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00M-243 exam Dumps Source : IBM Optimization Supply Chain Mgmt Sales Mastery Test v1
Test Code : 00M-243
Test appellation : IBM Optimization Supply Chain Mgmt Sales Mastery Test v1
Vendor appellation : IBM
: 30 existent Questions
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foreign enterprise Machines (NYSE: IBM) sees abilities in blockchain, the disbursed ledger expertise that underlies cryptocurrencies fancy bitcoin. The century-old tech great is a pacesetter in the blockchain market, with over 500 customer engagements to this point. remarkable initiatives include IBM Blockchain World Wire, a platform for go-border funds, and TradeLens, a blockchain gadget for the international transport trade.
an additional remarkable IBM blockchain undertaking is meals believe, a platform that allows quick monitoring of meals from farm to keep. tracking the source of a contamination, fancy recent E. coli outbreaks associated with romaine lettuce, can commonly bewitch days or even weeks. IBM meals confidence can deliver that time right down to seconds, cutting back costs for the trade while doubtlessly saving lives.
a girl in a room full of plants.extra
photo supply: IBM.growing to be the network
IBM meals confidence began as a pilot challenge with numerous meals organizations in 2017. In September of 2018, megaretailer Walmart utterly embraced the platform, atmosphere a timeline for its leafy-veggies suppliers to associate IBM food confidence and enable conclusion-to-end traceability. IBM food possess faith become made commonly available in October, and a pair of more ample companies joined the community. Most mainly, French retailer Carrefour uses IBM meals possess aplomb for a few of its private-label items.
With Walmart leaping on board, it turned into best a count of time before other supermarket chains adopted swimsuit. This morning, IBM introduced that Albertsons businesses, a privately owned chain of roughly 2,300 outlets, would start piloting meals possess faith for tracing bulk romaine lettuce from considered one of its distribution centers. If every bit of goes well, Albertsons will explore increasing to other meals classes.
food possess faith creates digital statistics of transactions and interactions. These information may too consist of packaging dates, temperature readings, and dates of arrival at a food market. The aim is to rotate the inefficient process of monitoring down the dwelling a foodborne disorder originated into a good, digitized manner that may bewitch contaminated products out of circulation immediately. The outfit can additionally aid reduce food squander and meals fraud (the deliberate tampering with or misrepresentation of meals).
Albertsons sees food believe as a manner to build believe in its personal brands while proposing improved transparency for its valued clientele. "Blockchain know-how has the capabilities to be transformational for us as they extra build differentiation on their clean manufacturer. ... in addition, the provenance of the items enabled by using blockchain -- the capacity to track every movement from the farm to the customer's basket -- can be very empowering for their shoppers," spoke of Albertsons chief assistance officer Anuj Dhanda in IBM's press unlock.The probability for IBM
The network impact, whereby the extra americans exhaust a product or provider, the more helpful that product or service becomes, is a magnificent aggressive advantage. meals believe becomes greater compelling for grocery chains and other meals give chain participants as more groups be a section of the community. truly, it starts to rotate into imperative as colossal chains fancy Walmart mandate its exhaust for suppliers.
If meals possess faith ever reaches crucial mass, becoming the de facto customary within the food business, IBM may possess a platform that generates fees and may be very intricate to disrupt. it's just about the ultimate variety of trade there's.
It continues to be to be viewed whether IBM can proceed to grow food possess faith into an trade commonplace. but with Albertsons joining the community, the odds just obtained a bit bit enhanced.
more From The Motley fool
Timothy eco-friendly owns shares of IBM. The Motley idiot is short shares of IBM. The Motley fool has a disclosure policy.
Albertsons corporations, some of the greatest food and drug agents within the U.S., is joining the blockchain-based mostly IBM meals confidence community to aid sustain track of items within the food supply chain corresponding to romaine lettuce.
That’s essential, as tainted romaine hospitalized dozens of american citizens in late 2018. With the transparent decentralized ledger know-how of blockchain, IBM may be capable of extra exactly tune the dwelling meals originates and goes, from farm to store shelf.
The addition of Albertsons agencies to the IBM food confidence network brings greater than 50 brands across the food ecosystem to blockchain-based mostly food traceability. it's going to succor permit greater transparency and collaboration, and sooner or later, a safer meals deliver chain, the groups noted.
Blockchain is a device of listing that may too be used to trace and authenticate objects as they stir in the course of the provide chain. It creates a digital record of every transaction or interplay – from a packaging date to the temperature at which an particular turned into shipped, to its arrival on a grocery store shelf.
This accelerated transparency can ply a great latitude of food satisfactory concerns, from food safeguard to freshness, to verifying certifications corresponding to organic or unprejudiced change, to squander reduction, sustainability, and more.
The expertise is getting used to acquire the conclusion-to-end food ecosystem greater transparent and devoted. It has the talents to seriously change broad, nationwide food remembers into effective, specific eliminations of recalled products. Already, more than five million meals items were traced on the solution.
