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Wednesday, June 19, 2013

Focused conversations within the Georgia technology community.

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Jamie Cwalinski

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2 weeks ago
Mary Rose Macaranas created a new topic The Network and Oversight Systems to Integrate FCPA-Focused Solutions in the forums.


Partnership supports Department of Justice guidance by holistically addressing FCPA risk identification and mitigation.

ATLANTA – May 30, 2013 – The Network, Inc., a leading provider of governance, risk and compliance (GRC) solutions, and Oversight Systems, a pioneering transaction analysis software company, today announced a technology partnership to jointly develop solutions to break down traditional silos of compliance-related data and holistically address FCPA compliance via integrated transaction monitoring, the first such integration of its kind in the industry.

With the recently updated FCPA guidelines, transaction monitoring has received greater scrutiny as a best practice for a complete compliance program, using compliance data to help close the loop on FCPA risk identification and mitigation activities. The solutions collaboratively developed by The Network and Oversight Systems will allow organizations to integrate results from transaction monitoring into their ethics and compliance strategies and provide greater insight into the effectiveness of a corporate compliance program.

Focusing on best practices for FCPA compliance, the partnership will combine Oversight Systems' transaction monitoring and analysis technology with The Network's Integrated GRC Suite and Reporting & Analytics Platform to identify and remediate suspicious activities that could be in conflict with the FCPA. The internal auditing and compliance functions within an organization can then use that data to review the compliance score of individual employees, in terms of policy attestations, training, incidents, investigations, risk assessments, etc.

“Our transaction analysis capabilities monitor the breadth of activity that can expose FCPA risk," said Patrick Taylor, CEO of Oversight Systems. "To date, Oversight has saved customers millions of dollars through payments monitoring alone. Identifying suspect behavior related to vendor payments or vendors on lists maintained by the Office of Foreign Assets Control (OFAC) provides a solid foundation to monitor for FCPA compliance.”

With the innovation of seamless integration points between transaction monitoring, auditing and compliance management, the jointly developed solutions will be targeted toward organizational areas at higher risk of FCPA violations, including sales, finance, third party, global transactions, and travel and entertainment.

“Through transaction monitoring, an organization can build a 'suspicion index' for a particular individual or location," said Jimmy Lin, Vice President of Product Management and Corporate Development at The Network. "As the index rises, The Network's solutions help close the loop by providing an integrated view of the individual’s compliance profile. At the same time, individuals or locations with exceptionally low compliance profiles can inform transaction monitoring strategies to identify suspicious financial activities.”

Lin continued: "As a result of our partnership, organizations will be able to identify FCPA policy non-compliance and develop remediation tactics to more effectively address FCPA risk. This provides the most comprehensive approach to meeting the latest FCPA guidelines in creating a risk-based, effective compliance program.”

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About The Network, Inc.
The Network is a leading provider of integrated governance, risk and compliance (GRC) solutions that allow organizations to create better workplaces and ethical cultures. The Network’s Integrated GRC Suite, recognized as the “Apple of GRC” by GRC 20/20, is the first natively integrated enterprise GRC software platform in the compliance industry. The Suite was built to leverage the way employees retain and apply ethics and compliance information and helps companies prevent, detect and remediate non-compliance and unethical conduct. A SaaS-based technology solution, the Suite integrates policy management, training and communications, code of conduct, surveys and assessments and case management, all on a reporting and analytics platform. Originally established as the first whistleblower hotline provider in 1982, The Network serves thousands of organizations in every industry, including nearly half of the Fortune 500. For more information, visit www.tnwinc.com.

About Oversight Systems
An innovative data analysis software company, Oversight Systems acts as a virtual data analyst, transforming big data into targeted, actionable insights for enterprises and government agencies. The Oversight Operational Analysis Platform acquires data from multiple sources, including ERP systems and external and unstructured data, and precisely applies predictive analytics and transaction monitoring via evidential reasoning analysis to deliver insights and drive action at the front lines for better decisions. Based on its platform, Oversight provides operational analysis point solutions designed to target specific areas of risk and opportunity, including corruption, fraud, payment/billing errors, customer retention and revenue management. Oversight's platform is newly available for consultants and other third parties to develop and deploy their own expertise. An SAP and Oracle partner, Oversight customers include leading Fortune Global 500 companies and government agencies. Visit www.OversightSystems.com for more information or the Oversight Blog.

For more information:
Joy Harper Reddy
Arketi Group
(404) 929-0091 x209
jreddy@arketi.com

Jenn Pratt
Carabiner Communications
(404) 655-2273
jpratt@carabinerpr.com
May 30
4 weeks ago
Mary Rose Macaranas created a new topic HomecareCRM Launches Integration with PointClickCare to Improve Efficiency in the forums.

ATLANTA – May 21, 2013 - HomecareCRM, LLC, the industry leader in customer relationship management (CRM) solutions for the home healthcare and long-term care industries announced that it has launched an integration with PointClickCare, the most widely used Electronic Health Record (EHR) platform for long-term care.

Through this integration, long-term providers now have a complete platform that provides both efficient management across the entire resident care lifecycle and the tools and data necessary to manage the growth and profitability of their business.

“The long-term care industry is expanding dramatically. Home and long-term care providers must meet both a growing demand for efficient services and manage competition,” said Karl Dumas, chief executive officer of HomecareCRM. “This integration with PointClickCare further enhances our LongTermCareCRM solution that is specifically designed for long-term care providers. The integration also demonstrates our focus on growth for both our customers and our business.”

One of example of this partnership is demonstrated through a jointly conducted webinar on to how motivate your staff with incentive strategies and programs. To learn more about how to select the best incentive compensation strategy that will motivate your sales team, watch the full webinar.

To view a social media version of this release, visit http://pitch.pe/10T9Whh.

About HomecareCRM LLC
HomecareCRM, LLC, is the homecare and long-term care industry’s leading customer relationship management solution provider, delivering the first and most robust solution specifically designed for home health care providers. Founded in 2003, the company’s innovative CRM solution was the first CRM offering integrated with referral, patient and provider data. Real-time access to the HomecareCRM platform is available to agency marketers using desktop, laptop or smart phones. Now in its 7th version, the solution has been implemented by agencies in 44 states. For more information about HomecareCRM, please visit www.HomecareCRM.com or call 1-888-611-0912.

About PointClickCare
PointClickCare is the most widely used Electronic Health Record (EHR) platform for the long-term care industry. The combination of PointClickCare’s intuitive web-based software and value-driven implementation model enables long-term care providers of all sizes, from single independent homes to the largest multi-facility providers, to deliver a higher standard of health care while experiencing superior financial performance. Over 9,000 long-term care providers throughout North America, including 9 of the top 10 largest US chains, have chosen to trust their business to PointClickCare. For more information on PointClickCare’s proven Software-as-a-Service EHR platform, visit www.pointclickcare.com.

Follow us at:

www.facebook.com/PointClickCare
www.twitter.com/PointClickCare
www.youtube.com/PointClickCareEHR
May 21
1 month ago
Mary Rose Macaranas created a new topic The Network and BDO Consulting Release Fraud Reporting Statistics From Q4 in the forums.
Rising trend in fraud reporting continues despite slight drop from previous quarter’s all-time high; examiners point to increased regulatory scrutiny, employee confidence in reporting systems

ATLANTA – May 15, 2013 – The Network, Inc., a leading provider of governance, risk and compliance (GRC) solutions, and BDO Consulting, a leading provider of litigation, investigation, restructuring and risk advisory services, today announced the fourth quarter 2012 findings in the Quarterly Corporate Fraud Index™, a comprehensive examination of fraud reporting activity from almost 15 million employees worldwide.

