The Innovators Program is chugging along, and I was excited to learn more about one of our awesome external teams last week, Allstacks. CEO Hersh Tapadia and CTO Jeremy Freeman have partnered together for 10 years, and after years of collaborating on project after project, they identified a hole in the project management market for a good analytics tool that gave useful data to drive decision-making.
Allstacks is business intelligence tool for engineering management in which they pul together all the data that is generated by the team and give them leading indicators of project health so they can better direct their attention and ship better quality products on time without having to spend a lot of time digging around trying to figure out what’s actually going on.
We had the chance to chat with Hersh and learn more about what drove their team to build Allstacks and how years of experience can groom you for building the perfect product!
If you’d like to learn more about Allstacks and how it can transform your project management, learn more today!
Magdalyn: Why did you decide to apply for the Innovators Program?
Hersh: Primarily what made us want to apply was the partnership with Citrix and Red Hat. They’re two prototypical customers for our company, so it gave us the opportunity to work really closely with that type of customers to build a good product.
M: Awesome! What are you most looking forward to in this program?
H: We’ve been able to define some structure around working with our customers that allows us to recognize patterns and identify areas where we can make small changes that have large impact, and what really drove that was the tools that have been taught in the program.
M: What skills or backgrounds do you each bring to your team?
H: It’s kind of an interesting story about me and my partner, we’ve been working together for over ten years, and this is our fourth company together. We met when we were in undergrad and i was spinning a company out of the university that was a medical device, and my partner jeremy was my first hire. that company was more bleeding-edge, and jeremy and the team wrote all the software for that. We ended up getting picked up and acqui-hired (before acqui-hiring was a thing) by a startup coming out of Johnson and Johnson. So I joined as a cofounder of that company and i was able to bring over the technology. I was able to hire back the critical parts of that team, so once again Jeremy was the first hire. We ran product there for 6 years, and we were ready to do something new, so we ended up building a business for 2 years looking for our next idea. We ended up working on a confluence of factors – data science projects, API development, and other algorithm development tools – we didn’t realize it then, but basically over the past 10 years we had trained ourselves in all the different components that allowed us to develop Allstacks really quickly. We built and launched the product in less than three months.
M: What was the “ah-ha” moment that led to starting your company?
H: The idea came to us kind of two ways – my partner and i had actually had launched another data-based company, and when we actually ran the data, we found out that the data from the original product we had didn’t work out, but there was one slice of that product that was really interesting to our customers – people were interested in knowing what the productivity of their employees was inside of the tools that they’re paying for. So we started trying to understand that market and looked deeper into the productivity analytics market, and what we found is that there was a huge hole for engineering management.
We then came at it from another angle in that we thought back to our experiences – because my partner and i both happen to be engineering and product managers for 10 years – and realized that it was actually a problem. We thought back to our own experiences working with senior management and how frustrating it was that we weren’t able to give good, quantitative answers to how things are going. We realized that the part of the problem was that there wasn’t good data available, and whatever data that was available is very siloed and not holistic. and by looking at that kind of data lead to blinded, partially-informed decision making which was really ineffective.
M: Short answer, what problem are you trying to solve?
H: Helping engineering build better products ahead of schedule and under budget.
M: What’s your biggest take-away from the Innovators Program so far?
H: It’s really important to be consistent in how you interact with your customers so you can identify patterns, and by doing that, it’s been really helpful.
M: When you are not working tirelessly to launch a company, how do you spend your time?
I think what’s really important for me is not losing the social connections that make life meaningful, so carving time out for that is really important so you don’t lose yourself in your business. My wife and I dedicate time to our friends and family every week so that’s really helpful.
Thanks Hersh for sharing your thoughts and progress with us, looking forward to seeing Allstacks grow and thrive!
If you’d like to learn more about Allstacks or the Innovators Program, check out more here.
Visit us soon for more interviews with this year’s participants!