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  • Asset Management Software Explained and Defined
    everything from PCs to machine tools to desks and chairs to rolling mills It s of most use when dealing with assets which have a short fixed service life and depreciate in value over that life What does asset management software do Any business involved in manufacturing distribution physical sales or even office or call centre work will have physical and non physical assets The process of selecting the right equipment for a particular job keeping it in working order for as long as possible and replacing it in a well organised way producing as little disruption as possible is a key task for management Asset management software helps with this task by maintaining a record of all the assets you want to monitor It can hold details of their service schedules maintenance records depreciated value and schedule for replacement The software can be set to trigger warnings for any of these events so you maintain regular cycles of repair and renewal Any business assistance software is only as good as the information within it of course and it s essential to keep details of all assets up to date by physical inspection and good communication between departments If someone in accounts throws out a broken chair and doesn t inform the asset management team the computer records will be inaccurate and no replacement chair will be ordered A good asset management program can be of invaluable assistance during emergencies and crises It could list for example the furniture computing and other resources available at different locations and allow for re routing those resources during business emergencies Intangible assets Intangible assets are those non physical identifiable longer lived non monetary assets which have been created through time and or effort They include patents accounts receivable copyrights and goodwill As per

    Original URL path: http://www.bestpricecomputers.co.uk/glossary/asset-management-software.htm (2016-02-08)
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  • Backup Software Explained and Defined
    wrong hands Encryption is essential to making it secure It should be capable of performing incremental backups meaning that only files which have changed are actually backed up Without this feature you d have to manually sort out old and new files or just copy everything every time you did a backup of course taking up a great deal of time as you did so Scheduling Nearly all backup software will allow you to set schedules in advance That way backups can be done automatically at a time that s convenient for you Handling open files If you re working with important data on your PC continuously and want that data to be backed up dynamically as it s being changed Controlling CPU usage Backing up data can sometimes be processor intensive interfering with other tasks you want to perform on your PC Some backup software allows you to throttle the demands it will make on the CPU s resources allowing you to get on with your work while the backup is performed unobtrusively in the background Help handling special files For example let s say you want to back up your the bookmarks in your browser or your repository of emails They exist as files on your hard drive but do you know where they are If you do good for you but not everyone does Backup software often comes with built in procedures for locating and backing up these special kinds of file File Filtering Almost all backup software will come with some kind of file filtering mechanism that makes it easy to include or exclude specific types of files when you do a backup For example let s say you want to include every Microsoft Word or RTF file in your C directory or you want to

    Original URL path: http://www.bestpricecomputers.co.uk/glossary/data-storage-solutions.htm (2016-02-08)
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  • Blade Servers Explained and Defined?
    the Internet perhaps through a VPN Virtual Private Network then the worker can access their PC from anywhere they have access to a client computer and the web Of course a number of these advantages are offered by rackmount servers but the distinct advantages of blade servers lie in redundancy hot swapping and reductions in cabling power and size requirements The net result is that cost reduction for a blade server versus a traditional rackmount server is claimed to be as much as 25 Blade Server Chassis The chassis forms the housing for the blade servers providing the necessary services for the blades Chassis vary in the number of blades they accept usually from 6 to 16 though this may be halved with dual CPU blades of size 2U 1U one rack unit which is 44 45mm or 1 75 However much bigger blade compositions are possible in specialist large scale requirements The services they provide include power cooling and interfaces enabling and augmenting the power of the blades themselves Their design features will focus on connectivity flexible configuration of blades strong build for protection and cooling and elimination of cabling requirements A blade chassis could theoretically support any blade but in practice there are issues with manufacturer technologies Chassis manufacturers may at worst support only their own blades and though there are many open blade chassis architectures these invariably have limits on the blade server models they accept Hot Swapping One of the important facilities available in blade server chassis is hot swapping Hot swapping is the ability to add remove and replace units at need without having to power off the chassis Hot swapping can apply to PSUs network management and storage units and the blade servers themselves Hot swapping coupled with redundancy can give significant reliability benefits For instance with two PSUs if one goes down the other can take over and maintain the system without interruption until the first is replaced It also aids maintenance because if a blade develops a problem it can be removed and repaired or replaced without disruption of the other blades in the system Power Since the blade is stripped down of many key features it relies on the chassis to provide vital services Power is the first of these and in all chassis power switching balances power load and requirements across the component blades demands The technology ensures that power isn t wasted running underused blades but in times of high demand there is sufficient power available Employing power supply unit redundancy is necessary for critical servers The chassis s internal management technology then monitors for malfunctioning units and alerts network management staff Hot switchable PSU s enable the faulty components to be replaced without interrupting chassis function Cooling A full chassis may generate considerable heat from the activity of component blades so high demand blade servers require effective cooling from their chassis to operate efficiently The chassis internal management systems monitor heat within the system and may shut down

