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Concept
Topcoder
Résumé
Topcoder (formerly TopCoder) is a crowdsourcing company with an open global community of designers, developers, data scientists, and competitive programmers. Topcoder pays community members for their work on the projects and sells community services to corporate, mid-size, and small-business clients. Topcoder also organizes the annual Topcoder Open tournament and a series of smaller regional events.
Topcoder was founded in 2001 by Jack Hughes, Chairman and Founder of the Tallan company. The name was formerly spelt as "TopCoder" until 2013. Topcoder ran regular competitive programming challenges, known as Single Round Matches or "SRMs," where each SRM was a timed 1.5-hour algorithm competition and contestants would compete against each other to solve the same set of problems. The contestants were students from different secondary schools or universities. Cash prizes ranging from 10,000 per match were secured from corporate sponsors and awarded to tournament winners to generate interest from the student community.
As the community of designers, developers, data scientists, and competitive programmers involved in Topcoder grew, the company started to offer software development services to 3rd party clients, contracting individual community members to work on specific tasks. Most of the revenue, though, still came from consulting services provided to clients by Topcoder employees. From 2006 onwards, Topcoder held design competitions, thus offering design services to their clients. In 2006 Topcoder also started to organize Marathon Matches (MM) – one week long algorithmic contests.
In an attempt to optimize expenses, Topcoder introduced new competition tracks in 2007-2008 and delegated more work from its employees to the community. By 2009, the size of Topcoder's staff had been reduced to 16 project managers servicing 35 clients, while the community did most of the actual work via crowdsourcing. Topcoder representatives claim that at this point their community had about 170k registered members, and the company's annual revenue was approximately $19 million.
Source officielle
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