The majority of UK manufacturing businesses are unaware of the new wide-ranging data protection rules which come into force in less than a year’s time – despite 18% admitting the maximum fine for non-compliance would force them out of business and 14% saying it would lead to large scale redundancies. According to a YouGov survey of 300 manufacturing businesses, which was commissioned by national law firm Irwin Mitchell, only three in every 10 firms have started preparing for the new General Data Protection Regulation (GDPR) which commences on 25 May 2018. GDPR represents the biggest change in 25 years to how businesses process personal information and it replaces existing data protection laws. Under the new rules, the maximum fine for certain data breaches in the UK will rise from £500,000 to €20million or 4% of global turnover, whichever is larger. Despite this and the fact that virtually all businesses will be affected, only 36% admit to being aware of the rules. Seventy one per cent of manufacturers are unaware of the new fines and 18% say they would go out of business if they received the maximum punishment. Fourteen per cent think they would need to make significant job cuts with a further 20% admitting that smaller scale headcount reductions will be necessary. Joanne Bone, partner and data protection expert at Irwin Mitchell said: “These results are concerning because with next May’s deadline fast-approaching and with so much at stake, our study reveals there’s a very real possibility that the majority of manufacturers will not be compliant in time.” The notification of certain data breaches where there is an impact on privacy, such as a customer database being hacked or a letter being put in the wrong envelope, must be given to the Regulator within 72 hours under the new regime. However, Irwin Mitchell’s survey found that only one quarter (24%) of manufacturers are certain that they would be able to detect a data breach within their organisation. Just 28% say they are confident they would notify the relevant stakeholders within the required timescale of three days. Other changes under the GDPR include an obligation to be more transparent about how personal data is used. Businesses will also need to have processes in place in case an individual asks for all their personal data to be erased. Irwin Mitchell believes the low level of awareness of GDPR is caused by a number of misconceptions that exist about the new rules and say this has led to a level of complacency. This view is supported by 34% of businesses claiming that GDPR will have no impact, claiming that GDPR is not an issue for their sector. Twenty eight per cent claim it isn’t relevant to their business as they are not a consumer business. The reality is that the rules encompass a wide range of personal data including employee data, payroll and pension records. They also apply to data in a business context where individuals are concerned, such as sole traders and partnerships. Irwin Mitchell’s Joanne Bone added: “Contrary to popular belief personal data is not just consumer information. It is hard to think of a business today that does not use personal data. Whether you have employee data, customer data or supplier data – if the data relates to an individual you will be caught by the new data protection laws.” The survey revealed that only 18% of manufacturing businesses view the new data protection rules as an opportunity and 11% said the rules will have a positive impact on their organisation. Dorrien Peters, partner & manufacturing sector specialist at Irwin Mitchel, said: “It is important to recognise that taking a proactive approach towards GDPR compliance will potentially reap financial benefits. “The opportunities for manufacturers to take advantage of the Big Data Revolution and embrace Industry 4.0 to become more profitable are real and this is forcing manufacturers to improve the connectivity of their businesses. Good data governance is a crucial part of this, indeed it will be essential to achieve the future state of a digitally integrated supply chain.” About the researchIrwin Mitchell’s GDPR survey was completed by 2,129 senior decision makers within businesses and the sample included 299 manufacturers. The fieldwork was undertaken between 18-27 April 2017 and carried out online by YouGov. The figures have been weighted and are representative of all GB businesses in terms of size (i.e. employees). The post Manufacturing firms risk damaging fines by ignoring implications of new data protection rules, says survey appeared first on Statii News. from http://news.statii.co.uk/manufacturing-firms-risk-damaging-fines-by-ignoring-implications-of-new-data-protection-rules-says-survey/
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Total Hygiene (Clos-o-Mat), the supplier of specialist wash and dry toilets for the elderly and disabled, is reaping the rewards following the implementation of a high-tech system to manage its mobile service operation. The cloud-based Maxoptra dynamic route planning and scheduling software has already helped the company increase the productivity of its service engineers by more than 30 per cent, improve customer service, and make significant inroads in the journey towards a paperless office. “Prior to the implementation of Maxoptra, service engineers would schedule their own workload and plan their own routes,” commented Michael Delaney, Service Administration Supervisor at Total Hygiene. “Despite the vast experience of our UK wide service team, this wasn’t always the most efficient way of working. Moving to Maxoptra has allowed us to take control back to the office and we are now able to provide clients with timely updates further improving the service we offer.” Total Hygiene (Clos-o-Mat) manufacture, install and maintain the Clos-o-Mat wash and dry automatic shower toilets. With more than 55,000 units sold to date, some of which are still in daily use at least 30 years after installation, Clos-o-Mat is the only manufacturer in this sector based wholly in the UK and with a dedicated in-house service team. Offering nationwide coverage the field based engineers install and maintain equipment in tourist attractions, such as Wembley Stadium and Cadbury World, hospitals and healthcare facilities, retail outlets, including Morrison’s supermarkets, and private residences. “Maxoptra’s simple to use interface and visual planning tools makes life easy for our planners,” continued Michael. “In fact Maxoptra is so straightforward you can be up and running in minutes. Although easy to implement and easy to use the functionality offered, especially the ability to auto plan diaries, is immense.” Total Hygiene originally selected Maxoptra as it integrated with their TomTom in-cab navigation system supplied by Communicate Better. Total Hygiene is currently using Maxoptra’s manual planning option, assisted by intelligence driven routing and scheduling algorithms. As engineers are brought online the move to Maxoptra’s automatic planning will be made and the system integrated with the company’s asset management system. “My experience with Maxoptra has been very positive,” concluded Michael. “The system has done everything we hoped it would and the support has been second to none. We have increased productivity, improved customer service and we are confident that the continued use of Maxoptra will contribute to a rise in profitability.” The post Maxoptra route planning leaves Total Hygiene flushed with success appeared first on Statii News. from http://news.statii.co.uk/maxoptra-route-planning-leaves-total-hygiene-flushed-with-success/ Global software giant SAP sees an opportunity for its wide portfolio in Saudi Arabia as the Middle Eastern country transformsFollowing SAP’s recent announcement that it is investing SAR285m ($76m) to create a public innovation cloud hub in the Kingdom of Saudi Arabia, the company has revealed that it is supporting the nation’s digital transformation through a cloud initiative. The SAP Cloud Hub will be established in collaboration with the Saudi Ministry of Communication and Information Technology, to help deliver the Saudi Vision 2030 and the National Transformation Programme (NTP) 2020. Ahmed Al-Faifi, managing director at SAP Saudi Arabia, Yemen, and Bahrain, said driving cloud solutions will be SAP’s key goal in Saudi Arabia in 2017 where it wants to support public and private sector Saudi organisations. Al-Faifi said SAP sees five main areas for its technologies in Saudi Arabia: the cross channel citizen experience; supplier collaboration business networks; time digital core technology; workforce engagement, and delivering big data across the internet of things (IoT). “SAP is dedicated to leveraging its global experience and expertise to drive Saudi’s digital transformation.” SAP is targeting public and private sector organisations that are attempting achieve the nationwide digital transformation goals outlined by the government. “Across the Kingdom, we are recruiting customers and accelerating the training, certification, and capacity of existing clients to prepare them with the digital solutions to meet their business needs,” he said. With the introduction of the Saudi Vision 2030 and NTP 2020, the company now believes more than ever that transforming into a digital government is the only way for the country to completely realise this vision. “In terms of industry verticals, we see strong digitisation potential in banking and finance, education, government and public sector, healthcare, manufacturing, oil