13 Tips To Attain Competitive Edge With Offshore Product Development - IQVIS Inc.

13 Tips To Attain Competitive Edge With Offshore Product Development

Offshore Product Development (OPD), assists Independent Software Vendors (ISVs) and software product development companies encompassing startups in releasing their valuable resources from development and focusing on their core tasks. The main aim is to look for the help of a third-party service provider. Enterprises collaborate with such providers and withstand a long lasting relationship during the complete product development lifecycle.

Here are 13 tips to attain competitive edge with offshore product development.

1. Choose Expert Offshore Teams.

The main factor in offshore product development is setting up remote teams. You must choose the teams sensibly, by evaluating the skill sets of the required technology. Make sure that offshore teams are expert at assuming project ownership.

2. Do Proper Evaluation Of Language and Culture.

It is important for Offshore Product Development partner to be capable of communicating in English or any other preferred language. Thorough understanding of business requirements also plays a significant role in gaining the competitive edge with OPD.

3. Select Correct OPD Tools.

The constant challenge for B2B enterprises is managing offshore teams. Correct tools for communication like Skype, Google Drive, etc. assists is managing offshore teams competently. Teams may use Invoicera and Jira to analyze complete time management and productivity.

4. Managing Time Zones.

Companies must set out a full-time resource to monitor offshore teams. It is advised that you should decide an appropriate time for meeting offshore teammates taking into consideration various time zones. You must get access to daily reports to comprehend the attained output levels. Product briefing should also be proper for a successful project.

5. Look For An Appropriate Product Development Methodology.

One of the famous methods utilized by offshore product development companies is creating agile software. It guarantees on-time distribution of successful projects. Main features of agile product development encompass:

  • Fast target delivery while a product is being developed
  • Regular deliveries in sprints also called short cycles
  • Day-to-day communication of the development and ensuing course of action
  • Self-organized teammates who are encouraged to deliver the project effectively

6. Analyze Stages Of Development.

Consistency in analyzing and reviewing the development stages is important for effective delivery. It is a normal industry exercise to enhance the present quality level. Just make sure all the changes are checked methodically and are steady with desired necessities. You should recheck the product’s quality at fixed breaks to identify any rare problems.

7. You Should Inspect Product Development Progress.

– Check the code methodically and make sure the product design meets the anticipated results

– Reusability mechanisms should be checked prudently

– Usability of formerly solved problems

8. Protection of IPR.

Every company invests the huge amount of money in a project. When you are finding an OPD partner, it is important for you to assess the partner’s track record systematically. Safeguarding IPR is important in a creating a successful product.

9. Assess Your Partner’s Experience.

Assess partner’s experience in the development of the preferred product category. It will lead to enhanced results.

10. Attain Knowledge Regarding Your Partner’s Infrastructural Capabilities.

You should also seek knowledge about your partner’s infrastructural capability. Look for the information regarding vendor’s facilities, and work culture prior to selecting it.

11. Quicker Time-to-market.

Quicker time-to-market is usually dependent on market conditions. From this time, you must strategize the phases of product development consequently. Project time limit and delivery time must be decided sensibly.

12. Define Scope of Work.

It is important that you define the scope of work that is to be performed by the offshore product development partner.

13. Sign NCA & NDA.

NCA and NDA are abbreviations used for Non-competing Agreement and Non-disclosure. Always remember to sign these agreements with your Offshore Product Development partner to guarantee project security.

Conclusion

After viewing the discussion above, it can be concluded that OPD reduces costs and risks, focuses on main activities, provides quicker time-to-market, and enhanced infrastructural activities. Hence, if these thirteen best practices are incorporated, on one can stop you from attaining competitive advantage.

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