Pukka Partner

  “One of the most efficient ways utilities can stay afloat in the fast-changing utility industry is through virtualization. Simply put, companies can shift their resources to where they are needed most while not being constrained by physical limitations. Virtualization may sound like a fairy tale at this point, but it's actually more practical than you might think. Virtualization is taking hold across many industries, and for utility companies, it's one way to get ahead of the curve. With this shift in focus, utilities are able to provide more support for renewable energy initiatives while still keeping costs low for their customers. Let's say your utility company owns a lot of land that has traditionally been used for coal mines or oil drilling. You might be wondering how you can make use of that space without disrupting the natural resources on which you depend. One solution is to create a data center out of your unused property! This would allow you to take full advanta

  “Building-to-Grid is an emerging trend in which digitalization is playing a major role (B2G). However, the majority of the literature focuses on either the grid, demand, or technical aspects of B2G integration, leaving out an overview of B2G digitization and the parties involved. To close these gaps, this study presents a description of the B2G ecosystem and offers a six-point overview of the B2G ecosystem's digitization (B2G goals and themes, B2G technologies, B2G data sources and data management, and B2G related stakeholders).” Multiple divergent tendencies have the potential to change global power structures. Power providers must innovate and evolve to deal with the disruptions as electricity markets transform, technologies progress, industries converge, consumption patterns change, environmental concerns grow, and "prosumers" arise. The latest industrial revolution is digitalization, and it has the potential to be the most important transformation in the energy sect

  The COVID-19 epidemic is the world's most serious public health crisis in recent memory. It has resulted in a significant loss of human life and has impacted millions of people around the world. The epidemic, however, is far more than a health emergency; the economic and social dislocation it causes is genuinely devastating. It has had a significant impact on practically every industry area, including retail, automobiles, and utilities. The influence of the pandemic on electric utility operations is the subject of this article. We know from experience that utilities provide consistent revenues even when the economy is slowing. When the pandemic broke out in the first quarter of 2020, however, industrial activity was reduced, non-essential commercial activities were nearly halted, and all modes of transportation were put on pause. This has a tremendous impact on various aspects of the utility industry. Reduced demand, worker safety, and the need for digital transformation are all

  Did you know that more than 30% of TMT industry executives confirm that their company might cease to exist if they don’t undergo reinvention? But that’s not all! More than 50% believe that they need to shift to innovative business models. More than 25% think that businesses need new strengths but cannot find the “to-do’s” to create a priority list.  Many industry leaders believe that companies need to remain positive about making changes. However, with so many options available now, one doesn’t know where to begin. However, businesses can use the following drivers to bring about the change.  Operational excellence Innovation  Upskilling talent  These will allow businesses to work on the challenges they are facing now while decoding opportunities for long-term possibilities. The evolving digital landscapes drive companies to reevaluate their transformational goals to respond positively to the shifting customer demands.  At this point, it won’t be wrong to say that after the pandemic,

  With the coronavirus shocking the world with its existence, everyone had to switch to different means to combat the unprecedented changes. And luckily, we had our go-to options. And streaming services like Netflix, Amazon Prime, Hotstar, and many more. This gave the desired push to video technology. And it’s not slowing down anytime soon.  More than 80% of consumers owned an internet connected device. Also, more than 50% of adults were inclined towards video content. And this statistics is from the USA alone, imagine that globally the number will be in billions. Also, Bitmovin’s customer base saw an increase in video plays, time watching, and downloaded data during the coronavirus outbreak.  However, if you think TV experiences are limited to the video, technology, or streaming space alone, you are highly mistaken. The latest innovations are quite a blend of new and traditional creations, making it possible to deliver high-quality content with more customer friendly experiences.  Add

