Part of running a business is to ensure that you protect what generates money. Often this means your files, business contracts and agreements as well as other confidential and important documents. Most of these important documents are often stored in a computer or laptop system online or offline. This can be dangerous as there are many viruses that can ultimately remove and delete files from your computer without you knowing.

A free antivirus software tool from a Finnish security company can help to detect all forms of the five different malware families used to steal online banking information. The Debank tool was originally created by Fitsec for scanning enterprise machines. It works by scanning the process memory of a computer to detect malware that is compressed before distribution.

Compressing or packing is one technique that can sometimes fool standard antivirus programs which can mistake the malware for a different program each time it is repackaged. Other antivirus programs use heuristics in addition to traditional signatures to detect malware, but this approach does not always yield as much success as performing a full sweep of memory. The Debank program analyzes the core program code which is rarely changed by malware authors.

Cloud-based business intelligence software from OfficeXta is bringing it's Enterprise 2.0 Business Intelligence Reports to the Google Apps marketplace. This new application is geared towards businesses who are seeking a low cost report tool that can be used with a variety of hardware and software platforms.

Best of all, this new software is free to subscribers of the OfficeXta enterprise collaboration platform. It can be accessed from any device to offer users a world class platform that businesses of any size will find useful. This new, cloud based approach allows enables employees and clients to achieve new levels of collaboration and reduce IT costs, improve productivity, and boost the bottom line. Some of the key features of this software include complete support for spreadsheets, HTML, forms, charts, reports and more.

Walt Disney Company may decide to revise the prices on which it has decided to delist UTV Software. This change in the course of action was brought about by a negative response from investors upon hearing the original delisting price of Rs 1,000 per share for the software entertainment company. UTV Software's stocks rose by 4 % and the software entertainment firm has outdone the Indian benchmark SENSEX, in the past six trading sessions. Analysts say that the offer price will most likely be revised and will only go upwards. Market analysts also stated that a meaningful increase would be unlikely as Disney's offer for UTV Software is already at 71 per cent premium to the average stock prices over the last year.

Researchers at Cornell have developed a software which is able to distinguish fake reviews from real ones. The software examined around 800 reviews of hotels in Chicago and fake reviews were picked up with 90% accuracy.
According to Myle Ott, a graduate student, though the study has been done for the first time, the software will help to do away with fake reviews.
Manual sorting of fake reviews mixed with original ones did not bear much fruit. The judges who were selected to do the exercise, failed to distinguish the fake from the original, which the software could do with far greater accuracy.
A subtle way of analyzing the terms in the text, was the method adopted by the software, in the sorting. Some concrete words are used in original reviews, which the fake reviews do not take into account. Also fake accounts use more of verbs whereas the real ones use more of nouns.

Revenues from Software as a Service, SaaS, will grow by 20.7 % and touch $12.1 billion worldwide in 2011 according to Gartner Inc.
The firm also predicted the rise in SaaS spending till 2015 when the worldwide revenue is expected to touch $21.3 billion. Research Vice President at Gartner, Tom Eid, stated that SaaS was growing even after a decade of its introduction and its adoption was increasing within the markets. The interest in leaner alternatives to save money by the enterprises will further help SaaS and PaaS.
Customer relationship management is still the largest market for SaaS with its contribution of $3.8 billion in 2011 which is up by $600 million from 2010. SaaS could be representing 32% of the CRM market's software revenue in 2011.
SaaS also has an impressive presence in the CCC markets where their revenues will rise to $3.3 billion this year. The adoption of SaaS has been more widespread since the computing models have matured and the organisations are not concerned with security and service availability.

The state of Hawaii will use a $3 million grant from the Hawaii Community Foundation (HCF) to create a new IT management office, which will be led by the state's first CIO. The new office will oversee the modernization of the state's technology system, providing greater accountability for data and spending, enhancing security and backup measures and reducing energy usage.

Hawaii Governor Neil Abercrombie said that one of the biggest factors that is wasting taxpayer time and money is the state's outdated IT systems. The state's IT systems haven't been upgraded in decades, and given quickly technology advances this is unacceptable. The grant to fund the Office of Information Management and Technology (OIMT) is through the HCF, but the money origiannly came from the Omidyar Ohana Fund. This is a donor-advised fund established through the support of eBay founder Pierre Omidyar and his wife Pam. Part of the grant money will also come from future sate legislation.

Neoris, an IT consulting company that specializes in SAP and application outsourcing recently announced that it has been named to the Global Services as one of the Top Outsourcing Leaders in Latin America.
This list was taken out by a panel of experts from Global Services and NeoGroup who made use of a weighted scoring scheme to rank the top 100 global services providers.
Neoris was named to the 2011 GS100 in five categories:
1. Top Outsourcing Leaders in Latin America
2. Top Latin America Delivery Leaders
3. Top Enterprise Applications Vendors
4. Top Global Mid-Tier ITO Vendors
5. Leading Mid-Tier ADM Vendors
CEO of Neoris says that from the very beginning near shore outsourcing has been a big element of the company and it has been considered a major factor for 40% of the company's annual growth.

The new Forrester Research report, focussing on improving Infrastructure and Operations Change Management and Incident Processes, commends Evolven's change and configuration management solution.
The Forrester report titled 'I&O Execs: It's Time to Rediscover BSM' describes how newer advanced solutions will prove helpful to IT operations professionals to achieve their business service management (BSM) goals. Additionally, the Forrester report also reflects on how the actual BSM model was founded with the capability to map business services to infrastructure components.
Evolven, a supplier of breakthrough change and configuration analytics solution for the modern data center and cloud, is excited to be recognized in the Forrester report as capable of helping IT operations professionals of today achieve their BSM goals, asserts Sasha Gilenson, CEO of the company.

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/06/14/prweb8566816.DTL

Cambridge Solutions Ltd – a bpo firm sold its subsidiary Cambridge Integrated Service Group, Inc which was making loss for 22.7million dollars to Sedgwick Claims Management Services which is US based. Almost 75% stake in Cambridge Solutions is owned by Xchanging Plc. – British bpo firm.
Ken Lever, CEO of Cambridge Solutions said that the future of its employees and customers is secured due to this take over of this bpo firm.
Cambridge Solutions has about 4600 employees and is an international information technology and bpo service provider. In FY 2010, the company reported net income of 49.53 million dollars with almost 66% of its revenue generated from the USA, India, and Europe. Its main role is processing insurance claims.

Spiceworks version 5.1, which is now in beta, has added IT management capability for the cloud computing environment. Specifically, Spiceworks has added the ability to manage Google Apps for Business and Rackspace Cloud Servers to the new version of its software aimed at small business IT pros. The company bills itself as the "social business network for IT", because its application combines free network management, network monitoring and help desk support with a Facebook-style community of IT professionals through which organizations can collaborate and support management of cloud and on-premise technologies.

Recent company research suggests that IT pros in the small and medium sized business space expect to spend about 26% of their budgets on hosted and cloud services, and 40% plan to purchase, upgrade or renew hosted e-mail services during 2011, making cloud computing an important target market for the company.