HIME can provide a full range of IT outsourcing services to financial services firms depending on your specific needs. We can add value wherever you need throughout the software development lifecycle, whether in working with your organization to produce detailed business requirements and development documentation, providing application development and maintenance services, or even stand-alone testing services.
As an ISO 9000 certified company, our capabilities, global technology resources and proven outsourcing process control models can provide outstanding solutions for your company. HIME's offshore Outsourcing for those customers requiring a full range of services on an ongoing basis, HIME has several offshore development center models to suit your needs. We have deep experience working with the leading technologies and solutions used by financial services firms, including:
- Offshore Services
- HIME Offshore Center
- Offshore Project Development
- Offshore Testing Services
- Offshore Staff Augmentation
Why China?
China is becoming a top preference for offshoring and software outsourcing. There are many compelling reasons as to why China is an ideal destination to either put into effect a multisourcing strategy.
China's huge and diverse talent pool
The size and skill of China's talent pool has barely been tapped. The Chinese Government is mobilizing this resource and having identified software as one of the six favored industries in 2000 is proactively supporting the software outsourcing industry. National schools for software training have been set up and the number of graduates from Chinese universities with degrees in IT, computer sciences, and software engineering is growing year on year.
Chinese Government Support
The Chinese Government support is proving critical to promote the offshore software business in China. In addition to investing heavily in developing a skilled workforce, the Government is providing tax breaks and incentives to software outsourcing companies setting up operations in China or improving their capability. Service providers receiving CMM Certification were awarded grants by the Shanghai Government.
Capability
In the rush to be a world class player, China has focused on raising its capability in the software outsourcing industry. An increasing number of software outsourcing companies are seeking CMM certification from Carnegie Mellon University's Software Engineering Institute. By having a recognized global standard, China will become an increasingly favored destination.
On an individual level, the number of certified PMP Project Managers from the International Project Management Institute is increasing year on year. This rose from 80 to 5,000 between 2000 and 2004. Importantly, the technical skill set is on the rise with many IT professional now practicing the most advanced software development based on the Java and Microsoft .NET platforms. Many professionals also have expertise in legacy platforms, including COBOL.
Infrastructure
China is now wired for business. Accessibility is on a par with New York or London with Shanghai boasting a state of the art international airport with direct daily flights to most major cities in the world. Importantly access to downtown takes only 7 minutes on the world's fastest train - The Maglev. There is accommodation and restaurants to suit all tastes and budgets, and free and reliable broadband and wireless access is widely available.
India is overheating
There is a widening gap in India between supply and demand. The increase in demand remains but there is a dwindling talent supply and a hike in prices. As a result, quality is suffering. With the present rate of demand it also appears unlikely that India can overcome this issue, in the short term.
Multisourcing improves results
As outsourcing becomes a strategic operating policy for an increasing number of companies so organizations are looking to outsource to two or more destinations. A second outsourcing destination has many benefits; it diversifies the geopolitical risk, companies can increase their negotiating power amongst service providers and it prevents a company becoming beholden to a single vendor.
Why HIME?
Leading software outsourcing provider in China under International management, HIME understands the demands, requirements and working methods of multinational companies looking for software outsourcing providers. Quality and capability is guaranteed;
- HIME is ISO 9000 certified and in the process of CMM4 Certification
- HIME's management team is led by professional what many years of IT professional experience in the U.S. and educated in the U.S. Universities
- HIME's unique ODC model
HIME ODC model
HIME's primary service offering is providing HIME ODCs (HIME Offshore Development Center) to clients interested in China, but who require high performance and English skills. ODCs are teams dedicated to a single customer. This results in continually improving quality and productivity as the teams accumulate knowledge of a customer's domain over time.
Benefits of a ODC
- Retained team knowledge
- Higher productivity
- Increasing quality
- Lower total cost
- Faster time to market
- Improved collaboration
- HIME is adept in integrating our teams with a customer's internal teams.
High Level Security Concerns
Customers wanting the highest levels of security or confidentiality for their offshore software development initiatives will benefit from our ODC. HIME does not disclose to outside parties the names of these customers and provides multiple layers of defense to get you results quietly yet effectively.
Client Extension of Onshore Business Environment
For customers interested in establishing a China foothold, our Branded ODC can be a great way to get to market fast. We offer you a branded presence within our central development center, so that to your customers it will look like your office. HIME’s ODC gives you the cost and quality benefits of software outsourcing along with the added benefit of a prestigious Shanghai address for your company.
Scalability Based on Client’s Budget Constraints
For customers wanting the productivity and quality benefits of a larger ODC but without the costs of a high headcount, HIME offers our Mini ODC. A Micro ODC is a smaller ODC staffed with a mix of dedicated and part-time resources, giving you the benefits of retained domain knowledge and higher productivity along with the flexibility to scale up or down quickly in response to changing business needs
Having an ODC far outweighs the traditional offshore outsourcing benefits of cost and time savings. HIME’s unique of establishing ODC’s will defininatly benefit a long term partnership relationships with offshore development center customers, which will result in value add propositions beyond just cost and time.
Communication
Effective and efficient communication is critical to all partnerships but particularly for offshore development when crossing timezones, language barriers and cultures.
English is HIME's official working language.
All employees, at every level and every discipline, can communicate in English.
HIME has internal on-going English training class all year long for all level of non-native English speak employees
Our English Only policy is the second most popular reason for joining HIME.
Security
With security and IP protection a key inhibitor for China being selected as a software outsourcing destination, HIMe takes security and IP protection extremely seriously. A decade of tailoring IP protection programs in India and China for offshore development centers has given us the experience to create what we believe is the most secure offshore development company in China.