Entries tagged with “develop”
Articles
44 articles found for develop:
- Retail in the Metaverse – Present and Future
The retail industry was the earliest adopter of the metaverse. The industry’s substantial investments in the AR/VR ecosystem helped attract a large number of users to virtual spaces. Strategies built around the metaverse will help retailers develop a more immersive and inclusive experience of online shopping.
- Innovating Healthcare with Self-balancing Tech
The emerging self-balancing technology has the potential to revolutionize healthcare. When integrated with healthcare, it could enhance patient care by providing stable platforms for medical equipment and healthcare providers. There is potential to develop self-balancing devices that could assist patients with limited mobility, improving their independence and quality of life. By minimizing stability, self-balancing technology has the power to elevate patient care, fostering a safer and more efficient healthcare ecosystem.
- Heat Wave: A Challenge for Power Sector
Heat Waves as an impact of climate change have created an existential crisis and countries across the world are struggling against it. It has led to increasing demand for electricity and the need for alternative energy sources. Heat waves are also affecting the power generation capacity of renewable energy sources as well as thermal power plants. How can countries work together to decelerate global warming and develop new technologies to overcome issues caused by climate change?
- Mexico – A Promising Sourcing Destination for US Procurement Organizations
With the global supply chain disruptions, countries are looking to develop strong supply base near to them. For the US, Mexico has emerged as a strong contender. Many drivers contribute to the country being a preferred option. The number of collaborations and trading transactions between the two countries rose in the past year, and this will only increase further. In this article, we discuss why sourcing from Mexico is an attractive option for large US organizations to procure key categories such as metal & electronics components, automotive parts, and other manufacturing products.
- Sustainability Trends in Agrochemicals
The global population surpassing eight billion has created a pressing need to enhance food production on existing arable land. This has resulted in increased use of agrochemicals to reduce crop loss and improve yields. However, excessive agrochemical usage has led to adverse effects such as soil fertility depletion, water stress, and pesticide resistance. To address these concerns, the industry is focusing on sustainable alternatives like Integrated Pest Management (IPM), biologicals, and genetic engineering. Thus, to promote ecological balance, the agricultural sector must adapt to sustainability trends and develop new chemistries while ensuring productivity enhancement.
- Gamification in Retail
Gamification has been used in online and offline (at store) formats of retail to attract, engage, and influence customer decision. It is used to promote products and create brand awareness through games and puzzles and engage retailers or shop owners by transforming the conventional marketing ideas into a game. Games are designed based on the product, and target audience interactions are tagged with prizes ranging from free coupons or vouchers to expensive cars. Retail industry can enhance the use of multidimensional gamification to derive maximum benefit and develop a loyal customer base by retaining existing clients and enticing new leads.
- 5G–MEC: Where Is the Opportunity and Who Will Rule This Space?
Integration of cloud-native 5G networks with multi-access edge computing (MEC) is expected to significantly benefit telcos and hyperscalers, with the latter steadily making inroads into the telecommunications industry. With growth in enterprise-wide adoption of 5G–MEC use cases, competition among telcos and hyperscalers is expected to intensify. A sound business strategy will depend on identifying the high-opportunity use cases and leveraging one's strengths to develop an effective go-to-market strategy. This article highlights some of the key aspects that telcos and hyperscalers will need to consider within this space.
- US Pet Food Industry on the Rise
Pet ownership increased during lockdown when people were confined to their homes. Pet humanization has led to owners treating pets as part of their family. Owners are increasingly concerned about their pets’ health and nutrition and are looking for high quality and nutrient-rich food products. Pet food manufactures have been quick to tap into this rising demand to develop organic, natural, and high nutrition products. According to the American Pet Products Association, pet food sales increased 19.3% year-on-year to USD123.6 billion in 2021. Large pet food and treat manufacturers are expanding their production lines to meet growing demand. The pet food industry has shown resilience during the recent economic downturn and is expected to grow further.
- Metaverse – The Future of EdTech and L&D
The metaverse is essentially a futuristic virtual universe that will impact every aspect of our lives. It is also expected to change the current education system, making it more interactive, interesting, and experiential. Education technology (EdTech) companies and learning and development (L&D) platforms are gearing up for the change the metaverse will bring forth. By removing physical barriers, the metaverse will likely ensure that all individuals, even in the least accessible parts of the world, may avail quality education.
