New Products

When new products need to be developed, there is still the possibility of lowering the overall investment in the product. Also there is no existing knowledge base which needs to be tapped into. This enables customers to choose for an all offshore setup, which reduces the difficulties in communication, culture and knowledge sharing. The team setup for this model is tailored to the specific needs of start-ups and established firms who want to innovate.

Strategy for New product development – Reduce Knowledge Investments

The strategy for new product development is to set up teams in such a way that knowledge investments are reduced to its maximum ensuring focus on product development, agility to release and getting it first time ready are in place.