SaaS companies might be the next wave of technology giants | Technology | VARINDIA News Hour
The Indian Software as a Service (SaaS) landscape continues to mature rapidly, with more companies reaching larger scale and driving heightened investor interest. In 2021, more than 35 Indian SaaS companies had $20 Million+ annual recurring revenue - a sevenfold increase over five years -with between 7 and 9 of these companies reaching the $100M annual recurring revenue milestone (versus one to two companies five years ago). India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled 'Shaping India’s SaaS Landscape' by #SaaSBOOMi. Vertical business software has seen 100% year-over-year growth, with several Indian success stories emerging. Growth is primarily driven by an increased number of deals for vertical business software and larger deal sizes for horizontal business software. A report says, software accounts for 20% of the total enterprise spending on technology but has a value creation of nearly 50%.
The #SaaS companies founded in India by the Indian founders, that have the majority of their workforce in India, are serving both domestic and global customers, which is $2.6 billion in size and employs about 40,000 people, is expected to record a 20X revenue jump by 2030. The narrative goes beyond this mammoth opportunity. This ‘20X jump’, which will generate $50-70 billion in revenue, is merely 6 percent of the global SaaS market —reflecting the untapped size of the pie and the huge window of opportunity that lies ahead for the SaaS industry. The Indian SaaS ecosystem will be one of the biggest value creation opportunities that we are going to see in the decade ahead of us. It is touted to grow at a CAGR of 18%. The Indian SaaS landscape is maturing rapidly, with the number of SaaS firms doubling and 60+ SaaS firms .
SaaS companies might be the next wave of technology giants | Technology | VARINDIA News Hour
The Indian Software as a Service (SaaS) landscape continues to mature rapidly, with more companies reaching larger scale and driving heightened investor interest. In 2021, more than 35 Indian SaaS companies had $20 Million+ annual recurring revenue - a sevenfold increase over five years -with between 7 and 9 of these companies reaching the $100M annual recurring revenue milestone (versus one to two companies five years ago). India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled 'Shaping India’s SaaS Landscape' by #SaaSBOOMi. Vertical business software has seen 100% year-over-year growth, with several Indian success stories emerging. Growth is primarily driven by an increased number of deals for vertical business software and larger deal sizes for horizontal business software. A report says, software accounts for 20% of the total enterprise spending on technology but has a value creation of nearly 50%.
The #SaaS companies founded in India by the Indian founders, that have the majority of their workforce in India, are serving both domestic and global customers, which is $2.6 billion in size and employs about 40,000 people, is expected to record a 20X revenue jump by 2030. The narrative goes beyond this mammoth opportunity. This ‘20X jump’, which will generate $50-70 billion in revenue, is merely 6 percent of the global SaaS market —reflecting the untapped size of the pie and the huge window of opportunity that lies ahead for the SaaS industry. The Indian SaaS ecosystem will be one of the biggest value creation opportunities that we are going to see in the decade ahead of us. It is touted to grow at a CAGR of 18%. The Indian SaaS landscape is maturing rapidly, with the number of SaaS firms doubling and 60+ SaaS firms
Technology video | 116 views
The future of work in the technology driven world |A.I. Technology | VARINDIA News Hour
Tech is the most important enabler of remote work, but it hasn’t been without issues. The current “work anywhere” trend ushered in by the COVID-19 pandemic has led to the dismantling and reimagining of many of the characteristics of last century’s workplace. The future of work is being shaped by two powerful forces: The growing adoption of artificial intelligence in the workplace, and the expansion of the workforce to include both on- and off-balance-sheet talent. It’s clear that remote and hybrid work is here to stay. Employee expectations are changing, and we will need to define productivity much more broadly – inclusive of collaboration, learning and wellbeing to drive career advancement for every worker, including frontline and knowledge workers, as well as for new graduates and those who are in the workforce today. All this needs to be done with flexibility in, when, where and how people work.” As the traditional office transitions into a place without borders, business leaders need to be proactive about keeping their talent loyal to their mission, values, and goals while adequately supporting their workforce with the tools they need to stay productive, engaged, and successful. But that’s not all. Employers also have a new burden to contend with in this new working environment: elevating the protection of their assets against bad actors.
