By delegating in-house IT professionals for OutSystems development, project managers may encounter delays in the commercialization of a software product. It’s because performance and scaling can only be attained when in-house professionals are adept in OutSystems. Besides, upgrading the application and releasing newer product versions is highly challenging. This is where dedicated OutSystems experts from partner companies can help tech leaders and enterprises.

What is the Need for Outsourcing OutSystems Development?

Project managers can associate with an offshore OutSystems consulting company to obtain dedicated OutSystems developers. These experts can effectively administer a comprehensive project to product transformation. They tactically align all the phases of product development- from ideation to launch-to produce a cohesive and efficient timeline. They help in-house IT professionals manage development risks effectively and ensure that software products reach the market at the defined timeline.

Some other benefits of hiring dedicated OutSystems developers:

• Competitive Edge – Launching a product in the market quicker than competitors helps companies capture higher market share and end-users mindshare beforehand
• Quick Revenue Generation – By leveraging advanced technologies during development, OutSystems developers help companies drive revenue from their applications sooner. As per a recent survey, around 72% of respondents cite that hiring dedicated developers helps enterprises retrieve the costs of product development and accelerate further innovation.
• Expanding Product Lifecycle – A smaller time to market allows tech leaders to capitalize on the complete potential of an application’s lifecycle, by making the most of initial users contented and acquiring a greater share of the market.
• Greater Reputation – Deploying products on time can improve a business’s reputation for modernization and receptiveness to customer requirements, which can eventually strengthen business loyalty and drive lasting growth.

Strategies Followed by OutSystems Consultants for Speeding up Product Development

Implementing Agile Techniques and Continuous Pipelines

In the context of OutSystems rapid application development, the implementation of technical practices and continuous pipelines emerge as essential factors. These strategies can substantially reduce the Time to Market products. By employing agile technological practices, OutSystems consultants ensure that the product development experience is smooth and exempts technical debt that could obstruct delivery speed.

Similarly, continuous pipeline implementation involves seamless tech incorporation and delivery mechanisms. This way, consultants ensure that the product advances and adapts in a streamlined way from development to deployment, keeping a steady and rapid flow toward market launch. The combination of agile technical practices and continuous pipelines not just alleviates the risks of delays and obstructions in the development cycle. These strategies also ensure that the product’s quality, functionality, and reliability will remain uncompromised even after the release.

Creating Product Value Streams

To shorten Time to Market (TTM) and enhance organizational agility, OutSystems developers establish Product Value Streams. This allows experts to focus on providing end-to-end value through a centralized development approach. This methodology aligns in-house teams, stakeholders, and dedicated OutSystems developers under a unified product vision. Thereby, guaranteeing that every effort, from ideation to delivery, is coherently directed toward building and improving product value.

Moreover, OutSystems developers dismantle silos and foster a collaborative development environment, where teams are devoted to generating specific product outcomes. Product Value methodology also improves the quality and innovation of the end products by enabling continuous feedback and enhancement within the devoted value stream.

Lean Budgeting

To reduce Time to Market (TTM) and enhance product value, OutSystems consultants embrace a lean budgeting approach. In short, this approach is based on the principles of minimizing waste and maximizing value. OutSystems consultants ensure that every financial resource is sensibly utilized. This eliminates exorbitant development costs and enables project managers to focus on aspects that effectively contribute to product enhancement.

By assuring that the budget is lean and tactically allocated, consultants ensure that the product moves through the development cycle in a way that is economically sustainable and aligned with the primary objective of shortening TTM. Thus, lean budgeting arises as a strategic enabler, ensuring that the transition from project to product is economically optimized and deliberately aligned with business objectives.

Let’s look at a popular use case of lean budgeting adoption:

Altrad is a US-based Energy service provider. They have recently hired offshore OutSystems consultants to modernize their client virtual platform in order to facilitate a dynamic experience. The dedicated resources helped them implement a modernized version of the platform within a week.

“We saved around 600 hours of our employees by delegating the responsibility to dedicated OutSystems experts, says Christopher Robin, IT head”.

