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Tuesday, April 26, 2011
What is cloud computing?
We're hearing the term everywhere, but what does it really mean? And how is it going to revolutionise business?
The "cloud" is the internet, and the term is fitting – it's large, out there somewhere, and fuzzy at the edges. Cloud computing is about putting more of your material out there and less on PCs or servers that a business runs for itself.
You can do this in many ways, but with every vendor claiming to do cloud computing in some form it has become confusing. It is worth understanding terms such as SaaS (software-as-a- service) and PaaS (platform-as a-service) so as to evaluate vendor claims. There are radical differences between the various forms of cloud computing, and they do not all offer the same benefits.
Below and in the accompanying glossary we attempt to answer common questions and explain baffling terms about this new area of computing.
Q: What's the point of cloud computing?
Reasons vary, but often include the desire to outsource the maintenance burden of servers and applications; the need to scale systems up or down on demand; the benefit of being able to access your data from anywhere with an internet connection; and the ability to replace occasional heavy expenditure on IT with regular and predictable operational expenditure.
Q: What is utility computing?
The idea that businesses should not be spending effort and money on installing and maintaining complex hardware and applications, when a specialist can supply those same services on a pay-as- you-go basis. Businesses do not generally generate their own power – utilities are bought when needed. In the same way, the argument runs, essential IT services can be managed better externally.
Q: What is software-as-a-service (SaaS)?
Pre-baked services that you access simply by navigating there in a web browser. Google Mail and Google Docs are examples of this kind of cloud computing.
Read More At:
http://www.guardian.co.uk/cloud-computing/what-is-cloud-computing
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Monday, April 18, 2011
What is Outsourcing?
Outsourcing refers to a company that contracts with another company to provide services that might otherwise be performed by in-house employees. Many large companies now outsource jobs such as call center services, e-mail services, and payroll. These jobs are handled by separate companies that specialize in each service, and are often located overseas.
There are many reasons that companies outsource various jobs, but the most prominent advantage seems to be the fact that it often saves money. Many of the companies that provide outsourcing services are able to do the work for considerably less money, as they don't have to provide benefits to their workers and have fewer overhead expenses to worry about.
Outsourcing also allows companies to focus on other business issues while having the details taken care of by outside experts. This means that a large amount of resources and attention, which might fall on the shoulders of management professionals, can be used for more important, broader issues within the company. The specialized company that handles the outsourced work is often streamlined, and often has world-class capabilities and access to new technology that a company couldn't afford to buy on their own. Plus, if a company is looking to expand, outsourcing is a cost-effective way to start building foundations in other countries.
Read More At:
http://www.wisegeek.com/what-is-outsourcing.htm
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
There are many reasons that companies outsource various jobs, but the most prominent advantage seems to be the fact that it often saves money. Many of the companies that provide outsourcing services are able to do the work for considerably less money, as they don't have to provide benefits to their workers and have fewer overhead expenses to worry about.
Outsourcing also allows companies to focus on other business issues while having the details taken care of by outside experts. This means that a large amount of resources and attention, which might fall on the shoulders of management professionals, can be used for more important, broader issues within the company. The specialized company that handles the outsourced work is often streamlined, and often has world-class capabilities and access to new technology that a company couldn't afford to buy on their own. Plus, if a company is looking to expand, outsourcing is a cost-effective way to start building foundations in other countries.
Read More At:
http://www.wisegeek.com/what-is-outsourcing.htm
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Tuesday, April 12, 2011
The Future Of Outsourcing
How it's transforming whole industries and changing the way we work
Globalization has been brutal to midwestern manufacturers like the Paper Converting Machine Co. For decades, PCMC's Green Bay (Wis.) factory, its oiled wooden factory floors worn smooth by work boots, thrived by making ever-more-complex equipment to weave, fold, and print packaging for everything from potato chips to baby wipes.
But PCMC has fallen on hard times. First came the 2001 recession. Then, two years ago, one of the company's biggest customers told it to slash its machinery prices by 40% and urged it to move production to China. Last year, a St. Louis holding company, Barry-Wehmiller Cos., acquired the manufacturer and promptly cut workers and nonunion pay. In five years sales have plunged by 40%, to $170 million, and the workforce has shrunk from 2,000 to 1,100. Employees have been traumatized, says operations manager Craig Compton, a muscular former hockey player. "All you hear about is China and all these companies closing or taking their operations overseas."
But now, Compton says, he is "probably the most optimistic I've been in five years." Hope is coming from an unusual source. As part of its turnaround strategy, Barry-Wehmiller plans to shift some design work to its 160-engineer center in Chennai, India. By having U.S. and Indian designers collaborate 24/7, explains Vasant Bennett, president of Barry-Wehmiller's engineering services unit, PCMC hopes to slash development costs and time, win orders it often missed due to engineering constraints -- and keep production in Green Bay. Barry-Wehmiller says the strategy already has boosted profits at some of the 32 other midsize U.S. machinery makers it has bought. "We can compete and create great American jobs," vows CEO Robert Chapman. "But not without offshoring."
Read More At:
Read More At:
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Tuesday, April 5, 2011
Payroll Outsourcing Gains Momentum in Russia
Payroll outsourcing is a global solution, one of the first measures to be proposed when internal processes undergo review and optimization. The business model sprang to life about 80 years ago in the United States and is now widely applied around the world. Recent research indicates that 70 percent of U.S. and European companies have outsourced their payrolls, although in Russia the outsourced payroll market is relatively young, dating back to the mid-1990s.
This means that the outsourced payroll market in Russia has been around for 15 years, which could be considered to be reasonably advanced. However, according to the first survey of this sector, by the Russian rating agency Expert in December 2010, outsourcing as a payroll solution remains relatively small (worth some $20 million a year) though growing by some 15 percent per year. While payroll services are provided by major finance and accounting groups outside the scope of their core businesses, there are very few specialized outsourcing companies operating on a larger scale. It was foreign-led providers like Intercomp Global Services who pioneered payroll outsourcing, along with other types of business process outsourcing in Russia.
Read More At:
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Monday, March 28, 2011
What Is The Value Of Outsourcing ?
Outsourcing can have its benefits, but how often do we bother to measure the actual value of our outsourcing relationships? Or the innovation that it delivers? In Europe, at least, the answer is: not very often.
This week, Warwick Business School (UK) released a study (sponsored by Cognizant) looking at European C-suite attitudes to outsourcing. The study encompassed 250 CIOs and CFOs across Benelux, France, Germany, Switzerland, the Nordics and the UK.
The majority of respondents (70%) say they believe that innovation achieved through outsourcing contributes to their company’s financial performance, but only 35% admit to measuring the innovation that their outsourcing partner delivers.
Read More At:
http://blog.pharmtech.com/2011/03/25/what-is-the-value-of-outsourcing/
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
This week, Warwick Business School (UK) released a study (sponsored by Cognizant) looking at European C-suite attitudes to outsourcing. The study encompassed 250 CIOs and CFOs across Benelux, France, Germany, Switzerland, the Nordics and the UK.
The majority of respondents (70%) say they believe that innovation achieved through outsourcing contributes to their company’s financial performance, but only 35% admit to measuring the innovation that their outsourcing partner delivers.
Read More At:
http://blog.pharmtech.com/2011/03/25/what-is-the-value-of-outsourcing/
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Wednesday, March 23, 2011
India IT outsourcing firms to see up to 5% increase in billing rates
Inflation and wage increases pushing prices up, according to Economic Times.
Indian software firms Tata Consultancy Services Ltd., Infosys Technologies Ltd., Wipro Ltd. and HCL Technologies Ltd. are likely to see a rise of up to 5% in billing rates charged to outsourcing contracts, the Economic Times reported Tuesday.
Read More At:
http://www.totaltele.com/view.aspx?ID=463475
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
The companies are seeking to raise billing rates for outsourcing contracts, mainly due to rising wages, inflation, and attrition of key staff, the newspaper said, citing unidentified sources.
