Prosus, the Amsterdam-based technology investor with net assets valued at over $200 billion spanning payments to e-commerce, has identified India as one of its most critical growth markets, and is increasing its strategic investments here.
Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for devices research, Navkendar Singh said the weakening rupee can lead to an increase in device costs, which can impact the price-sensitive SMB (small and medium businesses) and consumer segments but despite all challenges, the India PC market is most likely to witness a low single-digit growth in 2025.
Lenovo had just 3.8 per cent share in the SMB segment.
India is among the fastest-growing markets for Google in the cloud services segment, a senior executive has said, adding that the tech giant is looking to partner companies in their business transformation through its offerings. Google Cloud India is seeing an "increased adoption" of its offerings across segments from the public sector to small and medium businesses and from startups and digital-native companies, Google Cloud India vice president and country managing director Bikram Singh Bedi told PTI.
Lenovo, the Chinese giant which acquired IBM's PC business a year ago, is aggressively positioning its ThinkPad brand of notebook products for the small and medium business customers in India.
Cisco, the global leader in networking for Internet, on Tuesday announced their strategy to tap into India's fast growing small and medium businesses in auto component manufacturing, retail, textile and garment sectors.
Oracle Corporation will bank on small and medium business segments to further its growth in India and expects to secure a "commendable" size of the SMB market, which had posted a 40 per cent growth in last quarter.
Reliance Jio may not ask for a premium for its 5G services in the initial stages of the launch, according to sources in the company. The company will roll out 5G commercial services in four cities -Delhi, Mumbai, Chennai, and Kolkata - around Diwali this month and slowly ramp up the processes for other cities, too. A senior executive, when asked whether Jio will charge higher tariffs for 5G against 4G, said: "In the initial stages, customers have to adopt 5G, then they will have to find value in the service, and then one can look at monetisation."
Reliance Industries Ltd on Monday announced an agreement to invest alongside Brookfield Infrastructure and Digital Realty in special purpose vehicles developing data centres in India. Reliance will hold a 33.33 per cent stake in each of the five Indian special purpose vehicles and become an equal partner, the company said in a statement. Digital Realty Trust, Inc is the largest provider of cloud and carrier-neutral data centre, colocation and interconnection solutions globally with 300+ data centres across 27 countries.
Indian PC shipments for the third quarter of CY21 touched a total of 4.5 million, making it India's biggest-ever single quarter. To put this in perspective, it is bigger than the total yearly consumer shipments in 2019, a year before the pandemic hit. As a result, many brands also reported their biggest quarter of PC shipments.
The social media giant is planning to launch roadshows in these locations as part of its 'SMB Boost' programme.
The company has separated SMB, earlier part of its consumer division, to make it an independent business.
Global information technology giant Hewlett-Packard (HP) is set to launch its special lines of products, targeting women and the youth in India.
In a bid to cater the small and medium business sectors in Goa and its neighbouring markets, IBM India has commenced its operations in the state under the brand name 'IBM Express Portfolio'.
Buoyed by strong demand from the corporate and small-and-medium business (SMB) sectors in India, Dell Inc, the world's No. 2 computer maker, said on Tuesday that it would be doubling the production capacity of its lone plant in India from 4 lakh to about 1 million units per annum. In a move to achieve this, the company announced the manufacture of a wide range of laptop lines at the Sriperumbudur plant near Chennai.
For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.
About 15 lakh small and medium businesses from India are using Facebook to reach out to customers.
Global networking company Cisco on Tuesday said it will expand to 16 more cities in the country and launch a new programme for small and medium business (SMB) specific partners.
Acer, one of the world's top five branded PC vendors, on Wednesday announced the launch of its Acer Power 290 series PC for the SMB market, based on Intel's latest Pentium 4 processor technology.
In a bid to push its current revenue of 20 per cent from the small and medium business segment in India, Germany-based enterprise software major SAP on Monday announced the launch of mySAP all-in-one solutions for micro-verticals.
Engineering graduates specialising in artificial intelligence and machine learning can earn up to 24 lakh a year, says Saran Balasundaram, founder and CEO, HanDigital, a talent consulting firm.
India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
It said the ransomware called 'WannaCry' or 'WannaCrypt' encrypts the computer's hard disk drive and then spreads laterally between computers on the same LAN.
International education consultant NNS Chandra shares advice on how to pick the right international education.
With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.
Modi had also said recently that there is a need to administer "bitter medicine" to revive the ailing economy.
Software market in India grew 10 per cent to $4.76 billion in 2013, driven by strong adoption of cloud or subscription-based services, research firm Gartner said.
Who will replace Chandra at TCS if moves to Tata Sons?
Microsoft India's chairman Bhaskar Pramanik tells Business Standard how India will be at the forefront of the company's 'mobile first, cloud first' strategy.
E-vyapar.com to help small businesses manage inventory & accounts online.
To be competitive, you need to focus on building products very rapidly, says Werner Vogels.
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