| 14th June 2005 |
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eBusiness Live - Issue 137
Welcome to eBusiness Live, the fortnightly newsletter from Enterprise Ireland's eBusiness Unit. In this issue, we turn the spotlight on IT compliance and see why all company directors need to be aware of their legal obligations in this area. We also look at the part played by blogging technology in the recent Enterprise Ireland trade mission to the US. In addition, we offer you some top time-saving tips to help make your business more efficient. Please feel free to forward this issue to a colleague, and let us know if there are any topics you'd like to see us cover.
Eoin O Siochru
For contact details click here.
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IN THE NEWS
Top eBusiness headlines of the fortnight
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Tech industry in bid to lure students
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A new internship programme is trying to lure ICT students into jobs with high-tech companies, in a bid to address the problem of falling interest in the industry. Under the programme, over 50 students will be employed on a part-time basis in the final two years of their course, working two days a week with selected companies. The project is a joint initiative between ICT Ireland and the Higher Education Authority. The new initiative hopes to create a pool of graduates from a range of disciplines for the ICT sector. Recent reports have noted that interest in ICT courses has fallen over the past three years, creating 8,000 job vacancies for those with IT skills. For more on this story read ElectricNews.Net.
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Technology park opens in Ennis
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A new technology park in Ennis, Clare, may create up to 3,500 jobs for the region over the coming years. Officially opened on 9 June, the 30-acre technology park is aiming to become a hub of Irish and foreign-owned technology, service and knowledge intensive enterprise. Among the businesses the park hopes to attract are research, software development, back-office and headquarter facilities. The first phase of the project, which involved an investment of EUR11 million by Shannon Development, was opened by the Minister for Enterprise, Trade and Employment, Micheal Martin. For more on this story see RTE News.
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New worm poses as legitimate mail
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New versions of the Mytob worm which are more sophisticated than previous versions are spreading quickly through cyberspace, according to security firm Sophos. These variants use new ways to lure PC users by posing as legitimate email from an organisation's IT department or ISP. The mails suggest to recipients that a security problem has been found with their email account. These latest versions work in much the same way as phishing attacks, in that the email contains a web link that leads users to a site from where the virus will automatically download onto their PC. Sophos expects these versions of the Mytob worm to cause big problems for IT departments in the coming months. For more on this story read Vnunet.com.
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EU launches i2010 strategy
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The European Commission has launched a five-year strategy called "i2010: European Information Society 2010". The strategy is aimed at boosting jobs and growth in the information society and media industries, as well as stimulating the digital economy in Europe. Although 45,000 broadband access lines are being installed daily in homes and offices across the European Union, spending on ICT still lags behind that of the US and Japan, according to the Commission. Under the i2010 initiative, the Commission is pressing for an 80 percent increase in investment in ICT from 2007. The three main aims of the strategy are to create an open, market-oriented, regulatory framework for the digital economy; to increase EU investment in research in ICT technologies; and to promote an inclusive European information society. For more on this story visit the Cordis website.
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TALKING POINT
Recent topics in the eBusiness Discussion forum
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Blogging enables instant reports from trade mission
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The events at last month's trade mission, led by Irish president Mary McAleese, to Seattle, Washington were made available to a wider audience than ever before thanks to innovative blogging technology. The FoneBlog software was developed by Enterprise Ireland in association with Dublin-based Newbay Software. It allowed Ireland's Minister for International Trade, Michael Ahern, and other officials on the trade mission to post information and photos to the web on the fly and to make them available immediately at www.irishtrademission.com. The officials' comments could then be viewed immediately through a WAP-enabled mobile phone or through a standard web browser. The blog proved handy for those who were unable to attend the event and other interested parties, enabling them to receive instant information and post their own comments to the website. The trade mission, which took place between 23 and 25 May, showcased Irish companies from the aerospace, wireless and enterprise sectors.
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eBUSINESS IN FOCUS
Addressing key eBusiness issues in depth
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IT compliance, the law and you
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| Regulators around the world are increasingly taking a tougher stance on IT compliance issues. To that end, organisations large and small need to pay particular heed to issues relating to software licensing and online piracy. Being compliant is a vital part of business, and one which needn't be too expensive. In fact, experts are quick to point out that the cost of non-compliance, which could include fines, imprisonment, or both, could do more damage to a company in the long term. In this article we look at what a company needs to do to comply with regulations and how this will ultimately benefit all aspects of a business. |
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Read the full story
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How ICT can improve efficiency
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| It's less than a decade since email was introduced to offices, but most people can't remember how their business functioned before its arrival. Advances in computer networking and the internet have brought other valuable innovations that can help a business to run more efficiently. In the first of an occasional series of time-saving tips, we explain why your business should be taking advantage of tools such as broadband, wireless networks, instant messaging and online banking. |
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Read the full story
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Case study: Irish Provincial Hampers
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| As more and more retailers make the move onto the internet, standing out from the crowd has become increasingly difficult. With websites becoming more sophisticated, retailers are being forced to up the ante and create secure, user-friendly sites that stand out and appeal to a wide audience. In this case study, we take a look at how Irish Provincial Hampers is using the internet to cut costs and increase sales. |
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Read the full story
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GLOSSARY:
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Defragmentation
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Sometimes referred to by our technical colleagues as "defragging", defragmentation is simply a process by which files, which get jumbled and broken up into many small pieces across your hard disk, are rearranged into one block. The benefits of regular defragmentation for PC users include faster loading and re-writing of files which, in theory, should speed up the PC, saving time. All Windows PCs have a basic defragmentation program, which can be found by opening "My Computer", right-clicking on your hard drive, selecting Properties and then Tools. Apple users of OS X 10.3 and above enjoy automatic disk defragmentation.
| See more glossary terms

IN THE DIARY:
| Is Your Organisation's Email Compliant? |
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22 June, Guinness Storehouse, Dublin 8
One of the problems with ICT is the new headaches that it creates for businesses. Email is a classic example - it can give rise to an array of new documentation that your company may be legally obliged to keep. This free Executive Breakfast Briefing - aimed at company directors and IT and HR professionals - attempts to clarify Irish companies' legal and regulatory responsibilities for document retention. A solicitor will also be on hand offering free advice on legislation relating to document retention and the consequences for businesses of non-compliance.
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View
a full list of events

HOTLINK:
| Lifehacker |
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Sometimes you get pointed in the direction of a site that makes you wonder how you ever managed without it. Lifehacker is one of these rare beasts. It is a blog-based website focusing on all things that can make your daily grind that little bit easier. It recommends the downloads, websites and shortcuts that will actually save you time. Of course, the danger is that you could waste a lot of it just reading Lifehacker's advice!
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