- Capturing the Opportunity of Carbon Capture & Storage Technology in Petrochemicals
The growing need for environmental sustainability has impelled petrochemical companies worldwide to look for ways to reduce carbon emissions and reach net zero emissions by 2050. Industry leaders globally have been collaborating on exploring carbon capture and storage (CCS) technology as a means to significantly reduce carbon emissions from their petrochemical plants. As this technology is in a nascent stage, companies that make an early entry in developing and investing in CCS and related infrastructure would provide good investment opportunities, considering they would largely benefit as CCS technology gets adopted across the petrochemical industry.
- CRISPR Technology – An Emerging Solution in Healthcare
CRISPR technology has been gaining growing acceptance and popularity in the healthcare sector. Its varied applications in medical science has fostered innovations, with many startups entering the fray. However, CRISPR is a complex concept, and the technology is still at the nascent stage of development. Many new applications are under trials and await approval for launch. Moreover, the technology is marred with some underlying ethical issues. A strong regulatory framework will ensure the appropriate use of CRISPR.
- Recent Technological Innovation Turning Metaverse into a Reality
The metaverse is growing exponentially as various industries are showing interest in its potential. However, the virtual world must be comprehensive and authentic to entice users and be of use, which requires advanced software platforms and supportive hardware such as VR headsets, lenses, sensory gloves, and earphones. The metaverse can be totally immersive if it can engage maximum user senses and provide a holistic experience. Companies looking to foray into this space are investing in the development of smart platforms and innovative products as well as research on new platforms that add value to users. This article lists interesting hardware innovations that will enable metaverse into reality.
- Logistics 5.0: Difference with a Human Touch
The logistics industry is in the midst of a transformation with the integration of technologies and digital innovations in processes, which paves the way for Logistics 5.0, an extension of Industry 5.0. The goal is to digitalize the entire logistics process, making it simple and error-free, and thus creating a collaborative relationship between humans and machines. Will we now see a more productive and efficient logistics process?
- Captured Carbon Dioxide – A Valuable Resource
With climate change threatening the entire planet, it is essential to take decisive steps to stop environmental degradation. Governments across the globe are committed to reducing their carbon emission and invest in green energy, carbon capture (CC), and carbon capture and utilization (CCU). These technologies help modify captured carbon and reuse it, thereby reducing pollution and contributing to achieving net zero emission.
- Climate Tech Startups Saving the Planet
In the past few years, changing weather patterns and an increase in natural disasters became evident as the climate change impact intensified. With the global temperature increasing and ice mass melting, sea levels have risen, which will soon prove to be cataclysmic for the planet. Technology experts and modern entrepreneurs are devising innovative solutions to combat climate change, such as reducing carbon emissions, harnessing renewable energy, and creating sustainable solutions, thereby changing the way of life. Will they be able to reverse the negative effect of environmental degradation and reset the delicate ecological balance?
- Can GPT-4 Contribute to the Healthcare Industry Metamorphosis?
According to Accenture's projections, the implementation of AI applications can reduce annual healthcare costs by USD 150 billion in the US by 2026. AI Chatbots, which are gaining popularity, can do more than just chat. They can potentially combine language skills with image and video recognition. Consequently, the next generation of large language models (LLMs), such as GPT-4, trained in multiple modalities, can become versatile AI capable of performing various tasks. The year 2023 has already brought exciting developments in healthcare AI, and the future promises technological interventions that will revolutionize the healthcare and life sciences industries.
- Can ChatGPT Disrupt Financial Services?
Generative artificial intelligence (AI) tools, including ChatGPT, have led to increased adoption of AI in financial advisory and risk management. These tools have the potential to address issues related to operational inefficiencies, fraudulent activities, and the need for personalized services. However, it is important to recognize that ChatGPT has limitations, and human intelligence and judgment will continue to be crucial for decision-making.
- The Internet of Behavior: Shaping the Future of Data-Driven Insights
Today’s interconnected world has given companies access to an immense amount of data. This data can be used to predict human behavior, possible outcomes to a certain situation, general behavioral patterns, and design offerings accordingly. This process is called Internet of Behavior (IoB) and can be used in various fields such as marketing, healthcare, insurance, and even policy making.
- Metaverse Powered Supply Chain of Future
Companies are gearing up to integrate metaverse into their processes and systems. Supply chain management, one of the most important functions of an organization, would also see its effects. The metaverse would enable companies to predict market changes and identify supply chain-related risks before they occur. This would help in making smarter, better decisions and have a positive impact on profitability and sustainability.
