Driving Business Value Through IT Transformation Master Class

first_imgWith the global economy seeing early signs of recovery, businesses are now looking at IT to create value and become more agile to create differentiation in a highly competitive marketplace.For IT organizations, this creates a real challenge. We are dealing with the perpetual necessity to cut costs whilst balancing the need to invest in emerging technologies and innovative ways to augment the IT value chain. It seems, however, there is a simple answer: ‘Software-Defined’ with ‘No Limits’!With VMworld Europe concluding today, you can expect a catalyst of momentum around how software is empowering IT to break down walls, demolish barriers and reveal the opportunities ahead.To celebrate and examine this concept in more detail, the Financial Times asked EMC and VMware to record a short video series on the key elements of how to drive business value through IT Transformation. Over the next few weeks we will release a total of five videos, each addressing an area to cover when considering a transformation.  To follow the series, bookmark this blog!Chapter One – Drivers for IT Transformation In the first of this series of master-class videos, we explore how the convergence of cloud, big data and mobile technology is driving IT transformation across businesses.With traditional business models being disrupted by these new technologies, senior technologists from EMC and VMware discuss why, despite pressures from the business for IT organizations to cut operational costs and address the burden of legacy IT applications and infrastructure, changing business expectations in a recovering economy are creating a phenomenal opportunity for organizations to create first mover advantage – if IT can keep pace with the business.Coming soon:Chapter 2: Transforming Your Infrastructure and Delivering a Well Run Hybrid CloudChapter 3: Transforming the Operating Model and enabling the Software Defined EnterpriseChapter 4: Transforming Applications and preparing for the Third PlatformChapter 5: Partnering to Enable Successful Transformationslast_img read more

Vermont unemployment rate moves up three-tenths to 5.2%

first_imgMontpelier — The Vermont Department of Labor announced October 21, 2008, that the seasonally adjusted unemployment rate for September 2008 was 5.2% percent, up three-tenths of a point from the revised August rate of 4.9% and up 1.3 points from a year ago.”The nation’s housing and financial services crisis continues to impact Vermont’s labor market,” said Patricia Moulton Powden, Commissioner of the Vermont Department of Labor. “Seasonally adjusted employment improved a bit in September, but the unemployment rate ticked up to 5.2%.”Before adjustment, Total Non-Farm jobs grew by 7,250 or 2.4% from August to September. Despite this growth, Total Non-Farm jobs remains down by 0.1%, or about 400 jobs, over the year. The Leisure and Hospitality sector showed its expected seasonal decline of 2,550 jobs or -7.3%. The Manufacturing and Construction sectors have contracted by 800 and 750 jobs respectively over the year.A large monthly seasonal gain came from state and local government as school support staffs return to work. And the Healthcare and Social Assistance sectors showed significant annual gains, growing by 950 jobs or 2.1% over the year.When seasonally adjusted, job levels increased slightly by 100 jobs over August, but still lag a year ago by 700 or -0.2%. Job losses were spread over most industry sectors with only Transportation, Warehousing & Utilities, (+300 / +3.5%), Health Care & Social Assistance, (+200 / +0.3%), and Other Services, (+100 / +0.6%) showing measurable growth in seasonally adjusted private sector jobs.Vermont’s observed seasonally adjusted monthly changes in employment, unemployment and unemployment rate are not statistically different from August values. For comparison purposes, the US seasonally adjusted unemployment rate for August was 6.1 percent, unchanged from August 2008. Unemployment rates for Vermont’s 17 labor market areas ranged from 3.0 percent in Hartford to 6.3 percent in Newport. Local labor market area unemployment rates are not seasonally adjusted. For comparison, the unadjusted unemployment rate for Vermont was 4.9 percent, up seven-tenths of a point from August 2008 and up 1.3 points from a year ago. Job counts decline slightly in September. Unemployment moves up three – tenths to 5.2%October 21, 2008 “The nation’s housing and financial services crisis continues to impact Vermont’s labor market.  Seasonally adjusted employment improved a bit in September, but the unemployment rate ticked up to 5.2%.” Patricia Moulton PowdenCommissioner of the Vermont Department of Labor September2008 August2008 September2007 Total Labor Force 353,300 351,100 352,600   Employment 334,900 333,800 339,000   Unemployment 18,300 17,300 13,600   Rate 5.2% 4.9% 3.9% Vermont Labor Force Statistics Seasonally Adjustedlast_img read more