Paperless Technology Leaders in the News - Unisource, Cisco, Autodesk, Microsoft, Concur Technologies
CORAL SPRINGS, Florida, August 24, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues news updates for today's technology leaders in the news that are poised for break out and trading higher from current levels next week: Unisource Corporation (OTC: USRC), Cisco Systems Inc. (NASDAQ: CSCO), Autodesk, Inc. (NASDAQ: ADSK), Microsoft Corp. (NASDAQ: MSFT) and Concur Technologies, Inc. (NASDAQ: CNQR).
Unisource Corporation (OTC: USRC) Headline: Unisource to Launch Visionvault Cloud Document Storage Application. Unisource Corporation today announced the deployment of Visionvault, a new enhanced module to the Visionship G3 system, launching this September. Visionvault is a new and intuitive Cloud-Based document storage application, which when connected to Visionpad - the company's mobile paper free shipping solution - will give users real time access to any signed, executed and stored document.
"Today more than 90% of manufacturers and distributors retain paper copies of specific transportation documents for a year or longer, and almost every company continues to do this manually, using typical folders and filing cabinets. Many other companies also pay a 3rd party to scan and electronically file paper documents for them at significant cost. With the release of Visionvault, these costs in time, storage space, and scanning can be removed." stated Bill Wood, CEO of Unisource."
To read the entire press release, please go to http://finance.yahoo.com/q/h?s=USRC+Headlines
Subsidiary, Visionship Inc. - Visionvault's intuitive query capability gives users the ability to locate any stored company document, as well as discrete information within any document, in only a few seconds. This represents tremendous cost savings and efficiency improvements when compared to manual filing processes, creating substantial time savings and increased accuracy across all departments. Companies evolving to Visionship G3's paper free platform will receive Visionvault access for FREE, as a "value added" module on the SaaS (Software as a Service) Visionship G3 pricing license platform. "Helping companies today evolve to a less costly, more accurate, and paper free environment is one of our core beliefs as a company," said Jordan Serlin, Chairman and CEO of Unisource Corp. "Visionvault makes this a reality, and will provide additional sought-after transparency as well as instant, real-time documentation access across our customer operations."
The chief executive of Cisco Systems Inc. (NASDAQ: CSCO) said a decision to cut 4,000 jobs despite fourth-quarter profit growth was the most "difficult decision," but necessary to help the company transition for the future in an inconsistent market. John Chambers, the CEO of California-based Cisco Systems, spoke about company strategy, his perspective on leadership, his view of the future of the role of the Internet and about the pace of market change at a gathering of business leaders in Raleigh on Thursday. "You can imagine how difficult that was," he said of the move to cut the workers, one of a series of reductions for the company in the past several years. Attempts to determine the impact of the recent cut on the company's Research Triangle Park operations were unsuccessful.
Autodesk, Inc. (NASDAQ: ADSK) today reported financial results for the second quarter of fiscal 2014. Second Quarter Fiscal 2014 - Revenue was $562 million, a decrease of 1 percent, compared to the second quarter of fiscal 2013 as reported and an increase of 2 percent on a constant currency basis. - GAAP operating margin was 15 percent, compared to 16 percent in the second quarter of fiscal 2013. - Non-GAAP operating margin decreased by approximately 100 basis points to 24 percent, compared with 25 percent in the second quarter of fiscal 2013. A reconciliation of GAAP to non-GAAP results is provided in the accompanying tables. - GAAP diluted earnings per share were $0.27, compared to $0.28 in the second quarter of fiscal 2013. Non-GAAP diluted earnings per share were $0.45, compared to $0.48 in the second quarter of fiscal 2013. Read the entire financial report at http://finance.yahoo.com/news/autodesk-reports-second-quarter-results-200100346.html
Microsoft Corp. (NASDAQ: MSFT) today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most. Read the full story at http://finance.yahoo.com/news/microsoft-ceo-steve-ballmer-retire-130100844.html
Concur Technologies, Inc. (NASDAQ: CNQR) provides integrated travel and expense management solutions for companies of various industries, sizes, and geographies worldwide. The company’s cloud computing solutions help companies and their employees to streamline the expense management, travel procurement, itinerary management, and invoice management processes. The Company recently announced it will be highlighting innovative TMC solutions in their booth at GBTA 2013 Convention in San Diego. As part of Concur's vision to enable The Perfect Trip - linking TMCs, travelers and suppliers together via the open platform of the Concur T&E Cloud - these TMC partners are leveraging Concur's platform to deliver exceptional service to their clients.
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