Albertsons agencies, which operates pretty much 2,300 shops across the U.S., will start piloting IBM meals possess aplomb for tracing bulk romaine lettuce from one in every bit of its distribution facilities, then determine expanding to different meals categories every bit of through its distribution network.
image credit score: IBM
“Blockchain technology has the abilities to be transformational for us as they additional build differentiation on their fresh manufacturer,” stated Anuj Dhanda, chief information officer of Albertsons organizations, in an announcement. “meals security is a very ample step, though the provenance of the products enabled by passage of blockchain, the capacity to tune every circulate from the farm to the client’s basket, will too be very empowering for their customers.”
Albertsons groups plans to pilot IBM food believe to assist overcome the existing limitations to a traceback for a product fancy romaine and is investigating ways to exhaust the expertise to champion be confident the provenance of its huge own brands portfolio.
A blockchain community is strongest when it includes numerous, diverse participants that configuration a transacting ecosystem. it truly is why IBM meals confidence makes it possible for organizations from throughout the meals ecosystem to be section of and partake data. Already, some IBM meals believe participants either recommend or mandate that their give chain partners, akin to downstream suppliers, be section of the network. here's intended to carry a greater finished view of the complete lifecycle of a meals product.
“in view that first introducing IBM food believe, they now possess met a few milestones that exhibit the path toward transforming the end-to-conclusion food equipment,” pointed out Raj Rao, everyday manager of IBM food believe, in a press release. “today, we're further scaling the network to convey blockchain-primarily based traceability to an even wider pass-portion of retailers, suppliers and discontinuance consumers. with the aid of working with the redress dealers in every unique dwelling the world, IBM food believe is definitely assisting to give a safer and extra transparent food device for all.”
IBM meals confidence allows for companies to onboard by means of loads of alternatives, together with offering guided onboarding to aid manufacturers personalize their options and involving IBM features for consulting abilities. as soon as onboarded, contributors possess access to software programming interfaces (APIs) and developer tutorials, which are overtly attainable on-line through IBM DeveloperWorks to ease integrations with third-birthday celebration applied sciences, enterprise programs, and other records sources.
IBM food possess aplomb is among the greatest and most lively non-crypto blockchain networks nowadays. it is obtainable as a subscription service for members of the food ecosystem.
February 08, 2006 10:01 ET
ARMONK, ny -- (MARKET WIRE) -- February eight, 2006 -- IBM these days announced that it will enhance its company Transformation Outsourcing (BTO) capabilities within the $23.5 billion marketplace for supply chain optimization and management services throughout the acquisition of Viacore, Inc., a number one provider of trade manner integration solutions for actual-time provide chain visibility. monetary phrases of the acquisition possess been no longer disclosed.
closing 12 months IBM delivered the world's first provide-chain BTO capacity, tapping into its wealthy interior provide chain journey, consulting expertise, and analytics technologies, to champion corporations operate and manage end-to-end provide chain processes. The Viacore acquisition expands IBM's capabilities, specifically within the electronics and retail industries, by using enabling a consumer and its deliver chain companions to with no trouble trade tips on potential, stock, creation, sourcing, delivery, forecasting, and planning in true-time. This competence allows communities of provide chain companions to in the reduction of fees, better responsiveness to shoppers and forge extra tightly built-in relationships.
"constructing a responsive, built-in deliver chain that operates in true-time with suppliers, companions and purchasers, is a tremendously involved proposition that requires a divide aggregate of consulting, technology and features talents," stated bill Ciemny, vice chairman for global deliver Chain BTO options at IBM. "With the acquisition of Viacore, IBM provides to an already well-dependent portfolio along with internal and exterior colleague capabilities that presents valued clientele the possibility to outsource their give chain, whereas they continue to headquarters of attention on innovation and their core potential."
"Viacore's company process integration options possess helped their customers create dynamic supply chains that bring massive can charge, responsiveness and productivity advancements," stated Fadi Chehadé, CEO of Viacore. "we possess enjoyed a collaborative earnings and marketing relationship with IBM for a few years, and their combined efforts will create a better value proposition for groups trying to develop a aggressive abilities via provide-chain trade Transformation Outsourcing."
IBM's give Chain BTO offering helps valued clientele optimize company processes from procurement and logistics to approach and planning. IBM has the world's biggest supply-chain administration consulting follow, with over 8,000 consultants. These consultants draw on the collective handicap of IBM's 15,000 inside deliver chain consultants across the company to carry BTO functions to shoppers.
enterprise Transformation Outsourcing (BTO) transforms customer corporations and provides trade optimization through innovative company and know-how methods. the usage of its international network of abilities, industry-leading consulting methodologies, analysis and engineering capabilities, advanced technologies and analytical tools, IBM's BTO capabilities standardize, streamline and enrich company techniques. IBM BTO capabilities transform key trade services including Finance and Accounting, customer Relationship administration, give Chain, Procurement and Human components. IBM provides BTO capabilities to many of the world's main organizations, and over the eventual 4 years has made a number of strategic acquisitions and investments to extend and acquire stronger its capabilities, including the acquisitions of PwC Consulting, Daksh eServices, Liberty assurance functions Corp., Maersk facts, Key MRO, Equitant and Healthlink.
