Allwyn in the CIO Applications magazine

About Allwyn Corporation in CIO Applications.

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Blockchain – Internet of Information to value

Trust is critical for business. Today, we trust banks to hold our money, eCommerce companies to deliver the products we buy online, and payment platforms to protect our transactions from fraud or misappropriation.

Ever wondered that if you had the right connections in bank, you could end up finding out lot of critical information about people whom you want to target or in general sense get a lot of important pre hand information about the person’s / companies financials. Even worse these banks and middle men are few and big  and if chaos has to be injected in the society, all it requires is a team of hackers or a group of corrupt people in the organization to act in bad faith and our value, specifically money in this case is in trouble.

What if we could mathematically embed trust into the very nature of transactional activities?

People are essentially trying to develop solutions to solve these kind of inherent problems  and  this is the genesis of block chain.

Welcome to Blockchain!

Blockchain is a distributed (decentralized) digital network that enables the exchange of value or the ability to confidently share data—including financial assets and contracts—in a secure environment .By design, blockchain builds trust into every transaction and shared data source, enabling greater security, cost efficiency and optimized reconciliation processes.

Block chain will enable value to be exchanged as quickly as information without any intermediaries. Information is travelling around the world with a blink of an eye however a single payment from one country to another is still relatively slow, expensive and unreliable. Even today a typical international payment takes 3-5 days to settle and there is a cost that you have to pay to the intermediaries i.e the banks involved to discharge the transcation.Worldwide, there are million dollar worth of cross-border payments made every year.

With the Internet of Value, a value transaction such as a foreign currency payment, can happen instantly without involving the intermediaries, just as how people have been sharing words, images and videos online for decades. And it’s not just money. The Internet of Value will enable the exchange of any asset that is of value to someone, including stocks, votes, contracts, music etc. The transfer is validated, time stamped and completed instantly. At last value will be able to move around the world as information does. The implications of this technology is mind numbing.

The World Economic Forum has predicted that, by 2027, 10 percent of global GDP is likely to be stored on block chain platforms.

We at Allwyn, recognize the potential of this technology and we are following the developments in this technology gearing our resources to take advantages of it as it enters mainstream of business.

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Allwyn wins WorkForce Star award!

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The Dulles Regional Chamber of Commerce held its annual “Stars over Dulles” awards ceremony on Wednesday December 13, 2017. The event was held at the Hilton Washington Dulles Airport Hotel in Hendon Virginia where over 200 business and community representatives attended to share in the celebration.

Allwyn Corporation received the award for Workforce Leader of the Year! Allwyn Corporation was nominated by peers in the industry for outstanding work with the Chamber with regards to the GetaJob Dulles employment tool being used by the education community, the workforce agency and the employers in the Dulles Region to help connect job candidates with the employers seeking to fill positions.

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Things You Need To Research Before Investing In PMS

Investing in property management software is an important and time taking decision and it’s going to hurt real bad if you made a choice of the wrong one!!

If you’re like most property managers, you’ll rely on property management software to run your business efficiently. The software program will undoubtedly be a significant part of your daily operations and the investment is not one to be taken lightly.

But with several options out there, how do you know the perfect software for your business?

To assist you in your search for the suitable property management software, we’ve suggested these key things to research before you invest in a Property Management Software.

Plans for Development

Think of how you intend to develop the property management business. If you’re acquiring property management software in the initial stage of your company, consider options that are designed to handle new clients/business as you acquire more properties later on. In the same manner, contemplate on how you’ll be adding to your portfolio. Most software companies bill per unit, while some charge per concurrent user (the number of users accessing the software program at a time). If your units will increase much faster than your staff strength, then evaluate the true total cost of both options.

Inquire on how the Software Works

A quick shift in mindset can go a long way in helping you make the right choice. For instance, inquiring how the software manages any given function rather than simply asking if it can or not, enables you as a new user to have a much better understanding of the software’s features and functionality. Several software companies provide similar functionalities, but they’re not all the same in the way you perform each task. Ensure that your property management software can upload, organize, and download crucial documents of your property under predefined categories.

Customization

Whenever you acquire a software program off the shelf, it’s going to have some pre-defined functionalities. The question now is, how much room do you have to modify the system to your needs and business process? Whether it is possible for you to create custom-made categories, depending on your preference and place your documents accordingly. You can actually label documents with related websites, for quick information access and even save notes associated with the document. Software companies who have acquired outside service providers, instead of developing programs themselves may require a complex process to modify because several modules have already been piecemealed together. Search for software provider who is actively developing the software on their own and providing you with updates and latest features regularly.

