Fusionex CEO Ivan Teh bags technopreneurship award

Kuala Lumpur: Fusionex Managing Director/Chief Executive Officer, Datuk Ivan Teh, was awarded the ‘Technopreneur of Excellence 2017 Award’ at the National ICT Association of Malaysia (PIKOM) ICT Awards ceremony recently.

In a statement Monday, Fusionex said, the award was in recognition of its achievements and contributions towards growing and supporting the information and communications technology (ICT) sector in the region and was reserved for individuals demonstrating ICT best practices.

Ivan Teh

“The award is also to commend the company’s diligence, commitment and continuous innovation.

“It marks the continuous excellence exhibited by Fusionex, helmed by Teh, and follows the firm’s earlier win of the ‘Company Excellence Award’ in 2016,” it said.

The global information technology company said as a premier data technology player, Teh has also led the firm to strike a strategic alliance with Alibaba Cloud, one of the fastest-growing cloud providers in the world. http://www.dailyexpress.com.my/news.cfm?NewsID=120484

 

Fusionex launches GIANT 2017, comes with NLP capability

FUSIONEX International Plc, a big data analytics solutions provider, believes that its new big data analytics solution can help the company to win more clients and gain market share.

The analytics solution, known as Fusionex GIANT, allows companies to have a holistic view of its business operations, understand trends, buyers behavior, and even predict outcomes. Unlike larger big data companies from the US or Europe, the company’s big data solutions are more user-friendly and easier to deploy.

“Our solutions may not be as powerful as some of our rivals’, but it has the features and characteristics that meets the needs of the chief executive officer, the chief information officer, and chief financial officer,” Fusionex founder Ivan Teh told Digital News Asia recently.

“Today, CEOs want a fast-to-deploy big data solutions, they can’t wait 18 months or more for the implementation. CIOs and CFOs want a solutions that are easy to manage, easy to use, and does not cost a lot to maintain.”

According to Teh, the new GIANT, dubbed the Fusionex GIANT 2017, is far more superior than the predecessor. He said that it is now able to make sense of trillions of data sets — making it a suitable tool for banks, stockbroking firms, hotel chains, manufacturers and others.

Ivan Teh

Like the previous version, the GIANT allows users to get key insights by just ‘drag-and-drop’. For example, dragging the company’s sales data and customers data could allow the company to find out which particular products are more popular among the young working adults.

“More importantly, the new GIANT allows user to get insights in the easiest way possible — by talking to it. The new GIANT comes with a natural language processing (NLP) capability that will perform various tasks. For example, you simply only need to tell it to show you sales number, or sales number based on region, and those data will be produced immediately,” said Teh.

“Gone are the days when you need days or weeks to generate a report.”

Penetrating the SMEs

The company also introduced its first big data analytics solutions catered to the small and medium enterprises (SMEs).

The product, dubbed ANT, is the “mini-version” of the GIANT. It has most of the features SMEs need when comes to making sense of their data.

“For a long time, the SME market has been underserved. It also has most of the features that SMEs are looking for.

Expecting strong response

In late 2016, Fusionex invited 10 companies to take part in the pilot run of the Fusionex GIANT 2017. From the 10 companies, 8 of them have already signed up for the solution.

“Our vision has always been to create innovative technology that meets the business needs of today’s market. Innovation drives growth and we strongly believe Fusionex GIANT 2017 is the answer to an IoT driven world that is in constant need of better, faster, cost optimised and commercially-feasible technology,” said Teh.

“Analytics can help bridge the gap between business and consumer needs and we are ready to assist our customers to stand above their competition.” http://www.theedgemarkets.com/article/powering-alibabas-ewtp-big-data-analytics-ai-and-machine-learning

Fusionex wins Malaysia Airlines project for information collaboration

Fusionex awarded contract from Malaysia Airlines Berhad to provide a group-wide data management platform that will increase work efficiency and ease of communications within its group.

