Top-6-Healthcare-Technology-Trends-2020.

Top 6 Healthcare Technology Trends in 2020

The healthcare industry is no way left behind in adopting cutting edge technologies to transform the way it’s working. The industry is striving to meet the challenges faced in the 21st century. The adoption of technology in the healthcare industry continues to rise in the coming years. 

Here are the top 6 technology trends that will lead in 2020. 

Wearable Tech

Today, wearable technology is much more than a step tracker. More than 80% of people are willing to wear wearable tech to keep track of health. There are many other variants of wearable devices such as ECG monitor that detects atrial fibrillation and deliver reports to the doctor, smartwatches tracking heart rhythms, self-adhesive patch sensors that track temperature and heart rate. The worldwide revenue of wearable medical devices is expected to reach $30–90 billion by the end of 2025.

Robotics 

The global medical robotics market is estimated to grow at a substantial rate to reach $20 billion by 2023. Robots specialized for human treatments comprise surgical robots and rehabilitation robots. Most of the robots assist doctors to examine and diagnose patients living in the countryside by telepresence, to deliver medical supplies, to sterilize hospital rooms, to package medical devices, in lab automation, to help patients to rehab or with prosthetics. Some robots help doctors in operations, therapeutic massage cobots. 

3D Printing

The adoption of 3D printing is one of the ways the healthcare industry is transforming. It is enabling medical professionals to offer patients a new form of treatment. Now, the surgeons can reproduce patient-specific organs, bones, and blood vessels with 3D printing that will help them to prepare for operations and procedures. 3D printing is used to develop advanced surgical cutting and drill guides and also for prosthetics. 

Computer and Machine Vision

Computer and machine vision technology helps medical professionals not only to save their time on basic tasks but also to save the patient’s life. The technology offers a precise diagnosis with the slightest presence of any condition that might be left out by the doctors. Also, it helps to detect fatal illness in its early stage. Machine vision can tell how much blood the woman loses in childbirth that allows the doctor to take appropriate care to the mothers. 

Blockchain

Blockchain technology is of significant use in the healthcare industry to maintain medical records. It places the patient at the centre of the ecosystem. Blockchain records clinical trials in real-time that provides more accurate and elaborate data for health research. The technology also helps in preventing drug fraud. It keeps watching the entire manufacturing chain of each drug. Any transaction that takes place is recorded in a block. Blockchain technology addresses the issues related to medical billing with its decentralized records and ease the payment process and prevents forged transactions. 

AI and Machine Learning

AI and Machine Learning continue to transform the healthcare industry in the digital age. The technology offers more advanced ways to detect disease, diagnose conditions, to formulate treatment plans. It also helps to automate tasks and analyze big medical data to deliver better healthcare services. The application of AI and ML is increasing due to continuous demand for wearable devices, digital medicine, and efficient working methods. 

The technologies provide numerous opportunities in the healthcare industry helps millions of people with efficient delivery of services.

drone-delivery | aarkstore blog

How Drone Delivery Market Might Look in 2020

A machine sounding like the buzzing of honeybees brings you the package you want to get delivered at your doorstep within a few minutes or hours of ordering. Fortunately, in the fourth industrial revolution, it is soon possible with the drone system

The delivery system is in great demand due to increasing e-commerce space. Many business organizations are finding ways to incorporate drones for delivery. 

Recently, the Alphabet’s Wing is set to test its first commercial drone delivery service in the U.S., the step is a leap forward in the delivery service industry. The wing has collaborated with Walgreens and FedEx for its first drone delivery service test. 

The second-largest pharmacy store chain in the U.S, Walgreens will be the first U.S retailer using a drone to transport a package from the store to the customer’s place. The multinational courier service provider, FedEx will also become a first logistic provider to carry out e-commerce drone delivery.

Drone delivery system

Drone delivery is soon going to be a reality.  It is an autonomous vehicle used for transporting lightweight packages. Generally, drone delivery service is used for time-sensitive items such as medicines, blood or items that would be strenuous delivering by traditional vehicles.  Drones can meet easily than delivery vans. 

Scope of Drone Delivery in 2020

  • The drone delivery has a great scope in the future in various industries. They come in handy when there is an urgent requirement. It can supply urgent medical supplies quickly to the area where it is needs bypassing the traffic congestion. 
  • Drones will prove as a great savior in meeting the health care needs in rural and densely covered areas where doctors are miles apart to provide medication and supplies. 
  • They also have the potential to provide supplies in the area obstructed by natural disasters where the arrival of humans on time is difficult. The delivery can parcel the necessary things within no time.

