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Showing posts from May, 2023

Simplifying Business Processes Using Blockchain Technology

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Blockchain technology stores transactional records, known as the public block, in several databases, known as the ‘chain,’ in a network connected through peer-to-peer nodes. Typically, this storage is the ‘digital ledger.’ It is a decentralized way of documenting transactions in chronological order. Each network partner has access to the entire blockchain and its history. The accounts of all participants are updated with information with every new transaction recorded. COVID-19 & Blockchain Technology The ongoing situation can create some challenges in the market of blockchain. It can play an essential role in digital transformation activities and initiatives amid the crisis. The technology finds its use for public health data surveillance, crisis management, medical supply management, etc. The Coronavirus outbreak has led to the development of many applications using blockchain technology. For instance, in March 2020, WHO launched a blockchain platform to fight COVID-19.

High Value Patents and Infringement Cases of Cloud Computing Technology

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Cloud computing is undergoing tremendous growth since the computing industry is gradually switching to the cloud. Companies are rapidly filing, selling, acquiring, licensing and monetizing cloud patents due to the growing importance of cloud systems. In patent lawsuits, these patents are now being more aggressively enforced. Over the last few years, patent litigation for cloud computing has increased. To gain an edge in the market, organizations acquire and assert broad patents to sue competitors for infringing the patent claims . 1. US8856221B2 The US’s 221 patent assigned to ROTHSCHILD BROADCAST DISTRIBUTION SYSTEMS LLC describes a remote server system to receive a request message with media content and consumer device identifier corresponding to a consumer device. The processor determines that the consumer device identifier corresponds to the registered consumer device. The requested media content is available for storage when the request message is the storage request message

Role of Artificial Intelligence in Intellectual Property

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For decades AI has been a technology that can manipulate large volumes of data efficiently and quickly. It can also help identify the patterns and speedily analyse the ideal solution, which can be applied to several day-to-day scenarios. Moreover, it has been set to come of age in the era of big data and real-time decisions, where AI can offer solutions to old challenges and issues. Let’s take, for instance, traffic management. London’s initial traffic management system was a manually operated gas-lit traffic signal that exploded two months after its introduction. Since the inauspicious start, a complicated network of road closures, traffic lights, traffic management, and pedestrian crossings have served to drive the complexity of traveling in the city. Now traffic goes more slowly than ever, so several new systems are added to manage the system better. AI can change it. It can instantly gather information on the traffic volumes, current blockages, and historical trends to provide

Promising Future Of P2H Technologies In Decarbonizing The Industrial Process Heat Sector

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Power-to-heat (P2H) is one of the most recent growing trends (energy transition) in the high-temperature (>500°C) industrial segment space, and it refers to a system of heat pumps or boilers that transform electric power into effective heating or cooling. The global energy crisis and the policies promoting net zero coalition will likely soar the demand for P2H equipment. Also, the autonomous intergovernmental organization, IEA, has projected that the accelerated adoption of heat pumps can reduce global carbon dioxide (CO2) emissions by at least 500 million tonnes in 2030. Market Dynamics of P2H Technology Equipment Industrial process heating consumes over 28% of the world’s energy; thus, we can foresee the electrification of industrial equipment as a big opportunity for manufacturing companies to improve efficiency and lower their carbon footprint. By electrifying production processes, businesses might dramatically reduce carbon emissions by using fewer fossil fuels, boost the e

Live Webinar - Alzheimer’s Roadmap: Addressing the challenges for Improved Outcomes

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We are organizing a webinar on “Alzheimer’s Roadmap: Addressing the challenges for improved outcomes,” which will primarily focus on the market scenario addressing the significant hurdles the pharmaceutical companies face and how they can be addressed. The webinar will be conducted on 6th June 2023 for Europe at 05:00 PM CEST and for the US at 8:00 AM PDT. Alzheimer’s disease (AD) was not the most researched indication among pharma/biopharma companies until the US 2020 census declared that the prevalence of clinical AD could be 11.3%. As per the Alzheimer’s Association, more than 6 million people in the US are living with the indication, and over 11 million Americans are providing unpaid care for people with Alzheimer’s or other dementias. Between 2000 and 2019, the death rate from Alzheimer’s increased by 145%, with a projected healthcare cost of USD 345 Billion in 2023. Analysts also suggest that the cost could rise to nearly USD 1 Trillion. This could be a huge burden to the U

Simplifying Business Processes Using Smart Contracts

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Smart contracts are lines of code stored in a blockchain and executed automatically as per the specified conditions. Blockchain technology makes it possible to conduct transactions and agreements between anonymous parties without the need for a central entity, external application, or legal system. Blockchain technology stores transactional records, also known as the ‘block,’ of the public in several databases, known as the ‘chain,’ in a network connected through system-to-system nodes. This storage is typically known as a ‘digital ledger.’ Key Benefits of Smart Contracts Smart contracts provide various advantages over the traditional contracts for a wide range of industries. ·          More efficiency and speed: Smart contracts can improve the efficiency and speed with which businesses make deals. Smart contracts are automated, and people do not have to spend a lot of time on paperwork and manually fixing errors. ·          Precision and transparency: Since the coded words

Gain crucial market insights using IEBS Market Intelligence service to make informed decisions

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Before tapping into or expanding business in a particular market, the first & foremost rational step one should take is to evaluate the market size, ongoing trends, consumer behavior, competitiveness, and related aspects. By employing the Market Intelligence service offered by Ingenious e-Brain Solutions, established firms, emerging businesses, and R&D organizations can access crucial information to recognize new business opportunities, be informed about current and upcoming innovations across their respective market, and enhance customer engagement. Under this service, clients gain a synopsis of the Targeted Addressable Market, Serviceable Available Market, and Obtainable Market to understand their growth potential and the business landscape. IEBS analysts & consultants offer comprehensive insights by gathering factual and statistical information about a particular market, including capitalization, market shifts, trends, customer preferences, current framework & stra

IEBS Broadening its Horizons Digitally by Allying with Scientist.com as a Registered Supplier

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It is a moment of pride for Ingenious e-Brain Solutions (IEBS) that it has become an affiliated supplier of Scientist.com¬—a renowned digital healthcare research platform. Artificial Intelligence (AI) and digitalization are transcending all technologies and have revolutionized how industries operate. Therefore, IEBS has attempted to grow its digital presence by registering with Scientist.com. As the latter is solely a healthcare domain platform, we offer one element from our extensive list of business consulting solutions at Scientist.com. Here, we deliver healthcare-related latest technological & real-time business insights, emphasize potential opportunities for business propulsion, and provide innovative & strategic enterprise solutions on this platform, particularly for pharmaceuticals, biotechnology, medical technology companies, and clinical research organizations. Scientist.com is an inclusive research platform—with a global network exceeding 4,000 suppliers—encouragi

6G Wireless Communication

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The launch of 5G wireless communication technologies and its integration with emerging technologies has revealed new technical requirements/challenges. Some challenges include data rate, latency, capacity, and quality of service. 6G wireless communication will overcome these challenges by providing a peak data rate of 1000 gigabits per second, latency of less than 100 microseconds, 50 times the peak data rate, and 1/10th the latency of 5G. Technologies like machine learning that are still in their infancy will act as essential components of the 6G ecosystem and enable a decentralized architecture without a centralized controller. The centralized control will help in achieving low latency. The underlying technologies of 6G will fundamentally differ from the fifth generation (5G). The 6G will provide advanced services due to low latency, high data rate, large capacity, and improved service quality. The advanced service will include immersive extended reality, high-fidelity mobile ho

Evolution Of Non-Alcoholic Spirits & Their Impact on The Beverage Industry

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Non-alcoholic or alcohol-free spirits emerge as a healthier alternative to alcoholic beverages. Although non-alcoholic spirits resemble actual spirits in terms of flavor and appearance, the alcohol content in the former is extremely low (up to 0.5% by volume) compared to (4-95% by volume) in the latter. Temperance beverages are composed of botanicals, including leaves, roots, flowers, and spices. The societal transformation toward sobriety has led to the accelerated recognition of healthier beverage options and conscientious developments in non-alcoholic beverages. Need for Alcohol-free Spirits Globally, alcohol consumption contributes to 3 million deaths (representing 5.3% of all deaths) each year. Alcohol poisoning, liver damage, heart failure, cancer, and road accidents are the leading causes of alcohol-related deaths. All of this has caused consumers’ attention to shift from unhealthy drinking options to healthier ones. Considering the customers’ rising need for alternatives to

Role Of Digital Twin in Biopharmaceutical Manufacturing

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Several digital technologies are currently used to develop and increase biopharmaceutical products’ production efficiency, including vaccines, medicines, etc. One of these technologies is the digital twin technology, an essential Industry 4.0 technology widely used in all the industrial sectors, including the biotechnological and biopharmaceutical industries. Digital twins provide insights into all aspects of the production line, including the manufacturing process. These insights together help to make mindful decisions related to the product. They can also automate the decision-making process by recalibrating the dynamics of pharmaceutical laboratory equipment, production lines, manufacturing processes, and systems. A digital twin incorporates virtual reality (VR), augmented reality (AR), 3D graphics, and data modeling to build a virtual model of processes, systems, services, products, or other physical objects related to the prospected innovation. This technology creates a repli