Archive for December, 2015

Sixth report from the Basel Committee on Banking Supervision

December 12th, 2015

A report to G20 Leaders on implementation of the Basel III regulatory reforms continues to promote a resilient financial system maintaining public confidence.
This is the sixth report from the Basel Committee on Banking Supervision to update G20 Leaders on
progress in implementing the Basel III regulatory reforms by the 27 Basel Committee member jurisdictions.
1 It summarises the outcomes from the Committee’s Regulatory Consistency Assessment Programme (RCAP), which comprises three parts:
(i) monitoring the progress in adopting Basel III
standards;
(ii) assessing the consistency of national or regional banking regulations with the Basel III standards;
(iii) analysing the prudential outcomes that are produced by those regulations.The current report updates G20 Leaders on progress in the implementation of the Basel III regulatory reforms since the last report November 2014.

Within the report Basel III standards include banks’ progress in bolstering their capital and liquidity positions. It was also is accompanied by a separate report from the Committee to G20 Leaders on finalizing the post-crisis reforms.

The report summarises the steps taken by Basel Committee member jurisdictions to adopt the Basel III standards, banks’ progress in bolstering their capital and liquidity positions, the consistency of implementation in jurisdictions assessed since the Committee’s last report and the Committee’s implementation work plan. It is accompanied by a separate report from the Committee to G20 Leaders on finalising the post-crisis reforms.

The only regional assessment was for Saudi Arabia’s implementation of the Basel risk-based capital framework which was found to be closely aligned with the Basel III standards. All 14 assessed components were found to be “compliant”, and the overall
framework of Saudi Arabian capital regulation was graded “compliant”.

Saudi Arabia’s overall implementation of the LCR standard was graded “largely compliant”. Of the two assessed components, implementation of the LCR disclosure requirements was found to be “compliant”. Implementation of the LCR was found to be “largely compliant”, due to one material finding with respect to the definition of HQLA.

Management Reporter 2012 CU14 RTM (version 2.12.14001.45)

December 10th, 2015

Management Reporter 2012 CU14 RTM (version 2.12.14001.45) is released.
CU14 contains the following functional enhancements:
• Report Options for Web Viewer (DDM only): Change Period and re-generate report from Web Viewer
• Keyboard accessibility for Drill to Dynamics
• Microsoft Dynamics AX 2012 enhancements for budget submodels with multiple parents
• Microsoft Dynamics AX 2012 Budget Control enhancements including new attributes
• Many fixes for exporting to XPS
• Additional fixes for product defects
NOTE: Microsoft Dynamics AX 2012 customers will have their data mart automatically reset upon upgrade to re-integrate data to support several of the new features.

**With the Keyboard accessibility enhancement, users now see an option appear when drilling into an amount at the account detail level:
• Users will see this dialog anytime they drill into an FD column amount and are at the account detail level
• For users who prefer to repeatedly drill into report transaction level within Management Reporter, they can click on the DESC or ACCT columns to automatically drill down without being prompted
• If the report detail level does not include transaction detail level, drilling from the account detail level will not prompt and will automatically attempt to Open in Microsoft Dynamics

***Issues (Bugs) fixed in Management Reporter 2012 Cumulative Update 14 (CU14) 2.12.14001.45: https://mbs.microsoft.com/files/customer/MgmtReporter/Learning/Documentation/UserGuides/ManagementReporterCU14FixList.pdf

Version History Information (CU14): Management Reporter CU14 RTM – 2.12.14000.45

If you have any question with regards to ERP versions supported by this release, please review the compatibility list here.

You can find the download for Management Reporter CU14 here: https://mbs.microsoft.com/customersource/northamerica/MR/downloads/service-packs/MROverview

Dynamics Ax new release for 2016 overview

December 8th, 2015

The term Ax 7 and the use of version numbers is dropped and in future the solution will just be Dynamics Ax
The first release on azure will be out end of Quarter 1 for new customers
Upgrade tools, and on premise versions will come later

Microsoft Dynamics AX 7: SQL Azure for Cloud Deployments

Microsoft’s cloud platform, known as Azure, allows users to build, deploy, and manage different applications across global networks. Microsoft Dynamics AX 7 will use SQL Azure for cloud deployments.

Dynamics AX will make available a single-tenant deployment model.

Unlike the multi-tenant model, which promotes file and application sharing using the same software product, in the single-tenant model, each user gets a separate instance of software, which will run on an isolated piece of infrastructure. The single-tenant model uses Azure’s infrastructure-as-a-service (IaaS), and offers each customes total control over virtual machines and network configurations.

