Category: iWorld

  • Last word for Orkut before it retires!

    Last word for Orkut before it retires!

    MUMBAI: It was in 2004 when internet got one of its first social media network – Orkut. Google, the online media giant that had launched Orkut, picked up its business from then. With competitiveness creeping in the online space, the popularity of Orkut gradually fell. Thanks to Facebook and Twitter that has grabbed the attention of netizens during the course of time.

    After a decade, Google has decided to shut down the social networking site which got its user base from countries like India and Brazil. The company took the decision so that it could focus on its other social businesses such as Google+ and YouTube. Internet users will not be able to log on to their Orkut account post 30 September 2014.

    Indiantelevision.com goes down the memory lane with digital professionals and notes few things that will be missed about Orkut.

    Scraps, communities and profile views will always be remembered!

    Messages in the Orkut era were called scraps. Like-minded people could create communities. One could even see who all viewed his/her profile. The number of testimonials defined the popularity quotient.  

    Mindshift Interactive founder & CEO Zafar Rais recalls scrapping as a fun tool to interact with friends and the profile visits as a great way to know who’s keeping a check on your profile; a feature that is consistently famous on social networks, till date. 

    For ibs managing director Sabyasachi Mitter the site was our introduction to social media. “The funniest memory I have of Orkut is to login every day and see who has viewed my profile. And, then go across and see who they were. Some new friends were made that way. Also, to count the number of scraps and compare this with friends was something I remembering doing. The numerous discussions in groups and the sheer volume of conversations were fond memories,” he recalls. 

    Similarly, FoxyMoron creative head – north Kumar Abhishek who also belongs to the Orkut generation that looked forward to know who viewed his profile. “It was always exciting and fun to find a girl I may have liked or had a crush on in the list of those who viewed my profile,” he mentions.  

    According to BBDO Proximity India Digital creative leader Dinesh Swamy when Orkut began, it was one of its kind experiences. “It was ‘cool’ to be there. One memory which I can recall is that we created a group only for family members, just for gossiping.  We enjoyed that phase,  but by the time brands started leveraging, people lost interest in it and moved on to other social networking sites. I don’t remember when was the last time I scrapped,” says Swamy.

    Advertising wish list!

    There were a few brands that partnered with the social networking site for display ads. However, it can be noted that Google had pulled all AdSense ads from Orkut in 2007.

    If given a chance to endorse a brand on Orkut, Rais would have endorsed brands with a larger mass and youth appeal so anything within the FMCG to retail sector would have done exceptionally well. 

    “The one brand would have loved to have seen on Orkut is Oreo,” said Mitter. “If I had the chance to endorse a brand on Orkut, it would be Foster’s as a ‘daaaamn cold’ beer is best enjoyed with friends only,” adds Abhishek.

    Having said this, Orkut will always remain special for early Internet users!

    We will miss you Orkut.

     

  • Yahoo buys Flurry to scale up its mobile ad biz

    Yahoo buys Flurry to scale up its mobile ad biz

    MUMBAI: As internet and social media giants is speeding up to add specialised startups to boost their advertising business, Yahoo too is following the trend. Yahoo has announced that it has reached a definitive agreement to acquire Flurry, a mobile ad and analytics company.

     

    A statement issued by Yahoo mentioned, “Our agreement to acquire Flurry is a meaningful step for the company and reinforces Yahoo’s commitment to building and supporting useful, inspiring and beautiful mobile applications and monetization solutions. By joining Yahoo, Flurry will have resources to speed up the delivery of platforms that help developers build better apps, reach the right users, and explore new revenue opportunities. Together, the companies can make mobile experiences better through products that are more personalized and more inspiring.”

     

    Analytics are critical for all mobile developers to understand and optimise their applicationsThe combined scale of the two companies will accelerate revenue growth of developers and publishers across the mobile ecosystem.

