Gartner Predicts that GenAI will Support 25% of Logistics Key Performance Indicator Reporting by 2028

GenAI will Enable Logistics Leaders to Derive Quicker Value from Additional Data Sources, Aiding Logistics Operations

By 2028, 25% of all logistics key performance indicator (KPI) reporting will be powered by generative AI (GenAI), according to Gartner, Inc.

“GenAI presents an opportunity for logistics leaders to uncover additional insights from logistics data and drive operational efficiency,” said Carly West, Senior Director Analyst in Gartner’s Supply Chain practice. “KPI reporting is a challenging area for many organizations, and it is ripe for exploration with GenAI to uncover valuable findings from logistics data at a greater speed.”

According to a Gartner survey of 127 supply chain leaders, conducted in November 2023, the shift towards leveraging GenAI in supply chain and logistics is underway with half of leaders surveyed planning to implement GenAI in the next 12 months, with an additional 14% already in the implementation stage.

KPI reporting helps logistics leaders track operational performance against targets and make future projections. Many companies, however, struggle to efficiently gain insights, often overlooking difficult to access data sources and spending vast amounts of time manually reviewing documents, correspondence and transcripts.

GenAI’s ability to use natural language processing to query and display KPIs enables logistics leaders to quickly summarize multiple data sources to draft scorecards, while also enabling prompts to present and explain results, conduct root cause analysis and analyze supplier data to evaluate performance.

“The ability to gather and consolidate different data sources will remove obstacles that logistics leaders currently run into,” added West. “Moreover, the ability to understand where challenges are occurring in real time will enable faster corrective action to improve logistics performance, in turn driving operational and financial results.”

Understanding Organizational Readiness and Demonstrating Value

As logistics leaders consider where GenAI can support KPI reporting, it will be critical to assess their organization’s level of maturity, culture, internal capability and data and talent availability prior to implementation.

“As with any new technology, evaluating your organization’s readiness prior to beginning implementation is key,” said Jose Reyes, Senior Director Analyst in Gartner’s Supply Chain practice. “Reviewing your existing technology stack and establishing the right KPIs before exploring how GenAI can help is important for maximizing value.”

It’s also important to consider how and when logistics leaders will demonstrate value to leadership. Taking advantage of KPI reporting through embedded options in solutions or technology already used by the organization will drive quicker wins. As GenAI matures, logistics leaders may be able to build these models on top of their internal datasets, making queries for KPI metrics and reporting easier and more robust and accurate.

Gartner clients can read more in Predicts 2024: Logistics and Determine Generative AI Use Cases That Work Best for Logistics. Nonclients can read more about Supply Chain Technologies and Digital Transformation here.

About Gartner Supply Chain Symposium/Xpo

Gartner experts will discuss key issues facing the industry during Gartner Supply Chain Symposium/Xpo. The conference delivers the must-have insights, strategies and frameworks for CSCOs and supply chain leaders to drive impact within their organizations. Supply chain leaders will gather to participate in interactive and collaborative sessions, share experiences, and access the latest research to mitigate risks and strategize for long-term success.

About the Gartner Supply Chain Practice

The Gartner Supply Chain Practice provides actionable, objective insights for supply chain leaders and their teams, so they can respond to disruption and innovate for the future through leading-edge supply chain management practices. Additional information is available at https://www.gartner.com/en/supply-chain. Follow news and updates from the Gartner Supply Chain Practice on LinkedIn and X using #GartnerSC. Visit the Supply Chain Newsroom for more information and insights.

 

Netskope Scores No. 1 and No. 2 for All Use Cases in 2023 Gartner® Critical Capabilities for Security Service Edge Report

Users Looking for a Comprehensive SSE Solution Should Consider Netskope

Netskope, a leader in Secure Access Service Edge (SASE), scored highest or among the top two solutions cited in all Use Cases identified in the 2023 Gartner Critical Capabilities for Security Service Edge (SSE) report. In addition, Netskope is the only vendor named a Leader in the recently released 2023 Gartner Magic Quadrant™ for Security Service Edge that also ranked among the highest three scoring vendors for all four Use Cases in the 2023 Critical Capabilities for SSE.

In the Critical Capabilities report, Gartner evaluated the SSE offerings of 10 vendors and their ability to provide a broad set of features required to achieve SSE. Key Use Cases include:

• Identify and Protect Sensitive Information
• Secure Web and Cloud Usage
• Detect and Mitigate Threats
• Connect and Secure Remote Workers

Netskope received the highest scores among all vendors in two of four Use Cases—the Connect and Secure Remote Workers Use Case and the Identify and Protect Sensitive Information Use Case.

“As customers select SSE vendors, they should be confident with the knowledge that those vendors aren’t lagging in any key use cases,” said Jason Clark, Chief Strategy Officer, Netskope. “We are proud that Netskope has been recognized as a high-scoring vendor in the Critical Capabilities report, and is the only Leader in the Gartner Magic Quadrant for SSE that was also ranked in the top three of any and all of the Critical Capabilities Use Cases.”

The Critical Capabilities report also identifies several important trends for organizations building SSE and SASE capabilities, including the following, which are noted by Gartner as strategic planning assumptions:

By 2025, 70% of organizations that implement agent-based zero trust network access (ZTNA) will choose either a SASE or SSE provider for ZTNA, rather than a stand-alone offering

By 2026, 85% of organizations seeking to procure cloud access security broker (CASB), secure web gateway (SWG) or ZTNA access offerings will obtain these from a converged solution

By 2026, 45% of organizations will prioritize advanced data security features for inspection of data at rest and in motion as a selection criterion for SSE

For more:

• Get your complimentary copy of the 2023 Gartner Critical Capabilities for Security Service Edge report
• Review the 2023 Gartner Magic Quadrant for Security Service Edge
• Stream and listen to a special SSE episode of the Netskope podcast, “Security Visionaries”
• Visit Netskope at booth S842 at RSA Conference, April 24-27 in San Francisco, and view demonstrations of Netskope Intelligent SSE and Borderless SD-WAN solutions

For additional information regarding Netskope Intelligent SSE, visit Netskope’s SSE resources page.

Gartner Disclaimer

Gartner, Critical Capabilities for Security Service Edge, Thomas Lintemuth, John Watts, Charlie Winckless, Craig Lawson, Aaron McQuaid, 17 April 2023.

Gartner, Magic Quadrant for Security Service Edge, Charlie Winckless, Aaron McQuaid, John Watts, Craig Lawson, Thomas Lintemuth, Dale Koeppen, 10 April 2023.

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

About Netskope

Netskope, a global SASE leader, is redefining cloud, data, and network security to help organizations apply zero trust principles to protect data. Fast and easy to use, the Netskope platform provides optimized access and real-time security for people, devices, and data anywhere they go. Netskope helps customers reduce risk, accelerate performance, and get unrivaled visibility into any cloud, web, and private application activity. Thousands of customers, including more than 25 of the Fortune 100, trust Netskope and its powerful NewEdge network to address evolving threats, new risks, technology shifts, organizational and network changes, and new regulatory requirements. Learn how Netskope helps customers be ready for anything on their SASE journey, visit netskope.com

World's 1st Data Observability Platform Unravel Data Named Representative Vendor in Gartner® Market Guide for DataOps Tools

Unravel Data, the first data observability platform built to meet the needs of modern data teams, announced today that it was recognized as a Representative Vendor in the DataOps Market in the 2022 Gartner Market Guide for DataOps Tools.

“In recent years, organizations have witnessed significant increases in the number of data sources and data consumers as they deploy more applications and use cases. DataOps has risen as a set of best practices and technologies to streamline and efficiently handle this onslaught of new upcoming workloads,” said Sanjeev Mohan, principal with SanjMo. “Just as DevOps helped streamline web application development and make software teams more productive, DataOps aims to do the same thing for data applications.”

According to a Gartner strategic planning assumption from this Market Guide, “by 2025, a data engineering team guided by DataOps practices and tools will be 10 times more productive than teams that do not use DataOps.” In this Market Guide for DataOps Tools, Gartner examines the DataOps market and explains the various capabilities of DataOps tools, paints a picture of the DataOps tool landscape, and offers recommendations.

“Data teams are struggling to keep up with the increased volume, velocity, variety, and complexity of their data applications and data pipelines. These teams are facing many of the same generic challenges that software teams did 10-plus years ago,” said Kunal Agarwal, CEO of Unravel Data. “We’re proud to be recognized by Gartner in the DataOps Market. Unravel Data provides unprecedented visibility across users’ data stacks, proactively troubleshooting and optimizing data workloads, and defining guardrails to govern costs and improve predictability.”

Today’s modern data stack is a complex collection of different systems, platforms, technologies, and environments. Enterprises need a DataOps solution that works with every type of workload and addresses the performance, cost, and quality issues facing data teams today. Founded by data pioneers Kunal Agarwal and Dr. Shivnath Babu, Unravel Data was created on the notion that the exponential growth of data combined with the broad adoption of the public cloud requires an entirely new way to manage and optimize the data pipelines that support the real-time analytics needs of data-driven enterprises.

Customers who have deployed the Unravel platform have been able to double the productivity of data teams and ensure that data applications run on time, while scaling costs efficiently in the cloud. To learn more about how Unravel is leading the DataOps observability space, visit the new library of demonstration videos.

*Gartner, “Market Guide for DataOps Tools”, December 5, 2022.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Unravel Data

Unravel Data radically transforms the way businesses understand and optimize the performance and cost of their modern data applications – and the complex data pipelines that power those applications. Providing a unified view across the entire data stack, Unravel’s market-leading data observability platform leverages AI, machine learning, and advanced analytics to provide modern data teams with the actionable recommendations they need to turn data into insights. Some of the world’s most recognized brands like Adobe, 84.51˚ (a Kroger company), and Deutsche Bank rely on Unravel Data to unlock data-driven insights and deliver new innovations to market.

To learn more, visit www.unraveldata.com.

EXL Recognized as 2020 Gartner Peer Insights Customers’ Choice for Data and Analytics Service Providers

NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) -- EXL (NASDAQ: EXLS), a leading Analytics and Operations Management company, today announced it has been named the 2020 Gartner Peer Insights Customers' Choice for Data and Analytics Service Providers.

The Customers' Choice distinction is given to select vendors who receive exemplary ratings from their verified customers. To achieve this recognition, vendors must have a minimum of 50 published reviews with an average overall rating equal or higher than the mean rating for that market. [1]

EXL is the only vendor to be recognized as Customers' Choice in the report: Gartner Peer Insights 'Voice of the Customer': Data and Analytics Service Providers . From our view, this distinction is a testament to EXL's commitment towards keeping its customers first, and ability to consistently add value to their business as a trusted service partner.

"We are proud to be the Gartner Peer Insights Customers' Choice for Data and Analytics Service Providers, a distinction we feel is even more meaningful because our customers put us there." said Vivek Jetley, Executive Vice President and Head of EXL Analytics. "To us, this recognition validates our ability to create significant value for our clients by leveraging our domain expertise and capabilities across the full analytics stack, from data management to advanced analytics, leveraging machine learning and AI."

Said Anita Mahon, Executive Vice President and Chief Growth & Strategy Officer, EXL, "Companies need to understand the metrics that matter most in the 'new reality" in order to generate insights about changing markets and find opportunities for growth. Navigating such an uncertain environment also requires true, trusted strategic partners. We're proud our clients have recognized us through this distinction."

The customers had this to say about EXL:

"EXL Has Delivered Exceptional Value for Our Organization" "The EXL Analytics team we work with provides critical support to our business via the use of cutting-edge statistical analysis techniques to unlock value in our data and support management decision making"  – Financial Analytics & Decision Support Leader "[The] company is built on value and trust. How work should be done with the clients is as important as what they do for them. They take client service seriously. Their clients' priorities drive their business focus to ensure their needs are met" – Data & Analytics Consultant "We have worked with EXL since late 2019 and our experience with them has been fantastic. The knowledge and expertise in assisting our teams transform and improve our data collection and consumption process has been extremely beneficial." – Consumer Analytics Leader

With a talented pool of 4500 data engineers, data scientists, business consultants, and SMEs across the globe, EXL has been helping its customers in planning, executing and continuously improving on their Data and Analytics strategies. To achieve this, EXL teams effectively leverage in-house expertise across the Analytics spectrum, from data management & cloud enablement, to Advanced Analytics & AI techniques. These capabilities combined with a deep knowledge of domain – a unique strength of EXL built over 20 years' experience across industries – deliver the consistent value for customers' reflected in their reviews.

To view customer reviews at Gartner Peer Insights, please click here .

[1] Source: Gartner Peer Insights 'Voice of the Customer': Data and Analytics Service Providers, Peer Contributors, 22 September 2020.

Disclaimer

Gartner Peer Insights Customers' Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.

About EXL

EXL (NASDAQ: EXLS) is a leading operations management and analytics company that helps our clients build and grow sustainable businesses. By orchestrating our domain expertise, data, analytics and digital technology, we look deeper to design and manage agile, customer-centric operating models to improve global operations, drive profitability, enhance customer satisfaction, increase data-driven insights, and manage risk and compliance. Headquartered in New York, EXL has more than 31,600 professionals in locations throughout the United States, the UK, Europe, India, the Philippines, Colombia, Australia and South Africa. EXL serves multiple industries including insurance, healthcare, banking and financial services, utilities, travel, transportation and logistics, media and retail, among others. For more information, visit www.exlservice.com .

B2B SaaS Firm Locus listed as a Sample Vendor in Gartner Hype Cycle for Transportation Industry, 2020

Locus, a global B2B SaaS company that automates human decisions in logistics, today announced its recognition in Gartner’s “Hype Cycle for Transportation Industry, 2020¹” as a Sample Vendor within the Last-Mile Delivery Solutions category. Gartner is a leading research and advisory company.

“These solutions are adaptations of traditional routing and scheduling, wherein a route could be replanned and a dispatcher would control the process. Many of these solutions use AI and machine learning to speed up the optimization process and predict occurrences and impacts based on real-time information,” said Gartner in the research report. 

The Locus platform uses deep machine learning and proprietary algorithms to offer smart logistics solutions like route optimization, real-time tracking, insights and analytics, beat optimization, efficient warehouse management, vehicle allocation and utilization. Locus also helps companies optimize their end-to-end supply chain network with its strategic consulting offering. 

Locus presently works with top clients across Southeast Asia, North America, Europe, and India. It has offices in the USA, India, Indonesia, and Vietnam. The top management of the company includes executives from Amazon Web Services (AWS), Barclays Capital, Google, and BlueDart (a DHL company), and data scientists with PhDs from Carnegie Mellon University and the University of Illinois, among others.  

“The COVID-19 pandemic has made last-mile logistics all the more important. With increasing customer expectations, last-mile delivery technology will only become more critical for the success of companies, and in fact, will act as a key differentiator between brands,” said Nishith Rastogi, CEO, Locus. “We are really happy to be named as a Sample Vendor in Gartner’s Hype Cycle for Transportation Industry, 2020, and to see Last-Mile Delivery Solutions receive a ‘high’ benefit rating.” 

Locus was also recently identified as a Representative Vendor in the Gartner "Market Guide for Vehicle Routing and Scheduling" report.²

The company has so far raised $29 million from tier-1 investors like Tiger Global, Falcon Edge, Blume Ventures, Exfinity Venture Partners & growX ventures, among others. 

Gartner subscribers can log in to read the full research on the website.

¹Gartner, “Hype Cycle for Transportation Industry, 2020,” Ivar Berntz, Venecia Liu, Thierry Kuperman Le Bihan, Pedro Pacheco, 13 August 2020.

²Gartner, “Market Guide for Vehicle Routing and Scheduling,” Oscar Sanchez Duran, Bart De Muynck, 23 June 2020. 

Gartner Disclaimer 

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Locus

Locus is a deep-tech platform that automates human decisions in the supply chain to provide efficiency, transparency, and consistency in logistics operations. The platform uses deep machine learning and proprietary algorithms to offer smart logistics solutions like route optimization, real-time tracking, insights, and analytics, beat optimization, efficient warehouse management, vehicle allocation, and utilization. Locus powers more than two million deliveries daily across Southeast Asia, the Indian Subcontinent, Europe, and North America. 

Gartner recognizes Indian InsurTech Startup Kruzr as a Cool Vendor in Insurance in its latest report

InsurTech startup Kruzr, best known as a technology powered smart driving assistant today announced that it has been recognized in Gartner’s 2020 Cool Vendors in Insurance report as a NexGen technology solution for Motor Insurance.

This recognition is categorized cool since Kruzr has built a virtual assistant designed to reduce auto accidents by focusing on active, real-time driver engagement to reduce distractions and improve driver safety. The solution fuses phone and real-time data with driving conditions (including weather, traffic, speed limits) to provide more complete and contextual analysis and risk prediction. The real-time safety guidance also includes nudges for safer speeds based on traffic predictions and warnings on accident-prone zones.

Further, "Like most other telematics applications, Kruzr also calculates a risk score for drivers that can be used in insurer pricing, risk models and reward offerings." Gartner says.

The report titled "The Gartner Cool Vendors in Insurance, 2020" evaluates start-ups with innovative products and services in the insurance marketplace. According to the report, “Business ecosystems can help insurance companies deliver net new digital products and services. Vendors recognized in this research are known to target ever more specific parts of insurance value chain to enable insurance companies to extend their reach beyond traditional insurance models.”

“We at Kruzr are building a comprehensive driving risk measurement and driver assistance technology to help reduce accidents by at least 20%. We partner with Insurers, Automobile OEMs, and Fleets to make our roads safer. This recognition is a strong validation of our vision for the insurance industry” says Pallav Singh, CEO of Kruzr.

Started by Pallav and Ayan, Kruzr is based out of California, USA, Munich, Germany, as well as Bangalore, India. The company is working with motor insurance companies in Europe, UK and India to bring its technology to their customers to prevent accidents and improve claims. Kruzr had raised its seed round led by Saama Capital with participation from Better Capital last year.

Gartner is the world’s leading research and advisory company. They equip business leaders with indispensable insights, advice and tools by analyzing and evaluating market trends.

Gartner subscribers can log in to read the full article on the website.

Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. The GARTNER COOL VENDOR badge is a trademark and service mark of Gartner, Inc., and/or its affiliates, and is used herein with permission. All rights reserved.

About Kruzr:

Kruzr’s revolutionary AI-powered driving safety and contextual risk measurement platform. The technology fuses data from mobile phones with real-time traffic data and our ML algorithms create a comprehensive risk score. These real-time in-depth scoring are visualized through our customized dashboards. Going beyond, Kruzr’s platform identifies critical but preventable high-risk in real-time and guides the driver to avoid over-speeding, drowsy driving, and accident hot-spots. Kruzr gives meaning to motion data and makes it actionable through driver safety guidance.

Worldwide Server Revenue Grew 5.1% in Q4 of 2019: Gartner

The worldwide server market continued to grow in the fourth quarter of 2019 as revenue
increased 5.1 per cent and shipments grew 11.7 per cent year over year, according to Gartner, Inc.

In all of 2019, worldwide server shipments declined 3.1 per cent and server revenue declined 2.5 per cent compared with full-year 2018, the research firm said.

"The market returned to growth with a very strong fourth quarter result, largely driven by a return of demand from hyper scalers," said Adrian OConnell, senior research director at Gartner, said in a statement.

"However, the outlook for the worldwide server market in 2020 is subject to great uncertainty. The impact of the coronavirus (COVID-19) outbreak is expected to temper forecast growth. Although demand from the hyperscale segment is expected to continue through the first half of the year, other
buying organisations' reactions will vary," he said.

The India server market saw an increase in demand of unit shipments in the fourth quarter of 2019 by 14.7 per cent, but the revenues declined by 13.2 per cent year over year.

Server shipments in India grew by 4.8 per cent in 2019 while server revenue declined 8.7 per cent.

HPE secured the top spot in India server market based on revenue in the fourth quarter of 2019 with 37.4 per cent market share, according to Gartner. Dell EMC secured 26.6 per cent market share, followed by Lenovo with 16.6 per cent of the market. Cisco experienced the strongest growth in the quarter among the top five vendors, with revenue growing 0.8 per cent.

Dell EMC secured the top spot in the worldwide server market based on revenue in the fourth quarter of 2019.

Despite a decline of 9.9 per cent year over year, Dell EMC secured 17.3 per cent market share, followed by HewlettPackard Enterprise (HPE) with 15.4 per cent of the market.

IBM experienced the strongest growth in the quarter, growing 28.6 per cent, the statement said.

In server shipments, Dell EMC maintained the number one position in the fourth quarter of 2019 with 14.2 per cent market share.

HPE secured the second spot with 10.8 per cent of themarket.

Both Dell EMC and HPE experienced declines in server shipments, while Lenovo experienced the strongest growth with a 22.4 per cent increase in shipments in the fourth quarter of
2019.

In full year 2019, both worldwide server shipments and revenue declined, with shipments falling 3.1 per cent and revenue down 2.5 per cent.

As for vendor performance, Dell EMC took the top spot in both revenue and shipments with 20.5 per cent market share and 16.3 per cent market share, respectively.

HPE secured the number two position with market share of 17.3 per cent in revenue and 12.3 per cent in shipments.

Inspur Electronics is the only vendor in the top five that grew in both revenue and shipments in 2019, it said. PTI

Global PC shipments Grew 2.3% to 70.6 Million Units in Q4 2019: Gartner

The global PC market grew 2.3 per cent year-on-year in October-December 2019 with shipment totalling 70.6 million units, data from research firm Gartner showed.

The worldwide shipment was 69 million units in the fourth quarter of 2018, Gartner said its preliminary results for fourth quarter of 2019.

"The PC market experienced growth for the first time since 2011, driven by vibrant business demand for Windows 10 upgrades, particularly in the US, EMEA ( Europe, the Middle East, and Africa) and Japan," Gartner senior principal analyst Mikako Kitagawa said.

"We expect this growth to continue through this year even after Windows 7 support comes to an end this month, as many businesses in emerging regions such as China, Eurasia and the emerging Asia/Pacific have not yet upgraded," she added.

Contrasted against the ongoing weakness in consumer personal computers (PC) demand, business PC demand has led to unit growth in five of the last seven quarters, Kitagawa said.

"The ongoing Intel CPU shortage, which began mid-last year, became a major issue again on PC delivery to enterprise customers by the top three vendors. Without this shortage, shipments would have grown faster than the reported results," she said.

Worldwide PC shipments totalled 261.2 million units in 2019, a marginal 0.6 per cent increase from 2018.

This was the first time in seven years that the global PC market experienced growth.

Lenovo maintained its number one position in the worldwide PC market and widened its share over HP Inc. With the exception of the Asia/Pacific, Lenovo recorded year-over-year growth in all regions. In the US alone, Lenovo's desktop PC shipments rose more than 30 per cent compared to the year-ago period. PTI SID SID

Wipro among Top in Gartner's Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been positioned as a Leader in Gartner's Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Asia/Pacific. The report authored by DD Mishra, To Chee Eng, and Claudio Da Rold was published on July 24, 2019.

“This Magic Quadrant evaluates the abilities of service providers to deliver DCMS — including data center outsourcing, HIMS, private cloud services, mainframe services, ERP hosting, data center transformation, cloud migration services, edge DCMS and other IUS. Services are enabled by RIM, IA services and software-defined infrastructure.”

Kiran Desai, Senior Vice President and Global Head, Cloud and Infrastructure Services, Wipro Limited said, “Wipro is excited with this recognition from Gartner. Our continued investments in next-gen hybrid cloud and digital infrastructure technologies has helped us win numerous engagements with clients across India and APAC. We believe being positioned as a Leader further reinforces the trust our clients have in our capabilities to help them succeed in their digital transformation journey. We will continue to invest in assets and accelerators including technologies like Wipro’s cloud studio, Wipro Holmes™, SDx, Container and DevOps across consulting, modernization and transformational run services."

The full report can be found here.

90% of Current Enterprise Blockchain Implementations Require Replacement within 18 Mths

By 2021, 90% of current enterprise blockchain platform implementations will require replacement within 18 months to remain competitive, secure and avoid obsolescence, according to Gartner.

"Blockchain platforms are emerging platforms and, at this point, nearly indistinguishable in some cases from core blockchain technology,” said Adrian Lee, senior research director at Gartner. “Many CIOs overestimate the capabilities and short-term benefits of blockchain as a technology to help them achieve their business goals, thus creating unrealistic expectations when assessing offerings from blockchain platform vendors and service providers."

Today, the blockchain platform market is composed of fragmented offerings that often overlap or are being used in a complementary fashion, making technology choices confusing for IT decision makers.

“Compounding this challenge is the fact that blockchain platform vendors typically use messaging that does not link to a target buyer’s use cases and business benefits. For example, ‘transactions’ was the term mentioned the most in relation to blockchain, followed by ‘secure’ and ‘security.’ While these may be functions of blockchain-enabling technology, buyers are still confused as to how these functions are achieved or what benefits blockchain adds compared to their existing processes,” said Mr. Lee.

Nonetheless, as enterprises’ interest for blockchain technology increases, the number of blockchain platform vendors continues to increase with more new entrants. “Due to the lack of an industry consensus on product concept, feature set, core application requirements and target market, we do not expect there to be a single dominant blockchain platform within the next five years. Instead, we expect a multiplatform world to emerge,” said Mr. Lee.

By 2025, the business value added by blockchain will grow to slightly more than $176 billion, then surge to exceed $3.1 trillion by 2030, according to a recent forecast by Gartner. “Product managers should prepare for rapid evolution, early obsolescence, a shifting competitive landscape, future consolidation of offerings and the potential failure of early stage technologies/functionality in the blockchain platform market,” said Mr. Lee.

India's App Software Spending To Outpace China, Grow 20% This Year

India is set to outpace China in enterprise application software spending growth with a 19.8% rise this year, compared with 18.9% in China, says a report by Gartner.

However, it is to be noted that in absolute terms the total spending in India is projected to reach $2.5 billion, while that of China is expected to be higher at $5.1 billion, said the Gartner report.

The report further said that, India has a higher percentage of companies in all categories who want to increase spending across all enterprise applications.

Enterprise content management (ECM), business intelligence (BI), customer relationship management (CRM) and open source (enterprise edition) were the most popular in India, while open source, ECM and CRM were the most popular in China.

In India, increased software spending is being strongly influenced by overarching digital transformation, followed by mobile and artificial intelligence (AI). In China, cloud/SaaS offerings lead as the top influencer (chosen by 63 percent of respondents), followed by Internet of Things and mobile.

IoT is particularly significant in China due to the large manufacturing base, and the fact that "smart manufacturing" is an official initiative in the country's 13th Five-Year Plan. However, adoption of emerging initiatives such as IoT, AI and digital transformation will largely vary. Some end-user organizations are still piloting, experimenting with and trialing their own resources in order to implement these initiatives.

"China's and India's enterprise application software spending has grown at double-digit rates historically, and they will continue to be hot spots," said Keith Guttridge, research director, Garner.

"Despite moderate economic growth, technology and service providers (TSPs) should craft a go-to-market strategy that assumes that China and India will continue to be fast-growth markets in the region and the world," said Mr. Guttridge. "TSPs can differentiate their offerings by providing 'hand-holding' mini-consultations for key initiatives, such as IoT (especially in China), AI and digital transformation (especially in India). They can also deliver use-case scenarios that demonstrate the value of products and services to these emerging technologies."

According to Statista, the revenue of the Indian software market reached around US$5.2 billion in 2016. Until 2018, it is expected to increase to nearly 5.8 billion U.S. dollars of annual revenue. Among the global leaders of the enterprise software market are Microsoft, Oracle, and IBM.

Speaking about Startups in enterprise software sector, enterprise software start-ups are fast becoming the favourites of investors. Take Freshdesk, one of India’s most valuable enterprise start-ups, which makes customer management software. Started in 2010, it has so far raised over $90 million in venture funding from the likes of Tiger Global, Google Capital and Accel Partners.

Between January and April 2016, there were 44 investments in enterprise or business-to-business (B2B) startups, as against 71 deals in the same period of year 2017, according to IndianWeb2 calculations based on data available on the website Trak.in.

