2015, we took a few major steps to boost our ongoing transformation, building its momentum, and always making sure that all is in good shape.
First, we hired. We tripled our R&D workforce. Until one day in September, I suddenly realized that we were no longer in the SME category that entitled us to enjoy some government benefits for the SMEs.
Second, we outsourced. The tripling of our R&D staff force still fails to meet our aggressive schedule. We are so determined to launch another six cloud applications from the existing two by the end of 2016. This explains why we hunt for more top minds; and our perseverance on better user experience suggests even more. So, the hunt is still on.
Third, we showcased. From joining security tradeshows, we started taking part in cloud IT and HR events to present our new cloud products. Polarized views were received. We often heard visitors’ from the security exhibitions commented, Wow. Two dollars per person per month; that’s expensive! On the other hand, people from IT and HR industries reacted, USD24 per annum per employee? Its peanuts. When the trend is right, you can never go wrong.
Fourth, we fine-tuned. It’s imperative that our internal system be more adaptive to the cloud environment. Without a lightweight organization structure, it would be too clumsy to float on the cloud. And, to ease the management when R&D swells, we adopted the CMMI standard, which is now at the final stage of certification.
Fifth, we strategized. We have laid our marketing foundation for resellers to market our cloud applications effortlessly with higher benefits and RWI (Return Without Investment). All they need to do is to start selling.
Sixth, we reinvent. FingerTec is already a 15-year old brand that we built from scratch to reach that global level and now we are building another brand name, proudly named TimeTec. The implications? We are moving from hardware to Software as a Service (SaaS); from sale to subscription; from one-time off to recurring income; from biometric to beyond biometrics.
All in all, the transformation is alive and kicking; it’s never too late to jump on our magical cloud wagon for the journey into the future. Our whistle is blowing loud and clear.