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Chủ Nhật, 30 tháng 6, 2013

MyOVS and SmarTek21 Announce Office365 Offerings for Integration of SAP ... - PR Web (press release)

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Kirkland, WA (PRWEB) June 30, 2013


MyOVS, a leading software company that specializes in integrating ERP systems to Microsoft SharePoint and mobile applications, announced today an upcoming product offering that integrates the MyOVS business apps into SharePoint on Office365. This new offering is targeted at the growing number of Office365 customers who also run SAP and officially brings MyOVS into the cloud business.


“We are very excited to now be able to offer the MyOVS business solutions to Office365 customers,” said T.J. Merrill, Executive V.P. of MyOVS. “Enterprises large and small who use SAP are rapidly moving to cloud based application platforms like Office365, and they need to quickly and cost-effectively integrate their enterprise systems into SharePoint and other Office applications.


MyOVS offers SharePoint and mobile solutions for SAP customers including paystubs, W-2s, employee data management, time data management, benefits, manager approvals, reporting, leave requests, and more. MyOVS solutions have the flexibility to be deployed on premise or in the cloud or a combination of both.


Many Office365 plans include the latest desktop version of Office in addition to web-based access to Office applications, SharePoint, and many other cloud services. Now business users can also access SAP backend data and transactions via MyOVS applications on SharePoint on Office 365, as well as integrate to any of the Microsoft Office Professional applications, Exchange, or Lync through our web services APIs and HTML5.


OVS, LLC is a Washington state-based software company that provides solutions that allows customers to maximize their investment in enterprise software such as SharePoint®, SAP®, salesforce.com, Oracle and mobile applications.


MyOVS is a sub-corporation of SmarTek21, a global IT services company that helps enterprises solve development, implementation and business problems. Founded in 2006, SmarTek21 was recently recognized as the fastest growing private Information Technology company in the greater Puget Sound area by the Puget Sound Business Journal. SmarTek21 has successfully delivered IT solutions to clients throughout the world.








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SAP AG (ADR) (SAP): Puts Active As Shares Stumble - iStockAnalyst (press release)

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SAP - SAP AG – Put options on SAP are active on Friday, with shares in the software company down more than 4.0% in the early going at $72.42. SAP's shares are declining in sympathy with Accenture, the world's second-largest technology-consulting company, after that company posted lower-than-expected third-quarter revenue after the closing bell on Thursday. Traders positioning for shares in SAP to potentially extend declines during the next few weeks picked up roughly 2,000 puts at the Jul $72.5 strike for an average premium of $1.97 each. The bearish strategy makes money at expiration in the event that SAP's shares slide 2.6% from today's low of $72.42 to breach the average breakeven point on the downside at $70.53. Shares in the name, down nearly 12% since the start of 2013, last traded below $70.53 back in November of 2012. SAP is scheduled to report second-quarter earnings ahead of the open on July 18th.


CTRP - Ctrip.com International, Ltd. – Upside call options on Ctrip.com are active this morning, with shares in the online provider of travel services in China rising 2.0% to $33.38 during morning trading. The most heavily traded contracts as measured by volume thus far in the session are the Aug $34 strike calls, with roughly 2,500 lots in play versus open interest of 12 contracts. Time and sales data suggests most of the calls were purchased within a few minutes of the opening bell at an average premium of $2.03 apiece. Call buyers stand ready to profit at expiration in August should shares in CTRP rally another 10% over the current price of $32.87 to exceed the average breakeven point at $36.03. Ctrip.com's shares are up better than than 90% since this time last year.


JBLU - JetBlue Airways Corp – Takeover chatter sparked heavier than usual trading traffic in out-of-the-money call options on air carrier, JetBlue, Inc., this morning. Shares in the name rose as much as 9.0% near the open to $6.63, the highest level since mid-May, after a report in Brazilian newspaper, Folha de S.Paulo, on Friday said that David Neeleman, the founder and former CEO of JetBlue and current owner of Brazilian airline Azul Linhas Aereas, is creating an investment fund to buy back control of the company and purchase TAP, a Portuguese airline. Neeleman, according to a report by Bloomberg reporter, Mary Schlangenstein, said, "No talks are underway" for such a fund during a telephone interview today. Shares are well off earlier highs, but remain up 3.3% at $6.28. Options on JBLU popped on the unconfirmed takeover rumors, with volume rising to 12,100 contracts by 11:40 a.m. ET versus the usual average daily volume of around 1,100 contracts. The Jul $7.0 strike calls are the most active, with some 7,300 contracts traded as of the time of this writing. It looks like most of the calls were purchased by for an average premium of $0.075 each. The bullish position may be profitable at expiration next month if shares in JBLU rally more than 12% over the current price of $6.28 to surpass the average breakeven point at $7.075.






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Bill McDermott of SAP, on Knowing What You Want - New York Times (blog)

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This interview with Bill McDermott, co-chief executive of SAP, the software company, was conducted and condensed by Adam Bryant.




Q. Were you in leadership roles early on as a child?


A. When I was around 11 years old, I was the assistant coach to my dad, and we coached my brother’s basketball team. My dad was a huge basketball guy, and my grandfather, Bobby McDermott, was a Hall of Fame basketball player.


Q. In that role, did you help with strategy?


A. Every timeout, my dad would always ask my opinion. And I was always quick to give him one. Sometimes I had a different play in mind than he had, and he was quick to listen and try it. Sometimes he wouldn’t take it, but very often the debate led to an even better answer.


Q. What about your high school and college years?


A. I had three jobs in high school. And then I traded all those jobs into one, when I went to work at this delicatessen. About a year later, I ended up buying that delicatessen. I was 16.


