What Is ODC In BPO? – Offshore Development Company & Tips To Set Up

The international outsourcing market has increased dramatically in recent years. One of the most important factors is the setting up of many offshore development company (ODC) in business process outsourcing (BPO). 

These centers have proven to be a viable investment when it comes to digital transformation. This practice brings businesses many benefits, including simplified taxation, lower costs, and access to potential talents. So what is ODC in BPO? Let’s figure it out in this article.

1. What Is An Offshore Development Company? 

The ODC or offshore development company refers to a physical space or office dedicated to meeting a company’s software requirements. Firms can build a dedicated offshore office anywhere all over the world. However, businesses tend to choose a nation with a lower cost of living compared to the native countries to save money. 

The ODC is an effective business model suitable for both big IT firms and startups. It contributes to the global extension of the conventional IT team in your organization. The IT outsourcing partner can enhance the product development cycle, saving a lot of time so you can concentrate on your company’s core functions. 

2. Tips For Setting Up A Good Offshore Technology Team In Vietnam

Together with many other nations on the globe, Vietnam is accelerating on its way to being among the best destinations for ODC. With many experienced IT engineers and low-cost labor, Vietnam can be an appealing country to set up an ODC in BPO or business process outsourcing. Here are some tips that are useful for you.

2.1 Renting Freelancers 

Hiring freelancers can be a budget-friendly choice. In Vietnam, many freelance developers might be helpful and suitable to take on your projects. You can get access to millions of developers’ profiles and pick out the best ones to cooperate with, and create a tech team from scratch. 

Yet, this practice can be quite challenging as it wastes a lot of time, and freelancers cannot handle all development phases due to non-versatile skills. It is more appropriate for short-term duties.

Figure 1. Renting suitable freelancers for your project

2.2 Getting A Consult From IT Recruitment Companies 

Another option for you is to work with HR companies in the country. Among thousands of employees’ contacts, they will know who would suit a business’s technical staff. It’s a rapid way to build a talented tech team throughout the nation. Below are the basic steps that you can follow. 

• The first stage is to contact and share with local IT recruitment firms your hiring demands, including all the requirements for ideal techs along with the applicant’s skill set.
• Then, discuss and accept the frame as well as expenditure of commitment’s guarantee.
• Now, wait for the applicants’ resumes sent for the recruiters and prepare for the upcoming interviews.
• The following step is picking your perfect, excellent developers.
• Businesses will have to wait until all the appropriate employees have signed the contract or deal with paperwork issues to start the campaign.

Figure 2. Consult an IT recruitment firm

2.3 Operating With Software  Companies In Vietnam

This can be great for you as a traditional way of setting up a tech team in Vietnam. Cooperating with software centers allows you to get fast access to a large pool of IT talent. They are qualified candidates who can meet your demands of IT outsourcing projects. 

Working with a software company in the country is an economical method. All you need to pay for is the contract, and no various costs such as hardware, device, and office space rent are required! Plus, an NDA with a legally binding contract will secure your business’ intellectual asset.

Figure 3. Operate with a software center

3. Conclusion 

Until these last lines, you’ve surely reached the helpful information regarding the topic – what is ODC in BPO? – and several tips for building an efficient ODC. The decision is now up to you to choose the best option for your campaign!

Sources: Internet    

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