{"id":2257,"date":"2023-06-21T20:55:04","date_gmt":"2023-06-21T15:25:04","guid":{"rendered":"https:\/\/mybookalert.com\/dev\/gtm360\/?page_id=2257"},"modified":"2023-06-30T23:44:36","modified_gmt":"2023-06-30T18:14:36","slug":"it-products","status":"publish","type":"page","link":"https:\/\/mybookalert.com\/dev\/gtm360\/it-products\/","title":{"rendered":"IT Products"},"content":{"rendered":"\n
\n
<\/div>

IT Products<\/h1><\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n

Adopt 360 Degree Packaging<\/h2>\n\n\n\n

Analysts predict a clear market trend favoring the purchase of readymade software solutions as compared to custom-developed applications. This is a good sign for software product companies who invested heavily to develop packaged applications and are eagerly awaiting payback time.<\/p>\n\n\n\n

At the same time, current market conditions are forcing their prospects and customers to assess each and every technology investment minutely for their ability to cut costs, raise revenues and retain customers. No longer satisfied with hearing promises, enterprises are increasingly expecting their product vendors to steer implementation programs toward achievement of these business goals. In the bargain, they are less reluctant than ever before to change their traditional ways of doing business and start adapting base product functionality.<\/p>\n\n\n\n

Astute software product vendors have a great opportunity to drive up sales against this backdrop by demonstrating how their products make the leap from being mere technology tools to catalysts for achieving business goals. With business \u2013 rather than IT \u2013 expected to play a pivotal role in most purchase decisions going forward, product vendors can benefit by re-positioning their products as resolution to business pain points. Using state-of-the-art tools and frameworks like STRADOF<\/a><\/strong>, they can differentiate themselves using a broader array of attributes in the total ownership experience instead of focusing all their energies on playing the functionality catch up game with market leaders who have years of head start. While product implementers might no longer be able to generate customer delight merely by customizing their products to suit every individual customer\u2019s specific requirements, their customers\u2019 growing willingness to adopt base product feature sets will drive higher levels of template-based implementations and help their engineering organizations derive greater economies of scale.<\/p>\n\n\n\n