Archive for November, 2011

Could investment in accounting software help smaller firms win large contracts?

November 29th, 2011

Small and medium-sized auditing firms may wish to consider an investment in accounting software, should they hold ambitions of ever securing the industry’s largest contracts.

Leaders of several mid-sized companies in the field have spoken to the Financial Times about the need for reform.

They have urged European Union internal market commissioner Michel Barnier to go through with plans to force huge organisations to share accounting work with smaller rivals.

Currently, the majority of larger audits are completed by the “big four” – KPMG, PricewaterhouseCoopers, Deloitte and Ernst & Young.

Jean Stephens, chief executive of RSM International, said it is vital that proposals to spread the workload are not “watered down” and that Mr Barnier sticks to his initial brief.

Michael Andrew, chairman of KPMG, speaking at the Foreign Correspondents’ Club in Hong Kong, last week suggested there are ten steps that can help the accounting sector get back on track following the Olympus fraud scandal.

Source:http://www.codestone.net/news/story/could-investment-in-accounting-software-help-smaller-firms-win-large-contra/801222728/

Teseda software tools aid silicon failure analysis

November 29th, 2011

The Broken Chain Analyzer, Diagnostic Manager NetXY, and DC Field Triage Package from Teseda aim to reduce root-cause resolution and improve RMA (return material authorization) cycle time. The software tools work with Teseda’s V550 and V520 silicon-debug and failure-analysis test systems, as well the company’s Workbench silicon-debug environment.

At line widths of 65 nm and below, scan-chain related issues amount to greater than 30% of overall scan failures. The Broken Chain Analyzer uses existing DFT-based tests to automatically analyze captured tester fail logs and detect all common causes of scan-chain failures-both hard and soft-down to the failing bit location.

The Diagnostic Manager NetXY maps device failures from logical to physical net location in a design to shorten determination of root cause. This latest release includes logic cone and physical scan-chain tracing to address EDA-vendor-independent failure diagnosis.

Automated screening tools included in the DC Field Triage Package target DC-related device failures. The toolset puts device-failure triage into the design and field-support centers, enabling timely and detailed responses to customers’ quality concerns. Since first-level field screening is done in the field, factory failure analysis tasks are offloaded by as much as 40%.

Prices for the Broken Chain Analyzer and Diagnostic Manager NetXY start at $40,000 each. The DC Field Triage Package costs $23,000 for either the V550 or V520.

Source:http://www.tmworld.com/article/520126-Teseda_software_tools_aid_silicon_failure_analysis.php

Children to be taught to create software

November 29th, 2011

In response to a report on the video games industry, the coalition admitted that current technology education was “insufficiently rigorous”.
The “Next Gen” report, published earlier this year, found that pupils should be taught computer science and how to write software code, rather than just how to use existing software, as is often the case today.

“The Government recognises that learning the skills to use ICT [Information and Communications Technology] effectively and acquiring the knowledge of the underpinning computer science are two different (albeit complementary) subjects,” the Department of Culture Media and Sport said today.
“Furthermore, the Government recognises that the current ICT programme is insufficiently rigorous and in need of reform.”
An ongoing review of the National Curriculum is considering whether ICT should be a discrete subject in schools.

“As part of that process the review will consider the teaching of computer science within ICT,” the Government said.
“The Government recognises that, in the event of ICT not remaining part of the National Curriculum, attention would still need to be given to ensure children could acquire computer science skills.”

It follows criticism of the education system by technology giants including Google and Microsoft. Earlier this year, Eric Schmidt, Google’s executive chairman, gave a major speech in which he condemned the technology curriculum in British schools.

“Your IT curriculum focuses on teaching how to use software, but gives no insight into how it’s made,” he said.

“That is just throwing away your great computing heritage.”

Ian Livingstone, the life president of the video games firm Eidos and an author of the “Next Gen” report said he was “hopeful that there has been a realisation that it [computer science] is essential knowledge for the 21st century”.

“It’s no coincidence that Mark Zuckerberg, the founder of Facebook, was taught computer science at school, a subject which gave him practical skills and provided the intellectual underpinnings of his business,” he wrote in a newspaper article today.

“Faced with a world in which they will be surrounded by computers and the opportunities they create, Britain’s schoolchildren deserve the same chance to succeed.”

Nigeria: Govt Promises to Develop Local Software Sector

November 28th, 2011

Minister of Communications and Technology, Mrs. Omobola Johnson said at a stakeholders’ Workshop on Review of the Draft National Software Policy in Lagos, that one of the primary mandates of her ministry was to develop the software sector.

