siliconindia | | January 20166 Editor-in-Chief Harvi Sachar Managing Editor Christo Jacob Editorial Staff Anamika Sahu Dylan D'Souza Mewanshwa Kharshiing Rachita Sharma Sandeep Sen Sagaya Christuraj Sudhakar Singh Vignesh Anantharaj Sr.Visualiser Ashok kumar Circulation Manager Magendran Perumal Mailing AddressSiliconIndia Inc44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.440.8249, F:510.440.8276 siliconindiaNovember 2013, volume 16-11 (ISSN 1091-9503) Published monthly by siliconindia, Inc. To subscribe to siliconindiaVisit www.siliconindia.com or send email to subscription@siliconindia.com siliconindiaCopyright © 2013 siliconindia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.siliconindia's circulation is audited and certified by BPA International. siliconindia is available through mainstream retail outlets such as Barnes & Noble, Borders, and Tower Records. It is also available at ethnic Asian Indian stores in major Indian hot spots across the U.S. The magazine is also distributed at major trade shows and conferences, including Comdex, Internet World and PC Expo.Visualisers Ranjith C Editor-in-Chief Harvi Sachar Managing Editor Sagaya Christuraj Editorial Staff Sr.Visualiser Ashok kumar Circulation Manager Magendran Perumal Mailing AddressSiliconIndia Inc44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.440.8249, F:510.894.8405 siliconindiaDec-Jan 2016, volume 19-01 (ISSN 1091-9503)Published monthly by siliconindia, Inc. To subscribe to siliconindiaVisit www.siliconindia.com or send email to subscription@siliconindia.com siliconindiaCopyright © 2016 siliconindia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Visualiser Arpita GhoshEditorialSagaya ChristurajManaging Editoreditor@siliconindia.comA great product idea alone is no guarantee of success for an entrepreneur. The time taken to develop a product and take that to market within reasonable costs is a key aspect. That is the reason Outsourced Product Development has caught the business world's fancy. Modern day enterprises are increasingly opting outsourced product development for managing costs, boosting the bottom line, and saving time for core activities. Whilst that is the case, outsourcing development of products is facing some resistance. Questions relating to IP security are at the heart of any outsourcing decisions. Consequently, a systematic approach is the best-recommended course of action to begin outsourced product development. This new OPD wave is driven by the power of SaaS, Cloud Computing, Business Intelligence, and Digital Marketing. Vendors have started focusing extensively on the newer technologies and taking their offerings rapidly on the emerging platforms and trends. The OPD market also owes its present status to the improvement of economic environment across the world. With the global outsourcing market set to increase a little over 2.8 percent over the coming year and customers heading towards increasing their outsourcing spend in the days to come for these services, the market will reach approximately $66.2 billion in 2017. There is also going to be a robust growth in the long term as technology product customers continue to move away from a labor arbitrage approach and award long term outsourcing contracts for their product development, engineering and innovation to outsourcing vendors. Overall, the OPD trend is gaining speed. For a long time, we have seen the trend develop very well in the software industry. Now, the trend is crossing over to a broader realm of hardware and manufacturing, amongst others--more specifically, into the domain of small, innovative companies.In this edition, Siliconindia has come up with `The 20 Most Promising OPD Companies'--a list of companies that are helping drive the OPD wave. This OPD edition of siliconindia encompasses their enabling technologies, products, pricing, strategies, and insights. We believe this edition will help you adopt and formalize OPD initiatives for your organization.OPD: Towards Building Better ProductsArun KantJeevan GeorgeDurgesh PrakashSamden SherpaSupriya Kumaraswamy
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