Online Marketing May Become Compulsory

Online Marketing May Become Compulsory

At least, that’s the findings of a recent survey carried out amongst firms in both Britain and the US (sorry they didn't survey Canada on this one).… [more]

Colour Psychology: The Mood of Colours

Colour Psychology: The Mood of Colours

Colour has a profound effect on how we feel both mentally and physically. Even as far back as Ancient Egypt colour was used as a tool for healing. Below… [more]

A Year in Review: 2009 Tech

A Year in Review: 2009 Tech

Brain Imaging The first high-resolution map of the human cortical network generated by scientists using a new type of brain imaging known as diffusion… [more]

Top 10: Open Source ERP Software

Top 10: Open Source ERP Software

Implementation of ERP solution involves a hefty budget with long time and conscientious efforts for customization. With the recession taking a notch out… [more]

New Photo Gallery

New Photo Gallery

I created a Photo section on my blog to post some of the pictures I've taken in my spare amateur photography hours. I uploaded the first set of photos… [more]

Feb 9

yay internet marketingAt least, that’s the findings of a recent survey carried out amongst firms in both Britain and the US (sorry they didn’t survey Canada on this one). A number of businesses are set to increase their digital marketing budgets by about 17 per cent this year. An online research site, Econsultancy, found that digital marketing would account for almost a quarter of total marketing budgets in 2010.

Of all the firms that participated in the study, 46 per cent said they were planning to increase their overall marketing budget for 2010, while over 50 per cent of companies are planning to increase their mobile marketing budgets.

Ok, for my Canadian readers, Tech Crunchies found that Online Marketing revenues grew 29% from $1.241 billion to $1.6 billion and 2009 was about $1.75 billion.  Steady increases for sure!

And (in case you didn’t notice) social networking sites such as Facebook and Twitter are set to come into their own in 2010.  70 per cent of businesses are looking to increase their spending in these areas of marketing in the next 12 months.

Linus Gregoriadis, research director at Econsultancy, said: “Digital evangelists have long been trying to get the big brands to spend more on online marketing (especially display advertising), and social media is now helping to give impetus to a second wave of marketers who are moving budgets online.

“Why? Because they see digital as crucial to brand reputation, and they’re right.”

Meanwhile, another survey released this week claimed that online spending on business to business marketing will grow by 8 per cent during the coming year, followed by a 14 per cent rise in 2012 and the reason is pretty obvious.

So what do all these numbers mean?  Businesses are recognizing that almost 1.8 billion people are now online where almost three-quarters of people in North America are now online and are more likely to use a Search Engine before they research a product anywhere else! It’s no wonder that traditional marketing such as newspapers and the yellow pages are becoming less effective. Don’t get me wrong, I’m not suggesting these are obsolete (I canceled my yellow page ads last year by-the-way). I’m just saying that all those people that said “Save the rainforest by using less paper” and chained themselves  naked to trees are really starting to win…and all they had to do was tweet!

What do you think? Is your website going to become your #1 sales person this year?

WORLD INTERNET USAGE AND POPULATION STATISTICS
Regions

Population

( 2009 Est.)

Internet Users

Dec. 31, 2000

Internet Users

Sep. 30, 2009

Penetration

(% Population)

Growth

2000-2009

Users %

of Table

Africa 991,002,342 4,514,400 67,371,700 6.8% 1,392.4% 3.9%
Asia 3,808,070,503 114,304,000 738,257,230 19.4% 545.9% 42.6%
Europe 803,850,858 105,096,093 418,029,796 52.0% 297.8% 24.1%
Middle East 202,687,005 3,284,800 57,425,046 28.3% 1,648.2% 3.3%
North America 340,831,831 108,096,800 252,908,000 74.2% 134.0% 14.6%
Latin America/Caribbean 586,662,468 18,068,919 179,031,479 30.5% 890.8% 10.3%
Oceania / Australia 34,700,201 7,620,480 20,970,490 60.4% 175.2% 1.2%
WORLD TOTAL 6,767,805,208 360,985,492
1,733,993,741 25.6% 380.3% 100.0%
NOTES: (1) Internet Usage and World Population Statistics are for September 30, 2009. (2) CLICK on each world region name for detailed regional usage information. (3) Demographic (Population) numbers are based on data from the US Census Bureau. (4) Internet usage information comes from data published by Nielsen Online, by the International Telecommunications Union, by GfK, local Regulators and other reliable sources. (5) For definitions, disclaimer, and navigation help, please refer to the Site Surfing Guide. (6) Information in this site may be cited, giving the due credit to www.internetworldstats.com. Copyright © 2001 – 2009, Miniwatts Marketing Group. All rights reserved worldwide.
Jan 31

