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Friday, May 20, 2016

IT News Week 3 May 2016

For IT News Week 2 May 2016.

For this week / last week, here are / were the biggest news.
  • PR - May 19, 2016 - Tokyo - Transcosmos Acquires 100% Ownership of Social Gear, a Social Media Operational Support Company
  • PR - May 19, 2016 - Laser Components: 532 nm Precision Laser Module
  • PR - May 19, 2016 - OSU robotics program ranked best in West, fourth in nation
  • PR - May 19, 2016 - F-Secure’s New Service Pits Man and Machine against Targeted Cyber Attacks
  • PR - May 19, 2016 - Axios Systems becomes the first IT Service Management vendor to achieve accreditation for all 16 ITIL® processes
  • PR - May 19, 2016 - Goxip: Fashion Discovery App Raises $1.6M in Seed Funding
  • PR - May 18, 2016 - New 9th edition of Oxford dictionary app includes 170 new definitions from technology
  • PR - May 18, 2016 - Hitachi Data Systems Launches New Converged Infra Platforms for SAP Hana Environments
  • Shroders - May 18, 2016 - Where next for the US dollar?
  • PR - May 17, 2016 - 11street Academy is the First E-commerce Certification Programme in Malaysia
  • PR - May 16, 2016 - Aspect Software Bolsters Cloud, Partnerships and ASEAN Region through Leadership Appointments
  • PR - May 16, 2016 - Kaspersky Lab Reports Significant Increase in Malicious Spam Emails in Q1 2016



PR - May 19, 2016 - Tokyo - Transcosmos Acquires 100% Ownership of Social Gear, a Social Media Operational Support Company

Transcosmos inc. has made additional investment in SOCIAL GEAR PTE LTD (Headquarters: Singapore; CEO: Shunsuke Sato; hereafter, Social Gear), a company which provides social media operational support, and acquired 100% ownership of the company. At the same time, transcosmos elected Mr. Shunsuke Sato, CEO of Social Gear, a candidate for its Director & CMO.

Social Gear owns 2 official certifications such as “Community Management” and “Ad Technology” in the “Facebook Marketing Partner”, the official Marketing Partner Program of FacebookR. The company provides ads distribution/ optimization services through sophisticated Facebook operational support capability with leveraging Facebook insights and “social gear Ads+”, the Facebook Ads operational service tool.

Transcosmos has been providing social media operation and ads support in multi-languages in Japan and ASEAN countries since the company signed strategic alliance agreement with Social Gear in June 2015. With making Social Gear a wholly owned subsidiary, transcosmos, together with Social Gear, will drive efforts on developing services for Facebook while sharing technology, people and know-how.

Transcosmos continues to enhance its services that support client companies’ activities in sales & marketing arena and customer care on Facebook platform which has huge global growth potential.

PR - May 19, 2016 - Laser Components: 532 nm Precision Laser Module

Precision is all about alignment.

Standard laser modules exhibit an angular error of 0.5° or more. This means that at a distance of 1 m, the laser beam lands almost 10 mm away from the axis of the housing. If the laser is mechanically adjustable, this does not matter. If, however, the alignment of the laser is not possible because, for example, it is placed in a fix bore hole or adjustment is too complex, then LASER COMPONENTS‘ precision laser will be a better choice.


The angular deviation of the LT-PLM-532 amounts to 0.05 mrad or ± 0.05 mm at a distance of 1 m. This is an improvement of 200 times over the example shown above – and essential if machines or components have to be aligned very precisely.

A precision laser is also available with a 532 nm green laser light for mere visual alignment in a bright environment. The ability to recognize green light over red light on very dark surfaces or under daylight-like conditions is vastly improved. In addition, the dot is smaller and appears sharper, especially at shorter distances.

The precision laser is available with two types of housings: round with a diameter of 24 mm or square with a 32 mm edge length.

PR - May 19, 2016 - OSU robotics program ranked best in West, fourth in nation

Oregon State University’s graduate robotics program in the College of Engineering has been ranked as the best in the western United States and fourth in the nation, according to Grad School Hub.

Organization officials say the rankings are based on the specificity of the degrees offered and the quality of the research programs.

“This is a great acknowledgment of our strong start,” said Jonathan Hurst, OSU associate professor of mechanical engineering and College of Engineering Dean’s Professor.

“We are building our program in a very entrepreneurial way, like a startup company. Robotics is a relatively new field, and our students have the opportunity to conduct truly revolutionary research. They will go on to start new businesses, lead new efforts at established companies, and lead new academic programs at other universities.”

In this ranking, programs offering more focused degrees, such as the one at OSU, scored higher than those favoring comprehensive degrees. The rankings also reflected a school’s research program, which the report called “an extremely important consideration for graduate students — especially Ph.D. students, and especially robotics engineers.” Consideration was given to the number of faculty conducting work in robotics or related fields, and the number of focus areas and major labs included under the robotics program umbrella.

