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Difference Between Chief Executive Officer vs Managing DirectorThe two key and senior-most company members are the Chief Executive Officer and Managing Director. The duties of the CEO are often confused with those of the MD and vice versa. However, both Chief Executive Officer vs Managing Director can perform duties similarly to each other. Still, the mere existence of these two corporate titles indicates that there will be a substantial difference in their roles. Both report to the Board of Directors. More recently, organizations have started identifying the significance of the two roles and incorporated them into their structure.
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Chief Executive Officer: A senior executive of a company’s management who makes important decisions related to a company.
Managing Director: A senior member of the Board of Directors after the Chairman / Vice-Chairman who manages the everyday operations of the company
Chief Executive Officer vs Managing Director InfographicsBelow is the top 5 difference between Chief Executive Officer vs Managing Director.
Key Differences Between Chief Executive Officer vs Managing DirectorBoth Chief Executive Officer and Managing Director are the organization’s topmost and most important positions. Let us discuss some of the major differences :
CEO & MD plays a vital role in an organization. There are a few pointers that differentiate one from another:
CEO is focused on future-oriented goals, whereas MD handles day to day operations of the company
As a firm representative, the CEO handles the outside world, like media and other public events, whereas MD plays the main role inside the firm.
Both Chief Executive Officer vs Managing Director reports to the Chairman. On the other hand, in many cases, MD reports to the CEO as well.
Main responsibilities:
1. CEO
Achieving strategic goals set up under corporate governance
Making long-term and short-term strategies for the company
Proposed delegation of power to other executives, which is approved by the Board of Directors
2. MD
To attain goals in line with the mission and vision devised by the Board of Directors
Reviewing the performance of the company of various departments and taking corrective measures
The hiring of supporting staff and supervising people of various departments such as sales, production, procurement, etc
Monitoring expenditures and keeping the profitability of the company intact
Supporting CEO for improvement of operations
Figure:1 – Corporate Structure of a Company
Chief Executive Officer vs Managing Director Comparison TableBasis Of Comparison
Chief Executive Officer
Managing Director
A level in an organization Member of the Board of Directors and reports to the Chairman
Responsibilities CEO is mainly focusing on managerial activities as well as guiding other executive officers
Responsible for the overall performance of the Company
Looks after the performance of individual divisions collectively
Decision making Works on decisions made by the Board of Directors Helps the Board in making strategies and policies
Public face CEO represents the company publicly in case of any corporate event. Examples: Mark Zuckerberg, Sundar Pichai, Bill Gates Managing Director doesn’t represent the company publicly at first, except in the case where the same person holds both the titles
Association CEO liaises between management and the board MD performs duties additional to those of the board and communicates with the CEO and Chairman to maintain a positive relationship
Common Goals of Chief Executive Officer vs Managing Director
Running a firm successfully: Irrespective of internal and external factors, the ultimate goal of the CEO & MD is to achieve a business objective and run the company’s operations smoothly.
Code of conduct: The CEO / MD expects to maintain integrity as a CEO is no less than a firm representative of the outside world. On the other hand, MD mainly represents the firm internally by leading and motivating company employees and by setting up examples.
Accountable to the Board of Directors: The CEO / MD must keep the Board informed on the status of policies, goals, and targets defined under corporate governance.
CEO and MD as Separate RolesThe increasing complexities in the current business environment have increased the importance of having two different positions. The concept of separate MD and CEO started from US-based firms, and it got acceptance by the UK and European-based entities due to increased difficulties in the corporate environment.
Although the roles and responsibilities of both titles depend on factors such as legal structure, size of the company, and Article of Association defined under Corporate Governance, which may vary from company to company, in small organizations, creating a different level is not required.
Scenarios that Define the RolesMultiple titles:
A person with multiple titles like CEO, MD, and Chairman is mainly found where the company belongs to Founder or has been running as a family business for generations. Example: Mukesh Ambani – Chairman and Managing Director of Reliance Industries; Mark Zuckerberg – CEO and Chairman of Facebook
Ideal practice:
Separating these two posts is desirable and considered a good governance practice in public and large private companies as it avoids overlapping powers & authority.
Example:
Elon Musk, CEO and Ex-Chair of Tesla resigned as Chairman in October 2023 under fraud charges.
These allegations came to light after his statement of taking his company (Tesla) private, indicating unreported funds’ availability.
As a part of a settlement agreed by SEC, he had to step down as Chairman along with a penalty of $20m while keeping the position of CEO intact.
The main objective of separating his position of CEO from Chairman is to make him focus solely on the company’s operation and not on shareholders’ demand.
Conclusion Recommended ArticlesThis has been a guide to the top difference between Chief Executive Officer vs Managing Director. Here we also discuss the Chief Executive Officer vs Managing Director key differences with infographics and a comparison table. You may also have a look at the following articles to learn more.
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Do You Need A Chief Digital Officer To Manage Your Digital Transformation?
Study from PwC shows the need for Chief Digital Officers in larger organisations
The digital revolution is transforming all business departments. Marketing, HR, Sales, Finance & IT all have massive opportunities and considerable challenges thanks to the rapid pace of digital change. Whole industries are being disrupted with newer, faster and more efficient ways are doing things emerging. Many businesses are responding by creating a digital transformation programme – our new research shows the number of businesses adopting digital transformation programmes is increasing with around one-third having a programme in place and a further third planning a programme within 12-months.
Managing digital transformation is a herculean task, but one that needs to be done well if the business is going to continue to grow in a world forever changed by pervasive technology.
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The challenge of digital transformation has led to the creation of a whole new category of business executive; the Chief Digital Officer or CDO. McKinsey has described the CDO as the Transformer in Chief.
A new report from PwC charts the rise of this position, and suggests it’s importance will continue to grow over the coming years.
How many already have a CDO?Only 6% of companies have a chief digital officer, which in part is explained by the fact many businesses are too small to require such a position. Contrast this to the proportion of businesses with another type of CDO, the Chief Data Officer, which Gartner estimates will reach 90% by 2023.
Larger companies generally are ahead of the curve in appointing CDOs. The proportion of companies with more than 10,000 employees that have appointed CDOs is between 5 and 9 percent, but this falls to between 1 and 3 percent for companies with fewer employees.
The more consumer-oriented industries were more likely to have CDOs. 13% of media companies had them, whilst 31% of travel and tourism companies had them. This reflects how much digital has transformed those industries, so as we see technology disrupting a whole new set of industries in the coming years, such as healthcare, finance and law, so too will we see the growth of CDO positions.
I would conservatively predict that within five years the levels of CDO penetration across the board will be as high as it is in the travel and tourism sectors.
European companies lead the way in terms of CDO positionsEuropean companies are considerably more likely to have CDO positions than other regions. This may, however be the result of different cultures towards digital transformation, as many American companies may feel that they already have digital in hand, with experienced executives that lead technological changes.
Which departments are CDOs recruited from?Being a ‘chief digital officer’ you might expect a lot of CDOs to have a tech background, possibly leading IT departments. Not so. In fact, the most common background for CDOs of marketing, and 2nd is sales. This is probably down to the extent to which marketing has been disrupted by digital, giving marketing officers strong insights into managing digital transformations.
Where do CDOs sit in the organisational structure?As the ‘Chief’ in term name would suggest, the most common ways CDOs are integrated into an organisations structure is at the C-suite level, which is a testament to their importance within major organisations.
Do you need a CDO?The answer to this question will very much depend on the size of your business and the sector it operates in, as well as its current state of digital development. Digital officers are required when the business is going through digital transformation, but are a transitional role. Once all aspects have fully embraced and optimised the use of digital technologies, the need for a chief digital officer will evaporate. Railway companies don’t need chief diesel officers to manage the transition away from steam trains, because they don’t use steam trains any more. Therefore whether or not your business needs a CDO will also depend on whether digital is the norm or not in your organisation.
For more insights on the current state of the role of chief digital officers, download the report from PwC. For a contrarian look at the future of CDOs, see this article from Forbes.
It quotes Rob Preston, Editor-in-chief at InformationWeek forecasting that by 2023 the CDO role will disappear. He says:
“…once business leaders understand that the Chief Digital Officer is a role born from the apparent need to fulfil responsibilities that are accountable and delivered by each of the C-suite separately in their own duties”.
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New Pardee Center Director Named
New Pardee Center Director Named Global climate change research and policy analysis expert
Anthony Janetos will begin July 1 as the new director of the Frederick S. Pardee Center for the Study of the Longer-Range Future. Photo courtesy of Anthony Janetos
President Barack Obama announced a commitment during his inaugural address earlier this week to tackle climate change during his second term, noting that to avoid the issue would “betray our children and future generations.” Boston University may be signaling a similar, but longer-term, commitment to address the subject by naming Anthony Janetos as the new director of the Frederick S. Pardee Center for the Study of the Longer-Range Future.
Janetos, who will assume the post July 1, is a Princeton-trained ecologist who has spent nearly three decades researching and doing policy analysis on the impact of global climate change. He has held positions at the Environmental Protection Agency, NASA, the World Resources Institute, the Heinz Center for Science, Economics & Environment, and most recently, the Joint Global Change Research Institute at the University of Maryland, where he has been director since 2006.
Jean Morrison, University provost and chief academic officer, says Janetos’ “passion and track record of high-quality research, exceptional teambuilding, and intellectual leadership were an ideal match for our needs here at BU.” She notes that his research and policy interests align with the center’s mission of supporting “interdisciplinary, policy-relevant, and future-oriented research that contributes to long-term improvements in the human condition.”
Janetos will take over from director ad interim James McCann, a College of Arts & Sciences professor of history.
BU Today recently spoke with Janetos about the impact climate change has had locally and globally, what a warmer world might look like, and whether the United States, and more specifically, the Obama administration, is adequately addressing this global challenge.
BU Today: You’ve spent your career studying climate change. Why this topic?Janetos: There’s lots of really interesting and difficult science that sheds some light on fundamental processes that govern how the physical world evolves. In addition to that, it’s such a difficult and fascinating problem looking at how governments interact. How do we actually address these really thorny environmental issues whose causes are at the root of supplying energy services? How do governmental institutions interact with NGOs and the private sector to try to create strategies?
Climate change is such a fundamental issue, in part because it really does affect how countries are able to develop. This is not an issue for our grandchildren or our great-grandchildren. Things are happening now.
What do you hope to bring to the Pardee Center as its new director?One thing I think I’ve been able to do, and I’ll certainly try to promote at the Pardee Center, is to explore this interface between the changes and processes in the physical world and how social, economic, and cultural processes interact in improving human welfare.
What impact is climate change having on our daily lives?In the United States, we have quite a large number of pretty well-documented effects of climate change and variability in the climate system, on crops, pests, and frequency of droughts and heavy rainfall.
In some parts of the developing world, in particular in parts of the world that are already drought-prone, there’s been an intensification of these patterns, with at least the potential for effects on food security. We are at a stage where the imperative to respond, the imperative to adapt, is with us right now. How we choose to do that, and in a sense how severe we allow the challenges to become, is still something that we can wrestle with, but we are going to have to.
What happens if the United States and other countries fail to take action on climate change?If we keep pumping greenhouse gases into the atmosphere, we’re going to see a very different world indeed, some of whose characteristics we’re not going to like very much. We’re already seeing pretty substantial melting of glaciers and land-based ice. The sea level rise alone has the potential to have a very serious impact on coastal settlements and cities. And since a very large fraction of the global population lives within 100 kilometers of a coast, this is something by itself quite serious indeed. Irrespective of what happens to hurricane frequencies or intensities, the simple fact that there’s more water to push around means that damages will rise. And we’ve just had terrible examples of that here on the East Coast. We’re not alone in that. We get constant reminders of this in Southeast Asia and the Pacific Islands with typhoons.
Which is a better strategy for addressing climate change—adaptation or mitigation? Or are both necessary?You’ve got to do both. It’s simply right that in the developing world, where most of the population growth is and a huge fraction of economic development is going to be, they meet their growing energy demands. But how that’s done both in the developing world and the current large economies will make a tremendous difference in how the atmosphere behaves and how the climate system behaves. At the same time, we have this reservoir of greenhouse gases already in the atmosphere. The fact that we’re already seeing changes in the climate system means that we really don’t have a choice; we’re also going to have to adapt. I don’t view this as a contest between two classes of decisions; I view this as a fundamental challenge of creating and managing a sustainable environment.
Do you believe individual action can have a powerful impact on climate change?Individual action can always have an impact. But at the same time, we’re talking about challenges that are at a scale that are simply going to require some form of governmental action and some form of action by the largest institutions we have. That’s one of the reasons why this is such a challenging and interesting problem: how do you get to a point where those kinds of agreements and challenges are met?
How would you rate the U.S. response to climate change so far?I actually wouldn’t grade it. This is a really hard problem. It took us a long time to get into this, and it’s going to take time to get out of it. The challenge is not to wait to start. There are things happening. It’s really difficult to get to a common solution or a solution that is embraced by a large number of parties. If we just focus on the short term, it’s a problem. We have to be in this for the long game.
If you were to make a wish list of how President Obama should tackle climate change, what would it include?We need a fresh national dialogue on this topic. Something that’s not just people talking past each other and not just caricature. If, in fact, we could get to a fresh national and international dialogue, then that would really be important.
Does there need to be a generational shift before comprehensive action can occur?Caring for the environment at the same time as meeting demand for energy, crop production, and so on, is now part of the cultural environment that we all grow up in, and that’s very different than 40 to 45 years ago. These are really hard problems, but I’m optimistic that in this country and in other countries we’re having this cultural change about the importance of the environment as part of an overall well-being and that people won’t abandon that.
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Managing Sql Database On Google Cloud
This article was published as a part of the Data Science Blogathon.
IntroductionThis article shows how you can create and manage a Cloud SQL Database on Google Cloud Platform and further connect that database to any web application. This tutorial shows how you can join that database with a Django Application. By the end of this article, you will have a sufficient amount of understanding of SQL Databases, their features, properties, and practical use.
What is SQL Database?and many more.
Benefits of Cloud SQL?Cloud SQL is an example of PaaS(Platform as a service). It is one of the best databases to use, providing high availability throughout all regions and automatically managing your latency, updates, backups, etc.
You can use services of various Cloud SQL service providers like Google Cloud Platform (GCP), Microsoft Azure, AWS, etc. This tutorial uses GCP to create a Cloud SQL Database.
Setting Up a SQL Database- Process1. log in to your GCP Console.
Prerequisites: You must have a billing account on Google Cloud, as this is a paid service.
2. Create a New Project or use an Existing Project.
3. Select your newly created project.
4. Navigate to SQL
6. Choose the type of SQL Database. In this tutorial, we have chosen PostgreSQL
7. Enable the PostgreSQL Instance API
8. Fill up the configurations of the database like ID, Password, etc.
You can also monitor the monthly cost of the Instance according to your configurations.
Finally, create the Instance after choosing all the configurations.
9. Your newly created database looks like this:
10. You can see the Public and Internal IP addresses of your Instance.
You can also open Cloud Shell to access its terminal.
Enabling SQL Admin APIBy enabling this API, you can get access to control the Database through Cloud Shell.
2. Search for “Cloud SQL Admin API” and Enable it.
Creating Database1. Now, navigate to your SQL Database and open Cloud SQL Shell.
2. In your Cloud SQL shell, type the below command and then your password, which you have set earlier while creating the Instance.
Note: Below command would be different from yours.
$gcloud SQL connect aryansqldb –user=postgres –quiet
You can create a new database using the Shell or the GCP Console. I will show you both ways.
a) Creating DB using Shell:
$ CREATE DATABASE #sqltutdb;Use the below command to get the list of all your databases:
$ lYou can observe above that your database has been successfully created.
b) Creating DB using GCP Console:
Navigate to Databases
Create a new database of the name of your choice.
Configuring Networking SettingsThis section will configure the firewall rules to allow all incoming requests or traffic to your Instance.
We have chosen the IP Address as 0.0.0.0/0. After providing the login credentials, it will allow all the IPV4 clients to connect to the Instance. But in the production build, you must add only a specific IPV4 address on which you want your application to be hosted.
Creating Django ApplicationIn this section, we will create a sample Django application and connect that application remotely with our Cloud SQL Database.
1. Installing Django
$ pip install django $ pip install psycopg22. Creating a New project
$ django-admin startproject #sqldbtut3. Configuring the chúng tôi file
We have to change the default database from SQLite to PostgreSQL.
DATABASES = { 'default': { 'ENGINE': 'django.db.backends.postgresql', 'NAME': "", #sqltutdb 'USER': "", #postgres 'PASSWORD': "", 'HOST': "", 'PORT': 5432, } }4. Create migrations in the database
To check if our DB is connected successfully, we will create the migrations in the database.
$ python chúng tôi makemigrations $ python chúng tôi migrateHurray 🎉, you created a Cloud SQL Database and successfully tested it.
ConclusionIn this article, we have created a SQL Database Server on Google Cloud and used that database in a Django Web Application. As discussed above, SQL Databases have a pre-defined and structured format. On the other hand, we also have NoSQL databases, which don’t have a pre-defined structure and store the raw data in JSON format. NoSQL Databases are of four major types, Key-Value (VK) Stores, Document Stores, Column Family Data stores, and Graph Databases. SQL Databases are verticle scalable, while the NoSQL databases are horizontally scalable.
If your requirements are precise and your dataset is structured, also you want that your database must follow ACID Properties (Atomicity, Consistency, Isolation, and Durability), then you must go towards SQL Databases. On the other hand, if your data requirements are not precise also your dataset is unstructured, then NoSQL databases are the best choice for you.
5. Finally, we have created a sample Django Web Application and connected our database with it.
Do check my other articles also.
Thanks for reading, 😊
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Salesforce For Financial Services: Managing Client Relationships
Introduction
Salesforce is a powerful customer relationship management (CRM) software that helps businesses across various industries to manage their clients’ data, improve their marketing efforts, and ultimately, increase their sales. Financial services companies, such as banks, insurance providers, and investment firms, can benefit greatly from using Salesforce to manage their client relationships.
This article will explore the many benefits of using Salesforce for financial services, including how it can help these companies manage their client relationships effectively. We will also look at how Salesforce can be used to streamline internal operations, improve communication, and increase revenue.
Why Salesforce for Financial Services?Financial services companies often have a lot of data to manage. They have to keep track of client information, financial transactions, and regulatory compliance, all while providing excellent customer service. Salesforce can help financial services companies in many ways, including:
Improved Client ManagementSalesforce provides a centralized database that allows financial services companies to store all of their client information in one place. This makes it easier to manage client relationships, track interactions, and access important information quickly. Companies can use Salesforce to create detailed profiles of their clients, including their contact information, preferences, and purchase history. This information can then be used to personalize marketing efforts, improve communication, and build stronger relationships with clients.
Streamlined OperationsSalesforce can also help financial services companies streamline their internal operations. The software allows companies to automate many of their processes, such as lead tracking, sales forecasting, and reporting. This saves time and resources, allowing employees to focus on more important tasks, such as providing excellent customer service
Improved CommunicationSalesforce can also improve communication within financial services companies. The software allows employees to collaborate more effectively, share important information, and work together on projects. This can improve efficiency and productivity, leading to better outcomes for clients.
Increased RevenueUltimately, the use of Salesforce can lead to increased revenue for financial services companies. By providing better customer service, improving communication, and streamlining operations, companies can attract and retain more clients. This can lead to increased sales and profits, helping companies to grow and succeed in a competitive industry.
Salesforce Features for Financial ServicesSalesforce offers many features that are specifically designed for financial services companies. These features include:
Customizable Dashboards and ReportsFinancial services companies can use Salesforce to create custom dashboards and reports that provide real-time insights into their operations. This can help companies to identify trends, track progress, and make data-driven decisions.
Lead and Opportunity Management Compliance ManagementFinancial services companies must comply with many regulatory requirements. Salesforce can help companies to manage these requirements more effectively by providing tools to track and report on compliance activities.
Marketing Automation Customer Service ManagementSalesforce provides tools to help financial services companies manage customer service requests, track interactions, and resolve issues quickly. This can improve customer satisfaction and loyalty, leading to increased revenue over time.
Using Salesforce for Financial Services: Best PracticesTo get the most out of Salesforce, financial services companies should follow some best practices. These include:
Customizing Salesforce to Meet Business Needs Providing Adequate Training and SupportFinancial services companies should ensure that their employees receive adequate training and support when using Salesforce. This can help employees to use the software effectively, improve productivity, and reduce the risk of errors or data loss.
Integrating Salesforce with Other SystemsFinancial services companies should consider integrating Salesforce with other systems, such as accounting software, HR software, or document management systems. This can help to streamline operations, reduce duplication of effort, and improve data accuracy.
Monitoring Data QualityFinancial services companies should monitor the quality of their data in Salesforce regularly. This includes performing regular data clean-ups, validating data on a regular basis, and ensuring that data is accurate, complete, and up-to-date.
Implementing Data Security MeasuresFinancial services companies must take data security seriously. They should implement appropriate security measures, such as user permissions, data encryption, and two-factor authentication. This can help to protect sensitive data from unauthorized access or theft.
ConclusionSalesforce is a powerful CRM software that can help financial services companies to manage their client relationships effectively. It provides a centralized database that allows companies to store all of their client information in one place, streamline their internal processes, improve communication, and increase revenue.
Financial services companies should customize Salesforce to meet their specific business needs, provide adequate training and support, integrate Salesforce with other systems, monitor data quality, and implement appropriate data security measures. By following these best practices, companies can get the most out of Salesforce and achieve their business goals.
Iomega Screenplay Director Hd Media Players Announced
Iomega has announced their latest digital media devices, the Iomega ScreenPlay Director HD, ScreenPlay Plus HD and the ScreenPlay TV Link Director, each of which promise to funnel your video, audio and image content onto your HDTV. The top-spec ScreenPlay Director HD Media Player has 1TB of onboard storage together with an ethernet connection for DLNA streaming playback across a network; there are also three USB 2.0 ports, for plugging in external storage, a USB WiFi adapter or cameras for direct playback.
It supports up to 1080p HD 24fps video playback in H.264, WMV and MKV formats (among others) in addition to streaming YouTube, Shoutcast radio, RSS feeds and podcasts. The Iomega ScreenPlay Director HD will arrive in the US later in January 2010, priced at $249.
As for the Iomega ScreenPlay Plus HD, it drops the network connection and supports either 720p or 1080i HD via HDMI; there’s also a single USB 2.0 port. Onboard storage is either 1TB or 500GB (the 500GB model is already available now, priced at $169 in the US) and it can handle MP3, AC3, WAV, WMA, MPEG-1, MPEG-2 (AVI-VOB), MPEG-4 (AVI/DivX/XViD) and JPEG formats.
Finally, the Iomega ScreenPlay TV Link Director lacks internal storage and instead supports either USB 2.0 connected hard-drives or DLNA streaming content across a network. Otherwise all the specifications are the same as the ScreenPlay Director HD. It will go on sale later in Q1 2010, priced at $129.
Press Release:
Iomega Announces New ScreenPlay HD Media Player Products That Deliver Online Premium Content as well as Your Digital Videos, Photos and Music Directly to the TV
New “ScreenPlay Director” from World’s Leader in HD Media Players Features Full 1080p High Definition, Network Connectivity, Increased CODEC And File Support, 1TB Capacity and Much More
SAN DIEGO, January 5, 2010 – Iomega, an EMC company (NYSE: EMC) and a global leader in data protection, today announced the launch of a new generation of ScreenPlay™ HD Media Products, including the top of the line Iomega® ScreenPlay™ Director HD Media Player, a feature-rich HD media player that makes it easy to browse your home network for content to watch on the TV, and also incorporates the Roxio CinemaNow™ entertainment platform from Sonic Solutions® (NASDAQ: SNIC), giving consumers instant access to buy or rent movies and other premium entertainment from the Internet to view on your TV.
