Businesses can significantly reduce payment acceptance risks by using check verification tools to verify that a customer has an active bank account with positive funds status in real-time.ACH Check Validation Services allow merchants to reduce check acceptance risk at the point of sale (both online and in person).
Available options include automated routing number checks, negative database options, and near real-time inquiries into current checking account status. Checking account balances inquiries can be made, but require the customer to log-in or provide credentials to their online banking system.
ACH payments lack the authorization component present with credit cards, which can be authorized at the time of payment to ensure that the customer has the requisite funds on their cards. ACH Payment Gateway This reserves the funds for capture and settlement, and allows a business to know that they are being paid at the point of sale. The lack of an authorization means that the ACH Check Validation system is necessary to mitigate payment acceptance risk.
ACH Check Validation will also make it easier for new customers to obtain correct or valid checking account information. Likewise, when that new customer’s payment fails because of bad checking account data there is financial loss and more potential for losing that new customer. This makes check verification tools even more important. A checking account verification system will help eliminate much of the “after the sale” work that arises when a payment fails, and can help save a sale.
The majority of the time payment rejects are accidents, and making customers go through the hassle of the sale process again will undoubtedly lead to a fraction of those sales being lost. By leveraging checking account verification tools businesses can reduce the chance of losing customers over simple data entry errors. Businesses that rely on future billing are especially vulnerable to bad check data, but utilizing the ACH Check Validation Service can dramatically reduce bad check acceptance and the subsequent workflow problems.We are also read for Quality Legal Translation Services In Dubai
Call center payment processing varies from organization to organization in terms of how it is managed, but the most used methods are from one of the following methods:
Software application integration
Interactive voice response (IVR)
Web based payment portal (Virtual Terminal)
Software Application Integration
There are a number of available call center SaaS applications available from third party providers, but larger organization typically have their own internal application that is used by employees for managing phone calls to and from their customers for payment acceptance.
No matter the application that is used, any organization that has technical resources at their disposal probably has the ability to integrate payments functionality within the application that they use for enabling payments. Bill Presentment and Payment Solutions Integration is accomplished by the payment processor’s API integration tools.
When live customer service agents are receiving calls for payment acceptance and manually entering the payment data into the application they use, how sensitive data is handled becomes important. First and foremost, sensitive data like credit card numbers and checking account information needs to be tokenized. A proper integration API will provide this.
By integrating payments into a call center application, external applications are eliminated from use and all payments management and reporting can take place within the application that the organization already uses.
Interactive Voice Response
Also known as IVR, this technology has been around for some time now and just about everyone has experienced one type or another of an IVR system call. Large organizations have been using IVR for customer service related inquiries for a long time.
Using IVR for payments has been exploding in recent years because of the savings it can provide and the newer technology that some IVR systems can supply the using organization.
No longer does an organization who accepts payments over the phone have to have an IT staff to employ and manage an IVR Payments system. Customer data such as account number, name and amount owed can be called via API if the using organization has one available, or in the case of a smaller organization that doesn’t have an API available, and external cloud based spreadsheet application that has an API available can be used.
In the cloud spreadsheet example, a using organization would upload csv files on the timetable that best suits their receivable needs and the IVR system communicates with the cloud application via it’s own API to populate the IVR system data. Providing this functionality enables a low-tech organization to receive payments just as efficiently as some of the giants of industry.
Moreover, IVR Payments can facilitate more than just inbound payment related calls. The same system technology can provide automated outbound messaging, whether via and outbound IVR phone call, an SMS text message or email messaging.
Case in point: An IVR system can initiate an SMS message (ideal for late payments) that lets the customer know that a payment is due and provide them two options for payment remittance:
The same SMS message can provide the option to have the IVR system initiate an outbound call to the customer by replying to the SMS message with something like “call.” This provides an alternative to the microsite portal, which some customers prefer for their personal security mindset reasons.
The SMS message can provide a clickable hyperlink that when clicked on it renders a micro payments page for the customer to enter their credit card or check account information and submit the payment.
