it outsourcing risks

Most businesses have partnered with an IT Outsourcing company at least once during their growth. Some said it worked wonders for them, while others were not satisfied. Thus, how can we ensure that your project does not fall into the short end of the stick? The first step is to learn about the potential IT outsourcing risks and ways to tackle them.   

In this article, Synodus gathers 12 challenges and risks of IT outsourcing services from our experience of working with multiple clients (and, of course, how to win over it too) 

1. Loss of Control  

Working with IT outsourcing companies means you have to share control of the project with them. However, transferring day-to-day management to an outsider can lead to the risk of losing control and becoming reliant on the provider. Of course, this doesn’t always happen. If it does, what’s the point of partnership and outsourcing?  

Yet, acknowledging this problem with outsourcing software development will help you plan better management and collaboration with the vendor.  

To effectively solve this IT outsourcing risk:  

  • Take the time to find and hire a software development company you can trust and that is a good fit for the project. You should always look for references, past client reviews, and their portfolio. 
  • Fill out a “RACI” matrix to determine who owns what. This will help everyone stay in their lane and work within it throughout the project.  
  • You will inevitably have to relinquish some control, but the risk is reduced when you can rely on the team to bring you concerns or issues as soon as they arise.  
  • Requiring frequent reports from the vendor will provide you with insight into their work process. Also, keep an open line of communication by using a joint group chat or email sequence. 

2. Trusting The “Wrong” Guy  

When you delegate your project to a third party, you risk encountering an unscrupulous vendor. As a result, you could end up with a failed product, missed deadlines, lost customers or jobs, or even security violations.    

A bad vendor will kill your business  
A bad vendor will kill your business  

Some vendors might offer an attractive price lower than the market’s average, which seems to be the best deal to take but watch out! There is always a hidden reason for that. But this doesn’t mean high-price contracts equal high quality. That is why you should not jump right into the seem-to-good deal. Consider it!   

Here’s how to avoid this IT outsourcing challenge, whether because a vendor embellished their self-presentation, or you under-vetted your candidates.    

  • Go through their portfolio on their website to get a complete picture of the outsourcing company’s background, expertise, and project selection.    
  • Ask around for references, and always demand proof of how they communicate, treat less experienced clients, compete, and so on.    
  • Use Service Level Agreements (SLAs), which detail the services offered by the outsourcing company and their associated charges to set clear expectations and safeguard against potential quality problems.   
  • Hire a tech-savvy professional to act as a “secret shopper” to check the work of the outsourced team and ensure the caliber of the final product code. 

3. Lack of Domain Knowledge 

If you want to build a website, find someone good at it. This is common sense but does not mean domain knowledge.  

You should find a vendor that has experience in a niche industry (Financial, eCommerce, Manufacturing), a certain technology (AI, Blockchain, JavaScript, Python), or a type of application (native app, PWA, or even more specific such as a digital wallet, a game app). Most software development companies claim they can build anything, but they only excel at some aspects. By looking through their portfolio and credentials, you can see what projects they did that are the most successful. This helps you make a better choice.   

Both the client and the service provider must share an adequate amount of domain knowledge. This boosts better collaboration that prompts in-depth discussions from both technical and business viewpoints.  

For the IT outsourcing vendor, the team leader or project manager usually has the best overview of the field. They will guide the others to follow the path. Thus, if the leader is not qualified, the project might take longer, and the quality might not be delivered as expected. This is a huge IT outsourcing risk. 

We recommend that you:  

  • Use third-party vendors for some, but not all, aspects of new product development.  
  • Create a phase for a product discovery portfolio to use as a blueprint for your product’s technical specification and deeply identify the developer’s lacking areas.  
  • Before deciding, verify the website, contact the development company personally, and look at the case studies for experience proof to determine the area of expertise. 
  • Interview their domain knowledge. 
It can be a red flag if the software development company isn’t ready to show you any proof even though they claim to have experience in your line of business. This includes portfolio, result showcase (picture, mobile app, website) or you can test them by asking industry-relevant question (keep in mind some might sign an NDA so they can give you any document)

4. Risks of Cost Overrun 

The primary goal of outsourcing is to gain a competitive advantage through cost savings and profitability. There are 2 common payment contracts: fixed-price and time & materials. Both have hidden costs and can lead to cost overruns without good project and finance management. You should acknowledge this IT Outsourcing risk before signing any contract.  

