Press release
Evaluating An Outsourced Product Development Provider
Outsourced Product Development (OPD) is a means of harnessing resources, skills and expertise of an offshore product development firm for the development and maintenance of a product.Why to Outsourced Product Development?
Increasing cost pressures, changing market dynamics and the need to shorten the time-to-market cycle are some factors forcing many product companies to go for outsourcing their product development. Moreover, the success of a product is challenged due to following factors:
Shorter product life cycles
Technological obsolescence
Advancement in design and engineering technologies, and
Design and engineering complexity
How To Evaluate An OPD Provider?
The well-composed evaluation team should first assess the capabilities of a potential OPD provider before reaching at a decision to outsource product development. The outsourcing company should seek answers to the all the given questions critically important to the product development process:
Does the potential OPD provider have the competencies required to product development?
Does product engineers follow comprehensive procedures to ensure deliverables satisfactorily?
Does the developer understand the standards, regulations and governing bodies associated with the work?
Does the developer have the appropriate associations to handle the work that cannot be executed in-house?
Does the developer have compatible working styles, and values? Can the developer be a trusted, long-term partner?
What are their shortfalls? What is the impact of the shortfall?
Will management support the developer and execute their roles and responsibilities?
About OutworX
OutworX is a leading outsourced product development & engineering company providing full-spectrum software product development services to enterprises worldwide.
Headquartered in US, OutworX has a state-of-the-art Offshore Development Center in NOIDA, India. Today, OutworX is a preferred choice for a range of software product development services in the areas of New Product Conceptualization and Development, Product Re-engineering & Migration, Product QA & Testing, Product Implementation and Product Maintenance & Support.
Powered by superior technological skills acquired in a world-class learning environment, process excellence and quality frameworks, OutworX partners with many software companies, helping them to bring software products at lower development costs and with shorter time-to-market.
Outworks Solutions
US Corporate Office
3940, Freedom Circle,
Suite #209, Santa Clara,
CA 95054
Office : +1 (408) 834-4699
India Office
C-69/58, NOIDA,
UP 201301, India.
Office: +91 120 2585261
Presscontact: Praveen Kr. Panjiar
e-mail :praveen.panjiar@outworx.com
www.outworx.com
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