Mid-Size Software Company
OVESTO performed as a fractional president and later Interim CEO. Resulted in 14% top-line growth and taking the company from over $300,000 in monthly losses to positive EBIDTA in 18 months.
Customer Testimonial – Board Chairman
“We hired Ovesto initially to be our fractional President to get a handle on some board concerns. Within weeks OVESTO detected significant problems regarding the performance of the company. We elevated their experienced consultant to our interim CEO, where he completely overhauled the entire company culture, retained customers, and turned the business around in under 18 months.”
The software company which had been in business for 15 years, was experiencing significant revenue loss, lack of new product innovation, customer erosion, and a dearth of customer and shareholder confidence.
OVESTO’s consultant conducted a competitive market analysis. Then streamlined the business around a coherent commercial and operational strategy, restoring profitability, producing higher-than-market revenue gains, winning market share in strategic and emerging markets.
OVESTO’s interim CEO built new industry-leading products and created a new strategy for the company. The consultant-led executive team preserved key customer relationships and expanded the brand image. These initiatives resulted in double-digit top-line growth while taking the company from negative to positive EBIDTA in under 18 months.
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At Ovesto, we do more than sell solutions, we solve business problems. We begin by going deep to truly understand what our clients need, exhausting the possibilities to get to the right approach. Ovesto provides organizations with the expertise and creative solutions to help you realize your full potential.