Logo Logo
Business Bermuda, Tuesday, February 9, 2010 Contact us

Home
News
Business
Sport
Opinion
Lifestyle
Gazette Video
Death & Funeral Notices
Special Sections
Year in Review 2009
Xmas Short Stories
Green Pages
Career Fair
Right to Know Campaign
Today's Photos
Spotted on the Rock
Body & Soul
Shipping
Young Observer
Religion
Classified
Weather
Bermuda Calendar
Links
About Us
Contact Us
Subscribe
Electronic Edition
Advertise
Advertise Online
Registration
RSS feeds
Email Alerts
Help/FAQ
Mid-Ocean News
Code of Practice Policy
Privacy Policy
Copyright Policy
Yesterday
Sunday
Saturday
Friday
Thursday
Wednesday
Custom



Published: November 18. 2009 06:54AM
Nova's Steiman spearheads effort to help firms capitalise on software


By Alex Wright

Nova's new business development manager Mark Steiman and managing director Sandra DeSilva.
Photo by Tamell Simons

Helping businesses to become more efficient and productive through the use of software technology is the number one priority for Nova Ltd.'s new director of business Mark Steiman.

In his new role, Mr. Steiman will be responsible for growing the software development company, promoting the Nova brand and ensuring it takes part in community events among other things.

He brings a wealth of experience, having worked in the industry for the past 27 years, mainly in the North American markets, including a number of top positions at manufacturing and distributing firms of hardware equipment, as well as working as a consultant for solutions providers.

But now he is fully focused on assisting companies to be more effective and boost output via the latest advancements in technology available to them.

Statistics from ITC have revealed that up to 35 percent of an office worker's time is spent looking for information and half of the time they cannot find it, and Mr. Steiman believes that this proves businesses looking to cut costs should be optimising their existing investments and enabling their work force to be more productive and take on more business rather than laying off their staff.

"From my perspective, this was a very strategic opportunity to come to a community and make a difference," he said.

"I am here to help Sandra (De Silva, managing director of Nova) and the team to succeed, by growing the business, achieving a greater recognition for who Nova is in the marketplace and participating in community events.


"I have been taking a consultant approach with my clients to really understand where they are and then to develop and design a proposed solution."

Mr. Steiman, who hails from Montreal originally, has thrown himself into his new job, arriving on the Island less than one month ago, one of his first assignments was to attend the World Technology Information and Services Alliance's (WITSA) Global Public Policy Summit Bermuda 2009 (GPPS) held at the Fairmont Southampton at the beginning of November and has been proactive in developing an internship scheme to nurture local talent in the technology sector, as well as being tasked with building a group of mentors to drive the operation.

One of Mr. Steiman's first jobs was working for Softcell, where he helped turn a $20 million business into a $1 billion plus one in the space of 10 years, before moving on to Tech Data Canada in 1996, which grew from a $145 million enterprise to more than $1 billion by the time he left, going on to become a partner at software company Three Soft and working for various consulting companies in the field of business development and business process management.

"I started selling products for a manufacturing company in 1998 and I saw the days of bulking up with technology hardware and equipment and adopting it had become main stream and more mature and I saw the real need for optimising those investments and building out solutions for the clients and users to use technology to add efficiency and productivity and have control over their business," he said.

"It was about taking the intelligence available and putting it into a new format and being strategic for the client in helping them move from one platform to another and to upgrade or get new versions of the platform.

"It was the business intelligence and content that was critical, so I got involved in building portals and custom solutions for collaboration."

Mr. Steiman said the key to transforming and enhancing a workplace was to control and automate the data so the business intelligence was there to act on and thus reduce the time taken by employees to find the information and pick it up.

"That is exactly what Nova is doing," he said.

"Nova is actually a company which understands the value of data and have positioned themselves to help larger organisations to control the confusion and chaos which can arise.

"It helps to relate to where the data is today and where it needs to be and working with its clients to realise what it is that they are trying to achieve so that they understand from a business context and then our senior architects and developers will be able to support those requirements using technology which they have already invested in."

The re/insurance industry, banking and Government are some of Nova's biggest clients.

With so many variables to the re/insurance sector and the extensive information requirements for making sound business decisions, he thinks Nova is well-placed to capitalise on the situation using its expertise to implement data from different sources to produce a solution for these companies via the likes of testing and quality assurance, risk modelling and portfolio optimisation.

"We can take any process that is a challenge and apply the rules of compliance and transparency with the technology to really enable the automation of the business's network," he said.

"It speeds the process up because there is less guess work and it makes it more effective from a knowledge perspective, making workers more productive and able to do more of the strategic work than the manual work.

"We can really help the client design what they want, even if it doesn't exist today — all we have to do is marry their vision with all of the tools we have available."



»  Print this article
»  Print this article with picture
»  View related stories

Message:


Your name:
Your e-mail address: 
To e-mail address:


 




US solar company sets up Bermuda subsidiary
 
Inflation rate inches up to 1%
 
BA announces Valentine's seat sale
 
Axis sees Q4 profit soar to $282m
 
AS Cooper relaunches website
 
BSX holds steady
 
AIG hires Hancock to oversee finance and risk
 
India's growth set to accelerate
 
Watch out for retroactive US tax legislation
 
Chamber hosts US tax sessions
 
UK report calls for EU to impose stricter limits on carbon dioxide emissions
 
Santander set to wait
 
Be aware of the risks when you embark on a workplace romance
 
THE JOB with MIKE JONES
 
'Mancession' improves workplace gender balance
 

 
Nova's Steiman spearheads effort to help firms capitalise on software::
 
Cool off and save on energy
 
Tech specialist Nova aims for rapid growth
 
Plumeri: We can sell on value rather than price::
 
Top reinsurance recruiter upbeat on local�s prospects
 
Fairmont focuses on leisure as corporate group business dips::
 
















Copyright ©2010 The Royal Gazette Ltd.
For more info or comments please contact webmaster@royalgazette.bm