The Best Secured & Unified Payment Platform To Watch In 2023

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Accessibility And Innovation

2023’s Top Strategies for Successful Software Development Article
SabPaisa
Mr. Pathikrit Dasgupta Co-founder and CEO
Upshot The Harbour City The Incredible Success Story Of Adidas. Case Study The Best Secured & Unied Payment Platform To Watch In 2023

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F r o m E d i t o r ’ s D e s k

Intoday'srapidlyevolvingdigitallandscape,therisingimportanceofaunifiedpaymentsplatformcannotbe overstated.Astechnologyadvancesandbusinessesincreasinglyoperateinaglobalizedeconomy,theneedfor seamlessandefficientpaymentsolutionsbecomesparamount.Aunifiedpaymentsplatformreferstoa comprehensivesystemthatintegratesvariouspaymentmethods,channels,andcurrenciesintoasinglecohesive platform.

Onekeydriverbehindthegrowingsignificanceofaunifiedpaymentsplatformistheincreasingdemandforconvenience andsimplicity.Consumersandbusinessesalikeseekstreamlinedpaymentexperiencesthateliminatethecomplexitiesof dealingwithmultiplepaymentprovidersorsystems.Byconsolidatingdiversepaymentmethods,suchascreditcards, mobilewallets,andalternativepaymentoptions,intoasingleplatform,userscanenjoyaunifiedandfrictionless paymentjourney.

Moreover,ase-commercecontinuestodominatetheretaillandscape,aunifiedpaymentsplatformplaysapivotalrolein enablingonlinebusinessestoexpandtheirreachglobally Withtheabilitytohandledifferentcurrenciesandinternational paymentmethods,businessescaneffortlesslytapintonewmarketsandcatertodiversecustomerneeds.

Additionally,aunifiedpaymentsplatformoffersenhancedsecuritymeasuresandfraudpreventioncapabilities.By centralizingpaymentprocessingandimplementingrobustsecurityprotocols,theplatformcanmitigaterisksandprotect sensitivefinancialinformation,fosteringtrustandconfidenceamongusers.

Inconclusion,asthedigitaleconomyflourishes,therisingimportanceofaunifiedpaymentsplatformisdrivenbythe demandforconvenience,globalizationofbusinesses,andenhancedsecuritymeasures.Adoptingsuchaplatform empowersbusinessestodeliverseamlesspaymentexperienceswhileexpandingtheiroperationsinarapidlyevolving marketplace.

FeaturingforTheEnterpriseWorld’sthisissueofTheBestSecured&UnifiedPaymentPlatform

ToWatchIn2023are thestoriesofsuchcompaniesmakinganimpact.

Forthecoverreadabout-

SabPaisaisafintechcompanyestablishedinearly2016andheadquarteredinNewDelhi.Ithasdevelopedtheworld's firstAPI-driveninclusivepaymentsplatform,offeringthemostextensivecheckoutwithvariouspaymentmethods, includingonlineoptionslikecards,netbanking,UPI,andwallets,andofflineoptionslikee-Cash,e-NEFT,andBharat QR.SabPaisaalsoenablespaymentcollectionthroughcashandinstrumentswithover1millioncashcountersacross India.

SabPaisa'scommitmenttoinclusivityextendstoitsproductportfolio,coveringallsectionsofsociety,fromtherichto thepoor,bankedtounbanked,uneducatedtothespecially-abled.Asaresult,thecompanyhasgained“In-Principle Authorization”fromtheReserveBankofIndia(RBI)andisamongthefewPaymentAggregators(PA)thatcanstill onboardnewmerchantsaccordingtothelatestRBIguidelines.

SabPaisa'spaymentsandcollectionsuiteiswhite-labeledtoseveralpublicandprivatebanks,includingBOI,BOB, IDFCFirst&IndianBank,andhasalreadyprocessedmorethanINR87.2billion.Itscommitmenttoinclusivityandan innovativeapproachtopaymentprocessinghasmadeSabPaisaoneoftheleadingpaymentgateways.

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Forthecoverreadabout-

SabPaisaisafintechcompanyestablishedinearly2016andheadquarteredin NewDelhi.Ithasdevelopedtheworld'sfirstAPI-driveninclusivepayments platform,offeringthemostextensivecheckoutwithvariouspaymentmethods, includingonlineoptionslikecards,netbanking,UPI,andwallets,andoffline optionslikee-Cash,e-NEFT,andBharatQR.SabPaisaalsoenablespayment collectionthroughcashandinstrumentswithover1millioncashcountersacross India.

SabPaisa'scommitmenttoinclusivityextendstoitsproductportfolio,covering allsectionsofsociety,fromtherichtothepoor,bankedtounbanked,uneducated tothespecially-abled.Asaresult,thecompanyhasgained“In-Principle Authorization”fromtheReserveBankofIndia(RBI)andisamongthefew PaymentAggregators(PA)thatcanstillonboardnewmerchantsaccordingtothe latestRBIguidelines.

SabPaisa'spaymentsandcollectionsuiteiswhite-labeledtoseveralpublicand privatebanks,includingBOI,BOB,IDFCFirst&IndianBank,andhasalready processedmorethanINR87.2billion.Itscommitmenttoinclusivityandan innovativeapproachtopaymentprocessinghasmadeSabPaisaoneofthe leadingpaymentgateways.

E A D E R S I N S P O T L I G H T

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C O N T E N T S

Sabpaisa 12

34 42 24 Blog CASE STUDY upshot Are you a History Buff Don’t miss out on these 10 War Memorials in the U.S. ADIDAS 50 Article 2023’s Top Strategies for Successful Software Development THE HARBOUR CITY 56 Review CCT ContactPro®

C O V E R S T O R Y

SabPaisa

ACCESSIBILITY AND INNOVATION SETTING THE STANDARD FOR

MR PATHIKRIT DASGUPTA | CO-FOUNDER AND CEO

| May 2023 12

Paisa INNOVATION FOR

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Intoday'sdigitalworld,secure andunifiedpaymentplatforms havebecomeincreasingly important.Withnumerouspayment options,customersseekplatforms thatprovideconvenience,security, andeaseofuse.Onecompanystands outamongthemanyplayersinthis field:SabPaisa(SRSLive Technologies).LedbyitsCo-founder andCEO,Mr.PathikritDasgupta, SabPaisahasbeenmakingwavesin thepaymentprocessingindustrywith itsinnovativeproductsandservices. Thecompany'smissionistoprovide paymentprocessingaccessibilityto everyone,regardlessoftheirsocioeconomicbackground.Its commitmenttoinclusivityand innovationhasmadeSabPaisaa leaderintheindustry

AboutSabPaisa

SabPaisaisafintechcompany establishedinearly2016and headquarteredinNewDelhi.Ithas developedtheworld'sfirstAPIdriveninclusivepaymentsplatform, offeringthemostextensivecheckout withvariouspaymentmethods, includingonlineoptionslikecards, netbanking,UPI,andwallets,and offlineoptionslikee-Cash,e-NEFT, andBharatQR.SabPaisaalso enablespaymentcollectionthrough cashandinstrumentswithover1 millioncashcountersacrossIndia. SabPaisa'scommitmenttoinclusivity extendstoitsproductportfolio, coveringallsectionsofsociety,from therichtothepoor,bankedto unbanked,uneducatedtothe specially-abled.Asaresult,the companyhasgained“In-Principle Authorization”fromtheReserve BankofIndia(RBI)andisamongthe fewPaymentAggregators(PA)that canstillonboardnewmerchants accordingtothelatestRBI guidelines.

SabPaisa'spaymentsandcollectionsuite iswhite-labeledtoseveralpublicand privatebanks,includingBOI,BOB, IDFCFirst&IndianBank,andhas alreadyprocessedmorethanINR87.2 billion.Itscommitmenttoinclusivity andaninnovativeapproachtopayment processinghasmadeSabPaisaoneofthe leadingpaymentgateways.

InitialHurdles

SabPaisa,likeanyotherstartup,faced numerouschallengesduringitsearly days.Someofthecompany'sobstacles wererecruitingtalentedindividuals, managingcashflow,findingaproductmarketfit,anddevisinganeffectiveGoto-Marketstrategy.Whenthecompany wasestablished,thepaymentsegmentof theFintechindustrywasalreadywelldeveloped,andexistingprovidershada considerableadvantageinproduct development,partnerecosystem,and marketdevelopment.Theindustrywas highlyregulated,andpricingfor productsandserviceswasrestricted. Moreover,thethinmarginsandhighvolumebusinessstrategymadeit difficultfornewentrantstosustaina highenoughaveragerevenueper transactionwithoutanyoutsidefunding.

Toaddressthesechallenges,SabPaisa adoptedauniqueGo-to-Marketstrategy, whichallowedthecompanytopartner withbanksanduseitschannelsto promoteitsproducts.Thisapproach ensuredlowcustomeracquisitioncosts, highlifetimevalueoftheacquired customers,andlargecaptivecustomer sign-ups.Thetie-upsalsoledtobetter productdevelopmentideas,which enhancedthecompany'sproduct offerings.Additionally,certainvalueaddedproductsandserviceshelped consolidateSabPaisa'stopline. Adoptingthisapproach,thecompany manageditsresourcesefficientlyand remainedbootstrappedinan increasinglyinvestor-funded environment.

TurningPoint

SabPaisa'sgrowthtrajectorywas catalyzedbyapivotalcollaboration withAllahabadBank,whichprovedto beaturningpointforthecompany. Withthetie-up,SabPaisagainedaccess toaplatformtoofferitsproductsto largeorganizationsbankingwith AllahabadBank.Thepartnershipwasa crucialstepforSabPaisa,providingthe fledglingcompanywithamuch-needed boostincredibilityandmarketreach. Thecollaborationhelpedboth organizationstobenefit,asSabPaisa's innovativeproductsandservices complementedthebank'sofferings. Thealliance'ssuccesspavedtheway forSabPaisatocollaboratewith multipleleadingbanks,furtherfueling thecompany'sgrowth.SabPaisais gratefulforitsfirstbankpartner'strust andfaithinthecapabilitiesofastartup, whichplayedacriticalroleinits success.

Products,Services&Competition

SabPaisaoffersarangeofproductsand servicesthatcatertotheentire paymentlifecycle.Itsproductsuite includesPaymentCollection,Payouts, LinkPayments,B2Bcollections, Subscriptions,andaformbuilderfor paymentsanddatacollection,all availableinoneplace.Thecompany recognizesthatforbusinesses, paymentsarenotjusttransactions;they areanintegralpartofmultiple workflows,includinginventories, supplychains,logistics,deliveries, messaging,customerpayments,vendor payouts,EMI,andmore.Therefore,it aimstodeliverinnovativesolutions thathelpremoveroadblocksinits operations.

SabPaisaconstantlyfocuseson researchandinnovationtodeliver upgradedandscalableproductstomeet theevolvingdemandsofthemarket.

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C O V E R S T O R Y
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Co-founder and CEO- Pathikrit Dasgupta

Thecompany’ssolutionsoffer flexibility,efficiency,andeasy-to-use products,enablingbusinessestofocus ongrowthandexpansioninsteadof beinghinderedbytechnicalchallenges. Withitsadvancedsolutions,SabPaisa aimstokeepbusinessesatthetopofan ever-changingmarket.

SabPaisa'scomprehensivesuiteof productsandservicesoffersend-toendpaymentsolutions,including Paymentcollections,Payouts,APIs, andB2Bsolutions.Thecompany’s innovativeandeasy-to-useproducts providetheflexibilitybusinessesneed tosucceed.Furthermore,its commitmenttoresearchand

developmentensurestheyconstantly adapttomeetthemarket'schanging demands.

KeyFactorsBehindLong-standing Success

Sinceitsfoundation,SabPaisahas grownsignificantlytobecomealeading playerinthefintechindustry The company'sflagshipproduct,theHybrid PaymentGateway,hasenabledonline andofflinepaymentsforaUnified PaymentExperience(UPE).The introductionoftheworld'sfirstAPIdrivenpaymentsplatformin2021has madepaymentsaccessibletoall.These productshaveresultedina2xgrowthin GrossMerchandiseValue(GMV)over thelasttwoyearsanddoubledthe TransactionVolumeYearonYear (YOY).

However,thelong-standingsuccessof SabPaisacannotbeattributedsolelyto itsproducts.Thecompanyhasoneof thelowestemployeeturnoverratesin thefintechspace,withseveralmembers stillintegrallyattachedsinceits inception.Thisstabilityhashelpedto createastrongcompanyculturethat valuesinnovation,decentralized decision-making,merit-basedgrowth, andacommitmenttoservingpartners andcustomers.

Disruption

Overtheyears,India'spaymentandcard industryhasundergonesignificant changes,makingitmoreconvenient, secure,andaccessibleforconsumers andbusinesses.Herearesomeofthe mainfactorsthathavecontributedtothis evolution:

Digitization:Theriseofdigital technologieshasledtoanincreasedshift towardsdigitalpayments.TheIndian governmenthaspromoteddigital transactionsthroughinitiativeslikeUPI (UnifiedPaymentsInterface)andBHIM (BharatInterfaceforMoney).

C O V E R S T O R Y
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Co-founder- Abhimanyu Jha

CashlessTransactions:Cashless transactionshavegrowninpopularity withtheriseofmobilewallets,online banking,andmobilebankingapps. Peoplenolongerneedtocarrycashor visitATMstowithdrawmoney

IncreasedusageofCards:Theusage ofdebitandcreditcardshasincreased, withthenumberofcardholders growingandmoremerchants acceptingcardsasamodeofpayment. Thishasmadetransactionseasierand moreconvenientforpeople.

Interoperability:TheNational PaymentsCorporationofIndia (NPCI)settinguphasincreased interoperabilitybetweenpayment systems.Thismeansthatpeoplecan usedifferentpaymentappsand systemstotransfermoneytoeach other

Regulatorinvolvement:TheReserve BankofIndia(RBI)hasclosely monitoredandregulatedthepayment andcardindustrytoensurecustomer protectionandpromoteasecureand efficientpaymentsystem.RBIhas alsocomeupwiththerequirementsof authorizationforPayment Aggregators,whichhasnowmadethe segmentmoreregulated.

ThedominanceofUPI:The emergenceofUPIhasrevolutionized theDigitalPaymentenvironmentin India.Ithasbecomethecountry's mostpopularandwidelyuseddigital paymentmethod.Indiaisgrowingat thefastestrateintermsofdigital paymentadoption,andthe affordabilityofdigitaltransactionshas fueledthegrowthindigitalecommercetransactionsinamanner thatwasunthinkableduringthepreUPIera.

Launchof

DigitalCurrencybyRBI:

TherecentlaunchoftheCentralBank DigitalCurrency(CBDC)haslaid

downthepathforadoptingdigital currencywiththesecurityofthe regulatoryenvironment.Itisexpected toprovidemoreconvenienceand securitytopeoplewhilemakingdigital transactions.

Theapproach

India'spaymentandcardindustryhas undergonesignificantchangesinrecent years.Inresponsetothesechanges,

SabPaisahasimplementedinnovative strategiestoprovidecustomerswith modern,resilientplatformsthatdeliver thedesiredfeatures.

Toenhancethecustomerexperience, SabPaisahascontinuouslyimproved customer-facingproductswithfeatures likeeasyonboardingandintegration, maximumpaymentoptionsoncheckout, andaneasyreconciliationand settlementprocess.Modernizingits

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Founder & MD- Kumar Manish
| May 2023 18
Co-founder & CFO - Rajiv Moti

platforms,thecompanyhasupdated itstechnicalarchitectureandmovedto cloud-basedhostingusing microservice-basedstructures.This enablesflexibilityinupgradesatthe componentlevelwithoutdisrupting entiresystems.

Moreover,SabPaisahaspartnered withAmazonWebServices(AWS)to createanindustry-leading,cloudbasedissuerprocessingplatform.This approachoffersgreaterflexibility, efficiency,andcostsavingsthan traditionalprocessors.Additionally,it hasimplementedafraudmanagement systemthatusesartificialintelligence andmachinelearningcapabilitiesto identifycardscores,thusmitigating cardfraud.

Web3.0&Commitmentto InclusivePayments

WiththeemergenceofWeb3.0 technology,thepaymentlandscapein Indiaisexpectedtoundergo significantchanges,includingtheuse ofblockchain,cryptocurrencies, digitalcurrencies,andDeFi applications.However,SabPaisa acknowledgesthatregulatoryand adoptionchallengesmustbe addressedbeforeWeb3.0inpayments canreachitsfullpotential.

Asaforward-thinkingpayment aggregator,SabPaisaisalreadyworking towardsdevelopinginnovativeproducts andservicestomeetthechangingneeds ofthepaymentindustry.Inthefuture, customerscanexpectthefollowing productsandservicesfromSabPaisa:

AI-DrivenPayments:SabPaisais leveragingthepowerofartificial intelligenceandmachinelearningto developafraudmanagementsystemthat identifiesthecardscore,thusensuring securetransactions.Thesystemanalyzes customerbehavioranddeterminesthe transaction'sriskscore,thuspreventing fraudulentactivities.

MultipleLanguageSupport:Inadiverse countrylikeIndia,wheremultiple languagesexist,SabPaisaunderstands theimportanceofmultilingualsupport. Thecompanyplanstointroducea platformofferingmultiplelanguage supporttoensureallcustomerscaneasily navigatethroughthepaymentsystem.

TurnkeyB2BPaymentSystem:SabPaisa recognizestheimportanceofa streamlinedpaymentsystemfor businesses.Tothisend,thecompanyis developingaturnkeyB2Bpayment systemthatwillenablebusinessesto sendandreceivepaymentsquickly, easily,andsecurely

TheResponsibilitiesofan Entrepreneur

Mr.Dasguptabelievesthat entrepreneurshavearangeof responsibilities.Theymustraise funds,developbusinessstrategies, managecashflow,recruitandtrain employees,andtakecalculated risks.Entrepreneursmustbe involvedineveryaspectoftheir business,fromideationto execution.

Theymustbeabletopitchtheir businessideaseffectivelyto potentialinvestorsandsecure funding.Developingefficient processesandhiringemployees whosharethecompany'svision andarewillingtoworkhardare crucialforgrowth.Managingcash flowinvolvestrackingexpenses andrevenue,payingvendorson time,andensuringthebusiness hasenoughfundstocover unexpectedcosts.Mr.Dasgupta emphasizesthatentrepreneurs mustbewillingtotakecalculated riskstoachievesuccess.The journeyofanentrepreneurcanbe challenging,butwithhardwork anddedication,theycanmakea significantimpactintheirindustry.

C O V E R S T O R Y

Background

Mr.Dasguptahadamodesteducational background,havingcompletedhis B.Comfromalesser-knownuniversity inKharagpur.WhilepursuingtheCA course,hedevelopedakeeninterestin InformationTechnology.Hedecidedto dropoutofthecoursetoenrollina DiplomacourseonWebTechnologies fromaleadinginstitute.

ThisdecisionledhimtoworkintheIT industryforseveralyears,during whichhegainedexperienceworking withcompaniesofvarioussizes.Asa salesprofessional,hedevelopedskills insolutionsandbusinessdevelopment. Theseexperiencesenrichedhis understandingoftheindustryand pavedthewayforhimtotakethe plungeintotheFintechdomainin 2016,alongwithhisco-founders.

Mr.Dasgupta'sinterestinITandhis experiencesinthesalesfieldenabled himtounderstandthepotentialof Fintechandtheroleitcouldplayin improvingfinancialservices.Today, SabPaisaisaleadingFintechcompany inIndia,offeringinnovativepayment solutionsandservicestoindividuals andbusinessesalike.

AchievementsasaFintech Entrepreneur

Mr.Dasguptaattributeshissuccessto thesupporthereceivedfromhiscofounders,teammembers,bank

partners,andcustomers.Underhis leadership,SabPaisahasachieved significantgrowthoverthepastseven years.Ithasgrownfromasmallfivemembercompanytoa100+member company,withbusinessvolumes increasingsignificantly Asa bootstrappedcompanyoperatingina highlyregulatedindustrywithstiff competition,developingasustainable businesswithreasonableprofitshas beenasignificantachievement.

Mr.DasguptaisproudofSabPaisa's achievementsintheFintechindustry, asithaspositivelyimpactedthelives ofindividualsandbusinesses.The company'sinnovativepayment solutionshavesimplifiedmakingand receivingpayments,contributingto financialinclusion.

Employee-centricApproachand UniqueTeamCulture

Mr.Dasguptabelievesthatemployees arethecompany'sbiggestassetand prioritizestheirwell-being.The companyofferscomprehensive benefits,includinghealthinsurance, paidtimeoff,aswellastrainingand developmentprograms.Additionally, SabPaisaprovidesprofessional developmentopportunities,flexible workarrangements,andopportunities foradvancementwithinthecompany

SabPaisa'steamisuniqueinits commitmenttodiversity,equity,and inclusion.Thecompanyvalues

employees'uniqueperspectivesand experiencesandbelievesdiversity drivesinnovationandcreativity.It prioritizesopencommunicationand collaboration,encouragingemployees tosharetheirideasandfeedbackto helpimproveprocessesandoverall successasateam.

Thisapproachhashelpedbuilda supportiveworkenvironment, fosteringasenseofcommunityand belongingamongstemployees.This hascontributedtothecompany's success,ashappyandengaged employeesaremoreproductiveand investedinthecompany'sgoals.

AdvicetoBuddingEntrepreneurs

Mr.Dasguptabelievesthatbudding entrepreneursshouldfocusonthe fundamentalsofthebusinessinthe initialyearsandgainprofessional experienceincompaniesthatoperatein theirareaofinterest.Hesuggeststhat selectingco-founderswith complementaryskillsetsandmatching expectationsandambitionscancreatea formidableteam.Acarefulselectionof investors,includingangelandventure capitalists,isalsocrucialtoa company'ssuccess.Mr.Dasgupta’s advisetoentrepreneursistodevelopa sustainablebusinessstrategyandavoid highcustomeracquisitioncoststhat canhelpdrivebusinesswhile transitioningtowardsprofit.

C O V E R S T O R Y | May 2023 20
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Co- founder and CTO- Amit Tyagi
| APRIL 2023
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A Peek into the Top Tourist Attractions of Sydney, 'THE HARBOUR CITY'!

Australiaisacountryblessedwith

nature,history,andtraditionand whenwetalkaboutthemost significantcitiesinthecountry,Sydney isonenameyoucan'tmiss.Knownas thetourists'paradise,theunmissable touristAttractionsofSydneyare acknowledgedbypeoplealloverthe world.Fromdeliciousfoodtolively nightlifescenes,thecityofSydneynever disappoints.Tomakethingsmore interesting,letusintroduceyoutosome ofthelesser-knownfactsaboutthewellknownSydneycity

GoingbacktotheRoots!

Sydney'searlyhistorywasdominatedby itsstatusasaBritishprisoncolony Convictsweredroppedonthis extraterrestrialcoastandfoundthe climatehard.Thesoilwaspoor,andthe areawasrugged,requiringmanual clearing.Untilthesettlerswereableto traversetheBlueMountainsanddiscover thebetterterritorywestoftheGreat DividingRange,thelittletownwasoften shortoffood.Therewerealsofrequent clashesbetweenthegovernors,free settlers,andprisoners.

Thecity'scontemporaryhistorystartedin 1788,withthelandingofaFirstFleetof Britishshipsandtheestablishmentofa penalcolonybyGreatBritain.Sydney wasthecapitaloftheBritishcolonyof NewSouthWalesfrom1788until1900. Sydneywasdesignatedasacityin1842, andamunicipalgovernmentwas founded.Sydneybecamethecapitalof thestateofNewSouthWaleswhenthe Australiancoloniesunitedtobecomethe CommonwealthofAustraliain1901.

Whatarethemajortouristattractions ofSydney?

1. SydneyOperaHouse

TheSydneyOperaHouseis,inreality, oneoftheworld'smostdistinctive

twentieth-centurystructures,awonder, andanaccomplishmentoftremendous engineeringandarchitecture.The OperaHouse,whichissynonymous withAustralia,isoneofthemost recognizedtouristattractionsof Sydney.Itissituatedontheeasterntip ofCircularQuayandisfamousacross theglobeforitsinnovative architecture.

2. VictoriaBarracks

Thislate-Georgianhistoricmonument ofSydneycomplextooksevenyearsto completeandcontainsAustralia's oldestsurvivingarmybarracks.Major GeorgeBarney,commandingtheRoyal Engineers,oversawtheconstruction, whichincludessandstoneminedonthe site.Volunteersprovidefreeguided toursonceaweek,whichincludea30minutebandperformance, aone-hourtourofthecomplex,andan optionalvisittotheArmyMuseum. Thelatterfocusesonthehistoryof NewSouthWales'militaryservices andincludesitemssuchasweapons, clothing,andpaperrelics.

WhencanyouvisittheTourist AttractionsofSydney?

ThetouristattractionsofSydneyare oneofthemostpopulartourist attractionsaroundtheworld.Thereare nosevereweatherconditionsduetothe city'stropicallybalancedclimate, whichismaintainedallyear.However, ifyouwanttoknowwhattheseasons arelikeinSydneybeforeyouarrive, heretheyare.

Springisanexcellentseasontovisit Sydney Theweatherispleasantand comfortable,withjustenoughsunlight toallowyoutoenjoythelively metropolis.

SummersinSydneymayquicklyturn fromwarmtoscorching,soprepare

aheadoftimebypackingplentyof sunscreens,hats,andsunglassesbefore yougo.

Autumnisagreatseasontoembarkon walkingtoursanddayexcursionsfrom Sydneytoitssuburbs.

Unlikeotherplaces,Sydney'swinters aremildandnottoocold.Itisalovely timeinthecity,withlotsofthingsto dosuchaswhalewatching,hiking,and evenvisitingtheaquariums.

ThingstoKeepinMind

Herearesometipsthatwouldbe helpfulwhentravelingtoyourfavorite touristattractionsofSydney

1.Optforaferry

Ferriesareapopularmeansofpublic transportationamongcityresidents sinceitisthequickestmethodtomove fromonelocationtoanother.Itis inexpensive,quick,andenjoyable becauseharbourvistasarebestseenon oneoftheseboatrides.TheOpalCard maybeusedtoreserveandpayfor ferries.Dependingonthelengthof yourvacation,youmaychargethecard dailyorweekly.

2.Makethemostoffreeartgalleries

InSydney,thereareseveralfreeart galleries.Theseprovidesome wonderfulinsightsintoallsortsofart formsinAustraliabyservingasa platformforfledglingartistsaswellas expertswhowishtosharetheirwork withothers.Arriveatthesegalleries earlyinthemorningsincemostof themshutaroundmidday

3.Explorethestreetswithfree walkingtours

ThestreetsofSydneyareas entertainingasitsgreatsites,andfree

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walkingtoursareonewaytoexplore them.Twoofthemostpopularfree walkingtourstoexperiencethecity center,CircularQuay,andTheRocks areFreeToursSydneyandI'mFree WalkingTours.

FamousPersonalitiesfromSydney

Alongwiththetouristattractionsof Sydney,therearesomesignificant peoplefrom'TheCityofHarbour'who arewell-knowninAustralia,and aroundtheglobe.Let'stakealookata fewofthem.

1.AdamAshley-Cooper(bornMarch 27,1984,inSydney)isarugbyunion playerfromAustralia.Henowplays forKobelcoSteelersinJapan'sTop Leagueandhas116capsforAustralia,

whichisthethirdmostofany Australianplayer.Mr.Versatileishis moniker

2.IndianaRoseEvans(born27July 1990)isanAustralianactressand singer-songwriterbestknownforher appearancesasMatildaHunterin HomeandAway,BellaHartleyin H2O:JustAddWater,andEmmaline RobinsoninBlueLagoon:The Awakening.

3.JamesDavidWolfensohn(born December1,1933)isanAustralianAmericanlawyer,investmentbanker, andeconomistwhoservedasthe WorldBankGroup'sninthpresident (1995–2005).HewasborninSydney, Australia,andattendedtheUniversity ofSydneyandHarvardBusiness

School,aswellascompetedinfencing attheOlympics.Heworkedformany firmsintheUnitedKingdomandthe UnitedStatesbeforeestablishinghis owninvestingcompany.

4.RowanWoods(born1959)isafilm andtelevisiondirector,actor,and screenwriterfromAustralia.In1998, WoodsearnedanAFIawardforbest directorforhisworkonTheBoys.In addition,thepicturewasacceptedinto the48thBerlinInternationalFilm Festival.

5.RobertJohnChristoakaBobChristo wasanAustralian-Indiancivilengineer andBollywoodactor.Beginningwith SanjayKhan'sAbdullah(1980),he wentontoappearinover200Hindi filmsinthe1980sand1990s,including

www.theenterpriseworld.com | 27

Qurbani(1980),Kaalia(1981),Nastik (1983),Mard(1985),Mr.India(1987), RoopKiRaniChoronKaRaja(1993), andGumraah(1993).

TheBiggestEconomyofAustralia

Sydney'seconomyplaysavitalrolein Australia'scommerce,manufacturing, banking,education,anddistribution sectors.TouristattractionsofSydney havealsoplayedamajorrolein makingSydneyintoagigantic economyofAustralia.Sydney'sCBD

isthebiggestinAustralia,anditis surroundedbyseveralbusinessregions thatarealsoconsideredpartofSydney OneprominentexampleisParramatta, whichislargerthanotherstatecapitals.

ThecityofSydneyextendsacrossthe harbourbridgetoestablishNorth Sydney,whichisacontinuationofthe CBD.NorthSydneyhasasignificant economy,however,ithasahigh vacancyrate.Chatswood,Sydney's thirdbiggestbusinessregion,islocated onlyafewkilometersnorthofthecity

center.Chatswood'smajorbusinessis retail,andthecityhasseveralhigh-rise buildingswithadistinctskyline.20th CenturyFoxhasextensivestudio facilitiesinSydney

WhatmakesSydneySpecial?

1.Food

ThegreatestplacestodineinSydney arelargelydeterminedbyyourbudget andyourmood.Ifyou'researchingfor affordablefood,therearelotsof

| APRIL 2023 28

excellentselections.Ifyou'rereadyto payalittleextra,you'llbeableto locatesomegenuinelyamazing eateries.MisterGeeBurgerTruck, MomofukuSeiobo,andSepiaare amongourpersonalfavorites.

Whilethereisabroadvarietyoffoods andsweetsavailable,herearesome solidfavorites:

Ÿ Barramundi

Ÿ Sydneyrockoyster

Ÿ Australianprawns

Ÿ Avocadoontoast

Ÿ Baconandeggroll

Ÿ Lamingtoncake

Ÿ Potatocake

Ÿ Yellowfintuna

Ÿ

2.CulturalSignificance

Australianshavebeenaccusedof beingsportsnuts,andSydneysiders, astheyareknown,arenoless passionateaboutsportsthantheir counterpartsinotherplaces. Nonetheless,Sydneyboastsavibrant culturalandintellectuallife.

Sydney,Australiahasavibrantand diversifiedculturalscene.Manyof thedistinctculturesthatcomprise Sydney'smosaicarecenteredon cultural,artistic,ethnic,linguistic, andreligiousgroupsfounded throughwavesofimmigration. Sydneyisamajorworldwide metropoliswithathrivingarts culturethatincludesmusical,

dramatic,visual,literary,andother endeavors.

OurTop10TouristAttractionsof Sydney

1.RoyalBotanicGardenSydney

TheRoyalBotanicGardenSydney, locatedclosetotheOperaHouseand overlookingSydney'sspectacular metropolitanskyline,hasahuge collectionofexoticplantsfromallover theglobe.

TheRoyalBotanicGarden,Australia's oldestbotanicgardenandscientific institution,wasfoundedin1816. Wanderingthroughthis30-acrelush sanctuaryisatruepleasure.

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PayingavisittooneofSydney's numerousislandsisanexcellent opportunitytolearnmoreaboutthe city'shistoryandprogress.Cockatoo Islandisoneofthoseislandsthatare wellworthavisitandafundayout.

CockatooIslandisaUNESCOWorld HeritageandNationalHeritageListed islandintheheartofSydneyHarbour Theislandhasoperatedasa shipbuildingyard,aCommonwealth navalstation,andaprisonisland throughouttheyears.

3.

TherenownedSydneyHarbourBridge, whichopenedin1932,notonlyhasthe nicestappearance,butit'salsoan extraordinaryfeatofexcellent engineering.The134mhighSydney HarbourBridge,sometimesknownas theCoathangerduetoitsarch-based form,linksthecity'sCBDwiththe city'sNorthShore.

4.DarlingHarbour

DarlingHarbour,Sydney'sbiggest recreationalandpedestrianzone,is hometoawiderangeoffamilyfriendlyactivities.DarlingHarbourhas somethingforeveryone,from beachfrontrestaurantsandfrequent fireworksshowstointeresting museumsandsprawlingparks. TheSydneyAquarium,theAustralian NationalMaritimeMuseum,Madame Tussauds,theWildLifeSydneyZoo, theChineseGardenofFriendship,and theDarlingQuarterKidsPlayground areallmust-seeattractions.

5.TheRocks

TheRocks,oneofSydney'soldest neighborhoods,wasformerlyan infamousprisontownbutisnowa

renownedtouristattractionofSydney. Friendlypubs,cobblestonelaneways, oldbuildings,andavarietyof interestingeventstakeplace throughouttheyear

6.SydneyTowerEye

AvisittotheSydneyTowerEye shouldbeatthetopofyourlistof must-seesitesifyouwanttoview Sydney,theHarbour,theshoreline,and itssurroundingdistrictsfromabove. TheSydneyTowerEyeoffersthe greatestviewsofthecityfromthe second-highestobservationtowerin theSouthernHemisphere,aswellasan innovative4Dfilmexperience.

