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Forget about AI GPU scarcity: data center operators may have to wait a whopping three years to get key component — and this may be killing off competition by driving smaller operators out

TechradarTechradar · 1y ago
Forget about AI GPU scarcity: data center operators may have to wait a whopping three years to get key component — and this may be killing off competition by driving smaller operators out
Medial

The scarcity of GenAI GPUs has led to increased demand, higher costs, and reduced availability. However, data centers are now facing another challenge of limited space and power. Small companies offering HPC colocation services are struggling to find available data center capacity. A report from JLL predicts that data generation will double in the next five years, requiring more data centers and energy-efficient designs. Power grids are reaching capacity, and new data center construction may take up to 3.5 years, posing a challenge for smaller operators. The competition for resources might drive them out of the market.

Datatribe builds data driven tech products for organizations across sectors

EntrackrEntrackr · 1y ago
Datatribe builds data driven tech products for organizations across sectors
Medial

Bengaluru-based Datatribe builds affordable and SaaS products for organizations that help them harness their own data. Its first two products are myLearn (an organizational learning platform) and Parcel (a product cycle management platform), and the company plans to release a performance management product later this fiscal year. Each of these products are Tier – iI ERP products, which founder and CEO Nikhil Chandra says are easy to deploy and provide real time tracking and analytics. We spoke to Chandra to learn more about Datatribe, what its business model is, and the roadmap ahead. Here are the edited excerpts: How did you come up with the idea of Datatribe? Datatribe came about based on our experience with taking our first two products (myLearn and Parsel) to market – for product details please see www.datatribe.co.in. While working with clients, we realized that a core problem for organizations across sectors and sizes was the inability to harness and utilize their down data that was being generated on a daily basis. This could be people-based data (like learning) or product data (like production, storage, delivery) or performance-based data (like productivity) and creates a strong need for data focused technology products. We also believe strongly that this wave of data focused technology has begun the world over and will fundamentally change the manner in which business is done. Please help understand how you generate revenues. (Explain business model). Since we are a B2B focused organisation, our revenue model is based on subscription charges from organisations. This could be a one time subscription or a recurring subscription amount depending on the product. For e.g. in myLearn we charge clients on a per enrollment/subscription basis for roll out of existing content on the platform and provide clear proving options on the platform itself. What are the key challenges in the industry that have not been addressed yet? And how do you plan to address this? The key challenge with respect to data is the lack of an easy system to access data and make it available to the right people within an organisation. This challenge can largely be addressed only by technology and current systems to do so are expensive and cumbersome to deploy (essentially large-scale ERPs). We are addressing this by providing the SME and enterprise market with affordable, SAAS based data driven products for multiple parts of their business. How are you using technology to solve challenges in the industry? Aside from being SaaS-based and easy-to-deploy, one of the key items for our products will be the enhancement provided by AI/ML tools. For e.g. in the Parsel product we have integrated an AI/ML fulfillment tool that ensures not only putaway and pick list generation but also efficient use of manpower in warehouses. Also, in myLearn we have a unique Dashboard that allows the organization to directly deploy and manage all their learning requirements while providing real time data. The Dashboard also allows an organization to track learning across SBUs, designations and teams to ensure that actionable data intelligence is available with them. How has your startup performed since inception? We have just taken both our products out of proof of concept, and this is the first year for Datatribe. During proof of concept, myLearn created learning outcomes for over 20,000 employees at multiple organizations including Hindalco Limited and the Tata group. Similarly, Parsel has between 400-500k monthly SKUs on the platform. What are your short-term and long-term goals in terms of product and business expansion and diversification? Our short-term goal is to build a pipeline of recurring revenue across our product portfolio. This has started well in this FY and we aim to be at a profitable MRR and over 4 million monthly SKUs on Parsel by H2, FY25. Our longer-term goal is to help SMEs and Enterprises become more productive and competitive using their own data along with scaling a profitable global business. Who are your nearest direct and indirect competitors? Which are the larger global players in the industry? Each of our products have specific competitors locally as well as globally. For e g. The primary competitors for myLearn are Coursera and udemy which provide organizational learning alternatives in a slightly different fashion.

