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NEW YORK, Aug. 9, 2022 /PRNewswire/ -- The Insight Partners published latest research study on "Predictive Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component [Solution (Risk Analytics, Marketing Analytics, Sales Analytics, Customer Analytics, and Others) and Service], Deployment Mode (On-Premise and Cloud-Based), Organization Size [Small and Medium Enterprises (SMEs) and Large Enterprises], and Industry Vertical (IT & Telecom, BFSI, Energy & Utilities, Government and Defence, Retail and e-Commerce, Manufacturing, and Others)", the global predictive analytics market size is projected to grow from $12.49 billion in 2022 to $38.03 billion by 2028; it is expected to grow at a CAGR of 20.4% from 2022 to 2028.

Download PDF Brochure of Predictive Analytics Market Size - COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.theinsightpartners.com/sample/TIPTE100000160/

Predictive Analytics Market Report Scope & Strategic Insights:

Report Coverage

Details

Market Size Value in

US$ 12.49 Billion in 2022

Market Size Value by

US$ 38.03 Billion by 2028

Growth rate

CAGR of 20.4% from 2022 to 2028

Forecast Period

2022-2028

Base Year

2022

No. of Pages

229

No. Tables

142

No. of Charts & Figures

100

Historical data available

Yes

Segments covered

Component, Deployment Mode, Organization Size, and Industry Vertical

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends


Predictive Analytics Market: Competitive Landscape and Key Developments

IBM Corporation; Microsoft Corporation; Oracle Corporation; SAP SE; Google LLC; SAS Institute Inc.; Salesforce.com, inc.; Amazon Web Services; Hewlett Packard Enterprise Development LP (HPE); and NTT DATA Corporation are among the leading players profiled in this report of the predictive analytics market. Several other essential predictive analytics market players were analyzed for a holistic view of the predictive analytics market and its ecosystem. The report provides detailed predictive analytics market insights, which help the key players strategize their growth.

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In 2022, Microsoft partnered with Teradata, a provider of a multi-cloud platform for enterprise analytics, for the integration of Teradata's Vantage data platform into Microsoft Azure.

In 2021, IBM and Black & Veatch collaborated to assist customers in keeping their assets and equipment working at peak performance and reliability by integrating AI with real-time data analytics.

In 2020, Microsoft partnered with SAS for the extension of their business solutions. As a part of this move, the companies will migrate SAS analytical products and solutions to Microsoft Azure as a preferred cloud provider for SAS cloud.

Increase in Uptake of Predictive Analytics Tools Propels Predictive Analytics Market Growth:

Predictive analytics tools use data to state the probabilities of the possible outcomes in the future. Knowing these probabilities can help users plan many aspects of their business. Predictive analytics is part of a larger set of data analytics; other aspects of data analytics include descriptive analytics, which helps users understand what their data represent; diagnostic analytics, which helps identify the causes of past events; and prescriptive analytics, which provides users with practical advice to make better decisions.

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Prescriptive analytics is similar to predictive analytics. Predictive modeling is the most technical aspect of predictive analytics. Data analysts perform modeling with statistics and other historical data. The model then estimates the likelihood of different outcomes. In e-commerce, predictive modeling tools help analyze customer data. It can predict how many people are likely to buy a certain product. It can also predict the return on investment (ROI) of targeted marketing campaigns. Some software-as-a-service (SaaS) may collect data directly from online stores, such as Amazon Marketplace.

Predictive analytics tools may benefit social media marketing by guiding users to plan the type of content to post; these tools also recommend the best time and day to post. Manufacturing industries need predictive analytics to manage inventory, supply chains, and staff hiring processes. Transport planning and execution are performed more efficiently with predictive analytics tools. For instance, SAP is a leading multinational software company. Its Predictive Analytics was one of the leading data analytics platforms across the world. Now, the software is gradually being integrated into SAP's larger Cloud Analytics platform, which does more business intelligence (BI) than SAP Predictive Analytics. SAP Analytics Cloud, which works on all devices, utilizes artificial intelligence (AI) to Excellerate business planning and forecasting. This analytics platform can be easily extended to businesses of all sizes.

North America is one of the most vital regions for the uptake and growth of new technologies due to favorable government policies that boost innovation, the presence of a substantial industrial base, and high purchasing power, especially in developed countries such as the US and Canada. The industrial sector in the US is a prominent market for security analytics. The country consists of a large number of predictive analytics platform developers. The COVID-19 pandemic enforced companies to adopt the work-from-home culture, increasing the demand for big data and data analytics.

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The pandemic created an enormous challenge for businesses in North America to continue operating despite massive shutdowns of offices and other facilities. Furthermore, the surge in digital traffic presented an opportunity for numerous online frauds, phishing attacks, denial of inventory, and ransomware attacks. Due to the increased risk of cybercrimes, enterprises began adopting advanced predictive analytics-based solutions to detect and manage any abnormal behavior in their networks. Thus, with the growing number of remote working facilities, the need for predictive analytics solutions also increased in North America during the COVID-19 pandemic.

Predictive Analytics Market: Industry Overview

The predictive analytics market is segmented on the basis of component, deployment mode, organization size, industry vertical, and geography. The predictive analytics market analysis, by component, is segmented into solutions and services. The predictive analytics market based on solution is segmented into risk analytics, marketing analytics, sales analytics, customer analytics, and others. The predictive analytics market analysis, by deployment mode, is bifurcated into cloud and on-premises. The predictive analytics market, by organization size, is segmented into large enterprises, and small and medium-sized enterprises (SMEs). The predictive analytics market, by vertical, is segmented into BFSI, manufacturing, retail and e-Commerce, IT and telecom, energy and utilities, government and defense, and others.

