Technology is not only fueling major business transformation across industries, it’s also altering how tech companies sell their products and services, operate, and plan for future growth. Technology is the foundation of the digital economy. How quickly things change and the amount of disruption conducted by modern technology are exponential. Advancements in computer processing power, data storage, and chip design; the ubiquity of bandwidth; enterprise mobility; as well as an abundance of other developments that have surfaced in recent years are enabling countless opportunities that were once not achievable, both technologically and economically.
Currently, we have reached the point where intellectual computing, major data analytics, cloud computing, and the rapidly expanding Internet of Things are changing businesses around the world—as well as other businesses outside the technology sector. We are also witnessing promising advancements in materials, software, fabrication techniques and machine design that are likely to lead to a growth in enterprise applications for additive manufacturing. Meanwhile, in the technology industry itself, enterprises are creating a format for the next economy rising from today’s disruptive and unprecedented change.
Currently, we are watching the start tech companies beginning to think with a more efficient strategic approach about adapting their business models and operations, and developing new revenue opportunities similar to that of Netflix, Inc. (NASDAQ:NFLX). Companies throughout all of the IT service landscape are altering how they deliver their services, moving toward more flexible consumption business models that provide customers the freedom to consume and pay for products and services based on what they need and how they use it. Technology companies thinking about taking this road which has the possibility to create real value for businesses and customers who need to use their minds more strategically about how flexible consumption can create future growth. Prior to evolving their business models, tech companies also must be prepared to manage near-term transition costs, which could be significant, and ensure that there is alignment and integration of key decisions.
Luckily for Agora Holdings Inc (OTCMKTS:AGHI) they are a company who services early-stage, high-potential companies, and technologies through their subsidiary company Geegle media which has developed video software for web TV. Geegle media is working on the release of projects such as Lobby TV., 1000 Salads and, TV Realty. AGHI was established in 2010. Most of the Agora Holdings Inc (OTCMKTS:AGHI)’s business activity is software development and media applications. In recent news Agora Holdings will begin posting audited financial statements as well as periodic documented updates to their file on the OTC exchange. Pursuant to the engagement, BF Borgers will finish audits under PCAOB and US GAAP Auditing standards. Signing the engagement letter reflects a crucial step for Agora Holdings in becoming a fully reporting company. Agora’s leadership team is under the assumption that engaging with BF Borgers will improve the company’s procedures as well as their ability to make the proper decisions….