How To Overcome Talent Shortage With Outsourcing?

Talent shortage can leave your company behind your competitors and potential. Globally, the number of employees with the skills needed is not growing at the same pace as demand, and companies are finding it harder to access a better workforce. However, you can strengthen your team by outsourcing to overcome the talent shortage in your company.

Outsource software development is more common in software, although it appears in different areas. According to the latest statistics from Statista, IT/software workers make up 60% of the global outsourcing market.

Why is there a talent shortage?

It is not feasible to dig the reason for the lack of talent in one place. In order to eliminate the shortage, it is necessary to take the subject from a broad framework and to understand the reasons well.

Increasing competitive environment

As of 2020, the U.S. Bureau of Labor Statistics has predicted more than 1 million job openings in STEM-related fields alone. While the demand in STEM fields is constantly increasing, the number of competent people in these fields is still not enough.

With the rising demand, companies are competing with each other to hire good software developers. One of the most important reasons for the talent shortage is the difficulty in hiring or retaining software developers whose expectations from employers increase in the competitive environment.

Transformation in the working models

The decline in the number of full-time workers with COVID-19 is another reason. People want to work without endangering their health. The opportunities offered for this keep them away from the idea of ​​working from the office.

Many people who have experienced working from home no longer want to return to their offices. Employees, who can be involved in projects in different countries with the remote working model, experience more professional and financial satisfaction. Therefore, remote work and outsource software development are becoming popular.

Generational differences

The new generation has a very different work and lifestyle compared to previous generations. It is not easy to convince young software developers to stay in an office 8 hours a day and perform certain tasks.

The younger generation wants to work in projects where they can contribute more with their creative ideas and in flexible conditions. That’s why you need to find ways to engage them in your project.

How to address the talent shortage

Employers need to offer high salaries and flexible working options to avoid talent shortages. However, this is not a financially sustainable solution for all companies.

For this reason, outsourcing is one of the most preferred methods to prevent talent shortages. Outsource developers can work as a team when necessary and perform all the steps required by the projects.

Why should you outsource your tech jobs?

According to International Data Corporation (IDC), information technology (IT) was one of the largest industries with a market capitalization of $5 trillion in 2020. On the other hand, technology is one of the areas that lack talent and also uses outsourcing the most.

The process of hiring a new employee in the technology field means high costs and slowing the workflow. Clutch’s research shows that 24% of small businesses outsourcing aim to increase productivity with it. Here is why: investing in hard-to-retain employees puts your long- and short-term goals at risk.

According to Deloitte’s report, most outsourcing companies choose this route because it reduces costs. Thus, your chances of recruiting competent people in their fields to your team at a much more affordable cost, regardless of which country they are in, increase. These people, whom you charge on an hourly or project basis, only get paid for the service you receive.

Consider outsourcing as a viable option for your company’s talent needs

Offshore software development means cooperating with business partners that will truly transform yourr business. Raise your goals with outsource developers who transform the way you do business, add value and enable you to benefit from the latest technology. By creating teams focused on different talents for different projects, you can realize your projects much faster and more successfully.

Build a sourcing plan

After you decide to use tech outsourcing to strengthen your business processes, it is useful to plan your steps to choose your business partner to work with.

Identify the talents you need.

First of all, take the time to identify your team’s weaknesses. What talents exactly do you need?

You may need

  • outsource developers to support you in certain languages,
  • software development consultancy to keep you up to date on the technologies you use,
  • a team to manage and complete the process from start to finish.

Especially internet and mobile applications, big data solutions, business intelligence, GDPR, e-commerce solutions, cloud-enabled solutions can be completed with outsourcing support.

Set your expectations.

Determine exactly what you expect from the third parties that will support your team from outside. Explain your goals and way of working thoroughly at the interview.

Give the job description, give detailed information about the project they will be involved in. If you have a set workflow and deadlines, talk about them. Get their ideas. Ask them to evaluate whether they can complete all of these tasks.

Review the candidates.

Along with the increasing demand, incompetent people and teams in the field emerge. Start by asking the right questions to make sure the outsourcer you can deliver your software project to is truly the talent you’re looking for. Ask about their areas of expertise, the technologies they use, and the projects they have completed so far.

Your outsource developer needs to take precautions regarding data privacy and security. Find out how they handle it. Especially for providers who live in a different country, determine how you will pay and their working hours before you start working together.

Conclusion

With digital transformation becoming inevitable for companies, the demand for outsource software development is increasing. Outsourcing developers is the most practical, reliable, and cost-effective solution for new entrepreneurs. You can contact us for more information about outsourcing.

Remote Working Has Increased Data Security Needs

18% of people worldwide work remotely full time. However, 54% of IT professionals think remote workers pose a greater data security risk. That’s why companies from different sectors around the world need to develop data protection strategies.

The data security risk increases with the number of remote workers and causes a severe challenge to the advantages of working from home. A large amount of digitalized data becomes vulnerable to threats, making companies uneasy.

The good news is: it is possible to overcome this problem with constantly developing technology and proactive approaches. The importance of data protection comes along with effective ways of protection.

Why does remote working cause data threats?

In offices where everyone was together, there was less digitized data. Companies stored the digital data in central storage. The malware had to target this storage to access the data.

Today, your employees who work from the home record all processes, including meetings, as digital data. In addition, all company data is constantly traveling between the devices and networks of employees worldwide. This incessant traffic makes data more vulnerable to threats.

Your employees who are not good with tech may be lacking the necessary precautions for secure data sharing. Unknowingly, they can endanger your company with security vulnerabilities. When they share data using the public internet in homes, cafes, or co-working spaces, your company becomes much more vulnerable to cybercrime.

Cloud-based systems, which are great for remote working, especially due to easy storage and sharing, are at the target of hackers. As soon as a piece of information circulates on the Internet, it comes under the threat of cybercrime.

Why do companies need to stay vigilant against data security threats?

Companies working remotely need to take precautions regarding data security with methods such as multi-factor authentication and data encryption. Your documents, emails, instant messages, and third-party services you store in the cloud are mostly confidential. Unwanted access to this information can put your strategies at risk and undermine your company’s credibility.

On the other hand, it is your legal responsibility to protect the personal data of parties, such as customers and employees, who trust your company and share their information with you. Access to this information by unauthorized persons will put you in a legally challenging position. For this reason, data security is not only a choice but also a legal issue.

Emerging technology offers systems and tools that increase the advantages of working remotely and empower cybercriminals. Data breaches cost companies up to millions of dollars each year, depending on the company’s size. Data breach costs reached $4.24 million in 2021, the highest average total cost in 17 years.

For all these reasons, your company needs to take maximum precautions by investing in tools and third-party services within the scope of data protection.

The data security measures remote workers can take

It helps to train your employees on how to take precautions against cyber threats. Well, first, you will need to know the basic data security measures your remote team can take.

Use antivirus and internet security software

The first thing first: invest in an antivirus program. Antivirus packages automatically protect you against many cyber threats.

For this, these packages take the following precautions:

  • Automatic or optional scanning for malware detection,
  • Removal of all detected malware and code,
  • Verification of the security of your computer and other devices.

These programs can perform all data protection processes in the background or notify the user and request permission. Therefore, inform your remote team about this program to ensure that you effectively use your investment.

Secure home internet

Increasing the security of the home internet empowers your remote workers against cybercrime. Have your employees create a strong password instead of the one provided by the internet provider. Make sure they set a password that’s not easy to guess.

Remind them not to choose a network name that is easy to identify the owner of the Internet connection—using information such as an address, name, company name as network name makes them easy targets. In addition, increase security by changing settings and software updates so that only verified devices can connect to the network.

If they don’t know how to do these things, take the time to help them.

Pay attention to the security of tools such as Zoom, Google Drive

Your remote workers need different tools to communicate with other employees, customers, and business partners. You can provide training on how to use these tools more safely.

When Zoom became popular, many companies had difficulties due to misuse. Similar situations were experienced for different digital tools. For example, when your employees organize a meeting, they should be sure they share the links with whom. Setting a session-specific password further enhances security.

Google Drive is another remote work tool frequently preferred by companies to share files. Again, you can ask employees to be mindful of which email address they create. In addition, they need to be sure with whom each file or document is shared and which permissions are given.

Get data security service

With numerous data protection tools, you can strengthen your company’s security to a certain extent. However, the technology used for cybercrime is constantly evolving. Data security service companies support you in designing, implementing, and overseeing data delivery for remote teams.

You can concretely evaluate how vulnerable your critical data is to risk with data security services. Instead of hypothetical measures, you can identify and effectively implement a data protection strategy with proactive steps.

This service enables you to constantly analyze your system against cybercrime so that you can take precautions without experiencing a data breach. Moreover, you can have experts in the battle against cybercrime train your managers and remote teams.

Conclusion 

Data security is a critical issue for everyone, not just a specific industry. Take the necessary steps to protect your company’s reputation and legally secure yourself while enjoying the many benefits of remote working. Contact us to learn more about how you can stay safe in the digital age.