Start up ventures in the IT industry face a lot of problems, be it establishing their set-up, managing finances and resources, putting together the best team, marketing and promotional activities, etc. Just like other enterprises, even Start ups decide on certain objectives and prefer to meet them at the earliest. One of such objectives is establishing a strong presence in the global markets. While many Entrepreneurs prefer personally establishing their venture at a preferred offshore location, start-ups instead go for taking the help of outsourcing the work. The best model that perfectly fits all the requirements of start ups is the recently introduced BOMT Model.
Introduced by LTS by investing years of research and development, the BOMT Model has finally bid farewell to the classic BOT Model that was brimming with limitations. The Build-Operate-Market-Transfer Model comprises four phases that are well designed and bifurcated. In the first phase titled as Build, our professional team develops appropriate, scalable and next generation product that is converted from just an idea to a new brand. This stage includes setting up the team with right skills needed for a product as well as Product Development with scalable architecture. During the second stage of the model, we ensure excellent operational management facilities. Our experts make certain that decided objectives are met during the operations. All the operational management facilities involving professional services & infrastructure management is looked into.
The third phase of the BOMT Model is very unique as it is offered only by us. Titled as ‘Market’, this phase was not available in traditional model meant for outsourcing. This phase gives a cutting edge to start ups to grow in the international market and establish their strong presence. . In this very phase, we represent the start up ventures in different kinds of marketing and promotional activities, which help the companies, expand their visibility in the industry. When the start up is ready, the ownership of the venture is transferred easily. The model is unique in many ways. It is offered on cost to cost basis wherein professionals at LTS are involved as partners rather than service providers. The model is very flexible and fits best to Start ups, small and medium enterprises, Entrepreneurs, as well as independent software vendors. The model has been a fresh introduction in the IT industry, helping people ease the work of establishing a new venture.
The best thing about the BOMT Model is that it is flexible and simple, yet profitable. With years of experience in the IT industry, the model offers comprehensive solutions that are based on proper research. The model acts like ready to use venture for Start ups that do not require additional investment or local knowledge to get a subsidiary working in offshore location. With the model in action, start ups can pay more attention to the core business. This is because our expert team takes care of setting up, operating, managing and even marketing the venture. Already adopted by many Entrepreneurs across the globe, the model has helped them expand their technology, introduce innovation and develop new ideas as well, without much investment.
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.
LTS is Outsourced Software Product Development Company with innovation centers in LA, Chicago and India. The Company expertise covers BI, SaaS based applications, Cloud Computing, Migration, Integration, Cross Platform, Testing, Mobility, Big Data, Product Development, SharePoint, SaaS Tenant and IoT Integrations.