Low-cost spot bitcoin ETFs threaten to erode Coinbase margin, trading volume

Economic TimesEconomic Times · 1y ago
Low-cost spot bitcoin ETFs threaten to erode Coinbase margin, trading volume
Medial

Analysts are warning that the introduction of low-cost spot Bitcoin exchange-traded funds (ETFs) could negatively impact Coinbase, the largest listed cryptocurrency exchange. The availability of ETFs, which offer exposure to Bitcoin at a cheaper cost, could lead to a decline in Coinbase's trading volume, margins, and commissions. Additionally, it may divert potential customers to equity brokers. While Coinbase maintains no plans to reduce transaction fees, analysts believe the exchange may need to lower fees to remain competitive. However, Coinbase could still benefit from the adoption of Bitcoin as a currency and potential custody fees from holding the underlying assets of ETFs.

Evify brings last-mile delivery to non-metro cities with EV logistics

EntrackrEntrackr · 1y ago
Evify brings last-mile delivery to non-metro cities with EV logistics
Medial

India’s electric vehicle market is set to be worth nearly $114 billion in 2029 with a CAGR of 66.5%, according to a report by Fortune Business Insights. The exponential growth in the EV space comes on the back of the government focus on sustainable mobility, increased VC capital infusion in the industry, and consumers’ wide embrace. Surat-based Evify is one of the relatively new startups that is looking to stand out with its strategy to focus on logistics in non-metro cities. Founded in 2021, Evify has essentially set up a facility where riders can come to their hub, pick up an EV to start deliveries, and return the vehicle at the end of the day. The company takes care of the maintenance of the vehicles. The startup currently operates in Surat and Ahmedabad, and has facilitated 11 lakh deliveries in the last one year. We spoke to the company co-founder and CEO Devrishi Arora to learn more about Evify, the idea behind the logistics EV startup, business model, and more. Here are the edited excerpts. What do you think are the key challenges in the emobility space? Since we come from a non-metro city, where the EV eco system is still at the nascent stage, there is no infrastructure available for the smooth functioning of the vehicles. There’s a scarcity of charging stations, inconveniencing EV users. Secondly, delivery riders lack awareness of EV benefits and savings. Thirdly, high initial EV costs, compounded by elevated RTO charges in states like Gujarat, and a scarcity of repair stations inflate expenses. Fourthly, concerns about EV range and charging infrastructure persist, particularly in Tier II cities with longer distances. Fifthly, limited availability of EVs and components, coupled with inadequate after-sales service, hampers adoption. Lastly, overcoming perceptions of EVs as less reliable requires client confidence, which we foster through pilot projects. How are you using technology to solve these challenges? We have also installed all the vehicles with telematics devices which helps us to geofence the vehicles, remote immobilization, study the rider driving pattern as well as idle time pattern of the riders. This has helped us to have control on our fleet as well as the riders. We have also been creating a full stack tech platform which will help us to study the rider analytics, battery analytics, BMS , IOT data, clients data, vendor data, ancillary industry data, repairs and maintenance, charging stations, etc under one single platform. How has your startup performed since inception? We started in September 2021 with just 30 vehicles and one client in Surat ie. Big Basket. Today, we have close to 500 vehicles servicing six major clients Zomato, Swiggy, Big Basket, Bluedart, Ecom Express, Flipkart in Surat and Ahmedabad. We are also launching our operations in Vadodara soon in the coming months. We have so far raised $1.3 million from GVFl and Piper Serica as the VC investors. The target is to have a fleet of 10,000 vehicles in the coming 2 years spread across 10 cities of Bharat. What are your short-term and long term goals? Our goals for the upcoming year involve expanding our presence in the four major cities of Gujarat and achieving a fleet size of 5,000 vehicles by the end of the next financial year. Additionally, we aim to establish the necessary EV ecosystem in these cities through collaborations with other EV players, fostering synergies, and raising awareness about this segment in Tier II cities. Looking ahead, our broader vision is to evolve into a green logistics service provider. This encompasses implementing green warehousing practices and facilitating first-mile, mid-mile, and last-mile deliveries using electric vehicles. Furthermore, we intend to partner with drop delivery services to offer comprehensive mid-mile delivery solutions to our clients.

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