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OUTSOURCING 2.0: The trends, strategies, and the future
July 25, 2023
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by
Aleksandra Džinović
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Explore the future of outsourcing business model, emerging trends, specialized skill sets, data security, automation, collaboration, sustainability, and customer experience focus in our newest blog!
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In today's rapidly evolving global landscape, businesses are constantly seeking innovative approaches to maximize efficiency, reduce costs, and stay ahead of the competition. One such strategy that has gained considerable traction is outsourcing. 

By entrusting specific tasks or operations to external vendors or specialized service providers like Quantox Technology, organizations can focus on their core competencies while benefiting from cost savings, access to skilled talent, and enhanced flexibility. However, as the business environment continues to evolve, so does the outsourcing landscape. 

In this article, we will explore the future of the outsourcing business model, examining emerging trends, shifting paradigms, and potential use cases.

The Statistics Behind Outsourcing Business Model

To begin, it is crucial to highlight some key insights from various research conducted throughout the past few years that shed light on the outsourcing landscape and its potential trajectory. While each source provides a unique perspective, they collectively indicate several common trends and themes. 

According to a survey conducted by Deloitte, 70% of companies reported that they currently outsource or plan to outsource a portion of their operations. This demonstrates the enduring appeal and relevance of outsourcing as a strategic business approach.

Moreover, the research emphasizes the importance of global talent in outsourcing strategies. It highlights how organizations can leverage outsourcing to access a diverse range of skills and perspectives, resulting in enhanced innovation and problem-solving capabilities. This aligns with the notion that outsourcing enables companies to tap into a vast global talent pool, facilitating access to specialized expertise that may be scarce or costly to acquire internally.

''Implementation of emerging technologies in companies worldwide 2021-2022''-by Statista

Additionally, the Statista research provides insights into the future of IT outsourcing and the impact of emerging trends such as Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML). These technologies have the potential to revolutionize traditional outsourcing models by automating repetitive tasks, improving efficiency, and enhancing the quality of service delivery.

Evolving Strategies: Navigating the Future of Outsourcing

Looking ahead, the future of the outsourcing business model holds immense potential. As businesses strive to stay competitive and adapt to changing market dynamics, outsourcing will play a vital role in their strategies. Here are some key trends and developments that are shaping the future of outsourcing:

Specialized Skill Sets: 

The demand for specialized skills will continue to grow, and organizations will increasingly rely on outsourcing to access these skills. Whether it's technologies like blockchain, cybersecurity, or data analytics, outsourcing provides a cost-effective way to leverage niche expertise.

As technology continues to advance at a rapid pace, specialized skills are becoming increasingly important for businesses to stay competitive. According to a study by Statista, the demand for professionals with expertise in emerging technologies is on the rise. 

For example, the growing significance of cybersecurity and data analytics is driving the demand for professionals in these fields. As the volume and complexity of cyber threats increase, organizations need to ensure their data and systems are secure. Outsourcing cybersecurity services to specialized providers with expertise in threat intelligence, incident response, and network security can help businesses mitigate risks effectively.

This is where Quantox Technology excels as a leading outsourcing partner. With a proven track record in blockchain development, cybersecurity solutions, and data analytics services, Quantox offers the ideal skill set to tackle the challenges of the future and give organizations access to a highly talented team proficient in threat intelligence, incident response, network security, statistical modeling, predictive analytics, and machine learning.

Data Security and Compliance: 

With increasing concerns over data security and privacy, organizations will place greater emphasis on selecting outsourcing partners with robust security measures and compliance frameworks. Service providers will need to demonstrate their ability to handle sensitive data and adhere to relevant regulations.

Data security and compliance are critical considerations when outsourcing. Organizations must ensure that their outsourcing partners have comprehensive security measures in place to protect sensitive information. This includes implementing strong access controls, encryption, and secure data transmission protocols.

In addition to security measures, compliance with industry regulations and standards is essential. For instance, in healthcare, outsourcing providers need to adhere to regulations such as the Health Insurance Portability and Accountability Act (HIPAA) to ensure the privacy and security of patient data. Organizations should thoroughly assess the outsourcing partner's compliance track record and certifications to ensure they meet the requirements.

According to a report by PwC, 88% of companies surveyed were concerned about third-party data privacy and cybersecurity risks. To address these concerns, organizations are implementing stringent due diligence processes when selecting outsourcing partners. This includes conducting comprehensive risk assessments, performing security audits, and establishing contractual agreements that define data security and compliance requirements.

Automation and Artificial Intelligence: 

As mentioned earlier, the adoption of automation technologies such as RPA, AI, and ML will reshape the outsourcing landscape. These technologies will streamline processes, improve accuracy, and enable service providers to deliver enhanced client value.

Integrating automation technologies in outsourcing operations is transforming how tasks are performed. Robotic Process Automation (RPA) is being widely adopted to automate repetitive, rule-based tasks, reducing errors and increasing efficiency. According to a report by Grand View Research, the global RPA market is expected to reach $10.7 billion by 2027, driven by the need for cost optimization and process efficiency.

Artificial Intelligence (AI) and Machine Learning (ML) are also reshaping the outsourcing landscape by enabling intelligent automation and data-driven decision-making. AI-powered chatbots are increasingly used in customer service outsourcing to provide quick and accurate responses to customer queries. ML algorithms analyze large volumes of data and generate insights, improving forecasting, fraud detection, and personalized recommendations.

The benefits of automation technologies in outsourcing are significant. They lead to reduced manual effort, faster processing times, improved accuracy, and cost savings. Service providers that embrace automation can offer enhanced value to their clients by delivering services with greater speed, efficiency, and quality.

Enhanced Collaboration: 

Effective communication and collaboration are crucial aspects of outsourcing partnerships, especially when working with remote teams or globally distributed service providers. At Quantox Technology, we recognize the significance of seamless collaboration, and our advanced communication tools and platforms facilitate efficient project management and knowledge sharing.

Cloud-based collaboration tools, such as project management software, document-sharing platforms, and video conferencing solutions, enable real-time communication and collaboration across different time zones and geographical locations. These tools enhance transparency, enable seamless coordination, and promote a shared understanding between the client and the outsourcing provider.

In a survey conducted by Deloitte, 60% of companies stated that effective collaboration and communication are the most critical factors in successful outsourcing relationships. As your trusted outsourcing partner, Quantox Technology is committed to bridging the gap between internal teams and external service providers, fostering strong working relationships, and ensuring the achievement of shared goals. 

Sustainable and Ethical Outsourcing: 

As businesses increasingly focus on corporate social responsibility, sustainability, and ethical practices, they will seek outsourcing partners who align with their values. This includes considerations such as fair labor practices, environmental consciousness, and social impact.

According to a survey by Nielsen, 66% of consumers are willing to pay more for products and services from companies that demonstrate a commitment to positive social and environmental impact.

Environmental consciousness is also a growing concern. Businesses are increasingly seeking outsourcing partners that embrace sustainable practices, such as reducing carbon footprint, implementing eco-friendly initiatives, and promoting recycling and waste reduction.

To ensure sustainable and ethical outsourcing, organizations should conduct thorough due diligence on potential service providers, assessing their corporate social responsibility policies, certifications, and track records. 

Customer Experience Focus: 

Customer experience has become a key differentiator for businesses across industries. Organizations are recognizing that outsourcing can be leveraged to enhance customer service, improve response times, and deliver personalized experiences.

Outsourcing partners can provide dedicated customer support teams trained to deliver exceptional service and efficiently handle customer queries. This includes support through various channels such as phone, email, chat, and social media, ensuring seamless omnichannel communication.

Moreover, service providers can leverage customer data and analytics to gain insights into customer preferences, behavior patterns, and pain points. This data-driven approach enables businesses to deliver personalized experiences, tailored recommendations, and proactive support.

According to a report by Salesforce, 84% of customers consider the experience provided by a company as important as its products and services. By outsourcing customer experience functions, organizations can leverage service providers' expertise and specialized skills to enhance customer satisfaction, loyalty, and advocacy.

Embracing the Shift: Unlocking the Potential of Outsourcing with Quantox Technology

It’s undeniable that the future of the outsourcing business model looks promising, driven by evolving technologies, increasing globalization, and changing market dynamics. The reports and surveys indicate a continued upward trajectory for outsourcing, with a focus on IT staff augmentation, access to global talent, emerging technologies, and optimized operational efficiency.

Quantox Technology multiplies the benefits of outsourcing: cost savings, access to specialized skills, and increased flexibility.

By entrusting non-core activities to our expert team, your organization can focus on core competencies and strategic growth.

As the future unfolds, those who embrace the potential of outsourcing and adapt to emerging trends will be well-positioned to thrive in a highly competitive global marketplace.

Partner with Quantox Technology today and unlock the full potential of outsourcing to drive growth, innovation, and sustained success. Let’s Talk!

Next Stop for Quantox - Affiliate World conference in Barcelona
July 5, 2023
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by
Nađa Vukićević
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Quantox is attending AWC Barcelona, from the 12th to the 13th of July. Let's meet!
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Affiliate World Conference is a place where the industry’s brightest minds absorb mastermind-level content on stage!

The world’s top affiliate marketers and e-commerce entrepreneurs will meet in Barcelona from the 12th to the 13th of July,  and represent actionable insights, data-driven knowledge and innovative ideas. 

As a leading software development company, with a wide range of services, Quantox will be on the spot, offering quality software solutions and outstanding digital experience to more than 5000 attendees. Drop by our booth C36 and meet the Quantox crew - Filip Karaičić / CEO, Danijel Petrović / COO, Petar Slović / CINO and Marko Ristanović / Resource Manager.

Can you think of a better way to network, interact and look for potential collaboration? 

Location: Fira de Barcelona, Spain, Avinguda de la Reina Maria Cristina, s/n

Booth: C36

We are thrilled to meet you in Spain!

News
Quantox on C-level Panel #2 by Adriatic Valley
June 22, 2023
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Nađa Vukićević
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Adriatic Valley's C-level panel #2 in Belgrade on June 29 explores ChatGPT's impact on software engineering. Join Quantox and founder Vuk Popović for networking and insights.
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Adriatic Valley is a tech community currently located in Banja Luka. 

With the aim of professional networking and career development within the IT industry, this community organizes various events such as panel discussions, meetups, and workshops. 

Adriatic’s upcoming event is a  C-level panel #2, in Belgrade. Quantox will be there, with our founder Vuk Popović. The main topic is ChatGPT vs The Future of Software Engineering, and all the participants will share their thoughts about the influence of ChatGPT on this industry. 

The panel will be on June 29 @ Dorćol Platz, starting at 6 PM. If you want to attend, you can register here.

Looking forward to listening, sharing experiences, and meeting great people!

Pomoć onima kojima je najpotrebnija!
June 2, 2023
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by
Nađa Vukićević
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Quantox Technology joins the mission of collecting funds within the donor evening organized by the humanitarian organization "Serbs for Serbs".
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Quantox Technology se priključuje misiji prikupljanja novčanih sredstava u okviru donatorske večeri koju organizuje humanitana organizacija “Srbi za Srbe”.

Donatorsko veče biće održano 20. juna u hotelu Royal Residence u Čačku sa ciljem pomoći porodici Bešanski, kao i Narodnoj kuhinji na Kosovu i Metohiji.

Domaćin dogadjaja biće proslavljeni košarkaš Srbije Aleksa Avramović, a sve prisutne očekuje bogat program! Cena ulaznice je ujedno i donacija - minimalne vrednosti od  100 eura po osobi. Pozivamo sve zainteresovane da učestvuju u sakupljanju 50.000 eura i doprinesu ovim humanim ciljevima.

Humanitarna organizacija “Srbi za Srbe” u proteklih 18 godina prikupila je više od 11 miliona evra i pomogla više od 3 hiljade porodica. 

Pridružite se akciji i podržite one kojima je pomoć najpotrebnija!