Software Security

When thinking about investing in certain PMS software, it is important to study how confidential customer information will be secured and if it prevents illegal access to company computer systems and databases. The product needs to be perfect for setting specific limitations to ensure that only duly authorized employees to have the permission to access sensitive data.

Ease of Use

You will find a plethora of software’s promising to be the right one to manage your property. Most of them will have a lot of features and cumbersome applications which will deliver often more information that is required. A house is the most expensive and complex thing most of us will ever purchase so make sure you don’t end up spending time and money on something that further complicates managing the same. Look for property management software that’s really easy to use and intuitive.

Managing real estate business will never be the same when you have the ideal software package that is very crucial in developing your business. Every property management software program is built to simplify management operations resulting to providing improved services, increases your income and saving your time.

Whether you’re just getting started or planning to switch from your present provider, these key things will help you pick the right property management software and ensure you’re making the perfect decision to back your business.

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Allwyn Amazon Web Service Experience

All our products are being developed using cloud-based software solutions – Amazon Web Services and all our clients are very happy with its performance. AWS has passed over 1 million active customers — those being businesses, not individuals and we thought it would be a good to share the benefits of using AWS.

No upfront cost

If you think that AWS is only for giant organizations, you might be wrong. AWS has emerged as a platform to level the competitive field, enabling start-ups to leverage high-end technologies and infrastructure needs with ZERO Capital expenditure. With AWS you can focus on your operating expenses. Try getting a price quote from Oracle or any other commercial software’s and you risk spending money on covering the high upfront cost. With AWS you can save that money, this can be a big breather for early-stage startups by freeing some capital to be deployed at other areas of concern.

No long-term contracts

A startup or small business can begin reaping the rewards of the cloud without honoring any long-term contracts. You pay only for what you use. All server-backed services are charged on the hourly basis, so as soon as you terminate/stop a server, you won’t be billed for next hour.

Scalability and Redundancy

Traditionally, companies would physically buy their own servers to expand.  This has obvious disadvantages such as costs, having more hardware than necessary, having less hardware than necessary,  and hardware breakdowns when you don’t want it.

With AWS, you never own any hardware.  You share a small piece of Amazon’s gigantic hardware farm with thousands of other companies.  As your needs grow or shrink, you can rent a bigger/smaller piece of this gigantic farm with proportional price changes.  You don’t need to worry about maintaining this farm because Amazon does all of that. AWS’s focus on scalability allows businesses in any stage of growth to get the server horsepower and data throughput they need.

Using AWS tools, Auto Scaling, and Elastic Load Balancing, your application can scale up or down based on demand. Backed by Amazon’s massive infrastructure, you have access to compute and storage resources when you need them

AWS has enabled customers not only retire servers which are redundant but to avoid expenses in maintaining the same for a prolonged period of time just because the cost of changing the servers were far more than the cost of running them.

Pay Per Use

A flexible pricing model gives businesses the opportunity to grow without over-committing to a long-term IT budget. Most of the AWS resources are available using pay-as-you-go pricing. Additionally, organizations only pay for the actual services they use which help to mitigate costs. AWS offers tier-based pricing for their Simple Storage Service (S3), charging organizations based on the amount of storage used

Memory, hard drive space, and CPUs can be tailored to exactly what you need. AWS is highly focused on reducing infrastructure cost for their customers. Tools like Trusted Advisor, or 3rd-party tools like Cloud Checker, Cloud ability, etc. can provide you insights to optimize cost within your existing setup on AWS.

AWS customers spend much less to use AWS than they would support the same workloads with their own data center resources.

Security

With AWS, you use an infrastructure which is hosted on world-class data centers and servers. When you first setup your cloud infrastructure, AWS allows you to choose a location to set-up your virtual IT infrastructure. This location may either be closest to where the majority of your users are or where your developers and administrators are based

Multiple geographic regions and Availability Zones allow you to remain resilient in the face of most failure modes, including natural disasters or system failures

AWS gives you the ability to configure built-in firewall rules from totally public to completely private or somewhere in between to control access to instances.

Global Leader

Amazon has a global presence with 10 regions, 36 availability zones and more than 50 edge locations. The worldwide spread of the AWS infrastructure ensures businesses in any location to be able to serve responsive online applications to their users in a fault freeway.

Source: Gartner (August 2016)

AWS has ranked first again in Gartner’s Magic Quadrant for cloud infrastructure services in Q3 2016. Amazon has been a leader in this market since 2006, owing to its wide array of Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) offerings, and has consistently improved its market share.

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