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Box Out For The Win
There's nothing more fun than being with your friends on hot
afternoon. You can chill out, hang loose, and just relax. And if
the odds are good, all of you should have enough cash to go on a
quick ride down to town and have yourselves a ball at...
Colours Wheelchairs Announces European Expansion Plans
Colours N’ Motion is a maverick in the wheelchair industry. In a market that generally concentrates on price and technology, Colours' focuses on esthetics and comfort. While most manufactures advertise a product, Colours communicates a lifestyle...
Innovation Management – Diversity Can Make All The Difference
Companies are welcoming a diverse range of employees (The Sunday Times, April 10 2005). Doh!
It is incredible that this concept is getting coverage in 2005. I mean, how many new ideas, novel ideas and divergent thinking is going to come from an...
Marketing Is a System, Not an Event
Small business marketers love the chase. Love the new fangled way to make the phone ring. They love to think of a marketing promotion as a single event. But it’s precisely this view of marketing that holds most small businesses back. They fall...
Top Six Reasons to Buy Rather Than Build an Inventory Management Solution
Is building your own inventory management solution really your best bet? The issues that companies face when they decide to build a solution in house are numerous: Scarce development resources, project cost overruns, delivery delays,...
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Offshore Outsourcing -- Future
Offshore Outsourcing
provides the ability to hold skilled overseas staff at a small
part of the labor cost which is exhilarating to several
entrepreneurs. The vistas in which Offshoring can be utilized
especially in: accounting, advertising, animation, Human
Resource Management and Development, health care-related jobs,
IT projects, financial investment and consultancy, legal
services, and network security. The concept of Offshore
Outsourcing is couple of centuries old when the colonial powers
started taking raw materials from their respective colonies and
then selling them after processing them into manufactured
commodities. In 19th century the Britishers (and other
imperialist/colonial powers), because of industrial revolution,
rampaged the small-scale and cottage scale industries in India
(and other respective colonies) by selling processed goods to
the natives having a better quality. Now in 21st century the
tables seem to have turned on the colonizers (or
neo-colonizers). Taking advantage of the cheap labour in
developing countries, many MNCs have set up subsidiaries in
India and in other places (like China, Canada, South America,
Africa, Israel, Ireland, Russia). In the past decade, US
companies alone have invested $7 billion in their subsidiaries
in India, picking a net saving of more than $26 billion.
Telstra, an Australian telecom company, for instance, saved more
than $75 million a year by outsourcing many jobs to Indian
enterprises. Latest modifications in the way U.S. companies are
using Offshore Outsourcing Industry have generated heated
controversy, which is comprehensible considering that jobs are
at hazard in an already tense economy. But whereas it may be
human temperament to adhere to the status quo, the software
industry will be better off in acclimatizing to these changes
and allowing innovation to thrive. Detractors have fated
offshore development as everything from shortsighted to
un-American--but it may well conclude salvaging the U.S.
software industry. For staying competitive in the global market,
U.S. software companies must persist in driving innovation.
Nevertheless, innovation today is
being choked through deficient
R&D budgets on the company side and an overspending menace on
the customer side. Offshore development can help on both sides.
In fact, as pointed out in a recent report by the US Chamber of
Commerce, the main cause of increased unemployment in the US,
Britain and other developed countries is the enhancement in
productivity due to continuing advancements leading to massive
unemployment; and, two, that it has not contributed to
unemployment, as is sought to be made out.
Here are the reasons: For a mature software company, expending
on proper product innovation is much less than what you might
think. It by and large accounts for less than 30 percent of the
R&D budget. This small piece of the pie is being further
clutched from two directions. First, overall R&D spending by
public U.S. software companies is lessening. In fact, in 2002 it
fell by 2 percent, after having consistently grown at 15 percent
annually since 1998. Most of these cuts are captivating a bite
out of new product development. Second, R&D budgets are being
consumed by ever-increasing maintenance-related activities, such
as bug-fixing, upgrades and minor enrichments. Maintenance
agreements with a huge customer base mount up over the years
mandate this support. With such restricted resources accessible,
software companies can't successfully produce real advance.
