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Does Your Small Business Need an App?

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Entrepreneurs should weigh pros and cons before investing in an app for their small business.

WASHINGTON, July 23, 2024 /PRNewswire/ — As a forward-thinking entrepreneur, you might be tempted to invest time and money developing an app for your small business. You might have even been approached by marketing companies claiming that having an app for your business is critical to increase sales and/or customer engagement. Before you start designing your company’s mobile app, SCORE – mentors to America’s small businesses – encourages you to first consider a few important questions.

Do you need it?
Think about what an app can do – accept payments, complete registrations, enhance engagement, allow for a bit of fun. Which of those functions, if any, would benefit your business?

Can the same be accomplished with a mobile-friendly website? If the functions you’d like an app to serve are fairly straightforward, a mobile site might be all you need to encourage customers to complete tasks on their devices. A mobile-friendly format might even drive potential customers to learn more about you on their phones, rather than bookmarking your site to check out later on their laptops.

An app can make the hard work you put into your web design and functionality redundant. And if there’s no clear function that makes an app different and better from your mobile site, it’s probably not necessary.

Do your customers need it?
How many apps do you have on your phone for the individual businesses you visit? How many of them did you download, use once and forget about? Your customers need a clear reason to use your app, either for enhanced convenience or to unlock special features.

For instance, if you have a dog grooming studio, massage therapy practice or hair salon, an app may help clients schedule appointments quickly and easily. An app can also make it easy for customers to track a rewards program or special offers.

Can you afford it?
If you’re contracting out the development and design of an app, you can expect to spend anywhere from $5,000 (for a bare-bones app that doesn’t offer much functionality) to $500,000 (for a fully-featured app with a beautiful design, unique and compelling content and flawless functionality). App development can easily approach the $100,000 range, depending on complexity. Bells and whistles are expensive!

If you’re tech-savvy and plan to develop an app in-house, you’ll have to consider the time your employees will spend on such a project. It’s not just about the hours they get paid to work on the project — it’s also about the time they spend away from other work.

“The mobile app development industry is highly dynamic and competitive, thereby necessitating not only unique concepts but also excellent quality,” advises SCORE mentor Adam Torkildson. “As mobile usage grows, it is critical that your mobile app works smoothly across all devices and platforms.”

Once your app has launched, it’s going to need care. You’ll need to publish updates and squash bugs. Who will take care of those tasks? An outside developer may require a retainer agreement to maintain your app. Meanwhile, your in-house team may need to work quickly to react to tech developments that require adapting your product.

If you want to discuss the best mobile options for your business, contact a SCORE mentor. They’ll be happy to help review your options and guide you toward technology investments that will help your business grow.

SCORE client Manasse Shingiro, owner of Casco Bay Cleaning Services in Portland, Maine, explains the benefit of working with a mentor: “Going through growing pains as a business, you have to have someone in your corner helping you navigate.”

Interested in sharing your technological expertise with other entrepreneurs? Learn more about becoming a SCORE mentor on SCORE’s website.

About SCORE:
Since 1964, SCORE has helped more than 17 million entrepreneurs start, grow or successfully exit a business. SCORE’s 10,000 volunteers provide free, expert mentoring, resources and education in all 50 U.S. states and territories. Visit SCORE at www.score.org.

Funded [in part] through a Cooperative Agreement with the U.S. Small Business Administration.

CONTACT:
SCORE
202-968-6428
media@score.org

Looking for a small business expert or owner for an upcoming media story? Email media@score.org to request an interview source.

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SOURCE SCORE

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Notice of Data Event

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EAST LONGMEADOW, Mass., Nov. 2, 2026 /PRNewswire/ — Magnolia Management Company, LLC (“Magnolia”) is providing notice of a recent data privacy event that may have affected limited protected health information for certain individuals. On April 3, 2026, Magnolia became aware of unauthorized activity in one employee email account. Upon discovery, Magnolia took immediate action to secure its email environment and investigate the scope of the event, including hiring a third-party forensic investigation firm. Following a thorough review, Magnolia confirmed that a limited amount of information may have been accessed by an unauthorized individual. Magnolia undertook a comprehensive review of the impacted data to identify what type of information was contained therein, and to whom that information belonged. On August 10, 2026, that review was completed.

In response to this event, Magnolia also implemented additional technical safeguards to further enhance the security of information in its possession and with the aim of preventing similar events from happening in the future. While there is no evidence of actual or attempted misuse of any information as a result of this event, Magnolia will be providing impacted individuals with access to complimentary credit monitoring and identity protection services.