Web Based Payment Portal
Also referred to as a Virtual Terminal (VT), a web based payment portal provides a SaaS application that is provided by a payment processor to originate, manage and provide reporting for payment processing.
Virtual terminals are a great fit for organizations that don’t have the technical staff to perform an API integration to enable their internal application to manage payments, yet wish to have live customer service agents accept and enter payments from customers who call-in to remit a payment.
Because virtual terminals are provided by the payment processor that you choose to obtain a merchant account from, they are generally built on a PCI compliant system which should reduce your scope for PCI compliance.We are also read for How Does CBD Work With Your Body?
Agile Payments has been providing call center payment solutions to organizations of all sizes for more than 20 years. Give us a shout and we’ll be happy to discuss your call center payments needs.
Cannabis oil, CBD concept, Chemist conducts experiments by synthesising compounds with using dropper in a test tube.
Interest in CBD is growing by the day, and more and more people are experimenting with CBD for a boost in their daily lives. According to the Cannabis Trading Association, the use of CBD in the UK has doubled in a year.
As the number of CBD users rises, it is important to understand how CBD soft gels 300mg affects the body.
How is CBD produced?
CBD is an abbreviation for “cannabidiol” and found in cannabis plants. On our other blog articles we have extensively covered what CBD is. You can read more here.
CBD is acquired through carbon dioxide extraction. This means that carbon dioxide is used to separate the oil from the plant. A combination of high pressure and low temperature maximises the amount of CBD extracted making this the most efficient method.
Effects of CBD
CBD is ideal for regular use and is used as a natural food supplement.
Although none of the associated benefits can be proven, it is best to try CBD out for yourself. Many people, across the globe, have had positive feedback after adding CBD to their daily routines.
Is CBD right for me?
The biggest question you have right now is, should you be taking CBD? This is a personal choice. Our only advice here is to buy you CBD from a reliable and trusted source. Many CBD body oil products may be manufactured in a way that is unregulated or hiding ingredients. The best way to avoid these products is by finding a supplier with no hidden agenda.
At Itgel CBD, our motto is simple. Pure and Honest. Our mission is to create a CBD product that is open and accessible to all people who are interested. We are here to educate beginners and guide novices. We do not hide behind industry slang or scientific jargon. We promise that what you see is what you get. Our labels are clear and simply laid out so you know exactly what you are ingesting.
Our range of CBD oils come from the largest organic certified hemp production in Switzerland, who have over 15 years of experience in cannabis cultivation and 25 years in organic farming.
Our farmers are organically certified by Bio Suisse regulations, the highest and strictest standard for Swiss organic agriculture. The oils are manufactured to the highest EU manufacturing practice standards and tested by a third-party laboratory to make sure our products are of the highest standard and purity.
As we know, the law is as old as language and humanity. In the past few decades, people have found a need to immigrateand trade in different countries around the world, but there has never been a language that is com mon among all humans to communicate.
Hence, the need for translation has increased day by day, and it is common in Dubai. So, the legal translation Dubai media city provides highly specialized and professional translation services for their customers.
How Legal Translation Dubai Media City Works?
You must have experienced a requirement for the legal translation of any of your documents if you live in Dubai. However, due to some cultural differences and the limits of explaining the content in different languages with their true meanings is a tricky task. Whereas many people would like their documents should be translated word by word. It not surprising that such translation prejudices the content of original documents. This happens because of the linguistic structures of the source and target languages.
Even a minor mistake or a single wrongly translated word leaves a negative impact on the whole document. We totally understand these things, and our professional translator’s work in such a way to produce accurate content for their customers. Similarly, our objective is to provide flawless translation services with proper in-depth research to avoid any mistakes.
Therefore, you can trust us as we provide the perfect translation of your legal documents and also take care of all the localization aspects. We work to satisfy our customers, and our professional team of translators knows all the facts, and they assure a good job.
Accredited Legal Translation Services
Legal translations are a tremendously specialized area of the translation sector that needs to be handled with extreme care because the poor translation could result in serious consequences. For instance, it may affect government law firms and also the clients. Hence, it is necessary when sourcing the legal translation in JLT near me provider must be expertise and should know all the legal terminologies.
