Offshoring software development is a hot trend in IT management, especially in countries where costs and competition for talent are high. Offshore software development benefits are enormous — enough to cut your budget in half and double your development speed, as a start. Companies from major multi-nationals to the sma llest startups are waking up to the promise of offshoring. They’re contracting with consulting firms in countries such as Ukraine, where a rich ecosystem of English speaking, highly educated developers are available for a fraction of the hourly rates they’d pay in US, or Western Europe.

The benefits of hiring an offshore software development company are many.

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