Tuesday, November 19, 2024

Bridging the Gap: Why Hybrid Cloud Is Essential for Digital Transformation

Before we identify why a hybrid cloud is most effective in powering digital transformation, we need to know what this cloud model exactly is. 

The hybrid cloud environment is mixed where multiple applications can be powered by using both public and private clouds.

Solutions for hybrid clouds allow organizations to transfer workloads from one cloud ecosystem to another very different one. After that, they also enable organizations to come up with frameworks that are more flexible depending on the requirements of their businesses. 

That is the reason more organizations are now beginning to take up hybrid cloud platforms. They help them mitigate risks, cut down costs, and improve considerably their existing capacities, helping these organizations to step up their digital transformation drives. Enterprises, therefore, have realized the futility of depending totally on a solitary public cloud. 

With the increasing number of entities embracing digital transformation efforts, they are in a position to achieve their primary business objective of freeing data from data platforms that are restricting them from offering their customers better digital experiences. This also helps them access data better and allows them to make decisions more freely.

Furthermore, as organizations need to migrate data and applications gradually and thoroughly, they have to migrate from one cloud to another, thus leading to hybrid cloud deployments.  

In addition, hybrid cloud environments offer organizations better models to hasten digital transformation. They also allow organizations to continue making use of services on-premises and to leverage flexible alternatives to gather data and access applications that the public cloud providers offer.

Companies, these days, are gathering a lot of information about consumer behavior using online marketing tools, social media, and digital modes that help them gather significant inputs about the habits, activities, and requirements of their buyers. 

Such insights can be gathered only if the data is incorporated, assessed, and ingrained into their business activities to improve customer experiences. 

Before the onset of technology, vendors did not interact much with consumers. But, now, the power is in the hands of customers who decide the content and media they want to engage with. 

This has made marketers provide their customers with content that is personalized and appropriate. This content will have to contain relevant information about the products/services that these companies offer, including the value add they provide.     


Monday, November 18, 2024

Despite the Hydra Project in Hyderabad, buying real estate is still a wise investment

After the project of HYDRA (Hyderabad Disaster Response and Asset Monitoring and Protection Agency) was launched by the Telangana Chief Minister Revanth Reddy in July 2024, a few uninformed people resorted to riot-mongering, stating that the real-estate bubble of Telangana’s capital, Hyderabad, had burst.

Nothing is further from the truth. According to Savills Research 2024, Hyderabad is the fourth fastest-developing city in the world! How can this major Indian metropolis lose its shine just because of Hydra, the mission of which is only to remove unauthorized constructions to restore and revive lakes and ponds within its municipal corporation limits?

We are aware of operations coming to a standstill recently in Bengaluru and Chennai, specifically due to the construction of residential and commercial buildings on reclaimed land from tanks and lakes. So, Hydra is a move in the right direction to make Hyderabad a safer place to live.

Henceforth, real estate developers will develop residential apartments only in areas that will not be affected by heavy flooding caused by rains in the ‘City of Pearls.’ Isn’t this a positive development for the realty sector in Hyderabad going forward? It will help prospective buyers of apartments and villas in Hyderabad make informed decisions before they make a purchase. 

Appeal of Hyderabad to real estate buyers

Hyderabad started growing exponentially in the 1990s, as numerous information technology and pharmaceutical giants began setting up shops in the city. Many people are still unaware that Microsoft houses its largest IT hub outside of the United States in Hyderabad. Furthermore, Google zeroed in on Hyderabad in the first decade of the 21st century to set up one of its major offshore units in Asia.

Cognizant had recently announced that its employee headcount in Hyderabad was on par with its corporate head office located in Chennai. There are more such amazing facts that we in the city, which is renowned for its biryanis, are unaware of.

Facebook also followed suit. Meanwhile, MNCs such as Oracle, IBM, Qualcomm, Deloitte, Pricewaterhouse Coopers, and others, besides Indian majors like TCS, HCL Technologies, Wipro, Infosys, etc., have all set up large development centers in the erstwhile capital of Andhra Pradesh. 

Keeping up with its image as a global city, Hyderabad’s physical infrastructure has been having a major makeover over the last 30 years. This has led to Hyderabad’s Rajiv Gandhi International Airport (RGIA) becoming the fourth busiest airport in India.

The newer part of Hyderabad has experienced phenomenal infrastructure development and expansion, beginning from Banjara Hills, and extending to its western and southern suburbs, including Hitech City, Kondapur, Gachibowli, Raidurgam, Manikonda, Narsingi, and Kokapet, among others. Most of the real estate development in Hyderabad is happening in all these areas.

It is not just the IT professionals who are thronging to these neighborhoods. The Hyderabad real estate boom has been driven by other while-collared professionals and many NRIs from AP and Telangana who have bought or are planning to buy in these coveted locations. 

IT captains like Satya Nadella, CEO of Microsoft, and Shantanu Narayen, CEO of Adobe, were born and raised in Hyderabad, in addition to many other C-level executives of major corporate companies worldwide. Most would want to retire or at least have a holiday home in India’s sixth-largest city.

Conclusion 

This write-up intends to set rest to fears that prospective real estate investors who have been eyeing Hyderabad but become cautious owing to the somewhat negative publicity it has received lately. 

Sunday, November 10, 2024

What should you consider when applying for a startup grant

If you wish to apply for a startup grant, your revenue generation model is the major factor to consider. It should explain clearly how your setup will earn significantly.

Thereafter, you need to know how much your startup will have to bear in costs until it breaks even, which could be a minimum of one or more years.

Later, you need to state who your competitors are and explain how you intend to take on them by defining your unique selling proposition (USP) to the startup board.

You also need a management team with adequate expertise and experience to convince the grant-giving body that your business can run successfully.

Finally, you need to prepare a well-thought-out business plan that explains clearly and persuasively the plans of your startup.