The report said some of the larger contracts outsourced by customers such as Citigroup Inc., JPMorgan Chase & Co., Telstra Corp. Ltd., Wal-Mart Stores Inc. and American Express Co. are seeing rates at least 1%-3% higher compared to rates three years ago, the report said, citing an unidentified executive.
Read More At:
http://www.totaltele.com/view.aspx?ID=463475
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Monday, March 14, 2011
Agile development methods avert costly failures
Part of a wider IT cost transparency drive would typically involve an analysis of the money spent on software licensing costs, but it should also pay close attention to how much individual government departments pay for bespoke application development, either to their own in-house programmers or external software houses.
The litany of high-profile failed software development projects – think NHS National Programme for IT as one example – suggests a large amount of money in both public and private sector organizations is often wasted on software that is delivered too late, over budget or not fit for purpose by the time it arrives in users’ hands.
Statistics compiled by the Standish Group in its annual Chaos summary suggest that in 2009, nearly one in four (24 per cent) IT projects within public and private sector organizations across the globe were considered failures, either having been canceled before they were completed or delivered but never used.
Gartner figures from 2008 also suggest a 20 per cent failure rate on average, with 25 per cent of those applications falling down on functionality issues, 15 per cent because of cost variations, 20 per cent due to cancellation and 18 per cent because they were delivered too late to be of any use.
“This is not getting any better despite all the money being thrown at the problem,” says Peter DuPre, chief solutions architect at application life cycle management and testing firm Micro Focus. “We would hope that software project failures turn around – we don’t have all the answers, but we do have ideas.”
One of those ideas is for more public sector organizations to switch away from traditional software development management structures – such as waterfall or cascade – towards an agile software development methodology now used in 70 per cent of Micro Focus’ projects, both internally and for its clients.
“This is not getting any better despite all the money being thrown at the problem,” says Peter DuPre, chief solutions architect at application life cycle management and testing firm Micro Focus. “We would hope that software project failures turn around – we don’t have all the answers, but we do have ideas.”
Read More At:
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Monday, March 7, 2011
Firms outsourcing entire hiring to private recruiters
With all-time high attrition rates and shortage of skills making companies go into a hiring mode, recruitment process outsourcing (RPO) services are gaining popularity in India.
Companies such as MphasiS, Wipro, Accenture and others are outsourcing a big chunk of their hiring process to recruitment services vendors to bring in more efficiency, both in terms of candidate appraisal and costs. It also helps them cut overall recruitment time.
Amitabh Das, founder and CEO of recruitment services firm Vati Consulting, says Indian customers are now moving beyond outsourcing just the CV appraisals and asking them to screen candidates till the final round.
This, he says, is because companies want to concentrate on their core business. Also, with RPO services, recruitment processes and HR requirements get more streamlined for the customers.
“With the recovery in the economy, firms are now expanding their business, and recruiting quality manpower has become an arduous task for them. This is making them outsource most of the processes to a third-party vendor,” he said.
Read More At:
http://www.dnaindia.com/money/report_firms-outsourcing-entire-hiring-to-private-recruiters_1517011
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Read More At:
http://www.dnaindia.com/money/report_firms-outsourcing-entire-hiring-to-private-recruiters_1517011
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Wednesday, March 2, 2011
More Asian firms eye R&D outsourcing
Businesses operating in Asia are becoming more open to outsourcing core capabilities such as research and development (R&D) in a bid to derive greater operational efficiencies. But, industry watchers warn that these companies should take care when doing so.
The Economist Corporate Network (ECN) revealed last month that product development and product design were the least likely to be outsourced or considered for business process outsourcing (BPO) among companies with Asian operations. The study was based on a survey of over 130 companies in various verticals, of which 2.4 percent were from the IT sector.
However, the ECN report noted that the number of enterprises evaluating the potential of outsourcing product development and design, exceeded or was comparable with those that indicated likewise for human resource administration or finance and accounting. Part of The Economist Group, the ECN is a membership-based service that provides analysis on economic and business trends.
