Tag Archive: Business

IB Technology ? Business Solutions, Technology Consulting, Technology Services

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IB Technology Solutions Inc (IB Technology) is business solutions, IT consulting and IT Services Company. It is a part of the Indiabulls group of companies (Net worth USD 4 Billion). The group achieved a Profit after tax of USD 225 million in the last financial year. All the group companies are well funded and occupy leadership positions in their respective business areas. IB Technology aims to become one of the top 10 players in the software services business in the next 5 years. Our expertise spans across a diverse range of offerings such as Application services, Independent Testing Services, Business Process Outsourcing, Infrastructure Management Services, and Mobility Solutions.  We have deep business expertise in the domains of Financial Services, Capital Markets, Real Estate and Telecom.

IB Technology’s unified implementation framework is the medium that allows IB Technology to align completely with the client’s business requirements and to provide solutions that are robust, secure and goal oriented. This unique framework has helped IB Technology in implementing solutions successfully across industries and geographies. The framework creates a Person to Person mapping between our onsite consultant and offshore delivery manager to ensure that business needs and the project delivery are totally integrated. The onsite and offshore teams are integrated through the shared infrastructure. The offshore team is always available through multiple mediums such as Skype thus ensuring complete connectivity. The framework eliminates the traditional “Throw over the wall” approach and ensures that the customer expectations are met in all deliveries. This focus on total integration ensures risk mitigation, quick response and success at all levels.

Your technology decisions need to serve your business goals to deliver value. You need to entrust your technology to a partner who is not focused on bringing down you short term costs through cost arbitrage but is more focused on maximizing the total return on your IT investments. IB Technology has served as the IT backbone of various large enterprises. We help you to implement technology solutions that make your operations and service delivery more efficient. IB Technology always focuses on ensuring complete integration with the client needs to ensure risk mitigation, quick response and success at all levels. Our value proposition is based on superior solutions through business innovation rather than only cost arbitrage. Our core focus is on delivering long term value for the customer rather than only on short term cost savings. Clients across the globe have utilized our services to use IT as a strategic tool for long term competitive advantage. For More Information –> www.ibtechnology.com

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Impact of Technology on Business

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Together with the advancement of science and technology, technological innovations grew along with it, resulting to the emergence of new equipment and gadgets. No matter how big or small your company is, technology brings both intangible and tangible benefits to become cost efficient and to meet the growing demands and needs of customers. Technological innovations affect corporate efficiency, culture and relationship among employees, clients, suppliers and customers. The type and quality of technology used affect the security of confidential business information.

Due to the burden brought by administrative tasks, like inventory, bookkeeping and records keeping, both big and small companies rely on computers to do their administrative works. The birth of Internet and online social networking sites tremendously decreased the costs of business operations. It also makes it easier for companies to use the Six Sigma management methodologies. Some firms shifted to outsourcing instead of hiring their own personnel due to the low costs associated with it. Because of the huge impact of technological innovations to companies, it is impossible for them to live with it.

Commonly used high technology equipment:

Computers

Photocopier

Telephone

Computer printer

Internet

Paper shredder

Multimedia projector

Touch screen monitors

Computer mouse

Laptop computers

Advantages of Technology to Business:

Customer Relations. Technology affects the way companies communicate and establish relations with their clients. In a fast moving and business environment, it is vital for them to interact with clients regularly and quickly to gain their trust and to obtain customer loyalty. With the use of Internet and online social networks, firms interact with consumers and answer all their queries about the product. Establishing effective communication with customers not only creates rapport with them, but it also creates strong public image. It allows business enterprises to reduce and to cut carbon dioxide emissions.

Business Operations. With the use of technological innovations, business owners and entrepreneur understand their cash flow better, how to manage their storage costs well and enables you to save time and money.

Corporate Culture. Technology lets employees communicate and interact with other employees in other countries. It establishes clique and prevents social tensions from arising.

Security. Modern security equipment enables companies to protect their financial data, confidential business information and decisions.

Research Opportunities. It provides a venue to conduct studies to keep themselves ahead of competitors. It allows companies to virtually travel into unknown markets.

Corporate Reports. With technology, business enterprises communicate effectively with their branch offices to deliver quality financial and operational reports.

Industrial Productivity. Through the use of business software programs or software packages, it automated traditional manufacturing process, reduces labor costs and enhances manufacturing productivity. It enables companies to increase efficiency and production output.