For the fourth quarter of 2012, the Fraud Reporting Percentage (FRP) decreased slightly from the previous quarter to 24.6 percent, following the record-high for fraud reporting set in the third quarter of the year, when the FRP stood at 25.0 percent. The FRP statistic measures fraud reporting in comparison to all compliance reporting activity from more than 1,400 organizations worldwide, including nearly half of the Fortune 500. The fourth quarter 2012 Corporate Fraud Index also includes the Fraud Related Incidents (FRI) statistic, which measures the volume of fraud-related calls.

Other key fourth quarter 2012 findings include the following:

  • FRP increased 3.0 percentage points – from 21.6 to 24.6 percent – compared with the same quarter in 2011, representing a 13.9 percent rise
  • FRP declined by a marginal 0.4 percent from the third quarter 2012
  • FRI increased significantly – up 17.6 percent – compared to the same quarter in 2011
  • FRI (fraud related reports) decreased 8.9 percent from the third quarter 2012


“Unfortunately, fraud and corporate malfeasance continue to threaten the workplace, in terms of revenue, reputation and employee morale,” said Luis Ramos, CEO of the Network. “While the upward trend in fraud reporting at first may seem alarming, it’s important to remember that organizations are working harder than ever to engage their employees to recognize bad behavior and to make them feel confident about their options to report this activity.”

Fourth quarter comparisons of FRP for the past eight years are as follows:
  • 4Q 2005 = 11.6%
  • 4Q 2006 = 13.3%
  • 4Q 2007 = 13.0%
  • 4Q 2008 = 18.9%
  • 4Q 2009 = 20.2%
  • 4Q 2010 = 19.6%
  • 4Q 2011 = 21.6%
  • 4Q 2012 = 24.6%


Fourth quarter comparisons of FRI for the past eight years are as follows:
  • 4Q 2005 = 2822
  • 4Q 2006 = 3937
  • 4Q 2007 = 4478
  • 4Q 2008 = 5392
  • 4Q 2009 = 5804
  • 4Q 2010 = 5915
  • 4Q 2011 = 6816
  • 4Q 2012 = 8018


“Despite incentives from regulators for employees and others to report malfeasance directly to regulators, the volume of internal reporting pertaining to fraud continues to rise,” said Glenn Pomerantz, partner at BDO Consulting and a Certified Public Accountant and Certified Fraud Examiner.

The Quarterly Corporate Fraud Index is compiled from actual incidents reported by clients of The Network and is analyzed by The Network and BDO Consulting. Fraud-related incidents reflected in the Fraud Index include reports on corruption, theft, accounting and audit irregularities, misuse of assets, conflicts of interest, and violations of FCPA, UK anti-bribery and SEC legislation.

For more information regarding the Quarterly Corporate Fraud Index, visit www.tnwinc.com or email corporatefraudindex@tnwinc.com. To view a social media version of this release, visit http://pitch.pe/10nPQds.

About The Network, Inc.
The Network is a leading provider of integrated governance, risk and compliance (GRC) solutions that allow organizations to create better workplaces and ethical cultures. The Network’s Integrated GRC Suite, recognized as the “Apple of GRC” by GRC 20/20, is the first natively integrated enterprise GRC software platform in the compliance industry. The Suite was built to leverage the way employees retain and apply ethics and compliance information and helps companies prevent, detect and remediate non-compliance and unethical conduct. A SaaS-based technology solution, the Suite integrates policy management, training and communications, code of conduct, surveys and assessments and case management, all on a reporting and analytics platform. Originally established as the first whistleblower hotline provider in 1982, The Network serves thousands of organizations in every industry, including nearly half of the Fortune 500. For more information, visit www.tnwinc.com.

About BDO Consulting
BDO Consulting provides litigation, investigation, business restructuring and risk advisory services to clients in the United States and internationally. Their highly experienced and well-credentialed professionals leverage the global industry and accounting knowledge of the BDO international network, providing rapid, strategic advice to assist their clients.

BDO Consulting is a division of BDO USA, LLP, a Delaware limited liability partnership and the U.S. member of BDO International Limited. BDO International Limited is a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. www.bdoconsulting.com

For more information:
Joy Harper Reddy
Arketi Group
(404) 929-0091 x209
jreddy@arketi.com
May 15
Mary Rose Macaranas created a new topic Majority of IT Executives Say Public Cloud Services Have Negatively Impact in the forums.
Security, Compliance Concerns Drive Corporate Crackdown on Rogue Use of Cloud Services Including Social Media Sites, Skype and DropBox

Atlanta, GA – May 7, 2013 – There is growing concern among Enterprise IT leaders over the unauthorized use of the public cloud by business units within the enterprise according to the 2013 PMG Cloud Sprawl Survey of 234 North American corporate IT professionals.

Unauthorized cloud services of most concern to business IT processionals include the use of public cloud storage (70 percent), cloud synchronization (68 percent) and cloud-based collaboration applications (53 percent). The pattern of unauthorized usage of cloud services seems to be on the rise despite the fact that IT says the vast majority (89 percent) of employees understand the need for data security.

Today, 54 percent of corporate IT professionals surveyed say their organizations have a policy in place regarding the use of public cloud storage services. However, the plurality (43 percent) admit to being only “somewhat effective” in educating business users on the pitfalls of the public cloud. Twenty-eight percent of IT pros say they are not effective in educating business users on the downside of using public cloud solutions, 20 percent say they are effective and 10 percent are not sure how effective they are.

Complete findings from the 2013 PMG Cloud Sprawl Survey, a blind survey of 234 North American corporate IT professionals conducted in March of 2013, are available at www.pmg.net/cloud2013.

The ever-growing use of public cloud services and apps by individuals or business units within a company, often without permission from IT, also known as cloud sprawl, is a trend most tech professionals see as negative. A majority of IT pros (52 percent) say cloud sprawl will have a significant or somewhat negative impact on operations and resources, and 34 percent say they don’t yet know how it will impact IT.

“Cloud services will continue to expand within companies, in fact this study found 38 percent of IT respondents turn to the cloud because it offers faster deployment,” said Joe LeCompte, principal at PMG. “Savvy IT departments are focusing on finding better ways to offer enterprise-grade cloud services to internal users as a way to stem cloud sprawl and safeguard corporate information.”


Top Cloud Concerns

Security tops the list of the biggest issues associated with unauthorized cloud sprawl. When asked, here is how corporate IT ranks the following concerns:
  • 79 percent data security,
  • 57 percent compliance,
  • 55 percent network security,
  • 51 percent loss of control,
  • 48 percent unmanaged application.

Specific cloud services or applications IT has prevented or limited enterprise access to include social media sites (66 percent), Skype (61 percent), Dropbox (59 percent) and Google Drive (40 percent). Sixty-four percent of those surveyed say much of the increased usage of cloud solutions has been driven by the Bring Your Own Device (BYOD) trend in today’s workplace.


Efforts To Make Cloud Procurement a Positive

When IT uncovers the deployment of public cloud solutions without IT’s assistance or knowledge, 65 percent say they evaluate the service and act accordingly (either approving or denying usage), only 15 percent immediately pull the plug and 11 percent say they don’t get involved in the deployment of department-level cloud solutions.

The strategies IT is using to better manage cloud sprawl within corporations are varied but include the following:
  • 48 percent assign an IT resource to work with business units/departments seeking cloud solutions,
  • 39 percent have developed internal cloud solutions for business units/departments to use,
  • 33 percent have developed and enforce a corporate-wide cloud services IT policy.

