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Mr. Faisal Farooqui receives Dr. Kalam Startup Youth 1

News

Mr. Faisal Farooqui Receives ‘Dr. Kalam Startup Youth Award’ for his Exceptional Contributions to the Startup Industry

New Delhi, August 14, 2024: Faisal Farooqui, founder and CEO of MouthShut.com, has been honored with the prestigious Dr. Kalam Startup Youth Award in recognition of his outstanding achievements and leadership in the startup sector. The award was presented by the BJP and its Minority Morcha in a special ceremony held on International Youth Day.

This award celebrates individuals who have demonstrated exceptional entrepreneurial spirit, innovation, and impact. This award received a phenomenal response and out of around 15000 applications, out of which 900 were shortlisted and further down, only 6 were finalized and facilitated at the event.

As the founder of MouthShut.com, Faisal Farooqui has been a trailblazer in the digital space, transforming the online review and consumer feedback landscape. Under his leadership, MouthShut.com has grown into a leading platform, empowering consumers, and fostering transparency in the marketplace.

“I am incredibly honored to receive the Dr. Kalam Startup Youth Award,” said Faisal Farooqui. “This recognition is not just a personal achievement but a testament to the collective effort of my team at MouthShut.com. We remain committed to driving innovation and creating value for our users. I hope this award inspires more young entrepreneurs to pursue their dreams and contribute to the growth of the startup ecosystem in India.”

The award ceremony, which took place on the 12th of August ’24 at the BJP headquarters, Delhi, was a first by a political party. It was presented to the winners by Shri Kiran Rijiju, Minister for Parliamentary Affairs and Minority Affairs. Leaders from BJP Minority Morcha played a pivotal role in organizing the ceremony which was attended by Shri Jamal Siddiqui, National President Minority Morcha, Shri Iqbal Singh.

The event was held in conjunction with International Youth Day, underscoring the significance of youth empowerment and entrepreneurial spirit, and was a fitting tribute to Dr. Kalam’s legacy.

About Faisal Farooqui:

Faisal Farooqui holds a degree in Information Systems and Finance from the State University of New York, underpinning his deep understanding of technology and business, at an extensive level. Faisal Farooqui is the visionary founder and CEO of MouthShut.com, launched in 2000. As a pioneering platform, he introduced social media in its original form in India. Mouthshut.com is India’s largest platform for consumer reviews and opinions on various brands and businesses. Under his leadership, MouthShut.com has established itself as India’s largest user-generated content and reviews platform. It has influenced millions of consumers and companies, bridging the gap between them through authentic reviews and ratings.

News

Dastur Energy recognized with the Decarbonization Excellence Partner Award

Jul 1, 2024 by Mansi Praharaj 0 Comments #5th edition of the Global Refining & Petrochemicals Congress (GRPC 2024)., #Atanu Mukherjee, #carbon capture, #carbon management., #CEO Dastur Energy, #clean energy technology company, #clean energy transition, #Dastur Energy, #Decarbonization Excellence Partner" award, #Downstream India Excellence Awards 2024., #Global Refining & Petrochemicals Congress (GRPC 2024), #Governing Council of The Global Refining & Petrochemicals Congress (GRPC 2024), #Hotel Le Meridien., #hydrogen, #India, #Indian downstream Oil & Gas industry, #industrial decarbonization, #industry leaders, #innovation, #M. N. Dastur & Co. (P) Ltd., #management, #New Delhi, #NITI Aayog, #North America, #Organizations, #Research, #technoeconomic, #Technology, #the Middle East, #the United States Department of Energy, #thought leadership, #United States Trade, #United States Trade and Development Agency., #utilization & sequestration

01st July 2024: Dastur Energy, a leading clean energy technology company, has been named winner of the “Decarbonization Excellence Partner” award by the Governing Council of The Global Refining & Petrochemicals Congress (GRPC 2024) & Organizers of the Downstream India Excellence Awards 2024.

The Award recognizes Dastur Energy’s significant contributions towards enabling industrial-scale clean energy transformation by offering deep expertise across the industrial decarbonization value chain including – renewable energy, clean fuels like hydrogen, production process changes, and carbon capture, utilization & sequestration. Dastur Energy’s team of industrial decarbonization, technoeconomic, regulatory, and project risk experts deliver – a cost-effective strategic approach that is designed to deliver significant business impact while enabling clean energy transition and carbon management.