In terms of geography, the predictive analytics market is categorized into five regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The predictive analytics market in North America is sub segmented into the US, Canada, and Mexico. Predictive analytics software is increasingly being adopted in multiple organizations, and cloud-based predictive analytics software solutions are gaining significance in SMEs in North America. The highly competitive retail sector in this region is harnessing the potential of this technique to efficiently transform store layouts and enhance the customer experience in various businesses. In a few North American countries, retailers use smart carts with locator beacons, pin-sized cameras installed near shelves, or the store's Wi-Fi network to determine the footfall in the store, provide directions to a specific product section, and check key areas visited by customers. This process can also provide basic demographic data for parameters such as gender and age.

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Wal-Mart, Costco, Kroger, The Home Depot, and Target have their origin in North America. The amount of data generated by stores surges with the rise in sales. Without implementing analytics solutions, it becomes difficult to manage such vast data that include records, behaviors, etc., of all customers. Players such as Euclid Analytics offer spatial analytics platforms for retailers operating offline to help them track customer traffic, loyalty, and other indicators associated with customer visits. Euclid's solutions include preconfigured sensors connected to switches that are linked through a network. These sensors can detect customer calls from devices that have Wi-Fi turned on. Additionally, IBM's Sterling Store Engagement solution provides a real-time view of store inventory, and order data through an intuitive user interface that can be accessed by store owners from counters and mobile devices.

Heavy investments in healthcare sectors, advancements in technologies to help manage a large number of medical records, and the use of Big Data analytics to efficiently predict at-risk patients and create effective treatment plans are further contributing to the growth of the predictive analytics market in North America. Predictive analytics helps assess patterns in a patients' medical records, thereby allowing healthcare professionals to develop effective treatment plans to Excellerate outcomes. During the COVID-19 pandemic, healthcare predictive analytics solutions helped provide hospitals with insightful predictions of the number of hospitalizations for various treatments, which significantly helped them deal with the influx of a large number of patients. However, the high costs of installation and a shortage of skilled workers may limit the use of predictive analytics solutions in, both, the retail and healthcare sectors.

Browse Adjoining Reports:

Procurement Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management); Deployment (Cloud, On Premises); Industry Vertical (Retail and E Commerce, Manufacturing, Government and Defense, Healthcare and Life sciences, Telecom and IT, Energy and Utility, Banking Financial Services and Insurance) and Geography

Risk Analytics Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Component (Software, Services); Type (Strategic Risk, Financial Risk, Operational Risk, Others); Deployment Mode (Cloud, On-Premise); Industry Vertical (BFSI, IT and Telecom, Manufacturing, Retail and Consumer Goods, Transportation and Logistics, Government and Defense, Energy and Utilities, Healthcare and Life Sciences, Others) and Geography

Preventive Risk Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solution, Services); Deployment Type (On-Premise, Cloud); Organization Size (SMEs, Large Enterprises); Type (Strategic Risks, Financial Risks, Operational Risks, Compliance Risks); Industry (BFSI, Energy and Utilities, Government and Defense, Healthcare, Manufacturing, IT and Telecom, Retail, Others) and Geography

Business Analytics Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Application (Supply Chain Analytics, Spatial Analytics, Workforce Analytics, Marketing Analytics, Behavioral Analytics, Risk And Credit Analytics, and Pricing Analytics); Deployment (On-Premise, Cloud, and Hybrid); End-user (BFSI, IT & Telecom, Manufacturing, Retail, Energy & Power, and Healthcare)

Big Data Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Software and Services), Analytics Tool (Dashboard and Data Visualization, Data Mining and Warehousing, Self-Service Tool, Reporting, and Others), Application (Customer Analytics, Supply Chain Analytics, Marketing Analytics, Pricing Analytics, Workforce Analytics, and Others), and End Use Industry (Pharmaceutical, Semiconductor, Battery Manufacturing, Electronics, and Others)

Data Analytics Outsourcing Market to 2027 - Global Analysis and Forecasts by Type (Descriptive Data Analytics, Predictive Data Analytics, and Prescriptive Data Analytics); Application (Sales Analytics, Marketing Analytics, Risk & Finance Analytics, and Supply Chain Analytics); and End-user (BFSI, Healthcare, Retail, Manufacturing, Telecom, and Media & Entertainment)

Sales Performance Management Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Solution (Incentive Compensation Management, Territory Management, Sales Monitoring and Planning, and Sales Analytics), Deployment Type (On-premise, Cloud), Services (Professional Services, Managed Services), End User (BFSI, Manufacturing, Energy and Utility, and Healthcare)

Customer Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Solution, Services); Deployment Type (On-premises, Cloud); Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises); End-user (BFSI, IT and Telecom, Media and Entertainment, Consumer Goods and Retail, Travel and Hospitality, Others) and Geography

Life Science Analytics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics); Component (Services, Software); End User (Pharmaceutical & Biotechnology Companies, Research Centers, Medical Device Companies, Third-Party Administrators)

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/predictive-analytics-market

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Tue, 09 Aug 2022 00:56:00 -0500 text/html https://www.tmcnet.com/usubmit/-predictive-analytics-market-worth-38-billion-2028-204-/2022/08/09/9652572.htm
Killexams : UK Government signs procurement memo of understanding with Salesforce, but are more needed to prevent a cloud oligopoly?

The UK Government’s Crown Commercial Service (CCS) procurement body has signed a Memorandum of Understanding (MoU) with Salesforce to make it easier and cheaper for public sector organizations to buy from the supplier.