Therefore, we assure you that we provide error-free translation and interpretation services for our customers. Our accredited translation services features are as follows:
Certification of Translations
We provide legal translation in many languages and have acquired several certificates of translation from both government and non-government agencies for our numerous projects. So, we prove our ability by converting your document in any language such as from Arabic to English, English to Arabic, and into other different languages.
Are you looking for a technical expertise translator to perform and execute legal translation services of your documents? Undoubtedly, Legal translation Dubai media city has the technical capacity to handle a legal translation of any kind because it is very important to demonstrate the services of translation.
That’s why we have set the industry bar so high by providing the specialist legal translators, and we ensure that they are well qualified and expert in their field.
Don’t you realize that other than the proper understanding of the meanings of words that they translate, the legal translator should also understand the law that the legal words carry with them? So, to make it peaceful for our clients, we provide you with the best translators who don’t just have linguistic skills but also have the proper knowledge of legal terminologies that are associated with the law.
Reliableness And Secretness
The most important thing is that we maintain the privacy of your documents and never reveal the details with others. We adhere to strict security with a confidentiality policy to protect the data of our clients. So, you can rely on us as our first priority is secretness with quality work.
The Translation Services For Our Customers
Our translation company not only provides translation services but also well capable of producing a quality translation for legal, medical, and technical content. In addition to that, we ensure that your content is structured in such a way as it reflects the culture and legal language of that text. Our services include:
Trademarks and copyrights
Certificated and affidavits
Notice of Eviction
Power of attorney
Court litigation of documents and many more
Divorce and death certificates
Birth and academic certificates
Police clearance certificate and many more
Why Should You Choose Us For The Legal Translation of Your Documents?
It is a fact that the legal documents are of very complex subjects, and the translation of these types of documents should be undertaken by someone who is expert and have legal knowledge. We have experts who are familiar with the legal terms and strive to streamline the slight differences that may occur during translation. The reasons why you should choose us are as follows:
No matter how long your project is, we managed to complete and deliver it to you on time before the deadline.
We go along with the three steps of the verification process that assures accurate and consistent translation every time.
We provide you a high-quality translation within your budget.
Our team consists of hundreds of certified and qualified translators who provide the highest quality translation solutions.
We take pride in providing fast, accurate, and professional translation services with high quality. So, if you are worried and looking for a translation company to translate all your legal documents, Legal translation Dubai Media city is here to resolve all your problems.
Certified English to Arabic Legal Translation
Do you need expert legal translation services from English to Arabic translation in Dubai? We meet all your translation requirements, no matter if it is the translation of documents, certificates, or educational degree legal translation. However, if you need the certified translation for another, we meet all your requirements according to that particular country.
To ensure speedy translation from English to Arabic, we have a certified team of legal translators, and your certified documents will deliver on time as our specialized legal translator team is always ready to translate any documents before deadlines.
Kids don’t need a mouthful of traditional metallic braces anymore to correct crooked teeth, or a bad bite. Though this may be the first thing your mind goes to when you notice your child could use orthodontic treatment, you now have many options for how you approach treating the issue, one option in particular your child may actually prefer.
Braces work just as well as they always have, but when it comes to young children, Invisalign certainly has its’ benefits. Some are cosmetic; Invisalign is clear, subtle, and perfectly molded to the teeth when being worn. It’s very likely that no one will be able to detect your child is in the middle of orthodontic treatment – even the kids at school most likely won’t notice! This is great for children, as the thought of having to adopt a mouth of metal over the course of two years often has little appeal.
There are other benefits, too – let’s take a look at all of them below!
Fixing Their Teeth Early Can Keep Them Healthy
Good overall health can, in part, be dependent on your teeth. Choosing to fix your child’s bite early in life is the best way to effectively clear any build up of plaque or bacteria that may be hard to reach, due to misalignment creating tight, hidden spaces. Theses spaces are great places for harmful bacteria to build up – and we know that kids aren’t always the best for remembering their oral care routine.
When your child has braces, keeping the teeth clean and healthy can pose even more of a challenge. Braces require plenty of maintenance, and it’s very easy for a child to fall behind in doing their part to take care of them, and always keep the entire area clean and bacteria free.