     

    In addition, the joined offerings of Yahoo and Flurry will enable more effective mobile advertising solutions for brands seeking to reach their audiences and gain unique insights across desktop and mobile, and users will benefit from more personalized app experiences.

     

    As announced in Q2 earnings last week, Yahoo mobile usage is growing rapidly. Yahoo’s mobile display and search revenue each grew more than 100 per cent year-over-year. More than half Yahoo’s total monthly audience visits on a mobile device, and in Q2, over 450 million mobile monthly active users came to Yahoo, a 36 per cent increase year-over-year. The average Yahoo user now spends 86 per cent of his/her time on smartphones in apps

     

    “Yahoo’s growth in mobile traffic comes from great people and great products. Flurry’s success is the result of years of committed investment by a passionate team to create an indispensable platform for mobile developers. We want to harness our collective innovative spirit and bolster the mobile ecosystem by providing developers the analytics and monetization solutions to drive their success,” said Yahoo SVP advertising technology Scott Burke.

     

    “As part of Yahoo, Flurry will continue to serve the application developer community in the way we always have, only better. With Yahoo, we will have access to more resources to speed up the delivery of great products that can help app developers build better apps, reach the right users, and explore new revenue opportunities. Over the last six years we have accomplished a lot on our own, but with Yahoo we are in an even better position to achieve our joint goals,” mentioned Flurry president and CEO Simon Khalaf.

  • BigB to share fun facts and interesting trivia – #BachchanBol on Twitter every Wednesday

    BigB to share fun facts and interesting trivia – #BachchanBol on Twitter every Wednesday

    MUMBAI: Amitabh Bachchan is the most followed person on Twitter in India. He is known for his expressive Tweets on the platform and has been constantly engaging with his colleagues, family and fans on Twitter. Today, Amitabh Bachchan shared a Tweet about how he will be kicking off  #BachchanBol tomorrow for his Twitter Extended Family (TwFmXT). The actor will be sharing fun facts and interesting trivia every Wednesday on Twitter. This is an innovative way to connect with a wider audience and engage with them in a way; no one can do it better than Mr. Bachchan!

    https://twitter.com/SrBachchan/status/491467304438206464

    Stay tuned by following @SrBachchan on Twitter and join him in conversation for #BachchanBol every Wednesday.

  • Social Media-the stadium for 2014 World Cup

    Social Media-the stadium for 2014 World Cup

    MUMBAI: Brazil had a reason to cheer this FIFA World Cup season. While it lost the big title, it was still the hub of all the excitement related to the football extravaganza. What is interesting to note is that social media platforms like Facebook and Twitter became another venue where the action unfolded with an audience comprising global fans.

     

    The entire span of the World Cup saw a total of 672 million tweets being sent out: the highest number, Twitter has announced so far related to any event.

     

    Of the 672 million tweets, a bulk of the conversation was during the live matches. The semi-final between Brazil and Germany saw fans sending out more than 35.6 million tweets —setting a new Twitter record for a single event.

     

    The other top four matches were Germany versus Argentina with 32.1 million tweets. Next was Brazil versus Chile which garnered 16.4 million tweets followed by the match between Netherlands and Argentina receiving 14.2 million tweets. Finally it was the Brazil versus Colombia game which got 12.4 million tweets.

     

    Three of the top five most-tweeted moments occurred during Brazil’s 7-1 semi-final loss to Germany on 8 July, while the other two moments came in during the final match. The top five moments that generated the biggest peaks of Twitter conversation, measured in tweets per minute (TPM), during the entire tournament was Germany defeating Argentina to win the World Cup final with 6,18,725 TPM. Next was Germany’s Sami Khedira scoring a goal assisted by Mesut Ozil during the semi-final versus Brazil which got 5,80,166 TPM. Germany’s Mario Gotze scoring the winning goal of the World Cup on 13 July generated 5,56,499 TPM. Germany’s Toni Kroos scoring his second goal in the semi final against Brazil was fourth in line with 5,08,601 TPM. Finally, Toni Kroos scoring his third goal during the same semi-final match against Brazil garnered 4,97,425 TPM.

     

    The top 10 mentioned players in India during the WC were Lionel Messi, Luis Suarez, Cristiano Ronaldo, James Rodriguez, David Luiz, Robin Van Persie, Neymar Junior, Mesut Ozil, Pepe and Wayne Rooney.

     

    While Twitter was buzzing, Facebook wasn’t far behind. 350 million people joined the conversation during the entire span of the World Cup generating 3 billion interactions (posts, comments and likes).

     

    Brazil’s demolition by Germany spurred around 66 million people to create more than 200 million Facebook interactions in the semi final match. People thronged to the platform: 10.5 million people from the US in the final and host country Brazil with 10 million. Men in the age group of 18-24 posted on Facebook the most as compared to any other demographic. This was followed by men aged 24-34, women aged 18-24, women aged 24-34 and men aged 13-17.

     

    NeymarJr saw the most fan growth on his page since approximately 15 million fans ‘liked’ his page since the beginning of the World Cup.

     

    Meanwhile, to give  a perspective of the  fervor and excitement surrounding FIFA World Cup – Vdopia a leader in online and mobile video advertising recently released an info-graphic calling it ‘The ultimate multi-screen event’ after  examining the impact of online and mobile devices on fan interaction with the World Cup.

     

    The report found that fans across the Asia Pacific (APAC) region and India were following the FIFA on multiscreens like TV followed by mobiles and then laptops. The most significant trend the report noted was a paradigm shift in consumer’s video consumption behaviour termed as “multi-screen intake” or “platform agnostic” intake. Simplified, it means a typical consumer who was watching the match, checked FIFA updates and shared highlights of his favourite match on his mobile, updating them on Facebook, looking up for some information on their tablet or just sending an email – all during the same time.

     

    Some of the finds mentioned that the mobile has become the second most preferred medium in APAC after television with 80 per cent of the respondents looking at television+smartphones. It also said that 2,50,000 Indian unique viewers visited football sites everyday via their mobile. It says that the social buzz volumes in India were the highest between 8:00 pm to 4:00 am.

     

    The report further mentions that India saw one of the highest ever online sports audiences in May with 6.5 million viewers who watched 59.7 million sports related videos in May 2014.  The report appropriately sums up that the 2014 FIFA World Cup has been regarded as the ‘most social event ever.’

  • USD 1 trillion to be spent on telecom and datacom over next 5 years

    USD 1 trillion to be spent on telecom and datacom over next 5 years

    NEW DELHI: The Asia Pacific region has shown major growth of six per cent year-over-year in the telecom/datacom equipment and software revenue as against 4.5 per cent by North America.

     

    This trend is expected to continue through at least 2018, Market research firm Infonetics Research says. It also projects a cumulative $1.01 trillion will be spent by service providers and enterprises on telecom/datacom gear and software over the five years from 2014 to 2018.
     

    Sales of telecom and datacom equipment and software came globally to $183 billion in 2013, three per cent above the previous year.
     

    According to research data from its 2014 Telecom and Datacom Network Equipment and Software report, Infonetics says the overall telecom and datacom network equipment and software market share leaders are in rank order: Cisco, Huawei, Ericsson, Alcatel-Lucent and ZTE – the same top five vendors with virtually the same shares as the year prior.

     

    Vendor share positions also held steady in the enterprise segment, with Cisco in the driver’s seat and followed distantly by tightly bunched Avaya, Brocade, HP, and Juniper (listed in alphabetical order).
          

    Infonetics Research principal analyst Jeff Wilson said: “Despite the fact that enterprises and service providers are in the middle of massive network upheavals due to the evolution of software-defined networking (SDN) and network functions virtualisation (NFV) technology, the telecom and datacom networking equipment and software market is on track to grow annually through 2018 with the fastest growth coming in 2015.”
     

