Double intake on scheme for Indian talentOn 16 Jan 2001 in Personnel Today Previous Article Next Article Comments are closed. The Government is to double the number of places on a scheme allowing young Indian professionals to work on attachment with UK companies.Trade and Industry Secretary Stephen Byers used his recent visit to India to announce the increase in places this year from 15 to 30.Launched in 1998, the British Overseas Industrial Placement Scheme has seen more than 40 Indian nationals sponsored by UK organisations for up to 12 months.Speaking at a seminar in Delhi, Byers said the scheme is designed to enable UK organisations to develop links in overseas markets.He said, “These high-fliers contribute their skills and experience of their home market. “Through their exposure to the products and services of their UK business sponsor they develop new skills and knowledge which they are able to apply on their return to India.“So far, 43 talented Indian professionals have participated. As a result, leading British companies have gone on to develop partnerships and joint ventures with their Indian counterparts.” Related posts:No related photos.
Image: INNIO and LEC have been researching and developing new technologies for sustainable power generation.Photo: Courtesy of Business Wire The United Nations Climate Change Agreement and movements such as Fridays for Future are putting pressure on politicians, companies and research institutions to develop sustainable energy solutions. For the past 25 years, INNIO, a pioneer in combined heat and power, and the LEC in Graz have been researching and developing visionary technologies for sustainable power generation and the transport industry.The combustion of so-called e-fuels, i.e. regenerative fuels like hydrogen and hydrogen carrier gases such as synthetic natural gas, methanol or ammonia, is being tested or further optimized. The aims of the research are to develop technologies capable of making drastic carbon dioxide (CO2) reductions and to build gas engines that are virtually emissions free.As part of the COMET-K1 research program, the State of Tyrol is providing €2.4 million in funding for technology development including the areas of sustainable power generation and transportation systems. “By subsidizing this research cooperation, we are further advancing our goal of freeing Tyrol from its dependence on fossil fuels by 2050. We are also better positioning ourselves as an attractive business and science location as well as an international partner for research, development and innovation,” said PatriziaZoller-Frischauf, Tyrolean Minister of Economic Affairs, at a technology forum held today at INNIO’s corporate headquarters in Jenbach.“We are already using regenerative fuels such as hydrogen in our Jenbacher gas engines. In cooperation with the LEC, we are further developing this technology and plan to demonstrate by 2021 that a Jenbacher gas engine can run on up to 100% hydrogen or methanol,” underscored Carlos Lange, President & CEO of INNIO. “INNIO will continue to make significant investments in research and development and will further expand its technological leadership in power generation based on regenerative gases. In specific, hydrogen and hydrogen carrier gases produced from surplus energy such as wind or solar power, which are storable for a longer period of time.”Development of emissions-free deep sea shipping“We are focusing on the development of combustion processes for industrial engines that are as emissions-free, efficient and as fuel-independent as possible,” explained Andreas Wimmer, CEO of the LEC, during the technology forum.A carbon-neutral, 2-megawatt (MW) marine engine will be tested at the LEC in 2020 as part of the EU HyMethShip project. The engine is a Jenbacher Type 6 gas engine that operates on either 100% on hydrogen or 100% on the hydrogen carrier gas methanol, both from renewable energy sources.“The HyMethShip innovation project, which has already won international awards, sets new standards in the area of emissions-free deep sea shipping and has the potential to eliminate sulfur and CO2 emissions,” says Wimmer.Storage presents major challenge for the energy transitionVolatility and the storage of electric power over a longer period of time are a challenge when switching to renewable energies. As a consequence, the LEC is currently researching the combustion of 100% regenerative hydrogen. This fuel is obtained by electrolysis with the aid of excess wind or solar power. Hydrogen can also be converted into hydrogen carrier gases such as synthetic natural gas, ammonia or methanol. It can also be converted back into electricity.This is where INNIO’s Jenbacher gas engines come into play: thanks to their fuel flexibility, they can be operated with gases from renewable sources. As mentioned previously, both INNIO and the LEC have been collaborating for many years on the optimization of these processes. The worldwide delivered INNIO fleet comprises more than 50,000 Jenbacher and Waukesha gas engines. Nearly 55% of those installed in German-speaking countries are already powered by gases from renewable energy sources (mainly biogas, but also hydrogen mixtures). As technological development progresses and