As 2016 winds down and we enter holiday mode, it’s time to start thinking of the 2017 work year. Here’s why you need to use your down time to put plans into place to upskill your employees and stay ahead of the pack.
Below are excerpts of a recent Keynote by Sanchit Vir Gogia on the topic: Who Owns Digital Transformation?
In today’s time, while leading with Digital is evident, who owns this transformation still remains a bone of contention. This journey needs to be co-owned by those who will be impacted first – the CXOs. Having said that, the starting point of this journey is an understanding of why this matters to CXOs.
Disruption appears to be the new norm in India, with over 90 per cent of enterprises stating they have experienced disruption, and another 26 per cent unaware of how their industry would look three years down the line, according to a new survey.
Businesses consider digital start-ups a threat, either now or in the future.
Sixty-three per cent of large businesses in India are scrambling to invest in IT infrastructure & digital skills to compete with start-ups who are posing a threat to traditional businesses and 62 per cent are planning to invest over 30 per cent of their 2016 IT budget in transformation projects.
To tap into the country’s digital transformation, Dell Technologies, outcome of the $67 billion Dell-EMC merger, is sharpening its focus on the country.
Businesses believe digital startups pose a threat to their organisation, either now or in the future, while most fear that they may become obsolete because of competition from these startups.
On June 13, 2016 Microsoft announced the agreement to acquire LinkedIn for USD 26.2 billion. Important to note that this is the first big deal under Satya Nadella’s leadership and LinkedIn will continue to operate as an independent company. Albeit this (in theory) will allow more room for innovation, let’s put this announcement in perspective:
The acquisition of LinkedIn by Microsoft will help the duo assist client companies, and even individuals in the personal lives, to organise information and orchestrate their functions better.
Microsoft Corp has agreed to acquire LinkedIn Corp for $26.2 billion in a deal that will combine the world’s biggest software maker with the largest global online network of professionals.
By acquiring LinkedIn, Microsoft is looking at further strengthening its business from corporates in India and social networking play, an area in which it lags behind Facebook. Analysts feel that Microsoft’s Productivity and Business Processes as one of the three segments that could get a shot in the arm with the LinkedIn buy.
Indian IT services companies with software platforms could be forced to rethink their operational set up after the massive fine imposed by a Wisconsin federal jury against TCS.
While TCS has denied the allegations of stealing healthcare software from American company Epic Systems, analysts say that it’s time for Indian tech firms to legally and physically separate their software divisions.
“IT firms need to be at an arm’s length from their software divisions and create a separate legal entity for them. Not only does the software unit require to be a separate legal entity, but the company should also ensure that the employees and management are also totally independent. Unless, that happens, such allegations cannot be ruled out,” said Sanchit Gogia, Chief Analyst & CEO of Greyhound Research.
Not many IT services companies currently follow this practice. Infosys separated its software product company, which remains a fully-owned subsidiary, in 2014.
Source: Hindu Business Line
“Over the last quarter we have been actively talking to global research and advisory firms in order to further expand our global presence. This is when we met the team at Internet of Style. We found the team experienced and highly focused on making Internet of Style a global benchmark in the fashion-technology insights world,” Gogia said.
“This investment will further our expertise in consumer technology insights – promoted under the banner of Consumer Insights Pivot, a Greyhound Research offering.”
Greyhound Knowledge Group has also announced the appointment of S Sridhar as a member of its advisory board. With 25 years of experience, Sridhar has held leadership positions at companies like Dell, IBM, Intel, and HCL.
In addition, Sanchit Gogia has been appointed as an IT advisor to the board of a $100 million+ organisation in the metals industry.
“Announcing significant investment in a capability centre in Delhi. As a group we are committed to becoming the most trusted brand in global research and advisory across industry verticals,” Gogia added.
Source: Wikinews India
GKG, founded by analyst Sanchit Vir Gogia, had been in talks with other advisory firms for a deal to expand its global presence. The deal will result in the strengthening of its product, ‘Consumer Insights Pivot’.
We found the team experienced and highly focused on making Internet of Style a global benchmark in the fashion-technology insights world,” Gogia said according to this report.
Source: DealStreet Asia
Federation of Indian Micro and Small & Medium Enterprises (FISME), an apex industry body, and Microsoft have come together to enable more than 10,000 micro, small and medium businesses across the country to adopt information technology and cloud computing. This will help them to connect better with their existing customers and reach out to potential customers across India.
Federation of Indian Micro and Small & Medium Enterprises (FISME), an apex industry body, and Microsoft have come together to enable more than 10,000 Micro, Small and Medium Enterprises across the country to adopt information technology and cloud computing. This will help them to connect better with their existing customers and reach out to potential customers across India.
Vodafone, one of India’s top telecom operators, is now in talks with the software major IBM for the renewal of a $1 billion outsourcing contract that will expire in June next year.
The mobile network operator outsources services like management of application development and the network services in the IT sector. IBM, which is trying to retain the deal, is also planning to sell its data analytics solutions to Vodafone, as published in an Economic Times report, adding that companies like Wipro, TCS, Infosys and Tech Mahindra are also under consideration for the deal.
What is the event about?
As a business owner, your key intent would be to drive long term growth and profitability for your business. To stay ahead of the game, you need solutions and trusted partners, who can help transform your vision into reality.
On September 22, 2015, Microsoft announced the launch of it’s new office, Office 2016. This is a significant announcement post the launch of Windows 10 which has been touted to be the company’s last official Operating System. Over and beyond the ongoing tracking of productivity suites, the Greyhound Research team has also spent time over the past month running pilots across different devices and operating systems. Below is a quick summary of our observations.
Garnering funds is not difficult for Indian companies. Retaining ownership of companies is. Private equity (PE) and venture capital (VC) funds are only too happy to come on board, but they like to secure their exit route as they invest. As a result, they are increasingly getting involved in the operations of their portfolio companies, especially e-commerce companies and startups. Some are even taking control of the management of investee companies in order to prepare them for exits as in today’s environment investing is easy but cashing out profitably is not.
To serve a growing customer base and better manage the client experience across all customer touchpoints, organisations are moving away from siloed transaction-oriented systems – such as enterprise resource planning (ERP), customer relationship management (CRM) and dealer management systems – in favour of more integrated and socially aware systems.
HP’s decision to split its business could further impact Mphasis outsourcing business and lock horns with the technology giant in some business areas.
Utilization of business analysis software tools has become a top priority for businesses in many industries, but that doesn’t mean implementation comes without risk.
BI solutions professional Sanchit Gogia wrote on Business 2 Community that before adopting a solution, there needs to be a solid business case to make sure the tool will not fail.