    Original URL path: http://www.bestpricecomputers.co.uk/glossary/blade-servers.htm (2016-02-08)
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  • Business Activity Monitoring Software Explained
    who having sensed an emerging trend in the marketplace were quick to tack on Business Activity Monitoring capabilities to some of their existing software products Microsoft added Business Activity Monitoring features to its Biztalk Server suite for example IBM added them to Websphere and Oracle enhanced its application server offering with Business Activity Monitoring features Business Activity Monitoring Solutions often present a dashboard like interface offering information in a easy to digest graphical style through the aid of pie charts graphs and the like In this respect they could be considered closely related to Executive Information Systems Typically end users in the Business Activity Monitoring pipeline will identify the metrics the essential nuggets of information which track the performance of an important business process which they consider crucial to doing their jobs effectively These are known as Key Performance Indicators or KPIs and will be presented prominently on the user interface The visual aspect of the user interface tends to vary greatly from one business activity monitoring software product to another Some use custom written applications with their own graphical widgets and windows while others prefer to present their information via web pages which the users then access through a browser Many Business Activity Monitoring software suites aspire to go beyond simply relaying information to executives however by incorporating advanced event processing features At the most basic level these event processing features may permit alert triggering when key metrics reach specified values For example an executive may want to be informed when more than 500 box units are stored in the warehouse awaiting transport The software may be able to send an alert by either popping up a window on the executive s computer sounding an alarm or sending a message to a mobile phone Beyond simple trigger events however some Business Activity Monitoring software aims to be able to handle complex event processing detecting patterns from a variety of input sources that would otherwise elude almost any human operator Because of these artificial intelligence like features some Business Activity Monitoring software may be empowered to authorise significant business actions on its own without the involvement of any human operator although of course the actions of the software can always be overridden by human mandate For example if the software detects a pattern of fraud in the use of a credit card it may immediately shut down authorisation to use the credit card without prior approval from an employee of the company Another important difference between Business Activity Monitoring software and the more familiar executive information systems is that business activity monitoring is not aimed exclusively at top tier executives Indeed because it primarily concerns operational intelligence business activity monitoring is often more suitable for managers who are out there in the trenches dealing with the nitty gritty rather than those who are safely ensconced in the executive suite Even non managerial staff can benefit substantially from a well designed business activity monitoring system To take a hypothetical example a

    Original URL path: http://www.bestpricecomputers.co.uk/glossary/business-activity-monitoring-software.htm (2016-02-08)
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  • Business Analytics Explained
    optimized decisions by the use of statistical techniques i e collecting data assembling and analyzing it to better their products services marketing etc Analytics is an extremely vital part of business intelligence and the term business analytics is loosely used by some to describe a set of various different procedures including data mining and other analytic methods These techniques were once included daunting and time consuming tasks but the 21st century with its abundance of data has made it possible for businesses to automate research and data processing to a great extent History of Business Analytics The use of analytics in business has been around for over two centuries now Back in the late 1800 s the science of data analysis found use mainly in the development of industrial machinery It wasn t until the 1960 s that organizations realized the potential of analytics and made their first attempts at automating the data analysis process These efforts included heavy usage of mainframe computers which were assigned the more tedious tasks associated with data storage and processing but these were known as the very first decision support systems With time however business intelligence has evolved tremendously As early as the 1970 s software was readily available that could handle huge amounts of statistical information and process the data very quickly for the busy executive Though these software packages were largely overlooked they have now developed to the point that highly sophisticated infrastructure including hundreds of terabytes in storage and the latest technology in processors and security applications have been solely dedicated to them For example Wal Mart the discount store giant was known to singularly possess over 460 terabytes of analytical data in 2004 stored in mainframes source which is rumored to have grown to nearly 600 TB by now Applications of Business Analytics Business analytics comprises a great many techniques that deal with statistics The most commonly used of these are product tracking systems and surveys When these techniques are applied accurately they open up numerous avenues of opportunity for organizations to optimize and augment their business model A few such possibilities are explored below Critical product analysis Data retrieved from various markets can indicate how well a product is received by the target audience and also what crucial changes must be made to it to maximize revenue Furthermore the organization can gain insight as to how a particular territory or market reacts to certain features of the product This not only makes it possible to make minor alterations to the item for specific locations but also helps in studying trends associated with those regions Improved customer service Organizations have learned through experience to keep track of their recurring customer queries and support issues This tremendously helps them in enhancing performance by not repeating past mistakes while also enabling them to provide faster customer service and satisfaction Up selling opportunities Tracking trends in customer behavior can be very helpful in identifying the most prominent needs of a company s customer

