Why should Singapore Outsource IT Services to India?

Singapore, the largest and most important global financial center in Asia is swiftly becoming a leading technology cluster. The world’s growing technological businesses, along with those from the United States and China, are establishing and expanding bases in Singapore.

All credit goes to Singapore’s wealth, position, and business-friendly reputation, which set a 12-year record in 2020 as part of a larger foreign investment boom. Still, why should Singapore outsource IT services to India? Let’s dig in more!

In Singapore, the total market share of the software development industry was $5.9 billion in 2020, portraying a 1.7 percent CAGR (2016-2020) which is expected to show an annual growth rate (CAGR 2021-2026) of 5.99% by 2026. Singapore’s economic growth has been fueled in recent years by a surge in the use of software technologies, mobile applications, cloud computing, and innovations in AI/ML & IoT.

Amid all this great news, Singapore is indeed struggling with a significant shortage of competent talent, capable of fulfilling the technology needs of startups and enterprises.

While businesses in Singapore attempt to reach market demands, offshoring projects is one of the ideal options to help them out. When you think of offshoring projects from Singapore, the first option that immediately comes to mind is India.

Why you should Outsource IT Services to India: Opportunities and Considerations

The IT Services and Consulting companies in India present a multitude of outsourcing options. While cost remains a compelling factor, it’s crucial to delve deeper and analyze both the strengths and potential challenges before entrusting your IT needs to Indian remote teams.

Strengths:

• Cost Optimization: India’s competitive talent pool allows you to access expertise at a lower cost, reducing expenses in recruitment, training, and infrastructure development. This frees up the budget for reinvestment in core areas.
• Scalability on Demand: Need an army of developers for that mega-project? You can adapt seamlessly to project demands with India’s agile workforce. Scale up for major initiatives or streamline during quieter periods, maximizing resource allocation and optimizing costs.
• Accelerated Time to Market: You reach the market faster through efficient project delivery. Along with that, reduced hiring times (often 40-50% quicker) and streamlined execution contribute to rapid launch timelines, giving you a competitive edge.
• Technological Prowess: You access cutting-edge technologies like cloud computing, AI, Machine Learning, and big data without significant upfront investments. India’s readily available expertise is a cost-effective alternative to costly internal training programs, keeping you ahead of the curve.
• Business Agility: You get to respond swiftly to evolving market dynamics with India’s flexible workforce. Efficiently adapt to changing demands and seize new opportunities with a remote team that can adjust and deliver on the fly.

Considerations:

• Communication and Collaboration: Time zone differences and potential cultural nuances may necessitate adjustments in communication and project management styles to ensure efficient collaboration and clear expectations.
• Technology Compatibility: While India has advanced IT infrastructure, ensure compatibility with your existing systems and invest in robust communication channels to prevent disruptions.
• Data Security and Privacy: Clearly define data security protocols and ensure compliance with relevant regulations to safeguard sensitive information throughout the process when you outsource IT Services.

Ultimately, when you outsource IT services to India or any other offshore country, it is an orchestra of decisions, not just about cost-driven considerations.

You have to weigh the strengths and considerations carefully to determine if IT outsourcing companies in India harmonize with your unique IT needs as the success of your initiatives lies in finding the right partner who elevates your digital transformation without compromising security or collaboration.

Now let us understand why India is emerging as a hotshot software outsourcing destination for Singapore and other business hubs around the globe.

15 Reasons Why Singapore Should Outsource IT Services to India

Beyond cost-effectiveness and talent pool, India offers several compelling advantages. Here, we delve into 15 reasons why choosing India for outsourcing IT services can truly empower your software development journey.

1. Abundant talent pool

The availability of professional talent at a reasonable cost is the frosting on the cake for companies that outsource IT services to India. According to Nasscom, India’s cloud talent pool will hit the 1.5 million mark by 2025.

As per the studies, around 4 million IT professionals work directly, and 10 million work indirectly. India’s IT workforce recruits over 200k graduates annually, making it the world’s youngest employable population. Also, India has more than 128 million English-speaking people who are breaking the language barrier.

2. Cultural overlaps and authenticity

India and Singapore share a cultural overlap as Singapore has 9.0% of Indian Singaporeans. Singapore’s business and its friendly relations with India create a strong bond of trust between the two countries.

