Enterprise resource planning systems (ERP) have become irreplaceable over the last two decades. As at 2017, 81% of organizations were either implementing ERP software or completed implementation. But due to the rapid technological changes, the issue is still pending for many companies. With the inevitability of upgrades, you, as a CEO or CIO may still hesitate if it is better to build your own ERP system or buy a prepackaged solution.
There has never been a better time to start your own business. Never in the history have you had so much freedom and so much support. Never have there been so many new fields waiting for your initiative... Oops, but the statistics is sobering: 90 % of the startups fail. Why?
So, you have decided to digitize your business. But who to entrust this major challenge with? Assuming you are not going to transform your firm into a web-dev, you need third-party IT specialists. The practice is common nowadays. According to Deloitte statistics, 53 percent of IT functions are being already outsourced worldwide. After all, if it’s OK for Skype, Slack, Opera, and Facebook, why shouldn’t it work for you?
Silicon Valley is a fruitful soil for new businesses. Yet at the same time, it is one of the most competitive environments in the whole wide world. What makes some startups burst and flourish and the other sink into oblivion? And how the owners of other businesses can benefit from their experience? We have selected several takeaways from recent successful Californian startups and share them with you.
Most freight operators today don’t need to be persuaded in the importance of technologies. At the same time, freight transportation still languishes on the way to automation. The reasons lie both in the complexity of the industry and the lack of digital awareness.
Making money on a mobile app may be quite profitable if organized properly. In the annual end-of-year-report, App Annie called 2017 a monumental year in the app economy with global app downloads reaching 175 billion and consumer expenditures mounting to $86 billion. Of course, the rate of individual success depends on one’s knowledge of how to squeeze to the max from a mobile product.
With International Women’s Day around the corner, it is to the point to dwell on the topic of women’s role in the modern IT world. The theme is especially alluring taking into account a constantly growing percentage of the representatives of the fair sex in this traditionally male-preoccupied realm. But what does it cost to get a foot in the door trying to push ahead a female business in a man’s world?
Few people know that the Houseparty startup is a result of another project’s fail since its developers have been hiding the name of a company behind it for a long time. But the top managers found a way to correct their previous mistakes and reincarnate the project. How did this party planner app succeed among numerous video messenger apps and teen video chats?
Imagine the situation: for several months, all your team is hard at work developing a project. The product is cool, you release a trial version — and suddenly the client says that «it’s just not what he meant». Or, he is totally satisfied with the functional, you shake hands, and in a couple of months, you occasionally come across the comment in which your ex-client complains: he invested excessive amounts of money in cooperation with you, and now the product doesn’t bring him any slightest profit. Obviously, it damages the image of the company.
Selling of event tickets has begun to change dramatically over the last ten years with emerging online marketplaces. What important aspects should you consider when thinking about entering this market?