Prijave za donorsko veče poslati na e-mail adresu: donatorskovece@srbizasrbe.org 

Dokumentacija plana podele
June 1, 2023
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by
Admin
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Dokumentacija
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Više informacija je dostupno putem linka: https://drive.google.com/drive/folders/1dCaiaLw3YY4K7l81y4nIeEzoDfIsp2Or

Blog
HIT CS:GO 2023 - INTERVIEW WITH THE WINNERS
April 27, 2023
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by
Nađa Vukićević
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HIT CS:GO, but this time from a players' perspective! Read our interview with the winning team of 2023 HIT CS:GO humanitarian tournament and meet our champions!
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WHAT A GAME!


After 4 exciting days and a fair play fight - we have the champion of HIT CS:GO Vol.4!

Traditionally held in April, the HIT CS:GO tournament gathered the IT community again for the 4th time in a row.

The number of registered teams, companies and fund donations exceeded the previous years - over 40 teams from more than 35 companies competed in the famous Counter Strike: Global Offensive game!

In 2023, the tournament was dedicated to the youngest, with the goal to improve conditions in maternity hospitals and together we collected 2,291,900 RSD!


HIT 2023 WINNERS:

🥇 Quantox Technology

🥈 Vega IT

🥉 Levi9


We spoke to the winning Quantox team - Miloš Aksentijević, Marko Mitić, Luka Petrović, David Simonović, and Dušan Savanović - for the BTS of becoming a HIT CS:GO champion.


What are your impressions of the HIT Vol.4 tournament? How would you describe the atmosphere this year compared to previous years?

The whole team is united as much as coordinated!

Miloš Aksentijević / Ax.

The impressions are very positive, and the first place contributes a lot to that feeling. The idea is great and I would like it to expand so more teams and donations are coming from year to year.

Luka Petrović / hJk-.^

As in previous years - very positive impressions, a noble goal, and good banter.

Dušan Savanović / dukizen

The impressions are phenomenal! First of all, we love CS:GO, and especially the fact that this is the same team that has been playing and hanging out together for years. Also, the support from colleagues and the entire company truly surprised us and it was nice to see cheering in such a large number!


Who was the most challenging opponent during the competition?

The score shows!

Milos Aksentijević / Ax.

I couldn't decide on one team, so I'll say Levi9 and Vega IT. 

Levi9 seemed to have people who are very good at shooting, maybe even better than Vega. However, Vega was a tactically more prepared team.

Marko Mitić / MiTke-_o

Levi9 and VegaIT definitely. We won Levi9 with a score 2:0, but both maps were very close, and VegaIT took one map from us. If I have to choose one opponent - it would be Levi9.

Dušan Savanović / dukizen

From my perspective, definitely Levi9. Although we met them in the semi-finals, it was clear that the game was played at a much higher level, and this was shown on the first map, Vertigo, where we played as many as three overtimes. The boys from Levi showed a really competitive spirit and we had a really good match.

We witnessed a very tense final of the tournament. Were there any decisive moments in the match and which tactics made the difference?

Maps & tactics - a winning combination!

Miloš Aksentijević / Ax.

Maybe there weren't so many decisive moments, but there were a lot of different tactics from our side. The idea was to occupy as much space as possible on the map, play more aggressively as CT, and make faster rotations. 

Luka Petrović / hJk-.^

I wouldn't say that there were any decisive moments. On our map peak and on the third map we played superbly, and the tactic was not to give them space to play their game - to attack and occupy space.

David Simonović / Unik ACM

There was tension in the final - as in every game. The opposing team led in some moments, where various factors had an effect. Primarily, it was a drop in concentration, which had the greatest impact during the game, and further, there have been short breaks between the semi-final and final matches.


Did you expect to win?

Expectations are expectations - and the result is in the end!

Marko Mitić / MiTke-_o

Honestly, yes... we knew it wouldn't be easy, but we were sure that we could win the tournament.

Luka Petrović / hJk-.^

Yes, because when it was announced that HIT will be organized again this year, we started to prepare and gather 2-3 times a week and play.

Dušan Savanović  / dukizen

I definitely didn't expect us to win and I can't say that my teammates would agree with me here. Not because of a lack of self-confidence, but because of the very fact that every year the tournament has attracted very good teams and players.


We believe that in addition to the tense fight, there were also plenty of laughs. Share some interesting anecdotes from the tournament :)

Enjoy the game!

Miloš Aksentijević  / Ax.

There was a lot of laughter and cheering, which is probably the key to our success. At no point did I feel like we were losing and that we didn't have a solution, so this made us play a very calm game at the top level.

David Simonović / Unik ACM

The whole tournament passed in a relaxed rhythm without tension, and that is the purpose - to enjoy the game, and victory comes just as a bonus!

Dušan Savanović  / dukizen

There was a lot of laughter, but I will point out one anecdote. Our teammate and colleague Mitke (Marko Mitić) is often overrun by planes when we play. It's not because he lives next to the airport - but because he plays the game on his laptop, which gets quite loud after a while.

So we persuaded him to put a “push to talk“ button to avoid those loud noises. During the finale, at one point, Mitke forgot to release that button, so we just heard Luka shout: MITKE AIRPLANE! 

And we really had a good laugh!


Laughter is a cure. Good competition is healthy. Enjoy the game. Help the community.

We are proud that HIT lasts and unites.


See you next year!

News
Quantox Technology Attends AW Summit in Bucharest
April 19, 2023
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by
Nađa Vukićević
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Quantox Technology is attending AW Summit in Bucharest, once again exchanging ideas and innovations by nurturing it's business relations in the industry.
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AW Summit at Bucharest is a merge of learning, innovation and networking!

More than 300 companies from different industries and from 80 countries will meet in Bucharest from 7th to 9th of May with the common goal to network, learn and share their practice.

As the largest European hub for affiliate marketers, digital companies, monetization platforms, entrepreneurs, content creators and social media specialists - the AW Summit conference gathers all those who are experienced in their business fields, willing to exchange ideas and build new business relations. 

With excellent keynote speeches, workshops, expo, and networking events, we are proud to be part of such a event with Quantox C level crew - Vuk Popović/ Founder, Filip Karaičić/ CEO, Danijel Petrović/ COO and Marko Ristanović/ Resource Manager.

As a leading software development company with a diverse team of tech professionals, we are creating top-notch software solutions and offer all-around IT support.

Location: Piața Presei Libere 3-5, Bucharest

Booth#: 2

We are waiting to meet you in person in Bucharest and discuss the latest IT topics and possible ways of successful collaboration!

News
Experience nature with the Fruška Gora Trail
April 12, 2023
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by
Nadja Vukićević
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Quantox continues to support the Fruška Gora Trail - a favorite recreational event that promotes healthy life and good habits for the last 46 years!
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Quantox supports one of the oldest sports events in Serbia!

Just like in 2022, Quantox continues to support one of the oldest sports and recreational events that promotes healthy life and good habits for 46 years - the Fruška Gora Trail!

The oldest mountain and ultra-running marathon in Europe this year will be held on 22nd and 23rd of April. 

What does the Fruška Gora Trail stand for?

Quality time in nature and nurturing health habits!

Through 14 tracks of different lengths and height differences, the Fruška Gora Trail offers the chance to to experience all the beauty of the Fruška Gora National Park, as a recreationalist or as a experienced professional trail runner. 

https://www.fruskogorski-maraton.com/en/marathon-trails/

When does Fruška Gora Trail start?

The official opening of the event is scheduled from 08:45 to 08:55 on the 22nd of April, and at 9:00 - the 46th Fruška Gora Trail will officially begin!

Sunday, April 23 from 11 am, is reserved for the youngest! Only children of preschool age accompanied by parents or other authorized adults can participate in the Path of Joy and Pleasure.

During a hiking tour or competitive race, all participants can feel the natural beauty of Fruška Gora - forests, streams, waterfalls, fresh air - but also, this is an opportunity to get to know the cultural and historical heritage. Along the marathon paths, you can see numerous Serbian medieval monasteries - Grgeteg (XV c.), Staro Hopovo (XVI c.), Novo Hopovo (XIV c.), Jazak (XVI c.), Bešenovo (VIII c.) Fruška Gora hamlets and tourist facilities.

Do not miss the unique opportunity to spend this weekend actively in nature!

After running kilometers and successfully completing the race - we are waiting for you to take a break in the Quantox Chill Out zone!

See you on the Fruška Gora!

News
QUANTOX IT League Story
April 4, 2023
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by
Nađa Vukićević
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What is Quantox IT League, how it started and what is it's goal - read in our newest blog post!
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QUANTOX IT League is the first sports competition of this type in Serbia!

A motivation to enable people in this industry to play sports and connect - resulted in a project which is unique and new in our country.

So far, 5 seasons of the Quantox IT League and 4 seasons of the Summer League have been played in over 800 matches and with a common goal - good fun, quality games, and an opportunity to meet and connect with colleagues from the industry.

With Luka Bulatović, the director of the IT League, we discussed the idea of ​​gathering IT companies in one place through a sport and the advantages this kind of competition provides and promotes.

The Quantox IT league was formed 6 years ago. What was the initial motive behind the establishment of the corporate basketball league and has the main idea changed to this day?

Six years ago, we gathered at the basketball court where we played basketball once a week. Back then we were teammates on the court, and today, we are the organizers of the Quantox IT League. We moved from the court to the offices and thought about how to connect with other IT professionals and set a new standard that the IT world deserves.

We are aware of the fact that it is very difficult to find free time for physical activity, but when you have a team that motivates you - then basketball training and games become an immense pleasure.

To this day, the same idea remains and we are proud of the entire organizational team as well as all the companies that have trusted us and have been participating for years.

What is the main vision of the Quantox IT League and where do you see it in the coming years?

The idea for this project arose as a desire to present the entire competition in a different light. Our mission is to create an inspiring, creative, and positive environment that encourages unhindered freedom of expression through sports. The club's vision is for people from the IT sector to play sports and meet new colleagues from the profession and also raise their work to an even higher level through the Quantox IT League.

For now, the League gathers only basketball players, but we plan to expand this project to other popular sports. The biggest challenge is to attract more companies that will be part of the league, and we plan to do that with constant improvement of conditions and through introducing novelties.

More than 50 IT companies and about 1500 players have gone through the IT League. What are the key impressions of the competition?

We are proud of the numbers that show us that we worked hard all these years to reach the 6th season and 32 teams. During this competition, some of the teams improved their game thanks to the good organization within the team and a large number of training sessions. 

The reasons for participating in the Quantox IT League differ, from recreation, socializing with colleagues, and strengthening team spirit. Furthermore, one of the main competitive motives is raising the trophy at the end of the competition. And yet, above all these, the most interesting part for the participants is the "third half", when they stay after the game and hang out.

What do the companies that are part of the league see as the biggest benefit?

The Quantox IT League offers companies the opportunity for their people to spend quality time participating in a sport & recreational competition with their team. This way, they improve both their physical and mental health. This is one of the ways for colleagues to get closer to each other, get to know each other better, and spend quality time outside the office together, in a different environment. Further benefits are that, over time, members begin to understand each other better, develop better relationships and have more open communication.

What is the main drive of people who are part of the IT League?

Winning and losing are integral parts of every game. Every team has ups and downs. What drives them are the good results they achieve in matches. Another major motivator is the fans who are there to encourage and cheer for their favorites in the stands!

We believe that the conditions in our league are at the highest level in the country, but we can do even better. The real challenge is to overcome yourself, to do something new. Challenges are what actually drives us!

The IT League has recently gathered 32 basketball teams and organized an humanitarian All-Star event for the treatment of four-year-old Helena Živković from Čačak, who suffers from autism. Hardware and Software teams competed to help little Helena, and collected 126,900 dinars from ticket sales. This is just one of the many ways in which this kind of sports competition contributes to individuals and communities when needed.

The fifth season of the Summer IT League is beginning soon, and registrations start on the 17th of April.

See you there as we continue to strengthen the IT community through team spirit together!

