In the past many years of experiencing technology adoption and deployment, first as websites, then as web-services and now as mobility based applications, we constantly hear that most applications fail. Some say the number exceeds 80%. And then, the struggle for fundraising starts, driven mainly by passion and not reality. The pressure to perform and raise money builds on the founders, to deploy time and money to garner market share. Many seasoned writers say the failure rate hits or exceeds 95%. Why does this happen? How can such a high number of skilled, smart and sensible people actually get into this situation? Read more
The “let’s get on with it approach, lest someone beat us to launch”. Well, it can hold true; maybe 2% of the time that there are some others who will also be solving the problem you are attempting to also, running after the same unique idea or market. But often there is inexperience, lack of clarity on the problem being solved, and importantly shallow, not thought through execution strategy. At times, the user problem and the solution are not clearly articulated, hence what gets built doesn’t really address the problem. At other times, it is a cookie – cutter approach. The founders get clarity as development happens, and that causes development error’s, cost and time overruns, resulting in losing momentum when changes are made mid-way through development.
Let's take an everyday example of a construction of a building.
This starts with excellence in Project Engineering and Definition. A building is built as perfectly as it is conceptualised, designed and engineered. This is why Architecture plays a critical role. We know that it is cheaper and faster to design, evaluate, and think through design on the drawing board. It is flexible, not disruptive, and a way of evolving to the end objective.
For successful engineering is our belief that “The Devil is in the Detail”, and one must not be stingy with one's effort and time at the design and engineering stage. This leads to perfection in what the end product needs to be, and the determination of time, money, material that it will take to build. It also clarifies the commercial viability of the project and the type and number of end customers that are needed to make the project viable.
Once this is done, a building that is perfectly designed will be properly built, within time and costs. It will make for a viable project.
Choose the platforms correctly, select materials that one wants to use, and then work to using them correctly, and build a solution (just like a building) that comes out as planned, and is perfect! Read less