Amasheya e-Nvidia Awa ngo-4% Ngemva Kombiko Wemali Etholwayo—Abatshalizimali ‘Bashiye Befuna Okuningi’

Lapho Ukuwina Kungenele: Lokho Ukwehla Kwemali Engenayo Ka-Nvidia Okufundiswa Wonke Abanikazi Bebhizinisi

Ekupheleni kukaFebhuwari 2025, uNvidia wethule lokho izinkampani eziningi ezingaphupha ngakho kuphela: umbiko weholo owephula irekhodi owaqeda izibikezelo ze-Wall Street. Imali engenayo idlule ku-$39 billion ngekota, inzuzo inyukile, futhi isidingo sama-chips e-AI sahlala singanelisi. Khona-ke isitoko sehla ngo-4%. Isizathu? Abatshalizimali, njengoba abahlaziyi bekubeka ngokushesha, "bashiye befuna okwengeziwe." Umhlahlandlela awuzange uqhume ngokwanele. Amamajini abengakhuli ngokushesha ngokwanele. Ikusasa, naphezu kokuba lalikhanya ngendlela engavamile, alizange likhanye ngendlela imakethe yayicabanga ngayo. Lokhu kuyindida kwebhizinisi lesimanjemanje elikhula kahle: ungenza yonke into ngendlela efanele kodwa ungaphumeleli endabeni abantu abazitshela yona ngawe.

Kumabhizinisi nosomabhizinisi abayi-138,000+ abasebenzisa izinkundla ezifana ne-Mewayz ukuze baqhube imisebenzi yabo yansuku zonke, isikhathi sika-Nvidia sinesifundo esisebenziseka kakhulu kunanoma yini etholakala ephephandabeni lezohwebo. Amandla adala ukuthi abatshalizimali abangochwepheshe bajezise inkampani ephula amarekhodi yizinto ezifanayo ezibukela phansi buthule indlela abasunguli, ama-opharetha, nabaholi bamaqembu abalinganisa ngayo impumelelo yabo. Ukuqonda igebe phakathi kokusebenza nokulindela - nokufunda ukukuphatha ngendlela ehlelekile - kungase kube ikhono lebhizinisi elibukelwa phansi kakhulu lenkathi ye-AI.

Isicupho Esilindelwe: Kungani Imiphumela Yokurekhoda Ingase Izwakale Njengesihluleki

Isimo sika-Nvidia siyisibonelo sencwadi yalokho osomnotho bokuziphatha abakubiza ngokuthi i-ratchet yokulindela. Uma inkampani ikwenza ngokuqhubekayo okuqagelayo, imakethe iyayeka ukuphatha lokho kudlula njengempumelelo bese iqala ukukubhaka ekuqageleni okuyisisekelo. UNvidia ubesehlule izilinganiso zeholo zamakota ayi-11 elandelana. Ngomhla ka-12, abahlaziyi bebengabuzi ukuthi "ingabe bazokwedlula okulindelwe?" - babebuza ukuthi "yimalini?" Usilingi wawulokhu ukhuphuka, futhi noma iyiphi ingxenye yesine eyayivele yawususa, kunokuba iqale ngawo, yayifundeka njengokuphoxeka.

Lokhu akukhona ukuziphatha okungenangqondo. Kuwumqondo ohlanganisayo wokukhula ngezinga. Lapho inkampani ikhiqiza ama-dollar ayizigidi eziyizinkulungwane ezingama-130 emalini engenayo yonyaka, ukuletha ukukhula konyaka nonyaka okungama-78% kuba nzima ngokwezibalo kunangesikhathi imali engenayo iba ngamabhiliyoni angama-26. Izinombolo eziphelele zilokhu zikhuphuka; izinga lokukhula kwephesenti ekugcineni kufanele lehle. Inkinga ukuthi izimakethe intengo ngephesenti, hhayi ngokuphelele. Ibhizinisi elikhula ngo-78% liphathwa ngendlela ehluke kakhulu kunebhizinisi elikhula ngo-60%, ngisho noma leli lakamuva lingenisa imali yangempela eyengeziwe.

