Showing posts with label Frost amp; Sullivan. Show all posts
Showing posts with label Frost amp; Sullivan. Show all posts

Frost & Sullivan explores Convergence of Autonomous, Connected, Electric and Shared Mobility Technologies in India

After successfully hosting its Intelligent Mobility symposium in London for 10 years, Frost & Sullivan is set to launch it in India on 11th September, 2019 at Le Meridien, New Delhi. The summit aims to bring together industry leaders and visionaries to discuss and explore new business models accelerating a vision of integrated, intelligent, and multimodal mobility in India. The future of transport will be intelligent, resting on paradigms of shared, connected and automated mobility; these technologies are radically altering the way people move around, live, work, and engage with their environment.

For a glimpse of our premier automotive event over the years, please click here

To attend the event, register here.



On the occasion of the launch of Intelligent Mobility in IndiaSarwant Singh, Managing Partner, Frost & Sullivan said, “The mobility space in India has seen exciting developments in the past 12 months with the emergence of new business models. With the government’s emphasis on electrification driving collaborative development in the space of shared mobility, we are heading toward a dynamic phase of transformative mobility.”

Frost & Sullivan will be evaluating many aspects of the automotive industry, aiming to unravel best-practice solutions, exciting investment opportunities and technologies that will garner the maximum potential. Mega Trends like urbanization, pollution, congestion, connectivity, and globalization are powering the shift away from private vehicle ownership to new business models like car sharing, carpooling, ride-hailing, integrated mobility, and dynamic shuttles.

Talking about the future of mobility in India, Kaushik Madhavan, Vice President, Mobility Practice, Frost & Sullivan, said, “Mobility in India will be driven by the need to make transportation affordable, efficient and shared. In this direction, the Intelligent Mobility Summit aims to bring all key stakeholders in the automotive and non-automotive space together on a common platform to share and discuss innovative ideas and solutions to make Mobility seamless.”

The plenary sessions will share insights on the development of an ecosystem that will enable industry stakeholders including educational institutions to contribute to developing affordable and innovative solutions for the Indian market. These sessions will also throw light on the need to collaborate with young start-ups active in data analytics to share data and generate valuable information that can be used to understand customer preferences and expectations better.

Mobility experts will share unique insights on how the role of the automotive value chain will evolve as we see service, maintenance and second life being bundled into a common overarching value proposition. This unique forum will unfold the reasons why the mobility industry is transforming, what new business models are emerging, and where the real revenues lie. It will also address challenges, ever-expanding opportunities and technology-led disruptions along with unparalleled industry insights on a broad range of topics such as:


  • Digital Transformation and emergence of new business models

  • Ecosystem Development in the Indian auto industry: stakeholder opportunities for collaboration with non-automotive participants

  • Connected, Autonomous, Shared and Electric mobility technologies in India: Opportunities for collaborative development

  • Vehicle Lifecycle Management: purchase journey, ownership management and second life opportunities



The summit promises to be a unique blend of interactive sessions, keynotes, panel discussions with leading automotive manufacturers alongside industry stalwarts like Anil Srivastava, Principal Adviser & Director General of Development Monitoring & Evaluation Office, NITI Aayog, Govt of India; Dr. Arunkumar Sampath, Chief Engineer – Electric Vehicles and Head – Innovation & Global EV Technology Center, Mahindra Electric; Deepangshu Dev Sarmah, Editor-in-Chief, Auto Tech Review, Karan Jain, Co-Founder, REVV; KK Gandhi, Convener, Centre for Auto Policy & Research; Nabeel A Khan, Editor, ETAuto; Nikunj Sanghi, Chairman, Automotive Skill Development Council India – ASDC; Ramashankar Pandey, Managing Director, Hella India Lighting Ltd., and many others.

Frost & Sullivan will also recognize India’s leading edge companies demonstrating business innovation and corporate excellence in the mobility space at the 2019 Mobility Awards Banquet to be held in the evening on the same day.

69% Indian Firms Face Serious Cyber Attack Risk: Study

While 69 per cent Indian and 63 per cent Australian companies are most at risk of cyber attack, 35 per cent of organisations in the region suffered at least one cyber security incident in the last 12 months, says a sector study.

According to a recent study by leading IT analyst firm Frost & Sullivan, findings of which were released on May 9 here by Forcepoint, a leader in global cyber security, around 83 per cent of organisations in the Asia Pacific region do not think about cyber security while embarking on digital transformation projects.

