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CovQ SaaS Platform: Build Your Company IQ
It exists out of five modules: DEEP – Access to Experience and Know-How. IMPACT – A Dream Team of Practices and Tactics, whose goals are to empower founders and business owners to develop their business into the desired market position and concretely execute strategically and tactically. CREATES – Allows it to create strategic initiatives, building teams and setting compound value objectives. VALUE – This is the dashboard in which the progress of the strategic initiatives is monitored and the compound value created is visualized. BUILDING: People always make the difference so this is where CovQ specialists and experts are and founders and business owners are developed.
CovQ applied is clear, disciplined, agile, transparent, highly focused, and ongoing. CovQ flexibly serves as a mastermind, supervisor, coach, mentor, lifelong partner, and hence follows the principles of a holistic and systematic management approach with the goal of being ahead of the curve, always. DEEP IMPACT CREATES VALUE BUILDING.
A Business Building Saas Platform Encompassing a Method, a Framework, Know-how, Experts and Specialists to Create Compound Value.
VONQ is a leading B2B provider of online recruitment technology services to corporate Human Resources departments across Europe and the US. VONQ empowers its Enterprise and SME clients in making performance data-based decisions and thereby optimize the effectiveness and efficiency of advertising vacancies across more than 5,000 job boards globally. The complexity of sourcing and attracting top talent is increasingly driving employers to VONQ’s intelligent recruitment marketing platform. VONQ is majority-owned by Capital D, which is a next-generation pan-European PE fund investing in mid-market businesses that will be winners of the disruption economy. Capital D invests at the intersection of mega, technological, and behavioral trends, and believes in agility and purpose as value creation drivers.
We first engaged with the CovQ platform when we planned our strategy offsite. In order to perfectly understand the status quo of our value creation qualities and opportunities, I asked our board members of investors, advisers, and C-suite to take the CovQ Assessment. We then analyzed the CovQ value driver results and held a very structured session to identify the priorities, focus, and actions to power our winning strategies. Needless to say that we track and report the progress and decided to take the CovQ assessment in six months intervals. The CovQ platform is a great strategic and agile way to manage the steady evolvement and future growth of the VONQ Group worldwide.
Dreamscape is a partnership between GTCR, a leading private equity firm focused on investing in growth companies, and the former IAS Integral Ad Science executive team: Scott Knoll, David Hahn and Michael Iantosca. GTCR invested $15 billion in over 200 companies. Integral Ad Science Holding Corp (IAS) is traded at NASDAQ since June 2021 after it had been acquired by Vista Private Equity three years earlier.
“My team, board, investors and I built IAS from a concept to a global company with more than 600 employees in nine years. We had big dreams and lots of ideas, but the key to our success was our ability to focus all of our time and resources on the limited number of strategic initiatives that really mattered. It would have been much easier for us to do this if we had a strategy platform of record in place that had powered, tracked and supported our rapid growth and ambitious expansion plans. The value creation system and business building platform CovQ makes a lot of sense to adopt early on for any business, but it’s especially relevant for growth companies in volatile environments like technology.”
In Touch is the leading network for elite professionals, combining learning and development with world-class coaching to guide professionals through their career transitions. In Touch’s award-winning platform has helped thousands of members in their journey to the boardroom, through its unrivaled learning and development programs and access to an extensive network of like-minded people. In Touch has achieved recognition from the likes of Deloitte and The Financial Times and has offices across the US, in the UK and Australia.
“No company would ask themselves all the questions from the CovQ assessment. As a result, we are hosting webinars for our board and advisor members so that they can learn more about it and how it can be applied to their businesses.”
quantilope is the market-leading SaaS solution for executing automated and advanced market research methods servicing leading brands globally. It is developing the Insights Operating System empowering insights managers and marketers to become truly agile.
In Q3/20 quantilope closed a Series B funding round of $28 million led by Digital+ Partners along with Silicon Valley Bank providing debt financing and the participation of the existing investors Dawn Capital, Senovo, and Surplus.
“As an agile market research SaaS company, we particularly appreciate leveraging systematically generated insights and convert those into actionable strategies. As my co-founder and I took the CovQ assessment it allowed us not only to perfectly align but also to double down on our strengths and create space to initiate further growth strategies. We are expanding really fast, hence methods and tools are simply a must.”
Nordic Health Group is a data-driven CBD company servicing the US and twelve European countries. Nordic Oil’s and Nordic Cosmetics premium offerings include CBD oils, extracts, vitamins, and skincare products setting new standards in quality and customer service.
“Everything is easier if you know how it’s done, but as a young entrepreneur, there are a whole lot of things you do not know, and you have to rely heavily on your gut feeling and intuition. With the 8W8 platform ‘CovQ’, Ralf’s help, and access to experts and specialists, we have developed a structured approach to growth, which helped us to scale from 20-some employees to more than 70 employees within a year – all while still remaining bootstrapped and profitable.”
Centered in NYC, the global hub of business, Columbia Business School offers its diverse and entrepreneurial students daily access to influential industry leaders. The twofold mission is the commitment to educating and developing leaders and builders of enterprises who create value for their stakeholders and society at large as well as the commitment to creating and disseminating pathbreaking knowledge, concepts, and tools, which advance the understanding and practice of management.
“I like the fact that it is a structured approach and that the CovQ Enterprise version can be customized to each business’s unique challenges and needs. As a result, companies have the necessary insights to draw the right conclusions and can make meaningful impacts in strategic yet agile ways to start compounding.”
Accenture acquired PRION GROUP – a leading consulting firm and systems integrator specializing in Product Lifecycle Management (PLM) software – to help its clients increase the ROI in PLM by accelerating and optimizing their implementations, particularly in Europe and North America.
