Data is the most valuable asset for any company and any person dealing with this data needs to be cautious. Modern businesses rely on data. They store, process and access data for information gathering and use it for decision making. According to reports of 2017, a single mistake in handling this data can result into loss of nearly $3.6 million. 

However, data can be loss due to various. Few of them are:

1. Human Error

2. Hardware Failure

3. Theft

4. Online Crime

5. Natural Disaster

The best way to deal with this is to take prevention and keep an up-to-date recovery plan and a 3-2-1 backup strategy, i.e. there should be three copies of data, kept in two different mediums, and at least one of the backups should be off site.

Read about it at: https://www.bigdatanews.datasciencecentral.com/profiles/blogs/five-ways-your-business-is-at-risk-of-data-loss

Artificial Intelligence is the trend and need of this hour. It has already found its applications in many fields. This technology is changing and improving the world at a tremendous speed and for our betterment. There is no doubt that AI is future. However not many of us knows its basic application in Business. Business needs time to time changes to meet the requirements. AI can help and change business in many ways.

Top five way in how Artificial Intelligence can help and upgrade your business are:

1. Cheaper Analytics
2. Hiring
3. Customization
4. Anticipation 
5. Security

Know more about it at:  https://www.techrepublic.com/article/top-5-ways-ai-will-change-business/

Internet has opened up new possibilities for communicating, from emailing and blogging to mobile video chatting. Most businesses now communicate with their customers through multiple online channels. As brands prioritize this digital experience, they often overlook communicating by voice is faster, easier, and more effective than typing messages. According to the advertising and marketing advisory firm BIA/Kelsey, calls to businesses are expected to exceed 169 billion per year by 2020. These calls are 10-15 times more likely to generate a successful sale or follow-up activity than digital form submissions, which means they are more efficient in generating revenue. Voice is central to communication, and because it’s not strictly an online channel, it presents a challenge for brands that treat digital transformation as a matter of generating clicks and website views. The challenge is particularly acute for businesses that operate in categories such as insurance, lending, travel, or healthcare. In these “considered purchase” categories, consumers typically reach out to a brand after conducting preliminary research online, and are thus well qualified to buy. Read more at https://hbr.org/2017/07/your-customers-still-want-to-talk-to-a-human-being

Nobody sets out with a plan to fail, but so often people let obstacles get in the way of their success. They start off towards their goal, full of energy and ambition, and then years later we may find them still stuck in the same dead-end job or dreaming of the life they could have had. The author here, Daniel Milstein, CEO of Goldstar Family of Companies mentioned here that through his own successes in starting up four companies, he figured out a few things that can stall us. They are Time, Lack of Focus, Holding Back, Attitude and Fear. According to the author, one should obliterate the obstacles and move ahead. Read more at https://www.entrepreneur.com/article/297278

Artificial Intelligence is one of the most important part of our daily life from simple features like automatic image tagging to prediction and recommendation in business. AI will begin to learn emotion, better understand human sentiment and solve more complex problems. Soon, companies will be able to automate a large chunk of data analysis, decision making and customer service, allowing employees to tackle the most complex challenges rather than get bogged down in the details. Read more at:https://www.entrepreneur.com/article/290444

In today’s business world, outsourcing of overseas tech support is changing with an Innovative solution ‘TechtoUS’ that helps in eliminating language barrier and allows business and individuals. Local Outsourcing is more cost effective than outsourcing overseas. Overseas tech support is difficult for some people because they pay to businesses to call tech support for them. Read more at: https://www.computer.org/web/computingnow/insights/content?g=53319&type=article&urlTitle=how-technology-allows-your-business-to-outsource-without-going-overseas

Predictive analysis is now coming to the mainstream. Companies are trying to recruit people with the knowledge of maths and economics together with the business. Evolution of analytics is changing its pace. Organizations are treating the data as their key assets and trying to analyze those to gain more from their business. Initially company didn't realize the importance of data analytics. But now it has become a common trend of trusting their data to the cloud as it seems more secure. Read more at: https://www.cio.com.au/article/620089/slow-evolution-predictive-data-analytics/?fp=16&fpid=1

Starting a business needs a huge investment and can be a very expensive venture. So here are some tips to save money, which is going to mean more profits on the other end.

