To provide customers with an alternative or to curb the cash crunch, restaurants are turning into the grocery business. That’s how the concept of ‘Restaurmart’ born. This hybrid business model is not something new, but how ubiquitous it has become is something outstanding.

Recently Los Angeles County Department of Public Health legalized listing grocery items on restaurant menus only for delivery or takeout and prohibited setting up stores in restaurants for self-selection during the pandemic situation. 

Many restaurants in the USA has already bent their businesses into restaurmart such as OpenTable offers online booking for tables and shopping timings, Red State BBQ opened a pop-up grocery store in the restaurant, Beaucoup Eats is about to open a mini grocery store in its restaurant, etc. 

Grocerants v/s Restaurmart:

The line between the grocery and restaurant business has blurred many years ago when the concept of ‘Grocerants’ developed. Grocerants are basically freshly prepared/ready-to-eat/ready-to-heat foods available to consumers at non-restaurant retailers such as supermarkets or grocery outlets or convenience stores or drug stores, etc.

Some of them offer massive food courts seating areas with cozy atmospheres, while others offer enclosed full-service spaces. They often offer free Wi-Fi, bars, host stations, etc. as a compliment. 

Restaurmart, on the other hand, is a newborn concept. Restaurants or cafes were ordered to restrict their businesses to follow the norms of social distancing. So the idea of selling the same item in the form of groceries and ingredients was born not to gather more debt during this pandemic. 

Restaurmarts are available in different models such as in-store shopping, online order with door-step delivery, online order with pick-up at a store option. 

Restaurmarts: savior during covid-19 and in future

(The Shaved Duck restaurant selling grocery items in St. Louis)

• There was a time in the middle of lockdown where supermarkets and grocery stores were out of stock and restaurants were possessing enough stock to meet the demand. So it became necessary to give license to restaurants for selling groceries.

• This can help to contain the outbreak by easing the crowd on traditional grocery outlets that somewhere compromise the social distancing norms.

• This hybrid business model gives customers an alternative and maintains healthy competition in the market.

• This kind of business model gives a comforting experience of shopping and meal. Maybe in future waiting time in restaurants will be utilized for grocery shopping. 

• This trend is not going to fade away very soon. Even after the spread of the virus contained, the social distancing norm in the restaurants will be continued such as fewer tables will be available to provide more distancing. So this practice will surely be helpful in the future to save the business. 

• Restaurants that famous for their special sauces, unique recipes or desserts, packaging them with their own branding just strengthen the position of their brand in the market.

How coruscate can help you to develop mobile app?

Coruscate is the top mobile app development company accommodating 100+ app designers, app developers, business experts and legal advisors. Coruscate has delivered a variety of projects in different parts of the world.  

The operations in foodservice businesses are expanding day by day. But some locations in the world are expecting a more permanent shift. Coruscate will help you with your business model and market research to setting up a business. Our legal advisors guide you through the journey to make sure not a single legal norm violets. 

If you have an idea on your mind to set up a similar business then feel free to contact us. Our experts will get back you with a solution and a personalized quote.

The post Covid-19 effect: The emerging concept of ‘Restaurmart’ is a new reality of post-covid-19 businesses appeared first on Coruscate Solutions.

Here is a table showing IT spendings and growth worldwide in the year 2019:

So, from the table, it is clear that the growth percentage is however lesser than the previous year. This gives rise to the doubts projects being canceled before they are canceled before they are even completed. Due to the unrealistic specs and constant changes in the project direction, there are chances of much higher final costs than the predicted cost. This phenomenon is called the “black swan.”

Here is a graph from Statista, which shows the reasons for project failure and their percentages:

Let’s discuss some common problems which companies run into when launching a software project and how to avoid them to make your software succeed.

What contributes to software failure?

To know why software projects fail, let us first check out how the successful projects are defined by various companies:

Basically, there are two ways to define successful projects:

• On-time, on-budget, and on-value
• On-time, on-budget, and features/functions as specified

According to an article in the International Journal of Project Management, there is a distinction between product or project success and project management success. While the product or project success is determined by the objectives the success of project management is based on time, cost and scope of criteria. So, we can conclude that a product or a project which is not delivered on-time and within the stipulated cost and on-value may not necessarily be a failed project. Both the project and project management success needs to be taken into consideration while determining the success of a project.

So, the projects are not usually categorized as successful or unsuccessful. They are divided into 3 categories.

