SigmaWay Blog

Nowadays social influencers are replacing word-of-mouth recommendations as it goes far beyond the typical CRM functionality to add in social network streams, messages and mentions to customer data. It is essential to have detailed information about the influencer. This may include the frequency used hashtags, style of recommending products, brands they promote and company mentions. To make a note of each influencer is the best way to approach the individual and track conversations with them. It is very important to coordinate with the influencer by tracking initial messages, follow-ups and other significant events. It is vital to know whether the influencer is positive, negative or neutral about a topic by analyzing the content for the overall sentiment towards the brand, competitors and products. CRMs must handle the process of influencer targeting in real time as it shows the impact of active marketing campaigns on brand awareness and sentiment. Businesses may also find an influencer among their customers. Connecting social CRM with influencer marketing will definitely prove beneficial for the businesses. To read more follow:- http://it.toolbox.com/blogs/insidecrm/how-to-use-social-crm-for-influencer-marketing-74109

Before implementation of a process it is very important to identify your ERP requirements. All ERP systems have different strengths and weaknesses and thus a package must be chosen which minimizes the business weaknesses. It is necessary to choose a system which lets us pay only for the functions needed now and easily adds modules in the future. Even scalability plays a crucial role as some ERP packages are designed in such a way that it is easy to scale by adding users or functions. The level of support provided needs consideration as ongoing support is required once the system is in operation. Training provided to staff members also plays an important role. Thus the consultant or the vendor must be able to provide the required training. The growth and prosperity of the business depend on the soundness of the decision made about your ERP requirements. To read more follow:-http://it.toolbox.com/blogs/inside-erp/identifying-erp-requirements-74112

The Fathom Neural Compute Stick -- the first product of its kind, is a modular deep learning accelerator in the form of a standard USB stick. Featuring a full-fledged Myriad 2 VPU, the Fathom Neural Compute Stick not only enables rapid prototyping, but also delivers high levels of neural network compute to existing devices via a USB port. Thanks to the ultra-low power Myriad 2 VPU, the Fathom Neural Compute Stick does not require an external power supply, and can accelerate neural network performance for a wide range of devices. To know more, follow: http://fossbytes.com/movidius-fathom-brings-ai-stick-supercomputing-usb-drive/

Braina (Brain Artificial) is an intelligent, personal assistant, human language interface and automation software for Windows PC that allows you to interact with your computer using voice commands in English language. Braina makes it possible for you to control your computer using natural language commands. It helps you in doing tasks. You can either type commands or speak to it and it will understand what you want to do. Moreover, using speech recognition built in Braina for Android App you can interact with your computer from anywhere in your house over a WiFi network.
To know more: http://fossbytes.com/braina-free-ai-software-for-your-pc/

Most integrated development environments (IDEs) and text editors are full of useful features, but, for the most part, they aren't connected to the Internet. The Kite is an artificial pair programmer that runs alongside your text editor or terminal. It suggests you command examples, library documentation, and code fixes to make your life easier as a programmer. At the moment, Kite only offers support for Python and OS X. To know more, follow: http://fossbytes.com/kite-artificial-pair-programmer/

Websites are a great marketing tool for any online or offline business. Websites must be customized with proper content and tools. Good website builder is a must for creating a website. The website must have a clean design as it is much appealing to the visitors as well as easy to navigate. Websites must also be designed for mobile because nowadays most people browse using their mobile devices. Also sitemaps must be included. All important information about the business must be given to the users or customers in order to gain their confidence. To know what potential customers are searching online business may use keywords like Google AdWords Keyword Planner. The contents on the website must be shareable so that it is easier for the customers to spread the word about the businesses. To read more follow: - http://it.toolbox.com/blogs/marketing-strategies/3-features-your-small-business-website-needs-to-have-73589

Fed up from the endless advertisers, publishers and contact posts on Facebook? Well Facebook is updating its feed algorithm which will more priority for the friends post over ads, etc. Seems like Facebook wants to stick to its main principle 'Connecting people, places. Starting with people one is friends with on Facebook'. Many updates have been done already in the past like to reduce the amount of posts about friends liking or commenting on some post. It is clear that Facebook doesn't want to get into the business of spreading news issues the world should read about. But rather show articles, which are informative and interesting. Read more at: http://www.forbes.com/sites/kathleenchaykowski/2016/06/29/facebook-tweaks-news-feed-algorithm-to-prioritize-posts-from-friends-you-care-about/#5b0bbedb2598

