With E-Commerce Spreading its Tentacles, Michael Dadoun has Work Cut Out for Him?
What are some of the forceful challenges men like Michael Dadoun are facing today?
A key one among them without any doubt is to protract the growth of e-commerce.
In relation to Canada, the need of the hour is to enhance productivity by sustaining growth in e-commerce.
Canada is among the global leaders in internet use. Some data even indicates that Canada is one of the world’s largest per capita users of Facebook.
According to a news item published in Ottawa Citizen on August 14 this year, more than 19 million Canadians log on to Facebook at least once every month, and 14 million check their newsfeed every day.
Enabling mobiles to transact e-commerce is now a high priority. Even if desktop users far outnumber mobile users by a large margin, overall mobile usage has exceeded computer traffic.
For Michael Dadoun, this means market potential for e-commerce in Canada is immense.
Canadians are among the fastest adopters of smart phones. A senior executive of a wireless telecommunication company is of the view that Canada will achieve 100% smart phone penetration by 2014.
Yet, there is reason for concern.
Even though there is not enough data to benchmark Canada’s e-commerce activity with other countries, the fact remains that Canadian businesses have under invested in information and communication technology.
For Michael Dadoun of Montreal a key driver for innovation is the fact that Canada has plenty of room to improve.
Most SMEs in Canada make use of the Internet for banking and buying goods. Only a minute percent of small and medium enterprises make use of the internet to sell their products and services.
SMEs have to realize that information technology touches some aspect of every product or services moving through the economy. Without IT, a business cannot survive.
Big technologies like cloud and mobile computing, big data, and social media are all set to stride the e-commerce scene like colossuses.
Businesses must see signals from the future. Cloud computing has created a technological renaissance of sorts.
Small entrepreneurs can now access a range of services that only larger companies could afford.
All that an SME needs to have is an internet connection and a browser, and the use of software and services.
Businesses can have improved collaboration, as cloud-based programs can be accessed anytime and from anywhere. This is a convincing benefit for entrepreneurs who have remote employees.
Managing growth is easier as cloud resources are scalable, plus costs are lower because businesses need not have to spend on server maintenance and software licensing.
Under such positive environment, leaders like Michael Dadoun have to craft a roadmap for businesses that are still reluctant to adopt e-commerce.
Entrepreneurs on their part while searching for e-commerce solutions must focus on issues like cost versus value, security, and dependability.
Michael Dadoun, CEO of UpClick and co-founder of UpClick.com, has nurtured the company into one of the highest converting e-commerce platforms in the industry. Michael Dadoun of Montreal, in addition to his present stint in UpClick.com, is also serving as Principal at Solaria Fund.
A key one among them without any doubt is to protract the growth of e-commerce.
In relation to Canada, the need of the hour is to enhance productivity by sustaining growth in e-commerce.
Canada is among the global leaders in internet use. Some data even indicates that Canada is one of the world’s largest per capita users of Facebook.
According to a news item published in Ottawa Citizen on August 14 this year, more than 19 million Canadians log on to Facebook at least once every month, and 14 million check their newsfeed every day.
Enabling mobiles to transact e-commerce is now a high priority. Even if desktop users far outnumber mobile users by a large margin, overall mobile usage has exceeded computer traffic.
For Michael Dadoun, this means market potential for e-commerce in Canada is immense.
Canadians are among the fastest adopters of smart phones. A senior executive of a wireless telecommunication company is of the view that Canada will achieve 100% smart phone penetration by 2014.
Yet, there is reason for concern.
Even though there is not enough data to benchmark Canada’s e-commerce activity with other countries, the fact remains that Canadian businesses have under invested in information and communication technology.
For Michael Dadoun of Montreal a key driver for innovation is the fact that Canada has plenty of room to improve.
Most SMEs in Canada make use of the Internet for banking and buying goods. Only a minute percent of small and medium enterprises make use of the internet to sell their products and services.
SMEs have to realize that information technology touches some aspect of every product or services moving through the economy. Without IT, a business cannot survive.
Big technologies like cloud and mobile computing, big data, and social media are all set to stride the e-commerce scene like colossuses.
Businesses must see signals from the future. Cloud computing has created a technological renaissance of sorts.
Small entrepreneurs can now access a range of services that only larger companies could afford.
All that an SME needs to have is an internet connection and a browser, and the use of software and services.
Businesses can have improved collaboration, as cloud-based programs can be accessed anytime and from anywhere. This is a convincing benefit for entrepreneurs who have remote employees.
Managing growth is easier as cloud resources are scalable, plus costs are lower because businesses need not have to spend on server maintenance and software licensing.
Under such positive environment, leaders like Michael Dadoun have to craft a roadmap for businesses that are still reluctant to adopt e-commerce.
Entrepreneurs on their part while searching for e-commerce solutions must focus on issues like cost versus value, security, and dependability.
Michael Dadoun, CEO of UpClick and co-founder of UpClick.com, has nurtured the company into one of the highest converting e-commerce platforms in the industry. Michael Dadoun of Montreal, in addition to his present stint in UpClick.com, is also serving as Principal at Solaria Fund.
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