How to reduce IT overheads in your company

In today’s world, technology is an integral part of any business. Whether you are in healthcare, retail, finance, or any other industry, you will only be able to make your business profitable with cutting-edge technology.

Even though technology significantly increases revenue, it also requires investment. In order to help you lower your IT overheads and get a better understanding of the challenges companies face, we asked CTOs and tech directors from the hottest scale-ups about their IT challenges. Check it out!

What’s holding businesses back from getting the most out of their software solutions?

A whopping 75% of CTOs in our study say that IT’s ongoing costs are their biggest challenge. In addition to the expensive rates for IT professionals, it is extremely difficult to find talented and experienced IT professionals. Therefore, the two biggest challenges besides finding good talent are reducing development and platform maintenance costs.

How could these costs be significantly reduced?

One way to reduce IT overheads that many companies use is to outsource IT services. It can be very beneficial and profitable to choose remote instead of in-house IT teams.

Since working with external professionals gives you the opportunity to work with global talent that can help you build business authority and stand out in the market, this solves the first problem – finding IT talent. Using external experts gives you a wide range of knowledge, creativity, and new practices.

For example, suppose you have a platform that needs to be up and running and maintained all the time. In that case, an outsourcing company, such as Valcon, can provide you with the best IT team as a service, which is a more flexible and affordable option than hiring an in-house developer to manage your platforms.

Working with Remote Developers Offers Many Other Benefits:

Builds infrastructure

Building an in-house infrastructure can take months or even years, especially if you do it yourself. On the other hand, if you partner up with outsourced teams, they already have infrastructure and experts in place, so they can get started in a matter of days.

Talented experts from around the world 

You get hassle-free access to a global workforce, meaning you have the opportunity to work with and choose from a pool of talent from all over the world.

Higher productivity

Remote workers are relatively more productive compared to location-based workers, as they have the opportunity to organise their own work and take on more responsibility.

New ideas and fresh energy

Remote workers are used to being exposed to multidimensional influences, which paves the way for new ideas to emerge.

Scalability and flexibility

When it comes to new business projects, building an in-house team is sometimes inefficient. It can leave your employees overworked, affecting the quality of their deliverables, or redundant because there are not enough tasks for them. By outsourcing certain IT tasks, you can scale the tasks you want your remote team to complete in near real-time.

Cost efficiency

Working with a remote team can be a very affordable solution for companies in economically developed countries, as it is very expensive to hire or even find qualified employees due to the shortage of skilled workers. Apart from lower salaries, nearshoring teams do not incur any costs for premises, equipment, or personnel, as all this is covered by the nearshoring provider.

Conclusion

There are limited ways a company can reduce its IT overheads because technology is an essential part of the modern business world. But working with software development companies that have valuable experience and knowledge in remote work is one of the ways to combat this issue. Valcon has remote teams all over Europe and offers you the possibility to hire different types of experts for different projects. Partnering with Valcon gives you full flexibility so that your team can be easily scaled up or down depending on your needs.

Want to learn more? If you would like to learn more about how Valcon can help you improve your business through outsourced IT services, please email [email protected] and we’ll be in touch right away. 

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