E-commerce in India has been growing rapidly with the establishment of hundreds of new e-commerce companies. According to a research done by Associated Chambers of Commerce and Industry of India (ASSOCHAM) along with PricewaterhouseCoopers (PwC), the e-commerce industry is likely to see a compounded annual growth rate (CAGR) of 35 per cent and cross the $100-billion mark in value over the next five years. With the growing competitiveness in the sector, it has become imperative for e-commerce companies to give due consideration to the implementation of robust IT infrastructure in their respective organisations.
Ravindra Krishnappa, CEO of Collatebox, an active angel investor and one of the 50 participants at the launch event which took place on Saturday said, "I was delighted to be part of this launch event. This is a much needed initiative that brings in scale thinking on technology for entrepreneurs. Not only did the entrepreneurs discuss online and ecommerce related business issues, but, there were quite a few relevant points made on opportunities in openstack, supply chain optimisation."
Another participant, Amit Sharma, a serial entrepreneur in the e-commerce space, currently working on his third start-up said: "It was amazing to be part of eMavericks launch event and interacting with so many exciting ecommerce entrepreneurs.”
Ranjit Metrani, Director & General Manager, Geo Head – South, Dell India said: “According to a recent report by Forrester, the internet population will have 125 million online buyers by the end of 2019, which also implies the e-commerce sector in India is expected to grow exponentially. Dell is known as the pioneer of the e-commerce concept, when in 1996, it opened website for business. Today Dell is a large integrated IT Company and has provided technology solutions to reputed companies such as Flipkart, MakeMyTrip, eBay and Shutterfly among many others in the online space. We provide our customers with future ready technology which enables them to provide not just technology solutions but derive business benefits.”
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