Archive for May 2010
Running your own software company is going to have a number of start-up requirements. Startupnation.com says there are six cost categories for new companies:
1. Cost of sales
2. Professional fees
3. Technology costs
4. Administrative costs
5. Sales and marketing costs
6. Wages and benefits
Give thought to how these costs categories will be weighted across your own business and which categories you are unlikely to skip.
Altabel Group Company
I am interested to know your thoughts on this and I suggest the following options:
1. small capital, special knowledge, specialists’ support
2. good business idea
3. big money and professional ties
4. it’s quite hard nowadays
Please feel free to leave your comments here.
Altabel Group Company
If you are an entrepreneur or a small business owner looking into the mobile application industry, either to ride the wave or to capitalize on the fact that your customers are spending more time with their phone, this post could come in very handy :)
Bellow you may find some thoughts on how the Mobile Development industry will evolve in the nearest future.
Micropayments within mobile applications can be used to upgrade basic app to a premium version, purchase game items, digital content or even small gifts for friends. Mobile bill payments and micropayments for digital content consumption continue to grow in the future.
2. Enhanced Security
Better security for mobile application platforms is expected. This is especially important when more users are conducting financial transactions and life streaming using their phones.
3. Business App Store
With all the mobile platforms targeting their app store towards average consumers, the introduction of a business app store is imminent.
4. Location-Based Technology
Location-based technology or GPS technology received the most buzz in 2009 and we expect it will continue growing this year.
5. Social Based Applications
Social networking activities certainly do not end when you leave your computer. We are already seeing a great number of people tweeting and updating their Facebook status on-the-go, not to mention those who are posting videos and photos to services like Twitpic and 12seconds using their mobile phone.
6. Augmented Reality (AR)
Augmented reality (AR) is a term for a live direct or indirect view of a physical real-world environment whose elements are merged with (or augmented by) virtual computer-generated imagery – creating a mixed reality.
7. High Entry Barriers for Fledgling Developers
Developers that are new to the scene and without much support will face trouble getting user adoption. Not only that there are already tons of mobile applications out there, established developers have better advantages in terms of capability to introduce new features over a short time span as well as the resources to adapt and test their applications on new platforms.
8. Mobile Application Advertising
The increasing number of mobile application users opens up another advertising channel for brands and businesses. This is definitely good news for developers.
9. Importance of Marketing for Applications
There are already hundreds of thousands of mobile applications out there. In order to stand a chance, developers or mobile application entrepreneurs need to know how to market applications developed by them.
10. HTML 5 – Native Apps vs Web Apps
How will it affect the mobile applications space? Well, phones with a mobile browser that has HTML 5 rendering capabilities will be able to run web applications directly without any downloading and installation of apps. As for developers, there will no longer be a need to develop for different mobile platforms.
What other trends do you think will be likely this year for the mobile applications industry?
Your opinions are welcome!
Altabel Group Company
Recently there has been an interesting discussion about Silverlight penetration and market share. As always, people tend to connect Flash and Silverlight and use the market share as a single most important metrics – but here, I’m sharing some really cool, interesting and surprising (?) facts about Silverlight market share.
So, here are some cool facts about Silverlight penetration and market share for your enjoyment…
– Did you know if you were to combine all of Apple’s product line sold to date, they still wouldn’t reach the number of Silverlight installs we have today?
– Did you know it took Firefox 7 years to reach the total number of installs Silverlight has, and Silverlight did it in 9 months?
– Did you know it took Flash 6 years to reach the total number of installs Silverlight has, and Silverlight did it in 9 months?
– It will take bloggers 1.4 years to generate the same amount of new blog posts to match Silverlight installs today.
– If you combined MySpace + Facebook + Twitter subscribers you’d still be short on the total number of Silverlight installs that are in place today.
Silverlight penetration rate – updates.
I am adding some more information regarding Silverlight penetration rate and market share.
1. There have been 300 million installs in about 4 months.
2. Worldwide, over 1 in 4 computers (over 25%) has Silverlight installed.
3. Silverlight is not being distributed as an automatic update through Microsoft’s Update mechanisms – it is an optional update and it will never install unless you want it to be installed.
So It would be nice if you are ready to express your own opinions and give some comments on the following questions:
1. What do you think about the future of Silverlight technology? Is it possible for Silverlight to replace Flash?
2. Have you ever worked with Silverlight? What advantages and disadvantages do you see in using this technology?
Welcome with your thoughts!
Altabel Group Company
I’ve recently asked a question on LI about top 5 IT Industry Trends. Cloud computing was mentioned practically in each response. So this points to the fact that cloud computing is all the rage.
