Pratiti Technologies

Tag: 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.

  • Application of Virtual Reality in Renewable Energy

    Application of Virtual Reality in Renewable Energy

    Clients Requirements:

    Our client builds, owns and operates power plants powered by renewable sources of energy like solar and wind. They have built the largest Solar power generation entity in the country. The group has a portfolio of 2500 MW of Solar power generation capacity in the country.

    Business Challenge:

    The solar power plants are spread across the country. To meet the demand and contractual obligations, these plants should be operational throughout the duration and the energy generation efficiency should be optimum. This is taken care by the Operations & Maintenance (O&M) team. This work needs continuous monitoring of the equipment as well as very skilled people to perform the maintenance activity in such a hazardous area.

    The O&M team had reported some fatal accidents where the desired safety precautions were not followed while carrying out the procedure. This resulted in unplanned downtime and injuries. One of the root-causes was identified as a lack of effective training of maintenance personnel.

    To increase the effectiveness of training, they wanted to build a Virtual Reality (VR) based technology solution, which provides highly immersive training to the user with the help of a head mounted display, coupled with 6 Degrees of Freedom controllers.

    Know more about how Pratiti delivered the solution as required by the client and the Benefits, fill the form to download the detailed case study.

    Download The Case Study

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      Nitin

      Pratiti Technologies

      Pratiti was founded in 2015 to help global customers realize their innovations faster. Cloud technology, Artificial Intelligence, IoT and Mobility technologies driving disruptions in all businesses globally. Pratiti is becoming a partner of choice for technology partnership for outsourced product development (OPD) for Startups as well as Enterprises.

    • A 10-Point Checklist for Selecting the Outsourced Product Development Partner

      A 10-Point Checklist for Selecting the Outsourced Product Development Partner

      Successful businesses often outsource their tech product development to an offshore company with domain expertise and technical skills, so that they can focus on their core competencies. In general, offshore product development companies could play any one of three roles- assistant, advisor, or partner.

      A software development company playing an assistant’s role will cater to specific delivery levels. The one associated as an advisor will take care of things at the management level. A software development partner, on the other hand, will work entirely toward your goals and put efforts to make the engagement a success.

      Outsourced Product development partnerships are extremely beneficial for businesses that want to get experts to develop their products, while they focus on other vital aspects of their business. A recent Gartner report suggested that global IT spending is set to increase to $3.8Trillion in 2019/20, showing a 3.2 percent increase from the investments in 2018/19.

      The lack of in-house talent and the high cost of in-house employees remain the top reasons why companies outsource product development. A Statista report shows that India and China are the leading exporters of tech product outsourcing services, bringing in a cumulative $150billion in IT exports.

      But, in an overcrowded tech market, it can be challenging to choose your ideal partner for an outsourced partnership.

      The Cost of Choosing the Wrong Partner

      Estimating the number of hours, the amount of effort, and the cost of reiterating the process can seem daunting. While contracting out product development might look easy at first, as businesses get deep into the process, they often realize they have married the wrong partner.

      Married, because what comes after is uglier than a divorce. Know that you are risking trust, IT security, knowledge, quality, time, and money with any outsourced product development partnership. Thus, when you choose the wrong vendor, you lose a lot more than money and time.

      Now that we know how expensive it could be to get your product in the wrong hands, let’s see how we can prevent that from happening.