PER DATA AD ASTRA: Quantox at Geekstone Meet-Up Event
March 16, 2023
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by
Nađa Vukićević
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How to connect artificial intelligence and shooting stars? Well, you can find the answers to these questions from our Dušan Pavlović, Data Scientist in Quantox Technology
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How to connect artificial intelligence and shooting stars?

Well, you can find the answers to these questions from our Dušan Pavlović, Data Scientist in Quantox Technology, who will give a lecture PER DATA AD ASTRA on 23th of March at the Geekstone Meet-Up Event.

Dušan will demonstrate such a connection and talk about how computer vision, deep learning, and research on meteors - shooting stars - overlap. 

One of the topics is how relatively easily you can apply your knowledge of neural networks to solve the problem of automatic detection of meteors in astronomic data made by radio detectors. This problem is one of the most complex ones in this field and our understanding of different problems in the Solar System depends on it.

As someone who studied astrophysics, being an author and the host of the science podcast "Radio Galaxy '' while engaged in the physics of meteors and meteorite astronomy for years, Dušan will show one of the examples of how to apply Data Science to scientific data!

The lecture will be held in Serbian and the entrance is free!

Thursday, March 23, 2023

6:00 - 8.00 PM 

Science and Technology Park

Fruškogorska 1, Novi Sad

Save the date and welcome to the World of Data!

Register at the link

https://www.meetup.com/geekstone/events/292131441/?isFirstPublish=true

Together 4One! HIT CS:GO Vol.4 registration has begun
March 15, 2023
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Nađa Vukićević
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Serbian IT companies will gather from 3rd to 6th of April at the CS:GO Vol.4 charity tournament.
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The traditional spring CS:GO tournament is upon us!

Serbian IT companies will gather from the 3rd to the 6th of April at the CS:GO Vol.4 charity tournament.

Motivated by the important topic and achieved results from the previous year,

we decided to stay with the same goal - in 2023 the IT community will be playing for Serbian maternity hospitals and better conditions for the youngest and their mothers!

Companies can register up to 3 teams and donate the financial funds to the common fund. As in previous years, the start for one million dinars is provided by Quantox.

After the closing of applications, by public voting and filling out an anonymous survey, we will together decide which maternity hospital we are helping this year!

 We hope that the HIT CS:GO crew will expand this year with new companies and teams that will compete, have a great time and show that the greatest victory is humanity.

Register your team by the 31st of March.

Link for team registration and more information: https://hitturnir.com/

It's time to play even harder!

QUANTOX at Haufe X360 Summit
March 14, 2023
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by
Nađa Vukićević
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Meet us from the 29-30 of March, we are looking for an exchange of experience and ideas that will improve the digital world and shape our future!
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Meet us on 29 - 30 March

We are looking for an exchange of experience and ideas that improve the digital world and shape our future!

Gathering together Haufe experts and IT companies, partners, and clients, the Haufe X360 Summit takes place at the Kameha Grand Hotel in Bonn from the 29th to the 30th of March.

Lecturers from Haufe and Acumatica - the platform on which Haufe is based- will discuss planned system innovations and software improvements. 

We are looking forward to hearing from great people, meeting other Haufe partners, and sharing experiences and ideas.

The Quantox Crew will be there!

  • Dušan Milojević / Head of Managed Services
  • Thomas Priemel / ERP Consultant
  •  Darko Šarenac / Partnership and Business Development Manager

You can meet our people and find out more about our services, advanced digital solutions, and models of cooperation. We are happy to have a chance to network with new potential clients and all new partners ahead!

Summit Agenda and more info can be found at the link

News
How to use the power of T3 stack and tRPC to create full-stack applications
February 27, 2023
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by
Nađa Vukićević
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In this talk, you'll learn how to harness the power of T3 stack and tRPC to easily create full-stack serverless applications. We'll dive into the benefits of using tRPC in NextJS to create modern and scalable web apps.
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Petar Slović, Chief Innovation Officer @ Quantox Technology, will give a lecture at a workshop organized by DaFED at the Rectorate of the University of Novi Sad on March 1, starting at 6 p.m.

At Peter's workshop "Simplifying Full Stack Serverless Development with tRPC in NextJS" visitors will have the opportunity to learn how to use the power of the T3 stack and tRPC to create scalable full-stack serverless applications.

DaFED is a non-profit organization dedicated to creating educational workshops and networking events for designers, developers, and all tech and innovation enthusiasts.

Discover the benefits of using tRPC in NextJS and learn how tRPC can facilitate the creation of secure and efficient serverless APIs without burdensome infrastructure management.

The workshop is free, and you can find more information, registration, and a link to the live stream at https://dafed.org/

Blog
Data & AI Use Case
February 22, 2023
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by
Nađa Vukićević
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Over the past few years, Data and Artificial Intelligence have become the most trending technology used across all industries. Yes, technology (singular) because Data and AI need to work in synergy to generate the best results.
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Over the past few years, Data and Artificial Intelligence have become the most trending technology used across all industries. Yes, technology (singular) because Data and AI need to work in synergy to generate the best results. 

By the time the term 'Data' was coined, there was already so much of it that IT professionals and computer scientists quickly realized that sorting out and parsing all the data and, at the same time, analyzing the same data would be impossible for humans. They knew that if anything could help, it would be AI algorithms that would be able to derive valuable real-time insights from that much data. 

The merge of these two disciplines created a technological boom changing businesses left and right. But how exactly?

 

AI for Business

Unlike a decade ago, the internet is now filled with data providing important information about consumer habits, likes, dislikes, personal preferences, and activities. This type of data, when paired with AI technology, can help businesses:

  • boost efficiency with various process automation solutions
  • improve consistency and speed of service
  • use customer insight and review to inform decision-makers
  • discover new opportunities for new products and services
  • it can detect fraud threats
  • optimize supply chain operations

 

We could list the benefits of AI for business for days. However, many people would still need clarification, a concrete example, about how to get a taste of some of these benefits and how they can improve their business operations with AI. 

Here at Quantox Technology, we believe in a practical approach and the power of learning. With more than 550 IT experts, our team has some of the best mentors in the industry, ready to convey the usage and possibilities of their products in the simplest way. 

 

Quantox E-commerce AI Solution Use Case

The Quantox team was introduced to an e-commerce client that needed an AI solution to simplify one part of their working process. Our client had an online furniture store where they sold design furniture and artwork. So naturally, they've set up a webshop with thousands of furniture listings where you can filter your search based on your preferences. For example, you could filter furniture by type (beds, couches, sofas, tables), color, manufacturer, material, and many other specifications.

That meant every product needed a string of descriptive words in their specifications for their search filter to work. For example: If you wanted a black table, you would get a listing of any product that mentions the words "black" and "table." But if you wanted a "Sanne Protin black dining table," if labeled correctly, you would get only one result. 

THE PROBLEM

However, the client's problem was not labeling products correctly, rather than the labeling process being money and time-consuming. At that time, their products were being labeled manually, meaning they needed to pay people to input labels individually. 

 

OUR SOLUTION 

To fix this problem, the Quantox Data & AI team proposed they create an automatic labeling system that will save them valuable resources. We created an AI system that takes an ad as an input and returns "labels" as an output, meaning product type, color, manufacturer, and material. In terms of business, the result was a significant decrease in the labeling cost and time to obtain the labels, which generally sped up the entire listing processing, had a considerable impact on their business, and positively affected their business efficiency.

 

 

Translating Human Problems to Data Problems 

1. ASKING THE RIGHT QUESTIONS

So, we were building this system. It's a simple task for a human but could be difficult for a computer. To successfully transfer this business problem into a data problem, we must ask the right questions.

 What would a human do if they had the task of labeling the products?

The trick is to answer these questions in as much detail as possible. For example, some would say, "well, a human would read the description," but the correct answer is, "the human would look at the listing." That means our internal conversation would look something like this:

Through questions, we slowly realize that humans would look at the image and type in what they see. For example, they see a black table, so they would type that it's a table and it's black. They could also read the description to see who the manufacturer is and what material was used. 

 

2. DRAWING THE RIGHT CONCLUSIONS

The answers to our questions told us our system needs to be able to emulate human behavior. Mainly it needs to be able to "see" the images and recognize objects on them, but also recognize text, read it, and understand the meaning of it too in order to extract the vital information needed for labeling.

Well, what can "identify" objects in AI? Computer vision certainly can. 

And how can a computer read and understand text just like a human? With Natural Language Processing, of course.

 

3. THE DATA AND AI MODELS

As always, we needed data to apply to our AI algorithm, so we took around 20 thousand pre-existing labels to train our AI models. The diagram below shows how data trained our models and how it was deployed, monitored, and maintained.

On the left side, you'll notice a very important box saying, "hold out a fraction aside." This means we took a small fraction of data from the 20 thousand label batch (about 10-20%), which is the data we did not show to our model. The reason is simple - we wanted to test our model on that data after it's trained. This way, we can see how our model performs on data it hasn't seen before. 

In the middle, you can see that we have two separate models. One that works with images and one that works with text. Each model is tasked to learn different things, and finally, that information is combined to output the desired information. 

The task is simple: "Build a system that says: This listing is selling a lamp, and the color of the lamp is beige-brown-yellow-ish."

We'll learn how this simple task can quickly become a bit more complicated for a computer.

The listings are given as "image+text" pairs, and we're free to choose from a wide arsenal of AI techniques as long as the solution delivers the desired information that is correct for the majority of the time. In the following sections, we describe some methods we opted for.

Our dataset contains around 20 thousand examples similar to this one, containing images of various furniture types: couches, sofas, tables, wardrobes, etc. In addition, the data includes information about where the object is on the image and the product being sold. We used 15,000 examples to train our AI algorithms (training data), while the other 5,000 we used as test data.

Here's an example of what a typical listing looked like.

Disclaimer: The product shown in the photo is for illustration purposes only and does not represent the actual product of our clients. It is used solely to explain and demonstrate the capabilities of our AI models.

QUANTOX COMPUTER VISION MODEL

Our computer vision model was supposed to extract information from the image. We expected it to localize a lamp and tell us that it is, in fact, a lamp. To do so, our algorithm needed to perform two tasks: object localization and image classification. 

A bounding box consists of 4 numbers representing the coordinates of the box itself:

X_upper_left, Y_upper_left, X_lower_right, Y_lower_right.

Our model, in essence, is a model that tries to predict these four coordinates in an image and assign the label "lamp" to this listing. It does it in such a way that the predicted coordinates should mostly overlap with coordinates provided by humans. At the same time, the product label ("lamp" in this case) should match the human annotations in most cases. 

 

GOAL: Maximize the overlap and assign the correct label.
Now that we know what the model should do let's see how it does it. 

 

WHAT ARE CONVOLUTIONAL NEURAL NETWORKS?

Each image was run through a convolutional neural network (CNN) tasked with learning the features of the image. Neural networks are made of neurons. Neurons group into layers. Layers hold numbers used to process our data (by multiplication and addition). Those numbers represent the knowledge of our network. Intelligence even, if you will.

The CNN model we created contains 53 convolutional layers. Each layer transforms the image by applying a convolution operation on the image. Convolution is actually a whole lot of additions and multiplication following the pixel grid of the image and some additional rules.

What that means is, at a high level, we plug an original image into the CNN, and it goes through each of these layers sequentially. The output of each layer is a slightly modified version of the original image. These modifications can highlight contours and shapes of interest in the original image or blur and make insignificant contours and shapes disappear.

We program the network to tweak the convolution operation and figure out what these shapes are on its own. Then, we let the network try multiple times until the results are satisfactory according to a predetermined criterion. This process of tweaking the layers (or, more technically, tweaking the parameters of the convolutions) is known as training the neural network. 

When the image passes all 53 convolutional layers, we add another two layers, which we construct in such a way that we can read what the network thinks the bounding box is and what is the object residing in that bounding box. Finally, we read predictions from these final layers. They're tweaked similarly to convolutional layers during training. When this lamp was successfully detected, we cropped out the predicted bounding box, extracted the dominant colors, and gave it its first label - a "lamp."

