Outsourced product development (OPD) is a practice in which an organization hires a third-party provider for the development of products and services in a variety of fields (such as IT, business, communication and HR), and even idea generation.

Software Terms
Data Freeze means a dataset obtained at a specified timepoint that contains data ready and amenable to analyses.
Sustaining Engineering involves the identification, review, assessment, and resolution of deficiencies throughout a system's life cycle.
The main difference is that outsourcing refers to the whole project support, while outstaffing provides hiring and maintenance of individuals.
For a beginner or the inexperienced in this field, all these terminologies may seem synonyms. It became essential to understand each of these terms independently if the software doesn't work as expected.
In today’s business world, the importance of data cannot be overstated. But the ever-growing amount of information makes it difficult to handle all the incoming data and utilize it in the most meaningful way. How does one process these vast amounts of data and bring big data to a consolidated form? In this article, we will dive into the data pipeline and its main features and investigate how to build a reliable pipeline and avoid common early-stage mistakes.
This post will examine why the RFI has become an outdated tool for software selection and look at how a software POC can help your organization choose the best supply chain planning solution by aligning directly to your business challenges.
The Release schedules show two freeze dates: Soft and Hard freeze. What's the difference between Soft Freeze and Hard Freeze?
Scope creep is not something to be feared — it is something to be removed from the equation. Fortunately, the process by which you can be confident of avoiding scope creep also enables you to provide a top-quality service for the client in terms of assessing their needs and providing a solution that should deliver to a more than satisfactory standard.
Bleeding edge technology is a type of technology released to the public even though it has not been thoroughly tested and may be unreliable.
If you opt for web app development, you should be aware of the different types of web apps you can build. There are three main types to choose from: multi-page applications (MPAs), single-page applications (SPAs), and progressive web apps (PWAs).
A PoC and a prototype are used at the pre-product stage and require minimal-to-medium investment. With MVP development, you enter a product stage with core functionalities and features to see how the market receives your idea. Building an MVP requires more time and money than creating a PoC or prototype.