Blogs

Accelerated Development

Blogs

Accelerated Software Development
Digital Transformation: 3 Secrets Your Consultant Won’t Tell You
The story of Digital Transformation is not without its pitfalls. There are roadblocks that need to be recognized, understood, analyzed and addressed before the changes kick in. More often than not, it is not an external consultant who will highlight these challenges to you, but it is you who will have to call out the elephant in the room. Here’s an interesting story that would help you understand why the entire company has to align with Digital Transformation goals to make it working. Let’s assume a mid-sized enterprise planning to transform their business with digital solutions. The enterprise has been seeing its profits dwindling and they undertakes an organizational restructuring to reoriented their go to market strategy; approaching the market with industry-focused solutions rather than an inward-looking services approach. However, there is a lurking fear that they will lose their edge to the competition. In a brainstorming session, the company decides that it was not fully geared up to compete in the digital world and was not aligning with the volatile business landscape. The IT head was tasked with the responsibility to come up with the ‘Digital Transformation’ plan for the organization. They hire a consultant for recommendations, who presents a blueprint on how the organization has to adopt new technologies in becoming agile and serve customers better. The organization is all set to begin the journey. As you would have guessed by now, something was messed up. More than hope, it is doom that seems to be lurking in the shadows. Any transformation of the business is a high-stakes game with inherent risks. Success depends on identifying the risks and avoiding them. And, these challenges are not limited only to external consultants. To transform a business completely, it is the C-level executives, employees, partners, vendors who have to resonate with the transformation agenda. Let us take a look at the major roadblocks to Digital Transformation.
Anand Ethiraj
February 27, 2018
5
min read
Accelerated Software Development
How to know whether your users are realizing value from your product?
You have launched your mobile app; with bated breath closely tracking the number of downloads/installations. With the crossing of each milestone number, the excitement increases. After all, the more your product is lapped up, the indicator it is that you have hit the sweet-spot. And we all know that strong metrics are fundamental to building strong products. But, which metrics tell you the real story? How do you actually know that your customers are getting tangible value out of your product? You have two ways to achieve this, either you can partner with a leading web application development company or digital transformation services or can identify the metrics yourself. While the complete story depends on multiple factors, including metrics, reviews & feedback, shares, revenues and even market buzz, user engagement is a good indicator that users are realizing value out of your product. And if users are realizing value, they are more likely to stay, refer and bring revenues… and help you grow. There are many ways in which user engagement can be measured. The choice of metrics depends on a number of factors, including the type of product, the audience being targeted, the age of the product, and many more. You can read more in our blog on “A simple guide to app analytics.” Let’s look at a logical structure of metrics for measuring user engagement.
Anand Ethiraj
September 30, 2020
5
min read
Accelerated Software Development
Digital Transformation Success: Why Measuring Key KPIs Matter
According to a Forbes report, executives say the top benefits of digital transformation are improved operational efficiency (40%), faster time to market (36%) and the ability to meet customer expectations (35%). As all these factors contribute to better RoI, executives focus on investing in digital transformations. But how do you measure the success of digital transformation initiatives? As digital transitions are long haul, attaining immediate outcomes is impossible and analyzing the performance and progress of the initiatives matters. If you’re a C-level executive looking for a solution to this persistent problem, this post is exclusively for you. There are too many things to measure and focusing only on the realistic KPIs will help you understand the progress and success of the initiatives planned. Leveraging the capabilities of leading digital transformation services is recommended to mandate success. A common mistake most executives make when measuring success is overlooking the critical parameters: of the many, ensuring why your business needs digital transformation is quintessential. Without a need for digital transformation, there is no point in carrying out such an expensive and time-consuming program. Next comes the measuring part. No companies can have the same ways of measuring success and the metrics differ between organizations. KPIs are mostly organization-specific and one list will not work for another company. Here are some of the ways you can set up KPIs for measuring your digital business transformation success.
SHIVA SANKAR
October 1, 2020
5
min read
Accelerated Software Development
3 Points to Consider While Choosing A Digital Transformation Partner
Digital transformation needs no introduction as several reports indicate that it is widely practised across industry verticals. By all means, digital transformation is a never-ending journey for any organization. As customers and markets, as well as technologies, evolve, there is always a need for companies to digitally reinvent the organization fully or in parts. In the early phase of the 21st century, digital technologies were being deployed in businesses with the main focus on improved daily operations, enhanced efficiency and level of output. Today, a majority of the digital transformation services and solutions focus on delivering specific outcomes to the customer, with the process of digital transformation affecting all aspects of the business. It is rather prudent to use the customer life cycle to make the business case for digital investments. As you look for external experts/agencies to be your digital transformation partner, the market has a wide choice – across technology and industry segments. Obvious considerations before choosing the right technology partner for your digital transformation journey (as with any technology implementation) are: Desired specializations and services, eg. mission-critical solutions, UX/design, social media etc. Previous work/client references Technology alliances/partnerships Industry experience Use of offshoring services Company size, financial, structure etc. Company culture eg. contributions to the industry, investment in staff training, workforce diversity etc. Let’s go beyond the obvious and look at three table stakes in choosing the right partner.
