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  • Screencasts introducing C++ AMP

    - by Daniel Moth
    It has been almost 2.5 years since I last recorded a screencast, and I had forgotten how time consuming they are to plan/record/edit/produce/publish, but at the same time so much fun to see the end result! So below are links to 4 screencasts to teach you C++ AMP basics from scratch (even if you class yourself as a .NET developer you'll be able to follow). Setup code - part 1 array_view, extent, index - part 2 parallel_for_each - part 3 accelerator - part 4 If you have comments/questions about what is shown in each video, please leave them at each video recoding. If you have generic questions about C++ AMP, please ask in the C++ AMP MSDN forum. Comments about this post by Daniel Moth welcome at the original blog.

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  • Cumulative Feature Overview Tool

    - by Matthew Haavisto
    The popular Cumulative Feature Overview Tool now has a new column that indicates if functionality was introduced in a bundle or maintenance pack (see example).   The CFO tool helps you plan your upgrades by providing concise descriptions of new and enhanced solutions and functionality that have become available between your starting and target releases. You simply identify the products you own, your existing release, and your target implementation release. With a single click, the tool quickly produces a customized set of high-level, concise descriptions of features developed between your starting and target releases. The CFO is available for PeopleTools as well as PeopleSoft applications.

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  • WebLogic Advisor WebCasts on-demand

    - by JuergenKress
    The Oracle Support team has made several recordings for WebLogic experts. To see the recordings, you need to get access to support.oracle.com. If you need your Support ID please contact OPN PBC. Title Download/Playback .pdf Troubleshooting Oracle WebLogic Server JMS Download/Playback PDF Troubleshooting Oracle Weblogic Server Hangs Download/Playback PDF How to plan for a new installation of Oracle Fusion Middleware 11g Download/Playback PDF For more information please follow and contact our Support team: @weblogicsupport Follow the Oracle WebLogic Support Proactive Team on twitter for the latest news on support resources, services, tools, demos, webcasts and much more. WebLogic Partner Community For regular information become a member in the WebLogic Partner Community please visit: http://www.oracle.com/partners/goto/wls-emea ( OPN account required). If you need support with your account please contact the Oracle Partner Business Center. Blog Twitter LinkedIn Mix Forum Wiki Technorati Tags: WebLogic,WebLogic Community,Java Message Service,Java Spring,WebLogic Support,WebLogic Advisor WebCasts

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  • Any recommended forum software for commercial/busniess discussion

    - by Nick
    I am looking to create a commercial or business trading discussion board. I plan to get a forum software to install to my hosting. My main concern is the security, as I need to ensure the discussion info is shared safely among the board members only, not lack to outsiders. Cost whether Free/Paid is fine with me. Feature: Account management, Theme of forum is customizable On my mind, I have phpBB, Simple machines, bbPress but I am not sure which will fill my need. Thus, please advise what forum software will be the best choice and recommended. Thank you

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  • Data Warehouse Best Practices

    - by jean-pierre.dijcks
    In our quest to share our endless wisdom (ahem…) one of the things we figured might be handy is recording some of the best practices for data warehousing. And so we did. And, we did some more… We now have recreated our websites on Oracle Technology Network and have a separate page for best practices, parallelism and other cool topics related to data warehousing. But the main topic of this post is the set of recorded best practices. Here is what is available (and it is a series that ties together but can be read independently), applicable for almost any database version: Partitioning 3NF schema design for a data warehouse Star schema design Data Loading Parallel Execution Optimizer and Stats management The best practices page has a lot of other useful information so have a look here.

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  • Windows Azure guidance from the Patterns and Practices team

    - by Eric Nelson
    The P&P team have started to share guidance on the Windows Azure Platform.  They plan to group their efforts around: 1. Moving to the Cloud 2. Integrating with the Cloud 3. Leveraging the Cloud First up is a document which explains the capabilities and limitations of Enterprise Library 5.0 Beta 2 in terms of use within .NET applications designed to run with the Windows Azure platform. You can download it here. Related Links: UK Azure Online Community – join today. UK Windows Azure Site Start working with Windows Azure

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  • Oracle GRC in Leader’s Quadrant on Gartner’s Magic Quadrant for Enterprise Governance Risk and Compliance Platforms

