The document discusses emerging business opportunities in India over the next few years. It identifies several sectors that are positioned for growth, including big data analytics, cloud computing, social media, organic farming, healthcare, insurance, banking, mobile technologies, entrepreneurship, software development, finance, and retail. Many of these sectors are expected to benefit from rising incomes in India, a skilled workforce, regulatory changes, and incorporation of new technologies. Overall the report argues that both traditional and technology-focused businesses have significant potential in India by adapting to modernization and changing market conditions.
Demographics and socio-economic classes (across gender, rural/urban, income groups)
Type and nature of internet usage (content consumption, service transactions, product transactions, etc.)
Source: Cases study done by Google & its research partner
The Emergence of Open Banking and COVID-19Sam Ghosh
Think about Google if it were only collecting a lot of data but never used or shared that data with anyone. That is how the traditional financial service companies are - they have enormous amounts of data but rarely use that data for any tangible purpose. Dormant data with the financial service providers can be used to not only create new applications but revolutionize credit markets, personal finance, business finance, wealth management, etc. in ways we cannot even totally envisage now.
Open Banking is a practice where banks provide access to consumer data to non-affiliated third parties generally through Application Programming Interfaces or APIs. Open Banking in the coming years is expected to lead a paradigm shift in Banking and Finance.
During the pandemic, the demand side of the equation for Open Banking is rapidly developing with growth in fintech markets and the adoption of digital channels by the consumers.
Both banks and tech companies have immense incentives to grab this opportunity and quickly tap the growth in digital markets and channels.
Concerns about data security, compliance with privacy laws, and regulatory uncertainties are acting as impediments to the growth of Open Banking.
Banks need to act quickly to leverage data to increase their reach and role. Traditional banking is rapidly getting commoditized and banks need to add data-driven value-added services in their portfolio to remain relevant. Value-added services such as personal financial planning, the alternative credit assessment, and real-time payments can not only create new revenue sources for the banks but provide strategic moats in the competitive landscape. Banks can achieve this through strategic partnerships and acquisitions. In-house development is difficult given the cultural shift needed in the banking sector may take time. Apart from that, the IT in the banking sector is generally focussed on regulatory requirements and not data-driven, customer-focused as required for Open Banking initiatives.
Policy uncertainty can severely hamper the growth of Open Banking. Policymakers need to balance caution on security-privacy matters but at the same time clear policy confusion to allow the sector to grow.
As per the Akamai report, “2020 State of the Internet / Security: Financial Services – Hostile Takeover Attempts”, cyber attackers are increasingly targeting API endpoints of financial services.
As per a Gartner report, by 2021, APIs will account for 90% of the attack surface. By 2022, according to Gartner, API abuses will become the most-frequent attack vector.
This is a cause of concern for the Banks contemplating opening up data access using APIs.
Indian Unicorns will continue to strengthen through acquisitions in Mobile, M...ProductNation/iSPIRT
With Mergers and Acquisitions (M&A) totaling $2.27bn since Jan 2011, technology majors as well as large Indian ‘Unicorns’ are likely to continue acquiring Indian Technology product startups to fill technology gaps as well as talent requirements. This was among the key trends to emerge from the Think Next Roundtable Report - 2015 India technology Product M&A Industry Monitor Report released by iSPIRT, India’s software products think tank, technology focused M&A advisory boutique Signal Hill and Microsoft Ventures.
The Future of Internet Content Consumption in India | Zinnov Zinnov
This study is a comprehensive view of the future of Internet content consumption in India, focusing on key aspects like -
a) the current state of Indian mobile ecosystem
b) changing paradigm of content consumption
c) the disruption in content creation and curation
d) the role of ecosystem leverage and collaboration
To get more insights on the trends shaping the content consumption landscape in India, write to us at info@zinnov.com.
Globally internet has changed the way in which businesses were performed traditionally. Developed countries have benefited from implementing e-commerce. But, in case of emerging economies like India the adoption of e-commerce has been very slow due to challenges posed by a number of barriers. In India, though the large corporations have adopted e-commerce and successfully explored the business opportunities, the small and medium enterprises (SMEs) are yet to benefit from adopting e-commerce. This presentation reflects on the barriers that the SMEs face in India in process of adoption of e-commerce. It analyses both the external and internal factors that affect the adoption of e-commerce. In the end recommendations are also mentioned.
