You must learn how big companies have grown so much and how they can outrun their competitors in such a global front. For that, they will cooperate with the remote teams and check out the IT outsourcing case studies. There are various examples of IT outsourcing examples of some major firms. Some of those are Oktopost, TenderApp, WhatsApp, Klout, and more.
Right now, employees and firms are shifting their working notion towards remote work. According to the case study in March 2020, around 16 million USA workers have shifted to work in a remote environment. This number is here to grow, thanks to a pandemic attack. As per the study material from Gartner, around 74% of the CFO’s plans are likely to shift around 5% of on-site employees to some permanent remote positions. Just like researching about outstaffing agency, let’s talk about the 10 case studies associated with IT outsourcing that the startups must learn about.
The case study on Pricena:
Right from its launch in 2013, Pricena has gladly presented its users with proper price information on home appliances and electronic devices across multiple stores in the UAE. Later, in June 2015, this firm partnered with Daxx for hiring full-stack and mobile developers to create Android and iOS apps and to develop a web version of Pricena.
Oktopost case study:
Oktopost is primarily targeted as a social media management platform, launched in the year 2013. They have already operated in 3 different countries with 22 employees. In the year 2018, this company ended up hiring software developments through Daxx and extended its roadmap. It even adds flexibility to the business, whose credit goes to the outsourcing firms completely. The main advantage of creating such a development hub in a remote condition is by increasing the available talent tool, with the help of outsourcing firms.
CuriosityStream case study:
A globally independent media company, CuriosityStream had already witnessed multiple firms gaining benefits from outsourcing before trying one on their own. It was in 2019 when the team hired six programmers’ teams and develop video features for the increasing number of hours watched.
The growth of WhatsApp in its case study:
WhatsApp started its journey with barely any starting capital. They need to keep their operational costs down to survive in this market. To launch and build any product, this company has now turned to Eastern Europe to source required tech talent. This company wasted no time in hiring offshore developers straight from Russia because of excellent talent.
Most of the in-house employees were currently focusing on customer support and operations, and they get to handle development offshore. Even though this firm contracted the majority of its engineering sources outsourced, they later relocated some of them to the USA.
StutyTube case study:
StudyTube is an online education platform, relying completely on nearshore programmers. Even though they started on part-time engineers, they realized this approach was not suitable. So, they decided to source required engineering talent near shore. The startup has already secured around three investment rounds totaling at 1,500,000 euros.
Tuning in with the Citigroup case study:
It is not uncommon to know that Citi has been thoroughly outsourcing tech operations right from 1992, and it never regretted its decision. This company is now running multiple offshore localities, all across India, Poland, and the Philippines. In the year 2012, Citigroup cut 11,000 jobs at HQ, which consists of half of the IT positions. Right now, most of the IT operations are now carried offshore. The company still has positive relationships with various outsourcing firms, like Wipro, TATA Consultancy Services, and more.
Slack case study:
One of the far-framed tools, Slack houses its success to the world of outsourcing. This company ended up hiring the Canadian design team to develop a beta version into one successful program. They have outsourced help for web design, logo creation, mobile and web applications, and more. Now, the company has already raised $250 million investment for a total valuation of around $5 billion within July 2017. The latest one was in August 2018, where it stands at $7.1 billion.
Klout and its innovative case study:
Klout is yet another big example of a start-up company, which has been greatly benefitted from offshore development. Just to bring this idea into life, the startup founder ended up in Singapore and hired a customized development team. He was there for four months and working closely with developers to create his product’s beta version. Then within four years, the company easily attracted $40 million in funding.
Widget Brain and its case study:
Widget Brain is a startup company based in the Netherlands and helps automate the workforce. It even deals with a maintenance schedule to save time, maximize their employee happiness, improve business compliance, and performance rates. They tried outsourcing and hired five developers in Ukraine and never looked back since then. It is now one of the primary startup companies in the Netherlands.
TransferWise has a noted case study for startups:
Even though his company claims to have never used outsourcing services, but it even admits to having various “independent workers.” They are literally forming the major part of the major engineering team of this company. The dispersed development team of this firm is currently located across Ukraine and Estonia. This company has been actively participating in hiring some of the best Ukrainian developers from the Lviv region, which is the western part of this firm.
Some of the other developers have also worked with this firm during its early days and now relocating to join the main TransferWire team, located in Estonia.
Learn the case studies well:
If you are one such startup company like the names mentioned above, then these case studies are for you. These notes will help you realize the importance of offshoring services if you are entering the business market for the first time. If you don’t have much experience in crafting a good business platform, outsourcing companies will be your guiding star throughout and serve you right.
