Search videos: #digitalindia

  • Digilocker पर फैमिली आईडी अब लाइव, लाभार्थी-परिवार का पूरा डाटा होगा उपलब्ध; योजनाओं का लाभ मिलेगा

    Digilocker पर फैमिली आईडी अब लाइव, लाभार्थी-परिवार का पूरा डाटा होगा उपलब्ध; योजनाओं का लाभ मिलेगा

    #digilocker #digilockerapp #id #adharcard #beneficiary #familyid #beneficiary
    Digilocker पर फैमिली आईडी अब लाइव, लाभार्थी-परिवार का पूरा डाटा होगा उपलब्ध; योजनाओं का लाभ मिलेगा
    #digilocker #digilockerapp #id #adharcard #beneficiary #familyid #beneficiary #available #benefit #schemes #visiting #through #desktop #mobilephone #unused #scheme #technology #connecting #ambitions #trandingnews #breakingnews #lnv_india #citizen #intensified #cmyogiadityanath #completedata #e-passbook #ready #families #across #potential #skilling #availed #similarly #empowerment #related #medicalhealth #microfinance #initiative #digitalindia #documents #instead #hardcopy #documents #checkedeasily #departments #database #centralgovernment #added #cardholders #different #analytics #cases #documents


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    Digilocker पर फैमिली आईडी अब लाइव, लाभार्थी-परिवार का पूरा डाटा होगा उपलब्ध; योजनाओं का लाभ मिलेगा

    By LNV India| 22 views

  • Network outages

    Network outages

    The Indian government has been actively promoting the use of #digitaltechnologies through various initiatives such as Digital India, Make in India, and #StartupIndia. Today we have nearly 1.2 billion consumers latch onto telecom networks.

    The increase in internet and smartphone penetration in India has played a major role in the growth of the digital ecosystem. The number of internet users in India is expected to reach 800 million by 2023 but still the continuous network outage remains the 'hue and cry' affairs in the country. Network outage no longer leads merely to dropped phone calls but – potentially – to the failure of critical enterprise services.

    The Telecom Regulatory Authority of India (TRAI) has directed all telecom service providers to promptly inform them of any network outages and provide a detailed account of the root causes and subsequent corrective measures taken.

    Today's Headline in News Hour
    0:00 Intro
    2:45 #Amazon committed to invest $26 Bn in India by 2030
    3:17 #IBM to buy software company Apptio for $5 billion
    3:48 #Google Search launches 'Perspectives' filter
    4:18 #Reliance-backed Addverb's ₹200-cr robot factory inaugurated
    4:45 #Apple to introduce localized version of Apple Pay in India


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    #varindia #news #technews #newshour #ApplePay #robotfactory #Perspectives #softwarecompany #Apptio #investment #Amazon #IBM #Google #Reliance #apple #NetworkOutages #InternetShutdow

    By VARINDIA| 34 views

  • Tech spending in India

    Tech spending in India

    The Indian government is investing heavily in digital transformation projects, such as the National Digital Health Mission and the #DigitalIndia program. Technology spending in India is expected to grow by 9.6% in 2023, reaching Rs.3.9 lakh crore (approximately $50 billion).

    The outlook for technology spending in India in 2023 is very much positive. The growth is driven by a number of factors, including public sector digital initiatives, investments in telecoms, and growth in the IT-enabled services sector. The report also notes that a number of emerging technologies, such as cloud computing, cybersecurity, artificial intelligence, IoT, and data analytics, are expected to be major drivers of technology spending in India in the coming years.

    Today's Headline in News Hour
    0:00 Intro
    2:18 Apple releases patches for zero days in spyware attacks discovered by Kaspersky
    2:55 #MukeshAmbani opposes Elon Musk's Starlink launch in India
    3:30 #NarendraModi and Joe Biden declare Defense, Chips Deals
    4:05 #Salesforce Upgrades its AI Toolkit with New Marketing Partnerships and Tools
    4:52 3 BYJU'S board members resign due to disagreements with owner


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    #varindia #newshour #technews #news #projects #transformation #government #AI #ElonMusk #Defense #kaspersky #apple #BYJU #salesforce #narendramodi #joebiden #starlink #mukeshambani #TechSpendingIndia #TechInvestments #DigitalIndia #TechFunding #TechAdoption #InnovationIndia

    By VARINDIA| 63 views

  • The Indian eB2B market

    The Indian eB2B market

    The growth of the electronic business-to-business (eB2B) market in India is a positive sign for the Indian economy. It is a type of e-commerce that refers to the sale of goods and services between businesses. eB2B transactions can take place through a variety of channels, including online marketplaces, direct sales, and electronic data interchange (EDI).


    The data point shows that businesses in India are increasingly adopting digital technologies, and it is a sign that the country is on track to become a major e-commerce market in the years to come. The eB2B market is expected to solve the challenges in the unorganized retail segment dominated by general trade.

