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Automation Industry Expected to Witness Substantial Growth from India’s Rapidly Evolving Smartphone Manufacturing Market

India’s smartphone manufacturing market is rapidly evolving. Government initiatives to boost domestic smartphone manufacturing and numerous investment announcements by global smartphone manufacturing players to assemble handsets locally are factors augmenting this growth. Currently, smartphones hold 60% of local production and this share is expected to reach 90% by 2018. To survive and thrive in a changing ecosystem, automation vendors must target equipment suppliers for assembling, packing and surface-mount technology (SMT) line opportunities, as well as develop indigenous manufacturing capabilities across the value chain.

Frost & Sullivan’s Indian Smartphone Manufacturing Market – Automation Opportunity, 2017, examines potential opportunities, challenges, value chain analysis, expected changes and attractiveness, and feasibility of entering the Indian smartphone manufacturing market.

To access more information on this analysis, please click here.

“Smartphones will enjoy a symbiotic relationship with India’s growth and will become the second-largest market globally with 650 million phones by 2020”, said Sriram Krishnamoorthy, Senior Consultant, Industrial Automation & Process Control Practice, Frost & Sullivan. “The entry of 4G technology, as well as multinational companies in smartphone manufacturing in India presents tremendous opportunities for automation vendors to cater to the specific needs of equipment suppliers.”

Key mobile-based industries will be worth more than $10 billion by 2020, based on digitization and internet enablement of India’s major sectors and services, including:

  • mHealth;
  • mBanking;
  • mGovernance;
  • mCommerce, and
  • mEntertainment

“China is a hub for mobile phone manufacturers due to economies of scale. Cheaper imports have led to lower levels of investment in India, thus restraining the market here”, noted Sriram. “However, over the long term, increased Government intervention and the application of import duties will change this scenario and help in fostering a domestic manufacturing environment.”

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Website: http://ww2.frost.com

Twitter: @Frost_Sullivan
Facebook: http://www.facebook.com/frostandsullivan
LinkedIn: https://www.linkedin.com/company-beta/4506/

Wipro Digital to acquire Cooper, a leader in UX and interaction design, and expand Designit’s capabilities

Wipro Digital today announced that it has signed a definitive agreement to acquire Cooper, an award-winning design and business strategy consultancy. Wipro Digital is the digital business unit of Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company. Cooper will become part of Designit, Wipro Digital’s strategic design arm, further strengthening its design and innovation capabilities, expanding its reach in North America and adding capabilities in professional design education.

Increasingly, global enterprise clients recognize that design is a critical part of any digital or business transformation. By adding Cooper’s skills and expertise, Wipro will be better positioned to support its clients’ digital programs.

“Our combined capability across design, strategy and technology gives us a unique platform for working side-by-side with clients on the entirety of their digital initiatives. With Cooper, an acknowledged leader and pioneer in the design community with roots on the East and West coast, we will now be the preeminent firm for world-class UX (User Experience) and interaction design. This coupled with Designit’s global strategic design services and our world-class engineering capability, will allow us to support the complete digital journey for our clients, helping them transform their businesses for the future,” said Rajan Kohli, Global Head and Senior Vice President, Wipro Digital. Wipro Digital and Designit serve clients from 16 offices around the world.

Headquartered in San Francisco, Cooper has been a leading brand in interaction design, UX and professional design education for more than 25 years. Founded by Sue Cooper and Alan Cooper, the ‘Father of Visual Basic,’ the consultancy is credited with inventing many tools and approaches used in design, including the Goal-Directed Design method and personas as a practical interaction design tool. Cooper employs 35 people in offices in San Francisco and New York and provides consulting and training services to top brands including Fortune 500 companies, leading non-profits and government agencies.

“Designit and Cooper are a perfect match. Both companies are passionate about creating products, experiences, and systems that matter and are high-impact and strategic. As a combined force with Wipro, we’ll take our clients to new places, and help them think like a startup again,” said Mikal Hallstrup, Designit’s Founder and Global CEO.

“Designit and Cooper share a strikingly similar culture and a shared passion for turning complex problems into solutions people love. Both companies are characterized by unparalleled craftsmanship, real-world practicality, and a humanizing approach to technology. As a combined force, we will continue to shape the future of business,” said Alan Cooper, Co-Founder of Cooper.

The acquisition is subject to customary closing conditions and is expected to be closed in the third quarter of fiscal 2017-18.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

About Wipro Digital

Wipro Digital, the digital business unit of Wipro, collaborates and iterates with clients to deliver customer-centered digital transformation. Working at the intersection of strategy, design and technology, we derive insight, shape interaction, drive integration and unlock innovation for our clients. We apply Customer Journey Engineering to create extraordinary experiences for global brands, businesses and their customers at scale. Learn more at wiprodigital.com or @WiproDigital

About Designit

Designit is a global strategic design firm, part of the leading technology company, Wipro. We match big-picture thinking with creativity and technology, to drive change and growth across businesses, industries, and societies. We are here to make a human-shaped world, where everything is designed around real human needs. With a team of 500+ designers, researchers and business designers across 14 offices worldwide, we make products, services, and experiences that improve the way we all live, work, and do business.

About Cooper

Cooper is a leading consulting firm and training center founded by Alan Cooper, the Father of Visual Basic. Cooper applies design thinking techniques — many of which they invented — to create innovative products, services, and organizations. For 25+ years, Cooper has worked with thousands of top clients in virtually every industry and vertical.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Drivezy Announces First Private ICO to Build Global Carsharing Marketplace

Indian peer-to-peer vehicle sharing platform Drivezy, announces the launch of its first Initial Coin Offering (ICO), to expand their footprint in the cars and bikes sharing Global marketplace. The move aims to disrupt the traditional way of how people purchase, use and sell vehicles.

Drivezy provides a platform that allows micro-ownership by connecting vehicle owners with customers to create a shared ecosystem for transportation. It allows customers to access cars at a fraction of the cost of owning them, and lets owners turn their vehicles into a revenue-generating asset. This, in turn, allows the value of vehicles to be shared amongst the entire community.

“Considering the rising cost of important assets and resources such as housing and transportation, I believe the future is a shared one”, said CEO and Co-founder Ashwarya Pratap Singh, “With the visible disparity between average Indian income and the cost of buying a car, rentals and sharing have become the only way that most people can afford any kind of personal transportation.”

In addition to the enormous growth of the sharing industry, another facet that Drivezy believes can change the current model of ownership is Blockchain, the technology driving Bitcoin. This technology allows individuals to transact value across the globe securely without the need for any intermediary party. Thereby, fuelling the growth of collaborative systems where all resources are shared by the members of the community.

“With the growing popularity of Bitcoin in India, we feel that this is the right time to open ourselves up to alternative means in the sharing economy. This ICO is a part of our vision to leverage the power of blockchain to build an open, secure and transparent technology to globalize the Indian car sharing marketplace,” said Ashwarya. He added, “This system will lead to the creation of almost 10 Lakh micro-entrepreneurs.”

The launch of ICO will allow Drivezy’s investors to purchase cryptographic tokens which entitles them to a share of revenue, generated by rental transactions on the platform which has shown to generate ROI of 30%. Further details regarding the ICO may be found at www.rentalcoins.com.

Drivezy has 1,318 vehicles listed in four cities, a monthly GMV of over $950,000 per month and a 246% growth in unique customers over the last year.

The ICO will be launched in Japan at a Conference hosted by AnyPay. It will be a private offering to accredited investors only subject to regulatory restrictions.

AnyPay Inc. is a Japanese FinTtech company run by Drivezy investor and a serial entrepreneur Shinji Kimura. They will be providing ICO advisory support in terms of scheme structuring, token development and more.

“Drivezy is building something more than a simple sharing business; they are building a system that can unify the global sharing economy. I chose to support them as I believe that they have the knowledge and skill to accomplish their vision,” Shinji Kimura, CEO, Anypay said.

Founded in April 2015, Drivezy (formerly JustRide) was one among the few startups selected by the prestigious American startup accelerator Y Combinator for the 2016 summer batch and is backed by Google. The startup has drawn the interest of notable entrepreneurs and investors from Silicon Valley and abroad, including It-Farm, CrowdWorks, Das Capital, Adora Cheung, Kima Ventures, Susa, Axan, Justin Kan and Paul Buccheit. 

About Drivezy

Drivezy, formerly known as JustRide, started operations in August 2015 and is the pioneer of peer-to-peer car and bike sharing in India. Backed by Y Combinator and Google, Drivezy’s strategic approach is an efficient alternative to outright vehicle purchase for consumers and provides a revenue-generation opportunity for vehicle owners. The company was founded by Ashwarya Singh – Chief Executive Officer, Hemant Kumar Sah – Chief Technical Officer & Co-founder, Vasant Verma – Chief Operating Officer & Co-founder, Abhishek Mahajan – Co-founder and Amit Sahu – Co-founder. Headquartered in Bangalore, Karnataka, Drivezy currently operates in three other cities in India (Mumbai, Pune, and Mysore) and aim to expand to five additional cities by the end of 2017. Drivezy’s key financing partners include Mahindra Finance, ICICI Bank, HDFC Bank, Sri Ram Finance, Cholamandalam, Axis Bank, Union Bank and Tata Motor Finance.

About AnyPay Inc.

AnyPay Inc. was founded in June 2016 by Shinji Kimura, a Japanese serial entrepreneur who previously led Atlantis Inc. and Gunosy Inc. AnyPay, Shinji Kimura’s newest venture, is leading the new FinTech wave in Japan and currently provides 2 services, an online payment platform, AnyPay (https://anypay.jp), and a peer-to-peer payment app, Paymo (https://paymo.life). In September 2017, AnyPay has started an ICO advisory service.

Commvault Recognized as a Leader in Data Resiliency Solutions by Independent Research Firm

Commvault (NASDAQ: CVLT), a global leader in enterprise backup, recovery, archive and the cloud, today announced it has been positioned by Forrester as a Leader in The Forrester Wave™: Data Resiliency Solutions, Q3 2017. Commvault received the highest score in the Current Offering category.

According to the report, “Forrester evaluated the strengths and weaknesses of top data resiliency vendors. After examining past research, client inquiries, user needs assessments, and vendor and expert interviews, we developed a comprehensive set of evaluation criteria.” Commvault received the highest possible scores in the backup options, revenue, customer base, and the technology partners criteria. Commvault also received the highest score among all vendors in the platform support and customer feedback criteria.

The report goes on to explain that, “[Commvault] has the most comprehensive support for technologies that enterprises deploy – applications, databases, operating systems, public cloud, containers, big data platforms, and storage infrastructure – Commvault also offers archive management and eDiscovery capabilities. [Commvault] can move data between tiers – from on-premises to the hyperscale public cloud and within the cloud – depending on enterprise policy and offers easy scalability both within and outside of the data center.”

