Author: gaia

Innovative Startups: Growth Is More than Money (Content Princess – SEO)

India has the distinguished honour of being in the top 5 countries in the world for innovative startups. There have been many recent startups in India that have mastered the art of expansion in every type of business from food to community. The booming growth and economic power add steam to this tidal wave of innovation. However, companies need more than money to appropriately and successfully scale up new businesses.

Steps to Success: Build a Brand

One of the most important aspects of growing a business is building a recognisable brand. Startups often begin with a fantastic idea that could change the landscape of business, but without a recognisable logo and value structure, the company is unlikely to drive forward into a larger entity.

Wow!Momo is a perfect example of branding. Their logo is instantly recognisable, even from a distance, immediately attracting attention and attracting customers. This may seem like a difficult task, but there are companies available that can assist you in building a strong, visible brand. Don’t be afraid to outsource!

Steps to Success: Market Targeting

If you have a great product or company, customers are sure to quickly and easily find out about you, right? Wrong! To properly scale up a business, you need to reach out and find more customers. To find new customers, you conduct market targeting. Market targeting will help find your consumer base and let them know your company exists. Successful targeting can bring in new clients by the thousands giving your business the foundation it needs to grow.

Batman Delivers an ideal example of a company with targeted marketing. Using a darker superhero image plays well to the late night video gaming crowd who would use their anytime delivery service. Do you know how to approach market targeting? If not, there are consulting companies (often the same ones that can help with the brand building) that can help you achieve good marketing.

Steps to Success: Finding Talent

One of the most challenging aspects of growing a business and scaling up production is finding and hiring the proper talent. With good people, your business could grow exponentially through the application of skills. The main trouble is finding those people. There are a great many options for finding talented people but if you don’t have the expertise or the time, consider using a specialised company to do it for you.

Steps to Success: Social Media

Nowadays, social media can be either a hindrance or help to scaling up your business. Social media can provide a broad audience and customer base, but if your company is poorly represented, the word can spread quickly.

The key to social media is a polished presence. PassItOn is an excellent example of a company that has a strong social media presence. They have great looking photos and videos and stay connected with their audience. There are many consultants available if you aren’t tech savvy but the most important part of social media is to make sure you’re engaged with people.

Steps to Success: Networking

While social media can lead you directly to the customer, networking can lead you to expansion opportunities. If you are creating a product, proper networking can lead you to stores that could carry your product. Likewise, a service provided well to one company is often recommended to other businesses.

This can be one of the hardest steps to complete when scaling up your business. What do you do if you don’t have industry contacts? Find a company that does! There are consultants out there whose sole purpose is to help network your product to larger companies. Another approach could be to use professional networking sites such as LinkedIn, but cold calls are often ignored when this method is taken.

Conclusion

When looking to scale up and grow your business in India, look beyond funding. Funding is a good start but to be truly successful you will need a strong foundation of support in talent, marketing, branding, and networking.

Keywords: Startups, innovative, brand, scale up, business, market, company, targeting, grow, India, success

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Why and How do downstream fast supply chain systems benefit from IOT? (Content Strategy – SEO)

IOT (The Internet of things) has trended very popularly with manufacturing and businesses. A research firm (Gartner) has researched the huge surge and predicted that by 2020 a supply chain system would operate significantly different than in the past.

How does IOT impact the supply chain system presently?

Currently IOT offers the following:

  • M2M (machine to machine) contact
  • Devices can be monitored, and instantly recognised if not running correctly.
  • Everything will be internet connected.
  • Supply chain leaders can gain much more information on their technology.

In 2015, the IOT market was sized at $900M – McKinsey (see source) predicts that by 2020 the industry will grow to over $3.7B.

A downstream supply chain system

Downstream just means where the company takes part in production; upstream is manufacturing raw materials, whereas downstream is closer to the end user.

Although IOT is very vast amongst business and isn’t a one size fit all, we can use the oil industry as an example and how the players have benefited from using the internet of things.

Upstream supply chain system

Production and exploration

Midstream

Transportation and storage

Downstream

Petroleum retailers and refineries

Let’s look at the benefits of IOT for Petroleum retailers.

The figures:

In previous years’ oil rose to $100 per barrel. However, new technologies recently enabled prices to drop to $20 – $30 per barrel.

This has resulted in well-performing oil companies to preserve top and bottom lines.

Source here

How does IOT help with a downstream supply system?

It will solve a lot of challenges that petroleum retailers face, especially with the following factors:

  • Outlets will be better at organising assets.
  • Easily manage supply chains.
  • Better customer relationships.

Most lucratively, IOT will provide information on every element of their business.

This can include monitoring of petrol pumps, equipment, health and safety, precise logistics handling, stock control and IT equipment.

