Open Technology Report: Comparison of Vend and Xero

This report provides an analysis of open technology, focusing on two companies: Vend and Xero. Vend, a smaller organization, utilizes open technology in its retail management software, including e-commerce, reporting, and inventory management, to streamline its operations. Xero, a larger organization, leverages open technology through its cloud-based accounting software, emphasizing its SaaS model to manage large datasets efficiently across numerous countries. The report highlights the benefits of open technology, such as enhanced security and efficient data management, and how both companies use these technologies to achieve their business objectives. The report also includes references to support the analysis.

Running Head: OPEN TECHNOLOGY
OPEN TECHNOLOGY

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Table of Contents
Company Background/Open Technology..................................................................................2
Vend (Small organization).....................................................................................................2
Xero (Big Organization).........................................................................................................2
References..................................................................................................................................3

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Company Background/Open Technology
Vend (Small organization)
Vend is a private software organization that delivers many software services to their specified
consumers. Vend offers an opportunity to the retail organization to business in a systematic
manner by considering the retail management software (Vend, 2019). For operating this
business this organization has used much software that is associated with E-commerce,
reporting analytics, customer loyalty, and inventory management. This organization is using
the open technology for managing their internal as well as external sources and make a
reliable conclusion in the context of organizational goal. The POS software is a kind of open
technology that is used by this organization to make innovation in their business and
effectively operate their business. The main advantage of using this technology is that it
assists the firm in smoothly operating their business.
Xero (Big Organization)
Xero is another organization that offers software services to their targeted consumers. This
organization has NewZeland dominated but it is listed in the Australian stock exchange
(Beautiful business, 2019). This firm has used open technology as it provides a path that is
associated with cloud-based accounting software for the small as well as medium-sized
enterprises. This organization has practiced the SaaS model that is kinds of open technology
and praised for making security and smoothness in the business process. The main reason for
selecting this tool is that it helps to manage a huge amount of data in less time. This
organization is dealt with more than 180 countries hence this software will be more suitable
as compared to other tool. This tool facilitates to the firm to offer the software as a service. It
could increase security in the working place (Raikar, Desai, Vijayalakshmi, & Narayankar,
2018).

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References
Beautiful business (2019). About us. retrieved from: https://www.xero.com/us/about/
Raikar, M. M., Desai, P., Vijayalakshmi, M., & Narayankar, P. (2018, September).
Augmenting cloud concepts learning with the open source software environment.
In 2018 International Conference on Advances in Computing, Communications and
Informatics (ICACCI) (pp. 1405-1411). IEEE.
Vend (2019). About us. retrieved from: https://www.vendhq.com/about-us