Smart technology’s role in business is rapidly evolving in some ways that are exciting. Smart tech is used to make buildings safer and better environmental conditions regulations that help in boosting employees’ comfort, productivity levels, and well-being. There are more and more benefits that people in the business world are experiencing. The current businesses need every entrepreneur, investor, or organization to take strategic approaches to ensure their businesses grow and make profits. This business report is about opening a company that offers smart technology services to businesses in smart cities. The company will be called Akamai-Calvin Technologies. The entire report will be based on this organization and focused on helping business organizations to also become innovative and carry out research that concerns their businesses. The company will be operating under Akamai technologies which deals with cybersecurity, cloud services, and other smart technologies-related services. Akamai-Calvin will be based in Surrey County.
Executive Summary
The business opportunities in Surrey County have proved that investing in the region can be very profitable for the cloud services offering organizations, just like Calvin technologies will do in partnership with Akamai. According to SBT (2019), more than three thousand businesses choose their destination of making business as Surrey, where they also sometimes live with their families. These new businesses enter Surrey every year because of the region’s competitive energy costs and tax rates. The region is growing very fast, and its population is culturally diverse, not forgetting its strategic location that is suitable for the United States and Asia internationally, where most of the investors and business owners come from, presenting substantial business opportunities for cloud service companies since almost every individual starting their businesses are aware of the cyberattacks, and other threats that their companies can face along with the innovative ways that smart technology can help their businesses to achieve. The services that the company will be offering are outlined in the remaining parts of this report. First, the problem statement will be discussed, the purpose statement, research strategy, industry analysis, Akamai-Calvin technologies’ competitive advantage, discussion of the findings, and recommendations.
Problem Statement
The need for writing this report is to provide the essential information so that every individual intending to start their business or invest in Surrey, British Colombia, can understand the services that Akamai-Calvin technologies will be offering. The mother company Akamai does not have many offices in Surrey, which means that the company will have an opportunity to provide services to the people of Surrey through the Calvin branch offices. The companies that need autonomic computing and utility in the region of Surrey are expected to find help regarding loud computing in our company. These types of organizations are many in the area, considering the number of businesses established annually. Historically, businesses have been tied to the places where their equipment is since that is the location where their information can be accessed, which is a very problematic issue for them, especially when the workers want to operate outside their premises since it can eliminate or limit their ability to function from their places of choice including their homes or meet outside in the field with clients or network away from their offices (Ford-Jones, 2022). Local servers have been used for storing data which makes it vulnerable to natural disasters affecting data. The risk can be alleviated by certain precautions, which will be catered for by Akamai-Calvin technologies.
Purpose Statement
I intend to show the business owners or investors in Surrey the cloud services that Akamai-Calvin technologies will be offering that range from security to cost efficiency and provide flexible payment options for businesses, among others. Cloud computing has the ability to minimize or eliminate the need that organizations have for expensive onsite software, storage infrastructure, and hardware (Orchestrate, 2018). The organizations that will receive our services will be required to only have desktops or laptops with internet connection in their offices (Orchestrate, 2018). The companies will then have the opportunity to share and store files through the internet, which they would have a hard time storing in servers that are physically installed far away from them on their premises, not near their places of work, or maybe in other countries./continents. Our company will also offer the service-oriented hardware and architecture virtualization that increased its demand in the current times.
Research Analysis
Most of the research that has been compiled in this report comes from data that has been collected from secondary sources. Also, the employees who will work for the company will be recruited from the County of Surrey to ensure that they also benefit through the establishment of Akamai-Calvin technologies. The labor market intelligence report of Surrey released in 2023 by the trade board of Surrey indicated that over the last twelve months, it was estimated that the employment rate of Surrey grew by 1.6 percent from January 2022, creating about five thousand jobs. Although the previous year, 2021-2022, had experienced a more growth rate in employment, this is also a significant increase that cannot be ignored. However, the 2021-2022 period experienced an increase of around thirteen thousand jobs which was 4.2 percent as the Covid-19 part of the 2020 recovery. Therefore, considering the number of jobs that the market had absorbed, it means that there are a lot of qualified employees within the county to the exposal.
Industry Analysis
The content delivery network and cloud services organizations are currently enjoying market opportunities because of the many problems that are arising from issues related to security. Therefore, establishing a business organization like Akamai-Calvin technologies serves as a very significant investment that pools a lot of profits from the market. The company will ensure that it provides top-notch services that its competitors in Surrey cannot provide. Some of the services that Akamai-Calvin will provide address the most critical issues in business flexibility in operations. Several medium-sized and small businesses operate, in most cases, with fluctuating bandwidths to ensure they save costs (Orchestrate, 2018). Managing such situations may be difficult due to the wavering scale-downs and ramp-ups that can deter productivity and performance. Therefore, the Calvin-Akamai techs will help these businesses that wish to embrace cloud computing to fight these issues and acquire maximum operational flexibility that saves cost while maximizing performance and productivity.
In addition, cost reduction is a problem that will be solved by Calvin-Akamai techs. Cloud-based services that the company will provide on a subscription basis, especially for businesses with limited upfront spending capital, will be ideal. The management capabilities and the seamless setup of the vendors can assist medium-sized and small businesses to save heavily on hardware infrastructure, and the core business services can be left using the cash flow (Orchestrate, 2018). Other ways that the organization will help include improving security, enhancing risk management, increasing transparency within the businesses to ensure corruption is minimized, and other cloud computing services concerned with helping the businesses achieve scale economy.
Calvin-Akamai technologies’ Competitive edge
The company will keep decisions, experiences, and apps closer to every user or business that works with it than any other outside party, and the threats and attacks are far away. The edge security portfolio of Calvin-Akamai, along with its mobile and web performance, video delivery solutions, and enterprise access, is supported by customer services that are unmatched, accompanied by analytics. The monitoring will be very outstanding and will be taking place 24/7 in a year or in 365 days. The customer experience will not be interrupted by anything else, and every customer is guaranteed that the company will optimize its services and content data.
Recommendations
- I recommend that every business that has a security-related issue in the region of Surrey, regardless of the place they are coming from, should ensure that they visit and make plans with us so that the company can provide security for its information.
- Because I believe that there are individuals who may be corrupted by our competitors and may have some form of doubts or lost trust that we serve, they should also ensure that they come and witness the way Akamai-Calvin will be doing.
- Our company will also not take long to provide content delivery networks because they are already established, and everything in Calvin will be efficiently and quickly done without many delays.
- All people will have a company that understands them, and that will even hire its employees from the local employees from areas of Surrey, which means that this company understands the meaning of supporting others, and people should act as ambassadors of the cloud services organization.
References
Ford-Jones, E. (2022, November 28). Business Problems That Can Be Solved By Moving to the Cloud. Leaseweb Blog. https://blog.leaseweb.com/2022/11/28/15-business-problems-that-can-be-solved-by-moving-to-the-cloud/
Labour Market Information. (2019). Surrey Board of Trade; Surrey Board of Trade. https://businessinsurrey.com/workforce-support/labour-market-intelligence/
Orchestrate. (2018, October 4). Five Business Problems that Cloud Computing can solve. Orchestrate Blog; Orchestrate TechSolutions, LLC. https://www.orchestrate.com/blog/five-business-problems-that-cloud-computing-can-solve/
SBT. (2019). Doing Business in Surrey. Surrey Board of Trade; Surrey Board of Trade. https://businessinsurrey.com/business/doing-business-in-surrey/
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