2, Aug 2024
Optoma Unveils Affordable Wave Series Laser Projectors for Home Entertainment in India

New Delhi, 02nd August 2024: Optoma, world’s No.1 DLP projector brand and a leading designer of projection announced the launch of the Optoma Wave series, a mainstream home entertainment laser projector series featuring the Wave110R, Wave110S, and Wave120R models in India. Starting at Rs 3.6 lacs the new Wave series from Optoma’s portfolio aims to provide the finest home entertainment experience to Indian customers.

optama

Eyeing the home segment, the Wave series projectors implement bright and sharp images with astonishing colour precision, ranging from 3,500 lumens to a maximum of 4,300 lumens brightness across models and a dynamic contrast ratio of 2,200,000:1, depending on the size and purpose of the space. These projectors are equipped with 360-degree installation and 4-corner correction features which make them a perfect choice for home theatres. The Wave series projectors can be installed anywhere, whether on the ceiling, wall, or floor, and can achieve screens of up to 300 inches.

The Wave110S can create a 100-inch screen with just about 1.1 meters of distance, enabling large screen projection in narrow living spaces without separate installation. The Wave series supports 4K input and HDR (High Dynamic Range), enhancing brightness and contrast through dynamic black technology to deliver realistic and detailed screens. Thus, it can provide remarkable brightness, colour precision, reliable operation, and excellent image quality in various spaces, especially homes.

The new range features a slimmer and more compact design, utilizing an external power supply to minimize dust ingress and provide excellent energy efficiency. The DuraCore laser light source, designed with environmental considerations, in the Wave series can be used for up to 30,000 hours. Additionally, the optical engine is sealed to prevent even small dust particles from entering and has obtained an IP6X rating. Therefore, designed to reduce maintenance costs significantly, the Wave series is engineered to reduce power consumption by up to 45% compared to Optoma’s conventional lamp projectors and by up to 76% compared to a 100-inch TV.

Vijay Sharma, India & SAARC Head – Optoma Corporation stated, “Providing customers with a display solution that offers long-term reliable performance with minimal environmental impact is crucial. We are pleased to introduce the Optoma Wave series to India, which not only provides stunning image quality and installation flexibility but also sets new standards for reducing power consumption and carbon footprint. We aim to lead the market with reasonably priced home laser projectors that meet the expectations of Indian consumers who prefer high specifications while considering the overall value.”

2, Aug 2024
Ambrane Introduces PowerLit 30 Power Bank: An Emergency Power Saver for Laptops

Delhi: Ambrane, a leading Indian consumer electronics and mobile accessory brand, has launched its latest charging solution, the ‘PowerLit 30’ power bank. Featuring a robust 10,000mAh capacity and multiple charging ports, including Type-C and USB-A, this power bank ensures rapid charging for various devices, including being an emergency power saver for laptops.

Ambrne PowerLit 30 1.3

The PowerLit 30 boasts a premium metallic design, offering a sleek and modern look. Its compact design allows it to easily slip into any pocket while delivering enough power to charge even a MacBook Air. With 30W fast-charging capabilities, this power bank is perfect for powering phones, Type-C laptops, and more, wherever you need it. Despite its powerful performance, the PowerLit 30 remains lightweight, weighing just 190 grams.

With PowerLit 30, power up an iPhone 15 to 57% in just 30 minutes or a MacBook Air to 50% in just 30 minutes with PowerLit 30’s 30W BoostedSpeed™, ensuring quick and efficient charging for your devices. The power bank is equipped with both Type-C and USB-A output ports and supports Power Delivery, Quick Charge 3.0, VOOC, PPS, DASH, and WARP protocols for fast and efficient charging. Five LED indicators provide real-time battery status, keeping you informed at all times.

The power bank supports SafeCharge Technology, offering comprehensive protection including overload, over-voltage, electrostatic, overcurrent, short circuit, and circuit identification protection. This ensures your devices are safe and secure while charging. Certified by the Bureau of Indian Standards (BIS) and backed by a 180-day warranty, the PowerLit 30 is available in stylish Black and Purple colors.

Ambrane has received an overwhelmingly positive response to its AeroSync products, particularly during Amazon’s Prime Days. The launch of the PowerLit 30 further solidifies Ambrane’s position as a disruptor in the charging portfolio.

