Unboxing Your Boxing Day

 

December 26th, is Boxing Day and is a holiday celebrated in Britain, Australia, New Zealand, Canada, and other Commonwealth countries. Boxing Day originated in England in the middle of the nineteenth century under Queen Victoria. For years in which the holiday falls on a weekend, the celebration is moved to make sure workers still get a day off (except in Canada, where it remains Dec. 26) In the UK it’s classed as a Bank Holiday. Boxing Day is so called because it was the custom on that day for tradesmen to collect their Christmas boxes or gifts in return for good and reliable service throughout the year.

During Boxing Day while government buildings and small businesses are closed, the malls are filled with people either exchanging gifts or buying reduced priced Christmas gifts, cards, and decorations. Many children like to go and spend their gift vouchers that they received on Christmas Day. In Britain opening times are 10-4 PM but some retailers open really early, typically 5AM and offer huge discounts and sale items to attract people in-store. It’s quite common to see long queues forming early in the morning or overnight as shoppers are eager to grab the bargains on offer.

Many stores had to implement crowd control by limiting entrances and the number of shoppers in-store at a particular time. Some are now issuing tickets that guarantee them the hot product they have queued up to buy. Due to the popularity of the boxing day sales many stores are now running Boxing Weeks where bargains can be held on days before and the days after Boxing day. With many people now owning personal connected devices it’s far easier to sneak away from the festivities and family on Christmas Day and Boxing Day to do a bit of online shopping via their mobiles or tablets. It’s believed that 32% of people will be logging on Christmas Day, motivated by the fear of missing out on a bargain.

Britain’s retail sector celebrated a record-breaking year as official figures revealed an all-time high for sales in 2015 with sales for the year reaching £400bn – a £100bn increase since 2010. In 2015 shoppers spent £3.74 billion in the Boxing Day Sales up 6% on 2014 with online retailers having their biggest and busiest day with sales of £856 million up 22.5% on last year’s £699m.

Online shoppers spent an amazing £519,000 every minute which meant that high street shops were quieter than the year before.  An estimated 22 million people visited the high streets and websites looking for deals with many retailers starting their discounts online on Christmas Eve. Pre-Christmas sales were up by 2.6% compared with last year. Britain’s retail successes have been credited in part to national promotional days like Black Friday and Panic Saturday. One survey discovered that 18% of shoppers were bored and were shopping as something exciting to do where as, 15% were looking to buy replacements for Christmas gifts they received that they did not like.

In 2016 there was a campaign underway in the UK to ban the opening of shops on Boxing Day to give shop workers a much needed day off. The petition created by Baker Ian Lap Worth is aimed at putting an end to the commercialization of Christmas. The petition currently has 200,000 signatures and will be delivered to Theresa May Prime Minister. It is not expected to succeed as the government has previously stated that they will not tell any retailers what to do it’s for them to decide commercially if they wish to open or not. A recent survey of shoppers revealed that 84% thought that shops should be closed so shop staff can spend 2 days away from work with their family and loved ones.

According to a report from RadiumOne, 25% of UK internet users polled in July 2016 said they planned to shop digitally on Boxing Day. This is smaller than the proportions who planned to shop digitally on Cyber Monday, in the days immediately after Boxing Day or during the January sales, but still represents a bigger proportion than the 18% who planned to shop in-store on December 26.

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In order to eliminate the decreased number of walk-ins and sales during major shopping holidays like Boxing Day, Black Friday and so on, there is a need to provide a better customer experience by understanding their behavior closely, we at “TetherBox Technologies” introduced an efficient video analytics solution named as “Intello Vision”.

The advent of Intello Vision- the ability to analyze the footage recorded by in-store security cameras to produce useful data and customer insights – means that retail surveillance is now more than just a tool for loss prevention. Marketing, customer service and IT roles can all benefit from the information gleaned, but only if the technology is used effectively. Essentially, Intello Vision is video analytics software that automatically analyses moving images to detect and determine whether something the user wants to buy is easily available. Analytics allows retailers to track customers and identify the displays and campaigns that attract more customers, and areas of improvement in order to satisfy more number of customers and increase their sales. The display alignments can help to provide a more user-friendly experience to the customer, and can even encourage them to spend more. Use of a retailer’s property efficiently can generate immediate impact on the bottom line.

