Big Data: A Great Boon to Chief Manager to Boost Sales

Big Data has created a lot of hype in tech market. What creates Big Data? Big Data is actually a large pool of structured, semi-structured and unstructured information available via social media, CRM solutions, websites, news feeds etc.

By using cutting-edge tools to make right sense of Big Data, chief managers can give a significant boost to their business. Big Data equips managers with understanding of customer behavior and ability to take informed business decisions.
Once it is known that a particular person has searched for a product that your company offers, the person becomes a prospective customer for your business. The prospective customer can be easily approached using retargeting and remarketing strategies, which increases conversion chances by many folds.

Many big firms have begun to invest in Big Data Solutions to take their businesses to new heights. So far, IBM and Cloudera have dominated the market as top Big Data Solution providers.

A big lot of leads is of no use until there is clarity over which customers are interested and likely to buy your products. Lack of Big Data often creates a situation wherein managers target a lot of customers with products that many do not want to buy, a big factor in low conversion rates. With Big Data, it’s easy to separate prospective customers from long list of leads. After genuine prospects are reached via phone, mails, social channels etc., chances become high for them to make a purchase a product they previously failed to complete.

Please check out the infographics below for some cool Big Data Impacts on Sales.

Thanks to FindNerd, a social community for tech nerds and an online project management toolsplatform and an active collaborative network for tech nerds for providing such info-graphics.

Create a Paperless Office: Reduce Paper Use and Increase Productivity

Ask yourself — why has the concept of the paperless office received so much fanbase? For some, it brings the promise of helping to save the environment by killing fewer trees. I live in a city where plastic bags are banned in grocery stores, so I fully embrace the environmental benefits, but they really aren’t the primary driver behind the paperless office. Rather, it’s because organizations are constantly facing pressure to improve efficiencies, optimize business processes, and reduce costs.

When many organizations first began to transition from paper to electronic documents in the 1980’s, there was an initial reduction in the amount of physical paper used, but the truth is that we use more paper today than during the days of the Pet Rock. Consider these statistics:

• - Each day, one billion photocopies are made (Source: Forrester Research)
• - The annual growth rate for the amount of paper produced by the average company is 25%. (Source: Gartner)

We finally have the technology to create a paperless office - at this point it's a matter of embracing the new technology and providing training and encouragement for new business practices. This will save money and time, improve the security of documents and increase customer satisfaction.

As Businesses are evolving, the demand for document management solutions accelerates, developing from the need for more accessibility to information. Enterprises capable of delivering cost and time effective solutions thereby will emerge as the survivors of the race. DigiDocs based on the concept of EARTH- Eco-friendly Application of Resources and Technology for Humans, facilitates the entire replacement of traditional paper documents and files in offices.

Retrieving information and data is one of the most imperative parts of any process operation. This involves facets such as time, accuracy as well as integrity of records and information, affecting the whole process in terms of resource, labour and money. DigiDocs is built on Google’s Tesseract technology, which possesses superior OCR tool and image detection capabilities .With its Linux core and PHP front end, DigiDocs has no perimeter in its scalability and customization. These features synergize effectiveness and efficiency of supporting services across organizations, thereby providing extensive tools and techniques for data retrieval too.
Speaking about the evolution of the concept, Pratik Jhaveri, CEO- Ksmart group said, "Back in 2003-2004, the US government came out with a law for all the hospitals and medical entities to keep only electronic medical records for their patients. With this there was a demand for digitization for storage of documents. Looking at this demand we developed the software that could store any medical paperwork and retrieve them according to the doctor or the patient while decreasing the human intervention significantly during the scanning or the entry process. Hence, DigiDocs evolved.”

