The outbreak of the Covid-19 pandemic has caused a massive hit in the functioning of business across the world. Irrespective of any natural disasters, the impact of this pandemic is not localized to some regions, and it will not resume its normal at ease. Pandemic has global level consequences, and it isn’t easy to handle for any booming industry sector. All developed and developing countries start facing an enormous economic crisis.
Many companies have considered various alternative strategies to continue their business as before. Some have temporarily closed and waiting for the normalcy. But the new normal need much more planning than expected to get the company going. It is not easy to resume business with in-house resources when a pandemic is hit, and the life of the employees are in jeopardy.
Experiencing a pandemic crisis can be a once in a lifetime occurrence. Repercussions of such turmoil are hard to accept and foresee. It will not be an easy task for any business to be equipped with a perfect business continuity plan.
In the scenario of a pandemic, getting help or hiring in-house engineers seems extremely hard. Relying only upon in-house resources can completely disrupt the output of the business. Consequently, the company will face a significant financial crisis which will lead to high job cuts.
The best mitigation plan would be a remote offshore set up in the least affected country or given to a company where the employees can deliver equal productivity from home. This is a much cost-effective and controlled plan for a pandemic. Usually offshore development services are acquired from countries like Bangladesh, India, Indonesia, and China. The development cost in these countries is much lower when compared to other countries.
There are multiple factors to be taken into account while you set up a remote offshore development center:
There are many advantages to the offshore development center. In that a few are listed below:
In this age of unpredictability, the offshore model always comes as a helping hand for the IT industry. The global contribution and support of a project have always helped for the top- class results. With the help of collaborative platforms and virtual portals, the communication and sharing of data made much easier for the teams across the globe.
Offshore development set up is always the best choice for a cost-effective and profitable business model at the time of the pandemic.