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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The Growth of  IoT Market

Adoption of Internet of Things rose dramatically in the year 2016. Factors like the increased numbers of sensors and connected devices, a growing pool of IoT developers, and real-time data and analytics support for IoT systems are a few of the major reasons for its expansion. "The Internet of Things Market", by Aman Naimat, presents a snapshot of IoT culture. It  describes a data-driven analysis of the companies, industries, and workers using IoT technologies. As the volume of data sets grow and more robust computation power evolves and scalability will lead to more IoT breakthroughs which in turn will lead to more  business investment in the future. You can read more at : https://www.oreilly.com/ideas/all-grown-up-the-iot-market-today

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From Big Data to Small Data 

Big data refers to huge amount of structured and unstructured data collected from multiple sources and devices, Explosion of Internet of things is expected to connect 26 billion devices by 2020. There have always been two challenges : Organizing all information in a warehouse so that it can be fetched and processed efficiently . Second processing it in a way that it will provide meaningful results. It turns out only 58% company is understanding the value of their big data solutions. In contrast, small data address a specific problem in limited domains. It tends to focus on log analysis like user behavior on a website. A logging mechanism allows to capture specialized data for business teams and engineers without the need to dig into the ocean of big data. You can read more at : http://www.datasciencecentral.com/profiles/blogs/how-big-data-is-becoming-smaller-than-small-data

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Sigmaway Workshop - IoT

Sigmaway Workshop - IoT

We all have access to the internet these days! Either we want to shop something, visit some place or some other stuff we want to do. We give a surf over the internet. How smart we are.

What if we tell you, your pet, car, lights or any other daily life object you interact with can be smarter? In this era of the internet and computing just being smart isn’t enough, we have to make things smart we should deal them in a smarter way.

Internet of things aka IoT is the technology which deals with the ever-growing network of objects or living being or any other thing that feature an IP Address for internet connectivity and the communication that occurs between these objects and other internet enabled devices/systems.

Sigmaway has designed IoT Sigma Workshop which gives you an introduction towards how to make smart devices and how to let anything be on internet in a very friendly and easy way.

Get Trained in IoT……Build the future.

Contents: IoT Introduction; Raspberry Pi Session; Web Technologies Intro, Live Projects; Online access to key reference material.

Our Key Differentiator: Post training access to online discussion forums and periodic Webinars

Eligibility: No pre-requisites. Students need ID proof to avail discount

Certification: IoT Sigma Certification - On 100% Attendance of Classroom Session and completing task given.

Certification means that he/she is competent in basic Concepts of IoT techniques and tools necessary for development of an IoT Platform. (If you complete our training and then do a live project, we also provide IoT Certification, on review of project report and Affidavit from your organization).

Register at: http://www.gosigmaway.com/events/robotics-iot/iot/29-iot-sigma-workshop-delhi  or email: trainings@gosigmaway.com

Date: 27-28 December, DELHI, India

Address: Unit - 603, DDA Building, District Centre, Plot No. 4, Laxmi Nagar, New Delhi - 110092

 Investment for Students: Rs. 1,500 + 15% taxes

Investment for Professionals: Rs. 5,000 + 15% taxes

 

Early bird discounts also available! And Progressive Discounts for Groups (conditions apply)

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IoT Leading Companies?

IoT Leading Companies?

Several times, I come across students, tech enthusiasts, learners, teachers as well as business owners while going through an IoT workshop/seminars. They find it mesmerizing and amazing but they always ask me is there any venture or organization that is working on this technology? Yes, there are many companies that are working in this technology and doing a great job on it. So, here is the least of some global IoT leaders:

Amazon Web Services:

 

Since, cloud has a very huge role and contribution in IoT, Amazon Web Services is the biggest cloud provider on which you can count on. As we know that cloud is used to store the huge amount of data, AWS offers powerful services to gain insights of that data.