Benefits of adopting a drone delivery system:

  • Reduced roadway congestion 

The use of drone delivery will help reduce roadway traffic congestion by delivery vehicles. Hence, the delivery is speedy to deliver the package.

  • Reduced greenhouse gas emissions 

Drones don’t require gas or any type of fuel to function except electricity. This will lead to a reduction in the emission of CO2 as well as harmful greenhouse gases. 

According to the study by Nature Communications, small drone delivery carrying a one-pound package can reduce greenhouse gas emission by 54% as compared with a diesel truck in California. 

  • Improved safety 

The packages can be easily and safely transported via drones. There will also be no concern about breakage or accidents. 

  • Flexibility to divert the route

As compared to conventional delivery vehicles, drone delivery posses greater route flexibility. They can divert their routes without any disturbance. 

Limitations of Drone Delivery:

Drone delivery depended on technology, also comes with some limitations such as:

  • Limited package weights

Drone delivery is limited to transport lightweight packages. It can delivery heavy or large items. 

  • Unpredictable events

Drone delivery is limited to abnormal events such as weather, vandalism that can hamper delivery. 

  • Requires control system

There are chances of collisions as the deliveries are in more commonplace. Hence, the airspace control system and collision avoidance system are needed. 

  • Time limit

Drone delivery has constraint flight times due to their bound by the battery. They need to get charged. 

Nevertheless, drone delivery will soon be ruling the delivery industries. They will soon improve the traditional ways of delivering packing making delivery more efficient.

Monday Market Tips- Aarkstore Blog

Market Research Tips for Inventions and Patents in 2019

Market Research is an important step for any product and service. However, most of the time it is skipped. Inventors want to know about their target market for their inventions. Before investing for invention, the worthiness of the product should be gauged. Here market research comes handy. 

Usually, inventors tend to conduct prior art searches before introducing new products. But, prior art search is associated with inventions and patents. Many innovations never become products and services. Because there are no proper statistics available. Hence, most of the time prior art search is conducted. 

Prior art search only finds the details about existing knowledge. But that is not sufficient to bring your innovation in the market. To find that invention is innovative, there arises a need for research. 

To introduce your invention in the market, market research is essential to know the market trends as well as intercepting the generation of already existing ones. 

Market research provides a detailed evaluation of different markets related to inventions, patent environment, persisting and future products. Market research helps to understand market size, market needs, and competition.

Role of the Market Research in inventions and patents: 

  • The market research reports provide information about various markets as well as the top active market. For example, if an invention is supposed to be used in 20 different industries, from which 15 are the top active industry, then the market research reports advise the appropriate industries for the invention product. 
  • Competitor analysis is apparent to introduce any product or service. The market research helps to analyze the competitors in the market, to identify technologies competitors they are using and products they will be introducing or already have introduced. This helps the inventors to touch the area competitors haven’t touched.
  • The understanding of the market trends, active companies, patent drafting is at ease. The patent drafter can prepare a clear and proper patent application that will add more value.
  • Market research reports also offer information about the leading companies. The reports provide knowledge about technologies, products similar to that of the invention. This helps to understand the newness of the invention. By gathering the information about leading companies it also helps the inventor for business partnerships and licensing. 

Inventions and patents is a long process. Hence, it is suggested to conduct market research to bring the ideal product in the market. Market research helps in deciding which product or service to take in the market first that will be beneficial.

food-research-markets

Food Robotics Market Trends 2019

Recently, Starship Technologies has rolled out its robot delivery service to one of the U.S largest universities, UW-Madison. The university has deployed 30 robots for food delivery in the campus. 

Robotics has changed the way the food industry used to work. It is transforming most of the sectors of the food industry from manufacturing, packaging to delivery and tracking. 

This is not the first university to deploy robot delivery service. Many universities have already experimented and results were fruitful. 

These robots are the small box type tiny vehicles that can carry weight up to 20 pounds. The delivery is fast-moving depending on the item and distance. 

The Gen Z population is advancing and they want services from a few taps on their smartphone. Colleges are finding ways to offer students convenient ways to order food to save time. 

The recent global food robotics market research report suggests that the market is expected to grow at a substantial rate by 2023.

