https://parallelstaff.com/nearshore-software-development/
One of the primary reasons businesses opt for outsourcing IT software development is cost efficiency. Setting up an in-house development team involves substantial expenses, including salaries, benefits, infrastructure, and training costs. On the contrary, outsourcing allows businesses to access a skilled workforce at a fraction of the cost. By partnering with offshore or nearshore development firms, companies can leverage competitive labor rates without compromising on quality.