BengaluruITE.biz 2016 ends on high note with focus on Startups and Innovation

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– Sessions on Geospatial Governance, technologies and Next Gen Development
– G-Governance comes alive with the launch of K-GIS portal
– Young entrepreneurs felicitated at the Startup Karnataka Top Tech 25 Awards
Bengaluru, 30th November, 2016: The 19th edition of Karnataka’s flagship programme, BengaluruITE.biz concluded amid applause and accolades from exhibitors, delegates and participants alike. The action continued unabated with the day seeing varied topics in discussion, awards handed out and launches announced. 
“We are overwhelmed by the response that we have received towards BengaluruITE.biz. The true test was in the experience that people would share, and we are delighted that people have appreciated the work and theme that has driven the event this year. This interaction between the Government, corporates, entrepreneurs and international delegates is a critical one; it is this coming together that will ultimately provide sustainable solutions for the city, the State, the country and indeed the very future. We are committed to taking the feedback that we have received and will look at collaborative initiatives wherever feasible to ensure that the momentum that has been set in motion is maintained. We are grateful to everyone that has shown support and hope to turn each association into a long and mutually beneficial one”, said Mr. Priyank Kharge, Minister for IT, BT and Tourism, Government of Karnataka.
The day began with a keynote address by Mr. Swarna Subba Rao, Surveyor General of India and Mr. Malcolm Havercroft, Director – Operations, Ordnance Survey International on spatial technologies in Governance and Development. Mr. Rao spoke about the need for design and innovation and the need for more applications to be driven by design. The panel that followed defined the next in GIS and the need for policy to drive that innovation to fruition.
The K-GIS programme mandates the inter-sharing of geospatial data between multiple departments of Karnataka and also the public for various planning and developmental needs. The first phase pf K-GIS launched today integrates a huge amount of geographical layers with the government’s existing data. Departments like Education, Health, Backward Classes, Agriculture and Horticulture among others can use this data to aid their decision making process.
As part of K-GIS, KSRSAC has mapped more than three lakh departmental assets in the last few months. Also, a web portal with unique department-specific mobile applications has been developed by KSRSAC. In the next stage, it proposes to focus on developing master plans for urbanized pockets in the State and to monitor the conversion of land from non-urban to urban in a systematic and scientific manner. Also, a decision support system for land capability and crop suitability advisory will be developed.
The next frontier in tech innovations took over in the next session with a keynote talk by Mr. Hari Menon, Co-Founder & CEO, Bigbasket. Mr. Menon talked about the use of technology in delivering value to customers. Innovation, he said, was critical to every aspect of the businesses and talked about how innovation in processes led to lesser lead time between acquiring the produce to delivering it to the customer’s doorstep. The use of technology across the supply chain also ensured lower perishability in the farm to fork process. The panel discussion that followed was moderated by Mr. Naganand Doraswamy, President TIE Bangalore, Founder MD & CEO, Idea Springs Capital, and had Mr. Shashank N.D, Founder, Practo, Mr. Gaurav Hinduja, Co-Founder, Capital Float and Mr. Rahul Narayan, Team Lead, Axiom Research Labs contributing to the discussion.
The session on Design Impact, moderated by Ms. Sonia Manchanda, Founding Partner, Spread Design & Learning dwelled on how big and small companies are leveraging design and technology to define the next by marrying technology and design to redefine design paradigms that can open up a whole new world of possibilities.
The Design Impact session was followed by Design Hacks, a series of presentations by innovative startup leaders who despite being from tech startups have followed their passion for design to create meaningful innovations. The panel included Mr. Somnath Meher, Founder, Wit Works, Mr. Satish Kannan, CEO & Co-Founder, DocsApp, Mr. Vivek Rajkumar, Co-Founder & CEO, Airwood and Mr. Sandeep Ravula, Head Business Development, Hug Innovation.
An investor panel on Funding for Tech Startups included eminent leaders like Mr. Rishad Premji, Chief Strategy Officer, Wipro, Mr. Samir Kumar, MD Inventus Advisors, Mr. G.V. Ravishankar, MD, Sequoia Capital and was moderated by Mr. Sanjay Anandaram, Venture Partner, Seedfund. Among other things, the panel talked about two ends of the spectrum – on the one hand, startups that want to work with corporates should first gain an understanding of what corporate business units need and on the other, corporates must begin to recognize and respect that innovation comes from these very startups.
A series of interesting presentations were made by young and new entrepreneurs under the aegis of Startup Karnataka YESSS. A forum that provides young entrepreneurs looking for partnerships, collaborations, investments and mentoring, YESSS has been providing opportunities for innovative ideas to blossom into a complete growth plan. Of the 136 applications received this year, the six that were selected and presented at the event were Arjun Pratap, CEO, AVR Edge Networks, Anjan Kumar, Co-Founder, Greendzine, Priya Randolph, Co-Founder & MD, Initcodes, Bipin Chandra, CEO & Director, Esya Soft Technologies, Nikhil Jois, Co-Founder & CEO, Eventosaur and Kumaraswamy Kariyappa, MD, Aiddition Technologies.
The evening concluded in grand style with the first ever Startup Karnataka Top Tech 25 Awards being held at the BengaluruITE.biz 2016. The awards are constituted to recognize promising startups of Karnataka, with an aim to encouraging more entrepreneurship in tier two and three cities of the State. With over a 100 nominations received, 25 awards were handed out across five categories including IT/ITES, ESDM (Electronic System Design & Manufacturing), AVGC (Animation, Visual Effects, Gaming and Comics), Biotechnology, Pharma & Life Sciences and Social Inclusions.

