NEW DELHI: India is among the top three fastest growing Internet markets in the world, a study by industry body Assocham and ComScore has said. “Among the Bric nations, India has been the fastest growing market adding over 18 million Internet users and growing at an annual rate of 41 per cent,” the study said. The Internet user base in the country is approximately 125 million, the study added.
India’s ecommerce poster-boy Flipkart has raised over US$1 billion. According to The Economic Times, Flipkart will make the official announcement next week. Half of the fresh funds are expected to come from existing investors: Tiger Global, Russian billionaire Yuri Milner’s DST, and Accel Partners. This is not only the biggest ever funding round by an Indian e-commerce company, but comes close to global taxi services company Uber’s US$1.2 billion round last month.
Red Hat Inc. the world’s leading provider of open source solutions, today announced the extension of their cloud collaboration with Cisco in India. The combination of Red Hat’s open source solutions and Cisco® technology has delivered innovative solutions to customers, enabling them to achieve greater IT efficiencies and bringing them toward next-generation enterprise computing.
The IT industry might be tripping over each other fighting for analytics professionals, but at some Indian enterprises, CIOs say it isn’t quite yet the time to hire separate data analysts–pointing to perhaps a mismatch between what enterprises are looking for and what’s available. In the last two years, the demand data analysts, data scientists, business intelligence professionals, has skyrocketed. In a recent Gartner report, the research agency pointed out that by 2015, big data will produce 4.4 million jobs globally, but only one-third of those jobs will be filled. According to McKinsey, India will need 2 lakh data scientists in the next few years.
Beijing-based consumer electronics company Xiaomi, Inc’s. rapid four-year growth has led it to target the potentially rich smartphone markets in India. Xiaomi outdid sales of Apple, Inc. in China when it offered competitive and inexpensive smartphones and tablets. The emerging company has used social media to gain market share in other Asian markets. Now, it is teaming up with Flipkart.com to sell its newest device, the Mi3.
As the region’s cloud market surges towards the US$8.6 billion mark, Microsoft Asia Pacific intends to replicate similar growth in its cloud reseller market. With 23,000 registered partners in the Microsoft Partner Network and over 60,000 resellers, the tech giant is positioning itself for further growth in its cloud partner community. Rising from 2,000 cloud resellers to 14,000 over the past two years, the Microsoft Asia Pacific cloud division business is accelerating at 4.2 times the market growth – with APAC VP Alvaro Celis acknowledging the need to expand.
NEW DELHI: Chinese handset maker ZTE is expected to launch its premium ‘Nubia Z7 Max’ handset in India ahead of the festive season to compete in the fiercely contested smartphone market. Nubia Z7 Max, priced at around Rs 26,000, will be the first device from ZTE’s premium phone range to debut in India, the world’s fastest growing smartphone market. ZTE will launch the device around September-October in the Rs 24,000-26,000 range, sources said.
BANGALORE: Google is gearing up to spend more than 100 crore with its partners on advertising and marketing for the $100 Android One smartphone, reports Economic Times. India being one of the fastest growing smartphone market in Asia-Pacific region, with an increased rate of 186 percent in the first quarter of 2014. The launch is planned in October for Diwali, when Sundar Pichai, the senior V-P at Google is expected to visit India during that time.
BANGALORE, INDIA: Wipro Ltd, a leading global information technology, consulting and business process services company today announced that it has been recognized as the ‘Best Company to Work For’, among Super Sized Organizations (organizations with more than 50,000 employees) in India, in the 2014 edition of Great Place To Work Institute India’s Best Companies To Work For – a study by Great Place To Work Institute and The Economic Times.
Singapore and India plan to partner and share knowledge on how to build successful new cities using technology and data, following a recent visit by Singapore’s foreign minister. India’s Budget has just committed to spend US$1.2bn on building 100 new smart cities across the country . The partnership will focus on water and port management, and infrastructure development, K Shanmugam, Singapore’s foreign minister, has told India’s regional press.
