VARINDIA IT MAGAZINE

Now that the justice BN Srikrishna committee has submitted a draft Data Protection as well as the Personal Data Protection bill, 2018 (pdf) to the Narendra Modi government, the wait for comprehensive data protection rights may soon be over.Though it is not devoid of loopholes, this bill will form the framework for India’s data protection laws, prescribing how organisations should collect, process, and store citizens’ data. The committee’s report recommends that the law should be applicable to processing of personal data if such data has been used, shared, disclosed, collected or otherwise processed in India. However, it asserts that in respect of processing by fiduciariesthat are not present in India, the law shall apply to those carrying on business in India or other activities such as profiling which could cause privacy harms to data principals in India. Additionally, personal data collected, used, shared, disclosed or otherwise processed by companies incorporated...

The Government’s focus towards digitization, financial inclusion, fintech, Aadhaar-based identification and GST-based simplified taxation are going to be some of the key drivers of growth. Investment banking firm Morgan Stanley, in a recent report, predicts that India’s e-commerce market for gross merchandise value (GMV) will reach $200 billion by 2026, growing at a CAGR of 30%. This growth, if it happens, the firm says, will help grow the overall market penetration to 12% in the next nine years, as against 2% today. The phenomenal growth of internet users, the firm says, is primarily driving the e-commerce market. The other factors that are contributing to this growth are growth in digital payments, ease of making a purchase, CoDs and e-commerce mobile apps. Market Trends According to an Internet and Mobile Association of India (IAMAI) and Kantar IMRB study, the number of internet users in India is expected to reach 500 million by June 2018. The number of Internet us...

NetApp considers India as an important market as the country holds a lot of opportunities with the ongoing digital transformation. So the company looks forward to grow with its partners as they play a critical role in NetApp’s go-to-market strategy. In a chat with VARINDIA , Wendy Koh, Vice-President, Pathways, Alliances and Strategy, Asia-Pacific, NetApp discusses about digital transformation as an opportunity, focus on channel partners and importance of a channel program For NetApp, India is a critical market in the Asia-Pacific region. The company is growing in India at a faster pace and this indicates that channel partners will continue to play an important role in its go-to-market strategy. The company also makes sure about the profitability of its partners so that they continue their alliance with NetApp.   “India is certainly the fastest-growing market and it is very important for us in Asia-Pacific. Across the organization, we are growing. In India, we ar...

Hyderabad hosted India’s first-ever International Blockchain Congress in collaboration with NITI Aayog, Goa government and Nucleus Vision from August 3 to 4. The conference then moved to Goa where the rest of the deliberations took place on August 5.  The speakers at the event were KT Rama Rao, Minister of IT - Government of Telangana; Rohan Khaunte, Minister of IT - Government of Goa; Amitabh Kant, CEO, NITI Aayog; Jayesh Ranjan, IT Secretary -Government of Telangana; Ameya Abhyankar, IT Director, Government Of Goa; Arun Seth, Chairman - NASSCOM Foundation; CP Gurnani, CEO - Tech Mahindra; Mohandas Pai, Chairman - Manipal Global Education; among a few notable ones. India has the potential to be the global blockchain leader. With an abundance of young, talented, tech-savvy population, India is rapidly developing and consequently overtaking other technology markets. India boasts of the second largest online market in the world.... Read More

If e-commerce is a barometer to measure the penetration of internet in a country, one can assume that India is in its fast pace towards a fully-wired and online society. E-commerce is growing by leaps and bounds. Whether it is real or hyped-up is something that analysts can foretell. A few illustrative descriptions may be relevant in this regard. The foremost is about the war between two American e-commerce companies – Amazon India and Walmart for supremacy in the Indian market. Amazon might have established its Indian subsidiary before Walmart. But the latter’s takeover of the homespun online distribution company – Flipkart – has changed the profile and reach of the U.S. online giant. Close to US$17-billion takeover deal, which will be hopefully completed by the end of this year, has created flutter in the corporate circles across the world. E-commerce companies have realized the potential of India as a future market for online business. Does it mean that the brick-and...

India is undergoing a digital revolution which is helping the country in its renaissance. Adoption of technology is at its peak in recent days which is being triggered by better connectivity, rapid smartphone adaptation, increasing usage of mobile internet etc. Adoption of innovative technologies makes work easy and fast, increases efficiency of the workforce, takes less time in completing a task etc. Technology has always made human life smooth and easy.     In this wake of time, a ground breaking technology, Robotics Process Automation better known as RPA is emerging and touching almost every vertical. Though in a nascent state, it has already started spreading its effects in segments like banking, manufacturing, automation, micro finance, healthcare etc. The Institute for Robotics Process Automation describes RPA as an application of technology that allows employees in a company to configure computer software or a "robot" to capture and understand the exist...

New capabilities like AI, Analytics and Search Highlight power the flagship suite One year after its launch, Zoho has announced major updates to its flagship suite of applications, Zoho One, designed to put businesses completely in the cloud. Zoho One is enabling a new set of capabilities that bridge the gap between different departments and roles within an organization. In the first year itself more than 12,000 business worldwide have become Zoho One customers, out of which 36% of Zoho One users are from India. The average Zoho One customer enables 16 applications for their business, often replacing software from different vendors, preferring instead to run their business from a single cloud platform. The company has added five new apps to Zoho One in the past year Cliq, Zoho Sprints, Zoho PageSense, Zoho Flow and Zoho Backstage at no additional cost..... Read More