All posts tagged IT

The Benefits Of Leasing A Printer For Your Business Instead Of Buying One

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While increasing amounts of work are being done on computers and via email, the idea of the ‘paperless office’ has still not come to pass. All businesses need a printer as an essential part of their IT infrastructure, but a surprising number of businesses have not yet realised the benefits that leasing a printer can bring. Indeed, many small and medium enterprises are not even aware that leasing a printer is an option. So, what are the benefits of leasing a printer for businesses?

1) Reduced Capital Expenditure

The purchase of a new printer outright requires the spending of a significant sum of money – money that has to come from somewhere. It is either liquid cash that is no longer available for running costs or other purchases or requires a line of credit that could better be used for other requirements. Both of these options could be better used in other aspects of the business.

2) Enhanced Budget

A leasing option is in essence a one stop shop for a business’s printing needs. The business simply pays an agreed monthly fee for its printing infrastructure needs, allowing the cost to be spread out across the budget, with maintenance and replacement fees included in the price. This has important connotations for the next benefit.

3) No Surprise Expenditure

When a business owns its own printer it is responsible for repairing or replacing the printer should it wear out or malfunction. With a leasing option, these costs are covered in the price of the lease. A leasing option avoids a budget crunch when a printer needs to be replaced and removes the need to keep money in an emergency fund for printer expenses.

4) No Maintenance Worries

Money is not the only consideration – the time of a business and its employees is also valuable. Rather than having to organise printer replacement, maintenance or repairs themselves, a business with a leased printer can leave these activities to the leasing company, freeing up employee time for the core aspects of the business.

5) Avoidance of Obsolescence

Capital expenditure on a printer is basically a money-sink. IT infrastructure is constantly developing and hence a printer depreciates at a rapid pace. These factors reduce the benefit of having such an ‘asset’ on the company’s balance sheet.

6) Easy Upgrading

Should a business’s printing requirements change then those that own their own printers will need to write off their old hardware and make a new purchase. With a leasing option the business avoids such costly capital expenditure as they can simply renegotiate their lease with the supplying company. This is equally valuable in the case where printing requirements decrease, allowing the business to decrease the cost of their monthly lease without needing to purchase a whole new printer. This benefit is particularly advantageous to new or rapidly-growing businesses who may have quickly-changing requirements.

7) Removal of Disposal Worries

The responsibilities and worries associated with your IT infrastructure do not end when the printer has reached the end of its life. As with all IT hardware, the disposal of printers is covered by a plethora of rules and regulations. With a leasing option, this responsibility and its associated costs is removed from the business.

8) Increased Flexibility

With so many rapid and game-changing developments in printing technology and business practices occurring on a daily basis businesses need to be able to be flexible in their IT infrastructure. A printer lease increases this flexibility by requiring only a change in the lease rather than the purchase of new hardware by the company.

Retail Stores And Business Transaction Management

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In the fast paced modern retail world, it is imperative that companies stay abreast of the latest technology. This is true in all industries, and retail stores are no exception. One of the first industries to embrace business transaction management (BTM) was in fact the retail industry.

Early Adaption to BTM Solutions

There are many reasons that retail stores quickly jumped on the potential shown by business transaction management. One of the most important and impressive reasons for adopting this technology into IT system’s management was that BTM was and still is very efficient in what it can produce. It makes the running of the complex IT systems behind a retail store much more effective by reducing the MTTR (mean-time-to-repair) and MTBF (mean-time-between-failures) for software problems; thus, keeping operational expenditures lower than would otherwise be possible.

BTM can auto discover and then monitor all the transactions and their dependencies in a retail order process flow. For example, it discovers the applications that check inventory, captures an order, validates the order, calculates shipping and tax, takes payment and the integrations of retail order process with demand management, fulfillment, and ERP. For each of these applications it monitors in real-time the transactions they invoke and their outcomes.

