Jan 31, 2020 - "You can't be a successful technology company unless you tap the India market"

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TradeBriefs Editorial

From the Editor's Desk

The Case for Businesses That Don't Scale

The real unicorns are those that stand the test of timeWith a volatile economy, uncertain trade agreements and an anxious public we need businesses that that don't necessarily scale nationally or internationally but offer local communities something of their own, that offer employment to the local communities and that have the potential to stand the test of time. It could be the trusted local co-working space in an old factory, that has been revived and doubles as a maker space with a cafe supporting local bakeries and a concept store supporting creations of the city and its broader metropolitan area.

In 1965, the average tenure of companies on the S&P top 500 was 33 years, by 1990 it was 20 years and now it is 14 years. It is expected that 50% of the top 500 companies will be replaced in the next 10 years.

In rapidly changing times with exponential technology, the real 'unicorns' are going to be companies whose value proposition remains relevant in 2100.

Continued here

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Today's TradeBriefs Cartoon

Microsoft to hire engineering talent as it sets up hub in Noida

The announcement comes ahead of the visit of Microsoft CEO Satya Nadella slated for later this month.The company, however, did not disclose the investment being made for setting up the centre

What is TikTok's new 'skull-breaker' challenge and why is it so dangerous?

The 'skull-breaker' challenge that is currently trending on TikTok, involves three people in the act.This bizarre challenge can result in extremely serious head and back injuries

Tech launches go virtual after coronavirus derails MWC 2020

The cancellation of MWC 2020 came at a huge financial cost.Huawei's sub brand HONOR said it will announce its products through a livestream

Microsoft pulls security update for Windows 10 over boot, installation issues

According to the Microsoft, they are working on an improved version of this update.The update was intended to address a security vulnerability affecting third-party Unified Extensible Firmware Interface boot managers

How this one-year-old company tapped tech to seal a deal with Reliance Jio

Rashmi Rare Earth Ltd. (RREL), an electronics manufacturing services (EMS) company, was started a year ago. It now competes with the likes of Foxconn and Dixon, and claims to have bagged a deal to manufacture set-top boxes for Reliance Jio.

IT firms set to drive office leasing segment: Report

Office space leasing volume touched an all-time high of 60.6 million square feet in 2019

Amazon's Jeff Bezos pledges $10bn to save Earth's environment

Move comes a month after Amazon threatened to fire employees who spoke out about company’s role in the climate crisis

IIT Madras to soon develop new voting technology for India with Election Commission

The "two-way block chain remote voting" process would involve voter identification and authorisation using a multi-layered IT enabled system working on the EC's e-Governance award winning Electoral Registration Officer Network (ERO Net) using biometrics and web cameras.

Microsoft working on new AI-assisted feature Outlook Spaces

With the 'Spaces' feature, users can also include any relevant links and more at one single place, thus improving productivity at work.The feature 'pulls together your documents, emails and events using the search terms you provide'

The number of Indians left waiting for an American green card skyrocketed in 2019

Nearly 7,000 applications were pending—almost 35 times the number in 2018.

IT industry may become lighthouse for India’s growth; here’s how many IT firms operate in India

The IT and BPM industry in India is a major source of revenue and employment.

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