Top 5 Offshore Software Development Companies of 2023

In today’s age, it is nearly impossible to build a business without relying on custom software solutions. Software that is tailored to address unique business needs is crucial if you want to deliver top-notch experience to your customers and improve internal efficiencies. If hiring specialists locally is not feasible, teaming up with an offshore software development company is a great alternative.

A quick Google search for an offshore software development company throws up a million results. The global population of software developers is expected to be 28.7 million by the end of 2024. But who stands out in the crowd? Here are the top 5 offshore software development companies you must check out in 2023:

  • SumatoSoft
  • Dev.Pro
  • Kanda Software
  • Itransition 
  • BairesDev

What Is an Offshore Software Development Company?

An offshore software development company refers to an organisation that builds, designs, and upgrades software solutions for clients located in different geographical locations. For example, a  company in Hong Kong may hire a software development firm located in Eastern Europe, which is an offshore company. 

Offshore development teams are a natural choice to reduce operational costs without compromising on the quality of the end product. 

Why Do Companies Choose to Build Custom Software?

There are three key reasons for companies to opt for custom software for their business:

Seamless integration  

Every aspect of custom software can be tweaked to seamlessly fit the existing workflows. 

For instance, while you can rely on Microsoft Excel, a generic software, for tracking your appointments. However, a hospital may not find much use for it. They need software designed to integrate into their specific workflows with features relevant to healthcare and data confidentiality.  

Cost efficiency

Housing an in-house team is not possible for companies in early stages of growth.

In such cases, opting for a custom software solution is better than relying on generic software. Even though the upfront cost may be steep, you don’t need to pay licensing/upgrading fees on an ongoing basis that quickly adds up.

Plus, most firms offer a range of engagement options including working on blended rates, making it even more cost efficient for a business. .

Gaining competitive advantage 

Unlike off-the-shelf software, customised software can be developed to address the unique needs of your customers. This can help you swiftly adapt to the changing needs and deliver superior customer experience. 

Over time, better efficiency and productivity can help you to stay ahead of the curve and outrank your competitors.

Top 5 Offshore Software Development Company to Choose in 2023

Apart from building the software solution from scratch, an offshore software development company can also assist with managing the mobile/web app, provide upgrades, and help the in-house functions understand how to leverage  the custom software. North America houses the maximum number of offshore software development companies along with Eastern Europe and Asia. 

Here’s a look at the top offshore companies you can consider for your next project:

1. SumatoSoft – Shines as Technological Partner 

SumatoSoft features on top of the list with expertise in specialised solutions such as blockchain and UX/UI design. It has a wide sectoral expertise with clients in eCommerce, financial, entertainment, media, real estate, travel industries. 

SumatoSoft works with startups as well as established companies.

Founding Year: 2012

Location: Headquartered in Boston, US

Price: USD 50 – USD 99 per hour on average 

Rating: 4.8 (Clutch), 5.0 (Techreviewer), 5.0 (Capterra)

Pros and Cons of SumatoSoft Company

Here’s a look at the advantages and disadvantages associated with this company

Pros  Cons
– Customer oriented approach where the team proactively suggest new solutions 

– Clients get round the clock access to project management system 

– Qualified team well-versed with different methods and technologies 

– High-quality code delivered on-time 

– Reasonably priced

– Software maintenance may be charged on an hourly basis, making it difficult for the clients to work out the final cost

2. Dev.Pro – Works Like a True Team

DevPro houses 800 skilled  developers who are proficient in several programming languages and technologies. 90% of their business is through referrals or repeat clients that speaks for the quality of work delivered. 

Both startups and Fortune 500s rely on their expertise for building custom software. 

Founding Year: 2011

Location: Headquartered in Las Vegas, US with presence in Eastern Europe and Brazil

Price: USD 25 – USD 49 per hour on average 

Rating: 4.9 (Clutch), 4.7 (Techreviewer)

Pros and Cons of Dev.Pro Company

Here’s a look at the advantages and disadvantages associated with this company

Pros  Cons
– technically skilled team that delivers good-quality work

– clients receive weekly reporting & frequent demos 

– doesn’t function like vanilla outsourcing companies; committed to identifying creative solutions that work for all stakeholders

– median time-to-hire is only 15.5 days, allowing clients to expedite time to market 

– language barrier with junior developers

– expensive compared to competitors 

3. Kanda Software  – Unmatched Technical Knowledge 

Kanda Software is a full-service firm that provides software engineering and digital transformation services. They are respected by their clients for domain expertise and cost-effective products. 

