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Top 5 Nearshore Software Development Companies
When it comes to outsourcing software development, nearshore companies offer an outstanding balance of cost savings, technical expertise, and cultural compatibility. But with so many options, knowing where to start can be challenging. That's why we've compiled a list of the top 5 nearshore software development companies to help you make an informed decision.
These companies have a proven track record in nearshore software development and have received positive feedback from clients for their quality of work, communication and collaboration skills, and project management capabilities. To help you choose the right firm, we will closely examine each company, including their areas of expertise and services. We’ll also give you some top tips for making the right choice. Shall we begin?
What Is Nearshore Software Development?
Simply put, nearshore software development means outsourcing software development projects to companies or teams in countries geographically close to the company outsourcing the work. Conversely, offshore software development entails outsourcing work to companies or teams in distant countries with large time zone gaps and different cultures. Popular countries used for nearshore software development include Canada, Mexico, and countries in Central and South America.
Top 5 Nearshore Software Development Companies
1. BairesDev
Founded in 2009, BairesDev has become a leading software development company in Latin America. With clients such as Google, Microsoft, and Apple, its portfolio speaks for itself. The company has offices in Brazil, Colombia, Mexico, the United States, Canada, Argentina, and Uruguay, making it one of the top choices for nearshore software development outsourcing.
If you’re looking for a company specializing in custom software development, cloud computing, or mobile and web development, BairesDev could be the right fit. They work with both Fortune 500 companies and start-ups, making them a viable option no matter the size of your business.
What do you get when working with BairesDev? These are just a few of the benefits:
- High level of expertise across multiple fields
- Employees who are fluent in English
- Teams that work in various time zones
- Some of the best software engineers from Latin America
2. DXC Technology
With offices in over 70 countries worldwide, DXC Technology has established itself as a global IT force. Some of their more prominent clients include Nissan, Dell, and Amazon, which tells you a lot about their expertise and experience. All that in the five years since the company’s foundation!
DXC specializes in a range of services, such as cloud computing, application modernization, IT infrastructure, cybersecurity, enterprise applications, and outsourcing, making it an excellent choice for a wide variety of projects. If you’re looking for a company with an impressive track record and formidable results, you should strongly consider DXC Technology.
3. Thoughtworks
Thoughtworks was founded in 1993 and has become a powerhouse with over 10,000 employees and contractors worldwide. They have offices in 10 countries, including Canada, making them one of the top picks for anyone looking to outsource to nearshore software development companies. Thoughtworks uses its expertise to help companies with digital transformation, custom product development, and agile software development.
Thoughtworks offers a wide range of software solutions, including product development, UI/UX design, AI, data science, and cloud computing. Its impressive roster of clients includes some of the world’s leading companies and organizations, such as Mercedez-Benz, PayPal, and Mackmyra. If you’re looking for a global technology consultancy and software development company that can handle your projects, you should look deeper at Thoughtworks.
4. CI&T
When talking about elite nearshore software development firms, we cannot fail to mention CI&T. Founded in 1995, the company has established itself as a global leader in software development, with offices in the US, Canada, Brazil, the UK, Portugal, Japan, China, Australia, and Colombia.
CI&T has a large workforce with over six thousand employees worldwide, specializing in multiple fields of software development. Their services include DevOps, big data, machine learning, UI/UX design, and cloud infrastructure. CI&T mainly partners with enterprise and midmarket companies with revenues over $10 million. Their clientele features Lenovo, Foot Locker, and Global Fashion Group.
5. TatvaSoft
With teams in Canada, India, the UK, and Australia and over 1000 engineers, TatvaSoft is truly a top-tier software company. They have experience with clients from various industries, such as fintech, insurance, education, media, etc. Some of their biggest clients include KFC, Fiji Airways, and NSW Health, proving their range and experience in different industries.
Their teams specialize in custom software development, mobile app development, web development, and software testing and QA. But they also offer additional services – quality assurance, project management, and software maintenance. Their track record is pristine, and they are among the top choices for nearshore software development outsourcing.
Advantages of Nearshore Software Development Outsourcing
With the growing popularity of offshore software development outsourcing, it’s easy to forget that nearshore companies offer the same services. Not only that, it may be more beneficial to work with a company closer to home. Here are the main advantages of hiring a nearshore company:
- Cost savings: Nearshore software development can be less expensive than hiring a team in-house or outsourcing to an offshore company while still providing high expertise and quality.
