Tactiq Outsourcing - Software Electronics and User Interface product development

Outsourcing facts
Outsourcing of software and electronics product development has grown dramatically over the past 15 years and has proven to be a key element of many companies success. The top five reasons for companies choosing to outsource are:

1. Reduce and control costs.
2. Improve company focus.
3. Gain access to world-wide capabilities.
4. Free internal resources for other purposes.
5. Resources are not available internally.

Source: Survey of Current and Potential Outsourcing End-Users - The Outsourcing Institute.

Partnership
Selecting the right partner is repeatedly sighted as the most important factor for successful outsourcing. When choosing an outsourcing provider, companies rate the importance of top ten factors as follows:

1. Provider expertise/capability (86%)
2. Flexibility (81%)
3. Cost/Price (78%)
4. Industry Knowledge (75%)
5. Ability to earn trust (74%)

6. Reputation (69%)
7. Culture fit (55%)
8. Creativity (51%)
9. Team members (50%)
10. Global Reach (39%)

Source: Driving High Performance Outsourcing; Best Practices from the Masters: Accenture 2004.

It is clear that Expertise, Flexibility and Price are of prime importance, but softer factors such as Trust and Culture fit are also significant and must not be overlooked.

Lower your total cost and your risk
Low engineering costs in China, India and Eastern Europe can initially appear very attractive and have proven to be effective for certain applications and projects. However, outsourcing critical software and electronics development projects in this way brings a number of risks:

- Can your engineering partner correctly interpret and actually help derive your product requirements?
- Do they have the skills to design a product that meets your demanding requirements and business goals?
- Will they develop a product on time that meets with your expectations?
- Do they share in the risk and offer fixed priced contracts to set deliverables?
- Do you have the experience and expertise to effectively manage an outsourced project?
- Can you guarantee your engineering partner will be flexible and responsive to meet your changing needs?

The key is to ensure your partner consistently adds real value, lowers your risk and maximises your profitability through efficient and timely designs. Not only is speed to market vital but also getting the product right first time and ensuring a platform approach is taken to maximise flexibility and reduce longer term R&D cost.

Tactiq has an excellent track record for the rapid, cost effective development of high quality, demanding products. We take the time to truly understand the client and product needs and use our engineering and project management expertise to minimise the innovation risk and deliver outstanding cost effective results.

Focused on increasing client's long term profitability

"Select a Partner, not just a service provider"

Fast, cost effective innovation route to market

Software, electronics and user interface development