The covid-19 pandemic has brought drastic changes to several different areas of living and the market. Almost every industry has been struck by its e-commerce, entertainment, or travel. However, an unexpected shift in the work pattern was clearly visible in the IT sector. As per Statista’s report, the global outsourcing market in 2019 before the coronavirus hit the world was $92.5 billion and after the pandemic, the IT staff augmentation market size grew to a whopping $132.9 billion.
In recent times, IT staff augmentation service has emerged as a highly in-demand service. As businesses look forward to expanding their teams without the hassles of in-house hiring, this work strategy has given business owners more flexibility. In this blog, we will talk about scenarios when staff augmentation is your right choice. But first, let’s start with a small introduction to what it really means.
What is IT Staff Augmentation?
IT staff augmentation is a strategy in business. When a company, instead of hiring new employees for expanding the IT team opts for hiring temporary or contract employees from an outside firm. This approach allows them to quickly and easily scale up or down its IT resources as per the needs of the project at hand, without the hassle of associating with new hirings. IT staff augmentation proves to be efficient for companies to fill gaps in their IT capabilities or to manage processes. It is also a great way to access specialized skills or expertise that may not be available within the existing staff.
Want to learn more about IT staff augmentation? This guide on what is IT staff augmentation will help you hire highly-skilled staff for your business.
5 Scenarios When you Should Turn to IT Staff Augmentation
In order to take your business to the next level, one must think always a rebranding and augmenting the team. Over the last decade, staff augmentation services have increasingly become even more essential to all companies.
Due to the new technologies and advancements, there is a need to diversify the work in the team and a pool of talented people is an additional help to achieve that. That is why companies opt for staff augmentation services.
But as easy as it sounds, this process also needs to be thoroughly thought about well by anyone who is planning to do it. This blog will help you to find out when exactly there is a need to go for staff augmentation and in what scenarios.
1. When you Need to Scale your Team Quickly
There often comes a time when you need to deliver the services to clients at the earliest and a lot of hustle and chaos is created due to insufficient staff. This is generally seen in the growth stage when there is a demand for your product or service and you are not able to meet the dead ends smoothly. That is when you must think about going ahead with team augmentation.
Tackling complex projects tightly packed with huge backlogs is another scenario for the same. Or if you are thinking of organizational transition that is when staff augmentation can be of huge help to you.
One big advantage to doing so is that it adds up to highly skilled professionals to your staff. And together as a team, you can ramp up your growth and development efforts fast and hassle-free.
2. When you Need to Reduce the Cost
Staff augmentation outsourcing is very commonly seen but it is said to be the right choice for big companies. In cases with startups, it will add up the extra cost if they seek outsourcing. But staff augmentation is a completely different concept from outsourcing.
Hiring local talent or outsourcing can be a costly and time a consuming affair at times. But staff augmentation will add up the cost once, and a young pool of talented professionals can save a lot of time and effort in the long run. Proper coordination with them and their innovative ideas may help the company to grow and further extend the business.
Want to know more about outsourcing vs offshore development? This guide on outsourcing vs offshore development will help you.
3. When you Need to be More Innovative
Newness is what makes your business or company lively. Isn’t it? Therefore every company strives to be at pace and retain that newness or innovativeness in their product or services. This can woo new customers and can increase the sales of the company which is the ultimate goal.
It is very obvious to see stagnancy in the existing team if they’re working for a long period of time in the same manner. All the employees tend to think alike in some way or the other. The biggest drawback of this is that they can, unfortunately, end up being non-productive.
In this scenario, if the company plans to do staff augmentation. Adding new staff to the team can help bring in new and fresh ideas to the project and can help in making the project and the company more lively.
4. When you Can’t Find Specific Skill Sets
Due to the advancement in technology and cutting-edge competition, it becomes more important for the company to have employees who have knowledge of the new technologies. It is sometimes difficult to find certain skill sets in the existing pool of employees.
Luckily staff augmentation works wonders in this scenario. Nowadays, companies are more focused on finding the best talent including professionals who have unique or rare skills and an understanding of new technologies. This is especially true in the case of high-demand technologies such as artificial intelligence, blockchain, cloud computing, or the internet of things.
5. When you Want to Take your Team to the Next Level
Have you ever thought about where you see your business in the next ten years? We are sure everyone thinks of it and it’s actually necessary too. Be it any company or business, they always strive for growth be it in terms of increasing sales or increasing client base. The ultimate goal is to take their business to the next level.
This is only possible when they have a strong and diversified team of talented professionals to handle all the workload and add dimensions to the project through their unique and innovative skillset. Staff augmentation fits well in this scenario because it will act as a backbone to the company and can help them to be in cutting-edge competition.
Final words
Companies can benefit a lot from staff augmentation in a lot of ways. This is mainly because the tech landscape has shifted significantly and with the companies overgoing the digital revolution, tea expansion is the need of the hour. In order to stay updated and tuned with the forefront of competition, one must always expand.
We hope you got a fair idea about the situations you can opt for staff augmentation and also in what scenarios a business should think of doing so.
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