75% of NASSCOM EMERGE 50 List have B2B Offerings
Big data and Artificial Intelligence (AI) are the new enterprise favorite, indicates the latest NASSCOM Emerge 50 – 2016 list. It was found that 75% of the most innovative startups or emerging companies specialize in big data (22 companies) and AI (14 companies) technologies. There are over 15 startups offering cloud services. The startups span across technology areas such as IoT... By CIO&Leader
Gartner: Smart Machines will be one of the top 5 investment priorities for CIOs
By 2020, smart machines will be one of the top five investment priorities for more than 30% of CIOs, according to Gartner. With smart machines moving towards fully autonomous operation for the first time, balancing the need to exercise control versus the drive to realize benefits is becoming crucial. “Human beings are still required as the final point of redundancy in an autonomous... By CIO&Leader
What would happen if AI takes over, WEF raises concerns
Artificial intelligence has been an area of interest since decades but it was not until recently that it has silently become the way we do business; and if the technology keeps going at the same pace it would not take much time that AI would become the way we live. Now when the adoption of AI is at its all time highs, it is really important to address the issues, fears and threats... By CIO&Leader
78% of Businesses Feel Threatened by Digital Startups
78% of businesses believe digital start-ups will pose a threat to their organization, either now or in the future, according to Dell Technologies research. Almost half (45%) of global businesses surveyed fear they may become obsolete in the next three to five years due to competition from digital-born start-ups. Some companies are feeling badly bruised by the pace of change. More than half (52... By CIO&Leader
Can we make corporate IT look cool again?
Even though business dependence on technology has grown manifold, somewhere the image of corporate IT has taken a beating. It is no more that awed function as it used to be at one time. There are three primary reasons for this change. First is the democratization of technology. One aspect of that democratization—consumerization of enterprise technology—is well discussed. Today... By
Algorithm can change the way we bank, take cue from this startup
Not long back, Indians were skeptic of making online transactions or of doing card payments. Now, it is predicted (by BCG and Google research) that digital transactions will surpass the cash transactions in India by 2023. This signals that India is providing a hospitable environment for FinTech to happen. Indian FinTech have matured from being innovative transaction modes to penetrating into the... By Shyna Kalra
'Startups should focus on creating innovations for India before going global'
During a session on the Indian start-up scene in the World Economic Forum’s India Economic Summit, leading entrepreneurs and venture capitalists outlined the challenges ahead, given the obvious potential for technology-related companies in India that now boasts several hundred million people online. “We now have a customer base that can sustain large companies," said Vijay Shekhar... By CIO&Leader
UPI: Cashless Convenience for the Indian Consumer
All you need to know about UPI There are some ideas that fail to catch up with technology development; newer technologies just leapfrog them. There are others that are well ahead of their times; the users, the technology and/or the environment is not ready for them. Then, there are ideas that come as answers to the pressing demands of today and tomorrow. Unified... By CIO&Leader
'IT should look at business KPIs of the organization and create new benchmarks'
What are the outlook and big business imperatives for Indian automotive sector? The Automotive sector in India is going through a growth phase. It is expected to almost double in the next five years. One big challenge is huge growth. Another challenge is changing needs of the customer. Managing that is another big business challenge. As a market leader, how do you address some of these... By Sachin Nandkishor Mhashilkar
Meet the Enterprise Tech unicorns!
It is no secret that it is increasingly becoming easier to attract venture and investment by starting a tech-enabled consumer business. If not, you provide services to big businesses. But creating enterprise technologies that corporate customers will use to solve their business problems is a tough call. CB insights, a venture investment database provider, lists 176 yet-to-be-listed companies... By CIO&Leader
Algorithmic wave is coming; these technology trends can be the life savers
By 2025, every industry will be transformed by digital business, as per Gartner, then what is going to be give one organisation edge over the other is not when one adopted digital but how well they donned this inevitable change. It is the time when CIOs and other IT leaders can inspire their organization and help it become a leader; but how? May be these top 10 technology trends can... By CIO&Leader