The new Microsoft Dynamics AX deployed on SQL Azure will provide two major services: platform-as-a-service (PaaS) and database-as-a-service (DBaaS).

Although the PaaS model doesn’t allow you to control or manage the software and network servers, you’ll be able to customize the system and create new applications using the tools included in the new AX.

Use the DBaaS model, to develop and manage applications. Microsoft will manage the system and servers,

Dynamics AX will also use Microsoft’s model-driven layered architecture (MDLA), which facilitates the development of individual application objects for each company. This means that you can develop your own tables, code units, reports, etc. according to your organization’s needs.

Why SQL Azure?

Delivering a powerful combination of IaaS, PaaS, and DBaaS, SQL Azure lets users build, deploy, and manage applications any way they want. In addition, it is:
• Encouraging innovation, SQL Azure supports various frameworks, tools, and systems, including the upcoming Microsoft Dynamics AX 7. SQL Azure also guarantees above 99 percent availability along with round-the-clock service monitoring and tech support.
• With SQL Azure, you can offer a wide variety of services to customers, build new applications that work on any device, and benefit from a package that can be scaled up and down to match your demands.
•Hybrid ready – Delivering an intelligent enterprise-proven cloud solution, SQL Azure allows you to combine the functionality of your datacenter with private and public clouds. With this platform, you can expand your IT options and add new features so that your organization becomes more efficient.

SQL Azure also enables users to build new infrastructure models with the same tools and virtual machines they use on-premise. For instance use the features and tools included in Dynamics AX to develop a variety of applications for Windows, iOS, and Android devices and leverage the full power of SQL service in the cloud to get a single sign-on across popular SaaS applications, such as Office 365, SalesForce, Google Apps, DocuSign, and Dropbox.

Furthermore, SQL Azure makes possible business data monitoring and user account management.

Built on SQL Azure, Dynamics AX will require users to write less code, accelerating the application development process. Additionally, the system will simplify the generation of industry-specific solution models, which will enable the delivery of customer-specific customizations more quickly. As well, it will improve product lifecycle management, positively impacting the application ownership cost, from design, implementation and configuration to operation and upgrade.

Synergy Software Systems reviews enterprise technology trends for 2016

December 3rd, 2015

The generation of millennial workers views the world through a digital lens. They grow up with technology woven into their lives, and expect any information they need to be at their fingertips. As the move up the corporate ladder, they expect the business to capitalize on the data and technology assets that are available. They don’t have patience with disconnected and inefficient processes that put the business at a competitive disadvantage.

This is one of the key factors that is driving business application technology: cloud-based ERP, mobility and cross platform programs, integration of business apps with productivity tools and social media, with a consistent, user friendly interface. No matter the size of your company, you can now provide the digital business environment to:
• Give workers who are comfortable working from home, in the office, and on the road easy access to secure business systems. Any time anywhere access.
• Work cross platform on any device.
• Enable collaboration inside and outside your organization to build stronger relationships between vendors, customers, and employees.
• Provide project portals, inventory data, and customer information that empower remote employees to provide excellent service.
• Deliver powerful real time analytics with rich visuals

Recently Gartner highlighted 10 technology trends:

The Device Mesh: This trend refers to what types of methods, or endpoints, people will use to access information or interact with others. According to Gartner, this includes mobile devices, wearables, home electronic devices, etc. Gartner claims that, “While devices are increasingly connected to back-end systems through various networks, they have often operated in isolation from one another. As the device mesh evolves, we expect connection models to expand and greater cooperative interaction between devices to emerge.”
Wearable technology devices are increasingly available. Enterprise Apps Today recently reported enterprise software is available on smartwatches. Business professionals can access ERP services using a wearable device, and companies are exploring how convenient ERP utilization will change their practices.
Manufacturing plants install sensors and other connected devices to monitor processes and ensure product quality. Production lines are more intelligent than ever before, which means they need vast amounts of data to operate.

Ambient User Experience: The dawn of virtual reality is upon us, and the ambient user experience trend means that “user experience preserves continuity across boundaries of device mesh, time and space.” This means that the user can experience a blend of environments including physical, virtual and electronic that incorporates an array of different devices.

3D Design and Printing Materials: 3D printing is increasingly common in a wide range of industries using a wide range of materials. You can purchase 3D-printed objects on websites like Amazon! Gartner predicts that the use of 3D printing will continue to expand over the next 20 years, with an increase in the types of materials that will be printed .
3D printing is also a way of creating 3D design models for better visualization of a new product. 3D graphic tools are also providing similar advantages whether via BIM construction models (such as our AEC solution), 3D planograms, walk through real estate visuals, etc ., or with tools like Holo lens with Surface hub to support collaborative 3D design visualisation.