2, Aug 2024
JSW MG Motor India Christens India’s First Crossover Utility Vehicle (CUV): WINDSOR

National, August, 2024: JSW MG Motor India has announced that the name of its upcoming model, India’s first Crossover Utility Vehicle (CUV) is “Windsor”. The Intelligent CUV is inspired by the iconic architectural masterpiece and emblem of royal heritage – Windsor Castle. Similar to the legendary castle, MG Windsor will exemplify meticulous craftsmanship and a commitment to excellence and royalty. With its imposing design, every aspect of the car is precisely crafted to reflect the same level of premium quality and luxury that Windsor Castle embodies.

mg

Immersed in centuries of royal history, this iconic Windsor Castle showcases the best of both worlds, representing the perfect amalgamation of historical grandeur and contemporary modifications. The MG Windsor too personifies classic elegance with advance technological offerings. Just as Windsor Castle represents a lifestyle of comfort, elegance, and status, MG Windsor is positioned as a premium offering for discerning consumers who seek both value and class. This Intelligent CUV is designed to stand out as a modern marvel in the automotive industry, capturing the essence of comfort, style, and technology.

Commenting on the occasion Satinder Singh Bajwa, Chief Commercial Officer, JSW MG Motor India, said, “We are excited to reveal the name of our upcoming CUV: MG Windsor. The Windsor Castle is renowned worldwide as a symbol of royalty and glory, which reflects in every detail of this CUV that exudes excellent craftsmanship, premiumness and, spaciousness. The advanced tech offerings and the futuristic aerodynamic exterior further add to the appeal of the car. The MG Windsor caters to consumers who seek best of both worlds – comfort of a sedan and the expanse of an SUV.”

CUVs offer a perfect blend of aerodynamic design and spacious interiors, making them ideal for navigating bustling urban roads and tighter spaces in smaller towns. Due to their versatility and adaptability, CUVs ensure that families can always travel in style and comfort.

1, Aug 2024
realme unveils realme 13 Pro Series 5G, Ultra Clear Camera with AI alongside realme Watch S2 & realme Buds T310

New Delhi, August 1, 2024: realme, the most popular smartphone brand among Indian youth, today announced four ground-breaking products in their smartphone & AIOT portfolio – the highly anticipated realme 13 Pro Series 5G, realme Watch S2 and realme Buds T310. The realme 13 Pro Series 5G, includes two models: the realme 13 Pro+ 5G and realme 13 Pro 5G. It features an Ultra Clear Camera with AI, combining cutting-edge camera technology with stunning designs inspired by one of the legendary masters of Impressionism, Claude Monet.

reaql

realme unveiled its ambitious plans to become a major player in the mid-to-high-end smartphone market. This ambition is evident in three key areas: Large Memory Popularization, Quality Upgrade, and our AI+UI Popularizer Plan. As a tech brand that deeply understands young users, realme promises that every future Number Pro Series will come standard with a 512GB memory option, meeting the expectations of this demanding demographic. To enhance the durability of its products, realme also confirmed that every future Number Pro Series phone will come equipped with a minimum of IP65 Water and Dust Resistance.

Commenting on the launch, a realme spokesperson said, “We are thrilled to unveil the realme 13 Pro Series 5G, realme Buds T310, and realme Watch S2 today. Understanding the needs of our young users, in June, we announced our Next AI Lab and AI+UI Popularizer Plan, aiming to bring next-generation AI experiences to at least 100 million users within the next three years. The launch of the realme 13 Pro Series 5G is the first step in realizing this vision. With its Ultra Clear Camera powered by realme’s advanced AI capabilities, users can expect superior photography experiences. The realme Buds T310 and realme Watch S2 further exemplify our dedication to providing cutting-edge technology and quality. With these new additions to our AIOT portfolio, we continue to redefine the boundaries in the AIOT segment. We look forward to continuing our journey in bringing innovative and high-quality products to our users, pushing the envelope of what’s possible with technology.”

“We are thrilled to continue our long-standing partnership with realme to unlock premium smartphone experiences for users in India,” said Saurabh Arora, Mobile, Compute and XR Business Head, Qualcomm India Pvt. Ltd. “Equipped with convenient AI for smooth multitasking and seamless connectivity, the Snapdragon® 7s Gen 2 Mobile Platform is committed to perform beyond expectations enabling a variety of use cases on the realme 13 Pro Series 5G for all your productivity and entertainment needs such as gaming, stunning photo and video capture and more.”

The realme 13 Pro+ 5G is a testament to realme’s dedication in providing exceptional value and exceeding conventional flagship standards. Powered by the dual 50MP Sony AI cameras with the industry’s first AI photography architecture, HYPERIMAGE+ camera system, it ensures an ultra-clear shooting experience. It also features a unique design made in collaboration with the Museum of Fine Arts, Boston (MFA), drawing inspiration from the legendary Impressionist master, Claude Monet, reimagining the Impressionist style for a new generation. With the introduction of AI capabilities, the realme 13 Pro+ 5G offers a smarter user experience, transforming how users interact with their device. The realme 13 Pro+ 5G is available in two exquisite colors: Monet Gold and Emerald Green, and three storage variants: 8GB+256GB priced at INR 29,999, 12GB+256GB priced at INR 31,999 and 12GB+512GB priced at INR 33,999 on realme.com, Flipkart and Mainline Channels.

The realme 13 Pro 5G is a testament to realme’s commitment in delivering exceptional value and surpassing traditional flagship standards. Powered by the Snapdragon® 7s Gen 2 5G Chipset with a 3D VC Cooling System, it ensures a smooth gaming experience while providing an unprecedented cool experience. The device boasts a class-leading 50MP Sony main camera with the industry’s first Al photography architecture, the HYPERIMAGE+ camera system, ensuring ultra-clear shooting experiences across various scenarios. It also features a unique collaboration with the Museum of Fine Arts, Boston (MFA), drawing inspiration from the legendary Impressionist master, Claude Monet, reimagining the Impressionist style for a new generation. The realme 13 Pro 5G is available in three striking colors: Monet Gold, Monet Purple and Emerald Green

1, Aug 2024
Noise launches Noise ColorFit Ultra 3 Luminary, featuring Personalized Alerts and Emoji Messaging

India, 1st August 2024: Noise, India’s leading connected lifestyle brand, announced the launch of its latest addition to their flagship series, Noise ColorFit Ultra 3 Luminary. The new smartwatch introduces two game-changing, Lumialert and Lumiping, set to revolutionize consumer experience. Lumialert allows users to customize notification alerts for up to five favourite applications, even on the Always-On Display, ensuring one never misses an update. Meanwhile, Lumiping enables users to send specific emojis to up to five contacts directly from their smartwatch, adding a personal touch to their interactions. Catering to today’s fast-paced lifestyle and offering seamless, personalized connectivity and convenience, the feature-rich Noise ColorFit Ultra 3 Luminary is an essential companion for the modern user.

noise

Designed to elevate the user experience, the smartwatch boasts a stunning 1.96-inch AMOLED display, offering a resolution of 410*502px for a vivid and immersive display experience. The smartwatch also features a functional rotating crown, making user interaction seamless and intuitive. Its premium metallic dial enhances its style quotient, making it a perfect accessory for those who seek both functionality and elegance.

Equipped with Tru Sync™, the new smartwatch enhances the bluetooth calling experience and provides a hassle free connection with the smartphones. It allows users to save up to 10 contacts and access recent calls with ease, all without reaching for the smartphone. The latest Bluetooth 5.3 ensures a stable connection and improves the battery life lasting upto seven days on a single charge.

Designed with health and fitness enthusiasts in mind, the Noise ColorFit Ultra 3 Luminary comes with the integrated Noise Health Suite™. It offers a holistic approach to wellness, monitoring heart rate, SpO2, sleep patterns, stress level, and female cycle tracking. Additionally, the Productivity Suite keeps track with daily reminders and readily accessible weather forecasts. With an IP68 water and dust resistance and a metallic frame rating, the Noise ColorFit Ultra 3 Luminary smartwatch can comfortably withstand an active lifestyle.

Active lifestyle enthusiasts will appreciate the smartwatch‘s over 110 sports modes and the availability of more than 100 watch faces, allowing users to customize their experience. The smartwatch seamlessly integrates with the NoiseFit App, unlocking a world of enhanced functionality and allowing one to personalize their experience even further.

1, Aug 2024
Lenovo Accelerates ‘Smarter AI for All’ with Databricks Collaboration

Lenovo Accelerates ‘Smarter AI for All’ with Databricks Collaboration

August 01, 2024,Hong Kong : Today, Lenovo has joined forces with Databricks to drive AI adoption amongst its customers. As a Databricks Consulting & Systems Integration (C&SI) Select Tier Partner, Lenovo will work with businesses to help them take advantage of enhanced data management capabilities, streamlining access to data from multiple sources and removing barriers to successful AI usage.

