5 reasons most outsourcing projects fail

There are 5 key areas seasoned CIOs believe you have to get right when outsourcing web and mobile applications.
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  • Software Development
  • Outsourcing
  • Web Development
  • Mobile Development
  • Mobile Apps

Randy has worked in venture capital, private equity and at startups in financial services, transaction processing and machine learning.

Before he co-founded VenturePact, he realized that many businesses were struggling with their digital initiatives. Technology companies were finding it hard to hire and manage great developers and non-tech businesses were having trouble incorporating technology into their business. A key reason for this problem is that outsourcing software, managing remote and distributed engineering teams and hiring the best software developers full time or as freelancers is difficult. Randy, along with his co-founder, Pratham, started VenturePact.com to help businesses better address their tech needs.

They have built a platform to source and manage software development teams on-demand, enabling companies to be more lean and agile instead of having to hire new FTEs every time a new technology (VR, Wearables, IoT, TV etc) comes around.

Another key area they have looked into is how companies can better innovate. The amazing growth in mobile adoption means that businesses have to rethink their entire marketing, sales, and product strategy. Today, customers have high expectations and businesses that do not accommodate them with great mobile experiences will be left behind.

The opinions expressed in this blog are those of Randy Rayess and do not necessarily represent those of IDG Communications, Inc., its parent, subsidiary or affiliated companies.