IBM is the realm's biggest suggestions technology company, with eighty years of management in helping companies innovate. Drawing on materials from across IBM and key IBM trade companions, IBM presents a ample orbit of functions, options and technologies that enable consumers, huge and small, to bewitch full skills of the new era of on demand enterprise. For more counsel about IBM, argue with http://www.ibm.com.
About Viacore, Inc.
Viacore, Inc., a frontrunner in procedure integration and administration, offers BusinessTone, a comprehensive on-demand solution for global 2000 businesses that should abruptly and price-without problems combine guidance and strategies during their prolonged organizations. BusinessTone speeds implementation and helps reduce a company's risk through leveraging a different implement set known as the BusinessTone administration device. The BTMS changed into developed particularly to tackle the wants of managing advanced colleague on-boarding projects in addition to to manipulate excessive-quantity, precise-time process flows. Viacore's BusinessTone purchasers include trade leaders comparable to Amkor, Arrow Electronics, Cisco systems, The gap and Qualcomm.
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In a history that stretches over more than 70 years, the Sappi Group has grown continuously with a string of acquisitions. Today the corporate group unifies a variety of previously independent production facilities. Its IT landscape is just as involved and unique as its business. To balance the load on its operations as efficiently as possible and to optimize the value chain in South Africa, Europe, North America, and the Asia-Pacific region, the paper manufacturer uses SAP software. Along with SAP R/3 and trade intelligence functionality from SAP, the company uses mySAP Supply Chain Management (mySAP SCM) and mySAP Customer Relationship Management (mySAP CRM) to champion its logistics, sales, and distribution processes. SAP Advanced Planning & Optimization (SAP APO) supports the simulation of requirements and SAP Enterprise Buyer (SAP EB) serves as the basis for the group’s comprehensive purchasing portal. Electronic data interchange (EDI) and archive solutions enhance the IT environment. Overall, the SAP landscape at Sappi consists of 30 systems spread over 100 CPUs.Two divide landscapes stir toward each other
Currently, the paper manufacturer’s SAP environment is split in two. One environment serves users in South Africa; another environment serves employees in Europe, North America, and the Asia-Pacific region. Until the drop of 2005, two different service providers in South Africa and Europe operated the SAP installations. But the medium-term goal at Sappi is to consolidate its SAP landscapes into one worldwide system to enable uniform trade processes for its numerous locations around the world. That’s why the group looked for a service provider that could operate both landscapes from one source and ultimately merge them into a global installation.The selection was T-Systems Austria. The company made a convincing case for itself because of its resilient pricing, which enabled Sappi to forecast its costs exactly. Its service offering was too impressive. “The decisive factors included a cost-effective solution, very resilient and customer-focused service, and on-site assistance,” says Guido Lauwers, the CIO of the Sappi Group. He believes the group’s SAP installation is in safe hands at T-Systems Austria. “T-Systems bends over backwards for Sappi,” says Lauwers.Even before the contract was signed in the summer of 2005, the service provider proved itself when Sappi needed to implement new software. Without any bureaucratic haggling, the T-Systems team set up the new infrastructure and installed the software – even before it had taken over operations of the SAP installation in South Africa. The SAP team at Sappi simply had to execute attribute assurance, which it could accomplish over remote access.No risk for day-to-day business
One of the conditions for the transfer of the SAP landscape was keeping the existing IBM AIX system platform. Sappi did not want to accept any risk to the day-to-day operations of core SAP functionalities, such as materials management, fiscal accounting, and human resources or to SAP APO by migrating the operating system. Given the involved system layout, which includes a great number of interfaces and scripts, the trouble needed to install a new operating system and the danger of errors were unacceptable risks.In the T-Center computer center, IBM p5 servers serve as the basis for the cluster computers and database servers of the Sappi installation. Because of its modular system nodes and dynamic portioning abilities, the architecture serves as a platform for the adaptive computing concepts of T-System customers. Sappi uses adaptive computing in a targeted manner with database services and SAP APO. For the most part, the applications run on HP Blade servers with Intel processors on Linux, which too provides resources for flexible, customer-independent adaptive computing.Because the paper manufacturer uses SAP software as a strategic platform for every bit of its trade processes – from procurement to payroll accounting – its SAP installation is one of the most functionally comprehensive in the computer headquarters of T-Systems. The involved computer infrastructure demands safe documentation and effective monitoring to avoid disruptions to operations and to redress errors quickly.Transferring data halfway around the world
The greatest challenge of the project was transferring data from group headquarters in Johannesburg, South Africa to Vienna, Austria. The transfer involved stirring a terabyte of data just for the production systems; the development and test systems required were two-and-a-half times that volume. Because Sappi planned to covert the South African applications in September 2005, the migration had to be complete only eight weeks after the contract was signed. By the discontinuance of 2005, the data had to be moved to Vienna for the SAP users in Europe, North America, and the Asia-Pacific region who previously used systems operating in Schweinfurt, Germany.The project began in July 2005 with the design of the system, hardware installation, and testing. The data was placed on storage media and flown from South Africa to Vienna. It was then migrated to the new systems over one weekend. “The different approaches to travail caused by cultural differences were a special challenge to their team. They were taken into account as section of the transition facet in the various regions of Europe and South Africa and played an distinguished role in the project. Despite the impeccable mastery of every bit of technical and highly involved requirements, they ultimately focused on the human beings involved, which is proper of every bit of global projects undertaken by T-Systems,” says Larissa Gaugl, transition manager of the project.Ahead of schedule
