What You Should Really Know About Outsourcing Research and Development (Pros and Cons)

What You Should Really Know About Outsourcing Research and Development (Pros and Cons)

What You Should Really Know About Outsourcing Research and Development (Pros and Cons)

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Every business leader knows that innovation and competitiveness are constant commitments to survive and stay ahead of the game. With this, Research and Development (R&D) has become an essential part of a company’s growth and development. Why? It pertains to the process of studying, developing, and testing new products, services, or systems to enhance the company’s existing products or create new ones. It’s all about playing the long game, so it’s not at all surprising to see companies investing a lot in it.

When it comes to R&D, you can save a lot of time when you outsource the work. But before that, we need to cover a few topics. Let’s take a look at the available roles, pros, and cons!

What are some Research and Development roles available?

It pays to understand the various roles an R&D team can take on depending on the company’s needs. Here are some of them below:

 

Product Development

Some companies have dedicated teams complete research, design, and develop new products and services that meet customers’ needs and expectations. This could be a strategic move, but sometimes, it’s also about improving a product or service that has been unsatisfactory to the consumers for quite some time. Either way, product development is usually the most externally evident type of role an R&D staff may take.

 

Process Improvement

Let’s talk about the internal stuff, shall we? R&D teams don’t just look for ways to make things better for the consumers. They also need to streamline and improve existing business processes to increase efficiency, and reduce costs. This way, companies would definitely enjoy the boost in profitability.

 

Technology Development

Complementing the process improvement is technology development. R&D teams work on developing new technologies and systems to enhance the company’s overall performance.

 

Benefits of Getting a Research and Development Team

If you are still hesitant about having a whole team in your company work on Research and Development, you better take a look at what you’re missing out on! There are plenty of benefits for businesses. Why don’t you take a look below?

Competitive Advantage

Companies that invest in R&D gain a competitive advantage by introducing new products, services, and technologies before their competitors. If you take into account the visionaries, these are the people who develop a product even before consumers realize they need or want it.

 

Revenue Growth

When a company launches new and improved products and services, they would enjoy increased revenue streams and improved profitability. Who wouldn’t want that?

 

Customer Satisfaction

It is highly important to keep your patrons happy to keep them coming back for more. This is exactly why a lot of SR&D teams focus on creating products and services that meet customer needs and preferences. They also work on how they can further improve the product so that it ultimately leads to higher customer satisfaction and loyalty.

 

Employee Retention

There is no doubt that the people belonging in R&D teams are passionate about innovation and creativity. Companies with active programs in this specific field often attract and retain top talents.

 

 

Pros and Cons of Outsourcing Research & Development

We’ve talked about how outsourcing is a good way for companies to have a quality R&D team without burning a hole in your pocket. However, the advantages and disadvantages should be considered before making any decisions. 

 

PROS: 

  • Access to specialized skills and knowledge
  • Reduced overhead costs
  • Increased flexibility and scalability
  • Improved speed of innovation
  • Access to a larger pool of talent
  • Improved focus on core competencies
  • Access to a global talent pool
  • Reduced risks associated with investments
  • Improved access to cutting-edge technologies
  • Improved agility and adaptability in response to market changes

 

CONS: 

  • Loss of control over the R&D process
  • Potential language and cultural barriers
  • Longer turnaround time 
  • Potential loss of intellectual property
  • Difficulty in maintaining consistent communication and collaboration
  • Lack of understanding of the company’s specific needs and objectives
  • Quality control issues
  • Dependence on third-party vendors
  • Difficulty in managing offshore teams and maintaining a cohesive company culture
  • Limited access to physical resources and facilities

Outsourcing R&D can be an excellent solution for businesses looking to benefit from the advantages of an R&D team without incurring the costs of building and maintaining an in-house team. 

Why exactly should you outsource to the Philippines? Let’s talk about that! 

 

 

The Philippines is an ideal location for Outsourcing R&D

 

Philippines is basically a huge talent pool full of highly skilled talent

It’s no wonder why a lot of companies – local and international alike – are vying for employees coming from the Philippines. The work traits of Filipinos can be summed up in three words – competent, reliable, and intelligent. Plus, when it comes to R&D, you can rest easy because there is a large number of graduates in science, technology, engineering, and mathematics (STEM) fields.

