Fix nix refined_10k_pitch

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FIXNIX INFOSEC SOLUTIONS Security Redefined

description

FixNix Inc www.fixnix.co Redefining 'Security' by Nixing.. FixNix is a cloud-based governance, risk and compliance software that lets you automate your risk, audit process and have your own compliance dashboard It's a bootstrapped startup out of Vellore, a T2 city in India. Successfully bootstrapped to enterprise selling and partnerships with Big 4, Top System integrator, etc following 26 thumb rules for bootstrapping from a toughened entrepreneur.. Really getting into the groove of SaaS now aggressively.. FixNix Inc., it's SaaS GRC Solution automates audit, risk through online compliance dashboard at 1/100th Price of global GRC like RSA Archer by FixNix GRC { monthly fees: $500/module} There's no godfather behind us and it's a pure first gen entrepreneurial venture which got the recognition of Microsoft Bizspark Challenge, IEEE cloud computing awards, Indian government New Entrepreneur cum Enterprise Development Scheme amongst toughest competitions of other great ideas, startups of the country... I think we deserve some eyeballs in the demo pits of startup world ;-) please visit here fixnix.co

Transcript of Fix nix refined_10k_pitch

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FIXNIX INFOSEC SOLUTIONSSecurity Redefined

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OUR VISION

To be the top “Governance, Risk & Compliance” solutions company of the globe.

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OUR MISSIONTo Serve Small & Medium enterprises with intuitive, easy to use GRC solution.

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WHAT IS FIXNIX??We are a Salesforce for GRC

Our firm is heavily inspired by strategic thought process of successful startup firms like asana, zoho , Salesforce & amazon making an entry into untapped problem areas. All of them have made a mark and created a niche in their respective verticals.

We'll tell where we get our source of energy...

Flat organization and same designation

Marrying SMB & InfoSec

Utilizing cloud for GRC

Open source contribution

and much more…

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SHANMUGAVEL SANKARANCHIEF NIXER

Having Spent a decade with Microsoft and IBM , I realized GRC market is dominated by big boys like IBM and EMC. Small and medium business finds the offering from big boys very expensive and complicated to streamline their business. FIXNIX vision is to create a innovative GRC suite to cater Small and Medium business at lucrative pricing option using Cloud based SAAS solution.

Awards and Features

Chief Information Security Officer

• SMB• Governance• Risk• Compliance

Aspirations

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ISO:27001 FUTURE GROWTH & NEED

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HOW IMPORTANT ARE PRIVACY-RELATED ISSUES FOR EACH ONE OF FOUR GRC DOMAINS ?

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WHAT REGULATIONS ARE MOST DIFFICULT TO COMPLY WITH?

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MISALIGNED TECHNOLOGY TO MEET GRC NEEDS

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DOCUMENT/EMAIL APPROACHES CHALLENGE GRC

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DO ORGANIZATIONS PLAN GRC PROCUREMENT

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SPENDING PERSPECTIVES IN GRC

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EASE OF USE CRITERIA

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GOALS IN GRC ADOPTION

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TAKEAWAYS

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What we do

Automate GRC Modules

Risk AuditBCMPolicy ManagementWhistle BlowerAnd Much More….

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GRC TAM (TARGET MARKET)Computing Hardware

11%

Software7%

IT Services23%

Telecom Equipment13%

Telecom Services46%

$3.8 trillion market, $1.6 trillion excluding Telecom

6% annual growth rate expected excluding Telecom

IT security represents only 1.5% of total

IT security market expected to grow 12% through 2016

Cloud IT security will grow from 17% to 24% by 2016

CY 2010 CY 2011 CY 2012E CY 2013E CY 2014E CY 2015E CY 2016E CAGRComputing Hardware $375 $404 $421 $457 $496 $553 $592 7.9%Software $244 $267 $280 $299 $319 $339 $362 6.3%IT Services $793 $845 $856 $886 $920 $956 $995 3.3%Telecom Equipment $412 $442 $473 $508 $538 $567 $593 6.0%Telecom Services $1,603 $1,704 $1,721 $1,767 $1,816 $1,861 $1,898 2.2%All IT $3,427 $3,662 $3,751 $3,917 $4,089 $4,276 $4,440 3.9% HW, SW, Svcs $1,412 $1,516 $1,557 $1,642 $1,735 $1,848 $1,949 IT Security $19 $22 $24 Percent of Total 1.3% 1.5% 1.5% 12.0%

