Virtuoso Quarterly Newsletter InRev Decision Services Defined. -By James Taylor Market Trend - Twitter for Business Harness Your Social Network IT/ITeS Trends in India
Jun 19, 2015
Virtuoso
Quarterly Newsletter
InRev
Decision Services Defined.
-By James Taylor
Market Trend - Twitter for
Business
Harness Your Social Network
IT/ITeS Trends in India
1 | P a g e July 2009, ISSUE #2
On the successful completion of the second
quarter, we‟d like to present our second issue of
“Virtuoso”.
We are glad to receive good reviews from our
reader for our previous Newsletter. We are
thankful to our readers and hope that we
continue to bring quality news.
Guided by inspiration and support from all the
friends and readers, this time we have worked to
improve the quality articles for the public
reading.
We‟d love to get your comments and suggestion
to improve ourselves. If you have anything you‟d
like to share with us, please email us at
Once again, we thank you all for supporting us.
Mission Statement
Editor’s Desk
2 | P a g e July 2009, ISSUE #2
First quarter gave a good start, and second quarter was a better follow
up. There were numerous achievements in this quarter including
establishing Buzzom as one of the best Twitter Application Globally
(most voted in Twi5.com). It was nice to see well established blogs like
„Start-up Meme‟, „Killer Start-ups‟ and „Think and Succeed‟ covering us.
The other product Fcube is well on its way to become one of the best
Economic Information Systems. This quarter went on covering the
United States, and now the third quarter will be spent on presenting a
true international face.
The competition has increased with Google joining the fray in the area of
public data visualization, and it‟s a test for us. I am sure with the Team‟s
dedication and hard work; we will be able to establish ourselves as a
trusted player in Economic Reporting. Coming months ahead would be
interesting.
There were few updates on GlobalThoughtz; now it comes with a new
Business Model and a quality look. The technical challenges have been
solved, and now the challenge remains in operations. With few
established bloggers with us, and few other professional bloggers joining
in, I am confident that GlobalThoughtz will make it to the top of the
blogosphere soon.
Last six months have been exciting and challenging too. I am happy
about the financial achievements of the company amid the Economic
Recession. This quarter saw the rise in number of the clients and the
client leads. The other achievement was to have a new partner, ResCon,
Research and Consulting Firm based in Kathmandu, Nepal.
In short, I see past quarter as a successful period for the company and
am hopeful to have better time ahead. I thank all friends for making this
happen.
Thank you.
Message from CEO
Bhupendra Khanal
3 | P a g e July 2009, ISSUE #2
Organizations adopting Decision Management improve day to day business results
by supporting, automating and improving operational decisions.
Decision Management is a business discipline that builds on existing enterprise
applications and IT infrastructure to put data to work, manage uncertainty, increase
transparency and give the business control of their systems. It focuses on
implementing core decisioning technologies such as business rules, data mining
and predictive analytics, and optimization and defines how you can effectively
incorporate these technologies into your business applications. It results in systems
that support your business objectives, are flexible and business-led, are compliant
and easy to change and are data-driven and constantly improve.
There are five core concepts in Decision Management – operational decisions,
business rules, business analytics, decision analysis and adaptive control.
Operational Decisions
At the core of Decision Management
is a focus on Operational Decisions.
These decisions are not the big, high-
value decisions beloved of
management consultants and CEOs.
These decisions are those required to
make day to day operations run
effectively. They ensure that
customers are treated consistently,
that the right price is offered, that the
most effective offer is made. While the
value of each individual decision is
small, the cumulative effect is very
large because organizations make
these decisions often.
- James Taylor
Decision Services Defined
Business Rules
Business rules are the core building block of
operational decisions. Business rules are
atomic, declarative statements of business
intent. Business rules implement the
policies, regulations, know-how and
expertise critical to decisions.
4 | P a g e July 2009, ISSUE #2
Business Analytics
One of the most powerful features of Decision
Management is the ability to bring analytics into
play. Business analytics includes data mining –
used to investigate data and derive trends and
characteristics that can be represented as business
rules – and predictive analytics- used to create
models that predict how customers might behave in
the future. Decision Management allows these
insights to be applied not just to broad statements
or corporate strategies, but deep down into day to
day operations.
Decision Analysis
Organizations use performance management
techniques and technologies to continually evaluate
their performance against metrics and monitor
processes. Decision Analysis applies these same
techniques to constantly monitor and evaluate
decision performance so that the impact of
decisions on the business can be assessed and used
to improve decision making.
Adaptive Control
The things that determine if a particular decision is
a good one are often out of your control. It can also
take time to determine if a decision has a positive
outcome. A decision must therefore constantly be
challenged with new approaches to see if a better
approach is possible or if an existing approach has
ceased to be effective. This test-and-learn approach
is known as adaptive control.
About the Author
James Taylor is the CEO of Decision
Management Solutions and the
leading expert on the business and
technology of decision management.
Decision Management helps
companies maximize the value of their
existing systems and improve
business processes transaction by
transaction.
Providing consulting and advice
business rules, business process,
business intelligence and predictive
analytics, Decision Management
Solutions helps companies adopt
decision management.
5 | P a g e July 2009, ISSUE #2
RANK Site Feb 08 Feb 09 % growth
1 Twitter.com 475,000 7,038,000 1382%
2 Zimbio 809,000 2,752,000 240%
3 Facebook 20,043,000 65,704,000 228%
4 Multiply 821,000 2,394,000 192%
5 Wikia 1,381,000 3,758,000 172%
source: Nielsen NetView, 2/09, U.S., Home and Work
Online Social Network has many faces, among
them Twitter stands as the most unconventional.
