Market Niche Best Practical Solutions specializes in open source ticketing and incident response software, which appeals to organizations seeking customizable and cost-effective IT service management tools. This focus presents opportunities for sales through organizations prioritizing open source solutions.
Growth & Updates The company regularly releases updates to its RT and RTIR software, indicating active development and ongoing customer engagement. Highlighting these updates could open avenues to upsell new features or gather feedback for future enhancements.
Industry Positioning With competitors like Zendesk and ServiceNow garnering larger market shares, Best Practical Solutions can position itself as a flexible, open source alternative suitable for mid-sized organizations looking for customizable ticketing solutions.
Technology Stack Utilizing popular cloud services like AWS and Google Hosted Libraries, the company's tech stack ensures scalability and reliability. These technical strengths can be appealing to prospects emphasizing cloud integration and modern web standards.
Financial Opportunity With revenues estimated between 10 million and 25 million dollars, there is potential for expansion into new markets or upselling advanced support and enterprise features to current clients seeking stability and growth.