On starting the investment in any new market, there is a need to know many things that are necessary to make a successful investment. By thinking deeply about it, we can deduce a set of questions that can arrange and organize the entry process to invest in a new market. Those questions represents in:
· In which project can I invest?
· What do I need to understand the use and distribution of my resources in a development project?
· How is the follow-up of the development of that project to profit from it?
· How can I identify the points that need to be improved in the development of the start-up?
If these questions have already crossed your mind, you are now doing a technical analysis for your next project. But it is not that simple, especially if your project you want to start is a technique project built on complex software and smart systems.
Technique projects do not succeed simply by once you make a random study and strong software architecture. Rather, it requires accurate technical analysis and comprehensive planning for all phases of the project life. Only specialists in this matter do the technical analysis of projects.It is preferable to depend on strong companies capable of providing technical analysis service for projects before embarking on the project design and construction process. We; Alalmiya Alhura AlMasrya Company will be the best supporter and the best analyst to start your project with a steady pace.
In this article, we will identify a set of important and necessary elements and tools that they are to focus on; when you make the decision to invest through technique projects. They will also help you making a technical analysis of the technique projects that you will invest in.
1) Setting up a Product Roadmap:
A roadmap is a tool that is developed by the project manager and is directed to the people partners who want to know how and when the project will be developed. It also helps the project developer to get the project started on the right track, based on a comprehensive technical analysis of all aspects of the project.
The roadmap includes budget, development strategies, questions and answers that may arise during the project, business objectives, deadlines, and much more. But basically, this is done to see each stage of development and testing and how we can relate that information to the business aims you do on schedule.
By this way, you can get a better understanding of how the project will develop, when it will be ready, etc.. Briefly, it is a plan and course of action that helps you a lot as an investor and all persons concerned.
Roadmaps can also be used to compare your business goals or expectations as an investor with the development team’s plan in order to bring both into alignment or make adjustments if necessary. The ultimate goal is to develop the program efficiently and above all, in an appropriate manner for all parties involved in the development.
2) The technical analysis of risk and feasibility:
As its name indicates, this study can help you understand the real feasibility of a project even before you start as an investor. If you do this, what are the risks to your capital because they are the same startup risks?
Feasibility and risk analysis includes several areas related to the project being developed. These include the fields of technology, time, law, economic, political or tool use, maintainability, operating costs, etc.. The goal is to know, anticipate or be ready for any challenge or obstacle that may face your project. All these are determined through doing an integrated technical analysis for the project.
The most common risks facing the emerging technology projects:
Non-Profitability:
Profitability is what every businessman and investor wants to have. This situation does not always come as fast as they expect. For this reason the lack of profitability may be one of the main reasons for not going ahead with the project.
How to prepare for that? How long is the project estimated to be profitable? When will I get a return on my investment? All these aspects are estimated while doing a technical analysis of projects. By this way, you know what to expect as an investor. Undoubtedly, everything in the project is created from this study.
Legal aspects:
Perhaps this is one of the most sensitive areas. Taking into consideration; an activity can be legal in one country and punishable in another. Currently, with the progress of the internet and technology, you must be sure of the legal aspects of the country or city in which you are going to launch your business. If your project is a mobile app, it must comply with the App Store or Play Store rules as well.
These legal technical analyzes that can make the software you are going to invest in not able to be published, or perhaps when you decide to invest, that was legal, and in the development process, it is no longer. This information is vital and is part of the risks that you take as an investor, owner or head of a startup company.
Burn rate:
The burn rate is the ratio of long-term cash required to the ratio of estimated expenses for all months. This is where you must make the necessary investment so that the startup becomes productive on its own.
It may not be a risk factor per se but if it is not well calculated and taken into account during the technical analysis process, it can become so usually a businessman has this information calculated but we recommend that you also do it as an investor. So there are fewer margins for error.
Lack of market experience:
There are different opinions on this point; some consider that investors can invest regardless of their market experience. Our view is more relevant to those who believe that at least the basic experience is necessary.
You don’t have to be an expert, but you know or at least do a study to analyse risks and probabilities (with experienced people) that allows you to understand the market you are heading to and the pros and cons of the project. All this is determined while doing the technical analysis of the project.
