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Growing Solar Power – Government initiatives and market challenges

Solar power is defined as “use of the sun’s energy either directly as thermal energy (heat) or through the use of photovoltaic cells in solar panels and transparent photovoltaic glass to generate electricity.”  Across the world, solar energy is playing an important transition role from dependence on traditional forms of energy such as coal to renewable energy. The total global solar PV installed capacity had increased more than 400 GW by the end of 2017.  The major countries which contributed Read more [...]

What is IoT – Internet of Things – Market Size of IoT in 2017 and Forecast 2022

The IoT or Internet of Things is generally described as connection of various devices to the internet using sensors to capture key information, statistics, and communicate the data with one another.  The US National Security and Telecommunications Advisory Committee (NSTAC) has defined IoT based on three shared common principles of devices, platform and intelligence. Market Size The worldwide IOT market was estimated at US$800 billion in 2017 as per a few technology market research.  The Read more [...]

What is Merger & Acquisition – Different types of M&A and Advantages of Merger & Acquisition

Merger is generally defined as a combination of two or more businesses combining into one, where shareholders of separate companies become shareholders of the amalgamated company.  There are multiple business consulting firms which work on the topic relentlessly to make such process success.  The process of acquisition has been defined as acquiring effective control over one company’s assets or management by another company. Types of Merger M&A can be of different forms as illustrated Read more [...]

HOW TECHNOLOGY IS EFFECTING THE RETAIL INDUSTRY AND E-COMMERCE INDUSTRY – WHAT NEXT IN RETAILING WITH DIGITAL MARKETING

Traditionally, the retailing was organized as wholesale market, retail market and mandi or local markets.  Typically, going to Mandi or to market was a common way of sourcing goods for daily life or go to nearby store for small pieces of items. Technology slowly entered into the retailing in terms of usage calculator followed by computerized billing.  Shop keepers and consumers were equally happy with such mini innovations.  Slowly, this has changed the entire landscape of retailing in Read more [...]

DESTRUCTIVE TECHNOLOGY AND CHALLENGES IN BANKING – SHAKING BANKING SECTOR AND DIGITAL TRANSACTIONS

Ever since the nationalization of Banks in 1970, the banking sector was dominated by government Banks till early 90s.  The early banking was not a pleasant experience as happens now.  Customers have to stand in long que, need to fill in challans, and counter clerks need to calculate interest manually and apply in passbooks. The real revolution of Banking convenience occurred with the introduction of ATM cards.  When you visit an ATM you are able to perform almost every transaction that Read more [...]

HOW THE DIGITAL TECHNOLOGY REVOLUTIONIZED BUSINESS AND PERSONAL COMMUNICATION – DIGITAL TECHNOLOGY AND REVOLUTION IN COMMUNICATION

Technological changes bring tremendous impact in the society as well as the lives of common people.  An interesting fact about the digital technology is that the more advanced the technology becomes, the more control it exerts on our daily lives. In general, people are ready to embrace any new technology, explore its benefits while ignoring other downfalls of such technological changes.  According to Lee Siegel, New York City writer and cultural critic, "we shop, work, play, love, search for Read more [...]

E-Sports Industry Market Size 2022 – Revenue sources of e-sports industry

E-sports or professional gaming is generally defined as tournament style electronic games played by an individual player or multiple players for various prizes.  The rise of E-sports across the world is primarily driven by growing demand of games as a service from a business point of view,  and creation of new game streaming platforms from a technological side along with the growth of digitization.  The most popular type of genres in E-sport games are Fighting, Strategy, Multiplayer Online Battle Read more [...]

KEY SELLING POINTS OF INDIAN MEDICAL TOURISM INDUSTRY AND HOSPITALS IN MEDICAL TOURISM IN INDIA

Patients from the United States seek treatments that cost five to 10 times in their own country in India.  Patients from countries such as the United Kingdom and Canada travel to India to beat the huge waiting period for many routine procedures. The key selling points of the Indian medical tourism industry are the combination of high quality facilities, competent, English-speaking medical professionals, “cost effectiveness” and the attractions of tourism.  The cost differential is huge: Treatment Read more [...]

Key Selling Points of Indian Medical Tourism Industry and Hospitals in Medical Tourism In India

Patients from the United States seek treatments that cost five to 10 times in their own country in India.  Patients from countries such as the United Kingdom and Canada travel to India to beat the huge waiting period for many routine procedures. The key selling points of the Indian medical tourism industry are the combination of high-quality facilities, competent, English-speaking medical professionals, “cost-effectiveness” and the attractions of tourism.  The cost differential is huge: Treatment Read more [...]

CLOUD COMPUTING AND SOFTWARE-AS-A-SERVICE (SAAS) – IMPORTANCE OF CUSTOMER RETENTION IN SAAS BUSINESS MODEL

Cloud computing is generally defined as delivering on-demand computing services over the internet on basis of a pay-per-plan.  In today’s business environment, cloud computing is used to create new applications, host websites, backups and restore data among others. Cloud computing Services can be categorized into three categories as illustrated below: Software-as-a-Service (SaaS) SaaS uses the web to deliver applications that are managed by a third-party vendor to deliver services Read more [...]