Wednesday, April 8, 2020
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The Future of Business. Where are industries heading and what are the upcoming business trends.

Massages at Sweet Brook Massage Spa. Photo credit: Sweet Brook Massages.
The global wellness market is one of the fastest-growing, according to the Global Wellness Institute. As of 2018, the market was worth $4.2 trillion, having expanded at an average rate of 12.8% since 2016. However, there are no clear distinctions in an industry that encompasses the gym economy, massage and spa economy, mineral spring’s market, and so much more. Nonetheless, the...
Vamcity Store in Vancouver. Photo credit: Mike
Cannabis goes back to the era when ancient humans used hemp seeds as food while extracting fibers from cannabis for a range of uses. Quite naturally, they would discover that the substance has medicinal significance. Today, marijuana is useful for both medicinal purposes and for getting people high. As an industry, the cannabis sector as mainly remained underground until some...
European Banking Authority. Photo credit: EBA
Gone are the days when the word ‘loan’ existed only in the dictionary of banks and shylocks. Today, technology is revolutionizing global finance such that people can access credit outside the strict bounds of the financial industry. Notably, the peer-to-peer (P2P) lending industry is one of these mediums. The global P2P lending platforms industry...
New Telecommunication equipment for Telenursing at Health Sciences North/Horizon Santé-Nord (HSN) in Ontario, Canada. Photo credit: Rosie Andre.
According to Gartner Glossary, digitalization is the case where a business adopts technology to deliver its products and services to its customers. Telehealth is a perfect example of digitalization, where healthcare providers are embracing digital business models to deliver better services faster. Being a new sector, where is telehealth now? Where is it headed? This article attempts to provide the answers.
Facebook headquarters in 1 Hacker Way, Menlo Park, United States. Photo credit: Jimmy Baikovicius.
Social media is no longer a foreign concept, at least to more than 3.5 billion people on the internet. Notably, the number of people using any form of social media has been on the rise in the early 2000s. The social media landscape has evolved so much that companies that were prominent earlier are nowhere today in terms of...
Automated Guided Vehicle. Image by: Wolfgang Klein.
A report by the Office of National Statistics of the United Kingdom predicted that close 1.5 million Brits could lose jobs to automation. According to the report, improved functionality of automated guided vehicles (AGVs) could enable them to work as waiters, bar staff, and even shelf fillers. Although such news might paint a bleak picture of what the future...
Solar panel in the Amareleja Photovoltaic Solar Plant, Portugal. Photo by: Vitor Oliveira.
The year 2019 has experienced vicious wildfires in California, Australia, and many parts of the world. In California, experts warn that there is a threat of more fires going forward due to warming climate. On the other hand, the wildfires in Queensland and New South Wales in Australia have been blamed on an abnormally long drought season.
Jean-Francois Gagné, CEO at Element AI, an artificial intelligence software company. Photo by: Via News.
We met with Jean-François Gagné, the CEO at Element AI, a global AI software provider that aims to solve real-world problems. Jean-François Gagné has made a name for itself in the field of artificial intelligence. Element AI is not Gagné’s first enterprise. He launched his first company at 20, selling it years later to create another.
Roche Building 1 / Herzog & de Meuron. Image by: Fred Romero
Biotechnology is a new concept from a scientific point of view. The first serious developments in the industry began to be noticeable in the 1970s. A few years later, it seems biotechnology holds the answers to all problems facing this planet and its inhabitants. Fast forward, the industry is massive. Growth of the industry...
VR glasses by Facebook-owned Oculus VR is one of the leading companies in the VR industry.
Virtual Reality (VR) first emerged as an aspect of entertainment that is focused on taking people away from the familiar environment. Incidentally, VR has grown to find applications in diverse industries. This informs the current surge in interest in VR and its potential by companies all across the globe. The current state of VR...
Manufacturing equipment. Image by: Mixabest.
In the past few years, Artificial Intelligence has been one of the technologies that are growing fast and disrupting almost every sector. Implementation of AI is very vital in defining future growth in various industries and manufacturing will be the most impacted on the industry. Countries and several businesses across the globe have been trying to develop...
Coworking at Hub Vilnius in Lithuania. Photo by: Mindaugas Danys.
The work environment is changing rapidly and it is vital to understand how the changes are defining the landscape. New trends are disrupting the work environment which requires organizations and employees to adopt the trends to be relevant. Technological advancement such as automation and AI, globalization as well as new approaches like working from home or cafes...

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Brennan Basnicki, founder of ripatrip, snowkiting in Norway (Photo credit: ripatrip)

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Future of Work

Robotics

The Heasy robot has been designed as a smart home terminal, able to educate customers and move alone in space. Photo by: LSA.

Artificial Intelligence Is Leading a Revolution in Robotics

Robotics, as a discipline has been around for a long time. The increasing demand for automation, however, has seen interest in robots grow exponentially. Statista estimates that the market for Robo-advisors will be worth...
An aquatic soft robot, inspired by a lionfish and designed by James Pikul, former postdoctoral researcher in the lab of Rob Shepherd. Photo by: Cornell.edu.

Artificial Intelligence-Powered Robotic Fish

For the longest time, robots have been essential, even as developers tried to make them more human in the way they operate. Fast forward researchers at Cornell University have demystified this thought...

Artificial Intelligence

Jean-Francois Gagné, CEO at Element AI, an artificial intelligence software company. Photo by: Via News.

How to Implement AI Into Your Business

We met with Jean-François Gagné, the CEO at Element AI, a global AI software provider that aims to solve real-world problems. Jean-François Gagné has made a name for itself in the field...
A Cruise Automation Chevrolet Bolt, third generation, seen in San Francisco. Photo by: Dilu,

Will AI Live Up to the Hype? A Look at Current Trend and Future...

Artificial Intelligence (AI) is no longer stuff for the movies but a reality that is unfolding. The technology is slowly permeating human life through driverless cars, the use of algorithms to accomplish...
Manufacturing equipment. Image by: Mixabest.

How Artificial Intelligence Revolution Is Disrupting Manufacturing Industry

In the past few years, Artificial Intelligence has been one of the technologies that are growing fast and disrupting almost every sector. Implementation of AI is very vital in defining future growth...