India's App Software Spending To Outpace China, Grow 20% This Year

India is set to outpace China in enterprise application software spending growth with a 19.8% rise this year, compared with 18.9% in China, says a report by Gartner.

However, it is to be noted that in absolute terms the total spending in India is projected to reach $2.5 billion, while that of China is expected to be higher at $5.1 billion, said the Gartner report.

The report further said that, India has a higher percentage of companies in all categories who want to increase spending across all enterprise applications.

Enterprise content management (ECM), business intelligence (BI), customer relationship management (CRM) and open source (enterprise edition) were the most popular in India, while open source, ECM and CRM were the most popular in China.

In India, increased software spending is being strongly influenced by overarching digital transformation, followed by mobile and artificial intelligence (AI). In China, cloud/SaaS offerings lead as the top influencer (chosen by 63 percent of respondents), followed by Internet of Things and mobile.

IoT is particularly significant in China due to the large manufacturing base, and the fact that "smart manufacturing" is an official initiative in the country's 13th Five-Year Plan. However, adoption of emerging initiatives such as IoT, AI and digital transformation will largely vary. Some end-user organizations are still piloting, experimenting with and trialing their own resources in order to implement these initiatives.

"China's and India's enterprise application software spending has grown at double-digit rates historically, and they will continue to be hot spots," said Keith Guttridge, research director, Garner.

"Despite moderate economic growth, technology and service providers (TSPs) should craft a go-to-market strategy that assumes that China and India will continue to be fast-growth markets in the region and the world," said Mr. Guttridge. "TSPs can differentiate their offerings by providing 'hand-holding' mini-consultations for key initiatives, such as IoT (especially in China), AI and digital transformation (especially in India). They can also deliver use-case scenarios that demonstrate the value of products and services to these emerging technologies."

According to Statista, the revenue of the Indian software market reached around US$5.2 billion in 2016. Until 2018, it is expected to increase to nearly 5.8 billion U.S. dollars of annual revenue. Among the global leaders of the enterprise software market are Microsoft, Oracle, and IBM.

Speaking about Startups in enterprise software sector, enterprise software start-ups are fast becoming the favourites of investors. Take Freshdesk, one of India’s most valuable enterprise start-ups, which makes customer management software. Started in 2010, it has so far raised over $90 million in venture funding from the likes of Tiger Global, Google Capital and Accel Partners.

Between January and April 2016, there were 44 investments in enterprise or business-to-business (B2B) startups, as against 71 deals in the same period of year 2017, according to IndianWeb2 calculations based on data available on the website Trak.in.

Bad News: Wearable Devices Have High Drop-out Rate, Says Gartner Report

A recent Gartner survey has found out a rather shocking fact. According to it, the current drop-out rate of smartwatches comes out at a high 29 percent, and the abandonment rate among fitness trackers is even higher at 30 percent.

The survey by Gartner's personal technologies study was taken online by a total of 9,592 respondents from the UK, the US and Australia between the period of June to August this year. The survey aimed to track the respondents true feelings/attitudes towards wearable tech, especially know about their buying behaviours when it comes to spending on fitness trackers, virtual reality glasses, and smartwatches.

According to the research firm's survey results, the drop-out rate in smartwatches stood at 29 per cent, and 30 per cent for fitness trackers because people do not find these wearables useful after buying, or they get bored of them too soon or they break in a short interval of time.

The results showed that there is an urgent need for a more a compelling value proposition of these wearables in order to drive in greater adoption.

Angela McIntyre, research director at Gartner, termed the survey results as a "serious problem" for the industry as the abandonment rate turned out be quite high relative to the usage rate.

According to McIntyre, the wearable makers can offer users a more compelling value proposition by ensuring that the uses of the wearable devices are more distinct from what smartphones typically provide. They can engage people with gamification and incentives.

The survey showed that at 10 percent, smartwatch adoption is still in its early adopter stage, while fitness trackers have managed to reach early mainstream with 19 percent adoption rate. Further, only 8 percent of the 9,592 respondents surveyed had used VR glasses/head-mounted displays.

Gartner survey results showed that that people typically bought smartwatches and fitness trackers for their own use, with 34 percent of fitness trackers and 26 percent of smartwatches were bought to be given as gifts.

The survey found that with a 12 percent usage, the US is the leading smartwatch user, the UK comes second at 9 percent and Australia stands third at 7 percent. The US also stood first at fitness tracker usage with 23 percent usage, with the UK at 15 per cent and Australia at 19 per cent.

The survey respondents felt that the wearable devices are priced too high, in comparison to their usefulness. This ends up giving wearable device providers with not so popular brand name an opportunity to provide the users with wearables that are good quality but priced significantly lower than the top brands products.

10 Top Things in Tech This Week

Here's www.indianweb2.com once again with its Top 10 tech news for this week. So, no need to dig or surf anywhere else, statiate your tech hunger for tech in this week roundup article.

1) Meet Lakshmi, India’s First Robot to Be Appointed as Customer Care Executive at a Bank

Kumbakonam-based City Union Bank recently debuted Lakshmi, India’s very first banking robot. It took the bank more than six months of hard work to develop Lakshmi, an artificial intelligence powered robot that is the country’s first on-site bank helper. The robot is capable of answering intelligently on more than 125 day-to-day bank related subjects.

Whether you want to know about the current interest rates on home loans or even know your current account balance, Lakshmi can tell you all. Apart from this, it has also been programmed to connect to the core banking solution.

All around the world, very few banks have employed robots at their branches to help both their staffers and customers. With Lakshmi, City Union wants to bring a whole new experience to India.

2) This Tiny WiFi Device Developed By Stanford Engineers Supplies Missing Link For the Internet of Things

Conceived by a Stanford University research team led by Sachin Katti, an associate professor of electrical engineering and of computer science, and Pengyu Zhang, a postdoctoral researcher, HitchHike is a tiny, ultra-low-energy wireless radio that promises to be the thing that the Internet of Things was looking for since long.

The 2 in 1 Hitchhike prototype is a processor and radio all in one. Although it is about the size of a regular sized postage stamp, but its engineers still feel that it can be made smaller so that it can be easily implanted in bio-devices like a wireless heart rate sensor.

HitchHike is being termed by its developers as the first and only self-sufficient WiFi system that has the power of enabling data transmission by making use of just micro-watts of energy—almost zero. Further, one of its many plus points, is that it can be used as it is with the existing WiFi without any additional equipment or any major modification.

3) Google, Microsoft and Others Create Guidelines For Improving IoT Security

Nowadays, personal computers are no more the only devices connected to the internet. A variety of devices embedded with Internet connectivity and functions have also joined the party. This very class of devices, famously known as the Internet of Things or IoT, and has ended up giving birth to a new level of security and privacy risks.

In order to curb these, the Broadband Internet Technical Advisory Group or the BITAG- an alliance formed by world technology giants Microsoft, Google, Verizon, Intel and a number of other players in the tech industry- has laid out a set of guidelines so as to improve the security on Internet of Things devices.

