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

Tech-Powered Cancer Screening Made Possible by AI

Let’s all think of a time when skin cancers can be detected to the earliest possible thus increasing the chances of surviving this catastrophic disease by 99 percent. Will this not mean a world of difference for patients diagnosed with skin cancer? Yes it will surely do when the early detection is accompanied with reaping off the various resource and time constraints that keep people from heading to the doctors early. This is exactly why two developers, Peter Ma, an independent developer and part of the Intel Software Innovator Program, along with co-founder Mike Borozdin had screened their own hands to create a free, artificial intelligence-powered screening program completely online. They developed an AI solution which has the same level of intelligence as that of a dermatologist and the power to determine and classify skin cancer types. The technology used is known as Doctor Hazel and uses deep-learning neural networks, pulling 8000 variables simultaneously to screen and classify skin cancer with 80 percent accuracy. It is now possible for anyone to go online and upload a picture of a concerning mole and obtain results within seconds. Thanks to the use of Intel’s Movidius Neural Compute Stick, an edge device that is able to classify cancer images in real time and offline, the AI solution has a wider applicability in places where internet access is scarce. This will in future empower the healthcare capabilities to improve quality of care for the patients as well as reduce time for physicians.

Read more at: https://healthtechmagazine.net/article/2018/07/ai-makes-free-tech-powered-cancer-screening-possible

 

Rate this blog entry:
407 Hits
0 Comments

Few Softwares to Simplify GST

The herculean task of shifting to the new digital regime of taxation is making the country abuzz with the over explosion of information. This has mostly bewildered the entrepreneurs and SMEs as to how to make a business compliant to GST. Few GST compliant software solutions that can be used by a GST-ready entrepreneur are listed below.

·         CLEAR GST SOLUTION BY CLEARTAX- Priced at Rs. 10,000, the first cost effective well built cloud GST solution software released by Cleartax solutions is Clear GST. However it has few weaknesses including the need for separate accounting software for financial statements, is useful for small businesses only, no availability of offline backup and so on.

·         TALLY ERP 9 BY TALLY SOLUTIONS- Priced from Rs. 18000 to Rs. 54000(GST feature free if already having a license), Tally ERP 9 will be easier and more delightful to use than others with the only weakness of having no basic accounting system of debit and credit.

·         GEN-GST BY SAG INFOTECH- Priced at Rs. 2500, this software is different from others in the sense that it is available on all platforms like desktop, cloud, SAAS and so on. Some of its weaknesses involve its application to small businesses and need for separate accounting software for financial statements.

·         PWC INDIA- A GST solution with end-to-end automation aimed at helping companies to become GST compliant has been recently launched by PWC, the company which targets big business corporations instead of people.

Read more at: https://www.entrepreneur.com/article/297307

 

Rate this blog entry:
442 Hits
0 Comments

Boeing’s Hypersonic Vision

Boeing’s hypersonic passenger plane concept unveiled at the 2018 Aviation and Aeronautics Forum hosted by the American Institute of Aeronautics and Astronautics on June 26, looks like something out of science fiction. The hypersonic aircraft is one of such vehicles which could have both military and commercial applications. It looks sleek and futuristic having the capability of traveling at speeds of Mach 5 and beyond. Built upon a foundation of six decades of work designing, developing and flying experimental hypersonic vehicles, Boeing is truly unveiling the potentiality of hypersonic technology that connects the world faster than ever before. While Boeing is setting its sight for hypersonic passenger travel, NASA is working on its latest project of building a quiet supersonic plane named X-59 QueSST experimental aircraft. This project aims to minimize the disruptive sonic booms that have prevented commercial supersonic flights over land in the past.

Read more at: https://www.livescience.com/62963-boeing-hypersonic-plane.html

 

Rate this blog entry:
335 Hits
0 Comments

Hybrid Cloud Model and its Applicability in Healthcare Organizations

Adopting a hybrid cloud model, a cloud computing environment using a mix of private cloud, third party public cloud services and on premises, has significant benefits if used in healthcare organizations. It not only allows them to take advantages of existing IT services and quick scaling out new resources but also ties various systems together for a seamless end-user experience. Moreover the journey towards the cloud does not need a complete infrastructural haul. However when considering a transition to a hybrid cloud model, the IT decision-makers should think through several considerations including leader requirements for shifts in culture, licensing, processes, system and host of other issues. Few tips for any healthcare organization to smoothen the path towards a hybrid cloud model are listed as follows:

·         Assessing and evaluating the cost-saving structure specific to the healthcare organization.

·         Identifying with the effects of cloud control and its management.

·         Preparing beforehand for impacts on the Service-Level Agreements.

·         Maintaining Software Licensing Compliance.

·         Proper Skills Developing to Support the New IT Environment.

·         Preparing Healthcare Staffs for Cultural Shifts.

Read more at: https://healthtechmagazine.net/article/2018/07/6-tips-smooth-your-move-hybrid-healthcare-cloud

 

Rate this blog entry:
625 Hits
0 Comments

Harnessing Nuclear Fusion Power by 2030

What is it that keeps our sun and other stars burning? It is the nuclear energy caused by nuclear fusion of hydrogen into the heavier element helium. The proponents of such nuclear fusion say that the energy has the capacity to make other types of electricity generation obsolete. It can lighten more than 700,000 average American homes by producing large amounts of electricity from relatively small amounts of the heavy hydrogen isotopes deuterium and tritium, which are relatively abundant in ordinary seawater. A UK-based nuclear fusion company, Tokamak Energy has heated for the first time a plasma of hydrogen to 27 million degrees Fahrenheit (15 million degrees Celsius) in a new reactor -hotter than the core of the sun. This test will create a milestone possibly by 2030 by producing commercial electricity from fusion power. The company also announced the creation of the superhot plasma inside its experimental ST40 fusion reactor which contains the fusion reaction inside powerful magnetic fields, in early June. The test has been a success so far which means the reactor will now be prepared next year for a test of even hotter plasma, of more than 180 million degrees.

Read more at: https://www.livescience.com/62929-plasma-fusion-reactor-tokamak.html

 

Rate this blog entry:
497 Hits
0 Comments

Big Data: A goldmine for automotive industry

As per the reports by SNS Telecom & IT, Big Data investment will cross $3.3 Billion by the end of 2018. Real time and historic data is rapidly gaining attraction towards diverse range and various sectors. There are many key findings in the report generated by SNS which ensures the widening scope of Big Data. 

For detailed information, visit:

https://www.analyticsinsight.net/big-data-3-3-billion-opportunity-automotive-industry-says-sns-telecom/

 

Rate this blog entry:
168 Hits
0 Comments

How AI is a blessing to all the organization?

We are aware of the spells by AI in changing the appearance of business process both online as well as offline. AI has replaced many human functions in the industry through automated systems in field of communication and answering phone calls, emails etc. Technology giants such as Microsoft, Google, Amazon are investing their more power, time and money in strengthening their AI sector. So how AI is helping these organizations?

   Want to know, visit: 

https://www.analyticsinsight.net/why-artificial-intelligence-is-a-goldmine-to-an-organisation/

 

Rate this blog entry:
312 Hits
0 Comments

How deep learning is a benefaction for police?

Investigation is crucial part for police because it only helps to catch the real criminal. But after collecting all the evidences and information, the case becomes more difficult to figure out as each information tells a different story. Nowadays when technology is on the peak of its uses, deep learning is giving its contribution by helping police through video footage analysis. Videos gathered from different number of sources are analyzed by a smart software which implements algorithms of deep learning for detection. Want to know, how it works? Visit: 

https://www.analyticsinsight.net/deep-learning-is-a-blessing-to-police-for-investigations/

 

 

Rate this blog entry:
194 Hits
0 Comments

How humanoid robots are prepared to match the capabilities of biological human?

The replicas of human behavior, emotions and expressions are resulted as humanoid robots. Technologies and science drop a bombshell together by making the humanoid robots which leaves humans amazed. Organizations are spending on different technologies to create a perfect robot which is capable to survive in between humans and can work. Here are some closer achieving robots to the target of matching the human capabilities. 

