Business APAC's Innovative Leaders in Tech 2024

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LETTER EDITOR’S

INN VATIVE LEADERS IN TECH

Business APAC’s Innovative Leaders in Tech, 2024

Shaping the Future with Innovation!

DearReaders,

Inaneradefinedbyrapidtechnologicaladvancementsanddigitaltransformation,theimportanceofinnovationinthe technologysectorcannotbeoverstated.Asindustriesacrosstheglobenavigatethecomplexitiesofanincreasinglydigital world,visionaryleadersintechnologyplayacrucialroleindrivingprogress,fosteringinnovation,andshapingthefuture. Theimpactoftheseleadersextendsbeyondtheirorganizations,influencingbroadermarkettrendsandsettingnew benchmarksforexcellence.

Thetechindustryisattheforefrontofrevolutionizinghowwelive,work,andinteract,withinnovationsrangingfrom artificialintelligenceandblockchaintocloudcomputingandtheInternetofThings.Theseadvancementsarenotonly transformingbusinessesbutalsoenhancingeverydaylife,makingitmoreefficient,connected,andsustainable.Theability toleadinsuchadynamicandrapidlyevolvingenvironmentrequiresexceptionalvision,resilience,andacommitmentto pushingtheboundariesofwhatispossible.

Againstthisbackdrop,BusinessAPACisproudtopresent“BusinessAPAC’sInnovativeLeadersinTech,2024,”a specialeditiondedicatedtocelebratingtheextraordinarycontributionsoftechleaderswhoareredefiningthelandscapeof innovation.

OurcoverstoryfeaturesBoutrousFrangieh,CEOofIndorse,whoseforward-thinkingapproachandleadershiphave propelledthecompanytotheforefrontofthetechindustry.Indorsestandsoutforitsinnovativeuseofblockchain technologytorevolutionizetalentverificationandskillassessment,addressingcriticalchallengesinthemodernworkforce.

Theeditionalsohighlightstheachievementsofotherdistinguishedleaders,includingDineshAgaskar,AnuragBhatia, MohamedSaieed,andMaggieChen.Eachoftheseleadersbringsuniqueinsightsandpioneeringsolutionstothetable, contributingtothetechsector'sgrowthandevolution.

Aswecelebratetheseinnovativeleaders,itisclearthattheircontributionsarenotonlydrivingtechnological advancementsbutalsocreatingamoreconnectedandefficientworld.Theirworkunderscoresthecriticalimportanceof innovationinaddressingthechallengesoftodayandunlockingtheopportunitiesoftomorrow.

HappyReading!

PAGE CREDIT

Publisher : Archana Ghule

Editor-in-Chief : Vikram Suryawanshi

Managing Editor : Pankaj Gholap

Creative Head : Project Editor :

Sachin Kharat Parag Ahire

Graphic Designer : Anu Bharathi M

Head of Distribution & Production: Aakash Mahajan

Web Development & Maintenance : Vishal More

Project Manager : Vaishnavi Dahatonde

Business Analysts : Maria Smith

Advertising : Jacob Eddy

BUSINESS APAC

BOUTROUS FRANGIEH

Revolutionizing Business Operations Through Digital Transformation COVER

indorse

IIndorseisaleaderindigitalsignatures,business processes,anddocumentmanagementsolutions.With itsheadquartersinSaudiArabia,Indorseoffersan integrateddigitalplatformthatsimplifiesdocument review,signing,andstamping(endorsement).This streamliningofworkflowsbenefitsbusinessesand enterprisesalike.Asaproactivesolutionprovider, Indorseenablesorganizationstoautomatedocument approvalsandmanagebusinessprocessesacross variousdepartments.Consequently,thisleadstosecure, efficient,andscalableprocessesthatcatertodiverse businessneedsandbolsterstrategicobjectives.

Establishedtoenhanceworkefficiency,Indorse employscutting-edgetechnologytofacilitateseamless dataexchangesthrougheSignatureanddocument automation.Thesesolutionsexpediteproducttime-tomarket,mitigaterisks,andcurtailerrors.Thus, customerscanconcentrateonpivotaltasks,economize, andoptimizeresources.

DeliveringValuethroughEfficiency,Compliance, andExceptionalCustomerService

Indorseprioritizesuser-friendlinessbyprovidinga straightforwardimplementationprocess.Their document-centricsystemenablesteamstoautomate workflowseffortlessly Asalocallyhostedsoftware provider,Indorseadherestolocalandinternational securitylawsandregulations,offeringreadilyavailable localsupportandcustomercare.Efficiencyisa significantpillarofIndorse,promptingthecompanyto providefoursolutionsatthepriceofasingleproduct, includingacomprehensiveplatform,unlimited signatures,andanintegratedworld-classengine.

Inaddition,customerserviceformsthecoreof Indorse’soperations,withacommitmenttosuperior servicestandardsandrelationshipbuilding.Emphasisis placedongovernancethroughsignatoryandapproval

Not

COVER STORY

mechanisms,incorporatingcompanyordepartmentalstamps alongwithpersonalsignatures.Moreover,Indorseupholds globalstandardsbyintegratingacomprehensiveenterpriselevelsystemwithaworld-classengineandnurturing partnershipswithglobalvendors.

EnhancedSecuritythroughComprehensiveBusiness Solutions

Indorsecaterstocontemporarybusinessneedswithabroad spectrumofsolutions.Thecompanyoutperformsbasic electronicsignatureswithadigitalsignaturetool,safeguarding theintegrityofdocumenttransactions.Itsplatform,resembling avirtualfilingsystem,efficientlyandsecurelymanagesdigital documents,organizingandprovidingeasyaccesstoallfiles.

Furthermore,Indorsestreamlinestheprocesseswithaworkflow managementsystem,makingtaskslikedocumentapprovaland sharingsmoother Thecompanyalsointroducesanofficesuite forcollaborativedocumentcreationandediting,thereby simplifyingteamworkandboostingproductivity.

Inadditiontotheseservices,Indorseprioritizesdatasecurity.It offersafile-sharingsolutionthatensuressensitiveinformation remainsconfinedtotheintendedcircleofusers.Thisfocuson

securityunderscoresIndorse’scommitmentto providingcomprehensivebusinesssolutions.

StreamlinedDigitalDocumentApprovalwith Indorse

Indorsesimplifiestheapprovalprocessfordigital documentsbyintegratingwithgovernmentdatabases andPassport-RFIDscanningtools.Thisintegration removesthecomplexityassociatedwithtrusted digitalsignaturesandguaranteessecure identification,eliminatingtheneedforexternal systemsormanualintervention.

WithIndorse,businessescanapprovedigital documentsswiftlyandeffortlessly,anytimeand anywhere.Userscankick-startthesigningprocess independentlywithouttherequirementforextensive trainingorassistance.Thisstreamlinedmethod boostsefficiencyandflexibility,enablingbusinesses tospeedupdocumentapprovalswhileupholding securityandcompliancestandards.

Byharnessingadvancedtechnologyandintegrating seamlesslywithgovernmentdatabasesand Passport-RFIDscanningtools,Indorseprovides businesseswithareliableandconvenientsolution formanagingdocumentapprovalsandconsent processes.Thisensuressmoothworkflows, minimizesdelays,andenablesuserstosign documentssecurelyandconfidently,irrespectiveof theirlocationortimeconstraints.

ElevatingeSignatureExperienceswithSeamless Functionality

Balancinguserexperienceandsecurity,Indorsesets itselfapartfromcompetitors.Whilesome eSignatureplatformsmayprioritizeoneoverthe other,Indorseensuresequalemphasisonboth.This balanceallowsuserstoenjoyaseamlesssigning experiencewithoutcompromisingsecurity.