Can it help downstream players with marketing?

The new IOT system offers more efficient advertising, by expanding visibility into the hydrocarbon supply chain and reaching new consumers through digital marketing.

This is just sticking to the example of a petroleum company; it can fit any business to improve performance, reliability, save costs, and work to maximum efficiency.

How IOT can change how downstream view suppliers

The system can provide retailers of all the suppliers available, an accurate reading of delivery, who’s got the best value stock and to check their reliability.

This will cause much heavier competition between the suppliers, as areas where they lacked before, will need more attention because of higher visibility to clients.

In Summary

Looking at why and how IOT can help a downstream fast supply chain system, we can see the countless benefits it can do to improve a business – and it doesn’t stop there because it’s only still the beginning with this new technology.

When we do reach the year 2020 (when the IOT industry is expected to expand in value by $3), the technology available will ultimately change how the business landscape works altogether.

Keywords:

IOT, supply chain system, the internet of things, upstream supply chain system, downstream supply chain system, How does IOT help with the downstream supply system? How IOT can change how downstream view suppliers, hydrocarbon supply chain, improve business performance

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Industry 4.0 Series: Inside the factory (Content Strategi – SEO)

Industry 4.0 means that the number of network-connected sensors and devices could more than double or perhaps triple to 23 billion by 2021.  This type of mass explosion of the Internet of Things forms a technology that includes the capability of advanced analytics which helps the business decision makers make better decisions involving the changing vision of the business space.  The current usage with the anticipated future usage promises to change the face of manufacturing forever. 

U.S. Manufacturers

In the United States alone more than one-third of the participating manufacturing companies use IoT processes. Based on research done by the IndustryWeek research team (www.ge.com/digital/sites/default/files/industrial-internet-insights-report.pdf), more than half of the U.S. manufacturers use IoT to collect machine data and a significantly smaller percentage of 44{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} collect data from sensors embedded in their products. They use the sensors as a critical component in their management research and consumer research as it proves to be a reliable and widespread indicator of consumerism. More and more industries and management are ready to include IoT into their processes for data collection and product usage. 

Network Security

Many of the U. S. Manufacturers using the IoT manufacturing data collection processes report that there are still issues that need to be resolved in the data collection processes of using the Internet of Things as their only data collection efforts. One of the issues is the network security and data collection capabilities. http://www.pwc.com/us/en/industrial-products/next-manufacturing/big-data-driven-manufacturing.html. The concern for security management is at the heart of most of the objections to using the IoT, but those are finding out that networks are sophisticated to handle the data collection that is embedded in products that the concern is lessening. 

Concern for Security

A concern still exists for the internal network of a manufacturing company being able to scale up to handle the increased requirements for them. Many management companies are monitoring current usage and depend on Network Solutions Company to help them scale to unbelievable levels to handle the IoT requirements. Current IoT has built in capabilities to monitor the working systems and gauge as usage becomes abnormal or needs improvement. Some improvements to the system include development equipment time, using the data to open new markets and measure machine performance and of course quality control of products to ensure the best quality.

Analytics

Using IoT American manufacturers are forced to become more analytical in their critical management decisions. For example, the IoT requires constant monitoring of network usage.  This requires increased training for current staff and the employment of the directorate staff that are versed in network processes. The ability to overrun the competition is, of course, the end run of the business, but it is important that the IoT companies use the analytics that is generated to the most productive advantage of the enterprise.

Human Resources

Collaboration in many departments that historically did not interact becomes increasingly important in IoT management and manufacturing.  Human Resources now form an integral part of the management team in addition to the keeper of benefits. Having the appropriate personnel to handle and understand the analytics is imperative to the growth of the company.

Keywords: IoT, Manufacturing, Collaboration, Management

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Why the Construction Industry Must Align with the Current Mobile Digital Revolution (Content Strategi)

Mobile digitisation is growing at an exponential pace making application development and deployment more convenient than ever. To remain competitive, the construction industry must align with ongoing trends and embrace the mobile digitisation revolution on an organisation-wide basis.

The Nature of Mobile Digitisation in the Construction Industry

As per the Roland Berger study, an increase in the productivity of the construction sector is desirable, since there was only a 4{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} improvement during the past ten years, implying that these companies were far from being competitive. Even with the widespread availability of sophisticated mobile applications, only 3{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} construction industry players realise that digitisation is important.

Digitisation can affect companies regarding improving access to stakeholders including customers and suppliers, ensuring optimal data usage, enhancing automation, and promoting better connectivity.

Digital applications create endless possibilities regarding saving costs, focusing on logistics, optimising the supply chain, and making economical storage possible.

Contributions by Next-Gen Visual Builders

Contemporary visual builders for mobile applications enable a wide range of capabilities regarding front-end features, back-end capability, data processing ability and workflow management aspects. Construction industry players can instantly take advantage of drag and drop UI editing features, with full support for modules, optimal navigation structuring, customisable properties, single-click publish, and testing on real devices. Visual business data binding with embedded maps and graphs from multiple data sources, support for complex logic and workflows and convenient app distribution empower construction businesses.

A Note about Democratising App Creation

Democratising the mobile development process is desirable since it enables employee empowerment across the organisation for true business transformation and innovation. Mobile apps which are in line with the expectations of users regarding simplicity and create code automation environments which make it possible to achieve ideas.

Democratisation makes it possible to transform a vision into a running app for iPhone or Android, which can be designed instantly, and although not production-ready, is available on the app store, and can be a magnet for stakeholders and investors.

The Future – Bimodal IT regarding Gartner’s Vision

Gartner proposes a combination of traditional and modern IT practices in the realm of enterprise IT, which it calls Bimodal IT. As per Gartner proposal, future IT organisations will operate through two flavours, one based on the traditional IT approach for efficiency and stability, and the other based on an agile, experimental organisation, for least time-to-market and rapid evolution in a tightly aligned business space.

Bimodal IT can accelerate delivery of business apps. The characteristics of the two modes are designed to support different types of business projects targeted towards different business goals, from disruptive innovation to stability and maintenance. These different modes are available to cater to the differing needs of projects regarding requirements for business involvement, the requirement for frequency of updates, and faster turnaround times.

Two separate delivery methods which are in coherence with each other enable the advantages of predictability on one end of the spectrum, and exploratory approach on the other end. Simply put, there is a plethora of technological expertise available, and the present market is tuned to offer digitisation at its best to the construction sector. Construction businesses following a combination of traditional and modern business models are in the best place to decide the practices in mobile digitisation that will suit them best and take them to the next level.

References

https://dzone.com/articles/app-development-should-be-democratized

Assembly: The Art of Play & the Democratization of Design

The democratization of app building has created a new paradigm

http://www.cio.com/article/2875803/cio-role/what-gartner-s-bimodal-it-model-means-to-enterprise-cios.html

What does bimodal IT mean?

Bimodal IT and Remodeling Traditional IT for Greater Agility

http://e.huawei.com/us/publications/global/ict_insights/201701051027/analyst-corner/201701060859

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Advanced Technology Migration, Development and Maintenance Services for “Open Solutions” (Rank Princess)

Comprehensive Deployment and Ongoing Services via DOT NET, Oracle and SQL Server Platforms – A Journey of Cohesion, Scalability and Security for Banking Technology Provider “Open Solutions”

Geographically Distributed Reach and Broad Domain Expertise of Open Solutions

As a Banking Technology provider in the global domain, spread across geographies and catering to a wide customer base, Open Solutions carries a very broad portfolio of products and services. Their suite of myriad solutions is designed to enable technology to minimise workload and maximise efficiency for Banks, Credit Unions and service providers of Financial Services. Open Solutions primarily automates Core Banking and General Ledger Activities for its clients, in addition to Customer Relationship Management.

Open Solutions’ Unique Market Position in the Banking Sector

Open Solutions has gained broad market acceptance based on its ability to deliver fast paced customer centric solutions, which are user-friendly and reliable.

  • Clients depend on Open Solutions primarily due to the integrity and dependability of the underlying technology support system.
  • Open Solutions is constantly looking for ways to modernise its technology architecture that can cater to bulky, time intensive calculations. The speed and accuracy of the solution are paramount to remain competitive in the Banking market.
  • Due to the nature of the domain that Open Solutions operates in, a secure system is a top priority for every client associated with Open Solutions. As a result, all systems deployed by Open Solutions are built on a rigorously tested and impenetrable security layer.

To provide the best of breed applications to its clients, Open Solutions is continually looking for interoperable and scalable technology solutions with the aim of maximising their customer satisfaction.

Core Challenges Faced by Legacy Technology Architecture of Open Solutions

Open Solutions, in their endeavour to expand business operations underwent a number of acquisitions of companies in the similar domain. Evidently, this led to the integration of a number of products that were built on multiple technology platforms.

  • Low Efficiency and Speed – Overtime, the overall efficiency and speed was compromised due to the presence of multiple software platforms that were unable to perform smooth handovers.
  • High Costs – Even when higher costs were incurred, the legacy system failed to provide expected results.
  • Issues During Customisation – Customisation of existing products was difficult since some of the modules were hardwired into the code. Besides, it was time-consuming and sometimes led to a loss of integrity.
  • Scalability Concerns – Scalability was a major issue and support for localisation and internationalisation was becoming increasingly difficult.