They are as follows:

a) IoT Devices should make use of the best current software practices. This should include a strong mechanism for secure, automated software updates.

b) IoT Devices should use strong authentication by default and not use common or easily guessable user names and passwords (e.g., “admin”, “password”).

c) IoT Devices manufacturers should follow best security and Cryptography practices by securing communications using Transport Layer Security (TLS) or Lightweight Cryptography (LWC). If devices rely on a public key infrastructure (PKI), then an authorized entity must be able to revoke certificates when they become compromised, and manufacturers should take care to avoid encryption methods, protocols, and key sizes with known weaknesses.

d) IoT Devices should be restrictive rather than permissive in communication.

e) IoT Devices should continue to function even if the internet connectivity is disrupted.

f) IoT Devices should continue to function even if the cloud back-end fails

g) IoT Devices should ship with a privacy policy that is easy to find and understand.

The report has also recommended that IoT devices manufacture should make sure that the devices are not reachable via inbound connections by default. Since BITAG is just an advisory group, it can’t legally enforce any of its recommendations on IoT device manufacturers, but can only give them crucial points to think on and act.

4) Top 10 Strategic Technology Trends for 2017, By Gartner

Gartner’s Vice President and a Gartner fellow himself David Cearley has come up with top 10 Strategic Technology Trends for the year 2017. Mesh, intelligent and digital-are the three main themes that forms the basis of Cearley’s list, which he announced at the recently held Gartner Symposium/ITxpo 2016 in Orlando, Florida.

5) Its Official, Facebook Internet Drone Aquila Is Not For India, Says Facebook India Chief

The Mark Zuckerberg led company has decided not bring its unmanned solar-powered drone, Aquila, to the Indian subcontinent. Aimed at providing infrastructure for affordable internet connectivity in remote areas all around the world, Aquila could have made substantial difference in India’s below-average internet connectivity scenario.

The social networking decision to not bring Aquila to India was recently confirmed by Facebook’s India and South Asia managing director, Umang Bedi to a website.
Though Aquila might not be coming to India, Facebook is still looking at a sustainable development effort in the country via one of its new initiatives called the Express Wifi. The project is in its early stage pilot, with the social networking giant working with telcos and entrepreneurs.

Express Wifi is going to allow users to purchase internet from local data providers, and according to a leading daily, it has already successfully been offered at 125 rural Wifi hotspots as part of the pilot. As soon as the pilot materialises, we can expect more details on the project.

6) This New Technology Could Light The World Using Gravitation

Gravity is the miracle that keeps us grounded on this very planet Earth, but years pass by that we even acknowledge its presence. But, did you know this marvelous downward force also has the potential of lighting the whole wide world?

The GravityLight Foundation is focused at bringing a safe and bright future to all those areas of the world with limited or no electricity access through its innovative GravityLight lamps, which make use of the power of gravity. The Foundation, which is a UK Registered Charity, is working towards alleviating poverty and protecting environment through innovative designs.

Developed by designers Jim Reeves and Martin Riddiford, GravityLight is a simple, low-cost gear-train and generator that makes use of a descending weight to power a perpetual light source. The lamps give people who are currently living in a dark after the sun goes down a possibility to add new possibilities and dimensions to their lives.

7) The supercomputer of the future is nearer than we thought

Scientists at the prestigious Sussex University have recently claimed that they are almost close to building a large scale quantum computer. According to the Professor Winfreid Hensinger, the technology can prove to be a real game changer since quantum computers could be capable of solving in milliseconds the problems that are estimated to take even the fastest supercomputer millions of years.

8) Dutch scientists make use of color-changing graphene bubbles to create ‘mechanical pixels’

Researchers from Netherlands' Delft University of Technology have discovered what could one day most possibly give birth to a new type of display technology: bubbles of graphene that change color as they keep expanding and contracting.

According to the researchers, these ‘mechanical pixels’ could have the potential of making screens that are more durable, flexible and energy efficient than the current LED technology in the market.

9) Google’s AI has developed more proficiency at lip reading than humans after watching thousands of hours of TV

Researchers from tech giant Google’s Artificial Intelligence division DeepMind and the University of Oxford have used artificial intelligence to create what they claim is the most accurate lip-reading software that the world has ever seen.

By making use of thousands of hours of BBC TV footage, the scientists have successfully trained a neural network to annotate video footage with a decent 46.8% accuracy. Though that might not seem very impressive at first, but when the same footage is tested on a professional human lip-reader, he can only get the right word 12.4% of the time.

10) China's LingLong launches DingDong smart home speaker to take on Amazon Echo

LingLong, a China based tech firm, has launched the country's first voice-activated smart home speaker, DingDong, which tech experts consider can give Google's Home and Amazon's Echo a run for its money.

The device, which understands Mandarin, Cantonese and basic English, makes use of voice interaction to do various tasks such switching on home appliances and playing videos/music.

Top 10 Strategic Technology Trends for 2017, By Gartner

While many of us might still not believe it, but sadly(or should we say gladly) the year 2016 is coming to a close and the year 2017 is just a month and half away from us. This has got the technology world thinking about what the immediate future i.e. the year 2017 holds for the tech world. In order to provide us a little direction, Gartner's Vice President and a Gartner fellow himself David Cearley has come up with top 10 Strategic Technology Trends for the year 2017. Mesh, intelligent and digital-are the three main themes that forms the basis of Cearley's list, which he announced at the recently held Gartner Symposium/ITxpo 2016 in Orlando, Florida.

Mesh

In the layman terms, it can be said that mesh basically refers to a dynamic connection of processes, things, people and services that support intelligent digital ecosystems. This means, as mesh as a technology grows, the experience of the user also changes at the fundamental level, and hence, its supporting technology and security platforms and architectures should undergo a change as well.

Trend 1: Conversational Systems

These systems can go from the simple bidirectional, informal text to voice conversations such as a reply to "What day of is today?" to more difficult interactions such as collecting an oral testimony from someone involved in a criminal case. These systems have led to a model shift from people adapting to their computers in the past to the one where the computer hears and adapts to a person. Instead of just using voice/text as interface, these conversational systems allow machine and people to use a number of other modalities such as sound, sight etc. to interact across the digital device mesh such as IoT systems, sensors and appliances etc.

Trend 2: Digital Technology Platforms

It is not a secret anymore that digital technology platforms are so vital for the success of a digital business that they are often described as their building blocks. In fact, nowadays they're considered almost necessary in order to break into the digital world. Ideally, every digital business will have a mix of five digital technology platforms: business ecosystems, Information systems, the Internet of Things, customer experience, and analytics and intelligence. Till the year 2020, new services and platforms for conversational systems, IoT and AI will remain at the centerstage. There is a need for the companies to identify and evaluate how the industry platforms are evolving with time so as to effectively plan for ways to evolve their own digital platforms in order to meet the growing challenges of the digital business world.

Trend 3: Mesh App and Service Architecture (MASA)

The year 2017 would witness important changes being made to the tools, technology and architecture currently being used in the intelligent digital mesh to develop effective solutions. The MASA can be best described as a multichannel solution architecture that make use of cloud and serverless computing, microservices and containers as well as APIs and events so as to deliver dynamic, modular and flexible solutions. These solutions eventually end up supporting multiple users in multiple roles by making use of multiple devices and communicating with over multiple networks. It is important to note that MASA is still a long term architectural shift that needs substantial changes to be made to development tooling and best practices.

