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

All about BYOD Service Element - Remote Wipe

Bring Your Own Device (BYOD) has completely revolutionized the way that employees are conducting business and can save organizations money. It was found that a BYOD campaign can save an organization up to $1,300 per user per year. It is providing flexibility to employees by allowing them to work on a device that they’re familiar with in order to make them more productive. But, organizations should think about the data security.  Remote Wipe is a BYOD service element that should be implemented for every worst-case scenario involving your employee’s device. David Spire (a valued contributor to Business 2 Community), writes in his article about three BYOD scenarios that require Remote Wipe. Read more at: http://www.business2community.com/tech-gadgets/three-byod-scenarios-that-require-remote-wipe-01381297#Bky7jIHg3LAGRS1M.97

 

 

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Cost benefit analysis for moving to the cloud technology

Many companies are moving to the cloud for the technological benefits of scalability and elasticity, while others are deciding that the cloud is the best option because its costs outweigh maintaining an on-premises data center. Companies who are moving their IT infrastructure to the cloud should carefully consider the cost–benefit ratio before making the decision. They should categorize the information collected according to the expense categories. Read more at: http://it.toolbox.com/blogs/insidecrm/the-costbenefit-analysis-for-moving-crm-to-the-cloud-70454

 

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New Trends In Web Applications

Nowadays, the workplace has shifted from being telecom-centric to screen-centric, and with that comes the growing role of web-based applications. Web-based applications take us closer to the world of unified communications, where collaboration is redefined. There are two basic types. They are - Web application – VoIP service and Web application – click-to-call. Read more at:  http://it.toolbox.com/blogs/voip-news/how-web-applications-add-value-to-voip-70416

 

 

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New Trends In Inventory Management and Asset Tracking Software

Earlier, advanced inventory management functionality, such as barcode scanning, mobile computing and RFID were available only to large enterprises. Now, new technologies such as qr codes, mobile technology, smart phones, NFC are available to small businesses also. It is found that Inventory Management and Asset Tracking Software Trends are moving software online, creating mobile applications to manage assets and inventory, using qr codes for labeling assets and inventory, using smartphones for scanning, replacing mobile computers with smartphones, and using NFC technology to speed up inventory and asset processing. Read more at: http://it.toolbox.com/blogs/enhancing-km/inventory-management-and-asset-tracking-software-types-trends-70423

 

 

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How BI is playing an important part in ERP

It is known that ERP centralizes data assets and improve data governance. But, as companies are shifting their focus towards big-data initiatives, they are using ERP as a basis for business intelligence (BI) operations. Nowadays, Analytics is a standard feature in ERP, and using built-in tools and easy-to-integrate add-ons help organizations to make an immediate shift towards real-time measurement, increased oversight and predictive analytics. According to Tom Davenport of Harvard Business School, the three primary benefits of analytics include: cost reduction, faster decision making, and improved product development. Read more at: http://it.toolbox.com/blogs/inside-erp/erp-and-business-intelligence-or-how-your-life-will-change-forever-70407

 

 

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Data cleaning - an important aspect

Data file needs to be cleaned regularly to eliminate errors, duplication and outdated information. If incorrect entries are made, customers drop off, people change jobs or leave, and companies merge or go out of business. Lists of names, addresses, contacts, and contact history, etc. needs to be reviewed and corrected if you want your database to work efficiently. Rick Cook (writes articles on computers and related technology), writes in his article about how to clean data file. Read more at: http://it.toolbox.com/blogs/insidecrm/crm-clean-your-data-70375

 

 

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Implementing ERP In Retail Sector

Retail is a field of ERP, but it has some challenges. Implementation of ERP in big retail organizations takes a lot of planning. Big retail organizations are characterized by a high volume of transactions originating in many different locations. The more attention paid to details in the planning and implementation stages, the more smoothly the implementation will go. Rick Cook (writes articles on computers and related technology), writes in his article about the challenges faced while implementing ERP in the retail sector and why planning is important at - http://it.toolbox.com/blogs/inside-erp/implementing-retail-erp-70373

 

 

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Rules that will help to choose the right ERP system

Enterprise resource planning (ERP) systems provide data which help employees to take better decisions, to make core business processes more efficient, and to help reduce costs across your organization. Nowadays, ERP solutions have become more user-friendly. But, ERP remains an expensive, time-consuming implementation that requires a lot of planning. Before choosing a solution, you must consider the organization’s business goals, expectations about the benefits from ERP, and the business processes that will be integrated with the ERP solution. In this article, the author writes about some rules that will help to choose the right ERP system for any organization. Read more at: http://it.toolbox.com/blogs/inside-erp/10-golden-rules-for-choosing-an-erp-system-70374

 

 

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Ways to improve IoT security

IoT security needs to be improved – the latest buzzword in the business world. According to a survey, it was found that 73% considered it likely that their business would be hacked through an IoT device, and 61% felt that businesses of all sizes are equally vulnerable to this danger. Peter Kowalke (journalist and editor covering business, technology) writes in his article about some ways that businesses can harden their security efforts. Read more at:  http://it.toolbox.com/blogs/itmanagement/five-keys-to-good-iot-security-70376

 

 

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ERP implementation - Points to be focussed

ERP implementation is very complex. So, you have to focus on the few critical parts of your business in implementing your ERP system. One must figure out which part is important to the business and which needs to be improved. But, it is not very simple. In determining what is really important, you need to consult at least with the steering committee and with all the stakeholders in the company and the best way to keep an eye is to make a list, in order of importance, and keep that list in front of you. The next step is to refer to the list often and make sure you share it with the others. This will help to concentrate on what is important while implementing an ERP system. Read more at: http://it.toolbox.com/blogs/inside-erp/erp-focus-on-whats-important-70372

 

 

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Benefits of implementation of ERP system

Organizations can have different reasons to implement an ERP system. But, the most successful implementations are the ones which have the highest benefit. It was found in a 2015 report that most organizations fail to realize at least half of the business benefits that they expect. In general, most successful implementations deliver some common benefits. Eric Kimberling (Managing Partner of Panorama Consulting Solution) writes in his article about the business benefits that can be achieved with the right focus and expertise. They are - Increased revenues, Decreased inventory cycle times, More efficient business processes, Integrated business processes, and Higher employee morale. Read more at: http://it.toolbox.com/blogs/erp-roi/five-tangible-business-benefits-to-expect-from-your-erp-system-70324

 

 

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Requirement mapping for an ERP system

Defining ERP requirements is important for an ERP system. Requirement mapping starts with taking a close look at your business, how it performs and what is right with your business. Basically, it consists of identifying what you're not satisfied with. In short, ERP mapping is required to improve, mapping out the processes as they now exist and looking at how you can change them with ERP to make them function more efficiently. Read more at: http://it.toolbox.com/blogs/inside-erp/mapping-requirements-for-erp-70310

 

 

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Generating ERP reports

Nowadays, ERP systems are capable of generating all types of reports and backed by different tools. The main task is to get the most out of these tools. Unlike spreadsheet based reporting, the tendency with ERP reports is to overdo it. But, moderation is needed. It's best to apply the principle of parsimony to generating reports. Generate as few as possible and distribute them as narrowly as possible. It is advisable to remember that the purpose of the reports is to convey useful information on the status of your business. Read more about ERP reports at: http://it.toolbox.com/blogs/inside-erp/getting-the-most-from-erp-reports-70313

 

 

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How ERP increases efficiency

Standardization drives efficiency and one of the many ways ERP improves efficiency is by standardizing business processes. It also increases certainty and reliability by setting standardized expectations. Another reason is that ERP increases efficiency to make the business processes automated as this speeds up the processes. The other reason for spending so much time on business processes is increasing optimization. ERP also increases efficiency by integrating functions tightly across the entire business. Read more at: http://it.toolbox.com/blogs/inside-erp/improving-efficiency-with-erp-70311

 

 

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Integration of supply chain management with ERP system

It is found that more efficient your supply, the more profitable is your business and ERP plays a vital role in keeping your supply chain running at the top. Nowadays, many ERP systems come with built-in supply chain modules. The supply chain begins when the customer decides to purchase and ends when the customer is satisfied with the purchase. ERP system can give an insight into all the things that happen in the supply chain and helps to manage the process better by giving you better information. The information obtained is invaluable only if you can integrate it into your supply chain management. Read more at: http://it.toolbox.com/blogs/inside-erp/tuning-your-supply-chain-with-erp-70287

 

 

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New trend in CRM

Modern customer relationship management (CRM) solutions are fast, sharp, and are driven by cross-platform big data. These changes represent a move towards an economy driven by the Internet of Things (IoT). In this article, the author analyzes the predictions of recognized CRM experts about the future of CRM. They are -  Wearable Technology, Wearable Tech for IoT Insights, Bigger Data Analytics, Mobile Data Collection, Increased Predictive Analytics. Read more at:  http://it.toolbox.com/blogs/insidecrm/whats-in-store-for-crm-wearable-technology-bigger-analytics-and-more-70292

 

 

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A new technology - memristor

Flash storage will remain a viable and valuable option for many years to come. A new technology is starting to gain importance and it may one day end up replacing it. It’s called the memristor, a combination of the words “memory” and “resistor,” and was first formulated in 1971 by a professor at the University of California, Berkeley. It can retain memory even when no power is present. Read more about memristor at: http://it.toolbox.com/blogs/byod-cloud/meet-the-technology-that-will-replace-flash-storage-70265

 

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Role of IT in business

Distributed networks can create a mess of files, applications and other services that need to be tracked and available for recovery in case of a major problem. Unless one can control which applications are used, where all files are stored, and how every network resource is used, one will have great difficulty writing a complete, top-down recovery plan. Organizations must think about different aspects of IT. They also need to rethink about backup scope and operations to include workstations, laptops and mobile devices.  It is found that the role of IT is key to successful overall planning. Read more at: http://it.toolbox.com/blogs/enterprise-solutions/the-role-of-it-in-business-continuity-70271

 

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IoT in different industries

According to McKinsey Global Institute’s report, it was found that IoT has a total potential economic impact of $3.9 trillion to $11.1 trillion a year by 2025. Gartner also predicts that the approximately 3.9 billion connected things in use in 2014 will grow to 25 billion in 2020. IoT is growing and it is making its presence felt in utility industry, industrial sectors, connected cars, healthcare and consumer apps. IoT is setting its feet in investment, manufacturing and retail also. McKinsey’s analysis found that there is an even greater potential value from IoT use in B2B applications. Read more about IoT and its potential at: http://it.toolbox.com/blogs/it-solutions/7-things-the-experts-want-you-to-know-about-iot-70273

 

 

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All about Mobile Driven Management

Nowadays, most companies allow employees to access company files remotely. One of the great advantages of the digital age is the ability for people to work from home and as mobile and tablet technology advances, laptops and desktops are less necessary. At the same time, no one in the digital data space is unaware of the dangers. So businesses are nervous about data security, and security breaches are increasing exponentially the more people have access to any given system. Mobile driven management or MDM is providing security to make workers more efficient when working remotely. Read more at: http://www.business2community.com/mobile-apps/mobile-device-management-upside-01359034#ugY63etPhKfDqMgA.97

 

 

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