The process of 3-D printing – also known as layered manufacturing – creates exact replicas of items based on data loaded into the equipment. Companies can scan objects and produce precise physical copies or create their own designs.
Layered manufacturing is not as fast as traditional assembly lines, and it costs a bit more. Industry experts, however, predict more industries will adopt 3-D printing technology as the science improves. In August 2015, The U.S. Food and Drug Administration approved the first 3-D-printed pharmaceutical product. The product’s designer said layered manufacturing helped create a better performing pill. Many medical fields use 3-D printing to create items for optimal functionality and to improve outcomes with individual patients

Information of Everything: As new devices are developed and are able to communicate with each other, more and more information is used and transmitted. “This information goes beyond textual, audio and video information to include sensory and contextual information.” Gartner predicts that information will also be able to be more easily analyzed.

Advanced Machine Learning: “In advanced machine learning, deep neural nets (DNNs) move beyond classic computing and information management to create systems that can autonomously learn to perceive the world, on their own.” These DNNs will automate the new and complex information that comes in from different data sources. They enable machines to seemingly learn and act on their own.

Autonomous Agents and Things: Will robots become widely used? Autonomous machines like robots, self-driving cars and other smart machines will become more common. Consider virtual personal assistants (VPAs) like Microsoft’s Cortana and Apple’s Siri. “The emerging notion of assistance feeds into the ambient user experience in which an autonomous agent becomes the main user interface. Instead of interacting with menus, forms and buttons on a smartphone, the user speaks to an app, which is really an intelligent agent.”

Internet of Things Platforms: According to Gartner, “The technologies and standards in the IoT platform form a base set of capabilities for communicating, controlling, managing and securing endpoints in the IoT.” The platform will make sure that data is transferred effectively from endpoints.

One of the recent trends fueling cloud adoption is a hybrid implementation strategy. Companies don’t want to throw out old systems and start over with a cloud-deployed service. Some companies use hybrid cloud solutions to test a change in process. They move select datasets to the cloud to see if the service offers the flexibility and convenience they predicted. Hybrid cloud options allow companies to explore functionality without making huge investments. As cloud-deployed ERP solutions prove easier to adopt, more businesses should become interested.

Convergence Barcelona 2015 – what’s new

December 2nd, 2015

Ax native power BI

The next release of Dynamics AX — a product which is dropping the year as part of its name — will be an Azure-hosted service that’s more tightly integrated with a number of Microsoft’s other cloud services. Dynamics AX is moving to a cloud-first model, meaning the Azure-hosted version will debut ahead of the on-premises complement. The next on-premises version of Dynamics AX won’t be out until the latter part of calendar 2016, and will make use of new capabilities in Windows Server 2016 and SQL Server 2016, both of which are also due for release in 2016.

Dynamics AX includes an overhaul of the client, which will be a fully-browser-based HTML one available for Windows 10 Edge users, as well as users on other modern browsers on iOS. Users will be able to extend the client themselves and build business-specific mobile applications. The client app for Windows will be wrapped and made available as a Universal Windows Platform app, so it will work with Continuum on PCs, tablets and phones, he said.

The new Dynamics release also includes a new “guided” user experience that looks and works like Microsoft Office and is tightly integrated with Dynamics CRM, Office 365, Skype, Azure machine learning and Power BI.

The tighter integration with other Microsoft cloud and enterprise products and services makes sense given Microsoft’s decision earlier this year to move its Dynamics CRM and ERP engineering team to the Cloud & Enterprise division.

Another new feature in the release will be “Workspaces,” which allows users in different roles to get a different view of activities in Dynamics AX that are tailored to their roles, with all the data, processes and other information they need to complete tasks. “Task Guides” will provide on-screen guidance and support for using Dynamics AX using Cortana voice commands.

The public preview of the next Dynamics AX cloud release will be available in early December 2015. This December is also when Microsoft will talk about pricing.

Like its other software products that are evolving into regularly updated services, such as Windows 10 and System Center Configuration Manager, Microsoft’s Dynamics AX product is going the same route

According to Jean-Philippe Courtois, President Microsoft International, building a digital business transformation is a team sport, and CEOs must reinvent their roles to drive the transformation. It is more than implementing a piece of technology, to become a digital business you have to adopt a digital-first mindset, reimagine your business and connect everything.

