Introducing: The CTO’s report on offshoring — Insights from 100 CTOs
Working out the way to set up or extend your tech team is no easy fete. It’s not simply a case of identifying the optimal path, but the strategy you can actually execute. To help CTOs, VPs of Engineering, and other tech leaders identify and execute the right offshoring strategy, we put together The CTO’s report on offshoring.
We interviewed 100 CTOs to find out their approaches and thoughts on the current state and future trends of building and managing dedicated tech teams. Then we analysed their answers, separated the top performers from the rest, and included global trends and data to give a holistic view of the situation.
It’s completely free for you to download today.
Here are a few of the key insights we found.
CTOs have fully adopted offshoring
79% of all the CTOs we spoke to are actively, or planning to, use offshoring for part of their tech teams.
These included smaller businesses whose whole five-person dev team are offshore, to global companies that have R&D centres focused on delivering new innovation to their users. But that wasn’t the most shocking part.
An even higher 97% were open to offshoring at some point.
While there are still some concerns about the quality of work and security issues with offshoring, the benefits have convinced tech leaders across the globe to adopt this strategy.
Time zones dominate the conversation
Time zone differences have traditionally been one of the main obstacles to CTOs exploring offshoring.
While our survey showed that on the whole, CTOs still prefer to have smaller time zone differences, this was not a universal truth. For example, a third of all APAC CTOs selected Eastern Europe as their top offshoring location despite half that number saying time zone differences weren’t a factor.
When we dug deeper, it emerged that a growing group of CTOs have discovered time zone differences can provide real benefits:
- Delivering 24/7 support to global user bases.
- Developing and launching updates while the users aren’t active.
- Gaining additional development hours outside of the regular 9-5.
Having a clear process for communication and handing off work is important, but once established, time zone differences become a pure benefit.
Get the CTO’s report on offshoring and find the best solution for your business
That’s just the tip of the iceberg. In the full report, there’s a ton of more data, insights, and analysis focusing on offshoring best practices and future trends.
What’s inside?
- The current state of offshoring (how many CTOs are using this strategy, why and why not).
- The main challenges CTOs have with offshoring and how they overcome them.
- The factors CTOs anticipate will change offshoring in the future (including whether it will grow or decline in importance and use).
- The top offshoring locations, why they are selected, and the typical cost savings of each location.
- How leading CTOs are using cultural differences as an advantage, not a communication barrier.
Wondering what offshore software development is all about? Then, this article is for you.
If you want to find out how your peers are approaching offshoring and what separates those who are seeing a high ROI from those who don’t download your own copy today. We guarantee you won’t regret it.