BTM is attractive because it can be tailored specifically for any size of retail store. It can be scaled in terms of the features used to the needs of the business. Then as the business grows the right BTM solution has the ability to grow right with the business. This keeps cost low, as there is no need to continually replace an existing IT system or add new layers of functionality.

Instead, the retail store can activate more complex features, or simply have them added to what they already use. On top of this, BTM software lets its users monitor and reduce the number of business impacting problems from a range of infrastructure as varied as legacy applications with their roots in the 1960s to the latest SOA and cloud-based applications. This lets users attain the highest availability and performance out of their existing IT environments at the lowest cost, instead of forcing redesign, again keeping costs to a minimum and reducing the need for a much larger IT team.

Business Transaction Management and Application Performance Management

Retail stores must be able to monitor various applications and the transactions they invoke in an efficient, timely and professional manner in order to stay competitive and provide a high level of customer service. Stock levels, sales, purchases and other important data are directly related to bottom line profits.

With a high quality BTM solution in place, real time monitoring is a reality within the system. This drastically reduces any potential problems from occurring, and ensures that the response times for any bottlenecks in the system are kept to an absolute minimum.

Application performance management takes BTM one step further. APM monitors the performance of various business processes and the IT transactions that impact the supply chain. Then through the powerful correlation abilities of a complex event processing (CEP) engine, APM turns huge data sets into useable information.

This information could involve anything from supply chain management and raw materials to tracking stock levels and cash transactions. If it involves information, BTM/APM work together to keep a business’ computer connected activities flowing smoothly. As there are multiple applications required inside the IT environment, each one performing a different function, yet needing to interact with the other applications within the system, BTM/APM is the only way to maintain control. Without a BTM/APM solution high performance and constant 24/7 availability just cannot be maintained.

The Nastel AutoPilot BTM/APM Solution for Retail Stores

Nastels AutoPilot BTM/APM solution can deal with all the issues faced by retail stores. AutoPilot’s business transaction management component improves business process execution. The built-in complex event processing engine enables deep-dive diagnostics which find bottlenecks in the system before users are impacted and business processes are disrupted. This enables IT to resolve them before they cause mission critical events that impact profitability.

The application performance management component empowers retail stores with the ability to do more than maintain control of their IT environments. It allows IT to optimize the environment. All in all AutoPilot offers one of the best solutions for resolving real-time issues quickly, cutting IT infrastructure costs and keeping customer’s happyall things that impact the bottom line.

An Overview Of Business Administration Degree

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As our economy continues to change rapidly, there has never been a greater demand for developing and maintaining successful businesses than now. Its a ruthless world out there and only the strong survive but to manage to do so requires individuals with strong skill sets, world-class training and a knowledge base that is far reaching. A major in business administration will provide just the goal-focused curriculum and training required to excel in such ventures. Most business administration degrees prepare students with a firm grounding in the principles of finance, marketing, economics, accounting, statistics, problem solving, human resources and decision-making. If you are looking to major in Business Administration, be aware that this is not the stream for introverted people who prefer to work alone. The field demands a go-getting personality who thrives in stressful situations, works well in a group, and can listen well as well as delegate with authority.

Business administration includes a great deal of problem solving and number crunching as well, so, proficiency for math is always an asset. Many colleges offer Master, Bachelor and Associate Degree in Business with a general knowledge base and the ability to specialize in a particular area of your choice. Such programs encourage students to think about a wide range of issues from politics to ethics, sensitivity, innovativeness, creativity and other dynamics. A degree in business administration will therefore help you develop and master these skills and abilities. You can then decide which areas of specialization would most interest you and apply the strategies and theory you have learned to your field of choice. Business administration equips you to enter a wide variety of careers with a degree that is recognized and valued by companies the world over.