The offering will run through the Lenovo AI Center of Excellence (AI CoE), designed to help customers put AI to work for their organizations quickly, cost-effectively and at scale, with solutions that bring AI from ideation to reality. Working with the Databricks Data Intelligence Platform, Lenovo will help businesses to bring their data sources together, allowing them to increase the use of generative AI, improve their data analytics capabilities and drive innovation. The Lenovo AI Center of Excellence (AI CoE) will provide services to help customers define outcomes and rapidly innovate with the Databricks Platform to meet the unique needs of their organization.

“We’ve spoken to many customers at various stages of their AI journeys and, while most want to reap the benefits and feel the urgency to do so, their organizations aren’t ready,” commented Linda Yao, Chief Operating Officer and Head of Strategy, Lenovo Solutions & Services Group. “Our latest study showed that 90% of the CIOs we surveyed see AI as a game changer, yet over half feel their organizations lack the technical skills to scale AI quickly. By adding Databricks to Lenovo’s ecosystem of leading software vendors, we can further enable our AI for all vision and bring the technology to a broader set of customers.”

Starting in the Greater China and Asia Pacific Region, then rolling out globally, Lenovo will offer end-to-end expertise in solutions and services for data management, including cloud, data and AI strategy, data platform modernization, data migration, pre-built code for quick implementation, optimization, governance and audit management, and AI and ML use cases.

“Our partnership with Lenovo showcases our unwavering commitment to democratize data and AI for all organizations. We are proud to see our relationship with Lenovo transform from customer to key partner. Together, we are driving unprecedented innovation, accelerating growth, and delivering exceptional value to our customers on the Databricks Data Intelligence Platform,” said Greg Taylor, VP of Partners, Databricks.

Lenovo was awarded partner status due to its broad and deep expertise in IT solutions, including over 10 years of public cloud solutions practice and rich operational experience gained in more than 15 years of data platform construction. The new offering forms part of Lenovo’s comprehensive AI Services practice that provides training and tools to help customers maximize their use of AI.

Based on insights from the recent Lenovo CIO report, most organizations struggle with how to deploy AI-powered solutions quickly, effectively, and securely. To support customers globally, Lenovo announced a comprehensive AI services portfolio aligned with the Gartner® Five Critical AI Adoption Phases. The Lenovo AICoE aims to accelerate these services and use cases to deliver faster outcomes and improve efficiency by harnessing AI to unlock the value of their data.

“With an experienced and expert team on hand, our collaboration with Databricks will accelerate AI readiness and move customers closer to responsible and efficient AI adoption,” added Art Hu, SVP & CIO for Lenovo, and Chief Technology and Delivery Officer for Lenovo’s Solutions and Services Group. “From architecture and data management, through to implementation and governance, we can provide end-to-end solutions that remove obstacles to AI integration and help customers get to the benefits at pace.”

A relationship built on Lenovo’s own experience with the Databricks Platform

Lenovo’s work with Databricks builds on a relationship that started in 2022, with Lenovo creating its own enterprise-level global data warehouse through Databricks and fundamental Azure services. Incorporating corporate common data models and 200 core KPIs to date, the warehouse supports the breadth of the organization, from product and production to supply, sales and services.

With its experience in digital and intelligent transformation and now as an implementation partner for Databricks, Lenovo is able to provide data and AI solutions based on Lenovo’s Hybrid Cloud infrastructure. The Lenovo and Databricks collaboration means customers will benefit from a modern data platform with streamlined data governance to help them accelerate their enterprise reporting and analytics and the adoption of AI applications.

1, Aug 2024
Sonar Introduces SonarCloud Enterprise and Team Plans for Advanced Analysis of AI-assisted and Developer Written Code

Sonar Introduces SonarCloud Enterprise and Team Plans for Advanced Analysis of AI-assisted and Developer Written Code

August 01, 2024,Geneva, Switzerland & Austin, Texas, United States : Sonar, the leading Clean Code solution provider, has expanded its SonarCloud offering with the availability of two new plans, SonarCloud Enterprise and SonarCloud Team. SonarCloud, the company’s fully managed SaaS solution for improving the quality and security of human-developed and AI-assisted code at scale, is used by thousands of organizations to analyze proprietary and open source projects. With the new Enterprise and Team plans for SonarCloud, Sonar empowers development teams of all sizes to deliver Clean Code with confidence.

