Archive for July, 2011

Disney may revise UTV Software delist price

July 29th, 2011

WALT Disney Company’s proposal to delist UTV Software fr om the local bourses at an offer price of Rs 1,000 per share may fail to enthuse investors and the possibility of a revision in the offer price could be in the offing, analysts said.

“While there is the possibility of the offer price being revised upwards and there has been some precedence, we think a meaningful increase is unlikely in this case ­ Disney’s offer is already at 38 per cent, 57 per cent and 71 per cent premium to the average stock prices over the last 3, 6 & 12 months respectively. The stock has increased 37 per cent in the last 3 months given the buzz around potential value unlocking. Given the timelines and post-tax expected return, holders are advised to tender into the offer or sell now (where there may be long-term capital gains tax implications in the tender offer),” an analyst with Citigroup said in its report.

On Tuesday, UTV Software share rose nearly 4 per cent to close at Rs 987.75 on BSE with volumes of nearly 6 lakh shares traded. In the past six trading sessions, the stock has risen 19 per cent, outperforming the benchmark Sensex which fell over 1 per cent during the period.

“The valuations at the delisting price are not build ing in a delisting premium.

UTV is likely to do an EPS of Rs 50 in FY12E, which means that the stock is getting delisted at 20x which is low given the 30 per cent CAGR that the company has seen over the last 5 years” brokerage firm India Infoline said in its report.

Source:http://www.mydigitalfc.com/companies/disney-may-revise-utv-software-delist-price-071

Software helps nab hardened criminals

July 29th, 2011

An employee of a big company was looted at gunpoint in Bhavnagar in February 2010. Five months later, a gang of robbers looted an angadia firm and killed one of the employees near Palanpur. In February this year, a gang was arrested in Kapodara near Surat with a firearm.

The police suspected the same gang was involved in the two incidents, but were not sure. The situation was perplexing as several gang members, who had used a similar modus operandi, were behind bars.

But forensic experts cracked the case and showed that the same gang was at work and had also used the same weapon. The case was recently included in an international publication as a ‘hit.’

For forensic experts dealing with firearms and ballistics, this term means interconnection of several crimes through the same weapon helping nab the culprits.

“We have reported several ‘hits’ earlier with traditional technology involving microscopic examination of the evidence. However, now accurate work is done by Integrated Ballistic Identification System (IBIS). It is among the first cases where a strong database has helped police crack the case,” said J M Vyas, director general of Directorate of Forensic Sciences (DFS).

Explaining the cases, H T Modi, assistant director (ballistics) at DFS, told TOI that the robbers had used 7.65 mm bullets in the two crimes.

“As the grooves were smooth, we could make out that it was a country-made pistol was fired at close range in both the cases. In Bhavnagar, one person was injured, whereas in Palanpur, one man was killed. When the weapon came to us, it was immediately identified as the one used in both crimes,” he said.

This helped police nab more than 10 members of the Bhupat Ahir gang.

Ahir is involved in inter-state crimes and more than 16 robberies in Gujarat, mainly targeting jewellers and diamond traders.

Source:http://timesofindia.indiatimes.com/city/ahmedabad/Software-helps-nab-hardened-criminals/articleshow/9403137.cms

How Software Technologies Impact Job Shops

July 28th, 2011

Job shops are one of the few branches of manufacturing that is likely to keep its production domestic. But that doesn’t mean that job shops don’t have to compete with the rock-bottom labor and prices of foreign competition. As overseas competition continues to put the squeeze on the manufacturing industry, job shops have turned to technology to help stay competitive in a global economy.

A savvy use of technology and a skills advantage are two things that will keep job shops profitable even as the trend of outsourcing continues. At Software Advice, I recently dug into the job shop industry to find out which technologies enhance the skills advantage of job shops the most. I came up with five technologies that I see at the forefront of driving competition: 3D computer-aided design (CAD), laser cutting tools, shop floor software, iPad workforce integration, and outsourced marketing firms.