The Award, held in association with the Global Refining & Petrochemicals Congress (GRPC 2024), recognizes industry leaders and organizations that have demonstrated excellence in thought leadership, management, research, technology, innovation, and overall operations in the Indian downstream Oil & Gas industry.

Atanu Mukherjee, CEO Dastur Energy, expressed his gratitude for the award, stating, “We are honoured to receive this prestigious award which recognizes our commitment to developing innovative solutions that enable the transition to a sustainable future.”

The award was announced and conferred during the ceremony and networking reception held on June 27, 2024, at Hotel Le Meridien, New Delhi, as part of the 5th edition of the Global Refining & Petrochemicals Congress (GRPC 2024).

Dastur Energy, a subsidiary of M. N. Dastur & Co. (P) Ltd., has been successfully delivering industrial-scale clean energy transition and carbon management solutions for companies in the ‘hard to abate’ sectors in North America, the Middle East, and India. In addition, the company has been closely associated as a partner and thought leader enabling pioneering projects funded by governmental entities like – NITI-Aayog, the United States Department of Energy, United States Trade and Development Agency.

Business

Decentro Launches fully RBI-Compliant Next-Gen Payment Aggregator stack for India

May 23, 2024 by Sujata Muguda 0 Comments #Bangalore, #BFSI, #Decentro, #India’s leading fintech infrastructure platform, #innovation, #Muthoot Capital, #Pratik Daudkhane, #RBI, #RBI-Compliant Next-Gen Payment, #Rohit Taneja

Bangalore, 23May 2024: Decentro, India’s leading fintech infrastructure platform, proudly announces the launch of its next-generation Payment Stack (Flow 2.0). The stack is designed to seamlessly address businesses’ expansive payment needs, delivering high performance, unwavering compliance, and utmost security. It marks a significant move to continue transforming digital payment solutions with enhanced efficiency and reliability while simplifying businesses’ integration and operation of their day-to-day payment collections.

According to industry reports, the Indian payment market is estimated at USD 357.51 billion in 2024. It is expected to reach USD 814.42 billion by 2029, growing at a CAGR of 17.90% during the forecast period (2024- 2029). However, today, merchants and financial institutions find it a growing challenge to simplify the integration process and comply with regulations .

“This milestone couldn’t come at a more opportune moment as we complete our 4 years of operations as one of India’s leading fintech infrastructure providers. Since inception, our goal has been to streamline the most intricate financial processes for businesses across the spectrum, and the introduction of the Flow 2.0 stack underscores this commitment. Witnessing a remarkable 300% growth in our customers’ transactions in just the past 12 months stands as a testament to our product quality and differentiation in solutions.” – Rohit Taneja, Co-founder and CEO of Decentro.

“We are focused on providing businesses with a robust, secure, and fully compliant solution that addresses their diverse payment requirements and significantly elevates operational efficiency. To put things in perspective, we see a ~30% reduction in operational costs and a 3X reduction in time to market amongst our merchants by switching to our digital payments stack, recurring payments via e-NACH & UPI Autopay, as well as our automated reconciliation system” – Pratik Daudkhane, Cofounder.

Flow 2.0 will help enterprises sharpen their focus on critical features, including exceptional performance through fast and reliable transaction processing and complete RBI compliance to ensure operations within frameworks. This stack also provides enhanced security with top-tier measures to protect sensitive data and unmatched stability built on a solid infrastructure that minimizes downtime for continuous, uninterrupted business operations.

Flow currently empowers payments for customers like Shiprocket, Kodo, Volopay, etc., with unique advantages such as industry-best success rates and lowest downtimes, ensuring minimal disruptions and maximised business efficiency. It supports faster go-to-market strategies with rapid deployment capabilities, enabling 10X improvement overall in Capex and Opex combined.

With this development, Decentro aims to empower categories such as BFSI, Logistics, Online Marketplaces, and fintech/SaaS platforms. In under four years, the Decentro group has rapidly built a full-stack fintech infrastructure platform that provides solutions to more than 800 companies, including Freo (MoneyTap), CashE, Muthoot Capital, Credit Fair, Shiprocket, Protium Finance, and many more. With critical pillars of customer experience, innovation, and compliance, Decentro currently has 40+ deep APIs, SDKs & automated workflows catering to the entire value chain of a company’s financial infrastructure needs across payments, identity, and credit.

