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Friday, 12 September 2014

Way2SMS founder Raju Vanapala launches LearnSocial

Way2SMS founder Raju Vanapala launches LearnSocial


Raju Vanapala, Founder and CEO, LearnSocial - 5
Raju Vanapala is a first generation entrepreneur who found success with ‘Way2Online Interactive India Pvt Ltd’ that runs the messaging portal way2sms.com. Hyderabad based way2sms had over 40 million users and exited to ValueFirst in 2012 (the deal was estimated to be worth INR 200 crores). Raju Vanapala has now moved on and his next bet is in the online learning space. Vanpala’s latest venture LearnSocial is on a mission to build a global marketplace for Instructor-led Online Learning. Differentiating from the traditional online education or the new generation of Massive Open Online Course (MOOC) platforms, LearnSocial offers Live Instructor-led online courses on a range of topics including Technology, Languages, Business Management, Robotics and many others.
With a team size of 50, LearnSocial identifies industry relevant courses for college fresher/s, mid-career professionals, senior professionals; and also partners with passionate Industry experts. LearnSocial captures each lecture to ensure the best teachings are accessible forever. Commenting on the launch, Vanapala says
Delivering the best with same level of excellence, irrespective of the geographical location, is what we believe in. Hence, unlike others, our Instructors are not traditional professors. They are hand-picked, highly experienced and passionate people working with large corporate firms across sectors. LearnSocial equips each trainer to deliver a special learning experience to any individual from any remote corner. All it takes is internet connectivity of less than 1 MBPS to access all cutting edge and industry relevant courses at LearnSocial.
LearnSocial has partnered with over 200 industry experts to teach on this learning platform. Going forward, LearnSocial plans to increase the number of courses and in diverse segments. Currently 11 courses are available on the platform and about 10 new courses will be added each month going forward.
Online Learning has been picking up and our recent list of the companies in the test prep space is testimony to that (list of 15+ test prep websites). The entire online education space is opening up with big players getting in as well and a fresh burst of innovation changing how education works. We’re still far away from a radical change and deep adoption but technology in education most certainly cannot be ignored anymore.
Stay tuned to hear more from Raju, here is their website: Learn Social



 

 

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Samsung looks to shed its ‘Goliath’ tag even as it partners Flipkart for exclusive deal

Samsung looks to shed its ‘Goliath’ tag even as it partners Flipkart for exclusive deal


Taking a leaf out of Motorola and Xiaomi’s books, Samsung Corp has partnered exclusively with Flipkart for its Galaxy S5 Mini phone, which went on sale today, the online retailer announced in a statement.

The era of Online exclusive deals

Flipkart is no stranger to exclusive deals. Motorola Mobility was its partner for its flagship phone launches earlier this year. The deal was Motorola’s bid to make a reentry into the Indian market and it turned out to be a roaring success with the company selling over a million units of its Moto X, Moto G and Moto E devices. Continuing with the deal, Moto G (2nd gen) and the new Moto X are also being sold on the same platform.
In July, China’s Xiaomi captured the imagination of Indian consumers when its Mi3 phones sold through Flipkart in India sold out in seconds. The exclusive deal with Flipkart saw over 100,000 units of its flagship device being sold in less than three months time. The company has since defocused itself from Mi3 sales and is currently focused on selling its low-priced RedMi 1S via the same platform. The device priced at 5,999 has already sold 80,000 units in two flash sales which lasted for 4.2 and 4.5 seconds, respectively.



Other e-commerce companies are not too far behind. Global major Amazon Inc, which has recently sharpened its focus on the Indian market, has also announced tie-ups with Microsoft Corp for its entire range of interactive gaming devices, such as the X-Box and Kinect.
Snapdeal, the other leading e-commerce destination, also has announced exclusive deals with Jolla phones and Clay Craft, a bone chine and ceramic tableware maker. Snapdeal is pushing its expansion plans aggressively. After cracking a partnership with Tata Value Homes, the Delhi-based company today announced a tie-up with Mapmygenome India to offer DNA testing service on its portal.
Consumer product companies vie for tie-ups with online retailers as it pretty much guarantees that the seller will put in an aggressive market plan for the launch and create enough buzz online for the product.
That works not just for electronics, but for books and other online merchandise as well. Note for instance, a front page advertisement of author Chetan Bhagat’s forthcoming novel, by Flipkart which has a sole tie up with Rupa Publications for its distribution.
Samsung’s Galaxy S5 mini, a lower-priced variant of its current flagship the Galaxy S5, will also run on Android’s 4.4 KitKat OS with a Quad Core 1.4GHz processor and is compatible with Samsung’s wearable Android devices. It retails on Flipkart at Rs. 25,999.
Will Samsung go down like Goliath?

Samsung facing attack on all fronts

Samsung’s move was no doubt a result of the heat it has been facing in India after home grown Micromax overtook the South Korean giant’s lead to become the country’s biggest handset supplier in the April-June quarter this year.
According to a report by Counterpoint research, Samsung’s mobile phone market share was 14.4 percent, behind Micromax’s 16.6 percent share, while in the smartphone segment, the Indian phone-maker at 19.1 percent is breathing down Samsung’s neck, despite the Korean firm’s 25.3 percent share, an 8 percent decrease from the last year.
In China, Xiaomi shipped 15 million smartphones in the second quarter of 2014, compared to 4.4 million in the same period in 2013. Samsung had sold 13.2 million smartphones in China in Q2, 2014, a significant decrease from the 15.5 million it sold in the same period a year ago.



While local players continue to beat Samsung on their turf, giants like Google are localizing solutions to fit customer’s needs.
Take for example the Android One smartphone program from Google. This program strives to provide a feature set for smartphones that is unified across devices and is tailored-made for the particular market. The program has already three Indian phone makers on board as partners – Micromax, Karbonn and Spice. For Samsung, which is rapidly losing share in emerging markets, a push from Google to fulfill the fast growing local demand for lower priced phones spells serious trouble.
India, which is the third fastest growing market for smartphones, offers a good testing ground for the program. An improvement in quality, that Android One promises to bring to the cheaper handsets, will lead to a surge in demand. Interestingly, many consumers in India will be buying a smartphone for the first time and if they like the low-cost product, Samsung will be under even more intense pressure to cut on its margins and reduce prices.
Google is projecting that the Android  One phones will be priced under $100. Samsung does sell phones at sub-$100 prices, but its marketing is focused around the high-priced devices. The South Korean giant might have to rethink its strategy for the lower-end and mid-priced devices.
There are other thorns in the Samsung flesh as well. Mozilla announced its super-low-cost $33 phone in India, the Spice Fire One.
With other Chinese handset makers entering India, the competition will only grow fierce.
“We will see intensified competition in the Indian smartphone space as Asian OEMs such as Xiaomi, Gionee, Huawei and Asus enter with premium-like hardware at an aggressive price-point attracting young tech-savvy but price-conscious urban buyers,” Neil Shah, director at Counterpoint Research, concluded.
The disruption has already begun. Will the Goliath fall down again? Or does it have a trick up its sleeve? Let’s wait and watch.


