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

Big Data to The Rescue

Every business is undergoing a digital transition, which in turn keeps adding huge amount of information every day. Big Data is one of the best tool in today’s world when we talk about problem solving. It has truly helped us in overcoming the age-old challenges, and now it is doing the same with different businesses. Read more at:

https://www.smartdatacollective.com/big-data-unlocks-key-age-old-challenges-businesses-face/

 

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Analytics and Data Interpretation in Football

The NFL or The National Football League is a professional American football league consisting of 32 teams, divided equally between the National Football Conference and the American Football Conference and the use of new technology of analytics has entered in the mainstream of the league. Nowadays, technology is part of players' gear to get data and statistical information. For example, radio frequency identification or RFID sensors are sewn into shoulder pads of the players.

Now, football has advanced to the point the sport is complemented by bio-mechanics, blood analysis and wristband monitors. There is even a sleeve that can be worn to monitor the stress on a quarterback’s arm. The data that is received from these monitors can help in selecting special practice sessions to manage fatigue levels for the player. This application reduces the risk of some injuries.

 

Read more at: Here

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Chatbots Are Here to Stay

Artificial Intelligence has come to a new dawn. The future truly relies on AI. From Eliza to Google Assistant, AI chatbots have come a long way now. But how are they helping to strengthen the marketing efforts. Find out at:

https://www.smartdatacollective.com/ai-chatbots-help-strengthen-marketing-efforts/

 

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Man & Machine vs Data

Most of the organisations right now are collecting a lot of data every day and doing all sorts of manipulations with it. And now, since we have the right tools, it is easier for us to make better decisions and have more cost efficiency. But, the machine all on its own can never be of the best use for data management. A co-operation between humans and machines is becoming essential at all levels. Read more at: 

https://www.computer.org/web/computingnow/insights/content?g=53319&type=article&urlTitle=5-reasons-the-future-of-big-data-requires-human-machine-cooperation

 

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Big Data Takes on Road Accidents

Road accidents almost tops the list for the cause of injuries and death all around the world. But now, Big Data researchers seem to have come up with an effective solution. They say Big Data can help us understand crash site data, make vehicles safer and eliminate risk in isolated solutions. Some suggest that automated vehicles are the way to go. Whatever they do, road safety cannot be achieved without human effort and focus. Or can it? Read more at:

https://www.smartdatacollective.com/investigating-the-relationship-between-big-data-and-road-safety/

 

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GPS in Hospitals

Location-based tools can be easily imagined to be used for transportation purposes, but this technology has also recently been linked to the healthcare sector. With modern location data, you can easily find where all the physicians are and they can be easily called to the facility in a case of emergency. Similarly, an injured patient can be sent to the exact place in the facility that is not that busy as compared to others. Recently, a hospital in Wisconsin saved $850,000 in overtime staffing costs by placing a similar system. Find out more at: 

https://www.smartdatacollective.com/real-time-location-data-revolutionizing-healthcare-industry/

 

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Ways for effective Influencer Marketing Campaign

There are many levels to an influencer marketing campaign, just like any other marketing strategy. The basics of these marketing strategy are vital i.e. find a fit for your brand, establishing a budget, and be thoughtful and thorough while you engage your influencers. But, it can be difficult to fine tune your campaign and catch how to quantify your investment, both for your team and for the people who approve your budget. So, this article link by Kristen Matthews (specialist in creating content) gives us some hints to get your numbers and strategies on point. Read more at : 

https://www.business2community.com/digital-marketing/next-level-influencer-marketing-roi-answers-for-your-brand-02061232

 

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GPS in Hospitals

Location-based tools can be easily imagined to be used for transportation purposes, but this technology has also recently been linked to the healthcare sector. With modern location data, you can easily find where all the physicians are and they can be easily called to the facility in a case of emergency. Similarly, an injured patient can be sent to the exact place in the facility that is not that busy as compared to others. Recently, a hospital saved $850,000 in overtime staffing costs by placing a similar system. Find out more at: 

https://www.smartdatacollective.com/real-time-location-data-revolutionizing-healthcare-industry/

 

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Using cloud technology to store data

As the data in the ‘datasphere’ is about to increase a thousand percent by 2025, data giants like Amazon and Google are looking forward to Object Storage, making File and Block storage methods the news of yesterday. But, even that is not enough, billions of dollars are being drained annually to improve the data centre around the world. Therefore, it’s time that we go to the next step, taking data storage out, into the space. Read more at: 

https://www.smartdatacollective.com/data-storage-space-works/

 

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Dawn of Dr Robot

We may be decades away from robots attending us at the hospitals, but the influence of AI technology in the medical field have arrived. It’s a known fact that in AI, Machine Learning (ML) is considered to be the best approach but most of the AI solutions concerning medical sectors are not an example of ML. They are generally using the algorithms that are created by humans. Then what exactly is happening with AI in the Medical Field? 

https://www.wired.com/story/this-computer-uses-lightnot-electricityto-train-ai-algorithms/

 

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Monitoring Things of Your Internet

The IoT is the next huge thing that’s coming up in IT industry. It opens up a lot of new aspects for them but there still is the question of security. Therefore, some suggest that Free Network Monitoring Software must be used when dealing with IoT. Read more at: 

https://www.spiceworks.com/it-articles/network-monitoring-internet-of-things/

 