Business

IMPACT 2024: A Triumph of Women’s Empowerment and Innovation

Mar 21, 2024 by Sujata Muguda 0 Comments #IMPACT 2024, #innovation, #Ms. Soha Parekh, #Mumbai, #WE Tank, #Women's empowerment

Mumbai, 21 th March – The esteemed Ladies’ Wing of IMC Chamber of Commerce and Industry put together a remarkable ensemble of recognition, empowerment, and innovation: IMPACT 2024, within the grandeur of the Walchand Hirachand Hall, nestled within the iconic IMC Building in Churchgate, Mumbai. This event, held on Tuesday, March 19th, 2024, served as a testament to the spirit of women leaders across India.

women empowerment

“At the IMC Ladies Wing, we are constantly striving to innovate and find new ways to empower women entrepreneurs. This year, we challenged ourselves to think outside the box and explore what more we could do at IMPACT” says Ms. Amrita Somaiya, President of the IMC Ladies Wing.

A highlight of IMPACT 2024 was its groundbreaking Women Entrepreneurship Tank (WE Tank) Program, generously supported by Bioriidl. This visionary initiative provided an exalted platform for women to showcase their transformative business ideas to esteemed investors, fostering a realm of possibility and potential. IMPACT 2024 unfolded as a grand celebration of women’s entrepreneurship, drawing together visionaries, luminaries, and enthusiasts alike.

“I must acknowledge that the task of selecting the top 5 finalists was no easy feat. Each application showcased exceptional potential and innovation, making the decision-making process incredibly challenging. However, through careful deliberation and thorough review, we were able to identify the most promising ventures that demonstrated the highest level of merit and promise” – Ms. Soha Parekh, Chairperson of IMPACT.

Distinguished figures in the investment world, including luminaries like Ms. Paula Mariwala, Mr. Sasha Mirchandani, and Mr. Arjun Vaidya, Ms. Kruti Raiyani lent their expertise and insight, evaluating proposals with discerning eyes and nurturing budding ventures with invaluable mentorship and guidance. The presence of keynotes speaker Ms. Ajaita Shah, Founder and CEO of Frontier Markets, infused the event with a spirit of inspiration and aspiration, leaving attendees spellbound by her wisdom and experience.

Five remarkable startups, adorned with innovation and vision, captivated the audience and investors alike, offering glimpses into a future brimming with promise and potential. Anatomech, Cashvisory, Gifto Lexia, Maw & Paw, and Utopian emerged as beacons of creativity, each promising a unique contribution to the tapestry of entrepreneurship.

The crowning moments of IMPACT 2024 arrived with the conferral of awards: Anatomech claimed the coveted Investors’ Award, while Maw & Paw garnered the adoration of the audience, earning the Audience Choice Award. Their triumphs stand as a testament to the transformative power of vision, dedication, and perseverance.

As the evening drew to a close, attendees were treated to a spellbinding musical performance by the enchanting Ms. Kavita Murty Deshpande and her troupe, weaving melodies of harmony and inspiration.

IMPACT 2024 stands as a testament to the unwavering commitment of the IMC Ladies’ Wing to celebrate women who encompass resilience, creativity, and determination, illuminating the path forward for generations of women to come.

Business

Spydra’s No-Code Tokenization Platform Transforms Assets into Business Brilliance

Mar 5, 2024 by Mansi Praharaj 0 Comments #digital coins, #innovation, #Spydra, #spydra crunchbase, #spydra glassdoor, #spydra hyderabad, #spydra linkedin, #spydra technologies, #Tokenization Platform

In a world where innovation is the driving force behind business transformation, Spydra, a trailblazing tech company, has emerged as a frontrunner in the realm of blockchain technology. Gone are the days when blockchain was merely associated with cryptocurrency; Spydra’s groundbreaking No-Code Asset Tokenization Platform is shattering this stereotype, showcasing the diverse and impactful applications of blockchain technology across a multitude of sectors, including insurance, banking, supply chains, and cross-border payments.

