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Application Development and Maintenance - Essay Example

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This essay "Application Development and Maintenance" discusses Mindtree Company which helps the world’s leading organizations to manage their mission applications in order to ensure real-time availability. The company invests a lot of cash and time to ensure that it provides obsolete technologies…
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Application Development and Maintenance
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Service providers’ analysis CBRE, for commercial real e Perceived risks Technology-CBRE is currently being affected by a number of risks thus resulting in decreased revenues. To begin with, this commercial real estate developer is facing a challenge of technology advancement. Real estate developing is knowledge and capital intensive industry. This is one of the industries that are characterized as having higher technological standards, advanced technology and requirements. Due to the development of current technologies, more companies are focusing on technology innovation.In addition, since most residents have increased income, the requirements of the living conditions are becoming much higher thus putting more pressure on the CBRE Company to improve its technological standards due to increased competition (Nel, et al 4). Political and Government changes-since the company is planning to engage in global financial activities, there is a possibility of it facing additional opportunities and risks. The major risks that the company is likely to face are political risk and foreign exchange risk. Due to these risks the company is likely not to maintain its reliable and constant revenues (Nel, et al 5). Market- the company is also likely to face risk due to the current emerging market banks. This will be risk associated with potential loss, which may arise from the negative effects due to change of interest rates, equity price volatility, and currency exchange inherent from trading portfolio of banks. Future directions Growth plans- Since the CBRE Company has many opportunities because it has highly invested and has technological development, the company has potential and future developments. Due to the increasing rate of population and increased residential income, the company is planning to develop more real estates. In addition, a large number of people are migrating to urban centers in search of jobs and this gives the company a guarantee that they will still have increased number of customers. The company is also planning to improve its technological standards and dominate the entire town in order to attract a large customer population (Nel, et al 6). It will achieve this goal by reducing the price of its properties and set a price that is slightly lower than their competitors for competitive advantage. Project market in the 5 next years- the bad news about the company is that its market returns in the next five years will be likely below average. This is according to the company’s market-timing model exploitation of its long term predictability. These projections are made by the company’s analyst (Nel, et al 6). The company predicts that in the next four to five years it will produce revenues close to 1700 M dollars. Firstsource, for customer service Perceived risks Technology- the company is likely to be affected by technological advancement. Due to advancement of technology, customers are currently becoming more selective about the condition and status of the properties than before thus posing a stiff competition in the real estate developing industry. Political and Government changes- the company will face political and government risks if the nation’s government unexpectedly implements new policies, which will in turn affect the foreign markets. These policy changes may include things such as trade barriers limiting or preventing the company from international investments and trade. The government may also start requesting for additional tariffs or funds in exchange for rights to invest into other countries. Market-Builders Firstsource Company is current facing some risks, which may force it to lag behind its competitors. The revenues have increased higher than the industry’s average. This revenue growth appears to have gone down the bottom line of the company hence increasing earnings per share. However, the company reported a significant growth of earnings per share. This portrays that the company is having a positive growth and therefore the market is expecting it to improve. However, despite the company’s improvement, currently there is no conclusive evidence warranting the sale or purchase of its stock. The ratio of debt-to-equity is currently high and higher than the average of the industry (Nel, et al 7). This implies that there is increased risk that is associated debt levels’ management within the company. Additionally, there is a great decrease on the return on equity and this signifies a weakness within the industry posing some risk to Firstsource Company. Future directions Growth plans-The Company is willing to keep on utilizing its core competency in customer service provision to target the rich and wealth city dwellers that will bring suitable profitability. Externally, the company is looking for opportunities that will enable it acquire advanced technologies, products, or companies that can provide it with alternative construction materials. Internally, the company is planning to employ more and expertises to enable the company provide quality service to its customers. At the modern world, the company is committed to maintain quality excellence of its services and products in order to increase customer satisfaction as well as market leadership (Nel, et al 11). The company also vows to remain as a responsible corporate that cares for the lives of the country’s citizens and preserve the earths environment. Firstsource is also planning to expand and establish new investments in other parts of the country. Project market in the 5 next years- In order to adjust for the tendency of analysts to be over optimistic, this company focuses on the end of five years to have return projects for their properties. The management then uses these projections averages to predict its return for the next five years. The company projects a total return of 10% per year. Mindtree, for application development and maintenance Perceived risks Technology- Mindtree Company helps the world’s leading organizations to effectively manage their critical mission applications in order to ensure real-time availability. The company invests a lot of cash and time to ensure that it provides obsolete technologies. However, the company faces many risks. For instance, the company may spend a lot of ‘money and time designing software and the software fails to function accordingly. This may result in the company incurring huge losses as well as decrease in customer trust and satisfaction. The company is also being impacted by technological risks. Due to advancement of information technology, the cost of designing the software has also increased. Political and government change- In addition, since IT companies are the ones providing a large economic share, the governmental policies are posing higher tax rates to such companies (Nel, et al 12). This can also have a huge impact on the company’s profits since it will cut its revenues due to the increased tax rate or even restrict its revenues. Although trade barriers have currently decreased due to agreements of free trade, the daily differences in foreign laws can affect the company’s profits as well as it investing in foreign countries. Future directions Growth plans-The Company has proven a methodology of maintaining applications including application technical, support, as well as functional support for ongoing and existing enhancements. Due to the company’s many years of experience, it is willing to enhance the stability of its applications, offer its services at a lower cost compared to that of its competitors, reduce total ownership cost, and ensure continuous quality improvements for its services in order to increase customer trust and satisfaction (Nel, et al 13). Project market in the 5 next years- the company will return back to its Rs 3,500 cr market size over the next five years. Of course, this projection is subject to growth and stable government that focuses on development of infrastructure and establishing the country as powerhouse with appropriate economic status. There is already a possibility that the economic status of the country will stabilize and this means that the company will achieve its market projections for the next five years. Work cited Nel, Deon, et al. "Eleven years of scholarly research in the< IT> Journal of Services Marketing." Journal of Services Marketing 25.1 (2011): 4-13. Read More
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