Six Ways to Decide Between Offshoring and Onshoring for Your Next Project

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Value

While offshoring has typically been seen as a money-saver by default, the perception is beginning to change. With potential language barriers, travel budgets, and quality control to worry about, companies can sometimes extract more value from onshored projects. Still, regardless of budget, the value of outsourcing hinges on your project's specific needs. Is cultural coordination a deciding factor for you? Onshoring may provide more value, even if it's more costly. If you're looking for a fast turnaround, on the other hand, offshoring may be a snap decision.

When we talk about onshoring versus offshoring our outsourced projects, we tend to make assumptions that don't actually play out in real-life contexts. Most of the conversation surrounding different types of outsourcing, for instance, revolves around the idea that offshoring is a way to secure top talent at extremely cheap prices.

While offshoring can certainly be viewed as a way to save money on development, the expectation of getting something for nothing – that is, an ideal developer for half the price – is sheer fantasy. Instead, we need to see offshored projects for what they are: a viable development option for businesses that don't have the time or resources to hire internal teams. Whether you're onshoring or offshoring, the truth remains the same: You get what you pay for.

Instead, businesses should look at their own needs to see which option will work better for the situation. In this slideshow, Himanshu Sareen, CEO of Icreon Tech, has identified six criteria that will help you decide whether offshoring or onshoring is better suited for your next project.

 

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