All posts by Bitscape Team

Cloud_Collaboration_Tips

Cloud Collaboration Needs To Use For Business Betterment

The Could collaboration can be one essential method of sharing the computer files with cloud computing. The documents that are uploaded to the cloud storage from where these files can be used and accessed by others. With the help of this software, your work becomes easy at one end. For accomplishing the targeted tasks, al should have to meet. This software helps business to handle meetings, editing files and transferring files which is done on the effective base.

A Cloud Software is an innovative and latest type of software which is based on the Cloud Computing Services. In this service, you can store and upload documents on the central cloud, unless it is accessed by someone. Settings can also change as per the situation so that it can be allowed to use another member to collaborate, comment and upload their own data. Due to its specialties Cloud collaboration has become the choice of several companies.

Cloud_Collaboration

Here are some benefits of Cloud Collaboration why it needs to use by the company:

It Enhanced The Organization:

As the files and other documents stored or upload in the central cloud, it helps employees to get work on these files and documents, not matters to send the latest version to every team member.

Allow Higher Participation Levels:

A number of accessed projects can offer employee participation in the higher level. With the help of Cloud collaboration software, the group people get the similar opportunity to input at any time and place.

Provides The Actual Time Updates:

This software benefit team members to modify their work, no matter to be in the same place or a country, it can be done from anywhere and time. Modification and actual time updates can be accessed by all members. The main problem of knowing the new version has been solved by the Cloud collaboration software.

Large Files Accessed is Improved:

Before, most of the email platforms cannot hold the larger files, but when with the Cloud collaboration software, it is possible where it allows space to store large files.

Provide Better Thinking:

The Cloud collaboration can allow many thoughts to be shared and also allow conversations. It has become a supreme way to make conversation smooth and easy among the staff and the managers who initiate the projects with many collaborators.

Few Ways for a Successful Cloud Collaboration:

It is being understood now by knowing the benefits of the beneficial Cloud collaboration software, that is essential to hold up the company. Having the capability of communicating and share documents by means of cloud computing can improve the functioning of work and increase its effectiveness in finishing the projects.

Cloud_Collaboration_Tips

Below some useful hints are mentioned for making collaboration successful:

Organized Team

The Company is an important element of the Cloud collaboration software, nothing can be accessed without it. The main thing is that everyone should access the equal page.

Allotting The Task

It is necessary to give the task to every team member. Explain them their individual task that’s what they all are going to do. Tell them their limits and expectations of the projects.

Integrated Communication

The work of communication management is very helpful in the method of Cloud computing or having a single application. Thereafter, you will able to invite other participants, track project reports, and discussion.

Satya Nadella’s opinions on Microsoft’s cloud business

At the latest post-earnings conference call of Microsoft, its Chief Executive Officer (CEO) Satya Nadella dwelt on the cloud business of Microsoft. This particular project of the global software giant is being touted as highly important. This cloud computing service has been named Azure. However, it is still lagging behind Amazon Web Services that seems to rule the roost in this particular domain. Nadella was asked by a financial analyst from Evercore ISI as to whether he was okay with the present position of the company compared to where it was at the end of the previous financial year. It seemed that the question had touched a chord with Nadella.

Cloud-Computing

A lengthy tirade

In response to said question Nadella seemed to open into a long tirade regarding why the query was basically a short-sighted one. In general, people consider the cloud computing services of Microsoft to be the second best option to the services being provided by Amazon. Nadella told the analyst that he understood where the latter was coming from, that he completely understood that they judge people by what they have done of late. He said that was a fine way of looking at things and the company was going to keep a tab on it. However, he also opined that was not how things were supposed to work.

The way of Microsoft

Nadella made it quite clear that Microsoft looks at what he termed as generational opportunities. He said that the global tech giant viewed these opportunities as shifts that happen once in a generation and ones that need to be maximized at any and every cost possible. Nadella also explained that one feature of these opportunities was that it can take a considerable amount of time to realize some revenue from the same. With this statement, the CEO of Microsoft also made it clear that his organization was in it for the long haul and was averse to taking a short-term view of things.

Missing the future

Nadella also stressed that this was true for all markets such as cloud computing. He said that at times people miss the future by focusing too hard on the present. They miss the chance to dominate and mold the future in their preferred ways. He said that he never saw it from a narrow perspective, from one-quarter to another. He did not even view things from a year to the next.

The approach matters

He also said that things such as cloud computing and augmented reality were generational opportunities. The CEO also outlined the danger of a short-term view in such situations saying that if they focused too much on the now with these they would miss what is going to come in the days ahead. Augmented reality is a field of technology where digital images are projected on to the real world. This is also yet another major project for Microsoft. The company thinks that one day it could exceed the likes of smartphones as well.

Top 4 Trends in the ERP space

Enterprise Resource Planning, commonly referred in an abbreviated form as ERP is a jargon used in the management field for a suite of applications which facilitate the seamless integration and functioning of various business processes within an organization. ERP encompasses modules which cover the entire range of business functions such as: –

  • Inventory Management.
  • Product Planning and Purchase.
  • Supply Chain and Logistics.
  • Marketing and Sales.

Organizations today irrespective of their size are facing a challenging situation in the terms of planning and interpretation of the huge volumes of data which is generated on a daily basis through various business processes. The primary role of an ERP application is to collate and organize this humongous chunk of data collected across business functions and analyze it using various inbuilt data analytics and predictive analytics techniques so as to derive a concise and relevant information which can be used to take prudent business decisions thereby making an impact on the business efficacy.

ERP software applications have been in the techno-management space since more than 2 decades now and it has since then seen a lot of evolutionary phases each time enhancing it’s functionality and business intelligence capabilities.

Over the years ERP systems have seen a fundamental shift in the way businesses have integrated them into their structure. The most recent and upcoming trends in the ERP space can be summed up in a single acronym: SMAC (Social, Mobile, Analytics, Cloud)

enterprise-resource-planning

Social ERP: – With the world hooking on the Social media platforms, the next generation of ERP applications have emerged which not only connect the businesses internally but also help them establish a long lasting relationship with their end customers. Social ERP gives the enterprises real-time customer data thereby empowering them to build a strong rapport with their end customers. This will facilitate real-time interaction and collaboration among the various stakeholders and hence reduce the turnaround time for solving business problems.

 

Mobile ERP: – As it is quite evident from the name “Mobile ERP” applications are designed to give maximum mobility and accessibility to the enterprises. These applications can be accessed from any internet-connected device such as a mobile, tablet irrespective of the location of the device. They give a competitive advantage to the organizations by providing more accurate and real-time data thereby increasing the Quality of the Service, productivity, and customer engagement.

 

Analytics: – There is little to doubt that BIG DATA and Analytics have become indispensable for the organizations to stay competitive in the current market scenario. Analytics in a crisp language can be explained as methods and techniques employed to analyze the humongous data collected by the organizations through various channels and derive worthwhile output for the stakeholders. It predominantly consists of “Forecasting”, “Predictive analytics” and “Optimization techniques”.

 

Cloud ERP: – “Cloud” is the buzzword nowadays in the techno-commercial application space and Cloud ERP is very much similar in the terms of functionality and utility to SaaS (Software as a Service). In contrast to the traditional ERP software application, where the software is getting stored on a proprietary server infrastructure, Cloud-based ERP banks upon common servers located outside the premises of the organization thereby offering more accessibility and mobility than the traditional versions. Of course, data security, and privacy are guaranteed by the Cloud vendors.

Cloud-based ERP offer similar functionality in the terms of business productivity as one would expect from a traditional version with added benefits which can be summed up into shrinking IT infrastructure costs, maintenance and support costs, data confidentiality, and accessibility and most important of all the flexibility of “Pay per Use feature”.

 

The Way forward

With the concept of IoT (Internet of Things) getting introduced to the word thanks to a host of smart wearables, there is a seamless integration and collaboration happening between the humans and the systems. More and more devices will be able to get connected to the internet and hence result is a continuous flow of information between them. This information will become all the more pivotal in driving business decisions. This progression in technology is bound to have an impactful “Impact” on the future of ERP applications.

Move your business where your customers are… – Cloud

The word “digitization” is the buzz word in the industry today, but what exactly do you mean by digitization? Digitization if to be explained in plain vanilla terms can be described as “Augmentation” and “Analysis” of DATA to aid in taking quicker and prudent business decisions.

And how exactly Digitization is made possible? The answer to this is ‘CLOUD”. Enterprises have embraced the concept of “Consumerization of Enterprises” which means Enterprises are getting empowered through the ease of execution of their operations which is supported by “CLOUD” and “DATA”.

Cloud and Data are the two pillars of any organizational strategy as more and more information is getting stored on the cloud. It is an estimation by the tech experts that roughly 40 % of the organization’s data would be getting stored on the Cloud and accessing this information and deriving value from it will form a part of Business Intelligence.

