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Showing posts with label trend. Show all posts
Showing posts with label trend. Show all posts

Tuesday, March 27, 2012

Do-it-yourself App Creators: ?Show Me Some Love?


Do-it-yourself App Creators: ?Show Me Some Love?

Intuit QuickBase Study Reveals Motivations and Industry Trends Among DIY App Creators in the Enterprise

MOUNTAIN VIEW, Calif. – Mar. 22, 2012 – “Show me some love.” That’s the plea from a growing number of information workers who independently develop in-house Web applications for their employers.
A recent survey from QuickBase, a unit of Intuit Inc. (Nasdaq: INTU), found that nearly one in five information workers at mid-size to large enterprises have built or customized a Web application or software for work purposes on their own. These DIYers are passionate and motivated to help their teams, and the majority feels their employers should recognize their contributions. Nearly six in 10 – a total of 58 percent– believe their employers should recognize their efforts in the form of financial compensation. However, among DIYers whose companies explicitly do not support their independent efforts, the percentage increases to 71 percent.
Recognition need not be monetary. “A little recognition can go a long way,” said Allison Mnookin, vice president and general manager of Intuit QuickBase. “Supporting and recognizing DIY efforts – no matter how you do it – pays off.
 “You’re motivating and rewarding employees who go above and beyond their job descriptions, make their teams more efficient, and solve problems for their companies. Endorsing and celebrating internal innovation can fuel its rapid spread throughout the organization.”
Other forms of recognition respondents found rewarding include publicizing their solutions internally (33 percent) and getting promoted (25 percent).
DIYers Are Pervasive in Select Industries
Computer and IT services firms have the highest percentage of DIY information workers, the survey found, with 62 percent of respondents reporting they have built or customized apps for work. Conversely, these firms are not necessarily empowering their workers to create their own solutions – either by providing the required tools or authorizing employees to find and use their own. In fact, 43 percent of the DIYer population at computer and IT service firms said they are not empowered by their organizations.
Professional services companies reported the second-highest amount of DIYers at 53 percent. And their employees are more likely to feel free to act on their own. A total of 61 percent of the DIYer population said they were empowered by their companies to innovate on their own, the highest among all industries. Professionals in consultancy roles are constantly driven to solve client problems and this data indicates they likely nurture that innovative mentality amongst their employees.
The financial services and insurance industries, where tight IT controls and deep-seated work processes are commonplace, have the highest percentage of non-empowered DIYers. At the same time, however, 43.5 percent still create their own solutions.

IndustryTotal % of DIYers% Empowered% Non-empowered
Computer & IT Services62.357.142.9
Professional Services53.061.138.9
Manufacturing51.450.050.0
Financial Services & Insurance43.541.158.9

“DIYers create lasting value companies should love. Endorsement from management propels the success of DIY solutions even further,” Mnookin added.
In fact, 85 percent of apps created by empowered DIYers are still being used within their organization or team, while non-empowered workers see sustained adoption rates of 77 percent for their solutions.
About the Survey
Intuit and Global Strategy Group surveyed more than 900 information workers at companies with more than 100 employees in October 2011, investigating whether they felt empowered to solve customer and work process problems on their own. The survey also asked whether employees were sanctioned by corporate IT departments to use technologies of their choice to do so. To find more resources on the topic, please visit the Workplace Innovation section of the QuickBase blog. The study was inspired by Forrester Research’s June 2010 report, “The HERO Index: Finding Empowered Employees.”
Additional Resources
About QuickBase
Used by more than half of the Fortune 100, Intuit QuickBase is a proven and trusted online database software designed with the business user in mind to help them improve personal productivity, communication and collaboration. Business users can select from hundreds of ready-to-use database applications such as online project management and sales management software or customize an application to match the exact workflow and unique needs of their team.
About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® 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.
Intuit, the Intuit logo, and QuickBase, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. For free trials and promotions, please see the websites listed above for the terms, conditions, and restrictions related to such offers.