Kuala Lumpur – February 6, 2018 —

Fusionex, a multi-award-winning, leading software solutions provider specializing in Big Data Analytics (BDA), the Internet of Things (IoT), Artificial Intelligence, and Machine Learning, has been awarded a contract of significant value with Malaysia Airlines Berhad (“MAB”) to provide a group-wide data management platform that will increase work efficiency and ease of communications within its group.

MAB seeks to address the challenges encountered by its thousands of employees to work and communicate efficiently. With millions of travelers flying on MAB every month to almost 60 destinations, MAB requires a scalable platform to cope with the volume as well as complexity of data and information gathered, in MAB’s bid to better serve its customers and staff.

fusionex ceo

The platform will allow for collaboration within the company and also facilitates messaging and information sharing between employees. With all employees using the same platform, any communication, whether textual, imaging etc. would be accessible quickly and easily.

Apart from work purposes, the platform will allow employees to participate in leisure activities for an optimized work-life balance to be achieved. An enterprise social network feature will be deployed for employees to use as a social collaboration tool, in line with MAB’s objective to promote a strong and united corporate community.

Dato’ Seri Ivan Teh, Fusionex CEO, commented: “This initiative is applauded as it is targeted to bring Malaysia Airlines’ corporate performance to greater heights, as well as to foster closer communication among MAB employees. Coordinating thousands of employees with a huge amount of data across the globe is no small feat. This win showcases the vast potential for data management and data technology to empower a variety of sectors including aviation towards digital transformation, and we are delighted to be a part of this journey with Malaysia Airlines.”

About Fusionex
Fusionex is an established multi-award winning data technology provider specializing in Analytics, Big Data, Machine Learning and Artificial Intelligence (AI). Its offerings are focused on helping clients unlock the value and derive insights from data. Fusionex is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative and breakthrough data-driven solutions to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates as well as a wide array of small and medium enterprises (SMEs)) that spans across the United States, Europe as well as Asia Pacific.

Fusionex has recently entered into a strategic partnership with Alibaba Cloud to drive digital transformation across the region.

To read more about Fusionex, visit : http://epaper.mmail.com.my/2017/10/20/fusionex-ceo-is-technopreneur-of-excellence-at-national-ict-awards/

Contact Info:
Name: Visithra Manikam
Organization: Pi PR Consultancy
Phone: 03-77241719/ 0122661679

Fusionex Rolls Out Major Platform for Korean Mega Resort

Fusionex, a multi award-winning, data technology provider specializing in Big Data Analytics (BDA), the Internet of Things (IoT), Artificial Intelligence, and Deep Learning, has successfully deployed a data-driven travel and hospitality platform to power up the operations of a new mega resort in Korea, in a multi-million dollar contract.

Spanning across more than 500 acres, the resort incorporates all types of destinations that guests would want, from theme parks to hotels, entertainment facilities, villas, condominiums, and more. The project includes rolling out a comprehensive digital platform to engage with guests, build brand loyalty, and provide elevated levels of convenience and enhanced customer experience.

Ivan Teh

Fusionex has introduced its BDA solution, Fusionex GIANT, which will consolidate billions of records, from traveler registration to hotel guest interactions and retail customer management. By harnessing this massive amount of data, the client would use GIANT to cleanse and manage disparate data to gain useful insights and information. The information would then be utilized to facilitate bookings, make product recommendations and provide better customer experience with a high degree of flexibility and personalization.

The Fusionex Big Data platform is also a natural bolt-on for the Fusionex Central Reservation System (CRS), which reaches customers on their terms through convenient online, kiosk, and mobile platforms. CRS will also support requests by travel agents, providing a wider avenue for travelers to find their way to the resort. The system will also provide seamless communication between floor staff and security.

Besides generating a greater number of visitors for the client, Fusionex will also be working on ways to increase the customers’ lifetime value. Via the Loyalty Management System (LMS), the client will be able to give out loyalty points and redeemable rewards. This turns the holiday paradigm into one of point accumulation or “gamification” that motivates customers through interaction, engagement and loyalty, which will encourage recurring visits.

