When it comes to outsourcing your operation, finding the right partner can be a complete question mark. As expected, such an important move doesn’t come lightly. After all, you're trusting the future and success of your operation to a third party and we get that. So, what are you looking for exactly?

At Nearshore Portugal, we’re still developing our mind-reading capabilities, in the meantime, we count on knowledge and experience to help you achieve your needs, vision, and goals.

Whilst scouting the market for a software outsourcing partner, it's normal to focus on two distinct aspects: track record and pricing. Commonly, pricing is on the top of the list regardless of the service at hand. However, what if you're faced with a potential nearshore partner at a lower rate than the rest of the competition? It seems like the right partner at the right price so, you might jump on what it seems to be a major opportunity without properly checking the provider. Although it might seem like a match made in heaven, somethings really are too good to be true. Pricing makes a difference, but it isn’t the only variable to consider. Remember, the wrong vender can actually do more harm than good. Now that we got you wondering what can be more valuable than that Black Friday-like discount, here is a list of what you need to take into account!

Total Cost of Ownership

The total cost of ownership or TCO, as it’s commonly referred to, is the purchase price of an asset plus the costs of operation. As a means to assess the total cost of ownership, one must step back in order to see the bigger picture of what the product is and what its value is over time. Before making a decision to buy, buyers should examine the short-term and long-term price, in other words, the total cost of ownership. When it comes to software engineering, the TCO is based on the cost of the application, as well as its development, support, maintenance, and possible additions. What does this mean? Simply put, what you thought was an incredible price is actually an incomplete price.
How can you better prepare yourself? Buy searching for key factors:

Method

When it comes to the success of a project, the methodology is crucial and it all rides on teamwork. That’s right, teamwork is the make or break of any project and what supports all the effort is a compilation of methods, procedures, best practices, and behaviors. Keeping that in mind, its truly important to count on a team that shares and understands your vision and equally important, who’s methodology is like yours.

Output

Getting the most out of your team is the objective. After all, the higher the productivity levels are, the better. Naturally, having the right team will make speed un the clock, unlike working with a junior team who will probably slow the clock down. This is turn can lead to mistakes, more money spent, client relationship down the drain and a loss of future opportunities. Once again, what you need is an A-team, a group of experienced developers focused on scaling your business while answering project requirements. Mixing your team with seasoned professional and junior members can create a dynamic environment based on learning, challenges creative thinking, increasing your output.

Build to last

As you know, the process of developing software isn’t a walk in the park nor is it inexpensive. It takes skilled professionals to create custom software that can cover all your needs a well as future necessities that are still in the far far future. The goal is building it to last. In other words, if your application is badly built, you will without a doubt, need to make several fixes and corrections and this means more investment, whether it’s money or time, both are too valuable to waste

Security

Preventing risks is a top priority, this is especially true in the IT industry. The mission is clear: prevent potential risks to push forward and in order to do so, it’s critical they get detected before it’s too late. Working with a vendor that has is pricier than the black Friday Company can give you two things: peace of mind and less investment needed down the road.

At the end of the day, finding the right partner that understands your needs and can support your technological demands is all about that one provider that grasps not only the market but the entirety of procedures involved, from methodology to security, working towards your product as you envisioned it whilst providing you with a service value that will have its return.