Tag Archives: Digitization

Lessons to Learn from SRI LANKA Economic Crisis – Causes and Remedial Action

The recent drop in the Sri Lanka economy is an interesting topic to analyse. The country has faced huge forex reserves are depleting, resulting in currency depreciation, inflation, and a supply crunch.  Due to the supply shortages, people are waiting outside shops to stock up on essential goods.  The unexpected surge in demand and panic purchasing has resulted in rising prices.  This prompted the Sri Lankan government to declare an emergency, which allowed authorities to confiscate goods and determine Read more [...]

Recent Chip Crisis and Its Impact in Major Industries – Importance of Chips in Industries

Semiconductor chips widely now as the new oil or gold are made of silicon, which is a strong electrical conductor.  These chips are incorporated into microcircuits, which power wide range of contemporary electronic products and components.  These semiconductor materials are used in all active components, integrated circuits, microchips, transistors, and electronic sensors.  With technological advancements in many industries, semiconductors are literally the "heart" of billions of goods ranging Read more [...]

Company Profile and Promoters of PEGASUS or N.S.O. GROUP TECHNOLOGIES LTD – Estimated Revenue, and Worth of NSO Group Technologies Ltd

The name Pegasus has brought a lot of curiosity among the public, of late.  Here is an outline of the company, as found in media, to explain what the company stands for, and an indication about the purpose of developing and promoting the software Pegasus. Pegasus is a software product or its brand name. Pegasus is a cyber intelligence software that remotely and secretly extracts and monitors data from any mobile device.  This software was developed by a private Israeli company known as NSO Group Read more [...]

Unicorn and Fintech in the Startup World – Global Spread of Unicorns in 2020

The word ‘Unicorn’ is a word coined with those successful start-ups. The “unicorn” was primarily a concept among U.S. companies in the beginning. In summary, Unicorn is for describing a start-up with a valuation of over $1 billion. The unicorn was first coined by venture capitalist Aileen Lee in 2013.  Today, it spans across the globe identifying new unicorns rising through the ranks each year in different geographies.  Globally, the last two decades have witnessed the start-up boom, and Read more [...]

Mauritius Second Lockdown– How Does Mauritius Manage the COVID-19 pandemic successfully till Mar 2021?

Mauritius is among very few countries in the world that have been able to contain the novel coronavirus (COVID-19) in six weeks in the beginning.  The COVID-19 pandemic was confirmed to possess reached Mauritius in March 2020.  Since the primary 3 cases of COVID-19 were confirmed, the Mauritian authorities conducted 'Contact tracing' people that are in grips with infected patients are placed in quarantine, together with doctors, nurses, and cops.  On 30th May 2020 the Mauritian government ended Read more [...]

How can Society Thrive Post-Pandemic? Pandemic and its Effect in the Society in Coming Years

We all believe that the current pandemic of COVID – 19 will end come to an end soon, and we all will be back to olden days.  Now, it is time to call it olden days since we are going to near one year since the outbreak in Wuhan.  Look at the current situation of the world which we never imagined a few months ago; influence of a virus on the life of powerful mankind. Let us hope that world would heal as it happened in the case of Spanish flue which lasted for a year or more 100 years back.  As Read more [...]

Declining GDP and Shattering Household Income. What Does GDP Drop Mean for a COMMON MAN?

Let us define a COMMON MANby linking the famous cartoon of RK Laxman. The above picture (courtesy: RK)is a clear caricature of a COMMON MAN.  Do not ask how many cars he got and how well he has been employed.  He used to go on foot years back but later moved to bicycle and of late he uses public transport or two-wheeler.  If somebody offers coffee or tea, he takes it with a big sense of gratitude.  He never snatches anybody’s livelihood.  His income is meager, and he can be an agriculturist, Read more [...]

e- Learning – Emerging Business Models with COVID – 19.   Review of the Booming Online Education in the Coming Years

The education market in India has been in comparatively higher growth orbit for a long time.  There are multiple reasons for such growth in addition to the growing disposable income and the growth of nuclear families in both urban and rural India.  The education market was forecasted to be worth about $180 billion by 2020, growing at 20%, much higher growth rate compared to any other industry.  Online education is not new to India.  There are multiple entities that were offering online education Read more [...]

Pandemic and Business Continuity – Plan to Outline Organization Functioning During and After Pandemic

Organizations worldwide have been reacting to the recent pandemic outbreak COVID-19, in a number of ways, from restricting non-essential workplace travel to canceling big events.   All organizations need a business continuity plan to keep moving in this pandemic arena.  An ideal business continuity plan outlines how a company can continue to function during and after the pandemic.  It includes planning about how the key services or products will be continued.  Some employees will be incapacitated Read more [...]

InsurTech and Insurance Claim Processing – Defining New Business Model in the Insurance Industry

InsurTech is rapidly and silently growing across the insurance industry which will have wider ramifications in the industry in the coming years.  InsurTechis mainly the use of technology innovations to bring higher operating efficiency in the insurance industry.  Most of the major insurance companies have implemented one or other forms of technology which would result in faster enrolment, quicker processing, and reduce the scope for errors in its cycle.  The recent advancement of InsurTech will Read more [...]