The client will then be able to unearth hidden insights in its data with a near-real-time overview of the performances of its different hospitality arms, customer behavior and tendencies. They could even conduct a drill-up analysis that checks stats from specific rides, from zones to the entire theme park. Decision-makers will then be able to craft strategies based on Fusionex’s predictive analytics capabilities.

Ivan Teh, Fusionex Managing Director and Chief Executive Officer, commented: “We are excited to see the rollout of this world-class platform for this amazing and beautiful resort. We look forward to seeing our client leverage this data-driven digital platform in their quest to provide high quality customer experiences.” https://enterpriseasia.org/apea/malaysia/awards/my-2014/ivan-teh/

Fusionex Drives Digital Insurance Initiative For Major Insurance Player

Fusionex, a multi-award-winning, leading data technology provider specializing in Analytics, Big Data, Machine Learning, and Artificial Intelligence (AI), has commenced a digital insurance initiative for leading Takaful insurance company STMB. Takaful Malaysia’s online sales portal “Click for Cover” was launched at a grand ceremony and signalled the digital transformation of their business processes with Fusionex technology. The launch ceremony was officiated by Datuk Seri Johari Abdul Ghani, Finance Minister II, and marked the beginning of a seamless customer experience in purchasing and renewing insurance policies online via data-centric approach.

Leveraging Fusionex technology, Takaful’s digital insurance initiative is able to help customers process their applications, issue quotations, perform underwriting, send cover notes and e-documents via a customer-focussed and seamless online platform. The platform focuses on providing the best service to its customers, with the ability to understand each customer in a more personalized way. This is in line with Takaful’s strategy of reaching out to its prospects and customers anywhere, anytime and anyhow, while having the ability to introduce newer products and targeted features that their customers will find more useful and relevant to their specific needs.

The launch also witnessed the signing of a memorandum of agreement between Fusionex and Takaful, as well as signings between Takaful and Remark, a digital marketing company. Collaboration agreements for online distribution with Lembaga Tabung Haji (LTH) and Bank Islam (BIMB) were also signed to introduce online Takaful products to depositors of LTH and customers of BIMB.

Fusionex Group CEO Dato’ Seri Ivan Teh said, “Innovation needs to be at the core of businesses, as this differentiates the leaders versus the followers. Today, we are pleased to witness Takaful Malaysia making great strides in this direction. Fusionex is delighted to be a key partner in Takaful Malaysia’s exciting digital transformation journey, and we are confident that this initial success will lead to many more success stories with Takaful Malaysia.”

Takaful Malaysia Group CEO Dato’ Sri Mohamed Hassan Kamil said, “Today’s launch of our digital strategy plan signifies our commitment towards revolutionizing the way we will grow our business by digitally transforming our sales and operations. By embracing digital tools and technology to offer up differentiated product offerings and services, we will delight our customers with a better user experience, enhanced protection products and high quality service. Our customers will benefit from an integrated multi-channel experience and this is part of our ongoing efforts to stay ahead of the curve.”

Datuk Seri Johari Abdul Ghani, Finance Minister II stated, “Today’s launch of Takaful Malaysia’s digital strategy is very much in line with the overall digital strategy outlined by the Government in growing the digital economy.”

Ivan Teh

The “Click for Cover” portal, which is powered by Fusionex technology, provides a data-centric, easy-to-use interface for customers to access the company’s products online with e-payment facilities and real-time underwriting capabilities. “Click for Cover” has the first fully integrated medical underwriting engine online in Malaysia where rating decisions will be generated online. Currently, the portal offers Motor, Personal Accident (PA) and Medical products. More products such as Term Life, Critical Illness and Travel PA Takaful will be made available later this year.

Dato’ Sri Hassan Kamil said, “Our strategic partnership with Fusionex and Remark is in line with our business goals to make our digital strategy the key driver of our innovation efforts, thereby boosting our competitiveness and powering future growth.”

Dato’ Seri Ivan Teh commented, “In this data-driven age, embracing data technology is no longer a luxury, but rather a must if one wants to remain relevant and competitive. The ultimate goal of digital transformation is great user experience; hence it’s crucial that we work with our customers to focus on the consumer and the user journey, leveraging powerful technology. We believe that it is only through this lens and a user-centric approach will businesses be able to thrive and scale to greater heights.”

