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DiGiSPICE: Industry Monitoring (29 to 31 December 2018)

DiGiSPICE

Industry News

Caught in Web? Examining the high notes in the webseries’ realm

Publication- The Free Press Journal

Edition- Online

Date- 30 December, 2018

The year has been a most exciting one for the entertainment industry. The digital space has displayed positive growth and continues to swell with every passing day. As production houses put their best foot forward, they open themselves to yet another untapped dimension of the Indian market.

The rural arena

Today the medium has evolved tremendously almost ruling over the urban arena, and fast penetrating into the rural space as well. According to the COO of Hungama Digital Media, Siddharth Roy, “Backed by competitive data prices and internet penetration in Tier II and Tier III markets, we expect the OTT space to grow even more in the coming few years. Additionally, as usage increases, we anticipate a significant rise in stories steeped in local culture and regional languages that appeal to global audiences as well.”

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BSNL performance: Financially down but operationally still ticking

Publication- The Financial Express

Edition- Online

Date- 31 December, 2018

State-run telecom operator BSNL’s financial performance continues to deteriorate but it can take some solace in being able to improve its record on the customer management front. The company has managed to reverse customer attrition over the last 3-4 years, which it says is due to competitive plans and tariffs. Its market share has increased to 10.45% at the end of September this year from 8.65% in March 2015 and is targeting to take it to 12% by the next financial year.

Analysts, however, say that this improvement is more because of a number of private operators closing shop which has made subscribers port out to other operators and BSNL is also one of the beneficiaries.

BSNL is also laying much emphasis on next generation technologies like 5G. The company has already partnered with Ericsson to develop 5G use cases, knowledge sharing on technology concepts and innovation trends, including 3GPP standardisation progress.

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The Times Group Invests in Blockchain Based Referrals Platform Ponder

Publication- Crypto News

Edition- Online

Date- 30 December, 2018

It seems that day-by-day Indian enterprises are also realizing the importance of blockchain. Just recently we had heard that Reliance Industries headed by Mukesh Ambani has acquired stake in an overseas blockchain firm, and now we’re hearing that media giant Times Group has also done the same. However, Times Group’s stake is in an Indian venture instead of a foreign one. The beneficiary startup is Ponder, a blockchain-based referral platform that aims to make finding high-quality referrals easier with help of blockchain.

The news was broken by none other than Ponder itself. The company said in a statementthat the investment of Times Group will help it in launching its services for Indian market by leveraging the media assets of Times Group. Company’s Co-Founder and CEO Manshu Agarwal said: “This exciting alliance represents a unique opportunity to rapidly scale the Ponder referrals on the platform. This investment will assist and accelerate Ponder’s growth, both in the Indian market and overseas.”

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Big data - Next year will see a big shift in big tech

Publication- The Economic Times

Edition- Online

Date- 31 December, 2018

Countless numbers of retail outlets and offices today sport an electronic box with a patch that glows deep green. Employees mark their attendance by pressing a finger on that unfaltering green eye. An increasing number of smartphones offer ‘face unlock’ as a standard feature: the phone has software that can be trained to recognise the owner’s face and unlock the phone on seeing the face. Less fancy ones recognise fingerprints. Banks and credit card companies let you authenticate yourself using your voice when you call their helpline.

Some airports are gearing up to do away with boarding passes, letting facial recognition software do the job for you — it is standard practice at some Chinese terminals. Police routinely identify culprits from the footage of surveillance cameras that record and store whatever transpires under their watch. Then, of course, there are Google and Facebook, who know everything about you, because you happily shovel that information to them without their having to ask.

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AI, IoT, Blockchain: Technologies every business should focus on

Publication- The Financial Express

Edition- Online

Date- 31 December, 2018

We live in an age of disruption. Today, nearly every aspect of our professional and personal lives is coloured by unprecedented technological change to which organisations and their leaders need to respond—in fact, it will be key to their ability to successfully compete and thrive.

IT, woven into our very fabric

By using technology, companies are weaving themselves into the very fabric of how people live, according to the global Accenture Technology Vision 2018 Survey. Thanks to emerging technologies, ‘Intelligent Enterprises’ are completely changing the way they do business. Through the use of these tools, organisations are not only meeting their business goals, but also benefiting citizens, communities and society. These businesses are shaping how our societies work and communicate.

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