According to Bloomberg, nearly 54% of businesses worldwide are experiencing talent shortages. Several projects go through fluctuating needs and demands for a cost-effective solution. Businesses are trying to strike the right balance between productivity and profitability, leading to the demand for staff augmentation.
IT staff augmentation refers to the strategy utilized by technology companies to bring in technology experts like software engineers, etc., for specific work or as an add-on to the internal team.
Today, we will understand IT staff augmentation and why companies should apply it in their projects or daily operations.
What Is Staff Augmentation?
Let us first understand staff augmentation in the simplest way. Staff augmentation is an outsourcing technique that enables the hiring and managing of an augmented team. To explain, the in-house team is extended with external resources for projects in staff augmentation.
For example, you are planning to develop a web application and need four developers for the task, while your existing staff has only two. Finding two more developers with the required expertise and technology stack may take a lot of time, delaying the project’s development and going to market.
Read More: Why Choose IT Staff Augmentation Services: 2022-23 Guide
