In a perfect digitally transformed world, every application workload would instantly know where best to deploy itself. No one on the IT staff would ever have to spend time optimizing the performance of those workloads or worrying where they are running at any given moment. As great as that all sounds every IT professional attending the VMworld 2017 conference this month knows all too well that application workloads are not going to manage themselves any time soon. What IT professionals can count on is the fact that application workloads and the IT infrastructure on which they depend are becoming acutely more intelligent with each passing day.IT professionals today routinely get asked to manage workloads that are anywhere from a few decades old to literally being born of the cloud in that last few minutes. Some of those workloads need to run on a public cloud. But the clear majority of those workloads will continue to be deployed in traditional on-premises data center environments now and well into the future. The real challenge going forward will be managing those workloads as they migrate across hybrid cloud computing environments that will soon be the de-facto standard across the enterprise.At the Dell EMC booth #400 we will be showcasing new additions to our Enterprise Hybrid Cloud and Native Hybrid Cloud platforms as well as updates on our HCI portfolio. In addition to the Dell EMC experts staffing the booth, there will no shortage of vBrownBag TechTalks and Hands-on Labs!Of course, the inimitable Chad Sakac, president of the Dell EMC Converged Platform and Solutions Division (CSPD), will provide his unique perspective on the ‘the State of the Union’ within Dell EMC with a special focus on multi-cloud, converged and hyper-converged platforms during a breakout session on August 30 from 8:30 – 9:30 a.m. That will be preceded by an ‘Ask Chad’ session at the Dell EMC booth during which customers and partners will be invited to ask Chad questions on Monday, August 28 between 2:30 – 3:30 p.m.In addition, you should make time to visit the HCI Room to see why VxRail systems are the fastest growing product line in our history.Finally, don’t miss a chance to hear from your peers during our CONVERGED meetup Monday, August 28 from 3-5:30 p.m., at StripSteak in Mandalay Bay. The highlight of this session will be a customer panel of VxRail and EHC/NHC customers moderated by CPSD’s head of marketing, Bob Wambach, Chad Sakac and VMWare’s head of Dell Technologies solutions, Iain Mulholland.Naturally, no conference experience is complete without the opportunity to take home some cool swag. In the HCI Room you’ll discover a new HCI Hero interactive video game along with some awesome VxRail swag. In the VxRail’s escape room you’ll find the The Great Xscape – a physical experience that challenges participants to complete thee puzzles in less than 10 minutes to escape the room. The group with the best time of the day will win Dell laptops! For those that arrive early enough we also encourage you to participate in the 9th annual v0dgeball tourney on Sunday, August 29 at 3:00 p.m. to benefit the Wounded Warriors charity.The unifying theme of all these events is VMware, which now sets the bar for what hybrid cloud computing in the enterprise should really be. Personally, I’m looking forward to seeing how the latest version of the VMware vRealize automation framework injects a massive amount of intelligence into the management of hybrid clouds. That capability makes public clouds hosting instances of VMware an almost seamless extension of any on-premises IT environment.We are also excited to show you how the latest generation of NVMe-based VxRack systems are redefining the economics of hybrid cloud computing. Contrary to popular opinion it’s now much more cost effective to run certain classes of long-running workloads in an on-premises IT environment. In fact, a recent Cloud Price Index report published by 451 Research notes that anything involving more than 400 virtual machines is less expensive to deploy on-premises. Obviously, public clouds will continue to play an important role in IT. But we believe it has been conclusively proven that the future of enterprise IT will revolve around hybrid clouds built on top of robust pre-integrated IT infrastructure such as our Dell EMC Blocks, Racks and Appliances that are designed from the ground up to achieve unparalleled levels of scale.If you can’t make it out to Las Vegas this month, be sure to try and attend VMworld 2017 conference in Barcelona next month. Whether we are in the desert or on the shores of the Mediterranean we know there really is no substitute for a hands-on experience when it comes to seeing and believing in the future of hybrid cloud computing.
