IT Staff Augmentation Vs. Outsourcing – Which model suits your business growth?
As per the report, the IT staff augmentation and outsourcing services have grown immensely since the post-pandemic. IT staff augmentation services have seen a growth of 3.53% CAGR, and worldwide spending on IT augmentation is $81.87 billion. On the other hand, according to Statista, the Outsourcing market will reach $425.19 billion by 2026.
IT World’s New Dimension
After knowing these stats, we can say the IT world is in a new dimension and is at its peak. After the pandemic, most businesses want to register an online presence to compete in this competitive online market. However, the biggest problem is hiring IT talent; most businesses need more when finding and hiring the required talent.
In this blog, we’ll discuss two of these IT staff hiring models, know which one will be best for you, and how to hire a strategic partner for your business growth.
What is IT Staff Augmentation?
IT staff augmentation is considered one of the most effective in both sense pocket and talent ways to hire new talent to fulfil your project requirements. In layman’s terms, the service provider will provide top-tier talent according to your needs and goals.
Agile IT Staff Augmentation
IT staff augmentation service providers follow an agile approach and provide you with the right talent at the right time. For example, suppose you want to develop an app from scratch, your current team is working on another project, or your team lacks a specific skill. In that case, you can contact the IT staff augmentation provider, and they will understand your requirements and provide you with the best talent within no time, saving you a lot of time and, of course, money.
The best thing about the IT staff is that they keep a wide arena of professionals from different industries, and you can get most of the professionals under the same roof. We’ll discuss its benefits in another section. Now, let’s move towards Outsourcing.
What is Outsourcing ?
Outsourcing was first introduced in 1989, and now it is one of IT companies’ most popular business strategies. In Outsourcing, a company hires another company to do their project. Don’t get confused; we outsource work in IT staff augmentation and Outsourcing, but there are many differences between them.
Summary
Undoubtedly, outsourcing and IT staff augmentation are the future of hiring IT skills and taking down the burden of the work. However, there are several top benefits of IT staff augmentation that every type of business start-up, enterprise, and MNC consider hiring their workforce with the IT staff augmentation. Ftechiz has proven its unmatched skills and is helping tomorrow’s UNICORN with unmatched IT staff. Drop us an email for further enquiry and a free quotation. We hope this blog has cleared all your doubts regarding outsourcing and IT staff augmentation. Now it is your call whether you want to Outsource your project or hire augmented staff to work alongside your in-house team.
Source
https://ftechiz.com/it-staff-augmentation-vs-outsourcing-which-model-suits-your-business-growth/
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