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Deep Learning Application That Codes

The latest version of Deep Learning Application (Bayou) will help humans in programming. With the help of just a little information and some keywords, Bayou can almost predict the programmers brain. The researchers have used method of Neural Sketch Learning to train its Neural Network.  It can easily take over forums like Stack-Overflow because of its instant reply to programming problems. Read more at: 

https://www.futurity.org/artificial-intelligence-bayou-coding-1740702/

 

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Cloud is Secure

64% of IT experts feel that cloud security is a very secure place to work but 10% also think that it is not secure at all. Whereas in the recent data breaches, it is observed that it took place because of human mistakes and that cloud was not responsible for it. The latest advancements in the cloud technology like Basic6, Box View, AWS, etc. have made sure cloud is efficient for business operations. Only with the increase in cloud users and business efficiency, the security of the cloud can improve. Read more at: 

https://www.computer.org/web/computingnow/cloud/content?g=53319&type=article&urlTitle=is-cloud-security-a-safe-bet-for-your-data

 

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Data Security or Web Personalization

The threat to the future of web personalization is crippled with rising privacy concerns. A poll suggests that 91% people believe that they have lost control to their personal data. But most of them are also supporting the personalization of websites. Therefore, it is important to find out what types of data user is comfortable sharing with the manufacturer. There is no subjective answer to that question, different people have different standards. Some suggest that giving the control over personalization directly into the hands of customers is the best way to tackle this situation. Read more at: 

https://www.smartdatacollective.com/privacy-concerns-hinder-personalization-web-based-applications/

 

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Learning AI - The Right Way

Nowadays, we can hear about lot of myths surrounding AI and ML. This article link has busted those myths and allowed the truth to rise to its deserved place in the informational hierarchy. The basic misconception is that most of the people link AI and ML directly to robot, which is not true. Other than this, there is a whole other discussion of AI taking over humans, to which even Stephen Hawking and Elon Musk agreed. In some economical respects, these threats seem to be real, like self-driving cars replacing human drivers. But a new trend is on rise, in which the AI is included in the business structure by shifting the human staff to a new position. AI/ML is still an infant and hence we shouldn’t fear AI takeover anytime soon. Continue at: 

https://www.smartdatacollective.com/busting-myths-ai-machine-learning/

 

 

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Internet of Things: Need of proper guidance

Author, Philip Piletic, in his article link clearly states the fact that with the advancement in Internet, Internet of Things (IoT) is also reaching endless possibilities. Yes, there are many perks of IoT but in some situation, we need proper security. In some cases, it may act like an open door to a secured network, since IoT devices are also directly connected to the internet. Most of the IoT devices, like Mobile Phones, Smart TVs, etc., always keep collecting private data of a user which is sent back to the manufacturer, that have some threat. Therefore, it is necessary for proper guidelines to be set up for manufacturers about using the user’s data. Read more at: 

https://www.smartdatacollective.com/hidden-dangers-internet-things-infographic/

 

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Changes in Human Resources

The human resources department is the most valuable part of the organization. In the coming years, there are many changes that are sure to occur. One of them is change in the frequency of feedback, from multiple feedbacks to right feedback at the right time. The reviews of employers must be improve over time, else the employee turnover will gradually increase. Transparency among all levels of the organization must take place, as it is essential for the right working of the organization. The current youth will want more from the organization they will be working in. Read more at: https://www.businessnewsdaily.com/9383-future-of-hr.html

 

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All About Contact Center Leader's Skills

Good leadership lies at the center of contact centre services. Customer is always prioritized over personal needs. Diligent coaching seen as one of the most effective methods of service improvement and center operation. It is the real life experience that really matters, irrespective of the amount of text book knowledge applied. Great leaders have the ability to remain calm under pressure. They should be ready to take on situations which are new and unprecedented. They should be business minded and focused on the organization’s objectives. As contact centers are dependent on technology, the leaders should have fluency over tech gadgets. Read more at: https://www.customercontactweekdigital.com/agent-engagement/articles/10-skills-all-great-contact-center-leaders-need

 

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Data and Government Regulation

Data security is becoming a matter of increasing concern. Guidelines to cover the security is data are needed. Data breaches are being detected but, still classified data are at the risk of being leaked with the current age of data access. Data-driven algorithms have made it easy to control drones from remote areas. Data governance is the need of the hour, in order to regulate the access to different data, and control the extent to which data can be shared. Regulations for data visibility is important as it allows accountability and legitimizes and government laws introduced. Read more at: https://www.theguardian.com/science/political-science/2017/dec/15/data-will-change-the-world-and-we-must-get-its-governance-right

 

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Chatbot Effectiveness and Efficiency

Chatbots are proving to be far more effective than people had thought of. They are acting as a personal assistant without any additional needs. They are completely virtual so they don’t need any physical space. They are great tool for gathering and processing feedback from customers and other parties involved. They even provide latest news, and reminders set by the user. They are very user friendly. In process automation, chatbots play a big role. Along with a feedback system, they even act as a research system, providing data on what customers require. Chatbots are easy to create and establish. Read more at: https://www.entrepreneur.com/article/303554

 

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