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dominiquewalker

The Importance Of Offsite Backup | Monster Technology - 1 views

  • Offsite backup is the use of cloud-based storage systems for data recovery in case of a power failure, fire, tornado, earthquake, flood, or other disaster.
  • Data stored offsite usually involves accessing information using an Internet connection.
  • Physical disasters and human error remain the primary reasons for having offsite backups. For instance, you need an extra copy of your data in case your office floods and external drives become soaked with water.
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  • backups for these reasons:
  • To retrieve lost data after a security breach
  • An extra copy for extra peace of mind
  • To use up less onsite space
  • To take advantage of unlimited storage room
  • To prevent from neglecting to back up your data
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    This article is short and very much to the point. Plainly explaining what is an "offsite backup". Its purpose, and reasons one would utilize the cloud-based application.
zhuan007

The Importance of Offsite Backups - IT Directorship - 0 views

  • Just as saving a file periodically is good practice, keeping an offsite backup will help to mitigate the business risks associated with corrupt or lost data. Offsite backups combined with a disaster recovery plan allow businesses to get back up and running faster
  • The key to protecting your business and its stakeholders, is the proactive prevention of data loss – never keep all your data in one basket.
  • A cold site is usually an empty space with basic facilities which may or may not have equipment available.
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  • A hot site is the most expensive option but requires the least amount of time to get back to capacity following a disaster.
  • Its important to stay up to date on policy changes to ensure you are protecting both the business and business stakeholders.
  • Monitoring, reporting and testing your business's backup solution are all best practices to mitigate the risk of data loss for your business.
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    This ariticle briefly summarizes the important of offsite backups for business. A couple offsite backup solutions are provided as cloud backups, remote disaster recovery sites, tape backups. The concerns of policy changes and improving backup practices are mentioned as well.
avila031

10 Reliable Offsite Data Backup For Small Businesses And Enterprise - 0 views

  • mazon S3 is one of the biggest offsite auto backup and storage services
  • Offsite vaulting, also known as Cloud Data Backup
  • The main reason for backing up files to a remote site is safety. Undeniably a local Western Digital or Seagate hard disk are cheaper and faster, the question is what if there is a fire? or what if there is a break in and all hardware are stolen? What if there is a virus attack and it destroys all the files? Not to mention riots, earthquakes, flooding, terrorism attacks and more. Offsite vaulting solves all of this problem when you have dual copies of everything in 2 different location.
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  • as part of a disaster recovery plan.
  • Zetta’s cloud-first business continuity solutions will allow your company to recover in minutes, regardless of the failure, disaster or loss
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    This article continues on our modules topic of offsite backups. It explains the need for them in case of emergencies, whether it be a breach or a natural disaster that compromises your systems. It mentions the the biggest services; Amazon S3 and also provides their opinion of top 10 options. It provides the benefits for each of the storage services and why they would recommend them. I personally found that Zetta was a great option as they are not only affordable but also very efficient and safe as it uses a push button. It concludes with information that can help a business decide which company is best for them and encouragement to choose one if you want to keep your data safe and readily available in case of an emergency.
cborregomarsh

5 Reasons Why You Need Offsite Data Backup | Dallas Texas - Total IT - 0 views

  • It will also allow data access from any location, meaning your company has the freedom to travel and work remotely without worrying about accessing data
  • It uses a backup facility or storage media that are external to the organization or core IT environment.
  • will secure your data from any attack.
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  • offsite data means your business will be safe from any malfunction as well.
  • Automatic Backups Ensure Safety
  • Keeps a Backup Copy of Data
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    In the hospitality industry it is extremely important to make sure the customers information (often financial) remains secure. Offsite data backups allow the organization to have remote access to their data from a service that provides a storage and recovery system in a different location than the primary server, thus securing the organizations data in multiple locations. Offsite backups also have the ability to easily share data which can be critical if data gets lost within the organization - the backup will automatically save a 'backup' copy. Lastly, it ensures an extra level of safety by maintaining scheduled backups to make sure no data is left unsaved.
brianamfernandez10

