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  • Business Development,  Managed Services,  Strategy

    The future of managed services

    Introduction In our last article (https://www.linkedin.com/pulse/outsource-managed-service-anthony-king) we outlined the differences between outsourcing and managed services and concluded that they have converged to so much that are now essentially the same thing. We also highlighted the tremendous growth opportunity in the mid-market. In this article we are going to take a closer look at that opportunity and to provide some notes for…

  • News

    Website upgrade

    On 24th September at 14:16 hours we applied around 20 updates to the website platform, including an analytics upgrade which required a very brief outage, just 5 seconds in total! This is largely down to our decision earlier this year to upgrade the entire website platform to WordPress and our very skilled in-house web engineer!

  • Business Development,  Managed Services,  Strategy

    Outsource or Managed Service?

    Introduction In recent years the differences between outsourcing and managed services have become much more difficult to resolve as IT service providers have progressively offered more sophisticated, and a broader ranges of services, to meet new client demand, technology developments and to compete more effectively for new business. In this article we take a look at these two approaches to…

  • Investment

    Choosing the right VC firm is key to your success!

    Introduction In recent years there have been some incredible success stories for start-ups that have had an accelerated growth into very large and profitable businesses, including Snapchat, Uber, Whatsapp. Even well known global businesses such as Facebook, LinkedIn, Box and Dropbox are still relatively new! The vision and skills of the entrepreneurs that created and built them are both celebrated…

  • News

    Korolit New Office & Phone System

    Offices In July 2015 we established a separate Registered and Head Office for Korolit. The new Registered Office in Bedford reflects our company’s recent move to Thompson & Co Chartered Accountants (www.thompson-accountancy.co.uk). The change makes it easier for us to manage our internal back-office systems and deal with both HMRC and Companies House communications. The existing Head Office will remain in London, and…

  • Communication

    Website Analytics – July 2014 & July 2015

    We regularly take a look at the Korolit ‘on-line’ audience to understand and adapt our presentation. A key change at the start of this year was to integrate the website and blog and provide a more detailed breakdown of our services. This month we compared a ‘snapshot’ of July 2014 to July 2015 and discovered a few interesting things about…

  • Business Development,  Strategy

    A Nation of Shopkeepers!

    Introduction Since 2000 the rate of growth of Small and Mid-sized Enterprises (SME’s) in the UK has been both dramatic and sustained. There were over 5.2 million SME’s at the start of 2014, the first time the business population had exceeded 5 million! SME’s underpin the UK economy by employing over 15 million people, which equates to 48% (12.1 million)…

  • Communication

    Korolit Social Media Analytics – June 2015

    On Fridays we often share an update from our on-line analytics. This one is a bit larger than usual to reflect the work being progressed hence it appears as a LinkedIn post here, and as a ‘Communication’ on the Korolit website. Last night our active audience for https://korolit.com pushed passed 100 countries in over 60 languages. 91% of these are new visitors,…

  • Business Development,  Managed Services,  Strategy

    A BIG Opportunity!

    Introduction The global managed services market is expected to grow from $107.17 billion last year to $193.34 billion by 2019 at an estimated CAGR of 12.5%. This growth rate is largely being driven by advancements in cloud computing, big data and mobility services. These new ‘outsourced’ services are enabling organizations to bring in competences they previously lacked, reduce recurring in-house…

  • Investment

    A Good Time To Invest?

    Introduction According to the Enterprise Research Centre small businesses in the UK are growing at their fastest rate in seven years with the UK’s population of small and medium-sized enterprises (SMEs) growing at its fastest rate of growth since the financial crisis in 2008. Since the financial and economic crisis in 2008, around 13 million jobs were lost in the…

  • Investment

    Choosing the right investor for your business

    Introduction The ‘Prequin Global Private Equity & Venture Capital Report’ recorded that last year 994 Private Equity funds managed an estimated $3.8 trillion of corporate assets, with another $1.2 trillion of ‘Dry Powder’ waiting to be spent! It also highlighted that 2014 saw over $400 billion invested and over $500 billion of successful exits. That’s up from previous years. If you…

  • Business Development,  Strategy

    Survive, Thrive, Survive and Nosedive

    Introduction Many new businesses build a financial forecast that shows a steady rate of growth after their initial launch date. In the IT sector these predicted growth rates for application start-ups are often much more aggressive to reflect the viral nature of the market that companies such as Facebook, Dropbox and Uber operate in. This is often referred to as…

  • Business Development,  Investment,  Strategy

    Will my business be the next Unicorn?

    Introduction The IT market has spawned some hugely successful businesses such as Facebook, Uber, Snapchat, and LinkedIn. With the memory of the last recession now fast fading IT is once again centre stage with investors keen to find the next success story. There are more start-ups being launched every year and more investment being made available. Company valuations are also…

  • Communication

    Apr-May 2015 – Social Media Statistics

    Probably a good time to share a few statistics on our Social Media channels as we’re now over a month on from our website and blog integration. Looking at the Google Analytics report 93% of Korolit website and blog visitors are viewing it for the first time compared to 44% a year ago. Interestingly a 96% are still logging on…

  • Investment

    Time to sell/invest

    Introduction Perhaps you have spent the last few years working hard to build your business and are now looking to sell it to relax and spend some quality time with the family. Alternatively you might be looking to attract some investment to support an expansion, acquisition or diversification. Whatever the reason you will need to determine the present and projected…

  • Business Development,  Strategy

    Building your Board Team

      Introduction For any team event in sports the selection of people to work together is absolutely critical and the same applies in business when you start a new venture. Get it right and you will have a much better chance of a success and funding, get it wrong and you will really struggle regardless of how great the business…

  • Communication

    Nepal Earthquake Donations

    The earthquake that struck central Nepal between the capital, Kathmandu and the city of Pokhara on April 25 has had a devastating impact, thousands have died and people have also been injured and killed in India, Bangladesh, Tibet and on Mount Everest, where avalanches were also triggered. Paypal are waiving all fees for donations and we made our donation this…

  • Investment

    Investors & Data Rooms

    Introduction Were enjoying a period of expanding markets and high levels of corporate activity with many companies looking to take-on investment and acquire other businesses. In almost all case the first step will be a Due Diligence (DD) exercise to re-assure the investor that their money will be wisely invested and spent. DD exercises are highly demanding and it makes…

  • Strategy

    Top 10 strategic trends for 2015

    Introduction Gartner recently published it’s top 10 strategic trends for 2015. We have taken these and summarised a bit to help you understand the key elements. These strategic focus areas also complement our earlier forecast article so please read both together. Computing Everywhere Despite some initial reservations the rate of adoption for wearable devices such as smart watches and connected…