Do what you do best and outsource the rest
Outsourcing is one of the tools for your business to achieve competitive advantages. It represents an agreement in which one company hires another company to be responsible for some business processes. Information Technology Outsourcing is one of the Business Process Outsourcing types together with Engineering Process Outsourcing, Knowledge Process Outsourcing, Legal Process Outsourcing, and Recruitment Process Outsourcing. It exists in three forms:
Onshoring means that hired resources are located in your country. For example, a company in Brussels delegates some processes to a company in Antwerp.
Nearshoring is outsourcing to a destination with a time difference of 0-2 hours. A Dutch company hires resources from a Ukrainian company – that’s a usual case of nearshoring nowadays.
Offshoring is the practice of outsourcing IT services to a country with at least 5-7 hours time difference (e.g. A Germany-based company outsources tech support to an Indian company).
There are also differentiated types of outsourcing – staff augmentation (adding skillful specialists to in-house teams), project-based model (hiring resources from a company with some exclusive expertise) and dedicated development teams (allocation of dedicated resources in exchange for access to a larger talent pool with lower expenses).
Ukrainian IT Specialists are known for their high expertise. Developers from Ukraine are ranked 11th in the world according to the HackerRank rating in 2018. IT specialists have expertise in the majority of top popular programming languages: