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C2010-504 exam Dumps Source : Migration Engine from Butterfly Software V6.05 Fundamentals

Test Code : C2010-504
Test Name : Migration Engine from Butterfly Software V6.05 Fundamentals
Vendor Name : IBM
: 49 Real Questions

simply those C2010-504 ultra-modern dumps and take a look at manual is needed to pass the take a look at.
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I surpassed the C2010-504 certification these days with the assist of your furnished Questions solutions. This combined with the path that you need to take a good way to become a certified is the manner to move. In case you do but suppose that actually remembering the questions and answers is all you need to pass properly youre wrong. There had been pretty a few questions about the exam that are not inside the provided QA but in case you prepare these forms of Questions solutions; you may strive those very with out problem. Jack from England


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IBM, red Hat companions set to benefit from $34 billion merger | killexams.com Real Questions and Pass4sure dumps

IBM's deliberate $34 billion acquisition of open-source leader red Hat will open up opportunities for the channel within the cloud area, particularly for IBM companions, in line with an business analyst.

big Blue officials over the weekend announced the plans to acquire purple Hat, the leading dealer of Linux-based software and a major participant in the hybrid cloud market, in a deal that is with the aid of far the largest pursued by using the venerable tech colossal.

connected articles

IBM chairman, president and CEO Ginni Rometty in a press release referred to as the deal "a online game-changer" and stated it's going to make her company the area's top hybrid-cloud dealer.

The supplier already has both public and private cloud infrastructure and middleware items, competing with a huge range of other corporations, together with AWS, Microsoft Azure and Google Cloud Platform within the public cloud market and VMware and Azure in the on-premise cloud house. For its half, pink Hat has been driving its personal presence within the cloud with its Kubernetes-based OpenShift container orchestration platform.

The mixture of both will give both IBM and crimson Hat - that will develop into a distinct company unit within IBM's Hybrid Cloud group once the deal closes as expected in the second half of 2019 - the skill to accelerate the migration of workloads to hybrid clouds (the mixture of private and public clouds) and numerous clouds via shoppers, officials with each companies mentioned.

at present, about 20 % of company workloads run in the cloud; the other eighty percent are nevertheless on-premise due to considerations around migration and safety.

There also is a priority about what Rometty talked about all over a conference call become the 'proprietary nature' of some public-cloud environments. each IBM and purple Hat are gigantic gamers in open-supply efforts, and the IBM CEO noted the character of the cloud going ahead should be open. The mixture of the two companies reinforces that and should provide IBM extra capabilities during this enviornment.

services, companions and the merge

The anticipated migration of much more workloads to the cloud - and the reliance via consumers on capabilities to assist them plan and execute the initiatives - will open alternatives for IBM services, as well as companions, in line with Patrick Moorhead, principal analyst with Moor Insights and method. overall, each IBM and crimson Hat are channel-concentrated agencies, so partners for both shouldn't predict any alternate in that, Moorhead told Channelnomics.

"I do not see any subsequent trade for the channel as a result of each rely on the channel," he said.

In a convention call, Arvind Krishna, SVP of hybrid cloud, IBM, reiterated that element, announcing that "there's nothing they can do to [diminish] the affect the channel has in carrying [the Red Hat technologies] into the market".

Krishna noted that Linux is in tens of hundreds of thousands of servers world wide and both organizations need the channel support to continue the momentum.

Moorhead pointed out that there's company to be received for companions, notably for IBM companions.

"For IBM partners, the affect might be absolutely fantastic as a result of there may be a high probability that each one IBM partners will become crimson Hat partners," he pointed out.

That means more alternatives for IBM companions to aid customers that are looking to migrate their virtualized workloads - together with virtualized legacy functions - to the OpenShift container platform in the cloud, above all given the eighty % of workloads that have yet to make the adventure to the cloud.

"The next 80 p.c is set unlocking actual company cost and riding boom," Rometty said on the name. "this is the next chapter of the cloud. It requires moving enterprise purposes to hybrid cloud, extracting greater records and optimizing every a part of the enterprise, from deliver chains to income."

pink Hat officers cited that for his or her business, a key to being bought by IBM might be the ability to scale to fulfill growing to be demand. pink Hat has about 12,600 personnel and pronounced $823 million in revenue within the 2nd quarter, a 14 % yr-over-12 months raise. In a blog post, president and CEO Jim Whitehurst wrote that the total addressable market for purple Hat is set $73 billion.

"Powered with the aid of IBM, they are able to dramatically scale and accelerate what they are doing these days," Whitehurst wrote. "imagine red Hat with improved elements to grow into the opportunity ahead of us. think about purple Hat with the capability to invest much more and [and be] quicker to accelerate open source innovation in emerging areas. think about red Hat achieving all corners of the area, with even deeper client and companion relationships than they have these days. think about us assisting even more purchasers improvement from the choice and suppleness afforded by hybrid and multi-cloud."

That scale additionally will open up new avenues for crimson Hat companions.

however this won't be entirely new floor for partners or shoppers of both enterprise. IBM and purple Hat were expertise partners for two many years, and IBM invested $1 billion in purple Hat in 2000. furthermore, a combined IBM and purple Hat will proceed to work with pink Hat partners - including cloud partners like AWS, Azure, Google and Alibaba - even while enhancing the IBM Cloud.

IBM officers stated pink Hat's neutral place available in the market should be important relocating forward because the mixed business appears to help an open-cloud environment.


partners of IBM opponents no longer Sweating The red Hat Deal | killexams.com Real Questions and Pass4sure dumps

while IBM says its deal to purchase purple Hat for $34 billion is ready nothing wanting maintaining hybrid cloud dominance, companions of hyper-scale public cloud competitors don't seem to be sweating with be troubled.

Such cloud-focused solution suppliers, although, are trying to wrap their heads around the genuine motivations in the back of massive Blue's play to entirely recognize the expertise have an impact on on their AWS, Microsoft Azure and Google Cloud practices.

"The overarching question, and that i don’t recognize if there's a great answer to it, is what exactly is IBM's strategy right here?" talked about Aater Suleman, CEO of Flux7, an Austin, Tex.-based mostly AWS consultancy that additionally partners with pink Hat.

Cloud partners have outlined a number of viable eventualities to video game the aggressive risk.

[Related: View From The Trenches: 3 Partners Scrutinize The IBM-Red Hat Deal]

the most-malicious interpretation of the deal, and the one which would most impact a hyper-scale cloud accomplice, is that IBM goals to harm opponents by pulling support for red Hat products.

a strategy to slow the migrations enabled by way of pink Hat's items to AWS and other clouds will backfire, noted Ethan Simmons, managing companion of Pinnacle know-how partners, a Boston-based AWS accomplice.

