Technology is evolving at a breakneck pace these days, and established companies across the spectrum are struggling to keep up. Just trying to integrate old systems with new processes is costing businesses upward of $590 billion per year.
But where larger companies have failed to keep up with the times, startups are utilizing the internet to find cheaper methods of running their production and sales cycles. Processes that once took years now take mere months — or, in some cases, hours.
