For startups and small businesses, cloud computing will be the game changer
Through Cloud, companies can store, manage and process data and use programs online. This information can also be accessed from anywhere through multiple devices. All one needs, is a working internet connection which is an advantage for small companies who don't have a huge IT budget.
Small companies were guilty of making poor tech choices in the past. They would either opt for expensive software designed for large companies or end up using inexpensive software lacking functionality. Cloud is giving these small companies a level playing field.
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What’s the big secret behind big data opportunity?
In Big Data, it’s not the size that really matters. It’s about data which is small but relevant in comparison. Timely access to appropriate analytic insights can replace the need for big chunks of irrelevant data, most of which is not used anyway.
For most enterprises, the use of big data will come from the license of advanced analytic applications derived through the mining/refining of relevant data. Companies will be able to develop strategies better with applications specific to them and their challenges.
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Platforms provide unparalleled benefits for mobile app development
Platforms provide a uniform approach to develop, deploy and manage applications. They help collect data from multiple sources which can be reused in an auditable and governable way. Through these platforms, data services and user interface can be consumed across multiple devices.
You can also predictably develop, manage and experience your applications. The development time can be reduced by as much as 80% which further cuts your time to market and related costs. End users can also participate in all the stages of development which ensures that applications are customised to the user requirements.
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Collaboration will create frameworks for next generation of stakeholder engagement
Those employing social business technology have created value in many ways, from addressing operational concerns like productivity, efficiency, cost reduction, and higher margins. It has also taken care of strategic concerns like improved innovation, higher customer satisfaction, and better competitiveness.
Collaboration has become a more powerful and effective way of running business operations. We must organize better for social business and stay updated, as it enables new business opportunities not possible with traditional ways.
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