 

English Proficiency is above average 

The Philippines is one of the world’s largest English-speaking countries. This will surely help in making communication and collaboration with R&D teams seamless.

 

You get to enjoy a cost-effective option

The cost of living in the Philippines is lower than in many Western countries, resulting in lower labor costs for R&D outsourcing. However, if you are experiencing such outstanding work, you might not be able to stop yourself from shelling out a little bit more! 

 

The Philippines is a business-friendly environment

The Philippines has a pro-business environment, with numerous incentives for foreign investors, including tax breaks, simplified regulations, and streamlined procedures.

 

You don’t need to worry about infrastructure

Cross this item out of your worries already! The Philippines has a robust infrastructure, including reliable internet connectivity and modern office facilities, making it an ideal location for outsourcing R&D teams.

 

Outsourcing R&D to the Philippines can provide businesses with a competitive advantage, reduce costs, and improve profitability. With the highly skilled workforce, a pro-business environment, and a modern infrastructure, you’ll definitely say that it is, if not the most ideal location for outsourcing R&D. 

Are you ready to boost your company’s competitiveness in the market? Talk to us about outsourcing Research and Development to the Philippines! We’ll help you out. 

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Outsource Your Research & Development (R&D) Team to the Philippines and Stay Ahead of the Game

Outsource Your Research & Development (R&D) Team to the Philippines and Stay Ahead of the Game

Outsource Your Research & Development (R&D) Team to the Philippines and Stay Ahead of the Game

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Research and Development (R&D) is a vital component of any business that wants to stay ahead of its competitors in today’s fast-paced world. It involves creating and improving products, services, and processes that meet the needs and demands of customers, while also pushing the boundaries of what is possible. However, R&D can be time-consuming, resource-intensive, and expensive. This is why many companies are turning to outsource R&D to countries like the Philippines.

What are some of the R&D roles usually needed by companies? 

 

  • Market Research: This is particularly useful as it is about gathering and analyzing data about target customers, competitors, and market trends.
  • Product Design and Development: When it comes to staying ahead of the game, design, and development are needed. This role is usually associated with creating new products or improving existing ones, including prototyping and testing.
  • Intellectual Property Research: Another equally important thing is to conduct patent and trademark searches for products. Otherwise, all the work would be in vain. This role covers the analysis of potential infringement risks of a new product.
  • Regulatory Compliance: Companies need to ensure that products meet government regulations and industry standards. 
  • Quality Assurance and Control: Before products even reach consumers, there is a dedicated team in charge of testing products to ensure they meet quality standards and identify and resolve any issues that arise.
  • Manufacturing Process Optimization: For a business to earn a profit, they need to sell as many products as it can. Thanks to mass production, they are able to do just that. Manufacturing Process Optimization is all about improving production efficiency, reducing costs, and increasing output.
  • Data Analysis and Modeling: This pertains to the task done by experts using statistical methods to analyze data and build models to forecast future trends or optimize business processes.
  • Technical Writing: Any good company would have a team specifically for creating documentation and manuals for products and processes.
  • Information Technology Development: It is highly important to support business operations and customer interactions by developing software and applications.
  • Collaborative R&D: This involves partnering with other businesses, research institutions, or consultants to conduct joint research and development projects.

Qualifications you should look for in an R&D staff: 

 

Save your time and energy by making sure you have competent people on your team. Here are some of the qualifications you need to keep an eye out for: 