The digital revolution has spurred innovation at an unprecedented scale and pace. It has democratized technological opportunities, changed our lives and the world of work, and pushed organizations to remodel themselves. The impact of this ongoing revolution is being felt across geographies and industries, in ways big and small. It is hard to imagine a domain that is isolated from this change.
The MSME (Micro, Small and Medium Enterprises) sector in India is a vital cog in India’s development wheel. Today, 6.3 crore MSMEs employ 11.1 crore people and contribute 28.77% of India’s GDP, in spite of several hurdles that lie in their path. Instamojo understands the travails of the MSME entrepreneur.
Demographics and socio-economic classes (across gender, rural/urban, income groups)
Type and nature of internet usage (content consumption, service transactions, product transactions, etc.)
Source: Cases study done by Google & its research partner
The Emergence of Open Banking and COVID-19Sam Ghosh
Think about Google if it were only collecting a lot of data but never used or shared that data with anyone. That is how the traditional financial service companies are - they have enormous amounts of data but rarely use that data for any tangible purpose. Dormant data with the financial service providers can be used to not only create new applications but revolutionize credit markets, personal finance, business finance, wealth management, etc. in ways we cannot even totally envisage now.
Open Banking is a practice where banks provide access to consumer data to non-affiliated third parties generally through Application Programming Interfaces or APIs. Open Banking in the coming years is expected to lead a paradigm shift in Banking and Finance.
During the pandemic, the demand side of the equation for Open Banking is rapidly developing with growth in fintech markets and the adoption of digital channels by the consumers.
Both banks and tech companies have immense incentives to grab this opportunity and quickly tap the growth in digital markets and channels.
Concerns about data security, compliance with privacy laws, and regulatory uncertainties are acting as impediments to the growth of Open Banking.
Banks need to act quickly to leverage data to increase their reach and role. Traditional banking is rapidly getting commoditized and banks need to add data-driven value-added services in their portfolio to remain relevant. Value-added services such as personal financial planning, the alternative credit assessment, and real-time payments can not only create new revenue sources for the banks but provide strategic moats in the competitive landscape. Banks can achieve this through strategic partnerships and acquisitions. In-house development is difficult given the cultural shift needed in the banking sector may take time. Apart from that, the IT in the banking sector is generally focussed on regulatory requirements and not data-driven, customer-focused as required for Open Banking initiatives.
Policy uncertainty can severely hamper the growth of Open Banking. Policymakers need to balance caution on security-privacy matters but at the same time clear policy confusion to allow the sector to grow.
As per the Akamai report, “2020 State of the Internet / Security: Financial Services – Hostile Takeover Attempts”, cyber attackers are increasingly targeting API endpoints of financial services.
As per a Gartner report, by 2021, APIs will account for 90% of the attack surface. By 2022, according to Gartner, API abuses will become the most-frequent attack vector.
This is a cause of concern for the Banks contemplating opening up data access using APIs.
Indian Unicorns will continue to strengthen through acquisitions in Mobile, M...ProductNation/iSPIRT
With Mergers and Acquisitions (M&A) totaling $2.27bn since Jan 2011, technology majors as well as large Indian ‘Unicorns’ are likely to continue acquiring Indian Technology product startups to fill technology gaps as well as talent requirements. This was among the key trends to emerge from the Think Next Roundtable Report - 2015 India technology Product M&A Industry Monitor Report released by iSPIRT, India’s software products think tank, technology focused M&A advisory boutique Signal Hill and Microsoft Ventures.
The Future of Internet Content Consumption in India | Zinnov Zinnov
This study is a comprehensive view of the future of Internet content consumption in India, focusing on key aspects like -
a) the current state of Indian mobile ecosystem
b) changing paradigm of content consumption
c) the disruption in content creation and curation
d) the role of ecosystem leverage and collaboration
To get more insights on the trends shaping the content consumption landscape in India, write to us at info@zinnov.com.
Globally internet has changed the way in which businesses were performed traditionally. Developed countries have benefited from implementing e-commerce. But, in case of emerging economies like India the adoption of e-commerce has been very slow due to challenges posed by a number of barriers. In India, though the large corporations have adopted e-commerce and successfully explored the business opportunities, the small and medium enterprises (SMEs) are yet to benefit from adopting e-commerce. This presentation reflects on the barriers that the SMEs face in India in process of adoption of e-commerce. It analyses both the external and internal factors that affect the adoption of e-commerce. In the end recommendations are also mentioned.
The digital revolution has spurred innovation at an unprecedented scale and pace. It has democratized technological opportunities, changed our lives and the world of work, and pushed organizations to remodel themselves. The impact of this ongoing revolution is being felt across geographies and industries, in ways big and small. It is hard to imagine a domain that is isolated from this change.
The MSME (Micro, Small and Medium Enterprises) sector in India is a vital cog in India’s development wheel. Today, 6.3 crore MSMEs employ 11.1 crore people and contribute 28.77% of India’s GDP, in spite of several hurdles that lie in their path. Instamojo understands the travails of the MSME entrepreneur.
The SaaS Opportunity and Indian SaaS IndustrySam Ghosh
As per a recent NASSCOM report, India is the birthplace of more than one thousand pure-play SaaS vendors with 150+ companies generating more than US$1 million Annual Recurring Revenue. There are already at least 6 SaaS unicorns. These companies generated ~US$3.5 billion in revenue in FY20.
As per the same report by NASSCOM, the addressable SaaS market by 2025 is expected to be US$400 billion. Indian players are well positions to tap this opportunity with their lower cost structure, competency in online & inside-sales, large workforce proficient in SaaS and mobile application development, and role models such as Zoho, Freshworks, Icertis, Druva, and Postman.
With the growth of work-from-home culture and rapid digitisation, the future of the SaaS sector looks bright especially for companies offering collaboration and security services.
Prospect of rapid digitisation of the Indian MSME sector likely to help Indian SaaS companies grow their domestic revenue base along with the export market on which the SaaS sector is traditionally dependent.
Although many SaaS companies may face short-term challenges due to lower IT spending by corporates. As per a Gartner report, Global IT spending in the year 2020 is expected to be 8% lesser than in 2019. Vertical SaaS companies focused on sectors such as Travel, Hospitality, Restaurants, etc. may face considerable challenges due to the pandemic.
As investor focus changes from “growth at all cost” to sustainability and profitability, SaaS offers business models with a clear path to profitability.
As Zoho’s Sridhar Vembu suggests, the pandemic may cause the SaaS industry consolidation as SaaS businesses driven by venture capital money may face challenges in raising further funds and their customers tighten their wallets.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
COVID-19: 12 Indian industries hit hard by the coronavirus lock-down wave, wi...Oyerohit
12 industries facing disruption amidst the 2020 coronavirus lockdown in India.
COVID-19: Impact on Indian Industry, Issues, and Suggestions. Confederation of Indian Industry (CII) has estimated that India's GDP for FY21 will be between 0.9% and 1.5%.
An outbreak of COVID-19 impacted the whole world and has been felt across industries. The outbreak is declared as a national emergency today.
The COVID-19 pandemic has set foot in India as across the globe and is likely to impact the country's economy across industries and business formats.
Does this pandemic make brands explore new possible ways to business? If you look at the above report closely, you shall find that 'the market is not closed, rather it has just shifted online'.
And if this does not convince you to take your business online, I don't know what will.
Funded by large global investors, the e-tailing market in India is growing exponentially. Going forward, what are the megatrends likely to emerge in this market?
Top Digital Trends Shaping Digital India by NASSCOMDivya Jain
Take a look at some of the best digital trends helping shaping up a digital India in 2018. Insights shared by NASSCOM experts.
https://community.nasscom.in
Singapore’s fintech industry continued its momentum in 2020 on the back of new regulations, fintech initiatives from regulators themselves and the introduction of the city state’s very first digital banks, according to the Singapore Fintech Report 2021 produced by Fintech News Singapore in partnership with Alibaba Cloud.
