Abhyarth
assists solution providers in creating a reusable delivery
mechanism. It consists of common technology framework
based on industry standards, covering development, testing
and implementation processes. Abhyarth also assists solution
providers by providing relevant domain knowledge. This
consists of explaining the changing business models the
banks are adopting, changing customer preferences, quality
expectations and their implications in a 24x7 world, etc.
Associative Expectation Shift
Banks need to meet growing user expectations by continuously
enhancing their product and service offerings. They expect
a back-to-back support from the solution providers by
way of continuous supply of high-quality feature-rich
products, reliable delivery mechanisms, prompt delivery
capability, consistently high quality and sufficient support
bandwidth to shorten occasional system downtimes.
To meet this expectation, solution providers need a nimble
footed delivery mechanism. Increased solution complexity
leads to an increase in solution turnaround time, once
the requirements become clear. This delay is not be acceptable
to the banks, as a delayed product launch may put them
in league with market followers rather than market leaders.
Delivery Challenges
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Considering
that the scope is never frozen, solution complexity
is already high, delivery timelines are unrealistically
stringent, uptime expectations are near 100%, online
upgrades on running systems are risky, Technology
and business model changes are unpredictable, skilled
development / implementation manpower supply is
swinging in tandemwith industry buoyancy perception,
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lack of
development standards bring in higher individual resource
dependence, vendors have a tough time keeping their delivery
promises, to say the least.
Internally, vendors want to make their individual project
efforts reusable, and create a homogenous product line
out of multiple projects. This is easier said than done,
considering the architecture, technology and functionality
of each of these projects is similar but not the same.
The challenge is in terms of carving out the commonalities
from projects, conceptualizing a common framework, and
implementing and testing it early so that more and more
projects can benefit from it, before its technology platform
and functional appeal become outdated. For the product
line to be meaningful, it needs to be driven more by the
futuristic vision, rather than by making the best use
of old project assets.
The only way out for the vendors is to have
- The
ability to predict the future ahead of their competition,
so as to be at the right place at the right time, and
- A reliable,
tried and trusted, flexible, generic, extendable and
person independent delivery mechanism, to provide extensions
to existing systems
This is possible if they have both a deep and a wide view
of the direction and pace of industry movement, the ability
to convert this vision into business potential, and the
ability to convert the business potential into deliverable
products.
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