Kubanikazi bamabhizinisi abancane nabamaphakathi, lolu gibe luvela ngendlela ehlukile kodwa ngendlela elimazayo. Kubukeka njengomsunguli ofinyelela ingqophamlando yemali engenayo yomuntu siqu futhi ngokushesha usethe elandelayo phezulu ngo-50% ngaphandle kokuma isikhashana ukuze ahlaziye ukuthi yini ngempela eshayele okokuqala. Kubukeka njengeqembu labadayisi elivala ikota yerekhodi futhi lijeziswe ekuziphatheni okuhle lapho ikota elandelayo imane iyinhle kakhulu. I-ratchet ayinandaba nomongo wakho. Inaka kuphela umkhondo.

I-AI Premium: Indlela I-Hype Edala Ngayo Uhlobo Oluhlukile Lwengozi Yebhizinisi

Ingxenye ebalulekile yokuthi kungani isitoko sika-Nvidia sithwala okulindelekile okwedlulele kangaka ukuhlotshaniswa kwaso nobuhlakani bokwenziwa. Kusukela ngasekupheleni kuka-2022, i-AI ihehe izinga lemali nokunaka okuhlanekezela izinhlaka zokulinganisa ezijwayelekile. Isilinganiso sentengo-kuya-kumaholo sika-Nvidia sichithe isikhathi esiningi sika-2024 sihamba phakathi kuka-50 no-70 - amazinga angagcini nje ngokusebenza okuqinile, kodwa aphethe uguquko, iminyaka eyishumi. Uma uphatha ukulinganisa okunjalo, zonke izingcingo zeholo ziphenduka inhlolovo yokuthi uguquko lwenzeka ngokushesha ngokwanele yini.

I-AI ecosystem ebanzi idale indawo yebhizinisi enezigaba ezimbili. Izinkampani ezisochungechungeni lwengqalasizinda ye-AI - abakhiqizi be-semiconductor, abahlinzeki bamafu, ama-opharetha esikhungo sedatha - zibhekene nokucutshungulwa okungajwayelekile ngoba imali eyimali eyisimanga igeleze ibheke kubo. Khonamanjalo, amabhizinisi kuyo yonke eminye imikhakha abuzwa umbuzo othule kodwa ophuthumayo ngokufanayo: Usebenzisa kanjani i-AI ukuze ukhule? Abatshalizimali, amabhodi, ngisho namakhasimende aya ngokuya ehlaziya izinkampani hhayi nje ekusebenzeni kwamanje kodwa nangokulungela kwazo i-AI.

"Izinkampani ezizowina ishumi leminyaka elizayo akuzona ngempela ezakha i-AI - yizo eziyisebenzisa ngokushesha kuyo yonke imisebenzi yebhizinisi lazo, kusukela ekutholeni amakhasimende kuya ekusebenzeni kahle kwehhovisi."

Lokhu kudala isibopho esisebenzayo kubasebenzisi. Amabhizinisi asebenzisa amathuluzi anamandla e-AI kukho konke ukuhamba kwawo komsebenzi - ukulandela kwe-CRM okuzenzakalelayo, ukukhiqiza ama-invoyisi ngemizuzwana, ukusebenzisa imali ekhokhelwayo ngamanani amaphutha ancishisiwe - akukhona nje ukonga isikhathi. Bacindezela igebe phakathi kokusebenza kwabo kwamanje kanye nophahla lwabo lwetiyori. Amapulatifomu afana ne-Mewayz, eshumeka okuzenzakalelayo nokugeleza komsebenzi okuhlakaniphile kuwo wonke amamojula webhizinisi angu-207, avumela opharetha ukuthi bathwebule ukusebenza kahle okuqhutshwa yi-AI ngaphandle kokudinga ukwakha ubuchwepheshe bobunikazi kusukela ekuqaleni.

Ukuphatha Ukulandisa: Lokho uNvidia Akuthola Okulungile (nokuthi Yini Amabhizinisi Angayifunda)

Ngaphezu kokuncipha kwesitoko, abaphathi be-Nvidia benze izinto ezimbalwa kahle kakhulu ngendlela abadlulisela ngayo imiphumela yabo. I-CEO uJensen Huang wayeqonde ngqo mayelana nezivunguvungu zesikhathi esiseduze - okuhlanganisa imikhawulo yokuthumela e-China kanye nomugqa wesikhathi okhuphukayo wama-chips esizukulwane esilandelayo sama-Blackwell chips - kunokuba uwasithe ngolimi olunethemba. Ugcizelele ingxoxo ngokucacile: ngaphezu kuka-70% wemali engenayo yesikhungo sedatha ibivele ivela ekwakhiweni kweBlackwell phakathi nekota eyodwa yokwethulwa kwayo. Lolo hlobo lobumbudumbudu lwakha ukwethembeka ngisho nalapho lungakuqedi ukuntengantenga.