When code isn’t clean, it can cause business outages, security risks, and poor application performance. Sonar’s Clean Code solutions help developers catch bugs, quality concerns, and security flaws early in the development process, as code is being created. This allows them to find and resolve issues before they can make it through to production, improving developer productivity, software quality, and business performance.

“Our ROI in SonarCloud kicked in from the first month. We were able to gain a better understanding of the quality of our code and start rolling out suitable adjustments for the engineering team,” said Furkan Yavuz, QA lead for Recognyte, an AI-driven real estate intelligence company.

As organizations increasingly adopt AI assistants to write code and develop software, having scalable, flexible solutions, with high availability and built-in security has become a business imperative. The new SonarCloud plans ensure developer teams can leverage SonarCloud as their needs grow, to continuously reduce exposure to risk at all levels and sustain the performance of their software, growing business through systematic development and delivery.

“The adoption of AI coding assistants and the push for faster software development have increased code volume and raised reliability concerns. However, most code scanning tools are just adding to the growing list of issues that are potential threats to business, most of which are false positives. Developers need to be empowered to find issues early and be motivated to fix them with the tools they love and have confidence in. Development teams who use SonarCloud are able to pinpoint and remediate as early in the development process as possible,” said Fabrice Bellingard, VP of Product at Sonar.

Features Made for the Enterprise

SonarCloud Enterprise offers organization-wide portfolio management, new authentication and security features, executive reporting functionality, simplified administration, enterprise service-level agreements, and dedicated commercial support for all customers. Additionally, SonarCloud Enterprise is available on AWS Marketplace, ensuring simplified procurement and onboarding.

Centralizing Controls.

Managing multiple organizations in a DevOps environment can be difficult, causing a lack of visibility into the overall security of the company’s software and the needed actions to improve it on various levels. Specific features include: Enterprise hierarchy, portfolio creation, organization-wide configurable settings, project PDF reporting for technology leads and managers, and security standard reports for IT security teams.

Authentication and Security.

Organizations tend to use a combination of different tools in their DevOps toolkit to ensure code quality and security, on top of multiple linters to support the complexity that comes with leveraging a variety of languages. Managing organization and group membership to various solutions and ensuring they are synchronized can be a large administrative effort, and lead to security risks. Features that support this and ongoing security assurance include: Single Sign-On (SSO), synchronized access management, and more scalable token management.

Simplified Administration.

At onboarding, default settings can be prepared and applied to all projects with organization-wide project configuration. This relieves the tedious and slow task that large enterprises face of configuring a high number of projects, project by project. Automated project creation at scale also supports ease in standing up SonarCloud. It enables the auto-creation of projects in SonarCloud that were initially built in an enterprise DevOps platform. Additionally, enterprise billing means that billing can be done as a single entity while being applied to multiple organizations.

Flexible plans to meet the needs of all organizations.

SonarCloud’s existing Private Repo plan has been replaced by SonarCloud Team and will continue to provide the reliable, SaaS solution that users trust and rely on today. At an affordable price, SonarCloud Team provides all the benefits of the SonarQube Community Edition plus additional features like branch analysis, pull request decoration, and injection flow detection. With the Team plan, developers can scan both public and private projects for actionable insights that enable consistent and efficient Clean Code delivery all in a simple, fast time-to-value SaaS model hosted by Sonar. Teams also have control to define the quality standard they want their codebase to follow.

As a company rooted in open source, the Free plan of SonarCloud will continue to be available and will evolve through the year.

SonarCloud on AWS Marketplace

SonarCloud is available on AWS Marketplace, a curated digital catalog of independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). This enables seamless access to Sonar’s SaaS solution and acceleration of its deployment for AWS customers globally, whether on the Enterprise or Team plan. Hosted at AWS and replicated across multiple availability zones, data remains accessible in case of hardware failures or natural disasters. In addition, Sonar has joined the AWS Independent Software Vendor (ISV) Accelerate Program, which will help it to provide improved customer support and cloud cost management. Through its membership in the program, Sonar will increase the visibility of its services to AWS customers and partners. More information about SonarCloud on AWS Marketplace can be found here.

“When developers aren’t burdened by fixing issues downstream, they have more time for creativity, quicker release cycles, and advanced problem-solving, which all support a more positive developer experience and contribute to higher retention and lower recruitment costs,” added Bellingard.

