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

How the business giants are using robotics in supply chain?

How the Amazon is able to raise itself as one of the titanic disruptors in retail space? With its warehouses, full of robots is actually enhancing the speed and efficiency of logistics operations. FedEx is also tracing the footsteps of Amazon. The deployment of mobile robots inside FedEx is showing up how customer’s E-commerce habits are improving the retail and logistic sector. Commonly companies are making use of robots as store-service robots, inventory robots and delivery robots.

Robots are actually complimenting the human colleagues’. But the main objective of retail industry is to make profit margins and increase the productivity using robotic automation technology

For more information visit:

https://www.analyticsinsight.net/how-worlds-biggest-companies-use-robotics-in-supply-chain/

 

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Android holding the reins of modern life!

Seems like android has been around for an extremely long time. The fun fact about android is that android was originally made for digital cameras. Android has transformed and evolved a lot over time. There are a lot of different versions, and every version of Android is a code name, which many people use instead of the version numbers like Android8.0-8.1, Oreo,Android7.0-7.1.2,Nougat:Android6.0-6.0.1,Marshmallow,Android5.0-5.1.1, Lollipop. Each one is named after a dessert or some other form of confection, which is more for fun than anything else. To know more visit at:  https://www.howtogeek.com/345250/whats-the-latest-version-of-android/

 

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Three Steps for Business Automation

Digitalization has become a global movement and initiatives are being set to accelerate the rate of adoption. 2030 has been declared as the target and many initiatives are already on their road. One such automation process that can that can change everything significantly is the business automation process. From improving customer experience to cutting down cost, business automation has the power to help the firm grow. 

However, automation efforts are only beneficial if the CIOs make right investments and decisions. It is often seen that with a wish to automate, many leaders often make wrong decisions which could cost them potentially higher than excepted.

The three business goals that investments in automation will help are:

  1. Digitalize and optimize operation
  2. Create and act upon advanced insights
  3. Drive business technology innovation.

Read about them at https://www.techrepublic.com/article/how-to-automate-your-business-3-critical-steps/ 

 

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The Ten C’s of A Data Scientist

Data Science is a new field of interest and used in every sector. Whether it is a business, production line or a tech company, each of them wants someone to analyse their data. This would further help them to make decisions. Even though there is so much need of data scientist, still the number of data scientist is low. There are many characteristics that could define a good data scientist. 

Few of them starting with C are: Curious, Careful, Clever, Confident, Creative, Capable, Communicative, Considerate, Candid and Collaborative. 

To know further about these words visit: https://medium.com/@tableaucoach/characteristics-of-a-data-scientist-ten-cs-4e3b185cc7cd

 

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Outsourcing the crowd

Technological innovation occurring all across the countries has made it easier to crowd source it to provide with better and faster services, funding and navigation. Powered by social media, new tech and web 2.0, Crowd sourcing is a sourcing model by which it engages a ‘crowd’ or group for a common goal — often innovation, problem solving, or efficiency. Being a blend of two words- crowd and outsourcing, there is no doubt that crowd-sourcing is helping various organizations to tap new ideas and solutions in order to encourage deeper consumer engagements, co-creation opportunities and reduced costs. It cuts across various dimensions and enhances all social and business interactions. Not only it is used by private organizations the way they work, hire, research and market but also by Governments to empower people and to enable them to voice their opinions in crucial matters of the country. Crowdsourcing also has the potential to revolutionize the system by touching across various fields such as science and technology and education. 

Read more at https://www.entrepreneur.com/article/307438

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How merging big data, IoT and cloud computing can lead us to a better future?

The buzzing technology giants, big data, IoT and cloud computing are completely separated disciples. But the union of these technologies is leading us towards an advanced version of our world. According to IDC, “Within the next five years, more than 90 percent of all Internet of Things data will be hosted on service provider platforms as cloud computing reduces the complexity of supporting the Internet of Things ‘data blending’.” Nowadays IT sector is shifting itself from product orientation to information based outcome orientation. The coupling of these technologies is helping our healthcare industry to become smarter, advances in self service analysis, beneficial for industrial IoT, adoption of edge-computing and so on.  

For more info, go to:

https://www.analyticsinsight.net/convergence-of-big-data-iot-and-cloud-computing-for-better-future/

 

 

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How big data is complementing AWS platform?

