Author: gaia

Advantages of BI & Analytics (Rank Princess – SEO)

Business Intelligence and Analytics have made business management easy as pie. From data management in banking to Pharma analytics companies, BI & Analytics have become the need of the hour. Being always accurate as well as precise in banking and financial services management, BI & Analytics have made data management quite simple. With methods to predict future statistics, BI & Analytics services have made the task of planning effortless.

With many organisations asking “Do we need BI & Analytics?”, let’s understand few benefits that it offers:

Single Network

BI & Analytics services have made it possible for executives to get their hands on real-time data anytime and anywhere. The data is stored in a single network intranet that can be accessed from mobile phones, tablets and laptops with the only requirement being an active internet connection. The files can be edited over dashboards and drives, with the help of BI & Analytics, which allows file access at all places.

Precise and Accurate

With BI analytics, it is quite easy to forecast data, draw inferences and make plans accordingly. That’s because the data at hand is precise and accurate with zero chance of error. BI & Analytics make calculations based on the available data and help in data management as well as operations.

Consumer Insight

BI & analytics services allow the management to gain insights about customer preferences. Based on their buying patterns a picture is drawn as to what the client likes (or dislikes). It’s a great way to manage customer wants and requirements.

Inventory Management

Based on customer preferences, the stockists can help in managing SKUs (Stock Keeping Units) at various geographical locations. With the help of BI analytics, data management in banking, as well as pharma analytics, companies can manage their stocks based on which market requires the product, and which one doesn’t.

Operation Management

Banking and financial services management is made quite efficient with the help of operations management by BI analytics. All operations are streamlined seamlessly in an organised manner that makes management of data quick and hassle-free.

Planning and Control

Pharma analytics companies make it easy to manage data and to forecast the company’s future. The predictions help in planning strategies, formulating policies as well as in controlling the resources of the organisation. It’s because of BI & Analytics that data management in banking, pharma analytics, hospitality and other such industries becomes fast as well as uncomplicated.

The Conclusion

BI & Analytics help in data management in banking, hospitality, pharma and other sectors to effortlessly manage these industries. It’s because of banking and financial service management that the backbone of the industry stays intact and stable. From inventory management to consumer behaviour insights, BI analytics help the organisations in maintaining high profits. It’s because of BI & analytics services that the top management can concentrate on the “Big Decisions” and delegate the day-to-day chores to analytics companies. Such services are easily available at pharma analytics companies and BI analytics service providers.

Keywords

bi & analytics, data management in banking, bi & analytics services, bi analytics, banking and financial services management, data management in banking, data management in banking, Pharma analytics company

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

Capital Market – Are Analysts Bearish Or Bullish For 2017? (Rank Princess – SEO)

The bull market for stocks, which began in March 2009, should persist for at least another year. That is the belief of most financial market professionals involved in the latest surveys.

Here are some other opinions and predictions:

  • Growth stocks will be favored by value actions.
  • It is believed that international and US stocks have fairly similar prospects in the next 12 months.
  • Many believe that the Federal Reserve will elevate interest rates in June, while a smaller number believe the central bank will linger till a later time.
  • The yield on the 10-year Treasury bond is lower than expected, at just over 2{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}.
  • There are high concerns about another drop in the market.

The Details

Positive but Modest Returns

As the year 2016 began, the stock market was on a downward slide. But key averages have stabilized since then and have moved higher. On an average, there is a 12-month forecast for the Standard & Poor’s 500 Index (S & P 500), in 2049. The median, or half, is higher at 2125, which translates into a gain of 4{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} from the period in which the survey was conducted.

Sam Stovall, a US strategist at S & P Global Market Intelligence, says: “The continued erosion of the 2016 (earnings per share) projections, in addition to rising inflation, represent potential barriers to action.”

Keep Your Belt Attached

Even if the path to stocks is on higher ground, experts suggest that there could be more volatility ahead. Almost half of them, or 46{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}, said that they had not seen this year’s low for the S & P 500. Of these, a 12{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} to 31{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} drop was predicted. The benchmark index was set at 2040 when the survey was completed. However, it must be kept in mind that 54{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of panelists say that the S & P downturn for the year has already been seen.

