Amid the release of new data* on American small businesses revealing that that, in November 2015, the economic outlook among U.S. small business owners—down nearly 2 points year-over-year—has finally stabilized after a 6-month decline, there’s cause for entrepreneurs to be optimistic for the year ahead.
Whether or not that outlook begins to uptick not only depends upon how agile, adaptable, creative and resourceful entrepreneurs can be in planning for, or reacting to, market conditions, revenue and brand-building opportunities and other key concerns, but also how well they maintain a forward-thinking mindset.
Towards this end, tomorrow’s smart and successful entrepreneur will have their bases well-covered on these five fronts in particular.
Data can be incredibly difficult to deal with, especially when it's coming in large waves. However, there are some wonderful ways to deal with big data that will allow you to save time. And saving time is a good thing — especially for bigger companies.
Tool 1 - Data Visualization
So you have the data, but what’s it saying? The best tool to utilize in order to utilize your data is data visualization tools (such as those provided by DataHero). These are things like graphs and other ways to visually show what the data is saying — such as a map showing where consumers are or are more likely to purchase. Since spreadsheets can be difficult to look at for a long time, and it can result in hours of time wasted, using ways to make it easy to visualize the data makes using it or interpreting it faster. Depending on the type of data you are trying to interpret, the visual should be different — i.e. using a scatter plot to compare two measurements, while a line graph would be better for something over time.
Corporate IT will need to manage a wide range of issues affecting the IT strategy agenda
Matrix42, a top provider of software for workspace management, today revealed that Unified Endpoint Management tops the list of IT trends that companies will see in 2016. Other areas of IT that will have a major impact include mainstream adoption of wearables and smartwatches, Internet of Things, Social ITSM and workspace aggregation.
Oliver Bendig, CTO of Matrix42 has analyzed the trends affecting the modern IT workspace and identified 10 key areas that companies will need to manage in 2016.
The cloud computing marketplace is an evolving landscape filled with corporate giants, plucky startups, and creative innovators intent on launching the next big cloud breakthrough. In this constantly shifting environment, many cloud competitors are diligently working on ways to get an edge over their rivals. Part of this strategy, at least on the part of the larger cloud companies, involves acquiring cloud startups that feature unique services and products. This helps the larger companies diversify their offerings, increase their share of the market, and incorporate new ideas with the goal of moving their business forward. It’s a model that has been used in other industries, so it should come as little surprise that the cloud marketplace is pursuing it. Recent history shows the big names in cloud computing are eager to acquire promising startups. The following is just a brief look at acquisitions from the past few months.
The cloud hit the scene with an unprecedented impression, enabling companies to run their servers, store their data, and manage their business with the secure, compact, and remote services of the cloud. While many businesses are still uncertain about the move, countless others have embraced the technological advancement and made the leap, reaping outstanding benefits in the process. Whether it is a boost in productivity, reducing wasted space, or a significant cut on general costs, the cloud is quickly being hailed as a great choice. One such success story demands attention with the numbers to back it up.
Basel, Switzerland - December 12, 2014 - Magnolia International, the company behind the award winning Magnolia CMS today celebrated a landmark year with numerous industry awards, strategic partnerships and global brands using the Magnolia platform for digital business. Magnolia continues strong license growth in Europe and North America. It has increased its global workforce by 30% and now has over 75 channel partners.
“Magnolia has invested in the development of a proven platform that enables companies of all sizes to deliver engaging customer experiences and embrace digital business,” said Boris Kraft, Chief Visionary Officer. "Magnolia has also shown that content management systems can be the center of digital business strategies, uniting marketing, sales, online commerce and mobile applications."
When it comes to tools that can help businesses reach out to more and more people, customer relationship management (CRM) systems are some of the most important currently being used. In a nutshell, CRM systems help companies keep track of customer information, with automation and organization of data being crucial elements of the software. As technology has evolved, so have CRM systems. Every year brings about new advances, and businesses have needed to adapt to keep up with all the changes. Predicting what’s to come can help organizations prepare in advance. As companies look to the future, they’ll notice several trends that they can be ready for well ahead of the rest of the pack.