The silver lining in the cloud sprawl conundrum is that 72 percent of IT leaders say employees are willing to use corporate installed cloud solutions. This is good because 82 percent of IT respondents are predicting the volume of cloud service procurement by business users over the next 24 months to be greater than it is today.

With 60 percent of those surveyed reporting big data is or will become vital in future enterprise cloud deployment, the ability to integrate data between cloud applications or cloud application and on-premise application is key. To date, 46 percent have had incompatibility issues when trying to integrate data between cloud and on-premise applications. Forty-six percent surveyed say this is because of the use of unsanctioned cloud applications.

“At the end of the day, IT is not going to paint all public cloud solutions as ‘bad’,” said LeCompte. “In fact, 69 percent of IT executives say a hybrid cloud strategy using both private and public cloud offerings is the wave of the future inside the enterprise. Containing cloud sprawl to protect corporate information and ensure security can be done by providing cloud services in a structured manner with a proper governance framework.”


Getting Personal with IT Professionals

On the strictly personal side, the survey found that most technology professionals had a split personality – when it comes to operating systems.

The vast majority (72 percent) prefer the Windows OS for personal computing (outside the work environment) compared to 25 percent that answered Apple and four percent that opt for Google. On the mobile side of things, a majority (53 percent) prefer the Apple mobile OS, 34 percent Android, 9 percent Windows and 4 percent BlackBerry.

When asked what fictional TV character most represents today’s IT professionals, the “wicked smart” Dr. Gregory House from House M.D. got 27 percent of the vote, followed by the “lovable geek” Sheldon Cooper, Ph. D. from The Big Bang Theory with 21 percent of the vote, and Sherlock Holmes from Elementary cited by 19 percent. The bottom of the list included Tony Soprano (8 percent), Homer Simpson (6 percent) and Elmo from Sesame Street (1 percent).

For in-depth survey findings from the 2013 PMG Cloud Sprawl Survey visit www.pmg.net/cloud2013. To view a social media version of this press release visit http://pitch.pe/18NrYAI.



About the 2013 PMG Cloud Sprawl Survey
PMG commissioned a blind survey of North American IT professionals in March of 2013. Respondents to the online survey included a total of 234 IT leaders. Of that group, 54 percent were in IT management (managers, supervisors, directors, etc.) and 16 percent were Senior IT executives (CIO, CTO, vice president, etc.). Company size ranged from less than $200 million in revenue to more than $3 billion, with 51 percent having more than $500 million in annual sales, 37 percent having more than 5,001 employees, and 61 percent having IT departments with 51 or more employees. Industries represented included computer technology, consulting, healthcare, financial service, manufacturing, and retail.

About PMG
More than 20 percent of the Global 100 relies on PMG to deploy enterprise service catalog and business process automation software that streamlines operations, reduces costs and improves efficiency. Our solutions transcend traditional IT service management boundaries giving business and IT professionals a smarter way to automate business processes ranging from IT financial management to identity management, employee onboarding and cloud provisioning. As a result, our clients handle shared services requests faster with fewer manual processes and less reliance on staff intervention. For more information, please visit pmg.net.
May 07
Mary Rose Macaranas created a new topic The Network Sponsors Compliance Week 2013 in the forums.

Supports compliance community’s premier event, May 20 - 22 in Washington, D.C.

ATLANTA and BOSTON – April 30, 2013 – The Network, Inc., a leading provider of governance, risk and compliance (GRC) solutions, announced today that it is sponsoring Compliance Week 2013, Compliance Week’s 8th annual conference and the most prestigious event designed for senior compliance, risk and audit executives at global corporations. Compliance Week 2013 offers deep, informative sessions, case studies, and analysis that equip attendees with actionable insights they can employ immediately.

Compliance Week 2013 (Twitter: #CW2013), which will run May 20 - May 22 at the Mayflower Hotel in Washington, D.C., features content-rich keynote sessions, lively concurrent panel discussions and presentations, along with small-room “Conversation” sessions, networking opportunities and more. Topics include ethics, internal control, compliance programs, IT risks, privacy, financial reporting, international regulations, investigations, audit committees and more.

The Network is sponsoring Compliance Week 2013 to help bring this informative content to more than 500 C-level executives, including chief privacy officers and chief compliance officers from leading public companies. Speakers at the 8th annual conference include ethics & compliance officers from corporations such as Boeing, Lockheed Martin, Monster.com, United Technologies Corp., and Altria; as well as representatives from nine regulatory agencies that oversee everything from securities filings to social media, bribery, banking, and more.

“The Compliance Week conference is a terrific opportunity to gather together compliance professionals from every business sector to share and discuss best practices,” said Luis Ramos, CEO of the Network. “We’re looking forward to participating as moderator for a breakout session where we’ll discuss codes of conduct and how to best integrate that code throughout the organization to engage your employee base and drive corporate performance through compliance and an ethical culture.”

Additional conference highlights will include an international track focusing on compliance risks in specific countries, and strategic networking with peers, colleagues and government officials to exchange insights and real-world lessons that will prepare attendees to handle compliance and regulatory changes that occur throughout the year.

“The level of our speakers, attendees and sponsors such as The Network, makes our annual conference the must-attend event for the compliance community. Our program is designed to address key issues that attendees need to know, as well as to drive thought leadership on compliance and the trends that senior compliance officers must address. Our sales and editorial teams are working closely with The Network to ensure our conference is as fruitful as possible for all parties,” said Matt Kelly, editor-in-chief of Compliance Week.

For more information or to register, please visit http://www.complianceweek.com/8th-annual...erence/section/2777/.

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About The Network, Inc.
The Network is a leading provider of integrated governance, risk and compliance (GRC) solutions that allow organizations to create better workplaces and ethical cultures. The Network’s Integrated GRC Suite, recognized as the “Apple of GRC” by GRC 20/20, is the first natively integrated enterprise GRC software platform in the compliance industry. The Suite was built to leverage the way employees retain and apply ethics and compliance information and helps companies prevent, detect and remediate non-compliance and unethical conduct. A SaaS-based technology solution, the Suite integrates policy management, eLearning, code of conduct, surveys and assessments and case management, all on a reporting and analytics platform. Originally established as the first whistleblower hotline provider in 1982, The Network serves thousands of organizations in every industry, including nearly half of the Fortune 500. For more information, visit www.tnwinc.com.

About Compliance Week
Compliance Week, published by Haymarket Media, Inc., is an information service on corporate governance, risk and compliance that features weekly electronic newsletters, a monthly print magazine, proprietary databases, industry-leading events, and a variety of interactive features and forums. Follow Compliance Week on Twitter, Facebook and LinkedIn.

For more information:

Joy Harper Reddy
Arketi Group
(404) 929-0091 x209
jreddy@arketi.com

Margaret Bonilla
Birnbach Communications
Phone: (603) 548-0693
mbonilla@birnbachcom.com
Apr 30
Mary Rose Macaranas created a new topic MIT Enterprise Forum of Atlanta Honors Reggie Bradford in the forums.

The man responsible for one of Atlanta’s largest startup sales will be honored at Gala event.

ATLANTA – April 30, 2013 – The MIT Enterprise Forum of Atlanta will host the “Distinguished Entrepreneur of the Year Gala” to recognize the winner of the E. Milton Bevington Distinguished Entrepreneur Award, on Wednesday, May 15, 2013 at 6 p.m. EST.

This year the MIT Enterprise Forum is honoring Mr. Reggie Bradford, Senior VP at Oracle. Bradford is an Atlanta serial entrepreneur whose 2012 sale of Vitrue to Oracle for $330 million is one of the largest in Atlanta startup history. Under Bradford’s leadership as founder and CEO, Vitrue developed relationships with more than 500 brands across 47 countries.

