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kirtilabsoo1 · 18 days ago

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Vehicle Parking Management System: Revolutionizing Urban Mobility

In the bustling environments of modern cities, managing the ever-increasing number of vehicles has become a daunting task. With limited parking space and an increasing number of vehicles on the road, the need for an efficient, intelligent, and scalable Vehicle Parking Management System (VPMS) has never been greater. This system offers a structured approach to the planning, monitoring, and execution of parking activities, reducing chaos and optimizing space usage.

This blog explores the concept, components, types, technologies, benefits, challenges, and future scope of Vehicle Parking Management Systems.

Introduction to Vehicle Parking Management Systems

A Vehicle Parking Management System is a comprehensive solution that automates and optimizes the management of parking facilities. It helps manage parking lots or garages more efficiently, enhances user convenience, reduces environmental impact, and increases revenue for facility owners.

VPMS combines hardware components such as sensors, gates, ticket dispensers, and cameras with software tools like mobile apps, analytics platforms, and control dashboards. Together, they create a smart system capable of real-time monitoring and decision-making.

Why Do We Need a Parking Management System?

The global population is urbanizing rapidly. With urbanization comes an increase in personal and commercial vehicles. However, city infrastructure, especially parking, hasn't grown at the same pace. As a result, cities are grappling with:

Traffic congestion due to vehicles searching for parking spots.

Wasted fuel and time during the search for available parking.

Increased air pollution from idling vehicles.

Security concerns in unmanaged parking areas.

Inefficiencies in revenue collection and enforcement.

A Vehicle Parking Management System addresses these issues by streamlining parking operations and making them more predictable and user-friendly.

Components of a Parking Management System

A robust VPMS includes both hardware and software components that work in synergy:

1. Hardware Components

Entrance/Exit Gates: Automated barriers controlled by software for access control.

License Plate Recognition (LPR) Cameras: Capture and recognize vehicle plates for entry/exit logging.

RFID/Bluetooth Readers: Used for automatic vehicle identification.

Ticket Dispensers or QR Code Scanners: For visitor entry, payment, and tracking.

Sensors: Ground or overhead sensors detect whether a spot is occupied.

Display Panels: Guide users to available parking spaces.

2. Software Components

User App/Web Portal: Enables users to check availability, reserve spots, make payments, and receive notifications.

Admin Dashboard: Allows facility managers to monitor usage, collect payments, and enforce rules.

Analytics Engine: Provides reports on usage, trends, and financials.

Payment Gateway Integration: Supports various payment modes, including cards, digital wallets, and UPI.

Types of Parking Management Systems

Parking management systems can be categorized based on operation mode, technology, and scale.

A. Based on Operation Mode

1. Manual Parking Systems

Rely on human staff for managing parking entries and exits.

Prone to errors and inefficiencies.

2. Semi-Automated Systems

Use ticketing machines and partial software integration.

Still requires human oversight but is more efficient than manual systems.

3. Fully Automated Systems

Uses sensors, ANPR, mobile apps, and automatic gates.

Requires minimal human intervention.

B. Based on Technology

1. Smart Parking Systems

Use IoT, AI, and cloud computing for real-time parking data and decision-making.

Suitable for smart cities and urban centers.

2. Mechanical/Automated Car Parking Systems

Multi-level or robotic systems that park cars using mechanical lifts.

Saves space but is expensive to implement.

How Does a Vehicle Parking Management System Work?

Here's a simplified flow of how a VPMS typically functions:

Entry Detection: When a vehicle approaches, ANPR or RFID systems detect the vehicle.

Availability Check: The system checks if there are available spots.

User Authentication: For registered users, the system grants access automatically. For visitors, it issues a ticket or QR code.

Parking Guidance: The user is directed to an available spot via digital signage.

Payment: Payment can be made upfront, during parking, or at the exit via mobile app or kiosks.

Exit Processing: The system checks for payment and releases the gate.

Data Logging: All activities are logged for auditing, analytics, and reporting.

Technologies Behind Modern Parking Management Systems

1. Internet of Things (IoT)

IoT-enabled sensors help detect vehicle presence in parking slots and transmit data in real-time to the management system.

2. Artificial Intelligence (AI) & Machine Learning (ML)

AI algorithms optimize space allocation, predict peak hours, and suggest dynamic pricing models based on demand.

3. Cloud Computing

Cloud infrastructure allows centralized control and access from anywhere, facilitating data storage, analytics, and integration with other smart city systems.

4. Mobile Apps & Web Portals

Mobile platforms enhance user experience by offering real-time updates, navigation assistance, and cashless payments.

5. Big Data Analytics

Data collected from sensors, cameras, and user interactions is analyzed to provide insights for better decision-making.

6. Blockchain (Emerging Tech)

Some systems use blockchain for secure, transparent, and decentralized parking transactions.

Benefits of Vehicle Parking Management Systems

1. Enhanced User Convenience

Real-time availability display.

Cashless, fast payments.

Reduced time to find parking.

2. Operational Efficiency

Automated logging and reporting.

Reduced dependency on human staff.

Lower operational costs.

3. Revenue Optimization

Transparent billing.

Prevention of revenue leakage.

Dynamic pricing based on demand.

4. Improved Security

ANPR and CCTV ensure proper logging of entries and exits.

Prevents theft and unauthorized parking.

5. Environmental Benefits

Reduces emissions from idling vehicles.

Encourages eco-friendly transport planning.

Challenges in Implementing Parking Management Systems

While VPMS offers numerous benefits, it comes with its share of challenges:

1. High Initial Cost

Advanced systems require a significant upfront investment in infrastructure and technology.

2. Integration with Legacy Systems

Integrating VPMS with older municipal or private infrastructure can be technically challenging.

3. User Adoption

Some users may resist using digital systems due to unfamiliarity or lack of trust in technology.

4. Maintenance

Sensors and hardware need regular calibration and maintenance to ensure accurate readings.

5. Data Security

With personal and vehicle data being collected, ensuring privacy and data protection is crucial.

Use Cases and Applications

1. Shopping Malls and Commercial Complexes

Streamline visitor parking, offer VIP or reserved spots, and integrate loyalty programs.

2. Airports and Railway Stations

Manage long-term and short-term parking, support multi-level facilities, and integrate with transport schedules.

3. Residential Societies

Ensure only authorized residents and guests can park, and reduce internal disputes.

4. Hospitals

Provide quick access to emergency vehicles and ensure optimized use of limited space.

5. Smart Cities

Integrate parking management with traffic control, public transport, and urban planning systems.

The Future of Parking Management

The future of VPMS is closely tied to the evolution of smart cities, autonomous vehicles, and sustainable transport systems.

1. Integration with Autonomous Vehicles

Future parking systems will need to accommodate self-driving cars, which can self-park and communicate with VPMS directly.

2. Dynamic Pricing Models

Similar to surge pricing in ride-hailing apps, parking costs can vary based on demand, time, and location.

3. Green Parking Initiatives

VPMS will support electric vehicle (EV) charging, bicycle parking, and incentivize carpooling or low-emission vehicles.

4. Blockchain and Decentralization

For high-security environments, blockchain may provide transparent records of parking activities.

5. Augmented Reality (AR) Navigation

AR-based parking apps could guide drivers to free spots visually using smartphone cameras or car HUDs.

