Don’t Drink from the Fire Hose!I love the expression “drinking from the fire hose.” It paints such a vivid picture of an overwhelmed person totally in over their heads, inundated with information. You hear the term a lot in the business world, usually when somebody starts a new role or project and is under pressure to get up to speed as quickly as possible.Information overloadI think that at some stage, we’ve all experienced that feeling when there’s just too much stuff being hurtled at us from all angles. Our brains cannot process the information fast enough to make sense of it all. The result? Apart from stress, it makes decision making tough and can impact our productivity.As it’s not usually possible to switch off or turn down the firehose, we deal with it by developing good management strategies. For example, we prioritize, multi-task, delegate and attempt to optimize our learning so that we can get on top of work with minimum delay. In business, we develop organizational structures and functional units to manage workloads in parallel. In this way, we divide and conquer, breaking down big projects into manageable chunks to ensure that we deliver on our goals.Same story in enterprise infrastructureGuess what? It’s the same story in the world of IT Enterprise Infrastructure. We design systems that constantly need to process more and more information but in less time. When these systems become exposed to huge sets of data that need to be processed or manipulated in some way, bottlenecks are also likely to form. In turn, this can hinder the performance and output of any applications that are hosted on the hardware infrastructure.Parallelization rules Likewise, we have management strategies in place to deal with this potential overload. In the same way that different teams do project work in tandem, parallelization is important in software development. For example, applications are designed to be multi-threaded so as to maximize the work a single system can do at any one given time.In recent years, parallel processing hardware such as GPUs (Graphics Processing Unit) and FPGAs (Field Programmable Gate Array) goes even further in addressing the need for parallelization. The result? Many more small processing tasks are handled efficiently by many more cores or logic gates simultaneously, often with exponential speed increases versus standard CPU architecture.Accelerator technologyWhere can you go to help manage your enterprise infrastructure overload? At Dell Technologies, we offer a broad portfolio of platforms that can integrate accelerator technology and support heavy workloads, where there is a critical need to process data as quickly as possible in parallel.Take the Dell PowerEdge C4140, a 1U server utilizing two second generation Intel® Xeon® Scalable processors, with up to 24 cores per processor. As part of our special patented design, the server is also designed to house up to four full-length double-width PCIe accelerators at the front of the chassis.This location allows for superior thermal performance with maximized airflow, allowing these four cards to work as hard as possible and deliver return on your investment. As a result, this platform is ideally suited to machine learning training/inference, HPC applications and other large-scale, parallel processing workloads.“Bump in the wire” traffic processingOf course, there are also applications in this HPC/AI world that are heavily latency dependent, where data needs to be processed as close to wire speed as software architects can achieve. For example, picture “bump in the wire” type network traffic processing or systems that are processing financial transactions.In these scenarios, latency matters big time. Ingesting data into these accelerators in the most efficient way possible is an important way to control the “firehose.” When considering the entire application structure, it’s important to remember that as latency is a cumulative issue, minimizing it at the lower layers of the stack makes sense.Specially redesigned for OEM customersWith all of this in mind, Dell Technologies OEM | Embedded & Edge Solutions has now modified the existing, high-performing Dell PowerEdge C4140 platform to specifically meet the needs of OEM customers dealing with latency-sensitive workloads.High-bandwidth IO ports on the FPGA accelerators, located at the front of the unit, operate as the main source of data ingest versus relying on the server’s own IO and CPUs to manage the transmission. The result? You can now design solutions with significantly reduced latency. Remember, this design is unique – there are no other Tier 1 providers in the industry with a similar product.Reduce bottlenecks and accelerate processingThe good news is that this innovative architecture significantly reduces bottlenecks and provides accelerated processing of streaming/dynamic data. And of course, our OEM customers can customize and rebrand the platform to build dedicated appliance solutions for customers across multiple verticals, for example, Finance, Energy, Healthcare/Life Sciences, Telecom and the Defense sector to name a few.Multi-disciplined engineering teamAnd don’t forget that if you’re designing applications and building infrastructure for latency sensitive HPC/AI/Network processing workloads, a multi-disciplined engineering group is ready to help with your design so that you can spend more time innovating and managing your business.The bottom line is that there’s no need to feel alone or drink from the firehose! We’re here to help you accelerate your processing power with the OEM-ready Dell PowerEdge C4140.If you’d like to speak to our sales team, contact us here. And of course, I’d love to hear your reactions, questions or comments. Do join the conversation!Learn more about the OEM-ready Dell PowerEdge C4140.Learn more about Dell Technologies OEM | Embedded & Edge Solutions.Follow us on Twitter @delltechoem.Follow our LinkedIn Dell Technologies OEM | Embedded & Edge Solutions Showcase page.
