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3Mar/140

Growing Emphasis on the Importance of Due Diligence Reporting Drives the Market for Virtual Data Rooms, According to New Report by Global Industry Analysts, Inc.

San Jose, CA (PRWEB) January 13, 2014

Follow us on LinkedIn – Virtual data rooms (VDR) as a new generation of online document storage and filing system is witnessing strong interest and adoption among enterprises. Defined as a virtual form of the traditional physical data rooms that serve as repositories of important and confidential company related data, VDRs replicate the same function over the Internet using computers. The tough and challenging economic climate which continues to remain the new normal in developed countries and the ensuing pressure on corporate bottom lines is driving significant interest in cost effective IT technologies and solutions. Cloud computing and cloud based technologies, over the last decade, have emerged to revolutionize the very structure of IT departments worldwide. A disruptive force in the making, virtual data room services represent the most efficient model of delivering file storage resources to companies. With almost all industries worldwide now being dependent on compute resources, virtual data rooms, which represent a cloud based resource, is forecast to witness strong growth. Adoption of VDRs will continue to benefit from the maturing cloud concept and the resulting increase in interoperability, data portability, and lower costs.

Disadvantages associated with traditional information storage and management strategies include risk of data loss and misplacement, high upfront capital costs in case of physical data rooms, time consuming filing process, lack of security, and limited efficiency benefits. All of these drawbacks are helping drive the migration to VDRs. Key benefits of VDR driving its adoption include automatic creation of backup of all uploaded files/data, superior security controls, efficient support for multiple users, easy and hassle free retrieval and viewing of files, cost effective storage of regulated information, compliance with regulatory norms, rapid anytime access to files, flexible pay per use billing, elasticity and ability to scale up datacenter resources as per requirement, among others. VDRs in addition also offer a superior alternate solution to generic file sharing (GFS) programs like Dropbox, and Google Drive, which although effective for consumer personal use, are often ill-suited for enterprise applications. Security glitches such as, violation of privacy norms like unauthorized sale or sharing of information with third parties, infrastructure limitations, limited reporting features, inability to track & trace user statistics and lack of strong backup options for files stored, remain key concerns with the use of GFS programs. Virtual data rooms in this regard offer a robust and secure platform for sensitive data storage and sharing.

Typically, use of VDR is dominated by corporate functions such as mergers & acquisitions (M&A), divestitures, liquidation, IPOs and bankruptcies. Future growth, however, will be led by increased adoption of VDR in facilitating newer corporate functions such as investor communications, fundraising, research & development, asset purchases, loan syndication, and supply chain secure document sharing, among others. While investment banks, manufacturing companies, and law firms represent dominant users of VDR, healthcare and pharmaceutical companies are emerging as a lucrative customer cluster, driven by increased drug development and licensing collaborations, patent filing activity and the growing need to protect IP property.

As stated by the new market research report on Virtual Data Rooms, the United States represents the largest regional market followed by Europe. Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 20.7% over the analysis period.

Major players in the market include Ansarada pty Limited, AppFolio, Inc., Brainloop, EthosData, Firmex Inc., Global KAP Pty Ltd., iDeals™ Solutions Group S.A., Intralinks Holdings Inc., Merrill Data Site, RR Donnelley & Sons Company, ShareVault, TransPerfect Deal Interactive, and V-Rooms™ among others.

The research report titled “Virtual Data Rooms: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US dollars for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific, Latin America and Rest of World.

For more details about this comprehensive market research report, please visit http://www.strategyr.com/Virtual_Data_Rooms_VDR_Market_Report.asp.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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25Feb/140

MUM Accounting Students First in World to Learn New Reporting System Required by US Government Agencies


Fairfield, IA (PRWEB) January 03, 2014

Accounting students at Maharishi University are gaining certification in a new worldwide standard for exchanging financial and accounting information that’s required by the US government as well as a growing list of international organizations. Maharishi U is the first university in the world to offer this certification training as an academic course.

"The government is increasingly expecting financial institutions to adopt this new standard, but there are very few accountants trained in this area," said accounting professor Andrew Bargerstock, PhD, CPA. "Our students are moving quickly to fill this void."

