Posts

Showing posts from October, 2024

Cloud based analytics for small business’s

Image
Many businesses are moving to the cloud for storage of for sales data, marketing data, even financial and HR data. Cloud BI solutions capable of connecting to multiple data sources are valuable for any role to deliver and share business insights used by both large-scale multinationals and for small businesses. So, what is cloud-based analytics? Cloud analytics in cloud computing offer many of the same features as traditional data analytics. Rather than hosting everything on-premises, cloud analytics provides the components needed to build, deploy, scale, and manage data analytics in the cloud on a third-party infrastructure.   In cloud analytics systems, all generated data is collected and securely stored in the cloud, where it can be accessed from any internet-connected device. The cloud analytics system can then clean, organize, process, and analyse the data using proprietary algorithms. These insights are presented to the user through different data visualizations and o...

Saas ERP's for SME's

Image
  So, what makes SaaS ERP so appealing to SMEs? First, cost-effectiveness is a major advantage. Traditional on-premise ERP systems necessitate substantial initial investments in hardware and IT personnel. SaaS ERP, on the other hand, operates on a pay-as-you-go basis, allowing SMEs to pay only for what they require, making it an affordable option for small businesses. According to Gartner, by 2025, over 50% of businesses are expected to use cloud-based ERP , as it offers significant benefits in scalability and flexibility. SMEs can scale their ERP solutions as they grow, without the need for disruptive upgrades. Second , the ease of implementation and maintenance stands out. Unlike traditional ERP systems, which can take months to implement, SaaS ERP solutions are designed for quick deployment, and the vendor manages maintenance, ensuring continuous updates with no operational downtime. Finally , accessibility and real-time insights are major benefits. Cloud-based SaaS ERP...

The rise of digital payment systems.

Image
  With the rise of electronic banking and the internet in the 1990s, the first digital payment system arose in 1994. Since then the progression over the last several years, due to advancements in technology, digital payments have become the norm in todays society. So what is a digital payment system? It refers to the technology that allows organisations, individuals and business to transfer money electronically without the need for physical cheques or cash. The systems allow for payments through various electronic devices such as mobile, computer and specialised payment networks. In 2023 according to Capgemini, non-cash transactions accounted for 1.3trillion globally. By 2027 this is expected to rise to 2.3 trillion, representing a rise of over 15% annually. So looking closer to home, one might wonder how much does Ireland contribute to the use of digital payment systems. I know from my own experience, digital payment systems have shaped the way I act as a consumer. The following g...

Why the southeast of Ireland is a tech haven.

Image
  Why the southeast of Ireland is a tech haven.   This blog highlights the array of opportunities that are available in the south-east of Ireland. Irelands Southeast is the fastest growing region in the  fastest growing economy  in Europe. The competitive business environment and thriving sectoral ecosystems make the region an  ideal location  to start-up, grow or locate a business. So as a reader put yourself in the shoes of a tech CEO, he has decided to station his HQ in Ireland, where in Ireland is yet to be decided. But what might you look for when making this decision, Low Industrial property costs? Educated workforce? Soaring productivity rates? These can all be found in abundance in Irelands southeast. Between 2010 – 2017 in terms of productivity rates, the southeast was #1 in Ireland for this. It on average has 50% lower industrial property costs than that of Dublin, and a student population of 25000+. For further information on the impres...