Nothing is more strategic than having the personnel with the appropriate skills to execute whatever strategy executives devise. In our business this is made particularly difficult because of the rapid changes in available technologies and techniques. In this month's issue of Strategic Software Engineering, The author wants to talk about...
Visions of pervasive computing and ambient intelligence involve integrating tiny microelectronic processors and sensors into everyday objects in order to make them "Smart". Smart things can explore their environment, communicate with other smart things, and interact with humans, therefore helping users to cope with their tasks in new, intuitive ways....
Managing risk lies at the heart of the financial services industry. Regulatory frameworks, such as Basel II for banking and Solvency 2 for insurance, mandate a focus on operational risk. A fast growing literature exists on the various aspects of operational risk modelling; see the list of references towards the...
It is widely accepted in academia and industry that new products or services, which are developed on a regular basis, are one of the main factors for sustainable success of companies. Although the fact itself is clear, the terminologies to describe this professional and academic field are manifold. Terms such...
The present paper explores empirically the hypothesis that ICT Information and Communication Technologies, new organizational practices and human capital are important determinants of firm efficiency and performance, further that the combined use of these three factors leads to a mutual strengthening of their impact on firm performance. The analytical framework...
What: Zurich luminaries will be showcasing leading-edge technologies and the public-private partnering behind a greener Zurich at "Plugging into the Future: Public+Private Partnering in Zurich for Sustainable Energy." This World Environment Day workshop, using the city of Zurich as a model, will provide the international delegation of mayors with a...
A general and efficient method for valuing credit derivatives based on multiple entities is developed in an affine framework. This includes interdependence of market and credit risk, joint credit migration and counterparty default risk of multiple firms. As an application it provides closed form expressions for the joint distribution of...
This presentation paper demonstrates the STARS platform for realizing computer augmented tabletop games within a smart Room ware environment. STARS dynamically couples multiple types of interaction devices such as personal digital assistants or headsets with an interactive game table. STARS augmented tabletop games provide a number of features like dynamic...
This paper is about the developing and testing of online algorithms for automatic game matching in online games. The algorithms match the most suitable fellow players that arrive within a certain time period. This process is called as criteria based matching process whereas criteria might be for example the game...
This white paper article develops some of the underlying science and describes some of the latest technological developments for achieving this goal that convert sunlight into a fuel that one can use to propel not only our cars but the entire world economy. The paper first introduces the principles of...
This paper presents a new simulation technique that is stable and fast like linear models, but without the disturbing artifacts that occur with large deformations. As a precomputation step, a linear stiffness matrix is computed for the system. At every time step of the simulation, it computes a tensor field...
The Basel Committee on Banking Supervision ("the Committee") released a consultative document that included a regulatory capital charge for operational risk. The complexity of the object "operational risk" led from the time of the document's release to vigorous and recurring discussions. This paper shows that for a production unit of...
The present paper focuses on the risk management for derivative securities via dynamic hedging. The paper studies a model of an illiquid market where the implementation of a dynamic hedging strategy has an impact on the price process of the underlying asset. In practice such a feedback effect could for...
This paper commences with an overview of the three most widely used credit risk models developed by KMV, J.P. Morgan CreditMetrics and Credit Suisse First Boston CreditRisk. The mathematical essentials of each model lie in the way the joint distribution of the so-called 'default indicators' is modeled, a vector of...
This paper focuses on the kinds of risks, which can be represented by random variables. In particular, the paper analyzes a model denoting the risk portfolio of an insurance company. The paper supposes that the management steers the company by choosing the numbers of independent risks so as to improve...
WOBURN, Mass. -- VisEn Medical, a leader in fluorescence technologies for in vivo imaging of biologic and molecular processes, today announced that Dr. Markus Rudin has joined its Scientific Advisory Board.
ZURICH, Switzerland -- Diva.AG is one of the world's leading digital distribution solutions for award winning independent movies and true classics. Traditionally a Diva (Greek for "divine one") is a woman of rare, outstanding talent, a true goddess of the silver screen. To us Diva...
Using a Blue Gene supercomputer,scientists of the Swiss Federal Institute of Technology Zurich ETH andthe IBM (NYSE: IBM) Zurich Research Laboratory demonstrated the mostextensive simulation yet of real human bone structures, providing doctors a"high definition" view of the strength and fragility of bones they neverhad before. This achievement...
* Celebrating the Diversity of Biotechnology - Industrial Biotechnology, Systems Biology and Biomedicine HANNOVER, Germany -- From 7 to 9 October 2008, the scientific conference European BioPerspectives is taking place for the first time in parallel with BIOTECHNICA - Europe's leading biotechnology show - in...
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