Enterprise Translation Helps In Business Expansion

In today’s high-tech era where internet technology and the social web is flourishing; communication is an essential tool for organizational growth and expansion. Hence, it has become imperative to choose and invest in an appropriate communication tool  to convey your business objectives to the global audience. With the fast pace of globalization, it is important that business houses and other enterprise’s venture out into untapped markets to explore them and carry on business. This involves interacting with a foreign audience in their native language and ensuring that the regional implications are not affected. Therefore, enterprise language translation has a crucial role to play as a medium of communication that would in turn help companies to update consumers about their services and products.


Regional languages are generally impacted by the region’s cultural ethos. Therefore, a correct language translation cannot be done if the translator is not adequately trained and does not have the detailed know-how about the meaning of specific phrases, metaphors, vocabulary and the general tone of the language. There are times when the language barrier has proven to be a tough obstacle to overcome for enterprises operating round the globe. Language interpreters are mostly supportive in case of company events such as seminars, conferences and meetings where there are people from diverse countries and cultures. Global enterprises in order to communicate seamlessly across boundaries must make use of professional translation services.


Service providers of automated language translation solutions provide bilingual speakers with contextual translation of words and phrases rather than the generic sentence base translation that can give rise to errors. This in turn minimizes the localization expense by 50 percent and maximizes the translation speed. Other advantages they offer are:


* Terminology managements helps in maintaining messaging precision and consistency

* The translation memory helps in recycling content through consecutive projects

* A project management dashboard along with instant reporting streamlines team coordination


These apart, enterprise translation software enables the consumers to function using their own servers along with the flexibility and security to host their own translation platform. Implementing a premise system of your own signifies that you have total control of the entire localization process that helps you in content translation, monitoring its every stage, cooperating with your community and saving time and money. Besides this the advanced enterprise translation software also has the capacity to scale elegantly. This suggests that your enterprise expands you can plan your localization process accordingly being fully sure that the software would manage the organization requirements.


Related Links: Language translation process, Enterprise Translation Solutions

Anti- Counterfeitng Solutions Enhance Brand Protection

With technological evolution paving way for the growth of the ecommerce industry, most brands are present online, as it helps them gain a wider consumer base. For the consumers across geographies, this is a more convenient mode for shopping for products and services as technology provides them with applications that help them shop from any place through Smartphone’s , laptops or  desktops.  However, besides the brand websites offering their products online, the World Wide Web also has a number of other players offering similar products at discounted prices.


Counterfeiting operations,  flood the market with cheap, unregulated substitutes bearing the labels of widely recognized brands. The counterfeit products are  produced to take advantage of the superior value of the imitated product and  affects every industry. Forgeries of currency, documents, works of art, toys, clothing, software, pharmaceuticals, watches, electronics, handbags, shoes etc., are all available as counterfeits. Further with products typically sold at large discounts, the brand owners are faced with issues of  revenue loss and brand protection.  The look-alikes not only damage the brand image but are also a major threat to public safety especially, when it comes to food and pharmaceutical industry.


With e-commerce market reaching out to every part of the world, counterfeiting affects the consumer brands with both major economic losses, loss of IP rights, consumer goodwill, and brand erosion. Research conducted by American Chamber of Commerce records the value of global trade in pirated and counterfeited good at US$500 billion per year with the international counterfeit market accounting for approximately eight percent of global trade. Global enterprises thus need to deploy customized anti-counterfeiting solutions to combat the growing menace.


Anti-counterfeiting solutions must be aimed at minimizing the level of counterfeiting and help enterprises restore the market for their branded products and pave way for reducing piracy and gray market sales. The anti-counterfeiting solutions developed by the leading service providers have innovative techniques and high-end research methodologies that can help the enterprise monitor activities for a number of products across the globe. These solutions helps gather the necessary information in real time and display it through dashboards and charts, while providing a risk index of the suspects. Such detailed analysis offers enterprise visibility across frauds and counterfeit and helps them take necessary anti-counterfeiting actions.


These advanced solutions with sophisticated brand protection technology helps enterprises find the violators and shut them down. Simultaneously, it can also send, cease, desists DCMA letters automatically and offers an automatic action to shut down. Investing in such an efficient anti-counterfeiting  solution with unmatched visibility into the global open market will facilitate enterprises to search for counterfeiting  and protect their organizational assets.


