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4G phone revolution is flourishing in the villages of rural India but there's ample scope for exponential growth
Raju •A recent study by CMR (CyberMedia Research), reveals that one out of three 4G subscribers’ lives in the villages.
Facebook co-founder Eduardo Saverin's B capital firm raises $360 million in funds for tech start-ups
•B Capital, which is backed by The Boston Consulting Group, invests in sectors such as healthcare, financial services and insurance.
40 percent of consumption in fast moving consumer goods segment to be driven digitally by 2020: Google
Ians •40 percent of consumption in the Fast Moving Consumer Goods (FMCG) segment worth $45 billion will be driven digitally by 2020, a new Google report said.
India to have more than 850 million online users by 2025, says BCG survey
Ians •India will have more than 850 million online users by 2025, with Reliance Jio triggering the growth having added 100 million connections in seven months.
The Fashion Shopper has gone mobile: New report by BCG & Facebook
Fp Archives •As per BCG, by as early as 2020, online fashion shopper’s base in India will double to 135 million and 70% of online consumers will buy online.
Online fashion market in India is expected to hit $12-$14 billion by 2020
Ians •Led by spurt in smartphone penetration, convenient payment gateways, and the evolved online shoppers, the domestic online fashion market is estimated to reach $12-$14 bn level by 2020.
India needs to create 12-15 mn non-agricultural jobs per year
Ians •By 2040, India is projected to have the maximum share of working-age population.
E-commerce expected to touch $50-55 billion by 2021: Study
•The report notes that convenience has overtaken discounts as a key driver for buying online. From 40 percent in 2014, the report notes that more than 55 percent purchase online due to convenience.
Six Levers For Reining In IT Complexity: BCG
Fp Archives •Curbing excessive complexity can significantly increase the IT function's ability to support the company's business objectives, says the Boston Consulting Group.
ICT Can Cut Global GHG Emissions By 16.5%, Save Up To $1.9 Trillion Annually
Fp Archives •Increased use of video conferencing, smart building management can cut up to 16.5% greenhouse gas emissions, saving $1.9 trillion in fuel and energy costs.