The global blockchain in healthcare market size was USD 2.54 Billion in 2022 and is expected to reach USD 285.64 Billion in 2032, and register a revenue CAGR of 69% during the forecast period. Rising demand for secure data transmission between healthcare providers, patients, and payers is the major factor driving market revenue growth.
The metals industry is subject to significant market volatility, with fluctuations in demand and supply affecting the price of metals. The global trade of metals is also becoming increasingly complex, driven by changes in trade policies, tariffs, and currency exchange rates. To compete, service centers and others in the metals industry must evolve.
With the rise of smart supply chain infrastructures, there is a growing need for seamless data interoperability and data integrity to ensure efficient and secure supply chain operations.
The automotive industry has the largest number of robots working in factories around the world: Operational stock hit a new record of about one million units. This represents about one third of the total number installed across all industries according to the International Federation of Robotics.
The circular economy produces goods and services that can be seen as superior in more ways than just the minimization of waste. Benefits of a “circular” business model above a “linear” or traditional approach include better customer support, lower costs and greater resilience, among other advantages. Businesses that don't adopt a circular approach may see their market positions erode as new “born-circular” start-ups enter and disrupt the business environment.
The European Commission has unveiled the Net-Zero Industry Act, which aims to boost green technology development in the EU to accelerate the transition to decarbonisation.
In recent years sustainability has risen up the corporate agenda and is now part and parcel of corporate strategies. There are concerns that the current boom in sustainability and net-zero commitments may not be enough to combat the vast social, environmental and economic challenges. Businesses should take a long-term view and become a regenerative business, promoting the restoration and regeneration of natural resources and social systems.
In recent years, nearshoring has emerged as a popular strategy for companies looking to optimize their supply chains. They are responding to growing unpredictability and disruptions caused by events such as the COVID-19 pandemic.
Starting nearly 60 years ago, off-shoring previously domestic manufacturing proved to be a go-to executive decision to boost corporate value by reducing labor costs and the cost of goods sold.
It’s a familiar narrative: Robots and other forms of automation, while good for driving business efficiencies, are a death knell for the modern workforce. Yet introducing robots to the workforce could serve as a positive force, delivering benefits to corporations as well as to the workforce and global economy.
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