Read More About: enterprise risk management, brand management

Using Facebook Analytics for Online Marketing Campaigns

Today most entrepreneurs have realized the relevance of social media presence and the way to keep it going in multiple sites. However, it is as crucial to analyze and manage how effective your marketing campaigns are. For instance, it is essential to know how much traffic your site generates in the social media platform such as Twitter or Facebook. Similarly, it is also essential to analyze if your social media marketing efforts are working for your brand.

 

Social analytics are the apt way to know the source from where your online site traffic is getting generated. However, obtaining precise accounts of the amount of traffic is getting directed to the website at times becomes a challenge. However, the good news is that today with advanced analytic websites are becoming efficient in tracking these figures.


Facebook today has evolved as a useful social networking platform offers your business page with options for status messages, photos and posting separate links as well. As a content-sharing platform it is diverse and expanding. However, in order to have a clear understanding which content is proving beneficial for your business it is essential to analyze the results your Facebook analytics highlights. The concern here is that if you have ever exported information from Facebook insights then you know the overwhelming nature of the input that you attain. With numerous columns and sheets of huge data points, it can be very complex to decipher what the data signifies. There are cases when the data points are repetitive and offer no additional way to enhance your online marketing.


Keeping these aspects in mind companies specializing in social media analytics tools has introduced advanced analytics for Facebook that helps you to efficiently and quickly measure the success of your Facebook campaigns. This is done by using a mix of creative Facebook analytics and analytical smarts. These analytics offers quick results for business organizations to keep a track of the web information, attain instant distribution and use Facebook engagement metrics to attain feedback in real time on the way the content is performing for you to optimize features, products, content, campaigns and interactions quicker.


The solutions come with an easy-to-use virtualization interface that offers the drill down capacities and trending views to offer quicker insights and help companies to arrive at smarter operational decisions even across huge amounts of social data. Furthermore, advanced analytics for Facebook also helps you attain faster insights concerning your main influences on the K-factor and virality campaigns, helps you to understand what keeps the consumers engaged and discover the levels that can influence the revenue generation.

Leverage the Benefits of Facebook Metrics

Social networking has gained prominence over the past few years with multiple social networking sites making their way into the social media sphere. Facebook happens to be one such popular social networking platforms that many organizations and individuals have capitalized on for online PR and branding campaigns, online marketing strategies and much more. The social networking landscape is equipped with certain purpose-built analytical tools that help in maximizing and assessing the user’s online effectiveness. They offer the users an entirely fresh domain for quantifying and analyzing interactive marketing, expanding the overall reach and increasing retention and generating greater revenue.


In the recent past, there have been several solution providers who have introduced innovative social media analytics to help corporate and individual users. They also specialize in applications that are a blend of creative Facebook analytics and analytical smart solutions. The outcome is a meaningful and quick tracking of web data, distribution of data instantly, Facebook metrics and instant feedback on the way the content is functioning for end users to be able to optimize products, features, content campaigns and other communications quicker.


These solutions also offer an “easy-to-use” Virtualization interface that provides drill-down capabilities and trending views. This in turn provides actionable insights that help the end users to arrive at quicker and smarter operating decisions all through the social data. Furthermore, it also impacts viral campaigns and has a clear understanding of the various factors that would keep a user stay longer on a social networking site and also discover other aspects that impact revenue generation.


Analyzing the way social media are progressing today social analytics have a huge role to play. Solution providers of social media analytics tools offer applications and programs that help the entrepreneurs to look at social networking with a difference. Some of the beneficial features of these solutions are listed below:-


* Offers quick results for enterprises to keep a track on real-time social media behavior and attain fast feedback on the things that would work for the product

* Offers both drill-down and trending view capacities

* Helps in revenue acquisition

* Offers perceptive insights to make smarter and quicker operating decisions across huge social data

* Attain quicker insights into the main influences on viral campaigns

* Discovering the aspects that keeps the users engaged


Therefore, advanced Facebook metrics are helpful in social brand monitoring and audits to deliver insightful data.

Trends in Clinical Trials in India

Clinical trials are a huge and booming sector of the Indian healthcare industry. The rise in its development owing to enhanced education systems and medical architecture and information technology sector is driving India to become a clinical trial hub. There are new medical companies and CRO (clinical research organizations) that are commencing their operations in India and are conducting clinical trials on new products for instance stem cells, nanotechnology based products, Biotech products and many more. The government regulations concerning clinical trials too are becoming more rigid and are going to make the approval process more simplified.


