UiPath plans to grow its business in India as companies seek ways to automate daily processes to save costs and increase employee productivity.
The multinational software company, currently valued at over $7 billion, has received a total of over $1 billion in funding from investors such as Sequoia, Capital G, Accel and the Madrona Venture Group to date.
It closed a Series D in its latest round in April, raising Coatue-led $568 million and joined by others such as Dragoneer, Wellington and Sands Capital.
In addition to the private sector where it has made strong inroads, UiPath in India works on pilot projects from government organizations such as India’s Provident Fund and Coffee Board, Bharti said.
“While we are at very initial stages, the level of interest is high,” he said.
Founded in Romania and headquartered in New York, UiPath has historically had a strong Indian connection as it first realized the country’s RPA potential when Sutherland, a Chennai-based BPO company, asked for a solution to a problem, Bharti said. Today it counts among its Indian customers some of the top companies such as Mahindra & Mahindra, Star TV, Piramal Group, Tata Steel, Kotak Mahindra Bank and HDFC Bank.
Overall, the UiPath market is divided into five geographies – US, EMEA (Europe, Middle East and Africa), Japan, Asia Pacific (APAC), and India. “India’s value as a market is obvious from the fact that it is considered as a separate market. Together, Japan, APAC and India contribute over 30 percent of our total revenue,” Bharti said.
Bengaluru is also one of the company’s three regional innovation centres. There are two others in Romania in Bucharest, and in Seattle in Bellevue.
UiPath closed December, with an annual recurring revenue (ARR) of $360 million, up from $100 million in ARR in July 2018. It has a global client base of 6,000 organizations and a community of nearly 750,000 RPA developers worldwide.
India ranked 52 out of the 57 countries surveyed in the Women Entrepreneurs ‘ Index 2019
The ORF researches suggested that Indian women entrepreneurs need better access to finance and networks
The ambitious Startup India initiative by the Centre, Stand-up India, has failed to attract women entrepreneurs. According to the Economic Survey 2019-20, just 43 percent of the 27,084 recognized startups in India had a woman director as of January 8.
Women’s participation remained low even in those states that were top performers in terms of state-wise distribution of recognized startups — Delhi, Maharashtra, and Karnataka, according to the survey.
India also ranked 52 out of the 57 countries surveyed in the Women Entrepreneurs Index 2019.
What’s worse, the number of funded startups with at least one female co-founder decreased from 17 per cent in 2018 to 12 per cent in 2019, according to Innoven Capital, a venture debt and lending site. “Apart from the lack of credit insurance, women have no risk covering possibility financially. For first time visitors, there is a lack of formal support system and they give up even on the smallest challenge. Overall, one needs to get help from families in a stressful climate, “said Ranjana Kumari, director, Social Research Centre.
According to industry-wise distribution of known startups, IT services accounted for 13.9 percent followed by health and life sciences (8.3 percent) and education (7.0 percent), the economic survey shows. “Women make up 70% of the global health workforce and are the primary carers for elderly people and children. Given their strong predominance in healthcare, investor interest in women’s health startups remains limited,” said Savitha Kuttan, CEO, health-tech startup Omnicuris. “Whilst Startup India has helped budding entrepreneurs engage with industry leaders, formulate and execute business plans, we need to focus on promoting women entrepreneurs in the science and healthcare sector.”
The government said that while startups are driving economic growth, creating jobs, and cultivating an innovation culture, it does not seem to help women enterprises.
“Women are lacking in the initiative of Startup India, because many women who start their initiatives are not in the limelight or are professionally mentored.
Additionally, when it comes to funding, women are not only scrutinized about how they ‘d manage their businesses, but also their families in parallel, which isn’t a filter men are put through, “said Riya Saxena, innovative finance associate, the United Nations Development Programme (UNDP).“ Thus women need to break through to filters to raise capital and grow their businesses.
A recent research paper published by Observer Research Foundation (ORF), a think tank on public policy, concluded that low rates of female entrepreneurship are part of a wider gender gap in economic participation and opportunity.
The paper titled “India’s Women Entrepreneurs: What’s holding them back?” We observed that policies aimed at including more women in senior positions and leadership positions are needed to help them gain experience and knowledge, thereby enabling them to start their own businesses.
“In particular, women in rural areas are a potential gold mine when it comes to entrepreneurship and need to be supported through skills and handholding,” said Neha Rastogi, founder and CEO of the healthtech company, Agatsa.
Prime Minister Narendra Modi launched on 15 August 2015 the initiative Startup India, Stand-up India, to encourage entrepreneurship among the youth. The initiative aimed to build an environment that is conducive to startup growth.
ORF reseachers also recommended that Indian women entrepreneurs need better access to finance and networking. Organizations such as NITI Aayog’s Women Entrepreneurship Network, Catalyst for Women Entrepreneurship, and Zone Startups India’s Women in Tech Accelerator provide women entrepreneurs with dedicated support, he added.
Last year, Microsoft’s Project xCloud launched a preview of its ambitious game streaming service which aims to deliver games to any screen — console, PC or mobile. The service, however, has only been available on Android for mobile users until now. Today, that changes as Microsoft is bringing the Project xCloud preview to iOS devices by way of Apple’s TestFlight program.
Microsoft had been testing xCloud on iOS internally but had yet to open it up to the public. Unfortunately, the iOS test will be limited. As is standard with Apple’s TestFlight platform, the new build will be limited to only 10,000 testers.
That’s not likely to be enough places to meet demand, Microsoft admits and says first-come, first-serve invites will be distributed. To get around the restriction, Microsoft is preparing to boot out some early testers during the public beta to make room for new testers.
“Those who are accepted into the iOS TestFlight preview may not necessarily participate for the full duration of the preview,” the company explains via a blog post. “As noted earlier, there are limited spaces available, so for testing purposes, we may need to cycle through registrants in order to best utilize the available testing audience. This also means that even if you miss out on the initial allocation, you might receive an invitation to participate later in the preview,” it says.
The iOS preview will also be limited to only one game: “Halo: The Master Chief Collection.” In addition, this particular test won’t include the preview of Xbox Console Streaming as the Android test currently does.
To qualify, testers will need a Microsoft account associated with their Xbox Gamertag; an iPhone or iPad running iOS 13.0 or higher and Bluetooth v. 4.0; a Bluetooth-enabled Xbox One Wireless Controller; access to Wi-Fi or a mobile data connection that supports 10 Mbps-down bandwidth; and, optionally, a third-party controller mount for phone-based games (like this one).
The move to bring console-quality games to smartphones marks a change in the gaming strategy for Microsoft. The company understands that it can only sell so many consoles, for starters, but mobile phones are everywhere. Furthermore, people today want to play games on any available device – not just the big home TV screen. And for some users, mobile is their only screen.
Meanwhile, cross-platform gaming is becoming increasingly popular, thanks to titles like Fortnite, Minecraft, Roblox, PUBG and others, which proved that mobile experiences can match consoles.
Microsoft’s Project xCloud aims to make it easier for developers to build games that work everywhere. This is no small task, as it required Microsoft to architect a new customizable blade that hosts the component parts of multiple Xbox One consoles, as well as the associated infrastructure needed to support it. It also needs to ensure the technology can deliver games at console speeds with low latency, so mobile users don’t feel like they’re getting a second-rate experience.
Instructions on how to access the TestFlight here.
Content editor @ StartupHub.in. Mad about photography and startup ideas.
What are the key tools and software for product managers in 2020? Update your gear with this tailor-made guide and shine through your product management Software and tools!
Humble beginnings legends in tech have become legendary. A few geniuses, a garage and an ambitious vision: all that’s needed to kick-start a digital revolution.
Would you think this is the way most people do it?
Face it, not all of us are destined to change tech’s face. Or perhaps we are; but the majority of us work hard, one day at a time. And you will appreciate every possible help. A great team, better management and a fresh product make things easier. But you can’t choose them for real. Most of the time, you’ll enter current projects with their difficulties and issues.
However, using the best software and tools for product management are things you can choose from. Find out which tools and software for product management can help you achieve PM excellence in 2020.
Considerations of before selecting for product management software and tools
Let’s just be transparent first of all. Essential to the budget. Product managers range from remote workers doing support work for various small businesses; to PM bosses in huge tech firms with branches all over the world. Clearly the budgeting will be different in both situations. You also need to be mindful of traditions: you may be at a big business, but perhaps management is used to using “freemium” solutions instead of charging for full services.
