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Entrepreneurship in IT Angsuman Chakraborty “Stay Hungry. Stay Foolish.”
Copyright Taragana2 An Entrepreneur’s Tale You’ve got to find what you love If today were the last day of my life… –Live your life Stay Hungry. Stay Foolish.
Copyright Taragana3Overview Business Process Outsourcing –Call Center –HR Outsourcing Software Outsourcing Software Product Development
Copyright Taragana4 Business Process Outsourcing Overview Delegating –Ownership –Administration –Operation of Process Solving business problems
Copyright Taragana5 BPO Market 146 Billion by 2008 – Gartner 67% Doing / Investigating BPO Simple Bulk Transactions – 58 Billion by 2008
Copyright Taragana6 Types of Processes Core –Strategic advantage Critical Non-core –Not business differentiators Non-critical & non-core
Copyright Taragana7 Process to Outsource Non-core & non-critical Critical but non-core –Specialized Providers
Copyright Taragana8 Process to Outsource – Examples Supply chain management Sales & Marketing Customer Care & Support R&D Contract Manufacturing Finance & Accounting Human Resource
Copyright Taragana9 BPO Providers Transaction ex. Payroll –Easy to manage, Fragmentation Niche ex. Hiring –Outcome based payment Comprehensive ex. HR –Global, process improvement, paid on outcome
Copyright Taragana10 Software Outsourcing Maintenance Custom Development
Copyright Taragana11 Software Outsourcing Market 58% Outsource Software Services Maintenance – 42% +7% Custom Development – 39% + 8%
Copyright Taragana12 Software Project Market Custom Application Development - 42% Security Assessment – 32% New functionality – 82%
Copyright Taragana13 Software Product Development Innovation Low recurring expenses Cumulative / Subscription revenue model
Copyright Taragana14 Idea Model One big idea Several small ideas
Copyright Taragana15 One Big Idea Ebay Amazon Google Microsoft
Copyright Taragana16 Several Small Ideas Microsoft Google Apple Yahoo
Copyright Taragana17 Venture Capital Business Plan Pre-IPO funding
Copyright Taragana18 Software Product Development Successes Microsoft Oracle Apple
Copyright Taragana19 Product Development Vistas Web 2.0 –Google, Del.icio.us, Flickr, Wordpress.com Million Dollar Homepage
Copyright Taragana20Summary IT = Entrepreneurial Opportunity Innovation Infrastructure
Copyright Taragana21 Contact Information Phone – – Web – Blog – AIM / YIM ID - angsuman
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