Market Updates

Evonik signs to Buy PeroxyChem
November, 2018

Evonik a Germany based industry has signed an agreement to buy PeroxyChem based in US, who is a leader in manufacturing hydrogen peroxide (H2O2) and peracetic acid (PAA) for the speciality applications market. It is being bought by Evonik from an equity partners for $625 million.As per the Evonik’s chairman, this purchase will strengthen the resource efficiency growth segment. Also, the firm would be indulging in expanding their high growth and environmental friendly specialty applications.In fiscal [...]

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Effective Promotions and Price Optimization in Sports through Sports Analytics
November, 2018

OverviewSports Analytics Solutions have been disrupting the traditional intuitive and biased approach of various stakeholders within the sports industry, and it has increased several opportunities for stadium owners and sports organizations, with benefits such as improved players and team performances, increased sales and ROI through effective promotions and price optimization, improved fan experience and increase fan base to name a few.Effective promotions

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Improving Player and Team Performance through Analytics
November, 2018

OverviewSports has been a medium of entertainment for people across the world. Interestingly, Football continues to be the most followed sports globally in terms of viewership and popularity, followed by basketball. However, Sports Analytics has been encouraging viewership across diverse sporting events by providing enhanced experiences to fans and thereby enhancing the sporting competitiveness in several other sporting events globally.Roger Neilson, established the founding p [...]

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The Upcoming Technologies in Diagnostics
November, 2018

The range and ability of diagnostics tests is constantly evolving, helping to detect diseases earlier, in more detail, across the globe. Researchers from University of Texas recently developed an automated and biocompatible handheld sampling probe known as MasSpec Pen, that assists physicians detailed diagnostic information about the tissue that has to preserve or cut, helping advance treatment and decrease the probabilities of disease recurrence. The results provided an evidence that the MasSpec Pen is suited for rapid ex vivo and in vivo canc [...]

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Artificial Heart Valve
November, 2018

Prosthetic heart valve is also known as artificial heart valve that are implanted in the heart of an individual with cardiac vascular disease (valvular heart disease). Prosthetic valve is made of strong material such as carbon or titanium. There are three types of prosthetic heart valve: mechanical heart valve, transcatheter heart valve, and tissue or bio-prosthetic heart valve. Most of the individual are recommended the choice of prosthesis depending on their health condition.Prosthetic heart valve is implanted in individua [...]

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The Cell and Gene Therapies approved by US FDA
November, 2018

Gene Therapy is a biomedical research used for changing the development of several genetic and acquired ailments at a small level of the DNA/RNA. A total of 16 cell and gene therapy products are approved by US FDA. Fascinatingly, out of 16 products, eight products, which accounts for almost 50% of these are derived from umbilical cord blood and immunotherapies accounts for 20%, which includes three products.The total number of cell and gene therapy products permitted by the FDA are as follows:

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Amazon buys PillPack
November, 2018

In June 2018, Amazon announced the acquisition of PillPack, an online pharmacy. The value of the deal is estimated to be $1 billion. The move was the strongest indication yet of Amazon's intent to push further into the healthcare industry. Amazon, which has a market value of over $840 billion, surpassed Walmart in order to buy PillPack.This advent of online retailers' intent to enter the healthcare industry is expected to affect the sales of traditional retailers such as Walgreens Boots Alliance, CVS Health and Rite Aid, as [...]

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Blockchain Technology in Energy and Utilities
November, 2018

Several Organizations including large Software Solution providers and start-ups are at present creating Blockchain-based applications for the energy sector. In addition, energy and utility organizations (such as Daisee by Myne, Wuppertal Stadtwerke Energie & Wasser AG) are setting up blockchain-based activities too. These blockchain-based applications are intended to make an immediate association between the providers and consumer of energy. Blockchain innovation is likely to turn into the biggest disruptor for a further decentralizatio [...]

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General Data Protection Regulation (GDPR) Readiness
November, 2018

Non-compliance of General Data Protection Regulations (GDPR) can incur heavy penalties of up to €10 million or 2% of the company’s global annual turnover for violations listed in Article 83(4) of the GDPR act and up to €20 million or 4% of the company’s global annual turnover for breaches enumerated in Article 83(5) of the act. Thus, it is essential to evaluate the GDPR readiness of organizations especially operating within the EU region.Moreover, on a global perspective protecting personal data of cust [...]

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Governance, Risk Management and Compliance (GRC) Technology in Emerging Nations
November, 2018

Although there is awareness among businesses globally, about the value and benefits of a GRC program; nevertheless, even the digitally innate organizations, need to ensure the right degree of focus is put in understanding the evolving risk profile of the environment in which they operate. Moreover, there is a long way to go to enhance the GRC functional awareness and the realization of the significance of GRC technology requirement in an increasingly digital environment, especially among enterprises across emerging economies. According to surve [...]

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