Wednesday, March 21, 2012

Adobe Kicks Off Digital Marketing Summit 2012

Adobe Kicks Off Digital Marketing Summit 2012
For immediate release
Company Announces Significant Innovations to Adobe Digital Marketing Suite
SALT LAKE CITY, Adobe Digital Marketing Summit — March 21, 2012  Adobe Systems Incorporated(Nasdaq:ADBE) today opened the Adobe® Digital Marketing Summit, where more than 4,000 digital marketers and senior leaders from the world’s foremost advertisers, publishers, agencies, systems integrators and technology companies have gathered  to learn the latest about digital marketing trends, share best practices and network. Keynote presenters include Adobe CEO Shantanu Narayen, Adobe Chief Technology Officer Kevin Lynch, and Senior Vice President and General Manager of Adobe’s Digital Marketing Business, Brad Rencher, along with Arianna Huffington, founder of The Huffington Post and Biz Stone, co-founder of Twitter.
Adobe’s digital marketing business continues to demonstrate significant momentum. In the company’s most recent earnings announcement, Adobe reported 30 percent year-over-year growth in its digital marketing business. Adobe introduced several new innovations within the Adobe Digital Marketing Suite, including:
Adobe Social
A new product within the Digital Marketing Suite, Adobe Social (see separate release) combines social publishing and engagement with monitoring, social ad buying and analytics that can attribute social activity to business results. Adobe is giving those with social marketing responsibilities – digital marketers, community managers, customer service, public relations, ad buyers, analysts and others – a single platform to align and collaborate around the management, measurement and optimization of their social media strategies, and do so in the context of all other digital marketing efforts.
Predictive Marketing
New predictive marketing capabilities within the Adobe Digital Marketing Suite reduce the complexity of uncovering hidden behavioral patterns in big data (see separate release). These advancements will help marketers more quickly sort through an increasing amount of data to find the most impactful insights as well as leverage vast amounts of historical data to predict future results.
Personalization
Adobe announced a major update to its Web Experience Management (WEM) solution (see separate release), part of the Adobe Digital Marketing Suite that helps marketers drive engagement by delivering more consistent, contextually relevant experiences on the Web, mobile devices and social media. At the heart of the WEM solution is Adobe CQ 5.5, the latest version of the company’s industry leading Web Content Management software that is now deeply integrated with several other products in the Suite, such as Scene7®, Search&Promote and SiteCatalyst®.
Quotes
Brad Rencher, senior vice president and general manager,Digital Marketing Business, Adobe
·         “The Adobe Digital Marketing Summit is quickly becoming digital marketing’s premier event, gathering the best and brightest minds in the industry. This year we have almost doubled in size with 4,000 attendees who will connect with experts and peers, get direct access to case studies and best practices, and have great opportunities to network and socialize. Summit is also a chance to get a first peek at the latest digital marketing innovations from Adobe and our partners and to help guide the future of our Digital Marketing Suite.”
About the Adobe Digital Marketing Suite
The Adobe Digital Marketing Suite offers an integrated and open platform for online business optimization, a strategy for using customer insight to drive innovation throughout the business and enhance marketing efficiency. The Suite consists of integrated applications to collect and unleash the power of customer insight to optimize customer acquisition, conversion and retention efforts as well as the creation and distribution of content. For example, using the Suite, marketers can identify the most effective marketing strategies and ad placements as well as create relevant, personalized and consistent customer experiences across digital marketing channels, such as onsite, display, email, social, video and mobile. The Suite enables marketers to make quick adjustments, automate certain customer interactions and better maximize marketing ROI, which, ultimately, can positively impact the bottom line.
About Adobe Systems Incorporated
Adobe is changing the world through digital experiences. For more information, visit www.adobe.com.

Tuesday, March 13, 2012

News Release from EMC

EMC ProSphere Transforms Storage Management Across Physical and VMware Virtualized Environments
ProSphere Enables Customers to Visualize, Analyze and Optimize Storage in Just 2-Clicks
HOPKINTON, Mass. - March 13, 2012

News Summary:

  • Today EMC announced enhancements to EMC® ProSphere™ storage resource management software. Now—in just 2-clicks—EMC ProSphere enables IT organizations to understand capacity usage and trends, identify issues and assess impact, and analyze performance across physical and VMware virtualized environments.
  • EMC ProSphere now supports EMC FAST VP™ (Fully Automated Storage Tiering for Virtual Pools), enabling customers to improve storage utilization through intuitive capacity dashboards and reporting, while proactively monitoring capacity consumption and service levels.
  • EMC ProSphere has extended its monitoring and alerting capabilities, which now aggregates alerts from EMC Symmetrix VMAX/VMAXe and EMC VNX unified storage arrays, and displays the context required to quickly assess the impact tomeet storage service levels.
  • EMC ProSphere enables administrators to visualize, analyze and optimize the storage environment to easily transform storage management and ensure consistent, timely, and cost-effective access to information.