Extensible Business Reporting Language (XBRL)

The new standard, XBRL, or eXtensible Business Reporting Language, is a formal markup language with some similarities to computer programming that systematically defines business facts, values, contexts, units, and more in order to exchange financial information.

Common functions in many countries that make use of XBRL include regulators of stock exchanges and securities, banking regulators, business registrars, revenue reporting and tax-filing agencies, and national statistical agencies.

A Highly Marketable Skill

According to Dr. Bargerstock, the XBRL standard is rapidly spreading worldwide. In the U.S., both the Securities Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) require that all data reported to them use XBRL.

The Netherlands has adopted XBRL as a government-wide standard of reporting accounting and financial information. And in a recent report, the International Accounting Standards Board (IASB) stated that "XBRL reporting has become an integral aspect of most registrants’ financial reporting infrastructures, and interactive data is more readily available to financial statement users than ever before."

"We want our students to be on the cutting edge," Dr. Bargerstock said. "This new system is very challenging to learn, but once an accountant is certified, he or she will be highly sought after by the many large institutions who are now having to prepare their data in this new way. This will give our students another credential that will make them attractive in the US and international job market."

Students, Faculty Earn Certification

XBRL International, (http://www.xbrl.org), which developed this new standard, offers testing to certify that accountants have mastered it. Dr. Bargerstock and six of his students have so far earned XBRL certification. According to XBRL International, Maharishi University of Management is the first university to offer XBRL instruction and certification as part of the curriculum. XBRL is offered as a one-credit course in MUM’s MBA Accounting program.

The MUM Accounting MBA

Maharishi University of Management offers an MBA for Accounting Professionals program that enrolls students from a variety of countries. They spend seven months on campus taking MBA courses, and then are placed in paid practicum positions around the US while completing their degree via distance education.

Track Record of Success

Dr. Bargerstock, director of the University’s MBA programs, received the 2009 Excellence in Lean Accounting Professor award from the Lean Enterprise Institute (LEI) at the Lean Accounting Summit. Since then, Dr. Bargerstock has published research articles in Management Accounting Quarterly and guided two Ph.D. students who won the Lean Accounting Student of the Year Award (2011, 2013) by LEI at the annual Lean Accounting Summit.

Dr. Bargerstock’s students have also placed in top 10 positions of the revolving CAPSIM business simulations CAPSIM business simulations. Every year since beginning the simulation as part of the MBA curriculum, MUM has placed student teams in the Top 10th percentile worldwide including #1 finishes in the world in 2011 and 2013. This online simulation addresses the need for accountants to become better acquainted with strategic thinking and decision-making in circumstances of uncertainty and in a team environment.

The XBRL training and certification adds to the growing list of skills MUM students have been developing, including their recent course in Data-Mining using the latest SPSS Modeler software and its application in business marketing.

"This combination of these three things—success is Business Simulations, understanding of Data Mining, and XBRL certification," said Dr. Bargerstock, "puts MBAs coming out of Maharishi University of Management in a whole new light with great potential for building long-term careers in the United States and internationally."

About the University

Founded in 1971, Maharishi University of Management (MUM) offers Consciousness-Based℠ Education, a traditional academic curriculum enhanced with self-development programs like the Transcendental Meditation® technique. Students are encouraged to follow a more sustainable routine of study, socializing and rest without the typical college burnout. All aspects of campus life nourish the body and mind, including organic vegetarian meals served fresh daily. Located in Fairfield, Iowa, MUM is accredited by The Higher Learning Commission and offers bachelor's, master's, and doctoral degrees in the arts, sciences, humanities, and business. Visitors Weekends are held throughout the year. For more information, call the Admissions Office at 800-369-6480 or visit http://www.mum.edu.







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21Feb/140

Two Leading Central Pennsylvania Court Reporting Firms Join Forces Offering Innovative Technology and Training to Assist Clients in Managing Complexities of Litigation

Harrisburg/York, PA (PRWEB) December 26, 2013

"Our mission is to make things simple for our clients. This era of constantly evolving technology can be complex and frustrating. GLFM will offer solutions and training to help our clients make the most of the technologies available," says Robin L. Smith, partner and marketing director for the firm.

