6th Sense Analytics

6th Sense Analytics & Core Objects Profiled in Offshore Development Article

Victor Cruz has profiled 6th Sense Analytics and our customer Core Objects in his recent article Measure Twice, Cut Once: Offshore Outsourcing Risk & Opportunity published by American Venture Magazine. An excerpt from the article:

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...

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