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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

Teradata launches Query Grid, one workflow for big,little data

Teradata launched a technology called QueryGrid. It aims to extract analytical data from multiple systems storing, both big and little data. QueryGrid can bridge the division between data warehouses and big data. To know the model of QueryGrid, follow the article by Larry Dignan, Editor in Chief of ZDNet and SmartPlanet. - See more at:

http://www.zdnet.com/teradata-launches-querygrid-one-workflow-for-big-little-data-7000028044/

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The challenges for project managers to overcome when going Agile

How good is methodology when it comes to innovation? One key reason for going Agile is that it enables people to be creative and come up with ideas. With Agile, people are given freedom - but they need to understand what to do with it, as well as what they are expected to produce with it. There are certain challenges that makes Agile difficult to implement in the beginning but it will bring productivity in the long run. To know more about the challenges met, follow the article by Rebecca Leitch, writer in ESI International.

http://www.esi-intl.co.uk/blogs/pmoperspectives/index.php/2014/04/the-challenges-for-project-managers-to-overcome-when-going-agile/

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Big data, 4G, and life-saving sensors: GM's vision of the smart car future

Want to know more about future car! The car of the future is going to drive itself, brake itself, park itself and it will be a part of a worldwide communication system which will be based on 4G. It will gather and communicate data. It will be more like a Facebook-style personalized experience to drivers. Gil Golan, director of GM's Advanced Technical Center (ATC) in Israel, has also come up with a prototype of the future car. GM is aggressively pursuing the smart car market. To know more details on General Motor's future vision, go through the article by David Shamah, writer about Israeli technology.

http://www.zdnet.com/big-data-4g-and-life-saving-sensors-gms-vision-of-the-smart-car-future-7000023029/

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Lies, damned lies and big data: How firms get analytics wrong – and how to get it right

"This is the dirty secret of the analytics world - that there are so many errors" - Velamakanni, CEO, Fractal Analytics. Company politics, bad data and inefficient analysis are affecting many organizations, leading to some wrong conclusions. To know more about this aspect, follow the article by Toby Wolpe, senior reporter at ZDNet in London:

http://www.zdnet.com/lies-damned-lies-and-big-data-how-firms-get-analytics-wrong-and-how-to-get-it-right-7000023476/

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Hortonworks announces Data Platform 2.1

Horton Networks is giving an effort to fit Hive to work with the component that frees Hadoop from the tyranny of batch processing in order to bring Hadoop more into enterprise mainstream. With the release of Horton Networks Data platform 2.1, the company has completed that Hive interactive query capability, known as Stinger Phase 3 - and is simultaneously releasing it for both the Windows and Linux platforms. To know more about this big release, follow the article by Andrew J. Brust, a developer, consultant and entrepreneur in the software industry:

http://www.zdnet.com/hortonworks-announces-data-platform-2-1-7000027949/

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Red Hat and Hortonworks unveil Hadoop big data collaboration

The two open-source software companies, Red Hat and Horton Networks are aiming at speeding up enterprise big data Apache Hadoop projects. The two firms unveiled the beta of Hortonworks Data Platform (HDP) combined with Red Hat Storage, which is designed to give companies a unified storage pool for all Hadoop workloads. They also announced the integration of HDP with Red Hat JBoss Data Visualization, enabling Hadoop to work with existing data sources including warehouses, SQL and NoSQL databases, on premise and cloud apps and flat and XML files. To know more on this aspect, go through the article by Toby Wolpe, senior reporter at ZDNet:

http://www.zdnet.com/red-hat-and-hortonworks-unveil-hadoop-big-data-collaboration-7000026154/

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The public cloud market – where is it heading?

Hyper growth - this term is on its way to become attached with the 'Public Cloud' market.

As per the report of Forrester Research, the global public cloud market is expected to rise to $191 billion by 2020 as compared to 2013 which stood at $58 billion. The reason behind this growth is the shift from on premise technology to cloud which has proved to be cost effective. Nowadays cloud technology is considered as a replacement of the existing systems. Forrester’s report also predicts that by 2020, the global public cloud platform service will soar to $44 billion, the cloud business service will hit $14 billion and the cloud applications which will be Software – as – a – Service or SaaS, will hit $131 billion. The cause of this whopping valuation is attributable to the fact that more and more CIOs and their technology management organizations are taking initiative for this change.

So, what’s the future of public cloud market? Read at http://www.computerworld.com/s/article/9247883/Public_cloud_market_ready_for_hypergrowth_period_ for more details. 

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Social media: optimizing business profiles

An article by Tom Treanor, founder of Right Mix Marketing, conveys that it is important to maintain a balance between all social media accounts to know the strengths of each social networking site which can give your business organization an interesting mix and help you to reach your target audience. Everybody knows about the popular social networks such as Facebook, Twitter and LinkedIn but there are plenty of others which are slightly less famous but can form an essential ingredient in social media strategy. Thus, from your Facebook page people should be able to go to your Instagram account or your Pinterest page and so on. He also mentioned that one of the biggest strengths of Google plus is that it gives you opportunities to link up with all your other social profiles. It also becomes important for your website to have all your social media profile buttons displayed prominently. Your social media profile has to be driven by the right kind of images and videos. Thus, leveraging the right kind of social media tools can indeed become a huge productivity enhancer for your business organization.

 

To know more follow http://www.business2community.com/social-media/businesses-can-optimize-social-media-profiles-0844522#!EjbHw

 

 

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Unified communications: driven by customers

Customer contact centers fulfil different functions according to the organization they serve and the industry that they function in. Regardless of their objectives, the focus should be on the customer - meeting expectations, enhancing service levels and improving satisfaction. Contact centers are finding it necessary to add more communication channels to their platforms in order to get in touch as easily as possible. Customer satisfaction and performance levels remain among the most important tenets of any call center and the market is changing to address customer communication needs. Technologies like unified communications will be playing a greater role in going forward.

 

 

 To know more about this aspect, read the article by Mike England, content director of Imago Techmedia, follow http://www.callcentrehelper.com/customers-driving-unified-communications-55759.htm

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Business value of SaaS

Software as a Service and cloud computing service providers are targeting school administrators. The objective is to demonstrate to the students the virtues of the vendors' hardware products and software solutions to gain their allegiance later in the business world. So, smart SaaS companies can capitalize on the data they collect to provide benchmarks and KPIs that offer greater value to their customers.

 

To know more about this aspect, read the article by Jeff Kaplan, managing director of THINKstrategies and founder of the Cloud Computing Showplace, visit http://www.technewsworld.com/story/79979.html

 

 

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'Nearby Friends' location: a new feature added to Facebook

A new feature is built into Facebook's mobile app that allows you to see which of your friends are close by and even share your exact location with others. The new feature uses the geo location technology in your smart phone to determine when you are close to one of your Facebook friends. When activated, the feature will send periodic notifications to friends who are nearby. Users who did not activate Nearby Friends won't be affected in any way, and will not share with or receive any location information from others on the platform.

 

To know more about the use of this new feature visit the article by Kurt Wagner, Social media reporter for Mashable, http://mashable.com/2014/04/17/facebook-nearby-friends/

 

 

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Social media: enhancing beauty brands

An article by Jaylee Miguel, Lead Community Manager for social media management agency Emoderation, conveys that the beauty industry is often overlooked when we think about the ways how social media has grown and how brands have adapted. Just like beauty counters at a department store, social media can be a great place for consumers to interact with beauty brands. Brands are now investing more money in digital-led campaigns not only to improve their social media presence but also to achieve a higher ROI in areas that TV failed to deliver.  It is essential for brands to understand their strategy, through the line campaign that works in conjunction with its advertising and marketing by using social media as a platform to push content.

 

 

To know more visit http://socialmediatoday.com/jaylee-miguel/2354996/beauty-brands-and-social-media

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Big Data: that helps to make bonding with your customers

Building a strong relationship with your customers is very important for your company to prosper because then only they will return to you and buy products or services from you time and again.

Earlier, what used to happen is that customers went to favorite retailer and the product they needed was made readily available in front of them – this happened because the retailer knew what type of product they wanted. Now there is a shift. People are going to supermarkets or even they are buying products online. Unlike the old days, where the retailer chatted with customers to know their likings, they do not chat with the owner – be it supermarkets or online shops. So, how, you as a shop owner or a retail owner must try to maintain strong relationship with your customers in order to attract them and make repeated purchases?

Thanks to Big Data, you can now again personalize your relationship with consumers and build strong bonding with them so that your customers buy more and more. But what are the ways to do so? Read them here: http://venturebeat.com/2014/04/21/5-ways-big-data-is-helping-companies-help-their-customers/.

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Big Data – that helps to educate students

When we talk about Big Data and the stuffs alike, we normally think of how it helps in running any business. But, hold on a second. Here, we will talk about something fundamental related to our society.

In order to drive a country economically forward, we need talented people, no matter whether the country is a developed country or a developing country. You know that talented people cannot be formed just like anything. For this, you have to invest in education and training. To end poverty, bridge the gap of economic inequality and rise on the economic ladder, we must find better ways to teach that are cheaper and can be applied on a vast scale – because, we are talking about a country. It is of no doubt that binding technology with education has proved fruitful tremendously; and now, with techniques of analyzing Big Data known to us, we can leverage the power of it for betterment of education. With the help of Big Data, teachers and companies can get several information about students’ learning patterns and depending on that, schools can design personalized instructions in a more sophisticated way.

Big Data technologies can even be used in strengthening a country’s national educational system. In fact, The World Bank Group in association with its private sector lending arm International Finance Corporation (IFC) are presently working on this to support national educational systems. They recently launched an initiative named Systems Approach for Better Education Results (SABER), which collects and shares comparative data on educational policies and institutions from countries around the world. In private sector, Big Data can create favorable impact by collecting information about interactions between teachers and students and between students and learning systems. Spreading the light of education can become much easy with increasing a country’s literacy rate and educating poor students.

Read more at http://businessdayonline.com/2014/04/big-data-for-poor-students/#.U1SHFPmSxqI on how the power of Big Data and adaptive technologies can be utilized in fortifying education.

