Product Engineering Services Customized software development services for diverse domains
Sustenance Engineering Going beyond maintenance to prolong life of mature products
Managed Services Achieve scalability, operational efficiency and business continuity
Technology Consulting & Architecture Leverage the extensive knowledge of our Domain Experts
Mature products require effective management in order to extend their lifecycle and maintain profitability. Therefore, this is where Product Lifecycle Management (PLM) becomes relevant within the scope of sustenance. While PLM as a concept typically covers the entire product lifecycle from inception to retirement, here, the focus is on the maturity and decline phases.
Additionally, from a business standpoint, this involves keeping the products relevant and profitable through strategic updates, technology enhancements, and end-of-life activities. Additionally, this would allow them to safeguard investments made during the initial development phase and lead to continued value generation.
In the context of product lifecycle extension, HSC helps its clients unlock prolonged value through a strategic approach. Our teams work closely with our clients to ensure their products stay relevant in evolving markets. This is achieved through the right technology integrations and focus on cost optimization.
HSC assists its clients in continually evolving their products through a mix of obsolescence management, re-platforming, and re-engineering.
When products reach their maturity phase, businesses prioritize managing obsolete components and ensuring that the system remains operational. Obsolescence management focuses on keeping products functional and supported, even as underlying technology or components become outdated.
Regular updates, patches, and bug fixes ensure the product remains reliable and secure.
An EOL strategy helps clients manage the transition as products sunset, ensuring adequate support and replacement options.
These activities can help transform mature products, by adapting them to new environments or technology standards.
This can involve the migration of a product to a new platform, often from on-premises to cloud environments. The benefits include:
Re-engineering goes deeper, focusing on revamping the core architecture of a product. Therefore, the scope of re-engineering covers:
Further, these activities are aimed at providing the following benefits:
