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|In: BlockChain|Last Updated: | 0 Comments

When is the right time for your business to implement blockchain technology? Is it the right time to invest your capital in the technology and if yes, then will your current capacity or core capabilities be able to bear the overwhelming potential that blockchain has to offer? The Government of India, in its 2018 budget, has undertaken to explore the use of blockchain proactively for ushering in a digital economy. To aid the efforts of the Government, Microsoft* has been working over the last many years with global giants to uncover the potential of blockchain across banking and finance, retail, cyber security, supply chain management, IoT, Insurance, cloud storage and many more.

Image Source – BlockChain

But what is blockchain exactly? And what capabilities make it so attractive for enterprises?

Blockchain is a disruptive technology trend that enables a shared, authentic, decentralized ledger that is-

Secure: Blockchain uses strong cryptography to create transactions that are impervious to fraud and establishes a shared truth. Also, all the transactions are signed with the digital certificate.

Shared : The real benefits of blockchain, over conventional technology, are achieved when we use it to link organizations to share information on a distributed ledger.

Distributed : A blockchain can be distributed across multiple organizations and becomes more secure as replicas are added.

Ledger : Every transaction is written into the ledger once and cannot be changed after the fact.

What kind of businesses is blockchain best for?

First and foremost, blockchain technology is adept for businesses where large amounts of data is transferred, updated and filtered by multiple users. The potential scenario to apply blockchain depends largely on that. Once we realize that there is a situation that requires the capabilities of blockchain, there arises the need to understand whether a public blockchain is required or an enterprise blockchain is essential.

But what is an enterprise blockchain? An enterprise blockchain [i.e. Hyperlegder, Ethereum Enterprise, Ripple, Quorum, etc.] is a distributed ledger with the following characteristics-

  • All the participants, and their digital identities, are known from one or many trusted organizations
  • Writes and read permissions are roles-based and usually requires consensus of several participants
  • Multiple algorithms are used for consensus

There are two types of enterprise blockchain:

  • Private: Usually managed by a single organization. Typically, the network participants are internal business units or divisions.
  • Consortium: In this case, the blockchain network is managed by multiple trusted organizations. New participants require a consensus of several participants.

Which industries can use blockchain?

The potential impact of blockchain is significant across all sectors and industries—from banking to government to healthcare and beyond, as it-

  • Eliminates intermediaries increasing efficiency and speed.
  • Simplifies operations by reducing cost and time related to reconciliations and disputes.
  • Potentially enables new business models increasing revenue and savings.

According to top market analysts and leading consulting firms, the top five industries that blockchain will likely disrupt by 2020 are financial services, government, real estate, supply chain management, and media distribution. Currently, most Microsoft customers using blockchain on Azure are financial services institutions, including insurance companies. However, the trend is rapidly shifting to other industries.

More interestingly, a sizeable percentage of blockchain implementations involve at least one participant from a second industry such as manufacturing, government or retail. A few customer examples are –

  • Bank of America and Microsoft Treasury using Blockchain in a Trade Finance scenario to improve the process of issuing a Standby Letter of Credit to a customer [SBLC] to a customer.
    Impact – The process has been reduced from 3-5 weeks to just 3-5 days
  • Renault Group is working together with Microsoft and VISEO to create the first digital car maintenance book based on Blockchain and using Microsoft Azure capabilities.
  • Large food manufacturers and distributors are using blockchain to track their premium products journey from source to consumption efficiently, and to have a shared ledger as the single source of truth.

In India, amongst other strategic partnerships and implementations, Microsoft has partnered with Primechain whereby Azure Blockchain is the exclusive cloud platform for BankChain, a blockchain consortium of 30 top banks. Primechain is creating innovative applications on top of Azure for near real-time cross-border remittance at near zero cost, real-time peer-to-peer transfer systems with automated reconciliation, end-to-end loan syndication process management, vendor on-boarding, NDA processing, and vendor rating and many more. The State Bank of India, India’s largest bank is using Primechain’s blockchain-enabled smart contracts and KYC [Source]

Both, in India and globally, Microsoft is the partner of choice for the financial services industry, be it for transforming into a modern workplace, collaborating securely in real-time with first line workers and field teams, reducing IT costs, improving CRM performance, or technologies like blockchain.

Looking ahead, Microsoft is working with customers, partners, and the developer community to accelerate blockchain’s enterprise readiness. Microsoft’s mission is to help companies thrive in this new era of secure multi-party collaboration by delivering open, scalable platforms and services that any company can use to improve shared business processes. Its roadmap is based on the following principles –

  • Blockchain on your terms – No one-size-fits-all approach — Microsoft’s platform and ecosystem partners make it easy to get started and iterate quickly with the blockchain of your choice, both on-premises and in the cloud.
  • Integrated with your business – Merge blockchain with the IT assets you already have. Azure lets you integrate blockchain with the cloud services your organization uses to power shared processes.
  • Ready for the enterprise – With the Coco Framework, Cryptlets, and Azure services integration, Microsoft is addressing existing technology gaps with blockchain and helps organizations build durable enterprise-grade applications.

Microsoft also actively participates in industry consortiums such as R3, Enterprise Ethereum Alliance, and IC3, to understand core industry scenarios, and to continue learning to meet the needs of customers. Currently, Microsoft supports the most widely used blockchain and distributed ledger protocols on Azure, including HyperLedger Fabric, R3 Corda, Quorum, Chain Core, and BlockApps.

For more information, please visit here and here

[Note* – This article is contributed by Microsoft]

|In: e-commerce|Last Updated: | 0 Comments

Criteo S.A., the leading commerce marketing technology company, announced the launch and general availability of the Criteo Reseller Program. Developed with the needs of the Asia-Pacific [APAC] region in mind, the program allows online marketplaces to resell, Criteo’s best-in-class solution, Criteo Dynamic Retargeting, to merchants or affiliates on their platforms.

Regional eCommerce sales are expected to exceed US$3 trillion and account for more than 25 percent of total regional retail sales by 2021. Across the APAC region, close to 6 in 10 shoppers purchase products on online marketplaces. The program has therefore been designed to help online marketplaces and their merchants maximize their share of this APAC growth opportunity, while delivering seamless and relevant retail experiences to shoppers across all devices and channels.

Yvonne Chang, Executive Managing Director, Asia-Pacific, Criteo, said

In virtually every APAC country, an online marketplace tops the list of eCommerce sites or apps most used by local shoppers. For merchants, participation in an online marketplace has become the most obvious pathway to success. Through the Criteo Reseller Program, merchants can now take advantage of Criteo Dynamic Retargeting, within marketplace environments, to re-engage shoppers online.

They can control and adjust their ad spends to better connect shoppers with products they need and love – this will boost revenue for themselves, the marketplaces and the economies they are a part of. The program will drive further commerce growth in each country and across the region.

With access to Criteo’s machine learning technology and open commerce marketing ecosystem, a merchant can now serve personalized product offerings and recommendations to reach, engage and convert shoppers on a larger scale. An online marketplace that empowers increased reach and sales for its merchants will enjoy revenue and higher Gross Merchandise Volume [GMV] growth, while reinforcing itself as a valuable sales channel.

The Criteo Reseller Program offers online marketplaces an Application Programming Interface [API] that simplifies campaign management. The technology allows merchants to manage & adjust their own ad spends and Cost-Per-Click [CPC] prices to boost sales under the marketplace’s dynamic re-targeting campaign. As a result, online marketplaces do not need to manage ad spends and budgets on behalf of merchants. The marketplace manages the technical integration, with no further technical development required from merchants themselves.

Yahoo! Shopping Japan was an early adopter of the Criteo Reseller Program in early-2016. Within a relatively short period of time, more than 1,800 merchants on the online marketplace saw the value of using dynamic retargeting campaigns to drive traffic to their product pages, thereby increasing Yahoo!’s online marketplace sales by 69 percent.

Criteo Dynamic Retargeting uses machine learning technology to comprehensively understand shopper behavior across devices, browsers and apps. After accurately predicting an individual’s propensity to buy specific products, the technology customizes product recommendations and the ad’s visual design in real-time, driving engagement and compelling the individual to complete a purchase. Criteo’s direct relationships with thousands of premium publishers delivers scale and ensures the best dynamic ad placements across all online channels, so shoppers can be reached and engaged wherever they are online.

Patrick Wyatt, Senior Vice President, Product Management, Criteo, said

The Criteo Reseller Program paves the way for commerce businesses to define their own growth and future. The program was developed to enhance the power of Criteo Dynamic Retargeting for online marketplaces, merchants and affiliates. By staying ahead of emerging industry needs and offering industry-leading Criteo Dynamic Retargeting technology through this new program, we are committed to fulfilling our vision of building the highest-performing and open commerce marketing ecosystem.

At Criteo Exec Connect 2018, the company’s first-ever regional thought leadership and education summit for commerce businesses and digital marketers, the leadership team shared the company’s Commerce Marketing Ecosystem vision, Innovation Roadmap for APAC, as well as Commerce and Online Marketplace Outlook 2018. The Outlook provides valuable insights on voice shopping, data collaboration, connecting online and offline sales, and the impact of the upcoming General Data Protection Regulation [GDPR], among other trends that are expected to shape the industry in the year ahead.

The summit, hosted by Criteo in Da Nang, Vietnam, from 1 to 3 February 2018, was attended by 40 major APAC commerce players, including Lazada, Expedia, The ICONIC, Flipkart and Nykaa.

|In: IOT|Last Updated: | 0 Comments

In a move designed to promote the adoption of Internet of Things across sectors, leading IoT platform and solutions provider Aeris Communications has announced the launch of an exclusive solution developed for the social/not for profit sector.

The first of its kind IoT solution for the not for profit sector offers a range of benefits to stakeholders connected with NGOs and similar organizations. Among other benefits it helps promote efficiency, operational transparency and better engagement between all stakeholders at all times. It provides aid from a single source including disaster relief and reconstruction support to long-term development cooperation projects with local partner organizations.

The launch customer for this solution is Welthungerhilfe, one of Germany’s biggest private organizations for development and humanitarian aid, which is working on water conservation in India.

Dr. Rishi Bhatnagar, President, Aeris India, said

At Aeris, we have always worked towards broadening the spectrum of IoT adopters. IoT will be able live up to its potential only if it moves closer to mass adoption. Many social enterprises have already embraced technology to further their development agenda and with this solution, they will be able to use Internet of Things as well. This will not just help social enterprises but also the beneficiaries they work with.

The solution has been developed in association with Aeris’ solution partner Manacle. A variant of this solution is already powering enterprises ranging from large FMCG majors, logistics, telecom and manufacturing firms. With the availability of this solution, social enterprises will be able to leverage Internet of Things to achieve their goals around sales, order and cash management.

About Aeris

Aeris is a global technology partner with a proven history of helping companies unlock the value of IoT. For more than a decade, we’ve powered critical projects for some of the most demanding customers of IoT services. Aeris strives to fundamentally improve businesses by dramatically reducing costs, accelerating time-to-market, and enabling new revenue streams. Built from the ground up for IoT and road tested at scale, Aeris IoT Services are based on the broadest technology stack in the industry, spanning connectivity up to vertical solutions. As veterans of the industry, we know that implementing an IoT solution can be complex, and we pride ourselves on making it simpler. For more information, please visit Aeris

|In: Gaming|Last Updated: | 0 Comments

Many years back, we had only three major requirements – food, water and clean air but with the advent of mobile [smartphone], it has also been added to the must-have requirements. Many of us develop a feeling of anxiety when our mobile phone is not around. With changing times, our basic necessities have now moved beyond Roti, Kapda, and Makaan to Roti, Kapda, Makaan, and Mobile. The mobile revolution has impacted each and every sector in business, whether it is banking, shopping, social, food, etc. and it has a profound impact on our day to day lives. Gone are the days where you had to plan in advance to do grocery shopping or buying clothes/shoes/gifts, etc. since there are mobile apps that help you achieve the same.

Image Source – Poker

As per a report, mobile phone penetration is set to rise to 85~90% by 2020 and this growth has been fueled by the slew of affordable smartphones in the 8K~10K price range [Source]. Along with affordability of smartphones, increased internet penetration [even in rural areas] and push towards a Digital India are some of the other aspects that are driving the digital adoption in India. Gaming is one more industry that has also undergone a massive shift over a period of time. The mobile gaming was largely dominated by PC and console-based gaming in the 2000’s where several middle-income group Indians jumped on to the gaming bandwagon. Over a period of time, numbers of gamers in India are increasing multi-fold due to mobile penetration and improved internet connectivity. Mobile gaming has truly shaped how we engage with our smartphones today.

As per the Flurry Mobile Gaming Report, United States, India, China, Brazil, and Russia are the top five mobile gaming countries that drive 50% of all global gaming sessions [Source]. Since there are more than 350 million Indians in the youth population bracket, India becomes a very important market for the global gaming industry. Compared to other global markets, India has a very diverse consumption pattern and gaming behavior. The diversity exists across

Image Source – Game Diversity

The emergence of technologies like Augmented Reality [AR], Virtual Reality [VR], freemium game development, adoption of Platform As A Service [PASS] are some of the other factors fueling the growth of the overall gaming industry. In a nutshell, there are ample amount of opportunities for local players, well as global players like Zynga, Gameloft, etc. to make a dent in the evolving Indian gaming industry.

Card games have also moved beyond the physical tables and a lot of gaming companies in India are creating a niche by offering traditional games like Rummy and Teen Patti online that not only connects with the general audience but also bring a feeling of nostalgia in your minds. Games like Rummy and Poker are not only card games but you require a good amount of analytical & logical skills to play them. They are considered as mind games 🙂

More and more Indians are spending a considerable amount of time on smartphones & even hardcore gamers are shifting to the small screen for playing games. Though games like Poker are relatively new to the Indian audience, there is a growing interest and many Indian gamers [who are popular with card games] are willing to jump on to the Poker Bandwagon. When we talk about Poker, PokerStars [the flagship brand of The Stars Group Inc.] comes to our mind. On PokerStars, you will find more tournaments and games than any other poker site, with 24/7 support, secure deposits, fast cashouts and award-winning software. It is home to the best online poker events. PokerStars is the largest online poker site in the world controlling over two-thirds of the total online poker market [Source]. There has been lot of buzz about PokerStars entering India and that time might come soon

#PokerStars organized an event in Bengaluru where the main guest was Professional Poker Player – Aditya Agarwal. Aditya Agarwal is a member of Team PokerStars Pro and has cashed for more than four million dollars in the biggest PokerStars tournaments. He has been playing Poker since 2004 and now he has been tasked with the responsibility of promoting Poker in India. During the event, Aditya interacted with the bloggers and other members who were interested in Poker and shared details about his journey, love for Poker and why India is ready for a game like Poker. More details about Aditya Agarwal can be found here. Since card games like Rummy [and also Poker] are considered as games of skill, players can play and make real money during their tournaments.

Himanshu Sheth (L) with PokerStars Pro ‘Aditya Agarwal’

While discussing about the adoption of Poker in India, Aditya explained that he is bullish that the early adopters of the game would spread the word and bring more interested gamers to the platform. Though this would be a huge task, they already have a decent platform since ‘social gaming’ or online card games are gaining more popularity due to wider internet penetration and if professional Poker players like Aditya can help reduce the learning curve, the game would see faster adoption.

Just like Rummy, Teen Patti and other online card games are garnering wider acceptance and fanfare, we hope that #PokerStars is also accepted by the ever-expanding online gaming community. PokerStars is set to launch in India soon and we wish that they create a dent in the online social gaming market in India!

|In: e-commerce|Last Updated: | 0 Comments

FarEye, a digital logistics platform, has announced the successful introduction of its new parcel shop technology – ‘Drop&Pick‘.  Launched in January 2017 the technology is already being incorporated by various large businesses like DHL, DTDC, First Flight and many others to facilitate paperless, high speed and secure dispatch/delivery of parcels through its parcel shop network.

FarEye’s ‘Drop&Pick‘– aimed at major enterprises and logistics firms globally is built to fulfill the need for fast and convenient dispatch/delivery of parcels with minimal cost of infrastructure. Its successful roll out is now revolutionizing traditional dispatch/delivery processes into efficient and customer-centric approaches.

Drop&Pick follows a key three phased – book, manage and deliver process, which is based around a simple to use and intuitive mobile application. The app enables any parcel shop to quickly register a parcel, and the sender’s details [including capturing handwritten information], followed by scanning the shipment and adding recipient name, delivery details and parcel size.  It then calculates shipping fees which the sender can pay in multiple ways – prepaid, wallets, cash or card.