the global energy transition takes place, the significance of this area of application will grow exponentially.Pioneer in the field of digitizationIn addition to direct engine technology, INNIO and the LEC are also collaboratively researching new sensor technology as well as data processing, both of which are integral components in terms of sustainability. Today, 60% of all Jenbacher gas engines installed worldwide are monitored online via INNIO’s myPlant software. INNIO has thus also become a pioneer in digitalization combined power and heat generation. With its digitization strategy and the new COMET module “LEC HybTec,” the LEC is setting new standards when it comes to the fusion of physical and data-driven simulation models. This has led to the development of novel, physically motivated Artificial Intelligence methods and learning methods that are raising the bar in the research and development of sustainable, large gas engines. INNIO and the LEC in Graz have been researching and developing visionary technologies for sustainable power generation and the transport industry
The average rent achieved for a newly let residential property in the UK rose in September by 3.6 per cent year-on-year to £941 per month, the latest figures from Countrywide reveals.The research found that rents continued their growth over the year, with prices supported by falling numbers of homes available to rent and sustained demand from tenants.The study also shows that the gap between the areas where many people can afford to rent and where they can afford to acquire property has continued to widen, owed largely to the fact that house price growth has outstripped rents across most parts of the country in recent years.As a result, more than half of tenants – 51 per cent – who purchase a property do so outside the town or city where they were renting, compared to 38 per cent in 2008.This trend is most evident in London where a third of renters – 36 per cent – who take their first steps on the housing ladder end up living outside the M25, up from a fifth – 21 per cent – in 2008, reflecting a surge in property prices over the past seven years.Johnny Morris (right), Research Director at Countrywide, said, “Renting enables many tenants to live in areas where they could not afford to buy but that means aspiring home owners often have to look elsewhere to find a home they can afford. It’s common for first time buyers to make sacrifices to buy their first home, so with price rises in recent years outstripping income growth, more are choosing to bypass rising prices by looking further for cheaper areas.”A separate study from the think-tank ResPublica shows that with the price of property continuing to increase, renting for many people is currently the only affordable option, with the number of people renting from a private landlord now at its highest level for more than 30 years.The research reveals that 22 per cent at the present rent from private landlords, up from 9 per cent in 1985.“At the moment we are failing to extend economic ownership to everyone, ownership is an unrealisable dream for too many,” said Phillip Blond, Director of ResPublica.rents continue to grow rents increasing renters rents October 14, 2015The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 Home » News » Housing Market » Average rents continuing to grow previous nextHousing MarketAverage rents continuing to growThe number of people renting from a private landlord has reached its highest level for over 30 years.The Negotiator14th October 20150434 Views
It’s a tough world out there for online-only estate agencies in the UK. They set out their stall, win eye-watering financial backing and launch with a marketing fanfare to persuade potential movers that they are the new leaders in property agency and will save everyone a fortune, infuriating long established professional high street agencies.They settle down and, for a time, build business but then, as the fanfare turns fades, close their doorsThe most high profile this year is Upad, which claimed to be the UK’s biggest online letting agent, but is now ‘no longer accepting new business’, leaving thousands of landlords in the UK abandoned and their listings void.As reported in The Negotiator on Monday, “Upad was the largest online-only lettings agency in the UK and recently claimed to have been used by 12,500 landlords and listed 30,000 properties. It is claimed that 450 landlords will be affected by Upad shutting up shop.”The company’s announcement reveals that tenants and landlords using its service who have entered into tenancies arranged through or managed by Upad should contact each other directly to work out future arrangements.This follows another high profile online agency, emoov, which closed it doors nearly a year ago and which was subsequently acquired by startup Mashroom, which recently relaunched the business ‘on a more sustainable basis’.Free of chargeMashroom, is consequently offering all former Upad landlords the option re-list their properties on its site, free of charge.Naveen Jaspal, COO of Mashroom (pictured, top), says that for online agents to survive the turbulent property climate, businesses need to deploy a sustainable business model, positioning their customers at their core. Naveen said: “With its free offering for landlords, Mashroom prioritises the needs of its customers.