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Information Technology Blog

Author Archive

Added Value in Tech Consulting

October 30, 2009

A successful project is dependent on accurate forecasting, competitive bidding, appropriate funding, and timeliness of completion.  Your reputation also depends on customer satisfaction and differentiation. I’d like to re-visit an article written by Jennifer Gill for Inc. that speaks to your prospects about what to look for in a Tech Consultant.

 

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Recruitment and Growth in Biotechnology

August 28, 2009

Biotechnology is often used to produce drugs, therapies, and vaccines commonly found in medical practice, while it is also used in the development of genetically modified crops, DNA fingerprinting, environmental products, and industrial applications.  Consisting of about 1,500 companies, the industry has a combined annual revenue of close to $70 billion.  The average revenue per worker is more than $350,000, being that the industry is highly capital intensive.  Of course, Biotech firms often face stiff competition from pharmaceutical companies, who are also vying to be first with a new product or discovery.

Positive signs of growth at the end of Q2 2009 include the rise of US consumer prices for medical care commodities and medical care services, which are common indicators of biotech’s firms profitability.   Both increased to just over 3% in June compared to the same month in 2008.  

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Trends in Software Development

August 7, 2009

Demand for specific types of software is heavily influenced by consumer profits, corporate spending, and total computer sales.  Today, computers are replaced far less frequently than they were in the 1990’s.  Businesses that purchased PCs during this time and automated business functions can no longer be counted on to grow the company’s revenue at an increased or even identical rate.  Software has only a few years before it is replaced by superior products because of to the ongoing development of new products. 

On the upside, the rapid increase in computer power creates new software opportunities, such as photo and video editing.  Also, developers of user applications create updated versions of the same product in order to make it faster or to increase capability. 

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Secured Opportunity

May 27, 2009

Economic times undoubtedly carry an impact on the IT world, as its condition directly correlates with corporate technology spending.  A company’s success in trying times will depend on a number of factors including their technical expertise, innovative services, marketing, and the ability to find and retain technologically specialized labor.  The competitive landscape has also intensified from the increase in maintenance and integration services offered by hardware and software suppliers, along with the increase in customer consolidations and failures.  

 

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