    - by Di Seghposs
    Once again Gartner has recognized Oracle as a Leader in their Magic Quadrant for Enterprise Governance Risk and Compliance (EGRC) Platforms report, stating that “Oracle remains in the Leader’s quadrant based on overall corporate viability, proven execution against its road map, and advanced capabilities to integrate risk management and performance management.”  In the report, Gartner cited that Oracle clearly understands the GRC challenges faced by a number of verticals, and also the trends toward the integration of risk management and performance management.  Gartner produces Magic Quadrant reports to provide guidance to their clients on available solutions in specific categories. This Magic Quadrant reports takes a holistic view of EGRC solutions and based on selected criteria, places vendors in one of the four quadrants - leaders, challengers, visionaries and niche. We are proud to be in the leader category! Click here to read the full report. Congratulations to our product development, strategy, and marketing teams for creating a world-class, market-leading GRC solution! Oracle GRC: Designed to manage risk, improve controls and reduce costs

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  • HDFC Bank's Journey to Oracle Private Database Cloud

    - by Nilesh Agrawal
    One of the key takeaways from a recent post by Sushil Kumar is the importance of business initiative that drives the transformational journey from legacy IT to enterprise private cloud. The journey that leads to a agile, self-service and efficient infrastructure with reduced complexity and enables IT to deliver services more closely aligned with business requirements. Nilanjay Bhattacharjee, AVP, IT of HDFC Bank presented a real-world case study based on one such initiative in his Oracle OpenWorld session titled "HDFC BANK Journey into Oracle Database Cloud with EM 12c DBaaS". The case study highlighted in this session is from HDFC Bank’s Lending Business Segment, which comprises roughly 50% of Bank’s top line. Bank’s Lending Business is always under pressure to launch “New Schemes” to compete and stay ahead in this segment and IT has to keep up with this challenging business requirement. Lending related applications are highly dynamic and go through constant changes and every single and minor change in each related application is required to be thoroughly UAT tested certified before they are certified for production rollout. This leads to a constant pressure in IT for rapid provisioning of UAT databases on an ongoing basis to enable faster time to market. Nilanjay joined Sushil Kumar, VP, Product Strategy, Oracle, during the Enterprise Manager general session at Oracle OpenWorld 2012. Let's watch what Nilanjay had to say about their recent Database cloud deployment. “Agility” in launching new business schemes became the key business driver for private database cloud adoption in the Bank. Nilanjay spent an hour discussing it during his session. Let's look at why Database-as-a-Service(DBaaS) model was need of the hour in this case  - Average 3 days to provision UAT Database for Loan Management Application Silo’ed UAT environment with Average 30% utilization Compliance requirement consume UAT testing resources DBA activities leads to $$ paid to SI for provisioning databases manually Overhead in managing configuration drift between production and test environments Rollout impact/delay on new business initiatives The private database cloud implementation progressed through 4 fundamental phases - Standardization, Consolidation, Automation, Optimization of UAT infrastructure. Project scoping was carried out and end users and stakeholders were engaged early on right from planning phase and including all phases of implementation. Standardization and Consolidation phase involved multiple iterations of planning to first standardize on infrastructure, db versions, patch levels, configuration, IT processes etc and with database level consolidation project onto Exadata platform. It was also decided to have existing AIX UAT DB landscape covered and EM 12c DBaaS solution being platform agnostic supported this model well. Automation and Optimization phase provided the necessary Agility, Self-Service and efficiency and this was made possible via EM 12c DBaaS. EM 12c DBaaS Self-Service/SSA Portal was setup with required zones, quotas, service templates, charge plan defined. There were 2 zones implemented - Exadata zone  primarily for UAT and benchmark testing for databases running on Exadata platform and second zone was for AIX setup to cover other databases those running on AIX. Metering and Chargeback/Showback capabilities provided business and IT the framework for cloud optimization and also visibility into cloud usage. More details on UAT cloud implementation, related building blocks and EM 12c DBaaS solution are covered in Nilanjay's OpenWorld session here. Some of the key Benefits achieved from UAT cloud initiative are - New business initiatives can be easily launched due to rapid provisioning of UAT Databases [ ~3 hours ] Drastically cut down $$ on SI for DBA Activities due to Self-Service Effective usage of infrastructure leading to  better ROI Empowering  consumers to provision database using Self-Service Control on project schedule with DB end date aligned to project plan submitted during provisioning Databases provisioned through Self-Service are monitored in EM and auto configured for Alerts and KPI Regulatory requirement of database does not impact existing project in queue This table below shows typical list of activities and tasks involved when a end user requests for a UAT database. EM 12c DBaaS solution helped reduce UAT database provisioning time from roughly 3 days down to 3 hours and this timing also includes provisioning time for database with production scale data (ranging from 250 G to 2 TB of data) - And it's not just about time to provision,  this initiative has enabled an agile, efficient and transparent UAT environment where end users are empowered with real control of cloud resources and IT's role is shifted as enabler of strategic services instead of being administrator of all user requests. The strong collaboration between IT and business community right from planning to implementation to go-live has played the key role in achieving this common goal of enterprise private cloud. Finally, real cloud is here and this cloud is accompanied with rain (business benefits) as well ! For more information, please go to Oracle Enterprise Manager  web page or  follow us at :  Twitter | Facebook | YouTube | Linkedin | Newsletter

