Asia is recognized as the manufacturing hub of the world. Many Western corporations have migrated their manufacturing activities to China and other Asian countries to lower their labor cost. Asia could therefore be a strong driving force for the Industrial IoT market (IIoT) which some are calling the Industry 4.0 revolution. Countries such as Singapore and China are embracing these connected devices. Bringing the potential of automation, these devices could increase productivity, reduce waste and subsequently deliver better products or services. The IIoT market is set to reach US$319.62 billion with a 8.15% growth rate from 2014 to 2020. Industry 4.0 : China...Read More
Author: Celine Delacharlerie
Imagine driving in a clean city, free from pollution, where you are never stuck in traffic jams, where you are confident to arrive on time. All this and much more is what promises the Internet of Things (IoT) to transform our cities into Smart Cities. Those cities of tomorrow aim at achieving 3 things; sustainability, efficiency, and livability. By 2050, 75% of the world’s population will live in urban areas. For cities to continue to be centers of economic growth, there have many challenges to face and the IoT is carrying many solutions. Asia-Pacific is the region accounting for the largest share of spending in IoT....Read More
The software products industry has grown significantly in India over the last decade. This was due to the increase in availability of mobile phones, the ease of adoption of SaaS (Software-as-a-Service) and the increased collaboration fostered by social media. Still, India has not produced a global tech powerhouse yet. Japan had electronics giant Sony twenty years ago. Similarly, when one mentions Korea or China, he or she thinks of Samsung or Xiaomi. But we’re still waiting for an Indian tech company to conquer the world. India is well-known all over the world for its pool of software engineers. The...Read More
One seldom associates the terms ‘innovation’ and ‘disruption’ with the government of a country. However, the government has taken on the role of a startup in India. The platform responsible for the greatest degree of market disruption is a project backed by the Indian government named the India Stack. The Government as a Startup in India : An Overview of the India Stack The India Stack is a set of open APIs made of different layers. They are named the Presence-less, Paperless and Cashless Layers. It began as a collaborative project between iSPIRT (Indian Software Product Industry Roundtable) and...Read More
Companies are not waiting to be disrupted by startups, leading to the push of corporate innovation. 68 of the world’s largest companies on the Forbes Global 500 List have interacted with startups with in the form of hackathons, accelerators, partnerships and venture funds. Our analysis of a dozen recent initiatives, including The Coca-Cola Founders accelerator, GE Garages events and Swire Properties’ coworking space BluePrint, has demonstrated that success depends on various aspects. These include tailoring programs to suit objectives, getting top management buy-ins, getting aid from experienced partners and maintaining openness of the company. According to a study from...Read More
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