    Today's Headline in News Hour
    0:00 Intro
    3:08 #MacBook to secure authentication with Face ID patent
    3:55 #Suzuki to produce 'flying cars’ with SkyDrive by the spring of 2024
    4:15 Russian hackers attack European banks
    4:52 #ISRO to build mobile satellite terminals on 1 lakh fishing boats
    5:33 #Alibaba sees a leadership shuffle as Eddie Wu named as new CEO

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    #varindia #news #newshour #technews #alibaba #flyingcars #skydrive #MacBook #Suzuki #ISRO #IndianB2B #eB2Bmarket #Indianmarketplace #B2Btrading #ecommerceindia #digitalIndia #startupsIndia #manufacturingIndia #exportsIndia #importIndia #wholesalemarket #retailmarket #enterpriseIndia #SMB #industrymarket #onlinebusiness #businessplatform #tradingplatform #e-commerce #marketplace

    The Indian eB2B marke

    By VARINDIA| 26 views

  • Will Banks supporting Crypto Currency have tough time ahead ??

    Will Banks supporting Crypto Currency have tough time ahead ??

    #Cryptocurrencies like #Bitcoin and Ethereum have gained popularity and legitimacy in recent years, they are still a relatively new and untested asset class. This means that there is a lot of uncertainty and volatility associated with cryptocurrencies, which can present risks for banks.


    Banks that support cryptocurrency will need to stay up-to-date on regulatory changes and ensure that they are complying with all applicable laws and regulations. Another challenge is the volatility of the cryptocurrency markets. Cryptocurrencies are known for their extreme price fluctuations, which can create risks for banks that hold these assets on their balance sheets.


    As per the report, many banks are already making significant investments in cryptocurrency and blockchain technology, and see these assets as an important part of the future of finance.


    Today's Headline in NewsHours
    0:00 Intro
    3:24 #BlackBerry comes up with its new IoT ‘Center of Excellence’ in India
    4:00 #UIDAI makes online updating of documents free for three months
    4:41 OpenAI announces ChatGPT successor GPT-4
    5:20 Airtel increases base prepaid plans rate across all 22 circles
    6:00 Meta puts on hold bonuses for Facebook Reels creators



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    Will Banks supporting Crypto Currency have tough time ahead ??

    By VARINDIA| 14 views

  • New Digital Universe

    New Digital Universe

    Continuous innovation on the future networking technologies with the right set of automation and optimization tools will ultimately enable frugal innovation and collaboration at scale for India. Unlocking innovation at grass-root levels through edtech, health-tech, Agri-tech, and fintech startups remains crucial in these changing times.

    A trillion-dollar digital economy led by a robust well connected digital national infrastructure thus needs to be supported by a skilled and a fungible workforce providing real world experiences via next-gen infrastructure, new age devices, and conversational AI-led services.

    Artificial intelligence will become more prevalent in 2023 with natural language processing and machine learning advancement. Artificial intelligence can better understand us and perform more complex tasks using this technology. It is estimated that 5G will revolutionize the way we live and work in the future.

    We’re already seeing this trend in the retail market. Few enterprises are already using AI-enabled algorithms to recommend clothes to its customers that match their sizes and tastes.

    Contactless, autonomous shopping and delivery will also be a huge trend for 2023. AI will make it easier for consumers to pay for and receive goods and services. Blockchain technology will also advance significantly in 2023 as companies create more decentralized products and services.

    AI will also augment nearly every job in every business process across industries. More retailers will use AI to manage and automate the complex inventory management processes that happen behind the scenes, so convenience trends like buy-online-pickup-at-curbside (BOPAC), buy-online-pickup-in-store (BOPIS), and buy-online-return-in-store (BORIS), will become standard.

    Finally, the time has come to see continued push toward making supply chains more transparent, as consumers demand that the products and services they invest in are energy effici

    By VARINDIA| 8 views

  • Is Crypto becoming the devils Market in India??

    Is Crypto becoming the devils Market in India??

    The #cryptocurrency market continued to slide in the month of September, which has historically been the worst month for Bitcoin. Ethereum completed its long-anticipated transition to a proof-of-stake consensus mechanism, but it wasn’t the bullish catalyst Ethereum investors had hoped for.

    #Ethereum completed the transition to the merge on Sept. 15, but investors saw the transition as a “sell the news” event. In the two months leading up to Ethereum’s conversion to proof of stake, Ethereum prices were up 32%, compared to a 2.8% decline in Bitcoin over that same period. After the merge, Ethereum prices tumbled 18%, while Bitcoin prices only dropped 1.9%.

    The Indian crypto exchange WazirX fired 40% of its staff. A total of 50 to 70 employees of the 150 workers at the exchange were asked to go, CoinDesk reported. The laid-off employees were informed that they would be paid for 45 days and that they would no longer be needed to report for work.

