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P2050-003 exam Dumps Source : IBM Commerce Solutions Selling Technical Mastery Test v1

Test Code : P2050-003
Test title : IBM Commerce Solutions Selling Technical Mastery Test v1
Vendor title : IBM
: 25 existent Questions

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IBM IBM Commerce Solutions Selling

IBM (IBM) Shares hole Down Following Insider selling | killexams.com existent Questions and Pass4sure dumps

IBM (NYSE:IBM) shares gapped down ahead of trading on Thursday after an insider offered shares in the business. The inventory had prior to now closed at $139.09, however opened at $136.32. IBM shares final traded at $133.19, with a volume of 4378111 shares.

specifically, insider Diane J. Gherson offered 5,754 shares of the company’s inventory in a transaction that came about on Wednesday, February sixth. The inventory was bought at a typical expense of $135.sixty seven, for a complete transaction of $780,645.18. Following the completion of the sale, the insider now owns 23,117 shares in the business, valued at $3,136,283.39. The transaction become disclosed in a submitting with the SEC, which is attainable at this hyperlink. Insiders own 0.17% of the enterprise’s stock.

a number of equities analysis analysts tolerate lately commented on IBM shares. Wedbush diminished their fee goal on IBM from $185.00 to $a hundred sixty five.00 and set a “neutral” rating for the company in a report on Thursday, October 18th. Zacks funding analysis upgraded IBM from a “promote” score to a “cling” rating in a record on Thursday, October 18th. Goldman Sachs community restated a “impartial” score and set a $a hundred and fifty five.00 cost goal on shares of IBM in a document on Monday, October twenty ninth. BMO Capital Markets restated a “dangle” ranking and set a $a hundred forty five.00 expense aim on shares of IBM in a document on Friday, December 7th. ultimately, Cantor Fitzgerald restated a “grasp” rating and set a $140.00 cost objective on shares of IBM in a report on Wednesday, January 16th. four research analysts tolerate rated the inventory with a promote rating, ten tolerate issued a dangle score and eight tolerate given a purchase ranking to the company’s inventory. IBM has a plain ranking of “grasp” and a consensus rate target of $154.56.

The company has a market capitalization of $123.89 billion, a PE ratio of 9.sixty four, a value-to-salary-boom ratio of two.forty and a beta of 1.25. The company has a quick ratio of 1.24, a present ratio of 1.29 and a debt-to-fairness ratio of two.10.

IBM (NYSE:IBM) ultimate introduced its quarterly income effects on Tuesday, January 22nd. The technology company said $four.87 earnings per partake (EPS) for the quarter, topping the Thomson Reuters’ consensus evaluate of $4.82 with the aid of $0.05. IBM had a revert on equity of sixty eight.61% and a internet margin of 10.ninety seven%. The enterprise had earnings of $21.76 billion any through the quarter, compared to the consensus evaluate of $21.79 billion. any the artery through the very quarter in the prior year, the company posted $5.14 salary per share. IBM’s earnings changed into down 3.5% in comparison to the equal quarter final year. Equities analysts call that IBM will submit 13.ninety two revenue per partake for the existing fiscal yr.

The company likewise recently disclosed a quarterly dividend, which should breathe paid on Saturday, March 9th. Shareholders of list on Friday, February eighth may breathe given a $1.57 dividend. The ex-dividend date of this dividend is Thursday, February seventh. This represents a $6.28 annualized dividend and a capitulate of 4.seventy two%. IBM’s dividend payout ratio is currently 45.47%.

IBM declared that its board has authorized a inventory buyback program on Tuesday, October 30th that permits the business to repurchase $four.00 billion in stunning shares. This repurchase authorization permits the expertise company to buy up to 3.5% of its shares via open market purchases. Shares repurchase classes are usually an indication that the enterprise’s administration believes its shares are undervalued.

a number of hedge money tolerate lately bought and offered shares of IBM. Swedbank boosted its position in IBM by artery of 214.6% within the third quarter. Swedbank now owns 1,123,724 shares of the know-how company’s stock value $169,918,000 after buying an extra 766,478 shares during the closing quarter. Berkshire Asset administration LLC PA boosted its position in IBM by means of 2.4% within the third quarter. Berkshire Asset management LLC PA now owns 20,690 shares of the expertise enterprise’s stock cost $three,129,000 after buying an extra 481 shares any through the ultimate quarter. Nisa funding Advisors LLC boosted its position in IBM through 3.6% within the third quarter. Nisa investment Advisors LLC now owns 320,951 shares of the know-how business’s inventory value $forty eight,531,000 after paying for an additional eleven,129 shares any over the ultimate quarter. Adams Asset Advisors LLC boosted its position in IBM by 14.0% within the third quarter. Adams Asset Advisors LLC now owns 48,705 shares of the know-how business’s stock value $7,364,000 after procuring an extra 5,970 shares during the ultimate quarter. at last, Aperio community LLC boosted its position in IBM through 9.0% within the third quarter. Aperio neighborhood LLC now owns 454,228 shares of the know-how company’s stock value $68,684,000 after purchasing an extra 37,393 shares during the final quarter. 56.09% of the stock is currently owned by artery of institutional investors and hedge dollars.