Luckily, Invisalign treatment is completely removable. This makes keeping the teeth clean throughout treatment almost too easy. While eliminating the gaps, spaces and straightening the teeth, your child will also be keeping every area clean along the way! Once they’re done brushing and flossing, they can simply pop them right back in.
On the flip side of things, sometimes certain issues can occur if crooked teeth are left untreated. Misaligned teeth don’t necessarily equal poor oral health, but your child may be at a higher risk of developing tooth decay, gum disease, and other oral infections if the problem is not closely monitored.
Invisalign will ensure the teeth are being correctly moved, and the convenience of being able to remove it whenever needed will help to maintain your child’s oral health long term!
They Won’t Have to Stop their Sports and Activities
As important as it is for our children to have healthy teeth, we want them to be able to remain active, too!
While wearing braces often requires having extra protection over the teeth, even when it comes to low or no impact sports, this will be completely unnecessary when your child is sporting Invisalign aligners.
This means there’s nothing stopping them from remaining competitive on the field, and pursuing all the sports and competition their heart desires!
There Will Be No Diet Restrictions
Having to tell your child to say goodbye to gummy candy, popcorn, and anything with an extra salty or sweet crunch is never an easy task.
Due to Invisalign being removable, they won’t have to change their diet at all. While you may still want to tone it down, as the teeth need to be very clean as not to stain or tarnish the aligners, your child won’t need to take a multiple year hiatus from their favourite foods.
Invisalign Won’t Stop Your Child From Smiling
It’s unfortunate, but true – some children will stop smiling or showing their teeth when they have braces, due to being self conscious about the way they look. Some children worry about how their peers will perceive them, or being potentially made fun of for the metal brackets. While this may not even be a reality, children will still worry about it.
The clear, natural appearance of Invisalign will ensure your child never feels afraid to smile, and is never too embarrassed to do so! When no one can even tell your child is in the middle of orthodontic treatment, their confidence won’t take a hit at all.
They Could Experience Less Discomfort with Invisalign
Especially in the early stages, braces can cause a great deal of discomfort that is particularly difficult for children to deal with. The metal brackets are known to rub areas of the mouth and cause soreness, even creating cuts and sores along the gums. Invisalign may irritate just a little bit, but not to the extent that braces can. If it does irritate, the problem areas on the clear aligner can be easily shaved down by your child’s orthodontist.
Thankfully, there’s no specific age requirement for Invisalign, making them a completely viable alternative to braces. Your dentist will be able to analyze whether or not your child is a good candidate for the clear aligners with a thorough consultation.
Lean Principles is a certificate course in the Lean Six Sigma online courses offered through the Division of Engineering Professional Education at Purdue University. Participants will learn and develop an understanding of the critical concepts and themes associated with Lean operating systems deployment. A graduate of the Lean Principles course should be able to apply the management principles of Lean Thinking and effectively utilize several of the Lean tools to implement lean principles to improve a value stream.
Course Fee: $2,100
Course Availability: Every other month
Time to Complete: 8 weeks
The instruction of the course within the online learning management system is delivered by a highly qualified Lean Six Sigma professional serving on a team of instructors in the online Lean Six Sigma program. There is ample opportunity for students to interact with the instructor and with the other learners in the online course through the discussion forums, through the optional live lecture and Q & A sessions delivered virtually through WebEx, and through emails and phone appointments.
Three industry-specific learning tracks allow students to engage in the latest thinking on how to implement Lean concepts within their business environment. Each lesson is supported with research and readings targeted to either traditional manufacturing, healthcare and services, or IT and transactional business models. The tracks also extend to the discussion forums, enabling focused engagement with student peer groups.
Who Can Benefit
Project managers and process owners who want to learn and apply Lean management principles and lead a Lean transformation of an individual value stream.
Professionals across nearly all fields, including manufacturing, communications, health care, education and military, who are seeking a proven method for dramatically improving their organization’s processes.
Frontline employees who want to be change agents by introducing Lean to their company.
