Market Updates

Biochem and Gujrat Government Signed MOU for Biorefinery Construction
February, 2019

The US based firm BioChem and the Gujrat government signed a Memorandum of understanding to construct biorefinery in Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) Gujrat and an ethanol to ethylene plant near Vadodara.As per the MOU the biorefinery set up by BioChem will produce ethanol derived from plant based raw materials such as, corn. The refinery is expected to process 10 lakh tons of corn and around 3 lakh tons of biomass yearly to bio-jet fuel, bio-ethanol and protein feed for animal. The pro [...]

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AIOps: A System Detection and Prevention Technology
February, 2019

AIOps technology uses technologies including machine learning and big data to provide predictive insights and automates remedial solutions for the issues detected. Increasing implementation of systems to automate processes, increases the chances of failure and leads to downtime resulting in business loss. Therefore, organisations are implementing this technology to identify issues in advance and take probable action to prevent incidents, resulting in reduced downtime including outages. Additionally, implementation of hybrid architecture, poses [...]

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Alliance to End Plastic Waste - New Link in Circular Economy
January, 2019

21st January was extra special for global green initiatives when CEOs from more than 25 global level companies came together to launch new Alliance to End Plastic Waste. The alliance boasted participation not only from the consumer companies, but also many chemical sector companies including Chevron Philips, Formosa Plastics, ExxonMobil, Dow Chemical Company, Reliance Industries, Shell among many others. There are some concerns by social organizations wherein they are targeting the involvement of chemical companies’ [...]

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Conversational CRM - Next-Gen Customer Relationship Management Strategy
January, 2019

“Integration of artificial intelligence (AI) with customer relationship management (CRM) tools provides cognitive capabilities to systems that helps in developing enhanced CRM strategies to improve business relationships”Customer relationship management enables organisations to develop strategies based on their interaction with customers or potential customers to streamline their processes and increase profitability.Importance of CR [...]

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Advanced Solutions for Combating Advanced Persistent Threats (APT)
January, 2019

As mentioned in the Previous Article, combating APT’s requires 3 major steps which includes monitoring, applying data security analytics, and perimeter security. There are various solutions available which utilizes the power of AI, ML and analytics for achieving these objectives.End-user organizations and IT teams should equip themselves with the following solutions/appliances/services to better protect their networ [...]

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Rise of Electric Aviation
January, 2019

While Electric Automobiles are witnessing an increasing growth with core vendors like Tesla driving the growth and automobile giants like Volkswagen and GM entering the field, electric aviation was something which was held back owing to several reasons. With many major innovations and changes in electric engines, electric aviation is expected to become more relevant, especially for small aeroplanes. Some of the major R&D activities are listed below.Airbus &l [...]

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Bristol-Myers-Celgene Acquisition - Creating a New Bio-Pharma Leader
January, 2019

Bristol-Myers Squibb Company entered a merger agreement with Celgene Corporation with an equity cost of nearly $74 billion. This deal is anticipated to create a leading biopharma establishment, with a capability to address the patient’s needs with cancer, cardiovascular disorders, inflammatory and immunologic disease. With corresponding areas of emphasis, the joint company will function through global range, continuing the swiftness and agility as a core strategy of the company.

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Connectivity in Healthcare
January, 2019

New Technologies: Solving Problems or Raising ChallengesThere have been a number of significant breakthroughs in medical science in the recent past - from ground-breaking surgeries to the latest biomedical technology. Artificial intelligence, IoT, cybersecurity, disaster preparedness and the real-world patient experience are some of the prime trends.PATIENT DATA MANAGEMENTAlmost half of the healthcare vendors are expe [...]

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Growth of 5G in Inflight Connectivity
January, 2019

“Adoption of 5G in flights is expected to increase the revenue opportunities for online media content providers and telecom companies”5G, the fifth generation of cellular mobile communication, has witnessed an increase in adoption during the end of 2018. The technology is expected to be in wide use by the first half of 2019 in a few developed countries across the world. Many telecom giants like Sprint, Verizon and AT&T have started to roll out 5G, mainly in e [...]

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Portable Device to Diagnose Ebola in low Resource Setting
January, 2019

Hemorrhagic fever outbreaks such as Ebola are very difficult to detect and control because of lack of low-cost, easily deployable diagnostics and also initial clinical symptoms such as high fever, vomiting, diarrhea, abdominal pain is similar to other endemic diseases such as malaria which is a mosquito-borne blood infection that’s endemic in regions where the incidence of Ebola is also high. According to Dr. John Connor, associate professor of microbiology and researcher at Boston University, “For public health officials working in [...]

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