Startups are companies with unique ideas that face many difficulties and challenges at various stages of development. For a business to become successful, you need to develop several directions, from ideas and strategies to MVP, in conditions of uncertainty. One of the ways to make these developments less complex, reduce costs, and save time is IT outsourcing. IT outsourcing can help startups not only reduce costs but also get the necessary financing from investors at various stages, thanks to their expertise and access to new technologies. Therefore, it is very important to find the right IT outsourcing company already at the pre-seed and seed funding stage.
The most important points of this stage are testing hypotheses, creating a strategy, and developing minimum viable product for further analysis. At this stage, investors tend to evaluate the team and the viability of the idea, rather than the product itself.
Here are a few more key factors influencing the decision-making process: presentation of a business idea, MVP (minimum viable product), market capacity, and confirmed demand.
All these important startup tasks will be solved by a reliable and experienced partner in IT outsourcing.
Research and strategy
First of all, a startup needs to create an effective business strategy and define goals and target audience. At this stage, a specification is developed, which becomes a roadmap for the entire development process.
Openix Solution specialists will conduct all the necessary research and analyze all the important information: from market research, target audience, potential problems, and deadlines to potential costs and implementation.
Complete web development
An attractive and functional website design is necessary to provide product information and high-quality customer service.
In addition to the informational functionality and means of communication with the client, the startup website is also an important part of investors’ knowledge about your company, where they can find the answers they need to make a financing decision. Complete web development includes approval of business and technical requirements, wireframes and UX/UI design, developing web services, and product launch.
MVP Development
The development of an MVP (Minimum viable product) will be able to convince investors that your idea is promising and worth investing in. We will help optimize development costs and efforts and create a minimum viable product that meets both your business needs and the needs of target customers.
Our effective team will ensure the correct structure of the MVP creation process, which will lead to the creation of a reliable codebase. Your idea will be backed up by technical knowledge, resulting in an innovative product that meets the needs of the target audience.
You will be able to check market requirements promptly, analyze the experience of the first users, and test business models. Creating an MVP will help you reduce the risk of losing effort, time, and money if the product does not work.
At an early stage of a startup, funding is required to complete market research and develop an appropriate technical product or software. As a rule, the founders of startups imply a clear idea or innovation but do not have a complete understanding of the technologies, architecture, or roadmap for the implementation of the idea. Cooperation with IT outsourcing experts will help a startup to get a comprehensive solution at the intersection of -web, -mobile, and cloud technologies for its product, based on a unique experience combining diverse entrepreneurial experience, technological expertise, and a real understanding of business.
We will tell you about how IT outsourcing can help a startup company at Series A of the funding stage in the next article.