“Mashroom will further support landlords who previously had to pay for Upad’s services by offering them a simple and stress-free service, giving them a comprehensive toolkit to take charge of their property, as well as providing ongoing communication and support.” Naveen Jaspal Mashroom upad October 16, 2019Nigel LewisOne commentAndrew Stanton, CEO Proptech-PR Real Estate Influencer & Journalist CEO Proptech-PR Real Estate Influencer & Journalist 16th October 2019 at 2:18 pmI have to hand it to Naveen, holding out a helping hand to allow landlord’s to free list on the major portals.But is Emoov/Mashroom not a case of out of the frying pan and into the fire, as from the recent figures given by Naveen – if Emoov if not dead, is very much like parrot in the monty python sketch, as from the figures it would appear that Emoov is running at a considerable loss. And as such can not be doing much business at the sharp end.To recap the likely figures: – 200K to buy a defunct company in Jan 2019, with no instructions to sell. Then 9-months of running costs, Jan to Sept; a monthly cost of either 20k, 30k or 40k, gives a 9-month cost of either, 180K, 270K or 360K (or higher).Plus of course the initial set up costs of Emoov mark II say 50k.So, at the end of Sept Emoov has burnt through either 200k, 50k, and 180k = 430k, or as much as 200k, 50k, and 360k (or higher) = 610k.In 9-months Emoov has 72 completed sales or sales proceeding. So, if 33% had a fee of £895, 33% had a fee of £1,200 and 34% had a fee of £1,500, the total amount of fee possible would be £87,000, this includes an element of sales not yet exchanged.So, probably 12-sales not yet exchanged, means that at end of Sept 2019, £72,000 is the likely amount of revenue generated.As industry cancellation rate is 28%, 72 sales means 100 gross sales have been agreed in 9 months, so Emoov on this model is likely to sstc 125-properties a year, which is a hit rate of 4.5 gross sales a week.Not really an industry disruptor.The parrot is definitely not very well. And my suspicion is that the monthly burn of cash through Emoov may well be much higher than 40K a month if we look at the cash burn of other failed onliners, or even Emoov I.Perhaps, the bigger question is where is all the money coming from to underpin Emoov’s/Mashroom’s current operation?It certainly is not coming from upfront fees – the usual model for this type of enterprise, thoughts anyone?My thoughts despairing landlords beware of Greeks bearing gifts, or in this case online agents offering a free lunch, it may well cause an upset stomach later.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » Competitor picks up the pieces following Upad closure previous nextAgencies & PeopleCompetitor picks up the pieces following Upad closureSoon-to-launch community lettings platform Mashroom, is offering Upad landlords the option re-list their properties on its site, free of charge.Sheila Manchester16th October 20191 Comment1,684 Views
“It is only through listening to the opinions of others that we can fully understand those opinions. Whether we are inclined to agree or disagree with them, there is a profound intellectual value in critically thinking through why we agree or disagree instead of just rejecting them out of hand.”Oxford-based anti-racism groups quickly condemned the event. In a statement, Ian McKendrick from Oxford Stand Up to Racism said: “We condemn the Oxford Union invitation to Alt-Right guru Steve Bannon to speak on 16 November. The Oxford Union is once again giving a platform to a far right speaker, and by doing so legitimising racism.“Bannon is attempting to build an Islamophobic international of far-right groups and is looking to fascist Tommy Robinson here in Britain as a key figure for his movement.”He added: “We call on the Oxford Union to stop giving credibility to racism and fascism and cancel the invitation to Steve Bannon.”The Union’s Facebook event page was flooded with criticism from students. One wrote: “Absolutely no words!!! What next? You will be inviting Hitler too??”On Twitter, one student said he would resign his Union membership over the Bannon event.In light of Steve Bannon being invited to speak, I am resigning my Oxford union membership. This is a disgrace.— Jonah Anton (@anton_jonah) November 14, 2018Stephen Horvath told Cherwell: “I briefed all staff members and committee members necessary for the running of this event. For example, The Chair of the Consultative Committee (as the person in charge of logistics), the President-Elect (as the person with the most experience of security and logistics), the Junior Treasurer (as the person with the most experience of successfully inviting American political figures to the Union), and the Director of Press were made aware of this event in advance so that appropriate security measures could be put in place for the benefit of those members wishing to attend this event. “On the advice of our security team, the announcement was scheduled for Wednesday morning. This is consistent with other high-profile speaker announcements such as Secretary Kerry or President Nixon, and it is worth noting