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Showing posts with label revenue. Show all posts
Showing posts with label revenue. Show all posts

Monday, September 3, 2012

Twitter’s Chief Lawyer Defends Free Speech With Revenue in Mind


The following is an excerpt from an article in 



The New York Times
Monday, September 03, 2012

Twitter’s Chief Lawyer Defends Free Speech With Revenue in Mind

By SOMINI SENGUPTA

SAN FRANCISCO — Alexander Macgillivray, Twitter’s chief lawyer, says that fighting for free speech is more than a good idea. He thinks it is a competitive advantage for his company.

That conviction explains why he spends so much of Twitter’s time and money going toe to toe with officers and apparatchiks both here and abroad. Last week, his legal team was fighting a court order to extract an Occupy Wall Street protester’s Twitter posts. The week before, the team wrestled with Indian government officials seeking to take down missives they considered inflammatory. Last year, Mr. Macgillivray challenged the Justice Department in its hunt for WikiLeaks supporters who used Twitter to communicate.

“We value the reputation we have for defending and respecting the user’s voice,” Mr. Macgillivray said in an interview here at Twitter headquarters. “We think it’s important to our company and the way users think about whether to use Twitter, as compared to other services.”

It doesn’t always work. And it sometimes collides awkwardly with another imperative Twitter faces: to turn its fire hose of public opinion into a profitable business. That imperative will become far more acute if the company goes public, and Twitter confronts pressures to make money fast and play nice with the governments of countries in which it operates; most Twitter users live outside the United States and the company is already opening offices overseas.

That transformation makes his job all the more delicate. At a time when Internet companies control so much of what we can say and do online, can Twitter stand up for privacy, free expression and profitability all at the same time?

“They are going to have to monetize the data that they have and they can’t rock the boat maybe,” said Ryan Calo, a law professor at the University of Washington. “I don’t predict Twitter is going to lose its way, but it’s a moment to watch.”

Jonathan Zittrain, one of his former professors at Harvard Law School, called it both a challenge and opportunity for Mr. Macgillivray, widely known as @amac, his handle on Twitter, and one that could influence the Internet industry at large.

“If @amac can help find a path through it, it may serve as a model for corporate responsibility for an Internet where more and more code and content is governed by corporate gatekeepers,” Mr. Zittrain said via e-mail.

He added that the challenge for Mr. Macgillivray “is not only to pioneer a wise way through this thicket, but to implement it as Twitter’s use continues to explode: it’s complex maintenance on a jet engine while the plane is in flight.”

For more, visit www.nytimes.com.

Tuesday, March 27, 2012

Intuit Reports Mid-season TurboTax Unit Data; Reiterates Full-year Revenue Guidance

Intuit Reports Mid-season TurboTax Unit Data; Reiterates Full-year Revenue Guidance

MOUNTAIN VIEW, Calif. – Mar. 22, 2012 – Intuit Inc. (Nasdaq: INTU) today released the second of three season-to-date updates for its fiscal year 2012 consumer tax offerings. Through March 17, total TurboTax federal units were up 8 percent compared to the same period last year. Also through March 17, TurboTax Online units were up 14 percent, while desktop units decreased 3 percent compared to the same period last year.
 
"In consumer tax, we continue to be pleased with our online share gain, estimated at approximately 1 point of share," said Dan Maurer, senior vice president and general manager of Intuit’s consumer group. “Additionally, our free tax advice service is being well received by customers, and we continue to see a shift to online.”
Intuit today also reiterated full-year Consumer Tax revenue growth guidance of 10 to 13 percent and company revenue growth guidance of 9 to 11 percent.
Season-to-date TurboTax Federal Unit Data
 Comparable Prior-Year PeriodSeason Through
March 17, 2012
Percent Change
 Year-Over-Year
TurboTax Desktop5,272,0005,104,000-3%
TurboTax Web10,915,00012,437,00014%
Sub-total TurboTax Units16,187,00017,541,0008%
TurboTax Free File Alliance893,000831,000   -7%
Total TurboTax
Units
17,080,00018,372,0008%
Note: Unit data through March 17, 2012.
 
