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What Product Teams Can Bring to Your Business

Tina Lj.5 min readSep 20, 2024Business & Life
What Product Teams Can Bring to Your Business
Tina Lj.5 min read
Contents:
1. You can focus on your core business
2. You can leverage their technical expertise
3. You will gain a different point of view
4. You can avoid overcomplicating the process
5. You get the whole package
It's not just about creating a product; it's about building one

I’ve already talked about how we formed product development teams at Devōt, from bedroom beginnings to expert plug-and-play teams. I also shared in that blog some tips on what to look for when building a product team.

But what exactly can product teams bring to your development projects, and why is it a good choice to go the outsourcing software development route for your business?

Let’s dive into the benefits of hiring a software product development team.

1. You can focus on your core business

When running a business, especially in a field where you’ve built expertise, it’s easy to think you need to handle every aspect of the project yourself. However, the key to successful business growth is knowing when to delegate (we also talk about delegation in "Challenges of being a tech lead") and letting experts step in. By hiring a product development team, you can focus on your core business activities while they handle the development process. This allows you to move faster in an increasingly competitive market.

Imagine trying to learn new technologies while managing your business. The time spent figuring out the details of product development could be better spent on what you do best—growing your business. Meanwhile, a competing company may release a similar product, leaving you behind. By outsourcing product development to an experienced team, you can quickly iterate and launch your product without sacrificing quality.

It’s important to partner with a product development company that values quality over quantity. Yes, I talked about quickly putting your product on the market and what value it is, but that doesn't mean losing the quality of your project. Working with a team that understands your vision ensures that while you may be moving quickly, you’re not compromising the excellence of the end product.

2. You can leverage their technical expertise

Running your own company means understanding that building something great takes time. You’ve likely curated a team of specialists within your business, but no matter how skilled they are, you can’t cover every aspect of the product development process. Bringing in an external development team adds the technical expertise you need to stay ahead.

Hiring a product development team gives you access to people who live and breathe the latest technologies and trends, including software development and new trends like AI. Whether you need mobile app development or advanced software product development services, the right experts can guide your project in the right direction. This not only saves you time but ensures your product is built on solid foundations.

Having a team with specialized skills is crucial. This outside knowledge, combined with your in-house strengths, will result in success.

3. You will gain a different point of view

When you hire a product development team, you're not just getting engineers—you’re bringing on board a diverse set of professionals, including frontend developers, backend engineers, QA testers, designers, and more. Each member of the team has a unique perspective on the project, which leads to more well-rounded and creative solutions. They all contribute to the bigger picture of a project.

If you rely on a single person or even your in-house team, you may miss out on fresh ideas. A team of specialists will approach problems from different angles.

With these varied perspectives, the product development process becomes much more efficient and innovative. The team’s collective experience ensures that your product isn’t just functional but is also positioned to stand out in the market. This approach can be the difference between a product that merely works and one that resonates with users on every level.

4. You can avoid overcomplicating the process

One of the key benefits of working with an experienced outsourced product development company is that they help you stay focused on the core issues. Often, businesses fall into the trap of overcomplicating their product by adding unnecessary features, thinking more is better. However, simplicity is usually the key to success. We even built our consultation service on the fact that our CEO could get to the core issue quickly and understand the real problem.

A good product development team knows that overloading a product with features can confuse users and delay the launch. One of our partners in the healthtech industry chose us because we quickly identified their core issue and provided a direct solution, cutting through the noise. They had previously worked with teams that added unnecessary complexity, delaying progress and increasing costs.

A team with experience in software development outsourcing understands how to keep things simple. They avoid complicating the software development process, focusing instead on the most impactful features and delivering them efficiently. Remember, simplicity doesn’t mean sacrificing quality!

5. You get the whole package

When you work with a product development team, you aren’t just getting a group of individuals to plug into your business. You’re getting a full-service partnership that includes everything from consultation and discovery to product launch. I know this is not the case for all companies, but at Devōt, you get a full package. At our company, for example, we provide a comprehensive solution, beginning with product discovery to deeply understand your needs and uncover the core issues that must be solved before development even begins.

Unlike hiring an in-house development team, where you may need to spend time coordinating multiple departments or skills, outsourcing to a dedicated team means you get all the expertise in one place. The entire team is aligned with your business goals from day one, from design to software development services.

It's not just about creating a product; it's about building one

The beauty of working with a product development outsourcing company is that they bring a structured, proven development process. This means fewer bottlenecks and a faster time to market. It’s not just about creating a product; it’s about building one that’s ready for the challenges ahead—scalable, adaptable, and built to evolve with your business.

In the end, choosing a product development team means you get a well-rounded solution that’s tailored to your project requirements and guided by industry experts. This all-encompassing approach takes the burden off your shoulders, allowing you to focus on other critical areas of your business.

We specialize in developing software products across industries like healthtech, fintech, and travel, applying AI even before it became mainstream (in one of our travel projects, we used AI before it was widely popular). If you're looking for the best product development solutions, reach out to us, and let's bring your vision to life.

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