You can’t watch the news for more than five minutes these days without hearing predictions of a recession, wars in Ukraine and the Middle East, tightening of credit markets, global supply crisis, et cetera. When consumers get wind of these adverse events, they begin a cycle of economic decline: Consumers get nervous, so they spend less, Businesses make less money than they did before, Businesses slow hiring and/or lay off employees, Which makes consumers nervous, so they spen

It’s hard enough to choose between software companies based on their merits, but it’s even harder to choose between them when they offer two different types of contracts. Startup CEO/CTOs probably get a dozen emails a day from software vendors. How will they figure out which vendor will deliver the best quality product at the best price? This article will review just one of the many considerations that go into vendor selection, which is choosing between the two types of vendo

One of the main factors when deciding whether to keep or replace legacy systems is determining the cost. Here, we dive into five hidden costs CIOs should be aware of today. CIOs are caught up in a constant need to balance old and new technology, systems, and processes. On the one hand, to embrace the new, they need to help their organization address new opportunities, deal with challenges, or improve efficiency and effectiveness. On the other hand, to commit to the existing t

COVID-19 has caused unprecedented disruptions to the global economy, but the outsourcing business has been particularly hard hit. As soon as clients felt economic instability and an uncertain future, R&D budgets were slashed, transactions were delayed, projects were cut, and prospective clients disappeared. Consequently, many outsourcers had to downsize or even go out of business. However, organizations adapted quickly and took advantage of the crisis. CodeStringers is one

Perhaps you’ve fallen into the same trap I have. You have an idea for a new digital product, and you think you can build it internally. Maybe you have a well-known offline brand, but you don’t yet have a successful mobile app. And perhaps you have a guy in IT who is a talented Java developer. Why not let him take a crack at it (insourcing)? You may want to read Which Is Better for Software Development? Outsourcing or In-House? This is a mighty tempting option, particularly

When a prospective client contacts outsourcing partners for software development, they have a crucial question. Beyond the usual "get to know you" questions, this question stands out. “How long will it take to build my software and how much money will it cost?” Outsourcing engagements often turn into nightmares, and this is where it begins. Buyers often realize it months after signing contracts. To explain this, I’ll use an analogy that’s near and dear to my heart, having jus

Beyond the obvious criteria such as technology stack expertise, domain experience, and value, hiring a software development partner (i.e., an outsourcer) is ultimately about trust. For my part, I’ve worked in the software industry for nearly 25 years, but only five of those years have been as an outsourcer. For the first 20 years, I was on the other side of the proverbial table, where I hired and/or worked with many outsourcers. With few exceptions, I found the experiences w