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I chose this article because I believe it is a perfect example of how to make the most out of the technology revolution! Blockbuster did not see the opportunity fast enough and so Netflix put them completely out of business. There are advantages and disadvantages to the "wait and see" approach but I think in this case, Blockbuster missed out on a huge opportunity and they didn't look into the future as they should have. As technology is constantly evolving, the only way to keep up is to stay current.

the article highlights the benefits and disadvantages of using an online event management program and how it can affect your event

This article compares the advantages and disadvantages of having a computerized accounting system and then also completing the task by hand. When looking at different factors it is clear that it seems like an owner would run a risk going either way because where the computer would lack in areas, the human touch would prevail and then where a human touch would lack in other areas, the computer would prevail. Therefore, I would conclude that it is probably better to have a little bit of both to help make the process smooth but not over bearing on a human or even on the computer.

This article basically goes over the pros and cons of switching over to computerized accounting systems like Quickbooks and Freshbooks. It goes over the main concerns like data breached and human error, but it also deleves a little deeper to discuss how many of the software require regular system and hardware updates in order to have the software run efficiently.

The article discusses advantages and disadvantages of the potential usage of robots in hospitality-related companies. Robots can make people's jobs easier. They should be wisely programmed to communicate with humans. Robots are also used to collect data for future research and analysis.

Nowadays, using robotics in hospitality has become a trend. Although it has proved that robots were not only suitable to do dangerous or repetitive work but also dealing with human guests. Robots can do the work of making humans happy. There is a concern for them in the hospitality field that robots will replace humans and make humans lose jobs. However, according to the article, it is not always accurate since sometimes using robots can make the service more organized and systematic and attract more guests, thus maintaining the needs for human workers. Looking ahead, robots would be data goldmines in the nearest future. They do not replace people, rather, they are tools used by people.

Ive attached an article that speaks about the growing dynamics of GDS. Moreover all of the text are basically summed up into the short 6 min clip that i advise you watch. We see the advantages and disadvantages of GDS as well as airlines that totally avoid this system such as Ryan airlines and they explain why.

Cloud kitchen utilizing technology to create a whole new market

Customers at one time used to receive information about a business/ product through a media where there used to be no interaction. With the use of emarketing businesses have become more transparent. So for the future marketing needs to be done to individuals and not groups. " Much has been made of the importance of generational marketing and the need to target specific demographic groups." This is due to the fact that different generations behave differently and use the web differently. " We have a worldwid aging population that has its own needs when it comes to online marketing."

POS systems have become a key in the hospitality industry. With these invention the hospitality industry, is able to provide the best and efficient service to their guests. Also, POS systems allows to have the correct information on profit, inventory, etc. In the market, we have hundreds of companies that are competing in providing the best prices and services....

POS systems have revolutionized the Hospitality industry. The deployment of these systems have decreased service times and increased efficiency of the orders.As a result, the hospitality industry is able to provide better and efficient services to their guests. Further, these systems help the hosts differentiate themselves from their competition; thereby increasing their market share and improving their revenues. Moreover, these systems help the industry in managing compliance & regulations into their business practices. Hospitality is the act or practice of reception and entertainment of guests with kind and generous liberality. It is a relationship between a guest and a host. The hospitality industry includes hotels, restaurants ,casinos,catering, resorts, membership clubs, conventions, attractions, special events,and other service for travelers and tourists.

POS systems have revolutionized the Hospitality industry. The deployment of these systems have decreased service times and increased efficiency of the orders.As a result, the hospitality industry is able to provide better and efficient services to their guests. Further, these systems help the hosts differentiate themselves from their competition; thereby increasing their market share and improving their revenues. Moreover, these systems help the industry in managing compliance & regulations into their business practices. Hospitality is the act or practice of reception and entertainment of guests with kind and generous liberality. It is a relationship between a guest and a host. The hospitality industry includes hotels, restaurants ,casinos,catering, resorts, membership clubs, conventions, attractions, special events,and other service for travelers and tourists.

