ONDC’s success depends upon e-com companies

ആഡ് 30s ...ൽ ഉള്ള ആഡിനെ ഒഴിവാക്കി മുന്നോട്ട് നീങ്ങൂ 5s -ആഡിനെ ഒഴിവാക്കി മുന്നോട്ട് നീങ്ങൂ-
പരസ്യക്കാരന്റെ സൈറ്റ് സന്ദർശിക്കൂ
  • Future of cloud depends upon Smart Networks

    Future of cloud depends upon Smart Networks

    Cloud computing is changing the world and our future. Cloud is estimated to shape the digital infrastructure of the world, which would only expand from its present space with the growth of populations. At the same time, Artificial Intelligence has reached every field and device from smartphones to computers. Cloud computing has evolved as a key computing paradigm, allowing for ubiquitous simple on-demand access to a shared pool of configurable computing resources through the Internet. The necessity of Cloud to AI Powered devices is proven by the fact that AI lags in efficiently organizing and retrieving data, which in turn reduces its performance speed. With the help of Cloud computing, every AI powered device would act ten times faster with relative ease. Cloud computing is large-scale network computing. It runs a cloud-based application software on servers scattered throughout the internet. As companies move much faster on their digital transformation journey, companies are looking for ways to increase agility, business continuity, profitability and scalability. Cloud computing technology will be at the heart of every strategy to attain these aims in the new normal. Cloud computing provides a variety of services. Platform-as-a-service (PaaS), software-as-a-service (SaaS) and infrastructure-as-a-service (IaaS) are the leading ones. These services are critical to attaining business objectives. Many studies and assessments have indicated that cloud computing will be a dominant technology soon, with SaaS solutions accounting for over 60% of the workload.

    Today, data generation is at an all-time high, and it’s just getting higher. It’s difficult to keep such big amounts of data safely. Most businesses continue to keep business and customer data in physical data centers. As per Gartner, as much as half of spending across application software, infrastructure software, business process services and system infrastructure markets will have shifted to the cloud by 2

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  • India mulls capping overseas gift to rein in Chinese ecom players

    India mulls capping overseas gift to rein in Chinese ecom players

    Indian government, worried that many of China’s online merchants are in effect abusing this country’s no-cap rule on duty-free gifts, is considering setting an upper limit on the number of overseas gifts any citizen can receive in a year. ​Deepshikha Sikarwar explains.




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  • ONDC to regulate ecom biz

    ONDC to regulate ecom biz

    #ONDC, is a private non-profit Section 8 company established by the Department for Promotion of Industry and Internal Trade (DPIIT) of Government of India to develop open e-commerce.

    It was incorporated on 31 December 2021 with initial investment from Quality Council of India and Protean eGov Technologies Limited, formerly NSDL e-Governance Infrastructure Limited. ONDC is a set of specifications designed to foster open interchange and connections between shoppers, technology platforms, and retailers.

    ONDC will unbundle delivery services so that customers can choose their own logistics provider. As many as 20 organisations of national repute have confirmed investments of Rs 255 crore into ONDC. Lenders such as the State Bank of India, UCO Bank, HDFC Bank, ICICI Bank and Bank of Baroda have already committed investments.

    The initiative is aimed at suppressing the dominance of Amazon and #Flipkart, which control more than half of the country’s e-commerce trading, limit access to the market, and give preferential treatment to certain sellers and squeeze supplier margins. ONDC is a set of standards for voluntary adoption by sellers or logistics providers or payment gateways.

    For example, if both Amazon and Flipkart integrate their platforms with ONDC, a user searching for a Bluetooth headset on Amazon would also see results from Flipkart on the Amazon app. ONDC aims to go beyond retail ecommerce, however, and similarly connect companies in areas such as mobility, food delivery, hotel booking and travel, among others.

    On ONDC, there will be several other backend partners such as logistics service providers, enterprise resource planners, e-commerce store hosting service providers, etc.

    #Paytm has joined the ONDC platform as a buyer, and Reliance-backed Dunzo is offering logistics services for hyperlocal deliveries. According to the ONDC website, companies like Kotak, PhonePe, Zoho and Snapdeal are in the “advanced stage

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  • The success of global integration depends on data

    The success of global integration depends on data

    Dr. Amar Patnaik, Member of Parliament-Rajya Sabha
    #Odisha_Information_and_Technology_Fair_2023 #OITF2023

    The success of global integration depends on data

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  • Tiger Zinda Hai Success Depends On Which City & State

    Tiger Zinda Hai Success Depends On Which City & State

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  • Need Liver Transplant? Much Depends on Zip Code

    Need Liver Transplant? Much Depends on Zip Code

    Where you live determines how long you wait for a new liver, but redistricting could make the way the organs are allocated for transplant more fair. Specialists say 'gerrymandering' may shorten wait lists and help save lives.

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  • Chandrababu Delhi Tour Depends On Central Draft Notice | iNews

    Chandrababu Delhi Tour Depends On Central Draft Notice | iNews

    Chandrababu Delhi Tour Depends On Central Draft Notice iNews



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    Tubelight || Eid Day Box Office Collection Depends On ????

