There’s a Software Development Talent Shortage in the USA
Outsourced software products may be the answer to your stuck projects.
Despite the number of skilled developers in the United States, there is still a talent supply shortage for the development of software products. This is because of the rising number of companies requiring software development work. You are not alone in the trajectory of upgrading your business models and digital presence, especially with the current demand for online services.
The first port of call for businesses is to start an in-house software development team. While it may seem easy in theory, the reality of finding the right talent and hiring the right team mix can cost you more than the actual task of software development.
According to DQYDJ, there are approximately 3.4 million software developers in the United States. While the number may appear sizable, you also need to take into account the large diversity in technology stacks, specializations available, and the multiple layers involved in a software product.
This number is spread approximately evenly around the fifty states — putting the numbers at around 2% of the 3.4 million per state. This gives an approximate pool of 68,000 software developers per state. This figure is further reduced when you take into consideration your business needs, experience required, and soft skills that are additional to a software developer’s core technical skills. By the time you post your job opening and applications roll in, the creme de la creme of software development talent has already been hired by someone else.
According to the U.S Bureau of Labor Statistics, the projected industry demand growth rate between 2018–2028 is 21%. This is significantly higher than the average demand growth rate for other occupations which sits at around the 5% mark.
There’s a severe tech talent shortage in the United States and everyone is fighting over the best talent through perks and wages. This can set businesses back a significant amount, with the potential to blow up budgets. Outsourcing software development then becomes the alternative option towards the talent shortage and high-cost issue.
This is where SRG comes in.
Specialists in Outsourced Software Products
Outsourcing the development of your software products doesn’t appear difficult. In theory, you just need to find a company or set of developers that are located offshore and everything should somehow get delivered on budget and on time with a high level of robustness and stability.
However, the process is much more complex. For example, there are a lot of ultra-cheap software developers and software development companies that are offshore and promise to work remotely. However, cheap developers and teams often deliver software products to match the price paid without partnering with you to ensure a successful MVP release.
At SRG we’re different. Yes, we are still price-competitive, but companies trust our quality and ability to deliver software products. We partner with you to understand your domain and your requirements, as well as align with your longer term business strategy and milestones. Also, our history and experience started in the healthcare industry which is a space where the stability of systems, dependability, and accuracy are critical.
We Work Remotely
Our developers are physically based in Portugal but have been working remotely for decades.
The difference between us and other software companies is that we’ve been offshore from the start, meaning that our software product development talent is already pre-screened, curated, established, and are accustomed to working together.
As a company, SRG started out in Minneapolis back in 2000. In 2012, we began to source near-shore developers in order to increase and maintain the quality of our software product developers. That’s how we eventually ended up in Portugal, where we embarked on a mission to create systems and find talent that allows us to deliver world-class offshore software development.
Our team has since grown to over 70 people with talent that encompasses all layers required for good and robust software products. Our members are both domestically based in the U.S. and are integrated with our European teams - making us perfectly positioned to deliver software products at top standards. We have years of experience in building new software products and apps, in addition to rescuing struggling projects.
We are consistent in quality and deliverables, and our two decades of software development experience and the number of high-quality software developers attached to us are a testament to this.
If you’re looking to develop a software product, app, or upgrade your systems, talk to us today and find out how we can help you get things moving.
Co-authored by:
Dave Wesley ~ President, SRG
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Aphinya Dechalert ~ Marketing Communications, SRG
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