Institutional investors in Europe and the Middle East (EMEA) have a “more voracious” appetite for high-yield corporate debt than those on a global level, but they lag when it comes to alternatives, according to a survey by Allianz Global Investors (Allianz GI).For the fourth year, the asset manager has surveyed hundreds of institutional investors across the world on their attitudes to risk, portfolios and asset allocation.This year, the report covers 755 investors across 23 countries representing more than $26trn (€23trn) in assets under management.It is split by region, with 250 respondents in the Americas, 250 in the EMEA region and 255 in Asia-Pacific. One-third of the respondents for the EMEA were pension providers, with insurance companies the next biggest category (27%).According to AllianzGI, the study shows global investors have hardly changed their risk-management strategies since the financial crisis in 2008, yet investors in the EMEA have.The use of duration management in the EMEA increased by 15 percentage points compared with pre-crisis levels (43% to 58%).Diversification approaches – by geography and by asset class – remain prevalent, however.“This is understandable,” according to AllianzGI, “given that institutional investors in the EMEA region consider market volatility to be among the biggest investment concerns, along with monetary policy and the low-yield environment.”EMEA investors are less concerned about market volatility than institutional investors globally (36% versus 42%), but they view the low-yield environment as a greater challenge than do their global peers (29% versus 24%).In terms of asset allocation, equities are the preferred asset class for investors in the EMEA, as they are globally, although with a strong home-region bias.High-yield corporate debt is the second most attractive asset class among EMEA investors.“This highlights the thirst for yield in the region and hints at the increased risk EMEA investors are willing to stomach for performance,” AllianzGI said.“To further underline this trend, they have a larger appetite for private equity than their global counterparts (19% versus 12% globally).”The asset manager said that, despite this, investors in the EMEA region lagged the rest of the world when it came to investing in alternative assets.Corporate high-yield debt was one of the three top asset classes EMEA investors said they would go long on/buy, selected by 28% of respondents.The asset class did not make the top three list for investors globally.As concerns alternatives, 65% of institutional investors in the EMEA invest in this asset class compared with 74% worldwide.AllianzGI said it was interesting that fewer EMEA investors than globally believed alternatives could help as a source of diversification (18% versus 25%).Another finding of the survey was that institutional investors primarily incorporate ESG principles into the way they invest for ethical reasons.The desire to minimise risk was more of a driver for this for EMEA investors than worldwide (by 2%), while the “demand of corporate policy” was less of a factor.In terms of threats to portfolio performance, European institutional investors were most concerned about event risk, according to AllianzGI.It suggested this could be due to concerns about terrorist attacks, as well as the upcoming EU referendum in the UK.,WebsitesWe are not responsible for the content of external sitesLink to AllianzGI RiskMonitor report
After being labelled childish by Prison Commission of Inquiry (CoI) Chairman, Justice James Patterson, Guyana Bar Association (GBA) President Christopher Ram has finally responded, explaining his Association’s reason for withdrawing from the Inquiry, which is seeking to determine what led to the deadly prison riot on March 3.Last month, Justice Patterson scolded Ram, who had stormed out of the CoI, withdrawing the group’s participation from the investigation. Patterson had said Ram’s behaviour was childish.At the time, Ram was of the view that some lawyers at the CoI were being sidelined, and more ‘privileges’ were being given to the Guyana Prison Service’s and Guyana Fire Service’s legal representatives.In his response on Thursday, Ram said the Bar Association could not be allowed to be “perceived as compromised or complicit in an exercise that paid little regard to basic standards of procedure and fairness in this matter”.He said the Chairman, the only legal person on the Commission, could not escape responsibility for the shortcomings that did a disservice to those who died or were injured or otherwise affected by the events of March 3.Ram said the statement issued by Patterson, two days after he walked out of the CoI, failed to address the issues at hand, but rather was replete with personal attacks and invective.“Since I only read about the statement in the press, I wrote to the Chairman on April 26 asking for a copy of the statement and for him to indicate to me from the detailed transcripts of the proceedings the instances where my conduct fell short of professional standards. So far, Mr Patterson has failed to respond to my request. Without engaging in any ad hominem accusations, I wish to clarify the position of the Guyana Bar Association on the decision to cease participation in the Commission,” Ram said.He posited that after observing a number of weaknesses in the proceedings of the Commission days after it began taking evidence, the Bar Association on March 11, 2016 applied for and received standing from the Commission to appear before it. Some of the weaknesses, he said, were commencing public hearings without any adequate preparation, including placement of advertisements inviting witnesses; the absence of basic information gathering; the absence of Rules of Conduct; the non-appointment of a Commission Counsel; the selection of witnesses, and the conflicts of interest among Commissioners.“In an effort to assist the Commission, the Bar Association soon thereafter provided the Commission with a copy of the Rules of the Walter Rodney Commission of Inquiry and other literature and authorities on Commissions of Inquiry, including the role and authority of the Chairman in a Commission of Inquiry.”Ram said the Counsel for the Bar Association and inmates had expressed their dissatisfaction repeatedly, but out of public duty and an obligation to contribute to the search for the truth, continued its participation in the Inquiry. The situation became entirely intolerable when a key witness, the Senior Superintendent of Prisons was being examined by opposing Counsel, he added.The Bar Association President said as a result, following consultations with Glenn Hanoman who regularly appeared at the hearings on behalf of the Association, and with other Attorneys at the Commission, it was agreed that the Association’s continued participation in the Inquiry only served to give legitimacy to a seriously flawed process.Attorneys were particularly struck by the repeated and ill-informed comment of one Commissioner that the Commission was not a court of law and the insistence for procedural proprieties was time-consuming, unproductive and unnecessary. On the other hand, it was becoming increasingly apparent that the Commission was more concerned about an artificially imposed deadline rather than a genuine pursuit of its Terms of Reference.“It is my contention that any Commission of Inquiry, and certainly one investigating the worst prison deaths in the history of any Commonwealth country, cannot be fettered in its search for the truth. Truth is often hidden and its discovery takes painstaking examination. Unless there is clear evidence of irrelevance, obstructionism or time wasting, Commissioners ought to carry out their duties diligently and fairly to all the parties with not even a semblance of injudiciousness, arbitrariness, capriciousness or ignorance of the relevant rules.“The Attorneys representing the Bar Association did not take the decision to withdraw lightly and we remain committed to the cause of justice in this matter. We could not, however, allow the Bar Association to be perceived as compromised or complicit in an exercise that paid little regard to basic standards of procedure and fairness in this matter,” Ram said.