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How Taxi Dispatch Software Can Help Entrepreneurs Who Want to Venture into the Taxi Industry?

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Till some years back, people used to wave on the roads for a taxi. They intimate about the destination to the driver, enter the cab and once they reach the destination, they pay the driver with cash. This is the traditional way of how a taxi business operates.  

People faced a lot of inconvenience in the above model. Then came the model of taxi dispatch system, where the riders have to call the taxi dispatch center to book a taxi. This model was a huge hit and many entrepreneurs started to replicate this system across the globe.

In 2009, a new entrant named Uber introduced the on-demand taxi booking market, where the users can book a cab with a tap on their smartphone. They leveraged the widespread reach of smartphones and internet reach. Following Uber, many other firms like Ola, Lyft, Didi followed the on-demand taxi business model. This took a heavy toll on the existing taxi dispatch model.

Nevertheless, I think the time has come for the taxi dispatch model to regain its lost stature. You may think about how taxi dispatch companies can compete with the giants like Uber, Lyft etc. The answer lies in the controversies surrounding the on-demand cab handling companies.

From the self-employment debate to the rider safety, there are numbers of ongoing controversies in the on-demand taxi business. No need to mention the heavy criticism from the traditional taxi firms, who have been offering cab services at lower prices. A huge number of public resentment is also growing on against Uber. So it seems like now is the right opportunity to take back your market share.

There is also a misconception that the taxi dispatch model is running on technology that is no longer relevant. This is not true because of the development of taxi dispatch software solutions you can give your customers the ease of technology to leverage your taxi booking services.

Why taxi dispatch system is better?

Better ROI

There is seen a constant increase in the total volume of taxi trips with the advent of taxi booking mobile apps. This results in more passengers, higher ROI and increased revenue for the taxi owners.

Operational Efficiency

Managing a taxi fleet is not easy where high competition, customer safety, and reliability are the challenging factors. An advanced fleet management system with real-time updates, reports, and tracking can facilitate the overall efficiency and effectiveness of the dispatch process.

Perfect vehicle management

While using a taxi dispatch solution can systematize the operations, it also gives room for easy handling of all vehicles. Now, with the GPS facility, it has become easy to ensure the safety of the vehicles.

Manual booking

Users can book a taxi manually without even using a smartphone

  • Dispatch bookings received over a phone call.
  • Un-assign a driver and assign booking to another driver.
  • In the case of auto-dispatch failure, the booking can be managed by the central dispatcher.

Improved Quality of Service (QoS)

With the Taxi Dispatch Software, you can improve the quality of taxi service that you offer. Passengers will save their precious time by booking online and also they can pay online through e-wallet/digital payments.

For entrepreneurs

Uber and Ola like the on-demand model is a huge hit especially in tier-1 and metropolitan cities. Leaving that aside, in tier-2,3 cities, people rely less on smartphones. Which implies that people still rely heavily on non-smartphones for any services. So, the potential for taxi dispatch companies is huge in these cities.

Entrepreneurs from these areas can get benefitted from this. Right now, the only way Uber can maintain high service levels at the low rates they charge riders is by subsidizing the drivers with huge and costly incentives. I don’t think it can sustain for too long.

Uber’s business model requires constant cash infusions from investors. Uber is simply not profitable and may never be profitable. It is up to the innovative and creative entrepreneurs to take the taxi dispatch business at the right time.

 

SpotnRides is an award-winning taxi app development company in the market. We partner with on-demand taxi startups to develop taxi booking apps with powerful languages and well made designs. Apart from developing the app, we also extend long term support for the solution so that the taxi startup is launched successfully and functions smoothly.

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Four-fold jump in LPG consumption but industry faces challenges in Bangladesh

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Four-fold jump in LPG consumption but industry faces challenges in Bangladesh

A relatively new industry segment in Bangladesh, LPG is setting new frontiers of growth as the nation has stepped up its energy requirements – making the LPG demand grow exponentially. To encourage the use of LPG, government has favorable policies in place. Market insiders says, due to increased use in households, commercial entities and vehicles, the country has seen a four-fold jump over the past three years in LPG consumption.

Though introduced by the state-owned Bangladesh Petroleum Company (BPC) back in 1978, LPG has only gained prominence after 2008. According to the annual report of the Energy and Mineral Resources Division (EMRD) of 2018-19, till last year, the number of LPG consumers was 38 lakh against 2.5 lakh in the year 2009. Owing to increased LPG consumption in Bangladesh, the number of such companies has increased rapidly.

