The panel was moderated by Jim Bourke, Partner - Withum Smith+Brown. The panelists included Shishir Danani, CEO of Ideavate Solutions, Pat Parisano, Vice President of Tekmark Global and Carl Schulz, Principal at Delta Corporate Services.

The panel deliberated on how in today’s business environment outsourcing is a fact of life. Despite its economic inevitability, outsourcing creates many challenges and to date, has produced mixed results. Maximizing economic value and reducing risk requires

understanding of commoditized vs. high value-added services and how these services are most affectively delivered: in-house, outsourced, or offshore.

The discussion also addressed how emerging & growth stage technology companies can manage and optimize outsourcing decisions and make outsourcing an intrinsic part of their business strategy to gain competitive advantage in the marketplace.

Ideavate Solutions, having offshore development centers in India, is an ISO 9001:2000 certified, leading provider of Outsourced Product Development (OPD) & Outsourced Software Testing services to Independent Software Vendors (ISVs). Our clients range from start-up and emerging companies to mature organizations in multiple domains and technologies.

We help our clients to translate their ‘Product Vision’ into commercially viable Software Products, by offering a wide range of Outsourced Product Development (OPD) solutions such as: Product Co-Development, Managed Development, Modular Product Development, Product Migration, Re-Engineering & Enhancement etc.

Our clients also leverage our offshore Software Testing and Validation services, not only to do a thorough testing of their software products, but also to identify product defects early in the product development lifecycle. This helps them in reducing the overall cost of product quality and bringing a high quality product faster to the market.