Indian Software Development companies are providing offshore software development since over a decade. That has matured Offshore Software Development process and now, with the rise of rupee against dollar, cost advantage is getting lesser.
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Software Outsourcing And Product Development
1. Software outsourcing and product development
Indian Software Development companies are providing offshore software development
since over a decade. That has matured Offshore Software Development process and now,
with the rise of rupee against dollar, cost advantage is getting lesser. To counter this,
Indian companies are required to offer business process consulting and product
development services rather then just providing coding services offshore. Many Indian
companies like i-Flex are trying to get a market in product development and move up in
the value chain.
With Indian companies trying to move up towards niche market, outsourcing product
development is emerging as the very attractive market for them. Software Outsourcing
for product development is the latest trend catching up and many established as well as
startup companies are going for offshore outsourcing for their product development.
Startup funded by venture capitalists asks for Indian outsourcing first. Many VCs are
funding entrepreneurs who have good knowledge of their domain and who partner with
Indian software outsourcing company to provide low cost high quality solution.
Startups who want to do product development come with just requirements and vision.
This becomes a very challenging task to create a successful product from it. And Indian
companies are getting substantial experience with offshore product development. Europe
has especially not enough skills for the product development. Many European companies
are increasing their product development to India. India has a wide talent pool.
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