We write our hearts and brains out!

Showing posts with label BUSINESS. Show all posts
Showing posts with label BUSINESS. Show all posts

Sunday, 18 December 2016

Why Indians shouldn't be against foreign companies

Since the inception of startup league, many tech giants have grown multiple folds. This emerging culture and growth did not stop in spite of tough fight from foreign firms. Flourishing the country with varied entrepreneurs in product and service based industries, giants like Flipkart, Ola, Housing, Grophers and Swiggy are struggling hard to compete with their foreign competitors. All of us are under the impression that Uber should be banned from India to help domestic industries grow like China. But we are not close to reality if we are thinking in that way and also not fair.


                                                         Over a couple of months, Twitter was fanned by the debate of nationalism. Yes! you might be wondering how this is related at all. According to the source, people are against Uber and Amazon as they are foreign companies with big fat wallets and they should be banned to help domestic companies. But people are missing the most important fact here. Ola and Flipkart have got so much investment from foreign investors that major chunk of its share belongs to non-Indians. To add to this, The CEO of a company is an employee. He can be fired any moment like Rahul Yadav of Housing.com. By that logic, Innovation should be given priority rather than nationalism. 
                     Recently, Travis Kalanick (CEO of Uber) took jibe at Ola's Bhavish Aggarwal remark that the Indian government should favor local companies. 
Share:

Tuesday, 6 December 2016

Say hi to deep learning technology which eliminates long queues in supermarkets

Are you among the people who gets frustrated while standing in a long billing queue? Its always been a big challenge to the world to avoid the queues in the supermarkets. In spite of being in the online retailing space, Amazon introduced a grocery store called "Amazon Go" in Seattle.
                                              Amazon go uses "RDIF" technology to detect when a shopper takes an item from the shelf.The system senses it is going away from the shelf and adds the billing to the Amazon go app. It's came to our notice that they are also using shopper's past history of purchase to predict the choice of products they are gonna guy.It's also using a fusion sensor, which brig together data from different sensors to increase reliability and accuracy of the results. 


The concept is simple you just have to check in to the store with amazon app and that's it, you are free to grab any items in the store and walk out.For now, only Amazon employees can shop in the 1,800-square-foot store, which is on the ground floor of one of the company’s new office towers in downtown Seattle. The company said that it planned to open the store to the public early next year and that it would offer chef-made meal kits with ingredients for quickly preparing dinners at home.
                         

                                  





Share:

Sunday, 13 November 2016

Trump cleverly tricked America with his business instincts

Donald J. Trump won the election and people are on streets with immense rage chanting "Not my president“. Racism is flourished all over the country affecting innocent citizens. Muslims are stereotypically judged and alienated. Sexism is no new to Trump and he doesn’t leave any room for his indecency. His victory is no more a glory and fair win after discovering some mind-boggling facts. Don’t you think his election campaigns were always strategic by provoking us by using abusive lingo? Why Trump won in spite of getting heavy criticism from all the people?






A recent analysis posted on Reddit shows brilliant insights where % GDP and % Population of the states were compared and sorted with voters.14 out of 19 states which had high GDP-Population % ratio ,good infrastructure, and jobs voted for Hillary. States like New York, California, Massachusetts and New Jersey had huge supporters for Hillary. But the catch here is 26 out of 31 states like Iowa , Louisiana and Nevada with low GDP-Population % desired Trump to be their leader, Reason- promises of jobs ,deep provoking and patriarchy, In fact these 31 states GDP-Population % contributions were negative. 


Trump’s business etiquette convinced most of the country to vote him. Simpsons predicted this way back in 2000. Isn’t the facts wacky? 

Let us know about your views by commenting below. 
Share:

Main Menu Bar

Powered by Blogger.

Featured post

Say hi to deep learning technology which eliminates long queues in supermarkets

Are you among the people who gets frustrated while standing in a long billing queue? Its always been a big challenge to the world to avoi...