Today, Bradford is Senior Vice President of Product Development for Oracle, primarily focused on Oracles’ social products and technologies.

“I had the pleasure of working with Reggie in the early days of Vitrue and I consider him to be in an elite class of significant contributors to the Atlanta technology community,” says MIT Enterprise Forum of Atlanta Chair Chris Stanley. “In addition to Vitrue, he also served as President and Board Member of Tandberg Television and President and CEO of N2Broadband. The MIT Enterprise Forum is honored to present this much-deserved E. Milton Bevington Distinguished Entrepreneur award to Reggie and we look forward to his next endeavor.”

The Award is named after successful entrepreneur E. Milton Bevington, who passed away in 2010. Bevington was most well-known for founding Servidyne, serving as worldwide president of the MIT Associated Alumni, serving on the MIT Enterprise Forum of Atlanta Chapter Board and was one of only two Lifetime Members of the Atlanta MIT Enterprise Forum chapter.

Past recipients of this Award include Glen Robinson, founder of Scientific-Atlanta; Cam Lanier, chairman of ITC Holding Company; Pete Petit, founder and former CEO of Healthdyne and Matria Healthcare; and Tripp Rackley, founder and former CEO of nFront and Firethorn, and Alana Shepherd, co-founder and board member, Shepherd Center.

The sponsors of this year’s Gala include the Pedowitz Group as the Gold Sponsor, and Georgia State – Robinson College of Business as the Silver Sponsor.

The ticketed event is open to the public and will begin with a wine reception and Money Museum Tours followed by dinner and the presentation. The gala will be held at the Federal Reserve Bank of Atlanta; on Wednesday, May 15, from 6 p.m. to 9 p.m.

Register for the event by visiting www.mitefa.org. Tickets for MIT Enterprise Forum members are $95, non-members are $135.

Non-members wishing to join the MIT Enterprise Forum, visit http://www.mitforumatlanta.org/join_individ_membership.php.

About MIT Enterprise Forum of Atlanta
The MIT Enterprise Forum of Atlanta is a volunteer, non-profit organization whose mission is to provide educational programs and services that promote and strengthen innovation and entrepreneurship at the intersection of business and technology in the Southeast.

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Apr 30
Jamie Cwalinski created a new topic OutSystems Named SIIA Software CODiE Award Finalist in the forums.
OutSystems Named SIIA Software CODiE Award Finalist for Best Mobile Application Development Solution

ATLANTA, GA – April 23, 2013 - OutSystems announced today that the OutSystems Agile Platform 7.0, which enables IT teams to rapidly build, manage and maintain enterprise web and mobile applications, has been named a finalist for the 2013 SIIA Software CODiE Awards in the “Best Mobile Development Solution” category.

The SIIA CODiE Awards are the premier award for the software and information industries, recognizing product excellence for 27 years. The awards have more than 75 categories and are organized by industry focus of Content, Education and Software.

With the OutSystems Platform, companies rapidly deliver custom web and mobile applications that support nearly any device type. Once deployed, OutSystems eliminates the complexity and cost typically associated with modifying and updating applications, streamlining and simplifying change. As a result, developers can be as much as ten times more productive, and IT departments have more time and resources to deliver innovative solutions to support business requirements.

“Nearly every enterprise today has embraced mobile devices as a natural extension of their computing infrastructure,” said Jeff Newlin, vice president and general manager for OutSystems. “The problem we see too often is that these devices are rarely used for more than mobile email and calendaring. The business wants to use these devices to extend the workforce and drive innovation for a competitive advantage. To support these demands, IT needs a way to quickly and securely deliver mobile applications that provide new capabilities and extend the existing business systems and packages. These applications must also fit the form factor of the device and provide an awesome user experience. And, of course, IT must be able to change these mobile applications as quickly as the business needs change. That is what OutSystems does. We are very proud that our mobile application development capabilities have been recognized as a best-in-class solution.”

This year’s CODiE Awards featured 27 software categories, including 12 new and updated categories that reflect the continued growth and evolution of cloud computing, mobile, big data, and video. Winners will be announced at a May 9 Awards luncheon in San Francisco during All About the Cloud, the industry's most comprehensive ISV conference.

“The CODiE Awards competition was extremely competitive this year, and all of the finalists should be commended for their innovative products and services,” said Rhianna Collier, VP for the Software Division at SIIA. “We look forward to honoring the winners at our awards program in May at All About the Cloud.”

Details about each finalist are listed at http://siia.net/codies/2013/finalists.asp.

About OutSystems
OutSystems customers drive business innovation by rapidly delivering change-ready enterprise web and mobile applications. OutSystems addresses a $2 trillion IT problem – the 80-85% of total IT spend that is used for Keeping the Lights On (KTLO). This investment in application maintenance, change requests and general systems operations leaves no room for IT to help the business innovate. OutSystems is the only application platform that delivers native Java and .Net applications in the Cloud or on-premise that are built for the continuous change business users demand. The OutSystems Platform is used by over 300 customers in 22 countries to deliver more than 36,000 web and mobile applications and is supported by an active community of over 6,000 developers. For additional information, please visit http://www.outsystems.com.

About SIIA
SIIA is the leading association representing the software and digital content industries. SIIA represents approximately 700 member companies worldwide that develop software and digital information content. Information technology (IT) and software security are critical issues to SIIA’s members, many of whom strive to develop safe, secure and state-of the-art products that effectively serve their commercial and government customers alike, while protecting their intellectual property.

The SIIA Software Division provides a forum for companies developing the applications, services, infrastructure and tools that are driving the software and services industry forward. For further information, visit www.siia.net/software.

Media Contact:
Heather Pritchett
OutSystems
404-492-7726
heather.pritchett@outsystems.com

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Apr 23
Jamie Cwalinski created a new topic Cbeyond Reveals Top Five Cloud Resource and Time Saving Tips for SMBs in the forums.
Cbeyond Reveals Top Five Cloud Resource and Time Saving Tips for Small and Mid-Sized Businesses
Cloud and network services provider offers strategies to help businesses maximize server investment, productivity

ATLANTA - April 22, 2013Cbeyond Inc. (NASDAQ: CBEY), the technology ally to small and mid-sized businesses (SMBs), is offering its top five tips to help businesses save resources dedicated to managing and maintaining cloud servers before, during or post cloud implementation. The guidelines, part of Cbeyond’s “Technology Ally” best practices series, are designed to help SMBs realize the full potential of their IT investments and better serve customers.

According to the Winter 2012 Cbeyond Business Leader Snapshot™, more than 30 percent of SMBs anticipate technology spending to remain flat in 2013, making it more critical than ever for these companies to properly allocate time and resources. With a significant portion of annual budgets dedicated to integrating and maintaining technology assets, SMBs are challenged to find ways to reduce the strain of such upkeep and still maintain a competitive edge by continuing to drive innovation.

To eliminate some of the resource burdens of cloud management, Cbeyond recommends the following five best practices:
  1. Account for all Expenses: When moving from using on-premise equipment to cloud servers a successful cloud model should take all operational expenses, such as administration and maintenance costs, into account. Maintenance costs for data, application, middleware, operating system, virtualization, server, storage, network and data center assets alone usually comprise 75-90% of IT budgets. This practice enables businesses to accurately evaluate the cost-benefit of utilizing the cloud which can provide predictable monthly payments instead of “lumpy” spending associated with traditional IT spending. A periodic cost-maintenance plan helps businesses work more efficiently as well as anticipate and react to operational changes faster.

