Why all Founders need an Ascendix proptech consulting & software development audit?
Recently as a part of my private research I spent two weeks analysing 1,327 property technology companies, I started with a list of 912 companies that I had complied and analysed in 2020. Revised it to those who had not exited and were still trading and added 136 clients and a number of start-ups.
From this work a number of trends and observations became clear, most notably that funding; some companies having had five or more rounds of funding sometimes over £60M, often did not translate into guaranteeing a penny of profit. Whereas a number of companies had exited who never took V/C or P/E cash.
The other thing that was blatantly obvious is that a huge swathe of zombie technology companies exist, stumbling along, and they need not, all they require is to undertake some professional external help, (and I am not particularly talking about engaging my services at Proptech-PR) I am actually suggesting a lot of Founders, CTO’s and indeed investors should be using the services of Ascendix.
To be clear I have no commercial tie up with this company so if you use them or do not use them it will not make and difference to me financially, but I just know what good looks like. And having known Wes Snow for some years he really is person that can tell you where you are, and the best and most profitable way forward. As there a huge number of Proptechs out their just languishing and need a clear picture of what to do.
In his own words Wes Snow, CEO and co-founder of Ascendix puts it this way, ‘Whether you want to optimize existing software or assess the feasibility of integrating emerging technologies like AI, we’re here to help. Our proptech consulting and software development audits entail a thorough analysis of your existing processes and software.
We identify risks and outline growth opportunities to ensure a successful product launch, scale-up, or improvement in a corporate clients systems’ performance. As a result, you can eliminate and foresee multiple issues like pricey software maintenance, compliance failures, and security vulnerabilities.’
‘We are trusted by market-leading companies like JLL and Flibco, we’ve helped multiple brands increase both service delivery and flow of new Saas clients. Harnessing the power of AI we enhance their existing proptech software with AI document processing, resulting in increased efficiency and optimized workflows’.
Ascendix proptech consulting & software audit is the right fit when you need to:
Increase MRR and ARR – By having a correct market fit and distribution strategy that scales.
Eliminate Product Quality Issues – Get rid of ever-growing bug backlogs, performance volatilities, scalability barriers, and unstable connections to ensure end-users get the best experience possible.
Avoid Deployment Burdens – Avoid common pitfalls that lead to long-run, pricey, and unstable deployment and implementation that might otherwise cause way more hassle in production.
Upgrade Outdated UI/UX Product Design – Transform outdated UX and design interfaces into fresh and user-friendly UI/UX architecture that meets end-users’ needs and dispels their concerns.
Identify Error-Prone Issues In SDLC – Eliminate any potential flaws within your software development lifecycle by entrusting audits of your products and processes to a technology vendor.
Speed Up Time to Market – Accelerate the product go-to-market period by identifying underperforming parts of your solutions and processes to save time and release faster.
Future-Proof the Product Roadmap – Refine your strategic vision and ensure smooth and high-capacity operations by building a solid product framework with a third-party expert.
Minimize Post-Release Risks – Entrust end-to-end app performance audit to a third-party partner and identify potential software artifacts and defects to prevent post-release issues and avoid brand hurdles.
Improve Business Maturity – Evaluate project artifacts and put documentation and software outputs (development, QA, BA, UX, DevOps) through their paces to enhance business maturity.
Wes Snow adds, ‘Getting an unbiased Ascendix audit of your current product means that our clients can leverage the complex examination of their current processes and software, to identify risks and define growth points for a successful product launch or scale-up. Often we find the c-suite is just too close to the product to get a balanced view of all factors.’
‘There are many ways our consultancy operates, but broadly speaking it usually involves four components.’
Quality Assurance & Testing – Ascendix optimizes your current technology solution or build a new one from scratch by entrusting quality assurance to a trusted vendor with 10 years of experience. We take care of both your business and technical processes with respect to industry-specific standards to prepare you for a successful launch or product scale-up.
Security Check – Ascendix foresees security threats, penetration testing issues, system security gaps, and compliance pitfalls, entrusting security audits to a third-party vendor. We will conduct simulated hacker attacks, also known as penetration testing, which help identify potential gaps in the app’s security. More than that, we can conduct Secure Development Lifecycle tests, compliance audits, and more.
Due Diligence – Ascendix protects you it evaluates your current infrastructure performance and analyse its upgrade profitability by conducting due diligence with an experienced technology partner. Identify development-related hidden costs, technical debts, maintainability opportunities, and mitigate any tech-oriented financial risks.
Potential Weak Spot Prediction – We act as your partner identifying potential weak spots in your product’s source code that may affect its maintainability, scalability, and overall performance. Prevent these issues with customized solutions that reduce potential technical debts and incorporate further improvements.
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Andrew Stanton Founder & Editor of 'PROPTECH-X' where his insights, connections, analysis and commentary on proptech and real estate are based on writing 1.3M words annually. Plus meeting 1,000 Proptech founders, critiquing 400 decks and having had 130 clients as CEO of 'PROPTECH-PR', a consultancy for Proptech founders seeking growth and exit strategies. He also acts as an advisory for major global real estate companies on sales, acquisitions, market positioning & operations. With 100K followers & readers, he is the 'Proptech Realestate Influencer.'