Ross O'Brien, director of the ECN in Hong Kong and author of the report, revealed that the company's tech industry clients were indeed stepping up engagement with third-party providers for R&D processes.
ECN clients, typically large multinationals, "deploy in-region R&D to help them create a virtuous cycle", he told ZDNet Asia in an e-mail interview.
"[A] locally-developed product, which responds to application needs, form factors and price-points of Asian markets, is increasingly needed as tech companies depend on sales in Asia to shore up their global growth objectives," explained O'Brien.
Jens Butler, Ovum's principal analyst for IT services in the Asia-Pacific region, concurred. He noted in an e-mail that there is "certainly an increase in BPO interest" among tech organizations of core capabilities such as R&D.
However, Butler added that companies tend to be selective about the R&D aspects to outsource, where the focus is usually on functions such as testing rather than the actual design and architecting of products and services.
R&D outsourcing not for all
Rolf Jester, Gartner's Distinguished Analyst and Asia-Pacific vice president for IT services, noted in a phone interview that there is a "decent amount of external R&D" being carried out in the industry today.
According to Jester, it is common for major software vendors to have outsourcing partners involved in product engineering. Mobile manufacturers also look to companies in China and Vietnam, for example, to develop embedded software, he said.
Sydney-based Jester added that one factor that could encourage businesses to outsource R&D is that a product has reached "commodity-stage" or is a common product with a large pool of providers.
Read More At:
http://www.zdnetasia.com/more-asian-firms-eye-r-d-outsourcing-62206824.htm
Read More At:
http://www.zdnetasia.com/more-asian-firms-eye-r-d-outsourcing-62206824.htm
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Monday, February 28, 2011
10 ways IT can prepare for an industrial revolution
Established IT systems and operations are quickly becoming impractical and obsolete as technology complexities grow, combined with the realities of post-recession economics. To successfully respond to these changing forces, infrastructure and operations professionals must take action, by using the disruptive economic events of the recession to their advantage. How? By "industrializing" the infrastructure and operations department, following the lessons of other business movements that have industrialized processes to achieve more efficient business outcomes and sustainable competitive advantage. This means enhancing and innovating standard systems, services, automation tools, and other time-saving processes that will allow for increased productivity.
But, in order to prepare for this industrial revolution of I&O, the behavior of team members must be altered to reflect the new goals of simplified standardization. In short, IT workers must be taught to abandon their love affair with complexity. So when IT workers begin to explore a project or idea, it's important to ask them two questions to avoid too much complexity playing a role: 1) Will this increase complexity? And 2) Can we hide any additional resulting complexity? If automation, process improvements, or other steps can effectively hide complexity, then the project is likely worthwhile. But if not, the request should be denied.
In addition to reshaping institutional behavior, successful industrialization efforts must focus on meeting three goals: high productivity, high quality, and high flexibility. To get industrialization right, I&O professionals can focus on 10 key steps that will ensure the necessary standardization, development, automation, and optimization of industrialized services:
1. Standardize technology platforms. Fewer components mean more efficient operations, because minimizing variance means minimizing confusion. I&O teams should look to cloud providers as examples of infrastructure standardization. It will be important to learn to reduce platforms where standardization is not possible or start with new services to save the trouble of dealing with legacy platforms. This effort must be collaborative between I&O, application development, enterprise architecture, and all other critical stakeholders.
2. Standardize processes. In order to industrialize I&O processes, the methods of performing work must become repeatable services. ITIL v3 can be used as a starting point, and supplemented with other guidelines such as COBIT and Six Sigma where necessary.
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Wednesday, February 23, 2011
Outsourcing: the next generation
Will India remain the outsourcing hub as CIOs seek value-added partnerships?
CIOs are re-assessing their relationships with providers of technology and services and in particular their relationships with outsource service providers. Analysts and CIOs have explained to CIO UK the changing nature of their operations and why this is in turn changing the demands they place on the outsourcing community.
