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Tech

The BI (Business Intelligence) solutions depend on analytics. BI enables the transition from user engagement to collective insight, in business environments. The leap involves the maturity of the analytics capabilities employed. Organizations all over the world need to turn raw data into insights that are relevant for them.  In order to do this, they employ custom-tailored BI platforms and applications.

Think advanced visualizations, dashboards, reports, data warehousing – all notable BI technologies in 2018, according to Forbes. Employing BI tools in manufacturing is now the standard. They can provide key answers to many questions, such as exactly what and why is happening inside a company’s operational processes. BI tools can also point out how to optimize the said processes.

Having a stream of (real time) data at hand can often make the difference between a company and its competitors. This field is hot – and it will increase its traction even more.

A bi-survey.com statistic shows the BI trends for 2019 as such:

Examples of BI applications:

  • Real-time monitoring
  • Performance metrics (KPIs)
  • Decision support
  • Business reporting
  • Exploratory Data Analysis
  • Data mining (e.g. anomaly detection, clustering, classification, association rule learning, regression)
  • Root cause analysis
  • Predictive analytics
  • Business Process Management
  • Complex Event Processing (e.g. Fraud detection, Dynamic pricing, optimizations, monitoring, security)

 

A standard data route in BI (example)

The general approach in BI applications consists of retrieving the data from the data sources and getting it into the staging area, for the ETL (Extract, transform, load) process. Then into the warehouse. Grouped into types of data, the information is distributed onto data marts (Purchasing, Sales, and Inventory). Here, the data is available for analysis, reporting and mining.  

FYI:

We like to keep connected to the latest Internet of Things technologies. We know the emerging frameworks and we explore the latest developer kits. While dedicating time to R&D activities and to professional growth & development, our engineers also test various tools.

We provide fast prototyping. When it comes to business intelligence, we are able to link your data to the real world, via connected systems and the cloud.

As IoT solutions imply the use of sensors in over half of the cases, the implementation of analytical algorithms and engines for statistical analysis is our forte. Our analytics and big data knowledge is great. We design and deliver exactly the products, connections & innovations that fit your requirements, because we truly understand them.  In case you want solutions for your customers, we also know to map out what your customer needs.

The LASTING Software Team* working on BI projects currently holds responsibilities in the following areas, (employing technologies and tools such as Microsoft SQL Server, T-SQL, PowerBI, DataVault & others):

  • Database Design – DWH
  • Database Performance
  • SQL / query optimization
  • ETL processes
  • Reports and dashboards
  • Deploy

*Credits for parts of this material go to our BI team.

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News

Business entities need to follow specific rules and regulations, as per the governing authority in the area they are located. This also goes for the area they actually have their activities and operations. The current business environment is a global one, almost in a mandatory way. Therefore, what happens in Europe (think EU, think GDPR and the EU take on competition) is likely to affect various organizations around the world. There is no circumventing the new increased compliance regulations, but there are software solutions to help.

As we can see with the naked eye how the world becomes more and more complicated around us, we can also see how technology progresses. The latest solutions, the next-gen ones, the empowering ones – all illustrate instances of technology coming to the rescue.

To be more explicit, we are in the Big Data area. Huge amounts of information flow through the companies informatics systems nowadays. The regulations establish responsibility and liability for the safety and privacy of the said data. Partly because it comes with a right of ownership deriving of each individual being identified and linked with its own data. Partly because technology (again) can transform this raw information into powerful insights, guidelines, decisions and key timings.

Organizations everywhere need leading-edge, custom-tailored software, versatile software solutions to achieve the necessary compliance. Of course, depending on their specifics, their demand refines down to various types of solutions. But quality and personalization are a constant need.

 

Where do privacy and antitrust meet and where do they split again


Big companies have powerful infrastructures. It’s only logical that these will circulate critical data coming from all the customers that interact with their products and services. Therefore market monoliths generate Big Data conglomerates. These in turn input even more power into the same superstructures. As we mentioned, information is power.

To prevent negative consequences in terms of competition, antitrust measures in the European space touch the issue of data ownership.

The decision makers are fiddling with the idea of liberating data from firms. Individuals could become able to choose themselves how the data about them gets used. Or – probably – how it stays apart from statistic, insights, algorithms and other modern systems that feed on data.

Once the big companies see their privileges of access to inherent data restraint (of course, there is a big “if” involved), there will be a whole new horizon to contemplate. Some even list megatrends derived from the expected big shift in the companies-people relationship.

 

Working with Big Data, in a compliant way

When the data issue will get a zillion nuances, as in each individual deciding whom he/she wants to share their private data with, and exactly which data – companies will need extremely resilient, trustworthy and clever software systems.

It’s not they don’t need it now, as well. But an exponential increase in every software-related demand will appear. It may take businesses by surprise – another disruption. But it can also develop in time, just in case. Those who prepare in advance consider or already use AI solutions. Software solutions that are able to further grow, expand and connect with other future programs are yet another way to go.

Modular, flexible and versatile – but always on the quality side. Tech giants may fret about the perspectives of their conglomerates becoming fragmented, to protect the European market. Meanwhile, the rest of the organizations can anticipate further privacy-related disruptions. Both things have at least one common point – options. And where there are options, the software solutions need to provide them, take in the categories and process the inputs accordingly.

Personalization also comes from options, carried into the experience a company provides its customers with. So, we meet again with the same demand. That is, taking in differentiated data and processing it in specific ways.

Therefore, it is never too soon to begin tailoring the best software solutions for the data-related disruptors of tomorrow. Just plan for success and use the available predictions to stay ahead of your competition.

Remember that whatever software solutions you need (or want to develop for your customers), here at LASTING Software we have a Big Data expertise that may prove key in developing it!

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Tech

A clever Forbes editor once remarked that customers in fact couldn’t care less about IoT. End customers buy solutions, regardless of whether they are supported by an IoT structure or something entirely different. It’s the job of the provider to enable seamless solutions, which can stand in the background or step in the limelight, as per customer wish. The hardware has to be great, but so does the software.

Combine this with the way hardware production evolves from an exclusively hardware ecosystem into a combined, software-empowered environment. Now let’s think about software as a differentiator. There is no doubt the importance of top software solutions progressively increased, sometimes even in spaces previously outside the classical software development area.

The end customer, whose superpowers make or break businesses, wants a faultless, amazing experience. Being more or less aware of the backstage of his/her digital experience is a secondary fact. Either way, what makes the difference is quality and seamless functionality. Software solutions need to deliver exactly this.

 

Controlling what you provide in terms of software is safer for hardware producers

With past cases of (cheap) embedded software that tanked lines of products due to them being vulnerable to cyber-attacks, the industry increased their awareness. It became clear that hardware-related responsibility now included software-derived issues. As a consequence, control over your software and its development process, extra guarantees that it’s a quality-mindful and compliant product in itself – all these became very important.

For some big players in the field of hardware manufacturing this realization came way before the alarm triggered by cyber-security incidents. With the insights and the resources at hand, they made sure (or tried to, anyways), that quality software engineering goes into their products, be it in-house or externalized.

When following this pattern, other organizations upgrade their chances for success, as well as their operations. Just look at the technology news – great devices are worth considerably less when the software lets the users down. It’s a “definitely not like this” scenario, if not even a nightmare one.

Therefore, when looking for your software solution partner, don’t try to cut corners. Look for experience, perfectionism, professionalism. Look for talent, innovation, creativity.


In fact, give us a call or an email, because we tick each one of these boxes. Let’s meet each other and find out how we can be the team that delivers excellent products to customers everywhere!

 

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Leadership, Tech

ROX means Return on Experience and it expresses “how businesses create value across connected experiences and how that value can be followed and measured down into individual moments themselves”.

As you can see, the concept and its formula is not new. It is around since at least 2014, which means it is resilient enough. ROX didn’t go away, and the customers’ profiles indicate that it meets their evolution. The way customers interact with organizations and brands is increasingly experiential. Regardless of generational segmentation, people enjoy considering the way their providers treat them. From cold advertising to online or brick-and-mortar stores or meeting points, each move counts.

But how can businesses track a customer experience, trace the positives and the negatives? It’s all about going digital, of course. Even smaller businesses need technology to set up an omnichannel experience, let alone to follow what goes on during it.

Digital nowadays means Big Data. Sensors serve in capturing Big Data, and proficient software solutions in processing it. Relevant insights provide partially structured information. From there on, it’s up to the human decision factors. Strategy is at greatly eased once the digital tools support accurate prognosis.

Although the article we quoted approaches ROX in relation with marketing, it is more than this. As soon as an organization has the image of how its customers perceive it and interact with it at each level, decisions of all types may sprung and improve the business.

 

Customer experience analytics – a field open to competition

Back to 2019, and we find this on ROX in a Strategy + Business article:

A revolution in technology has created the devices and interfaces that allow people to interact with companies anywhere and anytime, and has enabled customers to influence a global audience with their comments or likes

Source

Now that the technology is able to provide further meaning and structure to the ROX concept, the software solutions make all the difference. The companies may have custom-made software tools made for their specific needs. Mixing and matching the right devices, hardware and software elements is now highly likely to provide a virtual crystal globe. All things related to your customers, from past experiences to what should you improve, are available in it.

Of course, most often than not, companies also compete for the same pool of customers. And that is why in a sense mastering the ROX concept is in fact a race. From grasping its meaning, to becoming an adopter and finding the best Big Data solutions – it is all a competition.

LASTING Software is experienced in Big Data software solutions that empower our clients to harness the power of newly available information. Also, user experience is one differentiator that will set you apart from the competition when you partner with us.

Contact us & move towards the right solutions that will enable you to better understand your own customers – with us!

 

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Tech

As CNN puts it “it’s impossible to avoid 5G at Mobile World Congress”. Diving into this subject and browsing extended discussions available in the online and printed press is extremely interesting, especially for concerned parties.

True, with 5G, many end customers feel entitled to be concerned parties. Their expectations are high and the estimated increase in the quality of services – similar.

However, until having this technology on the market in a viable and affordable form, the telecommunication, software and technology companies involved still have a lot of work to do.

 

More flexibility for the industries, as well as preparations in advance

Successfully delivering 5G applications requires growing the compute power present in traditional data centers

Sursa

In view of the extensive transformations to come, network architecture, topology and cloud strategy need reshaping. We found a few relevant clues addressing all, not just the specialists for this post. An RCR Wireless article (see link above), allows the Dell EMC Global CTO to shed some light on the current operations of his company, in view of making 5G available to various businesses. That is, as soon as the main players in the 5G technology resolve the infrastructure-related challenges. Not to leave aside the issues that spring from the lack of standardization and cooperation. When big companies compete with each other too soon in the wake of a new technology, this may be counterproductive. But perhaps the leading-edge tech giants can learn to avoid the mistakes of the past.

With 5G up and ready in terms of functionality, it’s up to the telecommunication entities, the software solution providers and ultimately the industry beneficiaries to turn the brave new world of ubiquitous connectivity into reality.

Timing is of the essence when it comes to business competitors. Hence, the best thing to do while waiting for 5G to be available consists of preparations in advance.

 

5G will be a leap into a different level, not just a simple step forward

Due to the technological differences it implies

5G is not just an evolution or a faster 4G–it’s a whole new concept and it’s as much of an IT project as a telecom effort

  • Dell EMC Global CTO John Roese

Subsequently, the professionals in this field expect to see a new breed of applications emerge. It is about taking advantage of single-digit millisecond latency. Making this possible will completely change the way we meet this particular data demand.

While there are myriads of new possibilities at application level, the solution (or solutions) in terms of network architecture will have to carry the data streams to and from. The aim here is perfection, since the greatness of seamless connectivity cannot exist in a world of glitches and fragmentation.

Operators are adding compute power to existing cellular sites–macro towers and colocation facilities, and third-party providers are standing up edge data centers in proximity to existing fiber-optic lines. In either case, the common denominator is IT infrastructure capable of dynamically supporting a wide variety of workloads that can be flexibly tailored to fit the desired application.

We invite you to find out more about 5G – related virtualization and automation in the source article.

We also want to remind you that our company is part of the 5G enablers’ greater movement, from infrastructure solutions to custom-tailored apps. Contact us for details – we are open for partnerships!

 

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