Outsourced Product Development

1. Outsourcing specific or all activities related to Dev & Maintenance of product.

2. Chimera Technologies 1. Takes complete responsibilities of deliverables and milestones for a project

3. Challenges: 1. Technology obsolescence 2. Rapid advances in Design and Engineering 3. Lot of attention 4. Periodically release new versions

4. Advantages: 1. Acquire expertise 2. Build additional resources 3. Minimize development costs 4. Focus on new competencies