Isifundo kubaqhubi bebhizinisi simayelana nesiyalo sokuphatha ukulandisa okuthembekile. Izinkampani eziningi kakhulu - ikakhulukazi ezincane - zixhumana ngokuyinhloko ngemiphumela ("sibe nekota enkulu") esikhundleni semishini ("nakhu kahle ukuthi yini eqhube ukukhula nokuthi yini engakhawulela umjikelezo olandelayo"). Ukuxhumana kwemiphumela kuphela kusebenza kuze kube yilapho kungenzeki, futhi lapho ukusebenza sekudamba, igebe lokwethembeka liba likhulu ngoba akekho owaqonda injini ngokwanele ukuba abeke umongo ukuncipha.

Amasistimu okwakha enza ukuthi izinsimbi zebhizinisi lakho zibonakale futhi zilinganiseke zilingana nokusebenza nalokho u-Huang akwenza kuleyo kholi yezinzuzo. Lapho yonke iminyango - kusukela kwa-HR kuya ekuphathweni kwemikhumbi kuya empumelelweni yamakhasimende - ibika ngokumelene namamethrikhi acacile, angashintshi ngesikhathi sangempela, ubuholi bungaxoxa indaba ehambisanayo mayelana nempilo yebhizinisi. Lokho kubeka izinto obala akusizi nje ngaphakathi; kuyimpahla yokuncintisana uma uveza abatshalizimali, uqasha ithalente, noma uxoxisana namakhasimende ebhizinisi.

Ukusebenza Okubalulekile Okubalulekile: Ukukhulisa Imali Engenayo Ngaphandle Kokukhula Kwezinxushunxushu

Enye yezindaba ezithule ngaphakathi kweholo lika-Nvidia bekuwumkhawulo wokusebenza. Inkampani igcine inzuzo enkulu yize ikhula ngokushesha - okuyinhlanganisela amabhizinisi amaningi ahlulekayo ukuyigcina. Njengokubalwa, ubunkimbinkimbi bochungechunge lokuhlinzeka, kanye nezindleko ze-R&D zikhula ngemali engenayo, amamajini ngokuvamile acindezela. Ikhono le-Nvidia lokubamba amamajini eduze kwenzuzo yokusebenza engu-57% ngokwengxenye liwumsebenzi wamandla ayo entengo acishe abe yedwa, kodwa futhi libonisa isiyalo sokusebenza: ukugxila okungenalunya lapho izinsiza ziqhuba inani ngempela.

Ebhizinisini elimaphakathi, ukugcinwa kwemajini ngenkathi kukhula kudinga amandla okusebenza ahlelekile. Lokhu kusho izinhlelo zokwakha ezikala ngaphandle kokukhuphuka kwezindleko ezilinganiselwe. Cabanga ukuthi lokhu kubukeka kanjani ekusebenzeni:

• Ama-invoyisi azenzakalelayo neqoqo lokukhokha elisingatha amaklayenti angu-500 ngomzamo weqembu ofanayo owawudingeka ngaphambilini kwabangu-50
• Amasistimu ahlanganisiwe we-HR kanye nama-payroll asusa ukubuyisana okwenziwa ngesandla futhi anciphise amaphutha okuthobela njengoba kubalwa kabili
• CRM automation ekhulisa i-10,000 ehamba phambili ngokusebenzisa ipayipi elivame ukudinga ithimba labantu abahlanu
• Ukulandelela izimoto nezinto zokusebenza okwehlisa izindleko zikaphethiloli nezokulungisa ngohlelo lokubikezela kunokuphatha okusebenzayo
• Amadeshibhodi ezibalo aveza ukungasebenzi kahle kokukhishwa kwemajini ngaphambi kokuthi ahlanganiswe ngekota egcwele

Ngayinye yalezi imele iphoyinti le-leverage — indawo lapho amasistimu enza khona umsebenzi owawusetshenziswa abantu, ukukhulula imali yabantu ukuze uthole izinqumo zenani eliphezulu. Amabhizinisi awinayo njengamanje akuwona lawo anabantu abaningi noma axhaswe kakhulu. Yilabo ingqalasizinda yabo ekala ngaphambi kwenzuzo yabo, kunokuba bajahe ukuhambisana nayo.