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Using Intello vision video analytics software on the footage will provide reports covering view time in front of a display, walking patterns within and around a specific area, as well as traffic counts on the number of people in an area. Intello vision can capture and analyze demographics, such as age and gender, can also turn video information into valuable intelligence on customer buying patterns and shopping habits of an individual.

Based on this, the company can automatically target advertising on digital displays to fit the customer profile. This can be used in addition to more standard analytics such as monitoring customer paths taken through the store, queue performance, and entry and exit points.

So, what are you waiting for? Go ahead and ask us for a trial of how effective video analytics can be in shaping your outlet for future.

 

 

 

 

 

 

Obituary: Combustion Engine

The level of our fascination with automobiles is commendable and has escalated since their advent. The first car run on steam mesmerised and astonished the world and was considered revolutionary. The introduction of Internal Combustion Engine has completely revolutionised the automobile industry and we haven’t looked back since. Better, faster and more luxurious rides are all the rave. The shear variety and options available to us today boggles the mind: Sedans, Hatchbacks, Coupe, Saloon, and SUVs to name just a few. The classification of these cars doesn’t end there. The type of fuel used is another basis for classification of the marvellous machines. Given the deleterious effect that fossil fuels have on the environment, there is a beckoning for alternate and equivalent forms of fuel systems i.e. Hybrid and Electric. Enter billionaire, powerful CEO, inventor and philanthropist, no not Tony Stark the Iron Man, Elon Musk and Tesla Motors.

Fans of the classic gas guzzlers we suggest you continue reading at your own peril. Tesla Motors, the battery powered brainchild of Elon Musk, Martin Eberhard, Marc Tarpenning, JB Straubel and Ian Wright, has produced some of the most advanced and aesthetic cars the world has ever seen. The cars rolling off of Tesla’s conveyor belt address a niche market. The alternate hybrid options include the infamous Toyota Prius, Honda CR-Z, and Volkswagen Jetta Hybrid, none of which seem to hold a candle to Tesla’s products at an environmental and technological stand-point. While hybrids are more readily available and offer a solution from the predicament faced by using fossil fuels on a limited basis, the electric vehicles in Tesla’s arsenal circumvents the problem altogether. Powered by a more than capable Lithium Ion battery the Model S offers a maximum range of 337 miles on fully charged battery. The Model S maybe nimble and agile but Tesla’s SUV the Model X claims to be the safest, fastest and most capable SUV produced. The Model X comes with a 100 kWh and provides 289 miles of range. The engineers at Tesla Motors have certainly done their part in providing opportunity for long eco-friendly drives.

The streets of Palo Alto and probably the rest of the world will soon be an audience for the new variant Tesla Motors has launched, the Model 3. Packed with state-of-the-art features and technology all three models proudly check off most if not all safety requirements and measures to make them that much safer on the road. A low centre of gravity due to the position of the drive chain and battery, collision avoidance systems, automatic emergency braking, ABS are some of the measures taken by the manufacturers to ensure safety. If all those features failed to persuade you into falling in love with the Tesla then accessories such as a 17 inch touchscreen and display with day and night modes, high definition backup camera and advance navigation system among others, might strongly appeal to the tech savvy customer demographic. Tesla Motors, even with all the innovation and novelty in their products, are thoughtful enough to additionally offer Medical grade HEPA air filtration system that removes bacteria, pollen, viruses and pollution from the cabin.

Image1However what really sets the Tesla apart and on a class of its own is the instrument cluster and the control systems. The panoramic glass roof, climate control, media system are just some of the features the can be controlled by touch or swipe via the touchscreen controls. Seamless integration of the digital instrument cluster steering wheel controls makes it more than just a car. On the touch of a screen and flick of a lever and you would be good to let the car do all the driving. Over-The-Air upgradable control and navigation systems is an added advantage and saves many a trip to the shop for such trivialities. Internet of Things (IoT) has allowed the Tesla’s customer to just park their cars at homes and receive upgrades for their vehicles. Piling on to a never ending list of features the Model S and X sport the smartest of cruise control features which let the driver, or should we say controller, set and vehicle speed, the distance between cars and not worry about driving in to the car in front. An array of sensors and camera track the car’s movement and maintain lane and speed accelerating and decelerating as needed. Autopilot features, voice commands and the expansive maps for navigation are taken care of by the on board control systems. As new technologies become available they roll out through over-the-air system updates.

The CEO and the board of Directors seem to undoubtedly trust their engineers by offering a warranty up to 8 years on battery and drive unit and an additional general warranty of up to 4 years, allowing them to show some hubris. Tesla Motors claims that at an average of 21 miles per gallon at $ 2.70 per gallon a Tesla Model S would save over 50% of the fuel cost and a 100% of the cost to the environment. Although the battery technology saves a ton on the fuel, recharging batteries seems like an obvious and imminent hassle. Availability of recharging stations is one of the major drawback of the Tesla along with glaring shortcoming of the time that it takes to fully recharge the batteries. Tesla Motors at the forefront of research in this technology could remedy the situation with their “Supercharger” concept which take only a fraction of the time, albeit longer than topping off a tank of gas. However with a cornucopia of features, Tesla is all set for those long road trips we never seem to be able to make time for.

Agriculture – Mainstay of Indian Economy

 

Given that all genres of science are evolving and technology is budging in almost all the sectors of economy, agriculture is an important sector having an urge for sustenance and development. Smart farming is a recent trend in this space, wherein IoT(Internet of Things) is integrated with farming to provide effective solutions such as field and resource mapping, equipment and crop monitoring, predictive analytics, livestock tracking, smart logistics and warehousing. Scarcity of water and infertile land are the major hindrances which are still restraining agricultural sector in India. Sensors provide real time traceability and diagnosis which could go hands on with automation and monitoring. These as a whole boost the crop production by analysis, control and prediction. Modern technologies such as livestock biometrics, variable rate swath control and agbots(Agricultural robots) pave way for wider scope in this field, on the other hand IoT gives the head start for Smart farming. Ideas such as Precision Agriculture and Robotic Farm Swarms are financially viable in 2020s only.

 

 

Agriculture is an ancient profession, but with growing time and use of agricultural machinery, there has been a convincing decrease in the number of people who are addressed as “farmers”. If we consider the case of United States, less than two percent of the population today works in agriculture, yet that two percent provides considerably more food than the other 98 percent can eat. It was estimated that at the turn of the twentieth century, one farmer in the United States could feed 25 people, whereas today, that ratio is 1:130. In a modern grain farm, a single farmer can produce cereal to feed over a thousand people. With continuing advances in agricultural machinery, the role of the farmer will become increasingly specialised. In India during the post-Green Revolution period, production of food grains like wheat and rice only were encouraged by the effective utilisation of new agricultural strategy, research and technology. But under the liberalisation wave, demand for agricultural exports seemed to grow, resulting in many new areas of agricultural operations becoming favourable and lucrative.

With lack of proper irrigation system, technique of dry land farming along with the other activities like horticulture, floriculture, animal husbandry, fishery etc. are being encouraged. Introduction of modern improvised techniques makes agriculture to thrive in many backward areas which were earlier exposed to widespread poverty. It is greatly accepted that the presence of essential plant nutrients in the soil in adequate quantities and in readily utilisable for maximum and rational soil management is the major key for obtaining satisfactory crop yields. Additionally knowledge of the fertility status and other properties of a soil is also mandatory. Soil testing is one of the standard techniques of determining the fertility status of the soils, thereby analysis on the base of deficient nutrients can be done or soil amendments can be made. What if we have a real time monitoring system providing the soil properties. Good soil tilth is the most critical feature of good soil management. It means a suitable physical condition of the soil and implies, in addition, a satisfactory regulation of soil moisture and air. The maintenance of soil organic matter which encourages, granulation is an important consideration of good tilth. Tillage operations and timings should be so adjusted as to cause the minimum destruction of soil aggregates. Good tilth minimizes erosion hazards. What if we have a real time monitoring system providing the soil properties and indicate various timings based on which operations can be performed.

