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Malaysia Turns the Biotechnology Hub of Asia-Pacific

The ever-increasing scope for development in Biotechnology has made it a hot favorite for nations that are striving to build high income-driven economies. According to reports, the Biotechnology market is expanding at +9.9 percent CAGR and is expected to exceed USD 775 billion by 2024.

The Chinese Biotechnology market alone was valued at USD 29.7 billion in 2017. Due to the leap in the number of chronic diseases, innovative technologies in the sector and increasing demand for bio-agriculture products, the Chinese Biotechnology market is expected to achieve a lucrative growth rate of 10.6 percent CAGR by 2024.

Over the last eight years, Malaysia has been actively involved in strengthening its biotechnology ecosystem. By developing their local industries, they have a created a niche for themselves as a reputable Biotechnology hub of Asia. Malaysia’s robust conducive environment combined with high growth potential provides multiple opportunities for the country’s Biotechnology sector to develop to a fully-fledged state.

Strategic Advantages

The country’s rich biodiversity, cost-competitive skilled labor market, excellent transportation networks ICT infrastructure, strong government support, and public-private sector participation are leveraging the growth of Biotechnology sector there. Moreover, the cost-effective nature of the markets makes the country more inviting to do business.

The adoption of Good Clinical and Good Manufacturing Practices ensure that Malaysia remains competitive as a research, development, and manufacturing destination, drawing more investments into the Biotechnology sector.

Exploring new market territories

New Biotechnology and Life Science companies looking to enter the market or companies looking to expand their market presence and sales reach, relish the Malaysian market due to the unique and developed trade linkages it proffers.

As a signatory member of the Asean’s Free Trade Area (FTA) agreement along with Japan, Korea, China, and New Zealand, Malaysia provides access to a regional market of over 500 million people. Also, the Islamic roots of the country Read More

Src: Apac cio outlook

Blockchain in the Modern Age Education System

Sectors like retail, banking, and healthcare are fast to adopt innovative technologies. However, the education sector is slow in the race when compared to the other areas. The education sector is the best testing ground for emerging technologies. 

Blockchain technology can be the deciding factor on how the future generations are built in terms of skills and awareness.

Full Read: Blockchain in Education

Automation is the Key to Better Patient Care

Automation has become an integral part of daily life and a necessity for carrying out different processes across various industries including healthcare. Automation acts as the silver bullet for health care providers, who often face seemingly inconsistent demands with regard to cost reductions, efficient service to patients, and improved quality of care. 

It’s important for healthcare providers to ensure that their services run smoothly and that they aren’t compromising the patient experience to achieve it, and one way to ensure that is to automate daily processes such as administering non-intravenous medications, data collection, reading radiological scans, and more such complex activities. 

Automation would save time by carrying out repetitive tasks, reduce labor costs, increase precision and reduce errors—making it possible to acquire real-time data thereby enabling to provide improved diagnosis and allowing healthcare professionals to focus on other core processes. 

For instance, appointment reminder systems like JustReminIt and TeleVox automate the process of reminding patients about their appointments. Instead of calling each patient, these systems automatically remind people of their upcoming schedules or remind them of their missed ones; through customized messages

Read More

Enhancing Learning Methodologies with Technology

Technology continually disrupts every area of people’s lives, resulting in constant shifts across all segments of society. The education sector is no exception. Technology is leading a revolution in the way students learn today. It is helping to solve the problems of scale, quality of education, and learning ability of the student. 

Teachers can now reach every student through digital screens, enabling each of them to get the same content. Student engagement is higher as it combines various instructional styles. In addition, each student gets exposed to a world-class education, which is not available in a chalk and talk method.

Digitization of education helps in modifying the learning methods by utilizing digital tools, such as smart-boards, LCD screens, and videos. The shortage of teachers can also be addressed by delivering the information remotely across several locations to the learners through interactive digital media.

More on this: https://goo.gl/46c45N

E-Commerce Trends That Can Level up Your Business Tactics

Every industry witnesses the change in trend and which is kind of necessary to keep the business relevant. Therefore, to establish a plan for the future, one must look back at what they have done with their business. 

What’s trending today may certainly befall the upcoming year; eCommerce business is large and is continuously evolving. Therefore, keep reading to learn about.

Full Read:  E-commerce for Business

The Importance of AI in Automation

In this race for applying AI in unique and attractive ways, an important piece of the AI learning curve is missing—the flashy AI technology used at the front end cannot be fully appreciated without a complex infrastructure that comprises end-to-end process automation. Read More

Deep Learning for Computer Vision with Tensor Flow and Keras ☞ http://go.thegeeknews.net/de8afb0e56

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