Outsource vs. In-House: Get the Best of Both Worlds with a CaptiveCoE™
In software development, time to market is critical. Success hinges on building quickly and efficiently to achieve your growth target while minimizing time and resources spent on tech debt and maintenance. Yet the critical shortage of good talent today makes it challenging to hire strong developers with the experience and professionalism you need.
Many organizations turn to outsourced development to solve many of the resource constraints of in-house development. Outsourcing development teams can be onboarded quickly, offering the immediate capabilities you need to start building and getting to market faster. However, outsourced development does not come without some risks.
While there are significant opportunities to an outsourced model, there are also noteworthy disadvantages of using outsourced development.
Benefits and Limitations of Outsourced Development
For companies struggling to staff an in-house team, outsourced development is an efficient solution offering core benefits.
- Project-Specific Capabilities Arguably the most significant advantage of outsourced development is the ability to leverage deeper development experience across industries, technologies, and frameworks.
Outsourced development teams can be structured with the skills and experience specific to your project requirements. If specialized domain expertise is required during development such as Kubernetes experience or experience with API development, the outsourced team can bring in additional support, avoiding any project delays associated with building out an internal team.
- Cost-Savings Outsourced teams provide the required expertise for your project and scale when necessary so you can meet your project deadlines. The quick, plug-and-play model allows organizations to save significant time and resources on hiring and training.
Along with these benefits, there are some disadvantages to outsourced development.
- Employee Retention High turnover at vendors can create project delays and missed deadlines. If you outsource your critical product, you must have redundancies built in to maintain project momentum and avoid becoming dependent on hiring replacements in-house or by the outsourced development team.
- Lack of Transparency Signing with an outsourced developer means your project is being managed by someone outside your company. In exchange Supposer faster development speed and lower cost, you give up some control over your project. Building a mutually agreed timeline an. In that case, a robust reporting relationship can help offset some of this risk, but the relationship can be difficult to manage for some teams.
- A Hybrid Alternative If you are not ready to commit to an in-house or outsourced only solution, there is another alternative. A hybrid model gives you the customized expertise you seek while also providing for the necessary scale. A hybrid model such as Trantor’s Captive Center of Excellence™ can work with you to meet your needs for retention and control while delivering your project quickly.
Trantor’s CaptiveCoE™ (Center of Excellence)
Trantor’s Captive Center of Excellence (COE) is a different type of hybrid model offering secure, scalable, and fast-to-market product development services. Trantor uses a collaborative approach through the various stages of development with a mix of long-term committed employees and shorter-term, project-specific developers.
Trantor operates on the “3C” model, with employees strategically located in Chandigarh, California, and Costa Rica. These smaller cities offer reduced turnover, with engineers staying on long-term and essentially becoming as ingrained with your company as the in-house developers. Our retention rate translates to engineers that know your solution and can help you minimize time to market.
Along with longer-term employees, Trantor also staffs short-term developers that can provide specific expertise and help you scale up quickly. When the project completes, these shorter-term developers roll-off, for a more cost-effective partnership.
Our development teams employ skilled and experienced specialists that understand the challenges involved and transparency required when working remotely. Our teams take a collaborative approach to communication in order to focus on product functionality while maintaining the highest standards for code quality, design, and navigation. Our “3C” model, with offices across the globe, ensures that your project is being fulfilled no matter what time it is.
As a smaller company, Trantor cultivates deep client relationships. We work hard to understand your industry requirements, the various stages of your business, and your R&D needs in order to staff the right mix of developers. Our innovative, transparent, and customer-centric culture offers improved efficiency, round-the-clock availability, and minimal risks.
Trantor’s Captive Center of Excellence offers you the efficiency, scalability, and expertise of an outsourced model, with the commitment of an in-house team. For more information about our Captive COE and how it can help accelerate your innovation, contact us!