      A 10-Point Checklist for Picking the Right Partner

      • Industry and Technical Knowledge – This one is a no-brainer for any company outsourcing its product development. Your ideal outsourced partnership should stand on a foundation of competency. Look for employees on their team with the right skills. Arrange for a meeting with their key personnel. Know the business’ cumulative knowledge and expertise by asking the right questions.
      • Process Management – The software development model that your partner uses makes a huge difference in how flexible, transparent, and inclusive their process is for you. You want to make sure they use the latest methodologies such as DevOps, Agile, and so on. Managing a complex product development process can be a hassle for a noob company. Watch out.
      • Partnerships – Look at the current and previous partnerships the organization has had with businesses. You might want to check whether these companies come from various time zones, languages, and industries. The primary aspect we are looking for is compatibility. Will they be able to fit in with your processes and gel up with your organization as a partner?
      • QA and Testing – A salient and critical feature of any tech product is its quality. You don’t want to invest in a company and end up with a buggy product that does not perform well. To ensure product quality, look at the prospective company’s quality assurance and testing methodologies. You might also want to consider talking to their QA experts.
      • Communication and Transparency – Almost all partnerships can fail without the right communication systems in place. You say one thing, they hear another. Miscommunication and gaps in interaction are common when working with a remote partner. Learn how your prospective company maintains consistent communication and keeps the progress transparent. You want to work with a partner company that keeps you in the loop at all times.
      • Skillset Diversity – Any tech product’s development involves a team with varied skillsets. You need developers in various programming languages, UI/UX designers, quality analysts, testers, support specialists, and so on. If your product involves these functions, you need to partner with a company that has a varied skill set on the board.
      • Experience and Testimonials – When looking for an outsourced product development company, consider learning about the combined experience of the leadership team as well as that of the product development team. You don’t want to work with fresh graduates when you need core expertise and insightful experience. Also, look at the prospective company’s testimonials. What other customers have said about a company tells a great deal about their services.
      • Flexibility and Engagement Model – More and more companies these days are looking for partnerships with flexibility and an array of engagement models in pricing. Almost all businesses now need customized engagement models to fit their needs instead of the other way around. Flexibility and the right engagement model will ensure you don’t shell out more than you should for your product’s development. A partner with multiple engagement models (T&M, FFP, NTE, Risk Reward / Royalty, etc.) offers a smoother, long and lasting relationship.
      • Proactiveness – The ideal outsourced product development partner must be proactive in catering to your business’ needs. This company should not wait around for you to lead but should proactively present new ideas and innovative concepts to bolster the development of your product in the right direction.
      • Commitment toward Shared Goals – No relationship can survive if two parties are vested in their own interests. Therefore, your ideal outsourced development partner should have a deep understanding of what you want to achieve with product development. Your outsourced team should then work toward these goals to create a synergized environment that boosts business.

      There is a lot for businesses to consider when choosing an outsourced product development partner. Your product’s quality, functionalities, and appeal entirely depend on how it was developed. Not only that, but you also risk your market reputation, brand image, and customer trust when outsourcing such an essential function.

      At Pratiti, we believe in taking full accountability and ownership of your product while it’s still developing. Instead of being your vendor, we extend our services to become your partners in ensuring the success of your product. We have the right blend of design and tech competency to develop complex tech products with an eye toward your industry. Talk to us today at insights@pratitiech.com / contact@pratititech.com.

      Our Services

      Software Product Development | Digital Twin Platform | Healthcare Software Development | IoT Development Services

      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.

    • After MVP, What’s Next? How to Define the Version 2.0 of Your Product

      After MVP, What’s Next? How to Define the Version 2.0 of Your Product

      Organizations that take the MVP route are able to launch their product with a handful of important features – quickly and cost-effectively. However, many get stuck not knowing what to do after MVP. As they try to incorporate all the learning post MVP, they scale their business without realizing that the risks outweigh the benefits. They don’t realize that while a Minimum Marketable Product is good to learn about customer preferences, it is also important to drive efforts towards building a Minimum Loveable Product or MLP that a handful of customers love. After all, as Sam Altman puts it, “It’s better to build something that a small number of users love, than a large number of users like.”

      Although launching an MVP can help you in evaluating the need for your product in the market, how do you go about developing version 2.0 of your product? How do you ensure your product sells in the real world? How do you ensure your audience loves your product? How do you really “define” the version 2.0?

      Read on to find out!