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Yahoo’s ‘old wine in a new bottle’ strategy with their new publisher platform – Recommend


Yahoo’s ‘old wine in a new bottle’ strategy with their new publisher platform – Recommend


Yahoo has been experimenting a lot with the great in-house talent it has acquired over the past 2 years. ‘Native Ads’ is the next experiment at Yahoo HQ to boost their revenues in order to provide a platform for various 3rd party players in the market.
Traditionally, ads have always been the core revenue generators for search engines. With the rise in content generation and accompanied massive growth in content consumption, however, there’s a great new source of revenue for these players to be explore and perfected – Native Ads.
The ‘Native Ads’ plan
Yahoo plans to have its ‘Native Stream Ads’ appear on different publishers’ websites via their content recommendation engine, which also features sponsored posts.
yahoo_logo
Yahoo’s differentiating its recommendation engine from the others like Outbrain that promote content on other sites. Yahoo ‘Recommends’ only promotes content on the publisher’s own site, along with Yahoo’s stream ads. Like other ad engagement networks, the host publishers share a cut of the click-revenue on those ads. Yahoo’s ‘Native Stream Ads’ would look like Facebook’s Sponsored Stories in that they adapt display ads as content links within its site’s content channels.
This is Yahoo’s first chance to extend the range of its ads beyond its own channels. It has already signed publishers like CBS Interactive’s GameSpot, TV Guide and Vox Media’s SB Nation onboard.
register_yahoo
Israeli competitors
Today, both the Israeli startups Taboola and Outbrain have been globally helping hundreds of partners with their content partnerships, and churning millions in this business. It now definitely gets interesting with the entrance of Yahoo in this recommendation and native ad promotions business.
Started in 2007, Israel-based Outbrain has been rumoured to launch its IPO soon. It’s projected that they could raise over $100 million at a valuation of over $1 billion, while Taboola is in the process of raising a huge funding round to scale and diversify its product line. The growing craze of Buzzfeed and related websites that are trying to innovate with native advertorials coupled with its recent huge valuation clearly validates the potential of native advertisements.
The recommended content box from Yahoo would be visible on both the desktop and mobile properties in a in the same way ‘You may want to read more’ sections are usually found on content websites. The only difference is that this box would show the host publishers own content with few native ad content links from Yahoo.
Yahoo!
Yahoo has benefited from native ads since the past few quarters with volumes if not with the profits. It has earned close to 40% of its revenues for the last quarters from display ads. This is surely going to be a great monetization model for the company that has not been able to grow its revenue flow under the glamorous leadership of Marissa Mayer.

The company has suffered heavy losses over the past seven consecutive quarters due to the drop in revenues from Yahoo’s display ads.
Yahoo’s ad-buying marketplace, Gemini, has given advertisers the platform to buy ads for mobile search and native ads since this February. Yahoo could further extend mobile ad analytics to these advertisers using Flurry’s platform that it acquired in the early part of this year.
global_ads_yahoo
Yahoo is hopeful that its mobile display and search business will surge fast on account of its early acquisitions of Aviate and Gemini. The intelligent android launcher, Aviate has been receiving a great response globally and smartly clubbing information for the end user. Its intelligence technology coupled with Gemini’s mobile search native ad platform could do wonders for Yahoo; it’s for the time ahead to speak for itself. The recent release of Yahoo Mail and News app are also receiving some accolades and the average time spent per user on Yahoo’s platform is spiking slowly, definitely a good sign for its ad business.
With every passing day, Yahoo’s focus on content and mobile is becoming clear. Post Alibaba IPO period is going to be an interesting period to see what Marissa Mayer does with Yahoo’s stakes.






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Zovi to triple its inhouse design team, will sell internationally this month Manish-Zovi

Zovi to triple its inhouse design team, will sell internationally this month

Manish-ZoviZovi is an online retailer of affordable fashion that started back in 2010. The company was found by Satish Mani, Kavindra Mishra and Sartaj Mehta but it underwent a management shuffle in 2012 when Manish Chopra was roped in as a CEO. Funded by SAIF Partenrs and Tiger Global, Zovi is more of an incubated idea. “The thesis was that we believed and continue to believe that the largest fashion brand in India will be built online,” says Ravi Adusumalli, Managing Partner, SAIF Partners.

Growth story

The company was started to build a private label that offers affordable fashion to the Indian consumer. With wide ranging products from apparel to footwear, Zovi has always been an online player and has grown steadly over the past coupLe of years. It has raised $25 million till now and acquired Inkfruit back in 2013 (Inkfruit had itself raised $10 million). Both had common investors in SAIF.
Zovi doesn’t compete with players like Flipkart or Snapdeal since it develops, stocks and delivers all its own products. Zovi has inhouse ideation, design, manufacturing and other capabilities. Exact numbers with respect to deliveries hasn’t been disclosed but CEO Manish Chopr tells us that growth has been very promising and the momentum is only building. “The company continues to scale quite rapidly and is now growing 10-12% MoM. We believe that the company will continue doing so as we have only scratched the surface,” says Ravi. Traffic wise, Zovi stands at an India Alexa rank of 62 at the time of writing this. The company saw a significant spike in July before starting to taper down again. This might have been result of an ad spend to push up the bar.

The road ahead

Zovi has invested heavily in building the capabilities of its inhouse team. “We rely heavily on our in house design team which we plan to ramp up three times in the current year,” says Manish. Zovi has a team strength of more than 200 of which around 25% would be design. Zovi’s acquisition of Inkfruit had helped in infusing a different flavour initially.
Another big news from Zovi’s stable is that the company intends to sell internationally starting this month. “We did an internal study and found that there is a huge demand for occasion led ethnicwear from the Indian diaspora in the international market. There is a gap and we are in a good position to cater to it,” says Manish. Zovi would start with US this month and then enter UK, West Asia and Australia by the end of year.
Zovi will also be raising more funds to fuel the international growth. Talking about the future, Manish says that growth is the only thing in mind. Their investors are also confident and Ravi says, “We plan to continue funding the company and have no plans for an exit in the near future. There is little reason that the company can’t grow 10X from here.”