Cost overrun happen during bad management 
Cost overrun happen during bad management 

For fixed-price, unexpected expenses include things like:  

  • Additional adjustments outside of the contracts 
  • Additional troubleshooting 
  • New requirements during development 

For T&M, unexpected expenses include things like:  

  • New features 
  • Additional resources (people + time) 
  • Updates on software, technology, and devices 
  • After-hours services 
  • Additional troubleshooting 

All of them add up to the project’s overall cost, which causes it to exceed its initial budget. Before outsourcing a service, it would be best to compare vendor pricing with current in-house development costs and all additional expenses. This provides an estimate of the vendor fees. How to tackle this IT outsourcing risk:  

  • Examine all of the estimates provided by your potential vendor and the type of contract they prefer.  
  • Signing a Service Level Agreement and being aware of all hosting costs, scheduled and unscheduled team visits, acquiring additional essential equipment, fees, etc. 

5. Security & IP Protection 

When working with an IT outsourcing vendor, you not only co-manage the project with them but also exchange data and information to develop the application.  

A significant security breach resulting in the loss of sensitive data and subsequent cyberattacks is one of the most dangerous IT outsourcing risks. Almost every company considers intellectual property to be one of its most valuable assets. Private and financial information about your employees and clients is essential data.   

Protect your ideas and personal ID by:  

  • Checking whether they are adhering to policies and regulations.  Top security standards and regulations for software development include ISO/IEC 27001, HIPAA, NIST SP 800-53, GLBA, Sarbanes-Oxley. 
  • Use non-disclosure agreements to ensure you do not end up with stolen information, data leaks, or other cybercrimes. 

6. Contract Misalignment 

Teamworking means that misalignment and misunderstanding can happen at any minute. But you don’t want it to occur after signing the contract. It’s like you order something expecting it to be delicious but, in reality, completely tasteless.  

So before putting your pen down, have countless discussions to ensure your vendor is on board with you. Exaggerated or unreasonable expectations may arise if both teams fail to discuss each task in advance. It may result in overly critical feedback and a failed partnership.  

3 ways to tackle the issue:  

  • Try to include both decision-makers and relevant staff in the negotiation process.   
  • Encourage team members to speak up about any ambiguous or overly complicated issue.   
  • Maintain control over your process or timeline expectations.   

7. Miscommunication 

Nearly 90% of businesses said communication is the top challenge when working with outsourcing companies. Many reasons cause this: 

(1) Language barrier mostly happens when you work with offshore software development companies. 

(2) Cultural differences can affect the mindset and work ethics depending on the region. For example, Europeans rarely work outside office hours. Meanwhile, East Asian countries generally work outside office hours. This doesn’t mean Asian is more hardworking than Europeans. The contrast shows how each region approaches “work,” and you should find a vendor that matches your mindset. 

(3) Working remotely can be another reason. Outsourcing requires using technology to help with collaboration and information exchange.  

Miscommunications tend to happen more during remote work 
Miscommunications tend to happen more during remote work 

(4) A lack of structure, a failure to share critical information, and gaps between critical parts of the process cause team members on both sides to pull the project in opposite directions. 

Regardless of where miscommunication stems from, you should acknowledge this IT outsourcing risk first and learn how to prevent this:  

  • Verify the English proficiency of the members of the contracted team through interviews and discussion 
  • Make sure that the vendor-side leaders have great meeting facilitation abilities.   
  • Implement weekly face-to-face or video call meetings for updates on the development process because a lot of communication can happen without words.  
  • Ensure that work schedules across time zones are negotiated  
  • Ensure that your outsourcing vendor has all of the information from the start. 

8. Working Remotely in Different Time Zones   

Outsourcing means working online and remotely. You talk and manage your development team digitally, and this requires some dedication to get used to. This primarily lies on the client side since the vendor works with different clients worldwide every day. If you have little experience with remote work, it can be challenging at first.  

Some suggested solutions for this IT outsourcing risk:  

  • Ascertain that everyone understands the project’s objectives and what constitutes success. 
  • Provide a high-level user journey walkthrough. This motivates the offshore team to take a more user-centric approach and better connect milestone deliverables to the big picture.  
  • Assign an internal employee as the primary contact point. This person can respond to questions from the offshore team and communicate any project changes asynchronously.   
  • Plan your next online meeting and the overlapping times when everyone on the team may be reached via phone, email, or video chat.  
  • Frequent check-ins and frequent praise can significantly enhance the team’s morale and make you feel informed about every choice and adjustment.    

