Today we need Offshore Product Development because everyone wants best work in cheap rates. Offshore product development (OPD) is the form of outsourcing where product-engineering services are outsourced in the creation of a software product. Partnering with an offshore software company can significantly lower the cost of developing a product. This can directly affect the bottom line of your product development initiative. I think this is the reason why multinational companies are opening offices in different countries like Russia, India, Canada and many other countries so that they can outsource software products at cheap rates. In recent past many silicon-based companies started offshoring their product development and software development activities to locations such India, Russia, Canada etc.
India is a major country in this field of offshore product development followed by Russia and China, but other countries are also in this race like Ukraine, Vietnam, Philippines, Belarus, Czech Republic, Poland, and Hungary. Now coming to India, it is a major player of offshore product development game. Indian cities like Mumbai, Bangalore, Chennai, Hyderabad, Gurgaon, and Noida are the favorite locations for multinational companies in India. You know why India is famous place in the world for Offshore software Development ???? because india is my country and i am Rohit Tripathi
Showing posts with label Offshore Product Development. Show all posts
Showing posts with label Offshore Product Development. Show all posts
Tuesday, June 12, 2007
Tuesday, April 24, 2007
Offshore Product Development in India
Today india is the king of word in Offshore Product Development India is emerging as a favoured location for outsourced product development in the software market.
According to a report published by Frost & Sullivan, the Research and Development (R&D) outsourcing market for information technology in India is estimated to grow to $9.1 billion by 2010 from $1.3 billion in 2003—a compounded annual growth rate of 32 percent.
If the developments and research projections are anything to go by, then by 2008, the market size of the offshore product development in India is going to increase exponentially, taking the number of engineers engaged in the OPD space from 1,00,000 to 2,50,000.
OPD in India has just begun and will continue to grow in the next four years. “Global sourcing has become strategic for Indian companies which realize that it is necessary to stay competitive
According to a report published by Frost & Sullivan, the Research and Development (R&D) outsourcing market for information technology in India is estimated to grow to $9.1 billion by 2010 from $1.3 billion in 2003—a compounded annual growth rate of 32 percent.
If the developments and research projections are anything to go by, then by 2008, the market size of the offshore product development in India is going to increase exponentially, taking the number of engineers engaged in the OPD space from 1,00,000 to 2,50,000.
OPD in India has just begun and will continue to grow in the next four years. “Global sourcing has become strategic for Indian companies which realize that it is necessary to stay competitive
