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CT firm's software cuts cost of filing (hartfordbusiness - Java Training Courses)
Remember that paperless society we were promised last century? Still waiting? Now a Connecticut company is moving the dream closer, one industry at a time.
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Westbrook Technologies of Branford has developed a software approach that has changed the way a local aircraft company stores certifications, how California courts process transcripts and how an Arizona healthcare organization manages medical records.
“Organizations generate paper and electronic documents in vast quantities,” said Einar Haukeland, president and CEO of Westbrook Technologies.
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“Employees save them in neat stacks on their desks, filed in alphabetized folders or not in any order at all. They do the same thing with electronic documents, data and images,” said Haukeland. “They file them away in folders on computers, often forgetting where they put them.”
Haukeland said many companies waste time and lose money trying to find documents for reference, business proposals and audits.
“With manual processing, a document comes in and can only be accessed by one person at each step of the process,” said Haukeland. “If there are related documents, such as a purchase order, delivery ticket, invoice or check for payment, it will be archived in different file cabinets.”
So instead of rummaging through rows of filing cabinets or hunting for misplaced folders, users can add, route, manage and share single documents or entire files from a central electronic storage location.
For Metals Testing Co. in South Windsor, document management software is more than just a convenient method of doing business. It’s the only way it can do business without shelling out big bucks for warehouse space.
The technology firm inspects and tests commercial and military aircraft, automotive and aerospace parts. The company is required to store Federal Aviation Administration certifications for aircraft parts indefinitely.
Robert Delisle, president of Metals Testing Co., said the firm would have to rent warehouse space if it didn’t have an electronic repository.
Since Standard Oil of Connecticut Inc. implemented its paperless data storage system a few years back, the Bridgeport-based energy company has become a model for efficiency.
Standard Oil’s three divisions — Standard Petroleum, Standard Security and Standard Insurance — rely on document management software and web-based system to simplify daily tasks and improve services for more than 38,000 customers throughout the state.
Westbrook Technologies introduced its Fortis system to Standard Oil to help rid the utility company of a cumbersome paper storage system that included two large warehouses and help streamline operations.
The utility company didn’t give up its warehouse space though. Instead of storing pulp, the facility is used to house extra materials and replacement parts.
Going paperless paid off for the utility company. Using the web-based Fortis system, Standard Oil has been able to control expenses, provide accurate and real-time account information to its technicians.
Cloud Computing and its Effects on the CAD Industry (itnewsonline - Java Training Courses)
Over the years it has been observed that every new technology is first looked at with skepticism. Not all the technologies that are newly brought into the market affect the market and their functioning dynamics. Some fail to create the desired impact and are easily forgotten than noticed and taken into consideration. Cloud Computing is the new talk of the technology town. Will it stay or be rejected and slip away as fast as it came? Like every product, and technology, cloud computing has its own pros and cons. In this article, we will try to understand the pros and cons with respective to the CAD/CAM/CAE and PLM market in India. It will be prudent to first understand the fundamental concept of cloud computing, before the in-depth analysis of the effects of cloud-computing. Cloud Computing: In simple words, Cloud Computing is a reservoir of information/data/software to be stored or accessed by individuals and/or companies in any geographical location through any Internet-enabled electronic device. It basically is an external virtual data storage system made available to the companies to obtain the information as per their need and requirement. The service providers set up large server spaces and lease them out. The companies rent out software applications through the cloud and use it without having to purchase them. The client companies pay the software developers/service providers with respect to the tenure. The leading companies have already started investing in the technology. The demand is on the rise and the software technology developers are capitalizing heavily. They are giving their best to reach the users directly to offer them the services through latest technology. They also want to provide services using latest technology to be able to support the users better at less-than-before costs. Cloud computing might become the primary buying channel for users once it gains popularity. This will make the competition even more intense. Let us begin by exploring the general characteristics of cloud computing. General Characteristics and Benefits of Cloud Computing: Centralization of Data: Companies can now store all their data in one location thereby making it easier to share and access. Enhanced Storage Capacity: Companies can now avail the benefits of increased storage capacity than before. Ease of Operation: The users need not have to be trained engineers or Technical IT personnel to be able to use this technology effectively. The user interface is simple and the same as the user interface of a computer. Independence and Mobility: The data can now be accessed from any remote location through any hardware device connected to the Internet. Highly integrated and automated system: The applications or software installed on your hardware devices are automatically updated without any manual input. Cost Effective: Necessary infrastructure is provided by the third party and all the data is securely stored off the site. Hence the cost of ownership and operations turns out to be significantly low. Dependability and Reliability: Anxious moments like retrieving vital information during desperate times would now be reduced to accessing the computing software through your Internet-enabled device in a few clicks. Scalability: Subscribing to a service rather than investing in it offers you the flexibility of scaling it up or down depending upon the demand and need of an hour. It is thus highly cost effective as you just subscribe the service. Companies can reduce their expenses paying exactly proportionate to their use of Cloud Computing.
