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Showing posts from July 12, 2017

Here is why Organizations have started adopting e-procurement

Very interesting to see that, Organizations have started adopting e-procurement to overcome the challenges associated with conventional procurement practices. For those who are unfamiliar, in conventional procurement practices, a simple thing such as seeking approval or writing a proposal would take several meetings either with the top management or the suppliers to yield positive results.

The e-procurement system for employees, chief procurement officers (CPOs), suppliers and end-users

The e-procurement system enables employees, chief procurement officers (CPOs), suppliers and end-users to facilitate a purchase online. E-procurement benefits the three levels of management by improving spend visibility and enabling control over its finance, speeding up the process by eliminating redundant and superfluous steps, and helps employees to make purchases efficiently by placing orders with top rated and preferred suppliers.

The growth of the sandboxing market is driven by various factors

The stakes related to security and privacy are highly crucial in our ever-connected data-driven era; so that the growth of the sandboxing market is driven by various factors, such as increased sophistication levels in attacking techniques, the need to secure enterprise networks from advanced malware and security breaches, and stringent security compliances and government regulations. According to Research and Markets, the Sandboxing Market Size can grow from USD 2.90 Billion in 2017 to USD 9.40 Billion by 2022, at a CAGR of 26.5%. The firm also revealed that, the easy availability of free software-based sandboxing solutions may restrict the growth of the sandboxing market.

Managed services within the sandboxing market

For those who are unfamiliar, Managed services are used to decrease operational overheads and associated risks. Managed services also help to manage network operational processes by reducing the complexities of the networked infrastructure. According to, Research and Markets, a major trend influencing the sandboxing market is the complexity of advanced technologies, such as Internet of Things (IoT) infrastructure and operating systems. The firm reveals that, due to these complexities, users need guidance, and therefore, managed services are expected to witness high growth rates in the near future.

Government and defense agencies as the highest contributor in the sandboxing market

Steadily, one can observe that, government and defense agencies across the globe handle critical and sensitive information related to citizens and defense intelligence. Cyber-attacks and vulnerabilities have increased the security breaches in various government and defense agencies. Attackers are targeting the networks across this sector to breach the sensitive information regarding administration, departmental activities, and prime security intelligence. A daunting reality which necessitates substantial investments in cybersecurity solutions.

Here is how the use of robotics can help the meat industry

Meat processing and packaging are highly labor-intensive operations carried out by low-skilled workers. The meat industry is characterized as a highly unsafe and injury-prone environment for manual workers. Therefore,the use of robotics for various dangerous meat cutting, slicing, and chopping operations can minimize the potential risks to laborers and help businesses retain their trained workforce. Medical treatment cost on the workers incurred by businesses can be controlled and kept in check via implementing robotics within the industry.

Theoretically, there are two marketing mix modeling strategies

For those who are unfamiliar, one can recall that, theoretically, there are two marketing mix modeling strategies: longitudinal and cross sectional, that are pursued by organizations. Longitudinal analysis evaluates sales and profits over a fixed time and compares it with the marketing spend for that period. Cross sectional analysis entails allocating different levels of funds to each territory or region and then comparing the spend with the outcome.

Here is what marketers gain by incorporating Marketing Mix Modeling (MMM) techniques

It is indispensable to recall that, by incorporating Marketing Mix Modeling (MMM) techniques, marketers gain an in-depth understanding of the marketing variables and its impact on sales and conversion. In fact, by its help, management can make strategic business decisions and identify the opportunity costs thereby optimize strategies from a long-term perspective.

Here is why diversified industries have started adopting the marketing mix modeling (MMM) technique

It is now clear that, diversified industries across the world have started adopting the marketing mix modeling (MMM) technique because of its ability to forecast marketing return on investment (MROI). For those who are unfamiliar, marketing mix modeling is a statistical analysis that helps in evaluating the past marketing activities and forecasting its impact on actual sales.

Here is what is bringing them into the spotlight, the intermittent resource monitoring and forecasting technologies

Very interesting to see that, intermittent resource monitoring and forecasting technologies have evolved alongside the renewables industry. In the past, one could observed that, these technologies were seen as optional and expensive; now, regulatory changes and business model innovations that focus on increasing profitability in an otherwise commoditized market are bringing them into the spotlight. According to a new report from@NavigantRSRCH, global cumulative revenue for intermittent energy monitoring and forecasting between 2017 and 2026 is expected to reach $26.9 billion.

Data is quickly becoming one of the greatest competitive differentiators for enterprises across all industries

Very exciting to see that, data is quickly becoming one of the greatest competitive differentiators for enterprises across industries including financial services, manufacturing and healthcare. IDC estimates that by 2020, organizations that are able to analyze all relevant data and deliver actionable information will achieve an extra $430 billion in productivity benefits.
As the volume of data grows rapidly, enterprises require higher levels of performance and efficiency to quickly and easily generate these valuable insights.

New IBM Cloud bare metal servers powered by the next generation Intel Xeon Scalable processors

At the core of stakes, we have the ability to run high performance computing workloads such as complex financial simulations, manufacturing design simulations or genomic analysis faster than previous generation processors, and to decrease the time it takes to deliver insights from mission-critical data. In effect, one can observe that, new IBM Cloud bare metal servers powered by the Intel Xeon Silver 4110 processor and Intel Xeon Gold 5120 and 6140 processors will be designed to help deliver greater performance and generate faster insights from big data workloads, and will offer the global reach and security-rich environment of the IBM Cloud.