OnekeyfeaturethatdistinguishesIndorseisits streamlinedsigningprocess.Contrarytoother platformsthatmightrequiremultipleclicksor navigationawayfromthemainapplication,Indorse allowsuserstodigitallysigndocumentswitha singleclick,rightwithintheircoresystem.This simplificationboostsefficiencyandenhancesuser productivity.

Always ask for ease of use. At Indorse, we focus our research on how to make the eSignature system easier for the end user. Our goal is to enable a user to sign in just 1-click

COVER STORY

AnotheruniqueaspectofIndorseisitsownershipandcontrolof thesourcecode.Asthecompanyownstheproduct,ithasthe flexibilitytocontinuallyrefineandcustomizeitsplatformto meetcustomers’evolvingneeds.Thisownershipguaranteesa levelofresponsivenessandadaptabilitythatmightbelackingin platformswithlesscontrolovertheirtechnology.

Moreover,Indorseboastsadedicatedteamfocusedsolelyon developingandenhancingitselectronicsignatureplatform.This concentratedeffortenablesIndorsetorespondswiftlyto customerneedsandmarketchanges,ensuringtheplatformstays atthecuttingedgeofinnovationandcustomersatisfaction.

WithtechnicalandcustomersupportbasedinSaudiArabia, Indorseprovidespromptandresponsiveassistancetoits customers.Thislocalsupportensuresquickresolutionofissues andboostsoverallcustomersatisfaction.Additionally,Indorse’s solutioniscompatiblewithvariousdevices,includingmobiles, PCs,iPads,andtablets,offeringusersflexibilityand convenience.

Indorsealsoprovidescustomizationoptionsandthecapability toapplygovernancetodocument-basedprocedures.This adaptabilityallowsbusinessestotailortheplatformtotheir specificneedsandensurecompliancewithregulatory requirements.Furthermore,Indorsesupportstimestampingfor eachsignature,addinganextralayerofsecurityand accountabilitytodocumenttransactions.

VersatileWorkflowManagementwithIndorse

Indorse’splatformboastsarobustworkflowenginethatsupports twouniquetypesofworkflows:sequentialandparallel.Here’s howIndorsestreamlineseachtypeandenablesenterpriseusers todelegatetaskstovariousstakeholderswithpredefined documentactions.

Forsequentialworkflows,Indorseallowsuserstoestablisha step-by-stepprocesswheretasksfollowalinearorder This meansonetaskmustconcludebeforethenextonecommences. Forinstance,inadocumentapprovalprocess,adocumentmight needonedepartment’sreviewbeforeanotherdepartmentcan givethefinalapproval.Indorseensuresthecompletionofeach taskinthesequenceinthecorrectorder,therebystreamlining theworkflowandmaintainingcompliancewithsetprocedures.

Incontrast,forparallelworkflows,Indorsepermitstaskstobe completedconcurrentlyorindependently Thisworkflowtypeis advantageousforprocesseswheremultipletaskscanoccur simultaneously,acceleratingtheoverallprocessandenhancing efficiency.Forexample,inadocumentreviewprocessinvolving

severalstakeholders,eachreviewercanevaluate thedocumentatthesametime,insteadofwaiting forotherstocompletetheirreview

Furthermore,Indorseenablesenterpriseusersto assigntaskstoemployees,customers,orsuppliers withpredefineddocumentactions.Userscan specifyparticularactionsorstepsrequiredateach workflowstage,suchasreviewing,approving,or editingdocuments.Thisclarityensures accountabilitythroughouttheprocess,aseach participantunderstandstheirroleand responsibilities.

Non-Repudiation, if your solution does not protect you from repudiation then you have a big security gap that you don’t know about

Byaccommodatingbothsequentialandparallel workflowsandallowingtaskassignmentwithpredefined actions,Indorseequipsenterpriseuserswiththe flexibilityandcontroltheyneedforeffectivedocumentcentricprocessmanagement.

EmpoweringEfficiencythroughIntuitive Automation

Indorseequipsitscustomerswithapivotalfeature knownas“Rules”thatnotonlydigitizesbusiness operationsbutalsoeffectivelyautomatesthem.The standoutaspectofthiscapabilityisitsaccessibility: users,irrespectiveoftheirprogrammingknowledge,can utilizeittoautomatevariousbusinessprocesses.

The“Rules”featureallowscustomerstostreamlinetheir operationsbysettingupautomatedactionsbasedon specificconditionsortriggers.Forexample,theycan formulaterulestoautomaticallyassigntaskstoteam memberswhencertainworkflowmilestonesare achieved.Alternatively,theycansetuprulestodispatch timelynotificationstostakeholdersasdeadlinesnear

Indorseensurestheautomationprocessisuser-friendly anduncomplicated.Customersdon’tneedtechnical expertiseorcodingskillstoimplementautomation. Theycaneffortlesslyconfigurerulesthroughanintuitive interface,specifyingconditions,actions,andtriggers withafewclicks.

ByadoptingautomationwithIndorse,customerscan significantlyboosttheiroperationalefficiency.Manual tasksthatpreviouslyconsumedvaluabletimeand resourcescannowbeautomated,freeingupemployees toconcentrateonmorestrategicinitiatives.This transitionnotonlyquickensproductivitybutalso reduceserrorsandmaximizesoutput.

UnveilingtheDynamicTeamBehindtheInnovation

Indorsebringstogetheradedicatedandskilledteamthat tirelesslyinnovatesanddeliversexceptionalsolutionsto customers.Theteam,comprisingprofessionalswith diversebackgroundsandexpertise,sharesapassionfor technologyandacommitmenttoexcellence.

Engineersanddevelopers,thebackboneoftheteam,use theirtechnicalprowesstobuildandenhancetheIndorse platform.Theirexpertiseinsoftwaredevelopment, cloudcomputing,andcybersecurityensuresthatIndorse

COVER STORY

staysattheforefrontoftechnological advancement.

Inadditiontotechnicaltalent,Indorseboastsa teamofcreativemindsresponsiblefordesigning intuitiveuserinterfacesandseamlessuser experiences.Theirfocusonuser-centricdesign principlesensuresthattheIndorseplatformisnot onlypowerfulbutalsoeasytouseandnavigate.

ThecustomersupportandsuccessteamatIndorse playsacrucialroleinensuringcustomer satisfactionanddrivingadoption.Theirdedication toprovidingpromptandpersonalizedassistance ensuresthatcustomersreceivethesupportthey needtomaximizethevalueoftheIndorse platform.

Behindthescenes,theleadershipteamatIndorse providesstrategicdirectionandguidance,steering thecompanytowarditsgoalsandobjectives.Their visionandindustryexpertiseshapethedirectionof productdevelopmentandinnovation,driving Indorse’ssuccessinthecompetitivemarketplace.

Indorse’sVisionfortheFuture

Indorseenvisionsafuturecharacterizedby innovationandgrowth.Thecompanyplansto continuallyrefineitsproducts,enhanceexisting features,andlaunchnewonestocatertocustomer needs.Theirgoalistomaintainaleadingedgein thedigitalsolutionsfield.

Diversificationintonewmarketsisaprimaryfocus forIndorse.Theyaimtoextendtheirreachto variousindustriesandregions,expandtheir customerbase,andestablishthemselvesasaglobal leaderindigitalsolutions.Indorseprioritizes customersatisfaction.Theyarecommittedto heedingcustomerfeedback,offeringsupport,and aidingclientsintheirdigitalpursuits.

Furthermore,Indorseplanstoinvestinresearchto stayabreastoftechnologicaltrends.Thecompany strivestofosterinnovationandrolloutcuttingedgesolutionsthatcatertofuturemarketdemands.