Full Story:

EMC Corporation (NYSE: EMC) today announced enhancements to EMC ProSphere storage resource management software, enabling customers to understand how capacity is being used, track consumption trends to know when more storage will be required, and receive automated alerts across the storage environment to identify issues and quickly assess their impact—in just 2 clicks. The new capacity dashboards and reporting capabilities also feature new integration with EMC FAST VP. As enterprises remain focused on controling the cost of rapid data growth, technologies like EMC ProSphere and EMC FAST VP help increase utilization, reduce storage costs, improve performance levels, and create a more agile IT environment.
ProSphere enables IT Transformation in both physical and virtual worlds, allowing customers to manage IT-as-aService by monitoring and analyzing service levels from end-to-end. ProSphere enables customers to:
  • Visualize relationhips and application dependencies across physical and virtual environment: ProSphere enables users to understand the complex relationships and dependencies between applications and storage services. This includes the ability to quickly spot performance, availability and configuration issues to identify situations that could impact service levels. ProSphere's federated architecture consolidates the view to a single pane of glass across data center sites.
  • Analyze storage services to improve services levels: ProSphere helps customers quickly analyze and troubleshoot performance issues from the virtual guest down through the storage layers. It automatically tracks changes and analyzes compliance with configuration best practices and interoperability guidelines to ensure the environment is always configured to meet service level expectations. It also enables users to analyze alerts to quickly assess impact and take action.
  • Optimize the storage infrastructure: ProSphere provides customers with the tools to optimize their storage infrastructure to better control storage costs. It tracks where and how capacity is consumed by service level, location and array. It helps administrators find available and reclaimable capacity to increase utilization. Trending analysis improves planning processes to ensure the right tier of capacity, at the right time, in the right location to meet business objectives. Tight integration with FAST VP allows customers to expand their use of this technology to further optimize their investments in EMC storage.

New Integration with FAST VP

EMC FAST VP allows IT to take a policy-based approach toward delivering IT as a service. With data growing rapidly, FAST VP is being adopted (see related news release) by EMC customers because of its ability to improve performance and efficiency. New integration between ProSphere and FAST VP automatically tracks the consumption of virtual pools to identify when new capacity will be required. This facilitates just-in-time purchasing to lower storage acquisition costs. It also displays performance trends from the virtual or physical host to virtual storage devices to identify the impact of FAST VP at the application level enabling organizations to make more effective storage tiering decisions. This significantly enhances IT's ability to lower costs while meeting and or exceeding service level objectives.
ProSphere's federated and scalable architecture—with the ability to manage more than 1.1 million volumes, 36,000 SAN ports, and 18,000 hosts—is designed to scale to meet the needs of small enterprises to the world's largest data centers. ProSphere's intuitive user interface is optimized to improve productivity in growing environments that are rapidly adopting virtualization. Extensive end-to-end visualization in physical and virtual environments helps storage teams understand application to storage dependencies across their data center.

Customer Quotes

Sarel Theron, Storage Administrator, Internet Solutions
"ProSphere's user interface is clean, simple to navigate and relevant. You experience this at first logon with a dashboard that presents you with a Storage Administrator's most important information at his finger tips."
George Nye, Storage & Data Protection Services Engineer III, Hospital of Saint Raphael
"The capacity views are extensive, they let me know exactly what I have, how it's used, and with the trending analysis clearly shows when I need to make the next storage purchase."

Partner Quote

Hatem Naguib, Vice President, Alliances, VMware
"ProSphere's integration with VMware vSphere® provides storage administrators with a holistic view of their storage infrastructure. Being able to quickly understand application dependencies, resource utilization and service levels—and take action in just a few clicks—is important. ProSphere in a VMware environment will enable customers to control the cost of storage while improving storage levels."

Industry Analyst Quote

Bob Laliberte, Senior Analyst, Enterprise Strategy Group
"As enterprise customers' virtual environments flourish, they need an SRM solution—like EMC ProSphere--that assures storage service levels across the virtual infrastructure, controls the cost of capacity growth, and optimizes storage services to align with business objectives."

EMC Executive Quote

Jay Mastaj, Senior Vice President and General Manager, EMC Infrastructure Management Group
"Our customers' biggest challenge today is controling the costs of rapid data growth, while ensuring consistent service levels in both physical and virtual environments. EMC is committed to helping customers transform their IT infrastructures, and a huge piece of this is managing growth while reducing complexity. The new capacity dashboards and reporting in ProSphere will enhance customers' ability to control the costs of rapid data growth. Integration with VMware and FAST VP will help organizations get the most of their investments in EMC storage as they expand their use of virtualization. And, the new monitoring capabilities will allow organizations understand the health and performance of their storage infrastructure."