    Looking ahead to October, Wall Street is focused on inflation, interest rates and the forex market. Economic uncertainty in the U.K. sent the pound tumbling to new lows against the U.S. dollar in late September.

    As new tax rules have forced many crypto enthusiasts to maintain distance from the cryptocurrency industry, India’s adoption rate of cryptocurrencies is likely to drop at a concerning rate in the second half. India may lose the no. 1 status in Asia’s top cryptocurrency market as 30% capital gains tax came into effect in India’s Crypto Market.

    The US is expected to come up with the crypto regulations and the Biden White House released its first framework outlining the future of U.S. crypto and digital asset regulation in September. The directives may serve as guidelines for regulators such as the Securities and Exchange Commission and the Commodity Futures Trading Commission as they look to implement official rules to protect investors and reduce illegal activity in the crypt

    By VARINDIA| 13 views

  • India to attract $100 billion in FDI this fiscal

    India to attract $100 billion in FDI this fiscal

    #FDI has come from 101 countries and is invested across 31 UTs and states and 57 sectors in the country. MSMEs growth forms the essential bedrock of the Indian economy. It has attracted foreign investments, as the government has put in place a liberal and transparent policy wherein most sectors are open to FDI under the automatic route.

    The iconic projects like Make in India, the flagship programme of the Government of India that aspires to facilitate investment, foster innovation, enhance skill development and build best-in-class manufacturing infrastructure, completes eight years of path-breaking reforms on September 25, 2022.

    Secondly, the production-linked incentive (PLI) scheme is one of the schemes to attract foreign investment to the country and boost domestic manufacturing. It was launched in 2020-21 as a big boost to the Make in India initiative.

    The PLI scheme incentivises domestic production in strategic growth sectors where India has a comparative advantage. This includes strengthening domestic manufacturing, forming resilient supply chains, making Indian industries more competitive and boosting the export potential.

    More importantly, the government has taken steps to address the import of low-quality and hazardous toys and to enhance domestic manufacture of toys. Import of toys dropped by 70 per cent to $110 million (Rs 877.8 crore) in 2021-22.

    On the other hand, exports rose by 61 per cent to $326 million. Recognising the importance of semiconductors in the global economy, the government has launched a $10-billion incentive scheme to build a semiconductor, display and design ecosystem in India.

    Guided by the principle of ‘Reform, Perform and Transform’ the Government of India has brought in several reforms which have furthered ‘Ease of Doing Business’. It includes liberalisation of guidelines and regulations in order to reduce unnecessary compliance burden, bringing down costs and enhancing the ease

    By VARINDIA| 18 views

  • Ransom has taken quantum leap

    Ransom has taken quantum leap

    #Ransomware is executed in a variety of ways, for different reasons and motives. The technology also carries risks however. It may lead to a new wave of #cybercrime, as quantum computers can crack even the most elaborate forms of encryption in use today. This takes a quantum leap in the cyber world.

    Ransomware has quickly become the most prominent and visible type of malware. Ransomware attacks are on the rise but few people understand the hidden costs beyond that of the initial extortion payment. This can include response and restoration expenses, legal fees and monitoring costs.

    The sophistication of these ransomware groups even extends to the targeting of victims and how a ransom figure is decided as well as the negotiation techniques they use to exact maximum financial gain.

    As per the report from CPR has monitored a 24% increase in ransomware attacks Year-over-Year to organizations globally. The weekly average of impacted organizations stands at one in 53 versus one in 66 in the same period of 2021.

    Over the years, cybercriminals have perfected their processes in defining extortion demands and developed sophisticated techniques for negotiation with victims, with the aim of exacting the maximum level of ransom payment that the victim organization can afford.

    Sophos research finds an increase of 94% between 2021 and 2022. More than two-thirds healthcare organisations in the US said they had experienced a ransomware attack in 2021, up from 34% in 2020. In the US, ransomware attacks on healthcare have become particularly common. 41% of such attacks globally have been carried out against US based firms in 2021.

    The increase has just not been only in numbers but there is also growing sophistication of these attacks. The current situation is terrible. Ransomware has led to health care disruptions.

    As per #cybersecurity company Trellix, over half of adversarial advanced persistent threat actor activity orig

    By VARINDIA| 19 views

  • India's payment technology to the World

    India's payment technology to the World

    India has proven by adopting a host of its e-governance tools - including the #UnifiedPaymentsInterface (UPI) and Aadhaar identity service - available to other countries via open APIs and has made a massive transition to a cashless economy riding on cheap internet data, high smartphone penetration and easier on-boarding process, the country’s robust #digitalpayment system is at a growth inflection point, feel industry experts.

    It is available via the India Stack website, the project is "a set of open APIs and digital public goods that aim to unlock the economic primitives of identity, data, and payments at population scale". The site says, the principles, technologies, and functionality of India Stack can be applied in any country. None of the systems which comprise India Stack require any proprietary technology or intellectual property which would preclude their implementation in any other country.