Intuit will issue a third tax season update in April at the end of the tax season. 
About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management solutions for small and medium-sized businesses; consumers, accounting professionals and financial institutions. Its flagship products and services, including QuickBooks®, TurboTax® and Quicken®, simplify small business management including payment and payroll processing, tax preparation and filing, and personal finance. Lacerte® and ProSeries® are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.
Founded in 1983, Intuit had annual revenue of $3.9 billion in its fiscal year 2011. The company has approximately 8,000 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

Tuesday, March 6, 2012

News Release from IBM - Cloud Services Management

Note to visitors: The Palo-Negro-Blog is no longer being actively maintained.  For more current posts, please visit:  http://JBK-BizTech.blogspot.com


IMImobile Deploys IBM Software to Enhance Its Cloud Services Management

Implements IBM SmartCloud Foundation to augment carrier-class service level management


LAS VEGAS - 06 Mar 2012: IBM (NYSE: IBM) today announced that IMImobile, a global mobile data technology infrastructure and solutions provider to telecom operators, media companies and enterprises has deployed IBM software to enhance its existing service and cloud infrastructure management processes.
IMImobile is a leading provider of cloud-based mobile data services for revenue generation and customer lifecycle management across Asia, Europe, Americas, Africa and the Middle East, With its services reaching over 900 million people in 64 countries and with operator customers like Vodafone, O2,Telefonica, France Telecom, Centrica, Barclays Bank, BBC, Aircel, Airtel, BSNL, MTN, Reliance, Tata and Virgin Mobile, the company required a cloud solution that would help answer its growing business requirements. 
The recently completed deployment of IBM SmartCloud Foundation software will help IMImobile further streamline management of its cloud services infrastructure, strengthen compliance with stringent service level agreements (SLAs), improve infrastructure utilization and evolve process maturity with compliance. Further, IBM software will help IMImobile implement a follow-the-sun model for service management across IMI’s Virtual Network Operations Centre (VNOC) teams spread in Europe and India. 
Vishwanath Alluri, Founder and CEO of IMImobile said, “We have adopted a cloud-based delivery model since our inception. All our products and platform are architected for the cloud. Today our infrastructure comprises 1,000 high-end servers and 300+ network equipment nodes deployed both within our data centres and operator networks worldwide. With the adoption of IBM software, our customers stand to benefit from the improved operational efficiencies and service levels. We will also be able to leverage IBM’s global expertise to offer enhanced service levels for the mission critical services we deliver to blue-chip customers, which include mobile operators, media companies and enterprises.”  
“IBM has been providing clients with a holistic approach to delivering and managing infrastructure services aligned to evolving business priorities,” said Scott Hebner, vice president, IBM Software. “IMImobile’s cloud-based delivery and the scale of infrastructure demonstrate the impressive power of cloud computing."
IBM SmartCloud Foundation software solutions are helping clients effectively build and manage dynamic infrastructure and remain competitive in today’s digitally-connected environment. The software offers integrated service management solutions to help companies manage traditional IT assets, physical assets and emerging “smart” assets.  
About IMImobile 
IMImobile is a specialist provider of mobile data infrastructure and software to operators and enterprises globally. IMImobile's DaVinci Service Platform has been developed over the last 10 years and delivers services to over 100 blue chip companies and 80 leading operators in over 60 countries. 
IMImobile has pioneered a cloud based service delivery model from inception and delivers carrier grade SLAs and 24/7 support from its virtual network operation centers (VNOC). The company's platform and infrastructure comprising 1000 high-end servers deployed both within data centers and carrier networks are remotely setup and managed from the VNOC. 
IMImobile's innovative platform transforms the operator network into a programmable resource to deliver advanced content, services and capabilities to mobile subscribers. This "open mobile marketplace" allows developers to use the IMI platform and its API infrastructure to create the next generation of revenue streams for operators and enable enterprises and media companies create innovative services. IMImobile has also built on top of this platform a suite of consumer lifecycle solutions that allow operators and enterprises to drive revenue generation, self-care, customer acquisition, customer retention and audience engagement through the mobile device. 
IMI is well established in Europe, MEA and India region. Customers include Airtel, BSNL, Aircel, Vodafone, O2, MTN, France Telecom, Zain, Tigo, Centrica, Barclays Bank, BBC, Ford, Mahindra & Mahindra and the AA. 
For more information please visit, www.imimobile.com  
About IBM Cloud Computing
IBM has helped thousands of clients adopt cloud models and manages millions of cloud based transactions every day. IBM assists clients in areas as diverse as banking, communications, healthcare and government to build their own clouds or securely tap into IBM cloud-based business and infrastructure services. IBM is unique in bringing together key cloud technologies, deep process knowledge, a broad portfolio of cloud solutions, and a network of global delivery centers. For more information about cloud offerings from IBMvisithttp://www.ibm.com/smartcloud.  Follow us on Twitter at @ibmcloud.

