Key trends and opportunities to impact 5G in 2022 | 5G network in India | VARINDIA News Hour

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Key trends and opportunities to impact 5G in 2022 | 5G network in India | VARINDIA News Hour

5G is inevitable and the increased demand from the consumer will drive revenue growth in 2022, with this Network cost could double as operators strive to meet demand for increased capacity and deploy 5G. The 5G roll out in India in 2022, will witness enterprises and network providers seeking use cases to implement 5G in business operations. This will see business use of 5G move out of its nascency and the adoption of advanced features such as Ultra Reliability Low Latency Communications (URLLC) and Massive Machine Type Communicators (mMTC) for faster and better results. The ecosystem will expand to include public cloud providers and new open infrastructure for an Open 5G ecosystem, delivering private 5G networks with more capabilities. 5G is expected to bring in better connectivity, a promise of quicker digital functions, more flexibility and wider reach, enhanced customer experiences, and easier management of data-driven processes. Capitalizing on these opportunities will help organizations improve their productivity and enable them to save and devote the necessary time for operations that are intrinsic to innovation and business success. With 5G, enterprises will also be able to connect with their customers across wider markets with ease and efficiency.

While India's 5G journey is yet to begin, the existing digital ecosystem already offers global vendors and networks huge opportunities to provide technical expertise. We expect to witness the beginning of an accelerated 5G infrastructure deployment serving both urban and rural India by the first half of 2022. This development will boost smartphone penetration and provide a new dimension to India's digital revolution leading to the adoption of advanced technologies such as the Internet of Things, Industrial IoT, edge computing, and robotics across industries like agriculture, e-commerce, healthcar.

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    Key trends and opportunities to impact 5G in 2022 | 5G network in India | VARINDIA News Hour

    Key trends and opportunities to impact 5G in 2022 | 5G network in India | VARINDIA News Hour

    5G is inevitable and the increased demand from the consumer will drive revenue growth in 2022, with this Network cost could double as operators strive to meet demand for increased capacity and deploy 5G. The 5G roll out in India in 2022, will witness enterprises and network providers seeking use cases to implement 5G in business operations. This will see business use of 5G move out of its nascency and the adoption of advanced features such as Ultra Reliability Low Latency Communications (URLLC) and Massive Machine Type Communicators (mMTC) for faster and better results. The ecosystem will expand to include public cloud providers and new open infrastructure for an Open 5G ecosystem, delivering private 5G networks with more capabilities. 5G is expected to bring in better connectivity, a promise of quicker digital functions, more flexibility and wider reach, enhanced customer experiences, and easier management of data-driven processes. Capitalizing on these opportunities will help organizations improve their productivity and enable them to save and devote the necessary time for operations that are intrinsic to innovation and business success. With 5G, enterprises will also be able to connect with their customers across wider markets with ease and efficiency.

    While India's 5G journey is yet to begin, the existing digital ecosystem already offers global vendors and networks huge opportunities to provide technical expertise. We expect to witness the beginning of an accelerated 5G infrastructure deployment serving both urban and rural India by the first half of 2022. This development will boost smartphone penetration and provide a new dimension to India's digital revolution leading to the adoption of advanced technologies such as the Internet of Things, Industrial IoT, edge computing, and robotics across industries like agriculture, e-commerce, healthcar

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    Impact analysis of Union Budget 2022-23 | Economical effect after Covid- 19 | VARINDIA News Hour

    The finance minister presented the #Union_Budget_2022_23 in the midst of the third COVID wave, Omicron. The budget this year focused on building a governance and policy strategy for the next 25-year 'Amrit Kaal' period, while also seeking to continue measures undertaken over the last two years to support the economy affected by COVID-19. Key strategy areas are around a microeconomic welfare outlook to complement the macroeconomic growth outlook, promoting digitalisation and technology to recreate a virtuous capex cycle. We are witnessing a sharp rebound and recovery of the economy which is reflective of our country's strong resilience. This year's budget has underlined the government's focus on long term impetus to growth. While being a balanced budget it emphasizes on capital expenditure while contributing positively to the quality of fiscal policy.

    While Fiscal Prudence and Management is concerned the Fiscal deficit is projected at 6.4% of GDP for 2022-23 BE with intent to reach a fiscal deficit level below 4.5% of GDP by 2025-26, with a fairly steady decline over the period. The fiscal deficit in RE 2021-22 is pegged at 6.9% of GDP. To enhance the Agriculture and Rural Economy, Kisan Drones' will be promoted for crop assessment, digitization of land records, spraying of insecticides and nutrients and the scheme under PPP mode to be launched for delivery of digital and hi-tech services to farmers. For Digital Outlay, One class-one TV channel' programme of PM eVIDYA will be expanded from 12 to 200 TV channels and there will be establishment of Digital University. It has been Proposed to introduce Digital Currency by RBI using blockchain technology, starting 2022-23 and there will be 75 digital banks in 75 districts which will be set up by scheduled commercial banks to encourage digital payments and Finally the Tax P

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    We’re living in an information age where data is the new currency. As the world explores new digital frontiers, the importance of data security is growing exponentially. Once a company crosses the $1 Billion mark, it becomes part of a rare and exclusive club: The Unicorn Club. “Anytime, anywhere” has become the mantra of today’s enterprise workforce. The exponential growth of the Internet interconnections has led to a significant growth of cyberattack incidents often with disastrous and grievous consequences. Employees in remote and home offices and on the road stay productive using applications in the cloud, collaboration tools, and personal devices tied into their corporate network. But as IT stretches to reach a far-flung workforce, it is exposed to more risks. Many organizations have implemented enhanced security across their networks to help protect data. But even with stepped-up measures, there are some simple ways you and your staff can help safeguard your IT environment. The development of more innovative and effective malware defense mechanisms has been regarded as an urgent requirement in the cybersecurity community. The main challenge is how to keep the software and systems updated with the latest patches and limit their vulnerability to cyberattacks. Use the security features that come with your apps supplements other security measures you have in place. Strong passwords are one of the first lines of defense against breaches and changing them occasionally may help keep hackers out.

