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Here’s What most of Us know


           Made $1 billion in 2 years




           Record IPO $104 billion



           ‘11 Revenue $106 million
But Here’s What most of Us Don’t know

           60% of App dev
            not breaking even on dev costs
           Top 1% of iOS game dev capture
            a third of revenue from
            gaming apps industry

           2 out of 3 commercial web apps fail
            due to technology errors
So what’s Causing all this

       Increased Dev Costs

       Poor Technical know-how,
        Market Resarch
       Bad Business/revenue models
How do we Avoid or Reduce these Risks?
9 October 2012
Executive Summary

      OMate -  Outsourcing Mates
       providing consulting, IT outsourcing
       facilitation and risk management
       services for people with
       digital dreams to help them
       realise their dream
Executive Summary




Vision
To be the #1 go-to place for digital dreamers across the world
The Model

Realising Digital Dreams
The Model

             Common Trap in Realising       Digital Dreams




                                               100 %
                   User                         Project
   Idea                          Vendor                       Product
                Requiremen                      Mgmt/
Validation       t Analysis
                                Selection                    Marketing
                                                Delivery

              20~30 %                         70~80 %        As Needed
Revenue

                            Our Services

                 User                      Project
   Idea                        Vendor                  Product
              Requiremen                   Mgmt/
Validation     t Analysis
                              Selection               Marketing
                                           Delivery




 App          BRD &           Vendor  App              App
Vision       Mock Ups          Mgmt Delivered         Launch
Expenses

             Takes   to Make



                               Cloud Based
                                 Software
Consultant       Service
 Wages          Providers

                                Office
                                Space
How are we Different?

 We are Agile


 We are Open


 We are IT & Business Consultants
The Team
    The OMate Team
                        Combined exp
                             8-9 yrs


The OMate Advisers/Mentors
                             Rev   $10s mil
                        In 2011
                         Raised     $15 mil
      Wealth & Peak
    Performance Coach
Partnerships

   Requested from suppliers we      said No
   Best Partnership   with Clients
   We provide our clients with
     Lifetime Access
      to our Consulting Services
      AND
      Fee Discount for Small Equity
       Eg 10% equity for 2 clients
Who Will Buy                 & Why


                  Our Client   Portfolio
                      Specifically the equity   owned
                       by the company

                  Our Processes &
                   Specialised Dev Networks
Action Plan

Milestones                                 Date
Systemised All                           End of Year 1
Business Processes
Have Right Advisory Board in Place                  2
5 Full time Consultants                             3
Equity in 5-6 profitable tech products
Exit                                                5
barath@omate.com.au




                                    kevin@omate.com.au




www.omate.com.au
                   9 October 2012
Sources

 Intro Statistics
   http://www.pcmag.com/article2/0,2817,2404012,00.asp
   http://www.eweek.com/c/a/Application-
     Development/Report-TwoThirds-of-Web-Sites-Have-App-
     Failures/
 Vision Image – Picasa – Mohammad Abdullah Photos
 Doc, Application, Rocket PNGs – IconArchive
 Various Images
   www.uniquebusinesstips.com
   www.Dorchestercameraclub.uk
   www.jmitchloves.wordpress.com

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OMate - 2012 Entourage Pitch

  • 1. Here’s What most of Us know  Made $1 billion in 2 years  Record IPO $104 billion  ‘11 Revenue $106 million
  • 2. But Here’s What most of Us Don’t know  60% of App dev not breaking even on dev costs  Top 1% of iOS game dev capture a third of revenue from gaming apps industry  2 out of 3 commercial web apps fail due to technology errors
  • 3. So what’s Causing all this  Increased Dev Costs  Poor Technical know-how, Market Resarch  Bad Business/revenue models
  • 4. How do we Avoid or Reduce these Risks?
  • 6. Executive Summary  OMate - Outsourcing Mates providing consulting, IT outsourcing facilitation and risk management services for people with digital dreams to help them realise their dream
  • 7. Executive Summary Vision To be the #1 go-to place for digital dreamers across the world
  • 9. The Model Common Trap in Realising Digital Dreams 100 % User Project Idea Vendor Product Requiremen Mgmt/ Validation t Analysis Selection Marketing Delivery 20~30 % 70~80 % As Needed
  • 10. Revenue Our Services User Project Idea Vendor Product Requiremen Mgmt/ Validation t Analysis Selection Marketing Delivery App BRD & Vendor App App Vision Mock Ups Mgmt Delivered Launch
  • 11. Expenses Takes to Make Cloud Based Software Consultant Service Wages Providers Office Space
  • 12. How are we Different?  We are Agile  We are Open  We are IT & Business Consultants
  • 13. The Team The OMate Team Combined exp 8-9 yrs The OMate Advisers/Mentors Rev $10s mil In 2011 Raised $15 mil Wealth & Peak Performance Coach
  • 14. Partnerships  Requested from suppliers we said No  Best Partnership with Clients  We provide our clients with  Lifetime Access to our Consulting Services AND Fee Discount for Small Equity Eg 10% equity for 2 clients
  • 15. Who Will Buy & Why  Our Client Portfolio  Specifically the equity owned by the company  Our Processes & Specialised Dev Networks
  • 16. Action Plan Milestones Date Systemised All End of Year 1 Business Processes Have Right Advisory Board in Place 2 5 Full time Consultants 3 Equity in 5-6 profitable tech products Exit 5
  • 17. barath@omate.com.au kevin@omate.com.au www.omate.com.au 9 October 2012
  • 18. Sources  Intro Statistics  http://www.pcmag.com/article2/0,2817,2404012,00.asp  http://www.eweek.com/c/a/Application- Development/Report-TwoThirds-of-Web-Sites-Have-App- Failures/  Vision Image – Picasa – Mohammad Abdullah Photos  Doc, Application, Rocket PNGs – IconArchive  Various Images  www.uniquebusinesstips.com  www.Dorchestercameraclub.uk  www.jmitchloves.wordpress.com

Hinweis der Redaktion

  1. Most people with tech ideas jump to stage 4 which is actually building the idea into a working app. This is where they spend 100% of their time and money. We believe atleast 20% to 30% of your budget should be spend on all these value adding activities before actually building the software.  
  2. Vendor Management is Key Imagine Your app as a car. Planning and designing allows you to experiment with your ideas and business model Once you’ve selected your vendor and have begun application development, your car is on the road going down the highway at 100km/h. There’s mass and momentum, you’re committed to A o
  3. Salary for consultants is our biggest expense. Subscription fee to business tools. We use 100% cloud based business tools from CRM, to accounting to project management. Consultants work from home. It is a very lean business model. Monthly expenses are only around $5k.
  4. Add MBIT melb uni logo Cullen group Profit from big commerce
  5. We had requests from suppliers but we said no as its not in client’s interest.  The best partnership is partner with the client itself. We provide lifetime access to our consulting services post release or provide discounts for a small equity. We already have 10% equity in 2 of our clients project .
  6. Change based on Bvaraths Script Who will buy this business and why? Tech investors and consulting companies because of the equity in high growth tech startups What must your business look like to achieve the highest possible multiple? Services – 10 high value consultants approx $3 mil Equity – 5-10% equity in 10 different tech startups What’s the timeline? Give breakdown – milestone at 1mile -2.5 mile, etc In five years $10 mil, generating $3mil pa ($1 mil net from services and $2 mil net from tech portfolio)