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Adobe launches Adobe Marketing Cloud, a scalable solution for marketing needs

Adobe launches Adobe Marketing Cloud, a scalable solution for marketing needs


We already know of Adobe as the creative mastermind that gave us numerous design tools that make designing on computer so easy. Now they have created a product which can take care of all your marketing woes.
The thought process must have started sometime back, but the first step that Adobe took in the direction of becoming a marketing solutions company was in 2009. On October 23, 2009, Adobe acquired Omniture Inc for $1.8 billion, thus getting under its wing web analytics, measurement and optimization technologies. Next it acquired Day Software in 2010 to strengthen its web content management, digital asset management and social collaboration offerings. It acquired Neolane in 2013 to help build its campaign management capabilities. Taking one step at a time, Adobe thus built its next gen tool that will help the organization grow in the coming years.
The Adobe Marketing Cloud (AMC) officially entered the market in 2012 and since then has worked with Experian, ‘The Economist’, Symantec, Sony and Lenovo among others. One of the first movers in the digital marketing cloud space, Adobe is aggressively talking to CMOs across brands to explain the utility of the product and get them to try it.
They recently conducted an event in Mumbai where about 50 CMOs got an in depth understanding of AMC and the difference it can make to the business. At the event we caught up with Suresh Vittal Kotha, who joined Adobe as VP, Marketing Strategy, through the company’s acquisition of Neolane, where he was the chief product officer.
Suresh spoke exclusively  about the plans for AMC in India.
Suersh'
Will AMC put ad agencies out of business?
Advertising agencies which have for long been partnering brands to help plan their media strategy may now have to compete with Adobe besides the other ad agencies which pitch for the client’s business. However, the probability of such a thing happening immediately is rare because clients and brands adopting technology with a minimum price point of $20,000 per annum looks difficult. And secondly, the training needed to work with the AMC platform will take some time.
Even Suresh vehemently denies the thought. “Advertising agencies are one key aspect across the ecosystem, they have access to CMOs, technology office, and they do a lot of media planning for brands. Therefore, they become key instruments in helping deploy and make brands successful to use the cloud. This is not just a technology channel; it’s a people, process, and organization design tool, which encourages creativity inside the organization. And to do this the entire marketing ecosystem has to be involved. It would be a fallacy to think it’s just a technology initiative,” explains Suresh.
AMC is already working with the who’s who in advertising, including Ogilvy, Publicis, WPP, and IPG etc. In some cases Adobe deals directly with the client, and in cases where the client says they have an agency if record , Adobe works with them for implementing AMC, says Suresh.
Market approach strategy
Adobe is talking to the C-suite at companies to sell AMC. AMC will not just be a tool for measuring digital outlay, but it will also help understand, measure and better plan advertising to be done through traditional channels. The wide spectrum of touch points that AMC will cover would include digital, TV, print, retail channels and even the company call centre, says Suresh.
While the ‘Adobe’ name does open doors that is not necessarily the final aim. With every organization under pressure to prove the worth of each dollar being invested in marketing, an investment in a solution like AMC is not an easy decision. Everyone from CMO, CFO, CIO and sometimes even the CEO is involved in decision making. “Marketers have to prove the worth of their investments, else they don’t get funding. And they in turn are willing to give us an opportunity to help them earn their business,” says Suresh about partnership strategies.
Decision makers differ from organization to organization, as well as from geography to geography. CMOs are big decision makers in the US, while in India they play the role of lead co-ordinator /influencer. CMOs are making the business case and influencing the organization to drive discussions forward. In telcos, Suresh says their first point of contact to discuss AMC is mostly the Chief Digital officer, who works for the CEO because he is mostly responsible for customer experience. “Marketing today is not just about the 4Ps. The CMO is the representative of the customer inside the boardroom and is speaking on behalf of the customer. It is part of their job to make sure that anything new in the organization is focused towards the customer as they are a big part of it,” says Suresh.
Adobe is not just focused on digital businesses, but Suresh admits digital businesses would find more utility for AMC than traditional businesses like FMCG. AMC comprises of six different solutions and customers can choose to opt for either one or more than one solution as per the need of their business. Adobe Campaigns is for planning campaigns across channels, and not just digital. Adobe analytics helps understand web analytics and cross level analytics. The Media Mix planning solution can assist CMOs decide where to deploy the marketing budget they have,  which channels to use and how much to allocate.
AMC has the top 5 automotive companies in the world as its clients and are meeting brands across different sectors to onboard them. From India, MakeMyTrip is one of their first customers. Suresh says online brands and e-commerce brands will perhaps be the first ones to adopt the platform, because of the synergies between the two, but for brands from the traditional space the journey has just started.
At present, the US market is leading growth for AMC. However, APAC, AMEA, Middle East and North America hold equally promising potential, thinks Suresh. If North America is all about analytics, in APAC mobile rules the roost.
While AMC has plans to carve its own niche, how does it compare to Facebook and Google which already have an advantage of leading digital campaigns, analytics and measurement for brands. Suresh says AMC helps brands measure impact beyond Facebook and Google. “We are FB preferred partner and work with Google in many places. It is how the ecosystem is evolving. As a brand you have to consume data from many places as well as push out data to many places. We don’t go into a system thinking that everything in the system will be replaced with AMC. We recognize our clients and we have to fit into that. If you are only doing marketing on FB, then you don’t need AMC. But in my experience for a brand, FB is only one part of their strategy,” says Suresh.



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Facebook has 100 million monthly active users in Africa