The parcel shop personnel can also book multiple parcels under one sender ID. In the back end – data entry processes convert images to actual data.  The parcel is then handed over to the courier and electronic proof of transfer is collected, who then delivers to the end customer and once again, receives electronic proof of delivery from the customer. This technology while enables quick and seamless dispatch and receiving of parcels – has two additional benefits

SME Ecosystem development – The technology is providing significant benefits for Small & Medium-sized Enterprises [SMEs] and Micro-SMEs who want to sell their products online but cannot build an in-house delivery infrastructure. Their hence need fast and convenient delivery services for their customers. The sellers may easily deposit their parcels at selected parcel shops or they can also raise a parcel booking request online [and prepay it]. It generates a ‘parcel label’ which then acts as a unique order ID.

Reduced carbon emissions – Door to door delivery can waste a lot of time and fuel in finding home addresses, while if parcel is dropped at a network shop, it saves resources. The customer can later collect the parcel at his or her convenience.

This technology is also targeted towards logistics businesses offering franchise models. While this model has been available since a long time to book parcels, the need now is to add a layer of visibility and efficiency to the processes to help businesses make real-time data backed decisions and in parallel empower the customers with easy deliveries, event alerts & notifications. The customer gets an option of getting parcel delivered to a nearby ‘parcel shop’, both -during the time of order placement as well as before the actual delivery.

Kushal Nahata, Co-Founder and CEO, FarEye said

The reaction to FarEye’s parcel shop technology – Drop&Pick has been exceptional. The product is built to enable fast & convenient delivery/dispatch of parcels which provides logistics companies innovative and value-added services, thus increasing their revenue streams while enhancing their customers’ experience.

There is a sharp increase in online transactions and both sellers & buyers require smart and efficient dispatch & delivery of goods as quickly as possible. The global e-commerce market is about 2 trillion USD and FarEye with its technology excellence is integrating into the systems of major logistics service providers, helping them capture this market. Our Mobile Application for Parcel Shop Delivery is a key aspect of the technology, which is being used by many of our clients including DHL. We expect to see the use of this technology across many key markets in 2018.

About FarEye

FarEye is a carrier agnostic SaaS platform that digitalizes logistics by integrating and optimizing business processes and adding a predictability layer to make them more efficient. FarEye has designed the world’s first BPM Engine for the modern-age logistics function, enabling companies to become agile and reduce their go-to-market time. The solution uses a blend of mobility and geo-intelligence to provide real-time multi-enterprise visibility of logistics function. For more information, please visit FarEye

|In: Guest Blogging|Last Updated: | 0 Comments

A country as diverse and culturally rich as India offers advantages that are hard to replicate anywhere in the world. The country that brims with diverse cultures and cost-effective innovative solutions is also balanced with being one of the most sought-after technology sourcing destinations, and a rising development hub. No wonder the world is taking notice, and the next few weeks will see the country host the Olympics of the global ICT Industry, called the World Congress on Information Technology [WCIT].

A quick primer on WCIT to set the context- The World Information Technology and Services Alliance, called WITSA, is a consortium of associations in the Information & Communication Technology [ICT] industry, coordinating with industry bodies like the National Association of Software and Services Companies [NASSCOM]. WITSA represents around 90% of the global ICT market, and has been organizing conferences ever since called the World Congress on Information Technology [WCIT]. WCIT has become the default event where the crème-de-la-crème of the industry gather and discuss current and emerging trends. With just two developing Latin American countries among key developed and technologically advanced countries hosting the event, a South East Asian country like India playing the next host is testament to the fact that we have truly put our stake in the ground as a global tech hub.

Suman Reddy, MD, Pegasystems India

However, having dwelt on how important India is in the technology world, making it an obvious choice to host an event like WCIT, one would wonder why Hyderabad, was chosen as the host city? Hyderabad has arrived at the right time, as businesses become more aware of adopting technology mandates to become more efficient, and gear themselves for a digital-first future. It has all the elements for technology enterprises of varying scale to set up operations: favorable policies for the IT sector, affordable real estate to scale operations, and sourcing premier talent from the region. Combine these factors with flattening growth in other cities, not being prone to climatic and political changes have only aided in accelerating its image. Growth has also multiplied due to concerted efforts by the government, industry bodies, and corporates. Hyderabad is fortunate to have had successive governments, including the current administration’s focus on making the city a top IT investment hub, through a range of measures.

