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The financial industry crash in 2008 severely damaged faith in the traditional banks. But even before then, banking and financial transactions had been moving into new digital realms. PayPal had already been around for 10 years, and other virtual wallet systems had begun to pop up too.
Enter Bitcoin in 2009. Developed by an unknown individual or group using the name Satoshi Nakamoto, it is an asset/payment system that uses no intermediary (i.e., a bank) – a peer-to-peer transaction platform that is be fully secure and almost without fees. The concept is that “value” can be virtually exchanged all over the world in a digital environment that does not transmit any sensitive information (e.g., credit card numbers) that could be subject to cybercrime. That “value” can then be converted into any fiat currency on the receiving end, although the value of a Bitcoin would be subject to market volatility, just as currency exchanges can be.
Slow to Catch On
The disruption of cryptocurrency has not been rapid. It’s tough to get individuals and businesses to make a paradigm shift to virtual currency and to understand such things as blockchain technology. But there are many who predict that Bitcoin, and perhaps some other cryptocurrency platforms, will replace the traditional bank card payment system.
We are not there yet – not by a long shot – and there are many “wrinkles” to iron out if this is to happen. But the question is certainly out there. Can Bitcoin replace traditional payment systems? Some say “yes;” others say “no.”
There are certainly arguments to be made that Bitcoin will ultimately replace the fee-based transactions that consumers and merchants use today. Among those are the following:
In looking at those hurdles, along with some other factors that keep legacy payment processing the preferred transaction methodology, many believe that bitcoin will take its place for certain demographics but will not replace the use of bank cards, money transfers, and letters of credit that still constitute the vast majority of transactions. Here are their arguments.
The average merchant would have to develop a technical savviness that he is probably not prone to want to do. Bitcoin transactions do not have the support structure that bank card processing has, and merchants would have to create and manage their own digital Bitcoin wallets, in order to accept funds and convert them to fiat currencies.
Traditional payment processors are getting much better with what they do, especially considering the competition out there. Most payment gateway services are providing the streamlining, the lowered transaction fees, and the support that merchants want and need. And they are beefing up security measures by leaps and bounds today.
Merchants who use Bitcoin will still need some processing support, from providers such as Stripe, PayPal, or others that are now in the business – processors who are able to lock in exchange rates at the point of transaction. For example, if a merchant were to accept Bitcoin that is currently worth $1500 U.S., but the value had dropped to $1200 by the time he exchanges that Bitcoin for USD, then he is out $300. The lowered transaction fee is worthless at that point. Using a processor to convert the Bitcoin to a fiat currency at the time of payment processing will be essential, and that actually adds another step to the whole process. It’s just not the maximum efficiency that most merchants want.
There are also problems on the consumer side of Bitcoin transactions. Online purchases using credit cards come with certain risks. The merchant could be fraudulent; ordered products may not be received. Exchanges and refund requests are commonplace transactions. These are currently handled pretty well when normal bank cards are used for purchasing. Refunds can be directly credited to a personal credit card account. And, if there is a dispute, the credit card company acts to resolve it.
Bitcoin transactions are irreversible. There is no process for disputing a charge or getting a refund, except directly through the merchant. And these are not always successful, particularly if the merchant is unprincipled or simply disputes the consumer’s claim. Where is the consumer recourse? Currently, it is non-existent. There are no consumer protections in place. Even if they were to be put into place, they would have to be managed by a processor divorced from Bitcoin itself. In this case, that processor is still in business, not replaced.
It’s still out, obviously. Predictions as early as 2014 stated that bitcoin would replace legacy financial transactions, for merchants and even for individual consumers. That has not happened.
For the near term, fiat currency exchanges, traditional bankcard transactions and processing, and consumer purchasing protections are strongly in place with legacy systems. People are comfortable with their systems, and Bitcoin still holds a mystique that is difficult for both merchants and consumers to fully grasp. It still seems a little bit like “fake money” to many. And change comes slowly.
But no one should discount the ability of Bitcoin to evolve and to take its place within the payment processing industry. The security it offers, as well blockchain technology and lower fees, all provide an attractive alternative to traditional processing through banks and legacy payment processors.
On the other hand, in its current environment, Bitcoin will have to rely on traditional processors that have the ability to lock in exchange rates and to ensure that both merchants and consumers are afforded the protections they need. Only time will tell. For the moment, traditional payment processors are still in business.