Facebook has 100 million monthly active users in Africa


Ten per cent of Africans are already active users of the largest communication service that ever existed, Facebook. In terms of monthly Facebook users Africa is trailing India. Last April, Facebook announced it had reached 100 million users in India.
This week, Facebook announced it has hit the 100 million monthly users milestone in Africa (FB hasn’t provided a breakdown for each country).  As of 2014 Q2 there are 200 million Africans connected to the internet. Half of Africa’s netizens are active in Zuke kingdom.  Out of the 100 million, 80% of the users come on Facebook on mobile. This shows Africa is not just mobile first but mobile exclusive.
According to Nicola Mendelsohn, EMEA VP at Facebook, “People in high-growth countries want to be connected to the world around them. In countries such as South Africa, Nigeria, Turkey, and elsewhere, mobile devices are increasingly the way people find information, and share their new experiences in the world. We also know that people will experience Facebook in unique ways across the world, especially in high-growth regions like Africa.”
Facebook_100_Million_ Africa
Mark Zukerberg understands that in most of developing regions access to phones and data is being democratized at an accelerated rate, but one thing that isn’t budging is the prohibitive high cost of data. That is why Facebook started to tackle that problem from multiple angles – from setting up o.facebook.com to acquiring WhatsApp and a drone company that could beam wireless internet to users.
Mark Zukerberg said at the Mobile Congress the most expensive part of owning smartphone and using the internet is data connection. The connectivity isn’t an end by itself. It’s what the connectivity brings. According to Mark, “Eighty percent of people who haven’t come online don’t live in some extreme remote areas, in fact they live where 2G network is available.” But they don’t want to spend money on the internet because they don’t grasp what internet can do for them.  To tackle that Facebook has created a toll-free Internet  (911 type of service as a gateway of internet).
The 911 Internet-dial-tone will be equipped with basic services like basic education, messaging, financial services, social networking and search.  Facebook has already launched MOOC (Massive Open Online Courses) SocialEDU in Africa— in partnership with Airtel Africa to provide free data for students where Harvard, MIT, and UC Berkely will be content providers.  In Zambia, Internet.org has debuted a mobile app that provides free Internet access to wireless subscribers.
Facebook is leading the ambitious Internet.org initiative with diverse ecosystem partners like (device manufactures, telecos, financial, academia and health institutes.) A sign that Facebook has become sort of systems integrator for internet the way IBM was for the enterprise.

Bandwidth speed trills but kills the wallet

Thanks to Africa; the worldwide Facebook’s Android app users can enjoy the speed on the app. That is due to Facebook exec’s recent trip across Africa. During the trip, the engineers realized how painful it is to browse Facebook in Africa. They went and optimized their app for Africa thus making it faster for the whole world. A year ago, Facebook app used to consume 14 megabyte per day.  Today, they are down to 2mb per day and they are on their way to cut it down to 1mb per day.

Social + Business

Largely, Africa is a region that has been misunderstood for ages. There is no single entity that has a clear demographic and psychographic data on the Continent’s consumers. Facebook’s rise in the Continent will help the company map consumer behavior like on one else. That my friend, is a gold mine in the making.  It’s a wet dream for every major brand in the Continent that is scouting new ways to reach out to net savvy consumers. Jay Altschuler, Director of Global Media, Unilever said, “And in Africa we have found that the best way to engage people we serve is through mobile.
One example that will give clue as to where Facebook is headed is their click to ‘Missed Call’ feature. When a user encounters an ad on Facebook app, they can click ‘Missed Call’ button on their phone. This helps business to funnel prospective customers while it saves customers money because they don’t have to call the business after seeing an ad – they can receive inbound call from advertisers.
“Businesses in high-growth countries need customized solutions to connect with people, and to help meet this need we’re rethinking how we develop and implement products and services,” said the company statement.  Facebook already provides advertisers with the ability to place and target ads even on feature phones.


 

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Google now lets you return a paid app within a two hour window


Google now lets you return a paid app within a two hour window


Apps-returnFrom the day shopping started happening online, there have been retractors saying that the offline feel can never be replicated. But over time, online shopping has only increased and technology has reached to a point where the experience is getting better by the day. There have been different ways to make users comfortable and this has been different for different geographies. Mobile and apps have now hit the world in a big way and purchasing apps is a part of life for an average westerner. The penetration is deepening in developing markets as well as people start getting comfortable with the idea of paying for apps.
Google always allowed to return a paid app but the time window hasn’t been confirmed. There is an official announcement now that reads:
After purchasing an app or game on Google Play, you can return it within two hours for a full refund.
How to do this on your device?
  • Open the Google Play Store Google Play Store app.
  • Touch the Google Play Store Play Store icon > My Apps.
  • Select the app or game you’d like to return.
  • Select Refund (If the two-hour refund window has not yet passed, Open and Refund buttons will be displayed. If a Refund button is not displayed, your purchase is not eligible for return.)
  • Follow the instructions to complete your refund and uninstall your app or game.
This move puts a lot of focus on quality and the user knows that s/he’s be paying only for the apps they value. Apple doesn’t advertise or doesn’t say that it supports returns but they do refund in case of genuine cases.




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Microsoft and SAP collaborate to improve cloud and data interoperability

Microsoft and SAP collaborate to improve cloud and data interoperability


As per a recent study by the consulting firm Zinnov, 30 per cent of IT spend in India is aimed at transformational projects, specifically in the areas of mobility, cloud and big data.
Microsoft and SAP have started delivering their global partnership in India, making Microsoft Azure available for SAP applications.  The partnership will allow Indian enterprises to leverage the flexibility and scalability of Microsoft Azure for their mission critical SAP deployments. Microsoft Azure is an open and flexible cloud platform that enables users to quickly build, deploy and manage applications across a global network of Microsoft-managed datacenters.
microsoft
The partnership is expected to deliver 200-300 percent efficiency increase in IT infrastructure deployment and savings of 40-75% on total ownership costs with Azure’s ‘pay per use’ model.
Microsoft and SAP are extending their long-term partnership in three critical areas: enterprise cloud computing, with business-critical SAP applications certification for Microsoft Azure; improved interoperability between data from SAP applications and Microsoft Office, including general availability of connectivity between SAP® BusinessObjects™ business intelligence (BI) solutions and Microsoft’s Excel offering; and mobile productivity with expanded development and support for Windows and Windows Phone 8.1.
The SAP applications certification for Microsoft Azure allows customers with existing SAP licenses to deploy SAP software on Microsoft Azure, thus safeguarding and increasing the value of their Microsoft and SAP investments.
Speaking about the collaborating deal with SAP, Peter Gartenberg, General Manager – Enterprise and Partner Group, Microsoft India
Along with SAP, we will deliver the best applications and services to customers on the cloud. This will help improve employee productivity, enhance workforce mobility and drive increased business value
Sharing same thoughts, Deb Deep Sengupta, Chief Operating Office, SAP India said
SAP and Microsoft are among the most trusted vendors for Indian enterprises. With this partnership we are enabling SAP customers to extend their on premise ERP deployment across cloud and mobile.
Both Microsoft and SAP have selected few early partners to launch this solution to market. If early adopters are happy with the products, its the best possible way of marketing one could implement. On being one of the early adopters, Sujit Mohanty, Head – Technology Infrastructure Group, Sonata said,
We are thrilled to be selected as an early partner by Microsoft and SAP to take these unique solutions to market. Our proven track-record in mobility, BI and analytics coupled with our commitment to invest and innovate continuously across different segments of Microsoft’s business will help us deliver value to customers across industries and cloud configurations.
SAP applications on Microsoft Azure
The partnership supports SAP® Business Suite software, SAP Business All-In-One solutions, SAP Mobile Platform, SAP Adaptive Server® Enterprise (SAP ASE) and the developer edition of the SAP HANA® platform on Azure. In addition, Microsoft and SAP expect that customers and developers will be able to deploy and provision a number of preconfigured SAP solutions, within minutes, directly to Azure using the SAP Cloud Appliance Library tool.
sap_logo
SAP HANA is the modern platform that empowers customers to transform their businesses and innovate in the cloud. This includes new innovations, key features and functionalities, mobile, analytics, data services and cloud integration services delivered through open user interfaces.
Compared to traditional on-premises deployment, SAP applications on Azure will additionally provide savings up to 60% on storage, with fast recovery capabilities and easy transition from existing data centers to cloud at no extra cost.
Increased mobile collaboration
Microsoft and SAP will also help customers conduct business anywhere and anytime by developing and co-marketing SAP mobile apps for Windows and Windows Phone 8.1. These new applications will be managed and secured by the SAP Mobile Secure portfolio or Windows Intune.
Microsoft is committed to helping customers thrive in this mobile-first, cloud-first world, with industry leading platforms that support the software, services and applications required to run their business.  The partnership with SAP is another exciting step on that journey with a vision to connect the universe of SAP data to Microsoft’s mobile first, cloud first world, so that customers can do more.
This move brings exciting new capabilities to customers and opportunities for partners and developers through the combined strengths of Microsoft and SAP applications and platforms.



