Cloud Computing Revenue Expected To Reach $20 Billion By 2016

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 Cloud Computing market revenue is expected to reach $20 billion by the end of 2016. That’s according to a report by Market Monitor.

The report projects a five-year growth rate, from 2012 through 2016, for the various cloud alternatives, including Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and Software-as-a-Service (SaaS). The report also provides a competitive outlook for the industry and forecasts for revenue from more than 300 service providers and vendors.

The forecast is comprehensive. It factors in the strengths and weaknesses of the various market participants. It also provides what’s characterized as a “holistic” view of the market.

“Cloud computing is on the upswing and demand for public cloud services remains strong,” said Yulitza Peraza, an analyst who was part of the research team. “However, public cloud adoption continues to face hurdles including security concerns, transparency and trust issues, workload readiness and internal non-IT-related organizational issues.”

The report also includes other key findings:

  • IaaS took the majority of the market share in 2012. That includes more than half of revenue generated from public cloud services. IaaS will see a 37% annualized growth rate through 2016.
  • PaaS comprises almost a quarter (24%) of public cloud revenue. However, that segment of cloud computing will grow the fastest with an annualized growth rate of 41% between 2012 and 2016.
  • SaaS, excluding enterprise software, was right at a quarter (25%) of cloud revenue in 2012. That segment is expected to grow at a 29% annualized growth rate through 2016.

Greg Zwakman is the Research Director at 451 Research, a company that helped conduct the study. He said that several so-called “mid-market” vendors are actually “titans in their core IT sectors.” He said that it might be too early to predict how well these companies will perform in the near future.

If you’d like to learn more about the advantages of cloud computing, feel free to contact us. We’d love to hear from you.


subscription service

Get In The Trend With Subscription Software

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The latest trends in e-commerce that have emerged over the last year all center around subscription services. From the dollar razor club that has been advertised all over social media, to subscriptions of feminine products that made headlines as people were amazed to see such strong interest in such an unusual subscription software service, people are definitely willing to pay on a monthly basis for almost anything you can imagine.

In the early days of subscription services, there were mostly fruit and wine clubs. Now, even the food options have expanded with people delivering regional foods all over the country, but the massive subscription trend didn’t end there.

Businesses are learning that software which used to cost thousands of dollars up front can be licensed on a monthly basis through a subscription service. This lowers the barrier of entry for many entrepreneurs and small businesses, while keeping accounting simple for larger companies. In addition to software, online services like meal planning, content services and media services are all available as monthly subscriptions.

The market is primed for even more subscription based offerings. Can what your company does be offered as a subscription?  Think outside the box and you may find a whole new customer base. Before you begin to worry about all the technicalities of offering subscriptions, remember that our subscription software makes it simple for you to offer subscriptions to your customers. You can manage your subscription service, handle billing offer free trials, and send automated communications like invoices and payment receipts all without hiring a new IT specialist or accountant.

Subscription services open up your business to new markets, and subscription software makes it easy, please contact us to find out how simple the transition to offering subscriptions can be.


The ROI of Cloud Computing

The ROI of Cloud Computing

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When an average business invests a dollar, they hope to make back two. When a stellar business invests a dollar, they hope to make back ten. Yet with all the things to invest in, the trends to follow, and the coattails to cling to, many businesses cross their fingers in the thin hope their investment breaks even.

If you’ve tried the list of software gimmicks, market predictors, and data miners maybe another investment rolls your stomach. It’s said that a fool and his money easily part, but when you invest in cloud computing, your money has kids.

The good folks at Frost & Sullivan found that companies which invested in collaboration technology had a 400% return on investment. With a percentage like that you can bet your odds cloud computing does a darn good job.

When you and your business work with the cloud, collaboration spikes tenfold.  All your employees – wherever they are on the globe – can sync up, log in, and work together on documents, reports, and critical issues all updated in real-time.

If your business knows the value of agility and speed, good old-fashioned emails aren’t up to specs. Traditionally, documents were passed back and forth like a hot potato between colleagues, as each took their turn working on files and giving them hundreds of new names.

Cloud computing does better by keeping all your business files stored in one central location, accessible anywhere, anytime, and from nearly every media device. Employees can chat together, make revisions, and collaborate in harmony working from one central copy.

According to one study, “73% of knowledge workers collaborate with people in different time zones and regions at least monthly“.

When everyone is on the same page, it strengthens collective efforts and productivity, improving nearly every aspect of your company.

Now while though cloud is a way to give every member of your business access to company data, it’s the teamwork made possible that boomerangs your investment back into a huge ROI.

Take GE Aviation. Everyone knows their mother company, General Electric – the brainchild of Thomas Edison. They wanted a way to connect their sales force while also building closer connections with customers. Turns out, the cloud suited their needs.

Their reps used cloud computing to share documents, ping-pong ideas, answer questions, and share instant feedback. In short, the project was a success.

“What might’ve taken a team—in the best case—a week, can now be done in minutes,” says GE.

Smaller businesses should follow their footsteps. As our globe connects, tunes in, and shares, you and your employees must combine your brains to keep pace with the times.

If you’re ready to make a successful investment that will enhance your productivity, efficiency, teamwork, and ROI contact us today and arm your business with the tools of the future.


Cloud Computing: Put your Cloud in a Container

Cloud Computing: Put your Cloud in a Container

Cloud Computing

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In typical cloud computing, you spin-up virtual machines and load a single application on it. It may be a very small application, but you are still running all the OS resources. Now, imagine you have 100 applications all running on individual virtual machines (VM). Now you have a lot of resource hogging going on. Time to introduce Containers as a Service (CaaS).

