Introduction to 8KMiles


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Introduction to 8KMiles

  1. 2. An IIM-B incubated company Online Outsourcing. Collaborative Freelancing. Professional Networking.
  2. 3. <ul><li>Online outsourcing ecosystem </li></ul><ul><li>Integrated computing </li></ul><ul><li>Verified professionals and companies </li></ul><ul><li>Real-time collaboration </li></ul><ul><li>Professional Networking – build a trusted network of partners </li></ul><ul><li>8KMiles ~ eBay + LinkedIn + more for IT and other knowledge services </li></ul><ul><li>Public Alpha in November </li></ul>What is 8KMiles?
  3. 4. Who is it for? SME Benefits No CapEx Very low hiring costs Secure outsourcing platform Real time review and feedback Benefits Work from Anywhere Work/Life Balance Choice of projects Collaboration – build virtual cos. and cross-leverage skills Individuals Small Cos Individuals Small Cos Individuals Small Cos Individuals Small Cos Individuals Small Cos Individuals Benefits Business Development No Infrastructure investment Be a project manager and maintain a virtual team Access to high-value/long-term projects Small Cos Benefits Improved utilization rates – leverage remote contractors Reduced infrastructure costs Access to verified and qualified talent IT Services Cos Individuals Individuals Individuals Individuals Individuals Individuals Service Buyer Service Provider
  4. 5. Register Features - overview Get Verified Individuals: Credentials Work Experience Businesses: Company Size Credentials Client References Professional Networking Blogs / Forums / Q&A Center / Contact Circle/Tribes Network Share, Learn & Offer / Receive Help Get Recognized / Rated by Peers Manage Profile Contracts Create & Manage Team (for Provider companies & Virtual Companies) Bids Projects Bid / Award / Win Fixed / Hourly Rate Projects Talk to & evaluate Providers / Buyers Award / Win Projects Negotiate Contracts Set up Milestones Execute / Pay / Get Paid Virtual Computing Environment Dashboard – status, messages, alerts Project Center – file repository, messaging, milestones and tasks Escrow, Invoicing & Payment 1 2 3 4 5
  5. 6. Provider Projects Tech Skills: PHP, MySQL Level - Advanced Size, Scope and Execution limited by Individual Provider’s Skills Provider 1 Projects Tech Skills: PHP, MySQL Level - Advanced Size, Scope and Execution enhanced by group’s collective skills Provider 2 Tech Skills: UX Level: Advanced Provider 3 Tech Skills: Testing Level - Intermediate + + Virtual Company <ul><li>Virtual Companies help </li></ul><ul><li>Increase visibility </li></ul><ul><li>Cross-leverage skills </li></ul><ul><li>Increase chances of winning higher value projects </li></ul><ul><li>Leading to: </li></ul><ul><li>Better work </li></ul><ul><li>Better rates </li></ul><ul><li>Consistent order pipeline </li></ul><ul><li>Skill development & progress </li></ul><ul><li>A Brand </li></ul>Virtual Companies - Overview
  6. 7. <ul><ul><li>Network organizations </li></ul></ul><ul><ul><li>Avail best talent for each project and cut down the overhead </li></ul></ul><ul><ul><li>Craftspeople working in a creative network </li></ul></ul><ul><ul><li>Valley’s Microchip industry </li></ul></ul><ul><ul><li>Assemble, Disband and Reassemble at will </li></ul></ul><ul><ul><li>“Work is more fun than fun” </li></ul></ul><ul><ul><li>1+1=11 </li></ul></ul>The Hollywood Model
  7. 8. <ul><ul><li>Respect </li></ul></ul><ul><ul><li>Recognition </li></ul></ul><ul><ul><li>Belonging </li></ul></ul><ul><ul><li>Freedom </li></ul></ul><ul><ul><li>Personal growth </li></ul></ul><ul><ul><li>Meaning </li></ul></ul><ul><ul><li>8KMiles addresses each of these needs </li></ul></ul>Six universal needs to thrive “ Connected” to people “ Connected” to work
  8. 9. Key Benefits Promote Green IT Service Buyers Reduce infrastructure investments, hiring costs and overheads Easily outsource to verified professionals Ensure security of Intellectual Property Just-in-time hiring Take industry certifications and increase marketability Work on relevant projects from anywhere, anytime Collaborate with other providers with common interests and expertise Work-Life balance and Work Freedom Service Providers
  9. 10. <ul><li>8KMiles is </li></ul><ul><ul><li>An online ecosystem of verified professionals and companies to enable cost effective and secure outsourcing of software and other knowledge services completely over the Internet </li></ul></ul><ul><li>8KMiles is an answer to issues </li></ul><ul><ul><li>like work/life balance, long commute to work, access to outsourcing services at competitive price for SME’s, lower utilization rates in IT services companies and Green IT. </li></ul></ul><ul><li>Padmanabhan Raghavan </li></ul><ul><li>8KMiles Web Services, #25, NSRCEL, IIM-B </li></ul><ul><li>E-mail: paddy<at>8kmiles<dot>com </li></ul><ul><li> </li></ul><ul><li> </li></ul>Summary