Bear Market Ahead?

The average came down from 44{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} to 40{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} when inquired about the chances of a bear market in stocks for the coming year or so. That is a 4{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} decrease from when the question was asked in the first quarter of 2016.

“I think the odds are not conducive to a bear market, but weakness in corporate profits is one of the main reasons,” says Chuck Carlson, CEO of Horizon Investment Services.

The president of Envision Capital Management in Los Angeles, Marilyn Cohen, believes stocks are moving in a bear market. “There is hardly any first-rate revenue growth. Businesses cannot grow if all they do is take the excess cash, borrow in the bond market and repurchase shares,” says Cohen.

The World Is Flat

There is a big change from the previous quarterly survey when experts thought that the outlook was the best for the US market. Now, 39{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} think the United States is the place to be, while39{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} prefer international stocks over the next year.

Michael K. Farr, president of Farr, Miller and Washington, says: “While we are of the belief that the rate of economic development will be reticent in the United States, we believe it builds up well against most other countries.”

The remaining 22{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} say that the returns will be approximately the same over the next year.

LSI Keywords

bear market, stock market, financial market

 

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

Capital Market: Are Analysts Bearish or Bullish For 2017? (Rank Princess – SEO)

The year 2016 saw S&P 500 boosted with annual returns in double digits, since then all of Wall Street experts are sliding towards the animal spirit of the bear for the year 2017 more than they have been since the year 2005.

Bespoke Investment Group is one of the popular investment firms since their launch in 2007. They have predicted a good five percent in gain for this year, which is double since 2005.

Predictions for 2017

This bearishness of the market has investors feeling great about their prospects this year.DubravkoLakos-Bujas of JPMorgan lends his two cents and anticipates S&P 500 predictions 2017 to rise about 2,400 (2-3{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}) by the end of this year. He said that under the Trump administration, with the tax reform, deregulation and fiscal spending the market is rising higher. However, USD and rising yields are the hurdles for an expanding equity and profitability.

The bullish loyalists are, however, brilliantly positive that Trump’s economic policies, especially with the tax cuts, are going to increase the profits from stocks yielding higher returns.

Another reputed analyst Jonathan Golub of the RBC is confident of a 10{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} in S&P 500 gains this year. He predicts that the multiples will escalate quicker than the earnings this term. He warns though that analysts must wait till Trump policies offer clarity before they estimate.

Market scenario often ends the way they start comments Bespoke. A bullish market will end rather bullish and not bearish as conceived famously. The firm remembers the 2008 S&P 500 plunge due to the housing mayhem.

An all-time favorite, Goldman Sachs 2017 forecast is affirmative that the market will lean towards being bearish and does not think that the Trump led administration will deliver and that S&P 500 will steer towards 2400 this year. They are focused on the constraints in the recent budget that directly affects the fiscal spending rather than just relying on the tax cuts.

What 2017 Has in Store?

Analysts not only use numbers but also relate the history of the market trends before revealing predictions. Many investment firms agree that investors should be cautious this year as this market is not looking like the best of all time. They are apprehensive about this bull market and advice clarity before investing.

Bespoke analyzed the last eight years of the bull market that had given glorious gains during all of that period before they released their current technical analysis of the S&P 500, and are hopeful that this year will follow suit.

Final Word

Doug Ramsey, CIO of the Leuthold Group, began this year feeling the market to be bearish when the US stocks took a plunge of more than 20 percent. Since he witnessed the strong rebound bringing returns, he seems optimistic about this bull market.

This year’s market has been especially challenging with the fluctuating economic reforms around the world and local instabilities and the lack of clarity. This bullish scenario has been hugely underestimated which is evident following last week’s gains. For now, the investors are happy and are confident for the future.

