Product Discovery Services - TechBoost Program
Shape your ideas into reality in just four weeks with our proven TechBoost Program
TechBoost your business
Simplifying the path to product discovery
With our product discovery workshop, we bridge the gap between business and tech to provide your enterprise with the means to stand out in the highly competitive digital landscape. With a team fortified by MBAs and CPAs, we combine deep business insights with technological expertise through our TechBoost Program.
Product discovery becomes more than just a process; it's a holistic approach to fusing business strategy with tech solutions, ensuring that every innovation is not only feasible but strategically positioned for success.
Product discovery services tailored to your business needs
Market research and analysis
We conduct a comprehensive analysis of current market trends and industry dynamics, identifying opportunities to innovate and stay ahead. This ensures your new product is perfectly aligned with product discovery platforms and market demands so that it’s poised for success.We identify actionable gaps and opportunities by evaluating your competitors' strategies, products, and market positioning. This insight directs our strategy, ensuring your product not only competes but leads in its category.User research and persona development
Through targeted interviews and surveys, we delve deep into user needs, preferences, and challenges. This direct feedback informs the development process, ensuring your product resonates well with its intended audience.We develop detailed user personas representing your target market segments.This approach ensures that product features and user experiences are finely tuned to meet the specific needs and expectations of your users.Idea validation and concept testing
Our facilitated product discovery workshops are designed to refine and validate your product ideas,ensuring they are robust and innovative. This collaborative process helps in crafting a concept that truly meets business objectives.We create early prototypes and conduct rigorous usability tests. This validates the concept and provides crucial feedback that shapes the final design, enhancing user satisfaction and product usability.Risk assessment and mitigation
We assess the technical feasibility of each proposed solution, ensuring that what we envision can be successfully developed and implemented within your business framework.Identifying potential risks early, we develop strategic mitigation plans. This proactive approach secures your project against foreseeable challenges, safeguarding your investment and business interests.Business analysis and strategy development
We explore various revenue models and business strategies to ensure the sustainability and growth of your product in the market. This strategic foresight is crucial for long-term success.We define the scope and prioritize features, creating a detailed roadmap for development. This planning ensures that every phase of the project aligns with your overarching business goals.Stakeholder engagement and collaboration
We gather essential insights into their expectations and requirements by engaging with key stakeholders. This alignment is crucial for the seamless integration of the new product into your business ecosystem.Our software product discovery workshops bring stakeholders together to align on the project vision and goals. This collaboration is key to ensuring that the product not only meets but exceeds business objectives.
Benefits of TechBoost Program for product discovery
Risk reduction
Implementing a robust product discovery process can reduce the risk of product failure by up to 70%. Companies committed to thorough product discovery are significantly more likely to develop products that resonate with market demands and exceed customer expectations.Cost savings
Our TechBoost Program provides the product discovery tools to assist in your success. By pinpointing and prioritizing essential features early, we can yield cost reductions of 20-30% in development expenses. This strategy prevents unnecessary work, optimizing development budgets.Time-to-market improvement
By leveraging product discovery techniques, companies can accelerate their time-to-market by 30-50%, seizing market opportunities swiftly and effectively. This faster market entry can be a critical advantage in dynamic industries.Customer satisfaction
Products crafted through detailed discovery processes experience a 25-40% increase in customer satisfaction rates. This enhanced satisfaction boosts customer retention and loyalty, essential metrics for long-term success.Revenue growth
Organizations that integrate product discovery into their development process see an average revenue increase of 10-15%. This growth stems from improved product-market fit and enhanced customer adoption.Resource allocation
Product discovery aids in more efficient resource allocation, improving resource utilization by up to 40% within product development teams. This optimization ensures that every asset is maximally impactful.Stakeholder alignment
Adopting product discovery processes reduces internal conflicts and misalignments by 50%, promoting smoother and more efficient development cycles.User engagement
Thorough product discovery results in a 20-30% boost in user engagement metrics, indicating a more substantial alignment with user needs and preferences—critical factors in a product’s market success.Competitive advantage
A striking 80% of companies that consistently utilize product discovery techniques report a significant competitive edge in their markets, underscoring the strategic value of this approach.
