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Articles on Business Innovation

Building The Smarter Way

The construction industry has substantial socio-economic impact, both nationally and internationally. Yet, given the obvious importance of the industry, it is surprising that the general view of the industry is one that is resistant to change, inefficient and lagging behind most industries in terms of technology implementation. This is largely due to the nature of how the industry operates, and the relatively low awareness of technology capability among industry players. With globalization happening at such an immense pace, operational costs on the rise, and increasing demand for more quality and sophisticated buildings, we need better ways of doing business now. As already proven in other industries, technology can help small companies to act “big”, and help big companies to act “small”. Small construction firms can leverage on technologies to acquire some of the capabilities and market access of larger organizations, while large construction firms can use technologies to achieve some of the agility and responsiveness of small organizations.

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Tips To Choose The Right Software Consultant

The importance of software and technology in the course of business operations can never be put aside today. Technologies can make tasks easier and done more efficiently if implemented properly. However, hiring a software consultant can be a daunting task for many small and medium business owners, especially if they are not very familiar with technology or for those who do not have technical background.

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Digital Cash: Bleak or Bright?

Digital Cash (or Electronic Money) refers to money that is exchanged only electronically via computer networks, such as the Internet. With the burgeoning e-commerce industry on the Internet, the implementation of digital cash has gained traction into a viable means of making transactions on the Internet. At the same time, the financial and Internet community were also facing several controversial issues arise from digital transaction over the Internet. I believe the benefits and convenience of digital cash should be obvious to anyone who has experienced any financial and business transaction over the Internet. Therefore, in this article, I will intend to open your eyes (or make some logical predictions) on the problems of digital cash system, such as fraud, theft, privacy and criminal issues. Some comments are made regarding the resolution of the flaws and loopholes found in digital cash implementation and the regulations implied.

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