Q. That must have been a lot of work.


A. I came from a working-class family, and wanted to have my own money. I wanted a car. I also wanted to do what I could around the edges to give something back to my family. Plus, I loved to work. I put myself through four years of college on the back of that delicatessen. I took all my classes on Tuesdays and Thursdays, and every other waking hour I was there.


Q. And after college?


A. I sold the delicatessen, and at the time I believed strongly that I had to get with a company that provided great training, that would give me the professional polish I needed. I wanted to work for Xerox.


The day of my interview, my father drove me to the Long Island Rail Road. As I got out of the car, I said to him, “I guarantee you I’m coming home tonight with my employee badge from Xerox in my pocket.” My dad said: “Bill, don’t put that kind of pressure on yourself. Just do your best.”


So I went to Xerox’s hiring center in New York. I made it through all the interviews to meet the district manager. We had this extraordinarily good interview, and he said, “I really enjoyed this conversation, and the H.R. department will be in touch with you in the next couple of weeks.”


To which I replied: “I don’t think you completely understand the situation, sir. I’ve never broken a promise to my dad in 21 years, and I can’t start today. I guaranteed him I’d have my employee badge in my pocket before I got home to Amityville tonight.” He just looked at me for what seemed like an eternity, and he said, “Bill McDermott, as long as you haven’t committed any crimes, you’re hired.”


Q. So what’s the broader take-away, say, for a class of graduating seniors?


A. Two things. A lot of people might play the field, or try to figure out what they want. But I knew exactly what I wanted. Second, you’ve got to want it more. If you want something badly enough, everybody around you can see the passion. And people will make bold bets on people who have an unwavering passion to succeed or a passion to do something. I think that can get totally missed in the world of academia, but that’s the real world.


Q. You moved up quickly into senior leadership roles at Xerox — how did you get started?


A. I basically moved up to become the sales operations manager for the New York region, then became the district manager for Puerto Rico and the Virgin Islands. Our region was ranked 86th in the company out of 86. And I said, wow, this is very interesting.


So now the challenge was, how are you going to make these guys winners? I spent two weeks interviewing everybody and listening. I’d sit there and just say, “What do you think we need to do?”


After doing that for two weeks, I found out the three things that were unanimous in terms of what people thought we should do. No. 1, they wanted to be motivated. A previous boss, they told me, had been very financial in his orientation, and focused on cutting expenses. The second thing was that they wanted to have a holiday party, because they had lost the holiday party. The third thing is that they needed clear direction on what they were supposed to do. “Just tell us what to do,” they said.


So we basically gave them three things that we were going to focus on in the business. Then we gave them inspiration and pageantry at every turn to celebrate the victories as we made progress against those three goals. And then we had the holiday party, which was the most important of all. By the end of the year, we ranked No. 1 in terms of beating our plan.


Q. How do you hire?


A. I always try to hire somebody who’s got a vision at least as big as mine. The main question I ask is, what do you want? If you ask somebody what they want, you’ll know everything there is to know about them. We’re looking for people who have a clarity about who they are and what they want, and where they want to go. They should have a keen understanding of how the job they’re interviewing for fits into their personal passions. So I want to know that they’ve got the talent, the bandwidth, the acumen and the intellectual curiosity to keep getting better. But I also want to know that they really want it.


Q. Are there things that you have particularly low tolerance for?


A. People who play office. They come in to basically play the corporate game — here are my PowerPoints, here’s my pitch, and I’m going to pound you with my corporate-speak until you acknowledge my point of view. But if you want to have a conversation and interest me in what it is you need to get the win, then I’m incredibly interested in you.


I also have a problem with wasting time. You need people who have a sense of urgency and passion, and they come in with a desire and a stated goal, they have a point of view, and they’re looking for some support because they’ve got a game to win. That’s what I want.







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Preparing for SAP HANA through Archiving - Yahoo! New Zealand News

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TORONTO, Ontario, June 27, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Is Your Organization Ready for SAP Hana?


In today's economy, having analytics on demand and being able to provide employees with real-time information at their fingertips is a must. SAP HANA is an industry changing, real-time analytic platform which provides organizations with the ability to handle large amounts of data, as well as increased processing speed and predictive capabilities. The basic structure and database technology did not change for 15 years until now. As organizations collect more and more meaningful data, possessing the ability to utilize and adapt to market changes is essential. As the SAP HANA ecosystem grows and new innovative applications are developed, thereby meeting the demands of the business and increasing business value.


Solutions for the Future


SAP HANA, the analytic technology of the future, can be a significant investment due to the scalability and size of a database, but the ability to manage data effectively and efficiently is necessary. Sigma Business Solutions makes SAP HANA a reality by reducing the cost of implementation through archiving. SAP Archiving is a proactive solution for reducing the total size of a database, which reduces the overall purchase footprint of SAP HANA. In addition, by reducing the total database size, organizations are better prepared for the road ahead. A customer of Sigma, an integrated generation and energy services company is preparing for HANA. In preparation, they implemented archiving which was able to reduce their database size by 50% and in turn reduce the overall cost of HANA, increase the efficiency of installation and reduced the overall implementation cost. There's no question, analyses can be performed fastest in main memory, but it is not required. Keeping a HANA database lean, but still providing access is a smart and proactive solution for all organizations.


Who We Are


For over a decade, Sigma Business Solutions has focused on ILM (Information Life Cycle Management) for SAP, specifically Data Archiving. ILM is the management of data and documents from their creation to their destruction while complying with the various rules and regulations for data access and reporting. Effective implementation of an ILM system reduces the Total Cost of Ownership (TCO) and minimizes risk and liability to the organization. With Sigma's archiving products and solutions, users have seamless and transparent access to archived data while still maintaining performance benchmarks consistent with their production systems.