    The adoption of new-age technologies is driving digitalisation of cash transactions, improving customer experience, providing safe and secured transaction platforms, simplifying processes, creating awareness and most important technological innovations are key.

    There are many success stories we are witnessing including, the instant payments network, UPI, claiming: “Everyone, including the World Bank, has appreciated it as the best platform.” Launched in 2016, the UPI has now handled 99 billion transactions, recording 2200 every second in May. Along with the RuPay card network, UPI has been central to India's efforts to use digital payments to boost financial inclusion.

    Modi says this has proved a huge success. Hence, today digital products like UPI are the centre of attraction for developed countries of the world, or those countries which cannot invest in this type of technology. Our digital solutions have the reach, are secure and have democratic values.

    As UPI continues to scale-up, it’s imperative that NPCI h

    By VARINDIA| 12 views

  • World lost 11.2 crore jobs in the first quarter of 2022 says ILO

    World lost 11.2 crore jobs in the first quarter of 2022 says ILO

    The COVID-19 crisis had already complicated global efforts to reduce famine and food insecurity leading many governments around the world operating in a context of radical uncertainty and the recent challenge has further intensified with the conflict in Ukraine. It has led to Increasing prices of fertilizers and inaccessibility of Ukrainian exports that have made a delicate situation potentially dire, as 800 million people now go hungry each night. The "world of work" is being buffeted by multiple crises, says the ninth edition of the International Labour Organisation Monitor. About 11.2 crore jobs might have been lost between this period, according to the report. Several global crises are hampering labour market recovery, especially in developing countries. Driven by disruptions triggered by the conflict in Ukraine, the increase in food and energy prices is hurting poor households and small businesses, especially those operating in the informal economy, as per a new report from the International Labour Organization. Elevated inflation, disruptions to global supply chains, heightened financial stress, and monetary policy tightening are likely to further deteriorate labour markets around the world.

    There is sky-high inflation especially in food and energy prices, disruptions to global supply chains, heightened financial stress, and monetary policy tightening are likely to further deteriorate labour markets around the world. Further, the recent containment measures implemented in China account for 86 per cent of the global decline in hours worked in the first quarter of 2022. Globally, the level of hours worked is expected to drop further in the second quarter of 2022, an evolution that is mainly driven by China’s continued lockdown measures, and will be exacerbated by developments related to the war in Ukraine. The “great divergence” between richer and poorer economies continues to characterize the labour market recovery in 2022. In contrast, the g

    By VARINDIA| 33 views

  • Centre making efforts to connect startups to the govt ecosystem

    Centre making efforts to connect startups to the govt ecosystem

    India has emerged as the third largest startup ecosystem in the world after the US and China and the pace of growth is not showing any signs of slowing down.

    The Centre is making efforts to connect Indian startups with the government ecosystem so that its procurement requirements can be met with their innovative solutions, Union Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar said. The government is working to soon establish an institutional framework for Digital India Startup Hub to further promote the startup ecosystem in the country. Soon Digital India Startup Hub, an institutional framework, shall be established to further promote the startup ecosystem and centrally coordinate startup initiatives at the national level. The government is making efforts to connect startups with its ecosystem so that the government's procurement requirements can be met with innovative solutions by startups. The minister highlighted the importance of learning digital skills for India's expanding digital economy. Inspiring students and Startups to acquire skills in emerging technologies & highlighting the importance of learning Digital Skills for India’s expanding Digital Economy, he added “Innovation is the mantra going forward. Innovation is going to drive our future.

    Going forward, Startups will be encouraged to develop solutions aligned to tracks such as creditisation, digitisation, and any market-led solution that can help solve a problem relevant to IPPB or DoP in serving the target customers. Startups in India are turning out to be a powerful vehicle to fulfil the dreams of the common Indian youth. Today, the Indian startup ecosystem is respected all over the world and we are today among the top three startup ecosystems in the world. “Our startups and entrepreneurs will drive the Indian economy towards USD 5 trillion and the Digital Economy towards USD 1 trillion," said Chandrasekhar, who is also the Minist

    By VARINDIA| 33 views

  • Disruptive technologies opened vast opportunities for cybersecurity warriors  | VARINDIA News Hour

    Disruptive technologies opened vast opportunities for cybersecurity warriors | VARINDIA News Hour

    Disruptive technologies opened vast opportunities for cybersecurity warriors | VARINDIA News Hour