According to Gartner, remote workers will make up 32% of all employees worldwide by 2024. Businesses face myriad challenges shifting to this hybrid landscape. Ivanti’s research shows that the remote and hybrid work experience for IT professionals varies across gender lines. More men than women report losing personal connections with co-workers in this digital-first culture. Women, however, have benefitted the most overall from the flexibility that remote work brings. This shift in employee experience cannot be ignored. Em
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Newer opportunities of investment | fintech companies | Digital Payments | VARINDIA News Hour
India is amongst the fastest growing Fintech markets in the world. The Indian Fintech ecosystem sees a wide range of subsegments including Payments, Lending, Wealth Technology (WealthTech), Personal Finance Management, Insurance Technology (InsurTech), Regulation Technology (RegTech) etc. India remains one of the largest markets where the structural enablers to set up and incubate fintech have come together strongly and at an apt time. Combination of steady economic growth with low penetration of financial services and availability of supporting infrastructure such as internet data access, smartphones along with utility infrastructure including Aadhaar based authentication and India Stack capabilities are likely to provide the required impetus to India's FinTech sector. The FinTech market has continued to help expand access to financial services during the pandemic, especially, the emerging market has seen strong growth in all types of digital financial services. The digital payments landscape has also grown rapidly over the last decade. India has globally positioned itself as a benchmark in digital payments owing to its resilient payment infrastructure, market practices and proliferation of digital payments across various segments which include both retail and merchants.
Fintech has helped reduce the cost of providing services, making it reachable to more people while reducing the need for face-to-face interactions, which is highly essential for keeping the economic activity during the pandemic going. As the pandemic situation is getting better, many fintechs are under stress on a number of fronts. But, as the broader economy shifts from “respond” to “recover”, new opportunities may be created for some fintechs. A key question is how fintechs may leverage their unique assets and skills to seize new opportunities in the future. It could be an opportun
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The Reason behind Google to acquire Mandiant | Technology | VARINDIA News Hour
Tech is the most important enabler of remote work. Cloud services are increasingly ubiquitous. An attack on a service can impact businesses globally. Google’s acquisition is a sign of how important cybersecurity is today. There were millions of new positions that have been created and filled since February 2020, meaning that IT Departments will be inundated with thousands of new devices coming onto their networks for the first time. Many employees will have onboarded remotely, others will have allowed family members to use their devices, and more will have undoubtedly accessed vulnerable public networks. As a result, the risk of overprivileged devices accessing corporate resources will be huge in the coming weeks. If phones and laptops are brought into the office without a thorough security check, any malware on them could erupt into the entire network. It may also be the first time that many organizations have had the chance to properly manage and audit devices of those who have left employment during the past year. There is a need for A zero trust security framework, clearly offers the most efficient and cost-effective way to secure the Everywhere Workplace. Mandiant provides a SaaS security platform called Mandiant Advantage. Because it is SaaS it can be deployed rapidly as well as complement existing security protocols and processes and according to Gartner, hybrid workplaces are here to stay, and remote workers will make up 32% of all employees worldwide by 2024. Businesses face myriad challenges shifting to this hybrid landscape.
Cybersecurity fundamentals have become even more important due to constant attacks via ransomware, malware and a host of other threat vectors, hence creating a global security imperative. The cloud represents a new way to change the security paradigm by helping organizations address and protect themselves against entire classes of cyber th
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Technology is changing Education landscape | Education system | VARINDIA News Hour
The Covid-19 epidemic has irreversibly altered the dynamics of almost every element of life on the planet. During the lockdowns and epidemic, technology has proven to be a lifesaver by allowing people to learn and work remotely. Technology-based learning has improved and augmented traditional classroom pedagogy while also transforming online learning. As we all know, classrooms are no longer the same as they were a decade ago. Technology has helped to tackle some of the main challenges faced by the education sector, including reducing teacher workload, increasing efficiency, improving accessibility and inclusion, supporting excellent teaching and improving student outcomes. The use of whiteboards as a substitute for chalkboards in new age classrooms is a common example of this shift. Although the pros and cons of technology in education is debatable, it is undeniable that learning has been made personalised and interactive. Now as we move forward, technology will be changing the landscape of education by making it Artificial Intelligence Driven in the future. Online learning has created a level playing field irrespective of location and delivery channels. Educational technology or EdTech is expected to play a vital role in the Indian education system and grow at a compounded annual growth rate of approximately 30% to reach a market size of $10.4 billion by 2025. This growth is being driven by learning and educational applications that focus on alternative channels of content delivery for K-12, higher education, testing and reskilling. A software as a service (SaaS) based business model has enabled high return on investment for EdTech players, thereby attracting investors to this sector.
