Everchanging automotive market conditions, increased competition, cost pressure and unpredictability are leading to change the overall landscape of market. The automotive industry continues to face new challenges each day. Though it is part of any industry function, there is always an opportunity to overcome it and stand out of crowd. On the other hand, convergence of digital technologies has led to new capabilities and opportunities which seem to improve most of the automotive business such as service parts inventory management and supply chain efficiency.
You have a wonderful product, it can be SaaS offering, accounting software, payroll, event booking platform or anything. However, in recent times you have seen your business struggling, customer needs are constantly changing and this is where the competition gets in.
Continue reading Do you really need to migrate and modernize your product?
Technology is changing at fast speed. New systems are required for new devices. In this case migration from current software platform to new digital services becomes often intimidating.
There are millions of software systems used around the world to make the life easy. Many among these software’s are so old-school that they seem to end their lifespan due to its out dated functionalities.
Continue reading Digital Transformation: Moving away from legacy software to system of interaction
Product engineering domain is experiencing new innovations at a frequent pace due to globalization and technological innovation. Companies are in vigorous efforts to attain grip over the current market trends and plan for future business challenges to match with the competitiveness in the market. Novel equipment manufacturers (OEMs) are intending to achieve cost control and implement agile methodologies with the help of IT services. With the increasing competition in domestic and international markets, manufacturers are finding way to keep them technology updated. A right mix of technical expertise with engineering solutions is the only key for product owners to sustain the market.
Your brand value sustains itself on the loyalty of customers. If you fail to cater to the demands of customers as per their latest technological whims, be ready to fade out from the market. Retaining your product’s competitive edge is reliant on how wisely you sense the mood of the customers and take preemptive steps to consolidate your professional bond with them.
This blog alerts you of the five signs that helps you predict that it is high time to reengineer and modernize your product
Continue reading 5 Signs It’s time to reengineer and modernize your product