Cloud-Data

Businesses will be leveraging this information to take smarter and quicker business decisions. One of the fine examples of using and analysing the collected consumer data is that of the e-commerce company’s commerce companies gather a huge amount of data in the terms of shopping tendencies of their customers and potential customers and then they provide shopping deals based on their analysis. Companies who can master this art of first collecting the data and then analysing this data by using Analytics to derive actionable business decision are sure to make a positive impact on their profitability.

So in effect, we can conclude that the efficacy of the businesses can be improved if the businesses show sagacity in the terms of Data collection and evaluation of this information. This requires large-scale technological investments which can be optimized and scaled down using the Cloud infrastructure.

Cloud storage provide the elasticity of storing huge amounts of data in the terms of location. Data which is stored across multiple locations can be grouped together, scanned and examined for it’s accuracy. Adopting Cloud based infrastructure will enable the organizations to track their consumer behaviour in a more effective and exact way.

There is little left to doubt that Cloud can propel the business efficiency by shortening the product lifecycles, enhancing the product design capabilities and turning your marketing campaigns more impactful.

BIG DATA transforms Logistics industry in BIG way

With the internet usage around the world and especially in developing countries such as India increasing at an exponential rate both in the terms of individual as well as business, humongous amount of data is bound to be generated. No business vertical can afford to not put to use this valuable data and extract useful information which would empower them to take prudent business decisions. And yes, Logistics & Supply Chain industry is certainly one of the early movers to have embraced this DATA revolution.

The term BIG DATA Analytics refers to the processes, methodologies and algorithmic techniques employed by the businesses to analyze the enormous amount of collected data, make sense out of it and take critical business decisions which would eventually improve their operational efficiency and improve customer satisfaction. In other words, BIG DATA enables the businesses to predict the probability of the occurrence of an event from the past trends and thereby take judicious and timely decisions.

BIG DATA transforms Logistics industry in BIG way
BIG DATA transforms Logistics industry in BIG way

As an instance, for the Logistics and Supply chain industry, extracting useful information from the huge unorganized data collected through different platforms will help the supply chain professionals to gain insights into the various business parameters such as operational risk management, layout optimization, pricing strategies, improved product and service delivery.

So what encompasses Analytics Domain?

In the complex information flow of the SCM and Logistics industry, BIG Data Analytics encloses three major areas: –

  • Descriptive Analytics where in a past business situation is described in a way of trend/pattern to provide an insight into any forthcoming event. This is normally done using Standard reporting dashboards, Alerts.
  • Predictive Analytics uses the REAL time data and historical data to make predictions about the events having the probability of occurrence in the future. These mostly include Time Series, Regression analysis.
  • Prescriptive Analytics uses the predictions based on past trends and data and also suggests a set of action/s that could be undertaken for a possible foreseeable event.

BIG DATA to reap BIG Benefits

In the field of Logistics and SCM, Big Data Analytics uses all the three above mentioned techniques to synchronize the end to end logistical chain thereby making an incremental impact on the supply chain drivers such as inventory planning, facilities /warehouse management, transportation management, sourcing and procurement, pricing.

  • Warehouse management: – Using Advanced Analytics based on the collected data the organization can take a judicious decision on the location and capacity of the proposed warehouse facility and even monitor it’s
  • Inventory Planning: – Having an extremely optimized inventory planning model would go a long way in improving the responsiveness and efficiency of the organization.
  • Transportation Planning: – The application of BIG DATA analytics in devising an optimal travel route for the material and goods transfer has gone a long way in improving last mile delivery, identifying risk areas, predicting accurate delivery times and most of all making transportation safer both for the material and people involved.

 

In a developing country such as India where the Logistics and Supply chain industry is in a very chaotic state yet in a stage from where it is to grow beyond one’s imagination, effective use of available analytical techniques such as BIG DATA       will help companies to standardize their decision-making process. Of course, the recent decision of the Govt. of India to introduce the GST (Goods and Services Tax) by next fiscal will only help the logistics industry to streamline it’s processes and costs making the industry leaner.

Logistics and Supply chain is an industry which is driven by quantifiable performance indicators and hence “Real-time Analytics” of rapidly increasing, huge and unstructured data is inevitable.

Enterprises trust Microsoft Azure with their DATA

There are two primary reasons why enterprises choose to adopt Cloud infrastructure store their DATA, one and the most important DATA SECURITY and two cost benefit.

And Microsoft very well understands both these requirements of the enterprises very well. It also knows that it is no cakewalk to earn the trust of the enterprises and hence right from day one Microsoft has strived in leaving no effort and expense spared in instilling confidence and belief for it’s products in the hearts and minds of it’s customers.