Last week, Notre Dame announced that California-based grocery chain Trader Joe’s will be the next addition to Eddy Street Commons, an area the University has been developing in collaboration with Kite Realty Group Trust.Stretching several blocks off the south end of campus, Eddy Street Commons has become a popular spot for shopping and dining in the Notre Dame community. With the partnership of Kite Realty Group Trust of Indianapolis, the University approached the creation of Eddy Street Commons over the past 15 years in two phases.The first opened in 2009 and established the structure for a modern town center, introducing retail and restaurant space with condos, apartments and townhomes. Since then, Eddy Street has served not just the students of the tri-campus community, but also the Northeast Neighborhood.Trader Joe’s, known for its Hawaiian shirt-clad employees, will be joining a blend of restaurants, fast food options, businesses and residences as it opens on the southern end of Eddy Street.The store stands out from many typical grocery store chains, as it sells private-label goods. With its growing popularity among young people, many students are looking forward to having access to Trader Joe’s within a short walk from the Notre Dame residence halls.Junior Daley Ryan said Trader Joe’s will be conveniently placed for on-campus students who do not want to venture too far for groceries.“I think it’s going to be really beneficial for everyone who wants to go to the grocery store and buy some things and not have to Uber there,” he said.Junior Katherine Urasky believes Trader Joe’s is the right kind of store to add to Eddy Street Commons.“I go there every so often, usually to Chipotle or Purely Pressed,” Urasky said. “I think it’s a great addition. I feel like there’s a community here that is attracted to that type of store.”Having access to a nearby grocery store, especially a familiar one, proves to be very desirable to college students. First year Kayla Nguyen frequents her local Trader Joe’s and said she is happy to know that the chain is coming to Notre Dame.“I’m really excited about it because Trader Joe’s is one of my favorite grocery stores back at home,” Nguyen said. “Having it in walking distance, especially at Eddy Street, a place that I’m really familiar with, it’s really convenient.”Although the University had no further details to share at this time, the now highly anticipated opening does have students excited to grab some of their favorite Trader Joe’s items, and even recommend some to friends.“‘Hold the Cone’ ice cream is my favorite little treat to eat after a meal,” Nguyen said. “I also love their sparkling watermelon juice. That one’s classic.”Nguyen believes having the specialty grocer on Eddy Street will bring more students to the area, whether they need groceries or a bite to eat.“I think it could also open more things to do because a lot of people like to grocery shop together,” Nguyen said. “Even if you didn’t need groceries, you could always go there for a sweet snack or some ice cream if you wanted to treat yourself with your friends.”Tags: Eddy Street Commons, Hold the Cone, Kite Realty Group Trust, Trader Joe’s
The Jersey Boys film will hit theaters on June 20, with a cast that includes Tony winner John Lloyd Young reprising his performance as Frankie Valli, as well as Erich Bergen as Bob Gaudio, Vincent Piazza as Tommy DeVito and Michael Lamenda as Nick Massi. from $59.00 Oh, what a night it was at Cinemacon! We’re still anxiously awaiting a trailer for the upcoming summer film adaptation of Jersey Boys, but director Clint Eastwood revealed a sneak peak of the movie to some lucky convention attendees on March 27. View Comments According to The Hollywood Reporter, the director received the first standing ovation of the convention as he spoke about the film based on the Tony-winning Broadway hit, which tells the story behind Frankie Valli and the Four Seasons. The footage screened included big musical numbers, and, in a nod to the stage show, the characters broke the fourth wall and spoke directly to the cameras at times. The show continues its run on Broadway at the August Wilson Theatre, currently starring Joseph Leo Bwarie, Broadway.com vlogger Drew Gehling, Richard H. Blake and Matt Bogart. Jersey Boys Related Shows