7.Sydney'sTarongaZoo

TarongaZooinMosmanisaterrific dayoutforyoungandelderlyalike,set againstthebackgroundofSydney's CBDcityscape.Therearemanyways totraveltoTarongaZoo,buttheboat ridefromCircularQuayisthemost convenient.

TarongaZoo,Australia'sbiggestzoo,is quietlynestledawayonthenorthside ofSydneyHarbourwithmagnificent cityviews.Ithasfantastic performancesandoffersintimate interactionswithmanyanimalspecies.

8.SeaLifeSydneyAquarium

TheSeaLifeSydneyAquariumisone ofthemostfamoustouristattractions ofSydney,locatedonthenorthernside ofDarlingHarbour,justnorthofthe historicPyrmontBridge.

9.TheHydePark

HydePark,locatedontheeastern outskirtsofSydney'sCBD,is Australia'soldestpublicparkland.The parkstretchesnorthwardtothe DomainandtheRoyalBotanicGarden.

Whilenotasbig,Sydney'sHydePark hasasimilarappearanceandfeelto NewYork'siconicCentralPark,owing toitspositioninthecity

10.PalmBeach

PalmBeach,located40kilometers northofSydney'sCBD,hasadistinct ambiancereminiscentofalittle subtropicalparadise.PalmBeachisa popularday-triplocationforSydney residentsaswellasaspecialized vacationdestinationforvisitors, backpackers,andAustralianand worldwidecelebrities.

HowistheNightlifeScene?

Sydneyhasgreatnightlife,including operaconcerts,karaokebars,clubs, andcafes.Thereareinfinitelocations tounwindafteraharddayatworkfor everykindofnightcrawler,soyou'll neverbestuckforthingstodoin Sydneyaftersunset.Sydneyoffers everything,fromnoisyandhectic nightclubstotranquilbeachshacksand cafés.

FrequentlyAskedQuestionsabout Sydney

1.HowtotravelwithinSydney?

TheeasiestmethodtotraveltoSydney isdeterminedbyyourbudgetand whereyouwanttostay.Ifyou're stayinginthecitycenter,walkingor usingpublictransitistypicallythe mostconvenientandleastexpensive choice.However,ifyouwanttodoa lotoftouringoutsideofthecity,you mightthinkabouthiringavehicle.Just keepinmindthatparkinginSydney mayberatherpricey

2.Howmuchdoesastaycost?

YoushouldbudgetroughlyAU$352 ($250)perdayforyourtriptothecity,

2.TheCockatooIsland SydneyHarbourBridge
| APRIL 2023 30

asyoupreparetowitnessoneofthe besttouristattractionsofSydney.The averagedailypriceisbasedon previoustravelers'costs.Previous visitorsspentanaverageofAU$55 ($39)onmealsandAU$18($13)on localtransportationinoneday

BonusFactsaboutSydney

1.Climate

SummersinSydneyarepleasant,while wintersaremild.Inthewinter, temperaturesseldomfallbelow freezing,andsnowfallisevenmore infrequent.

2.Entertainment

VividSydney,alightfestival,isoneof Sydney'smostmagnificentyearly spectacles.TheSydneyOperaHouse andtheSydneyHarbourBridgeare transformedintolightartfortourists and"Sydneysiders"fromMaythrough June.

3.Lesser-known

AnotherinterestingfactaboutSydney isthat,becauseofitsproximitytothe InternationalDateLine,itisusually thefirstmajorcityintheworldto welcometheNewYear.

TheEndnote

Fromtheprimetouristattractionsof Sydneytosomeofthelessexplored partsofthecity,thereisareasonwhy Sydneyisthebiggesteconomyof Australia.Ifyou'vereadeverythingwe havementionedsofar,yourexperience whenyouvisitthebeautifulcityof Sydneyisabouttobecomealotmore enjoyable.

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ARE DON'T 10 WAR

| May 2023 34

ARE YOU A HISTORY BUFF? DON'T MISS OUT ON THESE AR MEMORIALS IN THE U.S.

MetaDescription:Ifyoulikeunfoldingthehistorypagesby

visitingdifferentplaces,herearethe10warmemorialsin theU.S.thatyoumustvisit.

Historyfascinateseveryone,regardlessofcountry,religion,orage group.Itissomethingthattakesyouonajourneywhereyoucandive intothepast,observewhatwasrightandwherethingswentwrong,and comeoutwisertoconfrontwhatliesahead.Ifyouarealsointohistory, visitinghistoricalplaceslikeforts,monuments,palaces,andwar memorialsmustalwaysbeanoverwhelmingfeeling.

Visitingwarmemorials,inparticular,isanidealwaytopayhomageto thosewholosttheirlivesfightingforthenationandrelivetheirfond memories.Eachwarmemorialrepresentsthecountry'senthrallingand vibranthistoryandremindsusofthesacrificesandvalorofour ancestors.Ifyouareplanningtovisitawarmemorial,letushelpyou withthe10warmemorialsintheU.S.youcannotmiss.

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10WarMemorialsintheU.S.you mustVisit

1.WorldWarIIMemorial

Ÿ Location:NationalMall, WashingtonD.C.

Ÿ Opened:2004

Ÿ OperatingHours:24hours(park rangersareondutyfrom9:30amto 10pm)

TheWorldWarIIMemorialisbuiltin thehonorof16millionAmericanswho servedintheU.S.armedforcesduring theSecondWorldWar Thenationalwar memorialaestheticallyrepresents America'svictoryinWorldWarII.It has56pillarsthatsymbolizeunity amongtheU.S.statesandterritories.It alsocomprisesacoupleofsmall triumphalarchesforthePacificand Atlantictheatersthatsurrounda fountainandanovalplazaatthecenter

2.DCWarMemorial

Ÿ Location:NationalMall, WashingtonD.C.

Ÿ Opened:1931

Ÿ OperatingHours:24 hours

BrieflyknownastheDistrict ofColumbiaWarMemorial, theDCWarmemorialisone ofthemust-watchwar memorialsintheU.S. Originallyconstructedasa domedtemple,thememorial underwentrenovationin 2010.Itshowcasesthenames oftroopswholosttheirlives duringthewarinalphabetical order.In2014,theNRHP (NationalRegisterofHistoric Places)listedthememorial.

| May 2023 36

Ÿ Location:WestPotomacPark,Washington D.C.

Ÿ Opened:1995

Ÿ OperatingHours:24hours

AlsoknownastheKoreanWarVeterans Memorial,thisisoneoftheiconicwar memorialsintheU.S.commemoratingthe sacrificeofthemilitarypeoplewhodiedinthe KoreanWar.Thememorialcomprises19 statuesalongsideawallofremembrance engravedwiththenamesofmartyrs.

Ÿ Location:ConstitutionGardens, WashingtonD.C.

Ÿ Opened:1982

Ÿ OperatingHours:24hours(park rangersareondutyfrom9:30amto 10pm)

PeoplealsoknowVietnamWar MemorialasVietnamVeterans Memorial.Thememorialhonorsthe valianteffortsofthosewhoservedin theVietnamWar.Theprimaryattraction ofthismemorialistwogranitewalls engravedwiththenamesof58,318 braveheartswhosacrificedtheirlives forthecountry Allthenamesare engravedinchronologicalorder

Ÿ Location:PershingPark,WashingtonD.C.

Ÿ Opened:1981

Ÿ OperatingHours:24hours

TheWorldWarIMemorialpaystributetothe servicesofmartyredAmericancitizensintheFirst WorldWar.ItwasoriginallydedicatedinPershing Parkin1981andwasopenedtothepublicin2021. ThememorialfeaturesthestatueofJohnJ.Pershing, thethenGeneraloftheArmies.Thewallsofthe memorialalsoshowcasethesoldiers'journeys.

3.VietnamWarMemorial 4.KoreanWarMemorial 5.WorldWarIMemorial
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Ÿ Location:VermontAvenue,Washington D.C.

Ÿ Opened:2004

Ÿ OperatingHours:24hours

Thiswarmemorialservesasatributetothe UnitedStatesColoredTroops(USCT)who foughtduringtheAmericanCivilWar.It honorsthememoriesofapproximately 209,145USCT.“TheSpiritofFreedom” statueistheprimaryattractionofthiswar memorial.Itisabronzestatueshowcasing threemenfromtheinfantryandasailorwho isdefendingfreedom.