Here’s a bit of elaboration on three of these:

1. CAD Modeling Programs
The design process can be a sticking point in production. Historically, most shops have relied on outside engineering firms to take care of design and prototyping. Today, however, we’re starting to see the convergence of design and production. Computer-aided design (CAD) has made it possible for these two aspects of manufacturing to exist under a single roof. CAD software automates a significant amount of the design process by preloading templates and snapping contours lines with the click of the mouse. Since the design can be fed into an automated computer-aided manufacturing (CAM) device, CAD also improves the efficiency of production. Once the product is designed, a significant portion of production can be handled by machine with the finishing touches put on by hand. This limits the painstaking process of machine retooling and tool path programming.

2. iPad Software Integration
The iPad is arguably the hottest piece of consumer tech around. In the manufacturing industry, that’s not quite true. However, job shops are starting to come around and adapt the iPad to improve their business processes. The iPad can be a great productivity boon on the shop floor. Consider this: a worker at their station can pull up work orders directly from their table to view instructions on how to complete a project from their iPad. Once the job is done, the labor hours can be logged immediately into the shop’s tracking system, and the next job can be pulled up on the tablet. This creates real-time worker knowledge and timely information for managers.

3. Shop Floor Software
Of course, having the machines do much of the work for you is rather meaningless if your machines aren’t running at an optimal level. If it can’t be measured, it can’t be improved. Shop floor software, such as Exact JobBOSS or Epicor Express, can help improve efficiency in many ways but one of the recent innovations is the ability to track machine efficiency levels. Previously, most machine data was either not recorded at all, or poorly recorded by hand. This effectively created a black hole of machine data. Today, machine monitoring software can track overall equipment effectiveness in real time. This will monitor metrics such as the number of parts the machine produces in an hour, machine availability time, and production control. Having this information at the disposal of the job shop allows for constant minor tweaks to be made to the machines, which can result in major productivity increases.

To see the other technologies that I review in my article, visit the Software Advice blog at: 5 Technologies Driving Job Shop Competitiveness.

Snowbound Software Announces Strong Second Quarter Gains in Imaging Markets

July 28th, 2011

Snowbound Software, the market leader in document viewing and conversion solutions, is pleased to announce the best financial results in the firm’s fifteen-year history. While the company has been in the black since its inception, and always shown strong quarter-to-quarter growth over the years, the first half of 2011 has proven to be a very promising start to what we hope will continue to be an exceptional year.

Second quarter 2011 sales exceeded the previous Q2 record, and 2011 year to date sales figures are better than 10% over last year’s. Snowbound continues to make significant market gains with several product lines including the firm’s VirtualViewer line of document and image viewing applications and RasterMaster Software Development Toolkits (SDKs) that empower organizations to easily and efficiently add document and image viewing and conversion capabilities into their enterprise document management systems.

Snowbound has made great inroads in several key industries with the company’s VirtualViewer AJAX application including financial services, insurance and healthcare – providing customers and OEMs with universal secure access to documents and images via Web browser. AJAX ‘Pure HTML’ technology doesn’t require installation on the client, and therefore customers’ IT departments don’t have to worry about software, browser or OS compatibility.

Snowbound’s AJAX offering is in great demand due to the simplification of client support issues and ‘anywhere’ secure document access, a boon for document-driven private enterprise clients, as well as many government agencies. Providing efficient document viewing and conversion solutions for insurance claims processing, secure patient records viewing and expedited file conversion and processing for the US Treasury and Postal Service are just a few examples of how organizations are leveraging Snowbound’s technology to their best advantage.

“I’m very proud of everyone’s’ efforts here at Snowbound – the team we’ve assembled is second to none, and has proven to not only meet our expectations, but exceed them at every turn,” enthused Simon Wieczner, president of Snowbound Software. “Here’s to the continued success of our customers and partners as well as to our own people throughout 2011 and beyond – thank you all.

