GigaSpaces, the provider of InsightEdge, an in-memory real-time analytics platform for instant insights to action, has announced that InsightEdge has been selected by Magic Software Enterprises to power their Magic xpi end-to-end integration platform.
This integration will enable companies to make faster and smarter data-driven decisions to boost revenues, reduce costs, mitigate risks, and outperform competitors. Providing the free flow of data between leading ERP, CRM, finance, MES and other systems, Magic xpi now leverages InsightEdge which unifies real-time analytics and AI to achieve lean manufacturing, perform predictive maintenance and automate operational workflows. Machine learning models run with sub-second latency on hot data as it’s born, while being enriched with historical context from data lakes, resulting in accurate real time actionable insights for improved decision making. “InsightEdge enables our customers to generate insights for C-level executives and line of business management and optimizes automated processes from an unprecedented amount of data generated by sensors and GPS readings from machines, products, employees, as well as inputs from shop floor apps, and back office systems,” said Yuval Lavi, VP Product Innovation at Magic Software. “The combination of integrated data from multiple sources, extreme data processing and real-time analytics provides insights that impact leaner operations and an improved customer experience.” Magic xpi running with InsightEdge enables several data driven processes, for example, using sensors to monitor equipment to predict breakdowns, performing predictive analytics to determine which and how many quality tests should be performed, and sharing supplier production data with partners and customers to identify delivery delays and adjust processes accordingly. McKinsey has noted that predictive maintenance initiatives can show a 10% reduction in annual maintenance costs and a 20% reduction in downtime with a 25% reduction in inspection costs for AI-driven predictive maintenance models. This is not the first collaboration between Magic and GigaSpaces. Magic has been using GigaSpaces’ XAP In-memory computing platform for years to deliver fast data streaming, aggregation and calculations, and last year announced an InsightEdge integration leveraging InsightEdge as an IoT Hub. Magic xpi customers will now have an option to run InsightEdge to experience the benefits of real time analytics. “Data integration combined with real-time advanced analytics is needed to fuel the factory of the future,” said Yoav Einav, VP of Products for GigaSpaces. “With the incorporation of InsightEdge capabilities into Magic xpi, we are bringing the power of machine learning to the shop floor and the back office to help companies optimise processes to maximize efficiencies and exceed their revenue goals.” GigaSpaces and Magic Software are presenting “The Insight-Driven Organization: Leverage AI to Transform Your Data into Revenue” on 6 November at the Design Offices in Munich Germany, starting at 8:30AM. The event will include case studies and discussions about market challenges, trends and real-world best practices for enterprises to innovate with confidence and become insight-driven. The post AI and Machine Learning from GigaSpaces InsightEdge harnessed by Magic Software's SaaS integration platform appeared first on Statii News. from http://news.statii.co.uk/ai-and-machine-learning-from-gigaspaces-insightedge-harnessed-by-magic-softwares-saas-integration-platform/
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UK-based Intoware, creators of the WorkfloPlus software platform that converts existing paper-based and human work process into easy to follow, step-by-step digital work instructions, has announced a partnership agreement with Librestream Technologies Inc., the pioneer of the Remote Expert platform for industrial enterprises.
