Online repurchase and selling

In this month’s lead feature, we look at how an online portal has been able to build a long term business model around the buy and sell of used cars in India. Set up in 2008 by brothers Amit and Anurag Jain, CarDekho has evolved to become a unicorn in October 2021.

It all started after we visited the Auto Expo in 2008, says Anurag Jain, COO and Co-founder of the group, adding that they realised that there was a clear lack of information on cars and their features.

Today, the CarDekho Group currently operates auto portals such as CarDekho.com, Gaadi.com, ZigWheels.com, BikeDekho.com, and PowerDrift.com. Besides, it offers customers avenues for selling and buying used cars and provides financial services, including car and health insurance and automobile finance.

Our vision is to construct a complete ecosystem for consumers and car manufacturers, dealers, and related businesses such that consumers have easy and complete access to not only buying and selling cars but also manage their entire ownership experience, says Anurag.

Moving ahead in this edition, we present a selection of what IT industry executives think about 2023, around forecasts, trends, predictions.

There is a new emphasis on location of people, assets, applications says Aruba HPE’s David Hughes. The focus is shifting to the location of work activity and assets, identity of people and machines, realtime applications being used and by whom or what.

The large number of IP based surveillance cameras deployed regionally are now also powerful sensors for a variety of uses cases say Johan Paulsson at Axis Communications. The focus is shifting from pure analytics to insights meant for specific use cases, telling you something is wrong, and helping you decide what action to take.

Chris Stephens at Callsign feels that security shortcomings in social media will be amplified inside the Metaverse. Everything wrong from a security perspective with social platforms will become worse in metaverse. How are people going to be protected inside the Metaverse from digital compromise? 2023 will see a new population of people who have never fallen victim to fraud before.

Deep fake technology fraud will escalate because there are few tools on the market that can stop these frauds.

John Engates and Matthew Prince at Cloudflare, feel that passwords may come to an end and FIDO Alliance passkey may become standard in 2023. Cloud platforms will add built-in compliance standards to reduce the challenges for majority of enterprises.

PRINTED BY Kaizen Offset 3, DSIDC Complex, Okhla, Phase - I New Delhi - 110020

While the migration to cloud has provided benefits to enterprise CIOs, Greg Day at Cybereason feels the big shift to SaaS has fragmented more than a decade’s worth of work to simplify and consolidate corporate Identity and Access Management.

The accelerated cloud adoption during pandemic has now lost sight of where sensitive data lives. 73% organisations suffered at least one ransomware attack in 2022, compared with just 55% in 2021.

Turn these pages to read more about what 2023 holds in store.

Best wishes for the back to business months ahead.