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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

Productivity tools for marketing managers

Marketing Managers requires excellent productivity tools for smooth functioning. The best productivity tools are Collaborative, Easy to use and Cloud-based. The article explains the 7 best productivity tools for marketing managers:

i. Trello

ii. Slack

iii. CoSchedule

iv. Quip

v. Github

vi. Waffle

vii. Mention

Read more at: http://www.socialmediatoday.com/marketing/7-excellent-productivity-tools-marketing-managers

 

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Effects of GST on Online Shopping

"Online shopping will be drastically affected by implementation of GST.  The article explains how GST will bring changes in online shopping, the areas which will be affected by this are:

• Tax collected at source

• Faster delivery

• End of freebies and discounts

• Shopping from global players

• Returns and cancellations will get difficult 

 

Read more at: 

http://economictimes.indiatimes.com/articleshow/59319112.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst"

 

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Predicting Data using R

R Programming is used for analyzing data as well as for the prediction of data. Using data models are made to further do analytical analysis. Models once made are then further predicted  using the function predict(). The article further explains the method of prediction using an example. Read more at: 

http://www.dummies.com/programming/r/how-to-predict-new-data-values-with-r/

 

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Job location-cause of Job loss

The company’s financial position and the employee’s performance are the two main reasons to fire employees with many other reasons affecting this decision as well. One of the other important reason affecting losses of job is the place of your work and where the company is located. Based on factors affecting a city’s employment conditions, loss of job for current employees vary. The article further lists the cities in order of job risks associated with the tier1 cities. In order of highest to lowest risk Delhi comes first, followed by Bangalore, Hyderabad, Ahmadabad, Mumbai, Chandigarh, Chennai, Kolkata, Pune.Read more at:

http://economictimes.indiatimes.com/articleshow/59159053.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 

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LED light bulbs- Efficient utilization of energy

LED light bulbs are a step towards an efficient utilization of energy, therefore it is one of the best energy-efficient business model in India. India's usage of LED light bulbs was only restricted in the households, thus to encourage usage of LED light bulbs government has leveraged its buying power and made LEDs available at discounted prices. Power consumption of LEDs is around 2% as compared to 15% earlier. The article further explains the benefits of LEDs to the economy's energy, financiers, users of equipment, improving energy efficiency, lowering the emission intensity and avoiding a spike in emissions. But still India lacks in the infrastructure required for the further improvements.Read more at: http://blogs.economictimes.indiatimes.com/et-editorials/an-energy-efficient-business-model/

 

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Effects of GST on business

To replace the web of indirect taxes, GST has been introduced. Registration is mandatory under GST if:

1. Sales of goods and services are more than 20 lakhs (Rs 10 lakh for North East states) in a financial year.

2. Business is involved in inter-state supplies or supplies via e-commerce.

3. Taxpayers already registered under VAT/service tax also needs to migrate and register under GST. 

The article furthers explains the benefits of GST registration such as claiming input tax credit, ease in paying taxes, paperless compliance of taxes , etc. It also explains the losses to be faced if the business is not registered under GST.

Read more at:

http://economictimes.indiatimes.com/small-biz/policy-trends/heres-how-your-business-needs-to-change-for-gst/articleshow/58995677.cms

 

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World's smallest manned aircraft: The Pitch

The world's smallest manned hovercraft is built by Air Board. It is useful to help search and rescue organizations. It gives them better access to areas that are hard to reach. The article gives the full description of the product. It explains the way it works, how it is useful with the main objective of saving lives and at the same time how it is more useful than any other mode of transport at the time of emergency. Read more at:  http://www.siliconvalley.com/2017/05/08/the-pitch-how-this-tiny-hovercraft-could-save-lives/

 

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Startups: Emerging Workplace for Indians

Even though the stability of startups is highly uncertain, still it is the most sought-after category of workplaces in India. Established startups such as Flipkart and Paytm rule the roost, some other best startups for workplace in India are Robolab Technologies, Fynd, 1mg.com,etc. According to CEO of Aasanjobs, based on parameters like career development, work engagement, compensation, relationship management and work environment, startups were surveyed to form a list of best workplace in India. Read more at: http://economictimes.indiatimes.com/small-biz/startups/startups-most-sought-after-category-of-workplaces-in-india-report/articleshow/58929944.cms

 

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Time-Series and Auto-correlation

In the time series, after isolating trends and periodicity, a normalized time series is left. To check whether the data follow some well known stochastic process, model fitting is done. If the model has an autocorrelation then it is de-correlated and after de-correlation it is checked whether it behaves like white noise, or not. The article further explains how to remove auto-correlation in a time series with the help of first order autocorrelation and linear algebra framework in PCA with an example as well. Read full article at: http://www.datasciencecentral.com/profiles/blogs/how-and-why-decorrelate-time-series

 

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Data Scientists and Mathematics

Data science and mathematics together makes learning more interesting. Passionate data scientists towards mathematics solve many modern math problems using data science. This article gives selection of 12 interesting articles, about mathematical problems, math-free algorithms and statistical theory. Most of them can be understood by the layman. Some of them include R code and some include processing vast amounts of data. Some of the articles are: Simple Proof of the Prime Number Theorem, Fascinating Facts and Conjectures about Primes and Other Special Number,Factoring Massive Numbers: Machine Learning Approach.

Read more at: http://www.analyticbridge.datasciencecentral.com/profiles/blogs/10-interesting-reads-for-math-geeks

 

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