 

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Prevent loss of your big data now!

No matter, how modernized your IT systems are, but data loss is a major problem. And what will happen if you lose your big data?

More companies are keeping on using big data analytics to analyze real time data – and it has gone to such an extent that now, it is most important to your company. To prevent loss of your big data and to ensure that you are not ruined, it is vital that you should have a proper disaster recovery plan of Big Data. Unlike your conventional data, you cannot apply prevalent data recovery practices. You have to keep in mind that you are dealing with big data and so, you need to formulate your plans properly.

Mary Shacklett, president of technology research and market development firm Transworld Data, takes you through some guidelines. Read them at http://www.techrepublic.com/article/stop-procrastinating-formulate-a-big-data-disaster-recovery-plan-today/# .

 

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Hybrid Cloud: its importance and why it can be your good choice

It is of no doubt that switching to cloud platform will benefit you; but, have you ever thought which cloud platform will you use? Now, you may be wondering what the various cloud platforms are. Let's know it.

Cloud platforms can be private, public, managed or hybrid. The first two types are self-explanatory. While private cloud refers to an infrastructure operated and run for the benefit of your company only, in public cloud, this infrastructure is available for public use and can be accessible over the internet. On the other hand, managed cloud platform gives you services that are offered to manage and maintain the underlying technology to run cloud services.

So, what is hybrid cloud? You may have guessed it right – it’s the combination of two or more cloud services. Hybrid cloud has an edge over types of cloud services. If you opt for private, then it may prove costly to you, on the other hand, if you choose public, then although you will get the cost advantage, but a security concern will lie over you. However, if you go for hybrid, then they remain unique and in addition to that, you can access extra resources on an as – needed basis. So, for example, when you use hybrid cloud, you may use your private cloud application to store confidential data and for billing and ERP, you may use your public cloud application which is cost effective. The other main advantage of hybrid cloud is that, you have the option to switch to public cloud resources temporarily, if at any time your own capacity is exceeded.

Thinking of switching to hybrid cloud? Read more at http://cloudtweaks.com/2014/04/importance-hybrid-matters/ to get an idea about what is the importance of hybrid cloud and why it will matter to you. 

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Homeland Defense advisory firm taps into demand for Market Intelligence

An article by Sandra Erwin, editor of National Defense Magazine, talks about how Homeland Security Solutions is facing changes in their business and how market intelligence is helping them to overcome such changes.

To read more about this topic, visit the following link: http://www.nationaldefensemagazine.org/blog/Lists/Posts/Post.aspx?ID=1484

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Workday: Growth continues with ERP as the SaaS application market is booming

Nowadays software industry around the world is focused on the cloud. Workday Inc. is a human capital management and financial management software firm that joined the cloud bandwagon recently. HCM which falls in the domain of ERP solutions is becoming more and more acceptable ever since ERP solutions are available over cloud. The global SaaS-based ERP software market will grow at CAGR of 14.21% from 2011 to 2105. The major factor for this ERP growth as SaaS model is due to the lower cost of ownership.

Read more about this aspect, visit the following link: http://www.gurufocus.com/news/255442/workday-growth-continues-with-erp-as-the-saas-application-market-is-booming 

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Nitin Sinha
Hi Maitree - i want to undergo a handson training in workday , Can you suggest a vendor in kolkata
Thursday, 17 July 2014 12:15
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Cloud – a powerful tool to your business

Whether you are a startup, entrepreneur, SME or a large business enterprise, cloud technology is the thing that should come to you handy. Unlike the past, where a newbie in a business has to think twice over investing in costly equipment, cloud has made the job easy. With scalability, ubiquity and user centricity, it is the cloud that should be on your agenda in setting or developing up your business, irrespective of size.

With cloud, you can have access to technological advancements at a cheaper cost enabling you to compete with your rivals. With cloud technology in your hands, it can even happen that you are defeating your rivals!

Read more at: http://www.theguardian.com/media-network/media-network-blog/2014/apr/15/cloud-computing-large-businesses-benefit.

 

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CIOs – the drivers of digital innovation

As disruptive technologies are taking place often, CIOs need to take a look at their roles and they need to rebrand themselves as drivers of digital innovation. According to a survey done by consultancy firm EY (known formerly as Ernst and Young) titled 'Born to be digital: How leading CIOs are preparing for a digital transformation', social media, cloud, data analytics and mobile are acting as disruptive forces for businesses across all industries - whether it's a retailer or an automobile manufacturer. The way social network, cloud, data analytics and mobile have evolved; companies need to think alternate approaches to interact with their customers. Not only this, the change has helped the businesses to search for new opportunities to expand.

All these have redefined the roles and responsibilities of the CIOs. To take their organization forward, they have to become key drivers of digital innovation and can handle the technological transformations the businesses are undergoing.

Read more about how the leading CIOs are preparing for the technological changes that will guide you through the path here: http://www.ey.com/Publication/vwLUAssets/EY_CIO_-_Born_to_be_digital/%24FILE/EY-CIOs-Born-to-be-digital.pdf.

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