The shift towards remote work is transforming the business world. As reported by Zippia, by 2023, 27% of U.S. employees are working remotely, a figure projected to rise to 36.2 million by 2025. This new paradigm brings unique challenges and opportunities, requiring innovative approaches to communication, collaboration, and management. The potential benefits, however, are significant, including enhanced productivity, reduced costs, and a more balanced workforce. […]
For any business owner, an employee’s sudden or premature departure has overarching implications. According to researchers from Gallup, American businesses lose up to $1 trillion due to staff turnover. In more relatable terms, when an employee voluntarily chooses to leave, it could lead to costs equivalent to almost double their yearly compensation package! This is not to mention the indirect costs of employee turnover, such […]
Every business owner has a reason for adopting an in-office work model, a universal one because it’s a fun place to work and keeps employees engaged. However, operating expenses are a significant concern regardless of your in-office work strategy, whether permanent or as a service. Whether it’s compensation & benefits or office management, the implications can kill or make your business if their cost gets […]
Machine learning (ML) adoption is no longer an experiment but an essential component of business practices and planning. Today, machine learning is a part of every industry you could imagine, whether healthcare, retail, eCommerce, manufacturing, entertainment, or finance. Moreover, the global machine learning market is poised to expand at a compound annual growth rate of 38.8% and reach $209.91 billion by 2029, thanks to the […]
IT outsourcing nowadays became one of the fastest growing parts of the industry and really indispensable solution for different businesses. But what is IT outsourcing? Outsourcing IT is an organizational solution, when a business transfers certain functions or parts of a process to a company, to handle specific IT functions or projects. IT outsourcing services include delegating tasks like software development, infrastructure management, or technical […]
Developing a game is no small feat — it takes a team of experts working together to produce a high-quality product. And getting the team to work effectively together can be a challenge. This is confirmed by 18% of team leads according to studies. Fortunately, with the right skills, tools, and resources, managing game developers can be trouble-free, exciting, and fulfilling. In this guide, we’ll […]
To increase visibility, adaptability, and product quality in software development, 71% of companies in the US have adopted agile methodology and associated frameworks like Scrum. Depending on an organization’s hiring or project implementation needs, an agile team can either be distributed or co-located. But the real question is, what are the risk-benefits of distributed vs co located agile teams? In this article, we describe the […]
Remote work culture has already made a foray into the mainstream arena, with Gartner estimating that at least 48% of the global workforce will work remotely post-pandemic, as opposed to the initial 30%. The tech and IT industries top the list of sectors that are seizing the business benefits of remote software development. However, the growing size and demands of remote developers call for HRs […]
A recent study by Deloitte reveals nearly 70% of organizations partner with outsourcing companies for software development projects to save money and access global-rated talents. Other managed services that a development company can offer include cloud migration, legacy infrastructure optimization, infrastructure management, or any other IT-related role. The first concern that lingers in your mind when deciding whether to partner with remote developers is the […]