"If red Hat does not continue to offer that capability to readily circulation their Linux workloads to Amazon, if IBM breaks that, [customers] will locate any other approach to do it. it's going to hasten the flow far from pink Hat," mentioned Simmons, who ended an IBM partnership roughly two years in the past, and one with pink Hat much more recently.

Any effort to impede migrations to the public cloud ultimately is futile, he informed CRN.

"no person is going to stop what they're doing because IBM might not allow them to," Simmons talked about.

however have been IBM to comply with that aggressive tack, it will very nearly certainly ship shock waves across the AWS ecosystem, Suleman instructed CRN.

companies are "using crimson Hat far and wide in their records centers," Suleman noted, and never handiest red Hat enterprise Linux, however often OpenShift and Ansible "beneath the hood"—DevOps items that empower different cloud providers.

If their problem becomes "no longer simply migrate to cloud, but to a unique operating device, [IBM] can slow down public cloud adoption," Suleman pointed out.

the use of red Hat to deny revenue to leading cloud providers will also undermine pink Hat's enterprise, Suleman talked about, but it surely will damage IBM's opponents "equally if now not greater."

however that "predatory" approach represents "a worst-case state of affairs," Suleman observed, and "i am hopeful that it really is now not what they're planning for."

On the different extreme, IBM might largely leave pink Hat by myself, allowing the open source leader to boost its profits and deliver advantageous intellect share as an unbiased division, Suleman observed.

With its OpenShift container offering and the Ansible configuration supervisor, crimson Hat is a brand trusted via contemporary DevOps teams, Suleman noted.

IBM stands to benefit "builder mind share" from full-stack engineers—an increasingly essential asset in an international through which enterprise leaders look to effects, not underlying technologies and carriers.

IBM's "no longer just purchasing a expertise, but buying a group that goes with it," Suleman spoke of, seeing parallels to Microsoft's acquisition of GitHub, which become generally about winning developer mind share.

Between both extremes is a middle road—one if you want to influence other cloud providers, but no longer pose a massive danger to any of their partners' practices.

there's "an entire area of grey in between which is likely the place they can be," Suleman said.

IBM will probably look to crimson Hat to get a "small leg up" for its own infrastructure, whereas still enabling the know-how to play exceptional with competitors. That entails a tighter integration between pink Hat's portfolio and IBM Cloud, developing a less complicated migration route for legacy workloads to large Blue's public and personal infrastructure, assisting win new shoppers and keep historic ones much more.

including to the benefits of a seamless utility extension would be customer overlap serving as a automobile for upsell or go-sell opportunities, he talked about.

"that may additionally impact different cloud suppliers," Suleman informed CRN, but in a extra-average aggressive method, and not virtually to the extent of the predatory method.

That state of affairs eventually could even yield a better relationship between IBM and other cloud leaders, principally on the grounds that IBM Cloud knowledgeable functions more and more does AWS implementation and approach work for its consumers, Suleman observed.

IBM might see red Hat as offering the superior platform and toolset to serve its commercial enterprise valued clientele seeking to put into effect a multi-cloud strategy, Simmons instructed CRN.

"or not it's both inform their valued clientele, 'no, you are stuck with us,' or give them the option," Simmons spoke of. "maybe pink Hat is IBM's tool in their quiver to have that dialog. it truly is probably the foremost scenario for IBM."

however even as cloud companions scrutinize IBM's rational for agreeing to pay a enormous 63 p.c top rate on purple Hat's market value, they ask yourself if there is any complete approach at play past desperation.

Tony Safoian, CEO of Microsoft and Google cloud associate SADA programs, instructed CRN he doubts there's one.

IBM is doubtless simply making an attempt to continue to be important within the cloud conversation and stem the bleeding of agencies moving legacy workloads to the three hyper-scale powerhouses, he observed.

And whereas red Hat is "a superb business" that generates cash stream accretive to IBM, that doesn't suggest a combined entity will loom larger than the sum of its ingredients, Safoian mentioned.

"simply as a result of they make these sorts of acquisitions does not imply that interprets to an precise market have an impact on, mainly in cloud," Safoian stated.

IBM may see benefits from the contend with its current massive money owed—areas where it already owns many of the IT spend—however "I don’t see how having IBM personal pink Hat changes the conversation for a standard consumer desiring to deploy a cloud method," Safoian stated.

The deal frequently "speaks to how vital cloud is, and probably the indisputable fact that IBM feels they're lacking the boat, even even with the SoftLayer acquisition," he instructed CRN.

Simmons is additionally skeptical IBM has any coherent approach. And he issues the deal will show a drag on purple Hat.

He expressed that place bluntly on Twitter: "The desperation at IBM is more advantageous than they concept. they will drive red Hat into the ground. The shift to AWS/Azure/GCP is occurring at a pace that these large corporations aren't able to draw close."


C2010-504 Migration Engine from Butterfly Software V6.05 Fundamentals

Study Guide Prepared by Killexams.com IBM Dumps Experts


Killexams.com C2010-504 Dumps and Real Questions

100% Real Questions - Exam Pass Guarantee with High Marks - Just Memorize the Answers



C2010-504 exam Dumps Source : Migration Engine from Butterfly Software V6.05 Fundamentals

Test Code : C2010-504
Test Name : Migration Engine from Butterfly Software V6.05 Fundamentals
Vendor Name : IBM
: 49 Real Questions

simply those C2010-504 ultra-modern dumps and take a look at manual is needed to pass the take a look at.
yes, very beneficial and i was capable of score eighty two% in the C2010-504 examination with 5 days coaching. particularly the facility of downloading as PDF documents for your package gave me an amazing room for effective practice coupled with on line tests - no constrained tries limit. solutions given to each question by way of you is a hundred% accurate. thanksloads.


Little look at for C2010-504 examination, terrific achievement.
Never ever thought of passing the C2010-504 exam answering all questions correctly. Hats off to you killexams. I wouldnt have achieved this success without the help of your question and answer. It helped me grasp the concepts and I could answer even the unknown questions. It is the genuine customized material which met my necessity during preparation. Found 90 percent questions common to the guide and answered them quickly to save time for the unknown questions and it worked. Thank you killexams.


Dont waste a while on searching internet, simply cross for these C2010-504 Questions and answers.
I prepared the C2010-504 exam with the help of killexams.com IBM test preparation material. it was complicated but overall very helpful in passing my C2010-504 exam.


How many questions are asked in C2010-504 exam?
If you want proper C2010-504 training on how it works and what are the exams and all then dont waste your time and opt for killexams.com as it is an ultimate source of help. I also wanted C2010-504 training and I even opted for this wonderful test engine and got myself the best training ever. It guided me with every aspect of C2010-504 exam and provided the best questions and answers I have ever seen. The study guides also were of very much help.