Geiger & Loria Reporting Service and Filius & McLucas Reporting Service have been leading providers of court reporting and litigation support in the Central Pennsylvania area for over a half century. Both firms owe their longevity to a continual commitment and focus on providing superior court reporting services and excellent customer service. "We are excited about joining in business with another dedicated and respected court reporting firm. Combining services will enable us to provide a greater level of service for a larger coverage area," says Gail D. McLucas, partner and Registered Professional Reporter.

About Geiger & Loria Reporting Service

This firm was established in 1950 and remains one of the oldest court reporting firms in Central Pennsylvania. Their mission throughout their history has been to offer the latest technology to support their clients' litigation needs. They were among the first to offer computer-aided transcription and alternate transcript formats, as well as the first satellite deposition in the area.

About Filius & McLucas Reporting Service, Inc.

Established in 1983 with a staff of highly trained, knowledgeable, and enthusiastic reporters, the firm has had extensive experience in handling complex asbestos, medical malpractice, patent, and technical litigation. Recent videoconferencing capability has enhanced attorneys' access to clients and witnesses worldwide.







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19Sep/130

dashboardMD Partners with Henry Scheins MicroMD to Provide Integrated Healthcare Analytics and Turnkey Business Intelligence Reporting


(PRWEB) June 03, 2013

dashboardMD, a leading provider of business intelligence reporting solutions for healthcare, is further expanding its healthcare dashboards and intelligent reporting solutions through a strategic partnership with Henry Schein MicroMD

2Jul/130

Accurate Trader Tax Reporting for IRS Form 8949 Made Easier with Newest TradeLog Software Release

Fayetteville, GA (PRWEB) March 20, 2013

Just in time for tax season, TradeLog

21Feb/130

East Allen Township Volunteer Ambulance (Northampton, PA) Announces Switching to Aladtecs EMS Manager – Improves Regulation Reporting Capabilities


Allentown, PA (PRWEB) January 17, 2013

In an effort to find a better scheduling system for their volunteer based ambulance service, a casual Google search landed Matt Morrow on EMS Managers website. Morrow, Assistant Captain with the East Allen Township Volunteer Ambulance Corps, indicates they outgrew the scheduling system they had been using for many years because it was simply too limiting.

We selected EMS Manager because it has a number of features we were looking for that our previous scheduling program didnt have. Features like sending an email, or text, with the one-click Find Coverage option, personnel certification tracking, and a mobile web application, explains Morrow. Another feature we use frequently is the "Reports" section. The ability to generate custom reports is invaluable for our internal record keeping and regulation requirements. This allows us to track how involved each volunteer is in our organization.

The roster at East Allen Township Volunteer Ambulance has over 40 members from all walks of life...including business people, entrepreneurs and professional EMS personnel who help out during their time off. These volunteers rely on EMS Managers mobile web app because they all have other jobs and they need to be able to utilize the system remotely at anytime and from anywhere.

We do a lot of scheduling on the go and while we are at our "normal jobs. Most administrators, and most users, use smart phones to access EMS Manager. Weve also found the system is easy to use, especially for those who are just now joining the computer age, adds Morrow. Unlike most paid services, as a volunteer company we are not able to staff more than a few days into the future. This system works great for that situation and for the constant changes we make.

Volunteer services often have restricted budgets, so an affordable annual subscription to an online software program like EMS Manager is easier to get approved, and has a faster return on investment.

We rate things price-wise, based on "how many calls will it take to pay for any expenditure. In our case, with just a few routine calls EMS Manager has paid for itself for the entire year, states Morrow. It really does give us the most program for our money and we know it will accommodate us as we continue to grow and as regulations continue to change.

East Allen Township is a small rural area encompassing 14.5 square miles, consisting primarily of farms and small towns in eastern Pennsylvania near Allentown. Their volunteer ambulance service currently serves approximately 5,000 residents. They are also frequently called for mutual aid by their highly populated neighboring communities.