30, Jul 2024
AMD Fluid Motion Frames 2 Now Available in Technical Preview

Today, AMD launched a new AMD Software: Adrenalin Edition technical preview, which introduces AMD Fluid Motion Frames 2, our cutting-edge frame generation technology designed to increase frame rates and gameplay smoothness across thousands of games. AFMF 2 is supported on AMD Radeon RX 6000 and 7000 series graphics cards and select AMD Ryzen Processors with Radeon Graphics and adds new optimizations and tunable settings for a better frame generation experience, including:

  • AI-optimized Enhancements – AFMF 2 provides significant improvements to frame generation by using AI-optimization when developing the updated algorithm, resulting in improved frame generation smoothness. In addition, to enable more control over how AFMF works with your games, AFMF 2 introduces two new modes where the optimal settings are automatically enabled but advanced users can adjust them to their preferences.
  • Performance Improvements – AFMF 2 features a new “Performance” mode that reduces the overhead of AFMF 2 to help make high frame rate gaming experiences more achievable on a wider range of devices. This is especially beneficial when using AFMF 2 with integrated graphics cards and is now the default “Auto” setting on supported AMD Ryzen Processors with Radeon Graphics.
  • Lower Latency Frame Generation – experience significant improvements in reducing latency added by frame generation with the latest version of AFMF. These improvements apply across the board when using AFMF 2, no matter the settings mode, resolution, or hardware used.
  • Other Updates and Improvements – AFMF 2 now supports borderless fullscreen mode when using AMD Radeon™ RX 7000 and Radeon 700M series graphic cards. Also, AFMF 2 now supports games that use Vulkan and OpenGL, further increasing the already vast number of games that can be used with AFMF. Additionally, we’ve enabled interoperability with AMD Radeon Chill.
30, Jul 2024
AI & Robotics Companies Led Absorption in the Silicon Valley of India – Bengaluru says Vestian

Bangalore, 30th July 2024: AI & Robotics companies accounted for 21% of Bengaluru’s absorption in Q2 2024, as per Vestian’s quarterly office market report, The Connect Q2 2024. Rapid global advancement of artificial intelligence, combined with a supportive ecosystem, has significantly driven the demand for office space in the city. Overall, IT-ITeS sector, including AI & Robotics, accounted for 69% of the city’s absorption in Q2 2024.

Bengaluru contributed the highest to pan-India absorption with 25% share in Q2 2024, followed by Hyderabad and Mumbai at 20% each. Pune reported the highest quarterly growth, around 307%, in value terms whereas absorption declined by 48% in Chennai during Q2 2024. NCR also witnessed a quarterly decline of 37% during the above-mentioned period. All the cities except Chennai and NCR reported an increase in absorption on quarter and on year.

Absorption:

City Q2 2024 Q1 2024 Q2 2023 Q-o-Q Change Y-o-Y Change
Bengaluru 4.25 2.62 3.70 62% 15%
Chennai 1.75 3.35 2.20 -48% -20%
Hyderabad 3.40 2.27 2.30 50% 48%
Mumbai 3.39 2.49 1.80 36% 88%
Kolkata 0.23 0.16 0.10 44% 130%
Pune 2.88 0.71 1.80 307% 60%
NCR 1.14 1.81 2.00 -37% -43%
Total 17.04 13.40 13.90 27% 23%

Note: Data for Grade A Office Space

Source: Vestian Research

 

 IT-ITeS sector dominated absorption with 38% share in Q2 2024, followed by BFSI and Consulting Services at 12% and 10% respectively. Flex Spaces accounted for 8% of the total absorption during the current quarter.

H1 2024 witnessed absorption of over 30 Mn sq ft, registering an uptick of 18% compared to H1 2023. As the demand for grade-A office spaces is robust across the top seven cities of India, the entire year (2024) is expected to cross the 60 Mn sq ft mark again after peaking in 2023.

Absorption reached 17.04 Mn sq ft in Q2 2024, registering an increase of 27% over the previous quarter and 23% over the same quarter a year earlier. The surge could be attributed to improved global macroeconomic scenario and India’s robust growth amid global geopolitical challenges.

Following a similar trend, new completions also increased by 17% in H1 2024 over H1 2023, reaching 23.2 Mn sq ft. Additionally, Q2 2024 witnessed a quarterly increase of 15% and a yearly rise of 10% in new completions. All the cities except Pune and Bengaluru witnessed an uptick in construction activities during the current quarter compared to the previous quarter. Moreover, Mumbai reported 3.3 Mn sq ft of new completions during Q2 2024, registering the highest quarterly rise of 230%.