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  • CLR via C# 3rd Edition is out

    - by Abhijeet Patel
    Time for some book news update. CLR via C#, 3rd Edition seems to have been out for a little while now. The book was released in early Feb this year, and needless to say my copy is on it’s way. I can barely wait to dig in and chew on the goodies that one of the best technical authors and software professionals I respect has in store. The 2nd edition of the book was an absolute treat and this edition promises to be no less. Here is a brief description of what’s new and updated from the 2nd edition. Part I – CLR Basics Chapter 1-The CLR’s Execution Model Added about discussion about C#’s /optimize and /debug switches and how they relate to each other. Chapter 2-Building, Packaging, Deploying, and Administering Applications and Types Improved discussion about Win32 manifest information and version resource information. Chapter 3-Shared Assemblies and Strongly Named Assemblies Added discussion of TypeForwardedToAttribute and TypeForwardedFromAttribute. Part II – Designing Types Chapter 4-Type Fundamentals No new topics. Chapter 5-Primitive, Reference, and Value Types Enhanced discussion of checked and unchecked code and added discussion of new BigInteger type. Also added discussion of C# 4.0’s dynamic primitive type. Chapter 6-Type and Member Basics No new topics. Chapter 7-Constants and Fields No new topics. Chapter 8-Methods Added discussion of extension methods and partial methods. Chapter 9-Parameters Added discussion of optional/named parameters and implicitly-typed local variables. Chapter 10-Properties Added discussion of automatically-implemented properties, properties and the Visual Studio debugger, object and collection initializers, anonymous types, the System.Tuple type and the ExpandoObject type. Chapter 11-Events Added discussion of events and thread-safety as well as showing a cool extension method to simplify the raising of an event. Chapter 12-Generics Added discussion of delegate and interface generic type argument variance. Chapter 13-Interfaces No new topics. Part III – Essential Types Chapter 14-Chars, Strings, and Working with Text No new topics. Chapter 15-Enums Added coverage of new Enum and Type methods to access enumerated type instances. Chapter 16-Arrays Added new section on initializing array elements. Chapter 17-Delegates Added discussion of using generic delegates to avoid defining new delegate types. Also added discussion of lambda expressions. Chapter 18-Attributes No new topics. Chapter 19-Nullable Value Types Added discussion on performance. Part IV – CLR Facilities Chapter 20-Exception Handling and State Management This chapter has been completely rewritten. It is now about exception handling and state management. It includes discussions of code contracts and constrained execution regions (CERs). It also includes a new section on trade-offs between writing productive code and reliable code. Chapter 21-Automatic Memory Management Added discussion of C#’s fixed state and how it works to pin objects in the heap. Rewrote the code for weak delegates so you can use them with any class that exposes an event (the class doesn’t have to support weak delegates itself). Added discussion on the new ConditionalWeakTable class, GC Collection modes, Full GC notifications, garbage collection modes and latency modes. I also include a new sample showing how your application can receive notifications whenever Generation 0 or 2 collections occur. Chapter 22-CLR Hosting and AppDomains Added discussion of side-by-side support allowing multiple CLRs to be loaded in a single process. Added section on the performance of using MarshalByRefObject-derived types. Substantially rewrote the section on cross-AppDomain communication. Added section on AppDomain Monitoring and first chance exception notifications. Updated the section on the AppDomainManager class. Chapter 23-Assembly Loading and Reflection Added section on how to deploy a single file with dependent assemblies embedded inside it. Added section comparing reflection invoke vs bind/invoke vs bind/create delegate/invoke vs C#’s dynamic type. Chapter 24-Runtime Serialization This is a whole new chapter that was not in the 2nd Edition. Part V – Threading Chapter 25-Threading Basics Whole new chapter motivating why Windows supports threads, thread overhead, CPU trends, NUMA Architectures, the relationship between CLR threads and Windows threads, the Thread class, reasons to use threads, thread scheduling and priorities, foreground thread vs background threads. Chapter 26-Performing Compute-Bound Asynchronous Operations Whole new chapter explaining the CLR’s thread pool. This chapter covers all the new .NET 4.0 constructs including cooperative cancelation, Tasks, the aralle class, parallel language integrated query, timers, how the thread pool manages its threads, cache lines and false sharing. Chapter 27-Performing I/O-Bound Asynchronous Operations Whole new chapter explaining how Windows performs synchronous and asynchronous I/O operations. Then, I go into the CLR’s Asynchronous Programming Model, my AsyncEnumerator class, the APM and exceptions, Applications and their threading models, implementing a service asynchronously, the APM and Compute-bound operations, APM considerations, I/O request priorities, converting the APM to a Task, the event-based Asynchronous Pattern, programming model soup. Chapter 28-Primitive Thread Synchronization Constructs Whole new chapter discusses class libraries and thread safety, primitive user-mode, kernel-mode constructs, and data alignment. Chapter 29-Hybrid Thread Synchronization Constructs Whole new chapter discussion various hybrid constructs such as ManualResetEventSlim, SemaphoreSlim, CountdownEvent, Barrier, ReaderWriterLock(Slim), OneManyResourceLock, Monitor, 3 ways to solve the double-check locking technique, .NET 4.0’s Lazy and LazyInitializer classes, the condition variable pattern, .NET 4.0’s concurrent collection classes, the ReaderWriterGate and SyncGate classes.