Robotics in the food industry has improved the efficiency of the working process. Many food processing and packaging companies are adopting robotics as well as artificial intelligence to improve food safety, reduce workers’ injuries and systematize the process. 

Robotics is empowering food manufacturers to keep records of the consumers. It is assisting manufacturing companies to track the products and demand of the market. This has helped manufacturers to keep abreast of growing trends of the market and accordingly match the production. Robotics handle food safely to prevent any contamination.

Due to the growing concern for food safety and hygiene, many new companies are emerging to come up with cutting-edge robotic technologies. 

KUKA Robotics, the leading manufacturing company of Europe that provides robots for the entire food industry process chain.  They have a wide range of robots that serve various needs of the food industry. The robots are designed for hygienic maintenance,  food packaging, custom processing, and logistics systems and for the food processing industry. 

The adoption of robotic systems has observed the growth of several food sectors such as meat processing, dairy and dairy products, and ready foods.

Also, other technologies are revamping with food robotics. For example, machine vision technology is highly used in food robotics due to its use for food quality assurance.

Recently, Singapore’s Food Tech company have launched the country’s first robotic concept restaurant. The restaurant is fully-automated, includes taking orders as well as cooking. The food is prepared by the robot chef, D.I.A.N.A, manufactured by Epic Food and Beverages.

Is there any risk factor involved?

The concerns raised when high-tech Henn na Hotel in Japan where robots are in service, reported that its robots in the room can be hacked. The questions raised for the security of other machines as well. 

However, there is no reason to worry about hacking. Food data usually collect data on Who bought what, what time of day it was, where were they, what was the weather outside, how much did they spend.

But attention should be paid to how the data is used in the food industry. The consumers are not aware of what they are signing up for. 

Food demand is increasing with the increasing population. The food suppliers are under pressure to serve the demands.  The companies are adopting robotics for countless reasons. The food robotics market is projected to see lucrative growth.

Roadmap of 5G infrastructure

5g Infrastructure

Multiplication of smartphones has led to the data traffic obstructing the working of existing networks. The obstruction is leading to the demand for high range bandwidth. The introduction of high-end technology, fifth-generation(5G) communication network is believed to curb the speed

barriers and allow faster data transmission.

To overcome traffic and security issues, the market is expected to build high-end infrastructure for 5G rollout. The construction of the 5G infrastructure had to be built in certain standards. Currently, various organizations such as Open Network Foundation (ONF), 3rd Generation Partnership Project (3GPP) and International Telecommunication Union (ITU) are discussing the norms and spectrum for the 5G network.

According to the recent market research report, North America will be leading regions across the world in terms of market share owing to the increasing need to ensure the seamless availability of mobile data across the region. 

Several factors are leading to the growth of the 5G market. The increasing demand for sky-high speed, repositioning of communication networks from hardware to software and soaring data traffic has enabled marketers to take a step forward to build 5G infrastructure that will increase the flexibility of their users. 

However, some challenges can hamper the building of 5G infrastructures such as high cost, device availability, deployment of small cells, spectrum allocation and fiber backhaul availability.

5G network will have small cell concepts such as femtocells or microcell that will transmit high data by covering less number of users under each cell. Small cell deployment will be an expensive business as it needs to cover a large region. Also, several operators are not able to deploy it due to issues faced by local authorities and regulatory bodies. 

5G network is a cobweb of gigabytes leading to traffic, it thus needs to reform the entire spectrum accompanied by up-gradation of architecture. 

According to Heavy Reading’s Mobile Operator 5G Capex, total expenditure on 5G infrastructure is expected to reach $88 billion (€78.4 billion) by 2023.

5G will see a high-cost involvement with a completely new backhaul. However, this will drive the industry to develop new technology that can efficiently expand the 5G infrastructure. Researchers are already exploring particular technologies related to 5G to serve for the deliberate use of 5G infrastructure.

Tata,Infosys and Wipro to offer AI Platforms in business operations

Artificial-IntelligenceThe three IT giants are all set to invest in Artificial Intelligence platforms to improve delivery of solutions and drive faster growth from their clients. The companies are also trying to provide AI platforms separately to clients now which was earlier only a part of solutions.
All three companies are running their AI platform under specific trademarks. Tata consultancy services has Ignio, Wipro has HOLMS and Infosys has Nia. Out of the three only Ignio by TCS has an independent revenue of about 60 million. It’s been reported that TCS aims to drive this number to 100 million by the end of this financial year. Infosys Nia is being implemented across a wide range of already existing service lines.

