OptiSol Intro by Prem Kumar (Video)

OptiSol Intro by Prem Kumar (Video)

Interviews, Knowledge Resources
We interacted with Prem Kumar (Co-Founder & Director) to know more about OptiSol. OD: Brief us about your company’s services and industries you serve. Prem Kumar - OptiSol: We are an IT services firm offering DIGITAL solutions for Startups and Enterprises. We are experts in custom web and mobile application design &development, data solutions and product implementations. We are a team of about 150+ employees with development center in India and engagement offices US, Dubai and UK. We have been in operations for about 10+ years now and we have built about 200+ web applications and 80+ mobile applications. About 70% of our clients are from US and we have excellent client references in US and Europe and couple of them are Fortune 500 companies. We have been awarded by…
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Traditional Outsourcing x Cloud:  “Old” Risks x “New” Risks – Alfredo Saad

Traditional Outsourcing x Cloud: “Old” Risks x “New” Risks – Alfredo Saad

Articles, Knowledge Resources
Alfredo Saad – IT Outsourcing Consultant As discussed in the previous article “Cloud: Take Care of the “New” Risks!”, whose reading is recommended, risk management shows some similarities but also some dissimilarities as we deal with traditional Outsourcing or Cloud scenarios. As mentioned, risks to be managed can be categorized into 3 groups: Risks which currently exist for “traditional” outsourcing and keep existing for cloud sourcing, although with different and evolving characteristics Risks which currently exist for “traditional” outsourcing, but do not exist for cloud sourcing Risks which do not exist for “traditional” outsourcing but have arisen for cloud sourcing   Let us detail, for each of the groups, the main risks to be managed. The list below is not exhaustive as other risks could be added depending on a…
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Cloud: Take Care of the “New”Risks! – Alfredo Saad

Cloud: Take Care of the “New”Risks! – Alfredo Saad

Articles, Knowledge Resources
Alfredo Saad - IT Outsourcing Consultant There are similarities and dissimilarities between the contracting of cloud services and the contracting of “traditional” IT outsourcing services (both ITO and BPO). One of the similarities is the relevance of managing the risks on each of the 6 steps of the process (namely, identification of applicable business drivers; definition of organization’s sourcing strategy; provider(s) selection; contractual negotiation; services transition; and contract governance). In both cases, managing the risks is mandatory if we want to achieve the intended potential benefits over the business motivators of the decision. These drivers are not mutually exclusive and may include cost pressure, agile achievement (or recovery) of competitive advantage, focus in core business activities, penetration in new markets and speed up of time-to-market. The sourcing strategy of the…
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Leadership ‘alphabetical’ Traits

Leadership ‘alphabetical’ Traits

Knowledge Resources, Other Resources
[metaslider id=11286]   Checkout my new video that shares what leadership traits I have experienced among few people who came across my life so far. It is not one single individual that carries all traits and not all who carry these traits are stamped as a leader. https://www.youtube.com/watch?v=om_jDNvLdAE Leadership 'alphabetical' Traits: Aspiring: directing one's hopes or ambitions towards becoming a specified type of person Balanced: taking everything into account; fairly judged or presented Confident: feeling or showing confidence in oneself or one's abilities or qualities Decisive: having or showing the ability to make decisions quickly and effectively Eloquent: clearly expressing or indicating something Focused: directing a great deal of attention, interest, or activity towards a particular aim Genuine: undisputed origin and not a copy Honorable: bringing or deserving high respect…
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Professionals Involved in Outsourcing Lifecycle – Provider’s View

Professionals Involved in Outsourcing Lifecycle – Provider’s View

Articles, Knowledge Resources
During all these years that I’ve spent in the complex ITO environment, I’ve come across people with different set of skills, education, experience and roles. Let me share few roles that are, majorly, involved in the outsourcing lifecycle from the technology services’ provider’s stand point. Categorized in three primary segments (Buyer side, Provider side and Others), professionals working in these roles could be at any Level in the Organizational Hierarchy: i.e. Board Member, CXO, President, Vice President, Director, Manager, Associate/ Executive etc. Needless to say, people at the lower level in the organizational hierarchy have less decision making power than the people at higher level. Furthermore, depending on the size of organization and focused strategy, some of these might be confined to a particular Geographical Territory: Continent Group: EMEA, APAC etc.…
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Top 10 Tech & Sourcing Quotes Version 1