that, unlike these figures, Mr Bannon does not have government funded security.”He added: “At the end of October, all sitting Officers (including Nick Brown) were notified that an event would probably be taking place on Friday 16 November with a high-profile American political figure. No Officer used a motion of Standing Committee to direct me to reveal their name.” A row has erupted at the top of the Oxford Union over President Stephen Horvath’s last-minute announcement to host Donald Trump’s former right-hand man Steve Bannon.Union secretary Nick Brown has called an emergency meeting of Standing Committee – the society’s governing body – to vote on cancelling the event on Friday, which has already prompted several student protests calling on the invite to be withdrawn.The move follows claims that the Bannon event had been kept under wraps by the President for several weeks in advance. Three Union insiders told Cherwell that a majority of Standing Committee were not informed of the decision to host Bannon until the event was made public on Wednesday morning.Following Wednesday’s announcement, student campaign groups announced demonstrations against the decision to host Bannon, who has been accused of promoting populism, anti-Semitism, and white supremacy. By Wednesday afternoon, over 170 people had marked themselves as “going” to a protest outside the Union on Friday.Brown’s motion reads: “I, Nick Brown, hereby requisition an emergency meeting of the Standing Committee for 3pm on 15 November in the Macmillan Room. The purpose of the emergency meeting will be to discuss and vote on whether the Standing Committee should direct the President to disinvite Steve Bannon.”The motion was signed by Brown, the Union’s treasurer-elect Amy Gregg, and Standing Committee member Anisha Faruk.Earlier in the term, German far-right leader Alice Weidel cancelled her Union event, after widespread opposition from student groups.Announcing the Bannon event earlier today, Horvath said: “I am sure there will be people who challenge the value of free speech in relation to this invitation. The event with Mr Bannon provides an opportunity for our members to hear from an individual who has been at the centre of a rise in right-wing populism, as well as to critically question and debate the ideas and rhetoric of Mr Bannon.
INTERESTING READ ABOUT DONALD TRUMP( This article was sent to us by one of our readers. Author is unknown)Donald John Trump, was born June 14, 1946.He will be 70 years old on election day.From the Internet, he is 6’2″ or 6’3′ and weighs between 195 and 200 lbs.He has a full head of blond/brown hair (which is long and elaborately combed) and blue eyes.The Internet tells us he wears a size 12 shoe.Donald Trump was born the fourth of five children who were born over eleven years.The oldest, Mary Ann, was born in 1937 and is currently a Federal Judge.His older brother, Fred Jr, died in early adulthood as a result of complications from alcoholism.He has another older sister, Elizabeth and a younger brother, Robert.Donald Trump has been married three times.Trump’s first wife, Ivana, was an immigrant from Czechoslovakia and a divorcee who has been married 4 times in her life. She is a lifelong avid skier and worked in design at the Trump Organization.Marla Maples, Trump’s second wife is an actress and modelTrump’s third wife, Melania is an immigrant from Slovenia (born in Yugoslavia) and has been a super model.Two of Trump’s children, Donald Jr and Ivanka, have gone to Penn. Son Eric, went to Georgetown.Donald Trump tells us that he is Presbyterian.Donald Trump does not appear to have had any interest in occults, mysticism or exotic mythologies.Donald Trump’s oldest daughter, Ivanka, and her three children are Jewish.Trump’s oldest daughter, Ivanka, is married to Jared Kushner who is, among other things, a newspaper publisher. The Kushner family is very successful in New York City area real estate.Donald’s grandmother, mother, first wife, and third wife are all immigrants.Donald Trump was born and raised in Queens NY. Though his family was very wealthy, Trump’s boyhood home in the Jamaica Estates section of Queens was not a grand mansion. The Trump home was a larger version of the homes Fred Trump was building for his tenants.There are no indications that the Trump family lived among the wealthy elites on vacations or country clubs.Queens is the largest of New York’s five boroughs and the most ethnically diverse.Trump attended a local private day school, the Kew Forrest School, in Queens until about 8th grade.His secondary schooling was at New York Military Academy which is about 60 miles north of NYC in Cornwall on the Hudson. He was the class of 1964.Trump was never a “Preppie”.Trump never embraced any aspect of the “Hippie” movement of the time.Trump was a very good high school athlete – football, soccer, and especially baseball. He had potential to become a professional baseball player.Even in high school – Trump liked women and women liked himTrump was generally popular in high school.Tump’s boarding school room mate liked him.He attended Fordham University in NYC for two years and transferred to the University of Pennsylvania’s Wharton School of Business.At that time, the Wharton School offered