advertise your website Login Registration
 
 
 
Submission Guidelines Recent Approved Articles Featured Articles
Submit Free Article
Home About Us Advertising GuideLines Do's & Don't T & C FAQ Contact us
  Home Computers & Technology Articles
 
HostJinni Promotions
Articles Category
Arts & Entertainment
Automotive
Business
Cancer
Careers
Communications
Computers & Technology
Finance
Food & Drink
Gaming
Health & Fitness
Home & Family
Home Based Business
Home Improvement
Insurance
Just for Women
Kids & Teens
Legal
News & Society
Online Business
Online Tickets
Pets
Real Estate
Reference and Education
Relationships
Self Improvement
Shopping
Sports & Recreation
Travel & Tourism
Writing
  Member Area
Author Login
Free Registration
Authors From Country
 
  Helpful Topics
How to Write Articles
Free Early Approval Tips
Why Article Submission
 
  Best of Webzine
Leader Board
Most Viewed Articles
Top Rated Articles
Archive
  WebZine Status
Total Articles -25430
Registered Authors - 4565
Featured Articles - 340
Articles added this
month - 0
 

Ensure Revenue Optimization With Effective Product Development

    -    
Most Companies strive to develop and as per customer requirements and product exactly what customers want and when they want to. This also has to be done faster and cheaper than their competitors. Product development is can get complex given customers changing preferences and this has led to segmenting of many product categories. Not surprisingly, then, studies have found that timely and reliable knowledge about customer preferences and requirements is the single most important area of information necessary for product development.

It has become necessary for all companies to phase out the old products and these end-of-life initiatives are often motivated by internal economic requirements like rebalancing resources in a product portfolio, reducing support costs, moving customers to the latest product version and removing products that can no longer pay for themselves. Product development services basically refer to engaging the services of a vendor to develop a software product and are the latest emerging trend in IT services. It is a target market for those companies who want to manage their lifecycle as a solution to a demand.

As product development is complex and unpredictable, it is necessary to be realistic. Activities like supplier delivery times, etc. cannot be directly controlled, it is therefore not reasonable to expect an outsourced service to control them any better than you can. Product development services can be a success only when the goals and the capabilities of the partner are understood. The first step to ensure compatibility is to understand what your short and long term goals are. Once these are agreed upon, the next thing is to select the development partner who will help you meet those goals. It is therefore essential to focus considerable effort on the quality interaction with the vendor. With communication being of vital importance, the service provider must fundamentally be able to communicate clearly and articulately, through both written and verbal means.


With the right service provider, organizations can build near-term capability, meet increased resource needs, reduce costs and bring a new development project perspective. Most of these service providers also offer product line management services that can provide opportunities to boost revenue growth. It undoubtedly makes good business sense to outsource either a complete or partial product development process.

By outsourcing product development services, companies can shorten time-to-market, increase number of releases, obtain additional expertise and put together additional resources thereby ensuring a successful revenue optimization.


 
Like this article..? Rate it here:  Votes | Average: 1 out of 5  Votes | Average: 2 out of 5  Votes | Average: 3 out of 5  Votes | Average: 4 out of 5  Votes | Average: 5 out of 5     2 votes, average: 4 out of 5    
About Author
   
Articles Stats
  Published Date - July 1 2012
  Total Views - 331
  Total Votes - 2
  Average Rating - 2
  Comments - 0
  Mr. Thomson Gil
 
Particular Article
 
Author Article
  • Video Streaming Performance Metrics
  • [2013-04-11 ]
    Video traffic has become the dominant component of Internet as well as mobile networks in the recent years and is expected to continue – applications include video calls, video conferencing. Read More...
  • APM Strategy
  • [2013-03-14 ]
    Every company needs an Application Performance Management (APM) strategy to ensure that business critical applications always meet or exceed business goals for which they were deployed. Read More...
  • Cloud-based WAN Optimization
  • [2013-01-29 ]
    There is an unmistakable industry trend to offer every IT function in the cloud, if at all possible. WAN Optimization (WANO) is no exception. Read More...
  • The Joys of Reporting Financial (and Non Financial) Information
  • [2013-01-11 ]
    Financial reporting requires the collating of some pretty important information, so you want to make sure the information you’re getting across is easy to understand and relevant. Read More...
  • VoIP Telephone Systems Company – How to Start One
  • [2013-01-08 ]
    Nowadays, different types of telephone systems are being launched in the market. You must have heard a lot about VoIP telephone system. It is a great small office telephone system that could really benefit you a lot. Read More...
  • E-Kanban – A Highly Flexible Way Of Material Ordering
  • [2013-01-02 ]
    Kanban system was developed in order to keep a track of the goods purchased, the material ordered and delivered to the customers or retailers Read More...
  • Video On-demand (VOD) Performance
  • [2012-11-15 ]
    Video traffic is going to be, if not already, the dominant component of the global Internet traffic. Read More...
  • Load Balancers and Their Role in Global Environment
  • [2012-11-03 ]
    A technological innovation over the period has facilitated the business enterprises with digital workspaces. Read More...
  • Implement an Advanced Mobile Strategy with Effective Android Development
  • [2012-07-17 ]
    Mobile applications are catching up at a fast rate and the power of today\\\\\\\'s smart phones and computing tablets have created numerous conveniences at the fingertips of users. The latest technologies ha Read More...
  • Ensure Revenue Optimization with Effective Product Development
  • [2012-07-01 ]
    Most Companies strive to develop and as per customer requirements and product exactly what customers want and when they want to. This also has to be done faster and cheaper than their competitors. Pro Read More...
  • How Agile Lifecycle Management Can Help Your Organization
  • [2012-06-23 ]
    There are a number of companies specializing in product lifecycle management rely on agile lifecycle management solutions to respond efficiently to the ever revolving requirements. There are situation Read More...
  • Mobile Apps Development – the Latest trend in Mobile Industry
  • [2012-06-13 ]
    Every year brings with it an individual trend for the mobile industry in general and more specifically for the mobile application development industry. Similarly, market research for the mobile indust Read More...
  • Optimum Software Development for Affirmative Results
  • [2012-05-04 ]
    Every move of ours is controlled by the software applications. If you want to send or read emails you need applications. If you want to chat or listen to music on your mobile phone you need applicatio Read More...
  • Recompense of Hiring WordPress Developer
  • [2012-04-21 ]
    This article will help you to take proper decision while hiring Wordress developer for your business purpose and websites to make it more effective and responsive. Read More...
  • Business Intelligence tools: Essential for the New Age Business Enterprises
  • [2012-04-11 ]
    The advent of technology into every industry has paved way for businesses to be reliant on software applications, computer networks and computer-based techniques. The corporate strategies, which are Read More...
     
     
      Submit Articles - Free Articles - Online Articles Submission  
      WebZine Articles (webzinearticles.com) is a registered trademark. All Rights Reserved. 2012