 

 

QUANTOX NATURAL LANGUAGE MODEL

Now that we know how the computer vision part of the solution works, the question arises: "Why do we need text at all? Isn't computer vision all we need because we got the colors and the product?"

Well, not exactly. What if the lamp was labeled differently, for example, "torch"? In this example, it isn't, but there could be a lot of other instances where labels can be nothing more than misleading synonyms. We can't simply rely on one-word descriptions of the product coming from some people we don't even know who labeled these listings. They might have labeled it for a different purpose, who knows. That's why we're complementing the information we extracted from images with the data from text. We're shrinking the margin of error and trying to output results that align with the industry's terminology as much as we can. 

Plus, the computer vision model can detect a lamp and might even detect some sort of cat on the bottom of the lamp. Of course, it's essentially wrong detection (because it's not a cat, but a llama), but the text helps us deal with these cases as well, and now we'll see how.

So, let's get technical. Now suppose that our computer vision model detected both a lamp and a cat.

Now we have two detections: a lamp and a cat. Certainly, a cat is not for sale, nor is it a real cat. It's a cat-shaped pedestal for the lamp, which is probably not even a cat but a llama. This is just to give you a sense of ways these models can be wrong. We need to filter the object detection algorithms' outputs by analyzing text. Remember that the listing description states:

"Created and designed by the famous 20th-century art deco designer Jean-Michelle Jarre, this nightlight can be a great addition to your living room or bedroom for only $99.99". 

Our goal is to search for the words "lamp" and "cat" in this text and find a match. But we would fail if we want to match the exact string of words. There are no words "lamp" or "cat" in the description. But there is the word "nightlight." You'd agree that refers to the lamp. Of course, you would, but how do we build an AI system to figure that out?

That's the goal here. And the tool is, again, a neural network. Specifically, the neural network performing the task of "word embedding," unlike the former network performing the task of "object detection." 

The neural network's inputs are text sequences, and the final output is a numerical representation of the input word. Literally, a sequence of numbers. How many numbers? We can decide that, but the common practice is higher degrees of 2, such as 256 or 512. 

So yes, sequences of numbers, like the lottery, but with one crucial property. When two words of similar contexts, such as "nightlight" and "lamp," are represented numerically, they have similar representation, again by some predefined criteria. However, when words of vastly different contexts are represented numerically, these representations are different, such as "lamp" and "truck," for example.  

So we create a neural network consisting of layers, except they're not convolutional. They're different types of layers, each connected and the final layer from where we can read predictions. Like most NNs, this one also has to predict something, and by tweaking this network, it learns which words frequently co-occur, effectively meaning that the network learns which words are contextually similar. Its knowledge is represented in its layers, which we then extract from the network and use as our "numerical representation of the words themselves." 

When this is trained, we get a numerical representation of all the words from the listing description and all the words from the object detection model, namely, "lamp" and "cat." Now we measure the similarity between the word "lamp" and all the words from the description individually and then repeat the process for the word "cat." The similarity score is a cosine (remember trigonometry?) between the numerical representations of two words for which we calculate the similarity. This cosine similarity ranges between 0 and 1, 0 meaning not similar, and 1 meaning identical. 

Now relying on the fact that the listing descriptions are highly likely to mention the product itself or at least some products' synonyms, we can expect that whatever the product is ("lamp" or "cat"), it will have a high similarity score with whatever the product is in the description. 

  • In this case, the words "lamp" and "nightlight" have, say, the highest similarity between all the combinations, so we say - "THE PRODUCT IS THE LAMP."  
  • The word "cat" will have minimal similarity with the words in the description because the description never mentions animals, cats, dogs, pets, or anything within that context, and context is learned in the neural network, so "cat" will end up omitted. That's how we know - "THE PRODUCT IS NOT THE CAT."

Now let's see the results. 

 

THE RESULTS

When all this is said and done, and the models are trained and validated, it's time to put them to the test and see how they behave on the data they weren't trained on. Remember that the test data contains the "text + image" and the "location + object" parts. We hide the "location + object" part, obtain the predictions from it, and then compare them with the actual location and object. 

When predicting a product, we achieved 91% accuracy on the training set of around 5k examples. As for colors, the number is at about 70% on the same dataset, but it is a pessimistic estimate based on sampling and employing the naked eye to method to say "this is right" and "this is wrong." The reason for that is that people see colors differently. In the case of our lamp, one person can say "beige," but the other person might say "light yellow." Suppose you convert the color names into an RGB system. In that case, they can differ vastly, so if we calculate the Euclidean distance between "beige" and "light yellow" in the RGB coordinate system, we can wrongly conclude that the model made a wrong prediction. In fact, both the model and the person labeling are right. We believe the actual number is much higher than 70% since the errors mostly come from the edge cases where you can argue it's the same color.

 

THE DEPLOYMENT

Once we've run all data through our models and our models were trained and tested, we deployed the model in production. This means that we need to save the models in some sort of model storage, which could be on some location on our server, on our client's server, or on a cloud storage service of choice. In this case, it was the client's server.

Specifically, we used Flask to create a Python API and Docker for deployment. When the API is called, it triggers a forward pass through the neural networks, which returns some predictions. The application then processes those predictions as described above and returns a response. Finally, the client integrates with our model by calling our API from their application, which gets them the desired information. 

They can then process the information however they see fit, e.g., display them in some sort of drop-down menu on their front end or have radio buttons to help their users filter their search when buying furniture. Here's a diagram describing the solution's architecture at the highest level.

And that's it. We described the process of training a computer vision model, a natural language processing model, we touched neural networks a bit, shining a light on what it means to train the neural network, what are "As" and "Is" in "AI," and how the information obtained from these networks is used in practices to improve the user experience when shopping for furniture online! A lot of math and engineering for such a seemingly simple task, right? However, the work pays off when implemented correctly, especially in the eCommerce industry, where there's a great deal of data and many different types of applications for AI solutions.

 

Data, AI, and Quantox - a Perfect Recipe for eCommerce Growth!

Transforming your eCommerce business paradigm in 2023 can make your business stand out from the competition by increasing revenue, conversion rates, and the overall popularity of your brand. Integrating AI technology in your eCommerce business gets that much easier with Quantox Technology team of experts that have been providing Data and AI services and eCommerce solutions for years and have a proven track record of success. Our team will take the time to understand your unique needs and develop a customized solution that fits those needs. So, are you ready to unleash the potential of AI for your eCommerce? Let's Talk!

News
TES Affiliate Conference @ Lisbon 2023
February 21, 2023
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by
Nađa Vukićević
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Quantox Technology is coming to Lisbon with 50 developers available right now! Complete software development from scratch and all-round IT support services.
Read more

Propel Your Business and Find Your New Team Of Developers @TES Affiliate Conference

Lisbon | February 22-25, 2023

Are your software projects delayed due to a lack of developers?
Are you finding it hard to hire and retain good developers?
Are you trying to reduce costs and increase the flexibility to scale your project?
Are you looking for a partner you can trust?

Quantox Technology is coming to Lisbon with 50 developers available right now!

Complete software development from scratch and all-round IT support services.

Pinpoints!
  • 16+ years of experience
  • 550+ experts in the diverse technology stack
  • 13 offices & 7 countries
  • 250+ successful projects
  • Super-quick scaling
  • ISO 9001 and 27001
Boost Your Business!
  • Thorough understanding and approach
  • Flexibility & adaptability to each client and change
  • Managed team & scaling resources to your project
  • Efficiency, excellence, and trust
See You @ TES Affiliate Conference!
3 days, 2000+ participants , 75+ speakers, 200+ exhibitors, 80+ countries

The Oitavos Hotel, Cascais/Lisbon, Portugal
Quantox Booth Location: MMT6

And Meet Our People!

Schedule a Meeting

Alek

If you are looking for a man who will answer your questions about potential partnership opportunities, look no further. Alek is our CDO with solid skills in leading teams and running projects developed over the years.  Do you have projects that need reinforcement, and engineering support or do you need a partner for brand-new software solutions? Talk to Alek and find out more.

Schedule a Meeting

Dan

He is your guy if you have a major project planned or ongoing but don't know quite yet how to ensure your software development is running smoothly. As our COO, with more than 15 years of experience in the IT industry, Dan can understand you and optimize your software development process.

Schedule a Meeting

Welcome where ideas are made possible!

PER DATA AD ASTRA: Quantox at Geekstone Meet-Up Event
March 16, 2023
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by
Nađa Vukićević
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How to connect artificial intelligence and shooting stars? Well, you can find the answers to these questions from our Dušan Pavlović, Data Scientist in Quantox Technology
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How to connect artificial intelligence and shooting stars?

Well, you can find the answers to these questions from our Dušan Pavlović, Data Scientist in Quantox Technology, who will give a lecture PER DATA AD ASTRA on 23th of March at the Geekstone Meet-Up Event.

Dušan will demonstrate such a connection and talk about how computer vision, deep learning, and research on meteors - shooting stars - overlap. 

One of the topics is how relatively easily you can apply your knowledge of neural networks to solve the problem of automatic detection of meteors in astronomic data made by radio detectors. This problem is one of the most complex ones in this field and our understanding of different problems in the Solar System depends on it.

As someone who studied astrophysics, being an author and the host of the science podcast "Radio Galaxy '' while engaged in the physics of meteors and meteorite astronomy for years, Dušan will show one of the examples of how to apply Data Science to scientific data!

The lecture will be held in Serbian and the entrance is free!

Thursday, March 23, 2023

6:00 - 8.00 PM 

Science and Technology Park

Fruškogorska 1, Novi Sad

Save the date and welcome to the World of Data!

Register at the link

https://www.meetup.com/geekstone/events/292131441/?isFirstPublish=true

Together 4One! HIT CS:GO Vol.4 registration has begun
March 15, 2023
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by
Nađa Vukićević
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Serbian IT companies will gather from 3rd to 6th of April at the CS:GO Vol.4 charity tournament.
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The traditional spring CS:GO tournament is upon us!

Serbian IT companies will gather from the 3rd to the 6th of April at the CS:GO Vol.4 charity tournament.

Motivated by the important topic and achieved results from the previous year,

we decided to stay with the same goal - in 2023 the IT community will be playing for Serbian maternity hospitals and better conditions for the youngest and their mothers!

Companies can register up to 3 teams and donate the financial funds to the common fund. As in previous years, the start for one million dinars is provided by Quantox.

After the closing of applications, by public voting and filling out an anonymous survey, we will together decide which maternity hospital we are helping this year!

 We hope that the HIT CS:GO crew will expand this year with new companies and teams that will compete, have a great time and show that the greatest victory is humanity.

Register your team by the 31st of March.

Link for team registration and more information: https://hitturnir.com/

It's time to play even harder!

QUANTOX at Haufe X360 Summit
March 14, 2023
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by
Nađa Vukićević
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Meet us from the 29-30 of March, we are looking for an exchange of experience and ideas that will improve the digital world and shape our future!
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Meet us on 29 - 30 March

We are looking for an exchange of experience and ideas that improve the digital world and shape our future!

Gathering together Haufe experts and IT companies, partners, and clients, the Haufe X360 Summit takes place at the Kameha Grand Hotel in Bonn from the 29th to the 30th of March.

Lecturers from Haufe and Acumatica - the platform on which Haufe is based- will discuss planned system innovations and software improvements. 

We are looking forward to hearing from great people, meeting other Haufe partners, and sharing experiences and ideas.

The Quantox Crew will be there!

  • Dušan Milojević / Head of Managed Services
  • Thomas Priemel / ERP Consultant
  •  Darko Šarenac / Partnership and Business Development Manager

You can meet our people and find out more about our services, advanced digital solutions, and models of cooperation. We are happy to have a chance to network with new potential clients and all new partners ahead!