Additional Resources:

  • Read the ProSphere data sheet
  • Hear the EMC video
  • Read the Enterprise Strategy Group paper
  • Read the Managed View blog
  • Watch the Enterprise Strategy Group video

Thursday, March 8, 2012

News Release from Bank of America

BofA Merrill Commercial Card Conference Promotes Innovation in Payments; New Products and Global Footprint Highlighted
NEW YORK--(BUSINESS WIRE)--Mar. 7, 2012-- Last week in San Francisco, Bank of America Merrill Lynch gathered together more than 180 client company representatives from around the world to discuss the evolving trends, innovations and developments in commercial payment solutions for Cards. Under the theme of “Plastics and Beyond: Exploring New Ways to Pay,” the conference drove a debate on the technology-driven change in global payments. Speakers included payments industry specialists, company leaders who have successfully transformed their payments processes, and BofA Merrill’s own experts.

The three-day program offered attendees information on crucial topics, including how a company’s shift toward a fully automated electronic environment translates in the real world, and what companies could expect in terms of internal and external obstacles and benefits when moving payments toward an enterprise wide electronic culture.

Speakers also addressed the impacts of the economic and business environment on the payments industry across the globe, and how emerging technologies are changing the payments landscape. Some of the industry experts who presented at the conference included Wayne Best, chief economist, Visa, Inc., and Ian Bremmer, president, Eurasia Group.

During the conference, BofA Merrill announced enhancements to its card platform, and discussed how its innovative programs can help companies achieve electronic payment migration on a global scale. Among the products and capabilities discussed were:
  • Chip and PIN – the new, more secure card technology offered to companies with employees travelling outside the U.S.
  • Works® – BofA Merrill’s proprietary card management software that has been enhanced with new functionality that aids reconciliation and improves the user experience.
  • Global Footprint – BofA Merrill’s global card offering will be available in more than 70 countries by the end of 2012. The company recently announced plans to offer card solutions in new geographies in Asia, Europe and Latin America, including, Japan, Austria, Denmark, Norway, Portugal, Sweden and Colombia.
“BofA Merrill’s conference provides an excellent venue for clients to meet with their peers and discuss the latest trends, challenges and breakthroughs in the card and Payables industry,” said Kevin Phalen, head of Global Card and Comprehensive Payables. “We are very proud to be moderating this important dialogue, which will ultimately benefit companies everywhere as they increasingly migrate to a global electronic payments environment.”

About Bank of America Merrill Lynch Commercial Card


Bank of America Merrill Lynch is a leading provider of card solutions to large and middle market companies, globally, and to federal, state and local government entities in the United States. BofA Merrill’s Commercial Card group works with these organizations to design integrated ePayments solutions that help unlock working capital while increasing efficiency, visibility and control.
As part of the Global Treasury Solutions business, BofA Merrill’s Commercial Card and Comprehensive Payables group develops strategies and solutions that are closely aligned to the treasury goals of corporate, commercial and government entities.

BofA Merrill cardholders can be served in numerous languages and have access to a worldwide network of more than 32 million credit card merchants and ATMs.

In 2011, the bank added new card solutions in 18 countries, and by the end of 2012, it plans to offer card solutions in more than 70 countries and 29 currencies.

For more information regarding BofA Merrill’s card solutions, please visit http://corp.bankofamerica.com/business/ci/card-solutions.


Bank of America


Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with approximately 5,700 retail banking offices and approximately 17,750 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Bank of America Merrill Lynch is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated, which is a registered broker-dealer and a member of FINRA and SIPC, and, in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed.  

Monday, February 20, 2012

Big Data

Excerpt from an article in The New York Times
Monday, February 20, 2012

I.B.M.: Big Data, Bigger Patterns 

By QUENTIN HARDY It's not just about Big Data. For the big players in enterprise technology algorithms, it's about finding big patterns beyond the data itself.

The explosion of online life and cheap computer hardware have made it possible to store immense amounts of unstructured information, like e-mails or Internet clickstreams, then search the stored information to find some trend that can be exploited. The real trick is to do this cost-effectively. Companies doing this at a large scale look for similarities between one field and another, hoping for a common means of analysis.

