How to Establish a Budget and Buy New Information Technology

The traditional approach to purchasing technology may be stated as follows (with minor variations):

1. Create a budget

2. Create a requirements list

3. Review technology demonstrations

4. Get proposals from the technology providers

5. Buy from the lowest bidder if they meet the basic requirements

What’s wrong with this picture? Let’s drill deeper beginning with “Create a budget.”

Typically the budget is predicated on what the organization thinks they want to spend on their new technology. This is precisely the wrong starting place. The enterprise ought first to determine what strategic and tactical benefits they want their new techology purchase to deliver. They should determine, in advance, how they expect their new investment in technology will help them increase throughput, reduce inventories and other investment demands, and hold the line or cut operating expenses. These goals should be quantified and they should be rational. For example, the organization might say:

INCREASING THROUGHPUT – Investment in CRM will help us segment our market in ways that will allow us to make more targeted win-win offers to our existing customer base while simultaneously giving us opportunity to make offers to new customers that will grow our market share. Combined, we expect these two effects to add $4 million in revenues over two years and an estimated $260,000 to net profits before taxes (NPBT).

REDUCING INVENTORIES/INVESTMENT DEMANDS – Investment in improved warehouse, inventory management, and inventory replenishment (supply chain) technologies will allow us to reduce overall inventories by an estimated $2.5 million over two years. By reducing inventories, this will relieve pressure on demands for new warehouse and production floor space. Thus, demands for new capital investments are also attenuated. The forecase $2.5 million reduction in inventories should save the enterprise an estimated $72,000 in carrying costs in year one and $136,000 in carrying costs in year two after go-live.

HOLDING THE LINE ON OPERATING EXPENSES – The improved accuracy and enterprise-wide data visibility provided by the new ERP (enterprise resource planning) system should reduce the requirements to add personnel as revenues increase. Our expected benefit would be 4.2 FTEs (full-time equivalents) over the coming two years at an average FTE cost of $78,000 per year for a total estimated benefit of $3.28 million over two years.

Summary of Net Estimated Benefits Over Two Years:





Having completed this kind of analysis, the organization has now quantified what it hopes to gain from its investment in the new techologies. More than that, the management team is in a far better position to determine “requirements.” The requirements list will no longer be the 300 or more mostly meaningless items garnered from current users that do little more than reiterated things like “Must be able to print a check.” Instead, the team is ready to focus on that relatively small handful of things that a technology provider might show them that will really help them achieve the enterprise’s goals for meaningful improvement. Equally important, the management team is now prepared to set a meaningful budget based on realistic expectations and forecasts of return on investment (ROI).


Business owners, executives, and managers that assume that buying information technology is best done by setting a budget, considering the options, and then buying from the lowest bidder are likely to be disappointed. This is especially true if their budget amounts to nothing more than a guess-timate of what they think their “new system” should cost. If they have not set strategic goals for their investment in new technologies, then their purchasing process will lack focus and it is all too likely that their acquired technology will not be fully integrated with their corporate strategies. Furthermore, using the traditional approach will mean that it is less likely — not more likely — that the new technology will not deliver the return on investment (ROI) that stakeholders wanted.

(c) 2008 – Richard D. Cushing

Innovative Solar Companies Must Be Ready to Dump Their Current Technology at Any Time

Let’s say you are a start-up company in the alternative energy sector, most would agree that you are in the right place at the right time. Next, let’s say that you have a new solar company that is about to take the market like an X-flare Sun Spot! Great, it’s all good, tax credits waiting for the buyers of your product and venture (vulture) capitalists and angle investors lining up to get in on the action. It’s all good right?

Well, sure it is if you get moving right away, get your product to market, sell a ton and have a quick exit strategy to pump and dump so to speak. No, I am not suggesting that you blatantly make forward looking projections in violation of SEC laws, rather I am saying that you’ll need to be ready to sell and get out of the business at a moment’s notice. Why you ask?

Simple, since these types of technologies are receiving boat loads of research funds, someone out there somewhere, maybe MIT or maybe someone in China, Japan, Germany or somewhere on this planet will come up with something better and get ready to take that to market to compete against you. Thus, they’ll leap frog your technology before your sales even reach maximum velocity and everyone will choose to wait to buy until the next newest solar tech hits the shelves.

Each new innovation is bettering the one before almost like Moore’s Law, those who install solar panels might get a fast ROI with your product in 10-years, but if they wait 2-years from now, then they can get a better ROI of 3-5 years. So, with this known, you have to be ready to get your product to market at the speed of light and then get out of dodge when someone else comes and does the same thing. Think on this.

** Cite: An Overview for Innovation 1986 by Stephen J. Kline and Nathan Rosenberg published in the National Academy of Sciences

What is SP Boss?

SP Boss is an online satta matka gambling game that is popular in India. The game is played by guessing the numbers that will be drawn from a matka, which is a pot filled with numbers. Players can bet on single numbers, combinations of numbers, or even the total number of numbers that will be drawn.

History of SP Boss:

SP Boss was founded in 2010 by a group of entrepreneurs who were passionate about gambling. The company quickly became one of the most popular online satta matka gambling sites in India. In 2015, SP Boss was acquired by a larger gambling company, which helped to further increase the company’s popularity.

How to Play SP Boss:

To play SP Boss, players must first create an account and deposit funds into their account. Once they have done this, they can start placing bets. Bets can be placed on a variety of different options, including single numbers, combinations of numbers, and even the total number of numbers that will be drawn.

