Tag Archive | "Services"

7 Steps To Launch A Home-Based Business Selling Services Online

Welcome to a complete overview of the steps to launch what I call a Services Arbitrage business. If you’re not sure what this is and you’ve never heard the story behind how I launched an online editing company, make sure you read Part 1 and 2 first. Here are the links: How To Start An […]

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How To Start An Online Business Selling Services Other People Deliver (I Call It ‘Services Arbitrage’)

For seven years, from 2001 to 2007, BetterEdit.com was my main online business (I later sold it for $ 100,000 USD and eventually it was merged with some other companies by new owners). You can hear a short background story of how I started BetterEdit.com by pressing play on the video above. This was the first […]

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Cloud is Really the New Normal for Financial Services

“Cloud is really the new normal,” says Scott Mullins, Head of Worldwide Financial Services Business Development at AWS. “If you look across enterprise companies and financial services today, the vast majority are considering cloud as a major part of their IT strategy going forward. It’s just picked up that much momentum. I think we’re just scratching the surface in cloud for the industry.”

Scott Mullins, Head of Worldwide Financial Services Business Development at Amazon Web Services recently discussed how cloud has become a major part of every financial organization’s IT strategy:

Financial Organizations Are Moving to the Cloud

I get to actually lead a team of financial services experts whose sole function is to help our customers both from the standpoint of FinTech startups, all the way up to the largest banks, broker-dealers, exchange companies, and insurers use our tools. That’s what we do on a daily basis and we’re having a lot of fun doing it. It’s really fun to watch.

I think the big stories in 2019 are going to probably be a couple things. The first thing is if we look historically back at the last several re:INVENT’s we’ve seen more financial institutions coming forward and talking about what they’re doing in the cloud. I think the reason for that is because we’re getting more muscle memory from these organizations.

2019 Will Bring an Accelerated Transformation

They’ve had experimentation, they’ve had some foundations they’ve been laying over the course of the last couple of years, and now they have confidence. They have confidence to do two things. Number one to move much more quickly to embrace these tools and to move more workloads over and to build net new things, but also to talk about it. Most financial institutions don’t want to talk about something until they know it well and they know it works for them and that they’ve really de-risked it for themselves.

We saw Goldman Sachs last year. This year we saw Guardian Life Insurance talking about how they’ve changed the 158-year-old company and how they made it nimble and agile. They’ve actually been able to close data centers. I think we are going to see more of that. What that means is we’re going to see a much more accelerated transformation of the industry itself. I think we’re going to see more and more of those organizations coming out and talking about how cloud is a major part of their IT strategy going forward.

Going to See a Much Richer Ecosystem of ISVs

The second thing I think we’re going to see is a much richer ecosystem of ISVs. Just look across what we have today and what’s been announced this week. Bloomberg came out talking about B-Pipe on AWS. Refinitiv a couple of weeks ago was talking about the fact that Elektron runs on AWS. We’re working very closely with Broadridge. We’re working closely with Finical and Temenos and a lot of different vendors in the industry and that’s going to continue to happen at a rapid pace.

Financial Industry Undergoing Massive Transformation

The reason for that is twofold. Number one, you’ve got a lot of those customers who are going through massive transformations and they’re saying to their ISPs, I love the relationship that we have but I’m moving to the cloud. If we’re going to continue to have a relationship you’ve got to move to the cloud with me and those vendors are responding very positively.

Or you’ve got some vendors like IHS Markit who several years ago said, you know what, the future of financial services is in the cloud and I need to start moving before even my customers are telling me so that I can be ahead of the game. Those are two things you’re going to see be very key themes in 2019.

Cloud is Really the New Normal

Cloud is really the new normal. If you look across enterprise companies and financial services today, the vast majority are considering cloud as a major part of their IT strategy going forward. It’s just picked up that much momentum. I think we’re just scratching the surface in cloud for the industry. There’s going to be a room for not just one cloud provider, but multiple cloud providers and opportunities for everyone.

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Cloud is Really the New Normal for Financial Services

“Cloud is really the new normal,” says Scott Mullins, Head of Worldwide Financial Services Business Development at AWS. “If you look across enterprise companies and financial services today, the vast majority are considering cloud as a major part of their IT strategy going forward. It’s just picked up that much momentum. I think we’re just scratching the surface in cloud for the industry.”