This report was commissioned by Fintechnews Singapore, created and written by Jocelyn Cheung, from research to layout. For more service like this, please reach me at LinkedIn@jocelyn18 or jocelyncky@gmail.com
M-Commerce is the latest initiative by the mobile
internet technology. The movement of new technology has
become a trend in the market. The brand leaders in the market
always try several initiatives to capture the market as well as new
customers and m-commerce is the new way to the industry to link
with their customers easily. The need of mobile commerce to
businessman is very vital. The role of new technology was moving
very prompt in the market. The role of technology helps the
industry to promote their products for each mobile internet user
customer with the help of mobile applications and software. MCommerce
has an option to the mobile internet users to purchase
or order their products anytime with the help of mobile web. This
paper explores the role of mobile commerce in the new era of
technology. The role of mobile technology has already changed
the nature of customer vastly and e-commerce also provides the
root to m-commerce in its success.
Top data science and AI trends to watch out for in 2021 | AIM & AnalytixLabsSrishti Deoras
The annual data science and AI trends report by Analytics India Magazine aims to highlight the top trends that will define the industry each year. This report, which has been developed in association with AnalytixLabs, covers the trends that will shape the year 2021.
State of the internet of things (IoT) market 2016 editionPrayukth K V
2015 was the year IoT gained legitimacy.
Businesses budged off a “start small think big” mindset.
In 2016, they’re building IoT into future strategies and
business models. Companies across all industries now
have IoT squarely on their radar. The worldwide Internet
of Things market spend will grow from $591.7 billion
in 2014 to $1.3 trillion in 2019 with a compound annual
growth rate of 17%. The installed base of IoT endpoints
will grow from 9.7 billion in 2014 to more than 25.6 billion
in 2019, hitting 30 billion in 20201.
Big AI Trends That Will Revamp Fintech In 2020SnehaDas60
Do you know Fintech space is one of the largest growing industries across the globe? Which technological forces are ruling in these industries? How AI comes into the role here? What will be the AI trends in 2020 here?
Just before the COVID 19 lockdowns started, the Indian FinTech ecosystem toped their Chinese counterparts in fetching funding first time in history.
As the pandemic gripped the economy, the FinTech companies are now at a product launch spree from health insurance to affordable loans for consumers and MSMEs.
Increase digital adoption is causing rapid growth for the sector. For example, as offline channels for financial services got restricted by the lockdowns and fear of infection, InsurTech and Online Brokerages are becoming the primary channel for the distribution of financial products.
But, all is not hunky-dory. The looming recession is expected to take a toll on some sub-sectors. For example, Alternative Lending companies especially involved in Retail Lending may face a tough test for their business models and algorithms used by them as many of them may start to face increased defaults.
Let us look into the details.
India Technology Product M&A Industry Monitor Report - Presented by iSPIRT & ...ProductNation/iSPIRT
The iSPIRT M&A monitor shows that since 2010, there have been 159 M&A transactions involving Indian Technology Product companies, with a total estimated transaction value of $1.78B. Domestic transactions account for the lion share (70%) of the M&A activity by volume. However in value terms, the 48 inbound M&A transactions account for 63% of the estimated M&A transaction value, due to a higher average deal size ($23.3m versus $6.0m).
“In the Silicon Valley, technology M&A exits provide liquidity to all the stakeholders in the eco-system and help enable the next generation of tech startups. For the Indian product startup eco-system to flourish, it is critical to us to drive up the level of Technology Product M&A transactions”, said Sanat Rao, who leads iSPIRT’s M&A Connect Program, an initiative dedicated to facilitating and expediting the cross-border M&A process for Indian software product companies.
The new report, 'Lights, Camera, Action…and the Show Goes On' by Boston Consulting Group (BCG) and Confederation of Indian Industry (CII) seeks to evaluate the impact of the pandemic on M & E Industry and more.
The SaaS Opportunity and Indian SaaS IndustrySam Ghosh
As per a recent NASSCOM report, India is the birthplace of more than one thousand pure-play SaaS vendors with 150+ companies generating more than US$1 million Annual Recurring Revenue. There are already at least 6 SaaS unicorns. These companies generated ~US$3.5 billion in revenue in FY20.