You're Not Backing Up Properly Unless You Have Offsite Backups - 0 views

  • if you’re just performing regular backups to a nearby external hard drive or USB drive, you’re missing an important part of your backup strategy. You need your files stored in separate physical locations.
  • An offsite backup is literally backup that’s stored “off site” — in a different physical location from where your main files are.
  • You could use an Internet backup service like CrashPlan, Carbonite, BackBlaze, or Mozy
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  • Once a month (or every few weeks), you could grab that external drive, bring it home, and back up to it before taking it back and storing it in a different physical location.
  • Offsite backups are crucial for protecting important data.
  •  
    This article discusses a prominent topic discussed this week: off-site back ups. It is crucial to any company, or even for personal use to keep an off-site back up of all important data and information you have. This is to ensure that no matter what happens to your system, or the location is is at; there will be a back up to go to.
Panpan Xie

Tech-Laden Hotels Call for Modern Disaster Plans - 0 views

  • chief engineer Sam Lota spent most of late 1999 worked up a detailed engineering contingency plan.
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    To prevent the potentially harmful effects by the disaster, the chief engineer Sam Lota of Sheraton Sacramento Rancho Cordova Hotel set up a detailed engineering contingency plan. The plan can protect physical plant systems, computer systems, gas system, etc., and can also back up the electric's battery power and phone system. Instead of reacting to crises as they occur, Lota set up some action plans in advance. He asked staff to review the emergency procedures and make sure the emergency generator can be used smoothly. However, the emergency plan does not specifically deal with the computer system interruption caused by earthquake. Some experts advised that the data should be backed up in an offsite location.
Prince Wayne

"Computer Backup-Is it being overlooked by your property?" - 0 views

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    Backing up your computer data is very essential. Many properties may not realize how important it is to back up their data. Imagine you, a human being losing all the information you have learnt from the day you were born. You would be lost and confuse. So same for a company, if all their data are lost the property would be in severe trouble. Today backups can be done in many ways. Some are more expensive than the other. Drives like Tapes and CDs/DVDs are less expensive to use than Micro drives. Another way to backup you data is online. Online backups are getting very popular with all types of properties. Some backup data are stored on site and others offsite. In case of fire or theft to a property, offsite backup comes in very handy. Also, it is very important to test your backup data on a regular schedule.
yyr997

How to pick an off-site data-backup method | Network World - 0 views

  • Figuring out how to move data to a backup facility, in what form and deciding where that facility should be means balancing cost, risk level, how fast you want to recover lost data and how much data you can afford to lose.
  • Your off-site method will determine your RTO – how long it takes to restore data that gets lost.
  • Your off-site method will also affect your RPO – the gap between your last backup and the incident that causes a loss of data.
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  • Weighing the cost of backup
  • Assessing backup risk
  • Getting backup off-site
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    Offsite backup is very important to effectively protect data.
jalilahst

What is Network Redundancy and Why Does It Matter? - 0 views

  • Network redundancy is the process of adding additional instances of network devices and lines of communication to help ensure network availability and decrease the risk of failure along the critical data path.
    • jalilahst
       
      Defines Network Redundancy.
  • Redundancy in networks helps to eliminate single points of failure to ensure better network stability and uptime in the face of events that would otherwise take th
  • e network offline
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  • A fault-tolerant redundant system provides full hardware redundancy, mirroring applications across two or more identical systems that run in tandem
    • jalilahst
       
      1 form of redundancy that data centers use.
  • fault-tolerance redundant systems are complex and often expensive to implement.
    • jalilahst
       
      Disadvantage to fault tolerant redundant systems.
  • If something goes wrong with one server, the backup servers take over and restart applications that were running on the failed server.
    • jalilahst
       