9. Risks of Vendor Being Late on Delivery  

It’s a red flag if your vendor is constantly being late for deadlines.

(1) They probably handle too many projects simultaneously and can’t focus on yours. You can guess how it will run down the road, or

(2) They are irresponsible, and you are scammed.  

Yet, being late isn’t always caused by the vendor. Sometimes the clients keep asking for additional requirements outside the first contract, slowing the process. It’s essential to find what causes it.  

As the client, you must ensure you have cleared out every requirement before development takes place. You only adjust when necessary. Remember that every additional means your team has to stop what they are doing and redo it all over again.  

As the vendor, you should remind your clients beforehand of potential obstacles. 

10. Your Outsourced Developers Dropping Out of Projects 

One of the most unwanted IT outsourcing challenges is the sudden drop of your project’s developer. When it occurs, make sure to have an alternative instantly to keep the project going.   

To avoid this risk of outsourcing IT positions, your top priority when looking for a partnership is agreement transparency to tie both parties’ commitment. 

11. Risk of Not Having The Right Tools 

We don’t talk about programming languages or back-end or front-end tools here since you already look through the vendor’s tech stack before making a final decision. 

It’s about collaboration and management tools that are usually neglected. Both parties should be on board with what to use to keep communication in line. 

Having the right tool can boost your collaboration 
Having the right tool can boost your collaboration 

12. Don’t: Outsource A Key Product 

Instead, it would be best if you established an in-house team to develop and manage the core aspects of your tech product. I understand you may not have the time and resources to wait and build such a team. But you can first work with 2 to 3 core members and partner with an outsourcing company for other parts. 

Since the key product always plays a crucial role in business sales, the companies must be aware of some risk tors that might come at any time during the application process. The company’s brand name could be ruined in case there is a disqualification in outsourced product performance.  

After all, there’s always a chance of a vendor’s outcome failing our expectations. Remember to set a contingency plan to protect your business. 

Despite All The Risks of IT Outsourcing, Why Should You Consider It? 

Did you know that GitHub went for IT Outsourcing to build their MVP’s back end? Or Skype was founded by non-technical entrepreneurs, and they hired 4 developers to build the application while they focused on marketing and pitching.   

Tech giants have opted for IT outsourcing at the early stages of their business growth. Meanwhile, around 90% of G2000 companies used and are using IT outsourcing for some part of development. We can all see that startups and big enterprises go for IT Outsourcing, despite the potential risks. Why is that?  

  1. IT Outsourcing is an excellent way to save resources.   
  1. You can utilize global tech talents.   
  1. Companies mostly use IT Outsourcing to tackle the gap between the high demand for digital transformation and the lack of technical employees.   
  1. Using IT Outsourcing allows them to focus on other core business activities.   
  1. It gives more flexibility in terms of human resources and financial management.  
  1. Gain new competitiveness   

Even though working with a third party contains certain risks, it’s still a good strategic move for any business. On the other hand, most of the IT Outsourcing risks can be prevented if you carefully evaluate and choose a qualified development partner.   

If you are looking for a Software Development Partner, Synodus is the ultimate choice.  

We are one of the Leading Tech Partners in APAC and Asia, focusing on Custom Development (Software, Mobile, Web, Low Code), Blockchain & Data Analytics across the spectrum, from startups to enterprises.  

With 3 years of experience and over 250+ tech talents, our team leverages extensive tech stacks to help businesses transform digitally and strategically in multiple industries, including Finance, Retail, eCommerce, Manufacturing, and Government.   

Aiming to become your long-term tech partner, we closely follow agile development with no fog of tech consultation that guides you to a robust digital landscape.   

View Synodus Portfolio and Contact our expert for an in-depth discussion.

Wrapping Up 

Acknowledging all the IT outsourcing risks will help you prepare and plan for a seamless development process. Note in mind that all the risks can be prevented and mitigated, but it takes effort from both clients and vendors. Despite the challenges of IT outsourcing, this is still a strategic move if you correctly utilize the partnership model.   

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author avatar

Cong Nguyen

I'm Cong, founder & CEO of Synodus. I have 10 years of experience dedicating my time as a executive, tech enthusiast & thought leader.

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Synodus' list of the top Low Code Development Companies to work with in application development, process automation & digital transformation.
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mvp software development company

Top 10 MVP Software Development Company for Your Next Project 

Discover the top 10 MVP software development company and select the best one to transform your ideas into tangible products.
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POC vs MVP vs Prototype: How Do They Differ and Relate?   