While the use of LPG is growing exponentially, the most recent emphasis has been to handle the flammable product safely. Amidst rising safety concerns, companies are bringing in innovative methods to enhance the safety levels of cylinders. For instance, Beximco Group, co-founded by Salman F Rahman has introduced the composite fiberglass cylinder which is a Type 2 or 3 cylinder, through its Beximco LPG unit – making the LPG cylinders more viable in the Bangladeshi market. The safety tenet also appeals to the rural diaspora, where people still rely on wood fuel.

Salman F Rahman also serves as the Private Industry and Investment advisor to Prime Minister Sheikh Hasina – which might bring the household energy aspect more prominent in the plans of the government in the future.

M Muntasir Alam, Chief Commercial Officer of Beximco LPG, informs, Steel cylinders are very hard and the gas pressure is always very high. Exposing them to extreme heat of the kitchen can lead to expansion of the gas inside the cylinders, making it highly flammable.

Salman F Rahman, MP from Dhaka-1 Constituency, who has already been working towards the installation of renewable energy grid in the country recently cited “We are self-sufficient in food, developing our electricity sector and our population growth is also under control.”

Furthermore, awareness sessions hosted by Ministry of Power, Energy and Mineral Resources have been centered on enhancing the existing facilities in the country- accessing all the risk factors associated with it.

Factoring in the existing safe and convenient energy solutions, Bangladeshi companies Beximco, Omera could expand their reach in Bangladesh and present export options – not unlike the recent export contract with India. As their capacity is hugely under-utilized, more such exports can help them become commercially more viable in the long run, only if they access risk factors well.

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Learn About the Importance of Home Electrical Distribution Box

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Electrical Distribution Box

Electrical power is foremost as it is comparatively much cooler to communicate and allocate than other forms of energy such as mechanical. Imagine transmitting mechanical energy to just 30 feet of distance. Everybody have noticed that the electrical energy is produced in creating places and how it is spread at longer distances from transmission systems. Now, let’s see how electrical power is dispersed to the customers. A distribution board, which is even called as breaker panel as well as electric panel or panel board, is a constituent of an electricity supply system that splits an electrical power feed into lesser circuits, while offering a protective circuit and fuse breaker for each circuit in a mutual enclosure.

A lot of individuals are not aware that power outpours occurs normally each day when the electrical network goes away where the home electrical distribution is attached. Many a times these fleeting power points are invisible and not a danger, though there are times when such power and spikes surges are much for a household electrical system to endure and huge damage takes place to appliances, electronics as well as even heating and air conditioning methods.

The simplest method to defend in contradiction of these terribly monetary blow is to connect or get a qualified electrician a whole house surge suppression unit. This unit is installed at the service load center at the entrance of the home and essentially either it takes the controls surge or readdresses it to ground therefore stopping any additional injury.

The mainstream of persons believe that a point of use surge strip is adequate to protect electronics, computers, and home entertainment midpoints and so on. However in realism it is not enough for few of the power surges. Installing a whole house surge suppression unit in conjunction with point of use surge strips is good for peace of mind in knowing your home and everything within is protected. . For optimal performance with this board, you will have to get a professional electrical distribution box India that brings good quality electrical work on a regular basis.

Let’s know the significance of Electrical Distribution Board in a Building

An electrical distribution board is a vital part of an electrical installation in any part of the building. Its determination is to allocate the power supply consistently all over the structure by the method of various circuits. The power that comes in has to be measured in this method to stop any overloads from happening. Specialists connect the distribution board at the point where the foremost power feed comes inside the building and feed lines off the numerous circuits to offer electricity to many feasting points inside the building.

  • Basic Formation of an Electrical Distribution Board

The standard configuration for this kind of board is one main breaker to show off the whole electrical offer with multiple mini-circuit breakers that management specific areas of the building. The most feeds the opposite breakers their specific voltage of electricity to send to their assigned places, machinery or appliances. Intensive cabling is important for all the circuits to hold out their tasks.

  • Other Relevant Mechanisms in Electrical Distribution Boards

Electrical distribution boards has got an unusual circuit breaker, which is the major part of such board panels. It has the chief function that contains splitting the entire quantity of electrical power whether it is single or may be three phase and allocating it to a guaranteed amount of less circuit breakers. Every mini breakers are associated to a precise cable that gives a person power outlet, light circuit and machine point. Such cables are even implanted in the delivery board, nonetheless they are situated on the conflicting side of the chief feeding cable.