According to analysts, Wipro’s HOLMS has already been applied to about 350 clients out of the company’s total of 1250 clients.
The automation platform and the AI system help in detecting abnormalities and defects and also in invoice processing.Artificial intelligence is now in use to provide solutions to difficult and complex business problems.

In one of the cases Infosys Nia launched CollectEdge to help banks and credit unions to conduct collection processes.It has been a close competition between the three platforms as Ignia appears to be better at execution while Nia has been having vague results. Wipro Holms has a strong technological infrastructure backing.But since the requirement for AI solutions is still low, the companies have to promote usage of the same.
Even though some parts of the platforms created by these companies are AI, much of it is still regulated on rules and instruction programming. “The Indian service providers are taking advantage of a key change in the market where IP is now becoming much more important and clients expect and reward service providers that bring some of their own IP to the table,” said Bendor-Samuel, CEO of an IT advisory firm.

With Wipro aiming to increase the use of HOLMES, Wipro CEO Abidali Neemuchwala in a recent interview said “Now, the person (Rohit Adlakha) who runs Wipro HOLMES is also my CIO, so there will be more deployment. Over 15% of the work is being done by bots in fixed price projects,” Even though it appears that Infosys has not officially divulged Nia’s independent revenue, Atul Soneja, the SVP and Global Head of Infosys Nia, said it was a revenue generating product with targets.

“Infosys Nia has been implemented at several Infosys client organizations to generate deep insights and discover new opportunities to optimize and automate complex business processes,” Soneja said.

Ambani announces commencement of Jio GigaFiber offering unbelievable speeds upto 1 Gbps

Reliance Jio GigaFiberReliance Jio chairman Mukesh Ambani, has finally announced the commencement of ultra high speed internet broadband JioFibre from 5th September, 2019. JioFibre is expected to range between speeds of 100mbps to 1gbps through landline broadband connection. Ambani made this announcement at this year’s Annual General Meeting.

Along with the broadband service Jio will also provide a 4k set top box free. To make the offer even more tempting, Jio is giving away free HD or 4K LED TVs free as part of the welcome offer to annual subscribers.

As part of his speech, in last year’s AGM, it was announced that Jio would be accepting pre registrations for jio fibre from Indan households. It received 15 million registrations for residences from 1600 towns. One the basis of this Jio plans to launch the service for 20 million homes.Jio has performed many trials last year and expects to complete the fibre to home rollout in the next 12 months. The Infocomm giant expects to raise its revenue starting from this year onwards. Though this has not come at a small cost to the company. Jio invested 3.5 lakh crore building infrastructure and laying of optic fibre. Along with this Riliance seems set on its path to become a zero net debt company in the next 18 months, says RIL chairman and managing director Mukesh Ambani.  

The landline phone can be used to make voice as well as video calls for free.As part of the bundle of OTT apps that Jio is providing along with the JioFibre connection, voice calls from the landline to any other mobile or landline will be possible absolutely free of cost for life. Video calls using the set top box and the TV screen will also be available as long as the TV is connected to a webcam.

The speculated tariff plan range has also been released.The plans for JioFibre are going to start from Rs 700 and, depending on the services included,may go upto Rs 10,000.An all inclusive plan will also include watching movies as soon as they are released. Jio will allow users to enjoy premium movies on their JioFibre TV screens at the same time as they are released in theatres. This feature will not be available immediately but is expected to start from mid of next year in 2020.

The day JioFire is set to commercially commence also happens to be Jio’s 3rd anniversary. 

Why Chatbot Surveys Are The Future Of Market Research?

ChatbotBe it education, healthcare, food, or even travel or communication, the use of AI chatbot is spread in several sectors. Many industries put efficient use of chatbots to answer simple queries. Chatbots are being viewed as a great source of medium to understand the consumer. It is considered to be highly useful for the marketing teams as they can improve the brand or product based on Chatbot interactions with consumers.

Chatbots can help increase sales and have a better potential for the company’s growth. Since there’s a lot of information getting shared on various online platforms, these are also used for chatting with one another instead of texts and messages. 

Large companies typically design smart chatbots to eliminate human errors and to effectively put forward the company’s exclusive features in front of consumers. 