Bengaluru dominated new completions with 28% share, closely followed by Mumbai with 27%. Southern cities (Bengaluru, Chennai, and Hyderabad) accounted for 57% of the total new completions reported in Q2 2024, however, the share has dropped from 63% a quarter earlier.

New Completions:

City Q2 2024 Q1 2024 Q2 2023 Q-o-Q Change Y-o-Y Change
Bengaluru 3.50 3.70 3.50 -5% NIL
Chennai 0.70 0.60 2.10 17% -67%
Hyderabad 2.90 2.50 4.10 16% -29%
Mumbai 3.30 1.00 0.30 230% 1,000%
Kolkata 0.00 0.00 0.00 NA NA
Pune 0.50 1.70 0.80 -71% -38%
NCR 1.50 1.30 0.50 15% 200%
Total 12.40 10.80 11.30 15% 10%

Note: Data for Grade A Office Space

Source: Vestian Research

 

Shrinivas Rao, FRICS, CEO, Vestian said, “Despite global geopolitical challenges, India’s office markets reported robust real estate activities during Q2 2024. The quarter has already set the tone for robust  leasing and construction activities for the current calendar year.”

Mr. Rao further added, “Real estate activities are anticipated to increase further on the back of strengthened demand from IT-ITeS and BFSI sectors. Flex Spaces are also likely to play a pivotal role in the growth of office markets in India.”

29, Jul 2024
Piwik PRO introduces real-time dashboards for instant analytics

Digital analytics and data activation vendor Piwik PRO has announced the release of its new real-time dashboards feature, which is now an integral part of the Piwik PRO Analytics Suite platform. Dashboards empower users to act on data by providing insights into their operations, performance, and progress on key metrics via visualizations delivered within seconds. It’s particularly beneficial for marketing departments in industries where timely decision-making is critical, such as publishing, ecommerce, event-related businesses, healthcare, and finance.

Digital analytics and data activation vendor Piwik PRO

In a Harvard Business Review survey, 76% of organizations admit that real-time data analytics is crucial for business performance. Instant analytics provides critical information on how viewers are interacting with content here and now. This allows businesses to monitor trends and quickly adjust to improve content performance. The numbers confirm this approach. By 2030, the real-time analytics market is anticipated to grow to $141.46 billion from its 2023 level of $28 billion, according to Verified Market Reports.
The dynamic growth in demand for real-time analytics has inspired Piwik PRO to expand the functionality of its analytics platform to include real-time dashboards, offering customers a complete set of features for data analysis and activation. What distinguishes the solution developed by Piwik PRO is its 10-second data freshness, positioning it as one of the most powerful real-time reporting features available.

Key benefits of Piwik PRO’s real-time dashboards

Instant insights: Real-time dashboards offer instantaneous data visualization, ensuring businesses can quickly react to user behavior and trends as they emerge. The data is updated every 10 seconds, with a viewing window ranging from 5 to 60 minutes.

Full customization: Real-time dashboards set Piwik PRO apart with exceptional customization options, enabling users to personalize the dashboards to suit their specific needs. Users can have multiple dashboards and arrange them according to their preferences by using custom widgets.

Wide accessibility: The feature is already available to the company’s 600+ Enterprise customers and 12,000+ users of the free Core version, as well as to every new user regardless of plan.

Feel the freedom of dashboards

Real-time dashboards deliver immediate insight into customer behavior and enable rapid campaign adjustments. This means that marketers can quickly and effectively enhance engagement, optimize content strategies, and improve ROI. Additionally, real-time data helps reduce costs by allowing timely adjustments and improvements, whether by analyzing cost-per-click (CPC) in advertising campaigns, engagement rates on social media, or conversion rates on your website.

Our new feature allows for unrestricted comparison and visualization of diverse data sets. It enables a quick understanding of how consumers react both in daily business and during special events like Black Friday. Understanding how customers interact with your content and product on different platforms, channels, and devices is crucial for improving visitor engagement and maximizing revenue opportunities at every touchpoint, Piotr Korzeniowski, CEO of Piwik PRO.

The feature, currently in beta version, is available to all Piwik PRO Core and Enterprise users. To create your free Piwik PRO Core account or get a custom demo, visit piwik.pro.