How to Win SP Boss:

To win SP Boss, players must correctly guess the numbers that will be drawn from the matka. If they do this, they will win a payout that is based on the odds of their bet. For example, if a player bets on a single number and that number is drawn, they will win a payout of 1:1. If a player bets on a combination of numbers and those numbers are drawn, they will win a payout that is based on the odds of their bet.

Is SP Boss Legal?

The legality of SP Boss is a complex issue. In some states in India, gambling is illegal. However, in other states, gambling is legal. SP Boss is operated in a state where gambling is legal. However, it is important to note that gambling can be addictive and can lead to financial problems. If you are considering playing SP Boss, it is important to do your research and to gamble responsibly.

Why Play SP Boss?

There are a number of reasons why people choose to play SP Boss. Some people enjoy the excitement of gambling and the chance to win big money. Others enjoy the social aspect of gambling and the chance to meet new people. Still others enjoy the challenge of trying to beat the odds and win money.

Is SP Boss Safe?

SP Boss is a safe and secure website. The website uses SSL encryption to protect player data. Additionally, SP Boss has a team of customer service representatives who are available 24/7 to help players with any problems they may have.


SP Boss is a popular online satta matka gambling game that is available in India. The game is easy to play and offers a variety of betting options. SP Boss is a safe and secure website that is operated in a state where gambling is legal. If you are looking for an exciting and challenging gambling experience, SP Boss is a great option.

DPBOSS Matka Decoded: Learn the System and Win Big

Have you ever wanted to play a game that is simple yet complex, straightforward yet challenging? DPBOSS Matka might be just the thing for you. It’s a game of skill, luck and most importantly wits. In terms of popularity, it has witnessed an unprecedented rise over the past few years.

But before you decide to take your chances on this classic game, there is something you should know. You have to understand how it works and its rules if you want to win big. Don’t worry though; we’ll help decode DPBOSS Matka in this article so that you can sit back and enjoy the thrill of playing without any worry or confusion!

What Is DPBOSS Matka?

In the world of gambling, DPBOSS Matka is one of the most exciting and popular games. It’s a numbers game that requires you to pick three numbers between 0 and 9, with each number representing a digit in a result. Once you’ve chosen your numbers, you can place a bet on whether the result will match or not.

But there’s more to DPBOSS Matka than that. It also has multiple betting options and combinations, with some offering more potential opportunities for you to win big. You can also take advantage of certain strategies and tactics to increase your chances of winning in DPBOSS Matka.

The key to mastering DPBOSS Matka is understanding the system, as well as which strategies are best for you. With the right combination of knowledge and luck, you can beat this game and walk away with some great rewards!

The History and Origins of Matka Gambling in India:

Matka gambling, also known as satta matka, is a form of lottery-style gambling that has been popular in India since the 1950s. Initially, the game was based on a guessing game conducted between cotton brokers in which they placed bets on the closing prices of cotton. Over time, it evolved into a larger form of gambling with people betting their money on guessing the right numbers.

Today, dpboss matka is one of the most popular forms of lottery-style gambling in India. In this variation of the game, players must select any three numbers from 0 to 9 and then place their bets on one or more combinations. The player who guesses the correct combination wins a certain amount of money depending on the stakes placed.

The great thing about dpboss matka is that even if you don’t get lucky and guess the exact combination you are still able to win smaller amounts by selecting some other combinations close to it. This makes it a much safer form of betting than other traditional forms of gambling because you are not relying completely on luck and can still make money even if you don’t hit your target combination.

How DPBOSS Matka Works: Understanding the Basics:

If you want to understand how the DPBOSS Matka system works, it all starts with a few basics: the Open and Close, Jodi and Patti. The Open and Close are numbers that are chosen in the draw, which can be seen or heard on live broadcasting networks like television or radio. The Jodi is just two single numbers (the first and last of the three-digit number) whereas Patti is a three-digit number.

It’s also important to understand the time of the draw, which is typically every day around 08:30 PM IST. All you need to do is predict what the Open and Close numbers will be for that draw, then place your bets accordingly.

Placing Bets:

When you want to place your bets on DPBOSS Matka, you can choose from different betting types like Fix Jodi, Half Sangam, Full Sangam and Panna. Most people usually bet on Fix Jodi since it’s the simplest option—all you have to do is pick two single-digit numbers from 0 to 9 to match with the Open and Close of that day’s draw.

Deciding Your Win Amount:

Once you’ve made your choice on what numbers to pick (and placed your bet), it’s time to decide how much you want to win if those numbers do end up being the ones drawn in that day’s draw. You can select any amount between ₹50/- to ₹9000/- per point for a maximum winning amount of ₹40000/- for each bet.

And that’s all there is to understanding how DPBOSS Matka works! Once you get comfortable with placing bets

Matka Number Systems: How to Read and Interpret the Results:

When it comes to DPBOSS Matka, the numbers are at the heart of the game. But if you don’t know what they mean and how to interpret them, it can be hard to stay ahead of the competition. So let’s lift the veil and decode this system together.

What’s a Matka Number?

Simply put, a Matka number is a 3-digit number that comes out as the result of a draw. To play DPBOSS Matka, you guess which three-digit number will come out of this draw and you could win big.

Explaining Results

How do you interpret results? It’s not that difficult. All matka entries (Also known as ‘Jodi’) have two numbers: A top line number and bottom line number. The drawer selects two random numbers, one from 0-9 for each line (Top & Bottom). If the box entry contains two identical numbers (same on both lines), it is called a “Single Jodi” or “Same Shot”. If the box entry contains two different numbers, it is called a “Double Jodi” or “Cross Shot”.

Easy, right? With these basics under your belt, now you can learn more about specific game types like Kalyan matka and start competing with confidence.