Convergence: profitable futures or a dangerous mirage?

Three to four years ago it seemed the most seductive of visions. Digitalisation of content would make possible ever more combinations of communication and information technologies, industry barriers would quickly tumble, lives would be made much easier and lucrative new opportunities would be created for traditional players and new entrants alike.

In practice, it hasn’t been that simple – so what went wrong? What happened to all those mergers built on the altar of convergence? Was technology too hastily adopted as the business driver? Were customer needs forgotten in the rush to exploit new ideas? Where now for companies willing and able to harness the still potent forces of convergence?

In the current edition of Vishay-Liteon we have lined up our usual panel of distinguished experts to address these and other issues. We begin with an essay setting the context for the debate and pointing out that it is as fashionable to decry convergence today as it was a few years back to invest in the hype.

Next comes US business technology pundit Peter Berns, whose hard-hitting critique is perhaps the most sceptical contribution on this topic, followed by Wharton Professor Gerry Winder and Vijay Pinder with Bobby Gunter who argue that the really significant convergence has taken place inside the head of the consumer. John Black is well known as an author and Chief Scientist – his contention is that convergence of the physical and virtual worlds is the key issue and that its shape is evolving the whole time through the dynamic actions of new communities for business.

Tamper Proof Fasteners Help Deter Vandalism

It is incredibly simple to attach items together with screws. There are typically two types of screws that you can choose from, standard screws and tamper proof fasteners. The latter one offers home owners and property owners plenty of security and protection. A fastener that is tamper proof is similar to a typical fastener. However, once it is placed on an object, it is difficult to remove. This means that if you are looking for total security; you should consider using this type of fastener.

Protection Fasteners

Usually fasteners are used to help make two or more items connect with each other securely. There are two different types of security fasteners. One is tamper resistant, and the other is tamper proof, and there are a variety of different types of security drives. Screws that are tamper resistant offer a high level of security because it takes a special tool in order to remove them. This is in contrast to regular fasteners that can be removed with an ordinary tool.

Tamper resistant screws are very popular because they can be purchased from many different suppliers. They are less expensive than tamper proof fasteners.

Materials Used To Make The Fasteners

There are a variety of materials that are used to manufacture fasteners, but steel is the material that is commonly used. Steel is resistant to climate changes, and it is the material that is used the most often. However, materials such as bronze, brass and titanium are also used to make the fasteners.

Three primary systems are used to create fasteners including:

•    Heading
•    Thread rolling
•    Coating

A tamper proof screw

An example of a tamper proof ‘SnakeEyes’ screw

Places Where Tamper Proof Fasteners Are Used

These fasteners are typically added to objects that need a higher level of defense that regular fasteners do not offer. Machine fasteners and wood fasteners are common, but shear bolts are another type that has gained in popularity. Shear fasteners and bolts are designed to perform a specific function for a specific object.

Since the fasteners are heavy duty, they are used on playground equipment, in public areas, gaming systems and any other items that require a heightened safety level in order to protect them from vandalism or other damage.

Practical uses include:

•    Prisons and correctional institutions
•    Display cabinets
•    Seat security in stadiums and other recreational areas
•    Public rest areas

These are just a few areas where it is critical that items are secure with the assistant of fasteners.

Anti tamper screws are beneficial when you are constructing woodwork or repairing appliances. They also help to deter vandalism and robbery, and this makes them a valuable crime prevention tool.

Is There Asbestos in My Edmonton Home or Business?

When it comes to finding out whether your Edmonton home has asbestos, there are some important aspects that need to be taken into consideration. If your home was built before 1980 when the government initiated ban on the use of asbestos in the manufacturing of construction materials and other tools, then chances are that your home could be contaminated with this deadly element.

Before the plan got implemented, a number of homes were built with construction materials having asbestos. Materials like shingles, floor and ceiling tiles, and flashing were made with asbestos in Edmonton. In addition to that, sidings and insulation could also have this type of material.