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I surpassed the C2010-504 certification these days with the assist of your furnished Questions solutions. This combined with the path that you need to take a good way to become a certified is the manner to move. In case you do but suppose that actually remembering the questions and answers is all you need to pass properly youre wrong. There had been pretty a few questions about the exam that are not inside the provided QA but in case you prepare these forms of Questions solutions; you may strive those very with out problem. Jack from England


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I could definitely advocate killexams.Com to everybody who is giving C2010-504 examination as this not simply allows to brush up the principles in the workbook however additionally offers a outstanding concept about the sample of questions. Great help ..For the C2010-504 exam. Thanks a lot killexams.Com group !


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Passing the C2010-504 exam is not enough, having that knowledge is required.
killexams.com helped me to score ninety six percent in C2010-504 certification therefore i have whole faith on the goods of killexams. My first creation with this website was 365 days ago thru one in all my pal. I had made a laugh of him for the use of C2010-504 examination engine however he guess with me approximately his maximum grades. It changed into true due to the fact he had scored ninety one percent I simplest scored 40 percentage. im glad that my pal won the wager due to the fact now ive entire trust in this website and might come again for repeated instances.


surprised to see C2010-504 brand new dumps!
that is the satisfactory exam readiness ive ever long past over. I handed this C2010-504 accomplice exam trouble loose. No shove, no tension, and no unhappiness amid the exam. I knew all that I required to know from this killexams.com %. The inquiries are full-size, and that i got notification from my partner that their cash again surety lives up to expectations.


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Photonics Europe in BrusselsThe SPIE Photonics Europe 2014 week ended on a high note, with two more well-received Hot Topics talks on Thursday, and numerous connections made during the week’s activities -– including new research partners, customers, and potential employees or employers.

As Gregory Baethge of Lovalite/Lumerical Computational Solutions put it, "I saw people from throughout the European research community, including many developing the integrated photonics and nanophotonics that their design and simulation software is best for. Many of their customers are also giving papers here. The exhibit space plus the networking at poster sessions and receptions helped me connect face-to-face with people doing design of photonics and optoelectronics."

Follow the links below for details, or browse by day.

Thursday 17 April

Hot Topics: Marc Sciamanna on the butterfly effect in laser diodes

Hot Topics: Michal Lipson on pushing the boundaries of silicon photonics

Wednesday 16 April

Growing markets and opportunities: industry executive briefings

Peter Peumans on integrated photonics for the life sciences

Reinhart Poprawe on 3D printing and additive manufacturing

Photonics Innovation Village winners

'Getting Hired' panel

Wednesday poster session

Tuesday 15 April

SPIE Fellows Luncheon

Hot Topics: John Sipe on classical to quantum nonlinear optics

Hot Topics: Frank Koppens on graphene quantum nano-optoelectronics

Francesco Pavone on extending light-sheet microscopy methods

Pablo Valdes on image-guided brain tumor surgery

Ewa Goldys on hyperspectral imaging for stem cells, diagnostics

Photonics Europe Welcome Reception

Monday 14 April

SPIE society awards

Hot Topics: John Dudley on IYL2015

Hot Topics: Wolfgang Boch on Horizon 2020

Hot Topics: Raymond Beausoleil on photonics circuits

Hot Topics: Brian Wilson on nanotechnology in healthcare

SPIE Student Lunch with the Experts

SCHOTT workshop on the properties of optical glass

Anke Lohmann at SPIE Women in Optics

Monday poster session

VIP reception for conference chairs

Sunday 13 April

Student Chapter Leadership Workshop

Thursday 17 April

The butterfly effect

Marc Sciamanna of Supélec opened Thursday morning's Hot Topic session with his presentation, "The butterfly effect in laser diode dynamics." Sciamanna's ground-breaking work in this field not only is deepening their understanding of the physics of lasers and chaos but also providing opportunities to translate that learning to practical applications.

Sciamanna began with a historical review on chaotic behavior and lasers including Maiman's 1961 paper which referenced erratic laser output, Lorenz's equations from 1963, and Haken's work in 1975 connecting lasers and chaos which led to the understanding that instability of laser output is driven by high pump power and high losses in the cavity.

Sciamanna observed that the behavior of diode lasers as damped nonlinear oscillators was not expected to demonstrate chaotic behavior. Despite this, work from the 1980s through 2013 demonstrated that one could drive optical chaos by current modulation, optical injection and optical feedback means.

The nature of this behavior in laser diodes and the role of polarization switching and mode hopping as well as the importance of non-orthogonal elliptically polarized states in understanding the deterministic chaos being observed was explained.

The final portion of the presentation described how to apply and optimize the phenomena to random number generators.

Pushing the boundaries

Michal Lipson from Cornell University provided Thursday's second Hot Topic presentation with her talk, "Pushing the boundaries of silicon photonics." Her exciting presentation demonstrated that rapid advances are taking place in the field and that, with approaches to key components in place, silicon photonics is nearing entry into the semiconductor manufacturing flow.

Lipson explained that the problem being addressed is power dissipation in computers; higher bandwidth drives larger power dissipation. This power dissipation is driven at the chip level by transmitting signals, not the computing or calculations being done by the chip, and the goal is to replace these transmission lines-oftentimes copper interconnects-with optics.

The constraints, though, are significant since the large CMOS infrastructure dictates compatibility with traditional semiconductor processing methods including the use of silicon.

Passive devices guiding light have been in place for a number of years. The challenge is to make active devices given the CMOS processing constraints. Since silicon is a centrosymmetric crystal, its second order susceptibility vanishes so electro-optical effects needed for devices such as modulators are not present. Lipson described work from her team to circumvent this issue, leveraging previous learning that one can inject carriers to change refractive index resulting in something like an electro-optical effect to construct a combined optical and electrical device (simply a p-i-n junction) to function as a modulator.

She also showed that such modulators can be cascaded and constructed to operate at different wavelengths to allow wavelength division multiplexing thereby increasing bandwidth. The other active device needed is an isolator, which typically makes use of magnetic materials to break directional symmetry. Lipson provided a description and showed the performance of a scheme developed by her team to make optical isolators at the chip level.

Noting that the majority of work to date has been done with single mode light, Lipson moved on to discuss multimode photonics. She illustrated how to utilize changes in silicon film thickness to modulate the effective index of refraction of a waveguide to allow for multimode propagation and then discussed a means to multiplex these modes.

Wednesday 16 April

Growing markets and opportunities

A day-long programme of executive briefings on the growing markets and consequent business opportunities of photonics technologies and applications featured a distinguished panel, including Peter Hartmann (SCHOTT), Wenko Süptitz (SPECTARIS), Elisabeth Leitner (Deutsches Institut für Normung), Detlev Ristau (Laserzentrum Hannover), Augustin Grillet (Barco, Photonics21), Anthony Hillion (Aquiti Gestion), Els Van de Velde (IDEA Consult), Peter Peumans (IMEC), and Reinhart Poprawe (Fraunhofer ILT). Synopses of talks by Peumans and Poprawe follow.