Conclusion

In an era where every inch of urban space is precious, Vehicle Parking Management Systems are not just a luxury—they are a necessity. By leveraging cutting-edge technology, VPMS can transform how we think about urban mobility, reduce traffic congestion, increase safety, and promote sustainable development.

For city planners, business owners, and technology providers, investing in an intelligent parking management solution is a step toward smarter and more efficient cities. As we look ahead, the evolution of parking systems will continue to play a pivotal role in shaping the future of transportation and urban living.

#Vehicle Parking Management System

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mysublimedestiny · 1 month ago

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Beer Dispensers Market Key Drivers Fueling Growth and Technological Advancement Across Global Segments

Beer Dispensers Market Drivers: Fueling Growth and Innovation

The global beer dispenser market is experiencing a significant transformation, driven by evolving consumer preferences, technological advancements, and the expansion of the hospitality industry. As establishments seek to enhance operational efficiency and meet the growing demand for diverse beer offerings, several key drivers are propelling the market's growth.

1. Rising Popularity of Draft Beer

Consumers are increasingly favoring draft beer over bottled or canned options due to its freshness and superior flavor. This preference has led to a surge in demand for innovative beer dispensing systems that enhance the overall beer-drinking experience. Both traditional beer-drinking regions and emerging markets are witnessing this trend, contributing significantly to market growth. The growing trend of home bars and personalized beer experiences is also driving demand for residential beer dispensers, further expanding the market.

2. Booming Trend of Craft Breweries

The global craft beer movement has gained momentum, with consumers seeking unique and artisanal brews. Craft breweries rely on beer dispensing systems to showcase their diverse range of products consistently. This trend is particularly pronounced in regions like North America and Europe, where a high concentration of craft breweries drives market growth. The increasing popularity of beer festivals and tasting events also highlights the importance of reliable and efficient dispensing systems, further boosting market demand.

3. Technological Advancements in Dispensing Systems

Manufacturers are integrating advanced features into beer dispensing systems, such as temperature control, automated cleaning processes, and smart dispensing interfaces. The adoption of IoT (Internet of Things) connectivity allows for remote monitoring and management, providing real-time data on factors like temperature and keg levels. These advancements improve the quality of beer served and contribute to operational efficiency for businesses. Enhanced user interfaces and mobile app integration are also becoming standard features, making these systems more user-friendly and appealing to a tech-savvy customer base.

4. Expansion of the Hospitality Industry

The global expansion of the hospitality industry is another key driver for the beer dispenser market. As economies grow and disposable incomes rise, there is an increase in consumer spending on dining out and entertainment. This trend is particularly evident in emerging markets experiencing urbanization and changing lifestyles. The demand for beer dispensers is closely linked to the growth of bars, pubs, and restaurants, which seek to offer a diverse and attractive beverage menu to cater to evolving consumer tastes. Moreover, the rise of themed restaurants and bars focused on unique drinking experiences is driving the need for advanced dispensing solutions that can enhance the ambiance and customer experience.

5. Innovation in Dispensing Technologies

Innovative dispensing technologies are reshaping the beer-serving landscape. For instance, the Bottoms Up Draft Beer System fills cups from the bottom, allowing bartenders to serve beer more efficiently during peak hours. This system has been adopted by numerous establishments, including major chains, to enhance operational efficiency and customer experience.

Additionally, automated beer dispensing robots can function as bartender assistants or standalone vending machines. These devices can dispense up to 450 beers per hour and integrate with payment systems for contactless transactions, catering to the growing demand for automation in the hospitality industry.

6. Growth in Residential Beer Dispensing

The trend of home entertainment, particularly in the wake of the COVID-19 pandemic, has resulted in a surge in demand for beer dispensers in residential settings. As home gatherings become more common, consumers are increasingly seeking compact, user-friendly dispensers that allow them to serve beer at home with the same quality and experience as in commercial establishments.

7. Regional Market Dynamics

Europe holds a dominant share of the beer dispenser market, driven by a strong beer-drinking culture and numerous beer festivals. Germany, in particular, has a significant demand for beer dispensers due to events like Oktoberfest, where large quantities of beer are consumed. The Asia-Pacific region is expected to grow at the fastest rate, fueled by increasing disposable incomes and a growing preference for premium and specialty beverages. Countries like Japan are witnessing a rise in craft beer consumption, further driving the demand for advanced dispensing systems.

Conclusion

The beer dispenser market is experiencing robust growth, driven by factors such as the rising popularity of draft and craft beers, technological advancements in dispensing systems, and the expansion of the hospitality industry. As consumer preferences continue to evolve, manufacturers are innovating to meet the demand for efficient, high-quality, and user-friendly beer dispensing solutions. The market's future appears promising, with opportunities emerging across both commercial and residential segments, as well as in diverse regional markets.

#beer dispenser market #beer dispenser market drivers

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globalinsightblog · 2 months ago

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Vending Machine Market Size, Share & Growth Analysis 2034

Vending Machine Market is poised for remarkable growth, projected to rise from $3.5 billion in 2024 to $6.5 billion by 2034 at a CAGR of 6.4%. As consumers increasingly prioritize convenience and speed, vending machines have transformed from simple snack dispensers to tech-integrated retail hubs. From beverages and snacks to electronics and personal care items, modern machines cater to a wide range of preferences. The rise of smart vending — featuring IoT connectivity, AI-driven inventory, and mobile payment integration — has helped the market expand into new spaces like offices, airports, hospitals, and even educational institutions. With more than 18.5 million units globally as of 2024, this market continues to evolve, offering innovative solutions for both urban and semi-urban environments.

Market Dynamics

Several factors are fueling the expansion of this dynamic industry. First, consumer lifestyles have shifted toward healthier choices, prompting a spike in demand for low-calorie and organic vending options. Second, the rise of cashless and contactless payments — accelerated by the pandemic — has made traditional coin-operated machines seem obsolete.

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Third, smart vending machines now allow real-time data tracking and efficient restocking, making operations smoother for vendors. Moreover, sustainability is a rising priority; companies are turning to energy-efficient machines and recyclable packaging to appeal to eco-conscious consumers. However, challenges remain. High initial investment costs, rapidly evolving regulations, and changing consumer behaviors are hurdles that vendors must continuously navigate.

Key Players Analysis

Leading the global vending machine market are companies like Azkoyen Group, Fuji Electric, Royal Vendors, and Crane Merchandising Systems. These key players dominate through constant innovation, strategic acquisitions, and expansive service networks. They are focused on integrating advanced technologies such as AI, machine learning, and cloud-based management systems. Emerging names like Smart Serve, Snack Mate, and Eco Vend are making waves by offering niche and sustainable solutions tailored to health-conscious consumers. The combination of legacy expertise and fresh innovation makes this sector both competitive and collaborative.

Regional Analysis

Regionally, North America holds the top spot, thanks to its strong infrastructure, high purchasing power, and affinity for tech-driven convenience. The United States, in particular, is a hotbed for smart vending adoption. Europe follows closely, with countries like Germany and the UK pushing for greener vending solutions and healthier product offerings. The Asia-Pacific region is set for explosive growth. Japan remains a trendsetter with futuristic machines, while China and India are catching up quickly due to rising urbanization and disposable incomes. Latin America, led by Brazil and Mexico, is emerging as a high-potential market, driven by its growing retail and hospitality sectors. Meanwhile, the Middle East and Africa are gradually entering the scene, with the UAE spearheading smart vending projects aligned with smart city initiatives.

