Impact of internet in day to day life

Impact of internet in day to day life

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  Impact of Internetin day to day life and Profile Analysis of Internet users in India
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  We hope tore-wire the way people spread and consume information… We think a more open and connected world will help to create a stronger economy with more authentic businesses that help build better products and services. – Mark Zuckerberg, Founder/CEO of Facebook, in a letter to Potential Shareholders, May 2012.
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  India Inc. andInternet • India – 2011 Internet users – 121 M • Y/Y growth – 38% • Population Penetration – 10% • 3G penetration – 4% *Source – KPCB Internet Trends Report at D10 Conference on 5/30/2012 by Mary Meeker
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  India Inc. andInternet • In India, Deloitte predicts that the Internet boom is likely to continue its growth run • 3G services in semi urban and rural areas – internet and all the sub-sectors triggered towards growth • To cross 100 Million user mark achievement after 15 years • Expected user base: 300 Million in next 3 years – predicted by IAMAI and BCG *Source : Deloitte – Report on Technology, Media and Telecom predictions, 2012
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  India Inc. andInternet • USD 350 Million – 57 Internet startups in last one year – indicator of growth • Growth figures envy traditional business setups • IRCTC launched in 2002 – On first day of launch only 27 tickets were booked. • In 2011, average of 4,00,000 tickets were booked in a day – In June 2011 alone- Number of successful bookings on the website – in excess of 10 Million *Source : Deloitte – Report on Technology, Media and Telecom predictions, 2012
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  Internet usage inIndia has increased from 0.7% to 7.5% in last decade.
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  Internet Service Providers •As of 2010, there were only 160 ISPs in India. • Just 10% of these ISPs have 90% of the total Subscribers. • BSNL and MTNL dominate the market with around 70% market share. • About half of the total Internet subscriber base finally had broadband access coming into 2010. Source : InternetWorldStat.com
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  Internet hosts andUsers • India has 67,38,000 Internet hosts, which is 16th highest all over the world. • USA has highest number of Internet hosts with 498,000,000 hosts followed by Japan and Italy. • As of 2009, India had 6th highest number of Internet users at 61.33 million users. • China has highest number of Internet users in the world(~ 38.9 crores). *Source: CIA World Fact book
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  Social Media- Popularand Trendy • Emailing, networking and chatting with friends is predominantly the activity that the youth engage in on their increasingly sophisticated smart phones. • Watched by internet businesses that supply and transmit content for these hungry users • Internet synonymous to Social Media • Facebook- growth of 132% in India and 46 Million active users • It will be a medium in which millions can be reached in “nano-seconds”.
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  Bottom line • Businessesand industries cannot ignore the power of the internet, the e-commerce platform and the social network. • All these three are the backbone of any successful enterprise. • The internet is proving to be the platform where all the concerned – the supplier, the user, the customer, the regulator and even the competitor is on-line and watching every move of the business.
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  Private Banking -Business Model • Value Proposition – Custom tailored wealth management services – Financial Products – Transaction Management
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  Vision of theCompany • The Banking Service in India and The Transaction platform for the world. • To be the best bank for our customers. • Our Strategy aims to unlock the greater potential in our banking group and help make us the more transparent organization to deliver services for the customers.
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  By Ritesh Jain Vidhyalakshmi K MihirDavda Ashish Tapadia Madhuri Sawant Thank You