Key features-DigiDocs:

• - Saves Money: With an unlimited OCR tool, the need to pay per page is now redundant.
• - Saves Time: The exclusive auto-categorization will replace the manual effort of sorting the documents, thereby saving time considerably.
• - Saves Space: Reclaim the space used to store physical documents.
• - Multiple Document Support: Manage all types and formats of documents
• - Easy Access: Access documents from any machine on the LAN or from anywhere in the world via the internet and Smart Phones
• - User Friendly: Single mechanism to manage both, electronic and paper documents
• - Security: With Features like Access Control, Version Control, Print Control, documents are always safe and remain confidential and cannot be tampered
• - Advanced Search Capability: Comprehensive search capabilities, including quick search, advanced search and full text search with mouse over thumbnail allows easy identification of documents
• - Multi User Support: Multi-user capabilities enable many users on network to access, store and share documents for faster turnaround and help increase productivity

“With the launch of DigiDocs, we look forward to redefine the functioning of end to end processes in organizations. Further customization that we offer along with our solution to match client requirements could possibly bring about transformation in transactional processing, thereby enhancing overall scalability and efficiency in organizations”, added Monika Jhaveri, CMO, KSmart Group.

18 CEOs lead Entrepreneurship Mission at NDIM

Sunil Mittal, Airtel Bharti with VM Bansal, NDIM

New Delhi Institute of Management (NDIM) was privileged to have Shri Sunil Mittal, Founder & Chairman, Bharti Enterprises, as the Chief Guest to confer the PGDM on Saturday, the 6th February, 2016, at its 18th Annual Convocation.

400+ students from diverse regions like Delhi & NCR , Punjab, Nagaland ,Manipur, Assam, West Bengal, MP, UP, Jharkhand, Bihar graduated with 100% placements, in distinguished companies were present.

The CEOs who were present also addressed the students and recaptured the formula for success as an Entrepreneur. They also promised to support the present and graduated students of NDIM in every walk of life.

Mr. Sunil Mittal emphasized the values of dedication and commitments and understanding the gaps in the competitors’ strategies as an entry point. He also stressed the need for Entrepreneurs to have the skills not being currently addressed by the competitiors. Also, if you are fully aware of your business plans, you can beat everyone else. He focused on management and technology innovation being the two essentials for success.

Mr. Sunil Mittal & other CEOs reiterated their commitment to be associated with NDIM in their drive to create entrepreneurs for the next generation, and lead the next Gen companies.

Prof Teena Singh, Registrar, NDIM ; Shri T. K. A. Nair, Principal Secretary, and Advisor to Former Prime Minister of India. Enterprise,Shri Sunil Mittal , founder and CEO ,Bharati Enterprises; Shri V M Bansal , chairman , NDIM; Shri B. P. Singh , Justice B P Singh, former Judge Supreme Court & Ex-Chief Justice Bombay High Court;  former Chief Election Commissioner, Government of India  and Dr. Gauri Modwel, Dean , NDIM

Cricket Revolutionized in a unique way with launch of Lounge Cricket at Rapid Metro

After launching Joy Express, Rapid Metro today opened an indoor cricket stadium in association with ‘Lounge Cricket, another unique initiative to increase engagement with its regular commuters.

Considering today’s world where paucity of time no longer gives us an opportunity to walk up to a stadium and pursue our aspirations; Lounge Cricket along with Rapid Metro understood the pulse of the current generation and are introducing an indoor concept replete with the best of simulation and experience for cricket enthusiasts.

Speaking at the launch, Mr. Rajiv Banga, MD & CEO, IL&FS Rail Ltd, said, “Commuters are our prime focus and we always strive to offer the best to them. After Joy Express, Lounge Cricket is another initiative for our commuters. We are excited to get associated with Lounge Cricket to provide an exciting experience to the cricket enthusiasts. We welcome R Ashwin to personify Lounge Cricket as he symbolizes perfection and commitment which is in synergy with our mission to do the best for our stakeholders”.

Adding on to this Mr. Varun Pasricha, Director, Lounge Cricket, said “Lounge Cricket, as a game, is a treat to engage in terms of the best of infrastructure, phenomenal coaching tools and nail biting acceleration which will bring out the player in everybody. Adding to the facilities,, we have an eclectically designed café serving sumptuous contemporary cuisine. We are also buoyant about our alliance with Rapid Metro in terms of being an apt, unique and established platform to build engagement excellence”

Built at Sikanderpur Rapid Metro Station, this is the second prestigious venue for Lounge Cricket and a first mover advantage in terms of building an indoor stadium setup replete with best in infrastructure and technology; Lounge Cricket aims to build an equal ground for leagues and tournaments here, considering being in a potential catchment of corporate and residential segment. A real life experience, a larger than life feel without getting exposed to the scorching heat of outdoors, is simply a WOW factor with the furor, the pinnacle of emotions, the excitement around the game which is in our blood, still remaining intact. Optimistic thoughts but surely attainable, the concept aims to build “Cricketers” out of budding future generation. Lounge Cricket is now creating a whole new definition of Entertainment…and that too at a metro station!