SHIVA SANKAR
October 1, 2020
5
min read
Accelerated Software Development
Digital Transformation – A Reality Check Before Biting the Bullet
You have been hearing about the Fourth Industrial Revolution. It’s probably the hottest topic for businesses, thought leaders, policymakers, scientists and of course technocrats. Klaus Schwab, the Founder and Executive Chairman of the World Economic Forum, who coined this term, writes – “The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that has been occurring since the middle of the last century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres.” He makes a very important, pertinent point – “Neither technology nor the disruption that comes with it is an exogenous force over which humans have no control. All of us are responsible for guiding its evolution, in the decisions we make on a daily basis as citizens, consumers, and investors.” While Digital Transformation as a term is still misunderstood, today, digital transformation as a business imperative is widely agreed upon. What then is a digital transformation in practice? Is it an IT project? Or the introduction of a few cool tools in the company? Or the addition of mobility is driven customer relationship management (CRM) initiative to engage customers better?
Anand Ethiraj
October 6, 2020
5
min read
Newsroom
Hakuna Matata Solutions Pvt Ltd Receives 2022 Clutch Leaders Award for India’s Most Prominent Software Developer
Conceptualizing, designing, developing, and implementing new technologies can be a daunting feat. Here at Hakuna Matata Solutions Pvt Ltd, our mantra literally revolves around producing great technologies without trouble. We know how hard it is to run a business, that’s why we want you to rest easy knowing that your project is in capable hands. Based in Chennai, India, our team has more than 15 years of experience working on all kinds of technologies and services. When it comes to what we do, we’re second to none. Today, it’s a genuine honor for us to announce great news to all of you. Just recently, Hakuna Matata Solutions Pvt Ltd was officially hailed as India’s best-performing software development company during the Clutch 2022 Leaders Awards! Clutch is a development research resource platform from the heart of Washington, DC, committed to helping small, mid-market, and enterprise businesses identify and connect with the B2B providers they need to achieve their goals. Their team of analysts interview service providers’ clients to collect client feedback, analyze industry data, and compare competitors in a specific market to arm businesses with the information they need to connect with the right service providers. Every year, the site spotlights the top B2B companies that demonstrated unrivaled success and dedication. “We’re thrilled to receive this recognition! It gives us immense pride to be rewarded as a Clutch Leader.” — Chief Executive Officer of Hakuna Matata Solutions Pvt Ltd With that being said, we also want to congratulate and thank our clients who helped make this a reality. Because of the reviews they’ve given us, we’re here celebrating today. This recognition reflects not only our success but also their satisfaction and accomplishments.
hakuna
March 22, 2022
5
min read
Accelerated Software Development
9 Reasons Why the US & Europe Companies Need Offshore Product Development
The growing customer demands force companies to develop and deliver products swiftly, without compromising quality. While some companies have the right talents and infrastructure, others have challenges in developing and delivering products to customers in time. Significantly, the companies in and around the US and Europe face stiff challenges derailing their growth. Many US and European companies face nine challenges. Product development overhead cost Lack of resources Improved product quality Infrastructure cost Technology and innovation Timely development and delivery Geographical limitations Managing their internal operations Delivering a consistent customer experience Well, is your company facing any of the above challenges? This post will guide you with a practical solution to improve your service and operations at a lower cost. The solution is – to partner with seasoned offshore development services for your unique and quick product development needs. What is offshore product development I know offshore product development doesn’t need any introduction, yet I am sharing a brief for companies that haven’t tried this trick. It is the process of delegating or assigning the product development activities to a third-party company to accelerate the production rate without compromising quality. Adapting offshore product development strategy The US or European companies that have problems with on-time product development and delivery have a fantastic choice to skyrocket their operations and growth in the form of offshore product development. According to the latest report, outsourcing entails the contracting out of business processes to external parties, either domestically or offshore. In 2019, the global market size of outsourced services was valued at 92.5 billion US dollars, increasing approximately seven billion US dollars from the previous year. (Source: Statista) With the internet paving the way for global customers’ products, companies have to rethink their existing strategy to include offshore product development services. With such an approach, the companies can leverage the expertise of an expert product development partner (third-party) to improve their delivery rate. Using this strategy, the company can free up the internal resources to focus on the critical tasks and operations contributing to growth.
Gengarajan PV
August 17, 2022
5
min read
Low code | No code
No-Code Platform – 5 Reasons Why You Should Choose One
Growing customer demands have always forced organizations to turn their heads to innovative technology advancements. For a mobile app development or digital transformation company to serve customers and improve the bottom line, the ability to develop applications quickly and time-to-market are critical. It’s easier said than done. Application development is a backbreaking process and involves much time and effort. Developers must toil and work long hours to develop an excellent application for their customers. Though such applications deliver fantastic customer experiences, the time taken to build and deploy the app can annoy customers. Today, developers can heave a sigh of relief as companies can safely develop and deliver applications quickly and efficiently, thanks to no-code app development platforms. The global low-code platform market revenue is valued at almost 13 billion U.S. dollars in 2020 and is forecast to reach approximately 65 billion U.S. dollars in 2027. The market is projected to grow with a CAGR of 26.1 percent over this period. (Source: Statista) The invasion of no-code platforms for app development has transformed how organizations work and helped developers develop UX-rich applications in no time. This is a boon to app developers and companies considering app quality and time-to-market factors. Before getting started, let’s highlight what no-code app development platforms are. Let me explain why no-code platforms are chosen over native app development platforms and techniques.
