Category Archives: Technology Market Research

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Google and Mayo Clinic on new AI project, Business Ampverse with e-sport market players, and more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series a new weekly update for its readers. Now, get a closer view of the market every week! 

Business Ampverse with South Asian e-sport market players

The key players in the e-gaming and esports South Asian markets have come together to launch gaming and esports business Ampverse. The team shall also have strategic advisors such as Rob Gilby, Ex MD of Walt Disney of South East Asia. With this, the gaming industry in South Asia views better opportunities to capitalize on gaming’s growth at the global level.

Google and Mayo Clinic on a new AI project

With a ten-year-long partnership, Google and Mayo Clinic have come together with a goal to transform the healthcare institution’s uses of patient data, AI, and cloud-computing services across all its work from care delivery to product development. 

Chatbot for employees: The new trend! 

The chatbot industry is observing a new trend in the market. Unlike the chatbot service is famous for improving customer service experience, the new trend aims to penetrate chatbots for a better understanding of the employees and contributing to improving their performance. The trend in the HR field may encourage further research projects of technology integration. 

ROBO Pilot interacts with the aviation mission computer

The new ROBO pilot in the aviation industry interacts with an airplane. As it would get information and data from the Global Positioning System and SA sensor, the Robo-pilot would enable making automated flight decisions.

Iris recognition to reduce the presence of type II diabetes. 

Recent research has made it possible where the biometric accuracy of Iris recognition is reduced in the existence of type two diabetes. This has boosted further research and development in the Iris recognition industry. 

 – Written by Gauri Ludbe 

Business Writer


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Waste imports from west get unappreciated in SouthAsia, Smart Parking to triple its number globally and more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series a new weekly update for its readers. Now, get a closer view of the market every week! 

Challenges in database management systems could cost $2.5 for Australia

Australian market players may have to suffer due to increased challenges in maintaining data. Inefficient data management systems can cost them around $2.5 million annually and hence the industry demands further research and development to overcome the lows. 

Waste imports from west get unappreciated in SouthAsia

Locals from Southeast Asian countries like Thailand, Malaysia, and Indonesia oppose the imports of waste from western countries. However, this has also encouraged the demand for metal waste and recycling in Southeast Asia. The event will have an impact created on the Metal Waste and Recycling markets of SouthAsia. 

Multi-cloud users invite security trouble 

Increased cloud data adoption has raised security concerns among market players. SaaS security becomes a concern when multi-cloud users have to maintain large systems. A recent research report tried to find the key insights into the SaaS security industry at the global report which reported present challenges the industry may face in the upcoming future. 

Smart Parking to triple its number globally

Recent research projected the number of on-street smart parking spaces to get tripled. The massive response received for smart parking will reflect in the next decade. The global smart parking industry will thrive with metros around the world will viewing the increased demand. 

North America again dominates the plant protein industry 

North America region has a robust dominance in the plant protein market in the year 2018. The global industry may view the North America region continuing its influence in the plant protein markets. 

 – Written by Gauri Ludbe 

Business Writer


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Finance industries face most Cyber trouble, California powers FCV with 40 new hydrogen fuel stations and more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series a new weekly update for its readers. Now, get a closer view of the market every week! 

Subsea 7 gives a push to its new oil and gas projects 

Subsea 7 plans to continue its Engineering Conversion Program. The company invests in skilled engineers for building new careers in subsea oil and gas industry. The new project installation engineers will be given the responsibility for the delivery and execution of its upcoming ventures. 

California powers FCV with 40 new hydrogen fuel stations

Forty new Hydrogen Fuelling stations in California encourage fuel cell viability with its active presence. Fuel Cell Vehicles owners driving from San Diego to Lake Tahoe now will not lose out of hydrogen fuel as the new stations get them covered. It has encouraged other regions in the states to push forward hydrogen fuel stations sooner than later. 

Finance industries face most Cyber trouble 

Recent cybersecurity research reports found that there’s more threat of cybersecurity in the financial industries. For finance institutes, brokerage firms and other banking organizations, SQL injection attacks, Ransomware, and cross-site scripting are said to be the highest expected threats. 

