Olga Tokarenko

Business Consultant at Cyfrania

Roadmap to Building a Travel App That Stands Out

The online travel booking industry was one of the hardest hit by the coronavirus pandemic. Travel restrictions, lockdowns, and consumer hesitancy to book trips amidst the health crisis dealt a severe blow, with major players like Booking Holdings, Expedia Group, and Airbnb reporting revenue declines ranging from 55% to 80% in 2020. However, the industry demonstrated resilience and adaptability, managing to recover as vaccination rollouts progressed and travel resumed. According to Allied Market Research, the global…

Guide to Launching a Healthcare SaaS Startup in 2024

Healthcare is going digital at an explosive rate, presenting massive opportunities that entrepreneurs can seize: * SaaS startup entrepreneurs are creating game-changing platforms like mobile electronic health records (EHR) systems for physicians to update from anywhere and artificial intelligence (AI) powered telemedicine apps for remote diagnosis. * This shift to SaaS solves massive pain points - leaked efficiency from outdated processes, disconnected data silos, inconsistent patient experiences. As an entrepreneur, you can seize this chance to [build a SaaS…

Compliance Essentials for HealthTech SAAS in 2024

In this article, I aim to equip HealthTech startup founders with essential knowledge on regulatory compliance for healthcare SaaS. Compliance isn't a checkbox. Adhering to data protection standards like HIPAA, HITECH, GDPR, CCPA, and FDA rules is mandatory to secure sensitive patient data, avoid severe penalties, and protect against reputational harm. HIPAA is the key standard in regulatory compliance, focusing on protected health information (PHI) privacy for US SaaS vendors dealing with electronic patient records, telemedicine, and…

How to Rescue a Failing Software Project?

Software projects fail more often than we'd like to admit. According to research from McKinsey, only 29% of IT projects are successful based on time, budget and requirements criteria. For app owners, product owners, and other business stakeholders, a failing software project can be frustrating and costly. This article provides a guide for non-technical professionals on how to rescue a failing…

How to Take Over a Failing Software Project Step-by-Step

According to the Standish Group, 30-40% of software projects fail and 75% go over budget. So, if you're an app owner or product manager facing a failing project, you're not alone. Fortunately, there are strategies for reviving a stalled software project. This article offers a comprehensive guide to successfully transitioning a failing software project to a new development team. The first step is acknowledging that your current approach…

Top Logistics App Features in 2024

In my last article, I covered the essentials of logistics apps, their varieties, what they offer to businesses, and how to develop one tailored to individual company requirements. Here, I'll expand on the functionalities of this software. What logistics app features are essential to stay relevant in the modern world? How can an app satisfy current and future market demands? And how can it leverage new technological advancements to the fullest? Stay tuned, as we uncover answers to these questions. ## Crucial Market…

Business Guide for Developing Logistics Management Software

Logistics applications automate all operations involved in moving, storing, and distributing goods from where they're made to where they're used, which is necessary for many businesses. Here's a far from complete list of company categories that employ logistics apps. * Manufacturers have to manage the flow of supplies, ensure the transfer of in-process and finished goods between storage spaces, units, own-brand shops, as well as handle their transport fleet. * Warehouses and distribution centers need to organize their inventory, distribute…

How to Pitch an App Idea to Investors

Have an idea for an app but no money to kickstart your tech venture? You're not alone. Almost every startup founder faces this, with only a minority reaching profitability without the need for fundraising. In one of the previous articles, my colleague already explained how to get an app idea off the ground. Now, I'll focus on explaining how to get people to invest in your business. I'll outline steps to locate private investors looking for projects to fund and compellingly pitch an app idea. Plus, I'll explain how Cyfrania, as IT partners, have been helping aspiring…

How to Hire App Developers for Your Business

Year after year, we consistently encounter projects facing severe issues due to their owners entrusting them to unreliable offshore developers. We've heard countless stories of such projects and have been involved in their revival. We've observed that certain fatal scenarios tend to repeat over and over again. Drawing from the lessons of failed app development hires, we firmly believe that these harmful paths can be largely avoided. That's why we've written this article. You won't encounter here broadly disseminated general recommendations found all over the internet. Instead, we'll…

Against the Clock: Deadline Rescue Tips for Product Owners

Imagine this happening - a serious threat of missing deadlines looms over your project. For an entrepreneur developing an app, the consequences can be very serious. At the very least, this means overspending the budget, but it's usually much more than that. This can also be forever missed opportunities to participate in a significant industry event, which the release was timed to. Or undermined trust of investors and partners, disappointed user expectations, and marketing efforts gone to waste. All these prospects are extremely unpleasant - which means it's time for a crisis plan. What does…

Whiteboard App for Hospital Patients

We've received a request from a nurse working with in-patients in a major US city. They've conceived the idea that leveraging modern technology could make patients' hospital stays much more comfortable. Nurses are keenly aware of a frequently voiced concern among hospital patients. They often struggle to acquire answers to the numerous questions they hold about their condition, treatment, schedule specifics, and everyday aspects of their hospital stay. The plain whiteboards in patient rooms display just the basics. Patients frequently…

Mobile App for a Chemical Plant

We got a request from a large chemical industry company that produces mineral fertilizers. The main focus of the company in recent years has been on digitizing their processes. They have a company-wide ERP system in place managing finances, suppliers and staff. But there are other areas which could benefit from modern technology. This particular request was about plant equipment maintenance and repairs. The company owns several chemical plants. A major concern is losses due to equipment downtime during repairs. The repair team spends most of its time working at the…