Market Intelligence news desk

Audit Firms Witnessing the Emergence of New Priorities

While the audit industry “Big 4” (PwC, Deloitte, KPMG and EY) continues to dominate key service lines by occupying close to 60% of revenue share, evolutions in the regulatory landscape and the advent of new features are set to alter the course of how the financial services market moves ahead.

IoT and Its Impact on the Road Freight Industry

The Internet of Things (IoT) has gained momentum within the road freight industry over the past few years. IoT is defined as the internetworking of physical devices, also referred to as “connected devices” and “smart devices,” that enables the objects to collect and exchange data. According to a DHL and Cisco Trends report, IoT utilization in the supply chain and logistics industry could generate USD 1.9 trillion in value by 2025, out of the overall USD 8 trillion in IoT value generated globally.

Header Bidding - The Publisher’s Delight

Header bidding allows publishers to select the partners they want to work with. Traditionally, the advertising industry follows the “waterfalling technique,” which lets publishers move their inventory from one market to the next to optimize revenue. However, header bidding is being hailed as an equalizer for programmatic access.

Global e-Commerce Packaging Industry Benefiting at the Cost of Environment

Along with the e-commerce industry’s contribution to the economy, its quick growth has come at a price – millions of tons of waste has been produced over the last few years. China generated four million tons of waste in 2015, using 7.5 billion plastic bags, 17 billion meters of wrapping tape and 10 million cardboard boxes. Much of this waste is being deposited in landfills without any processing. These unprocessed materials take up to 1000 years to decompose, and eventually end up leaking pollutants into the soil and water.

How Artificial Intelligence is Transforming Market Research

“The measure of intelligence is the ability to change.” - Albert Einstein

Artificial intelligence (AI). Machine learning. Big data. Deep learning. These are some of the key buzzwords the industry is talking about. Most of us visualize AI as a world where robots are trying to replace the workers. In 2015, Elon Musk and Stephen Hawking warned the world of an apocalypse as a result of artificial creations. Yet the research industry is marching toward a future led by intelligent models and machine learning algorithms. So, the question is, “Are we moving toward an apocalypse or a huge industry transformation?”

India’s Ethanol Output Improving Yet a Large Deficit Continues

The demand for ethanol in India continues to soar on the back of government’s plan to increase mandatory blending. Per the latest statistics, the domestic sugar mill industry achieved a production figure of around 1.12 billion liters during the last sugarcane season of 2015-16, around 65% more than the previous season. Despite record production, it continues to be significantly insufficient for blending purposes due to a deficit of around 900 million liters as of the end of 2016. The ethanol blending demand is further set to rise in the coming years, with ambitious targets set by the government of India to increase ethanol blending from 10% to 22.5%.

Global MRO Market to Witness Moderate Growth

The global MRO market, driven by new capital additions and a drop in the average age of private equipment, is expected to grow moderately in 2017. The demand from commercial, institutional and government sectors will be stronger compared with the construction and utility segments.

Will 2017 Be a Year of Mixed Growth for Marketing and Advertising?

The global advertising industry grew at about four percent in 2016, with the Rio Olympics and the U.S. presidential elections providing a shot in the arm. However, slowdowns in China and Brazil restricted the overall growth rate, while Brexit had no tangible effect on macro indicators.

Trump’s Government Policies - Catastrophic or Fortunate?

Corporations and investors were buoyed by the Trump government’s proposal to substantially cut corporate taxes, ease regulations and increase spending on infrastructure, which would have supported the growth and prosperity of US companies. However, the recent actions of Trump’s government are aligned to their agenda of “new protectionism,” which includes a ban on immigrants from seven Muslim countries, impositions of higher import tariffs, an end to various free trade agreements and changes in energy policies are likely to have economic and strategic impacts on domestic and international markets.

Adoption of Digital Technologies to Take Enterprises by Storm in 2017

The emergence and adoption of new, innovative technologies, such as the Internet of Things (IoT), artificial intelligence (AI), virtual reality (VR), 3-D printing and blockchain could have far-reaching impact on the global socioeconomic environment, thereby transforming the way companies operate worldwide.

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