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Analytics and BI standardization waning A decade ago, the BI market was con- solidating as companies tried to stan- dardize on fewer BI products that could be deployed throughout the organiza- tion. However, the times are changing. Cloud and mobile innovation and big- data exploration favour experimenta- tion with a new generation of tools. The Analytics and BI deployment surveys of 2015 reveal that only 28% of respon- dent firms are standardizing, as com- pared to 35% in 2014. And 21% of the firms use many analytics and BI prod- ucts, up from 16% in 2014. Cloud-based data warehousing is on the rise Cloud-based data warehousing services show the biggest increase in adoption of any information-management category, jumping to 34% from just 24% in 2014. The poster child here is Amazon Redshift, the data warehousing service launched in 2013. Last year, Amazon Web Services CTO Werner Vogels described Redshift as the company's fast- est-growing web service ever. IBM responded in 2014 with Netezza- based DashDB. Next up will be HP, which announced plans to launch an online version of its Vertica database early this year. 3M ties up with Amazon 3M India Limited, the Indian subsidiary of Corporation and maker of over 8,000 products in industrial, health care, safety and graphics, consumer and energy among others, is testing waters in the e- commerce space. The company, which has launched a wide range of its consumer products on many e-commerce marketplaces, has en- tered into an exclusive arrangement with Amazon India to sell some of its products for B2B customers. According to 3M India managing director Amit Laroya, the exclusive deal with Amazon will allow cor- porate buyers, particularly SMEs, to search for and purchase raw materials straight from 3M.

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  • Analytics and BI standardization waning A decade ago, the BI market was con-solidating as companies tried to stan-dardize on fewer BI products that could be deployed throughout the organiza-tion. However, the times are changing. Cloud and mobile innovation and big-data exploration favour experimenta-tion with a new generation of tools. The Analytics and BI deployment surveys of 2015 reveal that only 28% of respon-dent firms are standardizing, as com-pared to 35% in 2014. And 21% of the firms use many analytics and BI prod-ucts, up from 16% in 2014.

    Cloud-based data warehousing is on the rise Cloud-based data warehousing services show the biggest increase in adoption of any information-management category, jumping to 34% from just 24% in 2014. The poster child here is Amazon Redshift, the data warehousing service launched in 2013. Last year, Amazon Web Services CTO Werner Vogels described Redshift as the company's fast-est-growing web service ever. IBM responded in 2014 with Netezza-based DashDB. Next up will be HP, which announced plans to launch an online version of its Vertica database early this year.

    3M ties up with Amazon 3M India Limited, the Indian subsidiary of Corporation and maker of

    over 8,000 products in industrial, health care, safety and graphics,

    consumer and energy among others, is testing waters in the e-

    commerce space. The company, which has launched a wide range of

    its consumer products on many e-commerce marketplaces, has en-

    tered into an exclusive arrangement with Amazon India to sell some

    of its products for B2B customers. According to 3M India managing

    director Amit Laroya, the exclusive deal with Amazon will allow cor-

    porate buyers, particularly SMEs, to search for and purchase raw

    materials straight from 3M.

  • Alibaba-Opensky deal

    C h i n a s e - c o m m e r c e p o w e r -house Alibaba has been clear about its am-bitions to grow its presence in the U.S. in part as a facilitator between Western companies and Chinese consumers by way of services like Alipay, and in part as a way to expand its own marketplace footprint. But it is also going through some growing pains as it figures out how to carve out a place for itself in the mature U.S. market. Alibaba is calling it a day on operating 11

    Main, its U.S.-based Amazon competitor, as a standalone operation.

    It has struck a deal with New York-based OpenSky,

    a social shopping marketplace, in which 11

    Mains operations will be folded into OpenSky,

    along with Auctiva, Vendio, and SingleFeed

    t h r e e o t h e r U . S . c o m p a n i e s t h a t

    Alibaba acquired between 2010 and 2011 that

    provide logistics and fulfillment services for 11

    Main. As a result of the transaction, Alibaba will

    become a 37 percent owner of OpenSky. The

    combined business will have inventory

    from 50,000 brands and millions of shoppers. The

    deal is set to be finalized at the end of July.

