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

What does Artificial Intelligence has for education

Our world is somewhat running on artificial intelligence. Siri, Facebook, computer stocks, self-driving cars or what not. But there is one field where AI is really lacking and that is education. The most      challenging task will be: Virtual mentors for every learner; Addressing 21 century skills; Analysis of interaction data; Provide opportunities for global classrooms; Lifelong and like wide technologies. Technologies like Intelligent Tutor Systems, content delivery support systems are what required. Read the full article here: http://www.forbes.com/sites/barbarakurshan/2016/03/10/the-future-of-artificial-intelligence-in-education/#6315deb21e64

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Medical Advice though Facebook

Chatbot technology has been the hype of 2016, with Facebook taking the charge. With Chatbot becoming the future assistants we all will need, now even medical advice will be available through the Facebook messenger.

Online doctor consultation platform Lybrate on Monday, released a chat bot for having a virtual online consultation with your doctor.

Lybrate, founded in 2014, with 100000 doctors on its platform, across 50 specialties, For more details on the chat bot,

Read More : http://www.businesstoday.in/technology/news/now-you-can-chat-with-a-doctor-on-facebook-messenger/story/232089.html

 

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Court orders woman to open her Locked Iphone for FBI

Through a Los Angeles court, the FBI recently obtained a warrant forcing a woman to unlock an iPhone equipped with Apple's Touch ID fingerprint technology, according to a report.

The woman, Paytsar Bkhchadzhyan was charged with identity theft and was sentenced on 25th February. Before she was taken into custody, U.S. Magistrate Judge Alicia Rosenberg approved a warrant forcing the Touch ID unlock.

The Fifth Amendment implies that no person can forced to supply a password. Invasion of privacy for the justice of the world. Which should be preferred? 

Read More: http://appleinsider.com/articles/16/05/02/los-angeles-court-orders-woman-to-unlock-touch-id-equipped-iphone-for-fbi

 

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Take a stand or get perished: cyber security mantra

Take a stand or get perished: cyber security mantra

Cyber-attack on Sony pictures in 2014 has clearly indicated that the hacktivists have enough technological supports to sabotage one of the most secured service section and business giants. The U.S government suspects that Chinese hackers are penetrating the government's Office of Personnel Management (OPM) last summer as it exposed almost 4 million Federal employee records, including social security numbers. These all instances which prove that these hacktivists are mostly concerned about the sensitive data. The Department of Homeland Security's (DHS) Einstein system is used to find out who committed breaches. Deeper insight in cryptography is therefore required.

To read, follow: http://www.extremetech.com/extreme/225114-the-cybersecurity-threat-are-we-protected-yet

 

 

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New trends in job posting

A recent study by MIT University shows that there is a 78% increase over the past three years in the job posting related to analytics and this led universities to launch specialized program in Master in Business Analytics. Nowadays, data analytics are used in marketing, finance, health care, logistics, insurance ecommerce, manufacturing and government services. To know more, please read the article by Michael Norton (Writer at lowellsun.com)-: http://www.lowellsun.com/business/ci_29635724/mit-reports-spike-analytics-job-postings

 

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How social media will help you to get recover from traumatic experiences

Social media enables us to reach transplant survivors and families far from them. There are many people who use social media to help manage their health like "My Transplant Chat Group" and many networking accounts to attract people who share their health concerns. There are a lot of healing and help, as individuals share their experiences, answer questions and provide moral support. To know more, please read the article by Sharon Brennan (freelance writer and journalist):  

http://www.theguardian.com/society/2016/mar/01/social-media-control-illness-online-health-forums

 

 

 

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Big Data analytics changing the aviation Industry

Big Data analytics changing the aviation Industry

In the aviation industry, aircraft maintenance and safety is always on high priority. With the increase in air traffic and air passengers, aircraft maintenance and repair firms are utilizing predictive analytics integrated with the Internet of Things (IoT) to predict component failures and pilot stress level. Firms are developing a solution that can predict the likelihood of a component failure which can help to replace the part before it fails. In future, by analyzing breathing patterns of pilots before they board the flight, will help to monitor the stress level. To know more, please read the article by Jonathan Ananda (Writer at The New Indian Express) -: http://www.newindianexpress.com/business/news/Data-Analytics-to-Make-Flying-Safe-for-Pilots-and-Passengers/2016/03/16/article3329532.ece

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mage Source - : https://pixabay.com/en/oldtimer-aircraft-take-off-aviation-1010805/

 

 

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How to break a wall created by social media

How to break a wall created by social media

According to a research, half of the respondents perceived their social media as a business liability.  Social media can impede professional progress or even halt Errant social media profiles typically fall into one of the following categories: -
• Inaccurate- From job titles to worldview, inconsistencies among various social media tools are really easy to expose.
• Sparse- Experts suggest that if we can’t dedicate the time to be active on a platform, then delete our profile entirely.