1. Sophia

2. Junku Chihira

3. Erica

4. Geminoid DC

5. Nadine

6. Jia Jia

For detailed information about these robots visit:

https://www.analyticsinsight.net/the-coolest-humanoid-robots-you-have-to-see-to-believe/

 

 

Rate this blog entry:
171 Hits
0 Comments

Exposing the capabilities of AI, IoT and Blockchain

AI is in the way of setting its roots in every company. AI got its mass recognition and acceptance when different startups initiated its deployment in their businesses. Different sensors, reliable networks and intelligent analytics have enhanced IoT in a fantastic manner. Recently, Government of India announced a 13-digit mobile number that power IoT to GSM. And the ministry of electronics and IT are going to implement more such functional devices. Blockchains are somehow associated with cryptocurrency and that’s the reason companies are using a it for fraud control and patent tracking.  But, financial services along with banks and insurers are trying with blockchain technology to develop a useful common customer repository. 

For more details go to:

https://www.analyticsinsight.net/demystifying-the-power-of-ai-iot-blockchain/

 

Rate this blog entry:
265 Hits
0 Comments

Real time challenges that needs to be overcome while implementing big data

It’s a difficult approach when it comes to the adoption of analytics facing real time challenges. It’s tough to analyze big data and assemble it in a single row. There are times when the minutes and seconds count are very crucial and no delays can be accepted. With the demand of more precision and accuracy we just cannot avoid the risk presence while accessing the data. But real time analytics demand much of our efforts and hard work to overcome the challenges and get that precision.  

For more details, visit: 

https://www.analyticsinsight.net/planning-to-embrace-big-data-here-are-real-time-challenges-you-might-face/

 

 

Rate this blog entry:
432 Hits
0 Comments

Expanding the scope of data access across the organization

We are aware of stepping up standards of AI and its importance for data scientists. But, we cannot resist AI to limit its scope till technology only. With the advances, AI is setting its root in business organizations too. AI as a business tool comes up with many advantages to expand data access.

For more information, visit:

https://www.analyticsinsight.net/not-just-for-the-data-scientists-the-need-to-expand-data-access-across-the-organization/

 

 

Rate this blog entry:
423 Hits
0 Comments

WPA3 : A better WiFi protocol

Kevin Robinson, vice president of marketing for WiFi Allaince announced in the beginning of the year about the latest WiFi protocol i.e. WPA3. Now this protocol is finally out in the market in the latest products offering a new level of security – authentication and encryption- for both personal and enterprise. Although, WPA2 is still a mandatory protocol for the devices that connect over WiFi and WPA3 is optional for now. Some changes brought in WPA3 are simplified configuration, better authentication and increased cryptographic levels. Bruteforce dictionary attacks will now take even more time and the attacker will have to interact with the network every time making any unauthorised access even more difficult.

Read More at https://www.darkreading.com/operations/wpa3-brings-new-authentication-and-encryption-to-wi-fi/d/d-id/1332145

 

Rate this blog entry:
147 Hits
0 Comments

Being Smart with Embedded Analytics

Embedded Analytics helps in improving the revenue figures, user engagement and impart value to software applications by using the reporting and analytical capabilities in businesses. It helps businesses with precise decisions. Business operations coupled with embedded analytics allows for efficient process analysis and improving operations based on real-time situations. Predictive Analysis is the basis for operational decisions and embedded analytics used to make the results of predictive analytics is of the greatest value. People across an organization could use sophisticated analytics output which enables them to question the data. Putting the business intelligence platform inside the application architecture, embedded analytics guide users to choose where in the process the analytics is to be embedded. Integrated with CRM, ERP and financial systems, embedded analytics access core enterprise data and provide accurate information and further helps in reducing the cost. Lying at the roots of a radical revolution, analytics, or embedded analytics to be precise, would help companies accommodate the values to be provided to the end users.

Read More at: https://www.analyticsinsight.net/how-is-embedded-analytics-transforming-organizations-into-smart-enterprises/

 

Rate this blog entry:
164 Hits
0 Comments

Contribution of AI: The Augmented Reality Microscope (ARM)

Artificial Intelligence has spread to almost all major and minor sectors and has been growing exponentially over the past few years. With the medical breakthrough in 2017 of AI identifying arrhythmia, researchers have developed microscopes for real-time diagnosis of cancer in 2018. It involved remodelling a standard microscope with deep neural networks integrating augmented reality giving a tool what is termed as the Augmented Reality Microscope. In such a microscope, a neural network is integrated for detection of tumor once the biopsy is conducted. Here, the eyepiece plays the role of the eye, AR is the 3-D image captured (which is the Field of View) and the role of the brain is played by the network. The output of the network is in the form of a heatmap which depicts the probability of cancer at each pixel location. The ARM has to its name a number of benefits like low equipment cost, low latency and also keeps pace with semi-continuous movements of the slide thus improving the accuracy of quantitative tissue assessments. With this we are ARM-ed well to fight against the unfortunate and sometimes catastrophic disease called cancer.