Cloud Computing to Rewrite Corporate Business Models

IBM Study: Cloud Computing to Rewrite Corporate Business Models

Percentage of companies innovating with cloud expected to double by 2015
LAS VEGAS - 06 Mar 2012: The number of enterprises turning to cloud computing to revamp existing business models will more than double in the next three years, as business leaders move to capitalize on the rapid availability of data and the growing popularity of social media, according to a new study released today by IBM (NYSE: IBM). Businesses that embrace the transformative power of cloud will have a significant advantage in the race to introduce new products and services and capture new markets and revenue streams. 
To better understand the shift in how organizations use cloud today and how they plan to employ it in the future IBM, in conjunction with the Economist Intelligence Unit, surveyed more than 500 business and technology executives worldwide. The findings were compiled in a new study, titled "The Power of Cloud: Driving business model innovation." 
“Companies are starting to understand -- cloud isn’t just about gaining efficiencies and cost savings; it’s about driving the kind of fundamental innovation that provides lasting marketplace advantage,” said Saul Berman, IBM global strategy consulting leader and co-author of the study.  
IBM's Saul Berman discusses top factors influencing cloud's growing role as business model enabler
Changing Motivations for Cloud Adoption  
According to the study, as they strive to better meet customers' needs and drive future growth, business leaders will increasingly tap cloud to develop new business models that can exploit the capabilities resulting from these digital trends. While 16 percent of the executives surveyed indicate they are already using cloud capabilities for sweeping innovation, such as entering new lines of business or reshaping an existing industry, by 2015, 35 percent intend to use it to transform their business models.  
What is the Main Impact of Cloud on Your Customer Value Position?
While a little more than half of the respondents indicated "improving organizational efficiency" as a top business challenge today, only 31 percent anticipate it will be a top challenge in three years. Instead the study indicates that their focus is shifting to growth and competitive initiatives in the future. The objectives cited by survey respondents for adopting cloud are in line with these business goals, indicating that business needs will soon rival IT motivations for cloud adoption: 
·    62  percent of survey respondents said increased collaboration with external partners is a key objective for adopting cloud;  
·    57 percent cited competitive cost advantages through vertical integration as a major motivation; and  
·    56 percent pointed to opening new delivery channels and markets as an important objective. 
Examples cited in the report showcasing how cloud is being tapped to drive new revenue streams and enhance business models include an online marketplace for handmade goods that has taken advantage of cloud’s cost flexibility to gain access to more powerful analytics online. The company is able to cost-effectively analyze data from the approximately one billion monthly views of its Web site and use the information to create product recommendations, providing it with access to tools and computing power that might typically only be affordable for larger retailers.  
The study also cites an online health information network that enables the exchange of health information and transactions among healthcare providers, employers, payers, practitioners, third-party administrators and patients in India. By connecting more than 1,100 hospitals and 10,000 doctors, cloud computing’s capabilities are facilitating better collaboration and information sharing -- helping the network to pursue a more collaborative business model and deliver improved care at a low cost. 
The study’s authors point to cloud's capabilities to mask complexity and enable user-defined experiences, as well as its overall scalability and cost flexibility as key reasons companies are planning to move it into front office operations in the near future.    
"Cloud has the power to open doors to more efficient, responsive and innovative ways of doing business, and we believe the companies that will come out on top will be the ones that find ways to leverage it as a key point of differentiation in driving business value,” Berman said. “Whether they choose to tap cloud to optimize, innovate or even disrupt their business models, they need to start working on it now."   
For more information on the study, visit: www.ibm.com/gbs/powerofcloud
For more information on IBM, visit www.ibm.com

