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This was presented during a business event organized by the USMCOC NW in Seattle, March 29, 2012.These slides present TechBA as a success model for technology companies going global by Itzam De Gortari, CEO of TechBA Seattle. It also shows participating companies in Seattle, the local ecosystem, the Boot Camp 2012. Boot Camp mentors and partners who participated in this event are: Janice Fraser (Luxr), Darius Dunlap (SupportUX , LLC.), Venspark, Tristan Kromer, Patrick Vloskovits and Alex Samano. The Boot Camp in Seattle was shown as an example of the Luxr participation with its materials at the South by Southwest Conference in Austin last March by Luxr.This presentation also includes success cases from TechBA Seattle companies.
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TechBA, a Success Model for Technology Companies going Global
Itzam De Gortari TechBA-Seattle March 29, 2012
The US-Mexico Chamber of Commerce NW Chapter
Vancouver
Seattle Silicon Valley
Phoenix
Austin
Detroit
Montreal
Madrid
TechBA Branches
Seattle
Aerospace • 72,000 employees • 737 line of production • New 787 Dreamline • AFA Washington
Information Technologies • 90,000 employees • Puget Sound International Hub • 150 Companies • 30 billions (usd)
Clean Technology • High environmental concern • Clean Tech Cluster, ranks # 1 by number employees around this sector
Biotechnology • 190 companies • 16,000 employees • 10 billions in revenues
Logistics • 3rd largest shipping center in USA
Film & Music • 1 billion in revenues • 12,000 employees Gaming
Largest key players in the industry, 497 millions 9,200 employees
What is TechBA Seattle?
ECOSYSTEM
FEDERAL GOVERNMENT STATE OF WASHINGTON
ASSOCIATIONS COMMUNITY TECHBA
• enterpriseSeattle • City of Bellevue • University of Washington • International Trade and Economic Development
• Create relationships through business not the other way around • Sells/business driven • Business culture is direct • Merits
• US-Mexico Chamber of Commerce NW • Port of Seattle • Center of Advanced Manufacturing Puget Sound • Venspark • Private companies
TechBA Results
Created in 2005, under the mandate to provide an environment that encourages innovation • 150 technology companies have reached $ 160 MM usd of international sales and $ 1 B usd combined, national and international • 3,500 new high-value positions generated
• High Value Technology Sectors: IT, aerospace, automotive, life sciences (biotechnology, medical devices), energy, high manufacturing
Facts of TechBA Seattle • 45 Mexican companies have participated in TechBA Seattle (2010-2011) • 10 companies have been incorporated in the US
• 2 companies starting patent registration • 4 companies have hired US nationals
• 15 Local Consultants / Coaches
• 12 work spaces available in our offices
• 5 strategic partners: City of Bellevue, enterpriseSeattle, Trade Development Alliance, US-Mexico Chamber of Commerce NW, and Venspark
TechBA Acceleration Program
8 to 12 months 5 weeks
Pre-‐accelera)on Acelera)on 1 and
12 months
Acelera)on 2
• Customer generation • Hypothesis definition • Smoke test • MVP
Business Case
• Marketing Plan • Implementation • Sales increase
• Sales increase
BootCamp
BootCamp 2012
10 Companies: VG, Mobile and Web app’s 5 weeks Objective: Place a product in the market
In two mayor steps
Lean Startup
Learning process
6 Accelera:on Pillars
Product
Market
Technology
Resources
Business Model
Distribu:on
Elevator Pitch
Business Case
Opera:onal Plan
Quantify and Replicate
BootCamp
Closure …
BootCamp 2012
Before and after …
MVP: minimum viable product
BootCamp 2012 other Outcomes …
Lean Startup
Venspark / TechBA
Customer
Company
6 pillars Get specific Make decision Take Actions
Persona Hypothesis Smoke test MVP Metrics
Quick summary
Companies Portfolio 2009
Aeronau:co
Automotriz
Biotecnología
BPO
Energía
MANUFACTURA
Mineria
Quimica
TIC
4.03%
3.23%
4.84%
4.03% 0.81%
80.65%
Aerospace Automotive Biotechnology
Mining Chemicals ITC
BPO Energy Manufacturing
Indicators
Source: http://www.businessinsider.com/the-future-of-mobile-deck-2012-3#-1
Indicators
Source: http://www.businessinsider.com/the-future-of-mobile-deck-2012-3#-1
TechBA Principles • Technology intensive business and concentrated core business • Well established structure with a clear vision that permeates at all levels of the organization • As VC’s, we select people with DNA of an entrepreneur
• Product is important but excellence in management makes it big
• Competitive advantages: find what makes you better than anyone else in the market
• Test the market as soon as possible and be ready to adapt, test your alpha with friends and your beta with customers • Self assessment
Context The company develops applica:ons for mobile phones for Android plaVorms, iOS, Blackberry and Windows 7
Company Achievements under the TechBA program
Barriers Publisher dependent market High cost of distribu:on
1 out of 6 …
$. Sales and Growth
Context Scio is an Interna:onal full-‐service consul:ng firm that specializes in so^ware development. Provides outsourced product development and IT services for ISVs and businesses with internet-‐based services and applica:ons that support on-‐demand businesses and So^ware as a Service (SaaS) specializing in Microso^ technologies.
