WAYNE, NJ /eNewsChannels/ Third Wave Business Systems is pleased to announce their partnership with Jedox because of their Planning, Analyzing, and Reporting capabilities. This partnership with Jedox AG, a leading edge Business Intelligence platform, will enable Third Wave to provide their clients with a powerful, yet economical OLAP solution.
Jedox AG, located in Freiburg Germany, is a leading supplier of open source-based Business Intelligence and corporate performance management solutions. Their product has an all-in-one OLAP database through Excel, the Web, or a mobile device, and can be accomplished in house or through Cloud. Jedoxs planning functionality makes it easy to control and direct the planning and budgeting process throughout your company, all the while integrating with Excel and giving you the flexibility to enter data and comments through Excel, but also via your browser, tablets, PCs, iPad, and smart phones. On the analytics side, Jedox enables you to get rapid, ad-hoc insights into the economic and operation position of your company. Jedox reporting also provides a familiar environment for Excel users but with more security, multi-platform support, and built-in functionality.
Were excited about our new partnership with Jedox. Our customers and potential customers will benefit greatly. Once an ERP system is implemented, the need to extract important business metrics and create reports is at the top of their list. The Jedox product also gives our customers the ability to create sophisticated budgets as well as financial statements. The technology Jedox brings to the table is a real game changer for us, said Korey Lind, CEO, Third Wave.
York Group BI is proud to announce that Third Wave Business Systems has become a Certified Associate for the sales and support of Jedox BI Suite. As a Certified Associate, Third Wave will be offering certified Jedox training and implementation services. Third Wave is developing with the York Group BI a connector that will ensure Near-Real Time BI analysis of SAP Business One data using Jedox BI Suite, said Ron Sella, CEO, York Group BI.
About Third Wave:
Third Wave Business Systems provides business management software for small-to-mid-sized companies. Their SAP Business One, Microsoft Dynamics GP and Jedox Business Intelligence solutions enable businesses to streamline their processes and obtain valuable insight into their operations. Headquartered in Wayne, NJ, Third Wave has offices serving customers in Chicago, Minneapolis, Boston, Tampa and the New York Metro Area. They have the products, services, and people to enable their customers to achieve the maximum return on their business system investment.
Third Wave Business Systems is recognized as a Microsoft Silver ERP and Development Partner, SAP Business One Gold Partner, and SAP Pinnacle Award recipient. Third Wave has been an Accounting Technology Top 10 VAR every year since 2002. Third Wave has been recognized by both Microsoft and SAP for high levels of customer satisfaction due to the high quality of their consulting staff. In addition to delivering superior business management system solutions, Third Wave is a top developer of SAP Business One certified add-ons that provide functionality for specific business needs. For more information, visit http://www.twbs.com/ , email twrespond@twbs.com or call 201-703-2100.
About York Group BI:
York Group BI is the leading distributor of Jedox BI Suite software in North America.
About Jedox:
Jedox makes it easier for users to meet planning, analysis, and reporting demands without specialized IT knowledge. This is achieved by integrating familiar spreadsheet interfaces, such as Microsoft Excel and Open Office, and extending them with the powerful Jedox interface. The OLAP database underlying Jedox is the fastest In-Memory BI database, on the market, due to its unique use of GPU technology. With fast analysis of extremely large data sets and scenarios, Jedox BI Suite achieves virtually real-time planning, analysis and reporting. In addition Jedox BI Suite is at the cutting edge in providing smartphone, tablet PC and iPad compatibility and is SaaS ready.
Copyright copy; 2012 Neotropereg; News Network all rights reserved.
What’s affecting me, my clients and other small-business owners this week.
