The increasing pressure from global competition has forced companies to look for the ways to reduce time to market the product and services, and to offer value added services at lower cost with improved quality. Offshore product development is confronting exactly the same concerns and hence it has no longer remained an option but has become the need of time for the businesses to respond aptly to dynamic market forces.
A study recently conducted by Sudin Apte with John C. McCarthy and Ronald J. Furstoss at Forrester has revealed that Offshore product development will be the segment with one of the fastest growth rate.
What companies should look for selecting offshore product development location?
Technology expertise available in that region
Common communication language
Cultural proximity
Suitable time difference
Economically effective TCO
If all these inputs are available then outsourcing company can benefit a lot from outsourcing their software projects to such geographies.
Pune has proved itself as the promising location for offshore software product development with all staple. In addition to that it has abundant quality software professionals graduating each year from premier technology institutions, new development projects undertaken for uplifting transport and communication modes to next higher level of standards and increased support from local and national government initiatives. Pune is having four IT parks with huge concentration of IT companies in areas varying from system and embedded development to buisness application development. Good connectivity of the city with the world is added advantage.
Some of the offshore outsourcing providers with good track record and necessary technical and quality standards certifications in offshore product development are e-Zest Solutions, Persistent, and GlobalLogic. These companies at Pune are managing complete lifecycle of multiple products for many prominenet ISVs across globe specially USA and Europe. The amiable outsourcer-vendor relationships can bring in new heights to the businesses through mutual benefits.