Learn the differences between POC vs MVP vs prototype, and how to leverage best of each to create a winning product before launching.
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MVP Software development

MVP in Software Development 101: Explain Like I’m 5  

Detailed guide on MVP Software Development: what it is, its types, who to use it, how to develop and measure the success of an MVP
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18 Must-have Low Code Features For High Quality Development  

Our list of all must-have low code features in programming, data analytics and integration for better development and robust application.
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low code for enterprise

Using Low-code For Enterprise: Benefits, Downside & How To 

Discover the best use cases and benefits of low code for enterprise in accelerating growth and ensuring sustainability.
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low code automation

How Does Low Code Workflow Automation Stand Out?

Low code workflow automation is a buzzword gaining traction in recent years...
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mvp software development example

18 Examples of MVP in Software Development: Learn from Top Brands

Learn from the successful MVP software development examples and use their tips and tricks for your product development and startup launching.
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What Is Low Code ERP & Will It Replace Traditional ERP Platforms?

Is Low Code ERP better and can replace legacy ERP in managing day-to-day business activities effectively, let’s find out with this blog
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The Complete Guide of How To Find The Best NFT Developers (2023 Edition)

Want to find the best team of NFT developers for hire? Then check out this complete guide to find the best NFT developers firm for your business.
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Travel NFTs: Everything you need to know (2023 Edition)

Travel NFTs are quickly becoming the best way to promote tourism-related services. Therefore, we will cover everything you need to know about Travel NFTs.
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How To Start NFT Business With These Brilliant Ideas 2024

Due to the adaptability of NFT, you can practically create NFT business of anything, including music, pictures, films, virtual worlds, etc. Let’s figure out the best ideas on how to start NFT business with our detailed blog post below.
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top eco-friendly nft platforms

Top 8 Eco-friendly NFT Platforms That You Want To Know 

It is possible to have environmentally friendly NFTs, and some of eco-friendly NFT Marketplace sprung up last year. This article includes top green NFT platforms you might want to check out.
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10 Best Low Code Development Companies in USA to Hire

10 Best Low Code Development Companies In USA To Hire

Discover the top low code development companies in the USA and how to choose the best one that suits your company’s goals and budget.
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10 Best Low Code Development Companies in India to hire

10 Best Low Code Development Companies In India To Hire

Discover the top low code development companies in India. Learn how to choose the best future collaborator for your business with our guide.
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Using Low code in Insurance to Accelerate Business Growth

Using Low Code In Insurance To Accelerate Business Growth

Insurance businesses are being revolutionized using a low code insurance platform. Discover how to accelerate growth and streamline processes with low code!
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low code healthcare

Potential Of Low Code In Healthcare For Digital Transformation

Low code healthcare platforms are gaining more attention by empowering the industry with automation and modern applications.
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Utilizing Low Code for Customer Services

Utilizing Low Code For Customer Services To Improve Metrics

Learn how organizations utilize Low Code for Customer Services to gain advantages and the top platforms to use
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How Low Code Empower Citizen Developer In Digital Transformation

How low code & citizen developers can leverage your digital transformation and empower each other for better business results.
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Leveraging Low Code for Financial Services

How Low Code Make A Breakthrough In Financial Services?

Is Low for Financial Services a Yes or No? Learn how to successfully implement it with the real-life use cases and top tools
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What is NFT Game?

What Is NFT Game And What You Don’t Want To Miss Out?

In the dynamic realm of blockchain technology, NFTs, or Non-Fungible Tokens, are...
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web application development services

A Detailed Guide On Web Application Development Services

Detailed guide on the process, types, where to start, and who to hire for high-quality web application development services.
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low code examples

7 Low Code Examples & Use Cases From Top Brands

Low code technology is rising with top enterprises leveraging it for tech innovation. Here are 10+ low code examples to learn from.   
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low code platforms

25 Best Low Code Platforms for Startups, SME & Enterprise

Low code platforms are on the rise in 2023. Discover the best low code platforms for Startups, SME, Enterprise & Developers.
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open source low code platforms

Comparison Of Top 20+ Open Source Low Code Platforms On GitHub 

List of 21 best-to-use open-source low code platforms on GitHub, where million developers collaborate to shape the future of software.
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low code vs high code

Quick Comparison Between Low-code Vs High-code: Which Wins? 

A precise comparison between the uses and features of low code vs high code to help you make better decision on digital transformation
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low code

What Is Low-Code Development And Why You Should Care?