  “To meet changing business and market requirements, digital transformation is the process of employing digital technology to build new — or adapt current — business processes, culture, and consumer experiences. Digital transformation is the redesigning of business in the digital age.” It goes beyond standard sales, marketing, and customer service functions. Digital transformation, on the other hand, starts and ends with how you think about and interact with customers. With digital technology on our side, we have the opportunity to rethink how we do business — how we engage our customers — as we move from paper to spreadsheets to smart applications for managing our businesses. There's no need to set up your business processes and then transform them afterward for small enterprises that are just getting started. You can future-proof your company from the start. Stickies and handwritten ledgers aren't going to cut it in the twenty-first century. You'll be more adaptable, ver

  In more than a century, electrical transmission and distribution (T&D) have progressed step by step. The present usage of digital technology in the construction, maintenance, and monitoring of T&D lines opens up a lot of possibilities for building more cost-effective, efficient, and dependable lines. With the rise of numerous technologies such as Blockchain, Artificial Intelligence (AI), IoT, Big Data analytics, and others, we are also on the cusp of a shift in the digitalization of energy systems. Regulatory limits, policy changes, changing economics, technology, and consumer preferences are all constants in the power utility sector. To compete in this market, utilities must ensure continuous power supply through efficient load distribution and minimize downtime through timely repair. As a result, technological advancements like machine learning algorithms and artificial intelligence are rapidly infiltrating the power distribution industry. Battery storage and the internet o

  “Since autonomous vehicles provide considerable promise for enhancing safety, energy efficiency, and sustainable use, users may spend less time on road traffic and concentrate on other vehicle duties, while increasing productivity. It is particularly advantageous for the fleet owners of long-haul lorries in a highly competitive and low-margin sector. The possibility of disruptive changes is also present in highly automated vehicles, thus the crucial question is how the industry of third-party providers could be affected.” Business models and competitive strategies must develop to preserve a competitive advantage, and enterprises are likely to have to re-settle in the value chain. The idea of autonomous automobiles has been absorbing the imagination of multiple generations since the beginning of the 20th century. A widely used adoption is often represented in the field of science-fiction as a faraway vision or something expected only in future films. But the truth is that since the 19

  “Electric cars (EV), which will take on internal combustion motors vehicles, will earn more and more market share. The tube stations will be replaced, or integrated, with direct current (dc) rapid charging stations. Renewable energy such as solar and wind will be used to power it. In less than 15 minutes, the people will want to charge their EV's and not wait for a single charging stack in the queue.” The loading peak capacity of the grid locally is more than 1 MW in view of several loading stacks. In several spots, the grid can collapse or enormous investment is required to improve the transmission lines and power plants required for a significantly higher base burden. However, that load is impulsive and must be fused with renewable energy sources like solar and wind. This energy is intermittent. In 2020, the globe had ten million electric cars. It was a key year to electrify mass transit on the market. Electric vehicles accounted for 4.6% of the world's total vehicle sales.

  “One of the goals that countries throughout the world have set for 2050 is to decarbonize the planet. Decarbonizing the production of an element like hydrogen, resulting in green hydrogen, is one of the keys to achieving this, as hydrogen now accounts for more than 2% of total global CO2 emissions.” Green hydrogen is expected to be a key component of the energy transition. Green hydrogen now makes up less than 1% of total hydrogen production. However, during the next 20 years, global demand for green hydrogen and its applications is predicted to grow at an exponential rate, implying that this renewable energy source will play a key part in the energy revolution. Green hydrogen can be utilized for a variety of reasons, including fuel, industrial, and household. The opportunity of Integrated Hydrogen Production System The H2 supply chain can benefit from integrating H2 production within a large-scale industrial complex. There are numerous compromises in the industrial sector that can b

  The specialty chemicals business, like others, has spent the previous few months focusing on safety, operational risks, supply chain interruption, and meeting financial responsibilities. Chemical manufacturing continued during the epidemic due to the necessity of output. Regardless of the scenario, people needed to eat, drink, and bathe, therefore packaging played and will continue to play an important part in the months ahead. As a result, we expect COVID-19 to have a little impact on the packaging business. In the building industry, current market conditions are having long-term detrimental implications. Canceled and delayed projects, as well as decreased demand for non-essential projects such as entertainment and sports facilities, are among the disruptions. This has an impact on the need for construction chemicals including concrete admixtures, asphalt emulsions, waterproof coatings, and insulation foams, among other things. Electronic specialty chemical manufacturers are also pl

