On behalf of The Law Office of Lynnette Ariathurai, A Professional Corporation posted in Business Formation & Planning on Friday, November 8, 2013.
Technology has completely changed the way people work and do business. The creation of the Internet has enabled the advent of the virtual workplace. It is now possible for a business owner in California to have team members located all over the United States as well as the rest of the world. One new business startup has recently begun operating as a virtual workplace.
The company, Seeq, was started by the same entrepreneur who founded Insitu, which was later reportedly sold to Boeing for $400 million. Insitu specializes in creating unmanned aircraft. Now five years after selling Insitu, the successful businessman is running a business which is currently operating as a virtual company. The owner of Seeq says that working in a virtual environment reduces problems related to personality conflicts, which enhances efficiency and productivity.
Seeq is a data company that is aimed at helping manufacturers analyze data regarding their industrial processes. Manufacturing companies commonly require gathering large amounts of data in order to make adjustments in industrial processes. However, due to the size and nature of the data collected, it is difficult to put the data into a proper context when analyzing the data. Seeq aims to provide manufacturers with cutting-edge technology in order to put data into more useful context for effective decision-making.
Whether a startup business in California is a virtual workplace or a physical office space, it is important to have a comprehensive business plan. This can help a company gain a clear vision of where the business is headed now and in the future. Business startup companies can use a business plan as a guide while making business decisions based upon ever-changing circumstances. However, the business plan should also ensure the company adheres to all applicable rules and regulations required by law.
Source: GeekWire, Seeq raises $6 million, looks to help manufacturers mine industrial data, John Cook, Nov. 5, 2013