      Defining version 2.0

      Once you are sure your product is viable, it’s time to make it marketable. However, if you try to grow too fast, without gathering feedback from your customers, or without driving efforts towards improving performance and ensuring scalability, there is a high likelihood that your product will fail in the real world.

      Since there is a lot going on beyond the functional & technical aspects of the product at this stage, you need to transition from a project-based approach to a more product-based approach. Not only do you have to operationalize your business, you also have to invest in a core team who will take care of the functional areas of your product so your business can thrive and grow. You also have to demonstrate to prospective investors, the value your product will bring to your customers

      For success, here’s what you need to do to define version 2.0 of your product:

      Gather feedback and data

      The first step after your MVP is released to the market is to start gathering feedback and data. The experience your customers have with your MVP will lay the foundation of what features you need to build on as the next step. Your customers will be your biggest critics, and their decisions will influence your development decisions the most. When customers use your MVP, there will be some features that instantly strike a chord, but also some which do not drive value. It is through their feedback that you can get the real picture of that has worked with your customers, and what hasn’t.

      Gather customer feedback based on their experience with the product. Document all of their suggestions in one place, including interview excerpts, feature requests, and problems (or opportunities), so teams have a ready reference to the feedback as and when they need it. Use modern tracking applications to prioritize feedback and deliver the experience customers want. Don’t limit customer feedback to just the interface design; use it for more valuable aspects like product feature ideation and refinement.

      Ensure continuous estimation

      When you set out to receive feedback from your customers, you will most likely end up with a huge backlog of suggestions and ideas. Accommodating major changes can be quite challenging, especially from the technical perspective. Therefore, it is important to prioritize suggestions, and estimate the effort (and cost) that will be required to incorporate each of the ideas. Make sure to identify top features, and pair them with buying personas. Always make it a point to drive collective collaboration and build your product in an incremental manner. Keep refining initial pricing levels to optimize conversions and ROI.

      Incorporate the (desired and required) features into the product

      Any MVP is built based on your understanding of the needs of your customer. However, to build version 2.0, you need to take customers’ feedback and inputs into account and build your product such that it functions as they would like it to function. Taking customer inputs and feedback seriously is the only way you can ensure your product doesn’t veer along unexpected paths. Enlist all the features or improvements that have been suggested; break them down into sprints or user stories, and develop the most important features in every sprint.

      Work on improving performance

      It doesn’t take a lot of time for your customers to shift from your product to your competitor’s. Performance should always be your priority; but many startups get overwhelmed with a sudden surge in customers. If you do not have a plan in place to cater to an increasing pool of users, you will end up losing the ones you have.  Therefore, scalability is something you need to be very serious about while defining version 2.0 of your product.

      Make improving performance the main goal at every stage; constantly incorporate customer feedback into the product in the form of features and address the needs of your existing customers. Make sure you are ready to handle full-fledged traffic after the release of the product in the real world. This will not only help you to improve the experience your customers have with the version 2.0 of your product, it will also help in providing the most value.

      Make the product bug-free

      In a world where thousands of products get launched every day, providing a high-quality, bug-free product is a requisite for business success. Any issue with your product, and you can lose your customers – with the blink of an eye. While defining version 2.0 of your product, it is important you incorporate appropriate testing procedures and quality standards to make your product bug-free. Make use of continuous testing, and test automation suites to make sure your product meets the needs of your larger audience. Ensure your product meets the specified quality requirements across different scenarios, loads, and users.

      Put the right foot forward

      You can begin your 2.0 journey by strategizing a roadmap for launching your product into the real world. Understand why you are developing the product, for which users, in which market, and with which features. Correspondingly prioritize your feature set and your pricing model you think will resonate with your target audience. Don’t be rigid about clinging to your understanding of customer needs; be open to what your customers say and incorporate their feedback into the product for better success. Bon voyage!

