DNA of building software products - Fast track method

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DNA of building software products - Fast track method - Presentation by Sharad Sharma,

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The DNA of building software products - Fast Track method

Sharad SharmaCEO BrandSigma Inc.

Board Member, Indian Angel NetworkChair, Product Forum, NASSCOM

We are in the midst of a shift (again)

Mainframe

Operating Systems

ERP

ModularApps

Big Data

20132006

Database

199519851975Sharad Sharma @sharads 2

Things that will certainly happen

• Cloud will be ubiquitous

• Mobile will be de-facto consumption device– Mobility is not just small screen

– Presence and Location

– HTML5

– Task specific apps

3Sharad Sharma @sharads

Lets talk corporate apps

Apps, apps everywhere!

Time

TeamSize

TraditionalWay

On the Cloud

Cost of Product Development is down significantly

“Not once have I or my close colleagues ever heard a client say any of the following:•We don’t have a backlog of desired

applications with provable ROI.•We can’t find any applications that we think

are a good idea but without provable ROI.•We don’t need any new applications. We’re

all out of ideas!”Eric Knipp, Gartner, 2012

Backlog of Apps

Sharad Sharma @sharads 4

Apps, apps everywhere!

Sharad Sharma @sharads 5

Co

urt

esy:

Ora

ng

eSca

pe

Data-driven modularization of apps

A new apps hierarchy is emerging!

Sharad Sharma @sharads 6

Co

urt

esy:

Per

sist

ent

Syst

ems

Flat world for applications

Lower Costs

Sharad Sharma @sharads 7

Data-driven modularization

+

India is an emerging flat world leader

These are some early success stories. The pace is quickening!

Sharad Sharma @sharads 8

• Finding and contacting the market– $10 ideas

• Conducting the conversation to extract the idea– Includes validation with 5-10 people

• Building the SaaS solution

• Selling the SaaS solution– Creating Landing Page

– Driving Traffic

Sharad Sharma @sharads 9

Fast Track Method

Fast Track Method

• Why $10 ideas

• Idea Extraction

• Building the SaaS solution

• Selling the SaaS solution

Sharad Sharma @sharads 10

The new buyers

“App Store Search on ‘Insurance’ threw up 443 Applications!

I wonder how many were there 3 years ago??”

Who’ll do make buying decisions for these apps? CIOs or LOBs?

Sharad Sharma @sharads 11

Salesforce

Zoho

Sharad Sharma @sharads 13

Zoho story

~$200 per seat

~$60 per seat

~$12 per seat

Fast Track Method

• Why $10 ideas

• Idea Extraction

• Building the SaaS solution

• Selling the SaaS solution

Sharad Sharma @sharads 14

Sharad Sharma @sharads 15

Idea Extraction

1. What is your most important activity?2. Do you have pain associated with this activity?3. How is the pain related to the most important activity?4. Do you have a systemic process for the most important

activity?5. If that pain went away, how would that help you?6. If we created a process that addressed the pain would you

pay for it?

Dane Maxwellhttp://youtu.be/lHh83TWe7s8

• In the past, founders would stumble into an SaaS idea

• Now, it’s a science!

Sharad Sharma @sharads 16

Indian stories

Fast Track Method

• Why $10 ideas

• Idea Extraction

• Building the SaaS solution

• Selling the SaaS solution

Sharad Sharma @sharads #NASSCOMPC 17

• Create the landing page

• Launch– at Google I/O in June’12

• Drive traffic– now #1!

Sharad Sharma @sharads 18

Indian story

Thank You!

@sharads

#MadeInIndia