Pratiti Technologies

Tag: Outsourced software product development

  • How to Choose a Technology Stack to Empower Your Software Product Development

    How to Choose a Technology Stack to Empower Your Software Product Development

    A tech stack is a combination of programming language, framework, developer tools, and the deployment strategy.

    Deciding on a tech stack is critical for the development of the application. However, choosing the right tech stack is a tedious task; evaluation of the right language – Java, PHP or Python, deciding the appropriate database and front-end applications, and picking a robust and scalable framework requires checking trade-offs benefits and limitations in detail.

    Why choosing the right tech stack is important?

    Using a technology stack is essential to expedite product development. Understanding how to choose the right mix of backend and front-end technologies can not only ensure faster development but also robust, scalable and separable product,

    Here are a few pointers that can help you choose the right tech stack to empower your software product development.

    1. Choose tech stack based on business needs

    choice of tech stack depends on the business context, sector and criticality of the product, For eg, if you are just starting, you may want to have a quicker time-to-market; Java, will be the first consideration as the learning time is less, there are multiple readily available modules that you can plug and play with. If you are building a product for the compliance industry, then your preference should be a tech stack that has a robust architecture to adhere to compliance and rules and if the product is mission critical, a failsafe / failover mechanism will be required.

    1. Keep the future in mind

    The product roadmap and future evolutions need to be kept in mind. The tech stack that you choose should need to be able to cater to your business’ future needs like – new feature and module additions, integration with external solutions, the capability to store and manage increasing data, and the possibilities of maintaining archived data for years, additions.

    1. Start simple before getting Techy

    It is ideal to test your idea first. Before you get into a thorough search of the right tech stack, build a prototype to know what your development limitations or what additional checks are you need to list down when looking for the right tech stack. For instance, if you know that most of your end users will be using a low-end phone, your tech stack should include tech and framework that caters to low-end phones, and this can be known via a prototype to test the market. Also, refer to this guide on Guide to successful tech product development – What you need to know. We list out a unique tech development process that delivers consistent results.

    1. Pick Robust

    New technologies keep coming and some may sustain, some may not. Hence it is important that you pick a tech stack that has been there in the market for a while and has steadily grown and is robust and mature.

    1. Scalable and Separable

    With technologies getting better and changing so quickly, what is preferred today, may not be tomorrow. Your front end, backend, tech pieces should be scalable if required and easy to separate as well, to allow integration with a new technology that may come in the next few years.

    1. Define Budget for the tech stack and developers too

    Availability of developers is an essential point to be factored in. You choose the right tech stack based on other factors, but your recruitment team has a challenge finding the right candidates and in your budget. It is not only about paying for the tech stack, but you also should be able to afford the developers.

    We hope the above thoughts help you in your journey of tech development and you are now more aware of the choices involved in choosing a tech stack.

    In a nutshell – the choice of a technology stack is largely driven by the business requirement and complexity of the application, industry the application will cater to, budget, users of the product/application, and the future evolution plan of the product. Consider all these points before finalizing a tech stack.

    Feel free to reach out to us for a free consultation at Pratiti You can email us on contact@pratititech.com

    Our Services

    IoT App Development | Digital Twin Software Platforms | Industrial IoT Solutions | Digital Product Development

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

  • Do This to Ensure 100% Improvement in IoT Product Development

    Do This to Ensure 100% Improvement in IoT Product Development

    From computing devices to connecting devices and generating enormous data. However, this data is rendered useless if it is collected, stored, and analyzed effectively.

    IoT (Internet of Things) enables organizations to drive innovations through the efficient use of data. IoT capabilities, such as data analysis and automation, assist businesses with better decision-making, efficiency, and productivity.

    Organizations that get IoT right, the benefits are copious. Thus, it isn’t surprising that the IoT industry is growing in leaps and bounds. As per a report by Gartner, the IoT market is projected to reach a value of USD 2.0 trillion by 2020, with 8.4 billion connected things.

    That said, despite IoT’s significant growth and its priority in business decision-making, many IoT undertakings are registering stark failures.

    According to a Cisco study, as high as 60% IoT initiatives fail at the proof of concept level. In the same study, only 26% of companies agreed that they had a successful IoT project.

    Almost three-quarters of all IoT projects are failing. There are myriad factors contributing to this failure, some of these being an unclear objective, poor choice of technology, interoperability issues, or simply undefined project requirements.

