Press release from Business Wire India
Source: Aide et Action
Friday, October 01, 2010 09:22 PM IST (03:52 PM GMT)
Editors: General: Consumer interest, Economy, Environment, People, Politics, Social issues; Business: Advertising, PR & marketing, Defence & security
--------------------------------------------------
FICCI-Aditya Birla CSR Centre for Excellence Joins Aide et Action International in Raising Debates on the Changing Paradigm of Corporate Social Responsibility
Hyderabad, Andhra Pradesh, India, Friday, October 01, 2010 -- (Business Wire India) -- The global financial crisis followed by economic recession in several parts of the world, have had unprecedented impact on the world. Though Indian story has been of positive growth, this impact is being estimated in terms of declining rates of economic growth, capital flows, investments, fiscal deficit, investor confidence, and the like. Global economic growth declined from 5.2 per cent in 2007 to a forecast -1.1 per cent in 2009. Economic growth in developing countries in 2009 is projected to be 1.7per cent. This is substantially lower than the observed growth rate of 8.3per cent in 2007, which impacted Millennium development goals set by Governments worldwide to eradicate poverty and hunger. Indeed, building a global partnership on development is one of the MDGs, but as the U.N. notes, only five donor countries have allocated the targeted 0.7 per cent of their gross national income for official aid. The implications are visible in the following facts:
In February 2009, the World Bank estimated that potentially 200,000 to 400,000 more infants may die over the period 2009-2015 due to the effects of the crisis, as the income at family levels decreased.
Worldwide, the number of people living in extreme poverty in 2009 is expected to be 55 million to 90 million higher than anticipated before the onset of the global recession.
The prevalence of hunger in developing countries decreased from 20per cent in 1990 to 16per cent in 2007, but increased to 17per cent in 2008.
The crisis has the potential to create inter-generational poverty traps as children leave school to find employment to supplement family incomes or are withdrawn by parents no longer able to afford education costs.
Apart from increase in violence, women tend to have lower access to social safety nets, and have unequal access and control over economic resources thus exacerbating the effects of the downturn on women.
Corporate bodies are impacted during recession and it had profound impact on the social investments committed by large companies not only globally but in India as well. A study by Rajat Panwar and Eric Hansen, of Forest Business Solutions, reveals that most Indian business houses feel that CSR was only possible if profitability was high. They have quoted an Indian manufacturer who said that "no social activity was possible without at least 25 per cent profitability". Social programmes are in need now more than ever since the crisis hit the economically vulnerable sections of the society more severely.
FICCI-Aditya Birla CSR Centre for Excellence, New Delhi organised this conclave with Aide et Action International that would like to promote synergy of innovations and efforts made by NGOs/INGOs as well as Corporate Sector for social development. Aide et Action International believes that education is the lever for change and it is working towards more meaningful corporate investments in social sector, more particularly in the area of education. Opening the conclave Mr. Paresh Tewary, Director of FICCI-Aditya Birla CSR Centre for Excellence emphasised the need to have greater dialogue and sharing between the NGOs and Corporate groups. He shared that there are range of corporate groups from those investing in CSR initiatives with knowledge of the social development sector to those with very high quality and innovative work. In her special address, Ms Claire Calosci, International Director General of Aide et Action talked about her organisation's commitment towards developing excellence in the area of education and sharing the same with all the stakeholders. She mentioned that Aide et Action will work very closely with the corporate groups such as Microsoft, Schneider electric and Hindustan Unilever in realising the goals of an informed and empowered society.
In his key note address, Dr. Y.R. K. Reddy, Director of Academy of Corporate Governance shared his understanding and experiences of the changing paradigm of CSR, where part of their profits returned to the disadvantaged sections in the society has significantly helped the companies to build their repute and customer base. Dr. Reddy urged the companies to invest in their CSR initiatives keeping in mind the current needs of India to build educated and capable human resource base for the knowledge economy. On this occasion, CSR Director of Microsoft Corporation (India) Dr. Vikas Goswami reiterated need to get business ethics right while complying with laws of land. CEO of Bharati Foundation Mr. Vijay Chadda said that their company is committed to change lives of millions and make good impact on society as part of their vision. Mr. Dinesh Agarwal, GM-CSR of National l Power Corporation said, "Its time companies commit 0.5-5% of budgets for CSR activities as policy". In his concluding address, Mr. Ravi Pratap Singh, South Asia Regional Director of Aide et Action International talked about the need to have policy provisions to encourage greater corporate involvement in the area of education and social development.