For other related news click here: https://www.prnewswire.com/news-releases/fusionex-managing-director-ivan-teh-wins-the-ey-technology-entrepreneur-award-300007003.html

The Cool New Photobook App On iPhone

As a DIY bride-to-be who made my own invitations, table numbers, as well as centerpieces, I know direct how tough it is to come up with a reasonable budget and then stay with it. One of the most crucial of these budget decisions includes selecting the best professional photographer and the very best photography package to fit your needs. Every bride knows that after the whirlwind day is over, exactly what stays is your photos and memories of your special day.

Discuss with your photographer the choice to acquire the high resolution digital files of your photographs so that you can make your very own wedding event photo book. In addition, lots of photographers consist of an e-session or engagement picture session prior to the special day, to offer you an opportunity to obtain more comfy connecting with your photographer and to obtain more comfy being in front of the camera. My future husband (now hubby) and I showcased these e-session images in a custom picture guest book for our wedding guests to sign. You don’t need to be a designer to make a stunning album. It was really easy to do using the totally free style software provided by the picture book company, and a simple drag-and-drop interface. The visitor book was a success and our visitors filled it with customized messages. A standard visitor book will most likely get put at the back of your closet, while an image wedding event guest best photo book iphone will be enjoyable to browse even years down the line.

As for options for your wedding album, there are numerous. You can get a top quality one for as low as $30 for a 20-page 8.5 x 11″ hardbound book, all the way to $250.00 to $450.00 or more for a premium leather bound flush mount photo album. More cost effectively priced photo books make terrific gifts for parents albums or for the bridal celebration, while the groom and bride will likely select a superior style.

Two main kinds of photo books tend to interest the “newly wed”:

1) The lay flat picture book, and

2) The flush mount leather album.

make photo book from iphone

The lay flat photo book is bound in an unique way that enables its pages to lie flat. The pages stay open without needing to hold them down, which gives it a premium look. This format likewise generally permits you to extend a single image throughout both pages of the spread, providing a sweeping panoramic visual impact that showcases your best images. Lay flat books are also available printed on thick, genuine photo paper – which also adds to the quality.

The flush mount album is a type of picture book that lies flat. Flush mounts are printed on genuine image paper and installed on a hard board type support makings the pages feel additional thick. They are usually bound in a leather case and are pricier than routine ordinary flat photo books, but you do get exactly what you pay for. Due to the density of the pages, they generally are available in restricted page counts of about 20 to 30 pages.

Up until recently, these choices were just offered to pros, now lots of business are using these alternatives directly to brides and grooms. If you’re a little daunted, don’t be! Lots of business use totally free books to try their service so you can do a trial run with your getaway images or family pictures for example, before trying to make your very own wedding event album. http://www.photobookapp.com/create-make-best-photo-book-from-iphone/

How To Run Effective SEO Campaigns – Robin Ooi

Large cities are quick paced and hectic. In some cases your can spend hours stranded in traffic while taking a trip extremely short ranges throughout peak hours. This makes visiting clients very lengthy for sales associates on the road.

In a world where time is cash, increasingly more company owner are turning to the internet to produce new customers and grow their company profits. However accomplishing success online is not as easy as it as soon as was.

With more and more business jumping online the competitors is getting strong. Regardless, SEO still offers one of the very best returns for marketing investment. With more and more individuals utilizing Google to conduct research study before buying, it is essential that your service can be found on Google.

Nevertheless, if you resemble a lot of entrepreneur I talk with you do not have the time to market your very own organisation online. After all keeping up to date with the most recent online search engine guidelines and guidelines is a fulltime task.

It makes sense that a lot of entrepreneur would rather pay an SEO agency Robin Ooi, business or private to complete this work for them. If this is you then make certain you follow these 5 essential suggestions to achieve an effective SEO technique for your business.

Tip # 1 – Choose a Local Supplier: The internet and improvements in communication technology now enables us to connect with somebody on the other side of the world in realtime. With this innovation you may be lured to find anybody in the world to offer your SEO services.