IT industry news: Apple profits exceed £7bn (computeach - Java Training Courses)
Apple has announced net profits of $11.6 billion (£7.2 billion) in its latest quarterly financial results.
The technology giant sold 35.1 million iPhones and 11.8 million iPads during its fiscal 2012 second quarter, with sales of the latter product enjoying a 151 per cent year-on-year increase.
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Sales of Macs also rose over the three-month period, although the firm witnessed a 15 per cent decline in the number of iPods sold.
Apple posted revenues of $39.2 billion, compared with $24.7 billion for the corresponding period last year.
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"The new iPad is off to a great start and across the year you're going to see a lot more of the kind of innovation that only Apple can deliver," said Apple chief executive Tim Cook.
He declared himself "thrilled" with the results, which saw international sales account for 64 per cent of total revenue.
Apple sold four million units of the iPhone 4S over the device's opening weekend in October last year.
Wipro expected to grow fastest in IT industry (TOI- Java Training Courses)
Software services firm Wipro, which will announce its earnings on Wednesday, is expected to have one of the fastest growth rates in the industry in the March quarter, giving conclusive proof that the firm's turnaround strategy is working.
The company, which has undergone a dramatic makeover since chairman Azim Premji dismantled the co-chief executive model in 2011, has been showing signs of a comeback in the past two quarters and a third quarter of good growth will be taken as a sure sign of vitality returning to the company.
Unlike its peers, Wipro had given a relatively bullish forecast for the January to March quarter guiding for 1-3% growth. Analysts expect a 2-3% growth in dollar terms, over the previous three months, between $1,535-$1,545 million in the quarter. Peer Infosys missed its March quarter forecast with a 2% fall in revenues.
Analysts expect Wipro to forecast 2-4% growth for the June quarter. Infosys has a flattish forecast of 0-1% growth. On the profitability front, analysts expect Wipro to do better than competition.
While rupee appreciation is expected to be a headwind, higher proportion of fresher hiring over the past few months is expected to help keep costs under control. Operating profit margins are expected to remain flat at around 21% for the IT services business.
"Wipro's composition of freshers addition to total gross addition in FY12F (YTD) has improved to almost 60% versus 40-45% in FY11. It expects this ratio to be maintained in FY13. In our view this change will lead to material margin improvement starting fiscal 2013," RBS analysts Sandeep Shah and Srinivas Sheshadri wrote in a report last month. "Secondly, despite regaining the efficiencies within fixed price projects to normal levels in 3QFY12, Wipro is still hopeful of pulling out further efficiencies within fixed price projects going forward," they added.
Apple works on Mac malware fix but takes heat-profit.ndtv- Java Training Courses
The cybersecurity community raked Apple Inc over the coals on Wednesday, saying the company had dragged its heels on eradicating malware that experts say may have infected up to 600,000 Macintosh computers and can be used to ferret out sensitive user information.
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The consumer electronics company said it was working on finding and ridding "Flashback" malware that exploits a flaw in Oracle Corp's Java software. Apple has issued patches and is now developing software to detect and eliminate Flashback, it said on its website. The company declined to elaborate.
But Apple is catching heat for not having quickly addressed the issue, even after Oracle distributed its own patch in February.
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Several security blogs accused Apple of having not been forthcoming in the past about security issues, but gave the company credit for stepping forward now.
