Here’s the shortened version of Agile Methodology:
Agile methodology is a process of continuous iteration. In this process, the project team breaks down the project into several segments. The team interacts with the client on every segment, which in turn increases the delivering value of the project. It is a method of using the process of development of technology to proceed with the project that would lead to increase in efficiency and time.
Project management is necessary for every project to ensure whether the delivered project is correct and provides the real value against the business opportunity. It is essential to identify a business case and methods needed to calculate the ROI (Return on investments). There are different methods of project management. Let’s have a look at the most popular and conventional methods used the methodology in project management.
Agile methodology’s focus:
There are three main factors that agile methodology emphasis on, and they are: ● To improve the team and individual engagement for the tools and processes to be used in a project. ● The key factor being improving the customer collaborations. ● Adapts to an organizational change swiftly.
Why companies choose agile technology?
Companies choose agile for various reasons. Let’s have a look at a few: ● Ability to manage all the priorities that are changing as per the market demands. ● Get a clear perspective on project visibility. ● Improves the team morale and team stability. ● Reduces the risk of the projects and everything. ● Focus on business or IT alignment. ● On-time delivery of the project by time-boxed & fixed schedule process. ● Enhances the quality of the project by dividing into manageable units. ● Easy to understand the customer’s business value by giving the customer a chance to determine the priorities of the project features. Check out our video on agile technology!
Outsourcing! Let’s hit the rewind button for it. Yes, outsourcing IT services dates back to the 1980s, and it became a business strategy only in the 1990s. Initially, organizations decided to outsource projects with a notion of cost-saving measures for those functions needed to run a company. It was not related to those involving core business functions. Over the years, the process has evolved. In this internet era, needless to say, that from product to services anything can be outsourced. In this article, let’s focus on having a few insights on outsourcing IT services.
The entry of outsourcing IT services in India:
The advent of outsourcing IT services in India began in the year 1989 which led to the establishment of the software industry in India. The National Association of Software & Services Company (Nasscom) was able to rope in General Electric (G.E) for outsourcing worth $10 million from India. That’s a great head start for the Indian software market. Few of the other earliest players in this industry were Texas Instruments, American Express, British Airways, and Swissair. With this entry, other companies also began to explore their options in India as well. The IT industry suffered its share of political deals, ups & downs like any other industry but we all know the state it has reached now and let’s dig in deeper about it!
Current scenario of outsourcing IT services in India:
According to a recent study, 80% of the US & European outsourcing firms gave India the top spot for outsourcing destination. India managed to brush aside other competitive outsourcing destinations such as China, Mexico, Ireland, and the Philippines. India’s IT outsourcing services industry has a growth rate of about 25-30% per year. Want to know the magic number? Here it is! The Indian offshore industry’s worth is about 150 billion USD. No wonder they are at the top right? Now, let’s have a look at why India is the top choice for IT outsourcing services.
India as top choice for IT outsourcing services:
Unmatched technical and professional talent – India has skilled & experienced professionals who are adept in handling any project that comes their way. Most of the companies follow and work on the latest tools, methodologies, and models. This is an added advantage in the software field.
Flexible pricing options – The main reason for outsourcing IT services from India is the flexible pricing options that can save businesses up to 60% of their cost. Companies get a wide range of options to choose from according to their budgets.
Delivering top-notch services – Though the cost factor plays a major role in outsourcing IT services, the ultimate reason for the top outsourcing destination is providing top-notch services.
Well-equipped infrastructure and technology – India has a well-built IT infrastructure, and we catch up with the latest technological development very fast and provide the best IT outsourcing services to clients.
Attractive government IT policies – The Indian outsourcing industry is backed up with a strong pro-IT government providing policies that instill tax-related and other benefits.
Ranking for Global IT outsourcing destinations:
The above statistics show the list of top 20 global IT outsourcing destinations. The statistics are based on three main categories which are financial attractiveness, people skills & availability and business environment. The weight for financial attractiveness is about 40% and for people skills & availability and business environment is about 30%. Offshore industry plays a major role in the hosting country’s economy. IT & BPM outsourcing market has brought in a significant change in India’s overall GDP, making it the largest industry in India. This growth led to India’s economic transformation and to stand high in the global economy. The IT outsourcing service industry in India is expected to grow to a whopping $350 billion by 2025. Yes, it’s a complete package! Now let’s dive into the pros & cons of outsourcing IT services in the business.