Moderator Steve Anderson of SPIE presented on data developed by the society on the revenue and number of jobs generated by the core photonics components. The data compose the first report in an ongoing analysis on the size of the global photonics market, with the goal of drawing attention to the important contributions photonics technologies and applications make to the economy and to people's lives. Read more in the SPIE press release.

Integrated photonics for the life sciences

Integrated photonics from silicon and silicon-oxy-nitride waveguides are enabling new and reduced-cost life sciences applications including sensors, next generation diagnostics, DNA sequencing, lens-free microscopy, wearable spectrometers, single-molecule fluorescence detection, and blood cell sorters that can find rare, circulating tumor cells, noted IMEC's Peter Peumans. IMEC has strong capability in integrated photonics fabrication and is now applying this expertise to biophotonics devices on a silicon platform.

One project is designed to increase the performance of high-throughput screening for DNA sequencing that read larger base pairs or longer "phrases" of DNA, with parallelized single molecule fluorescence detection that increase accuracy and speed by monitoring 150,000 reactions simultaneously.

Cancer tumors become far more deadly when they spread via blood, but finding and distinguishing them is difficult because a medical device must sort through billions of cells to find one circulating tumor cell. Peumans outlined how IMEC work in cell sorting and lens-free microscopy offers the opportunity for significant improvements in cancer detection.

Peumans noted that early detection of certain diseases can significantly reduce healthcare costs because treatments later in the disease cycle may cost over five times as much as the options available to the patient at an earlier stage.

Approximately 75% of medical care expenses are devoted to patients with chronic disease, with ongoing monitoring requirements. To reduce cost and improve quality of life people generally prefer to be at home, even with chronic disease, so new methods to monitor patients and report key measurements are required.

Recent IMEC work has developed technology to use smart phones and pads that are now ubiquitous, rather than requiring investment in new remote monitoring instruments. These include a technical concept IMEC calls "iLab" that is being developed with Johns Hopkins University, which delivers next generation diagnostics using personal electronics.

IMEC is also experimenting with a wearable, high-performance spectrometer on a chip -- biophotonics on a silicon platform -- that they envision working as a wristband-style instrument.

'Bits to photons to atoms': 3D printing

The age of digital photonic production includes laser additive manufacturing, selective laser melting (SLM), laser metal Deposition (LMD) and controlled deposition of functional layers. These and related methods convert "bits to photons to atoms" in ways that reduce cost, reduce waste, and enable new complex forms and structures, said Reinhart Poprawe of Fraunhofer ILT.

Prototyping a new engine block can be achieved in four days rather than four months using additive manufacturing processes developed at Fraunhofer ILT, Poprawe said. For traditional milling of a jet engine turbine blade/hub assembly, the time may be reduced from 180 hours to 180 minutes.

Laser-induced forward transfer (LIFT) and selective laser etching have been demonstrated to produce gears and precise tolerance mechanisms arranged correctly from the time of manufacture. At even smaller dimensions, microfluidics devices for life sciences and healthcare can be prototyped and delivered with greater precision and speed than any time in history.

And, while product design complexity can be high, unit volume or lot size can be low using these new manufacturing methods. Using laser additive manufacturing - often called 3D printing - even a single object may be created for testing, not simply with plastics or polymers but with strong metal alloys.

Recent experiments at Fraunhofer ILT have demonstrated that aluminum can be significantly strengthened by specific exposure to laser light, making it more appropriate for complex, high-load structures including, for example, aircraft components.

On the other extreme of durability, advancements in additive manufacturing for replacement bone structures, such as cheek bones that do not endure high loads, can now be manufactured with such biocompatibility that the human body can grow into and throughout the implant, which itself gradually dissolves into inert components leaving behind the proper structure.

Prize winning photonics innovation

Developed as a way to support and publicize research teams from universities, non-profit institutions and research centers who are working on research, new applications and product development, the Photonics Innovation Village brought together seven multi-lateral projects and six individual projects to showcase Europe's (and the world's) finest research programs and to encourage the transfer of optics and photonics research and technology into new and useful products.

The 6th edition of the Photonics Innovation Village was organized by the Vrije Universiteit Brussel (VUB). By taking part in the competition, innovative researchers were able to showcase their latest research to industry innovators and other photonics visionaries.

Diane De Coster, SPIE Student Chapter president at VUB, introduced the jury comprised of Ronan Burgess, EC Photonics Unit; SPIE President Philip Stahl, NASA Marshall Space Flight Center; Peter Hartmann, SCHOTT; and Steve Anderson, SPIE. The jury's tough task was to rank the projects, with the outcome being "incredibly close."

The top prize in the category of "Best Innovation by an Individual Researcher" went to Josep Carreras from LEDMOTIVE Technologies S.L., for "Ledmotive®: A light engine with full spectral control."

The first runner-up was Markus Mangold from Empa, Swiss Federal Laboratories Materials Science and Technology for his project "Portable mid-IR trace gas sensor for mobile applications."

Second runner-up was Christophe Caucheteur, University of Mons, Electromagnetism and Telecommunication Department, for his project, "IR radiation sensor for early fire detection."

The winners in the category of "Best Innovation by a Multilateral Project, Organisation or Company" were Gary Stevens, MINERVA, Vivid Components, FP7 project, UK, for their project "Mid- to near-IR spectroscopy for improved medical diagnostics."

The first runner-up prize went to Udo Weigel, ICFO-The Institute of Photonic Sciences / HemoPhotonics S.L., for their project, "A portable diffuse optical Neuro-Monitor."

Second runner-up was Stephan Stockel with the Institute of Physical Chemistry, Friedrich Schiller University / Leibniz Institute of Photonic Technology under the umbrella of the European Network of Excellence Photonics4Life, for their project, "The Bio Particle Explorer."

View photos of the winners in the Photonics Europe photo gallery. 

Careers in industry

Timo Mappes, Viviane Deleu, Peter Hartmann, Bob Haynsie

Careers in optics and photonics outside the academic world was the focus of the SPIE "Getting Hired" panel. Attendees learned about the process for getting hired at tech-based companies and non-academic jobs directly from professionals in the optics and photonics sector. Panelists, from left above, were Timo Mappes, Carl Zeiss AG; Viviane Deleu, Insel, a Ransand Company; Peter Hartmann, SCHOTT AG; and Bob Hainsey, SPIE.

Posters popping!

Wednesday saw the final poster session of the week, for conferences 9131, 9132, 9133, 9134, 9135, 9138, 9139.

