Market Updates

Blockchain in Energy Management
December, 2018

Blockchain is a prominent form of sharing data, information and confirming business transactions happening across energy stakeholders. It's a distributed innovation technology that is shared among energy stakeholders on a chain of digital “blocks” along with a decentralized system. However, an energy management system is a framework utilized by resource administrators and managers of electric utility grids to better monitor, control and optimize energy performance. This energy management system is primarily used to reduce energy cos [...]

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Retail Robotics : In-Store Customer Services
December, 2018

Retailers are planning and testing robots in stores to enable shoppers to find merchandise they are looking for. For instance, home enhancement retailer Lowe's presented the LoweBot in 2016 at its stores in San Francisco and plans to extend the preliminaries in 2017 to stores in San Jose. LoweBot robots have been developed by Fellow Robots in collaboration with Lowe's. Retail robotics software is designed to automate and enhance sales operations processes by identifying and conversing with internet leads, and customers. It is expected that arti [...]

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IoT applications in logistics
December, 2018

The adoption of IoT for logistics has enhanced better supply chain management that helps several industries including manufacturing, retail, distribution, shipping, among others. Organizations are focused on delivery of products whilst maintaining the quality and reducing damages during shipping. Earlier ultra-wide-band (UWB) and infra-red technologies were used which added to significant infrastructure cost. With the usage of IoT it helps to monitor the conditions of storage for sensitive goods. The intelligent sensors with the help of connect [...]

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Bandwidth War of Telecom Operators in India
December, 2018

The data speed war has multiplied with tough competition from telecom operators. India is experiencing a phenomenal growth in data usage. In 2016, the best bandwidth for 4G internet i.e, 700 MHz was priced at a premium price. Telecom operators are competing over data services rather than voice calls. The telecom industry already witnessed few exit of telecom operators such as Videocon and Reliance Communications. Key componentsM& [...]

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ChemChina & Sinochem - Next Probables for Giant Merger
December, 2018

Since last few years, the market leaders in chemical industries have been merging or acquiring in mega-deals which are changing the industry dynamics. In the midst of mega deals in the US-based companies, the Chinese companies are moving towards giant merger. It has been rumored since last two years, that ChemChina and Sinochem are expected to merge to create a new company with financial assets worth more than $100 billion.Ning Gaoning, who is also known as Frank Ning in the western world, chairman of Sinochem group was name [...]

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ProChem & Greenwell Announce the Merger
December, 2018

Prochem Energy services which is based in United States has acquired Greenwell Energy Solutions’ specialty production chemical division. The merged division will operate under the name ProChem Energy Services. The merged business is anticipated to expand its geographical presence, its product portfolio, and also merge the customer base of both the firms. Owing to the in-house chemical manufacturing, laboratory and blending services the business will offer customized solutions for clients.As per the CEO and Founder of P [...]

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Crowd Analytics - To Save the Retail Stores
December, 2018

OverviewWorldwide retail stores are facing tough competition from e-commerce companies, as it is extremely challenging to evade their low pricing and customer-friendly options such as customized products and better customer engagement options offered through various digital platforms.How can retail stores surviveE-commerce companies lack the real touch and feel offered in retail stores. For the segments like perfumes, apparels, [...]

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Cybersecurity Threats in IoT
December, 2018

When construction companies deploy IoT solutions, companies which provides these solutions collect data from various sources and store it in their cloud network for processing.  This is a threat to the privacy and creates a risk of security breach in the cloud network. Most of the industries deploying IoT contain valuable information which, if breached, could result in serious reputation loss for the cloud provide [...]

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Evolution of IoT in construction industry
December, 2018

Construction industry is one of the industries where IoT and digitalization had sluggish growth. However, the industry is gaining attention among major IoT solution providers and is expected to witness increasing investments in IoT in the forecasted period. Many companies are focusing on areas such as GPS tracking, reduced machine hours and fuel consumption for IoT implementation.Things are expected to become more sophisticated during the forecast period with more emphasis on construction vehicle telematics and operational p [...]

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The Emerging Technologies to Watch in Cardiac Care
December, 2018

Cardiovascular disease (CVD) is a class of diseases that involve coronary artery diseases (CAD) such as angina and myocardial infarction. Cardiovascular diseases are the leading cause of death across the globe and they resulted in nearly 20 million in 2017, up from 12.3 million in 1990. Researchers are developing novel technologies to treat cardiovascular diseases better in the coming years.L [...]

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