Professionals interested in taking the next step toward Lean Six Sigma Black Belt certification.
Professionals at smaller organizations who want to reduce waste without committing to the time and resources of the full Lean Six Sigma Certification.
I started the Purdue Lean Six Sigma program with Lean Principles and now am taking the Green Belt course. Lean Principles was invaluable. The 14 management principles of the Toyota Way and associated skills and techniques apply to any organization in any industry, and I am implementing them in my own work in the financial services field.
– Stas Snyder, Senior Investment Accountant, Bank of New York Mellon
Upon completion of this course, learners will be able to:
Articulate the business case for lean within their own business/industry
Assess process maturity and health from a lean perspective
Define a plan of action for lean deployment across an individual value stream
Lead lean transformation of an individual value stream
Describe the cores principles that define a lean operation
Upon successful completion of the program, you will earn certification in Lean Principles from Purdue University. You also have the option, at no additional cost, of earning 3.5 CEUs, which come with a Purdue transcript.
Schedule and Time Commitment
The 100% online, instructor-led Lean Principles course spans eight weeks. The amount of time students must invest to successfully complete this course is comparable to the time it takes to complete a week-long short course in a traditional on-campus environment. Though the online format enables you to do your work when and where you want, there are weekly assignments and quizzes that must be completed on schedule. Instructors recommend that you plan on studying 3.5 to 4 hours each week.
Lean Six Sigma Black Belt Certification
The Lean Six Sigma Black Belt certification is a course and the capstone in a series of three online courses offered through Purdue’s Online Lean Six Sigma Program. Participants will learn and develop an understanding of the critical concepts and themes associated with Lean Six Sigma (LSS). The instructional design of the course blends the concepts of Lean and Six Sigma methodologies, tools, and techniques.
Format : Instructor-led
Course Fee: $3,750
Course Availability: Approximately 5 times per year
Time to Complete: 16 weeks
Prerequisites: Lean Principles, Green Belt
A graduate of the Lean Six Sigma Black Belt will be able to effectively utilize LSS tools and theories to improve work processes through identification and reduction in the number of defects occurring in processes, and the identification, reduction and/or elimination of waste in a process. After successful completion of the course, learners should be able to successfully complete high-impact projects that result in tangible benefits within any organization.
At the end of the course, the student should be able to do the following:
Demonstrate mastery of core/common Black Belt tools & concepts
Demonstrate proficiency at achieving results through the application of the Lean Six Sigma approach by running of your own LSS Black Belt Project
Who Can Benefit
Professionals, usually with at least two years of experience, who meet the course prerequisites. Black Belt students include:
Anyone who aspires to lead the quality and Lean efforts in a Lean Six Sigma organization
Anyone who seeks to drastically improve an organization’s financial performance
Process improvement team members with Lean Six Sigma Certification or Six Sigma Green Belt certification who are interested in increasing their skills
I was very impressed with the quality of the instructors and their interaction with students. The courses were easy to access, interesting, and provided me with the tools for success as a Lean Six Sigma Black Belt leader.
— LSS Black Belt Course Graduate
The Purdue Online Lean Six Sigma Black Belt Difference
Our Black Belt course includes some Lean Principles topics, provides a deep dive into Black Belt subject matter, and is project-oriented. Since Purdue Black Belt students jump right into their project during the course, they must be versed in the use of many pivotal Lean Six Sigma tools. Our rigorous online Black Belt curriculum enables Purdue students to immediately begin applying their LSS knowledge and skills to their current work environment.
The Black Belt Project
Five weeks prior to the course start date, students identify a project to work on during the course and consult with the instructor as needed to determine a suitable scope. Projects can be conducted for a student’s employer or for a charitable organization with which they are closely tied. Students develop a project charter, which must be approved by the course instructor and the appropriate managers at their organization.
Black Belt course projects require students to collect data and analyze it with Six Sigma tools. Depending on the selected plan, students will employ one of the two LSS sub-methodologies: DMAIC (Define, Measure, Analyze, Improve, Control) or DMADV (Define, Measure, Analyze, Design, Verify). Gate reviews take place at the end of each phase of these processes. The weekly course assignments relate directly to and include project deliverables.