As the North American premier partner of PBS Software GmbH for over 13 years, Sigma sells and implements the PBS Software Suite, and provides first level support to our customers. With business functional and technical experts, Sigma has the right employees to help your organization obtain their ILM and archiving goals.


To learn more and discover how Sigma can help, please visit http://www.sigma-sbs.com or email info(at)sigma-sbs(dot)com


This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/6/prweb10875658.htm








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Thứ Bảy, 29 tháng 6, 2013

UPDATE 1-Fed's Lacker says market volatility should not sap US growth - Reuters

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Fri Jun 28, 2013 9:34am EDT




By Alister Bull



WHITE SULPHUR SPRINGS, W.Va., June 28 (Reuters) - Financial markets should brace for more volatility as they digest news the Federal Reserve will scale back bond buying later this year, a senior central banker said on Friday, but this is an understandable adjustment and will not derail growth.



"This type of volatility is a normal part of the process of incorporating new information into financial asset prices and should not interfere with the moderate-growth scenario that I have presented," said Richmond Fed President Jeffrey Lacker.



He told a judicial conference to expect U.S. growth to fluctuate around 2 percent for the "foreseeable future," blaming structural impediments to a faster pace of economic activity.



Lacker, one of the central bank's most hawkish officials who is not a voter this year, also said it had been "wise" for Fed Chairman Ben Bernanke to clarify the Fed's views on future bond buying last week, but stressed policy would still be loose.



"Over the course of the next 12 months, the committee will be reducing only the pace at which it is adding accommodation," he said, referring to the Fed's policy-setting committee. "In other words, the Federal Reserve is not only leaving the punch bowl in place, we're continuing to spike the punch, though at a decreasing rate over the next year," he said.



It is a longstanding joke among central bankers to warn their job is that of official party-pooper, who must take away the punch bowl - a fruity drink reinforced with hard liqueur - just as the party is getting started.



Bernanke shocked world markets last week by announcing the Fed would begin reducing the $85 billion monthly pace of bond purchases later this year and would end the program by mid-2014, provided the economy grows as the central bank expects.



The Fed has held interest rates near zero since late 2008 and more than tripled the size of its balance sheet to over $3.3 trillion through an aggressive campaign of asset buying aimed at holding down longer-term borrowing costs.



Lacker opposed the third round of this so-called quantitative easing, or QE3, and repeated his concern it was not aiding the economy, but could make it harder down the road for the central bank to exit from its unprecedented actions.



Speaking at an annual conference for the U.S. Court of Appeals for the Fourth Circuit, hosted in the heart of the mountains of West Virginia, Lacker said investors were also now reconsidering when the Fed will start raising interest rates.



"These reassessments appear to have warranted price changes across an array of financial assets. As market participants gain additional insight from the words of Federal Reserve officials or by policy actions in coming quarters, further asset price volatility seems likely," he cautioned.










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HANA Consultant/Platform - SAP AG - United States

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  • Flexibility to travel is a must

  • Should be able to instruct technical classes as needed

  • Practice Development

  • Ability to perform assigned tasks independently and complete deliverables on time

  • Delivering successful projects and customer success

  • Ability to play the role of a technical lead on projects (technical upgrades/Implementations


etc.,)


  • Knowledge management identification, codification, cleansing, an mass re-use of IP

  • Ability to maintain high degree of knowledge/understanding variety of SAP Technologies and


application of the same


  • Community development

  • Responding to escalations

  • Define /manage/ execute critical training events

  • Supports Consulting Services Sales and License Sales

  • Supports of Services Select package offerings

  • Product BU / Ramp up Liaison Planning Support

  • Participating on strategic customer engagements

  • Provide specialty consulting services (i.e. roadmap, development, assessments, solution (Q/A)


reviews, landscape design, technology optimization etc)


  • Maintaining a high degree of knowledge & understanding of SAP products, SAP Sales tools/processes by ongoing investment in professional & personal development.

  • Keep current on new product offerings, release levels, industry issues, methodologies, & market trends

  • Will carry an individual utilization target, but ultimate measure of success is the success of the HANA solution rollout

  • Certification in SAP Basis is preferred


5+ years of SAP experience in administering SAP Applications - ABAP/JAVA Stack administration (SAP Business Suite, SAP Basis, SAP Solution Manager, Portal, PI, Netweaver etc.,) along with at least two full cycle implementation


  • Should have played the role of Technical Lead managing at least one end to end project (Upgrades, Implementation etc.,)

  • Posses exceptional interpersonal communication / collaboration skills (verbal, written, listening)

  • Ability to both innovate and lead

  • Have demonstrated Practice Development achievements in the past

  • Exceptional leadership, organizational and interpersonal skills; the ability to work well with people from different disciplines with varying degrees of technical experience; competence in clear, concise and tactful communication with senior management, customers, peers and staff

  • Exercises sound judgment, makes informed decision on issues of importance

  • Ability to manage internal and external customer expectations on assignment/resource requirements and deliverables.


BS/MS preferred

  • Required undergraduate university degree, preferably in information technologies or equivalent training and job experience




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81 reviews


SAP AG together with its subsidiaries (SAP) is engaged in developing and licensing business software solutions. SAP also sells support, cons...





