The SIX SIGMA Quality Standards is basically a statistical method that enables a company to ascertain the quality of its products, services and processes. Using this, companies are able to know exactly where they are, where they should be heading and what they should do to get there.

SIX SIGMA is a competitive business strategy. It helps corporates to draw a comparison with other similar or dissimilar products\ services. Thus it gives companies a competitive edge; product quality improves and costs drop.

SIX SIGMA is based on reducing errors – from manufacturing to filling out purchase order. Technically, SIX SIGMA means a failure rate of 3.4 parts per million. However, in practice the term implies, a whole culture of strategies, tools and statistical methodologies to improve the bottom line of companies. Corporates that use the SIX SIGMA can improve their bottom lines by $500,000-1,000,000.