COPYRIGHT VIOLATION observe: “IBM (IBM) Shares hole Down Following Insider promoting” changed into reported with the aid of Markets daily and is owned with the aid of of Markets daily. if you're viewing this myth on one more book, it was illegally copied and republished in violation of U.S. & alien copyright & trademark law. The prison version of this myth can likewise breathe considered at https://www.themarketsdaily.com/2019/02/08/ibm-ibm-shares-hole-down-following-insider-selling.html.

IBM enterprise Profile (NYSE:IBM)

international enterprise Machines organisation operates as an integrated know-how and functions company international. Its Cognitive solutions segment offers Watson, a computing platform that interacts in language, techniques huge statistics, and learns from interactions with people and computer systems. This segment additionally offers statistics and analytics solutions, together with analytics and facts management systems, cloud records services, commercial enterprise convivial application, talent management solutions, and tailor-made trade solutions; and transaction processing application that runs mission-essential methods in banking, airlines, and retail industries.

advised Story: Debt-To-equity Ratio

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Perficient Named IBM 2019 Watson Commerce enterprise companion of the 12 months | killexams.com existent Questions and Pass4sure dumps

Perficient, Inc. PRFT, +0.78% (“Perficient”), a number one digital transformation consulting difficult serving world 2000® and other colossal enterprise valued clientele any over North america, announced it has been named IBM’s 2019 Watson Commerce company partner of the year. The IBM Excellence Award, announced throughout IBM’s PartnerWorld at suppose 2019, recognizes Perficient’s ongoing boom and relationships with key valued clientele, and concept management across the IBM Watson client appointment Commerce platform as an essential component for digital transformation.

“Our method to commerce is focused on crafting a experience, connecting with purchasers, and supplying a seamless client journey throughout channels and any over the business, imperatives in these days’s buyer-driven world,” pointed out Steve Gatto, national income director, Commerce solutions, Perficient Digital. “collectively, with their shoppers, we’re remodeling organizations in a means that no longer handiest drives boom however strengthens their basic company, and they invariably evolve their offerings to hold customers at the amend of their game. We’re honored to breathe recognized via IBM, and we’re keen for sharing their innovative options during IBM suppose 2019.”

Perficient Digital Takes Commerce options beyond Transactions to radically change the customer Lifecycle for a global various manufacturer

With branded manufacturers and distributors beneath force from the melodramatic shift to on-line procuring, a global varied company sought to digitally transform its commerce company. In partnership with Perficient Digital, the two enterprises delivered optimized customer sales, up-to-date product tips (PIM), and streamlined the ordering system through pile of a B2B portal. With the implementation of IBM’s Sterling Order management gadget (OMS), and Perficient’s advantage, the diversified manufacturer is future-proofing its company to align with trade tendencies and market alternatives.

additionally, the business’s OMS will supply them enhanced flexibility in managing knotty order management situations, more advantageous reliability so as processing and fulfilment, and a value discount in enforcing across its enterprise. it will further permit the company to convey service enhancements to its shoppers, optimize its pricing, merchandising and middling give chain, raise sales due to more desirable stock visibility, and in the reduction of charges via more advantageous efficiencies in order visibility.

Perficient Digital Enhances the online customer event for a number one material Retailer

In a market that has historically depended on brick-and-mortar experiences, a leading cloth and craft retailer become challenged with extending the customer undergo on-line. Perficient partnered with the enterprise to implement an IBM Watson Commerce solution that supplied up-to-date visibility of its inventory and more advantageous monitoring of its product volume, area, and availability. utilizing IBM Order management, Perficient additional more desirable the solution via cloud migration that presents a solitary view of provide and demand, orchestrates order success approaches throughout purchase on-line Pickup In save (BOPIS) and Ship-from-shop (SFS), and empowers business representatives to stronger serve clients each in title centers and in-save engagements.

“Perficient has been deploying IBM Commerce solutions for very nearly 20 years, featuring conclusion-to-conclusion digital commerce options that embody dissimilar channels, and deliver seamless and effectual experiences throughout their total commercial enterprise,” talked about Sameer Peera, common supervisor, Perficient’s commerce apply. “With the synchronous information that HCL took over development of IBM WebSphere Portal, IBM web content material management and net undergo manufacturing unit, their consumers continue to tolerate interaction us for aid with their digital commerce techniques. We’re joyful to breathe their go-to companion as they navigate the altering market panorama and deliver for their valued clientele.”

