1. Onshore Labour is expensive
Here's a great story:
We had an intern recently: a young chap looking to add some time at a start-up to his CV. At $800 a month, interns aren't exactly that low cost, especially when you're on a startup budget. But get this: the intern was late and even wanted ‘time off’ on his first day. How long was his ‘career’ at Wonderlabs then? 1 day. I kid you not; it’s almost a legendary story at our company.
2. You need to stretch your runway for as long as possible
So often, we see startup founders struggling to properly manage their cash burn and runway. (We were once these startup founders!) For the uninitiated, "runway" refers to the length of time a company can remain solvent without additional fundraising, and it should be your startup’s primary financial concern. Ignoring your cash runway is easy, especially when you can blow through it by purchasing a cool office locale or fun, fancy gadgets. See the next point to understand more.
3. Building an Offshore Software Development Team Saves Cost
By hiring offshore software developers, you can reduce your overheads significantly.
Numbers don't lie. Here is how much you should save when you build an offshore software development centre or team in Jogjakarta and Bandung:
If your home city is - Singapore - you save: 80.56%
If your home city is - Jakarta - you save: 23.06%
If your home city is - Hong Kong - you save: 80.80%
If your home city is - Sydney - you save: 88.15%
4. Scale of Access to Top Software Developers in Indonesia
I can't speak for other home countries, but I know for a fact that Singapore faces a shortage of 20,000 software developers to support our current economy. This alone is a huge driver for our business, and we get organic leads every single day. The challenge is that you just can't get talent in Singapore. And so.... our Talent Acquisition team slaves away day and night to build our highly proprietary list of Indonesia's Top 5000 Software Developers. We continuously target this list with job offers and profile our clients to them. If the time is right, and the offer is right, they will join your team. This list includes Indonesian software developers that are highly skilled in all the major development platforms and languages. Depending on your requirements and development methodology we will match the talents with you. We have specialist front-end UI/UX developers, specialist web services and API developers through to database developers and anything in between. I do not believe that any other offshore software development centre vendor in Indonesia can claim to have the same dedication to talent acquisition as us at Wonderlabs.
5. Scale of Mentorship and Intra-Company Learning
If you build your own team, you have have 5 or 6 guys who are hacking away with a narrow focus. At Wonderlabs, whenever a member of your team faces any difficulties, he looks around the room and sees at least 35 other engineers that he could possibly consult. This means problems are solved doubly fast. And as part of our services, our VP, Engineering and AVP, Engineering are continuously on staff to mentor, guide and troubleshoot when engineers face some difficulties they need help solving. This is the value that you should expect to plug into when you work with any offshore software development vendor. And this is really (in my humble opinion, of course) the true value of building an offshore software development team or centre.
Last Word: We're not the only Offshore Software Development Centre in Indonesia, nor are we the biggest. But we pride ourselves on providing the best quality of talent, and the best quality of customer success.
images sources: Freepik