Smartphones are flooded with apps and apps are driven by content. Contrary to popular misconceptions, the HR function is quite versatile and attends to various business, statutory and people needs. PSD2 has been hailed as the first step towards more open, customer-friendly banking, thanks to its support of application programming interfaces (APIs).

On the 8th of November, 2016, the Government of India nullified all high value currency in circulation in one stroke. The concept of “Research Offline and Purchase Online” – also referred to as “Showrooming” is increasingly becoming commonplace with e-commerce players offering attractive discounts to woo customers away from brick-and-mortar retail stores.

4/11/2017 · By Alex LielacherNot a day goes by without a media mention about blockchain technology’s potential to change the status quo of how data will be. Full mesh is the network where every node is connected to every other node in the network. In this context, “agile” marketing is an approach that is increasingly gaining currency. As a logical step forward, information proliferation has led to a surge in m-commerce driven by smartphones. Based Startup Revolutionizes Corporate Marketing through its Brand Engagement Platform-. MindTree may not feature in the top 10 best companies in India to work for, but its policies, procedures and above all – a unique approach to business have been lauded by employees, customers, partners, and vendors; and NGOs who are part of its CSR initiatives.

Smartphone usage continues to be on the rise in India. Today, Indian Retail enjoys an enviable position in the Global Retail story. Financial Technology, more simply known as “FinTech”, is the use of technology in Banking, Financial Services and Insurance (BFSI) to simplify transactions. If one link fails, the nodes can take different route to reach the destination. This increasingly real-time nature of marketing is shrinking timelines – from planning to creative development to measurement and campaign optimisation. The medical profession is no exception.

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​Sawtooth Lake is one of the major project under Hyperledger that is submitted by Intel and supports a modular Blockchain suite. The same figures for overall IT (export+domestic) would be 13% and USD 146 billion. The growth of Indian Telecom all through the 2000s decade and the first half of this decade has been very impressive. Customer-centricity is the prime goal of every business. Service Oriented Architecture “is a method that makes it possible for services to interact with one another independently”.

” In simple terms, artificial intelligence is the quest to develop systems that are self-learning. End-customers expect personalisation as a part of their web experience. Marketo defines marketing automation as “a category of technology that allows companies to streamline, automate, and measure marketing tasks and workflows, so they can increase operational efficiency and grow revenue faster. The parent company that manufactures Royal Enfield bikes – Eicher Motors has as much legacy as its products.

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The way consumers interact with brands has seen a tectonic shift. Each time a new technology is introduced it is received with a lot of scepticism until it becomes familiar and its usage mainstream. Today when customers want to know some product information, or have queries, complaints, suggestions, comments or questions, they use combination of communication channels such as e-mail, phone, short messages (SMS), social media, text, mobile, and websites. Organisations resort to cost-cutting measures owing economic downturn, increased competition leading to shrinking margins, automation, among other factors. Flipkart was the first to recognize this issue when it rolled out the much-talked-about Cash on Delivery (CoD) option – a feature not available in developed economies.

It is widely perceived that online commerce, with its use of advanced technology and tracking mechanisms, has put physical retail outlets on the back-foot. New Tipster Platform Perfect, fast and very professional. Depending on the product category, and the ingenuity with which the technology can be leveraged, VR can inspire awe and improve brand connect while immensely assisting with closing the sale. Right now, there is no clearly defined path to help banks navigate through these disruptive changes. There are several reasons for this. Telecom provides the tools, channels and instruments for communication, and is the backbone of any business economy.

“Once you have a block chain client, such as a wallet, you can actually transfer funds to. In the IT Industry too, project success rates have seen a phenomenal growth since data gathered in 1994’s Standish group first CHAOS Report study, which found that the project success rate was 16% only, then. These include queries related to bill summary, balance enquiry, talk-time related queries, etc. Employers face a large skill gap arising out of two scenarios. In marketing terminology, this is referred to as “Ambush Marketing” – a practice in which a rival company attempts to associate its products or services with an event that a brand is already sponsoring; usually at the expense of the latter. As per a recent study, 79% of customers spend at least 50% of their total shopping time researching products and services online. This shift is ushered in by a growing digital landscape characterised by multiple digital devices ranging from hand-held devices, kiosks, wearables, palm-top computing to in-car entertainment devices that allow commerce.

In order to use one, you will have to sign-up with one of the many mobile wallet service providers. However, the number of net-banking users is less than a third of the number of debit cards issued – though the numbers have improved from 2011 when only 7% of bank account holders used net banking. India has a large population, especially in the rural areas, that is largely unbanked. 4 billion connected devices will be used worldwide in 2017, up 31% from 2016. In this journey to uncomplicate customer interactions with banks and to simplify banking transactions, many transactional features have been built into easily accessible mobile applications. The financial sector has been cited as the most important contributor to the GDP of the country of about 6% in 2014-15.

The widespread use of mobile phones has made mobile an important channel for key insurance functions including prospecting, policy issuance, administration, claims processing, renewals; among other areas

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Agile methodologies provided repeatable processes with success for nearly 25 to 30 years in software industry. It is based on a concept of blockless distributed ledger called Tangle. She is a force to reckon with who has set an industrial benchmark to look up to. In their quest to obtain deeper consumer insights, improve efficiency, scale productivity, and make more informed business decisions, organisations are driving the need to “industrialise” analytics. It’s free to use most social platforms, so you have free rein to post whatever you want. The concept is rather simple: efficiently do away with expenditure that is expected to increase operational costs while not radically altering the overall experience.

This note describes the research done by Bain & Company (2015) in applying agile in organizational innovations

25 billion people has just over 1 Lakh bank branches through-out the country as of 2013. In emerging markets such as India, family-run businesses are just as commonplace as professionally managed firms. Investopedia defines Holacracy as “A system of governance where members of a team or business form autonomous yet symbiotic teams to accomplish tasks and company goals. Financial Technology, more simply known as “FinTech”, is the use of technology in Banking, Financial Services and Insurance (BFSI) to simplify transactions. According to an A T Kearney report “India is the third-most attractive retail market for global retailers among the 30 largest emerging markets”. This model is prevalent across products spread across a wide range of categories including Professional Social Networking (e.

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In the 2 quarters April-September 2015, FDI inflow grew by 13 percent to reach a staggering US$ 16. Leading manpower firm Randstad defines Employer branding as “The image a company projects as a potential employer. In their quest to obtain deeper consumer insights, improve efficiency, scale productivity, and make more informed business decisions, organisations are driving the need to “industrialise” analytics. As a consequence, the impact of IoT on retail is expected to increase manifold in the coming years. These teaching methods help students relate to the learning acquired in undergraduate courses, build on that knowledge further, while also enjoying the entire learning process.

The shift from a single channel environment to a multi-channel environment to what is now being billed as the “self-actualization” in delivering retail customer experiences – unified commerce. At a time when retailers are struggling to engage customers and improve their overall interaction experience, social data is proving to be a rich source of identifying key barriers and opportunities in taking retail customer experience to the next level. ” Cloud computing is storing data and applications remotely rather than within an enterprise’s own premises. The Indian economy is on a boom cycle with several industry sectors recording unprecedented growth rates compared to the past. Of these, 11,564 or ~11% ATMs were located in the rural areas. Something else to consider is that, to ensure speed and accuracy while keeping costs down, banks will need to automatise these processes as much as possible.

However, its origin, growth and evolution have been slow and gradual, contrary to popular misconceptions. Retrenchment becomes an unavoidable measure in helping organisations scale down costs and pare losses. There are several components and products available now that, when combined, can address the issue of exposing data in a secure and controlled way. The incumbents were well entrenched with strong logistics, a large dealer network, trusted brands, world-class R&D capability, deep pockets, huge marketing budgets, et al and yet they faltered. If this content is relayed or broadcast in digital form to other users, the content creators lose the rights over the content – not legally but because the transmission robs them of the rights to distribute the content to intended recipients. Achieving this regularly is important. Being a market leader is any industry, irrespective of the geography one operates in, is no small achievement; all the more in a country like India that is teeming with over 1.

Achieving this regularly is important. DevOps helps ensure higher quality software, better rates of customer adoption, and fewer risks in product and service delivery. Retailers are striving to identify ingenious ways to improve customer experience. More recently, we have home automation systems that can be paired with the owner’s smartphone to regulate and control household appliances using voice command programs. Operations Management is an overarching field of Management that incorporates management of individual departments such as Production, Sales, Marketing, Finance, HR, Business Continuity, Investment, etc. On the other hand, the current scenario as per a recent survey is that 71% of the employers claimed that they blocked employees from accessing social networks.

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Businesses mandate procurement functions with the task of demand fulfilment in a timely manner while ensuring cost-efficiency

India and the Indian penchant for enterprise are well-recognized throughout the world. Inventory management is integral to successful retail management – especially when inventory is not limited to a niche product range. This note describes the research done by Bain & Company (2015) in applying agile in organizational innovations. , have been sorted out. However not all of them could keep up with the dynamics of the new world order and very few have survived or grown through the centuries. It makes operations considerably more precise while taking efficiency and reliability a notch higher.