Microsoft has always believed that Security, Compliance, and Privacy are the most important aspects of any organization and that there should be no compromise made on this front. In each development process that Microsoft undertakes it ensures that these three features are deeply ingrained in the DNA of the final product.

Microsoft’s offering in the Cloud infrastructure space is marketed under the brand name “Microsoft Azure”. Azure provides a host of cloud computing services such as data storage, data analytics, data computing and networking. Organizations are free to choose any or all of these services depending upon their business requirements.

Microsoft Azure falls under the category of Paas (Platform as service) as well as Iaas (Infrastructure as Service).

So, after all, why do enterprises and organizations should trust their all-important data with Microsoft Azure?

Is it simply because stats show that 85 % Fortune 500 companies use Microsoft Cloud or there are 1,20,000 monthly NEW subscriptions of Azure or is it because the 34 data centers that Microsoft has set up across the globe.

The above numbers are fine but they are not enough to convince the enterprises to migrate or adopt Microsoft Azure as their Cloud Partner.

So what is actually driving the acceptability and popularity of Azure? This can be answered in just one word – “DATA SECURITY”.

Each and every organization is extremely concerned about it’s data confidentiality and has zero tolerance towards any form of compromise in it’s data privacy.

Microsoft is aware of this All the most important business need and is leaving no expense spared in meeting the same. Of the 12 billion $ that Microsoft spends in research and product development a substantial amount, close to 1 billion $ is set aside for cybersecurity efforts. Microsoft has a dedicated Digital Crimes Unit which specializes in Digital Crime detection using sophisticated tools such as analytics.

Moreover, Microsoft has acquired more certifications in the field of Regulatory compliance with respect to different countries than any other cloud service provider. Microsoft is devoting it’s resources in advanced technologies to offer state of the art Digital Secure and Private environment for it’s customers.

Bitscape Infotech has been a Microsoft GOLD Partner since the year 2004 and it goes without saying that Bitscape has developed it’s expertise in and around Microsoft technologies which include Microsoft Cloud Services Azure.

It is the single-minded vision of Bitscape to help enterprises with it’s Microsoft-powered data solutions which would empower the enterprises with DATA storage in secured and flexible environment guaranteeing them with DATA privacy and accessibility from anywhere in the world.

Collaborative Platform On Share Point 2016

I am sure IT professionals working with Microsoft Technologies would need no introduction to SharePoint. However, for the ease of our non-technical readers let us first introduce the concept of SharePoint.

SharePoint is a Microsoft product which was first introduced in the year 2001 as a web based application with the primary functionality of document management and storage system. The most striking feature of Microsoft SharePoint is it’s highly configurable nature that can be molded to suit the diverse business requirements of organizations.

SharePoint 2016
SharePoint 2016

Since the year 2001 when Microsoft first introduced Share Point as a business application tool there have been a number of successive versions released by Microsoft the latest being Share Point 2016.

Traditionally Share Point has been bundled with Microsoft Office 365(however it could also be purchased as a standalone product), with the latest version Share Point 2016, Microsoft has made conscious effort to restrict the functionality to be more of a “Document Management tool” and has migrated other “Collaborative features”, “Enterprise Search”, “Social Media” to Office 365 offering through applications such as Office Graph, Delve, and Yammer.

Although Microsoft has made efforts in making Share Point a cloud-based offering, it is fully aware of the compliance and data privacy needs of the enterprises at large and hence has regularly worked on providing an “On Premises” version of Share Point as well.

Some of the most common uses of Share Point have been: –

  • Enterprise Content and Document Management which allows the organizations to store, retrieve, archive, track, manage and report on it’s electronic documents and records.
  • Share Point intranet is a tool through which the organizations can manage their internal communications and information in a more centralized manner.
  • Share Point is used by the enterprises as a Collaborative software for their business requirements such as Project Scheduling, Project related document storage, social collaboration etc.
  • Custom built applications is a feature of SharePoint which empowers the developers with integration into corporate directories ensuring security and data privacy.

So what’s new that Microsoft has introduced in it’s latest version of Share Point 2016?

  1. App Launcher: – Share Point 2016 introduces App launcher with a better and enhanced UI which matched the User Experience of Office 365.
  2. There has been a significant improvement in the speed and performance of this latest version of Share Point 2016.
  3. Enhance security measures through MinRoles, wherein Administrators can install and govern the roles they want to install on Share Point servers.
  4. There is a near doubling of the maximum size of the files that can be uploaded to the servers. Previously it used to be a maximum of 2 GB, which has now been almost doubled to 10 GB.
  5. With the upgrading of hybrid options, there has been better integration with Office 365 tools such as Office Graph, Delve, Sway, Yammer etc.