 

AT&T:

 

When it comes to the connectivity, AT&T is the one we have in mind. AT&T also is a key enabler of IoT banking on their Broadband network. This company have their own cloud based IoT development portal named as M2X

 

CISCO:

No one can deny that when it comes to the networking devices, CISCO is a global leader in them. CISCO has developed a range of IoT devices. Starting from switches, routers, fog computing services, up to the data management, security services, analysis and automation.

 

Google:

Massive Search Engine, Self-Driving cars, Cloud functions, and the developer of many more technologies out there. Google have been through a long span of development and already leading the IoT market in form of Google Cloud. Google is in great position to serve IoT consumer applications.

 

IBM:

IBM is making a big push in the IoT market in form of "Watson", its IoT cloud platform for the development of IoT devices, smart products and much more. IBM is hoping to initiate its cognitive technologies in IoT devices. 

 

There are many other market leaders like as Microsoft, Intel, Oracle, Samsung, Siemens, Qualcomm, Mediatek, and many more which are also developing for the IoT and giving up a great push to the technology and smart devices these days, so there is a biggest wave of opportunities is on-going in this era of technology for developers, investors, consumers too"World is digitizing, Are you Ready for it?".

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Internet Of (Every)Thing!

Internet Of (Every)Thing!

The internet makes the world a small place. It brings everybody and everything closer and helps in communication. Customer Relationship Management or CRM as we call it is getting revolutionized by the Internet of Things (IoT). They are now being able to access data from IoT to enhance customer experience and improve services. Companies are able to shift strategies, change decisions in a flick of a second, because all information is now available at the tip of their finger. Read more at: http://it.toolbox.com/blogs/insidecrm/crm-joins-the-internet-of-things-73690

 

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Habits to ensure better IoT Security

Internet of Things or IoT has revolutionized the technology sector. It is the buzzword which everybody is talking about. The idea of connecting every device together sounds exciting. And this trend is obviously on the rise with more and more devices connecting to the internet daily. But one factor which no one is really emphasizing on is the security of IoT devices. So here are some habits which might help achieve the same:

1.       Get a Vulnerability Report from the Vendor

2.       Make Security Patches Part of the SLA

3.       Know Where Your Data Goes

4.       Choose IoT with Remote Firmware Upgrades

5.       Always Use Role-Based Network Access

6.       Encrypt IoT Traffic during Transit

7.       Change Default Passwords

8.       Stay Vigilant Through Constant Monitoring

 

Read the complete article here: http://it.toolbox.com/blogs/itmanagement/eight-habits-for-better-iot-security-73286

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The Complicated Task of Big Data Handling!

Today companies are gathering more and more data but are not certain of what to do with this data. For the last five years, companies are getting in to the big data practices in order to get competitive advantage. Big data is basically using analytical software to visualize unstructured data (data available to the public) and structured data (companies propriety information) .This visualization does wonders, it gives predictive sales figures, future prospective of the company and sales target .Gathering information is getting simpler with the emerging software & IoT; but sorting and filtering the huge pile of data is a complicated process.

According to a new report, an analyst spends about 50-90% of their time in just cleaning and filtering the raw data. Companies can solve this problem by improving the data software where data can have lower level of risk for data scientist and algorithms can help in data cleaning.

To know more: http://www.zdnet.com/article/big-datas-biggest-problem-its-too-hard-to-get-the-data-in/

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Security for Internet of Things

The internet of things (IoT) is coming in a big way. This means that in a few years’ time, almost everything you own or do will be connected to or available on the internet in some way. The security of information must be built into the IoT, otherwise it will be chaos. This article covers three things that we need to consider with regard to security of information. Read more at: http://it.toolbox.com/blogs/datasecurity/security-in-the-internet-of-things-70940

 

 

 

