first_img Comments are closed. Stakeholder pensions at a glanceOn 10 Oct 2000 in Personnel Today Previous Article Next Article Tim Sargisson highlights employer requirements for the stakeholder pensionWhat is a stakeholder pension?A flexible, low cost, tax-efficient retirement savings plan, which should offer good value to everyone, especially those on low incomes. It should meet minimum standards on cost, access and terms (CAT) standard, namely: • A maximum charge of 1 per cent of the fund per annum, calculated on a daily basis of 1/365th per day • The minimum contribution cannot be set at a level above £20. This applies to regular and single contributions. There is no minimum frequency or payment termHow will stakeholder affect employers?Organisations with fewer than five employees will not have to provide access to a stakeholder pension. This situation will be reviewed after three years. Those with five or more employees will need to provide access to a stakeholder pension scheme from October 2001. Those with an existing pension scheme may be exempt. At present there is no requirement for employers to pay contributions to a designated stakeholder plan.Firms needing to offer access to a stakeholder pension, must:• Designate a stakeholder provider• Provide information to employees• Offer a payroll deduction facility for employee contributions• Enable staff to join the scheme within three months of joining the organisation• Offer a default investment choice so that staff do not have to consider investment options for their stakeholder paymentsKey dates6 April 2001 Employee stakeholder pensions are introduced.8 October 2001 Firms with five or more “relevant” employees must offer access to a stakeholder compliant pension scheme.PenaltiesThose firms with five or more “relevant” employees that do not offer stakeholder pensions will be liable to fines of up to £50,000. Individuals (such as trustees) will be liable for fines up to £5,000 each. The Occupational Pensions Regulatory Authority (OPRA) has powers under section 10 of the Pensions Act 1995 to fine employers for breaches of rules relating to occupational pensions. These powers were extended to stakeholder pensions under section 3 of the Welfare Reform and Pensions Act 1999.Why is the Government launching stakeholder pensions?People are living longer and tending to retire earlier, plus the older population is increasing faster than the young. By around 2040, there are likely to be just two people in work for every one pensioner – (currently the ratio is approximately 4:1) making it important for everyone to start saving for their retirement as early as possible. What exemptions are available?Employers running an occupation pension scheme This provides an exemption as long as all employees can join within 12 months of starting at the firm. Membership does not have to be extended to employees under 18 years of age, or those within five years of the normal pension age.Employers running a group personal pension plan They may be exempt from establishing a stakeholder scheme, as long as:• The firm contributes at least 3 per cent of employees’ basic pay • There are no “exit charges” or penalties under the plan• Employees must be able to join the scheme within three months of joining the organisationEmployers with group personal pension plans should also note:• Staff under 18 years of age are excluded• If the existing plan has matching employer/employee contributions of more than 3 per cent, the plan can continue and should be exempt• The 3 per cent employer contribution can be conditional on employees making a matching contribution of up to 3 per cent. The situation for group personal pensions will be reviewed after three yearsIs stakeholder my only option? No. Any time before 8 October 2001 you can opt to set up a pension scheme which suits you and your business. You won’t have to provide a stakeholder pension as long as all relevant employees are given access to a pension which conforms to the stakeholder criteria detailed above.Why should I have a pension scheme for employees?Apart from it being a legal obligation from 8 October 2001, it will bring benefits to the firm:• In an increasingly competitive employment market, a comprehensive benefits package, including a good pension scheme, is important • It can help attract quality staff, and over the long-term a pension scheme can encourage existing employees to stay• A pension is one of the most tax efficient ways of investing – for both you and your employees• Your contributions to employees’ pensions are treated as a business expense• Corporation tax relief is usually granted in the year contributions are paid, at the highest rate payable by your business. This can reduce the potential amount of taxable profits earned by your business• Contributions paid by employees also receive tax relief at the highest rate of tax they pay, thereby reducing their personal tax liability• Very little tax is paid on the actual growth in value of pension contributions, allowing more of the growth to remain in the pension• Under stakeholder only a very small amount goes to administering an employees’ pension arrangementAdditionally, stakeholder is beneficial to employees as:• They can stop and start contributions as they wish• If they are unhappy with a stakeholder provider they can transfer to another provider without incurring financial loss or additional chargesSetting up a pension scheme sounds like a lot of work. Is it?