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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

ERP moving to cloud

The ERP giants like SAP and Oracle have their roots in the garden for a really long time that it will take at least two years for any new competitor to give them a dent. Also, let’s not forget that the technology is flying at a rapid rate, so two years is really long time for a technology to go outdated. Recently, it has been noticed that these giants are trying to move their on-premises systems to cloud based systems. This is not an easy task to move tons of data without much affecting the pricing and retaining the customers. 

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What helps in cloud management?

Cloud services have grown to become an evident part in providing online services and data storage over the past few years. But there are still some strategies that would define or make a better cloud service.

The very first could be the co-located cloud service which would prove a higher speed of access Another important aspect would be easily cost figuring with better management and storage computation and services. Usage of hyper converged infrastructure (HCI) solutions offer pre-integrated compute, storage and networking resources to the private cloud.  And lastly getting the old apps by lift-and-shift method could provide an advantage to the company, although that would be in exchange of a good amount of migration cost. Read more at: http://www.cio.com/article/3137946/cloud-computing/6-trends-that-will-shape-cloud-computing-in-2017.html

 

 

 

 

 

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New predictive modelling techniques

Nowadays, we hear about data science technologies like machine learning and data modelling. But, now new cloud services for machine learning is gaining importance and more do-it-yourself (DIY) tools will emerge for sectors like financial services, healthcare or retail, predictive sales or marketing. Read more at: http://www.business2community.com/b2b-marketing/diy-predictive-modeling-pitfalls-opportunities-01527315#PHERr4OuiDd4QyeJ.97

 

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The Future of Cloud Services: Flexible Pricing and Billing

Cloud Services is one of the fastest growing market segments. Be it SaaS, PaaS or IaaS, cloud solutions are offering a lucrative opportunity for growth and innovation. But, is innovation, just in the cloud service enough for customer satisfaction and retention? The answer to this question is NO. For, consistent growth, innovation in other aspects of the cloud business is also required. One of these aspects is the billing and pricing model.

Currently, many pricing models are there in existence, such as, Freemium, flat rate, subscriptions, perpetual , multi-tier packages based on functionality, per user per click and CPU power / storage used etc. And the billing models are in the form of monthly, quarterly, annual, pay as you go and pay for what you use models.

But, what these models lack is flexibility, especially in SaaS segment. This is because cloud vendors do not want to change their cash flow models from a big full pie at a time to pieces of the pie in installments i.e. by taking customer payments from fully up front license bills to smaller usage bills split down to monthly fees. Also, in flexible cloud billing and delivery, there are a lot of complexities involved like in telecom billing.

There is a need for innovation in this segment as this is what the customers desire. This need has been identified and successfully catered to by Kahootz, a British cloud collaboration vendor. More such initiatives, leading to greater transparency and comparability will be the future of cloud pricing and billing in years to come.

To know more, please read the following article by Ian Moyse, Board Member, Eurocloud UK and Governance Board Member, Cloud Industry Forum (CIF), at business2community.com:

 

http://www.business2community.com/cloud-computing/cloud-promised-world-utility-billing-01221718

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Cloud wars: Google Vs. Amazon

The cloud services leader Amazon Web Services (AWS) has been challenged by the big daddy Google by announcing new storage partnerships with a number of companies for data backup (Veritas Technologies Corp./Symantec Corp.), on-premises appliances for data de-duplication (NetApp), encryption and compression (Iron Mountain Inc.), and offline disk storage and Disaster Recovery-as-a-Service (DRaaS) solutions (Geminare Inc.). Google offers an Online Cloud Import service that can be used to migrate petabyte-scale data from other online storage services to Google Cloud Storage, the company said in a white paper about Nearline Storage.Nearline will enable users to easily back up and store limitless amounts of data at a very low cost and access it at any time in a matter of seconds, which has been positioned against the Amazon Glacier storage service.

To know more, please visit the following link:

 

http://virtualizationreview.com/articles/2015/03/16/google-nearline-storage-challenges-aws.aspx

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Benefits of cloud-based management services

According to the Online Domain Maturity Report, it was highlighted that the online domain is one of the most important technological assets. Nowadays, all businesses are shifting to cloud technology as it improves business by providing accurate data and is easily accessible. Further by using cloud services, growing complexities of marketing can be more easily managed and supervised under one umbrella, i.e. in a centralized management service. Lisa Joy Rosner (CMO at Neustar), in her article writes about the benefits of cloud-based management services that marketing professionals should consider. Read more at: http://digitalmarketingmagazine.co.uk/articles/nine-benefits-of-using-cloud-based-services-in-digital-marketing/1375

 

 

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Cloud analytics is in demand

Recently, Tibco made an announcement to acquire Jaspersoft for some $185 million and D&B announced that it has acquired small analytics startup Indicee. This shows that companies in order to be more focused and remain valuable to customers, it is very important to provide more value through insights from big data. Please go through the link for more details: http://www.forbes.com/sites/benkepes/2014/04/30/suddenly-everyone-wants-to-be-in-cloud-analytics/

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Call center going the cloud way

In an article written by  Robert DeFrancesco ,a seasoned tech-stock analyst, we come to know about how call centers around the world are moving to cloud services.Cloud penetration among call centers is going to be around 13% in next two years.Call centers are looking to spend less by investing less in old legacy systems and making a successful transition to cloud.Another big reason for moving call center to cloud is the moving of actual CRM software to cloud.

For more information please visit:-

http://www.cmswire.com/cms/customer-experience/cloud-disruption-in-the-call-center-025349.php

 

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Tips for making cloud services successful in Europe

In an article written by Daniel Price, author at cloudtweaks.com,we come to know about different arguments in favour of making cloud services successful in Europe.Cloud computing is a key propeller of economic growth, productivity and job creation in Europe.Europe already trails North Amercia in comparison to adaptability to cloud services. Few of the main reason why cloud services are still lagging in Europe are cautious approach of europeans towards long-term service contracts, costly capital outlays and expensive software licensing fees. In this blog the author points out to basic few things that we have to do to enable cloud services get a better footing in Europe. 

For more information please visit:-

http://cloudtweaks.com/2014/05/whitepaper-friday-making-cloud-successful-europe/
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