There are no definitive guides or unified structured processes to evaluate a startup business.
There are many different organisations using a wide range of models/tool/ways of measuring value and other metrics. There is a general lack of comparable data or metrics.
The project required development of a Scorecard and Milestones Tool that acts as a central tool for creating scorecards for evaluating startups at different stages and in a range of situations which then makes suggestions on how to improve the result.
The application solves these issues and delivers accurate results.
3. S3’s SOLUTION
S3 proposed that the tools would be developed within eight weeks using PHP based technology
version 5.5, Symfony and ORM framework where the application can be integrated into the Web
Centre system.
Features supported are:
The application tool acts as a centralized, authoritative repository for different
scorecards and suggestions library. This is added to and built over time.
The application tool provides an easy‐to‐use web user interface for creating scorecards,
for evaluators to evaluate startups.
The tool is supported across web browsers (I.E, Firefox, Chrome, Safari)
From different roles there is different view and access to recorded data, via other
views and reports.
The evaluator can see the description, choose the most suitable value for his/her
estimate, and evaluate the startup.
All evaluations details are saved per evaluator and per startup being evaluated.
The startup can access the system to see scorecard results, mark the suggestions
completed or irrelevant, highlight progress made, record related notes and time used
and save, create and manage own additional categories.
CUSTOMER’S BENEFITS
Reduced the development cost by at least 50% compared to other options and inhouse
development. .
The application tools are designed to be integrated to a current web managed system
and delivered low cost integration.
The application tools assist with managing the measurement and evaluation of the
system effectively which also reduces the cost of management.
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4.
TOOLS, TECHNOLOGIES, SERVICES AND PRODUCTS USED
Programming Languages
PHP 5.3
Objective‐C
Frameworks
Symfony 1.4.6
Jquery 1.4
ASIHTTPRequest
Propel (ORM framework)
XLIFF
RDBMS
MySQL 5.1
SQLlite
Operating System
Linux
MAC OS X
iOS 4
Tool
Sandbox
FlySpray
IDE (Zend Studio, Xcode)
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