10 Benefits from Nearshore Staff Augmentation to help your business
June 19, 2024
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There is little doubt that technology underpins key aspects of any business these days. Simply to remain competitive, businesses need to ensure their IT departments have the right skills. Unfortunately, a growing skills gap in the technology sector poses a challenge for many companies.
That’s why it’s important to consider the following top ten benefits from using Nearshore staff augmentation for your business.
You will know through experience that recruiting IT staff with the needed expertise is becoming increasingly difficult. Even after finding the right candidate, the hiring process can still take many weeks or perhaps months.
This skills gap doesn't have to be a problem. Businesses of all sizes can quickly gain access to the staff and expertise they need by using a nearshore staff augmentation provider. This will allow them to achieve their IT goals, remain competitive, and even beat their competition.
This article will show how nearshore staff augmentation can help your business resolve IT skills gaps.
The Growing Skills Gap in the United States
To understand the magnitude of the skills gap in the United States, let’s consider some statistics. According to a ZDNet article titled “Faced with a desperate skills shortage, tech leaders plead for computer science reform in schools,” America has 700,000 open computing jobs but only 80,000 computer science graduates annually.
Another recent report confirmed this worrying trend. It showed that only 5% of high school students were studying computer science. The report supported the ZDNet statistic of 700,000 open computing jobs.
This is an alarming statistic for those looking to recruit IT staff. It highlights a serious gap between the number of students pursuing computer science education and the demand for technology skills. For this reason, many US businesses now recognize they can no longer rely on recruiting local talent. This is especially true if they have an urgent need or require specific IT skills.
Leveraging Nearshore Talent for Skill Gap Closure
With the shortage of local talent, businesses are looking beyond their borders to fill their skill gaps effectively. Nearshore staff augmentation provides a viable and cost-effective solution.
This approach allows businesses – your business - to benefit from a global network of professionals with the required expertise.
To gain the full benefits of nearshore staff augmentation, it is important to partner with a reputable and experienced nearshore provider like Global Triangles.
If you are unsure how nearshoring works, please refer to this article: Why is Nearshoring right for you?
10 Benefits of Nearshore Staff Augmentation for Skill Gap Closure
Here are ten benefits you can gain from nearshore staff augmentation.
1. Access to Specialized Expertise
Nearshoring will enable your business to access expertise that may be scarce or unavailable locally. This expertise might be a specific programming language, involve niche technology, or be industry-specific knowledge. Whatever the skillset, nearshore talent can cover the gap to drive your projects forward.
2. Flexibility and Scalability
Nearshoring offers you the flexibility to scale your team based on your project requirements. This applies whether you need additional support for a short-term project or a long-term partnership. Nearshore providers have the flexibility to adapt to your needs quickly to ensure you have the right resources at the right time.
You only hire the staff for the time or the project you need them. And there's no increase in the headcount budget to worry about.
3. Cost-Efficiency of Nearshoring
Nearshore staff augmentation can be cost-effective compared to hiring full-time employees or expensive local contractors. Using nearshore talent allows businesses to use skilled professionals at competitive rates.
These cost savings do not compromise quality. Why is it cheaper? Salaries outside of the US are typically lower due to local circumstances.
4. Cultural Compatibility and Communication
Cultural compatibility and fluent English-speaking skills ensure seamless communication between teams. This promotes collaboration, knowledge sharing, and effective project management. These two important factors contribute to the successful outcome of any nearshoring project.
Global Triangles’ nearshore team is located in Mexico. This means the cultural compatibility is higher than in most other LATAM countries. Global Triangles’ nearshore staff are fluent English speakers.
5. Rapid Onboarding and Reduced Time-to-Market
Nearshore staff providers are skilled at rapid IT staff onboarding. This will enable your businesses to quickly integrate new team members into ongoing projects. This approach significantly reduces the time to market for IT initiatives.
This ensures your business can seize opportunities and stay ahead of the competition. It can also relieve pressure caused by ongoing regulatory changes that can disrupt your IT team's schedule.
6. Avoid IT Skill Shortages by Nearshoring
Technology is constantly evolving, meaning new skills are always in demand. Nearshoring will enable your business to stay at the forefront of technological advancements. By having access to developers with the latest expertise, you never need to worry about falling behind in technology.
Up-to-date skills are needed for programming language changes, the latest frameworks, or new approaches to development. Nearshore staff augmentation can bring the required knowledge for these and more. The fresh insights the nearshore talent brings can drive progress within your IT department.
7. Knowledge Sharing through Collaboration
Nearshore staff augmentation promotes collaboration between in-house teams and remote professionals. This collaborative environment fosters knowledge sharing, idea cross-pollination, and the transfer of skills along with best practices.
By working alongside a nearshore team, local teams can gain exposure to new ideas and ways of doing things. Experience has shown that this enhances the local team's own capabilities and expands their knowledge.
8. Focus on Core Competencies
Using nearshore talent can free up your IT team, allowing them to concentrate on your core business functions or strategic initiatives. This division of labor ensures that all resources are allocated efficiently, increasing productivity and effectiveness.
9. Agile Adaptability through Nearshore Staff Augmentation
Nearshore staff augmentation providers are experienced in agile methodologies. This familiarity enables them to adapt to the specific processes of your business.
This is the case regardless of your agile methodology, whether Scrum, Kanban, or a customized agile framework. It allows your business to use your preferred development methodologies alongside the nearshore team.
This flexibility can be very beneficial as it ensures a smooth and efficient working relationship.
10. Long-Term Strategic Partnerships
Nearshore staff augmentation is about more than short-term fixes or skill gaps. It offers the opportunity to build long-term partnerships with reliable nearshore providers.
These partnerships can extend beyond individual projects. Having a partner you've used and trust will give you access to talent and expertise for ongoing support and future initiatives.
The continuity provides the nearshore team with a deeper understanding of your business needs and goals, increasing your IT team's productivity and success.
Unlock the potential of Nearshore Staff Augmentation today!
Using nearshore staff augmentation services offers a powerful solution to resolve talent shortages. It provides access to the expertise needed to achieve the IT goals that will enable you to remain competitive. It will allow you to stay abreast of constantly changing regulations on time and without disrupting other projects.
To gain the full benefits of nearshore staff augmentation, it is important to partner with a reputable and experienced nearshore provider like Global Triangles. With Global Triangles, your business can tap into a sizeable specialized pool of IT talent. You can benefit from these skills while enjoying the flexibility and scalability that comes from hiring - not recruiting. And you can do so in a cost-effective manner.
It’s time to gain the full benefits of nearshore staff augmentation and propel your business toward IT excellence. Contact us without obligation to learn more.