- Cultural and language similarities: Nearshore development companies are often located in countries with similar cultures and languages, making communication and collaboration easier.
- Time zone proximity: With nearshore development, the time zone difference is usually smaller, making it easier to schedule meetings and ensure continuity of work.
- Reduced risks: Nearshore development companies are often subject to similar laws and regulations, which can reduce risks related to data privacy, intellectual property, and other legal issues.
Access to new skills and technologies: Nearshore development companies often have a diverse workforce with a wide range of skills and experience, enabling clients to access new technologies and innovative solutions.
Tips for Choosing the Best Nearshore Software Development Outsourcing Firm for Your Business
Yes, working with a nearshore software development company has plenty of benefits. Still, you need to find the right one. But how? Don’t worry - we’re here to help. You should consider the following items before committing to any of the companies on your shortlist:
- Define your needs: Clearly define your project requirements, timelines, and budget. These parameters will help you identify the firms with the necessary expertise and resources to meet your needs.
- Research the market: Look for firms with a proven track record in nearshore software development outsourcing. Read reviews, check references, and speak to other companies that have used the firm's services.
- Evaluate their technical expertise: Confirm that the firm has the necessary technical skills, experience, and resources to complete your project successfully.
- Consider their communication and collaboration skills: Make sure that the firm has experience working with clients from different cultures and time zones and has a system for effective communication.
Pay attention to the company culture: Consider the cultural fit, and make sure that the nearshore firm has similar values and that you feel comfortable working with them.
Ready to Hire Your Ideal Software Partner?
With this list of some of the top nearshore software development companies, you’re ready to find your long-term software partner. We’re sure you’ll find the one based on your needs and expectations. If you want to learn about more top-notch outsourcing software companies, we’ve compiled similar lists of the top 15 software businesses in various countries. So check out our website to get to know these additional companies.
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Frequently Asked Question
If you hire a bad software development company, you risk:
- Getting an unfinished/non-functional product;
- Delays and not having the product launched on time;
- Software with a lot of bugs.
Hiring bad software companies can lead to directly losing money because of deficient software, needing to invest more funds to hire other developers to fix/create a new product, and losing potential customers because of delays to the product.
The cost of hiring a software development company largely depends on the company’s quality, technology and reputation. Nevertheless, they tend to range between $40 and $100 USD per hour.
Outsourcing software development has the following primary benefits:
- Lower costs;
- Access to a larger pool of skilled developers;
- Speedy execution of software projects.
Based on the location of the outsourcing partner, there are 3 types of location-based outsourcing models:
- Onshore - when the outsourcing partner is located in the same country as the client company;
- Nearshore - when the outsourcing partner is located in a country with the same or similar time zone(s) as the client company’s time zone(s). For U.S.-based companies, Latin America and the Caribbean are considered nearshore destinations.
- Offshore - when the outsourcing partner is located in a country with a significantly different time zone(s) from the client company’s time zone(s). For U.S.-based companies, Europe and Asia are considered offshore destinations.
Choosing a software development company heavily depends on the needs of your project, the deadlines, and the budget. Here are the basic steps for selecting a company:
- Define the scope and requirements of your project;
- Look at the ratings and reviews of software companies;
- Read their portfolios;
- Look at employees' profiles;
- Define a company’s areas of expertise;
- Learn about their previous clients;
- Find out what project management methodology the company uses;
- Learn about the tech the company utilizes for development;
- Get their location;
- Find out about their rates and payment models.
Based on the relationship the client company and the outsourcing partner will have, there are 3 relationship-based outsourcing models:
- Staff augmentation - when the client company leases developers from the outsourcing partner for in-house projects to fill a skill gap in their internal team.
- Dedicated teams - when a client company hires a dedicated team from the outsourcing partner for a defined scope of work. The dedicated team may or may not work with the in-house team. The dedicated team reports to someone in a managerial position from the client company.
- Project-based - when a client company hires an outsourcing partner to complete an entire project, with the responsibility for the completion of the project resting on the outsourcing partner. The outsourcing partner forms the team(s), does the planning, and is responsible for all project management responsibilities.