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The New Equation: Innovation + Technology = Profitability

The New Equation: Innovation + Technology = Profitability

The member firms that collaboratively operate within the PwC International Network have come up with The New Equation. The landmark strategy is focused upon two of the most fundamental requirements that organizations and clients are currently struggling with. The first among them is to introduce more urgency to successfully respond and transform based on the major shifts changing our world. This includes the pandemic, climate change, geopolitics, etc. The second is to build trust in fragile situations where trust is difficult to build. In a world that has transformed radically, PwC is the first to lead in this way.

Innovation is the name of the game in digitization, a technology that we have embraced dearly over time. Inroads are being made towards instant sharing of information among nations over secure apps, for any common concerns that prevail.

Digital twin technology withholds a remarkable potential in the new equation, something which is yet to unleash. Policies in agriculture sector may yield similar outcomes in different geographies. This further takes us closer to the concept of global village. Healthcare sector is one of the key beneficiaries from the digital twin technology.

IIOT is an acronym for Industrial Internet of Things. It is a breakthrough technology in which sensors and instruments are networked together with computers’ industrial applications. This induces efficiency in varied processes, including manufacturing and power management.

Additive manufacturing and 3D printing are among the most innovative technologies of the current times. They come across new applications by the day, wherein 3D printing simplifies for more users and the preferred type of items can be printed. Healthcare, manufacturing, automotive, and construction are only a few of the sectors that stand to derive the maximum potential to benefit from innovation in additive manufacturing.  visit our website – www.sudarshancadd.com

Author

  • Dainik Manavadariya

    Experienced Mechanical Design Engineer with a Bachelor's in Mechanical Engineering, offering over 4 years of expertise in Solidworks and blueprint interpretation. Proactive problem solver dedicated to streamlining procedures and delivering innovative design solutions for early-stage firms.

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