Smart Move!!! Shift to IFRS

The use of International Financial Reporting Standards (IFRS) as a universal financial reporting language is gaining momentum across the globe. IFRS has already been adopted by many countries in Asia and Europe, and is rapidly gaining acceptance in the remaining key markets. US SEC is proposing a roadmap requiring IFRS adoption between 2014 and 2016. Adoption of IFRS will be one of the most significant changes that publicly traded companies will have to deal with over the next few years. In line with the global trend, in India, Ministry of Corporate Affairs (MCA) along with the Institute of Chartered Accountants of India (ICAI) has proposed a roadmap for convergence with IFRS for certain defined entities, with effect from accounting periods commencing on or after April 1, 2011.

What to do with SharePoint 2010?

SharePoint 2010 is released in its new Avatar with enhanced collaboration and enterprise content management features, which enables, an organization to connect and empower people through formal and informal business communities, within the company and beyond, and to manage content effectively throughout the information lifecycle. In short, it is a strategic platform for enterprise for delivering applications, team-working and workflow throughout the organization.

Wanted - A taxonomy for the inventory

 A Production Planner sometimes spends his day managing bucket loads of emails, faxes, telephone calls and emails getting his suppliers to share their information, align their inventory as well as production targets to align to his demand. In fact identifying what the inventory means to different stakeholders is not different from the story of six blind men and the elephant – The inventory like the fabled elephant for each one has a different meaning.

How do you choose - Collaboration and ECM Solutions

Collaboration, Portals, Social Networking (SN), Document Management (DM), Content Management (CM), Web Content Management (WCM) and Record Management (RM), Digital Assets Management (DAM) – these are the elements and components of Enterprise Content Management (ECM) and we hear these key words day-in-day-out. It’s very incomprehensible to align and prioritize these in proper order for end-user usage, adoption and design enterprise solutions to achieve business goals.

Cloud Computing 1-0-1

Here is my perspective on the Cloud Computing scenario as it unfolds going forward. Cloud Computing, by virtue of its dynamic, real-time upward and more importantly, downward scalability with a pay-per-use costing model, is particularly useful where there is significant inpredictability of demand for computing and storage resources or a large (though at times predicatble) variation in computing and storage activity through the year.

Trends driving demand for Virtualization & Cloud Computing

In the post-economic turmoil world, even as the global economy pulls out of tough times, business leaders are likely to continue putting pressure on managers to do more with the same or better still, more with less. Tough times have taught some tough lessons and the drive for greater productivity, lower complexity and greater responsiveness is likely to continue.