As per the survey of PWC, The Indian education system has been widely recognised for its intense focus on academics and continuous pursuit to drive students towards a successful journ
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Adoption of new ear technology and risks are like the two sides of a coin | VARINDIA News Hour
With the Digital revolution around all businesses, small or large, corporates, organizations and even governments are relying on computerized systems to manage their day-to-day activities and thus making cybersecurity a primary goal to safeguard data from various online attacks or any unauthorized access. Continuous change in technologies also implies a parallel shift in cybersecurity trends as news of data breach, ransomware and hacks become the norms. Cybersecurity fundamentals have become even more important due to constant attacks via ransomware, malware and a host of other threat vectors. Bad actors are taking advantage of the remote workforce’s blind spots, and as attacks become more sophisticated, stakes are high for businesses and users. In the future of work, businesses will need to manage, automate and prioritize their cybersecurity efforts to effectively navigate the risks. The threat landscape is ever-changing, and companies need to see their cybersecurity strategy as a journey rather than a destination. Now the industry is much scouted about Artificial intelligence being introduced in all market segments and this technology with a combination of machine learning has brought tremendous changes in cybersecurity. AI has been paramount in building automated security systems, natural language processing, face detection, and automatic threat detection. Although, it is also being used to develop smart malware and attacks to bypass the latest security protocols in controlling data. AI enabled threat detection systems can predict new attacks and notify admins for any data breach instantly.
With more and more organizations now established on clouds, security measures need to be continuously monitored and updated to safeguard the data from leaks. Although cloud applications such as Google or Microsoft are well equipped with security from their end, stil
Technology video | 161 views
NVMe to revolutionise new storage practices | Technology | VARINDIA News Hour
As businesses contend with the perpetual growth of data, they need to rethink how data is captured, preserved, accessed and transformed. NVMe is having a great impact on businesses and what they can do with data, particularly Fast Data for real-time analytics and emerging technologies. NVMe is more than faster flash storage – it’s also an end-to-end standard that enables vastly more efficient transport of data between storage systems and servers. NVMe is commonly used for solid-state storage, main memory, cache memory or backup memory. It provides an alternative to the Small Computer System Interface (SCSI) standard and the Advanced Technology Attachment (ATA) standard for connecting and transmitting data between a host system and a target storage device. NVMe was designed for use with faster media. Architecturally, the logic for NVMe is physically stored within and executed by the NVMe controller chip that is physically co-located with the storage media, usually an SSD. NVMe technology has found its way into consumer-grade products as well in the form of external hard drives and plug-and-play memory for CPUs. Through wider adoption and economies of scale, NVMe is expected to eventually become the most cost-effective option for memory. The protocol provides a high-bandwidth and low-latency framework to the storage protocol, but with flash-specific improvements.
NVMe supports a large number of deep queues and commands per queue. It enables parallelism in multiple cores of the system while supporting the Non-Uniform Memory Architecture (NUMA). Lockless command submission and completion provides much better latency and bypasses all SCSI layers. Hyperscale data centers are the early adopters of non-volatile memory express flash, as vendors lay out plans to further flash devices and NVMe fabrics in coming years. NVMe provides Controller Memory Buffer features that allow a host
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A connected workforce is the key to manufacturing success| Digital | Technology | VARINDIA News Hour
#VARINDIA_News_Hour #VARINDIA #Breaking_News
The manufacturing skills gap is projected to leave more than 2 million jobs unfilled by 2030, costing the US economy as much as $1 trillion, according to a report by Deloitte and The Manufacturing Institute. Experts predicted that with the coming of the Fourth Industrial Revolution, automation and advanced technologies would rapidly displace factory jobs and workers world-wide. When COVID-19 hit, about 1.4 million people lost manufacturing jobs. Although the industry has hired back many workers, hundreds of thousands of positions remain unfilled. Digital collaboration tools are primed to play a critical role in enabling workers to tap into the collective knowledge of the enterprise, solve problems with experts remotely, and turn internet of things data from the shop floor into lasting value. Secondly, the emerging workforce will need to manage Industrial Internet of Things devices, use analytical tools to inform their decisions, and oversee technologically advanced operations—while keeping the lights on and training the next generation.
Factory workers are an integral part of this journey. After all, better enterprise resource planning systems, manufacturing execution systems, computerized maintenance management systems, robots, conveyors, and machinery still require people to make everything run. We can’t deny the fact that there are several benefits of a connected workforce in manufacturing. According to the Department of Energy, 80% to 90% of downtime is caused by human error. But the concern is how to reduce human error, manufacturers rely on standard operating procedures recorded in paper manuals or orally communicated by employees. But with the current labour shortages, and with the rapid evolution of manufacturing technologies, organizations can’t rely on paper and institutional knowledge.
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PEG क्या है, इसे PEG क्यों कहा जाता है? | What Is Peg
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What is Wheat Beer? | व्हीट बीयर क्या है?
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भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?
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एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
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