I can't help but align with sports analogies here. Nearly every sport has the notion of recording team and individual performance so that one can then review their performance and plan improvement strategies. It turns out that these observations are different than the anecdotal feelings one has during the game. It gives you a perspective and view into the reality of your performance and not simply your perceptions of it.
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Never has it been so cheap to launch a startup. The cost of operating a company has been steadily pushed down thanks to hosted software or SaaS applications, Web 2.0 tools, fat, ubiquitous bandwidth, enterprise acceptance of open source software and the commoditization of much hardware and networking gear. "Innovation has forced technology to nose dive in price," said Jeffrey Finkle of Odeon Capital Partners, New York. "What used to cost a million dollars to get a Web idea operational now costs $50K." Web 2.0 and so-called social networking, as a web phenomenon and category, is hot in part because it costs so little to launch a web-based business. With capital needs not as crucial, the pressure shifts to getting new ideas out the door and into the market as fast as possible. To speed time-to-market, many VCs are telling their portfolio companies to step aside and let the engineering be done by strangers in foreign lands. Firms such as Enterprise Partners, Mayfield, Redpoint Ventures, Sierra Ventures and Venrock Associates are investing in third-party outsourcing arrangements with offshore software development houses on behalf of their portfolio companies. But while sending high-end functions offshore can yield speed-to-market, cost and skill advantages, it does so at a price: loss of visibility and managerial control...
Industry and Academic Leaders Gather for Interactive Discussion on What it Takes To Make Outsourced Projects Successful
Morrisville, NC -- May 2, 2007 -- 6th Sense Analytics, Inc., a pioneer in automating software development metrics, will host an interactive Webcast on May 10 at 1:00 pm ET featuring industry and academic leaders discussing what it takes to make outsourced software development successful. Some of the industry's most notable experts on this topic will participate in the discussion, including: Dr. Arie Lewin, Professor at the Fuqua School of Business, Duke University, director of the Center for International Business Education and Research (CIBER), and author of the just-released Duke/Booz Allen Comprehensive 2006 Survey Report "Next Generation Offshoring: The Globalization of Innovation"; Thomas Koulopoulos, founder of Delphi Group, managing director of Perot Systems Innovation Labs, and author of Smartsourcing; Steve Mezak, CEO and founder of Accelerance, Inc. and author of Software without Borders; and James Diggs, VP of business development and strategy for Janeeva Corp., and Outsourcing Tools chapter chair for the International Association of Outsourcing Professionals (IAOP).
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