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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

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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Let Machine Learn Using SVM!

Machine Learning is one of those technologies which have invaded in our lives to make it better. Without any doubt one can say that even though machine learning is in its initial phase, it has already become a part in our 24/7 running lives. Set of algorithms to use data, learn from it and then forecast future trends for that topic is expanding day by day.

Machine Learning and Data Sciences are often used together in order to predict future from varied data results available with us. One of the famous algorithm used in this field is SVM or Support Vector Machine which can be used for both regression and classification task. It uses the concept of hyperplanes and other mathematical functions in order to produce significant accuracy with less computation power. SVM has already proved itself in text categorization, image recognition, and in bioinformatics and now working in other.

To know more about how SVM works visit : https://towardsdatascience.com/support-vector-machine-introduction-to-machine-learning-algorithms-934a444fca47

 

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The Relationship They Share: AI, ML, DL

Artificial Intelligence, Machine Learning and Deep Learning are now the most exploring topics for any techie. In spite of enough differentiation between these terms, they are often used interchangeably. To put an end to this confusion one could say that ML and DL are nothing but cousins of AI. 

Artificial intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and react like humans. Many applications of AI are being seen and used today. From voice-powered personal assistants like Siri and Alexa to self-driving cars and many more are applications of AI.

On the other hand, Machine learning is an artificial intelligence (AI) that is discipline geared toward the technological development of human knowledge. Machine learning allows computers to handle new situations via analysis, self-training, observation and experience.

Whereas, deep learning is a subset of machine learning which is a collection of algorithms used in ML to build and train neutral networks and act as decision making nodes.

So, though AL, ML and DL are interrelated but in this vast field of technology they all stand on their own and using them interchangeably would not be justice.

Read more at: https://towardsdatascience.com/cousins-of-artificial-intelligence-dda4edc27b55

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Is Automation Leading to Extinction?

It is said that with the future of technology another thing that is coming nearer to us is the risk of human extinction. Raymond Kurzweil, Google’s Director of Engineering and Futurist, published a book, The Singularity is Near, in which he welcomes a future in which AI will overcome human intelligence. Though we are still know that as super intelligence, but for now we do encounter AI in almost every aspect of our lives. Though in his book, the author welcomes AI as positive, most people fear job loss and the worst as human extinction. History indicates that any advancement in technology not always turns out to be bad. But, one could not ignore that with current technologies almost 45% of the jobs for which we are paid are now automated. This has become a topic of debate and no one knows what stands for us in advent of future. To know more visit: https://medium.com/@tjajal/automation-and-the-rise-of-meaningful-work-d1c7d596fee6

 

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The Two Roads to Project Management

Now a day’s evolution and invention can be seen in every field. One thing common in these fields is the need of management. Any project is successful only if a proper management plan is adapted. Here, one evolution turned out to be a mirror of legacy. Agile approach is significantly opposite of the traditional waterfall approach. 

Waterfall Approach, also known as Liner Sequential Life Cycle, is highly structured and sequential in nature whereas Agile methodology is a practice that helps continuous iteration of development and testing in the software development process. 

Both of these approaches have their own strengths and flaws. Thus, it becomes important for a business to identify and select most appropriate approach.

 

To know more visit: https://www.itbusinessedge.com/articles/choosing-between-the-two-approaches-to-project-management.html

 

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Blockchain and Big Data

Blockchain has reached new heights for Big Data. It has strengthen cyber security and has been trying to create a  much more efficient world. There are numerous benefits of blockchain for Big Data. Improved data quality and security are the most important of all of them. It has also made data access easier. But there still are some challenges in the implementation. Find out more at: 

https://www.smartdatacollective.com/rise-of-blockchain-technology-mean-for-big-data/

 

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Big Data in Gaming

Big data has started to play a vital role in gaming industries nowadays. Providing individual experience and maximizing the advertising of its products, gaming industry is far beyond ready to take big data to its peak. They have implemented techniques to collect data directly from online sources. They have data for marketing like never before. Big data has a new definition, a new meaning to everyone in the gaming industry, big data means a better consumer experience. Read more at: 

https://www.smartdatacollective.com/online-gaming-industry-uses-big-data-analytics-grow/

 

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Technology Trend in PEO

Technologies like SaaS has changed the PEO’s. A well-designed SaaS HRIS makes Human Resource easier, but a PEO who is also software expert will get much more value out of it than a small firm with little HR expertise or experience. According to experts, only 14 to 16% of SMEs are using PEOs and the number is likely to grow as the mega trend of starting small business continues. Advanced HR cloud technology in PEO helps them to hire the right people and will allow them to serve more customers in less time. Read more at: https://blog.hrcloud.com/hr-tech-creates-a-new-opportunity-for-peos

 

