Market News

Global Cloud War: Amazon Web Services vs Microsoft Azure vs Google Cloud Platform: The Current Market Scenario

The year 2015 marked a new era in Cloud Service Provider (CSP) space.  Last year, the market witnessed two major players come off age, and challenged the leader in the market head-on.  Although Amazon Web Services (AWS) has a head start in the market (being in the business for the longest time), Microsoft Azure, and Google Cloud Platform were not left far behind.  Both of the relatively new comers in the industry took the market by surprise in the technology as well as in promotional front.  Read more [...]

Virtual Reality in Ecommerce: Will it Transplant Real Time Shopping Experience in Ecommerce?

The growth of e-commerce in recent years has opened up new trading avenue for enterprises.  The websites are playing an important role as the medium of information dissemination.  Many studies have shown that 2-D representations of products are no longer impressive on websites than before, since demands for custom-designed products are rapidly increasing.  Due to arrival of high-speed network and advance in computer graphics, the Virtual Reality (VR) technology emerged as alternative way to resolve Read more [...]

Global Predictive Analytics Market To Reach USD 9.20 Billion By 2020 – How Predictive Analytics will Impact your Business?

Predictive analytics is the practice of extracting information from existing data in order to determine patterns and predict future outcomes and trends.  Predictive analytics does not tell you what will happen in the future.  It forecasts what might happen in the future with an acceptable level of reliability, and includes what-if scenarios and risk assessment. The global predictive analytics market to grow from USD 2.74 Billion in 2015 to USD 9.20 Billion by 2020, at an estimated compound annual Read more [...]

Technology Impact on Translation Industry and Global Outlook 2020

The economic growth, accelerated global trade, and improvement in technology have brought higher importance to the the local languages n Asia and Africa as well.  Big software firms like Microsoft find it profitable to localize their wares in small languages like Vlach, Belarusian or Luxembourgish.  There are multiple languages and dialects exist in different countries and even in Europe, the European Union members have to communicate in in 24 tongues.  Translation is no longer usually to or from Read more [...]

Electronic data interchange (EDI) Global Market and its Applications in Industries

Electronic data interchange (EDI) is a computer-to-computer exchange of business documents among companies.  EDI is an innovative electronic communication technology that offers exchange data standards, for exchange of data by any kind of electronic technology.  EDI replaces the process of faxing and mailing of paper documents.  EDI documents utilize specific computer record formats that are based on widely accepted standards.  However, each company will use the flexibility allowed by the standards Read more [...]

Food Tech Startups – Learn from Mistakes and Find out How to Make Food Tech Startups a Huge Success Now!

Food Tech, popularly known as online food delivery business, is considered as a cash intensive business. The cash is burnt primarily on account of spending on technology, customer acquisition (including marketing) and logistics. According to India Brand Equity Foundation (IBEF), the food and grocery market in India is the sixth largest in the world, with retail contributing 70% of the sales. It is projected to touch US$482 billion by 2020, growing at a rate of 104%. The organized food industry Read more [...]

Self-Paced Learning Global Market – Will Asian Market Leads in the Coming Years??

There seems to be universal agreement that the worldwide e-Learning market will show fast and significant growth over the next three years (2016-2018).  The worldwide market for Self-Paced E-Learning had reached $35.6 billion in 2011.  The five-year compound annual growth rate (CAGR) has been estimated at around 7.6% which gives an indication that the revenue would reach $51.5 billion by 2016.  Details are as follows; Self-Paced Learning, as the name suggests, is the process in which a Read more [...]

Startups India – Updated PESTLE Analysis. Will the New Startups Announcements Become a Big Bang for Startup In India?

With the launching Prime Minister Narendra Modi's ambitious Start-Up India mission there is a need to perform PESTLE analysis to find out the impact of startup plans in the current startup eco system. PESTLE analysis is a business measurement tool to assess the overall macro environment of business.  PESTEL is acronym for Political, Economic, Social, Technological, Legal and Environmental.  It is a part of the external analysis while conducting market research, and it gives an overview of multiple Read more [...]

Startup India – Stand up India: Key Announcements in the Startup Plan 2016. Will it Boost Startup Culture in India?

For the first time in the history, the Government of India has recognized the startup space, and announced host of measures to boost up the digital entrepreneurship in India. Generally, entrepreneurs are scared of government interference, and this fear keeps them away from setting up new ventures. The mixed economy as practiced by Independent India was synonymous with license raj, and spotting right person to pull strings in order to get things done. Genuine entrepreneurs who lack influence and muscle Read more [...]

Real-time Financial Reporting – Increased Expectation of Investors

Although the definition of real-time reporting vary, in effect the Real time means shifting from a process of making data available only at certain pre-established intervals to one where it is provided on an as-needed basis.  The technological developments had increased the level of expectations.  We expect to have the latest news and commentary available instantly, and are ever more intolerant of any delay.  Similarly, investors now expect real-time information from companies to help them to Read more [...]
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