Business mobility. Technological innovations improved companies’ sales, services, shorted lead time on receiving and delivering goods and services. Enables them to penetrate multiple markets at least costs.

Research capacity. It enables them to conduct studies on various companies to gain knowledge on the new trends in the market and way on avoiding them.

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Technology Benefits Business

If your mid-sized electronics business maintains from 3 to 25 locations, POS retail software technology can really benefit your business. If you had previously researched this technology and found it to be expensive and hard to use, you should know that things have changed. Now you can find a POS retail software supplier that understands the economic challenges most businesses are going through. These suppliers use low-cost Software as a Service (SaaS) platforms that allow for web-based implementation rather than using expensive on-site servers.
A benefit of using a SaaS hosted POS retail supplier is the pay-as-you-go monthly subscription rather than expensive long-term contracts. POS retail software suppliers know you need cost-effective yet sophisticated tools to help grow your business. They work to integrate the POS retail software with your existing tools and hardware. This means you can use your Mac or PC and its current operating system and your existing barcode scanners and credit card swipes. This eliminates the need to purchase hardware to run your POS retail software and also shortens the learning curve.
The beauty of these state-of-the-art POS retail software systems is in their simplicity. Because they are user friendly, you are quickly up and running. Training is completed around your schedule and is usually web-based. Using the latest technologies, POS retail software suppliers help you to manage your information matrix from any location. Gone are the end-of-day or end-of-week reports. You will be using real-time information whenever you are ready for it.
POS retail software service companies offer unique products and services. By asking questions about their products and services you will be able to find the POS retail software service company that best meets your needs. Whether you sell electronics or sporting goods and you have 25 stores or 3, your company will benefit from a real-time POS retail software system. Working with an experienced company that has completed thousands of installations is the best way to get what you need. Because they have the experience, they can individualize your hosted POS retail software to your exact needs and provide your business with the solutions it wants.
Using SaaS POS retail software brings definite benefits. If you have a customer who cannot find a specific product at one of your locations, your POS retail software can immediately find that product at another location if it exists. By having this information immediately, you may be able to save a sale and create a returning customer. Increase in sales is a definite benefit of POS retail software systems. Another benefit is reduced costs. By knowing how much inventory you have and where it is at all times, you can more efficiently place orders for additional merchandise. You will have no problems with double orders because you will receive a notification each time an order is placed and will be able to catch any doubling that may try to occur.
Another benefit to POS retail software is the ability to track sales by time of day. This means you can see exactly when each location is the busiest and plan employee work schedules appropriately. As you can see, SaaS hosted POS retail software helps in many areas, which increases your profit margin.

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Technology For Flourishing Business

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Higher business opportunities and contracting gaps in the domain of business on the globe through Internet, has given rise to intense competition in the global market. People now can exchange offers, deal from one region to another, target different countries customer for their own use in business. Therefore, Internet has eventually transcended the international barriers that were earlier present due to no communication or least source of communication. Every business organization target some specific audience to excel but they can now outreaching clients through exceptional website developed by ace Web Development Company.

To organically attract more clients, there is a need to develop creative website which should be user-friendly, catchy, informative and Seo complied. If the website has all these above characteristics then nobody can overlook or overtake you in fetching global business. It is not possible for business firms to create web page of their own which is only possible through hiring some well expert Web Development Company. You can easily hire some company offering proficient services of web designing and complete web solutions to make your online presence effective while beating the competition.With the advance technology, you easily reach your clients on video chat, verbal chat, electronic money transfer, online banking and many more. You won’t have to even meet them personally to fix a new deal when it can be fixed online. However, for every possible thing you need to have superior services as well from the part of established names which also require timely delivery and dedication towards work.

You must keep a tab on few features when looking for website designing company as your business ultimately relies on their hardwork and expertise in technology they will put into your webpage. So it would be better for you to determine some of the factors before hiring company:

Before going through anything, just look at their portfolio which will say everything you need to know. A strong portfolio of IT firm defines capabilities, projects undertaken and completed, achievements and their clients. Moreover, their work can be easily determine with the feedback on their website which will all the more strengthen your decision to hire that company or not for the better results in future.

To achieve results sooner, it is always better to select Expert company having more knowledgeable employees.

Cost-effective website designing is a better idea but don’t compromise on quality. Budget is important aspect to consider so plan your website accordingly.

Get your website designed using latest technology which is important not only for user but for clients as well.