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