How important is an entrepreneur to the growth and success of a startup?
There is the story of how Steve Wozniak remained a kid in the basement making
computers till Steve Jobs came along. There is also the story of how Jeff
Bezos started Amazon without the need for a co-founder to help him out. So
what's the verdict? Well, the answer is - it depends.
Trust In Partnership
Partnering in a startup is all based on trust. And who better do you trust
than a friend or a close relative who could possibly complement your skills?
But according to Jay Barnett, the founder of Priority Pickup, friendship and
money don't mix. Writing on the Next Web, Jay points out that disagreements
are an inevitable component of founding a startup with a co-founder. And when
they do happen, it is a lot of distraction that could veer your startup away
from its intended path.
Complementing Skill... (more)
The focus of a BI professional in an organization is to help get the right
information to the right decision makers at the right time. In modern times,
Big Data analytics has been one of the primary sources of business
intelligence acquisition. Tools like Hadoop have revolutionized the way
enterprise businesses interpret the millions of data points that they own
about customer behavior and turn them into meaningful inferences. But before
the data reaches this stage, it passes through the several modules of an ERP
system - an ERP system handles the whole gamut of operations right ... (more)
A study of 1358 respondents have shown a dramatic rise in cloud adoption over
the past few years. North Bridge Venture Partners, in partnership with GigaOm
Research have published the results of the 2014 Future Of Cloud Computing
Survey – according to this report, SaaS adoption has grown fivefold since
the 2011 to 74% today. PaaS, on the other hand, has seen an even higher rate
of growth; a six-fold increase over the past four years to 41%.
The study throws some interesting insights on the growth of various
cloud-based services. IaaS, which stands for Infrastructure-as-a-Service, ... (more)
Enterprise Resource Planning has traditionally been a software for large
corporates with million dollar technology budgets. But that has been changing
over the past decade with the advent of cloud based ERP systems. According to
a survey conducted by Sage, nearly 30% of finance managers at UK based SMEs
believe that cloud could make ERP more affordable or viable to them. In
another study published by Gartner, the top five fastest growing ERP vendors
today are all SaaS companies. Even the larger, mature SaaS players like
NetSuite have registered exponential growth rates of nearly ... (more)
Oracle has sounded extremely optimistic about their future; one that is going
to be dominated by the cloud. The company has reported cloud revenue growth
of anywhere between 35% and 50% over the past few quarterly financial
reports. Safra Catz, the Chief Financial Officer at Oracle is noted to have
said that her company is focused at increasing market share on the cloud at
this point “unlike all those cloud companies” like SalesForce that are
focusing on profits.
So is the company seeing a paradigm shift in their revenue pie? Not really.
Despite the buzz about Oracle’s focus be... (more)