 

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Mink, the 3D printer that allows you to print any makeup at home!

Mink, the 3D printer that allows you to print any makeup at home!

Imagine that you are surfing the web, and you love the color of a particular flower found in the Himalayas, posted by your friend who is traveling in the foothills. Imagine being able to select that exact same color, hitting ‘print’, and having a nail polish in the exact same color hot off your home printer?
Use of 3D printing technology to produce beauty and fashion products is not a new concept. For the past few years, 3D printers were used to create jewellery, accessories, swimsuits, printed shoes and tattoos. Iris van Herpen’s 3D printed dress was recognized as one of the 50 best inventions of the year 2011 by TIME Magazine. Grace Choi, a tough woman whose parents emigrated to the US from Korea and who grew up in Brooklyn, NY has brought her very own stamp to this sector. Grace, a serial inventor and a Cornell – Harvard graduate with some previous hands-on experience in the jewellery industry is all set to disrupt the $55 billion beauty industry in the US with her revolutionary product Mink.
mink demo
Grace Choi, demonstrating the product
How does it work?
Grace has created a prototype printer that is about the size of a standard home printer, although the vision is to finally get to a form factor of a Mac Mini, with a retail price of $300. Instead of the standard print colors, this prototype uses FDA-compliant cosmetic-grade dye that is safe for human skin and nails. Further, instead of printing on paper, the prototype prints on to a powder substrate, which is a common raw material in regular make up. The software part of the system is a simple tool that lets you pick any color from anywhere on the Internet and map the exact hexadecimal value for that particular shade of purple that you always wanted.
The printer is designed to print a range of lipstick, lip gloss, eye shadow, blush, nail polish, brow powder foundations, eye shadows and powders, which in time will be joined by foundations and face powder. Mink aims to provide the best combination of exclusivity and convenience – exclusivity of choosing and creating your own color that no one else might have, and the convenience of printing it out at your table. The product is slated to make its appearance on shelves later this year.
Why this innovation?
Grace doesn’t mince words when she says, “Beauty is (currently) defined by the colors these companies choose to manufacture, which are the ones they think will sell and the ones we see on the models they select to represent the brands. What if you want a color that you think is beautiful but the industry doesn’t? We have been trained so well by these companies that we blindly accept the narrow band of options in front of us”
Grace believes that her target market is the women in the ages of 13-21, who are still open to experimenting and who she believes have not been regimented by the rules of the beauty giants. They have not formed or settled into their buying patterns yet.
Secondly, another motive behind working on this product is to take out the middleman markups that the high-end cosmetics company charge from the customers. The cosmetics industry currently charges a huge premium on one thing that technology provides for free – color. According to her, all too often beauty products are made by the same old companies at the same old factories in the same old colors and sold at the same old shops at the same old prices making beauty just another bulk produced product.

mink demo
Grace Choi onstage at a presentation
What’s next?
But like any new revolutionary idea, this 3D printing makeup technology could also sink or swim. Amongst the overall health and beauty care market, margins made by makeup are the highest (38%) followed by skin care (35%) and hair care (33%). The makeup margins for facial makeup including foundation, blush, lipstick, lip gloss and eye makeup like liner and eye shadow are in the same range of about 28-35%.
Grace claims that the beauty industry is a bit anxious because of her innovation and even that some of them have reached out to her. She says she is exploring the idea of each beauty company manufacturing their own substrate that is Mink compatible and that she is very open to partnerships and collaborations. Some beauty experts have already branded this a hoax with few chances of survival, while some are enthusiastic about its ability to empower more women to create, package and sell their own custom product lines.
Ladies, what do you think of this innovation – would you use it for your makeup needs? Share your thoughts below!




 

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Egypt-based Telecosys to save telecom from revenue leakage and customer data inconsistency with VeriSure



Egypt-based Telecosys to save telecom from revenue leakage and customer data inconsistency with VeriSure

The sophistication of customers’ expectation from telecom services is at an all-time high, and at the same time the disappointment of unmet expectation equally at an all time high.
“Internet used to be an app for the telecom, now telecom is an app to the Internet.”
Someone tweeted once about the evolving dynamics surrounding telecos.
Thanks to the likes of Whatapp, telecoms are under immense pressure to keep their bottom-line from bleeding for OTT (over the top) apps. To stay afloat telecos have to churn less and retain more customers by offering quality services to build loyalty. In attempting to achieve that, telecoms encounter two hurdles: one, customer data inconsistency, and two, revenue leakage. They need help on this chicken and egg issue. If there is no consistency of customer data, the telecos can’t provide quality customer service. On one side they have to come up with lots of tailored schemes to satisfy customers. On the other side, the more the offerings the more complex it gets to trail which user is availing what service. And failure at tracking that causes revenue leakage where it will make it unsustainable for the telecom to offer any service in the long term. There are legacy companies like SAP & Sibeel attacking this problem, but also some startups as well. Telecosys, the startup that YourStory spoke to from Egypet solves these problems for telecos via its portfolio product called VeriSure. VeriSure is a real-time automated software solution for customer data inconsistency problem; one of the most critical Business Assurance problems faced by telecom operators. Telecosys is founded by three co-founders in Cairo, who have backgrounds working in telecom at different levels.

What is VeriSure?