Samsung Electronics has announced the launch of its new application hub – ‘Samsung GALAXY Apps’. An improvement upon its predecessor, the GALAXY Apps is a host of select 500 quality curated apps, 300 of which will be India centric Apps and 200 global Apps. The new Samsung GALAXY Apps will offer enriched display with new logo, icon, user interface, design and an augmented experience to the Galaxy smartphone consumers.
Today, Xiaomi revealed just how committed it is to breaking Samsung’s hold on the Indian smartphone market with the launch of its flasghip smartphone, the Mi3, slated for July 22. The cheaper Xiaomi Redmi 1S and Redmi Note will launch later.
Xiaomi Mi3 is priced at INR 13,999 (US$232) now available for pre-order ahead of July 22 shipping. Xiaomi Redmi 1S for Rs 6,999 (US$116) will go on sale soon. Xiaomi Redmi Note will be INR 9,999 (US$166), also due soon.
Mozilla will launch a series of inexpensive Firefox OS smartphone models in the India market in July, with retail prices of up to US$50, according to company COO and Mozilla Taiwan CEO Gong Li. Mozilla initially launched Firefox smartphones in the Latin America and Europe markets in July 2013 and has sold about one million units, Gong said. Mozilla has been able to cooperate with only 1-2 mobile telecom carriers in each country in the two regional markets, but will instead cooperate with more than 10 retail chains in India, Gong indicated. Therefore, Mozilla expects better sales performance in the India market, Gong added.
BANGALORE: Focus on the ICT sector, with a pan-India digital initiative, funding for start-ups and leveraging technology for good governments in the union budget for 2014-15 were pragmatic and directional, IT industry body Nasscom said. “A slew of measures for the ICT sector along with initiatives on skilling, smart cities and ease of business reflect the thrust on role of technology in the budget,” National Association of Software and Services Companies (Nasscom) president R. Chandrashekhar said in a statement from New Delhi.
LG’s 2014 marquee phone G3 can now be pre-booked at an online store in the sub-continent. Before the company could officially announce the release date of its flagship phone, a local e-commerce site, Infibeam has begun taking orders for LG G3 in India. The retailer has also disclosed the price of the 16GB and 32GB models – ₹46,990 (MRP: ₹49,990) and ₹49,990 (MRP: ₹54,990) respectively and adds that the delivery of the device would begin from 25 July.
Taiwanese smartphone maker, HTC officially launched the One E8 and Desire 616 smartphones in India on Friday (11 July). HTC’s One E8 is the plastic variant of the flagship HTC One M8; it boasts dual-curve design having ergonomic uni-body exterior, seen on the high-end HTC One models, sans the usage of metal; instead it flaunts a synthetic polycarbonate body.
BANGALORE: A number of websites including torrent file aggregators, file storage sites and even Google Docs and Google’s URL shortener Goo.gl have been blocked in India, reports TOI. Delhi high court has commanded the internet service providers to block around 472 websites. The order, sanctioned by Justice V Kameswar Rao, was passed following a complaint against the Multi Screen Media, a company that runs sports channel.
Flipkart, India’s homegrown ecommerce titan, started selling Motorola phones online five months ago – it’s the only official sales channel for Motorola in the country. Flipkart revealed this week that shoppers have bought one million Motorola phones in that time. That covers three models: the Moto E, Moto G, and Moto X. To put that figure into context, people in India bought 52.4 million smartphones in the financial year 2013-14, according to data from India’s Manufacturers’ Association for Information Technology (MAIT), the body representing the nation’s tech sector.
Chinese phone maker Xiaomi will start its account in India with the flagship Mi3 on July 15. The smartphone is priced aggressively at INR 14,299 (US$250) and is sure to shake up the affordable smartphone market in India with top-of-the-line specs. India has been eagerly waiting for Xiaomi’s first offering. The company’s announcement on Facebook today got close to 500 likes in minutes. Mi3 has a nice ring to it for Indians.