Aladtec, Inc. is a proud provider of web-based software solutions for online employee scheduling and workforce management applications. The companys flagship products, EMS Manager and FIRE Manager, are leaders in the public safety sector. Together with their newest product, Zanager, they serve over 900 EMS agencies, fire departments, police departments and other businesses. Over 55,000 employees use Aladtecs online employee scheduling and workforce management products. Aladtec is headquartered just outside the Minneapolis/St. Paul metro area in Hudson, Wisconsin. For more information, visit http://www.aladtec.com.

# # #

CONTACT INFORMATION:

Aladtec, Inc.

906 Dominion Drive

Hudson, WI 54016-4538

(888) 749-5550 Toll-Free

(715) 690-2300 Phone

(801) 406-5550 Fax

mellissa(at)aladtec(dot)com

info(at)aladtec(dot)com | http://www.aladtec.com







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21Sep/120

eTERA Consulting to Host Webinar on Mobile Device Collection and Transparent Reporting


Washington, DC (PRWEB) August 23, 2012

eTERA Consulting, nominated by the National Law Journal as the nations top end-to-end eDiscovery provider and litigation consulting firm and developer of Forens1cs One(sm) which helps Fortune 1000 companies and the Am Law 100 overcome the costs and budget challenges of managing large volumes of data and electronic discovery, today announced an upcoming webinar on Mobile Device Collection and Transparent Reporting. eTERAs John Christly who is one of the top IT security and computer forensic experts in the U.S. will discuss the importance of collecting and preserving digital evidence. The webinar is part of eTERA Consultings ongoing series of training and education initiatives to help clients stay abreast of critical issues surrounding forensics, electronic discovery and technology.

Collecting and preserving digital evidence is critical in any litigation or investigatory matter, said John Christly. Proper collection and preservation can mean the difference between winning or losing a court case. Therefore, it is important to perform a structured collection while maintaining a documented chain of evidence to determine what happened on a device and who was responsible for it.

In this complimentary webinar, attendees will learn about:

22Jun/120

CFO Rapid Fire Cloud Based Business Intelligence Announces Integration with Intacct Cloud Accounting to Set New Standard for Financial Reporting


Novi, MI & San Jose, CA (PRWEB) April 10, 2012

CFO Rapid Fire business intelligence allows users to analyze and trend all of their companys data from anywhere and at any-time, said Meg Potts, founding partner of CFO Rapid Fire. Partnering with Intacct is a natural extension of our goal to provide users with a 360 degree interactive experience with their business information. The ability of a company to trend its non-financial enterprise data with its accounting/ERP data is unparalleled in any other application.

At the core of the CFO Rapid Fire / Intacct-Ready module is Instalytics, a brand new way of seeing, reading and interpreting financial statements. Instalytics provides the first breakthrough in financial reporting in years no longer constrained by the traditional current year, prior year flat view of financial reporting; financial statements take on a new life, allowing users to view any time period, in any format, for any account at a click of a button.

The drill down capability of Intacct is replicated in Instalytics and allows a company to further refine and extend the reach of Intacct to other areas of their business. Companies are using this new method of reporting to track and trend side by side periods, quarters, and years, while at the same time using the broad functionality of CFO Rapid Fire to marry trends with their other data sources. This new technology doesnt stop with financial statements; it applies to EVERY source of information within Intacct including project management, project accounting, and sales force automation. Instalytics is addictive. Were able to provide our customers with what they need to see, when they want to see it, wherever they are, added Gregory Thomas, founding partner of CFO Rapid Fire.

CFO Rapid Fire can be a useful tool for our joint customers that want to analyze and trend their financial data with other operational data, said Dan Miller, vice president of Product Management for Intacct. CFO Rapid Fire makes it easy for companies to pull data from multiple sources such as Intacct, payroll, point of sale, purchasing into one system for analysis and reporting.

About the Intacct-Ready Partner Program

Under the Intacct-Ready Partner Program, Intacct partners with leading companies to develop and certify integration between their cloud computing-based applications and technologies and Intacct's cloud financial management applications. More information on how to achieve Intacct-Ready status is available at http://us.intacct.com.

About CFO Rapid Fire, LLC.

Established in 2010, CFO Rapid Fire, LLC is the creator of CFO Rapid Fire the interactive, cloud based, business intelligence system that captures business data from any available source and translates it into exciting visualizations providing bold and interactive graphical displays of information that result in bottom line change. The company was founded by enterprising finance professionals Gregory Thomas and Meg Potts, whose vision of providing real-time access to critical and relevant business analytics continues to define the company.

12Mar/120

Statf.ly Enables Quick-switch Multi-profile Social Analytics and Management | Statf.ly Simplifies Live Social Monitoring, Engagement, Reporting and Storage


Santa Monica, CA (PRWEB) January 17, 2012

Statf.ly, a social media management and analytics company launched in the fall of 2011 and created by agency and tech-industry veterans, added new quick-switch multi-profile management and unlimited reporting to its growing feature set today. The multi-profile dashboards will meet the growing social media needs of agencies and companies with multiple brands. The Statf.ly interface is designed to be intuitive, powerful, and affordable, enabling team collaboration, unlimited report generation with data point annotation, real time search for both Twitter and Facebook and social data storage for up to 1 year.

We added quick-switch multi-profile management and unlimited analytics reporting to Statf.ly Pro to meet the growing demands of time-strapped agencies and brand managers overseeing content distribution and communications for multiple social client profiles, says Statf.ly CEO, Bryan Crick. Statf.ly will continue to grow its suite of management and analytics features with a usability-first philosophy that is both economical and efficient.

Statf.ly enables users to store Twitter and Facebook history, keywords, and report annotations for up to one year, which is valuable for generating more compelling long term analysis, in depth quarterly reports and annual strategy reviews.

The Statf.ly platform provides users the ability to efficiently:

31May/110

Increase Productivity Through Interactive Reporting in nCode Automation

Increase Productivity Through Interactive Reporting in nCode Automation











Rapidly visualize and understand data using interactive reports in nCode Automation 7

Southfield, MI (Vocus/PRWEB) March 24, 2011

HBM today announced the version 7 release of nCode Automation™, a scalable environment for engineering test data storage, analysis and reporting. nCode Automation 7 provides new interactive reporting capabilities for even easier access to key information from test data.

Reporting in nCode Automation has been enhanced in this release with new graphical elements to enable interactive reports. These reports make it possible for users to view data graphically and reveal further detail by a simple drilldown to other reports, creating a dashboard summary of key engineering data. This newly added capability can be applied wherever there are large amounts of engineering test data to be explored. Typical applications include fleets of test vehicles or aircraft in operational service.

Color-coded “Matrix Reports” are introduced in version 7 of nCode Automation to display key engineering data. Each Matrix Report employs a grid-like display, which allows data to be easily visualized and enables further reports to be run to display or calculate new data as required. Additional graphical elements permit filtering of results, generation of new reports, or the review of raw data. This new capability in nCode Automation provides a fully immersive environment for exploring and learning from the available data.

Version 7 also introduces ”Distributed Application Servers”, which makes it possible to perform analysis tasks across multiple computers, allowing more advanced load balancing configurations and therefore increased scalability and performance.

nCode Automation is available in three editions. Personal Edition is for an individual user and applied to local data; Workgroup Edition is for a single department or company site; Enterprise Edition is used where multi-site or global data access is required. Automation PE is fully integrable with, and is an ideal add-on for, nCode GlyphWorks and nCode DesignLife. Workgroup and Enterprise systems provide secure web-based access from anywhere, increasing collaboration and the transfer of engineering knowledge.

For more information, visit http://www.hbm.com/ncode

About HBM-nCode

nCode products are provided by HBM, a world-wide technology and market leader, offering products and services across the entire measurement spectrum, from virtual to physical. For over 25 years, nCode has been the leading brand for durability and data analysis solutions. Its technologies help customers understand product performance, accelerate product development and improve design. The power and ease of use of HBM technologies is a direct result of its world-class development process, expertise and in-depth experience of a broad range of industries. nCode product development is ISO9001 certified. Product support is available through HBM-nCode offices in Europe, North America and Asia. For more information, please visit http://www.hbm.com/ncode.

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