Ok, I admit, I was among the early adopters of the late nineties to get hooked on VMWare. In fact, as an open source advocate I remember playing with "freemware", qemu, bochs, openVZ, and several other x86 virtualization technologies. Likewise, I was among the first to start using Amazon's Elastic Compute Cloud (EC2). I've been hooked by x86 commodity hardware virtualization for a long time, and I thank VMWare and Ed Bugnion in particular for that. But why choose VMWare now?
Ten years ago when the CPUs made it hard to virtualize efficiently, VMWare was great. After 2003 if you were mostly interested in linux (king of the cloud) Xen was an excellent open source alternative to virtualize x86 commodity servers. In 2006 Amazon launched their EC2 service which would become the defacto cloud standard. EC2 is built on Xen and is probably the single biggest x86 virtualization environment in the world. Several hundred thousand of my closest friends have found EC2 to be a fantastic compute platform that goes beyond server virtualization, all without a trace of VMWare. So why choose VMWare now?
Today modern CPUs include specific support for virtualization making it easier to deliver efficient virtulaization without Xen's paravirt trick or VMWare's innovative code patching. Current linux kernels include support for KVM and I believe upstream kernels will again support Xen natively. I remember when RedHat bought Qumranet, developer of KVM, SPICE, and SolidICE (a desktop virtualization technology) in 2008. Back then KVM didn't compare to VMWare. It certainly was not "good enough" back then. Three years later, KVM has matured extremely well. I think it really is "good enough" for commodity OS virtualization. In my cloud development efforts I've run hundreds of thousands of VMs on Xen and KVM during the past 2 1/2 years. While I really respect Xen, I've come to like and appreciate KVM on modern CPUs since it's just so simple and easy to use. Today there are so many "good enough" choices for x86 virtualization from Xen, KVM, and VirtualBox to Hyper-V, which Microsoft is practically giving away just to keep Windows relevant in the datacenter. So why choose VMWare now?
Is low end disruption a threat for VMWare? Linux and Apache are certainly well established in the datacenter preventing Microsoft's dominance over the desktop to spill into the datacenter. Ten years ago when Windows had 90-something percent market share of desktop computers, I myself considered Microsoft an untouchable giant. Today, however, I think they're doomed because Apple is cooler, all the kids have 'em along with iphones and and ipads. By analogy, VMWare should be very concerned. IMHO, they can and will lose their dominance and I think they'll do so by the classic Innovator's Dilemma. VMWare continues to cater to their traditional high end customers. Meanwhile, nearly three quarters of a million developers are using Amazon's cloud as their platform for new software applications and services. And the best part is Amazon's cloud doesn't even need or use VMWare. In fact, neither does Google's AppEngine or Microsoft's Azure. Sense a pattern? If you believe, as I do, that we're on the cusp of a new platform war to deliver the next generation of applications and services, then the key to success is the application development community. VMWare may have operations teams sold, but developers love the cloud. Interestingly, they may not even have the ops guys sold after all. Here's a forum thread titled "VMWare, a falling giant".
"According to Ars Technica, 'A new survey seems to show that VMware's iron grip on the enterprise virtualization market is loosening, with 38 percent of businesses planning to switch vendors within the next year due to licensing models and the robustness of competing hypervisors.' What do IT-savvy Slashdotters have to say about moving away from one of the more stable and feature rich VM architectures available?"
The survey found that VMware is the primary hypervisor for server virtualization in 67.6 percent of shops, followed by Microsoft's Hyper-V with 16.4 percent and Citrix with 14.4 percent. Wow, this doesn't even compare to Microsoft's former dominance for which I recall seeing numbers as high as 98% market share!
So why choose VMWare now? Maybe the question should be, "Have you tried an open source hypervisor lately?" Or better yet, "have you tried a public cloud yet"? Frankly, I don't even like using hypervisors directly anymore as I find clouds much more powerful and easier to use. Why don't you give ISAAC a try? You can see what a real cloud is like while also trying out open source hypervisors.
In today’s era when most of the individuals have disconnected their landline phones and gone mobile, there are still quite a substantial number of people who still prefer cordless phones over mobile phones. In fact, more and more households, businesses, educational institutions and industries are installing cordless phones, as not only it is cheap, it comes with long range capabilities and durability.
For instance, if we talk about Engenius, which is the leading provider of cordless phones, it has changed the traditional telecom landscape by offering longest range, i.e. up to 250,000 sq. feet in healthcare facilities, warehouses and retail stores. Moreover, it can penetrate 12 floor building and is perfect for school campuses and farms with range up to 3000 acres.
Apart from this, the new cordless phones come with a myriad of new features, such as, clear voice, an in-built answering machine, crisp display, conferencing, phonebook, great battery back-up, call barring, fully compatible with home security system, and wide range of packages and models to choose from. Hence, not only it makes your life simple, it provides security too.
With so many features and models available, it’s not difficult to choose a cordless phone for your house or facility. All you have to do is check the price plans and features that best suit your need and budget.
Due to a recent stamp duty increase, the housing market in UK has seen a dramatic surge, as a result of which, most of the homeowners are unable to purchase larger property. However, these homeowners are now considering buying log summer houses, because not only these houses are cheap, they are a great way to add space to their existing home in an affordable manner.
One of the great things about wooden summer house is that it can be customized, and can be installed by the homeowner himself without hiring an assembly company. Apart from this, these summer houses are fully ventilated, waterproof, reduce carbon dioxide emissions, and consume less energy. They come in a wide range of sizes, design and feature, and can be a great addition to your property.
However, when it comes to choosing best wooden summer house, the buyer has to make sure to buy from a renowned company only, such as ‘Summer House 24”, which is one of Europe’s leading and most trusted providers of log houses. All their Summerhouse’s, Garden Buildings and Log Cabins are made out of sustainably sourced slow-grown Nordic spruce. Moreover, they implement latest wood processing technologies to create a top-notch product that’s not only durable but can stand the test of time. Their range of log summer houses can be found here.
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Your website domain name is one of the most important pieces of your business. This essential component is greater than the different parts that comprise it: Websites, email addresses, etc. The overall domain is the core of your brand’s digital presence. As such, it must be defended and protected throughout its lifetime. Risks such as hijackers, spammers, and domain registrars seizing control are all factors to be wary of as you work to protect the health of your website domain.
One of the biggest contributing factors to good domain health is your email sender reputation. Your domain’s registrar will intervene if it notices emails sent from your domain are not reaching inboxes or being marked as spam. Not only will your email service provider block you from access, but your website domain also becomes at risk. The best way to avoid this is to employ an email checker to verify emails.
The risks of a poor sender reputation are as follows.
The Number of Emails You Can Send Will Be Reduced
When an email service provider (ESP) doesn’t recognize the domain sending emails, it will react in multiple fashions, including throttling your email send. This refers to the slowing down and capping of the number of emails that can be sent each day. When a business varies its email send numbers greatly in a short amount of time (e.g. sending thousands one day, hundreds the next), throttling is a common penalty. Timing is an essential part of any marketing campaign, so the consequences of throttling are severe.
Throttling can stem from a poor sender reputation. Your ESP doesn’t recognize your domain because it has been marked as spam too often. By utilizing an email address checker, you can reduce the number of emails that get marked as spam. As a result, your ESP is less likely to mark you as a spammer and instead recognize that you are a legitimate sender. You’ll never have to worry if your email is reaching everyone on your list on the right day and time, or that you’re being marked as an illicit sender.
Your Emails Won’t Make it to Inboxes
A low sender score means your emails aren’t even reaching inboxes. Instead, they’re being marked as spam immediately upon reaching recipient’s mailboxes. Without users able to open and take action on your emails, the overall efficacy of an email marketing campaign greatly declines. This results in a negative impact in all the ways such a campaign can improve business. It means less company awareness, reduced brand engagement, and lost ROI as the ability to convert greatly declines.
Maintaining your sender reputation begins with an email tester. Using such a tool as a way to check emails and validate them ensures a higher inbox rate and better preservation of your sender score. A sender with a score above 90 has a 92% rate of success in reaching inboxes, versus the 72% success rate of a sender with a score between 71 and 80.
Beyond making it to inboxes, your emails won’t even get delivered if the emails you have are bad or your sender reputation is damaged. With 30% of an email list vulnerable to decay each year, it’s crucial that your business has a system in place to replenish emails and make sure they’re real. The easiest and fastest solution to do so is using an email validator.
Your ESP Will Block You
The most significant consequence of a poor sender reputation is complete inability to send emails from your domain. Every email service provider has different criteria for what defines content as spam, but it is up to you to be aware of what these specifications are and do your best to avoid negative experiences. The last thing you want or need in the midst of a marketing campaign is to be barred from using your email.