Colour has a profound effect on how we feel both mentally and physically. Even as far back as Ancient Egypt colour was used as a tool for healing. Below are some emotional associations that we tend to have with certain colors. These are important to keep in mind in order to create the mood you are seeking. Manhatten in BlueBlue is one of the most popular colours. It also happens to be the major colour of Earth – the sky and the ocean. Blue causes the opposite reaction as red. Peaceful, tranquil blue causes the body to produce calming chemicals, so it is often used in bedrooms; however Blue can also be cold and depressing. Fashion consultants recommend wearing blue to job interviews because it symbolizes loyalty. In a working environment, People tend to be more productive in blue rooms. Studies show weightlifters are able to handle heavier weights in blue gyms. Blue represents peace, tranquility, calm, stability, harmony, unity, trust, truth, confidence, conservatism, security, cleanliness, order, loyalty, sky, water, cold, technology, and depression. Blue can slow the pulse rate, lower body temperature, and reduce appetite. Blue is considered a business colour because it reflects reliability and is often considered to be the safest global colour.

  • In China, blue is associated with immortality.
  • In Colombia, blue is associated with soap.
  • For Hindus blue is the colour of Krishna.
  • For the Jews, blue symbolizes holiness.
  • In the Middle East blue is a protective colour.

Dracula Black is the absence of light and therefore, of colour…but we’ll call it a colour anyway for now. Black is the colour of authority and power. It is popular in fashion because it makes people appear thinner. It is also stylish and timeless. Black also implies submission. Catholic priests wear black to signify submission to God. Some fashion experts say a woman wearing black implies submission to men, but it is mostly popular due to it’s slimming affects. Black outfits can also be overpowering, or make the wearer seem aloof or evil. Villains, such as Dracula, often wear black. Black represents power, sexuality, sophistication, formality, elegance, wealth, mystery, fear, evil, anonymity, unhappiness, depth, style, evil, sadness, remorse, anger, underground, good technical color, mourning and death. Red RoseRed is the most emotionally intense color, red stimulates a faster heartbeat and breathing. It also happens to be the color that we pay the most attention to. It is the warmest and most energic color in the spectrum. It is also the color of love. Red clothing gets noticed and makes the wearer appear heavier. Since it is an extreme color, red clothing might not help people in negotiations or confrontations. Red cars are popular targets for thieves. In decorating, red is usually used as an accent. Decorators say that red furniture needs to be the most perfect element in the room because it will attract the most attention. Red also happens to be what bull fighters use…this decision was made before they found out bulls were colour blind, but you see the implication :) We associate red with love, valentines, danger, desire, speed, strength, violence, anger, emergency exit signs, stop signs and blood. Red can evoke a fight-or-flight response, raise blood pressure and make the heart beat faster. Red would not be the color of choice for psychiatric wards, prisons or a hospital!

  • In China red symbolizes celebration and luck, used in many cultural ceremonies that range from funerals to weddings.
  • In India red is the color of purity (used in wedding outfits).

Forest GreenGreen is one of most-often cited favorite colors. It is currently the most popular decorating color. It is the easiest color on the eye and can improve vision. It is a calming, refreshing color. People waiting to appear on TV sit in “green rooms” to relax. Hospitals often use green because it relaxes patients – It is often worn in operating rooms by surgeons. Brides in the Middle Ages wore green to symbolize fertility. Dark green is masculine, conservative, and implies wealth. However, seamstresses often refuse to use green thread on the eve of a fashion show for fear it will bring bad luck. Green represents nature, environment, health, good luck, renewal, youth, vigor, spring, generosity, fertility, jealousy, inexperience, envy, misfortune.

