Category — Information Technology

Global Grocery Markets Set to Grow between Now and 2020

Food and consumer goods research firm IGD forecasts that “the vast majority of global grocery growth will come from Asia, Africa and Middle East supported by increasing affluence, urbanization and rising populations,” according to GlobalMeat News.

 

Rank Country 2020 $Bn 2015 $Bn % Change in Value 2015 – 2020
1

China

1,491

1,119

33

2

U.S.A.

1,305

1,078

21

3

India

901

503

79

4

Russia

557

380

47

5

Brazil

547

389

41

6

Japan

485

457

6

7

U.K.

352

310

14

Top 7 Global Grocery Markets

 

Online grocery “will enjoy explosive growth in China”, and “the grocery sector in India will grow by 79% in the next five years”. It will be boom time for western grocery products in Asia, Africa and the Middle East for such companies in the west that have good export marketing skills.

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August 31, 2015   No Comments

Microsoft to Inaugurate its First Digital Experience Center in India

In collaboration with the Vadodara Chamber of Commerce and Industry in the western state of Gujarat, Microsoft plans to open its first Digital Experience Center. Manohar Hotchandani, Director, Business Development at Microsoft India announced, “Managed by Microsoft’s distributor Ingram Micro, the center will help businesses, institutions, partners and individuals gain a first-hand experience of modern technologies on devices running Microsoft software, including Windows apps and Office 365.”

The center will cater to small and medium enterprises, entrepreneurs and educational institutions and Microsoft’s latest innovative Edu-Cloud will help them leverage contemporary cloud technology to drive business growth as well as enhance skills and promote learning reports Firstpost.

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August 29, 2015   No Comments

Amazon Web Services Plans to Open a New Infrastructure Hub in India

Amazon Web Services (AWS) announced that it plans to open a new “infrastructure region” in the world’s second most populous country sometime in 2016.

“Tens of thousands of customers in India are using AWS from one of AWS’s eleven global infrastructure regions outside of India,” said Andy Jassy, senior vice president of AWS, in a press release. “We’re excited to share that Indian customers will be able to use the world’s leading cloud computing platform (AWS) in India in 2016 – and we believe India will be one of AWS’s largest regions over the long term.”

AWS already boasts a number of customers in India, including Capillary Technologies, HackerEarth, Getit, Druva, Vserv, Hungama, Tata Motors, Jubilant Food Works, and STAR India says Geek Wire.

“We see huge potential in the Indian economy and for the growth of e-commerce in India,” Jeff Bezos, founder and CEO, of Amazon said.

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August 29, 2015   No Comments

Oracle Plans to Set Up Data Centers in India

With the government of India’s initiatives such as Digital India, e-governance and m-governance, Oracle expects an increase in demand of data services in the country, and plans to set up its own data centers to host applications and other cloud-based solutions.

“Today we have around 600 products in the cloud; about 220 of them are applications and around 240-300 are platforms in infrastructure and data offerings. They represent a huge percentage of our total customer offerings,” said Thomas Kurian, president, product development, at Oracle.

The company is also expecting to see its suite of products being in demand in the banking, financial services and insurance, telecom and manufacturing sectors too as well as in the mid-market space.

India employs Oracle’s second largest workforce of developer and engineers, making it one of our most important product development centers across the world. The talent here and the work the teams are doing have played a very important role in helping our customers transition to the Cloud,” added Kurian.

Business Standard reports that the company is planning to set up a center in the Gujarat International Finance Tec-City (GIFT City) which is under development in the Gandhinagar district of the western state of Gujarat.

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August 29, 2015   No Comments

Aricent Acquires India’s SmartPlay Technologies

California-based pure-play product engineering and software firm Aricent acquired SmartPlay Technologies of Bangalore for  $180 million.  1,100 developers at Aricent and the staff of 1,200 at SmartPlay will be combined to create a new group that will focus on custom versions of chip sets for servers, game consoles and other systems adding security, graphics and other accelerators. The co-founder and CEO of SmartPlay Pradeep Vajram will be the president of the new group.

“A lot of companies are looking at vertical integration and want devices that are specific to their needs that they can build value on,” Vajram told EE Times. “There are big OEMs convinced semiconductors will add value for them — this trend is just beginning and will continue. India is very mature right now when it comes to implementation skills — I don’t think there is any difference between its capabilities and those in North America and Europe,” Vajram said.

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August 20, 2015   No Comments