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  • Web Platform Installer 2.0 and Visual Studio Web Developer 2010 Express

    - by The Official Microsoft IIS Site
    I was setting up a new machine for presentations and I was getting ready to install Visual Studio 2010 Express   and figured I'd go see if the Web Platform Installer (we call it "Web-P-I") had the new versions of VS2010 ready to go. If you're not familiar, I've blogged about this before. WebPI is a 2meg download that basically sets up your machine for Web Development and downloads whatever you need automatically. It's a cafeteria plan for Microsoft Web Development....(read more)

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  • Going into Web Development without a C.S. Degree - Suggestions

    - by Klaint Cokeman
    I plan on seeking a career in web development and I'm about two semesters away from graduating with a CIS degree. Although I'm very satisfied with my choice of degree, I'm concerned that I may be lacking knowledge in a few areas because of not majoring in computer science. The programming side of things is no problem for me, I'm just wondering to what extent data structures/theory/etc. might benefit me to learn over spending more time with hands-on programming... and also what aspects of C.S. would be most appropriate to look into you would think would be most applicable to web development. In short, I'd like to expand my horizons a little bit. I'd very much appreciate and advice/suggestions/book or tutorial recommendations, etc. Thanks.

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  • WCF Error when using “Match Data” function in MDS Excel AddIn

    - by Davide Mauri
    If you’re using MDS and DQS with the Excel Integration you may get an error when trying to use the “Match Data” feature that uses DQS in order to help to identify duplicate data in your data set. The error is quite obscure and you have to enable WCF error reporting in order to have the error details and you’ll discover that they are related to some missing permission in MDS and DQS_STAGING_DATA database. To fix the problem you just have to give the needed permession, as the following script does: use MDS go GRANT SELECT ON mdm.tblDataQualityOperationsState TO [VMSRV02\mdsweb] GRANT INSERT ON mdm.tblDataQualityOperationsState TO [VMSRV02\mdsweb] GRANT DELETE ON mdm.tblDataQualityOperationsState TO [VMSRV02\mdsweb] GRANT UPDATE ON mdm.tblDataQualityOperationsState TO [VMSRV02\mdsweb] USE [DQS_STAGING_DATA] GO ALTER AUTHORIZATION ON SCHEMA::[db_datareader] TO [VMSRV02\mdsweb] ALTER AUTHORIZATION ON SCHEMA::[db_datawriter] TO [VMSRV02\mdsweb] ALTER AUTHORIZATION ON SCHEMA::[db_ddladmin] TO [VMSRV02\mdsweb] GO Where “VMSRV02\mdsweb” is the user you configured for MDS Service execution. If you don’t remember it, you can just check which account has been assigned to the IIS application pool that your MDS website is using:

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  • How to render axometric/isometric tiles that are a 2d array in logic, but inclined 45º visually?

