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Showing posts from 2019

Packaging industry in boom in India

  The packaging industry is the fifth largest sector in India's economy and from reports of the Packaging Industry Association of India, its market is valued at $50.5 billion in 2019, expected to become $204.81 billion by 2025, and would register a CAGR of 26.7% from 2020 to 2025. It is a high-growth industry developing at 22-25% per annum and a big hub for future growth. Research analytics recently suggest that packaging consumption in India has increased to 200% in the past decade, which is higher from 4.3 kgs to 8.6 Kgs per person per annum.  Increases in the production of necessary supplies such as medicines, disinfectants, food, and dairy products, require proper delivery. At this significant mile, the pandemic has contributed to the growth of the sector. The E-commerce industry a leading global player is bringing huge investments to this sector. vividhpack.com  

Analytics Industry changing goals Part II

             Industry goals for analytics industry have been changing for enhancing access, developing reporting software, leading the analysis for data driven MIS, and data synthesis with lower time and higher standardization. De-selecting these many additional goals the analytics vision for future became grossed with software in healthcare and other industries like SAP, SAS, SaaS etc. The lesser known goals for synthesis of larger amount of data which is a big problem with real time reporting and applications to standards of quality and organizational development.             With the growing business goals, the sales and marketing channel need better real time analysis for data in ways which can be applicable to customer-centric markets. Within this additional characteristic, the concept of disruptive innovation has been an asset in market gains, and where these reporting standards helped both the aims of mee...

Analytics industry changing goals Part I

Analytics industry has grown in scope and trends since past many years. Big players in healthcare, banking, and other industries are forging onwards to create and gain market space in little time as needed. Goals of marketing CMO's hitherto leveraged markets with new customers in social media and overusing consumers to their brackets - meaning taking new markets which were not earlier and also additional customers. Toolbox changes from social, media accounts, to database and with methods such as "disruptive innovation" as found in Accenture's study in 2016 where 33% of CMOs supported it. Number of CMO supporting that  technology and data analytics would significantly change the role of marketing grew from 62% in 2009 to 91% in 2016.  Data revolution is a serious beginning, along the lines of long term growth in sustainable profitable strategy of new model and new growth. However as we observe the technological supposition to derive the resources for new ways of ...