Dinesh Agaskar Dinesh Agaskar

Charting the Course of Innovation and Success in IT Telecom

DineshAgaskar,FounderandCEOofNemara, isanentrepreneurialleaderwitharemarkable trackrecordinenhancingoperationalefficiency andcustomerexperience.Overthepast23years,Dinesh hasconsistentlydrivenbusinesssuccessacrossvarious industries.Notably,hehasexcelledintheITandtelecom sectors,wherehisleadershiphassignificantlyboosted marginsanddoubledturnoverinthelastfiveyears.

AnalumnusoftheIndianInstituteofManagement(IIM) Kozhikode,DineshholdsaPostGraduateDiplomain ManagementwithafocusonDigitalTransformationfrom theNationalUniversityofSingapore.Healsopossessesa GooglecertificationinFundamentalsofITManagement, solidifyinghisexpertiseinthefield.

Dinesh’scareerdemonstrateshisabilitytoimplement strategicinitiativesthatdelivertangibleresults.Hiskeen insightintomarkettrendsandcustomerneedshasenabled himtospearheadprojectsthatoptimizebusinessoperations andenhanceservicedelivery.Underhisleadership,the companieshehasledhaveconsistentlyachievedsuperior performanceandgrowth.

LeadingThroughStrategy,ClientEngagement,and EmployeeDevelopment

AsCEO,Dineshstartshisdayearly,reviewingkey performancemetricsandupdatesfromhisexecutiveteam. Hespendsasignificantportionofhistimeinstrategy meetings,aligningthecompany’slong-termgoalswith currentmarkettrendsandclientneeds.Dineshholdsoneon-onediscussionswithteamleaderstoaddresschallenges, ensuringeveryteammembercancontributetheirbestideas.

ClientengagementisanothercriticalaspectofDinesh’s role.Hemeetsdirectlyorcallsvirtuallytoensurethe companyconsistentlymeetsclientexpectations. “The most rewarding part of my role is seeing the tangible impact of our solutions on clients' success and growth,” says Dinesh.

Dineshisalsodeeplycommittedtofosteringacultureof continuouslearningandinnovationwithinthecompany Hegainsimmensesatisfactionfromseeingemployees thriveanddevelop.Hebelievesamotivatedandskilled workforceiskeytosustainedbusinesssuccess.

DrivingInnovationinITConsultancy

Nemerameetsthediverseneedsofitsclientswithastrong emphasisonserviceandsolutions.Thecompanydelivers high-qualityITandtelecomservicesthatdrivegrowthand efficiencyforbusinessesacrosstheAsia-Pacificregion.

DineshfoundedNemeraintheyear2000,namingitto symbolizeanewerainmanagement:“Ne”forNew,“M” forManagement,and“Era”forEra.Sincethen,Nemera hasestablisheditselfasaleadingITconsultancyin Thailand.Nemeraoffersacomprehensiverangeof services,includingintegration,commissioning, customization,andmaintenance.

Moreover,Nemera’sclientsarelargeenterprises,suchas IBMandExxonMobil,thatneedassistancedeveloping, upgrading,customizing,andmaintainingtheirtechnology solutions.Inarapidlychangingtechnologicallandscape, Nemeraprovidestheexpertiseneededtokeepupwith trendswithoutclientshavingtomaintaintheirback-end

structures.Consequently,thisapproachallows clientstostayaheadintheirindustrieswhile focusingontheircorebusinessoperations.

LeadershipthroughChallenges

Dineshhasfacedmanychallengesinhiscareer thathavesignificantly shapedhisgrowthasa leader.Oneearlyhurdle wastherapidtechnological advancementsintheITand telecomsectors.Tostay ahead,heneededtolearn andadaptcontinuously “I invested heavily in ongoing education,” Dineshsays, reflectingontheeffort neededtokeeppace.He fostersaninnovativeculture withinhiscompany, ensuringtheystayatthe forefrontofindustry developments.

Anothersignificant challengewasscaling Nemerawhilemaintaining corevaluesandhighservice standards.Asthecompany grew,itwascrucialto implementrobustprocesses andbuildastrong leadershipteamthatcould upholdtheircommitmentto excellence. “I focused on hiring top talent and empowering them with the autonomy and resources they needed to succeed,” Dineshexplains.

StrengthinDiversity:Nemera’sMultifaceted TeamDrivingInnovation

TheteamatNemeraisadiversegroupofhighly skilledprofessionals,eachbringingunique expertiseandperspectivestothetable.This diversityisoneofthecompany’sgreatest strengths.Theteamincludes expertsfromvariousfields, suchassoftware development,network engineering,cybersecurity, andcustomerservice.

Success in any industry is built on strong, trusting relationships-whether with colleagues, clients, or partners “

Furthermore,managingeconomicdownturns andmarketvolatilityhasbeenarecurring challenge.Inresponse,hedevelopedaresilient businessmodel,diversifiedservices,and maintainedaflexibleapproachtoadapt quicklytochangingmarketconditions.These strategieshelpedNemerasurvivetoughtimes andpositionedthecompanyforsustainable growth.

“We have a team that can approach problems from multiple angles,” Dinesh saysproudly Thisvaried expertiseallowsNemerato comeupwithinnovative solutionsthataddressawide rangeofclientneeds.The collaborativeenvironment fosterscreativityandensures thatthecompanystays aheadinthefast-evolvingIT andtelecomsectors.

DigitalTransformation andDocument ManagementinSoutheast Asia

Dineshseesabrightfuture fordocumentmanagement anddigitaltransformationin ThailandandSoutheastAsia. Astheregionexperiences rapideconomicgrowthand digitaladoption,heobserves asignificantshifttoward moresophisticateddigital solutions.

“Digital transformation in Southeast Asia is driven by increased internet penetration, the proliferation of mobile devices, and supportive government policies,” Dineshnotes.Thistransformation reshapesthebusinesslandscape,withmore companiesembracingdigitaltoolstostay competitive.

Intermsofdocumentmanagement,Dineshhighlightsthe growingemphasisonsecure,scalable,andintegratedsystems. “Businesses are moving away from traditional paper-based processes to digital platforms that offer seamless collaboration, real-time access, and robust security features,” heexplains. Theseadvancementsimproveefficiencyandensuredata security

StrategiesforAchievingWork-LifeBalance

Dineshbelievesaperfectwork-lifebalanceiscrucialforlongtermproductivityandpersonalwell-being.Heprioritizeshis timeandsetsclearboundariestodevotehimselffullytoboth professionalresponsibilitiesandpersonalinterests. “I plan my days meticulously, ensuring that my work schedule is productive and efficient,” Dineshexplains,highlightingtheimportanceof effectivetimemanagement.Thisapproachallowshimto dedicatequalitytimetohisfamilyandpersonalpursuitswithout feelingoverwhelmed.

Dineshdelegatesresponsibilitiestohisteamtomaintainaworklifebalance.Trustinghiscolleaguesempowersthemandfrees himtofocusonstrategicdecisionsandpersonaltime.Healso leveragestechnologytostayconnectedandmanagework remotelywhennecessary,providingflexibilityinhisschedule.

Outsideofwork,Dineshenjoysseveralhobbiesthathelphim unwindandrecharge.Reading,golfing,andmusicareamong hisfavoriteactivities.Thesehobbiesprovideacreativeoutlet andasourceofrelaxation,allowinghimtoclearhismind,stay active,andfindinspirationbeyondtheoffice.

GuidingPrinciplesforSuccessinITandTelecom Leadership

Dineshoffersvaluableadviceforaspiringleadersinthe evolvingITandTelecomlandscape.Heemphasizesthe importanceofembracingchangeandcontinuouslearning. “Stay ahead through ongoing education and adaptability,” headvises.

Dineshencouragesleaderstoremainopentonewideasand technologies,fosteringinnovationandpersonalgrowth.He underscoresthesignificanceofcultivatingtrustwithcolleagues, clients,andpartners.Successinanyindustryrelieson collaborationandknowledgesharing.

