article thumbnail

Leverage Blockchain Technology for Supply Chain Management

BizAcuity

Quite recently, the logistics industry was introduced to Edge and Fog cloud computing , to make the use of IoT devices (for analytics) cost-effective and efficient. It has all the benefits that could streamline the supply chain- transparency, traceability plus heightened visibility, collaboration, coordination, and planning.

article thumbnail

How The Cloud Made ‘Data-Driven Culture’ Possible | Part 1

BizAcuity

Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Companies planning to scale their business in the next few years without a definite cloud strategy might want to reconsider. The primary benefit is cost-savings over using multiple physical computers.

IBM cost 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Urge to Strangle(The Strangler Pattern)

Leading Agile

Business agility means having the capability to “turn on a dime” at low cost and with low risk, to drive innovation, respond to market changes, and overcome the competition. Leaders are keen to simplify their infrastructures, reduce overhead costs, and offload some of the work while increasing business agility.

article thumbnail

Three Best Practices for ASC 718 Reporting

Insight Software

Unfortunately, at the time that so many tech startups were springing up in the early 2000s, accounting practices related to the expensing of equity-based compensation were not well standardized. Many emerging companies, in their zeal to appear as profitable as possible, chose not to recognize such expenses at the time they were incurred.