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World’s smallest computer to use Blockchain Technology

While technology has its own canopy spread across the world, there’s no doubt there are several inventions being conceived under the sheath. The conception which later gave birth to technological innovations has become today’s revolution. In this vast universe which is immeasurable and indescribable, there are certain smallest things that grab the focus for their very size. Amazingly, if they are brought forth through the technology, then it is definitely a news to be heard of and worth noticing. Earlier, in the last year, there was this trend of “small” taking rounds in the air with many smallest innovations(products) coming into the market. World’s smallest phone with a 0.5-inch screen, world’s smallest 1TB pen drive, smallest robot arm, smallest Mona Lisa using DNA, etc., technology has shown us all these.

Adding to their list, technology has one more such product which was launched very recently in the month of March. The tech giant, IBM, has wowed all the technology lovers and haters alike with its recent innovation building the world’s smallest computer which costs you around Rs. 7 or 10 cents. When I say small, it indeed is small, rather a tiny one which is smaller than a grain of salt. This new PC from IBM is so tiny that you need a microscope to look at them properly and it is 1 mm x 1 mm in size.

One might dismiss the value of this world’s smallest computer. To all your amazement, this tiny PC reportedly features a processor with several hundred thousand transistors, SRAM memory, a photovoltaic cell for power, and a communications unit, that uses an LED and a photodetector to communicate with the world. Yes, you heard it right and that ain’t hoax. IBM claims this PC has the processing power of a 1990s PC. Hold on to your seats, there’s another claim coming from the technology pioneer, it is that each dust-sized PC will use the most-talked-about blockchain technology and can be used for cryptocurrency purposes, and for other blockchain apps in the future.

Mr. Arvind Krishna, Head of research, IBM, claims that “These technologies pave the way for new solutions that tackle food safety, the authenticity of manufactured components, genetically modified products, identification of counterfeit objects and provenance of luxury goods." IBM thinks these tiny PCs will be commonplace in everyday electronic objects within the next five years, in embedded devices like the Internet of Things, shipment tracking, and more. The IBM’s tiny innovation is anticipated to be made available in the marketplace within the next five years as per the company’s statement. Also, the company will make available the first models of its crypto-anchors in another 18 months.

IBM’s computer that resembles a speck of dust on a pile of salt, has replaced the Michigan Micro Mote as the world’s smallest computer, which measured across 2 mm and was launched in 2015.

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Qualcomm 5G Pioneer initiative

Shopping your favorite brands at your choice and convenience was once a tough task. Hire a taxi or rent one, travel all the way to the mall in huge traffic, look for the brands that you're willing to shop, choose your favorite one and buy it. After a tiresome shopping, go have a good meal at some nice restaurant enjoying your favorite food, watch a movie and return home hiring a taxi. This is how usually the entire shopping process was for many of us. Though many relished the stereotypical practice, yet with the busy schedules that everyone is indulged into these days, one merely gets time to do all that which was once fun. Time and technology, today's synonyms, might not or could not, however, bring back the nostalgia, but have certainly delivered the compensation by making everything available in one's palm.

The increasing momentum of technology has what made everything feasible now at our doorstep and all one has to do is just delight in it. Let's talk about shopping your favorite brands or hiring a cab or booking a ticket or ordering your favorite food. Wouldn't that be fascinating to know that everything is now available with just a tap! Absolutely! The internet has connected all of us to get these tasks done at our doorstep. Making the activity simpler, were few startups who took up our daily routines as challenging assignments and started delivering best outputs. And the result, they're now into serious business expanding their territory across the nation and into the international market earning a place in the billion-dollar club.

These are the Indian Unicorn Startup Companies that have made our life worth living and enjoying the services they render:

Flipkart

Flipkart, headquartered in Bengaluru, is an electronic commerce company founded in 2007. It is India's biggest online store for mobiles, electronics, home appliances, furniture, fashion(clothes/shoes), accessories, books, jewelry, sporting goods, beauty & personal care and many more. Flipkart brings everything under the single roof with the largest selection from all brands at the lowest price. Acquiring many small hold firms and other startups alike, adding them under its wings, Flipkart is now valued at $11.6 billion.

