The last 3 years left most of the world stuck in lockdowns and avoiding in-person services. This was one of the biggest catalysts for software adaption across multiple industries. Some industries might have been on the conservative side before, but finally, they were forced into adapting. This happened in every single country in the world. Now companies have seen how software platforms can benefit both them and their customers so are looking to develop digital platforms for any task possible. They are doing this in hopes to get ahead of their competitors, pleasing their loyal customers, and increasing their profits by relying on less staff for tasks that can be automated with software.
With the growth of the software industry, good software developers are in demand right now and these developers demand high salaries because of their skills. If a developer has specialized skills such as mobile app development or blockchain development, they can demand even higher salaries. This makes developing software really expensive. Software developers in Singapore are some of the most expensive in the region. You can however expect high-quality products to be developed by them as Singapore attracts some of the most skilled programmers because of the exciting startup scene over there. The same can be said about developing software in places such as The United States, Canada, and Australia.
For many companies, developing software in their own countries doesn’t make sense as the cost is too high, and they can instead work with a developer in a country with lower costs. Now, this can be challenging if not done correctly, but if you work with the right team it can provide excellent cost savings. When we think about outsourcing software development, we think of countries like India, Vietnam, Poland, Ukraine, and Romania. Eastern Europe has been known to have some of the best developers around and at a very affordable rate.
In the Asian region, people typically think of India as a good country to outsource their software development. Now you can definitely work with a few really good teams in India, but there are a whole lot of issues that can occur. Scams for one are rampant in the Indian software development industry. That low-quality development and poor communication often lead to conflict and wasted time and money. People are not discovering that you can find some of the best software developers in Vietnam. Vietnam constantly ranks as one of the top countries when it comes to IQ and the education system places a strong emphasis on STEM education. By encouraging mathematics and science, the country provides people with a strong foundation to enter the software development field.
Vietnam has become an attractive software outsourcing location for companies in Singapore, Hong Kong, Australia, New Zealand, and even Japan. Due to its strategic location, Vietnam has a timezone similar to these countries, making communication and collaboration convenient. Both of those are important factors in developing a successful software platform. By working with a developer in Eastern Europe or South America, these companies can still cut costs, but they will struggle to communicate.
Another great thing about the software development industry in Vietnam is the amount of talent. With a young population that is excited by technology, Vietnam has a large number of skilled software engineers. This will continue for the next 10 years and longer. Singapore startups and companies really appreciate the short distance between the 2 countries. Something about that makes them feel much more comfortable with software outsourcing. Software development companies in Vietnam also understand that outsourcing can be a difficult task due to cultural differences and differences in work culture so these companies hire project managers with an understanding of the work culture, people, and technology standards in the client’s country. For example, if a developer does outsourcing work for a Singapore company, they will typically have a manager that is from Singapore or has spent a fair amount of time there. This manager will constantly observe the technology and business news in Singapore and keep up with the latest happenings and innovations in order to be a valuable development partner to the client. This is something you need to keep in mind when looking for a development partner. Good development doesn’t just focus on code and features. They take time to understand your business and see how to use technology to innovate and create software solutions that will benefit users.