This is the culmination of the thoughts i started in my previous articles ( The next Dinosaurs ) in which i talked about the process inefficiency which has seeped into the IT companies and IT department's of big companies which has led to fat organizations and inefficient process , leading to cost escalation in multiples and reducing the ability of this companies to change fast to new business models . I also talked about how the downturn forces new process and solutions which leads to tech tonic shift in the existing models. The oil crisis of 70's forced lean manufacturing in automobile industry and hence the growth of Japanese automobile industry at the expense of US.
The current downturn is begging for a similar efficient process and solution for IT industry. The current model has lived its life.
The Yaantrik RaaS Solution is a solution designed in that respect . Yaantrik is my own company name and RaaS stands for a new term i am introducing , it Stands for Resource-as-a-Service.
The patent and trademark for the above solution is in progress.
The main principle for the solution are
1. reduce idle time of resources , move from SOW to pay for duration of use . On an average my study has shown 80-90 % idle times for resources in non management areas . ( QA, Development , design )
2. Move from Resource to skillset . the client should pay for skillset for the duration of time and not for a resource for a duration. IT service provider is tied to get a workdone by skillset and not by resource, they can get it done by any resource and not particular resource.Its win win for client and IT service providers .
3. A Intra and Inter cloud platform in which the resources are virtual, a workcan be done by anyone on the cloud . So a QA deliverable can be picked by any resource irrespective of group alignment. It will be remove siloed resource allocation.
It will be built as a cloud collaboration platform in which vendor's will collaborate and compete with each other to provide skillset and deliverable and not fill in resources. I am reducing the unit of measure for payment from quarter to duration of deliverable.
My calculation is on average project cost will go down by 70-80% on non management areas .
enough for now , back to looking for funding from some generous VC's in this downturn. :) the few i spoke are saying its tough in this market , no harm keep trying , will keep you posted.:)
Friday, March 13, 2009
Tuesday, March 10, 2009
Monday, March 9, 2009
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