• It doesn’t have to be. An on-line link can be established connecting a business with pension providers which can simplify administration for the firm and ensure all stakeholder requirements are met. These links can be accommodated in the 1 per cent charging structure• Using a payroll system, be it a simple spreadsheet or a top notch software package, a firm can provide the necessary information about employees to the pension company. More accurate data, means fewer queries, faster processing and lower costs• Employees can also get on-line access to their personal pension data, thereby minimising pension enquiries to employers• It is likely the Internet and e-commerce will play a growing role in pension provision under stakeholderStakeholder is not available until April 2001. Why do I need to think about it now? • Use this time to research how you can be stakeholder compliant • Allow three months to audit your existing pension arrangements to find out if they are stakeholder compliant and make necessary adjustments• Allow another three months to select a stakeholder provider if necessary• Allow an additional six months to implement changes to internal systems, for example, to payroll so that staff contributions can be made to the designated scheme• People will hear much about stakeholder as the Government wants to raise public awareness about pensions. Employees, trade unions and other trade bodies may ask about your plans• An independent financial adviser could help in choosing the right type of pension scheme for your employees and the businessFinally • Employers have a key role to play in stakeholder pensions • A pension for your employees will no longer be an optional extra • The requirement for employers to choose and offer their employees access to a stakeholder scheme will become law and this will be closely regulated • Doing nothing is not an optionTim Sargisson is the sales and marketing director for the Smith & Williamson interactive pensions exchange Swipe, the on-line pension solution developed by Smith & Williamson. Tel: 020-7637 5377, [email protected] Related posts:No related photos.last_img read more


first_imgHOBART, Australia, CMC – Barbadian fast bowling sensation Jofra Archer starred yet again as he helped power Hobart Hurricanes to a six-wicket win over Dwayne Bravo’s Melbourne Stars in the Australian Big Bash on Monday, Christmas Eve.The 23-year-old, currently eyeing selection for England’s World Cup campaign, snatched three wickets which restricted Stars to 155 for five off their 20 overs at Bellerive Oval.Sent in, Stars were set back early when Archer removed both openers inside the first six overs, with Travis Dean (11) and Ben Dunk (10) both departing cheaply with 32 on the board.Captain Glenn Maxwell then stroked 47 from 31 balls with five sixes, reviving the innings in an 87-run, third wicket stand with Nick Larkin whose 45 required 33 deliveries.When both fell in successive overs to leave the Stars on 123 for four in the 16th over, Marcus Stoinis chipped in with a 15-ball unbeaten 22 to keep the innings going.However, there was no such enterprise from Bravo who labored for a run-a-ball 12 before holing out to square on the leg-side.Archer finished with three for 25 from his four overs.In reply, captain Matthew Wade hit 52 off 37 balls, putting on 55 for the first wicket with D’Arcy Short who made 34.Ben McDermott (28) and George Bailey (27) added 52 for the third wicket to keep Hobart on course for victory.Bravo’s first over leaked 20 runs and overall conceded 38 runs from three overs.last_img read more


first_img:10 Wait…Wait…Wait… Just wait a minute, wait a minute man. Will you please just hold on a minute and let me get this straight! I’m trying to get a real good understanding here. You mean to tell me that General David Petraeus, the same guy that won the wars in the Middle East…the same guy that’s the head of the CIA…that guy was busted having an affair with another woman. WILL—YOU—PLEASE—TELL—ME—HOW—THE —HEAD—OF—THE—CIA—CAN’T– KEEP—HIS—AFFAIR—A—SECRET!?!? The CIA is in the keep a secret business. I mean, that’s what they do. No wonder we can’t rule the world. C’mon man! BILL NEAL :09 President Obama…“You shook up the world again.” …You’re a bad man! Now, rumble young man rumble.:08 Alright, alright, here is some sports stuff (you know, some of you can get on a brother’s nerves…I know, it’s a sports column!) At The Buzzer hhheeerrreee we go!•Pitt football team you take undefeated Notre Dame to the wire in a game you should have won by ten and then you go up to Connecticut and lose to one of the worst teams in the nation…I got nothing!•The real Steelers beat the real Giants. They will beat the Ravens twice and win the division. Take it to the bank.•By now you’ve heard that famed boxing coach and commentator Emmanuel Steward died at the too young age of 68. A tragic loss to be sure.•And yet Penn State rolls on!•Hey “Bama”, what you gonna do now?•No hockey…no worries mun.•The Pirates end the season the same as the last twenty and the owner says there will be no changes in the front office…ok?