About Rapid Metro

Rapid Metro Gurgaon is the initiative of IL&FS Rail, is developing country’s 1st fully privately funded Metro Rail system. The driving force behind Rapid Metro is IL&FS Rail which is a subsidiary of Infrastructure Leasing & Financial Services Limited (IL&FS), India's leading infrastructure development and finance company.

About IL&FS

IL&FS Rail is part of Infrastructure Leasing & Financial Services Limited (IL&FS) group, India's leading infrastructure development and finance company. Pioneer in ‘Public Private Partnership’ model IL&FS has significant experience and expertise in the area of Project Development, Project structuring, Project Monitoring and construction, administration and operations. ​

IL&FS has developed an array of innovative solutions on the public private partnership platform to develop commercially viable models for infrastructure projects.

About Lounge Cricket 

Lounge Cricket is a venture of TSPL and is an endeavour to provide unparalleled kinesthetic cricket experience in a comfortable indoor stadium space. The breakthrough technology and the cutting edge simulation adds the distinctive advantage to the concept. Lounge Cricket has operations in Bangalore and has plans to further expand in North and South India in association with leading brands like PVR bluO and IL&FS.​

ERP startup SpiderG launches e-invoicing app for SMEs

SpiderG, India’s first ERP integrated e-invoicing provider for SMEs, launched its free e-invoicing app. The app is designed to enable companies to create, send, and receive invoices, purchase orders, and other such documents online, and have organized communication over these transactions. It provides SMEs with a quicker, easier and more comprehensive platform to manage B2B transactions, B2B communication, and AR & AP management.

According to a study, Indian companies deal with approximately 11 billion invoices in a year. The receiving, approval, and reconciliation processes creates a paper trail of invoices that are passed from one department to the other for approvals and clearances. Owing to the massive number of invoices and manual processes, businesses constantly face issues with lost bills, double payments, missing credits, miscalculations of overall expenditure, storage of thousands of invoices and the uncertainty of whether an invoice has been paid or not.

SpiderG App is a one stop solution for businesses to electronically transact and communicate with their vendors/suppliers, get information about receivables, payables, and other business activities within the organization, while seamlessly integrating with the existing ERP or accounting software. Users can share all transaction data with their owners, general managers, accountants, purchase and finance teams, ensuring clean reconciliation of all transactions. E-Transactions, Doc-Chat, Cash-Cal, Activity stream, Expense Recorder, Dashboard are the key features of the app that a user can access.

“Most companies in India are hassled with processing paper invoices that led us to develop SpiderG, an app to simplify invoicing for SMEs. As mobile devices become more and more integral in our users’ everyday lives, our app enables them to exchange invoices, purchase orders and other documents with vendors and relevant stakeholders. Our aim is to provide SMEs with a seamless network to help them in improving cash visibility and management. Our product is unique and user friendly, integrating the technology used with existing systems like Tally & SAP,” says Prakash Nair, COO and Co-Founder, SpiderG. 

Keeping in mind the sensitivity of the issues faced in monitoring accounts, the app brings to its users a transparent medium of managing their transactions and allocating resources accordingly.

To download the SpiderG App, Click here.

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The idea of SpiderG, an e-invoicing technology provider for SMEs was born in early 2015, out of the need to solve problems of Indian SMEs related to their invoicing. This startup was founded by a team of 3 youngsters – Ashwani Rathore, Prakash Nair and Harshal Ingale with the common aim of bringing about a change in the way big or small organizations conduct business with each other.

Gladiris Technologies owns SpiderG which was started in December 2013, to cater to Enterprise Resource Planning (ERP) software needs of small & medium enterprises. SpiderG is a SaaS product which provides real-time actionable insights to users about their business, and their transactions with buyers and suppliers.

There are close to 170 different companies using the SpiderG platform to do e-transactions, collaborate and get on-the-go visibility.

