At Flexsin, business outsourcing and consultancy services offered after an insight technology, industry feasibility and cost analysis is performed to determine the potential economic viability of a process or technology, and helps to identify which technologies have the highest probability of economically consultancy towards the business success.
Feasibility analysis is one of the primary factors to balance the range of services and technology based advanced strategy. Our analyst evaluates the competitiveness of a technology and its implementation costs for a given process compared to the costs incurred by contemporary technology.
Feasibility analyses therefore useful in determining which projects have the highest potential for near-, mid-, and long-term success.Feasibility analysis is required because:
- Need to launch a new product
- Existing system may no longer suit its purpose
- Technological advancement due to business is expanding
- Improving the service or product quality at an economical cost
- To become the market / industry leader
- Economic Feasibility
- Technical Feasibility
- Implementation Feasibility
- Industry & Market Scope Feasibility
- Quick feedback loop from business stakeholders to engineering back to business stakeholders
- Rapid software product conceptualization and materialization through prototyping.
- Ability to refine requirements and design, and handle changes in both in the early phases of a product lifecycle.
- Focus on getting the highest priority features and the highest risk features implemented as fast as possible.
- Ability to validate pieces of design incrementally, providing continuous analysis and mitigating the risks.
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