Software Outsourcing To Singapore
Singapore is a country that is often mentioned for outsourcing. However, the outsourcing focus has been on manufacturing. In the past, Singapore’s large financial institutions and other businesses would themselves outsource software development projects to nearby countries, such as India and Vietnam. There are now several outsourcing vendors inside of Singapore serving the Singapore market and the Western World.
The Accelerance Global Partner Network includes teams from Singapore that have been thoroughly screened and vetted for quality of work and ability to meet deadlines.
Working with outsourcers in Singapore – Pluses
The tiny island of Singapore is considered one of the most wired countries in the world. In fact, Singapore recently leapt into first place in the global IT economy rankings produced by nonprofit Tech-Economy.org, surpassing the U.S. and Sweden. Singapore earned top marks for its free-trade policies and “visionary government.”
Singapore boasts a well-educated population with a highly skilled workforce and a strong pool of senior managers. It has a world-class telecommunications infrastructure and a very stable political and economic environment. Singapore is competitive for high-end requirements. Because its infrastructure is so strong and its business environment is so favorable, it has fared well as an outsourcing location for data center operations and network management. Although labor rates are relatively high, they are lower than those in the U.S.
Working with outsourcers in Singapore - Minuses
The distant time zone may be an issue in working with outsourcers in the Singapore. Singapore is a relatively expensive place to do business, compared with other Asian locations, due to its high wage levels. Labor rates can be double those of other Southeast Asian countries.