Despite the growing adoption of technologies by businesses that enhance productivity – often under the banner of ‘Industry 4.0’ – many industries continue to rely on work processes that create mountains of paper. According to research by PriceWaterhouseCoopers, companies are expected to invest $907 Billion per year by 2020 in digitizing their businesses. As part of their agreement, Librestream will include Intoware’s WorkfloPlus work instruction software within its Onsight platform. Meanwhile, Intoware will add Librestream’s world-leading Onsight Connect software to its own product portfolio, launching as WorkfloPlus Remote Expert. WorkfloPlus Remote Expert software delivers a fully collaborative environment that allows teams to troubleshoot, assess, and rapidly resolve issues in the field by bringing in virtual experts via a live video link. Remote Expert works across a full range of mobile devices including smartphones, tablets, computers and smart glasses. By using Remote Expert, and WorkfloPlus’ digital work instruction platform workers in the field can harness the knowledge and expertise of colleagues at the touch of a button. Workers can share audio and video, circling and marking areas that need attention, adjusting lighting, and recording or capturing still images to develop a lasting knowledge base. Meanwhile back at HQ, the wider team can rapidly diagnose, inspect, and resolve issues. The software is designed to perform in ultra-low bandwidth situations such as offshore installations, remote locations with poor cellular coverage, or even from basements and sites where it can be hard to connect. “Librestream has shown itself as a real trailblazer with its Onsight platform. Collaborating with them to expand our reach into new territories and adding its Connect solution to our own WorkfloPlus suite is a significant step for Intoware, and should result in even better products for our customers,” said James Woodall, CTO and founder of Intoware. “Our customers have asked for an integrated platform that includes access to remote guidance, digital work instructions, and augmented content management. We selected Intoware after an extensive market analysis and product review process. This capability is in high demand by our customers and we are actively working with them to add Onsight Flow to their digital ecosystems,” added Kerry Thacher, CEO of Librestream. The post Intoware and Librestream partner to expand their product offering appeared first on Statii News. from http://news.statii.co.uk/intoware-and-librestream-partner-to-expand-their-product-offering/ Bone marrow or simply marrow is soft and spongy tissues that found inside the bones. It contains blood-forming cells called blood stem cells that create different blood cells including:
A bone marrow transplant is a branch of medical treatment that replaces the unhealthy marrow with that of the healthy marrow which is in short called BMT. You will be happy to know that the best BMT doctors in India have developed high quality and affordable treatment of bone marrow transplant among the Asian countries and now India has become the destination of the bone marrow transplant to them. What is bone marrow transplant? The BMT is a medical procedure that involves the replacement of damaged or destroyed marrow with healthy bone marrow stem cells. The transplant procedure necessitates extraction of healthy bone marrow stem cells and filters them to infuse back to the donor himself or to the recipient. Before transplanting the healthy bone marrow, chemotherapy or radiation or the both may be applied to ensure that the damaged marrows are killed. This is done in the following ways:
What are the types of bone marrow transplant? Bone marrow transplants are of the following three types:
The bone marrow transplant is usually made after chemotherapy and radiation. The best hospital for bone marrow transplant in India has the entire infrastructure for such treatment that acclaimed art of world-class procedure. They deliver the stem cells into the patient’s bloodstream through a central venous catheter. The mechanism is very much similar to that of a blood transfusion. The stem cells are transported through blood and finally reach the bone marrow and it does not require any surgery. How the stem cells are collected? The donor’s stem cells are collected in the following two ways:
Which diseases are treated under bone marrow transplantation? A bone marrow transplant is made to treat the accompanying illness of:
How does a patient prepare before transplantation? Before performing the transplantation procedure different tests will be undergone according to the patient’s health condition and medical history. Before transplant one or two tube (s) called catheter will be inserted into the blood vessel of neck and arm to give fluid, nutrition, or to draw blood. How does a patient prepare after transplantation? Depending on the treatment either autologous or allogeneic transplant, the procedure is performed in a hospital as an outpatient and does not need to stay overnight in the hospital. But the duration of stay depends on:
What is the cost of bone marrow transplant treatment in India? The bone marrow transplant cost in India varies from 15 lakh to 30 lakh depending on the type of transplant, the age of a patient, general health of the patient. Share this:The post Layman’s Guide to Bone Marrow Transplant appeared first on Statii News. from http://news.statii.co.uk/laymans-guide-to-bone-marrow-transplant/ ERP Designer- As early as the ’90s, businesses and analysts alike have foretold the death of the ERP system. Over 20 years later, however, ERP is still alive and well. Globalization, digitalization, the internet and a whole host of other technologies have made it virtually impossible for businesses to move away from ERP. There’s simply too much critical data housed in the underlying databases for elimination to ever be a viable option. ERP was criticized for its complexity and for being difficult to change without expensive and time-consuming coding — and still is. Customization is almost always a necessity and can mean locking into a current version or vendor because those customizations are impossible to maintain. However, this whole dynamic has changed in a relatively short period of time thanks to cloud technology advances and the burgeoning low-code/no-code market. Citizen developers are taking advantage of visual coding environments and machine-generated code to easily and quickly create high-performance applications that are custom-built to fit a business’ exact needs. While these low-code/no-code environments have been quickly adopted in consumer technology and app development, adoption has been slower in the enterprise space — and for good reason. Skeptics worry that we’ve been down this road before and that the rise of the “citizen developer” will lead to Shadow IT all over again: ungoverned, unmanaged solutions built outside of IT’s domain. I believe the citizen developer market will be huge in the coming years, but this growth should be driven by the citizen developer – not big software vendors like us. The true power of low-code/no-code development comes from the industry-specific and tailored functionality that can be added by smaller, specified app development platforms and their citizen users, which can be far more tailored to a single micro-industry than the software of an industry giant ever could. Even our company, which offers ERP solutions for many industries, can’t compete with the enterprise-specific apps citizen developers may create. And those apps will only be augmented by interfacing with and extending the capabilities of ERP platforms that already exist (no matter which ERP vendor they come from). To prepare for and be ready to fully take advantage of the benefits low-code/no-code can offer, organizations should put in place an integrated, “all hands on deck” approach, where apps built by citizen developers are governed and managed by IT, leading to a more successful digital transformation. While there will undoubtedly still be bumps in the road ahead, it’s time to set aside reservations and explore the possibilities of low-code/no-code — but not without a solid plan in place. Share this:The post ERP Has Reinvented Itself Again, And This Time It’s Going Designer appeared first on Statii News. from http://news.statii.co.uk/erp-has-reinvented-itself-again-and-this-time-its-going-designer/ Cloud ERP- In the face of growing competition and a challenging business climate, many job shops and manufacturers are looking for ways to reduce costs, streamline operations and improve the bottom line. Implementing Enterprise Resource Planning (ERP) software is a proven solution for running a business efficiently and effectively. Yet, a large percentage of job shops and manufacturers have held back from implementing an ERP system due to high initial costs, long implementation times, and competing demands for time and resources. Cloud ERP, sometimes referred to as Software-as-a-Service, or SaaS, delivers financial, implementation, and operational benefits to job shops and manufacturers. As job shops and manufacturers improve operational efficiency, and increase their competitive standing, most realize that an ERP system can help streamline their business processes and improve operational efficiency. However, recent estimates suggest that the lack of ERP is holding back companies. This is especially true in smaller companies. High initial costs – including software, hardware, and supporting infrastructure – lengthy and complex implementation projects, and the staffing necessary to implement and maintain ERP systems all become barriers to ERP implementation. With traditional on premises software deployments, customers purchase, install, manage, and maintain the software as well as supporting infrastructure, such as hardware and networks, in house. In a cloud deployment, the software vendor hosts, manages, and provides customers access to the software as a service over the Internet. Rather than pay for the software up