Top 10 Tech & Sourcing Quotes Version 1

Knowledge Resources, Other Resources
[metaslider id=9934]   I've decided to take advantage of outsourcing. My next novel will be written by a couple of guys in Bangalore, India. - Tom Robbins Success in creating AI would be the biggest event in human history. Unfortunately, it might also be the last, unless we learn how to avoid the risks. - Stephen Hawking Outsourcing is inevitable, and I don't think it's necessarily treating people like things. - Stephen Covey Technology [is] the knack of so arranging the world that we don't have to experience it. - Max Frisch Everybody gets so much information all day long that they lose their common sense. - Gertrude Stein It has become appallingly obvious that our technology has exceeded our humanity. - Albert Einstein Any sufficiently advanced technology is indistinguishable…
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Need of an Outsourcing Advisor

Need of an Outsourcing Advisor

Articles, Knowledge Resources
Companies having few hundred thousand to few million dollars outsourcing budgets would certainly go and hire an outsourcing advisor to build a strategy and help them on innovation, negotiations, delivery, vendor selection etc. When we asked, what could be few reasons for a (services buyer side) company that has approved outsourcing budgets but still want to stick with same service provider with no new strategy; and when they know that an outsourcing advisor can come up with good options, proven strategies and workable solutions? Some experts shared their experiences and insights. Michael Filak (Independent Outsourcing Consultant): There may be many reasons for this to happen. From my experience (and to over-simplify), the two largest are: 1) They are happy with the service and the relationship with the outsourcing service provider…
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Primary reasons behind failures of outsourcing arrangements

Primary reasons behind failures of outsourcing arrangements

Articles, Knowledge Resources
[caption id="attachment_9818" align="alignleft" width="200"] Joe Valentine, J.D., M.B.A.[/caption] Primary reasons behind failures of outsourcing arrangements - Joe Valentine, J.D., M.B.A. Outsourcing is a business tool that is used commonly in the information technology and other sectors, to leverage differences in labor and other costs in different countries, to reduce the overall cost of performing all or part of the work required to complete a project, or develop and test a product. Like any other tool, it can be very successful if the process is designed, implemented and managed properly by the right people. However, there are various pitfalls which need to be correctly diagnosed and avoided or mitigated to avoid failure. Some of the common reasons for failure are as follows: Communication gaps: The customer has certain expectations from the project…
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More about US/India culture differences

More about US/India culture differences

Articles, Knowledge Resources
Culture Differences - Cultures vary all across the world. But the American and Indian cultures differ a lot. Even though there are some similarities too, but the differences are more pronounced. One thing to be remembered here is that the culture of America is result of a mix of various cultures. But the Indian culture has its own unique values. Family Relations (Culture Differences) Indians are family oriented while the Americans are oriented more towards the self. This can be due to higher incidences of divorces in America. Hence very few children live with their biological parents for a long time. Besides, parents in India tend to look after their children till they become financially independent and get married. In Indian culture, many children continue to live in their family home…
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Information Technology In Daily Life

Information Technology In Daily Life

Articles, Knowledge Resources
People tend to think of Information technology as something that has taken away physical interaction and social skills from everyone’s lives. People are so busy in their electronic gadgets that they have no time for anyone else, including their own family. They are so busy texting or playing online games that they have no time to talk to those who are actually around them. In the same way, they are not playing any outdoor games as online world has taken over their lives. This is leading to a lot of emotional, social and physical problems. But the reality is not so grim. In fact, information technology has made our lives much easier and comfortable too. Let us look into a few of these positive aspects. Easy Planning Now you can…
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