LSI Keywords

Goldman Sachs 2017 forecast

S&P 500 predictions 2017

current technical analysis of the S&P 500

bullish market

fiscal spending

profitability

higher returns

tax cuts

 

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

Role of Native Languages- Shaping a Better Future (Rank Princess – SEO)

We are living in the age of digital media. Obtaining new information instantaneously using the internet is preferred instead of scanning books and newspapers, especially for news, weather reports and new policies that are brought forth by the government. Most of the platforms on the Internet make use of Latin-based languages, mostly English. Only 10{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of India’s population, i.e., 125 million people, speak English. It’s time we realize that language pervades social life. Depriving anyone of these facilities because of their inability to comprehend a language is extremely unjust.

Global Perspective

English becoming one of the most widely spoken languages in the world, was a result of colonization. Many countries like China, Japan, Germany, France, Russia and many South American countries fiercely protect their native languages. For instance, the Chinese take pride in their language. Since it is devilishly difficult to learn, they consider it to be the most refined and cultivated language. Due to this, they have always honored their culture and the aristocratic lineage. Today China’s GDP is worth 10.87 trillion USD, only a little behind the USA.

Changes Required

India has a population of 1.3 billion out of which there are 1 billion mobile phone subscribers which makes us one of the largest markets in the world. The number of users of smartphones has crossed over 300 million till now and shall reach beyond 450 million (approx.) by 2020. However, a large part of the Indian population still comes from small towns and cities and rural areas where basic or feature phones are used by the majority comprising approximately 59{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the overall market. The Indian script is a tad difficult to implement on the web media due to its intricate writing style. Hence, web architects are not too keen when it comes to developing such keyboards. Even if they do, the quality is not very impressive.

Digital India

Internet usage in India rose from 27{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} in 2015 to 34.8{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} in 2016. In countries like the USA, Germany, France, UK and Canada this percentage has reached 80{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}. E-commerce, healthcare, banking, logistics, and the other sectors are thriving in metropolitan cities due to the digital India movement. But sadly, not everyone is benefiting from it. In India, people use at least 22 languages on a daily basis. Since the Government of India has understood the power of digital media and is keen to incorporate it throughout the country, it has come up with the Digital India movement. It has become mandatory for mobile developers to make devices and software that support the local languages. Under such initiative, the Union government aims at accomplishing:

  • The creation of digital infrastructure
  • Delivery of services digitally
  • Digital literacy

Reverie Language Technologies

Reverie is a company providing a great solution to the problems mentioned above. In 2011 Qualcomm, one of the largest chip manufacturers of cellular phones bought solutions in font by Reverie for two languages — Arabic and Hindi for devices powered by Qualcomm. These fonts were specially designed for mobile devices to deliver:

  • Clarity
  • Legibility
  • High level of aesthetics for complex scripts
  • Rich user experience

Major advancements

With Reverie’s expertise and experience in handling complex Indian scripts, they provide the best fonts and display solutions in the industry, making the Smartphones and Feature phones more functional. Reverie’s own Indic Keyboard Swalekh Flip won the title of Best Utility App in the 2016 Silicon Valley’s Business App Awards.

LSI keywords and important links

  1. Reverie language technologies
  2. Reverie’s Indic keyboards
  3. Digital India Movement
  4. Digital infrastructure
  5. Smartphones
  6. User interaction
  7. Legibility of Indian script
  8. Clarity

 

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

The Importance of Indigenous Languages in Good Governance (Rank Princess – SEO)

We all know how important languages become in a multi-cultural, multi-lingual, and multi-ethnic country like India. They not only help us gain a sense of community but also aid in the smooth functioning of the government.

In fact, a lot of state governments leverage their politics by establishing a connect with the citizens using local languages. As long as it doesn’t border on favoritism, it is true that local languages can enable the government to become more citizen-centric and transparent.

Going multi-lingual digitally

The fact that our country boasts of 22 official languages at the state level underlines our dependency on indigenous languages and our inability to function in a single language.

To that end, availability of online content in Indic languages has also become crucial. With mobile phones and theInternet having become accessible to the lower strata of the society, it is important that they too have a means of communication congruent to their language.

With the government spearheading the way by incorporating local languages in SMS alerts, e-governance mobile applications, and websites, other sectors like e-commerce, banking, and healthcare are slowly following suit in adopting and making Indic languages native in their services.