Although the project involved 30 SAP systems halfway around the world, T-Systems Austria completed the conversion facet as planned. This successful conversion project earned the service provider third dwelling in the International Project Management Award (IPMA) in Shanghai, China.The system landscapes for South Africa and those for Europe, North America, and the Asia-Pacific region now run in parallel on divide infrastructures in the T-Center computer center. Integration of the applications on a foundation of mySAP ERP 2005 is planned for September 2007. Sappi is too considering an upgrade to SAP NetWeaver 2004s.Today, 5,500 Sappi employees on four continents access the SAP infrastructure in the computer headquarters in Vienna in parallel. The group has only one contact person for every bit of questions about the operation of its corporate solutions. And Sappi has moved one step closer to meeting its goal of consolidating its SAP landscape around the world and setting up uniform trade processes. As CIO Lauwers says, “After one year of operations, I can clearly whine that this outsourcing project has reached its planned objectives. Sappi was able to reduce its outsourcing costs substantially and took an distinguished step toward the realization of a unique SAP system. T-Systems has proved itself to be a existent colleague by creatively working together with Sappi to develop solutions. Sappi has a very involved environment and tends to implement the newest tools from SAP. Although the right learning is not always available for the tools, T-Systems puts the necessary resources in dwelling to implement the tools successfully.”Karl Strässler
THE WORLD IS TRANSFORMING 2017
The world is transforming and they are in the middle of the unique largest transformation the world has even seen since the Industrial Revolution nearly 250 years ago. ample Data powered by synthetic Intelligence (AI) and Machine Learning is the next natural resource, fancy air, oil, water, and the convergence of ample Data and Cloud with AI and Machine Learning is a potential multi-trillion-dollar opportunity.
AI is transforming the passage businesses are defined, designed and delivered and enterprise value is captured. The trend is accelerating as a recent research from Gartner estimates that customers will be able to manage 85 percent of the interactions with an enterprise without human intervention by 2020. In the years to come, enterprises will adopt a differentiated IT strategy by implementing AI and exploring the potential of ample Data.
TOP STRATEGIC IT INDUSTRY FORECASTS
• According to a new research by Salesforce ‘State of the Connected Customer, 57 percent of consumers hope voice-activated smart assistants to possess a major or qualify repercussion on their daily lives by 2020.
• Gartner predicts that 30% of every bit of companies will employ AI to augment at least one of their primary sales processes by 2020.
• According to Gartner, 20% of companies will dedicate workers to monitor and sheperd neural networks by 2020.
• As per McKinsey, the total annual external investment in AI was between $8B-$12B in 2016, with ML attracting nearly 60% of that investment.
• IBM Watson forecasts a $2 trillion chance in the ML market over the next decade.
• IDC estimates that by 2020, transactions on the internet will gain 450 billion per day and enterprise-generated content will exceed 240 exabytes i.e. 240 billion gigabytes daily.
• A survey by Veritas states that over 70 percent of enterprises has the conviction that cloud is no more ‘optional for companies to remain competitive. • According to IDC, 60 percent of ML will run on Amazon, Google, IBM, or Microsoft by 2020.
IDC predicts that the Cognitive Systems and AI market will grow from $8 Billion in 2016 to $47 Billion in 2020. Forrester predicts a 300% increase in AI investments in 2017 compared to 2016.
"We are entering a new world. The technologies of machine learning, speech recognition, and natural language understanding are reaching a nexus of capability." –Amy Stapleton, Independent Industry Analyst : Opus Research
Information and communications, Manufacturing and fiscal Services are the early adopters of AI and will observe the highest growth rates driven by AI in 2035. (Source – McKinsey and Accenture Research).
AI can acquire immediate contributions towards faultfinding trade decisions leading to increased profitability for the organizations. Some of the areas where the repercussion of AI can be felt almost immediately are supply chain management, forecasting, inventory optimization and production scheduling in Manufacturing, improving efficiencies by reducing the errors in repetitive, manual tasks including credit scoring and first-level customer inquiries for fiscal services. AI drives significant cost, time and process-related savings rapidly for every bit of the industries. Availability of high-speed bandwidth, computing resources and growth in ample Data are the three key drivers for synthetic Intelligence and will continue to fuel AI implementation by enterprises for long term benefits.
The current AI wave is poised to finally wreck through
Investment in AI is growing at a elevated rate, but adoption in 2017 remains low
AI is a broad term that encompasses a lot of technologies with different capabilities to champion determination making. One such technology is Machine Learning. Machine Learning implementation will grow as Machine Learning as a Service (MLaaS) and is estimated to grow from USD 613.4 Million in 2016 to USD 3,755.0 Million by 2021, at a CAGR of 43.7% from 2016 to 2021.
