BANGALORE: Vishal Sikka will put innovation at the centre of Infosys’ strategy, invest aggressively in startups and pursue ‘capability enhancing and energy-infusing’ acquisitions to take the one-time flagbearer of India’s software services industry back to its status of a sector bellwether in the next two years. In his first exclusive interview on the eve of taking over as the first non-founder CEO of the company, the former SAP board member said the company will find a balance between innovating for the future and ensuring that existing business is not compromised.
BANGALORE: As hardware prices continue to drop in India, the world’s fastest growing smartphone market, software sales is set to play an increasingly important part for smart device vendors who are striking distribution deals with app makers, content and value-added service providers. Until now, device makers were looking to make money on the hardware they sell. However, with margins not keeping pace with growing volumes, vendors are seeing opportunities to prop up the bottom line with software and content distribution deals.
BANGALORE, INDIA: Security vendor revenue (hardware, software and services) in India will grow from $882 million in 2013 to $953 million in 2014, according to Gartner, Inc. Security spending will continue to grow in 2015 when revenue is projected to reach $1.06 billion. Security services (that includes consulting, implementation, support and managed security services) revenue accounted for more than 55 percent of this total revenue in 2013 and this trend will continue into the foreseeable future.
A Chinese regulator is conducting an anti-monopoly investigation into Microsoft over its Windows operating system, in the latest of a growing number of competition probes that have unnerved Western firms in China. China’s State Administration for Industry & Commerce (SAIC) is also investigating a Microsoft vice president and senior managers, and has made copies of the firm’s financial statements and contracts.
Popular indigenous smartphone maker, Micromax, is all set to launch a new affordable handset Canvas L in India soon. As the name implies, Canvas L is a big-screen smartphone. It flaunts a mammoth 5.5-inch qHD (960 x 540p) IPS screen and ships with the Android v4.4.2 KitKat OS out-of-the-box. Under the hood, it houses a 1.3GHz MediaTek quad-core processor backed by sumptuous 1GB RAM, 8GB inbuilt memory and a high-capacity 2,350 mAh battery, which can run the device for up to 8 hours of talk time and close to 210 hours under standby mode.
Flipkart, the retailer that pocketed $1 billion in the biggest fundraising by an Indian e-commerce company, is happy to keep losing money as it tries to maintain a market lead, Chief Executive Officer Sachin Bansal said. “We don’t intend to become profitable anytime in the near future,” Bansal, 32, said in a conference call yesterday after the announcement of the capital injection. “We want to first settle down into a business model and then think about profitability over time.”
Earlier on Tuesday (29 July), Xiaomi Mi3 went on for the second sale this month and the response from the public was even more overwhelming than the previous time. Last week, Xiaomi phone got sold out within 40 minutes; today the company ran out of Mi3 stocks in a record 5 seconds time. Xiaomi boasted the feat on the company’s official Facebook page, thanking the fans for the tremendous response.
Indian Prime Minister Narendra Modi has launched a new website, mygov.nic.in, for citizens to share their ideas with the government and take part in projects. The site is a “blend of technology and people power for India’s growth,” Modi wrote on Twitter this weekend as he launched the site. Citizens register to join the site, and can then take part in online forums and volunteer their time to participate in public sector projects. The tasks that volunteers complete will be reviewed by and shared with the community on the website.
India’s biggest ecommerce site Flipkart is often benchmarked against Amazon. People ask: Can it be the Amazon of India? But today, Sachin Bansal, cofounder and CEO of Flipkart, set the record straight. With US$1 billion of fresh funding under its belt, Flipkart, he pointed out, is in the same position as Alibaba was in 2005. “We want to shape the ecommerce ecosystem in India. We want to be India’s first US$100 billion technology company,” he added.
Xiaomi Mi3 made a remarkable debut in India (via Flipkart) last week, with stocks running out within 40 minutes of its release. And now, the feature-rich smartphone is all set to go sale again on 29 July. Xiaomi’s exclusive e-commerce partner Flipkart has announced that Mi-3 sale will kick start at 2:00 pm noon, 29 July. It has to be noted that users must be pre-registered with the e-retailer, in order to buy the phone on Tuesday.