Yini "Ukushaya Okulindelwe" Empeleni Kudingayo ngo-2025

Isimo sika-Nvidia sibeka kabusha umbuzo okufanele wonke umholi webhizinisi awubuze njalo: Yini ngempela ababambiqhaza bami abayilindele kimi? Hhayi abakushoyo emihlanganweni. Hhayi lokho okubhalwe ohlelweni lwangonyaka odlule. Ingabe ukuziphatha kwabo - ukutshala kwabo isikhathi, imali, ukunaka, ukwethembeka - kusho ukuthini ngalokho abakholelwa ukuthi leli bhizinisi lingakwazi ukukwenza?

Impendulo ivamise ukudinga kakhulu kunalokho abakuqaphelayo abaholi. Amakhasimende ahlangabezane nokuzizwisa kwedijithali okungashayisani okuvela ezinhlelweni zokusebenza zabathengi manje asebenzisa lelo zinga kubathengisi be-B2B. Izisebenzi ezibone ontanga besebenzisa amathuluzi e-AI ukuze ziphindwe ka-10 umkhiqizo wazo zibuyekeze lokho ezikulindele kubaqashi bazo. Abatshalizimali ababukele izinkampani zama-software zicindezela iminyaka eyi-10 yokusebenza kwenguquko yaba yizinyanga eziyi-18 babuyekeza lokho okushiwo "ukukhula okuqinile" kuyo yonke imikhakha.

Ukuhlangabezana nalokhu okulindelwe okuphezulu kudinga okungaphezu kwezinhloso ezinhle. Idinga ingqalasizinda eletha ngokungaguquki, ngokulinganisa, nangesivinini. Ngamabhizinisi akhulayo, lokho kusho:

1. Ukuhlanganisa idatha ukuze kwenziwe izinqumo ngamaqiniso, hhayi umuzwa noma ama-silo omnyango
2. Ukugeleza komsebenzi okuphindaphindayo ngokuzenzakalela ukuze amaqembu agxile kokuhlukile, amasu, kanye nobudlelwano
3. Ukuhlanganisa idatha yezezimali, yokusebenza, neyomthengi embikweni obumbene ubuholi obungasebenza kuwo ngamahora, hhayi amaviki
4. Ukwakha amasistimu asekelwe kumamojula aguquguqukayo anganwebeka abe namandla amasha - ukubhuka, izibalo, i-HR, i-e-commerce - ngaphandle kokudinga ukufuduka kwenkundla njalo ezinyangeni eziyi-18

Lena impela i-architecture i-Mewayz eyakhiwe kuyo yonke indawo: isistimu yokusebenza yebhizinisi lapho i-CRM, ama-invoyisi, ukukhokhelwa, izibalo, izimoto, kanye nokusebenza kwe-HR njengamamojula ahlanganisiwe esikhundleni samathuluzi anqanyuliwe. Umgomo akukhona nje ukusebenza kahle - unikeza abaqhubi isisekelo sesakhiwo sokuhlala bedlula izibikezelo zabo kunokuba bajahe ukuchaza ukuthi kungani bengakwenzi.

Igeyimu Emide: Kungani Ukusebenza Okuqhubekayo Kwehlula I-Explosive Hype

I-Nvidia izolulama. Kuhlala kunjalo. Ukwehla ngo-4% ngemuva kwenzuzo yerekhodi, ngokwesilinganiso seminyaka eminingi, umbhalo waphansi. Kodwa kumabhizinisi amancane, isifundo siphuthuma kakhulu: ungawakhi umsebenzi wakho ngokuzungeza imijikelezo ye-hype. I-AI boom idale ama-tailwinds angavamile kumabhizinisi asebenzisa futhi athengise amathuluzi aqhutshwa ubuhlakani, kodwa ama-tailwinds awesikhashana. Okuhlukanisa amabhizinisi asebenzisa indawo ekahle ukuze akhe izinzuzo ezihlala isikhathi eside kusukela kulawo avele agibele igagasi futhi aphahlazeke lapho ehlehla yikhwalithi yengqalasizinda yawo yokusebenza.

Ukusebenza okuzinzile akukhangayo kunezihloko zezindaba zokukhula komchazi. Yinkampani ehlanganisa buthule ku-30% ngonyaka iminyaka eyisithupha kunokuba iqhume ikhule ngo-200% bese ivutha. Umsunguli owakha izinqubo ezisebenza ngaphandle kwakhe, kunokuba abe umgoqo ongenakushintshwa wempumelelo yakhe. Yiqembu elithumela imiphumela enokwethenjelwa ikota nekota ngoba amasistimu abo ayenza ibonakale ngokugcwele, kuneqembu elinekota eyodwa edumile bese likhubeka lizama ukuchaza ukuthi kwenzekeni.