    Based on experience with developing, launching, and expanding the IoT projects across organizations, we share some of the most essential to-dos that can help you in successful IoT software product developments and implementation.

    1. Avoid saving costs at the wrong place

    Prototyping enables companies to consider the needs, inputs, and requests of clients, and swiftly demonstrate, via mockups and wireframes, what their IoT product will look like while leaving enough headroom for iterations. So do not try to save costs by skipping prototyping, this will only increase your woes by adding additional expenses in the form iterations and change requests at the later stage.

    2. Don’t expect a ready platform to ease development

    The irony about picking an IoT development platform is that selecting an appropriate platform can enable your project, but the selection of the platform can be extremely testing.

    Though many users believe that off-the-shelf platforms can never go wrong since they have been tried and tested, this belief may not be always true.

    Off-the-shelf platforms have a generic design, which has been made for a wide range of domains, like home automation, renewable energy, etc. Moreover, you will have to rely on the vendor for firmware up-gradation and security patch updates, etc.

    Some research can help understand what will suit your need better an off the shelf platform or a bottom-up development using open source technologies.

    3. Scalability should be considered well in advance

    IoT is a network of connected objects sharing and exchanging data continuously via the Internet. With technology advancements, the motives driving IoT product development are evolving from simple tasks, such as data analysis, to more complex functions, such as smart networks.
    This quintessential shift demands an IoT product that is highly scalable, horizontally (expanding network to accommodate an increasing number of connected objects) as well as vertically (building the efficiency of an already-existing software/hardware by attaching more resources).
    Therefore, scalability is a functionality that should be considered right from the beginning of product development.

    4. Data security cannot be compromised

    With IoT comes the upside that we are able to achieve and do things that could not have been thought of before, e.g., switching on your washing machine using your cellphone. However, this continuous digital connectivity also poses higher security vulnerabilities.

    Research has proved that hacking can result in malicious access to critical data. So data security should be key right from product development. Security should be resilient from the most basic (password protection) to the most advanced levels (platform security).

    Employ functionalities such as hardware security modules, key manager, end-to-end encryption, machine-to-machine authentication, API security, and cloud security, to ensure your IoT solution has the toughest security perimeter. Talk to us to know more in this regard,

    5. Clear deliverables for hassle-free development

    Product engineering – designing, prototyping, developing, and implementing – involves various members and teams, including stakeholders.

    Communication and collaboration are key to product engineering. It is crucial that all stakeholders and teams are aware and informed well in advance about how the success of the final developed product is going to be measured.

    At Pratiti we use Agile and DevOps to ensure this clarity of objectives, proper planning, and timely reviews. All this ensures that everyone involved in the development process is on the same page and understands the expectations.

    Conclusion

    IoT or Software product development is an extensive process that requires attention to every detail.  Working with experts helps to smoothen your tech journey as nothing can replace knowledge, experience and sound advice.

    Over the years we have developed a unique tech development process that ensures consistent results for many of our clients. To know more about this process you may. Download this “GUIDE TO SUCCESSFUL TECH PRODUCT DEVELOPMENT”. Hope you find this guide helpful.
    These small details matters as much as the overall development process. If you need any advice or consultation with regards to your area of work, please feel to reach us on contact@pratititech.com

    Our Services

    Software Product Development | Digital Twin Platform | Healthcare App Development | Solar Energy Analytics

    Nitin
    Nitin Tappe After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.
  • 5 Tips To Get Most Out Of Tech Product Development

    5 Tips To Get Most Out Of Tech Product Development

    Data shows, only 10% of tech startups are successful wherein others fail. The reasons why most tech product developments don’t succeed can range from lack of planning and a shortage of funding to saturated demand or excessive competition in a given segment.

    Interestingly, the failures show less connection with technology and more to do human element. These aspects include the Maturity of the team, understanding of the business, maturity of the product idea, etc.

    To develop the right product good old business techniques, play a vital role

    • Competition analysis
    • Market demand analysis
    • Study of buyer behavior, needs
    • Marketing plan

    While the above holds true for any business, These critical can ensure you get the best out of your new product Read on:-

    1. Begin with defining the product

    A critical starting point in new product development is to define the product, its features, expected behavior, etc. Pratiti’s product definition process includes the following questions:
    • Who is the end customer? What is the customer’s business problem?
    • What needs and the audience will the new product cater to to.?
    • How will the product cater to and solve the specific business challenge and meet needs?
    • What is it that the proposed product can do which any existing competitor product in the market cannot? What advantages does this bring for the customer/end user?

