I want to create software for my company, and my colleagues told me that it is better to hire a dedicated development team than any other. Can you please tell me what are the advantages of such teams?

This is a partnership model with an out-sourced development team, in which the customer & the dev team work together on a long-term basis. It is one of the very favorite partnership models. And lastly, I would like to say that if you haven't found a reliable dedicated software development team to collaborate with yet, you can reach out to them https://pharosproduction.com/ .