Now, as we’re talking costs; make sure you have top-notch protocols on defence. How much data do you want to share with third parties? A security risk is something that you simply won’t be able to handle when things escalate. Another important economic issue is whether the tasks you want to conduct with the product will be performed in your offices or in a third-party setting. In reality, who is your audience: outsiders; colleagues? What kind of team is it that will use these tools?
Such issues matter, as software for product management also has different levels of “users.” Those levels may determine access to different areas: Managers may only be concerned with some. Until choosing one form of product management method or another, keep Hierarchies in mind.
Finally: It’s about integrity. Have a debate with your squad. What is their level of competency? Do they understand interfaces which are “user-unfriendly”? Or would they prefer a slickly crafted programme? Talk to them, get opinions and make sure the team can use whatever you choose.
Once these issues have been resolved, go through the list and select the product management tool and program that best suits your needs.
Best Product Management Software and Tools Available For All Needs
This is an important exercise in Product Management. While PMs are known to be adaptable, mapping the route illuminates the kind of stakeholder negotiating skills and data-led planning that make brand management so successful.
A Product Manager will have both a positive and a negative view. That is, they will know when to delete something that isn’t working. This is a very valuable skill: if you’re working alone, you’re saving time and money; if you’re working in a company like Google, you’re saving a lot of time and money.
That backlog on the rise, right? If you want to keep it down you need a good tool which shows you exactly what you need to do to get back on track, both visually and in terms of data.
Any of the product management tools suggested above for task administration work. Keep in mind, though, that certain tools align with specific methodologies. For example, if you aren’t dealing with small, Agile teams; they might not be helpful to your team. Restyaboard represents a perfect example. You may need to train the teams so they can work at full speed!
This methodology is used across many disciplines and tools belonging to other fields may be used by Product Managers. Tools like Restyaboard and Binfire are perfect enough for small and medium-sized enterprises.
Restyaboard offers a lot of features for larger operations, and Planbox integrates spaces for various teams to operate on the cloud. In short, it’s all about the goals. Would you like to invest in a richer, more dynamic framework for product management? And will you use that freemium software to support your Sprint along with more conventional text, data and presentation tools?
A Product Manager without data is nothing. Your insight could even be based on decades of experience, but you are going nowhere without reliable analytics. On the surface, like a standard spreadsheet, Product Management tools like Airtable work. In addition, it can extend to become a fully-fledged database.
Google Analytics is a free and basic tool for tracking your metrics online, but if you want to go into more detail we recommend Mixpanel, where you can track user interactions and even run A / B testing. Salesforce also offers the adept user potent CRM tools.
All in all, if you put any effort into Product Management data analytics, a decent Excel or Google Sheet can be of great help.
You need to hear the noise out there in this day and age.
First, you need tools to get customer feedback, understand and react. Zendesk is one of the most common out there; Freshdesk (with brand customization) and Userengage (adding CRM) are alternatives. Sadly, there are no good free options: customer management is still very much a premium service.
You will then need software to collect information about your goods. SurveyMonkey, Google Forms, Survey Anyplace and Typeform are useful for prompt customer requests. UXCam is an interesting view of how consumers use their products.
Restyaboard is a business-rich, open-source application designed to track and visualize the project’s progress. Using a simple and familiar task-based card format, users can combine Trello, Asana, Github, Kantree.io, Pipefy, Taiga, Taskwarrior, and Wekan boards into a single glass table.
Collect user reviews directly from within your app with Instabug, without affecting the app experience of your users. Send tailored surveys to different groups of users, and gain clear insights.
MailChimp and Customer.io finally provide powerful tools to get in contact with your customers via email. MadMimi works if your ambitions are more modest; if you want to cover all corners Intercom is just fine.
Listening to your users is fundamental. Otherwise, you are developing your product in the dark!
This list is not exhaustive. Yet its category division should make you think about your needs. What are your weaknesses? Think of them as the positions you can move from and boost the operations of your product management. You can do wonders for efficiency, connectivity, and performance by adding a new tool to your arsenal.
Switching and trying between different tools does not cause any harm. Never believe it’s too hard to change: we’re in the transformation market, after all! Obviously, if you need a better approach to all of this, you might need to look into Consumer Thinking. And freshen up your methodologies.