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

This sections contains articles submitted by site users and articles imported from other sites on analytics

Ways to increase sales through Coupon Marketing Strategy

These days people find ways to use coupons were ever is possible especially on online delivery through food apps, buying any products through eCommerce apps etc. Its one of the best strategy used by any companies these days. By using coupons the consumer have a mental satisfaction that they receive cheap products and this lead to the loyalty towards the company. As today's time is a technology time so to avail coupons is very easy especially through your mobile phones, anyone any where can use it. Companies find various ways to attract them with their new offers, advertising through shows, banner ads on bill boards etc which leads to increase of sale.

Read more at : https://www.business2community.com/marketing/6-ways-to-improve-your-coupon-marketing-strategy-and-increase-sales-02192134

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Improve marketing strategy with the help of Artificial Intelliegence

Business world is now dominated by artificial intelligence and there is no exception in the world of marketing intelligence too. It is found that the future of marketing will be transformed by a powerful, nonhuman force i.e. artificial intelligence. But, even at present, AI and marketing-powered solutions can rationalize your marketing efforts and give you an edge on your competition. Read more at:  https://www.business2community.com/marketing/4-ways-ai-can-improve-your-marketing-strategy-02190347

 

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Expected potential of AI technology

Nowadays, everyone is talking about artificial intelligence. The expected potential of AI technology is based on increasing the availability and usefulness of expert knowledge. It is this potential which will affect many diverse areas like education, commerce, government, medicine, and manufacturing. It is a fact that one of the most important results of work on artificial intelligence has been a refinement of techniques for obtaining and structuring the knowledge of experts. Read more at: 

https://it.toolbox.com/blogs/craigborysowich/the-basis-for-the-potential-in-artificial-intelligence-032519

 

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How IoT collects data

We all know that Internet of Things or IoT can monitor and measure data in real time. These data in return offers valuable insight to help save time, energy, and money. But, do you how are IoT data collected, processed, and analysed? Data are collected from security systems, smart appliances, smart TVs, and wearable health meters. Data are also collected from commercial devices including commercial security systems, traffic monitoring devices, and weather tracking systems. Read more at: 

https://it.toolbox.com/blogs/carmashoemaker/iot-data-how-to-collect-process-and-analyze-them-032619

 

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Importance of mouth marketing

Reports says that 50% of word of mouth recommendations are the leading factor behind a purchasing decision and 92% of consumers trust recommendations from the people they know. So, it is a fact that mouth marketing is effective. This article explains a few ideas to help you increase your word of mouth marketing to help grow your business like making yourself more interesting, sharing your experiences, share something that promotes high arousal and many such things. Read more at: 

https://www.business2community.com/marketing/how-to-increase-your-word-of-mouth-marketing-02167485

 

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How Edge Computing is Changing Cloud Utlization

Nowadays, edge computing power of cloud is changing how Internet of Things devices and applications work as systems. This article explores some ways edge computing will change cloud utilization.  They are: Faster Decision Making, Network Load, Sharing Security and Disconnected Decision Making. Read more at: 

https://it.toolbox.com/blogs/davidgillman/4-ways-edge-computing-changes-cloud-utilization-012219

 

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How IoT is changing our lives

The vital concept of connectivity is moving beyond mere laptops, smartphones, and mobile devices as we observe its penetration into cities, homes, markets, farming, cars, wearables and more, connectivity is making each of them smarter by a great margin. This innovative advancement has come here to stay. Read how IoT is changing our lives at: 

https://it.toolbox.com/blogs/ankitkumar/internet-of-things-the-bright-wave-of-the-future-121818

 

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Use of AI in retaining employees

Employees are the most valuable asset in any organization and your most valuable employees are often the quickest people to leave. The author in this article explores how you can use artificial intelligence to create systems that help meet your employees’ intrinsic needs and build the supportive and challenging environments that employees crave for. Read more at: 

https://it.toolbox.com/blogs/susanowens/5-ways-ai-technology-can-help-you-retain-employees-121818

 

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IoT data and Artificial Intelligence

It is a fact that the Internet of Things produces a lot of data for companies. So, dealing with this massive amount of data is both a large task and a continuous process for organizations. But, now most companies have some idea about the potential value of IoT data for their operations and IoT data which keeps streaming in, artificial intelligence is a natural choice for analyzing and making sense of them. Read more at: 

https://it.toolbox.com/blogs/davidgillman/stream-analytics-is-becoming-real-time-ai-121318

 

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How technology will revolutionize the future workplace

In the world of technologies, it is found that machine learning has by now begun to improve human decision-making, and the rising use of remote access technology will empower humans to influence faraway people and events by being present in multiple devices and locations. So, the increasing use of these technologies to analyze, identify and respond to changing trends in real-time and will make human workers digitally ever-present across departments, businesses, factories, and devices.  Read more about how technology will revolutionize the future workplace at: 

https://it.toolbox.com/articles/five-ways-technology-will-revolutionize-the-workplace-by-2030

 

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Effects of AI on ERP

From bots that use natural language to interface with your consumers to manufacturing systems that customize on the fly, and warehouse systems that can plan goods near based on predictions of future orders, there are key updates to ERP systems that can have a huge impact on a company’s success. Read more about the updates on ERP at:  

https://www.business2community.com/business-innovation/how-ai-will-reshape-erp-in-2019-02140562