• Ideal projects: Completed on-time, on-budget, on-value, and with all features and functions which were specified by the customers.
• Imperfect projects: The project is completed and operational but has crossed time limit, is over-budget, does not have a predicted value and even certain features are lacking.
• Failed projects: The project is canceled during the development cycle.

Here are 5 reasons contributing to the success of the project:

 
1. Clearly Define success and have a clear view about objectives and requirements
There are a lot of ways to define project and product success. A successful project may not always be a successful product. So, you need to have specific ways of measuring the success and failure of a project. When you start a project make sure you have a detailed idea about the specifications of the project and the methodology that you are going to use for the project ( Agile or Waterfall). The scope of the project should be properly defined because that can help with the estimation of the project. For that, involvement of developers is recommended.

2. Hire Skilled Developers and use effective methodologies:

A developer’s skill is what directly influences the success of your project. So, if you have a skilled and experienced programmer, that chances of success of your project are greatly increased. As the developer can build some really good quality software and be more efficient. Also, ensuring having reliable project managers and project management methodologies. For example, the agile methodologies are important when you develop the MVP model for a project which is validated with each version. Having a strong relationship between the project managers and developers can help to deliver a project on time successfully.

3. Divide the project into tasks

Your expectations from each of your project vary like the sizes of your projects. It is very important that you break the huge projects into smaller tasks. It is a tried and tested truth that the smaller tasks are much more manageable than one huge module. There are much less confusion and much better communication. Therefore, setting a project milestone is a better way to complete the project on time.

4. Don’t keep unrealistic deadlines

It not uncommon for the software to keep tight deadlines for completing their software projects without thinking from the developer’s point-of-view. Further, the estimates too are made without consulting the developers. So, the companies often rush too much to get their projects completes and provide insufficient time to the developers which result in sacrificing the design and usability. This can result in a broken software module.

To solve this problem easily, make sure your developers are aware of the scope and requirements of the project and have enough time to plan before even writing a single line of code. Keep the deadlines flexible. For example, if you have 10 days for the delivery of the project, plan the project in such a way that the developers are able to complete it in 7-8 days. So that even if something is left out, there is no rush on the last moment.

5. No compromise on Testing

Testing is an equally important part of the software development life cycle. A lack of testing can usually lead to a bug-filled project and cannot even function properly. Make sure that there is sufficient time for testing the project.
If the software doesn’t function properly and the features break down, that will result in huge losses. So, make sure there is enough time for testing the project at each step.

Here is how to prepare the estimate of the project:

Remember, the delivery date is not the target, it is the limit.

An estimation that proposes a minimum period of time and cost to deliver the biggest number of high-quality functionalities with an understanding of the project is called a good estimate.

Good Estimation = Min(Schedule) + Min(Cost) + Max(Functionality) + Max(Quality)

Make sure you do take the necessary measures for risk management. Define the problem first and then move on to the solution. Go for the Program evaluation review technique while preparing the estimate.

We have delivered over 200 projects with a 100% success rate and we have enough experience in the field of project management and development. If you have any idea for a software project, we can make it a reality. For further details, connect with us through the contact us form.

The post 5 reasons contributing to the success of software projects and the estimation appeared first on Coruscate Solutions.

At Coruscate Solutions Pvt Ltd, we are a desktop, web and mobile application development company that exists to bring about a sense of compatibility between the complex structures of large scale companies and the needs of medium and small-scale enterprises.

With pride, we are featured as one of the leading ios developers in India on Clutch’s platform. As a B2B services ratings and reviews agency, Clutch uses the typical reviews process with a personal touch. Their analysts often speak with a company’s clients directly, gathering feedback that is insightful and offers a true window into a partnership with that firm. Clutch uses this research to organize the thousands of companies on the site into a directory with multiple shortlists, guiding buyers in their decision-making process.

Clutch highlights the top performing companies on the site every month across various locations and research segments. We’re honored to be featured in Clutch’s updated report. Our recognition stems from our superior reputation in the industry and consistent dedication to serving our client’s needs.

Recently, Clutch released a new platform, Visual Objects, which deems Coruscate Solutions one of the top IT consulting services. Visual Objects is a portfolio website that showcases work from the best creative firms around the world.

Additionally, our high ranking on Clutch allowed us an additional feature on The Manifest, another B2B ratings and reviews platform. Here, we are listed as one of the best IT consultants in India.

A special thank you to Clutch for recognizing Coruscate Solutions as an industry leader in India, and to our wonderful clients for choosing to grow with our team.

The post Coruscate Solutions Pvt Ltd Recognized as a 2019 leader by Clutch appeared first on Coruscate Solutions.