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

Problems with Data Storage

With the advent of technology and analytics playing a major role,data storage has become of paramount importance.Just like every object in this universe occupies area,so does data. It just occupies space in the virtual paradigm. But there are problems with curating a data storage space. A well organized ,cost-effective long term data storage solution is what every company needs .High tech storage servers are required that absorb much of office space. It would mean spending on construction,on equipments and paying those who manage data. One can use cloud storage that takes advantage of other companies' infrastructure i.e. outsourcing data storage and maintaining responsibilities but this again would imply taking a risk with security. Storage space should be flexible so that it can be expanded in accordance with one's needs. Data should be accessible from different UIs and compatible with APIs.However, exposure to electromagnetic strips and waves may corrupt data.Data storage becomes futile,then. There are several problems with data storage that are yet be acknowledged and overcome.

Read more at: https://www.smartdatacollective.com/7-biggest-problems-data-storage-overcome/

 

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Big Data and Trends

A large number of tables with thousands of rows and columns. Data keeps flowing in from multiple live sources and is rapidly changing . This is what characterizes Big Data. Datasets are becoming vast and hence more complex for analysis. Without the correct tools,it would be difficult to use this data to draw insights. In this regard,three trends have come to the forefront- IoT,querying techniques and cloud computing.The advent of IoT has digitised everything. There are sensors and wires that chanel data which is then manipulated and analyzed to get results.Querying data i.e. extracting information from data is the first step before analysis and Cloud has come to play a major role in data storage. The three trends connected have paved a path for growth in technology.

Read more at: https://www.sisense.com/blog/waking-up-the-world-of-big-data/

 

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The cloud is really Growing up

Just 5 years back, people were debating over whether to accept cloud over in-premise systems, its cost, the billing systems of cloud etc. The topic “Should we use cloud” from that time has turned into “What else should be do on cloud”. Cloud has really grown and have got its roots really deep in the industry. Most of the industry is planning to find new ways to do the business which has cloud as a major part in their systems. 

Read More at https://www.informationweek.com/cloud/software-as-a-service/the-cloud-steps-into-maturity/d/d-id/1332394

 

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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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Advantages and Disadvantages of Big Data

Is big data serving these businesses or is it just obscuring the decision-making procedure? Collective with analytics, Big data has numerous applications and is cast-off to find responses to glitches in a variation of businesses, it can benefit them comprehend customer behavior and get the most out of business procedures. But like so numerous things that complete good in concept, it’s not precisely working out for numerous organizations. 36% say that it has caused data overload and has made procedure of decision making poorer. Combination of the info with classy analytics tools can benefit organizations to turn rare and formless data into planned insight to get ahead of the struggle.  Since more business operators need to be able to take this data and produce intellect around it, demand is increasing for analytics tools. Read more at: http://www.hadoop360.datasciencecentral.com/blog/is-big-data-harm-or-good

 

 

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Is your Business Cloud ready?

Many organizations have large amount of data, but don’t really know how to manage it all. You will decide to move all the data to the cloud, but, is your business ready for it? Do you move every single asset to the cloud? Once capital, infrastructure, technology, and operational aspects of the enterprise are under control they can start to think what needs to be optimized, how and what should be relocated to the cloud. It is critical to have a cloud strategy, make sure it is flexible due to the nature of growing and shrinking of data. Moving customer prone applications or internally developed applications to the cloud without careful evaluation can lead to loss in revenue. Applications can be ‘cloudified’ by using application-specific workloads such as CRM (Customer Relationship Management), ERP (Enterprise Resource Planning) etc. To decide which application, make sense in cloud, enterprise’s IT teams must balance performance, interoperability and compatibility. Having a Data Center Management (DCM) platform allows company to procure, deploy, monitor and measure IT assets through web browser. Read more at: https://www.computer.org/web/data-center-insider/content?g=55674596&type=blogpost&urlTitle=big-data-in-the-mist-are-you-cloud-ready-

 

 

 

 

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Changing Phase of Predictive Analysis

Predictive analysis is now coming to the mainstream. Companies are trying to recruit people with the knowledge of maths and economics together with the business. Evolution of analytics is changing its pace. Organizations are treating the data as their key assets and trying to analyze those to gain more from their business. Initially company didn't realize the importance of data analytics. But now it has become a common trend of trusting their data to the cloud as it seems more secure. Read more at: https://www.cio.com.au/article/620089/slow-evolution-predictive-data-analytics/?fp=16&fpid=1

