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One of the key drivers of the global economy is the manufacturing industry. According to the World Bank, this industry itself accounts for nearly 17 % of the global GDP. Unfortunately, the industry has always been plagued with several problems including quality control and inefficiency. Apart from this, complex and…
Read MoreBe it the outbreak of E. coli in Romaine Lettuce that was highlighted and recalled by Grocery giant Walmart or the incidence wherein defective accelerator pedals sold by Toyota resulted in several accidents or the case of tainted oral polio vaccine containing strains of type 2 polio vaccine virus, there…
Read MoreThe multi-billion-dollar consumer electronics (CE) industry is one of the most dynamic industries. Over the past couple of decades, it has undergone rapid changes with the market being primarily governed by the way products are being positioned, purchased and re-ordered. Furthermore, the industry is also underpinned by endless chain of…
Read MoreSocial media giant Facebook recently had to bear the brunt of regulators for mishandling user data. According to report shared by New York Times, Facebook had shared sensitive user data with more than 60 device makers, including Apple and Samsung thereby staking confidential data of millions of users. While the…
Read MoreThe supply chain ecosystem has become extremely complex with an ever-increasing number of players involved in developing, manufacturing, marketing, and distribution of products. One of the most indispensable links of the supply chain that concerns the transport, as well as storage of temperature-controlled logistics (food and pharmaceutical) is the cold…
Read MoreThe agricultural sector of the country is the primary means of income for over 58% of the rural families. Yet it is plagued by several problems and challenges. However, the grim situation of the Indian Agricultural industry has finally managed to gather the focus and attention it rightly deserves with…
Read MoreRaghuram Rajan – one of the most prominent economist and 23rd Governor of RBI (Reserve Bank of India) suggested in his 2008 report on the Financial Sector that interest-free banking (Islamic banking) should be practiced on a large scale. This was recommended with an intention to provide access to people…
Read MoreOf all the diseases that have plagued the human race in decades, cancer tops the list for being the most grievous one. The name itself makes shivers run down the spine, for what this dreadful disease results in. While the medical science and technology is evolving day by day, still…
Read MoreThe technology landscape is abuzz with a new yet promising technology, ‘Blockchain’. The distributed ledger technology (DLT), has disrupted the IT landscape in ways that has not been witnessed since the arrival of internet. The technology that underpins Bitcoin will make organizations more transparent, democratic, decentralized, efficient, and secure. While…
Read MoreThe automotive industry is moving quickly towards an era of intense change. In fact, the future of this industry will be starkly different from that of today and will soon be more than just an industry about vehicles. However, the current industry landscape is exposed to certain challenges such as…
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Certum (sofoChain), the Blockchain based Supply Chain solution by Sofocle, won the award of being the ‘Most Innovative Blockchain Solution’ at NIPP Challenge, National Hackathon by NASSCOM and LTI.
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