Magnolia takes the confidentiality of information in its care very seriously and regrets any inconvenience or concern caused by this event. If you have any questions, please call our dedicated assistance line at 833-918-4065, Monday – Friday, 8 am – 8 pm CT, excluding major U.S. holidays.

Individuals are encouraged to remain vigilant against events of identity theft by reviewing credit reports, account statements, and explanation of benefits forms for suspicious activity and to detect errors.

Individuals may place a fraud alert or credit freeze by contacting the credit reporting agencies: TransUnion 1-800-680-7289, P.O. Box 2000 Chester, PA 19016, transunion.com; Experian 1-888-397-3742, P.O. Box 9554 Allen, TX 75013, experian.com; Equifax 1-888-298-0045, P.O. Box 105069 Atlanta, GA 30348, equifax.com.

Individuals can further educate themselves regarding identity theft, fraud alerts, credit freezes, and steps to protect their personal information by contacting the credit reporting bureaus, the Federal Trade Commission, or their state attorney general. The FTC may be reached at 600 Pennsylvania Ave. NW, Washington, D.C. 20580; www.identitytheft.gov; 1-877-ID-THEFT (1- 877-438-4338); and TTY: 1-866-653-4261. Instances of known or suspected identity theft should also be reported to law enforcement, your state attorney general, and the FTC.

View original content:https://www.prnewswire.com/news-releases/notice-of-data-event-302927076.html

SOURCE Magnolia Management Company, LLC

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Arrowpoint Investment Partners Selects Arcesium to Scale Asia-Focused Multi-Strategy Platform

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Asia-focused multi-strategy investment firm uses Arcesium’s Opterra™ investment lifecycle management platform to efficiently scale complex multi-manager, multi-asset strategies  

SINGAPORE, Nov. 3, 2026 /PRNewswire/ — Arrowpoint Investment Partners (“Arrowpoint”), an investment firm building an Asia-focused, multi-strategy platform, today announced that it has partnered with Arcesium, a leading global financial technology provider to the investment industry. Arrowpoint is leveraging Arcesium’s intelligent data management and operational platform, Opterra, along with its industry expertise and managed services, to scale its sophisticated, multi-asset investment strategies. Equipped with industry-leading technology, Arrowpoint is able to onboard new managers quickly and drive competitive edge across multiple asset classes and investment strategies as the platform scales.

“Using Arcesium’s technology and operational platform enables us to achieve efficient and scalable growth through our Asia-focused strategy,” said Woon Young Jeong, Chief Operating Officer of Arrowpoint. “The company’s pedigree of working with large multi-strategy firms, its managed services’ global coverage, and its intelligent technology made it the right partner to support our goals. Arcesium’s deep capabilities within the hedge fund ecosystem mean our portfolio managers can quickly deploy and scale new strategies, supported by operational infrastructure capable of matching our growth ambitions.”

Founded in 2024 by a former Millennium Asia co-CEO, the Singapore-headquartered firm manages $2 billion in funds, has a presence in Hong Kong and Dubai, and oversees 24 portfolio managers across Asia and the Middle East. As Arrowpoint grows and manages investment activity across multiple asset classes, the firm’s priority was to find an agile technology partner that meets rapid workflows and processes, while harmonizing large volumes of data.

Chris Barrow, Head of Revenue for EMEA & APAC at Arcesium, commented on the announcement: “We are delighted to partner with Arrowpoint as one of the most sophisticated and high-profile launches we’ve seen in Asia. Since opening the Arcesium office in Hong Kong earlier this year and expanding our presence in the region, we are quickly gaining momentum with other hedge funds and asset managers and are tapping into the vibrant market interest in Hong Kong and Singapore. Partnering with such a high-caliber client like Arrowpoint is a key milestone and we look forward to enabling the firm to scale in new directions with the support of our technology and managed services.”

Arcesium’s Opterra is a front-to-back investment lifecycle management platform that fits the unique operating environments of hedge funds, enabling optimized capital efficiency, increased productivity, and reduced operational risk. This partnership underscores Arcesium’s continued momentum in the APAC region as more firms look to modernize their technology infrastructure and scale with confidence.

