ITV

Tag: SaaS

  • Telecom cloud market to be worth US$ 31 billion by ’21: Report

    Telecom cloud market to be worth US$ 31 billion by ’21: Report

    MUMBAI: The telecom cloud market is expected to expand from USD 10.92 billion in 2016 to USD 30.79 billion (Rs 2098.5 billion) by 2021, at a compounded annual growth rate (CAGR) of 23.0% during the forecast period.

    This is according to a market research report “Telecom Cloud Market by Type (Solution and Service), Application (Billing & Provisioning and Traffic Management), Service Model (SaaS, PaaS, and IaaS), Organization Size, Vertical, and Region – Global Forecast to 2021,” published by Pune-based MarketsandMarkets.

    The major drivers of this market include the need for lower operational and administration costs, as telecom cloud is hosted on cloud platform. It offers flexible pricing for products & services and allows managing various types of revenue without constraints, a news release from PRNewswire stated.

    The Unified Communication and Collaboration (UCaaS) solution segment is estimated to dominate the Telecom Cloud Market share during the forecast period

    UCaaS is estimated to have the largest market share in the telecom cloud market. Various features, such as multimedia, unified messaging, conference bridges, presence management, and Customer Relationship Management (CRM) integration are helping improve business functions. Therefore, with its increasing demand, Telecom Service Providers (TSPs) are providing UCaaS solutions in the market.

    Network services are expected to capture the highest market share during the forecast period.

    The network services of the telecom cloud market is witnessing a potential growth, in comparison to other services, owing to the benefits, such as Local Area Network (LAN)/Wide Area Network (WAN)/Wireless Local Area Network (WLAN) management, Voice over Internet Protocol (VoIP), managed network services, Internet Protocol (IP) contact centre management, network integration, and network implementation services.

    North America is the leading region, in terms of market share in the telecom cloud market space.

    North America is expected to hold the largest market share and dominate the telecom cloud market in 2016. North America has a huge penetration from large enterprises with technically-sound employees providing continuous innovative technologies. This has led to the growing Telecom Cloud Market. These are some of the major driving factors contributing to the growth of cloud-based services and solutions in North America.

    Major vendors covered in the telecom cloud market for the study are AT&T, Inc. (Dallas, Texas, U.S.), BT Group PLC (London, U.K.), Verizon Communication, Inc. (New Jersey, U.S.), Level 3 Communications, Inc. (Broomfield, Colorado, U.S.), Deutsche Telekom (Bonn, Germany), NTT Communications Corporation (Tokyo, Japan), CenturyLink, Inc. (Louisiana, U.S), Singapore Telecommunications Limited (Singapore), Orange Business Service (Paris, France), and Ericsson (Stockholm, Sweden).

    M&M claims to be the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across eight different industrial verticals.

  • ShipRocket offers high-speed dispatch and shipping service for e-retailers

    ShipRocket offers high-speed dispatch and shipping service for e-retailers

    MUMBAI: KartRocket, an e-commerce platform for SMEs and retailers, has launched a new powerful order-processing and shipping service for its e-retail clients, ShipRocket.

    The one-click service, based on the SAAS (Software as a Service) model, allows e-commerce ventures to enjoy the benefits of the highly efficient delivery management service. ShipRocket enables its clients to dispatch a shipment, pick a courier company, assign an airway bill number and print a shipping label amongst other facilities.

    The service prints all packing slips in batches providing easy access to all customers and order information in one place. Order statuses change automatically from ‘dispatch’ to ‘shipped’ and from ‘shipped’ to ‘delivered’, facilitating the tracking of order history for a particular order.  The final consumer is notified via auto-emails and SMSes when the order moves through dispatch and delivery. ShipRocket manages remittance from various companies and is fully integrated with Amazon and eBay.

    Kartrocket.com CEO and co-founder Saahil Goel commented on the new service saying, “ShipRocket is a phenomenal new technology that we have introduced to smoothen the work of those who want to sell their products online. The service has extended coverage with shipping enablement to over 12,000 pin codes including 6,000 COD pin codes. We follow the policy of a uniform contractual agreement for all clients, enabling multi-vendor management with vendor panels for all our clients. We truly hope to revolutionize the e-commerce space with this excellent introduction.”

    Keeping true to its promise of providing unmatched coverage and reach to its clients, the company is looking at adding more shipping service providers in local regions in the quarters to come.

  • Publicis launches Razorfish in India with Neev acquisition

    MUMBAI: France-based media communications group Publicis Groupe has acquired Bengaluru-based technology services provider Neev as part of launching its digital entity Razorfish in India.

    The agency will operate as Razorfish Neev led by Neev CEO Saurabh Chandra. He will report into Razorfish and Digitas India managing director Kanika Mathur with a direct connection to Razorfish global CTO Ray Velez.

    Neev specialises in eCommerce, SaaS (Software as a Service) and cloud applications across web, social and mobile.

    Founded in 2005 and based in Bangalore, Neev employs a team of 250 specialists, of which over 220 are technologists, with experience and expertise in leveraging cloud and mobile technologies and promoting innovation that drives business success.

    Neev serves a growing list of prominent brands and technology companies mainly in India and the US. Neev has increased revenues on average 45 percent year-on-year since 2007.

    “Razorfish can now offer scaled expertise in India, complementing its already strong presence in Greater China and Australia,” Razorfish and Digitas networks APAC president Vincent Digonnet.

    “At the core of Razorfish lies innovation and technology, and we can only launch the brand in a market with a very deep tech development capability. Neev is providing us with the right engine, including an ability to deliver sophisticated state of the art web, ecommerce, mobile and social solutions. In addition, the acquisition will support the development capabilities of Razorfish technology teams in the US,” he adds.

    Neev CEO Saurabh Chandra said, “Neev has always delivered its work by leveraging leading edge technologies in cloud and mobility. With Razorfish we are looking at taking this to a larger portfolio of clients. Our focus remains delivering solutions to our clients that solve real business problems with the best combination of creativity and technology.”

    Publicis Groupe‘s goal is to create the world‘s leading concentration of digital skills and competencies and to that end is committed to doubling its size in India between 2010 and 2015.

    This year, the Groupe acquired the leading digital agency Convonix based in Mumbai and back in 2012 made significant acquisitions with iStrat (December 2012), Resultrix (August 2012) and Indigo Consulting (April 2012).

    VivaKi India country chair for Srikant Sastri, who is overseeing the acquisition of Neev added, “With the acquisition of Neev, we have added cutting-edge tech capabilities. We are now twice as large as any other global network in terms of digital team-strength and revenues, and unparalleled in breadth and depth of digital skills.”