Verifying and cleaning your email list is one of the simplest solutions for avoiding a slap on the wrist (or worse) from your ESP. Not only does it ensure that your website domain remains healthy and protected, but also protecting your sender reputation improves the functionality and results of your email marketing strategy. Maintaining email send speed and numbers, increasing inbox rates, and staying on good terms with your ESP are all benefits of a high sender score, and is made easier through the use of an email checker.
Remote work is on a rise, where employees or workers can work from the comfort of their home, instead of a traditional office. Same is true for the IT industry, where a huge amount of professionals are remote IT workers. According to some studies, it has been revealed that these professionals are more productive, as they work in a quiet environment with no distractions.
There’s a new trend among these professionals, “Wooden Garden House”. If you ask me what’s the relationship between remote IT worker and a wooden garden house, the answer is quite simple. A wooden garden house provides more privacy and lesser distraction in comparison to a normal home. If you have family and kids, working at home is not that simple. However, if you have a fully equipped wooden garden house, you can easily use it as your small office or workplace, where you can do your task without any disturbance or noise.
Although, there are several companies offering different kinds of wooden houses to its clients, one particular company has become quite popular among remote IT workers. This company is none other than the “Gartenhaus”. It is known to offer highest quality wooden summer houses at competitive rates. With a wide variety to choose from, customers can find an ideal wooden house that suits their budget and requirement. Their range of products can be found here.
In the beginning, there was statistics. Ask any Ph.D. who produced a dissertation in the 1980’s, and, unless they were math or science majors, you will hear a litany of expletives about the statistical analysis chapter, during which their data results had to be “crunched,” using any number of formulae, and be crunched by hand, with only a calculator for a tool.
By the 90’s, of course, there were computer programs and it was a matter of plugging the right data into the right formula, and the numbers were automatically “crunched” to determine the statistical significance of a research study. Technology to analyze data has continued to evolve since then.
The Use of Analytical Tools by Startups
“We’ve come a long way baby,” as the saying goes, and businesses have all sorts of tools at their disposal to collect and analyze data that can help make better business decisions. Google Analytics, for example, is a great place for startups to begin and there’s a number of other apps to gather all sorts of insights for you.
However, as a startup scales, though, Google Analytics, and other tools (CRM software, Excel) will outlive their usefulness. It will be time to incorporate BI in order to make faster decisions based upon larger pieces of data.
And that’s really what BI is – software tools that automatically extract data from lots of sources and then extrapolate that data, so that trends can be identified and predictions made. Wouldn’t it be nice, for example, to extrapolate data from your competitors and find a gap in what they offer that you can fill? This kind of data you cannot get from the lower-level tools like Google Analytics.
What BI Offers to Startups as They Begin to Scale
It is commonly believed that AI is only for the “big boys.” Indeed, it is currently in use by the following:
You don’t have to understand the data science behind BI. This is what many business owners believe and they thus feel inadequate to use it. It’s scary, and they don’t want to spend money on something they will not be able to use. But understanding the science is not necessary. Knowing how to use the tools is, and that can be learned. Here is how scaling startups can use BI to make sound decisions.
Getting Started with Business Intelligence Software
There are a number of BI tools on the market and more being developed daily. Your job will be to examine the features that each offers against your needs. You have to determine what data will be most helpful, what you want to track, and what kinds of reports will be the most understandable and useful for you and your team.
Taking it one step at a time will allow you and your team to adjust. People, including yourself, buy in to new technology slowly. But understand that the impact for all of your operations can be significant – forecasting customer behavior, customer service, predicting viability of products/services, to name a few. But you cannot tackle everything from the beginning. Take iterative steps.
Do some learning yourself first – it’s not as hard as you think. Remember machine learning is all about the machine teaching itself from the data it is fed. And you can guide that learning by coming up with your own objectives and asking the right questions. This only takes a bit of practice.
A tool like IBM’s Watson, for example, will not break the bank and yet will allow you to play around. Feed it your data from Google Analytics and then ask questions about it. Gradually, you will learn what your AI machine can do for you.
Selling it to others in your organization does not have to be difficult.
The important thing is to start small. You cannot expect to incorporate BI into every aspect of your operations all at once. You, as well as others, have to develop a comfort level, and that is a process. Start with small projects, show the successes, and the “buy-in” will come.
BI is a “Now” Thing
The future of AI is now. Businesses that understand its value and commit to a gradual but steady implementation will realize the unlimited possibilities it offers.
