The saying goes that you can’t solve a problem with the same thinking you used when you created it. This applies to the business world as much as it does anywhere else: to continue to grow, companies must think outside the box. To survive and reach new heights, all businesses have to evolve and try new things – they have to innovate, especially in software development.
Software Development Services Company has grown exponentially over the past decades. Technology is now so powerful that it can help your business evolve. you have to drive innovation in every product and service you create. Today, innovation is more than a buzzword – it’s the thin line that sets successful businesses apart from all others.
1. Create your own offshore software development team
Rapidly changing markets have created a need for continuous innovation. This, in turn, has helped popularize the concept of offshoring, which has become a must-have strategy for companies wishing to optimize innovation, execution, and costs.
Countries like India, Ukraine, and Brazil produce world-class engineers in software development. By recruiting software engineers and building your offshore team in one of these countries, your business dramatically lowers development costs (through lower cost of living) without compromising production quality an inch.
It’s no coincidence that more companies than ever are investing in research and innovation: they are desperately trying to get ahead of the curve and take their place on the cutting edge of technology. Investing in developing your own offshore team gives you a powerful resource of developers who, since they cost less to hire, can spend more time pushing the boundaries of your industry.
2. Give your employees “time to think”
Innovation takes time and patience. When your employees devote 100% of their hours to customer work, they no longer have time to think and develop creative ideas. And that’s where a lot of innovation happens.
Recognizing this flaw, a growing number of software development companies are now building “think” or “create” time into their employee schedules. The hope is that this helps generate innovative ideas to move the business forward.
One option is to organize innovation days where employees can come together and participate in conversations and brainstorming sessions to be more creative with the products they create. Accenture Ireland hosted its ‘Festival of Ideas’, an employee engagement event where 1,400 employees brainstormed creative ideas for their business: after the event, the top 10 ideas were implemented throughout the company!
You can even run hackathon sessions or set aside a set time for each employee each day, so they can work on developing and testing new ideas. For example, Google – perhaps the most innovative company in the world – is famous for insisting that employees spend 20% of their time on side creative projects.