“We are very pleased with our position as a Leader in the Forrester Wave ranking for data resiliency, as we think it’s in line with our multiyear track record of doing exceptionally well in independent third-party assessments that depend on feedback from our customers, who are some of the most important enterprises in the world,” said N. Robert Hammer, Chairman, President and CEO, Commvault. “I believe that our position as a leader in the Forrester Wave Data Resiliency Solutions graphic speaks for itself and validates our commitment to providing the most comprehensive features, functionality and services to our market. Our unique, modern vision, based on a deep understanding of our customer’s needs, ensures they have a partner that will evolve with them over the long term.”

The Forrester report also stated, “Data backup and recovery systems have been a staple of business continuity and disaster recovery since the dawn of the data center; I&O pros at leading enterprises take great care to ensure data resiliency. Today, they use practices and technologies that have evolved far beyond old-school backup to become the tech infrastructure underlying many use cases.”

Commvault’s unique leadership position in the data management market is based on providing our enterprise customers with innovative data backup and recovery solutions that scale easily, support moving data to the cloud, and eliminate vendor lock-in. Commvault’s leadership and innovations include:

  • Comprehensive support for public cloud.
  • End-to-end coverage for physical and on-premises applications.
  • The industry’s top customer support services.
  • The industry’s most comprehensive snapshot support without the need for custom scripting.
  • Future proofing for evolving IT environments through an expansive list of supported hypervisors, big data support and database protection.
  • Orchestration capabilities that enable migrating entire applications to the cloud.
  • Simple, next-generation user-based UIs that improve the end user experience and shorten time to value.
  • Competitive, flexible pricing and packaging options.

For more information and a full copy of The Forrester Wave™: Data Resiliency Solutions, Q3 2017, please visit here

About Commvault

Commvault is a leading provider of cloud data management solutions, helping companies worldwide activate and drive more value and business insight out of their data and to transform modern data environments. With solutions and services delivered directly and through a worldwide network of partners and service providers, Commvault solutions comprise one of the industry’s leading portfolios in data protection and recovery, cloud, virtualization, archive, file sync and share. Commvault has earned accolades from customers and third-party influencers for its technology vision, innovation, and execution as an independent and trusted expert. Without the distraction of a hardware business or other business agenda, Commvault’s sole focus on data management has led to adoption by companies of all sizes, in all industries, and for solutions deployed on premise, across mobile platforms, to and from the cloud, and provided as-a-service. Commvault employs more than 2,700 highly skilled individuals across markets worldwide, is publicly traded on NASDAQ (CVLT), and is headquartered in Tinton Falls, New Jersey in the United States. To learn more about Commvault – and how it can help make your data work for you – visit www.commvault.com.

Safe Harbor Statement

Customers’ results may differ materially from those stated herein; Commvault does not guarantee that all customers can achieve benefits similar to those stated above. This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions and others. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements. The development and timing of any product release as well as any of its features or functionality remain at our sole discretion.

©1999-2017 Commvault Systems, Inc. All rights reserved. Commvault, Commvault and logo, the “C hexagon” logo, Commvault Systems, Solving Forward, SIM, Singular Information Management, OnePass, Commvault Galaxy, Unified Data Management, QiNetix, Quick Recovery, QR, CommNet, GridStor, Vault Tracker, InnerVault, Quick Snap, QSnap, IntelliSnap, Recovery Director, CommServe, CommCell, ROMS, Commvault Edge, and CommValue are trademarks or registered trademarks of Commvault Systems, Inc. All other third party brands, products, service names, trademarks, or registered service marks are the property of and used to identify the products or services of their respective owners. All specifications are subject to change without notice.

India Blockchain Week Attracts over 500 Technologists from around the Globe, Fosters a Platform for Blockchain Practitioners

India Blockchain Week‘, the India chapter of the International Blockchain Week was brought to Mumbai for the first time, by Somish, a leading Blockchain solutions development company.

The conference served to take discussions about the Blockchain technology beyond Bitcoins and into the worlds of Enterprise and Governance applications. It brought global blockchain practitioners onto a common platform so that they could share their expertise and knowledge across different verticals and use- cases. A recurring theme of the conference was that Blockchains are built on “The power of we” and will enable citizens of emerging markets to avail of financial services and social benefits without banking intermediaries. It thus truly deserves the epithet of a leapfrog technology.

The event attracted over 500 delegates from different parts of the world, representing such diverse sectors as BFSI, Logistics, Healthcare, Retail, Manufacturing, Agriculture, Consulting and Government. It had speakers from 7 different countries. Some of the key speakers were Mr. J A Chowdary, Special Chief Secretary & IT Advisor to the Chief Minister, Govt. of Andhra Pradesh, Dharmesh Desai, Group Executive VP, NRI Banking and Remittances, Yes Bank, Amo Kalar, Trade Commissioner, British High Commission and Jaspreet Bindra Sr. VP Digital Transformation, Mahindra Group and Ish Goel, Founder GovBlocks.

One of the highlights of the conference was the India launch of GovBlocks, a protocol for implementing decentralised governance on the Blockchain. GovBlocks presented some disruptive use-cases, which included buying insurance without an insurance company, giving unbanked citizens access to loans and government schemes for subsidy disbursing, pension payout and other social benefits, thereby enabling agile financial inclusion.

There were also some use cases for tokenization of agricultural produce and mobile networks, as well as how to participate in Initial Coin Offerings or ICOs. There were a couple of interesting sessions on the regulatory framework around Blockchain technology, specifically for ICOs.

Blockchain technology has spawned its own ecosystem including application development platforms, start-ups offering industry-specific solutions, coin exchanges, and advisory services for investors. Efforts are ongoing to create a set of global industry standards for governance, security and data protection. Like the technology itself, the Blockchain ecosystem is evolving in a highly decentralised manner. Move over Silicon Valley!

The enthusiasm and interest of the audience in each session was heartening and every speaker was inundated with questions! The conference concluded with the announcement of India Blockchain Week 2018, creating a sense of anticipation amongst audience and speakers alike

Drivezy Raises USD 10 Million from Investors across Three Continents

Drivezy, a self-drive peer-to-peer car and bike sharing company, announced a $10M round of fresh investment. New and existing investors participated, including Das Capital, Axan Ventures, CrowdWorks and IT-Farm. This is in addition to an earlier $6 million round from Y Combinator, White Unicorn Ventures, Dheeraj Jain, Punit K Goyal, Alok Mittal, Susa Ventures, Qasar Younis, Paul Buchheit, Kima Ventures, Justin Kan, IT-Farm. Drivezy has raised a total of $16M to date. In addition to raising this round, Drivezy announces the launch of its first private Initial Coin Offering (ICO) to expand their peer-to-peer sharing marketplace for cars and bikes. A pioneer in the vehicle sharing industry, they are building a platform that aims change the way people purchase, use and sell vehicles. Drivezy will deploy a major part of the new investment to create Rental coins- A currency that would transform the global car-sharing industry.

“Considering the rising cost of vital assets and resources especially housing and transportation, I believe the future is a shared one. The world is moving on to a collaborative model of consumption and our mission is an aggressive journey to change the way people purchase, use and sell motor vehicles,” said Ashwarya Singh, CEO & Co-founder, Drivezy. “The funds raised will fast-track our strategic expansion into new markets across India and global markets.”

Breaking geographic barriers and tapping into the enormous growth potential of sharing economy, Drivezy partnered with Unocoin, a leading Indian Bitcoin exchange company, to accept Bitcoin as a mode of payment. Thus, making Drivezy, the only self-drive car and bike rental company in India to accept cryptocurrency. This technology allows individuals to transact value across the globe securely without the need for any intermediary party. Thereby, fueling the growth of collaborative systems where all resources are shared by the members of the community.

“Few startups appear at the right time, with the right team to up-end a large market, and Drivezy is part of that exclusive club,” said Morio Kurosaki, the President of IT Farm. “We have been strongly supporting Drivezy from the start, and have been impressed by how the team has a clear vision and plan to offer access to cars for the 94% of the population of India who do not currently own a car,” said Julien Nguyen, General Partner at IT-Farm.

“With the growing popularity of Bitcoin in India, we feel that this is the right time to open alternative means in the sharing economy. This ICO is part of our vision to leverage the power of the blockchain to build an open, secure and transparent technology to globalize the Indian car sharing marketplace,” said Ashwarya. He added, “Rental coins can potentially create almost 10 Lakh micro-entrepreneurs who can supplement their household income by renting their assets.”

The ICO had been announced in Japan at a Conference hosted by AnyPay, a Japanese Fintech company who has also invested in Drivezy. AnyPay will be providing Drivezy with ICO advisory support in terms of scheme structuring and token development. The launch of ICO will allow Drivezy’s investors to purchase cryptographic tokens which entitle them to a share of the revenue generated by rental transactions on the platform, which has proven to generate an average RoI of 30%. Further details regarding the ICO may be found at www.rentalcoins.com. “Drivezy is building something more than a simple sharing business; they are building a system that can unify the global sharing economy. I chose to support them as I believe that they have the knowledge and skill to accomplish their vision,” Shinji Kimura, CEO – AnyPay said.

Founded in April 2015, Drivezy (formerly JustRide), allows individual car owners to list their idle cars on the Drivezy platform; the cars are then rented by customers. Since the launch of their vehicle sharing platform, over 800 owners have listed 1,318 vehicles with Drivezy in four cities. With a monthly GMV of over $950,000 per month and a 246% growth in unique customers over the last year, Drivezy is the largest marketplace for vehicle rentals in India.

About Drivezy

Founded in April 2015, Drivezy (formerly JustRide) was one among the few startups selected by the prestigious American startup accelerator Y Combinator for the 2016 summer batch and is backed by Google. Drivezy’s strategic approach is an efficient alternative to outright vehicle purchase for consumers, and provides a revenue-generation opportunity for vehicle owners. The company was founded by Ashwarya Singh – Chief Executive Officer, Hemant Kumar Sah – Chief Technical Officer & Co-founder, Vasant Verma – Chief Operating Officer & Co-founder, Abhishek Mahajan – Co-founder and Amit Sahu – Co-founder. Headquartered in Bangalore, Karnataka, Drivezy currently operates in three other cities in India (Mumbai, Pune, and Mysore) and aim to expand to five additional cities by the end of 2017. Drivezy recently entered the bike rental market by launching geared and non-geared bikes in Bangalore. Drivezy’s key financing partners include ICICI Bank, Mahindra Finance, Yes Bank, HDFC Bank and Tata Motor Finance.

About AnyPay Inc.

AnyPay Inc. was founded in June 2016 by Shinji Kimura, a Japanese serial entrepreneur who previously led Atlantis Inc. and Gunosy Inc. AnyPay, Shinji Kimura’s newest venture, is leading the new FinTech wave in Japan and currently provides 2 services, an online payment platform, AnyPay (https://anypay.jp), and a peer-to-peer payment app, Paymo (https://paymo.life). In September 2017, AnyPay has started an ICO advisory service.

About Unocoin

Unocoin is India’s leading bitcoin company. It enables Indians to buy, sell, store, use and accept bitcoin. With a mission “to bring Bitcoin to billions”, Unocoin was founded in July of 2013 in the town of Tumakuru, Karnataka and is India’s first entrant into the bitcoin space. Later the company shifted its major operation to Bengaluru. With over 150,000+ satisfied customers and 350+ million in total revenue, Unocoin has been on the forefront of bitcoin revolution in India.

Abode1st Group will Provide the Suitable Real-estate Market to the Investors

The laws made by Central government to make the business and real estate sector accountable to the market are going to have a positive impact on the country’s market. With this, the foreign investors have trusted the Indian market and the well-known foreign groups have started looking for the right option to invest in India – Sandeep Singh Deswal, Managing Director, Abode1stGroup of Companies, said in a press conference organized at Queens Pearl Hotel.

He also told that the Abode1st will organize a seminar on RERA and GST in the presence of Top Business Leaders, Investors and Top Players of the country in The Ritz of Ambience Island on 6th October. Abode1st Group will invite domain experts from the respective fields to speak and share macro level benefits of the above said unprecedented reforms brought in by the dynamic Government of India. The people from all spheres of life including business fraternity viz. Real Estate, capital markets, IT, Banking and allied Industries will be the audience for the seminar. Abode1st Group is trying to contribute a bit by this knowledge-based interaction by the intellects and has invited potential investors from US, Canada and European countries to look for investment opportunities in India.

Sandeep Singh Deswal the versatile business tycoon told that entrepreneurs need to be educated towards RERA and GST, after the demonetization these laws were implemented by the Central government which made the real estate market of country accountable. It is true that today the Indian market is in modest recession, but in the coming times, GST and RERA will benefit the Indian market. He also said that in most of the countries such laws are already in force and now foreign companies are looking forward for the investment options as these laws were implemented in India too. He said that Abode1st has decided to pursue this initiative of the central government.

He said that the Union Minister Ramdas Athawale, Union Minister Purushottam Rupala, Union Minister of State Sanjay Pathak, BJP spokesman Shahnawaz Hussain and others including sports, media will participate in this seminar. During the event, six martyr families will also be honored, and will also give financial support to the sports talents.

Harinder Singh, CEO, Abode1st Group of Companies said, “The changes in the country has started on political and economic basis. We are attracting investors in the NCR region spread over 200 km of the national capital of Delhi and providing them suitable real estate market.”

Navdeep Singh Sherawat, CFO,Abode1st Group of Companies said, “That the company has opened its offices in many countries including USA, California, London and Sydney to guide overseas investors and from NRI investors we are getting good response.

About the Abode1st Group of Companies

Abode1st Group of Companies was founded in 2013 by Mr. Sandeep Singh Deswal, a visionary pioneer. Abode1st operates in three sub-sectors:

  • abode1st Assets Management,
  • abode1st Wealth Management and
  • abode1st Interiors.

The Group has established itself as one of the leading advisory house and provides end-to-end solutions to its institutional, corporate and HNI clients.

Promoted and managed by a qualified, experienced and competitive management team, abode1st has a vision to expand beyond facilitating traditional sales and purchase transactions to provide a complete range of sales, leasing, as well as the nationwide investment, consulting, development and allied services.

Abode1st has successfully executed transactions worth INR 900 crore (USD 140 million) till date which includes gross transactions of about INR 650 crores (USD 101 million) in Real Estate and INR 250 crore (USD 39 million) in interior projects. Besides, the Group owns a large portfolio of captive properties across Delhi-NCR region.

The Group at present operates out of Delhi-NCR and is planning to expand pan India within three years with its offices in India such as Mumbai, Bangalore, Hyderabad and Chennai.

Abode1st also has plans to expand globally. Already opened offices in Toronto, Canada, and New Jersey, USA. Planning to open in Silicon Valley, London, and Sydney in next three years.

Frost & Sullivan’s “2017 India Best Practices Awards Banquet” Lauds Indian Enterprises Demonstrating Pathbreaking Innovation and Break-through Projects across Sectors

Frost & Sullivan concluded its 4th Annual 2017 India Best Practices Awards Banquet on October 5th at ITC Maratha, Mumbai. The Awards Banquet was preceded by Frost & Sullivan’s annual flagship event – Growth Innovation & Leadership (GIL) India 2017 Summit, where thought leaders and CXOs explored the roadmap to visionary innovation to build a digitally empowered nation.

This year 57 Awards were presented at the Banquet across industry sectors such as Electronics & Appliances, Energy & Environment, Digital Media, Industrial Automation & Process Control, Metals & Minerals, Mobility, Tech Vision, and Transformational Health.

The Awards Banquet hosted some of the top-notch names from across industries that showcased Best Practices and exemplary achievements of enterprises in their respective sector. This year’s awards highlighted potential leaders and disruptors, who have shown significant growth, have identified emerging trends and whose vision served as the catalyst in generating world-class performance within their industries.

Sharing his views on the 2017 Awards Program, Amol Kotwal, Director, Frost & Sullivan said, “It gives me great pleasure to recognize and host best-in-class achievers in India. Despite the economy facing headwinds, companies across industry sectors have grown through innovation and are transforming their business models to achieve industry-leading positions. Frost & Sullivan is proud to recognize their efforts for achieving excellence in their respective industries, and encourages them in their future endeavors.”

The Awards Assessment besides incorporating inputs from Frost & Sullivan’s expert analysts also involved a jury evaluation process with a panel of thought leaders, which included some of the most prominent names from the industry. The esteemed jury panel for the 2017 India Best Practices Awards Banquet included:

  • Amit Varma, President – Corporate Strategy, JK Organization
  • Asif Mulla, Head – Instrumentation, Mumbai Operating Center, TechnipFMC
  • Balachandran P Kamath, Independent Mining & Metals Professional
  • Balasubramanian Srinivasan, Executive Director – Mobility (Automotive & Transportation) Practice, Frost & Sullivan
  • Chandrashekhar Limaye, Director, Supertech Instrumentation Services (I) Pvt. Ltd.
  • Dr. Sandeep Garg, Chief General Manager, PEC Limited
  • Dr. Seshu Bhagavathula, Chief Technology Officer, Ashok Leyland Group
  • Dr. Sujit Chatterjee, Chief Executive Officer, Dr. L. H. Hiranandani Hospital
  • Dr. Tarang Gianchandani, Chief Executive Officer, Jaslok Hospital
  • GB Singh, Publisher & Editor, Security Today & Security Update
  • Harpreet Singh Tibb, Founder, Tibbs Consulting
  • Kirti Kumar Shah, Senior Manager, Engineering Management, Brownfield Projects, Aker Solutions
  • Mukund Muley, Managing Director, Cotmac Electronics Pvt. Ltd.
  • Nakul Subramanyam, Head of Corporate Real Estate Management, Morgan Stanley, India
  • Navratan Katariya, Solar Energy & Startup Consultant, Sy-energy Consultants
  • Prof. C Balasubramanya, Professor & Consultant, Smart Grids & Smart Meters
  • Rinka Banerjee, Founder & Director, Thinking Forks Consulting
  • Sandeep Puri, Sr. Vice President & Global Project Head, ACG Associated Capsules Pvt. Ltd.
  • Sanjeev Keskar, Managing Director, Arrow Electronics
  • Shamsher Sindhu, Executive Vice President & Head – Infrastructure Projects, Kotak Mahindra Bank
  • Sirish Batchu, Head – Advanced Electronics & Digitalization, Mahindra & Mahindra Limited
  • Vikas Rawat, Vice President – Operation, Nirlon Ltd.
  • Vinod Sharma, Managing Director, Deki Electronics

To participate in the 2018 Awards Program or for partnership opportunities, please contact: khushbook@frost.com or visit: www.frost.com/bpindiaawards. You can also get updates on Twitter and LinkedIn from the hashtag: #FSInAwards.

The event was supported by our Media Partners: Automation Connect, Channel Times, Commercial Vehicle, Convergence Plus, CXO Today, Mtlexs, Sustainability Next, Telecom Watch, The CEO Magazine and The Smart CEO.

Recipients of Frost & Sullivan’s 2017 India Best Practices Awards

 

Tech Vision India Flexible Packaging Technology Innovation Leadership Award UFLEX Limited – ASEPTO Spark
India Intelligent Analytics Enabling Technology Leadership Award Tiger Analytics
India School Automation New Product Innovation Leadership Award Inspace Technologies Private Limited
India IoT Energy Monitoring New Product Innovation Leadership Award ALTIZON SYSTEMS PVT. LTD.
India Drug Repurposing Technology Innovation Leadership Award NovaLead Pharma Pvt. Ltd.
India Lightweight Panels New Product Innovation Leadership Award UNIVERSAL METALTEK
India Companies to Action Award for IoT Smart Cities Technology Market Gaia Smart Cities
India Companies to Action Award for Connected Car Platform Market CarIQ
India Companies to Action Award for Remote Cardiac Monitoring Market Agatsa Software Pvt. Ltd.
Digital Media India OTT Video Services Market Company of the Year Award Hotstar (Novi Digital Entertainment Pvt. Ltd.)
India Pay TV Content Protection Company of the Year Award Irdeto
India Companies to Action Award OTT Video Services Market YuppTV India Private Limited
Energy & Environment India UPS Small Range Solutions [Less than 10kVA] Company of the Year Award Schneider Electric IT Business India Pvt. Ltd.
India Emerging Energy Management Solutions Provider of the Year Award Schneider Electric India Pvt. Ltd.
India UPS High Range Solutions [More than 10kVA] Company of the Year Award Vertiv Energy Private Limited
India Building Management Systems (System Integration) Growth Excellence Leadership Award Secutech Automation (India) Pvt.Ltd.
India Integrated Solid Waste Management Company of the Year Award Ramky Enviro Engineers Limited
India Security Services Manned Guarding Growth Excellence Leadership Award G4S
Electronics & Appliances India LED Lighting Visionary Innovation Leadership Award Wipro Lighting
India Consumer Electronics Company of the Year Award Panasonic India Pvt. Ltd.
India Electronics Security Company of the Year Award CP PLUS India
India Electronics Security Visionary Innovation Leadership Award Matrix Comsec
India Electronics Security Competitive Strategy Innovation and Leadership Award Prama Hikvision India Pvt. Ltd.
India Small and Kitchen Appliances Competitive Strategy Innovation and Leadership Award Hafele India Pvt. Ltd.
India Consumer Electronics Services Visionary Innovation Leadership Award GreenDust
India Consumer Electronics Competitive Strategy Innovation and Leadership Award Canon India Pvt. Ltd.
India LED Lighting Company of the Year Award Havells India Ltd.
India LED Lighting Competitive Strategy Innovation and Leadership Award Anchor Electricals Pvt. Ltd.
Mobility India Car Care Solutions Aftermarket Leadership Award 3M India Limited
India Freight Aggregation Competitive Strategy and Innovation Award SmartShift by Mahindra
India Electric Mobility Technology Innovation Award Ampere Vehicles Private Limited
India Private Bus Fleet Operator of the Year Award Parveen Travels Pvt. Ltd.
India Shared Mobility Customer Value Leadership Award Ola (ANI Technologies Pvt. Ltd.)
India Online Car Service Aggregation Customer Service Leadership Award GoBumpr
India Automotive Supply Chain Excellence Award Subros Limited
India Telematics Aftermarket Services Enabling Technology Leadership Award Arya Omnitalk Wireless Solutions Pvt. Ltd.
India Passenger Car Tyres Aftermarket Price Performance Value Leadership Award MRF
Transformational Health India Emerging Insure-Tech Company of the Year Award Micro Insurance Services Private Limited
India Integrated CMO & CDMO Company of the Year (Emerging Markets Category) Medreich Limited (a Meiji Group Company)
India Emerging Digital Healthcare Service Provider of the Year Award Neurosynaptic Communications Pvt. Ltd.
India Ayurveda Cardiac Service Provider Company of the Year Award Madhavbaug Cardiac Care Clinics & Hospitals
India Emerging Primary Healthcare Service Provider of the Year Award Healthspring (Wellspring Healthcare Pvt. Ltd.)
India Medical Technology Innovation Leadership Award SIRONIX (A Division of Healthium Medtech Private Ltd.)
India Comprehensive Emergency Care Service Provider of the Year Award Apollo Hospitals, Chennai
India Diabetes Management Service Provider of the Year Award Diabetacare
India Clinical Research Company of the Year Veeda Clinical Research Pvt. Ltd.
Indian Cardiac Diagnostic Solutions New Product Innovation Award Uber Diagnostics (Cardiotrack)
Metals & Minerals India Ferrous Company of the Year Award Dynamatic Technologies Limited
Industrial Automation &
Process Control
India IIOT Platform Enabling Technology Leadership Award Entrib Analytics Technology Pvt. Ltd.
India Comprehensive IIOT solutions Enabling Technology Leadership Award CASCADEMIC Solutions Pvt. Ltd.
India 3D Printers Technology Innovation Award Altem Technologies (P) Ltd.
India High and premium efficiency electric motors Enabling Technology Leadership Award Siemens Ltd.
India Electric Motors Company of the Year Award Siemens Ltd.
Industrial IoT – Big Data Industry Growth Excellence Leadership Award ECOAXIS
India Positive Displacement Pumps Company of the Year Award SPX Flow Technology India Pvt. Ltd.
India Building and HVAC Segment – LV Drives Enabling Technology Leadership Award Danfoss Industries Pvt. Ltd.
India Electric Drives Competitive Strategy Innovation & Leadership Award YASKAWA India Private Limited

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

http://ww2.frost.com

Twitter: @Frost_Sullivan (Event hashtag: #FSInAwards)
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LinkedIn: https://www.linkedin.com/company-beta/4506/

Rubique Paves its Way into India’s Top 10 Fastest Growing Fintech Companies of 2017 by IDC Financial Insights

Rubique, India’s leading fintech company continues to make a mark in its endeavour to demystify complex financing processes and empowering SMEs and individuals by making financial services easily accessible. The lending company has been recognized as India’s top 10 fastest growing fintech companies of 2017 by IDC Financial Insights. Riding high on its superb tech infrastructure and immaculate services that have disrupted the Indian fintech ecosystem, Rubique shares the position along with its other Indian contenders like Capital Float, FreeCharge, Paytm etc.

IDC’s fintech list makes a reference to the Financial Insights’ Triple U framework — ubiquity, utility, and usability. This is a framework that evaluates fintech data across key metrics such as addressable market, customer adoption, investments, chance of survival, innovation, and marketing. IDC Financial Insights believes that newer categories of fintechs are gaining traction, including those focused on digital identity and authentication, blockchain, cryptocurrencies, robo-advisory, credit analytics and scoring, and usage-based insurance. The list of top 10 fintech companies by IDC was a part of the broader FinTech 101 list for Asia/Pacific.

Commenting on being announced as one of the top Indian fintech players, Manav Jeet, MD & CEO, Rubique said, “It gives us immense pleasure to be ranked as one of the top ten fintech players of India. This was made possible through our incessant emphasis on using advanced technology interventions in bringing a drastic transformation in the traditional lending landscape of India and helping a large number of customers in fulfilling their financial requirements. It is quite to see our efforts being appreciated and recognized across the country and beyond.”

Present across 27 cities Pan India, Rubique has consistently been digitizing the financial sector by bringing tech-driven paradigm shifts in traditional practices through its unique Online PLUS model. The platform enables users to get the best deals & have their loan applications processed faster through PAN verification, Aadhaar based e-KYC, credit bureau integration, banking analysis, enhanced logic in proprietary matchmaking algorithm and addition of new data science methodologies. Additionally, its AI and decision engine powered bot, Rubot is aimed at easing the transaction experience, whereas the TAB solution offers a wide SME product portfolio.

Inspired by the vision of becoming the most trusted and personalized financial services marketplace, Rubique today services more than one lakh happy customers. The fintech company has also, till date, successfully crossed over 50,000 credit card customers.

Mumbai-based Rubique was also selected by Abu Dhabi Global Market (ADGM) to be a part of the first batch of its FinTech Regulatory Laboratory (RegLab) program. The company will now develop and test its fintech innovations further as part of the program. In the Paris fintech forum 2017, Rubique was among 130+ fintech participants shortlisted across 25+ countries. In prestigious Benzinga Global Fintech Awards 2017-New York; Rubique was the finalist in the category of Best Lending Platform, Tool competing with globally renowned fintech players. These international recognitions prove that Rubique’s business model has been validated and has the potential to be replicated in territories other than India as well. Meanwhile, in India, the fintech player has recently signed a MoU with the Andhra Pradesh state government to be a part of its Fintech Valley Initiative and is foraying into the geography with its first branch in the city of Vizag.

About Rubique

Fintech Company Rubique is the leading marketplace lending platform in India. The platform empowers individuals & SMBs with an easy & smoother access to finance through wide range of loan, credit card and insurance products. Built on proprietary matchmaking algorithm, Rubique’s marketplace platform has been integrated with financial institutions’ systems for real time processing & for providing online approvals to the customer. The advance technology solution not only reduces the processing time significantly but the data analytics done on hundreds of data points helps to bring predictability & assess creditworthiness offering best deal to their customer.

Frost & Sullivan Recognizes Havells India Ltd. with “India LED Lighting Company of the Year” Award at its 2017 India Best Practices Awards Banquet

Havells India Ltd. was named “India LED Lighting Company of the Year” at the 2017 Frost & Sullivan India Best Practices Awards Banquet held on 5th October at ITC Maratha, Mumbai.

Havells India provides efficient lighting solutions with a wide range of LED products including commercial lights, industrial lights, outdoor lights, streetlights and architectural lights catering to personal as well as business needs of customers. LED lights have emerged as a powerful source for lighting over the past few years. Due to the numerous advantages of LED over conventional lighting technology, it has gained prominence in the Indian lighting market. Havells’ focus on maximizing product portfolio, expanding geographical coverage, sufficient spending on advertising and effective promotion and distribution have led to the growth of the company in India. Havells has over 40 branch offices, 415 brand showrooms called ‘Havells Galaxies’, 6500 Dealers and over 1 lakh retail outlets across the country. Owing to strong in-house manufacturing, competent installation team, strong service network and capability to execute high value projects, Havells has emerged as a leader in the LED lighting market.

Congratulating Havells India on winning the award, Niju V, Director, Measurement & Instrumentation Practice, Frost & Sullivan, said “LED lighting is emerging as an exciting market with immense opportunities for companies where innovation and new business models define market leadership. Havells has transformed itself successfully as a key leader in the LED lighting space with the focus on domestically developed and manufactured products. Havells’ technical capabilities and its vast distribution network in the electrical goods and appliances domain have been instrumental in propelling its LED business. The company is considered a technology leader and has made in-roads into IoT based lighting solutions market for which its status as a preferred partner for smart city lighting solution stands as testimony.”

Anil Bhasin, Executive Vice President, Havells India Ltd. said, “It is an honor to be recognized as ‘India LED Lighting Company of the Year’ by Frost & Sullivan. This award is a testament to our contribution in revolutionizing the industry offerings by developing innovative and efficient lighting solutions, deploying contemporary technology and bringing best in class industrial practices. We are confident that with our innovative and energy efficient new age LED solutions, Havells will continue to achieve new echelons of success.”

Frost & Sullivan Awards recognize companies across regional and global markets for outstanding achievement and performance in a range of regional and global markets for superior leadership, technological innovation, customer service, strategic product development, etc.

An eminent jury deliberated on structured data along with research backed presentation/recommendations by our Senior Industry Experts to shortlist nominees. Frost & Sullivan’s industry experts track markets and companies by holding detailed interactions with industry experts, market participants, end users, other stakeholders/value chain players, and by extensive research of proprietary data to compile the Jury Evaluation Matrix. Post evaluation and deliberation, the jury finalizes the awardee from among the nominees.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

About Havells India Ltd.

Havells India Ltd. is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables & Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches, Water Heaters, Air Conditioners and Domestic Appliances covering the entire gamut of household, commercial and industrial electrical needs. Havells owns prestigious brands like Havells, Crabtree, Standard Promptec and Lloyd. With 40 branch offices and over 6500 professionals Havells has achieved rapid success in the past few years. Its 12 state-of-the-art manufacturing units in India located at Haridwar, Baddi, Noida, Sahibabad, Faridabad, Guwahati, Alwar and Neemrana are manufacturing globally acclaimed products, synonymous with excellence and precision in the electrical industry.

Website: https://ww2.frost.com/

Twitter: @Frost_Sullivan (Event hashtag – #FSInAwards)
Facebook: http://www.facebook.com/frostandsullivan
LinkedIn: https://www.linkedin.com/company-beta/4506/

Frost & Sullivan Bestows MicroEnsure with “India Emerging Insure-tech Company of the Year” Award at its 2017 India Best Practices Awards Banquet

MicroEnsure was named ‘India Emerging Insure-tech Company of the Year’ at the 2017 Frost & Sullivan India Best Practices Award Banquet held on October 05, 2017 at ITC Maratha, Mumbai.

MicroEnsure has been addressing the insurance needs of low-to-middle income groups in Asia and Africa for over a decade through its innovative range of products. The company has successfully implemented affordable health insurance services by providing accessible, affordable and effective insurance to the mass market in India. In 2015, MicroEnsure in association with Telenor India launched a product called ‘Telenor Suraksha’, which enrolled more than 20 million customers for life insurance by early 2016. Notably, more than 90% of the enrolled customers had never been insured. The company continues to grow with a goal to reach 100 million registered customers by 2025. Its business model focuses on maximizing and empowering its potential through MNO (Mobile Network Operator), financial institutions and other distribution partners.

Congratulating MicroEnsure on the award, Dr. Sunaina Singh, Senior Consultant, Transformational Health (Healthcare) Practice, Frost & Sullivan said, “MicroEnsure has had a very successful year – 2016. The company has demonstrated enormous growth with over 17 million customer enrolments in India through the implementation of its unique product named ‘Telenor Suraksha’. MicroEnsure strategically leverages this digital platform and replaces the traditional and complicated customer acquisition techniques, providing more affordability and accessibility to the customers. The underlying philosophy behind the company’s leading position is attributed to its in-depth market knowledge, pace of innovation, customer-centric approach and strong business model. MicroEnsure is set to make a mark in the mass health insurance market in India by maximizing and empowering its potential through Mobile Network Operator (MNO), financial institutions and other distribution partners.”

Talking about the award, Richard Leftley, Founder and CEO, MicroEnsure said, “We are delighted to receive this prestigious award that reflects the teamwork and collaboration between MicroEnsure, Telenor India and Shriram. We have been able to successfully design and deliver an innovative mass market insure-tech solution, which is simple and easy to access for Telenor customers from enrolment via mobile phones to a rapid claims process, providing a safety net to millions of Indian families.”

Frost & Sullivan Awards recognize companies across regional and global markets for outstanding achievement and performance in a range of regional and global markets for superior leadership, technological innovation, customer service, strategic product development, etc.

Frost & Sullivan’s 360° Research Methodology™ represents the analytical rigor of our research process. It offers a 360° view of industry challenges, trends, and issues by integrating all 7 of Frost & Sullivan’s research methodologies. Too often, companies make important growth decisions based on a narrow understanding of their environment, leading to errors of both omission and commission. Successful growth strategies are founded on a thorough understanding of market, technical, economic, financial, customer, best practices, and demographic analyses. The integration of these research disciplines into the 360° Research Methodology™ provides an evaluation platform for benchmarking industry players and for identifying those performing at best-in-class levels. 

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

https://ww2.frost.com/

Twitter: @Frost_Sullivan (Event hashtag – #FSInAwards)
Facebook: http://www.facebook.com/frostandsullivan
LinkedIn: https://www.linkedin.com/company-beta/4506/

About MicroEnsure 

For more than 10 years, MicroEnsure has changed the dynamics of the global insurance value chain to address key challenges in micro insurance. As an insurance intermediary, MicroEnsure partners with insurance carriers and distributors, including telecoms, banks and micro-finance institutions, to provide unprecedented access to valuable insurance coverage for vulnerable populations. With a focus on design to create simple and affordable insurance policies to the mass market, MicroEnsure has launched more than 200 micro insurance products in Africa and Asia across a range of product risk categories serving more than 56 million low income customers providing a safety net in the event of an unanticipated financial shock.

www.microensure.com

Frost & Sullivan’s GIL India 2017 Summit Discussed Digital Strategies, Emerging Technologies and Business Models Fostering India’s Evolution as a Global Powerhouse

CXOs across industries convened at Frost & Sullivan’s 9th edition of Growth Innovation & Leadership (GIL) India 2017 Summit to discuss how disruptive innovation is reshaping industries and how organizations need to digitally re-imagine their business initiatives to fulfill digital transformation mandates. The Summit held on October 05th in Mumbai presented phenomenal sessions by illustrious panelists, Frost & Sullivan industry experts, and thought-provoking insights from various industry luminaries and bureaucrats.

This year Frost & Sullivan felicitated Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group with the “2017: GIL Visionary Leadership Award” for his relentless philanthropical pursuits and his determination in building one of the largest conglomerates in India. He joins an elite roster of Visionaries, Innovators and Leaders who have received this award previously, including corporate honchos such as Ratan Tata, Anu Aga, Neftaly Malatije, Archbishop Desmond Tutu, Sir Richard Branson, Mitchell Baker, and Jack Andraka.

To know about GIL India 2018 or for partnership opportunities, please contact: neetaj@frost.com or visit: www.frost.com/GILIndia. You can also get updates on Twitter and LinkedIn from the hashtag: #GILIndia.

The GIL India journey began with insights from Frost & Sullivan’s Global President & Managing Partner, Aroop Zutshi on technology as an enabler and as a disrupter across industries and how India is becoming a hub for innovation and growth. His session highlighted organizations aiming at an exponential growth instead of linear growth to leverage opportunities due to digitization.

Talking about this year’s Summit he said, “Digital Transformation continues to be the catalyst driving innovation, productivity and growth for companies of today. The GIL Executive Summit this year underlined key benefits as the integration of disruptive technologies, new business models and mega trends has now become a mandate for a company’s growth strategy. The participants this year are indeed all progressive business leaders and visionary thinkers who have pushed beyond their personal and organizational boundaries to create future ready enterprises.”

The Think Tank conducted by Frost & Sullivan’s Anand S, Vice President and Haritha Ramachandran, Associate Director, Digital Transformation (ICT) Practice on ‘Mapping Digital Readiness and Embracing Disruption’ assessed the digital readiness of participants both from an individual as well as an industry perspective. It shed light on findings from Frost & Sullivan’s ‘Indian Enterprise Digital Readiness Index’ across top verticals.

Interactive panel discussions with key decision makers and business specialists highlighted various transformational scenarios across industries. Big Data, Analytics, Connected Devices, OTT and IoT eco-systems were some of the key topics discussed by the eclectic line-up of speakers. The Summit also covered various emerging technologies like new business models, mixed reality, next-gen computing experiences, e-mobility, data monetization, to name a few. An interesting panel discussion addressing women customers and how harnessing the power of women in an economy or organization will help yield significant returns and uncover that trillion-dollar customer, was also held.

Frost & Sullivan also announced the Top 3 ranking states from its Annual Growth Innovation Leadership Index for Economic Development in India, along with the Companies to Action Awards at the Summit. The Top 3 ranking states were Maharashtra, Tamil Nadu and Karnataka. Ms. Shweta Shalini, an advisor to Maharashtra’s Chief Minister, graced the occasion by receiving the award on behalf of Maharashtra State Government. She represents and heads several committees that come under the CM’s office. One of the largest is a Section 8 Company – Village Social Transformation Foundation. The foundation converges all online and offline efforts of the Government and various other corporates, NGOs and communities in Maharashtra.

A few of the thought leaders and industry experts who participated and shared their insights were:

  •  Dr. A. Velumani, Creator and MD, Thyrocare
  • Dr. Seshu Bhagavathula, Chief Technology Officer, Ashok Leyland Group
  • Harshbeena S Zaveri, Vice Chairman & Managing Director, NRB Bearings Ltd.
  • Jaspreet Bindra, Senior Vice President – Digital Transformation, Group Strategy Office, Mahindra & Mahindra Ltd
  • Juergen Hase, CEO, Unlimit Powered by Reliance
  • Peter Gartenberg, General Manager, Enterprise Partner Group (EPG), Microsoft India
  • Priti Mohile, Co-Founder & Managing Director, MediaMedic Communications Pvt. Ltd.
  • Ramashankar Pandey, Managing Director, Hella India Lighting Ltd.
  • Santosh Datta, Head of Automotive Systems Integration (India), Robert Bosch Engineering & Business Solutions Ltd.
  • Satya Raghavan, Head of Entertainment, YouTube India
  • Sunil Kumar Singhal, Advisor, Telecom Regulatory Authority of India (TRAI)

The evening concluded with Frost & Sullivan’s 2017 India Best Practices Awards Banquet, which lauded Indian enterprises pushing the boundaries of excellence and envisioning innovation across industries. This year 57 awards were presented to a range of deserving companies across various industries such as Electronics & Appliances, Energy & Environment, Digital Media, Industrial Automation & Process Control, Metals & Minerals, Mobility, Tech Vision, and Transformational Health.

To access the complete list of Frost & Sullivan’s 2017 India Best Practices Award recipients, please click here.

The event was supported by: Associate Partner – Unlimit; Digital Partner – Kellton Tech; Bronze Partner – ISYX Technologies; and Media Partners – Automation Connect, Channel Times, Commercial Vehicle, Convergence Plus, CXO Today, Mtlexs, Sustainability Next, Telecom Watch, The CEO Magazine and The Smart CEO.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Website: http://ww2.frost.com

Twitter: @Frost_Sullivan (Event hashtag: #GILIndia)
Facebook: http://www.facebook.com/frostandsullivan
LinkedIn: https://www.linkedin.com/company-beta/4506

Introducing Salarpuria Sattva Park Cubix

Salarpuria Sattva Group today announces the launch of its latest residential property, Park Cubix located at Devanahalli, North Bangalore. Park Cubix is one of the first projects in Bengaluru to receive the RERA approval.

Sprawled across 18.18 acres, the gated residential community boasts of contemporary style architecture. The township offers 1620 units comprising of 1, 2 & 3 bedroom luxury apartments with the majority of the units overlooking two lush green central parks. The size of the apartments range from 658 to 1498 sq. ft. of super built up area and the project will be completed in two phases. The residential units are adeptly outlined with modern, urban themes making use of available space to compose a capacious, roomy habitat for an endless living.

Speaking on the launch of the project Mr. Bijay Agarwal, MD of the Salarpuria Sattva Group said, “We are proud to be one of the first developers to launch a RERA approved project in Bengaluru. Our benchmark project in Devanahalli town, Park Cubix offers safety, comfort as well as being strategically located. A comprehensive and complete mixed development gated community, Park Cubix has been planned and designed to create eco-friendly dwellings. Moving forward, the Salarpuria Sattva Group aims at receiving RERA approval for all its future projects.”

Park Cubix is fully equipped with top-notch amenities that have been thoughtfully designed to provide maximum benefits. Various recreational and community amenities are offered which includes an exclusive clubhouse with gymnasium, swimming pool with lap’s pool, kid’s zone, tree-lined pathways, jogging/walking tracks, manicured gardens, indoor-outdoor sports facilities, multi-purpose hall, 24 hour power backup, intercom facilities, round the clock security monitoring, waste management facilities, rain water harvesting and methodically planned parking space etc.

Salarpuria Sattva Group continues to deliver their promise of providing not only beautiful homes with state-of-the-art amenities but also homes that ensure safety and promote environment-friendly spaces. The Group has strategic plans to launch more projects by the end of 2017. 

About Salarpuria Sattva

Founded in 1986, the Salarpuria Sattva Group has grown into one of the most trusted builders in the country today. It has a formidable presence in Bangalore, where it is headquartered; it is also a well-known name in Kolkata, Pune, Jaipur, Vizag, Hyderabad and Chennai. The Group has plans to venture into more cities in the near future. With 22 million sq. ft. spaces completed, 18 million sq. ft. under construction and 30 million more in stages of design and planning, the Group is one of the premium builders in India today. Salarpuria Sattva’s unwavering adherence to quality has given it the ‘trusted’ tag among builders in the country. CRISIL – a global analytical company providing ratings, research and risk and policy advisory services, has given A ‘stable’ rating to the Salarpuria Sattva brand while also being rated as an ICRA ‘A’ stable rated company. The founding member of the Indian Green Building Council, the Group is ISO 9001, 14001, 18001 certified. The brand has been awarded with prestigious awards like the NDTV Property Award, ET, and CNBC -AWAZ -CRISIL- CREDAI Real Estate Awards.

Largest Sporting Goods Retailer, Decathlon Boosts Ground-Level Distribution Visibility with LogiNext

The largest sporting goods retailer worldwide ties up with one of the leading SaaS companies in logistics and field workforce optimization. Decathlon partners with LogiNext to extend the power of its superior distribution network in multiple developing markets. Through this partnership, it looks to recreate its French market domination in other countries. Through machine learning algorithms designed to read traffic and weather patterns from historical delivery movement information, LogiNext, has managed to set-up a unique solution set for Decathlon that offers exceptional logistics movement visibility across geographies.

Along with movement visibility, hub-load analytics around fleet movement can be automated using LogiNext’s planning engine. Tracking the fleet vehicles through a centralized controlling dashboard, Decathlon can plan their delivery routes and estimated time of arrivals backed by actual real-time ground-level location analytics. This would help them eliminate bottlenecks, both predictable and unpredictable, such as planning for the workforce for loading and unloading around the regularly updated estimated time of arrivals.

LogiNext CEO, Dhruvil Sanghvi, laid out his vision for the innovative partnership between his company and Decathlon, “We now know that logistics movement can be a huge bottleneck or a smooth dissemination engine, based on how you upgrade and maintain your delivery management system. Decathlon has built its worldwide following through extensive, exhaustive, and intriguing product lineups. We would help them ensure complete visibility for their distribution to their retail outlets.”

About Decathlon

Decathlon, founded in 1976, has grown to more than €11 billion in 2017. Spread across 28 countries across the world, the sports retailer has consolidated its powerful base in Europe, while expanding in South and Southeast Asia. It has more than 1100 stores worldwide, and a significant workforce of more than 75,000 professionals.

About LogiNext

LogiNext offers workforce optimization, real-time tracking, route optimization, resource allocation automation, long-haul tracking, and on-demand management to more than 250 enterprise clients. LogiNext has products for last mile management, field workforce management, long-haul tracking and management, on-demand and reverse logistics management.

LogiNext is backed by Alibaba through its funded One97 Communication Ltd. LogiNext leads the resource optimization industry with expert in-depth analytics in workforce and logistics movement across the globe.

CA Technologies Study Reveals APIs Contribute to Business Success with Wide Adoption in India

Results from the latest CA Technologies (NASDAQ:CA) global study reveal that a majority of surveyed organizations in India recognized the importance of Application Programming Interfaces (APIs) in business growth, with an impressive 91 percent adoption rate.

The study, APIs: Building a Connected Business in the App Economy, examines responses from 1,770 senior business and IT executives worldwide, with 799 from across the Asia Pacific and Japan (APJ) region, on how they are capitalizing on APIs to boost their business in the app economy.

Surveyed organizations in India are seeing APIs having a positive impact leading to better business results across all quantitative KPIs including:

  • Customer satisfaction: 60 percent improvement
  • Transaction volumes: 60 percent increase
  • Partner satisfaction: 58 percent improvement
  • Number of compliance audit failures: 58 percent reduction

According to the study, 85 percent of the Indian firms are confident in the effectiveness of APIs in helping them to differentiate from the competition. This confidence level exhibited by the Indian firms is the highest in APJ, and higher than the average APJ response of 55 percent.

They also reported that APIs help improve qualitative KPIs in the following areas:

97 percent reported improvement in customer experience, the highest rate in APJ
95 percent reported improvement in digital reach
93 percent agreed that APIs help streamline the supply/demand chain
83 percent reported improvement in leveraging third party innovation

Use of Advanced Full Lifecycle API Management

APIs are crucial to success in the application economy. However, simply using APIs is not enough. Effective management of API lifecycle is key to truly reap its benefits from conception to consumption. This full lifecycle approach to API management requires a wide and complex range of capabilities. It demands the ability to connect legacy and current systems; rapidly create APIs in order to safely expose data; integrate this with back-end data and legacy apps; protect these integrations with the right levels of security; accelerate mobile development; and unlock the value of the resulting digital ecosystems through analytics and monetization.

With this in mind, the study’s API management maturity model assesses how far organizations have implemented the tools and technologies, systems and processes, and the capabilities required for full lifecycle API management.

The study found that 55 percent of surveyed organizations in APJ are advanced users of API management. These advanced users are much more confident at being able to differentiate themselves from the competition (81 percent) than basic API management users (50 percent). 74 percent of India respondents are advanced users, second highest across all of APJ countries.

“APIs empower enterprises to quickly modernize legacy architectures, add value to existing IT assets and create new product opportunities or revenue streams. Companies of all sizes, in all sectors, are using APIs to level the competitive playing field, and cope better with the rising volume, scale and volatility of customer-facing apps,” said Animesh Kumar Sahay, senior country director, Sales, Enterprise and Telecom, India, CA Technologies. He further stated that, “It is encouraging to learn that India has very high API adoption rates. The study clearly shows that investing in advanced capabilities throughout the full lifecycle approach to API management results in the greatest value and success.”

Resources
APIs: Building a Connected Business in the App Economy – Report
Plug In and Amp Your Business With APIs – Infographic

About the Research/Coleman Parkes

Conducted by Coleman Parkes Research Ltd. in May-June, 2016 and commissioned by CA Technologies, the survey included 1,770 senior business and IT executives from large enterprises, across 21 countries and 10 industry sectors. A total of 799 respondents were from APJ, which covered Australia, China, Hong Kong, India, Japan, South Korea, Indonesia, Malaysia, Singapore and Thailand.

Coleman Parkes, formed in 2000, provides action-focused marketing research on a global scale. The company offers a full research and consultancy service across all markets, while specializing in business-to-business research with a focus on IT, technology and communications research. For more information, please visit www.coleman-parkes.co.uk.

About CA Technologies

CA Technologies (NASDAQ:CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.

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Copyright © 2017 CA, Inc. All Rights Reserved. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

Delta Showcases a Brand New Display Portfolio and Innovations with the Launch of 4K Display Solutions at InfoComm India 2017

Delta, a global leader in power and thermal management technologies and a pioneer in display solutions, is unveiling its smart displays for smart cities at InfoComm India 2017. At the show, Delta will showcase its 4K Laser DLP® Video wall, which fully supports a 4K resolution, the 3rd Generation Distributed Vision Control System, DVCS®, Outdoor Smart Billboards, the Fine Pitch LED Display and its Xtra narrow bezel LCD video wall with as low as 1.8mm bezel to bezel gap.

The state-of-the-art Delta 4K Laser Video wall solution features an xtra slim form factor, 560mm-depth, an unmatched 4K (3840 x 2160) resolution, a high brightness of 4,000 lumens and a brightness uniformity greater than 95 percent. Its built-in Intelli-Sense function monitors the various parameters of the system and automatically performs real-time adjustments for 24×7 operations. The Laser Video Wall is leading in the industry to offer a certified IP6X protection rating and an optical sealed engine for up to 100,000 hours of worry-free operation.

The 4K DLP® Laser Video Wall will be paired with Delta’s DVCS® (Distributive Vision Control System), a high-performance IP-based control system designed to fulfill the sophisticated needs of control room applications to ensure a perfect continuity of images across multiple cubes. DVCS® Gen. 3 is capable of handling 4K resolution input and output with 60 frames per second (fps) performance. This platform, which can manage multiple video sources on a single display, enlarge a single video signal to multiple displays or enable centralized control of several video walls, creates an unparalleled reliable, flexible and scalable display solution capable of fulfilling critical applications, such as utilities, surveillance, disaster control and traffic supervision.

Delta’s Smart Billboards with 6mm pixel pitch and an exceptional image quality will also be showcased at the booth. Smart Billboards are used as a medium of information broadcasting, advertising and to show city related parameters status.

The brand-new indoor Fine Pitch LED Displays of 1.2mm, 1.5mm and 1.8mm pixel pitch, take Delta’s display solutions to the next level. With high contrast, high refresh rate, fast response time and a high motion rate, the Fine Pitch LED offers a true-to-life display. With advantages including low power consumption, longevity, seamless integration, compactness, energy efficiency and ultra-high resolution, this LED Display is suitable for large conference centers, cinemas, transportation and retail applications.

Delta’s booth will also display the latest Xtra-narrow bezel LCD video wall, which offers Full HD Resolution. The LCDs possess an exceptional brightness of 700 nits (55-inch cubes) and a minimum 1.8mm combined bezel width. With Full HD display, these LED-LCD video walls allow a seamless connection between each display, creating a powerful, high-impact visual experience for viewers.

Join Delta at InfoComm India 2017, India’s largest exhibition showcasing professional Audio Visual (pro-AV) and Information Communications Technology (ICT) solutions, held in Mumbai from September 26 to 28.

About Delta 

Delta, founded in 1971, is a global leader in power and thermal management solutions and a major player in several product segments such as industrial automation, displays, and networking. Its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” focuses on addressing key environmental issues such as global climate change. As an energy-saving solutions provider with core competencies in power electronics and innovative research and development, Delta’s business categories include Power Electronics, Automation, and Infrastructure. Delta has 153 sales offices, 61 R&D centers and 40 manufacturing facilities worldwide.

Throughout its history, Delta has received many global awards and recognition for its business achievements, innovative technologies and dedication to corporate social responsibility. Since 2011, Delta has been selected as a member of the Dow Jones Sustainability™ World Index (DJSI World) for 7 consecutive years. In 2016, Delta was selected out of 5,800 large companies by CDP (formerly the Carbon Disclosure Project) for its Climate Change Leadership Level.

About Delta Displays

Delta Displays, a division of Delta, is a pioneer in developing professional displays for control rooms in surveillance, security, traffic, command & control, utilities, process control, telecom and broadcast applications. Delta offers a wide array of display technologies including: rear projection DLP® video walls with Laser and Next-Gen LED technology, Xtra thin-bezel LCD video walls, and high-resolution indoor/outdoor LED displays with a powerful & highly flexible Wall management Software suite.

More information about Delta Displays can be found at www.deltadisplays.com

Delta Launches Vivitek Laser-based Large Venue Projectors and 4K NovoTouch Solutions at InfoComm India 2017

Delta Group, a global leader in power and thermal management solutions, together with its brand, Vivitek, a leading manufacturer of visual display and presentation products, are launching Vivitek’s 4K projection and visual solutions at InfoComm India, from 26th-28th September 2017 in Mumbai, India. The Delta booth is displaying a broad range of Vivitek’s solutions that help boost productivity and enhance collaboration for organizations and institutions.