Explore the new low code technology, its features, how it differs from the traditional counterpart and use cases in certain industries.
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low code vs rpa

Low Code vs RPA: Which Is Better For Fast Workflow & Management?

To optimize the operation workflow and your business management, which is better: Low Code vs RPA? Read our detailed comparison
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Low Code Vs No Code: The Right Choice For SME And Enterprise

Discover the difference between low code vs no code and how to make the right decision: which is best to use in the future for your industry.
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Progressive Web App vs Native App: Which is better?

Learn the differences and similarities between Progressive Web App vs Native App & Which is better for users, developers & businesses
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List of 6+ Best Gaming NFT Marketplaces

List of 6+ Gaming NFT Marketplaces That You Must Check On

Believing in the future of NFT Gaming? If yes, let’s stay ahead of the pack by checking out some of the best gaming NFT marketplaces out there and how to build one.
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Low Code Benefit

Breakdown The Benefits & Disadvantage of Using Low-Code  

The larger the enterprise, the larger the workload of the development team....
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best web development tool

11 Best Web Development Stack for robust web & fast deployment  

Choosing the best web development stack is a critical first step in...
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web development stack

What is Web Development Stack & How It Streamlines Coding? 

Deciding the suitable tech stack for your web development process is excruciating...
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MEAN Stack in Web Development

What is MEAN Stack in Web Development & When To Use It?

Using a tech stack can shorten the development time as it provides...
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Top 15+ NFT Marketplace Development Companies To Partner With In 2023

Top 15+ NFT Marketplace Development Companies To Partner With In 2023

The leading NFT market developers who have distinguished themselves in the blockchain...
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Best Gasless NFT Marketplaces For You To Save More Money

4+ NFT Marketplaces Without Gas Fee To Save You Money

While adopting NFTs into a day-to-day investment, gas fees might be considered...
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Deep Dive Into MERN Stack in Web Development

Developers can leverage different tools, frameworks and even web development stacks to...
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open source web development tools

40+ Open Source Web Development Tools Every Dev Should Know

Rapid web application development tools (open-source) make it easier for programmers to...
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Fashion NFT Marketplace: Which are the best digital platforms for fashion enthusiasts?

6+ Fashion NFT Marketplaces: Which Are The Best For Fashion Enthusiasts?

Fashion - in general - is going places. Therefore, blockchain-related things might...
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12 Tips to Optimize SEO in Single Page Application for Higher Rank

Single page application and SEO have been in dissonance as most SPAs...
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Progressive Web Apps Technical & Security Checklist

Finishing developing your PWA feels like a huge achievement. Yet, ensuring it...
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15 Best Database for Web Applications and Development in 2023  

Database for Web Applications and Development is required to ensure the functionality...
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NFT Photography Marketplace: All You Need to Know

NFTs (Non-fungible tokens) have undeniably been talk of the town lately. The...
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What are Progressive Web Apps: Architecture & Benefits Explained

A new door has opened for companies to engage with their consumers...
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AMP vs PWA: Which one is better for your website performance?  

The web world is getting more advanced with innovative technologies that help...
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NFT Jewelry Marketplace: An Experience or A Real Investment

NFTs (non-fungible tokens) have revolutionized many industries, including art, game, and sports....
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How Does NFT Marketplace Work?

As NFTs continue to make waves in the digital world, understanding how...
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Wine NFT Marketplace: Everything You Need To Know

Wine NFT Marketplaces: Investing wisely with 4+ Marketplaces of Wine NFTs

It’s hard to think about the combination between wine and NFTs, yet...
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What is Accelerated Mobile Pages? Should we use it for faster web? 

Faster-loading websites perform better in search results, have reduced bounce rates, and...
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Real Estate NFT Marketplace Everything You Need To Know

Real Estate NFT Marketplace: Everything You Need To Know

The NFT sector of the crypto economy is flourishing. Gradually the NFT...
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progressive web apps examples

Best Progressive Web Apps Examples to learn from in 2023 

Since the Internet has accelerated in our society, businesses have been in...
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Top 10 Web Development Tools for Android to use on the go  

Building and maintaining a website isn't an easy job. Anything can comes...
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front end web development tools

The List of 28 Best Front-end Web Development Tools 

Front-end development tools facilitate the creation of visually attractive websites and applications....
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web application

What is Web Application? How it works? A Detailed Guide 

Web application has been around us for a long time, from the...
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What questions to ask a web developer before hiring: 25 Q&As