Language solutions for the masses

In the light of growing internet penetration, from 27{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} in 2015 to 34.8{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} in 2016, online businesses have become aware and are trying to cater to the masses instead of only English-speaking consumers. Even tech giants like Google and Microsoft are trying to assimilate local Indian languages in their products and services.

Similarly, a plethora of Indian platforms like ReverieInc.com are also working towards creating language equality on the internet, so that the government can ensure better dissemination of information among citizens.

Such digital technologies enable language localization of customer-facing internet businesses, e-governance portals, and mobile apps. Their cloud solutions integrate with websites and apps to provide users with content in their preferred language in real-time. They are effectively bridging the language divide in the digital world.

Language directly proportional to governance

In Karnataka, all government offices operate in Kannada, which means all notice boards, paperwork, and RTI replies are in Kannada. This kind of staunch implementation makes it easy for native, non-English speaking, Kannadiga residents to access government offices. They can talk clearly with the officials, use their services accurately, and indulge in constructive grievance-redressal.

Following the example of China

On a global scale, a perfect example of the relation between language and governance is China. Their love for Chinese, the most popular dialect of Mandarin, is so profound and solid that it has not only had a social impact, but also an economic impact. Their huge political standing worldwide relies heavily on their refusal to bend down to the biased global standards of languages.

Out of a total literate user base of 700 million in India, less than a 100 million people know English. This means, to make the entire country digitally inclusive, all online content and services need to be available in at least the 12 most spoken Indian languages apart from English. To put that in perspective, currently the web space comprises of a total of 0.01{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of Indian language content as compared to 57{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} content in English.

In conclusion

To obtain an optimum amount of connection with the citizens, the government—with the help of language solution providers, needs to move beyond English and delve deeper into Indic languages.

Reference links:

http://reverieinc.com/need-know-today-indic-website-search/

http://reverieinc.com/indian-hyperlocal-industry-really-hyper-local/

http://reverieinc.com/about/

http://www.business-standard.com/article/technology/digital-india-gets-local-language-booster-116092400708_1.html

http://www.thehindu.com/news/cities/bangalore/the-many-tongues-of-bengaluru/article7568755.ece

http://theconversation.com/action-needed-to-help-preserve-indigenous-languages-9631

http://www.hindustantimes.com/delhi-news/high-court-allows-lawyer-to-argue-case-in-hindi/story-Y3HihUaVKaWBM7bP6tYEWL.html

https://www.google.co.in/search?q=12+major+indian+languages&oq=12+major+indian+languages&aqs=chrome..69i57.4179j0j1&sourceid=chrome&ie=UTF-8

https://www.quora.com/What-are-the-official-languages-of-India

LSI keywords:

Indigenous languages, multi-lingual country, use of local languages, multi-lingual digitally, 22 official languages, a single language, online content in Indic languages, means of communication, English-speaking consumers, language solutions, local Indian languages, language equality, language localization, language divide, language and governance, biased global standards of languages, 12 most spoken Indian languages, language solution providers

 

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

Unity in diversity: An all-inclusive growth strategy (Rank Princess – SEO)

India is changing, and fast. Prime Minister, Narendra Modi, is a visionary and his attempts to weave together the fabric of technology with governance, and public services are commendable. His Digital India initiative and E-governance projects aim to empower the people to become active partners in the growth process. Access to governance, in his opinion, should be transparent, deliver accountability and provide results and outcomes.

A Digital India

In 2017, the number of smartphone users has reached a staggering figure of 340 million! This number is likely to reach 460 million by 2021. An IAMAI report concluded that the urban population has 60{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} internet penetration with almost 450 million Internet users as of this June. The rural population has an additional potential of 750 million users which will be utilizedwith time.

The Internet and E-governance

Without a doubt, the Internet and smartphones are going to be the bedrock of PM Modi’s Digital India initiative. These outlets are the primary source of information dissemination and through them, services can and will be provided. Gyandoot project in Madhya Pradesh, project FRIENDS in Kerala, e-Procurement project in Andhra Pradesh and Khajane project in Karnataka are some of the examples of initiatives taken up by the government that rely intensively on the internet and the use of phones and smartphones.

