Global offshoring has become increasingly popular in recent years, enabling businesses to harness global expertise through a diverse talent pool to enhance their operations and drive expansion. This entails engaging the services of an external provider to undertake tasks or services that are typically managed internally. In 2019, the global outsourcing market was valued at 92.5 billion U.S. dollars, according to a study by Statista.
Double Yolk has made a name for itself in the tech industry with its innovative “cross-shore” delivery model, which enables clients in New Zealand and Australia to access a wide range of expertise. This approach has established Double Yolk as a leader in the offshore software development industry, providing exceptional talent and expertise to clients through its cross-shore model.
Double Yolk’s innovative offshore model
Double Yolk’s model offers a significant advantage by providing swift scalability and resource allocations to clients, which may not be feasible locally. This has allowed businesses to access a wider range of skills and experience, leading to higher quality standards, faster turnaround times, and lower spending. According to a study by Deloitte, offshoring IT functions can result in cost savings of up to 70%, making offshore development an increasingly attractive option for businesses seeking to maintain a competitive edge in the market.
Double Yolk has achieved this by combining local service design and assurance with top-tier offshore talent, providing seamless and efficient service to clients while contributing to the growth of the offshore software development industry.
Fostering customer trust through transparency
The offshore outsourcing industry has faced a major challenge in building client trust. Many companies have been hesitant to engage with offshore IT companies due to previous negative experiences. This lack of confidence is understandable, as most senior IT professionals have heard horror stories where cheap offshore software caused a loss of time and financial resources.
Double Yolk understands this concern and has taken steps to address it. The company thinks that transparency is the key to fostering trust, and the way to achieve this is by ensuring that its clients are involved in every stage of the development process. Its unique ‘cross-shore’ delivery model means local Double Yolk Engineers supervise offshore developers, guaranteeing high-quality standards from resource vetting through code commits. The core decision-making and technical leadership primarily depend on full-time staff based in New Zealand and Australia.
Resolving talent shortages and salary inflation
Furthermore, businesses within the tech sector also encounter the dual obstacles of the shortage of qualified candidates coupled with the rising inflation of salaries. Many SaaS companies struggle to find sufficient technical talent especially when local hiring options are limited.
Thankfully, Double Yolk’s unique model addresses this issue by supplying a range of expertise that spread across the full software development lifecycle. This includes hiring business analysts, project managers, scrum masters, front-end and back-end engineers, mobile developers, DevOps engineers, UI/UX designers, and QA testers. They also have a team of data engineers across Power BI, Tableau, Salesforce, Microsoft 365, and Power Platform. Their clients range from fintech and construction tech companies to large-scale NZ-owned SaaS businesses and software development agencies.
A future of fast-paced growth
Double Yolk’s impact on the tech industry is a prime example of how innovation and a willingness to think outside the box can lead to significant growth and success. As more and more businesses turn to offshore development to stay competitive and meet the demands of a rapidly evolving market, it is clear that the impact of Double Yolk and other innovative companies in the industry will only continue to grow in the years to come.
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