- Deciphering the Complex Etiology of Type 1 Diabetes
Type 1 diabetes (T1D) is a complex autoimmune disease with a multifactorial etiology. Genetic predisposition, environmental triggers, and immune dysregulation contribute to the development of this chronic condition. Diagnoses involves a combination of clinical evaluation, laboratory tests, and medical history assessment. T1D impacts millions globally, with its incidence rising notably among African American and Hispanic youth populations. A variety of treatment options, including maintenance therapy, transplants, gene therapy, vaccines, antibodies, and combination therapies, are being explored to improve outcomes and quality of life for individuals with T1D.
- Friendshoring: Strategy to Reduce Supply Chain Dependency on China
Supply chains globally have barely recovered from the unprecedented challenges posed by the pandemic. The Russia–Ukraine war has added to the woes of already fragile supply chains. The only silver lining is that companies realize the perils of relying on a select few countries for manufacturing, raw materials, and components. For decades, companies have followed strategies such as offshoring, nearshoring, and outsourcing business operations to low-cost countries. However, recent events accelerated the movement to safeguard supply chains and move away from depending entirely on countries like China. One such concept that could be a game-changer for global trade order is “Friendshoring.”
- CRISPR Therapeutics – Transforming Healthcare
CRISPR technology has been gaining prominence as a realistic treatment option for genetic diseases. Major recent licensing activity is seen from pharmaceutical companies that are also investing in startups in this domain. While technology could revolutionize healthcare, especially for genetic diseases, it has its shortcomings and research is ongoing to address them for wider adoption of CRISPR.
- Hormonal Imbalance – Need for New-Age Detection Devices
Hormonal imbalance can cause various health issues and diseases in women and children. It can also lead to abnormal growth in children. Hence, it is imperative that an imbalance is detected early on and treated. Earlier, the best way to detect this imbalance was either through a blood test or an ultrasound, and the results were not too reliable. With the advancement of technology, new non-invasive methods introduced in the market give accurate results within minutes. Moreover, various new methods are being tested for different hormones.
- Impact of Biosimilars on Treatment Landscape in US and EU
Rising healthcare costs vis-à-vis the expanding population and lifestyle-related diseases are some of the key areas of concern across the globe. Governments and the healthcare industry, in particular, have been exploring avenues to address these challenges while offering affordable healthcare services. Digital health users opted for online prescriptions and virtual consulting during the pandemic for faster transformation of the health care delivery. However, advances such as development of biosimilars are a key step toward addressing the concerns of the escalating cost of healthcare and patients' access to critical medicines.
- Exploring the Complexities of Hair Loss: Insights into Causes and Research Trends
Hair loss is a pervasive worldwide concern. It can be caused due to various conditions such as androgenetic alopecia, alopecia areata, and telogen effluvium. The past decade has witnessed extensive research efforts dedicated to understanding the intricate factors that cause hair loss, delving into internal and external elements, alongside the impact of signaling pathways in varying manifestations of hair loss. While some studies have explored genetic predisposition associated with androgenetic alopecia, others have researched the role of hormonal imbalance linked to conditions such as polycystic ovary syndrome (PCOS) and thyroid disorders.
- Could Generative AI Aid in Reinforcing Cybersecurity?
Generative AI has emerged as a valuable tool for bolstering defenses against ever-advancing threats. Prominent companies have embraced this technology to enhance their security measures. Leveraging the power of artificial intelligence and machine learning, generative AI systems are capable of analyzing vast amounts of data, identifying patterns, and predicting potential cyberattacks. By adopting this technology, organizations are empowered to stay one step ahead of cybercriminals, minimizing risks and protecting sensitive data.
- Gamification in Healthcare
Gamification is gaining importance as an interesting way to interact with customers, keep them engaged with brands, personalize offerings, and collect relevant data in the process. The healthcare industry has recognized the value of incorporating rewards and recognition to entice patients to participate in a health regimen. There has been an influx of fitness apps and devices using gamification in novel ways to attract and retain users. Some companies have done this successfully and reaped its benefits.
- Suryodaya Scheme Opportunities and Impact on Various Sectors
The government’s decision to install 100 million solar plants in Indian households would significantly boost the energy sector. This aligns with the Indian government’s global aspiration of “One Sun, One World, One Grid,” an initiative proposed to connect the electrical grids of various countries, powered by solar energy.
- Climate Change – A Threat to Human Health
Climate change is causing various adverse effects on human health, including the increased frequency and severity of extreme weather events, degradation of air quality, and spread of insect-borne diseases. Adaptation measures such as improving infrastructure to withstand adverse weather and providing adequate healthcare services in areas most vulnerable to climate change effects could help mitigate its negative impact.
