Crosslake Insights

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M&A and technology insights

The continuous evolution of technology has made it challenging for newer applications to function correctly on legacy platforms, particularly when it comes to data and analytics. And you hear it every day — data is the driving force of today’s economy. But the data economy cannot be sustained if the information that it depends on […]

Training is one of the least effective ways to change behavior. “But wait,” you may say. “Training is everywhere! When my team needs additional skills, training is the best option and readily available. There are thousands of training organizations and lots of places to get training online!” While debatable in modern times, the 70-20-10 learning […]

Market pressures are pushing companies to innovate and release faster and more frequently to stay ahead of the competition and digitize internal operations to reduce operating costs. New technologies continue to emerge that enable reductions in time to market and development costs. However, these technologies take time to effectively learn and adapt. While companies are […]

Recently, a SaaS company within the financial technology industry acquired a competitor and launched an initiative to merge both companies’ critical customer-facing applications and data. This was the latest in a series of acquisitions, leaving the company with several platforms that needed migrating. In this post, we will explore the problems that hampered the company’s […]

In recent years, a large and successful software-as-a-service (SaaS) company experienced tremendous growth, and with that growth, expanded its software development organization rapidly (~300% in 18 months). To enable the fastest growth possible, the company adopted a distributed development stance that saw code development functions and staff spread across multiple countries on three continents. Distributed […]

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