For practical reasons, such as reducing costs, boosting the bottom line, and saving time for core activities, more and more companies are becoming aware of the advantages of Product Development Outsourcing.

Below are listed some of the common factors that lead companies to outsource their product development.

• The need to extend teams on a temporary basis
• The need for expertise which the company does not have
• Focus on strategic priorities, such as next generation products
• The need to outsource core development activities to enable the internal team(s) to concentrate on other activities, such as project management, requirements analysis, QA, and Testing
• The desire to incorporate standard practices or fresh approaches in the processes of product development
• The need to extend products to new technology platforms
• Reduce product development costs through offshore development
• Lessen the time-to-market for products

The KRING Edge

KRING’s philosophy of involving clients in the application development process results in a high success rate and KRING acknowledges that clients know their own business needs best.

KRING’s flexible application development approach spans across multiple technologies and industry domains and provides clients with room for maneuverability. KRING realizes the challenges companies face when they look for a partner for product development outsourcing. For this reason, KRING has molded its corporate and development setup in such a way that it constantly strengthens its service offerings.

KRING offers:

Talent Pool

An in-house pool of highly skilled resources; experienced in multiple technology - and industry domains, with a HR/Recruitment capability to recruit and induct new skills on an accelerated basis.


Effective Project Management

KRING offers the flexibility of either managing the outsourced projects or working with clients’ Project Management teams. Either way, clients are always involved in and continuously informed of the project status. KRING leverages industry-standard benchmarks and processes to manage offshore development projects along with tools like MS Project, Project Central Server, Share Point Portal Server, Configuration Management Tools, Version Control, Automated Testing Tools, etc.


Flexible Pricing Options

KRING’s pricing policies are flexible and clients are offered multiple models depending upon the nature of the project and the specific requirements. Be it hourly rates, Time & Material (T&M), or Fixed Bid, the pricing policy is governed by the concept of total transparency.

KRING’s Service Offerings

KRING offers Product Development Services in the following industry and technology domains:


Industries

• Summary
• Telecom - Wireless
• Healthcare - Pharmaceuticals
• Finance and Insurance
• Retail and Consumer Goods
• Manufacturing
• Information Technology
• Travel