tech:

taffy

India PC Shipments Will Grow 17 Percent In 2012

[Techtaffy Newsdesk]

India PC shipments are expected  to reach 12.5 million units in 2012, a 17 percent increase from 2011, according to forecast by Gartner. The PC industry is benefiting from the Tamil Nadu state government deal, wherein the government aims to give away laptops to the students of state-aided colleges and high schools – to fulfill the pre-election pledge made by the chief minister. This will add approximately 920,000 units to total shipments in 2012 and will be a major contributor for an estimated double-digit growth. Without considering this particular deal PC market is expected to grow 8.4 percent in 2012.

“High inflation, increased cost of living and smartphone penetration are forcing consumers to extend the life of their computing devices,” said Vishal Tripathi, principal research analyst at Gartner. “Consumers are not very enthusiastic about investing in new and advanced features and form factors which comes at a premium price. “

The new form factor Ultrabook has its advantage in terms of looks, style, light weight and battery life. However, at the current price point it’s not going to be a persuasive device for consumers in the Indian market, which are primarily driven by price points more than technology innovations. It remains to be seen whether Windows 8 and Ultrabook will create the compelling offering that will get the early adopter of devices excited about PCs again. Media tablets might see higher adoption as compared to 2011, but they are not going to have any major impact on the PCs as they are still the second or third devices for consumers. Although some enterprise sectors, such as the fast-moving consumer goods (FMCG) and banking, financial services and insurance (BFSI) sectors, are opting for tablets for front end sales force atomization.

“Commercial spending in the large enterprises may remain stable for some time, but with uncertainty in the global economy it might soften in the months to come. Consumers were waiting for the annual budget with the hope of some cuts in PC prices, but with the increase in excise duty, the cost of PCs will go up. This will result in some slack in consumer demand in the months to come, “said Mr. Tripathi.

 

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.