article thumbnail

Are Products Really Better Than Services? Maybe It’s Time To Reevaluate 

Crunchbase News

This preference underscores an inclination toward the scalability and predictability that products can offer. This preference underscores an inclination toward the scalability and predictability that products can offer. But, at least based on my firsthand observations over the years, this conventional wisdom might need a reassessment.

article thumbnail

How we pivoted our deep tech startup to become a SaaS company

TechCrunch

For the foreseeable future, global markets will require billions of highly specialized electric machines that perform much better than the inefficient relics of the past. Fortunately, the SaaS direction has delivered upsides: We’ve achieved relatively strong product-market fit and cash flow-positive status without big VC raises or burn rates.

Company 247
Insiders

Sign Up for our Newsletter

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

article thumbnail

5 questions CIOs must ask after Southwest Airlines’ failure

CIO

In 2017, Fast Company wrote that Southwest Airlines’ digital transformation “takes off” with an $800 million technology overhaul, but only $300 million was dedicated to new technology for operations. The investment seems minuscule given that Southwest Airlines was a $33-$38 billion market capitalization airline in 2017.

Airlines 356
article thumbnail

Gather AI secures new cash to scan inventory in warehouses using drones

TechCrunch

The proceeds bring the company’s total raised to $17 million, which CEO Sankalp Arora says is being put toward expanding Gather’s deployment capacity and go-to-market plans as well as hiring new machine learning engineers. ” Gather isn’t the first to market with a drone-based inventory monitoring system.

article thumbnail

Low code/no code tools reap IT benefits—with caveats

CIO

Experimenting with user interfaces, delivering new services Sendinblue, a provider of cloud-based marketing communication software, uses low code workflow automation, data integration and management tools to quickly experiment with features such as new pricing plans, says CTO Yvan Saule. It’s for speed to market,” says CTO Vikram Ramani.

article thumbnail

Understanding the Dynamics of Custom Software Development

The Crazy Programmer

Many organizations find themselves looking for software solutions that simply do not exist on the market today. Compared to commercial off-the-shelf software products (COTS), custom-developed software is built to meet a narrow, specific set of requirements. Why Choose Custom Software Development?

article thumbnail

What Is Custom Software? Unlocking the Power of Tailored Solutions

Invid Group

Customized software is created from the ground up with the unique needs, workflows, and goals of a given business in mind, in contrast to off-the-shelf software, which takes a one-size-fits-all approach. Scalability and flexibility: A business can develop and expand alongside custom software. What Is Custom Software?