  2. Bundle Resources: When businesses leverage the cloud, they need both cloud services and network connectivity to the cloud. Instead of relying on multiple vendors to provide each technology, consider purchasing both through a single provider. Bundling eliminates the hassles of managing multiple support teams, ensures no “finger-pointing” in the event technical support is required, simplifies billing and typically involves a significant cost-saving.

  3. Add Resources as Needed: A key benefit of using cloud services is the ability to add resources on-the-fly. This eliminates the headache of having to research, forecast and buy costly on-premise equipment such as servers and PBX phone systems upfront, each time aging equipment needs to be replaced. Work with a cloud vendor that has resource flexibility such as the ability to add memory, storage, and compute resources on demand. In many cases, the ability to self-provision IT resources exactly when needed reduces hours, days, and weeks needed to plan, procure, and deploy technology to just a few minutes.

  4. Don’t Underestimate the Cloud: The cloud provides enormous benefits in terms of flexibility, manageability and cost. Keep in mind that the cloud can apply to many more technology needs today than is commonly understood. Want business-class email? The cloud can help. Need to host an application? The cloud is there. Want a flexible phone system that connects multiple locations? The cloud is there too.

  5. Keep the Team Cloud-Ready: Brief teams frequently on the status of cloud processes and applications. Regular, scheduled communications will provide greater visibility into projects, and avoid having to waste time briefing multiple teams at multiple times.

“Cloud technologies should provide businesses with the flexibility to plan for continued growth,” said Brent Cobb, executive vice president and chief revenue officer at Cbeyond. “Taking a few basic steps now to eliminate hurdles that impede the efficiency of the cloud will enable teams to better assign IT resources and reach their goals faster.”

To learn more about Cbeyond’s cloud and network offerings, and its entire suite of cloud and network communication services, visit http://cbeyond.com/services/cloud. To view a social media version of this press release, please click here.

About Cbeyond
Cbeyond, Inc. (Nasdaq: CBEY), a cloud and communications services provider, is the technology ally for small and mid-sized business. Our private, proactively-managed IP network connects customers to voice, data and enterprise applications hosted in our award-winning cloud data centers. Since 1999, Cbeyond has served the unmet needs of businesses through technology and service innovation. We were the first company to build an all-IP network specifically for small businesses and among the few to offer consultative sales and service professionals onsite. Today, our expanded portfolio helps customers reduce the burden of outlaying capital and manpower to manage infrastructure. Creating an exceptional customer experience is in our DNA. It's why more than a third of our approximately 60,000 customers come from referrals. For more information on Cbeyond, visit www.cbeyond.com and follow Cbeyond on Twitter: www.twitter.com/cbeyond.

Media Contact:
Helga Ojinmah
(678) 370-2243
helga.ojinmah@cbeyond.com

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Apr 22
2 months ago
Jamie Cwalinski created a new topic Cbeyond Receives 2013 Confirmit Achievement in Customer Excellence Award in the forums.
Cbeyond Receives 2013 Confirmit ACE (Achievement in Customer Excellence) Award
Confirmit’s prestigious awards program recognizes leaders using Voice of the Customer to increase customer satisfaction and improve business results

ATLANTA - April 16, 2013Cbeyond Inc. (NASDAQ: CBEY), the technology ally to small and mid-sized businesses, has been awarded a 2013 Confirmit ACE (Achievement in Customer Excellence) Award. The accolade demonstrates Cbeyond’s long-term commitment to customer satisfaction during the sales and installation process.

The Confirmit ACE Awards program celebrates outstanding achievement in customer satisfaction, employee satisfaction, and/or partner satisfaction. Receiving a Confirmit ACE Award is a distinct honor that demonstrates the recipient’s rigorous application of customer feedback processes and its outstanding performance as measured by those processes.

Cbeyond earned the Confirmit ACE Award based on its Cbeyond Sales and Installation Survey methodology and overall customer satisfaction performance as evidenced by over 2,300 Cbeyond customer responses spanning Oct. 1, 2011 to Dec. 31, 2012. Cbeyond increased its Promoter Score by 23% during this period. Formerly known as the Five-Day Survey, the Sales and Installation survey also earned a 2011 ACE Award. Launched in 2009, the survey gathers daily feedback for all customers installed the previous five days across all Cbeyond markets.

“We are honored to have been awarded a Confirmit ACE Award. This recognition is a testament to our commitment to delivering the best customer experience possible,” said Terry Trout, vice president, Service Delivery at Cbeyond. “Our customer fan scores are a prime focus for our employees. We pride ourselves on listening to our customers and continually work toward an experience that makes our customers happy they chose Cbeyond. Since almost a third of our business comes from referrals, we recognize that earning the admiration of our customers takes more than simply delivering a product or service: it requires delivering superior sales, installation and on-boarding support.”

"We are delighted to recognize Cbeyond as a customer excellence leader,” said Henning Hansen, President and CEO of Confirmit. “The Voice of the Customer is critical in enabling businesses in competitive industries to satisfy and retain customers, and drive business change. As an ACE Award winner Cbeyond clearly understands this, and we are proud that they rely on Confirmit for these vital business initiatives.”

To view a social media version of this press release, please click here.

About the Confirmit ACE Awards
The ACE (Achievement in Customer Excellence) Awards program was established in 2005 to recognize outstanding achievement in customer satisfaction. To be eligible for a 2013 Confirmit ACE Award, Confirmit Voice of the Customer (VoC) solutions clients must have conducted one or more surveys to assess customer satisfaction between October 1, 2011 and December 31, 2012. Qualifying performance is determined by a combination of customer satisfaction mean scores and top-box rating percentages maintained during at least a 6-month period during the eligibility period. For more information on awards criteria, visit www.confirmit.com/ace-awards.

About Confirmit
Confirmit is the world’s leading SaaS vendor for multichannel Voice of the Customer, Employee Feedback, and Market Research applications. The company has offices in Oslo (headquarters), Cologne, Guildford, London, Moscow, New York, San Francisco, Vancouver, and Yaroslavl. Confirmit's software is also distributed through partner resellers in Barcelona, Kuwait City, Madrid, Milan, Pattaya, Sydney, and Tokyo.

Confirmit targets Global 5000 companies and Market Research agencies worldwide with a wide range of software products for feedback / data collection, panel management, data processing, analysis, and reporting. Customers include A&N Media, Aurora, British Airways, Cross-Tab, Dow Chemical, Farmers Insurance, GlaxoSmithKline, Ipsos, JTN Research, Keep Factor, Morehead Associates, Nielsen, The NPD Group, Swapit, Swisscom, Symantec and The Wellcome Trust. Visit www.confirmit.com for more information.

About Cbeyond
Cbeyond, Inc. (Nasdaq: CBEY), a cloud and communications services provider, is the technology ally for small and mid-sized business. Our private, proactively-managed IP network connects customers to voice, data and enterprise applications hosted in our award-winning cloud data centers. Since 1999, Cbeyond has served the unmet needs of businesses through technology and service innovation. We were the first company to build an all-IP network specifically for small businesses and among the few to offer consultative sales and service professionals onsite. Today, our expanded portfolio helps customers reduce the burden of outlaying capital and manpower to manage infrastructure. Creating an exceptional customer experience is in our DNA. It's why more than a third of our approximately 60,000 customers come from referrals. For more information on Cbeyond, visit www.cbeyond.com and follow Cbeyond on Twitter: www.twitter.com/cbeyond.