Furthermore,Dineshstressestheimportanceofresilienceand agilityinnavigatingchallenges.“Maintainapositiveattitude andbeadaptable,”hesuggests,highlightingtheneedfor resilienceinadversityandanagileapproachtoseizingnew opportunities.

Challenges and setbacks are inevitable, but how we respond to them defines our success “

A COMPREHENSIVE GUIDE TO INDUSTRY

The Next Big Industrial Revolution

Youmighthaveheardofthe

FourthIndustrialRevolution,or Industry4.0,whichbroughta waveoftechnologyandautomationinto ourfactoriesanddailylives.Butholdonto yourhatsbecausethere’ssomethingnew onthehorizon:Industry5.0.Moreover, it’slikethenextlevelofthegame, buildinguponwhatIndustry4.0started. Thus,theworldistalkingaboutIndustry 5.0,andit’stimetodivedeepto understandtheimpactitwillhave.Ifyou arewonderinghowitstandsoutfromits predecessor,Industry4.0,thecool technologiesdrivingit,andwhich industriesmightgetamakeover,well, we’reabouttoexploreitall!

Industry5.0vs.Industry4.0:What’stheBuzz?

Industry-5.0-vs.-Industry-4.0-What’s-the-Buzz

RememberIndustry4.0,thetech-savvyrevolutionthatbrought automationandconnectivitytotheparty?Well,Industry5.0takesthat upanotch.WhileIndustry4.0wasallaboutrobotsandmachines workingefficiently,Industry5.0inviteshumansbackintothemix.Itis liketransformingaone-persondanceintoaduet,wherehumansand machineswaltztogethertocreatesomethingamazing.

What’sDifferentAboutIndustry5.0?

What’sthedealwithIndustry5.0?Well,imagineIndustry4.0asa super-smartrobotdoingalltheheavyliftinginafactory.Itisefficient andall,butitismissingalittlesomething–thehumantouch.Industry 5.0stepsintobringthattouchback.Itisallaboutputtinghumansfront andcenter,workingtogetherwiththosesmartmachines.

Picturethis:inanIndustry5.0setup,humansandrobots teamuplikesuperheroestocreateamazingstuff.People bringtheircreativity,problem-solvingskills,andthat warmfuzzythingwecallintuitiontothetable.Robots, ontheotherhand,bringprecision,speed,andtireless energy.Itislikeabuddy-copmoviewherethehuman detectiveandtherobotpartnersolvecrimestogether; theyeachhavetheirstrengths,andtogetherthey’re unstoppable.

WhyItMatters?

Now,youmightbewondering,whyshouldwecare aboutIndustry5.0.However,forstarters,it’sgotabig heartfortheplanet.RememberhowIndustry4.0made thingssuper-efficient?Similarly,Industry5.0takesita stepfurther.It’snotjustaboutmakingthingsfastand cheap;it’saboutdoingitinawaythatdoesn’thurtthe Earth.Thinkofitasafactorythatgrowsitsown vegetablesandusessolarpanelsforpower Therefore,it isnotjustmakingthings;it’sbeingagoodneighborto theenvironment.

Industry5.0isn’tjustaboutmakingfactoriesgreener.It isalsoaboutmakingsurethatwhentoughtimescome knocking(likeapandemicorasupplychainhiccup), theshowcanstillgoon.Itislikebuildingatreehouse thatcanswaywiththewindinsteadofcrumblingwhen abreezeblows.InIndustry5.0,factoriescanadaptand keepchurningoutproductsevenwhenthingsgetalittle rocky

HowcanIndustry5.0makeBusinessesandSociety Better?

So,wehavetalkedaboutthisfancyIndustry5.0thing andhowitisallabouthumansandrobotsteamingupto createcoolstuff.Butyoumightbewondering,what’sin itforbusinessesandtheworldaroundus?Well,the benefitsareprettysweet!

BenefitsforBusinesses

Youknowwhateverybusinesswants,right?Todo thingsbetter,faster,andwithoutbreakingthebank. That’swhereIndustry5.0comesinwithacapeanda superheroattitude.

• IncreasedProductivity:Withhumansandrobots workinghandinhand,thingscangetdonequicker

andwithfewerhiccups.Forinstance,thinkaboutit: robotscanhandlerepetitivetaskswithoutgetting tiredorcranky,leavinghumanstofocusonthebrainy stuff.

• Efficiency:Industry5.0setsupateamworksituation whereeveryone’sstrengthsareputtogooduse. Robotshandlethenitty-gritty,andhumansbring creativity.Itislikeatag-teammatchwhereeveryone wins.

• CostReduction:Industry5.0isn’tjustfunand games;itisaboutsavingthosepreciouspennies. Moreover,robotscanhelpcutdownonwasteand mistakes,whichmeanslessmoneygoingdownthe drain.Inaddition,withtasksbeingdonefasterand smoother,businessescansaygoodbyetounnecessary costs.

• Safety:Robotscantakeonriskyjobslikehandling hazardousmaterialsorworkinginextreme conditions.Thatmeansfeweraccidentsandmore peaceofmindforeveryoneinvolved.

BenefitsforSociety

Industry5.0isn’tjustawinforbusinesses;societygetsa front-rowseattotheawesomenesstoo.

• JobCreation:Rememberthosenewopportunities wetalkedaboutearlier?Well,that’sbecauseIndustry 5.0needssomeskilledfolkstokeeptherobotparty going.Thinkofitasachanceforpeopletolearnnew tricksandstayvaluableinthejobmarket.

• Sustainability:WithIndustry5.0’sfocusonbeing kindtotheEarth,we’relookingatagreener economy.Lesswaste,lesspollution,andmorehappy trees–whowouldn’twantthat?

• Resilience:Industry5.0isn’tjustafair-weather friend.Whentoughtimeshit,likeaglobalpandemic orasupplychainshuffle,thesesmartfactoriescan rollwiththepunches.Itislikehavingabackupplan thatnevergivesup.

ChallengesAhead

Now,itisnotallrainbowsandbutterflies.Thereareafew bumpsontheroadtoIndustry5.0greatness.

Skills:Forbusinesses,Itisallaboutgettingtheir teamuptospeed.Thatmeansteachingemployees newskillsandhelpingthemadjusttotherobot revolution.Itislikeupgradingyourcharacter’sskills inavideogame–ittakestimeandeffort,butthe rewardsareworthit.

Investment:Newtechnologiesdon’tcomecheap, andbusinessesneedtobewillingtoputtheirmoney wheretheirrobotsare.Itisaninvestmentinthe future,butitrequiressomefinancialbravery

Ethics:Asrobotsbecomemoreintegratedintoour lives,therearequestionstoansweraboutthingslike privacy,fairness,andwho’sresponsibleifsomething goeswrong.Moreover,itislikethewildwestof Technology,andweneedsomedigitalsheriffsto keepthingsincheck.

HowisitEmbracingaPromisingFuture?

• TechnologiesoftheFuture:Artificial Intelligence(AI),theInternetofThings(IoT), and3DprintingaretheheroesbehindIndustry 5.0.Moreover,AIhelpsmachineslearnand makedecisionslikehumans(well,almost),IoT connectsgadgetsandgizmos,and3Dprinting letsusbringourwildestideastolife.Itislikea techdreamteam,andthey’reallworking togethertomakethefuturebrighter.

• IndustriesontheRadar:Thinkabout manufacturing–factoriesbuzzingwithrobots andhumansteaminguptomakeproductsfaster andbetter.Butitdoesn’tstopthere.Moreover, healthcaremightseesuper-smartrobots assistingdoctorsandnurses,makingsure patientsgettop-notchcare.Similarly, agriculturecouldbecomemoreefficient,with sensorsandAIhelpingfarmersgrowmorefood withlesswaste.Therefore,itislikegiving variousindustriesafancyupgrade.

