Seize new business  |  Shorten time to revenue  |  Transform business


Seize new business

Customer Global Software Vendor with presence in all software markets
   
Customer profile Over 30,000 employees, over $10B in revenues, global infrastructure
   
Problem Statement The Customer has identified a new business opportunity, for which there was no existing infrastructure within the organization. The Customer needed to explore this opportunity, develop a plan for addressing it, complete with associated organizational structure, engineering plans and product management plan. The Customer also needed an in-depth analysis of existing research data to support product efforts.
   
Industry High-tech software
   
Project summary Develop a business plan for a new business opportunity.
Assess existing research data and apply towards the business plan. Make recommendations for specific product features to Engineering.
   
Benefits By engaging Mindzone, the Customer was able to shorten time to revenue for a strategic new business opportunity. The Customer was able to develop a solid understanding of its customer base needs and requirements and translate them into successful feature set for its upcoming products.
   
Text

At the time Mindzone was engaged, the Customer has been struggling to address a new business opportunity within its current organizational structure. The efforts have not been successful, because neither Marketing, nor Engineering had the bandwidth and model how to address new business opportunities and identify their viability.
Further, there had been an ongoing debate between Engineering and Marketing, regarding the value of certain features planned to be included in the upcoming product release. Engineering was leading with a general sense of “these features are cool”, while Marketing had no basis to argue against that.
Mindzone quickly assessed the situation and launched two parallel projects. The first project focused on analysis of existing research data and applying the findings to the stated objectives regarding target customers, retention and growth of installed base. These findings were presented to senior executives of the Customer and became the basis for decisions regarding the product feature set.
The second project focused on assessing the business opportunity. This required the development of a business plan, including financial analysis, market sizing, market segmentation and target customer profile.

back to top    next case

   

 

 

 

 

 

 


                 sitemap  |  Copyright © 2006 Mindzone, Inc. All Rights Reserved.  |  Home