Organizations that spend at least $1500 on training, on average, for each employee tend to see 24% more profit than those who do not. There is clearly value in training, especially technology training. In a rapidly evolving world, employees want to be in an organization that values them and improves their skills for future roles. […]
The last 10 years have seen an immense growth in demand for custom software by businesses. Custom software development seeks to fulfill very specific organizational needs that off-the-shelf software cannot solve. Between 2019 and 2024 alone, the market will have grown by $27 billion. This will represent a compound annual growth rate of 6.7%. Custom […]
Microsoft Office was the premier productivity solution in the business world in the last decade of the 20th century as well as the first few years of the 21st. Competitor solutions could not keep up. When Google launched Google Docs Spreadsheets, they were not seen as a threat to Microsoft. They were a solution for […]
Predictive analytics leverages the availability of big data and big data tools to make informed assessments of what is likely to happen in the future. Historical patterns and trends are used to build predictive models. Analysts today can build complex models today with numerous inputs to help improve the accuracy and reliability of predictive analytics. […]
The average time people spend on their mobile devices has been increasing each year since the first smart phone was sold. Americans spend at least 3 hours each day on their phone, not just using social media but also checking important aspects of their jobs. Over 90% of Americans use a mobile app to handle […]
In today’s highly competitive business environment, managers have to make a choice between off-the-shelf software or customized software. However, for a business that is highly specialized, off-the-shelf software often falls short of performance requirements. Such software often misses important functions or is bloated with functions the business does not require. There are numerous benefits of […]
The IT Infrastructure of any organization is mainly composed of the computing power needed, storage space, and the networking required to make it all work. Businesses traditionally had to set up all that infrastructure on-site, meaning investing physically in computers, storage, and networking components. They also had to have the skilled manpower to setup and […]
A software consulting company can help your budding retail business in many ways. You might have software you want to replace, streamline, or enhance. A software consultant can help you navigate the process. There are numerous reasons why approaching such engagements with little help can be tricky. First, there might be unforeseen costs but also […]
At the height of the coronavirus pandemic in 2020, nearly half of all U.S labor force was working from home. The pandemic spawned a ‘working from home economy’ which opened a new discussion on productivity when people are allowed a more flexible working schedule. The concept of allowing workers to do their work remotely is […]
According to McKinsey & Company, at least 2 in every 3 businesses are testing at least one automation solution for launching. Currently, 31% of all businesses have at least one process full automated in their workflow. Business process automation could refer to simple repetitive tasks being taken over by simple technology. It can also involve […]
