The theory that India suffered from the worst quality bandwidth, both in terms of speed, response and reliability was always more of a ‘unofficial fact’. A recent report released by Internettrafficreport.com has brought into light figures which now make it pretty official.
The site reports that overall Indian has an index of 74 with a response time of 253 milliseconds – which pretty much puts us in the backseat as far as this issue is concerned. Comparable countries like the USA has an index value of 98 and a response time of just 13 milliseconds. The higher the index the better , the lower the response time the better.
The hindubusinesline suggests that the reason for this is that despite having some of the best services, it is artificial choking and high prices that are to blame. Artificial cap restrict the availability and higher prices restrict smaller ISP’s from being able to buy the necessary bandwidth required to service their connections and thus eventually leads to a customer satisfaction nightmare.
Operator’s on the other had disagree and state that there is enough capacity and it is on a rise whereas prices are determined by ‘free market’ dynamics.
Irrespective of who is to blame or where the issue lies, it is vital for all concerned to improve the quality , reliability and overall customer satisfaction drastically. With Indian poised to be one of (if not the) largest Internet consumer with respect to connections, issues such as these hit deep and hard into slowing the overall growth of the industry with additional affects on the online advertising industry in India as well. Unless we are able to reach a critical mass which results in a bulk of the large spenders moving online, or having online budgetary components the growth in internet advertising spends remains restricted as well.
My other thought on the matter is – If operators state supply to be more than demand in India, then why the hell am i still downloading at 10KBps on a 256kbps connection ?
The US based online travel company Expedia is finally in India with expedia.co.in. The company had recorded a turnover of close to 20 Billion dollars last year and are operating in 17 countries.
The online travel industry here is estimated to be a 2 billion USD plus in2007 – 2008 and Expedia’s entry , other than strategic, also holds and add’s support to the projections.
The site will offer access to over 75000 hotels and resorts and 3000 destination activities. worldwide. I am eagerly looking forward to how some of the other established players will react now.
Livemint published a report a few days back highlight the top 10 (hottest) startup’s to look out for in 2008 from the India perspective. These companies stood out from the others in terms of their services and products offered, business models and founder credentials.
The reference points for the research were forums such as proto.in, NASSCOM and MoDeMo
The list included
Sloka Telecom Pvt Ltd
MobME Wireless Solutions
Anantara Solutions Pvt Ltd
Tyroo Media Pvt Ltd
Read the full story here.
I had written an article on online classifieds and the industry in general , about a week or so ago and was delighted to note that one of the visitors who had left some feedback was Fabrice Grinda , the Co CEO of Olx Inc, one of the largest classifieds site network in existence today.
Fabrice was kind enough to accept a request for a brief email interview which is published below.
What according to you is classifieds?
Classifieds are a form of (usually text based) advertising that allows individuals and companies to solicit sales for products and services. They appear online and offline and can be free or paid for. Traditionally they have been print ads in newspapers, but are now moving online to specialized sites like Monster or general sites like OLX
Reasons which prompted you to set up a classifieds site?
I left my previous company, Zingy (www.zingy.com) in November 2005. As I started looking for business ideas, I notice the tremendous value that Craigslist was bringing to consumers in the US market. It was bringing classifieds to the masses by allowing everyone to find roommates, baby sitters, couches, etc. for free. I also noticed that outside of the US the classifieds markets were still dominated by the newspapers who charged an arm and a leg to post.
It struck me that there was a tremendous opportunity to bring free classifieds to the rest of the world and thus provide a great public service to local communities. We took the basic concept from Craigslist – simple, local, free – and improved upon it and localized it for each country.