Media Contact:
Helga Ojinmah
(678) 370-2243
helga.ojinmah@cbeyond.com

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Apr 16
Jamie Cwalinski created a new topic Cbeyond’s Bill Weber to Present at Broadband Communities Summit 2013 in the forums.
Cbeyond’s Bill Weber to Present at Broadband Communities Summit 2013

ATLANTA (April 11, 2013)Cbeyond Inc. (NASDAQ: CBEY), the technology ally to small and mid-sized businesses, today announced that William H. Weber, the company’s senior vice president and general counsel, will present at the Broadband Communities Summit 2013, April 16 -18 at the InterContinental Hotel in Dallas.

Weber joins Tom Nugent of Verizon Enhanced Communications and Mark Boxer of OFS on a Commercial Building Track panel entitled ‘The MTU Competitive Advantage: Fiber’ Wednesday, April 17, 2013, from 8 to 8:50 a.m.

The panel will discuss why the availability of superior broadband is now a key factor in business leasing decisions and rent levels. Panelists will also share their perspective on how multitenant commercial building owners can meet the broadband needs of current and prospective tenants, especially small and mid-sized businesses which increasingly rely on the Internet for reliable, future-proof and flexible access for cloud-based processing, file transfer and communications.

Cbeyond’s TotalNetwork™ Metro Ethernet footprint, which encompasses 10 to 100 Mbps of symmetric fiber and EFM connectivity, reaches more than 190,000 multi-tenant buildings in a 14-city metropolitan service area comprising Atlanta, Boston, Chicago, Dallas, Detroit, Denver, Houston, Los Angeles, Miami, San Diego, San Francisco, Seattle, Minneapolis-St. Paul and Washington D.C.

Now in its 10th year, the 2013 Broadband Communities Summit focuses on Fiber deployments and next generation access technologies that support the delivery of leading applications for buildings, communities and municipalities.

The 2013 Summit attracts major incumbent service providers, independent telcos, cable companies, real estate developers, electric utilities, system integrators, healthcare providers, property owners, architects and builders, municipal officials and economic development professionals as well as dozens of leading REITs (such as Post Properties and Fairfield Residential).

“The network-advantaged small and medium sized business can really flex its muscle when it comes to leveraging broadband speed, access and service to grow its business,” said Bill Weber, Cbeyond’s senior vice president and general counsel. “This is a good time for property owners and managers in particular to become better acquainted with the differences, options and opportunities that exist in the marketplace.”

To view a social media version of this press release, please click here.

About Cbeyond
Cbeyond, Inc. (Nasdaq: CBEY), a cloud and communications services provider, is the technology ally for small and mid-sized business. Our private, proactively-managed IP network connects customers to voice, data and enterprise applications hosted in our award-winning cloud data centers. Since 1999, Cbeyond has served the unmet needs of businesses through technology and service innovation. We were the first company to build an all-IP network specifically for small businesses and among the few to offer consultative sales and service professionals onsite. Today, our expanded portfolio helps customers reduce the burden of outlaying capital and manpower to manage infrastructure. Creating an exceptional customer experience is in our DNA. It's why more than a third of our approximately 60,000 customers come from referrals. For more information on Cbeyond, visit www.cbeyond.com and follow Cbeyond on Twitter: www.twitter.com/cbeyond.

Media Contact:
Helga Ojinmah
(678) 370-2243
helga.ojinmah@cbeyond.com

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Apr 11
Jamie Cwalinski created a new topic Cbeyond Simplifies Cloud Management for SMBs in the forums.
Cbeyond Simplifies Cloud Management for SMBs
Customers can easily “right size” their cloud usage, save resources through self-service management portal

ATLANTA (April 9, 2013)Cbeyond Inc. (NASDAQ: CBEY), the technology ally to small and mid-sized businesses, today announced it is making it easier for existing customers to view, customize, manage and control their cloud computing services through a single portal – Cbeyond Online™, resulting in significant resource and time savings. The new on-demand, self-service functionality also allows Cbeyond’s customers to use the cloud to meet their dynamic business needs and serve their own customers more efficiently.

The Cbeyond Online portal now supports Cbeyond’s cloud service platform, including TotalCloud™ Data Center, launched in October 2012, and TotalCloud™ Phone System, launched in December 2012.

Using this portal, all Cbeyond customers now have the ability to view computing, storage, and network utilization and performance reports, add real-time compute, storage and network capacity, as well as make changes to their cloud resources, such as provision, or resize their virtual machines. Customers can also manage their phone system features such as setting time-based conditional call routing, viewing call detail records, and even assigning phone numbers to handsets. With much improved visibility into usage, customers can develop more informed, accurate decisions regarding capacity and shift utilization according to their needs.

“Business owners want to view their asset utilization quickly, and make easy but necessary account changes that impact their services and bills,” said Chris Ortbals, Cbeyond’s senior vice president, Product Management. “Cbeyond continues to design and upgrade our platform with SMBs in mind – delivering solutions to help them transition to the cloud and, at the same time, optimize their cloud usage once they have migrated to the cloud.”

Account administrators may now also manage their Cbeyond accounts by accessing Cbeyond Online via Cbeyond mobile apps, available for download onto popular Android and Apple iOS (iPhone, iPad and iPod Touch) devices via Google play and iTunes respectively. To view a social media version of this release, click here.

About Cbeyond
Cbeyond, Inc. (Nasdaq: CBEY), a cloud and communications services provider, is the technology ally for small and mid-sized business. Our private, proactively-managed IP network connects customers to voice, data and enterprise applications hosted in our award-winning cloud data centers. Since 1999, Cbeyond has served the unmet needs of businesses through technology and service innovation. We were the first company to build an all-IP network specifically for small businesses and among the few to offer consultative sales and service professionals onsite. Today, our expanded portfolio helps customers reduce the burden of outlaying capital and manpower to manage infrastructure. Creating an exceptional customer experience is in our DNA. It's why more than a third of our approximately 60,000 customers come from referrals. For more information on Cbeyond, visit www.cbeyond.com and follow Cbeyond on Twitter: www.twitter.com/Cbeyondinc.

Media Contact:
Helga Ojinmah
(678) 370-2243
helga.ojinmah@cbeyond.com

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Apr 09
Jamie Cwalinski created a new topic Cbeyond Introduces Cloud-Based Certified Application Servers™ in the forums.
Cbeyond Introduces Cloud-Based Certified Application Servers™
New Service Migrates Business Critical Applications, Leverages Network Performance to the Cloud

ATLANTA (March 26, 2013)Cbeyond Inc. (NASDAQ: CBEY), the technology ally to small and mid-sized businesses, today announced general availability of its new Certified Application Servers™ (CAS) service for the small and mid-sized business market, enabling users to securely access and run their most frequently used business productivity applications from anywhere, any time and on any device.

The service was developed to support needs identified in Cbeyond’s December 2012 Business Leader Snapshot Survey which found that 91 percent of SMB owners believe applications will be critical to their business in 2013, highlighting the value of providing safe, universal access to essential business productivity programs and relevant data.

Cbeyond’s Certified Application Servers allow businesses to take an existing enterprise application and associated data to a secure cloud environment and give them confidence that the migration, performance and operation of that application in the cloud will mirror their on-premise server experience. Cbeyond can make this commitment because its customers access their business-critical applications in the cloud over dedicated, symmetrical bandwidth that directly links their premise to a secure data center utilizing Cbeyond’s privately-owned, premise-to-cloud TotalNetwork™ architecture, thereby ensuring their data never touches the public Internet. Additionally, Cbeyond can certify business productivity software programs—including proprietary software programs—to meet a customer’s unique needs while guiding them through a rapid migration to the cloud – often within a week.

