4 May, 2012
A recent article (22 April, 2012) by Brandon Bailey discussed the 2011 performance of businesses in Silicon Valley. Not surprisingly, Apple led the 150 large companies with $128 billion in annual sales, and astonishingly, nearly $33 billion profit. However, the picture across the board revealed mixed results, particularly when compared to 2010 figures. Slow financial recovery in the US, economic chaos in Europe, and Asia’s natural disasters, are all legitimate contributors according to Bailey. Nevertheless, there are a few exceptions that mainly come from “related trends- such as the explosive growth of social networking, cloud computing, and big data.”
Any conclusion? While keeping in mind the ever-changing scenario of technological trends, it is obviously best to be on the side of current proven winning technology, whether as a manufacturer, consumer, or user. A recent KPMG report on the impact of cloud computing in Australia states: “it is clear from KPMG’s analysis that, should Australian organisations adopt cloud platforms as expected across their ICT requirements – as more mature markets such as the US suggest is likely – then the benefits at both the enterprise and aggregate economy level could be substantial.” It continues to say: “These include lowering ICT operation and capital expenditure by up to 25 percent and 50 percent respectively.” (The Australian, 2 May, 2012)
Whilst a conservative approach for handling budget and expenses would always require a careful review (of both), and a ‘stick to budget’ attitude, the ‘upgrade your technology’ rule should never be neglected, especially in the current business environment. Secured Signing’s digital signature cloud-based solution is no exception; businesses that choose to sign documents online with the Secured Signing service eliminate the printing, scanning, document storage, delivery, and handling of paper all together. Implementing eSignature service saves time, cuts operational and processing costs, expedites the entire business workflow, and frees up staff, budget, and other resources for their core business.
Sophie Beers, Yarra Ranges Council’s Procurement Officer concluded her exceptionally positive experience with the advanced electronic signature solution: “Time frames for signature on Evaluation Reports and Contracts have reduced from 1-2 weeks to a matter of an afternoon. Cost and time saving is literally immeasurable, and has paved the way for us to move wholly into paperless office.”
I rest my case.
Till next time,