US Trade War to affect medical device technologies market 

The medical devices market feels the heat on an international level due to the US trade war with China. Though the latest innovations in the technologies of medical devices such as 3D biopsies, improved CMR surgical has big promises, the trade war hampers its global growth. 

Saudi Arabia emerges as the largest outbound travel market

As per the recent Saudi Arabia outbound travel and tourism report, the residents of Saudi Arabia are the biggest spenders when it comes to traveling abroad. For Saudis, UAE, Bahrain, and Jordan are the top destinations for traveling. 

  – Written by Gauri Ludbe 

Business Writer

Data security in a healthcare organization

Is Cyber Security a real concern in the Healthcare Industry? Here’s Why

IMPACT OF DIGITALIZATION 

Digitalization has revolutionized the healthcare industry as much as any other. There has been a sharp increase in conversion of  business processes into digital form. These processes include the storage and processing of huge amount of data related to the consumer’s identity, personal information, medical history etc. 
Before technology took over, the healthcare industry was also supported by paper backed storage systems. But paper backs went out of use and was replaced by technology where information was stored in the form of bits.
Data security in a healthcare organization refers to the security measures taken to protect sensitive data available with the healthcare industry in the form of names, addresses, phone numbers, medical details etc. from cyber attacks. 

DATA SECURITY

With more and more use of technology backed business processes it became necessary to protect the information available in digital form. That is where data security comes into play. 
Data security refers to a set of standards and technologies that protect data privacy from intentional or accidental destruction, modification or disclosure. Data security can be applied using a range of measures and technologies, including administrative controls, physical security measures, logical controls, organizational standards, and other safeguarding measures that limit access to unauthorized or malicious users or processes.

Data Security Challenges in the healthcare industry

Securing data is not an easy task. A few challenges faced while ensuring healthcare data security are as follows:

Single layer protection Using single layer protection proves to be insufficient for protecting huge amount of data.

Difficult to keep up with demand Due to the creation of a large number of spontaneously  growing non-relational databases, security solutions are not able to keep up with the rapidly growing demand. 

Special care needed for large data When large data is involved additional security measures need to be taken to store and process the data safely

Insider leaks It becomes a difficult task to monitor insider leaks. In this case the executives who have access to the data misuse it to mine data

Mistaken Beliefs causing ineffectiveness There exist too many myths with regard to data security that weaken the effectiveness of security measures and makes data vulnerable to attacks. Some of these myths are – Maximum breaches are done by hackers, this is untrue, most of the breaches are done by insiders.

Complexity of data security systems The internet gives a platform to a complex computing environment where sensitive data faces many different types of security threats. The complexity of the system needs to be matched in the security measures also.
Healthcare data security challenges are complex and many in number. It requires up to date counter measures to keep in check.

Significance of data security in healthcare

Healthcare data security threats are the reason why data security holds such importance in the healthcare industry.  The potential consequences of data breaches are disastrous to the right to privacy of individual consumers. Identity theft is a common result of such breaches. There are other negative consequences including reselling of personal information in the stolen data black market. The identity may be stolen for various reasons like targeting sensitive medical information to influence individual’s probability to fall for internet frauds and schemes.

Growth Prospects ofcybersecurity in Healthcare industry

For the cybersecurity industry, there is no looking back. The trends in the last decade show exponential growth in the cybersecurity industry.
Similarly Cyber security is growing in the healthcare industry by leaps and bounds. Moreover there is no slow down or stop being predicted in the next decade as well.  With technological advancement in the healthcare industry the relevance of data security will become of acute importance.

Measures that can be taken in preparation against cyber threats

There are several data security measures in healthcare that can be taken to increase preparedness by the healthcare organizations.Some basic but essential measures include:
Establish strong passwords to ensure it can’t be easily guessed,Set up a firewall,Think of antivirus protection as many latest antivirus softwares are available in the market,Updating is important to stay up to date with the most recent technology ,Secure every laptop,Secure mobile phones, Schedule backups  Monitor steadily, Be smart with emails and surfing the web,Educate your employees about Data Security and create awareness about the threats faced by sensitive data.

