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Frequently Asked Questions on Software Development Services

Today when digitization is something that enterprises across the globe are taking very seriously, what they need today is to make a mark of their own in order to stand out from the competition in this highly competitive world. Digitization is something that requires automation of different processes in order to increase efficiency and productivity and also bring higher ROI to the organisation.

In order to make digitisation a reality, enterprises today need to invest in software that helps in the automation of the different processes efficiently and increase the productivity of the teams working in the different departments. While buying software off the shelf is an option, the best bet is to invest in custom software. This is because custom software is software that is tailor made for the specific needs of the organisation.

Leading IT Solutions providers like The Digital Group,Oxagile and Hexaware provide custom software development services for every need and requirement of businesses today. Before a business owner decides to make the investment, here are some frequently asked questions.

1] What can custom software development service providers help a business with?

Well, it includes everything from the initial cost analysis to creating product road maps and establishing roles to be played by different teams. These firms are committed to understanding the exact requirements of every business, including the goals and targets, before they suggest an approach that is sure to bring results.

2] How does one co-ordinate with the custom software development servicesprovider?

Most leading firms have their website in which they have their contact numbers enlisted. Once a business reaches out to them, their team will co-ordinate for the project brief and the process to proceed further. They are more than happy to discuss the whole thing out and come up with ideas.

3] Should one do any kind of homework before getting in touch with a custom software development services provider?

Before one gets in touch, it is very important to have a clear understanding of what exactly one wants. It’s all about having a clear vision in mind that one can share with the development team. The clearer the vision is, the easier it will be to convey what actually one wants, without spending months on iterations.

4] How much knowledge of programming should one have in order to get a custom software developed for their business?

The point here is it is the responsibility of the custom software development services team to take care of all the programming.Hence, the business owner is not expected to be thorough with coding or things like that.

5] How much time does it take to build a custom software?

There is no fixed time as such when it comes to developing a custom software. It all depends on various factors like the complexity of the project, budget involved, scope of the project, to name a few. Most leading providers provide business owners a window of 2 weeks or so in order to decide if the pace of work is what meets the criteria. If not, there is always an option to retract with no penalties whatsoever.

So that was about some of the frequently asked questions on custom software development services. Every business today should realise its importance and invest in one in order to stay ahead of the competition and meet the business goals.

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What Are Index Funds?

The most common types of index funds are those that are either actively managed by an experienced investor or those that are purchased directly from a company. Most index funds are traded on major exchanges such as the New York Stock Exchange and the NASDAQ. The rules that govern each type of index fund are different, so it is important to know which type will be right for you.

Active Managed Index Funds: These types of index funds are managed by an experienced investor that meets the investment objectives. This type of fund often invests only in stocks and bonds with a predetermined depth of specialization. Many investors choose this type of investing because it is less likely to hit the bad side of the market. They also prefer this kind of fund because the manager is paid only if the investment performs.

fidelity-managed funds: Index funds that are administered by a firm that pays the manager with a percentage of the total value of the portfolio (known as the premium) instead of paying the investor with a dividend. The fidelity manager makes money when the market value of the stock or bond declines, but loses money when the value goes up. Because the managers make money at the expense of investors, they tend to be less liquid and are not as easily influenced by short-term trends. This type of fund also tends to be more expensive than actively managed funds.

Low-Cost Mutual Funds: Most index funds today come from firms with low costs of ownership. In general, the more shares the manager issues, the lower his or her cost of ownership. There are many index funds available that require no minimum investment minimum. You can invest in them for as little as $100 and get a good rate of return, if you know where to look.

Investment Advisor Index Volatility: Index funds allow investors to buy and sell securities on a regular basis. If an investor buys a stock or bonds, he or she can do so with a few clicks of the mouse, compared to actively trading with a broker. The advantage is that there is no cost for buying and selling, which means more money in your pocket. Volatility can be a good thing, though, because it means that changes in the price of the stocks and bonds can have a significant effect.

In general, index funds are considered a low risk option for investors who don’t want to take on significant amounts of risk, yet are able to achieve high rates of return. Investors also should consider whether or not they need to have a degree of risk tolerance when choosing an index fund. A high return level is not necessary to achieve success, since the returns can also be offset by high fees. If you are able to offset these costs with high profit margins, then you are sure to have a winning combination. With the right combination, you may be able to see your investment portfolio double in a short amount of time.

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The COVID 19 Pandemic Outbreak – Dispelling Rumours, Busting Myths

Lies, lies & More Lies

As more and more lies keep getting exposed regarding the response to COVID-19 by the American Government, it becomes absolutely crystal clear how people occupying offices of power & influence have tactically risked millions of lives to gain petty political mileage, jeopardizing not just the concept of leadership but also the putting democracy at risk. Using top leadership mouthpieces, the truth has been time and again tactically misconstrued to encourage unsuspecting innocents to undermine COVID-19 and thereby neglect their own well-being. Now as the skeletons keep tumbling out of the closet, and bodies are buried by the millions, people of America have realized what a grave turmoil they have unknowingly created.

The COVID 19 Pandemic

As if the pandemic in itself was not scary enough, using such a serious issue to gain political mileage and hold the nation at ransom is the final tipping point. In the race to usurp uncontested power, not only of millions of innocent lives been sacrificed but the real heroes of this tragedy, the safety of healthcare workers and first line response team have been duly compromised and their brave efforts have not been given the due recognition it warranted. If such a ghastly example continues to be the norm of the day, it will not be long till hell breaks loose and people lose all faith in goodness and humanity leading to the total collapse of civillized society.

Busting Myths : Fact Vs Myth

Hence, with the deliberate intention to bust myths and expose lies, we have decided to come up with a new segment, COVID-19 Myths Vs Facts, where we discuss a raging Myth about COVID-19 that is doing the rounds of social media and dissect it for its authenticity before finally presenting the unadulterated facts to you.
Myth: Exposing yourself to direct sun rays or sunlight can help destroy COVID 19 germs

COVID19 disease germs are actually microscopic living organisms or viruses that require a healthy host body to survive. If the host body is healthy, it stays there dormantly without creating any unwanted health repurcussions. However if the same person, is moving freely through a crowd or congested public area, he has the capacity to pass the contagion to others. So weather rarely has any role to play with birth or destruction of COVID -19 produced disease germs. In the cold weather COVID germs become more actively involved in looking for a host body to avoid the unhospitable conditions outside.

Fact: COVID-19 germs are at home in warm weather freely roaming about the atmosphere looking for a host body to attack. An infected person or a dormant carrier of the COVID-19 virus will not only act as a carrier for germs to spread further but also encourage the virus to breed freely in encouraging conditions. Wearing Face Masks and using Hand Sanitizers in public spaces is highly effective in controlling the virus and restricting its free movement.

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