A Holistic Architecture for a Sales Enablement Sensing-as-a-Service Model in the IoT Environment
Abstract
:1. Introduction
1.1. Background
1.2. Insights to Issues
- (i)
- Adopting an IoT will structure and channel the services associated with sales and introduce various analytical operations to give clear and predictive insights into the sales information. Such analytical operations are carried out using multiple learning-based approaches [21]. With the availability of various machine learning approaches, the selection of an appropriate learning scheme is still uncertain.
- (ii)
- The majority of existing studies on business process management, sales, and costing are associated with solving one part of the sales problem that does not apply to the complete process.
- (iii)
- Applying machine learning can assist in better decision making, but it still cannot offer a suitable environment for data dissemination on a massive scale.
1.3. Presented Solution
- Reviews existing SE management approaches to emphasise the strengths and limitations of existing learning schemes.
- Presents an analytical scheme in which SESaaS is computationally modelled considering IoT attributes and a unique learning scheme.
- Develops an integrated model towards maximising profit for IoT service providers and levying optimal service charges from customers.
- Benchmarks the system to exhibit that it offers better outcomes than existing sales management schemes.
2. Existing Approaches
2.1. Studies on Sales Management
- Beneficial Factor: The approaches are capable of offering accurate predictive outcomes considering the adopted case studies.
- Shortcoming Factor: The complete emphasis is on achieving sales accuracy without considering various practical constraints linked with business processes in the practical world.
2.2. Studies Involving Learning in Sales
- Beneficial Factor: Such models offer robust platforms for assessing different learning algorithms, increasing the product analysis scope.
- Shortcoming Factor: The majority of such schemes are potentially dependent on training data to perform analysis. Furthermore, such methodologies are heavily iterative, time-consuming and not meant for instantaneous response generation.
2.3. Studies on Negotiation/Cost
- Beneficial Factors: The primary benefit of such approaches is the higher scope of decision-making considering various attributes on practical ground. The secondary benefit is their application towards multiple products and services associated with sales.
- Shortcoming Factors: The major drawback of such methodologies is that they largely depend on rules formulated by humans. At the same time, the machine-based rule formulating system is also controlled by humans. Hence, the systems are not automated and cannot take the entire decision to negotiate in dynamic environments.
- Viable Solution: There is a need to carry out a novel cost estimation module which can project the beneficial advantage toward service adoption of sales by customers, unlike any existing approaches. Also, there is a need for the customer to be given more control over their selection of sales services in distributed form. The cost factor can be further controlled using an appropriate learning-based scheme.
3. Research Problem
- Incomplete modelling of sales enablement: Sales enablement consists of various attributes ranging from sales content to deal closure and productivity. It also consists of understanding future customer demands. Unfortunately, existing studies favour the sales team ignoring the importance of interactivity with the customer. Though the adoption of machine learning can assist in prediction based on historical data, this is not enough without encapsulating a supportive customer environment.
- Lack of emphasis on service scalability: The majority of existing studies were carried out considering a specific case study of a business process. Hence, irrespective of a better learning approach, such models fail to adapt when the business process is altered. This leads to a decline in scalability performance when different dynamic variables associated with sales enablement are included. The existing system also fails to explain the applicability of such models when run on a bigger scale. The inclusion of IoT assists in this regard; however, existing approaches to sales enablement using IoT focus on the networking aspect and less on data analytical aspects.
- Does not project profit to customers: Irrespective of various cost model approaches in sales, they are mainly associated with evaluating the cost involved in their process without any provision for attracting clients. An eagerness to pay by the customer entirely depends upon the quality of service and the cost involved in the complete process. Unfortunately, the existing methodologies do not project any beneficial features for customers if they adopt any services associated with sales enablement. Hence, this model fails on the practical ground of technology adoption.
- More human-centric and less automated: With the rising demand for standard automation in Industry 4.0, none of the existing systems offers a complete automation process for sales management programs. The sales team manually manages the entire application control upon receiving a machine’s predictive outcomes. The same situation applies to customers, who rely on the sales team to understand their benefits and risks.
4. Proposed Methodology
5. System Design
5.1. Modelling SESaaS Architecture
- Preliminary configuration: This is the first part of the implementation that mainly emphasises assessing the effectiveness of various existing sales processes. This is carried out to find the loopholes in the existing practices by understanding the target audience and configuring the workflows of the routine as well as exploring mechanisms to monitor the prime indicators of sales performance. This primary implementation stage acts as a foundation for the upcoming sales management.
