- Project Manager, Private Banking Group, A Multinational Bank
Through our domain focus, structured testing methodologies, offshore delivery and test automation expertise, we help clients realize 'business ready software', compress timelines and reduce software product life cycle costs.
To enable you to evaluate the direct and indirect benefits of partnering with us, a domain focused independent testing company, we have created a set of 6 indicative metrics called Value Drivers. They are:
Each value driver has a favourable impact on one or more of the factors Quality, Time, Cost and Risk.Coverage Quality
Functional coverage: By evaluating the number of functional defects that are transmitted to the delivered production system we can ascertain how well the coverage of documented functionality is achieved. Nil functional defects indicate a rating of 100% coverage.
Quality of requirements assurance process: A favourable trend in the Functional Coverage metric means maturity in the Requirements Assurance Process. This is shown by plotting a graph of the relevant data over multiple engagements.
Domain Value Add
You can measure the domain value add, that we bring to a project, by evaluating the contributions of domain teams and business analysts through their review work.
Time to Market
Reduced time for knowledge transfer: A two dimensional core competence (financial domain knowledge and testing) ensures that clients need to spend far lesser efforts on knowledge transfer to Thinksoft teams as compared to test teams which are not specialized in this domain.
Planning parallel to development: This enables client to compress the project timelines without compromising on the quality of testing. A 10 - 15 % overall compression can be achieved by scheduling testing activities in parallel to development activities.
Test automation: Significant reduction in test execution cycle times can be achieved through Automated Regression Test Packs (ARTP)
Resource Scalability:
You can measure the benefits of outsourcing your resource requirements.
Cost Reduction
Offshore delivery: Offshore testing efforts help you realise significant cost savings (45% cost saving from onsite to Offshore - Source: Deloitte Research financial services industry view point April, 2003)
Business user time saved: The longer the engagement, the more we can substitute for business users, thus helping the latter to focus on their core business operations. There are thus, significant cost benefits of re-deploying fully loaded costs of business users' time.
Opportunity revenue gained by business users: Revenue earned by business users in core business operations with the time saved from independent testing.
Savings on early defect removal: Removing defects early in the product life cycle saves repair and product support costs.
Avoid imputed costs of defects: A lot of research has indicated that the imputed and invisible costs of software defects can be enormous. According to one report (Source: Contingency Planning research, Computerworld; Eagle Rock Alliance) these are estimated at $25,000 - $500,000 per/hour / defect. These arise due to many factors like:
Initiatives
Special initiatives: Many initiatives taken up by TGS specific to each relationship that benefit clients materially.
