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LAS VEGAS — The fate of NetSuite following Oracle’s $9.3 billion acquisition of the cloud company in November last year was made clear during the opening of the Oracle+NetSuite SuiteWorld held in Las Vegas recently. “We are now a global business unit inside of Oracle,” said Oracle and NetSuite executive vice president Jim McGeever in the conference’s opening keynote which was traditionally delivered by former NetSuite CEO Zach Nelson. “That means all sales, all services, all support and all the development...

Established in 1998 after the passage of the Oil Deregulation Law in the Philippines, SEAOIL Philippines used to rely on an Oracle enterprise resource planning (ERP) system to manage its accounting, supply chain, procurement and other processes that supported the haulage of fuel from ships and supply from depots to a network of distributors, retailers and commercial...

Philippine companies have until September 9, 2017 to fully comply with the Implementing Rules and Regulations of the Data Privacy Act or Republic Act No. 10173 or face sanctions and penalties which range from one to six years imprisonment, and a fine of not less than Php500,000 and not more than Php5 million, depending on the violation. According to the National Privacy...

LAS VEGAS — Amazon Web Services, Inc. (AWS) proves it is still the king of the cloud, following the fleet of announcements it made during its re:Invent conference in Las Vegas this year. The number of new offerings the company revealed at its annual conference is just mind boggling, highlighted by a 45-foot container hauled onto the keynote stage by a honking truck, shocking more than 32,000 delegates. Called a Snowmobile, the container can be delivered to customers to load with up to 100 Petabytes of data, which will then be uploaded...

MACAU—Channel partners—specifically the distributors and resellers of IT vendors—need to keep riding the wave in the technology industry to survive the tremendous disruption caused by new technologies and business models. “The channel hasn’t changed at all; what has changed is the technology industry, and you need to keep riding that wave,” says...

Ginni Rometty, IBM CEO, once said, “we need to think about security like a human immune system. Without a healthy one, you are susceptible to all kinds of diseases.”  Indeed, the increasing number of cyberattacks happening everyday is proof that the information systems of companies and government organizations aren’t “healthy,” as many have been vulnerable to all kinds of attacks, from website hacking to ransomware. “Cybercriminals rely on exploiting known vulnerabilities to conduct their attacks – this is due to the...

The Philippines’ information technology and business process management (IT-BPM) industry is crafting a 6-year plan that will enable the industry to maintain growth momentum and create four to five million new jobs amid disruptions caused by new market and technology trends. As a preferred destination for IT-BPM work, the Philippines has been growing at more than twice the global market growth rate over the last 5 years, according to Frost & Sullivan. With a 6% CAGR, total global opportunity for outsourced IT-BPM is expected to grow...

Over the years, the rapid development of information technology has greatly optimized the day-to-day operations of businesses. Companies collect and store an enormous amount of data, which in return, demands superior and diligent data management. However, organizations typically overestimate the quality of their data and the cost of errors, according to a study. Because...

Seeing a big push among Philippine companies toward digitalization, Germany’s Software AG has partnered with MDI, one of the country’s leading communications technology solutions provider, to help local companies succeed in their digital transformation initiatives. Software AG, Germany’s second-largest software company, offers big data, integration and business process technologies. The company also offers cloud-based software which are available via Amazon Web Services. “Digitalization is a major trend and digital transformation...

Security expert, Fortinet, states that almost 80 percent of industrial security incidents in critical infrastructure organisations are caused by unintentional internal issues such as software misconfigurations from human error and malfunctioning network protocols. Critical infrastructure industries in particular, such as utilities, transportation and natural resource...