Can Investing in IP-led Testing Determine Business Growth?

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Transcript of Can Investing in IP-led Testing Determine Business Growth?

Page 1: Can Investing in IP-led Testing Determine Business Growth?

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Can Investing in IP-led Testing Determine Business Growth?

Enterprises big-medium-small are in serious need of a robust Enterprise Resource Planning (ERP) software to seamlessly operate and deliver on their core business objectives. This has pumped up the need for ERP testing, where businesses are increasingly inclining towards Intellectual Property-led (IP-Led) testing services and IP-Led solutions to bring a dash of expertise to the entire software testing process. Let’s consider the situation of Start-ups. Start-up ventures are on a rise due to the passion they bring for the business idea. They are coming up with some phenomenal inventions not only to make human life comfortable, but also bring about a transformation in the overall socio-environmental lifecycle. At the same time, they do not want to waste their precious formative years in taking care of the operational hassles. Such scenarios and business ventures have created a niche of testing requirements. It has boosted the need for Propriety testing tools and services, IP-led testing solutions, rigorous Quality Assurance and testing for ERP solutions that will enable these ventures to deliver excellence and sustain effectively in the volatile business environment. The objective is to deliver quality, but at jet-speed!

Recent example is a company named Ofo, a two-wheeler manufacturing company that recently raised $450 million at a valuation of more than $1 billion. Can you guess the business idea? The idea is to start a bicycle sharing venture.

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Can Investing in IP-led Testing Determine Business Growth?

Many similar companies are raising funds to offer bicycle sharing on the densely jammed streets of China. Imagine the kind of back-end support and resource planning that is required for such ventures. Why to consider IP-led testing services for ERP testing? An ERP software plays a critical role in the overall business process management that enables businesses to optimize a string of interconnected applications to manage and accelerate their supporting functions – human resources, IT, marketing, or any other service that can be automated to help meet the business objectives. With reference to ERP testing, businesses are increasingly considering IP-led solutions such as ERP Test Accelerators that comprise ready-to-implement manual and test automation scripts/test assets that can help accelerate testing for a diverse chain of ERP packages, namely, Workday, Microsoft Dynamic, and SAP. The underlying objective is to bring down the testing efforts and help enterprises test at speed and eventually seamlessly manage the business-critical operations in the back-end.

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Can Investing in IP-led Testing Determine Business Growth?

• Why is IP-led testing important?

According to a recent Technavio study on ‘global software testing market for 2017-21’, the global software testing market size is expected to grow to USD 55.3 billion by 2021, at a CAGR of over 14%.

Software Testing is bound to define the robustness of the software and application in a challenging digital landscape.

The biggest challenge is to deliver at speed, which is becoming increasingly possible with inventive and new age approaches such as Agile and DevOps. These methodologies are encouraging more collaboration and speed in the development process. In order to support these endeavours it is critical to implement tools and frameworks that automate the process.

Smart testing with IP-led solutions such as Enterprise Test Accelerators and Proprietary Software Testing Frameworks help enterprises and development teams to test effectively, bring experience, best practices, and especially velocity to the software development lifecycle (SDLC). It will eventually reduce the testing efforts and garner better RoI.

According to testing and development experts, about 70% of errors happen during designing and coding in the software development lifecycle. It is estimated that if the defects are identified during the requirement phase, tremendous costs can be reduced.

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