Latest News about data security in the healthcare sector

Data Breach in Missouri 

Lawsuit filed by patients against Missouri University Healthcare for data breach of 14 thousand patients.

Experts concerned over data security with AI Healthcare

UK boosts funding for AI in healthcare: Experts convey concerns about data security.Know more about the risks related to AI in our blog Automated Cybersecurity : AI has a long way to go!

throwback-thursday-market-research-reports

Healthcare market explores extended reality, ‘Cool’ smart coatings for roof technologies, and more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series is a weekly update for its readers. Now, get a closer view of the market every week! 

Spendings double up in the future global cloud service market:

As per technology market research, Australian organizations gain A$9bn in productivity benefits from the cloud. Technology market research suggests such The worldwide spending in the cloud professional services market is likely to double by 2023.

US encourages sports medicine through new centers: 

While New York Sports Medicine Institute announced comprehensive care for athletes, the US sports medicine market is observing an increase in the number of sports Medicine and Performance Centers, the latest being in Colorado. As per healthcare market research, this will encourage development projects in the global sports medicine industry. 

‘Cool’ smart coatings for roof technologies: 

As per chemical market research, new roof technologies use phase change material (PCM) and smart coatings and surfaces that will selectively reflect and absorb heat. Smart coatings market may see more such developments in the upcoming years that will boost the overall market growth. 

New improved treatment for IPF reduces suffering and costs:

A new clinical model is expected to address terminally ill idiopathic pulmonary fibrosis patients by decreasing suffering and costs, according to pharmaceutical market research. It is considered to be an emerging innovation in palliative care. 

Healthcare market explores extended reality

The extended reality, a single healthcare platform may show a combination of different technologies for providing specific health benefits. As per recent market research, AR and VR  will grow at a CAGR of 36.35% by 2025 and it will boost its application in the healthcare industry.

  – Written by Gauri Ludbe 

Business Writer

JSB Market Research ThrowbackThursday

A low week for Kajaria Ceramics, Volkswagen adheres to CNG and more news

The last week observed a few ups and downs in diverse global industries. JSB Market Research’s new ThrowbackThursday series a new weekly update for its readers. Now, get a closer view of the market every week! 

Uber is optimistic with Urban Air Mobility

As Uber enters the urban air mobility market, it plans out new strategies to make money from its ventures. With this, the UAM industry is likely to become competitive in a few years. Recent logistics market research reports value the market around USD 5.25 billion in 2018 with a growing CAGR of 11.34% over by the end of 2026. 

A low week for Kajaria Ceramics 

Despite the ceramic markets view greater growth, the last week for Kajaria Ceramics wasn’t a great one with a 9.14% fall in its price. How does the company plan to bounce back in the global advanced ceramics market poses a question. The latest global materials market research reports suggest bio-Ceramics will be the largest segment for ceramics in the next few years. It will be interesting to see how marketers plan to take it ahead in the industry.

Volkswagen adheres to CNG amidst electrified automotive industry 

Although the automotive industry observes big talks of advancing electrification of fleets, Volkswagen Group sticks to CNG. The company pushes new projects with CNG as an alternative for decarbonizing road transport. The Volkswagen swot analysis 2019 analyzes the factors influencing the company’s strategies and plans more details about its widened product range. 

Revlimid comes up in the Oncology blockbuster drug list

Revlimid, the thalidomide analog has come up in the list of Oncology Blockbuster Drugs Market with its annual sales increasing with 18.3%. As per the recent pharmaceuticals market research reports its sales had reached $9.685 billion in 2018. 

Nokia boosts IoT for Agri-tech

With its Worldwide IoT Network Grid (WING), Nokia works on a smart agri-tech program in Algerian smart agriculture industry. The program with offer data to Algerian farmers which will eventually help them gain better yields. This is one of the projects with new technology in agriculture in 2019. 