•The Pittsburgh Bullits, pro-basketball team, kicked off their season. Check them out when you get the chance. Call the Homewood YMCA for info.:07 Oh, don’t worry, I didn’t forget. Here it is. I told the fellas at the gym Thursday night Mike Brown had to go. Friday morning, he was gone.:06 City League football got through it and basketball season is here. Keep supporting City League athletics. The best is yet to come and our kids need us more now than ever.:05 Speaking of City League sports…and I was, mark your calendar right now and tell all your senior high school basketball players, both boys and girls, the Champions High School All-Star Basketball Classic will return big time Saturday, April 6 and will showcase the best players in western Pa. This year’s program will also feature the presentation of the Warren Wilson Jr. High School/ college prep program to get high school players ready for the next level. Stay tuned for more information.:04 Emmanuel Sanders, Steelers wide receiver, got hit with a $15,000 fine for faking an injury in the Giants game and the Steelers got tagged with a $35,000 fine of their own. Hey guys, money well spent!:03 Movie Review Time. You love it, yes you do…yes, you do. If you’ve forgotten why Denzel is the man, just go see Flight and it will all come back to you. I give it three basketballs and do yourself a favor and punch up American Gangster and Hurricane when you get a minute and re-enjoy the other two movies he should have won an Oscar for.:02 Ok, let me get this straight. I am busy trying to get Obama re-elected, Hurricane Sandy hits like a ton, we gotta get the Steelers in and out of New York, and my Lakers are 0 for 4 out the gate (including 8 straight pre-season losses) and Vince Neal and his retired Band of Gypsies over at some breakfast joint want to correct me on when his party was! (Band of Gypsies…Jimi Hendrix 1970). Hey Vinnie, you and the boys got too much old man time on your hands. What you really need to be worrying about is how you get your No. 1 party position back. And don’t be hatin’ the two top seeds now… remember, jealousy is one of the seven sins. Yep, you guessed it…c’mon man!:01 Coming At Ya!•On Nov. 24, Champion Enterprises will host the 37th Annual Rev. Duane A. Darkins Memorial Senior Citizen Thanksgiving Dinner. If you want to help, call The Champions at 412-628-4856.•The Pittsburgh United Rays Corvette Club will host their annual holiday party Dec. 1, at 3 Lakes Golf Club from 9 p.m. until ? For information, call 412-287-8610 or 412-559-8432.•The 37th Annual Willie Stargell Pittsburgh MVP Awards Banquet coming up Dec. 9 at 3 Lakes Golf Club, 6-10 p.m., honoring Michael Moore, former World Heavyweight Boxing Champion, Pittsburgh Steeler Wes Lyons and featuring national vocalist Yolanda Barber in concert. For information, call 412-628-4856.•Toys for Champions Christmas Party and Toy Giveaway, Dec. 22 at the Penn Avenue Wilkinsburg McDonald’s, 12-6 p.m. Children must be present.•Five Starr Corp. holiday “Red Par-Tay,” Dec. 2, Old School Par-Tay Style. Stay tuned.~ GAME OVER ~last_img read more


first_imgShare Facebook Twitter Google + LinkedIn Pinterest The Ohio Beef Expo is celebrating its 30th anniversary and the incredible success of the event March 17 to 19 at the Ohio Expo Center in Columbus.The Ohio Beef Expo is coordinated by the Ohio Cattlemen’s Association (OCA) and includes a kickoff social, breed sales, shows and displays, an educational seminar, and a highly competitive junior show. The breed cattle sales will be Saturday, March 18 in the Voinovich building, starting at 10:00 a.m. Prior to the first lot selling, “A Tribute to 30 years of the Ohio Beef Expo” will take place in Sale Ring 2 with Angus, Hereford, Maine-Anjou, Shorthorn and Simmental cattle selling afterward.“It is an exciting year and we are looking forward to some changes we are making,” said Pam Haley, Beef Expo co-chair. “We are going to have an opening ceremony on Saturday morning at 9:30 in Sale Ring 2 right before the Hereford Sale. We’re inviting some dignitaries and friends of our industry and show them what we are doing at this event.”The youth day events, including the judging contest and Beef Quality Assurance (BQA) sessions, will move to a new day and be held on Friday, March 17.“We’ve moved our judging contest from Saturday to Friday to try and bring in more FFA students and allow them to use their school time instead of bringing their coaches in on Saturday,” Haley said. “We’re going to move that over to the Denny Hale Arena outside of the hog barn for the State Fair. We can access our breed cattle a little more to give the kids more variety of animals to judge. We have a new judging team coach at OSU, Hank LeVan, and he is ironing out the details.”The trade show has become a perennially popular attraction and is as big as ever.“Our trade show is sold out. It is one of our big draws and we have a waiting list for that and it is a second-to-none type of event. We have unbelievable breed sales and shows and we have the biggest junior show in the state of Ohio that happens on Sunday,” Haley said. “We are changing a couple of things to make it a little more user-friendly and we are always trying to make things a little better.”OCA members and Expo exhibitors are invited to attend The Social, sponsored by Merial, on Thursday evening, March 16, at the Expo headquarters hotel, Crowne Plaza North. The kickoff event will auction items for OCA’s PAC fund such as a one-of-a-kind copper kettle donated by the Crawford County Cattlemen’s Association. Other items to sell in a live auction at The Social are the original painting commemorating the 30th Ohio Beef Expo Anniversary by C.J. Brown. Proceeds from the original painting will go toward a scholarship fund to be awarded to applicants through the Ohio Cattlemen’s Foundation. 