ML contributions across industries cover orbit of functions fancy customer services, sales & marketing, production challenges, data analysis and predictive analysis for determination making. The data loaded organizations possess a pellucid handicap because of MLs competence to learn and better continuously.
Exponential Data Growth in terms of unstructured data and real-time data from IoT networks, and economics of digital storage and cloud computing are growth drivers for ML across industries. According to Gartner, 80% of enterprise data is unstructured and faultfinding for strategic trade decisions, further adding to an inevitable exigency for ML implementation.
IDC estimates that worldwide revenues for ample Data and trade Analytics will grow from $130 Billion in 2016 to more than $203 Billion in 2020, at a CAGR of 11.7%. great companies will be the primary adopters of the ample Data opportunity, expected to generate revenues exceeding $154 Billion in 2020.
Big Data is making an repercussion across various trade operations fancy customer sentiment analysis, hyper-personalized customer experiences, reducing churn rate of customers, understanding buying and media preference of customers, and fraud and risk management to mention a few. The major drivers for ample Data are trade needs of innovation, potential for new insights and growth of data in various formats with huge potential to contribute to profitability of businesses.
As per Gartner, public cloud services market is poised to grow up from $209.2 Billion in 2016 to $246.8 Billion in 2017. Infrastructure as a service (IaaS) will continue to drive highest growth and is projected to grow 36.8 percent in 2017 to gain $34.6 Billion.
SaaS will continue to grow as second largest segment in cloud services market. Cloud services market will suffer additional demand to migrate existing in-house infrastructure to the cloud because of synthetic Intelligence and Internet of Things (IoT).
THE CONVERGENCE IS existent NOW
Data is growing faster than ever before. According to Marketing Cloud report by IBM, 90% of the data in the world today has been created in the eventual two years alone. Today, less than 1% of the worlds data is analysed, according to Digital Universe Study. Implementing AI technologies possess the competence to harness the full potential of data.
AI and Machine Learning possess been discussed for decades but the convergence of ample Data and Cloud with AI and Machine Learning is existent now for three reasons:
a. Computing power: Computing resources available today are exceptional. With access to technologies fancy AWS, Microsoft Azure, computing power is no longer a constraint.
b. Bandwidth: Better availability of elevated bandwidth has positively impacted accessibility.
c. Data: Access to great volumes of unstructured and structured data is changing the information landscape at their disposal.
THE PARADIGM SHIFT
The eventual generation of trillion dollars were created out of traditional Indian IT technology businesses that were focused on back-end and costs. The next trillions of dollars will be created by front-end innovation driven technology companies focused on value.
AI is going to transform businesses faster than ever and the first signs of this transformation are seen in sectors like:
Energy: Advances in disruptive technologies will observe potential challenges in Energy sector getting resolved. For instance, U.S. Energy Information Administration says that buildings account for 48.7 percent of overall energy consumption, more than any other industry. Powerful computation models built on ample Data and Cloud can succor reduce dependency on energy, availability, costs and consumption.
Lifesciences & Pharmaceuticals: The exhaust of transformative technologies to understand the complexities that arise from the combination of a variety of data from areas fancy clinical research, plants and animal genomics could divulge completely innovative approaches to treatment of diseases.
Data Infrastructure: There is a huge chance for Information Management in the areas fancy Data storage, Fraud Detection and Prevention, Compliance Reporting, Risk Management to appellation a few.
THE TECHNOLOGICAL DISRUPTION
AI will define industries both new ones and old-fashioned leveraging ample Data, Cloud and Machine Learning to transform data into a valuable learning asset and a leaven for disruption. Every human life and trade in this world will be transformed with this disruption and millions of transformative businesses will be created. The result is a plucky new world and a transformation of an old-fashioned world.
The chance - Discovering AI is the new normal
As the world transforms, businesses are going to discontinuance up with ‘haves and have-nots in the AI space. There will be businesses with resources to implement AI solutions and exhaust AI to procure to decisions, and there will be businesses standing quiet in the have-not space. According to a Forrester report "Predictions 2017: synthetic Intelligence Will Drive The Insights Revolution", businesses adopting AI will bewitch revenues worth $1.2 trillion per annum from their less informed peers by 2020. Discovering the power of AI for your trade will be the new normal.
Your company solves the worlds involved and most keen trade challenges with AI, transforming organizations into "AI-first" leaders by enabling its customers to create AI solutions that transform their businesses and industries. Your companys products and services address every bit of the transformational AI needs of an organization — from strategic workshops and ready-to-deploy solutions, to implementation of transformative trade solutions through its AI as a Service (AIaaS) leveraging ample Data, Cloud & Machine Learning experience.
Businesses exigency a lot of elements to implement AI. They exigency an factor of ample Data and Cloud which is provided by Cambridge Bigdata where your company serves enterprise clients, then they exigency the elements of Cambridge Bizserve that allows to manage data, then they exigency elements of innovation offered by Cambridge Innovations that succor businesses leapfrog and most importantly, draw insights to bewitch the decisions, offered by Cambridge DataScience. Your companys offerings fitting together because of its understanding towards the entire lifecycle of a business.