WCIT needed a host city that could not only fulfill the criteria of running it smoothly, but also echo its vision and its legacy. The current government has surpassed everyone’s expectations. Case in point: The government has continued its push to become the top investment destination for the IT sector through a multi-pronged approach: Development of IT parks and clusters, Creating an ecosystem for developing quality talent, and Spreading growth to Tier II cities.

Also, another policy instituted that has set the precedent for favoring quicker turnaround time for investments is the Telangana State Industrial Project Approval and Self Certification System, also called TS-iPASS. The government has made itself accountable by giving deadlines to its auditing agencies to approve projects within 15-30 days, failing which the latter would be penalized.

These are just a handful of policies that have taken Telangana to the top, in the recent Ease of Doing Business rankings, along with consecutive double digit-growth in IT exports. Additionally, the government fostered a spirit of innovation and entrepreneurship, through the T-Hub, India’s largest incubator, and supporting policies. WCIT will be showcasing innovation with around 50 disruptive startups, which makes perfect sense in a rapidly maturing startup ecosystem here.

Hyderabad is also a melting pot of the past, the present and the future, something that resonates with how technology takes legacy and wraps new age tech around it. The vast heritage and legacy of the city is something that brings the culture of India to the fore, appealing to a global audience at WCIT. Delegates can treat themselves to other unique experiences, like a day at the world’s largest film studio called the Ramoji Film City or savour local food in the old city. Hyderabad is rising as a leading MICE [Meetings, Incentives, Conventions and Events] destination across the world, and it is no surprise that WCIT is taking place just a few months after the Global Entrepreneurship Summit.

References

  1. https://tech.economictimes.indiatimes.com/news/corporate/nasscoms-flagship-event-to-move-to-hyderabad-from-mumbai-after-19-years/60752219
  2. https://economictimes.indiatimes.com/tech/ites/why-india-is-seeing-a-fresh-wave-of-global-innovation-centres/articleshow/60238228.cms
  3. http://www.telangana.gov.in/PDFDocuments/Telangana_Innovation_Policy_2016.pdf
  4. http://indiatoday.intoday.in/education/story/world-congress-on-it-2018-india-to-be-the-host-for-the-first-time/1/414074.html

About the Author

Suman Reddy Eadunuri is the Managing Director, Pegasystems, India. Suman is credited with successfully setting-up Pega’s India operations in 2007, one of the country’s leading GICs. He built Pega India from ground-up that currently is at 1500 employees across Hyderabad and Bangalore, a third of the company’s total employee strength. As a key member of the of the global leadership team, Suman has played a key role in helping the organization grow from 126 million to 750 million over the last decade. He is an active member of several premier industry bodies, national forums and leadership clubs across India and beyond, like NASSCOM, CII, HYSEA, YPO and is currently a board member of TiE Hyderabad.

|In: Technology|Last Updated: | 0 Comments

HackerEarth has announced that Recruit, a technical assessment platform, is powering the adoption of skill based hiring among Indian enterprise. HackerEarth has acquired a significant share of enterprise customers over the past year across varied sectors.  In 2017, over 300 new clients adopted Recruit, including some new Indian enterprise customers such as Itron, Conduit, Intuit, and Dunnhumby, amongst others. Recruit enables these organizations to source top developer talent, technically assess developers through challenges, and conduct interviews.

Image Source – HackerEarth Recruit

HackerEarth Recruit allows companies to conduct tests to screen technical candidates. Using Recruit, one can automatically generate tests based on skills, remotely evaluates candidates and get a detailed and objective insight on technical skills of candidates.

A candidate assessed through Recruit is evaluated on parameters like logical correctness, memory efficiency of the code, compilation time of the code and code-size limit. HackerEarth Recruit is available for very small businesses for free where they have access to limited features and get 5 test invites. Midsize organisations can use Recruit for as little as $5000 a year.

Per global staffing solutions provider ManpowerGroup, 48 per cent of employers in India report difficulty in filling jobs due to talent shortage. In comparison, the global average is 40 percent. Companies cite lack of available applicants, lack of hard skills [technical competencies] and lack of experience as some of the factors for talent shortage. Hiring today is not limited to sourcing, interviewing and getting the position filled, but also about making the right match between the job description and a candidate’s competence. Despite a million people entering the job market every month in India, a significant percentage of employers in the country face talent shortage as compared to their global counterparts.

