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Are you ready to take control of your software development process? Dedicated development teams offer the freedom and flexibility to do just that.
With access to highly skilled talent, improved time-to-market, cost savings, increased productivity – these are only some of the benefits of hiring a dedicated team.
Discover the advantages and disadvantages, costs involved, and step-by-step guide on building your own dedicated team today.
Key Takeaways
- Hiring a dedicated development team allows for close collaboration and extension of the company, leading to better development results and faster response to project changes.
- Dedicated development teams offer cost and time savings for startups and existing businesses, as well as improved time-to-market for software products.
- Access to highly effective expertise and the ability to find specialists with specific skills contribute to the quality of code and professional knowledge on board.
- The process of hiring a dedicated development team involves considering qualifications, talent skills, and team size, and offers the flexibility to adjust team size and timing based on project requirements.
What is a Dedicated Development Team?
A Dedicated Development Team is a cost-effective solution for businesses looking to stay up to date with new technologies. This model of collaboration combines affordability, skill sourcing, and commitment to deliver quality results without compromising control.
With a Dedicated Development Team, you can choose to source talent from anywhere in the world, allowing you to assemble the perfect software development team for your project.
ou also get exclusive focus on individual projects, enabling you to focus on other tasks.
And, you retain full control over product implementation while enjoying cost-effective savings.
Few perks of a Dedicated Development Team include:
- Reduced expenses related to hiring, training, and onboarding
- Ready-to-go teams that save time and money
- Increased flexibility in the working process
- Pay scale that can be adjusted based on needs
Who is in a Dedicated Team?
You can assemble a team perfectly suited to the project with roles and positions such as
- Project Manager
- Business Analyst
- UI/UX Designers
- Software Developers
- QA Specialists
- DevOps Experts
Hiring a dedicated development team offers many advantages:
- Freedom to choose the best talent for the job
- Cost savings without sacrificing quality
- Ability to tailor teams to specific projects
- Access to top-notch specialists from anywhere in the world
- Flexibility and agility for quick results.
With a dedicated software development team, you’ll have access to an experienced group of professionals committed exclusively to your project and working together towards success.
Why You Should Consider Hiring a Dedicated Development Team?
Considering a dedicated team for your project can help save time and money while also ensuring quality results.
A web development team specializing in software development is an efficient way to get projects done faster with less overhead costs, as opposed to hiring an in-house developer.
The dedicated software model allows businesses to access a wide range of talent, from anywhere in the world, without having to invest in office space or specific resources.
This flexible solution offers expertise tailored for any project and industry needs, allowing you to control the timeline and budget of your project.
With lower costs and better control over the process, you can reap all the benefits of a dedicated development team model while avoiding potential legal disputes and misunderstandings that may arise when working with an external vendor.
What Are the Main Benefits of Hiring Dedicated Development Teams?
Hiring a dedicated team offers numerous advantages, from cost savings to quality results. You can access global talent and benefit from cost-effectiveness, agility, and quick turnaround time, complete control and reliable support, as well as a full stack of services and quality infrastructure.
With a dedicated team, you get cost savings without compromising on expertise, a nimble approach that enables efficient new releases or tech migrations, access to the best resources without elaborate investments, and more!
To better understand the advantages of hiring a dedicated team, let’s take a closer look at some of the benefits it offers:
- Cost Savings: By hiring a dedicated team, you can save on costs without compromising on quality and expertise. You can access a global pool of skilled professionals for a fraction of the cost invested in a local team.
- Agility: With a dedicated team, you can quickly respond to changes and new market requirements. You can deploy updates and make technology migrations quickly and efficiently.
- Complete Control: You have complete control over the team and its processes, allowing you to customize your service delivery and get the best results for your project.
- Reliable Support: You will get reliable support from a dedicated team, allowing you to have peace of mind that your project is in safe hands.
- Full Stack of Services: A dedicated team can provide a wide range of services, such as software development, mobile app development, web development, QA testing, and more.
- Quality Infrastructure: With a dedicated team, you can benefit from quality infrastructure, such as the latest tools and technologies, access to the latest market trends, and more.
To read more about the Dedicated Team Model and its pros and cons, check out the Altigee Magazine.
Dedicated Development Team vs Fixed Price Model
When weighing up the options, it’s important to consider the differences between the Dedicated Team Model and Fixed Price Model in terms of cost, flexibility, control, and scope.
The Fixed Price Model requires a fixed budget and offers minimal chance of error when project requirements are clearly defined. On the other hand, the Time and Materials model is suitable for ongoing projects with dynamic changes as well as granular monitoring.
To make an informed decision, take a look at the table below for a side-by-side comparison of the two models:
| Feature | Dedicated Team Model | Fixed Price Model |
|---|---|---|
| Cost | Lower upfront costs; no hidden hiring costs | Fixed budget required |
| Flexibility | Highly adaptable; last-minute changes allowed | No last minute changes allowed |
| Control | Client supervision required; maintain full control over project | Minimal client supervision required |
| Scope | Extensive discussions & meetings before starting project | Project requirements must be specified beforehand |
To learn more about the differences between the Dedicated Team Model, Fixed Price Model, and Time and Materials Model, read this article from Procoders’ blog.