When Open Solutions found themselves overwhelmed with the demands of multiple technology platforms that had to operate together to accomplish common tasks, they approached R Solutions for a planned software architecture.

Initial Need Assessment by Open Solutions

As part of the future roadmap and planning process, Open Solutions needed to accomplish the following shared goals:

  • The single technology platform for all products and services for smooth and seamless interoperability between application systems.
  • A secure and multi-channel architecture that would cater to cross-domain requirements, now and in future at a fraction of current costs.
  • A scalable system that is built with ease of enhancement and customisation of existing products and services.
  • A thorough analysis of the functionality offered by current suite of products and services and its comparison against industry standards to enhance existing functionality for customer delight.
  • A mechanism to ensure that client activities of over 300 banks and credit Unions across North America go unhindered during the transition. The need for a no impact migration process from the existing to the new software platform was identified as a critical objective.

While Open Solutions identified the need for a new software architecture, their underlying goals would be accomplished only after a thorough assessment and detailed re-design of the current system.

The legacy system at Open Solutions used three different platform architectures for their Core Banking, General Ledger and Customer Relations Management systems. The use of COBOL, Java, DB2, VB, Oracle, Centura and SQR produced a setback in major critical tasks performed by Open Solutions, compromising efficiency and effectiveness of software performance.

Proposed Requirements, Design and Planning by R Systems

R Systems put forward a detailed proposal entailing comprehensive Analysis, Design, Development, Testing, Maintenance and Support to meet future functional and technological goals of Open Solutions.

On the functional side, R Systems identified the need for a single interface for authentication and authorization of three different system user profiles. Seamless integration of all modules and advanced reporting was at the core of the proposal.

On the technology front, the goal of R Systems was to identify and implement the best approach through which all software systems would interoperate seamlessly. In this context, the final architecture would envisage the use of DOT NET architecture, backed by Oracle and DB2 through SQL Server and its reporting services.

  1. During the initial Requirements Gathering phase, R Systems performed an in-depth analysis of current system architecture and products. During this phase, R Systems identified design areas that needed refurbishment.
  2. The rather recursive and vigorous Development Phase focused on the production of a common architecture and authentication mechanism across products, the design of reusable components (DOT NET controls) and required Reporting capabilities in accordance with intended Regulations and Customizations. In the end, a no-impact migration procedure was carried out for the Database and Middle Layer
  3. During the thorough Testing Phase, R Systems imbibed Functional, System, Integration, Regression, Performance and Load testing alongside Release Management according to industry standards.
  4. R Systems is currently engaged in ongoing Support and Maintenance activities on the entire platform architecture devised for Open Solutions. R Systems provides regular defect analysis, timely hotfixes and system updates, and onsite as well as offshore implementation support when required.

The R Edge for Guaranteed Cohesion, Scalability and Security of the Proposed Solution

R Systems offered a competitive and cohesive unified platform architecture to Open Solutions by providing a Robust, Scalable, Interoperable and Secure Software Design.

R Systems enabled the competitive edge for Open Solutions across software development phases:

The Development Phase

  • During the design and development phases, R Systems focused on maximising customer satisfaction. This was achieved by ensuring that the software adhered closely to the requirements of Banks, Credit Unions, Thrifts and Financial Service providers catered to by Open Solutions.
  • Ever since the idea of a new system was conceived by R Systems, their goals revolved around providing an interoperable, distributed system. This objective was met through an interoperable, Distributed Accounting system. Besides, integration with third party systems including TEFBV, DOMI and SPEI was implemented
  • Extended functionality was always part of the planning process. As a result, key features of the new system included CECOBAN Clearing Processing, Regulatory Reporting, Interest Rebate processing, Bill Payment Processing and Bar Code support. Further, the system supported Reward program for Savings account holders, comprehensive Loan and Interest features including Debt Restructuring, detailed Taxation and reporting, VAT accounting and Inflation accounting to site a few.
  • Among other added conveniences were support for Thai calendar and User interface design in the local language.

The Migration Phase

  • The major activities undertaken by R Systems during migration were the deployment of a unified DOT NET framework to successfully eliminate all fragmented activities from the existing legacy system. The major work undertaken was for supporting a Distributed Accounting system and eliminating redundant functionality through the use of reusable components.
  • R Systems implemented a Single Sign-On feature as part of its interoperability core goals, including authentication and authorisation of system users and accomplishment of common functions including creation and maintenance of Customers, Members, and Accounts as primary entities of the distributed system.
  • Among important efficiencies introduced as part of the transition were ease of navigation throughout the application, increased usability and user friendliness, and easy plug and play and integration with third party applications.