Defining Objectives and Key Results

In the realm of OutSystems development, setting up the Objectives and Key Results (OKR) framework is mandatory. This approach is valuable in lessening Time to Market (TTM) by aligning each development initiative with business objectives.

By defining objectives and tracing the development path through quantifiable results, OutSystems consultants ensure every in-house member is aware of the end goals. The precision offered by the OKR approach ensures that IT professionals and project managers are not working in silos with disparate objectives. This significantly reduces the likelihood of development delays produced by uneven efforts or priorities.

Assessing the Cost of Delay

CoD (Cost of Delay) is defined as the financial impact of the time taken to deliver a software application to the market. This is a pivotal metric that enumerates the economic implications of delays,

While assessing CoD, OutSystems consultants consider the potential revenues, competitive benefits lost during the development cycle, and market share. Accordingly, they translate them into apparent financial terms. By analyzing and understanding the Cost of Delay, consultants tactically prioritize features, projects, and establishments and minimize financial losses related to delays. This analysis not only ensures that development initiatives are specifically targeted towards high-impact areas but also that they are performed with a keen knowledge of the financial consequences of time.

Also read – OutSystems Integrations: Propelling Digital Transformation Initiatives to New Heights

Offshore OutSystems Consultants – Other Areas of Expertise

User Experience (UX) Design

OutSystems consultants develop responsive applications that adapt easily to different device resolutions. They ensure a reliable user experience over various platforms. Another essential aspect followed by OutSystems experts during UX designing is considering user feedback. This helps in frequent updates or enhancements and ensures that the final solution aligns better with the user’s expectations and requirements.

Cloud Deployment

With intuitive Cloud services, OutSystems developers build applications on a remote distributed infrastructure. This environment can be personalized and easily altered based on the needs of project leaders and development teams. The choice of a Cloud hosting model varies based on the requirements of a product. OutSystems experts consider the amount of required resources, and the exact infrastructure, such as databases, operating systems, libraries, servers, and others.

Quality Assurance

OutSystems offers test automation solutions that help consultants perform faster test creation without huge time demands. Through knowledge transfer and upskilling, OutSystems experts empower in-house developers and testers to perform automated testing. This reduces the time taken to launch products.

Maintaining Security

While OutSystems enables tech managers to accelerate development, keeping control over the security and governance during the development process is important. OutSystems consultants ensure that adequate encryption and authentication techniques are implemented appropriately. This balance is vital to avert unauthorized changes and cyberattacks. Experts from a recognized OutSystems partner company define and implement procedures for safe and efficient development and deployment.

Closing Thoughts

Reducing Time to Market enterprise applications or products is the key factor when it comes to success. OutSystems consultants ensure that the product is out to customers as soon as possible. This will give enterprises an advantage over competitors. However, tech managers should consider key factors and partner with an OutSystems consulting company after strategic assessment. This will have a substantial impact on how efficiently an enterprise’s development investments will be managed.

The post Why OutSystems Consulting is in Demand for Shortening Time to Market appeared first on Tech Web Space.

Unlike traditional databases with a centralized architecture, blockchain is a decentralized and distributed ledger technology. It operates on multiple computers or nodes. These nodes maintain a copy of the whole ledger, making sure that a single entity does not get the entire control. This helps with democratizing access to data.

Let’s understand the benefits of Blockchain development and why businesses are increasingly looking to blockchain service providers to develop their blockchain applications.

Benefits of Blockchain App Development

Here are some important reasons why Blockchain app development has gained popularity and why it has become a desired choice for multiple use cases.

Decentralization

Blockchain operates on a decentralized network, eliminating the requirement for a central authority. This system guarantees that transactions are validated by a network of nodes, boosting transparency and trust among participants. For sectors like finance, where middlemen can be avoided to cut costs and boost efficiency, decentralization can prove to be revolutionary.

More Security and Privacy

Blockchain technology offers high levels of security which makes it resistant to hacking. This increased security is ensured by end-to-end encryption which creates an immutable record of transactions that prevents any unauthorized activity or fraud. Also, the distribution of blockchain data across a network of computers makes it almost impossible to hack. By anonymizing data, blockchain manages privacy issues better than traditional databases.