    Infonetics co-founder and co-author of the report Michael Howard added: “Looking at just the service provider equipment space, we’re seeing a shakeup in vendor market share, with Huawei leapfrogging longtime number-one Ericsson to take the top spot in 2013. While Huawei’s been doing well in a number of regions, China’s economy is a key factor keeping Huawei’s growth so strong.”
     

    The report has compiled worldwide and regional market size, vendor market share, and forecasts through 2018 from all of its reports that track enterprise and service provider gear. It is the majority of all data networking and telecom equipment for service providers, cable companies, and small, medium, and large organisations, excluding consumer electronics.

    The 11 major categories of equipment and software tracked in Infonetics’ report include broadband aggregation; broadband CPE; pay TV; optical network hardware; carrier routing, switching, and Ethernet; service provider VoIP and IMS; service provider mobile/wireless infrastructure; service enablement and subscriber intelligence; security; enterprise and data center networks and enterprise communications. Companies tracked include Alcatel-Lucent, Avaya, Brocade, Ciena, Cisco, Ericsson, Fujitsu, HP, Huawei, Juniper, Motorola, NEC, Nokia, Samsung, Siemens, ZTE, and many others.

  • Disney India and Salman Khan announce the official mobile game on ‘Kick’

    Disney India and Salman Khan announce the official mobile game on ‘Kick’

    MUMBAI: You have enjoyed his dialogues, his dance moves and even his unique style… here is your chance to play Salman Khan in the newly launched Kick mobile game. Disney India’s Interactive business, today announced the launch of the official mobile game based on the most awaited movie of the year – ‘Kick’.

     

    The game has all the elements of the movie – heroism, stealth, entertainment and above all, the game avatar of Salman Khan’s character himself! Superstar Salman Khan and actress Jacqueline Fernandez were present to launch the game amidst much fanfare. Salman Khan being his usual witty self, enjoyed showing off his gaming skills and entertained the crowd with his comments and sense of humour. The game is developed for both feature phones and smartphones (Android, Windows) to reach out to a wide audience of mobile users in the country. The iOS and feature phone version of the game will be launched along with the release of the movie.

     

    In the game titled after the movie, the player takes on the role of Devil (Salman Khan’s movie character) and embarks upon a benevolent yet exciting journey where he robs from the rich and corrupt and deposits that money in the bank for philanthropic causes. The game sways in two phases letting the player experience robbing and escaping gameplays consecutively. The objective of a level is achieved only when the player manages to complete both the phases. The gamer will need to play in stealth style and escape the cops in grit. The gameplay includes numerous obstacles which include security alarms, lasers, manholes, street cones and more.

     

    Commenting on the launch of the game, actor Salman Khan, said, “We (Sajid, me and the KICK team) wanted to create an interactive experience of our movie for the fans. The mobile game developed by Disney India is both exciting and easy to play which makes it fun and engaging. I hope my fans will enjoy playing the KICK game as much as I do.”  

     

    Producer and Director, Sajid Nadiadwala said, “Kick is a very special movie for us and we wanted to take the movie’s experience to all the audiences and give them a taste of the unique style of Salman’s film character and the essence of the movie through this game. The team has worked really hard to create a fun game and we are happy with the outcome.”

     

    “The kind of movie that Kick is, its concept of action comedy, perfectly lends itself to making a game. The game based on the movie will give gamers and Salman Khan’s fans an opportunity to not only play as Salman Khan himself but also enjoy an immersive gameplay offering the essence of their favourite star’s movie. Salman and the team have been very excited about the game and worked closely with our team to make it happen. We are confident that the game will be a blockbuster hit just like the movie,” said Disney Idnia MD Siddharth Roy Kapur.

     

    “Gaming today has emerged as one of the top entertainment sources on mobile phones in the country and Indians love Bollywood. By marrying the two, it extends the experience of the movie to consumers in an interactive environment through a highly engaging game,”said Disney India VP and head (interactive)  Sameer Ganapathy.

     

    Kick will hit the theatres worldwide on 25th July 2014. So get your gaming hats on and get gaming as Salman Khan this Eid!

     

    Game now available on:

     

    Android – Google Play Store link: https://play.google.com/store/apps/details?id=com.indiagames.kick

     

    SYNOPSIS OF THE FILM:

     

    On a train journey in Warsaw, apretty psychiatrist, Shaina, meets Himanshu, a police officer from India, for an arranged match. Both not wanting to marry, become friends and share their pasts.

     

    Shaina shares the story of her ex-boyfriend Devi, a guy who lived only for his ‘Kick.’ She talks about his madness and their whirlwind romance, until one day he breaks up with her for a new kick and walks away, never to return.

     

    Himanshu tells her about his glorious escapades and that he has finally met his match; an intelligent thief.

     

    What they don’t know is that both their stories have one thing in common; Devi. He returns back into their lives under a new guise of having lost his memory. Behind it all, is a deeper mystery and an uncompromising mission, for which Devi is ready to lose his life.

     

    What is the mystery of Devi and his real mission?

     

    Do Shaina and Himanshu find their closure?

     

    Releasing this Eid, Kick promises to be a complete wholesome action entertainer with Superstar Salman Khan at his natural best – An action hero and a passionate, naughty lover.

     

  • Now brands can manage Facebook ads on the go

    Now brands can manage Facebook ads on the go

    MUMBAI: Facebook has announced that it will now help advertisers to manage their Facebook ads on the go with an ads manager on mobile devices.

     

    Using the Facebook (iOS, Android and mobile site) apps, marketers can now pause or resume campaigns. Brands can also edit budgets and schedules. The service will allow brands to view insights and respond to alerts. They can also bookmark on their Facebook app.

     

    The social media company in its blog mentioned that it will be rolling out the feature globally in the coming days and by the end of the summer, all advertisers will have access to it.

     

    Interestingly, Google too released native iOS and Andrioid apps for its Adwords Express, an ad platform, at the same time. The service is aimed at getting small businesses on board. The feature is currently available only for the US market.

     

    The move by both Facebook and Google will make lives of marketers much easier moving forward.

  • Do celebs really push the online gamut?

    Do celebs really push the online gamut?

    MUMBAI: Everyone is talking about it. Everyone is on it as well. Online retailers have caught everyone’s fancy and if stats are to be believed then they are here to stay.

     

    The e-commerce industry has been growing at a rapid pace; 2013 saw the industry grow over 65 per cent which is currently estimated to be at $3.2 billion. As new competitors entered the space to encourage the shopaholic in all of us to click on the ‘buy now’ button and get parcel at the place of convenience, the competition has only grown manifold.

     

    To woo the ever-confused shopper who has too many options to choose from, thanks to new players entering the lucrative e-commerce market, the online retailers have to lure them with various offerings. Be it delivery in one day or exclusive brands on board, they have done it all to make sure customers come to them, time and again.

     

    Discounts are offered every now and then, and on special occasions like anniversary through various contests, customers are awarded shopping points and gifts. For instance, eBay India launched a Way Too Fab (WTF) campaign for its ninth birthday bash. As part of the celebration, it created a special page www.ebay.in/waytoofab that allowed any user who purchased products which valued more than Rs 500 on 12, 13 and 14 March 2014, to spin the Wheel of Magic which offered consumers an assured gift ranging from special coupons to mobile phones and tablets to name a few.   

     

    However, the latest mantra has been to launch eye-catching TVCs. Amazon India launched its first TVC during the most-sellable property on Indian television – Indian Premiere League (IPL). Having said that, who can forget the ads of Flipkart? The ads featuring children role-playing as adults went viral and soon many others followed. After a lull period, the war on the television screen has begun again as the new entrants want to leave their mark on people’s mind.

