In TIGO, we customize the odoo ERP system tailoring to customer's needs while keeping an eye on the new trends and updates that will shape your business into a better organisation in terms of profits and productivity.  

Augmented Intelligence (AI) is still the streamlined solutions for SME

And while some AI technology is intended to operate autonomously, one of the most useful types of AI — augmented intelligence (also known as intelligence amplification, or IA) — uses machine learning and predictive analytics of data sets not to replace human intelligence, but to enhance it.

Augmented Intelligence is totally different from Artificial Intelligence. Artificial intelligence is the idea of systems using data and predefined rules to operate autonomously. While true autonomous technology doesn't exist today, Augmented Intelligence technology is developing rapidly and changing the world. 

While Artificial Intelligence is a trend and grow rapidly in recently years, but it is still far from reality. Meanwhile, there are a growing demands for Augmented Intelligence.

Artificial Intelligence is a trend and has grown rapidly in recent years, but it is still far from reality. Meanwhile, there are growing demands for Augmented Intelligence. 

Augmented Intelligence is seemingly an "additional" part to Artificial Intelligence, but not true. Augmented Intelligence is an important middleware to bridge the gap between things we call "software" and things we call "smarter" such as RBA (Robotic Business Automation).

As we peer into the future, Augmented Intelligence will play an increasingly pivotal role in every business form. AI-powered tools and techniques will continue to empower employees, streamline processes, and unlock new frontiers of innovation. 

Low-end markets provide complete commitment to the realization of your IT project

The price is relative. For example: with a budget of 300 euros per day in Paris, one can afford the services of an average developer underpaid by his company, which means they are probably not very motivated. Whereas with 100 euros per day in an offshore location, a team can offer the services of a technical expert that is motivated to work on your project.

Multi-vendor outsourcing

The shift toward multi-vendor outsourcing has become increasingly prominent in recent years. This approach involves working with multiple service providers to cover various business tasks and processes, allowing companies to tap into diverse expertise, technologies, and domain knowledge. 

Best-of-suite applications

The shift toward multi-vendor outsourcing has become increasingly prominent in recent years. This approach involves working with multiple service providers to cover various business tasks and processes, allowing companies to tap into diverse expertise, technologies, and domain knowledge. 

Here are some key benefits of adopting the multi-vendor outsourcing approach:

• Access to specialized skills: Working with multiple vendors allows businesses to access extensive niche skills and expertise, ensuring that the most suitable provider gets each task. 
• Risk mitigation: Businesses can minimize reliance on a single provider by spreading their tasks across several vendors. This diversification helps to mitigate risks associated with single points of failure, enabling smoother operations even in unexpected issues with a specific vendor.
• Agility and flexibility: Multi-vendor outsourcing allows companies to adapt their strategies depending on changing demands, industry trends, or innovations. 
• Competitive pricing: Companies can benefit from the competition between vendors, as each provider will strive to offer the best possible pricing and service levels to retain or gain customers.

By engaging multiple vendors, businesses can reduce their dependency on a single provider, minimize risks, and increase flexibility in their outsourcing strategy.

Outsourcing on an As-Needed Basis

Not to mention, the benefits of outsourcing — even if they’re on a short-term, temporary basis — are pretty amazing.

Specializations are in high demand: When you choose to hire subcontractors for your business, you make sure that you can get benefits from them: Fresh ideas, embrace change, flexible hours, cut costs, specialization.

Outsourcing is all about efficiency, helping businesses ramp up their efforts while saving time and bringing their products and services to market faster. This also means the output is greater, and organizations can grow their businesses more effectively.

Clientele includes more startups and small businesses: We are seeing more and more startups and small businesses outsourcing software development projects and processes. They do it as a means of reaching the market more quickly, increasing business traction, ramping up their services, reducing cost without compromising quality, and improving efficiency, all while tapping into the top talent to hone their brands’ image. This is why developing countries (Vietnam, Philippines...) with good talent pools are a good starting point for Western startups.

Gig economy and freelance models

The gig economy has steadily gained traction and will continue to influence the outsourcing landscape as companies recognize the benefits of engaging with freelancers and independent contractors on a project-by-project basis. 

IT outsourcing service providers are progressively integrating gig economy frameworks into their offerings, leveraging platforms and technologies that facilitate connections between freelancers and businesses in need of their specific skills.  As a trend in IT outsourcing in Vietnam, the gig economy enables companies to strategically utilize skills and expertise as needed and foster more effective and nimble project management. 

Using an outsourcing vendor for pure body leasing or IT staff augmentation nowadays may result in less experienced talent overall, greater attrition and disputable end quality at an even higher price point.

Why IT Outsourcing in Vietnam is the Best Decision in 2024?

Although India and China dominate the IT outsourcing industry, many tech businesses today are outsourcing tasks to Eastern Europe and SouthEast Asia. Companies in North America like the United States prefer East European countries (Romania, Ukraine, Poland...) and SouthEast Asia countries (Vietnam, Philippines, Indonesia...), for IT outsourcing due to their proficiency in English, cultural similarity and low cost. These regions have a high percentage of skilled people (including tech professionals), affordable talent, and strong data security.

The average hourly rate for a software developer in Vietnam stands at approximately $20 (falling within the $15-30 range), significantly undercutting the rates typically found in other outsourcing destinations such as India or China. To streamline your business with the right balance between low-cost and minimum viable products, you can generally expect to pay between $15 and $25 per hour for offshore software development services.

• Vietnam is emerging as a destination for tech manufacturing to thrive in the VUCA world.
• Outsourcing to Vietnam is a cost-effective and high-grade solution for businesses facing economic challenges. The country has a growing tech workforce and a favorable business environment.

By becoming our partners, you can:

• View transparent pricing for world-class developers.
• Build and price your development “dream team”.
• Receive updates on available developers and special offers.

Final Thoughts

The outsourcing landscape continually shifts from Eastern Europe to SouthEast Asia, driven by advantages in cost-effectiveness, resilience, sustainability and ethical outsourcing.  

Outsourcing Is Perfect for Periods of Economic Uncertainty: Outsourcing can be seen as a supportive measure that companies can take to strategically improve and come out better on the other side.

Working with a vendor that provides flexible outsourcing options can help ensure your company is able to offer a streamlined solution for IT-Business alignment. TIGO, for example, provides multiple core platforms that are designed upfront to meet the different needs and requirements.

At TIGO Global, we provide various services, solutions and technologies. Here are a few examples of the services we can provide:  

• Analyze the current system (AS-IS analysis)
• Technical Proposal for initial phase
• Comprehensive Documentation (BRS, URS, SRS, FS...) for Pre Project Preparation
• Custom Software Development 
• Mobile App Development (native, hybrid, PWA)
• Software maintenance (AMC, CMC).
• Legacy System Migration
• Testing services 
• Consultation services

Vietnam Outsourcing Path - the Silk Road connecting ASEAN with the Developed Countries (EU, US, Japan...): If you're interested in the IT outsourcing journey in Vietnam, don’t hesitate to reach out to TIGOSOFT. Contact us to learn more about how we can help you leverage the full potential of streamlined solutions (faster delivery, better service, lower cost) and achieve your business objectives!