      Our Services

      Solar Energy Analytics | Healthcare App Development | Offshore Software Product Development | 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.
    • Software Development for Startups: Expectations vs. Reality

      Software Development for Startups: Expectations vs. Reality

      There comes a stage when all startups hit a wall–the business is a couple of years old, is scaling well and has ample seed funding to start exploring new avenues. Everything is working great and then comes the big question, “How to move your product to a new level? What features to add that connect better with users and gain better market share?” Developing a business software application is usually considered the most challenging aspect for budding startups. Should an in-house software development team be built up or should third-party alternatives such as outsourcing be utilized? These are questions that every startup faces at some point.

      When deciding to outsource a start-up has many expectations from the provider; an outsourcing product development company, who can enhance the idea better and define specifics, an expert tech team, an expedite delivery and the value add. The on-ground reality can be completely different. Let us have a quick look at some of the expectations vs. realities of software development for startups.

      Expectations

      • Requirements defining:

      A start-up will have a great idea, enthusiasm, and funding as well at times, what it may not have is a related experience and enough resources, hence choose to outsource.
      The expectation from a software company that they choose is to document the idea, give it the right shape, define processes around its execution and help traverse the journey of software development in an organized way.

      • Technical expertise:

      This is an essential skill that a start-up would like to see in the software vendor it chooses as it is important for the vendor to be able to cater to the expanding requirements of its products with evolving technologies. Working with one vendor who can take care of end-to-end technical requirements is what a start-up looks for, rather than a multi-vendor approach.

      • Expert developers:

      Software development includes diverse responsibilities, for e.g. implementing new features, analyzing requirements, and fixing bugs. Start-ups expect that their hired talent has development expertise, including exposure to programming and desired qualities of software engineering.

      • Quick turnaround:

      Developing product in-house can be a challenge for a start-up as skilled developers and moreover enough developers, and an array of expertise for a timeline delivery can be a roadblock. Comparatively quicker delivery of the product becomes easier with an established software company with an expert developers’ team and tried and tested models and automation processes, helping them to go live in a quick time period.

      • User-centricity:

      Startups expect the developed software to be technically robust and at the same time be user-friendly for better market acceptance. A simple and attractive user interface that is not difficult to navigate and easy to search the required functions.

      Reality

      All start-ups diving into software development for the first time will have the aforementioned expectations. That said, reality varies from expectations (to large extents) during many phases of the complete software development life cycle.

      • Requirements:

      Start-ups believe that their software requirements are pretty well defined and would not need much alteration, but they forget to consider that business requirements can be pretty dynamic. Moreover, since startups are themselves on a new journey, well-defined requirements are very early to foresee. As startups scale, so does their business, which means the inflow of more projects and thus changing requirements. The ground reality is that this statement is true for most startups. Therefore, though the opening structure is well defined, over time, most startups grow and their requirements become myriad.

      So an outsourcing software development company needs to look at the product from all aspects; consider the future scope for enhancements, give thought to market acceptance, and be agile to address the changing requirements to enhance the product.

      • Meeting Pre-Defined Timelines

      Contrary to expectations, meeting timelines can be extremely difficult for startups because of the changing requirements. Startup owners always aim for cost optimization: work is hectic and resources are few—a common startup scenario. Therefore, the pressure to meet deadlines is exceptionally high. In reality, an unorganized or rigid vendor may not be able to meet with fast-paced working culture in a startup.

      Choosing to outsource product development to an organized software vendor like Pratiti can help plan the project better and stick to the timelines. We empathize with the needs of the startup and are flexible giving the ease of scaling the team, as required.

      Read our E-book on guide to successful product development to understand how we help bring structure and organization to a dynamic software development process.

      • Keeping projects User-focused

      Though startups initially start with the dream of making a user-centric product, with time and the tasks piling up, it is only natural for startups to focus on the “features list” rather than on customizing and modifying the solutions to address the customer needs. Therefore, application development becomes a “checklist practice” rather than with the aim of creating a solution that caters to specific client requirements.

