Crowdsourcing plays a crucial and distinct role in developing a business concept. The basic idea of Crowdsourcing is to pool in the best of knowledge and expertise without a geographical restriction and completes a business project successfully. Business Projects are normally completed in-house, or the project is outsourced to a third-party service provider. The biggest advantages of crowdsourcing are – a) the cost of labor is comparatively less and b) the success rate of the project is much higher with an exceptional talent pool working on it.
What is the Difference Between Crowdsourcing and Outsourcing?
Crowdsourcing- It is a global concept, where there is no specific office location and the workforce can be spread across countries. The concept is not geographically restricted; moreover, there is flexibility of the workforce and working hours. The cost of the project is often decided by the output of the work. There is no specific fixed pricing system or facility associated to this concept.
Outsourcing – This is mostly an offshore project type with a limited workforce, restricted to a single location. The project is based on fixed workforce and project price. Usually there is a fixed cost decided on the outsourcing model.
Compared to the outsourcing model, the crowdsourcing concept is more flexible, and it utilizes the best of the talent required for any business type. With the flexible workforce and pricing nature, Crowdsourced projects pick higher success rate.
Crowdsourcing Gaining Momentum in the App Development Field and Its Benefits:
The advantages of Crowdsourcing an App development project are unlimited and many. With regard to an app development project, it offers a highly talented and professional app developer working on the project. Upon finalizing the app concept, the developer not just gets feedback about his app idea but he can utilize crowdfunding. Crowdfunding comes a part of crowdsourcing, where the project funding comes from a crowd, who is interested in your concept. A perfect example for crowdfunding is kickstarter.com, which is an innovative way to fund various creative projects ranging from films, games, art, technology, and more. App development project can gain momentum with crowdsourcing as it helps to develop the best of apps without certain restrictions. With flexible time, shifts, project price, and flexible resources, the chances of building a successful application is more.
