Category — Information Technology
In an interview with MoneyControl over Amazon’s India strategy to counter a possible merger between India’s largest e-commerce company Flipkart, and its rival Snapdeal, Amazon’s India chief Amit Agarwal said, “… no matter what happens, even after 20 years, customers will want great selection, great product and fast delivery. So I am going to keep my focus on that… our strategy 20 years later in India will be the same.”
Moneycontrol says that the Indian e-commerce sector is undergoing a phase of consolidation. Last year, Tiger Global-backed Flipkart acquired fashion e-tailer Jabong and is currently in talks to acquire Snapdeal. Earlier this month, it raised $1.4 billion from eBay Inc, Microsoft and Tencent. As part of the deal, eBay’s India business was merged with Flipkart’s.
Amazon has been able to grow its market share in India significantly since the time it started four years ago. In 2016, it pushed Snapdeal to the third position to become the second-largest e-commerce firm in India. Currently, its business is very close to Flipkart’s.
April 21, 2017 No Comments
Hoping to make India a global export hub, San Jose, CA-based Cisco is working with its global component-making partners to help facilitate this plan. “We are working with the global ecosystem providers to set up shop in India and as they start moving in, costs will be less as we will not have to import the same components that are needed to manufacture the product,” Dinesh Malkani, president of Cisco (India and Saarc) told the Times of India.
Cisco, which files two patents per week in India, has set up six innovation centers in the cities of Bangalore and Jaipur and in the states of Telangana, Andhra Pradesh, and Gujarat to co-innovate with customers, startups, and partners to build new solutions and products.
India is one of Cisco’s best performing countries globally over the past four to five quarters. the company launched its first Made-in India product last month, a router, one of the most popular products in its portfolio globally.
April 19, 2017 No Comments
San Francisco-based Twitter launched a lighter version of its platform — Twitter Lite — in India. The browser-based product which uses 70 percent less data and loads 30 percent faster than the app, will also be available in Indonesia and Philippines soon.
“India is a critical market for us. It is among our top five audience markets and among the fastest growing. Our goal is to make Twitter available to everybody and we believe Twitter Lite will help in that direction,” Twitter managing director, Asia Pacific, Maya Hari told Press Trust of India.
Twitter has partnered with Vodafone to provide a customized timeline of top cricket related tweets via Twitter Lite to the telecom major’s 200 million subscribers throughout the T20 series of the cricket game season, reports Livemint. Cricket is the most popular sport in India.
April 9, 2017 No Comments
Facebook‘s Munish Sheth, regional head APAC, Facebook Connectivity Solutions, said that the company is working with telecom operators to connect rural communities across India through its Express WiFi program.
In an interview with the Economic Times, Sheth said that the telecom industry is going through a volatile price discovery stage which shows that India wants to get online as long connectivity is available at affordable prices, and this is the space that Facebook will focus on.
Express WiFi is a program, he explained, where Facebook is trying to create a scalable and monetizable model to connect millions of Indians, and the company is in an advanced stage of testing new technologies with multiple partners in India. We are investing in fiber and are partnering telecom operators who can create fiber capacity.
Sheth added, “We are trying to harness the E band and V band to do last mile fiber replacement. We are also incubating other technologies like open compute platform to create open source products and make more R&D efforts that hasten speed to market and also create a better cost for all of us to share.”
April 5, 2017 No Comments
Harvard University and India’s Mumbai-based Tata Group are collaborating on a wearable device powered by soft robotics. The device will be akin to a suit or exoskeleton adding more strength to elbow joints and allowing a worker to lift something instead of using a machine for the purpose.
The Group’s CTO Dr. Gopichand Katragadda, said, “The wearable device fits in with our overall concept of the connected worker. We are using sensor technology for safety and other aspects of the job he is performing and hope to be leaders in this space.” The device would alert the wearer if the carbon dioxide or monoxide levels in the room reached a level unsafe for humans.
March 30, 2017 No Comments