• Overwhelming- People who view our profiles wonder if we are on social media 24/7, leaving no time to be productive on other projects.
To know more, please read the article by William Arruda (contributor at Forbes): -
http://www.forbes.com/sites/williamarruda/2016/03/13/how-your-social-media-profile-is-holding-you-back-and-what-to-do-about-it/#42006a4a2d83

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Highly anticipated developments in the field of Artificial Intelligence

The future of AI is filled with amazing opportunities. Alan Turing designed the Turing machine about a century ago. It is expected that in the coming times the machines will pass the Turing test. The AI machines are being expected to use all the five human senses. Governments from all over the world are planning to make simulation models which make use of big data as input to predict the criminal or terrorist activities. AI has been improving human lives by uplifting the healthcare and medical facilities. To make the computer - human interaction more natural, scientists are working on the Natural Language Processing Algorithms. Read more about it at: http://nerdsmagazine.com/artificial-intelligence-five-highly-anticipated-developments/

 

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Analytics changing the future of enterprise

Wave analytics platform is one of the key product sets of Salesforce. When Salesforce first launched the Sales Wave analytics app it had an inbuilt packaged application Wave platform. A platform seems to be quite challenging in terms of its requirements, implementation, price of entry etc. So the company doesn’t sell only wave platform but also the analytic app and it has brought a radiant result. The app can be implemented very quickly and it has reasonable price. The company has significantly matured the tooling and product to render dashboard and make the platform easier for business analysts. But the main challenge is getting the right data and taking advantage of machine intelligence to automate elements of the analysis. Salesforce has introduced a self-service data prep console in the Wave platform. It focused on user specific cases. To capture the enterprise analytics, market vendors must do the part of building an analytics application. For more read : http://diginomica.com/2016/03/08/salesforce-wave-and-the-future-of-enterprise-analytics/

 

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Exploring the basics of Exchange Traded Funds

Exchange traded fund (ETF) is a fund that trades on an exchange like a stock. It is traded in bundles basically because it becomes difficult to sell 10, 20 or 50 shares. An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day. Large financial institutes are known as AP’s (Authorized Participants).They partner with an ETF provider and create an initial fund share which is then made available for investors. AP also helps in stabilizing the price. When demand increases, ETF price increases and thus the AP buy security to meet the demand and vice- versa. To know more, you can read the following article by Matthew Tucker  

https://www.blackrockblog.com/2016/01/27/etf-strategy-new-year/?cid=blog:stressed:matt

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The Indian IT industry: Leverage through Mobility of Resources

Movement of resources across the border or migration is very significant for the growth of global market. And, the best resources that India has today are its "Talented People". Therefore, global portability of its best resources i.e. people will increase forex for the country. The Indian IT industry, in last three decades, has achieved a lot. It has made its mark in many successful global projects which includes innovative and cutting edge products, software, programs and apps . Today, most of these Indian IT companies, work on "Outcome- Based Model", which reinforces the fact that number of employees and their location is not a matter of concern now. To conclude, it can be said that, India will continue to generate globally greater revenue and impact through its IT industry. You can read more about the global impact of Indian I.T services in the following article by the former CEO of HCL Technologies, Mr. Vineet Nayar.

Click here  http://blogs.economictimes.indiatimes.com/et-commentary/does-the-it-industry-need-to-mobilise-its-best-resources/

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What is the future of Artificial Intelligence?

Artificial Intelligence or AI is the science to make machines as smart as humans. When a machine can think and behaves like human we call it an intelligent machine. It's been trending a lot from past couple of years. We have seen robots, intelligent chess games where champions got defeated by machines. But what does future hold for Artificial Intelligence?  Experts claim that AI will soon be coming with technologies in healthcare, automation, finance that will change the way technologies are used now. Machines with power to take thousands of complicated decisions in nanoseconds will revolutionize the industry. Read more at: http://www.cio.com/article/3025161/robotics/what-does-the-future-hold-for-artificial-intelligence.html

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Pros for doing Data Driven Marketing Accurately

Some of the pros for executing data driven marketing efficiently are:-

1. Joint collaboration with IT department and marketing team is the key to achieve efficiency.

2. Hiring an industry analyst, professor or data scientist to review the data before publishing is necessary to check accuracy.