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

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

    By VARINDIA| 25 views

  • PEGASUS – A WEAPON FOR A DIFFERENT WAR

    PEGASUS – A WEAPON FOR A DIFFERENT WAR

    Journalists and news organizations can do yeomen service to the world by opening our eyes to the wheeling dealing, which happens in the name of statecraft, diplomacy and internal security. They also give us a peep into the world’s underbelly, which is greasy and is kept intact in the name of security, territorial integrity, sovereignty and the ultimate power of the nation states not to divulge anything. All we need to understand is how tech is used for things it is not meant for and not made public. A recent news from the apex court of the country said, there is a strong indicator state used Pegasus for spying, pointing to the involvement of "the state, its intelligence and law enforcement agencies" in using Pegasus for unauthorised surveillance, at least two cybersecurity experts told the Supreme Court-appointed committee. A researcher reportedly analysed iPhones of seven people, of which two were found to be infected with Pegasus, Cyber experts told the Supreme Court panel. Pegasus can be very safely be termed as the most potent weapon, since the atom bomb. A year-long investigation including inputs from government officials, leaders of intelligence and law enforcement agencies, cyber weapon experts and lots others has clearly proven how Israel’s ability to approve or deny access to NSO’s cyberweapons has been entangled with its diplomacy. In a shocking news, Chief Executive Officer of NSO Group, Shalev Hulio, in an interview to Israeli Channel 12 said, strongly defended the company's operations, though he also conceded that some "mistakes" may have happened over the years. Our technology has over the years helped the interests and national security of the United States quite a bit," he claimed.

    Pegasus used spear phishing to enter phones, utilising a message designed to entice the target to click on a malicious link. However, it evolved into “zero-click” attacks with the phones being infected without any action from the tar

    By VARINDIA| 14 views

  • Online penetration of retail in India is expected to reach 10.7% by 2024

    Online penetration of retail in India is expected to reach 10.7% by 2024

    India is the fastest growing E-commerce market. India’s start-up ecosystem is growing, which is well supported by favourable FDI policies, Government initiatives like Start-up India and Digital India, as well as the rising internet penetration driven by market players like Reliance Jio. The online retail market in India is estimated to be 25 per cent of the total organized retail market and is expected to reach 37 per cent by 2030. Moreover, online shoppers in India are expected to reach 220 million by 2025. This shows the kind of impact online retails have on people. With the increasing business, there are certain expectations too for online retail. With half a billion Indians coming online, the chances of a customer’s first touchpoint with your brand being digital have increased substantially. Online penetration of retail in India is expected to reach 10.7% by 2024 and India e-commerce sector is expected to reach US$ 111.40 billion by 2025. Retail 4.0 is well on track to bringing a convergence of the online and offline experiences. Shoppers need no longer choose between one or the other, as a digitally enabled ecosystem creates a unified experience across various channels. There is also a renewed focus on cost optimization in retail operations. Retailers are evaluating multiple avenues including direct-to-consumer (D2C) models and hyperlocal delivery for essentials. Backing it all are data-led insights and innovative technologies like cloud, AI, ML, big data, and immersive media. There is a sharp Increase in aggregator companies, better FDI policies, fintech investments and the self-reliant manufacturing of products are some of the ways the industry’s growth is being augmented.

    The ongoing COVID-19 pandemic is driving retailers worldwide to fundamentally reassess how they do business. The crisis has also made clear the importance of technology to the industry. The retail market size is expected to reach 1.5 trillion by 2030 compared to the estimated marke

    By VARINDIA| 13 views

  • What makes a fintech start-up a real success?

    What makes a fintech start-up a real success?

    #SaltSecurity #unicornclub #CapillaryTechnologies

    Success Of Fintech Start-ups

    India is recognised as the world's fastest-growing economies and has emerged as one of the fastest-growing FinTech hotspots in recent years. Paperless lending, mobile banking, secure payment gateways, mobile wallets, and other concepts are already being adopted at a super speed in the country. FinTechs are emerging with the innovations in digital technology that aims to improve and automate the delivery and usage of financial services. The word FinTech is a combination of "financial technology.” Fintech APIs are driving an explosion of new business models. Their increasing adoption and use throughout the financial sectors have resulted in an explosion of new apps, services and business models. APIs allow different systems to talk to each other. In the context of financial technology—or fintech—they enable data access among the parties involved in financial transactions, including banks, third-party providers, websites and consumers. Banks and payment companies need to connect with third parties in order to expand their services and stay competitive. Merchants need to make it easy for customers to pay using their preferred methods and consumers want to be able to transfer funds, make purchases and perform personal banking tasks on the go.

