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DiGiSPICE: Industry Monitoring 09 to 11 March 2019

  • Writer: Priyanka Kanodia
    Priyanka Kanodia
  • Mar 18, 2019
  • 5 min read

DiGiSPICE

Industry News

Paytm’s Marvel MoviePass becomes a favourite among Marvel fans

Publication- ET Brand Equity

Edition- Online

Date- 10 March, 2019

Paytm, the brand owned by One97 Communications Limited, India’s leading mobile payments company has announced that it's unique offering the ‘Marvel MoviePass’ has been very well received by the users. More than 1 lakh passes have been sold even before the opening of ticket bookings for Captain Marvel; guaranteeing collections worth INR 3 crore for the movie.Paytm launched the Marvel MoviePass in February 2019 in partnership with Marvel Studios India. It is India’s first movie subscription program which is focused on movies from the Marvel Cinematic Universe.

As an exclusive offer for its customers, it serves a huge benefit for the audience who wants to watch Captain Marvel and Avengers: Endgame - the most anticipated releases of 2019. Starting at just Rs. 199 for one person, the Marvel Movie Pass comes in two more variants and a customer can avail up to Rs. 200 Cashback on every ticket for the two Marvel movies (Captain Marvel & Avengers Endgame)

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IT firms compete for larger share of global engineering services contracts

Publication- Business Standard

Edition- Online

Date- 10 March, 2019

Engineering services have emerged as the next growth segment for Indian IT services players with most firms taking aggressive steps to corner a larger share of the outsourcing deals. For instance, companies such as Infosys, with lesser presence in some segments of engineering services, have now reoriented their strategy to clinch more deals from marquee clients. Many analysts are of the opinion that Infosys’s wining contract from Rolls-Royce is an outcome of such strategic moves.

At a time when most Indian IT services players are facing pricing pressure from traditional business, which contributes major share of their revenues, it has become a business imperative for them to opt for high growth areas like the engineering services segment. Globally, major clients which outsource engineering services works include Boeing, Airbus, Spirit AeroSystems, Rockwell, Pratt & Whitney in aerospace; Nissan, Ford, Toyota, Volvo, Volkswagen, Harman, Faurecia, Delphi, Continental in automotive space; Ericsson and Nokia in telecom industry and Dell & HP in hardware space, among others.

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MSMEs told to focus on long-term sustainability Publication- The Hans India

Edition- Online

Date- 10 March, 2019

Confederation of Indian Industry on Saturday organised Andhra Pradesh Economic Conclave focusing on theme “Unlocking Economic Potential of Andhra Pradesh” in the city. Speaking at the conclave Rear Admiral Kiran Deshmukh, Admiral Superintendent, Naval Dockyard, stressed on the importance of indigenisation creating a shared ecosystem. He made a point that the skill set needs to be enhanced and made to meet the global standards.

He urged MSMEs to focus on long-term sustainability rather than short-term gain. Dr Jitendar Sharma, MD and CEO, Andhra Pradesh Med Tech Zone, urged to look at multi sector technologies and need a platform infrastructure to fulfill.

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Smart city: Projects to tune of Rs 224 crore inaugurated in Coimbatore

Publication- The Times of India

Edition- Online

Date- 09 March, 2019

As there were no places for recreation in the city, the tanks in the city were being revamped and developed to include recreational and leisure aspects, like the Mariana beach in Chennai, said minister for municipal administration S P Velumani on Saturday. He was speaking after participating in the event to lay foundation stone for smart city projects. Recommended By Colombia Velumani inaugurated Smart City projects to the tune of Rs 224.10 crore.

The works include -- strengthening of the Periyakulam Tank bund and tank rejuvenation at Rs62.17crore, strengthening the bund of Selva Chintamani Tank and rejuvenation at Rs31.47crore, multi-level car parking at DB Road in RS Puram at a cost of Rs40.78crore, fixing LED lamps in streetlights at Rs74.70crore and constructing underground drainage at Sivaram Nagar at Rs 14.98 crore.

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Blockchain is making it possible for anyone to buy shares in Apple and Facebook

Publication- Inventiva

Edition- Online

Date- 09 March, 2019

Despite being championed as a decentralized form of money that puts individuals firmly in control of their own wealth, cryptocurrencies mostly remain the preserve of the super-rich and the super-nerdy. 1,000 Bitcoin wallets currently hold 35.18% of all Bitcoins, for example, and only a select few computer scientists understand the inner workings and machinations of blockchains.

Such inconvenient truths undermine the oft-repeated claim that blockchains will democratize wealth, largely by lowering barriers to entry in financial networks and by preventing central banks from devaluing money via inflation. Nonetheless, this prediction has moved one step closer to realization in recent months, with the emergence of tokenized stocks.

While much has already been written about security tokens and how they’ll enable ICOs (initial coin offerings) to comply with securities legislation, tokenized stocks are a specific sub-category of security token that have only just become a reality.

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Crypto And Blockchain Weekly Wrap Up – 4 March 2019 – 10 March 20019

Publication- Krypto Money

Edition- Online

Date- 10 March, 2019

While the cryptocurrency market this week was relatively flat this week in terms of its price point, the cryptocurrency and blockchain ecosystem has been buzzing with news whether happy or sad. Let’s review the week that was: Price Fluctuations During The Week While Binance Coin (BNB) gained much on Wednesday, it suffered the worst correction of around -8.7%. The token was closely by EOS of around -6.05%.

The total market capitalization of the cryptocurrency markets at the press time was at USD 135.5 billion, as per Coinmarketcap data. While Bitcoin maintained it’s stability at stayed $3850, Ethereum was at $135.

The speculation of Enjin Coin being added to Samsung’s new smartphone S 10, the coin further spiked over 70% after the said partnership was confirmed. A curious case among the growing and deflating cryptocurrency market was ABBC Coin, that though sank on March 7th, managed 500% jump in 10 days.

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Tech to the rescue: IoT solution helps save lives of newborns

Publication- The Financial Express

Edition- Online

Date- 11 March, 2019

New-age cloud-based solutions empower healthcare organisations by helping them build and deploy virtual health assistants for doctors with accurate information. Medical experts say that effective usage of data within intensive care units (ICUs) have a great potential to create new cloud-based health analytics solutionsand help arrive at accurate diagnosis, right from neonatal care to geriatrics. In 2016, Harpreet Singh co-founded a cloud, IoT and data analytics-based software solution called iNICU (integrated Neonatal Intensive Care Unit) bringing all the data within neonatal ICUs to one platform.

A comprehensive integrated platform, it was especially designed to address all the current issues of NICU such as tedious workflow, integration of the data generated by multiple devices at one place, automatic drug and nutrition calculator, auto-discharge summary, complete assessment sheets for all critical biological systems of newborns, digitalised prescription, laboratory reports, nursing notes, prenatal data, notifications alerts to the doctor, parent engagement, predictive analytics and NICU management.

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Key challenges before blockchain widely adopted: CGS

Publication- Fibre2Fashion

Edition- Online

Date- 11 March, 2019

Though blockchain shows a lot of promise in tracking steps in the apparel manufacturing process, there are some major challenges to overcome before large-scale adoption, according to Paul Magel, President of Business Applications, CGS, a global provider of business applications.

The company is evaluating blockchain technology across its suite of products to adopt it in a way that is the most efficient for CGS, Magel told Fibre2Fashion in an interview. For blockchain to work effectively, every participant in the supply chain must post data to the blockchain ledger. “We will continue to keep an eye on blockchain technology and what it can provide and implement it in point solutions with specific benefits,” he added.

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