SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

5 actions to increase your IT group’s productivity

We all have heard Time is money. Speed is one of the most important factors which determines cost in IT industry. So here are the five actions which will increase speed and productivity and will result in great potential success.

1. Integrated service play.

2. Establish a new strategic intent driven by business rather than function.

3. Reorganize the computer structure by making cross functional teams that work across different disciplines.

4. Invest in the appropriate and technologies.

5. Consider options for renting with technologies like cloud. Read the full article here: http://www.cio.com/article/3022757/it-strategy/5-moves-to-make-your-it-group-more-responsive-to-business-demands.html

 

 

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A Series Of Tech Predictions

We've been thinking about the Internet of Things all wrong. According to various predictions by various companies, there were various statements specifying volume and amount of money, number of connections. These are just numbers, Numbers, more numbers. If we believe in the predictions, there is no way that current analytical solutions can manage that level of information. In the immediate future artificial intelligence capabilities are required. Which means all companies who have an analytics platform play will have to invest in A.I. research, acquire and finally emerge with solutions based on methods beyond machine learning. Or risk being left behind. If this sounds vaguely familiar, it's because right now all efforts are pointing towards machine learning and algorithms as the goal for analytics. To read more visit on: http://www.forbes.com/sites/theopriestley/2015/12/08/a-series-of-unfortunate-tech-predictions-artificial-intelligence-and-iot-are-inseparable/#39f25ec8523a1253d985523a

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Play it safe when using Wearables!

The trend of wearables is growing hotter each day. BYOD (Bring Your Own Devices) and IoT (Internet of Things) clubbed together, is adding more efficiency and flexibility. It's no surprise that smart wearables are already passé for fashionistas. On the counterpart, these trends are attracting the attention of hackers. Wearables are being profoundly used for both business and personal purposes. Thus making them a rich source of information. This could act to the disadvantage if the information gets into the wrong hands. Though the wearables have not revealed any big disadvantages, so far. But as always, with evolving technologies, there always exist weak points. The hackers find these weaknesses and exploit it to their benefit. So it is essential to do proper research on the wearable, before handling it a prominent portion of your information. Read more about it in an article written by Jen A. Miller (a freelance journalist) at: http://www.cio.com/article/3022059/wearable-technology/how-secure-are-wearables-anyway.html

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Must have skills for Data Scientists

In today's world Data Scientist is the most- desired workers in IT industries. Since the demand for such skills is high, this has become a desired job for the potential candidates as well. So here are some skills which will increase your chances of hiring, if you want to become a Data scientist - SQL, Hadoop, Python, Java, and R. Not only these, but MapReduce, Hive and Pig skills which will increase your desirability as a data scientist. So, gear yourself up and start working and learning these skills to become a data scientist. Read more at: https://adtmag.com/articles/2016/01/08/data-science-skills.aspx

 

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Internet of Things by 2020

The Internet of Things (IoT) is impacting on consumers’ lives and corporate business models. It is increasing at the rapid rate and by 2020, more than half of the major new process will incorporate some element of the IoT. IoT is basically connecting device with an on and off switch to the internet. By 2020, a black market exceeding $5 billion would exist to sell fake sensor and video data for enabling criminal activity and protecting personal privacy. To address this compromises in IoT security will have increased security costs to 20% of annual security budgets. To read more visit on:  http://tech.firstpost.com/news-analysis/by-2020-more-than-half-of-new-business-processes-will-incorporate-some-element-of-iot-says-gartner-295467.html

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Benefits of Cloud ERP

The cloud technology is evolving and is also benefiting enterprise computing. The key is to improve the cloud-based enterprise resource planning (ERP) solution and ensure that you allow solution to grow with the cloud. Maintenance & service costs for cloud-based solutions have fallen in recent years, so, more businesses are being drawn to the many benefits the cloud offers. Read more at: http://it.toolbox.com/blogs/inside-erp/3-business-benefits-of-cloud-erps-predictive-analytics-71009

 

 

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All About IoT Scalability

IoT is the new green. One of the biggest problems facing the IoT, is scalability. According to a research, it was found that there will be something like 50 billion devices connected to the IoT by 2020. It was also found that each device will usually generate data, and all this data has to go somewhere. Nowadays, networks are connected to several thousands of devices for example, ATM networks and to several million devices i.e. point of sale terminals. Read more about IoT at: http://it.toolbox.com/blogs/datasecurity/iot-scalability-71022

 

 

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All About Hosted VoIP

We all are aware of the revolution brought by the cloud computing in today's business functionality. The management and storage of big data in cloud is well known to everyone. One of the best outcomes of cloud based solutions is the Hosted VoIP technology which is changing the way we communicate. On an average, 7 out of 10 telecom customers still do not understand what Hosted VoIP is. In short, VoIP is the concept of using the internet and cloud based servers to place calls instead of using traditional PBX boxes and phone cables. The same concept applies to telecoms solutions built on a larger scale. Irrespective of the type of business Hosted VoIP is beneficial to all. To read more about Hosted VoIP visit at:http://www.smartdatacollective.com/josh-rose/367715/72-people-aren-t-familiar-hosted-voip

 

 

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Tips to quantify the potential benefits of ERP project

Most organizations and teams struggle to quantify the business benefits of a potential ERP implementation. Organizations must understand the vision of your organization, and to foresee the ways that technology can help drive higher revenues and lower costs. This article link explores some tips to quantify the potential benefits of your ERP project. Read more at: http://it.toolbox.com/blogs/erp-roi/by-the-numbers-quantifying-the-potential-benefits-of-your-erp-project-70983

 

 

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How companies protect business continuity for VoIP

Companies rely on a Voice over Internet Protocol (VoIP) system to communicate, but, a power failure or Internet outage can result in lost revenue and productivity. The causes of a VoIP outage can range from a loss of power in a data center to glitches in Internet connectivity. It’s impossible to avoid outages, but there are steps enterprises can take to ensure business continuity. Read more about how companies protect business continuity for VoIP at: http://it.toolbox.com/blogs/voip-news/protecting-business-continuity-for-voip-70989

 

 

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System Outage: A nightmare for businesses.

A system outage is worse than a nightmare for the IT managers. Downtime is when, the system on which your business relies is dead, down or unavailable. In spite of any levels of preparation, this problem is faced by most of the organizations. And the recovery period builds astronomical pressure on the IT team. A report suggests that the majority of the system outages is due to ill planning. System Outages lead to huge revenue losses each year. Downtime affects the reputation of the business firms significantly. Read more about system outage at: http://www.evolven.com/blog/downtime-outages-and-failures-understanding-their-true-costs.html

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Cybersecurity Risk to Machine Learning Algorithms

Cybersecurity is a very important and is becoming one of the biggest worries for companies. According to various surveys, companies are investing a lot of money in cyber security and training their employees in it. It is estimated that till 2020 investment in the cybersecurity will be around $170 billion. In today’s world as the data is rising, so the risks on it are also increasing. The pattern classification systems that machine-learning algorithm rely on themselves exhibit vulnerabilities that can be exploited by hackers. As we know machine learning algorithms train themselves with the training data set so it may be manipulated according to the needs as hacker wants. For example, Search-engine-optimization algorithm was trained and manipulate website content to boost results in the search ranking or senders of junk emails try to fool spam-filtering algorithm. Even the results of the public election can also be affected by 20% or more as it is found that the order in which candidates appear in search results can have significant impact on perception. To read more about Cybersecurity risks, follow the article by Dr. Kira Radinsky (CTO and Co-founder of SalesPredict) at: http://blog.kiraradinsky.com/author/kiraradinsky/

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Things that AI can do better than we do

When we talk about Artificial intelligence, we always come across the question,' will there ever be possible that machine replaces humans and preforming better than us?' The answer is partially 'yes', as at least in many things machines are performing as unchallenged champions of creativity and intelligence. Areas where artificial intelligence already performing better than humans are.

  • Search the web quicker. Machine learning AI helps in web engine optimization through understanding the meaning of words and phrases, and can therefore guess what should be in the page ranking in never seen before searches.
  • Work in deadly environments. Robots can survive in conditions where humans can’t like deep space, the oceans penthouse, or inside a radioactive reactor.
  • Get a PhD quickly. Few critics of AI argue that machines could never be creative, or curious, or discover anything of significance, but team at Tufts have proved the naysayers wrong.
  • Deliver a correct medical diagnosis.
  • Translate in many languages.

Read more at: http://www.huffingtonpost.com/george-zarkadakis/5-things-ai-can-do-better_b_8906570.html?utm_hp_ref=technology&ir=Technology

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Security for Internet of Things

The internet of things (IoT) is coming in a big way. This means that in a few years’ time, almost everything you own or do will be connected to or available on the internet in some way. The security of information must be built into the IoT, otherwise it will be chaos. This article covers three things that we need to consider with regard to security of information. Read more at: http://it.toolbox.com/blogs/datasecurity/security-in-the-internet-of-things-70940

 

 

 

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All about Vendor Managed Inventory Programs

Vendor Managed Inventory (VMI) programs are often used in coordination with Just-In-Time Delivery initiatives and Direct Store Delivery. A vendor managed inventory program can reduce inventory costs and risks. So, not all enterprise software systems set-up to deal with VMI. A VMI program involves a supplier, a customer, consigned goods and non-consigned goods and both customer-side and supplier-side ERP, logistics, WMS and supply chain systems often need integration in order to function properly. For VMI being effective, information needs to be as fresh. Information based on bar-code scanning and mobile devices is therefore important for any businesses that rely on VMI. Read more at: http://it.toolbox.com/blogs/integrate-my-jde/integrating-systems-to-support-vendor-managed-inventory-70946

 

 

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Changing Life with Machine learning and artificial intelligence.

Why to go far? If we see in our recent past artificial intelligence and machine learning were very exciting and dream topics among engineers and developers. But now machine learning has emerged as the ideal branch of big data and working as oxygen to concepts like artificial intelligence. Year 2015, was a year of massive market shifts. Machine learning (ML) and its super set artificial intelligence (AI) where computer receives new information and learn without supervision have played very important and revolutionary role for the shift. Still Machine Learning has much more in the store. Year 2016 is going be a big year for machine learning. Usually, computers have been used to enhance the ability to carry out tasks. Users see this with features like auto completion and spell check. In the upcoming year these leaps are likely to be made on three fronts: natural language processing, personalization, and security.  To know more about machine learning follow the article written by Motti Nisani(author) at: - http://www.geektime.com/2015/12/27/2015s-big-leap-into-machine-learning/

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SMBs open up new markets for Cloud Computing

Cloud was an unknown term to almost all small and medium businesses (SMB) 4 years back but now nearly half of the SMBs have adopted cloud. There are many factors behind it. The first is ability to access to data stored on cloud with mobile devices and mobility is very important in today’s world. Second factor is backup and recovery adequacy of cloud which is a cheaper option than buying and maintaining a backup system. Another reason why cloud is an attractive option is that standardization leads to improved data security. With cloud gaining immense popularity in the future any SMB not using it would be a rare site similar to a person not using smart phone in current era! Read more at: http://www.business2community.com/cloud-computing/rise-cloud-small-medium-business-market-01418782#ORT38DDsW5VFwVHp.97

 

 

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Great leaps of 2015 in machine learning

If we talk about the recent past, machine learning was only used by a few who understood the algorithms and had access to very huge amount of data on which to employ it. But with the evolution of big data technology becoming a commodity and algorithms easier to use, machine learning has moved out of the hands of the few to the hands of the citizen developers and regular users. Four key steps taken in 2015 for the development of the machine learning are:-

# learning became easier to use.

# Everyone and their brother released a machine learning library or toolkit. 

#Big data to feed machine learning also became cheaper and easier.

#The label “machine learning” was applied to way too many items.

Read more at: http://www.infoworld.com/article/3017250/application-development/4-great-leaps-machine-learning-made-in-2015.html

 

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How Internet of Things can pay-off in Mobile Marketing?

Mobile Marketing is the use of the mobile medium as a means of marketing. According to a report, the IoT device market will double the size of smartphone, PC, tablet, connected car, and wearable devices combined by 2019. The Internet of Things provides a network of physical objects or things embedded with electronics, software, sensors, and network connectivity, thus enabling collection and exchange of data. To know more about how it can hit the target mobile marketing, follow the article written by Arun Bhattacharya (author) at: http://blogs.adobe.com/digitalmarketing/mobile/how-to-add-wearable-devices-to-your-mobile-marketing-strategy/

 

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Choosing the right ERP software

Enterprise resource planning (ERP) is a useful software tool that helps business processes to share data, which in turn helps in streamlining and automating essential business activities. ERP systems can also be used for a variety of activities ranging from human resources to supply chain management and even IT. Small businesses can also benefit from having an ERP system which will help in expanding the business. There are many ERP software solutions available on the market, but it is important to choose the right one for your business. Read more at: http://it.toolbox.com/blogs/inside-erp/choosing-the-right-erp-system-for-your-business-70883

 

 

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