    The digitization of banks, mobile payments, digital currencies, online mutual fund investments and others have given rise to fintech innovation. India's payments infrastructure has seen substantial improvements, particularly with the introduction of new payment mechanisms and interfaces such as Immediate Payments Service, Unified Payments Interface, Bharat Interface for Money, and others. The government's "Make in India" and "Digital India" projects also played a significant role in accelerating the adoption of Fintech. It is commendable that the Reserve Bank of India has also pushed the g

    By VARINDIA| 34 views

  • IT Spending in India to Reach $100 Billion in 2022

    IT Spending in India to Reach $100 Billion in 2022

    #CRED #Happay #Acer

    IT spending in India is expected to grow

    IT spending in India is forecasted to total $101.8 billion in 2022, an increase of 7% from 2021, according to the latest forecast by Gartner. The digital transformation trajectory that began as a pandemic response is here to stay for the next few years. India has experienced one of the fastest recoveries despite being one of the worst hit regions in the second wave of the pandemic in early 2021. In 2022, CIOs in India will build on renewed interest in technology from the business to gain funding for new IT projects. Indian CIOs are likely to increase their spending towards projects that drive innovation and modernizing legacy systems. Hiring a workforce that can deliver on these needs will also be a key priority. Next year, Indian CIOs are prioritizing a move away from rigid and monolithic ways of doing business to a more composable business and IT architecture where they will be able to better respond to disruptions.

    In 2022, all segments of IT spending in India are expected to grow, with software emerging as the highest growing segment. Spending on software is forecast to total $10.5 billion in 2022, up 14.4% from 2021. While experiencing a slower growth rate than 2021, spending on software in 2022 is forecast to be nearly double of what it was pre-pandemic. As hybrid work adoption increases in the country, there will be an uptick in spending on devices in 2022, reaching $44 billion, an increase of 7.5% from 2021. “The growth in devices is a combination of two components – hybrid work and pent-up demand from 2020 for device upgrades. Spending on devices will make up 43% of total IT spending next year.” Spending on communication services is expected to rise 2.3% to $24.5 billion in 2022 from $24 billion in 2021, while that on data centre systems is forecast to grow 3.4% to $2.8 billion in 2022 from $2.7 billion in 2021, according to Gartner reports.

    Today's Headli

    By VARINDIA| 20 views

  • Cybercriminals shift to impersonate Social Media

    Cybercriminals shift to impersonate Social Media

    #dataconsumption #RSSharma #FederalBank

    Brand phishing attack



    There are newer trends, where cybercriminals are increasingly impersonating social media platforms in its new Q3 Brand Phishing Report. For the first time this year, social placed in the top three sectors for most phishing attempts, Check Point Research (CPR) warns. Microsoft stays as leader of most imitated brands at 29% of all phishing attacks globally, albeit at a slower rate, down from 45% in Q2 2021. Amazon replaces DHL in second position, accounting for 13% of all phishing attempts, as criminals look to take advantage of online shopping in the run-up to the holiday season. The report highlights the brands which were most frequently imitated by criminals in their attempts to steal individuals’ personal information or payment credentials during July, August and September of this year.



    The Top 10 most Imitated Brands in Q3 2021 are

    1. Microsoft (29% of all phishing attacks globally)

    2. Amazon (13%)

    3. DHL (9%)

    4. BestBuy (8%)

    5. Google (6%)

    6. WhatsApp (3%)

    7. Netflix (2.6%)

    8. LinkedIn (2.5%)

    9. PayPal (2.3%)

    10. Facebook (2.2%)



    In a brand phishing attack, criminals try to imitate the official website of a well-known brand by using a similar domain name or URL and web-page design to the genuine site. The link to the fake website can be sent to targeted individuals by email or text message, a user can be redirected during web browsing, or it may be triggered from a fraudulent mobile application. The fake website often contains a form intended to steal users’ credentials, payment details or other personal information.



    “Threat actors are constantly trying to innovate their attempts to steal peoples’ personal data by impersonating leading brands. For the first time this year, social channels have beco

    By VARINDIA| 14 views

  • Artificial intelligence for Resilient Growth

    Artificial intelligence for Resilient Growth

    #Google #Cloud #RouteMobile

    India’s journey towards embracing technology digital transformation has come a long way. The foundation to leapfrog with the new wave of emerging technologies has been well-laid in terms of flagship programmes such as #DigitalIndia, #MakeinIndia, #SmartCities, #JanDhanYojana, #StartupIndia and #SkillIndia. Every stakeholder group can be proud of the efforts and achievements around the creation of the world’s largest rural broadband network, largest direct benefit transfer system, largest digital identity system and the citizen engagement platform #MyGov. These initiatives, coupled with the push to skilling and entrepreneurship, are providing the foundation for the infusion of the next wave of technology solutions around AI, IOT etc. Artificial intelligence is fast becoming the most significant technology of our era. With techniques like machine learning, we can now build systems that are capable of improving their own performance by learning from data over time.