Summit Agenda and more info can be found at the link

News
How to use the power of T3 stack and tRPC to create full-stack applications
February 27, 2023
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by
Nađa Vukićević
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In this talk, you'll learn how to harness the power of T3 stack and tRPC to easily create full-stack serverless applications. We'll dive into the benefits of using tRPC in NextJS to create modern and scalable web apps.
Read more

Petar Slović, Chief Innovation Officer @ Quantox Technology, will give a lecture at a workshop organized by DaFED at the Rectorate of the University of Novi Sad on March 1, starting at 6 p.m.

At Peter's workshop "Simplifying Full Stack Serverless Development with tRPC in NextJS" visitors will have the opportunity to learn how to use the power of the T3 stack and tRPC to create scalable full-stack serverless applications.

DaFED is a non-profit organization dedicated to creating educational workshops and networking events for designers, developers, and all tech and innovation enthusiasts.

Discover the benefits of using tRPC in NextJS and learn how tRPC can facilitate the creation of secure and efficient serverless APIs without burdensome infrastructure management.

The workshop is free, and you can find more information, registration, and a link to the live stream at https://dafed.org/

News
TES Affiliate Conference @ Lisbon 2023
February 21, 2023
.
by
Nađa Vukićević
read time
Quantox Technology is coming to Lisbon with 50 developers available right now! Complete software development from scratch and all-round IT support services.
Read more

Propel Your Business and Find Your New Team Of Developers @TES Affiliate Conference

Lisbon | February 22-25, 2023

Are your software projects delayed due to a lack of developers?
Are you finding it hard to hire and retain good developers?
Are you trying to reduce costs and increase the flexibility to scale your project?
Are you looking for a partner you can trust?

Quantox Technology is coming to Lisbon with 50 developers available right now!

Complete software development from scratch and all-round IT support services.

Pinpoints!
  • 16+ years of experience
  • 550+ experts in the diverse technology stack
  • 13 offices & 7 countries
  • 250+ successful projects
  • Super-quick scaling
  • ISO 9001 and 27001
Boost Your Business!
  • Thorough understanding and approach
  • Flexibility & adaptability to each client and change
  • Managed team & scaling resources to your project
  • Efficiency, excellence, and trust
See You @ TES Affiliate Conference!
3 days, 2000+ participants , 75+ speakers, 200+ exhibitors, 80+ countries

The Oitavos Hotel, Cascais/Lisbon, Portugal
Quantox Booth Location: MMT6

And Meet Our People!

Schedule a Meeting

Alek

If you are looking for a man who will answer your questions about potential partnership opportunities, look no further. Alek is our CDO with solid skills in leading teams and running projects developed over the years.  Do you have projects that need reinforcement, and engineering support or do you need a partner for brand-new software solutions? Talk to Alek and find out more.

Schedule a Meeting

Dan

He is your guy if you have a major project planned or ongoing but don't know quite yet how to ensure your software development is running smoothly. As our COO, with more than 15 years of experience in the IT industry, Dan can understand you and optimize your software development process.

Schedule a Meeting

Welcome where ideas are made possible!

News
Quantox Technology Ensures an €20 Million Investment from Sandberg Capital
January 20, 2023
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by
Aleksandra Dzinovic
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A new milestone in the IT world! Building the future with strong partnerships! Quantox Technology and Sandberg Capital have signed a partnership for the further expanding growth of the company, bringing
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A new milestone in the IT world! Building the future with strong partnerships!

Quantox Technology and Sandberg Capital have signed a partnership for the further expanding growth of the company, bringing it to a higher level! A €20 million investment is aimed at making a significant leap for Quantox’s future sustainable development, talent acquisition, and strategic global expansion.

Sandberg Capital is a Slovak private equity company established in 2014 with an AUM exceeding €340 million. It focuses on investments in small and medium businesses in the Slovak Republic and the region of Central and Eastern Europe, including among investors institutional ones, such as the European Investment Fund.

This partnership is one of the top 5 investments in the region so far, signed with companies from Serbia.

With Sandberg’s support, Quantox Technology plans to make successful breakthroughs in new markets, building even stronger client relationships with greater freedom and creativity in creating new software solutions.

“By entering into a partnership, we want to broaden our expertise and further strengthen our position as a leading IT employer in the region. Also, this investment will enable us to have a greater presence in the European and US markets, which will mean a lot to our clients by increasing the range of services in delivering high-end digital solutions and providing comprehensive IT support”

Vuk Popović, founder of Quantox Technology

The company’s focus remains the same – discovering new perspectives and empowering the Q team. The partnership is an additional lift that will bring Quantox even closer to long-term growth, sustainability and stability.

“Given Sandberg’s multiple investments in the IT sector, we see an increasingly strong push for digitalization across the economy. At the same time, we perceive a severe shortage of IT professionals that may be preventing companies from growing and achieving their strategic goals. The investment in Quantox reflects our long-term strategy of partnering with ambitious entrepreneurs in sectors that directly or indirectly help with the digital transformation of the economy,”

Michal Rybovič, Partner at Sandberg Capital.

Matej Klenovsky, Investment manager at Sandberg Capital, believes that Quantox and Sandberg share a similar growth mindset and have the same ambitions and perspectives for future achievements.

“Quantox, in addition to employing a large number of IT professionals and having a great ability to attract clients from various industries, is truly committed to the development of the local IT community. We believe that this company is more than ready for the next step and we are eager to follow them along the way, giving support through our experience, knowledge, and capital.“

Matej Klenovsky, Investment manager at Sandberg Capital

Both partners will be focused on strengthening Quantox’s business – establishing a local presence, expanding the spectrum of services to respond to clients’ demands from all parts of the world, and improving internal processes and organizational structure.

“We are extremely grateful for the trust and support of our new partners – this is a kind of confirmation for everything we have done so far, as well as the opportunity to be even better and grow together. Following the shared vision for Quantox, we strive for global expansion and adoption of new knowledge, skills, and experiences while preserving the values ​​and culture of the company itself”

Vuk Popović, founder of Quantox Technology

With 16 years of experience, Quantox is recognized as a reliable partner in the world of digital technologies. After three successful acquisitions in the last year, this is an important step and kind of “wind at our back” that will lead us closer to our vision – to grow in expertise, nurture people as the priority value and become one of the most trusted and efficient partners in the digital world.

Quantox was advised by Grubišič & Partners – Corporate Finance as financial advisor and Four Legal as legal advisor and Sandberg Capital was advised by ESFA as financial advisor, EY as financial & tax due diligence advisors, and BDK Advokati as their legal support.

A new digital era is at our doorstep. By supporting clients worldwide and developing IT potential in our region – we continue making ideas and vision possible!

News
Another Boost to the Quantox Team!
December 14, 2022
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by
Aleksandra Dzinovic
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Proud to announce that our team has received another reinforcement! We are introducing Marko Nikolić - the New Head of Finance at Quantox.
Read more

Proud to announce that our team has received another reinforcement! We are introducing Marko Nikolić – the New Head of Finance at Quantox.

With many years of experience in various senior positions and expertise in the financial sector, Marko brings a unique set of skills. He is highly creative, innovative, and well-versed in the latest financial trends and strategies.

His passion for finance and enthusiasm for achieving results and high goals make him the perfect person for this position at Quantox. With his expertise in the financial sector, Marko will bring fresh ideas that will help the company develop and grow even more.

What are the expectations, and what is the biggest challenge in working in an international IT company like Quantox?

My primary expectation is to grow professionally together with the company. The biggest challenge of working in a large company like Quantox is coordinating activities with many colleagues from several countries.

In what way will your experience contribute to Quantox in further business?

My experience is complementary to colleagues from the finance sector. I expect that it will contribute to the realization of new initiatives, such as, for example, the implementation of the new budget.

The events of the last few years have led to sudden turbulence in the global market. We see them even today, and they are, to some extent, the cause of changes in how many IT companies work. In your opinion, which strategies of financial adaptation to such changes have given good results, and which could be applied in Quantox – bearing in mind the spread of the company over seven markets?

Quantox has a concrete and straightforward business model, and we should stick to it – “back to basics”!

This can be a competitive advantage in the current global financial trends and can be used in both cases – to expand in the markets where Quantox already operates and to win new ones.

How do digitization and accelerated development of technology affect the role and work of the financial sectors? Do methods and approaches change, and how?

In the Finance and Accounting sector, a sudden jump in the application of Business Intelligence tools for reporting to management and investors was noticeable in the previous years. As a result, CFO-s and their teams had to adapt and improve their reporting. Modern platforms and programs help them in these endeavors; technology is progressing and taking an important place, so constant adjustments are also needed in this sector.

Many factors influence decision-making, especially now. What are the biggest risks, and what are the biggest opportunities you currently see for Quantox’s business?

I believe that the current global situation on the market is simultaneously the biggest risk – it can lead to a decrease in demand for our services – but also the biggest opportunity to expand into new markets under more favorable conditions than before.

What is your main motivation and inspiration in business – what drives you again and again?

I like to innovate, propose and create new things, and constantly look for ways to improve and upgrade that creation.

News
Transforming Quantox’s Managed IT Services with Dušan Milojević
November 23, 2022
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New Head of Managed IT Services opening new paths and opportunities for Quantox Quantox is dedicated toward providing organizations with a solution for system monitoring and management
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New Head of Managed IT Services opening new paths and opportunities for Quantox

Quantox is dedicated toward providing organizations with a solution for system monitoring and management that will help dispose of the break-fix approach. As a managed IT services provider, we aim to simplify IT management for other companies efficiently and affordably.

Dušan Milojević has the expertise and experience to make Quantox a leading managed IT services vendor in Europe, implement new IT technologies and build worldwide-applicable solutions with his team.

From Microsoft to Quantox – can you describe your career journey and what does it mean for you to further develop your expertise at Quantox?

I started from the university and Microsoft Academy, and then went through the positions of Consultant, Developer and Analyst. Right now my official role means leading three different teams for the implementation of various products. The biggest challenge for me to get the company as a leading vendor for managed services as Quantox is for custom development.

What are the goals of the managed IT services department and what do those goals bring to the overall business process of Quantox Technology?

The goals of the managed IT services department are to accumulate as much expertise and projects from various vendors like Microsoft, Salesforce, even IBM, and Oracle. The people in our department and their work are very strongly connected, no matter which team they depend on.

In the future, Quantox will expand its business areas and build solutions that can be implemented worldwide. So, the power this department gives to the company is being able to cover all needs that come from one customer. Custom development and managed services have a great tendency to work well together and bring new opportunities to each other.

After the first month at Quantox, what are your impressions?

I’m thrilled to be a part of Quantox. At the moment, I’m still trying to get all procedures lined up and getting to know the on-boarding team members while working with other colleagues on our first potential projects.

Why would a company need managed IT services and what parts of its environment would Quantox’s managed IT services department look after?

Companies in some sectors, like Fintech and Telco, use more than fifty systems in their daily business. All of those need to be integrated into one place, and that’s where we come in – we can fully cover all these processes with our team. Having a corporation as a client is a great opportunity that can lead us to long-term partnerships.

The IT industry is fast-paced and constantly evolving and at the moment we have many new technologies present at the scene. In your opinion, can those new technologies be implemented in the processes and what benefits would that bring?

Of course, we need to follow all new approaches and technologies. From the last conference in Munich, I’ve realized that we can integrate PowerApp with Business Central as an app that can be the solution for warehouse management with fewer costs instead of building the app by itself from scratch. We also plan to get RPA (robot process automation) part of the integration team and start working with machine learning. Quantox’s managed service department is pretty good at keeping up with the latest technology trends.

What do you think is the most interesting part of your job, and what are some of the biggest challenges Quantox managed IT services department may be faced with?

The most interesting things about working in Managed Services will be the projects and the possibility of having a proven team working for one of the biggest customers in their branches globally. However, the biggest challenge will be to put Quantox on the managed services market for this part of Europe which is our goal for the next two years.

