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Archives December 2015

5 Big Data Mistakes to Avoid

Last update on April 14, 2016.

Big Data MistakesBig Data technology has fascinated businesses with its ability to forecast customer demands and business opportunities. More and more businesses are embracing this technology to extract value from the massive volumes of data that they generate every day, and if you’re one of them, this article is for you.

Investing in big data analytics is a great business decision, and to gain maximum benefit from your investment, you must use is the right way. In this article, we are listing the top 5 common mistakes that you should avoid in order to achieve your objectives of investing in this ...

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To Manufacture or To Sell – Which Industry is Sweeter?

Last update on April 14, 2016.

Chocolate IndustryThe outlook for the chocolate industry is brighter than it has been ever before. IBISWorld predicts that the chocolate manufacturing and chocolate retail industry will enjoy annual growth rates of 2.2% and 2.8% respectively through the year 2020. This favorable market forecast has encouraged many investors and companies to jump into this chocolate world that offers them unlimited growth opportunities.

In this article, we are comparing the benefits of each of the industry and introducing you to different ways that you can enter the industry to seize the unexplored opportunities.

Increased Consumer Spending on Chocolates

While per capita ...

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From Our Team to Yours – Merry Christmas & Happy New Year 2016!

Last update on April 14, 2016.

klerigi Holiday WishesThis year has been full of new beginnings, learning experiences, and overall growth. Growth has been an integral part of our team, not only corporately, but individually. We have seen our klerigi family grow in size, and each person flourish into becoming better human beings. This year we also had the honor of celebrating a new office opening in the Chicago area, where we’ve had the pleasure of meeting and interacting with extremely generous people. Thank you Chicago for receiving us with open arms!

Since this is a Holiday message, 'Holiday' is a contraction of the words 'holy' and ...

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Using Networking as Your Business Tool

Last update on April 14, 2016.

Networking“It’s not what you know, it’s who you know”. This simple phrase encompasses the importance of networking. Networking can be best defined as a free business tool which not only helps you meet new people every day, but also provides you a way to learn and experiment new things. Once considered to be a mere way to socialize, networking possesses immense business importance.

Networking Helps You Establish Business Contacts

Networking is a great way to establish new business contacts and leverage them at the right moment. Among these business contacts, you can find your next big client or ...

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Expanding Your Business' Horizons

Last update on April 14, 2016.

Expanding internationallyTechnology has made it easier for companies to expand their business and reach new markets. Once considered to be a possibility only for big firms, globalization is an excellent business expansion solution that is also open to SMEs. If you’re contemplating whether you should go global, you should determine your reasons for expansion, determine if it’s realistic for your business, and do your research to make it a successful business move.

Why Go Global?

You may have the following reasons for expanding your business internationally.

  • To explore new markets in order to increase sales.
  • To cut labor and ...

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The Incline and Decline of Two Holiday-Driven Industries

Last update on April 14, 2016.

Holiday-Driven IndustriesTechnological evolution has left significant impact on how businesses function today. New technologies have created new markets and have diminished others. One such industry which has been impacted greatly by technology is the Greeting Cards industry. This industry has been in the decline phase for several years now, and is expected to drop down to 21 billion USD by the end of 2020. Various factors have contributed to the decline of the greeting cards industry, including increasing demand for digital greeting cards, emergence of social media, and increasing postage rates.

While greeting cards industry is in the decline phase of ...

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5 Easy Tips for Obtaining Cost Savings in a Technology Company

Last update on April 14, 2016.

CartoonAs defined by Sarah Cook, Business process improvement is an aspect of organizational development (OD) in which a series of actions are taken by a process owner to identify, analyze and improve existing business processes within an organization to meet new goals and objectives, whether it’d be increasing profits and performance, reducing costs, going public, and accelerating schedules.

On July 30, 2002, President Bush signed into law the Sarbanes-Oxley Act of 2002, which he characterized as “the most far reaching reforms of American business practices since the time of Franklin Delano Roosevelt. The Act mandated a number of reforms ...

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Staying Ahead of the Competition

Last update on April 14, 2016.

CompetitionWhether you’re an established Fortune 500 company or an entrepreneurial startup, it pays to keep an eye on what new products or services are being launched by your competitors and what measures they are taking to outpace your business. Surprisingly, not many businesses today realize the importance of competitive analysis, and even if they do, they don’t have a structured process of executing a competitor analysis.

Excuses for Not Doing Competitor Analysis

There are numerous factors that contribute to this behavior of businesses – many don’t realize the true benefits of competitor analysis, and then there are others ...

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klerigi Business Innovation Series featuring The Social Side

Last update on April 14, 2016.

This post is part of our Business Innovation Series where we interview businesses with innovative and disruptive business models to help shed light on what made the founder start the business, how they handle their industries, and what is next for these amazing companies. Each month we research and select two companies to be featured in this series.

What service does your company provide to consumers and how is this valuable?

The Social Side is a news service with a focus on good news. By featuring people doing good for others, non-profit organizations who are making an impact in their ...

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