Case History #10 - Strategic alliance with an industry leader
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Company Type:
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Small, fast
growth Israeli network management company. |
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Company Profile:
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Engineering and European marketing
effort directed from Israel. Small support group based in U.S. Company
focuses on adding value to industry standard, network management technology. |
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Technology MarketForce Tasks:
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After 2 years of initial product development,
and 4 years in the U.S. marketplace, company has no strategic relationships.
This company became a Technology MatchMaker Program "partner".
TMF worked with the company to identify key partners with the intent
of technology licensing and product resale opportunities. |
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Methodology Highlights:
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TMF created a Technology MatchMaker
Partner profile and distributed via fax/email to approximately 1,000
Presidents/Vice Presidents of qualified networking companies. TMF
also posted the company's information, in detail, on their Web site
at www.tmf.com. From this broad approach TMF, in conjunction with
the Client, identified an "A" list of most desired relationships. |
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Key Results:
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After less than 9 months, the company
established a relationship with one of the biggest networking companies
in the world, with 3 other "deals" at advanced stages. One
of these includes a significant amount of customized engineering that
the company will retain intellectual property rights to and is directly
in line with their strategic development direction. Two years later,
the company was acquired by the same company that it formed it's initial
MatchMaker relationship with. |
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Main Benefits of Technology MarketForce
Involvement:
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By having the small U.S.
subsidiary try to perform this work in addition to end-user sales,
the company lacked size and presence credibility. By TMF representing
the International Corporation as a whole, and dealing directly with
its President as well as U.S. support people, TMF was able to quickly
attract attention of key decision makers. TMF used its industry knowlege
and wide contact base to communicate the opportunity personally to
key prospects. This work was done mostly on "back-end" compensation,
in keeping with TMF's philosophy of sharing the risk and reward with
its Clients. |