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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

Machine learning Applications in the growing e-Commerce Industry

E-commerce is one of the fastest growing industries globally that grew by 18% in 2018. E-commerce is data-driven but there is lack of knowledge and uncertainty in the sector. Several companies got together to address the hindrances and share their views on AI in e-commerce. The director of one of the companies says that AI applications is based on data and bringing out the best insights requires specialized softwares. Most of the time one AI model cannot serve all purposes .The introduction of machine learning here to spot patterns would be beneficial.Another application of AI was an app that allowed users to photograph an item and search for it in the companies database. Often data protection laws make it difficult to gain access to data . On the other hand,data might be available in plenty but companies dont know what questions should they seek to answer.Read more about the challenges and implementations of AI at: https://deepsense.ai/shadows-of-customers-on-the-wall-key-takeaways-from-the-ai-in-e-commerce-business-breakfast/?u

 

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Automotive Mission Plan (2016-2026): Objectives,Challenges and Implementations

The Automotive Mission Plan(AMP) of 2016-2026 aims at making India one of the three leading global automobile manufacturers. An annual revenue of $300 billion in 2026 is targeted. The AMP aims at contributing 13% to the GDP and a creation of 100 million additional jobs to name a few. Basic requirements to be met are safety, quality improvement and technological advancements. The Indian Government has already spent a bulk in this regard. Besides, a target of 7 million electric cars by 2020 with benefits for both consumers and manufacturers is set. Despite a large series of challenges, tax reforms in this sector by the government are a testimony to the fact that the mission is on the right track to be accomplished to a large extent. Read more at: http://www.forbesindia.com/blog/business-strategy/indian-automotive-industry-the-road-ahead/

 

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Challenges for software project management

Software development is a tough job. And what is tougher? Its managing those software projects. Its not enough to know about project management. But what really needed is keeping pace with the oh – so –fast moving IT industry. So here are some challenges that might be faced by the project management team-

1.       Globalization causing extremely high competition

2.       Legacy systems and infrastructure issues

3.       Sufficient software specific expertise

4.       SaaS offerings taking over

5.       Multiple complicated user level requirements

6.       Third-party integration and interface issues

7.       Quality testing and bug fixes requiring numerous software iterations

8.       Revenue recognition reporting requirements for the software industry

 

Read the complete article here: http://www.computerworld.in/feature/8-challenges-affecting-software-project-management

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