Being competitive in this age and time means focusing on digital transformation to modernise legacy systems, develop new digital products and services and keep up with emerging technologies. However, doing this in-house can be expensive, time-consuming, and risky. This is where the Team as a Service (TaaS) model comes in, offering businesses a cost-effective and low-risk way to develop and implement digital solutions. This article will explore why the TaaS model is the best option for businesses looking to get the most return on investment (ROI) when developing digital products or modernising legacy systems.
What is Team as a Service?
Team as a Service is a flexible and scalable approach to software development that involves hiring a team of experts to work on your project. Unlike traditional outsourcing, where you hand off a project to an external team and hope for the best, TaaS allows you to work closely with a team of experts who become an extension of your in-house team. This means you have complete control over the project while benefiting from the external team's skills, experience, and expertise. The TaaS model is often used for projects requiring specific expertise, are time-sensitive, or require a high degree of flexibility.
Why TaaS results in the best ROI?
#1 Cost-effectiveness
One of the main reasons businesses choose the TaaS model is that it's more cost-effective than hiring an in-house team. When you hire an external team, you only pay for the time and resources you need rather than the full-time salaries, benefits, and overhead costs associated with an in-house team. This means you can save a significant amount of money while still getting access to top talent.
#2 Expertise
Another major advantage of the TaaS model is that you get access to a team of experts with specific skills and experience that may be hard to find in-house. This means you can get your project done faster and with a higher level of quality. Additionally, the TaaS team is focused solely on your project, which means they can bring a high level of attention and dedication to the work. Plus, your in-house team will receive valuable insights and training on technologies, processes and strategies that the external team possesses, so great knowledge share!
#3 Flexibility
The Team as a Service model is highly flexible, which means you can scale the team up or down depending on your needs. This means you can adjust the team size and composition to meet changing project requirements without worrying about the costs and logistics of hiring and firing in-house staff. This flexibility also allows you to take on projects that might otherwise be too risky or complex for your in-house team.
#4 Reduced risk
When you hire an external team using the TaaS model, you're sharing the risk of the project with the external team. This means they have a vested interest in ensuring the project is successful and will work closely with you to ensure it meets your requirements. Additionally, the TaaS team will have experience working on similar projects, which means they can provide valuable insights and advice to help mitigate potential risks.
#5 Faster time-to-market
In today's fast-paced business environment, speed is essential. The Team as a Service model allows you to get your digital products and services to market faster without sacrificing quality or accuracy. This is because the TaaS team is solely focused on your project, which means they can work quickly and efficiently to meet your deadlines. Additionally, the external team will have experience working on similar projects, which means they can use their knowledge and expertise to streamline the development process.
In addition to the benefits outlined above, the Team as a Service model offers several intangible benefits that can help businesses succeed in the long term.
#6 New ideas and perspective
The TaaS model can help businesses foster a culture of innovation and creativity by bringing in new ideas and fresh perspectives from external experts. This can lead to breakthroughs in product development and new revenue streams. Additionally, the TaaS model can help businesses stay ahead of the competition by keeping up with the latest trends and technologies in the industry. By working with a team of experts who are passionate about their work, businesses can achieve a level of innovation and excellence that is hard to replicate with an in-house team.
#7 Successful digital transformation
The TaaS model can help businesses achieve digital transformation goals without disrupting their operations. By working closely with the external team, companies can ensure that the project is aligned with their strategic objectives and that the team is integrating with their existing systems and processes. This can help businesses avoid costly disruptions and downtime while still achieving their digital transformation goals.
In conclusion, the Team as a Service model is the best option for businesses looking to get the most ROI when developing digital products or modernising legacy systems. The TaaS model can result in faster time-to-market, higher quality products and services, and improved overall performance by providing access to top talent, expertise, flexibility, and reduced risk.
Are you considering the TaaS model for your next project?
Then you need the right partner to ensure that you will get access to a team of first-class thinkers, innovators and project solvers - The Calls9 team!
Our experienced developers, project managers, creatives, and business consultants will act as an extension of your team to help you drive digital transformation and change within your business. Whether you're looking to develop new digital products, streamline processes, or stay competitive, we can help. Our team will work closely with yours to understand your unique needs and goals and develop customised solutions. We provide hands-on support throughout the development process, from concept to launch.