    The result of these and many questions is an “Experience canvas”, an experience canvas helps clarify what problem your project is trying to solve, the customer(s) you’re solving it for, and what success looks like.

    2. Choosing the right tech stack

    The age-old debate of open source vs licensed software is the first hurdle to tackle. These decisions can be fairly easy to tackle given the cost and economic constraints of a start-up. Compatibility, convenience, and ease of availability are some of the other aspects that always work in favor of open source.

    Tech stack is the combination of programming languages, tools, and frameworks that the developer uses to create web and mobile applications. Leveraging microservices architecture and using it to your advantage is something that most start-ups don’t pay enough attention to. An experienced tech team can help to make these decisions fairly simpler.

    3. Always look for agile development

    With Agile we can ensure that the requirements and the solutions move hand-in-hand ensuring a flexible and rapid solution to a change. Organizations have made the shift from traditional waterfall models to agile due to its obvious advantages.

    Key reasons to adopt agile include shortening time-to-market, realizing an early ROI, incorporating customer feedback in the development cycle and reducing the risks of failure.

    4. Move ahead with DevOps adoption: Automation of Manual Tasks

    The rise of DevOps has been as fast as the rise of term-Digital Transformation. ‘Dev’ refers to software application development, and ‘Ops’ refers to IT operations. With DevOps, many companies like Pratiti Technology ensure that the development and operations teams break down the silos and work in tandem for faster innovation and deployment

    5. Think Cloud

    Cloud adoption is more than choosing a technology; it enables getting ready for the future. While the SaaS model has given rise to a host of new products and companies, it also means that organizations leveraging cloud technology are scalable and are exposed to associated benefits such as analytics.
    One key consideration while defining the cloud strategy would be to understand what type of model (private, public, hybrid) suits your needs.

    Whether you are an innovator, consultant, startup or a tech person, Talk to a Craftsmen at Pratiti, who will help you ideate, synthesize and perhaps realize your product Idea and smoothen your tech adoption journey.

    Our Services

    Digital Twin Platform | Healthcare Software Development | IoT development services | Digital Product Development

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

  • Meeting ‘Time To Market’ Targets On Your Innovations

    Meeting ‘Time To Market’ Targets On Your Innovations

    It is so refreshing to be meeting up with so many different entrepreneurs in digital transformation space and understanding some of their innovation. It is amazing to see the energy levels of all these entrepreneurs and the level of commitment that they have for the ideas that they are chasing.

    While ideas are great, it takes two important things for them to be able to realize their dreams and create a working business model. One is of course the right level of funding and the other is the right technology mastery to ensure that ideas can see the light of the day in the most efficient manner possible.

    To add to the above point, every innovation has a shelf life, which is typically based on how soon it can be copied or aped by another competitor. If the other company has better branding muscle and reach to the target market and they can bring out the innovation to market sooner, then you end up losing your market share. Worse still, if you end up taking too much time, before you get the product to market, the market may already be cluttered or the requirement for such a solution might not even exist.

    The bottom line is that time is of essence and it is extremely important that you are able to meet ‘time to market’ targets on your innovations.

    A lot of companies take the outsourcing approach to several of their non-core functions to make sure that they can free up their time for their core activities. Nowadays, there are a lot of companies which also partner with others for technology expertise. This increasingly makes sense, given the time pressure you are under. Rather than having to source, on-board, retain talent, you can engage with firms, that have specialization in specific technology areas that you need. You can also ride on the management and industry experience of some of the founders in the process, something which you cannot simply manage by just hiring people.

    Pratiti technologies is focused on helping entrepreneurs realize their innovations with certainty. The core team at Pratiti has over 25 years of industry experience and we have built some great competencies in the Cloud Computing Technologies and Data Analytics. We offer flexible partnership models, through which we partner with you to build scalable technology solutions to bring your innovation faster to market.

    Nitin
    Nitin Tappe After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.
  • 5 Questions You Need To Ask Before Choosing An IoT Partner

    5 Questions You Need To Ask Before Choosing An IoT Partner

    The journey from conceptualizing to implementing any Internet of Things (IoT) project is an arduous one. Even though many companies start out thinking that developing an IoT solution is a onetime affair, it is rarely so. As the technology landscape evolves, existing solutions continually call for the need to evolve and upgrade with the changing times.