    Original URL path: http://www.bestpricecomputers.co.uk/glossary/business_analytics.htm (2016-02-08)
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  • Business Intelligence Explained and Defined
    the time cost and monetary cost of intelligence gathering A smart business will look at evaluating every piece of data individually and collectively to help make more informed decisions BIS enables collective data to be analysed for trends and then for every subset of data to be drilled down and analysed individually Business Intelligence comprises the following main elements 1 Analytics 2 Customer Relationship Management CRM 3 Dashboards 4 Data Warehouse 5 Data Integration 6 Data Management 7 Data Mining 8 Extract Transform and Load ETL 9 Online Analytical Processing OLAP 10 Business Performance Management BPM 11 Reporting 12 Scorecard Implementing BIS in Enterprise There will be a significant cost of implementing any BIS if existing applications exist for any part of the overall process The ideal scenario would be to use solutions for each aspect of BIS from the same vendor or where they are proven to be able to integrate with other vendors In some cases it may be more cost effective migrating existing processes into a bespoke system to facilitate better control and understanding This will reduce the training costs associated with training new personnel as they will only be required to learn one system as opposed to multiple existing systems After the decision has been taken to implement business intelligence solutions a set of criteria must be addressed from the outset in order to gain the most benefit The most important areas for consideration are 1 Response Time Considerations will need to account for data capture time ETL processing time caching and reporting time in addition to user expectations For example if the service is offered to clients and they are informed statistics are updated in real time they do not expect to be waiting for a few minutes every time they login to check stats It would be unwise to have every piece of data update in real time as it may cause too much load on the server and result in reliability issues Instead only the absolute necessary pieces of information should be updated in real time This area needs to be clearly defined in the design process what constitutes essential information 2 Data Refresh Rates Automated queries and database dumps can be routinely scheduled to take snapshots of actual statistics to reduce potential problems with the live data capture Providing only the vital information is extracted it can be set to retrieve a database dump every minute if necessary The data integration tools should be designed to have minimal impact on a server when importing new data sets to facilitate smooth data exchanges If designed correctly management would be querying backup data from the latest data refresh rather than causing additional load on the live server 3 Visual vs Analytical Dashboards Statistical information is essential to represent the current state of affairs and should be available for drilldown analysis However a visual dashboard should suffice to present a quick overview of affairs with any changes highlighted It is especially useful for CEOs to

    Original URL path: http://www.bestpricecomputers.co.uk/glossary/business-intelligence.htm (2016-02-08)
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  • Business Process Execution Language Explained and Defined
    to wait for messages and when to compensate for failed transactions This language allows process designers to write code that orchestrates the use of application modules such as web services in business processes The BPEL architecture allows process designers to perform these tasks using three tools a BPEL Designer a BPEL Engine and a process flow template BPEL Designer The BPEL Designer is a graphical user interface GUI used to design a business process A business process designer inputs the details of the process flow including details of any web services required during the process Once the process flow has been defined the BPEL designer generates a process flow template written in the BEPL language BPEL Engine The BPEL Engine such as IBM s WebSphere Process Server is a tool used to execute the instruction provided by a process flow template In addition to invoking the required web services the BPEL Engine also performs a number of related tasks such as error handling data mapping security etc Process Flow Template The process flow template is a set of instructions written in the BPEL standard that outlines the logic flow of a process The process flow template generated by a BPEL designer acts as an instructional roadmap for the BPEL engine Benefits of BPEL The use of BPEL tools to access the functionality of web services offers a wide range of benefits including Improved Access to Data and Services Process designs succeed or fail on their ability to efficiently perform repeatable tasks By enabling access to disparate applications both within the enterprise and in the form of web services it is possible to reduce the time necessary to complete a single unit of work thus reducing the time cycle of the process as a whole Additionally access to web services can

    Original URL path: http://www.bestpricecomputers.co.uk/glossary/business-process-execution-language.htm (2016-02-08)
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  • Business Performance Management Software Explained and Defined?
    an enterprise s data To this end BPM software incorporates support for data warehousing that is the collection of all informational assets of an organisation into a single corporate memory The central concept of data warehousing rather than being simply a passive repository for all the data generated by an enterprise is in storing data in a way in which it can be easily accessed for the purposes of querying and analysis Data warehouses generally follow a set process in filing and categorising data Source Data Layer Source data refers to any electronic data of value to management Data Transformation Layer This electronic data is then cleaned sorted and standardised according to the data storage protocols the enterprise has implemented ensuring not only that the data is understandable to human users but also to aid in the querying and analysis of data at a later stage Data Warehouse Layer Data can be stored using a dimensional or normalisation approach depending on the requirements of the enterprise The vital point at this stage is to ensure that data can be easily analysed and utilized Reporting Layer The raison d être of any data warehouse is in facilitating the analysis of data for the purposes of assessing business performance which leads on to the next aspect of BPM software Generating Information For data to become useful to an enterprise it is essential that tools and processes be put in place to allow for its appropriate and timely analysis BPM software provides the means to generate reports and analysis on all forms of business data For business data analysis to become a useful tool however it is essential that an enterprise understand its goals and objectives essentially that they know the direction in which they want the enterprise to progress To enable this

    Original URL path: http://www.bestpricecomputers.co.uk/glossary/business-performance-management-software.htm (2016-02-08)
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web-archive-uk.com, 2017-12-15