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SIDCOP – Fostering a Sino-Indian Digital Partnership

Increasing global footprints beyond our traditional markets has been a focus area. In this, China has a special significance and not least because of their strength in hardware which when effectively combined with our software prowess, can lead to smart solutions being created. Making inroads into China hasn’t been easy but all of that is going to change soon. We have two NASSCOM IT Corridors running in Dalian and Guiyang in offline mode with feet on ground. They help identify strategic partner provinces & stakeholders, connect Chinese businesses with Indian companies and provide assistance to Indian companies to have a local presence. Our vision is to facilitate effective match-making between Indian & Chinese companies which can be scaled. And now, the Sino Indian Digital Cooperat...

Update on NASSCOM delegation to Slush, Helsinki

We are pleased to share participation of NASSCOM member company delegation at Slush, from 3rd-5th December in Helsinki. Slush as some of you may know is one of the largest and very prominent gathering of Startups, Investors and Enterprise and is of interest to all those interested in the Emerging  tech space. Here is a list of quantitative and qualitative impact outcomes: On an average each participating member company had 30-35 good quality B2B meetings with mature Startups from Finland, Sweden and Israel which they plan to pursue discussions with ICT Speed dating other foreign Startup including Israel, which had a pavilion there. Engagement models for large and mid-sized members – include and not limited to partnering with companies that can give them scale in the Nordics, potential part...

UK Immigration White Paper – Assessment

The UK Government (UKG)  published its Immigration White Paper yesterday. The Paper outlines proposals for UK’s future immigration system that will be in effect post 31-December-2020 (that is, after the “Brexit Implementation Period” gets over. Current rules will continue to apply till Dec-2020). The proposals of the Immigration White Paper include – UKG states its intention to establish a single-route immigration system for highly skilled workers, with no preference for EU citizens. Equal treatment to skilled immigrants, both EU and non-EU, was earlier announced by PM May on 2nd October 2018. The current skill and salary threshold for Tier 2 intra-company transfers (ICTs) will be retained. UKG suggests that non-EEA nationals coming to the UK through the ICT route are therefore “not expect...

Japan Calling

Over the last two decades and more, a handful of Indian IT service providers have been operating in Japan. However, low growth, low returns and lack of scale have remained major concerns. Additionally, a lack of a structured approach and intent of focusing on local Japan domestic market coupled with absence of reliable platform for interested Indian and Japanese organizations, remain a big impediment to growth. This in turn is hurting the SME organizations from both countries. Discussions between NASSCOM and the Hiroshima prefecture to promote collaboration between Japanese customers and Indian IT companies leveraging on respective strengths in hardware and software fields have converged on the idea of setting up the first NASSCOM IT Corridor within Japan’s Hiroshima Prefecture to promote ...

The Dubai Internet City & NASSCOM MoU – Leveraging the MENA Opportunities

The ideas for tomorrow – the Dubai way – are born in DIC (Dubai Internet City), a leading tech hub. The Indian IT industry is focused on expanding beyond its traditional markets and the MENA region is certainly up there among the leading destinations. SMEs in Dubai employ 42% of the workforce and contribute 40% to the GDP. There’s huge potential there to collaborate with India.   The MoU signed between NASSCOM and DIC is the first of its kind in the entire MENA region which aims to attract Indian SMEs to the UAE. Towards this, DIC will provide NASSCOM’s SME members the support to operate and expand in the MENA region. Believing that innovation is the future of human investment, the UAE Leadership emphasizes its importance across all sectors through the UAE Vision 2021: “Innovation, researc...

10 Indian startups in advanced technologies make it to CEATEC 2018, Japan

CEATEC 2018 – A Sea of Opportunities The annual Japanese spend in IT Services is approximately 135 billion USD – second only to the US – and Indian IT has a mere 2% share. It isn’t really a reflection of our efforts as much it is about other factors which extend beyond hard-nosed deal-making and technical competence. We will see how. Among all non-traditional markets, Japan is right up there. Equally noteworthy has been our sustained efforts to eke out a much larger share. Combined Exhibition of Advanced Technologies, commonly known as CEATEC, is a very large platform – exhibition. It attracts footfalls upwards of 150k every year and is Japan’s largest IT & Electronics exhibition & conference. Today, when the line between hardware and software is constantly blurring, both hardware ...