ENDS

About Arcesium:

Arcesium© is a global financial technology company delivering front-to-back technology solutions for some of the world’s most sophisticated financial institutions, including hedge funds, asset managers, private markets, sell side, and digital assets firms. Expertly designed to achieve a synchronized golden source of data throughout a client’s ecosystem, Arcesium’s cloud-native technology is built to systematize the most complex workflows and help clients achieve scale.

Today, Arcesium services over $6.7T in gross AUM and over $1.2T in sell-side capital balances and has modelled over 178 million investments to date. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Multi-Asset Investing. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle. Arcesium currently has a staff of over 2,600 software engineering, accounting, operations, and treasury professionals.

For more information about Arcesium and its capabilities, visit www.arcesium.com and follow the firm on LinkedIn.

 
About Arrowpoint Investment Partners:

Arrowpoint is an investment firm building a differentiated Asia-focused, multi-strategy platform. Learn more at https://arrowpointfund.com/

Arcesium Media Contact:

Ivy Gitarts
Aspectus Group
Ivy.Gitarts@aspectusgroup.com
 

Arrowpoint Investment Partners Media Contact:
media@arrowpointfund.com

 

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SOURCE Arcesium

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From targets to projects: Solar & Storage Live and EVCharge Live Indonesia 2026 focus on infrastructure delivery

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Two co-located events will bring together 5,000+ attendees, 120+ speakers and 100+ sponsors and exhibitors in Tangerang this month to explore Indonesia’s next phase of solar, energy storage, electric vehicle charging and infrastructure development.

TANGERANG, Indonesia, Nov. 3, 2026 /PRNewswire/ — As Indonesia accelerates its solar energy ambitions and expands its electric vehicle charging ecosystem, attention is increasingly turning to the infrastructure, financing and technologies needed to translate national targets into projects on the ground.

These priorities will take centre stage at Solar & Storage Live Indonesia 2026 and EVCharge Live Indonesia 2026, taking place on 11–12 November at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang. Organised by Terrapinn, the co-located events are expected to bring together over 5,000 attendees, 120+ speakers and 100+ sponsors and exhibitors from across the energy, power and electric mobility sectors.

The events come at a significant time as Indonesia accelerates its energy transition. In September 2026, the Ministry of National Development Planning (Bappenas) and PT PLN (Persero) announced plans to develop 100GW of solar power supported by battery energy storage systems (BESS). Meanwhile, Indonesia’s public EV charging network reached 4,769 charging units across 3,097 locations as of April 2026, highlighting the growing need for investment, grid readiness, and collaboration between the energy and transport segments.

An impressive speaker line-up that goes beyond the hype

The two-day event will feature discussions across four stages and eight dedicated tracks, including Commercial & Industrial Solar, Energy Storage & Batteries, EV Batteries, Energy & Ecosystem, EV Infrastructure & Fleet Management, Rural Electrification & Smart Grid, Rooftop, Floating & Residential Solar, Solar Installer University and Utility-Scale Solar.

Among the opening keynote speakers are Togu Pardede, Director of Energy, Mineral and Mining Resources at Bappenas, who will address national priorities for delivering Indonesia’s solar energy transition, and Yusuf Nugroho, Director of Road Transport Means and Safety at the Ministry of Transportation, who will discuss the establishment of a safe electric vehicle ecosystem.

Other senior leaders contributing to the wider programme from government, utilities and industry include:

Arief Heryana, Director of Operations, PT PLN Nusantara RenewablesDr. Yono Reksoprodjo, Expert Staff to the Head of the Agency for Resilience Strategy and Land Affairs, Badan Bank TanahLucky Luqman Nurrahmat, Director of Technology Advancement, BPI Danantara IndonesiaDelano Dalo, Head of Public Financing 2 Division, PT Sarana Multi Infrastruktur (PT SMI)Satya Hangga Yudha Widya Putra, Technical Advisor to The Minister, Ministry of Energy and Mineral Resources (ESDM)Nurwahidi, Senior Advisor Deputy II, Executive Office of the President Republic of Indonesia (Kantor Staf Presiden)Zainul Pulungan, Senior Trainer, Ministry of Energy and Mineral Resources (ESDM)Ricky Adrian, Vice President Decarbonization Business Development and Energy Management, PT PLN (Persero) Riniwaty Sinaga, Public Relations, Indonesian Electric Motorcycle Industry Association (AISMOLI)Yoga Adiwinarto, Director of Business Development, KALISTAMohamad Amrinsyah, Head of Fleet, Lazada IndonesiaHalim Wijaya, Director of GrabRental and Expansion Business, Grab IndonesiaWendy Priana Negara, Group Head of Fleet Investment, PT ASDP Indonesia Ferry (Persero)Reza Fajar Prayoga, Business Planning and Development Manager, PLN Indonesia Power Renewables

Conference highlights include discussions on Indonesia’s priority solar projects, financing barriers to utility-scale deployment, rural electrification and battery storage economics. On the electric mobility front, sessions will examine EV charging infrastructure challenges, fleet electrification and the integration of EV batteries and distributed storage into the power grid.

