Monday, January 23, 2017
RS Components Sets Up New Electronic Center in Bangalore; To Focus on IoT, Medical Electronics & Aeronautics, Automotive
RS Components, the world’s largest distributor of electronics and maintenance products today announced the opening of their innovation hub, a new ‘Electronic Centre’ in Bangalore. The high service level supplier of electronic components and tools plans to invest close to $ 15 million over the next two to five years at the Bangalore centre.
The new 2000 Sq feet office in the heart of Bangalore has been set up to support electronic design engineers and manufacturers in the region. The compay also plans to set up a warehouse which will enable RS Components to undertake “next day delivery” to its customers.
The Bangalore Centre will have technical marketing and support teams, specialized sales force that will focus on specific industry verticals like IoT, Medical Electronics, Aeronautics, Automotive and RnD sector.
Speaking at the launch of the Electronic Centre, Keith Rice, Head of Emerging Markets, RS Components Worldwide said, “Our Electronic Centre at Bangalore is a great opportunity to bespeak RS’ strong value proposition in the light of our technical expertise and tailor made solutions that create a huge difference in the day-to-day life of a design engineer.”
Talking about the potential of the Indian market and RS India’s growth Keith Rice added, “RS envisages India as one of the most promising and high potential markets. The pace at which the RS India story is accelerating will soon turn out to be a significant advantage for them on a global landscape.”
Shiv Bhambri, CEO RS Components India, further added, “The Bangalore Electronic Centre is a reflection of the strong Indian ESDM market, as well as the continued growth of the Indian operations of RS Components, which has been a part of the electronics design and manufacturing story in India for the past 20 years.”
Explaining the reason for setting up such a large operation in the city Bhambri said, “Bangalore has emerged as a major global EDSM hub and recognised as the RnD capital of India. Most of the Global Industries and PSUs in strategic electronics have their manufacturing facilities and R&D centres in Karnataka. Therefore it was important for RS Components in India to further expand it’s Electronics focused set-up in Bangalore.”
On the role of the Bangalore office in supporting the local ESDM community, Bhambri said, “The Electronic Centre at Bangalore will be key to RS Components goal of providing technical training and assistance to Design engineers and students. The engagements with design engineers will influence and drive our electronics business which is targeted for high double digit growth in near future”
RS will offer value added services to the design community in and around Bangalore including: Organizing workshops on new technologies and solutions; Running training programs for EDE and Academia Holding engineer meet ups; New product launches in collaboration with suppliers, among others
The team at the Bangalore office will also be actively involved in building up the design engineering community through DesignSpark.com. DesignSpark provides its community of over five lakh engineers with free access to design tools like DesignSparkPCB, DesignSparkMechanical and DesignSparkElectrical.
RS In India
Elaborating on RS Components unique value proposition to Indian manufacturers Bhambri says, “The key to our strategy is that we are a high-service level distributor. No order is too small, as we believe in supporting every aspect of the business from concept to preproduction. He further says, “We offer our customers a choice over 500,000 products from 2500 leading brands along with technical datasheets to help them make an informed buying decision.”
With e-commerce at the heart of its business strategy, RS India has one of the most advanced transactional website offering benefits like parametric search and around 5000 new product introductions every month.
D&B India and Sodexo Celebrates Spirit of Excellence & Innovation at HR Best Practices and Awards 2017
The most crucial resource for any industry or economy is the human resource, and over the last decade, there has been a profound shift in the working of human resource development functions. Sharing of HR Best Practices has been identified as one of the most prominent areas, especially for developing countries for maximizing organisational and individual efficiency. Keeping this in mind, Dun n Bradstreet, the world’s leading provider of global business information, knowledge and insights, in association with Sodexo successfully organized “Dun n Bradstreet India- Sodexo HR Best Practices and Awards, 2017”. The occasion also marked the launch of the publication, ‘HR Best Practices 2017’.
The publication, ‘HR Best Practices 2017’, a joint initiative of Dun n Bradstreet and Sodexo India, captures and showcases some of the excellent and impactful human resource initiatives and programs adopted and implemented by organisations across India Inc. Organisations are often faced with a plethora of talent-related challenges ranging from engaging employees, optimizing performance, identifying and nurturing of future leaders, retention and many more. In the modern age, an organisation's ability to come up with and implement new-age and innovative human capital strategies can help it successfully deal with its talent-related issues. This publication represents interesting and effective human resource initiatives undertaken by Indian corporates pertaining to multiple aspects including recruitment, retention, talent acquisition, leadership & talent management, employee welfare, performance improvement and managing diversity among others. The publication profiles 171 case studies, from 77 organisations, grouped into 5 broad categories - Recruiting (Talent Acquisition, On-boarding) Living or Environment (Engagement, Industrial Relations) Growing (Performance Management, LnD) Rewarding and Caring (Incentives, Welfare, Workplace) and Others (Records management, HR Analytics)
Delivering the welcome address, Kaushal Sampat, President and Managing Director - India, Dun n Bradstreet said “Technological advances, paired with increased connectivity and interdependence across countries and geographies, are driving businesses out of their comfort zones rapidly and has deep implications on Human Resource. The new generations of young professionals entering the workforce are changing the shape of the workplace and work culture. Future workplaces will undoubtedly be more technologically driven and integrating talent across geographies will be an important part of an organisation’s culture.”