Nandhakumar Sundararaj
August 25, 2022
5
min read
Low code | No code
No-Code Analytics – Supercharge Your Manufacturing Operations Smartly
Digital transformation is revolutionizing manufacturing companies, and this trend is all set to continue. The evolution of technologies like the Internet of Things, Artificial Intelligence, Robotic Process Automation, Mobile Applications, Cloud, etc. are transforming the way manufacturing shop floors work. And companies leveraging these technologies thrive and others just falter. Manufacturers have many challenges to negotiate. To name a few are Manual or partially automated processes Inventory management Lack of visibility on the shop floor operations Lack of technology, tools and resources Expensive machine maintenance Manual asset tracking and management All the above challenges hamper the production rate, and manufacturers are left with no choice but to invest in digital transformation solutions to accelerate their shop floor operations. Many companies have switched to no code analytics as it is simple and efficient. With a no-code analytics platform, manufacturers can amplify their production while reducing machine maintenance costs. Above all, they can harness real-time data and analyze the trends to prevent machine failures and plan for improvements well in advance. By 2024, low-code application development will be responsible for more than 65% of application development activity. (Source: Gartner) Today, I will walk you through the benefits of using no code analytics platform for your manufacturing unit. Let’s dive deep into the discussion.
Nandhakumar Sundararaj
September 16, 2022
5
min read
Low code | No code
6 Ways to Use Low-Code Development to Your Advantage
Leveraging the traditional development platforms for application development is a headache for most companies today due to the cost of hiring a new developer and the time taken to complete the project. Especially, small and medium-sized companies face the above challenges as they have a tight deadline in front of them to develop and deliver the applications. But, developers are the hot property in the market, and hiring a developer for a project costs massively for these companies. Matching the skill gap and resource shortage has forced SMEs to focus on solutions that will simplify app development while expediting the development time. One such solution most SMEs prefer today is the low-code platforms. The platform’s growth has been imminent over the years, and the trend is set to continue. According to the latest report, the global low code development platform market size was USD 10.82 billion in 2020. The market size is expected to rise from USD 13.89 billion in 2021 to USD 94.75 billion by 2028 at a CAGR of 31.6% during the forecast period. The market is expected to grow in the coming years, owing to increase in demand for technological advancements for business digitalization. (Source: Globalnewswire) This post will discuss the significance of low-code development platforms, its benefits, and ways to use them effectively. Let’s get started with the discussion.
Anand Ethiraj
September 20, 2022
5
min read
Low code | No code
Low and No-Code Platforms – Is Growing Security Concerns a Threat?
If I have to name a technology that has been evolving exponentially over the past few years, it should be low- or no-code development platforms. Ever since they are introduced into the market, their demand has been skyrocketing. As the platform enables business persons, otherwise called as citizen developers, to develop applications using drag and drop interfaces quickly, it is celebrated by everyone in the business space. So, is low- or no-code platforms a runaway hit and future for the IT sector? Before immediately acknowledging with a YES, there is a prominent factor that needs to be considered. It is the security of these platforms. Often overlooked, the security threats associated with these platforms are cited to produce catastrophic results for some companies. So, enterprises must consider the security loopholes associated with low-code platforms. This post will brief you about the security concerns arising out of low-code platforms and what businesses must do to avoid such things in the future. According to Fortune Business Insights, the global low code development platform market size was USD 10.82 billion in 2020. The market size is expected to rise from USD 13.89 billion in 2021 to USD 94.75 billion by 2028 at a CAGR of 31.6% during the forecast period. Before getting started, let’s throw light on what low-code platform is and why it is storming the business space.
Gengarajan PV
September 21, 2022
5
min read
Newsroom
India’s Leading Multinational Electronics Company Partners with Hakuna Matata Solutions to Build a Service Booking Platform
In today’s highly competitive digital landscape filled with startups and enterprises trying to widen their market presence and customer base, our client – one of the leading multinational electronics companies in India, wanted to enter the online marketplace with a reliable and scalable service booking application for home appliances. With several leading market players carving their own niche and offering best-in-class service booking solutions, our client wanted to develop a unique identity and gain a strong edge over their competitors with a seamless service booking app encompassing a wonderful user experience and hassle-free payments. Design Thinking being the primary forte of Hakuna Matata Solutions, we designed a visually stunning service booking application that empowered customers with a highly customised and effortless service booking process. The app automatically tracked customers’ geolocation and enabled them to book a service in just 4 easy steps: select an appliance, choose the required service, pick a time slot and make the payment. Built as a Progressive Web App, the application could be accessed and used across any browser and device. To encourage cashless transactions, we enabled online payment options and included the pay later option which made it very convenient for customers to avail services. The product is currently live with over 200 bookings made every week.
hakuna
December 26, 2022
5
min read