In this week’s release of Skype for Business, 10,000 people can be on a conference call at once, and documents can – for the first time ever – be live edited by multiple people while live video calling- a new feature called Skype Meeting Broadcast
Microsoft revealed that Power BI and Delve Analytics would both be coming to Office 365 immediately. This makes Office even more effective as an analytics tool, as it will now take advantage of Delve’s Graph-powered machine learning capabilities.
Microsoft’s enterprise version of Skype now has several new features, including the ability to dial into meetings from a traditional phone. The cloud-powered private branch exchange (PBX) feature enables enterprises to cut out the need for separate PBX systems required to manage calls between local and external phone lines, while PSTN calling allows Office 365 users to opt for Microsoft-managed calling plans and phone numbers.

The updates were unveiled alongside Microsoft’s introduction of its PowerApps service, a tool that allows the easy building of mobile apps with access to corporate data in enterprise

Microsoft announced the brand new CRM 2016, yes Dynamics CRM 2016 is now available!
It is deeply integrated into Office 365 and mean that office, using newly Azure-powered CRM 2016, can pull in relevant contact data on your next meeting, arrange your schedule and even suggest future sales opportunities.

Available both as CRM Online and on-premises in 130 markets and 44 languages, Dynamics CRM 2016 is focused on empowering employees to deliver the optimal experiences to customers, as well as engaging customers across all channels. We’re bringing all Microsoft has to offer in productivity and intelligence into a single experience.
Advanced analytics and machine learning capabilities of the Cortana Analytics Suite f or intelligent, adaptive processes for sales, customer service and social:
•Intelligent selling with cross-sell recommendations so sales reps can predict which products and services a customer will need during the sales cycle.
•Intelligent customer service with knowledge articles recommendations to empower service agents with answers to questions so they can more effectively resolve customer cases and solve problems on the spot.
•Intelligent social with machine learning capabilities powering sentiment analysis, as well as the ability to process significant streams of data to detect social posts that are most likely to be customer service cases or new leads.
•Intelligent collaboration with Delve functionality to surface trending content that is most relevant to what a person is working on.

In addition, significant enhancements in productivity, mobility and customer service:
•Productivity – Capabilities in CRM 2016 are seamlessly embedded into productivity tools, including Office 365. In CRM 2016, we’ve enhanced the CRM app for Outlook, delivered templates for our immersive Excel experience, simplified the creation of personalized sales documents in Word and enabled seamless access to contextual CRM documents across SharePoint, Office 365 Groups and OneDrive for Business.
•Mobility – CRM 2016 features full offline mobile capabilities for phones and tablets, the ability to create task-based mobile apps, Mobile Application Management with Microsoft Intune and next generation Cortana integration that surfaces CRM data for key sales activities, accounts and deals, and mobile marketing with SMS capabilities available with Dynamics Marketing in four countries.
•Unified Service – CRM 2016 delivers a single, unified solution for Customer Service across self-service, agent assisted service and field service. Building on the integration of Parature knowledge management in spring 2015, we now have a new role driven agent experience with the Interactive Service Hub, native Knowledge Management, surveys to capture voice of the customer and field service capabilities with our recent acquisition of FieldOne.

Microsoft also revealed that the Office 365 cloud-powered productivity suite has gained several new features. The first is a series of security and compliance features that give administrators more control over who has access to data in Office 365. The Advanced eDiscovery tool adds machine learning and text analytics to Office 365 to reduce the cost and risk of managing large quantities during e-discovery in litigation or government investigations. The second is what appears to be the tighter integration of Microsoft’s Power BI data visualisation tool, and a new feature called Delve Analytics that takes the Office Graph-powered machine learning capability of the Delve app and adds it to Office 365.

Convergence EMEA 2015 – Chris Capossela

December 1st, 2015

For the full record of the remarks made by Executive Vice President and Chief Marketing Officer Chris Capossela at Convergence EMEA 2015 in Barcelona on Nov. 30, 2015 see this Microsoft news page.
https://news.microsoft.com/2015/11/30/chris-capossela-convergence-emea-2015/
it reiterates and builds on the messages from WPC
– Millennials work in a different way
– Mobility, cloud, Cortana. Windows 10, Predictive Analytics and rich visuals, Surface Hub, Skype Business, Office 365, an integrated way of working, cross platform, with scalability and new insights and agility.

Happy National Day 2015

December 1st, 2015

We wish you all enjoyable break.
Note Synergy Software Systems offices are now closed until 9am Sunday