Innovate faster and increase your business agility
Our product discovery methods facilitate a 35% increase in successful innovation initiatives, empowering companies to identify better and validate groundbreaking product ideas.
Our TechBoost process
Our product discovery software is customized to fit the unique requirements of your business. We’ve refined our TechBoost Program over 20 years to simplify the conceptualization process so that you leverage cutting-edge technology to support your business growth.
Introduction call
Duration
Attendees
Initiate engagement, introduce HyperSense’s core values and methodologies, and gather initial insights into your business landscape.
Objective
Establish a mutual understanding of the process and outline the next steps.
Outcome
Business overview, evaluation of project stage, assessment of technology constraints, and initial scope definition.
Focus Areas
Initial understanding and context setting
Duration
Attendees
Objective
Focus Areas
Outcome
Research and concept development
Conduct thorough research and develop key personas, focusing on high-level features and initial conceptualization.
Objective
A detailed concept for the primary user journey, overview of high-level features, and clear identification of target user groups.
Outcome
Concept and research refinement
Duration
Attendees
Objective
Focus Areas
Outcome
High-level solution and initial estimate
Duration
Attendees
Provide an initial estimate and present a comprehensive solution that integrates all feedback.
Objective
An overview of high-level features, the definition of Epics and User Stories for key scenarios, and a finalized high-fidelity concept.
Outcome
Detailed UX estimation, preliminary development forecast, and presentation of the refined strategic solution.
Focus Areas
Top-tier startups and enterprises trust our business-aligned, strategic product discovery process
Case studies
Finance & fintech
Tinka - Boosting business growth through mobile innovation
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Challenge
Working hand-in-hand with Tinka, HyperSense employed industry-leading mobile app development strategies to construct a versatile, user-centric app. Our focus was on creating a seamless interface for flexible payment options and elevated financial experiences.Solution
Partnering closely with Tinka, we developed a versatile, user-centric mobile app focusing on a seamless interface that included flexible payment options for an improved financial experience.Outcome
The app quickly became a pillar of Tinka’s digital strategy, with over 1,000 daily active users and over 50,000 monthly active users. High ratings on app stores (4.8 on the App Store, 5.0 on Google Play) led to significant increases in revenue, user retention, market presence, and brand recognition.Chemical transport
Trusted Carrier - Digital transformation in chemical transportation
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Challenge
Trusted Carrier needed a comprehensive mobile and web ecosystem to meet the needs of various stakeholders and comply with stringent industry standards.Solution
Using Agile-Scrum methodologies, our team built a scalable, secure platform incorporating Node.js, Loopback, MySQL, AWS, Angular, and Flutter. The solution included advanced features like kiosk modes and seamless ERP integrations.Outcome
The app improved operational efficiency across the board and introduced new features that exceeded industry standards, laying the groundwork for future scalability and product development.Location & tracking
LBS EdgeSuite - Innovating R&D for real-time mobile location tracking
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Challenge
KORE required precise location tracking for critical applications, from medical transports to school buses, with minimal battery drain.Solution
We harnessed our R&D capabilities to develop an energy-efficient mobile location-tracking system that offers real-time data with customizable features, such as variable work schedules and multi-language support.Outcome
The LBS EdgeSuite app enhanced operational efficiencies and safety, featuring a critical panic mode while consuming less than 1% of battery per hour during background operation. This success has reinforced our partnership with KORE and established our leadership in R&D for mobile technologies.
