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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

Supercomputers unleash Big Data's potential.

Manufacturers, logistics companies, pharmaceutical companies and other energy companies have been using supercomputers to push the limits of research and discovery and answer questions that were not possible using other means. Companies are using cloud to solve problems which were once solved by supercomputers. Cloud computing has encircled high performance computing or HPC and supercomputers along with cloud solutions continue to advance. Companies in the auto industry, airlines, energy are willing to work with supercomputers to solve their big questions. Along with wide range of hardware, optimised software’s run efficiently on supercomputers. Such computing also helps companies to improve their state of art. The six different reasons which encourage companies to use supercomputers are that they have amazing computational capacity, the datasets fit properly into the memory, the interconnect is analytical, advanced modelling power, expansion, and speeds discovery.

Read more at: http://www.informationweek.com/it-life/supercomputers-unleash-big-datas-power/d/d-id/1321013

 

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Cloud, Networks and Big Data

As the Internet evolves with the usage of Big Data and Cloud, the shift from cloud data to cloud action is eminent. This shift has large implications for consumers. In five years’ time, the number of connected devices will grow to near 25 billion. From regulating the temperature of the house using smart thermostats to using reports and dashboards for a clearer insight to make smarter decisions. There is a need of a system which we can entrust our identity with, where our identity is safe while making transactions in the background. For this, companies of types must begin to bridge the gap between the physical and digital worlds. Only then can we begin usage of the delicate frameworks in a network based on our truly unique digital identity. Read more at: http://recode.net/2015/06/29/big-data-vs-best-data-the-future-of-you-in-a-networked-world/

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Progress Of Big Data In 2015

Big data developments in 2015 show significant change in terms of data storing as well as data analyzing techniques. Measuring data agility is becoming more and more popular, as opposed to the conventional system of storage and management of data resources. The investment and scope of big data projects will be directly related to the impact and of an organization's response to changing trends among consumers, markets and competition. Another big trend organizations will focus on in 2015 is usage of data lakes. Using data lakes, Hadoop and BI systems and cloud computing, real time data analysis and decision making is expected to be fast. So the dynamic change in technology will bring revolution in terms of business decision making. Read more at: http://channels.theinnovationenterprise.com/articles/advancements-in-big-data-in-2015 

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Machine Learning : A New Insight

Yes, a $10 supercomputer swept Wall Street away. Braxton McKee, math and computer whiz, is tapping into the cloud to fetch all that market data inexpensively and built a software that employs Machine Learning algorithms to understand this data. Thanks to Cloud Computing and Big Data analytics getting cheaper, many startups and businesses can now employ their functionalities to provide services that are efficient, fast and scalable. The large amounts of data is mostly unstructured data, such as corporate documents, transcripts and social media and with the rise of Cloud Computing, the process is finally cost effective. Entities have begun leveraging cloud power to help hedge funds and other financial players run complex, big-data computer models. Maybe Cloud based Big Data analytics is the future. Read more at: http://www.smh.com.au/business/markets/10-hedge-fund-supercomputer-sweeps-wall-street-with-power-from-the-cloud-20150521-gh68hx.html

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Hybrid Cloud: What and Why?

Cloud technology has developed a lot in the past few years. After years of improvement in this space, hybrid cloud is the latest innovation in this field. Businesses are now being recommended to use hybrid cloud computing models.

But before implementing them, businesses need answers to few questions like what is hybrid computing? How is it beneficial for them?

Vivek Vahie, Senior Director, Navisite India, has answered these questions in the simplest form in his article at betanews.com. According to him:

“Hybrid cloud is any combination of public and private computing combined with existing on-premise infrastructure which is tailored to fit each individual business’ needs.”

He has shared following points in answer to the why question:

  • More flexibility and control
  • Helps find the balance between their in-house IT infrastructure and public cloud services.
  • Potential cost savings
  • Scalability and agility

Though there are problems in implementing hybrid cloud models like compatibility and security issues, still, it offers a bundle of vast opportunities.

To know more, please visit the following link:

http://betanews.com/2015/05/22/why-businesses-should-embrace-the-hybrid-cloud/

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Cloud Computing: Enables Small Businesses to Fly High

Cloud computing has changed the way organizations work in this digital world. Whatever be the size of the companies, cloud computing is the key. This has now become the norm.

In context of small companies, its use has been even more beneficial. Many new organizations have also come into existence because of this. According to a research by Microsoft, “62% of companies using cloud services report significant benefits of IT productivity, and 45% of small businesses said they should adhere to cloud services this year.