Modern Agri Tech and its perks

Precision Agriculture is a technique wherein satellite maps and modern computers are collaged to equate the seed, fertiliser, and crop protection applications to local soil conditions. This technique promises a great hike in crop yields and reduction of wastage. To enlighten this technique, we can say it involves farming management based on observing and responding to intra-field variations. To the point, the idea is, with satellite imagery and advanced sensors, farmers can optimize returns on inputs while preserving resources at larger scales. Robotic Farm Swarms comprises of a wide network having a combination of over hundreds of agbots with thousands of micro sensors. These together replicate the role of a farmer in real time. They monitor, predict, cultivate and extract crops from the land with practically no human intervention.
Farmers no longer are imposed to apply water, fertilisers, and pesticides uniformly across entire fields if they have a solution of using the minimum quantities required, targeting very specific areas, or even treating individual plants differently. This scenario delivers optimised water, fertiliser, and pesticides usage. Minimized impact on natural ecosystems, flourished crop production and reduced chemical dispersal into water bodies are the added pros. Robotic technologies have displayed great potential in enabling reliable monitoring and reasonable management of natural resources like air and water. This in turn gave farmers better access and reach over production, processing, distribution and storage. Henceforth we can reap greater efficiencies and lower prices, safer growing conditions and safer foods, reduced environmental drawbacks.

Going Ahead…..

By inculcating proven modern farming techniques and science-based solutions, farmers have an edge in Smart Farming leading to reduced malnutrition and enhanced food security. Inherently, mentioned techniques also pay for themselves. Pooling of resources in shared ownership, seems helpful in making costlier farm equipment affordable. The increased productivity, even for small land holders, means that they can afford many of the needed inputs.

“The discovery of agriculture was the first big step toward a civilized life”.-Arthur Keith.

So lets try to make our civilized life even better.

5 Amazing innovations in green Technology

Green technology although has always come to be known as the emblem of innovation to save the environment, but it is only recently that people have started comprehending the potential green technology holds for the business world.
New start-ups are emerging with creative ideas to not only make money out of their green technologies, but engaging a large audiences with the products or services they provide. Here are 5 green technologies that we find coolest of the lot!

  1.  TreeWiFi

This is an Amsterdam based start-up that is building birdhouses that measure air pollution level. The air quality data is sent to a server where it is analyzed and made public for everyone to see. When the server detects an improvement in air quality, it allows the birdhouse to share its internet connection with everyone in the street. Users that connect to the network get tips & tricks on how to improve air quality locally before going online. TreeWiFi is now looking to raise €6.500 to further support the development of the prototype.
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2. HearO

A tennis ball is a perfect ergonomic object and is covered in a tactile felt that is exceedingly durable. hearO uses these properties to create a portable Bluetooth speaker that blends usability and sustainability with a refined aesthetic. The product fuses into an ideal portable media companion.
Imagine what you can do with all those 55000 tennis balls used in one Wimbledon alone!

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3. BeCool

This new device called BeCool cools (or heats) the air while charging up a fuel cell at the same time. It could transform the whole approach to indoor climate control by generating electricity rather than just sucking it up. The invention comes from Be Power Tech, a start-up based in Florida, where air conditioning is not just a luxury but also a lifesaver.
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4. Nest Learning Thermostat 3.0

Nest Labs, Inc. has unveiled the third generation of the Nest Learning Thermostat. The energy-saving thermostat’s upgraded display and software makes it easier to read temperatures, alerts, and messages from far-away distances. What’s the coolest thing about this product?
Nest’s new “Time of Savings” feature enables the thermostat to save even more money for customers whose energy utility offers a Time of Use (TOU) rate plan. Under those circumstances, Nest can learn the price of energy and automatically adjust itself to help customers use less energy when prices are highest, trimming utility bills month after month.