Schedule and Time Commitment
The 100% online Lean Six Sigma Black Belt certification spans 16 weeks. It includes pre-work, weekly learning modules and breaks. The breaks provide students with additional time to collect data, present gate reviews to management teams at their organization, and prepare assignments.
Students have the opportunity to participate in online discussions with classmates about their project deliverables and receive real-time coaching from the instructor via the discussion forum, email, phone or online chat.
Students who successfully complete the course typically devote 95 hours to study during the 16 weeks of learning modules. Instructors recommend that you plan on spending 6 to 10 hours each week on learning activities. The online format enables students to do their coursework when and where they want, but there are weekly reading assignments, project deliverables and quizzes that must be completed on schedule.
If you’re considering ending your marriage, you may think it’s best to represent yourself rather than hire a lawyer. The do-it-yourself option may work in some cases. For instance, if the divorce is uncontested, your marriage is short, with no children or assets, and neither party needs spousal support.
Otherwise, the divorce proceeding may be too complicated to handle alone. Hence, many divorcing couples are grateful to have divorce lawyers in Delaware County PA, guide them through the process. Here are five reasons why you need a divorce attorney to represent your interest.
They’re Familiar With Family Law
Divorce attorneys understand the law guiding divorce-related issues and know what to say to make their arguments reasonable. They also know what you’re entitled to receive by law, whether it concerns support or asset division. However, if you’re not a divorce lawyer, you’ll not have the right knowledge to fight for your best interest.
Also, individuals who represent themselves in court don’t get any special treatment. A judge will hold them to the same standard as a professional legal representative. Therefore, it’s best to have an expert when faced with the other side’s attorney.
To Avoid Mistakes
The stress from the divorce and complications from the legal system can cause a self-represented litigant to do something wrong. Some mistakes that can jeopardize a case include overestimating or underestimating an asset’s value or forgetting a credit card debt. Hiring a lawyer is the best option if you want no issues with your case.
You Need Objective Advice
Divorce proceedings are quite emotional, and your feelings might get hurt in the process. At such times your judgment may be skewed, and you need a voice of reason to keep your emotions in check. A lawyer can tell you when you’re unreasonable with your demands and advise you on the best resolution for everyone involved.
Help with Paperwork
Divorce cases require both parties to complete and file piles of paperwork. If you fill your paperwork incorrectly, it can lead to a delay in your hearing. In worst-case scenarios, the court may throw out your case. Also, omitting information in your form may cause the other side to accuse you of hiding information
However, divorce lawyers in Delaware County, PA know which forms to fill, how to fill them correctly, and where to file them. Furthermore, a judge may view your argument favorably if your paperwork has the right tone of words.
Suggestions to Other Options
You may think that fighting for your demands in court is the only way to get what you need. However, a divorce lawyer can analyze your case, and based on his experience, suggest several legally-acceptable options to settle your case. If the other side’s demand or offer is unreasonable, he can help negotiate a better outcome or decide if it’s best to go to court.
Divorce is a stressful situation that requires your time and effort. However, hiring a divorce lawyer can help reduce stress while you focus on your family. Schedule a consultation with professional divorce lawyers in Delaware County, PA today.
Every big business in the world today started as a small one. Small business enterprises and start-ups are essential to the economy of any area they are. For every dentist starting a small practice, there are several things you have to do to ensure the success of your business. While you may have excellent dentistry skills, knowing how to run a business, do proper bookkeeping, find the best business location, etc. may not be your strong point. However, there are some crucial elements you should know before starting your practice. These key factors are essential to the success of any business venture, including a dental practice.
The first thing you should know is that you need a business plan. Starting with a well-written dental business plan Kansas City can give you the solid foundation your practice needs. Even if you don’t know the rudiments of writing a business plan, there are some ways you can gain quick knowledge on what to do. For the basics, you can check online, take short business classes, or even ask other dental practice owners on how to write a good plan. Asking an existing practice owner is a simple trick that could get you more insight into what to add and avoid. Learning from their valuable experience can help you avoid common dental practice pitfalls.