- 3D Printing in Dentistry: Challenges and Solutions
3D printing in dentistry is seeing increased adoption due to its many advantages, but certain associated challenges hinder the wide-scale implementation of the technology. However, solutions are being developed to overcome these challenges and enable 3D to transform dentistry and help people get a beautiful smile.
- Gearing up for the Next Wave of AI in Pharmaceutical Industry – From Cost-based to Value-based models
Artificial intelligence (AI) is reshaping business operations in the health industry. Amid the ever-evolving AI infrastructure, growth in tech-savvy patients and availability of big data, the industry is set to make a transition from using AI for controlling costs to utilizing it for improving patient care. The AI in healthcare market is estimated to reach $6.6Bn in 2021 from $600Mn in 2014, recording a CAGR of 40%; in the five years subsequent to 2021, the market is estimated to grow by more than 10 times.1 In this article, we provide insights on the applications of AI in patient-centric models for improving patient care, from diagnosis to post-treatment care.
- Millets – The New Super Crop
Millets, often referred to as "food grains of the poor," are grown and consumed worldwide. Currently, there is a renewed interest in millets due to their numerous health benefits, low environmental impact, and adaptability to diverse growing conditions. In fact, the United Nations declared 2023 as the “International Year of Millets”, highlighting the importance of these crops for food security and sustainable development. This is expected to increase the demand for millets globally and create new opportunities for farmers and entrepreneurs in the millet value chain.
- Agile Procurement – Need of the Hour
With intensifying competitive dynamics, businesses need to be able to adapt quickly and efficiently to changing customer demands, technological advancements, and environmental and geopolitical factors. Traditional procurement methods, which are often rigid, bureaucratic, and slow, may hinder the ability of organizations to ensure a smooth flow of supply chain operations. Agile practices can help companies achieve better procurement outcome
- Private Label Retail in F&B – A New Paradigm in Consumer Choice
Private label retail, also known as store brand or own brand, posted remarkable growth in recent years globally. Retail giants, such as Walmart and Target, played a significant role in driving this surge, revolutionizing the way consumers perceive and engage with private label products, especially in the Food and Beverage(F&B) segment. While it can help increase the profit margin of retail stores, it comes with a set of challenges.
- Thematic Investing on the Rise
Disruptive technology is constantly reshaping the world. Despite the pandemic-induced lockdown, seamless internet connectivity enabled access to a virtual world where we could work, shop, and even meet people. Due to mobility restriction, labor shortage, and supply chain disruption, manufacturers have turned to robotics. Breakthrough treatments and medical advances in healthcare have helped combat the pandemic crisis. Climate change has shed light on vehicle electrification and the shift to renewable energy. Consequently, technological advancements such as AI, machine learning, blockchain, robotics, and data analytics are gaining popularity. The benefits of these disruptions, or rather “trends” and “themes,” are manifold. These trends are increasingly changing the way investors manage their portfolios.
- Applications of Nanotechnology in Diagnostic Testing
Nanotechnology, the manipulation of matter on an atomic and molecular scale, has emerged as a revolutionary field with diverse applications across various industries, including healthcare. In the realm of diagnostics, nanotechnology offers promising advancements, from early disease detection to point-of-care testing and personalized therapeutics, that hold the potential to radically transform how diseases are detected and monitored.
- CAR T-Cell Therapy – Revolutionizing Medical Science
Chimeric antigen receptor (CAR) T-cell therapy has come to fore as a breakthrough in cancer treatment, specifically for blood cancer. Several companies have invested in it and many treatments have already received FDA approval. Although there are certain limitations to this therapy, they can be overcome via research. The CAR T-cell therapy can not only become a revolutionary treatment for cancer but also cure autoimmune diseases and viral infections.
- Shifting Tides: The Silent Rise of De-Dollarization
The US dollar has been the world's dominant reserve currency for decades, with countries around the globe holding large amounts of it to facilitate international trade and investments. However, the trend toward de-dollarization has been growing recently, as countries seek to curtail their dependence on the US dollar and diversify their reserve holdings. Will the dollar be replaced as the global currency?
- Latest Trends in Regenerative Medicine
Healthcare and medicine are in a constant state of evolution. Innovative technologies such as regenerative medicine are bringing about a paradigm shift in the healthcare industry. While the segment does raise some moral questions, it is witnessing huge capital infusion from pharmaceutical companies. Despite the major challenges associated with regenerative medicine, industry trends indicate that it is poised for growth.