Transparent Payment Processes

The transparency of blockchain makes sure that all participants in a network are able to view the transaction history. This transparency makes way for accountability and eliminates the chances of fraud. Blockchain is being used by industries like food supply chains to track the origin of items, enhancing accountability in the event of contamination or recalls. It has improved cash flow in establishments by eliminating the need of third parties.

Cost Efficiency

Blockchain technology has the potential to result in significant cost savings by doing away with middlemen, lowering fraud, and simplifying processes. This is especially important in sectors where traditional techniques are generally associated with high costs and long settlement delays, such as cross-border payments.

Reliability

Blockchain helps promote trust and reliability between entities where trust is lacking. This enables the entities to engage in data sharing or business transactions that they might not have engaged in otherwise. The ability of blockchain to facilitate trust is one of its most touted advantages. Early use cases of blockchain illustrated its value by enabling payment or data sharing between entities that didn’t have a direct relationship but had to share data.

Smart Contracts

One special characteristic of blockchain technology is smart contracts, which are self-executing contracts with the terms and conditions of both parties explicitly put into code. These contracts streamline processes and eliminate the need for middlemen by automatically executing when predetermined criteria are met. With the help of blockchain application development services, smart contracts can be easily incorporated into a wide number of applications, including financial and legal services.

Cross-Industry Applicability

The potential of blockchain to cross industrial borders demonstrates its adaptability. You can find the applications of blockchain in real estate, gaming, healthcare, finance, and supply chain management. Blockchain service providers cater to the specific requirements of every sector.

Streamlining of Supply Chain Management

Blockchain technology in the supply chain allows companies to track their products and services throughout the process, starting from manufacturing to transportation and customer delivery. By introducing immutability and transparency in the process, blockchain allows businesses to combat any delays in product delivery and establish strong security measures.

Also read – How Blockchain App Development is Paving the Way for the Future

Why Do Businesses Use Blockchain Service Providers?

Blockchain offers numerous advantages and this has resulted in more and more businesses looking to blockchain service providers to develop their blockchain applications. Here are some important reasons why:

Knowledge

Blockchain app development calls for an in-depth understanding of the technology and its intricacies. Service providers are equipped with seasoned blockchain developers with extensive knowledge and experience in building secure and scalable blockchain solutions. Their expertise guarantees the successful implementation of blockchain in your project.

Customized Solutions

Blockchain service providers provide customized solutions to meet your particular business needs. They work closely with you to comprehend your needs, design the architecture, and build a blockchain application that aligns with your business goals.

Regulatory Compliance

Blockchain development requires navigating the complicated regulatory environment. Service providers can assist you in developing applications that comply with legal and regulatory standards, reducing potential risks, as they are knowledgeable about compliance needs.

Continuing Support and Maintenance

Ongoing support and maintenance are crucial when your blockchain application goes live. Blockchain service providers provide continuous assistance to make sure your application remains secure, up-to-date, and optimized for performance.

Faster Time-to-Market

Service providers are equipped with the expertise and resources to expedite the process of development. This can be crucial in highly competitive industries where being the first to market can make a huge difference.

Scalability

Service providers design applications taking scalability into consideration. As your business grows, they can adapt and expand your blockchain infrastructure to accommodate increased transaction volumes.

Summing Up

Blockchain application development is the most sought-after choice for organizations that want to leverage the advantages of security, transparency, and decentralization. The distributed ledger approach helps improve the media supply chain and decreases copyright infringements. The versatility of the technology spans myriad industries, providing solutions to a huge number of challenges. As businesses comprehend the power of blockchain, they increasingly turn to blockchain service providers for their expertise and customized solutions.

To develop a blockchain app with success, you must understand your unique business needs, work with trustworthy developers or service providers, and make use of the groundbreaking potential of blockchain technology. Businesses can fully utilize blockchain technology to drive efficiency and creativity in the digital era by partnering with reputable companies and implementing the right strategy.

The post Blockchain vs. Traditional Databases: Why Blockchain App Development is the Coveted Choice appeared first on Tech Web Space.