However, the web has actually likewise allowed many doors to open for scam and fraud artists. For this reason it is constantly best to be able to meet your future SEO supplier in person.

By finding a local SEO expert, agency or SEO company to perform your online search engine optimisation campaign, you have the flexibility of being able to catch up with them in person. You can get a lot out of meeting somebody in the flesh as opposed to just fulfilling them by means of email, texts or perhaps a telephone call. Also when handling big quantities of money online I am constantly careful till I have a mutual understanding of who I am working with.

Develop a strong relationship between you and your SEO supplier by meeting in person, to guarantee a strong arise from your campaign.

Idea # 2 – No Abroad Outsourcing: Once you have actually discovered a local SEO supplier inquire if they outsource any of their SEO work overseas. If they do then you may as well deal with someone overseas directly. However naturally this is going against the very first pointer!

By contracting out SEO work overseas, SEO companies can frequently charge greater quantities in-line with local prices and after that get the work done overseas for a portion of the cost. Meanwhile an overseas SEO company might have bad English and not fully understand the location they are creating content for. Also they may use automation techniques for their copy writing and link building methods which can result in Google penalties. Sadly this is a common practice for SEO service providers from developing nation.

Robin Ooi

When your SEO project is completed overseas you frequently receive a very bad requirement of work. This can depict a less than professional image for your business and can even cause your site getting penalised. So avoid this at all costs.

Tip # 3 – Get a Personalised SEO Technique: Accomplishing an effective SEO technique requires complex analysis and planning. There are no one-size-fits-all approaches when it comes to SEO. And for that reason you ought to pass by an SEO bundle off the rack and expect to achieve awesome outcomes.

All respectable SEO service providers provide a search engine optimisation service that is custom-made developed for each company they partner with. Factor being is that every company is different in terms of their market, services and products, and service goals.

An effective SEO strategy must take all of this into account and needs to be tailored to the private service to satisfy their specific needs.

Tip # 4 – Get Progress Reports: Another crucial suggestion is to ensure that your regional SEO provider offers progress reports.

Most common is to have a month-to-month report revealing exactly what work was done and how your website rank is tracking. If you are not getting this data then your SEO company could be not doing anything while taking your loan.

Ensure you review this report each time you get it and guarantee progress is being made on your service goals.

Tip # 5 – Play Safe: At the end of the day choosing who to partner with to supply your SEO services is not an easy task.

Even the most successful SEO methods take time to bloom into a favorable result. This is how scam artists get away with ripping individuals off in the internet marketing world. They convey intend to their customers that the advantages will be coming, meanwhile they are just pocketing your regular monthly investment every month. https://about.me/robin.ooi

Malaysian SMEs should join Alibaba’s Singles’ Day sale

Local small and medium enterprises (SMEs) are urged to get onboard China’s biggest e-commerce platform, Alibaba Group Holdings Ltd, and take advantage of the newly launched Digital Free Trade Zone (DFTZ) to expand their business horizon abroad.

fusionex ivan teh
Minister of Transport Datuk Seri Liow Tiong Lai said via Alibaba, local SMEs could also be part of the Singles’ Day sale and promotion that is held every Nov 11.
For example, the China-based company recorded US$25 billion (RM102.88 billion) in sales during the last Singles’ Day sale, joined by as many as 60,000 international brands and merchants.
“As such, our SMEs must quickly get onboard the Alibaba platform so that we also can participate in the Singles’ Day sale next year. I am confident that it will be another sales record,” he said after launching the Ninth Pikom Leadership Summit in Kuala Lumpur yesterday.
He said that Malaysia’s e-commerce operator, Lazada, also experienced explosive growth in Malaysia and across the region, racking up RM96 million in sales via 6.5 million items ordered during the one day sales event.