Many businesses are developing or enhancing their existing websites to digitize their...
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9 Open Source NFT Marketplaces With Code Available On Github

9 Open Source NFT Marketplaces With Code on Github

As we all know, open source NFT marketplaces, like any other marketplace,...
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Best 25+ Wordpress NFT Themes For Elementor In 2023

Best 25+ WordPress NFT Themes For Elementor In 2023

Building NFT Wordpress site is such an efficient approach that artists, creators...
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How to create your own NFT Marketplace - 10 steps with tutorials

How to create your own NFT Marketplace (10 steps with tutorials)

Maybe you have heard about blockchain and NFT marketplace, but do you...
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Top 12 Wordpress NFT Minting Plugins For 2023

Top 12 WordPress NFT Minting Plugins In 2023

Today, if you don't move forward, you've gone backward. As a participant...
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Best 25+ Music NFT Marketplaces To Buy And Sell [2023 edition]

Best 25+ Music NFT Marketplaces To Sell And Buy [2024 Edition]

Music NFT marketplace has changed the mindset of music lovers, as creators...
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Difference between Single Page Application vs Multi Page Application  

With many advanced web app technologies to choose from nowadays, it might...
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Top 15 NFT Marketplace Analytics Tools That Investors Should Use in 2023

TOP 15 NFT Analytics Tools That Investors Should Use in 2024

NFT Analytics Tools are the best ones for not only NFT individual...
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Single Page Application: Definition, Benefit, Architecture & Example

With the growing number of websites and Internet users, the requirements for...
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Best 23 NFT Marketplace Wordpress Themes

Best 23+ NFT Marketplace WordPress Themes For Your Consideration 2024

Non-fungible tokens (NFTs) are of the hour now and then, which have...
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quality assurance in web development

Quality Assurance in Web Development: Benefit, Checklist and How to do  

Quality assurance in web development must be performed regularly, during and even...
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mobile web development tools

Top 11 Best Mobile Web Development Tools to use in 2023

It’s not hard to notice that most companies are investing in developing...
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difference between single page app and progressive web app

Difference between Single Page App and Progressive Web App    

Web applications are becoming increasingly popular due to their engaging user experience...
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NFT Marketplace Royalties: A Definite Guide On How It Works

NFT Marketplace Royalties are the crypto payments (typically a percentage of the sale...
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best art nft marketplace

Top 15 Best Art NFT Marketplaces Designed for Artists 

As NFTs have been in the limelight during the past years, NFT...
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What are ICO, IDO, IEO

What are ICO, IDO and IEO? 

When it comes to creating innovative ways to kickstart projects and raise...
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ICOs vs STOs: Analysis And Comparison

STOs And ICOs: Analysis and Comparison

Many have known that influential firms such as Tesla, Mastercard, BNY Mellon...
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web development guide

Web Development Guide For Business And Beginners: Where To Start?

You might have heard someone say Web Development is dying. But the...
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web application frameworks

Power your Web Application with 12 Best to use Frameworks

Web Application isn't something new. Thousands of companies have leveraged this technology...
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NFT Marketplace Business Model: How does it work?

NFT Marketplace Business Model: How Does It Work?

“How do NFT Marketplaces make money?” you might ask. Imagine that you...
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single page application framework

10 Best Single Page Application Frameworks In 2023 With Examples 

Choosing the suited single-page application framework is important because the wrong one...
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How To Estimate NFT Marketplace Development Cost

How To Estimate NFT Marketplace Development Cost

“How much does it cost to build an NFT marketplace?", “What is...
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good ui design examples

15+ Good UI Design Examples From Top Brands To Learn From

UI design describe a digital product's appearance, feel, and operation. It's a...
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ux design process

Mastering UX Design Process & Tips To Work With Design Team 

If you're wondering how to start a UX design process that works...
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ui design process

Excel in UI Design using Smart Workflow, Tools and Guidelines

A standard UI design process and principles must be followed to create...
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How to attract and retain senior developers to navigate Top Tech Talent Shortage

How To Attract & Retain Senior Developers To Navigate The Top Tech Talent Shortage

Table of Contents[Open][Close]1. Top Tech Talent Shortage: Overview, Statistics, And Explanation1.1. Overview...
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Top 8 Must-have NFT Marketplace Features That You Need To Know

Top 8 Must-have NFT Marketplace Features That You Need To Know

Defining must-have NFT marketplace features is the indispensable yet hardest part of building an...
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bad ui design

Avoid these 15 Bad UI Design Mistakes (With Examples)  

When designing the user interface for your mobile app or web, all...
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ux design examples

Get Inspired With 20 Good UX Design Examples For Your Site

UX design is one of the most important aspects of website building....
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ecommerce web development requirements

20+ Requirements To Build An Impactful eCommerce Website

A website is extremely important for an eCommerce business since it's the...
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web development tools

25+ Best Web Development Tools & Software To Use In 2023

Web development tools make it easy and more efficient for developers (even...
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How Long Does It Take To Build An eCommerce Website ?  

