Teradata targets 2-digit revenue growth in Phl

 Economy
Jan 192014
 
Teradata targets 2-digit revenue growth in Phl

MANILA, Philippines – Data analytics firm Teradata aims to achieve double-digit growth in revenues in the Philippines as it expands its customer base, particularly in the banking and retail sectors, a company official said. Teradata Philippines country manager Ella Mae Ortega said in a briefing the company sees the Philippines as an important market and intends to grow its revenues in the country by increasing the number of its customers. “We have customers here but we want to expand our customer base with particular focus on banking and retail,” she said. The company wants to get banks and retailers as clients as the two are post the highest growth rates in the country. “These are also customers that need data analytics in their business or even do predictive analysis. These are customers that have big requirement on data warehousing and analytics,” Ortega said. She said more and more companies are becoming interested in understanding their customers as many of them express opinion products and services on social networking sites.At the same time, many companies want to reach their customers through social media to launch products and services.Ortega said Teradata wants to help companies here understand and reach their customers better through data driven marketingsolutions. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “With the emergence of big data as the new business imperative and a growing appreciation in the market on how business analytics can hone a company’s competitive edge, my charter is to drive growth in Teradata Philippines Read More …

Smart strengthens broadband service

 Economy
Jan 192014
 
Smart strengthens broadband service

MANILA, Philippines – Wireless giant Smart Communications Inc. has strengthened its mobile broadband service foothold after parent firm Philippine Long Distance Telephone Co. (PLDT) completed the P400-million submarine fiber optic cables providing critical resiliency for its network in the Visayas and Mindanao. Rolando Peña, Technology Group head at Smart and PLDT, said the newly completed 150-kilometer undersea fiber links are expected to enhance Smart’s high-speed mobile broadband in Southern Philippines with expanded capacity for high-bandwidth services.  “Smart is further expanding its network of reliable and high-speed mobile broadband sites around the country to meet the skyrocketing demand for mobile data from our users,” Peña said. He pointed out that the submarine cable runs from Mactan in Cebu to Loon in Bohol and from Garcia Hernandez in Bohol to Kinoguitan in Cagayan de Oro. “With the proliferation of smartphones and the popularity of online services, we are seeing even more of our subscribers making the shift to data. With this growing demand, a resilient and reliable network is required to maintain a seamless mobile broadband experience,” he added. The new fiber-optic facilities, the first time for Bohol province to have such high-speed data infrastructure, would also complement the rollout of Smart’s ultra-fast mobile long term evolution (LTE) service in Visayas and Mindanao allowing subscribers to experience firsthand up to 42 Mbps of broadband internet. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 With a high-speed LTE connection, subscribers could experience tomorrow’s Internet through high-definition video streaming, low-latency file transfers, and Read More …

Ohio woman offers beer, smokes as lost dog reward

 Economy
Jan 162014
 
Ohio woman offers beer, smokes as lost dog reward

DAYTON, Ohio — An Ohio woman made fliers offering a case of beer and a pack of cigarettes as a reward for finding her lost dog — and it worked. Twenty-three-year-old Abigail Miller of Dayton offered the unusual reward after her two dogs escaped through an open gate on Jan. 2. She found one of them at a local animal shelter a few days later, but the other, a Husky named Zoro, remained missing. The Dayton Daily News reports that Miller came up the reward because she could afford it and figured it would attract attention. She was right. The man who called and told Miller where to find her dog turned down the reward, but she says she’s going to offer him some food from the sandwich shop where she works.

Huawei rejects reports of security weakness

 Economy
Jan 162014
 
Huawei rejects reports of security weakness

BEIJING — Chinese tech giant Huawei on Wednesday rejected suggestions its telecoms equipment is vulnerable to hacking and forecast a rise in 2013 profit of nearly 50 percent. Chief financial officer Cathy Meng rejected as “groundless” reports that Huawei equipment might be more vulnerable to security threats than telecoms infrastructure made by other companies. The German magazine Spiegel reported last month that the U.S. National Security Agency installed secret “back doors” in telecoms equipment made by Huawei and other companies. Earlier, some researchers said they found vulnerabilities in Huawei routers. “We have seen no incidents on networks due to security problems,” said Meng at a news conference. “A lot of reports say Huawei equipment has more vulnerabilities or is more easily breached. These reports are groundless.” Huawei Technologies Ltd., founded in 1987, has grown rapidly in developing countries but faces hurdles in the United States, where authorities have warned it might be a security risk. The company has rejected such claims as trade protectionism that it says hurts American consumers by limiting competition and raising the cost of telecoms equipment. Huawei expects a 2013 operating profit of 28.6 billion yuan to 29.4 billion yuan ($4.8 billion to $4.9 billion), according to Meng, the daughter of Huawei founder Ren Zhengfei. That would be an increase of 43 to 47 percent over last year’s operating profit of 19.96 billion yuan. Audited results are due to be released in the second quarter of the year. Business ( Article MRec ), pagematch: 1, sectionmatch: Read More …