    Hence, choosing the right development partner in this continuous journey right from the beginning is critical in terms of ensuring agility of processes, the efficiency of resources and ending up with successful project outcomes.

    Given this reality, it’s pertinent to ask the right questions to choose the most appropriate IoT partner for your project. On that note, here are 5 questions to help you make a good decision –

    Do they have the requisite knowledge and experience to do “your” job?

    When investing in building an IoT solution, you’ll ideally want to trust someone only with the desired experience and expertise, specifically related to your own specific requirements.

    While assessing any service provider, you should find out if they have a portfolio that reflects a history of creating capable solutions at the enterprise level. If they have worked in your industry segment it can be a big plus for you. Even if they haven’t, as a single company may not have experience in all industry verticals, you can examine their approach, for that might mean a lot in terms of demonstrating their capabilities.

    It’s also relevant for you to check how proficient they are in terms of both hardware engineering and software development, as any IoT solution essentially covers both these aspects. Knowledge of software development is important, but the ability to tackle the hardware engineering aspect cannot be ignored. Good knowledge and experience in both are critical in terms of influencing outcomes positively.

    Ideally, it’s best if you choose a provider that is experienced and provides a one-stop solution, across all your needs. Such a choice would imply efficiency, both in terms of execution and costs over the long term.

    How flexible are they?

    In addition to the technology fit, it’s very important to look out for flexibility in your IoT partner. You must attempt to find out how much the provider is willing to align their solution with your legacy architecture and whether they’re agile at implementing.

    Ideally, you should try to look out for one that is willing to use the technology you already have, and the devices and tools you prefer. It also makes sense to check if they agree to provide a customized or personalized solution in sync with the other aspects of your company’s infrastructure.

    Another filter you can apply here is to check whether they lock you in with proprietary technology. It’s only intuitive to avoid such providers from a future point of view.

    Do they have the ability to scale up as your needs evolve?

    As your solution propagates in the market, which is under constant evolution, your solution will naturally need to upgrade over time.

    The right IoT partner will be the one that demonstrates the ability to scale up and help you manage changes seamlessly. You might need to add new features or devices, and this must not imply reorganizing your entire solution.  Completely discarding your existing solution or turning to multiple third parties at a later point will only throw in unnecessary inefficiencies, delays, and unexpected cost escalations. Hence, it’s necessary to engage with an IoT partner that is capable of scaling up as your solution evolves.

    Moreover, you also need to be sure of their ability to work and manage your projects remotely.

    Are they trustworthy in terms of ensuring data security?

    Given the dynamic nature of the IoT environment, robust data security can be easily regarded as a non-negotiable requirement. The environment must be controlled, protected and have robust security mechanisms.

    Hence, you need to ensure that you only shortlist the provider who knows how to address and incorporate encryption of data, protection of your device and security mechanisms for device and cloud storage.

    The fact is that the end-to-end process of developing any IoT solution is multilayered. It covers the technology stack, devices, data collection, storage, and transmission, connectivity, cloud services, and much more. Any partner you pick needs to demonstrate thoroughness in this entire process and its components to avoid possibilities of data security breaches. You should also review their security audit process and tools.

    What is their cost structure like?

    All said and done, usually budget is the final deal maker or breaker when it comes to arriving at a decision. Taking the last call on the basis of a blended, ballpark cost estimate without a detailed breakup is incomplete information to make a budget based decision.

    It’s only intuitive for you to ask for a detailed quote. This will ensure that you have an apple-to-apple comparison between the different service providers. Also, the budget can never be the only decision point. You should be prepared to pay a premium to get a reliable and robust solution provider. This can save you significant headaches at a later date.

    With these considerations in place, you’re likely to pick a service provider that does justice to your project, time and resources.

    Our Services

    Digital Twin Platform | Healthcare Software Development | Solar Energy Analytics | Digital Product Development

    Nitin

    Nitin Tappe

    After successful stint in a corporate role, Nitin is back to what he enjoys most – conceptualizing new software solutions to solve business problems. Nitin is a postgraduate from IIT, Mumbai, India and in his 24 years of career, has played key roles in building a desktop as well as enterprise solutions right from idealization to launch which are adopted by many Fortune 500 companies. As a Founder member of Pratiti Technologies, he is committed to applying his management learning as well as the passion for building new solutions to realize your innovation with certainty.

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