Research as a Service in the 21st Century: A Brief Introduction | Nitor Infotech
Send me Nitor Infotech's Monthly Blog Newsletter!
×
nitor logo
  • Company
    • About
    • Leadership
    • Partnership
  • Resource Hub
  • Blog
  • Contact
nitor logo
Add more content here...
Artificial intelligence Big Data Blockchain and IoT
Business Intelligence Careers Cloud and DevOps
Digital Transformation Healthcare IT Manufacturing
Mobility Product Modernization Software Engineering
Thought Leadership
Aastha Sinha Abhijeet Shah Abhishek Suranglikar
Abhishek Tanwade Abhishek Tiwari Ajinkya Pathak
Amit Pawade Amol Jadhav Ankita Kulkarni
Antara Datta Anup Manekar Chandra Gosetty
Chandrakiran Parkar Dr. Girish Shinde Gaurav Mishra
Gaurav Rathod Harshali Chandgadkar Kapil Joshi
Madhavi Pawar Marappa Reddy Milan Pansuriya
Minal Doiphode Mohit Agarwal Mohit Borse
Nalini Vijayraghavan Neha Garg Nikhil Kulkarni
Omkar Ingawale Omkar Kulkarni Pranit Gangurde
Prashant Kamble Prashant Kankokar Priya Patole
Rahul Ganorkar Ramireddy Manohar Ravi Agrawal
Robin Pandita Rohini Wwagh Sachin Saini
Sadhana Sharma Sambid Pradhan Sandeep Mali
Sanjeev Fadnavis Saurabh Pimpalkar Sayanti Shrivastava
Shardul Gurjar Shravani Dhavale Shreyash Bhoyar
Shubham Kamble Shubham Muneshwar Shweta Chinchore
Sidhant Naveria Sreenivasulu Reddy Sujay Hamane
Tejbahadur Singh Tushar Sangore Vasishtha Ingale
Veena Metri Vidisha Chirmulay Yogesh Kulkarni
Thought Leadership | 06 May 2020 |   7 min

Research as a Service in the 21st Century: A Brief Introduction

featured image

Research as a Service (RaaS) is an important concept gaining traction in today’s age of increasing flexibility and scalability in software development. RaaS is a sub-branch of the industry trend of Everything as a Service, or being able to use reusable software components across a network(s).

Nitor Infotech launched the radical concept of Research as a Service (RaaS) during HIMSS 2019. I am glad to say that the response for RaaS was overwhelming, during both test marketing and the actual launch. Many organizations and professionals congratulated us for the concept and the significant value customers stand to derive from RaaS.

This blog is the first of a three-part blog series. This first blog is intended to be a short introduction to the concept of research as an offering, the RaaS culture, and its significance in the world of software development. I intend to popularize the exact value proposition for each of the customer segments Nitor Infotech serves, as well as instigate thought on how RaaS can be applied to customer situations. The second and third blogs will describe the applicability and significance of RaaS for large, medium, and small ISVs & Enterprises.

Let me begin by saying that the seeds for RaaS were sowed almost 3 years ago. I do not exaggerate when I state that it does take this long to build the culture of RaaS; what seems effortless today is actually the culmination of strategic steps and investments done to arrive at this position. We achieved this by taking into account various parameters of RaaS culture.

The first parameter we considered was Value Addition. Building value is a critical yet endless pursuit. One cannot add value without thinking out of box. The next important consideration was the number and types of investments. People generally think of investments in terms of cash: RaaS, however, needs leadership to invest time with a cross section of contributors while ensuring that the mind set of leaders and contributors is aligned with business needs. This investment is perpetual in nature and needs keen initiative from leadership.

After this came the factor of our unique positioning in the market. Differentiating ourselves is of utmost importance in this cluttered marketplace. During every engagement, we proactively invest in at least one parameter that differentiates us. We remind our customers to evaluate us on that basis and not just by the expected deliverables. This is why customers vouch for our value addition approach. Finally, the last element of RaaS culture is foresight, or planning for future needs. This is aptly illustrated by our acquisition of SpotOn Software, a software company specializing in outsourced product development and enterprise solutions. This strategic move was aimed at bolstering our AI capabilities. Today, we can comfortably say that we have the credentials to build Gen3 and Gen4 AI.