30th Ohio Beef Expo prints will be available for Expo attendees to purchase in C.J. Brown Studio’s booth in the trade show, as well as the OCA membership booth. Proceeds from each print sold will also benefit the scholarship fund.Friday, March 17 will mark the official start of the Expo with registration for the judging contest now taking place in the Voinovich building’s upper mezzanine. Contest participants will meet at 8:00 a.m. for registration. The breed shows and parades will begin at 8:30 a.m. in the Evans Cattle Company Arena (Cooper) and O’Neill buildings. At 10:00 a.m. cattlemen can attend an educational seminar “Top 6 Ways to be Successful and Profitable with Cattle in Ohio.” All cattlemen are invited to attend the session sponsored by United Producers, Inc. At noon youth are invited to attend a fitting demonstration in the Voinovich building. The online feeder cattle sale will be held on Friday at 1:30 p.m. As the sale takes place, judging contest awards will be presented at 2:30 p.m. and then youth can attend a BQA session at 3:30 p.m. before heading to the junior show welcome party at 5:30 p.m. and hearing from representatives with Weaver Leather Livestock for a cattle care demonstration. Expo attendees can also visit the trade show with over 125 vendors from 18 states that offer products and services beneficial to all cattlemen.Breed sale catalogs will be posted online at www.ohiobeefexpo.com as they become available. The junior showmanship competition will begin at noon on Saturday with over 400 participants competing for top honors in their respective divisions.On Sunday, March 19 junior exhibitors will begin showing at 8:00 a.m. in the Evans Cattle Company Arena (Cooper). New this year, OCA will be offering 10 $50 coupons to be used on Sunday only with any vendor in the trade show. Coupons will be awarded to individuals that share an OCA Facebook post promoting the three-day trade show set to launch on March 1.Download the Ohio Beef Expo app. Available for both iPhones and Androids, the Ohio Beef Expo app provides a complete list of trade show exhibitors, breed shows, seedstock sales, junior shows and educational events. The app also allows users to search for activities, view schedules, download sale catalogs and receive exclusive mobile alerts.More than 30,000 visitors from 25 states and Canada routinely attend the Ohio Beef Expo. It is ranked as one of the top five largest events in central Ohio and is the premier location to meet Ohio’s cattle producers. Visit www.ohiobeefexpo.com for more information.last_img read more


first_imgFort Campbell, the Army base on the Kentucky-Tennessee border that is home to the 101st Airborne Division, is now touting itself as the first U.S. military installation to include a net-zero-energy multifamily building among its residential projects.Groundbreaking for the duplex, which is part of a housing build-out underway in the installation’s 521-unit Woodlands neighborhood, was held this week by Fort Campbell Family Housing, which manages residential services on the base, and its development partner, Nashville-based Actus Lend Lease.The duplex includes renewables such as a ground-source heat pump, a PV array, and solar hot water. On its website, FCFH says Actus will track the performance and fine tune the duplex, which will be occupied by noncommissioned officers and their families, to develop a “lessons learned” strategy for other military housing projects.Among the variables the FCHC and Actus will be measuring is “how small changes in lifestyle can affect energy efficiency,” Joe Sharp, project manager for FCFH, told the Leaf-Chronicle, which serves the Clarksville, Tennessee, and Fort Campbell markets. Fort Campbell Garrison Commander Col. Perry Clark added that military budget strictures have made top priorities out of energy efficiency projects such as the NZE duplex.We’ve asked FCFH for further details on materials, construction techniques, and other aspects of the project, and will include them here when we hear back.last_img read more


first_imgThe Internet of Things (IoT) is growing at an unprecedented rate and can help businesses deliver new opportunities and be successful in the long run. The promise of a vibrant future that IoT holds can be deciphered from the following facts:7 billion active IoT devices on a global level (IoT Analytics report)The number of IoT devices that are active is expected to grow to 10 billion by 2020 and 22 billion by 2025. (IoT Analytics report)By the end of 2021, the internet of things and is expected to be worth 520 billion U.S. dollars. (Statista)Certain innovative IoT trends are already giving businesses the opportunity to digitally innovate itself. The Internet of Things has a lot to offer to help businesses gain the edge over competitors. If you’re a business wanting to leverage IoT to the core, you must know about everything that a Modern IoT platform should have in 2019.Artificial Intelligence should be incorporated within IoT.As mentioned