  – Written by Gauri Ludbe 

Business Writer


cryptocurrency market

How will Libra hold its controversy weight?

Libra manages to get into another controversy within a few weeks of its plan of launch. While the US administration opposes the launch of Libra, how does Facebook plan to get out of it?

The US administration is pretty clear with its views on cryptocurrencies. The US Treasury Secretary Steven Munchin opposed the launch of Libra in the US stating it to be a ‘national security issue’ for the US government. 

He further added that Facebook’s Libra has to convince financial regulators and ensure high privacy standards. 

“Treasury has been very clear to Facebook, bitcoin users, and other providers of digital financial services that they must implement the same anti-money laundering and countering (the) financing of terrorism, known as AML CFT safeguards, as traditional financial institutions,” he stated. 

The statements were expected to come ahead of the US president’s tweet which clearly stated disagreements in the launch of bitcoin and cryptocurrencies. 


cryptocurrency Market

It came when bitcoin was in talks to have an impressive year for its growth. The largest cryptocurrency fell as much as 17% after the president’s tweet was enough to explain how. Facebook will be no exception to the snowball effect of the President’s statement. 

How was Libra planned?

Facebook released a huge document giving details of Libra and Calibra and how the cryptocurrency plan to be. It was a bold bid of Facebook to come up with Libra as the global digital currency promoting financial inclusion the unbanked. Unexpectedly, Libra is said to have built decentralization and addressed better privacy in its functioning.

Facebook plans to make it a long-play as it pulls payments into its online domain. Rather than dominating Libra’s future soon after its launch, Facebook takes it slow and steady for its new brainchild. 

During a recent interview, VP of blockchain at Facebook, David Marcus stated, “If more commerce happens, then more small businesses will sell more on and off-platform, and they’ll want to buy more ads on the platform so it will be good for our ads business.”

Unlike the case in credit cards, Facebook plans to change what’s typical in the transaction world today. It eliminates the idea of transaction fees while buying or selling through digital payments. 

There are around 1.7 billion unbanked people who Facebook sees as potential prospects to turn to Facebook’s digital currency. 

How have Facebook officials reacted to the Libra criticism? 

Marcus, one of the Coinbase Board of Directors Libra will not be launched unless it manages the necessary regulatory approvals and meets their concerns. However, he also said that If the US doesn’t take initiative in the new digital innovations, others may lead the market. 

Libra does not intend to compete with the sovereign currencies. He further added there’s fair transparency and democracy in the decisions of Libra. The customer information will not be shared with Facebook, neither will it be made available for ad advertising. The discussions following the administrative statements by the US officials should make the decision on the proceeding. 

Since Facebook’s never misses a chance to be in the news for its controversial currency, not just the launch of Libra, but the other cryptocurrency market may get a shake. The administrative continuous talks on the crypto world may bring about new regulations on digital currencies. Will Facebook manage to come out of the controversial circle? If yes, Libra should be all set to make the electronic and digital transaction “conventional”

  – Written by Gauri Ludbe 

Business Writer

Difference between augmented and virtual reality

Reality’ check: The difference between Augmented And Virtual Reality

Technology has come long ahead forming opportunities in the artificially created reality. Furthermore, there are two types of reality, one being virtual and the other being augmented. The major difference here is the overall perception of the human world. The experience astounding to the feel is the difference in both cases.

Virtual Reality

Major names in the virtual domain are increasing, with biggies such as Oculus Rift, Samsung Gear, Cardboard by Google and so on.

Virtual Reality in the current domain includes most reality headsets and environments being multi-dimensional. This also comes with the projection and combination with the physical environment, which can generate realistic images. Along with images, sounds and sensations are a stimulation in the user’s presence across the virtual environment.

Further, a person who is using the equipment to look and wander around can also interact with various features of virtual reality. This kind of effect is often created with VR headsets which are majorly consisting of a display of a screen in front of eyes. New technologies have also made these headsets through the designing of multiple large screens.