  1. A degree in a relevant field of study, such as science, engineering, or technology is a necessary qualification. Depending on the specific area of research, an advanced degree, such as a master’s or doctoral degree may be required.
  2. A thorough understanding of the principles, theories, and methodologies related to their field of research is essential. R&D staff members should have strong analytical and problem-solving skills, be able to conduct experiments and collect data, and be proficient in the use of specialized equipment and software.
  3. Prior experience in research is highly desirable, as it demonstrates a track record of success in developing and executing research projects, including planning, design, execution, analysis, and reporting.
  4. Effective communication skills, including oral and written communication, are essential. R&D staff members must be able to convey complex information in a clear and concise manner to colleagues, clients, and stakeholders.
  5. R&D staff members should be able to work effectively in a team environment, as research often involves collaboration with colleagues from different backgrounds and disciplines.
  6. A strong drive for innovation and creativity is necessary to develop novel solutions and approaches to complex problems. R&D staff members should be able to think outside the box, challenge assumptions, and come up with innovative ideas.
  7.  R&D staff members must be able to manage their time effectively to meet project deadlines and prioritize tasks appropriately.

Overall, a competent R&D staff member should have a strong academic background, technical expertise, research experience, effective communication and collaboration skills, innovation and creativity, and excellent time management skills.

 

 

Outsourcing R&D to the Philippines has become increasingly popular!

 

This is all due to the country’s large pool of highly skilled and educated professionals.

The Philippines has a strong education system, with a large number of universities and colleges that offer courses in science, technology, engineering, and mathematics (STEM) fields. This has produced a large number of graduates who are equipped with the necessary skills to carry out R&D work.

In addition, the cost of labor in the Philippines is much lower than in many Western countries. This means that companies can save a significant amount of money by outsourcing their R&D work to the Philippines. This is particularly important for small and medium-sized enterprises (SMEs) that may not have the resources to carry out R&D work in-house.

Outsourcing R&D to the Philippines can also provide companies with access to the latest technologies and equipment. Many R&D outsourcing firms in the Philippines invest in state-of-the-art equipment and software to ensure that they can provide their clients with the best possible service. This means that companies can benefit from the latest advancements in technology without having to invest in expensive equipment themselves.

Companies can scale their R&D work up or down depending on their needs, without having to worry about the costs and logistics of hiring and training new staff. This can be particularly beneficial for companies that experience fluctuations in demand for their products or services.

 

Embrace innovation with R&D

 

Research and development (R&D) is the backbone of any successful company. It is through R&D that businesses can innovate, create new products, improve existing ones, and ultimately stay ahead of the competition. By investing in R&D, companies can not only improve their bottom line but also create a better world for their customers and society as a whole.

With the right outsourcing partner and effective communication channels in place, outsourcing R&D to the Philippines can be a highly effective way for companies to stay ahead of their competitors and achieve their business objectives.

There is no better game to stay ahead of the game than now! Message us to see how we can help you.

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Get the Right People for Your Company: Outsource Talent Acquisition to the Philippines

Get the Right People for Your Company: Outsource Talent Acquisition to the Philippines

Get the Right People for Your Company: Outsource Talent Acquisition to the Philippines

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The first step to having top talents propel the company to greater heights is acquiring them, and tell you what – that is no easy feat! Right now, talent scarcity is a growing risk, and it is something felt by companies across industries.

According to WTW’s analysis of U.S. Census and Bureau of Labor Statistics data: Despite overall population and labor force growth, there is a decline in the labor force from 2010 to 2020 in age groups 16-24 (the historical entry-level talent pool), as well as 45-54 (the historical leadership talent pool). This problem started before the pandemic, having gotten the same results even when analyzed from 2010 to 2019.

To combat any shortage, and make sure the company is getting the right people on board, there needs to be a strong talent acquisition team dedicated to doing just that!

Talent Acquisition – What if you’re doing it in-house?

In case you didn’t know, one of the biggest reasons why companies outsource their talent acquisition team is so they can save big on other fees that typically go with recruitment. This includes online job placements/listings, and even screening costs! It’s not uncommon to find companies that double the function of Human Resources and Talent Acquisition, but that kind of overlap may pose some challenges along the way.

The top challenge is the quality of hires getting affected. If you have an in-house talent acquisition team dedicated solely to approaching recruitment more strategically, and building a strong and diverse workforce, then you will see your company’s success!

Imagine if you can outsource it and save more. That’s the dream, right? By outsourcing to the Philippines, you can have a top-notch Talent Acquisition team work on finding and retaining qualified recruits at a lower price. Just have an alignment to ensure that the positions that you need to fill in are up to your standards, and according to your needs.

