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Why do entrepreneurial and fast growing companies need good IT Systems and Dedicated Software?
January 2006
It was Thomas Edison that said: “I never perfected an invention that I did not think about in terms of the service it might give others… I find out what the world needs, then I proceed to invent”.
Successful entrepreneurs and fast growing companies recognise that inventing and perfecting a product that the world needs is essential to their business success. But they also recognise the important of IT in helping them to deliver those products successfully.
Nowadays most product and client data is stored electronically, giving companies an invaluable treasure trove of information to monitor demand, identify new product areas, make the most of repeat sales opportunities and improve customer service.
But whilst private-sector companies spent £2.3bn(1) on software in the first six months of last year, many are still failing to get the competitive edge by buying into bespoke software, which is specifically invented and perfected to fit the process and your business.
The question remains: Why tailor a product or business for the market, to then restrict its success and competitive advantage by using boxed software? Hardly a perfect invention!
(1) Office of National Statistics (ONS)
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