Finding and hiring skilled technical talent has become a significant challenge for companies in today’s business environment. The National Center for Education Statistics recently released a report highlighting a substantial gap between demand and the number of graduates with the necessary skills. According to the report, in 2018, only 26% of graduates in STEM fields earned degrees in computer and information sciences, which are high-demand areas for employers.
A shortage in the number of skilled developers has resulted in fierce competition among businesses, driving up the cost of hiring and making it even more challenging to recruit top-notch talent. Despite these challenges, Double Yolk has successfully scaled from $100,000 to $5 million in just 24 months by providing full-time, senior-level technical talent to fast-moving tech companies.
Use of novel engagement models
Double Yolk is a “Resource-as-a-Service” (RaaS) business that provides innovative solutions for tech startups that need to scale their product development teams quickly. Partnering with Double Yolk means gaining access to a vast pool of talent. The company can support organizations of any size, from small firms with 2-3 individuals to businesses with a staff of 20-30 people. The company can also support its clients in scaling up or down efficiently.
Double Yolk offers three engagement models tailored to meet their clients’ technical requirements. These models offer different ways of working with Double Yolk’s team of software development experts.
- Integrating Hires
This engagement model allows businesses to integrate remote IT staff into their current team structure. It is particularly suitable for those seeking an alternative to hiring staff locally. By onboarding remote IT staff, businesses can benefit from the expertise and skill sets of professionals from different regions without the logistical challenges associated with local hiring. This model can also ensure that businesses have experienced team members who can help train and onboard new offshore hires.
- Satellite Squads
This model efficiently integrates a new cross-functional agile software development team into a business’s pipeline. The squad is typically managed by a Project Manager or Technical Lead and operates as a captive unit responsible for tackling distinct projects. Regular reporting to onshore managers ensures that projects remain aligned with the overall business objectives. With the Satellite Squad model, businesses can benefit from the expertise and skills of a dedicated software development team without having to manage them directly.
- Pilot Projects
The model is ideal for businesses that require scoping of project requirements before commencing the build. A Pilot Project is typically used for one-off projects and allows firms to roll relevant resources on and off during different delivery phases. With Double Yolk’s expertise and support, businesses can identify necessary resources, minimize risk, increase efficiency, and ensure successful project delivery.
Helping businesses thrive
Double Yolk’s engagement models provide helpful insights for businesses that want to scale rapidly while still delivering high-quality software solutions to their customers, without losing sight of their core services. Double Yolk helps tech organizations to thrive in an increasingly competitive market by prioritizing speed, efficiency, and agility. By taking on more development tasks, the company allows its clients to focus on their key business objectives, optimizing operations and maximizing profit.
