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Stay abreast of what’s trending in the world of software development with our well-researched and curated technology blogs.
Streamline business operations with a comprehensive ERP solution
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Innovative healthcare apps that prioritize well-being and efficiency
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Advanced analytics solutions that drive data-driven decisions
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Automate and organize business workflows with Salesforce Implementation
Ensure unified and efficient ecosystem with Salesforce Integration
Expert guidance to maximize the potential of Salesforce for your business
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Tailoring NetSuite implementation to boost efficiency
NetSuite consulting services to get the most out of your NetSuite solution
Seamlessly connecting NetSuite with existing systems for a unified experience
Get reliable assistance to keep your NetSuite platform running smoothly
Expert IT guidance and strategic solutions for success
Crafting dynamic web applications to elevate user experiences
Innovative mobile apps to connect businesses with their users
Enterprise mobility services to enhance productivity and collaboration
User-centric SaaS solutions to cater to diverse business needs
Creating connected experiences and unlock new possibilities
Safeguarding your mobile apps and data with robust security measures
Fortifying your digital assets with comprehensive cybersecurity solutions
Streamlining development and operations with DevOps solutions
Choosing Excellence: Discover the Closeloop Advantage
Innovative minds at work to transform businesses globally
Inclusive work environment with utmost flexibility
Explore the amazing life, people and opportunities at Closeloop
Inclusive work environment with utmost flexibility
Celebrating Excellence: Our Journey of Recognitions
Voices of Trust: What Our Clients Say About Us
Empowering Success: Our Collaborative Client Partnerships
Empowering businesses digitally for past three decades
Building robust healthcare apps to transform patient care
Interactive e-Learning Apps for Personalized Learning Experiences
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Equity Rollup company management with efficient ERP/CRM implementation
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All in one solution to run and manage sports membership programs
Streamline business operations with a comprehensive ERP solution
Drive growth with a powerful Customer Relationship Management platform
Innovative healthcare apps that prioritize well-being and efficiency
Cutting-edge solutions, ensuring seamless transactions and security
Skilled IT professionals to boost productivity and achieve goals
Advanced analytics solutions that drive data-driven decisions
Embrace flexibility of cloud with our tailored solutions
Simplifying tax compliance with intelligent Indirect Tax Systems
Extending the capabilities of Salesforce to suit your business requirements
Automate and organize business workflows with Salesforce Implementation
Ensure unified and efficient ecosystem with Salesforce Integration
Expert guidance to maximize the potential of Salesforce for your business
Achieve smooth operability with Salesforce managed services
Tailoring NetSuite implementation to boost efficiency
NetSuite consulting services to get the most out of your NetSuite solution
Seamlessly connecting NetSuite with existing systems for a unified experience
Get reliable assistance to keep your NetSuite platform running smoothly
Expert IT guidance and strategic solutions for success
Crafting dynamic web applications to elevate user experiences
Innovative mobile apps to connect businesses with their users
Enterprise mobility services to enhance productivity and collaboration
User-centric SaaS solutions to cater to diverse business needs
Creating connected experiences and unlock new possibilities
Safeguarding your mobile apps and data with robust security measures
Fortifying your digital assets with comprehensive cybersecurity solutions
Streamlining development and operations with DevOps solutions
Assim Gupta
CEOAssim Gupta is the CEO and Founder of Closeloop, a cutting-edge software development firm that brings bold ideas to life. Assim is a strategic thinker who always asks “WHY are we doing this?” before rolling up his sleeves and digging in. He is data-driven and highly analytical, yet his passion is working with teams to build unexpected, creative solutions that catapult companies forward.
By Brett Martin
Half of the Fortune 500 will be displaced within the next decade.
Depending on the strength of your engineering team, either you see disruptive technology as an opportunity to take market share from competitors, or a threat to your business's survival.
If your company wants to weaponize disruption, rather than be a victim of it, each facet of product development, testing, and deployment will require greater scrutiny and speed.
The convergence and amplification of cloud, virtualization, IoT, big data, and software-defined infrastructure are driving more upgrades in today’s technology landscape than ever.
Still, as Dr. Mik Kersten, CEO of Tasktop, learned, the massive productivity gains promised were not found!
