Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity that is or could be done internally, and sometimes involves transferring employees and assets from one firm to another. - Wikipedia
The term; outsourcing comes from the phrase outside resourcing. In development sector, outsourcing means a company hires a professional remote team to get its projects done.
In the 21st century with the growth of internet and business all over the world, companies got bigger. And the big companies want to focus on their business. As they were already outsourcing human resources, marketing, accounting and administrative tasks, the new trend is outsourcing the development team. As you may know, Microsoft decided to outsource the team behind Windows for many versions. Apple, IBM, Amazon and many others are doing same for a reason. So you should think of it!
There are quiet a lot of benefits of outsourcing a project. Reduced costs is one of the main reasons while companies decide outsourcing a project. Reaching the skilled & professional developers, reducing the time of project with a bigger team, focusing the company's own business and many more reasons can be counted.
If your business requires an outsourced software project, Mudimedia is ready to work alongside you. we have the ability to develop a software application rapidly for testing and further iteration. We take time to understand our partners, and we practice industry standard security compliance.