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 | 183 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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#Udaariyaan | Tejo Ne Apne Saas Ki Bachai Jaan, Jeeta Fateh Aur Saas Ka Dil
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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
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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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UCIe technology is expected to bring innovations in semiconductor industry | VARINDIA News Hour
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The growing concern on the Semiconductor chip shortages have been aggravated by the pandemic. Manufacturing companies are increasing chip production – but the shortfall won't be resolved immediately. With the rising popularity of chiplets in semiconductors, market leaders in packaging, IP suppliers, foundries, and cloud service providers have joined forces to launch the Universal Chiplet Interconnect Express (UCIe) standard to establish an open ecosystem for future technologies. Industry leaders joining the initiative already include the likes of AMD, Intel, Meta, Microsoft, Google, TSMC, Samsung, Arm, and Qualcomm, whereas Nvidia is notably absent from the grouping, despite exploring a chiplet path for its next-generation GPU designs. The UCIe 1.0 specification is a complete standardized die-to-die interconnect, encompassing a physical layer, protocol stack, software model, and compliance testing, a consortium said. It natively maps PCI Express (PCIe) and Compute Express Link (CXL) protocols. The spec will enable end users to mix and match dies and other chiplet components from multiple sources with different packaging options.
According to Gordon Moore, the number of transistors in an integrated circuit doubles every two years (i.e., Moore's Law). However, maintaining this while using a monolithic design has gradually become more challenging, leading companies like AMD and Intel to use chiplet systems within their products. However, as chiplets become the new norm for CPUs and GPUs, developing an industry-wide standard would greatly help the industry, as manufacturing partners could use components from different ecosystems and still create an SoC with them. Besides the modularity it brings, implementing the new standard across the chip industry would also speed up the development of new
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Demystifying Blockchain Technology | VARINDIA News Hour
Blockchain is an exciting new technology with huge potential to disrupt and improve numerous industries. It has sparked a lot of questions around what it is, how it works, and how it will impact procurement and supply chain. With continued investment and research in blockchain technology, many businesses are beginning to see the benefits that blockchain offers and are considering the adoption of the technology. It is one of the most disruptive technologies in the modern digital economy and is on the verge of impacting many industries. one major challenge that blockchain faces today is scalability. Nonetheless, blockchain can be a revolutionary solution to combat data breaches and protect data privacy. Investment in blockchain has grown exponentially and continues to expand across industries. According to the IDC report, by 2022, spending is expected to soar to $11.7 billion, amounting to a five-year compounded annual growth rate of 73% from 2017 to 2022. Even these statistics may understate blockchain’s eventual impact. According to Christian Catalini (MIT) and Joshua Gans (University of Toronto), blockchain has key features of a General-Purpose Technology (GPT), defined as “technologies that can spur economic growth over the long run and have substantial and pervasive impact on the society across multiple industries, such as steam engine, electricity and internet.”
As business operations and offerings are substantially enabled through various crucial accomplishments and advancements in the IT field, business executives across the globe are equally keen to experiment with and embrace this new and futuristic technology to reap a slew of business benefits. Interestingly, blockchain has the inherent potential and promise to bring forth a bevy of strategically sound implications for various industry verticals. Cryptocurrency is one of the finest and foremost applications of blockchain technology.
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The future of digital is trending towards Metaverse | Technology | VARINDIA News Hour
The #metaversetechnology is poised for rapid growth that will open up opportunities for the marketers and it can be helpful to first think of any shared, virtual space: everything from a chat room to games like Minecraft and Fortnite. While these spaces differ in terms of the richness of the virtual experience – text, audio, video, visual detail, sense of space, actions you can take, etc. – what they share is the opportunity for multiple, if not millions, of people to simultaneously connect within an online environment. The COVID-19 outbreak has brought a positive impact on the metaverse market and is driving the increasing interest in the metaverse concept. People began to work remotely while students shifted to online classes and the need and demand for convenient channels or approaches to make online interaction more realistic emerged. The crisis has speeded the emergence of virtual communities as key lifestyle areas for locked-down users which include gaming landscapes and also increasing adoption of mixed reality. The convergence of 5G, artificial intelligence, and edge cloud processing will soon make it easier to deliver more seamless, enjoyable, and cost-effective AR/VR experiences across a variety of connected devices. Just like the internet, industry insiders are predicting the metaverse will become a necessity for all brands.
Metaverse is making headlines in technology, there’s a boom in metaverse crypto projects, each viewing to shape the future of both metaverse crypto projects and the nature of digital real estate. It’s the Gen Z, or someone with higher digital maturity. While we may make our purchases by making a few clicks, the coming generation will definitely want something which is more engaging and immersive.
The metaverse is indeed a virtual reality, but it’s not quite the same thing as what you’ve seen in science fiction blockbusters.
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Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
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Jaane Anjane Hum Mile | Bharat Ahlawat Talks About His Character In The show
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Bhagya Lakshmi | On Location | Naman Ne Anushka Ko Kiya Blackmail #bhagyalakshmi
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PEG क्या है, इसे PEG क्यों कहा जाता है? | What Is Peg
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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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The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
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If you love homestyle cocktails, reviews of Alcohol, Drink kn
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