Insights Into Oracle Software Licensing
Miro Newsletter Volume #48 February 2008
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in this issue
-- What is GRC ...and Why Should I Care?
-- Miro's Guide to Smarter Oracle Software Licensing; It's Free for the Asking
-- Miro Webinar: The Supply Management Promise, March 4
-- Deloitte Names Miro to their Prestigious Technology Fast 500 award
-- About Miro Consulting, Inc.
-- Unsubscribe
Greetings!
What is GRC ...and Why Should I Care?
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Private and public sector executives alike are under pressure today to increase their understanding of governance, risk and compliance (GRC) issues -and their ability to respond to them. They are expected to deliver against a range of key performance indicators, including profitability, customer satisfaction, revenue growth, etc. And then there's increasing demands from regulatory bodies, including Sarbanes-Oxley (SOX), Gramm Leach Bliley (GLBA), the 21 CFR Part 11 regulations concerning IT controls, and others - now and soon to follow.
They are also operating in an environment more prone to risk, as increasingly companies have either a global reach and/or their supply chain partners do. Mergers and acquisitions (M&A) only add to complexity and risk as networks of multiple business partners are brought together.
Compliance with a web of new regulations adds another dimension of complexity and risk. (Readers of this newsletter well know we talk about Oracle software license compliance, but in this case, we're referring to compliance more broadly across the enterprise and specifically beyond the realm of software license compliance).
None of this helps executives to sleep well at night. They are battling against a tide of information, and frontline staff struggle to cope. That said, regulators hold them responsible for acting on such information.
What to do? Well, many of you will wait. It's human nature to. Wait until a crisis strikes that triggers your company's scrutiny of its GRC processes and systems. Then the "blank hits the fan" and reputations -even jobs- are on the line. Executives are usually aware of the threat posed by viruses and hacking, but some may fail to truly grasp the full implications of IT risk to their business. IT applications are today behind almost all critical processes needed to run the business. Security and transparency should be built into everything you do these days. And not just to mitigate the risk of system failure, but to mitigate as well the risk of regulatory risk.
How is Oracle keeping pace here? They appear very committed to building their GRC story and offerings. Oracle's November 2007 acquisition of LogicalApps, a provider of GRC automation and monitoring technologies, strengthens their segregation of duties (SOD) and GRC application control capabilities.
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Miro's Guide to Smarter Oracle Software Licensing; It's Free for the Asking
Our free guide will help you when coping with the following questions:
To contact us for the complimentary free guide, simply click on the Free Guide link below or call 732.738.8511 x210. |
Miro Webinar: The Supply Management Promise, March 4
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Miro Webinar: The Supply Management Promise
Date: March 4, 2008, 1 pm ET (60 minutes)
Speaker: Paul Vallee, President, Pythian
Businesses in many sectors regularly apply supply management techniques that achieve annual savings of 10% or more in their contracts with suppliers. Yet these annual savings are rarely experienced in the field of IT infrastructure management; in fact, most long-term contracts in this field include inflationary clauses rather than anticipated savings.
Using database infrastructure management as an example, Paul Vallée will illustrate how supply management techniques can be extended to the field of IT infrastructure management, to place enhanced purchasing power in the hands of infrastructure managers.
Click here to register or to receive a reminder.
https://www1.gotomeeting.com/register/204538076
Deloitte Names Miro to their Prestigious Technology Fast 500 award
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Deloitte congratulates Miro Consulting, Inc. on being named to Deloitte's Technology Fast 500, an annual listing of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America based on percentage revenue growth over five years. Miro appeared as a Technology Fast 500 winner on www.fast500.com.
The North American Technology Fast 500, founded in 1995, is a program of Deloitte's Technology, Media & Telecommunications (TMT) Group. The Technology Fast 500 recognizes the 500 fastest-growing technology, media and entertainment, telecommunications and life sciences companies in the United States and Canada. Winners, selected from nominations and extensive research, are announced each fall.
About Miro Consulting, Inc.
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Since August 2000, New Jersey-based Miro Consulting, Inc. has provided advisory services to Oracle clients needing assistance in managing the fundamental changes in their software licensing assets. This highly successful consulting practice has helped 250+ clients throughout North America to optimize their total cost of ownership. Miro has overseen over $700 million in Oracle transactions.
Miro Consulting Inc. is a privately held company based in Fords, New Jersey. In 2006 and 2007, the company was recognized on the Deloitte Technology Fast 500 list as one of the fastest-growing technology companies in the U.S., and by NJBIZ as one of the 50 fastest growing companies in NJ three years' running.
Its leadership was recognized by Ernst & Young as a finalist in their prestigious Entrepreneur of the Year awards NJ in 2006 and 2007.
In addition, Inc. Magazine named Miro to the Inc. 500, which represents the nation's fastest growing private companies.
More information can be found at www.miroconsulting.comUnsubscribe
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Contact Information
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Miro Consulting, Inc. |