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Articles by Saloni Walimbe
Safeguarding Healthcare: A Closer Look at the Major Trends in the Health IT Security Market
The health IT security market is experiencing remarkable growth, driven by the pressing need for robust solutions that protect patient privacy, secure data integrity, and ensure the uninterrupted delivery of critical healthcare services. By Saloni Walimbe, Assistant Manager-Content, Global Market Insights Inc.
NoBrokerHood, ONDC to offer enhanced shopping experience to residents
NoBroker’s visitor, society and payment management app, NoBrokerHood, has reportedly joined government backed ONDC (Open Network for Digital Commerce) for transforming the daily shopping experience for residents. According to the company, this will make it easier for society members to get everything from food to groceries to everyday necessities through a single app.
Gopuff extends its Ads platform to assist new shopping brands in the U.K.
Gopuff, a well-known instant commerce platform, has reportedly launched its Ads platform in the U.K. in a bid to bring unique opportunities to new brands to target high-intent customers on shopping.
Kenya's Hustler Fund to gain international support amid economic reshaping
Kenya is reportedly in negotiations with the World Bank and the European Union (EU) regarding the provision of financial assistance for the Hustler Fund, which constitutes President Ruto's prominent economic initiative intended to facilitate affordable credit access for Kenyan citizens. For the record, officially designated as Financial Inclusion Fund, the program was launched in the previous year as part of government endeavors to revamp Kenya's lending system.
Japan anticipates significant impact from Hong Kong's ban on seafood
An official from the Ministry of Agriculture, Forestry, and Fisheries (MAFF), have reportedly disclosed that Japan forecasts a significant impact from Hong Kong as well as Macau's seafood import ban on account of the expected release of treated water from the Fukushima nuclear facility.
Sitecore partners with FPT Software to advance digital experience and commerce
FPT Software, a worldwide IT provider, has reportedly announced the development of its strategic alliance with Sitecore, an international leader in digital experience platforms. This partnership is a critical step towards seizing possibilities for the digital revolution and providing world-class customer service.
Microsoft unveils spatial audio on Teams application for desktop
In a bid to enhance communication and mitigate meeting fatigue in audio as well as video conferences, American IT major Microsoft has reportedly introduced spatial audio on Teams for desktops. According to sources close to the company, spatial audio seeks to replicate the dynamics of an in-person discussion by strategically positioning the voices of each participant in a meeting, creating a heightened sense of realism and immersion for more organic auditory encounter.
Online travel site Wego announces partnership with IHG Hotels & Resorts
Wego, the largest online travel site in MENA (Middle East and North Africa) region has apparently signed a partnership deal with IHG Hotel & Resorts, one of the biggest hotel chains in the world, to provide its customers with a greater selection of hotels globally.
EAS embarks on a digital transformation journey for business growth with Infor
Infor®, a leading cloud corporation, has reportedly announced that EAS, a Vicenza-based firm that specializes in the assembly of SMT and THT electronic boards, has selected Infor CloudSuite Industrial Enterprise to support its cloud-based digital transformation. The project, which will be carried out by Infor's partner 2Win Solutions, aims to help the organization's growth and global expansion.
JinkoSolar supplies TOPCon bifacial modules to largest solar project in Bulgaria
World-leading largest solar module maker, JinkoSolar Holding Co., Ltd, has reportedly delivered over 220,000 Tiger NEO bifacial 72 modules to Bulgaria-located 123 MW-ranged Verila solar power plant. Apparently, the Verila facility is Bulgaria's biggest PV project to date and is anticipated to boost the country's ability to produce solar energy by 7%.
Hyundai to invest $85.41Bn amid plans to sell 2M EV units by 2030
Hyundai Motor Co, leading South Korean auto manufacturer, has reportedly announced its plans to invest around $85.41 billion (109.4 trillion won) in the period up to 2032. The company stated that around $27.6 billion (35.8 trillion won) would be assigned for electric vehicles (EVs). The manufacturer also disclosed that it would spend around $85 billion (109 trillion won) to increase manufacturing and advance technologies, including hydrogen automobiles.
Lenovo to invest $1B to drive AI deployment for businesses worldwide
Technology frontrunner, Lenovo has reportedly disclosed that it will invest $1 billion over three years for the expansion of infrastructure solutions for accelerating the AI deployment for businesses globally. Apparently, Lenovo's investment strategy comprises an additional $100 million commitment towards the Lenovo AI Innovators programme expansion.
Hybrid Polymers – How Material Science Advancements are Helping Plastic and Hose Oriented Industries - Hose and Coupling World
Hybrid Polymers and Their Role in Furthering the Sustainable Manufacturing Concept As of late, sustainability has become a core concept for many businesses vying to enhance their global competitiveness and growth, particularly in terms of manufacturing. The trend has now far surpassed the times when it was confined to traditionally ‘green’ organizations, firmly establishing itself as a prominent strategy for businesses across several industrial sectors.
UAE's Masdar consortium inks deal for $10Bn mega wind project in Egypt
Masdar, Abu Dhabi Future Energy Company PJSC and Infinity Power, Africa's largest renewable energy developer as well as Hassan Allam Utilities, an infrastructure-focused investment platform, have reportedly entered an agreement with the Egyptian NREA. The deal was entered in a bid to secure the land for a 10-GW onshore wind farm within Egypt which is likely to be among the world's largest, with project value of more than US$ 10 billion.
Xiaomi and Dixon join forces for manufacturing smart phones in India
Xiaomi,a major smartphone company, has reportedly teamed up with contract manufacturer Dixon Technologies (India) Ltd for making and exporting phones for the Chinese firm. As per IT minister Rajeev Chandrasekhar, Xiaomi informed PM Narendra Modi’s government regarding Dixon’s plan of assembling and exporting Xiaomi smartphones. Sources confirm that both the partners would also be exploring component manufacturing. In the past, Xiaomi was the unrivaled market leader for smartphones in India.
Wipro extends Google Cloud partnership to advance Generative AI adoption
IT major firm, Wipro Limited has reportedly announced its expanded partnership with Google Cloud in a bid to bring its advanced generative AI (artificial intelligence) capabilities to clients throughout the globe.
Australia joins list of nations banning TikTok on govt devices
The Australian government has reportedly prohibited the use of the Chinese social networking site TikTok on government-owned smartphones, pursuing similar restrictions in other western nations. Attorney general Mark Dreyfus claimed that he had given the secretary of his unit the go-ahead to issue a regulation that forbade the TikTok application from being used on devices provided by Commonwealth agencies and departments.
Amazon to cut another 9000 jobs posting largest firings in its history
Amazon, the leading American e-commerce and technology giant, has reportedly posted another round of layoffs, cutting more than 9000 jobs. As per sources, the recent cutbacks marks the biggest firing round in the organization’s history. CEO, Andy Jassy revealed the changes internally, stating that they will take effect in the following weeks and would largely affect the Amazon Web Services (AWS), advertising, human resources, and Twitch live streaming service divisions.
Adidas, Nike supplier Pou Chen to cutback 6000 employees in Vietnam
Taiwan's Pou Chen Corp, one of the world's biggest suppliers of branded sports shoes, has reportedly laid out plans to lay off nearly 6,000 workers at its Ho Chi Minh City facility in Vietnam this year. As per local sources familiar with the firm’s plans for the factory, the company is expected to carry out the layoffs in parts due to sluggish demand across the world.
U.K.’s sub-prime lender Amigo dodges $89M fine amidst fear of bankruptcy
Amigo, a British sub-prime lender, has reportedly escaped a £73 million ($89.1 million) punishment despite putting clients at high risk of damage as there was a concern that the cost of the fine might have caused the company to go bankrupt. The Financial Conduct Authority (FCA) investigation revealed that Amigo failed to properly determine whether consumers or their guarantors might pay back the loans they applied for, putting business interests prior to its customers.