Tuesday, February 28, 2012

News Release from Adobe

Adobe Technology Powering Massive Growth in Digital Publishing

For immediate release

Data from Nearly 1,500 Tablet Publications and 600 Publishers Shows Latest Trends in Tablet Readership

BARCELONA, Spain — Feb. 27, 2012 — At Mobile World Congress, Adobe Systems Incorporated (Nasdaq:ADBE) today announced that more than 16 million digital publications were powered by Adobe® Digital Publishing Suite across tablets over the last year. The company also released key insights about digital magazine and newspaper application usage, based on anonymous data aggregated from nearly 600 publishers worldwide who have created around 1,500 tablet publications using Adobe Digital Publishing Suite. In addition, Adobe announced new innovations that add more enterprise-class functionality and extensibility to the Digital Publishing Suite, helping organizations drive digital revenue and brand engagement through digital publications. Key enhancements include new in-app merchandising, provisioning of targeted content based on user role, and accelerated app creation.

The anonymous, aggregate data is derived from publications delivered using Adobe Digital Publishing Suite and shows shifts in reading patterns, willingness to pay for tablet applications, accelerated purchase funnel and advertising engagement. Tablets are driving new revenue for publishers as consumers pay for digital media content. Business publishers are also using tablet applications to drive awareness of their brands as well as the purchase of goods and services. Specific data points include:

Sixty-eight percent of readers worldwide currently pay for digital magazines and newspapers built with the Adobe Digital Publishing Suite. This is made up of single issue purchases (15 percent), subscriptions (26 percent) and bundles of print and digital issues (27 percent).

Readers are highly engaged with both editorial and advertising content. Every fifth page view in a Digital Publishing Suite magazine app is an advertisement. Interactivity, which includes Web views, videos, slide shows, audio clips, image sequences, hyperlinks and other overlays can also have a profound impact on a reader’s digital content consumptionand engagement, with readers interacting with nearly half (48 percent) of all interactive features in Digital Publishing Suite apps. Out of the variety of interactive overlays included in applications, Web views and videos are the two types most frequently accessed by readers.
Over half (56 percent) of readers spend between 25 minutes to 2.5 hours a month reading their digital titles. Time spent consuming content has increased 70 percent over the last six months, which can be attributed to more sophisticated and engaging content as well as the continued adoption of tablets. Consumers tend to open a Digital Publishing Suite application up to five times per month on average, and nine percent of readers spend more than five hours per month reading digital titles, which suggests that they are frequently engaging on a tablet with the brands they love.
“We saw 16 million digital publications downloaded over the last 12 months, with no signs of fatigue,” said Zeke Koch, senior director of product management, Digital Publishing, Adobe. “As digital issues grow significantly, Adobe will continue to fuel this evolution by providing innovative features that allow publishers and corporations worldwide to drive digital revenue, accelerated readership and purchase of content.”

Publishers like Rodale Inc. and Active Interest Media and companies like Sotheby’s have recently published magazine, merchandising and customer loyalty applications. Similarly, enterprises now have the opportunity to add digital content into their mobile marketing mix by creating a broad range of digital publications using Digital Publishing Suite, including sales and marketing collateral, corporate communications, as well as brand loyalty, customer acquisition and customer retention materials.

“Adobe Digital Publishing Suite has allowed us to amaze and satisfy our readers with technological innovation that they crave and expect,” said Anthony Cerretani, deputy editor and digital director, Backpacker Magazine. “We've been able to integrate interactive maps, adventure videos from all over the world, and touch-point-powered content that inspires and enables our readers to experience outdoor adventure in incredibly dynamic ways. They’re even contributing multimedia to our editions on a regular basis. With the flexibility of Adobe’s tools, we’re finding new ways to optimize the experience every month.”