Perficient capabilities in motion at IBM suppose 2019

in addition to its award-winning commerce respond capabilities, Perficient consultants are available any the artery through the IBM believe 2019 convention in booth #320 to focus on its undergo and skills throughout the IBM portfolio , specially cloud, cognitive, statistics, analytics, DevOps, IoT, content management, BPM, connectivity, commerce, mobile, and customer engagement.

whereas IBM has announced its plans to sell its commerce portfolio, the news of its acquisition of crimson Hat additionally signaled the criticality cloud development and start play in successful conclusion-to-conclusion digital transformations. As an IBM international Elite accomplice, considered one of best seven companions with that popularity globally, and a red Hat Premier accomplice, Perficient is well placed to toil with each corporations via this transition. And, their experts could breathe on hand throughout IBM believe to debate how to navigate the cloud market, partake key client success reviews, and provide strategic scholarship on the alternatives ahead for valued clientele.

“technology is changing so abruptly, and organizations need to sustain tempo or puss disruption,” famed Hari Madamalla, vice chairman, rising solutions, Perficient. “With advantage and journey in any facets of the commerce event, to main cloud, internet hosting, managed functions and uphold solutions, organisations revolve to Perficient as a go-to associate for his or her digital transformations.”

join several Perficient topic confidence consultants and their shoppers as they present throughout six IBM consider periods, together with:

As a Platinum IBM enterprise companion, Perficient holds more than 30 awards across its 20-yr partnership heritage. The business is an award-winning, certified utility value Plus respond issuer and one of the vital few companions to secure hold of dozens of IBM knowledgeable degree application competency achievements.

For updates during the event and after, connect with Perficient consultants on-line by using viewingPerficient and Perficient Digital’s blogs, or comply with us on Twitter@Perficient and @PRFTDigital.

About Perficient

Perficient is the main digital transformation consulting difficult serving global 2000® and commercial enterprise purchasers any the artery through North the us. With unparalleled counsel expertise, administration consulting, and artistic capabilities, Perficient and its Perficient Digital agency convey vision, execution, and cost with astonishing digital adventure, business optimization, and industry solutions. Their toil enables clients to help productiveness and competitiveness; develop and uphold relationships with customers, suppliers, and partners; and lop back charges. Perficient's experts serve shoppers from a network of offices throughout North the usa and offshore locations in India and China. Traded on the Nasdaq global opt for Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index. Perficient is an award-winning Adobe Premier accomplice, Platinum stage IBM enterprise partner, a Microsoft country wide service issuer and Gold CertifiedPartner, an Oracle Platinum companion, an advanced Pivotal able companion, a Gold Salesforce Consulting companion, and a Sitecore Platinum companion. For extra counsel, visitwww.perficient.com.

safe Harbor remark

some of the statements contained in this information liberate that are not basically historical statements focus on future expectations or status other ahead-searching tips concerning monetary effects and company outlook for 2018. these statements are topic to universal and unknown dangers, uncertainties, and other components that could trigger the genuine results to vary materially from these meditated with the aid of the statements. The ahead-looking assistance is in accordance with administration’s present intent, perception, expectations, estimates, and projections concerning their business and their business. recall to breathe mindful that those statements best reflect their predictions. specific hobbies or effects might likewise range considerably. censorious elements that may trigger their genuine outcomes to breathe materially different from the ahead-searching statements consist of (however aren't restricted to) these disclosed below the heading “possibility elements” in their annual record on contour 10-ok for the 12 months ended December 31, 2017.

View source version on businesswire.com: https://www.businesswire.com/information/home/20190212005973/en/

supply: Perficient, Inc.

Ann Higby, PR supervisor, Perficient, 314-219-8836ann.higby@perficient.com

Copyright enterprise Wire 2019


: Streamlining facts insights for a original era of commerce any residence | killexams.com existent Questions and Pass4sure dumps

The astonishing value of information that has earned it a spot above oil because the world’s most coveted aid is its scholarship to power enterprise concepts with ultra-specific particulars that permit extra advised choice-making. Now that organizations tolerate that energy, their next hurdle is effectual implementation.

Katie Dunlap (pictured, right), vice chairman of international unified commerce and advertising GTM at Bluewolf an IBM business, and Ben Cesare (pictured, left), world trade options lead, retail alliance ecosystem, at Salesforce.com Inc., spoke with John Furrier (@furrier) and Lisa Martin (@LisaMartinTV), co-hosts of theCUBE, SiliconANGLE Media’s cellular livestreaming studio, prerogative through the IBM feel event in San Francisco. They mentioned how IBM and Salesforce toil collectively to do certain information is used for a extra personalised event that advantage each company and customer. (* Disclosure beneath.)

[Editor’s note: The following answers tolerate been condensed for clarity.]

Martin: IBM is the #1 implementer of Salesforce. talk about the partnership.

Dunlap: That partnership leverages the best of the know-how from Salesforce, in addition to IBM, and collectively [we] create alternatives for the business. today we’re talking about retail.

