When you want to grow your business and improve your bottom line, you don’t really want to be stuck trying to adapt your way of doing business to Commercial Off The Shelf software (COTS), do you? I/O Technologies creates custom software solutions for businesses across the United States.
“But Dave,” you say, “we already tried hiring a software developer, and it didn’t work.” That’s not a complete surprise. In fact, consider this: the Standish Group, a leading IT research firm, recently reported that more than half of all software projects conducted between 2002 and 2010 were described either as challenged or complete failures. Only 37% were classified as successful.
Sadly, you don’t have to look very far to find examples confirming the statistics …
- On August 1, 2012, a bug in trading software at Knight Capital Group caused the program to fail. When the cyberdust settled, Knight had to pick up the tab for $440 million to cover the faulty trades. It took 30 minutes to recognize the bug and shut down the program. By then, the damage was done. Working from a deadline that couldn’t be extended, Knight had to choose between two options: delay the launch until they were sure of its reliability, or deploy an untested system and hope any bugs would be minor. They did not choose wisely.
- Microsoft’s “Kin” phones (Kin One and Kin Two) were pulled off the market just two months after product launch. The phones were designed for heavy users of social networking sites. Even after slashing the price in half, sales were dismal. Microsoft didn’t disclose the total cost of the project. But it’s likely to have run somewhere close to $1 billion.
- The infamous U.S. FBI Virtual Case File system was designed to “connect the dots” among disparate pieces of intelligence. Turns out, dots can be harder to connect than you might expect. The project was cancelled after wasting $170 million.
How’d you like to walk in the shoes of the managers overseeing these projects? Can you spell M-I-G-R-A-I-N-E ? It’s no wonder that most IT managers think long and hard before moving ahead with changes to their current software—even when they know there has to be a better way. Why? Sometimes, the devil we know isn’t as threatening to us as the one we don’t know. Making small adjustments can be a hassle—never mind swapping out an entire system. Challenges like these can keep you wide awake at night, staring at the ceiling …wondering which direction to go and asking yourself, “will there be a business left to come back to when this is finally over?”
But let’s look at it another way. Even if we accept the Standish report at face value, the good news is that you have a better than 33% chance that your next software launch will be a smashing success. Here’s even better news: with the right approach, you’ll have much better odds. (See our 100% risk-free guarantee.) Of course, the only question is, “What’s the right approach?”
Even if you’re not planning a new software project right away, here’s one small step you can take now so you’ll be sure your next software project will beat the odds, boost productivity and improve your company’s bottom line:
For a limited time, we’re offering a FREE two-hour needs assessment, performed on site. After our visit, we’ll follow up with a written report detailing our findings and recommendations. The only investment on your part is the time needed to sit down and talk. There’s absolutely no obligation to buy anything from us now, or ever.
In just a couple of hours, we can ask you and your people several key questions, examine your current equipment and software, and provide a very, very revealing analysis of all the unused or under-utilized capabilities “sleeping” on the job … advise you how to “wake ‘em up” … and show you how to really harness your data – often using the hardware you already own.
No doubt you already have some systems in place. And many components must be working well already. But it never hurts to get an objective review. Who knows? We might take one look and confirm that you’ve already done an excellent job in automating your operations and mining your data. Or, we may identify a process or two that you can leverage to add even more value to your manufacturing operations.
Your free needs assessment, valued at over $280 is available to you free of charge. But this opportunity won’t last forever. So call now!