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Technology expert and author
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In our last blog post, we put on our scuba suits and took a deep dive into the differences and similarities between Offshoring, Onshoring, Nearshoring, and (the highly spectacular) Yourshoring. In this post, I’m going to narrow the focus to Offshoring vs. Yourshoring—and outline the benefits and nuances of both.
Just like you do when you’re weighing any other important life decision, we’re going to make a pros and cons list. When we get to the end of it, you’ll see that Offshoring has a handful of pros and a very long list of cons. Yourshoring on the other hand, is as all-pro as Tom Brady. (No, for real, there are no cons. Read on.)
Here’s how we break it all down:
The term Offshoring is flexible and fungible—a bit like the unsung superhero Plastic Man (who everyone seems to co-opt for their own purposes). The concept is used in manufacturing, supply chain management, call centers, and much more.
From a technology perspective, Offshoring means finding development talent (wicked smart developers and engineers, for example) that are not physically located in the same country you are. Say you are a high-flying startup based in Austin, TX; when you leverage killer developers in Romania or Brazil, you’re Offshoring.
The tech offshoring market is poised for tremendous growth, with a projected worth of over $1.3 trillion by the end of 2023, Marketsplash reveals.
Sometimes Offshoring is referred to as “Offshore Outsourcing” which can be confusing because there is also just plain old “Outsourcing.”
It’s nuanced, so let me break it down for you real quick: Offshoring is like a long-term relationship, it’s your dedicated dev team who’s in it for the long haul, even though they’re far, far away. Outsourcing, on the other hand, is more of a fling – a short-term, project-based solution. This team comes in, does its thing, and then bows out. (Still confused? No worries, check out this wicked smart post we wrote so you’ll be talking the talk in no time!)
Ready To Rock? Call TurnKey and Get Your Own Yourshoring Solution Started.
There are myriad reasons why businesses use Offshoring. Here, we give you a brief synopsis of the most common reasons why:
To learn more about when offshoring is great, watch “When Offshoring is Great, and When It’s a Dog.”
Alas, nothing in life is perfect. Which means the list of inherent challenges to Offshoring is a long one. Let’s cover some of the low points:
Pro Tip: Find a Way to Do Both Offshoring and Nearshoring and Reap the Benefits. This is Our Jam, We’ll Make You a Pro in No time.
We feel your pain. Back in the day, before TurnKey Labs was even a glint in their eye, our founders, Sterling Lanier and Boris Glants, had another tech startup, Tonic Health. They faced many of the above pros and cons when determining their own offshore development strategy. It was frustrating—maddening, really. Enough so that they decided to come up with a better way: They call it Yourshoring.
Think of Yourshoring like Offshoring 2.0. It’s an advanced version, the one you want with all the good stuff and none of the gunk. Yourshoring amplifies all the advantages of Offshoring while putting in place the people, processes, and best practices needed to fully negate all of its disadvantages.
TurnKey’s Yourshore model is new, unburdened, and the technically savvy way to build high-performing remote software development teams. This is because it’s the first—and only—framework that is built entirely around YOUR needs. This is YOUR team, YOUR rules, YOUR vision, YOUR terms. Exciting, right? I know. Let’s dig in right here, right now.
The first customer we helped to applying Yourshoring was R1 RCM, a leader in healthcare workflow automation software. We joined forces with TurnKey to enhance their engineering capabilities. Through this collaboration, R1 achieved an impressive weekly release cadence of 51 releases per year, driving constant software improvement. With an annual churn rate of less than 5% over three years, R1 maintains engineering stability, ensuring uninterrupted support for their millions of patients and clinicians.
TurnKey’s YourShore model allows us to easily integrate developers directly into our organization so that they are truly my team. I honestly forget most of the time that they aren’t working in the same building as me.
With Yourshoring, you can ditch the disadvantages of Offshoring. Trust your build to TurnKey and watch your team take your product into the Hall of Fame. Here’s what you have to look forward to:
...Where the work can be done outside better than it can be done inside, we should do it.
Like anything else, when it’s custom-made, it just feels better. No blisters, all bling. Offshoring is good, but is it good enough? Is it right for you? Your product isn’t third-string, it’s a starter. Go all-pro with Yourshoring. You’ll get what you need, the way you need it. And TurnKey will make sure your product shines.
The Advantages and Disadvantages Are Clear as Day. TurnKey is The Way. Call Us.
When you hire an offshore team, you’ll enjoy cost savings, potential tax benefits, specialized expertise, and access to round-the-clock development.
Offshoring gives you a team you can rely on for technical expertise. But you have to let go of hiring control, cultural fit, communication skills, work ethic, control over security, and potentially, sleep (time zone differences are real).
This depends on your company and your product. Saving money is obviously good, as is the specialized expertise. But the list of cons (see our recap) is daunting.
Apart from the standard communication and cultural misalignment problems frequently faced, there are some serious legal exposure and security issues that come up with a team you don’t have complete control over. (Risk averse? TurnKey’s Yourshoring solution is here for the taking.)
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