Building the Foundation
In 2015, your company envisaged a two-year trade scheme for 2015-16 and 2016-17 to focus on three areas – building partnerships, acquiring referenceable clients in its chosen verticals and acquiring apposite expertise in technologies. In 2016-17, your company achieved the revenues of INR 100 crores while serving marquee enterprise clients fancy Schneider Electric, Hills Pet Nutrition and Iron Mountain. In the eventual two years, your company has achieve together the foundation that allows it to be better prepared to bewitch handicap of the market opportunity.
Through its colleague network, your company gains access to the best technology framework and solutions, strengthening its delivery capabilities.
Amazon Web Services: Your company has developed profound relationship with AWS spanning every bit of disciplines in the organization and has invested consistently in the AWS technology stack. Your company has successfully delivered several projects on AWSs technology, including; Redshift, SaaS applications, Dev/Test and QA environments, Architecture Design and Implementation, BI/BA, S3, Glacier and more. Your company is committed to continue building its AWS relationship and leveraging technology for the benefit of its customers. In 2017, your company has further strengthened its relationship with AWS by achieving ample Data Competency Status, Oracle Enterprise Applications Competency Status, DevOps Competency Status and Managed Service Provider Status.
Atlassian: As an Atlassian Solution Partner, your company will be consulting, implementing and delivering solutions to customers, enabling them to unleash their teams potential. By leveraging products fancy by JIRA Software, JIRA Service Desk, JIRA Core, Status Page, Confluence, Trello and HipChat, customers are able to quickly collaborate on various issues and suffer better project transparency.
Apica: Apica is a leading provider of monitoring and load testing software. Your companys partnership with Apica will assist its customers to determine maximum capacity limits, monitor daily performance, establish performance benchmarks, reduce trade risks and optimize infrastructure investments, resulting in lower bounce rates and higher revenues.
CA Technologies: Your company has joined CA Technologies colleague program to leverage their broad array of leading edge solutions. Partnering with CA gives its customers access to technology and technology experts that expands and accelerates their technology adoption cycle personalized for their specific needs.
ForgeRock: Your company has joined ForgeRocks colleague program to leverage ForgeRocks identity solutions.The partnership provides both existing and new customers with an added array of application migration, development and managed services offerings coupled with ForgeRocks Access Management, Identity Management, Identity Gateway and Directory Services. This will succor customers that are looking for end-to-end solutions to bewitch handicap of their full suite of offerings.
Microsoft Azure: Your company provides Microsoft Azure deployment and migration services to succor clients reduce cost and rapidly build, deploy and manage applications across a global network of Microsoft-managed data centers. Your company specializes in Cloud Assessment, Cloud Roadmap & Strategy, Cloud Migration and Consulting, Analytics, ample Data on Cloud and IoT.
New Relic: Your company joined the New Relics colleague program in 2014 and has been using New Relic technology since 2013. By incorporating New Relics solutions, your company benefits from an increased top line and faultfinding product differentiation. Your company includes New Relics functionality in its offerings to provide monitoring capabilities to a great percentage of its customer base. Oracle Gold Partner: Your company has obtained Gold colleague status with Oracle making it eligible to develop, sell and implement the full stack of Oracle products and solutions.
Pentaho: Your company has partnered with Pentaho which allows it to apply Pentahos trade intelligence offerings to meet its customers exigency for powerful trade analytics and data integration. Pentaho, a Hitachi Group company, is a leading data integration and trade analytics company with an enterprise-class, open source-based platform for diverse ample data deployments.
Rackspace: Your company has joined the Rackspace colleague Network to provide its customers with a portfolio of Hybrid Cloud solutions. Rackspace is a leading provider of hybrid clouds, which enable businesses to run their workloads where they run most effectively – whether on the public cloud, a private cloud, dedicated servers, or a combination of these platforms.
Tableau: Your company has obtained the status of Preferred Alliance colleague with Tableau making it eligible to integrate Tableaus software into its Cloud and ample Data solutions that it deploys to succor clients unlock the power of data. The partnership will combine the global talent pool and client gain of your company with Tableaus breakthrough analytics technology.
Focused on verticals: Your company has added a referenceable client in each of its verticals - Energy and Utilities, Life Sciences & Pharmaceuticals, Industrials, BFSI and Data Infrastructure.
Certified Workforce: Your company is one of the few organizations in the world with 100 percent AWS certified Cloud Operations headquarters with the competence to provide 24/7 management of Public, Hybrid and Private cloud architectures.
Certifications and Accreditations: Your company is appraised at the flat 5 of the CMMI Institutes Capability Maturity Model Integration (CMMI) v1.3 for its services. This indicates that CTE is operating on highly "Optimized" processes. There are only~30 companies appraised at this flat for services in India.Your company is too certified withISO 9001:2008, ISO 27001:2005 which affirms that your company is highly committed to trade solutions and processes it follows in serving its clients.
