Product Development

Step Ahead With New-age Product Building

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Customer-friendly and captivating product experiences reinforce the business purpose. We, at Alcor, believe that every idea which has the caliber to fulfill global customer demand should be responded with immaculate custom product development practices.  

Product Development

Elevate Business Functions with Product Development

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Designed-to-fit client demands, our custom product development procedures aredevised to launch your business offeringamid the global community.Software product aspects like product planning and customization strategies, intelligent use of resources, database management, deployment& integration, support and maintenance are intensively considered before implementation and launch.In addition, the practices applied are also in tandem with new-age custom product development models, ubiquitous in the IoT powered IT ecosystem. Product development encompasses the process of designing, developing, and deploying an application or a product for a specific and unique set of users, organizations, or business functions.

METHODOLOGY

Alcor’s End to Product Engineering Process

With decades of custom software development experience of the Alcor team across various industry verticals and IT platforms, dynamic skilled developers and dedicated Analyst and QA team coupled with Agile development process, GATE approach and Design Thinking ensures delivery excellence and helping businesses build tailormade solutions.

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    Product concept testing Taking the product concept to the market to gather voice of the customers, gain understanding of the market landscape and collect the product requirements. Our team is well equipped and highly experienced in gathering insights from the market via variety of channels including surveys, focused groups, social distancing, customer interviews and more
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    Architecture and design Product designing and architecture defines the length and breadth of the product. Our expertise lies in building products that surpass the market competition and are customized to suit the requirement, without hampering the aspects such as agility, scalability, and costs. Our endeavor is to keep the product design and architecture expandable to accommodate product roadmaps
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    Product development We ensure that the product is customized and adds sizeable value and scalability to your business. Our implementation methods and procedures are selected as per the shifting demand for product models that are flexible enough to become the part of your business process. Alcor’s rapid prototyping helps clients get the experience of what will be offered post completion, along with exhaustive planning of the implementation stages
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    Product Testing Our QA team adheres to Quality Assurance standards from Validation, Functional, Performance, Smoke and UAT testing. The team ensures our developed product is robust, customizable and can integrate at all levels
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    Maintenance and support Our maintenance and support teams provide timely and hassle-free integration, migration, and enhancement services. The support may include upgrading and updating the products that can improve overall efficiency of the products

BENEFITS

Our Delivery Process

Digital products have led to a marginal increase on revenue by at least 10%. Being a digital product, the time to market is reduced by almost 20%, with a reduction in lifetime R&D cost of a minimum of 15%. An increase in operating income of 2% and a reduction in HW and SW BOM cost of at least 5% with a maximum of 25% shows the benefits of digital products.

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Alcor’s approach to implementing products: A glimpse

The Alcor team follows the GATE approach to custom product or application development. GATE methodology divides projects into smaller sections or phases. At the end of each phase, we review the work at every GATE to see whether a project is ready to move to the next phase. The GATE approach enhances the overall software development process by improving the “time to market,” and decreasing the investment risk or cost overruns during execution, mostly by reducing change requests and making risk visible and thus, risk management essential) by requiring proper accuracy in planning, especially for scope and cost. Plans, including the schedule, are based on robust and audited information, thus increasing the project's predictability. Furthermore, the changes in macro-economic variables, as well as in organizations plans, are part of each stage analysis, reviewing and updating the alignment of the project.

Our implementation cycle consists of the following steps:

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