Well-known for their Saas and mobile solutions, Kanda Software is the name behind apps such as MarketSpectrum and UPenn’s Rescufy. 

Founding Year: 1993

Location: Headquartered in Newton, US

Price: USD 50 – USD 99 per hour on average 

Rating: 4.9 (Clutch), 5.0 (Techreviewer)

Pros and Cons of Kanda Software Company

Here’s a look at the advantages and disadvantages associated with this company

Pros  Cons
– various engagement models you can choose from

– management is always willing to support the changing needs of the client 

– no security-related breaches till date

– wide range of technical skills which is unusual for a mid-sized software development company

– onboarding may take longer than expected

4. Itransition – Exceptional Experience in Developing Mobile Apps

With more than two decades of experience, Itransition is a leading offshore software development company and has clients across 30 countries.

It features among the leading software outsourcing providers of the world, thanks to multiple recognitions and rewards from various industry doyens such as Inc 5000 and Software 500.  

Founding Year: 1998

Location: Headquartered in Denver, US with presence in United Kingdom

Price: USD 25 – USD 49 per hour on average 

Rating: 4.9 (Clutch), 4.9 (Techreviewer)

Pros and Cons of Itransition Company 

Here’s a look at the advantages and disadvantages associated with this company

Pros  Cons
– project management style is unmatched

– clients get access to project tracking tools along with frequent demos and weekly meetings

– developers, QA testers, and project managers are knowledgeable and smart

– lot of flexibility for engagement models

– the development team may change frequently 

5. BairesDev – Extremely Flexible 

BairesDev provides end-to-end software development solutions tailored to your needs. Whether you need a single developer or want to onboard a team, BairesDev is known for exceptional results. With startups, SMBs and Fortune 500 companies on its client roster, BairesDev can tackle your biggest technological needs.

BairesDev has won several industry awards and is well known for their exceptional customer service.

Founding Year: 2009

Location: Headquartered in San Francisco, US with presence in Brazil, Spain, Argentina, Mexico, and Colombia

Price: USD 50 – USD 99 per hour on average 

Rating: 4.9 (Clutch), 4.8 (Techreviewer)

Pros and Cons of BairesDev Company

Here’s a look at the advantages and disadvantages associated with this company

Pros  Cons
– easy onboarding process

– senior developers with 10+ years experience who are 100 percent bilingual

– project management is top notch with daily standup video-calls and communication on slack

– incredibly accommodating and committed to delivering quality work even when some project attributes are unclear 

– different types engagement models to suit client’s needs

–  may not have sufficient Salesforce developers on team

–  expensive compared to competitors

Wrapping Up

Given the plenty of options out there, hiring the right offshore software development company may seem like a task. To ensure a good fit, spend time vetting the contenders on your shortlist. A thorough review of the portfolio and testimonials from previous clients is a good starting point. 

FAQs

1. How much does it cost to hire an offshore software development company?

The cost varies widely depending on the scope of work and complexity, technology employed, timeline, and expertise of the developer. 

It is impossible to lock down a single number. 

2. How to hire the best offshore software development company?

Researching and evaluating different companies based on client reviews, portfolio, and expertise is a good way to shortlist potential partners. 

Make sure to define your project requirements and goals clearly before you start preparing the shortlist.

3. What are the key challenges of working with an offshore software development company?

Differences in communication style and time zone are some of the common challenges most businesses encounter when working with an offshore company. 

4. How much time does an offshore software development company take to deliver?

On average, most firms take about 4-5 months to deliver custom software solutions. 

Vivian Au photo
Vivian Au

For many years, I worked at big accounting and company secretary firms in Hong Kong. I started Air Corporate to make the life of entrepreneurs and SMEs easy.

Vivian Au

Related Articles

Declaring a dormant company in Hong Kong
September 8, 2023

A Complete Guide to Declaring a Dormant Company in Hong Kong

Imagine if you could hit the pause button on your business operations and wait for a better time to restart? […]

Man using a laptop to analyze data to build software
September 1, 2023

Top 5 Offshore Software Development Companies of 2023

In today’s age, it is nearly impossible to build a business without relying on custom software solutions. Software that is […]

An image of a person signing a BRC on a table
August 25, 2023

Your Ultimate Guide to Hong Kong Business Registration Certificate

A business registration certificate is critical for anyone who wants to do business in Hong Kong. But navigating the process […]