      How high availability works, the 2nd form of redundancy that data centers use.
  • it does tolerate a certain amount of downtime in that there is a brief loss of service while the backup servers boot up applications.
    • jalilahst
       
      Disadvantage to high availability software based redundant system.
  • create a network strategy that reviews existing infrastructure.
    • jalilahst
       
      First steps of network redundancy plan.
  •  Well-maintained UPS systems can ensure that servers can switch over from electrical power to backup generator power without losing any data or applications.
  • the best places to replicate and store data so it can be easily accessed in the event that other redundant systems fail and the main network goes down. By using more than one data center, companies can ensure that even if some disaster occurs, they will be able to carry on with minimal disruption.
    • jalilahst
       
      The importance of backing up data offsite.
  • They can test different connections by physically disconnecting hardware to make sure failover occurs as anticipated. If things do not go as planned during testing, data center managers then create an after-action report that lists the items they need to fix as a result of the testing.
  • creating incident response plans that can counter them is crucial for ensuring network resiliency in the face of modern cyber threats. Network redundancy can be a crucial aspect of many cyber incident response plans.
  • attacks are a type of cyberattack where the goal of the attacker is to render a target network or service unusable
    • jalilahst
       
      DDoS definition
  • By blending a variety of ISPs, data centers can leverage their connectivity to help reroute network services when a DDoS attack is underway. vXchnge’s vX\defend, for instance, uses diverse traffic routing options to identify and bypass volumetric attacks without compromising bandwidth or increasing network latency.
    • jalilahst
       
      prevent DDoS attacks by implementing redundant networks with flexible internet access.
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    Network redundancy is the process of enhancing network devices and lines of communication to help safeguard network availability and decrease the risk of failure along the critical data path. Redundancy in networks purpose is to help eliminate specific areas of failure to guarantee better network stability and availability when the network would otherwise be offline. Optimize network redundancy by backing up data offsite and conductions frequent test to measure its durability and maintain it. Protect the network from malicious attacks is also important. By creating plans for when attacks occur by rerouting network services.
fdiaz75

Beaconstac's Beacon Tech Helps Hotels With New Marketing Opportunities - 0 views

  • Millennials are more likely to gravitate towards technologically-savvy hospitality providers who can offer them unique experiences - especially those that use their smartphones and other tech to connect with them.
  • In fact, approximately 90% of a guest's vacation time is spent outside the hotel environment. While not surprising, this leaves hotels with only a very small window to earn extra revenue from their guests.
  • Beacon technology can help by delivering relevant information directly to guests' smartphones, alerting them to events occurring within the hotel grounds, and thereby increasing the chance of keeping them on site where they are more likely to spend money with you rather than others.
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  • Once in the room, the beacon technology can then turn on the lights and activate in-app controls to help the guest navigate their in-room technology. The app can also promote the room service food and drink menu, as well as the entertainment and facilities information most pertinent to the customer based on their profile.
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    Interesting information about beaconstac and the abilities it allows hotels to use Bluetooth beacons to further increasing revenue. Beacon technology can determine your in your room then suggest room service or other evens in the hotel to increase the chance of guests staying on property. The fact that 90% of the time the guest will expect to be offsite, this beacon technology can try to market to keep the guest in house longer.
cmick006

Hackers Target WHO, COVID-19 Research Firm with Cyberattacks - 0 views

  • The Office for Civil Rights recently warned healthcare providers that hackers have increasingly impersonated health agencies tasked with the Coronavirus response, as well as the FBI and the Department of Justice.
  • , healthcare organizations need to be reviewing and discussing their data protection strategies as more work shifts into the remote environment to ensure they’re protected in the event of a compromise.
  • “It is a critical time to make sure all your data is backed up, especially as many of the company assets are moving out of the office,” he added. “If it’s critical to always have your systems running and you could not afford the downtime to rebuild your systems, you need more than just cloud backup and would need to implement a disaster recovery solution to continue your operations with minimal downtime.”
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    Cyberattacks on health organizations. These organizations need to implement better data protection. Personal and medical data has been hacked and there is a continuous effort put forth to breach the systems that house this information. With more and more companies researching potential vaccines and remedies for Covid, now more than ever, organizations must have more than just cloud backups; disaster recovery plans should include offsite backups at a minimum.
biancafavilli