But why is cloud computing a major transformation of the IT/software industry and not just another overhyped trend?
Firstly, cloud computing solutions are delivering measurable business benefits, and generating customer deep satisfaction and referral rates.
Secondly, corporate executives and end-users need and want to have a better way to acquire and utilize technology and business applications to meet their rapidly changing business and workplace needs.
Thirdly, a new generation of workers who have grown up online – are entering the market and will demand web-based services to do their jobs.
Finally, because today’s tough economic climate demands that organizations of all sizes fundamentally change the way they do business, and few will resist the temptation to revamp the way they procure and use technology and applications so they can get a better ROI at a lower TCO.
“Usage of cloud computing is not something fancy anymore but day-to-day reality of many small and medium businesses as well as ordinary users of PCs/devices connected to Internet. That basically means for software vendors that either you are starting doing something in the area or you are going to be out of business pretty soon.”- says Ruslan Papou, director of Altabel Group Company.
Much like the open source world, the cloud computing environment enables users to take advantage of a wide assortment of piece-parts from a variety of sources to create their own solutions for various project and production purposes. They both rely on incredibility of economical development resources and generous community-minded contributors willing to share and swap ideas and outputs.
Have any thoughts? You’re welcome with your comments!
Altabel Group Company
Let’s share ideas on hottest IT topics and questions:
– Release of .NET 4 and Visual Studio 2010. Is that so revolutionary as you have expected?
– Do you see any languages alternative to “Big THREE” in the future? Do Ruby, Scala, Groovy or Python have a chance to become more than niche players?
– Which technologies have bigger potential for Web and RIA development? Flash, Silverlight or HTML 5. Do you think Flash will die out soon?
– Cloud computing – does it really make sense despite all the security, privacy, network latency risks?
– What tendencies do you see in mobile applications market? Some experts are highlighting geo-location ‘check-ins’, sensor applications, mobile social networking and ‘augmented reality’ apps. Do you agree? State your point if it differs.
You are welcome to discussion. Add your 50 cents below :)
Follow the trend or create a new one? How company should act in order to be called innovative and pioneering?
Below you may find research-based action tips for improvement of innovation performance in your very company.
1: Conceive of innovation as a business discipline, and then manage and execute it systematically. Please make it an end-to-end uniform process, from insight development and idea generation to development and marketplace launch.
2: Craft a precise definition of innovation’s role in the overall corporate strategy based on the company’s industry, market, and competitive environment. Define specific goals. What innovations do you need to build a sustainable competitive position and what value are the innovations expected to generate? Make innovation definition broad enough to no one be let off the hook. It is perfect to end up in the situation when [innovation is about continuously finding new sources of value and therefore executives are looking at the processes they currently have in place for identifying new sources of value, setting up teams to explore and execute around those sources, managing the teams, and measuring results.]
3: Focus much more time and resources on breakthrough, long-term, game-changing innovation. Play for high stake delivering breakthrough innovations based on “big bet” initiatives and spend less time on incremental innovation that yields only short-term benefits.
4: Take more risks, reward failure, and encourage continuous improvement. Thinking big and acting big will lead you to breakthrough innovations. Cultivate such skills and make them a corporate culture. It’s vital.
5: Measure innovation performance and results as you do other business functions, such as marketing, strategy, and operations. Keep your eyes open all the time: track detailed, disciplined, and consistent metrics about innovation performance, measure past success and estimate the future market impact of new products.
6: Focus on the customer experience and less on technology. Zero in on a problem looking for a technology solution rather than a technology solution looking for a problem. Listen and hear the very voice of the customer. For this use ethnographic, best-practice observational customer understanding techniques. You can’t develop something just because a room full of engineers think it’s cool.
7: Embrace open innovation and open innovation tools. Use external sources as far as keeping all innovation activities within your company is a recipe for failure.
8: Encourage idea generation from everywhere, both inside and outside your company. Include everyone from the highest levels of the company to the lowest. Often the most innovative ideas are submitted by junior employees.
9: Consider appointing a chief innovation officer and setting up a uniformity of command for corporate innovation accountability. As per research [there is a direct correlation between the level of successful innovation within companies and the presence of a chief innovation officer or any responsible.] Designating an executive to be accountable and leading innovation execution report results in [dramatically higher satisfaction levels across all aspects of their innovation performance.]
10: Have a dedicated budget for innovation. You will need an adequate level of resources to fund the innovation infrastructure. Just appointing a chief innovation officer isn’t enough.
To sum up the above stated try to combine innovative sole and brains, thoughts and actions and you will be able to achieve growth through innovation. What do you think of this? Would you use these tips or just consider them to be high-flown words?
Welcome with your opinions!