The conclave was attended by over 80 corporate foundations and heads of CSR initiatives of various Companies in India.
CONTACT DETAILS
Vishy, Head Communication, Aide et Action South Asia, +919440801759, Vishy@aea-southasia.org
KEYWORDS
CONSUMER, ECONOMY, ENVIRONMENT, PEOPLE, POLITICS, SOCIAL, MARKETING, DEFENCE
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Friday, October 1, 2010
BWI: Strand Launches Subsidiary Strand Scientific Intelligence, Inc.
Press release from Business Wire India
Source: Strand Life Sciences
Friday, October 01, 2010 08:50 PM IST (03:20 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical; Technology; Healthcare
--------------------------------------------------
Strand Launches Subsidiary Strand Scientific Intelligence, Inc.
San Francisco, California, United States, Friday, October 01, 2010 -- (Business Wire India) -- Strand Life Sciences (Strand) announces the creation of a US based subsidiary Strand Scientific Intelligence, Inc (Strand SI) to commercialize its innovative Scientific Intelligence solutions around the world.
With the wide availability of low cost, high throughput measurement technologies, scientists in life and health sciences face the complex challenge of making sense of abundant data. Integrating the power of analytics, business intelligence, visualization, predictive and systems modeling, Strand has developed the practice of scientific intelligence to solve life and health sciences problems.
"Scientific Intelligence brings to the scientific community what business intelligence brought to financial and industrial users, a pragmatic approach to transform massive amounts of information into insights and decisions.", said François Mandeville, Strand's Executive Vice President and General Manager of Strand SI.
Prof. Vijay Chandru, Strand's CEO, co-founder and presently consulting professor at Stanford University said, "Since Strand's inception in 2000, we have sought to enable scientists' ability to leverage their knowledge and experience using visualization, analysis and modeling tools. We designed Strand's Avadis® platform for this exclusive purpose of enabling scientific intelligence in the era of data intensive scientific discovery."
Based in the San Francisco bay area, Strand Scientific Intelligence offers products and services based on Strand's award winning Avadis® software platform.
About Strand Life Sciences
Founded in 2000, in Bangalore, by a team of leading computer scientists and life scientists, Strand is a privately held company that has pioneered the practice of scientific intelligence in life and health sciences. Leveraging its unmatched interdisciplinary scientific expertise with its decision support technologies, Strand empowers health and life sciences scientists to transform raw data into insights. Strand offers products and services for biologists, chemists, toxicologists that combine advanced visualization, predictive systems modeling, data integration and scientific context management.
www.strandls.com www.strandsi.com
CONTACT DETAILS
Saurabh Narain,Director-Marketing & Communications, Strand Life Sciences, +91 (80) 40787263,+919886673215, communications@strandsi.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, TECHNOLOGY, HEALTHCARE
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Source: Strand Life Sciences
Friday, October 01, 2010 08:50 PM IST (03:20 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical; Technology; Healthcare
--------------------------------------------------
Strand Launches Subsidiary Strand Scientific Intelligence, Inc.
San Francisco, California, United States, Friday, October 01, 2010 -- (Business Wire India) -- Strand Life Sciences (Strand) announces the creation of a US based subsidiary Strand Scientific Intelligence, Inc (Strand SI) to commercialize its innovative Scientific Intelligence solutions around the world.
With the wide availability of low cost, high throughput measurement technologies, scientists in life and health sciences face the complex challenge of making sense of abundant data. Integrating the power of analytics, business intelligence, visualization, predictive and systems modeling, Strand has developed the practice of scientific intelligence to solve life and health sciences problems.
"Scientific Intelligence brings to the scientific community what business intelligence brought to financial and industrial users, a pragmatic approach to transform massive amounts of information into insights and decisions.", said François Mandeville, Strand's Executive Vice President and General Manager of Strand SI.
Prof. Vijay Chandru, Strand's CEO, co-founder and presently consulting professor at Stanford University said, "Since Strand's inception in 2000, we have sought to enable scientists' ability to leverage their knowledge and experience using visualization, analysis and modeling tools. We designed Strand's Avadis® platform for this exclusive purpose of enabling scientific intelligence in the era of data intensive scientific discovery."