For example, MYRA the smart chatbot introduced one of the largest financial organizations in India, ICICI is robotic assistance which can solve your queries throughout the day. The product made it to the news when it sold more than 6 lakhs insurance policies to customers. This was something that the robot did part from assisting the regular customers of the bank. 

As per recent market research, chatbots collect data through their chats with customers. By solving the regular queries of customers, a smart chatbot can help you understand the loopholes in your marketing or services. It essentially helps you have a SWOT analysis of your services and the company. 

Not only is the method cost-effective, but, it is also revenue-generating for several companies. With detailed feedback of the consumers, the company can minimize inefficiency level while improving the quality of product and services offered to the customers. In this case, Amazon’s Alexa is a common example given in the smart Chatbot industry. 

Since it can communicate with hundreds and thousands of customers at once, a smart Chatbot single-handedly answers different queries of consumers and help deliver success. It will be exciting to see the research and development projects in the field of data science are helping the Chatbots industry to take it the next level in the market.  

 

Blockchain development ensures the safety of Data

blockchainBlockchain Development Security has taken up a crucial place in the modification of security measures. As a result, more and more companies are adapting to the broader security technology measures.

The blockchain based security has been a remarkable thing in recent times, which most of the blockchain development companies have paid to witness most. The information gathered on blockchain is continually stored separate, within every network which it gets connected to.

For instance, if anyone wants to alter any part of the code, say for example a hacker, one single change cannot trigger mass changes. The system must be individually enhanced. Further, most exchanges and data are coded and encrypted. All of these make the use of blockchain a safer option in protecting mass data, as it does not store more data at a single point of source.

Below processes help in making Blockchain a remarkable aspect for security purpose.

Decentralizing:

Blockchain helps in the creation of many series of computer network chains, which is a loop is a peer to peer network domains, which is difficult in influencing or even exploiting. This is a massive ledger of encrypted information, which is further made available to many parties who wish to get involved.

Transparency

In response to peer connectivity, most of the information of blockchain has been readily verified. This means that once the transaction begins to take place, the digital ledger confirms many details within minutes and ensures the data is available for viewing in connected networks. The data is in sense made public in the fact that it has been embedded within the network domain.

 Encryption Process

The data is encrypted makes block chain security more enhanced. The network participants who are involved have specific keys which play the unique role of the digital signature. Further, the alteration can render the signature invalid and it also sends the notification to the party involved. Thus, alerts are issues at earliest before a major threat is made.

Peers and Networks:

Every network participant on overall gains voluntary membership with no adequate pressure to joining. This is incentivized in terms of chance to win bitcoins. Therefore, in simple terms, every network is a manager in the blockchain ledger. Further, they help in verifying the data and receive a digital copy of block chain. This is made as soon one joins the program

 

Google pay- a new product portfolio in secured payments!

Google is always on news due to a variety of reasons. After all the company, is the most reliable option in the day to day chores of people. Currently, the feature of Google Pay is on the news as it will replace the likes of Android and Google wallet traits. The characteristic although remains same of all still will have a brand name of Google pay as the leading tab. This predominantly wills ave a lot of time.

Google is working on the forefront for over a decade now. The original aim, which still remains the same is always to make things simple and realistic for the users. With the current introduction of Google Pay, one can expect the next aura of payment methods in a world of cashless operations.

The extravagant method is an add-on with the Android pay, making an altogether additional method to settle with Google.

The current add on to the list of countries adopting the method is Chile. Google pay is partnering with numerous banks and credit cards across several domains to bring mobile payment access to many people. Chile, while gaining dominance on mobile transactions is the latest country in the list.

The South American company is the foremost one to join other additions like the United Arab Emirates, Denmark, Sweden and Finland. With the official support page, Chile is aiming to bring a total value of 27 countries who are using Google Pay support method globally.

With the launch, Google pay is disclosing the availability of its features on Aibnd, Dice, Hungry House and even Instacart. Additionally, some unnamed websites and apps are also in the list of the wings. Google is aiming to encourage people of a different genre to start using the processing app, with rewards offered with every transaction one makes.

Google pay is simple to use and allows users to make and receive the UPI payments with huge rewards to incur. The digital mode of payment directly receives and the user gets the money into the account in no time. Some simplest features are getting its path with Google aiming to make it a click, for every single era of a population. It can let the user even pay contactless payment to any grocery shop and subsequently use the phone number to use for the receiver.