    Fast decision-making is a key ask for the businesses to stay competitive in the market. It is crucial that the business gains insights from its enterprise data set takes necessary and timely action. Tech players rapidly moved into the AI space and have redesigned existing products as well as engineered new ones so as to embed AI within them, with the aim of catering to the diverse requirements of industries. The advent of affordable and prevalent high compute hardware, coupled with parallel processing on emerging platforms such as cloud-based infrastructure, has made it possible to deploy AI solutions with good enough performance for real-world applications. Additionally, commoditization of AI methods and techniques offered by several AI/ML frameworks and libraries has brought machine learning out for research labs into the mainstream. Digital disruption has transformed global business. As new models and processes emerge, artificial intelligence (AI)

    By VARINDIA| 16 views

  • Digital economy is a critical tool for social inclusion

    Digital economy is a critical tool for social inclusion

    #DigitalEconomy #Intel #Google

    Digital Economy - tool for Social Inclusion

    In the recently held G20 Digital Ministers’ Meeting hosted at Trieste, Italy, the G20 ministers adopted a declaration for “Leveraging Digitalization for a Resilient, Strong, Sustainable and Inclusive Recovery”. It is noted to hear the Ministers agreed to work towards the enhanced cooperation on the pillars of Digital Economy and Digital Government. Minister of Electronics & Information Technology Ashwini Vaishnaw led the Indian delegation virtually and shared India’s success story of Digitalization how, Digital India is working out for digital inclusion and social empowerment, through digital technologies and public digital platforms such as AADHAAR, Direct Benefit Transfer (DBT) etc. “Providing digital identity Aadhaar to 1.29 billion users, opening bank accounts of 430 million poor people and linking both these to send the financial entitlements directly into bank accounts has eliminated leakages from the delivery system. Around 900 million citizens are receiving benefits of one or more schemes. This has not only empowered the common citizens but has also led to savings of over $24 billion in the last seven years.

    Vaishnaw also highlighted the importance of digital inclusion during the pandemic for which India has been a strong proponent. He said that technology is for Digital Inclusion and not for creating digital divide and India has always been advocating that digital economy is an important tool for social inclusion. Minister of State Shri Rajeev Chandrasekhar shared India’s model for the availability of robust and secured digital infrastructure including digital platforms and connectivity under the Digital India programme. He spoke, Technology and Digitalization has been front and center in the toolkits of every government’s response to the COVID causing disruption of lives, livelihoods and economies. He suggested that G20 countries should collaborate on

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  • Online gaming has seen a staggering growth post-pandemic in India

    Online gaming has seen a staggering growth post-pandemic in India

    #OnlineGaming #Salesforce #Google

    Online gaming has seen a staggering growth



    The Indian start-up scene has truly come alive in the past couple of years with multiple gaming platforms having immense growth potential. From the first video game models built in the 1950s to the hardware models of the 1970s, going on to the 1990s riding on the internet, the online gaming market is booming today. The global online gaming market, which earned $62 billion in 2020, is expected to be at $300 billion by 2026. A report shows, there is 50% growth in the gaming industry's turnover with national average gaming time spent by users reaching 4.1 hours post covid from the pre-covid average of 2.5 hours. Indian gaming industry is developing and 80% of the population is yet untapped. Games like rummy, poker and call break have seen major traction since march 2020, with the user bases rising 4 to 5 times in millions. At the same time paying gamers have been doubling year on year, with 30-plus aged gamers increasingly driving real money gaming since the pandemic has started.



    The Government of India constantly endeavors to leverage technology and innovation towards maximizing the country's potential & economic growth. With a targeted, outcome-based approach and government’s support, emerging technologies are already causing largescale shifts across several sectors driving innovation, entrepreneurship, and job creation. One such sector that has witnessed noticeable growth in recent years is Fantasy Sports. Today, fantasy sports has changed the way fans consume their favourite sports—passive viewers are now active participants and this kind of gaming keeps them at the edge of their seats. The Indian fantasy sports industry is expected to be worth $ 3.7 billion by 2024, creating a huge opportunity for new entrants.

    Today's Headline in NewsHours
    0:00 Intro
    2:15 #Salesforce Completes Acqu

    By VARINDIA| 22 views

  • The future of payment is going to be open banking & open finance

    The future of payment is going to be open banking & open finance

    #OpenBanking #OpenFinance #DigitalIndia

    Open Banking & Open Finance - Future payment system



    The push from open banking towards the more encompassing approach of open finance is being driven by several elements, from consumer pressure to regulatory obligations to greater awareness around privacy concerns. However, there is by no means a unanimous approach to open banking, and certain players believe that we are at different stages of completion on the open banking roadmap. Over the last decade we have seen that regulatory requirements are increasing, especially in the areas of privacy, payment services, and financial reporting. A more agile, nimble, proactive approach by regulators has been seen against this backdrop, does this equate to innovative supervision, or simply more regulations? However, the Covid-19 pandemic has increased the perceived importance of having 24/7 online access, frictionless mobile payments, and ensuring fully remote access to banking services.



    It is clear that policymakers and regulators are well aware of the negative effects of having too much red tape, country-specific interpretations of regulation and different regulatory treatment of seemingly identical financial services. We have also witnessed recent efforts aimed at solving this issue, which build greater clarity across complex financial regulatory frameworks, and address new digital-specific issues as they emerge - the Digital Markets Act is a good example of this. There are corporates who are looking for technology - especially open banking and APIs - to assist with their digital transformation. They are also seeking banking partners that are focused on innovation and can assist with the transformation journey.

