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IoMT: Bringing the benefits of Industry 4.0 to healthcare

August 14, 2023/

The Internet of Medical Things (IoMT) holds a promising future within the Indian healthcare scenario. Projected to exhibit a CAGR of 14.23% between 2023 and 2028, IoMT applications are swiftly proliferating, bringing about a transformative effect on patient monitoring and remote assistance. To fully harness its potential in real-time patient...

Digital economy, and the changing landscape of taxation

August 13, 2021/

Proper taxation of revenues generated from the country and its resources play a crucial role in economic development of the economy. For companies leveraging digital business models and earning profits without the need for physical presence in India, a framework to ensure fair taxation has become increasingly essential. Image credit:...

Post-COVID, the Indian economy has to make smart choices

June 8, 2021/

Prof. Nilabja Ghosh asserts that large scale computerization and mechanization, which have accelerated due to COVID-19, will inevitably reduce labour intensity of production techniques that will not be easy for a populous economy. To encounter this trade-off among health safety, competitive advantage, employment, efficient choices will be important as much...

Indian IT industry: Combating the pandemic and beyond

May 26, 2021/

While the Indian IT sector is showing robust growth prospects despite the COVID-19 pandemic, it needs to invest more in digital skills and improve its share in markets beyond the US and the UK. While the pandemic has been devastating for a number of industries, the Indian IT industry is...

How the pandemic remodelled the insurance industry

December 23, 2020/

COVID-19 has led to a paradigm shift in customer awareness, perception and product preference patterns for insurance products. Prof Veena Kumar, Director, CEC, explains why this calls for changes in the traditional advertising script and a shift towards near paperless digital transformation.  While the COVID-19 pandemic has destroyed businesses across...

Digital payments: A game changer for Indian MSMEs?

October 16, 2020/

India is stepping on the gas in terms of digital transactions, much in line with other major economies who are already experiencing the benefits of going cashless. The trend is proving beneficial for India’s MSME sector in particular, enabling them to ensure transactional convenience and widen their customer base. India...

Digitisation of logistics must be consistent with corporate strategy

September 21, 2020/

IIM Bangalore’s Prof. Amar Sapra suggests that before implementing digitisation of the logistics network, companies should endeavour to maximise the benefits from traditional supply chain planning – planning production well, keeping the right level of safety stock, high fill rate, route optimization, etc. Also, the technology adoption should be consistent...

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