Month: April 2015

When it comes to getting your tech startup off the ground, one of the most important aspects will be getting funding. While the idea you have is crucial, if you don't have the money to develop it, your ambitions will not add up to very much.

Having the right funding can really separate the startups that do well from those that falter. If you are currently trying to come up with the capital to get your company running, there are certain guidelines you should follow to realize success.

Here are a few tips to help you out:

• Enter a contest: While this might not be the most efficient way to get money, it certainly never hurts to try! There are tons of different contests out there for all kinds of industries, so find one that caters to your business. You never know what could end up happening, or money you could win, or which investors might be taking note. 
• Have employees invest: People will be more interested and involved in the success of the company if they have money on the line. Asking your top management to invest is a great way to raise money while also creating incentives for fast growth.
• Take out a loan: Of course, the most common way to get money for your company is to go to the bank for a loan. Just make sure that your finances and credit are in order before going this route.

If you are in the process of creating your own tech startup and are in need of custom database software, be sure to work with KYO Logic today! Take a look at the rest of our website to learn more about all of the different products and services that we offer to our clients.

When you work in the IT world, it is important for you to protect all of your sensitive data. Just as you would at home, you need to take the necessary steps to avoid any cyberattacks or potential hacking from those outside of your company.

The good news is that there are plenty of ways for you to keep your business secure. As long as you are always diligent when working online, you will not risk losing what you want to keep private and protected.

Here are a few tips to help you keep your company safe:

• Be wary of suspicious emails: Everybody gets those emails that they know can cause their computers harm. If you get one of those suspicious messages while at work, be sure to delete it without opening it and risking your entire company's system.
• Keep your WiFi locked: As long as people cannot access your WiFi, it will make it much harder to harm your company or steal information. Be sure to only give the password out to people who work at the company and can be trusted with it.
• Update computer software: The best way you can keep your computer secure is by making sure that the software is up-to-date. If the programs are old, there will be holes in the security that hackers will be able to exploit.

If you are looking to create your own tech startup and are in need of new custom database software, be sure to work with KYO Logic today. Check out the rest of our website to learn more about the different products and services that we offer.

While a recent report from the federal government said that the state of Massachusetts' tech industry is healthy, that is not how some see it in the wake of the state's lack of public IPOs. Initial public offerings have to do with the price of stocks when a private company is made public and anybody can become an investor in the organization.

According to the researchers at Renaissance Capital, a firm that researchers IPOs for all different kinds of industries across the country, there have been zero tech IPOs in the state of Massachusetts so far this year. That is down sharply from the one that was made available in the first three months of last year.

The researchers at Renaissance Capital say that trend is likely to continue throughout 2015, although it is not a problem that is affecting solely Massachusetts. According to the group, tech IPOs are down across the entire country, as more and more companies are opting to stay private and not go public.

"I expect there will be fewer IPOs this year," said Matt Kennedy, an analyst at Renaissance. "But that's true of the IPO market as a whole."

Experts in the tech industry say that the lack of IPOs is the dearth of private funding at high valuations. In other words, because these privately-held companies can get their money from investors, they do not need the influx of capital that would become available should they go public. The volatile currency markets also have an influence over a company's ultimate decision.

If you are looking to create your own tech startup and are in need of new custom database software, be sure to work with KYO Logic today.