  • Electrical Distribution Boards Are Customizable

Each electrical distribution board is customizable to suit the needs of the commercial property owner. The technical and structural characteristics of the electrical distribution boards might differ each building has contradictory electrical load necessities to perform their day-to-day operations. Often, they are even local regulations as to how these boards are arranged and connected.

  • Electrical Distribution Board Delivers Electricity in the Right Voltage

The significance of safeguarding that your electrical distribution board is arranged and connected appropriately must not be undervalued. Its major role is to allocate the electricity in the correct portions to every place of the building that needs to be safe, well-organized method. When there is no board, you might have continuous shorts and overloads that could give electrically caused fires and blackouts in simple cases. For best performance and high level of competence and safety in your commercial or residential building, assure yourself to consult a dependable and best specialized installer of any company for connecting any electrical methods.

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5 Huge Advantages of Choosing a Large Courier Service Company for Your Business

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woman-in-grey-shirt-holding-brown-cardboard-box

With the onslaught on inbound information targeting every customer, it takes 21 reinforcements. With no geographic boundaries and overnight shipping, every company that does what your business delivers is a competitor.

A brand separates your company from its competitors. It is what your prospects and customers think and feel when they come in contact with your business. Most prospects will turn this off if they do not have the need the service right now. What the potential customer wants is value to solve problems they face every day.

Before the Internet, experts said that a potential customer needed 7 reinforcements of a brand until they remembered that company. Now, with the onslaught on inbound information targeting every customer, it takes 21 reinforcements.Your company can highlight its brand by sending or mailing something of value to the prospect every month.

For example –

  • Congratulate them on something or follow up on a significant event that you know about what they just experienced. This will show that the prospect you are interested in them.
  • Are they moving to a specific trade conference? This will help connect in person.
  • Point out a recent article, tool, or book that was valuable to you. This will show you are knowledgeable, and they can count on you for expert information.
  • Identify a resource or make a connection for them. This will show that you want to help their business beyond just selling your products.

Just hearing the names of big courier service companies often erases the doubts that you may have when it comes to the delivery of a very important document or product. If you have a business that requires frequent inbound and outbound shipments, you would most likely choose a large company over one that has no proven track record yet. I’m listing out some of the primary profits that you can get when working with a large and established courier service company.

They have established a reputation.

A business that has grown in size simply means one thing – customers are happy with their services. Satisfied customers will normally keep coming back for more. So if a courier service company is large with branches across the globe, it only goes to show that people trust them. Most likely, dealing with these large companies will also give you the same satisfaction that the other customers experienced.

Tracking the status of your shipment is easier.

Generally speaking, big shipping companies can afford to pay talented IT personnel who can develop programs and systems that will allow fast and easy tracking of items they are handling. So if you want to be able to track each and every order and delivery, this can be possible if you hire the services of a big company with a reliable tracking system that is accessible even through the internet.

Large companies have flexible systems and procedures to cater to the different needs of their clients.

With ample years of experience, large providers in this kind of service niche have formed a rule that is flexible enough to feed to the specific needs of their clients. Working with a new or smaller company would be another story since they are still in the process of developing their systems. Chances are some of the needs of your business that may not be answered satisfactorily.

Big companies have access to a wider network.

The majority of big companies have branches in many different countries all over the globe. With a wider network, you can easily get your products or important business papers to where you want them to be. This will give your business an appended position because your business transactions will have a minor chance of confronting delays.

Large courier services generally have a competitive pricing scheme.

Marketing departments of these large companies are responsible for developing a strategic pricing plan that will encourage more clients to choose them over their rivals. You can observe that most, if not, all of their services are offered at reasonable prices and with a high level of quality. Customer satisfaction and retention are always the primary concerns of a large organization. One, they have a name to uphold, and second, they want to run a profitable business. This will only happen if they have a steady stream of customers coming in their doors.

Courier services have become more and more important in the life of businesses, whether big or small, online or traditional. Your business also has a better chance to flourish with the help of a reliable courier service. For this reason and a lot more, you need to choose wisely when looking for a company to handle your business transactions. If you choose large courier service companies like Goodales Pallet Couriers with a good reputation in the industry, there is no doubt that you will face lesser worries and have more stress-free business operations.

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How Leaders and Managers Can Reduce Stress in the Workplace

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Workplace

Stress causes US businesses to suffer losses of $300 billion annually.

It is not any surprise that workplace stress is a leading cause of emotional and physical health issues.

A healthy employee, fit in mind and body, is a better employee, which translates to a more profitable outcome in every way.

