We are excited to announce another remarkable UK Start-up Visa endorsement, adding to the growing list of customer success stories from T1 Digital and T1 Global. Ms. Vanam, a skilled entrepreneur with a background in Electronics Communication Engineering and extensive experience in developing sales and marketing software, has successfully obtained endorsement for her groundbreaking IT-SalesAi business idea, aimed at transforming the sales and marketing efforts of small IT companies in the UK.
Ms. Vanam holds a Bachelor of Technology in Electronics Communication Engineering from JNTU, India, and has developed several sales-based software solutions designed to assist software companies in their sales and marketing endeavors. Her innovative IT-SalesAi product leverages artificial intelligence and machine learning (Ai/ML) for marketing automation, enabling small IT companies to handle a multitude of sales and marketing tasks automatically while minimizing staff intervention and reducing costs.
IT-SalesAi is designed to provide comprehensive analytics information about potential customers and cater to the unique purchase journey of IT/software buyers. The product's core proposition includes lead generation, lead nurturing, social media alerts and management, customer relationship management (CRM), reputation management, and analytics – all tailored specifically for the IT/software industry.
The market opportunity for Ai/ML products like IT-SalesAi is significant, with around 860,000 software/IT workers in the UK before the pandemic, many of them operating as sole trader contractors. According to Forbes, there are approximately 10,000 software/IT firms in the UK. Assuming that a quarter of these workers are self-employed contractors, the potential market size for IT-SalesAi is 10,750 customers, which could generate annual revenues of £2.7 million at £250 per license per annum.
Ms. Vanam's IT-SalesAi business idea stands out for its focus on innovation, as she will be developing the software herself, using Ai/ML technology for marketing automation in the software/IT industry. Unlike existing marketing automation products that cater to generic customer journeys across various markets, IT-SalesAi will specifically address the unique pre-buying journey of software/IT buyers, making it a pioneering offering in the market.
Upon successful development, testing, and launch of the software, a sales campaign will be initiated to identify the most receptive market segments and refine the marketing strategy accordingly.
The endorsement panel praised the innovative nature of Ms. Vanam's business idea and the realistic, achievable business plan, considering her extensive knowledge and experience in the field. The T1 team provided invaluable support and guidance to Ms. Vanam in presenting critical evidence to the endorsing body and ensuring that her application met all criteria.
We are incredibly proud of Ms. Vanam's successful endorsement and eagerly anticipate the positive impact her IT-SalesAi business will have on the UK software/IT industry.