Vivitek’s laser projectors feature brightness levels ranging from 5,500 to 18,000 ANSI lumens and contrast ratios as high as 20,000:1 producing rich colors for an amazing cinematic-like movie experience. This series of projectors can meet the needs of any large venue application with resolution options of WUXGA, UHD and 1080p, and guaranteed easy installation with lens focus, zoom, and horizontal and vertical adjustments options. Designed for heavy duty 24/7 operations, the laser phosphor optical engine offers up to 20,000 hours lifetime.

Vivitek’s visual solutions to be showcased including:
DU9800Z native WUXGA laser projector  Featuring 18,000 ANSI lumens with a native WUXGA (1,920 x 1,200) resolution and 10,000:1 contrast (with DB on) for impeccable colors and outstanding details, the DU9800Z is almost maintenance-free with up to 20,000 hours of operating time. With a 360° operation and projection design, the DU9800Z can be installed at almost any angle.

DK8500Zultra 4K HD laser projector  A true UHD-4K resolution projector, the DK8500Z boasts 7,500 ANSI lumens of brightness, 100,000:1 contrast ratio, embedded edge blending and custom warping features. With eight optional lens options, 360-degree landscape and portrait mode projection, as well as vertical & horizontal lens shift, it is an ideal solution for Large Venue applications.

DU4671Z highperformance WUXGA laser projector With HDBaseT™, MHL compatibility and a full suite of display ports, the DU4671Z boasts 5,500 ANSI lumens of brightness with a dynamic 20,000:1 contrast ratio for vivid images. The DU4671Z comes with manual zoom and focus, horizontal and vertical lens shift delivering installation convenience and flexibility to the user.

DH765Z-UST fullHD ultra-short throw laser projector With a high 4,000ANSI lumens of brightness, powerful audio speakers and multiple I/O connections. The ultra-short throw projector design, with embedded reflective mirror, allows for a diagonal image of 80” to 150” in size from an extremely close distance of 40cm away from the projection surface.

Also on display will be Vivitek’s latest 4K interactive Flat Panel Displays (iFPD):

NovoTouch (iFPD Screens): With a range comprising the LK6530i, LK7530i, LK8630i and LK9830i, each product offers a rich feature set. The new iFPD screens are available in Ultra HD 4K resolution, delivering outstanding detail and stunning visuals. With 20-point touch capabilities (10 writing) integrated with the NovoConnect Solution, NovoTouch is a perfect solution for wireless presentation and content sharing for corporate and education environments. The NovoTouch includes additional enhanced functions, such as voting and polling, moderation, on-screen annotation, whiteboard software and more.

Please join Delta and visit Vivitek at Infocomm India 2017 from 26th-28th September at Booth No. F10, Hall 1, Bombay Exhibtion Centre, Mumbai.

About Vivitek

Vivitek, a brand of Delta, manufactures an extensive line of visual display and presentation products. Vivitek’s line of digital projection and display products incorporates the latest innovations and technologies to meet market demand for education, business, home theater and large venues.

For more information about Vivitek, please visit www.vivitek.in

About Delta 

Delta, founded in 1971, is a global leader in power and thermal management solutions and a major player in several product segments such as industrial automation, displays, and networking. Its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” focuses on addressing key environmental issues such as global climate change. As an energy-saving solutions provider with core competencies in power electronics and innovative research and development, Delta’s business domains include Power Electronics, Energy Management, and Smart Green Life. Delta has 153 sales offices, 61 R&D centres and 40 manufacturing facilities worldwide.

Throughout its history, Delta has received many global awards and recognition for its business achievements, innovative technologies and dedication to corporate social responsibility. Since 2011, Delta has been selected as a member of the Dow Jones Sustainability™ World Index (DJSI World) for 7 consecutive years. In 2016, Delta was ranked by CDP (formerly the Carbon Disclosure Project) at the Climate Change Leadership Level.

For more information about Delta, please visit: www.deltaww.com

63rd AGM of TEXPROCIL Held in Mumbai on 26th September 2017

While appreciating the government for taking various steps like Refund of State Levies, continuing the duty drawback etc., the Chairman of The Cotton Textiles Export Promotion Council (TEXPROCIL), Shri Ujwal Lahoti in his speech at the 63rd Annual General Meeting of the Council requested the government to also address the issue of “Embedded Central / State Levies” which have not been subsumed under the GST and add to the costs of the exporter even after GST refunds are claimed.

He mentioned that with the present Export Promotion schemes like EPCG, Advance Authorisation Scheme, MEIS undergoing changes due to GST, trade is now witnessing a paradigm shift from an ‘exemption regime’ to a ‘refund regime’ in claiming export benefits, thereby leading to working capital/ liquidity crunch.

With the implementation of GST, Shri Lahoti cautioned that there are some critical issues which need to be addressed by the Government on a priority basis in order to facilitate a smoother transition. He highlighted issues such as the inordinate delay in the refund of GST on exports and Bond / LUT for Merchant Exporters under GST.

He also urged the government to expedite the FTA with EU as exporters face stiff competition from countries that have preferential duties with the EU and are losing market share to them. As per a study done by Ernst Young it was estimated that 55 lakh jobs can be created if FTAs with EU, Australia and Canada are finalised.

India’s Only International Trade Fair on Organic Products will Open its Doors on 9th November 2017!

The ninth edition of BIOFACH INDIA together with INDIA ORGANIC, the only organic platform in India to connect and network with your target audience is scheduled to be held from 9th-11th November 2017 at India Expo Mart, Greater Noida, U.P. (Delhi- NCR), India.

For the first time this year, the event will be held concurrently with the Organic World Congress of IFOAM Organics International which is held once in every three years in a different country. It is the leading event for the development of the organic sector worldwide. It is a mega conference where a large number of organic industry stakeholders from all corners of the world congregate to share expertise, latest innovations, best practices and discoveries about organic agriculture and discuss solutions to impediments faced by the organic sector at large.

The Government of India through its Ministry of Agriculture and Farmers Welfare is co-organizer of the Organic World Congress. The Hon. Prime Minister of India, Shri. Narendra Modi has been constantly stressing on according due priority to the organic food sector. He identified Organic Farming as a National Priority and emphasized the need to grow this sector in his maiden speech to the Parliament.

The trade fair along with the Congress will provide a much needed fillip and platform for the promotion and growth of the organic industry in India along with imparting education about the benefits of embracing an organic lifestyle. Anyone and everyone linked in any way to organic must attend, along with the common man who simply wishes to learn more about organic industry or wants to witness the latest organic products in the market.

BIOFACH INDIA together with INDIA ORGANIC will attract participation from many leading organizations such as: Brahm Arpan, MRT Organics, 24 Letter Mantra, Phalada Agro, Just Organik, Radico, Mehrotra Consumer Products, Agronic Food, Sarveshwar Foods, Natureland Organic, Cultivator Natural Products, Samruddhi Organic Farms, Kejriwal Bee care, Terra Greens and many more. Besides food and beverage, the event will witness participation from the natural care and wellness sector, organic textiles sector, certification bodies as well as leading country and state pavilions including Government Boards. The trade fair combined with the Organic World Congress expects a turnout of approximately 10000 visitors over a period of three days.

Business development is a key theme of the trade fair and this gets concentrated at the personalized B2B meetings organized onsite during the event. International buyers from all over the world meet domestic buyers to extend their network and develop new procurement sources.

On the knowledge and education side, an International Conference will be held to deliberate on the current practices / trends / challenges faced by the organic sector with eminent key National and International speakers from relevant industry.

According to a recently published report by TechSci Research ‘India Organic Food Market Forecast and Opportunities, 2017’, the organic food market in India is expected to grow at the CAGR of around 19% during 2012-17. The growth in the market is also being contributed by the foray of several retail giants and online retailers in the Indian organic food market. Over the last few years, several players have started to offer organic food products through online channel.

The organic food market in India is projected to register growth at a CAGR of over 25% during 2015-20. India’s organic food market has potential to grow more than 25 per cent annually to touch $1.36 billion by 2020. The market is growing at 25-30 per cent at present.

More growth is expected in future as the government is increasingly supporting organic farming in the form of subsidies and is also planning to roll out a comprehensive policy in this regard. As per the government data, organic farming is practised in 12 states in about 4.72 million hectares.

Says Sajid Desai, CEO, NürnbergMesse India, “With the continuing spurt in health concerns, especially in metropolitan areas, our priorities revolve around boosting organic growth and conveying the importance of practicing a healthy lifestyle through our existing platform. We are pleased to be holding BIOFACH INDIA together with INDIA ORGANIC concurrent to the Organic World Congress. The synergy derived from holding both events at the same venue will not just be beneficial in terms of education towards a healthier way of life but will also be influential in placing India on the world map as a country that traces its origins to an organic and holistic way of living.”

Adds Manoj Kumar Menon, Executive Director, ICCOA, “Globally as well as in India, ICCOA, with its experience of over 12 years of working across India and working directly with over 60,000 farmers, shares its learnings with the stakeholders that it networks with. It is like a mini-IFOAM in India, and brings these advantages to the annual BIOFACH INDIA together with INDIA ORGANIC trade fair (BIIO). BIIO 2017 will happen in Greater Noida and will collocate with IFOAM’s Organic World Congress. This year’s OWC promises to be more farmer-focused and showcase India’s farmers and their organic diversity. The BIOFACH event will continue to focus on business and connect farmers to organic businesses.”

Exhibitor Testimonials

“BIOFACH has always been an amazing platform for us to showcase our company and products, and doing so at its Indian counterpart gives us immense pride. We are glad to be presenting our company – one of the largest exporters of organic food and fibers in India at India’s premier organic trade show. We look forward to meeting fellow experts and industry partners and to make connections that will allow us to thrive and excel in upcoming projects” – Sameer Mehra, MD, Suminter India Organics

“MRT Organic are India’s largest range of certified products retailers and exporters under NPOP, NOP and EU standards. MRT’s strong network of 35000 farmers are working across 29 states of India and 14 countries and are upholding the mission of producing more than 500 number of best organic produce under sustainable development program around the world. BIOFACH INDIA provides us with a platform to expand our network all over the world and make our sustainable mission fruitful” – Mahibalan, MD, MRT Organic

About the Organizers

The NürnbergMesse Group is one of the 15 largest exhibition companies in the world. Its portfolio covers some 120 national and international exhibitions and congresses, and approximately 40 sponsored pavilions at Nürnberg and worldwide. Every year around 30,000 exhibitors (international share 39%) and up to 1.4 million visitors (international share of trade visitors 22%) participate in the own, partner and guest events of NürnbergMesse. The Group is present with subsidiaries in China, North America, Brazil, Italy and India. The group also has a network of about 50 representatives operating in around 100 countries.

ICCOA—International Competence Centre for Organic Agriculture—started as a knowledge centre for all stakeholders involved in the organic sector and was registered as a society in 2004. Today it works in 12 states of India reaching out to around 270 member organizations and more than 2 lakh farmers. The organization collaborates and networks with individuals, farmer organizations, consumer organizations, voluntary organizations, corporate bodies, research institutions and government departments in India and South Asia.