Who is Snowbound Software?

You may not realize it, but you probably interact with us several times every day.

We help deliver your mail, process your insurance forms and claims, expedite your banking transactions and even securely distribute your patient information to healthcare professionals.

Since 1996, our offerings have provided the means to keep information flowing smoothly and securely in the digital age. Using our technology helps organizations better organize and utilize their information, to optimize workflow, and best serve their customers and their employees.

Source:http://www.prleap.com/pr/179711/

Top five vendors occupy less than half of security software market: Gartner

July 28th, 2011

Market share of these vendors reduced mainly due to smaller players venturing into innovative offerings

The combined market share in the world wide security software market for the top five vendors – Symantec, McAfee, Trend Micro, IBM and CA – has dropped to 44% in 2010 from 60% in 2006, according to IT research firm Gartner.

In 2010, Symantec led the $16.5bn market with a share of 18.9%, followed by McAfee with 10.4%, Trend Micro 6.3%, IBM 4.9% and CA with 3.8%.

The share of Symantec has come down nearly by half in 2010 compared to 2006, while other four saw a marginal decline in the share.

Gartner principal research analyst Ruggero Contu said the information security market is in a continuous state of consolidation, but even fairly intense merger and acquisition (M&A) activity has not stopped the market from being very fragmented.

Gartner said that while M&A activity been a constant factor, the market is far from reaching a consolidated status, i.e. in which more than 60-70% of the market is owned by the top five vendors.

The main reason for this trend is that established leaders are losing market share to smaller players, many of which were start-ups that developed new offerings to meet newly introduced threats and vulnerabilities, or they implemented a successful go-to-market strategy, built themselves a niche presence and gradually took market share away from incumbent vendors.

“We expect more consolidation to take place place, along with innovations being introduced by new additions to the market,” Contu said.

“The security market continues to provide good growth opportunities for both established players and start-up companies, and the market landscape remains fairly dynamic with many competitors.”

Source:http://security.cbronline.com/news/top-five-vendors-occupy-less-than-half-of-security-software-market-gartner-280711

How Design Software Will Shape Manufacturing’s Future

July 28th, 2011

Autodesk, a multinational software company based in San Rafael, California, makes 3-D design software used by everyone from automotive manufacturing giants to Hollywood studios. Now it is betting that those digital tools will have an increasingly powerful role in what happens on factory floors, enabling manufacturers to embrace more flexible strategies that deliver more customized products.

Buzz Kross, who heads the company’s manufacturing industry group, says the manufacturers he works with see an opportunity in new technology at a time when they sense that the boom in outsourcing to China has run its course. “There have always been companies that differentiate based on their ability to manufacture most efficiently, and others based on design and invention—it’s the difference between GM and Tesla,” says Kross. “Now a lot of manufacturers are leaning more to the design model.”

Kross says that rising costs in China’s maturing economy and high-profile problems with out-sourced components, like those that plagued Boeing’s 787, are making the model of high-volume, low-cost outsourced production less economically attractive. The result is that a wider range of companies are considering adopting a more flexible, premium approach to manufacturing that has previously been limited to a relatively small niche. Kross is trying to help that trend along with software such as Inventor, which provides a way to digitally prototype and test mechanical designs, and Streamline, which enables engineers, designers, and managers to collaborate on a design. Both are intended to speed the journey from digital drawing board to factory floor.

“You don’t need to center everything on making millions of the same thing at the absolute cheapest price anymore,” says Kross. He cites the growing popularity of a model known as ETO (engineer to order), in which businesses buying from manufacturers order by referring to a list of general rules, not a catalogue and price list. For each order, a manufacturer makes and assembles a product very specific to the customer’s needs. That approach also cuts costs, because raw materials and parts don’t have to be held in stock; rather, they can be purchased to match the latest order. And the customized products can command a higher price than a conventionally made one, Kross says: “These companies capture a larger share of the customer’s wallet this way.”

