LUCRUM: 15 Years and Counting…

February 16, 2008

Today’s the 15th anniversary of the founding of LUCRUM. Wow, that’s seems like a long time ago! At the same time, it also feels like yesterday! Our industry is a great industry because it never gets boring. The idea that we can problem solve in our customers’ business using some of the latest technology and techniques is still as rich in opportunity as the first day we were in business. I still remember that first day. I called about 20 different customer/prospects that I knew in the regional marketplace with the announcement that I had formed a new consulting company called, “Client Server Associates.” We were going to focus on the new paradigm of developing business software outside of the mainframe on PC’s and their network servers. It was a very “bleeding edge” concept at the time, and as you know, the rest is history.
It was also very “new” to think of business cycles lasting only a few years instead of the normal 7 year cycles. In fact, I was brash enough at the age of 33 to tell customers that the cycles were going to be “months-long” instead of years long. Boy, was I ever disruptive! In today’s economy, the switch from “build product and the market will come” to “mass customization of all products and services” has created such a huge market in business consulting and developing software solutions. I’ve skied out in Utah this season a few times and the ski “ticket” is now an RFID card that “swipes you” when you go through the turnstiles onto the ski lift! No more checking your ski tag! They also allow for you to go to their website and see how many ski runs you made and what the vertical feet added up to! Another benefit for the avid skier! Our whole world is going to change over the next five years in leveraging the RFID technology, mobile computing with Blackberries and other platforms, as well as the whole concept of “predicting” what the customer wants and suggestively selling or recommending your services in a way that you think they “really know you.” The fact is, they really do know you! “Predicting” needs and requirements is a big portion of the “data management” strategy of any company. They won’t be able to do this themselves in most situations since most companies don’t have an “inventive and build” culture. This is where LUCRUM is going to leverage our strengths and brain-power to provide these kind of services for the market. It’s going to be a very interesting “next 5 years!”

Happy Anniversary! JB

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