PR - May 19, 2016 - F-Secure’s New Service Pits Man and Machine against Targeted Cyber Attacks

If you aren’t seeing security incidents, you’re probably missing something. That's the message from F-Secure as it launches a unique new intrusion detection and incident response service to uncover threats in the corporate network. The managed service combines the best of human and machine intelligence with a promise to notify companies within just 30 minutes of a breach detection.

F-Secure Rapid Detection Service leverages the strengths of both human and machine intelligence to provide an all-in-one intrusion detection and response service that's ready to go immediately. The service consists of three major components: Endpoint and Network Decoy sensors that collect data about events and activities; F-Secure's threat intelligence and behavioral analytics, which analyze the data to identify anomalies; and the Rapid Detection Center, which is staffed 24/7 by a team of cyber security experts who identify and handle incidents. When a breach is detected, an expert will contact the customer within just 30 minutes with incident response and to offer optional onsite investigative services if needed.



PR - May 19, 2016 - Axios Systems becomes the first IT Service Management vendor to achieve accreditation for all 16 ITIL® processes

Axios Systems, a leading provider of IT Service Management (ITSM) software, has announced that its assyst product, has become the first in the world to achieve accreditation for all 16 PinkVERIFY™ ITIL® processes.

PinkVERIFY is an internationally recognized ITSM tool suite assessment service by Pink Elephant, a premier global training, consulting and conference service provider. In becoming the sole company to possess full accreditation, Axios has cemented its place as the global market leader.

Axios achieved accreditation for the 16th ITIL process of IT Asset Management (ITAM) with its ITSM solution assyst continuing to outpace the market. Incorporation of an ITAM Suite into the latest version of assyst provides global customers with the option to benefit from a fully integrated IT service and asset management solution. With more than 44 percent of CIOs focused on delivering seamless service and integrated user experiences[i] the ability to have all 16 ITIL processes within a single solution will redefine the next generation of IT service.

PR - May 19, 2016 - Fashion Discovery App Raises $1.6M in Seed Funding

Startup Goxip has raised $1.62 million in seed funding to expand to Hong Kong and Malaysia, investors: daughter of Malaysian billionaire Vincent Tan (Chairman of Berjaya Group) and Ardent Capital. The team won RISE Conference in Hong Kong last year for best breakthrough startup and have now launched their official ecommerce website. There is currently no way for consumers to go from 'fashion discovery' to a simple purchase and Goxip aims to solve this problem.

Highlights:
  • Image recognition technology to find exact or similar items found in images on social media, celeb websites, etc.
  • Disrupting traditional retail practices - giving merchants/shoppers tools to personalize their online retail experience (increase sales)
  • Signed over 15,000 designer brands including NET-A-PORTER, Topshop, Nordstrom, Shopbop
  • Currently offering 2 million products available on www.goxip.com
  • Will launch Goxip marketplace to improve Southeast Asia's lacking C2C space end of year
  • Expanding to Hong Kong and Malaysia
Goxip App

Goxip was founded by current CEO, Juliette Gimenez and Chief Product Officer YC Lau. Juliette was previously the founding member & Chief Revenue Officer of CNOVA and Vice President of uBuyiBuy and Groupon HK. YC is an investor and adviser at HK Golden, the top social forum in Hong Kong, and the founder of Feva Works IT Education Center.

PR - May 18, 2016 - New 9th edition of Oxford dictionary app includes 170 new definitions from technology

Paragon Software Group and Oxford UP released the newest, 9th edition of Oxford Advanced Learner’s Dictionary app for Android and iOS users. The app targets mobile users who need a reliable and the most up-to-date reference source always at hand. The app is based on the world’s most popular and best-selling print dictionary of the same title with lifetime sales of over 38 million copies.

The 9th edition comes with new features, redesigned user interface and 900 new definitions. These include 170 words from technology (for ex., “autofill,” “phablet”), new colloquial terms (for ex., “chill pill,” “deal with it!,” “bessie/bezzie,” “boot-faced”), new twists on old words (for ex., “twitterverse,” “twitterati,” “p-book”), e-compounds (for ex., “e-bike,” “e-cigarette”), lifestyle terms (for ex., “chipotle,” “foccacia,” “twerk”), jargoni words going into mainstream (for ex., “critical mess”), words from foreign languages, including two Japanese words — "shojo" and "shonen," Australian “schmick,” French “parfait,” Indian “chappal,” “chhi-chhi,” East African “mzungu" and many others.

Available on both Android and iOS platform.

PR - May 18, 2016 - Hitachi Data Systems Launches New Converged Infra Platforms for SAP Hana Environments

As the journey to digital transformation puts data at the centre of business strategy, converged infrastructures become a more critical element of corporate success. Hitachi Data Systems today announced a series of new Hitachi Unified Compute Platform (UCP) solutions for SAP HANA® environments. The new systems and enhancements provide optimised converged infrastructure platforms that allow customers to run multiple applications on a single platform - which reduces cost, complexity and data centre footprint.