The reasons are usual and have existed for decades.

  • Performance and anxiety about targets
  • Long commutes
  • The boredom that comes with underemployment of skills
  • Harassment and bullying
  • Downsizing and fear of layoffs
  • Lack of promotion
  • Lack of rapport with colleagues
  • Real or perceived lack of recognition coupled with low pay

However, very little is usually done to accept that there is indeed a problem and that the issue of workplace stress has to be addressed.

An entrepreneur has the responsibility of mitigating the causes of workplace stress as far as possible. It is not an easy task, but it is not impossible either.

What is primarily needed is a change in mindset and to view the business as not only a profit-generating entity but one that cares for the wellness of its employees and the society at large also. Of course, this view goes entirely against the top and bottom line-driven business model that has come to exist.

But entrepreneurs can bring massive disruption and change the system as no one else in modern society can.

So what can you as an entrepreneur do to lessen the stress your employees feel? We take a look.

Make wellness a priority –

Physical activity leads to the release of endorphins. Endorphins are feel-good neurotransmitters that cause the well-known “runner’s high.”

As little as 10 minutes of physical activity can have beneficial effects.

How to make your employees get more physical activity?

  1. Encourage them to go on a walk or jog at lunchtime. If possible, sponsor their gym memberships.
  2. Buy them fitness trackers and have them upload the data. Those employees who walk 10000 steps a day can be given gifts to recognize their effort. A power bank or portable smoothie blender with an inspirational motto printed by a customized label design partner such iCustomLabel as is perfect. You can create a personalized label or stickers with some text for your employees.
  3. Remove sugary snacks from the office and substitute it with fresh fruits and oatmeal bars.
  4. Encourage your employees to limit their intake of caffeine to no more than 2-3 times daily.
  5. Have a yoga and meditation teacher train those who want to learn once weekly at the office. Meditation is a proven stress-buster, but there is an initial skepticism that is hard to overcome.

Have flexible working hours –

This might seem to be more challenging to implement, but with the enormous advances in technology, there is no reason why employees cannot, at times, work from home.

Cisco Webex and GoToMeeting have been around for well over a decade.

Google Duo and Facetime provide perfect multi-party video calling.

Most of the work that employees do is done on cloud-based software like Zoho, Google Docs, and Office 365.

Also, it is a good idea to have a “no-meeting” day. With everyone always collaborating through email, Skype, WhatsApp, the traditional meeting has become slightly irrelevant.

Worrying about getting through the remaining workload by the end of the day while a colleague rambles on about some arcane point adds to stress.

Show your gratefulness –

There are a couple of ways to do it – with your checkbook and your demeanor.

As the boss, your behavior and bearing are of far more important than you think. Are you stressed? Is it showing? Then have no doubt that your employees are stressed too. After all, their existence from rent to savings is linked to you.

To reduce their stress, you have to work at reducing your stress. Yes, there have been famed entrepreneurs who were incredibly boorish. We are talking of Jobs and his famed temper.

But that was accompanied by his brilliance and charisma, which to no small degree, drove Apple to become a household name.

Be kind to your employees. Be grateful to them.

Kind words and celebratory plaques work up to a point, but it is essential to have a transparent monetary reward system in place.

The difficulty is not so much in awarding a pecuniary benefit but making the process transparent beyond all doubt. That, someone, received a bonus, and others did not should never lead to rancor and more stress!

One of the ways to approach this is to make broad performance metrics available le to all employees once every six months.

Provide counseling –

Too many companies provide psychotherapy for more motivation and productivity and not for stress.

However, recent advancements in Cognitive Behavior Therapy have shown that it is possible to relieve stress at the workplace through dialogue.

Originally designed to help suicidal people cope, it has now evolved into a technique of teaching non-judgemental acceptance and observation of the world around us.

Needless to say, being able to accept the flow is one of the best ways to cope with the constant change at startups.

Focus on teams –

An easy way to lower stress is to put the blame on a team (if such guilt has to be allotted) rather than upon an individual.

For centuries this is how armies have coped. Success and failure are shared from a platoon to a division. That is how soldiers have been able to survive unimaginable stress – shared blame and shame.

You could also do the same and ensure that no one individual ever gets to be blamed.

Conclusion

Workplace stress is real. Those who are sitting in the corner office often forget what it is like to be down in the trenches.

Empathy can play a significant role in alleviating stress. You have to be creative about how you tailor and adapt the advice above into your organization.

