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Showing posts with the label small medium business

What is SaaS - Software as a Service? Should you have one?

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Software as a Service (SaaS) is a licensing and delivery model,  where software is licensed on a subscription basis and is hosted by the software provider from online servers run and maintained by them. Users access SaaS software through a web browser or a small standalone application.  SaaS vendors supply and maintain the products, either on a subscription basis or on a pay-for-what-you-use basis. The vendor makes sure that the product/service is available 24 hours a day, 7 days a week, and 365 days a year and customers just access and use the software.  SaaS benefits: Lower implementation costs - as the vendor provides and runs the service, both its software and hardware parts, the up-front implementation costs are low. Day-to-day costs are predictable - with experts managing the software and security, the risks involved come down drastically. Vendors are better positioned to provide for all types of risks. Capital expenses become operational expenses. Rapid Deploymen...

Healthcare Digital Transformation: The Secret Sauce To Your Success

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  What are Digitization, Digitalization, and Digital Transformation? Digitization is about converting all kinds of information into a digital format; while Digitalization is the process of using advanced technologies to collect, store, retrieve and analyze the digitized information. And, both together constitute the Digital Transformation process. While it may not be the secret sauce to success, implementing such technologies and practices in health care is the best strategy for everyone involved. Following are some reasons why: Manage patient data in a smooth manner. As all the data is digital in nature, everything from patient details during onboarding, through diagnosis and treatment, to the final patient discharge, can go through smoothly. Real-time intervention. Once onboard the healthcare provider can use wearable devices and linked mobile apps to collect, analyze and respond in real-time to patient health data/status. Where the patient physically is, becomes irrelevant. Err...

Scaling Digital Transformation For Small And Medium Businesses

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Digital Transformation: A Brief Introduction To The Concept   The process of combining cutting-edge digital technologies with business processes, along with a complete change in the mindset and culture of a business, can be broadly defined as the Digital Transformation for the business. It is NOT just the digitization of a business. It is a strategic repositioning. Digital transformation redesigns business processes so that they become simple, flexible, and consistent. It increases and improves transparency and security, and encourages collaboration and mobility. All very important in today’s completely changed world. Small Medium Enterprises (SMEs) are the ones leading this transformation, as they compete in the modern marketplace, by becoming competitive and creating more customer value.  This process, however, has its own problems, like: Lack of talented personnel with the necessary skill sets. Outsourcing, re-skilling, up-skilling, and new development models would be ...