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5. Conceptos⦁ ⦁ Plásticos

This Colombian company saw two pressing problems in the world – one, of the housing crisis, prevalent in Latin America, the second, of the overwhelming amount of plastic crowding landfills. They decided to tackle both with recycled building materials.
Conceptos Plásticos recycles plastic into LEGO-like building blocks that families can use to easily construct their own homes. Now isn’t this brilliant?
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Source: http://inhabitat.com/

3 reasons why a career as a digital mechanical engineer is extremely promising

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All these years, we’ve come across at least a few friends or relatives who were Mechanical Engineers. The first thing that comes to our mind when we hear the word ‘Mechanical’ is Machines. Machines are tools that help make a man’s life easy. Mechanical Engineering is the science of building these machines and in turn simplifying a man’s life.
But wait, doesn’t this article deal with ‘Digital Mechanical Engineers’. Now who are these people?
Digital mechanical engineers are mechanical engineers who are well versed in subjects related to big data analytics. They are mechanical engineers who embrace digital technology and use data analytics to improve efficiency in design and manufacturing.

The digital-mechanical engineer plays a critical role in designing and implementing intelligent devices and systems. The next step for the Industrial Internet is more potent systems for intelligent decision making, ultimately driven by data-driven learning algorithms that monitor operations in the plant. (Source GE)
Now that we know who these people are and what are they responsible for, Let’s understand why pursuing a career as Digital Mechanical Engineers would turn out to be promising…

 

1) Huge scope for IOT:
The IOT industry is growing at a staggering rate of 20% every year and The global Internet of Things market will grow to $1.7 trillion in 2020 from $655.8 billion in 2014 (source : International Data Corporation ), as more devices come online and a bevy of platforms and services grow up around them. As the Internet of Things ecosystem continues to grow, companies will look to platforms and services that help them manage and analyze the streams of data coming from connected cars, thermostats and smartwatches. This, in turn, means there are immense opportunities for Digital Mechanical engineers, as companies look for ways to process and analyze data from multiple sources in real time.

2) Use of Data Analytics in Manufacturing:
Manufacturing is continuously evolving due to the progress in process and computer technology. The way the terminology of manufacturing has changed over the years, beginning with flexible manufacturing of 1980’s to the digital manufacturing of today, best reflects the changes of manufacturing sector. In fact, the continuous transformation has led to the integration of more sensors which in turn has generated large volumes of data. Such data can serve various purposes- for example, mechanical engineers may improve the reliability of the existing manufacturing processes, predict emerging equipment failures, design next generation of manufacturing equipment, and invent new technologies based on the historical data.

3) The need for intelligent systems in Renewable energy generators:
The Energy Industry is growing at a rapid pace with the need for Alternate energy sources increasing day by day. Moreover, the shift to clean energy is generating a lot of importance these days. Combustion plants and nuclear power facilities are being replaced by dozens to hundreds of wind turbines and solar panels. The current alternate energy options such as Wind Energy, Turbine Energy, Solar Energy, Hydrothermal Energy and other energy generating systems need improvements in costs and designs so that they match the efficiency of fossil fuels. Also, solutions in energy consumption are needed as well.

A combination of design ingenuity, smart materials and smart systems will lead to feasible market solutions, which in turn will create a demand for Digital Mechanical Engineers!

 

Bellandur Lake – The Toxic Paradise

SIX things that make you wonder how amazing the Bellandur Lake was before it turned toxic:

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1. Located in the suburbs of Bellandur in south-east Bengaluru and spanning over 726 acres in size, Bellandur Lake is the largest lake in the city.

2. The lake was prominently known to be a hotspot for wildlife. It used to be a safe haven for kingfishers, parrots, parakeets, wood pigeons, kites, king cobras, rat snakes and monitor lizards.

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3. Bellandur Lake was once the source of revenue for almost 18 nearby villages. Residents of Bellandur village recall the good times when the lake was full and the land next to it fertile, until the 1970’s. Paddy, Cauliflower, and Tomato used to be cultivated in abundance here.

4. Over 400 fishing families used to earn their revenue from the lake. Imagine the economic loss and perils these families have faced due to the lake’s dying ecosystem.

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5. ‘Theppotsavam’, an Annual Boat festival used to be celebrated on this lake.