“We as leaders of the industry now look at growth opportunities in the next 18 months,” says Myron Hrycyk, CIO at Severn Trent Water. “Our sourcing plans now have to include capabilities that let us scale, adapt, be agile, flexible and deliver rapidly.” In the recent past an outsourcing deal was expected to deliver results within a timescale of two to three years, Hrycyk says.
Cost is still a big component for the utilities CIO, but it now comes second to the forward thinking he wants an outsourcer to provide his company.
Hrycyk says that smaller, shorter-duration selective outsourcing deals secure both best of breed and greater commercial flexibility for the organization.
“It also injects a degree of competition between their sourcing partners. More importantly, it allows the CIO the flexibility to keep pace with the changing business demands, make changes in the delivery or commercial arrangements or include new technologies, which may not have existed at the start of the engagement,” he says.
Duncan Aitchison, President and Partner at outsourcing advisers TPI says that the more mature outsourcing markets in the US and UK have led the move towards this multisourcing model. This, he says, is in direct response to the perceived limitations of the earlier large, bundled, single vendor IT outsourcing agreements.
The Indian service providers, with their access to a scalable workforce, are well placed to answer the latest demands of the CIO, says Ian Marriott, Research Vice President at Gartner.
Recent analysis of the major outsourcing players in India suggests they are performing well and continue to win deals from with western IT leaders.
Read More At:
http://www.cio.co.uk/article/3261793/outsourcing-the-next-generation/
Recent analysis of the major outsourcing players in India suggests they are performing well and continue to win deals from with western IT leaders.
Read More At:
http://www.cio.co.uk/article/3261793/outsourcing-the-next-generation/
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Monday, February 21, 2011
Indian software and services sector expected to grow: Nasscom
Nasscom has released the key findings of the Indian IT-BPO sector performance for FY 2010-11. Amidst speculation and an uncertain global economic environment, the Indian IT-BPO industry once again exhibited buoyancy and maturity, reflected through a strong customer demand in FY 2010-11.
The IT-BPO industry (excluding hardware) witnessed a quick rebound in growth and is estimated to grow by 19 %, aggregating revenues of $ 76 billion this fiscal year. While exports continued to be the mainstay of the industry with revenue of $59 billion, the domestic market demonstrated steady growth of 16 % to aggregate Rs. 787 billion. Direct employment is expected to reach nearly 2.54 million, an addition of 240,000 employees. As a proportion of national GDP, the sector revenues are estimated 6.4 per cent in FY2011.
Read More At:
http://www.expresscomputeronline.com/20110221/news06.shtml
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Monday, February 14, 2011
Big giants to outsource IT projects to India
America’s top banks including Citigroup, JP Morgan and Bank of America are set to outsource IT and back office projects worth nearly $5 billion this year to India, as they seek to lower costs of complying with new regulations and integrate banking systems.
According to at least a dozen senior executives at Tata Consultancy Services, Infosys, Wipro, HCL and Cognizant, apart from outsourcing consultants advising these banks, new investments in compliance and regulatory norms, apart from ongoing integration with acquired assets are among top drivers for this spend.
Read More at:
http://economictimes.indiatimes.com/tech/ites/citi-bofa-jpmorgan-to-outsource-5-bn-of-it-and-back-office-projects-to-india/articleshow/7490712.cms
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
According to at least a dozen senior executives at Tata Consultancy Services, Infosys, Wipro, HCL and Cognizant, apart from outsourcing consultants advising these banks, new investments in compliance and regulatory norms, apart from ongoing integration with acquired assets are among top drivers for this spend.
Read More at:
http://economictimes.indiatimes.com/tech/ites/citi-bofa-jpmorgan-to-outsource-5-bn-of-it-and-back-office-projects-to-india/articleshow/7490712.cms
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Monday, February 7, 2011
World's best outsourcing destination - India
India remains the favorite back-office of the world thanks to its "first-mover advantage" and deep skill base, as per global management consulting firm AT Kearney's ranking of the best outsourcing destinations.
The top three slots in AT Kearney's 2011 Global Services Location Index (GSLI) are occupied by three Asian countries: India, China and Malaysia.