What is your main drive, motivation, and inspiration in business – what drives you over and over again?

What drives me forward is having new opportunities on a daily level – new employees, technologies, countries, projects, and approaches. I also firmly believe that people can improve their skills only if they step out of their comfort zone, which is what my team and I are doing right now.

News
Quantox Launched a Start-up Accelerator!
June 2, 2022
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QLab Accelerator aim is to support fresh ideas, build strong teams and make innovative startups possible. And we are starting from our own house!
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QLab is Born!

Having ideas is great - getting know-how is a step to another level!

QLab Accelerator aim is to support fresh ideas, build strong teams and make innovative startups possible. And we are starting from our own house!

Quantox launched an internal call for Quantox people with the most promising start-up ideas with a goal to support it and transform it into marketable digital solutions.

From professional guidance and mentoring support, specialized business & start-up knowledge, through networking and funding opportunities -  QLab is designed to give major support during the idea development from scratch.

By joining the contest and submitting their ideas, our people have a chance to get an opportunity for a 3 months educational program this summer, specially designed to turn their brainchild into a successful product, and get a chance for funding.

The most promising concepts and teams will be chosen for the program to gain essential business, expert, technical knowledge, and guidance from experienced mentors from all core fields, needed to kick off their start-up idea. Furthermore, the best idea on the final pitch will get a grant of 10.000 EUR to provide a smooth start and push for further development.

Lead by the mission to be a generator of internal knowledge, skills, and ideas to create value and make a leap in the digitalization era, and create an environment that encourages quality and innovative approaches to digital challenges, Quantox decided to start QLab Accelerator as an innovative tech nest for all those who aim to go further.

It is possible to turn ideas into reality with proper support and experienced people behind you. We believe in the ideas and knowledge that make a difference!

We truly believe in the potential of this program to discover remarkable solutions from our people and we are thrilled about the possibility to expand it beyond the internal hub in the future. 

It’s not just about ideas.

It’s about MAKING IDEAS HAPPEN!

Dare to innovate, we are here to support you!

Blog
Happy Wednesday?! We in Quantox have it, what about you?
June 21, 2017
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When I came to the office this morning, I had one really pleasant surprise waiting for me on my desk. And, the most of you would probably ask what kind of surprise an employee can get on Wednesday, right?
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When I came to the office this morning, I had one really pleasant surprise waiting for me on my desk. And, the most of you would probably ask what kind of surprise an employee can get on Wednesday, right? Well, let me tell you a short story about it...As you already know and as you have already experienced on your own skin (if you have some kind of full-time job), we live in a very fast and advanced age. Some of you may not see it that way, but just imagine how things were done just a 20 or 30 years ago and how they are done now and you will see that this age is far more advanced than all the others ages in the history of mankind combined! Our age, our (I can freely say post-modern and technological) age is something we can't fight against. We have to dance by the notes of the age and these notes are crystal clear: A lot of work in order to achieve success and earn as much money as you can and a not so much free time!

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OK, we, as a generation, have accepted this concept and we are going shoulder by shoulder with our age. But, at some point of your life, you simply have to ask yourself is this enough? Success and money, expensive cars, exclusive restaurants and similar stuff... Is that enough for you to be happy on a long term basis? Sometimes, the only thing we need is another person's company, a warm word, and a pleasant hug! Money can't buy these things, but we can not live without the money, right... So, what is the best option for us? What can we do to have both free time for love and the friends and success in the business?Maybe answer to this question lies in the words of the famous Chinese sage, Confucius: "Choose a job you love, and you will never have to work a day in your life". The job is one of the most important things nowadays and if you choose it wisely, it's like you've won the lottery! That's exactly what we in the Quantox Technology can say about our job! This is not only our job, this is a way of life and that's why my colleagues and I come to the office with a big smile on our faces! So, I can finally talk about this great surprise I found on my desk.

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It's Wednesday (I mean, Wednesday, the most unimportant day of the week), I come in the office and I find beautiful and delicious donuts on my desk! Early in the morning! To make my coffee better! How cool is that? This small thing, this little sign of appreciation and respect for employees is what makes our company so great! That's why we all have it all here: Sucess in the business, friends and warm words! We are more a family than a company and that makes us fight our age with ease!

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Sometimes, I think we can even win this fight...

Blog
Quantox should be Developing your Mobile Apps
June 15, 2017
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Quantox is a full-service web technology firm that can make just about anything you need. One thing that some businesses tend to neglect in their creative process is...
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Quantox is a full-service web technology firm that can make just about anything you need. One thing that some businesses tend to neglect in their creative process is coming up with a mobile app or even simply a mobile version of their website.They focus a lot of making their website really awesome but hardly give a passing thought to those small devices that people use every day. More and more people access the web solely from their smartphones, making them even more relevant. Plus, in their more recent updates, Google and other search engines have announced that they have started to give higher priority to sites that have their mobile game in order. That means that fixing your site’s mobile presence can even help your search engine standings.

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That is something that we here at Quantox can help you with. We have available and experienced developers who can make iPhone and Android apps, and those who are also familiar with how to make a website look A+ on a mobile device or tablet. This will allow your users to browse your site or use your product while they are on the go just about anywhere, which is becoming more essential to running a functional business these days. Pretty much anything and everything can be turned into an app, simply to allow users to have better and easier access to your products, whether you’ve got an online service or a retail product that people can buy online.

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Don’t neglect your company’s mobile presence and remember to get some mobile work done to improve your business’ online presence.In this day and age, it is something that really needs to get done and some would even say that if you don’t have at the very least a mobile website going, this may be an important priority for improvement, even before updating or upgrading a normal website. Of course, our consultants can help you find the exact right services that you need and can advise you on what would be best for your company.

Blog
Mystery About Processes Revealed!!!
May 31, 2017
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The process is one of the most mysterious terms and notions nowadays. Although it is now so new but exists for a long time, it has never been demystified, so for most people, it sounds so scary.
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THINK ABOUT PROCESSES. THINK ABOUT THE NEXT IN THE PROCESS.

The process is one of the most mysterious terms and notions nowadays. Although it is now so new but exists for a long time, it has never been demystified, so for most people, it sounds so scary.Nevertheless, it is very important everybody to understand what the process is, how it functionates, as well as that our complete life and work happen through processes. Yes, everything we perform in our life, every day, takes place through processes or sets of processes. As Edward Deming said, “if you can't describe what you are doing as a process, you don't know what you are doing”. If you think over about your activities, you will see that it is quite right.Although you can read that one of four Agile principles says that individuals and interactions are over processes and tools, that definitely doesn't mean that processes and tools there are not or that are not important.

software development process

So, first, let's demystify what the process is.

The simplest, we can say that the process stands for transforming input into outputs, using necessary and appropriate resources, as well as by someone`s managing. For example, you have whole bread as an input, so you want to get slices as an output. Therefore you will use a knife as a resource, but you will manage the resource and whole the process, moving the knife in a proper way or at an appropriate speed.Ok, that's nice… so, have a look everything you do- processes are everywhere around you. For everything you have some input- sometimes that is Manager's order, sometimes Customer's demand, technical specification or global standard. Also, input can be something your colleague did, some output of his work. Well, that is interesting- someone's output can be your input.

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Definitely, you will work easier if your input is better, simpler or such that can facilitate your work.But, it seems it doesn't depend on you but on your colleague… amiss. Don't surrender, think about what you can do in order to get as good input as possible, to get desired inputs. Yes, you can go to your colleague who will deliver you his work and tell him what you need, in what form, what will be the best for you. Try to be polite, but detailed, concrete, and to define your needs in a structured way.

Remember, you are not alone

There is someone in the process after you - your outputs will be his inputs, so take care of that. As you wish and need as better inputs as possible, such next in the process has the same needs. Before start doing your job, ask next in the process what he needs, try to understand why that is important for him, so align your process and your activities with that.Well, that means there are many people who will be included in that stream to the ultimate customer, who can be somebody from the market. So, that means, we should start creating processes backward, thinking what is to be previous activity in order to deliver expected result, so to create processes in that way. It sounds reasonable- you can`t make a roof if you don`t have walls.  Start from a roof, start thinking about your processes. Start from the Customer, start from next in the process, help him, understand why some your output is important as his desired input.Go to the mirror and you will understand, it is important for someone else like it is important for you in another situation.Think about processes, think about the next in the process, start building processes from His Majesty the Customer.

We Are Always in The Process of Becoming the Best in The IT Industry!

We understand that process is at the core of everything we do at Quantox. And because we master at all types of processes we are adamant in explaining every part of our software development process to our clients. With Quantox, transparency and understanding is the paramount for a good business relationship. So, Let's Talk!

Blog
A Holistic Approach to Web Development
May 16, 2017
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When digital commerce began online there was a period of time dominated by Do It Yourself webmasters who worked hard to build and refine their businesses by hand with little or zero external help.
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When digital commerce began online there was a period of time dominated by Do It Yourself webmasters who worked hard to build and refine their businesses by hand with little or zero external help. As things became more complicated, the trend was toward establishing your own core competency and outsourcing narrowly defined responsibilities to outside consultants or independent contractors. Recently there is a new shift in the way business is being done, and Quantox is at the forefront of the modern web development evolution.

“Doing it all yourself just isn’t practical anymore, with so many systems to learn and maintain, complicated codes to create, design trends to account for and the speed at which everything keeps changing. The idea of a one-man shop running a major online business is obsolete,” explained Vuk of Quantox.

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“Similarly, clients are now hesitant to hire several independent contractors on their own because they have already experienced the frustration of watching each blame the other whenever anything goes wrong of ends badly. The holistic approach is the most sensible way to handle web development these days, and that is why we have built Quantox from the ground up with comprehensive product management in mind.”

Holistic web development involves having a single point of contact, to handle all of the outsourced elements of any digital product. Whether you want an entire platform coded as a new backend, and need the design of the front end done as well, are seeking to be sure your site is properly optimized for search engines, want your email campaigns and stat tracking to be seamlessly integrated or are seeking custom solutions to any other aspect of your web-based business, having your own project manager overseeing an experienced team of experts is the only realistic way of getting your business to move forward under budget in the time frame allotted.

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Quantox employs more than 100 coders, designers, project managers, technologists and experts in their respective fields – capable of providing you with all of the work you want to be done, and we do not outsource any part of your projects or require you to find separate contractors to handle other aspects of the work.

“By working in a holistic way we are responsible for the entire project and we can ensure the strictest quality control while giving our clients a truly scalable solution for virtually any digital challenge being faced. We don’t point fingers, we don’t make excuses and we are always easy to reach. That saves you time, saves you money and in the long run… it also makes Quantox the obvious choice.”
Blog
Quantox`s climbing towards excellence driven by KAIZEN!
May 4, 2017
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As all of us know, today's market is very demanding and competitive in every industry. When talking about IT industry, that is significantly more expressed, especially when we know that while the World is connected...
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As all of us know, today's market is very demanding and competitive in every industry. When talking about IT industry, that is significantly more expressed, especially when we know that while the World is connected and that IT companies and professionals are available everywhere around us.If you want to exist on the market in such conditions, you are to be better and better from day to day, to rise continually.Yes, from day to day, not from year to year!No one has so much time to wait for improvement, especially if want to grow and increase own standards, providing the best quality to clients, as well as improving an internal organization, developing employees and increasing their satisfaction. Yes, sounds very difficult, like climbing… actually, it is some kind of business climbing.

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Comparing business with climbing may sound strange, but there are a lot of similarities actually.Climbing has never been easy- it demands significant efforts, you can`t reach the top of a mountain in a day or in short period, but through many steps.Setting and reaching the small next goals and making base camps for next steps are crucially important for the success of that project, so that approach demands appropriate (specific) mindset from the start. Small goals/steps are very important, as well as base camps, in order to whole the team be accommodated and prepared/ready for next ascent. This is the best way that ensures whole the team to be successful and to achieve the goal through that exciting journey.As our goals are very high, we in Quantox don`t waste time waiting for something to be improved on itself, nor leave things to be on the same level for a long time. Instead, our approach is proactive and progressive, directed to continuous improvement, such that direct all improvements and implement all incremental solutions in a flexible way, adapting to our current level of organizational development and our next business goals.

