Research is an important part of new product development. Most innovators tend to ignore this and let passion dictate their journey, leading to failure. With our approach equipped with industry leading tools and frameworks helps to understand the product vision, develop customer segmentation and position the product or solution by building value propositions, ensuring the product fits the market.

Empathy maps help us to understand customer needs and how the intended product can help to solve them. Using historical data, survey and focus-group feedback and other key information, we provide a detailed report with recommendations for the product strategy and a clear USP.

The basis of an ideation exercise is to understand how a project will function in a real-world scenario and to provide a technology roadmap outlining the timeline of the project’s journey and evolution.

This discovery stage will take approximately 10 working days to complete. Working closely with you, we will perform an idea validation in line with the solution in mind. Whilst identifying dependencies and the required R&D, Tech Venturas can even create an IP in addition to the technology roadmap.

Developing a proof-of-concept has been a successful technique for decades to get an early validation of a product. The real value of the proof of concept is when it’s developed as close as to the real life solution for the selected feature. Not many tech companies can do this intuitively by giving the client the line-of-sight they need for their future development of the product. Our approach for the PoC is a pragmatic one.

During the discovery phase of the project, we set the foundation for the proof of concept. We set an objective for the PoC by defining a scope. In many cases, the foundation for the minimum viable product (MVP) is this very PoC we develop. With our methodology of PoC, releasing the very first version of your product or the MVP release is accelerated.

During the discovery we capture high-level product features, These product features are then further broken down to more manageable tasks by our product development team. The entire product roadmap consists of thousands of these small tasks, which we also refer to as stories.

We use agile development methodologies such as Scrum. Product development duration is broken down into time-bound slots, which we call a sprint. 

The best part of lean development is that we need not dive deep into the requirements at the beginning, which would delay the development, but uncover those requirements at each sprint while the development is in progress.

Tech Venturas operates a Help Desk function for their clients that operates on an 8×5 basis. This can be offered based on any Time Zone. This Managed Services kicks in at the point the product goes to live state.

We adhere to ITIL V4 standards for service management and service reporting, which means you can adopt your ITIL-driven managed services operations seamlessly with Tech Venturas Managed Services. You will have exclusive access to ITIL standard managed services operations including incident resolution, problem management, requests/query support, change management, knowledge management, etc.