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Showing posts from February, 2016

Global E-Commerce Market and its Potential

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The e-commerce industry is one of the lucrative sectors worldwide. With the emergence of e-commerce, store-based retailers are finding minimal need for the retail space they currently occupy. In accordance to this trend is the groing private label penetration as retailers seek diverse initiatives to remain competitive, retain customers and protect profit margins. Online sales of apparel and accessories are now growing at a rapid pace as compared to any other ecommerce product segment.  The biggest driving factor for the tremendous growth in the e-commerce industry is the adoption of smartphones, tablets and other internet devices. Consumers preferably use mobile browsers when shopping, or searching for entertainment, while they prefer applications for navigation and collecting information. The continued advancements in technology are transforming the navigation and customer experience on e-retail sites, which is improving reviews and thus drawing more traffic to the sites. Inn

Global - Automatic/Self Driving Car Market Opportunity

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An autonomous car, also referred as a driverless car, self-driving car, or robotic car is an autonomous vehicle having the transportation capabilities of a traditional car. A self driving can drive itself from Point A to Point B with no manual input from the driver. An autonomous vehicle uses a combination of cameras, radar systems, sensors, and global positioning system (GPS) receivers to determine its surroundings and uses artificial intelligence to determine the quickest and safest path to its destination. To sense their surroundings autonomous vehicles uses techniques such as radar, LiDAR, GPS, and computer vision. Mechatronic units and actuators allow the “brain” of the car to accelerate, brake, and steer as necessary. Advanced control systems interpret sensory information to identify appropriate navigation paths, as well as obstacles and relevant signage. The development of self-driving cars and their precursors has been embraced by some of the giants in the global automo