U.K.’s energy giant BP joins Shell as it gains record profit of $27.7B
BP, the renowned British oil and gas company, has reportedly posted record annual profits in the days following rival Shell's announcement of record earnings. The London-based firm reported that its primary metric, underlying replacement cost profit, was £23 billion ($27.7 billion) for 2022, nearly double the amount for the past year despite lower oil and gas costs affecting its profitability in the fourth quarter.
Protests over Macron’s pension plans cause disruptions in France
Over 1.27 million people were reportedly anticipated to participate in street protests throughout France in a second wave of planned strike action over Emmanuel Macron's divisive plan to extend the retirement age to 64. According to rail operators, strikes affected the transportation, education, and energy sectors on Tuesday. Regional and high-speed railways across the nation, as well as city buses, and trains, including trams in towns from Paris to Nice, were also quite considerably interrupted.
Australian startup Recharge Industries bids to revitalize Britishvolt
Recharge Industries, an Australian startup, has reportedly initiated a non-binding bid for Britishvolt, the bankrupt battery firm based in the U.K., which is likely to revive intentions to build a sizable plant in northern England. The proposal was submitted in the U.K. late on Tuesday, not long after Britishvolt's financial struggles pushed the firm into administration.
UK: Hunt faces calls for social energy tariff when govt. support ends
UK chancellor Jeremy Hunt is reportedly facing pressure to implement a ‘social energy tariff’ that would provide cheaper electricity and gas to low-income homes when government assistance ceases next year. In an open letter to the chancellor, 95 non-profits and charity groups have urged the government to move fast for a reduction in energy bills for those in dire need.
Washington: 14000 people suffer outage as power stations get ambushed
Over 14,000 people in Washington state reportedly suffered a power outage on Christmas Day as a result of break-ins and vandalism at various power stations. The Pierce County sheriff stated in two statements that no suspects have been found for the attacks. The outages on Christmas Day are the latest in a troubling string of instances in the US.
NSW Govt. inks $7.8B deal to plug Snowy 2.0 & NSW zones to grid
The Snowy 2.0 hydro project and New South Wales’s (NSW) renewable energy zones are reportedly expected to get connected to the grid under a major $7.8 billion deal between the state and federal governments.
Rockwell Automation and Fortinet Partner to offer enhanced cybersecurity
World’s leading automation company, Rockwell Automation, Inc., has recently announced that well-known cybersecurity corporation, Fortinet has joined the PartnerNetwork Program as a Gold Technology Partner. With this collaboration, Fortinet and Rockwell Automation will be able to offer powerful cybersecurity protection to customers globally via the convergence of advanced networking and security capabilities.
Top 3 Future Technologies to Look Out for In the Cybersecurity Market
By Saloni Walimbe, Senior Content Writer, Global Market Insights Inc. Digitization has taken the world by storm as new technologies and developments pave their way through. With the world progressing on the digital fronts and adapting to the work from home and remote desktop work trends during the COVID-19 pandemic outbreak, it is no surprise that the incidences of cybercrimes have soared to new heights.
Apple: Foxconn apologizes for technical error at Covid-hit China plant
Apple: Foxconn apologizes for technical error at Covid-hit China plant Apple's top supplier Foxconn has recently apologized to employees after the firm was rocked by new labor unrest due to a "technical issue" which happened when recruiting new hires at a Covid-affected iPhone factory in China. It has been reported that hundreds of workers protested at the world's largest iPhone factory in Zhengzhou, China.
Vikram-S, the first private rocket in India, successfully launched
Vikram-S, the first privately-developed rocket in India, has reportedly been successfully launched for a sub-orbital mission, from Sriharikota’s spaceport. As per records, Skyroot Aerospace, the startup, developed the rocket. The rocket reportedly lifted off at 11.30 a.m (IST) for a mission called ‘Prarambh’ (beginning). It reached an altitude of 81.5 km (50.64 miles) after about 2.3 minutes, while it was carrying three payloads, totaling 83 kgs (182.98 pounds).
