Development of a New Software Business Model
Client: Global Manufacturing & Services Company
Industry: Energy & Utilities
The organization aimed to launch an innovative new line of software and advanced analytics solutions designed to better serve its customers while simultaneously establishing a sustainable and profitable revenue stream. To achieve this, they required a well-defined business model, thorough market validation, and a practical, actionable go-to-market strategy—all to be developed without the extensive resources typically available to a large enterprise.
Solution:
Conducted extensive customer discovery sessions, comprehensive market research, and detailed competitive analysis to thoroughly refine and enhance the value proposition. Identified high-value market opportunities, potential strategic partners, and promising acquisition targets that align with long-term business goals. Led the end-to-end development of an initial software product specifically designed to improve operational performance, successfully securing two key launch customers and establishing a strong foundation for sustained future sales growth.
Impact:
Established a clear business model for a new profit center
Successfully launched with two initial customers and rapid adoption
Expanded market reach, driving over $50M in orders in the first year
Provided executive team and advisory board members with actionable insights and a strategic roadmap for scaling