“As we focus on reaching our increasingly global client base, Adobe Digital Publishing Suite provides an elegant platform and enjoyable user experience,” says Amy Todd Middleton, worldwide director of marketing, Sotheby’s. “Our Sotheby’s catalogue app combines the visual aesthetic of our print catalogues in a new convenient digital format. Analytics show that people are spending more time browsing our content offline in a more interactive environment. With zoom, original videos, and 360 degree photography, it is a great alternative to being in the room with a work of art.”

The Adobe Digital Publishing Suite is the market leader in the delivery of digital publications and includes robust functionality that enables traditional media and business publishers to quickly create content that drives greater digital revenue. Innovative features include:

Restricted Distribution – Publishers can provision specific content to a variety of customer, reader or member groups within one branded application.
Custom Notifications – Customers can leverage in-app notifications to cross promote and market availability of publications and other content. Already embraced by select Condé Nast publications, publishers and brand organizations can use custom notifications as in-app marketing to drive demand for magazine issues.
HTML5 Support – Publishers such as The New Yorker and National Geographic are using HTML5 within their digital publications for in-app custom store fronts, inline content, and complete articles. Similarly, advertisers are including HTML5 within interactive advertisements to drive consumer engagement.
Other enterprise-class features include Direct Entitlement (publishers can provide digital content to existing subscribers in one click), Analytics (Digital Publishing provides both Base Analytics as well as the ability to integrate with an existing SiteCatalyst® account) and Custom Content Viewer (publishers can create a Content Viewer for multiple devices that that supports full-screen viewing of content).
About Adobe Digital Publishing Suite
Digital Publishing Suite is a set of turnkey hosted services and viewer technology that tightly integrates with Adobe Creative Suite® 5.5 products. Using Digital Publishing Suite in combination with Adobe InDesign® CS5.5, allows traditional media publishers, corporate organizations, ad agencies as well as individual freelance designers and small design firms to publish, distribute, monetize and optimize a new class of innovative digital magazines, newspapers, ads and corporate publications on leading tablets including the Apple iPad, Kindle Fire, Barnes & Noble Nook, Samsung Galaxy and other Android™ tablets. The Digital Publishing Suite includes Enterprise, Professional and Single Editions.

Pricing and Availability
To access product information including features and pricing, visit www.adobe.com/products/digitalpublishingsuite. A list of partners in the Digital Publishing Suite worldwide reseller network is available at www.adobe.com/products/digital-publishing-suite-family/buying-guide-resellers.

For a list of customer apps, please visit the Digital Publishing Suite gallery at blogs.adobe.com/digitalpublishinggallery/. Please visit the Adobe Digital Publishing Blog at blogs.adobe.com/digitalpublishing/ for additional information.

About Adobe Systems Incorporated
Adobe is changing the world through digital experiences. For more information, visit www.adobe.com.

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Tuesday, February 21, 2012

News Release from Oracle


Oracle Delivers Updates to Oracle Enterprise Healthcare Analytics

New Features Enable Faster Analytics Deployment, Provide Efficient End-to-End Data Integration, and Enhance Capabilities for Outcomes, Cost, and Revenue Analysis

HIMSS 12, Las Vegas – Feb. 21, 2012

News Facts

Oracle today announced several significant enhancements to Oracle Enterprise Healthcare Analytics, a pre-built business intelligence and performance management solution that helps healthcare organizations make informed decisions that improve financial performance, care quality and outcomes.
Addressing a growing demand across the healthcare industry for mobile, easy-to-use and rapidly deployable analytical applications, the latest updates help customers:
Accelerate time-to-value and reduce deployment risk with Oracle Healthcare Analytics Data Integration, which consolidates, integrates, validates and loads source data from clinical, financial, administrative and research systems into Oracle’s comprehensive healthcare data model. The new component, which can save healthcare organizations many person-years in development and implementation time, tackles one of the most complex and time-intensive aspects of analytics and data management.
Drive revenue and improve resource allocation through new attributes in the solution that enable organizations to map staffing requirements to patient scheduling and optimize utilization of critical resources, such as operating rooms.
Improve care and outcomes through new attributes that support comparative effectiveness research and formulary modeling.
Support the mobile workforce via out-of-the-box functionality for iPad and iPhone, which includes the ability to initiate actions and workflows directly from mobile devices in conjunction with Oracle Business Intelligence Enterprise Edition.
In addition, Oracle Enterprise Healthcare Analytics provides out-of-the-box integration with multiple best-of-breed third-party analytics applications for cost analytics, safety monitoring, accountable care, registry reporting and meaningful use compliance.

