Wednesday, November 30, 2005

Intelligent Solutions: When does outsource product development make sense?

Outsourced product development has caught the imagination of the entire business world. Sometimes, an enterprise opts for outsourced product development to manage costs, boost bottom line and save time for core activities. Other times, some strategic purposes such as dispense with some centers located at critical geographical regions have bearing on the option for outsource product development.

There are several reasons can be cited for outsourcing option. But the moot question is -When does outsourcing make sense?

What are the reasons to outsource product development?

Acquiring Expertise

One of the most plausible and successful reasons to offshore product development is to acquire expertise not currently available within the company. This lack of expertise could be because of a specific, non-core activity within the company, or it could be due to sudden rise in demand that exceeds the company’s existing capability.

Building Additional Resources

One very obvious reason to outsource is to supplement the number of development teams available to complete projects. Actually, in most of the cases firms prefer to staff below their total development capabilities in order to lower costs and risk, and with outsourcing they escape the possible burden of repetitive layoffs and hiring sprees.

This approach to outsourcing, or resource expansion, works well when the company outsourcing the project understands the capabilities required to effectively outsource a development project.

Minimizing Development Costs

One very pertinent reason to outsourcing is to minimize costs involved in the development of products. Outsourcing seems to be a better and cost-effective measure, if you take into consideration all costs involved in maintaining the necessary capabilities within your company, which include:

  • Employee costs such as salary, taxes, benefits, etc.

  • Overhead expenditure on office space, desks, computer, training, software and hardware tools, etc.

  • Supporting costs on information systems, management, human resources, payroll, etc.

  • Risk costs such as downsizing costs including severance pay, legal support, etc.

In addition, certain irritating questions keep recurring such as:

  • How do we build and maintain a high quality development team within our corporate culture?

  • What traits and skills are important? Are those traits and skills available in our area of geography and expertise? How long will it take? What will it cost?

  • How many teams will we need today and should we try to staff every project internally?

In addition, organizations having internal product development resources that choose to outsource product development projects can have the following benefits of outsourcing:

  • Gaining new perspective & process

  • Acquiring quality system reviews, and

  • Gaining industry standard practices

To glean the maximum benefit, the firm outsourcing the development should have systems in place to imbibe within the lessons-learned and to integrate them into its systems where appropriate.

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Wednesday, November 16, 2005

Intelligent Solutions: Steps to Ensure Successful Outsourced Product Development

Successful launch of product development hinges heavily on cautious planning, unambiguous characterization, and effectual communication. To completely define your outsourced product development projects and accordingly map out your road to success, three primary rungs of analysis must be done with a well thought out process, comprising Product Requirements, Project requirements, and Design Requirements.

Product Requirements

It usually starts with customer or marketing requirements and flows through the system engineering and regulatory process to fully define how the product will look, feel, and perform once it is complete.

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Project Requirements

Precisely, project requirement process sketches out a clear development plan that considers and documents interface points, tools, risks, and defines how information will flow, how system will be used, and how obstacles will be overcome.

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Design Transfer Definition

The design transfer definition comes at the final step to ensure successful outsourced product development. The optimal end result from this process is a sender that fully understands the formats, templates, and best-practices expected by the receiver and a receiver that knows which outputs will be sent and in what format and timeframe to expect them.

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Bottom Line
With careful, up-front analysis of the product, project, and design transfer requirements as a critical first step, your company will be on the road to outsourced product development success.

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Sunday, November 13, 2005

Intelligent Solutions: Outsourced Product Development - Rising Phenomenon

Outsourcing today is no longer seen as an option only for repetitive, non-innovative, and non-strategic functions; it is increasingly being evaluated and regarded as a viable option for more strategic business functions. One such area that has seen new and growing interest in outsourcing is outsourced product development.

In the backdrop of speedily changing business environment, stiff competition, and declining market shares, companies have been challenged to expand into new markets, introduce new and innovative products, and apply the latest offshore product development technology to their development work.

Major outsourcing driving factors:

•Cost efficiency
•Focus on core business
•Reduce/manage risk
•Solve business process issue
•Access to technology
•Optimize application investment
•Headcount reduction
•Transfer management and maintenance
•Achieve cost variability
•Asset reduction
•Access to global expertise
•Derive incremental revenue

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Thursday, November 10, 2005

Intelligent Solutions: Optimized Articles

7 Techniques to Ensure Higher Rankings on Search Engines

Optimized articles help web sites get higher rankings on search engines. Webmasters love to link such sites which provide relevant information. To maximize the benefits of writing unique articles, it makes smart business sense to go for optimized articles to get the web site of those posted articles placed higher on search engine results pages.

Optimized Articles: Techniques
To write an optimized article, you need to apply a host of search engine techniques throughout the content of the article. Given are the 7 techniques of writing optimized articles:

Optimized Articles Technique 1
Select Targeted Keywords

Optimized Articles: Technique 2
Put Top Targeted Keyword in the Article’s Title

Optimized Articles: Technique 3
Spread the Keywords throughout the Content

Optimized Articles: Technique 4
Place Keywords in the First Paragraph of the Article

Optimized Articles: Technique 5
Incorporate Keywords in the Final Paragraph

Optimized Articles: Technique 6
Enclose subheadings with h HTML tags

Optimized Articles: Technique 7
Article submission
to online publishers

Optimized Articles fetch increased ranking on various search engines.

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