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3 reasons why most startups outsource IT Services.

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Building a startup is hard. People steering the ship have to wear multiple hats and must constantly be on the lookout for opportunities to go further ahead. Statistics says that 9 out of 10 startups worldwide fail during the first stages of their development for numerous reasons.

Searching for more experienced people who are expertized to help you in your IT projects is a step many startups take to complete successfully their IT projects. Yet, few are those companies that manage to find the right help at the right time. Here is list of reasons you should know as to why outsourcing your IT needs may be beneficial to you and your business.

Budget Considerations

If you are a startup, you best know how important it is to keep your expenses to the minimum. A large number of startups prefer to outsource their IT needs to avoid additional long-term expenses and bring about cost-effective spending. Moreover, if you are tight on budget, you probably plan to hire a talent who has not been tested and does not have any previous experience, as this will be the only option you could afford. However, in this scenario you need to know that you may be putting your startup at risk. Imagine the possibility of receiving daily amount of low quality work that simply wastes your time. You will probably end up with no work done and a sum of money lost.

Industry Knowledge

Most IT companies have been specialized in working with companies in one or several industries. This has allowed them to understand their core needs in depth and know exactly what to offer them since the very beginning of their collaboration. The profound industry knowledge accounts for shortening the project deadlines and work of higher quality. With experts who have created many products similar to yours, you will be comfortable discussing the features of your new software and its possible updates.

GOT IT is a company with an expertise in Financial Industry Business Management. For more information, you can have a look at our case studies.

Time Effectiveness

Hiring someone to turn your desires into a real-life product can be a long and exhausting experience. Moreover, if the developer you hire has not been a part of a startup, then they will probably need some time to adapt. This will likely lead to the project being delayed. By hiring a company that has some experience behind, you will be sure that deadlines are met, and your product will follow or even exceed your criteria.

If you are in the thick of the debate and want to learn whether outsourcing is the right move for you, get in touch with us! We will reach out to you with the right answers for your business.

Created by Georgi Stoyanov

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