All these advantages are based on the information and knowledge collected from several sources. From summaries, reports, physician case notes, prescriptions, imagining, and pathology reports, data is ever-flowing in this domain. With NLP, we can structure the information in the right narrative and gain a better understanding of the data. 

Let’s check out the top use cases of NLP in the healthcare and pharmaceutical industry. 

Importance of NLP in Healthcare and Pharma

The NLP technology makes it easier to interpret and understand human speech. This technology allows humans to communicate with humans just as they do with each other. For the healthcare industry, utilizing NLP means a better understanding of the text, images, and videos generated in all sorts of operations. 

NLP has led to advances in the healthcare and pharmaceutical industry by unlocking new information quickly and accurately. It can structure the information and make it easier to understand for the users. As a result, NLP is benefiting the healthcare industry with improvised clinical documentation, accelerating trial matching, and supporting clinical decisions. 

NLP Applications in Pharma and Healthcare

Healthcare and pharmaceutical organizations can benefit from two types of capabilities of NLP technology. These are comprehension of human speech and text to understand its meaning and to unlock insights from unstructured data from databases and documents. 

The following applications can be organized into one of these two categories. 

Clinical Assertion Modeling

Assessing a patient’s condition based on the information provided can be improved with NLP. NLP solutions can assess a patient’s history with an objective and analytical approach to finding frequent symptoms. It can lead to a better understanding of the condition to deliver more accurate and precise treatment. 

Clinicians use assertion modeling to determine whether the problem is present, lacking, or predicated. NLP-based clinical assertion helps fast-track the process to determine the specific assertion category of every medical condition. 

Drug Reaction Detection

One of the life-saving NLP use cases in the pharmaceutical industry is identifying the reaction of certain drugs. Adverse Drug Event (SDE) detection with NLP and AI-based models assesses the reaction of drugs based on data, transcripts, and literature. 

NLP solutions extract data to build robust dashboards and analytical reports for different personas. As a result, the adverse effects that can happen from a prolonged use of medicines can be prevented. 

Drug Development

Developing new drugs is a complex process, taking a lot of effort and time. NLP-based solutions can help with faster drug development as they can analyze a variety of compounds to find insights for new drug development. 

NLP has the capability to extract and process unstructured data from several sources and databases. Using this information it can identify new compounds for medicines and provide actionable data for every stage of drug development. 

Clinical Data De-Identification

Protecting a patient’s sensitive information is pivotal for healthcare institutions and pharmaceutical companies. Redacting every line and bit of information is a cumbersome process. But this is where NLP can be used to protect sensitive patient health information. 

Patient information and documents can be exchanged in several hands, even outside the healthcare system. Hence, NLP can prevent exposing a patient’s personal and sensitive information to entities that can exploit that information. 

Clinical Code Assigning

The ICD-10-CM is a repository referred to by US-based healthcare institutions to access mortality data. The ICD-10 is used to code and classify mortality data from death certificates. Hospitals use NLP to extract information about different health conditions and diagnoses from patient records to assign the ICD-10-CM code. 

Using this repository, doctors can gain access to healthcare statistics and outcomes for a particular condition. As a result, they can plan better and modified treatment plans. 

Clinical Trial Matching

NLP can make clinical trial matching a seamless and simple process for pharmaceutical and healthcare institutions. It can automate the clinical trial matching process by quickly assessing the subject’s medical information against the clinical drug, therapy, or treatment. 

NLP solutions can generate patient participation criteria or find suitable subjects from the existing database. Plus, NLP can generate a list of the most suitable questions. 

Medical Imaging Annotation

Medical image captioning is, again, a tedious and complicated task. However, NLP can perform the same task with better speed and higher accuracy. NLP and Computer Vision technologies are used to understand a medical image. It can be an X-ray, an MRI scan, a CT scan, an Ultrasound, or any other image-based medical information file. 

NLP solutions employed for this process can add captions to the image and highlight the problems. Moreover, we can get exact findings, indications, and severity of the condition.

Conclusion

The utilization of Natural Language Processing (NLP) in the healthcare and pharmaceutical industry is heavily based on the analysis of unstructured data. With relevant information, healthcare organizations can extract several advantages and deliver better healthcare services to patients. 

At Shaip, we help healthcare organizations gain actionable insights by unlocking insights from unstructured data. Our solution is built to simplify data analysis and help you deliver personalized care services to the patients. 

Author Bio

Vatsal Ghiya is a serial entrepreneur with more than 20 years of experience in healthcare AI software and services. He is the CEO and co-founder of Shaip, which enables the on-demand scaling of our platform, processes, and people for companies with the most demanding machine learning and artificial intelligence initiatives.

Linkedin: https://www.linkedin.com/in/vatsal-ghiya-4191855/

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If there’s one thing that’s impossible to ignore these days, it’s the global fascination with cryptocurrency. From remote corners of the world to bustling cityscapes, the buzz of blockchain technology and digital assets is everywhere. One such place where this financial revolution is flourishing is the breathtakingly beautiful country of Portugal. An exciting blend of age-old culture, stunning landscapes, and a thriving digital economy make Portugal a hotspot for tech enthusiasts worldwide. But what exactly is sparking Portugal’s growing interest in crypto markets, and why is it a noteworthy trend? Read on as we delve deeper into the financial evolution unfolding in the land of Pastéis de Nata and Fado.

Portugal: A Crypto-Friendly Destination

It’s no secret that Portugal has been climbing the ranks as a highly favored destination among expatriates, particularly those hailing from the USA. If you have been contemplating a move to Portugal from USA, it’s not just the country’s charming culture or breathtaking sceneries that may pique your interest. As it turns out, Portugal is an emerging giant in the crypto-sphere.

The country has embraced blockchain technology and cryptocurrencies with open arms, fostering an environment where crypto businesses and enthusiasts can thrive. Unlike many countries where the regulatory climate is muddled or hostile, Portugal offers a warm reception with clear tax laws favoring cryptocurrencies.

