© 2012 Ideal Analytics Limited. Small & Medium Enterprise
© 2012 Ideal Analytics Limited. 2 SME - the growth engine of any economy The numerousness of small & medium individual firms catapult the economy with - Number of employment and socially necessary work hours it generates. Optimization of cost-benefit for individual firms through best marketing positioning. Sharing of factor inputs and placing the products thereby minimizing risk and maximizing return within a space. Networking with other firms through vertical and horizontal integration of resources and market. Clustering makes the availability of resources and accessibility of factor input easy and ready. Creating multi-linkage relationship with other clusters of service and industries. Creating an immediate market node & good supply chain node.
© 2012 Ideal Analytics Limited. 3 SME - the cooperative asserts The limitation of scale for individual firms is supplemented by the co-operative functioning of cluster. The sense of camaraderie in sharing factor input and yet a co- operative competition posits more import to the development of the cluster as the yardstick of individual development. The employment of the work-force is assured within the cluster.
© 2012 Ideal Analytics Limited. 4 SME - The SCB directs the CB metric The outstanding feature of this industry is that the cost-benefit metric of individual companies is determined by the social-cost- benefit metric of the cluster, unlike other industries. The market parameters are willingly shared in the proportion of the contribution of individual firms.
© 2012 Ideal Analytics Limited. 5 SME - The interested agents Besides the individual firms the agents that are interested in the development of an SME cluster - Bankers and investors who see the cluster as one unit Wholesalers & retailers who come to the cluster to buy Vendors who supply factor input, labour etc. again see the cluster as one unit All of them come to the cluster and the cost of transportation is reduced due to nodes and warehouses – the proximity factor becomes a commodity and parameter as well.
© 2012 Ideal Analytics Limited. 6 SME - Technology and resources can be shared Use of technology, tools, resources even labour, service artefacts all can be shared by the individual firms in the cluster. Time sharing of tools help reduce the need of capital investment as can be substituted by marginal variable cost supported by the operational cost. All ancillary cost can therefore be shared.
© 2012 Ideal Analytics Limited. 7 SME - opportunity of cloud implementation Software tools, applications can be implemented centrally in “cloud” and the data and results can be owned with full security without owning the entire application but paying for a license fees and data access mechanism. All complexities can be put on to technology implementer one-time and later use them on-demand, on-need without sacrificing security and authenticity and currency of data
© 2012 Ideal Analytics Limited. 8 Ideal-Analytics - special data-analytic tool redefining BI High mathematics for a humble firm! All complexities are taken care of and hidden from the user. The user has a façade of very simple, intuitive tool for her use and still gets the benefit of the best of the mathematical solution. Slick&Smart, small&elegant, easy¤t, affordable&personalized, general&specific methods for SMEs! Appropriateness matched!
© 2012 Ideal Analytics Limited. Thank you