Industrial business examples
Share to Twitter Share to Linkedin I recently came across a blog written by Jake Saper, a general partner at venture capital firm Emergence. The firm had led a series A funding of Regal.io , an innovative new call center tool, and he was gushing. "I fell in love with Regal.io in a random field outside of Denver International Airport," he wrote . "Listening to Regal.io’s Co-Founder and CEO Alex Levin lay out his vision as we walked past roaming buffalo, my neck hurt from nodding along." Why so excited? Because Saper and his team at Emergence have been investing in technology companies that are building "event driven" tools. And I don't blame them. As a customer relationship management (CRM) consultant and business owner, I desperately need these kinds of tools too. What is "event driven?" It's simple. Today's sales and service applications drive engagement sporadically based on leads collected on a website or requests made to a call center. … [Read more...] about On CRM: Regal.io Elegantly Solves One Problem, But Not My Problem…Yet
The major downside to cryptocurrency is the risk of loss, which is even more difficult to manage when a crypto company is holding your coins. In November 2022, crypto exchange FTX suffered a major liquidity crisis , and filed for Chapter 11 . In July 2022, two major crypto trading platforms, Voyager and Celsius, declared bankruptcy . But what does that mean for investors? Key Takeaways Cryptocurrency users have limited recourse if the cryptocurrency company that they use goes bankrupt. After the bankruptcies of crypto firms Celsius and Voyager, investors have a reason for concern. Cryptocurrency holdings are not protected by government-backed insurance. Bankruptcies Leave Crypto Investors Unable to Withdraw The bankruptcies of Voyager and Celsius highlight the unique risks that cryptocurrency holders and investors face when trusting crypto firms with their funds. These two incidents alone could lead to well over $1 billion in investor losses. … [Read more...] about What Happens When A Crypto Exchange Goes Bankrupt?
The recently-announced Central Bank Digital Currency (CBDC) is likely to co-exist with the Unified Payments Interface (UPI) rather than compete with it, say experts. "The physical bank with saving accounts will never be completely replaced by digital currency accounts. Digital currency accounts will be in the form of digital wallets, which may inhibit adoption among older people. The CBDC will co-exist rather than compete with UPI," said Pooja Sondhi, Director & COO, Livfin. Currently, the digital rupee is not as convenient as UPI because it has been opened only to select users in a closed-user group (CUG). UPI is a bank-to-bank transfer, so banks know who you are paying and how much, whereas the digital rupee is like cash and therefore won't leave an audit trail. Experts believe that in order to ensure that the CBDC is widely adopted the Reserve Bank of India (RBI) will have to develop an ecosystem like UPI. Across the country, people have rapidly adopted UPI and … [Read more...] about Digital rupee will co-exist rather than compete with UPI: Experts
Bloomberg filepix for illustration purpose only. - A + A KUALA LUMPUR (Dec 4): Malaysia’s Maritime industry had a mixed development in 2022, with the shipping business slowly steaming in rough waters, attempting to recover from the hard knocks of the Covid-19 pandemic, and rebuilding it amid a lack of directional stability. However, the ports have started gaining momentum. The Malaysian ports, especially those with greater exposure to the global supply chain, are seen to be consistently improving their efficiency and capacity to compete with regional players, while simultaneously embedding digitalisation. Shipping: Change the direction, rationalise target The Malaysian Shipping Masterplan (MSMP) 2017-2022 was launched five years ago and is due for a review, but the industry is still falling short of its targets. This, coupled with the pandemic that wrecked the supply chain, has left the industry in limbo, or at least directionless. According to a source from … [Read more...] about Malaysian shipping struggling to catch up, while ports ‘anchor aweigh’ from troubled waters
Share to Twitter Share to Linkedin Key Takeaways The Philly Fed Manufacturing Index dropped again in November. This drop takes the index to its lowest point since May 2020. The index has been negative for the last three months. While certain economic metrics seem to indicate that we are in a recession, other factors show more positive signs. Currently, the Philly Fed Manufacturing Index is flashing bad news for the manufacturing sector. Let’s take a closer look at the Philly Fed Manufacturing Index and how it might impact your investment portfolio. What is the Philly Fed manufacturing index? The Federal Reserve Bank of Philadelphia conducts a monthly survey of manufacturers. The survey is limited to the Third Federal Reserve District, which covers Delaware, nine counties in New Jersey, and 48 counties in Pennsylvania. It has run each month since May 1968. The survey asks manufacturers about the direction change in their overall … [Read more...] about Philly Fed Manufacturing Index Continues Its Downward Slump