Tax Benefits: A Major Draw

The Portuguese government has carved out an appealing fiscal path for crypto investors and traders. To encourage innovation and investment in the crypto space, Portugal’s Tax and Customs Authority exempts cryptocurrency transactions and trading from VAT. Additionally, personal cryptocurrency gains are also free from income tax. This generous tax treatment, in contrast to the more stringent tax laws in countries like the USA, is a significant pull factor.

The Staking Phenomenon: A New Income Avenue

One of the noteworthy aspects of Portugal’s crypto landscape is the increasing popularity of cryptocurrency staking. This process, which involves participating in a proof-of-stake (PoS) blockchain network by holding and ‘staking’ cryptocurrencies in a wallet, is catching on in Portugal for its lucrative passive income prospects. In particular, the potential for earning staking rewards offers an enticing proposition for both seasoned and novice crypto investors alike.

Robust Crypto Infrastructure

Fostering a crypto-friendly environment requires more than favorable tax policies. It demands a robust infrastructure that supports and simplifies the trading, holding, and use of cryptocurrencies. Portugal’s cities, particularly Lisbon and Porto, have seen an increase in Bitcoin ATMs and businesses accepting crypto payments, reflecting the country’s progressive attitude towards digital currencies.

Crypto Education and Community Building

Ignorance breeds skepticism. Recognizing this, Portugal has been focusing on building strong crypto communities and investing in crypto education. Various organizations, meetups, and conferences centered around blockchain and crypto are regular occurrences, aimed at disseminating knowledge and encouraging innovation in this field.

Portugal’s Crypto Future: What Does it Hold?

The ongoing developments in Portugal’s crypto sphere indicate a future where digital currencies are an integral part of the financial system. As Portugal continues to build upon its crypto-friendly regulations and robust infrastructure, one can expect this southern European country to continue its ascent as a crypto powerhouse.

We’ve covered half of our exploration into Portugal’s growing interest in the crypto markets. From understanding the reasons behind Portugal’s popularity among crypto enthusiasts to the government’s tax policies, staking rewards, and community building efforts, it’s clear that the nation is embracing the crypto revolution wholeheartedly.

Crypto’s Role in the Portuguese Economy

As Portugal becomes more welcoming towards cryptocurrencies, it’s worth discussing the impact of these digital assets on the nation’s economy. Given the pro-crypto stance of the government, cryptocurrencies are likely to become more entrenched in the economic fabric of the country. The rise in the number of crypto transactions will lead to an increase in business activities, stimulate technological development, and potentially attract more foreign investment, thereby fueling economic growth.

The Emergence of Crypto Startups

The business-friendly environment in Portugal is spurring the growth of crypto startups. With favorable tax laws, a well-educated workforce, and a vibrant crypto community, Portugal has emerged as an attractive base for blockchain businesses. Companies like UTRUST, a crypto payment solution provider, and Shilling, a blockchain-focused venture capital firm, are just a few examples of the dynamic crypto startups that call Portugal home.

Impact on Real Estate

Cryptocurrencies aren’t just reshaping the traditional financial sector in Portugal, but they’re also leaving their mark on the real estate industry. More property transactions are being completed using Bitcoin and other cryptocurrencies, offering a new, streamlined method of asset transfer. Furthermore, some real estate projects are even tokenizing their properties, allowing investors to buy and sell property shares using crypto tokens. This not only democratizes property investment but also brings additional liquidity to the real estate market.

Sentiments and Future Prospects

The overall sentiment towards cryptocurrencies in Portugal is increasingly positive. There is growing recognition of crypto’s potential to revolutionize various sectors, from finance to real estate. However, as with any innovation, there are also concerns about security and volatility. Therefore, while Portugal is open to embracing cryptocurrencies, it is also advocating for informed and responsible participation.

Looking to the future, Portugal shows immense promise as a hub for crypto innovation. With continued support from the government, and an increasing number of businesses and individuals participating in the crypto market, Portugal is well on its way to becoming a leading crypto nation.

Conclusion

In the world of cryptocurrencies, Portugal is carving out a name for itself as a crypto-friendly haven. With favorable tax policies, an evolving crypto infrastructure, increasing staking rewards, and a blossoming crypto startup scene, it’s not surprising that many are considering the move to Portugal from the USA and other countries. As we move forward in this digital age, the prospects of Portugal becoming a significant player in the global crypto sphere are bright, promising a future where blockchain technology and digital currencies are not just accepted but are an integral part of life and business.

By embracing cryptocurrencies, Portugal is not merely jumping on a trend but is taking strategic steps to build a robust digital economy. It reflects the country’s commitment to innovation and financial inclusivity, values that will define the future of economies worldwide. Whether you’re a crypto enthusiast, investor, or a casual observer, Portugal’s burgeoning crypto landscape is a fascinating phenomenon to watch and learn from. After all, in the rapidly evolving world of finance, one thing is certain – cryptocurrencies are here to stay, and Portugal is more than ready for this digital revolution.

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What is cloud mining?

Cloud mining is a process of using remote data centers to mine cryptocurrencies like Bitcoin. Instead of investing in expensive hardware and running it at home, users can rent processing power from a cloud mining provider. The provider runs the miners and takes care of maintenance and electricity costs, allowing the user to enjoy the benefits of mining without going through the hassle. 

Cloud mining enables users to buy a fixed hash rate (computing power) or receive regular payments from their mining activity. This is an excellent option for those needing more technical knowledge or resources to set up their mining rigs. If you’re looking for a reliable cloud mining solution, you can learn more about Stormgain’s bespoke service on https://stormgain.com/free-bitcoin-faucet.