Building an eCommerce Website can be a daunting process. There are thousands...
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Breakdown the Cost of eCommerce Web Development 

How much does it cost to develop an eCommerce Website? Well, the...
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real estate web development

Real Estate Web Development: Cost & How To

The goal of realtors has long been to place classified ads in...
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15 Best to use Web Development Platforms

Unraveling The Top 15 Web Development Platforms In 2023

If you're struggling with building a website, many web development platforms in...
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ecommerce web development

eCommerce Web Development: Benefits, Types And Simple Steps  

The global online market has witnessed a surge in online sales revenue...
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Blockchain Developer Salaries Around The World - 2023 Edition

Blockchain Developer Salaries Around The World [2023 Edition]

Are you curious to know about the average blockchain developer salaries around...
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frameworks for web development

Top 10 Frameworks for seamless Web Development  

Web development has now become an integral part of any business. Choosing...
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web application examples

12 Web Applications Examples to learn for your web development

With the increased internet usage, web applications might be a good start...
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What is Content Management System: Benefits, Types and Examples 

Whether a small or big firm, a content management system will always...
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Tips to choose your best Web Development Team

Every business wants a website nowadays; it’s one of the most common front...
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New Strategic Partnership Announcement: ANATICS x SYNODUS

Hanoi, Sep 19th 2022 We are thrilled to announce our strategic partnership...
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5 KEY TAKEAWAYS IN BLOCKCHAIN TRENDS 2023

Blockchain has become the talk of the town lately, and it is...
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The Ultimate Guide Of Retail Analytics: Definition, Types and Examples Included 

In the fiercely competitive retail sector, retailers and chain managers are embracing...
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Leveraging Predictive Analytics In Excel For Sales Forecasting

Leveraging Predictive Analytics In Excel For Sales Forecasting: How To Do It  

Sales forecasting has a substantial role in every business's success when making...
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Predictive Analytics: A Completed Guide With Benefits, Models And Examples

Predictive Analytics: A Detailed Guide With Benefits, Models And Examples 

Predictive analytics is suggested to be a vital tool for businesses in...
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Top 10 behavioral analytics tools and a guide to choose one

Top 10 User Behavioral Analytics Tools And A Complete Guide To Choose One

Behavioral analytics tool is changing how businesses become more profitable and serve...
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Behavioral Analytics

What Is Behavioral Analytics? Definition, Examples and Tools 

Every mouse click and movement on the screen reveals something about the...
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Customer Success Stories - A case from Boody

Turning 10-Year Data Into A Single Source Of Truth With Boody  

Table of Contents[Open][Close]Who Is Boody?How They Came To Us Here Are Key...
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Data Monetization A Complete Guide

Data Monetization: A Complete Guide 

You may hear that data is a treasure that will do you...
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Success Story of The ICONIC: Leveraging Customer Analytics To Become A Fashion Giant

Table of Contents[Open][Close]Part 1: A Brief History Of Multi-millionaire Empire: How It...
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Artificial Intelligence 101 and AI in E-Commerce

Artificial Intelligence 101 and AI in E-Commerce

A survey by Statista showed that 70% of decision-makers in the e-commerce world assumed...
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data security

Data security – Definition, Importance, Types, Methods

This article will give you an overview of data security: definition and...
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data security best practices

Top 7 Data Security Best Practices

This blog will explain definition, common security threats and best practices for...
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Top Ecommerce Consulting Companies & How To Choose One

Top Ecommerce Consulting Companies & How To Choose One

While some firms can build an eCommerce business themselves, others turn to...
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In-store Retail Analytics: Definition, Benefits, and Use Cases 

When mentioning analytics in business, we often think of sales figures and...
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Data Strategy: A Definitive Guide

A data strategy helps companies know how to manage and analyze data...
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Retail Analytics Courses, Books & Reports

Retail Analytics Courses, Books & Reports: Resources for your knowledge

It is crucial for retailers and those who are enthusiastic about retailing...
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The Future of Retail Analytics (10 trends included)

The Future Of Retail Analytics (Top 10 Trends In 2024)

Audio: The Future Of Retail Analytics (Top 10 Trends In 2023) It's...
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Sentiment Analysis - A comprehensive Guide

Sentiment Analysis: A Comprehensive Guide

The power of Natural Language Processing (NLP) enables organizations to implement sentiment...
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What Is A Data-Driven Culture and How to Create One?

