OpenScore Progress
So just over a week after releasing the OpenScore application, how are things going?
Well, we've been studying the output data intensively in order to ensure our premium analysis tools are as accurate and beneficial as possible. We've started to see some nice variation in the static and dynamic score for those businesses that have verified their third party account details. We posted a blog providing an overview of the static and dynamic score for those interested.
We have identified what we believe is a suitable format for the basic advice centre, that will allow users starting out, to initiate their third party accounts and begin the process of analysing and improving their overall web presence.
Next step is the detailed support centre that will provide the deepest analysis we can provide on all the feeds contributing to the OpenScore. This is where we will put everything out on the table. There will be no secrecy around our analysis, so whatever we see you see. Our focus is to collect and display the data as reliable as possible with all the cards on the table.
Running an Internet start up in a recession
When we first started developing the loopthing business networking project back in early 2008, we felt what we could produce would significantly change the way businesses interact with web based media platforms, and this concept has not changed.
What has changed dramatically in that time is the local economy in which we are based, and the global economy in which the network is poised. As many industrialised countries entered into recession over the past 18 months we from our small office in Cork, Ireland have continued to follow our business development plan in an attempt to put our project at the forefront of our country's economic re-focusing.
Although we do recognise that our forecast revenue earnings have taken quite a hit, it is still imperative that the desire and will to create exciting new products and services is not lost amongst the contraction in investment and consumer spending.
Cost-cutting is a must and hard work an absolute certainty in safeguarding our ongoing development. As we build up to the Loopthing official launch in October and the release of our key business networking feature our desire to innovate will not falter.
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