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Agile methodologies provided repeatable processes with success for nearly 25 to 30 years in software industry. There is a marked surge in smartphone usage over the past few years. COOs or Head of Operations have been the perfect interface between Top Management and the average employee. The power of graph technology for insurance price comparison * “Before too long we won’t. If you have a strong employer brand, then your company is considered a distinctive place to work, with attractive brand values and career prospects. All this demonstrates how vulnerable the system is and the fact that the current security measures require a serious overhaul.

With two to three simple steps, mobile wallets offer users the convenience of transacting across online and offline merchants listed with the mobile wallet service provider

And that is what ICFAI’s MBA in HRM program achieves. Every brand – or at least consumer brands – operates with the aspiration to become a household name. A lot of noise is being made about ‘omni-channel’, digital transformation, different types of services, mobile banking and more. Sectors that have been using drones include real estate, construction, media and entertainment, etc. Bobsguide attracts over 70,000 fintech buyers and sellers every month. This is true across a plethora of categories including fiction, non-fiction, music, video, etc.

Therefore, “innovation at scale” is the need of the hour in driving the “API economy” to the next level. These include FAQs, discussion forums, virtual assistants and mobile self-care apps. In a span of five years, the tables had turned. If one link fails, the nodes can take different route to reach the destination. However, global large-format retailers have taken the battle with e-tailers head-on by investing in technology enablement in retail store-fronts.

Having largely leveraged the potential offered by mobile apps, banks see the opportunity that social banking presents in the county. This has added more depth and new respect for the Operational role. The advent of the Internet of Things (IoT) opens up endless possibilities for the retail sector in several areas including optimizing operations, building smart stores, streamlining supply chain, enhancing customer engagement, among other aspects of the retail business. There is growing interest in drones in the retail sector too. One can prepare him/herself for a career in Retail by doing the right things. To capitalise on technology mobility, mid and senior level employees are given handheld computing devices – and not just mobile phones.

On the 8th of November, 2016, the Government of India nullified all high value currency in circulation in one stroke. We have not tried all of them, however, We have made a qualitative analysis of all the platform based on the following parameters. While value-based buying continues to be a key proposition, convenience is equally important. Along with China, India will contribute to 40% of all Retail growth over the next decade, according to industry experts. Shyam is the Creator-in-Chief at RadioStudio. Telecom provides the tools, channels and instruments for communication, and is the backbone of any business economy. This content is accessible via the viewers mobile devices through the content provider’s mobile app.

The term refers to an arrangement where people from another country travel abroad to get medical treatment while also making time for local attractions of the country. Also, India is an agrarian consumption driven economy firmly entrenched in the cash-centric market. Customers increasingly rely on their circle of influence – their friends, colleagues, family, etc. Partial mesh is thenetwork in which some nodes are connected to some other nodes; it is not mandatory that each node should connect to every other node. If you are asked to examine the historical development of technical education, you will find that the foundation in India was laid at the same time as in Europe, although growth was restricted till India became independent. There is clearly a pressing need for greater access to banking in the country.

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We offer the ELK stack, which is the most common log. Besides cost savings, procurement functions are entrusted with delivering on metrics that measure performance against previous years. The parent company that manufactures Royal Enfield bikes – Eicher Motors has as much legacy as its products. They often feared for his future. Social Media Monitoring constitutes a large part of this consumer feedback gathering exercise. The Government of India has also shown interest and introduced several reforms to enhance the industry. Indian Retail is the toast of the global Retail Industry. 2 Million in 2016 to USD. It’s not unusual for youngsters from Marwari families to branch out on their own and away from the family business, in an effort to carve out a unique identity.

In order to use one, you will have to sign-up with one of the many mobile wallet service providers. However, the number of net-banking users is less than a third of the number of debit cards issued – though the numbers have improved from 2011 when only 7% of bank account holders used net banking. India has a large population, especially in the rural areas, that is largely unbanked. 4 billion connected devices will be used worldwide in 2017, up 31% from 2016. In this journey to uncomplicate customer interactions with banks and to simplify banking transactions, many transactional features have been built into easily accessible mobile applications. The financial sector has been cited as the most important contributor to the GDP of the country of about 6% in 2014-15.

Besides cost savings, procurement functions are entrusted with delivering on metrics that measure performance against previous years. Recently, there was news of customer password data being stolen from leading Indian private sector banks. The 1990s were a period of steady growth and consolidation for Indian IT & ITeS companies. Cloud usage continues to rise every year. The widespread use of mobile phones has made mobile an important channel for key insurance functions including prospecting, policy issuance, administration, claims processing, renewals; among other areas.