“Our survey findings reveal that more than 60% of the respondent companies have made use of programs to promote diversity at the workplace. These include professional development programs, mentoring programs focusing on diversity, employee networking programs and other internal communications focusing on diversity.”, he further added
Expressing his views at the event, Rajiv Warrier, Managing Director, Benefits and Rewards Services, Sodexo SVC India Pvt. Ltd. said “With an ever-changing people landscape of young India, it is important to adopt collaborative hiring and talent development practices which act as a win – win for both individuals and organisations. Our close association with the HR fraternity in India over the past two decades has helped us understand that it is time for India Inc. to look beyond the conventional HR approaches. This book captures some great insights on managing millennials as well as other industry-leading best-practices.”
With the objective of creating a knowledge sharing forum, the event witnessed an interactive panel discussion on ‘Human Resources Management in the Age of Millennials’. The essence of the panel discussion was to deliberate on how the role of the human resource function has undergone changes over time and its status in the current age of millennials.
Sujaya Banerjee, Chief Talent Officer and Sr. VP – HR, Essar Services India Private Limited said “The Millennials as an Age-Cohort have not been fully acknowledged in India Inc. as we mostly make the mistake of believing they are yet another group of young professionals, similar in aspirations like past generations. Their lens is different and so is their world view. We Mentored/Parented them so they are thankfully a 'differently similar' generation. Human Capital Management will need to integrate this world view to curate new solutions that meet the Millennials more than half way!”
Prashant Khullar, Vice President and CHRO (Designate), Mahindra Holidays and Resorts India Ltd. “Millennials are not a generation looking just for ‘entitlements’ or any special treatment. They’re looking for greater responsibility and challenges and are ready to work towards it. What they want is a workplace that helps them express themselves, build their strengths and help them adapt.”Also present at the launch were Prof. Y. K. Bhushan, Senior Advisor & Campus Head, IBS Business School, Mumbai, Rakesh Singh, Chief Executive Officer, Aditya Birla Finance Limited, . Sanjiv Anand, Chairman and Managing Partner, Cedar Management Consulting International, Unmesh Pawar, Global HR Managing Director, Accenture, . Amita Maheshwari, EVP and Head HR, Star TV India Pvt. Ltd., Tarun Ramrakhiani, Managing Director, Santa Fe Relocations, Rahul Taneja, Chief People Officer, Jet Airways (India) Limited and Karthik Krishnan, Chief Executive Officer, eCentric HR along with the leaders from the business and HR community.
India’s Largest Telecom Company to Deliver Enterprise-Wide Compliance Management Now Runs on Simpliance Platform
In a move set to revolutionize labour law compliance administration and management in India, about 40,000 pages of complex legalese content has been catalogued into a patent-pending ERP tool – Simpliance for free public access. Quess Corp, India’s leading integrated business services provider has bought a 45% stake in Bengaluru-based Simpliance. The SAAS-based, plug-and-play software will be deployed for labour compliance management across shops, establishments, factories and enterprises in the country.
Simpliance has also inked deals with large Indian Corporates for implementing enterprise-wide compliance across their pan-India branches. Simpliance is working towards a goal of 10,000 licenses that will bring in more companies in India under the compliance ambit by 2016-17. It is also set to expand into overseas markets including Sri Lanka, Malaysia and Singapore by 2016-18.
“Labour compliance industry in India is currently pegged at Rs 600 crores,” says Anil D’Souza, founder of Simpliance. “Labour law compliance in India is beset with complications unlike financial or other industry regulations, which already have players with designed systems for governance and course correction.”
“India’s growing number of SMEs is becoming increasingly vulnerable and finding compliance to labour laws is highly expensive. Adding to the complexity is compliance laws’ inherent inertia: it is neither replicable nor standardizable across industries. For the first time ever, Simpliance has automated labour compliance to help companies identify the regulatory requirements in an intuitive, user-friendly and hassle-free manner. We will slowly expand its scope to cover all regulatory compliances and standards in the coming years,” he adds.
Worldwide semiconductor revenue is forecast to total $364.1 billion in 2017, an increase of 7.2 percent from 2016, according to Gartner, Inc. This represents a complete turnaround for the semiconductor industry as the market experienced 1.5 percent growth in 2016.
