Tag: boost

14
Oct
2020
Posted in technology

Flipkart Banking On Fintech To Boost The Big Billion Days Sale

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Flipkart has announced partnerships with several banking, insurance and financial service entities, ahead of The Big Billion Days, to make shopping on the platform more affordable than before.

Through these partnerships, the company is offering affordable credit options through seventeen leading banks, NBFCs (non-banking financial companies) and fintech players on the platform, which will drive credit accessibility for over 70 million customers.

Flipkart has partnered with State Bank of India (SBI) and SBI Card to provide a 10 per cent discount to their debit and credit cards holders.

“At Flipkart, customer-centricity is at the heart of all our endeavors, as we create increased shared value for all our stakeholders and partners in the ecosystem. By facilitating credit and insurance access, and simplifying payments for over 250 million customers across the country, we are reinforcing our commitment to helping fulfill their aspirations without the burden of financial constraints. Through these partnerships and their expansion, we hope to take the promise of The Big Billion Days to more customers to enable meaningful growth,” said Flipkart head of fintech and payments group Ranjith Boyanapalli, in a promising tone.

With the launch of Kotak Mahindra Bank and Federal Bank Debit Card EMI payment option, customers can now avail pre-approved credit from seven leading banking and fintech giants.

“We are delighted to associate with Flipkart as an exclusive credit card partner for the flagship The Big Billion Days shopping festival. We have had a long association with Flipkart and this is another collaboration which will bring our customers the best from both partners. SBI Card customers can

13
Oct
2020
Posted in technology

Deep Learning Market | Growing Application of Deep Learning to Boost the Market Growth

The deep learning market size is poised to grow by USD 7.2 billion during 2020-2024, progressing at a CAGR of almost 45% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013006083/en/

Technavio has announced its latest market research report titled Global Deep Learning Market 2020-2024 (Graphic: Business Wire)

Deep learning is popularly used in machine learning, which involves the use of artificial neural networks with several degrees of layers. Moreover, each of these layers has a certain degree of functionality and is mainly used for representing vast amounts of data to ease the process of decision making. Furthermore, the application of deep learning-powered applications widens as massive volumes of digital data are produced at an unprecedented rate across industries. Additionally, the increase in funding in the field of deep learning has encouraged several start-ups to apply this technology across a wide range of industry verticals. For instance, fraud detection, visual recognition, logistics, insurance, and agriculture are some of the application areas of deep learning. Therefore, the increasing number of startups, coupled with the widening application of deep learning, will drive the growth of the global deep learning market during the forecast period.

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Report Highlights:

  • The major deep learning market growth came from the software segment. Various industries highly prefer the deep learning software as it helps in designing, training, and validating

13
Oct
2020
Posted in technology

Australia’s telco and energy sectors agree to boost infrastructure resiliency

Communications Alliance and Energy Networks Australia (ENA) have signed a memorandum of understanding (MoU) to improve the way the two sectors collaborate and share knowledge when responding to emergency situations.

Under the MoU, the pair have agreed to improve the safety of communities by mitigating risks caused by telecommunications or power outages during emergencies, as well as the sustainability of telecommunications and power supply services to communities affected by emergencies to support their recovery.

The MoU also sets out that the two sectors will collaborate and coordinate on preparing telecommunications and electricity networks and infrastructure for responding to emergencies at local, regional, and state level.

A report prepared by the Australian Communications and Media Authority (ACMA) in May found that during the peak period of the Black Summer bushfires, most telecommunication outages were due to power failures rather than direct fire damage to communication assets.

The report found that during the period from 19 December 2019 to 31 January 2020, only 3% of tower outages were due to fire damage, and of the 1,390 total facilities that were impacted by the fires outages, only 1% of incidents were a direct result of fire damage.

See also: Twitter bots and trolls promote conspiracy theories about Australian bushfires  

Similar findings were disclosed by the company responsible for deploying the National Broadband Network (NBN) across Australia. In June, NBN revealed in response to Senate Estimates Question on Notice that bushfires impacted 1% of all NBN services.

“12% (or 6,367 services) of all services impacted were directly impacted by fire over the duration of the bushfires,” the company said at the time.

“The remaining services were impacted by power outages as a result of the bushfires.”

The federal government has previously announced it would spend AU$37.1 million to improve the resiliency of the nation’s

13
Oct
2020
Posted in technology

Smart City Market | Decrease in Prices of Connected Devices to Boost the Market Growth

The smart city market size is poised to grow by USD 2118.14 billion during 2020-2024, progressing at a CAGR of almost 23% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005915/en/

Technavio has announced its latest market research report titled Global Smart City Market 2020-2024 (Graphic: Business Wire)

IoT systems have revolutionized the connected network ecosystem over the last few years. Smart city infrastructure is based on an efficient and connected network system. The reduction in costs of IoT sensors and associated systems, and in the cost of broadband services has led to the implementation of smart cities across the world. Furthermore, the decline in hardware costs, installation costs, and tariff rates of network operators have triggered a surge in M2M security systems adoption in applications such as smart homes, connected cars, connected health, and precision agriculture. As the prices for connected devices continue to decrease in the coming years, the smart city market will witness significant growth.

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Report Highlights:

  • The major smart city market growth came from the smart governance and education segment. Smart governance and education consist of technologies that enhance the administration of education through various tools such as online tutoring, e-learning, and data management systems. These technologies help convert the traditional educational systems based on books and classroom training into an automated viral learning environment using laptops

13
Oct
2020
Posted in technology

Greenhouse Horticulture Market | Improved CO2 Extraction Technologies to Boost the Market Growth

The greenhouse horticulture market size is poised to grow by USD 8.81 billion during 2020-2024, progressing at a CAGR of almost 6% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005873/en/

Technavio has announced its latest market research report titled Global Greenhouse Horticulture Market 2020-2024 (Graphic: Business Wire)

Plants need CO2 to produce glucose during the process of photosynthesis. Greenhouses require additional CO2 to be given to the plants for increasing the yield, even with proper ventilation. CO2 can be extracted from the air using different techniques. Earlier techniques for achieving optimum levels of CO2 included capturing CO2 using biomass or geological engineering. A recent technique called direct air capture captures CO2 directly from the atmosphere. The companies are coming up with advanced technology to extract CO2. Therefore, improvements in CO2 extraction technologies for greenhouses will influence the growth of the greenhouse horticulture market during the forecast period.

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Report Highlights:

  • The major greenhouse horticulture market growth came from the plastic segment. Plastic greenhouses are generally made from polycarbonate, acrylic, polyethylene, or fiberglass. Polycarbonates and acrylics are plastic materials having high impact strength and protect crops from snow as well as hail without breaking. Polyethylene transmits lesser light than glass and is resistant to the impact of hail. Moreover, the adoption of plastic greenhouses is increasing due to lower initial investment costs