Language, An Obvious Barrier

India is a diverse nation. We have 22 official languages, and 1,652 languages have been identified to be spoken across the nation. The aforementioned initiatives by the government were chosen to convey the diversity of states in which they were launched, to bring forth the importance of local languages as a barrier to the said progress.

The Importance of Multilingual Platforms

Currently, the Internet and governance are primarily done in English, a language that is only spoken by 30{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the population. Sahit Aula, in an article published in Forbes, delineates the barriers that a majority of the Indian population faces due to their lack of fluency in English. Socio-economic impacts of this are devastating. A digital India will only give rise to a divide, and the original aim of e-governance, which is to promote all-inclusive growth will lay to waste. After all, what benefit are accountability and transparency if it isn’t understood by the majority of the population?

The Chinese example

Although in China several dialects are spoken, the official language, which is popularly used, is Mandarin.  This ensures that the benefit of all services by the government is communicated to all its citizens. Important public notices are effectively communicated, and the overall well-being of the population is ensured. The Chinese export-led growth model is an epitome of unprecedented growth.Having a standard language understood by all greatly helped in realizing the benefits and incentives offered by the government.

The Solution for India

Our strength lies in our diversity. It is absurd to imagine an enforced common language in India. The notion is impractical and unrealistic. However, several public and private initiatives are underway to tackle the problem of many languages.

The Technology For Indian Development program has been launched by DIT with the vision of evolving the masses into a knowledge society. Several tools have been developed to facilitate human-machine learning, to consolidate technology for Indian languages and to promote the use of information processing tools for language studies and research.

Even in the private sector, companies like Reverie.inc are developing language solutions that allow digital platforms to be available through multilingual processes. Translators and transliteration tools developed by them are actively promoting multilingual governance.

A Promising Future

Initiatives launched by the Indian Prime Minister make our future look bright. India is to experience growth like never before; the world knows this. However, for the benefits of the growth to reach every citizen, a multilingual approach is necessary. Only when all of India understands the message, will it grow. Our greatest strength is our diversity, but only if it is promoted through unity. Language can be a barrier or a tool, let’s use it as a tool.

References

http://www.insightsonindia.com/2014/11/23/e-governance-india-concept-initiatives-issues/

http://www.digitalindia.gov.in/content/e-governance-{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}E2{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}80{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}93-reforming-government-through-technology

http://www.digitalindia.gov.in/content/information-all

http://www.digitalindia.gov.in/content/ekranti

https://india.gov.in/e-governance

http://www.livemint.com/Industry/QWzIOYEsfQJknXhC3HiuVI/Number-of-Internet-users-in-India-could-cross-450-million-by.html

https://www.statista.com/statistics/467163/forecast-of-smartphone-users-in-india/

https://www.forbes.com/sites/realspin/2014/11/06/the-problem-with-the-english-language-in-india/#3c6312ed403e

https://www.quora.com/How-many-languages-are-spoken-in-India

LSIkeywords

e-governance in India, e-governance initiatives by India, the number of languages in India, language as a barrier to e-governance, advantages and disadvantages of e-governance, types of e-governance, digital India, advantages of digital India, languages and digital India, digital India platform.

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

6 Reasons To Ditch The Excel Spreadsheet (Content Princess – SEO)

Hailing from the mid-1980’s, Excel has had its heydays. Now it’s time to shut down and put the spreadsheet to rest.

Managing contacts effectively is an essential part of running your company well. These days there is much more information to one contact than simply a name and address. One client alone may have an email, a cell phone number, a landline number, a website, and multiple social media pages.

A survey by Daptiv showed that 76{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of IT companies still rely on spreadsheets. It also showed that spreadsheets are only useful for smaller amounts of data.

Excel was great at its peak. We’ve learned from it. Here are 6 reasons why it’s time to ditch the outdated software known as an Excel spreadsheet.