The Support and Maintenance Phase

  • R Systems efficiently aligns the issues reported by Open Solutions along three different pre-determined strands for optimal resolution in minimum time frame. R Systems internally classifies these strands as Application Code issues, Operational Issues and Non-Issues.
  • Operational and Non-Issues are resolved by guiding the client to several Business processes.
  • To deal with critical issues that need immediate attention, R Systems supports Open Solutions thorough Hotfixes for the fastest possible resolution.
  • R Systems deploys the best minds as part of its support team to resolve all maintenance and support tasks via an Onsite – Offshore model.

The R Experience and How it Can Serve YOU Better in Your Projects

R Systems deployed one of the best platform architectures in banking domain for Open Solutions. This proved superior and highly competitive as compared with most other counterparts available in the market today:

  • Close Attention to Present Needs: The software solution was designed with close alignment to the needs of Core Banking, CRM and General Ledger requirements, which were critical to Open Solutions
  • Unmatched Software Architecture: DOT NET Platform over Oracle/DB2 and SQL Server reporting was the best choice of architecture for Open Solutions and their needs for an interoperable, distributed, reusable and scalable solution were met thoroughly and meticulously.
  • Cost Reduction and Efficiency Maximisation: Due to the nature of the software architecture, elimination of redundant activities, reusable functions and user acceptance came naturally with the deployment and migration to the new system. As a result, the new system was up and running at only a fraction of the current costs and performed the tasks with higher efficiency and greater throughput.
  • Successful Implementation of Major Enhancements: The new system proposed by R Systems carried many more features that were not part of the legacy system. The new interoperable system not only implemented desired functionality but also enabled scalability and easy plug and play to cater to any future requirements.
  • Thorough Support and Maintenance Function: The support and maintenance tasks undertaken by R Systems were critical towards satisfying the needs of Open Solutions. Thorough internal planning and classification of critical and non-critical issues through professional expertise was ideally deployed through an onsite-offshore model.

R Systems has a culture of innovative, transformational solutions that meet challenging expectation on time, and on target for mission critical application systems. Using a customer-centric approach, R Systems achieved high efficiency at reduced costs and seamless integration and scalability for Open Solutions’ architecture targeted at the Banking and Financial domain.

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Dandruff V/S Dry Scalp: Differences and the Best Treatments (Rank Princess – SEO)

It is very easy to confuse dandruff with a dry scalp because they are flaky and are found in the scalp area. Dandruff flakes are caused by excess oil in the scalp. When there is excess oil on the scalp, yeast forms on the scalp.

This yeast feeds on the oil and keeps growing, and thus, dandruff is formed. In dry scalp condition, when yeast feeds on the oil that is produced by the scalp, the scalp dries up. This causes the skin of the scalp to clamp and flake off. For this reason, people assume dandruff and dry scalp to be same.

How to Identify Dandruff from Dry Scalp

If your scalp seems yellowish white in colour, it is dandruff. Dandruff has larger and off-whitish flakes while dry scalp has flakes which are white and smaller. Dandruff Flakes are more difficult to remove from your scalp.

An easy way to identify dandruff from the dry scalp is to scratch your scalp and smell your fingers. If there is a certain smell, then that is the smell of dandruff.

Treatment for Dandruff

  • Vinegar- Every time you wash your hair, mix two drops of vinegar with water. Not only will it remove dandruff, but also make your hair shinier.
  • Keep Your Hair Clean- Wash your hair at least twice a week with anti-dandruff shampoo. However, do not overdo it as it may lead to hair damage and friskiness.
  • Lemon and Coconut Oil- A perfect remedy from grandma’s kitchen, the anti-bacterial properties of lemon are a sure treatment for dandruff. Just mix a few drops of lemon juice with coconut oil and let it seep through your hair. You will notice a visible reduction in dandruff in just one wash.

Treatment for Dry Scalp

The causes of the dry scalp are not as complicated as dandruff, and hence, the treatment is not as complicated either. Here are a few simple tips you can follow:

  • Let Your Scalp Breathe – To improve your dry scalp condition, you have to give your scalp a chance to breathe. Avoid using hair products that clog your pores. Leave-in conditioners, oils, etc. may have their advantages, but they don’t give your scalp a chance to breathe. It is better to stay away from them at least until the time your condition improves.
  • Use the right hair products – Using hair products according to your hair type is very important. Use hair products that give your hair the chance to adjust to the temperature of your surroundings. Use a moisturising hair shampoo, Avoid using dry shampoos as they tend to escalate the dry scalp condition.
  • Avoid scratching your scalp – Dry scalp causes a lot of itching, but you may want to resist the temptation of scratching. Scratching causes your scalp to flake. This not only shows on your clothes but also cause wounds on the scalp. These wounds will take a while to heal and worsen your dry scalp condition.
  • Drink Water-Always keep your body and scalp hydrated. Drinking water will help the blood circulation in your scalp, improving your scalp health.