    - by TheLima
    I am making a tile-based strategy game which i plan to have 2.5D visuals in an axometric/isometric fashion. Right now i'm programming it's logic and rendering it as a literal 2-dimensional array (perfect squares, like an isometric top-down-view). In short, i have something like this: And i want to turn it to something like this: Do i keep going on the 2d-array logic? Is it all just a change in rendering behavior, as i'm thinking it is? or 2d-array is the wrong approach for my objective and I should change before it's too late? What are the ways of doing it, anyways? How should i apply the 2.5D axometric/isometric view (45º rotation to the side, and 45º rotation upwards)?

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  • how should I network my turn based game?

    - by ddriver1
    I'm writing a very basic turn based strategy game which allows a player to select units and attack enemy units on their turn. The game is written in Java using the slick2d library and I plan to use kyronet for the networking api. I want the game to be networked, but I do not know how I should go about it. My current idea is to connect two users together, and the first one to join the game becomes the game host, while the other becomes the client. However after reading http://gafferongames.com/networking-for-game-programmers/what-every-programmer-needs-to-know-about-game-networking/ it seems my game would be suited to a peer to peer lockstep model. Would that make programming the networking side much easier? Any suggestions on how I should structure my networking would be greatly appreciated

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  • Win a free pass for Silverlight Tour in Vancouver, D-10!!

    As you may know, the Silverlight Tour Training is coming to Vancouver in may. If you plan to attend, this might be interesting: you can win one free pass to this Vancouver Silverlight 4 workshop in May 3-6, 2010 ($1,995 CAD value) by visiting the SilverlightShow.net community website and participate in the draw! (the pass does not include travel and hotel, only the course). Take the chance to get an intensive course on Silverlight 4 in this four-day training! Learn the ins and outs of...Did you know that DotNetSlackers also publishes .net articles written by top known .net Authors? We already have over 80 articles in several categories including Silverlight. Take a look: here.

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  • Win a free pass for Silverlight Tour in Vancouver, D-10!!

    - by pluginbaby
    As you may know, the Silverlight Tour Training is coming to Vancouver in may. If you plan to attend, this might be interesting: you can win one free pass to this Vancouver Silverlight 4 workshop in May 3-6, 2010 ($1,995 CAD value) by visiting the SilverlightShow.net community website and participate in the draw! (the pass does not include travel and hotel, only the course). Take the chance to get an intensive course on Silverlight 4 in this four-day training! Learn the ins and outs of design, development and server-side programming with Silverlight in an exciting way, through a mix of lessons, demonstrations and hands-on labs. Enter the draw before April 1st, 2010! The winner will be announced on April 2nd, 2010 in www.silverlightshow.net. Good Luck! Technorati Tags: Silverlight training,Silverlight Tour

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  • What's wrong with relative imports in Python?

    - by Oddthinking
    I recently upgraded versions of pylint, a popular Python style-checker. It has gone ballistic throughout my code, pointing out places where I import modules in the same package, without specifying the full package path. The new error message is W0403. W0403: Relative import %r, should be %r Used when an import relative to the package directory is detected. Example For example, if my packages are structured like this: /cake /__init__.py /icing.py /sponge.py /drink and in the sponge package I write: import icing instead of import cake.icing I will get this error. While I understand that not all Pylint messages are of equal importance, and I am not afraid to dismiss them, I don't understand why such a practice is considered a poor idea. I was hoping someone could explain the pitfalls, so I could improve my coding style rather than (as I currently plan to do) turning off this apparently spurious warning.

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  • Expected sprint completion rate and load in scrum?

    - by bjarkef
    Recently at work there have been increased focus on completion rate and load on the developers in our sprints. With completion rate I mean, if we plan 20 user stories for a sprint, what percentage of these user stories are closed at the end of the sprint. And with load I mean, if we have a sprint with 3 developers of 60 hours each, i.e. 180 hours for the sprint, how many hours worth of user stories do we schedule for the sprint. So I am really interested in others experience with this, I guess this is something everybody working with scrum deals with. My question is, what completion rate and load are expected/usual, and how are your team doing with respect to these parameters?