“True story: Ralf and I were drafting the first go-go-market strategy for PRION sitting at the kitchen table at my home. As a result, we then applied a holistic and system-oriented management approach over our 16-years long journey of expansion. 8W8 acted also as our guide and mastermind throughout the sale to and transition into Accenture providing support, expertise, and specialists.”
Cornell Tech is Cornell University’s groundbreaking campus for technology research and education on Roosevelt Island in New York City. Founded in partnership with the Technion-Israel Institute of Technology and the City of New York, Cornell Tech achieves global reach and local impact, extending Cornell University’s long history of leading innovation in computer science and engineering.
“Throughout my entire career, I have helped clients incorporate the right mix of data, technology, and marketing channel to efficiently scale their businesses while driving direct ROI. Now, as a visiting Professor at Cornell Tech in NYC and a business founder, I was looking for a systematic and quantifiable approach to guide decisions to leverage the drivers of value creation. The CovQ assessment, which is a transparent scoring highlighting a textured view of one’s current company’s situation, is at the heart of this approach and is the pivotal first-step to get going. Taking CovQ took me only 20 minutes. A time extremely well spent.”
Sipora is Australia’s leading round-up as a service platform. Sipora enables organizations to build, launch, and maintain their own round-up application.
“After running through our CovQ assessment results with the 8W8 team, it was as clear as day where we needed to concentrate in the short, medium, and long term. The questions helped elicit a true picture of our business at this early stage across a range of different metrics . As a startup, this is incredibly important and will help set us up for a successful future especially as we look to our Series A cap raising round later this year .”
Fuerza Studio is a web, design and branding company. With over 10+ years of experience working in dozens of countries, making companies leaders in their segments and creating the most diverse online products from scratch, from design to internal logistics, from development to user experience. A dream team to make your dream come true.
“As a creative studio and software development company serving clients around the globe like Airbnb, Nordicoil, and Jam City, keeps us incredibly busy at all times. We have embraced adopting the CovQ SaaS platform to make us stay on track with our strategy development, execution, and steady reporting. The CovQ assessments serve as our even keel in the fast-moving growth environment we are operating in.”
PAFnow empowers users to gain full transparency about processes. Companywide or project specific, for large quantities of data or for small optimization projects, every Office 365 user can use the PAFnow data mining tools and tear down the barriers to process mining. Due to the integration of PAFnow with Microsoft Power BI clients can do much more than just analyzing data. PAFnow customers can collaborate, communicate and directly start optimization measures as soon as optimization potential is identified.
“As a strategic partner of Microsoft’s Power BI business analytics solution, we, the Process Analytics Factory and provider of the PAFnow data mining tools, are scaling our global business in line with Power BI’s rapid market share expansion. Now we are using the comprehnsive and clear results of the CovQ assessment to implement additional laser-focused strategies that are going to enhance our growth and value building journey for the years to come.”
Headquartered in Singapore with offices in the US and India, Skuad provides a platform to effortlessly build exceptional technology teams anywhere and is specialized in deeply vetted product managers, software engineers, data scientists and digital marketers to quickly execute product digitization roadmaps.
“We are scaling our fast growing global organization as well as client base. Taking the CovQ assessment was exactly what we needed to identify and bundle our synergetic opportunities by at the same time not doing too much of everything, which always is a tricky one in hyper growth environments. Focus always wins, you just need the tools to enforce it.”
L.A. based Viveka is in the business of ‘Reimaging Humanity’ and providing the viveka.world platform granting companies, coaches and individuals access to more professional development and personal growth
“We have an amazing opportunity ahead and therefore started applying the CovQ approach in order to stay laser-focused and incorporate a maximum of best practices on our exciting journey. Being able to rely on the support of Ralf and his team of builders is a huge asset for us, I recommend his services to all entrepreneurs wanting to fast track their success.”
Based in the heart of silicon valley, DistroScale is a provider of an end-to-end video platform solution and together with DistroTV, which offers video content to globally-minded audiences in the US, Canada, and the UK, reaching 250 million monthly unique users.
‘Right at the inception of DistroScale, I engaged Ralf and 8W8 as we were committed from day one to smartly leverage the global dynamics of audiences, content creation/distribution, and video advertising opportunities. We have been benefitting nicely from the profound experience, solid global footprint, and expansion orchestration provided.”
HOSS is disrupting the $570 billion furniture industry by providing a vertically integrated Platform-as-a-Service solution, taking a data-driven approach to maximize efficiency and design products that consumers desire. This is expressed in both its HOSS furniture line and its white-label offerings.
‘As a former management consultant, I realized right away that CovQ by 8W8 is a paradigm shift and is revolutionizing how companies are being steered. In a relatively short time, we pivoted to a PaaS and D-t-C play followed by the development of a strong strategy for hossworld.com for the years to come.’
Lift is the leading client churn prediction platform used by the largest marketing services companies including IPG, OmnicomGroup, Publicis Groupe, WPP. The predictions can be linked to financial numbers (CRM or ERP systems) enabling customers to know what’s the financial risk across their client portfolio at any point in time and focus on building out existing revenue streams instead of losing them.
“The concept of compound value creation has certainly made deep inroads in the strategic initiatives we create, fully execute, and measure. The results of the CovQ assessment really make you set clear direction, define the right focus, and develop tactics and teams to move the business constantly forward.”
8W8 Global Business Builders founder & CEO, Ralf Hirt, will be participating as a speaker at the Swedish, Dutch, Swiss and German events hosted by the Startup Network Europe.
The post pandemic recovery promise, is one of a digitally transformed economy. It is about the amount of energy used to transform information into data and data back into information. Versus the value it creates everywhere, for everyone, and for the better.
In the images below, we have summarized all you need to know about the CovQ SaaS Platform.