Key Takeaways of outsourcing:
Outsourcing IT services have a positive impact on businesses. Let’s look at a few.
IToutsourcing companies avail quality services at an affordable price which in turn provides a mutual cash inflow to both the hosting companies. Outsourcing IT services shows a significant increase in productivity, business value, quality of service and much more.
Now one might wonder how outsourcing IT services reduce risks. The answer points to stringent data security policies that reduce the risk of substandard services and data breach. The projects are efficiently done without any mishandling of confidential data because of these security policies.
Effect on business efficiency:
By outsourcing business processes, a company saves time. Thus, it will be able to focus more on its core functions. Focusing on superior services, reduced overhead costs and time to focus on expanding the business will increase the business efficiency.
Effective resource utilization:
For the effective resource utilization, the workload is shared between the companies during outsourcing IT services. The in-house resources of the companies outsourcing can be used to work on other major business functions.
IT projects are outsourced at a lesser labor cost with no compromise in quality. Hence, outsourcing provides a cost-effective solution. Also, operational cost such as HR, payroll, administrative, power, rent, and utilities are controlled. For instance, another major cost-cutting solution is IT infrastructure. Maintaining an IT infrastructure might be a burden for many companies which can be avoided by outsourcing the IT services.
A Key player in the market:
Through strategic outsourcing of IT services, the companies get the best IT services and simultaneously it leads to increasing productivity by managing the company’s in-house resources. Thus, it allows a business to surpass competitors. It also provides a competitive edge.
Drawbacks of Outsourcing:
Although outsourcing brings in a lot of positive changes to the business, it has its share of pitfalls. Let’s look at the process that could go wrong in outsourcing IT services:
Losing managerial control- One of the biggest fears for a company during outsourcing IT services is to lose control over the company that outsources projects. The reason for this is due to the non-sync of mission & vision between the companies.
Compromise on quality- Quality issues may arise when the hosting company doesn’t have a standard procedural norm and no proper experience in outsourcing IT services. Choosing the right company avoids this issue.
Loss of confidential data– During outsourcing IT services, there is a risk that the confidentiality of the data might be compromised. Thus, companies should take proactive measures while signing the contract/agreement.
Effect on employee morale- In-house employees might be prone to the fear of losing their jobs because of the thought that eventually, every job will be taken over by the hosting company. When it comes to this issue, the management is wholly responsible for clarifying the objective and importance of outsourcing IT services to their employees.
Hidden costs- There is a chance that the hosting company might include hidden costs during the process. It can be avoided by drafting a proper contractual terms & conditions and checking whether it is legally binding.
Lack of customer focus- Hosting companies might not focus on customer-centric approach because they will be working on multiple projects at the same time. Therefore, this approach may result in delay. Also, it could lead to inaccuracies in the project. It is wise to choose a company that can give you an exclusive focus & time.
In conclusion, hope you got an idea about how outsourcing IT services works!
Maestro for outsourcing:
Now we’ll look at the reasons why you need to choose Maestro for outsourcing:
Proven Offshore Delivery model – We have delivered exceptional IT services across the globe ensuring a proven offshore delivery model.
Robust global partner network – We have an extensive network of global partners who consider Maestro, a source of strength in providing the IT services.
Time zone independent operations – We deliver services seamlessly across geographies and time.
Dedicated team – Our expert team provides great support right from the stage of initialization till the launch. Our support is extended even after delivery.
An Overview of Mobile Application Development and cost:
A tap! Yes, that’s all you need to buy a product. Mobile app development cost is discussed in detail here. With the smartphones ruling the world, it would be inefficient for businesses not to make use of it. According to a survey, more than 60% of users prefer mobile apps for buying over websites. One might wonder about the cost of mobile app development expensive without knowing the benefits of an app for their business
The worry is unnecessary if you know about the app development process and the mobile app development cost.
In this article, you will learn about the app development benefits, types/platforms of app development and many such processes. Growing together with technological development is the main factor in promoting your brand. Mobile application development is another factor.
Mobile app development has become inevitable for any business to mark its existence in the market. Let’s look into the influence of mobile apps on businesses.
Impact of App on business:
Mobile apps bring in a remarkable change in the growth of a company. Applications tend to the specific needs of the customers. Hence, they are customized accordingly. Reaching millions of users for retailers normally would be impossible without an app. For retailers/ product based businesses, an app reaches customers more than that of a responsive website.
