Outsourced software development and IT outsourcing, in general, are two big things right now. The market is expanding: the market value of the IT outsourcing industry is estimated to reach $430.53 trillion, with a projected increase to $587.3 trillion in 2027. This increase reflects an 8.07% CAGR between 2023 and 2027. The United States was predicted to earn the greatest income in this area. There is even the Hall of Fame, with lots of successful IT outsourcing stories. There is undoubtedly something to learn from them, and intriguingly, they all have something in common. So before you decide to outsource your next software development project to Innowise.com, check the success stories below.
#1 WhatsApp
This is most likely the most quoted narrative of its sort. This cross-platform VoIP/messaging platform that Facebook purchased for $19 billion has outsourced beginnings. The creators came up with the concept in 2009 while trying to find work at, ironically, Facebook. They recruited Igor Solomennikov to handle iOS development initially (he subsequently joined the team), and then practically all core development was delegated to professional teams in Eastern Europe. The platform quickly rose to the top of the Google Play and App Store rankings across all platforms, practically burying SMS technology as an afterthought.
#2 Alibaba
The worldwide eCommerce and technology company is now perhaps as well-known as the Great Wall of China but considerably more easily accessible from overseas. The company began in 1999, at a time when businesses were increasingly embracing the Internet for consumer connections. The creator, Jack Ma Yun, hired developers in the United States to design a website that would appeal to both domestic and international audiences speaking English. Granted, outsourcing increasingly works the other way around, with Northern American corporations relying on Asian knowledge in a variety of industries.
#3 Slack
When Slack was launched in 2013, it was far from the team communication platform it is now. It was more like an IRC within a browser, and few people can recall what the prototype prompt looked like. However, this approach emerged win-win in a market crowded with similar solutions. What’s the secret? The trick is that the way it just looks, feels, and sounds is different from its rivals. This was primarily due to outsourcing the overall design idea, which had the impact of redesigning the app, logo, and commercial website. In 2017, Slack secured $250 million in funding. And we should say that this is just the beginning.
#4 GitHub
Almost every software engineer is familiar with Git, and 40 million Git users use GitHub for version control, source code management, bug tracking, and other purposes. GitHub is a hosting company that also offers useful features. Its creators, coming from San Francisco, began by developing using the Ruby on Rails framework. It became clear that their approach required individuals who were very knowledgeable in Git itself. Scott Chacon, an expert, was recruited and hired as an outsourcing presence for the project. It was the best way to find developers for a startup. This enabled Microsoft to acquire GitHub for $7.5 billion in 2018, making it the ideal platform for Git.
#5 Unilever
Previously, a consumer goods business might have recruited a development staff but chose to outsource it. The year was 2005, and the corporation had around 200,000 workers globally, with operations in dozens of countries. When faced with the necessity to combine several ERPs throughout their operational realm, the British-Dutch company made a brilliant move by outsourcing a part of its personnel. Doing differently could have been damaging to the company’s internal focus, and we see hundreds of savvy C-suites following their lead and outsourcing non-core functions. Unilever’s activities are now running well, with a projected net income of €9.808 billion.
#6 Google
We all know Google has enormous size. That’s why it is impossible to quantify how widely it has outsourced certain IT tasks. Since we’re talking about the “classic,” most usually referenced incidents, here’s one that made news in 2011: Google AdWords. This service covers over 90% of the world’s Internet users and is utilized by many marketers.
Approximately a thousand outsourced agents were tasked with providing customer assistance by phone and email, and they were all spread throughout the world. The experience paid off well enough for Google to expand into software development, IT infrastructure management, and other areas in 2016. As of today, this enables the corporation to focus on technologies that get even more attention than before.
#7 AppSumo
As of today, AppSumo is a treasure trove of daily offers for everyone interested in digitally distributed items, such as software, ebooks, and learning courses. While the company first provided lifelong SaaS packages at cheap costs, its offerings have expanded. The amusing tale behind this achievement is that Noah Kagan, the company’s creator (a former Facebook and Mint.com employee), leveraged outsourcing to the farthest degree possible: paying $50 for a PayPal integration. One button, one remote developer, one fantastic idea – the beginning of a firm now valued at $2 million and boasting a 700,000-strong subscriber base. Curiously, the initial justification for outsourcing was because AppSumo began as a “side project,” and Kagan saw no need to employ an in-house staff. The result was a well-balanced outsourcing plan.
Final Say!
Software development outsourcing is not only for small and medium-sized companies that have difficulties building software in-house. Some of the world’s largest technology behemoths use software development outsourcing services to increase their productivity. This is due to reduced expenses, increased internal team productivity, and access to additional talent. With the strategic outsourcing approach, you may achieve faster delivery times using software development outsourcing. The above examples prove that software development outsourcing can be a win-win solution.