In his book, Project to Product, How to Survive and Thrive in the Age of Digital Disruption, Dr. Kersten describes:
“Top companies are seeing a greater portion of their budgets shift toward technology as market success increasingly is directed by software manufacturing. But, the productivity of software delivery at companies is falling behind that of tech giants. So, the promise of digital transformation is failing to deliver business results."
A huge shift is happening.
For the last 300 years, cheaper production and financing have triggered the explosion of new businesses and the consequent extinction of inefficient businesses.
All major companies are now under sharp pressure to manage complexity, perfectly every time. The past few years have seen an increase in the number and severity of software glitches. These epic software “fails” negatively impact customer satisfaction, public reputation, and business valuation.
One colossal glitch in 2017 caused 1.25 million pickup trucks to be recalled because it caused airbags and seatbelts to fail during crashes!
American Airlines – No pilots for the holidays
A computer glitch in their scheduling platform accidentally allowed too many of its pilots to time off the week of Christmas, affecting around 15,000 flights. American Airlines had to pay pilots time and a half wages at the last minute to salvage the error.
Provident Financial – Stocks tank after bug disclosure
A UK-based loan company targeting low-income customers suffered a significant software bug. Management admitted the glitch kept the company from collecting debts, resulting in lost revenue totaling $158,256,000. Following their announcement, stocks tumbled $2.2 billion in one day, as 800,000 vulnerable customers were put in financial harm.
Fiat Chrysler – Life-threatening recall
Fiat Chrysler found itself in hot water after it was discovered code errors temporarily disabled airbags and seat belt functionality in a rollover. After two crashes, one fatal, there was a recall of over one million trucks.
Equifax – Security hack cover-up
In a 2017 data breach of Equifax, hackers managed to steal personal data, including social security numbers and credit card numbers, of 145 million consumers. Public outrage followed the announcement after it was learned that Senior Leaders at Equifax were well aware that 50% of Americans were at risk of identity theft.
Suncorp Bank – Vanishing cash
A routine software upgrade caused a malfunction and the disappearance of money from customers’ bank accounts. Additional customer complaints included overdrawn and locked-out accounts.
Bitcoin – Unlimited node crash
Nearly 70% of the nodes running Bitcoin Unlimited disappeared from the network completely after a software glitch crashed over 100 Bitcoin Unlimited nodes.
(NOTE: Want to take control of your technology? Talk to the CTO in a one-on-one free phone session. De-risk your business outcomes and technology alignment. Get a 6-12-24 month product road map and know exactly what to say to your investors and Board. Learn more here!)
Yes. You can expect success by managing software to success measures of time, budget, and cost reduction. But only if every puzzle piece in a company’s projects fit perfectly with every other piece, AND if all projects get delivered on time and on budget.
For example, Bank of America has hired some 95,000 IT workers (hiring ahead of digital transformation). To its credit, BofA is efficient and creative in using its software to play both offense and defense with disruptors.
But many startups are building and iterating quickly without legacy systems or customers to lose, so smaller companies are disrupting industries ranging from health insurance to cryptocurrencies.
Competitive business leaders avoid negative press attention, angry customers, and frustrated employees by embracing CTO-led software outsourcing.
This is especially important given the increasing prevalence of Agile and DevOps methodologies.
The frequency of change involved in these approaches can’t be handled using traditional account manager- and engineer-run projects without risking an epic software failure.
Waiting to test until after changes have been deployed is no better. A business strategy, in alignment with technology deployment, needs to be checked at the design, development, test, and delivery phases to avoid failure.
One primary reason companies are embracing CTO-led onshore/offshore custom software manufacturing is because it allows them to design defects out at lower costs before projects move to production.
Clearly, cost reduction can be a critical component of transformation. Yet, executives who are measured on the business outcomes below aren’t waiting until something breaks to design and build software right:
Closeloop Technologies custom software solutions support the dynamic and quality focus nature of today’s small and mid-sized companies. You can learn more about lowering the risk of software manufacturing here.
Brett Martin
415.233.0775
Director of Customer Solutions
Closeloop Technologies
Stay abreast of what’s trending in the world of software development with our well-researched and curated technology blogs.
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