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