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Data Loss Higher Among Indian Organisations, Says Study

The results showed that Indian organisations experienced 130 per cent growth in data against a global average of 569 per cent since 2016

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Data,Privacy
A French soldier watches code lines on his computer during the International Cybersecurity forum in Lille, northern France, Jan. 23, 2018. VOA

Companies in India lost more data last year — averaging 3.31 terabytes costing $1,287,788, against a global average of 2.13 terabytes costing $995,613 globally, according to a new study.

Around 85 per cent of Indian companies are using at least two data protection vendors, in comparison to 75 per cent worldwide, said the third edition of Dell EMC “Global Data Protection Index”.

The most common type of disruption faced by organisations in India using two or more vendors were unplanned systems downtime (51 per cent), data loss (36 per cent) and local disaster that affected access to data for an entire site/group (34 per cent).

Although unplanned systems downtime is more prevalent, data loss is far more expensive.

California, Fire prevention, wildfires, Insurance
Joe Balog, a workforce management director at Travelers, examines weather, social media and other data from recent natural disasters inside the company’s catastrophe response command center in Windsor, Connecticut. VOA

For example, in India, those who encountered downtime experienced 29 hours of downtime on average in the last 12 months, costing $958,583 (vis-a-vis 20 hours of downtime for global leaders, costing $526,845).

The research surveyed 2,200 IT decision makers from both public and private organisations with over 250 employees across 18 countries and 11 industries.

Also Read- Study Claims, China Shifts Away From Coal-Fired Power Plants Due To Environmental Concerns

The results showed that Indian organisations experienced 130 per cent growth in data against a global average of 569 per cent since 2016.

“The key in organisations’ digital transformation journey is the generation and analysis of data. Businesses in India are seeing better potential in the value of data & are monetizing it more than its global counterparts,” said Ripu Bajwa, Director and General Manager — Data Protection Solutions, Dell EMC, India. (IANS)

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Canon India Ramps Up Efforts To Grab Healthcare Imaging, Security Market

On the camera front, India offers great opportunities in segments like wedding, wildlife, sports and media

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Canon India also showcased EOS-1D X Mark III - the flagship product from the Canon EOS range, featuring latest advancements and innovations in digital imaging technology. Wikimedia Commons

After cementing its position across four key business verticals — camera, home printers, office printers and commercial printing solutions — Canon India is now ramping up its effort to top the growing healthcare imaging and security surveillance market in the country, a top company official said here on Wednesday.

After grabbing a substantial share in the Indian market in the professional printing segment which has been among the fastest growing verticals for Canon in India, the company now eyes diagnostic imaging market which is witnessing a tremendous growth with new super-specialty hospitals and diagnostic centres being opened at a fast pace, including in the tier II and II towns.

“In 2020, our key focus areas will be medical and security verticals in India. There have been a strong demand in the field of diagnostic imaging like MRIs, CT scans and X rays in the recent past which, we think, is an important segment for us in this country going forward,” Kazutada Kobayashi, President and CEO, Canon India, told IANS.

Although India will be the youngest country in the world by 2020 with a median age of 29 years, the number of elderly people is likely to increase significantly after that, according to the “State of Elderly in India” report.

By 2021, the elderly population will reach 143 million.

Canon
After cementing its position across four key business verticals — camera, home printers, office printers and commercial printing solutions — Canon India is now ramping up its effort to tap the growing healthcare imaging and security surveillance market in the country. Wikimedia Commons

According to market research firm Mordor Intelligence, the increase in life expectancy over the years has resulted in an increase in the population of the elderly. Hence, the growing geriatric population is expected to augment the demand for diagnostic imaging equipment.

The global medical imaging market was approximately $34 billion in 2018 and is expected to generate around $48.6 billion by 2025, according to Zion Market Research, and the of a huge patient pool and rise in the number of hospitals and diagnostic centres in India, Japan and China are anticipated to fuel the medical imaging market in the Asia Pacific.

“Today, if you go to a hospital and take a picture of your chest, that needs to be printed on a film. We propose to print that on a paper. This is my economical and environmental-friendly vision,” said a beaming Kobayashi on the sidelines of the launch of its flagship camera EOS-1D X Mark III.

According to him, security is another big area to focus on.

“Security surveillance camera systems have come of age and at Canon, we are aiming to make a revolution in this area soon,” said the executive.

Canon’s business in India is divided between business-to-consumer (B2C) and business-to-business (B2B) verticals.

The B2C category includes camera and home printers while B2B includes commercial printers and sales to corporates and MSMEs.

Canon India also showcased EOS-1D X Mark III – the flagship product from the Canon EOS range, featuring latest advancements and innovations in digital imaging technology.

“On the camera front, India offers great opportunities in segments like wedding, wildlife, sports and media. One great observation is that the demand for high-end cameras is also coming from smaller Indian towns and we are excited about this,” said C. Sukumaran, Director, Consumer Systems Products and Imaging Communication Products, Canon India.

Priced at Rs 575,995 (taxes included) for the body, including 512GB CF Express Card and Reader, the EOS-1D X Mark III will be available mid-February onwards at select retail outlets across the country.

The EOS-1D X Mark III offers an unmatched continuous shooting speed up to 16fps with viewfinder shooting. It houses a newly developed 20.1MP Full Frame CMOS sensor.

canon
After grabbing a substantial share in the Indian market in the professional printing segment which has been among the fastest growing verticals for Canon in India, the company now eyes diagnostic imaging market which is witnessing a tremendous growth with new super-specialty hospitals and diagnostic centres being opened at a fast pace, including in the tier II and II towns. Wikimedia Commons

“The newly developed algorithms in the camera enable not just eye detect and face detect autofocus but also head detect autofocus. This allows highly precise autofocus and tracking even in challenging conditions and with multiple and rapidly moving subjects,” informed Sukumaran.

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According to Kobayashi, the high-end camera will further enable the company promote the photography culture in India.

“Our latest offering will cater to the growing list of professional photographers in India and open up newer possibilities in the imaging space,” he added. (IANS)