No one knows how far artificial intelligence will carry us. On the horizon are driverless cars and intelligent manufacturing. But for startups in any niche, its value is right now.
cynthyap 110000GC4C Tags:  cloud-computing virtualization cloud_computing provisioning 13,705 Views
Orchestration can be one of those ambiguous concepts in cloud computing, with varying definitions on when cloud capabilities truly advance into the orchestration realm. Frequently it’s defined simply as automation = orchestration.
But automation is just the starting point for cloud. And as organizations move from managing their virtualized environment, they need to aggregate capabilities for a private cloud to work effectively. The automation of storage, network, performance and provisioning are all aspects handled in most cases by various solutions that have been added on over time as needs increase. Even for organizations that take a transformational approach -- jumping to an advanced cloud to optimize their data centers -- the management of heterogeneous environments with disparate systems can be a challenge not simply addressed by automation alone. As the saying goes, “If you automate a mess, you get an automated mess.”
Read more about how cloud orchestration can simplify and accelerate service delivery.
When it comes to software development process, also known as software development life cycle, there are several approaches and models. The details vary somewhat from one approach to another, but there are six basic steps or phases that are common across all models. VironIt, a top software development company today reveals the six phases that are crucial for the development of any software.
Blueprint: In order to develop fully functional software, one has to do some planning and create a blueprint of software. As a developer, you have to first understand what challenges you might face throughout the entire process, and then create a realistic plan that has no obstacles.
Analysis: This particular phase involves scrutinizing whether your project is feasible or not. Taking notes of further requirements or challenges you might face while each development phase.
Software Design: This is the key phase that involves marking out the entire architecture of software and creating a layout that acts as a base for next phase. Moreover, it also helps in knowing what exact hardware is needed to successfully run the software.
Coding: Like the name suggests, it involves transforming a design into code by programmers.
Testing and Software Deployment: Once the code has been developed, it undergoes several testing phases that determine whether the product is working as per original specifications or not. Software Deployment, also known as Beta Phase, involves the product being passed over to the clients, in order to get valuable customer feedback. Any bugs or glitches experienced during this phase can be fixed.
Maintenance: Last but not the least, maintenance is the phase that involves after sales services and support provided by the developers to clients or end users.
JeffHebert 060001UEQ2 Tags:  storage server paas tcp iaas ip saas cloud san network das nas virtualization 4,411 Views
Unified Computing and Data Center Evolution
Data center virtualization has created a market transition where IT organizations are trying to reduce costs and increase flexibility. Constantly working against inflexible existing hardware platforms, however, data center administrators must spend significant time on manual procedures for basic tasks instead of focusing on more strategic initiatives.
The Cisco Unified Computing System is a next-generation data center platform that:
This approach decouples scale from complexity. Whether the system has 1 server or 320 servers with thousands of virtual machines, all resources participate in a unified management domain designed to:
The system incorporates:
It supports an incremental deployment model and protects customer investments with a future migration path to unified computing.
http://www.cisco.com/en/US/netsol/ns944/#~overview,So does anyone have any idea what the IBM competitive viewpoint is for this CISCO offering?
joshuagreen 310002UXAT 1,504 Views
The joy of online shopping is only marred by the expenses we often have to in cure in order to fetch the best product. Computer software is no different. Although there are a lot of freeware available in the market, sometimes you cannot absolutely compromise on quality and you have to shell in a few bucks to get the top notch software to keep up with the latest technological trends. However, you don’t need to jump from one website to another to find out which one offers the best deals on software.
We bring to you a list of top 5 websites that can help you to seek the best online software deals .
DealNews.com is one of the most popular deal comparison sites out there. Software seekers can simply go to its “Computer” category and choose the best deals every day based on brands and category. DealNEws.com also enlists the best deals every day so you can be sure you haven’t missed out on the best market price of your desired software on that day.
Now RetailMeNot.com is not a website that itself sells software. Rather, it is a coupon based website. It enlists deals based on categories and the best brands and their best deals. You can use this website if you have a specific brand of software you absolutely don’t want to miss and still want to save money on it.
OEM software is the newest rage in the software market. OEM or Original Equipment Manufacturer refers to software that is bundled along with the hardware package sold by the manufacturers of the same software company as a retail package. OEMs have become popular because of their affordability, equipped license, cost-cutting feature and quick online activation. Buyoemsoftware-store.com is one of the most renowned names in the OEM software markets. They offer a plethora of OEM software at the cheapest rates in the market.