7.AmericanVeteransDisabledforLife Memorial

Ÿ Location:WashingtonD.C.

Ÿ Opened:2014

Ÿ OperatingHours:9amto5pm

AmericanVeteransDisabledforLifeMemorial isoneofthefewwarmemorialsdedicatedto thosedisabledduringthewar Thememorial honorsveteransoftheU.S.Armywhowere permanentlydisabledduringtheirnational service.Thefundraisingforthismemorial startedwaybackin2000,thetargetamount wasreachedin2010,andthememorialwas opentothepublicin2014.

Ÿ Location:ValleyForgeNationalHistoricPark,Pennsylvania

Ÿ Opened:1917

Ÿ OperatingHours:6amto8pm

NationalMemorialArchcelebratesthearrivalofGeorge WashingtonandtheContinentalArmyatValleyForge.During the1777-78continentalwar,theU.S.Armyspentthewhole winterattheValleyForgemilitarycamp.Inspiredbythe“Arch ofTitus”inRome,thearchwasplannedduringthepost-Civil Warerawhenmanywarmemorialsandmonumentswere plannedandbuilt.

6.AfricanAmericanCivilWarMemorial 8.NationalMemorialArch
| May 2023 38

Ÿ Location:1954

Ÿ Opened:ArlingtonCounty, Virginia

Ÿ OperatingHours:6amto midnight

MarineCorpsWarMemorialisa nationalmemorialthatis dedicatedtoalltheUnitedStates MarineCorps(USMC)wholost theirliveswhileservingthe country.Thememorialhonorsall themartyrssince1775.Itis inspiredbyaniconicphotograph in1945.Thephotograph comprisedsixUSMCraisinga U.S.flagontopofMount SuribachiduringWorldWarII.

Ÿ Location:GrossePointe Farms,Michigan

Ÿ Opened:1910

Ÿ OperatingHours:9amto7 pm

LiketheWorldWarIIMemorial, theGrossePointeWarMemorial isalsobuiltinmemoryofthose wholosttheirlivesinWorldWar II.Thememorialisalsoknownas RussellA.AlgerJr.House. Besidesbeingamongthetopwar memorialsintheU.S.,ithostsa varietyofprograms,including holidaycelebrations,concerts, socialdancesforschoolchildren, obedienceschoolfordogs,etc.

Thisconcludesourlistof10warmemorialsintheU.S.you mustvisit.Wehopethisbloghascoveredeverythingyouneed toknowaboutthesememorials.

So,whenareyouplanningtovisitawarmemorial?

9.MarineCorpsWar Memorial 10.GrossePointeWar Memorial
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| May 2023 42
www.theenterpriseworld.com | 43

Yesterday,oneofmyfriends

bought(whathethoughtwas) anAdidashoodiefromalocal shop.Iwassurprisedtoseethepriceof thehoodie.However,myawelasted onlyuntilIsawthespellingofAdidas onthehoodie.Justifyingitsprice,it wasspelled“Adibas”.Whileitmade forahilariousmoment,itwasan exampleofabrandgrowingsobigthat peopleweresellingproductswitha similar-lookingnameandlogoand customerswerestillbuyingthem. Tome,thiswasatestamenttothe successstoryofAdidas.Inthisarticle, wewilltakeyouthroughthesuccess storyofAdidasandthefactorsdirectly orindirectlyinvolvedinit.

WhatexactlyisAdidas?

Adidas(spelled“adidas”bythe corporation)isanabbreviationofthe

nameofthebrand'sfounder,Adolf (“Adi”)Dassler.FollowingWorldWar I,theDasslerfamilystartedproducing shoes.JesseOwens,anAmericantrack andfieldgreat,woreshoesthatwere supposedlyagiftfromAdiDassler duringthe1936BerlinOlympics.

Today,Adidas(fullnameAdidasAG) isaGermanmakerofsportsshoes, clothing,andsportingaccessories.In theearlytwenty-firstcentury,itwas Europe'sbiggestsportswearproducer andtheworld'ssecond-largestafter Nike.Adidasgoodshavehistorically beenidentifiedbyathree-stripe trademark,whichisstillusedinthe company'smodern“trefoil”and “mountain”logos.Herzogenaurach, Germany,isthecompany's headquarters.Thiswasthebeginning ofthesuccessstoryofAdidas.

| May 2023 44

PeepingintotheHistoryofAdidas!

Duringthe1950s,Adidasgained significantpopularityassoccerplayers startedusingthecompany'sshoes, whichwerelightweightandincluded screw-incleats.Thefirmsubsequently expandedintorecreationalitems, launchingsoccerfootballsin1963. Fouryearslater,Adidasstarted producingclothing.Adidaswasthe leadingbrandinsportingshoesfor manyyears,butcompetitionintensified throughoutthe1970s,particularlyfrom upstartmanufacturerssuchasNike.

AdiDasslerdiedin1978,anddespite aninnovativeendorsement

arrangementwiththerapgroupRunD.M.C.,authorsofthepopularsong“My Adidas,”thebrandendureddeclining marketsharethroughoutthe1980s (1986).In2016,thefirmannounceda newpartnershipwithartistand entrepreneurKanyeWest.Herearethe twoinstancesthathighlightthe beginningofthesuccessstoryofAdidas.

Ÿ JesseOwens,anAmericanathlete whoworeAdidasshoesandwonfour goldmedalsinthe1936Olympics, madethecompanyrenownedacross theworld.

Ÿ TheGermanfootballteam,wearing Adidasshoes,thenwontheWorld Cupfinalmatchin1954.

HowmuchAdidasspendson Marketing?

Marketingisthebackboneofa businessandgoodcompaniesoften putahighemphasisontheir marketingstrategies.Thesuccess storyofAdidastooisincomplete withoutanexclusivefocuson marketing.Intheyearsbeforethe coronavirusepidemic,itgradually increaseditsmarketingbudget,which reached3.04billionUSdollarsin 2019.Whileinvestmentfellbyover 670millionUSdollarsin2020,the corporationincreaseditsexpenditure to2.5billionin2021.

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TheAdidasGroup'smarketing expenditurescomprisebothpointof-saleinvestments,suchasin-store advertisingandshopfittings,and marketinginvestments,suchas sponsorshipcontracts,media advertising,andevents.This investmentlookstobepayingoff, withtheAdidasbrand'sworthmore thantriplingfrom2016toaround 16.48billionUSdollarsin2020. Furthermore,its2018“Originalis NeverFinished”campaignwas namedoneoftheworld'smost effectiveadvertisingeffortsin2018. However,Adidas'brandworthfell bymorethantwobilliondollarsin 2021,thusitremainstobeseen howthefirmdoesinthenextyears.

Ad Campaigns that proved

“Impossible is Nothing”!

Herearesomeadcampaignsthat playedacrucialroleinthestory ofAdidas.

Ÿ The'AllInOrNothing' Campaign

The'allinornothing'adis Adidas'mostexpensivemedia campaigntodate.Itisledbya televisioncommercial(seeabove) titled'LeoMessi'sWorldCup Dream,'whichincludesbrand ambassadorsliketheeponymous Argentinestriker,DaniAlves,and LuisSuárez,aswellasatuneby KanyeWest.

“Thisadvertisementillustratesthe

| May 2023 46

“Thisadvertisementillustratesthe “#allinornothing”mindsetby demonstratingthedevotionand commitmentnecessarytowinthis fantasticchampionship,”saysTom Ramsden,globalbrandmarketing directorofAdidasfootball.“Anything lessthan100%effortwillnotwinthe WorldCup.AtAdidas,wethinkthat being'allin'istheonlywaytoplay sport,unleashyourpotential,andgetthe mostoutofsport'sgreatestevent,”he adds.

TheTVcommercial,createdby TBWA/Worldwideanddirectedby FernandoMeirellesoftheCityofGod, airsduringcoverageoftonight's(May 23)ChampionsLeaguefinalandis supportedbysocial,in-store,andecommercepushes,aswellasexperiential andPRactivitythatwillseeabranded mediahubondisplaythroughoutBrazil. Adidas'marketingspendingunderscores thesignificanceoftheWorldCupasit seekstostaveoffcompetitorNike'sdrive forprimacyinthefootballclothing industry

Ÿ ImpossibleisNothing

Oneofthemostnoteworthycampaigns forthefirm,thecampaignwascreatedby 180/TBWAinAmsterdam,although TBWAChiatDayinSanFranciscoalso contributedsignificantly Thisadvertisementfeaturedfootball greatDavidBeckhamandboxinghero MuhammadAli.