The 21st century has ushered in various upcoming domains in the healthcare industry. It has witnessed the clinical trial industry getting into an alliance with the IT industry that is helping it to become the biggest profit making industry round the globe. It is the only industry that has survived amidst the global meltdown. This is very evident from the business that has been generated back in 2009 of approximately 250 – 300 billions. The forces that have been driving behind this progress are the human quest for better medical treatment and knowledge.


Apart from this, in the past few years the expense of inventing new drugs has been rising because of the global inflation and has increased from $ 802 million in 2003 to about $1.2 billion in 2010. Owing to this heavy expense companies around the globe are witnessing more on the development of existing drugs with fresh dosage forms. In 2011 Norman Goldfarb conducted a quarterly review of the clinical trial industry and asserted that the industry is moving towards a bright future with numerous medical companies foraying into the medical sector.


From the regulatory services perspective, conducting clinical trials needs certain sanctions and approvals. Owing to the developing medical scenario today might become a little complex a clinical research organization or researcher to comply with all the regulation and guidelines. It is also similar to the situation of enrolling and locating the subjects for trials. The Central Drug Standard Control Organization (CDSCO) has released a new guidance concerning clinical trial approvals and new the drugs in 2011. Therefore, regulatory services in India are becoming more stringent as per the bioethics principles.


Furthermore, there are fresh technologies on which medical research is being carried on that comprises transgenic animals, protein chips, stem cells, Bioinformatics, biometrics, medical devices, functional genomics, Pharmacogenomics, molecular modeling, Chemoinformatics, proteomics, protein modeling and many more.


Read More About: Clinical Pharmacokinetic, Bioavailability

Tax-Wise Tips to Reduce Your Legal Expenses

No one likes to pay large amounts in legal fees, however one may be relieved to know that certain tax rules can help reduce your bills. While it is almost impossible for taxpayers to be aware of their various tax rules, a tax planner can be of great help. Here are a few tips that can help reduce legal fees.


* Personal Legal Fees are not deductible.


Most of the personal legal expenses like divorce, etc. are not deductible.


* Legal Fees for Tax Advice Are Deductible.


Legal fees for tax advice whether tax planning, tax qualifies, income, estate, gift, property, sales, use and excise tax, (even though the taxes are personal) are deductible.


* Business Legal Fees Are Deductible.


Any legal fees incurred in business are deductible by corporations, LLCs, partnerships and proprietorships.  However, some fees must be capitalized and added to the basis of assets.  


* Investment Legal Fees Are Miscellaneous Itemized Deductions.


If legal expenses don’t relate to your business but only to investments, you can still deduct them but usually only as a miscellaneous itemized deduction. That means a 2% threshold, phase-outs and (worst of all) Alternative Minimum Tax.


* Beware Contingent Lawyer’s Fees.


If you recover $1 million in a lawsuit and owe 40% to your contingent fee lawyer, as you have $600,000 the tax has to be paid only on this amount. In a pure personal physical injury the entire recovery is tax-free, so therefore  it doesn’t usually matter whether you consider the recovery including legal fees. Usually, there is often confusion about what is and is not tax-free.


* Legal Fees in Employment Cases Are Fully Deductible.


Most employment lawsuit recoveries include either wages (on a Form W-2) or non-wage income (on a Form 1099), even if your lawyer receives 40%, you still must include 100% in your income.  However, it is possible to deduct the legal fees “above-the-line,”before reaching adjusted gross income. That means you have no tax–no regular tax and no AMT–on the legal fees.


Tax deductions can alleviate some of the pain of high legal bills. The tax analysis can be complicated, and you may incur legal fees falling into more than one category.  There are often several ways of allocating fees, so planning can pay off. Take the help of an expert who could offer you the best tax solutions and give you assistance in other taxes like FBAR, Overseas voluntary disclosure etc.


Read More About: IRS Amnesty, Foreign Bank Account

IRS Amnesty OVDP 2012 - Civil Penalties and Criminal Charges

This is a two-part article that looks at the civil penalties and criminal charges that would be applied if the tax evaders fail to participate in the IRS Amnesty OVDP 2012.

