• Making Business Intelligence Applications Work in the Insurance Industry
    Technology in Business

    Making Business Intelligence Applications Work in the Insurance Industry

    Insurance is such a service, which can extend its scope to every section of the society. From richest to poorest, from big corporate to small individual entrepreneur, from space research to agriculture – take any walk of life, insurance can add lot of values to it by helping in managing the risk. Formulating strategies for different segments of society and to meet different risk management needs involve lot of data acquisition, automation of workflow and intelligent analytics.

    Many mathematical and statistical techniques, which were confined to remain topics of academic interest only till recently, have started making increasing contribution in present day services. The reasons being the availability of high speed computing devices at affordable cost and the ease, at which large volume of business data can be stored, retrieved and processed. Software companies have flooded the automation market with various products and tools with varied names like BI (Business Intelligence), ANN (Artificial Neural Network), and Data Mining etc. So, business people need not worry about the volume and complexity of computation required, rather they can focus on their core activities and use these techniques to achieve unprecedented business edge.

    If we identify one single industry where need of such techniques is highest, it has to be Insurance industry. The reason being that Insurance has scope of coverage in every walk of life and to do it properly in any field, the knowledge level required is as high as that of that field. Assessing the risk involved, covering them and providing value addition to customers in various industries requires complete understanding of the industry and powerful analytics.

    In recent years many Insurance service organizations have implemented business intelligence solutions with various names, but mostly these solutions are being used for generating information reports similar to those, which were generated before such implementations. Insurance industry is passing through a very dynamic phase and is looking towards Information Technology for solutions beyond workflow automation, MIS and data processing systems etc.

    Business Intelligence, ANN and Data Mining are relatively new terms for business organizations. Operations research, Optimization models, Statistical Techniques etc. are much older and conventional terms. But concepts and theories involved in both these two sets of techniques are very much similar. If we look at the organizations preparedness and technologies available we find a significant advancement in data acquisition and availability of data. But to convert these advancements to …

  • Brainwave Technology - An Effective Practice to Increased Brain Power
    Modern Technology

    Brainwave Technology – An Effective Practice to Increased Brain Power

    The mind is one of the most important organs in a human body. The purpose and functions of the brain can in no way be downplayed or overlooked. The body intertwines wholly with the brain to function; the brain is the central reasoning and information hub. Neurotransmitters run from the brain to other parts of the body. All functions of the body rely on information to function.

    The brain functions in two states; most individual may be familiar with conscious and subconscious state of the mind. However some people may understand each with deeper understanding. The conscious state is more concerned with brain alertness, whereas the subconscious state may be more active with the deeper comatose state of the brain. Brain power may be active in conscious states.

    Studies have that most human beings use less than a third of their capacity; geniuses may have a greater brain capacity. However, this may be slightly higher than the a third mentioned here. Studies have proved that through some activities someone can rise his/her brain use. Through certain disciplines and drugs one can effectively raise his brain power. Before engaging in any activity that points to this, it is recommended for one to seek professional help, especially if your method involves some use of drugs.

    The brain is integral for many other activities. For example, people who maintain a positive thinking pattern have always led to a happy healthier life among folks. Engaging a positive mind fights off sickness and body complication. Most of the ailments are brought about by a certain mind disorder. Stress and depression is one cause of many health problems, acute ADD and ADHD can result to heart and blood diseases. Heart attacks and High blood pressure conditions are sicknesses that have roots from a disturbed mind.

    The mind plays a major role in the body healing processes. It is common for positive thinkers to recuperate fast than sick individuals who maintain sulky expressions. Positive thinking releases neuron transmitters that help in speedy recoveries. Depression has led some to utilize antidepressants. The use of this may not lead to good experiences especially if the drugs are misused. However, there are other methods that have great outcomes with little or no after effects.

    Brainwave technology is one such method. Scientists have proven that the mind operates on different frequencies. Playing certain music or beats has an effect on these …

  • Guide to Making Money with Reseller Hosting
    Technology in Business

    Guide to Making Money with Reseller Hosting

    Reseller Hosting offers an opportunity for professionals to make money by selling web hosting plans to customers. If you are a web designing professional or a developer or a graphic designer who helps people with their websites, then you can add web hosting services to your list and make some additional money in the process. In this article, we will talk about things that you need to know as a hosting reseller and earn regular income.

    Before we begin, let’s understand some basics:

    What is Reseller Hosting?

    Reseller Hosting, as the name suggests, is a hosting plan which allows you to purchase bandwidth and space from a hosting company in bulk and then sell to clients in smaller packets. Think about it like renting an entire apartment building and then leasing out individual apartments to different tenants. In order to do so, you need to purchase a Reseller Hosting plan from a web host.