Businesses in India adhere to global standards with certifications such as PCI and ISO. With this, they stay abreast through memberships in prominent outsourcing industry organizations such as CII and NASSCOM. This again plays a key role in selecting India for offshoring projects.

3. The best suitable environment for R&D and innovation

India has 27% of Asia’s innovation centers, and 80% of the fresh concepts are getting acquainted with using Al/ML, Cloud computing, big data analytics, and so on. Within an organization, innovation is frequently tedious and inadequate because a corporate hierarchy of approvals creates inertia, stifles creativity, and instills in people a fear of failure.

Outsourcing to India may help businesses in Singapore to be ahead of time with changing market needs as Indian businesses provide more room for innovations to the associates.

4. Infrastructure & experience

When you are outsourcing your IT requirements to India, it provides you access to highly skilled talents with extensive experience along with the best experience in handling vital projects with ease.

With IT clusters like Bangalore, Gurgaon, and Hyderabad, India has demonstrated it is in line with all major nations in terms of IT infrastructure. Even startups and small and medium-sized enterprises (SMEs) in India are already utilizing innovative technology tools to give exceptional solutions.

5. Flexibility in project management

Technology-based businesses need to upscale and downscale their processes depending on the season, demands, priorities, and market competition. When businesses outsource IT services to India, their Indian IT partners and service providers allow them to increase or decrease the number of skilled talents in the team and upscale or downscale the processes.

Most outsourcing deals in India have conditions for changes in demands that provide the utmost flexibility to businesses.

6. Large room for improvements

Technology or to be more prompt, front-end creates the market image of a business. To hold a paramount position in the industry, businesses need to improve continuously to cope with the changing market trends.

Today, new technology rises with every new dawn, and to adapt to that technology, you as a business need a strong, multi-skilled, and quick-reacting team. Indian businesses follow strict guidelines which make them focused and disciplined to practice continuous improvisation.

7. The perfect timezone

There’s a huge overlap in the Indian Timezone (+05:30 GMT) and Singaporean Timezone (+08:00 GMT). So, this in turn allows businesses established in Singapore to accomplish much more in a typical workday than if the work is outsourced to some other country.

8. Proficiency in tasks

Having a good percentage of young IT professionals, Indians are good at picking up new technology, moreover, you can promptly train them in any emerging business software. As a result, you can add a boost to technological growth by investing less time with more work done.

9. Easy and faster outsource IT services procedure

Outsourcing software projects to Indian companies is as easy as making a local vendor agreement. A business just needs to finalize the outsourcing partner, sign a contract, and be done!

Indian tech partners mostly follow an agile methodology. This makes it easier for businesses to monitor and make amendments whenever required.

10. Cost of development

There is a low cost of hiring experienced personnel in India because of a low dollar-to-rupee exchange rate, and an inexpensive infrastructure investment. All these are much lower in comparison to commencing operations in India than in your home country.

Along with that, it is difficult to run a technology team. So, when an organization cannot afford to pay hefty salaries, India’s pricing flexibility allows it to become more creative in managing a budget. Hence, India is the most desirable destination for outsourcing any development processes for a lot of Singapore businesses.

11. Ease of business and government support

Outsourcing is one of India’s major foreign income sources. The favorable and supportive government policies make it easy to outsource IT services to India. Policies like the Information Technology Act 2000 and many others create a healthy industry development environment.

12. Strong Data Security and Privacy

India boasts robust data security and privacy regulations like the Indian Information Technology Act, 2000, establishing clear guidelines for data protection. Additionally, Indian outsourcing companies heavily invest in advanced security solutions to ensure client data remains safe and confidential.

At Ajakcus, security is also a top priority for us. We implement robust security measures and best practices to safeguard web applications and data, adhering to industry standards and compliance requirements.

13. Focus on Quality and Delivery

Indian engineers are known for their meticulous attention to detail and commitment to exceeding expectations. Outsourcing to India means partnering with teams dedicated to delivering high-quality software on time and within budget.

14. Proactive Communication and Collaboration

Indian teams prioritize open and regular communication, readily adapting to different time zones and communication styles. This fosters strong collaboration and ensures transparent project progress updates, leading to smoother workflows and better outcomes.