3. Planning the data collect and analysis before starting the project will help immensely.

4. It is important to focus on what the data means and what are its implications.

5. In order to increase exposures create strong relations with media and analyst (to find out what kind of data suits best for them) before publishing the data.

6. Company should decide whether they want to invest in product growth or data marketing.

7. If the company doesn't have data they don’t need to invest in costly data gathering procedures. Inexpensive tools are easily available.

To know more, read article by James A. Martin on the link : http://www.cio.com/article/3052442/marketing/how-to-do-data-driven-marketing-right.html?page=2

 

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Grass root inhibition policy to ensure greater cyber security

Grass root inhibition policy to ensure greater cyber security

Cyber-security is becoming the most trending topics in organizational context. So a proper understanding of cyber-security measures and preventive learning is necessary. Institutionalization of security methodology should be in the key priority. Some institutes provide a set of free hands-on, e-book lessons designed specifically for teens to learn cyber-security and critical Internet skills. This training enables the learners to challenge hacktivist with improvised measures and safe guard protocols. Some Cyber security company provides free five weeks training on how to secure online browsing. We need to list all possible threats and nullify by secure web browsing and cyber activity. In a research it was also found that there are one million cyber security jobs in 2016 which is growing at a rate of 36.5% through 2022. Read more at: 

http://www.forbes.com/sites/stevemorgan/2016/03/20/hacker-high-school-teaches-cyber-security-skills-to-teens/#41440ab669b6

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Social media will change T20 world cup experience

Social media will change T20 world cup experience

T20 World Cup is taking place in India and people can't be more thrilled this year. The Indian team is doing quite well. Here are some social media platforms planning ahead for the world-cup: -
• Facebook: - Facebook Live, a live streaming service to find a closer behind-the-scene experience. FB are planning to show stadium experience, press conferences of post-match, players Q & A and many more.
• Instagram: - You can follow the hashtag WT20 as all the players and teams will upload the photos and videos with this hashtags.
• Twitter:- Twitter launched special emojis for every country in the form of hashflags apart from WT20, AskTheCaptain, and WorldT20Heros.
To know more, please read the article by Ivan Mehta (Tech News Editor)
http://www.huffingtonpost.in/2016/03/14/t20-world-cup_n_9452422.html

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Kerala election relying on social media

Politicians are leveraging their campaign online and now it is being used primarily in the forthcoming Kerala election. Candidates are spending a considerable amount of money to make themselves visible on the social media. Candidates want a website and social media accounts of their own ahead of the May 2016 elections. Several IT firms are approaching candidates who have been asked to create websites and also a social media page.

To know more, please read the article by Vicky Nanjappa (Special Correspondent): -
http://www.oneindia.com/india/how-much-will-kerala-politicians-rely-on-social-media-2040299.html

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Social media help in predicting Natural Disaster

An International scientific study has extended research into the use of social media as a tool for monitoring, evaluating and even predicting levels of economic damage caused by natural disaster. Twitter is useful for real time monitoring and prediction of the economic impact of disasters. To know more, please read the article by Daniel Oberhaus (contributor in Motherboard): - http://motherboard.vice.com/read/can-social-media-predict-disaster-damage-better-than-relief-agencies

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Artificial intelligence is the new trend in business.

Artificial intelligence is the new trend in business.

Artificial intelligence is the most powerful tool. It can be used in any industry.  A smartphone can act as a personal tutor i.e. artificial intelligence can not only be used to teach, but also get to understand learning style, strengths, and weaknesses. In the healthcare industry, AI helps a doctor or nurse to chat with the patients and recognize the symptoms at the tap of a button on your smartphone. In transportation system, AI is used to understand their customer's need and provide better service. As a whole AI is the next stage of human excellence.

To read, follow: http://www.businessinsider.in/The-cofounder-of-Uber-told-us-how-artificial-intelligence-could-revolutionize-the-world/articleshow/51434466.cms

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Knowledge gap series : The myth

An analytical model takes time to capture data from environment to give a representative distribution. Machine-learning technologies will analyze the data. They try to determine an appropriate distribution. Statistics, analytics, and machine learning are some tools that will help resolve security problems faster, and with fewer resources. This will influence the next wave of automated and predictive defenses. If it is implemented properly, the security benefits of big data analytics will be huge. For more read the article written by Celeste Fralick (Partner Perspectives): http://www.darkreading.com/partner-perspectives/intel/knowledge-gap-series-the-myths-of-analytics-/a/d-id/1324602?

 

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