Tag: India

Google to invest US$10b in India

Pichai: Investment is reflection of confidence in India

Google will be investing US$10 billion in the Google for India Digitization Fund for the next five to seven years.

Infosys readies Return to Workplace solutions for enterprises

Photo by Macau Photo Agency on UnsplashWith India emerging from a 10-week lockdown due to COVID-19, Infosys has launched Return to Workplace solutions to help enterprises ensure safety and wellness of their employees as they adapt to new ways of working.

Facebook takes 10% stake in India telco Jio Platforms

Facebook is investing US$5.7 billion or a 9.99 percent stake in India’s Jio Platforms. A wholly-owned subsidiary of Reliance Industries, Jio will use the new invesment to pursue new opportunities for businesses of all sizes, especially small merchants, micro-businesses and farmers, and create digital ecosystems that will empower, enrich and uplift the lives of all 1.3 billion Indians.

Ear-worn devices drive India wearables market to record growth

Apple AirPods are hot in India.In a country that is known for loud road traffic, it is not surprising that ear-worn devices are in hot demand. According to IDC, earwear led the wearables market with 443.6 percent growth to 8.5 million units in 2019.

Sleeprate and Garmin aim to help consumers sleep better

Japan, India and Singapore are the top threee most sleep deprived nations in the world, according to a study. Thankfully, help is on its way for those who want to sleep better. Sleep platform Sleeprate is collaborating with Garmin on a mobile self-help sleep assessment and improvement program that aims to help consumers sleep better, track their recovery, and optimise workouts.

Lenovo retains pole position in India PC market in Q3

India’s PC market shipped 3.1 million units, rising 15.8 percent year-on-year in Q3, according to IDC. The key growth driver was the second phase of shipment to the Electronics Corporation of Tamil Nadu (ELCOT) under its ongoing initiative of free distribution of laptops in the state. The coming end of life of Windows 7 in early 2020 also contributed to the growth as corporate and enterprise users accelerated their upgrades to Windows 10.

India’s Stellapps Technologies wins Rabobank’s SustainableAg Asia Challenge

Umesh Parjapat of Stellapps Technologies (second from left) with (from left) Albert Boogard of Rabo Foundation, Diane Boogard of Rabobank Asia and Harjan Kuiper of Rabobank Singapore.Stellapps Technologies put on a stellar presentation to win over the judges and take home the top prize of US$10,000 at Rabobank’s SustainableAg Asia Challenge. Fending off 13 other shortlisted competitors from China, India, Indonesia, and Singapore in a field of 138, it impressed with its SmartMoo internet of things (IoT) platform, which improves yield per animal, traceability and quality of milk in emerging countries.

HCL to acquire US$1.8b of IBM software assets

Vijayakumar: Acquired products have tremendous potential
Vijayakumar: Acquired products have tremendous potential

India software firm HCL Technologies has entered into an agreement to acquire a portfolio of IBM software products for US$1.8 billion. The transaction is expected to close by mid-2019 upon completion of applicable regulatory reviews.

Ecozen impresses at inaugural Rabobank Food Loss Challenge

Prateek Singhal, Co-founder and COO of Ecozen Solutions (fourth from right) with Rabobank executives and the panel of judges

Big data and artificial intelligence (AI) are not usually associated with food and agriculture but five startups have shown that such technologies can play a major role in minimising food loss. Some 1.3 billion tonnes of food are lost worldwide each year.

NVIDIA expands DLI offerings

Booz Allen Hamilton

The need for deep learning skills is increasing as more and more companies and industries hop on the bandwagon. Launch a little more than a year ago, NVIDIA’s Deep Learning Institute (DLI) has already trained tens of thousands of students, developers and data scientists.

And the company is expanding its DLI offerings with:

  • New partnerships: Team up with Booz Allen Hamilton and deeplearning.ai to train thousands of students, developers and government specialists in artificial intelligence (AI).
  • New University Ambassador Program: Instructors worldwide can teach students critical job skills and practical applications of AI at no cost.
  • New courses:  More courses are added to teach domain-specific applications of deep learning for finance, natural language processing, robotics, video analytics, and self-driving cars.

APAC PC market down 5.1% in Q2

PC shipment in the Asia-Pacific region surpassed 21,5 million units, down 5.1 percent in Q2 compared to the same period last year, according to Gartner.

The dip was due to primarily due to market dynamics in India and China. In India, the pent up demand after the demonetisation cooled down after Q1, coupled with the absence of a large tender deal compared to a year ago and higher PC prices, brought about weak market growth. China was hugely impacted by the rise in PC prices due to the component shortage.

Overall, global PC shipment totaled 61.1 million units in Q2, a 4.3 percent decline from the same quarter last year.

China vendors corner India smartphone market

China-based vendors strengthened their grip in the India smartphone market, snaring 51.4 percent share of the smartphone shipment in Q1, according to IDC. They grew 16.9 percent sequentially and an impressive 142.6 percent over the same period last year.

In contrast, share of homegrown vendors dropped to 13.5 percent in the Q1 from 40.5 percent in the same quarter last year.

Overall, 27 million smartphones were shipped in Q1, a  14.8 percent growth over the same period last year. Unlike last year, shipment grew sequentially in the first quarter of 2017 by 4.7 percent recovering from demonetisation impact in Q4.

China phone makers dominate India market in Q4

CanalysWhile Samsung remained at the top, China smartphone makers occupied four of the top five positions to snare the lion’s share in India in Q4, according to Canalys.

Their extremely price-competitive devices pushed out India makers, who have been hit hard by the Indian government’s decision to demonetise the INR500 and INR1,000 (US$7.30 and US$14.65) banknotes.

“Local brands’ target customers typically buy in cash and from independent retailers. With the short-term liquidity crunch caused by demonetisation, these retailers are suffering a slowdown in consumer spending. Local vendors are losing out as retailers look to shift their stock to fast-moving, current devices. In Q4 2015, Micromax, Intex and Lava took second, third and fifth place, accounting for almost 30 percent of the market. One year on and all three vendors have dropped out of the top five, with their collective share falling to around 11 percent,” said Rushabh Doshi, Analyst of Canalys.