  1. It’s Not Secure

As per Forrester Research, almost 81{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of businesses make use of Excel spreadsheets for data management. Excel doesn’t track users and is, therefore, open to being misused. Someone can easily log-in, incognito, and change or send data. An opportunist can easily commit a fraud.

  1. Outdated for Millennials

Chris Pope, senior director of strategy at technology services company ServiceNow, says that Millennials, who have grown up online, lack the knowledge of programmes such as Excel and are discombobulated by spreadsheet software.

This generation is used to doing work quickly, at the touch of a finger. Their usage of spreadsheets is going down year on year.

  1. Doesn’t work well on mobile devices

The spreadsheet was designed when work done with old fashioned pen and paper was instead to be done on a PC. Now, the PCs are looking old fashioned as more of our business and online work is done on tablets and cell phones.

Have you ever looked at spreadsheet data on your phone and thought “hey, this is easy to read!” Yep, thought not.

  1. Error ErrorError

A 2013 Market Watch reports claims that up to 88{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of spreadsheets have errors. That’s a huge percentage of potentially incorrect contact data.

Why is this? Well, it could be down to the fact most spreadsheets have their data entered by humans. And, yep, we get stuff wrong sometimes.

The best example that shows the impact of Excel errors is the one of JPMorgan Chase, where it lost a whopping 6 billion dollars due to spreadsheet errors in the London Whale incident.

  1. Not web-based

How did we get to number 5 before bringing this one up?

When information is put into a spreadsheet, that data is stored on the computer’s hard drive and then separately sent to other people who need that information. If they update their spreadsheet, the data changes. The Barclays bank incurred losses in an acquisition deal, just because around 200 cells in their offer details in the worksheet weren’t deleted but rather hidden! Also, duplication of an Excel file can create havoc for business.

Cloud based systems work more efficiently. Up-to-date information can be shared, merged and synced instantly by anyone and with anyone. Employees prefer this. According to a survey, 25{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of employees have left a job because they didn’t feel included in some aspects of the business.

  1. It’s time to move forward folks!

It is 2017 now, didn’t you know? It’s time to steam ahead. You are losing a lot of employee potential by making them work tediously on Excel spreadsheets. It is necessary to choose the right solution to make the most of the employee capabilities & efforts and avoid wastage of your organization’s time and resources.

So, ditch Excel and rise to glory!

Keywords/LSI

spreadsheet, operating system, spreadsheet software, contact management system, Excel spreadsheets, Cloud based systems, spreadsheet errors, spreadsheet data

References

https://www.inc.com/guides/protect-against-fraud.html

http://www.marketwatch.com/story/88-of-spreadsheets-have-errors-2013-04-17

http://time.com/3844483/millennials-secrets/

https://www.fullcontact.com/

https://www.forbes.com/sites/bernardmarr/2016/06/16/spreadsheet-reporting-5-reasons-why-it-is-bad-for-business/#517dac3565e3

http://insights.wired.com/profiles/blogs/what-s-so-bad-about-spreadsheets#axzz4edjrxF5B

http://www.zdnet.com/article/forrester-google-still-a-distant-office-competitor/

https://www.forbes.com/sites/salesforce/2014/09/13/sorry-spreadsheet-errors/#647d3cc056ab

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

What the oil crisis means for Australia (Content Princess – SEO)

The oil crisis has been an ongoing global problem since as early as 2014, but what does this crisis mean for Australia?

The current oil crisis

Oil prices fell from above $100 per barrel in 2014 and dropped down to the low levels of $30 per barrel in 2016; the market has since recovered. However, there is worry that we may dip to these levels once again.

The current crisis has been attributed to excess supplies of US shale oil. Oil companies and suppliers depend on the revenue generated from oil sales, so excess stock makes it hard for them to fund their fiscal budget.

Increasing rivalry between Iran and Saudi Arabia has not helped the oil crisis and has caused the Organization of the Petroleum Exporting Countries (OPEC) to intervene, leading to an agreement between OPEC and non-OPEC members to freeze/ cut oil production in November 2016.

The deal was due to continue until March 2018. However, cracks have started to appear, and there are fears that the deal will break apart.

