How Much Does It Cost to Outsource Software Development?

The Earth revolves around the Sun. We all agree on that, right? Righhhht?

Metaphorically though, it revolves around money. Do you copy? Yes, you do 😀

That is especially true when it comes to ‘businesses’. Most business decisions are heavily influenced by finances, from where to hire to which untapped market to tap next – so on and so forth. But of course, whether the business itself succeeds or fails is precisely measured by market capitalization. So once again — by money.

Recently, rising software production costs have become an absolute enemy of businesses struggling in the post-covid era. To give an idea, the average cost of setting up an in-house team starts from $11000 to somewhat around $32,300.

Now obviously if you are starting fresh, you would rather spend that amount of money on yourself instead of setting up an office, and that’s completely understandable pal.

Let’s figure out why?