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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

Technology is Intruding The World of  Natural Resources 

Technology in the natural resources business is changing the environment for producers of major commodities like oil, coal, iron ore, natural gas, and copper by giving them better opportunities for increasing the production and lowering the cost. Combining robotics, internet-of-things technology, and data analytics with macroeconomic trends and changing consumer behavior will enable the producers to efficiently use the energy. Technology is also helping the consumers to utilize the energy in their homes, offices, and firms more efficient. Development of technology is also helping in reducing the transportation and electricity cost, increasing the safety of the miners, providing advanced forms of grinding and grinding of many metals and accessing the mines and wells which were once unexplored. By using the existing and new technology, the productivity, efficiency can be increased. The extensive use of technology in mining is not an easy process and will take a lot of time but its reward will be very attractive. Read more at: https://hbr.org/2017/06/how-the-natural-resources-business-is-turning-into-a-technology-industry

 

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Can Political And Economical Unpredictability Be Fought Back By Big Data?

Nowadays, the big data and analysis are in demand as the political and economic conditions are full of uncertainties. Organizations of Asia Pacific are investing rapidly and heavily in digital labor, cognitive automation or robotics process automation to make them technologically advanced and place them ahead of the rest of the world. According to a CIO Survey, it was found that many technology executives are turning this uncertainty into opportunity and are becoming the driving force in making their organizations nimbler and digitally innovative. Technology leaders are becoming influential, as chief executive officers and boards turn to them for help in navigating through these uncertain times. The global security crisis has increased the demand of technological improvement. Read more at: http://www.todayonline.com/business/big-data-analytics-skills-hot-demand-amid-tech-boom

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Contactless Payment or Wearables: The Future

It is believed that payments enabled by QR code or carried out through NFC-based cards will gain popularity. In India, wearable technology like smartwatch is restricted to fitness purposes and contactless technology in the field of payments has been introduced with the trend of pay using NFC technology. If a debit or credit card is NFC-enabled, one can near a PoS machine that also boasts of the same technology. The debit cards of the NFC-enabled chip cards, requires one to wave and pay with wearable or contactless payments, but security is a big concern. The idea of a card being stolen still exists and the prevention of misuse should be taken into account on priority basis while building these products. Security Concerns such as Remote Access must be addressed. Read more at: https://www.entrepreneur.com/article/295401

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Connected Cars: Assured Possibilities

Statistics shows that 93% of Road Accidents happens due to the mistake of a driver. Very soon there will be a new breed of cars called ‘connected cars’ because of IoT becoming a Mainstream technology across the world. These cars will be smarter than computer. They will have Innovative business models, cost reduction and competitive edge. Benefits of Telematics and Vehicle diagnostics, Autonomous Infotainment, Safe Driving, Commercial benefits for car Manufacturers, Predictive Maintenance, usage Based Performance can be received. With connected cars, driving around bottlenecks the journey can be a whole new experience. The Future Cars will be intelligent enough to keep drivers drive safe and also to take care of themselves through data analysis. Telematics and sensors will also allow passengers to control the car entertainment console, navigation, climate controls, etc from their Smartphone. Read more at: https://www.entrepreneur.com/article/295399

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Internet Problem that Needs to be Solved

The internet has now become an important part of our life. Looking at the past, we can see how the internet has developed over the years and made our lives faster and connected. But there are a number of problems that we need to solve for maintaining what we have achieved. Biggest Issues: i) Global Inconsistencies in Internet Availability ii) 30-40 % Annual increase demand for Bandwidth iii) Unexpected Fluctuations in use iv) Cybercriminal Access because it's available to all, so more potential targets v) Overreliance on Major corporations vi) Patchwork Fixes. It requires collaboration from multiple industries and multiple companies, from major internet providers to tech companies and even governmental organizations to make the infrastructural and cultural changes necessary to improve the internet's future.Read more at: http://www.datasciencecentral.com/profiles/blogs/the-6-biggest-internet-problems-we-need-to-solve

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Can IoT dodge the barriers ?

The basic premise behind the IoT is to connect everyday objects to the internet through tiny sensors, allowing them to communicate with businesses, consumers, and each other.

While hearing about the Internet of Things doesn’t necessarily signify a consumer would not use an item connected to the IoT, the survey results show a lack of awareness and understanding about what can be gained from it.

The Internet of Things sounds good in principle, giving consumers unparalleled convenience and access to the latest technology, but there is one requirement that can’t be ignored: the internet.

One idea for the Internet of Things is to place sensors on roads, traffic lights, utility grids, and buildings, but doing so represents an expensive venture.