1. Recycle: You don’t need to throw the old products rather recycle them. There are many companies who offer buying new products with exchange of old products in a discount.

2. Using of Laptop: In place of desktop using laptop can save energy and saving money at the same time.

3. Using window seating: Making maximum employee sit near window can improve one’s mood and helps you to save money on energy bills.

4. Trying to work with other business helps you to sponsor your events and you can get a lot more press this way which will benefit your business in long run. Read more at: http://www.business2community.com/finance/help-business-save-money-01789180#ZDASPiHz13oFgDmH.97

In today’s world, Mobile CRM is becoming important as it helps business to grow and succeed. Mobile CRM helps in decentralizing sales force who are out on the road meeting clients and making deals. The advantages of Mobile CRM are - Selling on the go, you can up-to-date information, easily integrates with mobile devices, provides powerful insights and analytics, and IT costs are reduced. Read more at: http://it.toolbox.com/blogs/insidecrm/5-ways-mobile-crm-can-boost-your-small-business-73844

Expansion of business means leveraging client relationships. CRM helps to achieve business growth, CRM provides a solution for achieving business growth and developing client relationships. This article explores how CRM grows your business, which includes boosting agility, increasing revenue and improving efficiency. Read more at: http://it.toolbox.com/blogs/insidecrm/3-ways-crm-helps-to-grow-your-business-73820

Social media is one of the effective ways to build their brands and to influence people to purchase goods and services. While most executives understand the likely benefit of social media, they don't realize the magnitude of the risk it creates. Here are some security tips for use of social media and general online for employees:- 1. Avoid employment disclosure.
2. Teach employees to manage their privacy settings.
3. Implement a workplace social media policy.
4. Don’t ban social media use in office.
5. Train the IT specialist.
To know more, please read the article by Robert Siciliano (CEO of ID TheftSecurity.com)-: http://www.entrepreneur.com/article/241889

Social media is sustaining its pathway to ever growing popularity and ultimate success. Social media success is not just because of the huge audience but for the several factors which keeps it going to the right way. The prime factor is to be social and communicate with the pool of audience. The entrepreneurs use social media to improve business but there is always a need of communicating with the whole lot of enthusiastic audience just to make them feel that everyone belong to the same social media community. The social media is a platform to promote yourself or your organization but in a different way. The posts get valued more if it is a value post than a post of yourself and your organization. So, there is a need to mix and match the posts. The content of the promotion should reach the audience through the quality social media tools. The social media is a place to get the long term benefits rather than getting a high time business for a short span of time. The focus should be on one at a time so that one can master one task at a time. The social media is a place to provide value with benefits rather than just thinking only from the financial perspective.

Read more at- http://www.business2community.com/social-media/5-forgotten-factors-social-media-success-01279423

Businesses cannot ignore the impact of daily mobile use and mobile purchasing, especially given the fact that 85% of Americans surveyed said that mobile devices are important in their everyday lives. Mobile app is the perfect platform for reaching to a larger audience. The mobile-oriented services like Whats App, We Chat and Facebook Messenger are now achieving the top social media ranking spots. To know more, please read this article by OREN LEVY (CEO of Zooz) at: http://www.entrepreneur.com/article/246430 

In spite of being important, big data analytics is yet to be deployed successfully by most of the organizations. Many companies are struggling with how to maximize big data, and properly incorporate the results into something substantial. Results of the survey showed that the investment in analytics was growing rapidly. 64.4 percent of those surveyed said that their firm is investing more in analytics. However, just 12.6 percent of respondents said their company has completed several big data projects. One reason that prevents organizations from moving forward despite understanding the benefits of big data analytics, is the shortage of expertise in the field and with such lack of big data skills organizations are reluctant to take the plunge. It is also a major concern to keep sensitive information from the gathered big data, secured. On the basis of Big data analytics businesses should conduct their own research and see what options best fit their needs. However, technological innovation should be pursued to make big data analytics accessible to ordinary business users as without such innovation business could be left behind. Read more at:http://analytics.theiegroup.com/article/53a04cf93723a81d72000021/Is-Big-Data-Just-A-Big-Problem

