Offshore app development is a popular choice for companies looking to take advantage of lower labor costs and access to a global talent pool. However, despite the potential benefits, these projects often fail to meet expectations. According to a 2020 report by the Project Management Institute (PMI), the global average for project failure is 17%. When it comes to outsourced software projects, the success rate is even lower. The Standish Group, a research firm that specializes in IT project management, found that only 29% of outsourced IT projects are successful.

In this blog post, we'll explore the common causes of failure in offshore development projects and examine how nearshore development can help increase the odds of success. We'll discuss the benefits of nearshore development, including:

We'll also provide tips and strategies for achieving success with nearshore development, including:

Common causes of failure in offshore development projects

As we previously mentioned, offshore development projects often fail to meet expectations, with the global average for project failure being 17% according to the 2020 PMI report. One of the main reasons for this is due to a variety of factors that can make offshore development projects challenging to manage. Some of the most common causes of failure in offshore development projects include:

By understanding these common causes of failure in offshore development projects, companies can take steps to mitigate these risks and increase the odds of success. Nearshore development can be a solution to neutralize those problems and increase the success rate of the project

The benefits of nearshore development

One potential solution to the challenges of offshore development is nearshore development. Nearshore development involves working with teams that are located in countries that are geographically close and share similar cultural and business practices. Some of the benefits of nearshore development include:

Overall, nearshore development can be an effective solution for companies looking to reduce the risks and increase the odds of success. By considering nearshore development, companies can find a team that shares similar cultural values and is geographically close, which can lead to a successful project.

How to increase your odds of success with nearshore development

Now that we've discussed some of the benefits of nearshore development, let's take a look at some specific strategies for increasing your odds of success with this approach.

By following these strategies and taking a flexible, adaptive approach to nearshore development, you can increase your odds of success and deliver a successful project.

In conclusion, nearshore development can be a great alternative to traditional offshore development. It offers many benefits such as better communication, shared cultural values, and improved team dynamics which can lead to a higher success rate for your project. When looking to partner with a nearshore development team, it is important to find a company that has skilled team members and invests in training. By following these tips and strategies, companies can successfully navigate the challenges of offshore app development and deliver a successful project.

To learn more about nearshore application development, download our free guide, The Nearshore Solution: How to Get U.S. App Development at Around Half the Price. It provides valuable insights on how to save money and get the best results with nearshore app development. Don't miss this opportunity to optimize your app development process.