This article talks about one successful third-party property manager company Prospera Hospitality and the accounting system it chose Profitvue which is provided by Aptech Computer Systems company. Prospear Hospitality has 18 branded and independent hotels and resorts as customers, each one of them has different requirements, so chose a powerful accounting system which can generate all kinds of financial reports is very important, and obviously Profitvue system is qualified. Besides providing detailed and flexible reports, another success secret of Aptech computer Systems is Side-by-side comparisons. With the information of comparison report, property owners will have a idea that how they are doing compares with other peers and can also identify issues which put them on disadvantage positions of the industry. Another benefit Profitvue provided is its cloud-based feature. Small business owner can also enjoy excellent service of Aptech computer systems company although they may can not afford on-site system installation, by accessing Profitvue's cloud-based platform. Yes, another strong example that cloud computing is a growing trend.

The article talked about several downsides of using a automated accounting systems to do adjusting entries.The computer error is possible when making the original accounting entry into the system. While the date loss increases when the entries are made into an electronic system. Companies may also find it  difficult to secure the business against types of fraud, since they are perpetrated by the employees that have permission to access the system.

Traditional PMS functionality is still the critical core at every property. By tracking and managing all aspects of guests' data, it's both a source and collection point for the crucial activity and preference information that forms the basis of all future relationships with the guest. But with the change of technology and the manner we do business today, hotels now need a wider function set than what a traditional PMS provides. Having a PMS on the web and in the clouds is getting more popular. These new Web services make it easier for new vendors to develop fresh approaches and link them quickly and effectively into established systems, providing hoteliers with richer and more varied options. There are more advantages than disadvantages when using cloud computing. The world is changing rapidly and in other for hotels to survive, they have to keep up with those changes.

Hey all, here is an article I found that talks about the traditional PMS systems for hotels and how it once rained supreme. Now a days, traditional PMS systems are not cutting it anymore because businesses are growing and are trying to find systems that have more functionality. This article brings up a few different options that a business could adopt and put into use. Installing software applications at the property is becoming unmanageably complex. Despite very worthwhile gains in functionality, no PMS will ever cover everything a hotel needs; none offer telephone service, for example. As more guest and operating information needs to be captured and managed, many hotels and resorts need multiple other systems to complement the PMS. The first option the article bring up is Virtualization, Server virtualization is not a new technology, but its adoption by the hospitality industry is relatively recent. The basic concept is that specialized control software allows the physical resources of a single computer server-memory, disk space and computing power-to be divided as needed between several different software applications, each perceived to be running on its own dedicated server. The second option is running a cloud based system, we all know what that is so I will let you read the article. Enjoy

The author attributes a growth in 'hotel complexity' that is driving the need for a change with traditional PMS systems and the limits of their capabilities. According to the article, the current PMS system is unsustainable and will need to evolve to meet client's demands- such as cloud computing, which is highlighted as being beneficial to hotels especially with regards to flexibility, better security, speed of implementation, etc. The pros and cons of cloud computing are clearly described, the cons mainly being loss of connectivity and security breaching. Although traditional PMS are essential for most hotels, cloud computing could put them at a competitive edge.

The debate over "high-tech" or "high-touch" is largely a thing of the past in the hospitality industry as emerging technologies drive unprecedented change in the way hotels operate and serve customers. It is clear that investments in technologies can generate greatly improved operating efficiencies, higher hotel revenues and enhanced guest services. The pace of change, however, has been so extreme as to leave many hotel organizations uncertain about what types of technology to adopt and the best ways to create a seamless integration of systems company-wide. In addition, investments made by many hotel owners and operators during the last five years have lagged as a result of the serious downturn weathered by the industry. Many hotel organizations are using technologies so outdated as to place their companies at a competitive disadvantage in the marketplace. The technology life cycle provides a model to assess how and when companies and individuals adopt new technologies. Pioneers are generally the first to acquire new technologies and take the greatest risk. A second category of technology users -- leaders -- adopt relatively unproven technologies, but the risks are known and accepted. Obsolete technology at the other end of the spectrum may seriously impair a company's ability to compete. In terms of costs and benefits, the best balance appears to be with the leaders who invest significantly less than pioneers and incur reduced risks, yet their technology investments can yield similar benefits.