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REVENUE AND EXPENSE PROJECTIONSRevenue Projections for 1st Year

Q-I $ 25,ooo

Q-II $ 90,000

Q-III $ 1,80,000

Q – IV $ 2,70,000

Revenue $5,65,000 {~Rs3.46 Cr}

Planned Expense projections on different channel to achieve this number$30,000 per month for sales and marketing campaigns

Total of $3,60,000 on sales and marketing alone

Q1(45) Q2(180) Q3(360) Q4(540)0

100200300400500600

$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000

1st year Projections

Customers Revenue

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COST STRUCTURE$500 /month /module

M1(10) M2(15) M3(20)05

10152025

$0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000

Ist Quarter

Customers Revenue

M-4(40) M-5(60) M-6 800

20

40

60

80

100

$0

$10,000

$20,000

$30,000

$40,000

$50,000

II nd Quarter

Customers Revenue

M-7(100) M-8 (120) M-9(140)0

20406080

100120140160

$0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000

III rd Quarter

Customers Revenue

M-10(160) M-11(180) M-12(200)0

50

100

150

200

250

$0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000

IV th Quarter

Customers Revenue

1 NEW CUSTOMER SIGN UP EVERY WORKING DAY OR

EXISTING CUSTOMER SHOULD BE SOLD NEW MODULE EVERY DAY

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▪ We have Spend $195599

▪ Income till date $48808.260

▪ Funding $25,000

▪ Amount to be spent after funding in 1 year $269407.26

▪ Revenue for after funding 1 year $538814.52

▪ Profit after funding by year $269407.26.

BREAK-EVENT ANALYSIS

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WHY CUSTOMERS CHOOSE FIXNIX?UNIQUENESS

▪ FixNix’s platform-based architecture is a key technical differentiator as it enables us to provide a common technology infrastructure for meeting ERM needs, cross-industry mandates and regulations such as SOX, OSHA, EH&S, FCPA, and ISO standard as well as the industry focused regulatory guidelines and Data Retention laws.

▪ Key differentiating factors are:

1. Scalable Solution Architecture

2. Ease of Configurability and Flexibility

3. Integrated Solution Suite

4. Powerful Workflow and Collaboration

5. Simplicity and Ease of Use

6. Unparalleled Reporting and Analytics

7. Intranet Powered Content

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OUR ADVISORSGo To Market strategy , Business, Leads, Pilots * Click the names to open the LinkedIn profile

Venky Sivaraman Strategy Head IVY MOBILITY

Ganapathy Subramanian CISO Microsoft

Subrahmanya Boda CISO GMR

Venkat NippaniHead, RiskGrant thornton

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TimelineWe are Microsoft Bizspark challenge winners

Nov 2012

We bornGROWTHTeam size grown to 20 people

March 2013

new clients

June 2013

Sep 2013

We turn global

AWARDSSeveral Awards

Dec 2012

Our success story has started

May2014

Cipla & Mphasis

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OUR GRC ARCHITECTURE

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CLIENT LIST

Service to others is the rent you pay for your room here on earth

KEY PARTNERS

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COMPETITORS OF FIXNIX

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THINK BIGClick icon to add picture

,

win the world

+91 9025 198 198 / +91 87 90 878 222 [email protected], [email protected]

Shanmugavel Sankaran, CEO

FixNix InfoSec Solutions Pvt Ltd5/17, 1st St, Gandhi Nagar, Phase 1, Sathuvachari, vellore – 632009.Shanmugavel SankaranChief Nixer

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