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,…
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…
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 is…
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…
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…
Sheikh Zaki Yamani, a former oil minister for Saudi Arabia, once observed that the end of the oil age was near. Close to two decades later, the world seems to be as addicted to the ‘black gold’ as during the oil embargo of the ‘70s. Interestingly, the threat of a “cataclysmic crash in the price of oil,”…
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 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. Interestingly,…
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…
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 in…
