Reksoft: Skillflex Digital Product Platform

2021: Market Entry

On December 8, 2021, Reksoft launched a product - an integrated platform for managing the production of digital products Skillflex. The solution belongs to the Application Lifecycle Management (ALM) class and is a key component of the digital product factory - a comprehensive proposal to create modern software production in organizations engaged in digital transformation of their business.

The implementation of the platform will avoid typical problems in creating software products and reduce up to 40% of production costs, while providing a high level of transparency and manageability of development processes.

As a development company, Reksoft sees a market demand for a professional tool that helps you effectively manage your IT portfolio to meet the demands and challenges of digital transformation. The Skillflex platform has combined Rexoft's best practices in the field of digital products - it will help our customers significantly reduce the time and cost required to bring new services and products to the market, "commented Sergey Stepanov, director of the Rexoft design department.

The solution is addressed to medium and large companies from all sectors of the economy, for which digitalization becomes the basis of new business models. The solution is effective for managing a portfolio of projects that require business, IT, and outsourcing coherence. The effectiveness of Skillflex is confirmed by the positive dynamics of the design metrics, taken according to a single method before and after the implementation of Reksoft commercial projects. So the average speed of bringing new functionality to the market after the introduction of Skillflex showed an increase of up to 30%.

According to research by BCG, Forbes and McKinsey, more than 70% of digital transformation projects do not achieve their goals to one degree or another. The main reason for such statistics lies in communication problems, as well as in the gradual loss of manageability as the team grows. With the complexity of IT projects and the expansion of the membership of the project team, as a rule, new complex management tasks arise that are not characteristic of the early stages. These include the issues of assessing the impact of change, the difficulty of conducting what-if analysis and budget evaluation in the face of ever-changing requirements. In addition, the increase in the size of the project team is often reflected in a multiple increase in overhead costs related to the growth of communications and the complexity of management processes, as well as support for a single space. It is these tasks that are designed to solve the Skillflex platform, which was developed and successfully tested on the Reksoft projects.

The main principles of the Skillflex platform are:

• organization of project work within a single information space, which gives all participants of the process the opportunity to see the current version at any time;
• continuous automated monitoring of design metrics, helping to move from solving design problems to preventing them;
• Organization of end-to-end traceability of all project artifacts, which reduces time to analyze the causes of problems and evaluate changes and helps to avoid "forgotten" requirements;
• A two-speed analytics and design model that allows you to quickly evaluate long-term product development plans and provide exceptionally accurate planning for immediate deliveries;
• unified methodology of project activity, expressed in the project charter, reduces time and improves the quality of onboarding of new project participants.

The Skillflex platform allows you to reduce the time for bringing new functionality to a productive environment, identify project risks in advance, provide flexibility when changing requirements and prevent unplanned increase in overhead costs. The solution will allow simultaneous implementation of large and complex IT projects within the company within the agreed time frame. And most importantly, Skillflex gives management a reliable and convenient tool to support decision-making in a dynamic digital transformation environment, "commented Evgeny Mineev, executive director of Rexoft.