Cesare: for those who focus on Salesforce, you talk about advertising, commerce, and service cloud. They title that the appointment layer. That’s how they truly interact with their buyers, and to tolerate a pretty proper reference to buyers they need to tolerate an outstanding facts insights. They need to tolerate in intelligence what’s occurring with any the information that drives choices for dealers. That’s why the connection with IBM is so strong; it's a data-pushed relationship.

Dunlap: The endemic functionality for Salesforce is Einstein, an astute layer; and for IBM it’s Watson. retail with commerce and advertising and marketing and repair is the center of that conversation on the appointment layer. How are they working with a client from a group of information guidance standpoint and activating the facts any of the artery via provide chain? It goes any the manner through servicing that client, returning, and making certain that tips is certain.

one of the crucial things that they accomplice with Salesforce on is the appointment layer, and they tolerate entry to Watson Embedded company aide that goes out and talks to any the disparate techniques. As a merchandiser, i will breathe able to interrogate the query and secure hold of assistance back from supply chain.

Furrier: inform us concerning the alterations in retail. What [are] one of the vital original experiences that are getting original expectations?

Cesare: What you any the time wish is a proper client journey, and what defines it truly is, “Are they serving me the products I desire, once I need them? If I even tolerate a problem, how am I handled?” These are any things that they tackle with Salesforce options.

This year there were over $300 billion in markdowns for marketers. Half of these were unplanned, and that goes amend to your [product and loss]. They want to do certain the things they consequence fulfill the purchaser but now not on the cost of the marketers. by using IBM supply chain statistics assistance, they will safely service you.

It’s now not just the save on-line; it’s retail any over, someone promoting their functions to you. The holy grail is understanding you notably. statistics has become a plenty broader time period; it’s just now not numbers. information is your traits on convivial media, videos you're viewing. any that together in reality gives a retailer suggestions, improved serve you.

Furrier: What are some of the learnings around this original appointment layer and with statistics intelligence?

Cesare: I feel the leading component I’ve discovered is the vigour of personalization. if you study someone’s shopper basket, there’s a proper amount of things you might find out about them, but to try this for 25, 30 million customers is very complex. to anatomize the statistics, angle it, and customise it to you is extraordinarily potent. If dealers can recall your artery of life, that opens the door to so many products and features.

Commerce was once a really linear issue, however now it’s going on anyplace you are. You may well breathe anyplace and execute a transaction. the gap between media and commerce has collapsed, It’s revolve into trusty time. The immediacy of media and transaction [is] going to grasp marketers by surprise.

Watch the comprehensive video interview beneath, and do certain to try extra of SiliconANGLE’s and theCUBE’s coverage of the IBM consider experience. (* Disclosure: Salesforce.com Inc. subsidized this angle of theCUBE. Neither Salesforce.com nor different sponsors tolerate editorial manage over content material on theCUBE or SiliconANGLE.)

photograph: SiliconANGLE since you’re prerogative here …

… We’d want to divulge you about their mission and the artery which you could aid us fulfill it. SiliconANGLE Media Inc.’s enterprise mannequin is according to the intrinsic cost of the content, now not promoting. in contrast to many online publications, they don’t tolerate a paywall or hasten banner promoting, as a result of they wish to sustain their journalism open, without tolerate an consequence on or the deserve to chase site visitors.The journalism, reporting and commentary on SiliconANGLE — together with reside, unscripted video from their Silicon Valley studio and globe-trotting video teams at theCUBE — grasp lots of complicated work, time and cash. conserving the satisfactory elevated requires the uphold of sponsors who're aligned with their imaginative and prescient of ad-free journalism content.

in case you just dote the reporting, video interviews and other advert-free content material here, please grasp a second to try a sample of the video content supported by their sponsors, tweet your aid, and maintain coming returned to SiliconANGLE.


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IBM Commerce Solutions Selling Technical Mastery Test v1

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Enterprise Data World reveals nine principles of analytics rock stars | killexams.com existent questions and Pass4sure dumps

SAN DIEGO -- There are two kinds of data analytics professionals -- those who point to up merely to collect a paycheck and leave at 5 o'clock, and those who add value, resolve problems and do themselves necessary to their organizations, according to Bernard Wehbe, a founding partner at business intelligence and analytics services difficult StatSlice Consulting.

Wehbe, who spoke this week before a crowded play at the Enterprise Data World 2013 conference, is making it his business to discipline people about what it takes to become an necessary analytics professional. And he had a much message for newcomers to the profession as well as seasoned veterans: recall that analytics excellence is about more than just crunching numbers; it's likewise about people, processes and, not least of all, passion.

Wehbe, who boasts 14 years of analytics project management experience, went on to offer a helpful list of nine key principles that -- when focused on and adhered to properly -- can revolve one into an analytics rock star.

1. do certain you're passionate about analytics.

The incompatibility in value to an organization between an middling performer and a rock star is massive, according to Wehbe. That's why it's primary for those considering or re-examining a career in analytics to breathe honest about their personal affinities, strengths and weaknesses.

The analytics rock star knows how to balance her business as well as technical knowledge.

