Growth Stage Tech Firms

Services for Growth-Stage Product Firms

Growth-stage firms need a mix of speed, process maturity and tools/technology know-how. They generally have a working product and need help in developing other newer products, enhancing/modifying existing products to newer feature-sets/markets/users, re-factor it to a new platform or redeveloping the UI/UX. Below are our services to the growth-stage product firms:

Product Enhancement

On a periodic basis, growth-firms embark on significant enhancements to their products in the form of addition of new modules or new feature-sets. Generally such enhancements would allow the firms to meet growing client demands or acquire greater share-of-wallet of their client firms. Such projects build upon the existing product environment and are executed as below:

  1. Develop / review product requirements, product backlog, write user stories
  2. Develop a project plan and sprint plan
  3. Develop UI mockups/wireframes
  4. Update object model, data model and system specifications
  5. Iteratively develop/test various modules/features through Agile, Scrum or another similar methodology
  6. Develop release schedule, release documentation
  7. Release the product/application, provide initial user support

New Product Development

Growth-firms leverage their success in the existing products and markets to launch new sources of revenue through newer products. This usually involves building a series of new products/features upon the existing technology stack and the platform components. The project is executed as below:

  1. Develop detailed market requirements (MRD) and the product requirements (PRD)
  2. Develop a detailed project implementation plan
  3. Review the technology stack and ensure any changes to the stack are incorporated
  4. Develop a comprehensive and “navigable” product mockup/wireframes
  5. Develop object model, data model and system specifications
  6. Iteratively develop/test various modules/features through Agile, Scrum or another similar methodology
  7. Develop roll-out plan, data conversion scripts, user documentation, etc
  8. Setup the production environment, deploy the new application and onboard customers/users