June 16 2022
Microsoft has unveiled Viva Sales, the first role-based module in the Viva lineup. Viva Sales is a sales experience tool that looks at data and relationships across CRM, Office 365 apps and content, and Teams to assist sellers with advice and context.
“Viva Sales is a companion of any CRM system,” said Emily He, CVP of Microsoft Business Applications, in a statement. The product “captures valuable customer engagement data, intelligently automates data collection, delivers real-time insights to customer interactions, and recommends next-best actions all the way to closing the deal. It also gives sales management a more holistic view of what’s happening in each account, so they can better manage and forecast their sales results,” she added.
Microsoft plans to launch Viva Sales in Q4 2022. It will integrate with Dynamics 365 Sales as well as other CRMs, according to Microsoft.
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According to Microsoft, the new module of Viva aims to address pain points like data entry, gathering customer engagement data stored in documents, and reducing administrative work.
As the editor of MSDynamicsWorld.com, Jason oversees all editorial content on the site and at our events, as well as providing site management and strategy. He can be reached at jgumpert@msdynamicsworld.com.
Prior to co-founding MSDynamicsWorld.com, Jason was a Principal Software Consultant at Parametric Technology Corporation (PTC), where he implemented solutions, trained customers, managed software development, and spent some time in the pre-sales engineering organization. He has also held consulting positions at CSC Consulting and Monitor Group.
As the editor of MSDynamicsWorld.com, Jason oversees all editorial content on the site and at our events, as well as providing site management and strategy. He can be reached at jgumpert@msdynamicsworld.com.
Prior to co-founding MSDynamicsWorld.com, Jason was a Principal Software Consultant at Parametric Technology Corporation (PTC), where he implemented solutions, trained customers, managed software development, and spent some time in the pre-sales engineering organization. He has also held consulting positions at CSC Consulting and Monitor Group.
More about Jason Gumpert
Driven by market demand for efficiency and cost savings, the largely traditional legal industry is increasingly adopting legal technology to improve processes. Implementing a law practice management software (LPM) can help law firms minimize administrative tasks and spend more time practicing law and meeting client demand.
There are many moving parts to adopting new software and processes in a law firm. Once you’ve done your research and landed on viable options, getting the staff’s buy-in to the new law practice management platform is essential. Without sufficient onboarding and training, law firms won’t get the full return on investment or leverage the features to run their practice as efficiently as possible.
While introducing any new software comes with an adjustment period, with the right law practice management provider, resources, and training — your firm can begin using any system in no time at all. Here are a few tips to make the process smooth for your entire team.
The first step in successful implementation of law practice management software is getting the entire staff on board. Even occasional users should be involved in training so that they know how to use the software as the situation dictates. When lawyers and staff understand the value of legal technology and how it benefits them, they’re more likely to commit to learning and understanding it.
Clarifying the current inefficiencies that the software aims to solve shows law firm staff how their jobs become easier after the training process. You could provide real-life examples of pain points that impact specific members or departments to drive buy-in. For instance, if your firm struggles with document management, you can showcase how a cloud-based LPM safely stores all documents in one location and can be accessed from anywhere. Documents can be tied to a specific matter or contact, so you can quickly access a document when you’re working under that screen.
No matter how intuitive, there will be bumps along the way that can cause delays or frustration among staff. Your law firm should prepare for and communicate with clients about the changes and potential delays that could impact them. This is where an LPM provider can support your law firm through the onboarding process.
Law firms should also have a clear idea of the problems they’re looking to solve and the goals they want to achieve with the software. Law practice management software is simply a resource to enhance workflow and efficiency, but it can’t do it on its own.
Training should never be a one-time event. As staff members gain skills and navigate features, they will need to practice them to become more comfortable with the platform. This doesn’t have to be time-consuming – just 10 or 15-minute training sessions with hypothetical scenarios can build the skills necessary to use the software regularly.
Most importantly, hypothetical scenarios and practice sessions allow staff to make mistakes and learn from them without compromising important cases or impeding the business process. They won’t be nervous about experimenting and learning with low stakes.
Incorporate training sessions during weekly or quarterly meetings. You can even host a lunch and learn session or provide an incentive for participating. Generating morale (and rewards) around training will make it feel less like work.
Law practice management software vendors should provide resources and training for law firm employees.
An open channel of communication is necessary to empower staff and ensure the platform is the right fit for the firm. Leaders can give feedback on progress, but it’s important that staff can also share their concerns or limitations with the software as well. The platform won’t be beneficial if the staff isn’t comfortable using it, so feedback is an opportunity for law firms to evaluate their different software options.
Feedback sessions should be structured, however. Examples may include meetings to discuss progress, a dedicated email to submit feedback and questions, or a digital suggestion box specific to the platform.