According to Philip Orumwense, Commercial Director and Chief Technology Procurement Officer at CCS:

The agreement will further ensure increased collaboration and aggregation of government and wider public sector spend to achieve increased automation, forecasting, reporting and customer engagement management tools.

The main items on the Salesforce MoU are:

  • A discount on licences (Salesforce, Mulesoft, Tableau & Slack) and services for eligible UK public sector bodies, including health bodies.
  • Free experimentation projects, so that eligible bodies can test and learn how Salesforce solutions can be used to meet their requirements.
  • Direct access to a panel of Salesforce’s SME implementation partners.
  • Discounted training and support.
  • A discounted trial of Salesforce’s Net Zero Cloud, supporting the UK government’s drive towards Net Zero.

Salesforce has a number of UK public sector customers, including the Health Service Executive, Department for Works & Pensions, various local authorities and CCS itself.

More MoUs

CCS has signed a number of such MoUs in latest years with cloud suppliers, including the likes of Oracle, Google and Microsoft. Oracle’s agreement was first signed as far back as 2012 with an updated  and expanded deal signed last year. At that time, Orumwense commented:

This enhanced Memorandum of Understanding will continue to deliver savings and benefits for new and existing public sector customers using Oracle's cloud based technologies. It will continue delivering value for money whilst supporting public sector customers' journey to the cloud.

Expanding the list of suppliers offering cloud services has become a political agenda item in the UK as legislators have queried the amount of business that has gone to Amazon Web Services (AWS). As of February last year, some £75 million of contracts had been awarded in the previous 12 months.

Lord Maude, who previously ran the UK Cabinet Office where he waged a war on excessively priced tech contracts and essentially began the MoU process in earnest as part of his reforms, was quoted as warning:

When it comes to hosting, we've regressed into allowing a small group, and one vendor, in particular, to dominate. If you take a view of the government as simply as a customer, it makes absolutely no sense for the government to be overly dependent on one supplier. No one would sensibly do that.

The Salesforce MoU looks well-timed as CCS recently launched a tender for a range of cloud services in a set of deals that could be worth up to £5 billion in total. Procurement notices have been issued under the G-Cloud 13 framework, covering cloud hosting, cloud software and cloud support, with a further lot for migration and set-up services to follow. Contracts can last for 3 years with an option to extend by a further year.

Eligible suppliers must be able to offer services in the following capabilities:

  • Planning - the provision of planning services to enable customers to move to cloud software and/or hosting services;
  • Setup and Migration- the provision of setup and migration services which involves the process of consolidating and transferring a collection of workloads. Workloads can include emails, files, calendars, document types, related metadata, instant messages, applications, user permissions, compound structure and linked components.
  • Security services - Maintain the confidentiality, integrity and availability of services and information, and protect services against threats.
  • Quality assurance and performance testing - Continuously ensure that a service does what it’s supposed to do to meet user needs efficiently and reliably.
  • Training
  • Ongoing support - Support user needs by providing help before, during and after service delivery.

My take

Having a wider range of potential providers operating under such MoUs is crucial for government to deliver value for taxpayers money.

Those of us who lived through the crusading days of Maude insisting that tech vendors - mostly large US systems houses and consultancies - come back to the negotiating table, tear up their existing contracts and start from scratch, have been dismayed, but not surprised, that the so-called ‘oligopoly’ simply had to sit it out and wait for a change of government/minister to get things back to ‘normal’.

There were successes that linger. The UK’s G-Cloud framework was a triumph when set up and continues to do good work. As an aside, and given this article has been triggered by a Salesforce announcement, I do remember talking to CEO Marc Benioff in London prior to the formal announcement of G-Cloud and how it would work.   

At the time there was a heavy push from certain quarters to make G-Cloud all about virtualization and private cloud rather than the public cloud push it was to become. I asked Benioff if he thought this was the right direction of travel and got a very firm rebuttal as he told me:

The UK government is way behind in this, and way too much into virtualization…Government needs to stop hiding behind the private cloud.

I was in good company - Benioff had been in at the Cabinet Office the previous day and given Maude the same message.  Thirteen years on, the Public Cloud First policy that was shaped later that year still stands, but progress hasn’t been made at the rate that was promised back in those heady launch days and which needs to be achieved.

In 2022, there’s the risk of a different sort of oligopoly, as the concern around AWS' grip on government contracts suggests - and not just in the UK -  but unfortunately there’s no sign of a Maude to take charge this time and bang the negotiating table.

Instead the Secretary of State with responsibility for digital thinks the internet has been around for ten years and retweets memes of politicians being stabbed. Meanwhile a putative, unelected new Prime Minster has just announced that she (somehow) intends to redesign the internet into adults-only and kid-friendly versions. Sigh. 

Mon, 01 Aug 2022 23:26:00 -0500 BRAINSUM en text/html https://diginomica.com/uk-government-signs-procurement-memo-understanding-salesforce-are-more-needed-prevent-cloud
Killexams : Lacework Named To The Forbes Cloud 100

Data-Driven Cloud Security Company Ranked #55 for Growth, Sales,Valuation and Culture

SAN JOSE, Calif., Aug. 9, 2022 /PRNewswire/ -- Lacework®, the data-driven cloud security company, has ranked #55 on the Forbes 2022 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.

Cloud environments have a different scale, complexity, and speed of action than on-prem environments, requiring new security approaches. Using automation and cloud behavioral analytics, the Lacework Polygraph® Data Platform automatically learns and understands behaviors across a customer's cloud environment. These behaviors provide security teams with the context needed to prioritize risk across what the organization builds and runs. 