"The worst is now over with a positive outlook emerging for 2017 driven by inventory replenishment and increasing average selling prices (ASPs) in select markets, particularly commodity memory and application-specific standard products,” said Ganesh Ramamoorthy, research vice president at Gartner. “The turnaround that started at the end of the second quarter of 2016 will continue to gain momentum and we expect the improved conditions to carry through 2017.”
Gartner has increased the outlook for 2017 by $14.1 billion in its most current forecast, of which the memory market accounts for nearly $10 billion. “Memory market supply and demand have turned positive for memory vendors who are pushing ASPs higher to recover margins. ASP increases for application-specific standard products (ASSP), discrete and analog chips and higher semiconductor content in key applications including the Internet of Things (IoT) were the other key drivers for revenue increases,” added Ramamoorthy.
Overall, the mixed growth seen in 2016 will turn into a broad and more consistent growth in 2017. Areas to watch for in 2017 are the industrial, automotive and storage markets, which are growing quickly but represent a smaller portion of the overall market. Additionally, the slow-growth outlook for traditional applications such as smartphones and PCs highlights the importance of semiconductor markets outside of these categories, notably the IoT.
"This implies that semiconductor product managers who have depended upon these categories must now continue to look for adjacent opportunities in new emerging applications in the IoT and in areas like industrial, storage and automotive markets," said Ramamoorthy.
Thursday, January 19, 2017
The Anita Borg Institute (ABI), a nonprofit organization focused on the advancement of women in technology, has announced that Dr. Telle Whitney will retire from the role of President and CEO at the end of 2017, after 15 years of service.
Dr. Whitney joined ABI in 2002 and over the course of her leadership has led ABI’s substantial growth in size and impact. This includes developing the Grace Hopper Celebration of Women in Computing into the most influential conference for women technologists. Under her leadership the conference has grown from 630 attendees in 2002 to 15,000 in 2016. In 2010, ABI launched the Grace Hopper Celebration India and has grown to over 2,900 attendees in 2016. She grew the organizations revenues from $1M annually to over $22M.
Working with staff, volunteers, and the ABI Board of Trustees to create and develop high impact programs that include Top Companies for Women Technologists, a national program that recognizes companies committed to building workplaces where women technologists can thrive, ABI.local, a program to build local communities of women technologists and their allies, and the endorsement and support of leading corporate partners across multiple industries.
Most importantly, Dr. Whitneyhas been committed to demonstrating the business value of diversity and the importance of engaging the full talent of the workforce to drive innovation.
"It has been an honor and privilege to lead ABI, and to work with our dynamic and passionate staff, our committed and influential Board of Trustees as well as our amazing community, all working towards women being at the table creating technology,” said Dr. Whitney. “2017 is the perfect time to welcome a next generation of leadership. I am confident that ABI’s vision of a future where the people who imagine and build technology mirror the people and societies that use it will guide the organization for many years to come. While the industry is certainly not where it needs to be in terms of inclusion, there is a groundswell of support from advocates committed to equal representation of women technologists.”
“On behalf of ABI’s Board of Trustees, I want to thank Telle for her outstanding work, dedication and leadership,” said Francine Berman, ABI Board Chair. “Telle’s passion for women technologists and for achieving balance and diversity in tech has had impact at all levels and has helped both individuals and organizations achieve their potential. She has driven significant growth and success for ABI and the Board is tremendously appreciative of her leadership and commitment.”
Dr. Whitney will work with the Board through the transition and remain as CEO until a successor is found in 2017.
National Retail Federation (NRF) Convention and Expo – Cisco – Analysts are hailing 2016 as the best year for holiday sales growth since 2005. However, this growth is not coming from the traditional brick and mortar channel. Instead, Internet shoppers saved the holiday season by setting new records for online sales during Black Friday, Cyber Monday and Bounce back Tuesday. This has huge implications for the industry and for retailers’ 2017 technology plans.
The multi-channel shopper is fueling a wave of digital disruption that threatens to put nearly half of retailer leaders out of business if they don’t transform themselves digitally. A new research report released today by Cisco, “Reinventing Retail: Cisco Reveals How Stores Can Surge Ahead on the Digital Transformation Journey” reveals that despite the risks, retailers around the world are moving too slowly when it comes to digital transformation and may not be investing in the right places. The holiday season’s choppy sales report and the recent closing of big box stores is just the beginning.
In an effort to help retailers achieve digital transformation, Cisco previously released a "A Roadmap to Digital Value in the Retail Industry,” which guides retailers through three phases: (1) Enable digital capabilities, (2) Differentiate their brand through new digital capabilities, and (3) Define new business models through digital disruption.
