With the demonstrated demand for Web-based sourcing and collaboration solutions, Bizloom’s founding members explored and researched the corporate solutions market segment since 1998. Finally, in spring of 2001, the client began piloting an enterprise-class platform for complex process collaboration. The product of over 2 years of development, this third generation, field-proven platform has now become available to enterprises looking at the Internet and leading edge collaboration technologies in order to be able to establish and manage complex business processes, extended relationships, and to collaborate in context.

Since its inception in 2000, Bizloom has always aspired to becoming a leading provider in the field of complex process and online collaboration. From previous development projects in the area of custom application development, the company has a rich history of developing software and Web-based solutions that facilitate advanced business collaboration. This intimate understanding of today's collaboration marketplace and in-depth industry experience translates into a rich history of technology leadership and aggressive innovation.

The Challenge
Bizloom Inc. turned to Fast Ventures for assistance with the development of its strategic business plan. The client faced various challenges as its team members lacked the required business planning proficiencies to map out a conclusive strategy that would enable them to capitalize on this market opportunity.

The Solution
Fast Ventures’ technology group worked closely with the client to identify and further define the drivers of Bizloom’s business concept. Our research team conducted extensive exploratory research and gathered significant amounts of competitor intelligence to validate the client’s market opportunity and assist Bizloom’s IT team with its final application design. Based on these insights we commenced working on the client’s business plan. Our business planning consultants adopted a suitable business model, developed a conclusive market communication plan, and assisted the client to pitch its strategies to potential beta clients and strategic partners.

The Results
Fast Ventures delivered a professional strategic business plan that helped the client to leverage important key aspects of its service offering and turn them into a sustainable position of competitive advantage. The client decided to build an offshore IT development center in India and licensed its proprietary online collaboration suite to various prominent service providers in that field.

The Feedback
“I would recommend Fast Ventures to anyone who needs a high-end business plan. Mark Alexander has done an exceptional job interacting with us throughout every phase of the assignment”.

Rajesh Shetty, Co-Founder, President & CEO, Bizloom Inc.