COP27: Brazil's Lula pledges to end Amazon deforestation by 2030
Luiz Inácio Lula da Silva, the upcoming president of Brazil has reportedly vowed to change the current environmentally damaging policies of Jair Bolsonaro at the ongoing COP27 climate meeting. Lula, who served as president from 2003 to 2010, narrowly defeated incumbent Jair Bolsonaro by 1.8% of the vote in a discordant presidential election. Brazilian environmentalists claimed that the narrow victory could save the Amazon just before it reached a critical turning point.
Rising oil export threatens the economic stability of African nations
Increasing oil and gas exports will reportedly endanger the economic stability of several African nations, despite the skyrocketing prices of fossil fuels, as per new research. A report published by the think tank Carbon Tracker claims that the demand for fossil fuels is projected to decline significantly in the medium term. This makes depending on gas exports to drive economic growth a short-term, risky strategy whereas increasing solar power would turn out to be a better long-term investment.
Singtel's first-half revenue up by 23%, yet warning for a tough market
Singtel, the Singaporean telecommunications conglomerate reportedly recorded a net profit of $1.17 billion for the first half of the year that ended in September 2022, which marks a 23% rise from the prior year's same period. However, the group identified more severe macroeconomic challenges for 2023, like rising interest rates as a drag to its growth. Singtel Group's partial sale of its stake in regional affiliate Bharti Airtel contributed significantly to its increased profits.
How ZEVs are impacting the hybrid drivetrain industry
News October 17, 2022 by By Saloni Walimbe Hybrid drivetrains are expected to emerge as a lucrative tool in the sustainability movement imminent across the transportation landscape Since the turn of the century, it has become increasingly apparent to the industrial world that fossil fuels are in a state of rapid depletion. The excessive use of these resources has had long-lasting and severe impacts on environmental health.
BMI Market to Become Key Investment in Green Construction
Most industries are making efforts to move closer to more sustainable operations, as the threat of global warming and greenhouse gas (GHG) emissions grow more urgent. The construction industry is emerging as a major advocate for this transition, given that it is responsible for almost 39% of CO2 emissions worldwide, based on estimates from the World Green Building Council. A major part of this effort is the rise of green construction.
How Ceramic Electric Insulators Aid Grid Modernization
More than just buzzwords, smart grid solutions are gaining recognition from authorities worldwide as strategic investment areas with the potential to aid not just economic but environmental progress. The Need for Grid Modernization In an era where grid infrastructure development is becoming more important, albeit increasingly challenging, the need for modernization is greater than ever.
How will the physical security market fare through 2027?
The physical security market is poised to register commendable proceeds owing to the increasing adoption of system integration services that promote the seamless implementation of physical security solutions. The services ensure the integration of software platforms with hardware components for the deployment of a consolidated system. The industry growth is also being propelled by a rise in the adoption of strategic moves by key market players for maintaining their position in the market.
Key Factors Boosting the Physical Security Market
The rising prevalence of global risk factors, from industrial vulnerabilities to terrorist threats, will position physical security as a primary pillar for safety in the current era. According to estimates from Global Market Insights Inc., the physical security market is poised to cross $150 billion by 2027. Businesses operating in the modern industrial landscape encounter risks at every stage, making security a key aspect of any business.
Top Trends Boosting the Global Facilities Management Market
Energy Management and Lighting, Maintenance and Operations, Safety, Sustainability/Business Continuity Boosted by smart cities, the healthcare sector, and industry partnerships, the global facilities management (FM) market is poised to surpass $2 trillion by 2027, according to research from Global Market Insights Inc. Furthermore, agrowing focus on optimization of building performance has positioned facilities management as a key maintenance tool.
Factors Likely to Drive Global Mobile Wallet Market Expansion
With increasing restrictions on public movement and offline retail operations, the growing demand for online shopping amid the COVID-19 pandemic is propelling global mobile wallet industry growth. The growing preference for contactless payment methods over the traditional payment systems to curb the virus spread is supporting the adoption of digital wallet payment systems.