That style of manufacturing makes the design process—and design software—much more central. Kross says that 3-D printing technology will blur the line between design and manufacturing still further.

“Everybody’s already embracing it for prototyping,” says Kross. “You can already print moving components and subassemblies that don’t need any assembly. That’s incredibly useful, whether you make pumps or power trains or chairs.” Nike, an Autodesk customer, prototypes shoes by using a printer to squirt out materials that have more or less compressibility, depending on how bouncy and flexible each part of the sole is meant to be.

The next step is for 3-D printing to become a manufacturing method rather than solely a prototyping tool, says Kross. Small companies are already trying this, but it won’t be long before large manufacturers follow suit. “Think about when you buy a Dell computer and they let you choose all the different components,” Kroll says. “3-D printing for manufacturing will allow you to have that, but with nearly infinite options.”

This process may cost manufacturers more than production at a more conventional or offshore factory. But as with the ETO approach, more customized products fetch higher prices, says Kroll. Jewelry, furniture, and consumer electronics are all areas that could benefit from the new techniques, he says. “People don’t like it when they have the same thing as everything else and will pay more to get exactly what they choose.”

Source:http://www.technologyreview.in/business/37951/

TCS and CAST Take Software Quality to the Next Level

July 28th, 2011

CAST, Inc., the worldwide leader in Software Analysis & Measurement, and Tata Consultancy Services (TCS) (bse:523540) (nse:TCS), a leading IT services, consulting and business solutions firm, announced today a strategic partnership to offer TCS’ enterprise IT clients the Software Quality Guardian(R) service powered by CAST Application Intelligence Platform(R) (AIP).
Providing the service for complex mission-critical business applications, TCS consultants will automatically analyze and measure the essential structural quality attributes (reliability, security, performance, and maintainability) of client applications, whether developed by TCS or by other vendors, via the embedded CAST AIP. The service will aim to reduce the risk of high impact business disruptions due to corrupted data, application outages, security breaches and performance problems.
“TCS is proud to offer innovative solutions that will have a significant impact on our clients’ business,” said Siva Ganesan, head of TCS Assurance Services Unit (ASU). “We have identified Software Analysis and Measurement as a new market that will become increasingly crucial for mission-critical business applications, and CAST as the leading technology provider in this space. TCS ASU is now heavily promoting its Software Quality Guardian(R) to its customers and prospects.”
“CAST is excited to partner with TCS, a world-class systems integrator and IT consulting services firm, to extend our scalability and penetration within the Global 2000,” said Vincent Delaroche, CEO of CAST. “The strategic partnership with TCS reinforces CAST’s proven technology and leadership in the growing market to automate Software Analysis and Measurement.”
About CAST: CAST is a pioneer and world leader in Software Analysis and Measurement, with unique technology resulting from more than $90 million in R&D investment. CAST introduces fact-based transparency into application development and sourcing to transform it into a management discipline. More than 250 companies across all industry sectors and geographies rely on CAST to prevent business disruption while reducing hard IT costs. CAST is an integral part of software delivery and maintenance at the world’s leading IT service providers. Founded in 1990, CAST is listed on NYSE-Euronext /quotes/zigman/202880 FR:CAS -0.58% and serves IT intensive enterprises worldwide with a network of offices in North America, Europe and India. For more information, visit www.castsoftware.com .
About TCS: Tata Consultancy Services is an IT services, consulting and business solutions organisation that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model (GNDM(TM)), recognised as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 198,500 of the world’s best-trained consultants in 42 countries. The company generated consolidated revenues of US $8.2 billion for year ended March 31, 2011 and is listed on the National Stock Exchange and Bombay Stock Exchange in India.

Source:http://www.marketwatch.com/story/tcs-and-cast-take-software-quality-to-the-next-level-2011-07-27?reflink=MW_news_stmp

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