Do additional features in software reduce its durability?

May 20, 2011 by Leave a Comment

Software designing has become very competitive because of the emergence of many new languages. Developers spend their major time finding the most suitable compilers which can reduce the complexities involved in developing software. Market is flooded with millions of software companies. These companies target the clients by creating a need for software in almost every routine. From switching the television using remote control to launching a satellite, the major dependency is software. These softwares are the whole and sole responsibility for the success of corresponding mechanism.

The companies around the globe hire the most efficient and highly skilled developers, as the softwares developed by them makes an impression over the customer. Softwares can be developed in low level as well as in high level languages. Some softwares are designed according to the needs of the customers while some are generic. The latter ones usually are designed for mass population. These softwares are for general use. They comprise of many features and functionalities. The aim of the company behind this strategy is cost saving. They feel it better to design single, multipurpose software in spite of designing several small, single purpose softwares. The customers who tend to use these kinds of softwares usually find it much complex and time consuming. There is one other category of people who like a single software which can meet all their expectations.

It becomes very difficult when there is a bug or an issue in the software. When the multipurpose software halts, the overall work of the company stops, but the one using variety of softwares for different activities do not worry on a single software failure. He remains quite relaxed as the other work at his company continues to work smoothly. Even if the idea of having a single software to perform multiple activities sounds good but falls short during implementation. It should be noted that adding features should be in such a way that a majority of the features should be utilized at the same time, else the software starts losing its durability and becomes malicious in a long run.

Thanks,

Bootstraptoday | www.bootstraptoday.com

ken@bootstraptoday.com

Filed under Announcements, feature, news, outsourcing, python

Paypal payments and RBI rules making it difficult for SME’s.

March 7, 2011 by Leave a Comment

Paypal as a payment gateway has been a lifeline for many small and medium enterprises/Freelancers over the years in India. Most of the payments from clients to vendors were routed through paypal, which was like a boon for Indian Industry and Freelancers.

Last couple of years RBI (Reserve Bank of India) has started poking its nose into Paypal based transactions, which has created a huge confusion and uncertainty among Indian SMEs.

Last year there was some directive from RBI which created lots of confusion in SMEs mind. As the directive was not clear, some interpreted it as they will be required to get an IEC (Import Export Code) to receive money to their bank accounts from Paypal. Transaction from paypal were stopped for sometime last year as Paypal Indian officials were also not clear about the new directive. Many companies started applying for IEC. Later there was an announcement from Paypal that IEC was not mandatory, companies would require to define a “Purpose Code” to do the same. And the service was resumed in India, with “Purpose Code” mandatory while transferring money to their bank account from paypal. It was breather for Indian SMEs.

Now again this year RBI has come up with new directive. According to new directive, beginning March 1, 2011, any balance in and all future payments into your PayPal account may not be used to buy goods or services and must be transferred to your bank account in India within seven days from the receipt of confirmation from the buyer in respect of the goods or services. Also Export-related payments for goods and services into your PayPal account may not exceed USD 500 per transaction. For any transaction more than $500, you can not use paypal service, you need to find some other alternatives. Also you can not use paypal for domestic transactions. This has again become a big dampener for Indian SMEs. Now companies are not really sure about the paypal fate in India. They are not even sure what will be the next step of RBI. So companies have started looking for alternatives.

What do you think are the other options for SME’s???

Filed under news, outsourcing, Uncategorized Tagged with , ,

Biggest lessons in outsourcing from the recession for the MSME’s and Entrepreneurs

August 17, 2010 by Leave a Comment

We have seen one of the worst recessions of our time in 2008-2009. Several companies could not make it through the recession and those that did  have a big challenge of meeting the new demands of the economy (operating at lower operational costs & offer measurable and substantial value to their customers) ‘Smart outsourcing’ seems to be the best option for many of these companies to ensure that they continue to make business sense and bring in the profits. What are the steps that you need to take to ensure that you are on the right side?

Companies having major presence in tier 1 and tier 2 cities are already planning to move part of their operations or build vendor relations in tier 2 & tier 3 cities to ensure that they remain profitable. Larger companies like Infosys & TCS have already identified this problem and they have quickly moved or started moving their development centres in Tier2 & Tier3 cities where the operational cost is significantly lower than Tier1 cities and access to related loyal technical talent is relatively better. This creates a huge challenge for MSME (Micro Small Medium Enterprises) segment though, as they already operate on thinner margin compared to their larger counterparts. Also bigger companies are now going for smaller accounts which were earlier addressed only by small companies. This again adds to the whammy, as the small companies now need to directly compete with their larger counterparts.

So what are the options for MSME to keep them from folding?  The key lies in investing in building operations or vendors/partners in tier 2 and tier 3 cities and managing these relationships effectively, so as to ensure seamless project deliveries for their clients. There are several options of using SaaS based project management platforms that will help you to seamlessly ‘share, collaborate and succeed; in this new extended operations of the company. BootStrapToday offers options for these companies to manage these challenges in a very effective manner. It is easy to sign-up, is free and gets you going instantly. To register, visit www.BootStrapToday.com

Filed under outsourcing

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