Expert, thorough, and practical Technical Diligence covering Product, Architecture, Deployment, IT, Process, Team, Security, and AI – Delivered quickly and at a reasonable cost.
What is Technical Due Diligence?
Technical Due Diligence is a critical aspect of any business transaction involving technology, such as acquisitions, investments, or partnerships. It is an in-depth assessment of the target company’s technology strategy, assets, systems, security, and processes to identify potential risks, weaknesses, and opportunities.
TechCXO Technical Due Diligence Services
TechCXO specializes in Technology Due Diligence services, ensuring investors and acquiring companies have a clear understanding of any technology and security risks. Our comprehensive assessments give acquiring companies confidence that their investment is secure, scalable, and feature-rich, without requiring significant short-term investment for critical improvements. TechCXO offers a flexible “menu” of Tech Due Diligence components, tailored to the specific needs of each deal, ranging from quick, high-level assessments to detailed, in-depth evaluations.
Is the product complete? Is the roadmap clear, and are the product development processes sound? Does the go-to-market strategy make sense?
Our Approach
What to Expect
A partner with deep expertise in technology leadership working with early to mid-stage companies. Our Partners have been involved in many transactions, both from the sell-side and buy-side, and we understand what is important in these deals. We also have a strong bench of subject matter experts in architecture, security, AI, data, and development methodology.
A provider who has the capacity to take on new projects with minimal notice, be able to get started within days, and deliver within 2-3 weeks for most situations. In addition, you should be able to bring multiple deals to the table concurrently and expect that they can be effectively worked in parallel.
A partner with the perspective and wisdom to understand what is truly needed and how to get that without putting unnecessary stress on the company being evaluated. This process should be approached from a business perspective and not just about uncovering every possible technical issue that exists just to show that they can.
An actionable report is essential. What are the things that truly impact the business and potentially the transaction, presented in a clear, easy-to-understand manner? Also, each issue raised should be accompanied by a practical recommendation on how to remediate it.
Identifying the risks is important; however, ongoing fractional support to help you do something about those risks is a major differentiator. You should expect that all the effort that went into identifying the important issues was not wasted and that those same resources can leverage what they learned during the assessment to step in to remediate those issues efficiently.
TechCXO Partner and Tech Diligence expert Greg Smith speaks about the 7 tips for Effective Tech Diligence as a guest speaker at Silicon Y’All 2023 in Birmingham.
Why Technical Due Diligence?
60%
Critical Risks Identified Pre-close
Studies have found that 60% of deal failures were due to poor due diligence, highlighting the importance of identifying critical issues early. De-risk the deal by surfacing deal-impacting product & technology risks before the close.
$2.5m
Critical Security Issues are Deal-Killers
The average cost of a data breach for companies with annual revenues under $100 million is around $2.5m. Thorough security diligence can preemptively reveal the process and operational gaps that might lead to these breaches.
40%
Optimized Product Development Process
Companies with well-defined software development processes can improve their development productivity by 30-40%. The findings and recommendations from effective product and technology diligence become the foundation of a thriving product development organization.
Our Team
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Questions?
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