“Our goal is to provide SMBs with a superior cloud experience that is no different than what they experience on a local desktop,” said Chris Ortbals, senior vice president, product management. “As the only cloud provider tailoring and supporting applications for specific SMB use cases, Cbeyond further serves as the technology ally to small and mid-sized businesses, helping them drive efficiency by truly aligning both cloud and network capabilities.”

“At Primo Grills and Smokers, we pride ourselves on manufacturing superior culinary products. As a result, we seek out organizations that share our commitment to excellence, nimbleness, and performance. Cbeyond’s Certified Application Servers service has enhanced the business infrastructure we’ve created to respond to our customers’ ever-changing changing needs,” said George Samaras, president and founder of Primo Grills and Smokers.

To certify an application, Cbeyond’s expert engineers perform operational, load and impairment testing across a range of network technologies to ensure compatibility with various network access points.

Cbeyond engineers begin this process by simulating a production cloud architecture for many common SMB desktop applications and operating systems. An application’s performance is then tested for error rates, latency and circuit outages to determine the minimum symmetrical bandwidth commitment and network thresholds needed before a deterioration in performance occurs, with testing for some edge cases. Testing is performed at 1 - 100 Mbps across various network access technologies under normal operating conditions (T1, T3, EFM, MPLS, and Fiber), first at on-premise equipment and then along the network all the way to servers hosted in a cloud data center.

Finally, cloud servers are sized, configured and packaged for optimal application access and performance across a number of concurrent users, above and beyond minimum software manufacturer recommendations.

The Certified Application Servers certification process is an entry point for leading enterprise and SMB ISV applications across a variety of vertical industries such as accounting, legal, and medical industries and accommodates programs most commonly used across the SMB spectrum, with plans to support an additional six to 12 applications each quarter.

The Certified Application Servers service currently supports the following business productivity applications:
  • Intuit QuickBooks® (Pro, Premiere and Enterprise versions)
  • Sage ACT!™
  • Sage Peachtree Accounting™
  • Sage 50 Accounting™
  • Abacus Law™ 2012
  • Amazing Charts™ 6.0
  • Microsoft® Office

To ensure protection for all application information, Cbeyond houses its Certified Application Servers service in its SOC-3 compliant data center, which leverages intrusion prevention systems, enterprise-grade hardware and private firewalls to block unauthorized access. To view a social media version of this press release, click here.

About Cbeyond
Cbeyond, Inc. (Nasdaq: CBEY), a cloud and communications services provider, is the technology ally for small and mid-sized business. Our private, proactively-managed IP network connects customers to voice, data and enterprise applications hosted in our award-winning cloud data centers. Since 1999, Cbeyond has served the unmet needs of businesses through technology and service innovation. We were the first company to build an all-IP network specifically for small businesses and among the few to offer consultative sales and service professionals onsite. Today, our expanded portfolio helps customers reduce the burden of outlaying capital and manpower to manage infrastructure. Creating an exceptional customer experience is in our DNA. It's why more than a third of our approximately 60,000 customers come from referrals. For more information on Cbeyond, visit www.cbeyond.com and follow Cbeyond on Twitter: www.twitter.com/Cbeyondinc.

###

All products, company names, brand names, trademarks and logos mentioned or described in this release are the property of their respective owners.

Media Contact:
Helga Ojinmah
(678) 370-2243
helga.ojinmah@cbeyond.com
Mar 26
3 months ago
Mary Rose Macaranas created a new topic Nearly One-Third of Tech Firms Changed Healthcare Plans Due to Obamacare in the forums.

Compensation Survey Examines Base Compensation, Bonuses, Benefits and Equity Ownership for Atlanta Technology Executives

ATLANTA, March 21, 2013 – Approximately one-third (31 percent) of companies participating in the Technology Executives Roundtable (TER) 2013 Atlanta Technology Executive Compensation Survey say they have changed their plans or programs either slightly or significantly as a result of The Patient Protection and Affordable Care Act (“Obamacare”).

“With uncertainty around the effects of Obamacare in 2012, seeing one-third of survey participants change their healthcare plans or programs is an indicator that we will likely see more healthcare changes over the next few years,” said Paul Ilse, president of TER. “Health benefits is making the list of topics of interest to senior executives along with compensation, bonuses and equity ownership as they continue to grow their business.”

With the release of its fourth annual Atlanta Technology Executive Compensation Survey, TER, an association that consists of more than 120 Georgia-based CEOs, CFOs and general managers, is providing a unique service to its members and to the Georgia technology community at large. The study was underwritten by Arketi Group; ExecuLinks, Frazier & Deeter; Morris, Manning & Martin; Pritchard & Jerden; Silicon Valley Bank; and Wm. Leonard & Co.

The survey also found that overall, average base compensation among technology executive teams ranged from $226,136 for CEOs to $138,806 for senior marketing executives. The CEO and president positions commanded the highest average salaries in the executive suite, followed by CFOs, COOs and other executive team members. Within the executive suite, senior sales, marketing, business development and technology/development executives earned similar salaries (less than 20 percent variance).

Bonus Potential
With regard to bonus compensation, the study found target bonus potential for technology executives in 2012 ranged from an average high of $197,484 for CEOs to a low of $25,000 for senior marketing executives. Of this available 2012 bonus compensation, CEOs, senior sales executives and presidents led the executive suite with $119,625, $86,200 and $70,427 of total bonus potential earned respectively.

Commission potential for sales executives averaged $91,613 at 100 percent of goal for sales executives and $30,667 of goal for business development executives.

Compensation Plans for 2013
For 2013, 69 percent of companies surveyed plan to increase base compensation. A careful analysis of individual company plans, however, reveals that 71 percent of those planning an increase will raise compensation 5 percent or less, while only two companies (3 percent) will raise compensation by 25 percent or more. Companies not planning an increase changed significantly from 40 percent in 2012 to 31 percent in 2013, indicating improved perceptions regarding business and the economy.

Executive Equity
In addition to base and bonus compensation, the survey provides information on equity ownership. For example, the study found significant differences in non-founders equity ownership among CEOs and presidents, and other executives. On average, CEOs and presidents were granted 6.63 percent and 9.16 percent of non-founders equity ownership. The remainder of the executive team holds non-founders equity as follows:
  • COO: 2.93 percent
  • CTO: 2.22 percent
  • Senior marketing: 1.78 percent
  • CFO: 1.52 percent
  • Senior sales: 1.29 percent
  • Senior engineering/development: 1.15 percent
  • Senior business development: .94 percent

Additional findings regarding stock options included:
  • CEOs currently hold the largest percentage of the overall total stock option pool at 24.03 percent, followed by COOs (16.59 percent), presidents (14.33 percent) and CFOs (7.97 percent). Senior business development executives, senior sales executives and senior development executives, averaged between 4 and 7 percent of the overall option pool.
  • Vesting periods ranged from one to five years, with four years being the normal vesting period – 54 percent of respondents stated that their vesting period was four years. After that, 19.5 percent of firms had a three-year vesting period, with 12 percent at five years. A very fortunate 14.5 percent of firms were at two years or less required to vest stock options.

The survey is available exclusively to TER members and clients of TER survey sponsors. For more information on TER, visit www.ter-atlanta.com.

About the 2013 Atlanta Technology Executive Compensation Survey
The study was designed to identify executive compensation and company ownership among Greater Atlanta technology companies during calendar year 2012. Overall, 99 public and privately-funded technology companies across a wide range of market segments, including software, hardware and services participated in the survey. Companies participating in the study were led by Software and SaaS Developers (58 percent), Technology Consulting and other professional service firms (15 percent), Internet Services (9 percent), Hardware Developers (9 percent) and others (9 percent). The majority of firms were privately funded (79 percent) with Angel funding the most common source (24 percent), in business longer than five years (72 percent) and had 2012 revenue in excess of $2 million (78 percent). Most companies had less than $25 million in revenue (79 percent), with 22 percent under $2 million and 36 percent with $2-10 million. Only 10 companies (10 percent) had more than $50 million in revenue.

