Innover Labs

Intelligent and Cognitive Technologies Set to Redefine Human-Machine Collaboration

Can computers think the same as humans? Computers may be able to anticipate lies more accurately than humans, forecast weather patterns, predict heart attacks before doctors or optimize inventory levels for businesses, but yet aren’t as intellectual as humans. While it will take many more years for machines to exactly replicate humans and human behavior, […]

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Tech Trends Expected to Encapsulate the Energy and Utilities Industry in 2023

The Energy and Utilities industry has long been known for its business stability, dependability, and predictability. However, in recent decades, organizations have been forced to transform the way energy is produced, delivered, and consumed across the value chain due to upheavals such as supply chain disruptions, changing customer expectations, and new regulatory frameworks. Organizations need […]

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Tech Trends Set to Propel the Consumer and Retail Industry in 2023

The consumer and retail industry is undergoing an exciting revolution powered by rapid digitization, further empowering the consumers.  With the augment of digital technologies consumers are becoming more connected, tech-savvy, less loyal, channel-agnostic, demanding, and expecting personalized services as a given. The industry has also undergone a evolution of sorts reshaped by several factors – […]

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Top Tech Trends in Manufacturing & Logistics, 2023

Much has been stated about Industry 4.0 and its impact on the manufacturing and logistics industries. Without a doubt, it has accelerated the use of advanced tools and smart technology in manufacturing and logistics management organizations. It has increased productivity, lowered operating expenses, enhanced decision-making capabilities, increased operational efficiency, shortened production time, and provided a […]

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Top Tech Trends in BFSI that will shape the Industry in 2023

During the last few years, there have been many watershed moments, from the pandemic and Ukrain wars to supply chain disruptions and the great recession. However, for the Banking, Financial Services, and Insurance industry, the pandemic was a pivotal point. It propelled financial leaders to abandon the traditional bottom-line metrics and develop strategies that could […]

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How RPA can Propel BFSI Transformation

In the ever-evolving business landscape with constantly changing customer needs Banking, Finance, and Insurance sectors need to transform their operating models to withstand and remain competitive. Automation is the next-gen technology and the key to transform manual processes to automation. As per Gartner, banking and investment organizations, IT spending is forecast to grow to $761 […]

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How Immersive Commerce is Changing the Retail Ecosystem

Covid-19 gave e-commerce and digital transformation adoption an unprecedented boost. E-commerce alone grew by leaps and bounds – empowering retailers across the globe to carry on business as usual. The traditional retailers who earlier sold their products and services through brick-and-mortar stores switched to digital marketplaces, web and mobile applications to do trade. From groceries […]

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How Augmented Reality Can Reshape the Future of Supply Chains

Organizations are increasingly adopting a customer-centric approach aimed at providing faster, reliable, secure, and accurate services across their supply chains. This is where Augmented Reality (AR) has emerged as a go-to-technology for organizations to optimize their supply chains. Augmented Reality in supply chain management can drive enhanced efficiency by performing traditional tasks faster and more […]

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Blockchain Promises to Fix Counterfeiting & Address Reverse Logistics Challenges

The global menace of counterfeiting has not only hurt profitability but also tarnished the reputations of organizations. According to a report released by the OECD and the EU’s Intellectual Property Office, counterfeit goods represent 3.3% of world trade. Much of the supply chain-related counterfeiting vulnerabilities are linked to the various nodes that make it exceedingly […]

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5G Poised to Fuel Supply Chain Innovation

There is a great deal of hype around the 5G technology and this hype should be taken seriously because 5G is widely believed to be smarter, faster, and more efficient than 4G. Although this much-talked-about technology is a long way away from being widely deployed, it is seen as a potential game-changer across the global […]

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