siliconindia

PUBLISHED SINCE 1997

BUSINESS & TECHNOLOGY

IN THE U.S. & INDIA

DECEMBER - JANUARY 2016

SILICONINDIA.COM

20 Most Promising Outsourced Product Development Companies- 2016

utsourced Product Development (OPD) has been

in place for some time now, with companies
having overcome the initial hiatus to embrace
this new trend. The pace at which companies
need to bring their products to market today requires a newer
model than the traditional outsourced software development
on a time-and-materials basis. Whereas traditional software
outsourcing was done by companies whose core competency
was not in writing software. A new wave has recently arrived
where even the software product development companies are
now looking out for coalitions or partners who can manage
their product development offshore.
Quite often, it is simple to decide what and how much
of a companys product development services should be
outsourced. However, it is rather difficult to decide to whom

Sagaya Christuraj

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CIOReview

JULY 2014

Description:

Key Person:

Website:

Magazine as

An annual listing of 20 most promising companies founded and managed by

Indians in the U.S. that are creating an impact in the
Outsourced Product Development services space.
Managing Editor

Company:

SenecaGlobal

Seneca Global
recognized by

it should be outsourced. Evaluating a vendor becomes crucial,

that too given the critical task of product development, which
requires superior capabilities, and years of expertise.
To guide the companies in evaluating the right OPD
vendors, we bring to you the list of 20 Most Promising
Outsourced Product Development Companies in this edition.
These successful companies ensure austere adherence to the
practices of product designing, development, implementation,
and management. The list was compiled by an eminent panel
comprising of proficient Indian CEOs & CIOs of public
companies, VCs, analysts, and the siliconindia editorial board.
The listing provides an insight into the OPD market so that you
can gain a competitive edge of which are the most promising
companies to watch out for and how they shape against the
competition.

Editor-in- Chief

Edward Szofer, President,

CEO & Co-Founder,
Rao Tummalapalli, Managing
Director & Co-Founder

SenecaGlobal provides high-performance

scalable IT solutions for mid-market
companies looking for innovative
strategies, seamless workflows, and
quality resultsat a significantly lower
cost

senecaglobal.com

SenecaGlobal

Personifying Information Technology

for Enterprises

echnology has played a major role in the

transformation of the web development landscape
in the last few yearsranging from the
development of simple pages to complex webbased internet applications, electronic
businesses, and social networking
services. According to SenecaGlobal
President and CEO Edward Szofer,
The client expectations have
changed along with the manner in
which private software companies
have brought products into the
market, catering to the Outsourced
Product
Development
(OPD) Edward Szofer
landscape. Cost plays a major factor
for companies giving rise to conflicting
requirements where an organization wants to
deliver quality service at optimum cost. Nullifying
or simplifying the crisis, SenecaGlobal has, through
a combination of people, processes, and technology,
put a model into place that addresses these concerns.
The organization helps clients bring their products to
market in minimal time at a significantly lower cost.
Headquartered in Oak Brook, IL, SenecaGlobal provides
high-performance, scalable IT solutions for mid-market
companies looking for innovative strategies, seamless
workflows, and quality results.
Business knowledge is an integral and differential part of what
we deliver. There is a huge demand for software and tech development in the U.S., says Rao
Tummalapalli, Managing Director
and Co-Founder of SenecaGlobal.
He further states, The labor pool
is not sufficient enough to address
the production demands. Our client
bases, which are large companies facing shortages of good software
engineering
personnel,
feel this shortage even
more. SenecaGlobals
approach in resolving
Rao Tummalapalli
issues revolves primar-

ily around faster turnaround times during an emergency.

Additionally, effective communication and collaboration among distributed teams is essential alongside a
certain level of transparency, which is required
when an organization adjusts itself for rapid
development. From a technology standpoint, there has been lot of cloud integration solutions for enterprise and
people are looking for solutions for
their mobile and enterprise side, says
Tummalapalli.
SenecaGlobal boasts of a true
blended team that comprises CIOs and
CTOs working collaboratively with the
client with cost reduction being a by-product
of SenecaGlobals work model. Its IT model
framework is seamless leading to accountability
and high-quality successful implementations. Enterprise
mobility is also an important part for SenecaGlobal
helping optimize productivity, mobilize workforce,
maximize impact, and providing integrated solutions
with seamless processes.
SenecaGlobals approach in the OPD landscape is
unique. A client who just finishes acquiring funding
and needs to get to the market deployment phase as
soon as possible employs SenecaGlobal as an entire
IT development organization. The local personnel
act as the clients CTO and decide what they need
to go into the market. They discuss technology with
architecture, scalability, security level, and their mobile
strategy, explains Szofer. The clients deliver business
value to their customer, which makes them a B2C or
an eCommerce organization; SenecaGlobal acts as a
business development shop, working with their clients on
a long-term partnership.
So whats next for SenecaGlobal? Szofer states, We
are of the opinion that what you are looking at now is the
foundation. Essentially, there is an organic factor that
will continue to feed SenecaGlobals growth. He further
states, We are similar to any other organizational
evolution down the road, and we do and will always look
at acquiring companies for growth. Tummalapalli adds,
Differentiation is the key. Our focus is different. We
have data to support, and we have history.

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CIOReview

JULY 2014