ThatiswhyAdidas'new“Impossibleis Nothing”adstrikesthetargetintermsof inclusivemarketing.Theadoffers personaldocumentary-stylevideosofa rangeofathletesandotherhighly chronicledpersonsfromacrosstheglobe, illustratingtheirpathstogreatness.

Whatmakestheadvertisingstandoutis howdiverseitisintermsofsports, genders,races,andcultures.

Ÿ AllAdidas

The“allAdidas”campaignhighlights thebrand'sreachacrossseveralsports, cultures,andlifestyles,withcelebrities likefootballplayersLionelMessiand DavidBeckham,NBAstarDerrick Rose,andmusicsensationKatyPerry.

Competitors that made it difficult for Adidas!

Toestablishitselfamongthebest, companieshavetobeabreastofwhat's goingoninthemarket.New competitorsemergeeveryday,posing criticalchallengesforcompaniesand leaders.Adidashasalsoconquered manycompetitorstoreachwhereitis today.Herearetheprominent competitorsinthestoryofAdidasthat madelifedifficultforthecompany

3.NewBalance

NewBalanceisanAmerican multinationalcorporationwith manufacturingoperationsintheUnited StatesandtheUnitedKingdom.The itemsofthisfirmaremorecostlythan thoseofrivalssuchasAdidas,Nike, andUnderArmour.Therationalefora premiumpriceisproductqualityand technologicalintegration,aswellasthe factthatcustomersintheUnitedStates andtheUnitedKingdomalwaysfavor high-qualityitems.Inthefootwearand clothingcategories,NewBalanceis posingasignificantcompetitionin frontofAdidasandnumerousother well-knowncompanies.

Doyouknowwhotheworld'sleading footwearandclothesbrandis?Nikeis theonlyappropriateresponse.Itisone ofthemosttrustedbrandsinsearchof inspirationandinvocationinthelives ofallpeoplewhohaveabody.Nikevs. Adidashaslongbeenatopicofdebate amongpeople.Thankstoitsconstant pursuitforexcellence,Nikehas propelledAdidastocomeupwithnew, moreinnovativeproducts.

FilaisaKoreansportsbusinessthat makesandsellsfootwearandgearfor bothsportsandleisure.Filaisan excellentoptionforthemajorityof individualsinanysociety'smiddle class.Filahasalonghistoryof sponsorship,includingtheAustralian cricketteam,theKoreanfootballteam, andmanymore.Thecorporationoften supportsevents,andmanyathletesand sportsfiguresserveasbrand ambassadors.FILAhasalsochallenged Adidaswithitsseveralproducts.

PUMAisanothersignificantAdidas opponentworthnoting.Thereasonfor thisisthatPumaandAdidaswere previouslyrunbyRudolfandAdolf underthebrandnameGebrüder DasslerSchuhfabrik.Later,their relationshipdeteriorated,andthe corporationwassplitintotwofirms, AdidasandPUMA.PUMAisnow fightinginthemarketwiththeAdidas brand.

Anotherpopularsports,footwear,and casualclothesbusinesslaunchedin 1996.Theorganizationhasshowna strongcommitmenttothegarmentand footwearindustries.UA'sbusiness operations,accordingtothefirm annualreport,aretodesign,market, andsellfootwear,performancegear, andassociatedaccessoriesforwomen, men,andyouth.UnderArmouritems arewornbyathletesandactive lifestylecustomersrangingfrom adolescentstoprofessionals.Its clothinggoodsaccountedfor66%of

1.Nike 2.Puma 4.FILA 5.UnderArmour
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itsincome,whileNorthAmerica accountedfor76%.Withouta question,UnderArmourisa formidableopponenttoAdidas.

ControversiesintheStoryofAdidas

Thejourneyofsuccessfulcompaniesis oftenaccompaniedbycontroversies. ThestoryofAdidasisalsoincomplete withoutcontroversiesthatshookthe businesstoitscore.Herearetwoofthe majorAdidascontroversies.

1.

Adidasattemptedtolaunchashoein 2012thatwasafarcryfromits

customarysleek,athleticfootwear(via CNN).TheJSRoundhouseMaids wereeye-catchingstreetshoeswitha uniquedesignfeature:theywerelinked toayellowrubbershackle,whichwas usedto“lock”theuser'sfoottotheleg withachain.“Gotasneakergameso hotyoulockyoursneakerstoyour ankles?”statedtheproduct'sFacebook announcement.

TheJeremyScott-designedshoes,on theotherhand,hadamajorflaw.Not surprisingly(exceptforAdidas),a shackle-themedsneakerdidnotgo downwellinanationwithadarkand well-documentedhistoryofslavery. Manyindividuals,notablycivilrights iconReverendJesseJackson,

expressedoutrageovertheshoe's design,claimingthatitremindedthem ofslavery AdidassaidthattheJS RoundhouseMidwasallaboutfashion andhadnothingtodowithslavery Recognizingthattheshoewasalost cause,thefirmapologizedand terminatedtheproduct.

2.

Adidaswaspreparingforthe2018 FIFAWorldCupinRussiawitha nostalgicproductin2018.However, whentheyrefertoaregimethatis responsibleforsomeoftheworst momentsinRussianhistory-including varioushorribleeventsthatEastern Europeancountrieshadtogothrough

Adidasattemptedtolaunchthe ShackleShoe. USSR-ThemedAdidasProducts
| May 2023 48

duringtheirtimewiththeUnionofthe SovietSocialistRepublic-fun callbacksaren'talwaysallthatfunny Peopleinthesepost-USSRnations obviouslydidn'tunderstandthesense ofAdidassellingUSSR-branded goods,andindignationquicklyerupted inareaslikeLithuania.“Beingunwell with'imperialnostalgia'stillhappens. However,thatisquiteshocking comingfromthewell-known @adidas.”Thecountry'sMinistryof ForeignAffairssarcasticallytweeteda photographofthecompany'sUSSRthemedsportsattire.Manypeople askedwhetherAdidasmightrelease uniformswithNaziinsigniainthe future.

PartnersinSuccess!

Overitstenure,Adidashas collaboratedwithseveralbrandsand personalitiestotakeitsproducttothe nextlevel.Hereareacoupleof interestingcollaborationsinthestory ofAdidas.

Ÿ TheAdidasYeezycollaboration

Someoftheadidas'mostsignificant partnershipshaveoftenincludedhiphopstars.KanyeYEEZY-branded shoes,PharrellWilliams,Pusha-T,and MissyElliottendorsementshaveall beenlaunchedbythelabel.Adidas' influenceonhip-hopcanbetraced backtothemid-1980sandRunadorationDMC'softhebrand's tracksuitsandshell-toeSuperstar shoes,whichculminatedinthe1986 song“MyAdidas.”adidasSamba, adidasStanSmith,andtheclassic shell-toeadidasSuperstarshapesare amongthemostwell-knownshoe types.

Thesportswearbehemothhasalso collaboratedwithstreetwear companieslikeABathingApeand PalaceSkateboards,aswellashigh

fashiondesignerslikeYohji Yamamoto'sY-3collection,Raf Simons,RickOwens,Stella McCartney,andAlexanderWang.

Ÿ CollaborationwithManchester United

AdidasandManchesterUnitedagreed toaten-yearkitpartnershipinJuly 2014,commencingwiththe2015-16 PremierLeagueseason.Thiskit agreementhasaguaranteedminimum valueof£750million(US$1.29 billion),makingitthemostlucrative kitdealinsportshistory.Nikehasbeen replacedastheclub'sworldwide equipmentsupplier.

AndyMurray,theformerWorldNo.1 tennisplayer,wasannouncedas Adidas'highest-paidtalentin November2009,withafive-yeardeal allegedlyworth$24.5million.They havealsosponsoredtheball-boyand ball-girloutfitsattheATPTennis TournamentinMasoninCincinnati. Adidasalsohascollaborationswith MalibuTennisCamp,GreenFitness GmbH,andSchöler&Micke SportartikelVertriebsGmbH.

ExpansionsinthePipeline

Adidasisconsiderablyincreasingits investmentinwomen'sactivewearand sportsfootwearaspartofitsnew 'ImpossibleisNothing'campaign.The companyclaimsitwouldspend“more thaneverbefore”onwomenand LGBTQ+personsinsports,whichwill bereflectedinbothnewgoodsanda newmarketinglanguage.