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റീ-പ്ളെ
VARINDIA's image
...ന് പ്രസിദ്ധീകരിച്ചത്: Jun 28, 2023
131 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)

By “unbundling” the transaction into separate micro-services, different entities are able to pick up and carry out different services. If successful, it will help weaken the monopolistic hold of #Amazon and #Flipkart – which dominate 63% of ecommerce in India, increase competition and accelerate growth. Nandan Nilekani, the architect of the India Stack and part of #ONDCs advisory council, calls it the “most exciting business transformation happening in the world”.

To begin with, it would require the participation of all players. Buyers and buyer applications, sellers and seller applications; logistics players; and payment partners. ONDC was initially projected as a platform to take on Amazon’s and Flipkart’s of the world to reduce their dominance and democratise e-commerce in India.

At the moment, Paytm is the only buyer application from where buyers can log into the ONDC network to make a purchase, that is part of the network. Amazon, Flipkart and Meesho are in talks with ONDC, but they are still not part of the network.

Snapdeal has been in the news for becoming the “first e-commerce marketplace to debut on ONDC” but they have joined from the seller side, not the buyer side. This means that sellers on Snapdeal can also sell on ONDC to customers browsing from other platforms like Paytm. However, buyers on Snapdeal cannot enter the ONDC network through the company’s platform.

The aim of ONDC is to increase the gross merchandise value (GMV) of digital transactions from Rs 4.5 trillion annually to over Rs 7.5 trillion. It is also to expand coverage of retailers using digital commerce from 15,000 to more than 2 million in the next five years. It wants to expand the number of Indians using e-commerce from 90 million users to over 250 million.

But a question remains unanswered - on ONDC’s financial viability: Will ONDC also take the path that UPI took of 0% merchant discount rate?

So far there is no commission or cha

#amazon#rbi#EnforcementDirectorate#Flipkart#paytm#Varindia#meesho#varindianewshour#razorpay#Cashfree#SoftBankGroupCorp#ONDC#GatiShaktiVisionfor5G#TelecomandITMinisterAshwiniVaishnaw#ArmLtd#Britishchiptechnology#Easebuzz


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  • Future of cloud depends upon Smart Networksഅടുത്തത്

    Future of cloud depends upon Smart Networks

    Cloud computing is changing the world and our future. Cloud is estimated to shape the digital infrastructure of the world, which would only expand from its present space with the growth of populations. At the same time, Artificial Intelligence has reached every field and device from smartphones to computers. Cloud computing has evolved as a key computing paradigm, allowing for ubiquitous simple on-demand access to a shared pool of configurable computing resources through the Internet. The necessity of Cloud to AI Powered devices is proven by the fact that AI lags in efficiently organizing and retrieving data, which in turn reduces its performance speed. With the help of Cloud computing, every AI powered device would act ten times faster with relative ease. Cloud computing is large-scale network computing. It runs a cloud-based application software on servers scattered throughout the internet. As companies move much faster on their digital transformation journey, companies are looking for ways to increase agility, business continuity, profitability and scalability. Cloud computing technology will be at the heart of every strategy to attain these aims in the new normal. Cloud computing provides a variety of services. Platform-as-a-service (PaaS), software-as-a-service (SaaS) and infrastructure-as-a-service (IaaS) are the leading ones. These services are critical to attaining business objectives. Many studies and assessments have indicated that cloud computing will be a dominant technology soon, with SaaS solutions accounting for over 60% of the workload.

    Today, data generation is at an all-time high, and it’s just getting higher. It’s difficult to keep such big amounts of data safely. Most businesses continue to keep business and customer data in physical data centers. As per Gartner, as much as half of spending across application software, infrastructure software, business process services and system infrastructure markets will have shifted to the cloud by 2

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  • India mulls capping overseas gift to rein in Chinese ecom players

    India mulls capping overseas gift to rein in Chinese ecom players

    Indian government, worried that many of China’s online merchants are in effect abusing this country’s no-cap rule on duty-free gifts, is considering setting an upper limit on the number of overseas gifts any citizen can receive in a year. ​Deepshikha Sikarwar explains.




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    Watch India mulls capping overseas gift to rein in Chinese ecom players With HD Quality

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  • ONDC to regulate ecom biz

    ONDC to regulate ecom biz

    #ONDC, is a private non-profit Section 8 company established by the Department for Promotion of Industry and Internal Trade (DPIIT) of Government of India to develop open e-commerce.

    It was incorporated on 31 December 2021 with initial investment from Quality Council of India and Protean eGov Technologies Limited, formerly NSDL e-Governance Infrastructure Limited. ONDC is a set of specifications designed to foster open interchange and connections between shoppers, technology platforms, and retailers.

    ONDC will unbundle delivery services so that customers can choose their own logistics provider. As many as 20 organisations of national repute have confirmed investments of Rs 255 crore into ONDC. Lenders such as the State Bank of India, UCO Bank, HDFC Bank, ICICI Bank and Bank of Baroda have already committed investments.

