Date post: | 31-May-2015 |
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Technology |
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Startup and IT Partner Matchmaking:
Top5 Risks
5 Solutions5 Case Studies
“Genius is 1% inspiration and 99% perspiration.”Thomas Edison
A successful startup is 1% a good idea and 99% perspiration and execution.”
While millions of people have good ideas, it is not only about the idea; it’s about the execution.
And Here Right Technology Partner Steps In
Outsourcing?! Wait. What?
In-house | Onshore Outsourcing | Offshore Outsourcing
Budget | Long-term vs. Short-term Needs | Need for Expertise
SIMPLE DECISION MATRIX FOR A HYPOTHETICAL STARTUP
As introduced by Steve Mezak in “Outsourcing without borders”
5 Risks of Outsourcing Startup Development and Why Oxagile is Different
Unpredictable Budget
…Exactly how much are we talking here?
Complete and detailed analysis of all business requirements.Fixed-price contract. No strings attached.
Lack of control and transparency
You want control and transparency on the project.
Agile methodologyFull transparencyAt each project phase.For each task.
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.
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.)
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.
5 Startups That Took These Risks
Case Study #1. Now Sell It To Google.
*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
Case Study #2. Make It From Scratch.
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
Case Study #3. Adjust and Evolve.
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
Case Study #4. Agile Approach to Business Consulting.
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.
Case Study #5. Timing Matters.
STARTUP CHALLENGES:
1. Join work in progress2. Time pressure
OXAGILE SOLUTIONS:
Oxagile dedicated team joined the project and delivered on time.
Minimize Investment Risks With the Right Vendor
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
We’ll Make Your Business Ideas Work.
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466 92 44UK: + 44 20 3514 2366
oxagile.com | [email protected]