Supporting Quote

“The need for actionable business intelligence is no longer a ‘nice-to-have,’ but is now mission-critical as healthcare organizations work to improve outcomes, cut costs and enable more accountable care,” said Neil de Crescenzo, senior vice president and general manager, Oracle Health Sciences. “The newest release of Oracle Enterprise Healthcare Analytics makes it easier, faster and more cost-effective for healthcare organizations to integrate and analyze clinical, financial and research data, delivering the information and insight they need to drive efficiencies, support evidence-based medicine initiatives and improve outcomes.”

Supporting Resources

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center.  For more information about Oracle (NASDAQ:ORCL), visit www.oracle.com.

About Oracle in Industries

Oracle industry solutions leverage the company's best-in-class portfolio of products to address complex business processes relevant to health sciences, helping speed time to market, reduce costs and gain a competitive edge.

Trademark

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.
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Monday, February 6, 2012

Facebook's Mobility Challenge

Excerpt from an article in The New York Times.
Monday, February 06, 2012,

Facebook’s Mobility Challenge

By JENNA WORTHAM

Lots of people love their cellphones. Facebook, so far, is not a big fan.

Amid the jaw-dropping financial figures the company revealed last week when it filed for a public offering was an interesting admission. Although more than half of its 845 million members log into Facebook on a mobile device, the company has not yet found a way to make real money from that use.

“We do not currently directly generate any meaningful revenue from the use of Facebook mobile products, and our ability to do so successfully is unproven,” the company said in its review of the risks it faces.

In a world that is rapidly moving toward an era of mobile computing, this is a troubling issue for Silicon Valley’s brightest star — particularly since much of Facebook’s growth right now is in countries like Chile, Turkey, Venezuela and Brazil, where people largely have access to the Internet using cellphones.

Facebook is not the only company struggling to translate the success of its Web site to mobile devices, where screen space is at a premium and people have little patience for clutter or slow loading times. It is a problem that plagues companies as diverse as news publishers and the streaming radio service Pandora, and it is likely to loom larger. There were more global shipments of smartphones than of personal computers in 2011, according to a recent report from Canalys, a research firm.

But the issue seems particularly urgent in the case of Facebook, which is wildly popular among its users and is seen as a company of the future, a hybrid of social hub and information conduit, platform and publisher. In other words, if Facebook cannot figure it out, who can?

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Friday, December 9, 2011

IRS Announces 2012 Mileage Rates


IRS Announces 2012 Standard Mileage Rates, Most Rates Are the Same as in July 

WASHINGTON — The Internal Revenue Service today issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2012, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
  • 55.5 cents per mile for business miles driven
  • 23 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations
The rate for business miles driven is unchanged from the mid-year adjustment that became effective on July 1, 2011. The medical and moving rate has been reduced by 0.5 cents per mile.

The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs as determined by the same study. Independent contractor Runzheimer International conducted the study.

Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.

A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS) or after claiming a Section 179 deduction for that vehicle. In addition, the business standard mileage rate cannot be used for more than four vehicles used simultaneously.

These and other requirements for a taxpayer to use a standard mileage rate to calculate the amount of a deductible business, moving, medical or charitable expense are in Rev. Proc. 2010-51.

Notice 2012-01 contains the standard mileage rates, the amount a taxpayer must use in calculating reductions to basis for depreciation taken under the business standard mileage rate, and the maximum standard automobile cost that a taxpayer may use in computing the allowance under a fixed and variable rate plan.