    The initiative is aimed at suppressing the dominance of Amazon and #Flipkart, which control more than half of the country’s e-commerce trading, limit access to the market, and give preferential treatment to certain sellers and squeeze supplier margins. ONDC is a set of standards for voluntary adoption by sellers or logistics providers or payment gateways.

    For example, if both Amazon and Flipkart integrate their platforms with ONDC, a user searching for a Bluetooth headset on Amazon would also see results from Flipkart on the Amazon app. ONDC aims to go beyond retail ecommerce, however, and similarly connect companies in areas such as mobility, food delivery, hotel booking and travel, among others.

    On ONDC, there will be several other backend partners such as logistics service providers, enterprise resource planners, e-commerce store hosting service providers, etc.

    #Paytm has joined the ONDC platform as a buyer, and Reliance-backed Dunzo is offering logistics services for hyperlocal deliveries. According to the ONDC website, companies like Kotak, PhonePe, Zoho and Snapdeal are in the “advanced stage

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  • The success of global integration depends on data

    The success of global integration depends on data

    Dr. Amar Patnaik, Member of Parliament-Rajya Sabha
    #Odisha_Information_and_Technology_Fair_2023 #OITF2023

    The success of global integration depends on data

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  • Need Liver Transplant? Much Depends on Zip Code

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    Chandrababu Delhi Tour Depends On Central Draft Notice | iNews

    Chandrababu Delhi Tour Depends On Central Draft Notice iNews



    Watch I News, 24/7 Telugu News Channel, for all the latest news including breaking news, regional news, national news, international news, sports updates, entertainment gossips, business news, political satires, crime news, exclusive interviews, movie reviews, political debates, fashion trends, devotional programs and featured shows such as Jabardasth News, Big Cinema, Movie Special, Cinema Chupista Mama, Metro Colors, Anaganaga, News Makers, Eevaram Athidi, Omkaram, Yoga Sutra and Money Money.

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    Venky Next Movie Depends On Paisa Vasool || పైసా వసూల్ హిట్ అయితేనే పూరితో సినిమా అన్న వెంకీ

    Watch Venky Next Movie Depends On Paisa Vasool || పైసా వసూల్ హిట్ అయితేనే పూరితో సినిమా అన్న వెంకీ With HD Quality

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VARINDIA

  • AI is used Towards Client AI Processing

    AI is used Towards Client AI Processing

    #Artificialintelligence is increasingly being used for client AI processing. This means that AI models are being trained and deployed on client devices, such as smartphones, laptops, and IoT devices. This has a number of advantages, including, Reduced latency, Improved privacy and Reduced bandwidth usage.


    Traditionally, AI processing has been conducted by massive clusters of servers in the cloud or data centers. This is because AI models can be very large and complex, and they require a lot of computing power to train and run.

    AI is used Towards Client AI Processing

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    Can Google’s tools combat online misinformation

    #Google's efforts to combat misinformation are important because misinformation can have a negative impact on society. It can undermine trust in institutions, lead to violence, and harm democracy. By developing new tools and initiatives, Google is helping to make the internet a safer and more informed place for everyone.

    Google has recently unveiled three new tools to combat online misinformation:

    · About this Image: This feature, which was initially unveiled earlier in 2023 and is now available globally to English-speaking users through Google Search, provides information about images, including their history, descriptions by users, metadata, and clear indications if an image is generated by AI. Google's AI-generated images are also clearly labelled.

    · Fact Check Explorer: This tool allows journalists to verify images by tapping into information from independent organizations.

    · AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.

    Can Google’s tools combat online misinformation

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  • Increasing online Frauds

    Increasing online Frauds

    Recent developments in the technology landscape, including the acceleration of automation, artificial intelligence, and the digitization of industries, are transforming the nature of work. These challenges have immediate and far-reaching implications for India's economy, society, and future prospects.


    The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.

    Today's Headline in NewsHours
    0:00 Intro
    3:07 Online gaming firms sent tax notices worth INR 1 lakh cr
    3:36 Government plans to introduce regulatory sandbox for OTT apps
    4:05 #Microsoft pulling the plug on its metaverse project
    4:33 #HMD Global to manufacture own brand of smartphones in India in 2024
    5:00 #TechMahindra’s CEO designate Mohit Joshi announces restructuring


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    Increasing online Frauds

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    CII Celebrates India@75 - India's IT Journey@75

    #DYK India is the largest #Software exporter in the world? As India completes #75yearsofIndependence, let's look at the country's IT journey over the last 75yrs.
    #IndiaAt75 #HarGharTiranga #AmritMahotsav #CIICelebratesIndiaat75

    CII Celebrates India@75 - India's IT Journey@75

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  • Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

    Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

    Subscribe Now - http://bit.ly/2ofH4S4 Stay Updated! ????


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    Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.

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    Launch of Gujarat Election Campaign in Ahmedabad

    Launch of Gujarat Election Campaign in Ahmedabad.

    #CongressNuKaamBoleChe

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