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  • You Couldn’t Write it !! ( part 1 )

    - by GrumpyOldDBA
    This post was inspired by a developer and I think illustrates the gulf that can sometimes exist between IT and the business. I should point out that this post is the diplomatic version! Initially I was sent a simple search for a person with a question about why the query plan showed a sort when there was no sort in the query and why did the sort show it was 40% of the query. ( The point about the sort belongs to another post some time. ) Easy answer to the duration was that this was a leading wild...(read more)

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  • ¿Quieres conocer el impacto del rollout de Oracle Transportation Management en Unilever Europa?

    - by user703855
    Unilever anuncia un nuevo proyecto logístico que le permitirá alcanzar en 2014 una reducción aproximada de 200 millones de km anuales en la distancia recorrida por sus camiones. Estos datos toman como referencia los niveles de tráfico de 2010 en Europa.   Jan Zijderveld, Presidente de Unilever Europa, afirma: “Este proyecto es un gran paso en nuestro plan de Sostenibilidad. La reducción del número de km que necesitan realizar nuestros camiones implicará una reducción muy significativa del impacto medioambiental de nuestra cadena de suministro. Pero los beneficios de negocio obtenidos a través de dicha iniciativa son igualmente importantes. Demuestran, una vez más, el caso de negocio implícito en la obtención de dicha sostenibilidad. No sólo reduciremos nuestras emisiones de carbono, sino que los ahorros obtenidos a largo plazo de dicha reducción nos ayudaran a ser más eficientes y efectivos en términos de coste. “ Puedes leer la nota de prensa completa de Unilever aquí

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  • MySQL Connect and OurSQL Interview

    - by Keith Larson
    In the latest episode of our "Meet The MySQL Experts" podcast, I had the pleasure of being able to interview the hosts of the OurSQL podcast, Sheeri Cabral of Mozilla and Gerry Narvaja of Tokutek, about the upcoming MySQL Connect Conference.  Enjoy the podcast ! MySQL Connect Blog posts: MySQL Connect: New Keynote Announced MySQL Connect: Sessions From Users and Customers MySQL Connect: Some Fun Stuff! MySQL Connect: Replication Sessions MySQL Connect: Optimizer Sessions MySQL Connect: Focus on InnoDB Sessions Interview with Ronald Bradford about MySQL Connect Interview with Sarah Novotny about MySQL Connect Interview with Giuseppe Maxia "the datacharmer" about MySQL Connect Interview with Lenz Grimmer about MySQL Connect Plan Your MySQL Connect Conference With Schedule Builder You can check out the full program here as well as in the September edition of the MySQL newsletter. Not registered yet? You can still save US$ 300 over the on-site fee – Register Now!

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  • New Horizons now less than 6 Au from Pluto

    - by TATWORTH
    Originally posted on: http://geekswithblogs.net/TATWORTH/archive/2013/06/22/new-horizons-now-less-than-6-au-from-pluto.aspxThe New Horizons space craft as of 13:00 hrs UTC yesterday is now within 6 AU of  its next target - Pluto. While this is still a long way yet from Pluto, it is the closest spacecraft to Pluto. Closest approach is now some 752 days away on 14 July 2015.There are very interesting articles on the investigation work the New Horizons team has done to plan the path of New Horizons through the Plutonian system:http://pluto.jhuapl.edu/overview/piPerspective.phphttp://pluto.jhuapl.edu/news_center/news/20130614.phpWell done New Horizons team!

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  • What Will Happen to Real Estate Leases when Operating Leases are Gone?