Dedicated Team vs Time & Material Model
Choosing the right engagement model for your project depends on various factors such as risk, complexity, and budget. To help you make the right decision, here are the two most popular models:
Dedicated Team Model
The Dedicated Team Model eliminates the flaws of other models and can be adapted to meet your long-term goals. It also saves you time and money in recruitment costs, as the vendor takes care of finding professionals that fit your team’s needs.
Time & Material Model
If you need a more flexible and dynamic model with the ability to make constant modifications, the Time & Material Model is ideal. This model provides granular monitoring of the project and more control over the product for clients.
However, bear in mind that it has a lower budget control than the Fixed Price Model, so last-minute changes can cause delays in completion.
Signs That You Should Hire a Dedicated Development Team
If you need to take your development process to the next level, reduce costs, and work with a dedicated team, hiring one could be the right fit.
Dedicated teams are perfect for complex projects or startups that require precision and dynamism. With this model, you’ll retain full control over the project while selecting a team based on their skills.
You can even add more members if needed! And no extra costs – just pay for labor and expertise. Plus, you get agility and flexibility that traditional in-house teams can’t offer.
So, if these benefits sound appealing to you, it’s time to consider hiring a dedicated development team! Here are few advantages of hiring a dedicated development team:
- You get a dedicated team of experts that can work on your project with precision.
- You can choose a team based on their skills, rather than settling for what’s available in-house.
- You can adjust the team size as needed, based on project complexity.
- You get agility and flexibility – no need to hire or fire employees every time the project scope changes.
- You only pay for labor and expertise – no extra costs.
If you’re looking to level up your development process, reduce costs, and work with a dedicated team, hiring one could be the right fit.
Signs That You Should NOT Use the Dedicated Team Model
It’s important to understand that the dedicated team model may not be the right fit for every situation. If you’re not looking for precision, agility, or flexibility, it may be best to look for other options.
Here are some signs that you should not use the dedicated team model:
Budget: If your budget doesn’t allow for long-term hiring and projects are short-term only, then this isn’t a good option.
IT Department: If you already have an IT department that can handle your project needs, it’s probably best to stick with them.
Quick Results: If you need quick results without detailed planning or coordination then this model won’t help you reach those goals as quickly as desired.
How Much Does Hiring a Dedicated Development Team Cost?
Hiring a dedicated team of professionals can cost anywhere between $5000 and $25,000 per month, depending on the number of specialists and additional roles needed.
Companies can benefit from outsourcing development teams, as they can provide more affordable services due to their access to larger talent pools.
Other costs such as office space hiring, onboarding expenses, and legal fees are eliminated with dedicated teams.
Freelance developers charge around $50-$300 an hour while software development companies may charge up to $500k for a project. In-house employees require higher salaries and benefits which could total up to $200k yearly.
The cost of hiring a dedicated development team can vary depending on the size and scope of the project. It is important to compare rates and services offered by different vendors to ensure you get the best value for your money.
| Cost | Benefits |
|---|---|
| Software Development Company | Up to $500K per project |
| Freelance Developers | Around $50 -$300/hr |
| In-house Employees | Up to $200K/yr |
How to Build Your Own Dedicated Development Team: A Step-by-Step Guide
Building a dedicated development team requires careful planning and research. To make the process easy and enjoyable, here are few tips that you should consider:
Requirements: Consider the requirements for the project that you want to build and decide the tech stack that you will need to use.
Interview Candidates: Identify and interview the candidates with the right technology expertise and cultural fit.
Team Members: Create a team of members that will help you achieve success.
Processes and Regular Communication: Set up processes and regular communication to ensure smooth workflow.
Eastern Europe and LATAM Countries: Eastern Europe and LATAM countries, such as Mexico, offer nearshore options with affordable rates compared to North America.
In-House or Dedicated: It depends on the project’s needs, but for cost-effectiveness and agility, dedicated teams are hard to beat.
Inspiration: Get inspired by looking into nCube’s Flightright example. They have 15 years’ experience in this field.
Frequently Asked Questions
How Do Dedicated Teams Work With Existing In-House Teams?
A dedicated team collaborates with an in-house team to create a powerful, unified force. The two teams work together, leveraging each other’s strengths and skills to build better products faster. By joining forces, you get the best of both worlds: speed and quality.
What Is the Difference Between a Dedicated Team and an Outsourced Team?
A dedicated team works exclusively and collaboratively for your project, while an outsourced team is managed by a vendor. You maintain control with the former, but not with the latter.
What Is the Best Way to Manage a Dedicated Development Team?
Manage a dedicated development team by setting clear expectations, establishing transparent communication, and adjusting resources as needed. Stay organized and informed to ensure success.
How Can I Ensure I Hire the Right Team for My Project?
Consider your project’s needs, research potential developers and their qualifications, and choose a team that best fits your requirements. Ensure transparent communication and processes to foster better collaboration.
What Should Be Included in a Contract When Hiring a Dedicated Development Team?
When hiring a dedicated development team, ensure your contract includes both parties’ responsibilities, legal protections such as an NDA, and clear terms for financial retribution.
Conclusion
Are you considering hiring a dedicated development team? This model offers many advantages such as cost savings, increased productivity, improved time-to-market, and access to highly skilled talent.
For example, one company saved over $1 million annually by moving from an in-house team to a dedicated team.
Ultimately, the decision to hire a dedicated development team is up to you but it can be beneficial for your business if done correctly.