On the Singles’ Day sale, Shopee has generated an increase in search interest by 71.4%, following by 11street (66.7%), Hermo (50%) and Zalora (25%).
“Based on the search interest on Nov 11, the five most popular e-commerce (platforms) in Malaysia are Lazada, Shopee, 11street, Zalora and Hermo,” Liow said.
The DFTZ that was launched early this month by Prime Minister Datuk Seri Mohd Najib Razak together with Alibaba founder Jack Ma, is expected to provide 1,972 Malaysian SMEs the opportunity to sell their products online.
Liow added that the DFTZ will position Malaysia as the regional e-fulfilment hub for Asean consumers.
He said the existence of phase 1 of the DFTZ facility should be fully capitalised by local players to deliver their products to the Chinese market.
“Cainiao Network (Technology Co Ltd) and Malaysia Airports Holdings Bhd will set up a 24ha e-fulfilment hub in phase 2 of DTFZ, slated to be operational by 2020,” he said.
The ministry has also targeted to increase air cargo volume in Kuala Lumpur International Airport up to three million tonnes by 2050, compared to the current 726,000 tonnes.
Meanwhile, at the launch, Liow also witnessed a tripartite memorandum of understanding (MoU) between Pikom (National ICT Association of Malaysia), CyberSecurity Malaysia and Fusionex Corp Sdn Bhd to enhance information and communications technology and data security.
Fusionex Ivan Teh said the MoU would pave the way to accelerate the rate of big data analytics in Malaysia.
He said the MoU will see both parties working together to provide training in the area and encouraging the building of data skillsets within the workforce.
“It will be the push needed to create, educate and inspire a new generation of data professionals in line with the MDEC’s (Malaysia Digital Economy Corp) aim to have 20,000 data professionals by 2020,” he said. https://themalaysianreserve.com/2017/11/24/malaysian-smes-join-alibabas-singles-day-sale/

Fusionex Drives Digital Insurance Initiative For Major Insurance Player

KUALA LUMPUR, Malaysia–(BUSINESS WIRE)–Fusionex, a multi-award-winning, leading data technology provider specializing in Analytics, Big Data, Machine Learning, and Artificial Intelligence (AI), has commenced a digital insurance initiative for leading Takaful insurance company STMB. Takaful Malaysia’s online sales portal “Click for Cover” was launched at a grand ceremony and signalled the digital transformation of their business processes with Fusionex technology. The launch ceremony was officiated by Datuk Seri Johari Abdul Ghani, Finance Minister II, and marked the beginning of a seamless customer experience in purchasing and renewing insurance policies online via data-centric approach.
Leveraging Fusionex technology, Takaful’s digital insurance initiative is able to help customers process their applications, issue quotations, perform underwriting, send cover notes and e-documents via a customer-focussed and seamless online platform. The platform focuses on providing the best service to its customers, with the ability to understand each customer in a more personalized way. This is in line with Takaful’s strategy of reaching out to its prospects and customers anywhere, anytime and anyhow, while having the ability to introduce newer products and targeted features that their customers will find more useful and relevant to their specific needs.
The launch also witnessed the signing of a memorandum of agreement between Fusionex and Takaful, as well as signings between Takaful and Remark, a digital marketing company. Collaboration agreements for online distribution with Lembaga Tabung Haji (LTH) and Bank Islam (BIMB) were also signed to introduce online Takaful products to depositors of LTH and customers of BIMB.
Fusionex Group CEO Dato’ Seri Ivan Teh said, “Innovation needs to be at the core of businesses, as this differentiates the leaders versus the followers. Today, we are pleased to witness Takaful Malaysia making great strides in this direction. Fusionex is delighted to be a key partner in Takaful Malaysia’s exciting digital transformation journey, and we are confident that this initial success will lead to many more success stories with Takaful Malaysia.”

Fusionex
Takaful Malaysia Group CEO Dato’ Sri Mohamed Hassan Kamil said, “Today’s launch of our digital strategy plan signifies our commitment towards revolutionizing the way we will grow our business by digitally transforming our sales and operations. By embracing digital tools and technology to offer up differentiated product offerings and services, we will delight our customers with a better user experience, enhanced protection products and high quality service. Our customers will benefit from an integrated multi-channel experience and this is part of our ongoing efforts to stay ahead of the curve.”
Datuk Seri Johari Abdul Ghani, Finance Minister II stated, “Today’s launch of Takaful Malaysia’s digital strategy is very much in line with the overall digital strategy outlined by the Government in growing the digital economy.”