Read more at: https://www.smartdatacollective.com/potential-hurdles-limiting-internet-things/

 

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An extraordinary age of Data-driven discovery

 IBM announced last week it has moved its cognitive computing system into the cloud to form the Watson Discovery Advisor, allowing researchers, academics and anyone else trying to leverage big data the ability to test programs and hypotheses at speeds never before seen.

 

"I think there have been a number of ways that we have improved the system since Jeopardy", said John Gordon, vice president of IBM Watson Systems.

 

IBM has been honing Watson's capabilities over the last three years, reducing its size and upping its power since its famous appearance on "Jeopardy!" in 2011.

 

 

"Part of Smarter Cities was working with different municipalities and governments to determine how technology could help them provide better services to their constituents", Gordon said.Read more at: https://www.fedscoop.com/watson-cloud/

 

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Tips to make Career Transition to Technology Simpler

Career opportunities in the technology sector are increasing. Technological sector, like any other sector, needs employees in finance, marketing, sales and human resources. In case of a transition in career, an experienced field can be chosen. Knowledge and skill never go to waste. Four career transition tips are mentioned here. 1. Focus on soft skills because no matter what sector you work in, it is a key factor. 2. Use networks to make connections in the sector. 3. Do your homework and gain knowledge in your field. 4. Identify and prepare a narrative of your strengths that will be useful to the sector. Read more at: https://www.forbes.com/sites/davidkwilliams/2017/06/04/making-a-career-transition-to-technology-its-not-rocket-science/#98ef669474c7

 

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Current demand for the data scientist job

The data scientist focuses their efforts on developing analytics solutions that solve a specific and unique business problem. The primary reason for this declining demand, according to the author was that increased automation and operationalization of business processes will not require the technical skills of the data scientist. IT individuals steeped in the more traditional computer science discipline are trained and developed to focus their skills on developing solution that streamline business processes. Creating a technological environment which allows access to data and the potential for increased automation is the role of IT. This kind of scenario is simply going to increase the demand for both data scientists and IT in our Big Data world, regardless of certain opinions on the declining importance of data science. .Read more at: https://www.smartdatacollective.com/demise-data-scientist-heresy-or-fact/

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Dear president , Sleep more Tweet less!

It’s no secret that President Trump prefers tweeting over talking to the public — particularly when nearly everyone else in the country is fast asleep.

Trump’s Twitter archive shows that some of his angriest and most flamboyant accusations are issued early in the morning.

For most people, the middle of the night and the very early morning are not great times to make decisions, to say nothing of making policy pronouncements or political commentary.

At those times, you are likely to be close to so-called REM or dream sleep, which we all know brings about intense and often distorted emotions and thoughts, often about the events in our everyday lives.

These are times for reflection, not for social media.

 

A bit of unsolicited medical advice for President Trump: For the sake of the nation, stop tweeting and go back to bed.Read more at: https://www.nytimes.com/2017/06/05/opinion/mr-trump-stop-tweeting-sleep-deprivation.html?rref=collection%2Ftimestopic%2FSocial%20Media

 

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Data preparation for machine learning

With all the talk about predictive machine learning and deep learning applications, one can lose sight of the data engineering, some might call it data art that is needed to prepare the data to work on. Many questions go into the planning for deep learning applications like should the processing be disturbed; how much noise obscures the signal arriving from internet of things devices such as cell phones. In the case of mobile phone sensors, data preparation for deep learning applications can present unique problems, data preparation can involve considerable preprocessing. Insurance and other industries are entering the golden age of sensor data, but the data needs preprocessing because the data initially is very noisy. Given the Data, the algorithms will figure out the right transformations of the data. Read more at: http://searchdatamanagement.techtarget.com/news/450419925/Data-prep-for-deep-learning-applications-means-careful-planning

 

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Netflix on a cancellation binge

Is Netflix about to set forth on a cancellation binge? A week after it axed “The Get Down,” its expensive single-season music drama, Netflix announced Thursday that it was canceling its sci-fi drama “Sense8” after two seasons.

After 23 episodes, 16 cities and 13 countries, the story of the Sense8 cluster is coming to an end.

Netflix has poured billions of dollars into original TV shows, and it has only canceled a small fraction of them.

But the company’s chief executive, Reed Hastings, recently suggested this was something they might be prone to do.

 

“I’m always pushing the content team, We have to take more risk, you have to try more crazy things, because we should have a higher cancel rate overall,” he said Wednesday in an interview with CNBC. Read more at: https://www.nytimes.com/2017/06/01/arts/television/sense8-netflix-canceled.html?rref=collection%2Fsectioncollection%2Ftechnology&_r=0

 

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Robotics-A New Dawn in Agriculture?