Ebay is one of the best websites out there for software. One of the most popular e-auction websites out there, eBay not only offers you comprehensive deals on software, but it also allows you to choose from the largest online stock of available resources.
SoftwareMedia is one of the largest partners of Microsoft SMB Partners in the USA. These guys have been in the business since 1997 and have been selling reliable software. They also offer complementary software compliance reviews to assist you in business compliance. They have a rewards program to offer you additional discounts in case you continue buying from them.
Finally, after you are done visiting and comparing deals, your last stop should be Couponbuffer where you can find the latest deals exclusively on software products. Each category and brand has at least 5 coupons to choose from at a time!
People usually don’t prefer buying software and prefer using a free ware or a cracked version. However, if you are in a situation where you need a paid software, it is better to browse the above websites for the best deals and the best prices to save some money in your software-shopping spree.
In this article, Elias Kousoulas, founder and CEO of USPCNET, a Phoenix IT Services, discusses the top four benefits of hiring managed IT services and how it can play a vital role in success of your business.
Managed IT Services basically refers to a solution provided by a dedicated third-party service provider for a flat-rate fee that involves monitoring, managing and addressing a range of IT issues on a proactive basis. By choosing to hire an IT service provider, businesses can improve their operations, focus more on their core business, and minimize security breach, crashes or downtime. Here are top four reasons why it’s beneficial to hire a Managed IT Services.
USPCNET is an IT Services and Support Company with offices in Phoenix, Denver, Tucson, Las Vegas and San Diego. It specializes in offering network support solutions through a highly organized process that stimulates and promotes both personal and financial prosperity, inspiration, and growth for their clients.
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There are many reasons for keeping product development costs down. Obviously, increasing profitability is one of these. Reducing costs also helps you to offer your products at competitive prices. This is also money that you can reinvest in research and development as well as growth.
On the other hand, cutting costs isn’t worthwhile if quality is compromised as well. The following tips will help you to reduce development costs while still maintaining high quality standards.
Use Technology to Replace Prototyping
If you’re developing a physical product, you’ll eventually want to create a prototype. Investors and potential customers will want something tangible that they can hold and use. On the other hand, prototype development is expensive.
The last thing you want to do is get in a cycle where you are spending money to recreate and work the kinks out of your prototypes. Fortunately, there are tools and apps for virtual prototyping. These allow you to begin the prototyping process in a way that costs significantly less money. Even better, you’ll know where any issues are before you produce a physical product.
Don’t Overload Your Product With Features
Simplicity is nearly always less expensive than complexity. If cost is a concern, it may be time to pare away some of the features you had originally planned on including. After all, bells and whistles aren’t so great if you cannot turn a profit, or even afford to bring your product to market at all. Remember that features can be added on in future iterations once your base model proves to be worthy.
Spend Enough Time in The Planning Phases
The more time, effort, planning, and resources you invest in planning and design, the less likely you will be to run into problems during development and production. Don’t rush into product development too quickly. Taking things slowly can be frustrating, but doubling back to fix things that weren’t covered the first time around is a waste of time and money.
Bring Quality Assurance Into Every Step of The Process
If there is one team that should be involved in every step of the way from design to launch, it’s your QA team. By keeping QA in mind, and conducting appropriate testing from the beginning, you ensure that expensive flaws don’t become an issue in the later phases of development. In the case of app and software development, investing in software testing automation services can pay off with cost savings down the road.
Recycle What You Already Have on Hand
Don’t start from scratch if you don’t have to. For physical products, it’s fairly rare for a company to be develop a new product that has no components in common with other products. For example, if you manufacture office furniture, several elements such as moving parts are often the same from one product to the next. Likewise, if you are developing software or web based utilities, there is probably a good chance that you can recycle snippets of code from other projects. Consider keeping a library of designs, specs, and coding samples on hand. Then, go back to those before you reinvent the wheel.
Shop Around For Raw Materials And Supplies
Cost of materials can be a big factor in product development. Depending on your location, industry, even time of year they can fluctuate widely. Shop around. If your business has grown, and you have more purchasing power, use that to renegotiate terms. You may be able to pay significantly less while still buying quality materials.
No matter what your product is, at least a couple of the tips listed above should be useful to you. Your ability to cut costs can benefit your organization, your investors, your employees, and your customers.