BIOFACH World has proven expertise in the area of organic food. The international organic industry meets every year in Nürnberg at BIOFACH, the world’s leading trade fair for organic food. BIOFACH World is represented across the globe by five other BIOFACH events in Japan, the US, South America, China and India, and brings together over 3,000 exhibitors and 100,000 trade visitors year after year.

All press articles along with additional information and photos are available at www.biofach-india.com/press

High Demand for Laboratory and Analytical Equipments Witnessed at analytica Anacon India and India Lab Expo 2017

The 10th annual edition of analytica Anacon India and India Lab Expo successfully concluded in Hyderabad at HITEX Exhibition Center. 259 exhibitors from 11 countries showcased products, recent developments and market trends from laboratory instruments, analysis, diagnostics and biotechnology from September 21 to 23, 2017. Spread over 10,500 square metersthe trade fair witnessed a growth in visitors as compared to the previous year, resulting to 7,714 trade visitors.

To stay connected with industry needs, Messe Muenchen India released a market study on analytical instruments industry which highlighted that Government and academia are the largest buyer (40%) followed by Research and Pharmaceutical industry and the Indian analytical instrument industry is expected to reach 2.4 bn EUR between 2012-20 at 17% CAGR.

Dr. Reinhard Pfeiffer, Deputy CEO at Messe München, resumes the exhibition: “India’s market for laboratory instruments, analysis, diagnostics and biotechnology is on the rise. This upswing underlines just how important our event is as a showcase for solutions to the current challenges being faced in the country, and as a forum for bringing together supply and demand. With our analytica network and its trade shows in Munich, China, Vietnam and India we are able to provide an excellent marketplace for our customers and enable successful business.”

Delighted with the overwhelming response at the fair, Chirag Khambati – Marketing Program Manager – ‎Agilent Technologies said: “Analytica Anacon has always been a great event for us. This expo gives us an opportunity to meet and interact with the new customers. We also participate in buyer-seller forum. We always look forward to better footfall so that we receive good returns for our investments.”

Bhupinder Singh, CEO, Messe Muenchen India said: “With every passing year we have always gone one level up for analytica Anacon India and India Lab Expo. The growth path on which the industry is right now is clearly visible at the trade show. Here in Hyderabad, our exhibitors and visitors find the perfect platform for a successful development of their business. A number of supporting and informative programs for the benefit of the business and industry were included to spread awareness for the current needs and latest developments of the industry.”

analytica Anacon India Conference

Indian Analytical Instruments Association (IAIA) in partnership with Messe Muenchen India organized analytica Anacon India Conference which brought together four industry specific topics during the two days. Some of the key topics at the conference were Data Integrity, Audits and Regulatory Affairs, Extractable, Leachable and Emerging Technologies for Pharmaceutical Laboratories among others. Dr. Ashes Ganguly, President IAIA said: “analytica Anacon India and India Lab exhibition and conference in one word is outstanding. We achieved what we expected from the event. Messe Muenchen India should look for newer markets to cater to the growing needs of the industry in the long run.”

Supporting Program: Live Lab demonstrations and workshop

The Live Lab demonstrations gave an overview of important methods of working in a laboratory. The presentations on ‘Food & Pharma Analysis’ educated on the practical applications of laboratory instruments and raised immense interest.

The interactive and educational seminar to improve lab efficiency generated the interest of many lab users. This program not only spread awareness among the industry but also gave useful tips related to lab organization, application routines and safety to lab practitioners and students.

Business Matchmaking at Buyer-Seller Forum

The Buyer‐Seller Forum provided an attractive context for pre-scheduled business talks with targeted contacts. The program was well received and 852 meetings took place during the trade fair. Some of the leading companies participated in the show were Ministry of Defence, DUPONT, Aurobindo Pharma, Bharat Biotech, Indian Institute of Chemical Technology, Novartis Healthcare, Hetero Drugs, to name a few.

“The highlight of analytica Anacon India and India Lab Expo has been its ability to connect right audiences for business, learning and networking opportunities. Our initiative of market study will help international and domestic stakeholders to make informed business decisions while getting to know the market trends better. We are confident in the upcoming editions as well, analytica Anacon India and India Lab Expo will also be fruitful for the industry.” Singh concluded.

The next edition of analytica Anacon India and India Lab Expo will take place in Mumbai and Hyderabad in 2018. Log on to www.analyticaindia.com for more information on the trade fair.

For further information:
https://www.facebook.com/analyticaAnaconandIndiaLabExpo/
https://www.youtube.com/channel/UCaafNG6Cn9OqiHmqEO8pRQ
https://in.linkedin.com/company/india-lab-expo-analyticaanaconindia
https://twitter.com/aaiandile_mmi

About Messe Muenchen India

As part of its international expansion strategy, Messe Muenchen India founded its wholly owned subsidy with a registered office in Mumbai in September 2007. Messe Muenchen India is one of the leading organizer of trade fairs in India with a vast portfolio of B2B events such as analytica Anacon India, BAUMA CONEXPO India, drink technology India, electronica India, IFAT India, Intersolar India, India Lab Expo, Indian Ceramics, LASER World of PHOTONICS INDIA and productronica India.

Messe Muenchen India works closely with industry stakeholders to deliver well researched and professional trade fairs keeping in mind the priorities of the customers. With its head office in Mumbai and regional representation in New Delhi, Bengaluru and Chennai, Messe Muenchen India bring professionals from across sectors together for business, learning and networking opportunities.

About Messe München

With 10 subsidiaries in Europe and in Asia, and over 60 foreign representatives covering more than 100 countries, Messe München has a network that spans the globe. Worldwide, more than 30,000 exhibitors from over 100 countries and more than two million visitors from over 200 countries participate in fairs and exhibitions in Munich each year. In addition, Messe München organizes trade fairs in Europe, Asia, Russia, the Middle East and South Am.

For a Secured Digital Energy Infrastructure: Infineon, IBM, GreenCom Networks and icentic Join Forces

Digitalization and distributed power generation is fundamentally changing energy systems that have been centrally supplied so far. Solar photovoltaic assets, electric vehicles, electrical heating and cooling or battery storage have to be connected into an intelligent power system. At the same time, they must be protected against the growing number of security threats. Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), IBM, GreenCom Networks and icentic have joined forces to develop and provide scalable solutions for securely connecting these distributed assets into the electrical infrastructure.

At the European Utilities Week in Amsterdam, 3 -5 October 2017, the partners will demonstrate a first prototype solution at the GreenCom booth 5R26. The solution is based on Infineon’s OPTIGA™ embedded security chips built in icentic’s ICEHUB® connectivity products to authenticate devices that are connected to the Energy IoT platform of GreenCom.

Majority of the connected devices are not properly secured

Traditionally, solar photovoltaic inverters, heat pumps or batteries have not been designed to be digitally connected for monitoring, control and analytics purposes. As a matter of fact, just connecting them to a digital infrastructure allows their management, but opens the doors for security threats. All the more so as access to data is happening at the infrastructure level as well as in the backend.

According to a recent study (BDEW; EY) 88 per cent of energy infrastructure suppliers in Germany, Austria and Switzerland judge IT-security as the greatest challenge for a digitalized energy infrastructure. Yet the majority of the connected devices are not properly secured: attackers could be enabled to remotely compromise the device completely, control its flow of power and even cause a shut-down of the energy network.

Connecting distributed devices into a smart and secured power grid

The joint offering of the partners addresses utilities and energy service companies that aim to offer new digital energy services to their customer base in an innovative yet secured way. It also gears towards device manufacturers that either want to embed security into their energy-relevant assets from the beginning or plan connectivity and security upgrades to enable additional value-added services of their installed devices.

GreenCom Networks’ Energy IoT platform integrates relevant analytical skills from IBM to forecast and optimize the usage of connected assets. IBM’s Hybrid Intelligence capabilities combine big data analytics, defined hardware-based security at the edge and GreenCom’s platform backend. icentic supplies and manages the required ICEHUB® connectivity solution to connect distributed devices in a future-proof and secure way. The embedded security solution of Infineon’s OPTIGA family helps to securely authenticate the connected devices as well as to secure data transmission.

Independent Research Firm Names CSS Corp as a ‘Strong Performer’ in Customer Analytics Services

CSS Corp, a new-age IT services and technology support company, has been recognized as a “strong performer” in The Forrester Wave™: Customer Analytics Service Providers, Q3 2017. The report evaluates and rates the top customer analytics service providers globally on a 33-criteria scale.

Brandon Purcell- Senior Analyst serving Customer Insights professionals at Forrester Research wrote in the report, “CSS Corp is strongest for customer support. CSS Corp excels in delivering state-of-the-art customer support solutions to its clients. And since artificial intelligence is quickly transforming the world of customer support, CSS Corp is making considerable investments in AI. Its Innovation Lab, an internal team consisting of 50 designers, programmers, and AI and natural language processing (NLP) experts, is tasked with designing next-generation AI platforms for its clients. Yodaa, CSS Corp’s virtual assistant platform enabling voice and text interactions for customer service, is one of the lab’s most recent innovations.”

CSS Corp’s indigenous customer analytics platform, “Active Insights”, is an end-to-end solution with extensive data ingestion, analytics and reporting capabilities. The platform is powered with AI capabilities and advanced statistical models that drive customer lifecycle management to understand customers’ intent, issues and proactively hit the target with the right recommendations and remediation.

Active Insights platform connects to multiple data sources including structured, unstructured, semi-structured, social media and sensor data. It analyzes and predicts data in real-time, high velocity, low latency and batch processing modes. Active Insights offers intelligent insights about customer sentiments, buying behaviours and satisfaction scores that drive business success.

Speaking on the recognition, Manish Tandon, Chief Executive Officer, CSS Corp said, “We are delighted at being recognized as a “Strong Performer” in Customer Analytics Services by Forrester. At CSS Corp, AI and Analytics is at the heart of our business strategy. We are trying to break the stereotypes in services industry through adoption of new age digital technologies that are complementary in nature. Our customer analytics services act as a catalyst for growth by enabling companies across industries to transform from traditional business models to new age service models and helps them identify new revenue streams.”

Sunil Mittal – EVP, Chief Sales and Marketing Officer said, “As businesses become more insights driven, it becomes imperative for analytics vendors to deliver real, measurable impact that makes a critical difference to clients’ businesses.”

“We help companies simplify business processes, understand customer’s next best action and drive additional revenue. We provide insights into customer operations, propensities and issues resulting in enhanced experience and new business opportunities. I believe that this recognition by Forrester marks yet another milestone in our journey towards becoming the partner of choice for global organizations,” he added further.

About CSS Corp

CSS Corp is a new age IT Services and Technology Support company that harnesses the power of AI, automation, analytics, cloud and digital to address specific customer needs. The company partners with leading enterprises to help realize their strategic business outcomes. Its team of 5,500 technology professionals across 16 global locations are passionate about helping customers differentiate and succeed.

For more information please visit www.csscorp.com

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