Ten Mile Square frequently executes highly structured technology assessments at the request of investors, acquirers, CEOs, and Boards. The purpose of these assessments is to determine quickly the current state of a product or platform and provide our clients with rapid, expert, and unbiased opinions that will help them make key business decisions.
Our engagement process is highly structured; however, each assessment is customized to meet client goals and information needs. For each assessment:
- We provide formal documented engagement procedures, workbooks, and reporting guidelines.
- Our consultants possess up-to-date technical knowledge and skill-sets and are versed in modern and emerging best practices.
- We conduct extensive interviews of the client technical and management teams. When possible, interviews include the rank and file/line employees from the development team, product management, technology operations, and service delivery in addition to senior business and technical managers.
- In situations where more in-depth analysis is warranted, an engagement may include artifact inspections, including code reviews, static code analysis, process validation, and other deep dive activities.
- We can also execute a product market validation and competitive analysis as part of a due diligence engagement, if desired.
Our Assessments fall into two categories:
Rapid Assessment – Execute intensive analysis of your technology platforms to identify the roadblocks to scaling and recommend changes in your platforms and processes to improve business and technical operations and product quality. Key deliverables include:
- Documentation of current state of your platforms
- Prioritizing of key technical and product challenges
- Roadmap for remediating challenges and implementing new functionality
- Evaluation of current team and organization structure
- Examination of key technical and product management processes
Boards and CEOs generally require this type of assessment.
Technology Due Diligence Assessments – provide insight into a company’s products and platforms in several key areas, including:
- Product capabilities
- Intellectual property
- Underlying technology
- Quality of the product and technical teams
- Technical and product management processes
These dimensions provide the information required to understand the ability to execute, the presence of “secret sauce” and barriers to entry, ability to scale, and any risks inherent or manifest in the product or organization. Investors and acquirers generally require this type of assessment.