above, the Internet of Things has grown enormously over the past few years. There are over 17 billion connected devices worldwide. The majority of them work on a single small processor along with a tiny portion of memory. In short, IoT has already become omnipresent.The Internet of Things can be further empowered by incorporating advanced artificial intelligence into it.This, in turn, would facilitate IoT to build excellent opportunities for data analysis and interpretation. For instance, with artificial intelligence (AI) incorporated IoT, a self-driving car would not only safely drop a person, but also leverage the transit data to give accurate traffic pattern prediction. As a result, it would help in the construction of more efficient infrastructure and roads in the future.A manufacturing example would be that of a factory that makes use of IoT-connected assembly lines.It would assist them in reducing the rate of manufacturing errors in the fabrication process. All in all, putting artificial intelligence and machine learning into IoT devices has enormous potential benefits. Big brand names such as Amazon, Google, Microsoft, IBM, etc. are already making extensive use of AI in their IoT devices and extracting the best out of it.The implementation of AI in the IoT space with self-driving cars has made heads turn.Tesla, for example, has introduced machine learning-based self-driving cars with limited autopilot capabilities. What works here is skilled programming that enables the makings of a self-driving car, which understands the rules of the road and manages all obstacles efficiently.However, there are certain shortcomings. The most significant issue being the inability of programmers to program for every possible variable that happens when other drivers are presented into the mix. A Tesla car gathers real-time data from other Tesla cars present on the road, thus making the presence of any new variable seamlessly easy to learn and share with other connected vehicles – helping secure autopilot mode for Tesla drivers.There should be a rise in industrial IoT & digital twin technology.Industrial IoT enhances the efficiency and productivity of business through extensive data analysis and integration. In fact, including industrial IoT within the IoT framework add to its growth at an exponential rate. Moreover, the manufacturing industry can also leverage the most out of it. It doesn’t only make the manufacturing sector effective but also reduces its risk factors while enhancing its profitability.Another critical aspect that a modern IoT platform must have is the use of digital twin technology.  According to a survey by Gartner, within 3-5 years, billions of things will see its representation through digital twins.Digital twins is a powerful software that works as a virtual model for a particular product, process or service.Incorporating it with IoT will reduce the gap between the physical and virtual world.Further, it would allow a thorough analysis of data while monitoring the systems. Monitoring, in turn, would subside the problem even before its occurrence. Monitoring controls would also prevent downtime, provide new opportunities and facilitate future planning through simulation.These three benefits of preventing downtime, providing new opportunities, and driving future planning with simulation make this VR world highly imperative for businesses to adopt the amalgamation of digital twins and IoT. Moreover, being amidst Gartner’s Top 10 Strategic Technology Trends, digital twins technology is here to stay. Hence, businesses who do not incorporate this strategy will lose out to competition big time.Incorporation of General Data Protection Regulation (GDPR)IoT devices collect a lot of data.So, it becomes critical to incorporate IoT related security standards. It can be done by implying the General Data Protection Regulation into it. GDPR works as a regulation for the handling of personal and sensitive data. Therefore, businesses which want to run successfully should keep this aspect in mind when using any IoT technology. To put it in other words, a transparent and clear disclosure regarding the collected data can do the needful.The IoT developers should take care of a standard level of compliance and security at various levels.These levels include data encryption, different means of verification, active consent, etc. In short, the main aim of the IoT devices or any software used by businesses should be a legitimate collection of data. It should be done in a way that makes its accessibility, processing as well as storage to a minimum.Remember, if the intention behind the collection of customer data and the way it is collected is made clear — it will boost the confidence of customers in your business and give you an edge over competitors.The use of cloud IoT solutionsThe popularity of cloud solutions for IoT is on an all-time high.Amazon’s AWS and Microsoft’s Azure cloud services were found to be the top choices for cloud development of IoT products at the 2018 IoT Developer survey. These two giants have the marketing capabilities, infrastructure, and accessibility needed for the immediate release of any new IoT device.Microsoft’s Azure IoT central platform which was released in 2018, facilitates safer communication amidst devices and the cloud.It basically works as a software plug and play solution