Tuesday, 21 November 2017

Digital Signatures to Gain Significant Popularity with Flourishing E-Commerce

A digital signature is a mathematical technique, which works on the principle of cryptography technology. It is used to check the authenticity of software, messages, and digital documents. It verifies the identities of parties involved, confirms transaction terms, and verifies originality of those terms. Owing to enhanced security and organized workflow offered by digital signatures, their use is poised to become a common business practice.

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BFSI to Remain Prominent End User through 2022

Digital signatures are becoming increasingly popular across verticals such as BFSI, healthcare, military and defense, retail, logistics and transportation, oil and gas, and government. Among these, adoption of these signatures in the BFSI sector is likely to remain high through 2022. Soaring need for enhancing the operational efficiency and providing security and user identity is fueling the demand for these signatures in the sector. Moreover, they ensure reduced document turn-around time and improved compliances. Growing popularity of online banking is also likely to augment the demand for digital signatures.

The retail sector is expected to emerge a promising end user of digital signatures. Widespread adoption of e-commerce and the need for improved workflow have led to the increased usage of these signatures. Service providers are developing electronic signature services suitable for both online business and customers. For instance, in October 2017, Power i4 Solution introduced an electronic signature service NowYouSign. This cloud-based service sends a unique link via email that directs to an online business document that can be signed using a mouse, a keyboard, or a touchscreen on any device that can be connected to the Internet.

Market Insights

Heightened competition and economic uncertainties are compelling businesses to pay high attention to cost reduction and improvement of enterprise efficiency. This, in turn, is anticipated to provide a fillip to the global digital signatures market. Increasing cases of tempering and forgery in procedures involving software distribution and financial transactions can also work in favor of the market.

U.S. will be a key revenue contributor in the global arena, finds a report added by Radiant Insights Inc. The growth of the region can be attributed to favorable government initiatives and strict cyber laws. Some of the prominent players in the market are SIGNiX; Topaz Systems, Inc.; RightSignature LLC; HelloSign, Inc.; and SafeNet.

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Monday, 20 November 2017

Smart Transportation: Enabling Safer and Better Transport Systems

Smart transportation refers to a highly developed application that aims to provide “smart” services relating to modes of transport. Smart transportation encourages safer, coordinated, and smarter use of transportation. It combines communications technology and different types of data sets to create a system network that could help protect roads, manage traffic, and improve traveler safety among others. 

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Some of the major benefits offered by smart transportation are:
  • Improved safety
  • Better traffic control
  • Reduced infrastructure damage
Constant Advent of New Solutions to Boost Smart Transportation Growth:

The key solutions of smart transportation are smart ticketing solution, traffic management solution, parking management solution, integrated supervision solution, and passenger information solution. The integrated supervision solution systems hold major growth potential. These systems are used for minimizing the road accidents and traffic blocks while providing enhanced safety solutions.

Parking management is a smart system that can optimize parking programs and provide drivers with convenient solutions. These systems include exit ticket reader, ticket dispensers, and decentralized payment collection unit, security, and access control. Traffic management systems can effectively manage traffic by minimizing jams on the roads. These systems include traditional video surveillance and signaling system, smart video management systems , smart signaling systems, and route guidance systems.

Growing global issues related to traffic congestion as a result of high number of vehicles, lack of parking space, inefficient infrastructure, and poor traffic management are expected to boost the demand for smart transportation over the coming years.

Market Overview:

According to a research study available on Radiant Insights, Inc.; the worldwide smart transportation market is predicted to have a steady growth over the forecast period (from 2016 to 2022). Government initiatives across the world for reduced green house emissions are anticipated to fuel market growth. Major focus on incorporating smart technologies with the available transportation systems is also likely to support growth in the forthcoming years. Some of the key companies in this market are Cisco Systems, Inc.; General Electric Company; Alstom SA; TomTom International B.V.; and Kapsch TrafficCom AG.

With digital transformation of the transportation industry more and more people are preferring transportation as a service. Thus, to solve the transport needs of the future and improve passenger experience, Keolis has introduced innovative transportation solutions that enable more connected, autonomous, and shared mobility. Keolis recently showcased their latest innovations at the Intelligent Transport Systems (ITS) World Congress. Their innovations include Plan-Book-Ticket Solution, IoT and Connected Buses, Navitia, and Navya.

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Laundry Detergent Manufacturers to Incorporate Added Features into Products to Widen Consumer Base

Laundry detergents are primarily used in commercial and residential applications. In the commercial sector, these detergents find application in the hospitality industry, textile industry, and laundry services, among others. Residential applications include household cleaning. Consumers are patronizing those laundry detergent manufacturers that remain true to conventional values of convenience and high performance, but also offer top-up features such as wrinkle reduction and fragrance.