Recent News & Developments

The vending machine industry is experiencing a digital transformation. Machines today are equipped with features like AI-based recommendations, remote diagnostics, and automated restocking alerts. The rise of micro markets — self-service, unattended stores with broader product selections — is a game-changer, especially in educational institutions and corporate spaces.

Pricing trends reflect the increased functionality of modern machines. While basic models remain cost-effective, high-end machines with advanced features can range from $3,000 to $10,000, justified by increased efficiency and ROI. Moreover, sustainability is shaping the future, with vendors increasingly adopting green initiatives in machine design and product packaging.

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Scope of the Report

This report offers a comprehensive analysis of the vending machine industry, covering market size, trends, segmentation, competitive landscape, and growth opportunities across multiple regions. It dives into segments like beverage, food, snack, smart, and combo machines, along with services including installation, maintenance, and leasing.

Additionally, the study covers technologies such as cashless payment systems, touchscreens, and IoT integration, and analyzes deployment across corporate, healthcare, transportation, and retail sectors. This report is a strategic tool for stakeholders to understand market dynamics, capitalize on new opportunities, and make data-driven decisions.

Discover Additional Market Insights from Global Insight Services:

Wet Pet Food Market : https://www.globalinsightservices.com/reports/wet-pet-food-market/

Food Testing Services Market : https://www.globalinsightservices.com/reports/food-testing-services-market/

Food Preservatives Market : https://www.globalinsightservices.com/reports/food-preservatives-market/

Bakery Products Market : https://www.globalinsightservices.com/reports/bakery-products-market/

Egg Packaging Market : https://www.globalinsightservices.com/reports/egg-packaging-market/

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About Us:

Global Insight Services LLC 16192, Coastal Highway, Lewes DE 19958 E-mail: [email protected] Phone: +1–833–761–1700 Website: https://www.globalinsightservices.com/

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healthcareblogs23 · 4 months ago

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Medical Carts Market Trends: Rise in Demand for Point-of-Care Solutions

The Medical Carts Market is witnessing significant growth, driven by increasing demand for efficient and mobile healthcare solutions.

Medical carts, used to store and transport medical supplies, medications, and equipment, play a crucial role in improving patient care and streamlining hospital workflows. The growing emphasis on enhancing hospital efficiency and the rising adoption of electronic health records (EHR) have further fueled the demand for medical carts. Technological advancements, including integration with IoT and AI, are enhancing the functionality and versatility of medical carts, making them essential in modern healthcare settings.

The Medical Carts MarketSize was valued at USD 3.08 billion in 2023 and is expected to reach USD 12.56 billion by 2032 and grow at a CAGR of 16.88% over the forecast period 2024-2032.

Regional Analysis

The North American market holds the largest share in the medical carts market due to well-established healthcare infrastructure, high adoption of advanced medical devices, and increased government funding for healthcare facilities. The European market follows closely, driven by the rising focus on improving patient safety and healthcare efficiency. The Asia-Pacific region is anticipated to witness the fastest growth, fueled by increasing healthcare expenditure, growing patient population, and a rise in the number of hospitals and clinics. Countries such as China, India, and Japan are at the forefront of this growth due to rapid urbanization and modernization of healthcare infrastructure. The Middle East and Africa and Latin America markets are also poised for steady growth, supported by improving healthcare access and investments in medical technology.

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Key Players The major Players Ergotron, Inc, ITD GmbH, Godrej Interior Healthcare, Capsa Healthcare, Enovate Medical, Touch Point Medical, JACO Inc, Advantech Co., Ltd, Harloff Manufacturing Co, Medline Industries Inc, Holo Industries LLC , Armstrong Medical Inc, McKesson Medical-Surgical Inc, Omni cell Inc, Altus Health Systems, Compu Caddy, and others.

Key Points

Increasing demand for mobile and technologically advanced medical carts in hospitals and healthcare facilities.

Rising adoption of electronic health records (EHR) and point-of-care testing driving market growth.

North America holds the largest market share due to advanced healthcare infrastructure.

Asia-Pacific expected to register the highest growth rate due to increasing healthcare spending.

Key players in the market include Ergotron, Capsa Healthcare, ITD GmbH, Midmark Corporation, and AFC Industries.

Growing focus on reducing hospital-associated infections (HAIs) through improved hygiene and storage solutions.

Expansion of smart and AI-integrated medical carts enhancing operational efficiency.

Future Scope

The future of the medical carts market looks promising, with technological innovations and increased healthcare investments driving growth. The integration of smart technologies such as RFID tracking, automated medication dispensing, and AI-based inventory management is expected to enhance the functionality of medical carts. Additionally, the growing trend of home-based healthcare and remote patient monitoring will further increase the demand for portable and multifunctional medical carts. Manufacturers are focusing on developing lightweight, ergonomic, and durable carts to meet the evolving needs of healthcare providers. Moreover, the shift toward personalized medicine and precision healthcare will create new opportunities for market expansion.

Conclusion

The medical carts market is poised for substantial growth in the coming years, driven by increasing demand for efficient healthcare solutions, technological advancements, and rising healthcare expenditures. As healthcare facilities seek to enhance patient care and streamline workflows, the adoption of innovative medical carts is expected to accelerate. Market players are likely to focus on product innovation, strategic partnerships, and expanding their global footprint to capitalize on emerging opportunities.

Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

#Medical Carts Market #Medical Carts Market Share #Medical Carts Market Growth

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mrunalijadhav · 5 months ago

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Intelligent Vending Machines Market Growth Fueled by AI, Cashless Payments, and Consumer Convenience Trends

The intelligent vending machines market is witnessing substantial growth due to advancements in artificial intelligence, smart payment solutions, and automation. Businesses are increasingly adopting these machines to enhance customer engagement and optimize operational efficiency. With the growing preference for cashless transactions and real-time inventory tracking, the demand for intelligent vending machines continues to rise.

Growing Adoption of AI and IoT Technologies

Artificial intelligence and the Internet of Things (IoT) are revolutionizing the vending industry. AI-powered vending machines can analyze consumer preferences, suggest products, and optimize stock levels. IoT connectivity ensures seamless machine monitoring, predictive maintenance, and remote troubleshooting, reducing downtime and operational costs. These advancements enhance user experience while making vending machines more efficient and reliable.

Increasing Demand for Cashless and Contactless Payments

Consumers today prefer digital payment options over traditional cash transactions. Intelligent vending machines support multiple payment methods, including mobile wallets, NFC-enabled cards, and QR codes, ensuring convenience and security. The rise of contactless payments, especially post-pandemic, has accelerated the deployment of these smart vending solutions in various industries, including retail, transportation hubs, and corporate spaces.

Enhanced Consumer Experience with Personalization and Interactive Displays

Modern vending machines offer a personalized shopping experience through interactive touchscreens and AI-driven recommendations. They can recognize returning customers and suggest products based on purchase history. These features not only boost sales but also improve customer satisfaction. Augmented reality (AR) and voice recognition capabilities are further enhancing consumer engagement, making vending machines an attractive option for businesses.

Expansion of Smart Inventory Management and Data Analytics

Businesses are leveraging intelligent vending machines to optimize inventory management through real-time data analytics. Automated restocking alerts and demand forecasting reduce wastage and improve product availability. Smart analytics also help businesses understand consumer behavior, refine marketing strategies, and introduce targeted promotions, ultimately driving higher revenues and customer retention.

Rising Popularity in Diverse Industry Applications

The deployment of intelligent vending machines is expanding across various sectors, including healthcare, education, and hospitality. Hospitals use them for dispensing medical supplies, while universities integrate them for student convenience. Hotels and restaurants leverage vending solutions to offer self-service food and beverage options. This widespread adoption highlights their versatility and growing significance in modern commerce.

Conclusion

The intelligent vending machines market is thriving due to advancements in AI, digital payments, and data analytics. As businesses seek innovative ways to enhance efficiency and consumer engagement, the demand for these smart solutions will continue to grow.

#Intelligent Vending Machines Market

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svsembedded · 8 months ago

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industrynewsupdates · 9 months ago

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Key Technology Solutions Shaping the Future of the Smart Transportation Market

The global smart transportation market was valued at USD 110.53 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 13.0% from 2023 to 2030. This growth is primarily fueled by advancements in urban development projects, government initiatives aimed at reducing greenhouse gas emissions, and the rising demand for integrating technology into traffic control systems. Many cities face significant challenges, including poor quality and safety in public transportation, insufficient capacity to manage public transport effectively, concerns regarding road safety, inadequate traffic management, and parking difficulties. These issues are contributing to an increased demand for smart transportation systems, which are expected to see substantial growth in the near future. Factors such as rapid urbanization, the widespread acceptance of Internet of Things (IoT) technologies, and the rollout of 5G connectivity are facilitating the implementation of smart transportation infrastructure.

Between 2018 and 2019, the market witnessed substantial growth due to the application of existing technologies in vehicles and transportation infrastructure aimed at enhancing traffic management, improving safety, reducing maintenance costs, and enabling more efficient use of transportation networks. Additionally, the introduction of autonomous vehicles, increased investment in smart city initiatives, a decline in vehicle ownership, and the growth of Mobility as a Service (MaaS) are likely to create significant opportunities for companies in the smart transportation sector.

For instance, in September 2022, Indra Sistema S.A. announced a collaboration with Masmovil Group, a broadband service provider, to create an advanced ecosystem that will promote the growth of smart 5G services and solutions for the transportation industry. This partnership aims to develop and test innovative solutions based on the 5G communication standard, facilitating smarter, more connected, and sustainable mobility.

Gather more insights about the market drivers, restrains and growth of the Smart Transportation Market

Solution Insights

In 2022, the traffic management segment held the largest market share, accounting for over 32%, and is expected to remain dominant throughout the forecast period. Key solutions within this segment include integrated monitoring systems, intelligent parking systems, transportation planning systems, and ticketing management solutions. Among these, traffic management systems are the most recognized and widely adopted.

The demand for traffic management systems is driven by their ability to enhance safety, effectively manage traffic congestion, minimize energy consumption, and reduce pollution, among other benefits. These systems also address traditional challenges such as transit delays and enhance security for citizens.

For example, in August 2022, LG CNS announced plans to develop systems for both public transit and electric vehicles. The company aims to provide consulting services for smart city design projects in East Kalimantan, Borneo Island, and Indonesia's new capital city. Furthermore, LG CNS is working on establishing a foundational plan for introducing electric vehicles and developing public transit networks.

Another segment expected to experience significant growth is parking management. This segment encompasses systems such as exit ticket readers, decentralized payment collection systems, and ticket dispensers at entry and exit points. The rise in cloud-based parking services and the increasing availability of off-street parking are driving this segment's expansion. For instance, following the COVID-19 pandemic, various jurisdictions reinstated parking fines for off-street parking. In May 2020, the Lancaster City Council reintroduced parking fees in some of its off-street parking areas.

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#Smart Transportation Market #Smart Transportation Market Analysis #Smart Transportation Market Report #Smart Transportation Industry

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siva621 · 2 years ago

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Portugal Forecourt Market : A Comprehensive Overview

The forecourt market in Portugal has undergone a remarkable evolution in recent years, adapting to technological advancements, changing consumer behaviors, and global events such as the COVID-19 pandemic. This article explores the various facets of the Portugal forecourt market, from its historical roots to the present landscape, and delves into future trends and challenges.

Introduction

Portugal's forecourt market has witnessed substantial growth, becoming a vital part of the country's economic landscape. Forecourts, traditionally associated with fuel stations, have evolved into multifaceted service hubs offering an array of products and services. This transformation is fueled by the demand for convenience and the integration of cutting-edge technologies.

Evolution of Forecourts in Portugal

Understanding the historical context of forecourts in Portugal provides insights into their development. Initially centered around fuel distribution, forecourts have expanded their offerings to include convenience stores, electric vehicle charging stations, and other services. The integration of technology, such as automated fueling systems and digital payment options, has played a pivotal role in shaping the modern forecourt experience.

Current Market Landscape

The Portugal forecourt market is characterized by a competitive landscape, with key players dominating specific regions. Major oil companies and independent operators contribute to the diverse range of forecourt services available. From traditional fuel dispensing to gourmet coffee offerings, forecourts have diversified to cater to a broader consumer base.

Consumer Trends and Behavior

The preferences of consumers in Portugal have shifted significantly in recent years. Beyond the basic need for fuel, consumers now prioritize sustainability, convenience, and a seamless experience. The rise of electric vehicles has also influenced consumer choices, prompting forecourts to adapt by offering electric charging infrastructure.

Technology Integration

Technological advancements have revolutionized forecourt operations. From state-of-the-art fuel dispensing systems to advanced digital signage, forecourts leverage technology to enhance user experiences. Mobile apps that enable contactless payments and loyalty programs contribute to the efficiency and convenience of forecourt visits.

Sustainability Initiatives

In response to growing environmental concerns, many forecourt businesses in Portugal have embraced sustainable practices. This includes initiatives like recycling programs, energy-efficient infrastructure, and partnerships with eco-friendly product suppliers. Consumers, increasingly environmentally conscious, appreciate and support such green initiatives.

Challenges in the Forecourt Market

Despite the positive trajectory, the forecourt market in Portugal faces challenges. Regulatory hurdles, pricing pressures, and increased competition demand strategic responses from businesses. Adapting to evolving regulations and maintaining competitive pricing while ensuring quality service are ongoing challenges.

Innovations and Future Trends

The forecourt market continues to evolve, with ongoing innovations shaping its future. Artificial intelligence, data analytics, and the Internet of Things (IoT) are expected to play crucial roles in optimizing forecourt operations. The rise of autonomous vehicles presents additional opportunities and challenges for forecourt businesses.

Impact of COVID-19 on Forecourts

The COVID-19 pandemic has reshaped consumer behavior and business operations, and forecourts are no exception. The increased focus on hygiene and safety has prompted forecourt businesses to implement contactless services, enhanced sanitation measures, and digital communication strategies.

Case Studies: Successful Forecourt Strategies

Examining successful forecourt businesses provides valuable insights. Case studies highlighting strategies that led to success, such as innovative marketing campaigns, customer-centric approaches, and effective community engagement, offer lessons for other players in the market.

Customer Experience and Satisfaction

The importance of customer satisfaction cannot be overstated in the forecourt business. Beyond efficient fueling services, providing a positive customer experience, personalized services, and responsive customer support are crucial for building loyalty and sustaining a competitive edge.

Community Engagement and Corporate Social Responsibility

Forecourts play a role beyond business, actively engaging with local communities. Corporate Social Responsibility (CSR) initiatives, such as supporting local charities, environmental conservation projects, and community events, contribute to a positive brand image and strengthen community ties.

The Role of Marketing in Forecourt Business

Effective marketing is instrumental in attracting and retaining customers in the competitive forecourt market. Digital marketing strategies, including social media campaigns, loyalty programs, and targeted promotions, are key elements in reaching and resonating with the diverse consumer base.

Future Prospects and Expansion Opportunities

As the forecourt market evolves, various growth opportunities emerge. Expanding service offerings, exploring new technologies, and entering untapped regions present avenues for forecourt businesses to thrive. Strategic partnerships and collaborations can also drive growth in this dynamic market.

Conclusion

In conclusion, the Portugal forecourt market is a dynamic and evolving sector, influenced by technological advancements, changing consumer expectations, and global events. Businesses that successfully navigate challenges, embrace innovation, and prioritize customer satisfaction are likely to thrive in this ever-changing landscape.

To gain more information on the Portugal forecourt market forecast, download a free report sample

#Portugal forecourt market

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sahilblogs · 3 years ago

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Cloud-Connected Mobile Fuel Dispenser

Faststream Technologies provides #Cloud connected #Mobile #Fuel #Dispenser/bowser, used to serve fuel on-demand.

With the evolution of technology, the Internet of Things (IoT) has influenced all facets of life and the Oil & Gas industry is not left alone. Most of the industries viz. communications, manufacturing, automotive, and more have embarked upon IoT and AI/ML, and upliftments are experienced by all of us. Fuel dispensing is one such area where technological advancements have played an important role…

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#Cloud Connected Mobile fuel Dispenser #IoT based mobile Fuel Dispenser #Mobile Fuel Dispenser

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vivekc45 · 4 years ago

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Buying Diesel? Order online and get it delivered to you

Just like you order food online from Zomato or Swiggy, you can now also order petrol and diesel using a mobile app and will deliver the fuel to your home or office.

FuelBuddy promises door delivery diesel for your vehicles, DG sets, manufacturing plants across Delhi NCR. Orders can be made using their app or on their website. Delivery is within the same day, but you have to pay a small delivery charge. FuelBuddy Company holds the patent for IoT-enabled fuel dispenser that is considered as the next most significant revolution in the segment. The dispensing unit is controlled by the cloud-based platform, which eliminates the risk of wastage and other concerns.

A few months ago, they signed an agreement with Indian Oil to provide on-demand location-based fuel delivery system. FuelBuddy claims to be selling crore worth of diesel every month.

Once the customer places his order, the fuel would reach the concerned FuelBuddy dealer with complete details of the customer (name, mobile number, quantity required, address Band time of delivery).

After receiving the receipt of the order from the customer, the mobile petrol pump will reach the destination, and the dispensing would commence through the automation in a designated location (geofenced area). As part of safety, the dispenser will be equipped with fire extinguishers and safety cones to demarcate the delivery area.

The launch of Swiggy was a massive leap for food delivery industry and all the others. Uber too was a giant advent in the same sphere. On-demand fuel delivery is a replicated model of the same, more like Uber for fuel delivery.

It is as necessary as booking a cab. The user will Install the app – Register – Make a fuel delivery request for their location, and that’s it.

Robust reports and analytics here serve a dual role. The product in question here requires extreme safety to handle since fuel is highly inflammable. You can assess various controls, therefore like delivery times, temperature and pressures.

Beyond that, you can have complete control of managing inventory and supply. The data thus supports sound decision making.

Bringing together the entire tech isn’t as difficult as it may seem. A robust backend will guarantee swift functionality and determine how your app will interact with the users first hand. Get yourself an on-demand fuel delivery business.

Looking at the rise of such legal fuel delivery India, startups are rushing towards the ideas of connecting people with products or services while making their lives more convenient. One such idea taking pace these days is on-demand fuel delivery app.

High speed fuel delivery online becomes a success only when it checks some crucial boxes for customers and businesses. With on-demand fuel app, here’s what you are offering, and what your customers are willing to take it on hand.

#legal fuel delivery India #High speed fuel delivery online

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marketresearchblogs-blog · 5 years ago

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20 Markets to lookout for in 2020

Insight industry exhibits the potential to reveal major business events that impart most relevant insights and holds a strong influence on business communities. There have been notable trends in 2019 as the global insights industry crossed USD 45bn and still continues to raise the bar in the coming years.

Going forward, the market research industry continues to exhibit data insights leading to maximize revenue share for companies that are willing to conduct or outsource market research activities.

Dataintelo - A leading market research and consulting company published a list of 20 markets to look for in 2020.

1) Surgical Robots:

The surgical robots industry is expected to cross USD 25bn in the next five years as per findings by a market research report as there will be a huge demand for automation across the healthcare sector as automation is poised for complex procedures. Moreover, non-invasive surgeries are becoming a common trend for geriatric population with minimal surgical complications. It is also anticipated that surgical robots can help in reducing surgery costs and will gain a high popularity all across the healthcare and medical domain. At present, nanobots are employed for the treatment of arteries and catheter-based robots reveal better operative techniques for cardiac surgeries. North America is the leading market for surgical robots, says the report and it will continue to have a strong influence on the global market.

Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=11502&license_type=Single%20User

2) Telemedicine:

The telemedicine industry is expected to cross USD 22bn in the next five years attributing to rise in consultation costs for healthcare and pharmaceutical followed by treatment for chronic diseases. With the advent of technological innovations and availability of healthcare services, telemedicine market is expected to take a high leap in the near future. The telemedicine features in reducing patient visits to hospitals and clinics and simultaneously reducing the burden on hospital infrastructure. For instance, in the U.S. market telemedicine proves effective for cost-controlling in diabetic patients. Various telecare programs have already gained momentum and witness a high adoption. With the growing interest of consumers in mobile health, telemedicine applications are likely to hold a strong influence in the years to come. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=602&license_type=Single%20User

3) Defibrillator:

The defibrillator market is anticipated to witness a rise in revenue share by USD 9.5bn in the near future driven by a huge rise in cases of cardiac arrests. Both, developed and developing nations are now emphasizing on strengthening public infrastructure by offering emergency medical services and also offer a high awareness on cardiac health. Government norms and spending by major vendors is playing a crucial role in building future opportunities. In addition, use of wearable defibrillators is the latest trend witnessed as a healthcare application that augments the chance of survival in case of severe cardiac arrests by alarming the user even before it occurs. China, India, Japan and other markets within Asia Pacific are adopting to a robust healthcare infrastructure resulting in patient safety. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=31618&license_type=Single%20User

4) Halitosis:

The halitosis market witnessed a huge revenue share in 2019 accounting for USD 8bn. Surge in cases of halitosis is expected to widen the market scope. In a recent study conducted by dental institute, middle-aged people suffer from bad breath problems as a result of accumulation of oral germs and bad cavity. Alone in the United States, more than 70% population annually spends around USD 15bn on oral care and hygiene products to counter bad breath problems. Consumption of tobacco and alcohol have been major drivers for developing oral care problems within a vast population. It is also estimated that there will be an upsurge in the consumption rate in the next three years. Hence, Asia Pacific witness a significant rise in the treatment for halitosis treatment. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=48225&license_type=Single%20User

5) Cancer Stem Cell Therapeutics:

The cancer stem cell therapeutics market is an emerging one which is expected to bypass USD 150mn in the next five years. Major trends such as rise in awareness and use of advanced genome cell analysis methods have a strong influence the market for cancer stem cell therapeutics. Additionally, Asia Pacific countries like Japan and South Korea are now offering novel opportunities in the line of stem cell therapeutics. Regulatory guidelines and policies are undergoing several revisions for effective development of commercial market. Apart, clinical trials for stem cells validate the potency of stem-cell based products. For instance, there have been several trials undertaken by leading clinical institutes in China such as Xuzhou Medical University and the Affiliated Hospital of Academy of Military Medical Sciences. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=99773&license_type=Single%20User

6) Precision Farming/Agriculture:

Artificial Intelligence (AI) is all set to reform the agriculture industry and with this the global market for precision farming market is expected to witness a growth of USD 12bn in the next five years. According to market research experts, AI techniques such as farm robots, data mining and use of computational analysis for seasoned crops will be highly witnessed, Agriculture will therefore be a data-driven industry soon. In fact, the use of Internet of things (IoT) and advanced analytics is widely witnessed in several parts of developed countries. Adoption of UAVs, drones, irrigation controllers and steering systems is expected to gain a high momentum by mid 2020 which is expected to accelerate the proliferation of AI in agriculture. With this, sustainability and productive issues in farming can be confronted with adequate technological resources says a market research report. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=52811&license_type=Single%20User

7) Automated Dispensing Units:

Automation continues to induce a high interest in the medical industry and automated dispensing units are gaining a huge popularity. The revenue share is expected to sum at USD 1.8bn by 2021 attributing to the ongoing technological innovations and government norms. Automated dispensers find notable uses resulting to minimize medication errors and improve safety processes of healthcare. Healthcare management systems are adopting automated dispensers for effective drug management. Globally, North America market is anticipated to have a strong influence in the international market with concerns for patient health and safety. On the other hand, Asia Pacific witness a rise in geriatric population with immediate medical attention and crucial developments on the infrastructural front. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=82617&license_type=Single%20User

8) High Pressure Processing Equipment:

Manufacturing and production sectors are undergoing automation processes and it is likely that automated jobs will be soon a major trend. With the anticipation for the revenue share to cross USD 90bn in the next three years, the demand for high pressure processing equipment will witness huge a significance all over the food and beverage industry. Consumer demand for processed food and growing emphasis on food safety along with adoption of innovation fuels the market growth. Emerging economies such as Latin America and Brazil represent major opportunities for futuristic growth. Chocolate and confectionery processing units represent the largest share in the high pressure processing equipment market. Asia Pacific holds a major accountability thus representing the largest share. Widening scope of urbanization and demand for modern methods of food production are major drivers. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=87718&license_type=Single%20User

9) Reusable Straw:

Eco-friendly initiatives for consumables and stylish trends of bio-based materials in food industry is globally evident. Government norms and policies followed by ban on plastic products in the food industry highlights the shift from traditional to eco-friendly approach. For instance, paper straws have a huge impact on the market attributing to high adoption in the retail sector. Consumer trends such as high awareness, and demand for bio-based reusable materials is likely to be witnessed all across the mature markets. Overall, the reusable straw industry is poised to exhibit a high growth rate in the next three years. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=11464&license_type=Single%20User

10) Home Fitness Equipment:

Indoor fitness trends such as calorie burnout, cardio, open air gymnasium and power yoga are gaining high momentum and therefore the market for home fitness equipment is anticipated to value at USD 15bn in the next three years. Most commonly used equipment are treadmills, stationary bikes and elliptical are in high demand across the global markets. Moreover, the need for maintaining high fitness levels to combat lifestyle diseases is widely witnessed in the urban settings. Professional commitments and time constraints have been fueling the concept of home fitness equipment in the metropolitan cities. Ranging from small to large, fitness equipment for indoors enjoy a wide popularity in urban scenarios. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=2204&license_type=Single%20User

11) OTT Platforms:

The digitalization for broadcast and entertainment sector is expanding and the proliferation of digital channels via internet is most evident. As a result, there is a huge consumer demand for OTT content. Although, the OTT service market is relatively at nascent stages, the market is projected to reach at USD 33bn in the next five years. Dominance of smartphone technology and increased adoption of large screen smartphone is a driving factor across developed nations. Moreover, emergence of hardware compatible devices that support OTT content is resulting in a wide popularity. In addition, developments in the telecommunications sector for video calling and messaging service induces the market position for OTT platforms. Buy complete research report on surgical robot: https://www.upmarketresearch.com/reports/over-the-top-ott-services-market

12) Confectionery Processing Equipment:

Food and beverages remains a hot domain for companies to invest in 2020 as confectionery processing equipment segment is expected to show optimal growth valued at USD 5bn in the next three years. There has been a huge popularity of chewing gums, jellies and bakery products in the retail industry. In addition, strong presence of retail companies stimulates the market growth for confectionery processing equipment. Stringent guidelines from USFDA and FAO are shaping up the industrial structure for processing equipment and continue to dominate the business policies. The North American market is a fast-paced market attributing to strong presence of major vendors and players. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=77570&license_type=Single%20User

13) Plastic to Fuel Technology:

The global market size of plastic to fuel technology was USD 82mn in 2018 and it is expected to reach at USD 2.50bn in the next five years according to a research report. Major trends such as government policies to influence plastic to oil conversion and developing distribution channels is gaining tremendous traction. Growing awareness for plastic consumption and improved disposal methods are major highlights. Moreover, it is also estimated that the plastic to fuel technology market offers lucrative employment opportunities. For instance, in the U.S. plastic based fuel is gaining a high momentum due to low content of sulfur. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=82610&license_type=Single%20User

14) Recycled Plastics:

The market size for recycled plastics is expected to bypass USD 67bn in the next five years attributing to the Y-o-Y (year on year) growth across the global market. Polyethylene Terepthalate is a widely used recycled material. Commercially, PET offers lucrative growth opportunities and exhibits high reusable capacity. High density polyethylene holds a maximum share in the global market and expected to grow at a stipulated CAGR. For instance, high density polyethylene is usually employed for margarine tubes, grocery bags, and cleansing bottles. Recycled plastics seem to have a high influence in the consumer appliance industry, therein the market for recycled products witness a strong demand. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=82613&license_type=Single%20User

15) Construction Additives:

The worldwide construction and real estate business is undergoing rapid innovations, norms and standardized regulations. Demand for quality home is witnessed all across the economies thereby enabling the market to come up with modernized approach in the construction phase. The construction additives is a growing market particularly in the developing economies as the global market is expected to reach at USD 23bn in the near future. Economic reforms and revival post economic crisis in 2008 is much likely to create a balanced market ensuring a high-end growth. In addition, the widening landscape of urbanization within the Asia Pacific market stimulates the ongoing developments. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=8024&license_type=Single%20User

16) Automotive Suspension:

The global market share for automotive and vehicle equipment is expected to cross USD 300bn in the next 5-10 years as the year 2020 is the most automotive year. Alarming need for enhanced safety in vehicles and smooth ride are some of the basic factors that demand a vehicle complying to international safety standards. Suspension is a pivotal component in an automotive that is subsequent in enabling a smooth and shock free ride. It also prevents any wear and tear of cargo and protects the passengers from drifting. Use of pneumatic and hydraulic suspension types are some of the modern methods used in designing suspension for a vehicle, says a market report. Increase in rate of inter-state IMEX business with road transport being the crucial mode of transportation propels the demand for heavy commercial vehicles. There have been drastic rise recorded in the past few years which is anticipated to keep rising annually at a higher rate. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=129774&license_type=Single%20User

17) Liquid Waste Management:

Liquid waste management is a prime concern in the developing economies since marine pollution is relatively high. Therefore, strong initiatives led by NGOs and helping communities have resulted in developing a sustainable system for managing liquid waste and hence the commercial market is gaining a lot of traction. It is also anticipated that the market might gain 4.0% CAGR in the next couple of years thanks to awareness and change in trends for disposal of liquid waste. Industrial liquid waste is associated with potential toxicity posing a serious threat to marine life, on a large scale. Accumulation of hazardous effluents is expected to drive the demand for liquid waste management initiatives in the near future. Apart, stringent norms and government regulations for commercial industries is expected to drive the market development in the forthcoming years. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=129787&license_type=Single%20User

18) Humic Acid Water Soluble Fertilizers:

Semi-agriculture is relatively a growing domain wherein innovation in farming are been tried and tested. According to a research study, the global market share for humic acid water soluble fertilizers is poised to bypass USD 130bn in the near future. Notable growth factors such as enormous demands for organic fertilizers over synthetic ones driven by high preference is most evident. Advantages offered are humic acid fertilizers boosts disease resistance in plants, acts as a color enhancement and moreover ensures high nutrition in plant growth. Europe is a fast-paced growing market and reveals ideal growth trends in the international market.

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19) Automotive Disc Brake:

As mentioned above, 2020 being the most automotive year as there will be a lot of happenings in automotive industry ranging from launch of automatic vehicles to discussion panel for flying cars. Although, the holistic market seems to be optimal in terms of revenue, the braking units category is the most remarkable. In addition, braking systems in automatic vehicles are quite sophisticated and offer more accuracy. The trend of hydraulic braking systems is gaining much attention in the past years and is expected to reveal lasting effects on the global market. Adherence of international safety standards and certifications have a crucial role in the development of automotive disc brake market. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=108703&license_type=Single%20User

20) Aerospace Coatings:

According to a research study, the aerospace industry creates more jobs than any other sector. In this regards, aerospace coatings domain is a fast and emerging sector wherein it is valued at USD 2.3bn by end of 2022. Demand for technical competence, knowledge of signs and symbols in the aerospace industry and high adoption of nanotechnology in the MRO for aerospace. In addition, growing significance of nano-structure metals with low carbon footprint is expected to have a huge impact on the global market. Apart, revision of policies in the aviation industry in Asia Pacific market is expected to impart growth opportunities in the coming years. Buy complete research report on surgical robot: https://dataintelo.com/checkout/?reportId=11504&license_type=Single%20User

Market research trends in 2020 will be more data-driven and companies are willing to spend more. The deciding factor is what data they are looking and the level of input to start with, and this is possible having an insight partner around the corner. So, do let us know what you think and by leaving a comment.

#20 Market #Market #Markets #Market Growth #Market Trend #Market Share

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businessliveme · 6 years ago

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In the vanguard of digital transformation

With growing client base and advanced capabilities, Bahwan CyberTek Group has expanded its operations to newer geographies in the Americas and Far East. Excerpts from an interview with S Durgaprasad, Co-Founder, Director and Group CEO

How was the last year for Bahwan CyberTek from a business perspective?

FY 2018-19 has been one of the most important periods in the company’s history. Marking the 20th year of operations, the year saw a number of strategic initiatives executed to scale BCT’s value, and strengthen its footprint and spread in the market.

Sensing the predominant trend impacting global business, with the vision to create clear value leadership in key verticals leveraging digital technologies, BCT consolidated its deep domain expertise with IP, and created subsidiaries – dt360 and BCT Digital.

This is the result of a well-thought out strategy of creating a global digital technology organisation based out of Santa Clara, heart of the Silicon Valley, to deliver transformational value to its clients, whilst maintaining the capability to scale fast with state-of-the-art and emerging technologies such as digital experience, predictive analytics, IOT, AI & ML and mobility platforms. This year saw BCT Group launching new products, making acquisitions and strategic investments, acquiring marquee clients, strengthening partnerships and winning coveted awards.

As testimony to its journey over the years, Stanford Graduate School of Business has written two case studies on the evolution of the Bahwan CyberTek Group. The case studies written in 2017 and 2018 are unique in that Bahwan CyberTek is the only company from the region to be featured by Stanford University. Going further BCT’s case study has been included in the curriculum for Management Studies in Stanford in Palo Alto USA and also listed in HBS. With growing client-base and with advanced capabilities, BCT identified newer growth engines expanding its operations to newer geographies in the Americas and Far East.

Have there been any significant products or services that you have launched in the recent past?

We have launched several game-changing solutions in the recent past, that are aimed at solving complex problems for process-intense, data-heavy verticals, in turn aiding in the digital transformation of processes and technology of organisations. Some of the products we launched in the recent past are:

Dropthought, a real-time digital experience platform integrated with machine learning for deep text analytics, which would help record and analyse what stakeholders are saying about the company, market, products and services to name a few.

FuelTrans, an integrated logistics and transportation solution for oil marketing companies, which offers a 360° view of the entire oil distribution logistics operations.

Fuel Station Automation, an end-to-end solution for retail automation of the downstream oil and gas industry offering real-time visibility and control of the entire retail operations, with the solution covering every major component of the fuel station from the pump, to the dispenser and tank, and also covers vehicle identification, wet stock management and fleet contracts.

CueTrans, an integrated digital supply chain management suite of products with HSE driven journey management and track and trace capabilities that enable end-to-end planning, optimisation and tracking of logistics operations and supply chain.

Freight Exchange (FX), an easy-to-access digital freight market place, built on a pioneering concept, to bridge the gap between shippers and truckers.

rt360, a risk management product suite to manage the entire risk portfolio of banks and financial institutions that includes credit risk, capital allocation, pricing risk, liquidity risk, model risk and operational risk.

Cuecent RETINA, an OEM agnostic real-time asset monitoring and predictive analytics platform built to monitor and efficiently manage energy and utilities business operations.

Bahwan CyberTek has had strong partnerships to enhance customer offerings. Can you give us a brief on some of them?

Bahwan CyberTek has made several partnerships over the span of its 20 year journey, all with specific strategic purpose and intent. In recent years, BCT has partnered with industry leaders like TIBCO, Boxlight, Zycus, Allsec and SigFox, and made strategic investments in technology start-ups, each contributing and complementing specific avenues of BCT’s offerings.

BCT-TIBCO: Our strategic partnership with TIBCO software, the global leader in integration and analytics software, has grown from strength to strength and has now moved for an expansion of the partnership into Asia.

Strategic investments: Being a staunch believer in connected innovation, and realising the need to scale fast as a company, we invested in adjacent technology companies, who hold authority and thought leadership in AI and ML, offering asset visibility and prescriptive analytics, such as, Tekion and Cloudleaf.

Tekion: Our investments in the technology partner company Tekion has resulted in the development of a state-of-art solution for the automobile industry vertical which is set to become a disruptive technology player in this segment.

Cloudleaf: Cloudleaf is an end-to-end technology solution using sensors, cloud and machine learning for continuous visibility into all assets and workflows.

BCT-Zycus: We tied up with the global leaders in procurement, Zycus, to offer state-of-the-art supply chain and procurement solutions.

BCT-Boxlight: With a firm commitment to bring quality education to the ME region, we entered into an exclusive partnership with Boxlight Corporation, a leading provider of technology products, to bring its award-winning classroom solutions to the Middle East, with exclusive rights for Oman.

BCT-Allsec: We signed a partnership with Allsec Technologies Limited, to leverage Allsec’s “low-touch” HRO solutions, and expand its product portfolio in the West Asian and African Markets.

BCT-SigFox: We also signed a partnership with SigFox, the world’s leading Internet of things connectivity services-company. Through this partnership, BCT will launch IoT-based asset tracking solutions in Oman, and aims to integrate SigFox approved devices coupled with SigFox connectivity, on to BCT’s Telematics Solution Platform to track and trace assets in real-time.

How are the recent trends like Cloud, AI and mobility services changing the digital and IT landscape?

Digital transformation is the mainstay of the digital and IT landscape as of now. And technologies such as cloud, AI and mobility are at the heart of this transformative journey for almost every organisation out there.

Digital transformation, in its purest sense, would be about enabling an organisation, through the integration of such technologies, to garner speed and stability in every aspect of operations. Technologies such as AI and ML aid in the automation and accuracy of an organisation’s core and sometimes extraneous operations. Understanding patterns from data and business processes enable an optimized way of enhancing operations as well as reducing TAT. With more bots trying to replace manual activities, digital technologies are at the forefront of this transformation.

What are your plans in the coming months?

We are market leaders in credit risk management and following the launch of Early Warning Systems, we have brought in four more products that are critical from a global regulators perspective. The regulatory landscape on risk management all over the globe is changing dynamically – and BCT Digital has specific focus to be market leaders in overall risk management with their flagship product suite rt360.

Investments in newer digital technologies that will create significant impact to our customers across various verticals.

Strengthen our digital transformation IP portfolio spanning digital supply chain, digital experience and predictive analytics in order to offer unique value to our customers in a variety of areas.

Expand our domain knowledge and understanding to put us in a position to deliver well-tailored digital transformation for our customers in various industry verticals.

In line with our approach ‘connected innovation’, we will continue to expand our partner network in order to offer valuable thought leadership to our customers.

Expand to newer geographies through a partner-led strategy to scale our business.

The post In the vanguard of digital transformation appeared first on Businessliveme.com.

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#IFTTT #WordPress

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ijtsrd · 7 years ago

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IoT based Automated petrol system

by Nitesh Ghone | Sanjay Chilwarkar | Rahul Padwal | Prof. Vinita Bhandiwad" IoT based Automated petrol system"

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-3 , April 2018,

URL: http://www.ijtsrd.com/papers/ijtsrd11560.pdf

Direct URL: http://www.ijtsrd.com/engineering/information-technology/11560/iot-based-automated-petrol-system/nitesh-ghone

call for paper technology, technology journal, indexed journal

Current days fuel stations are operated manually. These fuel pumps are time- consuming and require more man-power. To place fuel stations in distant area it very costly to provide excellent facility to the consumers All these problem are sorted out by the use of unmanned petrol pump which requires less time to operate and it is elective and can be installed anywhere the customer self-going to avail the services the payment is done by online or by cashless method. The simple and proper use of web technology provides a total security and atomization in the distribution of fuel. It has easy operated web technology and graphics user interface (GUI). It interfaces with high-speed fuel dispenser which is convenient for the consumer to operate. In our system every user have its own account on website. Which have username and password for login purpose. User enter the amount details on website and user get unique random code which is use for recognized amount. User enter the mobile number and that random code on petrol machine and machine gives exact amount of petrol.

#self services #web technology #random code #cashless transaction

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jmmglobal · 7 years ago

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Monthly UST Walkthrough Inspections are your Friend

We’ve all heard about new federal regulations taking effect this October. There are always a lot of questions that come along with new regulations. In a nut-shell, gas station owners and operators will need to perform monthly inspections of their facilities every 30 days. There are well over 500,000 active underground storage tanks at over 200,000 locations that will be affected by the new regulations. Do not let the sheer magnitude of tanks scare you! In fact, after reading this blog, you may walk away feeling confident and comfortable with the change. You may even realize that a few dollars spent up front, can save a great deal of headache and cost in the long run.

A Little History

Over 500,000 releases have been reported and confirmed since the beginning of the Underground Storage Tank (UST) program. The releases are caused by leaks, spills, and overfills from UST systems. 87% of those releases have been cleaned up, leaving approximately 70,000 locations still in the process of cleaning up. The average cost of a cleanup affecting only the surrounding soil is $130,000.00. If groundwater is affected the cost of cleanup my reach into the millions of dollars.

Since October 2016, almost 100,000 on-site federally regulated inspections have been conducted (most by states, territories and third parties). The soul purpose is not to generate fines to the business owner, but to preemptively stop, or reduce the contamination caused by these confirmed releases.

Drip, Trickle, Flow

Have you ever heard the term “drip, trickle, flow”? In many cases, this best defines the life cycle of an onsite release. What starts as an unnoticed drip can quickly become a trickle and jump to a flow one night while you are asleep. This statement is not meant to alarm; but to enlighten! If you can find a problem at the drip stage (which is what the inspections intent is), you can prevent the trickle and flow phase! An example might be a leaking fuel filter under a dispenser, in a containment sump with double wall piping and a sump sensor. Let’s pretend that there is a crack in the dispenser sump and the fuel runs out, just as quickly as it leaks in. In this scenario the fuel never touches the sensor or rolls back through the double wall piping to reach the STP sump sensor. Gone unchecked, the leak could continue for weeks, months, or longer, causing a release that reaches groundwater!

Enter the scary and new federally mandated monthly inspection. By performing a routine monthly inspection, you can find the above-mentioned scenario at a drip and prevent a catastrophe. Although the monthly inspection may increase your monthly expenses, it can save millions in the long-run…not to mention contamination and devastation to our environment. The inspections will be short and painless and in almost all cases, will NOT interrupt business at all. There are even mobile applications available to assist with the inspection process. These applications house state required inspection templates. The data collected is stored in the cloud and is easily accessible when needed. By performing the walkthrough inspections every 30 days, you can be sure to reduce your chances of experiencing the life changing situation of an impactful release. So, remember… an ounce of prevention is worth a pound of cure!

The Regulation

We couldn’t leave you without providing at least an overview of the walkthrough inspection regulation. No later than October 13, 2018, the first walkthrough inspection must be conducted. No need to wait, you can begin before the deadline. Think of it as the dress rehearsal. If your UST system receives deliveries at intervals greater than 30 days, spill prevention equipment may be checked prior to each delivery. When the walkthrough is conducted, be sure to check the spill prevention and release detection equipment, containment sumps, and hand held release detection equipment.

JMM Global, a BSM Technologies company, provides environmental compliance expertise and a comprehensive business intelligence platform to manage storage tank systems. We offer alarm management, release detection, event tracking, fuel inventory management, and mobile inspection surveys through our IoT based solutions. For additional information about the new regulations, please visit our website.

#underground storage tank regulation

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svsembedded · 5 years ago

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GSM Motor Pump controller (Mobile Motor Starter) | Automatic Mobile Starter | Mobile pump starter

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