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Startup and IT Partner Matchmaking

Date post: 31-May-2015
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This presentation will guide you through all the available options for startup development. It features stories of the five startups Oxagile worked with. - Full analysis of all the available options: hiring in-house, onshore and offshore outsourcing - Top 5 risks of offshore outsourcing for startups - Real data about the 5 startups that took these risks
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Startup and IT Partner Matchmaking: Top 5 Risks 5 Solutions 5 Case Studies
Transcript
Page 1: Startup and IT Partner Matchmaking

Startup and IT Partner Matchmaking:

Top5 Risks

5 Solutions5 Case Studies

Page 2: Startup and IT Partner Matchmaking

 “Genius is 1% inspiration and 99% perspiration.”Thomas Edison

Page 3: Startup and IT Partner Matchmaking

A successful startup is 1% a good idea and 99% perspiration and execution.”

Page 4: Startup and IT Partner Matchmaking

While millions of people have good ideas, it is not only about the idea; it’s about the execution.

Page 5: Startup and IT Partner Matchmaking

And Here Right Technology Partner Steps In

Page 6: Startup and IT Partner Matchmaking

Outsourcing?! Wait. What?

Page 7: Startup and IT Partner Matchmaking

In-house | Onshore Outsourcing | Offshore Outsourcing

Budget | Long-term vs. Short-term Needs | Need for Expertise

Page 8: Startup and IT Partner Matchmaking

SIMPLE DECISION MATRIX FOR A HYPOTHETICAL STARTUP

As introduced by Steve Mezak in “Outsourcing without borders”

Page 9: Startup and IT Partner Matchmaking

5 Risks of Outsourcing Startup Development and Why Oxagile is Different

Page 10: Startup and IT Partner Matchmaking

Unpredictable Budget

…Exactly how much are we talking here?

Complete and detailed analysis of all business requirements.Fixed-price contract. No strings attached.

Page 11: Startup and IT Partner Matchmaking

Lack of control and transparency

You want control and transparency on the project.

Agile methodologyFull transparencyAt each project phase.For each task.

Page 12: Startup and IT Partner Matchmaking

Communication Failure

Flexible working hoursRegular scheduled meetingsYou get all the updatesOn time. When you want them.

What about the time difference? Effective communication is crucial to success.

Page 13: Startup and IT Partner Matchmaking

Commitment

You don’t want to commit to any vendor and sign a contract for the whole application/system development at once.

Split the project into phases and steps (i.e. prototype, design, basic version development and deployment, advanced version development and deployment, etc.)

Page 14: Startup and IT Partner Matchmaking

Changing the Horses in Midstream

We already have the vendor. We would like to change him, but we’re afraid to involve a new company.

Skills and experience to join the work in progress at any stage and successfully complete the project.

Page 15: Startup and IT Partner Matchmaking

5 Startups That Took These Risks

Page 16: Startup and IT Partner Matchmaking

Case Study #1. Now Sell It To Google.

Page 17: Startup and IT Partner Matchmaking

*Startup was acquired for $400 million by Google Forrester Research, Inc. Ranks Admeld as #1 Sell-Side Platform in 2012

STARTUP CHALLENGES:

1. Validate the idea for investors

2. Guarantee system reliability

OXAGILE SOLUTIONS:

1. Dynamic working prototype

2. Dedicated QA team

Page 18: Startup and IT Partner Matchmaking

Case Study #2. Make It From Scratch.

Page 19: Startup and IT Partner Matchmaking

STARTUP CHALLENGES:

1. Lack of Resources2. Limited Budget

OXAGILE SOLUTIONS:

1. Utilized our team’s top expertise in video solutions

2. Strategically planned expenditures to optimize total costs

Page 20: Startup and IT Partner Matchmaking

Case Study #3. Adjust and Evolve.

Page 21: Startup and IT Partner Matchmaking

STARTUP CHALLENGES:

1. The need to develop two versions at different stages of startup growth

2. Lack of experience in video solutions development

OXAGILE SOLUTIONS:

1. Developed a basic and advanced versions

2. Utilized our team’s extensive experience in video solutions

Page 22: Startup and IT Partner Matchmaking

Case Study #4. Agile Approach to Business Consulting.

Page 23: Startup and IT Partner Matchmaking

STARTUP CHALLENGES:

Non-IT startup, and hence no IT expertise = the need for full-cycle assistance

OXAGILE SOLUTIONS:

Cloud platform confidentially shared between the coach and the client. Superior online customer experience with a user-friendly web design.

Page 24: Startup and IT Partner Matchmaking

Case Study #5. Timing Matters.

Page 25: Startup and IT Partner Matchmaking

STARTUP CHALLENGES:

1. Join work in progress2. Time pressure

OXAGILE SOLUTIONS:

Oxagile dedicated team joined the project and delivered on time.

Page 26: Startup and IT Partner Matchmaking

Minimize Investment Risks With the Right Vendor

Page 27: Startup and IT Partner Matchmaking

Agile methodology = Short TTM, Iterative Approach

Detailed Analysis and Fixed Price = Predictability in Investments

Full Transparency and Control = Effective Communication

Right Experience= 30+ Ideas Already Converted into Businesses

No Need to Commit = Plan Execution Step by Step, We’ll Adjust

Page 28: Startup and IT Partner Matchmaking

We’ll Make Your Business Ideas Work.

USA: + 1 855 GO OXAGILE | + 1 855

466 92 44UK: + 44 20 3514 2366

oxagile.com | [email protected]


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