Impact of GDPR implementation in the EU

On 25th May 2018, the EU’s General Data Protection Regulation (GDPR) took full effect across Europe, and all companies in the EU and those handling the personal data of EU data subjects now must meet the new privacy standards. Two months later, public authorities, businesses and the public are still getting to grips with the new rules, with guidance on certain aspects of the GDPR still to be issued, and data protection authorities (DPAs) still to publish their decisions on the numerous complaints lodged by data protection activists.   Multiple complaints filed Following the entry into force of the GDPR, companies started receiving a high number of complaints, most of them targeting large tech companies like Google and Facebook. Max Schrems, whose successful complaint led to the annulment o...

Building Inroads in Non-traditional Markets

NASSCOM’s focus on non-traditional markets, particularly in the last 3 – 4 years is unmistakable. Opportunities in Japan have always beckoned and vice-versa.   We took a delegation to Japan for a 3-city roadshow from June 11th to June 14th 2018. This visit was organised with the help of JETRO (Japan External Trade Organisation). Also, the support from Embassy of India was marked by the participation of senior executives.   The seminars at Fukuoka, Hiroshima and Yokohama were attended by 95+ Japanese companies. The company visits in particular were most rewarding. The Indian delegation visited Mazda, Nishitetsu Information Systems, Dream-Arts, and FujiSoft, with these companies expressing their willingness to collaborate with Indian companies for co-creating and co-developing solutions. Equ...

Collaboration to strengthen technology startup ecosystem in India and Israel

In a first-of-its-kind collaboration, Accenture (NYSE: ACN), the Consulate General of Israel to South India, and NASSCOM had jointly launched ‘scalerator,’ an exclusive program that aims to enhance the collaboration between Israeli and Indian startups to create innovative solutions for global markets.   Accenture Ventures’ Open Innovation initiative, Scalerator will identify growth-stage Israeli startups with deep expertise in emerging technologies – particularly in cybersecurity, cloud computing, artificial intelligence, automation, the Internet of Things, blockchain and extended reality — and connect them with India’s startup community through NASSCOM’s 10,000 Startups initiative. Startups in the scalerator program will be hosted at the NASSCOM Startup Warehouse in Bengaluru.   Cel...

NASSCOM-Tech UK Roundtable with Mr Ravi Shankar Prasad

NASSCOM successfully hosted Hon’ble Union Minister for IT and Law, Shri Ravi Shankar Prasad, for a roundtable with IT Industry leaders in London on July 9th 2018, with the support of techUK and GSA, at the techUK office. This high level Roundtable was attended by our High Commissioner, His Excellency Mr Y K Sinha, along with senior management of leading UK and Indian technology companies in the UK, senior officials from DCMS including UK National Technology Officer, Liam Maxwell, leadership of techUK and GSA. From the NASSCOM side we had, Ms Debjani Ghosh, the President & Mr Shivendra Singh, VP, Global Trade. The timing for this meeting could not have been better. With the increasing volatility in the geo-political environment and looming trade tariffs wars, the interest in strengtheni...

NASSCOM Report from Indo Africa ICT Expo 2018

The 4th in the series – the Indo Africa ICT Expo 2018 was organized in Lagos, Nigeria on 22nd & 23rd May 2018. This was the second time that the event was held on Lagos, and the previous two successful events before that were organized in Nairobi, Kenya. Africa is among the faster growing markets worldwide! Improving macroeconomic indicators, conducive business environment, larger, younger & more affluent population, rising middle class – all of these should be seen as strong indicators of not only a source of capital but of job creation, skills development, technology transfer, infrastructure development, responsible governance and most of all – of sustained growth with long-term diversification and transformation of African economies! A very noticeable aspect of the Indo Af...

Capitalising on Opportunities for Technology Job Growth

The potential for job growth in the United States today may be at historic highs. The Digital Revolution of the past two decades has created new positions and even entirely new industries, opening up the potential for an unheard of number of new jobs. Where we’re falling short is in translating the potential of technology into real job creation in the U.S.   It seems strange to us now that, at the dawn of the Internet Age, we once worried about losing jobs to technology. The reality is that technology has been a great engine of job growth. Look at the example of Silicon Valley, which became a magnet for global talent in the 1990s. When you bring highly skilled people, you create more jobs, and today Silicon Valley remains home to the headquarters of some of the world’s largest companies, a...

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