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 By providing privacy and control within a private peer-to-peer network it is an enhanced version of the Bitcoin core software for private financial transactions. The term refers to an arrangement where people from another country travel abroad to get medical treatment while also making time for local attractions of the country. We first discuss how the blockchain is used in Bitcoin, before looking at how. IOTA is the new kid in the block. Healthcare is one of the top 5 performing sectors of India along with IT/ITeS, Infrastructure, Telecom and Retail. To make things even more difficult for marketers, consumers traverse between more than one screen – this simply means marketers will need to personalize the messaging in order for consumers to take note.

HydraChain is a joint development effort of brainbot technologies and the Ethereum project. The most important advantage of the platform is the unification of very isolated VR market into one system. However, there continues to be ambiguities around entry rules and mode of operations. The quality of the content determines its popularity. Indian consumers have always preferred shopping via physical stores after ensuring that the product look and feel is worth the money spent. The convergence of smart devices and high-speed networks has changed the nature of the game. 8 percent in the financial year 2015-16 and 8.

In other cases, organisations empower their customers to pass-on product feedback directly to product managers by sharing their email alias, etc. It is not merely a technological enhancement replacing the ubiquitous barcodes. The payments platforms include e-commerce portal enabled native platforms such as Amazon Payments, Bank-enabled platforms such as HDFC PayZapp, Mobile wallets such as PayTM, Oxigen, MobiKwik, and PayUMoney. Blockchain and Big Data – only 5 of the 10 technology trends forecast to define the. For enterprises, mobility, is today, what the Internet was a little over two decades ago. Per a report published in Statista, mobile ARPU is among the highest in the US at , while it is .

These include queries related to bill summary, balance enquiry, talk-time related queries, etc. Given this backdrop, policymakers the world-over have perceived the need to build a fund to bridge the gap and pave the way for creating the infrastructure needed to improve rural tele-density. For banks then, the question remains: will they partner with the new industry players or will they try to develop everything on their own. From the standpoint of brands, they can use the platform to establish brand awareness, build curiosity for and interest in their offerings, forge consumer brand association and drive loyalty. Technology is an operational imperative in the BFSI sector for a plethora of reasons including for managing scale, mitigating risks, customer profiling, etc. This is especially true in Industries such as Manufacturing and Retail. Leading television channels have a mobile app which allows their viewers to tune in to their favourite show for pre-cap/recap or just to catch-up on an episode they might have missed. Healthcare is one of the top 5 performing sectors of India along with IT/ITeS, Infrastructure, Telecom and Retail. Indian SMEs contribution to Indian economy is:
45% of Industrial output, 40% of exports, 8000 products development, 42 million employment overall, and one million new jobs every year.

Some banks have already embarked on their digital transformation journeys and have put some of these components to work:SOA (Services Oriented Architecture) – with an ESB (Enterprise Service Bus) and governance model in place, likely supported with an API gatewayBPM (Business Process Management) – with a BPM plan, it is much easier to automatise and monitor processesCRM (Customer Relationship Management) – traditionally used for the banks’ own customers, this will need to be applied to partners as well. Nokia vice president Bryan Biniak is positive about the future of Windows Phone platform. Setting up a bank branch requires significant expenditure towards infrastructure, additional personnel, etc. Therefore, keeping track of performance at the individual profit centre assumes primacy. She is a force to reckon with who has set an industrial benchmark to look up to. They participate in a platform called Steam. Investopedia defines micro-finance as “A type of banking service that is provided to unemployed or low-income individuals or groups who would otherwise have no other means of gaining financial services. According to a Randstad survey on workplace flexibility, 53% of the respondents from India said they prefer telecommuting, while 47% prefer to work from the office every day.

Full-text (PDF) | This paper presents a comparison of five general-use blockchain platforms. Firstly, a large chunk of customers own smartphones and depend on them to make purchase decisions. In order to gain foothold and market share, companies spend significant marketing dollars with the objective of achieving significant brand recall, and even better, making their brand synonymous with the product or service being offered. According to their website, HydraChain is an extension of the Ethereum platform which supports the creation of scalable blockchain based applications that comply with organizational and regulatory requirements. On the 8th of November, 2016, the Government of India nullified all high value currency in circulation in one stroke. In small towns and remote areas, people will have to travel lengthy distances just for basic access. Designed to cater to specific risks faced by low-income households, micro-insurance cover includes crop insurance, life insurance health insurance, small business, etc. Further, employer branding is an important function in eventually retaining talent and thereby reduce attrition. The idea is to gain maximum mileage with minimal marketing spend.