 

What is the role of the Talent Acquisition team?

When it comes to getting the best people for your company, you can surely rely on a quality Talent Acquisition team to do the job. They are responsible for identifying not just the needed specialists, but those who can potentially be future executives for your organization. Instead of short-term, they focus on long-term. Now, isn’t that what you want?

With this, they’d be more helpful with your company’s tougher positions to fill.

 

Responsibilities of a Talent Acquisition team

Do you need clarity as to what keeps this team busy? You might already be familiar with some of their responsibilities, but take a look at below as a refresher:

  • The specialists under this team regularly coordinate with the hiring managers to staffing needs
  • They help design the job descriptions and interview questions that best fit each needed role
  • They determine the selection criteria, including the interview, screening, and assessment procedures
  • Spearhead the task of sourcing candidates (they are usually around various platforms and other professional networks)
  • The team also conducts various assessments for applicants using an applicant tracking system
  • They are active in organizing and attending job fairs to get the best people and expand their networks
  • They lead the forecasting for hiring needs per department. Depending on the company’s requirement, this may be on a quarterly or an annual basis

 

Benefits of outsourcing 

Outsourcing talent acquisition to the Philippines may be something that your executive team needs to discuss more than once. To better support that proposal, you can also take a look at some of the benefits should you finally decide to take this route: 

Increased Efficiency

Hire strategically instead of simply hiring. Your company can benefit from an outsourced talent acquisition team’s technology and resources. They have the best tools to use, and this results in finding more talent in less time.

Industry know-how

A talent acquisition team would more likely be exposed to the industry compared to a simple recruiter. They would know the current changes – may it be demographic, or competitive, so they can modify specific strategies. With this, you can take advantage of their market intelligence and how they can use it to bring about quality hires for your company.

Lower cost

We already touched on this topic not too long ago, but it’s worth mentioning again. Outsourcing a talent acquisition team is relatively cheaper than conducting internal recruitment. The latter takes longer so it costs more money.

Source, attract, and interview candidates to find the best match for your company! 

We are all about fulfilling your long-term needs. Build a powerhouse talent acquisition team today by outsourcing to the Philippines! 

KamelMedia is a trusted company for outsourcing to the Philippines. We are dedicated to helping you achieve your goal, and reaping the benefits of quality talent acquisition. Are you interested? We bet you are! 

 

Some of the benefits you can get from outsourcing the talent acquisition team to the Philippines include:

  • Reduced operation costs by up to 70%. Can you believe that you can create meaningful change for your business without burning a huge hole in your pocket? One of the biggest benefits of outsourcing is saving up on expenses. By outsourcing, you are passing on the training, security, and other overhead to our team.
  • Choose if you want a whole talent acquisition team, or if you need specific roles filled in. Either way, we’ll make sure to partner you up with the best people so you won’t have to worry about talent shortages in your company. 
  • Topnotch professionals who are experts in determining the requirements for various roles in the company, and have the ability to keep up with industry trends in order to make the right hiring decisions.

 

If you would like to learn more about the process of outsourcing a talent acquisition team to the Philippines, don’t be shy to message us! We’d be more than happy to help you out with your requirement, and offer a free quote for your review. 

 

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Accelerating Digital Transformation: Outsource Your AI Team to the Philippines

Accelerating Digital Transformation: Outsource Your AI Team to the Philippines

Accelerating Digital Transformation: Outsource Your AI Team to the Philippines

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The technological advancements from recent years revolutionized how business and life works. From shopping, and working, to transportation, and construction, all our tasks have become easier!

One of the best technological advancements that aid our day-to-day lives is Artificial Intelligence or AI. This pertains to the ability of a computer system to complete tasks that were previously only done by humans. Not only that, it has the capacity to absorb, interpret, and make complex decisions based on millions of data points, which makes it far more efficient. AI also has the capability for reasoning, learning, planning, and creativity, making it useful across all industries.