which connects IoT firmware to the cloud. Therefore, including Cloud Solutions within your IoT device can work wonders for your business, and investing in it can help a company extract its potential to the fullest.Achieving momentum with edge computing.Edge computing works as a distributed and open IT infrastructure. It processes the data near the edge of the network where the data generation is taking place. It doesn’t rely on a centralized data-processing warehouse. Instead, it focuses on decentralized processing power and enables mobile computing and the Internet of Things technologies.The edge computing facilitates the processing of data by the device itself.It doesn’t work on the data transmitted through a data center, making it critical for the proper functioning of IoT devices. You should remember that cloud computing isn’t always an option. There are situations where constant connectivity isn’t possible. When a continuous connectivity isn’t possible — then edge computing can come in handy. Because, it has the potential to process, analyze and execute data even when away from full network coverage.Microsoft, Google, Amazon, etc. are making significant use of edge computing.It doesn’t only work as a great computing substitute for cloud technology but can also bring it anywhere securely and safely. Therefore, if you wish to achieve momentum through your IoT strategy, incorporating edge computing can do wonders for your business in 2019.The same tech is used with Amazon’s AWS IoT Green grass service.It makes use of edge devices and gives developers the power of using Lambda functions. The Lambda function, in turn, allows developers to make use of machine learning while calculating tasks within IoT devices. So, it is quite clear that edge computing has a lot to offer to IoT devices and should undoubtedly be an integral part of any modern IoT platform.Including 5G standards.Source: FreepikIncorporating 5G standards within IoT devices increases its potential to a significant level.Besides reducing the latency, it enhances the reliability of mobile communication with embedded devices. With reduced latency, the connected IoT devices will facilitate sending and receiving the data in a faster way. It would further allow seamless analysis and management of data.An application or service that requires rapid and instant computing within a brief period can extract huge benefits from this impeccable technology.Look at the strides being made in the transportation sector to logistics and infrastructure, and every industry can leverage 5G standards and pave new avenues of success. Therefore, if you possess a concrete business plan at hand, you should consider deploying this high-end technology within your modern IoT platform.Using LPWAN for IoT sensorLPWAN or Low-Power Wide-Area Network can increase the potential of IoT enabled devices.The LPWAN works with ease for any small device that requires high operating lifespan situated in remote locations. Tiny sensors that have the ability to function with a low transmission rate of LPWAN can successfully integrate itself with LPWAN connectivity. With devices connected through LPWAN predicted to reach more than a billion in 2023, the importance of incorporating IoT into your business becomes all the more imperative.Making use of Voice-enabled Internet of ThingsSource: FreepikVoice-enabled assistants have shown tremendous growth in recent years.Apart from the smart home automation market, it is also expanding its wings in the industrial sector. It does not only utilize the hands-free control and rapidly tracks the processes but, likewise, lowers the costs of maintenance and management. The careful management, in turn, provides businesses with an opportunity to include easy-to-use communication method between end users and their respective devices.Take a look at the growth in the voice assisted devices. Where are these devices doing the most good for businesses?With the use of voice assistants predicted to grow 1000%, reaching a whopping 275 million devices by 2023, it surely is a dominating factor in shaping the way a business operates and functions. From Alexa to Google Home, these voice-enabled IoT products are working as a driving force and helping businesses be successful – one IoT strategy at a time.Involving innovation to complex IoT solutionsIncorporating IoT with other tech innovations can facilitate the working of various technologies together. As a result, it can help businesses achieve specific goals seamlessly. Take a look at a few innovative technologies that are helping IoT become more high-end and top notch.1. BlockchainBlockchain facilitates the protection of data from potentially unsafe devices. It works as a digital ledger for saved information and distributes the data throughout the plethora of devices connected with the chain. As a result, it makes it impossible to make any accidental or malicious changes to the data.Incorporating Blockchain within IoT devices will thereby, make any business more reliable and secure.Blockchain is the reason many of the IoT devices are already including Blockchain within it. In fact, 20% of IoT devices are having some sort of Blockchain service incorporated into its data collection method. So, it wouldn’t be wrong to say that Blockchain has found its widespread use in IoT devices.2. WebRTCKnown as