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Strategic Steps to Launch a Software Wing in a Traditional Engineering Company edit button Edit

author
Murugan Andezuthu Dharmaratnam | calendar 21 August 2023 | 412

A 3-Year Blueprint

In our '3-Year Blueprint for Engineering Firms', we chart a transformational journey from foundational groundwork to mature software proficiency. The first year centers on team assembly and immersion in both internal and client-driven projects, setting the scene for rapid team expansion and diversified projects in the subsequent year. This phase includes fortifying client relations and initiating a research & development division. By the third year, the firm reaches its envisioned scale of 50 - 500 software professionals, with an established R&D division fostering innovation. This blueprint ensures that traditional engineering firms evolve into tech-savvy entities, seamlessly integrating software solutions with their core competencies.

Strategic Roadmap

Team Structure:

  • Leveraging Existing Expertise
  • Planning
  • Strategic New Hires

Year 1: Foundation Building:

  • Gap Analysis
  • Integration of Traditional & Tech Roles
  • Initial Client Engagements

Year 2: Strategic Expansion:

  • Client Relationship Deepening
  • Team Scalability
  • Research & Development Initiation

Year 3: Attaining Maturity:

  • Optimizing Team Structure
  • Innovations from R&D
  • Future Strategy Evaluation

Initial Team Formation for Microsoft Tech

Legend:
Retrain from engineering
Part-time hire or contractor
Full-time hire
General Manager or IT Director (1) - 20 years
Program Manager (1) - 18 years
Project Manager (1) - 10 years
Architect (1) - 14 years
Technical Lead (1) - 10 years
Sr Developers (1) - 7 years
Software Developers (2) - 4-6 years
UI/UX Designer (1) - 5 years
Freshers/Junior Developers (2) - 0-2 years
Fresher - CS Background (1) - 0-2 years

Ballpark Budgeting: A One-Year Projection for Full-Time Resources.

Ballpark Budgeting: A One-Year Projection for Full-Time Resources

  • Technical Lead:
    • CTC: INR 3,000,000
    • Experience: 8 years
  • Senior Software Developer:
    • CTC: INR 2,000,000
    • Experience: 5-7 years
  • Software Developers (2 members):
    • CTC (combined): INR 2,400,000 (INR 1,200,000 each)
    • Experience: 2-4 years
  • Fresher - CS Background:
    • CTC: INR 425,000
    • Experience: Fresh Graduate
  • Freshers/Junior Developers (3 members) (Retrained from engineering):
    • CTC (combined): INR 1,275,000 (INR 425,000 each)
    • Experience: 1-2 years in mechanical engineering or related fields

Total for Full-Time Resources: INR 9,100,000 (INR 9.1 million or 0.91 crore)

Note: These figures are approximations based on 2021 Bangalore salaries and can vary due to factors such as inflation, specific geographic location, and skill sets.