"We built Lacework to tackle one of the greatest challenges in modern computing - cloud security - and make it possible for customers to innovate quickly and securely in this new cloud era," said Jay Parikh, Co-CEO at Lacework. "We're thrilled that the outcomes we create for our customers have propelled this company to be recognized alongside other organizations pioneering the future of how we operate in the cloud."

Lacework is trusted by companies of all sizes across the globe, including in the Fortune 500. According to a Forrester Consulting Total Economic Impact™ (TEI) study, enterprises deploying Lacework:

  • Receive a 342% return on investment (ROI)
  • Benefit from reduced effort for security teams through the surfacing of prioritized and curated alerts that enable focus on critical tasks — such as resolving more severe security incidents and threat hunting
  • $1.8 million value over three years from increased productivity from reduction of alert investigations
  • Reduce costs due to eliminating the need to purchase legacy tool licenses and hire security compliance professionals, worth $230,000 and $291,000 over three years respectively

"The companies of the Cloud 100 list represent the best and brightest private companies in this fast-growing sector," said Alex Konrad, senior editor at Forbes. "Every year, it gets more difficult to make this list — meaning even more elite company for those who do. Congratulations to each of the 2022 Cloud 100 honorees."

"The public markets may be in turmoil, but the private valuations of the Cloud 100 continue to rise.  All of the 2022 Cloud 100 honorees, again, have reached the $1 billion valuation milestone, and the average Cloud 100 valuation has skyrocketed to $7.4 billion," said Mary D'Onofrio, partner at Bessemer Venture Partners. "Despite the market correction in 2022, our confidence in the cloud economy continues to grow—today over 70% of the 2022 Cloud 100 Honorees have reached or exceeded $100 million in annual recurring revenue making them cloud Centaurs. An additional 10% of the list is expected to hit this milestone by the end of the year, furthering our conviction that this years' honorees truly represent the best cloud companies globally."

Additional Resources:

  • For more information on Lacework and the Forbes Cloud 100, visit our blog.
  • Become an expert on security fundamentals and learn more from your security and developer peers through Lacework Academy and the Lacework Community.
  • Read what Lacework customers have to say about the Lacework Polygraph Data Platform.

About Lacework

Lacework is the data-driven security company for the cloud. The Lacework Polygraph Data Platform automates cloud security at scale so our customers can innovate with speed and safety. Only Lacework can collect, analyze, and accurately correlate data across an organization's cloud and Kubernetes environments, and narrow it down to the handful of security events that matter. Customers all over the globe depend on Lacework to drive revenue, bring products to market faster and safer, and consolidate point security solutions into a single platform. Founded in 2015 and headquartered in San Jose, Calif., Lacework is backed by leading investors like Sutter Hill Ventures, Altimeter Capital, D1 Capital Partners, Tiger Global Management, Counterpoint Global (Morgan Stanley), Franklin Templeton, Durable Capital, GV, General Catalyst, XN, Coatue, Dragoneer, Liberty Global Ventures, and Snowflake Ventures, among others. Get started at www.lacework.com.

Contact:
Paige Broker
lacework@inkhouse.com 

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SOURCE Lacework

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Killexams : Is the Great Resignation causing data leaks?

Member Article

We’ve all heard of ex-employees who have accessed their old company’s database or carried on using their tech after they have left. It’s an age-old problem that hasn’t gone away. The disgruntled employee, the salesperson who goes to a competitor, the new employee who wants to make a name for themselves – it doesn’t have to be malicious, but it can be devastating to a business. No one wants to provide away their competitive advantage.

The 2020 Verizon Data Breach Investigations Report found that 86% of all data breaches are financially motivated. This motivation is key in instances of employee data. Another study by Intermedia found that 89% of employees were able to access sensitive corporate applications well after their departure including Salesforce, Quickbooks and other sensitive corporate apps.

Despite HRs and the IT departments best efforts, some things just slip through the net leaving your company vulnerable.

So, how can the latest joiners, movers, leavers (JML) automation technology stop this behaviour?

JML processes in any company are lengthy and complicated with organisations trying to streamline processes, particularly ones that span different departments. If it isn’t done right, it opens you up to error and increased security risks and it’s now even harder to protect sensitive corporate data when people leave or move due to the number of SaaS applications that employees can access from anywhere. It’s also hard to manage and keep track of your assets.

When we talk to clients it’s the JML processes that they all want to improve. They’ve all experienced it taking one or two weeks for new employees to be productive because they don’t have the right tech or access to systems. The impact on new employee experience as a result can be very negative. We know that organisations with a standard onboarding process experience 50% greater new hire retention. While IS Decisions found at least one in three ex-employees are left with access to data after they leave the company. There is also a huge cost implication as well as a security issue if laptops, phones or software licences are left with users – even if they don’t use them, the fact that they’re not reallocated impacts on costs.

JML processes can be drastically improved by using automation technology to free up time for HR, finance and IT departments and reduce costly human errors. Automated processes are not only exponentially more reliable than their manual counterparts but are fully audited. On the odd occasion that they need attention, the software will alert you instantly so you can take action.

The latest JML software has been built to enable customers to develop and manage their own automated JML processes while being integrated with legacy apps and Microsoft Power Automate workflows. It includes over 100 pre-built JML building blocks that a customer can select to suit their JML needs and to accelerate the setup of the automated processes. By combining with Power Automate the software provides a simple to use, familiar and intuitive drag-and-drop interface. One healthcare provider saved 215 working days a year by automating their JML process and reduced their time to run the starter process to 14 minutes.

So, how much of the processes can be automated?