After deciding to put down your business plan, your next move is understanding what the plan should contain. A business plan has different parts, and smaller projects focused on addressing every business aspect of the practice. This smaller planning is designed to cover important issues like selecting the best location for the business, marketing and advertising strategies, and employee hiring.
Another essential aspect you should cover is market analysis. Ask yourself and provide answers to questions like what is the market for my service? Am I focused on local patients or a wider audience? Who is my competition? What can my practice offer to place me above the competition? It would be best if you also considered the potential structure of your practice. Decide on the type of management team you want to have and contingency plans in cases of different issues.
Your dental business plan Kansas City should also contain information about potential financial projections and set up a legal and financial advisor team. Having a well-stated financial plan and estimated income projection is crucial if you are looking for investors to invest in your practice.
Make estimates on what it’ll cost to start-up and how long the set-up process takes before operations kick-off. Create a solid plan on how to keep the practice up and running before it becomes self-sustaining. There are some necessary costs you’ll have to cover for some time before the practice starts bringing in considerable revenue. Overhead expenses like utility bills, rent, cost of supplies, marketing/advertising, employee salaries, taxes, and operating licenses have to get paid. An excellent dental business plan in Kansas City should cover how to finance these expenses for at least six months after business kicks off.
Starting a new dental practice can be a thrilling experience. And what can give you a solid base and tackle possible business issues is a business plan. By writing a good plan, you can build a successful practice that will last for years.
The big data trend has dramatically impacted every industry, so it is little surprise that big data in GIS has significant implications for how we acquire and leverage spatial information. As we consider the way organizations are using geographic information science and technology, one of the clearest themes is that usage is expanding rapidly; whereas, historically, the largest adopters of geospatial data have been government agencies, it’s now easy to find widespread GIS adoption in every business sector.
The convergence of GIS with big data means that the potential applications of the two will become limitless. We wanted to look at why interest appears to have risen so dramatically and how different organizations are using big data together with GIS.
Big Data in GIS: Why Now?
Big data is not a new trend by any means; McKinsey highlighted it as the next frontier for innovation even in 2011. However, it is becoming a larger part of geographic information science.
Perhaps one of the biggest changes in the conversation around big data has been in the relationship between hardware, software and expertise. When the McKinsey report mentioned above was published, the cost of hardware presented a major big data challenge, even when considering just one type of computing resource. For example, the cost per gigabyte for computer storage in 2010 was 10 cents. In 2017, that dropped by a factor of five to two cents per gigabyte. We can see similar trends in processing power, memory and other hardware resources.
Midsize organizations can now afford robust hardware for housing data and analytics tools that precisely meet their needs, and smaller organizations can invest in highly scalable cloud solutions, making big data platforms in GIS and other disciplines accessible to nearly anyone.
As a result, the challenge of big data in GIS today is less about the hardware and more about finding people who can manage the huge volume of information and transform it into value for their organizations.
Who’s Using Big Data in GIS and How?
The global geospatial data analytics market is set for considerable growth, increasing from a projected $69.9 billion in 2018 to $88.3 billion in 2020. For context, revenue from geospatial analytics in 2018 is comparable to the global Software-as-a-Service market ($73.6 billion), which is far more mature and encompasses a much larger variety of software. Below are three disciplinary snapshots and how each might use big data in GIS as the technology and organizational understanding of analytics becomes more sophisticated.
1. GIS and Big Data Empower Humanitarian Projects
The United Nation’s Sustainable Development Goals (SDGs) represent a framework for achieving a “better and more sustainable future for all.” Technology advancements—including the Internet of Things, open data platforms, crowdsourced spatial data and the evolution of big data technology — have contributed to an incredibly vast amount of information being available that can help countries achieve the UN’s SDGs.
For example, DigitalGlobe, an organization that sources satellite data and integrates it with other sources like social media sentiment and aerial imagery, leverages a GIS graduate certificate and it’s algorithm to track activity in specific locations and identify anomalies.
