There has been a crazy new trend of ginormous global companies dismantling into multiple entities as diversification isn’t a rage in the corporate world. Companies like Johnson & Johnson, GE, Pfizer, Merck, GlaxoSmithKline have recently announced their corporate divorces, but the splits are not confined to the healthcare sector. Many tech giants, global retail brands,
The long-hyped promise of 5G is gradually becoming a reality as communication service provides worldwide are battling one another to deploy 5G networks. While 4G networks are quick enough for most users for their internet needs, the next evolution of wireless networks is increasing at a rapid pace. Countries that want to stay competitive in
According to the World Health Organization statistics, currently approx. 463 million people are living with diabetes throughout the world. The number is set to rise to some 700 million by 2045. Diabetes is one of the leading causes of death globally, accounting for more than 79,000 deaths annually. The growing prevalence of diabetes worldwide due to poor lifestyle, inadequate physical activity,
The COVID-19 pandemic induced travel and transportation restrictions across the world led to a drastic drop in sales & procurement and disrupted global trade substantially. Worldwide merchandize trade fell 5.3% in 2020 as countries imposed lockdown restrictions to limit coronavirus spread. Although the world merchandize trade volume is expected to increase by 8% in 2021, the trade growth will
With growing environmental awareness and rising fuel prices, electric vehicles are getting more and more popular. Making a transition from conventional cars to electric cars can be straightforward as all the controls remain in the same place, but the only thing that creates a significant distinction is the fuelling connector. Electric vehicles require electricity to propel themselves,
As India’s population continues to grow at a rapid scale, its energy demands grow as well. Currently, India is among the top-three nations in energy use due to increasing urbanization, expanding carbon-intensive industries, rising power demands from commercial as well as residential sectors. In the next two decades, India’s population is anticipated to grow by 270
According to a report by the World Health Organization, over 430 million people (5% of the global population) require rehabilitation to address their hearing impairment, while approx. 2.5 billion people are expected to develop some form of hearing problem by 2050. Nearly 25% of the population above 60 years tend to develop hearing problems ranging from mild to severe in one or both
Retailers, market research companies, and consumer watchdogs conduct mystery shopping programs to check the quality of service in brick-and-mortar environments such as retail stores, restaurants, bank branches, and so on. The main objective of companies for executing mystery shopping is to ensure that customers have a consistent and high-quality experience at their sales locations and franchisees. The
According to a report by McKinsey & Co., brands with solid identities outperform their competitors by 73%. Although consumers jump from product to product at a flick of their wrists in the age of digitalization, brand relevance remains high, especially in categories that offer unlimited choices. Brand innovators are likely to grow up top-line four
According to a survey, 90% of the world’s business data is unstructured, and sorting through it to find what is pertinent to your business is not as easy as a snap of the fingers. Whether it’s a production concern or a customer service issue, data analytics highlights critical areas of concern to help companies become more proficient
