Helpful Calculator For Hiring Offshore Software Developers
Outsourcing software development is no longer an unknown way to structure a business model, but it has also become widely accepted and helpful. It is very impressive to discover how offshore developer rates differ in various parts of the world. Did you know that the average development rate in Ukraine is about 30-50 dollars, while in the USA, the same service can go as high as 100-150 dollars? So what are the best offshore software development rates by country? Read on to find out.
Overview of Offshore Developer Rates
There are hundreds of outsourcing development hubs all over the world. This has made the offshore software development cost vary from one country to the other. The rates in these countries vary, but they also differ in development quality, culture, and expertise. So, to hire a development team, it is vital for you to consider the scope of these various differences. You also need to analyze the differences and choose the country that has the best cost for offshore developers.
When we are talking about rates, there are two significant pools of outsourcing destinations. First, we have regions that have a high life standard and a stable economy. Examples of such countries are the USA, Australia, Israel, UAE, and Western Europe. The offshore software development rates comparison vary from 50 to 300 dollars in the mentioned countries.
Secondly, regions that have a lesser developed market are also considered when we are looking at offshore development rates. Countries and regions such as Latin America, Africa, Asia, and Eastern Europe are often characterized by low rates and a high number of specialists. Recently, less economically developed regions have emerged as significant players in the global IT outsourcing market. They have developed into effective IT centers that contribute significantly to the production of mobile and web applications.
The Cost Of Offshore Development in Eastern Europe
In the past few years, Eastern Europe has become a big offshore outsourcing center in the world. Eastern Europe boasts of hosting more than one million qualified professionals that are offering affordable web development services. The main outsourcing hubs in Eastern Europe include Ukraine, Poland, and Romania. The average outsourcing development rate in Europe is between 22 to 55 dollars.
While Eastern Europe’s development expenses are reasonable, the quality is also offering promise. Eastern Europe provides excellent expertise backed by years of experience. High language proficiency is a benefit of IT outsourcing in Eastern Europe, as the majority of providers know English.
Let us take Ukraine, for example. Ukraine has a prominent position in IT outsourcing development in Eastern Europe right now. They also rank as one of the best offshore development countries in the world. The software developers of the country offer high quality for a very reasonable price. The average rate that can be found in Ukraine is 30-55 dollars. Junior developers can charge as low as 20 dollars.
The Cost Of Offshore Development in Latin America
If you are looking for a place to hire a remote development team, Latin America should not be overlooked. Latin America offers great talent at very competitive prices. If you decide to outsource to this part of the world, be ready to pay around 30 dollars for a junior specialist. A senior developer can charge as much as 55 dollars per hour.
The potential of Latin America to become a powerful country in terms of Offshore software development has only recently been recognized. This is because of the local government’s actions. Countries like Argentina, Colombia, and Brazil decided that they needed fresh sources of funding due to the ongoing economic unpredictability and political unrest. When the governments saw the need to invest in their IT sector, governments began making investments in IT infrastructure and tech education to grow the sector. The outcomes are quite positive. Today, these nations have a large pool of highly skilled workers who primarily work with US businesses.
Let us take Argentina, for example. Argentina has become of the advanced offshore outsourcing markets in Latin America. The pool of technical talents in Argentina is impressive, and it promises to grow continuously. Argentina has continued to grow culturally and economically, similar to European nations, and they have made a strong mark in the global IT arena. The rate of an offshore developer in Argentina is between 30 to 55 dollars, depending on the position of the developer.
Final Thoughts
This guide has presented a detailed overview of offshore developer rates in Latin America and parts of Europe. Some countries offer lower rates than others. So, depending on your budget, you can choose a country that offers you a lower rate.
Authored by Daniel Davis, Mellow Promo OÜ