The Big Story: A Big Week for Women
Yahoo hires a 37-year-old pregnant woman to be its next chief executive. Kit Eaton thinks it’s a great thing for Google. More Gen-X women are taking charge. American Express OPEN begins a campaign celebrating female entrepreneurs. These are the best states for female entrepreneurs. Since the recession ended in June 2009, men have gained 80 percent of the 2.6 million net jobs created, including 61 percent in the last year. But women are clearly smarter than men, and approximately 80 percent of a childs intelligence is acquired from the mother. Hillary Rodham Clinton breaks a travel record.
The Economy: Remembering the Downgrade
One year later, the downgrade of United States debt looks as if it wasn’t so bad. Mike Shedlock reports that only 23 percent of American companies plan to hire in the next six months. Peter Schiff thinks the economy is heading for a collapse that will “make 2008 look like a walk in the park.” A leading economic index declines. Doug Short says the big four economic indicators are not pointing toward a recession. Gary Schilling says these numbers indicate we’re already in a recession. These are the most important charts in the world. Olivier Blanchard says the entire world is facing a weak recovery, and the International Monetary Fund cuts its growth forecast. Heres everything you need to know about the fiscal cliff.
The Data: Retail Sales Fall
Retail sales fall for the third straight month, and Tim Duy says it’s a slap in the face for the Federal Reserve. But a new analysis from MasterCard and Wells Fargo shows that small retailers are outperforming others. Ben S. Bernanke offers a gloomy view, and the Fed’s Beige Book reveals nothing new. Matteo Radaelli says that economic activity is softening. North America’s metals service centers weren’t very busy. The Philadelphia Fed index looks worse than expected (but a little pop shop seems to be doing OK). Jobless claims rise sharply. Existing home sales are down. Business inventories and sales data look good. Industrial output climbs. Manufacturing in the New York region grew at a faster pace. Prices remain steady. Los Angeles-area ports are busy. Corporate cash continues to pile up. June 2012 residential building comes in soft, but housing starts are a bright spot. Builder confidence rises.
Management: Putting Lego Back Together
These are seven signs your home office is slowly killing you. Allen Tucker says we should pay too much. A blogger lists seven things you’re doing that could be more remarkable. Valeria Maltoni explains why she admires Sephora. Crystal Watts believes there are five ways you can be the expert you say you are. Allison Nazarian explains what to do when you dont know what to do: Keep moving forward. Mat Vogels says fix it even if it ain’t broke. Here’s why innovation was bankrupting Lego. America’s new business model is sharing. This is Magic Mike’s guide to seducing your audience.
Your People: Everyone Wants Temps
Gabriel Thompson says everyone wants temps. Jonathan Alexander gives advice for measuring your team. The Labor Department reports that public workers are more likely to have health benefits. Heather Huhman suggests these three online tools for finding the perfect job candidate. Lance Roberts believes corporate profits have surged at the expense of workers. A study finds that employees want to work (pdf) in a place that shares their values. Here’s a summary of what Americans earn.
Social Media: The 10 Commandments
Here are the 10 commandments of Pinterest for business. And here are five 360-degree marketing platforms for small businesses. A Pew study finds that half of all adult cellphone owners are connected viewers who now incorporate their mobile devices into television watching. Foursquare has introduced a new feature to connect businesses with customers. Amanda Goodhue offers two case studies of successful small-business campaigns that employed social media and digital public relations. Facebook renovates its small-business site. Brian Morris offers the seven best marketing videos online right now. Fabienne Fredrickson suggests 151 ways to attract clients.
Finance: Mr. Zuckerberg Takes a Mortgage
MasterCard introduces a small-business network and agrees to a $7.2 billion settlement that could be an opportunity for small retailers. Now may be a good time to buy or sell a business. Banking.coms Erica Bell offers tips on how to choose a bank for your small business. Mark Zuckerberg took out a mortgage? Start-ups have recently raked in the most venture capital since the dot-com bubble. A retailing Web site raises $105 million.
