It took just 25 years for IT to become pervasive in India. The proliferation of mobile phones, reduction on duties for components, coupled with the Government of India’s Digital India and Make in India policies, have been the main drivers of this growth.
With the government approving Amazon’s proposed $500 million investment in the sector, the floodgates of the food retail sector seem to have been thrown open. Most analysts believe that after e-commerce, the food retail sector will be the next big space which is a low-hanging fruit say some. They expect the sector to see a few new entrants and consolidation to heat up further.
German multinational corporation SAP SE may be best known as an enterprise resource planning (ERP) software firm but senior executives insist that it has successfully moved beyond ERP to providing cloud computing and digital solutions as well.
Sanchit Vir Gogia, Founder & CEO of the Digital Transformation Research and Advisory firm Greyhound Knowledge Group points out that earlier e commerce firms used to depend on reactive analytics like push based email campaigns but over the years the need for personalization has pushed firms to use predictive analytics not just for marketing purposes but also for inventory logistics. “Predictive analytics is going beyond the consumer behaviour patterns. Firms are using cloud and writing algorithms attuned to their company needs for crunch situations like peak sales or holiday season sales.” says Gogia.
As 2016 winds down and we enter holiday mode, it’s time to start thinking of the 2017 work year. Here’s why you need to use your down time to put plans into place to upskill your employees and stay ahead of the pack.
Below are excerpts of a recent Keynote by Sanchit Vir Gogia on the topic: Who Owns Digital Transformation?
In today’s time, while leading with Digital is evident, who owns this transformation still remains a bone of contention. This journey needs to be co-owned by those who will be impacted first – the CXOs. Having said that, the starting point of this journey is an understanding of why this matters to CXOs.
Disruption appears to be the new norm in India, with over 90 per cent of enterprises stating they have experienced disruption, and another 26 per cent unaware of how their industry would look three years down the line, according to a new survey.
Businesses consider digital start-ups a threat, either now or in the future.
Sixty-three per cent of large businesses in India are scrambling to invest in IT infrastructure & digital skills to compete with start-ups who are posing a threat to traditional businesses and 62 per cent are planning to invest over 30 per cent of their 2016 IT budget in transformation projects.
To tap into the country’s digital transformation, Dell Technologies, outcome of the $67 billion Dell-EMC merger, is sharpening its focus on the country.
Businesses believe digital startups pose a threat to their organisation, either now or in the future, while most fear that they may become obsolete because of competition from these startups.
On June 13, 2016 Microsoft announced the agreement to acquire LinkedIn for USD 26.2 billion. Important to note that this is the first big deal under Satya Nadella’s leadership and LinkedIn will continue to operate as an independent company. Albeit this (in theory) will allow more room for innovation, let’s put this announcement in perspective:
The acquisition of LinkedIn by Microsoft will help the duo assist client companies, and even individuals in the personal lives, to organise information and orchestrate their functions better.
Microsoft Corp has agreed to acquire LinkedIn Corp for $26.2 billion in a deal that will combine the world’s biggest software maker with the largest global online network of professionals.
By acquiring LinkedIn, Microsoft is looking at further strengthening its business from corporates in India and social networking play, an area in which it lags behind Facebook. Analysts feel that Microsoft’s Productivity and Business Processes as one of the three segments that could get a shot in the arm with the LinkedIn buy.
“Over the last quarter we have been actively talking to global research and advisory firms in order to further expand our global presence. This is when we met the team at Internet of Style. We found the team experienced and highly focused on making Internet of Style a global benchmark in the fashion-technology insights world,” Gogia said.
“This investment will further our expertise in consumer technology insights – promoted under the banner of Consumer Insights Pivot, a Greyhound Research offering.”
Greyhound Knowledge Group has also announced the appointment of S Sridhar as a member of its advisory board. With 25 years of experience, Sridhar has held leadership positions at companies like Dell, IBM, Intel, and HCL.
In addition, Sanchit Gogia has been appointed as an IT advisor to the board of a $100 million+ organisation in the metals industry.
“Announcing significant investment in a capability centre in Delhi. As a group we are committed to becoming the most trusted brand in global research and advisory across industry verticals,” Gogia added.
Source: Wikinews India
GKG, founded by analyst Sanchit Vir Gogia, had been in talks with other advisory firms for a deal to expand its global presence. The deal will result in the strengthening of its product, ‘Consumer Insights Pivot’.
We found the team experienced and highly focused on making Internet of Style a global benchmark in the fashion-technology insights world,” Gogia said according to this report.
Source: DealStreet Asia
Indian software companies may not be reporting the 25 to 30 per cent growth rates they had witnessed a few years ago – and probably will never again – but they are still making rapid strides on the back of innovation, improved revenue productivity and by investing heavily in technology such as automation and the Internet of Things (IoT).
Federation of Indian Micro and Small & Medium Enterprises (FISME), an apex industry body, and Microsoft have come together to enable more than 10,000 micro, small and medium businesses across the country to adopt information technology and cloud computing. This will help them to connect better with their existing customers and reach out to potential customers across India.
Federation of Indian Micro and Small & Medium Enterprises (FISME), an apex industry body, and Microsoft have come together to enable more than 10,000 Micro, Small and Medium Enterprises across the country to adopt information technology and cloud computing. This will help them to connect better with their existing customers and reach out to potential customers across India.
Vodafone, one of India’s top telecom operators, is now in talks with the software major IBM for the renewal of a $1 billion outsourcing contract that will expire in June next year.
The mobile network operator outsources services like management of application development and the network services in the IT sector. IBM, which is trying to retain the deal, is also planning to sell its data analytics solutions to Vodafone, as published in an Economic Times report, adding that companies like Wipro, TCS, Infosys and Tech Mahindra are also under consideration for the deal.
India is one of the most exciting consumer markets in the world. An expanding middle class population with rising average income and increasing spending power, coupled with rapid urbanization, add to India’s consumption story. Fast-moving consumer goods (FMCG), with a market size of over US$13.1 billion as of 2012, has been identified as the fourth largest sector in India’s economy.
What is the event about?
The CIO Forum:
EMC Forum is a flagship event that covers trends and cloud directions, use cases, and discussions. Connect with peers, learn from experts, and experience demos. EMC Forum is time well spent to interact with colleagues and grow! The 6th edition of EMC Forum in India will throw light on the latest developments in cloud technology and help you learn and understand what is possible for your own organisation.
The eCommerce Conclave:
The eCommerce sector has seen unprecedented growth, largely driven by rapid technology adoption led by the increasing use of smart devices, and improved internet connectivity through broadband, 3G, etc. which led to an increased online consumer base. It is in this light that is conclave is designed to discuss how technology can help drive growth and scalability
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When & Where?
October 15, 2015, Delhi NCR
What is the event about?
As a business owner, your key intent would be to drive long term growth and profitability for your business. To stay ahead of the game, you need solutions and trusted partners, who can help transform your vision into reality.
On September 22, 2015, Microsoft announced the launch of it’s new office, Office 2016. This is a significant announcement post the launch of Windows 10 which has been touted to be the company’s last official Operating System. Over and beyond the ongoing tracking of productivity suites, the Greyhound Research team has also spent time over the past month running pilots across different devices and operating systems. Below is a quick summary of our observations.
“Microsoft has a renewed and sharp focus on Windows environment and how it approaches new versions. One of the critical changes the company has made is to position Windows as a platform and bring to life Windows-as-a-service. To make this change real, the company has put in place is the Windows Insider Program to help gain feedback from millions of actual consumers and enterprises while the product is still in beta stage. This should help reduce bugs and hence the need for multiple patches post release.