Ola Cabs

Ola, the Indian online transportation network company, was founded in 2010 and has been competing against Uber in the Indian ride-hailing market. Ola has more than 125 million users and 1-million-plus-driver partners across more than 110 cities in the country. Currently headquartered in Bangalore, the company has been enabling smart transportation across India benefitting the users with its rides and services. Ola has emerged as one of the most successful among the handful of esteemed Indian startups becoming the third-most valuable startup in the country. The company has a valuation of around $7 billion.

Paytm

Paytm, India’s largest m-commerce platform launched in 2010, facilitates in making Instant Digital & Utility Payments, grab latest Entertainment tickets online with great offers and discounts and lets your travel be much easier and fun-filled. In 2015, Paytm became the first Indian company to receive funding from Chinese e-commerce company Alibaba, after it raised over $625 million at a valuation of $1.5 billion. Earlier last year, the digital payments giant had raised $1.4 billion from SoftBank, which valued the company at $7 billion at that time.The mobile wallet service provider has recently reached a valuation of USD 10 billion.

Snapdeal

The Indian e-commerce company started in 2010, had a 70 percent share in the daily deal business by 2011. Snapdeal has received several rounds of funding; it had a valuation of about $6.5 billion during its $200 Mn funding round in February 2016 led by Ontario Teachers' Pension Plan and others.

ShopClues

The online marketplace owned by Clues Network Pvt. Ltd., was established in July 2011. In January 2016, ShopClues raised USD 100 million from Tiger Global Management and joined the Unicorn Club. The e-commerce firm is now valued at $1.1 billion.

Quikr

Quikr, the Indian classified advertising platform, was founded in 2008. Headquartered in Bengaluru, Quikr serves approximately 20 million monthly visitors. The online classifieds portal has thus far raised around $350 million and is among India’s leading internet companies with a valuation of nearly $1.5 billion.

Zomato

Indian restaurant search and discovery service founded in 2008, currently operates in 23 countries, including Australia and United States. According to reports, Zomato has raised close to $225 million in funding during the year 2017. Zomato has raised $150 million from Ant Financial, Alibaba's payment affiliate, very recently, taking its valuation to $1.1 billion.

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India soars high with the highest number of female pilots in the world

In a country like India, where sons are treated superior to daughters and having a son is treated more of a privilege and a daughter a liability, women have now turned out to be the showstoppers. Breaking through the glass ceiling, and leaving their marks of victory, women soar high today taking India to a next level by recording the maximum number of female pilots in the world.

While a recent Economic survey revealed the pitiful state of the nation where the great love and preference for sons has created 21 million unwanted girls, the above news has come as a solace to the entire nation and a celebration worth being noticed. This indeed is and should be an eye-opener for the families who anticipate having male children over girls.

For all those who still do not believe the fact, the statement was made by Jayant Sinha, Minister for Civil Aviation, who recently revealed that India currently has the maximum number of women pilots in the world. He also hailed women pilots in the country for their achievements. “India is the country with the maximum number of women pilots in the world, be it in Air India or Indian Air Force. This is a testimony of the contribution made by women to the aviation sector and also by the country to their careers”, told Sinha.

Women are reaching new heights and conquering major positions equivalent to their male counterparts in every sector. It’s evident that male domination still prevails in every field and taking up the challenge, women are moving in the forefront competing with men in the race. Undoubtedly, undeniably, the Indian government has been pushing hard for women empowerment in all diverse fields through various flagship programmes like “Save Girl Child”.

In a country which still remains obsessed about sons and often questions the credibility of women by preferring girls to take up jobs or careers into humanities, the girl child now gives a befitting reply to all those naysayers as she outshines men in the most-dominated field of aviation. While there have been many efforts made to empower women and make them self-reliant, constant support is needed from the family, society and their counterparts to enable them to succeed in any profession they take up.

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Women’s Day

It’s International Women’s Day today and I can’t resist myself from congratulating and celebrating the women power who were a big source of inspiration to not just women but the entire human race. Their success mantra had always been simple – “Rise and Shine”. While women have started building their territory of success in every diverse field irrespective of age, education, background, finances, and location, they deserve the acknowledgment worth being celebrated. Today being their day, there wouldn’t be a better time than this to greet and laud those wonderful women who achieved the milestones setting a benchmark for the male community and an inspiration to all the women. Wishing all the women a Happy International Women’s Day. Here are few motivational quotes from the successful ladies hoping these would inspire, encourage and motivate all those who read it.

* “Leadership is about making others better as a result of your presence and making sure that impact lasts in your absence.” Sheryl Sandberg, COO of Facebook

* “I learned to always take on things I’d never done before. Growth and comfort do not coexist.” Ginni Rometty, CEO, IBM

* “Run to the fire; don’t hide from it.” Meg Whitman, CEO, and President, HP

* “I always did something I was a little not ready to do. I think that’s how you grow. When there’s that moment of ‘Wow, I’m not really sure I can do this,’ and you push through those moments, that’s when you have a breakthrough.” Marissa Mayer, CEO of Yahoo

* At the end of the day, both men and women who become CEOs have showed tenacity and hard work to succeed in their careers. It takes not just skills but also extreme dedication and commitment. And regardless of gender, CEOs are measured by the same criteria – the growth and success of the business. Susan Wojcicki, CEO of YouTube

* “Do not be afraid to make decisions. Do not be afraid to make mistakes.” Carly Fiorina, Former CEO of Hewlett-Packard

* “There are going to be people along the way who will try to undercut your success… but if you just focus on the work and you don’t let those people sidetrack you, someday when you get where you’re going… you’ll know that it was you and the people who love you that put you there.” Taylor Swift, Award-Winning Musician

* “Don’t be intimidated by what you don’t know. That can be your greatest strength and ensure that you do things differently from everyone else.” Sara Blakely, Founder of Spanx

* “If you are successful, it is because somewhere, sometime, someone gave you a life or an idea that started you in the right direction. Remember also that you are indebted to life until you help some less fortunate person, just as you were helped.” Melinda Gates, Co-Founder of the Bill & Melinda Gates Foundation

* “We need to accept that we won’t always make the right decisions, that we’ll screw up royally sometimes — understanding that failure is not the opposite of success, it’s part of success.” Arianna Huffington, Editor-in-chief of Huffington Post

* “Being powerful is like being a lady. If you have to tell people you are, you aren’t.” Margaret Thatcher, Former UK Prime Minister

* “Don’t worry about being successful but work toward being significant and the success will naturally follow you.” Oprah Winfrey,

* “I had two options. One was to remain silent and never to speak and then to be killed by the terrorists. The second option was to speak up for my rights and then die. And I chose the second one.” Malala Yousafzai, Nobel Peace Prize Winner

* “The only limit to the height of your achievements is the reach of your dreams and your willingness to work hard for them.” Michelle Obama

* “You should never let your fears prevent you from doing what you know is right.” Aung San Suu Kyi

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How to choose the right B school?

With the increasing demand for MBA professionals in the organisations and a global demand for masters in management alike, many MBA aspirers are looking for Universities or B Schools that offer a suite of programmes including quality education, expert faculty, peer learning, high-end recruitments, industry exposure, state of infrastructure, alumni base, etc. These are the basic prerequisites that need to be fulfilled from the point of any entrant. However, it is important to note that there are other factors that describe the uniqueness of the University, which includes the rankings in various aspects. Before choosing a B school, it is recommended or highly instructed to look out for the possible programmes or courses that a University has to offer. As an individual, it is also suggested that the applicant has a right knowledge about the right course that he wants to pursue and how that chosen course and college benefits his career and his future personality as an MBA professional in an organization.

Over the years, the number of students pursuing MBA programmes is significantly on the rise with a huge demand for MBA than any other masters or post-graduation courses like Masters in Technology or Masters in Science. It is keen to observe that many of the aspirants taking up post-graduation course in business management are non-business graduates, i.e., graduates holding bachelor degrees other than in business. It is evident from the above fact that there is a rise in demand for MBA. We all know the theory of equilibrium where demand is always directly proportional to supply. With the demand for MBA courses (specialized) on the rise, there has been a surge in the fee structure of the courses as well. This is now a tough task for all aspirants to get an analysis of the schools that meet their requirements with a decent investment and also a good return on the investment.

Considering the parameters that form the basis for ranking the colleges like geographical location, colleges with relatively low fee structure, colleges that offer a scholarship, graduate employability rankings, to name a few, help in choosing the right college. The ranking of the Universities should also showcase the indicators that reflect the institution’s overall performance, academic reputation, placement ratio, size of the program and the outcome data. We provide you with a set of attributes that an MBA applicant should focus on before choosing the right school.

  • Faculty
  • Fee
  • Scholarship
  • Infrastructure
  • Location
  • Choice of Subjects
  • Reputation
  • Administration
  • Exposure
  • Reputation
  • Placement

    • 1) Faculty: Having an expert or inspiring faculty in the universities contribute to providing quality education and branding of the business schools to a large extent. A good business school is a one that has the most experienced teaching staff who have the knowledge and expertise in teaching the students and mold them to be successful business professionals in the future. The presence of the teaching staff online/offline, distinguished faculty, full-time/part-time faculty, their availability to provide continuous guidance, guest lectures that the college has from across the globe, etc. should be carefully looked for before opting for a college.

    2) Fee: While there are many B schools that offer the post-graduation course, yet the quality of education, placements, and returns remain a question because of the expensive tuition fees. It is always recommended to check for the fee structure and the return on investment that an MBA aspirant is likely to get. Availability of bank loans coupled with scholarship schemes will make even costly programmes affordable to the common student.

    3) Scholarship: Students are advised to make inquiries about funding options. Does a B-School offer guarantee loans with low-interest rates? Scholarship that the college offers or whether the college has tie-ups with any banks should also be taken into consideration.

    4) Infrastructure: This is another important criteria before choosing a business school as the applicant will remain on the campus for a good number of years to pursue his course. It should be observed whether the school has the state-of-the-infrastructure like classrooms, library, hostel, labs, cafeteria, with internet connectivity, vast campus, playground, Wi-fi enabled and a peaceful environment that is student-friendly.

    5) Location: The geographic location plays a major role in selecting the right B school and also has long-term implications for the location of your personal network. You’ll spend two years meeting people in that city or town, and these relationships can really help you out when it comes to getting a job or succeeding in your career.

    6) Choice of Subjects: A good B school offers specialized courses in management for students who already have some specific expertise in a chosen area and are looking to update their skill sets and competencies to grow in that area.

    7) Reputation: A good business school carries a reputation for providing not only quality education, peer learning, better placements and industry exposure but also promises an excellent return on your investments. When you’re looking for a college with a good reputation, the above factors should be included in the package of reputation.

    8) Administration: A great administration or management or leadership is that critical factor that decides the worth of the college. Having the best administration (Dean and other Administrators) who are well experienced in both academics and management are tilted towards giving their extensive support to students in achieving their dreams and managing the students, faculty, and alumni effectively.

    9) Exposure: Some B schools offer MBA programmes that provide students with the opportunity to study or work abroad as part of the course. Students who come from other countries during an exchange programme gives a global exposure for the other students to appreciate cultural differences and gain insights on foreign policies.

    10) Placement: Placement or recruitment in any college is what ensures the applicants to evaluate the graduate outcomes. The higher the placement ratio, the higher is the outcome. The number of companies visiting the college every year, the starting-salary that any student is offered, etc., display the school’s endeavor on a magnifying glass.

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    World’s Largest Technology Companies

    The whole world today lies in the spectrum of technology and the majority of business on the internet. The smart devices, applications, e-commerce platforms, internet of things, communication threads, that we use in our daily life are the harvest of the technological companies. Google, Microsoft, Amazon, Facebook, to name a few are those tech giants that reign the business market. There’s no doubt they are the internet mammoths for various reasons that include their total revenue, sales, profit, assets, etc. Nevertheless, we bring to you a list of the world’s largest technology companies that have been governing the technological business realm and whose sovereign rule is expected to dominate the market in the years to come. Below are the companies that stood in the top 10 list for their revenue generated. Eight from the below mentioned top tech companies are from the United States. While one is from South Korea, the other is from the Asia-Pacific region.

    1. Apple Inc.
    Country: USA, Sales: $217.5 Billion, Profit: $45.2 Billion, Assets: $331.1 Billion, Market value: $752 Billion

    2. Samsung Electronics
    Country: South Korea, Sales: $174 Billion, Profit: $19.3 Billion, Assets: $217.1 Billion, Market value: $254.3 Billion

    3. Microsoft
    Country: USA, Sales: $85.3 Billion, Profit: $16.8 Billion, Assets: $224.6 Billion, Market value: $507.5 Billion

    4. Alphabet Inc.
    Country: USA, Sales: $89.9 Billion, Profit: $19.5 Billion, Assets: $167.5 Billion, Market value: $579.5 Billion

    5. IBM
    Country: USA, Sales: $79.9 Billion, Profit: $11.9 Billion, Assets: $117.5 Billion, Market value: $162.4 Billion

    6.Intel
    Country: USA, Sales: $59.4 Billion, Profit: $10.3 Billion, Assets: $113.3 Billion, Market value: $170.3 Billion

    7. CISCO Systems
    Country: USA, Sales: $48.6 Billion, Profit: $9.8 Billion, Assets: $126.2 Billion, Market value: $165.1 Billion

    8. Oracle
    Country: USA, Sales: $37.4 Billion, Profit: $8.9 Billion, Assets: $125.4 Billion, Market value: $182.2 Billion

    9. Hon Hai Precision
    Country: Taiwan, Sales: $135.2 Billion, Profit: $4.6 Billion, Assets: $80.4 Billion, Market value: $54.4 Billion

    10. Facebook
    Country: USA, Sales: $27.6 Billion, Profit: $9.5 Billion, Assets: $65 Billion, Market value: $407.3 Billion

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    Chatbots – Synonym for Great Customer Satisfaction!

    Imagine you want to buy a product from your favorite brand or an online store. Everything you do now as a customer is go to the website or call to the call center hoping to get what you’re looking for on the website. Once you’re done shopping with your favorite brand, to a huge embarrassment, you’ll find your inbox overwhelmed with messages or notifications from the brand every day. That could most of the time annoy us by the way the company treats their customers assuming they’ve got the permission to send notifications on a regular basis. Rather than having you to go through the entire website searching for what you need, let say you have a program designed from the organization in such a way that you interact with it on a one-one basis. Think of interacting with the brand or organization just as you might have a text message conversation with a friend who responds to your texts and your inputs in a human-like conversation. Wouldn’t that enrich your ability to immerse yourself in the brand saving your time simultaneously guaranteeing your customer satisfaction? This concept of chatting with bots has gained significance over the recent years with many companies investing into it to deliver the best customer experience.

    Chatbots are becoming more mainstream especially in customer service and support. The advances in technology and new business models have paved the way for bots empowering small businesses, large brands and any scale organizations to replace their customer service with chatbots and AI. Chatbots simulate a real human-like experience and interact with the customers without the need for any human being to manage the conversations in a real time. The so-called chatbot technology works through advanced natural learning processing and improved machine learning algorithms. Chatbots are the future of customer-based firms and here’s the reason why. Chatbots make the communication with your brand as simple and as easy as sending a one-to-one text message. You can even send notifications about new products, offers, shipping alerts, etc. in the same way rather than spam your customer’s inbox. Unlike human customer service and support representatives, chatbots don’t have the physical and mental inconsistencies that can degrade service levels.

    We have Siri, Alexa applications powered by artificial intelligence, helping its users by understanding their complex requests, personalizing responses, and interacting with them. Facebook also makes use of Natural Language Processing technology to work chatbots into its user experience. By now, it is known that in using such applications there’s a much lower tolerance for machines to make mistakes. According to a recent survey by Gartner, it was predicted that about twenty-five percent of customer service and support operations will integrate virtual customer assistant (VCA) or chatbot technology across engagement channels by 2020. Gartner’s findings revealed that over half of organizations have already invested in virtual customer assistants for customer service and the result was that post implementation of VCA, organizations had managed to reduce the number of calls, chat or email inquiries by 70%. Apart from that, it was also reported that the implementation of the technology has even brought increased customer satisfaction and saving 33% per voice engagement.

    Besides providing a scalable way to interact one-on-one with buyers, chatbots keep the conversation natural and intuitive with people you want to reach in the way that’s most comfortable to them. This has what mustered the retailers, organizations and online stores to implement VCA that takes up a majority of their human customer service representatives’ time promising great customer satisfaction. Chatbots and AI are increasingly helping businesses, organizations and marketers automate their interactions with consumers and customers in a more user-friendly environment.

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    Driverless Vehicle Technology – Nissan to introduce Brain-to-Vehicle Technology

    While technology is anticipated to reach heights in 2018, Driverless Vehicle Technology is expected to go mainstream in this year. Driverless Vehicle Technology has been in development for some time and researchers have been experimenting with self-driving vehicles for over 45 years. In 2010, Google first announced and launched its self-driving car project that could possibly reduce the number of accidents to half in a year. By 2015, Google’s self-driven cars had traveled more than 1 million miles without causing an accident, although they have made few collisions. Ever since that, many leading car developers including BMW, Ford, Audi, Tesla have entered the race, with Toyota and Nissan being added to the ring recently.

    Today, that same idea fuels for an acceleration in the adoption of this technology all for a good reason. The car manufacturers are now investing in the autonomous, self-driven technology. Driving a car is one of those complex learned activities for the physical and mental well-being of any individual. However, AI and the digital world has made it all easier now with driverless cars technology.

    While many car manufacturing companies are taking a constructive approach to self-driven cars, here comes Nissan with an entirely different dimension for driverless technology. The Japanese company has recently unveiled the details of its driverless technology that is being incorporated into its vehicle system. The Brain-to-Vehicle technology(B2V), as termed by Nissan, will be the first of its kind in the world, as it promises brain scanning technology that reads the minds of the drivers.

    As per this B2V technology, the driver has to wear a device probably a brainwave monitoring headset that is capable of detecting and measuring brain wave activity, which is then analyzed by the Nissan’s autonomous-drive systems. These on-drive systems make inferences or anticipate the intended movements from the driver and then take appropriate actions such as turning the steering wheel or slowing the car. These reactions are so quick that they are taken place as much as 0.2 to 0.5 seconds faster than the driver can manage manually.

    Nissan claims that their Brain-to-Vehicle or B2V technology will speed up the reaction times and it makes driving more enjoyable. B2V is the latest development in Nissan Intelligent Mobility. Nissan is going to demonstrate the B2V at the upcoming Consumer Electronics Show in Las Vegas on January 9-12, 2018.

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    Digital Transformation in the Pharma Industry

    The digital transformation over the decades developed into a storm sweeping the shores and transforming the various fields like retail, banking, media, transport, etc. Another industry that has recently joined the above list by being hit by the storm is the healthcare industry with pharmaceutical companies becoming no exception to it. The advancements in technology and its innovations like cloud computing, mobile communications, advanced analytics and the internet of things have started transforming the healthcare industry just like the way it had transformed diverse fields across the globe.

    The recent trends have been reshaping the healthcare industry in ways it was never imagined and have been fueling the push towards the growth and success rate. The pharma industry had witnessed an impact on the entire product life cycle starting from the early drug development to delivery and finally patient care. Digitalization in pharma industry now has just gone beyond the drug; it’s no longer providing the drugs alone but services as well. Below are few advancements in healthcare and pharma industry that made the users think ‘beyond the pill’.

    Pharma IoT

    The Pharma Internet of Things platform helps the industry to move away from the conventional manual testing and embrace innovation to overcome quality issues. IoT can be used to digitally transform Pharmaceutical manufacturing and supply chain. During the drug development process, digital packaging can be used to ensure drug integrity and traceability across the supply chain, whereas temperature sensing tags can be used to monitor cold chain conditions and thus ensure and maintain product quality in transit.

    Electronic Health Records

    An electronic health record (EHR) is a digital version of a patient’s paper chart which contains the medical and treatment histories of patients. Use of EHRs makes information available instantly and securely to authorized users. Any patient who is under the care of multiple doctors or been visiting several hospitals, EHR data allows access to providers who can make use of it to deliver appropriate treatment and make decisions about patient’s care. The data can be created, managed, and consulted by authorized providers and staff from across more than one healthcare organization to deliver appropriate treatment and care.

    Wearable technology

    There are many wearable devices that are available currently which provide real-time monitoring of disease symptoms along with medication management thereby improving the patient outcomes and quality of life. There are sensor connected wearables for Parkinson’s disease that help improve adherence treatment and patient outcomes. The wireless patient-worn sensor is coupled with a mobile app to monitor patient’s condition that sends him/her reminders to adhere to the prescribed treatment and also sends the neurologist compliance and health-status reports. Fitness wearables such as Fitbit and Apple Watch have increased the ability of patients to take responsibility for their own health.

    Engagement of patients

    With the vast amount of information available on internet, apps and online resources, patients are becoming more engaged in taking greater care of their own health than depending on doctors for advice. Online communities for sharing and discussing patient’s experience, apps, the impact of therapy on patients daily life and sensors to monitor disease symptoms etc. have been equipping patients with more information on the product performance and engaging them fully.

    Better Patient Outcomes

    Having data that demonstrates the value of their drugs in the real-world has become critical for pharma companies in the recent times. In order to retain the market and premium pricing, pharma companies should opt for digitally enabled solutions that showcase the evidence of value for their drugs. Coupling sensors and connectivity technologies with medical devices such as inhalers and insulin pens can help the companies to collect and analyze data to monitor a patient’s condition between visits to healthcare providers. Using these solutions(data) pharma companies can demonstrate the efficacy of the drug to the payors, governments, and policymakers for delivering improved patient outcomes and retaining premium pricing.

    Clinical Trials

    Pharma companies that are engaged in clinical trials, digital transformation in pharma enables them to use the combination of advanced technologies and services for creating totally new kinds of disease treatment possibilities. Remarkably, most pharma companies are increasingly using smart technology platforms in clinical trials. In a recent note, Cognizant partnered with Biogen to provide SmartTrials platform to drive innovation in clinical development. The platform allows biopharma companies to support clinical operations by standardizing data exchange and replacing several data repositories with a centralized information hub.

    Pharma companies investing in virtual reality (VR) to market their products.

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    5 C’s to become a successful Team Leader

    Who would not want to be a leader in any organization? Many of them rather all of them who have just begun their career and want to grow through the hierarchy from being an effective team leader to a manager to a CEO. It should be in one’s determination to become a leader and when you see yourself as a leader you are already one. However, to become a successful team leader and play an efficient role in managing a team, there are few characteristics and responsibilities that an individual should be equipped with. If you are a team leader and are looking forward to being successful in the role, we provide you a few tips that can help you in your success. Below are the 5C’s

    1) Communication

    As a team leader, you should be an effective communicator, broadly speaking, you should over-communicate. Whenever you have a new member joining your team, you can communicate with them making them comfortable with the team, building a nice work environment, and sharing the work plan and the work process with them. Be transparent in explaining what you expect from them, share your opinions and tell them that you want them to learn and perform as part of the work.

    2) Continuous Interaction

    Continuous interaction and communication may sound similar or look similar, but they aren’t. Continuous interaction requires communicating too often with the team members regarding the work, helping them out in resolving any issues that can not be done at a player level. It also needs one to ask questions and take on the unpleasant tasks on behalf of the entire team and this will surely make you earn respect in the eyes of the team members.

    3) Cooperation

    You have a team and each member of your team is a distinguished player. Your job is now to identify the member who could justify the particular role in your team and then assign. Taking a wrong decision or assigning a right role to a wrong person or a wrong role to a right person may end up in chaos. A team leader should cooperate with his team members in asking and discussing with them as what they actually want to do, their relative experience in a respective role and their expertise in it. This would further help him in making better decisions concerning his team.

    4) Coordination

    Leading a team marks a great step forward in your career. And the right approach in leading the team in a right way will help you find success. A leader’s success is majorly found in the entire success of the team and celebrating the individual’s success. To achieve this, he should support the members in their most critical times and failures. If any member comes forward with a complaint or grievance against his team person, he should give proper attention and assure employees that their concerns are being heard. He should coordinate with them to come up with the best ways to address team player’s complaints and manage their outcomes. In case of any mistakes, don’t simply blame or criticise them but work to fix them instead.

    5) Collaboration

    A leader is a one who generally works alongside with his team. If you want to contribute to the success of the team, you should be at the forefront in doing the things that you want to get done from the team members. Work in collaboration with the team to execute a perfect vision that will further deliver the desired results.

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