Why Exigen Services

Exigen Services is an Inc. 5000 global IT company that provides a lower risk alternative to conventional application outsourcing. Our agile, results-oriented approach improves the business value of technology programs we deliver to clients in the Financial Services, Insurance, Telecom and Media sectors.

Sourcing IT projects can be risky

Risks, and the costs of managing them, often reduce or eliminate expected cost savings. In their Chaos Summary 2009 report, The Standish Group reported the following less-than-optimal results for IT projects:

A 24% failure rate – defined as cancelled prior to completion, or delivered and never used
44% were considered challenged – either late, over budget, or lacking – in terms of required features and functionality
Only 32% succeed – defined as delivered on time, on budget, and with all required features and functionality

It is possible to manage IT project risks

Exigen Services has identified three primary sources of IT project risks and developed a business model that mitigates those risks while focusing on improving the economic outcomes.

Risk Sources

Feature Focus measures success by feature/function delivery, not by economic value
Conflict of Interest Contracts don’t have performance incentives or risk allocation
Rigid Development Practices assume a complete spec and unchanging business priorities

Managing Risks

Value-based Project Governance ensures management by feature value
Performance-based Contracts reward early completion and delivered business value, share risk appropriately
Agile Development Practices treat change as a normal part of the development process

This flexible and collaborative approach ensures that Exigen Services is aligned with client objectives and together, we share management of project risks. As a result, cost and risk are reduced for clients and they realize a higher return on project investments.

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