    Advantages of Reseller Hosting

    • If you are a professional who offers website-related services, then Reseller Hosting allows you to add web hosting to your list making you a one-stop-shop for all their website needs.
    • You can create your own brand and customize the hosting plans to suit the requirements of your customers. Further, you can set-up as well as manage the backend of the websites and emails as well (at a charge, of course).
    • You can start small and keep adding resources as your client base grows.
    • The web host takes care of all the server management tasks and keeps you free to focus on growing your business.
    • People don’t change web hosts unless it is absolutely essential. Therefore, if you provide good services, then you will have a passive income for a long time.

    Inclusions of a Reseller Hosting package

    • Disk space
    • Bandwidth
    • Domain hosting (limited or unlimited)
    • White label branding
    • Control Panel
    • Customization and management tools
    • Security tools
    • 24x7x365 support

    Before you offer Reseller Hosting

    Here are some things that you must consider before offering web hosting to customers:

    1. Select the right hosting plan for every client
    2. Create a range of packages to meet the varying requirements of your targeted customers
    3. Start small and upgrade as you develop a client base
    4. Do not oversell assuming that your clients will not fully utilize the hosting plan
    5. Always keep around one-third of your disk space free for fulfilling the additional space requirements of
  • What Type of Services Should You Expect From Your Web Host?
    Latest Technology

    What Type of Services Should You Expect From Your Web Host?

    It has become quite a popular trend to start online businesses; in fact, it’s a great way to generate income that many people have steered away from their regular day to day jobs so that they can focus on an online career. If you’re someone looking to do this as well, then start your business on the right foot by securing yourself with a good web hosting company. There are too many companies out there today, that it can be quite tough to know which are the good ones that are dedicated to their customers and which are just trying to make some quick money. To know for sure, know what type of service you should expect from your web host so that you don’t make the wrong choice.

    Check the server uptime first, it’s vital that your clients can reach your site as an when they want, which pretty much means 24 hours, 7 days a week. In order to provide that kind of service, you need to pick a hosting provider that offers about 99.5% uptime and nothing less. All websites are subjected to downtime for maintenance and system upgrading, so no site can have a 100% uptime. So while no company can give you perfect uptime, they can make sure that it has a downtime of just a few minutes a day and not for hours. A person who’s new to the online world can very easily assume that if your site is inaccessible, then it’s closed for business and scratch you off the list, moving on another company for business.

    Besides that, the server maintenance is important as well. With the way, technology takes a spin each and every day, computer users have to keep up with constant changes and so do you. when you run a business, you need to make sure that your site has got the latest technology and is not left behind. This would mean that you should go with a company that is currently using the latest software available, so check it out yourself. If they have taken the time and trouble to upgrade their system to be on par with the latest technology then it’s definitely a plus.

    Next, there is also protection, you should look into the anti-virus and firewall protection that is offered. A good web hosting provider should take great pride in their virus and malware protection …

  • The Top 5 Tips I Wish Someone Had Told Me About Public Speaking
    Latest Technology

    The Top 5 Tips I Wish Someone Had Told Me About Public Speaking

    If you don’t know about it – Don’t Talk About It

    For some odd reason, I had always thought that if someone invited me to offer a keynote address on a particular topic, I needed to be an expert on the entire field surrounding the focus of my presentation. I don’t care if we are talking about a 5-minute presentation to a group of ten people or a four-hour educational seminar to over 250 folks. I have given hundreds of presentations to audiences from 5 folks to over 500. If there is ONE thing that rings true – it’s this: Don’t Speak Out of School! Just because you may have 20 years of experience in a particular field, doesn’t mean you know a darn thing about the latest technology associated with it. People don’t want to hear what you don’t know; they don’t want to watch you fail (no matter how much you may doubt yourself.) They want to learn something from you. They want to you succeed and teach them and find the time they have invested in listening to you to be of value – to talk about what you DO know. There is NO faster way to lose credibility with an audience than to make uninformed commentary, period. There are plenty of methods available to speak around those points, address them and then move on.

    Prepare

    There is something to be said about the rule of 7. If you have not run completely through your material, from how you enter the room, to how you set down your attach? to the moment you are introduced, to which opening words you choose, and if you cannot do it all by heart you are not prepared. Your focus should NEVER be on remembering what your message is. You should have already memorized and internalized your content before you attempt to speak in front of anyone! Instead, your focus should be on delivering your message. It never hurts to review your content one additional time. When you “think” you know it, you don’t. When you “know” that you know it – you are ready to work on your presentation style.

    Your Body Can Betray You

    How are you sitting in your chair right this very moment while reading this? Are your shoulders back? Are you sitting up straight? Have you ever found yourself in a conversation where you know for …