How Cloud-based Hotel Software is Changing the Industry - 8 views

  • Couple that with the fact that in the next two to three years hoteliers are expected to invest seven to eight percent more on cloud technology
  • Additionally, increased accessibility, greater profitability, and user-friendly dashboards make cloud-based software enticing for hoteliers
  • For starters, cloud-based hotel software has the ability to host a property management system (PMS) from a remote location, allowing hoteliers to access their property data from anywhere in the world with an internet connection. This feature is unique to cloud-based software and eliminates the need for hoteliers to be physically present at their property to be able to check in on daily management operations.
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  • Cloud-based hotel software has been shown to boost productivity, efficiency, and cost-effectiveness
  • Additionally, through the centralization of operations, hoteliers can eliminate the need for on-premise servers at each property
  • In fact, the hotel group, Triple C Hotels and Resorts, reported a 60% savings on software costs when they switched to Cloudbeds’ cloud-based hospitality software
  • For example, Cloudbeds hospitality software implements periodic auto-logoff features that require users to re-enter their password, two-factor authentication for an added level of user verification, and automatic removal of guest credit card data after 14 days
  • The high-level security standards followed by cloud-based hotel software is due in part to its rigid compliance with PCI requirements.
  • Unlike locally installed software, one of the more attractive elements of using a cloud-based hotel software system is the ability to adapt, grow, and integrate with future trends
  • Unlike conventional hotel software models that require hoteliers to purchase licenses and hardware, cloud-based hotel software is sold as a service that enables clients to add on as many or as few tools and features as needed.
  • In fact, a study by Frost and Sullivan showed that businesses can cut IT costs in half by implementing cloud-based computing solutions to customer support.
  • ability to host a property management system (PMS) from a remote location, allowing hoteliers to access property data from anywhere in the world with an internet connection. This feature is unique to cloud-based software and eliminates the need for hoteliers to be physically present at their property to be able to check in on daily management operations.
  • Eliminate the need for manual data sharing and processing
  • Give staff more mobility and accessibility around the property
  • next two to three years hoteliers are expected to invest 7-8% more on cloud technology
    • cleon087
       
      This could be a determination if a hotel succeeds. It is important to not lag and instead adapt to the times.
  • an spend more time attending to guests
  • ransitioning to a cloud-based hotel software solution can seem like a daunting task at first
    • cleon087
       
      Not all bosses are even comfortable with technology to begin with so it would be difficult for them to spend the money to transition.
  • Accelerate hotel check-in / out
    • cleon087
       
      People value fast check in, especially someone that came to the hotel on a business trip and just wants to get to their room.
  • Eliminate the need for manual data sharing and processing
    • cleon087
       