Business administration skills are required in most careers. From public sector organizations to charities, the government to law, industry to media, commercial and financial organizations as well as small and big businesses, the skill sets and training provided by a business administration degree would always be an advantage. A Bachelor of Business Administration provides graduates with employment opportunities in accounting, advertising, banking, brokerage, insurance, management, marketing, human resources, public relations, retail, sales, stocks and shares, IT, and self-employment.

Choosing a degree in business as a major is not a decision to be taken lightly. As a major investment of time, effort and money, make sure that you are definite about your career plans and course of action. Business degrees are excellent ways for some to get their careers back on track as well. Equipped with such a degree, your negotiating power in an organization improves drastically and you can aim for higher positions as well as an increase in your earning potential. For those in non-business careers, a business degree is also useful. For fields such as education, healthcare, media and engineering, a business degree provides you with managerial skills and leadership training to help you advance in your current career of choice. While there is never any guarantee of success with any degree, business or otherwise, it is a sound investment in yourself and your future prospects as long as you put in the time and effort necessary to make the most of the experience.

Fastest Money Making Business In India

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India is a beautiful country, full of contradictions and contrasts, with abject poverty living side by side with affluence. It has an ancient civilization and culture, and a rapidly growing young educated population.

Now, however India has come into the forefront for many more reasons. For the last few years the IT boom in India and the amazing technological advances here have fuelled a massive interest in most sectors. It has become the hub for most software development, and the outsourcing industry has seen foreign direct investment rise manifold. This has led to a rise in all ancillary sectors and has been responsible for the real estate sector becoming one of the most lucrative investments in India.

As in everywhere else in the World, property development in India can be classified into two sectors the commercial and the retail sectors. There are a few paradigms which are unique to the Indian sub-continent and which need to be taken into consideration before any investment into real estate.
India is a large country, with an even larger population. Real Estate, especially in the metro and urban areas is scarce and is mainly driven by demand. Until a few years ago, it was the stronghold of a few, most of it was owned by individual owners and there were almost no large corporations or conglomerates involved in this sector.

Real Estate was bought and kept for generations as easy buy and easy sell systems did not exist. Even now 99% of Indias urban middle class will buy a property only once, and will probably live in it all their lives.
Even if anyone wanted to buy more real estate loans have been difficult to come by, and the interest rates were too high. The young lived with their parents, or in rented accommodation. Rents took a large chunk of their earnings, but the prohibitive interest rates, and scarcity of land prevented them from buying their own homes.

Commercial property was also very scarce. In the large metros such as Hyderabad and Secunderabad, there were very few fully developed commercial complexes and the satellite towns had not yet come into their own.

Property Market

Today the scenario has changed amazingly, to the benefit of all those connected with India. For the last few years everyone in India has been talking about the property boom in the metros. However the sale price of large properties in the heart of Hyderabad, has stunned even the most optimist of investors. An amazing $100 million dollars for a relatively small property of 5 acres seemed unrealistic, but as days went by everyone realized that the property boom in India had finally arrived and would stay for a long period of time.

There are many factors that have propelled this change – all interconnected and mostly driven by the boom in the technology sector and the rapidly growing urban middle class. The rise in foreign direct investment, an economic growth rate of over 7%, rising salaries and a loosening of the stringent lending regulations have given rise to a real estate market which is expected to show a growth rate of 25% annually.

In the retail sector or the residential sector, the boom has been just as great. The mortgage rates at 7.5% to 9 % are among the lowest in the world. The satellite towns of Hyderabad, Vijayawada, and other metros have sprung up very quickly, and most developers have bought large tracts of land. These are being built into highly affordable apartments to cater to demands from the young affluent executives. The entry of large corporations into the residential sector has led to a rising of standards and a more efficient infrastructure.

If you are looking for the best and knowledgeable real-estate property consultant in India then Bbg India should be the chosen destination. Bbg India is a journal carrying most up-to-date details from the area of actual property. Thus, if you wish to make maximum profits in the area of investment property then simply contact the best and knowledgeable real-estate property professionals in India.