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Siebel Systems announced that Morgan Stanley has licensed Siebel eBusiness Applications for use by its Investment Banking Division. With the implementation of Siebel eBusiness Applications, Morgan Stanley bankers may view and share information about their corporate clients with team members across departments and around the globe. This real-time view will facilitate greater collaboration and management of complex institutional relationships.
Xiam launched new versions of its flagship product, the Xiam Information Router. Version 2 of the Xiam Information Router features a number of enhancements, such as increased flexibility and enhanced access control features. The Xiam Information Router solution has been adopted by a number of mobile operators and large organisations worldwide, allowing them to access and update information held on their corporate networks. The software enables enterprises to route business critical information held on a wide variety of corporate servers seamlessly and securely to their mobile users by SMS and WAP.
Trintech Group announced Reitmans (Canada) Limited selected the Trintech ReconNet solution for reconciliation and daily depository verification. ReconNET automates reconciliation requirements for debit cards, credit cards, cash deposits and disbursements, as well as providing research and resolution tools for outstanding issues.
Gaming Internet Plc, the digital media rights and interactive gambling products business, announced that its joint venture partner, Harrods Online Limited, has signed a two year marketing agreement with MSN.co.uk for an on-line casino. The Harrods Casino will be the first on-line casino and gaming product on MSN's UK portal and will be available to MSN's Web site users from mid June.
Psion has formed a new company called Signa Services. Signa provides comprehensive Wireless Local Area Network (WLAN) specification, installation and management services on a global basis. Signa draws on Psion Teklogix's market-leading technology and expertise in wireless networking to offer corporate customers and system integration partners tailored hardware-neutral, WLAN solutions.
Siebel Systems announced the availability of Siebel Sales Handheld on the Microsoft-powered Pocket PC for the Compaq iPAQ Pocket PC. This combination extends Siebel eBusiness Applications to the point of customer contact, allowing mobile sales professionals to access vital sales, marketing, and service information anytime, anywhere.
According to the Gartner Group, on average, only 0.4 percent of a company's revenue is dedicated to information security in the United States. By 2011, however, that figure will increase by 10 times to four percent of revenue for US companies, according to Gartner's Total Cost of Ownership Model for Information Security. Gartner invented the business concept and practice of total cost of ownership, and it is now a technology industry standard. Gartner total cost of ownership models map the dozens, and sometimes hundreds, of components that comprise the cost of purchasing, owning and operating technology over the course of several years or over the life of the technologies themselves. Information security expenditures include costs for people, hardware, software, external services and physical security for all information security activities within an enterprise. According to the Gartner, by 2004, 80 percent of enterprises will be using the Internet as an integral part of their business processes. Half will experience a financially significant loss due to Internet-borne incidents by that time.
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