Measuring ROI and Cost Savings in IT Staff Augmentation Projects Outside India
Published: 2023-09-27 05:13:53

IT staff augmentation is a popular way to source IT talent for projects of all sizes. It can help businesses to quickly and easily scale their teams up or down as needed, and to access specialized skills and expertise that may not be available in-house.

One of the key [benefits of IT staff augmentation](https://www.ivalueplus.com/web-stories/benefits-of-it-staff-augmentation-with-ivalueplus/) is that it can help businesses to save money on IT costs. However, it is important to be able to measure the ROI of IT staff augmentation projects in order to ensure that they are delivering value for money.

There are a number of different ways to measure the **ROI of IT staff augmentation projects**. One common approach is to compare the cost of the project to the cost of hiring and managing in-house staff. This approach can be used to calculate the direct cost savings associated with the project.

Another approach to measuring the ROI of IT staff augmentation projects is to consider the benefits that the project has delivered. For example, the project may have helped the business to:

- Increase revenue
- Reduce costs
- Improve efficiency
- Launch new products or services
- Expand into new markets

By quantifying the benefits of the project, businesses can get a better understanding of the overall ROI.

**Here are some tips for measuring the ROI of IT staff augmentation projects outside India:**

**Set clear goals and objectives for the project:** This will help you to track your progress and to measure the success of the project.

**Identify the key costs and benefits associated with the project:** This will help you to calculate the ROI of the project.

**Track your progress throughout the project:** This will help you to identify any areas where you can make improvements.

**Evaluate the results of the project at the end:** This will help you to understand the overall ROI of the project and to make decisions about future projects.

**Example**
iValuePlus is a global IT services company that provides [IT staff augmentation services](https://www.ivalueplus.com/staff-augmentation/) to clients outside India. The company recently completed a project for a client in the United States. The client was looking to increase its revenue by launching a new product.

iValuePlus provided the client with a team of experienced IT professionals who helped the client to develop and launch its new product. The project was a success, and the client was able to increase its revenue by 15%.

iValuePlus was able to calculate the ROI of the project by comparing the cost of the project to the cost of hiring and managing in-house staff. The company was also able to quantify the benefits of the project, such as the increased revenue that the client was able to achieve.

**Conclusion**
By measuring the ROI of IT staff augmentation projects, businesses can ensure that they are delivering value for money. There are a number of different ways to measure the ROI of IT staff augmentation projects, and the best approach will vary depending on the specific needs of the business.