  • In China, green hats mean a man’s wife is cheating on him; it is not a good color for packaging.
  • In France studies have indicated green is not a good color choice for packaging either.
  • In India green is the color of Islam.
  • In Ireland green has religious significance (Catholic).
  • In some tropical countries green is associated with danger.

Yellow AttentionYellow – cheerful sunny yellow is an attention getter. While it is considered an optimistic color, people lose their tempers more often in yellow rooms, and babies will cry more. It is the most difficult color for the eye to take in, so it can be overpowering if overused. Yellow enhances concentration, hence its use for legal pads. It also speeds metabolism. Note that the McDonald’s theme is a combination of red and yellow. Yellow represents joy, happiness, optimism, idealism, imagination, hope, sunshine, summer, gold, philosophy, dishonesty, cowardice, betrayal, jealousy, covetousness, deceit, illness, hazard, spirtuality and inspiration.

  • The yellow rose is a symbol of friendship, less passionate or threatening than red ones.
  • In Asia yellow is sacred, and imperial.

Orange SunsetOrange is a combination of yellow and red. Orange is considered a warm color like red, but to a lesser extent; orange expresses energy. It has luminous qualities and has been used for attention-getting purposes, such as on caution signs. Orange brings up memories of fall leaves, pumpkins and Halloween. It symbolizes balance, warmth, enthusiasm, vibrance, flamboyancy, and is demanding of attention.

  • In Ireland orange has religious significance (Protestant).

RockPurple is the color of royalty, purple connotes luxury, wealth, and sophistication. It is feminine and romantic. However, because it is rare in nature, purple can appear artificial. Purple represents royalty, spirituality, nobility, ceremony, mystery, transformation, wisdom, enlightenment, cruelty, arrogance, mourning. Purple is considered an exotic color. Purple dye was made from the mucous gland of a snail. It required thousands of snails to yield 1 gram of dye causing it to be a color only nobles could afford. Today purple is a trendy color targeting creative types. snowmanWhite is what we see when all colors come together in perfect balance. It represents reverence, purity, simplicity, cleanliness, peace, humility, precision, innocence, youth, birth, winter, snow, good, sterility, and marriage. We use white in figures of speech like “pure as the driven snow” or “a white lie.” We associate white with the good guy in old western movies.

  • In Japan, white carnations signify death.
  • In eastern cultures white symbolizes coldness and sterility.

Bran MuffinsBrown is solid and reliable – just like bran muffins. Brown is the color of earth and is abundant in nature. Light brown implies genuineness while dark brown is similar to wood or leather. Brown can also be sad and wistful. Men are more apt to say brown is one of their favorite colors. Brown on white can also represent dirty -like mud splashes on a car or the “other” splashes in the toilet.

Dec 23

Brain Imaging The first high-resolution map of the human cortical network generated by scientists using a new type of brain imaging known as diffusion imaging.

(Source: http://www.technologyreview.com/biomedicine/21042/page1/)

Smartphones This is the year that smartphones took off with the application market – becoming worth over $1 billion. Everyone and his dog began to “tweet” while Google Android snuck into Apple’s Marketplace, leaving Nokia, Samsung and BlackBerry trying to stay in the race with their own app stores.

Social Media Last

year, barely anyone had heard of it (apart from Stephen Fry), today it is in the world’s lexicon and has even been added to the Oxford English dictionary, as well as being named the year’s most popular word: Twitter. Whether you can’t get enough of the service or think its the refuse of people with too much time on their hands, you cannot ignore the rate at which Twtitter has gone mainstream and its effects on global Tech. These are the trends that iTeam is paying close attention to into the next decade.

Real-time Searches With sites like Twitter and FriendFeed rising in popularity and usage, Google and other search engines rapidly began to look out of date when news stations and the like began to pick up stories from users’ tweets. Case in point, the Mumbai terror attacks. As such, both Google and Bing ahve been securing real-time search elements, by signing deals with Twitter, Facebook, MySpace and others in order to produce results in a much new way.