Improving supply chain will result in overall efficiency and higher profitability of the businesses. The first step to do this is to get top management on board for making changes in the supply chain. The key here is a commitment from the top executives for improvement of supply chain and formulating well thought supply chain reforms. Also, if the ERP doesn’t give an insight and transparency into the flow of products within the company then changes must be made to the existing process. Information about all the phases of the supply chain, from ordering to warehousing, must be available through the ERP systems. Another important thing is traceability. This can be done accurately by maintaining a tight, close relationship with the vendors to track every product in the process. Nowadays the use of satellite transceivers on the trucks of the transportation companies is increasing. This allows the company to track the exact location of the shipment. RFID tags are also used to track individual pallets. To read more follow: - http://it.toolbox.com/blogs/inside-erp/improving-the-supply-chain-74053

Analytics has become much easier with the introduction of ERP. ERP nowadays includes a large no. of analytical and business intelligence tools. So this has made analysis much advanced as the emphasis in the modern ERP system is on practicality rather than comprehensiveness. But it is important to note that the businesses have to provide training to obtain the full benefits of these software. Another important thing is that business analysis must be introduced to people before the tools. Business intelligence must be an essential part of the corporate culture as BI tools gives better and more accurate information and solutions rather than a simple Excel spreadsheet. Introducing the managers to an environment of dashboards (which supplies enormous information at a glance) can simplify the analytical business culture. To read more follow:- http://it.toolbox.com/blogs/inside-erp/business-analytics-and-erp-74058

Enterprise resource planning (ERP) is a good long term choice as it encourages business growth.

1. It optimizes business processes: - it minimizes or eliminates redundant business processes by using identical business processes for a particular task. This increases efficiency as the business can now focus on more strategic job duties.

2. It replaces robust manual back office processes by fully digital back-office functions.

3. Data driven decision making processes are important for a business to prosper.

4. Security provided by ERP solutions will minimize intrusions and data breaches

Thus we can say that ERP solutions helps to gain long-term position and the business will grow in leaps and bounds.

To read more follow:- http://it.toolbox.com/blogs/inside-erp/5-ways-erp-solutions-encourage-business-growth-74045

Although visual data discovery tools give a faster insight and better exploration than traditional BI tools, these have two things in common i.e. data validation and user training. With the help of both visualization of data discovery tools and BI tools users can dig into the data with simple queries, find out patterns and trends by looking at the data graphically. Previously, there was involvement of IT in data analysis in the form of building a metadata layer of abstraction from a physical database scheme with many tables, but now the visual data discovery tools automatically models a metadata layer. It is of utmost importance to know how to use visualization effectively for data analysis. Thus, user training is still important for gaining success. Also data validation cannot be ignored because data validation policies and procedures must be applied before the data is entered into a database.To read more follow:- http://it.toolbox.com/blogs/it-solutions/two-ways-visual-data-discovery-tools-differ-from-traditional-biand-two-ways-they-are-the-same-74024

Augmented reality depicts the user environment in real-time through photographs or maps, unlike virtual reality which sketches artificial environments. For a successful enterprise augmented reality it is of utmost importance that it is able to integrate backend enterprise systems, can be used in real-world business environment, and is able to improve reality by adding virtual means for better and clearer understanding. For the creation of enterprise augmented reality, enterprise integration plays a crucial role. Enterprise augmented reality will bring about a revolution in technology markets. To read more follow:- http://it.toolbox.com/blogs/integrate-my-jde/what-is-augmented-reality-in-the-enterprise-73990

An ambitious businessman owning a small business will like to keep track of all the activities in his business. At this point in time, anything that comes for free and easies your task is welcomed. Buffer is a tool that helps you to manage your various social media accounts efficiently without any sort of hindrance. Outlook is another very important tool that makes your life with emails very easy going. OnStar is of relief when you are on the roads. Waze saves you from losing time in traffic jam, it’s an app that gives you alert about traffic jams and accidents when you enter a destination. Triplt, on the other hand is a tool that helps you stay updated with your bookings in hotels, restaurants or flight reservations. It saves you from bearing the pain to go through printed travel reservations. Time saved with the help of these apps can be used to accomplish other important tasks. Read more at: https://www.entrepreneur.com/article/270400

