Fintech
Binding seamless Technology with Finance
General Published on: Tue Jul 09 2024
Product Engineering Services (PES) refer to the designing and development of products through expert assistance and support. PES involves the use of hardware, software, and powerful IT solutions. The commercial viability of the developed product is always ensured by PES.
The product engineering process features the following stages:
Ideation: A clear and realistic idea is the fundamental requirement pertaining to PES. This idea needs to be documented in detail and the specifications and requirements must be clearly highlighted. A good number of ideas initially seem tempting, however, they may not always end up being adopted and pursued. The analysis of the idea and the decision to go ahead with it or abort it also need to be taken at this stage.
Development: This is the most important stage of the PES lifecycle. The product gets a shape while optimizing the cost as much as possible.
Testing: Once the product is delivered, multiple checks need to be performed to test its performance. Any deviation from the desired performance is identified and fixed at this stage.
Release: After passing all the checks and the resolution of all the identified issues, the developed product is finally released for the intended audience.
Maintenance: The released product is continuously monitored and maintained poon the basis of performance and feedback received from the users. Based on the same monitoring and feedback, updates are released at frequent intervals to ensure that the quality of the product stays intact as long as possible.
PES offers many benefits to a good number of organizations worldwide. The primary advantages of PES are listed below:
Revenue: Many firms rely on PES services to maximize their revenue. The acquisition of external expertise helps such firms to focus on everything that they are good at. This division of work directly results in significant revenue growth.
Persistent Support: From ideation to the launch of the desired product, the outsourced PES solutions ensure a smooth journey. There is support and advice available on every step of the product development cycle.
Affordability: Hiring full-time designers and developers is always bundled with spending a whopping amount of money. However, in terms of pricing, PES is reasonable. In fact, pricing is the most tempting benefit of PES.
Quality: PES offers superlative service since experts are involved at every stage of product development. PES is not just restricted to product development. Many organizations also use PES for enhancing their existing products.
There is no dearth of Product Engineering Service Providers in the market and each one of them claims to be the best, therefore, choosing one from such a huge pool is not always easy.
Hexaview Technologies is a digital transformation organization engaged in offering Product Engineering services for over a decade now. Hexaview is equipped with a team of skillful designers and developers who have been an integral part of a rich number of successful product development projects. Hexaview brings ideas to life by offering continuous support to its clients regardless of their time zones. What separates Hexaview from its competitors is the assurance of quality delivery at the most affordable cost.
ReportWa, PDF Scrapper, Video Statement, and ALHexa are the products ideated, designed, and developed by Hexaview. These products are used by many organizations owing to their effectiveness and efficiency.
Read on to know about the outstanding capabilities of these products.
ReportWa
ReportWa is a revolutionary product that facilitates financial reporting through rule-based automation. ReportWa helps in reducing operating costs associated with writing or editing reports. It also helps in saving unprecedented time and effort. Every piece of communication is organized and placed by ReportWa in one place to ensure smooth audits by the regulatory agencies.
PDF Scrapper
PDF Scrapper is an automated tool capable of extracting data in record time. PDFs can easily be retrieved from emails, websites, and folders. Any defined location can be saved and used as a template for similar future requirements.
Video Statement
Video Statement is a powerful tool that simplifies financial reporting through automation. Video Statement can create aesthetic video reports for a massive set of portfolios. The tool can identify textual and numeric data through its advanced AI engine.
ALHexa Chatbot
ALHexa is a conversational chatbot that can easily resolve employees’ queries. The messages are processed by ALHexa with the help of its Natural Language Processing (NLP) technology. In case of any ambiguity in the questions asked by the employees, ALHexa suggests similar questions.
If you liked what you read, please consider reading our elucidated blogs on all the products and services offered by Hexaview. You can also follow us on all the social media platforms to stay updated with all the developments in the digital world.
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