The Power of Blockchain Beyond Cryptocurrency

Blockchain, the decentralized digital ledger technology that underpins cryptocurrencies, has long captured the imagination of tech enthusiasts and industry leaders alike. However, its potential extends far beyond digital coins. Spydra’s innovative No-Code Asset Tokenization Platform harnesses the power of blockchain to transform the way enterprises manage and exchange assets, bringing unprecedented efficiency, transparency, and security to various industries.

Tokenization for Enterprises: A New Frontier

Tokenization is the innovative process of converting real-world assets into digital tokens, revolutionizing how businesses manage, trade, and monetize their valuable resources. This democratization of tokenization unlocks an era where companies of all sizes can participate in the blockchain revolution, regardless of their technical expertise. With Spydra, enterprises can unlock the liquidity of their assets, enabling fractional ownership, swift transfers, and enhanced value extraction. Blockchain technology has evolved beyond its initial cryptocurrency roots, finding its way into the heart of enterprise operations. Spydra’s visionary platform exemplifies this transformation, offering a multitude of applications that span far beyond the financial sector.

Spydra’s No-Code Innovation

What sets Spydra’s platform apart is its ‘no-code’ approach. Enterprises no longer need extensive coding knowledge to leverage the benefits of blockchain. The intuitive interface empowers businesses to create, deploy, and manage their tokenized assets with ease, reducing barriers to adoption and unlocking blockchain’s potential for a wider audience. It opens the endless possibilities of stepping into the future of blockchain effortlessly with Spydra’s groundbreaking platform. Your enterprise can now tokenize assets without the complexities of coding, tapping into the full potential of blockchain technology.

Elevate your tech ecosystem with Spydra’s seamless integration options. Whether it’s REST APIs, Zapier, or other methods, Spydra ensures your systems work together harmoniously, driving efficiency and productivity. Also, experience the unrivaled power of Hyperledger Fabric through Spydra. This premier enterprise blockchain framework guarantees unparalleled scalability, privacy, and flexibility, empowering your transactions to be secure and swift.

Diverse Applications Across Industries

Insurance:

Imagine a world where insurance claims are processed seamlessly, without the hassle of paperwork and manual verification. Spydra’s platform enables insurers to tokenize policies, facilitating instant verification, streamlined claims processing, and fraud prevention. This not only enhances customer experience but also reduces operational costs and increases trust between insurers and policyholders.

Banking:

In the realm of banking, Spydra’s platform is a game-changer. Traditional assets such as real estate, stocks, and bonds can be tokenized, enabling fractional ownership and democratizing investment opportunities. This paves the way for more inclusive financial ecosystems, where individuals from all walks of life can access and invest in previously untapped markets.

Supply Chains:

Transparent and efficient supply chains are crucial for businesses seeking to gain a competitive edge. Spydra’s platform revolutionizes supply chain management by tokenizing assets at various stages, from raw materials to finished products. This enables real-time tracking, traceability, and accountability, reducing counterfeiting and ensuring quality control.

Cross-Border Payments:

Cross-border payments have long been plagued by high fees and lengthy processing times. With Spydra’s platform, assets can be tokenized and transferred across borders instantly, utilizing the speed and security of blockchain technology. This not only accelerates payment settlements but also eliminates intermediaries, reducing costs for businesses and consumers alike.

Conclusion

As we stand at the cusp of a new era of enterprise innovation, Spydra’s No-Code Asset Tokenization Platform is paving the way for a more interconnected, efficient, and transparent future. By showcasing the multifaceted applications of blockchain technology, Spydra is redefining how we perceive and utilize this revolutionary technology, proving that blockchain is indeed much more than just cryptocurrency. From insurance to banking, supply chains to cross-border payments, the possibilities are endless, and Spydra is at the forefront of this transformative journey.

In a world where the only constant is change, Spydra is not just adapting to the evolving technological landscape – it is shaping it. Through its visionary platform, Spydra is turning the pages of innovation, revolutionizing industries, and championing the true potential of blockchain for enterprises worldwide.

Health

Breathe Easy with Innovation: Nano Aerpod, India’s First Medical-Grade PAPR, Now Available

Feb 1, 2024 by Sujata Muguda 0 Comments #air pollution, #health, #HEPA filter APNFH100-H, #innovation, #Medical-Grade PAPR, #Nano Aerpod, #personal air purifier, #Personal Air Purifying Respirator (PAPR), #Respiratory problems, #Tigerlily Foundation

Bangalore: 1.2.2024 – Introducing a revolutionary advancement in personal air purification, Nano Aerpod, India’s first and only Personal Air Purifying Respirator (PAPR) certified for medical use, is now available to empower individuals to take control of their respiratory health. Packed with cutting-edge technology and rigorous safety standards.