About BengaluruITE.biz 2016
The Next wave of growth in Information Technology & Electronics Sectors is expected to be driven through Digital Disruption. The digital disruption will lead to development of ground-breaking products and technologies. The City of Bengaluru is recognized as the Capital of Innovation, thanks to its robust network of leading IT & Electronics companies, Research Institutions as well as its vibrant StartUp culture.
The Department of IT & BT, Govt. of Karnataka has taken many initiatives to support the innovation ecosystem hence BengaluruITE.biz 2016 will focus on ‘Define the Next.’
The event is jointly organized by the Dept. of IT & BT, Govt. of Karnataka and Software Technology Parks of India (STPI) Bengaluru.
Block your dates for the 19th edition from November 28th-30th, 2016 at Bengaluru Palace, Bengaluru.

20,271 Ph.D’s in Social Sciences and only 177 Ph.D’s in Entrepreneurship in last 16 years: EDII study  

Universities in Karnataka awarded second highest number of Ph.D’s in Entrepreneurship in last 16 years

·         Out of 740 recognised universities, only 66 awarded Ph.D’s in Entrepreneurship in last 16 years

·         59% of entrepreneurial research was done by male researchers

·         167 of these doctoral theses were in English and 10 in Hindi

 

Bangalore, November 30, 2016: Out of 740 recognised universities in India, only 66 have awarded Ph.D’s in Entrepreneurship in last 16 years. While 20,271 doctoral studies in Social Sciences were done in the last 16 years, only 177 Ph.D’s were awarded in Entrepreneurship. Universities in Maharashtra awarded the largest number of Ph.D’s in this period with 25 theses, followed by Karnataka with 18, Madhya Pradesh with 15, and Andhra Pradesh & Telangana with 12 each. These were some of the highlights of the research titled ‘Study of Entrepreneurial Research and Doctoral Dissertations in Indian Universities’ done by Dr. Kavita Saxena and Mr. Ganapathi Batthini of the Entrepreneurship Development Institute of India (EDII), an acknowledged national resource Institute for Entrepreneurship Education, Research, Training and Institution Building.    

 

The objectives of this study were to identify the nature and direction of entrepreneurship research in last 16 years; to identify quantitative growth of entrepreneurship research as compared to social sciences; to know the contribution of universities in awarding of doctoral degrees in entrepreneurship; and to find out the state-wise, gender-wise and language-wise distribution of research in entrepreneurship. The primary source of data for this study was obtained from the official publication of Association of Indian Universities, New Delhi for the period 2000 to 2015. 

 

Explaining the research undertaken, Dr. Kavita Saxena, Associate Faculty, EDII, said, “Entrepreneurship as an area of study is gradually gaining momentum and the discipline is moving towards academic legitimisation. However, there is still a long road to be travelled in the area of entrepreneurial research and doctoral education. This study highlights the growth and development of entrepreneurship research in Indian universities for the last 16 years.”