The issues that DigitalGlobe helps to solve range from global poverty to child trafficking to disaster response. But the common theme in all its efforts Is that the volume of data working behind the scenes is vast. According to DigitalGlobe regional director Abhineet Jain, the organization collects approximately 80 gigabytes of data daily; as of January 2018, the organization had collected close to 100 petabytes of data total, or the equivalent amount of data to roughly 100 million hours of Netflix video streaming (only 33 million hours if you stream in HD).
2. Geospatial Data Analytics in Marketing
One of the most common uses for geospatial analytics in marketing has been in prospect or customer segmentation. Brands like Under Armour, for example, can use the data from fitness trackers to segment their audiences based on their level of physical activity, and deliver timely promotions based on an individual’s level of engagement with fitness and the Under Armour brand.
As spatial data from disparate sources becomes more tightly integrated, however, marketers’ usage of geospatial analytics will become more complex. As an example, one area of increasing interest has been in tracking brand perception in individual regions using social media. For a brand like Under Armour, integrating this type of information with insights from their fitness tracking data could yield to better targeted messaging— such as by addressing a common customer frustration or aligning the way they talk about their products with the way customers actually use and feel about them.
3. Financial Services Firms Use Big Data and GIS for Business Intelligence
One of the most common uses for GIS in the banking industry has been in determining which branches to consolidate. However, GIS and big data are increasingly used together to address more complex issues. In the insurance industry, overlaying weather data with claim data, for example, can help companies detect possible instances of fraud.
Along with telecommunications companies and government, financial services firms are leading when it comes to using GIS and business intelligence tools together. For the financial sector, geospatial big data is playing a role in creating a boom of startup companies. Many of the financial startups in this area have been marketing themselves for their ability to leverage non-traditional data sources, such as satellite imagery, for determining the potential risk of offering insurance or a loan. For example, satellite imagery over a span of time could better predict a property’s risk of flooding for determining insurance rates.
Big Data and GIS: Looking to the Future
The evolution of big data and its increasing value to GIS is both exciting and challenging. As mentioned before, big data is less of a hardware problem than it was in the early days of the trend. However, new challenges have emerged.
For professionals within GIS, the challenge will be understanding the myriad of ways they could potentially leverage large volumes of data from many different sources and thinking of creative ways they may be able to capture and leverage new data sources. For the organizations that hire these professionals, the challenge will be identifying top talent, not just from a purely technical standpoint, but from their ability to form creative solutions to technical problems.
Electrical engineers design, develop, test, supervise and optimize electrical systems and equipment. But there is a lot more to it than that. The electrical engineering field spans industrial and commercial industries as well as academic and scientific arenas. In addition to the flexibility to work in many different sectors, the latest Bureau of Labor statistics (BLS) data predicts steady growth (7 percent through 2026) in demand for electrical engineers.
Electrical Engineer Skills
While there are many electrical engineering positions open for people with undergraduate degrees, a Master of Science in electrical engineering provides even greater career opportunities by enhancing key skills and offering practical experience in optimizing electrical systems. Electrical engineers need a wide range of skills to be successful—including knowledge of electrical systems theory and principles, critical thinking, the ability to translate theoretical knowledge into practical application and proficiency in common engineering tools like CAD software and MATLAB.
With GW’s online electrical engineering degree, graduates will have opportunities to develop the expertise they need to push their careers forward today and to adapt to the profession as it advances. Furthermore, all of GW’s online engineering master’s programs include a course in project management, helping graduates better position themselves for leadership roles.
Curious what earning a Master of Science in electrical engineering online can do for you? Check out our infographic below to learn more about the type of work available to master’s graduates, where demand for electrical engineers is highest and some of the latest electrical engineering innovations.
About GW’s Online Master’s Degrees in Engineering
George Washington University offers a comprehensive selection of online master’s in engineering programs. The programs are designed with the same curriculum as the on-campus degrees and with a focus on positioning graduates for career advancement. GW Electrical Engineering offers the following programs in a 100% online format:
Online Master of Science in Electrical Engineering
Online Master of Science in Engineering Management
Online Master of Science in Systems Engineering
Online Master of Engineering in Cybersecurity Policy and Compliance