Technology: Page 27
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Smart Phones Pose a New Risk
Employees are increasingly using their personal mobile devices on the job, often with the explicit approval of their employers. But while that permits more work to be done outside the office and at odd hours while sparing companies from paying for the devices, it doesn’t add up to a pure win-win ...
By David McCann • Sept. 9, 2010 -
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Software Safety Zone
It may comfort CFOs who sign off on technology expenditures to know that, regardless of the recession, software vendors are likely to be stable, healthy, and good bets for survival.While it is perhaps no surprise that the software sector, with its potential for delivering efficiencies to customer...
By David McCann • Sept. 3, 2010 -
Explore the Trendline➔
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TrendlineThe CFO Strategy for Artificial Intelligence
Artificial intelligence’s impact on the office of the CFO continues to evolve, and finance chiefs must be aware of the opportunities it will create for growth.
By CFO.com staff -
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The Truth About SAS 70
SAS 70 certification validates that Sabrix operates as a certified and trusted outsourced tax research provider that meets the rigorous operational controls associated with Sarbanes-Oxley compliance.That declaration, which resided at press time on the Website of Sabrix, a tax-management software-...
By David McCann • Sept. 1, 2010 -
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Trouble Looms for Company Websites
How would you like it if customers had to log in at your e-commerce site over and over during the same session? Or if you couldn’t tell where site visitors were from? What would you think if you sounded as if you had a speech impediment during a streaming-video press conference?Those are just a f...
By David McCann • Aug. 16, 2010 -
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Six Costly Cloud Mistakes
The chance to cut costs is one of the chief reasons companies turn to cloud computing, but how much is saved may depend on avoiding some common mistakes and misperceptions.On the surface, moving to the cloud seems like a can’t-lose deal. When third parties (such as Amazon.com, Google, Hewlett-Pac...
By David McCann • Aug. 12, 2010 -
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The Cloud’s Legal Lining
Everyone, it seems, is weighing in with opinions on how the evolution, or revolution, of cloud computing will play out, and attorneys are no exception.Reed Smith, one of the nation’s largest law firms with more than 1,600 attorneys, is planning a series of white papers exploring legal and regulat...
By David McCann • Aug. 10, 2010 -
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Your Cloud or Mine?
Unless you’ve been on a very long sabbatical, you have no doubt heard about “cloud computing” as the future of information technology.But the conversation is quickly morphing from a discussion of “the cloud” to a potentially confusing choice between “public clouds” and “private clouds.”Definition...
By David McCann • July 15, 2010 -
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Internal Auditors Target Spreadsheets
Last month the Institute of Internal Auditors plugged a gap in its guidance for members by issuing recommendations for the auditing of “user-developed applications,” which generally are spreadsheets and databases developed by end users rather than by IT personnel.User-developed applications, or U...
By David McCann • July 8, 2010 -
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The Cost of Social Media Phobia
Many executives may remain skeptical that the use of social media in the workplace is anything other than a distraction from the work at hand. But companies that forbid or severely restrict the modern communications technologies may miss out on assorted opportunities.To assess the business value ...
By David McCann • July 2, 2010 -
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Why IT Should Be a Snap for CFOs
Charlie Feld has a message for CFOs: when it comes to information technology, chill out. It’s no more difficult to get your arms around what you need to know about IT than it is for any other important company function.CFOs, of course, often don’t see it that way. And many have grown jaded over t...
By David McCann • June 24, 2010 -
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The Cloud Casts a Shadow
The proliferation of cloud-computing services is enabling many companies to lower information-technology costs and the capital risk associated with innovation. But there is a darker consequence of the cloud: a rise in “shadow IT.”Shadow IT is the purchase or development of technology services out...
By David McCann • June 15, 2010 -
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Certainties: Death, Taxes, and the Cloud
Cloud computing is fast gaining traction as an effective way to scale computing capacity according to shifting needs and to lower the operating cost of IT services. Indeed, most business functions are worthy candidates for outsourcing to the cloud, to the point where companies may soon begin to q...
By David McCann • June 4, 2010 -
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Web Access Limits: Not Suitable for Work?
