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Engine Lab Software SOFTWARE DEVELOPMENT OUTSOURCING www.EngineLab.i e John@EngineLab. ie

10 Reasons to Outsource Product Development

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Page 1: 10 Reasons to Outsource Product Development

Engine Lab Software

SOFTWARE DEVELOPMENT OUTSOURCING

[email protected]+353 (0) 86 1700361

Page 2: 10 Reasons to Outsource Product Development

Takes Time - Product Dev Options…

1. Do IT Yourself

2. Founder Dating / SwEquity

3. Find an Outsourcing Partner

Page 3: 10 Reasons to Outsource Product Development

10 Reasons For Startups To Outsource…

3. Scale Team Fast2. Exceptional Expertise

1. Restricted Budget

6. Experience of Numerous Startups

5. Maintain Shareholding Control

4. Cost of Hiring Too Early

9. Speed To Market - Ramp Team Up/Down8. Cost Effective7. Still Hire CTO &

Augment Team

10. Your Team Focuses on PM Fit & Validation

Page 4: 10 Reasons to Outsource Product Development

When To Outsource…

Early Stag

e

When defining product market fit - do not want to hire internal team too early

Page 5: 10 Reasons to Outsource Product Development

When To Outsource…

Developin

g MVP

Quick Route to Market and Cost Effective

Page 6: 10 Reasons to Outsource Product Development

Key Questions...

• How familiar outsourcing partner is with business domain & architectural

componentsEvaluate

• Chat to other Startups who used provider’s service.

References

• approach, processes, tools, technologies, source control, hosting,

bug management, communication, etc

Scope Processes

Page 7: 10 Reasons to Outsource Product Development

Thank You!www.EngineLab.ie

[email protected]

+353 (0) 86 1700361