• TheGovernment’sHelpingHand:Youmight wonder,what’sthegovernment’sroleinallthis? Well,governmentscanbelikecheerleaders, rootingforIndustry5.0tosucceed.Moreover, theycancreatepoliciesthatsupportthegrowth ofthesenewtechnologies,offerincentivesto businessesadoptingthem,andprovidetraining programstohelppeopleacquiretheskills

neededinthistech-poweredworld.Itislike havingamentortoguideyouthrougha challenginggamelevel.

• EthicalDilemmas:Ah,ethics–thetrickypart. AsIndustry5.0takescenterstage,itbringsalong afewmoralquestions.Like,who’sresponsibleif arobotmakesamistake?Howdoweensure robotstreateveryonefairly?Andwhatabout privacywhenmachinesknowsomuchaboutus? Thesearerealhead-scratchersthatneed thoughtfulanswers.Itislikeexploringuncharted territorywhereourvaluesandtechnology intersect.

TheImpact

Firstoff,itmightchangethewaywework.Moreover, imagineyourselfinafactoryoranofficewhererobots dotherepetitivestuff,andyougettouseyour brainpowertocomeupwithcoolideas.Similarly,it’s liketradingaboringchoreforanexcitingadventure. InAddition,Industry5.0couldcreatenewkindsof jobswehaven’teventhoughtofyet.Furthermore, somebody’sgottobuild,program,andfixthose robots,right?So,therecouldbeawholebunchof opportunitiesforfolkswholovetinkeringwith technology

Wrap-UpInaNutshell

Inanutshell,Industry5.0islikethetech-savvycousin ofIndustry4.0,andithassomefancynewmoves.Itis allaboutteamworkbetweenhumansandrobots, makingthingsinawaythat’skindtotheEarth,and beingtoughenoughtohandlewhatevercurveballsthe worldthrows.So,getreadyforafuturewhereyouand yourrobotsidekickmightjustchangetheworld–one awesomeinventionatatime!

Itisanamalgamationofhumansandmachines,driven byAI,IoT,andotherfancytech,promisingabrighter futureforvariousindustries.Governmentslendahand tomakeithappen,andwe’reallsetforanexciting ride.Butremember,aswestepintothisnewera,we alsoneedtoaddresssomeseriousquestionstoensure thatourdigitalpartnerbehavesethicallyand responsibly.Itisathrillingadventureintothefuture, wherehumansandtechnologywritethestorytogether

Anurag Bhatia:

Carving Out A Niche In The Financial Industry

Inthelastdecade,APAChasseenacommendable growthintheeconomy.TheIndianeconomyhasalso witnessedgrowthduetotheinfluxofforeigndirect investments.Businesseshavebeenexpandinginthe regioncreatingawealthofjobopportunities.Thishas resultedinindividualshavingmoredisposalincomeonthe handsthaneverbefore.Thus,arisestheabilityofinvesting whichwillbenefitthemwithhigherreturns.

Investingwithahigherreturnisavitalfactorforfinancial planning.Themarketisfilledwithmanagementfirms targetinghighnet-worthindividualsandtheirimpressive portfoliosbutreturnsintherecentpastasstagnated.Many firmspromisetohelpeachindividualbutfocusonpeople withhighnet-worthbuteveryonejustwantstoshoveprestructuredproductsdowntheclient’sthroattoearn commissions.Nooneisinterestedtoprovidegoodservice, theverycoreofmoneymanagement.Beinga differentiatoramongstthesecompanies,AnuragBhatia (FounderandCEO)steppedinthemarketwith Thecompanywasintroducedwithanaimtochangethe investmentindustryscenariobyhelpinginvestorsfromall lifestylestoinvestinproductsthatwereearlieravailable onlytotheultra-rich.Rightfromfinancialhandholding, transparentdealingofinvestmentsthroughacustomerfriendlydashboard,tocentralizationofinvestmentsand taxationMinanceisgivingtheIndianconsumerfinancial independenceinthetruesenseoftheterm.

TinyConversationBecomesaDiscussionandSoona Business

Anuragwasveryyoungwhenhewasfascinatedby investmentandthestockmarket.Hisparentswantedhim tofosterahobbyandAnuragchoseabookoninvestments inthestockmarket.Hewas hooked.Peoplealsodidjoke

aboutthefactthatheneverreadbooksfromanyother genre.Bytheageof13hehadstartedinvestinghis parents’savingsinthestockmarket.

AstudentofScience,AnuraggraduatedinFinancefrom ManipalUniversityandpursuedPostgraduateResearchin FinancialMathematicsattheLondonSchoolof Economics.HisfirstjobwasatAmazonIndiaasaRisk Analyst.WhileworkingforAmazon,Anuragnoticedthat howpeoplethoughtabouttheirmoneyandfinances.While speakingtohiscolleagueshewouldsuggesthowto diversifytheirinvestmentandhissuggestionsworkedfor them.Thistinyconversationbecameadiscussionand soonabusiness.Amazonwastheplacewherethebusiness ofMinancewasoriginatedandhestartedbuildinga clientelebasedonpeoplewhowereinterestedinexploring themarketalsoidentifyingtheopportunitiesithastooffer. Ayearslater,Anuragventuredintoprivatewealth managementwithhisstart-upMinance.Todaywith3,000 customers,Minanceisaleadinginvestmentcompany

BeingComprehensiveWiththeAdvice

Anorganizationisbuiltwithpeopleso,itistheleader’s responsibilitytopassontheskillstoothers.Similarly, Anuragbelievesthathisresponsibilitiesdonotendwith pitchingtheproductsandtryingtogetmoreclients.At Minance,hemakessurethatwhateverknowledgehehas gainedispassedontoothers.Healsoensuresthatthe teamisactivelyinvolvedinteammeetingsandarecritical orfocusedonnewbusinesses.Anuragadds,“It is equally important for them to get the exposure that I get. We discuss ideas and strategies together and we listen to every single person’s opinion because Minance is not just my brand. When I talk to my partners about their investments it is not only their investments with Minance

Minance

but it’s their wealth as a whole. It is crucial to get that rapport with your clients to help them through their finances.”

TreadingCarefullyThroughtheChallenges

“There are always going to be people who will be unhappy with you but that should not stop you,”affirmsAnurag. Presently,thecompanyisestablishingitsnameinthe marketasittakesyearsandsometimesdecadesfora companytodefineitsfocusandculture.Thisisthe challengethecompanyisfacinghence,theteamis treadingcarefullythroughthechallenges.Beinginthe industryforfiveyears,Minancehasbeensuccessfulin creatingareputationtomaintain.Yet,theteamisstriving toachievemuchmore.

PartandParcelofInvesting

Riskisaninevitablefactorwhile investing.Nomatterhowmuchone triestorunawayfromtherisks,itwill catchonatsometime.Anuragadvises thatthemostimportantthingistonotbe afraidoftheserisks.Followingthissame approach,Minance’syoungteamof professionalshavetakenincrediblerisksand learnedfromthesuccessandfailuresovertime. Similarly,headvisesthathisclientsshouldalso followthesameapproachandbeconfidentenoughto facetheserisks.Thereisalwaysapossibilityoflosing moneybutthatshouldnotstoponefrominvesting.

betochartthatout.Anuragasserts,“We are working tirelessly to establish a Brand Equity for Minance. We are identifying what we want to stand for five years from now.”

Apartfromthis,thecompanywantstoestablishagood nameforitselfforattractingthebestemployees.“We are identifying what we want to stand for five years from now Ultimately, the question is; what do we want to be known for? The kind of people we hire is open-minded, willing to experiment and step out of their comfort zones. We want them to find us and express an interest in furthering their careers with us,”saysAnurag.

Anuragfurthersuggests,“Managing risk and your overall portfolio need your time and understanding. You need years of studying to make practical decisions. And if you can’t, you can always hire us.”Hesayswithawink.