- PFAS Sourcing Challenges – Alternatives on the Rise
Per- and polyfluoroalkyl substances (PFAS), widely used for their unique properties, face heightened scrutiny due to health and environmental concerns. Their persistence in the environment and links to adverse health effects have led to regulatory actions globally. Industries such as food packaging, coatings and paints, chemicals, cosmetics and personal care, and electronics using PFAS are recommended to adopt safer alternatives, stay up to date on regulations, and follow responsible management practices. Proactive measures can mitigate the environmental impact, safeguard public health, and ensure business sustainability amid increasing PFAS challenges.
- Cell and Gene Therapy – The Next Frontier in Lifesciences
In this era of rapid scientific and technological advancements, we are at the precipice of a healthcare revolution. Cell and Gene therapy (CGT), pioneering treatments that leverage our own biology, are poised to challenge traditional healthcare frameworks. CGT has been witnessing an expanding total addressable market and is expected to grow exponentially. However, the potential gains are not merely financial. Investments in this growing field also help propel the momentum of scientific and medical progress, funding vital research that brings us closer to a more efficient, personalized, and holistic healthcare future. This article attempts to present the current and future landscape of CGT, with a focus on the clinical pipeline evolution, strategic collaborations, and financing and investment environment globally.
- NFTs in Gaming - Where Passion Meets Business
The gaming industry has risen exponentially over the past few decades. From playing Pac-Man on a 4-feet tall arcade in late-1900s to enjoying 8-bit superhits such as Mario on smaller consoles and immersing in DVD-based action games, for instance, League of Legends, gaming has flourished over time. The Internet revolution accelerated the industry’s growth from a few billion to hundreds of billions of dollars at present. NFT is the new sensation in the gaming business. Supported by crypto capabilities, NFTs are set to boost growth of the gaming industry.
- Forging a Sustainable Future: A Look at Steel Companies' ESG Initiatives
In 2022, worldwide production of crude steel totaled 1,885.02 million metric tons (mmt), and demand for steel is anticipated to increase significantly to meet future requirements. However, the steel industry is a major contributor to global greenhouse gas (GHG) emissions due to its reliance on fossil fuels and energy-intensive production processes. Currently, the industry accounts for approximately 8% of the global final energy demand and 7% of the energy sector’s CO2 emissions. Hence, there is pressure on the industry to reduce its carbon footprint. Consequently, it has been exploring various strategies, such as using renewable energy sources, adopting more efficient production methods, and implementing carbon capture and storage technologies to mitigate the environmental impact.
- Revamping R&D Strategies as Per the New Normal
While countries struggle with macroeconomic issues and geopolitical tension, companies need to revamp themselves to maintain business continuity. Businesses are already fighting to survive, with pressure from economic downturn, global inflation, supply chain disruptions due to war situations, and climate changes. Is there a game plan that can help them not only ride out this tough time but also thrive?
Blogs
1 blog posts found for develop:
- Virtual Healthcare – Relevance Post the Pandemic
The pandemic brought fore the need for and importance of virtual care. Apart from eliminating distance, virtual health can support in-person care as part of an integrated healthcare strategy. It addresses underserved and under resourced patient populations. By enhancing accessibility, convenience, and the experience of receiving and providing treatment, it has the potential to be advantageous for both patients and doctors. But will it continue to see robust growth post the pandemic?
Special Reports
2 special reports found for develop:
- Amalgamation of AI in Pharmaceutical Drug Development
Artificial intelligence (AI) is revolutionizing the pharmaceutical industry by helping to accelerate drug discovery, improve manufacturing processes, and personalize patient care. AI-powered tools can analyze vast amounts of data to identify new drug targets, design more effective molecules, and predict the safety and efficacy of potential treatments. As AI continues to mature, it is poised to play an even greater role in the pharmaceutical industry, helping to develop new drugs and improve patient outcomes faster and more efficiently than ever before.
- M&A in Aerospace and Defense | Q3 2023
The aerospace and defense (A&D) industry is highly competitive, with a limited number of major players. Consequently, mergers and acquisitions (M&A) activity in the sector is low, but when deals happen, they are often large and transformative. Recently, there has been a trend toward consolidation in the A&D sector, as companies look to gain scale and market share. This has been driven by several factors, including the rising cost of developing new technologies, the increasing complexity of defense programs, and the growing importance of global supply chains. M&A activity in the A&D sector is expected to remain strong in 2024, as companies look to consolidate their positions and gain access to new technologies and markets. Due to increasing importance of artificial intelligence and other emerging technologies in A&D, companies are looking for targets with expertise in these technologies to develop new products and services and improve their operational efficiency. Overall, the outlook for M&A in the A&D sector in 2024 is positive, as it can be a powerful tool for companies to achieve their strategic goals.