The new family of Iomega ScreenPlay HD Media Player products, on display at this week’s Consumer Electronics Show in Las Vegas, represents the most versatile multimedia product offerings in the market today: three different products with different features at different prices – something for everyone that wants to enjoy their videos, photos, music and all of their digital content on the TV, as well as renting or purchasing premium content from the Internet – all without being connected to the computer.
Roxio CinemaNow
The Roxio CinemaNow entertainment platform incorporated into the new ScreenPlay Director HD Media Player products (available only to U.S. consumers), gives users instant access to buy or rent movies and other premium content via the Internet to watch on standard and high definition televisions.*
“With Roxio CinemaNow, consumers will be able to access premium content directly from Iomega’s ScreenPlay HD Media devices,” said Huberman. “Now U.S. consumers can rent or buy movies over the Internet without needing their computer or ever leaving the livingroom. We are excited to partner with Sonic Solutions to add this functionality to our industry leading ScreenPlay line up and further differentiate our products from others in the marketplace.”
Top of the Line: The New ScreenPlay Director HD Media Player
The ScreenPlay Director is compatible with PCs and Macs, and has an Ethernet connection so you can store, access and share videos, photos and music across your home network or store all the files in one convenient location on the ScreenPlay Director. The new ScreenPlay Director is DLNA compatible to interact with other compatible devices on your home network, and is WiFi ready so you can connect to your network wirelessly, if desired. (USB WiFi adaptor sold separately.)
The ScreenPlay Director HD Media Player, available later this month in the U.S., can hold up to 4 million photos, 18,500 hours of music, or 1,500 hours of video***.
The New Iomega® ScreenPlay™ Plus HD Media Player
The ScreenPlay Plus is compatible with such media formats as MP3, AC3 (Dolby® Digital Encoding), WAV, WMA, MPEG-1, MPEG-2 (AVI-VOB), MPEG-4 (AVI/DivX/XViD) and JPEG. The ScreenPlay Plus includes an HDMI connection and a USB 2.0 port for accessing additional storage from a portable hard drive or a USB Flash drive.
The New ScreenPlay TV Link Director
The Iomega® ScreenPlay™ TV Link Director provides all the capabilities of the ScreenPlay Director HD Media Player but at a fraction of the cost. A small, compact device with no onboard hard drive, the ScreenPlay TV Link Director gives users the flexibility to bring their content to the device using their own USB drives and USB 2.0 Flash drives or by browsing their home network. The ScreenPlay TV Link Director is DLNA compatible and is an ideal companion to Iomega’s Home Media Network Drive. The ScreenPlay TV Link Director is perfect for users with plenty of storage capacity in existing USB drives.
All of the new Iomega ScreenPlay HD Media Player products come with an improved remote control that makes it easy to view movies and photos, listen to music and access the Internet without leaving your seat.
Premium Software from Iomega
The Iomega Protection Suite of software is bundled free of charge with many Iomega products, including the new ScreenPlay HD Director and ScreenPlay Plus Media Player products. Available via download, the Iomega Protection Suite includes Iomega QuikProtect for simple scheduled file-level backup; a choice between EMC® Retrospect® Express or Express HD to back up your data, plus applications and settings; and a free subscription to a market-leading software that protects your PC with anti-virus, anti-spyware, and web security protection.
Pricing, Availability and Warranty
The new 1TB Iomega® ScreenPlay™ Director HD Media Player will be available in the U.S. later this month for $249.00. The new 500GB Iomega® ScreenPlay™ Plus HD Media Player is available now for $169.00, and the new ScreenPlay TV Link Director is expected be available in the U.S. later this quarter for $129.00. (All pricing is U.S. suggested retail.) All of the new ScreenPlay HD Media Player Products are backed by a three-year warranty (with product registration).
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