Five takeaways from HTC’s India exit for smartphone brands: CMR

Gurugram/New Delhi: HTC, one of the most premium brands in India over the past decade, has finally shut its mobile handset operations in one of the most exciting growth market for smartphones. Earlier this year, HTC had sold off its design team to Google for $1.1 Bn. While we may conveniently ascribe HTC’s exit to the rapid growth of Chinese brands in the past few years in India, it is more of a failure on the part of the brand to judge the competition as well as grasp the market…

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74% of top Indian IT decision makers back AI’s role in BFSI: NASSCOM-CMR Report

Gurugram – New Delhi: To offer a more proactive and personal customer support is the top business objective of IT decision makers in the BFSI segment, according to a CMR-NASSCOM’s Report on AI for BFSI Sector. “The BFSI sector is very positive about using AI. According to our survey of IT decision makers from BFSI, 74% feel that there’s a strong need for AI in the segment, and their primary business objective is to provide a more proactive and personal customer support. However, choosing the right AI offering from different…

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