How to Overcoming the Shortage of Software Engineers
The US has suffered a shortage of software engineers in recent years, exacerbated by both the pandemic as well as what's been coined 'the great resignation'. As a result, businesses looking to place software more centrally to their strategic goals are in a dilemma. How, in their race to digital-first success, can they harness the power of software without elite software development talent? In short, they can't. So, to tackle this growing problem they're in need of new ways to build and scale their tech teams.
To outsource or not to outsource... that is the question
Outsourcing is one of the ways that have traditionally helped businesses to add to their existing teams, or to build new ones. Essentially, they're a separate team of software engineers located in a cheaper destination that have been sourced, tested, and recruited by a third-party vendor. Sometimes these are called software houses. Aside from the obvious cost benefits of salary and premises prices, the day-to-day running of the team is handled by someone else. But, this can lead to a loss of control over the development of products and services. It's not their team, and any upskilling and expertise is established outside of the organisation. Should that partnership come to an end for whatever reason, they've lost that capability. It's certainly a viable alternative to local hiring during a shortage of software engineers , but as highlighted, it comes with downsides.
Source:https://articles.abilogic.com/579101/overcoming-shortage-software-engineers.html
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