6. The lake used to be a landing channel for Walrus Seaplane during World War 2.

 

The Current Condition:

Sadly, this beautiful lake is now known for being one of the most highly polluted lakes in India. As per some sources, the pollution in the lake is due to untreated sewage water entering the lake through various inlets. As a result, the Pollution Control Board is adopting stringent measures to enforce the use of efficient treatment plants in the buildings/factories that dispose wastewater to the lake.

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In the recent years, one common sight for the locals has been the formation of froth at the lakes. Froth formation was first seen in the 1980’s and rapid increase in urbanization has greatly resulted in its exponential growth. Experts have confirmed that the froth formation is a result of toxic factory waste and the untreated sewage waste water present in the lake. The froth contains cadmium, phosphorus, and several other poisonous substances. The foul-smelling foam has resulted in several effects such as skin rashes, eye irritations, headaches, and dizziness. It is also a nuisance, especially during rainy and windy days, when it floats onto nearby roadways, impairing visibility.

Last year in 2015 the froth on the lake had caught fire. Residents often complain that the froth spills onto the road many times and it is heckling them as they are even unable to walk past that stretch, leave alone drive. The civic authorities often use sprinklers to control the froth level which solves the problem on a temporary basis but a permanent solution for this problem hasn’t been thought through.

Can we revive the lake?

Can we work for a better tomorrow?

TetherBox Team of Industrial Experts is working on an IOT solution to resolve the lake crisis and this could potentially be a game changer for Bengaluru! Stay tuned to know more!

How VIDEO ANALYTICS is changing the face of sales in retail

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There was a time when hunches were the basis of every decision made by a businessman and the game was instinct driven. One could never be sure whether the chosen policy would be the most effective among the alternatives. And then came data analytics which changed the way we look at any business. Reliable data could now be analysed and extrapolated to make grounded decisions. Stop and think. How far have we come? How further can we go?
Let’s look at 5 promises that Video Analytics holds for the Retail Sector, as it makes its way among popular IOT technologies:

1)Power in your hand:
This ingenious technology is hassle free as you can access large amounts of data in real time with the simple click of a button. The facility works 24*7 and the data is presented with some visual aid, allowing easy interpretation. So save both time and energy!

2)Know your customer better:
With customer identification techniques, cameras will now detect age and gender of customers visiting the store. Retail chains would be able to identify the right segment to target, and correctly position their offerings to the customers.

3)Marketing the right way:
Promotional activities will now be placed accurately for more visibility to the customers. The system will provide feedback techniques to check the effectiveness of the current policies, which can be remodelled accordingly. The process of rechecking and remodelling done multiple times will help us recognise the best schemes. Moreover, the retail chains can use video analytics to identify blind spots in their store and in fact, know what the ideal store layout would be.

4)Low investment, high returns:
Video Analytics is easily integrated with the existing camera surveillance technology and does not require any fancy new systems. No more spending millions of dollars on marketing without knowing the return value.

5)Up your prominence:
The future of video analytics holds great promise with the latest techniques, incorporating methods to detect and analyse abstract customer behaviour like reactions (happy, sad, etc.) to the product and marketing schemes. With the relevant use of this technology, we might even look at the retail sector up their competition with the e-commerce industry in a few years!!

5 reasons why Bengaluru is the ideal place for start-ups

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Bengaluru, the modern metropolitan city of India, is all about multicultural identities, delicious food and perhaps the best weather! And for us, this “Silicon Valley of India” is the city of dreams of a thousand and more hearts, beating to the tunes of changing life as we live it. So here’s 5 reasons why anyone who aspires to be an entrepreneur must take their first step in Bengaluru…

1) Raise capital easily:
Almost 30 of the 80 most active Venture Capital firms and Private Equity firms are based in Bengaluru. That almost accounts for more than 35% of the entire VC’s in the country. In fact, a whopping total of $2.256 billion of venture capital investment was made in Bangalore in the last 1 year. The city is also home to some fantastic investors who love checking out new ideas and technologies.

