Customers utilise the #SaaSPlatform to get fresh insights from enormous amounts of different data, including historical and contemporary data. This technology is appropriate for running algorithms and analysing vast amounts of data to discover meaningful links, entities, and insights. Secondly, consumers in India estimate 60% of their interactions with businesses to take place online.
Additionally, 71% of Indians expect companies to accelerate digital initiatives. As the world quickly moves to a cloud-based environment, there is increased adoption of SaaS in the market. Top Indian companies include ZoHo, Freshworks, PostMan, Uniphore, LeadSquared and are already in the Unicorn club.
Going forward, there are few more SaaS companies who are expected to turn unicorns soon including #CleverTap, FarEye, Kissflow, Loginext and Yellow.ai and others in the race.
SaaS #startups in India have still managed to attract meaningful funding. As per a recent report, SaaS was the second-ranked segment in terms of the number of funding during H1 2022 with more than 90 Indian SaaS startups mopping up $1.76 billion. Indian SaaS startups have traditionally been more capital-efficient than their global counterparts, as per the report of Saas Bhoomi.
As hybrid work environments are the norm now, and B2B buyer preferences have moved to a digital-first approach irrevocably. A major driver of this growth has been the secular trend towards digitalization triggered by the pandemic. SaaS now comprises $600 billion of the $3 trillion global enterprise IT and communications spending market, and is expected to be worth $1.3 trillion by 2030.
Today's Headline in NewsHours
0:00 Intro
2:30 Govt authorises SBI to promote rupee trade with Russia
3:05 Byju’s faces revenue drop with 20 times more loss
3:50 Kapil Kapoor appointed as CredAble’s CTO
4:25 Cisco confirms data stolen in Yanluowang ransomware hit
4:55 Google reportedly c.
Customers utilise the #SaaSPlatform to get fresh insights from enormous amounts of different data, including historical and contemporary data. This technology is appropriate for running algorithms and analysing vast amounts of data to discover meaningful links, entities, and insights. Secondly, consumers in India estimate 60% of their interactions with businesses to take place online.
Additionally, 71% of Indians expect companies to accelerate digital initiatives. As the world quickly moves to a cloud-based environment, there is increased adoption of SaaS in the market. Top Indian companies include ZoHo, Freshworks, PostMan, Uniphore, LeadSquared and are already in the Unicorn club.
Going forward, there are few more SaaS companies who are expected to turn unicorns soon including #CleverTap, FarEye, Kissflow, Loginext and Yellow.ai and others in the race.
SaaS #startups in India have still managed to attract meaningful funding. As per a recent report, SaaS was the second-ranked segment in terms of the number of funding during H1 2022 with more than 90 Indian SaaS startups mopping up $1.76 billion. Indian SaaS startups have traditionally been more capital-efficient than their global counterparts, as per the report of Saas Bhoomi.
As hybrid work environments are the norm now, and B2B buyer preferences have moved to a digital-first approach irrevocably. A major driver of this growth has been the secular trend towards digitalization triggered by the pandemic. SaaS now comprises $600 billion of the $3 trillion global enterprise IT and communications spending market, and is expected to be worth $1.3 trillion by 2030.
Today's Headline in NewsHours
0:00 Intro
2:30 Govt authorises SBI to promote rupee trade with Russia
3:05 Byju’s faces revenue drop with 20 times more loss
3:50 Kapil Kapoor appointed as CredAble’s CTO
4:25 Cisco confirms data stolen in Yanluowang ransomware hit
4:55 Google reportedly c
Technology video | 140 views
#digitallending #fintech Technology video | 151 views
While ‘digital lending’ has been a buzz word in recent times, it has no universally articulated (and understood) definition. The lending can be of any shape including personal loans, two-wheeler loans, four wheeler loans, SME finance and home loans. Further it has expanded to consumer loan applications made digitally. Digital lending presents a large opportunity in the Indian context. Fintech startups have been at the forefront of digital loans. Annual digital disbursements 5 years hence would be nearly 5X that of current levels. It is absolutely true that technology and data will emerge as the new power centers in the organization. It is estimated that the total retail loans which could be disbursed digitally in the next 5 years could be over 1 trillion dollars. A report says, retail credit will play a pivotal role in making it a 5 trillion-dollar economy by backing and boosting the consumption levels.