a rare program for Real Estate Business.Though he was of age, Donald Trump did not serve in Vietnam. He was not drafted due to bone spurs in his heels (4F) and also student deferments. Ultimately, in the draft lottery, he drew a high number.By all we know, Donald Trump does not smoke, drink or use recreational drugs. He’ll be the first President in more than 25 years who hasn’t smoked weed.BTW: Trump’s children don’t smoke or drinkTrump makes it well known that he enjoys sexual interaction with women.I am unaware that Donald Trump is a recreational gambler.His doctor publicly announced Donald to be in excellent health.Trump Family History – concise version.Donald Trump’s grandparents immigrated to the U.S. from Alsace (Kallstadt, Germany) which throughout history has been alternately French and German. The Trumps are German, originally speaking the same German dialect as the Amish of Lancaster County, PA.His maternal grandparents lived in Scotland. Freiderich (Drumph) Trump made a small but respectable fortune in the late 19th Century in the mining boom towns of the American Northwest.He returned to Germany to marry his childhood neighbor, Elizabeth Christ.The newly married Trumps resettled in the Borough of Queens NYFreidrich was establishing a Real Estate business in Queens when he died suddenly at age 49 (1918).In 1920, at the age of 15, Fred Trump (Freiderich’s son and Donald’s father), started a business partnership with his widowed mother called Elizabeth Trump & Son.This business was built upon the real estate holdings that his father, Frederich, had amassed (worth about $500,000.00 in today’s dollars). This is the original “seed money” of the current Trump Organization.Elizabeth & Fred remained close business partners her entire life (she died in 1966).In 1936 Fred Trump (age 31) married Mary Ann MacLeod (age 24) of Stoneaway Scotland.During the depression, Fred Trump built and successfully operated a supermarket (a new concept at the time) which was sold to King Kullen Co. and operates this day.Fred Trump made a lot of money building housing for the military during WWII. Fred Trump was investigated by the Justice Department for making “excessive profits” from government contracts.All (or nearly all) of the building of Elizabeth Trump & Son’s non-government building was residential property in Queens.Fred Trump died in 1999 (age 94) – beloved and worth between $250 million and $300 million. His wife died a year later.“The Donald’s” CareerDonald Trump is the greatest career achiever of the “baby boomer” generation.Donald Trump has reached the zenith in his careers as book author, TV entertainer, sports entertainer, Real Estate developer, and currently politician.Donald Trump has authored more than 18 books. At least one of them, The Art of the Deal was a top seller.Donald says that the Holy Bible is his favorite book. The Art of the Deal is his 2nd favorite book. And The Power of Positive Thinking by Norman Vincent Peale is his third favorite book.He likes golf. Donald Trump has developed more than 11 golf courses which bear his name.Donald Trump has twice been nominated for an Emmy AwardDonald Trump has a star on the Hollywood Walk of Fame.Donald Trump has been inducted to the Professional Wrestling Hall of Fame.Donald Trump has appeared in more than a dozen movies such as Home Alone 2, Zoolander, and Little RascalsDonald Trump has been a guest actor in more than 6 TV shows such as Fresh Prince of Bel Air, Days of Our Lives, Sex and the City, and others.Trump has been the Executive Producer of 7 TV shows.Trump has been the guest host of 5 TV shows such as Extra, Larry King Live, and Saturday Night Live and more.Donald Trump has been co-producer of the longest running reality TV show.Donald Trump performed in several WWE wrestling shows.Donald performed in Wrestlemania 23 which set attendance records and revenue records up til that time.In his first candidacy for public office, Donald Trump received the most popular votes for the President of the United States out of a field of experienced and successful politicians. And in most cases, he achieved this with less money than any of his opponents.Keeping in mind that 90% of start up businesses fail, Trump’s record of enterprise is nothing short of amazing.Donald Trump has enjoyed success in at least 11 very different enterprises: Professional football, Ice Skating rinks, Fragrance, Ice, Steaks, Wines, Model management, Airline, blenders, Men’s wear, Bicycle races, world class beauty contests, and many others. In some of these, such as model management, his firm has risen to the top of that particular industry.There are 31 buildings that bear his name.The largest private real estate development in New York is Trump Riverside. Drive down the Henry Hudson Blvd. There are at least 12 Trump Towers. There are at least 6 Trump Plazas.There are at least 11 Trump Golf Course developmentsTrump Entertainment, casinos and resorts was recently sold to Carl Ichan.Donald Trump’s personal managing of the Wollman Ice Skating Rink project in the early 1980’s is the quintessential case study for MBA students in Wharton, Harvard, and other business schools. His performance there was phenomenal.Donald Trump’s privately held businesses have employed