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Business and Financial
Engineering is fun but at the end of the day you need money with which to carry out your activities.  Here we take a look at the news behind the wheeling and dealing that goes on in this industry.  Business and financial engineering news really does make the world go round.

Outsourcing a sore point for Boeing unions

 
The Boeing Co . considers its 787 as a great leap forward. For the company's unions, the jet has meant a step back in their relationships with Boeing.
Sunday 21 June, 2009 03:01 PM
 

Australian firm to design Egypt's nuclear future

 
Australia's largest engineering firm has won a contract to train Egyptian nuclear engineers and advise on reactor locations and construction.
Sunday 21 June, 2009 10:56 AM
 

Chinese automakers need to improve design details and global taste

 
Founded in 1996, FAKT is headquartered in Germany and has divisions in China, Sweden and Italia. FAKT is authorized as a testing laboratory by the accreditation body of the "Kraftfahrt Bundesamt", German Approval Authority, and is one of the five independent testing laboratories accredited by the "Kraftfahrtbundesamt" for complete vehicle, systems and parts certification within the German statutory defined domain.
Monday 15 June, 2009 10:15 PM
 

With American zeal and Teutonic precision, Siemens sets out stall for the future

 
There are not very many laughs at Siemens these days. Europe’s oldest and most highly regarded engineer finds itself battered by a vicious recession just as it recovers from a sharp judicial spanking for bribery and corruption. Even so, Peter Löscher, its chief executive, had to struggle to prevent his face from breaking into a grin.
Monday 15 June, 2009 12:09 PM
 

Staying ahead with niche production

 
More than 60 years ago, three guys in Milwaukee sat around a kitchen table making toy airplanes.

They had a variety of skills and backgrounds, including the toy business, furniture sales and patent law.

Their hobby evolved into Kaysun Corp ., a Manitowoc firm that made toy airplane propellers but now makes high-tech items, such as medical devices and military electronics.
Sunday 14 June, 2009 06:42 PM
 

Federal awards favor big firms

 
Across the nation , local firms can expect to lose billions of economic stimulus dollars to large multinational corporations, thanks to a government contracting scheme that puts paperwork speed ahead of community recovery.
Monday 8 June, 2009 02:07 PM
 

Oracle, SAP set to decline: Technology One chairman

 
The business model used by Oracle and SAP is fundamentally flawed and will lead to their downfall within the next decade, says Technology One chairman Adrian Di Marco.

Speaking exclusively with ComputerworldAustralia, in a wide-ranging interview Di Marco said that the fact that SAP and Oracle use third party implementers has lead to growing customer dissatisfaction.
Monday 8 June, 2009 01:17 PM
 

Nigeria: FG Awards N23 Billion Power Contracts

 
As part of the efforts aimed at fixing the nation's power problem , the Federal government yesterday awarded various contracts worth over N25.3 billion in the power sector.
Friday 5 June, 2009 11:51 AM
 

Palm Pre Gets Mixed Early Review: Not An Apple iPhone Killer

 
Palm Pre , the smartphone that Palm hopes will revive its ailing fortunes and provide a viable smartphone competitor to Apple's iPhone and Research In Motion's Blackberry, was reviewed by The Boy Genius Report. Apparently, the Pre has some innovative and interesting features, but it also has a few quirks that could prevent it from becoming a full-on iPhone killer.
Sunday 31 May, 2009 11:31 AM
 

A big new world to engineer

 
We can't say with certainty what the world will look like 20 years from now, but experts are pretty sure about this: Population will grow from today's 6.8 billion to about 8 billion, over 5 billion people will live in cities, and they'll be buying more things, driving more cars, flying more often, throwing away more garbage, and using more power.
Saturday 30 May, 2009 07:22 AM
 

Before you buy: how Apple hardware is born

 
How does a hardware firm go about planning, developing, testing and marketing a new product?

The process involved multiple disciplines, including research and design through to project management and marketing expertise.

To find out more about the process, MacFormat magazine spoke to the following folks from Griffin, which makes peripherals for the iPhone and iPod:
Friday 22 May, 2009 12:54 PM
 

Tech backbone of manufacturing

 
The economic slowdown has forced businesses across the globe to think of alternatives for carrying out business as usual but with fewer resources. Companies across sectors are weighing various options to maximize efficiency. It is here that Product Lifecycle Management (PLM) is empowering companies to, not just carry out business as usual but also to think and go beyond the traditional four walls of business.
Friday 22 May, 2009 10:52 AM
 

Model for success

 
This decade's most remarkable business story has been the rise of Google . The company didn't even exist 10 years ago - it was incorporated by founders Larry Page and Sergey Brin, in 1998 - but it is today a juggernaut.
Monday 18 May, 2009 03:38 PM
 

Bayanat Airports To Launch New Technologies At The Airport Show 2009

 
To showcase best-in-class surveillance, communications and navigation solutions for runways, terminals, air traffic control and management as well as meet customers and partners at the niche industry event.

Bayanat Airports Engineering & Supplies , the leading airport systems integration provider, today announced that it is participating in the Airport Show 2009, which is being held at the Dubai Airport Exhibition Center from May 19-21, 2009.
Monday 18 May, 2009 11:34 AM
 

Symphony Services has grown by harmonizing with client needs : Design outsourcing

 
Leaner staffs undoubtedly will cause manufacturers to do more outsourcing of both manufacturing and product design tasks, even when the economy rebounds. Companies that operatate as business partners are more useful, especially with product design. Symphony Services explains how this relates to expansion into India and China.
Thursday 14 May, 2009 02:08 PM
 

Chrysler's Familiar Rocky Road

 
The last time Chrysler staggered up to death's door it was saved by a combination of the charismatic Lee A. Iacocca, taxpayer money and new brands that grabbed the attention of American motorists. By the mid-1980s, five years after receiving federal aid, Chrysler was profitable again, its minivan, K cars and convertible were popular, and there was a groundswell of support for an Iacocca presidential run.
Thursday 30 April, 2009 08:51 PM
 

The Indian Exception Proving the Rule

 
The Satyam scandal rocked the global business community and threatened to stifle the Indian outsourcing industry. But as the dust settles, the forces driving outsourcing are as strong as ever, with benefits for both India and the West.
Thursday 23 April, 2009 01:01 PM
 

Good agents essential for successful exporting

 
HAVING reliable local agents in your export market destination and using a freight forwarding company that understands your product go a long way to developing successful export operations.
Brian Hughes, MD of Composite Materials Engineering (CME) has agents in over 30 countries and says it is essential to have local people on the ground, working as agents for your products.
Thursday 9 April, 2009 01:59 PM
 

Shear determination

 
The bleak outlook of the economy is not frightening every manufacturer. Justin Cunningham talks to one company bucking the trend

The pace of the financial downturn accelerated in the first quarter of this year and it shows no sign of easing up
Thursday 9 April, 2009 12:53 PM
 

Fourth quarter EDA revenue down 18%

 
EDA revenue in the fourth quarter of 2008 totaled $1.32 billion, down 17.7 percent from the fourth quarter of 2007, according to data released Tuesday (April 7) by the EDA Consortium (EDAC) Market Statistics Service.
Wednesday 8 April, 2009 02:29 PM
 

Intellectual asset management in the engineering and mining sectors

 
In recent years there have been a number of studies of intellectual asset management (IAM) strategies in various industries. In particular, there is a great deal of research into how IAM is applied within the biotechnology, pharmaceutical and electronics industries. There has been very little corresponding research into IAM practices in the engineering and mining/resource industries.
Thursday 2 April, 2009 11:10 AM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson