For startups, accessing talented software developers is a source of both headache and expense. Hiring in-house or recruiting can be months of bureaucratic red tape, costly salaries and the dreaded workforce mismatch. And hiring overseas programmers on Elance or oDesk comes with additional costs – time zone differences and language barriers can create communication gaps that mean an additional army of project managers and translators to cope with cognitive dissonance between teams. Keeping agile development deadlines means adding even more pressure to fuel the fire. In this article, we explore how offshore work induces success stories for US-based startups when sourcing software outsourcing services from Bangladesh.
Outsourcing software development
Outsourcing software development to Bangladesh can be a great way for US startups to save money and time. There are many reputable software development companies in Bangladesh that can provide high-quality services at a fraction of the cost of what US companies charge.
In addition, outsourcing software development to Bangladesh can help US startups to get their products to market faster. Because the cost of labor is so much lower in Bangladesh, these companies can afford to hire more developers and get projects completed faster.
If you’re thinking about outsourcing software development for your startup, consider Bangladesh as a great option. You can save money and get your product to market faster with the help of a reputable outsourcing company.
Insider’s story of how outsourcing software from Bangladesh changed her company’s profits
When Anne-Marie decided to outsource the software development for her startup to Bangladesh, she had no idea that it would change her company’s fortunes so dramatically.
Anne-Marie is the CEO of a small but rapidly growing software company in the United States. When she first started her business, Anne-Marie did everything herself. She coded the software, designed the user interface, wrote the documentation, and handled customer support.
As her company grew, Anne-Marie quickly realized that she could not continue to do everything herself and still grow her business. She needed to find some help.
Anne-Marie considered hiring employees in the United States, but she quickly realized that it would be very expensive. She also looked into outsourcing to other countries, but most of them were either too expensive or had political instability.
Finally, Anne-Marie found Bangladesh. The cost of living there is very low and the country is relatively stable politically. Most importantly, she found a group of talented software developers who were willing to work for much less than developers in the United States.
Anne-Marie was hesitant at first, but she decided to give it a try. She outsourced the development of her company’s flagship product to Bangladesh and was amazed at how quickly and cheaply her product was developed.
Most importantly, Anne-Marie’s customers were happy with the quality of the software. Her company’s profits soared, and Anne-Marie was able to reinvest those profits back.
What are the requirements of an American company to outsource software?
There are a few key things to remember when outsourcing software development to Bangladesh:
1. To be able to legally outsource your software development projects to Bangladesh, your company needs to be registered and licensed in the United States.
2. You will also need to have a Bangladeshi business visa in order to be able to operate in the country.
3. It is important to partner with a reputable and experienced outsourcing firm in Bangladesh that has a good understanding of the local market and can provide high-quality services.
4. Once you have found a suitable partner, you will need to sign a contract that outlines the scope of work, timelines, deliverables, and payment terms.
5. Make sure to also agree on communication protocols and frequency so that there are no misunderstandings down the line.
There are a few things to keep in mind when you consider outsourcing software development to Bangladesh. The country has a large talent pool of skilled developers, and its cost of living is relatively low. That said, here are a few requirements your American company will need to meet:
-You’ll need to have a clear understanding of what type of software you want developed, as well as any specific features or functionality that are required.
-You’ll need to find a reputable outsourcing partner in Bangladesh who has a good track record and can provide the necessary skills and resources.
-You’ll need to establish clear communication channels and project management processes to ensure smooth collaboration between your team and the outsourcing team.
-You’ll need to be prepared to invest time and resources into training and onboarding the outsourcing team, as they may not be familiar with your company’s processes and standards.
Why Bangladeshi IT teams have a growing reputation in the Silicon Valley
In the past decade, Bangladesh has rapidly transformed into an attractive destination for outsourcing software development. This is due in large part to the country’s vast pool of talented IT professionals. According to a report by Gartner, there are over 500,000 IT professionals in Bangladesh.
This abundance of talent, combined with the relatively low cost of living and doing business in Bangladesh, has made the country an attractive option for many Silicon Valley startups. In fact, some of the most successful startups in the Valley have outsourced at least some of their software development to Bangladesh.
One such example is Grammarly, a startup that provides automated grammar checking and proofreading services. The company was founded in 2009 by two Ukrainians who were studying in the United States. They outsourced their initial product development to a team in Bangladesh and used the savings to fund their own education.
Today, Grammarly is a multi-million dollar company with over 700 employees. The company’s success is a testament to the talent and capability of Bangladeshi IT professionals.
Other startups that have outsourced software development to Bangladesh include AdMob (acquired by Google), AppLovin (acquired by WeChat), Andela (backed by Mark Zuckerberg), and Pathao (backed by Sequoia Capital).
Why you should outsource to Bangladesh now, when it has never been easier than right now
Outsourcing software development to Bangladesh can be an extremely cost-effective way to get your startup off the ground.
The Bangladeshi government is committed to supporting the country’s burgeoning IT industry, and there are now a number of very well-established software development firms in Bangladesh that can provide top-quality services at very competitive rates.
What’s more, with the current global economic situation, the Bangladeshi currency is relatively strong against the US dollar, which means that your outsourcing budget will go further in Bangladesh than it would in many other countries.
So if you’re looking for a high-quality, low-cost option for outsourcing your software development needs, Bangladesh should definitely be at the top of your list.
