Do you need a Chief Security Officer?

Cyber security is an increasingly important topic. Whether you are in the construction, financial, legal, healthcare, education or many other industries, your data needs to be both accessible and secure. Internal and external security threats can affect your operations, earnings, and level of trust your clients have with your organization. With the growth of cloud-computing and mobile technology the demand to keep sensitive information and data secure will only increase.

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Few companies can afford the disruption to operations caused by a security breach. Enter a Chief Security Office. This C-level professional will lead the charge for security measure of data within your company. CSOs usually possess a master’s degree. They will make the procedures, guidelines and direction for information security policies within your company. These guidelines should be set in place to protect information and data from internal and external threats. The CSO will be responsible for the planning, coordinating, developing, and implementing of all cyber security measures.  They can also educate other employees on data security measures and best practices. Not every company is able to add another C-level position to their organization just yet. With or without a Chief Security Officer, all organizations should have a data recovery plan so they do not lose their data and information. If a CSO is not currently in your scope, consider doing outsourced IT. This alternative will fit you data security needs and other tech needs your company may have. They will be able to assist you in doing a technology-based risk assessment annually, which is a best practice when it comes to data security. This can give a baseline of the measure that need to be taken to keep your sensitive information and data safe. An outsourced tech provider can assist you in creating a data classification policy and verse you in cyber liability insurance. Deciding if you need a CSO can take a good deal of internal auditing and planning. This tech-focused executive can be replaced by outsourced IT. Take your time in researching the benefits and costs of each option.

Experience Intelligent Integration

Ryvit was founded on one fundamental observation: customers are demanding an integrated application experience for workflows and analysis.  Coupled with this imperative, software companies are often failing to deliver because they lack development resources that can rapidly bring integration solutions to market.   Recognizing this gap led to the Ryvit vision to create an ineternet platform as a service, plus offer incredible predictive analytics and bring development expertise to do all the heavy lifting for you.

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To pull those pieces together, Ryvit’s unique platform and partner program was created.  Ryvit iPaaS+ ™   is the competitive edge you need to outsell your competition. Give customers the progressive software experience they expect: to be able to enter, access, report and analyze all of their data across the business.  Because this kind of enterprise workflow fluidity and transparency is not available with any other solution, you will win and retain more business. Ryvit’s intelligent integration process gives you exclusive access into our ever growing economy of complimentary, progressive, and leading software vendors. Our professional integration team of experts builds an integration for you to connect our ecosystem of existing partner applications or to any other software package you need. Your development team resources aren’t drained and distracted learning another vendor’s API and can remain focused on delivering on your product road-map. Upon completion of the integration, every software vendor on the Ryvit Platform can connect to your solution, increasing your sales and marketing reach exponentially overnight. We empower companies to enter the Partner Program without taking a financial hit to the development budget. There’s no cash outlay from you to use our integration team. The cost of building the integration is paid for through your team’s sales of the integration itself.

How to Maximize your Hiring Dollar

For any company, and especially startups, spending has to be done wisely. All budgets are important, but your hiring dollar might be the most important. A new hire has the potential to add more value to your company than any other expenditure. On the same coin, you are taking a risk when you invest a tremendous amount of money, time, and resources on an individual who may or may not live up to your expectations. At Ryvit, we are part of a 2-time 5000 fastest growing company and want to share some of our key HR wisdom with you. Start with tangible goals and visible values. Aligning your values, culture, and performance should be the focus when hiring for any position.