Importance of Asbestos Removal:

Being a homeowner, it is imperative that you are particular about the safety and security of your home and family and make sure asbestos removal is your #1 priority. Considering the fact that asbestos is an extremely dangerous substance, it is crucial that you take necessary steps to remove this substance from your home. Once it becomes powdered, the particles become small enough to enter the respiratory system.

Knowing that there is asbestos in your home is one of the most significant ways of keeping your family safe from its deadly effects. After that you are able to determine which parts of the house contain asbestos, you need to stop from there. Don’t touch them, as drilling through them, as fibers may get released posing immediate threats to the well-being of you and your family. When the asbestos fibers become airborne, there is an array of health issues that may affect your family.

Underlay made out of asbestos

An example of Asbestos underlay for linoleum

Why Choose A Professional Inspection Company?

Therefore, it is recommended that you use the services of a good asbestos testing company. They will have necessary inspection equipment that will protect them from the immediate threats posed by exposure to asbestos. Moreover, they receive proper training and know how to deal with this delicate material.

According to experts, a visual inspection of old homes is not sufficient to declare that a house is free of asbestos. There could be materials that may be hiding underground, or in the basement area. Therefore, it is recommended that you have an experienced inspection team perform a thorough examination of your space.

Asbestos worker

An Edmonton asbestos removal professional at work

Which Areas are Likely to Contain Asbestos?

Some of the common areas where you are more likely to find asbestos include ceiling and wall panels, vinyl floor tiles, outer wall cladding, roof sheeting and cladding, insulation to pipes, laminated panels, fences, adhesives, support columns, etc. Thus, if you want to have a peace of mind that your home is free of asbestos in Edmonton, make sure to consider these aspects.

A Video Explaining What Asbestos Looks Like

Starting Options Trading

options tradiing

If you want to start an option trade business, you will need a trading account together with a reliable option brokerage company or services provider. The procedure of creating an option trading account is cushy and involves simple steps. The purpose of a brokerage services provider is to offer you marketing services to help you raise the amounts you make from option trade.

After you have created and activated your account, you will be able to place options ready to be traded, and then the brokerage services provider will handle the rest. Actually, your brokerage will execute these options on your behalf. When opening an option trading account, you will be given the chance to choose either opening a margin account or a cash account. Despite the kind of your brokerage firm, you have an equal chance to open either of the above, though, depending on your choice and preference.

Now that you have to choose between two types of trade accounts, you must understand them; know the profit you can make when you open either of the accounts before you proceed to setup either account type. Here is a clear explanation of margin accounts and cash accounts.

Margin Account vs. Cash Account

The difference between a margin account and a cash account is that a cash account only allows you to use the cash available in your account to pay for options trades and all your stocks. A margin account on the other hand, allows you to utilize your current holdings, for instance long-term options and stocks as collaterals which are in turn used to borrow funds from your brokerage, and then use them as additional cash to finance additional purchases.

Minimum Deposit

Usually, there is a minimum amount that must be deposited before your open trading account is activated. The amount you will be required to deposit varies from one brokerage to the other and is also different for different types of accounts. Little or at times no amount is required to activate a cash account. According to federal regulations, a margin account, on the other hand, requires at least $2000 to be activated.

After you have created an account, you must go ahead and choose the apt brokerage to use. Unlike in earlier days when you were only able to handle open trade offline, in the modern society you have a chance to choose between an online brokerage and offline brokerages. Here is a simple guide to help you choose the one that is most apt.

Offline Brokerage vs. Online Brokerage

To be successful in option trading, it is necessary that you trade using an online trading account since they are available in wider and typical options as compared to stock trade. The online ones are extra effective since they save you from the hoax involved with stock option trade. Having to send detailed messages in one trade with your broker, especially through phones, may increase chances for miscommunication and ends up being much expensive.

