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The world is no longer about money, but about data. In fact, money sometimes has the form of digital data. The business world is rapidly digitizing and new technologies are changing products, processes, business models and corporate cultures.

Economists already speak of a new industrial revolution: the industry 4.0.

How do companies participate?

What is the economic impact of this process on your organization? Industrial revolutions change the nature of the business market and force organizations to transform to survive. The large amount of data has changed the market in the following ways. Effective options for the seo help online are now here for you.

Thanks to data, we no longer need physical resources to be innovative or competitive. Organizations such as Uber and Airbnb do not have physical resources, and yet they do better in terms of market value than their competitors.

A data-driven organization can scale up very quickly. In this way Uber gained a value of one billion dollars in less than four years. In comparison, companies used to do this for at least ten years.

Data-driven organizations can grow thanks to scope effects. This means that if one aspect of the organization is optimized through the use of data, this can easily be extended to another industry. Take Amazon, which started with the sale of books, then retail, then food and then probably logistics. This expansion is possible because the data knowledge of the company is easily transferable from one domain to another. The same applies to Tesla, which now uses its knowledge about energy and batteries for cars for clean energy solutions.

Because of the above matters, it is crucial to transform your organization into a digital company. Three issues are important here. What does the technical architecture look like for the new digital company? How do we convert data into concrete assets? How do we build a new organizational culture in which performance is driven by analytics and actual decision making?

The core of your architecture: the business intelligence system

According to Gartner and other research agencies, the technology platform of digital companies consists of five related main systems. In general, these systems cover all important organizational components: customer relations, management of partnerships, management of employees and processes, management of the Internet of Things (IoT) and devices, and support and management of analytics and decision making. Of course, each main system consists of different technologies. The most important thing in this new architecture, however, is that all systems are interconnected and that the business intelligence system (BI) is the core.

Essential Options for the Perfect Search engine Optimization

At least once in his life, every businessman had to collaborate with web studios. And partnership is not always successful. We know a lot of examples when such cooperation leads to a waste of time and money, and often a lot of money!

Therefore, the question “How to choose a web studio and not make a mistake” is relevant and is quite acute. We made a selection of tips that will help you better navigate when choosing studios. Opting for the best Local SEO Company is now available now.

“Statement of the problem”

In order to start the search for a web studio, you need to clearly understand the task that you want to implement. Make an outline of what you wish to receive. This will help to communicate your idea to the developers more competently. And also immediately cut off the additional services that you can try to impose.

“Price range”

After setting the task, think about how much money you could allocate for the project. This is an important factor, since the spread of prices is quite large and varies from 5,000 to 1,000,000 rubles. And here you have to determine your budget, in which you want to meet.

“Make a list of web studios”

Once you decide on the task and price, go to the Internet. Here you can find web-studio. Make a list of those that attracted you most.

Made up? Now let’s understand in more detail.

Portfolio Assessment

Go to the “Portfolio” section and evaluate the presented works. A portfolio with quite a variety of styles is considered to be successful. When evaluating work, build on the following questions:

  1. How much is clear what is offered on the site?
  2. How easy is it to navigate?
  3. What is the site aimed at?

“Evaluate the web studio as a whole”

Now let’s find out more information about the company. For this, look in the section “Services”. What do you see there? Or is the list much broader? It is desirable that the web-studio covers as much as possible a list of services. This indicates its professionalism.

Study the company itself. How many years have they been working in IT services? What achievements do you have? How many employees are there in the state?

If you do not want to order a super expensive project, but at the same time it should be different from all others and not be a template, then the average studio will be optimal. In this company, the team has 5-10 employees. Large studios are mainly designed for serious, costly projects. Either you risk becoming a template project without a particular personality.