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Any new employee you add will impact all three of these areas in either a negative or a positive way. For this reason, Ryvit integrates personality profiling into the hiring process. With the use of personality testing, you will have the ability to hire an employee who will add value to your company immediately and fit into your culture. The tried and true method of hiring minimizes turnover rates and saves money in the long run. Building a scalable team means hiring the best people your money can buy. You have to know what it takes to attract the brightest talent. More than just salary expectation, make sure your company can offer benefits, perks, and a culture that set you apart from other employers. These aspects of your company are now more important than they have ever been to prospective employees. When considering leadership roles, look for the ability to make decisions independently without C-Level involvement on every project they work on. There are intangible qualities it is important to weave in that create and support a positive culture such as resourcefulness, tenacity, passion and fortitude. Building in these employees will give your company an edge above your competition. You will have the ability to grow and thrive with far less effort when you have a desirable culture and capable leaders. Once you have built your dream team of employees, listen to them just as much as you listen to clients. They work with your solution and process every day. If you have hired the best your money can buy, these individuals will be able to suggest improvements for ease and efficiency that you may have never thought of. Take advantage of their perspective and listed to their insights. These simple HR tools will bring incredible value to your company. Keeping culture a main focus will give your company the ability to attract the best and brightest. Finding talented employees who fit into this culture can take patience at times, but will pay off in the long run. [button size='' style='' text='Link to Full eBook' icon='' icon_color='' link='https://ryvit.com/wp-content/uploads/Fundamental-Elements-of-a-Successful-Software-Company.pdf' target='_self' color='' hover_color='' border_color='' hover_border_color='' background_color='' hover_background_color='' font_style='' font_weight='' text_align='' margin='']

In-House Development: Is it Worth the Cost?

When you look into building integrations, there is much to consider. One of the first decisions a company needs to make, once they have a picture of what the integration will be capable of, is to develop in-house or not to take the project outside of the company. The next order of business: the cost. Your first instinct might be that developing in-house will be the most cost effective way to go about it. Taking a holistic look at what an in-house integration will take, could change your mind. Let’s look in a little more detail at what it will take. When looking strictly at the integration there are a few things to consider: the integration’s deadline, the number of integrations and their complexity, updates and new releases the integrations will need.

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Missing an integration’s deadline can cost your company time, money, and reputation. If the integration is very complex, this could be easy to do. There is also a lot of upkeep for integrations once they are out the door. This can be a lot of added stress on your team and building integrations is impossible without the right team. Now, to consider your team. Do you have the developers in place? What is their current workload? With a seasoned team of developers, you will avoid recruiting, hiring, and training costs for starters. Let’s say you have the team, the hardware and software they need and your team has the time to create your integrations, you are off to a great start. Ryvit estimates it costs $50/hour for in-house developers. With a team of three to create 10 integrations it will cost you $1200/day. Over the course of a year that is $288,000 for the developers alone. If it is their first time, however, it will take them an estimated 4 times longer than an established team to create the integration, and as they say, “time is money.” Ryvit’s team of experienced developers will be able to create quality integrations in a timely manner for your company at a fraction of what it will cost you to develop in house. Our estimated cost of the same 10 integrations is $150,000, less than the cost of the three in-hose developers for one year. We have the capacity, hardware, and software to keep your integrations updated and running smoothly. We make quality integrations worth the cost with less stress on your team. Want to run your own numbers? Use our calculator to see the estimated return on investment for your company. [button size='' style='' text='Calculate Here' icon='' icon_color='' link='https://ryvit.com/roi' target='_self' color='' hover_color='' border_color='' hover_border_color='' background_color='' hover_background_color='' font_style='' font_weight='' text_align='' margin='']