Customer service is the key element which decides the fate of a business. If the customers find the employees rude or they don't know what they are talking about the organisation will start losing customers. Irrespective of the business type, customers make phone calls and may want to know the hours of operation or they may have a query about a recent purchase. The customer service department should always follow up with customers in order to show that they care about their customers and they make sure that the product features matches the demand of the customer.Helping them to the car when they have an arm load of products is a good way to show them you care. Helping them decide on which products to purchase and helping them to understand which products will complement each other is another way. To know more go to:http://www.coursepark.com/blog/2012/07/4-reasons-why-customer-service-is-important-for-your-business/

Cloud solutions can help businesses lower total costs and transition from a fixed cost structure to a variable one while freeing up critical IT resources for strategic initiatives and innovation. In case of Cloud applications cloud providers are responsible for the maintenance, operations, and bandwidth of the software and not the cloud customers. Finally, cloud applications are accessed through standard web browsers, providing scalability and agility to the customer. Unlike traditional on premise software applications, cloud applications are located and managed remotely and built with a single code-base customized to the company's needs. Some advantages of cloud computing are: Increased speed in responding to unforeseen events, Easy to get the latest updates, adoption is quick and simple, improved information security, deployment time decreases from years to months, lower risk with subscription based cost model. Increased strategic agility, short deployment times, lower risk and costs - the advantages of cloud computing are compelling. To know more, go to: http://blogs.sap.com/innovation/cloud-computing/6-benefits-of-cloud-computing-032893 

To boost manufacturing and entrepreneurship in the country, Flipkart (Indian e-commerce company)  announced its tie up with Small and Medium Enterprise (SMEs) promotion bodies. Strong data analytics that forms the base of e-marketplaces will help the sellers to improve their products easily and attract more customers. According to the Executive Director of NCDPD (National Center for Design and Product Development), analytics and market intelligence provided by Flipkart will assist NCDPD in improving their products and R&D and also enable the craftsmen to create better saleable products. The objective of this tie-up is to continue helping entrepreneurs to create products according to buyer requirements and grow significantly by expanding their business so that they may become manufacturers not only at a local but also at a national level. Read more at: http://articles.economictimes.indiatimes.com/2014-06-18/news/50678912_1_data-analytics-flipkart-market-data.

Businesses don't want a machine that can do everything reasonably well. But, they want a computer that excels at specific tasks. Businesses are being experimented with clusters of high-density and low-power servers known as microservers. These microservers are suited to the growing workloads found inside modern datacenters. The quantifiable nature of workloads allows microserver circuitry to be paired back to what's needed to execute these tasks. To know more on the microservers, go through the article by Nick Heath, chief reporter for TechRepublic UK.

http://www.zdnet.com/microservers-what-you-need-to-know-7000027388/

Big data analytics is a strong process to enrich any business process. Ford automobile company is applying big data analytics to improve their business. In doing so, they polish the metrics from the company's best processes across myriad manufacturing efforts and through detailed outputs from in-use automobiles-- all to improve and help transform their business. Big data is allowing deeper insights in improving processes, quality control, and customer satisfaction. To know more on this topic, go through the article by Dana Gardner, president and principal analyst at Interarbor Solutions.

http://www.zdnet.com/ford-scours-for-more-big-data-to-bolster-quality-improve-manufacturing-streamline-processes-7000010451/

An article by Brennan Girdler, Associate writer and editor of Chic Marketing, talks about the worst mistake a company can make is - assuming it can handle content marketing. Businesses need to set out on social media with the expectation to reach new customers. Without realizing this goal, a dull business page will likely fall into obscurity and the employee responsible for updating it will stop trying. Social media is a healthy way to communicate with consumers, professionals, and other businesses. While setting out to become big-hitters on a platform, businesses often run the risk of saying the wrong thing. If you're unsure how to approach Facebook, blogging, or website content, find someone who does. Don't bet on the long shot and suffer the consequences.

To know more visithttp://socialmediatoday.com/brennangirdler/2425231/worst-mistake-ever-businesses