Company Achievements under the TechBA Program • Microso^ Cer:fied Partner as Vendor ID in less than 3 months • Contract to develop training programs for Microso^ Azure
Barriers • Vendor consolida:on • Saturated market (China and India) • Market long sales cycle • Customer acquisi:on
Context Kaxan is a company conformed by more than 100 people, focused on intellectual property development, mainly through films, animated series and video games produced by its two divisions: Kaxan Studios and Kaxan Games.
Company Achievements under the TechBA program • Company’s exposure in the media. Promo:on of Kaxan Games and achievements in the local and interna:onal media: Kaxan
Developed 3 iOS games published and released by Chilingo: Taco Master, Finger Shoes and Torture Bunny. Taco Master is the #1 downloaded app in the iTunes store in Mexico on iPhone and iPad (ahead of such brands as Plants vs. Zombies and Angry Birds).
• Taco Master is one of the top 100 Arcade games in the US iTunes App Store
Barriers • Corporate governance • Licensing process • Limited resources for films
Context Xibalba is an independent company with a global vision devoted to crea:ng innova:ve games by using the latest gaming technology to achieve the highest quality standards
Company Achievements under the TechBA Program • Award winning Mexican company that has developed the game Icebreakers, offered for sale via digital distribu:on: Intel,
Desura, OnLive, direct2Drive • Icebreakers was awarded the :Level Up 2010” awards for Character Design and Best Laptop Game” from Intel • Has secured their first extended development contract with a major mobile games indy developer publisher to assist in the
development of new and exis:ng F2P (Free to Play) mobile games for iOS and Android. • Development of the value proposi:on of Xibalba Studios for Games Connec:on in Lyon France to be used with various
publishers • Poten:al contract with Big Fish Games to publish future :tles
Barriers Publisher dependent market High cost of distribu:on
Poten)al Success Case Context Anfexi is a company that provides so^ware solu:ons for the loan and credit industry. It has 20 specialized products with a scope that goes from the lead genera:on/loan origina:on to the loan management/collec:on and recovery
Company Achievements under the TechBA Program • Anfexi refined its business strategy • Found and got in contact with poten:al financial services ins:tu:ons • Closed a contract with Sco:a Bank • Is nego:a:ng a poten:al partnership with a partner to provide services to credit unions in the U.S.
Barriers • Lenders have the need to sell more loans and reduce the cost of manage them.
Poten)al Success Case Context Locomocion 3D is a Mexican company that provides Mo:on Controlled Camera Services and recently it has been involved in game development through the planning of a virtual studio
Company Achievements under the TechBA Program • Development of a new and improved business plan including sales materials focusing on key ac:ons to enabling partnership opportuni:es
• Locomocion 3D had a business mee:ng with Microso^ having an excellent outcome with the purpose of using Kinect in B2B applica:ons.
• Iden:fied poten:al partners and engagement for company’s sales exten:on opportuni:es
Barriers Publisher dependent market High cost of distribu:on
Poten)al Success Case Context Kokonut Studio is an independent and crea:ve Mexican game studio driven by their desire to innovate mobile experiences
Company Achievements under the TechBA Program • Ability to execute a competent product development in the video games sector • Development and valida:on of a new posi:oning around “Context Based Games” • Access to 10 major poten:al publishers or distribu:on partners • Nego:a:ons with distribu:on partners
Barriers Publisher dependent market High cost of distribu:on
Take away
• Accelerator model successful for economic development based on push strategies: especial emphasis in sales • People, structure and operations • Facilitators, based on consultants promoting:
• Key business relationships in the new market
• Hubs: education, political structure that understands business needs and Financial institution willing to invest in innovation
Thanks