Diogo Costa, in his article at tech.co, has stated the advantages of using cloud computing for small companies. They are:

  • Cost reduction
  • Increased data security
  • Possibility to work remotely

To understand them in detail, please visit the following link:

http://tech.co/small-companies-cloud-computing-2015-05

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SaaS, The New Revolution of Services

Software as a service (SaaS) is a software licensing and delivery system in which software is licensed on a subscription basis and is centrally hosted. The advantages of the SaaS model are that it is easier to manage and that all the users have the same version of the software because updates and patching is done automatically. It grants global accessibility, making remote working models easier, which reduces costs and improves performance. The SaaS industry is now maturing beyond simple, historical financial measures towards a sophisticated operational measure in the form of a new Customer Success Metrics and Predictive Analytics.
Some of the giants in the industry are Salesforce, LinkedIn and Workday and while their services vary, the most significant one remains their cloud computing applications and platforms. Read more at: http://zeendo.com/info/top-10-software-as-a-service-saas-companies/

 

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Improving Customer Satisfaction in Retail

According to James Heskett, Predictive analytics have the potential power to produce remarkable services and longer lives. Now, predictive analytics is also applied on humans. Recently, companies are sending information to target customers about products of their interest. With the advancements in big data and cloud computing, the accuracy of this science is improving now. Predictive analysis is also essential for organizations focusing on customer satisfaction in delivery time. Read More at:http://hbswk.hbs.edu/item/7527.html

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Cloud Computing Security Misconceptions

Cloud computing has become an essential element in the business setting. Still, there are a number of corporates, who stay away from it because lack of trust on cloud computing security. This has been caused by several myths and misconceptions.

Sue Poremba, Information Security Writer, in her article on Forbes, has tried to clear 7 misconceptions about security threats in cloud computing. They are:

  • Misconception #1: The public cloud is more easily breached.
  • Misconception #2: All cloud apps are created equal.
  • Misconception #3: You can rely on the cloud service provider to protect your business.
  • Misconception #4: The end user is powerless when it comes to securing the cloud.
  • Misconception #5: The corporate network provides protection even when using cloud apps.
  • Misconception #6: The real problems are the lack of security features, gotcha contracts, and no transparency.
  • Misconception #7:  have strong authentication mechanisms broadly implemented.

To know more, please visit the following link:

http://www.forbes.com/sites/sungardas/2015/05/12/7-common-misconceptions-about-security-threats-in-cloud-computing/

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Benefits of Using Cloud

Cloud computing is a type of computing that relies on sharing computing resources rather than having local servers or personal devices to handle applications. Cloud is powerful but many of us our in beginning stage. Here are some benefits of using clouds:
• It helps to your Manage Cash Flow
• As all new innovations are happening in Cloud so there are wider choices
• Automate and Drive Efficiencies
• Gain better insights into your business
• Cloud helps us to grow cost effectively
• With the cloud you can keep your IT equipment costs low, and minimize your hardware and software maintenance costs
Read more at: http://smallbiztrends.com/2015/04/reasons-to-move-to-the-cloud.html

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Cloud Technology And CRM

Gartner predicts that by 2025 up to 85 percent of all CRM systems will be in the cloud and CRM market is expected to grow by 14.8 percent annually through 2017. Cloud computing helps CRM software with better and faster data, ease of access, and is simple to deploy and use.  Mae Kowalke (journalist and communications professional) writes in her article link about some major changes in CRM systems. To know more, follow: http://it.toolbox.com/blogs/insidecrm/six-ways-that-crm-has-changed-since-the-cloud-66116

 

 

 

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Telecom Service Providers in 2015

Next-generation technologies adopted by telecom service providers has led to worldwide growth in the Operation Support Systems (OSS) and Business Support Systems (BSS) software market. According to a market study by TechNavio, this market is expected to grow at a CAGR of 17.85 percent from 2015 to 2019. In order to reduce operational expenses, telecom operators outsource most of their service functionality -- such as infrastructure, operations and management -- to vendors who can optimize their business. Also increased usage of cloud computing in OSS/BSS is also expected to push market growth. Read more at: http://www.socialmediatoday.com/content/how-telecom-service-providers-will-evolve-2015-0

 

 

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Shift in Marketing Focus to Smarter Customers

According to John Sculley (entrepreneur and the former CEO of Pepsi-Cola and Apple) a drastic change is taking place in marketing with the expansion of incredible new technologies like big data, cloud computing and numerous miniature sensors as well as mobile devices, making customers smarter. Nowadays customers value each other's opinion more than the producers'. With the beginning of a big-data marketing era, the prospects for entrepreneurs to disrupt and build companies have improved because technology costs have reduced. Read more at: http://www.entrepreneur.com/article/238363

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Evolution of the cloud

The first milestone in cloud computing history was marked by the arrival of Salesforce.com in 1999, which is the pioneer of the concept of delivering enterprise applications via a simple website. . The next development was Amazon Web Services in 2002, started providing a suite of cloud-based services including storage, computation and even human intelligence through the Amazon Mechanical Turk.In 2009, as Web 2.0 hit its stride, Google and others started to offer browser-based enterprise applications, though services such as Google Apps. According to Dan Germain, chief technology officer of Cobweb Solutions, “The most important contribution to cloud computing has been the emergence of "killer apps" from leading technology giants such as Microsoft and Google. When these companies deliver services in a way that is reliable and easy to consume, the knock-on effect to the industry as a whole is a wider general acceptance of online services.” To know more about the history of cloud, go to: http://www.computerweekly.com/feature/A-history-of-cloud-computing

