What challenges did our customer face?
A start-up incubator engaged us to support its technology business portfolio, as it recognised that the management teams from those early ventures needed support from experienced technology and business advisors.
What did we do?
We worked as support agents for more than twenty start-ups, advising them on their technology strategy, helping to align technology plans with their business plans, highlighting risk areas, providing mitigation options, and helping define best-practice processes. We also acted as a temporary resource augmentation provider as and when required.
Our most significant contributions include:
- Helping a start-up reduce its IT budget from £12m down to £4m by recommending and supporting a technology shift, allowing a significant cost reduction during periods of lesser usage.
- Identifying and communicating a significant delay on a critical project, working through mitigating options and supporting the continuous delivery of the project. This avoided a six-month delay in the delivery.
- Helping the CTO of a start-up clearly communicate its budget need, resulting in a 30% increase in IT budget and allowing the technology to truly support the business growth.
Outcome
By acting as advisors, we increased the start-ups' chances of success and acted as a bridge between each start-up and its investors. This allowed us to foster constructive discussions around technology challenges and ensure everyone was working towards a common goal.
Client names are withheld as a matter of course. We are happy to arrange references at the right point in a conversation.