      This saves a lot of time because you wont have to manually record data.
  • customizable
  • In an industry that is always changing, this kind of flexibility is priceless.
  • across multiple properties simultaneously
  • faster for operations, online booking and customer service.  
  • frequent security updates t
  • Cyber attacks and tighter regulations on privacy policies have made the need to protect guest information more important than ever. This topic is a main concern for those considering switching to a cloud-based PMS system since data servers are hosted off premises.
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    Cloud-based hotel software is able to host a property management system from a remote location which therefore allows hotel staff to access data from wherever they are in the world. It is showing positive signs of increased efficiency and overall cost-effectiveness.
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    Cloud-based software is the future of the entire hospitality industry. The benefits of having this software heavily outweigh the cons. It would allow employees to better assist guests with check-in/out processes and it would also give them increased mobility throughout the system, accelerating the services we can offer to our guests. In addition, cloud-based systems allow for better data storage, giving us the tools we need to be prepared for returning guests and their accomodations.
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    Providing the best customer service is the goal of any hotel. It is what attracts your guests to return and suggest your hotel to others. Imagine a software that eliminates the need for hoteliers to be physically present to check on daily management operations or even automate mundane daily tasks, allowing staff to spend more time attending to guests and improving the customer service experience. This software is known as cloud-based hotel software. This software is not sold as a product; it is sold as a service that allows hoteliers to add on as many or few features as needed, making it completely customizable. Cloud-based software is hosted by a vendor's server and gives hoteliers a scalable system that is flexible and easily updated across multiple properties simultaneously. A great key feature to this software is that the system is able to adapt, grow, and integrate with future trends. Flexibility is so important in this generation because new technologies are constantly being innovated and staying up with trends is a great way to satisfy your guests. Cloud-based software has shown to boost productivity, efficiency, and cost-effectiveness. What more could you ask for?
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    The cloud based hotel software is a great addition to he hospitality industry because it gives the hoteliers a chance to be flexible with their stay. It gives the staff member a more relief on updates of property housekeeping status. Cloud based technology gives advantages of moreover frequent updates and enhancements for hoteliers inquiring.
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    This article highlights the benefits of switching to Cloud-based hotel software. One of the highlights is the reduction in cost, by switching it allows employees to focus more on service then repetitive tasks. This is also an attractive deal for hoteliers because they're allowed to check on important data from their house. This software makes it more efficient and soon all hoteliers will have to invest in a innovative software.
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    A general trend is that hoteliers are considering to use cloud-based systems more. Data have proved that hoteliers will invest more in cloud technology. Cloud-based hotel software can provide its users with many benefits like cost-efficiency, increased accessibility, and user-friendly dashboards. Furthermore, it makes remote/offsite information sharing and real-time offsite management possible. With a cloud-based system, staff can spend more time on guests and improving service. For security issues, cloud-based systems upgrades often and therefore reduce the risk of being hacked. Cloud-based systems are also enough flexible to meet the future needs of users. In sum, cloud-based technologies can help the hospitality businesses to deal with the changes better.
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    Hotels are beginning to transition to cloud-based software because they are realizing the great impact it has caused on their business. The article mentioned, "in the next two to three years hoteliers are expected to invest 7-8% on cloud technology". This percentage exhibits how hotels are going to be ran in the future. Cloud-based software has brought positive impact to a hotel business such as "increased accessibility, greater profitability, and user-friendly dashboards". All of these benefits have caused hotels to run their business smoothly bringing back satisfied guests. This software allows check ins/out to be more quick and gives easy access to areas in the hotel for employees. Another gain received by using this software is that its cost-effective. It has been disclosed that a hotel has saved "60% on software costs". Using this software has saved a hotel a lot of money that can be used to satisfied guest more. Security on data is more secured using cloud-based software because the vendors take it seriously making it harder for hackers to retrieve information. Some hotels may halt to install new technology such as cloud-based software but with all the benefits it has given to other hotels, this is going to be the future for the hospitality industry.
bdolman

The Importance of Infrastructure: Planning for the Future - 0 views

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    The article titled "The Importance of Infrastructure: Planning for the Future" shows a very interesting perspective in order to identify what it means to thrive in the hospitality industry. The combination of certain strategies, including adapting, maximizing the use of technology, having a vision among others, helps hotels stand the test of time. As technology continues to demonstrate that it entails numerous benefits, it is a crucial component to deliver and receive services. According to the article, "That service may be a guest amenity or a data transfer from an offsite service provider; however, the ability to take advantage of innovation, either now or someday in the near future, is dependent upon infrastructure". Hotels need to invest and focus on creating a well rounded infrastructure to support technology, even if it continues to adapt and change. It is also all about the details; besides having a well structured PMS and POS system, technology infrastructures should be created to adhere to the guest's needs. Certain amenities, such as cabling for in-room guest connectivity help increase customer satisfaction. Is all of this technological investment necessary? Recognizing the key to modernization, including investing in technology, is the key to a hotel's long term success.
corrie242

