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Business, Success

THE UK DEPARTMENT FOR INTERNATIONAL TRADE’S

GLOBAL ENTREPRENEUR PROGRAMME

ACCEPTS STATBOARD LTD.

 

The increasing demand for data analytics and actionable metrics by enterprises globally is a key factor in driving the growth of the global business intelligence market. There are many enterprise BI products that are used by a single company. What sets STATBOARD apart is that it is designed as an inter-organizational BI tool that enables data and performance comparisons between multiple organizations.That is why STATBOARD has been accepted to the Department for International Trade’s Global Entrepreneur Programme (GEP).

 

The GEP is a UK Department of International Trade initiative that seeks to enable technology entrepreneurs from all over the world to globalize their business from a UK strategic hub. They give early-stage companies, like STATBOARD, the tools they need to grow and succeed in global markets and have developed a highly innovative business model that helps early-stage companies to scale internationally. It does this by harnessing the insight, networks and experience of its team of internationally successful entrepreneurs, known as “dealmakers”, to identify and accelerate the world’s best early-stage technology businesses.

 

The GEP’s dynamic team of dealmakers has helped more than 350 entrepreneurs and early-stage technology companies to establish a global HQ, in the UK. They have achieved this by:

  • harnessing the insight and networks of their own team of internationally successful entrepreneurs
  • leveraging these networks to help accelerate their client businesses realize the potential of their innovative ideas
  • identifying world class IP and enabling client companies to access industry talent and expertise
  • raising investment capital – with over US $550 million raised so far

 

“The GEP is instrumental in bringing together networks that bring UK innovation to the forefront. By working with investors and entrepreneurs, the Dealmaker team has attracted stellar entrepreneurs that have created new technologies which has led to new markets.” Heidi Roizen, Silicon Valley-based Venture Partner at DFJ, experienced entrepreneur and lecturer at Stanford University STATBOARD’s GEP Dealmaker is Sheetal Mehta Walsh.

 

She has over 18 years of experience in technology, venture capital and social enterprise, and has served as a Dealmaker to the Global Entrepreneur Programme since 2006 in London and is now based in San Francisco. Sheetal has worked with over 250 Start-ups and now is advisor and investor to a select few, helping them expand globally and often enhancing their social impact.

 

STATBOARD LTD joins the ranks of other GEP companies such as: Think Positive-Australia, SOMA Analytics-Germany, CrowdEmotion-Canada, Carbon Clean Solutions-India, jobandtalent-Spain, Nutmeg-United States and 2-B Energy-Netherlands.

 

STATBOARD is targeting three UK markets where an inter-organizational BI product has the most value:

  • Industry Associations
  • Franchise Companies
  • Government Organizations

 

Ian Bertram, Managing Vice President at Gartner indicated in a 2016 study that “The shift to the modern BI and analytics platform has now reached a tipping point….and….Organizations must transition to easy-to-use, fast and agile modern BI platforms to create business value from deeper insights into diverse data sources.”

 

The STATBOARD LTD portal is aligned with this view as it:

  • Creates a common set of analytics, metrics and dashboards for our target segments so they can track performance with current, actionable and meaningful data
  • Assists client staff transition to STATBOARD’s easy-to- use, fast and agile self-service BI platform
  • Enables inter-company data analytic comparisons to enable the exchange and development of best practice solutions which can create business value from deeper insights

 

STATBOARD is looking forward to working with the GEP and its network and other member companies to be a successful part of the UK Department for International Trade’s Global Entrepreneur Programme.

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Business, Success

The North American School Transportation Industry:

-Has over 14,000 Districts across the US and Canada
-Transports over 25,000,000 Students Daily
-480,000 Buses are Utilized Daily
-It is Multi-Functional: Finance, Operations, Fleet Management, Maintenance, Fuel Management, Safety Management, Driver Recruitment, Training and Retention, Routing and Community Relations.

-It is Safety Intensive
-Multiple Technologies are Utilized: Routing Software, Camera Systems, GPS System, Vehicle Inspection Systems, Maintenance Work Order Systems
-Regulated Differently In Each State: There are Variances in Driver Qualifications and Testing, Safety Elements, Bus Specifications and Procurement, Vehicle Inspections and Overall Funding Method.
-Highly Variable District Size: From Districts with 10 Buses to Districts with 1000’s of Buses.
-No Standard Industry Performance Metrics and Common Definitions
-Over 750 Possible Performance Metrics

 

For this extensive and diverse industry there is ONE INDUSTRY ASSOCIATION:

THE NATIONAL ASSOCIATION OF PUPIL TRANSPORTATION (NAPT)
 
To service this large, fragmented and complex industry, the NAPT has a vision of creating a business intelligence platform that would provide its industry with a common set of metrics
and a standard process for analyzing data and presenting actionable information to school administrations and school boards to expedite more informed school transportation business decisions. In addition, the NAPT wanted to empower school districts to improve their operation by being able to share performance data with each other and work together to develop and implement best practices.
 
“Have No Small Dreams, Make No Small Plans.” Daniel Burnham, Chicago Architect and Urban Designer who developed the master plan for Chicago after the Great Fire of 1871.
 
The above quote would certainly apply to NAPT’s vision, strategy and plan for the school transportation industry. To fulfill the vision the NAPT developed a plan:
 
Build the foundation and infrastructure: Have a Group of 3 School districts act as advanced engineering centers, have a 3 NAPT Board Members act as a Product Advisory Group, create a 17 District Beta Test Group and build a collaborative partnership with the Design and Development Team from STATBOARD.
 
Agree on the Product Strategy: A key decision was made to launch the product in modules over time. An analogy to LEGOS was used. The BI Platform would have a limited set of metrics to start so people could learn how to use the system; like a young person with their first LEGO kit. Once you learn how the BI PORTAL operates, additional metrics in functional modules would be added like additional LEGO kits.
 
Agree on Product Specifications: The STATBOARD base platform allowed the rapid development of the following functions: Fully Searchable District Profiles, Dashboard and Data Analytics Capability; District to District Data Comparisons; Instant Messaging; Networking and Community Building; Online Collaboration/Project Center; Metric, Currency and Language Conversion and Report Generation, all accessible through a single online BI PORTAL.
 
Agree on the commercial model: A subscription model was chosen and it was to be affordable to all districts. It costs less than a set of tires for a single school bus.
 
Get it done: From WIREFRAMES to INITIAL PRODUCT LAUNCH took 6 months.
 
Brand it: The NAPT has branded the BI PORTAL: APOLLO Essential
 
Follow the plan: When complete there will be 170 metrics with supporting dashboards. The staged product launch is as follows:
 
NOVEMBER 2017: APOLLO ESSENTIAL: Starter Kit with 40 High Level Metrics:
Q1-2017: SAFETY MODULE: Set of 20 Metrics
 
Q1- 2017: FLEET MODULE: Set of 30 Metrics
 
Q2-2017: MAINTENANCE MODULE: Set of 30 Metrics
 
Q2-2017OPERATIONS MODULE: Set of 30 Metrics
 
Q3-2017FINANCE MODULE: Set of 20 Metrics
 
“If you build it………….” The Voice, FIELD OF DREAMS, 1989
“They will definitely come.” Terrance Mann, Character, FIELD OF DREAMS, 1989

 
And they have. Within 8 weeks of launch, the NAPT has a sales pipeline of over 1000 school districts from the US, Canada and Saudi Arabia who have indicated their interest in subscribing to the APOLLO BI PORTAL.
 
The NAPT Vision Is Being Achieved And The School Transportation Industry Is Now Rolling With Business Intelligence.

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