About Technology Executives Roundtable
Technology Executives Roundtable (TER) is an association for Georgia technology executives that provides CEOs, CFOs and general managers with the ability to maximize the value of companies through the exchange of top ideas, candid talk and a forum to share what is working, what is not and best practices to unlock business value. Monthly meetings feature speakers and panels of local and national experts covering topics such as strategic alliances, crisis management, non-conventional financing, M&A, intellectual property protection and other issues of interest to senior executives on company growth. For more information, visit www.ter-atlanta.com.
Mar 21
Mary Rose Macaranas created a new topic Cortera Lookalikes™ Helps B2B Companies Find Better Sales Prospects in the forums.

Innovative solution automatically generates Business Behavior Profiles and finds prospects that look and act like a company’s current customers

BOCA RATON, Fla., – March 19, 2013 – Cortera, a provider of comprehensive business behavior data and insights on public and private companies, has launched Cortera Lookalikes™, automatically generated, high quality prospects that look and act like a company’s existing customers based on business behavior data and insights.

Cortera Lookalikes™ automatically examines the behavior of an organization’s existing customers to generate a Business Behavior Profile—a model of how current customers look and act. This behavior-profile is then used to search the Cortera database of 20 million companies for lookalike companies and delivers a list of high quality prospects that look and act like existing customers—those that have the highest propensity to purchase a Cortera user’s products and services.

“Figuring out which companies to target is a challenge that’s plagued B2B sales and marketing professionals for decades—it’s time consuming, inefficient and ineffective,” said Jim Swift, president and CEO, Cortera. “Cortera Lookalikes™ takes the pain out of prospecting by using Business Behavior Profiles—based on what companies buy, how they pay, how they invest, who they hire, public records, news, blogs, etc., as well as demographics—to automatically generate sales prospects that not only look like your customers, but also act like them.”

For additional information and insight into each sales prospect, Cortera makes it easy to upload additional data elements and feeds them directly into existing CRM, ERP and other systems. This helps increase marketing conversion rates and sales closure rates by providing the relevant, business behavior data and insights needed to more effectively and efficiently score, prioritize, target and nurture the right sales opportunities.

“Finding qualified leads has always been a challenge because of the limited data available on companies. We wasted a lot of time manually vetting lists through online research, profiling exercises focused on limited data and so on—only to come up with inaccurate and incomplete information about our prospective customers,” said Aaron Bolshaw, director of marketing and inside sales, HA Advantage. “Cortera is changing all that with Lookalikes— high quality leads that are based on business-behavior profiles of our existing customers and then automatically identified in Cortera’s own database. Targeting companies based on business behavior translates into faster, more targeted marketing and makes our sales reps 6 times more efficient.”

Cortera Lookalikes™ is the latest addition to the award-winning business behavior monitoring solution Cortera Pulse™, which monitors more than 20 million public and private companies, tracks more than $1.6 trillion in B2B purchases and then alerts credit, finance, sales and marketing professionals of revenue risks as well as upsell and new sales opportunities.

Download a copy of the Lookalikes eBook to learn more. To see how Lookalikes works, view an on-demand video demo now. To view a social media version of this release, visit here.

About Cortera
Cortera is a provider of comprehensive business-to-business payment and purchase behavior insights on public and private companies. The company tracks $1.6 trillion in business-to-business purchases across 45 spend categories to deliver insights on 20 million U.S. business locations. Cortera’s solutions enable companies of all sizes to better understand their customers, suppliers and business partners by gaining visibility into what they purchase, how they pay and how their purchase and payment behavior changes over time. Thousands of companies across diverse industries use Cortera solutions to increase revenue, improve sales and marketing effectiveness, and reduce risk. Cortera is privately held with offices in Boca Raton, Fla.; Boston and Quincy, Mass.; and Bangalore, India.
Mar 19
Mary Rose Macaranas created a new topic PMG Named a TAG Top 40 Innovative Technology Company in the forums.

Company recognized for innovation, contributions to Georgia’s technology community

Atlanta, GA – March 14, 2013 – PMG, the smart choice for enterprise service catalog and business process automation software, will be recognized by The Technology Association of Georgia (TAG) as a Top 40 Innovative Technology Company at the 2013 Georgia Technology Summit (GTS) on March 20, 2013, at the Cobb Galleria Centre.

TAG is the state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry. The TAG Top 40 Awards recognize Georgia-based technology companies for their innovation, financial impact, and their efforts at spreading awareness of Georgia’s technology initiatives throughout the U.S. and globally.

“This year’s Top 40 finalists represent the array of technology innovation that is growing in Georgia and we applaud these organizations for their contributions back into the Georgia technology community,” said Tino Mantella, president & CEO of TAG. “PMG’s enterprise service catalog solution exemplifies innovation from its agile integration capabilities to its automation functionality.”

“We are honored to be featured as part of Georgia’s elite technology community,” said Joe LeCompte, principal at PMG. “PMG remains focused on delivering smart enterprise service catalog solutions that streamline operations, reduce costs and improve efficiency.”

In addition to being named a TAG Top 40 Innovative Technology Company, PMG also received the WWRUG Innovator Award in late 2012 and the PMG Service Catalog Suite (PMG SCS) received top honors from Gartner in the Critical Capabilities for IT Service Catalog research report.

PMG provides a centralized, unified catalog of services across the enterprise through the intuitive, familiar interface of online commerce. End users are able to easily and quickly request services, check their status and stay informed on corporate policies and requirements regarding those services—all from one solution. IT users can clearly define services in business terms, so customers know what is available and what to expect when they request a service. Customers can track the status of their requests, reducing unnecessary "status update" calls. PMG SCS makes it easy to collaborate on agreements, budgets, and priorities to support actionable SLA's—all resulting in smarter business decisions.

About PMG
More than 20 percent of the Global 100 relies on PMG to deploy enterprise service catalog and business process automation software that streamlines operations, reduces costs and improves efficiency. Our solutions transcend traditional IT service management boundaries giving business and IT professionals a smarter way to automate business processes ranging from IT financial management to identity management, employee onboarding and cloud provisioning. As a result, our clients handle shared services requests faster with fewer manual processes and less reliance on staff intervention. For more information, please visit pmg.net.

PMG.net and PMG Service Catalog Suite are registered trademarks or trademarks of PMG.net. All other trademarks, brand names, or product names listed above belong to their respective holders.

About The Technology Association of Georgia (TAG)
The Technology Association of Georgia (TAG) is the leading technology industry association in the state, serving more than 18,500 members and hosting over 200 events each year. TAG serves as an umbrella organization for 32 industry societies, each of which provides rich content for TAG constituents. TAG’s mission is to educate, promote, influence and unite Georgia’s technology community to foster an innovative and connected marketplace that stimulates and enhances a tech-based economy. The association provides members with access to networking and educational programs; recognizes and promotes Georgia’s technology leaders and companies; and advocates for legislative action that enhances the state’s economic climate for technology. Additionally, the TAG Education Collaborative (TAG’s charitable arm) focuses on helping science, technology, engineering and math (STEM) education initiatives thrive. For more information visit the TAG website at www.tagonline.org or TAG’s community website at www.TAGthink.com. To learn about the TAG-Ed Collaborative visit http://www.tagedonline.org/.
Mar 14

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