Given the low penetration of credit in India, lending is an attractive business opportunity. With the help of technology and democratizing the data, several non-financial services companies have entered the lending space over the last few years. New age fintechs, with their lean organization and innovative operating models, will continue to offer agile and cutting edge products that will address current consumer pain points while taking a loan. Secondly, digitization of various databases and records has resulted in a multi-fold increase in data of individuals and corporations being digitally available. However, we can’t say whether the data is getting collected with the consent or without the consent through multiple sources with the pre-designed consent architecture is a certainty and is not too far in the future. Technological advancements will disrupt how consumers research and apply for a loan, as well as the onboarding experience.
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India is all set to accelerate the digital penetration in the country as it is ready to adopt #5G. By the end of 2030 there are expected to be 611.97 million #5Gconnections in India. As the Indian market is primed for the launch of 5G—the next generation of mobile broadband—many industries will see an exponential boost. 5G will also drive the need for larger data storage as we head towards a data economy.
As the app economy has been unlocked by 4G, 5G is poised to unlock higher bandwidth, near real-time responses, the industrial Internet of Things and mission-critical products and applications. Leading to increased economic output and consumer willingness to pay for goods and services, it has the potential to significantly improve productivity, optimize service quality and reduce costs.
Experts say 5G will inevitably increase the data footprint as enterprises start to work on use cases that will be data intensive. To process large volumes of data, data centers, edge devices and cloud infrastructure will play a crucial role. Therefore, inevitably organizations will need to consider moving to a nimble and sustainable architecture for their data centers or cloud infrastructure.
Advanced wireless technologies can play a critical part in a company’s ability to link its equipment and devices that are important to an organization’s ability to fully utilize each technology. However, security risks arising from many unprotected network entry points, as well as a lack of backward compatibility with the existing systems and devices are challenges that must be overcome as sophisticated wireless technologies mature.
Going forward, 5G is set to make an impact almost instantly within the coming five years. For enterprises, it will make the concept of ‘smart factories’ and ‘connected workplaces’ a reality.
Experts say organizations will face a massive influx of data sets which will open the door for new technologies to assist businesses
Technology video | 131 views
India reported to be representing a trillion-dollar digital opportunity around the Internet #shorts
Technology video | 168 views
A discussion on Indian Infrastructure: Realizing the Trillion Dollar Opportunity during the Plenary Session-I on 27 March at the CII National Conference and Annual Session 2014. The panelists include Session Chairman Mr Vinayak Chatterjee, Chairman, CII National Task Force on Infrastructure Projects -- Monitoring & Advocacy and Chairman, Feedback Infra (P) Limited; Dr Rakesh Mohan, Executive Director, International Monetary Fund; Mr Pradeep Kumar Sinha, Secretary, Ministry of Power; Dr Vishwapati Trivedi, Secretary, Ministry of Shipping; Mr Ashok Lavasa, Secretary, Ministry of Civil Aviation and Mr Anil Swarup, Additional Secretary & Chairman, Project Monitoring Group, Cabinet Secretariat.
Watch Indian Infrastructure: Realizing the Trillion Dollar Opportunity With HD Quality
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#IndianSaaSfirms #CJI #Covishield
The growing Indian SaaS firms
The Indian SaaS space has the potential to create $1 trillion in value and nearly five lakh jobs by 2030, as businesses around the world accelerate digitization and automation, A new study says. There are more than a thousand funded startups and 10 unicorns in the country’s SaaS sector, generating as much as $3 billion in annual subscription revenues, according to a report of SaaSBoomi. The report further says, the industry, which currently employs 40,000 workers, could generate annual revenues of as much as $70 billion by 2030 and win as much as 6% of the global market. However, many startups face challenges in accessing capital during their early stages and attracting skilled talent to grow. The industry may need to boost funding at three to four times the current level to reach their potential over the next 10 years.
Despite the challenges, “India has an exciting opportunity to propel itself on to the world stage as a SaaS force to be reckoned with. SaaS and software accounted for $600 billion of the $3 trillion in global enterprise IT and communications spending last year. The industry is growing at an 8% annual rate, twice the pace of the overall IT market. Covid-19 has created a further push toward SaaS, with six Indian SaaS unicorns created during the pandemic. The report highlights, more than 1,000 SaaS companies are operating in India as of now and more than 150 SaaS start-ups have $1 million in ARR (Annual Recurring Revenue), with this the global SaaS market will grow at a pace of 18-20% each year, with more than $500 billion in revenue by 2025.
