When running a small business you are faced with new challenges every day, but the biggest challenge you’re facing now may be the state of the economy. During economic downturns, there are often external factors beyond your control that can impact your bottom line. That’s why it’s critical to optimize what you can control: the [...]
Imagine standing at the end of a runway and watching airplanes take off. Envision a pilot out for a weekend flight cruising over your head in a single engine propeller-driven aircraft. The pilot flies low over your head as the plane climbs slowly to control airspeed for a weekend “neighborhood” cruise. Then a Cessna Citation [...]
What exactly is Green IT? Virtualization is one main focus of Green IT because it can significantly reduce a data center’s energy consumption and carbon footprint by consolidating server workloads from multiple servers that have relatively low levels of utilization on to servers with much higher levels of utilization. But SAP thinks that Green IT [...]
With a plan to significantly increase Barton Marlow’s competitive position and profitability in the construction industry, the company is scrapping its outmoded business software legacy system and implementing SAP Business All-in-One solutions from SAP AG. With the SAP(R) Business All-in-One for Engineering, Construction & Operations (SAP Business All-in-One for EC&O) solution from SAP channel partner, [...]
For a company of any size, cash is the lifeblood of the business and the key to survival and growth. This is particularly true of small businesses in an uncertain economic environment. The everyday questions you have about your business become even more important. Are your customers paying on time? Which customers should be rewarded [...]
1) Don’t run your business out of the checkbook Particularly in an economic downturn where as was discussed above – cash might seem adequate for a season as the firm’s slow down in sales liquidates receivables and inventory that will not be replaced in the short term. Get your business model restructured to the new [...]
To maximize profitability, companies must know the true cost of making and delivering their products and services. Traditional cost accounting, devised in a simpler era, does not satisfy that need. Then, direct costs (chiefly materials and labor) were a large percentage of total costs, so the inability to determine indirect cost allocations was not an [...]
WALLDORF, Germany – December 17, 2008 – (NYSE: SAP) and Fujitsu Siemens Computers today announced that Fujitsu Siemens Computers is joining the SAP® Business All-in-One fast-start program, putting midsize companies on the fast track to the adoption of specialized business software. Customers will receive SAP® Business All-in-One solutions preinstalled on the Fujitsu Siemens Computers hardware. [...]
Social networks allow people to reach beyond the usual barriers. They let individuals connect with others to create innovative new technologies, consider new solutions to old problems, and help build vibrant, expansive online communities. Despite well-understood interest in social networks, when Mark Yolton published the blog, Why Social Networks Matter Now back in October, I was surprised a [...]
At the annual Lotusphere conference, IBM (NYSE: IBM) and SAP AG (NYSE: SAP) announced the planned release date of March for their first joint software product, called Alloy™ software by IBM and SAP. IBM and SAP showcased successful early results of this product for several customers, including Colgate-Palmolive and Arla Foods at Lotusphere. By the [...]
