Having decided to build software or application there is a need to determine how to organize the development process. So the question arises: what team of software developers to hire — in-house or outsourced.
It’s challenging to find talented tech specialists, especially if you are limited in time and money. That's why more and more companies decide to outsource software development for reducing administrative expenses (e.g. rent, equipment, software licenses), taxes and lower the cost of product development itself. Not talking about access to rich talent pools of various countries.
It's also possible to hire a local team of developers if you’re looking for long-term cooperation. This variant usually requires more time and money due to time-consuming interviews, on-boarding processes, and training.
Read more - https://www.cleveroad.com/blog/inhouse-software-development-vs-outsourced