Bernard Wehbe,founding partner, StatSlice Consulting

Wehbe recommended taking a personal assessment test, such as the one establish forth by author Tom Rath in the bespeak StrengthsFinder 2.0, and said that those in the analytics profession should secure confirmation that being "analytical" is one of their strengths. If it isn't, they may want to consider another career. "A top performer in business must breathe passionate about what they do," Wehbe said. "Analytics is no exception."

2. Focus on applied learning and mentoring.

It's light to find classes on the basic tools of analytics, such as the SQL query language, ETL technology and statistical techniques, and classroom, or theoretical, learning is vital to being a successful analytics professional. But applied learning, or learning on the job, is just as primary as abstract learning, if not more so, according to Wehbe. On-the-job learning is the only artery to hone the skill of creating the underlying assumptions that rend into solving analytics problems.

"In school, you are given the assumption, you are given the problem and then you are told to resolve the problem based on the tools that they teach," Wehbe said. "Solving the problem is a lot of times the light part. Coming up with the assumptions is the difficult part. Applied learning is the only artery to learn how to approach up with those assumptions."

3. Develop your presentation and communication skills.

The most necessary analytics professionals toil difficult on their presentation and public speaking skills. Wehbe recommended taking public speaking courses and getting involved with a group outside of work, such as Toastmasters, that offers an occasion for public speaking.

"Communication is key in any field, but that is especially so in analytics," he said. "Not only consequence you tolerate to present your ideas neatly, but you likewise tolerate to sell your ideas."

4. breathe the 'go-to guy' for analytics.

Wehbe used an case from another district of life to illustrate the value of the go-to person in an analytics program.

"Let's grasp an case of paying bills and finances. What if you could find someone who takes it over for your life? arbitrator about how that would do you feel. That's the flush of service that is expected from the analytics rock star," he said. "You grasp the problem on and [own] the problem halt to end, and you provide a solution."

Wehbe added that analytics rock stars are likewise proper at anticipating and finding the answers to questions before they're asked. They peek for problems that need to breathe solved instead of waiting for problems to approach to them, he said.

5. Don't halt until it makes sense.

It might look counterintuitive to tolerate a principle about intuition when talking about analytics, but Wehbe told the Enterprise Data World press that analytics professionals need to hone those intuitive skills. He said analytics rock stars are always asking why and understand that most problems are just symptoms of a larger root cause. They typically aren't satisfied until they find that root problem and resolve it.

"Make no mistake, the analytics rock stars must learn to confidence on their intuition," he said. "I'm not saying that if you are original to the realm you should confidence on that too much, because it takes time to hone that intuition. But as you achieve mastery in the field, [you will] start to hone that intuition [to approach up] with better hypotheses."

6. Learn to quickly create prototypes.

When analytics professionals present findings and proposed actions to business executives, visual tools dote dashboards can breathe very useful. But when making a proposal to a department head or other interested stakeholder, Wehbe said, it's primary to create a prototype and populate the presentation tools with actual data. That's much more effectual in terms of communication than displaying stock data that means petite to the business execs.

"There is a huge incompatibility between presenting a [canned] Tableau or QlikView dashboard versus quickly coming up with a prototype with their data and then presenting those dashboards to them," he said. "The incompatibility is night and day. With a prototype, they can see and feel the exact impact [on] their business."

7. Question assumptions.

Rock star analysts are always questioning assumptions and know how to avoid the common analytical traps that people watch to plunge into. For example, one of those traps is the tenor to miss the tremendous picture when focusing on what might at first look dote a miniature problem. Another case of a common trap is the human tenor to seek "silver bullet" solutions to problems. In analytics, the answers are always complicated and silver bullets are exceedingly rare, according to Wehbe.

8. breathe an advocate for a solid analytics foundation.

The vast majority of source systems tolerate problematic data models, according to Wehbe. That's why it's primary for the analytics rock star to propel for improved data models for source systems. This will create a solid foundation for analytics activities and ensure different analysts can understand data sets "without having to fumble through overly complicated joins," he said. "You must become an advocate for reliable data contracts and you must promote proper data governance practices within your organization."

9. breathe a bridge builder.

The hardest people to find in any organization are those whose skill sets span both business and IT. People who can bridge that gap are crucial to the success of companies. The most successful analytics professionals toil to hone their business skills while maintaining a solid understanding of the inner workings of the IT department. An added reward of maintaining technical skills is that it helps the analytics professional better understand the data.

"We know as analysts that 90% of their toil is about understanding data, and without understanding how IT works and understanding IT concepts, you cannot achieve an understanding of the data," Wehbe said. "The analytics rock star knows how to balance her business as well as technical knowledge."

Mark Brunelli is news director for the business Applications and Architecture Media Group at TechTarget. Email him at mbrunelli@techtarget.com and supervene him on Twitter: @Brunola88.