    Digital transformation is helping to make the world a better place, but cyberattacks are an unfortunate part of this reality. These days, the success of any modern business, large or small, depends on the effectiveness of the data security systems it has in place. A survey outlines, there are 46 companies in the Cyber Security industry that have achieved a valua

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    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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    We live in a world that’s becoming more digitally dependent. Right from our social interactions to professional interchanges and financial transactions, most take place digitally. While digital resources are enabling, they also leave us vulnerable to cyber criminals as a lot of information regarding our personal and professional lives rests in the digital domain. Cyber insurance or cyber security insurance provides coverage from activities such as identity theft, unauthorized transactions, and more with rapidly increasing digitalisation, cyber risks and loss scenarios keep changing quickly. For all risk owners this makes it even more important to learn from past incidents and identify upcoming cybersecurity trends, threats and vulnerabilities. Cyber insurers have already proven that they can be part of the solution when it comes to building up resiliency and preparedness across all industries. The total global economic damage of cybercrime is a controversial issue. Cybersecurity Ventures estimates global economic cybercrime costs to grow by 15% per year over the next five years, reaching $10.5 trillion annually by 2025. In 2021, the number is expected to be $6 trillion up from $3 trillion in 2015. This is no surprise as the cybercriminal world is advancing at a fast pace.

    Having cyber insurance is a good idea if the costs make sense — it could be the difference between going out of business and staying afloat. Even if you can afford and qualify for coverage, you should know that cybercriminals like to attack companies with cyber insurance. According to a recent survey, these organizations are over two times more likely to pay ransoms than those without it. Hackers even find out the value of potential victims' coverage by breaking into the insurance companies first so they can demand the highest possible ransom. Once they've extorted organizations with cyber insurance, the

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    The ‘do anything from anywhere’ economy requires a highly complex IT system, capable of managing the exponential data that it generates. Emerging technologies like Edge computing, 5G, artificial intelligence and machine learning are accelerating both the discovery of insights from data and the digitization of key business processes. In the modern era of Edge Computing, compute platforms at the Edge will provide lightweight designs that can be successfully deployed despite spatial, environmental, power, and connectivity constraints. Currently, Edge computing integrating AI, IoT, and 5G, is expected to fetch added value to business outcomes. Harnessing the value of data with edge computing will not only lower workloads but optimize networks and services to deliver flexible offerings to customers. The dependence on internet-connected devices will increase, helping companies to excel in this competitive environment. These designs can be secured and can support applications that require insights in real time, enabling businesses to provide enhanced experiences to their customers. 5G implementation is also playing a vital role in edge data center investments in India, and in 2022 we expect to see consumption-based models, edge computing, and multi-cloud environments flourish. As IT infrastructure becomes more distributed, Dell’s focus will remain on simplifying and modernizing, while reducing infrastructure costs.

    As digital transformation continues across industries, modern data management is set to change. Most of the world’s data is expected to move out of the public cloud environment where non-real-time, centralized data is being managed. We anticipate that the entire data management ecosystem will develop and utilize edge IT capacity at the ingress and egress of their data pipelines, and remotely process and digest data on the edge. As the data management ecosystem extends to the edge, the number of edge workloads will continue to grow dramatically, and dat

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  • Watch A connected workforce is the key to manufacturing success| Digital | Technology | VARINDIA News Hour Video
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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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  • Watch India End-User Spending on Security and Risk Management | 9.4% Growth in 2022 | VARINDIA News Hour Video
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    Work-From-Anywhere Culture, Hybrid and Virtual-First Workplaces is going to Drive Spending on Cloud Security and Integrated Risk Management, with this the End-user spending on security and risk management in India is forecast to total $2.6 billion in 2022, an increase of 9.4% from 2021, as per Gartner. Hybrid or remote working is the new normal in 2022. Some organizations have even shifted to a virtual-first approach following the learnings from 2020. This model of working puts the spotlight on cloud, endpoint and identity security as employees become the ‘branch of one’ for an organization. Gartner research shows that there is a significant shortage of skilled cybersecurity professionals. Therefore, end-user organizations in India often engage with security service providers to meet their cybersecurity objectives. As a result, spending on security services is forecast to total $1 billion in 2022, the highest among all segments. This will be followed by spending on network security equipment and infrastructure protection.

    COVID-19 was a pivotal moment in the way organizations approached risk or prepared for disruptions. Now, security leaders are putting risk management at the center of their security and business strategies. Cybersecurity will continue to be top priority for Indian CIOs in 2022 and out of the total CIOs in India surveyed, 64% said they will increase their spending on technologies related to cyber and information security in 2022, higher than the global average of 57%. Indian leaders responsible for security and risk management need to adopt an assumed breach mindset because security incidents are inevitable in the current era,” said Gartner. They should prioritize spending on building detection and response capabilities, and not just technologies. This will help them reduce time to detect and time to recover from incidents. In 2022, I

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