Biological Machines Its a bird, its a plane…no wait, its a giant flower beetle that is being forced to fly a path controlled by implanted receiver, microcontroller, microbattery, and six carefully placed electrodes.

By remotely delivering jolts of electricity to its brain and wing muscles, an engineer can make the cyborg beetle take off, turn and top midflight. Don’t squash that! Its worth millions of dollars.

Nanopiezoelectronic what? Zhong Lin Wang (not to be confused with our graphic artist Zhimin Wang), a professor of materials science at Georgia Tech, is working on nanoscale devices that convert mechanical energy into power from the nano world. Although the tech has been around for a while, 2009 showed huge strides toward these little devices being able to power themselves…after all, a nano-bot with an extension cord is not very useful.

Despite the economy, the tech industry is still pulling forward in great strides. The web has proven that it cannot be stopped by economic downturns and, in fact, unemployment has strengthened many aspects of the virtual world we call the Internet.

The future is getting more and more tech and if you think the last decade has been amazing, watch the next one. The snowball has only just started to roll down the hill.

Dec 22

Implementation of ERP solution involves a hefty budget with long time and conscientious efforts for customization. With the recession taking a notch out of many budgets and a often several years of development under their belt,  open source ERP solutions have started to emerge as feasible alternative to the big names with big bank accounts. The key reasons for the diversion includes lower cost, flexibility, large group of users and independence from solution providers. Additionally, companies can easily download the open source ERP solutions and the utilize their budgets to customize them to fit the needs of the company instead of for an off-the-shelf license.

1. WebERP

weberplogo

It is a web based ERP system for small and mid sized Enterprise. The LAMP application has a stable code base and is packed with features suited for distributed businesses in wholesale and distribution. The features sales order, accounts receivable, user defined sales analysis, purchase orders, accounts payable, inventory management, general ledger, manufacturing, multi-language, multi-currency, complex tax system support. It also has multiple inventory locations with serial number and lot tracking facilities as well as full double entry accounting. In addition, it offers sales orders support for assemblies and kit-sets.

2. Openbravo

openbravo-logo
It’s one of the best open source ERP software for SMBs. Openbravo is a web-based program that was based on Compiere ERP program. It provides the entire status of a company that includes production information, inventory, customer information, order tracking and workflow information.

Openbravo accompanies wide ranging features that makes it easier to handle for end users. Some of its key features include dimensional reporting, alerts, email, keyboard navigation. It is easily configurable and tailors the existing functionality and business rules and is capable in adding many new functionality without any programming.

The ERP software offers better compatibility and sharing, allowing export of single file or a collection of files to Excel, CSV, or PDF directly from the application. Users can easily create third-party modules or plugins or even browser the directory and choose the shared functionality created by other users to install. It allows high scalability enabling deployment in single server or on a cluster of them, serving up to thousands of users. Any record in the system can be easily audited and traced to user who created it.

3. Compiere

compiere
Compiere is organized uniquely to avoid the duplication of information and the need for synchronization. With an innovative design Compiere allows easy customization of the application. Modules included in the ERP solution include Customer relationship management, Quote to Cash, Requisition-to-Pay, Partner Relations Management, Warehouse, Supply Chain Management, Performance Analysis, Double-entry Book-keeping, Work-flow-Management and Web Store.

4. xTuple

xtuple_logo
The xTuple PostBooks is an integrated ERP, CRM and accounting system, based on the xTuple ERP Suite.

Modules for ERP xTuple

  • Accounting: general ledger, accounts receivable and payable, bank reconciliation, financial reporting
  • Sales: quotes, order entry, sales reporting, shipping
  • Product Definition: items, infinite-level bills of material (BOM)
  • CRM: universal address book, incident management, opportunity management, to-do lists, project management
  • OpenRPT: open source report writer
  • Inventory: multiple locations, other advanced warehouse features
  • Light Manufacturing: work orders, strong support for make to order
  • Purchasing: purchase orders, receiving, vendor reporting

PostBooks is a cross platform application that runs equally well on Windows, Linux and Mac. It is fully internationalized with support for multiple tax structures, multi-currency, multilingual translation packs maintained by xTuple’s global community.