Based in the San Francisco bay area, Strand Scientific Intelligence offers products and services based on Strand's award winning Avadis® software platform.
About Strand Life Sciences
Founded in 2000, in Bangalore, by a team of leading computer scientists and life scientists, Strand is a privately held company that has pioneered the practice of scientific intelligence in life and health sciences. Leveraging its unmatched interdisciplinary scientific expertise with its decision support technologies, Strand empowers health and life sciences scientists to transform raw data into insights. Strand offers products and services for biologists, chemists, toxicologists that combine advanced visualization, predictive systems modeling, data integration and scientific context management.
www.strandls.com www.strandsi.com
CONTACT DETAILS
Saurabh Narain,Director-Marketing & Communications, Strand Life Sciences, +91 (80) 40787263,+919886673215, communications@strandsi.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, TECHNOLOGY, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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BWI: IndiaMART.com Widens its National Network
Press release from Business Wire India
Source: IndiaMART
Friday, October 01, 2010 05:42 PM IST (12:12 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
--------------------------------------------------
IndiaMART.com Widens its National Network
New Delhi, Delhi, India, Friday, October 01, 2010 -- (Business Wire India) -- . Increases offices across the country to 55
. Strengthens team of on-ground Internet Consultants to over 1000
. Fortifies its leadership position in the online industry
. Aims to connect with MSMEs residing in every corner of the country
IndiaMART.com, India's largest online B2B marketplace, is spreading its wings across the country with the number of its offices increasing to 55 from 31 in March this year. Further, the company's team of Internet Consultants (feet-on-the-street) has crossed a mammoth figure of 1000. The total workforce at IndiaMART.com is now over 2400 employees. The scaled up pan-India presence and fortified team of professionals will cement the company's leadership position in the market and help in creating a strong network for small scale enterprises in the country.
Elated with these significant developments, Mr. Dinesh Agarwal, Founder and CEO, IndiaMART.com said, "Witnessing a rising trend of the MSMEs going online to scale up their businesses and seeing further potential, we have strengthened our presence and capabilities to better cater to them. In fact, our expansion in terms of reach and team is led by our strategy to forge closer ties with the MSMEs."
Headquartered in Noida, the online B2B giant is fast cutting inroads into the MSME space and bringing a large base of these micro, small and medium scale enterprises into the mainstream through the use of the Internet. The expanded team of talented professionals across these 55 offices will further this objective and help provide convenient and personalized solutions to them.
Apart from these developments, IndiaMART.com has also recently introduced other initiatives such as 'IndiaMART Leaders of Tomorrow Awards 2010' to accord recognition to the MSMEs and nationwide awareness drive, through its ongoing Brand Campaign, to educate them about the online medium for business.
About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.
Founded in 1996, the company has a pan-India presence in over 100 cities. With over 2400 employees located across 55 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 1 million registered members and nearly 5 million global buyers across various industries and verticals.
IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group. The founder and CEO of the company is Mr. Dinesh Agarwal. The Board of Directors at IndiaMART.com comprises of Mr. Deep Kalra, Founder and CEO of Makemytrip.com and Dr. Nachiket Mor, President, ICICI Foundation among others.
For more information, please visit: www.indiamart.com/press-section
CONTACT DETAILS
Pawandeep Kaur, Manager - PR, IndiaMART, +91 (120) 3911000, pr@indiamart.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: IndiaMART
Friday, October 01, 2010 05:42 PM IST (12:12 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
--------------------------------------------------
IndiaMART.com Widens its National Network
New Delhi, Delhi, India, Friday, October 01, 2010 -- (Business Wire India) -- . Increases offices across the country to 55
. Strengthens team of on-ground Internet Consultants to over 1000
. Fortifies its leadership position in the online industry
. Aims to connect with MSMEs residing in every corner of the country
IndiaMART.com, India's largest online B2B marketplace, is spreading its wings across the country with the number of its offices increasing to 55 from 31 in March this year. Further, the company's team of Internet Consultants (feet-on-the-street) has crossed a mammoth figure of 1000. The total workforce at IndiaMART.com is now over 2400 employees. The scaled up pan-India presence and fortified team of professionals will cement the company's leadership position in the market and help in creating a strong network for small scale enterprises in the country.