     

    Like Victoria Secret would be just another brand without its angels, similarly, each e-commerce platform is trying to be different than the other.  And for this, these portals have decided to attach popular faces to the brand. The hottest fad currently is popular Bollywood faces associating themselves with various e-retailers.

     

    Ranveer Singh, Lisa Haydon, Neha Dupia, Farhan Akhtar, Purab Kohli are just a few names associated with lifestyle e-retailers. When asked how does it help the platform, Myntra’s chief marketing officer Vikas Ahuja says, “By associating with celebrities, Myntra is making an effort to not just provide fashionable apparel and accessories but also be a thought leader in the latest style trends that are driving the fashion industry. Our association with celebrities such as Ranveer Singh for Roadster and Lisa Haydon for the Myntra brand has strengthened our focus on fashion, providing fans and customers an enthralling experience that goes beyond just shopping on our site.”

     

    LimeRoad, which caters to women’s sensibilities only, believes that though it has differentiated itself from other e-commerce players by moving away from a discount led offering, it did bring in Neha Dhupia on its management team. The reason behind it was that the team felt that her style could inspire a lot of women who shop on the site and those who make scrapbooks to express their style on LimeRoad. “Celebrities who reflect the brand’s promise help you get the right people to the site. They also bring in a lot of freshness and relevance to the context,” says CEO Suchi Mukherjee and adds, “Neha Dhupia is not only a pretty face but she epitomises the hard work, grit and dedication needed to make it big in life.”

     

    Others like YepMe, Lenskart etc too have celebs endorsing them. The rationale behind it is that most of them believe that celebrity associations help to create awareness, provide credibility and stature to the brand and rub-off of the celebrity’s personality and appeal onto the brand which strengthens the brand positioning / attributes further.

     

    Online apart, many companies have shopping on television ventures as well. However, these 24*7 channels which cater to mostly housewives don’t have celebs promoting them.   “Celebrity endorsement is beneficial for instant recall of the brand. When customers watch their favourite stars endorsing the brand or promoting a clothesline it does garner some visibility and helps draw eyeballs. But in the long run it’s all about the products and propositions that any brand has to offer,” believes HomeShop18 CMO Vikrant Khanna.

     

    The channel through its offerings, customer relationship management, value proposition, three-screen presence on TV-Web-Mobile and technology, wants to stand apart from the competition.

     

    HomeShop18 recently announced its TVC around the mantra “Shopping Makes Me Happy,” which had (talking) cats connecting with consumers to establish an emotional connect appealing to their desire for shopping. Similarly, Star CJ Alive, which parted ways with Star Network, introduced new mascot ‘Shoppie’ which works at bridging the gap between the current name and until the new name is finalised.

     

    TV has the highest media reach so irrespective of the industry, it’s still one of the most effective advertising medium. However, with changing times most of these brands have a 360 degree approach. New mediums like digital and social media have become an essential part of business today.

     

    Companies are taking extra efforts in the digital space to supplement the tools social media offers. Facebook, Twitter, YouTube channel, Instagram etc. are deployed to engage with peers and reach out to existing and potential customers across the digital platform.

     

    One of the best examples of luring youngsters today who are perpetually online is Myntra’s latest campaign -‘Live for Likes.’ The platform so far has also conducted other campaigns, both online and offline like the survey of India’s Most Fashionable Politician, Indian Fashion League, the Online Treasure Hunt, Online shopping fest, celebrity engagement through Fashion Icon of the Month among others. All this to encourage shoppers to be a part of its brand story.

     

    Online analysts believe that whatever be the case – online dominance or celeb in hand – a brand needs to be very clear of what it wants to accomplish. “There is a string of young actors who are willing to come on board. However, partnering with a right celeb is also very important. He/she should be able to generate interest among visitors on the site which should invert into sales to be successful,” says an analyst.

     

    A brand expert adds that these celebrities come at a certain price, so have to be used wisely. 