 

 

“Though the current study identifies women entrepreneurship as the most preferred area of research, further research can be done to identify other areas in which doctoral dissertations can be done in Indian universities. As the entire country is geared up for entrepreneurial movement, state level entrepreneurship policies can be studied. Research implications can be drawn by comparing those policies with the number and type of Ph.D dissertations undertaken in different states,” added Dr. Saxena. Out of the 177 doctoral theses, 104 were done by male researchers and remaining 73 by female researchers. English was the preferred language with 167 Ph.D theses, and remaining 10 were done in Hindi.

 

Suggestions derived from this study are: Indian universities should increase availability of Ph.D programmes and concentrate in providing methodological education, training and research in entrepreneurship. Department of doctoral research can establish linkages with existing corporate and family business enterprises so that opportunities for evidence-based research can be explored. This can be used to overcome the divide between knowledge developed in the field of entrepreneurship and its use in practice. As there is a shortage of experts/Ph.D guides in the domain of entrepreneurship, collaborative industry-academia mentorship support should be arranged for scholars in Entrepreneurship. Doctoral programmes in Entrepreneurship can be promoted as a platform to connect researchers with start-ups who are keen on conducting market research for business opportunity identification, business plan preparation and other important areas of starting an enterprise. 

 

About EDII(www.ediindia.org)

Entrepreneurship Development Institute of India (EDII) is an acclaimed International Resource Centre facilitating all facets of Entrepreneurship Development. EDII’s mission is to be a catalyst in facilitating emergence of competent first generation entrepreneurs and transition of existing SMEs into growth-oriented enterprises through entrepreneurship education, training, research & institution building.

 

EDI’s mission has led to the emergence of several programmes under strategically planned centres to generate awareness, sensitise environment, strengthen institutional linkages and networking and impart training in specialised areas. EDII’s focus areas are: 1) Entrepreneurship Education & Research; 2) Micro Enterprises, Micro Finance and Sustainable Livelihood; 3) SMEs & Business Development Services; 4) Cluster Competitiveness, Growth & Technology; 5) Social Entrepreneurship & CSR; 6) Women Entrepreneurship & Gender Studies.

 

Gartner Says Worldwide Server Revenue Declined 5.8 Percent in the Third Quarter of 2016; Shipments Were Down 2.6 Percent

Bangalore, India, 30th  November, 2016 — In the third quarter of 2016, worldwide server revenue declined 5.8 percent year over year, and shipments declined 2.6 percent from the third quarter of 2015, according to Gartner, Inc. Among the top five vendors, only Cisco increased revenue in the third quarter, while Huawei and Inspur Electronics saw growth in shipments. HPE, Dell and Lenovo all experienced declines in both server revenue and shipments.

 

“The server market was impacted during the third quarter of 2016 by generally conservative spending plans globally. This was compounded by the ability of end users to leverage additional virtual machines on existing x86 servers (without new hardware) to meet their server application needs,” said Jeffrey Hewitt, research vice president at Gartner. “Server providers will need to reinvigorate and improve their value propositions to help end users justify server hardware replacements and growth, if they hope to drive the market back into a positive state.”

 

All regions showed a decline in shipments except Eastern Europe, which posted growth of 0.9 percent. In terms of revenue, all regions except for Japan experienced a decline. Japan grew by 1.3 percent.

 

x86 servers declined 2.3 percent in shipments and 1.6 percent in revenue in the third quarter of 2016. All vendors in the top five except for Cisco experienced a decline in revenue. In x86 server shipments, only Huawei and Inspur Electronics experienced growth.

 

Despite a decline of 11.8 percent, HPE continued to lead in the worldwide server market, based on revenue, with 25.5 percent market share (see Table 1). Dell declined 7.9 percent, but maintained the second spot in the market with 17.5 percent market share. Lenovo secured the third spot with 7.8 percent of the market. IBM dropped to the fifth position and experienced the largest decline among the top five vendors.

 

Table 1
Worldwide: Server Vendor Revenue Estimates, 3Q16 (U.S. Dollars)

Company

3Q16

Revenue

3Q16 Market Share (%)

3Q15

Revenue

3Q15 Market Share (%)

3Q15-3Q16 Growth (%)

HPE

3,247,087,045

25.5

3,682,417,477

27.3

-11.8

Dell

2,227,185,685

17.5

2,419,231,403

17.9

-7.9

Lenovo

994,447,261

7.8

1,065,664,119

7.9

-6.7

Cisco

929,440,000

7.3

885,600,000

6.6

5.0

IBM

889,723,595

7.0

1,327,761,197

9.8

-33.0

Others 

4,426,866,909

34.8

4,120,053,348

30.5

7.4

Total

12,714,750,495

100.0

13,500,727,543

100.0

-5.8

Note: Beginning in the second quarter of 2016, HPE’s server sales in China are reflected in H3C.

