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Data Storage Technologies to Watch in 2014

Software defined is a leader, as is hybrid IT and solutions that enhance mobile access to storage.
VendorFit's insight:

In the last few years, no tech industry has gone through quite as much large-scale change as the data storage industry.  As recent as five years ago, the majority of data in centers throughout the country was stored on tape drives in centralized data centers.  Now, with the advent of cheap cloud computing and the decentralization of network infrastructure, the industry is shifting to a hybrid model.


More applications will become cloud-oriented (virtualized) in the next year, although most enterprise-level companies will retain some of their IT infrastructure to create a hybrid between cloud-based and in-house services.  Solid state drives will see further growth, as people are attempting to get away from hard drives and their low reliability and high energy consumption.

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In Bookkeeping, Accounting, and Information Technology: The Value of Outsourcing

In Bookkeeping, Accounting, and Information Technology:   The Value of Outsourcing | Outsourcing | Scoop.it
In Bookkeeping, Accounting, and Information Technology: The Value of Outsourcing The small-business market, unlike the mid- and enterprise markets, utilize the general services of public accountant...
VendorFit's insight:

For most small businesses, in-house finance departments are an unattainable pipe dream.  The majority of small business owners find a much greater value proposition in outsourcing financial tasks like bookkeeping and process support.  On the other hand, certified public accountants find this type of monotonous and time consuming work to be among the least profitable for their own firms.


Even thought CPA firms try to discourage small business outsourcing of their bookkeeping tasks, this type of outsourcing provides a clear value for the business owners because of time savings and the increased accuracy of employing specialists to go over books.  Accordingly, outsourcing accounting and bookkeeping will continue to be the most efficient use of the relative specialties of each occupation.

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How To Outsource Product Development And Build Great Products - Forbes

How To Outsource Product Development And Build Great Products
Forbes
Usually the person wants to start by outsourcing the product as this tends to be cheaper and easier to do while holding down a full-time job.
VendorFit's insight:

When entrepreneurs develop products, it is rare that they have the design and engineering experience (to say nothing of the free time) to develop their products in-house.  Outsourcing can be a cost effective way to build a product or prototype, but it comes with potential pitfalls.  Outsourcing is most effective for extremely detail-oriented project managers that are able to write clear specifications and briefings for the firms that work on the projets.  Outsourcing is a great tool for people with business and marketing experience to turn their business ideas into a workable product or prototype.

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Top 5 Technology Secrets To Build Your Small Business in 2014 - Entrepreneur

Top 5 Technology Secrets To Build Your Small Business in 2014 - Entrepreneur | Outsourcing | Scoop.it
Entrepreneur
Top 5 Technology Secrets To Build Your Small Business in 2014
Entrepreneur
For the 23 million small business owners in the U.S.
VendorFit's insight:

Great Ideas to take your small business to that next level. Moving to Cloud and choosing inexpensive tools to strengthen your back office functions and marketing operations  are one of the best approaches illustrated here.

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GardaWorld gets 12-year outsourcing contract from Bank of America - CityNews

GardaWorld gets 12-year outsourcing contract from Bank of America - CityNews | Outsourcing | Scoop.it
CityNews GardaWorld gets 12-year outsourcing contract from Bank of America CityNews Montreal-based GardaWorld has signed a 12-year agreement to manage Bank of America's cash processing and cheque imaging services in 32 locations across the United...
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Outsourcing Hospitality Technology – What Will the Brands Do Next?

Outsourcing Hospitality Technology – What Will the Brands Do Next? | Outsourcing | Scoop.it
Hoteliers and hospitality brands are re-evaluating the cost of keeping up with evolving teechnology requirements. A hybrid technology model may be the answer.
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IT Shifts from Owning to Outsourcing Datacenter Space - CIO India News on | CIO.in

IT Shifts from Owning to Outsourcing Datacenter Space - CIO India News on | CIO.in | Outsourcing | Scoop.it
Latest news on : Multi-tenant datacenter demand may be outpacing supply.  (IT Shifts from Owning to Outsourcing Datacenter Space http://t.co/Q5Rg3FJb via @saltmarchmedia)...

Via Justin Kemp
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Wipro wins large technology outsourcing contract worth Rs 2,900 crore from Citigroup

Wipro wins large technology outsourcing contract worth Rs 2,900 crore from Citigroup | Outsourcing | Scoop.it
BANGALORE: Wipro has won a large technology outsourcing contract, potentially valued at close to $ 500 million (Rs 2,900 crore) from Citigroup, according to people familiar with the development. ...