The effect on the rest of the world

The oil crisis has affected the economy; this has a knock-on effect on the remainder of the world. Modern society relies heavily on economic growth and the slightest economic dip has a rippled effect.

The oil industry, when booming, brings tremendous economic growth. However, this also means any hit to the oil industry negatively affects economic growth. The oil crisis in the past have caused recessions and brought countries to their knees.

Economist always pays close attention to the oil industry due to the major impact price increase and decreases have.

The effect on Australia

In the 1990s, years of strategic planning meant that Australia almost reached oil self-sufficiency, however, in the 2000s trends changed and suddenly the gap between consumption and production started widening. Currently, Australia is only 38{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} oil self-sufficient.

Instead of being, self-sufficient Australia has been turning to oil imports. While this may improve the supply of crude oil, this leaves the country vulnerable. The current oil crisis means that supplies have had to freeze/cut production, this means that another price dip could cause an economic catastrophe.

It is in the countries best interest to start aiming towards oil self-sufficiency rather than relying on oil imports since the oil industry is incredibly unstable with little signs of stability.

Conclusion

The oil crisis has been brewing since 2014 but reached its peak in 2016; however, despite signs of recovery increased instability has meant that economists fear that another dip is imminent.

Excess stock of American shale oil and ongoing rivalry between Iran and Saudi Arabia has said that the OPEC has had to work together as members and non-member to reach an agreement to freeze or cut production.

An agreement was reached in November 2016. However, there have already been signs of stress, and it is feared that the deal will collapse well before the March 2018 end date.

Up until 2000, Australia was heading in the right direction towards full oil self-sufficiency, however, due to a change in trend the country started to rely more on imported oil. This has seen a decline in production and leaves Australia incredibly vulnerable due to the instability in the oil industry.

To protect ourselves from the fallout of a potential collapse in the oil industry and reach 100{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} oil self-sufficiency, Australia should focus its efforts on increasing oil production. 

Primary Keyword: oil crisis

LSI Keyword – Variants: oil prices, current crisis, US shale oil, oil companies, oil sales, oil industry, oil self-sufficiency, oil self-sufficient, imports of oil, crude oil

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

What The Oil Crisis Means For Australia (Content Princess – SEO)

What The Oil Crisis Means For Australia (Content Princess – SEO)

Brent crude oil tumbled from $37.28 down to $30.86 per barrel in the past year or so. How is that severe? Well, in the fourth quarter of 2014, Brent was selling at $100 per barrel, meaning its prices have plummeted, and drastically too.

With oil prices currently in freefall (as seen in the above example), sending shivers down the spines of major economies, prevailing countries take wins, and those less fortunate take losses. But what does this mean for our beautiful country? What does this mean for Australia?

The Crisis Itself

Our world has more liquid petroleum than it ever had before, also meaning it has more than it will ever actually need too, and in this fuel-guzzling, energy-driven society, that comes with catastrophic circumstances.

Drastic changes in the supply and demand of oil and other fuels can result in the tearing down of share markets, the shutdown of multi-billion dollar hedge funds and not to mention slashing government budgets, ultimately ending up in spiralling numerous countries into a recession that never needed to happen. A recession that could have been easily regulated and avoidable.

But with greed comes unforeseen, often terrible circumstances. And greed, sadly, in this day and age, is much too common and way too blind. The people are getting greedy to fail to see the aftereffects of their greed because they cannot see past the enormous stacks of money on their desks. And doesn’t that tell us a lot about the world?

What Does This Mean For Australia?

A whole lot of bad

It may seem good at first because lower oil prices mean cheaper petrol right? Wrong. While the prices overall are lower, with Australia being a net oil importer, they have lost a lot of income through oil trading, meaning the Australian dollar has also plummeted. So while the low oil prices have caused the prices of petrol to come down drastically, with the Australian dollar dropping too, it has resulted in what appeared to be a $1.45 decrease per barrel, actually turned out to be a 53 cent increase.

