Momentum Technologies offers advice and tips for success.

October 10, 2003 - Vancouver, BC – Momentum Technologies, Inc. hosted a breakfast seminar on ”How to lower IT costs without increasing risks by outsourcing software services to India” in Vancouver. It was attended by executives from local firms, keen to learn how to implement a successful “Outsourcing to India” initiative. Increasingly, corporate leaders recognize that outsourcing to India can save a company thirty to forty percent annually and a recent IDC Canada survey of executives’ notes that the top two reasons for outsourcing are access to skilled resources and improved focus on core business.  30 representatives from leading Vancouver companies participated in the seminar.

The presentation was led by an overview of outsourcing and Momentum’s approach followed by two customer case studies that detailed why a firm would look at outsourcing and how to best manage such a project. “The real-world experience of satisfied customers, both speaks volumes and shows other firms how an outsourcing project can be undertaken successfully,” said Pankaj Agarwal, CEO of Momentum Technologies, Inc.

Burnaby-based Class Software, developers of program, facility and payment management solutions for municipalities, parks and recreations departments and school boards, began working with Momentum in 2001. They have slowly and carefully increased the amount of development that is outsourced to Momentum whose development team of 130 highly skilled software engineers and programmers are located in Noida, India. Michael Nienhuis, Vice President of Operations at Class Software views “the Momentum team as an extension of our internal development team.”  He notes that the learning has been mutual and that their own processes have been enhanced and improved as a result of working with Momentum.

Arun Jeyachandran, of RLG International, offered useful Do’s and Don’ts of Outsourcing. He offered practical tips and advice to firms considering making outsourcing a part of their business strategy. His presentation highlighted the following five key tips for success;

• Know what your firm wants or needs to outsource.
• Ensure that the selected vendor fits with the size and goals of your firm.
• Identify that your firm has internal resources with the necessary skills to manage an outsourcing vendor.
• Define clear communication processes.
• Plan for the knowledge transfer that will have to take place.

About Momentum

Momentum Technologies, Inc. specializes in Information Technology consulting focused on providing top quality offshore software services to companies who incorporate outsourcing as a key component of their business strategy. With Momentum's local presence and offshore software development acumen, clients benefit from a cost savings of over 40%, process driven development and reduced time-to-market. Founded in 1999 and privately held with CitiGroup as strategic investor, Momentum has offices in the USA and Canada with headquarters in Vancouver, BC and 130 employees worldwide.

For further information, please contact:
Farah Jinha, Principal
TechKnow Communications Inc.
Tel. (604) 980-2448