The remnants of Hurricane Irene have moved out of Vermont, but not before washing dozens of utility poles and roads away and leaving Central Vermont Public Service with an army of workers unable to access thousands of customers in need. CVPS says recovery will entail a monumental effort due to closed bridges and washouts not seen in generations. More than 55,000 customer outages resulted from the storm, with 37,500 still without service as of 7 am. Photos of Route 4 east of Rutland by Steve Costello, CVPS ‘We have a tremendous roster of workers to assist us, but this will be one of the most challenging recovery efforts any of us has ever lived through,’ said Joe Kraus, senior vice president for engineering, operations and customer service. Kraus, who started his career at CVPS in 1980, said hundreds of crews from as far away as Illinois, Missouri, Texas and Ontario would assist CVPS’s crews, but no one at the company has faced infrastructure damage like this before. ‘We are in uncharted territory,’ Kraus said. ‘In many places, we can’t even get to the damage. It is impossible to say how long it will take to restore power to all customers, but many areas are totally inaccessible, roads are gone, and in some cases, it could take weeks. In areas that we can get to, restoration will likely take days.’ Kraus said it was impossible to provide any kind of reliable restoration estimates at this time but customers should be prepared for extended outages. ‘Until roads are rebuilt and bridges reopen, we will be unable to get into hundreds of neighborhoods and hamlets, particularly in central and southern Vermont,’ Kraus said. ‘While we will work to restore service as quickly as possible, we urge customers to take every precaution to stay safe: stay away from downed power lines and anything in contact with them. Keep children and pets away.’ A half-dozen substations were submerged in flood waters. Each will have to be inspected in detail, and electric tests will be required in some cases before they can be put back into service. Kraus said CVPS and other utilities would work closely with state emergency management officials to stay abreast of road openings and make repairs as quickly as possible. On Sunday, many CVPS workers were stranded by rising waters. Some crews had to spend the night in local offices, and other workers in southern Vermont were invited to spend the night with customers after they were trapped by flooding. ‘I’ve seen the most high-water flooding I’ve ever seen, and I hope I never see anything like this ever again,’ Operations Supervisor Chris Gandin said. Hurricane Irene brought widespread devastation to roads, bridges, private property and utility systems, presenting enormous challenges but also bringing out the best in many Vermonters. Following are several stories from the storm. The true force of natureIn Taftsville, on the edge of Woodstock, the Ottauquechee River hammered part of a CV hydro station building and devastated controls for local distribution and transmission lines. ‘The upstream wall of the powerhouse was washed away, and that’s just the tip of the iceberg,’ said Greg White, CV’s director of engineering and system operations. ‘There is significant water damage. We’ll have to replace equipment and rebuild it. ‘And this story is being replayed in several substations, including the Brownsville Sub, which serves the West Windsor and Reading areas, Rochester Sub, which serves Rochester, and the Windsor Sub, which serves Windsor and Weathersfield. ‘The true force of nature has been displayed, and it is enormous,’ White said. ‘You can’t get there from here’Dave Miller, operations supervisor in CVPS’s Brattleboro office, said the loss of roads in Windham County presented enormous frustration for workers. ‘‘We can’t get there from here’ is the new catchphrase,’ Miller said. ‘It’s very frustrating. The guys want to get everyone back on as quickly as they can, but they simply can’t get to them because the roads are gone.’ In some cases, workers became trapped as high water isolated them in the field. A tree crew working Sunday on Hogback Mountain got trapped after washouts and high water cut off all escape routes, and a utility worker in Shrewsbury was also stranded when surrounding roads were washed away. Two workers spent the night with customers after high water prevented them from leaving the area where they had been working. ‘That’s Vermont for you,’ spokesman Steve Costello said. ‘Disasters seem to bring out the best in people here.’ Mind-boggling damageJeremy Baker, 40, a lifelong Vermonter and CV’s manager of preconstruction, said the scope of the damage left him shaken. Baker’s role in storm planning and recovery gives him a broad overview of the problems on the electrical system and with roads and bridges. He played a key role in the 2007 Nor’icane recovery, major ice storms and snow and wind events, but nothing compared to the intensity of damage he’s seen since Sunday. ‘It’s hard to wrap my head around the scale of the damage,’ Baker said. ‘I have never seen anything like this, even on a localized level. To see the damage reports in county after county and town after town, it’s mind-boggling.’