more than 200,000 people.In the casino business in Atlantic City, Trump had to do business with known mobsters – and he stayed “clean” and alive.Aside from his personal investments, Donald Trump has never been a Wall Street “player”.The Political Trump:From 1967 – 1987 – Democrat (he was a supporter of Ronald Reagan)1987 – 1999 – Republican1999 – 2001 – Reform Party (he supported Ross Perot)2001 – 2009 – Democrat2009 – 2011 – Republican2011 – 2012 – Independent2012 – Present – RepublicanDonald Trump was openly supportive of Mitt Romney’s candidacy.Donald Trump does not seem to hold political party organizations in high regard.For the most part, his political involvement has been for practical reasons.Donald Trump does not appear to be held to political ideology.Some Causal Observations of Donald Trump.Trump has an extraordinarily energetic central nervous system much like Teddy Roosevelt but more targeted to industry and enterprise.Trump’s presidency will be very energetic, transparent, and communicative.Trump will be a very hard working President.His interaction with his older brother (who everybody loved) tells me that he thinks that everybody is like him – or wants to be – or should be.His relationship with his older brother was a hard lesson in tolerance for him.Trump is the Babe Ruth of career achievements.He is dumb like a fox. When you think he just said something stupid – he didn’t. It’s just that you were not his target audience.His son, Donald Jr. is a “Blue Collar Billionaire”.More than anything, his TV show, The Apprentice, was his passion. He wants all Americans to have confidence (like he does) to venture.Donald Trump is attracted to and marries smart, high achieving women.The highest levels of a Trump Administration is certain to have many women – and they will be bright and assertive.Donald Trump’s children are very important to him. And it shows.FOOTNOTE: We know very little about our current President. FOOTNOTE: POSTED by the CCO WITHOUT OPINON, BIAS OR EDITING.FacebookTwitterCopy LinkEmail
The Bowery Presents recently announced the opening of new venue Brooklyn Steel, an 1800-person capacity, general admission venue in the Williamsburg section of Brooklyn. So far the venue has announced acts such as Tycho, The Decemberists, Pixies, PJ Harvey, Two Door Cinema Club, Animal Collective, Perfume Genius, Whitney, The Black Angels and San Fermin, among others.Keeping with the industrial theme, the venue features hundreds of tons of steel in the construction including repurposed materials throughout, and will have 10,000 square-foot green roof that will help confine the sound of their state-of-the-art L-Acoustics system (which also outfitted Terminal 5) within the building.Brooklyn Steel will open in the Spring of 2017. For a full schedule of shows and additional information, click here.
As I get ready to head to Cisco Live in Berlin I’ve been giving a lot of thought to IT systems. All IT systems and their components have limits, boundaries of all sorts: technology upgrade options, maximum scalability, ease of reconfiguration and openness to integrate with multi-vendor systems, to name a few.Converged infrastructure systems (i.e., compute, storage, network and virtualized components engineered and manufactured together as one product) have limits too, albeit highly scaled limits.For example, Dell EMC Vblock or VxBlock Systems can scale from 2 to 256 compute blades, 4 to 11,264 cores, 2 to 10 raw Petabytes. Limits yes, but that’s more than enough to handle many enterprises’ entire mix of data center workloads. And these converged systems have the flexibility to mix and match technologies (e.g., different types of storage and compute devices) through side-car cabinets called Converged Technology Extensions.But what’s next?What if you want to scale more?What if you want to share resources across converged systems?What if you want to share converged resources with legacy, non-converged systems – or vice versa?How do you go beyond the boundaries of converged systems, even if they can scale to 10 Petabytes and thousands of CPU cores?Those are challenges that our customers would like to see Dell EMC solve.And to solve them, the company literally thought “outside the box” – and created the Vscale Architecture to converge resources across networks.Since March 2015, when VCE (now Dell EMC’s Converged Platforms & Solutions Division) first announced Vscale Architecture as a strategy, the company has been quietly deploying it across a range of industry sectors: government, transportation, finance, retail, manufacturing, healthcare research, and more.Here’s an illustration of one such deployment scenario:This architecture extends the benefits of convergence — operational simplicity, lower risk and faster time to market for new services — to the entire data center and across distributed data centers.Over the next few months, I’ll be blogging and writing new literature about the architecture, its core components (such as pre-engineered Cisco spine and leaf networks with Cisco automation and software defined networking), and its real-world deployments.In the meantime, see the data sheet posted here to get a first, high-level description of the architecture and its various components.
