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Twelve chic galleries by country with some of the best snapshots from well 17,000 photos that were taken on our trip around the World.

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number of insolvencies in 2010 will rise

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Private Equity: overestimation of the "debt" effect

In these days voting begins with the countries and the consultation of the associations for De-Mail-law. De-Mail-law is the basis for the de-mail.

Today's e-mail that no basic security functions for the

electronic message exchange, such as encryption, secure identity of communication partners and detectability (Versand-/Zustellnachweise). The de-mail security features makes this easy to use and so widely available. The Ministry of Home Affairs is coordinating the project, creating with the De-mail law, the legal framework. The technical concepts developed with the close involvement of industry. is implemented and operated De-mail from state-licensed and usually private providers - the de-mail providers. Interior Minister de Maizière: "With De-mail we create even in this year, the ground for a second generation of e-mail, with the citizens, business and management share in the future ensure authentic and verifiable electronic messages to each other can. Since De-mail is provided by private de-mail providers that are approved by the state, here we go an important step towards greater self-determination in the information society and to better data protection and data security on the Internet. " The first pulse of the Federal Ministry of the Interior for the development of De-mail was sent by the economy quickly and enthusiastically resorted to. It has brought significant de-mail with their own resource constraints.
this, the Federal Minister of the Interior: "The parties have supported us with their experiences and suggestions in improving the concept of de-mail more and more. My thanks to the Deutsche Telekom AG and United Internet (WEB.DE, GMX), who have been involved as a future de-mail provider from the first lesson in de mail project as well as the Deutsche Post AG and to further De-mail interested providers who have given the project continues important ideas - including medium-sized Providers such as Mentana Claimsoft. Is important to me that De-Mail-party across the "common denominator" for the second generation of e-mail. Based on this common ground opens up enough space for a vibrant market of value added services and additional offerings of each provider.
am In that sense, I am on the suggestions of the Ver-countries and associations in the current legislative process that we want the end of 2010 concluded. "

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see 81 percent worldwide, the teamwork is the key to business success. In Germany there is still more than half of the companies.
To support the team work more, planen mehr als zwei Drittel der deutschen Firmen Collaboration-Lösungen im kommenden Jahr stärker zu nutzen.


Zu diesen Ergebnissen kommt eine Studie des Marktforscher Kelton Research, die im Auftrag des Beratungsunternehmens Avanade erstellt wurde. An der Befragung beteiligten sich mehr als 500 Vorstände, Manager und IT-Entscheider.

Betriebe fördern die Zusammenarbeit von Mitarbeitern um Kosten zu senken und um die täglichen Aufgaben effizienter zu lösen. Die Studie zeigt: Während IT-Budgets in der Wirtschaftskrise eher geschrumpft sind, ist das Interesse an neuen Technologien wieder gewachsen. So bestätigen 78 Prozent der deutschen Unternehmen, dass sie offener für Innovationen geworden sind. More than a quarter of the companies find new world more important to save as costs. "The study shows that the deepest point of the crisis is over, companies are looking actively for opportunities for innovation," says Tyson Hartman, Global Chief Technology Officer, Avanade. Collaboration solutions are important tools to link the different resources.

The respondents also seem to think so. More than two thirds of German survey respondents indicate that collaboration can be achieved by the best working results.
The respondents use collaboration tools, especially in order to save costs, increase productivity and save time. 22 percent access to the tools by less having to travel and 28 percent because customers expect it of them. Only nine percent use collaboration to set themselves apart from competitors.

pent-up demand in Germany for video conferencing, IM, wikis, blogs and communities


online communications technologies are in German companies nowadays. This is what 82 percent of the communication by e-mail as an important component of cooperation. More than half admit corporate portals and intranets play an important role. Two-thirds consider online workspaces that support easy access to data and documents and work together as important.

The results show that Germany compared to other countries in some areas still have much to do. Adds Tool such as video conferencing, wikis, instant messaging, blogs and online communities are relatively unexplored, although the respondents using this regard as important for business success.



source (s): CIO

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venture capital activities in Germany in the 2nd Quarter of 2009

high liquidity and few investment opportunities

Many investment companies have in recent months, the value of their portfolios but can significantly increase the yields achieved but remained far behind the back what was once the private equity backers promised. This increases the pressure on the industry, which has around 600 billion dollars of committed capital available to use the money wisely. Either have already received funds and fees are returned, or the investment periods of Private Equity Funds be extended any further charges. As will pay considerable pressure from the investors. because bad investments and quick shots on acquisitions would see no one. Many private equity managers would hanging up your researcher next fund fear anyway, do not get paid more by investors. The death of private equity firms will indeed been slow, it may well have 30 to 40 percent of the houses that exist today will disappear (especially the younger ones) from the market.