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Rising Disposable Income to Trigger Demand for Neutral Detergents

Laundry detergents can be weak alkaline detergents or neutral detergents. Sales of weak alkaline detergents are expected to remain high through 2022. Weak alkaline detergents are manufactured from strong alkalis and weak acids. They were introduced earlier than alternatives and are available at cheaper prices, which has been driving their adoption over past years. Moreover, they are highly effective in removing soil and inorganic dirt and exhibit strong dirt-carrying capacity. However, weak alkaline detergents produce a substantial amount of foam, which has adverse effects on the environment. Besides this, they are not very effective with hard water, which in turn is anticipated to hamper the growth of the segment.

Demand for neutral detergents is estimated to surge in future. These detergents are safer for the environment as they produce lesser foam. Moreover, they are easier to rinse and more effective in hard water. They are highly effective in removing grease and oil stains. Despite being costlier, rising awareness regarding environmental conservation and increasing disposable income of people are likely to rev up the adoption rate of neutral detergents.

Market Insights

Manufacturers are paying attention to development of new formulas, packages, and marketing strategies that will enhance the visibility of their offerings. For instance, in August 2017, Procter & Gamble introduced child-guard detergent packet tubs, which keeps children away from toxic detergents. Rising focus on product differentiation is likely to provide an upthrust to the global laundry detergents market. Aggressive marketing and advertising strategies by manufacturers are poised to work in favor of the market, indicates a report added by Radiant Insights Inc. North America will hold a prominent position in the global arena, thanks to high consumerism in the textile industry.

Some of the key players in the market are Shanghai White Cat Group, Reckitt Benckiser, Unilever, Henkel, and Church & Dwight.

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Self-monitoring Blood Glucose (SMBG) Devices – An Integral Diabetes Management Tool

The expensive nature of doctor-recommended tests have led to high sales of self-diagnostic testing kits. Self-diagnostic kits are easily available in pharmacies and online. Self-monitoring blood glucose (SMBG) devices can be used by pediatrics and geriatrics to check their blood glucose levels. They can display predictive warnings regarding hypoglycemia and hyperglycemia.

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According to the World Health Organization (WHO), incidence of diabetes had risen to 422 million in 2014. If left untreated, it can lead to stroke, kidney failure, and heart attacks. Various governments have made it mandatory to include diabetic testing in health reimbursement schemes. These schemes are expected to lead to higher purchase of SMBGs and invoke a new revolution in diabetes management.

Integration to Mobile Applications

Three major types of SMBG devices are blood glucose lancets, blood glucose test strips, and blood glucose meters. Blood glucose meters can gauge high glucose levels instantly. They are integral to the geriatric populace or consumers unable to make hospital visits. Companies have devised a non-invasive method to detect glucose levels without causing patients any pain or discomfort. Glucobeam, a non-invasive device developed by RSP Systems, can detect glucose levels immediately. It can conduct nearly 4-8 tests in a day. In addition, the integration of SMBG meters with smartphone applications lets users check hyperglycemia levels against past tests.

Roche Diagnostics AG, a division of F. Hoffmann-La Roche AG, introduced two blood glucose meters, namely the Accu-Chek Guide and Accu-Chek Instant. Both these devices will be able to connect to Medtronic insulin pumps as a result of an agreement between Roche and Medtronic. This development will benefit consumers of both brands by providing blood sugar level data on a common platform. Both devices can share their readings with the help of a mobile application.

Market Overview

The global self-monitoring blood glucose devices market is projected to attain high revenue by 2022, according to a report on Radiant Insights, Inc. High prevalence of diabetes is expected to drive market growth over the forecast period (2017-2022). Current trend of self management of lifestyle diseases is projected to influence market demand during the forecast period. Increase in government healthcare expenditure can drive market sales. On the other hand, lack of consumer awareness regarding these devices and unclear government production guidelines may impede market growth.

Prominent market players include F. Hoffmann-La Roche AG, Bionime Corporation, Abbott Laboratories, and Medtronic Public Limited.

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Thursday, 16 November 2017

Healthcare Providers to Count on Call Center Software for Improving Patient Services

In recent times, call center software has become a necessary feature for any call center to oversee and track the performance of their employees. To enhance productivity, the software comes with a plethora of features such as call recording, quality monitoring, and agent scripting. It can be housed and distributed in two different ways – it can be deployed on-premise and transferred throughout a company network, or it can be provider-hosted and distributed over cloud.

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Adoption of Call Center Software in BFSI to Remain High through 2022

Call center software can be used in various industries, including retail and consumer goods, IT and telecom, travel and hospitality, media and entertainment, banking, financial services, and insurance (BFSI), healthcare, and government. BFSI will account for a substantial share through 2022. Digitization has transformed the way players in the BFSI sector market their solutions and customers interact with organizations. Players are providing services through multiple touch points, including video, voice, social media, and online banking. Due to increasing globalization of financial services, call center software is expected to play an instrumental role in the sector. The software helps players improve customer retention and brand loyalty by offering enhanced services and managing customer queries on a real-time basis.

Healthcare is projected to register steady growth during the same period. Healthcare providers are implementing software in their call centers to improve patient services. For instance, in October 2017, Emory Healthcare implemented the call center software ProviderMatch by Kyruus into its consumer website and center to deliver consistent and efficient patient services across the enterprise. The software helps in enhancing call center efficiency by combining several separate scheduling workflows into a single solution. Retail and consumer goods will also emerge a promising end user segment through 2022.