Today's Headline in NewsHours
0:00 Intro
2:06 Threat to human rights is highest in police stations, says #CJI Ramana
2:41 Better protection with #Covishield - #Covaxin combination, says #ICMR
3:16 #Pegasus is just the tip of the #iceberg
4:02 #GST avoidance by the E-c
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#Udaariyaan | Tejo Ne Apne Saas Ki Bachai Jaan, Jeeta Fateh Aur Saas Ka Dil
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#GeneralBipinRawat #Madhulika #Visa
Digital assets are expected to have tremendous potential
‘Web 3.0′ envisions a decentralised future where users and machines are able to interact with data via smart, digital contracts over peer-to-peer networks, without the need for Big Tech. Digital assets like Bitcoin, Ether, Solana, etc are the fuel of the future financial ecosystem and Web 3.0. According to the report by crypto and digital asset exchange CrossTower in partnership with US-India Strategic Partnership Forum, the digital asset economy’s value to India’s GDP will grow at 43.1% CAGR— from $5.1 billion in 2021 to $261.8 billion over an 11-year period, resulting in a $1.1 trillion contribution to India’s GDP. Digital asset market capitalisation was nearly $1.5 billion in 2013, and stands at about $3 trillion today. As per the reports, most of $1.1 trillion in the total economic growth in the next 11 years can come from ancillary digital asset-related businesses that are yet to be invented. India is poised for growth to become a $5 trillion economy by 2024-25. Digital assets are expected to have tremendous potential in the next 11 years across countries, due to their rapid adoption. They are expected to help India achieve the $5 trillion economy goal.
According to the findings, the adoption rate of digital assets (as reflected by accounts opened on centralised cryptocurrency exchanges) is growing nearly twice as fast as that of the Internet. It took the Internet approximately 7.5 years to go from around 100 million users to one billion users. The same growth at cryptocurrency exchanges will take about four years. From digital art to ticket sales, music, collectables, luxury items and gaming, non-fungible tokens could transform the way people interact day-to-day. While still nascent, NFTs are projected to emerge into a market of $1 trillion or more,” the report mentioned. With the right policies and regulatory framework, Indi
Technology video | 193 views
Analysts reported that the #5G CPE device market alone will reach $177 billion by 2028 and the total number of 5G devices shipped will reach 1.8 billion by 2028. Integration of 5G technologies with IoT systems will be a key 5G device market driver.
A prediction reveals that the combined economic impact of 5G will be more than $1.4 trillion by 2030. The top impacted countries will be the United States, China, Japan, Germany, and the UK.
The US alone will be $525 billion with China representing the second most impacted country at $220 billion. Japan, Germany, and the UK will share $76 billion, $65 billion, and $54 billion respectively. Much of this impact will be directly or indirectly related to the success of the 5G device market.
5G will support many different form factors including handhelds, hotspots, indoor and outdoor customer premises, IoT modules, USM terminals, dongles and adapters, home appliances, and others.
This 5G device market report is broadly segmented by 5G mobility (non-CPE) and 5G CPE devices. It is also segmented by frequency range including low-band, mid-band, and milli-meter wave frequencies.
Today's Headline in NewsHours
0:00 Intro
2:07 #FinanceMinister assures commitment to economic reforms amid global challenges
2:50 HAL-L&T bags Rs 860 crore contract for building 5 PSLV rockets
3:26 Ashneer Grover condemns RBI’s digital guidelines
4:03 #CCI approves PayU’s acquisition of BillDesk
4:35 Liz Truss defeats Rishi Sunak and becomes UK’s next PM
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5G to bring $1.4 tril
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New Delhi: Defence Minister Rajnath Singh at 'Def-Connect' event in Delhi confidently stated that with the talent the country has India can become 10 trillion dollar economy in 10-15 years.
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Canada, America ਤੇ U.K ਨੂੰ ਛੱਡ Germany ਕਿਉਂ ਜਾਣ ਲੱਗੇ ਲੋਕ! ਜਾਣੋ ਪੂਰੀ ਕਹਾਣੀ
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ਸਾਬਕਾ ਯੂਥ ਕਾਂਗਰਸ ਪ੍ਰਧਾਨ Angad Dutta ਖਿਲਾਫ ਸਿਆਸੀ ਦੁਰਵਿਵਹਾਰ ਦੇ ਦੋਸ਼ਾਂ ਦਰਮਿਆਨ CBI ਜਾਂਚ ਦੇ ਹੁਕਮ
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Chum Darang shows her excitement to meet Salman Khan on Bigg Boss 18. #shorts
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Nyra Banerjee on struggles as an actor in the Indian Television Industry #biggboss18 #nyrabanerjee
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