Business Process Management
Congratulations — you've just invested in K2! That means you've recognized that your company is using inefficient paper-based processes that are slowing your workflow down right now. Maybe an invoice has to be physically sent to three different people for signatures and it takes several weeks for contractors to get paid. Maybe your inventory process requires a pencil and an hour of someone's time. Maybe you have a literal suggestion box for employees in the canteen and someone has to enter handwritten suggestions into the system manually.
Blockchain and Bitcoin just turned 10 — both were introduced in August of 2008 and both are beginning to mature into mainstream technologies that have the potential to change the way business is done. Because they are so new, however, there are plenty of misconceptions about each. These misunderstandings run the gamut from over-enthused to jaded. Some people may assume that given the hype, blockchain will solve all their business problems. Others may view blockchain and Bitcoin with extreme suspicion.
Blockchain is transforming the financial services industry. The shared digital ledger has huge implications for the way money is exchanged; it fundamentally changes the architecture of banking, makes activities like setting trades faster and cheaper, cuts processing times from days to hours and allows non-traditional players, like TransferWise, to enter the financial services market.
Omni is excited to announce software architect, Jonathan Morley, author of That Book on Blockchain: A One-hour Intro joined us for a series of talks about blockchain and cryptocurrencies this month. Scroll to the bottom of this post for more information on the events.
Blockchain and Bitcoin. They've been all over the Internet, the news and social media ever since they came to prominence in the early 2010s. But despite the fact that blockchain and Bitcoin are often invoked as technologies that should be invested in, how much does the average business actually know about them? How much does the average business owner need to know about them?
Agile: it started as a movement in 2001 and is now the gold standard for software development. Despite wide adoption, however, not everyone is using it. But you should: agile development is an approach to development that allows teams to respond to complex issues with innovation, flexibility and creativity. If you’re seeking rapid innovation and maximum flexibility for your next software project, you should definitely be using agile development.
Internet of Things
Smart medical devices that transmit data directly to healthcare providers. Smart pallets that help warehouses keep track of inventory movements. Smart basketballs that help players track their shots as they practice.
You've got a great job in IT – you're full-time, you get good benefits and you're well paid, but you're bored. Maybe you've climbed the ladder as far as you can at your job. Or maybe you have your own business, but time you have to spend finding clients takes you away from the development work you love. Or maybe you're just starting out but you don't know where you should look for work.
Almost any task you do at work requires a sequence of events. Take a contractor, emailing an invoice. That invoice goes to the contractor's point of contact within your business, then to a manager, and then — once all the approvals are complete — to accounts payable, who enters the invoice into their system. Finally, a check is cut and mailed to the contractor, who cashes it as soon as they get it. It takes the bank 24 hours to process it and withdraw the funds from your account.