Around the Country: Trend Schools
A Michigan retailer looks for the next great toymaker. Harriet Baskas wonders how scary our airports are. Starbucks will create more than 140 manufacturing jobs at a state-of-the-art plant in Georgia. Best Buy puts up $100,000 for dorm-room innovators. Goldman Sachs pledges millions to help small businesses in Utah. Steven Malanga says that “now that three California cities have declared bankruptcy, perhaps its time to consider the lessons of Wisconsin.” Gallup says the West North Central region is poised for a bright future. A small-town business blog publishes an e-book on how to build a business in a small town. Trend schools are scheduled for Los Angeles and New York. Washington’s mayor introduces a battery of training and networking programs aimed at emerging entrepreneurs. American Airlines and Startup America introduce a program to support the growth of small- and medium-size businesses. Gov. Andrew Cuomo signs a law to help New York craft brewers. Travelocity comes up with a program for small businesses. A small-business owner in Virginia doesn’t understand why everyone is snickering at his shop’s name (or does he?).
Red Tape: Zombie Survival
A new Ernst amp; Young report (pdf) says higher taxes will “reduce work effort and labor force participation.” Robert Reich says small-businesses are hindered by consumers, not taxes. A zombie survival kit is available for only $24,000 and a professor of law at Arizona State University publishes a paper that “details the significant problems our government will have regarding tax policy once the undead begin trolling the earth, feasting on the brains of the living.” Gov. Jerry Brown of California signed legislation that that helps businesses eliminate the cost of filing duplicate documents with local officials. The Postal Service is losing $25 million a day. MSNBC’s Your Business discusses the health care overhaul. The Small Business Administration begins gathering facts about small businesses on its Web site. Here is a program to help veterans start businesses.
Technology: Small-Business Geeks
Verizon makes the Geek Squad available to its small-business customers. Facebook invests in an undersea cable project. The most successful operating system of all time is about to meet its end. A research report says small businesses increasingly rely on mobile for business operations, and Bob Egner offers these elements of a successful mobile strategy. PayPal doubles down on its mobile payment strategy. Jack Wallen shares five open source tools for knocking out business tasks. Apple is expected to introduce a mini iPad later this year. Researchers at Aarhus University in Denmark propose a new way to make a quantum logic gate that could become the building block of a new generation of atomtronic computing devices. Microsoft releases a preview of Office 2013 and reports its first loss as a public company. Intel’s earnings warning is an ominous sign for the tech sector. Here are five tech buzzwords small businesses hate and six big technologies coming in 2013.
Tweets of the Week
@pkedrosky With @marissamayer joining Yahoo as CEO, there are now 41 female Fortune 1000 CEOs and 38 of them started since 2006.
@gingerconsult Our success in leadership is that we make others better than they were before we met. Our legacy is the leaders we leave behind.
?@LisaBarone Sometimes holding your opinion on Twitter is smarter than dedicating the 30 more tweets youll need to argue w people about it.
Bests of the Week
Brad Remillard believes that skills and experiences are irrelevant when hiring: “The reason most hiring processes fail is because it is easy for a candidate to talk about her skills and experiences. Some candidates might even embellish in this area. It significantly is different to explain how she would apply those skills and experiences in your company, with your culture, your resources, your budget constraints and all the aspects that make your company unique from the company she is leaving or just left.”
Ben T. Smith IV learned a few lessons from the Transportation Security Agency on how to start a company: “The importance of monitoring and adjusting can’t be overemphasized. Congress had estimated 3,000 screeners would be needed for scanning checked bags. The real number of screeners needed ended up being 10 times that amount. The TSA. was forced to quickly re-evaluate its hiring goals. Metrics for measuring success must be aligned with long-term goals, not rigid, non-negotiable commitments to areas that may require change with time.”
This Weeks Question: What lessons have you learned from the TSA.?
Gene Marks owns the Marks Group, a Bala Cynwyd, Pa., consulting firm that helps clients with customer relationship management. You can follow him on Twitter.
Business owners and entrepreneurs are active, hard-working individuals, but they?re not necessarily young.