 

Bitscape Infotech is a global IT solutions company which specializes in delivering business solutions based on Microsoft Technologies.

Bitscape has been a Microsoft GOLD partner since the year 2004 which is a testimony that we understand Microsoft technologies and it’s usability in business applications better than most in the industry.

Certainly, Microsoft Share Point 2016 is one of our core offerings and we have a dedicated team of extremely well skilled Share Point professionals who have successfully delivered Share Point solutions to our esteemed set of clients.

Bitscape has helped enterprises of small, medium and large scale in leveraging the power of Share Point technology and efficiently manage a host of their functionalities such as Document management, Web Content management, Records management, workforce management etc, and hence transform them into scalable enterprises.

CLOUD” has arrived in the skies of Enterprise Resource Planning

The weather is changing in the space of ERP, with the advent of enterprise CLOUD technology, changing customer requirements and most of all digitization of office spaces means the Software service industry giants have to change their approach in order to sustain.

Most of the organizations today be it large corporations or small and medium enterprises rely on Enterprise Resource Planning (ERP) softwares to help itself in better aggregation and management of data between it’s various departments.

However traditional ERP softwares till now were housed within the local server if the company which was housed in it’s own premises and it certainly involved a huge cost in updating them and maintain them.

Enterprise Resource Planning
Enterprise Resource Planning

This is where the concept of CLOUD based solutions which are also referred to as SaaS (Software as a Service) has proved to be a boon for the organizations at large. As the name suggests Cloud ERP solutions are stored on a server which is owned and maintained by the company which is offering Cloud based services such as Microsoft. This goes to say that software solutions are stored and operated from a Cloud owned by the service provider rather than a proprietary server infrastructure.

At the core of Cloud-based services lies it’s immense flexibility in the terms of data sharing across multiple departments within the organization ensuring data security and privacy. This means the employees belonging to different departments can access the data on a need to know basis rather than the entire database being freely accessible to everyone within the organization. Not to mention the advantage the companies get in uploading, modifying and accessing the data in REAL TIME via the cloud from any device which is connected to the Internet from anywhere in the world.

Microsoft has been a world leader in providing Cloud based ERP solutions to the organization world over through it’s SaaS service called Microsoft Dynamics Enterprise Resource Planning. It empowers the organization to connect and manage the different divisions of business such as Operations, Human Resources, Finance, Supply Chain etc in real time from anywhere in the world in real time only through a handheld device connected to the Internet.

Bitscape Infotech, a Microsoft Certified GOLD Partner since the year 2004 has been into the business of delivering enterprise solutions which have shown quantifiable results for organizations of varied magnitude. Bitscape Infotech is into the business of partnering with the organizations engaged in different business verticals in their journey of Digital Transformation.

Bitscape understands that the challenges face by each business model is vastly different from another and hence has developed it’s expertise in delivering “Custom built Solutions” for it’s varied client base.

We have worked with some of the most reputed names in verticals such as Manufacturing, Healthcare, Retail, Pharma to name a few in streamlining their IT processes and resolving their challenges thereby achieving their ultimate goal of increased productivity, ideal human resource utilization and most importantly optimizing their COSTS.

Our core offering of CLOUD services also called as SaaS (Software as Service) is designed with the sole aim to empower the organizations to better manage their data, coordinate efficiently between various departments and thereby take prudent business decisions which would meet the ultimate goal of making the organization LEANER and more efficient.

And yes, this all certainly means that the organizations have no longer to worry about investing in server infrastructure, servicing and maintaining them and any other additional costs that may be involved.

Not to forget Bitscape guarantees your “DATA SECURITY AND PRIVACY” at the same time ensuring data access flexibility from any part of the world.

Global Pharma Companies need Digital Marketing Prescription

One of the key challenges faced today by Global Pharma companies is their shift of focus from “Mass Drug Production “catering a large section of the market to “Niche buster drugs” which focuses on a well-defined targeted audience.

Global Pharma Companies need Digital Marketing Prescription

So, this means there is also a challenge in how to position these “Niche drugs” in the market so that they catch the attention of the focused group of customers thereby translating into sales for the Pharma companies. It is well-known fact in the pharma industry that the SALES of specialty pharma drugs is increasing while the revenues from the commonly prescribed drugs are declining.