Instead of running your infrastructure in virtual machines, you leverage containers. Containers are intended to run a single application; they are light-weight and extremely fast to boot and run. Additionally, they can isolate code from container to container and share the resources of your physical machine without needing to run a hypervisor (typical VM deployments). Examples of containers would be to spin up MySQL or Redis.

Why are containers so fast? Virtual machines have full operating systems (OS), drivers and memory management. You have the physical server followed by the Host OS (VM) and then the hypervisor sits on top of it. On top of the hypervisor, sits the Guest OS/Apps running. Containers are isolated but share OS of the host.

For example, you have a container image that is 1GB in size; you may have ZooKeeper or MySQL running in this container image. If you did not use a container, but went for a full virtual machines, you would have 1GB x number of times. With containers, you can share across your host operating system.

If you are building cloud solutions and still using virtual deployments, you should consider researching containers as you continue to grow your cloud infrastructure. We at MaxQspecialize in this area and can help you in the growth of your cloud infrastructure. Please contact us for any questions you may have.


Advanced Cash Application eliminates the cumbersome steps needed to apply and post cash in the Microsoft Dynamics SL Account, streamlining and simplifying the payment application process.

Advanced Cash Application

Streamline the payment application process needed to apply and post cash in the Accounts Receivable module of Microsoft Dynamics SL. Advanced Cash Application eliminates the cumbersome steps needed to apply and post cash in the Microsoft Dynamics SL Account, streamlining and simplifying the payment application process.

Features and Functionality of Advanced Cash Application

  • Seamless integration to Microsoft Dynamics SL
  • One screen for all cash application processes
  • User defined payment deduction types
  • Set deduction limits by user or group
  • Apply credit memos in Order Management
  • Add a single payment across multiple AR customers
  • Multiple write offs against a single invoice
  • Write off any amount with expense links to Project Controller
  • Write off over/under payments concurrently when applying payments
  • Perform charge backs with automated adjustments and invoice closure
  • Check level deductions – deductions not tied to a specific invoice
  • Post unapplied credit memos alongside payment application
  • Generate reports with detailed cash application activity
  • Non-receivable cash processing
  • Check level deductions across customer
  • Use of the Microsoft Dynamics SL Object Model, for users not having Transaction Import

Three reasons not to ignore professional services software

Three reasons not to ignore professional services software

Professional Services Software

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In the professional services software industry, your assets are not in nuts and bolts, but in ideas, inspiration, and relationships. Consulting and legal firms are in high demand, and need a unique perspective on customer satisfaction and project management. Their customers are looking for tangible ROI while employees are wondering about the next step.

More and more firms in the professional services industry are turning to software to manage and measure their company’s operations. But how can a software program measure that which is, essentially, intangible? And will your firm see ROI on the investment?

You may be tempted to let professional services software go; it’s too much trouble or maybe it seems like there is too little to be gained. Trust us, we have three big reasons why you shouldn’t ignore this trend.

 

  1. The first big reason to employ professional services software is to stay within budget. A robust and scalable software will handle all expenses from business meetings and travel expenses to materials and contractor billing. If your firm is doing this all manually, the biggest waste is time consumed in shuffling papers. Small mistakes such as overdue or unpaid bills will quickly put you over budget.
  2. Project delays cost time, money and face-value. Clients are less likely to stay with a firm that breaks a contract due to any “unforeseeable circumstances.” What you need from day one is a software program that will keep your project on track. Timely project completion keeps your clients happy and loyal. A professional services software will analyze all the data and requirements associated with a project and produce realistic timelines and milestones. When one stage is completed before or after a deadline, the entire project is re-scaled to account for this variable.
  3. Maximize employee accountability and productivity. With an all-encompassing software your employees have access to relevant information and are responsible for reporting progress each step of the way. Management is able to view expense sheets, plan details and recommend tactics based on quantifiable progress.

Don’t miss out on the next contract because your firm can’t handle it. Trust your next big deal to a reliable and robust professional services software. To talk more about this, or anything else, please Contact Us. Thanks.


Increase Quality with the Right Distribution Software

Increase Quality with the Right Distribution Software

Distribution Software

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Quality is the elusive goal many companies seek, but it is difficult to find. The costs of analysis, review and tighter management tend to drive businesses away from seeking quality, and lead to pursuit of value (quality and costs), or just being an industry leader in price wars. With the right distribution software, quality is attainable for small and medium distribution companies.

The quality mindset continually studies your systems, processes and results and seeks to find areas to improve. As improvements are applied, the quality mindset continues to review and apply strategic changes to improve.

The right distribution software will increase quality through the following four ways:

  1. Information – Distribution affects all aspects of your business. If your product/service is not distributed to the right people, you will not get customers. If distribution is done poorly with bad timing, you lose customers. If you have the right information, including tracking your distribution, keeping track of inventory in each location, knowing customer reorder rates and more give you the tools to increase quality.
  2. Inventory management – Tracking, forecasting and planning inventory can be a mathematician’s headache. The right software can make this easier by helping to remove the unknowns and the issues your management face with managing inventory.
  3. Event triggers –  Reordering product, identifying slow-moving products, and organizing warehouses are all events that can be predicted mathematically. The right software will give your management and employees objective means to decide and act. The objective triggers decrease human error and increase quality.
  4. Communication – The right distribution software facilitates communication between vendors, customers, and shareholders. Reporting functions, user accounts, and automatic responses all create more communication. Communication is key to building a quality process and the right distribution software will increase communication while reducing costs.

 

Businesses who desire to increase quality in their distribution processes can do so easily with many new software systems. MaxQTech offers different distribution, customer management and enterprise resource software solutions that will help companies increase quality. For information on how our systems can improve your quality processes, please contact us.