2) Easy Beginnings :
The seed capital required to set up an establishment in Bangalore is low when compared to the other major cities in India. The cost of renting commercial spaces is moderately cheaper in Bangalore. Also, due to the huge number of engineering colleges based in and around the city, hiring skilled Engineers at lesser annual average packages is not really a problem. Moreover, talented Engineers from all over the country come to Bangalore in search of better employment opportunities.
So you get to build an awesome team at an awesome place by not really shelling out a lot of money.
As a matter of fact, many startups like Ola and Inmobi have been in the news for having moved their bases to Bangalore in search of better talent.

3) Amazing Startup Culture:
Other than the cosmopolitan culture, the city turns out to give great mentorship vibes as it is known to be home for some of the best mentors in the ecosystem. Apart from that, Bengaluru lives by the motto ‘Technology comes first’ and this attitude has motivated these startups to be leaders in their respective categories. Also, this has contributed to Bengaluru having the highest number of homegrown unicorns in India. (Trivia-A unicorn is a startup valued at over 1 billion).

4) Get maximum Exposure – Land of Opportunities:
With so many startups existing here, you get exposed to some of the hottest products and ideas that can change the way the world works. Also, some well-known media, blog publishers like ‘Your Story’ are based in Bengaluru. The city also has groups that meet up regularly as well as conduct events and competitions related to startups. This way you can magnify your network and at the end of the day, find opportunities and probable clients knocking your door.

5) Ranking of Bengaluru:
Still don’t believe us? But numbers don’t lie! Bengaluru is the 2nd fastest growing startup ecosystem in the world (source: San Francisco-based Compass- A research-based firm that provides global benchmarking tools). These rankings are given on factors such as the performance of startups in that city, funding, market reach, talent and their growth index when compared to the previous year.

 

So from funding to talent, from mentorship to opportunities, Bengaluru has it all. This is where business tycoons like Azeem Premji and Narayan Murthy began their journey; this is where you must begin yours! Tell us below what you love most about Bengaluru.

5 Reasons Why You Should Become a DIGITAL NOMAD

‘Digital Nomads’ are people who are location independent and use technology to perform their job, as defined by Investopedia.com. Digital nomads work remotely – telecommute, which is now possible due to economical internet access, smartphones and voice over internet protocol (VoIP) to keep in contact with clients and employers.

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With the evolution of technology and more flexible job roles, freelancing has transformed as a career that is more respected and encouraged today. It is not only attracting a humungous number of young people but is providing small businesses with an opportunity to designate work proficiently.

Here are 5 reasons why being a Digital Nomad is the coolest job!

1) Independence from schedule:

You’ll not have to worry about work-life balance as you aren’t restricted to any time schedule and can work whenever you want or at whatever time of the day you feel most productive, provided you stick to the deadlines of your client. No more 9-5 boring jobs!

2) Infinite Opportunities:

You never know what opportunity you’ll be stumbling into! While working as a freelancer you will get to meet awesome people doing some incredible work. And for every one of these people you meet, network with and befriend, another door will open for you. The opportunities that come your way will never cease to amaze you. Now all you have to do is catch the right one and run with it!

3) Explore the world:

You have the freedom to travel the world. Most of the Digital Nomads travel to Southern Asian Countries and live a very comfortable life with the money they make. They work for 2 weeks and chill in the next 2 weeks of the month. Also, what’s a better incentive than getting to travel the world?  Imagine working on a beach – being inspired by the things around you, thus allowing yourself to find creative ways of growing business.

4) Sufficient Income:

Well, most of the digital nomads earn enough to travel different countries. Being a digital nomad also makes you accept, appreciate and create passive income. Most of these digital nomads admit that they make about $1000 a month and usually this is a great deal of money in countries like Thailand or other South Asian countries where you can enjoy a very comfortable life. In Indian currency, $1000 would amount to 65,000 INR which is usually the money that a software professional earns every month.

Most importantly these people have the opportunity to earn as much as they can. They don’t restrict themselves to a certain amount of money.

Is passive income really that easy to come by? NO! But when you find the right avenue, and the stars align, life just becomes a little less stressful.

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5) Experience LIFE:

Unlike most people in their twenties, these people don’t restrict themselves to a confined cabin. They enjoy and take life as it comes.
They travel the world, don’t shy away from opportunities and are eager to learn different things. Digital nomads are making the best out of their time and life!

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