PreppingFortheEliteIndianCrowd

Havingaroadmapreadyfortheyearstocomeisimportant butthemostimportantfactoristokeepchangingthismap withtimeandexperience.Anuragandhisteamarelooking forwardtobringthecompanytoalevelwhereitservesthe eliteIndiancrowd.Anuragandhisskilledteamare targetingtherichcustomerstoassisttheminmanaging theirwealthandallthestepstheywillemployin2020will

Investment Mantra:

“Learn and always try to learn. You do not need to be an encyclopedia but you need to have answers to the basic questions. One rule: When you’re buying a stock, someone else is selling it. Both of you think you’re right, but only one of you is. What makes you think it’s you?”

Anurag Bhatia
Founder &CEO
Minance

Hitachi Social Innovation is

Jurne of Success Enprneur Maggie Chen

BornandraisedinFujian,graduatedfromXiamenUniversityand TheNationalUniversityofSingapore,startedherbusinessin HongKong.Throughouttheyears,herbusinesshasdeveloped intomainlandChinaandSoutheastAsia.Inher20yearsofventure,she hastravellednumerousmiles,leavingherfootprintsallovertheworld. SheusedtobeanEnglishteacher,thenanemployeeofaforeignMNC. Later,shemadeagorgeoustransformationandstartedherownbusiness, beginningasanordinarybusinesswoman.Today,sheisknownasa successfulentrepreneur.

ThisgreatleaderisnoneotherthanMaggieChen,afriendlyandcalm, simpleyetintelligentfemaleentrepreneur.CrystalLinkTechnologythat shefoundedhasalwaysadheredtotheoriginalintentionofenhancing foodsafety Thisplatformcreatedanonlineandofflineservicesupply chainsystemtosimplifySupplyChainManagement.Asaresult,ithas establisheditselfastheleadingserviceproviderinChina’ssupplychain industry,growingitsreputationovertime.

LeveragingAdvancedTechnologies

BeforeestablishingCrystalLinkTechnology,Maggiefounded SinoServicesInternationalTechnologies,aleadinginformation technologycompanyinChina.“SinoServicesleveragesadvanced technologiessuchascloudcomputing,bigdataandartificialintelligence tocreatemobilesupplychainhybridcloudsolutionsformorethan1000 enterprises,”saidMaggie.“CreatingvalueforusersiswhatSinoServices

President | Crystal Link Technology

DECORATED AWARDS CABINET

Influential Business Women leaders in Asia-Pacific 2020 award

Scientific and Advanced Innovative th Technological Figure in the 70 Anniversary of China

2018 Top 100 Outstanding Female Entrepreneur Award

2014 Asia Pacific Entrepreneurship Award winner

Top Ten Figure in the Annual China Logistics and Cold Chain Industry

hasbeendoing.”Wearehonoredtowinawardssuch as“Top10LogisticsTechnologySolutionSuppliers intheAsiaPacific”and“IndustryLeadingBrandof China”.Besides,SinoServicespassedtheCMMIL5 certification,rankingamongthetop1000software developmentcompaniesintheworld.

PonderingSolutionsForFoodSafetyIssues

“Inthepastfewyears,frequentoccurrenceoffood safetyissueshavebeenlinkedtoflawsofsupply chain.Ourteamhasalwaysponderedabout solutionsforthisproblem,andinnovatingmethods topushforthedevelopmentofbetterfoodsafety system,tolettheconsumersfeelmoreatease.” Maggiesaid.Hence,CrystalLinkPlatformwas bornewiththefocusonfoodcaterersandsuppliers, newretails,providingtrading,logistics,finance, software,andhardwareintegrationandothersupply chainoperationandmanagementservices,building anintegratedonlineandofflinesupplychainsystem. Atpresent,CrystalLinkTechnologyhasprovided comprehensiveservicesto500+enterprise customers,helpingcustomersachieveoverallSupply ChainManagementefficiencyimprovements.

One-StopLogisticsOperationServices

“CrystalLinkTechnologyusestechnologyto connecttheupstreamanddownstreamofsupply chains,andthroughdata-drivenlogisticsoperations andfinancialsupport,improvetheoverallefficiency ofthesupplychain,”saidMaggie,“onlythrough efficientcollaborationcanweimprovetheentire SupplyChainManagementefficiencyandprotectthe sustainabledevelopmentofenterprisesinthechain.”

CrystalLinkTechnologyusesdatatodrive procurement,production,sales,andlogistics, helpingenterprisecustomerssolveoperationalpain pointsandimprovemanagementefficiency.Atthe sametime,throughcontinuouslogisticsnetwork constructionandbusinessoverlay,CrystalLink Technologybuiltamulti-temperaturelayerand Omnichannelwarehousedistributionlogistics networktoprovidecustomerswithone-stoplogistics operationservices.Itrealizeslogisticsnetwork, serviceproduction,operationstandardization, maximumsecurity,anddatacollaboration.

“Asmoreandmorecustomersarebeingserved,we arethinkingmorethandevelopingasupplychain

operationplatform,buthowtobetterintegratecorporate visionwithsocialresponsibility,”saidMaggie.“Atpresent, manyChineseCompanieslagbehindtheirEuropeanand UScounterpartsintermsoftheirSupplyChaincapabilities. CrystalLinkTechnologyhelpstoacceleratethe transformationandupgradingofthesecustomer’ssupply chain,andpromotesthedevelopmentofthefood traceabilitysystem.”

AdheringCoreValuesAndLong-TermGoals

Withthedevelopmentofglobaleconomicintegration,close cooperationbetweencountrieshasbeenstrengthened.Thus CrystalLinkhasalsoventuredoverseas.“Inadditionto China,CrystalLinkisalsopresentinSoutheastAsiawith Singaporeasthemainbranch,andEuropewithHungaryas thefocalpoint.Thisistofosterrelationshipsbetween Chinaandothercountriesworldwide,”Maggiesaid.

Asthecompanyhead,Maggiespendsalotoftime travelingtomajorcitiesinChinaaswellasoverseas. Althoughhertimespentinthecompanyislimited,itdoes notaffecttheefficientoperationofthecompanybecause shehasaveryexperiencedteambehindher.Theyarethe cornerstoneofthesteadyandhealthydevelopmentofthe organization.Maggiebelievesthatthesuccessofthe companycomesfromavibrantcorporateculture,clear valueproposition,andunremittingeffortsoftheteam members.

“Entrepreneursfacemanychallengesinstartingabusiness. Thisisapricethataleadermustpaytogrowtheir business.”describedMaggieabouthercareerand entrepreneurialexperience.Sheiscurrentlyworkingwith herteamtoturnCrystalLinkTechnologyintotheworld’s leadingverticalindustrysupplychainoperationplatform. Hermottoisthis,“Adheretothecorevaluesandlong-term goalsofthecompany;alwaysmaintainahumble,savvy andinnovativenature.”

An Essential Guide to Know About Battery Technology and Its Innovative Advancements

Batterytechnologyrevolutionizedmodernlife,

offeringportableenergyforgadgets, electronics,electriccars,andrenewableenergy storage.Advancementsincapacity,efficiency,andsafety havebeensignificant,drivenbyongoingbreakthroughs. Keygoalsarestrengtheningenergydensity,extending batterylife,andenhancingsafety Thisprogressenables eco-friendlysolutions,reducingfossilfueldependence andmitigatingclimatechangeimpacts.Thequestfor morepowerfulstoragecontinues,fromlithium-ionto solid-state,shapingasustainablefuture.