Six Technology Trends Revolutionising The Hospitality Industry | By Calum McIndoe - Hos... - 4 views

  • At Infor, I would estimate around 85% of the queries we see from hospitality companies and hotels include a serious look at cloud computing. Two main factors are behind this. Firstly, upfront investment is lower with the cloud as there are no initial hardware costs or associated expenses such as full time, in-house IT staff to maintain the system
  • Hunley Hotel & Golf Club has moved its hotel management system to the cloud as it reduces the administrative and IT burden of hosting and maintaining the application on site and offers lower upfront capital expenditure and an easier way to get regular upgrades to the application to ensure it is always up-to-date.
  • This enables hotel team members to 'meet and greet' their guests at any location, improving the personalisation of the check-in experience and reducing the costs associated with static reception desks and all their technology at each location. These benefits are not reserved for just large international chains: the low capital expenditure investment for mobile hardware and much reduced software costs mean that mobile is a viable option for small independent properties, looking to develop customer service as a competitive edge.
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  • As such, social media monitoring MUST be interfaced with the hotel management systems so that swift, appropriate action can be taken.
  • The online reputation of a property is business critical. It does not however, stand alone as a marketing department concern, but relates directly to daily operations.
  • Customers expect their experience within a hotel to be totally personalised to them: from the welcome message on the television screen and food preferences to additional services such as personal training or flowers in the room.
  • Integrating these systems can provide more comprehensive management information, faster reporting and a truly comprehensive view of profitability. In the case of Hunley, integrating the hotel management system with the restaurant point of sale application (Squirrel) means that the hotel has a comprehensive view of revenue per guest or event. The hotel can also pull together truly holistic reports for management information and customer communication.
  • companies will need to adopt different management approaches to survive and develop amidst high levels of economic uncertainty. As international trade and business expand, there is no question that international links will become more important for the hotel industry. This means that the technology systems in use - especially those in large chains - must account for the global perspective.
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    Current hospitality trends within the hospitality industry. These current trends are bringing awareness to cloud base storage, application mobility, social media marketing, and integration of amenity software. Companies are now outsourcing its IT department to minimize operating expense.
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    @corrie242 these six trends discussed are very important to keep efficiencies and competitive advantage, and I can confirm that at the Hotel company I work for, most of these are all in use. The social media use and monitoring has been a big shift in how we have changed the way we capture our guests' sentiment from comment cards being left or mailed to the hotel, to being able to receive immediate feedback in a very public way such as through Tripadvisor, Open Table, Facebook, Twitter, etc. We employ a digital media manager who assists in monitoring all that is said about us through these different channels so we can respond and try to stay on top of what is being commented.
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    This article was a very interesting read and focuses on the savings and improvements that technology can deliver by outlining six trends. The main item that peaked my interest was the trend of Cloud / Software as a Service (SaaS) or cloud computing. I have been introduced to this concept over recent discussions with a close family member. Like the article noted, the argument that was given by my relative in support of this system was that this concept is the new way to go in information technology. This option is very cost efficient and like the article mentioned it has no initial hardware costs or associated expenses like full time, in-house IT staff to maintain the system. It can also allow management of your network system to be done offsite giving hospitality operators the time to service their guests more efficiently and effectively. With technology constantly changing it is very important for hospitality operators to be aware of the emerging trends in the industry. These trends can aid in considerable growth and improvements that can be beneficial to their businesses.
jessielee214

