Before 2008, there was no tool on the market that enabled organizations to have transparency in developing a strategic plan while also managing and measuring the execution of the plan. AchieveIt was born out of that need.
KDG spearheaded a massive development effort to not only take AcheiveIt’s initial application to the next level, but also to develop four other critical applications that would make it even more enticing to healthcare organizations.
Prior to working with KDG, AchieveIt launched as a very complex piece of web-based software that allowed any organization, primarily healthcare organizations, to develop a strategic plan and measure the progress and effectiveness of the plan. During founder Scott Regan’s first attempts to build the product, he did what many other new software entrepreneurs do―he went to an overseas development firm.
“While I was lured by the low cost of working with an overseas firm, in hindsight, it was a more expensive proposition,” Regan said. “The language and cultural barriers were significant, which significantly extended the time it took to launch our first application. What was a three-month project took a year, and the overseas firm was never quite able to translate my vision into reality. We had a nice application, but it wasn’t a great application, and it took four times longer than planned to bring it to market. The opportunity cost was significant.”
In addition to helping making AchieveIt better for users, KDG developed three additional applications that made it more robust.
“We really believe we have the best technology, an excellent user interface, and the ability to push technology innovation to achieve better results for our clients and ourselves,” says Regan. “The Kyle David Group provided us with a core competency in cloud-based technology development without having to develop it ourselves.”
By May 2011, the products were live and quickly adopted by organizations like Baylor Health Care System, the University of Florida, Erlanger Health System, Methodist Le Bonheur Health System, and many others. The positive responses were continual affirmation that the products were hot.
Like many small companies, funding became an issue. Through The Kyle David Group’s unique partnership with Kyle David Capital, L.P., a partially owned venture fund, AchieveIt was able to invest in the project alongside an investment from Buckhead Investment Partners. Newly established funding allowed for business growth and continual technology development.
AchieveIt’s rapid growth garnered the attention of many industries outside of healthcare. Recognizing this demand, in Spring 2012, AchieveIt entered new vertical markets, starting with higher education and then aggressively targeting commercial businesses both small and large. With continued development from The Kyle David Group, in June 2012, AchieveIt unveiled the next generation of applications that were scalable for companies of all sizes and industries. Within weeks, AchieveIt had clients in finance, higher education, government, professional services, and nonprofit organizations. In addition, the firm’s execution management technology has now been adopted by more than 100 healthcare organizations and eight state hospital associations across 30 states.
The Kyle David Group continues to play a vital role in developing these enterprise-level SaaS applications. Major development milestones have included: