FinancialForce, a leading customer-centric ERP cloud vendor built on the Salesforce Platform, announced a global sales and implementation partnership with Appirio, a Wipro company. This will help enable companies competing in the new services economy to leverage FinancialForce cloud technology to respond more rapidly to customer demands. The burgeoning new services economy demands a shift in the way businesses reach, and serve, customers. Professional services companies must find the right balance in revenue growth and customer satisfaction to increase agility and drive success. The partnership will offer enhanced customer-centricity to professional services teams or companies. Appirio’s deep experience with the Salesforce Platform, coupled with FinancialForce’s PSA solution, provides a total solution to customers. It will help service organizations cope with the many pressures regularly encountered, including optimizing billable utilization, revenue, average project margin, customer satisfaction and backlog management. “Appirio’s strategy has many synergies with FinancialForce, making it an ideal global partner to offer customer-centric solutions to the market,” said Johnny Ola, Vice President, Global Alliances and Business Development at FinancialForce. “With the prevalence of everything-as-a-service business models, we’re confident we will continue to offer a global, industry-leading solution to enable customer success. We’re excited to drive further growth and success with this partnership.” Braden Larmon, Vice President Global Alliances at Appirio added, “Partnering with FinancialForce was a natural evolution for us. We are both committed to ensuring professional services companies have the best chance of success and can compete effectively as everything-as-a-service models continue to thrive. We look forward to working together offering robust solutions to customer-centric companies around the world.” FinancialForce PSA is the highest customer-rated PSA solution for enterprise organizations and offers a single services app for all project stakeholders. It offers increased visibility for customers across sales, services delivery and finance to help keep projects on time, customers happy and reports up-to-date. FinancialForce and Appirio have a long history of working together. In 2011 FinancialForce acquired PS Enterprise from Appirio to form what is now FinancialForce PSA. Appirio is now a FinancialForce PSA customer which uses the solution as their own consulting operations system. As FinancialForce continues on its growth path, the company is gearing up for Community Live, an annual gathering of customers, industry leaders, and product experts for a dialogue on business strategy, educational sessions, and networking. The conference will take place from June 25-27 in Las Vegas, NV. For more information on Community Live and to register to attend, visit https://communitylive.financialforce.com. Salesforce and others are among the trademarks of salesforce.com, Inc. Source: Nasdaq GlobeNewswire The post FinancialForce Announces Global Sales and Implementation Partnership with Appirio appeared first on Statii News. from http://news.statii.co.uk/financialforce-announces-global-sales-and-implementation-partnership-with-appirio/
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IoT World 2018 in Santa Clara united thousands of organizations and attendees, hundreds of speakers and exhibitors and dozens of IoT startups. It’s one of those yearly events where you can meet all cross-industry giants at one place – Microsoft, SAP, Avnet, Boeing, UPS, MasterCard, Bank of America, T Mobile, Google, Amazon, Comcast, General Electronics, etc., and take a peek at the image of the future they suggest. The IoT For All team covered five notable companies that stood out at IoT World this year. I’d like to take a closer look at a different angle and discuss four major cross-cutting themes of the event.
Now, let’s move to more details and real business cases. 1. The Power of DataData is one of the core pillars in IoT. I’ve already brought up the staggering opportunities IoT data brings to enterprises, governments, and entire countries. Not surprisingly, data was the center of attention at the event. Speakers and panelists unanimously called data the new gold. Industry leaders envisioned business and industry growth using insights, suggested that companies learn how to understand data and use both new and legacy data, and showed examples with real revenues. One such speaker was Juan Perez, Chief Information Officer and Chief Engineering Officer at UPS, who showed us how the clever use of IoT data helps UPS save millions of dollars every year. Juan Perez defined the value of data analytics by a series of insightful examples. At UPS, analysis of sensor data allows them to optimize delivery driver routes, package tracking, and maintenance schedules. This approach helps the company receive impressive bottom line numbers: by reducing one mile per driver a day, for example, the delivery giant saves up to $50 million in the course of a year.
This vivid example of UPS shows us how a delivery company – and today also a serious technology company – relies on IoT and data strategy not only to improve efficiency, but to completely reinvent operations and processes and reach formerly unavailable performance standards. 2. Building an IoT EcosystemThe whole event in Santa Clara projected the concept of an IoT ecosystem for over the course of 4 days. Multiple platforms, products, hardware and software, new standards and connectivity solutions, vendors and innovative ideas represent what can be called an emerging IoT environment. Avnet, one of the leading global technology companies and a chief sponsor of the event, highlighted the importance of building a unified environment and creating an IoT ecosystem. Share this:The post 4 Key Takeaways from IoT World 2018 appeared first on Statii News. from http://news.statii.co.uk/4-key-takeaways-from-iot-world-2018/ According to a recent survey from SADA Systems of IT professionals at large companies, artificial intelligence (AI) and internet of things (IoT) are the primary areas of focus for enterprise investments in new tech in 2018. Of the 500 IT professionals surveyed, 38% claimed that AI was the primary focus of emerging tech projects, with IoT and blockchain coming in at 31% and 10%, respectively. IoT connected devices often generate the dizzying amounts of data necessary to train machine learning models. Of companies surveyed, more have IoT workflows already in production than AI. This is because a stable IoT and edge computing foundation are often prerequisites for enterprises to break ground on a machine learning model in the first place, though recent cloud PaaS rollouts of pre-built, adaptable ML models are shaking up the landscape for development. A study by Vanson Bourne (via Forbes) details that enterprises are primarily investing in AI to improve customer experiences and drive revenue through product innovation. But roadblocks to successful implementation are still aplenty. Breaking Down Barriers To AI Investment The question that opens an enterprise’s wallet for AI investment is not just, “How can we implement a machine learning model?” Instead, it’s, “How can we implement a machine learning model that adds value to our bottom line?” Failing to answer this question can lead to wasted dollars and dead-end projects. Although AI leads the way in new tech investment, there are still plenty of pitfalls for enterprise implementation. In a CIO article, Chris Curran notes that issues with leadership, alignment with business goals and the lack AI-skilled engineers can cause projects to stop dead in their tracks. Companies need to make sure that leadership understands the business case for investment and that a specific department leader spearheads AI development rather than letting small, fractured AI projects flare out across departments. Share this:The post AI And IoT Lead The Way For Enterprise New Tech Investment In 2018 appeared first on Statii News. from http://news.statii.co.uk/ai-and-iot-lead-the-way-for-enterprise-new-tech-investment-in-2018/
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Privacy & Cookies Policy Go to Source The post An ‘Emergency Sale’ of Bitcoins Just Earned $14 Million for German Law Enforcement appeared first on Statii News. from http://news.statii.co.uk/an-emergency-sale-of-bitcoins-just-earned-14-million-for-german-law-enforcement/ UK manufacturers are on the world stage of global producers and the industry looks set to continue on its positive trend since last year’s promising performance. Yet despite order books remaining stable, there are still major concerns for UK manufacturers surrounding Brexit, the uncertainty it brings and how it will impact upon their bottom lines.
According to the Annual Manufacturing Report 2018, 67 per cent of manufacturers said Brexit is making planning difficult and is damaging business prospects. There have also been reports of manufacturing firms planning to cut their workforce to manage the costs of Brexit. But manufacturers can mitigate losses and create some certainty during such turbulent times with better knowledge and awareness about foreign exchange (FX) and how to get the best rate. Many exporting manufacturers can struggle to keep on top of FX management, particularly small and medium sized enterprises (SMEs), which often do not have the time or resources to dedicate to this area of their business. As a result, these manufacturers are continuously losing out on thousands of pounds, especially if they don’t seek the best deal. Paul Langley, managing director of Swansea-based FX firm Godi Financial, claims one of the main obstacles for manufacturers with currency exposure is currency management. He suggests manufacturers should shop around for the best currency transfer rate, as rates from firms like Godi are often a fraction of the cost of major UK banks. The latest Office for National Statistics (ONS) figures show total UK exports has increased to £628.9 billion. When considering UK banks often charge a standard FX margin of 2 per cent, over £12.5 billion of this export value is being lost by manufacturers through transfer fees. If a transfer rate of 0.5 per cent had been secured, which is the maximum rate Godi typically charges, over £9 billion could have been saved by manufacturers. As well as securing the best rate, Langley also suggests manufacturers have a currency hedging strategy in place that accounts for all known costs and exposure, turning otherwise variable costs into a fixed cost to the business. Langley said: “Manufacturers are losing out on billions because they do not have an appropriate FX strategy in place. These businesses need to be aware of what they are losing out on in terms of their FX strategy – if they have one – and how their rates are being managed. “It still shocks me that manufacturers instantly lose a lot of money from simply accepting a standard transfer rate instead of seeking a better deal that could save them significant amounts of money. What’s even more concerning is the number of manufacturers who are being stung with a hidden transfer fee due to a lack of transparency from their FX service provider. “We aim to educate manufacturers on how they can minimise financial loss through transparent FX management and offer a transfer rate that is marginal compared to major players in the financial sector so that manufacturers’ profits don’t take a hit.” The post UK manufacturers losing out on profits due to poor FX management appeared first on Statii News. from http://news.statii.co.uk/uk-manufacturers-losing-out-on-profits-due-to-poor-fx-management/ Janam Technologies LLC, provider of rugged mobile computers that scan barcodes and communicate wirelessly, has been named 2018 Manufacturer of the Year by Varlink. This marks the second consecutive year (and third time overall) that Janam has won this prestigious award. Varlink’s Manufacturer of the Year award honors partner excellence and Varlink’s thriving relationship with a mobile computing manufacturer. The award recognises a supplier that demonstrates year-over-year business growth and the ability to always deliver innovative products and superior service and support. Earning the Manufacturer of the Year award is a testament to the strength of Janam’s relationship with Varlink and the added value the company brings to the mobile computing market. As a top performing business partner, Janam plays a critical role in Varlink’s ability to deliver best-in-class solutions to its customers. Varlink presented long-term partner Janam with the Manufacturer of the Year award during its recent Meet the Manufacturer event. This exciting annual event brings together leading hardware manufacturers with IT resellers, solution providers and system integrators to explore the best ways to address enterprise customers’ business challenges. As a leading Value Added Distributor of mobile computing hardware, Varlink is committed to helping manufacturers like Janam expand their reseller base and grow their business in the UK. Robert Hurt, General Manager, EMEA, Janam Technologies, said: “Partnerships prosper when both companies are committed to excellence. Our strong relationship with Varlink is a driving force behind the significant business growth we have both achieved over the past year. Janam is honored to be recognised two years in a row by Varlink for our unwavering focus on innovation and for delivering highly-competitive offerings.” Mike Pullon, CEO, Varlink, commented: “Varlink recognizes that the service that we give to our customers is heavily reliant on the relationships that we have with our vendors. Our Manufacturer of the Year award goes to a vendor that has excelled in developing our relationship. We were delighted to present an award to Janam in recognition of their commitment to building an outstanding partnership and for bringing Varlink into significant opportunities that they have cultivated.” About JanamJanam Technologies LLC is a provider of rugged, handheld computing devices for mobile workers. Janam combines deep industry knowledge with advanced technologies to deliver products and accessories that increase productivity, reduce costs and improve customer satisfaction. Specialising in purpose-built mobile computers that scan barcodes and communicate wirelessly, Janam offers products that are designed to run mission-critical applications in retail, healthcare, hospitality, manufacturing and logistics. For more information, visit www.janam.com. The post Janam wins Varlink’s Manufacturer of the Year Award for the second consecutive year appeared first on Statii News. from http://news.statii.co.uk/janam-wins-varlinks-manufacturer-of-the-year-award-for-the-second-consecutive-year/ Imagine going forward in time 10 years. How will the technologies evolving today change the way we work? What will enterprise resource planning (ERP) in 2028 look like? Production planning for most process manufacturing companies has always been one of the most difficult problems for ERP solutions to solve. There has been much effort over the years to provide functionality to assist planners in making optimum decisions: material requirement planning (MRP), MRPII, theory of constraints (TOC), Kanban and Lean to name a few, and now the latest innovation: demand-driven material requirement planning (DDMRP). But when one solution seems to provide an answer to the planning conundrum, markets, consumers or customers change the rules, the planning horizons shrink and supply chain complexity increases. You may have noticed I used the word “assist” since the planner in the factory of today still provides most of the decision making. Planning is very complex and requires consideration of many independent, yet loosely connected, influences as those who read the blog “A day in the life of Kenny the production planner“ will already have realized. So, what for the future? Now that we have the ‘digital string’ to connect all aspects involved in the planning process and the possibility for artificial intelligence (AI) to make decisions for us, will the human planner be a thing of the past? The following is the last in a series of visionary anecdotal stories set in 2028. This is the story of Kenny, Head of Planning at SPS. KENNY, HEAD OF PLANNING AT SPECIALTY PEPPERY SALADS (SPS)Kenny glanced at his framed planning MS Excel spreadsheet, which was hanging on the office wall as he looked out over the production fields. Quality drones were buzzing around taking samples and planting drones were seeding, irrigating and fertilizing the fields with incredible accuracy. The harvester drones hovered just above the ground, carefully picking, cleaning and sorting the crop, then feeding their production data directly to Kenny’s console. Kenny could remember when he had to guess what to make the night before then change it all when the pre-final and final orders arrived. He kind of missed that chaos. Now, a single light flashed indicating WASACO had updated their order and that feed was coming directly from the retailers and depot management systems. This was 24-hour updating. No longer were there six, eight and 10 O’clock cutoffs. Now, everything happened continuously. Another light flashed on the console. It was an update in weather prediction which was followed by a third alert that was picking up a change in social behavior and media coverage. “There must be a big event happening somewhere or perhaps a notorious chef was doing a show on healthy summer foods,” Kenny thought to himself as the predicted output to depot 19 increased by 15 percent. Kenny could see the LEDs flicker on the various AI units. Weather, social media, population demography, history, everything was being considered as they analyzed and pooled their results. The graphics on the console lit up in greens, ambers and reds in front of Kenny’s eyes, showing him how the predictions were changing. The data transmission icon flashed as the new production plans were being fed to the harvesters, packing plant and distribution vehicles and drones. Feeling supernumerary, Kenny glanced back at his spreadsheet hanging on the wall and smiled. He still had the final say as he looked at the data, leaned across the terminal and pressed the APPROVE button. IS THIS STORY SO FAR-FETCHED?The simple answer is no. This is not far-fetched at all. In fact, most of these individual technologies exist or are developing rapidly due to increases in computing power and drive for digitization
So, having established that most the solutions in the story will ultimately be possible 10 years from now, it will certainly be a period of high impact change, therefore, I will leave you with a quote from Mr. Bill Gates:
If you enjoyed this blog, then please look out for my other blogs about ERP 2028. The post ERP 2028 PART 3: THE DEMISE OF THE PRODUCTION PLANNER? appeared first on Statii News. from http://news.statii.co.uk/erp-2028-part-3-the-demise-of-the-production-planner/ The Great Leveler Summary – The overriding thought – in the West at least – is that democracy and capitalism have improved the lives of modern citizens. Democracy, in principle, promotes fairness and equality among the members of a society, and capitalism has extended the ownership of property beyond the rich and the noble. This article suggests that the historical evidence points to the contrary: the rise of capitalism and democracy have failed to solve the problem of inequality. The author provides a plethora of examples from different societies and time periods from around the world to illustrate how terrible events and disasters have actually played a bigger role in dealing with inequality. By going through the historical efforts by governments to curb inequality – and their consequent outcomes – you’ll be better informed as to how you can help in today’s fight to build a more equal world. The ice age was a difficult period for humanity. When it finally ended, you’d expect that our lives would’ve gotten better. Yet, while in some ways they did, not all the changes that came with the improved climate were positive. As the last ice age came to an end some 11,700 years ago, we entered a period of climate stability known as the Holocene. During this time, humans who had settled in Middle East began cultivating the land and producing food, eventually resulting in a surplus. This marked the start of disequalization, as some began to accumulate larger areas of land and more food resources while employing others to work on their property. The structure of society was beginning to take shape. In contrast to earlier hunter-gatherer societies in which power was spread equally and horizontally, the new society that emerged during the Holocene was structured hierarchically, with stark differences between rich and poor. Evidence for this discrepancy comes from archeological remains dating back 11,000 years, showing for the first time large differences in household sizes. In addition, the fish bones found in the perimeter of the larger households indicate that these people were eating large fish, whereas in the smaller houses, small fish were the norm. In addition to the increased quality of life, technological improvements also impacted societies for the worse. Not even smaller tribal communities could escape inequality. During the period AD 500-700, the Chumash tribe – who lived on the Californian coast – developed a new type of canoe that increased the number of fishermen journeying out into the deep sea to catch fish. In no time, men, who controlled and managed the canoes, rose to dominate the tribe. Males secured control over tribal land, religious ceremonies and the war-making. As gratitude for their safety, other members of the tribe offered the male chiefs key trade items such as food and shells. As you can see, inequality has been around for a long time – brought about by increased quality of life as well as technological advancements. In the next blink, we’ll see what continued to drive this divide. Today we hear plenty of talk about the one percent of the population controlling the majority of the money available in the world, but that wasn’t always the case…….. To Read The Great Leveler Summary completely sign up to Blinkist for free (Click here) Ever read 4 books in one day?The post The Great Leveler Summary – Walter Scheidel appeared first on Statii News. from http://news.statii.co.uk/the-great-leveler-summary-walter-scheidel/ Deacom, Inc., the developer of a comprehensive Enterprise Resource Planning (ERP) solution, has recently kicked off implementation with Transtar Autobody Technologies, a manufacturer of one of the most extensive repair, refinish, and detail product lines for the automotive aftermarket. Centralizing operations with Deacom’s ERP platform is a great example of Transtar’s dedication to developing, producing, and marketing quality products. “Running our business on a module-based ERP system has forced us to move much of our daily work outside of the main software,” said Dennis Redies, Director of IT for Transtar Autobody Technologies. “Much of what we do relies on formulation and quality control but relying on these silos of data was challenging our ability to service our customers at the level we hold ourselves to. We needed to improve the ways in which we collected, analyzed, and applied data – including customer feedback.” During ERP evaluations, the ability to keep all functions of the business within a single piece of software is what drove Transtar’s decision to select DEACOM ERP. By creating one of the industry’s largest set of manufacturing-specific, native capabilities, DEACOM is able to deliver users a thorough view of business operations with real-time data. For example, when Transtar alters a paint formula, it is instantly reflected in the inventory, production, and MRP data so business can continue to run seamlessly and without delays. There is no need to log into and out of various 3rd party applications and risk errors while manually transferring data. “Its built-in capabilities provide us with operational transparency that will strengthen our processes, maintain our quality, and keep us competitive. We are confident that the all-inclusive software will simplify our lives,” Redies continued. Source: Nasdaq GlobeNewswire The post Transtar Autobody Technologies Consolidates Software Needs with DEACOM ERP appeared first on Statii News. from http://news.statii.co.uk/transtar-autobody-technologies-consolidates-software-needs-with-deacom-erp/ |
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