LSI: Dandruff, Dry Scalp, Treatment for Dandruff, treatment for dry scalp

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Meet the start-ups Olympians Redefining Growth in 2016 (Rank Princess – SEO)

When a term or phrase gets over-used, the meaning falls flat over time. Like ‘epic’, for example. Or disruption, in the case of startups. Here are five startups who took a good idea and turned it into mind-numbing, unheard-of growth in 2016.

When the world is catching up to startup funeral parties, take a look at Deloitte’s list of startups which have posted inhuman growth figures. It should be no surprise to anyone that a significant part of the 500 is Chinese and Australian startups.

Chengdu Wolaila

Website: www.sposter.net

The number one spot was taken by the Chinese start-up Chengdu Wolaila. Via an internet portal called Sposter, this enterprise provides e-commerce and 24-hour express delivery services.

Using pin codes and special delivery boxes, this company has the distinction of completing a million deliveries a day. Chengdu Wolaila tops this year’s index with a staggering 25,239{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} growth, taking advantage of the Asian supergiant’s love for all things consumerist.

Puhui Finance

Website: www.puhuifinance.com

The job board of Puhui Finance is buzzing like anything. The last and the most important requirement for a customer service representative is ‘can work under stress’.

If the Chinese startup’s meteoric growth can be pinpointed to an effect, this would be it.

The butterfly effect of consumerist overkill in China is playing off here as well. Puhui Finance Information Service Co Ltd has recorded growth figures of 14,047{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}, providing easy lending to the masses through an app itself.

Seeing Alibaba, the success of these two should not be a surprise. E-commerce, logistics and consumer finance, the holy troika appears!

Byte Dance Ltd (Toutiao)

Website: www.toutiao.com

With a 30-something CEO Zhang Yiming, Byte Dance has redefined startup success in the heavily-controlled media arena of China. Toutiao or Today’s Headlines is the almost-addictive app which aggregates news by using Artificial Intelligence to curate content.

The latest reports put Toutiao’s user base at a mind-boggling 700 million, and an explosive 68 million regulars to heavily active users. These numbers have propelled Byte Dance to claim a growth figure of 13,085{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}, as put by Deloitte’s Technology Fast 500 Asia Pacific 2016 list.

Bringing up the last of the top five list of Olympian growth figures are two Australian startups, Cash Rewards and Property Exchange Australia Ltd.

Cashrewards

Website: www.cashrewards.com.au

Move over, loyalty points. Instant gratification has made you obsolete. Andrew Clarke had the brainwave of ditching loyalty points for straight-up cash rewards for shopping and named it exactly so.

Within a few years, this Australian startup has garnered over 100,000 subscribers providing AUD 150 million in consumer splurges. The modus operandi is simple: Log into Cash Rewards and start shopping frequently from thereon. Finish shopping, get cash-backs in a few days. Elementary!

And the growth shown by the startup – 12,469{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}. Chew on that.

Property Exchange Australia Ltd

Website: www.pexa.com.au

Property Exchange Australia Ltd, or Pexa as it’s known, is the quintessential example of technology turning an age-old process into a hassle-free, transparent process. Quite simply, Pexa has taken conveyancing, or the act of transferring land titles from a pen-and-paper based, time-consuming exercise to a paperless transaction. Now, this does not sound much, but considering the banks, governments, property lawyers and land registries – this is nothing less than heaven sent for the parties on all sides. Pexa, under CEO Marcus Price, has grown by 7,116{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} by providing a platform for the above. And that’s a good thing for a startup as any, isn’t it?

There has been news all this while about startup success and burn-outs. But as an edict in perseverance, innovation and technology, these top five start-ups are a welcome sign. All is not bad. Some fall, but some do fly. And when startup success is talked about, it will not only be about Google, Uber and AirBnB. There’s a lot more to the startup success story than meets the eye, and here’s the proof.

Now, be a good netizen and share!

LSI Keywords Used:
Startup success
Startup success story

In Story:

Australian startups
Toutiao
Chinese startup

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Meet the start-ups Olympians Redefining Growth in 2016 (Rank Princess – SEO)

When a term or phrase gets over-used, the meaning falls flat over time. Like ‘epic’, for example. Or disruption, in the case of startups. Here are five startups who took a good idea and turned it into mind-numbing, unheard-of growth in 2016.

When the world is catching up to startup funeral parties, take a look at Deloitte’s list of startups which have posted inhuman growth figures. It should be no surprise to anyone that a significant part of the 500 is Chinese and Australian startups.

