December 2, 2024

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The Techno Universe

The Offshore Software Development Company – Next Wave

While policy makers and economists struggle to put together a long term plans to fire fight the crises, business needs immediate, effective solutions to the operational problems that they face, daily, some of which are:

• Cash crunch

• Expensive, and mostly unavailable human resources

• Aging population of senior cadre of technology experts, due to retire

• Difficulty in scaling up, scaling down due to immigration laws, union policies, business cultural attitudes

• Among other pain points

In today’s networked world, companies that are not operating from the Internet, or from desktops are at a clear disadvantage.

The offshore software development company is in the forefront of the new wave of solutions that address these issues, which are most acutely felt in the West. Professional research groups, such as Gartner, point to offshore software development in India as a hub of growth for offshore software companies, and product development companies. Other centers include Ireland, Canada and Israel, and to an extent, South Africa and Brazil.

The need for an offshore software development company is felt primarily by Independent Software Vendors (ISVs), Software As A Service (SAAS) enterprises, Software Enabled Companies, and non IT companies. ISVs are either entrepreneurs or established companies, whose business is to spot a market opportunity for software, and develop and market the software. SAAS enterprises are companies such as salesforce.com, whose software provides muscle to sales teams around the world. Software enabled companies are those whose business is enabled by, especially web based software, such as travel and hospitality portals. And, there are non IT companies whose offerings include some form of customized software as a value added service for their customers.

Present estimates place the market opportunity for offshore software development companies at US$350 billion, and growing.

The services that are provided by a typical product development company in India include, but are not limited to:

• New Product Development

• Product Enhancement, Patches

• Product Migration, Extensibility

• Sustenance

• Product integration

• Testing and QA of products

• Maintenance of existing products

This article is contributed by BrickRed Technologies, headquartered at a state-of-art offshore development center in a Tier I offshoring city, Noida, Delhi. Every day, some of the world’s most hardworking organizations rely on our software and engineering skills to serve their customers safely, securely and reliably. With offices in the US, UK and Dubai, BrickRed provides services for end-to-end development of commercial grade software products and applications to start ups, emerging and established technology companies and IT enabled organizations. Our work has been endorsed by leading industry experts: The Black Book of Outsourcing, Red Herring Asia, Deloitte Fast 500, and Microsoft, among them.