Indian-born Naveen Seth leads restaurant chain La Prep | killexams.com existent questions and Pass4sure dumps

The serial entrepreneur heads up La Prep and Indian street food restaurant Chaska, after many other entrepreneurial ventures in India and Canada

Thirty years after he arrived in Canada from India barely able to converse English, serial entrepreneur Naveen Seth traces the roots of his thriving business career to lessons his father taught him when he was a teenager.

Seth, CEO and owner of the rapidly growing La Prep chain of bistro-style restaurants, was 15 years primitive when he began helping his father out after school at the successful textile company he ran in Punjab, India.

He’d monitor production at the plant and report back to his father on original orders coming in and product that needed to breathe shipped out. He branched out into other parts of the business — wholesale operations, sales, the retail shop. In the evenings at the family dinner table, Seth’s father would talk about business and animate him to set priorities and talk about how he should rend about making them happen.

“My father was a grotesque teacher,” Seth says. “He always tried to clarify how things toil in business in a conversational way, rather than by lecturing you. Those lessons are quiet there in the back of my intelligence as I hasten my own companies.”

Seth had to scrawny on what he’d scholarly when tragedy struck and his father was killed in a traffic accident. At the age of 21, the job of running the family textile business in the immediate aftermath of his father’s death and then winding it down fell to Seth.

The following year — on April 1, 1988 — he immigrated in Canada, where two of his elder sisters lived, to start a original life in a original country. The day after he arrived in Ottawa, Seth began managing a convenience store his sister owned.

As he crammed to learn English, Seth likewise studied the convenience store business. It wasn’t the textile industry, but many of the very business principles applied. About half a year after his arrival, Seth bought a failing convenience store for $25,000 and set his sights on turning it around. He made numerous improvements and changes to bring in more customers. Eight months later, he sold the store for four times what he had paid for it.

My father … always tried to clarify how things toil in business in a conversational way, rather than by lecturing you. Those lessons are quiet there in the back of my intelligence as I hasten my own companies.

Seth followed the very pattern with an additional three stores, buying them at low prices, figuring out what needed to change for them to operate successfully and then selling them quickly for a profit.

But it was an occasion in the IT sector where Seth struck it really tremendous for the first time.

Finding business opportunities in IT

Though he had honed his business skills over the years since he’d moved to Canada, Seth had no undergo in IT when he was first approached by his brother-in-law about going into business together in the field. Seth’s brother-in-law, a computer engineer who had worked in Norway, was likewise animate in Ottawa and had identified a need for IT training centres in Canada.

“It was difficult at first because I had no background in IT, but I spent the next few months shadowing him and soaking up everything I could learn about IT and computers,” Seth says.

Six months after they opened their IT training centre, they were so industrious they had to expand. They got even busier when they struck on the conception of developing computer-based training modules so students could learn at their own quicken from any location — a common exercise now, but it was innovative at the time.

Within two years, Seth and his brother-in-law had 35 software engineers working for them in Canada. Through persistence — verging on stubbornness — Seth was likewise able to attract the attention of a major U.S. marketing difficult to spend their services. Landing the business took Seth 47 phone calls before the U.S. firm’s CEO finally returned his call and gave him the time to do his pitch. The difficult ended up liking Seth’s company so much that they purchased it for themselves in a $6 million deal.

Onto a original tasty venture

Throughout his toil life, Seth had always felt a sturdy passion for food — something else his father had instilled in him. After nearly a decade in the IT business, Seth decided to shift gears and set his sights on the food industry.

“Every Friday, during my ultimate two years in IT, they used to bring in chefs from the top Indian restaurants in Ottawa to cook for their staff. That really got my passion for food burning again,” Seth says.

He studied what was then called the Café Supreme chain, which has since been rebranded as La Prep. He convinced the chain’s owner to allow him to buy the rights for Southern Ontario as a master franchisor and opened his first store in 1999 in Toronto beside St. Lawrence Market.

But Seth quickly ran into problems. The location was far too large and expensive to maintain. He had difficulties with his landlord. He battled against mixed branding. Not enough customers came through the door. He shut the restaurant down after one year, losing approximately $500,000 in what Seth calls the most-expensive lesson he has ever learned. Most importantly, he decided stand-alone locations wouldn’t toil for the chain and they would consequence better in places where there was already massive foot traffic, such as malls and office towers.

Seth establish the lessons he scholarly through the restaurant’s failure to the test in 2001 when he opened his second location in Erin Mills Town Centre. It was a hit, followed by a equable list of original locations in the years after — any of them successes.

Last year, Seth bought out the previous ownership group and became the chain’s owner. Today, La Prep has 50 locations across the country and Seth aims to double that number within the next four years.

Two years ago, Seth likewise launched a divorce restaurant concept — a unique Indian street food eatery based in Mississauga. Inspired by many of the traditional Indian dishes Seth’s father introduced to him during road trips and outings, Chaska offers a loaded menu beyond what can breathe commonly organize at mainstream Indian eateries.

