Los Angeles, USA – 4 May, 2019:LTS is proud to present an innovative business model called BOMT (Build – Operate – Market – Transform) which is a hybrid partner product development model that offers a low-risk, hassle-free, cost-effective global sourcing strategy that blends the advantages of traditional outsourcing and captive centers.
The unique selling point of BOMT model is to aid Startups and ISV’s in reducing their time-to-market, as well as creating opportunities for increasing revenue and maximizing ROI. This enables us to achieve business transformation in concert with our clients. The BOMT model specializes in product development that strengthens your business.
Through this model, we at LTS offer a progressive launch pad for innovative ideas and enable these products to be transformed into viable software products.
Usually, benefits of an investment come at the last stage when a product or service is sold. However, BOMT model is unique because it starts delivering benefits from first stage and those benefits would eventually culminate into high ROI.
BOMT model helps organizations tap into the global resource pool with no upfront investment using a low risk “Build only what you need” model. It has been built on the principle of reducing unknown bottlenecks and continuously providing a positive ROI from the very beginning of the engagement.
DevOps, a term for a group of concepts that have catalyzed into a movement and are rapidly spreading throughout the technical community comprises of Build and Operate stages of our BOMT model. It takes care of resources, technology, automation, operation support and mobility on demand. Marketmate is comprised of Marketing and Transform stages of BOMT model. It includes activities like digital marketing, customer contact centre and CRM on demand.
Advantages of BOMT model include low organizational costs, more time for core business and low labour cost & infrastructure cost.
Benefits like process expertise, knowledge preservation, team supervision and technical support are integral part of BOMT model. Ownership of superior product, talented expertise, risk diminution, low operational costs and procedural expertise are also key aspects of BOMT model.
When a Startup has started his business on a limited budget, BOMT model helps him to enter the market with a Minimum Viability Product (MVP) that includes the essential features required for a successful initial launch. Later, with a bigger budget, a Startup can introduce new features to the product.
Many of our clients across different industries have benefitted from BOMT model. Such industries include construction, dental profession and IT Security.
A California-based construction company required a system to track their project at every level. This would include all projects; all contacts and all project information to be accessible in real time. The application developed by us helped the vendors and clients to overcome the daunting paperwork process by providing them an easy way to handle their paperwork on the online platform.
A US-based Dental professionals group required a project management application. We developed an application that would be helpful for enhanced patient care, cost-effective service, improvement in operational control and streamlining of operations. With this application, users in dental professionals group also succeeded in speeding up their work due to automated process of collecting, collating and retrieving patient information.
This application included features like user-friendly report creation, data filters, summary tables and graphic distribution. The benefits of this application are time saving, easy collaboration among users and information sharing.
A US based company ProactEye promises 24/7 protection for digital data and IT assets.LTS‘s BOMT model helped ProactEye to develop their security-based product.
Set up in 2006, LTS is an incubator for IT Startups/Entrepreneurs and ISV’s to help with Mobile, Web, product engineering solutions and cloud environment.
BOMT(Build, Operate, Market, and Transform) model, It is an innovative hybrid partner product development that offers a low-risk, hassle-free, cost-effective global sourcing strategy. BOMT works exceptionally well with StartUps, Entrepreneurs and ISVs. It ensures incubation, development, Gestation and transformation support to increase revenue and maximize ROI in short span of time.