The “Click for Cover” portal, which is powered by Fusionex technology, provides a data-centric, easy-to-use interface for customers to access the company’s products online with e-payment facilities and real-time underwriting capabilities. “Click for Cover” has the first fully integrated medical underwriting engine online in Malaysia where rating decisions will be generated online. Currently, the portal offers Motor, Personal Accident (PA) and Medical products. More products such as Term Life, Critical Illness and Travel PA Takaful will be made available later this year.

Dato’ Sri Hassan Kamil said, “Our strategic partnership with Fusionex and Remark is in line with our business goals to make our digital strategy the key driver of our innovation efforts, thereby boosting our competitiveness and powering future growth.”
Dato’ Seri Ivan Teh commented, “In this data-driven age, embracing data technology is no longer a luxury, but rather a must if one wants to remain relevant and competitive. The ultimate goal of digital transformation is great user experience; hence it’s crucial that we work with our customers to focus on the consumer and the user journey, leveraging powerful technology. We believe that it is only through this lens and a user-centric approach will businesses be able to thrive and scale to greater heights.” https://www.foryoubiz.com

Software Outsourcing in 2018: Some of the most popular trends coming your way

As digital technologies continue to mature in 2018, growth in the software outsourcing industry will accelerate in response to these technological advancements. Businesses are looking to enhance their competitive strategies, improve their technological infrastructure, and increase productivity and efficiency. To do so, they need access to advanced, automated digital technologies and skilled resources.

There has been increased adoption of nearshore business solutions in 2017, with businesses spending a significant amount of their IT budgets on outsourcing; up from 10.6% in 2016 to 11.9% in 2017. IT outsourcing companies

Software outsourcing in Colombia is enabling organizations to benefit from automation, improved digital capabilities, and skilled resources, with the added benefit of geographic closeness for real-time communication. A $6.8 billion IT industry has developed in Colombia.

IT outsourcing companiesKey 2018 trends

Outsourcing promotes digital transformation across key areas of business processes, including governance, cloud computing, automation, and user experience. In 2018, some key trends that will augment these core functions include:

●      Nearshoring: More companies are choosing to partner with software outsourcing providers who are located in the same time zone to better facilitate their development team needs.

●      Cloud computing: Businesses are relying on cloud computing to accomplish all of their diverse business goals, both now and moving into 2018. Cloud demand will comprise 60% of IT market growth through 2020. It’s critical to choose an outsourcing partner who can meet your particular cloud needs while maintaining cloud as part of their delivery model.

●      Machine learning and AI adoption: Utilizing a real-time data and analytics infrastructure provides businesses with the ability to apply analytics towards increasing efficiency levels and augmented human capabilities. AI and Machine learning applications were adopted by the majority of technology vendors in 2017, and applications will continue to grow in 2018.

●      Big data: To benefit from big data, businesses are looking to outsourcing solutions, which gives them the capability to make the most of their data to support digital transformation strategies without overly taxing internal resources. Risk assessment, forecasting future events, personalizing the customer experience, and creating a better foundation for data governance and management are just a few of the reasons why big data is proving to be an indispensable tool for businesses.

●      Security: Outsourcing IT security has been quickly growing as businesses want to divert possible threats. By utilizing experienced IT specialists with the right skill sets to successfully mitigate and manage threats, organizations are more able to improve software functions while maintaining security.


●      Personnel: Hiring and training skilled developers and IT specialists can be a costly endeavor, and companies can obtain diverse assets, products, and services via software outsourcing providers while benefiting from cost savings.

Accelerating digital capabilities in 2018

With nearshore outsourcing, companies can benefit from scalable, secure digital technologies that enhance customer experiences, increase product and application development, improve decision making processes, and increase agility without having to make substantial organizational and structural modifications.

For more info, please visit https://www.pslcorp.com/it-outsourcing-services-companies/