and gas, retail, smart cities, sport, telecommunications and, transportation and logistics,” he said. Lower prices a catalyst for supportWhile the drop in crude oil prices has impacted Saudi Arabia’s IT infrastructure spending, Al-Faifi said lower oil and gas prices have actually been a catalyst for supporting SAP’s business in the Kingdom. The supplier is working closely with a wide range of customers to develop digital transformation strategies and upskill public and private sector organisations in the latest technology solutions to save time and costs, and drive new digital business models, while also supporting Saudi Vision 2030 and the NTP 2020. “The Kingdom continues to be the highest-spending IT market in the Middle East, with recent industry reports expecting Saudi IT spend to reach SAR 28bn ($7.4bn) in 2017, and ICT spend to reach SAR128bn ($34.1bn) in 2017,” he said. Saudi Arabia’s energy, oil, and gas sectors are also increasingly planning and executing digital transformation plans and investing in technology innovation to support the Saudi Arabia’s economic diversification plans. “We believe Saudi energy firms can use real-time insights to manage production, maintenance, engineering, and financials using technology,” he said. SAP is making inroads in driving the Kingdom’s cloud adoption, creating a Cloud Innovation Hub and offering packaged and localised solutions for 25 industries and 12 lines of business. “Three key technology solutions that are proving vital for the cloud include: SAP HANA, SAP S/4HANA, and the SAP IoT platform (SAP Leonardo),” said Al-Faifi. Strong take-up in Saudi ArabiaThe SAP Business Network is also seeing strong take-up in Saudi Arabia. These include: business-to-business commerce platform SAP Ariba, which connects about 2.5m business worldwide with a trade volume of $855bn; travel and expense platform Concur, which is used by more than 45 million travellers; and external workforce and service procurement solution Fieldglass, which manages more than 3.1 million temporary workers. Small businesses offer strong growth potential for SAP in Saudi Arabia. “Worldwide, small businesses represent 80% of our customers, and with the vast majority of organisations and job creators in Saudi Arabia being small businesses, there is strong potential for enabling them with technology that puts them on par with large enterprises,” he said. “Both the Saudi Vision 2030 and NTP 2020 call on supporting private sector growth and SMBs face an urgent need to replace legacy systems with the latest digital solutions to support their growth in a digital driven economy.” Across the Middle East and North Africa, SAP’s sales to SMBs are growing 45% year-on-year, and the company has a large team dedicated to the sector. “We are rapidly changing from targeting the upper-end of the SMB market to include smaller organisations as well,” said Al-Faifi. Source: ComputerWeekly The post SAP aligns with Saudi Arabia’s IT transformation agenda appeared first on Statii News. from http://news.statii.co.uk/sap-aligns-with-saudi-arabias-it-transformation-agenda/ Sales Cloud PRM leverages Einstein AI to enable channel partners to close deals faster Companies that rely most on distributors and resellers–including those in manufacturing, high-tech and telecom–trust Salesforce to supercharge their sales SAN FRANCISCO, May 31, 2017 /PRNewswire/ — Salesforce [NYSE: CRM], the global leader in CRM, announced Sales Cloud Partner Relationship Management (PRM), a new sales app that will empower companies to turbocharge channel sales. With one-third of the average company’s revenue coming from partners1—and more than two-thirds of revenues for companies in high-tech2, manufacturing3 and telecom--4 it is critical to arm every partner, distributor and reseller with the personalized tools and information they need to sell smarter and faster. Introducing Sales Cloud PRM To deliver Sales Cloud PRM, Salesforce is bringing together new and existing technologies, including:
The announcement extends the world’s #1 SFA, Sales Cloud, even further to empower companies to accelerate their sales with smart, customizable apps for every sales function. Sales teams of every kind are improving forecasting and collecting cash faster with Salesforce Quote-to-Cash. Field sales reps are accessing their CRM with the Salesforce1 mobile app while on the go. Sales managers are exploring data quickly and getting actionable insight with Sales Wave Analytics. And digitally powered sales reps are using Einstein High Velocity Sales Cloud to quickly identify the best leads, eliminate busy work and boost pipeline to increase sales. Salesforce Trailhead: Empowers Everyone to Skill-Up Comments on the News:
Source: Salesforce The post Salesforce Introduces Sales Cloud Partner Relationship Management-The New Intelligent Sales App, Built On The #1 CRM Platform appeared first on Statii News. from http://news.statii.co.uk/salesforce-introduces-sales-cloud-partner-relationship-management-the-new-intelligent-sales-app-built-on-the-1-crm-platform/ WASHINGTON, May 30, 2017 (GLOBE NEWSWIRE) — Interfolio, pioneer in faculty-focused technology for higher education, is announcing a premium integration with its long-term partner Clarivate Analytics to provide valuable faculty publication and citation information. By leveraging records from the Web of Science InCites service from Clarivate Analytics, Interfolio will be able to provide research analytics, citation metrics, and faculty publication information at-a-glance within its faculty activity reporting platform. As a result of this powerful integration, scholars will be able to track, analyze and sync this research data with other valuable sources of faculty activity within a single, user-centric platform. Faculty members benefit from increased transparency and insight into their work, as well as significant time savings. “We are excited to build on the long and successful partnership with Interfolio, ensuring that our mutual customers for Web of Science and InCites get maximum benefit from the wide variety of content and metrics made available through their Clarivate subscriptions,” said Emmanuel Thiveaud, Head of Research Analytics at Clarivate. “We strongly believe that enhancing the accessibility and immediacy of our content via our suite of APIs greatly benefits the end users, and Interfolio’s Faculty180 platform is an excellent showcase for this.” Interfolio currently offers the most extensive set of scholarly data sources through direct integrations with services such as Web of Science, ArXiv, PubMed, Medline, ADS, iNSPIRE, Academic Analytics, ORCID, and the Canadian Common CV, as well as imports from faculty profile systems, such as Google Scholar, Mendeley, Microsoft Academic Search, and others. Interfolio also integrates with embedded campuses technology, such as ERP and HR systems, course evaluation products (such as CoursEval and Evaluation Kit), student information systems (SIS), campus grant and funding management systems, and legacy or home-grown technology. In addition, Interfolio’s open and accessible APIs allow data to be pushed out of its system to enrich campus websites and repositories, data warehouses, and any other campus system where a rich source of faculty activity data is valuable. “As a faculty-centric organization that prides itself on creating the best shared governance workflow engine in the industry, we are trying to deepen our product’s value by providing faculty with essential insights into their research activity,” said Andrew Rosen, Interfolio CEO. “Our goal is to make it easier for faculty to update and maintain their CVs with accurate, thorough data sets.” Amongst competitors, Interfolio is unique in that its data partnerships are both robust and mature: the majority of its partnerships, including Web of Science from Clarivate Analytics, have been functional within the faculty activity reporting platform for over five years. “We’re always looking for ways to use and integrate with external data sources that will enrich and simplify the faculty experience,” said Scott Wymer, Ph.D., VP of Academic Technology at Interfolio and founder of DATA180. “Clarivate has a very rich data set and has been an enthusiastic partner to work with.” Source: Nasdaq GlobeNewswire The post Interfolio Announces Premium Integration with Clarivate Analytics, Enriching Already Extensive List of Scholarly Data Partners appeared first on Statii News. from http://news.statii.co.uk/interfolio-announces-premium-integration-with-clarivate-analytics-enriching-already-extensive-list-of-scholarly-data-partners/ Hi I have been testing Creo 4.0 for suitability before the whole office switches over, as my role controls the whole process, If we can’t use it with the manufacturing, the design team don’t get it. I have a couple of issues with the dumping of Vericut and the replacement with Module works, that is preventing the office from switching over. Our process has tight QA procedures and accreditation that needs to be meet, and part of that is design verification with Vericut, where we run the simulation of the program and then full dimension check , and gouge tolerance calculation of the model in Vericut to verify that the program is correct to the design. Module works can’t do that. We do have the full license for Vericut 8.0 and can run it as a stand alone program, we now have more work to do as Creo now won’t put out the default files to start with. Is there a way to out put the part as .DSN and the stock as .STK, if so we can work with a template to achieve what we need to do. Maybe having the option to save part and stock files in these formats would help business like ours that still have to rely on Vericut. Also, when running Module works, I can section the stock piece, but the part isn’t sectioned, this needs to be fixed. and when saving the cut model as a part, and reusing it in the 2nd operation, ( a big plus for module works ), the next time I tried to simulate the 2nd operation, it locked up on Memory (98% usage). when saving the cut part, Creo needs to convert it into a PART format that isn’t so large for the memory to manage. I see a lot of benefits in using Module works, but PTC needs to make an effort to support business that still rely on Vericut. Save option for the required file formats will be a big help please… Peter The post CREO 4.0 F000 – vericut and Moduleworks appeared first on Statii News. from http://news.statii.co.uk/creo-4-0-f000-vericut-and-moduleworks/
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Privacy & Cookies Policy The post Public clouds woo SAP apps to win the heart of enterprise IT appeared first on Statii News. from http://news.statii.co.uk/public-clouds-woo-sap-apps-to-win-the-heart-of-enterprise-it/ As a business owner, wealth management and portfolio building are common jargon you come across every day. Wealth management has become very popular among entrepreneurs over the years, particularly those who are serious about protecting their financial well-being and future. In recent years, however, businesses are starting to incorporate the same wealth management strategies. Companies are working with investment counselors in developing better strategies to protect their wealth. Here are four valid reasons why your business needs to incorporate the same approach as well. Better PlanningGood planning is the key to successful and sustainable growth. A business can’t take advantage of market growth without having a good set of plans in place. Each decision needs to be made at the right moment in order for the business to expand its operations without increasing risks or investing in the wrong aspects of the growth. Wealth management’s main advantage is better planning. By analyzing the company’s existing resources and future plans, it is easy to create the right strategies to achieve a steady level of growth. Discover New OpportunitiesIt is difficult to remain competitive in today’s market without actively seeking new opportunities to explore. A good wealth management strategy will also include ways to discover and explore new opportunities for the benefit of the company. Expanding the business’s product portfolio is a good example of new opportunities to explore. The decision to start making new products cannot be made without taking into account all of the essential factors, including market demand and product lifecycle. By having a clear strategy in place, your business can benefit from having better flexibility in responding to new opportunities. The right decision can be made at every critical moment to ensure success. Cost SavingsLet’s not forget that good wealth management involves minimizing the costs of storing, managing, and using the company’s wealth. Top wealth counseling companies such as Carnegie Investment are known for their ability to find ways to optimize costs for individual investors and business clients. Reducing costs will bring more competitive advantages to the table. Lower overheads and operating costs mean your business can be even more competitive through better pricing structures and attractive offers for consumers. Easy DiversificationAside from expanding the company’s product portfolio, it is sometimes necessary to branch out into new industries. Idle company resources can be used to invest in new markets or operations, creating additional sources of revenue in the process. Unfortunately, this can be complex, especially for smaller companies with limited resources. This is where a skilled and experienced wealth manager or investment company can really help. Your business can take advantage of the experience and expertise offered by the wealth management service provider to branch out to new markets. Their counselors can also advise you on the best approaches to take. All of these advantages are just the start. Businesses today can really benefit from having a better wealth management strategy in place. The fact that getting started is also very easy to do makes wealth management a must. The post 4 Valid Reasons Why Your Business Needs a Wealth Management Strategy appeared first on Statii News. from http://news.statii.co.uk/4-valid-reasons-why-your-business-needs-a-wealth-management-strategy/ |
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