HANA Consultant/Platform - SAP AG - United States

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  • Flexibility to travel is a must

  • Should be able to instruct technical classes as needed

  • Practice Development

  • Ability to perform assigned tasks independently and complete deliverables on time

  • Delivering successful projects and customer success

  • Ability to play the role of a technical lead on projects (technical upgrades/Implementations


etc.,)


  • Knowledge management identification, codification, cleansing, an mass re-use of IP

  • Ability to maintain high degree of knowledge/understanding variety of SAP Technologies and


application of the same


  • Community development

  • Responding to escalations

  • Define /manage/ execute critical training events

  • Supports Consulting Services Sales and License Sales

  • Supports of Services Select package offerings

  • Product BU / Ramp up Liaison Planning Support

  • Participating on strategic customer engagements

  • Provide specialty consulting services (i.e. roadmap, development, assessments, solution (Q/A)


reviews, landscape design, technology optimization etc)


  • Maintaining a high degree of knowledge & understanding of SAP products, SAP Sales tools/processes by ongoing investment in professional & personal development.

  • Keep current on new product offerings, release levels, industry issues, methodologies, & market trends

  • Will carry an individual utilization target, but ultimate measure of success is the success of the HANA solution rollout

  • Certification in SAP Basis is preferred


5+ years of SAP experience in administering SAP Applications - ABAP/JAVA Stack administration (SAP Business Suite, SAP Basis, SAP Solution Manager, Portal, PI, Netweaver etc.,) along with at least two full cycle implementation


  • Should have played the role of Technical Lead managing at least one end to end project (Upgrades, Implementation etc.,)

  • Posses exceptional interpersonal communication / collaboration skills (verbal, written, listening)

  • Ability to both innovate and lead

  • Have demonstrated Practice Development achievements in the past

  • Exceptional leadership, organizational and interpersonal skills; the ability to work well with people from different disciplines with varying degrees of technical experience; competence in clear, concise and tactful communication with senior management, customers, peers and staff

  • Exercises sound judgment, makes informed decision on issues of importance

  • Ability to manage internal and external customer expectations on assignment/resource requirements and deliverables.


BS/MS preferred

  • Required undergraduate university degree, preferably in information technologies or equivalent training and job experience




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81 reviews


SAP AG together with its subsidiaries (SAP) is engaged in developing and licensing business software solutions. SAP also sells support, cons...





Industry Advisor Expert-IMC - SAP AG - United States

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Area 1: Identification, development, and execution of targeted sales opportunities; act as key expert in SAPs industry solutions portfolio and serve as a primary conduit between the IBU, Global and Regional ISG and field sales organizations to oversee, influence and track the execution of key field sales priorities.

Area 2: Lead and execute the GTM plans for the Industry; contribute and validate high-quality business plans which clearly articulate Industry/Solution strategy, GTM activities and key execution steps.


Area 3: Assume a leadership role in devising solutions strategies in targeted sales cycles; drive industry credibility to influence the markets opinion of SAPs solutions offerings. Devise comprehensive strategies to engage partners in areas such as business development, packaged solution development and industry solution cross-selling. Act as trusted advisor for customers; role model SAPs values. Help customers become best run businesses in their industry.


Tasks: Provide standardized approaches for value based sales activities on focus industries/solutions. Enable the field and support roll out of new field training; conduct in class training for specific industries and contribute to e-learning content. Provide on demand access for industry specific expertise; engage with customers on a case by case basis.



  • Professional experience with large, multi-national software/IT organizations and with a demonstrated expertise of at least one industry / solution segment (e.g. through Solution Management, Sales, Consulting or Business Development roles).

  • SAP product experience and/or 8-15 years prior relevant industry/solutions experience.

  • Viewed as industry/ solutions expert across SAP, capable of leveraging an extensive network on behalf of SAP resulting in pipeline and revenue growth.

  • Proven track record of success in the selected industry area. High Tech preferred.

  • Customer facing experience. Fluency in English, any other language an asset. Fluency in the language of local markets desirable.

  • Presentations skills: Deliver clear, convincing and well-organized presentations. Project credibility even in highly visible and/or adversarial situations.

  • Sales Industry Knowledge: Has a thorough knowledge of the industry's history, customers, and competitive environment and knows what it takes to be successful.

  • Strategic Thinking.

  • Bachelors degree (or equivalent) required, MBA or equivalent degree required from accredited university preferred.




SAP - 1 hour ago - save job - block




81 reviews


SAP AG together with its subsidiaries (SAP) is engaged in developing and licensing business software solutions. SAP also sells support, cons...





Thứ Sáu, 28 tháng 6, 2013

WFT Cloud Announces On-Premise Private Cloud Solution for SAP customers - PR Web (press release)

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Princeton, NJ (PRWEB) June 28, 2013


Wharfedale Technologies Inc. (WFT Cloud), a leading SAP Infrastructure and SAP Cloud consulting firm, has made significant gains within the cloud computing domain by focusing on cost savings and faster ROI for customers when they deploy or migrate SAP Applications to the Cloud.


Understanding the true cost-saving and benefits for customers moving SAP landscapes to Cloud, WFT releases the on-premise Cloud services to meet the rapid and evolving market demands.


Private Cloud at Customer Premise the following features:


WFT provides the Cloud Infrastructure: No upfront capital Investment cost for customers, WFT will procure and manage the Cloud Infrastructure for SAP.


Private Cloud at Customer Premises: The Cloud Infrastructure for the SAP is resides inside Customers Data Center, satisfying customer security and compliance requirements.


Production and Non-Production Landscape On Premise: Optimally designed to accommodate customers production and non-production landscape.


Fully Cloud Enabled (Elastic): Intelligently designed to accommodate varying resource requirements on demand with scale-back functionality (elastic) and customers only pay for resource usage.


Highly Available: Intelligently designed to Exceeds customer SLA's.


Fully Managed: WFT provides Complete Low Cost Infrastructure and Basis Operations Management Services as a part of contract.


Certified Migration: Free Certified Technical Migration of SAP systems to Private Cloud Infrastructure.


Monthly Utility Billing: Customers are billed monthly, Utility Billing allows Charge backs to Departments/Projects.


FAST Landscape Provisioning: Fast on-demand SAP Systems Landscape Provisioning in minutes, not weeks using WFT's own proprietary SAP Cloud Image Factory (SCIF).


Data Protection: Innovative Data Protection Solutions tailored to customer SLAs.


Disaster Recovery: Optional Disaster Recovery in Private Cloud or in WFT CLOUD


WFT’s On-Premise Private Cloud for SAP customers are built upon WFT Cloud’s own SAP Cloud Image Factory (SCIF). The SCIF methodology, based on various “permutation & combinations” of SAP installation options , rests at the core of how WFT Cloud saves its customers both time and money when provisioning their SAP landscapes on Cloud. WFT Cloud’s “SCIF” library, containing over 800+ SAP Images, combined with WFT's Rapid Migration approach enables faster deployment of SAP Landscapes in matter of days (not weeks). This will help customers to reduce their CapEx and OpEx on running SAP solutions and meet their SLAs. WFT's subscription based model increases customer ROI.


WFT Cloud customers realize greater cost savings through a predictable pricing structure. WFT Cloud’s all inclusive fixed-price model includes: cost for hardware and software, SAP operations support, SAP data protection, as well as SAP system refresh and patching. WFT Cloud customers experience accelerated ROI and a cost-saving advantage after migrating their SAP Solutions to Cloud. The following are the average cost savings for WFT Cloud customers when migrating from legacy Infrastructure.


WFT Owned and Managed Private Cloud at Customer Premises Minimum of 30-40% savings


WFT Cloud customers can also take advantage of our “Cloud Aggregation Solution”. The cloud aggregation solution provides customers with the flexibility and choice of selecting between competing cloud infrastructure solutions to host the SAP application. This option truly serves to benefit WFT Cloud customers by delivering SLA driven options, reduced operational costs and faster ROI.


Ganesh Radhakrishnan, CEO of WFT Cloud, concurs with Gartner’s assumption that, “30% of all businesses will own absolutely no IT assets come 2014”. This is why WFT Cloud has become a leader in helping customers to reduce operation costs and improve efficiencies when migrating their SAP landscapes onto a Private, Hybrid or WFT Cloud.


About Wharfedale Technologies Inc.


Wharfedale Technologies Inc. (WFT Cloud) is a leading technology consulting firm specializing in SAP infrastructure integrations and services, as well as private/public hybrid Cloud solutions. As an SAP certified provider of cloud services, Wharfedale also offers SAP solutions around - high availability, disaster recovery, advanced sizing for virtualization, back up/recovery Integration, systems refresh automation and landscape optimization.


For more information on Wharfedale and WFT Cloud services, please visit http://www.wftcloud.com or call us at (888) 533-3113.


SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.








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Fed's Lacker says market volatility should not sap US growth - Reuters

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Federal Reserve Bank of Richmond President Jeffrey Lacker testifies before the House Financial Services Committee hearing on ''Examining How the Dodd-Frank Act Could Result in More Taxpayer-Funded Bailouts'' on Capitol Hill in Washington June 26, 2013. REUTERS/Yuri Gripas

Federal Reserve Bank of Richmond President Jeffrey Lacker testifies before the House Financial Services Committee hearing on ''Examining How the Dodd-Frank Act Could Result in More Taxpayer-Funded Bailouts'' on Capitol Hill in Washington June 26, 2013.


Credit: Reuters/Yuri Gripas







WHITE SULPHUR SPRINGS, West Virginia | Fri Jun 28, 2013 12:50pm EDT




WHITE SULPHUR SPRINGS, West Virginia (Reuters) - Financial markets should brace for more volatility as they digest news the Federal Reserve will scale back bond buying later this year, a senior central banker said on Friday, but this is an understandable adjustment and will not derail growth.



"This type of volatility is a normal part of the process of incorporating new information into financial asset prices and should not interfere with the moderate-growth scenario that I have presented," said Richmond Fed President Jeffrey Lacker.



He told a judicial conference to expect U.S. growth to fluctuate around 2 percent for the "foreseeable future," blaming structural impediments to a faster pace of economic activity.



Lacker, one of the central bank's most hawkish officials who is not a voter this year, also said it had been "wise" for Fed Chairman Ben Bernanke to clarify the Fed's views on future bond buying last week, but stressed policy would still be loose.



"Over the course of the next 12 months, the committee will be reducing only the pace at which it is adding accommodation," he said, referring to the Fed's policy-setting committee. "In other words, the Federal Reserve is not only leaving the punch bowl in place, we're continuing to spike the punch, though at a decreasing rate over the next year," he said.



It is a longstanding joke among central bankers to warn their job is that of official party-pooper, who must take away the punch bowl - a fruity drink reinforced with hard liqueur - just as the party is getting started.



Bernanke shocked world markets last week by announcing the Fed would begin reducing the $85 billion monthly pace of bond purchases later this year and would end the program by mid-2014, provided the economy grows as the central bank expects.



The Fed has held interest rates near zero since late 2008 and more than tripled the size of its balance sheet to over $3.3 trillion through an aggressive campaign of asset buying aimed at holding down longer-term borrowing costs.



Lacker opposed the third round of this so-called quantitative easing, or QE3, and repeated his concern it was not aiding the economy, but could make it harder down the road for the central bank to exit from its unprecedented actions.



Speaking at an annual conference for the U.S. Court of Appeals for the Fourth Circuit, hosted in the heart of the mountains of West Virginia, Lacker said investors were also now reconsidering when the Fed will start raising interest rates.



"These reassessments appear to have warranted price changes across an array of financial assets. As market participants gain additional insight from the words of Federal Reserve officials or by policy actions in coming quarters, further asset price volatility seems likely," he cautioned.



(Reporting by Alister Bull; Editing by Andrea Ricci)










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SAP AG : June 28, 2013SAP Wins Corporate Finance Award › - 4-traders (press release)

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SAP Wins Corporate Finance Award

June 28, 2013| SAP - Corporate


SAP NEWSBYTE - Werner Brandt, chief financial officer of SAP AG (NYSE: SAP), and Matthias Heiden, head of Treasury for SAP AG, yesterday received the Corporate Finance Consistency Award of German financial newspaper Börsen-Zeitung. With this award, the publication's jury honored the acquisitions of SAP companies SuccessFactors and Ariba as "outstanding transactions in the past year in terms of corporate strategy and financing."


SAP acquired SuccessFactors and Ariba in 2012. In this context, it placed a public bond on the Eurobond market in the amount of EUR 1.3 billion and arranged a U.S. private placement in the amount of EUR 1.1 billion to refinance an acquisition credit syndicated by six banks in the amount of EUR 2.4 billion. Both transactions were highly successful. The Eurobond met high international demand; the emission's order book was significantly oversubscribed. The bond includes a triennial tranche with a volume of EUR 550 million (coupon: 1.000 percent) and a septennial tranche with a volume of EUR 750 million (coupon: 2.125 percent). The majority of investors come from Germany and the U.K.


The U.S. private placement (USPP) was the biggest individual transaction by a foreign issuer in the U.S. market to date. It includes maturities from five to 15 years. With an overall USPP volume of US$2.65 billion, SAP is the third largest issuer in the market for U.S. private placements and the biggest non-American issuer.


For more information, visit the SAP Newsroom. Follow SAP on Twitter at @sapnews.


Media Contacts:

Christoph Liedtke, +49 (6227) 7-50383, christoph.liedtke@sap.com, CET

Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET


Investor Relations:

Stefan Gruber, +49 (6227) 7-44872, investor@sap.com, CET







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Fed's Lacker: Market Volatility Should Not Sap US Growth - CNBC.com

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Joshua Roberts | Getty Images


Jeffrey Lacker, president of the Federal Reserve Bank of Richmond.




Financial markets should brace for more volatility as they digest news the Federal Reserve will scale back bond buying later this year, a senior central banker said on Friday, but this is an understandable adjustment and will not derail growth.


"This type of volatility is a normal pa of the process of incorporating new information into financial asset prices and should not interfere with the moderate-growth scenario that I have presented," said Richmond Fed President Jeffrey Lacker.


He told a judicial conference to expect U.S. growth to fluctuate around 2 percent for the "foreseeable future," blaming structural impediments to a faster pace of economic activity.


(Read More: Fed Speakers Out in Force as Markets Stabilize)


Lacker, one of the central bank's most hawkish officials who is not a voter this year, also said it had been "wise" for Fed Chairman Ben Bernanke to clarify the Fed's views on future bond buying last week, but stressed policy would still be loose.


He also said the Fed is not just "leaving the punch bowl in place," it's "continuing to spike the punch."




Financial markets should brace for more volatility as they digest news the Federal Reserve will scale back bond buying later this year, a senior central banker said on Friday, but this is an understandable adjustment and will not derail growth.






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SAP sees Chinese income to hit US$1b - People's Daily Online

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SAP Corp expects a US$1 billion revenue in China in 2015 and the Chinese market to become one of its top five regional markets in the "middle term" amid increased investment and huge demand, SAP said at the close of an IT show yesterday.


"China is the most exciting and strategic market for SAP," Alex Atzberger, SAP's senior vice president, said in a interview during the Mobile Asia Expo in Shanghai.


In 2015, China is set to account for 5 percent of SAP's global revenue which may hit US$20 billion. Over the mid-term, China will become one of the top five regional markets by revenue for SAP which added that over the past years the growth in Chinese revenue was always "double digits" annually.


The Germany-based enterprise software giant is also seeking to tap prospects in convergence of mobility and management as well as huge-volume data analysis, Atzberger who is also head of SAP's Fast Growth Markets and China Growth Plan, said.


SAP also said it would invest US$2 billion in China under a five-year plan until 2015.





















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German Stocks Little Changed as SAP Drops, ThyssenKrupp Rallies - Businessweek

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German stocks erased earlier gains, leaving the benchmark DAX Index little changed, as a selloff in SAP AG (SAP) offset better-than-forecast Japanese industrial production data.


SAP, the largest maker of business-management software, dropped 2.2 percent after Accenture Plc issued a revenue forecast that fell short of analyst estimates. Deutsche Bank AG and Merck KGaA dropped more than 1 percent, while ThyssenKrupp AG (TKA) and Commmerzbank AG paced gains.


The DAX rose less than 0.1 percent to 7,991.85 at 11:11 a.m. in Frankfurt, extending its quarterly advance to 2.5 percent. The gauge has still lost 4.3 percent in June, its biggest decline in 13 months, after the Federal Reserve indicated it may start paring its stimulus program this year. The broader HDAX Index fell less than 0.1 percent today.


The market should “pause for a second,” Alex Friedman, chief investment officer at UBS AG, told Francince Lacqua on Bloomberg Television from Zurich. “What the Fed has done is really not unexpected. The biggest risk right now is that investors basically misinterpret what the Fed is doing and I think that creates buying opportunities.”


The German VDAX Index, which measures the cost of buying protection against swings on the DAX (DAX), has still increased 13 percent in June and is headed for the first back-to-back monthly advance in 13 months.


Stocks rose earlier after a report showed that Japanese factory output rose 2 percent in May, the most since December 2011. Economists had projected that industrial production would climb 0.2 percent from the previous month, according to the median estimate in a Bloomberg News survey.


Lockhart Comments


Fed Bank of Atlanta President Dennis Lockhart said after the close of European trading yesterday that investors may have overreacted to Fed Chairman Ben S. Bernanke’s announcement that the central bank could taper its bond-buying program.


Speaking in Marietta, Georgia, Lockhart said that the Fed’s very low interest-rate policy will remain in place for a considerable time and policy will remain “highly accommodative.”


SAP dropped 2.2 percent to 56.73 euros. European technology companies slid after Accenture, the world’s second-largest technology-consulting company, forecast fourth-quarter revenue of $6.7 billion to $7 billion. That missed the $7.36 billion average analyst estimate.


The company is considered a bellwether for the information-technology market because its earnings cycle ends one month sooner than competitors.


Deutsche Bank


Deutsche Bank, Germany’s largest lender, lost 1.2 percent to 32.73 euros. A gauge of banking stocks was among the worst performers of the 19 industry groups on the Stoxx Europe 600 Index.


Merck, maker of cancer drug Erbitux, slid 1.2 percent to 118.45 euros. A measure of healthcare companies fell the most on the Stoxx 600.


ThyssenKrupp advanced 1.9 percent to 14.90 euros. Sueddeutsche Zeitung reported that RAG Foundation could become a shareholder in the steelmaker and participate in a capital increase that together with Alfried Krupp von Bohlen und Halbach Foundation will help to protect ThyssenKrupp from a hostile takeover. The newspaper cited people familiar with the matter.


Commerzbank AG (CBK) rose 2.9 percent to 6.79 euros, rebounding from a six-day selloff that sent the shares tumbling 13 percent. The bank’s Commerz Real unit wants to sell its special funds business to competitor Internos, Handelsblatt reported, citing unidentified people close to the company.


Hochtief AG (HOT) climbed 1 percent to 50.67 euros, for a fourth day of gains. Germany’s largest construction company said it will buy more shares in Leighton Holdings Ltd. after increasing its stake in the Australian builder to almost 55 percent.


To contact the reporter on this story: Sarah Jones in London at sjones35@bloomberg.net


To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net







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Computational Linguist - SAP AG - Cambridge, MA

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  • Assumes ownership of one or more language modules in our NLP products

  • Creates, maintains and augments machine-readable dictionaries, grammar rules and parsing algorithms

  • Develops and maintains tools for the automation and support of linguistic tasks

  • Enhances the accuracy of our core technologies

  • Optimizes the performance of core engines to achieve breakthrough results

  • Researches and implements new functionality

  • Experience with regex languages and finite state automata for NLP applications

  • Experience developing named entity recognition functionality or in-depth knowledge of other text-based linguistic applications

  • Experience working in a production-oriented development environment

  • Agile/SCRUM development processes

  • Minimum of B.A. in Computational Linguistics or equivalent and 2+ years of experience in the NLP industry, or M.A. in Computational Linguistics or equivalent

  • Native or near-native knowledge of a major world language (preferably Japanese, Korean, Turkish, Arabic, Hebrew or Chinese) in addition to English

  • Strong background in syntax and morphology

  • Proficiency in at least one data manipulation language (Perl or Python preferred)

  • Understanding of statistical approaches to NLP (e.g., Bayesian algorithms, HMMs, SVMs, supervised or unsupervised learning)

  • Familiarity with UNIX environments




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SAP AG together with its subsidiaries (SAP) is engaged in developing and licensing business software solutions. SAP also sells support, cons...





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Optimal Labs Helps Businesses Tap the Full Value of SAP Business Suite, the ... - Broadway World

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Related: Cloud, News


Optimal Solutions Integration, Inc. (Optimal), an award-winning SAP services partner, today announced the opening of Optimal Labs, a state-of-the-art facility featuring a wide array of integrated SAP industry, line of business, analytical, and technical products where existing and prospective customers can experience live demonstrations of the very latest SAP solutions, build business cases for investing in SAP, test enhancements to their existing SAP landscapes, and learn first hand how Mobility, Enterprise Performance Management, Enterprise Data Management, Cloud, Analytics and the power of SAP HANA can drive process improvements, efficiency gains, competitiveness and profits.


Said Optimal CEO Gurvendra Suri, "The pace of change in business today is equalled only by the blistering speed of technological innovation. Investing in technology is vital to success, but an ever-shifting technology environment can make the decision process difficult and time consuming. As one of the largest consulting firms in North America focused exclusively on SAP solutions and services, Optimal is committed to leveraging our extensive industry expertise and broad SAP experience to deliver maximum value and measurable ROI for our clients. Our investment in Optimal Labs is a natural extension of this commitment, providing a cutting edge, one-stop environment for our customers to test their current and future SAP applications, benchmark application performance, explore and experiment with HANA, Mobility, Enterprise Performance Management, Analytics and the Cloud and develop a bullet-proof business case and strategic plan for rapidly implementing SAP."


At Optimal Labs, businesses and public organizations of all sizes can:



  • Evaluate the latest in SAP solutions to see first-hand how business process requirements can be configured within a live SAP system.

  • Get real-life demonstrations of SAP best practices to understand how SAP is typically configured to handle standard processes.

  • Gain insight into the power of integration among various SAP platforms, applications, technology components, and non-SAP systems.

  • See SAP HANA in action stand alone or in a tightly integrated environment that shows how data flows from Core ERP to BW to EPM to SAP HANA.

  • Explore the powerful possibilities of extending SAP solutions to mobile devices.

  • Map out a strategic plan for cloud migration private, public, hybrid or managed hosting.


"One of our members' major concerns is figuring out how SAP's HANA strategy applies to them and can benefit their businesses," ASUG CEO Bridgette Chambers said. "Optimal has created something innovative and unique here that I am certain can bring tremendous value to our members in helping them determine what return on investment a HANA strategy would bring to their companies."





















