What is an Outsource Marketplace for Software Development?
Outsource marketplaces are websites to connect to buyers and sellers of software development services. Buyers and sellers of services are located worldwide. Therefore, outsource marketplaces are often linked to the following terms: offshore, nearshore, inshore, ruralshore when describing procurement of software development services.
Buyers and sellers use software development outsource marketplaces similar to using auction sites like eBay. A buyer defines and posts a software development project to an outsource marketplace, whereby providers can bid on delivering the project. Posted projects have a limited amount of time for providers to bid on the project. In addition, often both buyers and providers are rated based on past experience. Posting projects is usually free for buyers. Posting, bidding, rating, connecting buyers and sellers makes outsource marketplaces similar to auction sites like eBay.
Most outsource marketplaces offer some kind of process to protect buyers and sellers from scams. A popular method is built in escrow and arbitration. This protection most often requires that communication between buyer and seller is accomplished through the outsource marketplace private message boards.
The landscape of outsource marketplaces is rapidly changing. Many new sites appear on a daily basis. Presently, a few examples of outsource marketplaces include: RentACoder, oDesk, Scriptlance, Elance.
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May 10th, 2006 at 6:45 am
[...] If you are trying to grow your network of qualified offshore outsourcing providers and buyers, an outsource marketplace can help develop contacts that lead to mutually beneficial relationships. However, when using a site such as RentACoder, direct communication between offshore outsourcing providers and buyers is prohibited. [...]
November 29th, 2006 at 7:26 am
[...] Very interesting to see an Outsource Marketplace for Software Development company presenting their software development outsourcing data in a visual way. The graphs include both producer and consumer numbers. Very interesting, Thank you and Great job! Web Site [...]