Four Factors Likely to Drive Global Mobile Wallet Market Expansion
With increasing restrictions on public movement and offline retail operations, the growing demand for online shopping amid the COVID-19 pandemic is propelling global mobile wallet industry growth. The growing preference for contactless payment methods over the traditional payment systems to curb the virus spread is supporting the adoption of digital wallet payment systems.
Versatility for mobility
Plastic compounding is emerging as an important engineering process amid rising industrial reliance on polymers. Global Market Insights (GMI) analyst Saloni Walimbe explains why. The versatility of plastics is derived partly from the ability of the materials to be combined with different types of substances or additives, which can enhance known properties as well as establish new ones.
Ecommerce Companies Use AI to Ensure their Sites Are ADA Compliant
Artificial intelligence has become a very important component of modern business practices. This is particularly true when it comes to web marketing, where AI is vital to UX design and helping connect customers with the right products and services. One of the overlooked benefits of AI in website optimization pertains to ADA compliance. As the EEOC starts cracking down on companies with websites that violate the ADA, more businesses are using AI to make sure their websites are compliant.
Global Shift Towards Contactless Digital Payments to Underpin Significance of Mobile Wallets
Across most of the world, the adage “cash is king” is beginning to lose relevance in recent years, as newer technologies like mobile wallets come to light. The emergence of smartphones is a major driver in the transition of the financial world to the digital platform, triggering a massive change in the way users connect, interact and conduct business.
Diagnostic and Monitoring Solutions Define Smart MedTech Industry Trends
Smart medical devices refer to a group or products that enhance diagnostics, monitoring and therapeutics delivery for consumers. The digital revolution has taken the healthcare world by storm in recent years, prompting the emergence of technological advancements deemed unattainable in the past.
Food Safety Tech Newsletter Vol 10 No 36
Get Your FREE Subscription Here! About Us Volume 10 Issue No. 36 Compliance Food Labs Food Manufacturing Foodservice & Retail FSMA GFSI Sustainability Food Fraud Quick Bites Why Is Honey Fraud Such a Problem? By Karen Everstine, Ph.D., Decernis; Gina Clapper, USP; and Norberto Luis Garcia, Universidad Nacional del Sur in Bahía Blanca (Argentina) There are challenges with defining and authenticating honey.
Laparoscopic Applications Highlight the Trends in Medical Robots Industry
Breakthrough technologies like robotics and AI have been demonstrating potential to address many common issues in the modern healthcare industry. Often considered synonymous with surgical robots, which are a dominant application for robotics in healthcare, medical robots are being used in many other care delivery and hospital management operations.
Food Safety Tech Newsletter Vol 10 No 32
Get Your FREE Subscription Here! About Us Volume 10 Issue No. 32 Compliance Food Labs Food Manufacturing Foodservice & Retail FSMA GFSI Sustainability COMPLIMENTARY WEBINAR Food fraud prevention: three years of GFSI and where we are August 17, 2021 | 12:00 PM - 1:00 PM ET It seems that food fraud prevention has been around for a long time (the term was formally defined in an academic sense in 2011), but it really has only been just over three years since the formal GFSI requirements were...
Key Trends Reinforce Food Allergen Testing Market Across North America
The food allergen testing industry has garnered considerable traction across North America, especially due to the high volume of processed food and beverages consumed daily. Allergens are becoming a significant cause for concern in the present food processing industry worldwide.
COVID-19 Detection Kits Remain Key Tools in Pandemic Response
First emerging in China in December 2019, the novel coronavirus, SARS-CoV-2, quickly evolved into a full-fledged global pandemic by March 2020, creating unprecedented pressure for the global healthcare industry. The rapid spread of COVID-19 brought to the fore the significance of a robust healthcare infrastructure, most notably in terms of diagnostics and testing capabilities, in turn amplifying the demand for advanced COVID-19 detection kits and tests.
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