The entire thing paints a very complicated-looking picture for Australia because although we’re importing oil at much lower prices, being a net oil importer and all, that very much looks like a good thing. But the bad side of it is, the nation is a net energy exporter and lots of energy-related products, meaning as well as buying oil on the cheap side.  We’re also trading our exports at much lower prices too, because a lot of energy products, such as gas, follow similar price patterns to oil.

Summarising The Crisis

So yes, we may be importing stuff for much lower prices, but in turn, our main export outlets are taking major hits too, so it’s not as though the Australian economy is being boosted due to the cheap imports. Because in actuality, the economy is on the decline because of our main exports taking a hit in all this too. Add the drop of the Australian dollar into the equation, and the nation could be facing one of the most severe declines in its economy it has seen in many years.

LSI Keywords:

  • Economy
  • Oil
  • Gas
  • Import
  • Export
  • Finance
  • Recession
  • Australia
  • Australian Dollar
  • Nation
  • Price
  • Decline
Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail

Will Corporate Accelerators Work For Your Business? (Content Princess – SEO)

Will Corporate Accelerators Work For Your Business? (Content Princess – SEO)

Seed accelerators or start – up accelerators are programs that feature mentorship, education modules and finish with a demonstration day or a public pitch event.  Established corporations can also benefit from connecting with professional accelerators which are run by experienced entrepreneurs. Accelerators centre on a broad range of industries and are particularly important in industries like food, telecommunications, and agriculture that tend to be impervious to change.

Advantages of Corporate Accelerators.

A New Work Culture – Executives and employees learn about new methodologies such as designing a viable product, project management and customer development.  As a result, they will begin using them in their work environment.

Case Study – When Windows 10 was introduced it went through numerous repetitions with customers providing opinions through Windows Insider.  The product was released before it was completed and it was attuned based on customer responses.  The result has been an exceptional success, and Windows 10 has grown faster than any other Windows version.

Ability to Attract More Partnerships and Collaborations – Many companies have concluded that they need to join start-ups to subject them to new technologies and methodologies.  This will procure their future in the market.  Big corporations can observe start-ups in the initial stages and gain knowledge of the industry and new trends.

Growth of Accelerator Programs.

During the past decade, the growth of accelerator programs has fast-tracked.

  • At the start of 2016, there were 170 accelerator programs in the US.
  • Each year from 2008 to 2014 the number increased by an average of 50{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} (Ian Hathaway, a senior fellow in the Metropolitan Policy Program at the Brookings Institute).
  • The average evaluation of a company supported by an accelerator is $7.1 million. While this includes hits and flops the result is still good.

Springboard is an accelerator program whose companies have procured $6.5 billion through their lifetime and have an 83{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} fundraising success rate. 

As the chart demonstrates accelerator programs like Springboard work.

Problems Which Can Arise.

Corporations in accelerator programs devise a business plan. This document portrays:

  • Product and Services
  • Market opportunity.
  • A five-year prediction for profit, cash flow and income.

During the implementation stage, the business plan usually doesn’t hold true. 

Failure of Mentorship – While good mentorship can be a real bonus the opposite can be detrimental. When there is a wide gap between what the mentor can contribute and the expectations of the start – up, there will be a momentum stall.

Many programs don’t have the recognition to appeal to quality start-ups. There are a lot not delivering but still operating because of high demand. While gaining themselves, they are leaving behind a trail of failed start – ups.

There is obviously a high demand for accelerator programs, and many do succeed.  Internal accelerators are difficult to manage.  They need heavy Research & Development, a lot of preparation and an effective approach to administration.  Companies that are established will see the benefits of working with professional accelerator entrepreneurs.  For start-ups, this is the only alternative.  In the immediate future, more efficient accelerator archetypes will be required to eliminate existing pitfalls.

Primary Keyword – accelerator

Secondary Keywords – accelerators, accelerator programs, accelerator entrepreneurs, start-ups.

References

www.slideshare.net/FalguniDesai&/future-asia-ventures-corporate-accelerators-a-growing-force

www.forbes.com/sites/geristengel/2014/08/20/funding-women-entrepreneurs-if-not-now-when/#68fcae393fa8-

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmailFacebooktwittergoogle_plusredditpinterestlinkedintumblrmail