Outsourced Product Development

Our Outsourcing service is designed primarily for organizations that require complete outsourcing of their IT functions. As part of an overall business strategy, there are a variety of reasons organizations choose this IT strategy.

  • Some rapid growth companies need to focus all effort on growth, having the need to scale their IT function quickly, and without the time or expertise to manage IT
  • Small or midsized firms without a dedicated IT staff need the IT service levels that a dedicated staff can provide
  • Merger and acquisition related business drivers that call for a more flexible IT resource solution

We also undertake task sourcing which is the outsourcing of a specific task or set of tasks rather than complete responsibility for an entire function. Task sourcing reduces burden on existing staff and allows them to focus on higher value work efforts. This way it is a cost effective solution. It can also be used to augment your internal staff's skill sets for those skills that aren't needed on a full time basis but at the same time are critical to keeping your IT operations running.

Whatever are your business needs, we can provide your organization with a full outsourced or task sourced solution for all your information technology needs. In order to give a fillip to product development Swift Technologies, Inc. follows a proven model called "New Product Development and Introduction" which starts from identification of opportunity in the market to product sustenance.

New Product Development and Introduction (NPDI)

Peter Drucker says, "Exhaust and capitalize on all the opportunities of the existing business; start a new business".

Continuous innovation, creating something new and staying ahead of the competition will only make a foray into future. New Product Development and Introduction is the embodiment of such a philosophy.

New Product Development and Introduction (NPDI)

Peter Drucker says, "Exhaust and capitalize on all the opportunities of the existing business; start a new business".

Continuous innovation, creating something new and staying ahead of the competition will only make a company to foray into future. New Product Development and Introduction is the embodiment of such a philosophy.

To create something new requires identification of an opportunity in the market. The opportunity has to be converted into a product which finds a ready market. As Peter Drucker puts it, "One should not market a product but rather develop a product in such a way that the product itself finds a ready market". This way a demand for a product is created before its inception and customers are waiting for the product once it is out.

New Product Development and Introduction thrives to develop such a product. But product development in between involves many activities such as requirement analysis, development and testing of product concept and ultimately development of product, supply-chain management, marketing strategies etc. NPDI involves all range of these activities.

The criticality of the NPDI process is evident from the above brief description. NPDI is important because it is responsible for the ultimate value of a company. Nevertheless, the process is not understood well by many of the companies as is evident from the fact that many companies do not have a core team to look into NPDI process but rather make a single individual responsible for the whole process. This causes goal displacement which ultimately erodes value of the company.

We at Swift have a core team to help the clients to undertake NPDI process in a systematic and well planned way. As NPDI process involves most functional areas of the company, it needs an expert assistance. NPDI in effect involves change management and innovation. The change may be effected in three ways- firstly, an incremental change with minimal impact on overall process; secondly, a major change involved because of the introduction of a new product backed by market research and development; thirdly a major change involved because of the introduction of a new product but without a market research and development which involves a high risk component.

Many product development companies are failing to deliver the right products which can create their markets readily because of their failure to resolve the challenges created by NPDI. We agree that NPDI process is difficult to manage- firstly because of the uncertainty involved about the outcome and work that has to be undertaken at the beginning of the product; and secondly for many groups in the company NPDI process is disruptive causing them to interfere with processes that have been painstakingly optimized. Above all, NPDI involves strategic and financial implications which are heart and soul of any modern organization.

Lack of a core group with expertise which possesses NPDI process ownership makes an opportunity missed. Poor communication among different groups of the organization such as engineering, marketing etc adds to the frustration.

The critical capabilities required are - firstly, better portfolio strategy involving such things as the target group of customers, technology the company wishes to develop and the basis of competition such as style, reliability etc; secondly, better product management such as the product development is done within the limits of time and cost constrains; thirdly better functional execution thus avoiding costly errors. Our core team at Swift Technologies with enough expertise in NPDI process tries to correct the maladies of NPDI process by giving a practical shape to above mentioned critical capabilities.

Understanding the needs of the industry and latest developments in technology, Swift always invests on the in house Research & Development(R&D) center. Below are the few of our outcomes from our R&D team and could able to successfully attract customers. Swift mainly focuses on utilizing the open source technologies to develop new software products so that the end product cost can be reduced, reduces the development time and improves the faster time to market.