Southwest Florida business brokers and attorneys say there?s a rising number of business owners in their 50s, 60s and 70s who are buying ready-made businesses or are starting their own. Traditionally, retirees in the area, bored with retirement, started or bought businesses to keep busy, but these days it?s more often out of necessity than boredom.
?Today you have that same-aged gentleman who needs to make $20,000 or $30,000 more a year to live on,? said Troy Wolfe, a principal at American Business Brokers in Fort Myers.
That?s not the only scenario. Some over-50 people lost high-wage jobs through the recession as companies downsized or even closed. Others are looking to supplement their income as their investments fell short. And some in the age group buy businesses as more reliable investments through the economic downturn, Wolfe said.
Pennsylvania resident Andrew Kenney, 60, has spent the past year or so looking for a business to buy in Southwest Florida.
?With what happened in the markets a few years back, both my wife and I were doing real estate and it wasn?t providing income,? he said. ?We did well. We were in a pretty decent area in Pennsylvania, but it just wasn?t enough.?
Kenney also felt that a job wasn?t out there for someone his age with the way unemployment numbers have been trending ? at least a job that would make sense economically and provide the lifestyle he was after. Lee County?s unemployment rate was 9.3 percent in June, up from a revised rate of 8.8 percent in May, according to data released Friday.
Chances taken
Barbara Hartman, spokeswoman for Southwest Florida Works, said the economy and long term unemployment have pushed older people, and to a lesser degree young people, to take the chance to create their own company, become their own boss and put their experience to good use.
?We do have a lot of older workers that have been laid off because of the downturn in the economy and they are having difficulty getting back into work,? she said. ?They are at that point in their life where they have that expertise and experience and are more interested in starting their own businesses.?
The business software company in Walldorf, Germany, said all regions posted double-digit software revenue gains, while demand for SAPs new offerings continued to grow.
SAP said it benefited in the cloud market from its February acquisition of cloud software company SuccessFactors, leading to a 112 percent increase year-on-year in 12 month new and upsell subscription billings for SuccessFactors on a stand-alone basis. Cloud revenue was ¬69 million in the quarter.
The company said it recorded ¬85 million in business from its in-memory platform HANA in the quarter, putting it on track to meet its forecast of at least ¬320 million for the year. Mobile revenue was ¬54 million against a target of ¬220 million for the year.
In line with preliminary estimates released earlier this month, SAP said its software revenue according to international financial reporting standards (IFRS) was about ¬1.06 billion, up by 26 percent from the same quarter last year, while software and software-related service revenue was up 21 percent to ¬3.12 billion.
The second quarter figures include revenue, profit and cash flows from SuccessFactors which were not included in the second quarter last year.
Net profit was ¬661 million up 12 percent from a year ago.
The company said it had reached the upper end of its second quarter software revenue guidance range and was at the mid-point of the guidance range for software and software-related service revenue.
Operating margins were however down at 23.6 percent from 26 percent a year earlier, because of severance expenses, the acquisition of SuccessFactors, and an increase in headcount.
The company had 60,972 employees at the end of the quarter, up by 13 percent from the same quarter last year. Some of these came from acquisitions.
SAP has forecast full-year 2012 non-IFRS software and software-related service revenue to increase in the range of 10 to 12 percent at constant currencies, which includes a contribution of up to 2 percentage points from the SuccessFactors business.
The company expects full-year 2012 non-IFRS operating profit to be in the range of ¬5.05 billion to ¬5.25 billion at constant currencies, which is expected to be in a similar range if SuccessFactors is excluded.
SAP said it was on track to achieve its 2015 goals, which includes a revenue target of ¬20 billion.