Panasonic has sent out invites to media for an event on July 30, hinting that it will launch Eluga range of smartphones in India. So far, the company has offered its P and T range of Android smartphones, but the Eluga brand name has been associated with its flagship offerings. Last month Panasonic had teased the impeding launch of the Eluga range of smartphones. Interestingly, Panasonic has stopped making Eluga smartphones in its home country Japan so the India launch is sort of a revival for the brand.
NEW DELHI, INDIA: Bharti Airtel today announced that it has crossed the 300 million customers mark across its operations. The milestone includes customers across mobile, fixed line and DSL, and DTH services. Bharti Airtel, which began operations in 1995, reached the 100 million customers mark in 2009 and crossed the 200 million mark in 2012. The latest 100 million customers have joined the Airtel family in less than two years. The company ranks as the fourth largest mobile service provider globally and second largest globally outside of China.
We saw the official release of Xiaomi’s flagship smartphone Mi3 earlier this week. Now, fellow Chinese company OnePlus is slated to foray into the Indian market. OnePlus’ official blog administrator Carl Pei has hinted that the company has plans to enter Indian market, inciting excitement among many Indian fans. “It’s safe to say that we’re interested in India. Being such a young company, we also know that India is a huge challenge.
Innovation distinguishes a leader from a follower — Steve Jobs — On Tuesday, around the time some 100,000 pre-registered Indian consumers were going berserk trying to get their orders through for Xiaomi’s Mi 3 platform on e-commerce local heavyweight Flipkart’s website, the Chinese budget handset maker was living up to its image of the Apple of the East back in Beijing.
NEW DELHI: Former Apple CEO John Sculley, who recently launched low-cost smartphone brand Obi in India, plans to take his products to other emerging markets next year after gaining a firm foothold in the local market. “Our aspirations are to build an international brand with India being the beachhead and to go to all of the emerging markets, learning from our experience here with differentiation around branding and marketing,” said Sculley, 75, who famously forced co-founder Steve Jobs out of Apple in 1985.
On July 22, the Xiaomi Mi3 smartphone went on sale on the website of India’s largest online retailer, Flipkart. This was an exclusive launch introducing Xiaomi’s phones to India. Given the marketing bonanza enveloping the launch, a sea of online buyers logged on the site. Buyers started seeing an HTTP Error 503 Service Unavailable response. Amod Malviya, CTO, Flipkart, says the outage wasn’t due to an infrastructure failure. “In fact, we have almost never gone down in the past three years because of that sort of an issue,” he says.
BANGALORE: Mobile connections in India will grow to 815 million in 2014, an 8 percent increase from 755 million connections in 2013, according to Gartner, Inc. The mobile services market in India will remain almost at the same level as 2013 at $19.2 billion in 2014. “The mobile market in India is going through a rough patch, where voice average revenue per user (ARPU) is falling very fast, and the increase in data ARPU is not able to fully compensate for the decline,“ said Neha Gupta, senior research analyst at Gartner.
BANGALORE, INDIA: Mobile connections in India will grow to 815 million in 2014, an 8 percent increase from 755 million connections in 2013, according to Gartner, Inc. The mobile services market in India will remain almost at the same level as 2013 at $19.2 billion in 2014. “The mobile market in India is going through a rough patch, where voice average revenue per user (ARPU) is falling very fast, and the increase in data ARPU is not able to fully compensate for the decline,” said Neha Gupta, senior research analyst at Gartner.
Singapore: The Indian government should look at public-private partnership (PPP) to make its Rs.10,000 crore start-up fund a success, says Amit Anand, founding partner of Singapore-based Jungle Ventures, an entrepreneur-backed venture firm focused on funding start-ups in the Asia-Pacific region. In an interview, Anand said India is among the top five start-up ecosystems in the world and despite limitations such as a lack of sufficient funding, the country is on track to produce several $1 billion companies, riding trends such as cloud computing and mobility.
NEW DELHI: India should be more aware of cyber security threats and the time to act in this regard is now, an Israeli security solutions firm has said even as it averred that the two countries have many common “opponents”. “I believe India should be more aware of cyber threats. I am sure that once India will be aware of cyber threats, the necessary steps would be taken,” Zori Kor, vice president of Israeli firm ASERO Worldwide, said here.