There are many blogs written on whether Twitter is
a social network or not. Even the CEO of Twitter,
Evan Williams have said in one of his interview:
- InRev
So, what is Twitter?
Trying to categories Twitter will never work
because the fact is its one of its kind. Instead, we
must give time in understanding how things work
in Twitter and use it to benefit our business. This
article is mainly going to demonstrate the potential
of Twitter as a business tool.
Trend in the Market
There was time when no one thought that having a
company‟s website is going to be a fruitful
investment. Well, looking around now we see it‟s as
one of the top priority to be visible in the market.
Then, there was BLOG. Everyone thought, it‟s for
self-expressionistic and unprofessional people.
Well, again it‟s a must for any big organization.
Blogging and Web-Site Designing has become a
part of business development. Now it‟s Twitter. As
always, we have our doubts and fear of its
sustainability.
Above table shows the %growth of
Twitter astoundingly high. The
popularity that it is gaining through not
only internet but also through other
traditional media is very high. The graph
below shows the rise in the unique
visitors on Twitter‟s Site. We can see a
sharp rise after January 2009 and right
now the unique visitors have almost
increased to 20 million per month.
These data shows how rapidly Twitter is
making its presence in Internet.
“It looks like Social Network but is actually fundamentally different, in how the
relationship structure work. Facebook is about finding and encapsulating the real
world connections where if we know each other, we say we are friends and then
communicate. Twitter is asynchronous relationship model where I may be
following your updates but you may not care about mine.”
Fastest Growing Member Community Destinations
Twitter for Business
6 | P a g e July 2009, ISSUE #2
0
5
10
15
20
25
Unique Visitors to Twitter.com in Millions
How are Organizations using Twitter?
At this time of recession and economic
downfall, DELL makes $1 Million in revenue
through Twitter.
Source: http://www.compete.com
Path Ahead
Twitter is has become an inevitable part of the
internet. It has transformed the way company
tracks customer‟s opinion and the way they
communicate with them. It is the ultimate PR
platform for any business hub from a
Household business to the Multi-National
Company. Further, it is also important to
understand the relationship between the blog,
webpage and twitter page. These three are the
essential ingredients which must not be
missed by any business organization.
Now it’s your turn
Every day, hundreds of articles and Medias are
generated on “How to use Twitter as
Marketing Tool?” Many businesses even have
their business model based on assisting
company grow their sales through twitter.
Dell (NASDAQ: DELL) says Twitter has
produced $1 million in revenue over the
past year and a half through sale alerts.
People who sign up to follow Dell on
Twitter receive messages when
discounted products are available the
company’s Home Outlet Store. They can
click over to purchase the product or
forward the information to others.
Source: InternetNews
Dell has one of the most interesting and
innovative, sales and business model. No
wonder they were first few to get hold of the
Twitter‟s potential as a good channel. So it‟s
sure to be followed by many.
Many are calling this as a cheap marketing
technique, but the truth is not all of them
have become successful through twitter. The
reason is “Twitter is not a magic wand” that
everyone is thinking it to be. To get full
success from Twitter, it needs to be used
intelligently and thoughtfully like any other
media.
Make your-self one.
Twitter has many aspects to it. This article
demonstrates that business is one of them.
Twitter has tremendous potential to boost
your sales and your brand to the consumers.
Twitter provides a magic mirror through
which you can track your brand and act
accordingly.
So, do not delay and make yourself one, if
you haven‟t.
Read more about it on blog:
{http://www.buzzom.com/blog/?p=88 }
7 | P a g e July 2009, ISSUE #2
IT & ITES Sector has been one of the hotshots of Indian economy. India has leveraged upon this
opportunity and spread its IT Presence worldwide. This report covers a detailed analysis of the
Indian IT/ITeS Sector along with a detailed profile of top players in the industry with their
financials. It starts with defining the industry which includes the activities performed by the
companies which come under the purview of the IT sector and the proportion of the companies
which are involved in the corresponding activity. A light is thrown on the evolution of Indian
IT/ITeS industry describing about the three stages/phases of Indian IT/ITeS Sector, including
detailed information about the policies and events.
-Krishnadas.N
IT/ITeS Trends in India
A sector Report
The report clearly demonstrates the growth track of
Indian IT/ITeS industry updated till 2009 estimate and
elaborates the reasons for India-Advantage. A deep
insight is given into Indian BPO Sector, with details of its
growth and revenue from different service lines of BPO. It
gives a detail description of the shift in trend of the
industry moving from the Back-end Services location to
the Global Innovation hub. Most important part of any
sector report is to understand the entry-exit barrier and
the factors that affect the sector like economic, political
etc, thus have been covered for the IT Sector as well. It
gives a detailed analysis of IT Sector Growth in terms of
STP Parks, Workforce etc.
Also touching upon the regulatory environment in the industry, it gives the details of India in
Business. The top players in IT/ITeS Sector have been analyzed in detail with the current trends
and financials. Thus, the report can be used an effective tool by foreign investors to look upon
investment options in Indian IT/ITeS sector. It can also be used by potential entrant in the
sector to study and learn from the existing trends.
For complete Case Study Visit :{ http://f-cube.us/web/knowledge?method=dispKr&krId=25}
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