Did Fortnite just kill the App Store as we know it?

Epic Games’ Fortnite offered a direct in-app payment system bypassing apple’s (with 30% cut) & google’s; violating their rules and got itself removed. Fortnite has now charged them for being anti-competitive, claiming that app stores are monopolies. The gaming giant’s move is ‘revolutionary’ because it may disrupt the app-store business of Google and Apple. •… Continue reading Did Fortnite just kill the App Store as we know it?

Digital around the world in 2020

The average internet user now spends 6 hours and 43 minutes online each day. That’s 3 minutes less than this time last year, but still equates to more than 100 days of connected time per internet user, per year.

5G patents

• Huawei has the largest declared 5G portfolio, followed by Samsung and ZTE • Qualcomm and Intel are the largest US companies holding declared 5G patent families • Sharp and NTT DOCOMO are the largest Japanese 5G declaring companies • When counting granted 5G patents, Samsung owns the largest 5G portfolio, followed by Nokia and… Continue reading 5G patents

Robotics-as-a-service

What is RaaS (Robotics-as-a-service)?Performing tasks by robots/ embedded electronics/ IoT, connected via cloud; benefited by tech like Data Analytics, ML, etc. Why RaaS?Robots made an impact in the automotive and manufacturing sectors, but RaaS can enable IoT and robotic automation for SMEs at a lower cost. Platform Examples:– Google Cloud Robotics Platform– AWS Robomaker by… Continue reading Robotics-as-a-service

Evolution of Digital Payments

• 1994: First online purchase.• 1997: First mobile payments and first contactless payments.• 1999: Paypal launches electronic money transfer service.• 2003: Alibaba launches Alipay in China.• 2007: M-PESA created the first payments system for mobile phones.• 2009: Bitcoin enabled secure and untraceable payments.• 2013: WeChat Pay introduced, which by 2018 surpassed 800 million monthly active… Continue reading Evolution of Digital Payments

5 years of Digital India

• The world’s largest digital literacy program, PMG Disha, has already trained around 3 crore candidates. • JAM (JanDhan, Aadhaar and Mobile) trinity facilitated the direct benefit transfers worth more than ₹11 lakh crores, directly into the bank account of beneficiaries. • MyGov, with 1crore+ users ensured active participation of people. • Formulation of 796… Continue reading 5 years of Digital India

Instagram Reels in India

• Instagram Reels is currently being tested in India that lets users record 15-second videos with music and audio clips. • Facebook had recently shut down its TikTok clone app Lasso and was concentrating on ‘Reels’. • Facebook recently partnered with Indian music label Saregama to give access to music library for Instagram music. Source:… Continue reading Instagram Reels in India

Contribution of Smartphones to Digital Governance in India

Key highlights of Contribution of Smartphones to Digital Governance in India by ICEA and KPMG (July 2020): • India is expected to get 829 million smartphone users by 2022. • India is the fastest growing app market in the world; the top country in terms of app downloads as of 2019. • Data usage has… Continue reading Contribution of Smartphones to Digital Governance in India

Middle East FinTech Study

Key highlights of ‘Middle East FinTech Study’ by Deloitte: • The average usage of P2P money transfer solutions among banking customers in the Middle East is 42% • 22% of customers use FinTech solutions/features with money transfers the most popular one • Qataris with a medium-range income constitute the core market of consumers • Peer-to-peer… Continue reading Middle East FinTech Study

Reliance India’s 2020 AGM

Key announcements at Reliance India’s 2020 AGM include: • Jio5G: India’s first 5G network• Google’s investment for 7.7% stake in Jio• Google-Jio to develop an Android-based platform for an affordable 5G phone• JioMeet to expand into edutech and healthtech• Expansion of JioMart with WhatsApp as a platform• JioGlass: Affordable MR headset for commercial applications Source:… Continue reading Reliance India’s 2020 AGM

Percentage of countries in each region offering online services (2020)

• Asia: 90% of countries offer business registration and business license application services online.  • Oceania: The most commonly offered online service is applying for government vacancies (86%) and the least prevalent is registering a motor vehicle (14%). • Americas: The most popular online services (up to 94% countries) include registering a business, paying for… Continue reading Percentage of countries in each region offering online services (2020)

Key highlights of the report on ‘How India Shops Online’

• A visitor spends less than 9 minutes per visit on an e-retail platform. • 1 in 2 visitors browse the image gallery and only 1 in 15 click the detailed product description. • Google India saw 270% year on year growth in voice search. • 500M Indian language internet users expected by 2021 (vs.… Continue reading Key highlights of the report on ‘How India Shops Online’