Legal technology consultants with a certification in law practice management software are available to assist firms with the onboarding and training process. These consultants can support law firms with migration, implementation, and customization to ensure the software is used to its fullest.
Typically, legal consultants begin by understanding the needs of the firm and develop a strategy to implement new technology with minimal friction. If the training process is overwhelming or challenging, having a consultant can help firms save time, money, frustration, and downtime.
Whether a law firm conducts training on its own or brings in a consultant, the process should be systemized for future training. Software is constantly updated with new features and capabilities that will need some training to learn, and new hires will need to be trained on the software as part of their onboarding.
With systems in place, leaders and staff can prioritize processes, time, and budget to improve or execute new ideas and improve both the staff and the value of the technology in the firm.
As the staff and lawyers learn the software, they will experience small wins. All of these wins should be celebrated throughout the firm to instill the value of the technology and boost engagement.
For example, law firms can send out firm-wide emails to showcase positive results staff has experienced since implementing the new platform. Whether a process was created, or a staff member noticed a reduction in time spent on tasks that used to take hours, that should be a cause for celebration.
Law practice management is ever-evolving with product updates, webinars, and training materials that continue well after the initial implementation. These updates are important for lawyers and staff to take advantage of new features, and learn how they can positively impact their day-to-day work.
Implementing new legal technology can be overwhelming for law firm staff, but once the real-world benefits are realized, staff can appreciate the time spent on training.
About this Author
Nina Lee is the Senior Marketing Manager at PracticePanther, an all-in-one law practice management software company. She leads the marketing department to create engaging campaigns that help legal professionals understand the power of legal technology.
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Kingston Digital, Inc., the Flash memory affiliate of Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced the release of the Kingston IronKey™ Keypad 200 (KP200), the industry’s first drive to deliver the latest FIPS 140-3 Level 3 security for your data.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220912005061/en/
Kingston IronKey™ Keypad 200, the industry’s first drive to deliver the latest FIPS 140-3 Level 3 security for your data, with alphanumeric keypad and multi-PIN option. (Photo: Business Wire)
The IronKey™ Keypad 200 is built with robust protection and flexibility of use in mind — offering XTS-AES 256-bit hardware-based encryption in a feature-rich and OS-independent alphanumeric keypad. KP200 incorporates a built-in rechargeable battery, so users can unlock the drive using the keypad for easy-to-use PIN access, without using software. Once unlocked, users can access their data by plugging the drive into any device that supports USB Type-A Flash storage, making it a plug-and-play device across IT ecosystems.
KP200 is FIPS-140-3 Level 3 (Pending) certified for military-grade security, and the drive’s circuitry is coated with tamper-evident, tough epoxy to prevent access to its internal components without damaging them. For another level of protection, the keypad is coated with a protective polymer layer to prevent the analysis of fingerprints on the keys.
KP200 supports a multi-PIN option, allowing the use of separate Admin or User PINs. KP200 locks the User PIN after ten failed login attempts, but if both PINs are enabled the Admin can be used to restore a User PIN and access to the drive. If the Admin PIN itself is incorrectly entered ten times in a row, the built-in Brute Force attack protection will crypto-erase the drive, permanently destroying the data and resetting the device. Additionally, KP200 can safeguard against malware from untrusted systems with two different Read-Only modes, empowering Admin to write-protect the drive during a specific session or globally across all User sessions.
“The Kingston IronKey KP200 is the first drive to successfully pass certification lab testing for the latest FIPS 140-3 Level 3 military-grade security level from NIST,” said Richard Kanadjian, encrypted unit manager at Kingston. “With no need for software and ease of use of the keypad, KP200 is the best solution for those looking for flexibility while maintaining the highest-level security for storing sensitive data on the go.”
KP200 adds security enhancements for FIPS 140-3 Level 3:
– Minimum PIN length goes from 7 to 8 digits (max is 15) for stronger PIN security
– No factory-preset PIN – User must set up PIN upon first use
– Periodic self-testing to ensure fully-functional security features – KP200 will shut down if a problem is detected
– Automatic shutdown under excessive thermal and voltage conditions
– Enhanced Random Number Generator to strengthen encryption key generation
The Kingston IronKey Keypad 200 has available storage capacities ranging from 8GB – 128GB and is backed by a limited three-year warranty, with free technical support, and the legendary Kingston reliability. For more information, visit kingston.com.
