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Importance of Undergraduate Professional Degrees for Higher Education

India is a developing country and education is the backbone of its progress. The past few years have seen tremendous growth in the Indian job market where employers are increasingly looking for candidates equipped with skills specific to an area. They need professionals who can understand the functioning of a specific industry and deliver as per their requirement. With rapid advancement in all areas of industry whether information, technology, education, management and others, they are looking for very young people who not only have the required skills but also have the foundations to pick up changes in skill requirements in specific areas as fast as possible. This is because it is a known fact that the human brain slows down as we grow older.  It is in this context that undergraduate professional degrees play an important and vital role. Each year thousands of students graduate and start competing in the job market. In a situation like this, it is essential for a student to have an ed…

Queuing Processes in Retail Organizations are on a Transitional Phase

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Queuing management is a shared issue in any industry. Whether it be manufacturing or service industry both has its own operational delivery issues and challenges every day. However, in the recent times the queuing management in the retail sector have undergone a paradigm shift. The demographic diaspora in a subcontinent like India has coerced the top notch decision makers to inculcate this transition through the adoption of advanced analytical metrics. Companies like Google, Facebook and other social media platforms have changed the entire dynamics of analytics in the retail industry. Parameters like average amount of footfall the retailers are observing as a metric tool for taking their queuing management decisions like how many payment channels they need to manage or keep functional on certain days. Emphasis is also given on the internet traffic as well certain facts like per bytes of data transfer, the time of visiting a website; no of frames per second time taken by a customer t…

Internet of Things (Welcome to the new ecosystem)

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IOT stands for Internet of things. To get familiar with IOT one should be aware about era of M-2-M (i.e.) when two or more machines are communicating to each other directly to achieve a common task eg. Cars, Soft Drinks production houses etc. IOT may also be defined as interconnection of devices over the network  & they are  communicating to each other. The need of IOT arises so that intelligent objects may be auto organised, they may  share information, data & resources etc. IOT may help you in day to day activity like:

·If you forget to lock the door.
·If anybody forgets to take medicine on time.
·If someone is unable to locate car in parking.
·Smart Fans, Televisions etc.

Basic building blocks of IOT are as follows:
·Devices ·Connectivity ·Application Enablement Platforms ·Protocols
Sensing & Acting Devices:
·Sensors ·Actuators
Connectivity through cloud:
·Device Level from all Sensors. ·Hub Level from the gateway to the internet cloud. ·Cloud level from the system. ·Application Lev…

IMS Noida hosted panel discussion in PHD Chamber

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IMS Noida, one of the leading management institutes of India, carried out an advanced industry panel discussion on “Industry 4.0: Opportunities and Challenges for the Indian Workforce” organised and held in PHD Chamber of Commerce, New Delhi and supported by International Computer Driving License (ICDL). The event was attended by Dr. Ajay Kumar, IAS Additional Secretary, Ministry of Electronics and Information Technology, Government of India. The panel was hosted and moderated by Dr. KJS Anand, Executive Director IMS Noida and he shared that “The future is of interconnected machines that can be virtually integrated in real time with Augmented Reality or Human Interface. Such a Cyber-Physical system would be able to read efficiency slacks, possible down times/shifting bottlenecks, New Demand Centres, Dynamic Pricing, Worrying Health Statistics on the fly and update unrelated remote systems with ease.” The panellist enlightened the importance of new changes relevant for Industry 4.0 an…

Don’t Decimate Your Desires – Adopt Law For A Fulfilling Career

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A couple of days earlier when I was having interaction with one of the aspiring law students’ parent who shared his observation with me saying that today there is dismal job prospects or no occupational opportunities even for Technical Professions like B. Tech and B.E or if there is any that too is offering such a meagre salary which is insufficient and inadequate to meet two times meals in metropolitan cities. His thought led me to thinking as to which career has its perennially growing existence and no threat to its survival? And other question which too marched in brain was with what objectives we shape or stumble upon to the career by design or by chance?  Then quickly responded my mind that career is shaped for three specific reasons: 1) To earn Livelihood euphemistically saying otherwise to mint money so that one may support one’s own survival as well as well as of those who are dependent on him. Moreover, one can have more than enough money so that the standard of life may be m…

Digital Darwinism will Determine the Future of E-Commerce Business Models

The Indian e-commerce industry has been experiencing unprecedented growth over the last few years. Increasing rate of technology adoption and wide access to high speed networks using smart devices has resulted in a high volume of active consumer base. Indian players like Flipkart, Snapdeal and entry of global players like Amazon and Alibaba in the Indian market has created a competitive ecosystem. Indian consumers evolved to a situation where wide variety of product choices across multiple criteria based searching mechanism powered by agile order fulfillment system thus achieving better consumer experience. The clutter caused by continuous increase by the new entrants to the market placed compelled the e-tailers to come out with innovative customer engagement models. In the face of competition, the e-tailers always trudge to bring relevant traffic to the website therefore strategies of viral marketing and search engine marketing have become things of paramount importance. India has an…

Business Analytic Challenges in 2016

Did we imagine hiring the cabs on the fly till a few years back where one had to struggle alike to get a cab on a busy or a forlorn street, let alone a reliable and reasonable one? While a lot of it is attributable to technology progression and simplification of interfaces, a reasonable chunk of credit is also attributed to the service provider's ability to process and analyze the volumes of data that is being churned out every second. The big question going forward is what would differentiate the thousands of new age service providers when the options are aplenty and consumers are highly fragmented. The over quoted Charles Darwin still reigns, although it is 'Survival of the Fastest' this time and the speed depends on a multitude of factors while Need Fitment is a given. The Key Challenges in 2016 for Business Analytics Consumers and Providers are 1. Ability to Evaluate Appropriate Technology for Fast and effective processing of data: There are a lot of stacks that are …

Billion lives will change with things over internet - Antiquity to Ubiquity

The Indian e-commerce industry has been experiencing unprecedented growth over the last few years. Increasing rate of technology adoption and wide access to high speed networks using smart devices has resulted in a high volume of active consumer base. Indian players like Flipkart, Snapdeal and entry of global players like Amazon and Alibaba in the Indian market has created a competitive ecosystem. Indian consumers evolved to a situation where wide variety of product choices across multiple criteria based searching mechanism powered by agile order fulfillment system thus achieving better consumer experience. The clutter caused by continuous increase by the new entrants to the market placed compelled the e-tailers to come out with innovative customer engagement models. In the face of competition, the e-tailers always trudge to bring relevant traffic to the website therefore strategies of viral marketing and search engine marketing have become things of paramount importance. India has an …