How do I select the right product development outsourcing company to outsource my work?
  Selection of a product development outsourcing partner is a crucial business decision. Eventually this has to be with people you are comfortable working with and the following checklist will help you review all factors that can impact the long term success of the partnership.
  Clearly mark your goals and set standards:
  Depending on your product-to-market plan, it will help to evaluate goals and standards for the vendor to achieve, within set time frames.This gives both the parties the right level of commitment.
   
 
  • Does the prospective partner meet your Intellectual property protection criteria?
  • Do they have an acceptable Security policy?
  • Do they have a product development focus or are they an IT Generalist?
  • Does this team have the capacity to put in superhuman effort when needed?
  • Do they have the experience and understand the importance and nuances of communication in outsourcing relationship?
  • Is the partner flexible to provide the range of engagement models that can be needed to ensure success?
  • Do they have the financial strength and stability?
  • Do they have prior experience with the product development outsourcing methodologies that have worked well?
   
  Like with any other successful long term partnership, there will be unique circumstances, issues and situations that will come up over the course of the relationship. However, having thought through the most important questions you are better prepared to effectively deal with those special situations when they arise. If you are evaluating the possibility of engaging a product development outsourcing engagement or you feel you need new choices beyond your existing outsourcing relationship, drop me a note at girish.gaitonde@xoriant.com or contact any member of our client development team.