SaaS Decoded

  Before SaaS, companies were required to buy, build, and maintain all of their IT infrastructures. Each and every software solution they needed, they had to buy and maintain- no matter what the cost. Keeping up on all of the newest industry trends became not only taxing but incredibly costly as well. It was hard for companies to stay competitive because their IT budgets had to account for all of these software expenses. This all changed when SaaS became popular. But what is SaaS, exactly? And what are the real benefits?<!--read_more--> SaaS stands for software as a service and it has really caught on in recent years. SaaS was a big turning point when it came to IT for companies because no longer do companies have to buy and maintain their entire infrastructure. Companies can now plug into shared infrastructures via the internet and get all the software applications they need with less cost and less maintenance. The two biggest negatives of buying and maintaining all IT infrastructures were solved with one solution. SaaS is cloud based, versus on premise. This is why the connectivity is so straightforward. SaaS is made available to customers over a network- usually the internet. A perk of this model is global accessibility. You can access your software anywhere, anytime. A common fear when turning to a SaaS provider is about owning data. When you put your data on the cloud through a SaaS provider, you still own your data 100%, just as you did before. Automatic updates and patch management comes standard with SaaS. Because of this, all users who connect to an application through SaaS will have the same version of the software. Compatibility issues are erased. You no longer have to maintain your own software, taking time from other business critical tasks. Why do we love SaaS? To put it simply- it’s simple. SaaS deployment is a carefree and cost effective way to stay on trend. To take it to the next step, iPaaS, or integrated platform as a service, takes those SaaS solutions and integrates them. The subscription model that SaaS has still stands, but now all of those solutions can be accessed and integrated from one hub. The benefits of integrating your solutions are numerous and they start with business intelligence. The business intelligence, reporting, and analytics made possible through iPaaS providers is an absolute game changer. Making more informed, and therefore, better business decisions, has the ability to carry your business to the next level of success and earning. The big data collected through the many channels possible does you no good if you cannot apply it. Business Intelligence through integration on an integration platform does just that- it helps you apply your big data by making sense of it all. SaaS has opened the door to a whole new way of acquiring the business essential applications of your industry. SaaS has the ability to be the foundation for better ways to do business in the coming years.

Scale Quickly & Efficiently

Increase revenue and market awareness exponentially without an upfront development investment Figuring out how to effectively scale a software business is often best reflected by taking a walk through the boneyard of failed attempts of other companies just like yours.  The big ideas—the solutions software vendors bring to market– have as much impact on scale as the steps the leaders of these companies take or don’t take to execute their vision.  Grow or die. Scaling is an attractive characteristic of the software business for investors. 

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You incur heavy upfront investment costs as you formulate and develop your initial solution. Then, in theory you replicate the product over and over with high margins and without hiring huge teams to do so.  Actually delivering on the promise of finding gold is what separates the strong from the weak. Considering the 80/20 rule of efficiency is absolutely critical.  To uncover blind spots take a hard analytical look at these to fundamental questions:

  • Who is on your team?
  • How efficiently does the company operate?
  • Why are deals lost or won?
  • How likely are your customers to recommend your solution?

Each meeting with your Board or investors is riddled with questions relating to your ability to scale.  How can you turn your software company into a money making, customer satisfaction machine? How do you outpace the competition? How do you achieve aggressive year over year growth? Manifest destiny to incredible profits, going public, being acquired or accomplishing world domination is the fuel for thousands of software industry executives to work like sleep deprived maniacs. And, yet each and every year thousands fail altogether or possibly worse fail to grow and stagnate, which if left uncheck could lead to a slow and painful death. Why do some software companies achieve greatness while others simply just make ends meet, wither on the vine and eventually perish?  Although there are lots of possible viable answers—luck, good looks, deep pockets—the single greatest reason companies fail to grow is the inability to execute for scale.

The Difference Between iPaaS, aPaaS and SaaS

Integrations are taking more than just the software industry by storm. Companies in every industry are demanding data be able to flow across different software and different applications. Integrations can heavily increase efficiency and gain a competitive edge through streamlined operations. Companies need to stay away from deploying integrations that will stand alone in a silo in order to reap as many benefits as possible. This means integrations need to be intelligent. The main integration types today are iPaaS, aPaaS, and SaaS.

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Before we dive into how iPaaS, aPaaS, and SaaS are all different, let's break down what each means. iPaaS stands for integration platform as a service. aPaaS stands for application platform and a service. SaaS stands for software as a service. Each of these serves a different purpose.

aPaaS allows for rapid application development and delivery. This form has high productivity and high control. The coding process for platforms as a service can slow down delivery, but aPaaS brings automation for the application lifecycle. aPaaS offers a faster way to build apps.

