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Use this Software Developer Hourly Rate calculator to identify the potential monthly cost range of your Software Outsourcing Team. Agicent can Build, Operate, and Transfer a solid team of Remote Outsource Software Developers (Web, Mobile, Front/Backend, Full stack, Cloud), and UI/UX Designers for multiple industry verticals. Find out Cost of hiring Tyrano Software Outsourcing Company and build your own offshore Software Team.
The demand for skilled remote software developers has surged dramatically during and post-pandemic times. Reports indicate that by 2027, the software market is expected to reach $17.79 billion, growing at a rate of 10.85% YoY. This growth is primarily driven by the increasing volume of B2C software applications in use today, a trend that is expected to continue.
As a result, the need for quality software developers will remain high. Since no single country can fulfill the global demand for software development, building a highly capable remote software development team will be more valuable than ever over the next decade. India, in particular, will continue to be a top destination for hiring high-quality remote software developers.
Factors Affecting the Cost of Remote Developers
1. Technology Skill Set
The cost of hiring remote developers is significantly influenced by their technical expertise. Developers proficient in cutting-edge technologies like React.js, Vue.js, and Redux tend to be more expensive compared to those working with legacy or less in-demand technologies such as PHP or Laravel.
2. Years of Experience
Experience level is another crucial factor in determining developer costs. The more years of experience a developer has, the higher their compensation. At Agicent, we categorize experience levels as follows:
Senior Remote Developer: 5+ years of experience
Mid-Level Remote Developer: 2-4 years of experience
Skilled Remote Developer: 1-2 years of experience
If you haven’t already, we recommend using our Offshore Remote Developers Cost Calculator to get a reliable cost estimate. For further clarification, feel free to reach out to us at info@tyranosoftwares.com.
We believe in transparency and flexibility. Here are some of the general terms we propose when clients hire one or more software developers from us:
Developers will work a minimum of 160 hours per month (40 hours per week). If required, they can extend their work hours up to 176 hours.
Offshore developers typically work until 12:00 Noon Eastern Time Zone (USA), ensuring ample overlap time. If more overlap is required, we can adjust their work hours accordingly. For larger projects, we can provide developers who align fully with your time zone.
Developers can report directly to clients. If needed, a supervisor can be introduced for better coordination.
Commercial Terms for Hiring Offshore Remote Developers
40% of the total monthly fee per developer is due within the first week of work commencement.
The remaining 60% is payable upon months completion, continuing cyclically.
Payments can be made via Bank Wire Transfer, Payoneer, or other secure online payment methods.
1. Requirement Capturing (Business Analyst Involvement)
A dedicated Project Manager or Business Analyst will work with you to gather requirements and convert them into meaningful specifications for developers and designers.
2. Execution Phase
Designers will transform specifications into UI/UX design screens.
Developers (iOS, Android, Backend) will execute the required tasks based on project specifications.
3. Interim Release & Testing
After completing each task or weekly sprint, the Project Coordinator or Business Analyst will provide an interim build for your review.
Before releasing the build, our QA testers will conduct thorough testing to ensure quality and performance.
By following this structured approach, we ensure efficient collaboration, high-quality development, and seamless project execution. For any inquiries or to discuss your project needs, feel free to contact us at info@tyranosoftwares.com.