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Showing posts from July, 2023

Key technology-driven trends in the healthcare industry

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  Disruptive technology is causing significant changes in the healthcare industry. To survive the tide, it’s important that businesses in healthcare keep track of the new trends and adapt accordingly. Here are six key technology-driven trends that are changing the way healthcare is delivered, accessed, and managed. 1. CyberSecurity With the evolving threat environment and rapid digitization of healthcare, there’s mounting pressure on the healthcare industry to bump up its investment in cyber-security. According to IBM, the healthcare industry experiences the highest number of cyber-attacks. Data breaches and attacks such as the recent WannaCry Ransomware have targeted the healthcare industry for sensitive data such as patient medical history, credit card details, email addresses and phone numbers. These attacks cost the healthcare industry billions of dollars each year. To offset the threat, healthcare organizations will need to improve their security infrastructure and increase th...

What Is Wannacry Ransomware And How To Protect Yourself

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  Cyber-attacks are common. But a cyber-attack that infects more than 200,000 systems across 150 countries in a span of two days is just mind-boggling. Such is the scale of WannaCry — a ransomware program that targets systems running on Microsoft Windows. So what is ransomware and what does it do? It’s a software that restricts access to a file or a system until you pay the hacker a sum of money. In the case of WannaCry ransomware, the software encrypts the victim’s files and demands a sum of $300 to $600 in bitcoin in exchange for access to your files, making the victim literally want to cry! From hospitals to telecom companies, government agencies to businesses, WannaCry ransomware has targeted them all, rendering thousands of systems useless.                                  Scale of the WannaCry Cyber Attack Protecting your system Some of the major sources of ransomware include links in emails,...

How patent analysis can help in future-proofing your business

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  There are few industries left untouched by technology disruption. From healthcare to media and publishing, disruptive technologies have opened several doors, while closing many others by making products and services obsolete. In this paradigm, some firms are leveraging patent analysis to stay relevant. Here are some of the key reasons for undertaking patent analysis. Identify trending and target technologies : Through patent analysis, business leaders can identify the direction in which current technologies are evolving. This allows companies to understand which technologies are important for entering new markets and identify disruptive technologies that could potentially be a threat to current products or technologies. Understand competitor strategies and focus areas : Some firms also undertake patent analysis to gain   competitive intelligence . Analyzing your competitors’ patents can uncover prominent technologies adopted by your competition, learn about their contributio...

Five key technology trends in electric vehicle charging

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  While the benefits of  electric vehicles  (EVs) are well known, one of the main obstacles to their mass adoption is the limitations in their charging infrastructure. In order to overcome them, some major firms are investing in better-charging technologies to support the wider adoption of EVs. We’ve highlighted some of the current technological trends and developments in  Electric Vehicle Charging  (EVC) based on our recent research. Fast Charging : StoreDot is working towards a one-minute recharging solution for electric vehicles. Efforts are being made to reduce the drawback of available fast chargers by developing universal fast chargers, ultra-fast chargers, and bidirectional fast chargers. Battery Swapping : Although battery-swapping provides a quick and efficient way for charging, existing battery-swapping facilities have failed due to their complex and expensive infrastructure, battery degradation, and incompatible batteries available at swapping station...

Renewable energy revolution looms end of fossil fuel dominance

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  As the world moves aggressively towards embracing clean, renewable energy resources- the day when fossil fuels get replaced, seems to be fast approaching. Key players in the industry are currently amassing more capacity for renewables every year than coal, natural gas and oil combined. Now, top that up with issues like plummeting oil prices and coal plant closures and the signs are clear- renewables have started to topple the dominance of fossil fuels. Renewables marred all the existing figures last year on several pointers including overall investment and new capacity development. Investments reached a whopping USD 286 bn and for the first time renewables contributed more than half of all added power generation capacity. This upward growth trajectory visibly highlights how far renewable energy has come from the days when it was all too readily disregarded as a niche segment. Going forward, renewables are expected to disrupt the existing patterns of global energy generation, cons...

Understanding The Different Types Of Image Annotation Techniques

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  Image annotation is a critical step in training AI models to understand and interpret visual data accurately. It involves labeling specific objects or regions within an image to provide contextual information for machine learning algorithms. Various types of image annotations and techniques are used to annotate different aspects of visual data. In this article, we will provide a comprehensive overview of the different types of image annotations and the techniques used to annotate them. Types of image annotations 1. Image classifications Image classification involves labeling images into predefined categories or classes. It aims to identify and categorize images based on their content. For example, classifying images as “cats” or “dogs” based on their visual features. 2. Object detection & tracking Object detection and tracking annotations focus on identifying and localizing specific objects within an image. This technique involves drawing bounding boxes around objects of inte...

Elevating Catalog Content: The Power Of Quality Content Audits

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In the fast-paced world of e-commerce, catalogs play a crucial role in providing customers with essential product information. However, maintaining the quality and integrity of catalog content can be a challenging task. That’s where content quality audits come into the picture. In this article, we will explore why catalog content quality audits are essential and how they contribute to compliance, accuracy, consistency, brand image, and the overall customer experience. Ensuring compliance: Mitigating risks and meeting regulations Compliance audits are a necessity for catalog content to adhere to industry-specific regulations and standards. Whether it involves legal guidelines or industry-specific guidelines, content quality audits ensure that the catalog meets these requirements. Compliance audits help mitigate legal risks and maintain the catalog's conformity with applicable regulations. For example, healthcare sector regulations may require precise product descriptions and safety ...

Through The Consumer’s Eyes: How Eye Tracking Analysis Influences Packaging

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  The average human eye retains an image for approximately 1/16 of a second, aligning with the brain’s ability to process around 12 images per second. This limited duration of visual perception highlights the rapid pace at which our brain and eyes work together to process visual information. Eye tracking technology typically enables the measurement and analysis of eye movements and gaze patterns. It provides valuable insights into how individuals interact with visual stimuli, such as products, advertisements, or interfaces. By tracking eye movements, researchers can understand what draws a person’s attention, how they process visual information, and their emotional and cognitive responses. In the case of the American multinational consumer goods corporation mentioned, Netscribes offered eye-tracking solutions to help achieve specific objectives. The objectives included identifying customer interactions with the brand’s products at a retail store, optimizing product placement, promo...