Scott Mullins, Head of Worldwide Financial Services Business Development at Amazon Web Services recently discussed how cloud has become a major part of every financial organization’s IT strategy:

Financial Organizations Are Moving to the Cloud

I get to actually lead a team of financial services experts whose sole function is to help our customers both from the standpoint of FinTech startups, all the way up to the largest banks, broker-dealers, exchange companies, and insurers use our tools. That’s what we do on a daily basis and we’re having a lot of fun doing it. It’s really fun to watch.

I think the big stories in 2019 are going to probably be a couple things. The first thing is if we look historically back at the last several re:INVENT’s we’ve seen more financial institutions coming forward and talking about what they’re doing in the cloud. I think the reason for that is because we’re getting more muscle memory from these organizations.

2019 Will Bring an Accelerated Transformation

They’ve had experimentation, they’ve had some foundations they’ve been laying over the course of the last couple of years, and now they have confidence. They have confidence to do two things. Number one to move much more quickly to embrace these tools and to move more workloads over and to build net new things, but also to talk about it. Most financial institutions don’t want to talk about something until they know it well and they know it works for them and that they’ve really de-risked it for themselves.

We saw Goldman Sachs last year. This year we saw Guardian Life Insurance talking about how they’ve changed the 158-year-old company and how they made it nimble and agile. They’ve actually been able to close data centers. I think we are going to see more of that. What that means is we’re going to see a much more accelerated transformation of the industry itself. I think we’re going to see more and more of those organizations coming out and talking about how cloud is a major part of their IT strategy going forward.

Going to See a Much Richer Ecosystem of ISVs

The second thing I think we’re going to see is a much richer ecosystem of ISVs. Just look across what we have today and what’s been announced this week. Bloomberg came out talking about B-Pipe on AWS. Refinitiv a couple of weeks ago was talking about the fact that Elektron runs on AWS. We’re working very closely with Broadridge. We’re working closely with Finical and Temenos and a lot of different vendors in the industry and that’s going to continue to happen at a rapid pace.

Financial Industry Undergoing Massive Transformation

The reason for that is twofold. Number one, you’ve got a lot of those customers who are going through massive transformations and they’re saying to their ISPs, I love the relationship that we have but I’m moving to the cloud. If we’re going to continue to have a relationship you’ve got to move to the cloud with me and those vendors are responding very positively.

Or you’ve got some vendors like IHS Markit who several years ago said, you know what, the future of financial services is in the cloud and I need to start moving before even my customers are telling me so that I can be ahead of the game. Those are two things you’re going to see be very key themes in 2019.

Cloud is Really the New Normal

Cloud is really the new normal. If you look across enterprise companies and financial services today, the vast majority are considering cloud as a major part of their IT strategy going forward. It’s just picked up that much momentum. I think we’re just scratching the surface in cloud for the industry. There’s going to be a room for not just one cloud provider, but multiple cloud providers and opportunities for everyone.

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SearchCap: LiveRamp targets Bing Ads, Amazon Marketing Services & more

Below is what happened in search today, as reported on Search Engine Land and from other places across the web.



Please visit Search Engine Land for the full article.


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PayPal Will Soon Integrate More Payment Options Into Google Services

Google’s rebranding of Google Pay this year was done to make twofold transactions go more smoothly. Now, the company is integrating PayPal into the mix. This will enable PayPal users to pay bills and make purchases without having to log in or out of Google services.

The integration between Google and PayPal will go live later this year. It will cover any services and apps using Google Pay, like Gmail, the Google Store, and YouTube and will also work with peer-to-peer transfers.

The two companies working together is not new. PayPal has already been a payment option for Google Play since 2014 and in online and in-store transactions that are handled by Google Pay since 2017. Google is also working with other payment partners like Braintree, Cybersource, Mastercard, Stripe, and Visa.

The expanded relationship between Google and PayPal will undoubtedly benefit the two companies. For the former, it will mean a reduction of users leaving the site just to complete a transaction, a move that more often than not results in abandoned purchases. This will also give buyers more payment alternatives, ensuring that more sales are completed. As for PayPal, the union will also give its members an incentive to use its services to buy things, thereby leading to higher transaction revenue.

This partnership also underlines the changes and challenges happening to online payments. A large number of consumers are already willing and ready to pay for services and items online. The problem is that with so many payment options and shops, it’s difficult to keep consumer interest. The challenge now for app publishers, shop owners and platform owners is how to keep people engaged in the product and not migrate to another site.