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Deliverables of the TechBoost Program
Strategic roadmap
Our TechBoost Program culminates in a strategic roadmap that tightly aligns your business objectives with the optimal technological solutions. This essential document provides a high-level perspective on prioritized features, implementation timelines, and potential opportunities, offering your project a clear direction and strategic focus.High-fidelity design concept
We provide a high-fidelity design concept that visually encapsulates the envisioned solution. This design meticulously illustrates the principal features and user interactions, facilitating a comprehensive and tangible understanding of the proposed solution's aesthetics and functionality.Interactive prototype
An integral part of our deliverables, the interactive prototype allows you to explore and interact with the high-fidelity concept of your project. This product discovery tool is crucial for visualizing the user experience and interface before full-scale development begins, enabling iterative feedback and refinements based on real user interactions.Validated feature set
In collaboration with your stakeholders, we refine and validate the initial feature set to ensure each element is user-centric and strategically aligned with your business goals. This process guarantees the development of a solution that truly engages end-users and fulfills business objectives.Development estimates
Our TechBoost Program provides preliminary estimates for development timelines and costs, empowering your team with the necessary insights for informed decision-making and effective project planning. These estimates outline the resources and time required to transform your vision into reality.Personalized action plan
We develop a personalized action plan that outlines adaptable steps and strategies to advance your project. This plan serves as a roadmap, helping navigate the project's progression and efficiently adapt to changing needs and market conditions.Integration strategy
We devise a detailed integration strategy that specifies how the new product discovery software will interface with your existing systems. This strategy ensures seamless interoperability and minimizes friction during implementation, facilitating a smoother transition and operational continuity.Monetization strategy
Our team assists in formulating a robust monetization strategy, exploring viable revenue models and streams to ensure the financial success and sustainability of your software solution. This strategy is tailored to maximize profitability while aligning with your overall business model.
Why choose HyperSense Software for product discovery
A discovery process refined in 20+ years
Trusted since 2003, HyperSense Software has been refining our product discovery processes for over two decades. Our long-standing experience has allowed us to optimize every aspect of our methodology, ensuring efficient and effective results for businesses of all sizes.Proven expertise and certification
HyperSense Software is an ISO 9001:2015 and ISO/IEC 27001:2018 certified company, ensuring that our processes meet the highest international standards for quality management and information security. These certifications reflect our commitment to delivering superior quality and secure solutions to our clients.Cross-industry and business experience
Our team comprises highly qualified MBAs, CPAs, and even MDs, allowing us to blend profound business insights with cutting-edge technological expertise. This unique combination enables us to understand and address complex business challenges effectively, ensuring that our software product discovery services are innovative and strategically aligned with your business objectives.Strategic U.S. presence
With an established office in Chicago and a global team at the ready, we are strategically positioned to collaborate closely with our clients across the United States. This presence enhances our ability to provide immediate, localized support and foster stronger client relationships.
FAQs
How long does the TechBoost Program typically take?
Our process is streamlined to take between 2 to 4 weeks. This expedited timeline allows us to quickly and effectively align the discovery outcomes with your strategic business goals.What is the typical cost of TechBoost Program services?
The cost of our TechBoost Program services is tailored based on the specifics of each project, considering factors such as the scope of the project and the resources required. We work closely with our clients to define a scope that aligns with their budget and business objectives.Is industry-specific experience necessary for product discovery service providers?
While industry-specific knowledge can enhance the process, it is not always essential. Our team boasts extensive software product discovery service experience across a broad range of industries, including FinTech, HealthTech, Supply Chain, EdTech, IoT, AI, and more. This cross-industry expertise, combined with our robust discovery techniques and methodologies, allows us to deliver exceptional results that are effectively tailored to any industry's unique challenges and opportunities.What are the tangible outcomes of product discovery?
The key deliverables from our product discovery process include a strategic roadmap, a high-fidelity design concept, an interactive prototype, a validated feature set, development estimates, a personalized action plan, an integration strategy, and a monetization strategy. These outcomes ensure a comprehensive understanding and preparation for the next steps in product development.When is the TechBoost Program product discovery most beneficial?
Product discovery is crucial when developing new products, addressing significant upgrades to existing products, or navigating complex markets with many unknowns. It's also vital for validating ideas and aligning product development with real user needs and business goals.How can product discovery help mitigate risks?
Our product discovery process helps mitigate risks by validating product ideas against actual user needs and market requirements, identifying and addressing potential issues early on, optimizing resource allocation, and ensuring that every aspect of the product is strategically aligned with your business objectives.What are some key steps in the TechBoost Program?
Our product discovery process includes an initial introduction call, followed by phases of understanding and context setting, research and concept development, research and concept refinement, and concluding with a high-level solution presentation and initial estimate. Each phase is designed to build upon the last, ensuring a thorough and effective discovery process.
Accelerate your product definition process with HyperSense to gain a competitive edge
Contact us and get your project moving
Describe your needs to us and we'll work together to craft the perfect software solution. Tell us your timeframes, your targets or KPIs, and any critical challenges or difficulties. You're at the right place — our team is eager to study and prioritize next steps together with you.
