Ensuring a higher ROI on your Technology Investment: Here’s How
October 29, 2020
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Given the ongoing global pandemic, industry dynamics have shapeshifted beyond our expectations and comprehension. It has always been tricky for investors to choose the right product startup to invest in, and the current scenario has made things all the more difficult. The threshold has shrunk from being a successful venture to a sustained venture. A report from Review 42 suggests that “an estimated 90% of new startups fail” with 20% of them failing even to cross their first year of existence.
This burning issue in the startup ecosystem is the void that exists between the startups and the investors. Even when an investor zeroes down a particular startup to back on, the compatibility becomes a challenge. The lack of a technology partner or a ‘bridge’ between the two stakeholders is where most of the problems start.
With the challenges evolving at an unprecedented rate, the investor-startup duo needs a technology partner more than ever. Even though startups are mostly in-line with emerging technologies, they lack the experience and even expertise in some cases. Having a compatible technology partner not only elevates the technology prowess of the venture but also boosts its entire value proposition while promising a higher ROI for the investment at the same time. In a nutshell, it’s a win-win for everyone.
Here’s how Gateway Digital is empowering the global Product Engineering Services landscape. Click here to know more about it.
Gateway Digital’s ‘Startup Innovation Lab’
A one of a kind proposition, our Startup Innovation Lab diminishes every roadblock for investors. We not only deliver technology excellence for budding technology startups but also ensure the strategic implementation to make the investment profitable for the investors.
We offer a host of services customized to the new-age investors in the technology ecosystem. These services help us deliver:
Flexible Engagement Model
Penetration in other GEOs/Markets (where we operate in)
Access to Legal/Local structure in 15 countries
We support every phase of the startup lifecycle
Gateway Digital offers technology and consulting excellence right from the conceptualization of a product/service. We have some of the best minds of the industry for architecture design & prototyping to create a robust framework for your product. Along with that, we have state-of-the-art Verification & Validation Lab for Quality Assurance & reliability testing.
Once the MVP is launched, we accelerate the software product implementation as per the product roadmap as well as take customer feedback into consideration. Our methodologies are agile. We adapt to the evolving market dynamics in to safeguard the investment and the entire investor-startup collaborative setup.
Here is a visual representation of how things flow here at Gateway Digital and how leveraging our expertise would make a substantial impact on your ROI.
To put it in a nutshell, Gateway Digital offers some never seen before value propositions that would not only safeguard your investment but would also secure and succeed it. Here are some reasons why stand apart and should be your next Technology Partner:
Dedicated R&D team having 2000+ man-hours of experience
A panel of 20+ technology startup evangelists
End-to-End IT Solutions Provider for 25+ Startups
Domain experience of 9 diverse industries
Roadmap-driven Start-up consulting Framework
A unique opportunity came to us when a prominent European investor was seeking a Technology Partner for a data-driven solution provider in Iceland. Their in-house team was skilled but lacked the specific expertise to deploy the sophisticated technical framework. The project was to deliver an app that could minimize the likelihood of injuries onboard high-speed boats due to wave slamming forces.
Gateway Digital stepped in to fill the technology expertise void and delivered the project successfully on time. We saved the entire venture from being sabotaged and brought in the latest and, more importantly, better technology. Here are a few highlights from a technological standpoint:
We created a responsive website, a web-based admin portal and an Android tablet app.
Our web-based admin portal lets fleet managers monitor boats’ activities in real-time by displaying their current location on a map, impacts detected, average speed, etc.
The tablet app gathers data in real-time, analyses it, and issues alert (including SMS alerts) to fleet managers if needed.