The benefits of cloud mining

Undoubtedly, cloud mining has many merits that outweigh the traditional use of buying, using, and maintaining Bitcoin hardware. Here are the most prominent reasons to choose cloud mining over traditional BTC mining:

• Convenience: The service removes the need for significant investments in hardware, software, and setup costs. All the necessary equipment is hosted remotely, allowing you to buy a plan and get started.
• Ease of Use: Cloud mining platforms are user-friendly, allowing miners to start mining with minimal technical knowledge. This makes it ideal for those new to cryptocurrency mining or who don’t wish to engage too much in the technicalities.
• Cost Savings: The cost of electricity and cooling for hardware can quickly add up when mining from home. Cloud mining eliminates these costs as the cloud provider handles the electricity and cooling. 
• Fast Results: Since the hardware is hosted remotely, miners can see the results of their efforts almost instantly. This eliminates the need to wait weeks or even months to start seeing returns on their investment.
• Scalability: The service allows miners to scale their operations up or down depending on their needs. This makes it perfect for small-scale miners who want to test the waters and experienced miners looking to expand their operations.

What are the risks of using the service?

Despite its merits, cloud mining has its disadvantages, too. Like traditional Bitcoin mining, it has some risks that you need to consider. Here are the most crucial cons you need to know before start using such services:

• Security: Such services often store your data and private keys on their servers, which can be vulnerable to hacking. Your funds may be at risk if the provider is hacked or goes out of business.
• Scams: There are many scams, with companies offering extremely high returns or promises of huge profits with little to no risk. It is essential to do your research and ensure that the provider you are working with is legitimate.
• Possibly High Costs: Although using such a service can be more cost-effective than traditional mining, the costs can still be relatively high. This is because cloud providers charge a fee for their services, as well as the cost of electricity used to power the miners.
• Volatility: The price of cryptocurrencies can be volatile, so any investment in cloud mining could be subject to market fluctuations.
• Regulation: Governments and financial institutions have been increasingly cracking down on cryptocurrency, which could put such operations at risk. It is essential to keep up with any regulation changes to ensure compliance.

Of course, there are platforms like Stormgain that mitigate most of these risks by providing a reliable and fair Bitcoin mining service.

Final Thoughts

When it comes to mining Bitcoin, cloud mining is a viable option for many people. It offers the ability to mine from anywhere, with minimal upfront costs and potentially much higher returns than traditional mining. Moreover, it is more energy efficient, as the mining hardware is offsite, reducing environmental strain.

Cloud mining also removes the need to buy and maintain expensive mining hardware. As a result, users don’t have to worry about potential breakdowns or other costly issues. Ultimately, the service allows users to access the latest technology without investing in expensive hardware.

Last but not least, using such a service can be very cost-effective. Companies offer miners discounted prices on their services and often include discounts for multiple-year contracts. This means that users don’t have to worry about unexpected costs associated with running their hardware. 

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Developing a Solid Business Plan

A well-thought-out business plan serves as the roadmap for your entrepreneurial journey. It should outline your business’s goals, what it will take to achieve them, and how you plan to measure success. Your business plan should also include market research, a thorough analysis of your competitors, and an evaluation of your target audience’s needs.

In addition, a great business plan should include a detailed financial plan outlining your expected expenses, revenue projections, and potential sources of funding. This will be crucial when you approach investors or seek financing from banks. When creating your business plan, remember that it’s a living document – it should be updated regularly to accommodate changes in the business environment or adapt to new insights and opportunities.

Don’t forget to consider the importance of integrating appropriate technologies. For instance, if you’re working with customer relationship management (CRM) systems like HubSpot, you might benefit from a Netsuite Hubspot integration that ensures smooth data transfer between these two platforms, ultimately streamlining your workflow.

Investing in Personal and Professional Development

Running a successful business requires the ability to learn new skills and adapt to changing environments. To set yourself up for success, consider investing in personal and professional development through training, certification, or even pursuing a leadership degree online. This can provide you with the knowledge and management expertise needed to lead your team effectively and make informed decisions.

Aside from formal education, networking events, online forums, and local business associations can be excellent sources of support, mentorship, and advice from fellow entrepreneurs. Don’t underestimate the value of cultivating a community around your business idea, as it can lead to unexpected collaborations, opportunities, and insights.

Remember to maintain a healthy work-life balance and prioritize self-care, as running a business can be stressful and demanding. Your mental and physical well-being will directly impact your ability to lead and manage effectively, so it’s essential to establish healthy boundaries and coping strategies.

Building a Strong Brand Identity

A memorable and consistent brand identity is vital in today’s competitive marketplace. Your brand is what sets you apart from competitors and represents the core values, mission, and personality of your business. Evaluating the visual identity (such as the logo, fonts, and colors), brand messaging, and overall customer experience ensures that your brand resonates with your target audience.

Effective marketing strategies are also critical for creating brand awareness and establishing your presence in the market. This may involve leveraging social media marketing, content marketing, email marketing, or even paid advertisements. It’s essential to identify channels that produce the desired results and optimize your marketing budget accordingly.

Engaging and nurturing relationships with your customers is vital for developing a loyal customer base. This can be achieved through exceptional customer service, offering unique products or services, and giving back to the community through philanthropic or sustainable initiatives. A successful brand not only sells products but also creates emotional connections with customers.

Managing Finances Strategically

Effective financial management is crucial to the success and sustainability of your business. This involves accurate record-keeping, regular budget reviews, and efficient cash flow management. Establishing a clear understanding of your financial position enables more informed decision-making and helps identify potential areas for growth and cost-cutting.

Determining the right pricing structure for your products or services directly impacts your profitability. This requires analyzing the value you provide, the costs involved in production and delivery, and assessing the competitive landscape. Offering attractive pricing while maintaining healthy profit margins is vital for long-term growth.

The journey of starting a business can be harrowing but ultimately rewarding. By developing a solid business plan, investing in personal and professional growth, building a strong brand identity, and managing finances strategically, you are well on your way to achieving entrepreneurial success.

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A document management system is a digital solution that centralizes and secures your company’s documentation. If you’re using paper, you can say goodbye to physical filing cabinets that take up space and time when employees need to find the right files. Even if you have already gone digital with much of your documentation, you may still suffer from disorganization with files living on personal computers, local hard drives, or non-centralized storage. The right document management system introduces a single repository for all files that also ensures your data’s security and compliance.

A document management system improves efficiencies in a business in many ways to help you do more with less. Read on for the main three. 

