| The Future of PEO (Product Engineering Outsourcing) |
| R&D Magazine had a very insightful cover story on the future of outsourcing. Entitled R&D Outsourcing Becomes More Strategic, the article reported on the result of its survey on outsourcing. Interestingly, according to the story, 51% of those who responded to the survey disclosed that the major reason for their outsourcing is the expertise of the external or outsourcing companies. Manpower comes second on their list of reasons while third is workload. A study conducted by NASSCOM and Booz Allen Hamilton on the potential of outsourcing in engineering found that there will be a great growth in engineering services by the year 2020. Read more |
| |
| Financial ISV Partnership |
| This white paper discusses the ways for financial services ISV’s to create a strategic partnership with a specialist service provider to provide a more complete product engineering-to-professional services-to-support solution to their customers that not only helps the company in its growth, but increases value by focusing the internal experts on innovation. Due to the increasing complexity of the financial instruments globalization of the customer base and increasing complexity of the regulatory environment, financial services companies are becoming increasingly dependent on cutting-edge highly functional software products to maintain their lead in the markets. Read more |
| |
| Tips for Managing Software Development |
| The success of offshore software development does not solely depend on the offshore teams. Most of the time, buyers blame the offshore teams if the developed software falls short of its expectations or totally fails. In most cases, buyers do not know that part of the success of the project depends on the proper management of the software development with the offshore team. The keyword here is “with”; which means the development of the software should be managed by BOTH the buyer and the offshore teams. According to Foote Partners study conducted over a three-year period of 90 offshore partnerships, more than fifty percent of outsourcing partnerships fail to meet the budgetary and output targets. Read more |
| |
| Secrets in Choosing a Reliable Vendor |
| The main consideration of companies when deciding to outsource is to save money. Cost efficiency is on the top of their list of things to consider for a vendor. Thus, most companies end up collaborating with different outsourcing firms to cater to their different needs. However, recent studies have shown that there is a change in this trend as more and more companies now hire service providers that offers different services and can supply most of their companies’ needs. These trends in outsourcing has made most vendors evolve into a more reliable and effective outsourcing companies. Read more |
| |
| Looking Beyond Cost Savings in PEO (Product Engineering Outsourcing) |
| Thousands of companies, whether big or small, have been outsourcing a part of their departments and/or projects for years. Today’s outsourcing industry is expected to grow by 37% annually between 2007 and 2010 because it is much more specialized compared to outsourcing a few years back. One growing specialization under IT outsourcing is product engineering. Many leading IT companies have strategically planned PEO in order to realize significant cost savings. However, most of them have gained quality and reliability as well. On the other hand, some companies have different experiences with outsourcing product engineering. Read more |
| |