The Truth About Cloud POS vs. Traditional POS | PointOfSale.com : - 0 views

  • The Truth About Cloud POS vs. Traditional POS
  • Point of Sale (POS) technology has made significant strides in the last decade
  • However, there still seems to be confusion as to what cloud POS does or does not mean.
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  • The Real Difference Between Cloud POS and Traditional POS
  • all of the data is stored on a local server at the business. That means the business owner or manager must be present at the physical location to view reports, make changes to the menu, or any other task involving the point of sale software.
  • DatabaseDatabase selections were limited. You had Visual Basic, C++, or Delphi to develop in. POS software companies had to pick a database structure and wrap their entire product around it.
  • Programming LanguageThe software company’s developers had to pick a programming language and standardize it across the entire application.
  • Operating SystemAn Operating System (OS) had to be chosen to execute the tasks and commands of the software. At the time, Windows was the only OS with meaningful market share and the reason why many legacy systems were built using Windows.
  • Cloud POS solutions have had a very different evolution. Most started as tech companies with zero customers, no legacy source code or database, and little knowledge of the industry they were trying to serve. That lack of knowledge regarding the mission-critical nature of a POS system is a big reason why some of the young cloud POS offerings haven’t gained traction in much more than a juice bar or niche boutique. Not to mention, their customer support often leaves a lot to be desired.
  • When it comes to cloud POS architecture, POS data is stored on a hosted server in a remote location (“the cloud”) and accessed via an internet connection.
  • Everything is web-based and app-driven these days, so using a web browser to run your back office from anywhere certainly makes more sense than physically going to the store and sitting down in front of the computer. Cloud POS systems also eliminated the in-store server configuration leveraged by legacy software and replaced it with a cheaper, easy-to-manage server in an offsite datacenter.
  • The Hybrid Approach With Future POS
  • Future POS has put their efforts into transitioning their database and creating a web-based (cloud) back office, so business owners and managers have the best of both worlds. The stability, reliability, and feature-rich software along with the real operational freedom that comes with cloud technology.
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    This article talks about what is different between cloud POS and traditional POS. And what innovation about future POS is. The future POS is the system combine traditional and cloud POS, which decreases the risk of both negative sides.
Kevin Sepulveda

Accounting for Hotels | Small Business - Chron.com - 2 views

  • Hotel accounting is not simply about managing revenue and expenses
  • There are many things to consider when assessing the quality of accounting of a hotel property, including staff training, accounting software and forecasting.
  • According to the Internal Revenue Service, hotels have a unique set of terms and practices used for accounting, atypical from basic accounting training.
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  • Specialized accounting software created for the hospitality industry will help hotel management or accounting staff keep track of day-to-day finances, as well as forecast for the future.
  • If a hotel's accounting is in disarray, consider hiring hotel management consultants to get things on the right track.
  • There is specialized hospitality accounting software that helps hotel management and accounting personnel keep track of their daily finances, as well as predict future revenues and expenses.
  • Latest trends in hospitality accounting applications point toward more cloud-based software, allowing companies to access real-time business information on any device.
  • Because hotel accounting involves a more complex set of practices than typical accounting, accounting personnel must go through training that differs from traditional training
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    We believe accounting serves a purpose beyond presenting the historical financial position of a hotel. Timely accounting information, properly presented, is information that management can use to improve future performance and compare income and expenses to past performance and future goals. Accounting data is processed using an offsite Application Service Provide (ASP) over the internet. This enables our hotels to input daily revenue and statistical data while accounts payable is processed regularly. The end result is that managers, owners and corporate staff can review financial data on line at any time over the internet using a web browser.
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    Hotel accounting is not simply about managing revenue and expenses. Independent hotels and hotel franchises have unique financial needs that demand competent staff and an accounting system that will allow management to plan for the future and improve services for both guests and staff alike. There are many things to consider when assessing the quality of accounting of a hotel property, including staff training, accounting software and forecasting.
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    Hotel accounting is not simply about managing revenue and expenses. Independent hotels and hotel franchises have unique financial needs that demand competent staff and an accounting system that will allow management to plan for the future and improve services for both guests and staff alike. There are many things to consider when assessing the quality of accounting of a hotel property, including staff training, accounting software and forecasting.
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    The accounting could be manual or computerized accounting methods, procedures, and controls. It could be used to collect, record and analyze operational data. The hotel managers also could interpret the information in the accounting system to make management decision. It's a good method to gain more benefits with an accountings' help. With an good quality accounting system, the manager of restaurant could make a decision on the percherse amount and find out the peak season. Also, it will be easy for a manager to make decision on how many employees should be hired. The information in the accounting system is not only make a record. It refelect the performance of restaurant. As this artical metioned, the things need to be considered when choosing an accounting including staff traing, accounting software and forecasting.
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    Hotel accounting is not simply about managing revenue and expenses. Independent hotels and hotel franchises have unique financial needs that demand competent staff and an accounting system that will ...
amoon008