     

    Celebs might help generate initial traffic, but loyalty is dependent on product offerings, propositions, value, after-sales service, ease of use of the portal, hassle free delivery and return policies and lastly an overall virtual shopping experience. “If these important things are in place, shoppers will return to explore more, irrespective of the portal being endorsed by a celebrity or not,” concludes the expert.

  • Despite assurances no sign of lifting the ban on YouTube in Pakistan

    Despite assurances no sign of lifting the ban on YouTube in Pakistan

    NEW DELHI: Even as the ban on YouTube in Pakistan is expected to continue with the government unrelenting, the Sindh High Court has issued notices to the information technology secretary, the Pakistan Telecommunication Authority (PTA) chairman and other concerned authorities. The notices are on a petition challenging the ban on video-sharing website.

     

    The parties have been asked to file their replies by 12 August according to a Pakistani website.

     

    The move was followed by a petition backed by several petitioners stating that PTA had blocked over 1000 websites since September 2012 under the guise of ‘blasphemous content’.

     

    They submitted that a ban on the largest video portal on internet affecting badly the students, entrepreneurs, teachers, artists, religious scholars and all those who used the video website for commercial and professional aim.

     

    It was stated in the petition that instead of blocking the specific URLs, PTA opted to block the whole platform depriving the citizens of their basic rights. The move isn’t unheard of because many Islamic countries have a system to block those blasphemous content or unwanted web pages on the internet.

     

    The petitioner further stated that PTA planning to block even more pages in the future which would cause even more trouble for the people and they pleaded the court to stop PTA from doing this. The court was also requested to declare the censorship on websites including YouTube a deliberate violation of the fundamental rights as protected in the Constitution of Pakistan.

     

    Earlier, the Lahore High Court had asked the Pakistan government to resolve the issue.  The Information Minister Pervaiz Rashid and Information Technology Minister Anusha Rehman even assured the court that the ban would be lifted soon, but this has not happened. An assurance that new software for blocking offensive videos would be acquired has also not been fulfilled.

     

    This is despite the fact that several artists and media persons have been protesting against the ban for the past two years. 

  • Google’s Nikesh Arora heads to SoftBank

    Google’s Nikesh Arora heads to SoftBank

    MUMBAI: SoftBank Corp. has announced that Google’s Nikesh Arora will be joining the company in October as vice chairman of SoftBank Corp. and CEO of SoftBank Internet and Media Inc (SIMI).

     

    He will be report to SoftBank Corp. chairman and CEO Masayoshi Son.

     

    Arora joins SoftBank after almost a decade at Google, first running their European business operation and for the last five years as its chief business officer.

     

    “As we enter the next phase of our expansion I can’t think of a better person than Nikesh to help us chart that course. As Vice Chairman, he will work closely with me in defining, implementing and managing our global growth strategy. In addition, as CEO of SIMI he will be directly responsible for overseeing our Internet, telecommunications, media and global investment activities, which we have been developing over the last few years,” said Masayoshi Son.

     

    “I have had the good fortune of getting to know Nikesh over the last five years. He brings a rare set of skills: amazing financial and strategic acumen; a decade of executive experience at one of the fastest growing companies in history; a deep understanding of the telecommunications industry. This makes him uniquely qualified to help guide us through our next stage of growth. Our intention is to nominate Nikesh to the SoftBank Corp. board at our next shareholder meeting,” he concluded.

     

    Before joining Google, Arora was a telecom analyst at Putnam Investments. He then went on to create his own mobile data start-up in 2000 and also worked with T-Mobile in various capacities including as CMO of its European Business and a member of its board.

     

    At Google, Arora was responsible for all partnerships, marketing, sales and customer activities in addition to being part of the company’s management team. Arora has an MBA from Northeastern University, a Master’s Degree in Finance from Boston College and graduated as an Electrical Engineer from IIT-BHU. He is also a CFA.