Instead, many of finest and brightest are jammed down in what
amounts to software maintenance tasks. The irony is that many of
these developers would be happier with--and better suited
for--truly pioneering work. But companies have painted
themselves into a corner. This is where offshore development can
facilitate. In most cases, a well-executed offshore development
program can help release an added 20 percent of the R&D budget
for new innovation while continuing to meet the maintenance
obligations of mature companies.
About the author:
For further information on offshore outsourcing and
offshore software
development, please visit http://www.a1technology.com .
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| DTI - Welcome to the DTI's Innovation Home Page |
| The DTI is working to stimulate a significant increase in innovation throughout ... It covers Living Innovation, web streaming of a series of high profile ... |
| www.dti.gov.uk |
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| Innovation - Wikipedia, the free encyclopedia |
| An innovation in this light occurs whether or not the act of innovating ... A convenient definition of innovation from an organizational perspective is ... |
| en.wikipedia.org |
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| National Innovation Website |
| The Department of Industry, Tourism and Resources has developed this website to raise awareness of the importance and benefits of innovation and ... |
| www.innovation.gov.au |
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| Innovation, creativity and brainstorming resources from ... |
| A comprehensive site designed to provide busy entrepreneurs with a focused collection of the best resources on innovation, creativity, and brainstorming. |
| www.innovationtools.com |
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| Innovation Weblog - Trends, resources, viewpoints from Chuck Frey ... |
| The Innovation Weblog - Valuable trends, resources and viewpoints in innovation, creativity and brainstorming from Chuck Frey at InnovationTools. |
| www.innovationtools.com |
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| CORDIS: Innovation Portal: Home |
| This Innovation Portal is supported by DG ENTR of the European Commission, ... European Commission adopts new Communication on Innovation: on 13 September ... |
| cordis.europa.eu |
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| CORDIS: Promotion of Innovation: Home |
| This programme stands at the cross-roads of the Community's policies on Research, Innovation and SMEs. |
| cordis.europa.eu |
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| Innovation Network... leveraging innovation, creativity and ... |
| The Innovation Network is an association of companies and employees committed to innovation. The site features some interesting articles as well as some fun ... |
| www.thinksmart.com |
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| Business Innovation : Car Reviews, Online Gaming, and Product Branding |
| If your in need of great Online Gaming material, we carry up to the minute news and reviews for all of your favorite games and gaming systems. |
| www.businessweek.com |
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| Innovation - Life, Inspired | PBS |
| Learn about fascinating innovations, explore interactive features, submit questions to our experts, investigate resources and lesson plans, and more. |
| www.pbs.org |
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| Innovation.org - Welcome |
| Impact of Innovation Saving & Improving Lives Controlling Healthcare Costs Strengthening ... Future of Innovation New Medicines in Development Next Wave of ... |
| www.innovation.org |
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| Innovation: See what people are saying right now on Technorati |
| See all blog posts tagged with innovation on Technorati. |
| www.technorati.com |
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| Innovation Relay Centres - The World Largest Network for ... |
| Innovation Relay Centres giving advice on Innovation, Technology Transfer and Exploitation. Major European source for innovative technologies or new ... |
| irc.cordis.lu |
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| The Tech Museum of Innovation | Welcome |
| The Tech Museum of Innovation - Welcome! The Tech Museum inspires and educates the innovators of the future. |
| www.thetech.org |
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| Pages tagged with "innovation" on del.icio.us |
| CoDev 2007 - Co-Development for Business Growth: Open Innovation and Alternatives ... PDMA & IIR's 5th Annual Front End of Innovation ... |
| del.icio.us |
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| innovation |
| Publication highlighting the research activities of NUS. The site provides snippets of selected articles online, and provides a subscription form online. |
| www.innovationmagazine.com |
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| Canadian Innovation Centre |
| Services includes invention evaluation, technology due diligence, market research, and education programs. |
| www.innovationcentre.ca |
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| London INNOVATION :: Home |
| Maximise your business potential through innovation. Learn the secrets of successful business innovation in London. |
| www.london-innovation.org.uk |
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| Eric Von Hippel's Homepage |
| Downloadable Books. Democratizing Innovation (2005) ... The Sources of Innovation (1988). Free download of the complete book. Permission granted by Oxford ... |
| web.mit.edu |
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| Intel Innovation in Education |
| www.intel.com/education/ - 3k - Cached - Similar pages |
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