Gartner suggested that the automation market will proliferate at double-digit rates through 2024, with a growth rate of 19.5 percent in 2021. However, the job market in the United States cannot keep up. This triggers weak stability in automation and delays for organizations that want to apply an in-house system.
Introduction
Creating expert RPA talent takes a lot of time that companies do not have. They scramble to guarantee resiliency after the COVID-19. In the absence of a short-term solution in sight, more than 60% of the companies have started using dedicated RPA 3rd party partners. This makes them realize the critical requirement for skills they don’t possess to create profitable automation initiatives.
At this time scaling automation is a unicorn. Software development nearshore with an established center of excellence (CoE) provides invaluable guidance and expertise without the cost and headache of the US teams.
Keeping this scenario under consideration, we are presenting to you three main benefits of software development nearshore.
Access To A Diverse Pool of High-Tech Talent Experts
The labor shortage is the most common issue encountered by the US-based companies these days. Therefore, finding suitable talent is extremely important. Software development nearshore solves this major problem encountered by companies. This allows you to boost your professional career by being a big part of a US-based company.
The majority of the positions in US labor pools are not at all attractive. In some cases, they are time-consuming and repetitive tasks. However, for professionals in these countries, these positions assist them to excel and grow in their career paths. It enhances their English proficiency and learn more about the work culture in the US. This ultimately converts them into competitive and well-rounded professionals.
Cost Reductions
This is one of the most significant benefits of nearshoring and one of the important reasons why organizations actively look for software development nearshore. According to Deloitte, 70% of the companies state cost deduction as the main reason to outsource.
Nearshoring back office and other unwanted expert positions in the US permit companies to optimize costs and leave the abrasion system. The main reason is that talent in these places is very economical. Whereas, in some places, wages are very high. As a result, employing experts in countries where workers are inexpensive. It permits a significant cost reduction.
As per Harvard Business Review, you can save costs between 20% to 30% by outsourcing non-center business processes like lead generation, recruitment, payrolls, payments, and billing. This is only through outsourcing back-office positions. In addition, organizations can save more when nearshoring in departments such as marketing, software development, and other expert functions.
Streamlined Workflows That Drive Higher Collaboration and Agility
Close collaboration between the RPA CoE and the business is important for a successful automation journey. This drives close collaboration and faster innovation cost-effectively. However, the faraway time zones of Asian-based outsourcing frameworks can delay vendor performance and communication.
As mentioned above, nearshoring considers regions that are close to its parent organization in the United States. Thus, time zones are the same. An optimum difference of one or two hours is less of a problem than 8, 10, or 12.
Being in similar time zones means you will be able to communicate effectively with your nearshore team. Tasks that you consider crucial can be resolved during your same work shift. It boosts overall productivity and efficiency.
Conclusion
According to Gartner, 75% of companies will experience visible business interruptions because of IT skill gaps. Partnering with a special RPA software development nearshore is a proven technique to overcome the difficulties of the US talent scarcity.
By working with well-reputed nearshore teams, automation can exceed set business expectations. This speeds up deployment and cost optimization. This is becoming more attuned to customer desires and requirements than ever before.
Frequently Asked Questions (FAQs)
What is meant by Robotic Process Automation?
RPA or robotic process automation is what we refer to when we talk about the whole automation laws of intelligent automation technologies for some human repetitive office tasks data extraction, forms filling, moving files, and so on.
What is meant by software development nearshore?
Nearshore is an outsourcing mode, where your custom software development needs are met through distributed teams located along with you in the same continent or within the same or very similar time zones.