‘Your heart breaks for these people’While utility crews are focused on the big picture and the nuts and bolts of power restoration, the impacts of the storm on individual customers is not lost on employees. Tim Upton, CV’s environmental affairs manager, said photos and film clips of customers’ flooded and destroyed homes affected him in ways he hadn’t expected. ‘On one hand, we’re completely focused on restoring power, but at the same time you’re seeing all kinds of sad situations, and you realize that for many Vermonters, being without service is the least of their problems,’ Upton said. ‘Your heart breaks for these people.’ Feeding and supplying an armyWhile CV’s orange and white trucks are the most visible aspect of the restoration effort, behind the scene a logistical operation worthy of the military is in place to support field workers. In fact, retired Vermont National Guard General Matt McCoy is CV’s logistics chief. McCoy and his team are responsible for feeding, housing and providing materials to hundreds of contract workers and CV staff during the restoration effort. Working out CV’s Systems building on Post Road in Rutland, the team oversees field food deliveries, hotel rooms and supplies ‘ all for field staff that are constantly on the move, often in places inaccessible from the outside. ‘Matt’s logistics background in the service gives us a huge leg up in trying to manage an often-confusing and fast-changing series of circumstances,’ said Cindy Fowler, director of resource coordination and McCoy’s supervisor. Up-to-date outage numbers (by town) can be found at: http://www.cvps.com/CustomerService/outages/(link is external) and http://vtoutages.com/(link is external)CVPS offered several safety tips for coping with the outages: STAY AWAY FROM DOWNED POWER LINES. Don’t touch or even go near downed wires! These wires can be energized and can cause serious injuries or death. If the line is blocking the road or in contact with a vehicle with people inside, call your local police or fire emergency number first. Then call CVPS. Instruct others to keep at least 50 feet away, and keep pets and livestock away as well.Assume all objects touching the power line are also energized. Never attempt to remove trees or limbs from any utility lines! Notify CVPS of the situation.If using a generator, read and follow the owner’s manual before starting the generator. Never operate a generator inside any structure or near a structure. Use a transfer switch to ensure electricity is not accidentally fed onto a line where line crews must work.Keep freezers and refrigerators closed as much as possible to prevent food spoilage.If power goes out, turn off all electrical appliances except one light so you’ll know when service returns. Then, turn equipment back on slowly.Power outages, call 1-800-451-2877.Additional safety tips can be found at: http://www.cvps.com/Safety/StormSafety.aspx(link is external)When electricity goes out, the utilities’ first concern is safety, then restoring service to large blocks of customers and critical facilities, like hospitals.Who gets power restored first?When electricity goes out, the utilities’ first concern is safety. Line work and downed lines present great risks to employees and customers, so safety is a grave concern. Always stay at least 50 feet from downed lines!When major storms hit and outages occur, we try to restore service to all of our customers as soon as possible. Here’s a look at our priorities:Problems that present an imminent danger to life.Failure at a key point on the system affecting thousands of customers, such as a transmission line (a main highway of the power system).Critical health and public safety facilities.Main distribution lines, which are smaller than transmission lines, but may serve hundreds of customers.Single lines.Single customers.Cleanup work. Up-to-date outage numbers (by town) can be found at: http://www.cvps.com/CustomerService/outages/(link is external) and http://vtoutages.com/(link is external)Source: CVPS. 8.29.2011. 7:15 am