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Understanding that nothing can be moved to extremely high level over the night, we are continuously building positive environment and mindset, systematically helping every of our employees to be better from day to day, cherish concept that our employees are our the most significant and the worthiest resource, so inspire them and consider their ideas and proposals as the best resource for continuous improvement.Using that synergy, we are making small improvements every day, implement and test them, facilitate every change and enable our employees and organization to adapt to change and make fine-tuning. It really makes amazing results, strongly motivates all to continue improving herself/himself and whole the organisation. Kaizen is one of our secret sauces of the success!

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We are developing and applying philosophy, culture, techniques, and tools of Kaizen consistently. We have deep necessity to improve ourselves and the company, it lies in our genuine commitment to excellence. Simply, we don't talk about Kaizen, nor try to imagine what that could be- we really live Kaizen every day.

Blog
Life with Quantox Family, where "work hard, play hard" becomes reality!
April 5, 2017
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Let me tell you something about working here, in Quantox Technology! It is not standard, boring job! It's a way of life!
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Let me tell you something about working here, in Quantox Technology! It is not standard, boring job! It's a way of life! How many times have you been in a situation that you would give everything just to stay in the bad for a few hours more rather than go to the work, but you can't do it because you have to be in the office at the precise time? I know, you can't even count all these situations, right? Well, guess what, we in Quantox don't have that kind of problems.

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Our working time is flexible!And that means that we can really be in the office whenever we want, with no consequences at all! So, if you are tired, you have something private to do, or you just had a long and interesting night with your friends, don't worry. Wake up whenever you want, grab a cup of coffee, get ready and then go to the office! That's how we do it!Of course, this is just a one of the many good things that working in Quantox Technology brings! I'm gonna turn to the science to make this easier for you to understand, so pay attention. They say that if you love what you do, you’ll never work a day in your life. This statement is often attributed to the ancient Chinese sage Confucius, and many scientific researchers have proven it! If you love what you do, and if you enjoy your work, your results will be outstanding. One more crucial ingredient for the success in the work is a team of people that surround you, and we can really say that this is the part of our company that we are most proud of.

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We have all the support in work we need, and our team of administrators, project managers, team leaders and quality assurance will give their best to help you improve your skills and be successful. I must mention that we have a really wide range of projects that we are working on, from smart TV apps, Java, Laravel, Objective-C, Angular 2 to PHP, MySQL, MongoDB, XCode, JavaScript, you name it... We got the most of the industries needs covered by the experienced people and some of our projects have over 60 million of views daily.

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And all of that we are managing to achieve in the fantastic offices we have. Cooking a lunch or a dinner and eating with the friends in the comfortable dining room, is a normal thing in our office. We also like to play football, basketball, and many other games during our breaks. Of course, all of this is just to encourage our staff and to create the best possible conditions for their best results.For the end, let's talk about the bond we all have in the Quantox. As I mentioned it before, this is not a just a regular job, this is a way of life. We are spending time together not only in the office, but outside also, and we are having such a great time. Our trips and team buildings are something that we are remembering with the joy and smile on our face and every member of our, now pretty large, team has something special to offer to the collective!

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Because of all above mentioned, I can proudly say that we have managed to create the perfect environment for every talented person who wants to work and to be successful. After all, our motto "work hard and play hard" really is our guide!

Blog
Web Design isn’t about being the fanciest artist
March 7, 2017
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There are artists in the world that can create magnificent masterpieces that evoke emotional connections with otherwise inanimate objects. Quantox Technology does not hire any of them.
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Artistic Talent- Important But Not Crucial

There are artists in the world that can create magnificent masterpieces that evoke emotional connections with otherwise inanimate objects. Quantox Technology does not hire any of them. While we appreciate artistic talent, that isn’t what makes someone a great designer for commercial applications.

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Oil Painting Won't Work On Your Computer Screen

Vuk-Popovic Quantox Founder

“Our clients want to overcome a frustrating obstacle in their business plans, or are seeking to expand their operations, ” said Vuk of Quantox. “They may want to refresh the look and feel of a website to be in line with the best converting designs currently trending, or they may want to improve the efficiency of their sales funnel with a simpler, more obvious path to making purchases.These are time sensitive tasks that can’t be done by moody or overly sensitive artists. When our clients contact us, our goal is to earn them more money with clean, effective and entertaining designs that improve retention without any unnecessary expenses. Every designer who works at Quantox is great at that, regardless of whether they work well with oil paints and marble chisels or not…”

How Design Portfolio May Be Misleading?

Many business owners are lulled into a false sense of confidence when they are shown the portfolio of an amateur designer who has made a few outstanding pieces of art in the past. Keep in mind, that portfolio likely took them years to create, was probably done when their mood inspired them, and each item in that portfolio may have earned zero dollars for any client no matter how nice it looked.

Milan-Danilovic-Lead Designer Quantox
“When I start to work on the UI/UX of a website, I’m not looking at it while pretending to be Michelangelo,” said Milan, Lead Designer for Quantox. “What I’m doing is putting myself in the mindset of being your potential customer or recurring member. My goal is to increase the number of signups your site brings in, to keep your existing members recurring and present your content in ways that have the best impact on the financial health of your company. If I feel like drawing for fun, I can do that during my lunch hour or on the weekends, professional design isn’t about fun and whimsy, it’s about earning dollars, euros and the trust of your consumers.”
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State-of-the-art Digital Design is Found in Quantox!

We look forward to having the opportunity to show you why our design team wins awards from business communities and appreciation from the CEOs, even if it isn’t likely to ever adorn the walls of a famous museum (unless that museum is trying to improve revenue from its ticket sales). Quantox Technology provides free price quotes for design work and can also fully integrate any of the other back-end services your company needs to provide you with a top quality fully-functional digital property faster and better than you ever expected. Let’s Talk about your project!

Blog
Investigating Value myth
February 6, 2017
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Many companies deliver products, services or business solutions. But customers are not interested in them.
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WHAT IS THE VALUE OF THE CUSTOMER? FIND OUT MANDATORY.

Many companies deliver products, services or business solutions. But customers are not interested in them. Today`s Customers are more demanding, they want to participate in creating solutions for them, want customized solutions. But, then, if they don`t want products, services, solutions, what are they interested in?

Value!

Value? What is the Value? And, who defines the Value?

Value is that for what a Customer is willing to pay, something valuable to him. When defining the Value, it is very important to start and watch from the Customer`s point of view, from the Customer`s perspective.

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That can be a significant problem in many situations- misunderstanding the notion of the Customer`s perspective or a way to be on the Customer`s point of view, in order to understand Customers` needs, requirements, wishes, expectations in the best way. In an intuitive way, many consider Requirement and Customer`s Value as synonyms. But, it is very important to understand that for every Requirement we will have or should have defined Value. Just imagine that you were hired by someone for painting some room in green color.

That is a Customer`s Requirement - the room to be painted. But, Value for him will be that those walls are clearly green, without any accessorizing. If you paint that room just based on his Requirement, maybe you will find adding other colors or details as nicer, better, more interesting. For example, you will probably put some wall in dark red, because of contrast; on some another, you will add a picture of a flower, Sun, or similar.

And, what then? The situation is quite simple - Customer is right. So, what will you do next? Customer will certainly expect to deliver him what required- a green room. For you that means additional work, rework, spending time and materials, delaying next planned or agreed assignments… that means losing possible business opportunities and money. Terrible!

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So, is Customer always right?

If we start with an idea that Customer is always right, we will definitely have a problem. Thus, let`s say that the Customer is right for that what is specified, agreed.

Oh, that is a step ahead. Now, we have to make that specification with the Customer, actually to come together to an agreement about Customer`s needs, expectations, wishes… That definitely doesn`t mean just to hear and write down his requirements but to do your best to understand and find out what actually for the Customer represents Value, what is significant for him. Ever you said “I suppose…” you had already made a mistake and had more possibility of project failure and conflicts with Customer, Team, Managers, etc. Instead, to start do everything to avoid such situations, doing all activities that will help you to find out and understand Customer`s requirements, but Values that he considers, as well.

How to find out as much as possible?

There are many ways - actively listen to your Customer, try to understand him, as many questions, include relevant team members, draw, make some models or mock-ups, make a wireframe, give them some predefined questionnaire... do everything you have. There are many situations when Customers actually don't know what they really want or need.

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In some situations, they know, but don't formulate that completely. Therefore, responsibility for defining Requirements and Values is yours. Responsibility and interest. Yes, that sounds demanding, but it is such- you have to provide them all necessary help because such you will help yourself. You have to be a very good listener, an Active Listener, in order to understand what Customer's idea is, what he wants. Additionally, you have to be a Facilitator, to help Customer to state all his ideas. Also, an Investigator, as you have to research, investigate Customers minds and needs.

That what you are doing creates the value for the company, eliminates wastes, saves time, resources and money, makes a strong base for next processes, improves quality, but increases Customer's trust and satisfaction, as well as a reputation of your company.

Enough, isn't it? Go and find out what the Value is. Just deliver Value.

Blog
What we learned from a recent teambuilding
November 10, 2016
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As the saying goes, Quantox only hires the best, so if you can work here we already know you could easily get a job anywhere else as well.
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What if we invest in people and they leave?

As the saying goes, Quantox only hires the best, so if you can work here we already know you could easily get a job anywhere else as well.

That’s the nature of hiring top-tier professionals whose skills are envied by competitors. Keeping our team happy while encouraging the right kind of corporate culture is what we do best. After all, a web services company is only as good as the people who work to build it, and it can only succeed when everyone shares the same vision, with a common purpose fueled by a real passion for perfection.

Friendly atmosphere is

“This year’s racing event was terrific, high performance,” said Vladimir, VP of Quantox. “Yes, it was fun and exciting to get the whole team burning up the high-performance track in cars with a trophy on the line… but in a larger sense, it was also exactly the right message for everyone who works at Quantox to take to heart.”

Winning on the racetrack isn’t about guessing or long wasteful thought processes that leave you meandering around the track as competitors pass you by. To reach the checkered flag first, you need to be efficient, smart, quick, adaptive and focused – which are all traits we put at a premium when hiring new team members for careers at Quantox!

Quantox Racing Is Team Building And An Efficiency Lesson

“The winner finds the right line to travel around the track, one that is the least congested by traffic, taking the shortest path from point A to B, and then defends that advantage by perfecting all the angles to stay ahead of everyone else, ” said Vladimir with a smile. “Adapting to the changing behavior of the other drivers, focusing on the goal without distractions from spectators on the sidelines or other racers, and always looking for a way to save time without compromising on the end results. If you can do it on the track you have the right mentality to do it in the office. At Quantox we compete to win because a good effort is ok in school, but in business, the best player is the one who consistently takes home the trophy.”

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Winning is important

Super Milos wins the race[/caption]

If you have what it takes to compete the carting winner Milos at the next Quantox team building adventure and relish the opportunity to work with a team that is always hungry for new knowledge, contact us and let’s find a fit for you on the team!

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Code monsters are done for good this Halloween
October 31, 2016
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Holidays are times when most of the bugs in code come to the surface. Our dedicated team of exterminators fights them using best practices
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Quantox Is The Easy Solution For Fixing Spooky Code

Holidays are times when most of the bugs in code come to the surface. Our dedicated team of exterminators fights them using best practices

As everyone prepares for Halloween and you start noticing all the ghouls, ghosts and goblins in your neighborhood, you are probably already thinking none of them are really that scary compared to the spooky feeling you get from poor code written by unreliable programmers, which we wrote about here. Here is how Quantox drives a wooden stake through the heart of bad code, along with the details of a new treat we are offering you this holiday season!

