In 2024, Offshore Development Centers in Bangalore are playing a pivotal role in shaping the future of tech outsourcing. Many global companies are increasingly opting for Offshore Development Center (ODC) models to streamline their operations and access a highly skilled talent pool at lower costs. V2Soft, an industry leader, has successfully utilized the Offshore Development Center in India model to provide scalable and cost-effective Offshore Development Centre Services to businesses worldwide.
One notable case study involves a US-based retail giant that partnered with V2Soft to build a tailored ODC Offshore Development Center in Bangalore. The company needed a reliable IT infrastructure and a team with expertise in software development, application testing, and cloud services. V2Soft’s ODC India team helped the company reduce its operational costs by 40% and significantly accelerated the project delivery timeline.
According to data from 2024, the offshore IT services market is projected to grow at a CAGR of 12%, driven by the increasing adoption of ODC Offshore models. Companies seeking to scale efficiently are now investing more in offshore solutions, particularly in tech hubs like Bangalore.