Floods
in Thailand that hit in mid-October have had a serious effect
on the supply of hard drives across the globe. Western
Digital (one of the largest hard drive distributors in the world)
announced their December revenues will be at least 60% lower than a
year ago, due to their concentration of supply chain factories in
flooded areas. The flooded areas are estimated to be
responsible for nearly 70% of the world’s demand for hard
drives.
Even for companies who don’t make their hard drives in...
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Summary of Responsibilities:
Under the general direction of the Manager of Client Network
Engineering, helps clients achieve optimum use of their computer
networks by performing needs analysis, procurement support,
installation, training and problem resolution for the local and
wide area networks. Responsible for configuration, operation,
and administration of network server hardware, operating systems
and communications links. Defines and implements solutions to
integrate desktop and shared...
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The buzz of cloud computing seems to have hit a fevered pitch in
industry magazines, trade publications, and the mainstream media
recently. It seems like every day our Technology
Services Group is being asked by clients what the "cloud" is,
or to suggest cloud-based solutions for applications or services
that were (or are) typically on a server in their
offices.
Is your business thinking about making the switch to cloud
computing? If so, we've put together a quick list of things
you need to...
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A few months ago, we discussed the
proposed amendments to Rule 26 of the Federal Rules of Civil
Procedure that would shield draft expert reports from
discovery. These amendments were approved and became
effective for all cases filed in Federal Court beginning December
1, 2010. The impact of these changes, however, runs deeper
than just protecting draft expert reports from discovery. A
number of other factors to consider in connection with the recent
amendments to Rule 26 include:
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CLEVELAND
- ABC’s Emmy-award winning show, Extreme Makeover: Home
Edition (EMHE), recently chose Cleveland-based, business
advisory firm, Skoda
Minotti to provide technology support at the site of its most
recently aired home-building project for the
Anderson family. In the episode, which aired on Sunday,
December 5, 2010, Skoda Minotti’s Technology Services Group, along
with EMHE crew members and over 1,500 local volunteers, worked
around-the-clock for one week to demolish, design and rebuild a...
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Click
here to view Part 1 of our series and learn more about the
stock option landscape or Part 2 to learn more about the
accounting and tax ramifications of issuing stock
options.
What To Do?
As
discussed above, there are significant risks that a company brings
upon itself if it decides to issue stock options without properly
valuing the options and the equity of the company. Rather than
issuing stock options, if a company wants to offer an employee the
opportunity to obtain an ownership...
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Accounting and Tax
Ramifications of Issuing Stock Options
Click
here to view Part 1 of our series and learn more about the
stock option landscape.
To give
you more perspective, first let us review the accounting treatment
for the issuance of stock options (rest easy - this will not be too
painful). When stock options are issued, an expense must be
recorded based on the value of the option. A stock option’s
value is derived from a variety of factors, two of which are the
value of the stock as of...
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When
selling your home, it is common to use an agent to list, promote
and show the property. In exchange, you pay a portion of the
sales price as a commission to the agent. The benefits of
using an agent include: 1) the listing of your home in a database
so that homebuyers can access information about it; 2) the agent
acting as your middleman during the negotiation process; and 3) the
incentive it gives the agent to sell your home quickly (so that her
or she can earn their commission).
Some
peop...
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Welcome to the first edition of the Skoda Minotti IT
E-Newsletter. At Skoda Minotti, we strive to be a resource for our
clients and contacts. With that in mind, this
monthly newsletter is our attempt to keep you up-to-date on
what is going on in the the tech-world around us.
Each month, we will highlight a few important articles that we
think you should read. Also, we'll give you a case study, or a
client success story, from some of the work we've done.
If you have any questions or suggestions,...
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When
you read something that says you should secure your network, most
business people assume their IT people are taking care of
this. How can you be sure? Answer – you trust them.
Great, but what if they aren’t staying current with technology and
are using old techniques…
You may
trust them, and they may be doing what they know how to do, but you
still have vulnerabilities. In a recent article in InformationWeek magazine – Greg Shipley,
Tyler Allison, and Tom Wabiszczewicz write about five...
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A logo is a vital identifier that
customers/prospects use to associate an organization with its
products or services. The professionalism and attractiveness of a
logo will immediately create a perception for the
customers/prospects regarding a company’s level of integrity,
product quality, player status and overall brand identity. These
perceptions, right or wrong, are the factors that many customers
use to measure a product or service before making a choice. A
“hokey” logo can cheapen the...
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