A curated marketplace of solutions to build relationships and close deals

Beyond the conference, attendees will have the opportunity to explore technologies and solutions from more than 100 sponsors and exhibitors across the exhibition floor.

Deye Inverter, Diamond Sponsor of Solar & Storage Live Indonesia 2026, will be among the companies showcasing solar and energy storage solutions. Infineon, Gold Sponsor of EVCharge Live Indonesia 2026, and AMPECO, Silver Sponsor, will also be participating in the EV-focused exhibition.

Other exhibiting companies include RatedPower, Suryanesia and Studer Cables AG at Solar & Storage Live Indonesia, alongside Green24 Holding, Sumber Daya Alamindo and Statiq at EVCharge Live Indonesia.

Across the show floor, visitors can explore solar PV technologies, inverters, battery storage systems, cables and electrical components, as well as EV charging stations, charging management platforms, battery swapping technologies, portable charging solutions and wall-mounted EV chargers.

The exhibition will attract a broad range of industry professionals, including utilities, independent power producers (IPPs), project developers, EPC contractors, large energy buyers, investors, charging point operators, fleet owners, logistics companies, automotive manufacturers and technology providers, creating opportunities for business connections and cross-sector collaboration.

The events are supported by industry associations and organisations including Charging Interface Initiative (CharIN), Global Energy Alliance, Global Solar Council, Green Building Council Indonesia, Indonesian Electric Motorcycle Industry Association (AISMOLI), Indonesian Express Delivery, Postal and Logistics Services Association (ASPERINDO), Indonesian Logistics Association (ALI), Indonesian Smart Grid Initiative (PJCI), Indonesian Solar Module Manufacturers Association (APAMSI), Indonesian Solar Power Entrepreneurs Association (APPLTSI) and Malaysia Zero Emission Vehicle Association (MyZEVA).

“We’re delighted to be returning to Tangerang for the second editions of Solar & Storage Live Indonesia and EVCharge Live Indonesia,” said Paul Clark, Managing Director, Terrapinn Asia. “The expo has doubled in size since last year, underscoring the level of excitement around Indonesia’s clean energy plans. There’s no better place to get the latest updates on the 100GW plan and the commitment to create a cleaner, greener future for all Indonesians and to meet the people that can actually get your projects moving.”

Solar & Storage Live Indonesia 2026 and EVCharge Live Indonesia 2026 will take place at ICE BSD City, with one visitor pass providing access to both exhibitions. Admission to the event is free for visitors who register.

To register or find more information, please visit: www.terrapinn.com/SSLID26-PRN

Event Details

Solar & Storage Live Indonesia 2026 | EVCharge Live Indonesia 2026
Dates: 11–12 November 2026
Venue: Halls 3 & 3A, Indonesia Convention Exhibition (ICE), BSD City, Tangerang, Indonesia
Opening hours:

Wednesday, 11 November: 08:30–17:30 WIBThursday, 12 November: 09:00–17:00 WIB

About Solar & Storage Live Indonesia

Solar & Storage Live Indonesia is a business-to-business exhibition and conference dedicated to advancing solar power and energy storage deployment in Indonesia. It connects utilities, project developers and energy buyers to explore new technologies, business opportunities and partnerships across the solar and storage value chain.

About Terrapinn

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something. www.terrapinn.com

PRNewswire is the Official Media Partner of Solar & Storage Live Indonesia 2026 and EVCharge Live Indonesia 2026.

Press attendance is complimentary. For media enquiries, please contact:

Judith Soh
Marketing Manager
Terrapinn
judith.soh@terrapinn.com

Jessica Foong
Marketing Director
Terrapinn
jessica.foong@terrapinn.com

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/from-targets-to-projects-solar–storage-live-and-evcharge-live-indonesia-2026-focus-on-infrastructure-delivery-302926728.html

SOURCE Terrapinn Pte Ltd

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