Thursday, October 21, 2021

PROJECT 38: Array's small business journey to the full-and-open world -- Washington Technology

PROJECT 38: Array's small business journey to the full-and-open world -- Washington Technology

Every company has its own journey and in this episode, Sumeet Shrivastava shares with Editor Nick Wakeman the path Array Information Technologies followed from when he joined as CEO in 2008 to its just-completed sale CGI Federal.

Shrivastava describes the risks Array took such as focusing their efforts on a smaller part of the business as they positioned themselves for future growth.

Publisher: Washington Technology
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Plaid Pushes Into Payments Business After Scuttled Visa Deal - WSJ

Financial-technology startup Plaid Inc. is making a move into the payments business, less than a year after an antitrust lawsuit scuttled its high-price sale to Visa Inc.

Plaid makes software that allows banks and other fintech companies to plug into their users' financial accounts, with their permission, and access their financial data to look up account balances or authenticate personal financial details.

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Publisher: WSJ
Date: 2021-10-21T15:09:00.000Z
Author: Peter Rudegeair
Twitter: @WSJ
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SAP's cloud business, venture fund drive results, outlook | Reuters

The logo of SAP is seen on their offices in Reston, Virginia, U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly

Cloud backlog for flagship database S/4HANA was up 58% at constant currencies and current cloud backlog - a measure of incoming business - grew 22% in the third quarter.

Publisher: Reuters
Date: 2021-10-21T16:03:31Z
Author: Nadine Schimroszik Supantha Mukherjee
Twitter: @Reuters
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Business Capital Spending In The 2022 Economic Forecast

Businesses will try to buy more capital equipment in 2022, but supply issues will limit how much they can actually acquire.

The largest driver of business capital spending is usually economic growth, with additional impacts from high labor costs and low interest rates. All three factors are pushing companies to expand their purchases.

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Publisher: Forbes
Date: 2021-10-21
Author: Bill Conerly
Twitter: @forbes
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IT Insight: HaaS and your business

Hardware as a Service, Haas, is here to stay, and it makes sense. Thanks to HaaS, the way your business procures, utilizes, and replaces your IT is about to change.

One of the most important things is cash flow, keeping money in the bank. HaaS provides very low upfront costs. A business of any size knows how important it is to manage cash flow.

Author: JoAnn Hodgdon
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Local business owner persists with downtown storefront alteration, wants to be make it work for

Pettit's presence at the Council meeting was his second attempt to move forward with using the bottom floor of his downtown North Vernon building as a residential space.

Originally, he requested a variance from the Board of Zoning Appeals (BZA) on September 16 to allow him to continue renting the bottom floor residentially because he already had tenants.

Publisher: Madison Courier
Author: KYLAN HIGGS
Twitter: @madisoncourier
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Retiring Gillie's Coney Island owner passes business on to 17 employees - mlive.com

GENESEE TOWNSHIP, MI -- The founder of Gillie's Coney Island celebrated his retirement Wednesday, Oct. 20, by handing 17 framed share certificates to his dedicated employees.

As David Gillie, 66, started considering retirement, he said he didn't want his diner to go to a stranger.

Publisher: mlive
Date: 2021-10-21T15:00:00Z
Author: wkeefer
Twitter: @mlive
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Trump's Family Business Is Under Yet Another Criminal Investigation | Vanity Fair

The value of the property determines the amount of taxes the club must pay to local authorities: The higher the value, the bigger the tax bill. But after the town of Ossining estimates the value, the club can challenge the assessment—and that is what it has done.

Publisher: Vanity Fair
Date: 2021-10-20T19:32:42.147Z
Author: Cond Nast
Twitter: @VanityFair
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