 

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Benefits of technology in education

Web technology has greatly impacted education. Following are the ways in which technology can benefit the students. One of the most effective tools students can use to communicate is an infographic which helps to present dense information through graphics. Students might need to create surveys to strengthen the point of a paper they are working on. Here polling comes in handy which helps share to thousands of people throughout the country. Then comes spell check which helps the students concentrate on the important things. Technology now plays an important role in communication, making it a lot easier. Read more at: http://it.toolbox.com/blogs/understanding-crm/the-role-of-information-technology-in-education-76589

 

 

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Using Cloud for Business Management

Starting a small business can seem tough and impossible at first when, there is so much to do on the front end before you even open the doors for your customers . We are now in the age of the art of technology which uses cloud computing to store all of our information and access if from anywhere we are. Not only does this make operating a business easier, but it makes the process much more efficient. The cloud can be your secret weapon to any aspect of the start-up process of your business. Here’s how.


Read more at: 
 http://www.business2community.com/cloud-computing/6-ways-use-cloud-start-business-01669177#o3OZvYPJyqBGeKit.99

 

 

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Marea- The fastest undersea cable announced

Microsoft and Facebook are teaming up to build the undersea cable “Marea” that will link Viriginia Beach to Bilbao, a stretch of 6600 km, with an estimated data capacity of 20TB/s. “Marea” will be cloud-driven to ensure reliable connections for Microsoft cloud services and high speed. Its completion is expected to be by October 2017. Read more at: http://www.extremetech.com/internet/229287-microsoft-facebook-team-up-to-construct-worlds-fastest-transatlantic-cable

 

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All About Application Migration

Presently companies have started shifting or planning to shift on cloud and updating there entire data center with modern infrastructure solutions. They are optimizing their entire ecosystem to support mobility and new kinds of end-point technologies. To stay updated on today's market, need is to design an environment that's ready for virtualization and cloud. Organizations are running into application migration challenges.  Some apps can't be virtualized. Some are simple and can't be moved into a cloud ecosystem. Some apps have critical legacy dependencies and some apps are challenged by compliance and security measures. So here's the good news: new technologies are enabling a very granular understanding of applications and their unique requirements. Let's look at some ways that can work with challenging applications and some application migration options. # Understanding the Application DNA # What to Do With Mainframes? # Working Around Dependencies # Getting Creative with Challenge Apps # Ripping Off the Band-Aid. To read more, follow: http://www.datacenterknowledge.com/archives/2016/02/23/application-migration-know-your-options/

 

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Disaster management in IT

IT managers are concerned about the heat hazards inside a data center, but what about outside hazards? Climate trends are increasingly affecting the IT operations. Weather related disturbances lead to grid outages which affect its efficiency. The need for disaster recovery tools are raising. But it's not budget friendly to maintain two data centers. So people have shifted their focus to DRaaS i.e. Disaster Recovery as a Service. It leads to less infrastructure management. Read the complete article here:  http://www.computerworld.com/article/3048467/disaster-recovery/for-it-climate-change-means-preparing-for-disaster.html

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How Internet of Things can pay-off in Mobile Marketing?

Mobile Marketing is the use of the mobile medium as a means of marketing. According to a report, the IoT device market will double the size of smartphone, PC, tablet, connected car, and wearable devices combined by 2019. The Internet of Things provides a network of physical objects or things embedded with electronics, software, sensors, and network connectivity, thus enabling collection and exchange of data. To know more about how it can hit the target mobile marketing, follow the article written by Arun Bhattacharya (author) at: http://blogs.adobe.com/digitalmarketing/mobile/how-to-add-wearable-devices-to-your-mobile-marketing-strategy/

 

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Financial planning and analysis using Cloud, big data and analytics

The present events ongoing in the world economy give us the impression that we are amidst turbulence and chaos. To become more active and adjust to rapidly changing events, Finance Planning and Analysis (FP&A) departments should consider a vast amount more of data for forecasting. A lot of this can be achieved by making use of advanced technologies like Cloud, Big data and analytics. With Cloud, necessary information can be disseminated to required destinations. FP&A organizations are now moving from spreadsheets to enabling technologies and integrated platforms thus ensuring transparency of assumptions and drivers. Big data and analytics enables faster than ever processing of data. Using software, sifting through a chunk of unstructured data and identifying patterns has become easier. Read more at: https://channels.theinnovationenterprise.com/articles/the-rise-of-the-rolling-forecast-for-fp-a

