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Showing posts from May, 2021

NANOTECHNOLOGY IN HEALTHCARE: FUTURE OPPORTUNITIES AND RISKS INVOLVED

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  “Nanoscience and Nanotechnology have seen exponential growth in research and applications in recent years. There is growing hope that nanotechnology, when applied to medicine, will lead to major advancements in disease detection and treatment. Drug delivery, diagnostics, cell therapy, and the manufacture of biocompatible materials are all expected applications in medicine. The front pages of scientific top journals are made up of examples and dreams. But when will we be able to master its capacity and the associated risks so that the patient will begin to benefit?” Nanotechnology is concerned with the manipulation and fabrication of materials from the ground up. We are increasingly becoming capable of constructing highly organized molecules with very specific properties using concepts that often imitate natural processes. Nanotechnology is fascinating because it combines physics, biology, and chemistry, and it necessitates open minds from researchers and technology developers in this

MEDICAL DELIVERY DRONES: GROWING ADOPTION AND CHANGING LANDSCAPE OF HEALTHCARE DELIVERY

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  “Drones are being used to combat the coronavirus in a variety of ways. Any of these applications are very dubious. Others are more important, such as the use of delivery drones. However, the use of cargo drones in the event of a pandemic should be questioned. Being more important does not automatically imply that all cargo drone ventures would have a positive effect.” The current health-care system in the United States is a jumble of disparate elements (health plans, hospital systems, pharmaceutical companies, medical device manufacturers). We anticipate that by 2040, the patient will be at the forefront of the health-care paradigm. Interoperable, always-on data will encourage closer collaboration among industry stakeholders, and incumbents and new entrants will deliver new service combinations (disruptors). Interventions and therapies would almost certainly be more effective, less complicated, less invasive, and less expensive. Health can be described holistically as a state of comp

EASE OF DOING BUSINESS INDEX (EODB): INDIA'S 63RD POSITION SIGNALS AN INVESTMENT FRIENDLY BUSINESS CLIMATE

  “Ease of Doing Business is one method for assessing the quality and efficiency of regulatory practises. It assesses the procedures for starting a business, obtaining a building permit, obtaining an electricity connection, relocating property, obtaining credit, protecting minority investors, paying taxes, engaging in international trade, imposing contracts, and resolving bankruptcy (The World Bank Group, 2019). Earlier studies on market regulation concentrated on its effect on foreign direct investment and the economy, or evaluated it as a method for deciding where to invest.” The History of the Ease of Doing Business Ranking The World Bank Group's Doing Business Survey is based on various government regulations that act as impediments to starting and operating a business in the country. For several years, the World Bank has published the ‘Ease of Doing Business Report.' In September 2003, the first report was completed. The first Ease of Doing Business Ranking report included

HOW AI AND ML ARE REVOLUTIONIZING THE EDTECH INDUSTRY?

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  “AI and ML (Artificial Intelligence, Machine Learning) are creating havoc in several fields and industries, including education. The global AI in the education market will reach $5.80 billion by 2025 at a CAGR of ~45%.” EdTech has emerged as one of the most important sectors right now, thanks to rapid digitization and the use of technology. The phenomenal growth of this industry has attracted vast amounts of investment and funding from all over the world. Although many people continue to question the use of technology from a young age and the effects it can have on children, the sector continues to expand at a steady rate. Artificial intelligence and machine learning have proven to be extremely useful in this area. Artificial intelligence (AI) and machine learning (ML) are increasingly changing the face of education and altering educational technologies and institutions. The future of education is changing, and in a few years, things will look entirely different. Ed-tech is increasin

