Blog Archive

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The 2020 Family Office Software Roundup

Selecting the right software is one of the most critical and daunting tasks businesses face. As the digital revolution unfolds, an increasing number of processes are digitized, consolidated and automated using software solutions. Today most industries have easily identifiable software frontrunners, yet the private wealth- and family office segment still suffers from fragmentation, a lack of clarity and transparency.

For many family offices, the process can be time and resource-intensive — with limitations discovered after purchase, having serious consequences for productivity and costs. According to Bijan Farsijani, who heads research & insights at Simple, “Choosing software solutions for family offices is a pain – not least because providers and family offices speak different languages.

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This Startup Expedites Enterprises’ Adoption of Software Applications


6 min read


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

In a computer-driven era, adopting or learning new software can be taxing and time consuming. On an individual level, a simple click on YouTube tutorials or calling up a friend who is proficient with the software can do the trick. However, for enterprises with thousands of employees, the situation to deal with a new software or facing an error is expensive and not welcomed. Customer relationship management (CRM) software used by enterprises across sectors to onboard new customers can be onerous to use.

Understanding this pain, Khadim Batti and Vara Kumar in 2013 founded a SaaS-based solution provider startup Whatfix. Based in Bengaluru, the startup in February this year raised $32 million in Series C round from Sequoia Capital.

In an interaction with Entrepreneur India, Batti, chief executive officer and co-founder of Whatfix,

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COVID’s Impact On Cloud Software Stocks

Rebound numbers from Q3 will look spectacular following the paralyzing effects of strict shelter-in-place orders in Q2. The economy is officially in a recession after posting two negative quarters of GDP growth at (5%) in Q1 and (32%) GDP in Q2. The latest estimate from Atlanta’s Fed GDPNow for Q3 2020 is showing a record rebound of 35.3%.

This represents an increase of 7.9% quarter-over-quarter and 3.1% below the pre-recession high. For comparison purposes, the Financial Crisis of 2008 bottomed at 4.0% below its pre-recession during the third and fourth quarters of its recession.

The chart above shows the projected Q3 rebound of 35.3% from the Atlanta Fed’s GDP Now released on October 6th, 2020.

Cloud and IT Budgets: Staying Objective

Some will argue the market is not the economy (which is true), however,

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Supreme Court Hearing On A $9 Billion Case Involving Oracle And Google Could Reshape The Software Industry

In a landmark moment in the history of the U.S. software industry, the Supreme Court held a hearing on October 7 into a long-running legal dispute that pits tech giants Oracle and Google against one another.

The case centers around whether or not a key foundation of today’s increasingly software-driven economy—blocks of code known as “application programming interfaces,” or APIs—is subject to copyright protection. Oracle claims Google infringed copyright when it used elements of the Oracle-owned Java programming language to build its Android operating system, which now powers billions of smartphones and other devices. Google denies the claim, which involves about 11,500 lines of code out of millions of new lines that it wrote to create Android. The two companies have been battling one another in the courts for over a decade, with Oracle demanding $9 billion in compensation.

The outcome of

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German tech giant Software AG down after ransomware attack

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Image: Software AG

Software AG, one of the largest software companies in the world, has suffered a ransomware attack over the last weekend, and the company has not yet fully recovered from the incident.

A ransomware gang going by the name of “Clop” has breached the company’s internal network on Saturday, October 3, encrypted files, and asked for more than $20 million to provide the decryption key.

Earlier today, after negotiations failed, the Clop gang published screenshots of the company’s data on a website the hackers operate on the dark web (a so-called leak site).

The screenshots show employee passport and ID scans, employee emails, financial documents, and directories from the company’s internal network.

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Image: ZDNet

Software AG disclosed the incident on Monday when it revealed it was facing disruptions on its internal network “due to [a] malware attack.”

The company said that services to customers, including its cloud-based services,

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Software predicts the rise and fall of every river on Earth

Software predicts the rise and fall of every river on Earth
BYU civil and environmental engineering professor Jim Nelson at the Provo River. Credit: Jaren Wilkey/BYU

In July heavy rains triggered landslides and floods in Nepal that ultimately killed more than 130 people. As soon as the rain started falling, BYU professor Jim Nelson knew things could get bad.


That’s because the water-modeling software created by Nelson and colleagues from NASA under the Group on Earth Observations Global Water Sustainability (GEOGloWS) Partnership can predict the rise and fall of every river on the face of the planet. And in the case of Nepal, the streamflow forecasts were warning of severe flooding throughout the country.

Fortunately, the predictive models, accessible through the BYU software, made it into the hands of emergency agencies in Nepal, saving many lives in what could have been a catastrophic loss of life.

Nepali officials being able to access this vital information through Nelson’s large-scale visualization hydrologic data

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Polestar 2 EV recalled in China, Europe over software defect

  • Geely, the parent company behind Polestar and Volvo, recalled about 2,200 Polestar 2s over a software defect, Reuters reported via Swedish financial paper Dagens Industri.
  • The defect can cause the cars to lose power and stop running, even while they are driving.
  • The recall only affects Polestar 2s in China and certain parts of Europe. Cars in the US and Canada are not affected.
  • Visit Business Insider’s homepage for more stories.

The brand-new, Tesla-challenging Polestar 2 EV just got hit with a major recall. Don’t worry if you’re in North America, though. The recall is only for cars in China and certain parts of Europe.

Geely, the parent company of Polestar and Volvo, recalled about 2,200 2s over a software defect, Reuters reported on Saturday, citing Swedish financial outlet Dagens Industri. The defect caused “several cars” to lose power and stop running, even while they were being driven.

All Polestar

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Secrets To Creating Software That Customers Love

This week Asana–which operates a platform for project management–pulled off its direct listing on the New York Stock Exchange. On the first day of trading, the shares shot up about 37%. 

The roots of Asana go back to 2008. The co-founders were Dustin Moskovitz (the the co-founder of Facebook) and Justin Rosenstein (a former employee at Facebook and Google).  They got the idea for their startup

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Ford new CEO Farley eyes software, tech stack as differentiator vs. rivals

New Ford CEO Jim Farley’s plan for the automaker includes a heavy dose of software and services for its commercial vehicle business as well as new consumer experiences to drive loyalty.

Ford, which is in the middle of a turnaround of its core business, is trying to navigate a shift to electric vehicles, autonomous vehicles as well as an industry that is increasingly more about software. Farley takes over for Jim Hackett, who streamlined the automaker over the last three years. 

Farley outlined a series of leadership changes and a plan that includes “expanding its commercial vehicle business with a suite of software services that drive loyalty and recurring revenue streams” and “unleashing technology and software in ways that set Ford apart from competitors.”

In addition, Ford is looking to develop connected vehicles and create new businesses from the Argo AI self-driving system.

Ford on Roadshow: Ford Bronco ordering

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The Lost Art Of Software

Director of Engineering at Sabal Tech, Inc., overseeing the design and implementation of software that exceeds our customers’ expectations.

“You might not think that programmers are artists, but programming is an extremely creative profession. It’s logic-based creativity.” — John Romero

When we think of software engineers, we envision people with highly technical minds. We may go on to assume that these people did great in math and science courses. We tend to draw these conclusions because we’ve been conditioned to think of software development as a purely technical task. This is not the case, however, and I would even go as far as stating that the development of software is mostly an artistic craft with some highly technical elements sprinkled in.

A successful software product is not engineered once, deployed and forgotten. Rather, it is the result of an ongoing creative process, with its goalposts continually getting pushed

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