Salinas Valley in San Francisco is adapting to a new technology in its agriculture. Robots with water knives have come into the picture. With increasing population and an ageing workforce,automation is a necessity to feed the mass. The technology does not aim to replace the farmers, but it works hand in hand for rapid effective production. The firms are modifying their products to cope up with the technology. Soil sensors are used to tackle the crisis of water. The ocean level is rising and with the ever-growing population,automated farming is the only way forward and Salinas Valley will be the pioneer of a revolution that is set to take place around the globe.Read more at: https://www.wired.com/2017/05/robots-agriculture/

 

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Latest Technology In A Modern Car

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To achieve technological singularity

The computing power is growing by each day. Technological Singularity describes the transformation that could be noticed because of an intersection between humans, technology, and artificial intelligence. This concept has been modified over the years and has been a subject to research. Theories suggest that technologies will take over the humans. This is an era where human intelligence will become increasingly non-biological. Post singularity improvements are predicted and changes are expected to introduce machine speed and intelligence. Post human literally means humans and technology will become interlinked. In the upcoming years, humans will completely expand the capacity for intelligence of the civilization. Read more at: http://analyticsindiamag.com/technological-singularity-can-achieve/

 

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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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IT operations: problems and solutions

The main responsibility of DevOps and IT operations teams include solving problems and facing challenges which is becoming tougher by each day. This is where real-time and centralized log analytics come to the rescue. It helps them in understanding the essential aspects of their log data, and easily identify the main issues. While Artificial Intelligence (AI) was a big thing a few decades ago, it is now being commonly used. As IT operations becoming more complex, AI is becoming a powerful and essential tool. One solution can be to have a platform that has collected data from the internet about all kinds of related incidents, observed how people using similar setups resolved them in their systems and scanned through your system to identify the potential problems. Cognitive Insights can be introduced, this technology uses machine-learning algorithms to match human domain knowledge with log data, along with open source repositories, discussion forums, and social thread. Read more at: http://readwrite.com/2017/05/15/artificial-intelligence-transform-devops-dl1/

 

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How to Survive Artificial Intelligence

AI

Artificial intelligence (AI) is going to steal your job and. If we do not prepare now, we may face a future where AI runs free and dominates humans in society. The AI revolution is going underway. So, how to survive the AI revolution. First, recognize AI. It is already here. For example, Google suggestion, Facebook timeline ranking, YouTube suggestion are some of the examples of AI. Second, identify where it is growing. AI is particularly good at any task that requires an enormous amount of repetitive processing. If this is your job, then it is the time for looking for an alternative for survival. Third, plan an action for AI revolution. One thing you can do is oppose this AI or just make yourself comfortable with it. In other words, be ready to upskill where possible. AI can learn very well, but it cannot learn flexibly (yet). You can. There are new jobs now available that did not exist five years ago. So if you allow AI to grow, you will find that it will help to increase your standard of life given that you prepare well. Read more at: http://dataconomy.com/2017/05/survival-guide-ai-revolution/

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How to Protect Your Internet Browsing Data

how-to-protect-your-data

People think that they are safe when they use Incognito Browsing. But this only stops the browser you are using from keeping a record of the websites you have visited; your ISP will still know where you have been online. Your browsing history is used for targeted advertisement. Companies like Facebook and Google sell this data to advertisement companies. So, your data becomes extremely vulnerable to these companies. So how to stop these companies from Stealing your Personal Data? Here are some suggestions: (1). Using A VPN (Virtual Private Network). A VPN first encrypts your data then send it to the database, making it impossible to read the info for anyone. (2). Using a different ISP (Internet Service Provider) may be a better idea. Because not all the ISP are safe. (3) The Tor project is a nonprofit organization that conducts research and development into online privacy and anonymity. It is designed to stop people, including government agencies and corporations, from tracking your browsing habits and location. Read more at: https://www.entrepreneur.com/article/292646

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New Innovation and the Role of Marketers

Digital Innovations have caused many companies to flourish and many companies to perish.eg; the newsprint industry. In fact, any industry can be disrupted by an innovation. Three important things that marketers generally overlook these days are: i) Getting up-to-date with the latest tech is not enough. You need to plan ahead. ii) Always stick to the business model instead of sticking to the mission. iii) Publishing frequency is no longer the key to keep busy the audiences. The best way to be ahead of the crowd is to publish something great that will really engage the customer. Read more at: http://socialmediaexplorer.com/content-sections/tools-and-tips/three-key-things-marketers-overlook/

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