With a blend of Power Automate for connector-based automation, you can automate almost any system. Legacy and bespoke systems with no connectors or APIs can be automated by leveraging IA-Connect’s RPA functionality to directly interact via the user-interface. And once the system is set up and workflows are generated using unique JML building blocks, systems administrators are able to initiate these JML workflows through a standard ITSM system, an HR system or any other trigger point.

The system administrators can provide access to the right databases, licenses and apps by simply adding the user to the relevant group or department. They will then be automatically subscribed usernames and told how to set up passwords and so forth. When a person leaves, the administrator can withdraw permissions as simply as they were given and can trigger the processes to retrieve assets from the person before they leave. This ensures there is greater security and compliance for your business. And, if people move within the company all the systems and apps they are assigned to can be changed automatically. Licenses can be removed or swapped, thus ensuring no fees are being wasted.

As with most automation, companies with over 750 employees or those smaller companies with a high staff turnover (e.g. construction, healthcare, logistics, contractors) will benefit the most from these new JML automation services and save money. It goes without saying that any business thinking of implementing this new automation technology would do well to use a firm that is an automation specialist. Not only will the process run more smoothly but they will be able to offer insight into where else automation might help Excellerate your business processes and help tie in your JML processes to other processes that you hadn’t perhaps thought of before.

Do beware the potential pitfalls of implementing poorly designed JML solutions. Many enterprise grade solutions are rigid and standalone which limits the ability to tie your JML processes to other business processes. At the other end of the scale some solution providers are trying to use existing RPA solutions or solely Power Automate to Excellerate JML processes, but these were not designed with JML processes in mind. These can be clunky and difficult to implement, and as they don’t have specific JML focus, these generic solutions can be much more arduous and labour intensive.

There are four main challenges that the JML automation technology resolves. It improves your security posture by producing consistency across the JML process and reducing reporting errors. It reduces costs by giving back time to the HR, finance and IT departments through automation. Critically, it increases employee productivity from day one and improves the employee experience. The best JML technology solutions also allow rapid time to value with a platform that can be implemented quickly and used immediately.

This was posted in Bdaily's Members' News section by Ultima .

Tue, 02 Aug 2022 17:16:00 -0500 en text/html https://bdaily.co.uk/articles/2022/08/03/is-the-great-resignation-causing-data-leaks
Killexams : Cloud Computing in Higher Education Market 2022-2030 Top Countries Data, Key Players,| Salesforce.com, Netapp, Ellucian Company L.P., Vmware, Inc

The study undertaken by Astute Analytica foresees a tremendous growth in revenue of the market for global cloud computing in higher education market from US$ 2,693.5 Million in 2021 to US$ 15,180.1 Million by 2030. The market is anticipated to grow at a CAGR of 22% during the forecast period 2022-2030.

The study incorporates both qualitative and quantitative data and draws on both primary and secondary statistical sources. Significant companies, important market categories, and a range of products are included in the global market report. In addition, the report covers the measurement years and the study points.

Cloud computing in higher education provides an online platform for educational institutes through various applications and subscription models. In this era of technology, employing latest IT technologies and services in higher education assists teachers, administrators and students in their education related activities. Cloud computing in higher education centrally manages the various business processes such as student and course management, helps teachers in uploading learning materials, students to access their homework, administrators to easily collaborate with each other and library management among others. Cloud computing segment is gaining majority of the spenders from high income group as well as skilled share of people from around the world.

On the basis of institute type, thetechnical schools are estimated to hold the highest market share in 2021 and is also expected to project the highest CAGR over the forecast period owing to increasing demand for cloud computing in technical schools.Moreover, based on ownership,private institutes segment is anticipated to hold the largest market share owing to increasing funding in private institutes for adoption of cloud computing services. Whereas, the public institutes segment is expected to grow at the highest CAGR over forecast period. Furthermore, in terms of application, administration application holds a major share in the cloud computing in higher education in 2021. Whereas, unified communication is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning. In addition to this, by deployment, the hybrid cloud segment held the largest market share in 2021.

Market Dynamics and Trends

Drivers

The increasing adoption of SaaS based cloud platforms in higher education, increasing adoption of e-learning, increasing IT spending on cloud infrastructure in educationand increasingapplication of quantum computing in education sectorwill boost the global cloud computing in higher education market during the forecast period. Software-as-a-Service (SaaS) is a type of delivery model of cloud computing. In the higher education sector, SaaS applications include hosting various management systems for educational institutes and managing other activities. Moreover, higher education industry witnesses an increased adoption of e-learning due to its easy accessibility and high effectiveness. Users such as drop-outs, transfer learners, full-time employees are increasingly relying on e-learning trainings and education to upgrade their skills. Furthermore, higher education institutes are rapidly moving towards cloud-based services to save an intensive IT infrastructure cost and boost efficiency of operations.

Restraints

Cybersecurity and data protection risks, lack of compliance to the SLAand legal and jurisdiction issues is a restraining factor which inhibits the growth of the market during the forecast period. Issues related to data privacy pose threats in interest to mitigation of higher education institutions to the cloud. There are federal regulations for higher education institutes along with state and local laws to manage information security in the education environment. Moreover, the level of complexity in the cloud is high, which usually complies with several service providers and thus makes it hard for users to make changes or intervene. Also, the cloud computing industry faces various legal and jurisdiction issues that can run into years due to regional laws.

Cloud Computing in Higher Education Market Country Wise Insights

North AmericaCloud Computing in Higher EducationMarket-

US holds the major share in terms of revenue in theNorth Americacloud computing in higher education market in 2021 and is also projected to grow with the highest CAGR during the forecast period. Moreover, in terms of institute type, technical schools hold the largest market share in 2021.

