Why Do We Do This? The Problem (in IT Outsourcing Market)
There is no single place for SMEs to efficiently find IT providers for their outsourcing needs (in a 200+ billion EUR / year market). Information is scattered across small, agent based networks and there is little to no transparency, which leads to:
- multiple middlemen and price arbitrages between service sellers and buyers;
- sub-optimal matching – 41% of executives in EU initiate new selection process once contracts end and 8% consider only other providers due to dissatisfaction with the delivered service.
Currently existing marketplaces are primarily oriented towards individuals (freelancers). Teams of distributed individuals are efficient in small-scale projects only (1-2% niche of the market) due to team assembly and (exponentially) increasing communication costs.
Platform which: a) gathers, screens and rates IT companies capable to work on high-scale projects; and b) intelligently matches them with clients; could address the needs of 49% executives that are looking for better matches every year.