Archive for the ‘logistics’ Category
Is clean tech the next bubble?
The past decade saw investors do a tap dance to the tune of Boom and Bust. First there was the dot-com bubble and the slew of other technological breakthroughs that came with it. Then we witnessed the supposedly invincible housing market complete a jaw-dropping boom-bust cycle. The young 21st century even delivered a notable financial bubble, as well as its inevitable bust.
Sidling along in the background were the seedlings of an industry on the verge of taking flight — alternative-energy technology.
Despite a drop in the overall volume of venture-capital deals last year, investments in clean-technology companies totalled US$8.4-billion, up nearly 40% from 2007, says a 2008 report by Cleantech Group, a San Francisco-based trade organization. In the third quarter of 2008 alone, venture capitalists poured US$2.65-billion into clean technology, a quarterly record. In the fourth quarter, they invested US$1.7-billion.
Logistics sector spends little on IT: Study
Although the Indian logistics industry is growing at about 10 per cent, its investment on information technology is not keeping pace.
“The industry as a whole is at a relatively early stage of technology adoption. This is evident from the fact that capital expenditure is completely uncorrelated with (technology) adoption.
Also, there is a clear message for players in the Indian IT industry to develop cost-effective technology products and solutions that are specially targeted at small and medium-sized logistics service providers,” says a study by Kale Consultants, a global solutions provider for airline, logistics and travel industries.
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