SaaS has a main difference of being hosted by a vendor where iPaaS is cloud-based. Applications that are on-premise hosted can be integrated and allow for free flow of data. The application or service is made available to customers over a network, usually the internet.

iPaaS is a cloud-based integration solution, unlike SaaS which is hosted by a vendor on-premise. It iPaaS allows applications that reside on the cloud or on-premise to integrate and have data flow freely between them. It does not need any download, it is simply deployed. This is the most balanced offering because it can bring differently hosted software solutions or applications together.

iPaaS+™ is a cloud-based integration solution, but it also offers business intelligence and reporting. iPaaS+™ has an ecosystem available that allows applications built to integrate with all other application in the ecosystem. Partners are able to leverage the power of multiple business essential applications through this ecosystem.

Choose the integration type that will best serve your company in the long run. Find the right vendor can be difficult, but read this for help.

To experience the iPaaS+™ difference and learn more, contact Ryvit.

The iPaaS+™ Difference

iPaaS Businesses can no longer survive with software operating in a silo. They need their business systems to communicate across the enterprise and deliver meaningful insights to a variety of stakeholders. Doing this in a consistent and cost-effective way is the trick. The scope of developing, monitoring and supporting a single integration can be out of reach for most organizations. This is where iPaaS vendors come in. The services they provide are now more valuable than ever. Businesses are able to leverage iPaaS to enable subscribers to implement integration projects involving any combination of cloud and on-premise endpoints- data sources, applications, web services, APIs and processes. Some iPaaS benefits include:

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  • Eliminate costs and resource requirements of endpoint-to-endpoint integrations
  • Support for a variety of connectivity protocols and data delivery methods allow businesses to rapidly expand integrations offerings and increase market opportunity
  • Enhance security and stability with 24/7 advanced monitoring and support
  • Reduce time-to-value with reusable integration templates

 

iPaaS+™ With Ryvit, you can integrate your software or services into our ecosystem. This ecosystem of applications and integrations allows you to quickly integrate with all other applications within our ecosystem. You are able to do this without having to build, monitor or maintain individual endpoint-to-endpoint integrations. With iPaaS+™ by Ryvit, you get all of the benefits on an iPaaS provider plus a whole lot more. You are able to leverage our business intelligence component for better analytics because of our ability to natively push and pull data from multiple applications. The meaningful metrics gained from our BI can be shared with the executive team, sales and marketing teams and even customers. Your integrations will be easier, faster and smarter.

Easier. We build software integrations for your company. Behind every Ryvit integration is a team of integration specialists working directly with you to do the heavy lifting. We design and develop value-adding functionality to meet the needs of your customers. You can integrate your software application to ERP, CRM, eCommerce, Social apps and specialty industry-specific solutions without exhausting your development resources….the work is being done for you.

Faster. Once you have us build an application integration, you can re-use that development investment to connect the correlating database objects with additional applications available on the Ryvit Platform; Or you can choose for us to create a new application Ryvit for another vendor’s solution if it isn’t already available. You accelerate getting new solutions to market and quickly create value.

Smarter. Whether your requirements include complex data mappings, data transformation, document generation, real-time synchronization or cross-integration analytics we have you covered. Leverage our resources and capability to deliver a fully-managed, enterprise-level solution to your customers for a fraction of the cost to build and maintain a single point-to-point integration.

The Ryvit Value Proposition

“Software companies don’t typically have the resources or the time to focus on how other business applications use their data or services. They are focused on developing their product. The iPaaS model allows organizations to decouple from the process. A partner builds their API, exposes the objects and functionality they want to share and we do the rest. Ryvit manages the integrations, handles functional changes, monitors systems and hardware – and ensures every partner in the ecosystem can scale to meet demand with 99.99% reliability.” CEO, Ryvit Partner

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