Leverage Automation

Document management takes manual labor out of many aspects of operation across your organization. With your files stored in a digital, central place, employees no longer have to physically search and retrieve them. Document management solutions can also streamline the process through which you will convert your paper files into digital formats, so moving to a digital system won’t disrupt your business. 

You’ll no longer need to manually track documents as they move among employees and stakeholders for approval, changes, and review. The document management system ensures documents follow intended workflows — tracing their paths as they go and speeding up approvals. Employees no longer have to manually follow up with people to ensure their review/approval so the document can continue its journey.

Ensure Security

No organization can be truly efficient without proper security. Vulnerabilities and points of exposure can cause delays and bottlenecked workflows for employees who must scramble to close these loopholes. And in the worst-case scenario, if that sensitive information is exposed, your entire business operation could stagnate during the process of getting the data leak under control.

Paper-based processes open your business to these risks. Paper can get lost, stolen, or damaged. There’s little-to-no traceability, and files can still get corrupted even in an electronic format. Document management offers data security and will store your documents in a secure infrastructure. The solution will also automate document backup to consistently ensure the integrity of your data.

A document management system also introduces inefficiencies by keeping files accessible to the right parties only. You can set permissions for files so they are not at risk of exposure to irrelevant or inappropriate users, and leveraging access control also ensures who can edit and share documents. 

Additionally, a document management system will improve efficiency for compliance and audits because these security parameters keep your data processes adherent to regulatory regulations across industries. When it comes time for an audit, your team will have to do far less document searching, and they won’t waste time retrieving the right files that live on local hard drives or in filing cabinets. A document management system helps you demonstrate compliance with traceability and version tracking.

Cut Time Across Processes

There are dozens of ways a document management system drives efficiencies by simply shaving time from workflows. Here are a few:

• The system will provide an intuitive search function so users can rapidly find documents through queries, including tags or other metadata. Indexing is a feature that allows you to classify documents with a range of labels so they can be traced easily.
• Disputes about revisions resolve quickly because the document management system tracks different versions of the same documents. You’ll have every version of a file stored in your system for easy retrieval and to speed along the revision process.
• Similarly, users are kept accountable for their participation in a workflow as the document system tracks where files stagnate.
• If your business needs to deal with paper-based processes, you can continue to do so efficiently using your document management system. The system converts scanned images into editable text documents, which also allows you to easily find specific information within text in the documents.
• Employees will dramatically cut any time associated with storing documents, as you no longer need someone to file data away in folders properly. The document management system automatically and securely stores files in your repository.
• Document management introduces greater accuracy to your business processes, cutting the time spent fixing mistakes or backtracking to determine what went wrong and where. Features like indexing and digital revision tracking reduce human error when it comes to document classification and creation.
• Users will communicate faster — speeding up workflows as they won’t have to wait for documents to be manually passed among desks.
• Reporting — one of the biggest time-drainers in any organization — will be faster and less stressful as employees will have access to all relevant documentation needed to create reports at their fingertips.

Curious About Document Management for Your Organization? 

Document management is the best place to start if you’re looking for an easy way to introduce efficiencies throughout your business. Get in touch with a document management expert with any questions you have about implementing the software. 

Author Bio

Tom Tassias, Chief Technology Officer at DocXellent, has over 17 years of experience in the document management software space. After joining the DocXellent technology team in 2006, he became responsible for providing technical leadership and creating innovative, best-in-class products and document solutions for their customers. Before working at DocXellent, Tom held roles in Information Technology, software development, technical leadership, and project management.

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The most obvious way to break up your sitting routine would be to get up and take a walk around your home office or even around the block. But there’s a simpler way to accomplish movement with minimum activity: simply standing. While a sit-to-stand desk or an adjustable height desk is an ergonomic way to ensure you’ve got a convenient way to adjust your working space for both scenarios, we still may be asking the question: how often should we be standing? While the answer to this has been researched extensively, there are many varying recommended suggestions. 

The 3:1 Rule

The 3:1 sitting/standing rule basically states that for optimal health consideration, every 45 minutes of sitting, an individual must stand for 15 minutes. This ratio is the most universal and has been adopted by most doctors as the best recommendation for overall health. While starting this may seem daunting, it is the easiest way to make sure you’re optimizing your physical well-being during your work day. 

The 1:1 Rule

The 1:1 sitting/standing rule is a bit more aggressive and states that an individual should spend the same amount of time standing as sitting in a day. To break it down, the 1:1 rule would require that for every 15 minutes of sitting, an individual would need to spend an equal 15 minutes standing. While more aggressive than the 3:1 rule, this ratio ensures you aren’t sitting for any amount longer than you’ll be sitting within a day. 

The 1:3 Rule

As the least commonly recommended, the 3:1 sitting/standing ratio is an aggressive way to ensure that you spend substantially more time standing in a day rather than sitting. This rule states that for every 15 minutes of sitting, individuals must stand for 45 minutes. This ratio allows for the most activity and would ensure that you are remaining active more often than you are remaining sedentary. 

While understanding the three ratios for finding the perfect sitting-to-standing ratio, individuals may have some health considerations they will need to take into consideration. Individuals with continual back pain while standing may want to opt-in for the generic 3:1 ratio, while more active individuals who compete in sports and activities more often may lean more towards the 1:3 rule. Overall physical and heart health play an important part in your decision-making as well. If you are just starting your health journey, you may want to opt-in to start with a 3:1 ratio and slowly work your way towards the more aggressive ratios. Additionally, individuals will need to make sure that when they are standing they aren’t favoring weight on one side of their body and are moving kinesthetically. A simple way to achieve this is by standing up straight, maintaining good posture, and occasionally extending and bending your legs. You may even want to raise your knees on occasion to make sure you’re not getting stuck in a singular position that might contribute to pain.