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Exploring CRM technologies

Nowadays, advancements in customer relationship management technologies are more customer-focused. Social media have created an environment where companies need to focus on delivering the best experience possible to their buyers. CRMs are now built to accommodate the insights from Internet of Things (IoT) connected devices, third-party vendors, and other sources for understanding the prospects and customers. This article explores different types of data necessary for customer understanding, and the way CRM can serve as a center for insights. Read more at: http://it.toolbox.com/blogs/insidecrm/does-big-data-equal-huge-personalization-exploring-big-data-insights-for-crm-70218

 

 

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Connected Cars: IoT and the Automotive Sector

Internet of Things has become the second name for futuristic technology and advancement. Automotive sector has always been the first to absorb sophistication. With increasing propagation of embedded in-vehicle connectivity and smartphone integration platform, connecting automotive technology with phones, watches and computers will be a rage. Connected cars, as we might call them, will be extremely helpful in combating traffic congestion, reducing fuel consumption and road accidents. But, with this huge opportunity comes challenges like affordability, threats like malware, odometer fraud, hacking etc. Todd Franks in a blogpost in CloudTweaks believes that connected cars will definitely be the future of automobile industry. For more insight please click the link http://cloudtweaks.com/2015/07/connected-cars-the-challenges-and-benefits/

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Social media in context of business

Social media and networking sites are helping businesses and companies to grow. Social media not only helps as a platform to communicate with the customers and build up a brand reputation, but it also helps the way business is run. It also helps business enterprises to collaborate across departments, offices, countries, and with other business houses as well.  According to a recent studies, social media analytics along with predictive analytics is going to be the most effective technology for business development. Its impact will be greater than internet of things and mobile payments. So, embracing this aspect will be necessary for a business to survive. To know more, read: http://www.cio.com/article/2937401/social-collaboration/how-collaboration-tools-can-turn-your-business-into-a-social-enterprise.html

 

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Things to know about PaaS

In the last few years, the PaaS (Platform-as-a-Service) market has seen an explosion. Organizations are now looking forward to receiving, processing, storing and scaling data and PaaS is making all these possible. Here are five things one should know about PaaS:

(i) PaaS benefits not only start-ups but also other organizations. 

(ii) PaaS platforms differ widely with different architecture and languages. Applications can be developed in languages tailor-made to suit the needs of individual businesses.

(iii) PaaS and DevOps (software developed in response to an interdependence of software developers and other IT professionals) intersects at the point of delivery. Thus, both can work together.

(iv)  PaaS is a safe and secure option for storing and processing data. It also supports important security standards.

(v) PaaS serves as one of the critical components for building applications for IoT. Read more at: https://channels.theinnovationenterprise.com/articles/7964-paas-five-things-you-didn-t-know

 

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Realities of an interconnected world: internet of things

The internet of things is a name for the growing network of physical devices which have sensors to collect and exchange data with users or other devices. Such information is used for personal convenience. Collecting such information can help make lives easier. Companies are collecting the data not just for improving standard of living but also form themselves. This helps advertisers know every bit of information about the consumers regarding what they do, when they do and how they do it. The government is way behind in understanding what actually the internet of things is and companies take a more active role in putting security in place before they get ahead of themselves with data collection. The reality is that developers are thinking about what they could do rather than what they should do with it. The main focus should be on user’s privacy maintenance so that their information is never at risk while commercial efficiencies are also realized.
Read more at: http://www.smartdatacollective.com/semcasting-emory-paine/332361/internet-things-realities-interconnected-world?ref=popular_posts

 

 

 

 

 

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Six Trends To Become Disruptive

Digital disruption, adopted by several agile institutions has serious impacts on their customers. They have been successful in creating winners and losers.

According to the author, six things to be kept in mind for disruption are:

  1. Thing 1 and Thing 2 - The Internet of Things will get modified in the upcoming years thereby benefiting the customers.
  2. You are what you wear - Nowadays, humans are becoming technological. Wearables benefit customers and brands with better products. 
  3. Don't show me the money - Apple Pay helps the customers, banks and brands with better security and convenience.
  4. Growing importance of phone - With the rising importance of mobile phones, brands are required to embrace a real-time mindset.
  5. We're all publishers now - Social media directs the market forces.
  6. Self -driving cars- Self-driving cars would reorganize roadway security.

