April 21, 2017 5:33 pm | Updated 4 years ago.
BizofIT and D2E Ecosystem
Naperville, Illinois-based BizofIT is a unique “Crowdsourced Innovation” Platform for Enterprises, and “Business Development-as-a-Service” Platform for Tech companies.
BizofIT, launched by IT Services industry veteran Bala Palamadai, seeks to disrupt the IT Services space, by challenging the status quo – based on legacy sourcing approaches, legacy Service Providers and legacy engagement models – that resulted in sub-optimal solutions, huge costs and limited adoption of Transformational solutions in several organizations. Identifying a new IT vendor takes up to nine months which is an unacceptably high time frame in today’s world. Also, a little known fact is that new customer acquisition often costs as high as 20-30% of revenues for IT Service Providers, a cost which ultimately is borne by Enterprise Customers.
Through adoption of innovative Platform, BizofIT seeks to eliminate the inefficiencies and reduce costs, and most importantly present Enterprises with Transformational & Innovative Digital Solutions.
The Platform provided by BizofIT has several attractive features, the ‘4P SUGAR Quadrants’ is a unique differentiator. ‘4P’ refers to BizofIT’s proprietary framework for evaluating Solutions along the four dimensions of Platform, People, Process and Partnerships; and SUGAR is an acronym for ‘Specialized User Generated Aggregate Rating’. As the name suggests, this is based on Rating by Specialized Users, namely Customers and Analysts.
Naperville, IL 60564