Isifundo sangempela sika-Nvidia asiphathelene nezitoko noma ama-semiconductors. Kumayelana negebe phakathi kokusebenza nokubona - kanye nomsebenzi wenhlangano odingekayo ukuze kuvalwe lelo gebe ngokungaguquki. Ezweni lebhizinisi lapho wonke umqhubi angaphansi kwenguqulo ethile ye-ratchet elindelwe, okuwukuphela kwethango elithembekile ukwakha amasistimu aqinile ngokwanele ukuze ahlale esebenza kahle kakhulu, ngisho noma ibha ilokhu ihamba. Lowo msebenzi uqala nengqalasizinda oyakha namuhla, hhayi isihloko osijaha kusasa.

Imibuzo Evame Ukubuzwa

Kungani isitoko sika-Nvidia sehle nakuba ibike imali engenile?

Isitoko sika-Nvidia sehle cishe ngo-4% ngenxa yokuthi abatshalizimali base bevele benentengo ngemiphumela ehlukile—futhi isiqondiso sangaphambili asizange sidlule lokho obekulindelwe phezulu. Ku-Wall Street, intengo yesitoko ibonisa amandla esikhathi esizayo, hhayi ukusebenza kwangaphambilini. Uma umbono wenkampani wehluleka ukudlula lokho obekulindelwe abahlaziyi, imakethe isabela ngokudumala, ngisho noma ibhizinisi eliyisisekelo lenza kahle ngendlela emangalisayo nganoma isiphi isilinganiso somgomo.

Kusho ukuthini "abatshalizimali abasele befuna okwengeziwe" kumnikazi webhizinisi?

Kusho ukuthi umbono ungadlula iqiniso ezimakethe eziqhutshwa umfutho. Kubanikazi bamabhizinisi, isifundo siwukuthi ukuphatha okulindelekile kubaluleke njengokuletha imiphumela. Uma uthembisa njalo u-10x futhi uletha u-8x, ababambiqhaza bazizwa bedangele—yize u-8x emangalisa. Ukubeka izilinganiso ezithembekile, ezisimeme kunokujaha ama-hype kuvikela ukwethembeka kwesikhathi eside kanye nokwethenjwa kwabathintekayo kangcono kakhulu kunokuthembisa ngokweqile.

Amabhizinisi amancane angalugwema kanjani ugibe lokujaha amamethrikhi okukhula esitayela sotshalizimali?

Gxila ekukhuleni okusimeme, okuqhutshwa yisistimu esikhundleni se-quarter-to-quarter optics. Amathuluzi afana ne-Mewayz—isistimu yokusebenza yebhizinisi enamamojula angu-207 etholakala ku-app.mewayz.com ngo-$19/ngenyanga kuphela—isiza abanikazi balandelela ama-KPI anengqondo kukho konke ukumaketha, ukuthengisa, nokusebenza ngaphandle kokulahlekelwa umbono wokuthi empeleni yini eyakha ibhizinisi elinempilo. Ukukhula kwangempela kukalwa ngokugcinwa kwamakhasimende, ukuthuthukiswa kwemajini, nokusebenza kahle, hhayi nje izinombolo zenzuzo eziyinhloko.

Isiphi isifundo esibalulekile sebhizinisi esivela ku-Nvidia's post-earnings stock dip?

Impumelelo kumele kukhulunywe ngayo ngokucacile, futhi okulindelwe kufanele kulawulwe ngokuqhubekayo. Ngisho nokusebenza okusezingeni lomhlaba kungafundwa kabi ngaphandle komongo ofanele. Kosomabhizinisi, lokhu kusho ukuqondisa ithimba lakho, amaklayenti, kanye nozakwethu eduze nezinyathelo ezingokoqobo kanye nokubonisa inqubekelaphambili engaguquki. Kungakhathaliseki ukuthi ukhulisa isiqalo noma uphatha ibhizinisi, izinkundla zebhizinisi ezihlelekile ezifana ne-Mewayz ku-app.mewayz.com zingakusiza ugcine ukucaca nokuziphendulela kuzo zonke izigaba zokukhula.