Globalization hailed the unity of nations. It paved the way for MNCs (be it Western or Eastern) to expand their businesses globally multiplying their customer base and market exposure. Individuals around the world got access to American products, technologies, services and media, European luxury goods, Japanese and German cars, Japanese technology and so forth. MNC’s...
Emerging video conferencing tool has been one of the most evolutionary technologies of the past two decades. Yet, it was the coronavirus pandemic that made its use indispensable giving rise to a new way of doing collaborative work, learning and even doing certain business. This also led both public and private organisations realise the possibility...
As embedded SIMs (eSIMs) gain acceptance all over the world, the classic SIM card era may be coming to an end. Since its creation in 1991, the Subscriber Identity Module (SIM) has been playing an undeniable role in the journey of mobile telephony. There are more SIM cards in use than human beings on the...
While unveiling its latest ‘hatchback with a twist’ – the New C3 in July, Citroën also announced the launch of phygital showroom in Surat, Gujarat. Customers can now order items online but pick them up from the store and also use AR to test an item virtually before buying it. This new marketing strategy enhances...
The growth of Indian e-commerce is being fuelled by price-conscious consumers from the country’s smaller cities and towns. In April 2022, the Government of India had announced the launch of Open Network for Digital Commerce initiative. This aims to “democratise” the country’s rapidly growing digital e-commerce space, which is currently dominated by the US giants...
An opportune idea about big data can translate into substantial business gains. That’s what Oakland Athletics’ general manager Billy Beane believed in 2002 and turned its fortune around with the pioneering use of Sabermetrics. In 2006, former Australian coach John Buchanan introduced ‘Cricket Athlete Management System’ to manage all aspects of the game – from...
Limitless connectivity can bring in unlimited possibilities and accelerate numerous aspects of economy, which are already evolving at a rapid pace. Although there is no substitute for collaboration work and the all-important human interaction, the fifth generation (5G) mobile wireless connectivity can transform this in a way unimaginable yet possible, predicts Ericsson. While remote working...
Venture capital firms are bullish on the new-age Web 3.0 startups as they view the companies as the growth drivers of the next stage of the internet evolution. Despite the Ukraine-Russia conflict in the last few months and a meltdown in global markets, the Private Equity-Venture Capital appetite for Web3 has continued to grow in...
“Data is the new Oil”- Clive Humby, Famous British Mathematician and Data Science Entrepreneur Back in 2006, when Humby made the above statement, the world had less than 2.5 billion cellphone globally and less than 15 percent of people had any access to the internet. Fifteen years later in 2021, the number of mobile devices...
India’s new e-waste rules require businesses to recycle 80 per cent by 2025. While earlier the stress was on collection targets, the draft rules, which have been floated for public comments and may come into effect later this year, emphasise Extended Producer Responsibility (EPR), recycling and trading, which is in tandem with the government’s objective...