By Dialogo April 01, 2009 The presidents of France and Brazil urged greater regulation of the world’s financial markets and vowed Wednesday to work together toward such measures at the G-20 summit. President Nicolas Sarkozy told reporters at a Paris news conference with Brazil’s President Luiz Inacio Lula da Silva that both hope to achieve “a minimum of regulation, considering the disaster that deregulation has represented.” Silva hammered in the point, saying, “We are all conscious that the turbulence that we are living through is the consequence of a lack of regulation and a lack of responsibility.” He said the two also agreed there was a need to crack down on tax havens, which he called “almost immoral” and said were “inadmissible in a world in which billions are living below the poverty line.” Silva, a former union leader who is largely seen as a moderate, emphasized it was up to the participants at the London summit to fix the system so that poor countries do not suffer unduly. Sarkozy said he wanted the Group of 20 summit in London to achieve concrete results and not just set a date for another meeting. Sarkozy has even suggested he might walk out of the summit if its participants — the world’s leading rich and developing countries — fail to find a meaningful agreement on regulation and other issues. Sarkozy underscored the importance of France and Brazil presenting a united front at the summit. “Together, we are conscious that if we speak with one voice and if we advance together, we are stronger,” he said. Silva said “neither President Sarkozy nor myself wants to assume responsibility for a failed summit.” Silva called the G-20, which kicks off Wednesday evening, “a meeting between friends,” but acknowledged “it will be a difficult meeting because all of our friends don’t think in the same way.” The two leaders were slated to leave for London later Wednesday. Sarkozy said they would meet again Sept. 7, when the French president visits Brazil. Both leaders said their talks, held over lunch at the Elysee presidential palace, had also touched on bilateral defense and development issues. Before Wednesday’s talks, Silva’s spokesman Marcelo Baumbach said military cooperation would also be on the table. Brazil’s air force is considering buying 36 Rafale fighter jets from France’s Dassault SA. United States-based Boeing and Sweden’s Saab AB are also competing for the potentially lucrative deal, which could lead to the purchase of as many as 100 jets as Brazil revamps its air force. The two countries are also working to foster sustainable development of the Amazon rain forest along the border shared by the Brazilian state of Amapa and French Guiana, a French overseas territory.
Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.
The pensions industry worldwide is underestimating the risks posed by cyber crime, and too few experts are available to help tackle the problem, internet security experts have claimed.Speaking at the World Pension Summit in The Hague, Lloyd Komori, vice-president of risk management at Canada’s €43bn Ontario Municipal Employees Retirement System (OMERS), argued that internet crime was one of the industry’s biggest risks.“Of all external and non-investment-related risk for pension funds, this is the scariest,” he said, adding that his pension fund had listed cyber crime in the top three of its “risk shortlist”.According to Komori, pensions funds acknowledge cyber security risk but do not seem to act “as if there is an enormous shortage of security experts”. He pointed out that hackers are often after not just money but also valuable information.Phil Zimmermann, a US-based expert on encryption, took pains to emphasise that cyber criminals were far ahead of the business world.“Hacking is no longer a matter of adolescents in black T-shirts,” he said. “It is now carried out by countries with political and commercial interests that are in full attack mode.”Neither Zimmermann nor Komori was able to produce concrete examples of cyber attacks on pension funds or asset managers.But Zimmermann said this was logical, “as the chance is very small this would be published because of the immense reputational damage it would cause”.Victoria Wang, senior lecturer on cyber crime at Portsmouth University, highlighted that cyber thieves operated everywhere there is money, including the pensions sector.She said that, since the UK introduced the option of a lump-sum payment at retirement, cases of internet fraud at the expense of retirees – tricked into making fake investments – had doubled within a short period.Zimmermann said the pensions sector could tackle cyber crime by investing in their own IT systems, as well as in start-ups in the security sector.“Pension funds could achieve attractive returns, as the cyber-security sector is to grow into a €158bn industry within the next five years,” he said.