Final Words

Considerations for which ratio to choose should be done so on a person-by-person basis, but the research is clear that everyone should be incorporating standing into their everyday work routine. While the ratio you choose will largely depend on your current health and future health goals, getting started sooner rather than later by involving movement in your day will not only boost your mental health but help you achieve your goals more quickly and become more productive overall. If you have any questions about which ratio is best for you, it is best to consult your doctor and find a health plan that works for you.

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Unlike the disorganized and unstructured nature of standard textbook notes, Mind Maps allow for the capture of ideas and concepts in a visual and interactive format. The central thought in a Mind Map layout is often placed in the center, with supporting ideas radiating outward from there.

Mind mapping has come a long way from its early days and is now widely used in both the classroom and the real world. Making simple plans, analyzing complex ideas, and keeping track of all your projects, activities, and information is much easier with the help of Mind Mapping.

The advent of the digital era has made the creation of Mind Maps easier and faster than ever before. It may be difficult to track down reliable Mind Mapping software, however. For this reason, you’ll want to choose software that’s both simple to use and capable of providing a detailed visual representation of your thoughts, phrases, tasks, etc.

Fortunately, it didn’t take us long to identify one that satisfies all of the requirements. Without further ado, I’d like to introduce you to EdrawMind Online, one of the greatest Mind Map programs available today.

Easily visualize your ideas, thoughts, and other information with the help of EdrawMind’s Mind Map drawing tool. It’s cross-platform, so it should work well on any computer system. Smooth operation is ensured on all major platforms, including Windows, macOS, Android, iOS, Linux, and the Web.

The program’s interface heavily borrows cues from Microsoft Office, making it very user-friendly and straightforward to get about. It has a similar look and feels to Microsoft Office programs. The use of this tool does not need any special technical knowledge. The intuitive design makes it simpler for users to generate new Mind Maps or modify existing ones.

With a few clicks, you can modify your diagram’s layout, add themes and clip art, alter connection styles, and more. Your Mind Maps can come to life with the help of the 33 customizable themes and more than 700 available elegant clip-arts that are available for use with the 12 available Mind Map structures.

The ability to export files is another strength of EdrawMind that we like. When you’re done, you may save your works in a variety of formats that can be further edited. Microsoft Office formats including Word, Excel, and PowerPoint as well as Adobe’s SVG and PDF are all included.

The application is filled with a tonne of straightforward features that simplify and expedite the process of presenting a Mind Map, in addition to offering a comprehensive library of templates and symbols with which to do so. A Slideshow or Traverse function is available for previewing your diagrams.

Additionally, the tool’s cutting-edge capabilities, such as its Brainstorming and Outline modes, make it ideal for online teamwork.

Simply said, EdrawMind is a robust, user-friendly, and collaborative Mind Map program that provides you with all the features you need to graphically describe your thoughts. However, the potential of this instrument has only been partially explored.

Now that we have your attention, let’s find out how its user interface and various functions perform in terms of usability.

User Interface

Both the mobile and desktop editions of EdrawMind benefit from the program’s beautiful user interface. When you first run the program, you’ll be presented with a massive library of premade Mind Map designs. You may start building your own constructions from scratch using the blank templates available at the top.

In addition to the standard format, you may also choose from a variety of other formats. Org charts, timelines, and fishbone diagrams are three common types of Mind Maps.

Just keep scrolling down and you’ll reach a seemingly limitless library of premade samples. The templates are simple to modify and were created by experts with a wide range of company requirements in mind.

To make a Mind Map, choose a template from the drop-down menu, and you’ll be sent back to the main workspace. The interface of EdrawMind is frighteningly similar to that of Microsoft Office products, which is both a strength and a weakness of the program. Because of its familiar design, the utility is very user-friendly.

The selected template will be shown on the blank canvas that takes up most of the primary area. Everything you need to make changes to, update, or create the Mind Map is conveniently located in the workspace. You may get to them through the right panel or the top ribbon bar.

Choose between the Mind Map and Outline formats under the ‘Home’ tab on the top ribbon (more on this later). In this section, you may also add new themes, subtopics, or numerous topics at once. You may also do this task by using shortcut keys.

To add a new subject before the currently highlighted one, use Shift+Enter. You may add subtopics to already chosen topics by hitting TAB, and you can delete a subtopic from a selected topic by pressing Shift+TAB. Also, you may enter a floating subject by double-clicking anywhere on the canvas.

Additionally, you may put limits, comments, photos, and much more by selecting the ‘Relationship’ option and then drawing links between different subjects and subtopics you’ve added.

The building of a Mind Map may be simplified even more by experimenting with the more complex elements accessible from the top ribbon bar. Those functions will be discussed in more depth later on in the examination.

On the right side of your workspace, you’ll see links to menus where you may alter the look of your Mind Map by selecting a new format, theme, layout, and color scheme. This is also where you’ll find the library of icons (called “Marks”) and clipart (called “Cliparts”) that you can drag straight into your diagram. This section also allows you to modify your job details.

Features

#1) Massive Template and Clipart Library

The extensive collection of Mind Map templates and clipart is perhaps EdrawMind’s strongest selling point. The program provides a selection of 12 different organizational diagrams, including Org Charts, Fishbone Diagrams, Right Maps, TreeMaps, and Timeline Maps, among others.

EdrawMind’s massive, ever-growing community library is stocked with modifiable templates created by professionals and contributed by our users. These layouts might serve as a starting point for a more polished and professional presentation of your ideas for school, business, or life in general.

In the workspace itself, you have access to 33 premade themes and a wide variety of color schemes to give your diagram a one-of-a-kind appearance. More than 700 cliparts are already stored inside the program and may be dropped into your design at any time.

#2) Presentation and Traverse

EdrawMind’s presentation features are as polished as its creation ones, making it a natural choice for showing off your final Mind Map. When you’re through customizing your diagram, click the “Slideshow” button in the main menu. A Slideshow preview of your work is available here. Once you have finished creating your subjects, you may click “Auto Create” to automatically generate slides for each of them.

Additionally, you may create a new slide for each new subsection from this point. You may create a new slide by highlighting the content you want to stand on its own, then selecting “Add Slide” from the sidebar.