Chengdu Wolaila

Website: www.sposter.net

The number one spot was taken by the Chinese start-up Chengdu Wolaila. Via an internet portal called Sposter, this enterprise provides e-commerce and 24-hour express delivery services.

Using pin codes and special delivery boxes, this company has the distinction of completing a million deliveries a day. Chengdu Wolaila tops this year’s index with a staggering 25,239{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} growth, taking advantage of the Asian supergiant’s love for all things consumerist.

Puhui Finance

Website: www.puhuifinance.com

The job board of Puhui Finance is buzzing like anything. The last and the most important requirement for a customer service representative is ‘can work under stress’.

If the Chinese startup’s meteoric growth can be pinpointed to an effect, this would be it.

The butterfly effect of consumerist overkill in China is playing off here as well. Puhui Finance Information Service Co Ltd has recorded growth figures of 14,047{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}, providing easy lending to the masses through an app itself.

Seeing Alibaba, the success of these two should not be a surprise. E-commerce, logistics and consumer finance, the holy troika appears!

Byte Dance Ltd (Toutiao)

Website: www.toutiao.com

With a 30-something CEO Zhang Yiming, Byte Dance has redefined startup success in the heavily-controlled media arena of China. Toutiao or Today’s Headlines is the almost-addictive app which aggregates news by using Artificial Intelligence to curate content.

The latest reports put Toutiao’s user base at a mind-boggling 700 million, and an explosive 68 million regulars to heavily active users. These numbers have propelled Byte Dance to claim a growth figure of 13,085{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}, as put by Deloitte’s Technology Fast 500 Asia Pacific 2016 list.

Bringing up the last of the top five list of Olympian growth figures are two Australian startups, Cash Rewards and Property Exchange Australia Ltd.

Cashrewards

Website: www.cashrewards.com.au

Move over, loyalty points. Instant gratification has made you obsolete. Andrew Clarke had the brainwave of ditching loyalty points for straight-up cash rewards for shopping and named it exactly so.

Within a few years, this Australian startup has garnered over 100,000 subscribers providing AUD 150 million in consumer splurges. The modus operandi is simple: Log into Cash Rewards and start shopping frequently from thereon. Finish shopping, get cash-backs in a few days. Elementary!

And the growth shown by the startup – 12,469{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}. Chew on that.

Property Exchange Australia Ltd

Website: www.pexa.com.au

Property Exchange Australia Ltd, or Pexa as it’s known, is the quintessential example of technology turning an age-old process into a hassle-free, transparent process. Quite simply, Pexa has taken conveyancing, or the act of transferring land titles from a pen-and-paper based, time-consuming exercise to a paperless transaction. Now, this does not sound much, but considering the banks, governments, property lawyers and land registries – this is nothing less than heaven sent for the parties on all sides. Pexa, under CEO Marcus Price, has grown by 7,116{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} by providing a platform for the above. And that’s a good thing for a startup as any, isn’t it?

There has been news all this while about startup success and burn-outs. But as an edict in perseverance, innovation and technology, these top five start-ups are a welcome sign. All is not bad. Some fall, but some do fly. And when startup success is talked about, it will not only be about Google, Uber and AirBnB. There’s a lot more to the startup success story than meets the eye, and here’s the proof.

Now, be a good netizen and share!

LSI Keywords Used:
Startup success
Startup success story

In Story:

Australian startups
Toutiao
Chinese startup

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How an Idea Made this Firm into a One-Stop Payment Solution (Rank Princess – SEO)

PushPay is a New Zealand based payment solution that proves to be more than just that. In 2011, PushPay was just an idea conceived by a man who, like many of us, had trouble making a payment. That idea has transitioned into a rapidly growing commerce exchange platform in just six years. Apart from empowering businesses, Pushpay also functions as a donation platform for various non-governmental organisations and churches across New Zealand, Australia, and the United States.

What Sets them Apart from the Other Payment Solutions?

While PushPay is a commerce flow facilitation platform, it also operates as a voice for churches and organisations who need donations for a cause. In this busy world, while most of us have the resource to donate money, we do not have the time. The co-founders of Pushpay, Chris Heaslip and Eliot Crowther wanted to eliminate just that. They have simplified the payment time to just ten seconds, which has made making payments an easy task.

Customer Friendly Monetisation

Pushpay enables a firm to contact their customer and thus establishes a good relationship between the two. This unique feature sets it apart from its competitors in the global market. Small or big, business is a business, in the view of this multi-national firm. The signing up and payment process is simplified to avoid any inconvenience that the customer may face while making a payment.  

The Idea of Giving, Anytime, Anywhere

This innovative initiative taken by this firm has given it a high reputation among Churches and Organisations alike who have the need to be heard and helped. Over 6,000 churches have partnered with PushPay. A customer need only spend less than ten seconds or five in some instances, to donate any sum he wishes to support the cause of a Church of their choosing. The Virtual Terminal/Envelope Giving allows the customers to make credit card, debit card, and ACH payments.

