In our company, we are both nervous and congratulating ourselves. We have put three new technological projects into production. They revolve around principles I consider key: they are scalable, they point towards a “long tail” generic market, and they are to be low cost for our clients. These products have been developed within IDODI’s own research program. From Dublin, we pulled the business development cart ahead and from Barcelona the technological project one. It’s been tough combining both efforts but it seems like things are starting to fall in place.
Even though we haven’t invented anything new, we seek to simplify processes, bring ecommerce to final users that scarcely use the technologies represented. We have tried for it to become a pool of products answering to the basic needs in the digital world today. Many more are still needed, and we are working on it.
They say investing on startups is risky. True. So much for all other “safe” investments out there, by the way. However, every time I have the chance, I’ll invest in models that allow job creation, chasing dreams, and facing changing times the way I see it. Not everybody needs to be able to see it, but they should be able to analyze it. These are the main characteristics of the items analyzed in this post:
We have three products. Openshopen, which allows you to easily and safely open an online store. I’ll comment on its outstanding features in coming days. Another one is Emailfy, which supports your online marketing campaigns and your online commercial mailing. The third one is Ebnto, which facilitates the easy organization and promotion of an event. All three pursue simplifying existing models, generate income if the user desires it and complement each other.
- We simplify similar models. We consider our offer to be efficient, complementary and international. We look forward to take this type of technology (with dozens of similar references) to shallower markets in which we already have very profitable commercial process going on.
- Generic international release. They are digital projects that can be sold without frontiers, but we release them using the commercial framework IDODI has in 17 countries as a base. On top of a great presence in Latin America, we provide presence in Singapore, USA, Portugal, and Ireland. This way we manage to close agreements and contracts with powerful local agents, accelerating the access to the greater public. This is not easy. Each branch, each team, each subsidiary represents a high cost in energy and money, involving a great deal of compromise and conviction. I must say it’s true we are helped by my almost two decades of networking while working throughout the world.
- Products in constant beta phase. I love releasing fully operational products branded with the label “on permanent improvement”. We are not going to stop learning and adding new elements. Many of the problems that may arise are being solved in real time, detected mostly through user experience. Is there a better model?
- Complementary, transversal, coordinated teams. My dream was to be able to have my own “software factory cloud”. A place were projects could be created taking advantage of synergies, teams, and challenges. That’s how we have designed this first plan. We’ve got three products because there are three companies, but all three are managed by a common staff and complementary teams. Very efficient patterns of what can be combined are created. I assure you it is not easy, but it is fascinating.
- Private capital. So far we haven’t had to engage in the process of attracting public funds. We haven’t requested a cent from anyone on top of what the partners been able to contribute. Maintaining the development of three products like these with dozens of people involved and complicated agendas is tough. Now it’s time to find capital for the coming stages once we get there. The funding rounds will be open shortly and, if you wish, you can request the proposal document at IDODI.