Indian start-ups Leaf Wearables and ZIVEG partner to launch Ziveg Safer Smart Jewellery

Safer-Ziveg Leaf Wearables

ZIVEG, India's largest Silver Jewellery store online and LEAF WEARABLES, India’s leading wearable technology company have partnered to introduce the first line of ZIVEG SAFER Smart Jewellery in India. In a revolution of its kind, it is an intersection of fashion and technology. SAFER by Leaf Wearables goes inside ZIVEG’s jewellery and empowers you to live a smarter, safer and bolder lifestyle. The ZIVEG SAFER Smart Jewellery is a catalog of 8 designs that accommodates the technological features of SAFER with the design engineering from ZIVEG.

In a revolution of its kind, it is an intersection of fashion and technology. The ZIVEG SAFER Smart Jewellery is a catalog of 8 designs that accommodates the technological features of SAFER with the design engineering from ZIVEG. It comes with many captivating features for modern urban women.

ZIVEG SAFER Smart Jewellery empowers you with the features listed below-
SOS: Press Twice To Send An Alert With Location To Your Guardians
SaferWalk: Nominate Your Guardians To Monitor Your Movement While Travelling
Notifications: A Gentle Beep Tells You To Check Your Phone For An Important Notification
Selfies: Click Your Safer Once To Take Perfect Selfies

ZIVEG SAFER Smart Jewellery allows you to take control over your look. The seamless design engineering allows you to change the color of your jewellery everyday. With high-quality material and fabrics, the product ensures maximum durability and is lightweight.

ZIVEG SAFER SMART JEWELLERY is available in two irresistible collections:
The Voyage speaks the very nature of the technology. It is fearless, advent and travel focused for girls who want to taste adventure and make a statement with every move.
The Illuminati is the subtle yet strong for ambitious girls. It camouflages SAFER in incredibly elegant, minimalistic and corporate designs.

Price Range: INR 3,499 - INR 4,999 
Styles: Bracelet, Cuff, Pendant, Waistbelt 
Availability: The products are available on www.leafwearables.com and www.ziveg.com

SUICH Industries launches Made in India power bank

India’s one of the leading Mobile OEM companies SUICH Industries has announced the launch of its first customer oriented product Power Bank with an exclusive tie-up with Paytm. The Power banks would be available in 3 variants 5000mAh, 7500mAh and 10,000mAh capacity in multicolor. SUICH Power Banks are truly Indian made products which are researched, designed and developed in company’s fully integrated manufacturing unit situated at Sidcul, Haridwar, Uttrakahand in 3 acres of land.

SUICH Power Bank

SUICH 5000mAh power bank is priced at Rs 1499, 7500mAh at 1,999 and 10,000mAh is priced at Rs. 2499 but the product will be available at a launch price of 5,000mAh- 649, 7500mAh-799 and 10,000mAh-999 simultaneously. These high quality products are very slim, stylish and durable in charging and these would be available in red, yellow, blue, black, white colors. SUICH Power Banks are made of V-o flame – retardant shell to protect your safety, super skin friendly material for comfortable handling and comes with a green high performance charging cable.

Suich Industries Managing Director Mr. Gunnit Singh shared about brand and said “We are an Indian company which is into manufacturing of budget mobile phones, chargers, batteries and later on started LED Lights also for a decade. We manufacture and distribute the products to other top brands and we also have a strong nationwide presence. After having expertise and control on quality and understanding of latest technology we have decided to get into direct product for and have launched brand SUICH in the market. Our new range of power banks is high capacity and quality product and better than other Chinese products which are available in the market. It is a fully safe user friendly product, designed with Indian ethics of best quality product at affordable price. Soon we will launch other innovative products in the market and try to convince and aware Indian consumer to use made in India products through our campaign to play an important role in country’s economy.

We have already got very good response in flash sale, in which we have sold power bank at Rs 1. More than 4000 customers got power bank at Rs 1 and more than 15,000 customers registered for the same. The customers who did not got power bank at Rs 1 and completed their registration processes, we are sending our power band (fastest charging cable which u can wear on your wrist) free of cost which has a market price Rs 449. Being an Indian company we believe to be more transparent with customer and offer them a lucrative deal every time keeping in the mind of quality of product, he also added.

To buy SUICH Power Bank, Click here.