To keep up with the needs of consumers and shippers, the cold supply chain sector is constantly evolving. The suppliers of cold chain products had to acclimatize to the changing needs as people changed their consumption patterns. According to a report published on Allied Market Research, “The global cold chain logistics market is very vast, [...]
COVID-19 has brought the whole world in the eye of the storm and the impact it has had on our society and economy is unprecedented. It has driven enterprises to rethink the way they operate and work. According to McKinsey, “Before the COVID-19 outbreak, 92 percent of companies had been considering digital transformation [...]
Internet of Things, a term coined back in 1999 and a technology conceptualized back in the ‘70s, have now become one of the most prominent technology trends of the 21st century. If we look at the last three decades, the IoT development, adoption, and application have been underwhelming. But, as [...]
We can talk about the data-driven future all that we want. We can imagine a world led by smart machines that delve on insights derived from data. But, we would be stranded in the nowhere’s land if there is not sufficient data. Internet of Things or IoT is offering the means of generating [...]
There are a number of things that have changed – things that demarcate this world into pre-COVID and post-COVID. Technology is one of them. The outbreak has changed how people perceive technology and how much penetration of technology they want in their lives. People who were scared of trying autonomous vehicles and driverless [...]
McKinsey Global Institute research states that IoT can have an economic impact of $6.2 Trillion by 2025. According to Cisco, the economic value added by the “Internet of Everything” will be close to $19 trillion by 2020. The strong wave of technology is creating the unstoppable momentum for Internet of Things (IoT) that is [...]
Primarily used in military operations, drones have been around since as early as 1910s. Realizing the potential of drones in the commercial sector, Federal Aviation Administration (FAA) started releasing permits in 2006 for non-military applications. This window of opportunity opened by FAA has gushed in an overwhelming wave of [...]
Advancements in the field of Artificial Intelligence, Robotics, and Internet of Things are driving us to a future dominated by such state-of-the-art technology. Analyzing the rate at which these next-generations technologies are taking over our daily lives, Gartner predicted that by 2020, about 20.4 Billion “Connected Things” will be [...]
Healthcare and Lifesciences industry is metamorphosizing into an evolved, digitally-advanced, technology-driven, consumer-centric sector. As against the existing uptightness toward digital adoption, the industry is burgeoning with innovative solutions for delivering enhanced care to the patients. Coming out of its shell and dissolving the silos, healthcare sector is openly and [...]
In simpler, internet-less times, looting banks required physical presence of masked, gun-bearing robbers. If banks were proactive enough, they could take down the robbers and prevent the loot with tight security force or hamper an ongoing robbery by calling in additional help. Nowadays, with internet practically ruling our lives, robbing [...]