January 1, 2004 Jan Pudlow Associate Editor Regular News Attorney donates a kidney to colleague’s suffering daughter Attorney donates a kidney to colleague’s suffering daughter Associate Editor Hooked up to hemodialysis at the hospital for four hours three times a week. Enduring the prick of needles the size of 16-gauge nails. Sapped of energy. Carrying only 86 pounds on her 5-foot-3-inch frame. Unable to eat many foods, and forcing down nourishment that tasted tinged with aluminum. Since 2001, that was the painful routine for Stefanie Reed, now 20. Born with medical problems, the kidney her father had given her when she was only 18 months old wore out after 17 years. She was on the national list for another kidney, waiting, waiting, waiting.“I was about to start panicking,” Stefanie Reed said. “I was put on an extended list, and I was willing to take anything.” Bouncing into her life like an unexpected miracle was Nancy Lugo, a lawyer for Bay Area Legal Services in Tampa. Lugo worked with both Stefanie’s mom, Judy Reed, and Stefanie’s grandfather, Mel Miller.For quite some time, Lugo had heard how badly Reed’s daughter needed a kidney. “One day Nancy asked what blood type Stefanie’s was,” Judy Reed recalled. As it turned out, Nancy was also the rare blood type B positive.When Lugo said she would be willing to donate her kidney to give a young woman a new lease on life, Judy Reed said, “I was shocked. My heart dropped to my feet. That is not something you can ask somebody for. It’s not like you can go up to a friend and say, ‘Can I have an organ?’ What are the odds of two people matching the same rare blood type B positive and then be willing to donate an organ to someone you don’t know?”But Lugo volunteered to give the gift that keeps on giving.“When I found out that Stef and I both had the same blood type, it was like, ‘Tag, you’re it!’ I knew that I needed to take the next step and begin the screening process to determine whether I could be a donor,” Lugo said. “Of course, I first needed to discuss the whole matter with my husband, who has always been supportive of the major life choices that I have made.”Lugo and her husband, Bill Navas, a lawyer at the attorney general’s office in Tampa, were already attuned to the wondrous gift of organ donations. A close family friend’s teenage daughter battled leukemia with a bone marrow transplant. Another friend of her husband with cancer was the recipient of a liver transplant. And Lugo’s husband regularly donates blood platelets to one of his colleague’s young child with cancer.But for a 44-year-old mother of two young boys, 8 and 10, to give up a kidney? That took a lot of deep contemplation and conversation, Lugo said. Her lawyer instincts kicked in and she got on the Internet and did a lot of research about the risks. She asked a lot of questions of the surgeons. She talked frankly to her sons about wanting to help a young lady who desperately needed a kidney.The Reeds sat down with Lugo’s family before the November 22 transplant surgeries, so they could meet each other and the boys could see the real person who would be helped by their mother.“Her husband was leery,” Judy Reed said. “Nancy told him that God told her to do this. And then he said, ‘I don’t argue with the Big Man.’”Once the decision was made to go forward, Lugo had to undergo a complete physical to make sure she was healthy enough to give up her second backup kidney, as well as psychological testing. The team of doctors had to choose her, as well.When Lugo passed each hurdle of the lengthy screening process to make sure she was a good donor, Lugo kept praying: “OK, God. You have to show me.”She got two very strong signs she was doing the right thing, Lugo recounted.In September, when she suffered a herniated disc in her back, she was having second thoughts about going through with the kidney donation. Sitting in her orthopedist’s waiting room, she picked up a magazine and there was an article about kidney donation staring back at her.The second sign from above came when Legal Services Corp. in Washington, D.C., sent an auditor to Bay Area Legal Services for the routine bookkeeping check-up. The auditor happened to have donated a kidney to his son six years ago and encouraged Lugo to go forward with her plan.Even when her mind was made up, more testing had to be done to make sure the time was right for the transplant.Once a week, blood had to be drawn from Lugo and Stefanie Reed to check antibodies against each other. Stefanie had to have drug treatments to adjust down her antibodies, elevated from having had a