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Main Subject - Offshore Software Development India: Advantages and Disadvantages
Offshore software development is a kind of outsourcing in which the jobs of software development are transferred to offshore c According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product ountries. Mainly companies in USA transfer software development job to India or other south Asian countries. In India there ar ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in many offshore development companies. In India offshore software development have some advantages and also some disadvantages. lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. Advantages of offshore software development in India India is a densely populated country so the labor cost in In here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ia is too cheap. Along with the cheap labor Indian software professionals are so skilled and high mental level persons. This i d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro s the main reason that the US and Europe companies transfer their jobs in India. By offshoring their jobs the companies will s ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc ve a lot of money. According to a market research normally US and Europe companies save around 70% of their software developme easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi t cost through offshore software development. In US the average salary of software developer is $9000 per year. In India the s nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically lary of software developer is too less in comparison to US. In India generally there are no employment issues. Disadvantag and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ es offshore software development in India There also some disadvantages of offshore software development in India. Ma ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi y outsourcing business fail due to these reasons. The main reason is business understanding. Normally new companies are unable ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a to understand the process of offshore outsourcing and fails before grow. In case of web development outsourcing US companies f dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod und the Indian view of color co-ordination somewhat lurid. Risks in offshore software development in India 1. Off cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin shore software development industry in India is still new, young and largely unproven. However there are also lots of success tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen tories which prove Indian offshoring is best. 2. Stability of the Offshore Countries is another risk. In India and other sout t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel Asian countries stability is less these countries are always involved in politic and religious activities. This will directly ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust affect Indian economy. India is also relatively unstable. If we see on past two years back the riots in Chennai caused many lo y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products st days of development time and they also forced outsourcing. Some software firms to up and move from Chennai. Before offshor . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de outsourcing companies must ensure that the offshore software development companies have business continuity and disaster reco elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip ery plans. Or if not the offshore company should prepare for the eventuality of non-availability of their outsourcing partners tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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