- Maintenance: The maintenance of the SESaaS is not a one-time process: it undergoes various stages of improvement depending upon the customers’ demands. A successful SESaaS calls for progressive maintenance work along with the inclusion of optimisation. All the internal processes associated with the sales operation, competitive intelligence, and training undergo a dynamic change in this implementation stage.
- Campaigning: This is the final stage of the implementation of SESaaS, where the idea is to cater to customers’ demands by responding to their queries. It also calls for measuring the success and analysing the degree of success obtained by the existing implementation.
5.2. Integrating SESaaS with IoT
- (i)
- The inclusion of four essential attributes of SESaaS;
- (ii)
- The need to improve the commercial SESaaS structure to fit in a bigger deployment scenario of IoT.
- Data aggregator: This module represents a sensing device responsible for gathering, storing, and processing all the sensed data. A typical IoT device capable of sensing the target signal from the individual operational sales setup can be used for this purpose. In the preliminary configuration step, all the sensors are assigned a unique identity before deployment. The aggregated data are time-stamped and forwarded for integration with other sensor data. For simplification, the study considers a specific enterprise template which organises all the sensed data in a highly structured form. The sensed data are then reposited in cloud-storage units in indexed form. The maintenance block is responsible for acting as a bridge of communication between the raw sensed data and the template. This module performs all the pre-processing of the sensed data to remove any possible artefacts. The campaigning block is responsible for launching any alteration in the sensing process in the case of any new inclusion of sensed data or exclusion of existing data. This module assists in fine tuning the sensing process per the business requirement. By incorporating an IoT system on computing devices and sales management platforms, such forms of data can be obtained easily. However, it should be noted that the inclusion of this process also demands that financial data be structured and annotated by humans to accomplish the objective of processing them. This results in detecting anomalies and any form of missing financial data. The sales team can levy the cost of this operation from the customer to provide them with enriched data.
- Data manager: The sensed data aggregated from the sales team and the customer are rather raw. Its quality can only be realised when some effective analytical operation is applied. The data manager is a discrete module in an IoT system that obtains sensed data from multiple sensed data aggregators (IoT devices) and subjects them to machine learning. This module offers everyone profit, from the sales team to the customers, who obtain better experience in the contract period, and the third parties, who can levy costs benefitting them. However, it is optional to take this service.
- End customer: The study considers the presence of a specific number of independent entity customers. Each customer has the right to choose from the maximum threshold of service payment towards SESaaS fixed by the data manager. Customers’ choice to pay this cost depends upon their demand for such a service and self-evaluation.
5.3. Learning Model Formulation
5.4. Optimisation Formulation
6. Result Discussion
6.1. Adopted Dataset
- (i)
- Be voluminous and deal with heterogeneous product and service sales.
- (ii)
- Retain all information related to four essential attributes of SES, i.e., sales content, sales training, deal support, sales productivity.
- (iii)
- Retain the response-based information in the form of the English text for both end-users and the sales team.
- (iv)
- Bear all the transactional records for IoT attributes, i.e., data aggregator, data manager, and end-user.
6.2. Implementation Environment
- Dataset preparation: This is the first step of the proposed implementation, carried out in three processes viz. acquisition of all necessary fields associated with the sales team, third parties in IoT, and customers. All the extracted fields from the Kaggle sales dataset are maintained in rows and columns mapped with sensed data from the IoT device. The second step in this process is fine tuning the dataset, which is carried out in two further steps, viz. (i) preprocessing and (ii) applying natural language processing using text categorisation and sentiment analysis. The advantages of undertaking this step are (i) a reduction in the size of data where all the string and character-based data are now transformed into numeric (excluding the main fields/headers to act as a primary key), and (ii) more refined, contextually informative, and structured data are now available compared with raw data. These fine-tuned data are considered the final input dataset.
- Applying machine learning: A script was written in Python for an objective function to ensure the best fit for the proposed learning scheme towards the formulated constraints. This part of the implementation emphasises evaluating the profit for the data manager to assess the costing based on demanded data size by customers with an indicative service charge. A probability concept was applied towards initialising where for one unit of data, the service charge . This stage of operation also assesses the computational cost associated with relaying the sensing service, followed by evaluating the service quality of the proposed SESaaS.
- Optimisation: This is the final step of implementation that optimises the profit to a different level, considering the Lagrangian optimisation approach. The outcome of this step offers a bundled service from the sales team and data manager to the customer. On this basis, it will be feasible to compute the on-the-run service charge paid by the customer. The idea is to balance maximum profit for the data manager cum sales team and enriched service delivery to the customer. Accuracy and response time are computed in this stage, along with re-checking the updated computational cost and service quality. This completes the whole process of implementation using the four performance parameters to assess the effectiveness of the proposed scheme.
