Archive for category: News

GigaOM’s Ashar Baig presented an alarming forecast for managed services providers (MSPs) at HostingCon 2014: MSPs must adapt to new technologies and trends, or go out of business.

As cloud services grow, MSPs must adapt and bundle their own cloud services. MSPs are now tasked with cloud bundling, including “backup, virtual disaster recovery and proactive networking monitoring.” Some growing areas in cloud services are big data, mobile, systems management, and security.

Baig observes that MSPs are providing “higher value services because it is easier to sell disaster recovery instead of data backup.” He contends that the future of cloud services is hybrid clouds, with “55 percent of MSPs offering hybrid or multi-cloud services in the next 2-3 years.”

 

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Infor has announced the general availability for the Infor Implementation Accelerator for automotive suppliers. Users are able to use the Infor Implementation Accelerator with Infor CloudSuite Automotive (TM) or deploy it with Infor LN applications on premise with a perpetual license. The Infor LN is trusted by thousands of companies worldwide including Fortune 500 companies. The solution is designed for users that wish to implement an enterprise resource planning (ERP) suite quickly, efficiently, and cost effectively.  The solution uses Infor 10x technology that is in a cloud-based or on-premises technology platform. The reduced implementation time can help decrease cost, risk and speed time-to-value for customers in specifically the automotive industry.

 

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Today, there are four industries that benefit the most from ERP software; these industries are retail, manufacturing, farming, and real estate management. With an order management system, retailers across multiple stores can update their inventory and manage tracking and shipping in real-time. In manufacturing ERP software can improve productivity by decreasing information errors. For farming ERP software can can create an organized solution for tracking and planning of crops. In real estate management ERP software aids in the process of recurring bills, track rent payments, and process revenue.

 

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Infor released two new applications, Close Management and Reconciliation Management to expand their financial capabilities in the market. Infor’s niches are industries such as banking and insurance, non-profit, oil and gas, professional services, retail, public sector, hospitality and healthcare. The two new applications will free staff from manual administrative tasks and inefficient paper processes and  help to improve efficiency, improve quality of outcomes and bottom-line results. The Infor Reconciliation Management application will give users confidence and control over their financial statements. The Infor Close Management application is designed to help users to effectively produce financially and regulatory reporting in a timely and accurate manner.

 

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Number 10, BBC’s Digital Media Initiative

When the British Broadcasting Channel launched its Digital Media Initiative back in 2008, it was an attempt to create a digital production system to improve the way workers created, used, and shared audio and video content.

The project was put to a halt in the middle of 2012 after an internal review was launched. The review found that the BBC displayed significant weakness in project management and reporting as well as a lack of focus on business change.

The project was halted in mid-2012 after the BBC Trust launched an internal review. It engaged PwC at a cost of £250,000 to review the management and reporting of the initiative. All in all £100 million was spent on the project

 

Number 9. Distribute.IT hack

 

In June 2011, domain registrar Distribute.IT was attacked. This resulted in the loss of information on it’s servers which caused an estimated 4800 websites and related data to 4000 customers to be lost.

Who was the cause of this attack? A truck driver from Cowra in NSW was charged for the cyber attack as well as attacks on the University of Sydney and Platform Networks.

The attack crippled Distribute.IT and they were put out of business soon after the attack.

Number 8. HealthSMART modernisation program

During 2008, the Australian government displayed its $360 million HealthSMART program which would modernize and replace IT systems across the public sector.

Last October, the costs for just implementing the new system had surged to $145.3 million, 150% more than the original budget of $58.3 million according to a report. The report also suggested that the absence of efficient controls and effective mitigation’s at certain sites pose significant risks to patients.

 

Number 7. MyKi smart card system

The Australian government’s myki public transportation smart card system has been constantly troubled with problems which have caused delays and the cost to rise significantly.

The smart card system along with HealthSMART and the Regional Rail Link were the cause of an estimated $2 billion in cost overruns for the government. Myki was estimated to cost $1.4 billion by itself and early reports state that the card is not user friendly. In fact, some customers wait up to three days for their funds to be transferred from the website to the card.

 

 

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