The concept is proving to breathe another hit. Seth has secured four original locations to open Chaska in downtown Toronto in 2019, starting with one at the Atrium on Bay in January.

No matter what realm he has worked in — textiles, retail, IT or the food service industry — the one common denominator for Seth has been a passion to learn and a drive to succeed, traits he scholarly early from his father.

“I arbitrator he would breathe proud. He wanted me to consequence well,” Seth says.


Ten IT and business Benefits of Cloud-Based Integration | killexams.com existent questions and Pass4sure dumps

With today's global and distributed commerce, organizations of any sizes are having to collaborate and exchange information with a growing ecosystem of divisions, partners and customers. Most companies want to communicate electronically and in existent time, but beyond email, managing the exchange of data, messages and documents can breathe challenging and expensive.

Traditional EDI, networks or point-to-point integration systems are not providing the interoperability, agility and real-time information exchange businesses need to compete. In addition, companies need to consequence more than merely exchange data; they need to integrate complete business processes, such as procurement, supply chain management, eCommerce, benefit claims processing, or logistics, to title just a few.

As with other technologies, integration solutions are poignant to the cloud in order to provide this increased flexibility and complexity. Today, there are an increasing number of technology vendors giving customers a choice of traditional on-premise integration - where the company manages the connections, mapping and business processes itself - or cloud-based products with sturdy self-service or managed service support.

While the cloud may not breathe usurp for every company or solution, it is an yardstick platform for integration, as it enables seamless interaction and collaboration across communities and systems. From clear economic benefits to increased IT agility to existent business impact, a cloud-based integration solution brings value across the IT and business aspects of the organization. Below we've outlined the top 10 IT and business benefits of conducting multi-enterprise integration in the cloud.

  • Improved partner and customer relations and retention
  • Increased revenue and margin
  • Improved order accuracy
  • Faster time-to-market
  • Greater competitive advantage
  • Reduced costs and capital expenditures (CapEx)
  • Increased operational efficiencies and reduced manual processes, allowing ways to rend headcount to more strategic projects.
  • Extended investments in legacy applications and systems
  • Aligning IT with business goals
  • Scalability and flexibility
  • Let's peek at each of these in a bit more detail with real-world examples.

    1. Improved partner and customer relations and retentionCompanies must do it light to consequence business with them - it's no longer realistic to divulge suppliers to adhere to a solitary format, such as EDI, as companies tolerate investments in applications and systems they need to extend. Plus customers tolerate more choices than ever before, so if you do it difficult for a customer (or partner) to exchange information with you, they will rend to a competitor.

    A much case of this is a mid-sized electrical supply distributor, Mayer Electric Supply. An increasing amount of its business was being conducted online, but its eCommerce site and related processes were not keeping pace with customer demands, many of whom were large multinational organizations. Mayer chose to bring its online catalog in-house, having its internal IT team rework the catalog and manage the system, but it turned to a cloud-based integration platform to manage the eCommerce "punchout" and integrated purchase order exchange. This enabled any customers to shop with Mayer directly from their existing procurement systems and incorporate the process into its overall procurement toil flow. The result for Mayer was improved customer retention and increased order size.

    2. Increased revenue and marginOne of the greatest growth areas for cloud-based integration is in exact chain processes, because companies realize that keeping customers nearby and improving customer-facing business processes has a direct impact on the top and bottom line. With the companies we've surveyed, any of them tolerate experienced improved metrics around retention, order size, revenue and margin.

    Take, for example, Invitrogen (now Life Technologies Corp.), a $3 billion per-year supplier to the global life sciences community. The company wanted to help its customers' online business undergo to extend revenues. By leveraging a cloud-based integration solution, Invitrogen was able to accept transactions from diverse customer procurement systems via its website and rationalize an order management system that encompassed more than a dozen platforms. Invitrogen saw orders tower 29 percent after an account was integrated.

    3. Improved order accuracyOver the ultimate decade, they tolerate seen a significant extend in exact for integrating eCommerce and procurement processes. These embrace procure-to-pay, order-to-cash and "punchout." By using a cloud-based integration solution, the undergo to integrate these processes is seamless for customers and suppliers. One key benefit of this, as mentioned above, is increased revenue, but there is likewise a secondary benefit around order accuracy. One eCommerce company saw order accuracy help to 99% after implementing a cloud-based integration process with its customers, improving inventory management and delivery times, and removing manual intervention from the process.

    4. Faster time-to-marketAcross industries and markets, there is an increasing customer force around the "power of now. Customers want to receive products and services more quickly and with less effort. This is significantly related to the overall trend around the consumerization of business technology, as business people want the very undergo at toil that they receive shopping or researching online at home. This requires significant improvements in business agility and in the talent to deliver products more efficiently to meet fast-moving markets. To achieve this, companies must toil more closely than ever with suppliers, distributors, retailers and partners.

    Cloud-based business integration enables real-time collaboration and the exchange of information surrounding logistics, parts, designs, inventory, customer order trends, procurement and other censorious processes. Being able to receive messages in a matter of hours versus days or weeks can do the incompatibility between getting the deal or not.

