You should hire dedicated developers when it is crucial for your project to be completed on time, or if the cost of hiring an outsourced developer is too high for your budget.
Investing in software development is also seen as a viable alternative to outsourcing software development projects. This approach can help businesses save money because they receive exactly what they need from the company that provides the developer. Furthermore, it gives companies a chance to customize their software development ideas according to their own needs and work style.
Many companies do not invest in software development because they think they cannot afford the upfront costs of paying for developing a custom application.