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Cloud applications for online file storage

Everyone is so fond of taking pictures, videos, etc. and generating digital files. We have started taking photos and videos more than ever. When you are out somewhere away from your home, cloud storage is convenient and easy to save your memories.

 But, even online file storage has some limit. So, organizing files to store is very necessary. If you follow a rule on how to store these files, then it is easy to store and save your memories. The advantage of storing data in online storage is that it is easy to store, easy to download, easy to share, and easy to remove.

 The below-mentioned and explained are some of the online file storages, which I can think about at present and are very well known among us.

 DropBox – DropBox is easy to use and the oldest player in the field of online cloud storage. Though there are few restrictions in the type of files, you can save, data you can share, and folder you can create, but it is effortless to access. It also has a desktop client. You can also create public folders. You can also access removed files for the next 30 days.

 Google Drive – It provides you 15 GB space, which spans your emails, Google+ Photos, and files saved on the drive. But, images that are smaller than 2048*2048 are not counted. Also, videos that are shorter than 15 minutes and uploaded through Google+ Photos are not counted. You can access google drive through the mobile application as well as the browser.

 One drive – Default installed on all the Microsoft devices, One Drive provides 30 days recycle bin availability for the files that are deleted to restore. You can access One Drive either on a mobile application or browser. Paid plans for using One Drive vary from 5 GB to 5 TB depending on your requirement.

 Amazon Drive – Luckily, if you are an Amazon Prime member, then you get a 5 GB Amazon Drive space and free unlimited storage for pictures. Once a file is deleted from the main drive, then you can restore it from the deleted items unless and until it is deleted permanently.

 Apple iCloud – You may feel lucky enough to have an apple device, but iCloud hardly is of any use as it comes with so many limitations. It acts as backup storage for your images, videos created on your phone like it, by default, stores it for the next 30 days. You get 5 GB space with every device, but you need to pay for any additional space to Apple.

 These are the top 5 cloud file storage that I am aware of and are very common among youngsters like me. There are many other players available in the market, like Box, SpiderOak, Mega, etc. But, I would say that it is better to plan your storage so that you don\’t have to opt for the paid versions of these applications, which are also available since most of these players provide limited storage in hopes of you upgrading from free plan to paid plan. If you follow some guidelines for storing your files, then there will not be any need to pay for the subscriptions.

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Application Of Big Data Analytics

Today, an enormous amount of data is produced. It is predicted by experts that there will be a day in upcoming years when we will have a data tsunami. This massive amount of data is termed as Big Data. It has become necessary to take the help of the tools to maintain and manage this vast amount of data in various fields like education, business, government, etc. This management will help in proper study, storage, and process of the data that is being gathered every day.

If I need to define Big Data in general, then I would say that it is unprocessed data that is complex. This data can be sensitive or insensitive, depending on the type of data. Data can be confusing to normal human beings.

Big data has been playing a massive role in the present market. It is a big game-changer. Wikibon assumes that Big Data revenue will reach 100+ Billion Dollars by 2027, which was just 40 Billion Dollars in 2018. According to this fact, there will be 10.40% of annual growth in the revenue for the organizations through Big Data. And this proves the importance of Big Data certification and makes it one of the most engrossed skillsets in the industry.

The goal of Big Data is to help current organizations to make informed decisions by analyzing the large volumes of data available in various forms. This data can be captured using websites, applications, and many other sources. Just because of this, Big Data has got its applications in various fields. Let me jot down a few for you to understand the importance of Big Data.

Reduce the crime rate – Applications that involve money transactions, have the worst scenario when there is any occurrence of fraud during the transactions. Big Data enables the real-time trend analysis that decreases the chances of real-time fraud and in a way, reduces the crime rate.

Reduce the rate of recurring problems – Let me take an example to make you understand this application. If you, as a customer delivery manager, handle all the tickets raised by the customers, then Big Data can help you gather problems that are recurring and coming now and then. You can, as a manager, detect them and get it solved once to reduce the rate of recurring problems.

 Reduce the risk of data leakages – Fields like banking, telecom, and healthcare have a high risk of data leakages. Big Data helps in revealing potentially sensitive data to reduce the risk of data leakages.

Increase the amount of business – For example, every organization has some pattern in their clients they work with. According to this pattern and the trend generated, Big Data can help in gathering business information, which is useful in expanding the business and overall increasing the amount of business.

Big Data is a powerful tool that makes our life easy. It helps in various other fields that I haven\’t mentioned above, like finance, marketing, stocks, etc.

The applications that I jotted down are just a few prominent examples of Big Data Applications, but the amount of revolution that this technology is bringing and will bring is not even predictable.

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TQM in field services

TQM stands for Total Quality Management. Quality usually makes sure that focus is totally on

fulfilling customer needs and preferences. Products that are customer-driven ensures that

the product is beyond the customer requirement.

As soon as organizations improve their quality, new expectations have grown in the mind of

customers. Understanding this scenario, small and big the organization anticipates these changes

required to satisfy the customers.

Total Quality Management acts as powerful management that brings internal and external

customers to give the best product with limited resources.

Now that we have talked about what TQM stands for and its benefits let me say something

about field services before jumping on the topic of how TQM is advantageous in field services.

Field service was referred to as military jargon in the 16th century. Though this century

technicians are not very well versed and workaholic, field services carry a lot of importance in

the present decade. But it brings a lot more value than just jargon. To understand what field

service is, let me take you through the common working points of the field services.

a. Maintenance

b. Repair

c. Installation

d. Business Consultation

Let us take one by one and understand how TQM helps in improving the quality of the services

in each segment of the field services.

Repair: With TQM, it is made sure that the repair work that was done is feasible and workable.

For example, if a machine used in the fieldwork is  broking, then a service technician will make a

field visit and try and resolve the issues that persist.

Maintenance: Maintenance comes under the preventive measure of field services. To avoid the

regular wear and tear of the devices, steps that are taken with TQM in mind which ensures that

devices are long-lived.

Talking about Maintenance, it is of 3 types of:

a. Preventive

b. Predictive

c. Corrective

Installation: To understand this, let me help you with an example. For example, you purchased

a washing machine and asked for a salesperson to come and install it. Now, considering the

principles of TQM, after the installation work, the salesperson will do some testing, which

ensures that the device has a long life.

Business Consultation: A field service visit at the time of failure is not just enough to solve the

issue. It can also involve analysis of your business and, accordingly, what are the customer

demands. How can those demands be fulfilled without any additional resources utilization is

what TQM does at the time of consultation.

It was expected that by 2022, there would be an exponential growth in the field services. It will

account for more than 3 Billion Euros. Therefore, it should not be surprising that there is a lot of

changes and improvisations that we see day by day in the field services. TQM works as a

management consultant in the field services and makes sure that no additional funds were

utilized, and there is an effective system driven for the betterment.

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How Does Block chain Work For Crypto Currency?

It’s essential to begin by addressing the most common question of all:

What does blockchain mean?

A blockchain is a kind of like a book where information is collected. It was done by making use of a network situated at the very top of the net. This network was what allows data recorded, and this forms the basis of blockchain. Many people tend to think that the blockchain is an enterprise, company, or even an app. But that\’s not true at all. It\’s just a new found way of documenting internet data. Blockchain can be and is being used to construct games, messengers, social networks, prediction systems, and more. Its uses are endless simply cause it is the internet, in a sense. After all, it has all the data available on unlimited internet. But one field where it was the most commonly used is in regulating and facilitating transactions through cryptocurrency.

Is the blockchain secure?

A very valid question to ask is regarding the information in the blockchain and if it is secure. The answer is yes, the information there is safe, and the reason lies the name itself. The information procured from the full web is storing as blocks. The blocks which contain similar information are linked together to make a chain. So the data which was stored in a single block cannot be changed without altering the blocks which come after it.

How does blockchain work for CryptoCurrency?

Everyone wants to know how blockchain contributes to cryptocurrency. This thirst for knowledge has especially increased after the rising interest in cryptocurrency.

In the case of cryptocurrency, the blockchain acts as a shared public transaction record. Know that a transaction in cryptocurrency involves value transfer between two wallets. All the types of completed transactions were stored in the blockchain. It lets the cryptocurrency wallets keep track of the remaining balance, to allow for new, verified deals.

When the time comes for pending transactions to be confirmed, then those transactions get included in the blockchain. It allows a chronological order to get enforced inside the blockchain, which helps in protecting the network neutrality. The first step in confirming the transaction is to pack it all up inside a box. But to do that, those transactions have to get verified according to the rules of the cryptographic network. These rules prevent previous blocks from getting modified because then all the other blocks which come after would get invalidated as well. As such, this prevents anyone party or person from controlling how a blockchain operates.

Cryptocurrency does the job of transferring currency easy. But the central part of this wheel, which makes any cryptocurrency work, is blockchain. Blockchain secures the transaction information and prevents malicious entities from corrupting it or using it for their benefit.

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What Is Human Capital Management?

Human capital management (HCM) refers to all the kinds of practices engaged in managing, recruiting, and developing human resources for an enterprise. This term encourages one to think of the human labour of a company as assets. This kind of thought process, in turn, allows for more financial and managerial investment in them. But the question which frequently pops up  this field is- \”Why is there even a need to invest in human capital management?\”

So here\’s a list of the fields where human capital management works its magic:

Tackling changing demographic dynamics: A human workforce is bound to get old. It means a new and young workforce will inevitably have to bring. These new workers will bring in different styles of working, which will be reflective of their age and the times they live. But this might not always align with the needs of the organization. So it will have to be adjusted for optimum company-workforce happiness.

Freelancing economyIn the list of a company\’s human resources, other temporary workers like freelancers and contractors also come in. Since these workers are not on the permanent payroll of a company, so they complicate various worker issues related to taxes, contract schedules, employment regulations, and more. It is where human capital management comes in to regulate it all.

Remote workforce: Changing times and rising costs force existing businesses to adapt to new ways of doing business. One of the means of doing so is by modifying the remote-working model. In this setup, full-time employees carry out organizational work but from a remote place. But before that, human resource management has to come up with creative ways, ranging from traditional workshops to using VR to train them in what the organization wants.

Big HR data: Every organization collects vast amounts of data on its workforce. It includes the work done, how it is done, the time is taken to do it, and more. Human capital management comes with the tools and methodology which allow a human resource to analyze and manage the data in an efficient manner properly. 

What is HCM software?

What many might not realize is that human capital management makes use of software systems for a variety of purposes. It ranges from training employees to gathering comprehensive data related to human resources and more. This technology helps in streamlining various operations like payroll, timekeeping processes, etc. These software systems are brought in to replace the on-site HR programs. All this enables people to get better investment returns. Most of these HCM solutions use cloud-based technology to operate. But that\’s not the only benefit which HCM software has:

  • HCM technologies help in recruiting, managing, compensating, as well as developing and regulating performance management.
  • It helps in workforce management by coordinating the dispersal of employees with specific skill sets to those particular areas which need it.
  • HCM technologies also help with attendance, labor scheduling, budgeting, time management, and more.
  • HCM software systems also assist in cross-platform communication like in the case of social media collaboration, analytics, and more. Human resource personnel also get mobile access to some HR applications and data.

People frequently fail to realize that the success of a business is closely intertwining with human capital management. In today\’s continuously changing business world, human resource managers need to act more proactively rather than retroactively. Overall, human capital management is a very underrated area of work. This field, if effectively put to work, has the potential to make the entire organization operate smoothly, only because it specializes ins the most moving and volatile part of it-workers.

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Management Consulting for Manufacturing

Management the consultant is akin to an experienced advisor. Businesses are keen to acquire his/her services for resolving problems, improving performance, and discovering better ways of handling tasks. Over time, the professional handles all kinds of challenges and projects, thereby establishing a lucrative career. There is good personal growth too. Now, every management consultant has his/her own special niche. Therefore, how would a professional help out in the manufacturing arena of any business?

Educational Qualifications

Since it involves working with industries, it is essential that the employee possesses a degree in industrial engineering. However, people with degrees in general engineering, industrial engineering technology, electrical engineering, manufacturing engineering or mechanical engineering, can also become management consultants in manufacturing. Whatever be the degree, it is combined with attendance at diverse engineering programs organized by universities. It adds to the educational value.

Essential Qualities of a Management Consultant

This individual must exhibit an attentive ear at all times. Although part of a team, the management consultant must give due attention to production staff, customers, and vendors too. There must be the ability to listen to ideas and suggestions, such that problems may be fixed to individual and group satisfaction.

Problem-solving requires creative thinking and critical thinking. For instance, manufacturing comprises of designing facilities, streamlining processes for offering services to customers, etc. There has to be quality assurance at all levels. Similarly, worker safety is equally important. A logical mind will be able to come up with innovative approaches to understanding urgent issues. It will also be able to offer healthy conclusions and alternative solutions. This way, there will be a reduction in inefficiency and wastage of available resources.

It is imperative for an ingenious mindset to come up with novel production processes in diverse settings. Otherwise, overuse of material and human resources will come into play. There has to be an intelligent use of both to save on time and labor.

A management consultant has to be good at Mathematics. After all, the principles of trigonometry, calculus, etc., prove useful for designing, analyzing, and resolving manufacturing issues.

Above all, the management consultant must be blessed with both speaking and writing skills. Often, the professional has to outline everything in simple language for everyone to understand.

At the Workplace

Now, an entry-level position in a company requires no licensure. Here, the new engineer is under a supervisor. He/she undergoes on-the-site training too. This professional is also part of a team. The organization expects the team to come u with efficient management control systems for manufacturing products or creating services. Towards this end, members of the team utilize requisite knowledge, materials, machines, and energy for doing the same. The finished product(s) or service (s) is the result of bringing everything together on a common platform. At the same time, the team must take care to keep everything cost-effective via healthy financial planning.

Anyone wishing to set up an independent office must obtain a professional engineering (PE) license. This experienced person may interact directly with the public.

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Big data analytics in healthcare

Big data analytics is acquiring enormous popularity across the global healthcare industry. This is because vast amounts of information regarding patients and consumers tend to pour in every day. Traditional ways of data processing can neither comprehend nor keep up with this complex amount of data. Therefore, data scientists and learning algorithms are keen to take over the job of garnering, categorizing, storing, and analyzing vast quantities of data. This should enable the medical fraternity to take strategic decisions for improving any patient\’s quality of life. Here is how big data analytics have brought about a change in attitude towards the provision of healthcare.

Sourcing Data in Different Ways

Digitalization has caught on in a big way, at clinics, hospitals, hospices, etc. It does not matter whether they are big, medium-sized, or small. For instance, emergency health records (EHRs) have become valuable sources for initiating follow-ups of patients after their first emergency room visits. Similarly, wearable technologies have come into play for self-monitoring of health. This enables people to pass on relevant information to their respective healthcare providers. Digital marketing strategies, social media, mobile applications, etc., suffice as sources of data too.

With everything stored in one big database, it becomes easy for any healthcare provider to keep track of a particular patient\’s progress. When a transfer takes place, every bit of information related to the patient undergoes a transfer too. Treatment may continue, unabated, regardless of wherever the patient goes and whatever the new doctor decides. Naturally, there is a reduction in medical errors too.

Reduction in Costs of Healthcare

Despite governments and insurance companies going out of their way to offer all kinds of schemes, there seems to be no respite in the growing costs of healthcare. Modern lifestyles, bad habits, adverse effects of changing environments, rising costs of prescription drugs, etc., are responsible. Furthermore, communication between one healthcare institution and another is almost zero, or fragmented. This results in patients having to go through unnecessary tests and treatment trials once again. Now, there are appropriate technologies in place. Therefore, it should prove secure for the healthcare industry to discover quantifiable methods for enhancing efficiency and performance. In turn, patients will express increasing satisfaction with the increasing affordability of healthcare.

Patients Expect Personalized Healthcare

With the growing number of professionals entering the healthcare industry, there is no shortage of doctors or other staff related to the medical field. Therefore, patients do not mind flitting from one practitioner to another, if they are not satisfied with the quality of care they receive. In other words, every patient desires to be a particular person in the eyes of the doctor. It is up to the healthcare provider to provide high-quality care, as well as keep the patient engaged in his/her care. This way, it will become possible to raise the level of retention. Fortunately, healthcare systems are offering essential insights into the mindsets of patients to the medical fraternity. Therefore, it hopes to up the level of personalization for every patient.

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How Custom Retail Development Software Solutions Helps Retailers?

Technology has been improving dramatically in all sectors over the last decade, and its influence keeps growing in the retail industry also. In today’s digital world, plenty of custom applications and software are available across every industry. However, to choose the right custom software development solution, everyone has to know the benefits of representing their brand as accurately as possible.

Are you planning to run a retail business? Now technology touches all stages of your customers’ shopping journey. Let’s have a look into this article to know how a Custom Software Development Application became a key solution to any digital strategy?

What exactly Custom Retail Software mean?

Technology and creative software solutions have changed the retail industry resulting in visibility and control of the supply and demand chains more essential. Today, every retail business is trying to have an online presence with an E-commerce portal.

Custom Retail Software development comes in a combination of products and services that reduce manual work in a retail system with simple gateways of payment portals, features to highlight products and services, scalability options, discounts, business processes, brand imagery, customer oriented-services, and more.

Who Benefits from Retail Custom Application Development?

Store owners/retailers can benefit from custom retail development software applications because it allows multiple services and streamlines the entire business in one place. The software helps you manage daily tasks such as customer checking, inventory managing and buying, and finance tracking.

 How Custom Retail Software Solutions Help Retailers?

  • The Custom Retail Software Solutions are specially developed to meet the retail business requirements.
  •  All these retail custom software applications and consulting services take care of the technology layer of your business and help you sell more effectively and manage a better impact.
  •  With the right custom software solution, retailers can streamline transaction processing even faster and easier.
  •  It allows the retail business to increase efficiency and reduces human errors in the collection of data.
  •  Also, the Retail Development Solution allows you to collect and store customer details for future advertising and promotions of their products.
  • Lets you organize, simplify, and automate daily business activities, procedures, and transactions smartly, thus reducing the manual effort needed for few manual operations.
  •  Allows retailers to improve inventory management system by providing current details on inventory and also identifies essential extra inventories to run the business smoothly. 
  •  It helps retailers to plan product/service promotions, forecast performance, and predict the profits.

Custom Retail Software – Key Benefits

  • Reduces the operating costs
  • High level of customer satisfaction
  • Ensures positive customer experience
  • Enhances Productivity
  • Increases the overall efficiency in daily operations
  • Improves the Returns On Investment (ROI)
  • Easy to implement on any platform and device.
  • Ensures a positive and unique customer experience.
  • Acess business analysis reports from any location globally
  • Helps in the growth of your retail business expansion
  • Saves money on inventory management
  • Updates inventory system supporting changing needs
  • Tailor-made services to meet the specific needs
  • That ensures safety and security against threats.
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Why invest in human capital?

Every employee should matter to an organization. This is because he/she brings requisite knowledge, specific skills, and unique abilities into play at the workplace. They aid in completing various tasks for achieving the concerned organization\’s objectives. In other words, they enhance the economic value of this organization. Yet, few employers grant importance to the career or personal development of their employees. They have not understood the benefits of investing in the vast human capital available to them.

Communication is the Key

It is imperative that the workforce feels at one with the establishment. There should be that \’feeling of belonging. This can happen only when the quality and quantity of information moving up and down the hierarchy remains at healthy levels. Everybody should know about things that matter for attaining organizational goals. Towards this end, it would be good to have mentorship programs in place. They should serve to keep the channels of communication between subordinates and superiors open and simple. They will always aid the company in improving the communication skills of employees.

When organizational staff is satisfied and happy, it goes all out to keep clients/customers happy. Every interaction between an employee and a client remains positive. Thus, the establishment improves productivity and performance.

Engaged and Educated Employees Are Happy

It would be good to offer challenging tasks and opportunities for employees. When the workforce finds itself majorly engaged, it becomes more productive. As employees find doorways to career advancement opening up before them, they begin to change in behavior. Over time, they develop deep loyalty towards their organization. The wonderfully positive culture at the workplace will induce them to come to work willingly, every single day!

Then again, in this age of globalization, professionals have to keep themselves abreast of technological advancements, new knowledge, and current happenings. Therefore, the organization should launch educational programs and training courses as and when needed. Even well-developed social programs are imperative, for they cater to improving the physical and mental health of employees.

Enhancement in Retention Rates and ROI

Will any employee feel like seeking another job opportunity when his/her current place of work is perfectly satisfactory? Of course, he/she will not! The concerned organization allows for career growth, personal growth, and the development of leadership qualities. Thus, investment in human capital suffices to increase the rates of retention. As employees stay on for a long time and gain newer experiences, they add tremendous value to the concerned company.

True, the company has to spend on rewards and bonuses, promotions and increased wages, etc. However, everything will be well worth it in the end. These actions will prove to be a splendid return on investment (ROI) in the long term. Therefore, it would be good for employers not to be tight-fisted!

Finally, the recruitment of the \’right\’ employees becomes more comfortable to handle. Thanks to the close-up study of human behavior, interests, etc., employers will comprehend what kind of human capital will prove most beneficial for their respective organizations. Therefore, they will invest wisely and well!

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TQM in Accounting

TQM, also known as the Total Quality Management system, is an accounting practice followed by enterprises globally. According to this concept, organizations can produce goods and deliver them with fewer defects. This practice is also considered as a \”lean business practice\” that allows enterprises to have continuous improvement along with just in time production and just in time inventory management.

TQM covers the entire organization right from management to department heads, managers, and other employees. Under this practice, employees are motivated to produce goods with higher quality and at the same time, find faults in the process. Managers are supposed to find inefficiencies and defects in the process and also contribute to the improvement of these processes by implementing new techniques or methods.

Lately, organizations have become wary of the importance of their employees in gathering performance-related details. The employee is by far considered to be the most important resource in the company and no more tagged as \”auxiliary.\” The performance of a company is determined by the way people interact and work with each other. If a TQM is inevitable in accounting, then it is required to gather useful information about all users. Currently, the financial accounting system does not capture necessary information for and of employees. As a matter of fact, not until June 1997, France was the country that started maintaining a social balance sheet that captured all social information of users. The consequence of this initiative was that the social balance sheet comprises of various information of users such as their salaries, social expenditure, etc. The objective of this social balance sheet is to have continuous improvement, which is the fundamental of total quality management. This also further extrapolates to the effective planning of human resources and always have monitoring and comparison of all data.

Just like the point, as mentioned earlier, is about TQM in accounting related to human resources, you can implement TQM in the account, which is related to the environment. It implies the implementation or combination of managerial accounting and financial accounting, which leads to a new accounting concept. Some people also call this as green accounting. However, the interpretation of green accounting can be different in varied contexts. At a country level, green accounting is considered to be the process of keeping a check on the accounting of natural resources. This, at a holistic level, has a macroeconomic view. This entirely talks about the consumption, quality, and quantity of natural resources. However, in financial terms, green accounting is related to the financial forecasting and computing of environmental costs and associated liabilities. In the case of managerial accounting, the concept of green accounting is all about computing investments that help in economic decisions.

In either of the cases, TQM plays a critical role because of it helps countries or organizations to effectively manage the resources and compute it at the right time for effective data population and subsequent decision making.  Total Quality Management is all about improving the efficacy of the country or the organization to bring them to a level where the number of defects is minuscule, and productivity is optimum, which can be easily accounted for.

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