  “The automobile industry's change will have an impact on chemical firms. Those who want to thrive in the new normal must confront the changes head-on and address three major themes.” For chemical firms, the future of mobility looms enormous. Historically, the automotive industry has been a large end market for chemicals, accounting for more than 10% of total sales and even greater percentages for individual substances. The automotive market, on the other hand, has seen a significant increase in uncertainty during the last decade. Even before the COVID-19 problem, many chemical businesses were feeling the strain of diminishing auto sales and profit margins in the automobile industry. Several reasons have contributed to these figures, including shifting import tariffs, increased and regulatory expenditures, and the slowing of the North American and Chinese car markets. Industry profit margins are likely to shrink dramatically in 2020 and beyond as a result of COVID-19. To make matt

  The moment anyone talks about the telecom industry, one starts imagining: Heavy infrastructure Several towers Transmitters Data centers Cables Wires  While that’s true, however, the industry is swiftly transforming some of its physical elements into digital/ cloud-based applications. Many big telecom giants like Vodafone, Rakuten, Deutsche, and others have moved their infrastructure to the public cloud.  And if you believe the reports or surveys, this trend will evolve into 2022 and beyond. It will be among the top priorities to transform the industry. Read More :-   https://www.pukkapartners.com/insight/cloud-computing-has-made-an-enormous-impact-on-the-telecom-industries-how Cloud Computing Open up New Opportunities and Revenue Streams The role of cloud computing is swirling around delivering business value while increasing overall profitability. Cloud technology enables the telecom industry to provide an agile and competitive new environment. As per the researchers, this technolog

  • Global trade disputes, tightening environmental regulations and structural challenges in key end markets, such as automotive, have challenged the chemicals industry in recent years. Subsectors, such as paints and coatings and plastics manufacturing, have lost profitability and continued to increase debts. Chemical's businesses have to deal with cost pressure and uncertainty, both amplified by the COVID-19 pandemic.   • Value of M&A in chemicals in 2019 was among the highest of all times. In 2019, the value of M&A deals in the banking, insurance and financial services the highest, amounted to $ 721.32 billion U.S. dollars and the M&A deals in the chemical, petrochemical and plastic sector served second highest, amounted to USD $ 559.21 billion.   • Chemicals-related M&A seems to provide attractive opportunities despite complex deal surroundings. Financial distress is historically a major M&A driver due to relatively attractive company valuations. In addition,

  “The coronavirus pandemic struck at a time when the sector was already in decline. Adapting to the new normal will necessitate management agendas that take into account the lessons learnt in the first half of 2020.” COVID-19 is forcing petrochemical executives to reconsider the industry's future. Slowing demand growth, rising surpluses, and a diminishing value pool were all evident prior to the epidemic, and they've only gotten worse. Furthermore, the transition to renewable energy resources and a regenerative, or circular, economy will cause fundamental change in the business. Growth has been halted Following the financial crisis of 2008, the petrochemical industry saw sustained, significant development from 2010 to 2018, with the value pool increasing by 8% per year. From 2016 to 2018, a so-called super cycle (a period when petrochemical profits are larger than typical) resulted from high utilisation and favourable feedstock dynamics. In general, the marginal producers are

  Renewable energy generation can range from surplus to insufficient in a single day, as producers are well aware. The solution is reliable, stable, and long-term energy storage: store surplus energy during peak production and distribute it at peak consumption. For renewable energy storage, rechargeable batteries are often employed. Batteries, on the other hand, are only suitable for short-term storage. The best solution for extended storage—from overnight to seasonal—is hydrogen supported by fuel cells. The hydrogen is produced using low-cost renewable surplus power, then stored and converted back to electricity using fuel cells—a zero-emission and time-proven technique. Read More:-   https://www.pukkapartners.com/insight/green-hydrogen-as-a-renewable-energy-storage-technology Major Market Highlights GAIL (India) Ltd., a state-owned firm, said in October 2021 that it intends to build India's largest green hydrogen-production facility to supplement its natural gas operations with c