Kingston IronKey Keypad 200
Part Number
Capacity
IKKP200/8GB
8GB IronKey Keypad 200
IKKP200/16GB
16GB IronKey Keypad 200
IKKP200/32GB
32GB IronKey Keypad 200
IKKP200/64GB
64GB IronKey Keypad 200
IKKP200/128GB
128GB IronKey Keypad 200
Kingston IronKey Keypad 200 Features and Specifications:
Kingston® IronKey™ Keypad 200 incorporates DataLock® Secured Technology licensed from ClevX, LLC. www.clevx.com/patents
1 Some of the listed capacity on a flash storage device is used for formatting and other functions and thus is not available for data storage. As such, the actual available capacity for data storage is less than what is listed on the products. For more information, go to Kingston’s Flash Memory Guide.
2 Speed may vary due to host hardware, software, and usage.
3 Product must be clean and dry before use.
4 Compatible systems.
About Kingston Technology Company, Inc.
From big data, to laptops and PCs, to IoT-based devices like smart and wearable technology, to design-in and contract manufacturing, Kingston helps deliver the solutions used to live, work and play. The world’s largest PC makers and cloud-hosting companies depend on Kingston for their manufacturing needs, and our passion fuels the technology the world uses every day. We strive beyond our products to see the bigger picture, to meet the needs of our customers and offer solutions that make a difference. To learn more about how Kingston Is With You, visit Kingston.com.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
April 25, 2022 08:09 ET | Source: Fortune Business Insights Fortune Business Insights
Pune INDIA
Pune, India, April 25, 2022 (GLOBE NEWSWIRE) — The global document management system market size was USD 5.00 billion in 2021 and reached USD 5.55 billion in 2022. The market is anticipated to reach USD 16.42 billion by 2029, exhibiting a CAGR of 16.8% during the forecast period. The rising demand for paperless government and offices due to the extensive adoption of cloud services is expected to propel the market development. Fortune Business Insights™ provides this information in its report titled “Document Management System Market Growth, 2022-2029.”
A document management system is a solution developed to systematically manage documents and files and simplify data management. The rising demand for paperless government and offices may enhance the market growth. Further, the extensive adoption of cloud-based services may enhance the product adoption. These factors may propel the industry’s growth in the coming years.
Key Industry Development
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Report Scope:
Drivers and Restraints
Robust Demand for Workplace Efficiency to Enhance Market Growth
The incorporation of advanced technology such as artificial intelligence, real-time tracking solutions, and cloud computing solutions is expected to surge the product demand. For example, eGrove Systems Corporation announced an integrated advanced agile document and time tracking project management. This factor increased workplace efficiency by using advanced software solutions. Further, incorporating the software enables companies to manage the workplace environment and achieve their goals. These factors may propel the document management system market growth.
However, increasing data privacy concerns and regulatory compliances may hinder market growth.
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Regional Insights
Presence of Major Players to Propel Market Progress in North America
North America is expected to dominate the document management system market share due to the presence of several major players. The market in North America stood at USD 2.25 billion in 2021 and is expected to gain a huge portion of the global market share. Further, the presence of a developed digital infrastructure is expected to boost the industry progress.
In Asia Pacific, the rising adoption of DMS solutions by government, manufacturing, and other sectors is expected to boost the document management system adoption. These factors may propel the market growth.
In Europe, rising investments in digital platforms may boost the adoption of the document management system. Further, rising digital platform investments are expected to boost industry progress.
Segments
By component, the market is segmented into solution and services. As per deployment, it is bifurcated into cloud and on-premises. Based on organization size, it is clubbed into large enterprises, and small and medium enterprises. By industry, it is classified into BFSI, IT and telecommunication, government, manufacturing, retail, healthcare, and others. Regionally, it is classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Competitive Landscape
Players Announce Novel Services to Boost Brand Image
The prominent players operating in the market announce novel services to enhance their sales and boost brand image. For example, Google LLC announced an AI-based Lending DocAI service for the mortgage industry. The AI tool helps several mortgage companies in speeding up their document processing. It helps automate routine document reviews by extracting the data required. It is a civilized document that may enable the company to boost its brand image. Further, companies adopt research and development, mergers, acquisitions, and expansions to boost their annual revenues and global market position.
Quick Buy – Document Management System Market:
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Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market’s key players.
COVID-19 Impact
Rising Dependence Upon Digitization to Foster Market Growth
This Document Management System Market is expected to be negatively affected during the COVID-19 pandemic because of the rising dependence on digitization. The alarming spike in COVID-19 cases leads to restrictions on manufacturing and the closure of activities. Companies focus on developing digital infrastructure to continue their activities and enhance their annual revenues. The accumulation of digital data loads leads to the adoption of effective data management, thereby enhancing the adoption of the product. These factors may propel the market progress during the pandemic.
Companies Profiled in the Document Management System Market Report
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Major Points of Table:
TOC Continued…!
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