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Infodynamics Technologies faces a dilemma on whether to expand its business by innovating a new software product or focus on its current projects. It has been granted funds to develop its current software but will soon graduate from its business incubator. The company needs to decide if it should take the risk to innovate or stagnate. It is recommended that Infodynamics develops both its current and new software products by establishing timelines, building an in-house software team, and continuing to receive government support to maximize its potential for growth.
Infodynamics Technologies faces a dilemma on whether to expand its business by innovating a new software product or focus on its current projects. It has been granted funds to develop its cu…