[500 STARTUPS DEMO DAY 2015] BATCH 13, CrowdPlat

TL;DR

Crowd Plat is a platform disrupting the $250 billion IT Outsourcing Market by providing verified freelance project teams for Enterprise customers, aiming to capture a significant market share.

Transcript

where would you go to find a freelance developer Elance maybe how about finding five freelance Developers for an Enterprise project how about finding 50 Freelancers for multiple Enterprise IT projects now there is crowd plat for the Enterprise customer to find verified freelance project teams so far we piloted our product with several Enterprise cu... Read More

Key Insights

• 🎯 Crowd Plat targets the Enterprise customer segment, offering a platform to outsource projects through freelancers.
• 📽️ Verified project managers in the US play a crucial role in ensuring trust and effective management of freelance project teams.
• 🧑‍✈️ The company has successfully generated substantial revenue during its pilot phase, with significant growth potential.
• 🛄 Crowd Plat aims to disrupt the crowded IT Outsourcing Market by providing a unique solution for Enterprise customers.
• 💦 Freelance work is the next big revolution, changing the way work is done in the IT Outsourcing industry.
• 😌 The platform's success lies in its ability to provide a trusted and competitive environment for project managers and freelancers.
• 🥅 Crowd Plat's revenue goals and profit margin indicate the company's confident growth prospects in the market.

Questions & Answers

Q: How is Crowd Plat different from platforms like Elance and Accenture?

Crowd Plat is specifically designed for the Enterprise customer to outsource projects through a freelancing platform, unlike Elance (meant for startups and small businesses) or Accenture (meant for strategic engagements). It provides a project manager in the US to oversee and manage freelancers globally, ensuring trust and effective project delivery.

Q: How does Crowd Plat verify its project managers?

Crowd Plat verifies each project manager on its platform, allowing them to compete for Enterprise project work. The best project manager is selected to manage the entire project, bringing the necessary trust for Enterprises to outsource work to freelancers.

Q: How much revenue has Crowd Plat generated so far?

Crowd Plat has made over $150,000 in topline revenue during its pilot phase. With its complete launch, the company aims to hit $1 million in revenue in a short period of time, targeting a 20% profit margin.

Q: How is Crowd Plat disrupting the IT Outsourcing Market?

Crowd Plat is disrupting the $250 billion IT Outsourcing Market, which is often crowded by Indian body shops. Its unique approach of providing verified project managers and freelancers on a platform brings trust and reliability for Enterprises to outsource or give away work to freelancers.

Summary & Key Takeaways

• Crowd Plat is a platform designed for Enterprise customers to find and hire verified freelance project teams for IT projects.

• The company has successfully piloted its product with several Enterprise customers, generating over $150,000 in topline revenue.

• Crowd Plat aims to disrupt the crowded IT Outsourcing Market by providing a unique solution that includes a US-based project manager to ensure trust and effective management of freelancers.