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Digital Platforms: Evolution of the marketplace to turbocharge your new business ideas and ventures

Digital platforms, also referred to as Multisided Platforms (MSPs) are technology-enabled business models. In its simplest form, the digital platform business creates value for its participants in two ways.

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Dark Data Analytics … a value opportunity for asset-intensive industries

Dark data is slightly less sinister than it sounds. It is neither the source of fake news propagation nor some rehashed, conspiracy theory catchphrase.

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What are the benefits of Supply Chain Management Solutions?

There’s no denying the fact that now supply chains have become complex than ever before, making a data-driven approach to supply chain management a must. With Data-driven Supply Chain Management Solutions, it becomes easier to monitor the flow of information, services and goods from procurement to manufacturing and delivery to the end consumer. Having said all this, data is not solely responsible factor for a successful supply chain management (SCM) solution, there are many other factors. Here, we will not discuss the factors affecting the SCM, but rather the benefits SCM offers to businesses, such as:

· Better information sharing

Information flow is an integral part of the success of any project; fragmented information across the supply chain results in lost sales opportunities. Integrated software solutions like the SCM solutions allow for the seamless sharing of information and hence contributing towards better decision leading to uninterrupted sales.

· Improved quality control

With SCM solutions, companies don’t just get the control of their direct suppliers but also their suppliers’ suppliers which helps the company in keeping control over the quality.

· Keeping up with the demand

Adapting to the changing market conditions and fulfilling the demands of the customers accordingly, is something that keeps one in the business. With SCM solutions, one gets access to real-time, accurate information and integrated data, which helps in predicting and responding to the current demand of the customers.

While these were just a few benefits of Supply Chain Management Solution, there are many more such. You can only experience the benefits if you implement it in your business and notice the changes.

[kyanite360-blog]

What is Analytics as a Service (AaaS) and how can your business benefit from it?

They say knowledge is power, but at the same time incomplete knowledge is a treacherous foundation from which to develop, or improve. In our digital era, knowledge is increased, by harnessing requisite data and turning it into knowledge that could be used to deliver meaningful outcomes.

[kyanite360-blog]

Advance Analytics Consulting, Digital Operations Platforms

Our portfolio of technology, management, operational and transaction support services are customized solutions to help you overcome specific business and supply chain challenges and become a more resilient business.

[kyanite360-blog]

Networking, collaborations and Two-sided Platform solutions and how your business can benefit

One of the most powerful examples of two-sided market is the Google. Yes! You read that right. World’s most popular search engine, Google adopted the two-sided market strategy by giving away products to the end-user for free, while charging them for advertisement.

[kyanite360-blog]

benefits of Supply Chain Management Solutions