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How to Choose the Best Engagement Model to Build Your Offshore Development Team

How to Choose the Best Engagement Model to Build Your Offshore Development Team

According to Statista, around $288 billion has been spent globally for IT outsourcing services. Moreover, according to a Deloitte survey, 53% of businesses outsource their IT functions. Also, as per another IT sourcing report, small businesses invest 6.1% of their IT budget in IT outsourcing, while mid-sized firms invest 4.6% and large-sized businesses invest 7.4%. The reason for these staggering figures is simple: Due to the sheer amount of benefits of outsourcing, it is highly popular across industries. It can help you reduce and control expenses, accelerate company transformation, reduce the time to market, improve your business or focus, and more. However, choosing a quality IT outsourcing provider and, most importantly, the engagement model is not easy. And, when it comes to engagement models, you will often be offered the following three models to choose from: Fixed Cost Model Time and Material Model Dedicated Hiring Model Every model has its own pros and cons and selecting the one that is best suited for your needs requires thorough analysis and knowledge. So, to simplify your decision, we will go through all three types of models with all the information you need to know about them in this article. We will thus define each model; explain when you should choose each model, and what the pros and cons are of each. So, read on. Fixed Price Model In this model, you first define the scope, requirements, and timeline and pay a pre-agreed fixed price for the final product. It is straightforward with zero or little external dependencies. You Should Choose the Fixed Price Model if: You have a short-term project, The project description is well-defined with...

Key Questions To Ask While Choosing An Agile Development Company

Any agile development project requires careful planning and consideration, so it’s worthwhile knowing some key questions that should be asked in advance of starting a successful working relationship. Agile can work to bring immeasurable success for your business, but it’s worth remembering the steps to consider, ensuring you make the most of any project. In this article, we will look at answering some key issues around choosing an agile development company. Have you completed any projects in the past similar to my requirement? Can you walk me through the process you followed? In any industry one of the first ports of call when looking to hire someone is taking into account past work experience. You need to know they’re qualified,  and this is particularly important when you’re using agile within a distributed workflow – it goes without saying that everyone must know everyone else’s skills within a team! You’ll also need to ask how long the iterations of separate projects were – look for deadlines met to fixed iterations, and feel comfortable questioning people further in long iterations are discussed. Source: Wikimedia What Project Management tools do you use? Get a sense of what tools and standardised practises the team you’re hiring has experience in. Differentiating in types of tools and whether this is a good fit for your project and company is important as it’ll allow them to become more productive and keep track far easier. PM tools such as Jira Agile, Rally and Pivotal Tracker are all multi-levelled PM tools with flexible pricing plans. At Classic Informatics, we have our own custom Agile project management tool so...

Agile Product Development Tips from an Outsourcing Company

As an agile and dynamic outsourcing company, Classic Informatics are well placed to ensure your business receives the very best service possible when it comes to product development. Our flexible engagement models are based on the requirements of the client, and in this blog we will look at some key factors and issues surrounding product development using agile methods, and focus on building a strong foundation for your project. What is Agile Product Development Agile product development depends on a clean, efficient workflow. It is based on efficient processes and creating a defined roadmap, allowing products to reach the customer faster. It is dynamic and based on what the customer needs, as well as what we can learn about the client’s market. Customer feedback loops also help to define behavior and usage analytics. Agile Production Development Tips There are a number of things worth bearing in mind if you are working in an agile environment – and a number of steps to follow to ensure that both you and your client are working in a happy and successful relationship.   Get everything in writing Agile product development is complex, and although it’s a tried and tested method of bringing products to market, there is still room for things to go wrong. Make sure you get a written record of what’s expected when, and who needs to complete certain tasks. There are likely to be multiple handoffs, email conversations and sign-offs required by many different people as the stages continue, so bear in mind that keeping everything in writing is the safest and easiest way to go.   Cut out...