Could you tell us how your association with
Lifetree Convergence started? Why and how did
you decide on a product business, given that there
were not many Indian examples to learn from?
"Billing is a big pain point for telcos. So, we acquired a boutique player with a billing solution and jumpstarted the journey.”
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Could you please elaborate on the Lifetree journey, giving some examples of successes as well as challenges.
A significant deal marked our entry into Africa where we replaced the incumbent vendor. To get the deal, we went through the whole drill. The client made a site visit. We had to give financial and performance guarantees; and rather than shy away from it, we took the risk, betting on ourselves and went ahead. The client was impressed with our agility and flexibility and awarded us the work. Since then, we have built on this break and gone on to stitch together relationships with other leading groups like the MTN, for instance."I would like to emphasize that it is our attitude towards the customer – responsiveness, finding a swift solution when something does not go as planned and paying personalized attention – that has taken us this far."
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Here, I would like to emphasize that it is our attitude towards the customer – being responsive and finding a swift solution when something does not go as planned and paying personalized attention – that has taken us this far. I have personally managed the MTN relationship since the time we got our first break when we implemented a rather modest proposition.
The key motivation was building scale in quick time. Tecnomen was the ideal partner with a presence in markets that were important for Lifetree. Tecnomen was also excited about Lifetree’s portfolio of offerings and this paved the way for the emergence of Tecnotree.
Please describe the transition from Lifetree to Tecnotree as a brand. How do customers now perceive the company? What kind of impact has it had on the employees?
In all honesty, the implications are still sinking in.
There are a fair number of nuances to be dealt with
in a cross-border merger such as this and we are addressing a multitude of issues which we have
carefully thought through. That said, we are clear that
the agility and customer-centricity that brought us this
far will continue to remain at the core of our values.
Customers of Lifetree and Tecnomen are happy
with the broader value proposition that comes with
Tecnotree. Employees are delighted to be part of a
company which opens up more opportunities.
"Customers of Lifetree and Tecnomen are happy with the broader value proposition that comes with Tecnotree. Employees are delighted to be part of a company which opens up more opportunities."
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What is the road ahead for Tecnotree? Where do you see Tecnotree, say five years from now?
My dream is to see Tecnotree on the top of Gartner’s magic quadrant in the BSS/OSS space.
What is your advice to young companies that are taking the product route and/or companies that are evaluating scaling their business?
I have four pointers; first, build something that requires strong domain capabilities. That will help you differentiate. You must be able to take calculated risks. Focus on marketing from the beginning and practice financial discipline.