Pharmaceutical marketers are well aware of this new trend and are also quick in responding to this new marketing challenge by embracing the “DIGITAL MARKETING CHANNELS”.

It has been proven that unlike the traditional “Direct to Consumer” media marketing is not yielding desired returns on the money spent in comparison to the “digital marketing channels” which require far less amount of marketing spend and is a very target oriented approach. The ROI for “Traditional Marketing” is approximately in the range of 2:1 to 4:1 whereas the ROI for Digital Marketing is far higher at 5:1.

Pharma companies across the globe are aware of this changing dynamics and are making sincere efforts in increasing their Digital spending. According to a couple of research reports “Health Care Digital Advertising” is expected to reach 1.3 billion $ by the end of 2016.

Furthermore, Pharma Industry faces a vast amount of regulatory and compliance challenges than any other industry vertical which is largely dependent on the regulatory framework of the region they are operating in. Pharma industry though is technologically adept, they still lack the competence and the resources required to assist them in positioning them in different markets adhering to the local compliances and regulations.

We at Bitscape have been involved in addressing the key IT issues faced by businesses of different verticals for more than a decade now and Pharma sector has been our forte.

We specialize in providing Custom Built Digital solutions which are industry specific and adhere to the regulatory and statutory compliances of the regions across the globe.

We are a Microsoft Certified GOLD Partner since the year 2004 and have been well recognized as a trusted IT partner for organizations of international repute. We have helped businesses in their journey of Digital Transformation by delivering business solutions that have given quantifiable output. We specialize in Microsoft Technologies in implementing business solutions which have been well accepted across the industries.

We have helped organizations to build their “Brands on the Web “and send their message to the targeted end customer thereby creating more value in the terms of sales and simultaneously keeping a check on their marketing spends.

How Internet of Things (IoT) is going to impact your business?

Nowadays everybody is talking about Internet of Things (IoT) …. And how it will affect our everyday lives and business.

So let us first define IoT.

In lay man terms IoT is a proposed way in which everyday objects will be connected with each other seamlessly through the power of Internet and would be able to send and receive data with each other.

Internet of Things (IoT) will create a quantifiable new world where it would become a lot simpler for people to manage their assets in an informed way and thereby take informed decisions for their businesses.

IoT

As mentioned earlier IoT would create seamless connectivity of everyday objects so as to make the flow of information and data much smoother and easier between them.

These objects which are talked about here can be classified into three broad categories: –

  1. Wearables
  2. Smart home devices.
  3. M2M devices (Machine to Machine devices).

Wearables and smart home devices are for the end consumers and they include devices such as smart watches, fitness bands, door locks, thermostats, light switches, motion sensors etc.

Through Iot the end users would be able to monitor and relay information real time and thus take mindful decisions.

The discussion till here was the impact of Iot on the day to day life of individuals but let us even gather some insights on how the businesses will get affected by Internet of Things(Iot) because after all companies would also like to be watchful and smarter in their business decisions.

Facilitating Smarter business decisions and optimal business operations…

Iot is less about smart devices but more about sensors which are extensively used globally to capture data.

These tiny Sensors can be attached to any damn thing right form coffee vending machines to aircraft engines to capture real time data and send it across to data monitoring issues.

This real time data collected will allow the companies to have more specific, relevant feedback. The data thus collected can be stored and analysed as a part of analytics and thereby create an entire new set of inferences.

 

What can be measured can be improved…

Iot will bring in huge amount of data through detailed and real time monitoring of the business processes, both field operations and in-office activities.

The power of Data analytics is what now the businesses at large would be able to leverage which would eventually help in increasing their productivity and minimizing their costs.

Iot will make businesses leaner.

 

Iot will enable businesses to think Bigger and think Smarter…

There is no doubt that Iot will produce humongous amount of data which would be required to be analysed upon. Iot is not just about connecting smart devices with each other and making the things smoother.

It is much more than seamless internet connectivity between the devices. Useful information extracted by analysing the collected data can teach people to plan their business strategies, compare situations, anticipate any kind of eventualities, and thereby take necessary steps.

Iot will affect the lives of people in ways more than one and this sole point will make Iot difficult to ignore both by individuals and businesses alike.

Ignoring Iot at this point in time is like inviting oneself to live in medieval times when there was no telephone, no internet and other modern technology without which today we cannot imagine to live our life.

A decade from now and the world will heavily bank on the continuous stream of data coming from wearables, smart devices etc, to take more informed, accurate and timely decisions.