We all are aware of outstanding facilities by Amazon web services in terms of data solutions and cloud computing. Everyday thousands of companies and industries are collecting and accessing terabytes amount of data.  The fabulous features of Amazon’s framework, the manageable & cost-effective databases and the storage facilities, simple and cost effective Amazon’s redshift data warehouse, business intelligence and analytics are actually endorsing big data analytics.

Want to know more how big data is using AWS services, visit:

https://www.analyticsinsight.net/enhancing-aws-platform-with-big-data-solutions/

 

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Can domain be transformed through AI’s affection towards cloud computing?

AI and cloud computing is actually complementing each other. As we know, a typical computer can never hold the large amount of data processing by AI. We need a better alternative, so by combining AI with cloud AI can make use of dispersed hardware on cloud. Though this business companies can analyze and interpret massive amount of digital data. 

The future with the union of AI and cloud will definitely comes up with revolutionary innovations and technologies. Some best innovations can be integrated & server less platforms, the intelligent edge, data analytics and so on.

Interested to know more about the combination AI & cloud, visit:

https://www.analyticsinsight.net/how-ais-inclination-towards-cloud-computing-will-transform-the-domain-in-2018/

 

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What is the need to replace RPA implementation with OCR?

The enormous amount of data is increasing day by day. But, unfortunately it is reported that the inability to analyze the current data obstructs the businesses to take advantage of the services.  With the use of OCR (optical character recognition) our collected data makes some sense. OCR depends completely on manual checking. Instead of using OCR we can implement RPA (robotics process automation).

So, how we can use RPA? For more information go to:

https://www.analyticsinsight.net/why-our-rpa-implementations-need-an-ocr-replacement-immediately/

 

 

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CLOUD COMPUTING: An essential element to our future society

Cloud computing is basically just a way to make use of remote servers on the internet to store, manage and process data. Here are four ways in which cloud can improve as well as lift up the standards of hosting on internet.  

Building digital-first infrastructure: as per the different sizes and needs of industries, cloud is transforming itself. 

Managing data: cloud is working as a helping hand to manage the growing volumes of data.

Artificial intelligence: cloud is helping AI to adapt new platforms.

Anonymous vehicles: A vision of driverless cars, use machine learning and AI deployed on cloud. 

For more information go to:

https://www.forbes.com/sites/joytan/2018/02/25/cloud-computing-is-the-foundation-of-tomorrows-intelligent-world/#7f61fb734073

 

 

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HOW AI, ML AND ROBOTICS ARE SHOWING A LAY LAND TO MANAGEMENT?

We all are aware of the elevation in technology due to AI, ML and Robotics. Now lets’ see its impact on in the side of business management.

  Applying AI to a machine makes it capable to mimic human abilities. Nowadays, machines with their highly advanced skills of problem solving, planning, perception etc are able to recruit employees of the company. These machines are firstly being used by recruiters to do their jobs more effectively and efficiently, but also it helps the candidates to find most relevant job as per their qualification and job requirements.   

Want to know more about this? Visit:

https://www.peoplematters.in/article/hr-technology/heres-how-ai-ml-and-robotics-are-shaping-talent-management-18103

 

 

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Visualising a three-dimensional from a two-dimensional snapshot

The world is really moving at a fast pace and is revolving around artificial intelligence. Do you think is it possible to have a three dimensional figure just by looking at a two dimensional figure? Yes, it is possible. The researchers can make a three-dimensional figure just by having few two-dimensional figures. But this system which they have made is not available for commercial applications. This system can be used for self-driving cars and household robots. This system has a very good grasping power as it is able to learn in a very smart way from little observations.

For more information visit :

https://spectrum.ieee.org/cars-that-think/robotics/artificial-intelligence/alphabet-deep-mind-makes-a-key-advance-in-computer-vision 

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Barcelona: sensors said shut-up to noise-makers

The plaza del sol in Barcelona has become a place of hangover for the young generation. People spend their leisure time and also party with friends. This has become a problem for the residents staying in that area. To curb this, one of the laboratories has developed a sensor that can detect the noise levels, temperature and air pollution. The lab developed this sensor which was low-cost and easy-to-use. Families installed these sensors in their balconies and detected night time noise levels to be exceeding 100 decibels. Mr. Tomas Diez who runs the lab said that he desires to make a project named Fab city which will be a collection of 18 cities from Europe, America, India and China. This project aims to create cities which will be sustainable and self-sufficient to meet their needs.

