Remove Companies Remove Outsource Development Remove Product Remove Software
article thumbnail

6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.

article thumbnail

VR Company Specular Theory Lands $4.5 Million Air Force Contract

L.A. Business Journal

Venice-based virtual reality software company Specular Theory Inc. million contract with the Defense Department to expand development of its training products for the Air Force. secured a $4.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.

article thumbnail

Using Generative AI to Drive Corporate Impact

TechEmpower

TechEmpower has been instrumental in developing chatbots like these, utilizing generative AI to sift through internal documents and user manuals, enabling them to provide precise answers to customer service questions. Overall, generative AI is a transformative asset in the software engineering lifecycle, from conception to deployment.

article thumbnail

Iteris Wins $1M Contract In Texas

socalTECH

Santa Ana-based Iteris , which develops products used in transportation management, reports that it has been awarded $1M in a contract in the City of Round Rock, Texas. According to Iteris, the company's products will be used for a smart mobility initiative.

article thumbnail

6 Ways To Prevent Disastrous Outsourcing Decisions

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.

article thumbnail

How to Make Sure Professional Services Don’t Take Over Your Software Company

Both Sides of the Table

help you integrate your product with other systems making it harder for your product to be replaced by competitors. deliver profitable revenue that while on gross margins of 50% vs. software at 85-95% it is still profits to help you cover fixed costs. Only Work on Projects That Support Your Core Product Effort.