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Blog & News

7 extremely promising fintech fields to explore in 2018

18.01.2018, Author: Software Mind, Categories: Business

Fintech is without a doubt one of the most exciting (and profitable) places to be in the world of new technologies. Hundreds of innovative products are being released every year to make it easier to pay, lend, save, secure, invest or manage money for both individual and business clients. Many of those products gain trust of millions of people and investors. But the most exciting fact is that it’s just a beginning.

When it comes to dealing with money, we are at a crossroads. Sure, the fintech industry is already really, really big. According to data by PitchBook, global venture investment in this field reached $17.4 billion in 2016[1], while the number digital banking users (essentially, a ...

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Can software development outsourcing work for small businesses?

12.01.2018, Author: Software Mind, Categories: Business

The power of “it depends”

There are few topics as controversial as software development outsourcing. That is because each company going for it stands to either gain or lose a lot – depending on many factors. Although the cliché non-answer “it depends” fits the title question quite well, it’s still far from being satisfying. To make up for it, let’s go deeper and find out what it exactly depends on – why small businesses should or should not outsource, what to outsource specifically, how and to whom.

As the global IT spending increases, reaching new, mind-boggling heights[1], so does the size of software outsourcing industry. It is true for both large and small companies. According to the State of ...

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Long distance relationship in software development outsourcing

04.01.2018, Author: Software Mind, Categories: Business

10 steps to make it work

The world of software development outsourcing is one of the best examples of how valuable great developers are for businesses from all the world. Decision makers of both small and big companies can go to great lengths to find them and get to work with them - even if they are separated by thousands of miles, different languages, various cultural differences and many other challenges. But wouldn’t it be nice if the effectiveness of offshore development outsourcing wasn’t crippled by such factors? Follow these 10 steps and minimize their effect to make the most out of long distance cooperation.

According to a study by Deloitte, as much as half of all CEOs are ...

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