As the business community continues to cope with a poor business environment, companies are quickly becoming more creative with how they view cost savings and return on investment (ROI). The inevitable understanding that, in order to save money a company needs to spend money is becoming clear. Generally, this concept is not one of the more difficult concepts to understand, but when companies have been spending capital with little thought, it is difficult to change.
Many companies have been preaching the “spend to save concept” for some time, but building systems that could efficiently accomplish the task were a bit slower in coming. They were available in some form, but somehow didn’t quite get the job done. Finding a company that has a system to help companies “work smarter, not harder” is a solid investment when capital is sitting idle and waiting for an efficient place to work.
SAND Technology Inc., a data management software and best practices company, works to provide software and services directed at more efficient accessing and management of large amounts of data. The company services: government, healthcare, financial services, telecommunications and transportation sectors.
In a difficult business environment, the company has been making solid gains in implementing its business plan. Sherbrook University Hospital Center has found its usage of the company’s SAND/DNA platform to dramatically reduce expenses while Pioneer Foods, a South African food producer, has found the company’s products successful in assessment of its SAP NetWeaver data warehouse. In this regard, the company’s SAP/DNA product has reached “Certified for SAP NetWeaver” and “Powered by NetWeaver” status.
As large data users come to the understanding that data warehouses are an asset to be used and managed, SAND Technology is well positioned to benefit. Generally speaking, seeing data as a profit center with all ROI attachments is a trend being practiced and gaining traction. In its most recent reporting period, the company has been improving its financial position and continues to believe that it can reassert its growth path in a down economic period. As customers come to terms with how they can save through investment, SAND Technologies is available to capitalize and continue what has been a positive path toward prosperity.
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