Mervyn King rails against ‘small elite’ of bonus-addicts
Jan 22

As I arrive in Davos, a gathering of the global 0.0001 per cent, I receive a copy of a well-timed speech from Sir Mervyn King.
It is the Bank of England governors piercing assault on bankers that sticks in the mind from todays important speech in Brighton. He doesnt quite join Occupy the City, but he does suggest that British capitalisms very legitimacy is up for grabs if bankers go too far on pay.

Sir Mervyn tells an audience in Brighton: The legitimacy of the market economy will inevitably be questioned if rewards go disproportionately to a small elite, especially one which benefited from the support of taxpayers. He said those now taking decisions on bonuses needed to understand that public confidence rests on the acceptance that rewards are fair.

This is stronger that we have heard from Sir Mervyn before.

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IBM introduces new Smarter Computing Workload Simulator
Dec 11

Visitors can drill down for charts and analysis on operating and strategic costs of their infrastructures

IBM has introduced new Smarter Computing Workload Simulator, the online tool designed to give busy chief information officers a fast and easy way to view areas of potential savings and efficiency through the lens of IBM Smarter Computing systems and technologies.

IBM has introduced its Smarter Computing approach to information technology for organisations to realise greater efficiencies, improved reliability and better performance and all at lower costs.

With the new simulator, visitors can drill down for charts and analysis on operating and strategic costs of their infrastructures, and the potential costs and savings of the IBM alternative.

Visitors can click on the IBM System Consolidation and Evaluation Tool at the end of the simulation that provides a more comprehensive and detailed comparison.

The simulator gives option to the visitor to select either IBM Power Systems or IBM System z to compare to their own IT infrastructure and then it asks for the type of industry they are in, the type of workload to be compared, and the number and types of systems to compare, including those based on Intel Itanium, Intel x86, and/or Sun SPARC.

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Could “Green Training” Be A New Career Option For You?
Dec 5

With the economy in the tank and people who are out of work looking for new career options in a field that WONT vanish into thin air (hopefully), people are wondering if the Green trend will provide new job opportunities in the construction field, for example. The Building Performance Institute develops technical standards for home energy efficiency performance measures that guide in the construction of new homes as well as becoming the standard for retrofitting homes. Because the Institute does not do training directly, affiliated educational establishments provide BPI training so that contractors, re-modelers, etc can build energy efficient dwellings. As a result many are looking into the possibility of receiving this training to set themselves apart from ordinary handy men.

While energy efficiency can revolve around matters of insulation and efficient appliances, some people want to create their own electricity.

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Will Groupon’s business model survive an OFT investigation?
Dec 3

The Office of Fair Trading has announced that it is investigating Groupon after the discount website broke the advertising code 48 times this year. Channel 4 News reported today that the Advertising Standards Authority (ASA) had started its own investigation, but referred Groupon to the OFT because of the sheer volume of individual complaints.

Groupon floated on the American stockmarkets just a few weeks ago. But its share price today is 20 per cent down on the amount that investors paid for what was the biggest internet floatation since Google.

One of the concerns that investors have is the business model.

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Scheme Trustees & FAS Assessment
Nov 21

FAS assessment forms part of the UK government-funded Financial Assistance Scheme available to members of collapsed company pension schemes.

To date, more then 18,000 pension scheme members have received payments of up to 90% of their pension entitlement. Just over 1,000 pension schemes have qualified for Financial Assistance Scheme (FAS) help.

The FAS, which is administered by the Pension Protection Fund (PPF), concerns itself with defined benefit schemes such as final salary schemes. It was set up to help members whose pension scheme collapsed or began to wind up between 1 January 1997 and 5 April 2005.

When a scheme applies for FAS, it goes through a five-stage process, notification, qualification, provision of member data, assessment and payment.

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Xerox DocuMate 3125 manages data residing in cloud
Nov 13

Users can collaborate, share files while working in multiple locations by scanning images directly to the cloud, says the company

Document management company Xerox introduces a new document scanner DocuMate 3125 that converts paper documents, plastic cards and forms into searchable digital files that can be securely saved to a computer or in the cloud.

The company said users can collaborate and share files while working in multiple locations by scanning images directly to the cloud.

The Xerox DocuMate 3125 scans up to 25 pages per minute (ppm), 44 images per minute (ipm) in duplex mode; includes a 50-page automatic document feeder (ADF) that accepts various-sized items from business cards to A4 documents.

It also includes double feed detection (DFD) technology that notifyies the user if more than one page is scanned at a time and prevents unexpected dropped pages due to forgotten staples or adhesives and includes Visioneer OneTouch, a software utility to make scanning from the unit’s front panel easy and flexible with the touch of a button.

The new scanner includes the Visioneer CONNECT for Visioneer OneTouch that enables users to scan and upload paper documents to popular cloud destinations with the touch of one button.

The DocuMate 3125 includes bundled software that improves information accessibility, management and collaboration by protecting sensitive information such as contracts & pricing, agreements and human resources employee files, streamlining expense report and receipt submissions and increasing security and control of paper document and ID card capture for Healthcare applications.

The software bundle includes Visioneer Acuity to provide advanced image enhancement and Visioneer DriverPLUS to enable integration with user operating system and applications.

Visioneer Marketing vice-president John Capurso said the new Xerox DocuMate 3125 was designed to meet corporate compliance requirements, streamline workflow and improve overall office productivity.

“It is an extremely affordable solution for organizations looking for ways to constantly improve the efficiency and effectiveness of their operations,” said Capurso.

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