When news broke in April that 28 Securities and Exchange Commission staffers had been caught porn-surfing, it was a reminder that the more things change, the more they stay the same. In fact, ever since Internet access became common at work, companies have struggled over whether and how to limit ...
By David McCann • June 1, 2010 -
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Slate Expectations
This year’s biggest buzz-generating gadget, Apple’s iPad, has beaten even the rosiest sales forecasts. Domestic demand for the snazzy tablet computer topped one million units in the month following its April 3 debut. While critics complained that the iPad is both less than a phone and less than a...
By David McCann • June 1, 2010 -
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IT Changes Quickly, Perceptions of It Don’t
Information technology is getting faster, richer, and more powerful at ever-accelerating speed, but views on its value by people making technology purchase decisions at corporations are evolving at a more deliberate pace.CDW, a tech-consulting firm, has been conducting a survey of such decision m...
By David McCann • May 25, 2010 -
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Digital Divide
What could bring Bill Clinton and Newt Gingrich into harmony? Not much, at least politically. But the former president and ex-House speaker are among a host of luminaries who are offering high praise for a new book that describes how the concept of “pull” presents companies with unprecedented opp...
By David McCann • May 20, 2010 -
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Tech CFOs Eye Role in Policy Debates
A key hallmark of the Great Recession was a deep dip in corporate spending on information technology. By the same token, an uptick in tech spending is heralding the economic recovery, with companies like Intel, Microsoft, Advanced Micro Devices, and IBM recently reporting surging revenues and pro...
By David McCann • May 10, 2010 -
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Push-Button Patent Review
For players in innovative fields like technology and pharmaceuticals, winning patents is a big part of the battle — and so is getting rid of them. Large companies may hold thousands or even tens of thousands of patents, some of which they no longer need or want.Battling “patent creep” can be an i...
By David McCann • May 4, 2010 -
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An Action Plan for IT
When a CFO assumes oversight of IT, it may be cause for congratulations — and condolences. Information technology is often an underleveraged asset, and a leader who can tap its full potential will make a major contribution to the business. On the other hand, such an advance is sure to entail head...
By David McCann • May 1, 2010 -
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The New Star of IT Cost Allocation
A holy grail for many companies is to reduce the 70% or so of their information-technology spend that is devoted to operating existing systems, thereby freeing up more resources for adding new capabilities. But the way costs are allocated across business lines and corporate functions can keep the...
By David McCann • April 28, 2010 -
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IT’s Need for Speed
When it comes to making fundamental changes to a business, speed trumps everything, says consultant Jack Bergstrand. Indeed, the firm of which he is CEO is called Brand Velocity, for its focus on helping companies in reinvention mode accelerate their time frames.Bergstrand is no stranger to perso...
By David McCann • April 14, 2010 -
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If You Build It…
No matter how much rigor a company may bring to it, building a data warehouse remains an act of faith. It can also entail a lot of pain.So what prompts a company to do it? Pain.That was the case at Impax Laboratories, which embarked on a data-warehousing project in 2006 after determining that pri...
By David McCann • April 1, 2010 -
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The Democratic Way to Great IT
Frustration over information technology may be one of the most common attitudes among business leaders. From failed projects and systems degradation to costly downtime and data-security lapses, when it comes to IT it often seems that anything that can go wrong will go wrong, sooner or later.At th...
By David McCann • March 2, 2010 -
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A Sense of Agreement
Don Doherty spends a fair amount of time these days doing something most CFOs don’t: cheering up his IT staff. The technology team at MI Windows and Doors is eager to implement new systems, but the budget is tight at this $200 million manufacturer, which was hit hard by the recession. “When they’...
By David McCann • March 1, 2010 -
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Best Buys in Offshore Manufacturing
Until a few years ago, choosing an offshore manufacturing location was fairly straightforward, with finance chiefs and their fellow executives typically focused on a handful of cities in China. But with the volatility in the dollar, fluctuating transportation and commodity costs, and shifting glo...
By Kate O'Sullivan • Feb. 18, 2010