1: Offshore Software development
Hiring a remote software development team from outside the country with significant time zone differences and more travel distance is called offshore software development. Businesses mainly focus on hiring a development team from a different continent in Offshore software development.
2: Software outsourcing (OnShore)
You exclusively focus on hiring developers from within the same building or city and the same country or same region. In this outsourcing model, you hire a team from within the country.
3: Software outsourcing (NearShore)
When you go outside of your country to hire a remote software development team, you exclusively focus on nearly with short distance a neighboring country within the same continent.Businesses are adopting software development outsourcing increasingly, the success ratio of offshore development is 43%, and the 72% success ratio of Agile software development. However, a surprising figure is around 40% of offshore software development teams fail to meet clients’ expectations.