Financial firms are facing enormous challenges with traditional QA and testing methodologies.
Increasing the speed of application development and deployment, without compromising on quality, has become a critical factor for success.
For that reason, numerous software companies – large and small – are increasingly focused on QA testing tools and related solutions.
The testing firm Test Triangle is no exception. As an emerging IT service provider, the Dublin-based company is specialised in application testing, DevOps, RPA, mobile app development, IT staff augmentation and training in advanced technologies.
Possessing strong experience in different industry verticals such as banking and finance, the company, which was founded in 2012, serves financial and tech giants such as Aviva, KBC and Infosys.
QA Financial caught up with Praveen Madire, the founder and current CEO of Test Triangle, which also has offices in Hyderabad, India and Austin, Texas, employing in total close to 200 people.
Q: When looking at tool vendors, more and more merge and consolidate, will the value-add of that proposition need to be refined, slimmed down and reinforced?
Praveen Madire: This is a good question but it very much depends on individual businesses and where they are in the growth journey. We have many competitors who have merged with vendors, but for us, we want to keep our identity and most importantly our focus on our road map for 2030, which is to redefine complex communications with linear solutions through our technology, our global teams and our leadership in the IT industry.
Q: Looking at the wider market space, what are some of the key challenges you and the wider testing industry currently face?
Praveen Madire: The most pressing challenge in the testing industry is the persistent gap between the demand for skilled professionals and the available talent pool, leading to resource shortages and skill gaps. Also, the adoption of Agile and DevOps practices has significantly shortened release cycles, demanding rapid testing without compromising quality. Security testing faces heightened challenges with escalating cybersecurity threats, requiring robust practices to ensure application resilience. Test automation poses ongoing challenges, encompassing the identification of suitable test cases, script maintenance, and adaptation to evolving technologies. Mobile testing complexity arises from the need to ensure consistent performance across a diverse range of devices, operating systems, and network conditions.
“The adoption of Agile and DevOps practices has significantly shortened release cycles, demanding rapid testing without compromising quality.”
– Praveen Madire
With the emergence of AI, the dynamic nature of machine learning and AI algorithms introduces unique testing challenges due to their self-learning capabilities. In addition to this, ensuring compliance with data protection regulations, such as GDPR, while testing applications handling sensitive data remains a continual concern.
Encouraging the adoption of shift-left testing practices, integrating testing earlier in the development lifecycle, requires cultural changes within organisations. Continuous learning and adaptation are crucial as testing professionals strive to stay updated with the latest tools, methodologies, and industry trends. And finally, the shift to remote work has introduced challenges in terms of collaboration, communication, and maintaining a cohesive testing environment.
Q: It is often said regulation can barely keep up with the rapidly evolving tech ecosystems we operate in. Do you agree?
Praveen Madire: Certainly, we concur with the notion that regulations struggle to keep pace with the swiftly evolving tech ecosystems. The dynamic nature of technological advancements often outpaces the development and adaptation of regulatory frameworks. While this disparity poses challenges, particularly in ensuring timely and comprehensive compliance, it does not impede the delivery of effective testing solutions.
Testing teams, despite navigating complex and evolving regulatory landscapes, remain adept at providing high-quality solutions. The key lies in viewing regulatory compliance not as a hindrance but as an integral aspect of delivering trustworthy and ethically sound testing services, contributing to the overall integrity and reliability of the tech solutions we offer.
Q: In this crowded and competitive market place, where do you currently see opportunities for growth and expansion?
Praveen Madire: There are promising opportunities for growth and expansion in several key areas. Firstly, the increasing demand for test automation and continuous integration/continuous deployment (CI/CD) practices presents a significant avenue. Automation not only enhances efficiency but also allows testing specialists to focus on more complex and critical aspects of software quality. Additionally, with the growing significance of cybersecurity, there’s a flourishing need for specialists skilled in security testing to ensure robust protection against evolving threats.
Q: With AI obviously taking centre stage.
Praveen Madire: Yes, the integration of artificial intelligence and machine learning in testing processes opens doors for innovation, providing opportunities to develop advanced testing algorithms and tools.
Furthermore, as industries embrace digital transformation, software testing specialists can explore niches within specific domains such as healthcare, finance, and IoT, tailoring their expertise to meet industry-specific requirements. Overall, adapting to technological trends, upskilling in emerging areas, and diversifying into industry-specific domains position software testing specialists for substantial growth and expansion in the evolving IT landscape.
“Test automation poses ongoing challenges, encompassing the identification of suitable test cases, script maintenance, and adaptation to evolving technologies.”
– Praveen Madire
Q: Within the testing market, as a fairly niche specialist, how do you stand out from the crowd?
Praveen Madire: In the rapidly evolving landscape of IT, standing out as a niche testing specialist requires a strategic blend of technical prowess and innovative approaches. At the core of our differentiation lies a commitment to technical excellence. Our specialists boast proficiency in automation and coding and possess deep knowledge of specialised testing domains. By staying at the forefront of modern development practices, including CI/CD, performance testing, security testing, and API testing, we assure our clients of cutting-edge solutions.
Q: So knowledge and expertise are your key differentiators?
Praveen Madire: No, our distinctiveness goes beyond technical expertise. We understand the importance of effective communication and collaboration, which are essential for seamless integration with diverse stakeholders. We’ve embraced a flexible model, harnessing the power of a diverse mix of onshore and offshore resources. This not only provides a cost-effective solution but also ensures that quality remains our unwavering commitment. In the dynamic realm of niche testing, we position ourselves as not just service providers but as innovative partners, ready to navigate the challenges of tomorrow’s IT landscape with skill and agility.
Q: Linked to that, how do you plan for diversification?
Praveen Madire: Diversifying as a specialist in software testing involves a strategic approach. We continuously analyse market trends for our client’s needs to identify emerging areas and prioritise ongoing team training in the latest testing tools and methodologies to adapt to evolving demands. We actively seek client feedback and conduct market research to explore potential avenues for expansion and kick off small-scale pilot projects in new domains for hands-on experience before a full-scale commitment.
Q: And how do you translate that into action?
Praveen Madire: We forge strategic partnerships with complementary firms to enrich our service offerings and maintain a flexible team structure, facilitating easy resource reallocation based on project requirements. On the client front, we make it our mission to not just provide services but to enlighten our existing partners about the exciting spectrum of expanded services. This journey involves implementing a phased approach to diversification, adeptly managing associated risks, and ensuring financial stability.
Q: Finally, anything else you would like to share with QA Financial readers?
Praveen Madire: In today’s rapidly advancing technological landscape, the role of the software testing specialist is more crucial than ever. As the importance of robust and secure software becomes increasingly apparent, software testing specialists play a key role in ensuring the reliability and integrity of applications. Embracing innovation, particularly in areas like automation, security testing, and artificial intelligence, is not just an option but a necessity. Regulatory compliance is no longer seen as a hurdle but as a fundamental element in delivering trustworthy solutions. In essence, the expertise of software testing specialists is essential in shaping a future where technology meets the highest standards of quality and reliability.
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