As per the same report by NASSCOM, the addressable SaaS market by 2025 is expected to be US$400 billion. Indian players are well positions to tap this opportunity with their lower cost structure, competency in online & inside-sales, large workforce proficient in SaaS and mobile application development, and role models such as Zoho, Freshworks, Icertis, Druva, and Postman.
With the growth of work-from-home culture and rapid digitisation, the future of the SaaS sector looks bright especially for companies offering collaboration and security services.
Prospect of rapid digitisation of the Indian MSME sector likely to help Indian SaaS companies grow their domestic revenue base along with the export market on which the SaaS sector is traditionally dependent.
Although many SaaS companies may face short-term challenges due to lower IT spending by corporates. As per a Gartner report, Global IT spending in the year 2020 is expected to be 8% lesser than in 2019. Vertical SaaS companies focused on sectors such as Travel, Hospitality, Restaurants, etc. may face considerable challenges due to the pandemic.
As investor focus changes from “growth at all cost” to sustainability and profitability, SaaS offers business models with a clear path to profitability.
As Zoho’s Sridhar Vembu suggests, the pandemic may cause the SaaS industry consolidation as SaaS businesses driven by venture capital money may face challenges in raising further funds and their customers tighten their wallets.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
COVID-19: 12 Indian industries hit hard by the coronavirus lock-down wave, wi...Oyerohit
12 industries facing disruption amidst the 2020 coronavirus lockdown in India.
COVID-19: Impact on Indian Industry, Issues, and Suggestions. Confederation of Indian Industry (CII) has estimated that India's GDP for FY21 will be between 0.9% and 1.5%.
An outbreak of COVID-19 impacted the whole world and has been felt across industries. The outbreak is declared as a national emergency today.
The COVID-19 pandemic has set foot in India as across the globe and is likely to impact the country's economy across industries and business formats.
Does this pandemic make brands explore new possible ways to business? If you look at the above report closely, you shall find that 'the market is not closed, rather it has just shifted online'.
And if this does not convince you to take your business online, I don't know what will.
Funded by large global investors, the e-tailing market in India is growing exponentially. Going forward, what are the megatrends likely to emerge in this market?
Top Digital Trends Shaping Digital India by NASSCOMDivya Jain
Take a look at some of the best digital trends helping shaping up a digital India in 2018. Insights shared by NASSCOM experts.
https://community.nasscom.in
Singapore’s fintech industry continued its momentum in 2020 on the back of new regulations, fintech initiatives from regulators themselves and the introduction of the city state’s very first digital banks, according to the Singapore Fintech Report 2021 produced by Fintech News Singapore in partnership with Alibaba Cloud.
This report was commissioned by Fintechnews Singapore, created and written by Jocelyn Cheung, from research to layout. For more service like this, please reach me at LinkedIn@jocelyn18 or jocelyncky@gmail.com
M-Commerce is the latest initiative by the mobile
internet technology. The movement of new technology has
become a trend in the market. The brand leaders in the market
always try several initiatives to capture the market as well as new
customers and m-commerce is the new way to the industry to link
with their customers easily. The need of mobile commerce to
businessman is very vital. The role of new technology was moving
very prompt in the market. The role of technology helps the
industry to promote their products for each mobile internet user
customer with the help of mobile applications and software. MCommerce
has an option to the mobile internet users to purchase
or order their products anytime with the help of mobile web. This
paper explores the role of mobile commerce in the new era of
technology. The role of mobile technology has already changed
the nature of customer vastly and e-commerce also provides the
root to m-commerce in its success.
Top data science and AI trends to watch out for in 2021 | AIM & AnalytixLabsSrishti Deoras
The annual data science and AI trends report by Analytics India Magazine aims to highlight the top trends that will define the industry each year. This report, which has been developed in association with AnalytixLabs, covers the trends that will shape the year 2021.
State of the internet of things (IoT) market 2016 editionPrayukth K V
2015 was the year IoT gained legitimacy.
Businesses budged off a “start small think big” mindset.