Web Real-Time Communication, WebRTC is an open source project that facilitates the deployment of two-sided communications between IoT products. It does so through a simple browser without any requirement of specific tools or plugins. WebRTC has brought a lot of features and functions on board with lesser development time, efforts as well as auxiliary tools.Here’s an example of Amazon’s newly developed Sensor and Alexa APIs that will help make this concept clearer.It not only allows seamless communication with the end user but, also helps the users connect cameras, doorbells, and Alexa-enabled Echo devices. In conclusion, incorporating technologies like these are making IoT devices easy to function without any extensive effort.5 Industry Problems that the Internet of Things can Help Solve in 2019Just like the internet has revolutionized the way we think, feel, behave, live and work, the Internet of Things and its concept of a ‘connected world’ has made the world a much smaller, safer and smarter place. Not only that, IoT promises to deliver a much viable solution for industry problems such as Healthcare, Agriculture, Energy Conservation, Road Traffic Management, and Security Management, to name a few.1. Healthcare CrisesIoT is helping cater to medical emergencies like never before.Like never before we can now facilitate the monitoring of patient’s health status by healthcare professionals.  Assistance to cardiac emergencies through a connected medical facility has already been implemented. In an IoT enabled system, any health crisis of a patient connected to the heart monitor can automatically trigger an alarm at the nurse station, saving precious lives.2. Agricultural IssuesAlthough agricultural harvests rely heavily on natural elements and conditions, IoT can help predict these occurrences for farmers and agricultural workers, to plan and take action accordingly. Moreover, IoT-powered temperature sensor can be harnessed by agriculturists to turn on sprinklers, when the temperature reading crosses the specified limit.3. Energy ConservationWith the increasing depletion of natural resources, energy conservation with the help of the Internet of Things has created options for smart home automation. Having these functions have empowered homeowners to not only conserve energy but also monitor their daily, weekly, and monthly usage.4. Road Traffic ManagementWith cities across the world dealing with traffic congestion at peak hours, IoT can be a great enabler. Traffic regulators, ambulances, etc. can take the help of connected devices linked to IoT sim cards such as GPS devices, smartphones, cameras, traffic lights, and cars to help monitor traffic patterns and keep drivers informed of traffic situations.5. Security ManagementBusinesses have been increasingly relying on connected systems like the Internet of Things for managing the security of their workplace premises and buildings. One of the most favored being IoT sim cards that can be connected to sensors such as footprint sensors, biometric sensors, facial recognition, etc.How to Choose the Right IoT Development CompanyIt is recommended that you choose an experienced mobile app development company.Merely saying that you need an experienced mobile app development company doesn’t say it all. You have to have a companyt that has a proven expertise with IoT development and open source IoT frameworks. IoT solution mostly comprises of web software. Unity of hardware and software is the base of any IoT development, and so, it is advisable to go with a firm that is strong in web development and web security.Make sure that your chosen company tests the projects delivered by them and maintains strict deadlines.The provider you choose should be flexible enough to take the feedback constructively and execute the revisions requested.Wrapping upIncluding the strategies as mentioned above within an IoT platform is going to help businesses grow substantially. The IoT sector is undergoing a lot of changes. These are a few of the many trends that can help IoT devices take a modern approach. It is just the start of the unprecedented growth of the IoT sector in 2019.The time is not far when the use of IoT devices will become inevitable, thereby, making the world interconnected in every possible way.Therefore, it’s high time that organizations leverage the various advantages of the unique opportunities and abilities that IoT devices have to offer. It would help businesses include more features, functionality along with accelerated productivity within their IoT connected ecosystems.In conclusion, with the right goals, modern approach, high-end plans, and tools, IoT can reach new heights of success in no time. It can provide practical value to both the customers and organizations for being successful in the long run of business while having the edge over competitors. What it Takes to Build a Highly Secure FinTech … Nisarg MehtaCEO Techtic Solutions, Inc. Why IoT Apps are Eating Device Interfaces AI: How it’s Impacting Surveillance Data Storage Related Posts Tags:##internetofthings##IoTinhealthcare#IoT Follow the Puck Nisarg Mehta is the CEO & Chairman of Techtic Solutions, Inc. NYC’s award winning Mobile App Development Company. Nisarg is active in operations in his daily routine as he is one of the key decision makers in terms of technological advancements of the company. He is a friendly leader with hardworking, motivating, visionary and passionate personality. last_img read more


