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Excelon Development Quadruples Growth During 2022 as Demand for Software Engineers Doubles Since 2020

download - 2023-01-04T114636.665

Bolstered by Fully Remote Work Environments and a Contracted Software Workforce 

GRAND RAPIDS, Mich., Jan. 4, 2023-Excelon Development, a leading software development, testing and placement service, ended 2022 as its best year ever, growing more than 400% and increasing both recurring revenue and gross margins nearly 10x during the calendar year.

Boosted by an economy that has an insatiable demand for software engineers and a workforce that is more than 40% working fully remotely, Excelon has been ideally crafted to match the market, even amidst large layoffs in major software hubs, including Silicon Valley and New York. Excelon specializes in contract software development, connecting accomplished developers, testers, and support staff with large and mid-sized businesses. 

“2022 was our best year yet because more software code needs to be written, tested, and supported every day. This creates demand for skilled software development while creating price competition,” said Matt Heusser, managing director of Excelon Development. “The market environment, however, is trying to decrease costs. Artificial intelligence and low-code development platforms don’t decrease demand either; they make it possible to do more impressive things with the same staff. Companies are trying to “meet in the middle,” innovating on cost and value. That is where Excelon Development comes in.” 

Among Excelon’s “winning formula” is its risk-managed view of software development, testing, and Lean Improvement. Applying practices found from Toyota, Constrain Theory, and the Lean Startup Method, the Excelon Process includes inspections, reviews, unit testing, A/B split testing, performance, security and usability, creating a holistic approach to development and testing. 

“Instead of ‘doing functional testing,’ we figure out how much time to invest in risk management and the appropriate activities for that time,” added Heusser.

According to a 2022 survey by McKinsey, the global IT outsourcing market will reach $410.2 billion by 2027 and the demand for software development and testing professionals will rise accordingly. With these trends in place, the global talent shortage for software development is set to push more companies toward Excelon during 2023 and beyond. 

ABOUT EXCELON DEVELOPMENT
Excelon Development is a leading software development, testing and placement service, providing access to contract software engineers across the United States. Excelon’s methods create industry-leading practices, resulting in custom software developed for a fair price with realistic projections. Along the way, Excelon clients receive a custom test suite, creative delivery ideas and a more clear, well-documented process. All for about the price of a freelance developer. Additional information is available at xndev.com. 

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