The pace of technology shortens the life cycle of products. But customers who have invested in products that are reaching maturity still expect those products to deliver new features and a rich, data-driven experience. To meet those expectations, drive added revenue and retain your customers, you need to work with a proven product sustenance partner.
Mature product challenges
Mindtree helps organizations open the door to new mature product opportunities by addressing three key challenges.
- Retain customers
By researching competing products and using predictive analytics to identify user needs and plans to abandon a product, Mindtree can create a proactive plan to retain customers.
- Reduce TCO, improve margins and satisfaction
Mindtree helps companies reduce total cost of ownership (TCO) and boost revenues by right-sizing the team, right-shoring the resources, and right-shaping products to reduce expenditures. We also offer profit- and revenue-sharing incentives.
- Find a partner with proven experience
From devising a project execution strategy to planning, forecasting, and tracking events to providing metrics and delivering customer satisfaction, Mindtree has the experience and platform for end-to-end product sustenance.
Mindtree sustenance solutions success stories – a snapshot
See how Mindtree helped two organizations revitalize their mature products, drive added revenue and improve customer retention.
Security solutions leader boosts mature product revenue 100 percent
When a company decided to extend the life of its aging security solution, Mindtree helped the company switch to Agile development, which quadrupled the speed of feature releases, and it implemented continuous testing and rigid validation programs. As a result, product revenue grew 100 percent in five years, subscriptions increased and Mindtree handled the transformation with no engineering cost to the client.
Network equipment manufacturer develops next-generation products
To help a network equipment manufacturer overcome cloud market shifts, Mindtree developed and tested new products built on software-defined everything (SDX) principles, filed patents and drove ecosystem readiness with the company’s cloud service providers. The revenue-sharing model enabled data center switches and compute to grow faster while retaining and growing the company’s market share in data center hardware.
Mindtree’s innovation-led approach drives seamless delivery
A leader in product sustenance innovation, Mindtree has a proven approach to extend the life of products, retain current customers, acquire new ones and rejuvenate your brand.
Product ownership of a non-core product for a fortune 500 computer security enterprise
The customer is a leading provider of computer security and data protection software with a large consumer base. Faced with a situation where a non-core product had to be managed and grown, an end-to-end solution offering was required. The revenue contribution was not signiﬁcant compared to the suite solution required. Mindtree’s integrated suiteRead More