PIM stands for Product Information Management. It is a category of software that business organizations use to store and update a crucial form of data i.e. product data. PIM software keeps a track record of any and every product right from the supplier to the end-users. It is a single interface for creating product catalogs, collecting product information, and keeps the updated data accessible to various marketing channels for unified marketing strategies. 

​1. Location is crucial
 
There are many different kinds of home offices. A home office can be in its own room, a quiet corner or even in the kitchen. When choosing the best place to locate your home office, you need to consider when and where you do most of your work. In case you are a busy mom, then a kitchen desk area may serve as your central command center. But if you are a professional, you will need to choose an isolated area where you won't be interrupted or distracted by the daily flow of your household.

Tranquility Hospitality Management, an Icelandic startup best known for the upcoming TranquilityNET PMS platform, is growing at a fast rate due to early reviews that are proving the platform to be a real game changer for hotels. Even though TranquilityNET hasn’t launched yet, it has already raised over $280,000 from an Icelandic VC firm and over 300 hotels have already signed on to implement the platform as their main PMS software next year. After TranquilityNET finally launches, what’s next? We talked to Tranquility’s Karl Trausti about what his next plans were for the next decade.