According to a recent study, the IT staff augmentation market generated $9.2 billion in revenue in 2019, skyrocketed to $132.9 billion in 2020, and is projected to reach $170.0 billion in 2021. The growing demand for skilled developers to fulfill project requirements and the need for budget-friendly solutions are key drivers behind this market expansion. IT staff augmentation involves hiring developers from IT staff augmentation companies—either within the same country or overseas—at affordable rates for long-term or specific projects.

Importance of IT Staff Augmentation Services

The infographic below highlights the significance of IT staff augmentation services for businesses:

Why Should Companies Consider IT Staff Augmentation Services?

Here are the key benefits of IT staff augmentation services:

• Focus on Core Business: Allows companies to concentrate on their core business functions by outsourcing development tasks.
• Cost-Cutting: Reduces the cost of hiring full-time employees and setting up infrastructure.
• Improved Service Quality: Brings in specialized skills that enhance the overall quality of the services offered.
• Capacity Issue Resolution: Addresses short-term capacity needs without long-term commitments.
• Meet Critical Business Requirements: Provides access to a broader talent pool for addressing specific project needs.

Types of IT Staff Augmentation Services

IT staff augmentation services can be categorized into the following types:

• Direct Independent Relationships: Direct hiring of independent contractors for specific projects.
• On-Demand Talent Platforms: Utilizing platforms that provide on-demand access to talent.
• Staffing and Consulting Firms: Partnering with firms that specialize in providing skilled professionals or dedicated software developers.
• Traditional Staffing Providers: Using traditional agencies to find the right talent for your needs.

The IT Staff Augmentation Process

The IT staff augmentation process typically involves the following steps:

1. Identifying Business Requirements: Understanding the specific needs and skills required for the project.
2. Choosing Suitable Dedicated Developers: Selecting the right developers to fit the project's needs.
3. Augmenting In-House Team with the Outsourcing Team: Integrating external skilled developers with the existing team to enhance capabilities.
4. Ensuring Monthly Engagement: Maintaining regular engagement and progress checks to ensure alignment with project goals.
5. Re-Scaling Based on Future Needs: Adjusting the team size and skill set based on the evolving requirements of the project.

How to Find the Best IT Staff Augmentation Companies in India

India hosts thousands of IT staff augmentation companies that offer top-notch services to startups, enterprises, and entrepreneurs.
ValueCoders stands out as a leading IT staff augmentation company in India, with over 16 years of experience in delivering high-performance, scalable, and user-friendly services. The company has successfully completed more than 4,200 projects for over 2,500 clients, achieving a 97% client retention rate across 40+ countries.

Conclusion

This blog has covered the essential aspects of IT staff augmentation, including its benefits, market growth, and the differences between IT staff augmentation and managed capacity.
If you have any questions or need further clarification, feel free to reach out to ValueCoders now!