Tietronix to the rescue: New Product for Fortune 500

For nearly two years, the in-house development group at this Fortune 500 company struggled to develop a new technology product identified as critical to the company’s revenue growth and leadership position in its market segment.

But after pouring endless resources into the project, the company was faced with the real possibility of shelving the effort altogether. After careful consideration, it contacted Tietronix with the hope of completing the project.

After a situation analysis by our most experienced technology experts, we proposed a new approach. The Tietronix team used our proven product definition methodology to reduce risks and speed development to precisely match the customer specifications.

A prototype product was presented within three weeks. The customer approved the project and it was completed in three months at a fraction of the costs the product development effort had previously incurred.

Following its introduction, the product enabled the company to establish a significant advantage over the competition. In addition to increasing its revenues, the new product contributed dramatically to improve the company’s market value as measured by the stock price growth from the day of the product launch.