front out of their capital budgets, cloud customers license it on a subscription basis, usually per user, per month, or per a specified number of transactions. On-going maintenance, upgrades, and support for the software and infrastructure are all the responsibility of the software vendor and are included within the subscription fee. ERP systems that are cloud deployed can also drive a significant reduction in the total cost of ownership, compared with legacy on premises deployments. The cloud model offers a wide range of financial and operational benefits for manufacturers which may include lower and more predictable ongoing costs, faster implementations and time-to-value, reduced cost of ownership, greater reliability and availability and reduced IT complexity. Article Credit: Small Business Trends Share this:The post You Can Thank Us Later – 5 Reasons Small Manufacturers May Need Cloud ERP appeared first on Statii News. from http://news.statii.co.uk/you-can-thank-us-later-5-reasons-small-manufacturers-may-need-cloud-erp/ ERP functionality- Enterprise resource planning (ERP) systems are an indispensable tool in an organisation’s financial strategy by providing a highly transparent way to collect, manage, track, and analyse enterprise-wide business data. ERP systems are crucial for managing numerous accounting processes, ensuring compliance, and reporting to stakeholders. But they come up short in one important respect—automated account reconciliations that ensure a timely and accurate financial close. Although ERP systems effortlessly attend to the “nuts and bolts” of accounting, verifying the journal entries, subledger tie-outs, and other complex transactional information, they don’t specifically validate this data for the financial close. This task falls to finance and accounting, which typically address the need manually, often using complicated, multi-line-item spreadsheets. In the post-Sarbanes-Oxley Act (SOX) era, the importance of an accurate and fully validated close can’t be understated. For example, ERP systems are great at verifying if the accounts payables (AP) subledger agrees with the AP general ledger (GL) balance or the inventory subledger agrees with the inventory GL balance. Since the ERP system can’t complete the “last mile” of the financial close process, many accountants must still step back to the last century and crunch numbers in a paper-intensive process. And since humans are imperfect beings, these manual processes often produce errors—such as keying in the wrong balance. Spreadsheets are cumbersome documents, so they create the risk of version control and data integrity issues. Tracking the workflows across a global business via streams of e-mails and printed documents is a nightmare. Worst of all, the specific goal of the manual processes—validating the accuracy of the ERP-verified subledger data—is often impossible to achieve because of inefficiency and inaccuracy. It doesn’t have to be this way. Technology is available to pick up where ERP systems leave off. Resting Easy All finance and accounting organisations seek assurance and comfort that their account reconciliation and financial close processes are accurate for both business performance and regulatory compliance reasons. More and more organisations are switching to an accounting solution to handle their financials; hence, there must be a good amount of beneficial reasons why. Handling business’ finances with clumps of expenses, boxes of receipts, and spreadsheets of income and expenses expose information to potential lapses and deductions. However, this can be resolved with the right accounting solution which provides an up-to-date, computerised accounting file which is crucial especially during the tax season. Accounting plays a key role in the functioning of any business. With global financial crisis in the recent past and a number of businesses expanding on a daily basis, the presence of a strong accounting system is the need for any business. Many accounting and bookkeeping firms are embracing the trends in accounting in order to reshape their business and simplify their work to a great extent. Many companies have built homegrown software systems that provide greater visibility and control around the reconciliation process. But these systems involve a substantial amount of up-front and ongoing work and resources. They often fall short of third-party financial close suites, which have more functionality and integrate smoothly with ERP systems. Share this:The post Plugging the functionality gaps of ERP systems appeared first on Statii News. from http://news.statii.co.uk/plugging-the-functionality-gaps-of-erp-systems/ ERP should stand for Earn- Iron Man has his powered armoured suit, Captain America his shield and Wonder Woman her bracelets of submission. When we are young, its tools like these we think will make us ‘super’ people. But as we become adults and come to grips with reality, our definition of what it takes to be ‘super’ changes completely. Especially in business, we have taken