BatteryIndustryataGlance

Theglobalbatteryindustryisexperiencingrapidgrowth, projectedtobevaluedat$424billionby2030.This expansionispropelledbyfactorssuchasthesurging demandforelectricvehicles(EVs),thegrowthofthe renewableenergysector,andtheneedforenergystorage solutions.Amongthevarioussegments,lithium-ion batteries,aprominentbatterytechnology,standoutasthe mostextensiveandfastest-growingglobalbatterymarket. TheyfindapplicationsinEVs,laptops,smartphones,and powertools.Significantinternationalbatterymarket segmentsincludelead-acid,nickel-metalhydride,and sodium-ionbatteries.Lead-acidbatteries,widelyusedin cars,trucks,andUPSdevices,coexistwithotherbattery technologies.Nickel-metalhydridebatteriespowersome EVs,hybridvehicles,laptops,andportabledevices. Whilestillindevelopment,sodium-ionbatteries,another emergingbatterytechnology,showpromiseofbeing moreefficientandcost-effectivethanlithium-ion batteries.

Theglobalbatterymarketwillreach$178.3billionin 2023,upfrom$112.1billionin2021,withthelithiumionbatterysegmentaccountingfor57%ofthemarket. Thesurgeindemandforlithium-ionbatteries,akey batterytechnology,ispropelledbytheincreasing adoptionofEVs,withtheglobalEVmarketprojectedto reach12.3millionunitsin2023,upfrom3.2million unitsin2021.Thegrowthoftherenewableenergysector furtherfuelstheneedforbatteries,asglobalsolarand windpowercapacityisanticipatedtoreach2,300GWin 2023,upfrom1,200GWin2021.Developingnew batterytechnologieslikesodium-ionbatteriesalsocreates freshmarketopportunities,whiletherisingdemandfor energystoragesolutionsdrivesoverallmarketgrowth.

BatteryTypesandMarketValuation

Everygadgetinthemarketrunsonaspecificbattery.As batterytechnologykeptevolving,sodidthedevices.Thus, thebatterymarketisdividedintoPrimaryandSecondary Bothtypesareutilizedaccordingtotheircapabilities. Primarybatteriesbelongtofirst-generationbattery technology,whicharestillwidelyusedinseveraldevices withlessenergyneed.Secondarybatteriesaretheupgraded technologyinstalledinheavyormulti-purposedevices. Let'sexplorethemwiththeirmarketvaluationandgrowth predictions.

❖ PrimaryBatteries

Primarybatteries,whicharenon-rechargeableand disposable,playasignificantroleinpowering variousdevices.Alkaline,carbonzinc,andsilver oxidebatteriesarethemostcommonlyused.The primarybatterymarketiswitnessingsubstantial growth,drivenbytheincreasingdemandfor portableelectronicdevices,therisingpopularityof electricvehicles,andthegrowingneedfor batteriesinindustrialapplications.Theglobal primarybatterymarketwasvaluedat$16.4billion in2022andisprojectedtoreach$21.97billionby 2027,withacompoundannualgrowthrate (CAGR)of7.02%.

AsiaPacificleadstheprimarybatterymarket, followedbyNorthAmericaandEurope.Major playersintheindustryincludeEnergizerHoldings, Inc.,PanasonicCorporation,SonyCorporation, JohnsonControlsInternationalPLC,andDuracell International.Somenoteworthystatisticsabout primarybatterieshaveanaverage1-2years lifespan.Alkalinebatteries,themostcommon type,findapplicationsinflashlights,remote controls,andtoys.Carbonzincbatteriesareless expensivebuthavealowerenergydensity comparedtoalkalinebatteries.Ontheotherhand, silveroxidebatteriesofferahigherenergydensity butcomeatahighercost.

❖ SecondaryBatteries

Rechargeablesecondarybatteriesfindwidespread useindeviceslikelaptops,smartphones,and

electricvehicles.Commontypesincludelead-acid batteries,nickel-metalhydridebatteries,andlithium-ion batteries.Thesecondarybatterymarketissubstantialand growing.Itisvaluedat$79.56billionin2022andis projectedtoreach$89.32billionin2023,withaCAGR of12.3%.Furthermore,itisestimatedtoreach$137.69 billionby2027,withaCAGRof11.4%.Themarketis drivenbytheincreasingdemandforportableelectronic devices,therisingpopularityofelectricvehicles,andthe growingneedforbatteriesinindustrialapplications.

AsiaPacificleadsthesecondarybatterymarket, followedbyNorthAmericaandEurope.Key playersintheindustryincludePanasonic Corporation,LGChem,SamsungSDI,BYD, andContemporaryAmperexTechnologyCo., Ltd.Severalstatisticsshedlightonsecondary batteries.Theyhaveanaveragelifespanof around5-10years.Lead-acidbatteriesarethe mostcommontype,whichpowersmany devices,includingcars,trucks,andUPS devices.Nickel-metalhydridebatteriesfind applicationsinsomeEVs,hybridvehicles, laptops,andportabledevices.Lithium-ion batteries,withthehighestenergydensityamong rechargeablebatteries,areusedinlaptops, smartphones,andelectriccars.

ElectrifyingTrendsoftheBatteryIndustry

2023bringsforthseveraltrendsinbatterytechnology. Oneofthemostpromisingemergingtechnologiesis solid-statebatteries.Theyutilizeasolidelectrolyte insteadoflithium-ionbatteries’conventionalliquidor gel.

Advancedlithium-ionbatterieswithimprovedenergy density,safety,andperformancearealsounder development.Theyfindapplicationsinelectricvehicles, energystoragesystems,andconsumerelectronics.The focusliesonutilizingnewmaterialslikesiliconforthe anode,developinginnovativeelectrolytes,andrefining themanufacturingprocess.

Flowbatteriesaregainingattentionastheyemploy liquidelectrolytes,makingthemsuitableforlarge-scale energystorageapplications.Theirnotablefeatures includealonglifespan,highefficiency,andscalability.

Nanotechnologyplaysapivotalroleinbattery technology,facilitatingthedevelopmentofmaterials

withsuperiorproperties.Electronswithhighersurfaceareas canbecreatedbyutilizingnanoparticles,resultingin increasedenergydensity

Asthedemandforbatteriescontinuestorise,battery recyclingisbecomingincreasinglyimportant.Effortsare underwaytodevelopmoreefficientandenvironmentally friendlyrecyclingtechnologies.

Additionaldetails:

● Thedemandforlithium-ionbatteriesisexpected tosurgefrom330GWhin2022to2TWhby 2030,highlightingthegrowingneedforthis batterytechnology.

● Over200companiesareactivelydevelopingsolidstatebatteries,andcommercializationofseveralof thesebatteriesisanticipatedsoon.

● Theapplicationofnanotechnologyinbatteries enablesimprovedproperties,includinghigher energydensityandlongerlifespan.

● Theglobalbatteryrecyclingmarketisprojectedto growfromUSD10billionin2022toUSD25 billionby2030,indicatingtheincreasing significanceofrecyclingefforts.

Thesedataandstatisticsprovideaglimpseintothetrends shapingthebatterytechnologylandscape.Asdemand continuestosoar,furtherinnovationsareexpectedtodrive thefieldforward,leadingtomoreefficient,sustainable,and high-performingbatteries.

FutureofBatteryTechnology

Thefutureofbatterytechnologyholdsimmensepromiseas researchersandinnovatorsexplorenewavenuestoenhance energystorageandrevolutionizehowwepowerourdevices andvehicles.Inrecentyears,significantprogresshasbeen madeindevelopingvariousadvancedbatterytechnologies thatofferimprovedsafety,efficiency,andenergydensity comparedtotraditionallithium-ionbatteries.

● Solid-statebattery

Unlikeconventionallithium-ionbatteriesthatuse liquidelectrolytes,solid-statebatteriesemploy solidelectrolytes.Thisdesignmakesthemsafer andlesspronetooverheating,asignificantconcern

withcurrentbatterytechnology. Additionally,solid-statebatteries havethepotentialforhigherenergy density,enablinglonger-lastingand morepowerfulenergystorage solutions.