The article above describes a new innovative system for the typical small business owner. If you are in need of some simple, easy to use technology then this might be the article for you. It's called NCR Silver, a new POS system capable of performing all the necessary function of operating a business all with one solution. It has the ability to track sales, manage inventory and records, and review key data. With all these features at the disposal of a small business owner, it could do a great deal in helping them increase their businesses profitability. The software is a cloud-based system and has the ability to be used on all portable Apple products. It is like having your business in the palm of your hand, literally! NCR Silver is already being used in Georgia throughout the Atlanta area and is slowly gaining popularity. As the cloud-computing idea takes hold, I believe this software will be found nation wide. Below is a link that demonstrates the software in use. ENJOY! www.youtube.com/user/NCRSilver

I like the mobile being discussed here, can these be expanded into tracking devices I wonder. I don' t like the rather vague description being provided on there customer service polic. It makes me weary of using the software if I don't see any benefits listed under customer service or troubleshooting. Would someone be there to assist if I was trouble using there system or if goes down. What assurances are provided? Warranty, Insurance, etc. It should be more than just we provide customer service.

This is a very comprehensive article that talks about the web-based, Software as a Service systems (SaaS). It is different from the traditional PMS and it has advantages over the traditional one. The author gave us five advantages of SaaS. All of the five advantages are so good that after read this article, I think there will be a trend that it will be the SaaS world in the future and this trend will continue.  However, the author didn't write any disadvantages. Usually for a company to make a decision before the company knows not only the pros and but also the cons.

The advantages offered by SaaS systems are very similar to that of which property managers have to solve. It controls property's operations such as processing reservations, check-ins and check-outs. Saas stands for Software as a Service which drives the attention of new technology for property management which includes moving tenant services online, offering web site creation and integration, eliminating the need for extensive software training and maintenance, enhancing communication between the owners and managers and it helps improve record keeping and security.

With technology evolving the property management  software.  Most  vendors are now offering  web-based, Software as a Service  is being  adopted by most property managers are adopting it because  they the advantages of the SaaS model help them accomplished most of their goals.which are to move tenants services online,  offering website creation and integration, eliminate the need for software training and maintenance ,improve  record keeping and security as well as better record keeping.  Furthermore this service can be accessed on smartphone as well as tablets. And also one of the primary characteristics of SaaS property management vendors is that they've designed their systems specifically to be easy-to-use and to appeal to those who aren't especially tech savvy. This results in a faster learning curve for property managers who are not technically proficient. And also it offers  better record  keeping since it  back up the data.

As the world develops, more and more restaurants use e-menu to order food. Ipad, the fashion of technology also attract restaurants eyes. Some owners invest into Ipad menu in order to attract more customers and make more gross profit. Also, many owners are worry about security risks, maintenance, education, and so on. Here are some advantages of ipad menu such as paperless, electronic receipts, tips, categorized menu, suggestions, reports, inventory, speedy orders and picking a plate. Because of eliminating print, there are no more receipts or written signatures. It is the reason of paperless. And customers can quickly calculate their waitress tips on the ipad. Also, the guests can use the ipad to design their own meal. If guests have some questions about the wine according to the food preference, Ipad menu will answer it. Another reason is the ipad menu should increase the speedy orders. The orders will transfer to kitchen in seconds and save the time for waiting the waitress to order the food. At the same time, if the restaurant is busy, guests will play some games on Ipad to wait for their food, which instead of complains. At last, because of saving time and labor cost, the restaurant should be save cost and easy to collect data of the restaurant. There are still some disadvantages. For example, every customer wants an individual iPad as their own menu, so restaurants must purchase numerous iPads with one per seat. Because of this reason, the restaurant should be care for the thefts. And the managers need to train every waitress to use the ipad menu. The expense should increase in training.Also, some guests do not know how to use ipad menu and the technology is not suit for them. At last, you need to pay more in maintenance.

The author stated that "now is the time to upgrade your POS system" for many reasons: 1. This will bring you a competitive advantage, when you are more connected compared to others. Because more than 40 percent of sale has been generating through web and mobile ordering, with these ordering will not only cut the cost but also improve customers' satisfactions.  2. Because of PCI compliancy standards, the POS update is not a need but a requirements for most businesses. With the new POS system, all the information regarding customers' identification, credit card, etc. or owner's data base will be well protected to reduce a risk of data breach. Important issue is that, many manager recommended to upgrade your hardware instead of software, since many error will be continued without changing new hardware. 3. The initial cost of upgrading POS is definitely an investment, but to gain advantage over your competitors and cutting the cost in the long run are worth it. 4. Some key features to look at when considering an POS upgrade : Fit to the business, connections, and business insight.

This was a quick reference article I found that compared 20 different Hospitality Property Management Software and Systems. The article quick links to all 20 and you can surf through them to see the advantages and disadvantages to your operation.