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Case Studies --> A Blue Chip
Startup
Technology assessment and offshore BPO consulting.
Our client is a high profile startup funded by a
Fortune 100 firm and top tier VC’s. They are focused on developing
technologies for their target vertical niche.
Technology Assessment
The client is aggressively seeking to gain critical
mass by acquiring firms or technologies that could be tailored and
offered to their customers. To this end, a Radicle Principal was asked
to evaluate competing technologies offered by firms under consideration
and provide a recommendation of the firm to pursue for
acquisition/partnership discussions.
After obtaining an understanding of the client’s
business domain, the Radicle Principal developed a list of attributes to
evaluate the products. Attributes were weighted in terms of the level
of effort it would take to modify them to make them “perfect for the
client”. Product marketing and engineering staff of candidate firms
were interviewed extensively and software demos attended to enable the
completion of this attributes matrix. This analysis driven approach
yielded results that were significantly different from what was
intuitively expected at the beginning. Attributes that were originally
considered insignificant ended up being the most important determinants
of the ideal acquisition/partnership candidate.
As a result of the analysis, the client initiated
discussions with the recommended vendor.
Offshore BPO Consulting
Advisory Consulting services were provided to the
client to explore how offshore services could help increase margins and
improve competitive positioning. Alternative vendors and approaches
were developed and a business model created.
The process consisted of the following steps:
- Awareness Building. Presentations were made to the
leadership team describing the “offshore BPO landscape” and the
potential benefits such services could provide. Particular emphasis
was paid on the successes experienced by firms in other industries and
their applicability to the client’s business.
- Scoping. Potential services that could
be provided offshore were explored and prioritized.
- Business Models. Different business
models were explored. Costs, benefits and potential risks of each
approach were noted.
Rather than provide a simple recommendation, we
chose a more analysis driven approach where each alternative was laid
out in detail for the client. This process was welcomed by the client
as it allowed them to choose a go forward strategy that is most
consistent with their goals and prevailing culture.
The client recognizes how offshore services can
enhance their competitiveness. Benefits include – increase in net
income, ability to scale rapidly without capital
investments, opportunity to price their services to attract the price
sensitive segment of their market, etc.
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