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Showing posts from April, 2018

Digital Transformation to Contribute US$154 Billion to India GDP by 2021

IDC study commissioned by Microsoft predicts that approximately 60% of India’s GDP will be derived from digital products or services by 2021 By 2021, digital transformation is expected to add 1.0% CAGR GDP growth annually Digital transformation has increased productivity, customer advocacy, cost reduction, revenue from new products & services as well as profit margin. These benefits will also improve by at least 40% in three years. Leaders in digital transformation reap double the benefits compared to Followers.   New Delhi, April 11, 2018 – By 2021, digital transformation will add an estimated US$154 billion to India’s GDP, and increase the growth rate by 1.0% annually, according to a new business study released today. The research, “ Unlocking the Economic Impact of Digital Transformation in Asia Pacific ”, was produced by Microsoft in partnership with IDC Asia/Pacific. The study predicts a dramatic acceleration in the pace of digital transformation across India and Asia

Microsoft to drive skill development with Azure powered solution

After India, youth in South Africa to benefit from Microsoft’s Project Sangam New Delhi, April 09, 2018 : Reinforcing its commitment to bridge the widening skill gap, Microsoft is expanding the capabilities of its Project Sangam to emerging markets across India, Middle East, and Africa. Project Sangam, first launched in India, is a cloud hosted platform that leverages Azure services and the power of LinkedIn to support new entrants to the job market and enable key stakeholders across the skilling ecosystem including candidates, training organizations, employers and the government. As part of the expansion, Microsoft South Africa and the Gauteng Provincial Government (GPG) have recently launched Thint’iMillion, an online mass learning system, as part of the Tshepo 1Million Digital Mass learning programme. The Thint’iMillion programme will be deployed on Project Sangam allowing young people to access content via an on-phone app (Android only), tablet mode (Windows and Android) as well

Over 16,000 Indians Sign Petition Against “Irrational” RBI Crackdown

Cryptocurrency users in India are using the internet to voice their protest over a recent crackdown by the country’s central bank. Instead of allowing it to be stifled, petitioners call on the government to help cultivate the new ecosystem which can benefit India in various ways.    Also Read: ADS Securities Adds Bitcoin Cash, Litecoin, and Ripple CFDs Digital Asset Exchanges of India Petition The Indian cryptocurrency community has reacted swiftly to the recent Reserve Bank of India (RBI) action against it, which directed all regulated entities including banks not to provide services to businesses dealing in instruments such as bitcoin. Both entrepreneurs and everyday users came out on various online forums and social media to explain the follies in the central bank’s approach. Over 16,000 Indians have even already signed a change.org petition that was launched on the same day as the RBI directive. Addressed to the central bank, as well as to the Prime Minister of India, the pe