Business Assurance problems critically impact companies in missed revenue while customer stays unsatisfied due to bad user experience, and as a result both parties lose in this. But with products like VeriSure which is built around the  ‘customer data inconsistency problem’, it can address Business Assurance issues.
Cairo-based Telecosys product VeriSure
Cairo-based Telecosys product VeriSure
Telecosys claims that VeriSure products approach the customer data inconsistency problem with a new differentiated real-time automated mechanism that raises the accuracy of almost 100%, and more importantly detects the revenue leakage and customer experience problems in a very early stage, minimizing the problem impact on revenue and customers. Cloud services, Pay TV, and Internet service providers who offer subscription-based services to their customers can use VeriSure. These subscriptions have to be assured to ensure that there is no fraud, no revenue leakage (under charge or even no charge for a delivered service), and no bad customer experience (over charge or incorrect service setup). The Co-founder and business development head of Telecosys Mohamed Esmat says, “Normally, telecom operators have to keep the data of their customers consistent on the different IT/Network platforms. There are many operational challenges that make this mission impossible. Accordingly, telecom operators employ different data reconciliation solutions to detect these inconsistency problems. Those solutions are mostly employing offline mechanisms that rely on offline data dumps from the reconciled platforms. This exercise is repeated on a weekly basis to detect the discrepancies. While VeriSure directly integrates with the IT/Network platforms of a telecom operator for real-time and automated detection of inconsistencies, it is the real-time thing that differentiates VeriSure from other solutions in the market.” If you look at how telecoms used to work for decades, they have two applications (BSS-OSS) that run their entire business on and these two applications/systems have been in silo or saw very little integration till recently. Business Support Systems (BSS) applications used to be handled by the IT departments. Operations Support Systems (OSS) applications have been managed by the network departments. VeriSure sits at the middle of BSS-OSS making sure data redundancy is eliminated and leakages are patched.
An example of revenue leakage in telecom operator is, for example, a customer pays $20 for a monthly mobile internet package of 4GB. Because there is an inconsistency between the operator’s platforms, the customer is allowed to have a monthly mobile internet package of 8GB that is worth $30, for example. So on a monthly basis, the customer is paying $10 less than what he is supposed to pay.
When vital customer info is duplicated across applications, overtime it falls out of sync thus making it inconsistent and unreliable because it will be difficult to determine which version of the information is correct. The untoward outcome is that telecos lose opportunities that could have been pursued to generate additional revenue/profitability. This is all due to inconsistent data and meta-data about customers’ persona varying at the IT department level and at Network department. VeriSure is a real-time application, Shady Hatem founder and MD at Telecosys  claims about its accuracy saying, “Definitely there are other similar products in the market, however, we offer a differentiated real-time automated mechanism that gives higher accuracy (we are 100% accurate vs 70-80% accuracy of other products). We have new innovation that allows detecting the revenue leakage and customer experience problems at earlier stages because we are proactive rather than reactive.” Currently, Telecosys sells its software VeriSure per-license basis with an annual support and professional services for installation, customization, and integration.

How the idea for Telecosys came to be?

Hatem said, “The aha moment came when the custom real-time & automated revenue assurance tools we developed at the multinational telecom operator we were working in over achieved, by far, the results of one of the top branded Revenue Assurance solutions deployed at the multinational operator.” Additionally, he remarks, “We now know the secret mix that can make us over achieve the top existing Revenue Assurance solutions in the market, why don’t we put in a new branded product and compete in the market.”

Funding and Acceleration

“We have already raised our seed investment fund and we are now raising the second round of investment. We are currently running negotiation with investors for that purpose, but nothing has closed so far,” Hatem says, without disclosing any numbers. Telcosys is a one of the Flat6Labs cohort.  Hatem talks about the mentorship and access to network – benefit of being accelerated, “Telecosys is offering a B2B solution where connections and relations are key factors for sales and success. In addition, we have been introduced to very strong business advisers like Eng. Tarek Abu Alam (Ex-CEO of Telecom Egypt), Amr Shady (CEO of TA Telecom), and more people.” For the team, the main challenge in building Telecosys has been that Telecom funds are very limited in the Arab world and Africa. Investors tend more to invest in online and mobile products. Telecosys is one of the top 40 African startup that will be pitching at Demo Africa 2014. Mohamed Esmat remarks, “Well, being one of the top 40 startup in Africa is really amazing and increases your enthusiasm and passion about what you are doing. It is an important chance to look for investors, clients, and strategic partners in Africa.” Ernest & Yong Global Revenue Assurance Report 2013 pointed out that the annual revenue leakage in the telecom industry is about $23 billion. Customer Data Inconsistency constitutes major sources of revenue leakage, 55% of total leakage.
 Typically any telecom operator has two headaches ‘how can we increasing ARPU and cut churn rate.
Seems Telecosys has come up with a paracetamol for that headache in the form of VeriSure.




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Thursday, 11 September 2014

Facebook testing self-destructing posts


Facebook testing self-destructing posts



Facebook testing self-destructing posts
Facebook is running a pilot programme, wherein it allows users to schedule an expiration time for posts they publish. The time frame varies from one hour to seven days. 

NEW DELHI: Facebook is experimenting with the way people post updates on the social network.

It is currently running a pilot programme, wherein it allows users to schedule an expiration time for posts they publish. The time frame varies from one hour to seven days.

This experimental feature is only available to a few users on Facebook iOS app. It is not being tested on Android or Windows Phone apps as well as desktop website at present.

Users who noticed the availability of the self-destructing posts on their iOS devices took to Twitter:


Facebook also confirmed that it is testing the feature. A spokesperson said, "We're running a small pilot of a feature on Facebook for iOS that lets people schedule deletion of their posts in advance."