Simply choose the “Start Slideshow” option at the top to convert your document into a presentation. The presentation will begin with seamless transitions between slides.

A more lively presentation may be achieved by using the software’s “Traverse Topics” or “Traverse Branches” option. By continuing to click through the presentation until it ends, you will cause the focus to shift from one subject to the next as it is zoomed out.

If you’re happy with your finished presentation, you can save it as a PDF or PPT by selecting one of the buttons at the very top.

#3) Gantt Chart

You may see the project’s timetable or overall planning on a Gantt Chart. Time-sensitive initiatives, in which a project manager must evaluate the amount of time, resources, and other factors necessary to complete the work effectively, might benefit from the use of Gantt Charts for planning and monitoring. Taking your Mind Maps and turning them into a Gantt Chart is a breeze using EdrawMind.

The ‘Advanced’ tab on your interface’s top ribbon bar is where you’ll find the tools necessary to create a Gantt Chart. The first available choice is a Gantt Chart. Use your mouse to choose it. Then, under the right panel, under “Task Information,” click on all of the themes you just selected on your Mind Map.

The Gantt Chart has been updated to reflect your current selections.

A window for modifying the timespan of opened chart subjects and subtopics has opened. When you adjust the time allotted to a particular subtopic, the time allotted to the parent subject will shift accordingly.

To make more changes to the chart’s date, chart units, time period, and working days, click on the ‘Gantt Chart’ settings. Your completed Gantt Chart may then be quickly exported to PDF.

#4) Brainstorming Mode

Brainstorming refers to a group of individuals getting together to think of solutions to an issue. Conflicting ideas are sometimes thrown at the table during brainstorming sessions in an attempt to identify the best possible answer to an issue.

Therefore, we are pleased that EdrawMind features a tool designed specifically to streamline the brainstorming process since it is an essential aspect of mind mapping.

In the “Advanced” menu at the top of your screen, you’ll see the option to “Brainstorm.” When you switch to this mode, a blank canvas with a left panel appears, onto which you may enter your thoughts. If you want to submit any suggestions, just keep pressing the enter key. As you continue to add items to your list, you may reorganize the ones that already exist to better fit your needs.

When you’re ready to start building your Mind Map, just start dragging your thoughts onto the main canvas. After that, you may bring your revised mind map into the primary editing window.

#5) The Outline Mode

The new “Outline Mode” in EdrawMind lets you input, arrange, and enter your subjects and subtopics in bullet form before generating a Mind Map.

Using the ‘Increase Indent’ and ‘Decrease Indent’ buttons, you can create nested topics inside your Main Topic, and you may make further changes to your outline by including images, highlighting text, linking to other resources, adding comments, and so on. When you’re done with your Outline, you may save it as a PDF, Word document, or one of several other formats.

#6) Online Collaboration

Just like other top-notch software, EdrawMind is also available in a web-based form, making it ideal for group projects. When working with the web-based version, using the “Collaboration” menu item enables you to assign access to users, generate a link, and distribute it to a teammate. Once everyone on your team has the connection, they may access your Mind Map through the portal.

In a Mind Map, you and your teammate may collaborate in real-time on the same document. At any point throughout the project’s execution, you and your team members may communicate and make adjustments as needed to ensure everyone is on the same page.

#7) Support

The help system in EdrawMind is above average. Instructions, videos, and frequently asked questions are all available to help people get started with the program. If a customer needs assistance, they may submit a ticket on the service’s website.

The number of available channels for contacting assistance has been severely limited. It is hoped that a more efficient method of resolving pressing questions than submitting online tickets will be available soon.

Price

Another area where EdrawMind shines is in its adaptable pricing. The cheapest option is a $39 semi-annual subscription that subscribers are charged for every 6 months.

There is also an annual plan for $59 per year that users may choose. Both of these packages include 1 GB of cloud storage space and access to all of EdrawMind’s platforms.

Last but not least, there is a lifetime plan that costs $145 once. Access to all platforms is included in this package as well. However, you have access to over 10 GB of cloud storage space, as well as free upgrades and top-tier customer support forever.

A lifetime bundle package that includes EdrawMind, EdrawMax, and EdrawInfo for a single payment of $312 is also available.

EdrawMind has many different paid plans available, including an Individual Plan as well as Team and Business plans that each have their own unique set of tools and benefits. For one person, this package costs $79 per year. If you’re looking for something more permanent, a lifetime package is available for as little as $129 per user.

Pros And Cons

Enlisted below are some pros and cons of EdrawMind:

Conclusion

By using well-organized, pictorial graphics, Mind Maps makes abstract concepts accessible. EdrawMind’s abundance of high-end tools, themes, and eye-catching clip art makes it a breeze to build professional-looking maps.

You may start fresh with a blank Mind Map, or you can use one of the many premade templates from the site’s active community. The following are some of the ways in which this tool may assist you: Brainstorming; Outlining; Creating a Gantt Chart

• Timely and Effective Project and Task Administration
• Effective Management of Information Made Simple
• The process of coming up with schemes.
• Give a thorough, well-structured presentation of your thoughts.
• Dissect convoluted concepts

EdrawMind may be used for a variety of purposes, from teaching to meeting the demands of businesses. It is fully OS-agnostic, so you may use it on any mobile or desktop computer. You may save the Mind Maps you make on the site as fully editable documents in a number of different file formats.

When it comes to Mind Map programs, EdrawMind stands head and shoulders above the competition. We recommend it because it’s user-friendly, loaded with features, and useful for coordinating remote teams.

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There is a free program for reading PDF files. It is worth noting that the tool often competes with Adobe. Foxit PDF Reader is a great program that is compatible with Windows, Android, macOS, iOS, Linux. 

With this tool it is possible to work with PDF documents, read and print them on different devices. There is also a great opportunity to merge pdf documents, leave feedback.

For reading, Foxit is considered one of the best and affordable programs for users. You can integrate some of the reliable cloud storage. Documents are conveniently signed with an electronic signature.

