With all the hysterical hype around NFTs (Non-Fungible Tokens) earlier this year, it has become easy for people to approach it. NFT is an incredible way to keep the digital assets you’re creating and control their supply. It can change the landscape of industries significantly by providing additional streams of revenue and cost-saving mechanisms. But …
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In today’s world, IoT has become an essential part of almost all industries. Right from smart bulbs present in an office environment to a network of industrial machines detecting quality control issues, IoT is present everywhere. There is a good possibility that regardless of your business, IoT devices can play a crucial role in accelerating …
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Post-Covid, due to acceleration in digitization, e-commerce has become beneficial to consumers. But the lack of safety measures concerned with online sales, legal compliance, and investigative agencies has made companies more vulnerable to counterfeiting and theft. There is an increase in the production of fake and counterfeit products due to a lack of anti-counterfeit measures. …
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While the rest of the world is going digital, the oil and gas industry appears to be lagging in some areas. According to Deloitte, the oil and gas industry ranks last on the Digital Maturity scale, with a score of 1.3 out of ten. Companies must consider changing how operations are carried out and managed …
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Fleet management has become one of the key inventions for businesses that operate fleets in the digital realm. GPS systems have changed the way fleets operate, resulting in increased productivity, driver safety, and security. Choosing the right telematics solutions will reshape your fleet management company’s future. The information that can be gathered is crucial to …
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Even though automation has been around for a long time, organizations have only recently begun to recognize its importance in the business world. According to Forrester’s report, The Sorry State of Digital Transformation in 2018, up to 22% of companies still lack process excellence and workflow automation. If businesses want to stay competitive, manual management …
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The E-Commerce industry has advanced considerably to where it is now in terms of technology and innovation. The domain has managed to grow manifold in giving consumers more than what they expected from the retail sector several years ago, from adopting omnichannel retail to including AR/VR and IoT technologies to improve their customers’ experience. However, …
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The Internet of Things (IoT) is a network of physically linked devices that can monitor, report on, communicate and exchange data. Data or Wi-Fi networks commonly connect IoT devices to computer systems. Sensors in IoT devices assess certain features of their surroundings, such as location, temperature, humidity, light levels, movement, handling, speed of movement, and …
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Blockchain technology has swept the globe. According to Transparency Market Research, the global blockchain technology market will be worth USD 20 billion by 2024. Blockchain hype has reached unprecedented levels worldwide, making it much easier to take notice of the potential advantages and weaknesses. Blockchain, regarded as one of the most disruptive technologies across industries, …
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Technology adoption in the field of life sciences has streamed ahead by leaps and bounds. The Life-science sector generates and operates with enormous data every day- like clinical trials, patient safety, drug supply chain, inventory management, recall management, etc. Therefore, the life-science sectors face an urgent need to progress technologically in order to keep pace …
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