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Problems of Multiple Cloud Services

What are the problems faced when migrating multiple IT services to the cloud?  Inconsistent service attributes: Service attributes include security, reliability, availability, scalability, quality of service (QoS), support, and service level agreements (SLAs).  They determine how well a service will perform and how much time and energy will be required. Crosstalk: This can happen when multiple services compete for the same resource, such as bandwidth or network router processing power. Cloud services money pit: Each cloud service provider must charge a minimum monthly fee to cover its infrastructure costs which becomes excessive as the number of services and the number of providers increases. User friction frown: While single sign-on can alleviate a small portion of the redundant task "friction" caused by multiple IT services, keep in mind how much aggravation your users may experience. However moving to cloud computing can lower capital expenses, lower onsite management and upgrade costs, global service consistency, virtually unlimited scalability, and better support for remote and mobile workforces. Read more at :

http://www.informationweek.in/informationweek/news-analysis/297554/headaches-multiple-cloud-services

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Changing Roles: Cloud Computing

There is a blending of the system administrator and network administrator roles as a result of emergence of cloud computing and software defined infrastructures. Historically, the demarcation of the two, happened at the RJ-45 socket on the NIC. Anything that involved the cable, switches, routers etc. was not the concern of the sysadmins. Likewise, if the light was blinking on the NIC, anything happening inside the box was not the problem of network admins. Now, sysadmins, particularly application administrators, must now be cognizant of network technologies and operations, network admins who want to keep networks in top shape must now have an awareness of what application traffic is flowing across the network and how to design and implement networks to support those needs. Thus the roles are merging and in the near future, they both can be together known as "cloud administrators". Read more at: http:

http://www.informationweek.in/informationweek/news-analysis/297170/rise-cloud-administrator

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Benefits of Cloud Computing

Cloud solutions can help businesses lower total costs and transition from a fixed cost structure to a variable one while freeing up critical IT resources for strategic initiatives and innovation. In case of Cloud applications cloud providers are responsible for the maintenance, operations, and bandwidth of the software and not the cloud customers. Finally, cloud applications are accessed through standard web browsers, providing scalability and agility to the customer. Unlike traditional on premise software applications, cloud applications are located and managed remotely and built with a single code-base customized to the company's needs. Some advantages of cloud computing are: Increased speed in responding to unforeseen events, Easy to get the latest updates, adoption is quick and simple, improved information security, deployment time decreases from years to months, lower risk with subscription based cost model. Increased strategic agility, short deployment times, lower risk and costs - the advantages of cloud computing are compelling. To know more, go to: http://blogs.sap.com/innovation/cloud-computing/6-benefits-of-cloud-computing-032893 

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Moving ahead of cloud computing – hello fog computing!

Cloud is the most scoring buzzword in technology and business spaces. Everyone is talking about the business benefits of cloud - benefits like cost, affordability, storage, etc. It is known to all of us.

Cloud has a flip side also. While there is no problem with data storage, but retrieving and uploading them is a problem. The problem is because of limited bandwidth. But, the way everything is now becoming connected – from jet engines in airplanes to mobile devices in your hands, we cannot reject data connectivity. It is not possible either – because predictive analytics has gained prominence where real time data serves as input and the analytics tools are located remotely. Third and fourth generation cellular networks are simply not fast enough to stream data to and fro. When there is a problem, there must be a solution to it. Experts are saying to stop concentrate on cloud and look at an alternative approach. Christened as ‘fog computing’ by Cisco, it has some edges over cloud computing. In cloud computing, where devices are distant and remote, in fog computing, it is just the reverse. Things are done near to the devices that are not so much powerful, but can make decisions.

So, the next time you go for cloud computing, give a thought over fog computing. Know more about it at: http://online.wsj.com/news/articles/SB10001424052702304908304579566662320279406?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304908304579566662320279406 .

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Saving the dry, lifeless soul of enterprise software

Nowadays large suppliers are improving their products while making them easier to implement and simpler for users to adopt. Cloud computing has totally changed the enterprise environment. To know more on the transition of enterprise software, go through the article by Michael Krigsman, analyst, strategy advisor, enterprise advocate.

http://www.zdnet.com/saving-the-dry-lifeless-soul-of-enterprise-software-7000026198/

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Continued growth for cloud computing

In an infographic by cloudtweaks.com (a web based cloud magazine), we come to know about the level of growth that cloud computing is expected to achieve in next few years. Public cloud IT services are said to achieve a $100 billion by the year 2016.This infographic also shows us the segment wise growth rate in cloud computing. We also get to know about the predicted market share of different forms of cloud computing till the year 2016/2017 from this infographic.

For more information please visit:-

http://cloudtweaks.com/2013/09/cloud-computing-growth/
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