Working with National Information Technology Development Agency (NITDA) as a main leader in the sector, she said a lot would be achieved in the industry in the next five years.

The minister who was represented at the forum by her Special Adviser on ICT, Mr. Ola Ogunneye disclosed that the software policy idea came up when NITDA inaugurated a body in 2010, adding that when the ministry of Communications Technology was created about four months ago, the first thing that they looked at was policy instrument and a committee was put together to harmonize policy which led to a robust ICT policy which include software policy.

She explained that several young people were interested in software development but there was no enabling environment, and stated that NITDA would provide the enabling environment for them with the software policy.

The Director General and Chief Executive Officer, NITDA, Prof. Cleopas Angaye said the aim of the policy was to come out with initiatives that can strengthening the development and give young developers some guidance, financial assistance and in other areas where they could be assisted. He expressed hope that when it is properly documented in nine months’ time, there would be a real revolution of software development in the country.

Source:http://allafrica.com/stories/201111280716.html

Liverpool Software City heads to London

November 28th, 2011

Liverpool’S digital sector will be under the spotlight in London tomorrow as Software City International heads to the capital.

The event, a sister to Liverpool Software City, will promote Liverpool’s digital and creative sectors to potential investors in the capital.

The keynote speaker at the Liverpool mission in London will be technology entrepreneur Steve Purdham, chief executive of music streaming service We7.

Sponsors include Bank of America, Merrill Lynch, Grant Thornton and the IBM Global Entrepreneur Programme.

The panel to which companies will pitch is set to include the Government’s digital champion, Martha Lane Fox.

Steve Smith, IT industry director at regeneration agency Liverpool Vision, said: “Software City connects the hottest prospects with the highest calibre investors.

“Some of the biggest global names in technology and finance are backing what promises to be a packed programme of pitching and networking.”

Source:http://www.liverpooldailypost.co.uk/ldpbusiness/business-local/2011/11/28/liverpool-software-city-heads-to-london-92534-29851921/

Allied Irish Banks settles over ‘problematic’ Oracle software system

November 28th, 2011

Allied Irish Banks (AIB) has reached a settlement with Oracle in a €84 million case over the implementation of a software system that the bank claimed was “beset with serious technical problems”.
Details of the settlement were not disclosed.

In its court action against Oracle, AIB had alleged it had “wasted” money on the implementation of Oracle’s Flexcube retail banking software system in 2007.

It claimed that the system was so problematic that it has since returned to using its existing retail banking system.

Just 3,000 customers, out of an expected five million, had been moved onto the new platform between 2007 and March 2010, which was when AIB decided to stop working on the implementation.

AIB also rejected Oracle’s offer of an alternative product, describing it as “wholly unsuitable”.

The bank said Oracle had notified it of plans to discontinue development of the Flexcube software on IBM’s z/DB2 platform for all western banks, apart from AIB, in March 2010.

AIB said it could not accept the plan because Oracle had promised to share the costs of upgrades with other banks, which would no longer be possible.

Oracle declined to comment on the settlement.

Source:http://www.techcentral.ie/article.aspx?id=17863

Yandex Acquires Mobile Developer SPB Software

November 28th, 2011

Yandex YNDX -1.50% announced the acquisition of SPB Software, a leading developer of mobile software with offices in Russia, Taiwan, and Thailand. SPB offers a full suite of mobile solutions including a mobile user interface engine for smartphones and tablets.

With this acquisition, Yandex will start offering a key component for mobile platforms – a user interface configured to integrate the company’s key services. This move boosts Yandex’s opportunities to partner with the players in the mobile eco-system.

SPB Shell 3D, developed by SPB Software, will be enhanced to integrate Yandex’s cloud services and technologies. In addition, users will have easy access to the company’s services including its search capabilities featured on a wide variety of mobile devices.

“Mobile is a vital part of our growth strategy. The acquisition of SPB Software creates new market potential for us and a plethora of possibilities for innovative solutions for our partners,” said Yandex’s CEO Arkady Volozh. “SPB Shell 3D is an ideal foundation on which to build up our mobile opportunity.”

“SPB Software is excited to join Yandex,” said Sebastian-Justus Schmidt, CEO of SPB Software. “This allows us to unite efforts in developing and marketing new cutting-edge mobile solutions. SPB Software will continue its mission to produce innovative mobile products of the highest quality.”

Source:http://www.marketwatch.com/story/yandex-acquires-mobile-developer-spb-software-2011-11-28

Get Adobe Flash playerPlugin by wpburn.com wordpress themes