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Learn how AI helps businesses analyze customer provided data and IoT implementation important for growth, customer loyalty, and greater profitability.  

There is so much data available to your business but getting a proper read on its importance an investment in costly data scientists. Learn ways technological advances, such as AI, helps your business synthesize data and provide your IT team with the information needed to create apps and other solutions at a lower cost.

The Internet of Things (IoT) is at the forefront of the data analysis performed by businesses. According to a recent article appearing in Forbes.com, data centers used to house the billions of bytes of data businesses collect, along with business analytics are growing at a compound annual growth rate of 50 percent between the years 2017 – 2021. The market value of IoT in 2017 was $235 billion and expected to more than double to $520 billion by 2021.

What does this mean for you and your business? All those valuable bits and bytes you collect from your customers is useless if you do not have a team in place that can help you make sense of it and use it to grow your business. This typically means hiring a staff of professional data scientists who, according to the U.S. Bureau of Labor Statistics (BLS), earned a median pay in 2018 of $118,370 or $56.91 an hour. That is a huge investment in labor which may be better spent instead on AI developed approaches to data analysis and app development.

Leveraging AI to Produce Professional Data Analysis

Professional data scientists cost you nearly $60 per hour while computer programmers with less education and the skills necessary to write and test computer code and develop apps based on your data earn about $40 an hour (median pay of $84,280 according to BLS). AI gives you the ability to hire programmers over scientists, who can help you properly analyze and utilize your data. Here’s how: AI has involved in one of the few technological advances capable of passing the Turing test.

If you are not familiar with the Turing test, it is the ability of a machine to demonstrate human-like intelligence and provide responses indistinguishable from human responses. That this phenomenon has finally happened for the first time in 2014 (64 years after the test was developed in 1950 by British mathematician Alan Turing, noted for breaking German code during World War II) means AI has become the leading driver for businesses looking to bring sense and order to data and quickly create consumer-driven apps to further engage customers and increase revenue.

Why AI over Human Analysis?

Without giving away to fears about machines taking over ala Stanley Kubrick’s HAL 9000 in the movie “2001: A Space Odyssey,” business should come to quickly recognize that machine learning and AI are useful technologies, important in reducing human labor costs and providing a way to integrate IoT into your business.

Hiring programmers who can seize upon the results of AI analysis comes at a savings of about $35,000 per scientist needed to perform the role artificial intelligence does. This alone gives you a compelling business reason to consider the advantage of leveraging AI over traditional human analysis performed by professional data scientists. As companies move slowly toward IoT implementation, you have the opportunity to be on the forefront and beat your competitors to the punch, enabling you to chart uncharted territories and seize important market share!

Companies today operate under strict regulatory conditions. Complying with those regulations can be daunting, but failure to do so has serious implications. Managing compliance, therefore, is imperative. Microsoft offers Compliance Manager, a unique cross-Microsoft-Cloud tool, that allows organizations to manage and navigate the complex terrain of regulations. Here is how Compliance Manager works to help your company comply with the law and applicable regulations and standards.

Who is Compliance Manager For?

Compliance Manager is for any company or organization that needs a comprehensive and proactive tool to assess, track, verify regulatory compliance and assign tasks related to the same. Anyone who must comply with regulations or standards like the following would benefit from this tool:

• EU General Data Protection Regulation (GDPR)
• Health Information Portability and Privacy Act (HIPAA)
• International Organization for Standardization (e.g., ISO 27001 and ISO 27018)
• National Institute of Standards and Technology (NIST)

Essentially, the tool allows you to protect data and meet regulatory requirements via Microsoft cloud services.

What are Compliance Manager’s built-in features?

Compliance Manager features various tools to help your organization comply with regulations and standards pertinent to data protection and security. Here are three specific capabilities featured:

1. Assessment. The tool allows you to assess compliance from one place. Risk assessments are conducted on an ongoing basis.
2. Protection. Users can protect data across all devices, applications, and cloud services by using encryption, controlling access, and implementing information governance.
3. Response. Users can respond to regulatory requests through the incorporation of eDiscovery and auditing tools that allow you to locate relevant data for meaningful responses.

Through these features, Compliance Manager works to help you stay in and proactively manage compliance.

How does Compliance Manager Work?