To understand the progress retailers have made on that roadmap and in executing on their own digital transformation journeys, Cisco has spent the past 10 months facilitating in-depth workshops with more than 200 retail executives from North and South America and regions of Europe, representing brick-and-mortar retailers, e-commerce, apparel manufacturers, food service and other segments of retail. The new report reveals where they are on their journey to digital transformation, where they are currently prioritizing their digital technology investments and what they may not know about the flaws in their digitization strategies.
Retailers are stuck in the early phase of the digital roadmap. Retailers’ digital investment priorities remain concentrated in the earliest, “Enable” phase of the roadmap (49 percent), which is focused on more mature IT technologies that enable existing capabilities and processes, IT agility and operational efficiency.
Retailers are missing a $187 billion opportunity by not prioritizing investments in Employee Productivity. These technologies and use cases deliver the greatest value from digitization by increasing associate efficiency, optimizing the checkout and improving worker collaboration. Prioritizing investments in these areas not only improves operational productivity and associate effectiveness, but also contribute to improved shopper experiences and increased loyalty. Just 6 percent of retailers’ investment priorities are focused on Employee Productivity use cases, despite the fact that Cisco estimates that these use cases deliver the greatest return on investment for retailers.
Retailers are not investing enough in the areas that create competitive differentiation and new revenue streams. Only 29 percent of retailers’ investment priorities are currently focused on the “Differentiate” phase and only 22 percent in the “Define” phase, the second and third phases of the roadmap, respectively. These are the more advanced phases of the roadmap, where retailers can differentiate their brand based on unique digital capabilities and services, or define new business models and revenue streams through digital disruption. These findings indicate that most retailers have not made enough progress when it comes to digital transformation and may be at risk of being out-performed by faster moving, more innovative retail ventures.
Retailers are investing too much in customer experience. In contrast, retailers are prioritizing the majority of their digital technology investments in Customer Experience use cases (37 percent) that aim to improve personal engagement with consumers. While these use cases can deliver an estimated $91 billion in opportunity, overemphasizing their digital investments in Customer Experience use cases may limit retailers from getting the operational value they could from digital transformation of their business functions and workforce.
Some sub-segments of the retail industry are making more progress on their path to digital transformation than others. New York-based apparel manufacturers and garment industry retailers have placed 58 percent of their digital investment priorities within the Differentiate and Define phases of the roadmap, compared with just 39 percent from the brick-and-mortar retailers, department stores and food service retailers that Cisco spoke with in the southern region of the U.S.
Retailers in South America are prioritizing more of their technology investments in the earliest, Enable phase of the roadmap (67 percent) compared with their counterparts in North America (51 percent), indicating that South American retailers have not made as much progress in transforming themselves digitally. This may be due to economic conditions in South America causing retailers there to invest first in digitization of facilities, energy and other operational functions that help lower costs and free up capital.
“The shakeup caused by digital disruption is already underway with many major retailers announcing the closure of hundreds of their brick and mortar stores in recent months, in order to better compete in a landscape where physical and digital channels are increasingly converging,” said Kathryn Howe, director, U.S. Commercial Digital Transformation, Retail and Hospitality Industries, Cisco. “Yet, there remains a tremendous opportunity, with the potential for retailers to generate more than $506 billion in value that can be achieved through digital transformation. Retailers need to make more progress in digitizing their workforce and their core operations in order to execute on the innovative customer experiences they want to deliver, and to position themselves for success in the new retail landscape.”
Qlik, a leader in visual analytics, today announced that Rentokil Initial, one of the largest business services companies in the world, is using the Qlik Sense analytics platform to gain better insights from its product and global company operations data. Rentokil’s partnership with Qlik supports its wider global deployment of new innovative digital pest control products and next-generation services.
Qlik joins Google and PA Consulting Group to execute Rentokil’s mission to deliver its customers predictive advice and connected solutions. The cloud-based Qlik Sense platform will be used to provide visualizations of data from Rentokil’s Internet of Things (IoT) product roll out, which leverages connected digital devices to deliver new levels of proactive risk management against the threat of pest infestation – for instance, mapping weather patterns with rodent behavior or tracking swarms of insects as they cross territories.
So far, Rentokil has extended its range of connected rodent control products to over 20,000 digital devices, running in 12 countries globally and generating more than three million pieces of data. These IoT units can automatically alert technicians when a rodent is caught, while customers are kept informed through the myRentokil online portal.
Rentokil Initial’s Paul Donegan, IT Director comments: “Qlik’s platform will enable Rentokil to gain a new depth of insight from its data and, crucially, empower our front line staff with the latest information and real-time trends, improving productivity. This level of data visualization will be crucial as the company continues to digitize and extend its IoT services, heralding the future of pest control management.”