The US ‘Reshoring Initiative’ Resets Globalization

Increased capital spending suggests companies could be looking to replace overseas workers with technology, as a reshoring move sweeps over major economies The pandemic and recent geopolitical tensions are resetting the world in many ways and reversing how countries and organizations have been doing business around the world. Globalization, which has always driven world trade,Read More

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Bringing Order to Chaos – the ML edition

Machine learning is set to be central in tapping the gold mine of unstructured data. Here’s how: According to a 2021 report from the International Data Corporation (IDC), “the amount of digital data created over the next five years will be greater than twice the amount of data created since the advent of digital storage.”Read More

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Prof. Anil K. Bera, the co-inventor of the famous ‘Jarque–Bera’ Statistical Test, visits the Praxis campus to deliver an interactive session

Praxis Kolkata campus was graced by the presence of Prof. Anil K. Bera, Professor of Economics at the Department of Economics, University of Illinois (Urbana–Champaign); and the co-inventor of the famous ‘Jarque–Bera’ Statistical Test, on 17 August 2022. He visited the campus to deliver an interactive session on “Clustering is the Key to Almost EverythingRead More

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The Age of Change Makers – Innovating out of a crisis

Understanding the design in the confusion enables us to ride the change; and although wobbly at first, we slowly find our balance Change happened at laser velocity in the last two-and-a-half years. Tomorrow became today, and the next suddenly turned into now even before we fully realised what was happening. Just when we thought thatRead More

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Praxis to design and deliver Suriname’s first-ever Master’s programme in Data Science in a joint initiative with the Polytechnic College, Suriname

Praxis Business School Foundation, India (Praxis) and The Polytechnic College, Suriname (PTC) signed a Memorandum of Agreement (MoA) on 23rd August to collaborate academically. The terms of the MoA are to design and deliver the 2-year fully online Master ICT program in Data Science. As India’s No.1 Post Graduate Data Science Program (Analytics India MagazineRead More

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Big Data and Big Data Analytics

In today’s world, the growth of data has increased exponentially. One of the main reasons for this rapid data growth is the extensive use of social applications. Billions of users connect daily on social media platforms, share information, upload images, videos, and many more. And companies are using this as an opportunity for growth andRead More

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Tech’s new Last-Mile/First-Mile conundrum – Part II

Part II: Solutions from a Kearney case-study A comprehensive end-to-end strategy and new digital tools can address supply shortages, rising fulfillment costs, and customer experience Customer satisfaction is an obvious starting point while building a company’s LM/FM strategy. Considering where and how consumers learn about products, what factors they consider during purchase and what actRead More

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Amazon poised to transform four industries

These are four industries where Amazon’s disruptive intentions are clearest today, and with the behemoth’s scale and advantages it could soon be a reality From books to movies, to shopping and Cloud services, Amazon has been disrupting businesses ever since its humble beginnings in 1994. In 2021, Amazon’s total consolidated net sales revenue amounted toRead More

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Tech’s new Last-Mile/First-Mile conundrum – Part I

Part I: Disruptions Tech retailers are facing supply chain disruption issues in D2C last-mile fulfilment and first-mile reverse logistics for returns. Here’s what you need to know That the supply chain crisis has had far-reaching and cascading implications for the entire world economy is now a fact known to all. Though stress lines existed prior,Read More

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Cyberwar escalates in Ukraine-Russia conflict

An NGO is monitoring how cyberattacks and operations tied to the conflict have been affecting civilians since Russian Federation forces first invaded Ukraine The “special operation” in Ukraine continues to characterize the threat landscape from a Hacktivism, and Cyber Espionage standpoint. Multiple targets in Lithuania and Latvia (and in the United States as well) wereRead More

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