With the IRS Amnesty reopens the Overseas Voluntary Disclosure Program (OVDP), taxpayers must come forward and make a voluntary disclosure of the undisclosed foreign accounts or entities. Such a move would enable them to become compliant, avoid substantial civil penalties and generally eliminate the risk of criminal prosecution. As per this program, taxpayers must make a voluntary disclosure of undisclosed foreign accounts or entities of the past eight tax years for which the due date has already passed. And if the tax evaders fail to make use of this opportunity and risk detection by the IRS, they would be subjected to civil penalties and criminal prosecution. Here is a look at the penalty framework and the criminal charges that would be applied.

Civil Penalties

 

* The civil penalty for willfully failing to file an FBAR can be as high as the greater of $100,000 or 50 percent of the total balance of the foreign account per violation. While the non-willful violations are subject to a $10,000 penalty per violation.

* The penalty for failing to report the taxpayer’s interest in certain foreign financial assets, including financial accounts, certain foreign securities and interests in foreign entities is $10,000, with an additional $10,000 added for each month the failure continues beginning 90 days after the taxpayer is notified of the delinquency, up to a maximum of $50,000 per return.

* The penalty for failing to file the Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts is the greater of $10,000 or 35 percent of the gross reportable amount, except for returns reporting gifts, where the penalty is five percent of the gift per month, up to a maximum penalty of 25 percent of the gift.

* The penalty for failing to file the Information Return of Foreign Trust with a U.S. Owner is the greater of $10,000 or 5 percent of the gross value of the trust assets determined to be owned by the United States person.

* The penalty for failing to file the Information Return of U.S. Persons with Respect to Certain Foreign Corporations is $10,000, with an additional $10,000 added for each month the failure continues beginning 90 days after the taxpayer is notified of the delinquency, up to a maximum of $50,000 per return.

In the second and concluding part of this article, we will look at the rest of the penalties and charges and the solution for avoiding it.

Read More About: Foreign Bank Account

Successful Project Completion WIth Global Engineering Services

At the heart of any aerospace operation is optimal performance. To bring about a more robustly integrated and optimized aircraft that can perform better than their predecessors, the entire aircraft supply chain needs to further their engagement with Large aircraft OEMs.  This therefore necessitates a high degree of engineering and specialization. As aircraft engineering is vital for safe and comfortable flying the aerospace companies are constantly at work to create better models with advanced features to give them an edge above the rest.

 

Operating an aircraft, crew members are constantly under pressure, and to help them pilot better and ease the pressure, modern aircraft manufacturers invest substantially in sophisticated global engineering solutions. Often, these systems may cost as much as a third or more of the total aircraft cost. Designing and deploying these Avionics systems is complex and only an efficient engineering team can make a difference. With the right materials, technology and skill that is required for aerospace structures, efficient outsourced aerospace engineering solutions and services successfully address the challenges that the industry faces.

 

These service providers have the capability of combining aero structural engineering services to manufacturing to enable customers to meet growing offset requirements in aircraft engineering contracts. They also engage in the development of various aerospace test rig applications to accomplish and validate Endurance Life Cycle and Free Fall Test. They help cut product development costs, shorten lead times, extend capacity, and maximize engineering resources. Outsource engineering requirements to a reputed service provider ensures receive better, faster and more value-optimized solutions.  For OEM's who want to leverage the cost advantage and engineering resource availability offered by various locations in low cost and high cost area engineering outsourcing services are the best option.


With growing demands for state-of-the-art defense services and solutions, engineering services help in producing innovative and technologically advanced engineering products with  expertise, precision and rigor that meet the specifications and often exceed the expectations of even the most demanding customers. Smart engineering services help  mitigate risk and develop products in quick time.


Partner with a consultant who can lead the way in developing top aero structures by combining lean principles with the latest manufacturing methods and equipment to produce components that provide products with top quality and reliable service. Global engineering service consultants  provide services and ideal guidelines for a successful project completion and help overcome the odds by ensuring  a strong and reliable balance between demand and supply.

Related Links: offshore design engineering, engineering analysis services

Regulatory Services Offered By Indian CRO’s

India over the last decade has come up with various developments and advancements in medical trials and in project and data management. India has been successfully able to provide cost savings of 50 to 60 percent in clinical trials. With the research discovery acquiring approximately one-third of the R&D expenses of the western medical industry, outsourcing to lesser expense countries is a wise move. With the financial and regulatory pressure expanding in the US and European medical industry, it is estimated to propel the development in the Indian clinical trial market.