Yu-Heng Wu, Tsu-Chiang Yen

Yu-Heng Wu (left), and Tsu-Chiang Yen, both from National Sun Yat-Sen University, discuss their poster, "Critical slowing down in polarization switching of vertical-cavity surface emitting lasers." View more photos of Wednesday's poster session in the Photonics Europe photo gallery.

Tuesday 15 April

New Fellows, old friends

Valery Tuchin, Anna Mignani

Valery Tuchin, co-chair of Biophotonics: Photonic Solutions for Better Health Care (9129); and Anna Mignani, co-chair of Optical Sensing and Detection (9141), catch up at the SPIE Fellows Luncheon.

Four new Fellows they inducted into the Society:

  • Peter Hartmann of SCHOTT, for achievements in optical glass and glass ceramics
  • Ignacio Moreno of Universidad Miguel Hernández de Elche, for achievements in applications of liquid-crystal spatial light modulators in diffractive optics and polarization optics
  • Min Qiu of Zhejiang University, for achievements in nanophotonic devices based on photonic crystals, plasmonics and metamaterials
  • Detlev Ristau of Laser Zentrum Hannover, for achievements in optical coatings.
  • View more photos from the luncheon in the Photonics Europe photo gallery.

    Tuesday Hot Topics

    From classical to quantum nonlinear optics in photonic structures

    John SipeThe first speaker in Tuesday's Hot Topics session was John Sipe of the University of Toronto whose talk entitled "From classical to quantum nonlinear optics in photonic structures" illustrated the connections between classical nonlinear optics and its quantum counterpart.

    Sipe introduced his topic showing that classical phenomena such as difference frequency generation (DFG) and four-wave mixing find their quantum analogs in spontaneous parametric down-conversion (SPDC) and spontaneous four-wave mixing wherein one can envision the seed in classical optics being replaced by quantum fluctuations for the equivalent quantum processes. The question, then, is how to connect classical and quantum effects.

    To motivate this discussion, Sipe reminded his audience of the Einstein A and B coefficients used to describe spontaneous (A) and stimulated (B) emission rates. In both cases, the system evolves from an excited to a ground state with the emission of a photon but the stimulated case can be understood on classical grounds whereas the spontaneous case is purely a quantum effect.

    That said, measurements to determine B through classical means results in knowledge related to its quantum counterpart, A. Sipe demonstrated similar logic can be applied to DFG and SPDC and illustrated the similarities in the expressions for the output power of the two phenomena.

    When analyzing this case in terms of wave functions, Sipe demonstrated that classical experiments can provide insight on the biphoton wave function. The experimental arrangement used in this case was termed ‘stimulated emission tomography' or ‘virtual tomography' as it's now known. Overall, the concept that this connection exists and can be employed to more quickly and easily measure and understand quantum phenomena is a powerful one which could prove beneficial in advancing studies of optical devices for quantum information technologies.

    Graphene quantum nano-optoelectronics: fundamentals and applications

    Frank KoppensThe second speaker in Tuesday's Hot Topics session was Frank Koppens from the Institute of Photonic Sciences (ICFO), who presented on graphene in his talk, "Nano-optoelectronic 2D materials."

    Graphene, a single layer of graphite laid out on a honeycomb lattice, demonstrates high conductivity, no bandgap, and massless charge carriers due its linear dispersion relationship at low energies. In terms of optoelectronic properties, it offers broadband absorption, fast response, and tunable plasmonic properties along with other unique characteristics including large surface-to-volume ratio.

    Light absorption in the material has the unique attribute of being independent of material constants relying solely on the fine structure constant. Adding dopants allows moving the Fermi energy and tuning of optical properties.

    Furthermore, its broadband response when coupled with patterning of given dimensions produces strong optical resonances at those dimensions. Being able to change the carrier density and tune plasmonic response by adjusting the Fermi level allows for customizing electrical response. Together, these properties result in a material ideal for applications in nanoscale optoelectronics, light harvesting, sensing, detecting, silicon photonics and nonlinear optics. Koppens' team is at the forefront of graphene research and continues their work investigating this novel material system.

    Hot topics -- in the conference rooms, too

    hot topics at Photonics Europe

    Tuesday's schedule included more Hot Topics speakers (above) but the conference rooms were also busy with talks on the latest technologies -- a sample follows.

    Extending light-sheet microscopy for whole-brain imaging

    Presenting in the Neurophotonics session of the Biophotonics: Photonic Solutions for Better Health Care conference, Francesco Pavone of the Università degli Studi de Firenze discussed work his group has done to extend light-sheet microscopy methods.

    This technique, known for its data acquisition speed but traditionally limited in resolution, was adapted to a confocal scheme. The resulting confocal light sheet microscopy (CLSM) method improves image contrast and reduces image blurring.

    Coupled with image stitching software and cell counting software developed by the team, CLSM offers the ability to do whole brain imaging and track processes. Combining CLSM with two photon fluorescence imaging and correlating the resulting images enables a study of long term projection neurons ex vivo.

    This work provides the potential for correlating single neuron functionality with morphology, studying plastic brain rewiring after surgery or sensory deprivation, and analyzing the sprouting response of different neuron types thereby deepening their understanding of neuron activity in the brain.

    Image-guided brain tumor surgery

    Pablo Valdes from Dartmouth College described work done in conjunction with Britton Chance Award winner Brian Wilson from the University of Toronto in his presentation, "A translational paradigm for quantitative multiplexed fluorescence image guidance for brain tumor surgery." The goal of the joint research program is to improve upon the use of fluorescence techniques in tumor detection.

    Valdes noted that today such techniques are largely qualitative relying either on microscope observation or camera image viewing to guide surgeons during procedures. This qualitative nature limits accuracies to 60-70% in identifying and removing tumors. Developing an approach to measure tissue optical properties allowing for a correction factor to be applied to the raw fluorescence signal thereby enabling extraction of the intrinsic fluorescence moves the method from the qualitative to the quantitative realm.

    Initial clinical results using a probe designed by the team to measure tissue properties resulted in 80-90% accuracy, a significant improvement over the accuracies obtained with purely qualitative means. Acting on feedback from clinicians who were more comfortable with traditional microscopy methods, the team integrated their system into a microscope enabling 3D imaging with a 1-2 second/image capture rate.

    Valdes added that multiple biomarkers can be used to enhance information capture and that the technique is extendable into the near IR portion of the spectrum. Future work will look to incorporate stereoscopic methods and make use of endogenous markers. The work represents a significant improvement to a traditional surgical method and the effectiveness of translational research in improving health care.

    Hyperspectral imaging for stem cells, diagnostics

    Hyperspectral imaging (HSI), widely used for decades in mineralogy, surveillance and the food industry, is now showing great promise for cell characterization -- including stem cells -- and could be used to aid medical treatment of a wide range of conditions. In an invited talk in the Biophotonics conference, Ewa Goldys noted that the vast range of cell types presents a major identification challenge.