the term ‘super’ to describe leaders who have managed to find the right balance between work and life. The modern superhero we see lauded in the media is someone who is successful in their field while also making enough time for family and hobbies outside of work. That might mean getting home in time to put the kids to bed, finding time to train for a marathon, or just putting in the hours to learn how to play an instrument. We are in awe of these individuals not because of a tremendous feat of strength or heroic act, but because achieving a perfect work/life balance while running a successful business is one of the hardest things to do as an adult. The job is doubly difficult for CFOs, who are being challenged to navigate a complex economic landscape and be the CEO’s right-hand. It takes more than just superhero thinking and experience to achieve this, it takes super-powered technologies capable of supporting decision-making at the highest level quickly and accurately. Today, it is their ERP cloud application that delivers the real power CFOs need. ERP may stand for “Enterprise Resource Planning”, but it delivers so much more when done right. Here’s why ERP today should stand for “Earn, Rest and Play”, taking the headache of administration out of running a finance organisation for CFOs so they can find the right work/life balance and prove their true worth as modern superheroes. Share this:The post Why today’s ERP should stand for Earn, Rest and Play appeared first on Statii News. from http://news.statii.co.uk/why-todays-erp-should-stand-for-earn-rest-and-play/ IoT Experience- What cities will look like tomorrow greatly depends on what today’s urban leaders, planners, businesses—and of course, residents—are looking for today. Understanding tech for tomorrow’s city begins with grasping today’s outstanding challenges. A Juniper Research report written in conjunction with Intel contends that creating a more intelligent city begins with self-awareness in areas from air pollution and traffic congestion to overcrowding and pockets of inequality. “Smart cities are those that recognize these challenges and adopt their planning and strategy to address them,” the report states. Here are three areas where rapid advancements in IoT technology are already beginning to shape the cities of tomorrow, and how residents benefit from (and participate in) those substantial improvements. 1. Computer vision: With computer vision, cameras and other visual sensors capture raw video as data and process it into useful, actionable information. In smart cities, improved computer vision will give rise to enhanced quality of services, improved public safety, reduced congestion, and new levels of efficiency. One example of computer vision in action involves smart streetlights. Outfitted with this technology, they can reduce brightness when they detect no people or vehicles present (saving energy); monitor nearby parking to enable drivers to quickly find the nearest vacant space; or monitor pedestrian and vehicle traffic flows to optimize traffic and crosswalk signals. In terms of public safety, computer vision-enabled streetlights can send alerts on dangerous potholes or blocked storm drains. 2. Edge computing. An easy way to understand edge computing is to think of the phrase “where the action is.” Rather than relay information back to a central hub, cloud or data center mainframe, edge computing processes and analyzes data right at the source of where it’s collected. So instead of a device or sensor sending its data over the internet, it can process this data itself—essentially becoming its own mini data center. And edge computing is strongly on the rise for one big reason: An IoT data deluge results when adding more devices to a smart cities network. Smart buildings represent a prominent example of edge computing in action. As people occupy or crowd one part of a building, for example, sensors pick up this activity and via edge computing, can adjust lighting and climate control to optimize your comfort and visibility—while using far less energy on unoccupied floors. The result: smarter green buildings that react to our daily usage. Edge computing (along with the emergence of powerful 5G data networks), will also play a major role in enabling driverless cars. Vehicles such as Google’s Waymo produce 1 GB of data per second. And sending that kind of data somewhere else for processing poses all sorts of problems, the biggest of which is latency—that is, a delay between when the data is generated in real time, and when it is processed. And when it comes to a car driving itself, even a few seconds of latency is, if you will, a non-starter. Share this:The post How The IoT Will Reshape The City Experience appeared first on Statii News. from http://news.statii.co.uk/how-the-iot-will-reshape-the-city-experience/ Protect IoT Devices- Over 100M healthcare IoT devices are installed worldwide today, growing to 161M by 2020, attaining a Compound Annual Growth Rate (CAGR) of 17.2% in just three years according to Statista.