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8 Best Business Intelligence(BI) Trends to follow in 2020

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8 Best Business Intelligence(BI) Trends to follow in 2020

Over the past decade, technology has transformed our lives in many ways. One prominent factor in this transformation has been the increased adoption of business intelligence (BI). From analyzing mobile usage patterns, shopping trends, and market dynamics, to the further development of e-commerce, the insights generated by BI have indeed opened new pathways for businesses.

With constant innovation of new technologies, 2019 was disruptive for BI. Evolutions in data science, machine learning, artificial intelligence, and the Industrial Internet of Things (IoT) have become synergized with BI to produce more powerful analytics, insights, and predictions than ever.

As a new decade dawns upon us, let’s take a look at how these BI technologies will continue to trend in 2020, and for what we should be prepared to see.

Trend #1: Data Quality Management

Data quality management (commonly abbreviated as (DQM) is a strategy and structure designed to improve data quality to achieve business outcomes.

How is it trending?

DQM is all about how a business acquires & manages high-quality data to implement towards business health and growth. More and more data quality applications are shifting from back-office functions like database cleanup to more strategic, revenue-generating practices.

Findings from a survey conducted by the Business Application Research Center indicate that the focus on data quality management will be the leading BI trend in 2020.

Trend #2: Data Visualization

Data visualization is a way to help make sense of data and information through visual representation in relevant charts, graphs, maps, plots, etc.

How is it trending?

Scrambling to glean insights from their data to prepare for business growth has long been a struggle for many organizations.

Data visualization makes it easier for business decision-makers to grasp difficult concepts or decipher new patterns from their data. The use of circle visualizations, steam graphs, and bar graphs are on the rise, and this trend is expected to continue in 2020.

Trend #3: Data-Driven Culture

Data driven culture means enabling users at all levels of operations with insights that empower them to make informed decisions. Organizations are taking up digital transformation initiatives to bring analytics to the core of their everyday operations.

How is it trending?

Companies will continue to reinforce data-driven operations. They will focus on

about adopting technologies and mechanisms to collate data, analyze it, and make the insights available at all levels of operations.

Trend #4: Data Governance

Data governance means managing the availability, usability, integrity, and security of enterprise data. With the growing need of becoming data-driven, organizations will also continue to invest in data governance.

How is it trending?

As the volume of enterprise data grows, data professionals are moving towards the utilization of automated agents to help aggregate and curate so much information. In some cases, robotic process automation (RPA) is proving to be a valuable tool for enhancing and improving data governance.

Businesses are finding value in incorporating autonomous master data management (MDM) solutions, which can now be implemented far more quickly and efficiently than in years past.

Trend #5: Self-Service BI

Self-service BI is about taking advantage of a data analytics application that enables even non-technical users to access and break down corporate data.

How is it trending?

Self-service BI has been trending for some time, and we’re now at a tipping point where the analytics output of business users with self-service capabilities is surpassing the output of “professional” data scientists.

Self-service BI will continue to help businesses become more agile in 2020. It will open up more possibilities for analytics that are driven by individuals who hold a more comprehensive range of non-technical roles within their organizations.

Trend #6: Real-Time Analytics

Real-time analytics is the instantaneous analysis of data as soon as it becomes available. Users can gain insights or conclude data almost immediately.

How is it trending?

Advent of IOT, omni channel sales and newer technologies requires enterprises to be able to analyze data as soon as it gets created. Real-time analytics will continue to be in string demand, especially in the manufacturing, data center and security surveillance domains.

Trend #7: Machine Learning Driven Analytics

Machine learning is based on systems being taught to learn and adapt on their own, correlate patterns in data to bring out deeper insights.

How is it trending?

Machine learning is will play a vital role in analytics by enabling users to analyze vast, unstructured data, identify patterns and bring out insights and predictions. The focus will be on making machine learning driven analytics a part of everyday operations so that business users can get real time predictions on their everyday tasks.

Trend #8: Embedded BI and Analytics

Embedded BI is about integrating the power of business intelligence for data analytics within native applications that businesses are already using.

How is it trending?

Enterprises are now focusing on unifying the technology experience for their users. Instead of switching between multiple applications, the preference is to have everything in one screen, and this is where embedded analytics will play a crucial role. With embedded BI, business users will be able to access insights on their data within their applications. They would neither need to shift data or switch applications. This will not only expedite the speed of operations, but also improve efficiency and accuracy of operations.

Conclusion:

2020 will be an exciting year for BI. Innovations that started seeding in 2019, will become a part of real-world operations and will render more power to the business users.

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