/home/leansigm/public_html/components/com_easyblog/services

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

The new digital customer journey: Cross-channel, mobile, social, self-service, and engaged

The sheer proliferation of new online devices and digital consumer channels is pushing leading-edge companies to rethink how they connect and engage their customers. Connection between business and customers in digital channels is known as customer journey. An integrated portfolio of technologies including self-service mobile apps, customer communities and open product development can reshape today's customer journey. To know more about the change in customer journey, go through the article by Dion Hinchcliffe, expert in information technology, business strategy and next-generation enterprises.

http://www.zdnet.com/the-new-digital-customer-journey-cross-channel-mobile-social-self-service-and-engaged-7000015570/

Rate this blog entry:
7646 Hits
0 Comments

Data centers as commodity

An article by Nick Razey, Co-founder and CEO of Next Generation Data, talks about the value in the IT chain that will migrate to the cloud providers leaving data centers to earn meagre commodity margins. A good data center service also needs well trained staff and embedded policies and procedures.  These parameters directly affect both the quality of the product and its price. For customers, the cost of transition from one data center to another is so high that they will not move their IT overnight if a new, better and cheaper option comes along. Instead they will wait for a natural break such as a technology refresh (and/or the end of a contract) before moving. As a result there are already hundreds (maybe thousands) of cloud service providers and more are emerging every day. Ironically it may be that cloud services are the next commodity and cloud providers will see their margins competed away while data centers remain relatively unaffected by the new IT world.

 

 

To know more visit http://www.cloudcomputing-news.net/news/2014/may/07/could-we-have-data-centres-commodity/ 

Rate this blog entry:
6799 Hits
0 Comments

The worst mistakes for businesses

An article by Brennan Girdler, Associate writer and editor of Chic Marketing, talks about the worst mistake a company can make is - assuming it can handle content marketing. Businesses need to set out on social media with the expectation to reach new customers. Without realizing this goal, a dull business page will likely fall into obscurity and the employee responsible for updating it will stop trying. Social media is a healthy way to communicate with consumers, professionals, and other businesses. While setting out to become big-hitters on a platform, businesses often run the risk of saying the wrong thing. If you're unsure how to approach Facebook, blogging, or website content, find someone who does. Don't bet on the long shot and suffer the consequences.

 

 

To know more visithttp://socialmediatoday.com/brennangirdler/2425231/worst-mistake-ever-businesses 

Rate this blog entry:
6403 Hits
0 Comments

The key to survive in the new brutal world of healthcare

The healthcare industry is going to face a great challenge in coming decades. Increasing population & demographic shifts in the society will drive the industry to incur huge costs. Hence to survive, the industry must consider the following remedies: First, healthcare organizations must agree to come under a same umbrella to provide better care to the customers. This process is known as "precision M&A". Secondly, companies need to provide innovative ideas to serve the mankind. Last but not the least; companies should build "powerhouse" business which will go hand in hand with upcoming market & demographics. For more details please visit: http://www.forbes.com/sites/matthewherper/2014/05/08/the-key-to-surviving-the-new-brutal-world-of-healthcare/#&SM_LENGTH=7

Rate this blog entry:
5560 Hits
0 Comments

Telecom companies need to analyze data in real time

Giving constant connectivity to customers and ensuring customer satisfaction are two most important things for telecom companies. As an owner of telecom company, you have to ensure that customers lose their call to as minimum as possible to prevent business loss and inconvenience to them. 

For this, you have to analyze every moment and take preventive actions whenever any faults occur. It is necessary that you must have analytics tools for it. But, unlike in most business cases, you will not able to use traditional machine data analytics. It is of no doubt that you will get patterns and trends, and will be able to evaluate program performance and pinpoint defects – but all these after the fact. By that time, you may lose your customers and revenues costing millions!

What you should do is do a real time monitoring and real time analysis as well. Using ‘streaming big data analytics’, you will be able to collect and correlate streaming data at a customer’s specific location, cell site performance, call failure rates and event prevent momentary glitch before they turn up into a large scale event. Not only this, based on profile of your customers, you can prioritize their issues. All these will increase one of your important parameters – customer satisfaction.

Read more at: http://smartdatacollective.com/dale-skeen/199716/why-telcos-can-no-longer-rely-traditional-machine-data-analytics-deliver-high-qual  to know how streaming data analytics help telecom companies to monitor calls in real time and increase customer satisfaction.

Rate this blog entry:
5980 Hits
0 Comments

Social media: a tool for spying on customers

David Waterman, expert in search engine optimization, talks about how marketers can take advantage of social media to spy on their customers and target audience to gather better insights. He also discussed about the five different steps to be followed for enhancing the process.

 

To know more about the steps follow http://marketingland.com/social-media-perfect-tool-spying-customers-76595

 

 

Rate this blog entry:
9008 Hits
0 Comments

Predictive analytics helping in customer retention

Eric Siegel, Ph.D., founder of Predictive Analytics World and Text Analytics World and Executive Editor of the Predictive Analytics Times, talks about how businesses can incorporate predictive analytics to upgrade their process.  A predictive model will help to know which new customers are likely to return and which are probably one-timers. He also mentioned about various benefits of retaining new customers. Moreover, by adopting this model, the first time customer can become a loyal customer.

For more information follow  http://www.predictiveanalyticsworld.com/customer_retention.php

 

Rate this blog entry:
9760 Hits
0 Comments
Sign up for our newsletter

Follow us