InsightsNOW
- 1. P a r to fG ig R ic hT e c h n o lo g ie sP r iv a teL im ite d Confidential and Proprietary to GigRich 1 On-Demand Analytics Services www.InsightsNow.cloud
- 2. 2 In over 18 years of leadership experience at TESCO, Landmark Group and RR Donnelley, I have seen that many analytics projects fail due to lack of domain understanding / contextual awareness • Not practical to implement • Not agile enough to address business exigency Through 2022, only 20% of analytic insights will deliver business outcomes” (Gartner, 2019) Only 27% of big data projects are regarded as successful (CapGemini) 87% of data science projects never make it to production (VentureBeat, 2019) According to McKinsey, only 15% of businesses’ ML projects ever succeed.
- 3. 3 This problem is more pronounced for Mid-Market companies High Domain Knowledge & Value ownership Low Domain Knowledge & Value Ownership On-Demand / Agile Committed resources/ Low Flexibility Lack Deep Pockets to build and sustain Existing freelance platforms only assess for tech / data skills In-effective outsourcing due to lack of scale and consistency Longer Project kickstart timelines leading to business losses 1 3 2 4 Lack Leadership bandwidth to manage team of freelancers 5 Opportunity Space Global Capability Centres I n f o s y s Estimated Market Size By 2028* Total Addressable Market (USA) ~ USD 25 Bn Growth Analytics for B2C companies USD 3 Bn
- 4. Confidential & Proprietary to GigRich 4 InsightsNow is a managed marketplace platform for analytics services, that addresses this market opportunity Practical and Actionable Insights From 30% to 80-85% Quick to start and deliver Crash Timelines by 50% thru 1+1=11 Flexibility + Accountability On-demand but Managed by InsightsNOW Generative AI enabled Crowdsourcing of Domain expertise, to validate problem context and solution approach On-demand Project specific team with the right mix of Fractional Domain expertise, Tech and Analytics skills Project management module for oversight and intervention with in-house experts if required InsightsNow platform Uberization of analytics services; managed and delivered through on-demand problem specific teams
- 5. Our Business Model Initial target ~40% Gross Margin & 15% Net Margin Asset Lite Model with ~ 1:3 Fixed to Variable Cost Confidential & Proprietary to GigRich 5 Projected Gross Margin ~ 40% - 60.0% 1 5.0% 100.0% -25.0% Project Value Cost of Resources Operations Cost Net Margin Non-Linear earnings capacity over time Number of Projects Contextual Problem Solving Capability Outsourcing services InsightsNOW capability through crowdsourcing Resource hours to deliver Number of Projects Freelancer Platforms Outsourcing services InsightsNOW productivity by leveraging fractional resources Gross Margin can grow to ~ 50-60% + Scope for expansion to other geographies, functions & industries Offering as a SAAS platform to enterprises for managing innovation projects
- 6. Till date we have bootstrapped to build the initial version of the platform and supply side capacity June’2022 June’2023 June’2024 On-board core Team Initiate BD in USA Sign-up and deliver projects for ~15 clients in USA Ramp-up brand visibility on Supply Side Generative Ai for crowdsourci ng domain expertise Finetune model, and scale-up in USA Reach ARR of USD 1 Mn Founding Team on- board Version 1 of Platform Ready PoCs / Initial few clients in India Initial set of Experts, analysts & Service Partners
- 7. We are looking for an initial investment of 1.0 Mn USD to initiate business development in USA and build the AI led crowdsourcing of domain expertise Target over next 8-9 months Acquire ~ 12 to 15 clients in USA Projects per client ~ 3 to 4 Total Project Value ~ USD 500 to 700K Validate Gross Margins of ~ 40% Fine Tune Go-to-Market and Operational strategy On-board Core Team 15% Generative AI based crowdsourcing 30% Business Development 40% Marketing and Visibility 5% Incentives for crowdsourcing 5% Tech, Admin and Legal 5% Investment Break-up
- 8. Founding Team: Suresh and I have known each other over the last 15+ years Confidential & Proprietary to GigRich 8 We are in discussions to bring on board a couple of advisors. We are also looking for a Head of BD and Head of Data Sciences, as part of leadership / Founding Team Co- Founder & CEO : Mahadevan Shankaran Iyer ( Mahaa ) • Over 3 decades of experience in Tata Motors, SIFY/ Satyam , TESCO and Landm ark Group, in India, USA and UK. • Last 1 5 years have conceptualised, built and delivered Analytics, Custom er Loyalty, Digital transform ation and Innovation program s, for Om ni Channel Retailers : Tesco and Landm ark Group. • Played diverse roles covering Business Strategy, Product Marketing, Business Developm ent, Operational Excellence and Custom er Experience Managem ent. Co- Founder & Head of Technology : Suresh Vajeravel • Over 1 5 years of experience as an Technology Program Leader with a large MNC. • Conceptualised and built workflow platform s, that have delivered significant productivity benefits, while enhancing user experience. • Consistently enabled business success, by reducing the tim e to m arket for client im pacting innovations, using an agile delivery m odel.
- 9. Thank You Address GigRich technologies Private Limited, 23171, Prestige Ferns Residency, Haralur Road, Bengaluru 560102 Telephone +91-9740076354 Email Mahadevann.iyerr@insightsnow.cloud Website www.insightsnow.cloud GigRich Technologies LLC, 3847, Blossom CT, Mason, Ohio 45040 9