Although a majority of the organisations (72 per cent) conduct regular breach assessment to protect themselves against cyber attacks, still 55 per cent of them continue to be at risk.

"It's clear from this study that many APAC organisations are on the back foot when it comes to enterprise cyber security in the borderless organisation," said Kenny Yeo, Industry Principal, APAC ICT, Frost & Sullivan.

With 95 per cent of respondents having embarked on a digital transformation journey, adopting emerging technologies, including cloud computing, mobility, Internet of Things, and artificial intelligence/machine learning, the study reveals a big push among APAC organisations for digitization.

However, 65 per cent of respondents acknowledged that they were seriously hampered in execution of digital transformation projects due to rising cyber attacks.

One of the key reasons for this is the less mature approach by business leaders to involve cyber security when designing digital transformation projects. It is also evident from the fact that around 83 per cent of the companies did not consider cyber security until after their digital transformation projects had begun.

The news first appeared in ET Telecom.

With 10% YoY, Startups and MSMEs Growing Faster than India's Industrial Growth

rost & Sullivan’s recent analysis on start-up landscape in India sheds light on the entire start-up landscape in India and outlines Frost & Sullivan’s value proposition for start-ups and the investor community and their partnering benefits.

Frost & Sullivan’s recent analysis on start-up landscape in India sheds light on the entire start-up landscape in India and outlines Frost & Sullivan’s value proposition for start-ups and the investor community and their partnering benefits.

The Government of India (GoI) announced the Start-Up India initiative on 16 January, 2016 to provide a favorable business environment for start-ups in the country and enhance the ecosystem. The initiative is aimed at promoting bank financing for start-up ventures to boost entrepreneurship and job creation, with a focus on reducing state intervention, smoothening the licensing process, and mitigating other shortcomings such as difficulties in securing land permissions, foreign investment, and environmental clearances. Various GoI ministries, including the Department of Industrial Policy and Promotion (DIPP), have initiated a number of activities for encouraging the growth of start-ups in the country.

The entrepreneurial spirit of the country, backed by the current government, has attracted billions of dollars of foreign funding, encouraging the rise of promising start-ups in India. The huge leap forward in the start-up movement is largely attributable to the changing investment landscape in the Indian start-up ecosystem. Eight out of the ten venture capital (VC)/private equity (PE) investments made in 2015 came from foreign companies, driven by the insatiable consumer market demand created by the mobile/Internet revolution.

VC/PE investment in start-ups reached US$ 1.8 billion in H1 2017 and currently around 44% of the investors are foreign firms. Focus of giant VC companies such as Tiger Global Management and Accel Partners has boosted the confidence of other private equity and hedge funds in the Indian market. Start-ups and micro-small and medium enterprises registered 10% year on year growth as opposed to 6-8% average industrial growth. Start-ups grew by 7% YoY to 5,200 (number of start-ups in absolute terms) in 2017 and employed almost 100-105K people as of 2017. This is likely to grow at a CAGR of 30% and reach 300,000 by 2020.

"The Indian market is well-positioned for start-ups and small and medium businesses that are driven by the substantial investments, support activities, evolving technology, and expanding domestic market that characterize it. Longstanding expertise, geographical advantage, and availability of resources such as raw materials and economical labor, along with burgeoning income and increasing domestic demand, make India a perfect melting pot for start-ups to flourish, particularly in certain key sectors that offer significant growth opportunities”, said Krishanu Banerjee, a Consultant, with Frost & Sullivan’s Public Sector Practice.

Frost & Sullivan’s recent analysis, “Start-up Landscape in India, 2018”, sheds light on the entire start-up landscape in India and outlines Frost & Sullivan’s value proposition for start-ups and the investor community and their partnering benefits. For further information on this analysis, please mail Priya George, Corporate Communications at priyag@frost.com.

Despite strong growth prospects, however, start-ups in India face some structural challenges. Addressing these can accelerate the momentum of growth in this space. As India progresses on its transformational high-growth trajectory, a substantial gap between consumption demand and supply of goods and services persists. This is primarily owing to inadequate professional guidance, underutilization of talent, and inappropriate channelization of funds. A proper linkage between entrepreneurs and their go-to markets will make the start-ups and small enterprises more sustainable and profitable in the medium to long term. Frost & Sullivan’s advisory and operational support offers unique partnering benefits for both start-ups and investors and enables bridging the gap in the ecosystem.

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.

[Published unedited from Business Wire India/em> feed<]

Market Reports

Market Report & Surveys
IndianWeb2.com © all rights reserved