GLOBAL VACCINATION: HOW THE EVOLVING HEALTHCARE INFRASTRUCTURE IS SUPPORTING THE FIGHT AGAINST PANDEMIC

  COVID-19 (coronavirus) vaccines have started becoming accessible in most countries and are probably a severe product in fighting the pandemic in 2021. Several vaccines are already in the development trails or phase three trials that have reported promising data in the initial phase, with some receiving authorization for use. Now the focus is expected to shift to how quickly and successfully vaccines can be supplied and distributed, an effort that will be the largest simultaneous global public-health initiative ever undertaken. The challenge's scale is enormous: from the sheer volume of doses wanted to plan for uncertainties around the vaccines' efficacy, safety, and durability — and from logistical and storage challenges to the service-delivery model. Governments from around the globe are likely to mount communication and education campaigns to meet the consumer's concerns about vaccine safety. Especially, underserved populations excessively affected by COVID-19, includin

SPECIALTY FERTILIZERS: ADOPTION OF PRECISION FARMING DRIVING THE GROWTH

  Specialty Fertilizers have small particles that help to prevent moisture and support from discharging the nutrients into the crops, which helps in the optimistic growth of the crop. The specialty fertilizers' primary focus is nitrogen, phosphorus, and potassium, applied in generally enormous sums. There are 12 fundamental manure supplements needed to expand crop yield and quality and improve a harvest's capacity to utilize the essential supplements productively. Numerous forte items contain a portion of the auxiliary supplements and micronutrients. Even though these are needed in moderately more modest amounts, they are fundamental for adjusted harvest nourishment, and expanding the pace of essential supplements alone won't build yield. Rising Adoption of Precision Farming Technique Over the past two decades, precision farming has effectively made the change from being an academic research point to a profoundly gainful practice in farming. Around 70-80% of the equipment p

SUPPLY CHAIN DISRUPTION IN CHEMICAL INDUSTRY

 The global chemical industry caters to nearly every goods-producing sector and accounts for an estimated USD 5.7 trillion, as per the International Council of Chemical Association (ICCA) report published in March 2019. According to the report, the chemical industry contributes to global Gross Domestic Product (GDP) through indirect, direct, and induced impacts, equivalent to 7% of the overall world's GDP, and supporting around 120 million jobs worldwide. It is offering materials and substances to sectors such as agriculture, automotive, construction, and nutrition. The chemicals market is currently transforming post-COVID-19 pandemic, so chemical companies need to adopt new technologies in their operating models, businesses, and processes. In the global chemical industry, the supply chain management will face new challenges and new opportunities. Therefore, it is critical to understand key developments in the chemicals market and the resulting impact on the individual supply c

AUTOMOTIVE TYRE INDUSTRY: RESTRATEGIZING DURING PANDEMIC

  Tyre manufacturing and its distribution or service shops around the globe have adjusted to a new way of business with safety precautions in the worksite and less foot traffic as efforts to stop the COVID-19 virus spread. In other words, the tyre industry is now characterized as a volatile one, being closely linked to the production of automobiles but also other factors such as raw materials, their availability, and their unstable prices. The companies currently present in the industry have financial and production challenges, but they struggle with the strong wave of new competitors from Asia, respectively China. This field's importance is outlined by this industry's objectives, the latest generation of technologies used, and the realization of the production processes of the car tyres. Thus, the new technology and innovation play an essential role in the entire automotive industry forcing the companies to rethink business models. READ MORE :-  https://www.pukkapartners.com/i

PROCUREMENT AND SUPPLY CHAIN TRANSFORMATION - INTEGRATION OF AI AND BLOCKCHAIN

  Procurement and supply chain are at the cusp of disruption with artificial intelligence (AI), the internet of things (IoT), and blockchain technology. A digital transformation is after promises greater efficiency in business operations, transparency, processes, and security. For instance, Walmart uses blockchain technology to trace food from farm to shelf, which has created a new trend in the food-tech world. Also, Netflix uses the AI-based big data concept to forecast the "House of Cards" success. Many chief procurement and supply chain management officers are already focused on gathering volumes of data generated through AI, IoT, big data, and social media available in the public domain. The biggest challenge for today's business is to identify and recognize the opportunity. Important pointers need to study to identify the next generation transformation for procurement and supply chain considering integrating AI and blockchain. Spend Analysis Spend analysis commonly i