first_imgAs the admission process to undergraduate courses at Delhi University (DU) for the session 2014-15 is all set to begin from June 2, 2014,  it advised students to fill the actual marks obtained in their board exams and not to deduct or add marks, as per news reports.  Also, as per the admission guidelines this year, the university has notified that if a student, who has not studied a particular subject in class 12 , wants to study the subject then there would be a deduction of two per cent from the aggregate of best-four subjects.For instance, in the case of students who studied elective English, they would have an advantage of two per cent.A DU official said that the university guidelines require students to fill in the actual marks obtained and leave it to colleges to deduct or add marks. Besides, the university informed students to fill in the names of all five subjects they have studied in the optical mark recognition (OMR) forms.Students who have cleared their class 12 board exams and are interested in pursuing UG programmes from the university can obtain the registration forms from the dedicated registration centers till June 16, 2014.There are 77 colleges under the varsity of Delhi University. These colleges will bring out five cut-off lists for the general category and the first list will be out on June 24, the day admissions begin.Candidates can apply for admissions to undergraduate programmes both online and offline. With the introduction of centralised admission process, there will be no sale of forms in individual colleges, except for those candidates applying under sports and extracurricular activities categories.last_img read more


first_imgTORONTO – The Greater Toronto Area real estate market closed out 2017 with a big drop in December home sales, which were down 7.1 per cent from the previous year and down nearly 33 per cent from November’s level.The Toronto Real Estate Board said Thursday there were 92,394 sales through its MLS system in 2017, down from 113,040 in the previous year and the lowest annual sales since 2013 when 87,049 units were sold.December sales dropped to 4,930 properties, from 5,305 in December 2016, while the average sales price was $735,021 — the second-lowest of any month in 2017 and only slightly better than August’s $731,606.Various real estate experts have said previously that a set of policies introduced by the Ontario government in April produced the desired market slowdown in Toronto during the second and third quarters following a hot first quarter.Some observers have suggested that buyers and lenders might be more cautious given new federal stress-testing rules, which came into force Jan. 1, and opt for lower-priced properties.“Much of the sales volatility in 2017 was brought about by government policy decisions,” TREB president Tim Syrianos said in a statement.“Looking forward, government policy could continue to influence consumer behaviour in 2018, as changes to federal mortgage lending guidelines come into effect.”The average selling price for December in the GTA was $735,021, up a slim 0.7 per cent from the same month of 2016, while the board’s home price index was up 7.2 per cent after adjusting for different types of properties.The Toronto board’s director of market analysis, Jason Mercer, said home price growth in the second half of 2017 differed substantially depending on market segment.“The detached market segment — the most expensive on average — experienced the slowest pace of growth as many buyers looked to less expensive options,” Mercer said.“Conversely, the condominium apartment segment experienced double-digit growth, as condos accounted for a growing share of transactions.”In December, only the expensive detached house category — which accounted for 39 per cent of total sales — showed a year-over-year decline.There were 1,938 fully detached houses sold at an average price of $989,970 — which was down 2.5 per cent from a year earlier.Condominiums accounted for the second-biggest category of sales, with 1,562 units sold, but their average price of $503,968 was up 14.4 per cent from December 2016.last_img read more


first_imgBordeaux- Very few Moroccans give time or money to charity, placing the Kingdom at the bottom of a ranking analyzing volunteer actions in 20 countries.On the occasion of the 8th National Forum of Associations and Foundations which was held in Paris on October 24th, Deloitte consulting group published a report on the implication of citizens in charities. It provides a comparative analysis of associative structures worldwide and provides information on how Morocco can become better by importing the best practices from abroad.According to report, which is based on a study comparative study conducted in 20 countries, public funds account for 37% of Moroccan associations’ budget, while the private share is 37% and 26% comes from grants and donations. Unlike the 52% of Norwegians who give back to their community without asking for anything in return, Moroccans are only 4% to volunteer regularly. Only India and Japan, with only 1%, are behind the Kingdom.© Morocco World News. All Rights Reserved. This material may not be published, rewritten or redistributedlast_img read more