● Graphenebattery

Graphene,aone-atomthicklayerofcarbon, possessesremarkable strengthandconductivity Thismakesitanideal materialforbatteryanodes, leadingtofastercharging timesandincreasedenergy storagecapabilities. Graphenebatteriescould beagame-changerfor electricvehiclesand portableelectronics, offeringrapidchargingand longerbatterylife.

● Sodium-ionbattery

Sodium-ionbatteriesare alsogainingattentiondue totheirpotentialcosteffectiveness.Unlike lithium,sodiumis abundantandwidely available,potentially makingsodium-ion batteriesmoreeconomical toproduceonalargescale. Aswetransitiontomore sustainableenergy solutions,sodium-ion batteriescouldbecrucialin meetingenergystorage demands.

● Air-ionbattery

Air-ionbatteriespresent anotherintriguing prospect,usingairasthe electrolyte.Thisunique approachreducesthe

battery’sweightandmakesitmore portableandenvironmentally friendly Althoughair-ionbatteries arestillintheearlydevelopment stages,theyhavethepotentialto offerefficientandlong-lastingpower sourcesforvariousapplications.

● Metal-airbattery

Metal-airbatteriestakeadifferent approachbyutilizingmetalasthe anodeandoxygenasthecathode. Thesebatteriespromisesignificantly higherenergydensity,whichcould leadtoextendeddrivingrangesfor electricvehiclesandlonger durationsbetweenchargesfor portabledevices.

● Aluminum-airbattery

Amongmetal-airbatteries, aluminum-airbatteriesstandoutfor theirhighenergystoragepotential. Usingaluminumastheanodeand harnessingoxygenfromthe surroundingairasthecathode,these batteriescouldstoremuchmore energythantraditionallithium-ion batteries.However,theyarestill undergoingresearchand developmenttoovercome challengesandoptimizetheir performance.

Batterytechnologydrivesadvancementsin variousindustries,transforminghowwe powerdevices,vehicles,andcommunities. Growingdemandforportableelectronics, electricvehicles,andrenewableenergyfuels diversebatterydevelopment.Theevolving technologywilladvanceelectricmobility, renewableenergyintegration,andstorage. Withongoingresearch,collaborations,and investments,batterieswillplayapivotalrole inasustainableworld.Embracingbattery potentialcancontributetoacleanerfuture. Thejourneytoagreenerworldpoweredby innovativebatterieshasjustbegun,and possibilitiesareboundless.

A Self-Committed Entrepreneur Remarkably Tackling The Challenges Of Crisis MOHAMED SAIEED

Theunprecedentedimpactof thepandemichascaused manyhazardsinthe businessscenario.Everybusiness platformwitnessedarapiddigital transformation.Timeslikethis demandcompetentleadershipto helpgetthroughthetoughphase. OnesuchleaderisMohamed Saieed,CEOofPotensiaSystems. Heisnotonlyremarkablytackling thechallengesofthepandemic,but alsodeliveringitsclientswith excellentITsolutions.Mohamedisa self-committedpersonwhohada keeninterestintechnologyfroma veryyoungage.Withyearspassing, hispassiongrewashestarted readingandself-learning,andhe decidedtopursuehispassion.He completedhiseducationin ComputerScienceatSwansea University,andlatertoaddtothe skillsethepursuedanMBA.

Moreover,tokeepupwiththe markettrendsandpredictthem, Mohamedpursuedadiplomain MarketingfromtheAmerican UniversityinCairoandadiplomain

ArtificialIntelligencefromOxford. Hehasadistinctperspectiveforthe entrepreneuriallifeandsays,“When you're your own boss, it's very different from working for someone else—as you'll be working towards your dream and passion. You'll be learning something new every day, and it's not only on the business side but also on the personal side.”Heis theco-founderofseveralcompanies andPotensiaSystemsisoneofthe deareststohisheart.

UniqueBouquetofSolutions

BasedinUAE,PotensiaSystemsis asystemintegratorthatdesignsand deploysindustry-specifictechnology andstreamlinebusinessoperations throughtheportfoliosofsolutions, managedservicesandconsultancy

PotensiaSystemsisableto implementsolutionsgloballyand offersbespokehigh-endtechnology solutionsforcompaniesaroundthe world.Itsintegratedsolutionsfor businessescombinethelatest productswithitsteam'sexpertise

andknow-howtodeliverexcellent outcomesfortheclients.These bouquetsofsolutionsincludeSmart CitiesandDataCentersfor Government,SmartSolutions,and CyberSecurityalongwithELV systems.PotensiaSystemshelps businessestorespondquicklyto theirtechnologyrequirementsand buildthenecessaryITinfrastructure designedtoprotectpeople,property, andinformation.Thishelpsto supportthelong-termgrowthofthe business.

Mohamedunderstandsthatthe companieswillseeasignificant slowdowningrowthduringthis financialyearastheygrapplewith theupheavalwroughtbythe COVID-19pandemic.Inresponseto thechallengesposedbythe pandemic,heshared“We tried to think out-of-the-box to provide unique solutions to our clients.” Mohamedandhisteamare introducinginitiativeslikethe sanitizinggates,thermalcameras, smarthelmets,virtualmeeting rooms,ande-signaturesolutions.

CombatingWiththePandemic

Mohamedstatesthattheteamis PotensiaSystems'greatestasset.He says,“We are all one team one family and that's our key to success—together we will make it happen.”Itisachallengingtimeto serveclients.Despitethechangesin thebusinessscenariotheteamis strivingtoprovidethebestwithina healthyway.Keepinginlinewith thecurrentbusinessscenario

this is the safest course of action during the pandemic, it does inhibit collaborative efforts and opportunities for hands-on training,”saysMohamed.He anticipatesthatsoonenoughthe drawbacksofremoteworkingwill becomeclearerforenterprisesand theywilllookforwaystosmooth disruptionsforemployees.Dueto this,technologieslikeVRwillgain popularity.Companieswillbeseen adoptingtechnologieslikevideo

PotensiaSystemshasupdatedthe workflowsystemsandtheteamhas adaptedtothischanging environmentveryquickly Theteam ismotivatedtobeusableand accessibletotheclientswithoutany interruption.Forthis,theteamhas shapedarobustactionplanandhas implementedspecificprecautionsfor theITOperationsandDevelopment teamstoensurecontinuity

WelfareofEmployeesIsPriority

Mohamedsharesthatworking remotelyisthesafestcourseof actionduringthepandemic.“While

AdoptingtheNewNormalof Industry

Mohamedisoptimisticthatthecrisis willnotbringPotensiaSystems servicestoahalt.Heandhisteam arepreparedtodeliverthebest outcomesandwalksuccessfullyout ofthesetimesofuncertainty Amid crisis,theteamofPotensiaSystems haschangedthelogistics, transportation,supplychain, purchasing,andworkflow.He

MESSAGE FOR THE READERS

“This is a pivotal moment in our history. Like many of you, I am confident we will get through this. When we do, we will look back with pride on how we did so, together. Please take care of yourself and your loved ones.”

conferencingforsmoothworkflow amongsttheemployees.

Abusinesscannotsurvivewithout peopleandtakingcareoftheir welfareistheresponsibilityofthe leader.Mohamedapprehendsthat COVIDhasfaredtohaveadverse mentalandfinancialaffectsand currentlyitisimportanttopay attentiontotheemployeesandhis clients.

Thus,hehasensuredthehighest safetyandhealthstandards.

furthershares,“Technology has helped us to serve our clients either on maintaining their business running and providing solutions that could help in identifying unnormal human temperature and sanitizing solutions.”

Itisassumedthatthepandemicwill leavetheworldwithmanystartling challengesandlifeafterCOVID-19 willnotbethesameasbefore. Mohamedanticipatesthatthe normalnewworldstrategywillbe implemented,andadvicestochange themindsetsandadapttothenew changes.

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