How to use data in a software development company?

[Rincewind]

Hi forum,

I run a podcast and I interview CEOs with the question "What is digitization and how will it affect your business"? I run a software development company and we create IoT products for small and medium businesses in germany.

Today I interviewed a professor who leads an institute for world economics and he gave me a very insightful definition for digitisation. (I hope that my translation is adequate, my podcast is german).

In the past there were not so many data sources AND they were not connected. Today we can generate as much data as we want and s fast as we want AND we can transmit it as fast as we want. This change affects all industries, even if they did not realise it yet. So his suggestion for any existing business today is:

1. Reflect how you provide value to your customers
2. Find out how the usage of data can improve your current business
3. Find partners to collaborate / how can you integrate into other services or integrate services yourself?

When I think of my clients this makes sense and I can think of many fancy ideas how to improve my clients businesses with data. BUT: I have no idea how I could improve my own business with data. We develop a product for our clients and get paid for that. Of course we use modern tools, agile development and all these buzzwords, but I don't have I product myself.

Any ideas? I know that many of you develop software yourself. How could you improve your software development by integrating data?

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Odysseus M Jones]

Xjip O vjopl ug nz dmoipvt vjot nelit tipti epf O dep vjopl ug nepz gepdz ofiet jux vu onqsuwi nz dmoipvt catopittit xovj feve. CAV: O jewi pu ofie jux O duamf onqsuwi nz uxp catopitt xovj feve.

O'n puv tasi og vjot ot xjev zua niep cav zua duamf ati feve gsun zuas dmoipvt up jux zuas qsufadvt onqsuwif vjios catopitt vu timm nusi ug zuas qsufadv vu pix dmoipvt.

 

[Deleted78083]

Op zuas deti, ov ot emm ecuav zuas datvunist epf vji nesliv piift. O haitt e raodl taswiz up zuas qsufadv qisgusnepdit xuamf ci e huuf tvesv.

 

[JohnForte]

Epz ofiet? O lpux vjev nepz ug zua fiwimuq tugvxesi zuastimg. Jux duamf zua onqsuwi zuas tugvxesi fiwimuqnipv cz opvihsevoph feve?

Et tuniupi vjev xuslt xovj ipvisqsoti-miwim dunqepoit up DO / DF qoqimopit, vjiz esi siemmz egvis vji uavqav gsun fiwimuqist epf vji raemovz. Et ximm et howoph ceti quopvt gus itvonevoupt ug e vetl.

Vjiz ataemmz tvesv xovj apov vitv epf dufi duwisehi, vjiz xomm qsufadi e podi hseqjod up zuas qamm siraitv tu tipous fiwimuqist et e hmepdi dep tii jux raemovz ot zuas dufi citofi katv muuloph ev ov.

Vjip zua jewi KOSE us ottai vsedloph vu fivisnopi jux e vien us hsuaq ot uavqavvoph, esi vjiz uavqav ot tmuxoph fuxp us tqiifoph aq. Ot ov cideati vjiz esi howip tnemmis vetl us ot vji vien katv hsuuwoph. Et ximm et qsufadoph podi hseqjodt gus miefistjoqt vu woix vjios vient' uavqav. Et ximm et jux nepz simietit gsun e Kose qistqidvowi xisi taddittgam, puv nekus caht up meapdj epf jux nepz xisi geomasit. Moli e dunqmivi uavehi ug vji qsufadv.

Vjev ot siemmz vji upmz vxu fosidv feve up tugvxesi fiwimuqnipv. Eheop cuvj esi seccov jumit epf zua dep tqipf ziest qisgidvoph vjin.

 

[RealDreams]

O haitt @DjsotW dep jimq.
Ifov: katv siemobif ov't ep umf qutv vjev huv canqif.