6.3. Result Discussion
- Analysis of accuracy: Accuracy is a standard term for assessing the predictive approach toward decision making. The proposed system computes accuracy by dividing the accurately predicted outcomes by the total number of predicted outcomes. The data manager must carry out this operation on behalf of the sales team to project their decision-making accuracy towards the service relay.
- 2.
- Analysis of service quality: This is one of the most prominent parameters directly controlling the customer’s inclination to realise the benefits of adopting SESaaS. The higher the service quality, the higher the profit for both the sales team and IoT attributes (especially the data manager). If the demanded service request is identified accurately (as seen in the prior accuracy outcome), the service quality will be higher. Service quality is defined as data quality when subjected to learning considering all the constraints. The proposed system evaluates service quality considering the assumptions when and . The first assumption is a maximisation function where accuracy progressively improves with the size of demanded data. The second assumption, , represents the minimisation function to exhibit accuracy for learning frameworks.
- 3.
- Analysis of response time: It is well known that the algorithms associated with machine learning models include training duration and consume a certain amount of time. This is also one of the prime reasons behind the non-applicability of learning schemes on certain processes requiring sensitive instantaneous predictive outcomes. The proposed system defines response time as the total duration between accepting the customer’s request and dispatching the service (based on the decision made by the sales team) along with the projected cost. This is the effective duration of time, which also involves negotiation (deal support attribute from the SE model) and profit analysis. The client obtains the estimated time gap between the order being placed and the dispatch of the product or service or query response from the application viewpoint. This performance parameter also contributes to the customer decision-making system. The smaller the time gap, the higher the service quality and the better the system efficiency in relaying the autonomous SESaaS scheme.
- 4.
- Analysis of computational cost: The computational cost was calculated as the number of resources involved in implementing and executing the proposed scheme. It is also a direct representation of the resource burden incurred during the entire operation of SESaaS.
- 5.
- The objective function developed for the proposed system offers higher accuracy with fewer iterations. At the same time, it ensures organisation-based benefits due to its faster processing algorithm.
- 6.
- Unlike the frequently adopted learning scheme, the proposed system highly increased service quality with efficient predictive modelling. Owing to maximised data quality by the proposed IoT modelling in SESaaS, the proposed method benefits its client from the perspective of an efficient service delivery IoT model.
- 7.
- The applicability of the proposed SESaaS model is relatively high for any organisation that deals with sales offered in the form of services irrespective of any domain of product/services.
- 8.
- The implementation scenario and the architecture developed for the proposed scheme are highly flexible. The scheme can be subjected to any customization to retain better computational cost and superior service quality.
7. Conclusions
Author Contributions
Funding
Data Availability Statement
Acknowledgments
Conflicts of Interest
References
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Authors | Problem | Methodology | Advantage | Limitation |
---|---|---|---|---|
Zhang et al. [23] | The ineffective pricing model for sales data-as-a-service | Strategy for integrated bundling service, contract theory | Applicable for any form of sales product | Doesn’t consider the backend sales team |
Trappey et al. [24] | Knowledge extraction from intellectual properties | Principal component analysis, deep neural network | High predictive accuracy score | Accuracy depends upon the quantity of trained data |
Palacios et al. [25] | Autonomous forecasting of sales | Machine learning | Enhances forecast accuracy | Doesn’t consider the practical constraints |
Pai et al. [26] | Prediction of vehicle sales | Least square support vector regression, time series | Enhances forecast accuracy | The model is highly sensitive to outliers |
Nguyen et al. [27] | Prioritization of customer service | IoT, decision support system | Simplified predictive model | Not applicable for the larger scale of IoT |
Mahmud et al. [28] | Reducing prediction error | Artificial Neural Network, autoregressive moving average | Enhanced management of power demand | Highly iterative, not cost-effective for practical application |