Market Insights

Rising need to automate in-bound and out-bound operations can stoke the growth of the global call center software market. According to a report added by Radiant Insights Inc., growing inclination toward cloud-based call center software along with increasing penetration of virtualization can also augment the market. Faster scalability, deployment, and flexibility of cloud-based software is triggering their demand, which in turn is reflecting positively on overall adoption. On the flip side, lack of personnel with adequate technical knowledge, especially in developing countries, can inhibit the upward climb of the market. United States will hold a prominent position in the market, owing to early introduction and high adoption of innovative and advanced technologies.

Some of the prominent companies operating in the market are Calabrio, Inc.; PanTerra Networks; Innitel Telecom; Snapforce Technologies; and Primo Dialler.

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Ion Exchange Resins to Emerge Environment Savior with Increasing Use in Wastewater Treatment

Ion exchange resins are polymers that act as a medium for ion exchange in a solution. They are typically in the form of small microbeads fabricated from an organic polymer substrate and act as a support structure or insoluble matrix. These resins have the ability to remove chlorine and organic compounds from water. Therefore, demand for ion exchange resins is anticipated to experience a significant push with the spiraling need for clean drinking water.

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Demand in Pharmaceuticals to Rise at Healthy Pace

Environmental protection will continue to account for a large share in the market through 2022. Rising concerns regarding environment degradation coupled with increasing measures taken by governments worldwide are encouraging the adoption of ion exchange resins for environmental protection. For instance, Lanxess AG says that its Lewatit ion exchange resins and reverse osmosis element of its Lewabrane brand are being used in wastewater treatment in the Tiruppur region of Tamil Nadu, India. Hundreds of textile industries were discharging massive volumes of effluent, generated during bleaching and dyeing of fibers and fabrics, into the river Noyyal, which is an important source of potable water for the entire region. At present, about 24,000 cubic meters of wastewater is being treated in the region everyday with ion exchange resins and membrane elements from the company, thereby promoting environmental protection.

Pharmaceuticals will register a remarkable growth between 2016 and 2022. Growing prominence of ion exchange resins in drug delivery systems owing to their efficiency is expected to contribute to the growth of the segment.

Market Insights

Ever-increasing demand for power in the form of electricity is poised to help the global ion exchange resins market gain significant traction. Rising dependence on green energy sources such as wind energy, biogas, and nuclear energy is boosting the importance of feed water quality. Rapid industrialization and urbanization are also estimated to provide a fillip to the market in near future. Besides this, technological improvements can play a significant role in the development of the market, according to a report added by Radiant Insights, Inc. However, protean raw material prices can inhibit market growth.

Southeast Asia and China are anticipated hold prominent positions in the market throughout the forecast horizon (2012 to 2022). Depleting natural water resources and increasing industrialization can work in favor of the market in these regions. Some of the key players in the global arena are The Dow Chemical Company, Mitsubishi Chemical Corporation, Samyang, Finex Oy, and Purolite Corporation.

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Wednesday, 15 November 2017

Soft Mist Inhalers - A Perfect Remedy for Chronic Diseases

Increase of pollution and various irritants in the air has gradually increased the possibility of chronic diseases such in the human beings. These diseases are non-curable and require extra precautions through a lifetime. Patients suffering from such diseases as face major respiratory issues, which can be controlled by using soft mist inhalers.

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Growing Health Awareness to Promote Sales of Inhalers

The major product-variants of soft mist inhaler are asthma and Chronic Obstructive Pulmonary Disease (COPD). Continuous exposure to various irritants and substances which could trigger allergies can contribute to the growth of asthma symptoms in humans. Increase in the number of patients suffering from asthma propels the demand for inhalers. To cater to the inflating demand of asthma inhalers, most manufacturing companies are doing R&D to develop products which are better and innovative. For instance, two Georgian entrepreneurs Bacho Khachidze and Lasha Kvantaliani have invented a device named Treepex. The device can transform polluted air into fresh oxygen.

Moreover, COPD inhalers are also playing a significant role in the growth of this market. Though patent expiry of drugs being used in the inhalers and government regulations are obstructing the market growth. Yet, there are few public and private organizations contributing through some supporting initiatives to alleviate the sufferings from respiratory diseases. By spreading health awareness and improving the respiratory care globally, these organizations have fairly contributing to the market growth.

Market Insights

Increase in global ageing population and prevalence of chronic diseases such as asthma and COPD may propel the soft mist inhalers market. In addition, excess of cigarette smoking and increasing air pollution are also contributing to respiratory issues growing in humans. Considering these facts, most manufacturing companies are continuously working on product development. The initiatives being taken by the government and non-government organizations to spread health awareness can augment the growth of the market at a phenomenal CAGR during the forecast period (2012 to 2022), according to a report on Radiant Insights, Inc.

Some of the key players contributing the market are Respimat, AstraZeneca PLC, Propeller Health, Teva Pharmaceutical Industries Ltd., and Boehringer Ingelheim GmbH

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