Offshore Development

A business strategy where companies or organizations contract software development, IT services, or other projects to external providers, typically located in different countries, often with lower labor costs. Offshore development allows companies to access a global talent pool, reduce costs, and accelerate project timelines. It involves collaborating with offshore development teams to design, develop, test, and maintain software or projects, with a focus on efficiency, quality, and cost-effectiveness. While it offers numerous advantages, offshore development may also present challenges related to communication, time zone differences, and cultural nuances, which require effective project management and collaboration methods.