With artificial intelligence’s rapid growth, the demand for professionals with knowledge and skills for AI also continues to grow. Combine cost-effectiveness and competency by outsourcing to the Philippines! We have a pool of reliable and professional AI staff who can help you make the most out of machine learning!

The promising field of AI 

Being in the artificial intelligence field can be pretty challenging. You need to deal with lots of complex data, and also need to supervise an AI’s learning process to reinforce good decisions and discourage bad ones. With this, you need a dedicated, knowledgeable, and highly-experienced team who are as passionate as you about technological advancement and how it can be utilized for your business! 

 

Outsourcing different AI Roles 

The demand for professionals with the skills to handle AI-related tasks continues to grow by the day. Be ahead of the competition and build a powerhouse AI team to work on your projects! Here are some of the experts and roles – including non-technical roles – that you can outsource to the Philippines: 

 

AI Architect 

You need someone to create and manage architecture using the most advanced AI technology foundations. Combine that with a person who has the ability to present practical, effective, and easily understandable solutions to your customers, and you have a fantastic AI architect on your team! 

AI Architects are expected to be well-versed in various AI-related tools and be skilled enough to adapt quickly to new developments so they can use the right technology for different projects. After all, companies will give them the task to envision, build, and operationalize machine learning (ML) and AI pipeline. They also need to collaborate with team members from data scientists to the security team. 

 

Data Scientist 

Now that we mentioned data scientists, let’s focus on that! They often have a knack for digging into systems to find and use relevant datasets to create patterns and solve problems. From data mining to data cleaning, and analysis, you bet they can handle all the tough work! 

Data scientists will also collaborate with various AI staff such as engineers, analysts, and more. Not to mention, they are expected to provide insights to business stakeholders in a digestible way. 

 

 

Data Engineer 

If you have individuals looking for the “what,” then you also need people to work on the “how.” This is where a data engineer for an AI project comes in! They are briefed about the ideas and insights from scientists and come up with solutions to various problems. They do so by developing scalable and reliable APIs that can be sourced into applications, and MVP applications that have everything right from model development to model testing.

A data engineer can help develop and maintain architecture using leading AI frameworks.

 

Machine Learning Engineer 

Let’s first define machine learning or ML. This term pertains to the subset of artificial intelligence wherein the machine runs simulations with the data it has been given to produce accurate results.

In order to be effective as an AI team, a Machine Learning Engineer is needed so he or she can deal with complex data and apply predictive models. They build and maintain various machine learning initiatives so companies can get high-quality data and solutions on autopilot. 

 

Product Manager 

What’s the next step after extracting data? How do you tackle problems on the project? All these questions and more can be solved with a reliable Product Manager who is skilled in estimating organizational impacts stemming from data interpretation and analysis.  

 

Lawyers

There is a lot of talk about AI – whether it’s about replacing humans in various fields, or issues on privacy. A strong AI team should have lawyers who are well-versed not just on how AI is being used in the company, but across all industries too. These lawyers will also help the team should there be any new laws, or if they are failing to abide by laws on algorithmic decision-making.

 

NLP Engineer

This is someone who is skilled in human language, including spoken and written information. He or she usually works on NLP technology and handles tasks related to voice assistants, speech recognition, and document processing.

 

The world is embracing data and technology now more than ever. Build a powerhouse AI team today by outsourcing to the Philippines! 

KamelMedia is a trusted company for outsourcing to the Philippines. We are dedicated to helping you achieve your goal of becoming an industry game-changer with new products and experiences through AI. If you want to put together a high-functional team, don’t worry! We got your back! 

Some of the benefits you can get from outsourcing an AI team to the Philippines include:

  • Reduced operation costs by up to 70%. Can you believe that you can create meaningful change for your business without burning a huge hole in your pocket? One of the biggest benefits of outsourcing is saving up on expenses. By outsourcing, you are passing on the training, security, and other overhead to our team.
  • Option to hire various AI staff on a part-time, full-time, or freelance basis. Choose if you want a whole team, or if you need specific roles filled in.
  • Reliable professionals who are well-versed and experienced in the field of AI. 

 

What are you waiting for? Message us to get a free quote! We can help you build a solid and powerful AI team in no time. 

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