    Classic characterization techniques tend to be slow and cumbersome, and while fluorescence typically relies on the use of biomarkers and staining compounds, a new label-free approach by Goldys and her Macquarie University colleagues in Australia requires only the natural autofluorescence of biological tissue to work. Read more in the optics.org article.

    A cultural welcome

    Photonics Europe Welcome Reception

    Hundreds of attendees gathered at The Royal Museums of Fine Arts for the Photonics Europe Welcome Reception. The Museums' collections trace the history of the visual arts from the 15th to the 21st centuries.

    Monday 14 April

    Society awards and Hot Topics start the day

    Francis Berghmans

    Symposium chair Francis Berghmans, Vrije Univ. Brussel, welcomed the large crowd to 2014 SPIE Photonics Europe.

    First up was the presentation of two SPIE society awards.

    SPIE President Philip Stahl presented the 2014 Britton Chance Biomedical Optics Award to Brian Wilson (Ontario Cancer Institute) in recognition of his outstanding lifetime contributions to the field of biomedical optics through the development of innovative, high impact technologies. The award particularly honors pioneering contributions to optical methods and devices that have facilitated advancements in biology or medicine.

    The 2014 Dennis Gabor Award was presented to Pramod Rastogi (Swiss Federal Institute of Technology) in recognition of outstanding accomplishments in diffractive wavefront technologies, especially those which further the development of holography and metrology applications; particularly his groundbreaking research in the development of high resolution and multi-component parametric phase formulation methods for the simultaneous estimation of multiple phases and their derivatives from holographic interference patterns.

    View award photos in the Photonics Europe photo gallery.

    'Window to the universe'

    John DudleyEuropean Physical Society President and SPIE Member John Dudley (Université de Franche-Comté) inaugurated the week's Hot Topics with a talk entailing plans for the International Year of Light (IYL2015) and light-based technologies. A partnership of over 100 scientific societies and organizations from more than 85 countries has successfully led an initiative to have the year 2015 declared the International Year of Light and Light-based Technologies by the United Nations.

    Dudley stressed that this is not "business as usual." Whether in industry, academia, or government, scientists need to raise public and international political awareness about the importance of light for the future of global society. Advances in light-based technology are crucial for sustainable development, they open up new educational horizons, they preserve cultural heritage, and address issues of climate change.

    IYL2015 will raise public and international political awareness of the importance of light for the future of global society. Stating that photonics is the "window to the universe," he urged his colleagues to become involved any way they can to spread the word about all of the possibilities light can bring to society. Dudley made special mention of the possibilities for developing countries. "Study after sunset is not possible in many countries, let's help bring light to the entire world."

    'Departure from the past'

    Wolfgang Boch, Head of Photonics Unit in the European Commission (EC), provided an overview of Horizon 2020, the new European Wolfgang Boschprogramme for research and innovation, highlighting the most significant novel features and what it will mean for photonics research, development and innovation in Europe.

    In particular the Photonics Public-Private Partnership (PPP) which has recently been launched will play an essential role in determining the research and innovation priorities for future funding rounds. The key objectives of this partnership are to use research excellence, boost the innovation eco-system to drive Europe's competitiveness, and secure industrial leadership in this highly innovative and economically significant global photonics market; thus creating economic growth and jobs. Boch said that this effort is a "departure from the past."

    New efforts will focus on solutions for society's challenges such as health and aging, energy, and climate. "A key enabling technology with enormous economical potential, photonics has achieved broad recognition in Europe," said Boch. "Photonics is central to driving innovation in the 21st century. To exploit Europe's full potential in photonics collaboration along the value-chain and networking is crucial. The PPP with its working groups is relevant for your work and open to all. Get involved," he urged.

    Photonics circuits in the mainstream

    Raymond BeausoleilLarge-scale integration presents numerous opportunities for continued research, understanding, and eventual migration into the mainstream for photonics circuits, as demonstrated by Hot Topics speaker Raymond Beausoleil, an HP Fellow in Systems Research at HP Labs.

    Accessing resonant modes in photonic micro- and nanostructures producing increases in spectral density, energy efficiency, and local-field intensity, all without the use of metal, can enable large-scale integrated photonic circuits and could introduce an optics version of Moore's Law, Beausoleil said.

    Three different domains in applying photonics to information technologies were explored in the course of the talk.

    In classical optics for classical computing, Beausoleil described the design and advantages of a photonics-based high radix switch. An integrated photonic I/O results in low power and low latency and provides a port bandwidth which is scalable with processor performance. Use of such a switch in a dense wavelength-division multiplexing (DWDM) CMOS photonics approach provides a path to scale bandwidth at merchant silicon cost.

    Beausoleil highlighted recent work in off-chip comb lasers and micro-rings as well as on-chip hybrid lasers, describing how to build a photonic ASIC, or "PhASIC," and highlighting the need for a photonics development kit paralleling and integrated with the traditional electronics kit to allow co-design and co-packaging.

    In quantum optics for quantum computing, Beausoleil highlighted some of the criteria for quantum technology adoption, saying it needs to be integrated, packaged, and interconnected to enable scaling and that defect tolerance needs to also be considered. Cavity quantum electrodynamics (cavity QED) in diamond was described in the context of an application to create single photons for entanglement which then led to work with photonic bandgap crystals.

    Beausoleil concluded with the somewhat paradoxical -sounding concept of using quantum optics for classical computing. Harnessing coherence effects could make photonics circuits more efficient and effective. Implementation and trade-offs with optical switching devices were described as was a semi-classical simulation approach suitable for

    Emerging nanotechnology in healthcare

    Emerging nanotechnologies enabling new promise for improvements in endoscopy were outlined by Hot Topics speaker Brian Brian WilsonWilson of the Princess Margaret Cancer Centre and Technical Institute at the University of Toronto in Canada.

    Beginning with an overview of the history of endoscopy and highlighting the introduction of the optical fiber as a game-changing technology, Wilson noted that endoscopy is now ubiquitous, being used in every body space for both surgical and standalone procedures. Flexible and rigid endoscopes are available and capsule approaches are now gaining interest.

    Approximately 50 percent of non-skin cancers arise as thin lesions in hollow organs, and curability decreases rapidly with advancing stage, emphasizing the need for effective early detection to enable diagnosis and treatment. Wilson discussed two examples: esophageal cancer and lung cancer.

    In the former case, treatment today, due to difficulty in seeing lesions, can consist of sampling biopsies along the length of the esophagus searching for tumors.

    In the latter, Wilson showed recent National Cancer Institute (NCI) results demonstrating a high degree of false positives implying the potential for non-essential surgical procedures.

