Maximize Your Software Development ROI

What better way is there to ensure a high return on investment than to make sure that your software development team is productive? Cut costs and increase profitability by hiring dedicated developers and by imposing a few simple rules.No matter if you are working on a large or small project you can find it a good idea to hire a dedicated developer (or team of developers) from an established software company. These resources would be working for you only on a fulltime basis. Benefits of a dedicated team are that they will work closely with you and learn about your company’s special needs. They’ll therefore be better suited to help you succeed than what a contracted IT partner would be. As for costs, let’s face the fact that an IT company will have to add considerable margins if you outsource a project of limited time to them. So, if you outsource frequently, a dedicated team will save you money. When hiring a team of resources you should make sure not to overpay for the resources. But be wise – don’t negotiate a price of X number of developers prior to having assessed the developers. This is a frequent mistake that most probably will lead to the hiring of team that’s less qualified. Instead, ask for a trial and assess the developers’ productivity – then negotiate a fair price. Once your team of developers is ready, set up a number of internal rules for the developers. Make sure they send you frequent reports and updates. Have them set deadlines for all modules they are working on so that you get a chance to notice challenges that the team is facing. Another tip to ensure productivity is to create two or more teams of developers. Delegate your requirements to these groups, and assess what they’re producing frequently. This way you will notice if any developer or team is lagging behind. Working closely and diligently with your contracted software development team is a key to success. And, don’t forget to follow the simple advice of one of the world’s most affluent entrepreneurs – IKEA founder Ingvar Kamprad: “keep costs down”.

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