4. Previously, Director of Business Development with Huddle (a highly successful UK B2B SaaS product); instrumental in signing strategic partners such as HP, Intercall, Orange and LinkedIn
5.
6. Experienced managing a variety of team sizes to deliver products to market, iteratively developing business models and creating revenue channels to complement them
20. Idea management for the 21st Century - the I’d suggest service is designed to give innovative companies a competitive edge. Our easy to use and highly scalable service facilitates innovation within a company, gives every employee a voice and platform to share ideas, and is a rich data source to track benefits, reward talent and measure outputs5
26. Specialist focus (vs. generalist): not a module within a product set, focus on core-competency
27. Simple GUI – focus on user experience and fit for purpose functionality
28.
29. Webcast is competitive product within the suite, but is expensive (c. £6k per webstorm i.e. Idea per 500 employees) and targeted at enterprise only
39. Require build time and cost, maintenance and ownership Internal Systems (e.g. Wikis)
40. I’d suggest USPs I’d suggest provides company wide concept analysis frameworks ensuring a consistent level of due diligence is carried out on all new projects I’d suggest has a simple, user friendly interface: no training required I’d suggest provides a service where employee voice is heard through noise - identifying talent, so companies can recognise, reward and retain talent – with up to £5k tax relief for employee suggestions I’d suggest’s unique system recognises expert opinion and key decision makers within organisations, with no need for manual identification I’d suggest can be deployed immediately and scale across the business, no build costs, no maintenance costs, just simple, low cost license structure – it grows as you grow, users add themselves and the management hierarchy builds itself I’d suggest’s flexible system can be customised and integrated with other services via an open API 8
60. Having established the upfront idea capture businesses will then want to probe further into key ideas
61. The Suggestion Suite goes well beyond the idea capture functionality with a suite of tools to help ensure that the right ideas for a given business are identified, thoroughly analysed by the right people within the organisation and accredited to the originator(s)
62. Only a small % (c. 2-4%) of ideas will pass through the filter to become projects
69. Advanced supportX X Output 20 projects annually with value to the business with tangible ROI Input 650 project ideas in a company of 1,000 people 11
70. Serviceable Available Market There are 33,000 Medium-sized and Large enterprises in the UK which account for: over 50% of UK employment Over 64% of UK private sector turnover Within these enterprises we have identified 14 industries with high demand for innovation management software According to the Office for National Statistics these 14 industries amount to 60% of the total UK market This represents approximately 19,800 approachable companies and 7.2 million employees At £2 per seat this values our Serviceable Available Market at £172.8m per year Capture of 1530 companies (by year 5) would conservatively return annual revenue value of £6.1m (£4.3m profit) and represent 3.5% of the UK market 12
71. Summary 13 The Team A dynamic, passionate and proven team with a clear track record of success in SaaS B2B ventures, who are capable of delivering on the vision & realising the company’s potential The Product End-user centric, cost effective solution that addresses the core needs of businesses for employee idea capture and management in a highly scalable and effective way The Strategy Clear launch and business development strategy – multiple acquisition channels, recurring revenue streams and significant up-sell opportunities There is a massive market that is relatively untapped within this space – existing solutions are not sophisticated or are poorly implemented, competitive solutions are expensive and typically are generalist tools Opportunity
72. Contact Information 14 Simon Hill – Managing Director simon@idsuggest.com +44 (0) 781 511 9748 James King – Product Development Director james@idsuggest.com +44 (0) 779 398 8228
![Background ,[object Object],Employees’ good ideas will help businesses grow Recognising and retaining people who create and identify opportunities gives a competitive advantage Employees want to know that their voice is heard ,[object Object],Time is wasted on ideas that never come to fruition Long lead time (often open ended) between idea and implementation…..even a good idea has no value until implemented Tracking ideas’ origin is rarely definitive Tracking the managers that identify potential is of equal importance and difficulty Employees can be discouraged from putting ideas forward Existing solutions are convoluted and expensive ,[object Object],Simple input Centralised system Quick, clear, relevant feedback Decision tracking Clear and customisable analysis Harness the innovation power of your employees Tied to reward and recognition 2](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)