New ETF Book by Larry Connors - Click here to read more
IBM and the Pilsen Municipality will cooperate in building the foundations of a 'smart city' that will use state-of-the-art information technologies to improve the efficiency of the city's internal processes and provide better access to information and public services for the 170,000 citizens of Pilsen. The new information system will be based on software from SAP, which IBM consultants will implement and develop as part of the agreement.
'It is vital for the future that we transform our cities into accessible, dynamic and thriving communities,' said Vladek Slezingr, Global Business Services Leader, IBM Czech Republic. 'In cities like Pilsen, technology provides a cost effective way of making local systems and infrastructure smarter, improving the quality of life for citizens.'
The first stage of the project is the implementation of the city's Human Resource management system, which supports the city, its districts and the municipal police. The project will help to increase the efficiency of HR and payroll processes, improve management of education and training programs and increase the security of HR data.
Another goal of the collaboration is to leverage the information system to boost the business activities of Pilsen Urban Transport Company Inc. (Plzenske Mestske Dopravni Podniky Inc.), a subsidiary company of the city of Pilsen, which provides urban transportation services for the citizens of the city.
The new contract, which was signed in November 2008, builds on an earlier agreement between IBM and SITMP to implement new functionalities within the SAP system for the City's internal processes such as the planning, monitoring and assessment of the city's budget.
For additional resources for press on today's news, please visit: http://www.ibm.com/press/smartercities .
For more information about IBM, please visit: http://www.ibm.com
For more information about SITMP, please visit: http://www.sitmp.cz
CONTACT: Vineeta Durani, IBM Media Relations, Worldwide Tel: +1 917 472 3694 e-mail: vineeta.durani@us.ibm.com Vladimira Pavelkova, IBM Media Relations, Czech Republic Tel: +1 272 131 450 e-mail: vladimira_pavelkova@cz.ibm.com
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
