The Real-Time Costs of Software Development
- by Team
a website to track my startup, but they no longer exist.
and it’s a lot of fun to read them.
Nicely written post.
somewhat recently (3 days ago).
motivated to the point where I’m able to do it.
I really like this quote from another HN post I’ve read, a few days ago.
_You’re never going to be ready for success until you’ve been successful.
isn’t about a specific amount of money or possessions.
better than you found it.
Thanks for the feedback.
I appreciate it.
very different from what I’m accustomed to.
lacking focus and I often feel overwhelmed.
MarginEdge: Bringing Real-Time Costs to Independent Restaurants & Hotels.
Software is the biggest single category of consumer goods. And with this large category comes large costs. From software licensing and maintenance costs, to staffing costs and software development costs, all of these costs have a big impact on consumer’s shopping decisions.
is not only consumer’s choices (and their spending) that are impacted. The costs of software development for companies like Amazon, Facebook, IBM and others are now a part of most of the software companies’ pricing for consumer-facing products.
the real-time costs of software development have become much easier to quantify, this research is still required to understand this technology, and how it is affecting companies and consumers.
also paying for the right to use the software they create for consumers. However, this has changed with the rise of “cloud native” approaches within the last few years.
they can produce products. Software is not the only cost that is growing. But even here, margins have been steadily shrinking for a few years now.
With this type of cost, most consumers are now able to consider and compare the software they need before they make their final purchasing decisions. These costs are often reduced to a point where it’s no longer a significant factor (or at least no longer the deciding factor), which is a huge improvement for consumers and companies alike. And as such, it was only a matter of time before software developers were getting in on the action as well.
Software is now so much easier to estimate and compare; software developers are able to come up with real-time cost estimates and the consumer can decide on the cost before spending money (and having to find a place to eat). This new market is beginning to change the ways in which software is developed and released, as it has changed the way software is being created, the ways users are able to interact with it, and the way users and consumers shop.
Investing in a Hospitality Technology Platform
The following study from The Economist looks at the future of hospitality in the new digital economy. The authors write that the biggest issue facing the hospitality industry is the rising number of hospitality workers migrating into other sectors, which is creating an even more volatile landscape. The authors write that they are ‘…dealing with the rising turnover of staff in the hospitality sector,’ which is putting the industry at a competitive disadvantage. The authors go on to describe the ‘…increase in the number of job postings for hotel managers that were being managed by other operators. ’ Ultimately, however, they conclude that there are ‘…a couple of key trends that could be driving these changes: the increased number of job postings for hotels from other operators, a growing concern about the future of existing hotel brands and the increasing number of non-traditional hotel jobs. ’ The authors conclude: ‘the hospitality industry is going to have to find a new way of doing business.
If you are involved in hospitality and would like to read about the future of the industry or are interested in providing your own insights, please see the full article published in The Economist‘s forthcoming ‘The Next Five Years in the Hotel Industry’ issue.
Software as a Service (SaaS) is a cloud-based software solution that allows any business to offer it’s services over the Web, over the Internet, as virtual servers. If you’ve ever worked with a company or company from another sector, then you know a SaaS solution is a great solution. SaaS providers make it possible for large companies to offer powerful, flexible and easy ways for small and medium-sized businesses to offer their services online.
Companies such as Salesforce. com, Box, InfusionSoft, HubSpot and others offer SaaS tools that let your business manage and automate most of the functions of your company. These are becoming the de-facto standard for most every industry.
However, if you are involved in hospitality, then you need to understand the future of the industry. You need to know how the SaaS solution is going to transform the way hotels operate.
The value of MarginEdge: Managing a large scale restaurant management system
“Mark Zandi, the former managing editor of Fortune magazine, shares his tips for running a profitable restaurant. Zandi says keeping tabs on the health and profitability of your business requires monitoring margin. In the age of new restaurants and other restaurants that are getting bigger every day, managing margin means keeping track of every penny you spend on your sales and costs (the margins) to ensure they stay within reason as your restaurant grows. As a restaurant owner, you understand margin is the difference between your cost of goods sold and your sales costs. As a manager, you understand that margin is being used to make your business successful. This means that if your restaurant sells low, you need to increase your marketing efforts and spend a lot of money. Also, increasing your marketing costs means you need to hire more people at minimum wage and take on as much risk as you can. Finally, when you take on the risks and the responsibility, then you have to give proper compensation to employees who work hard for you and not have any other choice.
Running a profitable restaurant is not a cake walk. No one wants to see a failure. In fact, restaurants are a great source of revenue and profit in the short-term. However, when it comes to long-term economic viability, the restaurant industry has been at the bottom for years now. Restaurants, like other businesses, grow and shrink and it is important to understand that the industry as a whole needs to change in the years ahead.
The good news is that there is no single recipe to successfully run a profitable restaurant. To run a successful restaurant, you have to work a lot of different areas to find out what works for you and what doesn’t, which is the same reason why everyone’s needs are different. The key to running a successful restaurant is to understand margin. “Margin is the difference between your cost of goods sold and your sales costs,” says Mark Zandi, former managing editor of Fortune magazine and author of The Value of Margin. “As a restaurant owner, you understand margin is the difference between your cost of goods sold and your sales costs. As a manager, you understand that margin is being used to make your business successful. This means that if your restaurant sells low, you need to increase your marketing efforts and spend a lot of money.
Tips of the Day in Software
This is how most projects really get done, but it doesn’t necessarily apply to your situation. If you had a problem with your current version of the software, do this. If it was a software defect that caused problems in your system, then this approach would not be appropriate. If you made the decision before a critical issue was found, then this approach will be appropriate.
When I want to use a certain tool in an environment that I’m not familiar with, I find it helpful to have it defined in my mind as a separate set of commands for an environment, and then to run one or more of those commands to get a specific result.
I’ve been going through the entire list of features and issues that I’d like to have a GUI for (see also the sidebar, “Issues). However, the thing that sticks out to me is the ability to see at a glance what I don’t know. I know I’ve got a great GUI, but if I don’t understand something, it’s hard to find what I do to fix it. So, I decided to add an “Expert” module for each of my feature and issue lists.
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Spread the lovea website to track my startup, but they no longer exist. and it’s a lot of fun to read them. Nicely written post. somewhat recently (3 days ago). motivated to the point where I’m able to do it. I really like this quote from another HN post I’ve read, a few days ago.…
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