In 2016, they’re building IoT into future strategies and
business models. Companies across all industries now
have IoT squarely on their radar. The worldwide Internet
of Things market spend will grow from $591.7 billion
in 2014 to $1.3 trillion in 2019 with a compound annual
growth rate of 17%. The installed base of IoT endpoints
will grow from 9.7 billion in 2014 to more than 25.6 billion
in 2019, hitting 30 billion in 20201.
Big AI Trends That Will Revamp Fintech In 2020SnehaDas60
Do you know Fintech space is one of the largest growing industries across the globe? Which technological forces are ruling in these industries? How AI comes into the role here? What will be the AI trends in 2020 here?
Just before the COVID 19 lockdowns started, the Indian FinTech ecosystem toped their Chinese counterparts in fetching funding first time in history.
As the pandemic gripped the economy, the FinTech companies are now at a product launch spree from health insurance to affordable loans for consumers and MSMEs.
Increase digital adoption is causing rapid growth for the sector. For example, as offline channels for financial services got restricted by the lockdowns and fear of infection, InsurTech and Online Brokerages are becoming the primary channel for the distribution of financial products.
But, all is not hunky-dory. The looming recession is expected to take a toll on some sub-sectors. For example, Alternative Lending companies especially involved in Retail Lending may face a tough test for their business models and algorithms used by them as many of them may start to face increased defaults.
Let us look into the details.
India Technology Product M&A Industry Monitor Report - Presented by iSPIRT & ...ProductNation/iSPIRT
The iSPIRT M&A monitor shows that since 2010, there have been 159 M&A transactions involving Indian Technology Product companies, with a total estimated transaction value of $1.78B. Domestic transactions account for the lion share (70%) of the M&A activity by volume. However in value terms, the 48 inbound M&A transactions account for 63% of the estimated M&A transaction value, due to a higher average deal size ($23.3m versus $6.0m).
“In the Silicon Valley, technology M&A exits provide liquidity to all the stakeholders in the eco-system and help enable the next generation of tech startups. For the Indian product startup eco-system to flourish, it is critical to us to drive up the level of Technology Product M&A transactions”, said Sanat Rao, who leads iSPIRT’s M&A Connect Program, an initiative dedicated to facilitating and expediting the cross-border M&A process for Indian software product companies.
The new report, 'Lights, Camera, Action…and the Show Goes On' by Boston Consulting Group (BCG) and Confederation of Indian Industry (CII) seeks to evaluate the impact of the pandemic on M & E Industry and more.
SMACology i.e. SMAC Technology is the new buzzword reforming the IT industries as well as the skills of technical aspirants. Learn how.
PDF courtesy: KPMG
The smac-code-embracing-new-technologies-for-future-business (1)Sumit Roy
Social mobile Analytics and Cloud: How SMAC model is changing and disrupting business across industry. SMAC is not only changing the way markets function , but it also is a pointer that technology today is the biggest tool for innovation,however this is a double edged sword as SMAC is a great enabler. Small companies and the giants both have a level playing field
India FinTech report 2019 - Executive summaryMEDICI
India FinTech Report 2019 offers an in-depth look at what makes the Indian FinTech ecosystem vibrant by taking a deeper dive into Government, Regulatory, and Private sector initiatives.
Download the Executive Summary here: https://bit.ly/2ugRke5
Download the main report here: https://bit.ly/2EjGclm
Ground Zero 4.0 | Scaling Up - Event ReportRedSeer
Executive Summary
The report is compiled of all the topics that were discussed at Ground Zero 4.0 and has been
segregated based on RedSeer’s research and panel inputs.
Key Findings:
1. Digital India
2. Retail
3. D2C
4. Education
5. Healthcare
6. Grocery
7. Etailing
COVID-19's BOOST TO e-COM GROWTH IS A TAILWIND FOR MATURED FINTECH PROVIDERS ...Anil
Technology is changing the landscape of the financial sector, increasing access to financial services in profound ways. These changes have been in motion for several years, affecting nearly all countries in the world.
Emerging Technologies: Changing how we live, work and play EY-Mint Emerging ...eraser Juan José Calderón
Emerging Technologies: Changing how we live, work and play
EY-Mint Emerging Technologies Report 2019.