Nano Aerpod stands out from the crowd. Its medical-grade HEPA filter effectively captures 99.97% of harmful airborne particles, including viruses, bacteria, dust, and allergens, offering superior protection compared to standard air purifiers. This enhanced filtration is backed by IEC Test with International safety standards for home medical devices, ensuring users breathe the cleanest air possible.

Tailored Solutions for Respiratory Challenges

Nano AerPod’s cutting-edge filtration technology is engineered to target and eliminate microscopic particles, including airborne irritants known to trigger respiratory problems. For individuals dealing with asthma or chronic respiratory issues, this revolutionary air purifier acts as a safeguard against pollutants, providing a constant supply of clean, fresh air.

ASIN AERPOD 9

Innovation doesn’t stop there. Nano Aerpod boasts several unique features that elevate its user experience:

• Patent-protected technology: This ensures you’re getting a truly innovative product with cutting-edge design and functionality.

• ISO 9001 certification: Underscores the company’s commitment to quality management and consistent excellence.

• STQC NABL testing and certification: Provides independent verification of the product’s safety and efficacy.

Beyond technical prowess, Nano Aerpod prioritizes health benefits:

Improved respiratory health: By filtering out harmful pollutants, it can alleviate symptoms of asthma, allergies, and other respiratory conditions.

Enhanced cognitive function: Cleaner air intake can lead to improved concentration, memory, and overall mental well-being.

Reduced risk of infections: The medical-grade filtration helps protect against airborne viruses and bacteria, boosting your immune system.

Particle Size Precision: Nano AerPod’s ability to capture particles as small as 0.1 microns ensures that even the tiniest pollutants, such as dust mites and allergens, are effectively removed. This level of precision is crucial for individuals with asthma, as it minimizes triggers that could lead to respiratory distress.

Portable Solution: The compact and lightweight design of Nano AerPod makes it a portable solution for individuals who may need respiratory support in different areas of their homes or while traveling.

Improving Quality of Life for Older Adults

For the elderly, especially those dealing with age-related respiratory challenges, Nano AerPod represents a significant leap forward in enhancing the quality of life. The device’s ability to provide a constant supply of clean air can alleviate the burden of respiratory distress, promoting better overall health and well-being.

Benefits for Asthma Sufferers and the Elderly

Particle Size Precision: Nano AerPod’s ability to capture particles as small as 0.1 microns ensures that even the tiniest pollutants, such as dust mites and allergens, are effectively removed. This level of precision is crucial for individuals with asthma, as it minimizes triggers that could lead to respiratory distress.

Testimonials and Success Stories:

Early users of Nano AerPod have reported noticeable improvements in their respiratory health, citing reduced symptoms, increased energy levels, and improved sleep quality. These testimonials underscore the potential life-changing impact Nano AerPod can have for those grappling with asthma and respiratory issues.

A Beacon of Hope:

As Nano AerPod takes center stage in the fight against respiratory challenges, it stands not only as a technological marvel but as a beacon of hope for individuals seeking relief from asthma and respiratory issues. The future of air purification is here, and it breathes with the promise of a healthier tomorrow.

Ready to experience the difference?

Nano Aerpod is now readily available online platforms, including:

• Official website: www.aerpod.in
• JioMart: A leading e-commerce platform (Nano Aerpod personal air purifier)
• Amazon India: The nation’s largest online marketplace (Nano Aerpod personal air purifier with HEPA filter APNFH100-H)

Business

Leveraging Technology and Advancing Innovation: Hindustan Zinc walking the ESG talk

Dec 29, 2021 by Gouri Achary 0 Comments #ESG, #Hindustan Zinc, #innovation, #Technology

We presently dwell in a global community that is equally volatile and unpredictable. Innovative market dynamics are emerging as a result of a slew of mega-trends, including fast globalization and technological breakthroughs. In order to thrive in such a setting, it’s imperative for businesses to constantly innovate. Nevertheless, innovation is no more solely for the sake of generating value for organizations. The overall objective of innovation must go far wider, participating in the establishment of a smarter future that serves all of the company’s stakeholders. The cornerstone of Hindustan Zinc’s expansion over the last half a century has been a thorough knowledge of market impulses and market demands, including the aptitude to integrate them into customer-driven offerings utilizing innovations and technology.

