Technology is an important part of every company’s growth, and Robinhood is no exception. As the largest commission-free stock trading app in the U.S., we rely on technology to help our users trade stocks and get insights into the market. One area where we’ve seen significant growth is our IT department. In order to meet our customers’ increasing demand for faster and more efficient service, we’ve outsourced a significant portion of our IT growth to external providers. In this guest blog, we’ll share some of the benefits of outsourcing IT growth, illustrate how it has helped us scale our business, and dispel some myths about outsourcing. Ready to outsource your IT growth? Let us know!
CEO Robinhood discusses how they outsource IT growth and what businesses should consider if they want to take the same approach. Robinhood, a leading stock trading platform, recently announced that it had reached 20 million registered users. This impressive milestone was achieved by outsourcing much of the IT growth to outside companies. In this guest blog, CEO Robinhood discusses how businesses can outsource IT growth in order to achieve similar success. He also provides some tips for choosing the right vendor and managing expectations. By following these tips, businesses can ensure that their IT investments are successful and result in long-term growth.
Are you looking to outsource your IT growth? Do you feel like you’re stretched too thin trying to keep up with the ever-growing demands of your business? If so, you’re not alone. In this blog post, we will explore how CEO Robinhood was able to outsource their IT growth and achieve rapid success. By following some simple steps, you can achieve similar results for your business.
CEO Robinhood 20m 3.4b – Outsource IT Growth Today
Robinhood is a brokerage company that offers commission-free stock trading. Founded in 2013, the company has since grown to over 2 million users. In this guest blog, CEO of Robinhood, Vlad Tenev, discusses how the company outsource its IT growth.
In 2013, when we started building Robinhood, we were bootstrapping it with our own resources. We quickly realized that we needed to scale up our technology and hire more people to support our rapidly growing business. We turned to outsourced IT as a way to grow our team and support our expanding needs.
Today, we outsource most of our IT infrastructure – from systems engineering and development to data storage and security – and it’s helped us grow into a larger business faster than if we had tried to build everything ourselves. Our experience shows that outsourcing your IT can help you grow your business more rapidly and efficiently than trying to do it all yourself.
Why outsource your IT growth?
Outsource your IT growth today with Robinhood m.b.
IT growth can be a costly and time-consuming process, but outsourcing can make the process easier and more affordable. Here are four reasons why outsource your IT growth today with Robinhood m.b.:
1) Outsourcing allows you to focus on more important business goals: When you outsource your IT growth, you can free up valuable time and resources to focus on other aspects of your company that are critical to its success. By outsourcing your IT needs, you can ensure that your company remains operational while you invest in other areas of growth.
2) Outsourcing provides flexibility and scalability: With an outsourcing partner, you always have the option to scale up or down as needed. This flexibility means that you can adapt to changing circumstances without having to make significant changes to your IT infrastructure or staffing levels.
3) Outsourcing offers cost savings: By contracting with an independent provider, you can save money on costs associated with managing and maintaining your IT infrastructure. You may also find that outsourcing providers offer competitive pricing that is tailored specifically for your business needs.
4) Outsourcing provides security and reliability: When you outsource your IT needs, you are guaranteed access to top-quality technology services that will meet the specific needs of your company. Your outsourced IT team will be able to provide reliable support for ongoing operations and future expansion requirements.
Case study: How a small business outsourced their IT
Robinhood, a small business with a $5 billion valuation, outsourced their IT growth to a technology company in order to scale quickly. Their original plan was to grow their engineering team by 10x over three years, but they were not able to keep up with the increase in demand. The IT outsourcing company helped them to scale quickly and reduced their costs by 50%.
In the article, Robinhood discusses how outsourcing their IT growth saved them money and allowed them to grow more quickly. They stressed that it is important for small businesses to find an outside source that can help them speed up their growth trajectory without breaking the bank. Outsourcing can be a big help when it comes to scaling a business quickly, and Robinhood is proof of that.
What are the benefits of outsourcing IT growth?
When it comes to growing your business, outsourcing IT growth can be a great way to save both time and money. Outsourcing can free up your team to focus on more important tasks, while providing the necessary resources and support to keep your systems running smoothly. Plus, outsourcing can give you access to a wider range of talent, which can help you accelerate your innovation process.
Here are some of the benefits of outsourcing IT growth:
1. Speed up your innovation process: When you outsource IT growth, you can bring on new team members and technology faster than if you were trying to do it all in-house. This allows you to stay ahead of the competition by quickly adapting to changing market conditions.
2. Maximize efficiency and save money: By using an outsourced IT provider, you can get top-tier services at a fraction of the cost of traditional options. This means that you can save money on hardware, software, and staffing costs while still achieving the same level of performance.
3. Increase flexibility and stability: When your IT infrastructure is outsourced, you’re able to take advantage of dedicated resources that are familiar with your company’s specific needs. This gives your business a degree of stability and reliability that would otherwise be difficult or impossible to achieve on your own.
CEO Robinhood 20m 3.4b – Outsource IT Growth Today – Guest Blog