Logistics is usually referred to as a common industrial process but it is a set of process that includes a number of components such as people, inventory, equipment, and various types of materials. The components are then allocated and utilized for the common objective of industrial transportation. This seems similar to supply-chain management but both are different. Logistics is strictly…
Technology is revolutionizing every industry, and the travel and tourism industry is no exception to this transformation. From flight bookings to hotel bookings, from planning your itinerary to arranging your transport options for sightseeing - apps can do it all. Mobile apps are making tourists more independent and in control of their travel plans. One no longer needs to depend…
Revenue leakages are the preventable financial losses borne by a company. Even if these usually go unnoticed, they have a negative impact in the long run. Globally, nearly 1-5% of earnings are lost due to unchecked revenue leakages. Poor planning, manual errors, varying price models are all potential loopholes for revenue leakage. As for the manufacturing sector, the reasons for…
As we spend a lot of time on our smartphones now, it makes sense to have apps that allow us to function productively in the virtual space. And one of the most important developments in this regard is insurance and finance apps. Claims, managing policies, customer and agent onboarding are some of the key features that make auto, home, and…
Across the world, enterprises are shifting to newer technology to improve efficiency and customer connect. Apps help teams align and democratize processes. It improves reach within the organization, facilitates data sharing, and increases flexibility without interrupting the workflow. As an international business hub, Singapore is also latching onto this global trend, moving from legacy to modernized app-based methods of operating.…
Thanks to automation and app development, there has been a steady rise in efficiency and productivity across all industries. Automated production lines facilitate the production of a higher volume of goods. Programmable automation requires that the machine be continuously re-programmed to handle varying volumes in different batches. Apps developed for the manufacturing sector help meet orders, manage invoices, maintain customer…
As Artificial Intelligence grows smarter every day, various new technologies are being introduced into different industries. In the hospitality sector, for instance, there is a growing preference for chatbots. Chatbots are computer programs created to deal with customers, thereby decreasing the reliance on the hotel staff. From booking rooms to addressing grievances, translating, and pulling data to taking the load…
We are all increasingly aware of the reality that robots play a major role in our lives now. Whether it is in physical form - as a helper during surgeries - or in software, as in a chatbot solution, we are all surrounded by a bevy of machines that influence our lives in very significant ways. That’s why it should…
AI is now a fairly developed technology. It finds widespread use in multiple industries, like gaming, banking, commercial, retail, and government applications as well. The manufacturing industry has been slow to jump on the bandwagon, so to speak, only recently realizing the true value of Industrial Automation. AI-driven machines are now creating the future of our convenience - they offer…
With the Industrial Revolution 4.0, we are experiencing a wave of Digital Transformation. This wave of technology seeks to deliver greater value to processes across problems and solutions that confer positive outcomes as regards Business Efficiency, Customer Experience, and/or Business Innovation. Various technologies, such as SMAC, deliver a functional view of the marketplace to various organizations, thus helping them glean…
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