Healthcare and medical device manufacturers are in a race to see who can create the smartest and most-connected IoT devices first. Capitalizing on the rich real-time data monitoring streams these devices can provide, many see the opportunity to break free of product sales and move into more lucrative digital service business models. According to Capgemini’s “Digital Engineering, The new growth engine for discrete manufacturers,” the global market for smart, connected products is projected to be worth $519B to $685B by 2020. The study can be downloaded here (PDF, 40 pp., no opt-in). 47% of a typical manufacturer’s product portfolio by 2020 will be comprised of smart, connected products. In the gold rush to new digital services, data security needs to be a primary design goal that protects the patients these machines are designed to serve. The following graphic from the study shows how organizations producing smart, connected products are making use of the data generated today. Healthcare IoT Device Data Doesn’t Belong For Sale On The Dark Web Every healthcare IoT device from insulin pumps and diagnostic equipment to Remote Patient Monitoring is a potential attack surface for cyber adversaries to exploit. And the healthcare industry is renowned for having the majority of system breaches initiated by insiders. 58% of healthcare systems breach attempts involve inside actors, which makes this the leading industry for insider threats today according to Verizon’s 2018 Protected Health Information Data Breach Report (PHIDBR). Many employees working for medical providers are paid modest salaries and often have to regularly work hours of overtime to make ends meet. Stealing and selling medical records is one of the ways those facing financial challenges look to make side money quickly and discreetly. And with a market on the Dark Web willing to pay up to $1,000 or more for the most detailed healthcare data, according to Experian, medical employees have an always-on, 24/7 marketplace to sell stolen data. 18% of healthcare employees are willing to sell confidential data to unauthorized parties for as little as $500 to $1,000, and 24% of employees know of someone who has sold privileged credentials to outsiders, according to a recent Accenture survey. Healthcare IoT devices are a potential treasure trove to inside and outside actors who are after financial gains by hacking the IoT connections to smart, connected devices and the networks they are installed on to exfiltrate valuable medical data. Share this:The post How To Protect Healthcare IoT Devices In A Zero Trust World appeared first on Statii News. from http://news.statii.co.uk/how-to-protect-healthcare-iot-devices-in-a-zero-trust-world/ IoT data center- Much of the hype around the Internet of Things is centered on a decentralized model of deployment – edge computing, where specialized devices sit close to the endpoints they’re managing or monitoring, is very much the flavor of the month. Yet the cloud and the data center are still critical parts of the infrastructure, and the huge growth in IoT deployments is having an effect on them, as well. Even deployments that lean heavily on edge compute can stream data back to a central hub for more detailed analysis. So it’s tough to argue that rise of IoT hasn’t changed requirements and expectations in the data center. What’s much less clear, however, is the precise nature of the changes being wrought in the data center. According to analysts and even the people running the data centers, the jury is very much still out on what, exactly, IoT is doing. IoT connectivityAccording to Andrew Fray, managing director of European colocation provider Interxion, the one thing that does seem clear is that networking and connectivity capabilities are the main areas in which data centers are being asked to up their game. “Connectivity is the short answer to the question, but it’s sort of mindful connectivity, depending on what the business is doing and where they want to put the rest,” he said. “So some of that information may need to go to some kind of deep storage, so they may want a very low-cost, high-latency, highly green location. Or they may want a very fast, very high-volume transactional location, in which case [customers’ data centers or facilities] probably are going to be close to city centers or positioned within a few miles.” Architecting for IoTSerious discussions about architecting for the IoT are just beginning at many companies set to be affected by the new technology, Fray added. This includes which parts of a given workload will live in the public cloud, which will be handled at the edge and which will be worked on by the company’s in-house data center. “I think we’re increasingly becoming connectivity hubs,” he said. “And what that means for us is that [Interxion]’s finding increasingly connected workloads, and by that I mean people who want volumetrics or they’re looking for [low] latency and proximity. So they’re looking for big bandwidth and/or faster.” Part of the issue is that the IoT covers a huge range of different functionality and deployment models. Rohit Mehra, IDC vice president of network infrastructure research, said that the implications of supporting IoT as a whole are, consequently, very broad. “There is a pretty holistic impact on IT infrastructure in the datacenter – including servers, storage, networking, security as well and systems management including APM/NPM and associated analytics,” he said. “Depending on the use cases involved, these could be passive with overwhelming amounts of data going in one direction, versus more active IoT apps that involve automated actions and responses based on the state of the sensors providing data.” The post What’s the IoT doing to your data center? appeared first on Statii News. from http://news.statii.co.uk/whats-the-iot-doing-to-your-data-center/ |
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