The cost structure of an offshore development center (ODC) can vary depending on several aspects:
- Infrastructure costs.
- Human resource costs.
- Communication costs.
- Technology costs.
- Legal and regulatory costs.
- Management costs.
The cost structure of an offshore development center can vary significantly depending on the above factors. However, in general, companies can save up to 50-60% of costs by establishing an ODC in a location with lower labor costs. It's important to perform a thorough cost-benefit analysis before setting up an ODC to ensure that the benefits outweigh the costs.