    Both cases illustrate the need for minimally invasive techniques for diagnosis and treatment, and personalized treatment is another important factor. In terms of instrumentation, these facts translate to a need for better sensitivity and specificity, molecular profiling and precise guidance.

    There are several approaches to addressing this collection of medical and instrumentation needs, and Wilson focused his discussion on means to exploit other light-tissue interactions.

    Fluorescence provides high sensitivity but low specificity, Raman scattering provides high accuracy but in a point-sampling mode, and coherent backscattering, although fast, is limited in its imaging depth.

    Nanoparticles offer some benefits when compared to the other methods including signal amplification for better detection, biomarker multiplexing for enhanced diagnosis and multi-functionality for improved therapeutics. In examples of nanoparticle use, Wilson highlighted the use of a scanning-fiber endoscope developed by Eric Seibel at the University of Washington.

    General issues with nanoparticles around toxicity effects and cost were discussed, and Wilson noted that soft nanoparticles would be more likely to be cost effective than would hard nanoparticles and, given their organic composition, come with the added benefit of being biodegradable.

    Read the optics.org article on Wilson's Hot Topics talk.

    Focus on the next generation

    SPIE President Philip Stahl wlecomed nearly 200 students and established professionals to the SPIE Student Lunch with the Experts.

    In 2013, SPIE gave out US$3.2 million in support of education and outreach programs including individual scholarships, travel grants for student authors to present at conferences, student chapter leader training, and lunches like today's event.

    SPIE scholarship winners

    SPIE scholarship winners gathered for a photo at the luncheon: Yevheniia Chernukha (Taras Shevchenko National Univ. of Kyiv), Valadimir Korenev (Saint-Petersburg Academic Univ. of RAS), Marianna Kovalyova (Taras Shevchenko National Univ. of Kyiv), Anastasiia Mykytiuk (Taras Shevchenko National Univ. of Kyiv), Christy Sheehy (Univ. of California, Berkeley), and Madhura Somayaji (Manipal University). You can view more photos in the Photonics Europe photo gallery.

    The business side of the photonics industry

    Peter Hartmann

    Peter Hartmann (SCHOTT) at the SCHOTT Workshop on the properties of optical glass and special optical materials. Other industry events and sessions will provide valuable business information and networking opportunities throughout the week.

    Academia to business to start ups; SMEs to large corporations

    Anke LohmannInvited speaker for the SPIE Women in Optics presentation and reception Anke Lohmann (at left) with Electronics, Sensors, Photonics' Knowledge Transfer Network (ESP KTN), UK's fastest growing ESP Community, has done it all.

    Lohmann's talk, "Linking up UK photonics industry: the Knowledge Transfer Network and how it helps connecting organisations across the innovation supply chain," outlined how her experience took her from applied research and product development through to the commercialization of products.

    She said, "I am passionate about technology and its importance to the UK economy. With my work at the ESP KTN I am in a position to drive this forward."

    View more photos of the Women in Optics presentation and reception at the Photonics Europe photo gallery.

    Monday posters

    Attendees enjoyed light refreshments and networked with colleagues at the poster session for conferences 9126, 9128, 9130, 9136A, 9136B, and 9141.

    Christoph Schöler

    Christoph Schöler (Westfälische Wilhelms-Univ. Münster) describes his poster, "Generation of standard and elegant Gaussian beams for optical micromanipulation."

    Conference chairs' gala VIP reception

    Photonics Europe Conference Chairs’ gala VIP reception

    The Concert Noble Society was founded in 1785 by Archduke Albert de Saxe-Teschen and Marie Christine of Austria, and in 1873 Leopold II asked architect Henri Beyaert to design a building and reception rooms to host the Belgian aristocracy. This evening's reception hosted the aristocracy of SPIE Photonics Europe! Invitees enjoyed champagne and hors d'oeuvres, while relaxing amongst the splendor of the Louis XVI style rooms.

    Sunday 13 April

    Student Chapter Leadership Workshop kicks off a busy week

    Margaret Ledwith

    Margaret Ledwith (shown) and Frances Mitchell, both from Innovation Academy University College in Dublin, facilitated a lively workshop focused on "re-thinking leadership in the 21st century." Nearly 70 SPIE student chapter leaders from as far away as Cameroon, Pakistan, and Colombia focused on developing key skills that they can grow and develop in order to become a new type of leader for the 21st century.

    SPIE President Philip Stahl spoke to the students before their luncheon, telling them that he has been attending scientific conferences for many years and find they still have a way of energizing him. He said he always comes home with new ideas, new contacts, and the opportunity to play a part in the development of their field of science. View more photos in the Photonics Europe event photo gallery.


    Climategate 2: More ado about nothing. Again. | killexams.com real questions and Pass4sure dumps

    Geez, this again? Seriously?

    Two years ago, someone hacked into a University of East Anglia server and anonymously posted thousands of emails from climate scientists. Quickly dubbed "Climategate", global warming deniers jumped on this, trying to show that these scientists were engaging in fraudulent activities. However, it was clear to anyone familiar with how research is done that this was complete and utter bilge; the scientists were not trying to hide anything, were not trying to trick anyone, and were not trying to falsely exaggerate the dangers of climate change.

    I wrote about this when it happened and then again quickly thereafter, showing this was just noise. Accusations of fraud were leveled at climate scientist Michael Mann, but time and again he was exonerated: like this time, and then this time, and then this time, and of course this time, and then my favorite, this time.

    Climategate was widely denounced as a manufactured controversy, except, of course, by denialists. Because they denied it. That’s axiomatic.

    However, like a bacterium festering away someplace dank and fetid, Climategate is poised to infect reality once again: The Guardian is reporting that a second cache of stolen emails has been released anonymously, and once again the cries of conspiracy are being heard. However, it looks like these emails aren’t really new, and were simply from the original stolen batch, but were held back until today. Mind you, the emails from the first Climategate were released right before a big climate conference, in an obvious attempt to derail it in the media. This new batch was released days before a similar conference, in what appears to be a similar propaganda move.

    [UPDATE: Congressman Ed Markey (D-MA) has called on the US intelligence community to investigate who stole these emails. I think this is the right move. They still don’t know who did this two years ago, and I’d be fascinated to see who was behind it. H/T Michael Mann on Twitter.]

    Climate change denial blogs picked up on this immediately of course. There are examples in the Guardian article linked above. But this is the usual hue and cry, with nothing really new. About all this supposedly new material Michael Mann said:

    Mann called the new batch of emails "truly pathetic" and said they reflect desperation among climate deniers, who have failed to pick holes in the science. "They have instead turned to smear, innuendo, criminal hacking of websites, and leaking out-of-context snippets of personal emails in their effort to try to confuse the public about the science and thereby forestall any action to combat this critical threat."

    It’s hard for me to argue against this, given what Dr. Mann has gone through the past few years. Attacked constantly, exonerated repeatedly, he knows the climate change denialist methods probably better than anyone.

