Indico Data

Doubling revenue and slashing sales cycles by 25%

How Indico Data used MEDDPICC as a common language to transform their enterprise sales motion, tripling average deal size, improving conversion rates by 50%, and building a rapidly growing professional services wing.

50 %

Increase in conversion rates
Across enterprise pipeline

140 %

Increase in average deal size
Professional services expansion

25 %

Reduction in time to close
Average sales cycle length

Indico Data

Indico Data is an AI-powered intelligent document processing platform, offering enterprise-scale solutions for healthcare and financial services. A decade of innovation in natural language processing and AI, with a current valuation of $1B.

INDUSTRY AI/SaaS
STAGE Series B
USE CASE ACV · Forecast
TIME TO VALUE

Results within one quarter

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"Our deals were averaging about $180K without professional services. But with MEDDPICC, we've not only tripled our average deal size but also cultivated a rapidly growing professional services wing."
Bob More
Bob More
CRO, Indico Data
BEFORE MEDDPICC
Deals averaging $180K, stalled in late stages without clear Economic Buyer access.
Value proposition not addressing customers' implicated pain, so market penetration limited.
Long, unpredictable sales cycles with inconsistent qualification across reps.
AFTER MEDDPICC
Average deal size tripled with professional services as a distinct revenue line.
3x ACV
Shared MEDDPICC language aligned the whole team around customer pain and metrics.
+50% conv.
Structured qualification gave reps a repeatable motion; cycles shortened significantly.
−25% cycle

A world-class product that wasn't breaking through

Bob More, Chief Revenue Officer at Indico, steered the sales team of a company poised at a crossroads. Despite their innovative technology, they struggled to achieve significant market penetration because their value proposition wasn't addressing the implicated pain of their target customers.

This led to a disconnect that hindered Indico's ability to realise the potential of their groundbreaking AI solutions. A strategic shift was essential, one that focused on the challenges and pain points of their potential clients.

MEDDPICC as a common language across the entire org

The implementation of MEDDPICC at Indico was an operation guided by the right players and strategy. It involved a holistic approach, enabling not only a few individuals, but the entire sales organization, from leadership to individual contributors.

MEDDPICC became a methodology not just for sales efficiency but for accountability, requiring everyone through the MEDDPICC operating rhythm to clearly articulate the needs of different customers' companies.

Using MEDDPICC, Indico's team were able to serve as both an Authoritative Voice and a Trusted Advisor. Indico's sales organization now treated MEDDPICC as a necessary common sales language, bridging Customer Success and the Opportunity Process to ensure every diverse team goal was fulfilled.

50 %
Increase in conversion rates Across enterprise pipeline
140 %
Increase in average deal size Professional services expansion
25 %
Reduction in time to close Average sales cycle length

A repeatable revenue engine, built on a common language

By adopting MEDDPICC, the team achieved a systematic change in operational strategy. They moved from structured alignment on the most important deals to broader strategic growth plans across the org.

Adopting MEDDPICC meant that Indico were now accountable for whole-team growth through outcome-driven actions. The biggest single proof: average deal size grew 3×, a direct result of strategic alignment plus consistent use of sales velocity guardrails inside their CRM.

Beyond ACV, MEDDPICC adoption sat at the highest-achiever level of sales professionals and led to a clear 33% increase in new business and a winning culture letter to the whole organization.

We've created a culture of finding out what you don't know. We have regular deal reviews where there's an openness to improving and being better than you were yesterday, which we use mOS as the catalyst and key driving tool for.

Bob More Chief Revenue Officer, Indico Data
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ALSO IN THIS STORY
  • Common language across sales & CS
  • Professional services revenue growth
  • Forecast accuracy & pipeline hygiene
  • ACV growth through qualification rigour

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