    RuPay credit cards to be launched next year

    RuPay, India's own card payment system floated by the National Payment Corporation of India (NPCI) would roll out RuPay Credit cards from next year. Issuance of the card is expected to give Visa and MasterCard a tough com-petition, since the debit card issued by RuPay by banks in India has revealed that there is a huge potential for cards penetration and transaction. About 13 per cent of the total transactions on ATM, Point of Sale and Ecommerce have come through the scheme within a year of introduction of RuPay cards and transac-tions through this scheme was growing one to two per cent month on month.

    Bandhans human teller machines to bring bank to doorstep Microfinance major Bandhan Financial Services will start its banking operations from August 23. Come August, you can deposit or withdraw money from your account while sitting at home, thanks to Bandhans human teller machines. The bank-to-be will use its time-tested hand-held point-of-sale de-vices for taking deposits from doorstep of its customers, who can also withdraw money from their ac-count. Microfinance major Bandhan Financial Services will start its banking operations from August 23. It is cur-rently using the hand-held devices for collecting credit instalments from microfinance customers. Band-han said transactions through this device would be cost-effective even in the metros as they would still be cheaper than ATMs. The bank will tap potential customers from the low-income group in the metros as well as urban areas.

  • A three word ad-dress for everyone

    How IKEA lowers shipping costs through design

    A few centimeters can make a truckload of differ-

    ence for IKEA. The Swedish furniture retailer,

    which has for years tweaked, or sometimes over-

    hauled, its products to cut costs, is sharpening its

    attention to detail and refining an already obses-

    sive focus on efficiency as it looks to drive revenue

    growth. Their Chief Executive Peter Agnefjll

    claims that they are trying to engineer costs out of

    their value chain that dont contribute anything.

    Airlines are trying to save time by speeding up a part of flying that creates delays even before the plane

    leaves the gate: the boarding process. Slow boarding creates delays, which means missed connections,

    unhappy customers and extra costs. Carriers such as Delta plan to preload carry-on bags above passen-

    gers' seats on some flights while Southwest wants to get families seated together more quickly.

    The service will be available only on flights that typically have a high number of vacationers. Presumably,

    business travelers know how to board a plane efficiently. The service will be the biggest help to passen-

    gers in the final boarding groups, the ones most likely to find the overhead bins full. Their bags will go in

    the cabin instead of being gate-checked as cargo. This has the potential to come across as a nice, high-

    end service but it remains to be seen if it will go mainstream because of the labour costs involved.

    Airlines try to save time with speedier boarding process

    Whats your address? For most reader, that is a pretty easy question to answer. You have a street name and a unique number. Throw in a postal code and maybe an apartment number, and you are good to go. For much of the worlds population, however, things arent so easy. Whether, because they live in rural villages or poorly planned, rapidly growing cities, many people in developing nations dont have a standard address. This creates a vari-ety of problems.

    Solving this addressing problem is the goal

    of what3words, a start-up firm profiled in a re-

    cent BBC article. Their plan is to match every three-

    meter-by-three-meter square on the globe with a

    three-word triplet. The argument is that it is easier

    to remember three words than, say, a set of ran-

    dom numbers. The goal then is to come up with

    words that are simple and unambiguous to use.

    Here is how their website explains the process.

    Each what3words language is powered by a word-

    list of 25,000 dictionary words. The wordlists go

    through multiple automated and human processes

    before being sorted by an algorithm that takes into

    account word length, distinctiveness, frequency,

    and ease of spelling and pronunciation.

  • Team Opsession Management Development Institute

    Reach out to us at http://opsession.wordpress.com/ https://twitter.com/MdiOpsession https://www.facebook.com/MdiOpsession

    Contact us at [email protected]

    Saumya Kumar 8373989057

    Contributions From:

    Harnoor Singh Lamba Wazeem Ashraf Anu Lundia

    Aditya Thangeda Saumya Kumar

    Special thanks to Jasdeep Singh Mehta