FAQ About GDPR

Q: Does the GDPR allow me to send data outside the EU? A: GDPR applications globally, so no matter where your company stores or processes personal data-even within the EU, it must comply with GDPR guidelines. Q: Does GDPR apply to internal sites, such as corporate intranets, as well? A: Yes. Whether you're storing personal…

Q: Does the GDPR allow me to send data outside the EU?
A: GDPR applications globally, so no matter where your company stores or processes personal data-even within the EU, it must comply with GDPR guidelines.

Q: Does GDPR apply to internal sites, such as corporate intranets, as well?
A: Yes. Whether you're storing personal data about consumers or employees you must still abide by GDRP guidelines.

Q: What are the GDPR requirements around classifying data?
A: GDPR does not explicitly require data classification, but given the rights that it grants to EU citizens, and the requirements of any company storing a citizen's personal data, classifying data is practically non-negotiable. For example, companies must inform individuals about all of the personal data that they have on file, and must get their consent before processing it. Companies must also ensure that they are taking appropriate measures to protect that data, and can only store it for the prescribed purpose and period of time for which an individual wave their consent. So there's really no feasible way to abide by these requirements and responsibilities without cataloging your data and knowing the location of any personal data that falls under GDPR jurisprudence.

Q: Does GDPR require encryption?
A: Not in a prescriptive matter. Instead, it gives you guidelines and strongly suggests that you encrypt.

Q: Has the EU established any best practices about what it means to be compliant?
A: The EU has published guidelines, but keep in mind that GDPR is just the baseline-each country has the authority to include additional requirements. And GDPR is more about giving you guidance, rather than providing highly prescriptive instructions.

Q: How does Brexit affect this?
A: Unfortunately, the UK is no longer considered to be on the same level as the EU member countries. As such, the UK will no longer be considered adequate in abiding by terms of data protection laws. However, the UK is doing its part to comply with GDPR.

Q: Will there be an official GDPR certification?
A: Usually, but it will not be completed for at least a couple of months after GDPR is implemented. In the meantime, you can build on top of ISO 27001, and Microsoft has its own GEP analysis to help companies figure out how to get compliant.

Q: Are any independent groups giving assessments?
A: coalition of cloud infrastructure service providers, called CISPE, has developed its own code of conduct that's intended to help companies get started. In December, the Cloud Security Alliance released its code of conduct, which we are evaluating. In the meantime, we are sticking with ISO 27001 and staying in contact with the EU's Data Protection Authority.

Q: Do data retention requirements override an individual's right to have their data deleted?
A: Yes, there are a few exceptions where personal data must be kept for tax or legal reasons to run your business. However, the whole notice of companies having carte blanche permission to collect and keep data has been done away with.

Q: Is IP in scope for data subject rights?
A: Yes. In fact, IP is in scope with the EU's existing DPA regulations, but GDPR significantly broadens the definition of personal data to include any information that can be connected with a known person. Examples include browser history and social media activity. It also makes special provisions for information related to an individual's physical and mental health, such as genetic and biometric data.

I hope these questions get you thinking about what you can do to prepare for GDPR.

CRM Hacks to Increase Sales for Your Mid-Size Business

While most companies know what a CRM solution is, few CRM Consultants effectively guide companies how to properly use CRM to generate their extra sales. This especially holds true for mid-size companies who do not have pockets as deep as their larger competition. Making maximum use of this tool can make an awesome difference in…

While most companies know what a CRM solution is, few CRM Consultants effectively guide companies how to properly use CRM to generate their extra sales. This especially holds true for mid-size companies who do not have pockets as deep as their larger competition. Making maximum use of this tool can make an awesome difference in their top line.

CRM, as we all know, are great tools to help companies get a 360º overview of their entire customer data. It links the data to the rest of the data management systems in various other departments of the organization. It is also worth mentioning that Salesforce, Microsoft or any other Open Source CRM Development Services, have changed the way mid-size businesses use their CRM platforms.

The real utility of these amazing software, however, is how it helps companies build a customer-centric business model that automatically bonds all the departments to fill one, clear objective of the company: keeping the customers happy.

Let us explore a few tricks and hacks that are sometimes forgotten by companies while using their CRMs.

Enhancing Traditional Sales Methods:

Most mid-size companies in the US use a combination of traditional and new age processes to drive sales. By traditional, we mean cold calls and face-to-face appointment setting. These processes are majorly dependent on human-generated sales leads.

One should keep in mind the power of relationship building in sales. For years, sales agents have built up their databases for prospect clients directly on the field or from other third-party sources. This valuable lead base is often lost when the employee leaves the organization. Manually entering the purchased lead contacts into the system at the office takes up to 15 productive workdays in a year, in a traditional traditional sales setup.

When you implement an automated CRM mobile app with your field sales, reps can enter the data into your system in real time. The organization has to communicate to the sales agent the benefits of having such a system as it becomes much easier for them as well to manage their own data.

In our CRM consulting sessions, we can not stress enough how this newly acquired lead data is important to an organization. It directly connects to the rest of your data system. It can also be easily traced if the particular lead was previously associated by another sales agent, and whether there is a previous good or bad history with them. Such a process reduces the sales cycle so sales agents will not have to run around to find out about the lead.

Managing Digital Leads:

Digital leads, as the name suggests, come from digital sources. Digitally generated warm and cold leads may come from your email list, paid campaigns or other website referrals. This information is taken into account for your CRM Integration .

If the same client has been generating queries from various digital sources engaging in conversation multiple times, and visiting your website multiple times, it most likely indicates that they are interested in your product and there is a high chance one can convert them. Sales managers can segregate low-hanging leads this way using the CRM data.

Even for the emails going out to your email list, CRM data helps in designing special campaigns. It also can personalize the offer to fit into something they are really looking for.

Relationship Management:

In account-based or high net worth selling, relationship management is undetected the key to acquire, retain and upsell to clients of the mid-size business. CRM is now a highly customizable tool that lets you capture detailed information about the decision-making process.

Apart from a history of complaints, such as RFQs for example, one can also capture personal details in the CRM. For instance, their favorite past time. It could be tennis for a few, and golf for others. This means when you schedule your next client meeting, you can plan it accordingly and help them meet other like-minded professionals. This can help strengthen your customer-client relationship.

Even for service agents in mid-size companies, in-depth data about client history can help them create better offers. They can also have more meaningful conversations, even if the last relationship manager has left the organization without a hand-over to the next one.

Top 5 Challenges Artificial Intelligence (AI) Must Address

Artificial Intelligence (AI) has the potential to completely redesign the way in which businesses operate across functions, including customer service, marketing, and finance. There are numerous AI development companies who can help you in developing modern AI-powered solutions for your business. But as it is the case with other emerging technologies, there are challenges, and…

Artificial Intelligence (AI) has the potential to completely redesign the way in which businesses operate across functions, including customer service, marketing, and finance. There are numerous AI development companies who can help you in developing modern AI-powered solutions for your business. But as it is the case with other emerging technologies, there are challenges, and AI is not an exception. According to a new survey carried out by MIT-Boston Consulting Group, 85% of executives believe AI will transform business, but only 20% of companies are using it in some way, and just 5% make extra use of it. The adoption of AI is very low because of the obstacles which come in the way of adopting the technology. Let's take a look at the top five of them.

  1. Lack Of Organization & Ineffective Leadership: The hierarchy of a business can be quite complex. There are multiple heads of different departments who need to be on the same page in order to take mutual decisions for the betterment of the business. These heads have to drive their AI efforts together, at the same time and with the same effort level. Lack of proper organization and ineffective leadership of these heads lead to unclear, overlapping responsibilities, which absolutely hamper all your company's investments in AI technology. There should be proper sync among all the departments in order to take decisions related to the adoption of AI.
  1. Not Picking The Fundamental Problems To Solve: Mostly an analytics team or many diffused analytics teams and innovators of your company work on a myriad of smaller projects on the fringes of the core business. But they ignore working on the fundamental ground in order to achieve the automation efficiency needed by the core business. You must concentrate on harnessing the power of AI solutions in the areas of your business priorities. For example, sectors of your business that generate significant revenues where automation can improve profit margins or reduce the percentage of errors and faults.
  1. Unexperienced & Untrained Professionals: In most of the companies, there is a shortage of AI brainpower and talent. In a survey carried out by PwC's Digital IQ, only 20% of executives said their organizations had the skills necessary to succeed with AI. This lack of required experience and potential is one of the biggest challenges which comes in the way of using AI for enhancing the productivity of a business. Many organizations know their limits and no more than 20% think their own IT experts possess the expertise necessary to handle AI. The demand for machine learning skills is growing faster, but proper training is not easily available. In such a scenario, where AI talent is scarce but in very high demand, most of the companies are scouting innovation from third-party sources, such as incubators and accelerators, university labs, the open source community, and hackathons.
  1. Inaccessible Data and Privacy Protection: In order to train machine learning algorithms you need massive and clean data sets, with minimal biases. Most of this data is not ready for consumption because it is in unstructured form. This data contains sensitive information and is stored in a different processing system. As a result, most of the companies tend to invest heavily in creating the effective infrastructure to collect and store the data they generate and to recruit talent capable of performing encryption of this information so that to make it usable and productive.
  1. Trust & Believability Factor: It is very difficult to explain a deep learning algorithm in a simple way to a person who is not a programmer or engineer. With such a complexity those who may wish to bet on AI in order to harness new business opportunities may start disappearing. Most of the companies which are lagging behind in digital transformation, have to revolutionize their entire infrastructure in order to adopt AI in a meaningful way. The result of AI projects might come a little late as the data needs to be collected, consumed and digested before the experiment bears fruit. Most of the entrepreneurs lack the required degree of flexibility, resources, and bravery that is needed to invest in a large-scale machine learning project with no guarantee.

These are the five biggest challenges that you need to over if you want to start making effective use of the growing number of AI-powered tools that are available in the market. But these obstacles can not stop AI to transform the way in which businesses function. In case you need to harness the benefits of AI technology in order to develop a solution to increase your productivity contact an experienced AI consulting company.

Facing Manufacturing Issues? An ERP Solution Will Solve Them

The key way to drive the success of any business or organization is consolidating its processes and gaining complete control over them. But, for that, one needs a single-point effective solution that will consolidate all the departments and channel the various processes. So, what makes ERP the befitting solution to answer to this call of…

The key way to drive the success of any business or organization is consolidating its processes and gaining complete control over them. But, for that, one needs a single-point effective solution that will consolidate all the departments and channel the various processes. So, what makes ERP the befitting solution to answer to this call of manufacturers? Its comprehensiveness with limitless modules and the ability to automate mundane tasks.

The primary motive for deploying an ERP is to accelerate the manufacturing processes by streamlining them and providing the organization with a single database that will help in better decision-making. However, here are discussed some back-breaking challenges faced by manufacturers and how ERP can solve them.

Failure to adhere to Quality standards

For the manufacturers, there is literally no place for errors in judging the quality of production. The success of your products depends only on their quality and hence there is a range of sound processes to maintain the quality of the product normally: inventory supervision, lot recall, tracking expiration date, stability test and so forth. While it is near to impossible for manufacturers to undergo all of them for over thousands of product daily with manual labor, ERP can track the factors easily to ensure the quality standards are met.

Inefficiency in Lot tracking

For both the raw materials as well as end goods, there's need for LoT tracking. Till now, it is traced by manual data entries. But with the massive amount of goods being handled, there are many chances of getting inaccurate figures resulting in wrong shipment or procurement. That's why ERP came to the scene, as it provides a complete solution for forward as well as backward tracking.

Lack of reporting

While manufacturers are struggling to get reports and up-to-date trends in the market with real-time data, ERP solves them too. It helps in sorting and organizing data across different departments, analyze them and generate reports using various tools. Not only that, the reporting database gets automatically updated with every new progress in the business and real-time information with data accuracy help vendors, partners and suppliers in planning their next move move effectively.

Issues related to compliance

It is difficult for every manufacturer to know the exact laws or industry compliances and streamline their every process accordingly. Also, rules and regulations vary from one region to region, obliging to which is quite challenging for the manufacturers, operating in more than region. ERP solves all of it by storing the compliance rules or regulations, updating them region-wise. It thus eases all complexes for businesses to keep up with the quality standards.

Improper planning and scheduling

Most often what leads to inappropriate scheduling is the inaccurate data due to mishandling. Imprecision in the production planning can hamper the productivity of the business or waste of resources. An ERP solution will help in alleviating all such risks in production and will save up the resources, time and costs of the businesses. It helps so by estimating data accurately on current inventory levels, sales forecast, materials procurement, and so on.

If your manufacturing and production process is too plagued with these critical issues, then ERP is the only solution. While all these explain why your manufacturing house needs an ERP system, you can rest assured with it about getting a broader view of your business's operations, financials, inventory and sales all the time.

Boost Business Agility and Revenue Growth With Technology Outsourcing Solutions

Why do companies prefer outsourcing technology solutions and technical support? The IT technology has moved on to skyrocketing levels of advances, making it difficult for every company for hire and maintain an exclusive IT department. More and more companies are opting for the strategic decision to focus on their core business and outsource rest of…

Why do companies prefer outsourcing technology solutions and technical support?

The IT technology has moved on to skyrocketing levels of advances, making it difficult for every company for hire and maintain an exclusive IT department. More and more companies are opting for the strategic decision to focus on their core business and outsource rest of the technology and technical support to a reliable and trustworthy outsourcing firm. Depending upon the IT requirements, companies have the choice to select the technology outsourcing services and technical support services from full spectrum of options.

Before some years, an in-house call center would be sufficient as the number of calls would be limited. Even the technical glitches were handled by consecutive departments of the companies. With so much technology and technical innovations and regular updates, meeting all points has become difficult and costlier affair. The best and lucrative approach is to hire a third-party service provider that can provide 24/7 services at affordable rates.

Let us discuss which services can be availed by outsourcing technology solutions and technical support:

  1. Technology Outsourcing Services
  • Remote Infrastructure Management

Even through Remote Infrastructure management services, technology outsourcing service providers analyze your complex business issues, re-engineer your services and add leveraged value to your business. Virus protection, security and networking solutions, IT asset management, database administration and more are services under the remote infrastructure management.

  • Data Center Management Outsource

Data center can be regarded as the base or the foundation of any organization that keeps them functioning smoothly. Some of the services included in data center management outsource solutions are: Server backup management, Server consolidation, audits assessments, vendor management, database monitoring and support, etc.

  • Service Level Agreement (SLA)

As the term name suggests, Service Level Agreement is a written commitment by your outsourcing technology solutions provider to deal with your IT problems and close the ticket within the specific time-frame. Data security, multi-vendor support, standard reporting and dedicated service account manager are few things that are covered under SLA.

  • Network Telecom Management Outsourcing

Network telecom management outsourcing services allows the companies to keep better track and control over the expenses relating telecom network. Wireless solutions, WAN and LAN, Voice services, Network Audit and more are part of network telecom management adding value and substance to your business workings.

  • IT Helpdesk Outsource

The biggest advantages of IT helpdesk outsourcing are-

– It saves money.

– Reduces work-related stress.

– Simplify helpdesk management.

– Increase business productivity.

Hardware diagnosis, Customized 800 # and greeting, network support, foreign language support, customer satisfaction survey, Internet call tracking access, etc. few useful services that can be taken benefit from by IT helpdesk technology outsourcing solutions.

  1. Technical Support Services

Companies that have products, services or solutions that require technical expertise or help can reach out to outsourcing companies rendering technical support services. This would take away the headache from your mind about working on technical issues and let you concentrate more on core issues. It can be the ultimate answer to your challenges. Outsourcing technical support services can bring in huge cost savings. More than 50% savings in the expenses can be done. It means you get 24/7 support from an outsourcing firm. Whether it is a small firm or a large company, technical assistance can go a long way in bringing about desirous benefits.

Some of the services that are part of technical support solutions include:

– Consumer Electronics Support

– Messaging System Support

– Email Support

– Technical Problem Resolution for Tier / Level1 (T1 / L1), Tier / Level 2 (T2 / L2) and Tier / Level 3 (T3 / L3)

– Product Registration / Activation

– Broadband support

– Product Testing, Bug Fixing, and Patch Management

– Engineer Dispatch Management

– Trouble ticket management

– Complaint Handling and Dispute Resolution

– Warranty Management / RMA / SLA Management

– Service Pack and Database Upgrades

– Software Application Support

– Installation / Configuration Support

– Managed mobility support

Some of the benefits of technical support services:

– As a company you get complete support of the technical lifecycle. Right from per-sales to customer onboarding, product support, billing, accounting and customer retention everything is covered.

– There is remarkable cost cutting, so you save on money that can be used in any other business functions.

– Assurance of getting professional and skilled IT experts' help on technical issues. It saves on time and resources.

– There are no geographical boundaries attached to the outsourcing services, since if you have multiple offices in different locations or countries, one outsourced team handles all your IT related issues and that too in variety of languages.

The 15 Best Google Chrome Extensions to Install Right Now

There are over 1 billion active users of Google Chrome. It is the most popular web browser of all time. However, many of its users are unaware of Google Chrome Extensions. A Google Chrome extension is a small software program that enhance your web browsing experience. These extensions are easy to install and often easy…

There are over 1 billion active users of Google Chrome. It is the most popular web browser of all time. However, many of its users are unaware of Google Chrome Extensions. A Google Chrome extension is a small software program that enhance your web browsing experience. These extensions are easy to install and often easy to use.

To install a Google Chrome extension, first you must go to the Chrome Web Store. Once you are there, search for an extension you want. When you find it, click the “Add extension” button next to the extension. To use the extension, just click the extension icon that is located to the right of the address bar.

There are thousands of ways Google Chrome Extensions can positively benefit your daily life. Extensions can make it easier to stay on task, easier to make lists, and easier to see how much time you've spent on a website. They can help you take notes, or cite your sources. They can help you condense your tabs, and take some of the weight off of your processor's shoulders when it comes to running multiple tabs in the background.

Extensions can make your Google Chrome browser look nicer and run faster. There are extensions that can play ambient noise to help you focus or relax and others that can make viewing videos easier, and make enlarging pictures as simple as hovering your mouse over the desired image. To get the most out of Google Chrome's extensions, it is best to think about what you want out of your browser, then go to the webstore. However, we have saved you some time and compiled a list of our favorite 15 Google Chrome Extensions for 2017 to download right now.

15 Best Chrome Extensions in 2017

1. Gmail Offline

This extension is pretty self-explanatory as it allows you to read your inbox offline, as well as type out and queue a message to be sent next time you connect to the internet. Considering that over 1 billion people now use Gmail, it is easy to see why this extension is so popular.

2. Momentum

Momentum allows you to transform the “new tab” page into your own personal dashboard. The new tab page will display the time, a personalized greeting, inspirational quotes, weather reports, to-do lists, links to your favorite websites, and more!

3. Ultidash

Ultidash is similar to momentum, but tailor for those of you who work on the internet. It transforms the new tab page into a center for productivity. You can view how much time you spent on a specific website, you can block distracting websites, and use a “concentration timer”. The extension also features visually interesting photos, weather predictions, and inspirational quotes.

4. Any.do

For the busy-bodies out there, this extension is a helpful to-do list. It can sync with other apps and your desktop to flawlessly create a to-do list. You can create new lists, reminders, notes, share tasks, all with a drag and drop interface that is easy to use.

5. Strict Workflow

Do you struggle with spending too much time on social media, reddit, and other distracting websites? Strict workflow is an extension designed to limit the time you waste on the internet. It sets up a 25-minute countdown that blocks popular time-wasting websites like YouTube, Facebook, etc., When the 25-minute timer is done, you are allowed 5 minutes of free time before the timer restarts. This extension is a great way to force yourself to be productive!

6. Noisli

This unique extension plays ambient noises in the background. You can choose which ambient noises you prefer. Some are better for concentrating, others are better for relaxing. Finding the right ambient noise for you is a great way to increase the use you get out of Google Chrome.

7. OneTab

If you always have way too many open tabs in your browser, do yourself a favor and go download OneTab extension immediately. This extension compresses every open tab into one tab. This frees up space in your browser, while still keeping those old tabs in a place where you can easily go back to.

8. The Great Suspender

If you need to download OneTab, go ahead and download The Great Suspender as well. Open tabs drain your PC's processing power quickly. The Great Suspender extension suspends the need for your processor to be spending so much energy on all of the tabs. This will allow your device to function well for much longer.

9. Cite This For Me: Web Citer

A must-have for college students, this is another self-explanatory app. This app allows you easily cite what you're reading in MLA, APA, Chicago, or Harvard and save those citations for your clipboard, so they're easy to refer back to later.

10. Turn Off The Lights

This extension darkens the lighting in your browser when you view videos. This makes video viewing a more atmospheric experience, while making it easier on your eyes. This will also save your battery life if installed on a mobile device.

11. VideoStream

VideoStream allows you to stream videos from your PC, tablet, or mobile device to a Chromecast or Android TV without any other software needed. VideoStream supports subtitles, and can stream 1080p resolution.

12. The Camelizers

For the avid online shoppers, The Camelizers is an unobtrusive Chrome extension that saves price history information from websites you visit. It also allows you to sign up for price alerts.

13. Honey

Honey is another great extension for online shoppers. Honey automatically finds and applies coupons for you whenever you check out. All you have to do is hit the “Find Savings” button prior to checking out.

14. AdBlock Plus

Are you tired of pesky ads ruining your internet experience? Get rid of them with AdBlock Plus. This free extension will block ads before YouTube videos, pesky pop up ads, and sidebar ads.

15. Hover Zoom

This extension zooms over any picture you put your mouse on. This eliminates the need to open new tabs or clicking on thumbnails. This is especially recommended for those with bad eyesight.

SGM’s Digital Commonplace – How It Works & How To Optimize Systems

When James Cameron opened the Avatar premier with the fateful words … “Welcome To Pandora” – not many could have predicted the meteoric rise of the film to one of the highest-grossing of all time (adjusted for inflation) (only surpassed by his other blockbuster – Titanic). Widely regarded a modern-day “Renaissance Man”, Cameron's 40+ year…

When James Cameron opened the Avatar premier with the fateful words … “Welcome To Pandora” – not many could have predicted the meteoric rise of the film to one of the highest-grossing of all time (adjusted for inflation) (only surpassed by his other blockbuster – Titanic).

Widely regarded a modern-day “Renaissance Man”, Cameron's 40+ year career in the film business, entrepreneurship and digital design has brought the world such masterpieces as Terminator, Rambo, Aliens, True Lies, The Abyss, Titanic, Avatar and over a dozen documentaries covering everything from the Bismarck to “The Lost Tomb of Jesus”.

The point is that Cameron – unbeknownst to him – is the quintessential example of the type of individual who who have used a commonplace book even just 50 years ago.

Commonplace Books were meant as a tool through which people would be able to note down ideas, quotes and thoughts through their day; a cross between scrapbook and daily journal.

The difference between a “commonplace book” and the likes of a journal comes in the form of how it's used by its curator:

  • A journal is typically passive , a third-party attempt at providing insight into one's thoughts for the day – perhaps notifying down feelings, events and considerations.
  • A commonplace book is active – a direct tool used by many of history's “luminaries” as a way to collate, expound and manage their ideas.

Now, it's important to note that a “commonplace book” – although widely evident – was never really called as such; it was typically in the form of a “notebook” – which we can see clearly from the likes of Issac Newton and Leonardo da Vinci.

It's interesting to note that men who lived 100's of years apart ended up keeping “notes” in almost exactly the same way. This “way” is what became known as a “commonplace book” – but was pretty-much a free-for-all from the guys keeping the notes.

It means that the process of “commonplacing” was driven by a mindset – which ended up seeing into every facet of the work created by the various proprietors of different commonplace systems.

It's this mindset which lies at the core of a “digital” commonplace system (designed by SGM + Ludvig Sunstrom). Whilst the software has its own way of working – the key is understanding how it works behind the scenes. This tutorial looks to examine that …

Digital Commonplace Systems

The “commonplace mindset” is what has driven the development of a number of “digital” commonplace systems of late.

The key behind this “mindset” is actually simple – revolutionary progress.

Most people (in fact, this is why 99.9% never really do anything with their lives) are concerned with incremental progress. They operate within the boundaries set by other people … be it in art, religion, societal or business. They conform.

Conformation is not a problem in itself; it's a survival mechanism deeply embedded in our brains. The problem is that conformity stifles innovation; the pursuit of “new”.

EVERY time we see rampant progress (in some form or another), we see a brave individual (or collective) who innovated.

Whilst the pursuit of money, wealth or the power may have laid behind these individuals; the core element of their psyche that drve them was a sense of wonder as to what was possible.

In most cases, they saw that the majority of people at the time had been doing things either incorrectly, or extremely inefficiently … they endeavored to improve the issue for good. This is why most “genius” people are actually extremely mercurial; they have an underlying concept of life / beauty and can not stand anyone getting in the way of it.

Commonplace systems are their way of dealing with this process. Rather than focusing on things that have “already been done”, they concern themselves with new ideas, notions and pursuits. They do not settle, and are not overly concerned about the cultivation of wealth or money.

To this end, SGM's design of the first “digital” commonplace system may make some people question its veracity … the system is a world away from what a “commonplace book” might have considered centuries ago …

  • Focus on systems (not “strategies”) – the application is able to connect to * any * API data and manipulate it within the system
  • Immersive experience – the software's CORE focus is on putting the curator in a position to understand their “role” in society – understanding where you really “fit” and what you're able to change it
  • Proprietary data – taking heed of all the data added to the system, certain digital commonplace tools are able to manage proprietary data into entirely informative systems

The key thing to appreciate is that in EVERY facet of life, “systems” exist to deal with everything from how a Medieval castle would need to operate to how you're meant to have at a business dinner.

What most people lack is the correct perspective on how these “systems” are operating in their lives.

A “commonplace” (either analogue or digital) is really meant to provide insight into these “systems” (some may call them “habits”) – extremely culminating in the development of new ones.

The veracity and depth of the new systems created by the curator then determinates whether these systems can be “marketed”. The marketability of the systems determines the scope through which the user will be ascend through society.

Systems

The most important thing to discuss about SGM's digital commonplace in (particular) is its complete focus on cultivating a “role” for the user in question.

This could never have been achieved with paper alone – the depth through which a user is able to create a profile (populate with the various API integrations they have), map out their current systems / habits and the underlying nature through which the system is capable to mange the growth, development and optimization of the user's realm (through cultivation of new systems / ideas and better positioning) gives the way in which the “digital” commonplace products have excelled.

The point is that if you're able to “systematize” your life – most things become not so much a question of “if” but “how”.

If done correctly, a “modern” commonplace should paint a picture of trade, defense and opportunities for any budding “Renaissance” man. The most important thing it should do is focus the curator onto the development of products that can be distributed to a market.

We're in an age now where growth is determined by the level of creativity one bestows onto work. Regardless of what “self help” woo-woo idiots will tell you, EVERYBODY has to work. There's no “passive income” or “digital business” that works without your input. Sure, you can outsource various things … but in the end – you need to be able to create something that someone else wants to buy. The depths you'll go to make this work will determine who and why they wish to give you money.

The biggest problem today is that we're in a war for our minds. EVERY single day – we're fighting battles against junk food, convenience, easy living, stupid “investments”, “shortcuts” and all the other crap. I see it every single day – hoards of consumer idiots brought up into a world where they have absolutely zero purpose, reason or interest in thriving. They are so devoid of “connection” to the world that they end up trying to fill the void with video games, drugs and other hedonistic experiences. Even money does not fill the void … it just provides more interesting distractions.

The key thing that determined most success stories of the past revolved around two people – someone who invented a new idea / way of doing things … and someone who sold it. If you're able to consider this, and apply it to your own life – you should be able to relinquish the hidden shackles that 21st century life seems to have imposed on the majority of the populace.

The way in which SGM's Digital Commonplace (in particular) did this was actually quite intriguing …

  1. Cultivation of a ” digital world – through which the user is able to consider the TRUE nature of their standing in the world. Very similar to “Europa Universalis”, it puts the user squarely in the center of a vast trading empire (powered by their own data) – through which they're able to develop new systems, cultivate resources, build alliances and manage assets to bring about maximum levels of growth / development. This immersive nature of the software is where the majority of the core value has been derived – with such benefits as access to SGM's “masters” events and new systems being the core contributor to the success of many users of the system.
  2. Development of custom “systems” – being able to build a business, develop a brand, bringing a product to market and a host of other concepts are being developed continuously. Having a commonplace system which not only gives insight into these systems, but allows them curator to optimize and improve them, gives them a perspective never-before possible.

The KEY is to understand that whilst “meteoric” success is obviously interesting; the “magic” of commonplacing can attract success for anyone in their lives.

A simple switch from being a conformist to an innovator not only puts people into a position of creation, but also ensures that you're able to start compounding growth / success. This is the trick most “successful” people employed to rise through the ranks relatively quickly.

Such systems as how to keep a personal blog (and make it successful), how to identify opportunities and being able to design.

How To Optimize

If you're looking at developing your own commonplace system – or even use one of the digital variants available now – you need to consider the key element that drives growth – innovation.

Innovation is not an arbitrary idea – it's a core element of life. Everything from how you dress, to which movies (if any) you watch, is determined by how “innovative” you feel as an individual.

The largest aspect of a “digital” commonplace you have to consider is how it pushes “innovation” in a range of elements of life. Obviously, one can become extremely incredulous about this – thinking that you have to “innovate” for the sake of it (which is NOT true at all) – a healthy understanding of how you're able to continuously push in a personal capacity is really all it takes.

Having a simple “note taking app” is not going to do this. Nor is having some random “API integration tool” – the depth and inspiration derived from a digital commonplace solution is what should be considered. No amount of “optimization” is going to replace that.

Backup Software Matters So Much and Make Sure You Get the Best

A company that has spread to 165 countries over an experience of 15 years is certainly worth trusting. Server protection is the name of the game, since that is where the software wonders originate. While the army is engaged in safeguarding the geographical borders, it is at the server level that security is needed most.…

A company that has spread to 165 countries over an experience of 15 years is certainly worth trusting. Server protection is the name of the game, since that is where the software wonders originate. While the army is engaged in safeguarding the geographical borders, it is at the server level that security is needed most. Like every company, they started off as a startup and have now reached the status of a mighty giant. Backup Software is sheer common sense and all the sensitive data require such a facility. Instead of taking everything for granted, it is wise to invest in such software, since being safe is better than being sorry.

Mountains of data crisscross each day

It is hard to imagine the amount of data that travels up and down over internet highways each moment. While much of the data like the millions of images and videos serve no particular purpose, it is agreed that some data can be very fragile and sensitive, and obtaining them can help some evil minded forces. Just like every individual and family will have some such private data to protect, just imagine financial agencies and defense departments that would have many secrets to protect. In other words, each organization will need some such protective barrier like the security agencies at every home and office gate and compound. The principle is the same, whether through weapons or software.

What exactly will be protected?

Virtual worlds are vulnerable, just like physical worlds are. The online universe may appear like a dream world, but the dangers are very real, just like pretty lakes and the possibility of drowning! The software protects files and folders and apps too, that make up most of the work systems active on millions of computers and other smaller gadgets. The variety of software functions are mind boggling and customer relationship management software for instance combines many of the communication and working functions within a single interface. So convenient, is not it, but it requires backup protection. Entire work systems that could consist of hundreds of workers actively engaged from different locations would need such a security backup, sometimes in the cloud or onsite. Backup Software is exactly what you need.

Companies that manage many sites need such software

Chains of businesses like schools have now become the norm with global mega businesses taking root to cater to mighty demand, whether for products or services. Likewise, it is the age of the website through which record transactions take place, like online retail selling. Especially in such apps that involve transactions involving credit cards that could lead to fraud, such security and protection would be doubly important. Working through a single screen, managing numerous sites would be easy. Generating global reports would be possible to view company performance at a glance. Backing up and restoring would be achievable quickly. It is an easy web app that works remotely.

Hyper-V hosts and guests, physical servers, drives, what will you backup in? It would be able to accommodate backups in a variety of environments like local drives, USB drives, the private or public cloud, tape, iSCSI etc. Just imagine the advantages and the heightened security possible? Is business life possible without such a safe backup facility?

Protect from crashes and disasters

Servers crashing are the most common phenomenon with such a huge number of them at work simultaneously. The load and the stress upon servers can well be imagined at any point of time. Crashing servers need not be a horror story anymore. The recovery software immediately gets them back for you so that work can proceed as usual. Within a few clicks, the entire system is restored. No time is lost and the performance and productivity continue with no interference. Selective restoration of particular files and folders would mean that the entire system should not be worked upon, only what is immediately needed.

Artificial Intelligence And Its Applications In Simplifying Claims Processing

Unlike traditional processing of the claims, the introduction of the artificial intelligence in the insurance world has made the claims process smoother than ever. Although earlier many assumed artificial intelligence as a science fiction thing, this concept as finally identified its relevancy in various industries and is consistently gaining momentum as an essential tool for…

Unlike traditional processing of the claims, the introduction of the artificial intelligence in the insurance world has made the claims process smoother than ever. Although earlier many assumed artificial intelligence as a science fiction thing, this concept as finally identified its relevancy in various industries and is consistently gaining momentum as an essential tool for automating complex business operations.

While insurers find claim processing as a daunting and time-consuming function, higher customer satisfaction, reduced claim costs and less loss ratio are some of the key liabilities insurance industry is striving to accomplish. Since a customer already has suffered a big loss, he / she does not want to take the additional stress of complicated processing of the claims and expects his / her insurer to face the moment-of-truth. Here, the role of AI comes into play in making claims processing more efficient as well as in detecting fraudulent claims.

Automated claims processing is reshaping insurance industry by delivering efficient, customer-centric solutions from First Notice of Loss to final settlement. Additionally, AI- enabled insurance software is enhancing productivity, assisting customer satisfaction, cutting adjustment expenses and reducing TAT for settling claims. Here, we are discussing few ways AI is helping insurers with smarter processing:

Faster Claims Processing Automation

Although digitalization has made insurance industry to adopt digital solutions for handling claims processing efficiently, some of the companies are operating manually. They initiate claims processing with matching claims with customer's information stored in their databases. Finding this data could be challenging and thus, it takes more time than expected.

But AI has made its mark in this industry. It excludes manual tasks and provides better end-to-end claims processing automation. It facilitates the process by integrating information in different systems and thus, reduces the period and cost of claims handling significantly.

Effective Handling of the claims

AI- enable insurance software automatically carries out most of the tasks while freeing up claims adjuster to focus on other key aspects like evaluation of the claims, its investigation, and handling of the negotiation part. Even customers can take the advantage of this software by checking the history of the submitted claims as well as status of the current claims. Additionally, they can submit their claim applications online.

Intuitive Response

Since a customer is known for ruling the market, insurance industries intend to deliver a seamless experience to their customers including faster claim settlement, Omni-channel support services including phone, email, and social media. But this is not possible when handling claims manually and since sometimes companies end up creating a wide gap between customer's expectations and the level of service delivered to them.

Here, AI comes in and provides seamless customer experience across multiple channels for all stakeholders. It modifies the communication and information flow between claims agents and customers involved in the claims process. With having omni-channel communication and various data sharing sources, insurers get a clear view of the claim and then, able to deliver faster and consistent responses to their customers.

Cost-effective solutions

AI significantly cuts down insurer's costs by providing accurate claims settlement solutions. It holds the capacity of checking repairs that needs to be made and estimated their costs. In addition, it helps adjusters to focus on other works by automatically analyzing damages done through photos. Also, it tells if any repair, salvaging, or assessing needs to be done or not. But, the final decision is solely taken by the claims handler itself.

Detection of Fraudulent claims

Every year insurance industry suffers a loss of 50 billion dollars reportedly due to the settlement of fraudulent claims. And, as a fact, generally, this fraud detection is done right after the settlement is made in contrast to the initial phases when it could be mitigated easily. However, the experts in this industry have started taking proactive measures and implementing innovative technologies and tools to detect fraudulent claims. Even though, many smaller firms sometimes fail to notice suspicious activities.

For such companies, AI, due to its higher intelligent automation process, opens the door and help them to recognize fraudulent claims. Further, AI's capacity of pattern-spotting and understanding contextual data enables insurers to keep a constant check on the information flow as well to access customer's claims history. This, in turn, facilitates the detection of anomalies and segment cases that appears to fall under fraudulent claims early-on.

Outsourced Product Development – A Trend or a Business Necessity

Nowadays the concept of outsourcing is a new hype in the software industry and many businesses are investing billions in outsourcing all their core and non-core product development activities. Since companies are intended to bring innovative products to the market quickly, they need a strategic model of outsourcing for their upstream functions such as product…

Nowadays the concept of outsourcing is a new hype in the software industry and many businesses are investing billions in outsourcing all their core and non-core product development activities. Since companies are intended to bring innovative products to the market quickly, they need a strategic model of outsourcing for their upstream functions such as product designing and product development. An external engineering expertise not only reduces operational costs but also provides long-term benefits which, in turn, help to stay abreast of the competitors.

Although reasons could be numerous, the consistently emerging market competition has actually drawn companies into new markets, domains / technologies for which they require expertise and skills in place. But when a company recognizes that they lack required infrastructures or skills, they end up on outsourcing product development activities. From this, it is evident that outsourcing is just not a mere trend but a business necessity which help companies to transform their raw ideas into innovative products. Let's discuss in detail few reasons for why outsourced product development is a business necessity:

To Gain Expertise in Multi Domains

A saying states that it is always better to have more, which is true especially in the field of product designing and development. In order to build innovative and unique products, working on multiple concepts and theories is truly important. It not only helps to differentiate your product from others but also helps to determine product's competitiveness in the market. An outsourced product engineering firm generally has a team of design experts who work collaboratively with industry experts to build a working prototype of the product.

To Focus On Other Core Activities

Other than product development activities, a company needs to focus on several other tasks including IT operations, marketing, and sales. Not necessarily, engineering requirements are the only core requirements of every company especially when most of the R & D activities can be outsourced. Cost, in-house expertise, complex development processes, and resource management are some of the key areas which a company find challenging to deal with. Also, development teams are often swamped with numerous projects that require assorted expertise. Here the role of outsourced suppliers comes into play. Their dedicated resources focus on a single project while freeing-up company to focus on other activities.

To Minimize Staffing Requirements

Since different projects have different requirements, organizations consider recruiting new talents for short-term periods to complete a specific project. But is this reliable to hire full-time employees that may put an extra burden on HR department as well as can create confidentiality risks? Getting the right person on board usually requires more time, and sometimes training sessions to learn. While outsourced firm, with their full-time staff, can help in completing development projects on time, nothing could be better than applying targeted expertise at the right time.

To Meet Fixed Project Timelines

It is very usual for companies to miss their project timelines due to failing in committing resources to it. On the other hand, outsourced partners, prior to signing a contract, clearly understand a project's timeline and requirements and consider assigning their resources on it accordingly so as to ensure its on-time delivery.

To Minimize Operational Costs

High developments cost is one of the basic reasons why companies outsource engineering firms. Outsourcing helps to minimize product development costs by considering project requirements and deciding a budget for it. Outsourced partner allocates resources and prepares regular reports in accordance with to keep the company informed about the expenses made for the changes other than the fixed budget.

On the other side, when product development is carried in-house, it becomes challenging to allocate extra resources or time for the new requirements. But outsourcing identifies the areas where extra resources are needed and sets a budget for it. With holding years of experience in optimizing product designs, outsourcing can help business to achieve their goals is shorter span of time.

To Win Over Competitors by Gaining Market Ownership

As we have mentioned earlier, businesses are striving to gain a competitive edge over their competitors, which is only possible when they would have a clear picture of the market trends and customer's requirements. Their launched products should be unique and innovative for a customer to accept. Outsourced partners with their expertise can be a great help in terms of bringing creative ideas to the table. Also, by performing a complete market analysis, they can assist with the products having higher demands in the market, customer's expectations, scope of transforming existing product, and marketing strategies for launching a product.