"Someone in Apple has broken ranks following the recent revelations of a Jolly Big OS X botnet," Paul Ducklin at security specialist Sophos wrote. "Apple has -- apparently for the very first time -- talked about a security problem before it had all its threat response ducks in a row."
Trojans and other malware typically target Microsoft Windows, long the dominant PC operating system. Flashback stands out in that it represents one of the largest-scale invasions of Apple computers, which are gaining ground on Windows PCs.
Antivirus specialists Symantec Corp said the malware surfaced last summer or early fall. It said the number of infected computers, which hackers link into botnets to access private information, had dropped to 270,000 as of this week.
Technology industry stresses professionalism and the 'Cloud' (seacoastonline.com - Java Training Courses)
Over the past week, I've been attending two IT industry meetings. It's an unusual week, as this is the first time I've had to be at two places in the same week for annual meetings.
The first meeting was the annual member meeting of the Computing Technology Industry Association. Regular readers of this column may recall I am very active with CompTIA, which is the global IT trade association. CompTIA focuses on four pillars in its work: education, certification, advocacy and philanthropy.
At this week's meeting, members of the IT industry from around the world come together to discuss how the association may best help its members over the coming year. CompTIA has long been known for its technical certification programs. This is the IT industry's premier continuing education training and helps employers of technical professionals and services, and consumers, to know the people they are working with have received the technical training and advanced education needed to fulfill their responsibilities. In recent years, this has been extended to also include a credentialing program that certifies a company providing IT services has the proper training, processes, documentation and quality controls in place to hold what is called a Trustmark.
The IT industry had never had the equivalent of a bar exam, CPA or AMA certification before, and this is what these Trustmarks provide. I was pleased to see there will be several new Trustmarks forthcoming from CompTIA, in addition to the existing two, which I feel is an excellent development to ensure the professional standards in our industry.
The second meeting I attended was an annual gathering of technology business owners that participate in a peer Master Mind group. The Master Mind concept is a growing trend in business management across multiple disciplines. It's a wonderful concept that helps business owners learn from each other through facilitation and sharing of best practices, to deliver better services to our collective clients. An interesting theme across both meetings this week was the importance of the evolving trends in both mobility and the Cloud.
Mobility and Cloud are the two hottest topics in the IT industry right now. The ability to use mobile devices to work on demand is changing the landscape for the management of technical infrastructures, and the evolution of the Cloud is making it possible to access data anytime, anywhere, from any device. CompTIA Chief Executive Officer Todd Thibodeaux delivered his keynote address this week from his iPad. He actually brought both paper notes and his iPad to the podium and asked the audience which he should use. Before we could answer, he jokingly told us he was going to use his iPad, which was no surprise to me. It underscores the point that mobility and the Cloud are enabling technologies that can be used in so many ways.
IT industry moans about Indian government's procurement rules (news.techeye - Java Training Courses
The Indian government's new procurement rules are threatening to kill off the booming local IT industry.
Global technology and business groups have written a stiff letter to Prime Minister Manmohan Singh complaining that the government's daft rules on government-purchased technology could have spillover effects on the country’s broader economy
They point out that India's stance is at odds with the nation’s World Trade Organization (WTO) obligations.
The rules given would tip the scales towards domestically manufactured electronic goods for government purchase. This is against any WTO agreements.
The letter said that India exemplified the benefits of competition and regulatory reform as demonstrated by the tremendous growth in the telecommunications and IT services sector over the past fifteen years.
Indian needs to remain on this path because its economic growth and "ability to continue to be competitive in the global ICT sector depend on it," the letter said.
If other governments see India doing this, they might enact sanctions of their own. A US government department might be banned from using Indian outsourcers, for example.
The letter was sent by the Information Technology Industry Council (ITI), Telecommunications Industry Association (TIA), U.S.-India Business Council (USIBC), and 32 other associations from the United States, Europe, Japan, Canada, Australia, Hong Kong, and Korea.
The groups urge India to rescind the PMA and initiate a consultation process with the private sector and other stakeholders to develop policy approaches that will promote ICT sector growth without creating market-distorting policies.