      A right development partner who has the experience and empathizes with the customer will have the foresight to understand what the end users want and what the market will accept, and then plan the development accordingly.

      • Best practices and standard processes

      Every software development project should have a well-defined blueprint and follow best practices to ensure the final output is as close as possible to the desired application. Thus, requirements should be carefully documented, At Pratiti we do this with product definition. We understand the developing a new product is a journey as the market is dynamic and any idea matures over a period of time. Hence we provide the best craftsmen to craft your tech journey.
      Know how we recently helped a startup traverse the tech journey for a post-acute healthcare product.

      Conclusion

      It is a well-established fact that startups encounter several inconsistencies between their software development expectations and the actual reality. However, there are several simple steps that can help bridge this gap. Outsourcing the development to a reliable software development company like Pratiti can ensure these hiccups are avoided and the best practices are followed since day one.

      Our Services

      Solar Energy Analytics | Healthcare App Development | 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.

    • Why Software Product Development Needs to Focus on Journeys Rather Than Solutions?

      Why Software Product Development Needs to Focus on Journeys Rather Than Solutions?

      In the present competitive world, businesses prefer outsourcing their software product development requirements to the dedicated IT and tech companies. After all, the Outsourced Product Development or OPD service providers can provide you with the much-needed competitive edge as they have expertise available to deliver an apt solution. But the reality is that most software/IoT products fail to generate desired results and many a time, require enhancement after the project completion.

      The software development methodology followed by an OPD player plays a vital role in the product’s success.

      We believe that the tech product development focus needs to shift from the existing project-focused to a journey-focused one, bringing true agile methodologies to work.

      Many times, the traditional project-focused model does not offer an in-depth understanding of what the customers actually want. Teams work only in silos and do not understand the project landscape; Lack of this understanding becomes a hindrance in the process of developing the product. Developing products which fail to fulfill market requirements.

      Real Life Example

      A case in point is the recent healthcare start-up we worked with. The Start-up wanted to develop a comprehensive IoT based health care product. The clients envisioned to address the pressing post-acute care issue in the European market with an IoT solution that can ensure complete recovery for patients’ post-treatment.

      The customer wanted to develop a product that would directly capture vital health parameters of the patients like temperature, blood pressure, glucose, etc. from the medical devices. They also wanted an Integration with e-commerce companies helping direct ordering through an app. Further integrations were envisaged with Care providers, Hospitals and even insurance companies.

      Once the customer approached us, we at Pratiti employed our design thinking-based product definition framework to really empathize and understand the problem customer wanted to solve using technology.

      This resulted in an improved understanding of the actual customer needs. The result was we were able to Say “NO” to initial requirements of the customer. We were able to help the customer understand their real requirement. This reduced the initial requirements.

      We were also able to reduce the MVP (Minimum Viable Product) development time, and costs associated with the product development also reduced significantly.

      The customer was able to take this MVP to the market and do trials and understand the usefulness of the solution developed. This helped customer launch the product earlier at a lower cost and prioritize the features needed in the product in a phased manner.

      Thus, we enabled the tech journey for the customer. We continue to engage with this customer and partner together to bring new enhancement and features in the product.

      Innovation Requires Continuous Development

      New emerging business requires continuous enhancement to the product. Let’s take an example of Uber that of ride-hailing start-up Uber. They have perfected the art of changing its dimensions as per the requirements of the present market situation. Uber always focuses on bringing in new features to its business, like they use the taxi for advertisement, uber eats now offers food on the go and much more.

      The company knows that to survive in this competitive world, it has to keep on innovating. In the same way, to produce better quality software tech product, one needs to keep developing the technology, thus we say that tech development is a continuous journey.

      We at Pratiti Technologies have skilfully mastered this art. We partner with our client as their technology partners and ensure we craft a smooth tech journey for them.  We ensure the right product definition and follow a unique tech development process (Download free guide here) to ensure successful tech development for the clients.

      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.

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