Case Study: PrimaryBid achieves faster team ramp-up and 60% budget savings with Teravision Technologies

PrimaryBid cuts onboarding time by 9 weeks with Teravision Technologies

PrimaryBid, a technology platform providing fair access to public capital raises for everyday investors, faced a challenge executing its go-to-market plan due to a lack of in-house capability, high costs, and resource turnover. They needed help to effectively manage their budget and quickly start multiple approved projects, which led them to partner with Teravision Technologies for nearshore software development services.

Teravision Technologies provided a dedicated development team and staff augmentation, offering immediate access to benched engineers and significant budget flexibility. The solution delivered a 50% time saving on requirement definitions and saved nine weeks on initial team onboarding. By hiring through Teravision in Latin America, PrimaryBid saved 60% on its budget compared to hiring an in-house team in London, and grew its team from 7 to 14 resources with an average ramp-up time of just two days.

PrimaryBid