Source: Gartner (November 2016)

 

HPE secured the No 1 position in server shipments in the third quarter of 2016, with 18.3 percent of the market (see Table 2). Despite a decline of 9.8 percent, Dell secured the second spot with 16.8 percent market share. Huawei and Inspur were the only vendors in the top five to increase server shipments in the third quarter of 2016.

 

Table 2
Worldwide: Server Vendor Shipment Estimates, 2Q16 (Units)

Company

3Q16

Shipments

3Q16 Market Share (%)

3Q15

Shipments

3Q15 Market Share (%)

3Q15-3Q16 Growth (%)

HPE

493,268

18.3

613,101

22.2

-19.5

Dell

452,383

16.8

501,262

18.1

-9.8

Lenovo

228,097

8.5

242,005

8.8

-5.7

Huawei

163,355

6.1

134,163

4.9

21.8

Inspur Electronics

119,943

4.5

99,417

3.6

20.6

Others

1,234,567

45.9

1,172,725

42.4

5.3

Total

2,691,613

100.0

2,762,672

100.0

-2.6

Note: Beginning in the second quarter of 2016, HPE’s server sales in China are reflected in H3C.

Source: Gartner (November 2016)

 

Additional information is available to clients who have access to Gartner’s Servers Quarterly Statistics. This database provides worldwide market size and share data by vendor revenue and unit shipments. Segments include region, vendor, vendor brand, subbrand, CPU type, CPU group, max CPU, platform, price band, operating system and distribution channel.

 

About Gartner

Gartner, Inc. (NYSE: IT) is the world’s leading information technology research and advisory company. The company delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is the valuable partner to clients in approximately 10,000 distinct enterprises worldwide. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 8,300 associates, including more than 1,800 research analysts and consultants, and clients in more than 90 countries. For more information, visit www.gartner.com.

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Aditya Birla Financial Services Group puts “Health First” into Health Insurance

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Aditya Birla Health Insurance Co. Ltd. launched to catalyze expansion of Health Insurance market in India ~

Key Points of Note –
1. Aditya Birla Health Insurance Co. Ltd. Launched with a differentiated business model
2. Comprehensive Incentivized Wellness to be introduced to Indian consumers – Get Rewarded for staying healthy
3. Despite being a late entrant, ABHICL aims to expand the 27000 crore category, making it relevant to the young and health conscious, in addition to those dealing with chronic lifestyle conditions
4. ABHICL aims to be the most preferred customer partner by 2020 with significant market share

Bangalore, November 30th, 2016: Aditya Birla Financial Services Group (ABFSG) today announced the launch of its standalone health insurance arm under the brand Aditya Birla Health Insurance (ABHICL). ABHICL is a joint venture between the Aditya Birla Group and MMI Holdings Ltd. (MMI), a large and diversified financial services leader in South Africa.

ABHICL enters the Indian health market with a differentiated business model when compared to that of any existing health insurance player, offering health insurance to a wider set of customers by driving awareness and changing existing consumer attitudes in health insurance.

ABHICL would serve as an enabler and influencer of health and healthcare choices that customers make, in addition to being a payer of healthcare expenses. Thus, ABHICL would act like a much needed catalyst to grow the prevalent health insurance landscape in India through product innovations and a wider choice of consumer relevant products. ABHICL has connected solutions to the role a customer thinks health plays in their own life – be it as an enabler of good things or as a barrier to achieving life goals, empowering and motivating families to prioritize “Health First”, in keeping with ABHICL’s core business philosophy. 

Customers will be able to select their own healthcare providers from an extensive network, manage health care expenses through informed choices and will be given ample opportunities to improve their overall health. While ABHICL will target an existing captive consumer base of several million ABFSG customers, it plans to grow rapidly given its product philosophy that expands health insurance to a newer category of fit and healthy customers. ABHICL will also introduce a chronic care management programme to cater to the unmet needs of a growing Indian population of those suffering from 5 chronic lifestyle conditions.

