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Best Countries to Hire Developers From in 2023
Amidst talent shortages in tech , and the recession pushing people to seek new ways to work and hustle, many businesses are now resorting to hiring software developers through a business partnership. Because of a steady supply of software engineers and developers globally, businesses now have a mix of quality and affordability to choose from. Generally, remote development teams are often considerably less expensive than hiring local, in-office personnel. Sending work abroad can enable certain businesses to save up to 80% of their costs or more.
However, this may sometimes have you compromising on quality. So, is it a good idea to hire remote teams? Should you outsource your software development? The answer simply lies in who you hire from. Nowadays, catalyzed by the COVID-19 pandemic, the old model of outsourcing has been replaced by the idea of distributed teams . The woes of business owners associated with outsourcing software development purely on the basis of cost are addressed by these teams and the concept of team augmentation.
According to , spending on IT is expected to increase by 5.1% in 2023. With the expected to continue on for another few months, and competition in the tech sector expected to heat up, it will be no surprise if we see disequilibrium in labor markets again.