Software Development: Its About the People
Choosing the right outsourcing partner involves the consideration of a variety of factors - and “people” should be at the top of the list.
By Serhiy Kharytonov, SoftServe
Anyone involved with software development projects knows they have a very high rate of failure. According to the Standish Groups 2009 Chaos Report, which tracks IT software project success rates, less than a third of surveyed IT software projects undertaken in the past two years were rated successful, meaning they came in on time, on budget and with required features. Forty-four percent were challenged, meaning they were late, over budget, or lacked required features, and 24 percent failed completely, meaning they were cancelled or never used.
Software vendors aiming to outsource development face the same challenges. One way to improve the chances of success is to seek out a development partner that goes beyond typical mainstream certifications. Ideally an outsourcing partner should provide its own structured, effective system for training and developing its employees with the education, certifications and experience they need to acquire the most advanced hard and soft skills.
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Panel Discussion: Advantage India
Join more than 200 tech executives, VCs, media and students for “Advantage India: Opportunities for the Global IT Citizen” on October 12, 2009, from 6:30-9:30pm at the Plug N Play Center in Sunnyvale. Organized by Think India Research Foundation (TIRF), the event's keynote will be delivered by Arun Shourie, Former Minister, Disinvestment, Communications and Information Technology, Govt. of India. Sand Hill Group co-founder M.R. Rangaswami will moderate a panel that will include Arun Shourie, Navin Chaddha, Managing Director, Mayfield Fund, and Dr. Rakesh Mohan, Former Deputy Governor, Reserve Bank of India. To find out more or to RSVP, email email@example.com
Achieving a 100x Return
Kennet Partners Managing Director Javier Rojas sat down with Ratmir Timashev, founder of Aelita Software Corporation, to learn how he created a company that achieved an almost 100x ratio of exit value to capital used. Read the details in this post to the SandHill.com Blog, Return Leaders.
Hardware Vendor Pack Moving Down the Wrong Path
Jeff Kaplan of THINKstrategies explains why hardware vendors trendy acquisitions will make software and services vendors the new leaders of the IT industry. Read why in this post to the SandHill.com Blog on software M&A.
Publish Your Perspective!
SandHill.com wants your opinions. Send your thoughts on the enterprise software industry to SandHill.com editor, Maryann Jones Thompson (firstname.lastname@example.org) and have your opinions published on our site.
DON'T MISS: Managing Beyond Web 2.0
Companies should prepare now for the day when Web 2.0 morphs into Web 3.0. Read why in this article from The McKinsey Quarterly.
The Week in Review: Border Encroachments
IBM, Microsoft and Google wage e-mail battles; plus Saleforce.com vs. Intuit, Microsoft vs. Symantec & McAfee, and Gates vs. the pirates. Read these stories and more software news of the week in the latest SandHill.com Software News Summary.
Poll: Choosing an Outsourcing Partner?
What is the most important factor to consider when choosing an outsourcing partner?
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Last week, readers voted the best time to sell a software company.
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More at SandHill.com:
IBM takes on Google in the corporate cloud.
Read the most important enterprise software industry news of the week >>
New Enterprise Associates invests $13.5 million in Indian reverse logistics vendor RT Outsourcing.
Monitor the latest software venture capital deals >>
Oracle and HP rumored to be looking at Brocade Communication Systems.
Size up last week’s software M&A deals >>
Smart grid solutions maker Silver Spring Networks named Gary Gysin EVP of worldwide sales.
See who’s made it to the top in our list of recent software executive appointments.
Send us your feedback on this newsletter and the SandHill.com site.
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