5.  OpenERP

openlogo
This is a complete open source ERP software, designed to address the enterprise needs and processes. OpenERP integrates accounting, hr, sales, crm, purchase, stock, production, services management, project management, marketing campaign. It offers separate client and server components and XML-RPC interfaces. Open ERP is complete and modular system with 350 modules. The ERP software has a strong MVC architecture with an object database, a dynamic GUI, distributed server, flexible workflows, and customizable reports. The database is PostgreSQL and the server part is written in Python.

The key features of OpenERP include management accounting, financial accounting, inventory management, sales and purchase management, tasks automation, Human Resource Management, marketing campaigns, help desk, and point of sale.

Apart Linux, Windows and Mac interfaces, OpenERP has an web interface eTiny that is also available for the Turbogears web framework. OpenERP is widely  used by customers looking to automate their sales processes effectively.


6. Apache OFBiz

ofbiz
It is an Open Source Enterprise Resource Planning (ERP) system that provides a suite of enterprise applications that integrates and automates several business process of an enterprise. The  framework offers a common data model and sophisticated business processes. There is a common architecture for all applications build around data, logic and process components. Apache OFBiz  is built on open source technologies and standards like JavaJava Enterprise Edition (JEE), XML and SOAP.

Apache OFBiz comes with a wide range of functionalities  that include

  • Accounting (agreements, invoicing, vendor management, general ledger)
  • Asset Maintenance
  • Catalogue and Product Management
  • Facility and Warehouse Management
  • Manufacturing
  • Order Processing
  • Inventory Management, automated stock replenishment etc.
  • Content Management System (CMS)
  • People and Group Management
  • Project Management
  • Sales Force Automation
  • Work Effort Management
  • Electronic Point Of Sale (ePOS)
  • eCommerce
  • Human resources (HR)

OFBiz introduces the concept of screens where each page typically represents a screen.  It’s architecture allows rapid customization of the application to a business needs without any new coding.

7. JFire

jfire
It is a comprehensive and flexible ERP solution for businesses of all size. The system offers enterprise processes with powerful analysis, reporting, and customization options. It has been designed to be highly customizable. JFire is a highly scalable system that can support small companies as well as giant companies with extensive user base, multi-currency & multi-language requirements. JFire is developed with the latest technologies such as J2EE 1.4, JDO 2.0, Eclipse RCP 3.3.

Key modules in JFire include

  • Accounting
  • Flexible Price Configurations
  • Store Management
  • Reporting
  • Integration with external payment and delivery interfaces
  • CRM

8. ERP5

erp5
This is a strong community that offers powerful ERP solution for small businesses. ERP5 is fully packed with features that includecustomer relationship management ( CRM), production management (MRP), supply chain management (SCM), product design management (PDM), accounting, human resources and e-commerce. For the small businesses, ERP5 has an Express edition which integrates ERP, CRM and KM funtionalities.

It offers a web based platform that can be used and configured for users and administrators through a browser. It provides an intuitive and polished user interface that makes an easy to understand ERP system.

9. Opentaps

opentaps

It is a complete open source platform. Opentaps features a modern architecture that includes a complete full ERP and CRM solution.  The ERP solution also includes mobile connectivity and built-in business intelligence tools. Key modules in opentaps are Online Store, CRM, Warehouse Application, Financials, Purchasing and Administrative Applications

Although not the best of the lot opentaps serves as one of the best open source ERP software as an alternative to expensive and inflexible commercial ERP solutions. It would perfectly fit the replacement for in-house solutions that are difficult to maintain or extend, or as a starting point to build your unique business model and processes.

10. ADempiere

adempiere
It is essentially a business suite that combines ERP, CRM and SCM support for business processes. ADempiere is an open-source ERP software that provides a framework for extending and customizing to meet business needs. Adempiere is developed in J2EE technology, especially using the JBoss application server. It’s database support is restricted to Oracle and PostgreSQL.

Dec 9

I created a Photo section on my blog to post some of the pictures I’ve taken in my spare amateur photography hours. I uploaded the first set of photos and will continue to upload new ones that I shoot and will also try to dig up some from the digital archives closet. Check out the link in the navigation bar at the top of the site. Hope you enjoy!

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