The low-cost Hitachi UCP 1000 for SAP HANA is ideal for test and development and for small and medium-size enterprise environments, while the UCP 6000 systems help meet the needs of the most demanding data centre applications. UCP 6000 for SAP HANA Dynamic Tiering reduces data storage cost by placing active data in memory and placing less frequently accessed data in lower-cost storage. The analytics with UCP 6000 for SAP HANA enable users to consolidate data from multiple application sources, allowing users to quickly turn data into business insights.

HDS also announced that its UCP 6000 system has been added to SAP Co-Innovation Lab to develop, test and demonstrate the reference architecture in order to determine optimal configuration for running dynamic tiering and to ensure the openness and extensibility needed to integrate future innovations. “Hitachi Data Systems partnership with SAP combines SAP HANA’s in-memory database innovation to enable analysis of massive data sets; with Hitachi’s Unified Compute Platform’s future proof architecture, to deliver an integrated platform that drives real-time reporting and analytics. By offering outstanding performance, reliability and scalability, business users have instant access to knowledge to make more informed and timely decisions,” said Wee Kai Teck, Managing Director of Hitachi Data Systems Malaysia.

Shroders - May 18, 2016 - Where next for the US dollar?

by Harvinder Gill, Economist; Keith Wade, Chief Economist & Strategist

There has been much debate in markets surrounding the fortunes of the US dollar following the gradual tightening of monetary policy by the US Federal Reserve (Fed). In looking at the potential path of the greenback, we analysed data stretching back to 1975, focusing on the trade-weighted dollar before and after the Fed starts the process of raising rates. As shown in Chart 1, the performance of the dollar in the current interest rate cycle has been very different to the past.

This time, the US dollar rose close to 20% in the 24 months leading up to the first rate hike. Historically, however, the dollar has depreciated steadily in the run up.

With rates in the US expected to rise versus a host of other major central banks that are keeping rates stuck at zero, one argument states that increasing uptake in the gradually more attractive long US dollar carry trade should mean the dollar will continue to perform strongly.


PR - May 17, 2016 - 11street Academy is the First E-commerce Certification Programme in Malaysia

11street, one of the largest online marketplaces in Malaysia, launched ‘11street Academy’, the first ever e-commerce certification programme in the nation, targeting to help at least 1000 sellers and entrepreneurs to grow their businesses online.

According to Hoseok Kim, Chief Executive Officer of 11street, this initiative aims to impart every facet of e-commerce knowledge to help sellers expand their online businesses. “We have been receiving overwhelming response to 11street’s existing and basic training courses, which is an introductory level of e-commerce training session for the past one year. Majority of our sellers who took up the basic courses has purportedly reported a hike in month-on-month sales.”

11street Academy will kick start by offering a well-structured education program with a comprehensive syllabus to enhance sellers with state of art knowledge. This includes essential marketing skillsets offered by our partners, Google AdWords and Facebook, which allow online sellers to proceed to the next level as the market matures while fulfilling their drive in finding more effective ways to excel in e-commerce.

PR - May 16, 2016 - Aspect Software Bolsters Cloud, Partnerships and ASEAN Region through Leadership Appointments
  • Sanjay Gupta appointed as Head of Cloud Business – Asia Pacific and Middle East, and is also Managing Director of India and Middle East
  • Promotion of Shilpi Puri to Senior Director, Strategic Alliances and Partnerships, Asia Pacific and Middle East
  • Richard Loberas promoted to Head of Sales for ASEAN and Korea

“People are the foundation of everything we have achieved and everything we will achieve. As a company, we place the highest value on people and leaderships. We remain committed to work, serve and make the difference for our customers and partners. Sanjay, Richard and Shilpi are top talents who have leaned in, stepped up and helped make the difference with their proven leadership capabilities and expertise, while embracing our core values and culture,” states Jagan Narendran, Senior Vice-President for Asia Pacific and Middle East, Aspect Software.

PR - May 16, 2016 - Kaspersky Lab Reports Significant Increase in Malicious Spam Emails in Q1 2016

The latest Kaspersky Lab Spam and Phishing Report has discovered that although the quantity of spam emails has been decreasing, they have become more criminalized. At the same time, the level of malicious mailshots has dramatically increased - Kaspersky Lab products prevented 22,890,956 attempts to infect users via emails with malicious attachments in March 2016, twice the number of attempts reported in February 2016.

Since 2012 the level of spam in email traffic has constantly been decreasing. However, the quantity of emails with malicious attachments has increased significantly – in Q1 2016 it was 3.3 times higher than during the same period in 2015. There was also a growing amount of ransomware reported throughout the quarter. This is often propagated through emails with infected attachments - for example Word documents. The main actor on this field in Q1 was the ransomware Trojan Locky, which has been actively distributed via emails in different languages and has targeted at least 114 countries. Locky emails have contained fake information from financial institutions that have deceived users and forced them to open the harmful attachment.

Kaspersky Lab’s findings suggest that spam is becoming more popular for fraudsters to target Internet users, because web browsing is becoming safer. Almost all popular web-browser developers have now implemented security and anti-phishing protection tools, making it harder for cybercriminals to propagate their malware through infected web pages.

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