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TACHYON SYSTEMS

A Voice driven Software development platform.

Australia
Market: Internet and IT, Artificial Intelligence
Stage of the project: Idea or something is already done

Date of last change: 16.04.2020
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Idea

A Cognitive voice assistant for stakeholders ( primarily for Developers & Architects) involved in software development to reduce the software development life cycle time and effort by providing context-specific suggestions, context-specific recommendations, context-specific discovery and context-specific intelligent automation. It can be integrated into Amazon Alexa or Google assistant or any speaker device.

Current Status

So far, our Product progression is so good.
We have refined our idea on multiple iterations,
Identified solid MVP use case and finalized wireframes.
Now we are in MVP development and it’s almost 50% have been completed.
Due to release by the end of Q2- 2020

Market

Tachyon is at the convergence of multiple market segments like
Low code development platform,
Natural Language Processing,
Machine Learning,
Computer vision
Cybersecurity and
Code quality.
It’s combined global market size is more than 200 billion USD by 2024

Problem or Opportunity

On one hand, technology has changing the face of many businesses today.
Technology has become an integral part of our life. So the demand for software is rapidly growing and will only keep growing in the future.

On the other hand, the current state of software development cannot cope with these growing needs. This is because,
1. During software development, often 80% of the time is spent on re-inventing the wheels and only 20% of time spent towards the innovation.
2. Sometimes best practises are ignored to get faster results which led to poor quality and high technical debt.
3. Most of the security measures are reactive in nature.
Hence the current state of software development is highly repetitive, time-consuming, error-prone and in-efficient. This must be disrupted to meet the growing needs in software development.

Solution (product or service)

Solution:
A voice-driven software development platform to reduce software development life cycle effort and time by 50%.

Capabilities:
Develop any software applications in a few hours.
Develop any software applications in any programming language.
Develop any software applications and deploy on any Cloud platform.
Develop any software applications using Natural Language.
Develop software applications using architecture diagrams.
Develop any software applications using whiteboard diagrams.
Add or remove any feature of the application on-demand.
Provide a source-code of the application in your preferred choice of any programming languages.

Benefits:
Increased Productivity
Increased Agility
Increased Quality
Increased Traceability
Increased Collaboration
Increased Speed of Innovation
Adherence to Standards
Reduced Technical Debt
Reduced development effort
Reduced development time
Reduced time-to-market
Technology agnostics solutions
Platform agnostics deployment
Device agnostics application

Targeted End -users:
Software Engineer
Software Architect
Security Architect
DevOps Engineer
Business Analyst
Project Manager

Target Customer segments:
System Integrators
Digital Agency
Technology companies
Start-ups
Companies looking for custom software application development

Competitors

Tachyon platform offerings can be comparable with the low code development platform

The low code platform, market players, focus only on the Development & Deployment stages of SDLC whereas Tachyon is focussing on all the stages of SDLC.

The current global market size of low code development platform is 10 billion USD and going to be 50 billion in 2024 in which 40% is from North America.

Advantages or differentiators

1. Voice driven software development.
Tachyon lets anyone develop software using Natural Language.

2. Native Voice support
The software developed on Tachyon platform will have voice support by default.

3. Founder's unique Software Engineering experience.
Over 16+ years of founders software engineering experience across the various domain in breadth and depth of the various tools, technologies and platforms.

4. Technology Agnostic solutions.
Applications can be developed on any programming languages, deployed on any cloud platforms and can be viewed on any devices.

5. Agile Architecture.
Tachyon platform is producing plugin and play architecture ( to be patented) which means any features can be added or removed on-demand which is called agile architecture, the most needed design at this juncture.

6. Focus on end-to-end software lifecycle.
Tachyon is focussed on a unified platform for complete software development life cycle unlike most of the competitors are focussed on only development and deployment.

7. Artificial Intelligence from the ground-up.
Since most of the Artificial Intelligence technologies got matured in the last 3-5 years, it is generally advantageous to any AI start-up compared to the legacy companies.

Finance

We have Financial forecast for the next 10 years
In a brief, USD 300 million in revenue forecasted within 5-7 years and
USD 1 billion in revenue forecasted within 8-10 years.

Business model

Tachyon generates income by 3 ways
1. Revenue from monthly subscription
2. Commissions earned through Partners sale
3. Charges collected through Professional services

An average sales value from smaller-size companies could be 6K per month
An average sales value from medium-sized companies could be 20K per month.
An average sales value from larger-sized companies could be 80K per month.

Money will be spent on

Research & Development expenses – Primary cost - 60%
Cost to attract & retain the talent – Primary cost
Infrastructure Cost – Primary cost
Operating cost including licensing cost. – Primary cost
Patent cost
Sales & Marketing cost

Offer for investor

25% share for USD 2 million

Team or Management

Risks

1. At the moment, it is completely self-funded, so getting the fund at the right time is very crucial

Incubation/Acceleration programs accomplishment

Attended one-day accelerator program conducted by Friendly Founders Lab in Palo Alto, San Francisco during August 2019.

Won the competition and other awards

In a short span, we have received 2 awards,

1. Awarded Start-up of the year 2019 in Asia Pacific region by Startcon conference Sydney, Australia.
2. The best organization for women empowerment by GISR Foundation, New Delhi, India.

Photos

Photo 1 - A Voice driven Software development platform.

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video