Read More at: https://www.analyticsinsight.net/augmented-reality-microscope-to-detect-cancer-cells/

 

Rate this blog entry:
309 Hits
0 Comments

Asia gears up to be the global AI hub

AI has made it completely impeccable, from archaic development to cutting-edge technologies, reaching out to every niche possible, bearing the embryo of a heated competition between China and the US to revolutionize; the two major hubs having AI development in boon. Among the others following in this race include Singapore, Vietnam, Indonesia and Thailand. Vietnam has successfully implemented a crop intelligence system named Sero, that enables farmers to identify sick crops. Once enhanced further, Sero would assist in diagnosis and possible future treatments. An Indonesian telecom operator, Telkomsel, employed only chatbots to deal with clients and answer most of their queries. Sooner or later AI is digging deep roots in the industry although it takes some time for AI developers to present the desired results to the companies.

Read More at: https://www.analyticsinsight.net/asia-accelerates-growth-global-artificial-intelligence-industry/

 

Rate this blog entry:
209 Hits
0 Comments

Benefits of Big Data in Fintech Services

The ways in which financial enterprises operate today have changed fundamentally due to technological evolutions. Titanic amount of data gathered from individuals’ electronic devices can be analyzed and used by the Fintech sector to deliver reliable services to its clients. Big data have been offering numerous benefits to this industry in areas of fraud detection, customer segmentation, risk management etc. Big data helps financial enterprises understand the transaction pattern of clients and can inform them about suspicious transactions. Big data also partially, if not fully, rules out the potential threats from bad investments and bad payers. Fintech companies aim at creating personalized financial services and big data assists in doing so by meeting the specific demands of the final customers. Big data also leads to better compliance capabilities ultimately translating into better services for both B2C and B2B consumers.

Read More at: https://www.smartdatacollective.com/fintech-big-data-play-role-financial-evolution/

 

Rate this blog entry:
334 Hits
0 Comments

Predictive Analytics in Call Centre

Call centres have started to explore new avenues using predictive analytics which improves their overall effectiveness and streamlines their operations. Traits that best prepare a person as a call centre representative are not clearly evident to officials but predictive analytics has made it possible to identify such traits. Call centres are merging CRM data into predictive analytics models as CRM has played a vital role in most organizations. The approaches used include analyzing variables contributing to customer discontent, building an automated system to transfer calls to representatives with varied expertise etc. Predictive analytics have been transforming industries and benefitting the aging ones by bolstering customer satisfaction and reducing churn rates.

Read More at: https://www.smartdatacollective.com/call-center-analytics-move-industry-21st-century/

 

Rate this blog entry:
983 Hits
0 Comments

Artificial Intelligence in Religion

With machine learning making a huge leap of progress, it is being debated whether Artificial Intelligence and religion are compatible or not. Humans have been worshipping non-human entities from time immemorial and man-made robots would be superior to their creators. Religious modules have been entwined with technology to bear daily prayer apps and robot priest as the fruits. For example, the human robot named Peppa, an invention of Japan, could perform funeral entailing a cheaper cost than a human priest. Research at Faraday Institute of Science and Technology reported a strong correlation to exist between technology and religion which basically involved three stages-rejection, adoption and adaption. Down the lane, technology would become a ubiquitous part of all religion.  With a more objective analysis, AI provides a consolidated nutshell of all religious dialects.

Read More at: https://www.analyticsinsight.net/are-artificial-intelligence-and-religion-compatible/

 

Rate this blog entry:
199 Hits
0 Comments

Expanding the scope of data access across the organization

We are aware of stepping up standards of AI and its importance for data scientists. But, we cannot resist AI to limit its scope till technology only. With the advances, AI is setting its root in business organizations too. AI as a business tool comes up with many advantages to expand data access.

For more information, visit:

https://www.analyticsinsight.net/not-just-for-the-data-scientists-the-need-to-expand-data-access-across-the-organization/

 

Rate this blog entry:
256 Hits
0 Comments
Sign up for our newsletter

Follow us