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Expand your business

iteoExpand your business
You already have a well prospering business, but seek a field for further development? We offer high level change management with a thorough conceptual, logical, architectural, and technical design support, idea verification, audit and product workshops, analysis and planning, as well as the A-Z process of development.

Design your business expansion with a solid tech support

Effective and plausible change management to reach your goals

We start the process of a product or service expansion by establishing your previous step outputs and defining both conceptual and logical solution documents. It gives us a clear picture of your company’s actual state and capabilities – and that’s a reliable starting point for further work.

Clients who expanded their businesses with our help

First things first: is this the right time to expand?

Before you decide on expanding your business, be sure that it’s on the right path to grow. Start with a data-driven analysis of the following:

  • The demand for your products or services

  • Steadiness of your profits

  • Consistent control over your costs

  • Available resources (finances, staff, material)

  • Possible external investors

If you’re able to make the analysis within your company’s competencies – that’s great. If not, we’ll gladly help. 

The actual benefits of business expansion

Attracting new customers

Reach out to a new group of clients, retaining your old customer base, too.

Gaining competitive edge

Get a first-mover advantage, expanding to the market fields beyond your competitors’ scope.

Founding opportunities

A successful expansion strategy can get you necessary funding and thus a firm financial position.

Multiple revenue streams

Not relying on one product or service gives you higher chances to offset potential losses with another type of business.

Having a new team onboard

A fresh team of skilled professionals will bring new ideas and competencies, being an essential asset of your business.

Greater brand recognition

Make sure your targeted audience recognizes your product and associates it with specific quality and characteristics.
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So, how do we make it happen?

Creating a Technical Design Document (TDD)

Technical Design

First, we establish every little detail of the entire design process or its particular parts, including the interface, data structures, class models, algorithms, etc.

Application Impact List

Then, we create a list of factors that can have a negative impact on an app’s performance – thus we’re aware of possible shortcomings and able to avoid them.

Revise Assumptions

Any assumptions you may come up with during the process of planning the expansion have to be revised before the launch of design and implementation.

Revised Risk & Mitigation Plan

Process of developing a risk reduction plan – tracking any risk exposure, identifying new hazards, and evaluating the effectiveness of the mitigation process.

Strategic Assessment & Business Architecture Consulting

Processing the information and paving the way for a successful business enhancement

At this stage, we will need to examine your business to acquire as much information as you can provide, either in the process of an interview or workshops with your team. At the same time our Business Consultant prepares an individual in-depth research.

What to expect

Charter Canvas Design

An effective way of creating a UX design process based on a user-centered approach – analysing both a user and a company’s chief business goals.

Value Case

Mapping the values of joint project members in a comprehensive manner in order to align your business objectives and reach an accepted investment decision.

Stakeholder Analysis

Identifying and understanding your stakeholders’ needs and expectations, with all the intricacies that may influence a project’s successful development.

Resource Analysis

A valuable insight into a company’s resources and capabilities identifying its strengths and weaknesses and verifying its potential competitive advantage.

Risk Mitigation

In-depth research and analysis prevents you from taking the wrong step. If your business plan isn’t complete or fitted to your objectives, there’s still time for a fix.

High Level Business Requirements

Getting your business requirements straight before launching the process of product development and making sure they’re understood by every team involved.

Complete Business Architecture Package

A general description of a target product with a clear identification of its goal, functionality, critical processes, and active elements, along with their co-interactions.

Complete Process Architecture Package

A preview of all potential business processes carried by an organization to provide its customers with a proper product or service and avoid potential wastes or mistakes.
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Prioritization Checkpoint

If you decide to move forward with your business expansion idea, this is the stage when your vision gets crystallized

At this point, we enunciate your project’s final business requirements, scope, KPIs, requested capabilities, and develop the As-Is and To-Be process maps. We use them to get to know your business process’ current state and be able to model an improved future one.

Conceptual Solution Architecture

The last step to finalizing your idea – substantive and technical support

As soon as the prioritization checkpoint is over, we’re ready to dig a little deeper and create a conceptual solution document which includes:

  • Proposed High level Conceptual Architecture

  • Solution Alternates

  • Assumptions

  • Risk & Mitigation plan

Further actions

  • RFI – NDA: Learning more about our work assumptions and get a contract proposal

  • Business and technical analysis, audit, and workshops: Meeting our Business and Product Consultant to plan a successful development

  • Getting a go-ahead: Agreement processing instructions

  • Takeover & kickoff: Final analysis and planning

  • Execution: Project management, design, engineering, and QA

  • Tech operations and release management: Going live review

Knowledge hub

Our services

Backend development

Backend development

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Frontend development

Frontend development

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Mobile development

Mobile development

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We’ll help you verify your idea and get the lead out!
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