Archive for the ‘Business information’ Category
Information is power. And in these times of the Information Society, Global Network, and the dangers of intoxication, has also found a less extensive second statement. And is that information is business.
I have spoken, in dealing with irrigation management, enterprise business reporting. If instead of speaking from the financial perspective we do from the purely commercial, many of these firms have an interesting service.
And is the Commercial Registries screened providing information on newly established corporations, giving us information about your objects, administrators, location, etc… And we sell this information. His main argument, is that new companies are involved, so it will be easier to become your supplier. As you can imagine, has many nuances, but admit that very part may be true.
Another common example is companies that sell information about contests Administration, Grants, or the granting of licenses to build. And yet, had not seen something similar to what it offers the U.S. Company.
An organization with a product or business model that lets you get recurring revenue inertial runs the risk of the tyranny of cash flow. This tyranny prevents the organization see the strategic need to make changes, difficult decisions or to develop innovative process timing.
Live so many organizations from different sectors, some rooted in strategies based on the protection of cannibalization, historically the record industry, newspapers and publishers now. And other protected on the walls of their business model (model repeatability inert managers). Both, one day, the cannibals are knocking on your door.
It happens that these companies have a dairy cow, which is a name which the boys in the BCG (Boston Consulting Group) used in their strategic matrix to identify products with high profitability and low growth rate, consolidated as a source of recurring revenue (strategic orientation cash flows).
To balance the strategy, the liquidity provided by the “cash cow” should be used to finance innovative processes (more depth to put a bell on the cow), but actually serves to build a wall and lock the cow inside (what Jeff Jarvis in his book “And as you would Google?” lock called the dairy cow at the mine).
Gold jail is a former friend for companies in leadership positions, is the wall that prevents them from having a strategic vision beyond the mere fulfillment of targets (remember the old tell me how you measure me and tell you how I behave), which subjugates managers to the power of the bonus (bonus for achieving results, of course, more short-term vision).
What happened? Those changes had to occur much earlier, but its own executives were blinded by the influx of money that prevented them from seeing a model unsustainable. It is the dairy cow in the coal mine or the tyranny of cash flow.
There are several technical factors which should be considered for any company is the choice of enterprise information systems, is very important to choose profiles to assess these factors, especially the technical profile, which must combine a deep knowledge of solutions with business requirements. Competitive advantage that can provide organizations eligible to be considered and evaluated thoroughly.
1.-Standardization of business technology, allows us to use as a vehicle for integration and internal communications to support the consolidation of the corporate model
2.-Interoperability with existing systems and integration capabilities with third-party system
3 .- Reduced lock-in, in the sense of dependence on technology companies or suppliers, from the standpoint of cost changes
4.-version of the adaptation to the needs of the company, avoiding as far as possible because of developments that increase the cost of change.
5.-scalability of the system, such as the system’s ability to grow both in terms of incorporating new functions (vertical), such as adding new users with minimal impact (Horizontal)
6.-System Availability: Availability To identify conditions that require the companies to check whether their systems perform, for example the scenario of high system availability.
7.-Efficiency and Security System: The system meets necessary security requirements and requires a fair amount of hardware resources for the business process dimension.
This system has several conditions of effectiveness, speed and used for end-user satisfaction.
8.-Internationalization: If we are a multinational company or interacting in an international environment will require information systems that support these conditions (language, date, time windows, etc.)
9.-installed base of products: an analysis of installed product base will help us know the scenario to work, get a reference to the use and success stories.
We often hear about the importance of storing and protecting a company’s data, but more important to know what data should be safeguarded, and how. At COLT we talk about business information. This information is much more than an indefinite amount of data to be stored for later reference occasionally. This is vital information for a company, information that is used daily, often without giving more importance, but whose loss would result in closure.
The names and addresses of customers and suppliers, contact details of company personnel, financial accounts, or design ideas and intellectual property are part of the business information that companies must protect. In many cases there are also laws and regulations requiring protection, and this task falls not just IT staff but is the responsibility of all employees. Protecting this information is to safeguard the business, making it more reliable and ensure its continuity. To achieve this you have to take measures to prevent both the loss and its interruption, and prevent damage to sensitive information and systems that are vital for the proper functioning of the business.
For SMEs
SMEs working in highly competitive environments, and depend on a small customer base. Any loss of information would impact the entire business, with an effect that would be much more catastrophic than in the case of a large company. First, a disruption of their activities seriously affect the company’s financial situation further reducing an already tight cash flow. Secondly, a security breach the company would harm the reputation he has in front of customers, an effect that would last long term.