Via InfoBlaze
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The Future of IT Outsourcing and Cloud Computing

The Future of IT Outsourcing and Cloud Computing | Outsourcing | Scoop.it
The Future of IT Outsourcing and Cloud Computing
VendorFit's insight:

The biggest buzzword of 2013 was "cloud computing" but will it really represent that much of the future IT market?  Some industry analysts believe that data centers won't go the way of the dinosaurs, but will instead become different entities that can augment cloud computing with security, flexibility, and the advantages that customized hardware can provide.


Pricewaterhouse Cooper found that many senior executives that were involved in IT outsourcing were lukewarm on cloud computing, primarily because it entailed a loss of flexibility since cloud computing necessarily uses standardized hardware to provide consistent user experiences.

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Accenture Ranked as "Best in Class" amongst Application Management ... - Wall Street Journal

Accenture Ranked as "Best in Class" amongst Application Management ... - Wall Street Journal | Outsourcing | Scoop.it
Accenture Ranked as "Best in Class" amongst Application Management ...
VendorFit's insight:

Accenture regularly receives awards for their outstanding service in the area of application management, but seldom are they recognized for their industry-leading outsourcing provision.  Accenture has helped clients in more than 120 companies outsource parts of their business operations, ranging from software development to HR services.


Tech companies throughout the world are increasingly turning to outsourcing solutions to increase their efficiency and reduce the number of people required for each project.  Tech companies typically provide some form of long-term equity as an incentive to ground-floor employees, so outsourcing has the potential to save money both in wages and in the amount of reduced capital gains that investors see in a heavily leveraged company w/ many employees.

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How Yahoo and Intuit Plan to Win With Small Businesses - Street Fight

How Yahoo and Intuit Plan to Win With Small Businesses - Street Fight | Outsourcing | Scoop.it
How Yahoo and Intuit Plan to Win With Small Businesses
Street Fight
... technology 's biggest players.
VendorFit's insight:

Yahoo and Intuit are taking this step together to woo small business owners in web technology market. Yahoo is providing the platform to launch Intuit’s back office business tools and marketing services like updated versions of Quickbooks. It will work as a unique app store for small business organisations to offer a variety of web apps to choose from. It’s a great strategy to win the customers- the small business organisations that will get lots of web options to strengthen their back office functions and marketing operations within their budget nevertheless they can easily connect with each other making an eco-system of partners. Cool as it sound and local as it gets!

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Our Top 3 Cloud Accounting Software Products for Small a

Our Top 3 Cloud Accounting Software Products for Small a | Outsourcing | Scoop.it
Which cloud accounting software products are the best for small and startup business? Here are our top three cloud accounting products.
VendorFit's insight:

All three Cloud Accounting software listed here: Xero, FreeAgent Cloud and Kashflow Cloud Accounting offer great features and benefits. All you have to do is get your internet connection in place and choose one of these software products which suit your budget. Where Xero is immensely popular for it’s easy to manage reports and affordable price, FreeAgent is ideal for small units and freelancers.

 

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iGate bags $80 million contract from Orange Communications - Times of India

iGate bags $80 million contract from Orange Communications - Times of India | Outsourcing | Scoop.it
iGate bags $80 million contract from Orange Communications Times of India BANGALORE: iGate has secured a $80 million outsourcing contract from Orange Communications to transform the telecom provider's IT infrastructure and rationalize its vendor...
VendorFit's insight:

Switzerland is home to some of the world's most secure banks and financial institutions, necessitating an equally robust IT sector to protect data and customer information.  One of India's largest IT infrastructure companies, iGate, has secured the contract for Switzerland's largest telecom provider, giving them the responsibility for IT security for almost all of Switzerland's citizens.


iGate has already worked with some of the banks and insurance companies in Switzerland - so they should be able to handle this new contract.  Clearly, IT security is a hot-button issue in enterprise-companies, and it is expanding around the world.

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7 More IT Outsourcing Lessons From Offshoring Pioneers - IDG News Service

7 More IT Outsourcing Lessons From Offshoring Pioneers IDG News Service "Philippines and nearshore destinations in Latin America and Eastern Europe witnessing growth across IT and business process outsourcing," says says Jimit Arora, vice president...

Via Sergey Ruseev
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Deloitte Dbriefs | Balancing Act: Insourcing vs. Outsourcing of Legal Discovery Technology

Learn some of the benefits of insourcing vs. outsourcing legal discovery technology and what arrangements might work best for your organization. (Balancing Act: Insourcing vs. Outsourcing of Legal Discovery Technology.

Via Mindseye
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