ADOPTION OF NEXT-GEN TECHNOLOGIES IN RETAIL AND CONSUMER GOODS INDUSTRY

  Food Automation and Robotics The systematic implementation and incorporation of automation and robotic systems will significantly enhance food manufacturing efficiency during unsustainable economic pressures. Food manufacturing has evolved as a vastly complex process, where it covers preparing, cooking, sorting, packaging, and palletizing. To increase production at the facilities, industrial robots are widely adopted to save time, space, cleanliness, and safety.  In the food manufacturing units, the robots are usually used in the process of dispensing, feed placement, cutting, packaging, or casing of food, pick-and-placing products into sorting and containers. The advanced developments in food robots result in the remote order of food for picking and sorting to save employees' energy by automatically filling that specific order. Considering the food items' packaging, where consistency, speed, or repetitive productions are concerned, the   food robots   win over humans in oper

PRODUCTION LINKED INCENTIVE SCHEME - MAJOR BOOST TO LOCAL MANUFACTURING

  Considering the National Industrial Classification, there are 24 sub-categories in the Indian manufacturing sector. These categories comprise motor vehicles, beverages, textiles, chemicals, food products, electrical equipment, computer, furniture, and electronic products, among others. It is expected that India’s manufacturing sector is anticipated to show strong growth over the past few years. Moreover, the sector’s Gross Value Added (GVA) at current prices was estimated at US$ 397.14 billion in FY2020 with 0.3% Y-o-Y growth. In November 2020, the Indian government publicized the “Production Linked Incentive Scheme”, worth Rs. 145,980 crores (US$ 19.7 billion) incentives to attract companies to established manufacturing plants in the local market. The production linked incentive will be accessible to 10 sectors: automobile and automobile components, telecom, textiles, drug manufacturing, food, white goods like air conditioners and LEDs, advanced chemistry cell batteries, specialty s

NANOTECHNOLOGY IN INDUSTRIAL APPLICATIONS: AUTOMOTIVE AND CONSTRUCTION INDUSTRIES ARE THE BIGGEST GAINER

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  The scale of a nanometer is difficult to comprehend. A nanometre is one-billionth of a meter, or 1/80,000th of the diameter of a human hair, a million times smaller than the length of an insect, or the amount of hair that grows on a man’s beard in the time it takes him to raise a razor to his face. Yet, since matter behaves differently at that level, nanotechnology—the ability to manipulate matter at the nanoscale (roughly 1 to 100 nanometers)—is having a major effect on science, engineering, and technology. Nanotechnology is concerned with a wide range of materials and products that depend on changes in physical properties due to their small scale. The automotive industry, which absorbs a lot of material technology, is showing a lot of interest in this. Nanotechnology’s effect on society has been compared to the inventions of electricity and plastic. It has the potential to change almost all we use today. Nanotechnology has a wide variety of uses, from better golf clubs and stain-re

AUGMENTED REALITY AND VIRTUAL REALITY IN MANUFACTURING

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  What exactly is augmented reality? It's a type of technology that allows you to see the product in your immediate environment. It superimposes a computer-generated image over one's real-world view, resulting in a more enhanced version of reality. On the other hand, when one can put on a VR headset and be immersed in a truly immersive environment, interacting with it just like in the real world. Yes, it does sound futuristic. What's more, guess what? It's a fact; it's used in everything from entertainment and gaming to healthcare, education, and manufacturing. AR and VR innovations are quietly infiltrating the automotive and industrial sectors and are now taking over the market. It's becoming a powerful tool for the industry to use, with too many tiny parts and complicated assembly. Both large and small businesses have created demonstrations and proof-of-concept experiences to analyse the use of AR and VR, and they are now bullish on these technologies and thei