A pandemic has never been expected to bring about such drastic changes in life. Among the industries that have been affected by the Coronavirus are hospitality, entertainment, and travel. A shift in business processes and work patterns were observed in the IT sector, however. IT staff augmentation has instead brought productivity to the IT sector, unlike the unlucky domains impacted by the economic downturn and other regulatory measures.
During the pre-COVID era, companies that were short of staff or skill sets would use staff augmentation to supplement their resources. After social distancing measures and the implementation of work-from-home programs were implemented, IT companies lost the ability to distinguish between onshore and offshore remote developers.
Statistics
According to a Statista report, the global outsourcing market was worth $ 92.5 billion in 2019. Pandemic, the IT staff augmentation market size grew to $ 132.9 billion. With the strict lockdown implementations, IT companies go digital by incorporating Cloud Services for their employees and augmented development teams.
Gartner Inc. Mentions that the total Cloud Service revenue grew from $ 214.3 billion to $ 249.8 billion. As per the Research and Markets report, the Global Revenue of the Outsourced Customer Experience Market in 2019 was $ 78.8 billion, whereas after COVID-19, in 2020 was $ 82.6 billion.
The Statista report for worldwide spending in the outsourcing industry’s recruitment process depicts $ 15 billion in 2019, which grew up to $ 18 billion in 2020. By the end of 2021, Statista reports that IT outsourcing’s market size will hit $ 413.7 billion.
The above stats prove that the COVID pandemic has boosted IT companies to switch to IT Staff Augmentation Services more often which resulted in the increased staff augmentation market size.
Why choose IT Staff Augmentation?
Cost-saving
Outsourcing project development to an offshore company, save a significant amount of money. Considering the expenses you’ll be doing on your employees having them on the team, you straightaway deduce spending with IT Staff Augmentation
Office capacity issues
The space to accommodate your staff for project development is not an issue anymore. The Staff Augmentation services provide the ease of continuing your project development with the required number of developers, though not present at your place.
Improves Service Quality
The solely dedicated development team is working on the project, enabling you to provide quality services.
Critical to business needs
The partnering outsourcing company gives you complete support in the management of your hired staff. Hence, one can focus on business strategies & decisions to take steps forward.
IT Staff Augmentation Process:
- Identifying Your Business Needs
- Hire a dedicated developer
- Augmenting In-house Team
- Re-scaling Based on Future Needs
How staff Augmentation can help you cope with COVID-19 business challenges?
The benefits of AnalyticsFox Software’s as an IT staff Augmentation partner provides you are tremendous. To be specific, the following are the major benefits,
Scalability
Provides your business an ability to scale up fast, as it brings up the best talent for your project developments, resulting in a successful project.
Recruitment
Saves your time & expenses in the hiring process & HR duties.
Specialized Skills
Enables you to hire resources with a specific skill set that is required for your projects.
Cost Saving
You not just save on the hiring & recruitment process but also saves the annual salary of high skilled talent by implementing staff augmentation.
Reduced Risks
With IT Staff Augmentation services, you get the right expert for your project requirements. This reduces the risks of your project failure or extension.
For cost-effective, scalable & timely delivery of your innovation, contact Analytics Fox software’s Outsource any software development to India, at Analytics fox Software’s, inquire at sales@analyticsfoxsoftwares.com
