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Software Development: Outsourcing is the New Mantra for Success
They say profit maximization is the prime goal for any management team and those managers are successful enough who are capable of controlling their subordinates. In today’s web driven world, the role for managers has increased manifold. A project manager is not only responsible for bringing good amounts of projects, but also need to look after it besides making its final delivery to clients. The software industry has been going under severe competition presently and in order to sustain in the retrace, project managers are conceiving new strategies so that business goals can be achieved on the behalf of the organization without compromising on quality of deliverables. Most of the companies have chosen outsourcing as a means of achieving targets at without investing much on cost. In a recession hit economic scenario, outsource software development firms are still shoeing good amount of courage thus retaining clients.
Software development firms generally need huge investments. Resources are getting costlier and all are asking for huge pay hikes. In such a scene, outsourcing has turned into a nice way of meeting the clients’ project requirements without spending much on labor cost. Outsource software development India is now one of the biggest and most trusted software development destinations in the entire world. Compared to the USA or the UK, labor comes cheap here and companies can earn significant amount on profits keeping quality of work intact. Apart from India, China, Philippines and Thailand have now emerged as good venues for outsourcing for the European software firms.
Outsource software development firms are the best choices for all types of software development products. They have also proved to be reliable and less costly resorts for custom software application development projects. So, be it industry specific software development or application development for iPhone, outsource custom software development service providers are here to stay for a long time for sure. In the coming days, their offers and reach would be multiplied – that’s a guarantee. You just watch and see!
About the Author
I am the webmaster at www.synapse.co.in – A custom software application development company with services spectrum ranging from software development design to web development. We serve more than 500 clients across the globe with our varied range of software development services.
is there any moonlighting law in India which prevents one to own a software company while working for another?
I got an offer to join a software product development company. I was thiking of incorporating a company in India and be one of the directors. This new company is in a different domain (web 2.0 technology – socal networking, job search, education etc) than the company that offered me the Job.
I would like to know if there are any India laws that prevent me from incorporating the company and be the majority stakeholder.
How should I take this up with the prospective employer? Do I need to get written permission from them? Are there any Intellectual Property issues that I need to worry about? As far as I am concerned, there would be no conflict of interest or competition between my company and my prospective employer.
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This might be the best thought out question here in a long time.
I have been a Sr Manager in Silicon Valley startups, and now advise them so I understand your question completely.
It helps that the 2 companies are in different domains, but do you have non-compete responsibilities with the two? How about fiduciary responsibilities? Can it be foreseen that the application areas will remain separate? Could the companies conceivably be seen to be partners or customers of each other by a reasonable but informed person? could you really keep the processes you learn at one place separate from the other? What if it is something as simple as good techniques to use (or not use!) in configuration management? That could be considered proprietary information.
Not saying it is not possible to do this, but these are all areas I would think about carefully and maybe seek legal advice, because it ultimately will not be YOUR decision about if there are conflicts that counts – it will be a court’s!
As a Director of the startup, you will be putting your company’s IP and financial footing at risk with every decision you make – don’t discount the importance of getting this one exactly right!
Once you get to a certain finance stage, the agreements management has or doesn’t have in place are most certainly going to be looked at during the due diligence phase. any omissions may cost you the financing and opportunities and you might never know exactly why.
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