Market Updates

MEMS Market
October, 2018

Micro-electromechanical systems MEMS is a process technology, used to create miniature integrated devices by integrating mechanical and electro-mechanical elements. MEMS devices/systems are equipped to convert a measured mechanical signal into an electrical signal and has ability to sense the mechanical/ thermal/magnetic functionality on the micro scale and produce effects on the macro scale. The MEMS devices electronics are fabricated using integrated circuit (IC) processing technologies and the micromechanical components are fabricated using [...]

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What is a Smart Bike?
October, 2018

Biking is a popular holiday sport in many European and North American countries and biking is used for everyday commuting in many Asian and African countries. The fast-changing technological environment among the consumer markets has resulted in the launch of plenty of innovations. Smart bike is also one among the innovations which initially was popularly adopted in the western world. The evolution of smart bike had taken place in 2005, with the emergence of vehicle-to-vehicle communication, increasing smartphone penetration, and harnessing int [...]

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Global Smart Biking Trends
October, 2018

Biking is a popular transit mode across developed countries in North America and Europe. Bike sharing vendors started operations in North America and Europe in 2013 and after little more than a year these services have received a higher adoption across the leading smart cities.Some of the trends to notice: Smart bike sharing companies across the globe have witnessed over 10 million rides per day in H1 2018. The dockless bike sharing has witnessed higher [...]

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Methanex Corporation Restarts Methanol Chile IV Plant
October, 2018

Methanex Corporation starts the production of methanol from its 0.8 million tonne Chile plant which was not in action from 2007. The Argentine Government permitted the export of natural gas from Argentina to Chile. And because of the Government permission, Methanex has started getting its supply from Argentina. It is expected that the current gas contracts will allow for a two-plant operation in Chile during the summer months and up to a maximum of 75% of a two-plant operation annually until mid-2020.As per John Floren, CEO [...]

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BSNL To Launch 5G Services Partnering Various Telecom Vendors
October, 2018

Overview The launch of 5G services in the Indian market has grabbed attention and the state-run telecom service provider is focusing on rolling out ultra-high speed 5G services. It has chalked out roadmaps to launch 5G from the start of 2020. While most of other telecom providers are looking to monetize their 4G services, BSNL is looking forward to capitalizing the 5G implementation. It is also believed the launch of 5G in India to take place at par with other foreign markets.

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Fusion Of RPA (Robotic Process Automation ) and AI
October, 2018

OverviewRPA (Robotic Process Automation) and AI are both evolving at a rapid pace as far as technology advancements are concerned. While AI has been disrupting the market for quite some time now, RPA is a relatively newer term known only over the last couple of years. While AI is expected to revolutionize the FinTech sector with better supervision, compliance adherence, security measures, RPA (Robotic Process Automation) is primarily targeted at the BPO sector to replace the outsourcing of many business fu [...]

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RPA ( Robotic Process Automation ) Adoption in India
October, 2018

OverviewRobotic Process Automation is believed to have been in existence for more than 7-8 years and it was there in India, before it spread to US and Japan market. However, most of these operations remained internal to organizations and gained momentum over the last couple of years. Organizations such as Blue Prism, Automation Anywhere and UiPath are gaining market presence with increased realization of enterprises on the benefits of RPA software.Major developments

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SCG, Dow Partner to Turn Recycled Plastics into Asphalt Roads
October, 2018

In Thailand to develop the first recycled plastic roads in industrial estate, big groups like The AMATA Corporation Public Company Limited, Chemicals Business, SCG and Dow Thailand Group have signed a memorandum of understanding (MoU). In Thailand, this is the first recycled plastics roads in industrial estate.The plan to develop roads includes AMATA Smart City Chonburi. It is a pilot project which will create new usage for plastic waste and advances a circular economy. This will provide opportunities to increase the sturdin [...]

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IFF acquires Frutarom
October, 2018

IFF finalised the acquisition of Frutarom. This acquisition is giving IFF greater aspirations as a leader in scent, taste and nutrition. The combination of IFF and Frutarom is anticipated to accelerate the financial performance. The Company is expected to generate an average sales growth of 5-7%, and 10% adjusted cash EPS growth by 2021. The operational targets, as well as financial targets, are anticipated to be reached. As per the CEO, the coming together of IFF and Frutarom is a big attainment. Leading forward as one company and looking out [...]

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Nearly 50% of The Depressed Individuals are Untreated
October, 2018

Half Of The Individuals Suffering With Depression Remain UntreatedDepression is a leading cause of disability globally, leading to increased rate of suicide. It is noted that nearly 16 million individuals in US are suffering from depression.  Many statisti [...]

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