Q3 Technologies is a large diversified technology company offering technology consulting and outsourcing software products and applications development services to the global IT industry, will be exhibiting at the OutsourceWorld 2009 that is going to be held in New York (USA) from 11^th Nov’09 to 12^th Nov’09. This will be Q3 Technologies’ second participation at the OutsourceWorld.

OutsourceWorld is a pure-play business trade platform for executives who have a need to outsource business services. OutsourceWorld is the premier industry event, which focuses on sourcing and globalization and provides an excellent platform for software companies to reach out to the global market. OutsourceWorld is an event crafted for business leaders charged with strengthening their organization, improving competitiveness and increasing profit margins in an economy that has undergone significant structural changes.

At Global Sourcing Forum and Expo (GSFE), participating companies would get an opportunity to learn from influential leaders, executives, and practitioners who are leveraging global services to tackle economic challenges and to strategically grow their business.

This event is unique as it brings academics, thought leaders, sourcing executives and global suppliers from over 25 countries, all in just 2 days under one roof to discuss debate and learn about the challenges and opportunities posed by changes in their industry. This event has a great significance for medium and large-sized companies that are increasingly adopting global sourcing and offshoring as a competitive tool.

Exhibitors like Q3 technologies use this platform as a launch pad for their latest products. This is a 2 day IT event that will have the largest presence of  IT and ITES (IT enabled companies) companies with their innovative IT products & services. In addition, Q3 will explore established and emerging client destinations and follow best practices to successfully source, manage and deliver global services.

At OutsourceWorld 2009, Q3 technologies would be showcasing its expertise across a gamut of innovative solutions built around cutting-edge technologies in Microsoft .Net, Java and other open source platforms.

The next few days will see hectic activities in the company’s development center (India) and overseas offices as preparations are made for OutsourceWorld 2009. Q3 Technologies will also be exhibiting at the ESC IT Meet to be held on 9^th Nov’09 at Bogota, Colombia. This meet will have presence of  software companies with their innovative IT products & services.

Business intelligence is a broad category of applications and technologies for gathering, storing, analyzing, and providing access to data to help enterprise users make better business decisions. Business intelligence applications include the activities of decision support systems, query and reporting, online analytical processing (OLAP), statistical analysis, forecasting, and data mining.

Business Intelligence becomes effective when it provides insight and helps you to predict outcomes. Business Intelligence helps you to track your mistakes, control your present, and forecast future results based on your business decisions. Business Intelligence gives the maximum benefit to customers in terms of cost savings, improved quality, access to highly talented professionals, flexibility of operations, and reduced time to market. Business intelligence services are driven towards customer’s current and future needs in mind, providing feature-rich solutions that are built on standard technologies. BI services have helped customers and partners increase productivity and efficiency by transforming data into actionable information.

Business Intelligence solutions can:

• Reduce the total cost of managing and delivering information

• Support self-service access to information for employees, partners, and clients

• Promote collaboration/workflow

• Automate legacy processes

• Reduce cost of business operations

Some of the Business Intelligence services are:

• Reporting: Provides you the access of a complete list of report types. The reporting capability helps you to personalize the style and quality of business intelligence delivered to your key stakeholders so that you are able to expand the community of business intelligence users.

• Analysis: Enables the guided exploration of information that pertains to all dimensions of your business, regardless of where the data is stored. The analysis solution in BI helps to analyze and report against online analytical processing (OLAP) and dimensionally aware relational sources. The analysis capability helps you to personalize the style and quality of business intelligence delivered to the client. OLAP tools, such as Business Objects and Hyperion are geared towards slicing and dicing of the data.

• Dashboards: Help in the communication of complex information quickly. Dashboards translate information from your various corporate systems and data into visually rich presentations, using gauges, maps, charts, and other graphical elements to show multiple results together. Dashboards are operational, tactical, and strategic helping you to monitor, measure, and manage corporate performance.

Online Marketplace – A Real Boom in the Market

The Internet has dramatically changed how people sell and buy goods. In recent years, we have seen the emergence of electronic marketplaces that leverage information technology to create more efficient markets like online auctions to bring together buyers and sellers with greater effectiveness at a massive scale. Despite the growing interest in and importance of such marketplaces, our understanding of how the design of the marketplace affects its use is still quite limited. There are many types of e-marketplace based on a range of business models. They can be operated by an independent third party, or be run by some form of industry consortium that has been set up to serve a particular sector or marketplace.

Services offered by e-marketplaces include electronic catalogues for online purchasing of goods and services, business directory listings and online auctions. Online exchanges, also known as trading hubs, are websites where buyers and sellers trade goods and services online. Online exchanges vary according to the size and number of companies using them and the type of commodity traded. There are already successful exchanges in markets as diverse as energy, textiles and logistics.

Below is the list of different types of online exchanges:

• Request for quotation – An invitation to suppliers to provide a quote for a specific product or service.

• Request for bid – An invitation to buyers to bid for a specific product or service that you deal in.

• Commodity exchange – An ongoing process where the price of a standardized commodity, such as energy or telecoms bandwidth continuously changes as a result there is change in the supply and demand.

Like online auctions, online markets allow participants to trade straightforwardly with a wide variety of buyers and sellers. Two of the biggest factors driving the growth of exchanges are that large businesses can use them to reduce stock holdings while small businesses can bid collectively to earn volume discounts or to jointly deliver a large contract.