    Today's Headline in NewsHours
    0:00 Intro
    2:02 #PM to interact with beneficiaries of various schemes of #DigitalIndia
    2:41 Malicious use of #CobaltStrike by threat actor campaigns is increasing
    3

    By VARINDIA| 22 views

  • Average Indian's data to touch 25 GB per month upto 2025

    Average Indian's data to touch 25 GB per month upto 2025

    #ITeS #covid #4g

    Since last year, the COVID-19 pandemic changed the way India and the world lived, shopped, conducted business, socialised, and even litigated. Indians are getting accustomed to virtual court hearings, online shopping, education, doctors’ consultations, and telemedicine galore. Everything in the world is moving towards ITeS, which increasingly requires faster data speed. In the last ten years, through 4G, the mobile app industry has advanced rapidly around services like video streaming, ridesharing, food delivery etc. Next, 5G will expand the mobile ecosystem to new sectors. As per a survey, during the H2 of 2020, the average Indian data consumption per month, the highest globally, is about 12 GB. It is likely to rise further to about 25 GB per month in the next five years, driven by affordable mobile broadband services, changing video viewing habits majorly due to Covid-19 Pandemic.

    In the realm of the country’s technological innovations, 5G will further strengthen Digital India, Smart Cities and Smart Village missions for India. Smart cities could use 5G for automotive safety, infrastructure, VR, and entertainment. In domestic use, 5G would change home internet service by providing a wireless modem alternative to existing wires. The survey finds that the total number of mobile broadband subscriptions is set to exceed 1 billion by 2025. The number of smartphone subscriptions increased to 620 million in 2019 which is expected to grow at a CAGR of 9%, reaching 1 billion by 2025. 5G networks offer to deliver significant social and economic benefits in India. Over the period 2023–2040, the experts forecast that 5G technologies will make a total contribution of approximately 450 billion dollars to the Indian economy -- 0.6% of GDP—by 2040.

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    By VARINDIA| 13 views

  • Impactful branding always provides competitive advantage

    Impactful branding always provides competitive advantage

    Branding goes way beyond just a logo or graphic element. When you think about your brand, you really want to think about your entire customer experience…everything from your logo, your website, your social media experiences, the way you answer the phone, to the way your customers experience your staff. Many small organizations and start-ups neglect to spend necessary time thinking about their brand in this broad sense and the impact it has on their business. At the same time, the consumers want a brand to be omnipotent, knowing who they are and what they need as they flit from channel to channel. The CMO Council found that 71% of consumers want a blend of both physical and digital channels and get easily frustrated with a poor omnichannel experience. There is an urgent need for delivering a better customer experience shouldn’t have to be that complicated.



    According to Gartner, 89% of brands plan to compete on customer experience within the next year to win brand loyalists and meet customer needs to drive conversion. Despite these aspirations, only 10% of brands feel their current customer experiences are meeting these competitive demands. In many cases, the pressure rests heavily on marketing teams to transform customer experiences from expected to exceptional. Contextual marketing is currently a hot topic with industry research analysts. At the same time, Forrester sees contextual marketing as the bridge for the gap that exists between marketing and customer experience. Going forward, the marketers should go deep on only a handful of strategic initiatives, such as digital experience, content strategy and omnichannel with 360 degree approach.


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    By VARINDIA| 10 views

  • Growing Importance of Branding is imperative in the competitive environment

    Growing Importance of Branding is imperative in the competitive environment

    A brand is a promise of an experience and is directly connected to trust. It’s what your customers say when you’re not around. Branding has to maintain the consistency to create a consistently delightful experience, which helps build a raving fan base with unwavering brand loyalty. Like - A happy customer will sell more products than your best salesperson. During this the role of Chief Marketing Officers are stretched like never before. The global pandemic has disrupted markets, operations and customer behaviours, accelerated the march to digital and empowered the self-reliant buyer. Now companies are looking to marketing to help them emerge from the ashes. The battle cry is, “Grow revenue!”



    A report from CMO Council says that marketing leaders are responsible for nearly half the company’s revenue, up from around 10% a few years ago. The report further says, “Rising Above The Fray,” also found that more than half of CMOs aren’t very confident they’re going to hit their numbers — and neither are their CEOs. The scaling of the Value of the CMO, sheds light on the reason for this lack of confidence: 86% of senior marketers believe lack of leadership depth and capabilities has resulted in missed revenue, growth and customer acquisition opportunities. Corporations are counting on marketing collateral for delivering more of the sales function, with more precision, driven by more technology, while buying behaviours change and markets dynamically shift.

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    Growing Importance of Branding is imperative in the competitive environment

    By VARINDIA| 10 views

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