May 19, 2020

Why the Startup Alphatise Is Already In Line For the iPhone 6

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Why the Startup Alphatise Is Already In Line For the iPhone 6

Would you line up for 10 days to be the first person in the world to get the new iPhone 6 or iPhone 6 Plus? Salvatore Gerace, Sam Viera, Davor Beric and Christian Ibrahim, employees of the new startup Alphatise have.

Australia will be the first country in the world offering the new phones from Apple on September 19th; these guys started camping out September 10th for the first crack at the new technology. The catch? They don’t get to keep the phones. Instead, Alphatise is giving two away.

Alphatise, an Australian-designed online marketplace that lets you set the price you want to pay for products from your favourite brand, is garnering international attention for their marketing strategy. The platform launched August 5th after receiving $3 million in funding from over 100 investors. Local Australian news has covered their efforts in Sydney, and Mashable’s story has garnered 53.2k shares. The timing of the Apple device launch works perfectly with the launch of their service, giving Alphatise a unique opportunity to attract international attention.

Over 40,000 stores and 10,000,000 million products are available now for users to add to their wish lists. Once a user chooses the amount of money he or she is willing to pay for the item, they wait to see what offers they get back. Often, sellers will get back with a deal to either match or beat the price.

The commerce platform is also, in a way, a social media platform. As a user, you can share offers with your friends, view their wish lists or even take advantage of your friends’ deals.

The marketplace is only available in Australia currently, but I could see it quickly becoming popular enough to spread globally. 

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Jul 17, 2021

Coal India Secures First-Of-Its-Kind Digital Deal

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Coal India Limited has secured a new deal with Accenture Solutions to consult on enhancing mining performance and production through a digital endeavour

Coal India Limited (CIL) has appointed Accenture Solutions to digitally transform seven of its open-cast mines as the company strives to improve performance and increase coal production. Accenture is due to lay down digitalisation groundwork until March 2022.

The deal aims to increase coal production by 100 million tonnes (MT) by the end of FY’23. Once the minimum quantity has been surpassed, an agreed sum will be paid to the consultant for every additional sum of coal produced. This success fee will only be paid on the procurement of the minimum assured quantity. 

The move will see heavy earth moving machinery (HEMM) fitted with digital sensors to monitor performance efficiency at all levels. Additionally, modern data analytic techniques aim to increase mine productivity and project monitoring through functional system management and effective observation. 

An Exciting Venture For Global Mining

CIL, which aims to provide energy security in an environmentally and socially sustainable manner, hopes the move will help transform the entire business of mining operations and ensure higher volumes of coal are acquired at a lower cost. 

“This is a first of its kind initiative by the company utilising digitalisation to ramp up coal output,” CIL has said. 

A Digital Step Towards Enhanced Performance

Digitalisation is expected to take place at open-cast mines in Kusmunda, Gevra, Dipka of Southern Eastern Coalfields (SECL), Migahi, Jayant, Dudhichua, and Khadia of Northern Coalfields (NCL). Nearly 32% (188 MT) of CIL’s 596 MT output in FY’21 was accounted for by the seven selected mines. However, this new deal is set to see a large increase following the subsequent digital changes due to be made.  

“Learning from the outcome and success of this model, we may replicate it in our other large mines,” says CIL, optimistic about the future following the modernisation of their mining. 

It is expected that the move will help address roadblocks and guarantee corrective measures are put into place, ensuring the company is able to move forward with its aim of increasing output whilst remaining sustainable and eco-friendly.

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