A Complete Comparison of Nearshore vs. Offshore Software Outsourcing

A Complete Comparison of Nearshore vs. Offshore Software Outsourcing

Because of the cost savings and broad skill pool, IT outsourcing is commonly seen as a feasible strategy for businesses seeking to achieve digital transformation. But to efficiently apply IT outsourcing, you need to make one important decision whether you should choose Nearshore vs. Offshore Software Outsourcing. In this post, we will provide you with...

Why is Nearshore Software Outsourcing the Best Choice?

Why is Nearshore Software Outsourcing the Best Choice?

Nearshore Software Outsourcing is a new software outsourcing strategy that has been used in many firms, delivering several benefits and advantages to company executives. So, what exactly is offshore software development? What are the advantages of nearshoring outsourcing? Let’s answer these questions using Lotus TS to see why you should use this development method. What...

Best Practices for Project Management in Data annotation

Best Practices for Project Management in Data annotation

The quality of training data is one of the deciding factors for a high-quality AI/ML model. But the real question that many data scientists and AI developers are having trouble with is how to ensure such quality in their training data. Training data’s quality hugely depends on the process of data annotation – the process...

What IT Outsourcing trends to look out for in 2022

What IT Outsourcing trends to look out for in 2022

The IT Outsourcing market in 2022 is bound to changes, as there will be remarkable developments and new technologies to emerge. These together create new trends in the market, and knowing about these trends will help your prepare better for the future ahead. Regarding the IT Outsourcing trends in 2022, Lotus would like to categorize...

IT Outsourcing Pros and Cons that You Should Know About

IT Outsourcing Pros and Cons that You Should Know About

Almost every business now is under the influence of digital transformation, resulting in the urgent need for technological presence. To achieve this, instead of growing an in-house development and testing team, many businesses have resorted to IT Outsourcing. After one project or two, some praise IT Outsourcing to be the cost-effective solution for their business...

IT Outsourcing Contract: What you Need to Know

IT Outsourcing Contract: What you Need to Know

When it comes to IT Outsourcing, people often think about the cost factor and the efficiency that IT outsourcing can bring to their business. But after all of that, one important thing that needs to be considered is the IT Outsourcing Contract. By knowing what kind of contract you need to go with, you can...

IT Outsourcing Model: What You Need to Know to Choose the Right Model

IT Outsourcing Model: What You Need to Know to Choose the Right Model

Before outsourcing your IT functions, it is the IT Outsourcing models that you need to choose for your business. To know this, you need to research and understand more about your requirements, the current market and the benefits of each model. Let’s look into the most popular IT Outsourcing models there are to understand this....

Top 12 Software Development Companies in Vietnam

Top 12 Software Development Companies in Vietnam

Along with the Vietnam’s development of IT industry, software development services has gained more recognition and good reputation in the global market. From a market with little or no competition, it now has hundreds of software development companies in Vietnam. Take a look at the top 10, all of which are giants in the market...

What can you get when hiring Offshore Development Center in Vietnam

What can you get when hiring Offshore Development Center in Vietnam

Offshore Development Center is a common work model that is gaining more recognition from IT leaders and enterprises. This is considered an effective way of cost reduction and talent pool access. Eastern Europe and Eastern Asia countries are the leading destinations for Offshore Development Center to thrive. Still, due to the technical preferences and regulations,...

Marketplace Insights: Vietnam reigns top countries for ODC setup

Marketplace Insights: Vietnam reigns top countries for ODC setup

Given that the world’s market is now tailored to the development of the IT industry, technology implementation and visibility stay top of the priority in the decision-making of every business, even for companies with a non-tech core value proposition. In fact, Information Technology and digital transformation act rather as a comprehensive tool for customer engagement,...

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