Compliance Manager works by utilizing a single dashboard to see compliance stature. The dashboard provides summaries of your company’s assessments and action items. From those summaries, you can access controls and tools like exporting data to Excel.

You create assessments for the regulations and/or standards that matter to your company using Office 365, Azure, or Dynamic 365.

From these assessments, you receive actionable insights and detailed information about what Microsoft does to secure your data and help you comply with regulations.

Assessments

On the Assessments page, you are provided snapshots of your company’s compliance with specific regulations and standards — like those listed above — assessments of each.

For instance, compliance snapshots of your company will identify your company’s overall compliance with regulations like GDPR or standards associated with NIST or ISO. Each category is provided a “Compliance Score,” and the higher the score, the better your compliance stature.

On the same page, you are also provided with snapshots of assessments for each of these same categories. An Assessment Status is provided to let you know the status of the current assessment (e.g., in progress).

Under each of these snapshots, whether it is for compliance or assessment, you are additionally informed of:

• The created date;
• The modified date;
• The number of customer-managed actions and the number of those actions that have been addressed; and
• The number of Microsoft managed actions and the number of those actions that have been addressed.

Action Items

This page provides guidance on actions that could or should be taken to increase your Compliance Score. These are recommendations and are up to the company to implement.

Controls

Controls are the core of how Compliance Manager works. There are two controls: Microsoft and Customer.

Microsoft managed controls is a family of controls that align your company assessments with the standards and regulations. They are managed controls used to implement the assessment and assess compliance. Customer-managed controls, on the other hand, are controls that you as an organization manage. Here, you can implement actions recommended by Microsoft to increase your Compliance Score.

Compliance Manager is a tool to simplify compliance for organizations. It offers real solutions to a complex problem.

It doesn’t matter whether you are a 10-person team or a Fortune 500 conglomerate, relocating your office is going to take some planning and forethought. The last thing you want is to be forced to close up shop for an extended period, stalling your business due to unexpected issues.
Moving your office should signal growth to your client base; not chaos. So how can you take your business to the next level – and the next address? The key to a successful transition is preparation. You have a marketing strategy … a client care strategy … and a business building strategy … so why not a moving strategy?

Creating a Plan

It is never too early to start planning your big move. This means devising a plan for individual departments as well as the business as a whole. Remember, time is of the essence when it comes to moving an office. The faster you can get your new digs up and running, the faster your team can get back to work.
The first thing you need to do is to appoint a moving manager. This is the point man designated with coordinating the entire office relocation. This includes everything from packing up all necessary files and ordering new stationery to make sure every department has what they need to work on the go for a few days.

More than just a packing or moving expert, the relocation manager knows exactly what is necessary to get your office from point A to Point B with as little downtime as possible. Once you have a moving manager in place, it is time to begin assigning teams to handle individual aspects of the move.

Hire Professional Movers

Not every commercial moving company is equipped to handle large office relocations. Be sure to choose a company that understands the nuances of relocating a business. Remember, they will not be simply moving your desks and chairs from one place to another; they will also be responsible for securing sensitive files and making sure everything makes it to the new location safely.

Equip the IT Department Properly

One of the trickiest parts of moving an office is disconnecting and reconnecting quickly and efficiently. This can only be accomplished if your IT department has what they need to succeed. Here are some tips to create a hassle-free environment for them to work in:

• Give the IT department at least three months to plan the transfer. This will include developing a step-by-step outline for the move.
• Evaluate the new space well in advance of the move
• Order upgraded equipment weeks before moving day to ensure everything has arrived
• Coordinate all installations for several days before the actual office move
• Make sure that all cabling is installed and tested prior to moving day
• Move the IT department first. This will allow them to work to get the rest of the office up and running while boxes are still be brought to the new site.
• Install and test all work stations prior to the first scheduled workday in the new office.

Relocating an office can be exciting, but that doesn’t mean the process is always easy, or that it will run smoothly. A lot of things can go wrong if you don’t plan properly, so be sure to follow the guidelines here to ensure that your staff isn’t stressed and your clients don’t feel abandoned during the move. When handled properly, you should be able to move the entire office and have everyone back to work within a day or two.

Moving soon? Contact InfiNet Solutions to arrange a complimentary consultation on how we can assist in the technology side of your office move.  Call (402) 895--5777 or drop us an email.