previous transplant and a virus.It was all done through a cutting-edge program called LifeLink, and Stefanie said she is very grateful to Dr. John Leone, whose team volunteered to come in on Saturday Nov. 22 to perform the transplant at Tampa General Hospital. “Nancy is my angel, and I thank her for giving me back my life,” Stefanie Reed said. “I love her. I love her whole family. I told her she has a sitter for life. I will take care of her boys any time she wants.”The transplant surgery is actually tougher on the donor than the recipient. While Stefanie was gleefully able to shop at the mall within a week of the surgery, even though she had to wear a surgical mask to guard against infections, Lugo will have a six-to-eight-week recovery period.On December 10, Lugo had just returned from the doctor’s office and learned some spots where nerves were severed likely will remain numb. But she is taking that in stride, a small price to pay for a return so great.“I rest a lot. I feel weak,” Lugo said, but it’s nothing compared to the pain she felt from her back problems.She knew her gift of a kidney was worth it when her husband wheeled her down to Stefanie’s hospital room for the first visit. Even though Stefanie was hooked up to machines, Lugo said, she saw the healthy glow of new pink in her cheeks. Sitting on her bedside table was a carton of strawberry milk — something that was forbidden to drink while on dialysis.“When I saw her, I knew it was worth it,” Lugo said. “It’s an inconvenience for about a month. Some people say I saved her life. I don’t think so. The way I look at it is that she was hooked on a dialysis machine, and what kind of life is that? I look at it as helping improve the quality of her life.”And it certainly has already.Each day, Stefanie says, she feels stronger, now up to 102 pounds.“I can think clearer. I can concentrate now. I have all this energy,” Stefanie said, though she is not as peppy as the average 20-year-old, as she is still battling Chronic Fatigue Syndrome.She knows how blessed she is, as she thinks of the children she met at the hospital’s pediatric unit still waiting for their angel to arrive.“Make sure people reading your story know to tell your family if you want to donate your organs,” Stefanie said. “One person can donate 61 things. I want to get the word out there, because so many kids need transplants — little kids, too.”Even the Reeds’ friends in England have sent cards, and Lugo has run out of space for all the flowers she has received.“This has been Thanksgiving and Christmas all in one!” Judy Reed exclaimed. “I told Nancy I could rattle on words for years, and it wouldn’t cover it. We just hug her and tell her we love her.”
As the first round of NCUA supervisory stress tests are being completed, NCUA’s capital planning and stress testing rule for the largest credit unions might have you asking if you should be doing capital planning and stress testing too. Even if you are not a federally insured credit union with assets of $10 billion or more, it’s reasonable to ask if it’s a good practice.Understanding risk exposures and being structured to survive a certain level of risk is key. All credit unions do some form of capital planning via their budgeting process (although not at the rule’s level), but stress testing is often lacking. If you’re interested in performing NCUA’s stress testing, they publish stress test scenarios for baseline, adverse and severely adverse scenarios. These are macro-economic scenarios that include the unemployment rate, market interest rates, GDP, etc., and must be translated into assumptions that affect the credit union’s projections.NCUA is conducting the stress testing for the first three years and results aren’t public at this time. But the Federal Reserve’s approach to stress testing for banks, which NCUA’s stress tests were modeled after, shows that those macro-economic scenarios are turned into stress test assumptions by using the financial institution’s data, historical information and other regional and national data. If it’s overwhelming to think about creating assumptions for individual loans, step back to the bigger picture. The Federal Reserve’s emphasis is on how such assumptions should be justifiably tied to the economic stresses being modeled, rather than loan-level detail. In fact, banks commonly model portfolios segmented by such characteristics as product line, lien position and sometimes down to loan-to-value and credit score for material portfolios rather than at the individual loan level. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr