The New Media Revolution

With the dawning of the Internet, something happened within media. This was the beginning of technological socialization. Everything began with the desire for information; information about everything. This slowly blossomed into social media, which let’s face it is really information about people.

Now, the Internet as a whole is being taken one step further. It is going beyond merely socializing or information seeking and is becoming something more, much more. Users are driving content in ways never before seen.

This New Media Revolution can best be illustrated by the analogy of a third grade classroom. In third grade there was that old adage, “No question is a stupid question.” But it was third grade, so no one ever raised their hand.

Imagine sitting in that classroom for years and years on end. With the same confusing lessons being taught and those same questions never resolved. At some point, those third grade hands would start to go up. And that is precisely what is happening within media today.

Instead of waiting for the teacher to call on them, these users have begun answering their own questions, for one another. In doing so they themselves have crafted the new, youthful face of media.

This has lead to the transformation in not just one medium but all forms of media. Billboards are being digitally crafted for video games, television programing is being exclusively aired on the Internet, and there is still so much more to come.

“It’s all about on-demand content. Users are screaming for what they want, and other users are listening. All we have to do, as new media companies, is listen too,” said Chief Financial Officer and Co-Founder of Rico Media, Inc. Steven Gonzalez.

And Gonzalez is right. Companies like Digg and Revision3 are listening to users and giving them exactly what they ask for.

Digg is a new media news source that is the latest in online publications. Instead of some grey haired editor deciding what people should know, users “Digg” or vote for article either they submit or find on the Internet, and the articles with the leading votes go to the top for all to see. This set up makes users the sole drivers of content.

Revision3, on the other hand, is a new take on the classic television network. Instead of being aired on any given cable provider, subject to the edits of the Federal Communications Commission, these shows solely broadcast on the Internet. While there is some variation of these internet television websites, the main difference being who can post a show, all bend to the viewer’s whim. Watch what you want, when you want to watch it.

There is an added benefit to the new media revolution, and not just centered around content. Revision3’s Chief Executive Officer Jim Louderback has been quoted as saying the production costs for an internet television show is about 10 percent of what it costs to product a traditional network television show. The significance of this is more than it may appear. For the first time in decades, significant cost or substantial monetary investment is not a barrier to entry in this industry.

Signs of a Decaying Financial Portfolio Management System

Here are the seven signs that will tell you if you have a decaying system and how it must ideally operate:

1. Facing difficulties while managing data due to disparate systems?

Maintaining data in different systems or manually moving move data from one system to another will lead to inconsistency and errors. Is your data quickly identifiable, consistent across multiple systems, complete, accurate, and reconciled among different systems? If your answer is a NO to these questions, you must reevaluate your platform. Your system must be able to eliminate manual data flow, update all the data with a single change, deliver timely and accurate reporting including intra-day, and make data easily traceable.

2. Are your client communications professional?

Investors expect your reporting to be clear, concise, and highly customized to their needs. This statement holds especially true for institutional investors. Organizations that can meet these expectations will have an immense competitive advantage over those that cannot. If your current system does not deliver the level of reporting your clients expect, you will run the risk of falling behind.

Your client expectations are not limited to the form and content of reporting, but also to how you deliver information. They expect instant access to real-time information, be it through a web portal or a mobile platform to stay relevant and highly competitive, your systems must be flexible enough to send and receive communications via any channel of your client’s choosing.

3. Struggling to cope with complex global investments?

Dealing with multiple regional and global investment regulations such as UCITS V and VI, Solvency II, AIFMD, and EMIR is a daunting task. All these regulations require you to maintain reliable, accurate, and transparent data. To comply with these regulations, you need Workflow Management, Data Management, and accurate reporting. Data, managing risk, and maintaining accuracy is critical to comply with regulatory reporting requirements.

With the increase in data sources and data complexities, your organizations need solution providers who can help you manage your data. Your system must not only be scalable but also provide actionable business intelligence in a format that is easily understood.

4. Finding it hard to achieve Integration of disparate systems?

Real integration is not a matter of simply connecting systems – your systems must be able to talk to each other seamlessly. Manually moving data from one system to another affects your efficiency, thereby, increasing the risk of errors. Integrating disparate systems not only reduces these risks but also improves efficiency by ensuring that back office and front office personnel can view transactions, cash positions, and holdings identically. This ensures that the entries are recorded accurately in your Investment Book of Records (IBOR).

Many organizations use multiple systems for accounting, reporting, reconciliation and managing client information. If different vendors have provided these systems, making them talk to each other could be a challenging process. If you have workarounds or portfolios that reside outside of your legacy system, it is time to rethink its usability. Your system must allow centralized and standardized portfolio management activity. In an end-to-end portfolio management solution that is built on open architecture, the work of multiple systems is consolidated into a single platform. Such a solution will allow easy access to third-party systems or any other system that is built in-house, thereby enabling you to reduce technology footprint while driving greater efficiency.

How to Monitor 10G Links Using 1G Tools

While these numbers are relevant to larger businesses and corporations, smaller companies will also soon require such extensive bandwidth to manage daily IT and network operations. In preparation, vendors have begun to drive demand through the use of aggressive marketing and price reductions.

With reduced prices on 10G equipment, many organizations are choosing to upgrade their bandwidth immediately for new technology purchases. After all, why purchase older, slower technology at comparable prices, when your organization can simply begin to prepare for the future now?

THE CHALLENGE: MONITORING 10G Given the current state of the economy, network operations teams are being challenged to do “more with less,” a phrase that has become pervasive enough to take on the look of an industry theme of late. This trend is showing up in 2009 budget estimates, which are expected to fall by an average of 2.5% from 2008 levels, according to Gartner Research. In response, decision makers are forced to more thoroughly evaluate all capital purchase and make hard decisions about canceling / delaying some transactions.

10G projects are not immune to the budget crunch. Although the cost of 10G equipment has come down recently, it is still selling at a premium to 1G tools. At the same time, enterprises are faced with the daunting task of monitoring 10G networks to ensure that their business critical applications are secure and running at acceptable performance.

With the move to 10G, many IT strategists are concerned about whether they will need to upgrade the many different types of network and application monitoring tools that they have already purchased. These business critical tools include: application monitors, intrusion detection systems, compliance tools, data recorders, VOIP monitors, and protocol analyzers. Few organizations have the budget to upgrade some, let alone all of these tools.

THE SOLUTION: TOOL AGGREGATION Imagine a world where you can use your 1G tools to monitor a 10G network. It can be done due to two important enablers:

1. Most tools only need to see a small fraction of the network traffic to do their jobs. In fact, sending more data than is required actually degrades efficiency, because tools cannot keep up.
2. Tool Aggregation, a new industry trend, enables traffic to be filtered and dynamically directed to the correct tools. With this technique, you can increase monitoring coverage and save money.

Tool Aggregation enables traffic to be received at 10G bandwidths and filtered on Layer 2/3/4 criteria. In most cases, traffic from a 10G link can be reduced to 1G or less by filtering out data that a tool does not need to see, so your existing 1G tools can still be used. If the filtered traffic is over 1G, then operators can still use their 1G tools by load balancing the traffic to two 1G tools using Tool Aggregation. With proper filtering, multiple 10G links can be monitored with a single 1G tool in many cases.

So exactly how should traffic be filtered? It depends on the tools you are using, the applications you are monitoring, and your business objectives. For example, a typical application performance monitoring tool only needs to see TCP traffic from the specific application ports that it is monitoring. Likewise most VOIP monitors only need to see certain protocols such as SIP, SCCP, and MGCP. Tools work most efficiently when they are sent only the specific traffic that each tool needs. Only then can 1G tools can be used to monitor 10G links.

IT Services – Today’s Technology

The market flourishes but IT services confer with persist to develop – productized services look situate to form the future. A recent predict shows that expenses on IT consulting is set to develop into an area of increasing purveyor hub and modernization with expenses likely to increase at a rate of 5.4 per cent over the next some years.

Consulting companies have to develop their services to convene the varying necessities of industry. In each market different sectors like website development, website designing, SEO services, e-commerce sites, are under pressurize and facing continuing market qualms and the need to conform with changing command of government regulations.

Business wants stretchy IT solutions:

Falling operational and capital expenditure, justifying possibility of risk and establish IT infrastructures with the aim of improving business hub and become progressively more important to business as financial plan are required to grant faster and greater come back on deal. In every time on-demand business world, the facility to respond with dynamism to prospect is no longer a comfort but an essential obligation. Combine industry system, unexpected customer anxiety and new contender mean compute capital and consultancy that have to be organizing in a stretchy and scalable way.

With the increasing popularity of slighter, specialist independent consultancies is marked as business are concerned to the more stretchy connection with better safety of returns frequently convey by such supplier. Moreover, the larger service source have been assessing for not individual very sovereign.

Incompetent and nonflexible consult agreement will not needs of today’s IT business, and lesser troupe have fictitious a position in the market, by providing stretchy and modified result to business plan objective.

Supporting IT with business is essential for organizations to be successful in today’s business competitive world. Investments must be necessary in terms of improved business presentation that are under rising demands to make certain their conclusion are in the principal of corporate strategy and ethnicity.

Use These Five Tips If Planning to Join MLM Company

Now if you are not sure about whether or not you should join network marketing, I am going to provide you with some factual information so that you can make an informed decision based upon the following relevant information.

When it comes to joining multi level marketing, there is absolutely no question that there are many who have “tried MLM” in the past. The fact is, many more people continue to join this industry, especially now, when so many people are out of work or as a result of the other economic shortcomings.

If you are seriously considering joining this industry, there are some things that you can do to help ensure your own success and I will share those things because I really do want to help you. I have to be honest here…there are many who will shoot down this industry at every given chance. I personally feel that there is so much skepticism in this industry for the simple reason that the majority of the people who become involved in network marketing, do not know HOW to effectively market and then when they fail at their business, they blame the company, often claiming that it is a scam.

The fact is, there really are many legitimate companies out there but if you do not know what you are doing when you sign up, you will likely have more than your share of struggles because you will more than likely, try to market your newly found business to your friends and family.

Before you go ahead and join any company, by all means you should do your due diligence about the company you are considering. First and foremost, you want a company that has a 5-pillar reputation which is the best rating that any MLM company can have. But with that being said, just having a company with a stellar reputation is NOT, I repeat, not going to make you once successful entrepreneur.

When people join my company, I first get them educated about how network marketing has changed and how they can find great success if they just take advantage of the trainings that I offer them which of course is designed to help them attract others to them, instead of them chasing their family and friends around, hoping someone will join them.

You first need to create meaningful relationships with others and provide value to others so that they begin to trust you. Please don’t do what I did when I first got started which was join a company and then try to figure out how to make it work.