It is worth noting that RaaS as a concept is relatively new. RaaS is designed on the concept of contributing knowledge and delivering an exponential impact for our customers. These research services intend to streamline and automate the IT aspect of research. It can be summarized as the journey from Unknown to Known. The diagram below explains the components of RaaS in more detail.

Because RaaS is such an extensive and all-encompassing concept, there is no one-size-fits-all strategy for it. The RaaS strategy orientation changes depending on the type of the customer. The RaaS approaches and strategies for Software Product Development Companies (ISVs) and Enterprises will be covered in more detail in subsequent blogs of this series.

Note that everything that we do can be challenged; we are ready to embrace this with open arms. This is both a joy and challenge of RaaS: testing ourselves is the only constant, thus ensuring that we think out of box every time.

Related Topics

Artificial intelligence

Big Data

Blockchain and IoT

Business Intelligence

Careers

Cloud and DevOps

Digital Transformation

Healthcare IT

Manufacturing

Mobility

Product Modernization

Software Engineering

Thought Leadership

<< Previous Blog fav Next Blog >>
author image

Sanjeev Fadnavis

CEO

Sanjeev as a CEO at Nitor has more than 23 years of deep domain expertise in enterprise software. His domain knowledge coupled with management expertise and a deep understanding of market dynamics enables Nitor to grow organically and expand in overseas markets.

   

You may also like

featured image

A Complete Guide to Monitoring Machine Learning Models: Part 2

In the first part of this series, I introduced you to the monitoring of machine learning models, its types, and real-world examples of each one of those. You can read Read Blog


featured image

Building and Managing AI Frameworks

I’m sure you would concur when I say that reliable AI is well on its way to becoming a vital requirement in today’s business landscape. Its features of fairness, explainability, robustness, data li...
Read Blog


featured image

Top 4 Types of Sentiment Analysis

When you’re analyzing what works for your business and what doesn’t, you deal with two types of data- objective, tangible data that you collate from surveys, feedback, and reviews, and then there’s...
Read Blog


subscribe

Subscribe to our fortnightly newsletter!

We'll keep you in the loop with everything that's trending in the tech world.

Services

    Modern Software Engineering


  • Idea to MVP
  • Quality Engineering
  • Product Engineering
  • Product Modernization
  • Reliability Engineering
  • Product Maintenance

    Enterprise Solution Engineering


  • Idea to MVP
  • Strategy & Consulting
  • Enterprise Architecture & Digital Platforms
  • Solution Engineering
  • Enterprise Cognition Engineering

    Digital Experience Engineering


  • UX Engineering
  • Content Engineering
  • Peer Product Management
  • RaaS
  • Mobility Engineering

    Technology Engineering


  • Cloud Engineering
  • Cognitive Engineering
  • Blockchain Engineering
  • Data Engineering
  • IoT Engineering

    Industries


  • Healthcare
  • Retail
  • Manufacturing
  • BFSI
  • Supply Chain

    Company


  • About
  • Leadership
  • Partnership
  • Contact Us

    Resource Hub


  • White papers
  • Brochures
  • Case studies
  • Datasheet

    Explore More


  • Blog
  • Career
  • Events
  • Press Releases
  • QnA

About


With more than 16 years of experience in handling multiple technology projects across industries, Nitor Infotech has gained strong expertise in areas of technology consulting, solutioning, and product engineering. With a team of 700+ technology experts, we help leading ISVs and Enterprises with modern-day products and top-notch services through our tech-driven approach. Digitization being our key strategy, we digitally assess their operational capabilities in order to achieve our customer's end- goals.

Get in Touch


  • +1 (224) 265-7110
  • marketing@nitorinfotech.com

We are Social 24/7


© 2023 Nitor Infotech All rights reserved

  • Terms of Usage
  • Privacy Policy
  • Cookie Policy
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Accept Cookie policy