John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. Johns e-mail address is john_ribeiro@idg.com
Economical Mutual Insurance Company : Economical Insurance® Supports RIDE Safety Campaign07/18/2012 | 11:35am US/Eastern
MEDIA RELEASE
For Immediate Release
Economical Insurance® Supports RIDE Safety
Campaign
Kitchener-Waterloo Oktoberfest Announces New Partnership
(Waterloo Region, Canada – July 18, 2012) – North Americas
largest Bavarian Festival gained significant support today
with the announcement that Economical Insurance ®, one of the
largest property and casualty insurance companies in the
country, will be the official sponsor for the 2012
Kitchener-Waterloo Oktoberfest RIDE program.
The Reduce Impaired Driving Everywhere (RIDE) is a
provincial campaign that began in the late 1970s and focused
on police checks that stopped drivers to test for impairment
related to alcohol consumption. The Kitchener-Waterloo
Oktoberfest organizers continue to embrace safety in the
community and work with local and provincial police
authorities to enhance awareness and demonstrate alternative
transportation opportunities to reduce drinking and
driving.
We want to help create a high level of driving safety
awareness so that the hundreds of thousands of visitors and
citizens who experience Kitchener-Waterloo Oktoberfest drive
safely, said Karen Gavan, Economicals president and chief
executive officer. We believe its a natural fit for
Economical Insurance to support the RIDE program and the
success it has in enhancing public safety.
The Kitchener-Waterloo Oktoberfest RIDE program will deliver
8,000 information booklets with valuable coupons for
redemption during and after the festival to drivers who
successfully pass through a RIDE checkpoint during the
festival. The program is done annually in partnership with
the Ontario Provincial Police and the Waterloo Regional
Police.
Our partnership with Economical has great synergy as the
annual festival has always been about celebrating culture and
family, while ensuring safety programs and awareness are top
of mind for guests and our community, says Mark Kreller,
Executive Director of Kitchener-Waterloo Oktoberfest. We are
pleased to have such support and commitment from Economical
Insurance, a business that has deep roots in this community
and a long history of providing insurance products and peace
of mind to Canadians.
About Economical Insurance
Founded in 1871, Economical Insurance is one of Canadas
largest property and casualty insurers, with $1.7 billion in
premiums and $4.6 billion in assets. Based in Waterloo, this
Canadian-owned and operated group services the insurance
needs of more than one million customers through 12 branches
and service offices across the country. In 2010, Economical
announced its decision to become the first
federally-regulated mutual property and casualty insurance
company to demutualize. Economical is currently reviewing
strategic options and will submit a comprehensive
demutualization proposal for mutual policyholder approval
after the federal governments development of regulations and
regulatory approval.
Economical Insurance member companies include: Economical
Mutual Insurance Company (including Western General Farm
Division), Economical Select , Perth Insurance Company ,
Federation Insurance Company of Canada , Family Insurance
Solutions and The Mattei Companies.
About Kitchener-Waterloo Oktoberfest
Kitchener-Waterloo Oktoberfest is a not-for-profit Bavarian
festival founded in 1969 by a group of volunteers committed
to contributing to the social and economic vitality of
Kitchener-Waterloo, Canada twin cities with German heritage.
Canadas Greatest Bavarian Festival celebrates German
heritage, food, music and festivities and is supported by
more than 50 not-for-profit organizations. The festival is
operated by eight year-round full-time staff, over 435
volunteers and 1,300 community and service club volunteers
that stage the nine-day festival each October promoting a
unique German cultural experience. As well as the $21.1M
annual economic boost the festival gives the local economy
during the international festival, over $1.5 million is
raised each year by the not-for-profit organizations
associated with Kitchener-Waterloo Oktoberfest, one of the
top three most recognized event brands in Canada.
– 30 -
For additional information:
Mark Kreller Doug Maybee
Executive Director Manager, Public and Media Relations
K-W Oktoberfest Inc. Economical Insurance®
519-570-4267 ext. 222 519-570-8249 mark@oktoberfest.ca doug.maybee@economical.com
Ministers say plan makes resource sector economical and environmental
By Jamie Smith, tbnewswatch.com