    - by Theresa Hickman
    Many people are concerned about what will happen to real estate leases when FASB and IASB abolish operating leases. They plan to unveil the proposed standards on treating leases this summer as part of the convergence project but no "finalized ruling" is expected for at least a year because it will need to get formal consensus from many players, such as the SEC, American Association of Investors, Congress, the Big Four, American Associate of Realtors, the international equivalents of these, etc. If your accounting is a bit rusty, an Operating Lease is where you lease equipment or some asset for a shorter period than the actual (expected) life of the asset and then give the asset back while it still has some useful life in it. (Think leasing a car). Because an Operating Lease does not contain any of the provisions that would qualify it as a Capital Lease, the lease is not treated as a sale or purchase and hits the lessee's rental expense and the lessor's revenue. So it all stays on the P&L (assuming no prepayments are made). Capital Leases, on the other hand, hit lessee's and lessor's balance sheets because the asset is treated as a sale. (I'm ignoring interest and depreciation here to emphasize my point). Question: What will happen to real estate leases when Operating Leases go away and how will Oracle Financials address these changes? Before I attempt to address these questions, here's a real-life example to expound on some of the issues: Let's say a U.S. retailer leases a store in a mall for 15 years. Under U.S. GAAP, the lease is considered an operating or expense lease. Will that same lease be considered a capital lease under IFRS? Real estate leases are supposedly going to be capitalized under IFRS. If so, will everyone need to change all leases from operating to capital? Or, could we make some adjustments so we report the lease as an expense for operations reporting but capitalize it for SEC reporting? Would all aspects of the lease be capitalized, or would some line items still be expensed? For example, many retail store leases are defined to include (1) the agreed-to rent amount; (2) a negotiated increase in base rent, e.g., maybe a 5% increase in Year 5; (3) a sales rent component whereby the retailer pays a variable additional amount based on the sales generated in the prior month; (4) parking lot maintenance fees. Would the entire lease be capitalized, or would some portions still be expensed? To help answer these questions, I met up with our resident accounting expert and walking encyclopedia, Seamus Moran. Here's what he had to say: Oracle is aware of the potential changes specific to reporting/capitalization of real estate leases; i.e., we are aware that FASB and IASB have identified real estate leases as one of the areas for standards convergence. Oracle stays apprised of the on-going convergence through our domain expertise staff, our relationship with customers, our market awareness, and, of course, our relationships with the Big 4. This is part of our normal process with respect to regulatory compliance worldwide. At this time, Oracle expects that the standards convergence committee will make a recommendation about reporting standards for real estate leases in about a year. Following typical procedures, we also expect that the recommendation will be up for review for a year, and customers will then need to start reporting to the new standard about a year after that. So that means we would expect the first customer to report under the new standard in maybe 3 years. Typically, after the new standard is finalized and distributed, we find that our customers then begin to evaluate how they plan to meet the new standard. And through groups like the Customer Advisory Boards (CABs), our customers tell us what kind of product changes are needed in order to satisfy their new reporting requirements. Of course, Oracle is also working with the Big 4 and Accenture and other implementers in order to ascertain that these recommended changes will indeed meet new reporting standards. So the best advice we can offer right now is, stay apprised of the standards convergence committee; know that Oracle is also staying abreast of developments; get involved with your CAB so your voice is heard; know that Oracle products continue to be GAAP compliant, and we will continue to maintain that as our standard. But exactly what is that "standard"--we need to wait on the standards convergence committee. In a nut shell, operating leases will become either capital leases or month to month rentals, but it is still too early, too political and too uncertain to call out at this point.

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  • Why aren't we all doing model driven development yet ?

    - by KeesDijk
    I am a true believer in Model Driven Development, I think it has the possibility to increase productivity, quality and predictability. When looking at MetaEdit the results are amazing. Mendix in the Netherlands is growing very very fast and has great results. I also know there are a lot of problems versioning of generators, templates and framework projects that just aren't right for model driven development (not enough repetition) higher risks (when the first project fails, you have less results than you would have with more traditional development) etc But still these problems seem solvable and the benefits should outweigh the effort needed. Question: What do you see as the biggest problems that make you not even consider model driven development ? I want to use these answers not just for my own understanding but also as a possible source for a series of internal articles I plan to write.

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  • Internationalization of non-english application

    - by Jacket
    I know there are lots of posts for internationalization, but this is something I didn't found while searching. I have a PHP Web application, which is pretty big right now. It's developed actively for 4 years and wasn't built with internationalization in mind. Text is everywhere - in plain HTML, in PHP variables, in echo's, in the DB... Now I'm familiar with the concept of gettext and this is what i plan to use for the internationalization project of the application. However the app is not written in English and here is my question: Should I first translate everything to English while wrapping every string in gettext() function, or I can use my native language as a base? P.S. also any quick suggestions (links maybe) on making my life easier with the whole i18n project will be greatly appreciated!

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