Elated with these significant developments, Mr. Dinesh Agarwal, Founder and CEO, IndiaMART.com said, "Witnessing a rising trend of the MSMEs going online to scale up their businesses and seeing further potential, we have strengthened our presence and capabilities to better cater to them. In fact, our expansion in terms of reach and team is led by our strategy to forge closer ties with the MSMEs."
Headquartered in Noida, the online B2B giant is fast cutting inroads into the MSME space and bringing a large base of these micro, small and medium scale enterprises into the mainstream through the use of the Internet. The expanded team of talented professionals across these 55 offices will further this objective and help provide convenient and personalized solutions to them.
Apart from these developments, IndiaMART.com has also recently introduced other initiatives such as 'IndiaMART Leaders of Tomorrow Awards 2010' to accord recognition to the MSMEs and nationwide awareness drive, through its ongoing Brand Campaign, to educate them about the online medium for business.
About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.
Founded in 1996, the company has a pan-India presence in over 100 cities. With over 2400 employees located across 55 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 1 million registered members and nearly 5 million global buyers across various industries and verticals.
IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group. The founder and CEO of the company is Mr. Dinesh Agarwal. The Board of Directors at IndiaMART.com comprises of Mr. Deep Kalra, Founder and CEO of Makemytrip.com and Dr. Nachiket Mor, President, ICICI Foundation among others.
For more information, please visit: www.indiamart.com/press-section
CONTACT DETAILS
Pawandeep Kaur, Manager - PR, IndiaMART, +91 (120) 3911000, pr@indiamart.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
BWI: Sun Pharma Announces USFDA Tentative Approval for Generic Stalevo®
Press release from Business Wire India
Source: Sun Pharmaceuticals Industries Ltd
Friday, October 01, 2010 05:30 PM IST (12:00 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical; Healthcare
--------------------------------------------------
Sun Pharma Announces USFDA Tentative Approval for Generic Stalevo®
Mumbai, Maharashtra, India, Friday, October 01, 2010 -- (Business Wire India) -- Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) announced that USFDA has granted its subsidiary a tentative approval for its Abbreviated New Drug Application (ANDA) to market a generic version of Orion's Stalevo® tablets.
These generic Carbidopa, Levodopa and Entacapone tablets contain Carbidopa, Levodopa and Entacapone 25/100/200 mg, and 37.5/150/200 mg.
Generic Carbidopa, Levodopa and Entacapone tablets are indicated in the treatment of Parkinson's disease.
These strengths of Stalevo® have annual sales of approximately $ 95 million in the US.
®Manufactured by Orion Corporation.
Marketed by Novartis
About Sun Pharmaceutical Industries Ltd.
Established in 1983, listed since 1994 and headquartered in India, Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) is an international, integrated, speciality pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India, US and several other markets across the world. In India, the company is a leader in niche therapy areas of psychiatry, neurology, cardiology, diabetology, gastroenterology, orthopedics and ophthalmology. The company has strong skills in product development, process chemistry, and manufacturing of complex API, as well as dosage forms. More information about the company can be found at www.sunpharma.com.
CONTACT DETAILS
Uday Baldota, Sun Pharmaceuticals Industries Ltd, +91 (22) 6645 5645, Xtn 605/ +91 9867010529, uday.baldota@sunpharma.com
Mira Desai, Sun Pharmaceuticals Industries Ltd, +91 (22) 66455645, Xtn 606/ +91 9821923797, mira.desai@sunpharma.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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Source: Sun Pharmaceuticals Industries Ltd
Friday, October 01, 2010 05:30 PM IST (12:00 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Healthcare, biotechnology & pharmaceutical; Healthcare
--------------------------------------------------
Sun Pharma Announces USFDA Tentative Approval for Generic Stalevo®
Mumbai, Maharashtra, India, Friday, October 01, 2010 -- (Business Wire India) -- Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) announced that USFDA has granted its subsidiary a tentative approval for its Abbreviated New Drug Application (ANDA) to market a generic version of Orion's Stalevo® tablets.
These generic Carbidopa, Levodopa and Entacapone tablets contain Carbidopa, Levodopa and Entacapone 25/100/200 mg, and 37.5/150/200 mg.
Generic Carbidopa, Levodopa and Entacapone tablets are indicated in the treatment of Parkinson's disease.
These strengths of Stalevo® have annual sales of approximately $ 95 million in the US.