Artificial Intelligence for Hotels: 9 Trends to Know | Cvent Blog - 0 views

  • using artificial intelligence for hotels is “not just a matter of gaining a competitive advantage; it’s imperative in order to stay in business.
  • “94% (of C-level executives) reported that artificial intelligence would ‘substantially transform’ their companies within five years
  • 49% of survey respondents say that the hotel industry ranks right in the middle at a grade of “C” for artificial intelligence implementation
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  • Hyperdynamic pricing allows booking engines to automatically search social media, past user data, and even world news to display rates that maximize earning potential.
  • Improve revenue management and help save the environment with energy, water, and waste-monitoring tools.
  • Chatbot translators can quickly identify languages used by website visitors based on their location. They can also translate scripts on the fly and manage simultaneous guest inquiries from all over the world
  • AI is already changing the guest experience across the travel lifecycle, including the on-property experience
  • Consider chatbots for your hotel if you’d like to create consistent guest experiences and free up time for front desk staff to provide the best possible service for guests who are physically present. 
  • Hotels such as the Radisson Blu Edwardian in London and Manchester use artificial intelligence concierges to check guests in or out, order room service, and answer questions 24/7
  • Artificial intelligence is used in the hotel industry for revenue management, guest experience, and the automation of daily operations.
  • Cvent Passkey for Hoteliers uses smart technology to maximize the sales potential of existing business, improve the booking experience, and seamlessly organize all related departments.
  • Machine learning (a subset of AI) makes it easy to automatically collect, store, and analyze data from across a variety of online sources. 
  • "Wow" event planners with products such as Cvent Event Diagramming — an intuitive tool used to create 3D diagrams of event spaces.
  • Hilton and IBM teamed up to create Connie (named after Conrad Hilton), the first in-person customer service robot for hotels. The AI model can learn from guests and adapt over time while answering questions, fulfilling simple booking tasks, and improving its own speech over time. 
  • Hospitality recruiters are using machine learning to hire hotel employees in ways that go beyond the outdated resume model. Using personality profiles of existing team members and gamification-based tests, IHG and other top hotel brands have recruited thousands of employees. 
  • Keep an eye out for the tools, gadgets, and platforms that aren’t available now but are set to create a noticeable impact on the industry
  • Look out for passports with guest health information built in so medical professionals on or offsite can quickly access information such as their medical history, current medications, and allergies in an emergency.  Stay tuned for star ratings for hotel guests so properties can see information about their past stays. Look forward to robots as support staff to help ease the burden of late-night shifts and the effects of a high turnover industry. 
  • While AI robot concierges, room service delivery, and cleaning machines have the potential to replace 25% of today’s hospitality workforce, experiments such as Henn na Hotel in Japan
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    This article mainly describes the current main trends of artificial intelligence in revenue management, guest experience, and daily operations. AI's concierge service, chat robot translator, ultra-dynamic pricing, forecasting utility, team booking software review data collection, intelligent function charts, and intelligent recruitment are the main manifestations of future technological development. Through these artificial intelligence, the hotel can simplify some service procedures, provide more personalized and improve the guest's staying experience. But at the same time, we must also realize that intelligent technology cannot completely replace employees.
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    "AI is already changing the guest experience across the travel lifecycle, including the on-property experience."
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