Nitro PDF Pro

The newest version of this program can be found from 2021. It is a paid tool, but payment is made for a one-time license. It will be available to no more than 20 users. Nitro often offers discounts and promotions for customers. Payments for the program range from $140 to $180 per year. 

Nitro PDF Pro has similarities to Microsoft Office, so it will seem familiar to many users. The available features are the following:

• editing;
• reading and leaving comments;
• pdf splitter;
• reading program settings;
• PDF to Word conversion;
• filling out forms.

There are many other interesting features you can use in this tool. The advantage is the ability to sign documents with an electronic signature which is really es[ecially convenient. It is one of the best pdf software editor that besides reading offers different functions for working with PDF files. 

Adobe Acrobat Reader

The Adobe brand represents the creator of the PDF file format. The tool Adobe Acrobat Reader is an excellent tool for working with pdf files. The free version is good for reading and it is only available for 7 days. It is worth considering such nuances before trying how to compress a pdf. 

The paid version of Adobe Acrobat Pro DC has a large number of features and additional tools which are essential in working with PDF files. You can fix the free version for reading, but if you work with PDF documents every day, you will need to buy a subscription . 

Adobe Acrobat Reader is an excellent program with a wide variety of useful functionalities. The main ones include:

• viewing;
• commenting;
• printing;
• electronic signature;
• sending.

All of these can be used when working with PDF files. If you need advanced functions such as editing and converting, scanning, and transforming PDF files, you will need another software. In this case, Acrobat Pro DC is a good choice. It is one of the best ways to edit a pdf online. 

Acrobat Pro DC has a free version which is valid for 7 days. After that, you can buy the full version and pay for a month or a year. The monthly fee is $27 and the annual fee is $192. Take into account how long you need to work with PDF files. 

In this tool you will have the possibility to edit, convert pdf to word and many other features. All functions can be done online. The program is available in any browser, on the device you are using. All you need is to move the file to the appropriate window and start working. When you are done, you can rename the file and save it in the desired format. Choose the best tool for working with pdf files, but keep in mind that some of the programs only have a read-only function. There are different kinds of programs for editing and converting the documents. 

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SMS Coupon Campaigns

SMS coupon campaigns are exactly what they sound like: mass text marketing campaigns that focus on providing beneficial coupons to their recipients.

Say that you want all of your customers to know about a recent sale where you’re discounting one of your best products for 30% off. While you could send emails to those customers, they may not open those emails. Similarly, they may not see a PPC or pay-per-click ad announcing the exact same discount.

But when you send an SMS coupon to your target recipients, they are much more likely to both recognize the discount (due to opening the text message) and take advantage of it by clicking on a handy link contained within. Ultimately, SMS coupon campaigns are highly effective and perfect ways to spread the word about a new discount you just launched.

Text Promotion Campaigns

Then there are text promotion campaigns. Similar to SMS coupon campaigns, text promotion campaigns are used for anything your brand wants to promote, such as:

• Newly released products or services
• Special offers, such as further discounts or benefits longtime customers can take advantage of
• The opening of a new store
• And more

Text promotion campaigns can be used for practically anything. They are versatile, flexible, and ideal whenever you need to give your target audience members important information ASAP.

Mass text marketing is particularly nice if you want to send out a major promotion to dozens, hundreds, or thousands of people simultaneously. With mass SMS marketing, you can reach all the people you need to in a matter of minutes without having to worry about whether your target audience members will see a carefully crafted pay-per-click ad or other marketing material.

Loyalty Program Campaigns

Many successful brands rely on loyalty campaigns to improve their customer retention and keep people coming back for more. You can use mass text marketing to:

• Bring people into your loyalty program in the first place
• Send messages to those customers already in your loyalty program. These messages include special announcements, more discount offers, important news about your brand, and more

Loyalty program mass text marketing campaigns are usually more informative. But they can also be leveraged to give perks or benefits to your most loyal and consistent buyers quickly and easily. After all, you should already have your loyalty program members’ phone numbers!

SMS Alert Campaigns

Sometimes, your brand needs to send out immediate alerts to past customers or buyers. For instance, maybe you just realized that one of your products has a possible defect. An SMS marketing campaign could be the best way to alert buyers of that product and convince them to bring it back in for a refund or a product exchange.

Since mass text marketing campaigns are quick and easy to implement, this is far better than relying on some other type of digital communication, like emails or announcements on your website.

Text-to-Win Contest Campaigns

Text marketing services like TextSanity can further help you by implementing text-to-win contests. These distinct mass text marketing campaigns allow customers to opt-in to competitions, like raffles, to potentially win prizes for their engagement.

Text-to-win contest campaigns are some of the most effective for boosting consumer engagement with your brand. They can help bootstrap emotional connections between customers in your company, plus get people to visit your site or sign up for email newsletters more reliably than many other campaign types.

Personal Text Campaigns

The more personal your marketing is, the more successful it usually is, as well. To that end, consider using personal mass text marketing campaigns. For example, send a happy birthday text to all the people on your phone number list who share a birthday. Throw in a discount of 10% off their next order, and you’ll look great in the eyes of your target consumers.

Other personal text campaigns include reminders for upcoming appointments (if you are a healthcare provider or offer other services), abandoned cart reminders that use the recipient’s first and last name for added personalization, and more. The right text marketing service can ensure your texts are personalized and delivered to the right people time and again.

In the end, any of these mass text marketing campaigns can work for your needs. Consider your marketing goals carefully, then start sending messages based on these campaign ideas, and you’ll see conversions in no time. 

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What Is SIP In Cryptocurrency?

SIPs, or systematic investment programs, make smaller, more frequent investments in mutual funds and other investment plans. Since you no longer need a sizable sum of money to start investing, SIPs are more accessible.

SIPs automate the process of investing as well. When you begin a SIP, money will automatically be deducted from your account. A qualified fund manager also manages your investments. SIPs are ideal for new investors who lack time to monitor the market and make sophisticated investing selections.

Now that the bitcoin sector is expanding, many investing firms provide SIPs to customers. It enables investors to take advantage of this profitable asset class even if they lack the resources, knowledge, or time to execute significant cryptocurrency trades independently.