The significance of technology is doubled when it is implemented holistically instead of as an individual operation. At Hindustan Zinc, the team has been at the vanguard of implementing the most advanced technologies to establish and strengthen a strategic position in the mining sector, while also improving efficacy and productivity across its operations. One of the most notable achievements has been the successful commissioning of a 3000 KLD zero liquid discharge RO-ZLD plant at the Zinc Smelter Debari. It will recycle 30 Lac litres of water each day. At its Zawar Mines in Rajasthan, Hindustan Zinc has built India’s first ‘Dry Tailing Plant’. The dry tailing system has major advantages, including recirculation of more than 80% of the process water present in tailings, speedier rehabilitation and restoration of the storage site after mine closure, and ensured water re-availability for future usage. The company has also commissioned a 10 MLD Sewage Treatment Plant (STP) facility in Udaipur, and another 5 MLD STP is nearing completion, bringing the total STP capacity built up by it to 60 MLD. This will treat nearly all of Udaipur’s sewage, and the recycled water will be used by its plants, lowering its freshwater use dramatically.

Hindustan Zinc has made notable technological advancements in the area of energy conservation. To achieve their aim of ‘Net Zero’ GHG emissions, it is vital to focus on energy efficiency as well. To that effort, the Zinc Smelter Debari has revamped the Cell House and eliminated current losses through electrolytic cells by successfully replacing 656 concrete cells with poly concrete cells. As a result, the power rating has improved from 6.7 to 7.2, and the electric energy consumption has been reduced from 3616 to 3307 kWh/MT of Zn cathode. Additionally, the turbine refurbishment project is certified as a carbon reduction project by VERRA (the world’s most widely used voluntary GHG program). In the coming year, their captive thermal power plants’ turbines will be revamped, resulting in a decrease of 270,000 tCO2e per year.

Safety isn’t just a set of rules and regulations for Hindustan Zinc’s employees; it’s a way of life. The business places a high value on its employees’ safety and well-being and works to provide the best facilities to achieve this. In 2021, Hindustan Zinc launched a revolutionary InSAR (Interferometric Synthetic Aperture Radar) surveillance technology based on satellites to offer early warning of surface ground movements. It provides mine-scale surface displacement monitoring with great precision. The company’s Rajpura Dariba Mine (RDM) epitomizes this safe working culture by inventing India’s first staircase-style emergency escape route, which is located 708 metres below the earth. In an emergency, the innovative 25-meter-long escape route will guarantee a seamless and speedy rescue operation from the lowest level of RDM, which is located at 232 Mean Reduced Level (MRL).

Hindustan Zinc is consistently on the quest for innovative technologies to address important societal issues, new proactive initiatives to forecast the unpredictable economy and break down roadblocks to a brighter and smarter future. The business has made tremendous headway in leveraging technology and is eager to adopt emerging innovations in the future, such as artificial intelligence (AI) and blockchain capabilities.

Business World

As We Adapt To The New Normal, Why Is Innovation So Crucial? : Dr Somdutta Singh

Oct 15, 2020 by Gouri Achary 0 Comments #Assiduus Global, #Global innovation, #innovation, #New Normal’

Crisis generates a lot of energy that, if harnessed constructively, can be a great source of innovation. The COVID-19 response is producing inspiring innovative responses proving that, indeed, necessity is the mother of invention. What has emerged already and during previous crises provide lessons for our near-term response, but also highlight the underlying and more critical long-term need to better resource and institutionalize strategic innovation. New patterns of consumer and worker behavior and expectations have emerged during the first weeks of the crisis.

In the heart of the Ebola outbreak, for example, CII and international experts reviewed over 1,500 ideas and quickly supported the development of 14. Twelve of these innovations have been tested in West Africa, and over half are in use today.

How should we think about the role of innovation in the midst of the current global crisis?

Firstly, innovation is so much more than just developing new widgets. Global innovation can be defined across four categories: 1. Offering, 2. delivery, 3. Finance and 4. process. We are seeing urgent COVID-19 innovation needs across all these categories, such as behaviour change to support social distancing and supply chain solutions, to name a few.

Second, innovation platforms that address immediate needs should also keep sustainability in mind. Sourcing innovation, whether through open competitions, prizes, or otherwise, can have an immediate impact but should be shaped with long-term sustainability in mind.

Companies like Assiduus Global began to come together to work openly at an unprecedented level, putting the ability to create value before the opportunity to make a buck. Collaboration can obviously save human lives, but it can also produce huge benefits for companies — even though it’s often overlooked in normal circumstances.

The recent burst of open innovation, however, reminds us of the massive potential that open innovation comes with — whether you’re in a crisis or not. Open innovation has the potential to widen the space for value creation: It allows for many more ways to create value, be it through new partners with complementary skills or by unlocking hidden potential in long-lasting relationships. In a crisis, open innovation can help organizations find new ways to solve pressing problems and at the same time build a positive reputation. Most importantly it can serve as a foundation for future collaborations.

Final thoughts…

Innovation allows businesses and private individuals alike to solve new problems with innovative solutions as well as offering new business opportunities and avenues, both in the midst of a crisis and beyond. Some innovations are simple: offering new online solutions for customers, for example. Others are more complex.

In some industries, people are looking for new ways to bring in income throughout the pandemic. Companies may turn to new, even unique profit-generating methods to help them achieve their goals in spite of current restrictions and demands.

Through innovation, you will not just keep your organization up and running throughout a crisis. You will also provide your business with greater flexibility and adaptability that can help carry you well beyond a challenge.

Business World

Live Happily and Healthily Amidst the Pandemic: Revealing Taiwan Excellence’s Sports Solution for a Fit Summer

Oct 13, 2020 by Gouri Achary 0 Comments #ATUNAS, #innovation, #Summer, #Supercooling shirt Collection, #Taiwan Excellence, #Taiwan Excellence's Sports Solution

With zero new confirmed domestic cases of COVID-19 for almost three months and the loosening of anti-epidemic measures, the government is now encouraging the public to adopt a new and healthier lifestyle for epidemic prevention by doing regular exercise to boost their immune systems. This focus has driven consumer spending on health and domestic sports products during the post-epidemic period. According to the news from Agence France-Presse, the epidemic has not only resulted in an increase in business opportunities for Taiwan’s sports sector but also a surge in demand for cycling and other sporting activities across Europe and North America, setting off an outdoor sports trend.

Adhering to Taiwan Excellence’s core value of ” innovation,” winners of the Taiwan Excellence Awards have gained a deep understanding of the latest trends in international sports and health care. Through exclusive research and development and patented technologies, they are committed to bringing people the most innovative and high-quality products, offering a healthy lifestyle for sports lovers during the summer.

A prime example is the ” Supercooling shirt Collection ” developed by ATUNAS which cools people down when outdoors during the scorching summer. The product adopts an exclusive, intelligent nano-cooling yarn technology and meets the international green environmental protection and energy processing standards, giving the wearer a cool and comfortable experience. Compared with normal fabrics, it reduces body temperature by 2°C, blocks harmful ultraviolet rays and is made of washable fabrics, which provide consumers with a light and comfortable experience for prolonged outdoor activities. Another great product is “Target Global Health Energy Tape” developed by Target Global which facilitates muscle relaxation after exercise. The product doesn’t contain any anti-inflammatory medicine either. By adopting patented nano-technology, precious metal elements imported from Germany are injected into the surface of the cloth, which stimulates blood circulation and effectively relieves muscle soreness after exercise.

Those wishing to avoid the baking hot summer weather are welcome to visit the “Taiwan Excellence Online Shopping Platform” established jointly by the Bureau of Foreign Trade, the Ministry of Economic Affairs, and the Taiwan External Trade Development Council (TAITRA) on PChome24h (https://24h.pchome.com.tw/region/DSAW). The platform has over 1,000 outstanding products recognized by the Taiwan Excellence Award and provides fast, 24-hour delivery service in Taiwan (6 hours for Taipei) as well as delivery to over 100 countries (https://global.pchome.com.tw/DSAW), allowing consumers to enjoy the most convenient home shopping experience. For the latest news from Taiwan Excellence, please join our Facebook fan page

(https://www.facebook.com/TaiwanExcellence.TW/) and subscribe to our YouTube channel (https://www.youtube.com/user/TaiwanExcellence).

Tag: innovation