The global expense and demand for IT services, especially the top offshore software development companies, is expected to rise to over one trillion U.S. dollars … The global expense and demand for IT services, especially the top offshore software development companies, is expected to rise to over one trillion U.S. dollars in 2021, according to a forecast from Statista. Today, an uninterrupted and powerful digital presence to keep up with the trend, competitors, and time has played a much more important role than ever. The question for business owners or corporate decision-makers in the 21st century changes from “Should I outsource?” to “How much should I outsource?“ This kind of situation has turned the competition between offshore software development companies into a cut-throat game, with main players coming from everywhere: India, Asia, Latin America, and Eastern Europe. CMC Global, to help you find the best partner, has selected several top offshore software development companies that can dominate the software outsourcing market in 2020. 1. What is Offshore Software Development? Generally, offshore software development means working with overseas agencies/ outsiders to develop software products. Therefore, many may think that “Software outsourcing” and “Offshore software development” can be used interchangeably. However, outsourcing is just a small part of the game. Read more here: Outsourcing: Definition and models The main benefits of this practice are the low production cost. Since most of such agencies are situated in countries with low operational costs, this gives clients the opportunity to optimize their business without investing too much in resources. Offshore software development services involve custom software development, web development, mobile application development, etc. They can be accounted for the whole project or just some specific features/ phases by taking into account different considerations in the product life cycle and other stages. 2. Top Offshore Software Development Companies Belitsoft Belitsoft is a company from Belarus with world-class software development services. The company has succeeded in over 100 projects with a rate of 50%+ clients’ return for another project/ extending their contract. Home to over 50 domain specialists, the company has left its footprint in various industries such as healthcare, e-learning, finance, telecommunications, etc. You can hire professionals who are experts in PHP, .NET, Java, and other technologies. These experts are the assets that enable the company to maintain its top position as one of the world’s most reliable offshore software solutions providers. DAXX Daxx is famous for IT outsourcing, a match-maker for businesses in need of hiring qualified, experienced software developers for long-term contracts. Their history of 300+ clients throughout 20 years is quite impressive. Daxx connects its customers with talented technology engineers. This is an optimal offshore software development solution for customers to both cut costs and improve their quality in comparison to investing in an in-house team. Daxx’s clients now have a wide range of choices, from a dedicated team to additional services, including quality assurance, IT relocation, security testing, DevOps, process consulting, etc. SoftServe SoftServe has a strong global presence with 50+ offices and 8,000 people on board in 11 countries. Their services range from quality assurance product engineering, project management, and business analysis. With more than 1000 successful projects from their 23 years of history, SoftServe has become a leader in delivering innovative digital solutions for businesses in several industries, for instance, healthcare, e-commerce, energy, oil, and gas. SDLC Infotech SDLC Infotech is a reliable name for overseas businesses in need of one-stop software development solutions. So what does SDLC Infotech provide? It provides custom software solutions to its usual customers looking for focused technological solutions for CRM, lead management, inventory management, and human resources management. You can find Java, PHP, .NET, Laravel, etc. experts here, they are the ones who keep track of the latest software solutions trends. In addition to outsourcing software development, SDLC Infotech is also an ideal choice for digital marketing solutions. They have a team of SEO experts, social media, and content professionals to run any requested email marketing and PPC campaigns. They also care for online reputation management, which accounts for a dependable image of a business. SDLC Infotech is known for its professional outlook, quick turnaround, and on-time delivery of projects. QBurst QBurst is a global company that provides full-cycle digital product services. Most of its clients are mid-market in industries such as education, healthcare, retail, and renewables. With more than 5,000 employees on board, their top services range from Cloud, Data, App Development, DevOps, Design, and Quality Assurance to Digital Marketing services. Intellias Another one coming from Ukraine is Intellias – a reputable offshore company to handle Being in this field for over 15 years, Intellias specializes in developing custom platforms to meet specific requirements from customers. They can execute briefs for devising cloud-based solutions, software development kits (SDKs), or integration solutions so that on-site and third-party applications can work in complete synchronization in a consolidated environment. You can expect a lot when it comes to Intellias: from end-to-end SaaS development solutions, web and mobile apps, APIs, and data storage, to cloud-based hosting. With numerous of native iOS and Android mobile applications crafted, the agency has proved its capability with the help of talented UI/ UX professionals who provide amazing user experience for the solution’s end-users. Existek Those looking for custom web application development solutions must know Existek well. They are teams of Ukrainian experts who know well about devising desktop software, mobile apps for all kinds of user environments, and even web applications. Years of experience in this industry give Existek a thorough and structured process to deal with and fulfill client needs. When a client is looking to outsource software development approaches, Existek will jump in and analyze what they want and the project requirements and outline a mock-up. After a legal contract to map the project clearly, they will start working. Existek is among the few agencies to provide custom software development services using both Agile and Waterfall methodologies, depending on the project’s nature. They also have experts in Java and .NET and the latest