Edutech startup launches an innovative Web3 product
A bootstrapped startup operating in the education tech industry, focused on creating a groundbreaking solution for content development and distribution at the undergraduate and graduate levels.
The Challenge
As a young and ambitious startup, our customer faced the challenge of translating market requirements into a robust technology solution. They needed a comprehensive approach to define market requirements, align them with academic expertise, and efficiently manage the development process in an Agile manner. Our Solution: The Predixion team provided end-to-end product management and technology ownership services to address our customer's needs effectively. Here's how we facilitated their journey:
Our Solution
Market Requirement Definition
Working closely with the market-facing team and academic experts, our domain and technology experts collaborated to ideate and define market requirements. We engaged with academic institutions, professors, and students to validate these requirements, ensuring alignment with the educational landscape.
Product Backlog Creation
Validated market requirements were then prioritized and transformed into a comprehensive backlog of product requirements. This backlog served as a roadmap for development, providing clarity and direction to the entire project.
Vendor Selection and Development
To bring the product to life, we leveraged our 'Capability Cloud' and identified a suitable vendor with the necessary expertise. The chosen vendor collaborated closely with our team to develop a Minimum Viable Product (MVP) that met market expectations and positioned the startup for success.
Technical Program Management
To ensure seamless execution, a dedicated Technical Program Manager (TPM) was assigned to take charge of the product development process. The TPM deployed industry best practices, taking ownership of the product backlog and overseeing the MVP's development. Their role extended up to the deployment and business trials phase, which involved partnering with three large universities.
Results & Benefits
Market-Aligned Solution
By involving academic experts and validating market requirements, our customer's product solution was tailor-made to address the specific needs of undergraduate and graduate education.
Efficient Development Process
Our Agile approach, combined with a comprehensive product backlog, facilitated streamlined development and minimized time-to-market.
Successful MVP Deployment
With the support of our vendor network and dedicated Technical Program Manager, the MVP was developed, deployed, and subjected to business trials with three prominent universities.
Strong Foundation for Growth
By establishing robust product ownership and development practices, the startup was equipped to continue iterating and enhancing their product based on real-world feedback and user insights.
Conclusion
We understand the critical role technology plays in driving business success. By evaluating our customer's requirements, crafting a comprehensive roadmap, and curating a strategic vendor bench, we empowered them to respond nimbly to market needs while fostering innovation and growth. We are committed to delivering tailored technology solutions that help our customers achieve their business goals and maintain a competitive edge.