According to information obtained SCM-European Private Equity Fund 2009, annual interest rate of 14.4 percent, American funds of 12.3 percent. The British research firm Prequin comes to similar values, limits, however, that has been made in the stock markets better results (Index: S & P 500: plus 26.5 percent). However, many private equity companies, the valuations of their companies had written off dramatically last year and 2009, only restrained written back. You want to avoid the embarrassment of 2010 may have to adjust again.

It was kept by private equity fund companies have responded quickly to the crisis through lack of funding as in many listed companies, which is why these companies had been partly strong operating profit growth. This increases the chance that the opinions of private equity funds to increase significantly. "The latest data confirm that private equity returns are still recovering at high speed," writes Paresys Etienne, head of market research Prequin. What yield a private equity fund for its investors ultimately made, can be calculated only after sale of all companies included.
The industry will deal with new Acquisitions and disposals it difficult for the foreseeable future. While there are by now a reasonably functioning credit market, are also financed new transactions only very selectively. Only companies with secure cash flow can be acquired at current cycle company dares to put a little hand.


source (s): Frankfurter Allgemeine Zeitung, SCM, Prequin

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devil has established itself in Europe as a direct seller of home theater and speaker systems and markets while the self-developed systems. The Berlin-based company now has a new owner: HgCapital.

Four years has the devil's management with the private equity firm Riverside worked. This was taken in 2006 by company founder Peter Tschimmel the majority. Sales and earnings with the speaker could be developed in-house Internet sales platform more than doubled since 2006.

But the pan-European private equity investor HgCapital main shareholder. HgCapital should already have expertise in direct sales and can demonstrate experience with similar operating companies. The characters are with HgCapital point to growth. The product portfolio will be expanded according to managing director Thorsten Reuber.

source (s): Video Active, Tom's Hardware

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It could be the showdown of the year: Two groups are working feverishly to legally secure e-mail. The German post office replaces the "E-Mail letter" against German Telekom and United Internet. The preliminary round has already begun.

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The year 2009, the hitherto seemingly unbridled growth market of interim management for the first time demonstrated limits.
The annual study by the Working Group Interim Management provider (AIMP) noted a drop of the interim market by 22 percent. Instead, with forecast growth of 19 percent sales in 2009 was 41 percentage points below expectations from the previous year. With an estimated market volume of 1.2 billion of the interim market here is well below the level of 2008.
The reasons for this lie in the significantly lower utilization and day rates fell slightly. Thus, the AIMP interim manager on average only 122 days worked, which means a decline in capacity utilization by 14 percent over 2008. For the next few years, it expects a modest growth.
In the face of economic and financial crisis, many companies have frozen their budgets in hopes of coming to such ends meet. Almost a third of all failed mediations durch AIMP Provider geht auf das Nichtzustandekommen von Projekten zurück. Das sind acht Prozent mehr als im Vorjahr.

Exportbranchen: unruhiges Wasser in 2009

Der Einbruch der klassischen Exportbranchen im Zusammenhang mit der Weltwirtschaftskrise wirkt sich auch auf den Interim Management Markt aus. Besonders die Automobilbranche sowie der Maschinen- und Anlagenbau weisen eine geringere Nachfrage an Interim Management auf. Sechs Prozent weniger Manager auf Zeit kamen in diesen beiden Branchen zum Einsatz. Machten Automotive und Anlagenbau 2008 fast ein Drittel der vermittelnden Interim Mandate aus, so waren es in 2009 nur noch 25 Prozent. Im Gegensatz zu den stark exportabhängigen Branchen - die bisherigen "Königsbranchen" interim management - seems quite stable but all other industries in the use of interim management. The AIMP providers see this as confirmation that the market decline of 22 percent clearly related to the crisis and interim management itself is not.

Interimistic work is less and less a bridge to the Employee

2009 Interim far fewer mandates led to a transfer to a permanent position. If this was 2006, 16 percent of seats remains the case were 2009, only five percent of the interim mandates in a solid relationship on employees. Interim management is so rare as a no-obligation trial work, but more often as an independent Personal tool detected.

forecast

first time since 2005 shows a slight increase in demand for the restructuring related activities. A rise of two percent should not be confused with a trend. The providers expect that interim management will recover in the next few years. They expect for the next three years with growth averaging 13 percent. For flexible surgery with the aid of external know-how is a far better action than to remain in a state of shock.

source (s): AIMP