The consumer and retail industry is undergoing an exciting revolution powered by rapid digitization, further empowering the consumers.  With the augment of digital technologies consumers are becoming more connected, tech-savvy, less loyal, channel-agnostic, demanding, and expecting personalized services as a given. The industry has also undergone a evolution of sorts reshaped by several factors – […]

Much has been stated about Industry 4.0 and its impact on the manufacturing and logistics industries. Without a doubt, it has accelerated the use of advanced tools and smart technology in manufacturing and logistics management organizations. It has increased productivity, lowered operating expenses, enhanced decision-making capabilities, increased operational efficiency, shortened production time, and provided a […]

During the last few years, there have been many watershed moments, from the pandemic and Ukrain wars to supply chain disruptions and the great recession. However, for the Banking, Financial Services, and Insurance industry, the pandemic was a pivotal point. It propelled financial leaders to abandon the traditional bottom-line metrics and develop strategies that could […]

In the ever-evolving business landscape with constantly changing customer needs Banking, Finance, and Insurance sectors need to transform their operating models to withstand and remain competitive. Automation is the next-gen technology and the key to transform manual processes to automation. As per Gartner, banking and investment organizations, IT spending is forecast to grow to $761 […]

Covid-19 gave e-commerce and digital transformation adoption an unprecedented boost. E-commerce alone grew by leaps and bounds – empowering retailers across the globe to carry on business as usual. The traditional retailers who earlier sold their products and services through brick-and-mortar stores switched to digital marketplaces, web and mobile applications to do trade. From groceries […]

Organizations are increasingly adopting a customer-centric approach aimed at providing faster, reliable, secure, and accurate services across their supply chains. This is where Augmented Reality (AR) has emerged as a go-to-technology for organizations to optimize their supply chains. Augmented Reality in supply chain management can drive enhanced efficiency by performing traditional tasks faster and more […]

The global menace of counterfeiting has not only hurt profitability but also tarnished the reputations of organizations. According to a report released by the OECD and the EU’s Intellectual Property Office, counterfeit goods represent 3.3% of world trade. Much of the supply chain-related counterfeiting vulnerabilities are linked to the various nodes that make it exceedingly […]

There is a great deal of hype around the 5G technology and this hype should be taken seriously because 5G is widely believed to be smarter, faster, and more efficient than 4G. Although this much-talked-about technology is a long way away from being widely deployed, it is seen as a potential game-changer across the global […]

Rapid spread of Coronavirus, from China to the rest of the world, has been an unprecedented shock for global supply chains across all industries. According to WTO, global merchandise trade for 2020 is set to plummet by 13% to 32% due to covid-19 with biggest impact on North America and Asia. Legacy supply chain structures […]