Outsourcing 2.0 – new generation of software outsourcing
Global software outsourcing has offered options and benefits to enterprises for over 10 years. Traditionally, global outsourcing offers are centered around labor pool costs and low bid contracts. Outsourcing firms grew rapidly in the 1990s, initially supporting non-strategic tasks and legacy systems, and tackling the challenges of Y2K compatibility in COBOL mainframe systems. However, while legacy offshore software outsourcing companies have reduced costs, they have failed to reduce risks. In fact, offshore companies have added project management complexity and additional risks to a heavily burdened IT environment.
Exigen® Services takes a different approach. As the leader in Outsourcing 2.0, the next generation of offshore software outsourcing, Exigen Services focuses on reducing the risks in the IT environment: the risk of delivering the wrong system, the risk of missing deadlines and the risk of budget overruns.
By examining and leveraging the best practices of successful industries and great companies, Exigen Services brings a new focus and a new model of partnership to the industry.
For example, Lean manufacturing techniques have helped to propel Toyota to the forefront of the automotive industry. Now the largest car manufacturer in the world, Toyota leads the industry in innovation and time-to-market. They have responded more quickly to the global energy situation than any other automotive company. Exigen Services brings Lean manufacturing techniques to software development outsourcing by utilizing an iterative application development technique to achieve speed, accuracy and flexibility.
In other industries, the right contractual terms between suppliers and customers has driven success rates from 66% to 75%. Contracts that align the strategic objectives of all parties involved have twice the success rate of traditional IT projects. As a result, Exigen Services incorporates performance based contracts, output based contracts and metrics based contract vehicles to share risk and guarantee success.
Exigen Services' Flex-agility(sm) package is the product of Outsourcing 2.0 innovative approach to meeting IT challenges. By combining the flexibility of Agile software development methods with the low-risk profile of fixed price contract structures, Flex-agility leads the industry in innovation and value to the client.
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