Business Chief Europe Magazine August 2020 | Page 235

What are the future goals for Terracycle ?
What are the future goals for Terracycle ?
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THAT systems and processes are constantly changing and evolving in the IT world , he set about making the presence of technology and its importance felt more deeply within the company . “ There was a need for my direct reports to be included in a lot more conversations ,” he explains . “ Making sure that IT-related vendor management was handled within the department , for example . TerraCycle grew from a small company that was super nimble and could pivot quickly ; that ’ s something we want to continue .” Now with a stronger grasp on its portfolio , the company has gone on to strike more favourable deals than ever before . Part of the company ’ s agility stems from shifting standards within the IT sector which favour moving away from in-house designed applications and refocusing on using best-in-class tech from third parties . Domokos states that the laborious task of developing software for warehouse management , logistics , accounting , service management and other everyday functions can now be easily handled by outsourcing to cloud providers like Amazon Web Services
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