In an increasingly volatile and information-efficient world, it is imperative for companies to analyze the Known Unknowns (you know the question but not the answer), as well as the Unknown Unknowns (even the question is not known).
Data in more ways than one is a fuel to a digital economy. Curating, gathering, analyzing, and finally getting insights from data or business processes using technology is Research as a Service.
With a research service, organizations can leverage cutting-edge technology to access the right kind of information for better decision making, increased flexibility, and scalability.
As a fast growing organization sometimes both time and resource-strapped a mature research service provider can come in and help conceptualize product ideas, innovate constantly, generate user interest, and increase revenue.
With a holistic assessment methodology and research framework, we enable companies to collaborate with the data ecosystem and explore the unknowns.
For ISVs applying RaaS in ramping up their experiments through a ‘fail-fast approach’, inspecting risks, and adopting the right digital experiment is critical from the business point of view.
As per our findings, in order to grow faster, startups and mid-sized ISVs dedicate most of their time and attention to securing funds, generating and sustaining initial customers, and valuations.
As this diagram also illustrates innovation and validation of the product and the innovation do not get the attention they deserve. Innovation means not just the bourgeoning of new ideas but also a retrospective analysis of all the experiments done so far.
Nitor’s Research as a Service model helps businesses conquer Cartesian planes of ‘Known –Unknown’ and ‘Unknown-Unknown’. With the help of ideas, tools, and concepts we help SMBs:Peer Product Management can help mid-sized ISV's:
Optimized research costs
Research as a service (RaaS) automates and streamlines the IT aspect of research, which can help ISVs connect with their users better, expedite go-to-market time, and negate volatility of the market at large and business in particular. Nitor’s RaaS is a scalable and cost-efficient option, if businesses are looking to go beyond standard research and profit from technology evolution.
We use sophisticated technology combine it with analytics and research to deliver effective insights that ultimately lead to smart decision making.
Digital diagnosis and strategy design
Experience and portfolio design
Minimum Viable Product
Microservices and refactoring
Open source software
Data science and engineering
Digital Transformation Mapping
Even though The Unknown Unknown may be a grey box today, you are still not shooting in the dark. The ‘Tsunami of Data’ the company holds has clues that can point to unseen drivers that impact business today or in the future.
Our decade’s worth of experience with data, blended with our domain expertise, can help you find opportunities in the unknown. You can:
Analyze something you don't regularly investigate
Interpret something old in a new way
Probe on a deeper level
Ask for additional data by collaborating with the ecosystem
As a company with innovation in our DNA, we embrace risk in our innovation process by looking to prototype (embedded with elaborate tracking & analytics) ideas quickly and fail fast (if necessary) as a means of clarifying the best path forward.
Identify Key Reliability Concern Areas
Ensure Observability is setup (using various monitoring tools)
Ensure key metrics identified with value ranges identified as Red Zone, Amber Zone and Green Zones
Root Cause Analysis of the Reliability Concern Areas
Presenting the Solution to fix the concern area
Rapid prototyping of the Solution
Incremental Deployment and Testing to measure progress
Continuous Deployment & Improvement
Nitor’s Research as a service model is a highly customizable and transactional model that helps organizations survive demand volatility and understand their customer needs better. Nitor consistently delivers high value engagements because of our:
With both depth and diversity in our experience get tailored solutions depending on business needs.
Dedicated individuals with a passion for technology advancements guide the digital journey.
Leverage Centers of Excellence (CoE) model where top-notch teams and industry best practices help business succeed faster.
Research as a Service is gaining traction in today’s age of flexibility and scalability in software. RaaS helps prioritize design thinking, value-added metrics, & an Agile culture while focusing on growthDownload
Learn to think outside the box by considering the various parameters of Research as a Service (RaaS) cultureRead More
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Nitor’s Research as a Service services?