Global Presence: In line with providing its global clients access to 24/7 development cycle, your company reinforced its U.S. presence and expanded its offshore delivery centers in India.
Your company is pleased to broadcast its Vision 2020. For their Vision 2020, your company will focus on the following: a. Organic Growth: Over the next three years, on an average, your company expects an annual revenue of $10M approximately from each of its four growth drivers i.e. Cambridge Bigdata, Cambridge Bizserve, Cambridge DataScience and Cambridge Innovations. b. Upside from equity: Your company believes it will bewitch 3-5 years to generate liquidity from its investments.
c. Inorganic Growth: Your company has the potential to explore inorganic growth opportunities.
Your company expects that the above three revenue streams will yield results in the next three years to hopefully achieve $50M revenues with focus on profitability.
Your company gives organizations unparalleled access to cutting-edge technology by bringing together the best-in-industry using its years of expertise in building solutions for some of the worlds largest and most innovative enterprises. Your companys expertise across multiple domains makes it the preferred selection for organizations seeking an AI colleague to innovate and leapfrog the market.
THREATS, RISKS & CONCERNS
The potential threats and risks are usually aligned either to change in the external environment such as changes in the technology/customer preferences/business dynamics or finding the right talent and retaining them. Your company is well positioned to minimize the potential identified threats and risks, and the passage it does is circumstantial below:
Changing Technological Trends
With the stirring pace of technology and the passage these variables change with time, it becomes imperative for the service provider to sustain up with the pace and adopt the learning curve. They constantly endeavor to abide ahead of the technology curve by building capabilities to meet the current and future needs of their customers.
At CTE, every bit of employees undergo apposite set of trainings imperative to serve the existing and future trade needs. This helps greatly minimize the risk of change of technology.
Attracting and Retaining Talent
Finding the right benevolent of talent and retaining them could pose a challenge for any trade fancy ours. The dynamic nature of technology, increasing demand from clients, etc., warrants the company to focus on finding the right benevolent of talent and their retention for its existence and delivering sustainable growth. Hiring the best of the breed talent forms the core faith at CTE.
Exchange rate risk
A substantial section of the CTEs revenues accrues in US dollars, therefore inevitably exposed to fluctuations in exchange rates of alien currency. Any major change in alien currency exchange rates will possess an repercussion on the companys earnings.
The IT Services industry is intensely competitive with local and MNC players having a sizable presence. Competitive pressure could adversely paw pricing strategy for services impacting growth and profitability. Over the years, CTE has developed profound domain learning and delivery capabilities with skilled workforce which has made the organization to remain competitive.
CONSOLIDATED fiscal HIGHLIGHTS
Snapshot (In INR Lakhs)Revenue 10060.36 6582.49 53% Total Expenditure 7854.94 5439.60 EBIDTA 2205.42 1142.89 93% Tax Expense / (Tax Benefit) 376.17 (251.21) Net Profit 1688.30 905.69 86% Fixed Assets 860.96 1900.45 Reserves & Surplus 2569.02 1915.82 34%
Revenue increased by 53% to INR 10060.36 Lakhs for the year ended 31st March, 2017 as compared to INR 6582.49 Lakhs for the selfsame era eventual year. b. Net Profit & Reserves and Surplus
Net Profit increased by 86% to INR 1688.30 Lakhs for the year ended 31st March, 2017 as compared to INR 905.69 Lakhs for the selfsame era eventual year. As a result of increase in the consolidated profit, Reserves and Surplus possess increased from INR 1915.82 Lakhs in FY 2015-16 to INR 2569.02 Lakhs in FY 2016-17. Accumulated losses and unamortised goodwill as on March 31, 2016 possess been adjusted against balance of Securities Premium Account. c. Fixed Assets
Net fixed assets stood at INR 860.96 Lakhs as on 31st March, 2017 compared to INR 1900.45 Lakhs as on 31st March, 2016. d. EBIDTA
The EBITDA increased by 93% at INR 2205.42 Lakhs for the year ended 31st March, 2017 as compared to INR 1142.89 Lakhs for the selfsame era eventual year. e. Expenditure
Total Expenditure increased to INR 7854.94 Lakhs for the year ended 31st March, 2017 as compared to INR 5439.60 Lakhs for the selfsame era eventual year. Out of the above, Employee cost stood at INR 4186.42 Lakhs in FY 2016-17 as compared to INR 3407.25 Lakhs for the selfsame era eventual year.
STANDALONE fiscal HIGHLIGHTS
Snapshot (In INR Lakhs)Year 2016 – 17 2015 – 16 Growth Revenue 3865.55 2945.33 31% Total Expenditure 3396.21 2463.16 EBIDTA 469.34 482.17 -3% Tax Expense / (Tax Benefit) 269.86 (245.77) Net Profit 424.36 558.50 -24% Fixed Assets 118.86 836.19 Reserves & Surplus 756.43 1309.20 -42%
Revenue increased by 31% to INR 3865.55 Lakhs for the year ended 31st March, 2017 as compared to INR 2945.33 Lakhs for the selfsame era eventual year. b. Net Profit & Reserves and Surplus
Net Profit decreased by 24% to INR 424.36 Lakhs for the year ended 31st March, 2017 as compared to INR 558.50 Lakhs for the selfsame era eventual year. As a result of reduce in profits, and due to adjustment of accumulated losses and unamortised goodwill as on March 31, 2016 against balance of Securities Premium Account, Reserves and Surplus possess decreased from INR 1309.20 Lakhs in FY 2015-16 to INR 756.43 Lakhs in FY 2016-17. c. Fixed Assets
Net fixed assets stood at INR 118.86 Lakhs as on 31st March, 2017 compared to INR 836.19 Lakhs as on 31st March, 2016. d. EBIDTA
The EBITDA decreased by 3% at INR 469.34 Lakhs for the year ended 31st March, 2017 as compared to INR 482.17 Lakhs for the selfsame era eventual year.
Total Expenditure increased to INR 3396.21 Lakhs for the year ended 31st March, 2017 as compared to INR 2463.16 Lakhs for the selfsame era eventual year. Out of the above, Employee cost stood at INR 2063.19 Lakhs in FY 2016-17 as compared to INR 1613.70 Lakhs for the selfsame era eventual year. The details of the fiscal performance of your company are appearing in the balance Sheet, Profit & Loss Account and other fiscal statements forming section of this Annual report.
INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY
Your companys board and management team monitor and acquire enhancements to your companys systems for internal control and risk management on an ongoing basis. Your companys efforts towards this travel beyond what is mandatorily required, with lively monitoring and review to ensure adequacy of control systems and to identify potential risks as well as recommend or implement measures to mitigate them.
Your Company has a proper and adequate system of internal control to ensure that every bit of assets are safeguarded and protected against loss from unauthorized exhaust or disposition and that the transactions are authorized, reported and recorded correctly. Your companys internal control system is adequate considering the nature, size and complexity of its business. Your companys internal control systems provide, among other things, reasonable assurance of recording the transactions of its operations in every bit of material respects and of providing protection against significant misuse or loss of company assets. These too enable your company to adhere to procedures, guidelines, and regulations as applicable in a transparent manner.
Your companys internal control systems are supplemented by an internal audit program and sporadic reviews by the management. Your company has appointed an independent audit hard as its Internal Auditors and the Audit observations are periodically reviewed by the Audit Committee of the Board of Directors and necessary directions are issued, wherever required.The existing internal control systems and their adequacy possess been reviewed extensively during the year by internal auditors and statutory auditors. They possess expressed an conviction that the internal control system is adequate and functioning effectively.
HUMAN RESOURCES / INDUSTRIAL RELATIONS
Your company is committed to create an environment of learning and development, promote internal talent and build an appreciating culture. Your Company has created platforms for recognizing and motivating employees for the safe travail they attain in the organization. Sound human resource development policies of your Company ensures that each employee grows as an individual and contributes to the performance of your Company. It too works towards building a travail culture aimed at achieving higher performance orientation.
Our employees are their most distinguished and valuable assets. every bit of your Companys policies are focused towards a healthy, jubilant and prosperous travail environment for its employees and thereby too fulfill the aspirations of the people at work. Your Company along with its subsidiaries ended the year with a headcount of 317. The key elements that define their culture include professional working environment, training and development, and compensation.
Certain statements in this report or elsewhere in the Annual Report may hold statements concerning Cambridge Technology Enterprises Limited and its growth prospects, expected fiscal position, trade strategy, future development of the companys operations, common economy, industry structure and other developments that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of actual results, future performance or achievements and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, changes in government policies or regulations of India, changes relating to the administration of the company, the companys competence to successfully implement its strategy, the Companys future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Companys market preferences and its exposure to market risks, as well as other risks. The Companys actual results, levels of activity, performance or achievements could vary materially and adversely from results expressed in or implied by this report. The Company assumes no responsibility to update any forward-looking information contained in this report.
5824By CIOReview | Friday, April 3, 2015
KIRKLAND, WA: Acumatica, cloud ERP solution provider, has been made available on Amazon Web Services (AWS) as an AWS Test Drive. With this drive initiative, businesses can now sample solutions from the fast-growing software provider at no cost.
“With AWS Test Drive, customers can easily try Acumatica Cloud ERP and observe first-hand the capabilities of ERP and CRM suites,” says Ajoy Krishnamoorthy, common Manager of the Acumatica Cloud xRP Division.
Acumatica Cloud ERP, which recently released its latest version Acumatica 5.0, is a collection of powerful trade management tools built atop an adaptable underlying platform. The suite’s subscription basis allows access for unlimited users, making it exemplar for miniature and mid-sized businesses aiming for rapid expansion. It too boasts mobile champion for continuous access to real-time trade data.
AWS Test Drive provides users a sandbox environment to try versions of software before purchasing a full package. The accessibility of these demos helps trade owners determine a program’s fitting and acquire more informed decisions when choosing a solution. More than a software demo, users can access the full-featured functionalities of the Acumatica product.
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