Trend 4: Adaptive Security Architecture

With the rapid growth of digital technology platforms, application architectures and intelligent digital mesh, there is an urgent need for security to become more fluid and easily adaptive. As we have discussed several times on IndianWeb2, security in the IoT environment posses a very difficult challenge. There is a need for security teams to work effectively with enterprise, application and solutions architects so as to tackle the important topic of security in the initial phase of the designing of the applications and IoT solutions. The year might see multilayered security and use of user and entity behaviour analytics becoming a necessity for almost every company.

Intelligent

It is safe to say that the year 2016 saw artificial intelligence and machine learning reaching a critical tipping point. From now on, they will increasingly augment and extend virtually every technology enabled application, service, or thing. Further, till the year 2020, creating intelligent systems that will have the potential to learn, adapt and even act autonomously rather than only being able to successfully execute predefined instructions will remain a primary battleground for all technology vendors all around the world.

Trend 5: Intelligent Things

Autonomous vehicles, drones and robots are three main categories into which the new intelligent things can be easily categorised into. The year ahead would witness all these three areas growing to have an impact on a larger segment of the market and extending support to a new phase of the digital business.

While in the above paragraph we talked about new intelligent things, let's also have a look at the existing things like the IoT devices. The year would see them becoming intelligent things as they will be soon be able to deliver the great power of artificial intelligence enabled systems everywhere. This includes medical facility, home, office and factory floor.

As intelligent things grow on the evolution and popularity charts, they will in all likelihood witness a shift from a stand-alone model to a collaborative model one in which intelligent things would be capable of communicating with one another and act in coherence to get tasks done. However, in certain scenarios, issues such as privacy and liability, along with the difficulty of creating highly specialised assistants might slow down embedded intelligence.

Trend 6: AI & Advanced Machine Learning

Artificial Intelligence and machine learning, which currently already includes technologies such as natural-language processing, deep learning, and neural networks, could soon encompass more advanced systems that will be able to learn, understand, predict, adapt and potentially even function autonomously. Systems could learn and change future behaviour, and end up creating more intelligent devices and programs. This new era has been unleashed by a combination of advanced algorithms, extensive parallel processing power, and massive data sets to feed the algorithms.

The banking sector could see AI and machine-learning techniques being used to model current real-time transactions, as well as predictive models of transactions based in the likelihood of them being fraudulent. Organisations which are looking to drive digital innovation with this particular trend will have to evaluate different business scenarios in which AI and machine learning will be successfully able to drive in clear and specific business value.

Trend 7: Intelligent Apps

Intelligent apps, which also include technologies such as virtual personal assistants, maybe soon be able to completely transform the workplace by making its users more effective and everyday tasks much easier than before. However, these new intelligent apps are no longer limited to just new digital assistants. The future could see almost every existing software category right from enterprise apps to security tooling getting infused with artificial intelligence enabled capabilities.

According to Gartner, technology providers will be making use of Artificial Intelligence to focus on three main areas — AI-powered and increasingly autonomous business processes, advanced analytics, and AI-powered conversational, continuous and immersive interfaces.

Gartner hopes that by the year 2018,
most of the world’s largest 200 companies will be able to effectively make use of intelligent apps and fully utilise the toolkit of big data and analytics tools so as to improve their customer experience and refine their offers.

Digital

The lines between the physical and digital world is getting thinner by the day and giving birth to a number of new opportunities for digital businesses.

Trend 8: Digital Twin

According to Gartner, in a time of another 3-5 years, the world would see about a billions of things being represented by digital twins, which is a dynamic software model of a physical system or thing. By making use of physics data on how the components of a thing are operating and responding to the environment as well as the sensors provided data in the physical world, a digital twin can be be put to evaluate and simulate real world conditions, add value, improve operations and add responds to changes. These digital twins work as proxies for the combination of traditional monitoring devices and controls and skilled individuals. In order for them to proliferate, there is a dire need for a cultural change, as those who truly understand the need of real-world things only join hands with IT professionals and data scientists.

Trend 9: Blockchain

A blockchain is basically an anonymous online ledger that makes use of a data structure to make the process of transaction an easier and simpler process. It provides users the ability to manipulate the ledger in a safe way without seeking the support of a third party.

While a bank's ledger has connections to a centralised network, a blockchain is anonymous as it helps in protecting the identities of the users. This is what makes the technology of blockchain a safer way to carry out transactions than any other existing processes.

While a number of blockchain initiatives have been launched this year, a majority of them are in their alpha or beta stages, which means the technology has significant challenges to face in the future.

Trend 10: Virtual reality (VR) and Augmented Reality (AR)

In an interview earlier in the year, Tim Cook had said, "There's virtual reality and there's augmented reality - both of these are incredibly interesting. But my own view is that augmented reality is the larger of the two, probably by far."

VR and AR have greatly transformed the way in which individuals interact with each other and with software systems by creating an environment which is almost completely immersive. VR can be employed during remote experiences and training scenarios. AR, on the other hand, has great potential in the business world as it can be used to overlay graphics onto realworld objects. In the future, we could see VR and AR growing beyond this visual immersion so as to include all the other human senses as well.

[Top Image - Shutterstock]

HR-Tech Startup EdGE Networks Listed in Gartner Hype Cycle for Human Capital Management Software 2016

Bangalore-based EdGE Networks, an HR Tech startup offering next-gen workforce planning solutions, today announced that it has been listed as a Sample Vendor for Machine Learning HCM in Gartner’s latest report on Hype Cycle for Human Capital Management Software, 2016.

Gartner’s current report is aimed to help “buyers understand the maturity and capabilities of technologies in the human capital management (HCM) marketplace, including talent management, workforce management (WFM), HR service delivery and administrative human resources (HR).”

The report states that “Talent science," renamed "machine learning in HCM" to reflect the growing use of machine learning capabilities within HCM applications and stand-alone apps, continues to have the potential not only to transform HCM practices but to fundamentally alter how organizations operate.” Gartner adds “Vendors are emerging with solutions but time is still needed to prove their impact. HR organizations need to start by piloting solutions.”

Arjun Pratap, founder and CEO of EdGE Networks said, “HCM Solutions are redefining employee-workplace dynamics significantly. Our objective is to help organizations facilitate workplace transformations, aided by our technology. We believe our inclusion in the Hype Cycle for HCM Software, 2016 report by Gartner is a testimony that we are headed in the right direction.”

In the report Gartner states that by 2020, its “expects SaaS to be contributing over $7.3 billion or 51% of the global HCM market spend compared to $3.7 billion or 34% to the market in 2016.”

About EdGE Networks

EdGE Networks Pvt. Ltd. is an innovative HR technology solutions provider focused on helping organizations meet their talent-related challenges. With our expertise in Artificial Intelligence, Semantic Analysis, Data Science, Machine Learning and Predictive Modelling, we enable HR organizations to lead with data and intelligence. Our solutions significantly improve workforce availability, billing, allocation and drive straight bottom line impacts.

