Deirdre Woods, Associate Dean and CIO of Wharton, has written a blog post for Forbes which details how Wharton Computing managed to transform an internally developed tool (WRDS) into a revenue generating product used across the globe.
Deirdre highlights four lessons Wharton Computing learned during the process:
- Stay close to your core competencies
- Support your own user base
- Make investments
- Expand your skills
Read the whole post for more details about WRDS and some of the challenges that were faced as the product was brought to market.