In today's global era of remote technology, collaboration and specialisation, businesses are increasingly looking at outsourcing software developments as opposed to employing traditional in-house teams. While there are clear cut advantages (and disadvantages) of going on- or offshore, there are plenty of reasons why nearshore development could just prove to be the best of both worlds.
1. Competitive prices
Nearshore companies are still located in countries where costs are relatively lower, allowing to keep project costs in check.
2. Legal compliance & data protection
Many nearshore countries are part of international trade agreements with the client's country, regulating customer rights, supplier obligations and indemnity processes.
In Europe, for example, where several nearshore countries are members of the European Union, contract and data protection laws are harmonised across all members, and provide one of the highest protections to businesses in the world.
3. Familiar working environment
Nearshore providers are also already used to working with neighbouring clients, with established experience of understanding the market and environment the client operates in. Cross-border trade and cooperation between clients and suppliers is usually close already.
4. Easy to reach, no time zone difference
Nearshore countries mostly operate in the same time zone as their clients. This means working hours are similar and communication and support is easy to organise. Travelling distance therefore is also short, and therefore key face-to-face meetings or personal audits of the production is