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Entrepreneurship in IT Angsuman Chakraborty “Stay Hungry. Stay Foolish.”
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Copyright Taragana2 An Entrepreneur’s Tale You’ve got to find what you love If today were the last day of my life… –Live your life Stay Hungry. Stay Foolish.
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Copyright Taragana3Overview Business Process Outsourcing –Call Center –HR Outsourcing Software Outsourcing Software Product Development
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Copyright Taragana4 Business Process Outsourcing Overview Delegating –Ownership –Administration –Operation of Process Solving business problems
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Copyright Taragana5 BPO Market 146 Billion by 2008 – Gartner 67% Doing / Investigating BPO Simple Bulk Transactions – 58 Billion by 2008
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Copyright Taragana6 Types of Processes Core –Strategic advantage Critical Non-core –Not business differentiators Non-critical & non-core
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Copyright Taragana7 Process to Outsource Non-core & non-critical Critical but non-core –Specialized Providers
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Copyright Taragana8 Process to Outsource – Examples Supply chain management Sales & Marketing Customer Care & Support R&D Contract Manufacturing Finance & Accounting Human Resource
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Copyright Taragana9 BPO Providers Transaction ex. Payroll –Easy to manage, Fragmentation Niche ex. Hiring –Outcome based payment Comprehensive ex. HR –Global, process improvement, paid on outcome
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Copyright Taragana10 Software Outsourcing Maintenance Custom Development
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Copyright Taragana11 Software Outsourcing Market 58% Outsource Software Services Maintenance – 42% +7% Custom Development – 39% + 8%
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Copyright Taragana12 Software Project Market Custom Application Development - 42% Security Assessment – 32% New functionality – 82%
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Copyright Taragana13 Software Product Development Innovation Low recurring expenses Cumulative / Subscription revenue model
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Copyright Taragana14 Idea Model One big idea Several small ideas
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Copyright Taragana15 One Big Idea Ebay Amazon Google Microsoft
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Copyright Taragana16 Several Small Ideas Microsoft Google Apple Yahoo
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Copyright Taragana17 Venture Capital Business Plan Pre-IPO funding
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Copyright Taragana18 Software Product Development Successes Microsoft Oracle Apple
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Copyright Taragana19 Product Development Vistas Web 2.0 –Google, Del.icio.us, Flickr, Wordpress.com Million Dollar Homepage
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Copyright Taragana20Summary IT = Entrepreneurial Opportunity Innovation Infrastructure
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Copyright Taragana21 Contact Information Phone – 033-2405-1943 Email – angsuman@taragana.comangsuman@taragana.com Web – http://www.taragana.com/http://www.taragana.com/ Blog – http://blog.taragana.com/http://blog.taragana.com/ AIM / YIM ID - angsuman
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