India Is Catching Up Fast With The West In Information Technology Innovation - Japanese Media Report
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India was long seen as an outsourcing destination for companies in Europe and the United States. But the country is starting to transform itself. Its IT industry is blossoming into a global innovation hub. NHK WORLD's Neha Gupta has the details. An IT event was held in Bangalore in October. 120 companies took part-- all of them start-ups. Users of this application can chat with restaurants, make reservations, and place orders on the spot. A variety of items are displayed from several fashion websites. Users can pick things they like and see how they look when they are put together. One entrepreneur says he has been busy trying to boost growth through marketing and PR. His company has grown more than 20% in the past 3 months. India achieved rapid economic growth as an ideal outsourcing destination. But its IT industry is starting to prosper. Young people who studied computer programming at university have gained experience working for overseas firms, and they've returned to India, armed with their new skills. Mu Sigma, a company specializing in big data, employs 3,500 engineers. It has developed artificial intelligence that can support sales and purchases of stocks and foreign currencies. The program can analyze investment data in a split second and pick stocks to buy or sell. It allows diversified investment very quickly. Mu Sigma has also created a service that could revolutionize marketing. It uses cameras to capture customers' faces up close when they look at products. Software is used to analyze the images and measure changes in customers' body temperatures. An increase indicates the customer's interest. Such information is crucial when developing new products and planning advertising. The company's products are attracting the attention of businesses across the world. Visitors are eager to learn more about them. An official from a Japanese IT company was impressed by the development team and their freewheeling thinking. He said Indian technology is catching up with that of developed nations. Mu Sigma Chief Executive Officer Dhiraj C. Rajaram says Bangalore is the next Silicon Valley. He says the success of his company and others in the field are boosting the city's innovation level. With its creative, highly-skilled workers, it looks like India has a bright future ahead as a technology hub that can bring sweeping innovation to the world. Follow me at https://www.facebook.com/DLXAreaOne Follow me at https://twitter.com/DLXArea1 DLX Area 1 Click to Subscribe And Watch More Videos - http://goo.gl/bZDtb
Comments
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good...good..but india..please reduce your population. too much people live in india that spend tons of water and O2
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that is thai media .not Japanese media .
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wooop, its not Indian TV, its NHK. sorry for my error.
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0:01 finally, first the first time, I hear an Indian that can speak good English, congratulation !!!
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I am a Robotics and electronics Engineer . Its absolutely necessary for we Indians to look out for manufacturing indigineous semiconductor technology , Defence technology. This can only be done when India invests more on R&D,Practical Education and as well as sustainable energy development.It spends only $ 2bn in DRDO(defence R$D) while pouring close to $50bn in import of weapons.Having a indigeneous developed technology can take our economy from $2.3 trillion to $10trillion usd.
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Need an algorithm to POO IN THE LOO
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Pakistan is also in bottom headline any one noticed?? 😃😃😂
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Wrong Caption, I can see that it's Thai news
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India is a biggest software maker in the world so why we don't make our own facebook and other social site
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india is a failed state....too much of anything (population) has no value....this is the basics of economics
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gggggggggrrrrrrrrreeeeeeeeeeeaaaaaaaaaaaatttttttttt.........!!!!
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Great
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but these innovations are really great...
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Without semiconductor indrustry ,india is nothing .All those companies which modi has invited are not making semiconductor products under make in india campaign. Modi has taken bribe for advertisement on TV for false promotion of make in india.
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How does a Japanese report come live from Bangkok?
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its nothing like it!! they over rated it!!
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India reporter talking like a robot
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Why is the indian reporter talking like that...she must have been briefed by the bangkok media to pronounce every single word with extra stress !!! Khapunkhaaaap ;)
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UNTIL WE MANUFACTURE CHIPS AND DESIGN PROCESSORS THIS IS ONLY A FEEL GOOD CANDY . REAL TECH IS IN MATERIAL SCIENCE , CHIP DESIGN , MANUFACTURING , CHEMICAL ENGINEERING , ROBOTICS , INSTRUMENTATION ETC.
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Very nice innovation coming from startup companies in Bangalore..no doubt it will be technological hub of the world in future.
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