AUGMENTED REALITY

The term augmented is meant to describe the enhanced version of reality which is created by the use of technology. This adds digital information on the image.

In recent times AR has been profoundly utilized in the applications of smartphones and tablets. The idea is to create and show a real world in the vicinity, using the phone and tablet. Additionally, one layer of information is put on which includes the text and images of the top view.

The Shadow over Virtual and Augmented reality

When the screens being played over market place attract us, we seem to co-relate them being an essential aspect of our lives. Thus, it has completely changed our vision to communicate, travel and even buy things to a large extent. It is totally impossible for the current generation to escape from virtual reality.

Use of Augmented Reality in recent time.

The very first consumer validation has come from the real use of Pokemon GO. The Augmented reality was amazing and was played in the arena of smartphones. This game till date has been pretty much successful in validating and keeping customers to adopt augmented reality.

With Pokemon being launched during the year of 2016, there was a heavy implementation of smartphone applications. Snapchat, Facebook and various other domains have used the Augmented Reality versions on various social media platforms. Companies like Wayfair had adopted consumers the ability for giving live pieces of furniture. This feature is another replica of the Augmented Reality being used in the domain of house and self-use. Consumers who use the app were now more fearless when they had to shop the same items at the store. Now the store isn’t a place where you can choose the right product. In fact, you know what those products are how they look at your place.

How are smartphones coming to the picture?

Currently, smartphones which are equipped with good audio have been the best to authenticate the Virtual reality experiences. The use of VR has been a better access point in the market these days.

Fact is the Virtual reality is a matured step than compared to the augmented reality. Tools required for the creation of VR experiences are vastly available than Augmented devices.

Recently devices like the Oculus Rift, with a camera quantity of 360 has been giving quite good experiences of new pathways for VR system into the lives of people.

On the tourist domain, VR has been showing cases of useful implementation. The most recent version of tourist VR comes from the Jerusalem Visitor’s Bureau, where the VR has been used to showcase the city 5000 years ago.

On the contrary, the version of Augmented reality hasn’t been much applied and lacks the standardization protocols. This on the other side puts a higher price tag on the implementation of the process. Furthermore, there has been the utilization of Augmented Reality in industries and manufacturing, logistics including the healthcare sector.

It has been utilized mostly by companies such are Mera, HoloLens, Vuzix who deliver headsets. Amid all these, there is further work that needs to be done before these technologies come to adopt the mainstream market.

Where are the technologies going for?

Each of the devices that perform on Virtual Reality (VR) and Augmented Reality (AR) has been shown to provide a different level of user experience. The spectrum world has limited experience when it comes to VR.

The virtual reality headsets have been relying solely on smartphones to display most of their content. The problem with them is that they largely lack the quality of visualization and fail to deliver a drastic experience. Further, the use of headsets for longer duration make the usage less likely to happen.

The profound debate of Augmented and Virtual Reality will further come in consolidation in the future. The systems which are fast developing will have a future market which is likely to get more complex. The early signs of these trends are seen among standalone products and units. In the current domain of Virtual reality, the devices are becoming more complex and difficult to implement.

This entry was posted in Technology Market Research and tagged AR in healthcare, augmented reality, difference between augmented and virtual reality, Technology, virtual reality, virtual reality headsets, what is augmented reality, what is virtual reality on by .
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Did IoT bring substantial worthwhile changes in the recent decade?

Digitalization is grooming fast, with a potential to throw around 100 trillion dollars growth within the next ten years. With the fast pace, India is aiming to have a strong position to boost the GDP within the government programmes like “Make in India” and “Digital India”.

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Core Inbound Strategy

Core Inbound Strategy: How would employ it to grow your business?

There remains a huge amount of data which supports the success of a well-planned inbound strategy making it worth for your company. However, the term is still new in the market with skepticism being strongly reckoned.

The increasing number of social media platforms and tech-awareness among adults have expanded the ways to connect consumers. Today, the consumer has become reachable and closer than ever before. This has developed the need for clever inbound approaches to consumers.

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