Technology Business Consulting

Our company provides businessmen and entrepreneurs with business consulting that is combined with technology consulting thanks to years of experience in the worlds of software and artificial intelligence.

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The relationship between technology and business

In an advanced world where technology determines the profit line, there is no business that does not incorporate technological tools into corporate practice. Our company specializes in finding innovative technological solutions and accompanies business owners and entrepreneurs at every stage of the process. This is in accordance with predefined needs such as increasing value, control and control, integrating artificial intelligence, opening opportunities, automating manual processes, managing funds, etc.

Benefits for you:

  1. A technological accompaniment that is combined with business consulting under one roof.
  2. Focusing on the company's profits and increasing its value with the help of technology.
  3. Shortening manual processes, automations and efficiency at a level you have not yet known.
  4. Opening new markets and opportunities.
  5. Reducing dependence on personnel and digitalization of work processes.

Increase in company value

Technology is a means of allowing the value of a company to leap. First and foremost by using technological tools to improve business profits thanks to, for example: increasing the possibility of contacting many more customers, improving service, saving personnel, saving operating costs, etc. In addition, the technology itself may raise the value of the company and mark it as attractive to buyers and investors.

Benefits for you:

  • Increasing the value of the company exponentially.
  • Savings in operating and personnel costs.
  • Attractiveness to investors and buyers.
  • Ability to significantly increase the clientele and scope of activity.

Automation of manual processes

Many manual processes can today be replaced by technological tools, which become extremely powerful when combined with automations. For example: automated systems for order management (which no salesperson can compete with), technological tools to improve the efficiency of the organization inward, and the like. Many entrepreneurs and businessmen do not know where to start, and this is where we enter the picture with a step-by-step technology-business accompaniment.

Benefits for you:

  • Finding the most suitable places for technological tools in the organization's activities (for example, bottlenecks).
  • Focus on efficiency, savings and optimal utilization of resources.
  • Focusing on the profit and yield line from the technological tool.
  • Close support in implementing the solution in front of management and employees.

Turning Low Tech Companies into High Tech

In the technological world of artificial intelligence, there is no such thing as Low Tech. Every business incorporates technology at one level or another. For example, an intelligent system for managing orders and suppliers, supervision and control of dispersed workers, technological systems to increase work safety, specialized software for project management, etc.

Benefits for you:

  • Finding the right technological tools for the organization according to its needs.
  • Combining artificial intelligence and AI tools suitable for industry.
  • Close accompaniment and direction focusing on the profit line and the increase in the value of the company thanks to technology.
  • Focus on efficiency, process improvement and resource savings.
  • Increasing the customer base and dramatically improving service relative to competitors.

AI

There is no need to overstate the importance of incorporating artificial intelligence (AI) in the business plane. Everyone is already there and whoever is not - is left behind and gaining a gap that will be difficult to catch up. For example, artificial intelligence tools perform automated planning (including engineering design in traditional industry), improving service and sales with AI, correspondence with suppliers in the country and abroad in any language, improving the efficiency of work processes, etc.

Artificial intelligence is suitable for any industry and it serves factories, freelancers, agriculture, transportation, importers, real estate, etc. But artificial intelligence is also not a one-piece and there are hundreds (if not thousands) of different tools that offer different routes.

Benefits for you:

  • We know many AI tools and know how to help choose the right tool and the right route.
  • Focusing on artificial intelligence tools that generate value and profit for the business.
  • Trainings and lectures for employees on improving AI for the benefit of the organization.

Control of the company and finances

In today's competitive market, integrating advanced technologies (such as AI) helps improve work processes and measure output in real time, giving the company control over efficiency and profitability. The technological solution knows, for example, to analyze in each department the value of “working hour” and allows identifying opportunities for improvement, reducing the waste of resources and increasing productivity.

Benefits for you:

  • Tools that focus on improving efficiency and profit.
  • Tools that focus on employee productivity and their measurement.
  • Detection of failures and losses that are not charged in reality.
  • Data analysis and quick conclusion.

Opening up new opportunities

Technology can be an opening for many new opportunities at the business level. For example, increasing the volume of potential customers (including breaking geographical boundaries), entering new markets, increasing the scope of exposure of the business and its products, improving work processes, launching new products/services, improving the profit rate of existing As-Is, etc.

Benefits for you:

  • Focus on tools that generate real profit.
  • We help find the most effective technological solutions.
  • Integrating technological tools into the epics in which the business strives to develop.
  • Conducting preliminary research regarding new markets/audiences.

Expansion into new markets and abroad

One of the biggest advantages of the technology is the possibility of expanding into new markets while significantly reducing the risk involved. For example, reaching out to overseas audiences using digital platforms, locating relevant markets on the basis of network engagement analysis campaigns, increasing the company's portfolio of products/services with technological tools, etc.

Reducing dependence on personnel

Technological tools provide a significant advantage by reducing employment costs and personnel dependence (as well as reducing the risk of human error). Many processes in the company can be replaced or improved by technology and our company specializes in finding the most correct solutions.

Benefits for you:

  • Significant and noticeable savings in transaction costs.
  • Process management automatically - minimum human error and maximum efficiency.
  • Savings in operating costs.
  • Increasing the value of the company as a technological and innovative company.
  • Quick response to sales opportunities.
  • Release resources to focus on strategic activities.

Acquisition and investment in technology companies

Buying a tech company is largely similar to buying a “cat in a sack.” Many investors even purchase portfolios of dozens of technology companies, hoping that one or two of them will prove to be successful investments in the test of time. Our company helps to reduce risk and manage an informed purchase thanks to the accompaniment of investors all the way. From the initial analysis to the signing.

What are we testing, for example:

  • How ripe is the company to be acquired?
  • Does technology really embody an innovative, unique and valuable solution?
  • Does the company have feasibility or performance proofs?
  • Are there other technological solutions currently available on the market?
  • How saturated is the field of activity with competitors (for example, AI is now considered competitive and risk-intensive)?
  • Are entrepreneurs able to lead the company to success?
  • What is the quality of the company's technology (for example, up to the level of code quality)?

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Take the next step in your digital transformation journey with Binovate. Contact us today to learn more about how we can help.
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