CLIENT
iGaming Company
INDUSTRY
Entertainment
SERVICE
Technical Due Diligence
Project
Our client, an innovative platform revolutionizing the micro-betting landscape for sporting events, embarked on a strategic journey to enhance its offerings and solidify its market position.
Known for its quick-result betting features and commitment to responsible gambling, the company aimed to provide an even more engaging and entertaining user experience. The opportunity arose to acquire a leading sports and entertainment technology company, prompting the company to seek a partnership with Sphere for comprehensive Technical Due Diligence.
The Challenge & Scope of Work
The acquisition presented a unique set of challenges and opportunities. The company needed to ensure that the technology of the potential acquisition was compatible with its existing platform, could scale according to future growth plans, and adhered to the highest standards of security and performance.
The Sphere team initiated the assessment with three parallel workstreams.
Architecture, Design, and Solution Performance
Evaluating the complexity and structure of the platform, the design framework, security approach of third-party integrations, the data storage model, and protection methods.
Code
The team assessed the code’s complexity for scalability, the use of third-party components and dependencies, the level of technical debt, and the quality processes in place (automated vs. manual).
Infrastructure
A thorough review of cloud hosting (including any non-cloud elements), the maturity of CI/CD or release processes, and a summary of necessary tools, their purposes, and costs were conducted.
The Outcome
The diligent assessment led to insightful discoveries and actionable recommendations. We successfully confirmed the scalability potential and integration compatibility. However, assessment also showed deviations from best practices, including lack of test coverage which could lead to software failures, system crashes or security breaches, and high complexity of the codebase with gaps in documentation.
These findings helped the buyer make an informed decision regarding the acquisition, fully understanding the technological landscape and potential integration challenges.
Key Achievements
Takeaways
- The client had a smooth integration process post acquisition and a clear list of actions to address.
- Reduced the operational cost by 30% on infrastructure support without losing the quality.
- The client has successfully transformed the acquisition into a scalable solution resulting in increase in performance and revenue.