 

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Why Big Data is important

Nowadays, in business, people are using artificial intelligence and multimedia visual marketing, and these are also connected to the concept of Big Data as every action of internet users take generates a data trail, and the amount of machine-generated data is growing too. So, using data effectively can give businesses an edge in today’s competitive environment as analyzing Big Data helps them to achieve better results in many areas of business with minimum wasted effort and costs. Read more at: 

https://www.business2community.com/big-data/big-data-is-a-powerful-asset-for-business-success-02140458

 

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Use Data to Your Advantage

Big Data in theory is easy to understand. But, unearthing insights from streams of data into action and make a difference to your business is not easy. Companies have now found out how to not only capture data but also connect them to create BI which helps in getting feed back into the business to give them a competitive advantage. Therefore, a set of dependable best practices can help you take advantage of the big data momentum. Read more at: 

https://it.toolbox.com/blogs/susanowens/4-ways-to-use-your-data-to-your-best-advantage-110118

 

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Automating repetitive work

Smart work is vital for any business as you and your employees can focus on more important tasks. Sometimes, new businesses struggle from lack of time and resources to grow their business proficiently. Automating tedious and repetitive tasks through software can save time and thus progressing overall productivity as automation means automating one or more work processes with the help of technology to reduce or eliminate human intervention. To know more about automation, read at: 

https://www.business2community.com/small-business/why-automate-your-business-02132048

 

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Use of Predictive Analytics in Education Sector

The role of education as well as education institute has changed over the years and is becoming more daunting to achieve. Universities, nowadays, have a lot to do to equip their students for the jobs that are to come. Universities can improve the quality of education is one way to do is to use predictive analytics. This article explores how big data is influential in improving the quality of education by allowing educators to monitor progress, alter curriculum based on data and customize the learning experience. Read more at: https://it.toolbox.com/blogs/deepthiudyawar/predictive-analytics-in-improving-the-quality-of-education-101618

 

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Improving customer service through automation

Customer service is very important for any sales team but, they can be overwhelmed by poor ticket deflection and routing. They are equipped with all answers but, if they need to sort through through issues outside of their filed, then they are not maximizing the ways in which they can help customers. This is where ticket deflection and routing come in to make the most of the time and effort of your customer service personnel. This article explores the ways ticket deflection and routing can help customer service teams. They are: Automated routing improves efficiency, Ticket deflection increases self-service usage, Quick self-service access makes it easier to meet SLAs and Sentiment analysis for smarter routing. Read more at:  

https://www.business2community.com/brandviews/teamsupport/4-ways-ticket-deflection-and-routing-can-help-customer-service-teams-02127543

 

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All about web presence analysis

Web presence analysis helps you determine how your business is viewed when someone searches for your products and services. It is imperative for all businesses should develop an extensive digital footprint as part of online marketing activities. The bigger the footprint, the more likely your business can be found when someone is searching and if your business is not visible in the search engine results, you lose an opportunity to attract a customer.  To know more about web presence analysis, read : 

https://www.business2community.com/online-marketing/web-presence-analysis-how-visible-is-your-business-02115484

 

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Decoding the Mystery of Perfect Ads!

Advertisement is one of the major ways through which businesses can attract customers. A lot of money and time is invested in order to create ads. However, these days a helping hand has come for rescue and is successfully able to attract customers by presenting customized ads. Machine Learning Algorithms, Artificial Intelligence and Deep Learning have come into play. With the help of these technologies, customized ads can be created based on the current searches done by customer. For example, you recently searched for “affordable mobile phones”. These learning algorithms tracks it down and soon starts displaying mobile phones ads presented by various companies. Other than that, Data Mining also plays an important role in this. Among various data that is available on world wide web, data mining algorithms browser and stores valuable data. 

Read more about this at https://www.techworm.net/2018/06/how-machine-learning-algorithms-help-businesses-target-their-ads.html

 

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Why is machine learning becoming inevitable for organizations

These days, developments in data analytics and business technology is that of machine learning. Machine learning is becoming a business-critical technology, machine learning makes computing processes more efficient, cost-effective and reliable and thus accelerate every aspect of business decision-making. Machine learning is implemented in most industries where it presents a great opportunity to improve upon existing processes as it has the ability to process highly complex, time-sensitive, and fluid data for applications in virtually any industry, such as: Tracking customer/client satisfaction in real time, analyzing and responding to market trends, tracking and setting prices according to demand, combating fraud, calculating risk, improving customer service through real-time etc.  Read more at: Read more at : 

https://www.business2community.com/big-data/is-machine-learning-inevitable-for-data-analytics-02111333

 

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Latest trends in Big Data

Analytics and precisely, big data has been a game changer for organizations across industries and revenue size as it helps companies to process data of great complexity and size at a speed and with accuracy so that the management can take better decision. Big data technology can help huge unstructured data to be properly indexed and searched through those legacy records in record time. There are many other circumstances where big data can push an organization’s success and help it make its processes smoother and more efficient. Read more about the latest trends in big data at: 

https://it.toolbox.com/blogs/asifsidiq/the-top-10-big-data-tools-in-2018-082718

 

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