The supply chain sector is worth billions of dollars. With new technologies – blockchain and distributed ledger making their way in the tech field, the supply chain industry promises to be worth a lot more.

The blockchain technology is revising the way every sector works and is paving the path for new ideas to revolutionize every business.

“Blockchain has the potential to leapfrog technology advancements in emerging markets, in both the public and private sectors. CIOs of end users can use this research to evaluate, plan for and adopt blockchain wherever it has the potential to support business, economic and social objectives.” - Gartner

Blockchain and the internet of things (IoT) are two domains in the technology world that have stood out in 2019. While blockchain is unfolding a million of new opportunities by being associated with other technology or business sector, IoT is making news as well. With billions of smart devices making its way to the world, the spread of IoT is beyond imagination and so is the need of security for these devices.

Over the last decade, machine learning has become one of the primary elements for businesses and our lives. We have an immense flow of data which multiplies indefinitely every second, giving us tons of information to work with. This gives us a good reason to believe that smart data analysis will become the next big tool in giving a hand to technological progress.

In order to leverage the power of the blockchain technology, it is important to know its two major network types to understand what they can bring to your organisation. Public and private blockchain have their own set of benefits which is why it is necessary to analyze them to choose the best one for your business.

Machine Learning (ML) has given a whole new meaning to data. It has, in all true sense, completely transformed the way we look at data and information. Even a minute detail can be very important for a business, and this is what this technology has made us realize. It has also become the foundation of various other new technologies and is supporting them to grow – Artificial Intelligence and Chatbots are the perfect examples.

The Blockchain technology is largely associated with the financial sector but its distributed ledger functionalities can be extended to other industries as well. Its successful approach to security has made it a valuable asset to companies that are looking for technologies that help them maintain data securely.

Cloud Computing has changed the way business is being done in the last decade. Every company has either moved or preparing itself to move to cloud. Even some of the biggest giants like SAP is focused on offering services on Cloud, Hana cloud Platform (HCP) is going to see a lot of change in 2018.

The use of Chatbots is continuously growing. Many organizations are trying to explore how chatbots can be leveraged to enhance customer experience.The escalation of chatbots began in early 2016, and since then tech giants have either created a platform to develop bots or made one for themselves. Gartner report suggests that by 2020, 85% of customer interactions will be handled by chatbots without any human intervention.