optimize business management with efficient software
When you hear «business software» and «reporting,» binders full of charts, spreadsheets and footnotes may come to thoughts. There are conference rooms that are crowded with executives who are tinkering with slides. What’s missing is the potential for creating value for businesses.
That’s changing, thanks to a handful of digital technologies that are collaborating to reshape the future of reporting. Machine learning and cognitive tools will take over much of the grunt work of gathering data, making reports, and distributing the results. This allows human workers to do more interesting work.
Utilizing a usage-based pricing model can also help teams get more value from their data. This method allows businesses to better match the value of data to their spending, by reducing cost to access it.
To win in the Age of Connected Work, software companies must reconsider the principles that underpin the way they create, distribute and sell their products. Winners in this new era will evolve what is meant by «product-led» in the broadest sense of the term; they’ll use their products as engines to help customers acquire retention, expansion, and acquisition. This will require a re-evaluation of strategic approach and a determination to expand «as-a service» offerings beyond fees for membership. It will also require the integration of PLG into the way they develop and deliver their products. To remain ahead of the pack companies will need to create a comprehensive ecosystem that includes strategy, stewardship, and architecture, as well as governance, which will make use of data.