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In this article, we’re gonna explore how to choose the right software development company, and the country in illustration is Vietnam.
About Vietnam
Vietnam, a new Asian high-tech hub, is developing and defining credible potential in the software outsourcing market. As the second largest partner in Japan’s software outsourcing market just after China, Vietnam is winning over global investment and partnership due to quality resources, competitive cost, and low attrition.
To find out why: Why hire a Software Outsourcing Company from Vietnam?
Top Outsourcing Cities since 2009
Ho Chi Minh city has been among the Top Outsourcing Cities for 6 consecutive years since 2009 according to TSGI (Tholons Services Globalization Index) which is a large talent pool for the software industry. Many start-ups and SMEs jump into this field to build up businesses and open a new gateway to the global world. Some have gained great attention from national and international clients. However, confusion has been raised among clients when facing large selections of outsourcing software companies in Vietnam, especially Ho Chi Minh City.
Read more: Why Ho Chi Minh City for IT Outsourcing? The “Software Development Hub” in Asia
This article will help you evaluate technology solutions to your business problems in order to choose the right Outsourcing Software Company. As an expert in the software outsourcing market, InApps Company will give you a framework to help you know how to choose the right software development company.
Figure out your business requirements
Regarding how to choose the right software development company, you need to come up with a list of your business requirements for the project. Describe the problems at the importance level. Then, put together a detailed document for potential vendors, or go with a formal form of RFP (Request for Proposal). Either way needs to be as concise as possible. Include the business problems, business goals, specific requirements, and deadlines.
Evaluate vendors’ credentials and certificates
The second step in this how-to choose the right software development company guide is to evaluate.
Here are some evaluation criteria:
- Look into their backgrounds: How long have they been in business? Are they growing or downsizing?
- Look for strong capabilities and credibility: Do they have partner certifications relevant to the solutions you are looking to implement? How is their engineering team? Do they focus on product/solution quality and development?
- Check other customers’ testimonials.
- Search for reviews, both positive and negative reviews of the vendors.
- Check for hidden or additional fees.
- Take a test drive.
Come up with an initial list
You are now ready to start selecting potential vendors. Your approach may vary depending on the project. Here are some ideas:
- Ask your friends/co-workers/LinkedIn network for a recommendation.
- Post on a domain expert forum/mailing list.
- Check the industry publications.
- Research on Google. This idea should be the last attempt since a high Google rank is only an indicator of good SEO skills that most vendors will pay for.
Vendor interviews
Conduct preliminary interviews and short-list to three or five strong vendors who will send you their detailed proposals.
Vendor Selection
After getting proposals from your shortlist, you are finally ready to select the vendor to move forward with. If it is difficult to decide due to more than one great vendor, you can keep the other vendor as your Plan B.
Contract Negotiations
You are close to the finish line. Now it is time to agree on terms, sign the contract, and move forward. Regarding the price, there is usually room for negotiation. Once you agree on the price, make sure to split the payments. The final payment will be made only when the work has been fully completed and signed off.
So that’s the framework for how to choose the right software development company in Vietnam. You can apply this checklist to finding software outsourcing companies in other top outsourcing countries.
When you decide to choose outsourcing software in Vietnam, rest assured that you are in good hands as many tech giants, such as Intel, Samsung, Nokia, Bosch, and Panasonic have already caught on to this shift. The significant improvements in infrastructure, steady economic growth, and a young, dynamic workforce have helped the country to become an attractive destination for technology and software outsourcing.
As long as you take your time, do your homework, and keep the goal in mind, you will be able to find and hire a great vendor who will help you choose the right software development company
If you need any advice, our InApps Company offers FREE consultation. Leave us a message!
Author: Thanh Nguyen
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