In the past, too, Facebook has tried its hands at ephemerality of posts with Slingshot, an app similar to Snapchat.
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Tuesday, 9 September 2014

Keep your professional networking profile updated

Keep your professional networking profile updated


Social-Media-blog-berozgarThough online recruitment portals and employee referrals are the preferred recruitment channels, organisations are invariably leveraging professional networks to review candidate profiles and support recruitment cycle for niche profiles. Candidates need to take note of this trend.
We live in the age of virtual social networks where most of us – especially the Gen Y – have an active profile on more than one social network – either professional or personal or both.
Social media networks are not just places to network and chat casually. They are increasingly emerging as personal branding tools for individuals which contribute in building their complete virtual personalities, reflecting their interests, ideologies, personal aspirations, professional specialisations and more.
Social networking for a job seeker
For job seekers, irrespective of the number of years of experience, building their own personal brand via professional social networks is emerging as a necessity to differentiate themselves from their competitors floating in the large job-seeker pool.
When it comes to hiring, it is common practice for recruitment heads to use social media as a supporting tool in the whole process of sourcing candidates. For example, when the recruitment heads receive profiles of shortlisted candidates, they try to gauge their potential by scanning through the recommendations they have received from industry leaders and peers on their respective professional social network profiles.
How professional networks are supporting recruitment cycles
Experts say that though social media may emerge as a supporting channel facilitating capture of niche talent, it might not surface as the only means for sourcing candidates.
This is corroborated by a recent TimesJobs.com survey which highlighted recent trends reflecting the most preferred recruitment channels of Indian businesses. The survey brought out that the most preferred methods for sourcing candidates in India are online job portals (55%) and referrals fromcompany employees (33%).
Only less than 9 per cent hiring across the surveyed companies happened via social media hiring channels. These organisations leverage professional social networks for mainly three reasons:
  • Assessing personality: Once the applicants are shortlisted using traditional recruitment channels, hirers use social networks to get a deeper understanding of the applicant’s overall personality which might not be reflecting in the formal resume
  • Hire niche talent who are passive job-seekers: The second reason is to tap the niche talent who are domain specialists. Such professionals might not at that point in time be actively looking for a job. Hence, they are unregistered with online job portals and not discoverable to the employer. Intel is one such company which is using professional social network for this. Preethi Madappa, director – HR, Intel South Asia said, “At Intel, the professional social networks have enabled us to reach out to potential candidates who are armed with certain critical skills.”
  • Enmeshing professional networks with contests to tap talent: The basic concept of professional social network is also being increasingly interwoven with online contests aimed at testing the skills of interested candidates. This is emerging as a focused approach to reach out to the required target candidate profiles. “Today, the professional social networks are being explored by many companies to crowd source profiles and procure CV’s through contests and seminar platforms,” said Richa Pande, VP & Head – Human Resources, Ramco Systems.






 

 

 

 

 

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How HR heads are increasingly engaging in ‘fun’ activities with Gen Y to retain talent

How HR heads are increasingly engaging in ‘fun’ activities with Gen Y to retain talent


image
He’s an Indian working with a German multinational corporation who likes making Latin dance moves. After a long day at work, Arijit Sengupta, the human resources (HR) head of Adidas India, puts on his dancing shoes to have fun with his team by doing Zumba, a popular fitness programme inspired by Latin dance. HR head and fun? Aren’t HR heads supposed to be a grim, staid and solemn lot, more comfortable surrounded by the euphemistic jargon (rightsize, downsize and redundancies) than by gyrating colleagues? Perhaps not any longer.
“With our core employee base in their 20s, it is pointless to be in a stiff collar and tie,” says Sengupta, who does Zumba a couple of times a week at his Gurgaonbased office. The 40-year-old fitness freak also actively takes part in other fitness activities in the office such as yoga and CrossFit, a strength and conditioning programme.
Engaging with Gen Y calls for a paradigm shift (guess that’s one jargon he couldn’t avoid) in approach and HR programmes, he points out.
Sengupta isn’t the only honcho leading from the front to give HR a human face. Across industries, new age HR heads are shedding inhibitions, turning stereotypes on their head, doing outlandish stuff, and most importantly coming out of their hallowed cabins to strike an emotional chord with employees.
Preaching doesn’t work after all, says Sengupta; walking the talk is key to make the preaching real. “Gone are the days when in a corner cabin policies were made and then communicated. The world has become smaller and closer.”
When Work is Fun
While the nature of an HR job still remains serious, it helps if it is tempered with a generous dose of fun. Wearing multiple hats, it seems, is now an integral part of the HR head’s role. And nobody does it better than Runu Mehta Kesarker of Mad Over Donuts. For the HR head of the Singapore-based gourmet doughnut brand, which has 54 outlets in India, spreading cheer is a mandate she takes very seriously.
Sample this: last month, Kesarker got to know that one of her team members in the sales department had not been in good spirits for some days. Reason: he was bogged down by loads of work and was under enormous pressure to meet sales targets.
So, what happens next? Kesarker, along with six others in her team, goes to the desk of this colleague at around 5.30 in the evening. Another guy sitting on the desk starts playing loud music on You-Tube. And all of a sudden, Kesarker starts dancing to Yo Yo Honey Singh’s “Chaar bottle vodka kaam mera roz ka”. “This was a perfect song to pep him up as he is a party animal,” recalls the 35-year-old HR head who has been doing such ‘flash mobs’ over the past six months at her Mumbai office.
Did her dancing act have an impact? “Absolutely,” she says, “all in the office, along with this guy, joined me and started dancing. I then asked him to leave early and go back home and party.”
How HR heads are increasingly engaging in ‘fun’ activities with Gen Y to retain talent
Flash mobs, once in 15 days, help in lifting the spirits of the employees and keeping energy levels high. “All of us work in such a high-pressure job that it becomes crucial to release pressure,” she says, adding that maintaining relationships also helps in keeping attrition low. Mad Over Donuts has over 550 employees across the country and Kesarker heads a 16-member HR team.
There has been a 360-degree turn in the way HR functions, she points out. And it’s quite apparent with other interesting stuff done by Kesarker.
One of them is mock awards, a random and surprise award function which she organizes every month. “The coolie No. 1 of office or the helping hand award adds fun to the work.” Another offbeat activity is a game of chor police. Played once a month for over two hours, Kesarker leads the chor (thief ) team by stealing all the expensive items in the office and hiding them, and the police (managers in the office) have to find the stuff within a stipulated time. “This activity helps bring teams closer and develops bonding,” she says.
But from where did this idea come? A junior manager in the office was having a hard time with his boss, she recalls. “We also got to know from his appraisal that something was going wrong and there was a communication gap.” So Kesarker formed a team of thieves which stole some stuff from office, including the mobile phone of the boss of this junior manager, and the entire office was asked to hunt for the items.
“At times grown-ups don’t need lectures or gyaan. If a game conveys the message, then nothing like that,” she says.
Food For Thought Does Kesarker have a message for the HR fraternity? “Work hard and play hard.”
Pramod Kumar Mitra does both. But he has discovered a different route to make a connect with his team — food.
The HR director of Sharda University makes Maggi noodles every alternate Saturday for his 20-member team. “A team that eats together stays together,” believes Mitra, who joined the university in 2009. In organizations, he says, people now work in compartments. “Having food together helps in breaking the barriers.” So what happens during the Maggi break? “We discuss and ideate over the food,” says Mitra. Apart from Maggi, to which plenty of vegetables and egg white are added to make it a nutritive meal, the 64-year-old foodie also makes brown bread sandwiches, sprouts and cucumber salad, and fruit salad.
How HR heads are increasingly engaging in ‘fun’ activities with Gen Y to retain talent
Changing the Image
“Being unusual should be the new usual for the HR guys,” Mitra says. And the way he behaves has a lot to do with the perception that people have about HR guys. “People think the HR department is full of sadistic and egoistic people.” Perhaps the way HR guys carry themselves and their serious demeanour have added to this perception, but it’s high time it changes, he adds. Venkatraman Girish of Jubilant FoodWorks, the master franchise holder of Domino’s and Dunkin’ Donut, is doing his bit to change the dour image of HR.
Whether it’s enacting the role of the famous baddie of Mr India (Mogambo) or playing funny Yamraj, the senior vice-president, HR, is known to do quirky things. “Running HR in a conservative manner might have served your company well in the ’90s, but it may be inappropriate and even damaging today,” says Girish.
Confluence, the annual in-house carnival of Jubilant in which the workforce is divided into groups that vie for top honours in singing, dancing and drama, has become a quarterly affair from this year.
So, this May, Bollywood was the central theme of Confluence. Employees were divided into cross-functional communities such as Avengers, Rockstars and Transformers, and were led by the head of departments. The teams were provided props and asked to enact a sequence of scenes and songs from popular movies.
“The event brought some hidden talent off the shelves. Our people sure have alternative career options ready,” says Girish in a lighter vein. The biggest plus with such events, if done regularly, is that they bring everyone under one roof and foster a culture of camaraderie and fun. They reenergize employees and give them a reason to go that extra mile during tough times, feels Girish, who heads a 72-member HR team.
All to Retain & Engage Talent
But can HR leaders succeed in altering the perception that they are conservative and risk-averse?
The answer, says Girish, lies with the connotation that fun has in their minds and a notion that fun ruins credibility. “Fun doesn’t have to mean frivolous. It doesn’t have to mean silly.” Fun can allow employees to achieve significant results — it means that although they take their jobs seriously, they don’t take themselves too seriously, he adds.
“I have no clue what my team has in store for me this time around,” says Girish when asked about the character he is going to enact in the forthcoming Confluence this month. “Hope they don’t give me a baddie character.”
How HR heads are increasingly engaging in ‘fun’ activities with Gen Y to retain talent
HR experts feel that companies are pushing the envelope as they have exhausted all ways and means to retain and engage talent.
“Young people love to work in a quirky environment,” says Mohinish Sinha, leadership and practice leader, Hay Group India, a global management consulting firm.
While HR has always been doing its bit to get the best out of people, what has changed over the past few years is the role of HR heads.
“It’s still not a dominant trend but definitely HR heads are taking centre stage,” he adds.
The bottom line of any activity, whether it’s offbeat or plain vanilla stuff, is employee happiness.
“At the end of the day, what matters is if I have brought a smile on the face of employees,” says
Kesarker of Mad Over Donuts. “If that happens, I am the most contended soul on earth.”The Economic Times







