Tech in Asia — I was dining alone at a hotel in Bangalore when an Indian stranger came up to me. He asked, “can I join you?” I was surprised by his forwardness. No one does that in Singapore where I come from. This behavior, I later found out, is common in India. After learning about what I do, he peppered me with questions about the tech industry. Returning the favor, I asked him about the brands he uses.
Tech in Asia — Investments in China’s tech companies and startups “soared” in the first half of the year, says a new report (PDF link) this week from PricewaterhouseCoopers. All the funding thrown at Chinese web and tech firms “in H1 2015 were almost the same as the full-year total of 2014.”
SE Asia Mag — The Internet of Things (IoT) is a sub-sector of the higher-level concept of the Internet of Everything (IoE), which connects people, processes, data and things, with the aim of bringing maximum value to the global economy. Technologies that have made IoE a reality include short-range communications, embedded intelligence, cloud computing, next-generation networks, sensor technology, Big Data, and data analytics. The popularity of the Industrial Internet of Things (IIoT) in Asia-Pacific is largely attributable to the informed manufacturing, which leads to a transparent and streamlined manufacturing process.
Internet plays a key role in shaping a new world which is far beyond the imagination of not only normal people, but also those who invented it. Vietnam, since the day it officially connected to the internet on November 19, 1997, has been witnessing a lot of big social changes, both positive and negative.
Straits Times — SINGAPORE: The creation of the Asean Economic Community (AEC) has potentially significant consequences for the Singapore economy, say experts. Asean leaders on Sunday established the AEC, one of whose aims is to promote freer movement of trade and capital in the region. The community will come into effect on Dec 31.
Notwithstanding the economic headwinds which have slowed down the global economy, the revenues of the Indian information technology (IT) and services industry are expected to be around $225 billion by 2020 and $350 billion five years later, the National Association of Software and Services Companies (NASSCOM) said.
The Internet of Things (IoT) is expected to continue its transformative potential across industries in the foreseeable future. This momentum is expected to continue in 2016, with services expected to lead spending in the IoT space. Frost & Sullivan estimates the IoT market to be valued at US$24.2 billion in 2015 and will reach US$79.3 billion in 2020 with a CAGR of 26.8% from 2015 to 2020, with services accounting for nearly three quarters of the market in 2020.
Tech in Asia — The number of internet users in India will reach 402 million next month, nearly 50 percent more than what it was last year, according to a study by the Internet and Mobile Association of India (IAMAI) and IMRB International. With the latest surge, India will overtake the US to have the second-largest internet user base in the world, next only to China. This will be music to the ears of mobile and internet-based businesses targeting the fast-growing digital market in India.
Networks Asia — The growth of IT and digital as well as a steady stream of replacement-based positions continued to drive hiring, particularly for business-critical functions such as legal and compliance and accounting and finance, according to the Robert Walters Asia Job Index Q3 2015. Despite a slowdown in growth, Asia is still one of the key growth drivers of the global economy and businesses will continue to expand to tap into the opportunities in the region.
WT Vox — If you follow the tech news, you must have noticed that the “internet of things India vs. China scene” is buzzing with news and changes. For example, last month, India’s Prime Minister Modi inaugurated an international marketing campaign branded “Make in India“. The idea behind is to attract investment and make the country a hub for tech manufacturing.
Digi Times — Continued demand for affordable smartphones in emerging markets drove worldwide sales of smartphones in the third quarter of 2015, according to Gartner. Global sales of smartphones to end users totaled 353 million units, a 15.5% growth over the same period in 2014. “The availability of affordable smartphones in emerging markets saw consumers upgrade their feature phones to smartphones more quickly because of the small price gap,” said Anshul Gupta, research director at Gartner.
ZDNet — Very little data currently captured by sensors today are tapped to support analytics, but the Internet of Things (IoT) market will continue to see growth over the next five years, fuelled by demand for new services. One of the fastest growing segments in the region’s IT industry, the Asia-Pacific IoT market was estimated to be worth US$24.2 billion this year, growing at a compound annual growth rate (CAGR) of 26.8 percent to US$79.3 billion in 2020.
RCR Wireless — India and China are often thought of as the fastest-growing mobile markets, but the latest Ericsson Mobility Report shows the rest of the Asia-Pacific region growing faster than these two giants combined. Excluding China and India, the Asia-Pacific region added 26 million new mobile subscriptions in the third quarter, while India added 13 million and China added 7 million.
Times of India — NEW DELHI: Wonder what’s the profile of average Instagram users in India? It’s mostly young, mobile-first users with high spending power, according to a Nielsen study commissioned by Instagram. The study titled ‘Indians on Instagram’ has been released by the company at its first-ever conference in India. The report also claims that Instagram’s monthly actives in India have more than doubled over the past year (as of September 2015). Instagram users in India.
SBR — Singapore is the world’s leader in the ease of doing business. The city-state’s unmatched global and regional connectivity, its highly productive workforce with a mix of local and foreign talent, and a business-friendly regulatory environment have made Singapore the go-to destination for global businesses. Entrepreneurs looking to kickstart their ventures in 2016 should consider these six sectors:
Digi Times — Gartner has said it forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30% from 2015, and will reach 20.8 billion by 2020. In 2016, 5.5 million new things will get connected every day. The Internet of Things (IoT) will support total services spending of US$235 billion in 2016, up 22% from 2015.
Times of India — NEW DELHI: India is eyeing share of 5-6% in $300 billion global internet of things (IoT) industry in the next five years, Department of Electronics and IT secretary JS Deepak today said. “A policy framework around internet of things is in consultation stage. As per reports global IoT industry would be $300 billion by 2020 globally. The idea of IoT policy is that India should have 5-6% share at least of global industry,” he said while speaking at the CII National IoT Summit. Deepak said that the policy in works aims at creating $15 billion domestic industry by 2020.
Mobile DRAM revenues amounted to about US$4.55 billion in the third quarter of 2015, up 18% from US$3.85 billion in the prior quarter, according to DRAMeXchange. SK Hynix made the largest contribution to the overall mobile DRAM market revenue growth during the third quarter, said DRAMeXchange. The Korea-based firm saw its mobile DRAM revenues surge 30.5% on quarter to US$1.2 billion, which boosted its worldwide market share to 26.4% from 23.9% in the second quarter, DRAMeXchange said.
Digi Times — According to Global mobile Suppliers Association (GSA), there were 755 million LTE mobile communication subscribers around the world at the end of June 2015. Digitimes Research forecasts the global LTE user base will increase to 945 million at the end of 2015 and 1.466 billion in 2016. From the beginning of commercial operation of the first network in the world to a global user base of one billion, it took over 12 years for GSM (2G), nine years for 3G and will take only six years for LTE, Digitimes Research indicated.
MIS Asia — Analyst firm Gartner expects that emerging trends such as the Internet of Things (IoT) and digital transformation will help Malaysian companies become more effective and relevant in 2016 and beyond. Gartner’s research vice president Jim Tully said 6.4 billion connected “things” will be in Use in 2016 globally, up 30 percent from 2015, and will reach 20.8 billion by 2020. In 2016, 5.5 million new things will get connected every day.