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Weather Prediction Improved

Hadoop has helped in shaping the future of weather forecasting in a much better way than the analyst could have ever predicted.  More factors can now be evaluated in the models. Also, the advancement in big data has allowed meteorologists to highly depend on the digital models. How exactly will Hadoop affect the future of meteorology? Find out at:

https://www.smartdatacollective.com/hadoop-predictive-analytics-improves-weather-forecasting-models/

 

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Chatbots At Their Best

Chatbots and AI are being reshaped everyday for a better outcome. They are available 24/7 for specialized customer service. They are better at engaging with customers. They are intelligent and hence can provide support to customers. Chatbots provide many advantages with their highly-capable functionalities. Find out all of them at: 

https://www.smartdatacollective.com/ways-chatbots-changing-customer-service-cycle/

 

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Artificial Intelligence at your Service

In the current scenario, AI is a big game changer in customer service, interaction and transitions. It uses data to effectively target the right audience with right content for best consumer experience. It has made Customer Relationship Management smarter then ever. AI-enabled chatbots render an ideal customer success paradigm. AI uses knowledge-base for customer success team. It improves customer success automation. Read more at: 

https://www.smartdatacollective.com/how-ai-play-crucial-role-in-customer-success/

 

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Augmented reality (AR): An interactive experience of a real-world

Heard of “PokemonGo” before? This can be one of the best elucidated examples of augmented reality. So, augmented reality is basically an interactive technology that superimposes an image generated by computer on the user’s view of the real world. Virtual reality is different as it displays the computer generated environment to the user but AR instead of replacing, adds image or element to the display.

In this fast pacing technological world AR is also presenting itself. There are many examples of AR such as Google glass, Google lens (for blind people), AR coloring books etc. To level up the standards of AR, researchers are developing holograms. 

Want to know more about augmented reality? Visit:

https://www.livescience.com/34843-augmented-reality.html

 

 

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Digital Transformation with Big Data

A number of trends lately has helped in shaping the Big Data. But, digital transformation is one of the key ones of all. It is being predicted that it might change the ways of data science profession in the years to come. Key features like flexibility, access to expertise, data security, etc. has helped it overcome most of the challenges. Many are saying that data transformation is the next major phase of Big Data. Find out more at: 

https://www.smartdatacollective.com/digital-transformation-unexpected-renaissance-age-of-big-data/

 

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Artificial Intelligence in Video Marketing

Artificial Intelligence has played a major role in video marketing since always, and it always will. Producing numerous new algorithms to find the related videos for the customer is one of the key features of AI in video marketing. Increasing the reach of video, making more people engage to it, and many more advantages of AI makes it one of the key components in video marketing. Read more at: 

https://www.smartdatacollective.com/fascinating-ways-ai-intersecting-video-marketing/

 

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Cloud Computing and Robots

Cloud computing has helped in evolving the robot technology to greater heights. More information and data are being delivered in real time. Robots have started to learn much quicker. Robot movies have started to become reality. They have started helping us with healthcare. Read more at: 

https://www.smartdatacollective.com/merging-big-data-cloud-computing-future-robotics/

 

 

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Featured

An introduction to UI/UX Design

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In simple word, UX Design means User Experience Design, while UI Design means User Interface Design.

Before proceeding into details, first, let us explore what is UX/UI all about. User Experience is an accumulation of tasks which focuses on optimization of a product for effective use; User Interface Design on the other hand, is the look and feel, the presentation & interactivity of a product. But, UX is usually and is often confused by the industries that employ UI Designers.

User experience design (UX, UXD, UED or XD) is the procedure of how to enhance user satisfaction with a product by improving the usability, accessibility, and pleasure provided in the interaction with the product.

Now, UI and UX design consists of different aspects of creative flow for digital products. Fundamentally, UI design aims to create effective and attractive user interface whereas UX design aims to provide the positive user experience. You can relate a merchandise through the user interface as it is always part of user experience, therefore, UX design is much wider and includes UI design as its vital part.

So, when designers work on UX and UI for any digital product such as a website or a mobile app, they need to focus on some core aspects like:

·         Usability – The product should be convenient, clear, logical and easy to use

·         Utility – The product should provide useful content and solves users’ problems

·         Accessibility – The product should be convenient for different categories of users

·    Desirability – The product should be attractive and problem-solving. Thereby, it should retain users and create the positive experience which they are ready to repeat.

The website or mobile application which are planned and designed by UI/UX designers are developed or build by programmers or developers. In other words, they just give life to the plan, with the code they create. Programmers can transform the structure and visual performance, which are meticulously planned and created by designers, into the real interface.

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6th Gen Redefines Wireless Technology

With 5G on its way, talks about 6G has already started. 5G itself is about to bring a lot of changes for the users around the world, but what about 6G, how drastic its birth would be? They will process data better than ever before. There will be changes, far too significant than when the wireless technology introduced. They may have a great impact on the future of wireless technology. Read more at: 

https://www.smartdatacollective.com/will-6g-force-cell-phone-providers-redesign-data-servers/

 

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