Leader in the Global Markets

The products offered by PushPay are based on the Software as a Service (SaaS) model. SaaS expert Jason Lemkin describes the exponential development of the firm as a “hyper-growth” based on his evaluations, having grown from an Annualized Committed Monthly Revenue (AMCR) of $1m NZD to $10m NZD in just a year and four months since its inception in 2011. Currently, the AMCR of the firm is an impressive amount of $28.01m NZD. Added to this exuberant figure, this company had set a record of servicing $500m NZD in the November of 2015 which was a huge $300m NZD more than its money flow in March of that same year.              

Generosity Drove Success

In 2015, the efforts invested by the co-founders bought them the ‘EY Young Entrepreneur of the year award’. The US faith-based market saw the emergence of two young men who set up a global platform for them to be benefitted. This initiative to improve faith and aid their cause has earned the firm applause even from the neighbouring faith-circle in Canada. The Firm’s social responsibility has made an impact on more the 150 million church-goers and led to its generosity-driven success.

The Question of Security?

PushPay has a highly secure cloud trade forum. Keeping in mind the importance of Privacy, the security developers of PushPay have made the donating and exchanging process, an easy one. This ensures that there is no room for data hacking or fraudulent activities.

Financial Partners

The steady growth of PushPay attracted globally reputed financial institutions such as Pie Funds, ASB, Visa, Mastercard, Watercare, and AMP to partner with them. The Auckland-based cloud commerce exchange platform has become a SaaS force to be reckoned with. Apart from its prominent service countries such as New Zealand, Australia, and the US, PushPay has established its network across Europe, Canada, and Mexico. The top-notch quality of service provided by the Exchange platform is the key to their success. 

Keywords

Commerce Exchange platform, Firm, cloud trade forum, commerce flow, payment solutions, cause, payment and donate.

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Is Pushpay Holdings a Financially Strong Company? (Rank Princess – SEO)

For companies such as Pushpay Holdings Limited which have small market capitalisation, financial strength is the deciding factor for their existence in the long run.

A low debt load may lead the investors to believe that the company has a strong financial base. However, financial strength is also governed by operating cash flows and earnings stacked up against debt.

The lack of geographic diversification is one of the major reasons for which such companies are highly affected by a downturn in an industry in the region, or in the country’s economy. So, investors often go for small-cap funds.

Well-versed investors, on the other hand, allocate to individual small-caps a small part of their portfolio capital, with the primary aim of improving its risk-return profile. But that does not reduce the risks that these companies face individually.

The Company

Pushpay Holdings Limited develops mobile payment solutions with primary operations in the United States. The company was incorporated in 2011 and has its headquarters in Auckland, New Zealand. The company creates a platform for electronic payments and mobile commerce and offers tools to merchants for engaging with consumers.

The solutions provided by the company comprise Event Registration, an instinctive solution that offers registration and sign ups, a collection of payments, and other process solutions to churches. Another product is 3D Touch. It is a built-in support technology to help make repeat payments by using its platform.

The company also allows app vendors to include a five-second giving experience within their mobile apps with a few configuration solutions by using Pushpay Fastpay. The Envelope Giving solution or Virtual Terminal allows the church administration to process the envelope based debit card, credit card, and ACH payments by using Pushpay.

Does Pushpay Holdings Have Enough Cash To Weather A Storm?

Even though Pushpay Holdings has low levels of debt, it requires a sound liquidity position to carry on operations in the event of a downturn. While evaluating financial strength, one needs to compare a company’s total debt to its current assets (both liquid and cash assets). Pushpay Holdings total debt ($1M) is easily covered by the current assets ($7M), giving the company enough control over its balance sheet to make it through a downturn.

Are the Earnings of Pushpay Holdings Sufficient To Service Its Debts?

A different way to look at the financial health is to compare Pushpay Holdings’ earnings with the interest obligations. Scrutinising the income statement will reveal both these numbers. These numbers are important in determining whether Pushpay Holdings can service its debt without any hassle during adverse conditions.

A ratio of interest payments versus earnings above 5x is an indicator of a strong financial position. In the case of Pushpay Holdings, the earnings cover the interest on debt pretty well (327.6x coverage).

Conclusion

Pushpay Holdings does well on the interest costs to earnings ratio. However, it fails to impress in the case of comparison between the operating cash flows and overall debt. It appears that Pushpay Holdings needs to increase its operational efficiency to be classified as a financially healthy company. 

LSI Keywords – Pushpay Holdings, financial strength, cash flows, current assets.

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