Published May 13, 2024
In this article
In the contemporary digital landscape, Fortune 500 enterprises progressively use offshore developers to manage their development requirements. The key reasons for such market growth are superior efficiency, skilled implementation, and cost-effectiveness. This strategic move addresses prevalent skill shortages and taps the leading businesses into expansive global talent reservoirs, bolstering project scalability and adaptability. This detailed blog explores the top platforms that big companies prefer when hiring developers from other countries and explains why so.
Fortune 500 companies turn to hiring offshore developers for three key reasons: cost, access to talent, and flexibility.
Headquartered in London, this company specialises in offering highly skilled offshore developers at a competitive rate. Its vetting profundity is its USP, as its trained recruitment team pulls out 1% of top candidates after reviewing more than 300 to 500 applications in just a week.
Smart Working has quickly become a preferred platform among Fortune 500 companies due to its focus on quality and cost-efficiency, with its establishment in 2020 marking a significant milestone in its growth. Smart Working helps companies hire highly skilled remote software engineers. They use AI to vet 35,000 engineers monthly and match their clients with the best. 1
Based in Bangalore, India, The Scalers is good at building dedicated offshore software development teams for various businesses. With a reputation for qualitative service delivery, Scalers has become one of the preferred choices for Fortune 500 companies looking to scale their technical workforce.
They appreciate The Scalers’ ability to deliver consistent services and high-quality development teams that work as per the specific project needs. The company’s focus on building healthy business partnerships makes it appealing to continuity and reliability.
N-iX specialises in custom software development and provides team extension services, catering to Fortune 500 companies across North America, South America, and Europe. They offer scalable solutions tailored to diverse technological needs, and their multiple delivery centres, which contain a robust talent pool, make them more attractive for partnerships.
They value N-iX’s comprehensive service offerings and diverse ability to provide custom solutions across multiple continents. The company’s expertise in cloud, data analytics, and embedded software solutions enhances its appeal.
Your team in India facilitates the setup of offshore development centres and hires dedicated developers for short-term projects. Your Team in India is known for its flexible hiring models and focus on delivering quality services, which is particularly beneficial for businesses requiring rapid deployment of technical expertise. This makes it an attractive option for Fortune 500 companies looking for efficient and scalable solutions.
They choose Your Team in India for its ability to deploy resources and manage short-term projects effectively and swiftly. The company’s focus on cost-effective solutions and rapid scalability resonates well with clients.
Grid Dynamics specialises in cloud-native development and agile engineering. Grid Dynamics serves Fortune 500 companies with a strong presence across the USA, Mexico, Europe, and India, leveraging its global reach to provide comprehensive cloud-native development and agile engineering solutions. With a strong emphasis on remote collaboration and productivity, it supports enterprises in achieving digital transformation goals virtually.
They appreciate Grid Dynamics for its robust cloud solutions and agile development capabilities. The company’s multi-location delivery centres and commitment to building efficiency make it a preferred partnership choice for digital transformation initiatives.
BairesDev is known in the market for building dedicated development teams and providing end-to-end offshore software development services. Headquartered in San Francisco, BairesDev has diversified its clientele across various sectors, offering expertise in complex and niche software solutions.
Delivering scalable and innovative software solutions makes BairesDev a preferred choice for reputable brands. The company's focus on quality and client satisfaction ensures successful project outcomes across diverse industries.
Intellectsoft provides end-to-end software engineering services, from specialising in product engineering and mobile development to providing long-term support. With a strong presence in Eastern Europe, it supports highly-scaled companies in developing and flexibly managing software solutions for global markets.
They favour Intellectsoft for its capability to deliver scalable software solutions tailored to specific business needs. Intellectsoft’s commitment to innovation and quality in its product engineering and mobile development services ensures that it provides ongoing support for digital transformation initiatives, making it a valuable partner for Fortune 500 companies.3
| Parameter | Smart Working | N-iX | Your Team in India (YTII) | Grid Dynamics | BairesDev | Belitsoft | Intellectsoft |
|---|---|---|---|---|---|---|---|
| Headquarters Location | London, UK | Malta | India | USA | USA | Poland | USA |
| Offshore Development Teams | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Custom Software Development | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Team Extension | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Technology Consulting | Yes | Yes | No | Yes | Yes | Yes | Yes |
| Hourly Rate for Senior Developers | Varies | Varies | Varies | Varies | Varies | Varies | Varies |
| Time to Hire (within 7 Days) | Yes | No | Yes | No | No | No | No |
| High Retention Rate | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Notable Clients | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Top 1% Candidates | Yes | May be | May be | May be | Yes | May be | May be |
| Comprehensive Vetting Process | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| UK/US Working Experienced Candidates | Yes | May be | May be | May be | Yes | May be | May be |
| European/American Client Experience | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Client Success Services | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Flexible Contracts | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Dedicated Customer Success Manager | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Support and Management Services | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Tech Specialisation | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Leading Fortune 500 companies choose the right platforms for hiring offshore developers to protect their brand reputation. Their primary objective is to achieve cost-efficiency, access global talent, and ensure project scalability, all while maintaining high standards of quality. You can review many online offshore development case studies case studies showing the importance of choosing the right platform. If you also have a similar aim and want to explore how much an offshore developer hiring can cost, you can use a cost calculator from one of the seven platforms. So, let's choose which one would be your go-to platform.
Smart Working stands out for its unparalleled commitment to quality, cost-effectiveness, flexibility, scalability, and seamless integration into client operations. You can consider these platforms carefully to find the ideal partner for your development projects and propel your business forward in today's competitive landscape.
Oli R.
Co-Founder
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