An Overview of
Virtusa's Productization Methodology
Faced with downward cost pressures, CIOs
and other enterprise technology leaders
face two major challenges. On the one hand,
they have to develop customized information
technology (IT) solutions quickly to meet
the needs of the business lines in today's
rapidly evolving environment. On the other
hand, they need a standardized and rationalized
enterprise IT architecture to manage the
total cost of ownership. These challenges
often conflict with each other, and a CIO
must perform a high-wire act to balance
the business need for innovation against
the technology management need for standardization.
Virtusa's Productization methodology
allows a CIO to perform the balancing
act of managing such trade- offs. Productization
is a process of applying software platforming
principles to create reusable, modular
components that support an organization’s
IT needs flexibly, with agility.
Organizations can leverage such a set
of sophisticated product-class core platforms
as a central foundation to build customized
business line solutions with speed and
ease. Productization can deliver both
top and bottom line benefits from an organization's
technology investment. It allows the IT
organization to build customizable and
scalable solutions faster, enabling the
company to introduce products and services
faster to market. In addition, the methodology
improves organizational agility and responsiveness
by building change-ready, future- proof
solutions that meet today's needs and
embrace tomorrow's opportunities.
Finally, our Productization methodology
enables the creation of an application
architecture that provides economies of
scale across different business lines
by leveraging common platforms and reusable
components to rapidly assemble and customize
solutions.
As a result, our Productization services
enable an organization to reduce time
to market, reduce IT cost of ownership
and improve the customer experience.