Selecting Offshore software vendor

Consider following criteria while selecting offshore vendor.

- the vendor's core business should fit your outsourcing needs
- always prefer response through RFP
- ask for alternate solution in case the vendor can suggest better solution than you may know due to there expertize in the business
- ask for key profiles
- reference to similar projects executed
- if vendor proposes to develop skills as per your requirement than do ask for ramp up and implementation plan for the same..

let me know if you know anymore ..:)

Factors for Offshore Success

The key factor to offshore success is to have a well defined plan with flexibility at lower levels and it should not only be designed to keep control over the cost but also keeping in mind other business drivers.

• identify the constraints that can be solved using offshore services
• analyze the different offshore models to select vendors to suite your requirement
• hire expert with intense offshore experience to mitigate risk
• the strategic plan should clearly indicate the achivement of business goals at each stage of offshore initiative

Failure to offshoring is not always a vendor fault, but we need to analyze and make expectations clear with vendor before outsourcing to him.

Is Slowdown in Global Economy really affecting IT outsourcing/offshoring

As from the report from one of the recognized research firm. Finishing as one of the strongest first halves in more than a decade is attributed to the 282 contracts valued at nearly $49 billion in total cost value and nearly $10 billion in annual cost value that were awarded in the first half of 2008, yielding a brisk year-over-year increase of 24 percent total cost value and 36 percent in annual cost value.

To the surprise US and Asia Pacific regions did not contributed to the major increase. Europe, the Middle East and Africa (EMEA), by contrast, experienced 58 percent more total cost value in the first half of 2008 in comparison to the same time-frame in 2007, significantly contributing to the global total cost value record.

-Vinay