Contrary to popular belief, having a dedicated software development team can actually be more cost-effective in the long run compared to traditional outsourcing models. While upfront costs may seem higher, especially when factoring in salaries, benefits, and overheads, the value derived from having a dedicated team far outweighs the initial investment.
By fostering a culture of ownership and accountability, a dedicated team is more invested in the success of your projects, leading to higher productivity, fewer reworks, and ultimately, lower total cost of ownership. Moreover, by retaining full control over the development process, you can mitigate risks associated with communication gaps, intellectual property concerns, and quality assurance issues often encountered in traditional outsourcing engagements.