· In which project can I invest?
· What do I need to understand the use and distribution of my resources in a development project?
· How is the follow-up of the development of that project to profit from it?
· How can I identify the points that need to be improved in the development of the start-up?
If these questions have already crossed your mind, you are now doing a technical analysis for your next project. But it is not that simple, especially if your project you want to start is a technique project built on complex software and smart systems.
Technique projects do not succeed simply by once you make a random study and strong software architecture. Rather, it requires accurate technical analysis and comprehensive planning for all phases of the project life. Only specialists in this matter do the technical analysis of projects.It is preferable to depend on strong companies capable of providing technical analysis service for projects before embarking on the project design and construction process. We; Alalmiya Alhura AlMasrya Company will be the best supporter and the best analyst to start your project with a steady pace.
In this article, we will identify a set of important and necessary elements and tools that they are to focus on; when you make the decision to invest through technique projects. They will also help you making a technical analysis of the technique projects that you will invest in.
1) Setting up a Product Roadmap:
A roadmap is a tool that is developed by the project manager and is directed to the people partners who want to know how and when the project will be developed. It also helps the project developer to get the project started on the right track, based on a comprehensive technical analysis of all aspects of the project.
The roadmap includes budget, development strategies, questions and answers that may arise during the project, business objectives, deadlines, and much more. But basically, this is done to see each stage of development and testing and how we can relate that information to the business aims you do on schedule.
By this way, you can get a better understanding of how the project will develop, when it will be ready, etc.. Briefly, it is a plan and course of action that helps you a lot as an investor and all persons concerned.
Roadmaps can also be used to compare your business goals or expectations as an investor with the development team’s plan in order to bring both into alignment or make adjustments if necessary. The ultimate goal is to develop the program efficiently and above all, in an appropriate manner for all parties involved in the development.
2) The technical analysis of risk and feasibility:
As its name indicates, this study can help you understand the real feasibility of a project even before you start as an investor. If you do this, what are the risks to your capital because they are the same startup risks?
Feasibility and risk analysis includes several areas related to the project being developed. These include the fields of technology, time, law, economic, political or tool use, maintainability, operating costs, etc.. The goal is to know, anticipate or be ready for any challenge or obstacle that may face your project. All these are determined through doing an integrated technical analysis for the project.
The most common risks facing the emerging technology projects:
Non-Profitability:
Profitability is what every businessman and investor wants to have. This situation does not always come as fast as they expect. For this reason the lack of profitability may be one of the main reasons for not going ahead with the project.
How to prepare for that? How long is the project estimated to be profitable? When will I get a return on my investment? All these aspects are estimated while doing a technical analysis of projects. By this way, you know what to expect as an investor. Undoubtedly, everything in the project is created from this study.
Legal aspects:
Perhaps this is one of the most sensitive areas. Taking into consideration; an activity can be legal in one country and punishable in another. Currently, with the progress of the internet and technology, you must be sure of the legal aspects of the country or city in which you are going to launch your business. If your project is a mobile app, it must comply with the App Store or Play Store rules as well.
These legal technical analyzes that can make the software you are going to invest in not able to be published, or perhaps when you decide to invest, that was legal, and in the development process, it is no longer. This information is vital and is part of the risks that you take as an investor, owner or head of a startup company.
Burn rate:
The burn rate is the ratio of long-term cash required to the ratio of estimated expenses for all months. This is where you must make the necessary investment so that the startup becomes productive on its own.
It may not be a risk factor per se but if it is not well calculated and taken into account during the technical analysis process, it can become so usually a businessman has this information calculated but we recommend that you also do it as an investor. So there are fewer margins for error.
Lack of market experience:
There are different opinions on this point; some consider that investors can invest regardless of their market experience. Our view is more relevant to those who believe that at least the basic experience is necessary.
You don’t have to be an expert, but you know or at least do a study to analyse risks and probabilities (with experienced people) that allows you to understand the market you are heading to and the pros and cons of the project. All this is determined while doing the technical analysis of the project.