With the developed technology, these days’ online brokerages which are reliable for option trading offer highly intuitive interfaces for users, where it is easier to place trade options online than when doing it over the phone. Besides, online brokerages are far much convenient since they are unlike human brokerages which can only handle a single client at a time. They otherwise handle thousands of trade options simultaneously.

Having created an open trade account then chosen an appropriate brokerage, you are in a good position to trade options. Clearly, online brokerages are the most reliable and are the ones you must use if you want to get the best results.

Jeffrey Alan Rosensweig – Speaker on International Business and Finance

Jeffrey Rosensweig is the Director of the Global Perspectives Program at Goizueta Business School of Emory University. Previously, he served for six years as an Associate Dean. An international business and finance professor, he focuses on global investing and business in the global economy. He also specializes in financial, macroeconomic, and business forecasting. A frequent keynote speaker on topics related to global economic and financial trends and forecasts, he is selected annually as the global-investing keynoter at the Security Industry Association’s Annual Institute. In 2000, Dr. Rosensweig was elected to the Council on Foreign Relations.

Petroleum Geologists: Who Are They And What Do They Do

petroleum geologist

Petroleum geologists are earth scientists working in the field of petroleum geology, which encompasses all aspects of oil discovery, processing, and production. Petroleum geologist are generally linked with the discovery of oil and the identification of any possible leads or deposits and are scientists that focus on the estimation and extraction of combustible resources like oil and gas buried deep in the earth. This process can be extremely labor-intensive and involves the use of elaborate equipment and different fields of science. These specialists mainly focus on studying the sedimentary and structural aspects of the strata/stratum to try and identify any possible oil traps.

Before one can become a petroleum geologist, they will require significant amounts of formal education. The recommended level of education before one can be considered to be a certified petroleum engineer is a Master’s Degree. At the same time, there are extra requirements, which include a good knowledge of GPS and GIS and a voluntary certification that may be required – to be discussed in depth later on.

A Petroleum Geologist’s Duties

The duties of a petroleum geologist generally include the discovery, locating and determining the amount of useful fuel reservoirs or sediments. Geologists in this career line are required to conduct field studies in an effort to analyze project data, interpret geophysical info in project reports, interpret and effectively implement drilling rig strategies for the extraction of these essential resources, create project reports that summarize the project and the estimation of fuel amounts in identified oil pockets or reservoirs.

A Petroleum Geologist’s Qualification Requirements

Generally, the educational requirements a petroleum geologist should attain to be employed will normally be dictated by the specific hiring company. However, there are still more requirements that need to be attained before one can be hired. Let’s have look at a couple of them.


Most petroleum geologists have a master’s degree in geosciences. Often, most employers will prefer candidates who possess this degree over those holding a bachelor’s degree. In most cases, Masters Degrees include courses in geophysics, mathematics, hydrology and other essential geoscience studies. At the same time, extra training in reservoir engineering, economics, computer programming, and oil property valuation can be an added advantage to people majoring in petroleum geology.

Certification and Licensure

There are some states that will require petroleum geologists to get a license if they directly deal with the public. Voluntary certification can be gotten via an accredited agency like AAPG or American Association of Petroleum Geologists.

Extra requirements

petroleum engineeringAs earlier mentioned, there are extra requirements that a petroleum geologist may be required to know or be in possession of before they can be considered or hired. For instance, most employing companies will require that the scientist be well knowledgeable when it comes to working with GIS (geographic information systems) and GPS (global positioning systems). This is essential as this line of work relies heavily on data that has been collected using such systems as these. At the same time, a petroleum geologist needs to possess good interpersonal skills as they normally work in teams with other geoscientists.

Career Outlook

Considering that there are still many more undiscovered oil pockets in the world, this is one career path that has great demand for fresh skill and exemplary minds. The current average salary of a geoscientist currently stands at well over $100,000 per annum.

If you are considering venturing into this line of geological work, then you will be glad to know that there are plenty of options and spots available. However, it is crucial that you achieve all the required requirements and that you get certified for a better chance of landing a job in the industry.