With Recruit, customers can leverage the following benefits:

  • Easily integrate with the recruiting workflow of the organization
  • Bias free skill evaluation
  • Improves the quality of candidates in hiring funnel by ensuring relevant shortlisting
  • Automates technical screening process
  • Gives objective and detailed insights to make the right screening decisions    
  • Helps even non-tech recruiter to independently screen candidates

In addition to new clients, more than 4,000 enterprises have signed up on Recruit. Firms embracing Recruit range from leading global players such as Amazon, Walmart Labs, Apple and Intuit, to startups such as Voonik, Zomato, Nagarro and MakeMyTrip. Large Indian enterprise buyers, those with 1,000+ employees, have rated Recruit as their top selection for technical assessment that they believe would be most effective in assessing candidates on their technical skills.

Sachin Gupta, CEO & Co-founder, HackerEarth, said

Traditionally, technical recruitment was associated with candidate’s aptitude only. But enterprises today are seeing value in skill based assessment for various reasons and using a platform like Recruit would help them reap better recruitment benefits. Adoption of skill based assessment platforms like Recruit is gaining momentum among Indian enterprises and in most cases implementing such a platform is a top HR / TA priority.

Vinay Varma, Sr. R&D Manager, Itron, said

We are extremely pleased with HackerEarth’s timely management of our contract and their excellent customer service. We are currently using Recruit to drive campus recruitments. We have been working with their team since August, signing an initial contract for 2000 test invites. We are satisfied with the initial run and hope to reach many more qualified candidates for our organization. The process of technical hiring is different from other functions and Recruit has made it easier for us to identify and assess the best talent from a large pool of candidates.

|In: Android|Last Updated: | 0 Comments

Dailyhunt, India’s #1, News and local language content application, today announced the launch of Newzly, a news-in-brief app for Android users. The app offers a summary of trending news articles across multiple genres such as regional, international, entertainment, business, sports and technology. The content is available in nine languages –  English, Hindi, Telugu, Tamil, Malayalam, Kannada, Marathi, Bengali and Gujarati.

Newzly presents a summary of stories in a simple minimalistic design, in the form of cards that can be swiped horizontally to seamlessly sift through subsequent news. The app allows users to read the full article by simply swiping vertically. With Newzly, consumers can also customize their feed basis topics of interest. Users can bookmark cards and share stories on social media including Facebook, LinkedIn and Twitter.

Key highlights of Newzly app are as follows –

  • The app offers a summary of trending news articles across multiple genres such as regional, international, entertainment, business, sports and technology.
  • The content is available in nine languages –  English, Hindi, Telugu, Tamil, Malayalam, Kannada, Marathi, Bengali and Gujarati.
  • Newzly presents a summary of stories in a simple minimalistic design, in the form of cards that can be swiped horizontally to seamlessly sift through subsequent news.
  • The app allows users to read the full article by simply swiping vertically. With Newzly, consumers can also customize their feed basis topics of interest. Users can bookmark cards and share stories on social media including Facebook, LinkedIn and Twitter.

Commenting on the launch of Newzly, Virendra Gupta, Founder & CEO, Dailyhunt, said

India has a large local language population with diverse needs and the launch of Newzly is part of our expansion of the product portfolio to serve those needs. Newzly app is designed to serve the needs of users who have less time on hand and wants to stay updated with the summary of major breaking & trending news. This app is currently available in 9 languages and we are likely to expand it into more languages in the coming months.

Newzly is a significant addition to Dailyhunt’s product portfolio, which also launched Dailyhunt Lite, its PWA in November last year and partnered with Vuclip and YuppTV to offer original videos and Live TV on its platform.

About Dailyhunt

Dailyhunt is India’s #1, News and local language content application with over 155 Million app installs offering 100,000 news articles in 14 languages licensed from over 800 publication partners every day. The Dailyhunt group has 50+ Million users spending over 6 Billion minutes on the service every month. It’s unique machine learning and deep learning technology enables smart curation of content and tracks user preferences to deliver real-time, personalized content and notifications.  Visit DailyHunt for more information.