Consider the time taken to buy a product. A tap comes to your mind right? Yes, apps are 1.5 times faster than websites, and the data retrieval in it takes place at an unimaginably quicker pace. Gearing up with responsiveness to customers comes the establishment of personal connection with customers.
A personal touch among users is vital. Wondering how to do that? Customization does the magic by creating a personalized feel to the users. Being available 24*7 takes a business process to a whole new level. To provide services without being online all the time can be done only using an automated system. By integrating the business process into an app, it can be created.
Few other perks of having a mobile app for businesses are:
Utilizing the features of the native device,
Timely Notifications & updates,
Building your brand value,
Improvement in productivity (by monitoring the sales, calculating the profit generated)
Cost effective (By implementing a warehouse management system )
Knowing the customer needs and feedback by providing an interactive platform.
That’s awesome right! Let’s have a detailed view of the platforms used in app development, their advantages, comparison and cost involved in developing.
App Development Platforms:
Standard operations performed by an application depends on a set of services known as a platform.
The main operational areas that a platform works on are:
The types of app development platforms are:
Choosing the right kind of app is important for developing an app for your business. Now folks let’s dive into the types of apps available and get a clear view on the app suited for your business needs.
Native platform or a native app are developed to work on a specified platform and operating system. These apps are coded into the native language of the device’s platform thereby increasing their performance. The popular operating systems that the native apps developed on are Google’s Android and Apple’s IOS. The coding language popularly used by developers for IOS is either Objective C or Swift whereas Android apps are generally in JAVA. A native app can optimize the performance of a device by using resources of the devices itself. Few examples of native apps are Google maps, Linkedin, Twitter.
Hybrid App is a combination of a native and web app. Unlike the other apps targeting mobile browsers, hybrid mobile app targets WebView(browser in an app) hosted by the native app.
The hybrid application has the following features:
Functioning with or without device’s connection,
Can have an integration with the device’s file system & web services
Can operate a browser for improving access to dynamic online content.
Few popular hybrid app examples are Instagram, Basecamp, Yelp, Untappd.
A web application has similar functionality to that of a desktop app or a mobile app. It is an application program stored in a remote server and delivered to us when prompted. Web apps use a single code base as they are not designed for the specific device purpose. They are fast & simple to build.
The most popular web app platforms are Angular, Django, Laravel, Ruby on Rails, Symfony, Yii, MeteorJS. Web app generally uses BuildFire.js, Python, Java, and PHP for coding.
Google Docs, Netflix, Flipkart, Bookmyshow, Olx, Pinterest are few noteworthy and progressive web apps in the market.
Hope you got an insight about the app types. The business owner has to decide on the app to be developed considering the end user’s needs & satisfaction. For example, if your eCommerce website needs revamping then a mobile app comes into action. Building an app depends on business types and needs. Let’s look into the comparison of the three apps.
A brief comparison of the types:
Taking native vs. hybrid app development into consideration hybrid apps don’t work in offline mode (works only with an internet) whereas native apps can operate in offline mode. The developing cost difference between these are minimal. As a result, the cost won’t be a factor for app building. The development pace for hybrid apps is high. Hence, these apps are preferable when the time is less.
Now taking native vs. web app development into consideration, the native apps are faster & responsive because the data retrieval is faster. A web app uses a single code and so easier & quicker to build. Web apps are not versatile and as fast as native apps.
Mobile App Development Cost:
A Mobile app business can be developed at a minimum of $700. The mobile app development cost depends on business requirements and the nature of the app.
A native app can be a cost effective app. The native app works on a particular platform. If native apps of two different OS say android and IOS are developed separately, then the cost will be more. For developing a multi-platform app, cross-platform framework comes into action providing with a cost-effective solution. As specified earlier, mobile app development cost varies according to business needs. However, it’s wise to know about the app development process
Demographic view on mobile app development:
Demographic view on app development is a brief statistics on mobile app downloads that will blow your mind! The figure below depicts the mobile app downloads worldwide in the year 2017, 2018 & prediction for 2022.
Astonishing stats, right? Yes. It gives you an overall number of app downloads. Imagine the volume of apps created. Subsequently, smartphones are ruling the world! Knowing what users like and implementing it in your business is vital. It will build a special bond and trust among the customers. With the stats above you would have got a view about users inclination towards app.