iWorld

'New oil' provider Jio open to partnerships

MUMBAI: Reliance Jio, which has crossed 100-million customer milestone after its launch in September 2016, has an open mind for partnerships at this stage. Jio hopes to put India among the top 10 countries in terms of broadband access, from the 155th position in 2015.

Reliance Industries chairman Mukesh Ambani, speaking at the Nasscom leadership forum in Mumbai, is betting big on data-driven telecom, emphasising that data was the “new oil”. Crediting the success of Jio to the Aadhaar-based verification, Ambani, who spent over Rs 1.2 trillion on Jio, said that the foundation of the fourth industrial revolution was connectivity and data, which was the new natural resource.

Predicting that India would be a key player in this revolution, PTI reported Ambani as stating that India's large talent base would have had a competitive advantage.

The salient feature of this revolution is “convergence of the physical biological and digital sciences”, and “we are on the threshold of an exponential change,” he said. India’s 1.3 billion propulation, Ambani said, lends it a huge advantage and the data thus generated could be converted into intelligence.

Ambani recommended looking at the larger picture of helping millions to resolve their problems with the adoption of digital technologies. Digitalisation would continue to face challenges in terms of security, privacy and data theft, but that they could find solutions to problems.

Ambani advised adopting of next generation technologies. India would have to become the capital of real implementation of blockchain, he said, adding that they had the opportunity to adopt artificial intelligence and natural language processing, adopt drones in India's own logistics as India could become one of the largest software markets.

Ambani advised the industry to focus on the home market while describing the protectionist statements of the new US president Donald Trump as “a blessing in disguise” for the Indian IT sector. The US$ 155-billion Indian IT industry earns over 65 per cent of its revenues from the US.

The IT industry meantime awaits clarity on Trump's plans to double the salary for H1-B visa-holders and significantly curb visa issuance to techies.

Also Read :

http://www.indiantelevision.com/iworld/telecom/jio-may-use-us44bn-to-lay...

http://www.indiantelevision.com/iworld/telecom/jio-becomes-top-isp-wirel...

http://www.indiantelevision.com/iworld/telecom/q3-17-jio-affects-airtel-...

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/07/ebay.jpg?itok=YjfoCmlE
eBay signs MoU with Uttar Pradesh govt for ‘One District One Product’ program

NEW DELHI:  eBay today signed an MoU with the government of Uttar Pradesh for its ‘One District One Product’ program. The MoU will enable MSMEs in Uttar Pradesh to leverage eBay’s cross border platform and sell internationally across 190 countries. As part of the MoU, eBay will not only promote...

iWorld e-commerce
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/07/netflix.jpg?itok=2t4qVCVP
Netflix goes more local, launches Hindi UI

KOLKATA: Netflix, the world’s leading streaming entertainment service, today launched its user interface in Hindi. This enables Netflix members who prefer Hindi to easily discover, access and enjoy their favourite Indian and international films and series. The complete Netflix experience in Hindi,...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/07/idna.jpg?itok=JG608oDA
India Today suspends print publication Mail Today; turns digital

NEW DELHI: Most newspapers in India are facing an uphill task to maintain their readership amidst the pandemic. India Today too faced the burn. The group announced that its English language tabloid Mail Today will suspend its print publication with effect from 10 August 2020. The reason stated is...

iWorld eNews
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/07/twitter.jpg?itok=1JWzAxWC
Twitter announces new labels for government, state-affiliated media accounts

NEW DELHI: Twitter has announced that the micro-blogging site has started labelling accounts of government officials and state-affiliated media. The blog read that it will focus on labelling ‘Senior officials and entities who are the official voice of the state abroad.’ For the time being, this...

iWorld Social Media
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/07/tiktok.jpg?itok=w0WziBbx
US imposes ban on TikTok and WeChat

NEW DELHI: US President Donald Trump has announced that social media apps TikTok and WeChat are barred from operating in the US starting 20 September if they are not sold by their Chinese-owned parent companies. The video-sharing app TikTok has come under the lens of US lawmakers over national...

iWorld Social Media
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/07/tv.jpg?itok=T68SdaRf
Are OTT players finding a sweet spot for pricing?

A recent report from Kantar spoke about the massive surge in SVoD growth in urban India. Hence, it is clear that Indians have started loosening the purse strings for premium online content.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/06/byju.jpg?itok=a5nVrI7d
BYJU’S acquires ed-tech start-up WhiteHat Jr

KOLKATA: BYJU’S, the leading ed-tech company, has announced that it has acquired Mumbai based ed-tech start-up, WhiteHat Jr.

iWorld eNews
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/06/mix.jpg?itok=YWv_KBwz
Discovery Plus celebrates 15 Aug with new episodes of 'Tales of Valour'

Discovery Plus has strengthened its offering in the armed forces-led content by dropping new episodes of Tales of Valour in the month of August.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/08/06/2.jpg?itok=YSK_Kxer
Airtel-AWS partner to offer cloud services to M&E firms

It’s hoping to take Indian companies further into the cloud. Telco Bharati Airtel has signed a multi-year, strategic collaborateon agreement with Amazon Web Services (AWS.) to deliver a comprehensive set of innovative cloud solutions to large enterprise and small and medium enterprise (SME)...

iWorld Telecom

Sign up for our Newsletter

subscribe for latest stories

* indicates required