The ESG investing wave that is sweeping through Europe has started to affect supply and demand, with a subsequent effect on stock prices since 2014, according to research from Amundi.An Amundi research team studied the performance of 1,700 companies from different regions in the period from January 2010 to December 2017.It said it focused on more recent years to benefit from higher confidence in the ESG data used. Before the 2008 financial crisis, ESG investing had been “more of an anecdotal and explanatory investment idea”. The asset manager found that the impact of screening companies on the basis of environmental, social and corporate governance (ESG) criteria had little impact on portfolio risk during the study period, but was crucial in terms of portfolio returns. Amundi claimed 2014 had marked a turning point for how the stock market integrated “extra-financial” metrics. In the first half of that period, ESG investing tended to penalise both passive and active investors, but from 2014 to 2017 ESG investing was a source of outperformance in Europe and North America.In the euro-zone, for example, buying the 20% best-ranked stocks on an ESG basis and selling the 20% worst-ranked would have generated an annualised excess return of 6.6% during that period. That was in contrast to losses of 1.2% between 2010 and 2013.“ESG investing remains an alpha strategy in North America, whereas it has become a beta strategy in the euro-zone”The most important trend reversal occurred in relation to the corporate governance component, according to Amundi. The social component improved significantly from 2015 and had now been positively priced by the stock market.Overall, Amundi said, the study revealed that ESG did not affect all stocks, but tended to influence best- and worst-in-class assets.“The causal mechanism lies on demand and supply dynamics, as well as the virtuous circle created by the intrinsic added value of ESG screening,” it said. “Impact on performance is driven by increasing investor demand for ESG approaches, which generates flows into best-in-class stocks, which in turn boosts stock prices and performance.”‘No free lunch’Amundi found exactly the same results for passive management as for active management – but warned that “there is no free lunch”.“Being an ESG investor requires taking on a tracking error risk,” the company said.Amundi found that, in the case of the MSCI World index, improving the ESG score by 0.5 implied accepting a tracking error of 32bps on average.Developing ESG-based strategic asset allocation policy and ESG-based equity indices was “the only way to avoid being constrained by the traditional cap-weighted benchmarking framework”.The asset manager also studied the effect of applying ESG investing within a factor investing framework, saying the case for it was “more puzzling”.“Backward looking, ESG seems not to be a new risk factor in North America, whereas ESG could improve the diversification of multi-factor portfolios in the euro-zone,” it said.In other words, it added in a footnote, “ESG investing remains an alpha strategy in North America, whereas it has become a beta strategy in the euro-zone”.“Forward looking, ESG appears to be a very serious candidate to join the very exclusive club of risk factors that explain the cross-section of stock returns,” Amundi said.Thierry Roncalli, head of quantitative research, added: “This new scientific research confirms the time-varying dynamics of ESG performance.“Since stock prices reflect supply and demand balance, our research shows that ESG screening has influenced stock market performance. It is apparent that ‘extra-financial’ ESG risks have become financial risks and that asset pricing momentum is in favour of ESG investors.”The research paper can be found here. Further readingIPE’s ESG special reportESG: The sustainability factorIs ESG inherently multi-factor?
Statehouse—The Indiana Senate is now accepting applications for the 2020 Senate Page Program according to State Sen. Jean Leising (R-Oldenburg). Through the full-day program, students in grades six through 12 can tour Indiana’s Statehouse, listen to debates and help staff with age-appropriate tasks. Students also have the opportunity to meet with their state senator.“I encourage students to register to page in the Indiana Senate,” Leising said. “While students learn about state government in the classroom, paging at the Senate provides students with firsthand experience with the legislative process. Each session I am encouraged by the number of students who take advantage of this unique opportunity.” The Senate Page Program will begin in January and run through early March. Positions fill quickly, so it is important to apply early. Pages are scheduled for Mondays, Tuesdays and Thursdays during the legislative session. They begin their day at 8:30 a.m. and are dismissed at 3:30 p.m. Groups serve together on Wednesdays. Serving as a page is considered an excused absence from school.For more information or to apply, visit www.IndianaSenateRepublicans.com/page-program.
Press Association Sevilla president Jose Maria del Nido insists they have still not received any offer from Manchester City for star striker Alvaro Negredo. He added: “There hasn’t been any offer from Manchester City.” Negredo has indicated he would like to leave Sevilla this summer and has been closely linked with a number of clubs, including Barclays Premier League outfit City, whose new coach Manuel Pellegrini will know all about the Spain striker from his time in the Primera Division. Speaking at the presentation of new Sevilla signing Nico Pareja, Del Nido said: “There hasn’t been any change with respect to Negredo’s situation. There hasn’t been any communication between the English club and Spanish club, and Negredo is training with his team-mates and has three more years on his contract.”