15. Adaptability and Scalability

Indian outsourcing companies possess the flexibility to adapt to evolving project requirements and scale project teams seamlessly. This allows businesses to adjust resource allocation based on project needs, maximizing efficiency and cost-effectiveness.

So, all in all, when you outsource IT services to India, it transcends mere cost savings. It provides access to robust data security, unwavering quality focus, seamless communication, and dynamic scalability, propelling your project towards success.

Why Ajackus? Your Tech Partner in India for All Your IT Solutions

In today’s digital landscape, staying ahead of the curve requires more than just a great idea. Businesses need rocket fuel, the kind that propels them towards exponential growth and outshines the competition.

At Ajackus, we’re not just IT service providers; we’re your trusted mission control, meticulously crafting custom-made solutions for the digitization of your business.

Experience

With over 12 years of industry expertise, we’ve successfully navigated the diverse landscapes of 15+ industries, including healthcare, fintech, real estate, edtech, oil and gas, travel, HRtech, and more.

Proficiencies

Our proficiency spans a vast spectrum of 92 technologies, encompassing JavaScript, PHP, Python, Java, Ruby, QA Manual, Go, iOS, DevOps, Android, Spring Boot, React, Angular, Ruby on Rails, and more.

Project Track Record

Demonstrating a commitment to excellence, we’ve delivered over 300 successful projects, showcasing our ability to translate industry knowledge and technical prowess into tangible results.

User Impact

Positively influencing the digital landscape, our solutions have reached over 500 million end users, reflecting the meaningful impact we’ve made in enhancing user experiences.

Communication Strength

We prioritize English proficiency to ensure effective and transparent collaboration, fostering clear communication channels with our clients at every step of the project journey.

Client Satisfaction

Our client satisfaction is evident through highly positive feedback and enduring partnerships. With a stellar 4.9 rating on Clutch, we were honored as the Top App Development Company and Top Software Developers in 2022, 2023, and 2024.

Agile Methodology

Embracing an agile approach, we swiftly adapt to changing project requirements. For instance, our PRD (Product Requirement Document) process takes 2-4 weeks (30-40 hours) on average, while the development of an MVP (Minimum Viable Product) is completed in 8-12 weeks on average. We ensure efficiency without compromising quality.

This is just a glimpse into our broader IT solutions at Ajackus. We’re here to upscale your business and ready to ignite your growth.

Quick Overview of Services You Can Outsource to Ajackus

With industry expertise, our team specializes in crafting captivating websites, designing intuitive mobile apps, and architecting engaging digital experiences. Here’s what we offer:

• Web Development: Transform captivating, seamless websites using the latest technologies for ongoing engagement and effortless content management.
• Mobile Development: Design intuitive iOS and Android apps that seamlessly integrate with existing systems for a powerful customer experience at their fingertips.
• UI/UX Design: Architect visually appealing and intuitive digital experiences, driving increased engagement, higher conversions, and loyal brand advocates.
• Emerging Technologies: Explore the digital frontier with AI, ML, IoT, and RPA, turning futuristic concepts into today’s competitive edge.
• Low-Code/No-Code Development: Empower teams with citizen development, using platforms for high-end applications without extensive coding, fostering agility and speed.
• E-Commerce Development: Transform online stores into digital shopping havens with secure, user-friendly platforms, optimizing payment gateways for increased conversions.
• DevOps: Leverage cloud power through DevOps, streamlining development, deployment, and maintenance for innovation and growth.
• Testing: Ensure flawless applications with comprehensive testing services, covering functional, security, and load testing for a confident launch.

Choosing innovation with us means ensuring you get flawless, user-centric solutions to elevate your digital success.

Conclusion: Outsource IT Services to India

Outsourcing IT services to India is a strategic move for Singaporean companies eyeing digital growth. India’s dynamic blend of talent, cost efficiency, and innovation presents a compelling advantage. As we have already discussed, choosing India provides a unique proposition beyond cost savings.

So we at, Ajackus, an IT Services and Consulting, stand ready to amplify this advantage. With 12+ years of industry expertise, technological proficiency, and a stellar track record, we can help you make the most of this opportunity.

Want to outsource IT services to us? Contact us!