 

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Workforce to surge 30-50% at e-commerce, FMCG, retail & BFSI companies ahead of festival season

Workforce to surge 30-50% at e-commerce, FMCG, retail & BFSI companies ahead of festival seasonimage


This festive season that’s just around the corner will see a jobs boom—staffing companies are being flooded with demands for more workers as the economy starts looking up again and consumers feel emboldened enough to loosen their purse strings after being frugal through a prolonged slowdown.
Amazon, McDonald’s and others are set to hire a large number of people — some of them temporary, some full-time — and the trend is seen extending to smaller towns as well.
Workforce numbers will likely surge 30-50% at e-commerce, fast-moving consumer goods, retail and BFSI (banking, financial services and insurance) companies as consumer spending is expected to shoot up in the next three months.Workforce to surge 30-50% at e-commerce, FMCG, retail & BFSI companies ahead of festival season
Workforce to surge 30-50% at e-commerce, FMCG, retail & BFSI companies ahead of festival season
Amazon will Pay Attendance Bonus
Staffing firms are going all out to grab as many people as they can and some companies are getting innovative as they look to sweeten the bait. E-commerce giant Amazon will pay an ‘attendance bonus’ for members of its logistics team over the next three months to ensure minimum absenteeism and strengthen the delivery team with more contract employees.
“They will almost double their numbers in the logistics section and the attendance bonus is one of the many incentives the company has planned,” said a person who didn’t want to be named. “We do not comment on what we may or may not do in the future,” Amazon said in reply to an email sent by ET.
It’s not just temporary staff, companies will also take on permanent workers who are directly employed. Temporary workers are supplied by staffing firms, which pay their salaries and benefits. Such workers will be especially in demand to handle an increase in customers in segments such as call centres, housekeeping, deliveries and those who track goods.
The $6-billion taxi rental market in India will see Ola Cabs adding more drivers, incentivising them through a possible cut in the commission it charges for the next three months. “This will help to get more drivers on our platform and more incentives may be rolled out,” said Anand Subramanian, marketing communications head for Ola Cabs.
The company has 18,000 cars and about 24,000 drivers on its platform and expects a 30% increase during the festive season. Rituparna Chakraborty, senior vice-president and co-founder of staffing firm TeamLease Services, said there has been a sharp uptick.
“There is definitely a welcome surge in hiring at the moment in anticipation of the festival season and (this) shall carry on till about the end of January 2015,” Chakraborty said. “Our projection shows that the surge (in temporary hiring) would be around 50% of what happens all year long in these sectors.”
The boom won’t be concentrated to just the big cities. A large part of the hiring is driven by optimism shown in consumer durables, ecommerce, hospitality and airlines and will take place in tier II and III cities, noted the staffing firm.
For Randstad India, another staffing company, mandates have come from BFSI and consumer durable firms. “Home, auto loans shoot up during this period and more workforce is needed to manage customers,” said Aditya Narayan Mishra, president, staffing, Randstad India.
The Bangalore-based company said there will be at least a 30% increase in demand for workers this festive season compared with other months of the year.
Another Bangalore-based recruitment company’s staffing team expects a 40% surge in demand for temporary employees during the festive season based on mandates it has got this month. “One company almost plans to double the number of its customerfacing employees,” said a senior executive of this company who refused to be named.
Fast food chain McDonald’s is also geared up for higher staffing during the next three months. “We are looking to add about 10% of our total workforce across all our restaurants (including delivery) in anticipation of the demand peaking during the forthcoming festival season,” said Rudra Kishore Sen, director, operations, McDonald’s India (north and east). This additional hiring stems directly from consumer sentiment picking up, Sen said.

















 

 

 

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