When we started this company sixteen years ago, we knew the challenges of this cutthroat industry. We understood how important it is for us to remain determined to help clients harness the power of digital technologies. Our clients’ success matters more than anything else, but we also don’t shy away from celebrating our wins.

This is such an overwhelming achievement for us. Over the years, we’ve worked hard to gain the confidence of our clients through our strong digital focus. Starting with less than 20 teammates, our company has rapidly grown into what it is today, thanks to the opportunities introduced to us by our partners.

Having worked with some of the biggest names in their industries, our team has shown what it takes to deliver impactful results. Their efforts have helped us gain recognition from multiple industry professionals and award-giving institutions such as The Manifest.

The Manifest is a business resource platform designed to help users learn more about the IT, marketing, and business services industries. The website focuses on publishing insightful content, market surveys, how-to guides, and data-driven agency rankings.

Based on their latest research, Black Rock IT Solutions ranks among India’s top 15 Data and Analytics services providers. The Manifest highlighted our company for the solutions delivered, value creation for the customer, and results delivered from harnessing data science solutions.

Our D&A practice has specialists skilled in Data Management, Visual Analytics, and Artificial Intelligence with deep expertise in industry-leading technology platforms such as Microsoft, AWS, Tableau, Snowflake, Informatica, etc.

“We are extremely proud that we now have the skills and experience to work both with customers who are just starting their data journey and need help in defining a strategy and taking baby steps, as well as working with the more mature organizations who have their own data lakes and are looking for more ways to make the most of their data investments,” says Siraj Alimohamed, who heads the D&A practice.

We are grateful to our clients for their unwavering support for our company – this award reflects our commitment to them.

Do you need help with your Big Data efforts? Are you looking for a reliable digital transformation service provider who’s clued in to the latest emerging technologies? Then we’re the right team for you! Send us a message at sales@blackrockdxb.com to schedule a free consultation. Let’s talk about how we can work together.

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Like many other industries, supply chains, which are the backbone of national economies, also had to change their strategies to stay efficient and meet the new market requirements. As a result, they have embraced digital solutions to cope with our current times’ uncertainties, challenges, and restrictions.  

The supply chain ecosystem became all the more critical once the vaccines for COVID-19 were developed – it was the need of the hour to get the vaccines to the public quickly and in the right quantities.    

Challenges and roadblocks in the COVID-19 vaccine supply chain    

The biggest problem in any supply chain management is matching demand & supply efficiently.  

Supply chain management companies are currently facing issues due to the disparity in demand and supply for COVID-19 vaccines from region to region. In addition, the lack of raw material and human resources has caused delays in the supply of COVID-19 vaccines.  

Inequalities regarding vaccine distribution have become a global problem, as well. For example, reports show that financially stable countries are getting vaccinated 30 times more than those with lower incomes.   

Vaccine management issues such as storage capacity, handling management, effective distribution between supply chain levels, and shipment procedure are also of rising concern as two doses are required for most vaccines.    

Security issues such as theft and mishandling are other grave concerns, especially considering the demand for COVID-19 vaccines is higher than the supply. Time delay and lack of visibility into supply are also issues researchers have noted.   

Digital solutions reshaping Supply Chain Management  

Digital solutions have played a crucial role in helping retailers, suppliers, and distributors drive the transformational changes required to address the challenges posed. Therefore, the accelerated adoption of these solutions in supply chain models is essential not only for the present but also for the future.  

Here are some of the ways digital solutions have made an impact on supply chain ecosystems:   

Machine Learning: 

Shifting supply chain dynamics, changing ways of working, and increasingly volatile demand has been a concern for suppliers, distributors, manufacturers, and retailers globally when it came to an efficient distribution of Covid-19 vaccines.  

McKinsey predicts that machine learning’s most significant contributions will be providing supply chain operators with significant prescriptive insights into how supply chain performance can be improved by anticipating anomalies in logistics costs and performances before they occur. In addition, machine learning models and techniques can ensure streamlined production planning, inventory management, and anomaly detection and can offer an exceptional customer experience.  

Artificial Intelligence: 

AI-based tools can help understand which geographic regions to target for vaccine supply to flatten the curve of the pandemic sooner, provide insights in customizing the supply chain management system to ensure maximum vaccination in the least amount of time, and ensure the processes are being followed as designed.  

Artificial intelligence tools can also be leveraged for capacity planning, predicting the demand for raw materials, work-in-progress components, and post-vaccination surveillance. With AI, supply chain management companies can improve responsiveness to vaccine demand, minimize risk, and increase visibility & transparency across the supply chain.  

Data Analytics: 

The race to vaccinate the global population is a daunting task and needs data-driven strategies and action plans to optimize the supply chain. Data analytics tools capture inventory, demand, capacity, and other related data across the distribution chain, to create a strong distribution strategy to help supply chain management companies handle the fluctuating demand and supply.  

Data analytics tools like predictive analytics have also helped distribution companies predict vaccine demand in any geography and streamline production and distribution accordingly. In addition, using advanced data analytics technologies, governments can identify and create priority populations in different geographic locations and formulate a vaccination policy that maximizes vaccination rates and minimizes wasted dosages.  

IoT: 

IoT sensors are used to keep track of the temperature in storage facilities and vehicles during transportation. Armed with real-time alerts, IoT solutions let stakeholders be aware of any system failures & let them monitor and optimize the vehicle routes. IoT systems can also track vaccine stocks in financially stable countries to ensure a smoother redistribution of any surplus vaccines to developing countries across the globe.  

Blockchain: 

Blockchain-based solutions have been recognized as the backbone in developing a reliable and transparent supply chain management system to manage COVID-19 vaccine rollouts.  

With its unique capabilities, Blockchain technology can help supply chain companies to track the transportation and storage of vaccine batches in real-time, verify vaccines’ provenance and authenticity, quick detection and identification of faulty products, and identifying and blocking counterfeit vaccines from entering the supply chain. Blockchain-based solutions ensure accurate traceability, enhanced security, and greater transparency in vaccine distribution. 

In Conclusion   
COVID-19 has revealed the fragility of existing supply chain management systems and has proved the potential of digital solutions to cope with unprecedented disruption effectively and efficiently. Advancements in digital technologies such as machine learning, the internet of things (IoT), blockchain, artificial intelligence (AI), and data analytics will pave the way for agile, reliable, and efficient supply chain management systems capable of handling dynamic supply and demand.  

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In this article, we are looking back at some of the key changes the pandemic brought to the world of technology – here are the digital trends that shaped 2020. 

Automation

Enterprises across industries aggressively leveraged automation to reduce costs, increase performance, and become more productive during 2020. Though automation was on the rise before, this year witnessed widespread adoption of automation by organizations of all sizes and has climbed the ladder from being a low priority concern to a mission-critical area of interest. Organizations that adopted automation before the pandemic have weathered the disruption better than others. They have experienced fewer disruptions to their operational processes, supply chains, workforce productivity, and have continued to ensure an improved customer experience. 

Artificial Intelligence and Machine Learning 

2020 witnessed a staggering adoption of Artificial Intelligence and Machine Learning technologies. These technologies played a crucial role in building a digital ecosystem where humans and machines can collaborate to harness data-driven insights. With growing advancements in the technology spectrum, AI & ML technologies will change the way businesses operate and compete. Organizations must identify and embrace technological advances in the emerging technology spectrum to stay afloat and thrive in the coming years.

Cloud computing

In 2020, cloud computing has become a metaphor for modern computing, and enterprises continued to embrace cloud computing. With COVID-19, most countries enforced stringent lockdowns with stay-at-home policies,  increasing the demand for cloud solutions and services. Enterprises realized the cloud’s potential as a reliable option for ensuring business continuity and embraced it because of its scalability and reach. To ensure maximum efficiency, cost-effectiveness, and to reduce the chances of vendor lock-in, enterprises adopted a hybrid cloud strategy to meet their end-to-end requirements. Enterprises that embrace the cloud intending to improve their flexibility, efficiency, and agility to their existing operations, will have a competitive edge over other industry players. 

Data Analytics

Data is an untapped goldmine in the digital landscape, and business executives across industries are trying to unlock its real potential. Before COVID-19, though enterprises of different types and sizes were aware of data analytics and started adopting the concept, they haven’t integrated it into their daily operations. Enterprises that identified and adopted data analytics well in advance have successfully served customers, hired employees, streamlined demand and supply, and optimized operational processes during this pandemic. In 2020, data analytics has reiterated its position as a crucial factor for thriving and surviving in this digital business ecosystem. 

Conclusion

These trends are likely to continue influencing and disrupting how business models are built and operated. To stay competitive in this ever-changing, fast-paced digital world and to be prepared for the digital disruptions in the coming years, enterprises need a reliable partner to consult and develop the solutions that will keep them future-proof.

At Black Rock IT Solutions, we are committed to ‘future-proof digitally’. We assist enterprises on their journey towards business resilience – we understand the changing patterns in consumer behavior and technology and can help you adapt to changes quickly and efficiently. Drop a mail to info@blackrockdxb.com to know more about how we can help you stay ahead of the ‘wheel of disruption.’

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