industrial business MART|November 2016

While cloud is an answer to the increasing high data storage needs today, it also entails a question of data security and fast processing of data through internet. Moreover, given the rise in file sizes with enhanced content, pixels, colour and data quality, data transfer and retrieving cost for users has also gone up. Here comes the local storage options in smart devices which can provide seamless usage of stored data and security assurance. Also, with the growth in IoT and connected devices in all spheres, local storage will be preferred to remote storage for fast data analysis and decision-making.

Card or cloud? That is the question that consumers and businesses will be asking themselves more and more frequently when they think about storing and sharing video, photos and other files – whether to upload the files to the cloud or save them on a local storage device like a microSD™ memory card, SD™ card, high-capacity USB drive or even a solid-state drive.

The impulsive reaction might be cloud. Isn’t everything going to the cloud? Plus, companies like Google and Box offer gigabytes of storage for free. The idea of “free” storage sounds like a win-win for consumers, especially in light of today’s advancing video and photo technologies that deliver incredible clarity, depth and color – all of which result in significantly larger file sizes.

But it turns out that there’s no such thing as a free gigabyte.

A Brief History

Cloud storage itself might be free, but the network fees for transferring videos or photos to the cloud can quickly add up to substantial amounts each month, especially because many smart devices now are able to take high-resolution photos and videos – large files that eat up data quickly during transfers from connected devices to the cloud.

Most of these transfers now take place over 4G networks, which makes the data usage even more invisible because of the rapid speeds at which files are uploaded or downloaded. Nearly one in five wireless customers paid data overage charges in the last half of 2015, according to a January 2016 study from Cowen & Company. That number is even greater among tablet users: 24 percent of owners with 4G paid an overage charge in the same time period, according to the study.

There are a number of factors that contribute to this surge in data use and consumer need for reliable expandable storage instead of or alongside the cloud.

Everyone’s a Photographer 

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Environment depletion has been a serious concern for the world since past many years. In response to that, many organisations have taken several initiatives with the intension to deter the further damage to the environment. In our CSR column, we present to you the initiatives taken by Bill Forge and Tesco in the field.

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The clarion of ‘Make in India’ laid the foundation for growth in Manufacturing. The sector has witnessed increased inflow of FDI since then; the sector is expecting more conducive tax structure and ‘Ease of Doing Business’ with the roll out of GST soon. Meanwhile, as a catalyst, the Union Budget 2017 has features in store for the manufacturing sector to provide it right impetus for continuous growth.

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Government Initiatives for Better India

THOUGHTFUL, is one word which can be used to describe budget 2017. Aftermath of demonetization and subsequent cash crunch in the system lead to slow down in the economy, manufacturing sector also slowed down, quarterly result of companies were affected (with few exceptions). Finance Minister has tried to curb demonetization effect in this budget.

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Electric Revolution: JBM Solaris Ecolife 9m

Electric Buses have overcome the ‘under development’ phase and have hit the market for practical use. Joining the diverse fleet of buses on road is the Ecolife 9 Electric bus by JBM, with promising features and a futuristic approach. Proclaimed to be emission-free and handy to the user, the bus guarantees a low operation cost.

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Managing Inventory for Better Operational Efficiency

Inventory in manufacturing or production unit has both advantages and disadvantages for different departments. While Inventory has been shown as a burden on OPEX due to maintenance cost by some, some attribute virtues to Inventory as it offers better customer service by variety of choices, availability and low handling cost etc. While the excess or shortage of Inventory has definitely negative impact on business, a proper management of it can help in operational efficiency and better customer service

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Age of Artificial Intelligence

It’s hard to know what to think about Artificial Intelligence these days. Almost everyone in the industry believes it to be a revolution as deep and as fundamental as the industrial revolution or the birth of the computer. Yet the field seems divided over when we will get to general intelligence and what that will ultimately mean for us. Some believe it will be our greatest invention yet and others that it may lead to our doom.

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