A Tale of Collaborative Triumph: Saw’s success story with eDev’s remote developers from India
Introduction
Saw, as a technology brokerage firm, is revolutionizing the domain industry with its innovative approach to domain acquisition. Fueled by a passion for digital assets, Saw is on a mission to establish a transparent environment, ensuring that every step of a domain sale or acquisition is clear and comprehensible. As part of its visionary growth strategy, Saw was actively planning to expand its workforce, aiming to embrace new opportunities and further strengthen its position as a leader in the ever-evolving digital landscape.
Problem Statement
In a challenging economic climate, the primary issue at hand for Saw was the need to expand its dev team cost-effectively but with high-quality engineers. Traditional hiring processes often incur significant expenses, and the decision to tap into the pool of freelancers presented its own set of complexities like poor quality of work and low commitment. Therefore, Saw sought an innovative solution to address this challenge. The decision to explore remote developers became pivotal in navigating this slow economy. The company recognized the need to reduce operational costs without compromising on the quality of talent.
Unveiling the Solution with eDev’s Strategic Partnership
The quest for a strategic partner led the company to eDev, a recommendation that stemmed from positive referrals within the industry. Individuals who had firsthand experience working with eDev lauded their capabilities in forming successful partnerships, making them the natural choice for Saw’s expansion plans. This initiated the exploration of a collaboration that could address Saw’s specific needs in scaling its team and reducing monthly burn at the same time.
How did eDev help Saw scale its workforce cost-effectively?
Global Hiring: eDev specializes in connecting brands with skilled developers from key emerging markets such as India and Latin America. These markets have a lower cost of living when compared to the US and Europe but are known for having a robust & high-quality developer population. This gave Saw access to top-notch talent at a more affordable cost.
Cost-Effective Solutions: Addressing Saw’s imperative to keep monthly expenses low during an economic slowdown, eDev presented cost-effective pricing structures. This ensured that Saw could scale its team without significantly impacting its budget, aligning with the company’s goal of reducing operational costs while maintaining efficiency.
Overcoming Cultural and Communication Barriers: eDev’s meticulous approach in selecting developers from India and Latin America addressed Saw’s concerns about potential cultural and communication challenges. The developers brought proven quality, English proficiency, and experience working with diverse teams, aligning with Saw’s goal of seamless collaboration across different regions and time zones.
Efficient Team Management through eDev Platform: In pursuit of Saw’s goal to create a transparent and well-managed environment, the eDev platform proved instrumental. Offering a simplified yet comprehensive dashboard, the platform facilitated efficient team management, allowing Saw to receive timesheets, invoices, and productivity reports seamlessly. Daily calls and Slack channels further streamlined communication, supporting Saw in achieving its goal of effective remote team collaboration.
Initial team Size: 2 to 4 remote developers
Collaboration type: On-demand ( pay by the hour )
Developer Country: India
Crucial asset: The eDev platform’s flexibility was a crucial asset, enabling Saw to scale the team size up or down based on project requirements without incurring penalties.
Exploring Flexibility
eDev offers two solutions for brands looking to hire remote developers
- Hire remote developers on-demand and pay by the hour
- Hire remote employees with eDev as the Employer of record and pay a fixed monthly fee.
Why did Saw Choose to Hire Dedicated Remote Developers and Pay by the hour instead of hiring Remote employees?
At the onset of their engagement with eDev, Saw strategically opted for dedicated remote developers paid on an hourly basis rather than committing to remote employees. This decision was driven by the company’s need to test the waters and the absence of a consistent development plan that would guarantee full engagement for at least a year. The pay-by-the-hour model provided Saw with the flexibility to adapt to their evolving project requirements without being bound to a fixed employee structure. Notably, eDev’s unique offering allowed Saw to seamlessly convert any developer into a full-time employee at any juncture if required. Hence, Saw initiated the engagement with a select group of developers, paying them based on hours worked, laying the groundwork for a dynamic and adaptable collaboration with eDev.
Unlocking Remarkable Benefits – Saw’s Transformation through eDev’s Remote Development Services
The impact of engaging with eDev on Saw’s operations has been nothing short of transformative. By tapping into eDev’s services, Saw successfully reduced its monthly operational costs by an impressive 40%, demonstrating a substantial improvement in financial efficiency. The flexibility offered by eDev played a pivotal role, enabling Saw to scale its team up or down seamlessly. This adaptability facilitated the execution of their development roadmap, resulting in the delivery of products ahead of schedule, achieving a remarkable 2x acceleration in project timelines.
In conclusion, the partnership between Saw and eDev has proven to be a strategic and transformative alliance. The collaboration not only reduced costs and enhanced productivity but also significantly contributed to resource retention, showcasing the holistic advantages of Saw’s decision to embrace remote developers through eDev.
Today almost 70% of Saw’s workforce is remote across all disciplines. With the option to hire remote for all engineering, they anticipate continuing to invest more in this avenue. According to Saw, the key is having a great partner like eDev who understands startups and offers flexible engagement models to hire and retain developers