The Worst Of Them All

   Code Ghosts:

Code ghosts are badly written code

Optimize your code and don't let Code ghosts surprise you on holidays

Bad code hides in your backend like a Ghost waiting to jump out and shout BOO when you least expect it! Your systems may seem to work correctly, but is everything tracking properly, are any resources being wasted and it is you really sure it isn’t all about to fail when you add a new plugin or feature for your end users? Quantox can review your existing architecture, or streamline your software line by line if needed to minify the source, enhance load speeds and remove all doubt about the quality of your network.

Code Ghouls:

Code ghouls and bad programmer

Not rich enough to have cheap codebase

Nothing is more ghoulish than ransom schemes and backdoor access unethically installed by a fly-by-night coder you never should have hired in the first place. Security always starts internally, with good solid code written by a reputable firm that has a long track record working with known brands and caring for their infrastructure. When you work with Quantox, we supply plenty of references and testimonials from people you already know and trust. If you are nervous a ghoul may have already compromised your code security, contact us right away to discuss the many ways we can clean up your code and establish meaningful backup procedures to chop off that ghoul’s head before he ever gets close to anything of value!

Code Goblins:

[caption id="attachment_191" align="alignnone" width="761"]

Uneducated programmers

Incompetent developers are developing your site, why?

They don’t really mean any harm; they’re just a horde of completely incompetent monsters that run around claiming to be professionals. Did you try to save a few pennies by paying a goblin to pretend to do a good job when you could have hired Quantox and actually gotten great code instead? Relax, we aren’t mad, we're ready to fix whatever they left unfinished. Sometimes we can make use of their failed attempt, but more often we can write fresh code that gets the job done even faster and better than you ever expected. Hire us when you want to stop hiring goblins and start working with a team of real experts.

Trick or Treat?

At Quantox we don't believe in tricks. There isn’t one simple trick to make you trillions of dollars and clickbait doesn’t work when talking to business owners. What does work is focusing on providing honest, the quality code in a professional manner and that's what makes working with Quantox a treat! To make your Halloween even sweeter, we will add some extra to your goody bag that, on any work from a new client who needs help fixing the mess other companies have already made. We know it sucks to have to re-do something you thought was already taken care of, and that will never happen once you start working with Quantox, so this first time you want to get away from the monsters to step into the light with Quantox.com, we’re ready to help you at even lower price than usual.

Ninja developer at a glance

Quantox dedicated staff is educated team of professionals[/caption]

Have a happy and safe Halloween!- From Everyone At Quantox.com

Blog
Investing in employees is investing in future
October 28, 2016
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PHP conference BGPHP is one of the best conferences for anyone interested in the PHP programming language.
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PHP conference BGPHP is one of the best conferences for anyone interested in the PHP programming language. Speakers at the event covered topics for novices and experts interested in sharpening their PHP skills with there were a lot of interesting sessions aimed at improving the way programming is done on an everyday basis.

[embed]https://www.youtube.com/watch?v=hqznLOCVroY[/embed]

“Many programmers come from all around Europe to be part of this conference,” said Dan of Quantox.com “and we were proud to send six of our team lead programmers to the PHP conference. “A lot of the workshops were centered on an arcade game theme this year. Pixels, video games, potions (beer) - even the music being played was from famous games. Overall it was a terrific experience and a first class opportunity for programmers to learn from each other as we shared our own experiences and heard from other top software engineers about their own programming style to better define best practices that benefit all of our clients.”

Quantox understands that the continuing education of each part of the team is essential to evolving our skill set and staying ahead of the curve. Our clients succeed in fast-paced sectors of the digital marketplace, and they rely on us to always know the best way to do things right now, and the most likely ways to future-proof build with an eye on what’s about to happen next. BGPHP began as an initiative by a small group of developers who started the first PHP User Group in Sofia two years ago.

[caption id="attachment_147" align="alignnone" width="750"]

PHP conference stage

Opening talks of PHP conference before the amazing session[/caption]

Sending half-dozen top-tier PHP programmers from Quantox to be part of the event is our way of supporting the creative culture that all digital professionals value. It also serves as a strong incentive for qualified employment candidates to come join the Quantox team because it’s easy to see that employee enrichment is a core component of Quantox DNA, backed by significant investment in each of our esteemed team members.

If you are seeking a career in Web Development, Programming, or Digital Project Management, and have a fascination with the new tools that are on the horizon, be sure to find a company that supports those initiatives and its staff effectively. It makes a world of difference for the way technology reaches the market and the way your career trajectory takes flight. At Quantox we are always hiring the right people to fill exciting positions in our dynamic production environment. Check out Careers at Quantox to learn more right now!

Blog
Help: Reset GIT branch to a specific commit
August 30, 2016
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“Reset GIT branch to a specific commit” is the first topic we would like to address in the Help section.
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“Reset GIT branch to a specific commit” is the first topic we would like to address in the Help section. Since many of us find ourselves in a situation when we want to reset the master branch to a specific commit of the master- or some other branch, we'll take some time to write a short guide on how this can be done in a few steps.

RESET BRANCH TO A SPECIFIC COMMIT git reset –hard 87a9789447846c6ff3275f93589fbab3c7b801ec (commit hash that we want to reset the branch to)git checkout -b xx (we check out a fictive branch, which will become master)git branch -m master old-master (rename current master to something else)git branch -m xx master (rename fictive branch to master)git branch -d –force old-master (delete old master – not needed anymore)git merge -s ours origin/master (merge master branches, but prefer local data)make some changes to test git.git commit -m ‘test’ (if needed do git add . first)git push –set-upstream origin master (set local master branch to track origin master branch)git pushgit pullWe have also made a package that automates this process via artisan: https://github.com/ivanciric/artisan-git-toolsEveryone is invited to contribute to join the development of various commands that further facilitate our work.

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Rafting 2016 in numbers!!!
July 6, 2016
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As we announced in period from 30.06.2016 to 03.07.2016. Rafting Center Tara-Raft welcomed 72 people from Quantox Technology.
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As we announced in period from 30.06.2016 to 03.07.2016. Rafting Center Tara-Raft welcomed 72 people from Quantox Technology.We came to rafting center on Thursday around 2pm, and left it on Sunday at 11am, which means we spent around 70 hours hanging together.

Camp management estimates we had around 4 or 5 hours of sleep per person out of those 70 hours.Out of 72 people that came to rafting, 65 decided to go on adrenaline river ride on Friday. We were driven by 11 cars, and spread over 9 boats with 9 rafting skippers. All river boats went over 16km long riverbed of Tara river and another 4km of riverbed of Drina river. We got to finish in 3.5h spent on river. Out of which 3h were spent on water and 0.5h in pauses by the river.

By unofficial, but precise measurements of skippers, every boat made average of 1236 strokes. Taken care that every stroke spends 32 to 36 calories, we burned approximately 44000 calories per boat. Pretty impressive, no? We weren’t lazy and make a bit different calculation, every boat became lighter in average by 4 to 6 kg.This time of year around 500 cubic meters of water flows over Tara riverbed, which means for the time we spent on river approximately 324.000.000 cubic meters of water, which equals the capacity of Perućačko lake on the Drina.

We estimate each person had two sips of Tara river while, so we all took this natural beauty forever in ourselves.On Saturday, 58 people took safari tour through national park Sutjeska. Passengers were spread over 9 jeeps with 9 drivers. During the trip, we went over Tjentiste, rainforest Perucicu with view on waterfall Skakavac (71m) and climbed viewpoint Prijevor with an elevation of 1660m. As our camp is on 440m, it means we overcome 1200m altitude. Way to go crew!

Prijevor is beneath Maglic, which is the highest peak in Bosnia and Herzegovina (2386m). After Prijevor we visited the biggest open pool in Europe – Tjentiste. We crossed 140km during the safari and estimate loss of 6l of body liquid during the drive on the hot summer day.During our stay hosts organized 3 music bands to play and entertain us in night hours. Music spent a total of 18 hours playing, which is a total of 567 songs played. Out of these only 4 songs were a folk genre. Also in the night between Thursday and Friday, they played 10 heavy metal songs which were taken very well from hosts as well as Quantox team.

A couple of interesting facts come from Tara-Raft bar. For the time we spent in camp, we drank 13 barrels of beer, 146 bottles of beer, 98 bottles of juice and 9l of spirits. The part which will mostly be interesting for programmers is how much coffee was consumed. Well, here’s the number: 200 domestic coffees and 32 nes coffees. No one was drinking tea.Restaurant statistic says we had 22kg of meat during 4 days.

Approximately 80kg of meat was consumed during lunch, around 60kg was used for breakfast, and another 80kg was served for dinner. We also spent 20kg of milk products, cheese, and kajmak.Hope you enjoyed the read and facts and that we managed to present you part of atmosphere from teambuildingUntil next time…

Blog
The Importance of Project Continuity
April 17, 2016
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Digital publishing used to include many small subcontractors and often required a lot of management supervision time from in-house executives, dealing with overages and missed milestones on project timelines.
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Digital publishing used to include many small subcontractors and often required a lot of management supervision time from in-house executives, dealing with overages and missed milestones on project timelines. Worst of all, when anything went wrong, all the individual subcontractors would try to point fingers at each other as the way to avoid any level of accountability for their own errors. Quantox has helped to change all that by providing project continuity and the results are exceptional.

When you have Quantox build your digital property, you aren’t just getting a gifted designer, a talented coder, an experienced marketing team and each of the elements you need to succeed on the modern web – you are getting a coherent team of professionals. People who are used to working together and who understand that the sum total of their effort will be better than the individual effort of any one part of the whole.

quantox-cover

More importantly, our supervisory staff and project management leads are familiar with every member of the team, are able to motivate and inspire their team, and significantly reduce the need for any outside resources being allocated to keeping the project ahead of schedule and under budget. That isn’t to suggest we are perfect, nobody is perfect, but we can guarantee you that if we do ever make a mistake, we are accountable directly to you and we will make it right quickly because our reputation depends on your satisfaction. We only point fingers at each other when we are complimenting one another, errors or mistakes that need to be corrected are the responsibility of every single person who is part of Quantox.

That continuity gets you the best results, with the least resources every time, and it is a key component of what your Quantox relationship is all about!

Let's talk!

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Start It LEAN
March 15, 2016
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When you are starting up a new business, with a startup methodology, it’s best to do things right straight from the start. In 2008, entrepreneur...
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When you are starting up a new business, with a startup methodology, it’s best to do things right straight from the start. In 2008, entrepreneur, Eric Ries developed the LEAN method of creating a startup, and it’s a great methodology. Ries came up with this because he wanted to create something that would shorten product development cycles and create continuous innovation in startups.Ries came up with this idea through failures. His first startup, Catalyst Recruiting, ultimately failed because it was not agile enough to recover from the initial product launch to give their customers what they wanted. Ries experienced a similar failure with There.com, giving him plenty of learning material from his experiences.

What is Lean Start-up Method?

Ries took a look at something called LEAN manufacturing, which was developed by Taiichi Ono in the 1950s. This particular system of manufacturing helped to both reduce waste and increase productivity with a few methods, one of which being quality assurance checkpoints placed in key parts of the manufacturing process. The lean startup process takes this philosophy and moves it into the startup atmosphere.The basic gist of a LEAN startup is that companies must first create an MVP or minimum viable product - the product with the least amount of features needed to function correctly - and then test it and see if customers can actually use it. Like Ono’s many quality assurance checkpoints, the customer feedback then informs the future adjustments to the product, creating a continuous feedback loop. This helps to reduce waste created by companies who put too much effort into launching a product with many bells and whistles.Using the LEAN startup method can really help you to save money and be more efficient.

LEAN on Quantox To Bring Your Idea To Life!

Working with Quantox on developing your idea promises only steps forward, and very little or none going back. As we work toward creating an MVP from your initial idea, we are already a few steps ahead. With each upgrade of your product after the launch, we climb higher towards the success. One step at the time, building your brand with diligence and continuity that always bring the best results. Let's Talk!

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