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Drug cartels sap our resources - Coos Bay World

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I found it grimly humorous to read the article “Drug cartels’ reach extends to Pacific Northwest,” in The World on June 24.


I’ve been wondering when someone would finally acknowledge the grisly fact in the print media. Without going into personal details, I worked with a team of fellow former military members on the U.S.-Mexico border for a number of months in 2011 and 2012 for private citizens who were threatened by cartel activity on their lands. It was evident in the potential destination of cartel drug shipments, in particular the high-value powder drugs we witnessed. Often the “mules” doing the transport had no idea where the “junk” they carried was heading, as it worked its way north, west and east through a series of networks and complex systems. They were intentionally only a spoke in a large wheel and knew little about the others. But the feedback from federal agents often confirmed the high probability that the Pacific Northwest was a favored delivery point.


I’ll bet our local and regional law enforcement authorities have been acutely aware of this growing problem; it saps their resources, both financially and in human power. Many more of the drugs get to market than get caught and it is the same for the traffickers, because of the massive and deep network they have cultivated. My experience was in the Tucson, Ariz., area but it is a nationwide near epidemic. Like it or not, it has a direct relationship to the southern border and to ignore or deny that is continued naiveté toward the overall problem noted by assistant U.S. Attorney Deits in the article.


Timothy Votaw


Roseburg







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Sacto 911: Traffic stop in South Lake Tahoe ends in arrest, sap confiscation - Modesto Bee

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According to authorities, a search of John Liska and his vehicle turned up a stolen firearm, ammunition, metal knuckles, an illegal spring-loaded knife and a sap, described by police as a flat, leather covered lead rod





A traffic stop in South Lake Tahoe of a convicted felon from Alaska resulted in his arrest on suspicion of burglary, possession of a sap and other charges.


An officer stopped a vehicle being driven by John Liska, 34, in South Lake Tahoe at 6 p.m.Wednesday. Another officer recognized Liska's name as a suspect in a May vehicle burglary.


In the vehicle burglary, a check was stolen, forged and passed for cash at a South Lake Tahoe bank. Liska was arrested.


According to authorities, a search of Liska and his vehicle turned up a stolen firearm, ammunition, metal knuckles, an illegal spring-loaded knife and a sap, described by police as a flat, leather covered lead rod.


Police said it is against the law to possess a sap in California.







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Preparing for SAP HANA through Archiving - PR Web (press release)

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Toronto, Ontario (PRWEB) June 27, 2013


Is Your Organization Ready for SAP Hana?


In today’s economy, having analytics on demand and being able to provide employees with real-time information at their fingertips is a must. SAP HANA is an industry changing, real-time analytic platform which provides organizations with the ability to handle large amounts of data, as well as increased processing speed and predictive capabilities. The basic structure and database technology did not change for 15 years until now. As organizations collect more and more meaningful data, possessing the ability to utilize and adapt to market changes is essential. As the SAP HANA ecosystem grows and new innovative applications are developed, thereby meeting the demands of the business and increasing business value.


Solutions for the Future


SAP HANA, the analytic technology of the future, can be a significant investment due to the scalability and size of a database, but the ability to manage data effectively and efficiently is necessary. Sigma Business Solutions makes SAP HANA a reality by reducing the cost of implementation through archiving. SAP Archiving is a proactive solution for reducing the total size of a database, which reduces the overall purchase footprint of SAP HANA. In addition, by reducing the total database size, organizations are better prepared for the road ahead. A customer of Sigma, an integrated generation and energy services company is preparing for HANA. In preparation, they implemented archiving which was able to reduce their database size by 50% and in turn reduce the overall cost of HANA, increase the efficiency of installation and reduced the overall implementation cost. There’s no question, analyses can be performed fastest in main memory, but it is not required. Keeping a HANA database lean, but still providing access is a smart and proactive solution for all organizations.


Who We Are


For over a decade, Sigma Business Solutions has focused on ILM (Information Life Cycle Management) for SAP, specifically Data Archiving. ILM is the management of data and documents from their creation to their destruction while complying with the various rules and regulations for data access and reporting. Effective implementation of an ILM system reduces the Total Cost of Ownership (TCO) and minimizes risk and liability to the organization. With Sigma’s archiving products and solutions, users have seamless and transparent access to archived data while still maintaining performance benchmarks consistent with their production systems.

As the North American premier partner of PBS Software GmbH for over 13 years, Sigma sells and implements the PBS Software Suite, and provides first level support to our customers. With business functional and technical experts, Sigma has the right employees to help your organization obtain their ILM and archiving goals.


To learn more and discover how Sigma can help, please visit http://www.sigma-sbs.com or email info(at)sigma-sbs(dot)com









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Sacto 911: Traffic stop in South Lake Tahoe ends in arrest, sap confiscation - Merced Sun-Star

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According to authorities, a search of John Liska and his vehicle turned up a stolen firearm, ammunition, metal knuckles, an illegal spring-loaded knife and a sap, described by police as a flat, leather covered lead rod





A traffic stop in South Lake Tahoe of a convicted felon from Alaska resulted in his arrest on suspicion of burglary, possession of a sap and other charges.


An officer stopped a vehicle being driven by John Liska, 34, in South Lake Tahoe at 6 p.m.Wednesday. Another officer recognized Liska's name as a suspect in a May vehicle burglary.


In the vehicle burglary, a check was stolen, forged and passed for cash at a South Lake Tahoe bank. Liska was arrested.


According to authorities, a search of Liska and his vehicle turned up a stolen firearm, ammunition, metal knuckles, an illegal spring-loaded knife and a sap, described by police as a flat, leather covered lead rod.


Police said it is against the law to possess a sap in California.







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