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The outsourced product development
concept started with the globalization of product development.
However, the massive growth and widespread adoption
of offshore IT services have created a foundation of
maturity in quality and process. Outsourced Product
Development for your company’s IT needs demands
a well –calculated and cautious approach. You
will find lots of companies in outsourcing market place
that specialize in providing services for every aspect
of product development and support. The Outsourced Product
Development market size projected for India is about
$8-11 billion by 2008 as estimated by a Nasscom-McKinsey
study. Today, the offshore outsourcing marketplace has
something for everyone, provided you know what you want
and how to get it. One should know some of the common
approaches to be adopted for outsourced product development.
The majority of people will be of the
same mind that you can't just define a project and throw
it to an outsourcer. Nevertheless, there is a common
misconception that you start out by preparing a product
specification for outsourced development. No document,
in spite of being comprehensive, can completely serve
your purpose and objective in one go. Actually it is
the actual, functional product spec, the document used
as the basis of design, that will be the result of a
process of progressive investigation and analyses, usually
marked by a string of following documents:
- Request for proposal (RFP)
- Proposal or statement of work (SOW)
- Business requirements specification and a functional
specification
Outsourcers are expected to go through
this process, and so are you, and the diligent execution
of the above-mentioned documents can only help to streamline
the robust and scalable outsourced product development
process.
An offshore outsourced product development
firm focuses on helping software companies create innovative
products for the next generation. The service provider’s
outsourced product development team understands and
is committed to meeting the unique and complex needs
of software product companies. It facilitates rapid
time-to-market at lower development costs by providing
comprehensive services in the areas of product development,
advancement, testing, implementation and maintenance.
Given are the salient features of outsourced product
development services:
- Proven Global Delivery Model, providing the benefits
of cost advantage.
- Adaptive Quality System allows for process flexibility,
while ensuring predictability.
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