For more information visit:

https://www.bbc.com/news/technology-41015486 

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Latest development of Artificial Intelligence

Researchers at MIT have integrated AI with Radio Waves for visualizing people on the other side of the wall. While it sounds like the kind of technology a SWAT team would love to have before kicking through a door, it’s already been used in a surprising way—to monitor the movements of Parkinson’s patients in their homes. The radio signals that they use are very similar to Wi-Fi but a little less powerful. The technology  depicts the people in the scene as skeleton-like stick figures, and can show them moving in real time as they do normal activities, like walk or sit down. But how does it work? Find out at:

https://www.popsci.com/see-through-walls-artificial-intelligence

 

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Big Data in Manufacturing Industry

Big Data and Analytics are not just confined to online services anymore, they have made their way to changing things offline as well. One of the fields where they have a significant impact is manufacturing. Big Data has been able to perform Predictive Maintenance. It can help in analyzing performance of individual machines. Not just this, they can even help in making improved strategic decisions for better outcomes. Big data analytics are changing manufacturing for the better. The only question is, will you be coming along for the ride? To know more: 

https://www.smartdatacollective.com/how-big-data-and-analytics-are-changing-manufacturing-for-the-better/

 

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Internet of Useful Things

When it comes to development in IoT, one should try to bring out the most useful aspect of anything using IoT. Slow but stable approach allows teams to begin gaining benefits gradually without running the risk of outpacing their learning curve. Hosting on a secure ISO certified platform is also equally important as the first step towards user data security. Many IoT developers place too much importance on how devices are connected to each other, and too little on how they deliver value to meet customers' needs. Instead, one should focus on actual outcomes.

Read more at: https://www.informationweek.com/strategic-cio/it-strategy/four-tips-for-a-successful-iot-deployment/a/d-id/1331958?

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Employee Retention with AI

Recent statistics shows that employee retention has been drastically going down recently. But, Artificial Intelligence and predictive analysis tools might help us overcome this situation and help the employees to stay satisfied. It is to understand frustrated employee faces and implement sensible solutions to reduce the turnover. It can also help to eliminate monotonous task and make boring job away from the employees. It can help HRs to understand the main employee engagement factors. This in turn will boost company performance. Read more at: 

https://www.smartdatacollective.com/artificial-intelligence-unlocking-boosting-employee-retention/

 

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Big Data in 2018

Big data systems have been growing more efficient every day. The data trends have been ground breaking in 2018 as well. There has been implementation of one of the most enhanced cybersecurity model ever. Not just cyber crime, but the crime rate in general has started to come down all around the world in the last 20 years. The expansion of Internet of Things is another amazing influence of Big Data in todays industry. Artificial Intelligence has actually started reaching out to the masses. A number of new occupations have started coming up already. There are plenty of other news from around the world on Big Data. Find them out at: 

https://www.smartdatacollective.com/buzzworthy-big-data-trends-year/

 

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Blockchain in Agriculture

Blockchain technology has disruptive potential as this technology can play a big part in streamlining the supply chain process and ensure farmers and buyers can connect in a more secure and transparent way. Banks and insurance companies will also be able to see the real time position of the farmer. In all, blockchain can empower farmers and improve the terms in which they conduct business. The world’s population looks set to reach ten billion by 2050, agriculture will have to adapt and improve with technology becoming an ever more integral part of how it operates. 

Read more at: https://www.theglobaltreasurer.com/2018/05/09/how-agriculture-can-benefit-from-blockchain/

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The Change in Data Management for AI

Nowadays, Artificial Intelligence is not new to this world. AI is used in almost every field, especially in the field of business. To make business related decisions, you need data. This data is analysed and then plans and actions are decided. From identifying the problem to discover actionable business insights, right analysis of data can transform business operations and take it to higher level. 

However, with the power of AI you can automate this task of data analysing, transforming raw data into actionable business intelligence. One thing for which Artificial intelligence is hungry for is data! The more data you feed it, the better results it gives to you. But with the vast amount of data that AI requires, it also follows the concept of “Garbage in, Garbage out.” Feeding the right thing to AI should be the up-most priority to get results. For this reason, many companies are making changes in their data management space.

Read more at : https://www.technotification.com/2018/05/ai-changing-enterprise-data.html

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