EuropeCloud Computing in Higher EducationMarket-

Western Europeis expected to project the highest CAGR in theEuropecloud computing in higher education market during forecast period. Wherein,Germanyheld the major share in theEuropemarket in 2021 because there is high focus on innovations obtained from research & development and technology adoption in the region.

Asia PacificCloud Computing in Higher EducationMarket-

Indiais the highest share holder region in theAsia Pacificcloud computing in higher education market in 2021and is expected to project the highest CAGR during the forecast period owing to potential growth opportunities, as end users such as schools and universities are turning toward cloud services in order to offer high quality services that help users to collaborate, share and track multiple versions of a document.

South AmericaCloud Computing in Higher EducationMarket-

Brazilis projected to grow with the highest CAGR in theSouth Americacloud computing in higher education market over the forecast period. Furthermore, based on ownership, private institutes segment holds the major share in 2021 in theSouth Americacloud computing in higher education market owing to increasing funding in private institutes for adoption of cloud computing services.

Middle EastCloud Computing in Higher EducationMarket-

Egyptis the highest share holder region in 2021 and UAE is projected to grow with the highest CAGR during the forecast period. Moreover, in terms of application, administration holds a major share in the cloud computing in higher education in 2021. Whereas, unified communication is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning.

AfricaCloud Computing in Higher EducationMarket-

South Africais the highest share holder region in theAfricacloud computing in higher education market in 2021. Furthermore, by deployment, the private cloud segment is expected to witness the highest CAGR during forecast period due to the security benefits provided by the private deployment of the cloud.

Competitive Insights

GlobalCloud Computing in Higher Education Market is highly competitive in order to increase their presence in the marketplace. Some of the key players operating in the global cloud computing in higher education market include Dell EMC, Oracle Corporation, Adobe, Inc., Cisco Systems, Inc., NEC Corporation, Microsoft Corporation, IBM Corporation, Salesforce.com, Netapp, Ellucian Company L.P., Vmware, Inc and Alibaba Group among others.

Segmentation Overview

Global Cloud Computing in Higher Education Market is segmented based on institute type, ownership, application, deployment and region. The industry trends in the global cloud computing in higher education market are sub-divided into different categories in order to get a holistic view of the global marketplace.

Following are the different segments of the Global Cloud Computing in Higher Education Market:

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By Institute Type segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

  • Universities
  • Technical schools
  • Ivy League Schools(Universities)
  • Community Colleges

By Ownership segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

  • Public Institutes
  • Private Institutes

By Application segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

  • Administration 

    – Payments 

    – Calendar (Scheduling & Planning) 

    – Identity Access Management

  • Content/ Document Storage & Management
  • Unified Communication (Email, video conferencing/ seminars)
  • Others

By Deployment segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

  • Private Cloud
  • Public Cloud
  • Hybrid Cloud
  • Community Cloud

By Region segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

North America

Europe

Western Europe

  • The UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest ofWestern Europe

Eastern Europe

  • Russia
  • Poland
  • Rest ofEastern Europe

Asia Pacific

  • China
  • India
  • Japan
  • Australia&New Zealand
  • ASEAN
  • Rest ofAsia Pacific

South America

  • Argentina
  • Brazil
  • Peru
  • Chile
  • Rest ofSouth America

Middle East

  • UAE
  • Saudi Arabia
  • Egypt
  • Rest ofMiddle East

Africa

  • South Africa
  • Nigeria
  • Morocco
  • Tunisia
  • Kenya
  • Rest ofAfrica

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About Astute Analytica

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Killexams : InEight Leverages 3CLogic Voice Solution for...

Integrated construction management software leader enhances operational efficiency and mitigates costs by migrating onto single cloud call center solution with rich integrations to its CRM and Customer Service Management platforms.

3CLogic, the leading voice-enabling and cloud contact center solution for CRMs and customer service management platforms, today announced the deployment of its platform by InEight, a leader in construction project management software leveraged in over 60 countries and trusted on over $1 trillion in projects worldwide. The latest technology partnership will support both its sales and support operations while integrating with its two primary workforce platforms, ServiceNow® and Salesforce®, for teams located across the United States, Australia, and Sri Lanka.

Leveraging a combination of different voice and call center offerings across both its customer support and sales teams, the organization struggled with streamlining its daily operational workflows due to growing sales opportunities and a desire to scale inbound experiences for a global footprint. More importantly, limited voice integrations with both Salesforce Sales Cloud and ServiceNow Customer Service Management left a heavy dependency on manual work for routine tasks, such as on-call scheduling, impacting the overall productivity of both departments. The use of multiple call center platforms without meaningful integrations to the company's primary systems of record also complicated the ease with which it could generate meaningful reporting insights without a heavy reliance on data exporting and Excel spreadsheets.

"InEight is always seeking to optimize the level of service it provides to its current and future global customers," states Scott Workman, Chief Administrative Officer. "The latest deployment of 3CLogic's voice and cloud call center solution for our support team is in keeping with that commitment by offering a unified solution that will enable a more personalized and faster form of response and service, while reducing our cost of operations through automation, more efficient support workflows, and enhanced analytical insights."

Per a latest 2022 study1, 72% of individuals list calling as their preferred method of contacting an organization, with 27% of consumers reporting an increase in their use of call centers for services. Yet many sales and customer service representatives list technology as one of the primary hurdles preventing them from meeting customer needs and expectations.

"Organizations are developing a renewed appreciation for voice as a key engagement channel for both sales and customer support," states Guillaume Seynhaeve, 3CLogic VP of Partnerships and Alliances. "Successful companies are making sure to include it as part of their digital transformation strategies in order to maximize the overall performance of their various teams while delivering the level of sales and service customers have come to expect."