®Manufactured by Orion Corporation.
Marketed by Novartis
About Sun Pharmaceutical Industries Ltd.
Established in 1983, listed since 1994 and headquartered in India, Sun Pharmaceutical Industries Ltd. (Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715) is an international, integrated, speciality pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India, US and several other markets across the world. In India, the company is a leader in niche therapy areas of psychiatry, neurology, cardiology, diabetology, gastroenterology, orthopedics and ophthalmology. The company has strong skills in product development, process chemistry, and manufacturing of complex API, as well as dosage forms. More information about the company can be found at www.sunpharma.com.
CONTACT DETAILS
Uday Baldota, Sun Pharmaceuticals Industries Ltd, +91 (22) 6645 5645, Xtn 605/ +91 9867010529, uday.baldota@sunpharma.com
Mira Desai, Sun Pharmaceuticals Industries Ltd, +91 (22) 66455645, Xtn 606/ +91 9821923797, mira.desai@sunpharma.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HEALTHCARE, HEALTHCARE
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
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BWI: Cisco WebEx Showcases Trends in usage of Web Collaboration Solutions among Manufacturing Companies
Press release from Business Wire India
Source: Cisco WebEx
Friday, October 01, 2010 04:25 PM IST (10:55 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
--------------------------------------------------
Cisco WebEx Showcases Trends in usage of Web Collaboration Solutions among Manufacturing Companies
Bangalore, Karnataka, India, Friday, October 01, 2010 -- (Business Wire India) -- Web collaboration in India:
Productivity and cost efficiency have been the most used words these days reason 'economic slow down'. Web collaboration solutions have proved to be most efficient tools in increasing productivity and keeping cost of travelling at bay.
There is a growing need to adopt technology that helps cut costs on travel. According to the Frost & Sullivan web conferencing report the web conferencing market for APAC was around 150- 200 million USD in 2006 which is estimated to have grown by approx. 8 times to one and half billion USD by now.
The rapid increase in demand for web conferencing software and services can be attributed to economic slowdown and need for better system and software interoperability. Web conferencing can enable geographically dispersed employees to collaborate online and improve their productivity. It is widely used for internal or external training purposes too. It is also been as a cost-effective sales tool to reach new customers located remotely.
Since web conferencing works on a SaaS platform it puts aside concerns about data storage, deployment and additional hardware installation. The model of web conferencing gives the flexibility to upgrade the number of users easily; this is a good opportunity for businesses to save costs and keep them running effectively.
Web conferencing services and software have experienced a dramatic surge of popularity recently. Organizations of all sizes have found that web conferencing can be used in all departments, in all lines of business, for interactive training, off-shore manufacturing and out-sourced operations support, sales presentations, standing and ad-hoc meetings, just to mention some of the most popular applications of the technology.
Web conferencing and its functionalities:
Though Collaborative technologies is still not known by the mass, it has made in roads into several sectors including manufacturing, retail, healthcare, pharma and education. Collaborative technologies in manufacturing companies help them create group meetings in virtual workplaces using the on-demand web conferencing technology. This facilitates the inter department communication and dealer, vendor meetings, During a product launch a vendor shares marketing collateral online with his channel partners and can fine tune his marketing strategy. It is effective to create team workspaces with adequate authentication and security mechanisms and enforce policies, giving the data complete security. Developers can enjoy the flexibility to roll out applications quickly and customers can enjoy the freedom to choose from multiple vendors.
With the help of Cisco WebEx, we have been able to facilitate employees from multiple departments to engage in hassle-free online meetings - Tarun Dev Sharma, Vice President, Ess Dee Nutek Infinities
This tool is used from product development to marketing, resulting into shorter turn around time for product design cycle, supply chain and off shoring. Web conferencing is extensively used for multi-party audio and data conferencing, synchronous video conferencing, application sharing, dynamic power point presentation sharing and documents sharing.
Whether it is to increase sales effectiveness, enhance customer support, better communication with partners or permit employees to effectively coordinate their work with colleagues. Web conferencing can produce tangible benefits and measurable results. It is for these reasons that a significant proportion of large-scale enterprises have adopted Web conferencing, and a growing number of smaller businesses are following suit. Web conferencing is a perfect way to cost-effectively deliver presentations, product demonstrations, meetings, seminars and training in today's increasingly virtual workplace.