Lee et al. [29] | Churn analysis (gaming industry) | Feature engineering, k-means clustering | Effective identification of loyal customer | Doesn’t consider the heterogeneity of data |
Ullah et al. [30] | Churn analysis (telecom industry) | Random forest | Better churn classification | Not applicable for real-time prediction |
Wu et al. [31] | Churn management (telecom industry) | Analytical framework, multiple machine learning | Random forest exhibited better performance | Increased data makes the model run slow |
Khan et al. [32] | Demand forecasting | Machine learning | Higher accuracy for real-time data | Demand modelling doesn’t consider the practical constraints |
Bai et al. [33] | Prediction of early review | Quantitative modelling, game theory | Effective predictive scores | Narrow scope of applicability, complex modelling |
Aniceto et al. [34] | Evaluation of credit risk | Multiple machine learning | Adaboost & random forest perform better | Accuracy dependent on training data size |
Boateng et al. [35] | Cost prediction of fibre optic cable | Linear regression, feed-forward neural network | Effective predictive scores | Highly iterative |
Islam & Amin [36] | Product backorder forecasting | Gradient boosting machine, distributed random forest | Higher applicability in sales management | Overfitting, longer duration for training |
Jamjoom [37] | Knowledge extraction from churn data (insurance industry) | Decision tree, k-means, neural network, logistic regression | Multiple scopes of applicability of the model | Impractical assumption of linearity on conceptual variables |
Mishra & Tripathi [38] | Business model innovation | Machine learning, artificial intelligence | Comprehensive discussion | Doesn’t offer insight into the technical implementation |
Wassouf et al. [39] | Churn management (telecom industry) | Descriptors, classification | Effectively perform loyalty prediction | Doesn’t offer an instantaneous response |
Adabi et al. [40] | Formulation of negotiation strategy | Fuzzy logic | Simplified modelling with a faster outcome | Model entirely depends upon ruleset |
Araujo et al. [41] | Decision-making | Stochastic modelling | Considers constraints for customer service | Not benchmarked |
Bhattacharya et al. [42] | Handling negotiation (cloud service) | Simulation model | Offers balanced state | Computationally extensive process |
Chaudhary et al. [43] | Consumer behaviour prediction | Big data analytics, mathematical model | Enriched data processing | Doesn’t address the inherent problems with big data |
Chen [44] | Optimising logistic distribution | Big data analytics | Satisfactory execution time | Human-centric mechanism |
Ke et al. [45] | Supply chain pricing decision | Numerical analysis | Reduces uncertainty of payment | Not completely automated system |
Makhlouf [46] | Cost of transaction in cloud services | Cost theory | Identifies some practical issues | Low scale of applicability to large environment |
Rounaghi et al. [47] | Addressing cost stickiness | Strategic cost management | Accurate pricing | Applicable to the manufacturing sector only |
Song & Wang [48] | Uncertainty in sales | Pricing strategy with optimality | Offers practical suggestion | Not benchmarked |
Yang & Yao [49] | Resource integration in retail | Dynamic service modelling, ant colony optimisation | Offers a collaborative service framework | Outcome not benchmarked |
Approaches | Response Time | Accuracy | Service Quality |
---|---|---|---|
Proposed | LRT | HA | Higher Service Quality (HSQ) |
Classification-based | Higher Response Time (HRT) | MA | LSQ |
Regression-based | HRT | LA | LSQ |
Clustering-based | HRT | MA | LSQ |
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Olanrewaju, R.F.; Khan, B.U.I.; Goh, K.W.; Hashim, A.H.A.; Sidek, K.A.B.; Khan, Z.I.; Daniyal, H. A Holistic Architecture for a Sales Enablement Sensing-as-a-Service Model in the IoT Environment. Information 2022, 13, 514. https://doi.org/10.3390/info13110514
Olanrewaju RF, Khan BUI, Goh KW, Hashim AHA, Sidek KAB, Khan ZI, Daniyal H. A Holistic Architecture for a Sales Enablement Sensing-as-a-Service Model in the IoT Environment. Information. 2022; 13(11):514. https://doi.org/10.3390/info13110514
Chicago/Turabian StyleOlanrewaju, Rashidah Funke, Burhan Ul Islam Khan, Khang Wen Goh, Aisha Hassan Abdalla Hashim, Khairul Azami Bin Sidek, Zuhani Ismail Khan, and Hamdan Daniyal. 2022. "A Holistic Architecture for a Sales Enablement Sensing-as-a-Service Model in the IoT Environment" Information 13, no. 11: 514. https://doi.org/10.3390/info13110514
APA StyleOlanrewaju, R. F., Khan, B. U. I., Goh, K. W., Hashim, A. H. A., Sidek, K. A. B., Khan, Z. I., & Daniyal, H. (2022). A Holistic Architecture for a Sales Enablement Sensing-as-a-Service Model in the IoT Environment. Information, 13(11), 514. https://doi.org/10.3390/info13110514