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Cloud Paves the Way Ahead for Data Analytics

Cloud has changed the dynamics of data analytics. It is believed that in the coming five years, organizations will be spending more on cloud based big data and analytics solutions than on the on premise solutions. Dave Wang, senior product marketing manager at Databricks, lists down 5 major reasons why data analytics in cloud is becoming a top priority for organizations trying to build a competitive edge through analytics. To know which among them has an upper hand and why, follow the link http://insidebigdata.com/2015/05/08/5-reasons-data-analytics-in-the-cloud-will-take-center-stage-in-2015/

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Switching to Cloud Made Easy!

The worldwide market for cloud-based SaaS offerings is expected to expand by about 20 percent per year through 2018, when it could exceed the $100 billion mark.

- International Data Corporation (IDC)

In the world of softwares, cloud is becoming the next big thing. Companies are now switching to cloud based delivery models. But that is not an easy task. For this a number of factors need to be considered like:

  • The process by which new products are developed and old products are reconfigured for the cloud
  • The ways companies should manage customer relationships
  • The pace at which product-development teams should operate
  • Companies’ tolerance of failure
  • The degree to which companies are willing to invest in new technologies and capabilities

Keeping these factors in mind, Santiago Comella-Dorda, Chandra Gnanasambandam and Bhavik Shah, have listed out six principles that will help companies to make an easy shift towards cloud. They are:

  1. Emphasize minimum viable products rather than ‘big bang’ releases
  2. Treat users as part of the day-to-day development team
  3. Expect and tolerate failure
  4. Adopt agile approaches to software development
  5. Give developers quality-assurance and testing responsibility
  6. Invest in cutting-edge capabilities

To know more, please read the following article at McKinsey Insights:

http://www.mckinsey.com/insights/business_technology/from_box_to_cloud

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The Cloud in the Limelight

Companies want to have an edge using analytics but struggle due to unavailable technologies, outdated software, cumbersome systems, complex integrations coupled with huge costs in infrastructure and personnel. The cloud has transformed the way organizations look at big data and analytics solutions. It has been predicted that investment in cloud over the next five years will grow threefold. • Open source platforms like Apache Spark provide simple and fast data processing capabilities. These though powerful, due to expensive hardware, long lead times are difficult to deploy. The cloud allows immediate usage of open source platforms without initial investments.
• Cloud -based software are user friendly, simple to grasp and sort in comparison to on premise counterparts and release cycles are shorter.
• Cloud-based analytics provide a platform where hard business problems can be effectively tackled.
• Processing and extracting data are easy from a synced centralized location.
• Better connectivity leads to better productivity, deployment of data pipeline is easy. Read more at:

 

 

http://insidebigdata.com/2015/05/08/5-reasons-data-analytics-in-the-cloud-will-take-center-stage-in-2015/

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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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Outsourcing CRM: Pros And Cons

According to a report from Gartner, it was found that 40% of CRM applications are hosted in the cloud and nowadays businesses outsource their customer relationship management (CRM) software to another company. But, question arises that do businesses outsource CRM operations like customer care or sales programs? The answer is no because it is always better to manage CRM operations internally than outsourcing to another company. But, if you don’t have that option, you have to weigh the pros and cons of outsourcing. Petra Jorgenson (Studio B Analyst), writes in her article link about the pros and cons of outsourcing customer relationships to a third party. Read more at: http://it.toolbox.com/blogs/insidecrm/outsourcing-crm-do-the-risks-outweigh-the-benefits-65986

 

 

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101 of Internet of Things

The Internet of Things is a new way of collecting data which are then stored in the cloud, interpreted that users will interact with through their phones, and then shared socially. It will allow businesses to know more about their customers that will help them to market products in new ways through completely new channels. The Internet of Things is changing the internet from a thing that people use sometimes into a thing that exists. Read more at: http://digitalmarketingmagazine.co.uk/articles/internet-of-things-101-2/1597

 

 

 

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