Una gran cantidad de tecnologías emergentes está dando forma a nuestras vidas, posiblemente a un ritmo de cambio nunca antes visto en la historia. Habilitado por el poder de cómputo barato y el acceso a grandes conjuntos de datos, las máquinas ya están haciendo un mejor trabajo que los humanos en varias áreas. Esta "inteligencia" se está alejando de las granjas de servidores centrales hacia dispositivos y cosas que pronto se convertirán en parte de nuestra vida cotidiana. Estos dispositivos potencialmente negociarán su propio camino en nuestro mundo a través de "contratos inteligentes" y sin una intervención humana significativa. La información perceptiva superpuesta sobre estos objetos del mundo real nos ayudará a salir de los dispositivos móviles que han captado nuestra atención en este mundo posterior a Internet. Lo que parece único en este momento actual es la rápida adopción de muchas de estas tecnologías habilitadoras y su potencial para trabajar juntos para cambiar nuestras vidas.
An interview with Manish Choksi Head of Strategy and Chief Information Office...Capgemini
Building a world leader through Digital Transformation
Manish Choksi, Head of Strategy and Chief Information Officer of Asian Paints – the largest paint manufacturer in India – explains how the digital revolution has transformed the company’s operations, and how he views the digital challenges as the company sets out on its ambition to become one of the top five global companies in the sector.
In this presentation, Arpit introduces the topic of SMAC and associated trends. Arpit's interest area lies in Predictive Analytics where he is fascinated by how past data can be used to predict the future.
MEDICI's new India InsurTech Report 2020 explores the InsurTech sector in India. The report delves into what drives transformation in the sector, regulatory initiatives, funding & investment activity, prominent players, and business models.
1. THE MODREN BUSINESS OPPOURTUNITIES FOR NEXT YEARS
INTRODUCTION
The dramatic rise of Indiaas an economicsuperpowerhasbeenone of the mostsignificantresultsof
globalisation.
With rising income levels
A knowledgeable workforce
An open regulatory environment and a consistent GDP growth,
India is positioned to be at the forefront of both supply-side efficiency and new market
opportunities.If lookingforaleadershiprole inthe post-globalisation era, you have to look for new
markets,innovativebusiness models, and identify new sources of efficiency in emerging markets.
The Inside Indiaportfolioof programmesgivesyouaninsider’s perspective to the dynamic markets
of India,itsbusinessenvironment, socio-cultural norms, and emerging opportunities. With a well-
designed action learning project incorporated in each programme, you will apply your learning in
real-time, and thus gain actionable strategic insights about the workings of emerging economies.
The total wealth of India has tripled in a decade of $3.5 trillion and
expectedto double againinnext5years ,these wasfromthe reportby the famous financial analyst
and investmentfirmcalledCreditSuisse.InIndia1.1millionjobswill be created as per the report of
Aon Hewitt a global HR firm
SMART BUSINESS OPPOURTUNITIES IN NEXT GENERATION LEVEL
BIG DATA
Every year, companies and individuals generate billions of gigabytes of data. Data, which properly
analysedandusedintime,canemerge asan unbeatable competitive advantage.Enterprisesneedto
recognise the prospect big data represents and should adapt their IT strategy to capture such
opportunities. Big data can help retailers predict buying decisions of shoppers; it can help banks
weedoutfraudulenttransactions;whilegovernmentscanuse bigdata to provide servicesdirectlyto
their citizens. Hence if we are starting analysis in this field, it could be a better move.
Alsoforthe bigdata analyststhe scope wasunpredictable, since the companies need people those
who are well trained in this field.
2. CLOUD COMPUTING
The undeniable power of cloud computing to foster innovations and improve productivity is now
accepted by both IT vendors and their customers. While the financial services and government
sectors are mostly moving to a private cloud model due to information security concerns, other
industries like healthcare and retail have adopted public cloud. Moreover, their existing
infrastructure has helped telecom players to emerge as providers of cloud computing, leading to
erosion in boundaries between IT and telecom vendors.