Real-time application:
Canon, one of the biggest players in the digital camera market, has been using CiscoWebex web conferencing to connect to dealers in remote locations. Canon also uses Training Center to conduct virtual product demonstrations used in selling to customers. When prospective sale involves sophisticated applications, the dealer calls a Canon field analyst for assistance. Around 20 Canon field instructors have been trained on WebEx. These field instructors deliver one- or two-hour trainings to approximately eight dealer sales people at a time. Using WebEx, Canon now trains approximately 40 sales professionals each week, without travelling and other training cost. In the past, field analysts had to travel to assist with each sale. With web conferencing, field analysts now conduct detailed online demonstrations that answer customer centric queries. Cisco WebEx has transformed Canon's training model, increasing the speed with which the company trains dealer salespeople while saving tens of thousands of dollars a year in travel and lost-opportunity costs. Virtual demos are a way of saving up on travel and also on time taken for training the dealers. There is lesser need for travel and has helped them avoid losing opportunities and save on costs.
Manufacturers can also leverage this technology to make sure personnel are trained and up-to-speed on new ERP, control systems, front office operations, supply chain and CRM software. Organisations can use a web conference to meet, virtually, with co-workers around the globe anytime and any place with just a standard web browser and good Internet connection.
Today, many companies are facing the same challenge: how to improve communications and increase productivity, while reducing operational costs and they are increasingly looking at collaboration softwares to help meet and solve these challenges. Web conferencing can save manufacturers, or any organization that is dispersed geographically, both time and money - and increase customer contact. Time spent out of the office traveling for general business meetings or even standard customer visits is usually time not well spent. This is especially true where visits are routine, back-and-forth between the same locations. Companies spend a great deal of capital on business travel that could be put to better use, such as hiring new sales personnel, updating manufacturing systems and other worthy capital investments.
Promising future for collaboration market
There is no time like the present to adopt new software and technologies that can make companies more efficient and enable communication and interaction in real-time. The future of web conferencing is promising. Global workforces will hold high-quality web conferences, complete with voice, video and file sharing, from a mobile phone or PDA. This will unleash workers from their desks and empower them to reach new productivity goals regardless of physical location. The adoption of web conferencing in India is fast increasing with providers looking at consistent experience to all users. Increasing broadband usage is another factor that will not restrict the use of this solution to regions with limited access. Moreover with India being the potential market for web conferencing, the market is now ready for converged solutions. Innovative collaborative software and technology solutions can actually save a great deal of money spent on business travel, training and increase productivity by keeping key personnel in the office rather than waiting in airports to get to destinations that are really just a mouse-click away.
CONTACT DETAILS
Karthy Prasanna J, brand-comm, +91 9686260350, Karthy@brand-comm.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
Source: Cisco WebEx
Friday, October 01, 2010 04:25 PM IST (10:55 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Information technology, Media & entertainment; Technology
--------------------------------------------------
Cisco WebEx Showcases Trends in usage of Web Collaboration Solutions among Manufacturing Companies
Bangalore, Karnataka, India, Friday, October 01, 2010 -- (Business Wire India) -- Web collaboration in India:
Productivity and cost efficiency have been the most used words these days reason 'economic slow down'. Web collaboration solutions have proved to be most efficient tools in increasing productivity and keeping cost of travelling at bay.
There is a growing need to adopt technology that helps cut costs on travel. According to the Frost & Sullivan web conferencing report the web conferencing market for APAC was around 150- 200 million USD in 2006 which is estimated to have grown by approx. 8 times to one and half billion USD by now.
The rapid increase in demand for web conferencing software and services can be attributed to economic slowdown and need for better system and software interoperability. Web conferencing can enable geographically dispersed employees to collaborate online and improve their productivity. It is widely used for internal or external training purposes too. It is also been as a cost-effective sales tool to reach new customers located remotely.
Since web conferencing works on a SaaS platform it puts aside concerns about data storage, deployment and additional hardware installation. The model of web conferencing gives the flexibility to upgrade the number of users easily; this is a good opportunity for businesses to save costs and keep them running effectively.
Web conferencing services and software have experienced a dramatic surge of popularity recently. Organizations of all sizes have found that web conferencing can be used in all departments, in all lines of business, for interactive training, off-shore manufacturing and out-sourced operations support, sales presentations, standing and ad-hoc meetings, just to mention some of the most popular applications of the technology.
Web conferencing and its functionalities:
Though Collaborative technologies is still not known by the mass, it has made in roads into several sectors including manufacturing, retail, healthcare, pharma and education. Collaborative technologies in manufacturing companies help them create group meetings in virtual workplaces using the on-demand web conferencing technology. This facilitates the inter department communication and dealer, vendor meetings, During a product launch a vendor shares marketing collateral online with his channel partners and can fine tune his marketing strategy. It is effective to create team workspaces with adequate authentication and security mechanisms and enforce policies, giving the data complete security. Developers can enjoy the flexibility to roll out applications quickly and customers can enjoy the freedom to choose from multiple vendors.
With the help of Cisco WebEx, we have been able to facilitate employees from multiple departments to engage in hassle-free online meetings - Tarun Dev Sharma, Vice President, Ess Dee Nutek Infinities
This tool is used from product development to marketing, resulting into shorter turn around time for product design cycle, supply chain and off shoring. Web conferencing is extensively used for multi-party audio and data conferencing, synchronous video conferencing, application sharing, dynamic power point presentation sharing and documents sharing.
Whether it is to increase sales effectiveness, enhance customer support, better communication with partners or permit employees to effectively coordinate their work with colleagues. Web conferencing can produce tangible benefits and measurable results. It is for these reasons that a significant proportion of large-scale enterprises have adopted Web conferencing, and a growing number of smaller businesses are following suit. Web conferencing is a perfect way to cost-effectively deliver presentations, product demonstrations, meetings, seminars and training in today's increasingly virtual workplace.
Real-time application:
Canon, one of the biggest players in the digital camera market, has been using CiscoWebex web conferencing to connect to dealers in remote locations. Canon also uses Training Center to conduct virtual product demonstrations used in selling to customers. When prospective sale involves sophisticated applications, the dealer calls a Canon field analyst for assistance. Around 20 Canon field instructors have been trained on WebEx. These field instructors deliver one- or two-hour trainings to approximately eight dealer sales people at a time. Using WebEx, Canon now trains approximately 40 sales professionals each week, without travelling and other training cost. In the past, field analysts had to travel to assist with each sale. With web conferencing, field analysts now conduct detailed online demonstrations that answer customer centric queries. Cisco WebEx has transformed Canon's training model, increasing the speed with which the company trains dealer salespeople while saving tens of thousands of dollars a year in travel and lost-opportunity costs. Virtual demos are a way of saving up on travel and also on time taken for training the dealers. There is lesser need for travel and has helped them avoid losing opportunities and save on costs.
Manufacturers can also leverage this technology to make sure personnel are trained and up-to-speed on new ERP, control systems, front office operations, supply chain and CRM software. Organisations can use a web conference to meet, virtually, with co-workers around the globe anytime and any place with just a standard web browser and good Internet connection.
Today, many companies are facing the same challenge: how to improve communications and increase productivity, while reducing operational costs and they are increasingly looking at collaboration softwares to help meet and solve these challenges. Web conferencing can save manufacturers, or any organization that is dispersed geographically, both time and money - and increase customer contact. Time spent out of the office traveling for general business meetings or even standard customer visits is usually time not well spent. This is especially true where visits are routine, back-and-forth between the same locations. Companies spend a great deal of capital on business travel that could be put to better use, such as hiring new sales personnel, updating manufacturing systems and other worthy capital investments.
Promising future for collaboration market
There is no time like the present to adopt new software and technologies that can make companies more efficient and enable communication and interaction in real-time. The future of web conferencing is promising. Global workforces will hold high-quality web conferences, complete with voice, video and file sharing, from a mobile phone or PDA. This will unleash workers from their desks and empower them to reach new productivity goals regardless of physical location. The adoption of web conferencing in India is fast increasing with providers looking at consistent experience to all users. Increasing broadband usage is another factor that will not restrict the use of this solution to regions with limited access. Moreover with India being the potential market for web conferencing, the market is now ready for converged solutions. Innovative collaborative software and technology solutions can actually save a great deal of money spent on business travel, training and increase productivity by keeping key personnel in the office rather than waiting in airports to get to destinations that are really just a mouse-click away.
CONTACT DETAILS
Karthy Prasanna J, brand-comm, +91 9686260350, Karthy@brand-comm.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY
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