Read more at: https://channels.theinnovationenterprise.com/articles/7830-let-s-get-disruptive-a-cmo-s-view-of-the-future

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Data Quality Help Companies To Incur Profits

Data is the most crucial component of every organization but lately some businesses have started to deal in data. Therefore we need to focus on some basic steps before we begin to trade data and they are as follows:

1. Selling and Accumulating data - Companies that are engaged in selling data have suffered from serious adverse criticisms. If an organization has more data, then it has to bear higher risks and management costs.

2. Making Sense - Big data improves business efficiency and has assisted in the Internet of Things but management costs have to compensate against the money made.

3. Making Money - Organizations search for suitable techniques to create money from data.

4. Risks and Returns - Data helps to improve the quality despite of the risk aspects associated with it.

Read more at: http://www.business2community.com/big-data/can-businesses-profit-data-quality-01275752

 

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The Next Big Thing: IOT Based Pizza Delivery Drones

Make way, its drone landing on your terrace with your favorite pizza. That’s how your favorite pizza outlet might advertise in a few years down the line. IoT based drones for pizza delivery is going to be the buzz for both pizza vendors and consumers. You get your pizza faster, it’s not soggy and sizzling hot direct from oven to your home. Scott Andreson, Director of consulting Services at CGI, in a post on Cloud Tweaks give us fascinating insights about this new possibility, the challenges which are likely to occur and of course there will be a few solutions too.  All you pizza lovers and technology aficionados hit the link to know more http://cloudtweaks.com/2015/06/hot-emerging-trends-the-pizza-delivery-drone/

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The Progress Of The Digital Supply Chain

Organizations along with their partners needs to participate in the supply chain - from suppliers to customers in order to fully exploit their business relationships. The route for management of supply chains is high speed communication and cooperation. The digital supply chain helps to build trust and improves transparency and efficiency. The Internet of Things (IOT) is crucial for facilitating supply chains in future. It uses sensor-embedded equipment in order to convey data about the parameters and this boosts performance and safety. Predictive analytics is also a blessing for the supply chains. However the most significant aspect of a digital supply chain is social media. Some businesses integrate social technology with business transactions thereby leading to an increase in transparency.

For further details on this study, please follow the link: https://channels.theinnovationenterprise.com/articles/the-development-of-the-digital-supply-chain

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Spread Of Internet Of Things (IOT) In Future

 

The Internet Of Things (IOT) ) affects the way in which the enterprises interact with their customers. With the sole motive of customer satisfaction, it is crucial to note how the future would appear for the customers and the best ways of satisfying them and they are as follows:

  • It is recommended to go for smooth transformation of customer experience and provide the customer with maximum profit. Focus groups and customer feedback helps to maintain it.
  • Usually customers take time to embrace new technology and hence provision of information would facilitate easy usage.
  • The platform is also important because a big platform can destroy a customer experience and relationship.
  • It is necessary to get initials and continuous stakeholders as they will generate speed into the project.                                                                   

Read more at: https://channels.theinnovationenterprise.com/articles/7667-planning-for-a-future-state

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Smart Bottles for Smart Consumers

It's technology on the rocks for whisky lovers. Diageo using new technology to improve its customer experience. They have created a label (read sensor) that will create smart bottles for their whisky. Laura Denham, International Events Director at Innovation enterprise, enlightens us with the smartness of smart bottles. 

• Well, it gives specific information about the whisky helping the customer to select their best fit.

• It helps detect any kind of tampering with the bottle. Fake products will be a history.

• These sensors can’t be cloned. 

• Help track the journey of the bottles and reduce supply chain wastage. 

For more, follow the link http://channels.theinnovationenterprise.com/articles/whiskey-the-internet-of-things

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