Systems such as Enterprise Resource Planning (ERP) are at the heart of business operations such as logistics, purchasing, sales, and marketing. They enable businesses to collect data for intelligent decision-making. However, like all software, a system can be outgrown either due to business scaling or gaps emerging in its functionality. When this happens, businesses must […]
Business growth is quite different from business scaling. Growth refers to simply increasing the number of customers. Without proper efficiency, revenues resulting from business growth can easily be consumed corresponding incremental costs. Business scaling refers to positing or enabling the business to handle many more customers without significant increases in costs. Process automation is a […]
Big data and big analytics are common buzzwords in multiple fields including sports, governance, banking, investments and more. For more than 7 decades now, companies have known that data can be a source of great insight and competitive advantage. During the early years of using computers, businesses would look at numbers in spreadsheets manually and […]
If you conduct a search for ‘software vendor’ on Google, you will be bombarded by tens if not hundreds of different companies seeking to become your development partner. All of them promise to build your custom software on time, on budget and offer technical support. However, there is little you can garner about what the […]
Organizations seeking agility in their IT systems implement a service-oriented architecture. Compared to a few decades ago, systems have become more complex, and scalability is a big issue when implementing new IT infrastructure. The speed of development of release also needs to be faster than ever before. All these are reasons why service-oriented architecture has […]
Technology training for your technical employees is an unavoidable cost for IT firms. It helps to ensure they can pick and use the right tools to solve problems. Technology moves fast nowadays and IT skills that were relevant five years ago are almost obsolete today. Therefore, organizations must make it a priority to instill a […]
Just how powerful is data analytics? Do we overestimate the ability of data analytics to provide a competitive advantage to businesses? Businesses built on data have been around for a while. Companies such as automakers and consumer goods manufacturers collect vast amounts of data on sales trends. Most of that data however is rarely about […]
Using off-the-shelf business can become ineffective as your business grows. No matter what a vendor promises, not all features of their software will fit exactly what your business needs. Some adjustments often must be made to off-the-shelf solutions to get maximum return on investment. Custom applications are thought of as expensive. However, when you consider […]
Deep learning is a type of machine learning and artificial intelligence. It emulates the way humans gain knowledge from observing a task or data repeatedly. Deep learning enables computers to recognize, classify, and make predictions. The evolution of artificial intelligence began with the idea that it was possible to make computers take on tasks that […]
Whenever a startup takes off and begins to grow its revenue, entrepreneurs often feel that the business can accomplish more in terms of product offerings and the number of clients served. However, entrepreneurs face the constraints of time and money. They also need a healthy work and life balance. This makes scaling a business a […]