When it comes to algorithms, "if I can do a power grid, I can do water supply," said Steve Mills, I.B.M.'s senior vice president for software and systems. Even traffic, which like water and electricity has value when it flows effectively, can reuse some of the same algorithms. Mr. Mills, speaking at a Goldman Sachs technology conference in San Francisco on Wednesday, called it "leveraging the cost structure of new mathematics."

That kind of cross-pollination is reminiscent of the way Wall Street, starting in the 1990s, hired astrophysicists and theoretical mathematicians to design arcane financial products. Now the cost of computing has come down so much that it is useful to bring such talent to other industries. I.B.M., Mr. Mills said, is now the largest employer of Ph.D. mathematicians in the world, bringing their talents to things like oil exploration and medicine. "On the side we're doing astrophysics, genomics, proteomics," he said.

Friday, February 10, 2012

Claims for Jobless Benefits Fall

Excerpt from an article in The New York Times
Friday, February 10, 2012

Claims for Jobless Benefits Fall, Suggesting a Trend 

By REUTERS

WASHINGTON (Reuters) — The number of Americans signing up for unemployment benefits fell unexpectedly last week, the latest sign of recovery in the nation’s labor market.

Initial claims for state jobless benefits dropped 15,000, to 358,000, the Labor Department said on Thursday. A four-week average of new filings, which provides a better view of the trend, hit its lowest level since April 2008.

The decline in first-time claims, which defied economists’ forecasts for a rise to 370,000, pointed to building strength in the labor market and improved the chances of another increase in employment this month.

“We are getting better employment growth and are seeing some signs that we are getting some self-sustaining aspects of economic activity,” said Michael Strauss, chief economist at Commonfund in Wilton, Conn.

Other data on Thursday showed a jump in wholesale inventories in December, suggesting the government’s fourth-quarter growth estimate could be revised higher.

But much will depend on the December trade data on Friday and a broader report on overall business inventories next week.

The recent string of upbeat data has raised doubts about whether the Federal Reserve will carry out a third round of bond buying to spur the recovery.

Wednesday, February 1, 2012

Optimism About Year Ahead

News release from General Electric:


31 January 2012
Construction Equipment Dealers Optimistic About Year Ahead, GE Capital Survey Reveals

77% of respondents say the best time to increase inventory levels is first half

IRVING, TX – Construction equipment dealers are looking forward to improving trends in 2012 while acknowledging the challenges facing the industry, according to survey results released today by GE Capital, Dealer Finance.

Forty percent of respondents said they expect sales to increase 3%-5% this year, while 25% said they expect sales to increase 6%-8%. A full 77% said the best time to increase inventory is within the first half of 2012.

At the same time, 57% cited slack demand for new construction – both residential and commercial – as the biggest hurdle that construction equipment distributors have to overcome this year.

Slightly more than half of respondents said improvement in the U.S. economy will have the greatest impact on the construction industry. The other important factors affecting the industry are access to credit for end users (23%) and reauthorization of the federal highway spending bill (20%).

When asked what single category of construction equipment they believe will be in greatest demand this year, 37% cited earthmoving equipment and 23% cited specialty equipment such as pavers, compactors, drills, crushers and grinders.

The full survey results are available here:http://www.gelending.com/misc/Construction_Flash_Survey_Results_1-12.pdf

To stay on top of developing trends, participants can sign up for GE Capital’s Construction Industry Research Monitor here:http://www.americas.gecapital.com/insights-ideas/industry-research-monitor

“We’re dedicated to helping our customers be successful,” said Kristi Webb, commercial leader of GE Capital, Dealer Finance. “In addition to financing, we provide construction industry insights and expertise to help dealers and end-users tackle their biggest challenges so they can thrive in the year ahead.”

The Construction Equipment Distributor Survey of 65 respondents was conducted Jan. 18-19, 2012. Respondents included a variety of construction industry participants.

About GE Capital, Dealer FinanceGE Capital’s Dealer Finance business provides commercial leases and loans ranging from $5,000 to $25 million for the wholesale and retail financing of equipment to thousands in North America in over 12 industries. With long-term relationships and dedicated channel support, Dealer Finance works with small, medium and large enterprises as well as state and local governments. From web-based application submittals to online account management, its dedicated industry professionals bring knowledge and expertise to every relationship.

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visitwww.gecapital.com or follow company news via Twitter (@GECapital).

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.