    The University of East Anglia, from which the stolen emails originated, issued a press release:

    This appears to be a carefully-timed attempt to reignite controversy over the science behind climate change when that science has been vindicated by three separate independent inquiries and number of studies – including, most recently, the Berkeley Earth Surface Temperature group.

    That last bit about Berkeley is from just a few weeks ago, showing once again that global warming is real, and that Dr. Mann’s results show that there has been a sudden, recent, and large increase in global temperatures.

    None of this comes as a surprise to any of us who have been covering this for the past few years. I wonder, though, if the mainstream media have learned their lesson? Think Progress wonders the same thing.

    So, with the Noise Machine ready to blast into full gear, let me be very, very clear:

    Global warming is real. Independent studies confirm it. Vast amounts of evidence support it. 97% of climate scientists who study it agree with this. It’s almost certainly caused by human activity.

    Got it?

    The evidence is overwhelming, and no amount of noise will stop that. But that’s why the noise is made, to distract you. They are long past the time when this was simple skepticism — the open and honest questioning of evidence — and are now well into full-blown denial. This second release of emails is more evidence for that, especially given the timing.

    And in some sectors that won’t make a difference — cough cough Fox News cough cough — because they are impervious to evidence. So if this doesn’t blow over immediately — as well it probably should — then expect to see a lot more of this:

    lalalala_beavercanthearyou

    Related posts:

    – Case closed: “Climategate” was manufactured– Climategate’s death rattle– New independent climate study confirms global warming is real– New study clinches it: the Earth is warming up– The global warming emails non-event


    The warning signs were there, they just ignored them | killexams.com real questions and Pass4sure dumps

    There has been a real and growing chasm in the distribution of wealth in recent years and the backlash is showing up at the polls in the form of protest votes directed against the established order, writes Ian Verrender.

    The surprise is that, for most people, it came as a surprise.

    The warning signs, after all, have been evident for at least three years.

    On the home front, there have been shock election results in Victoria and particularly Queensland, where Campbell Newman elected by a landslide was unceremoniously dumped after just one term.

    Just a week ago, the United Kingdom stunned the world with its decision to jettison its membership of the European Union; a move that has the potential to force the break-up of the United Kingdom.

    And most worrying of all, Donald Trump - a bouffanted buffoon masquerading as a reality television star - could well become the next leader of the free world.

    Just like the UK in the wake of the exit vote, the Liberal Party could well tear itself apart. After Saturday's showing, Malcolm Turnbull now will be forced to fight for his place as Leader of the Liberal Party. The recriminations have already begun. The knives have been unsheathed.

    Had his predecessor remained in the job, at least there would be no hung parliament. For the Liberals would have been annihilated.

    Despite all the bonhomie and backslapping at ALP headquarters on Saturday, Labor had a dismal showing. Its primary vote came in around a mere 35 per cent, marginally up from the catastrophic plunge that saw it swept from power three years ago, which was its lowest on record.

    The only reason it appeared to have put up a fight was that preferences distributed by minor parties boosted is performance.

    In fact, the real winners from the 2016 election were independents and fringe parties, including the likes of Pauline Hanson.

    A revolution is sweeping across the developed world, as an increasingly disillusioned lower and middle class find themselves threatened and disenfranchised by the economic forces unleashed by the rise of technology and an increasingly global economy.

    It is being driven by a real and growing chasm in the distribution of wealth and the backlash, initially at least, is showing up at the polls in the form of protest votes directed against the established order.

    The old divide between left and right has begun to blur, allegiances are dissolving and the political establishment, which for years turned a blind eye to the growing undercurrent of resentment, now faces its very own moment of truth.

    The past four decades have witnessed a dramatic decline in job security across the Western world as lower skilled and lesser paid jobs have shifted to developing countries.

    Full time employment has been replaced by contract or even part time work. And in the past few years, even in Australia, underemployment has become a source of concern.

    The business lobby, meanwhile, continues to run a vocal campaign for the abolition of penalty rates and reduced working conditions.

    Back in the 1980s, Peter Drucker, a doyen of management theorists, argued that when chief executive salaries exceeded 20 times average weekly earnings within a firm, it could be bad for morale. At the time he was voicing his concerns, the US differential was pushing the boundaries of 40:1. Now, it has blown out to as much as 335:1.

    When everyone's wealth is on the rise, few tend to concern themselves with wealth gaps. But in times such as these, when wages are stagnant, the widening gap becomes ever more apparent, and Drucker's concerns about morale begin to boil over into revolt.

    From an economic perspective, the weekend result is nothing short of a disaster. Neither major party enunciated the threats facing the Australian economy during the next decade.

    Neither acknowledged the storm clouds gathering over the global economy, with concerns about China, Europe and perhaps even the US. Only the Prime Minister alluded to it, late in the campaign, in an effort to garner support. As a strategy, it clearly failed.

    While the ALP led on the policy front, neither had a cohesive plan to restructure the economy to shore up its finances. Instead, both parties resorted to the kind of cheap theatrics of which the electorate has grown tired.

    The Coalition ran a scare campaign about negative gearing reform. In the final days of the campaign it predicted "chaos" if the ALP were returned to power. It's become almost a tradition, following on from previous scare campaigns around carbon pricing and the mining tax.

    Labor learnt well. In the final week, it launched its very own scare campaign about the dismantling of Medicare.

    If anything was to blame for the loss of support for the Government, it was the idea that a cut to the corporate tax rate somehow would be the panacea for all their economic ills despite the enormous loss of revenue that would have to be made up either through higher taxes elsewhere or reduced spending.

    It was a policy lambasted by a majority of economists, many of whom pointed out that a large slice of any accrued benefits from the cuts would flow to foreign investors.

    That didn't deter the cream of local business leaders to fire up the idea of corporate tax cuts as an election winner.

    As the straight talking Commission of Audit chief Tony Shepherd told Elysse Morgan on ABC's The Business on Friday: "I think what people fail to understand is that business is the economy."

    That's where he and his contemporaries have it muddled. Business is vital to the economy. But it is not the economy. Consumption also is vital. And there are three factors of production; land, labour and capital. Not just capital.

    That lack of balance, the loss of focus, the unequal share of the spoils gradually has turned from annoyance to anger. It is starting to cost politicians and it now will play havoc and come back to haunt business leaders.

    Will they get their tax cuts? Maybe. Will there be a Royal Commission into banks? Possibly. Will negative gearing be wound back? Perhaps. Will wealthy retirees be forced to pay a miniscule amount of tax on their earnings? Almost certainly.

    A possible hung Parliament and a hostile Senate. Has there ever been a more exciting time to be an Australian?

    Ian Verrender is the ABC's business editor and writes a weekly column for The Drum.



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