  In the healthcare sector, the providers face many challenges. Some of them include: Efficient workflow Patient safety Cost-effective administration There is one solution that addresses all these challenges. Yes, you heard it right! Radio Frequency Identification or RFID technology is an ideal way to navigate all the challenges in healthcare settings. If you manage a hospital, clinic, or nursing home, you know that providing excellent care is of utmost importance.  Within no time, the healthcare industry is becoming more invested in RFID technology. And the reason that’s driving its growth is its sheer number of applications. It won’t be wrong to say that the applications in healthcare are very positive. Many believe that it could be “The next disruptive innovation in this space.” Not only is it helpful in automating processes, but it could have a substantial role in patient satisfaction. Do you want to know how it is helping healthcare organizations save patient lives? Keep reading,

  Excessive expectations have been met with disappointment in the past with hydrogen technologies. Nonetheless, a rising body of research suggests that these technologies are a viable choice for deep decarbonization of global energy systems, with recent cost and performance advances pointing to economic viability. The cost of producing, transporting, and storing hydrogen has decreased dramatically. This is complemented by an increase in clean technology regulations. As a result, we predict that hydrogen technology will gain traction, particularly in the transportation and alternative energy generation sectors. The transition to a sustainable energy economy needs an energy carrier capable of large-scale carbon-free energy transfers. Hydrogen is a sustainable energy carrier with the potential to benefit the whole energy sector. However, storing significant amounts of hydrogen is difficult. There are numerous obstacles to overcome in order to achieve a cost-effective hydrogen cycle. Hydro

  “Today, the environment for oil and gas enterprises is tough. They must function more effectively than ever while maintaining high levels of safety and environmental protection.” Oil and natural gas corporations used technology, as well as computing, but were slower to embrace the latest wave of digital transformation than companies in other industries. Many lack a cohesive digital strategy, significant competencies, and specific action plans. The Digital Center for Oil & Gas transforms organizations digitally by cooperating with them to create more connected, intelligent systems, which use data to achieve substantial and lasting effects on their headquarters. In order to prosper energy businesses now and in the future, companies are developing cutting-edge solutions including world-class digital strategy, procedures, tools, and ability. READ MORE :-  https://www.pukkapartners.com/insight/digital-transformation-in-the-oil-and-gas-sector Major Market Highlights: Atos and IBM have

  Totting up a global figure isn’t easy! But it won’t be wrong to say that the world is facing a mental health crisis. And the pandemic triggered the numbers exponentially. What we’ve seen isn’t only the disruption in care but also a new onset of conditions.  And guess what? This is happening across the world, irrespective of socioeconomic status, age, or background composition. Shockingly, there is a 50% rise in the prevalence of behavioral-health conditions, leading to an additional spend in the US alone after the onset of the pandemic. Imagine, if there were global data, the number would be in billions. You might be thinking. Right? People have faced such situations before as well! People have faced job loss or other economic uncertainty before as well.  READ MORE :-   https://www.pukkapartners.com/insight/decoding-disruptions-that-can-potentially-drive-meaningful-change-in-global-behavioral-health But the impact is way more now! Disruption Factor Driving The Behavioral Health  Many

  The last few years have witnessed a significant change in consumer behavior. As a result, the healthcare industry is becoming more patient-centric as opposed to the traditional provider-focused model. And this is primarily the driving transformation and technological upgrades in the healthcare industry.  The industry is constantly expanding its reach and working on resolving current and future trends. For instance, better patient diagnosis and interpretation of data, the use of technology-enabled digital touchpoints to improve administrative efficiencies are some of the ways the industry is bringing in the concept of comfort and ease to enhance patient experiences.  But, what is a value-based care model? This article will help you understand every facet of value-based models and how it is helping the healthcare industry survive amidst the pandemic.  Let's begin! READ MORE :-  https://www.pukkapartners.com/insight/the-healthcare-industry-is-experiencing-a-transition-from-volume-to