The solution is to introduce services where payment transactions are already enabled at the point that they’re needed with minimum fuss. This means no jumping to another site or app, no logging in several times or taking additional steps just to finalize a payment. 

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Which Business Model Is Best: Selling Services, Software, Information Or Physical Products?

I’m getting old, at least in internet years. It’s almost 20 years now that I have been online and had some kind of website of my own. During this time I’ve played with all kinds of different business models, all kinds of different ways to make money online. Nearly every technique I’ve used…

The post Which Business Model Is Best: Selling Services, Software, Information Or Physical Products? appeared first on Yaro.blog.

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Microsoft Announces Huge Price Cut for Azure Cloud Services, Now Just $100 Per Month

Microsoft Azure customers were pleasantly surprised today. The cloud computing company just announced that it has substantially dropped the price for its Azure Standard support to just $ 100 per month, making it the most affordable support package among the big three cloud computing firms.

The price slash of the Azure Standard support, which was previously priced at $ 300 per month, was announced in a post via Microsoft Azure’s website. Despite the drop, however, the company promised an even faster initial response time of 1 hour, which was previously set at 2 hours, for critical cases. The company also promised the continuation of the current package’s feature of unlimited 24/7 technical and billing support for the client’s entire organization.

The price cut is being offered to eligible Azure customers. These are customers who purchased the Azure Standard support package directly from the Azure.com site under the Microsoft Online Subscription Agreement (MOSA).

However, the $ 100 per month offer is not applicable to all regions. For still unspecified reasons, customers based in Germany are apparently not included in the price cut.

Azure’s drastic price reduction for its Standard support could start a price war among the big three players in the cloud computing industry. It is possible that competitors Amazon Web Services (AWS), as well as Google Cloud Platform, might be forced to introduce price cuts of their own to make the pricing of their services even more competitive.

At $ 100 per month, the AWS Business plan costs as much as the new Azure Standard support. However, that is only the starting price because clients usually end up paying more for additional charges based on their monthly usage fees.

Meanwhile, Google is charging a higher monthly rate for its standard support at the moment. Basic support costs $ 150 per month and its response time for business critical issues is even slower at 4 hours compared to 1 hour for Azure customers.

[Featured image via Microsoft]

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Amazon Web services Acquires Cybersecurity Startup Sqrrl

Cybersecurity will always remain a big issue that computing companies such as Amazon Web Services will have to address every time they court potential clients. After all, these clients will want assurance that their sensitive data will remain secure when stored off premises.

With the discovery of the decades-old system flaws like Spectre and Meltdown, assuring clients on the safety of their data is even more challenging for players in the cloud computing business. However, it appears that AWS has this issue already covered. The tech giant recently acquired Sqrrl, a cybersecurity firm with ties to the master of cybersecurity itself —the NSA.

Rumors of the deal started circulating a few months ago that Amazon was reportedly eyeing to the startup, which specializes in advanced computer threat prevention and detection. However, the acquisition has now been confirmed by Sqrrl CEO Mark Terenzoni in a post made on the company’s website.

“We’ve reached another milestone in our journey!,” Terenzoni announced in the post. “We’re thrilled to share that Sqrrl has been acquired by Amazon. We will be joining the Amazon Web Services family, and we’re looking forward to working together on customer offerings for the future.”

At the moment, details of the deal are not yet available to the public. However, previous reports place the deal’s price tag to be around $ 40 million.

Of course, such a figure is not that much of a big deal to AWS who is still the leader in cloud computing. In the third quarter of 2017 alone, AWS posted a staggering $ 1.17 billion income from the $ 4.58 billion it generated in revenues.

Interestingly, the Sqrrl deal comes shortly after AWS announced plans to pick up more business from the U.S. intelligence agencies. In fact, the company revealed that it will be forming a “secret” region of data centers specifically to handle the cloud computing needs of these agencies.

Sqrrl already has ties with the NSA that date back to 2011. In 2012, it handled NSA’s open-source database software called Accumulo.

[Featured image via Amazon Web Services]

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Which Business Model Is Best: Selling Services, Software, Information Or Physical Products?

I’m getting old, at least in internet years. It’s almost 20 years now that I have been online and had some kind of website of my own. During this time I’ve played with all kinds of different business models, all kinds of different ways to make money online. Nearly every technique I’ve used…

The post Which Business Model Is Best: Selling Services, Software, Information Or Physical Products? appeared first on Entrepreneurs-Journey.com.

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