Emergence and Growth of Offshore Product Development
The Independent Software Vendors today not only want better features in new products but also want them faster, it is imperative that they look at capitalizing on a partnership with a professional offshore product development company to beat competition, gain faster time-to-market and reduce their initial investment in-terms of time, money and effort. More important among these is the fact that an offshore product development company can assist an independent software vendor to stay competitive—which is the main necessity today. Across the industry, an intensely competitive market means shrinking product life cycles, growing technical complexities, shorter release cycles and an ever-faster time-to-market.
Benefits of Offshore Product Development
Offshore Product Development companies today are completely focused on developing products. Although offshore product development started as a tool for labor arbitrage, today, the benefits gained by independent software vendor include higher quality, development discipline and significant value addition in terms of process efficiencies and innovation.
overall research and development costs, this offshore segment will expand dramatically. Offshoring product development requires that we take ownership of the product development from architecture, system and business perspective. With help from your core business or technical team, we deliver quality product development throughout the life cycle of the product.
The Offshoring Product Development companies today offer both core and non-core services. Below are some of the services being offered:
- New Product development / definition
- Product migration and re-engineering
- Product customization
- Web-enablement
- QA and test automation, full product testing
- Product support
- Product integration / professional services
- Documentation
The Offshore Product Development companies even offer innovative prototypes and proof-of-concepts to visualize the end product. They bring in greater bandwidth to develop multiple versions of the independent software vendor product thereby enabling the ISV to gain a faster time- to-market.
Considering that the Offshoring Product Development companies today offer more than just programming services and lower costs, the independent software vendor should strategically leverage a partnership with an Offshoring Product Development to get significant value in-terms of on-demand services that will help garner a greater market share.
Hi Friends,
ReplyDeleteThis is really interesting take on the concept. Offshore product development is a strong decision on the part of the customer as he gives his dreams to the trust of someone he has not seen but just heard the voice. Thanks a lot for sharing with us...