How to Build a Strong Product Culture in Your Service Company
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Sukanya Bharati
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November 19, 2024
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Blog
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Shifting from an IT service-only business model to one that includes products, platforms, or accelerators can seem challenging. However, the key to a successful transition lies not only in developing new offerings but in fostering a culture that supports innovation, collaboration, and customer-centric thinking. Building a product culture within your service company can empower teams, streamline processes, and ultimately help …
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How to Identify what to build for Your IT Services Company
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Sukanya Bharati
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November 5, 2024
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Blog
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Introduction So finally you have decided to leap from a service-only model to a service + product approach, haven’t you? In our previous blog, we discussed why this change is critical for unlocking new revenue streams, improving margins, and standing out in a competitive marketplace. Now, the big question is: What product should you build? Let’s talk about how you …
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IT Services Companies: Combining Services and Products for a Stronger Business — and What’s in It for You
Introduction Have you ever felt the pressure to innovate and keep up with the market and your customers with new tech coming in the market everyday especially if you are leading an IT Services Company. Do you feel the need to have better margins than your peers and better customer retention and stronger loyalty? But the bigger question is : …
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Why Competitor Analysis is important
We were one of the most loved products in the market Sales were increasing, customers were raving about the product Even the analysts were putting us in top quadrants, waves and ranking It seemed like the party would continue This was somewhere in mid 2000s Smaller competitors were selling at $1000 a pop or lower We were selling at $250-300K …
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The journey from product manager to leader
If you ask a parent with more than one child, which child do you love the most? They will have a tough time answering. I was the father of only one child then but I found myself in a similar situation when I went from being a product manager to leading a team of product managers. Being a PM is …
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Let’s Accelerate!
Have you read this recent article? “TCS says its platforms and products business is worth about $3 billion.” Being a services company, it seems a bit out of its core area but TCS is generating a considerable amount of revenue from intellectual capital. Did you know TCS is among the largest IT services providers globally with a market share of …
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The Power and Limitations of No-Code and Low-Code Platforms
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Sukanya Bharati
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August 21, 2024
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Blog
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In Part 1 of our exploration, we looked at the features and functionalities of no-code and low-code platforms and also how we can use them to create applications in a shorter time. These platforms have definitely revolutionized how we approach software development. For creating any fully-featured and polished product, there is a lot of work involved in the process such …
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AI and Product Management: Friends or Foes?
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Sukanya Bharati
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August 21, 2024
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Blog
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Unless you’ve been living under a rock or in a cave chances are you’ve been inundated with posts, memes, and all sorts of information about AI over the last year. Whether it’s changing hiring practices or replacing jobs, everybody seems to have an opinion on the technology and its global impact. There are a significant number of doomsday activists but, …
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Why Process Matters? The Key To Scaling Up
The path to creating great products isn’t solely dependent on innovation, experience, value, or celebrity entrepreneurs; it heavily relies upon people and processes. This holds particularly true for businesses aiming to scale up their operations, whether they are startups or new projects within a larger corporation. The kind of team and process required at this stage vastly differs from the …
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Why startups fail
In India, only 1 in 3 seed funded startups make it to round A. And this is just looking at VC funded data. If we consider all the bootstrapped and angel funded startups, those that don’t make it operational scale or venture scale, things will look much worse… This is only part of the story. The real story behind this …
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