SOCIAL MEDIA
A social media strategy has become a must for all enterprises, be it banks, retailers or the
government.Withoverone billionindividualsloggedontovarioussocial networks, people are now
usingsocial mediaforadvice onwhat products to buy,where toshopand evenregardingwhatfirms
theywantto work with.While mostenterprisesuse social mediafortheircustomerservice function,
Only,manyfirmshave nowstartedusingsocial mediafortheircustomerservice functiononly;many
firmshave nowstartedusingsocial mediaintandemwiththeirsalesandmarketingfunctions. Thisin
turn enablesfirmstouse datageneratedbythe customerseffectively to service their larger pool of
customers.
ORGANIC FARMING
Increasing numbers of people care about the quality of the food they eat, wanting it to be both
healthy and safe. Worldwide it’s a $US 59 billion dollar business. The market exporting processed
organic foods, rather than shipping commodities.
HEALTH CARE FIELD
In the health care filed; the people are more health conscious in India, so people will go to more
advanced and super speciality hospitals. Now the day’s people will to hospital not because of the
illness, but for full body check up. So this field was emerging. Also the people are more concern
about aging, so in this sector also the advanced technology will cop up.
INSURENCE FIELD
The Indian insurance companies will make a tremendous development in the next years; the
people of India will take more insurance than the last years.
3. The Indian insurance companies are planning to invest $US 117 in the field of IT product and
services in insurance. Hence the companies are planning for a better customer oriented services
will be given.
BANKING SECTOR
The bankingsectorin Indiaisina goodhike;alsothe reserve bankisnow givingpermissionforsome
newbanks,forthose whoare doingbusinessinthe finance related activities. By 2016 25% of top 50
global bankswill launchbankingapplication for their customers. The new banks will provide better
customerexperience,forthattheywill adaptbettertechnologies.Forthat they will find new CRMS.
It is deployed for
Retail
Commercial
Investment banking
MOBILE, TABLETS AND APPLICATIONS
In the fieldof the electronicsectoralsothe mostadvancedchangeswill come.New typesof mobiles,
tabletsandotherelectronic gadgets will form. Also there should be 4.1 billon new application was
coming. The tablet market business was around $US200 million business. The CRM ( Customer
relationship management) software usage will come to an increase of 13.7 %( $US14.4) billion
ENTREPRENURSHIP
It's often overlooked, but the need for innovators running their own businesses could be more
important than ever in 2020. Forecasters expect strong growth in traditional businesses such as
used-cardealers,hairandnail salons,petgrooming,andoffice services, which means anybody able
to come up withbetter,cheaperwaystoserve customerswill reap a windfall. Technology start-ups
will no doubt keep changing the way consumers work and live. And nobody really knows what the
nextiPod,Twitter,orInterestwillbe—except,perhaps,someentrepreneurwho'sdreaming about it
right now. He or she may have a bigger impact on life in 2020 than anything the forecasters see
coming.
SOFTWARE DEVELOPMENT
Intelligencemattersthe mosttobe in thissector.We are becomingmore dependentoninformation
technologynowadays,thusthe requirementof developersare alsoincreasingsimultaneously. In the
areas like finance andinvesting,high-speedcomputingisincreasinglyaprime competitiveadvantage
4. and thusmost bigcompanieswill be inneedof networksthatare faster,seamless, and secure. Thus
the business in this sector will boom like anything in 2020.
FINANCE
Financial experts will flourish more in coming future with more of money fluidity and continuous
opening of financial markets. The movement and management of money are technically complex
and important for most companies. Thus there will be a high demand for finance experts. Thus
finance industry will grow as a result of reform and regulation as the firms will be forced down to
less risk, less complex paths to make money and expand the non-traditional banking sectors.
RETAIL SECTOR
The retail sectorin Indiawill be flourishedatthe next years; the consumption power of people was
goingto increase,due tothe returnsfromthe investmentor also from jobs. Hence the retail sector
will make a boom in the next years.
CONCLUSION
As we knowthatthe next level of business was in connection with the Information technology and
its factors. The business was not directly making the advancement; the thing is that some
technological terms are changing to the business facts. The big data, cloud computing are all from
the technological field, but they are changing to new business as in the analytical field. Also in the
case of traditional business,they are getting more advanced. If we make changes with the modern
technology,thistraditional businesscanalsocan be betterone inthe future market.Because of that
only both of the fields are explained in the report.