Mergers and acquisitions bring economies of scale that aren’t always possible through organic growth.
This also goes for areas like new product development and R&D, where an organic strategy can rarely match the speed or scale provided by M&A.
‘one plus one does not always end up equaling three’: the expected value that comes from two or more companies working together in tandem to make something far more powerful.
Suddenly you have 3, 5 or more products in your portfolio with customers still contracted and paying for acquired products for years to come. You cannot end of life the legacy products immediately. You have developers and support staff loyal to one product or another.
Signs have emerged of headwinds for corporate profitability in coming months and into next year.
You might look at synergies and a business decision to keep products separate or move forward with one. If one, who works on it and who doesn’t. Will you lose your best talent if you don’t move them to the new product and keep them on legacy application support? Will you lose your most knowledgeable talent if you move other teams over to the new product?
Will your customers suffer as a result of your decision?
TresAlly can solve this problem for you.
As part of our value proposition, we provide highly skilled, affordable development resources who will partner with your development teams to maintain and support your legacy application development.
This will enable you to focus your developers on the latest and greatest innovation, retain them, and in return, provide greater value to your customers.
Ultimately resulting in happier customers and higher customer retention rates.
Contact us to secure your resources today!