In the digital era where an individual is afraid of losing jobs not to recession, but two robots and machine learning, it becomes important for us to learn about the extent to which machines can replace human beings. In the near future where automation might delete few occupations entirely, it is expected to affect almost all occupations to some degree. Knowledge about technical feasibility is a prerequisite for automation of the activity. The second major factor that is always the reason for concern is cost. The cost of developing such automation system needs to be taken care of. Physical activities are most susceptible to automation. The retail industry is another place where automation would do wonders. However, financial sector lies in the middle range of automation. People managing and developing things can still relax a bit as automation in this field has very low technical potential. The focus should be on automating sectors with high technical feasibility and replacement of workers from these sectors to opportunities where automation is yet to do wonders. Read more at: http://www.mckinsey.com/business-functions/business-technology/our-insights/where-machines-could-replace-humans-and-where-they-cant-yet

Enterprise Resource Planning (ERP) is gaining popularity in recent times and the top four ERP trends are mobile ERP, social ERP, ERP integration and two tiered ERP. With the help of mobile ERP the work has become much easier as users can access their documents anywhere and anytime. The concept of social ERP is also increasing. ERP integration is helping companies to establish uniformity and consistency across several applications and platforms. Last but not the least two tiered ERP helps to improve the needs of 2 locations- the headquarter and the subsidiary. This is much cheaper than installing one homogeneous ERP system.

To read more follow:- http://it.toolbox.com/blogs/inside-erp/the-top-4-emerging-trends-on-the-erp-market-73954

Process manufacturing industries such as food and beverage, pharmaceuticals, cosmetics, chemicals etc has four unique ERP features. They are:-

1. Maintaining product quality:-An ERP application used in process industries should have a strong quality control suite.

2. Vast traceability:- Tracking raw materials as well as the final products is very important in such industries. A process manufacturing ERP is able to provide such a vast traceability.

3. Robust bill-of materials (BOM) capabilities.

4.  Good Managerial capabilities:- this forms the most essential component of any ERP application.

As process manufacturing has higher requirements and legislation the ERP application used in these should be different from other manufacturing verticals.

To read more:- http://it.toolbox.com/blogs/inside-erp/4-musthave-erp-features-for-process-industries-73956

At the 10th anniversary of the original iPhone, Apple has decided to do something unique. To tell the design changes bought on the iPhone, which can include edge to edge LED and many more. According to the sources, more changes can be bought like eliminating the home button by building the fingerprint sensor into the display. Read more at: http://tech.firstpost.com/news-analysis/wwdc-2016-siri-imessage-and-maps-open-to-third-party-devs-320457.html

Twitter will now be shaking hands with a machine-learning startup that specializes in working with images, to deliver better video and picture content to expand its Machine Learning and AI parts. According to the sources, nearly $150 million is invested in this machine learning startup. A team of engineers will help Twitter by letting the users explore new experiences and share them. Read more at:  http://economictimes.indiatimes.com/small-biz/startups/twitter-allows-users-to-share-140-second-videos/articleshow/52848116.cms

Pokemon Go is all set to revolutionize the online game world. Unlike other apps which requires sign-up into the google accounts, Pokemon Go needs no personal information. Once Pokemon Go is signed in through one's Google Account, he can read your emails and send emails from your account; view, edit or delete his google drive documents, browse your search history. Read more at: http://www.news.com.au/technology/pokemon-go-gives-the-developers-full-access-to-your-google-account/news-story/b30294207a44933c698a14f40f357c3c

Although smartphones have helped up to engage with various brands, a gap still remained between the top and bottom app publishers. Pyze, a business intelligence platform have seem to bridge this gap. The most important reason why small app publishers seems to lag behind is because of lack of intelligence. It is here where Pyze comes in to provide a Growth Intelligence Platform for the small app publishers. Read more at: http://smallbiztrends.com/2016/07/pyze-mobile-analytics.html