Toyota aims to sell 90,000 cars this year

 Economy
Jan 162014
 
Toyota aims to sell 90,000 cars this year

MANILA, Philippines – Toyota Motor Philippines Corp. (TMPC) is banking on the newly launched Corolla Altis and three other vehicle models to be introduced this year to achieve sales of more than 90,000 units, an official said. TMPC president Michinobu Sugata told reporters that aside from the new Altis launched on Wednesday, the company is planning to introduce three more vehicle models to support higher sales this year. “For Toyota, we expect to sell more than 90,000 units this year because of new model introductions such as the Altis and three more models,” he said. Last year, TMPC’s total sales hit an all-time high of 75,587 units, surpassing the company’s projected sales of 75,000 units for that year. Sugata said the company aims to sell 500 units per month of the newly launched Altis. “Our target market for this model is the relatively affluent younger generation,” he said. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 The new Altis, which is available in seven variants and imported from Thailand, is priced between P836,000 to P1.216 million. Next month, Sugata said the company is set to introduce, another vehicle model here. But while the company is introducing new vehicle models, it has no immediate plans to manufacture new vehicle models to add to the Vios and Innova which are assembled at its plant in Santa Rosa in Laguna. “We are still studying what other models can be assembled here and we are waiting for the roadmap,” he said. “We want Read More …

PAL set to resume flights to Paris

 Economy
Jan 162014
 
PAL set to resume flights to Paris

MANILA, Philippines – The Philippines has inked a new air agreement with France that would allow national flag carrier Philippine Airlines (PAL) to resume flights to Paris after 16 years, the Civil Aeronautics Board (CAB) reported yesterday. CAB executive director Carmelo Arcilla said in a text message that the Philippines managed to get half of the 14 flights per week it was seeking from France. “We agreed on seven flights per week between the Philippines and France. Seven is the limit that the French are willing to agree for now, although we were asking for at least 14,” Arcilla said. He pointed out that the seven flights per week was more than the maximum four flights per week enjoyed by PAL when the airline used to fly to Paris until 1998 “The maximum that PAL could use before was four when it previously operated to Paris (until 1998),” he added. Arcilla explained that both the Philippines and France agreed on a third country code sharing that would allow French airlines mainly Air France and KLM to fly to Manila via Amsterdam that could further boost tourism in the country. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 “This means that Air France can operate from Paris to Manila via Amsterdam, using KLM as operating carrier. This means possible additional flights from Europe that will support travel and tourism,” he said. On the part of the Philippines, he pointed out that domestic airlines could partner with any Southeast or East Read More …

Philex names new resident manager for Padcal

 Economy
Jan 162014
 
Philex names new resident manager for Padcal

MANILA, Philippines – Listed Philex Mining Corporation has appointed a new resident manager for its only operating mine in the country. In a regulatory filing, the company announced that industry veteran Manuel A. Agcaoili has been appointed as senior vice president and resident manager of the Padcal copper-gold mine in Benguet. He replaces Libby Ricafort who has retired. Agcaoili holds a Bachelor of Science degree in Metallurgical Engineering from the University of the Philippines, graduating in 1980, and has a Masters in Business Administration from the Ateneo de Manila Graduate School of Business as of 2002. He served as director and president of MBMI Resources Phils. Inc. and Senior Philippine representative of MBMI Resources, Inc. based in Vancouver. He was also a director and president of Narra Nickel Mining and Development Corporation, Tesoro Mining and Development Corporation, and McArthur Mining, Inc. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Agcaoili also served as a director and president of Rapu-Rapu Processing Inc. and a director of Lafayette Philippines, Inc. He was previously connected with the Philippine Associated Smelting and Refining Corporation (PASAR). Philex Mining has been operating the Padcal mine for 55 years, producing copper concentrate. Philex is operating its copper-gold mine in Padcal, Benguet on a probationary capacity as it undertakes mine rehabilitation after the massive tailings spill that occurred in the mine in August 2012. In the first nine months of the year, the Padcal mine in Benguet was among the top five producing mines in the country, Read More …

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