Financial analysis has never been an exact science. Occasionally, the theoretical models upon which it is based are even “bad” science. The root cause is that economic decisions undertaken in a real world of uncertainty are invariably characterised by hypothetical human behaviour, for which there is little empirical evidence. Thus, a financial model may satisfy a fundamental requirement of …
The world of information technology is evolving rapidly. Enterprise applications must deliver services that meet the needs of the global business environment, ensure that users’ data remains private, protect the integrity of enterprise data, and ensure that business transactions are accurate and processed quickly. Enterprises today need to extend their reach, reduce their costs, and lower the…
The iPad is transforming the way businesses work with the power of mobile solutions; these include the manufacturing, retail services, and medical industries. Using the iPad makes it easy to deliver stunning presentations, collaborate with colleagues remotely, and access important business information from wherever your work takes you. Some businesses have been using the iPad as a mobile sales…
In general, document capture refers to the process of scanning paper documents using scanners or cameras, and transforming these documents into an electronic file such as a PDF, TIFF, and so on. Through a type of document capture software, these electronic files are assessed through character or pattern recognition (that is, OCR, ICR, and OMR) and converted into meaningful data or information, …
When programmers get together to talk, the conversation is likely at some point to turn from .NET frameworks or memory usage patterns to copyrights, patents, or trade secrets. People in the computer field realize that a cluster of legal concerns known as intellectual property (IP) plays a big role in its development. Consider just a few of the headline-making legal issues in technology over the…
Risk is a quantitative evaluation of the potential damage caused by an attack, a vulnerability, or an event impacting the set of company IT assets. A vulnerability (or weakness) is a lack of a safeguard, which may be exploited by a threat, causing harm to the information systems; specifically it can be a software flaw that permits an exogenous agent to use a computer system without authorizat…
This paper reviews a number of recent surveys relevant to risk management by UK insurers. These include the results of four surveys specifically on UK insurers. Our findings suggest that the risk management practices of UK insurers are variable, generally behind best practices in adjacent sectors, and in some cases are a cause of concern. However, we also find that they have been improving sign…