Announcing the launch, Ajay Srinivasan, Chief Executive – Financial Services, Aditya Birla Group said, “We are very excited about the launch of ABHICL in partnership with MMI. In keeping with our vision of being a well-diversified financial services conglomerate that builds leadership through solving customer problems, ABHICL will seek to grow in a competitive market by making a positive impact on individuals and families. We are very bullish on this sector and our business model as health is a core necessity for the ambitious India.”

“Our partner brings a vast amount of knoweldge and IP in this area which we think will be invaluable to our customers”, he further added

Nicolaas Kruger, Group CEO of MMI Holdings said, “We look forward to extending our health insurance solutions to the Indian market and are excited about the growth potential in India. We aim to continually work together with ABHICL, to better understand customer needs and enhance our product offerings in line with what they need the most at any given point of time in their life.” 

Mayank Bathwal, CEO, Aditya Birla Health Insurance Co. Limited added “With the launch of ABHICL, we want to focus as much on ‘Health’ as on ‘Insurance’. Through our full range of retail and group health insurance offerings, we will look to expand the category as it will find relevance among a wider set of customers, including the young, health conscious and others dealing with the most common chronic lifestyle diseases. We aim to enhance consumer convenience leveraging the power of digital.”

ABHICL has invested considerable time and effort to understand existing correlations between good health and individual health choices. ABHICL’s product philosophy aims to combine understanding of this science with an assessment of unaddressed needs of large customer segments, which presently remain unfulfilled. This philosophy can be summed up in 4 simple points –

• Rewarding healthy behaviour with incentives that make efforts worthwhile
• Safeguarding health by guiding customers to manage chronic lifestyle conditions better
• Protecting health needs with dignity 
• Providing easy access to a holistic health and wellness ecosystem in a personalized, efficient and cost-effective manner through digitized processes 

On the distribution front, ABHICL will have a multi-channel distribution model across agency, broking, bancassurance, direct marketing, online channel and more. The agency channel will start with 9 branches across top 7 tier-1 cities and will expand reach in the next couple of years.

Aditya Birla Financial Services Group:
Aditya Birla Financial Services Group (ABFSG) ranks among the top 5 fund managers in India (excluding LIC) with an AUM of INR 217,840 Crore as on 30th September 2016 and has a lending book of Rs 31,823 Crore. Having a strong presence across the life insurance, asset management, private equity, corporate lending, structured finance, general insurance broking, wealth management, equity/currency/commodity broking, online personal finance, housing finance, pension fund management and health insurance business ABFSG is committed to serve the end-to-end financial services needs of its retail and corporate customers.

As on 31st March 2016, ABFSG reported aggregate revenue from businesses at Rs. 9,299 Crores and profit before tax from established businesses, in excess of Rs. 1,110 Crore. Anchored by about 13,000 employees and trusted by over 9 million customers, ABFSG has a nationwide reach through over 1,350 points of presence and more than 125,000 agents / channel partners. For more information, please visit http://www.abfsg.com.

Aditya Birla Nuvo Ltd:
Aditya Birla Nuvo is a USD 3.6 billion conglomerate with leadership position across its businesses. Its Financial Services business ranks among the top 5 fund managers in India. Its Telecom venture, Idea Cellular, ranks among the top 3 cellular operators in India. It is a leading player in Linen, Agri, Rayon and Insulators businesses. ABNL has recently ventured into the Solar Power and Health Insurance businesses. It has also received an in-principle approval from RBI to set up a Payments Bank in joint venture with Idea Cellular.

Aditya Birla Nuvo is a part of the Aditya Birla Group, a USD 41 billion Indian multinational. The Aditya Birla Group is in the league of Fortune 500. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 36 countries across the globe. About 50 per cent of its revenues flow from its overseas operations.

About MMI Holdings:
MMI Holdings Limited (MMI) is a South African based financial services group listed on the South African stock exchange, the JSE.  The group operates in the market through multiple client-facing brands including insurance and investment brands Metropolitan and Momentum, South Africa’s number one cell captive insurer Guardrisk and wellness & rewards programme Multiply. MMI operates in 17 countries across the globe: 13 in the African continent, Hong Kong, Indonesia, United Kingdom, and India through a direct presence, strategic partnerships and joint ventures.  Visit us at http://www.mmiholdings.co.za

India’s direct selling industry trains over 5 Million people annually and is a core component of the Government’s flagship campaigns – Make in India, Digital India, Skill India & Start-up India FICCI‐KPMG Report‐ 2016 – ‘’The contribution of Direct Selling to Building India’’

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