All this has compelled the clinical research organizations (CRO) in India to introduce advanced clinical laboratory services that assist in disease treatment and drug development. The medical doctors and technicians’ research experiment and conduct different medical studies and experiments and review human blood sample and assesses blood samples and evaluate the impact of drugs on the blood. This apart, the CRO’s also give importance to regulatory compliance services and appropriate quality assurance. There is a separate team for regulatory services and audit compliance that is in turn supported by a vast knowledge of the local regulatory procedures and helpful associations with various regulatory agencies ensuring perfection in the clinical trial approval process.


Today several Indian CRO's offers regulatory services and QA services that form an essential element of their overall service portfolio. These CRO's have conducted several audits from Indian as well as International regulatory agencies. There have been studies submissions have made to numerous countries as well. This apart some of the CRO's have been sanctioned study submissions to places such as the Republic of Sudan, NPCB Malaysia and National Medicines & Poisons Board and MOH Israel.


Renowned Indian CRO’s specializing in regulatory services has completed various audits from multiple global and Indian regulatory agencies. Simultaneously, there have been study submissions from multiple countries. The vast range of regulatory services offered includes the following:


* Formulating regulatory strategies

* Replying regulatory agency queries

* Renewing Import License

* Procuring drug import licenses

* Follow-up and submissions on the application

* Tracking applications and approvals

* Submission of Clinical Safety Report (CSR)

* Safety Reporting

* Procuring NOC for export of biological samples

*Compiling a clinical trial application


In addition to that, with regards to QA Indian CRO’  s have a complete quality assurance team to manage the same with a standard quality. The team focuses on quality that permeates through the processes within the domain of each single process. In addition to that, there are thorough implementations that are carried out by the Quality Assurance and Quality Control processes. QA practices span across Bioanalytical, Clinical, Statistics, Internal Audits and Reporting by the QA team for area specific SOP compliance. Simultaneously, there are other in-house capacities that CRO’s perform and includes of components such as Site Audits, Vendor Audits, Process/System Audits, and Document Audits that includes protocol, clinical study reports and important clinical trial documents.


Read More About: Bioavailability, Clinical Pharmacokinetic, biometrics

Utilities of Precision Machining Engineering Services

Global engineering services have been evolving over the past few years focusing on various aspects. Precision machining is one which by definition is a technological process and is used in almost every engineering vertical ranging from car components, aerospace engineering services, electrical motors and many more. Regardless of the domain in which they are being used, it has gained great importance from the precision engineers to establish their precision machined components.


Precision engineering services  use multiple software programs, CAD and CAM to make certain scientific styles for various precision devices. The devices created by using these tools are a result of idea precision and hence are used in higher account verticals. Furthermore, the precision CNC machining is used by various products that are in daily use. They are majorly used in personalized motorbike and personalized car builders for establishing appropriate rims and other components. It adds a distinguishing element to the engineering products than the standard ones.


Few other domains where precision devices are used involves movement jet and manufacturing of aero components that use high-pressured and laser that are useful for alterations in the surface area and engravings. This apart there are multiple global engineering service sectors where the precision machined components are used for instance area devices, aeronautics, production, calibrating, CNC machining and the like.


Precision Machining Engineering Services


 

Today multiple  engineering outsourcing companies have come up with machining facilities that are equipped with high-end state-of-the-art manufacturing procedures for aerospace structural parts, automotive engine devices and sub assemblies, instrumentation and industrial precision machined parts and ferrous and non ferrous material machining, the comprises Titanium. The machining technology used comprises of the following:


·         Offers a comprehensive sourcing solution by integrating design and manufacturing

·         Provides a large scale fabrication of power generation and industrial domains

·         There are forgings and castings with and without machining, precision machined parts for industrial, medical and automotive sectors

·         Assists in managing large turnkey fabrication projects

·         Helps customers to attain quality, cost and delivery objectives

·         Provides a robust vendor qualification and monitoring process

 

Today the significance of high end precision machining and precision machined constituents should not be overlooked. This is because they are used in multiple sectors in single or other type. The commonly used form of advanced precision CNC machining is the Electrical Discharge Device that might melt or burn up steel within few seconds. This apart there is a well managed electrical utilization system.


 

Related Links: oil and gas engineering, engineering Services Outsourcing