    5. Greater competitive advantageThe ease of cloud-based integration can likewise aid companies win original customers and boost market share, enabling miniature to mid-sized businesses to compete directly with much larger players. In addition, integration can ensure that companies can seamlessly toil with customers and partners by not requiring that any business processes occur in a particular format, which may not breathe compatible with the format that the customer or partner is using.

    For example, Office Depot turned a shortcoming that kept it from fulfilling portions of orders from customers into a competitive advantage. By poignant specific transactions to a cloud-based integration platform, Office Depot was able to seamlessly toil with a diverse set of customers using many different procurement systems. The result: A "gain in market partake with very petite investment."

    6. Reduced costs and capital expenditures (CapEx)Traditional integration solutions can breathe costly, often require a specialized and expensive skill set from workers, and are prostrate to wreck at the slightest change in format or schema. Furthermore, IT departments are usually under pressure from the business side to help IT operations and aid drive greater revenue or business impact, but rarely are given the additional resources to consequence so.

    Integrating existing systems through cloud-based integration helps companies avoid or delay the costs of replacing infrastructure. The Software as a Service (SaaS) subscription pricing model allows funds for integration to breathe moved from the capital budget to the operating budget, making integration easier to meet into the IT budget, and enabling IT to spend capital on other more capex-intensive projects.

    7. Increased operational efficienciesSome of the greatest gains in operational efficiency approach from transitional manual processes to automated ones. As they know, this likewise tends to reduce costs and help accuracy. With cloud-based integration, fewer people need to manage connections and transactions, as it enables frictionless system-to-system business processes automation.

    While every IT team needs to point to operational improvements, nearly everyone they talk to is worried that cloud or SaaS-based solutions will intend a reduction in IT staff. They tolerate not had one customer undergo where this has occurred. On the contrary, what they tolerate seen is IT staff moved to more strategic projects or to working on original innovations to drive business growth.

    A much case of this is with the consumer products division of Cisco, which uses cloud-based business integration to aid manage and automate key processes across a growing, global distribution network. While the company says the rend to the cloud saved it the costs of two full-time staff, the IT team that had previously managed EDI connections and translations were moved to manage partner relationships and strategic projects.

    The very is trusty for Whirlpool Corporation, whose North American CIO emphasizes that IT people are focused on managing strategic relationships and projects, and the company leverages the cloud and technology partners to manage much of its infrastructure and integration requirements.

    8. Extended investments in legacy applications and systemsIntegration can extend the life of legacy assets by enabling any members in the integration community to toil from existing systems. With cloud-based solutions, there is no "rip and replace" required, and there should breathe minimal to no software or hardware required behind the firewall. This is a much artery to upgrade business processes or help efficiencies without having to invest heavily in solutions or migrate processes to a original system. This interoperability and extension of systems is a censorious reason many companies are turning to cloud-based integration solutions.

    9. Aligns IT with business goalsHow many times tolerate IT leaders heard it's any about "business technology" and making certain IT impacts the business? Wouldn't it breathe nice to find a solution that provides this alignment with petite effort? business integration is one of those areas that is truly a win-win. Oftentimes, it is the line of business that discovers the need for improved integration, such as the logistics, procurement or eCommerce manager, where there is a clear twinge and a need to help processes. By working with the business on integration challenges and using cloud-based solutions to manage it, you can quickly achieve business impact without negatively impacting your IT budget or goals.

    10. light scalability and flexibilityDuring the recent economic downturn, it was more primary than ever for companies to tolerate the option to scale back on IT and in some cases integration costs. With an on-demand integration solution, companies can quickly and easily extend or reduce connections, transactions or the number of companies in their integration community, and then scale back up when business requires it. In addition, one of the greatest benefits of cloud solutions is the talent to start miniature and expand as needed, when you are ready.

    These are some of the top ways companies can see measureable IT and business benefits from a SaaS-based integration solution, many of which are realized in a matter of weeks or months. Integration enables business process automation across the supply chain, exact chain, generic operations, procurement, eCommerce and other business areas. A SaaS-based integration solution can likewise aid remove the challenge of traditional business integration methods while delivering substantial business and IT value.

    Beyond the transaction, it can provide visibility into business processes, partner operations and customer needs. Benefits are realized across an entire organization, from business units to IT to the CIO, providing predictable costs, greater operational efficiency, higher margins and revenues, and automated business processes. For these reasons and others, business-to-business integration should breathe a key constituent of consideration for any company's overall strategy.



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    Operations & Process Management: Principles & Practice for Strategic ImpactOperations & Process Management: Principles & Practice for Strategic Impact
    By Nigel Slack, Alistair Jones
    Publisher : Pearson (Feb 2018)
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    Publisher : Pearson (Aug 2017)
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    Urban EconomicsUrban Economics
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    Urban EconomicsUrban Economics
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