One of the major shifts in today’s business world is the transformation...
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What is Data Visualization?

What Is Data Visualization And Why You Need This?

We live in a world of Big Data, in which data visualization...
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Top 10 Data Visualization Tools

Top 10 Best Data Visualization Tools 2024 (Free & Paid)

As the value of data visualization has become widely recognized across companies...
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Databases vs DataWarehouse: Similaries & Differences

Database vs Data Warehouse: Similarities & Differences

What is a database? What is a data warehouse? What are the...
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database schema

What Is Database Schema? Types, Benefits, Terms Explained

In this blog, we’ll go further into database schema including database schema...
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Data Warehouse Costs

Data Warehouse Costs: 3 Important Elements to Consider 

It’s essential to select the right data warehouse, business intelligence, and analytics...
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What is a Data Warehouse? Definition, Benefits, Structure

In today's fast-paced and highly competitive business environment, the ability to leverage...
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what is cloud data warehouse

What is Cloud Data Warehouse? Benefits, Features & Solutions Compared

The growing demand for data warehouses as a service is propelling the...
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data warehouse tutorial

Data Warehouse Tutorial: Learn from Experts with 6 Steps

Data is gathered at regular intervals from source systems such as ERP...
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Top 10 Impactful Data Visualization Benefits

Data visualization lets us present sets of data through the use of...
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Data Analytics for SMEs: What You Should Know

Operating in an ever-changing market, many SMEs (Small and Medium-size Enterprises) are...
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How Your Business Can Benefit From Data Analytics Outsourcing 

In recent decades, a lot of enterprises - large and SMEs, want...
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Small Business Analytics: 4 Ugly Facts

Small Business Analytics: 4 Ugly Facts

Analytics is an important part of any business, but it's not something...
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7 Things to Consider When You Hire a Data Analytics Consultant

7 Things to Consider When You Hire a Data Analytics Consultant

The big data consulting market is a rapidly growing market. The global...
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How to Identify Bad Data and 3 Excellent Ways to Improve Data Quality

How to Identify Bad Data and 3 Excellent Ways to Improve Data Quality 

Do you know that 2.5 quintillion bytes of data are generated every...
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Ecommerce Advice: How to Work with Customers as Privacy Regulations Are Changing

As the eCommerce industry grows and matures, consumers are becoming more aware...
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The Latest Trends in Data Warehouse 2024

The world has changed since the introduction of data warehouse. Data warehouse...
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6 Significant Impacts of Geography on E-commerce Conversions

6 Significant Impacts of Geography on E-commerce Conversions 

In online retail, e-commerce conversions happen when customers purchase products or services...
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How You Can Use Data Analytics for Better Inventory Management  

Inventory is the most important section of a company, ranging from different...
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Retail Location Analytics | Definition & Use Cases 

Retail Location Analytics supports businesses with robust conditions to directly approach customers,...
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10 Most Reliable KPI Tracking Software Worth Your Consideration 

With proper KPIs, you can keep track of your campaign’s performance and...
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3 Tips on Selecting the Best E-commerce KPIs for Online Businesses 

3 Tips on Selecting the Best E-commerce KPIs for Online Businesses 

KPIs are always an essential part of any business strategy on the...
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Google Analytics Tutorials

8 Best Free Google Analytics Tutorials for Beginners and Experts

Google Analytics is considered an indispensable tool to every website owner. It...
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How Emotion Analytics is Applied in the E-Commerce Analytics to Increase Customer Engagement

Emotions are verbal and non-verbal communication cues that play an integral role...
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How Can Augmented Reality Be So Helpful in Retail Analytics

In the age of innovative technology, retail e-commerce presents a number of...
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How to Boost Conversion Rates With The Use of Retail Analytics

The rapid growth of the retail industry comes with big data and...
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Data Science in Retail | Use Cases & Famous Projects

Data science employs specific methods, processes, algorithms, and systems to draw insights...
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Detailed Customer Feedback Analysis Guide 2024

Customers have been leaving feedback more than ever before, and businesses amass...
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