As part the deployment, InEight will be able to enjoy several enhancements including:

Automation of On-Call Scheduling with ServiceNow CSM – integration with ServiceNow's native On-Call Scheduling application to replace the manual use of Excel spreadsheets for staff scheduling and save valuable administrative time.

Salesforce Integrated Sales Dialer – streamlined sales operations through the consolidation of two separate dialing solutions into one leveraging 3CLogic's native dialer and inbound routing workflows with Salesforce's High Velocity application to optimize agent performance.

Integrated Voicemail Transcription and Assignment with Salesforce Sales Cloud – automatic voicemail transcription and creation of a Salesforce task for all incoming sales inquiries to reduce the time to respond while eliminating mundane work for the sales team.

Integrated Call Reporting with ServiceNow and Salesforce – integration of call data and KPIs with both ServiceNow and Salesforce to enable a consolidated view of engagement activities across both sales and support for easy insights into operational performance.

3CLogic is a ServiceNow Technology Partner available on the ServiceNow Store and a Salesforce AppExchange listed solution. For more information, please contact info@3clogic.com.

About 3CLogic

3CLogic transforms cloud platforms or CRMs by seamlessly integrating voice with existing digital channels. Its innovative solutions extend CRM and data platform capabilities for Global 2000 firms by enabling advanced and scalable features such as optimized self-service experiences, virtual and live agent interactions, and conversational analytics. For more information, please visit www.3clogic.com.

About InEight

InEight provides field-tested project management software for the owners, contractors, engineers and architects who are building the world around us. Over 575,000 users and more than 850 customers worldwide rely on InEight for real-time insights that help manage risk and keep projects on schedule and under budget across the entire life cycle. From pre-planning to design, from estimating to scheduling, and from field execution to turnover, InEight has powered more than $400 billion in projects globally across infrastructure, public sector, energy and power, oil, gas and chemical, mining, and commercial.

_________________________________
1 Contact Center Satisfaction Index 2022 I CFI Group

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Killexams : The Best Cities for International Business Trips
02 August 2022

A new study demonstrates the top ten cities around the world that accommodate for business travel.

In 2020, business travel decreased by 61 per cent but still added £382 billion to the economy. According to Deloitte’s corporate travel report, the top drivers for a return to international travel are sales visits, leadership meetings and client project work.

Additionally, popular “work from anywhere models” demonstrated by brands such as Spotify, Twitter and Salesforce have created a new workforce of “digital nomads” who can vary their working location throughout the year. Indeed, in 2020 an MBO Partners study showed that almost 11 million American workers consider themselves “digital nomads”. This is up from 4.8 million in 2018.

What Makes a City Suitable for Business Trips?

The top 50 most populated cities around the world were scored on key metrics including the cost of a three-course meal, average obtain speeds and the number of WeWork spaces.

The research, commissioned by Dojo, also took into account average hotel costs and ratings, closest airports, average taxi fares and reported crime rates.

Watch the Video

1. Singapore

Singapore takes the top spot with an overall index score of 79.3 out of 100. This city is considered a global hub for industries like telecommunications, finance and education. It’s also a popular choice for regional HQs for the Asia-Pacific area, with more than 40 per cent of Fortune 500 companies choosing it as their APAC headquarters.

Singapore has a high average internet speed of 85.4 Mbps and 14 WeWork spaces to choose from.  A three-course meal will set you back £45.

2. Seoul

Seoul, located in South Korea, came in a close second place with a score of 79 out of 100. This city offers rapid internet speeds of 116.86 Mbps, and is home to 17 WeWork spaces. The average airport rating is 7.66 and hotel rating is a high 8.17 out of 10.

The International Trade Administration warns business travellers that, as traffic congestion is a persistent problem within the city, this should be factored in when travelling to business appointments.

Image

Picture: a photograph of Seoul's skyscrapers behind a "Seoul" sign. Image Credit: Pexels

3. Tokyo

Home to some of the largest companies in technology and the automotive industry, Tokyo comes in third overall with the highest internet speed of 146.53 Mbps. The average hotel rating in this city is 8.21, and it has a very low crime score of 23.37/100.

Corporate Traveller notes that Japan is still very much a cash-based society, so it’s advised that you have cash ready to pay for meals and taxis.

4. Delhi

Delhi ranks in fourth with an overall index score of 72.3 out of 100. The price of your dinner in Delhi is one of the cheapest costing only £15 and a taxi journey is also affordable at only £1.29. However, the internet speed is just 28.59Mbps which might mean your work takes a little longer than usual.

A survey by OYO, carried out among 1,300 people in June 2022, found that Delhi was the most preferred destination for business travellers in India, closely followed by Bengaluru, Mumbai and Hyderabad.

5. Hong Kong

Hong Kong followed with an impressive 68.5 points out of a possible 100 making this city the fifth best in the world. Internet speeds of 81.97Mbps are slightly above average.

Hong Kong’s key characteristics include its open trade and investment climate and its proximity to Asian markets.

6. Warsaw

Poland is a popular location for business processing centres, shared services centres, and research and development operations.

Businesses are attracted to Poland due to its large population, competitive workforce and location affording access to the wider European Union market of 447.7 million citizens.

A night in Warsaw will cost around £61, and a three-course meal averages at £27.66.

7. Beijing

Scoring 65.3 out of 100, Beijing is home to the largest number of Fortune Global 500 companies in the country.

A major part of Beijing’s economy belongs to the service, financial services and IT sectors.

8. São Paulo

São Paulo is Brazil’s financial capital and one of the fastest-growing cities in the world. The São Paulo Stock Exchange has become one of the ten largest exchanges in the world in market capitalisation.

9. Madrid

Approximately 15 per cent of all tourists in Madrid are visiting for business, and the city welcomes more than one million corporate travellers every year.

The city is also seventh in the International Congress and Convention Association (ICCA) rankings for association meetings by participant numbers and the sophistication of the conference venues.

In Dojo’s list, Madrid scored 62.8 out of 100.

Image

Picture: a photograph of Madrid city from a height. Image Credit: Pexels

10. Bangkok

Rounding off the top ten list is Bangkok, Thailand’s capital. This city has a particular business focus on manufacturing, property, transport and retail.

Business travel is not recommended to Bangkok during monsoon season, but instead during the dry months of November to February.

Picture: a photograph that shows a colourful map of the world on a chalkboard. A hand can be seen holding a toy plane across the North American area. Image credit: Pexels

Article written by Ella Tansley | Published 02 August 2022

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Killexams : Revature and Salesforce expand partnership to build a talent pipeline trained and certified in Salesforce B2B Commerce Cloud

Revature

Revature becomes the first Salesforce B2B Commerce Cloud Authorized Training Partner

RESTON, Va., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Revature, the largest employer of entry-level technology talent in the United States, and Salesforce, the global leader in Customer Relationship Management (CRM), today announced a program to train and certify emerging tech talent in Commerce Cloud, a cloud-first solution that allows brands to deliver exceptional digital buying experiences for B2B buyers and rapidly adapt to market dynamics and customer needs.

Revature and Salesforce first partnered in 2020 to build a talent pipeline of certified Salesforce Developers, Salesforce Administrators and Salesforce Consultants to power the Salesforce economy. Today’s announcement expands upon this mission to meet the growing demand for tech talent trained and certified in Salesforce Commerce Cloud using Revature’s industry-leading approach. The program will be rolled out in phases, with the first phase focusing on the B2B Commerce solution and later expanding to other in-demand areas such as Order Management and B2C Commerce.

“At Revature, we train entry-level talent on the most in-demand skills and certifications, with real-world applications on their resume before they ever set foot in a client’s office,” said Anurag Gupta, SVP, Head of Product Partnerships at Revature. “This is exactly what we’ve partnered with Salesforce to accomplish. Online retailing and ecommerce has taken the world by storm leading to a significant demand for technology talent and through this partnership, we are connecting talent with opportunity.”

As a Salesforce Trailhead Authorized Training Partner and Salesforce Talent Alliance Workforce Development Partner, Revature will leverage its best-in-class hire-train-deploy model to recruit, train, certify and place new graduates from its network of 700+ university and college partners. Revature is now the first Salesforce B2B Commerce Cloud authorized Workforce Development and Training Partner.

“Ecommerce has revolutionized the way our world operates, and businesses are increasingly turning to Salesforce B2B Commerce Cloud to help them navigate inherent B2B ecommerce challenges, generate more revenue, and lower costs,” said Don Lynch, SVP, Cloud Solution Alliances at Salesforce. “In expanding our partnership with Revature, we are giving our customers and partners access to proven Salesforce-ready talent to help them power these initiatives.”

To learn more about Revature’s training program for Salesforce B2B Commerce, click here.

About Revature
Revature is the largest employer of emerging technology talent in the U.S. and the talent development partner of choice for Fortune 500 companies, government organizations and top systems integrators. Since its founding, Revature has trained over 10,000 software engineers in 55 technical disciplines, recruited talent from 700 universities, and deployed them to blue chip companies throughout the U.S.

Revature’s mission is to create a pathway for qualified candidates from diverse experiences and educational backgrounds to reach their potential as technology professionals. Graduates of the Revature program work on innovative, challenging and rewarding software development projects across the United States. Revature has committed to training one million developers over the next decade.

Learn more at www.revature.com and follow @WeAreRevature on Twitter and LinkedIn.

About Salesforce
Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360° view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.

Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM." For more information please visit https://www.salesforce.com, or call 1-800-NO-SOFTWARE.

Contact:
Emily Brown
REQ on behalf of Revature
ebrown@req.co

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Killexams : What Type Of Shareholders Make Up Salesforce, Inc.'s (NYSE:CRM) Share Registry?

The big shareholder groups in Salesforce, Inc. (NYSE:CRM) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Companies that have been privatized tend to have low insider ownership.

Salesforce has a market capitalization of US$170b, so it's too big to fly under the radar. We'd expect to see both institutions and retail investors owning a portion of the company. In the chart below, we can see that institutions are noticeable on the share registry. Let's delve deeper into each type of owner, to discover more about Salesforce.

See our latest analysis for Salesforce

ownership-breakdown

What Does The Institutional Ownership Tell Us About Salesforce?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

We can see that Salesforce does have institutional investors; and they hold a good portion of the company's stock. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Salesforce's earnings history below. Of course, the future is what really matters.

earnings-and-revenue-growth

Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. We note that hedge funds don't have a meaningful investment in Salesforce. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 7.8% of shares outstanding. With 6.9% and 5.9% of the shares outstanding respectively, BlackRock, Inc. and FMR LLC are the second and third largest shareholders. In addition, we found that Marc Benioff, the CEO has 2.8% of the shares allocated to their name.

A deeper look at our ownership data shows that the top 25 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Salesforce

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Shareholders would probably be interested to learn that insiders own shares in Salesforce, Inc.. It is a very large company, and board members collectively own US$5.3b worth of shares (at current prices). It is good to see this level of investment. You can check here to see if those insiders have been buying recently.

General Public Ownership

The general public-- including retail investors -- own 18% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that Salesforce is showing 4 warning signs in our investment analysis , you should know about...

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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