Read More At:
http://economictimes.indiatimes.com/tech/ites/india-worlds-best-outsourcing-destination-at-kearney/articleshow/7442397.cms
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
The top three slots in AT Kearney's 2011 Global Services Location Index (GSLI) are occupied by three Asian countries: India, China and Malaysia.
Read More At:
http://economictimes.indiatimes.com/tech/ites/india-worlds-best-outsourcing-destination-at-kearney/articleshow/7442397.cms
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Tuesday, February 1, 2011
IT outsourcing success story - Wikipedia
Business managers weighing up the advantages of in-house technology teams against the benefits of IT outsourcing have been urged to look at one of the web’s most popular information sites for inspiration.
Writing for Cambridge News, author Anne Miller described the user-generated portal Wikipedia as a “fascinating example” of how outsourced teams can work accurately and efficiently to achieve phenomenal success.
“A recent study showed that its articles were as accurate as Encyclopaedia Britannica and when errors were identified they were corrected more quickly,” she added.
Ms Miller went on to say that the key to Wikipedia’s success – with around three million active volunteers contributing to it daily – is a simple technological framework.
She suggested that it works much in the same way that a straightforward IT outsourcing deal can boost a company’s flexibility and free up time for other management tasks.
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Friday, January 28, 2011
H-1B To Displace U.S. High-Tech Workforce
The U.S. visa programs that allow companies to hire skilled foreign workers is "out of control" and is costing Americans hundreds of thousands of jobs, according to an analysis from the Economic Policy Institute. The H-1B and L-1 visa programs currently account for 1 million guest workers in the United States. Many of these foreign workers are employed at companies that have embraced offshore outsourcing of high-wage, high-tech workers as their primary business model.
The top four companies that use the H-1B visa to staff their U.S. operations are Indian outsourcing firms: Infosys, Wipro, Satyam and Tata Consultancy Services. By bringing in cheap Indian workers, these companies avoid hiring Americans and are able train workers for when they are sent back to India. They are also decimating one of America's most important industries: IT services.
Read more at:
http://www.manufacturingnews.com/news/newss/outsourcing111.html
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
Thursday, January 27, 2011
What is "Outsourced Product Development"?
When I have searched on Google about this. I found following information.
Why Outsource Product Development?
With heightened customer demand and ever increasing pressure to cut down product cost and crunch time to market, ISV can remain competitive only by:
With heightened customer demand and ever increasing pressure to cut down product cost and crunch time to market, ISV can remain competitive only by:
- Reducing Product Life cycle
- Preventing product from reaching a stage of technology obsolescence
- Building modular, tightly integrated product to add on functionality
Moreover, product development also involves analyzing competitors, defining product/technology road maps, planning early releases, testing through different approaches, targeting industry trends, spotting trends in technology usage and acceptance, pricing, marketing and promotion, finding add-on features etc. In the entire value chain of product development, "core product development" execution contributes less than 20% of value but takes away as much as 80% of the management time. This is where profitability of companies still concentrating on developing products in-house takes a hit.
According to studies, profitability is directly proportional to crashed time-to-market and number of release and indirectly proportional to number of bugs.
Product Profitability = K *(Shortened time)*(Number of releases)/(Number of errors)
By outsourcing product development, companies are able to shorten time-to-market, increase number of releases, decrease bugs. The value K is the value factor which outsourcing service provider further brings to the table.
By outsourcing product development, companies are able to:
- Obtain additional expertise
- Put together additional resources
- Reduce development costs
- Crash product road maps, and above all
- Boost bottom lines by focusing on new competencies
The above information is taken from:
http://it.toolbox.com/wiki/index.php/Outsourced_Product_Development
Read more about Outsourced Product Development (OPD):
http://www.networkmagazineindia.com/200703/vendorvoice03.shtml
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
http://www.networkmagazineindia.com/200703/vendorvoice03.shtml
e-Zest Solutions Ltd. is an ISO 9001:2008 certified & SEI CMMi Level 3 software outsourcing company with expertise and focus on outsourced product development/ product engineering solutions and enterprise custom application development.
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