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 [...]
IoT adoption in retail has been growing at a whopping 20% CAGR post-2015 and is expected to surpass $30 billion by 2024. The Internet of Things is spawning innovation by enveloping every consumer, object, and activity into the digital landscape. The growth of IoT-enabled capabilities across the board is largely driven by [...]
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 [...]
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 [...]
