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Software outsourcing is generally an agreement by which a company hires a third-party data processor to perform the software development that could have otherwise been performed in-house. However, developing a full software application on your own takes time and cash. In reality, most people can't manage a large IT department. The Benefits of Outsourcing Software Development Services Cost savings It's possible to include hiring, recruitment and housing expenses. Regardless of whether you need 5 or 1,000 people outsourcing the entire project is much cheaper than hiring each developer on its own and assigning developers to their own units. A foreign workforce working in Eastern Europe costs around 80 percent less than one that is employed at home in North America or Western Europe. This is not just for low-level positions. It is important to note that the salaries in certain countries can be lower because outsourcing companies provide outsourcing services. This ...