Additionally, by averaging out the token’s purchase price, you can lessen the effect of volatility. You purchase fewer tokens when prices rise and more when prices decrease since your investment amount stays the same. This enables investors to both mitigate and profit from market volatility.

How Can One Start Investing In Crypto SIP?

You can choose the Systematic Purchase Plan (SPP) in the crypto baskets offered by Mudrex to prevent any impulsive investment decisions or to remain guarded on your investment. The service is comparable to SIP offerings in stocks or mutual funds. Users can start a SIP for as little as Rs. 100 daily or invest in bitcoin and other cryptocurrencies. Additionally, the investment can be made each week or each month.

Why Should You Invest Via SIP In Cryptocurrency?

Mitigate volatility 

With the help of doing SIP in cryptocurrency, an investor frequently purchases specific measures of bitcoin consistently at different costs, permitting them to relieve the impacts of unpredictability. Even though SIPs can be utilized to put resources into digital forms of money, given the new unpredictability, it is exhorted that investors pick cryptos daily or weekly as opposed to monthly.

Pocket-friendly  

SIPs, whether in stocks, mutual funds, or digital money, have generally demonstrated to be unquestionably savvy ways of aggregating riches. Contingent upon their inclinations, investors can start their speculation experience with just Rs.75-100 every day and can decide to contribute daily, weekly, or monthly.

Auto investments 

At the point when a SIP plan is set up, a foreordained total is naturally deducted from an individual’s record at the fundamental spans. Alongside decreasing unpredictability, this technique likewise makes it pointless to think about each buy before making it. To inactively foster areas of strength for a portfolio, one can likewise set up many SIPs across different digital currencies.

Leveraging the power of compounding 

Compounding can serve to decrease cryptocurrency instability effectively. One can reinvest their benefits through SIP as well as make customary speculations to create financial momentum. In this situation, one can profit from the prizes delivered by the drawn-out security of ventures by using the force of compounding.

Disciplined investing 

SIP can uphold the improvement of a normal saving propensity by empowering restrained, predictable financial planning. The SIP portion is consequently removed from one’s record every month when the compensation presents on the record when a monthly auto-charge plan is set up, similar to EMI instalments. These assists produce automated revenue that can be put toward new speculations.

Things to consider while doing sip in cryptocurrency?

SIPs, or systematic investment plans, are popular ways to invest in cryptocurrencies (SIPs). These investments often guarantee long-term wealth building every month. There are a few fundamental factors to keep in mind.

Do not expect returns in the short run

SIPs are not meant to be immediately gratifying. SIPs make the power of compounding work in your favour over the long term. The minimum time frame you must consider for a SIP must be between 8 and 10 years. You might be let down if you try a three-year SIP because the cycles might not be in your favour. Rupee cost averaging benefits you more to lower costs and increase profits the longer your SIP continues.

Assign specific goals

SIPs function best when they are linked to specific objectives. Long-term, medium-term, and short-term goals are all possible. This makes it easier for you to keep track of your dreams when you reach milestones and decide whether to rebalance your plans as needed. You can link several SIPs to a single goal or only one SIP for many purposes. That’s okay. Every SIP investment must have a clear target objective, budget, and date.

Be selective of the crypto pools

If you want to choose crypto pools for your SIP, you need a strict framework. Here are some helpful hints. Examine the pool’s prior performance. This assures you that the collections will be around for a long time. Talk to the team to better understand how they came up with the pools. That indicates a shaky approach to investing. Previous results do matter. Focus on the consistency of returns rather than the absolute returns.

Follow static SIP amounts and don’t try to time the market

Investors frequently inquire whether they should boost their SIP contributions during a market correction and decrease them during an upturn. In the end, it is not only challenging, but it also doesn’t add anything. You may increase your allocation and see the market decline even further, but keep in mind that nobody has ever been able to predict the market’s tops and bottoms. After all, the whole point of crypto SIP is to put time instead of timing at the forefront.

Although sips are beneficial there you should be aware of things you should not be doing while sip in cryptocurrency that will minimize your overall returns.

How Much Return Can You Expect From Investing In Crypto SIP?

You must target wise investments in reputable crypto pools of the diverse, large-cap, diversified sector and mid and small-cap cryptos. Cryptocurrency baskets by Mudrex are best suited for investors with a low to high-risk tolerance and a five-year minimum investment horizon.

Even though there are no guarantees of returns in crypto pools, you can anticipate an annual XIRR return of 12.50 and 15% over a five-year investment horizon. As a result, for a cumulative investment of Rs. 4.20 lakhs over five years, you can anticipate earning Rs. 5.85 lakhs (based on a 12.50% return), Rs. 6.01 lakhs (based on a 12.50% return), and Rs. 6.27 lakhs (based on a 15% return) (Rs. 5000 x 60 month).

Frequently Asked Questions

What is TDS in crypto SIP?

Numerous tax regulations are currently causing the Indian bitcoin business to struggle. First of all, cryptocurrencies have been subject to a 30% tax rate since the beginning of April and an additional 1% TDS since July 1st. But in massive relief for cryptocurrency investors, they can do so through a Systematic Investment Plan without paying any tax deducted at source (TDS) on their investment (SIP). 

What is the best time to invest in SIP in India?

Risk and cryptocurrency pools go hand in hand. SIPs spread the risk over time, reducing the risk potential. Therefore, the ideal moment to begin SIP is when you want to invest in a lower-risk product.

What is the best fundamentally strong cryptocurrency for SIP?

According to market capitalisation, user base, and popularity, Bitcoin is India’s most popular and fundamentally sound cryptocurrency for SIPs.

Final Takeaway

In a volatile market, donig SIP in cryptocurrencies has the potential to give you greater risk-adjusted returns. Despite a few drawbacks, the benefits outweigh the disadvantages. You may build a diverse portfolio using this method of investing, which is disciplined. Try SIP in crypto right away if you want to make your portfolio diversified and better. 

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