India's Public Cloud Service Market To Top $800-mn in 2015: Gartner

According to Gartner, a research firm, the public cloud services in India is expected to grow by 33 percent and reach $838 million by the end of 2015. This growth in the public cloud services is a result of the strong growth in the country’s cloud infrastructure and security solutions.

These High rates of spending on cloud services in the country is expected to continue for another three years and the market is poised to touch $1.9 billion by the year 2018.

The public cloud services market was valued at $632 million last year.

“In 2015, public cloud services revenue is driven by high rates of growth in key market segments, cloud infrastructure as a service (IaaS), cloud management and security services and cloud application infrastructure platform as a service (PaaS),” reads a statement released by the research firm.

Spending on IaaS is expected to see an increase of 38 percent over last year and touch $104.8 million in the year 2015.

On the other hand, spending on PaaS and cloud security/management is expected to grow at 35.4 percent to $84.6 million and $56.7 million, respectively during the same amount of time.

Cloud computing basically refers to a pay-per-use model of computing in which software and applications can be accessed by the users over the internet and not owned by them. IT companies can end up saving huge IT costs on these products as they don’t have to invest in buying them.

Some large organisations end up setting a cloud-like infrastructure in their own data centre in order to secure data. This cloud-like infrastructure is called a private cloud.

On the other hand, Public cloud refers to providers whose shared services can be accessed by all. Salesforce.com, Amazon and Google are some examples of the same.

“Organisations in India seeking IT outsourcing services are increasingly turning to public cloud services as an alternative to traditional ITO offerings,” said, Ed Anderson, Vice President, Gartner, in a statement to PTI.

According to the data received from Gartner’s cloud adoption survey in India, 53 percent of organizations in the country confirmed that they were using cloud services today, with another 43 percent indicating plans to begin using the services in the period of next 12 months.

India's Public Cloud Service Market To Top $800-mn in 2015: Gartner

According to Gartner, a research firm, the public cloud services in India is expected to grow by 33 percent and reach $838 million by the end of 2015. This growth in the public cloud services is a result of the strong growth in the country’s cloud infrastructure and security solutions.

These High rates of spending on cloud services in the country is expected to continue for another three years and the market is poised to touch $1.9 billion by the year 2018.

The public cloud services market was valued at $632 million last year.

“In 2015, public cloud services revenue is driven by high rates of growth in key market segments, cloud infrastructure as a service (IaaS), cloud management and security services and cloud application infrastructure platform as a service (PaaS),” reads a statement released by the research firm.

Spending on IaaS is expected to see an increase of 38 percent over last year and touch $104.8 million in the year 2015.

On the other hand, spending on PaaS and cloud security/management is expected to grow at 35.4 percent to $84.6 million and $56.7 million, respectively during the same amount of time.

Cloud computing basically refers to a pay-per-use model of computing in which software and applications can be accessed by the users over the internet and not owned by them. IT companies can end up saving huge IT costs on these products as they don’t have to invest in buying them.

Some large organisations end up setting a cloud-like infrastructure in their own data centre in order to secure data. This cloud-like infrastructure is called a private cloud.

On the other hand, Public cloud refers to providers whose shared services can be accessed by all. Salesforce.com, Amazon and Google are some examples of the same.

“Organisations in India seeking IT outsourcing services are increasingly turning to public cloud services as an alternative to traditional ITO offerings,” said, Ed Anderson, Vice President, Gartner, in a statement to PTI.

According to the data received from Gartner’s cloud adoption survey in India, 53 percent of organizations in the country confirmed that they were using cloud services today, with another 43 percent indicating plans to begin using the services in the period of next 12 months.

Indian E-Commerce To Reach $6 Billion By 2015

The Indian eCommerce industry which started its journey some ten years back has now come a long way. It has now become one of the fastest growing sectors of the country’s digital economy and if predictions by Gartner come true, it will become a business worth $6 billion by 2015.

The Indian eCommerce industry saw a growth of 33 percent last year. Goods and services worth $3.5 billion were exchanged which helped the industry achieve this growth. According to Gartner, the Indian eCommerce industry will see its growth rate increase from 33 to 70 percent by 2015.

However, according to Praveen Sengar, research director, Gartner, the boom in the industry is still at its initial stage.

Though the industry is growing but it is still lagging behind most developed countries and various developing countries. In India, less than 4 percent of the total retail sales come from eCommerce, while, in USA, the figure is a healthy 6.4 percent.

Related - Top E-Commerce Investment in India In 2014

There are a number of factors which have contributed to the growth of the eCommerce sector in the country. An increased usage of Smartphones due to which over 5 percent of transactions take place through mobile and tablets is one of the reason. The growth of the Indian middle class, who are not afraid to spend and flaunt, have also contributed to the growth of the sector.

According to eMarketer, India and China are currently the most rapidly expanding segment of the Asia-Pacific region, which is estimated to account for almost 35 percent of the total B2C online sales this year. This will probably be the first time that the Asia-Pacific region will surpass the United States.

In India, the growth has been lead by three major players: Snapdeal, Amazon and Flipkart. These three ecommerce giants are expected to affect sales worth $4 billion this year. This growth has also helped in bringing more employment in the country. The sector will reportedly be creating around 50,000 new jobs over the next five years.

Sachin Bansal, co-founder, Flipkart, hopes that the Indian eCommerce sales will be able to cross the $70 billion mark by 2020. He even estimates that his own company, Flipkart, would be a $20 billion company by the next five years.

Indian E-Commerce To Reach $6 Billion By 2015

The Indian eCommerce industry which started its journey some ten years back has now come a long way. It has now become one of the fastest growing sectors of the country’s digital economy and if predictions by Gartner come true, it will become a business worth $6 billion by 2015.

The Indian eCommerce industry saw a growth of 33 percent last year. Goods and services worth $3.5 billion were exchanged which helped the industry achieve this growth. According to Gartner, the Indian eCommerce industry will see its growth rate increase from 33 to 70 percent by 2015.

However, according to Praveen Sengar, research director, Gartner, the boom in the industry is still at its initial stage.

Though the industry is growing but it is still lagging behind most developed countries and various developing countries. In India, less than 4 percent of the total retail sales come from eCommerce, while, in USA, the figure is a healthy 6.4 percent.

Related - Top E-Commerce Investment in India In 2014

There are a number of factors which have contributed to the growth of the eCommerce sector in the country. An increased usage of Smartphones due to which over 5 percent of transactions take place through mobile and tablets is one of the reason. The growth of the Indian middle class, who are not afraid to spend and flaunt, have also contributed to the growth of the sector.

According to eMarketer, India and China are currently the most rapidly expanding segment of the Asia-Pacific region, which is estimated to account for almost 35 percent of the total B2C online sales this year. This will probably be the first time that the Asia-Pacific region will surpass the United States.

In India, the growth has been lead by three major players: Snapdeal, Amazon and Flipkart. These three ecommerce giants are expected to affect sales worth $4 billion this year. This growth has also helped in bringing more employment in the country. The sector will reportedly be creating around 50,000 new jobs over the next five years.

Sachin Bansal, co-founder, Flipkart, hopes that the Indian eCommerce sales will be able to cross the $70 billion mark by 2020. He even estimates that his own company, Flipkart, would be a $20 billion company by the next five years.