AdidasdebutedStayinPlay,a collectionofperiod-proofapparel,in June2021toassistminimizethedropoffinathleticsthatoccurswhen womenbeginbleeding.TheAdidas UltraBoostsneaker,builtspecifically forwomen'sfeet,willbeavailablethis

quarter.Adidasisalsoofferingawhole lineofsportsbrasin72sizes,created with43models,inresponsetodata thatshowed90%ofwomenhavean ill-fittingsportsbra.Thecompany mentionsthatthisproductisbeing broughttomarketforwomenby women.

TheConcludingNote:

So,theseweresomeofthemost importantfacetsofthesuccessstoryof Adidas.Itwouldnotbean exaggerationtosaythatAdidasis currentlyamongthetopfew sportswearcompaniesintheworld. AndaslongasAdidasproductsare beingsoldlabeledas“Adibas”,or “Abidas”,thesuccessstoryofAdidas isboundtoaddnewchapterstoit!

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2023’S

TOP STRATEGIES FOR SUCCESSFUL SOF TWARE DEVELOPMENT | May 2023 50
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| May 2023 52

Introduction:SuccessfulSoftware

Development

Thesoftwaredevelopmentindustryisa dynamicandever-evolvingfieldthat requirescompaniestobeontopofthe latesttrendsandadvancementsto remaincompetitive.Withnew technologiesandinnovationsemerging onaregularbasis,itcanbechallenging forcompaniestokeepup.However, it’sessentialforcompaniestostay informedandadapttochangesinorder tosucceed.Inthisarticle,we’lldive intothetopstrategiesforsuccessful softwaredevelopmentin2023. We’llexplorethelatesttrends,best practices,andcutting-edge technologiesthatcompaniesshould embracetostayaheadofthecurve. Whetheryou’reaseasonedsoftware developerorjuststartingout,this articlewillprovidevaluableinsights andguidanceforhowtosucceedinthe fast-pacedworldofsoftware development.

So,buckleupandgetreadytodiscover thetopstrategiesforsuccessful softwaredevelopmentin2023:

1.EmbraceAgileMethodologies

Agilemethodologieshavebeena game-changerinthesoftware developmentindustry,andthey’rehere tostay Agileapproaches,suchas ScrumandKanban,allowteamsto quicklyrespondtochangesanddeliver high-qualitysoftware.

2.FocusonUserExperience(UX)

Userexperience(UX)shouldbeatthe forefrontofallsoftwaredevelopment projects.Companiesmustprioritize theirusers’needsanddesignsoftware thatmeetstheirexpectations.Investing inUXresearchandtestingcanleadto betterengagementandhighercustomer satisfaction.

3.UtilizeCloudComputing

Cloudcomputinghasrevolutionized thewaysoftwareisdevelopedand deployed.Byleveragingcloud services,companiescanreducecosts, increasescalability,andimprove security.FromAWStoMicrosoft Azure,thereareplentyofcloud servicestochoosefrom.

4.EmpowerYourTeamswith Automation

Automationistransformingthe softwaredevelopmentindustry,and companiesmustembraceit. Automatingroutinetasksfreesup teamstofocusonhigher-valuework andhelpstoreducetheriskoferrors. ToolslikeJenkinsandGitHubActions aregreatoptionstoconsider

5.CollaboratewithRemoteTeams

WiththeCOVID-19pandemic,remote workhasbecomethenormformany teams.Toremaincompetitive, companiesmustdevelopstrategiesfor effectiveremotecollaboration.Tools likeSlackandMicrosoftTeamshave madeiteasierforremoteteamsto communicateandworktogether

6.InvestinCybersecurity

Cybersecurityisagrowingconcernfor companies,andsoftwaredevelopment teamsmustprioritizeit.Fromsecure codingpracticestoregularsecurity audits,therearemanywaystoreduce theriskofcyberattacks.

7.TurntoBespokeSoftwareLondon forCustomSolutions

Forcompaniesthatrequirespecialized softwaresolutions,bespokesoftware Londonproviderscandelivercustom softwarethatmeetstheiruniqueneeds. Bypartneringwithatrustedprovider, companiescanachievetheirgoalsand achieveacompetitiveedge.

Conclusion:

Softwaredevelopmentisarapidly evolvingfield,andcompaniesmust keepupwiththelatesttrendsand advancementstoremaincompetitive. Byembracingagilemethodologies, focusingonUX,leveragingcloud computing,automatingtasks, collaboratingwithremoteteams, investingincybersecurity,andturning tobespokesoftwareLondonproviders, companiescanachievesuccessin2023 andbeyond.

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PRODUCT REVIEW

Founder: Uwe Kreuter

Founded: 1991

Headquarters: Frankfurt, Deutschland

No. of Employees: 50+

Website: www.cct-solutions.com

ContactPro® Review

Overview:

CCT is leading the way in multiexperience customer engagement solutions. CCT helps companies communicate with existing contact channels and next generation customer interactions. CCT provides web and mobile based applications for on prem and cloud deployments. This includes the automation of voice, web, email, chat, co-browsing, instant messaging and video, ensuring customer service agents and knowledge workers adapt easily to the changing customer expectations, decreasing contact center costs and providing efcient relationships with their customers.

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BackgroundofCCT:

CCTservescustomersaroundthe globe.Focusedonmidsizedandlarge organizationswantingtoachievea competitiveadvantagewith individuallydesignedcommunication andcontactcentersolutions.CCT ContactPro®isapowerfuland scalableomnichannelcontactcenter solutionwithanexcellentagent desktopandintelligentautomation functionality.Enablingefficient servicesforanexcellentcustomer experience(CX).

Ouremployeesarecertifiedexperts. Constanttrainingandeducationaswell asknowledgetransferwithour partnersassureprofessional implementationandexcellentsupport. Customspecificimplementations providethebestpossibleintegrationof existingsystemsandnewcomponents. Enablingdemand-orientedactivation ofinnovativefunctionsandservices.

TofulfillindividualrequirementsCCT offerstailoredsupportandmanaged service.

Ourexpertsareavailable24by7to assistandhelpclientsortodeliver proactiveservices.Inourprojectswe useprovensystemsandsolutionsfrom well-knownvendors.Toassurebest serviceforourclients,ouroperation andsupportstructureisalignedwith theprocessesofourkey-partners.

ProductDetails:

CCTContactPro®(CP)istheperfect solutionforautomationandtheagent desktopinanomnichannelcontact centerenvironment.Contact-Pro® empowersagentstoefficientlyserve customersintoday'sdemandingworld ofomnichannelcommunication.The state-ofthe-arttechnologysolution helpsleverageexistinginfrastructure whiledecreasingcontactcentercosts andincreasingcustomersatisfaction.

Theflexibleandadoptabledesktopin combinationwithautomationand integrationcapabilitiesenables efficientserviceswiththebest availableresourcesattherighttimeto deliveranexcellentcustomer experience(CX).Higheragent productivity,therightinformationfora successfulcustomerdialogand reducedover-headthroughautomation increasetheagentproductivity, Customerjourney,CRM/ERPsupport, Reporting&Analytics.Increased customersatisfactionandCX, Consistentinformationthroughall mediachannelsandintegrationofselfservicesystemswithAIdriven automationincreasecustomer satisfaction.

Optimizedworkflowsandnew services,aworklistconceptand configurablefunctionsprovidea flexiblealignmentwithdesired workflows.Itenablesaneasy implementationofnewservices. Inbound,outbound,call-backand omnichannelhandling.CCT ContactPro®supportsblendedinbound andoutboundinteractionsincluding call-back.Tooptimizethecustomer experienceCPoffersfullomnichannel capabilities.

OtherProminentFeaturesofCCT

ContactPro®:

Ÿ StrategicConsulting

Ÿ SolutionDesign

Ÿ Systemintegration

Ÿ SoftwareDevelopment

Ÿ CustomizedTraining

Ÿ CloudandManagedServices CCaaS

Ÿ CommunicationPlatformasa ServiceCPaaS

Ÿ CCTContactProUnifiedDesktop

Ÿ Omni-ChannelSoftware Solution

Ÿ VoiceManagementincl.CTI

Ÿ Voice Recording/Compliance/Quality

Ÿ RealtimeAnalytics/Agent Coaching

Ÿ Outbound&AgentScripting

Ÿ EmailManagement

Ÿ Mobile&WebChat Management

Ÿ MobileBusinessChat

Ÿ SMSIntegrations

Ÿ ConversationalAIIntegration Cognigy/Google

Ÿ GoogleDialogFlowIntegration

Ÿ PCICompliancecertified

WhyPeopleShouldUseYour Product?

Ÿ IncreaseyourAgent productivity,optimizeyour Agentengagement“happiness” withahighlyefficientUnified AgentDesktopWorkspace

Ÿ Reduceaveragehandlingand reducethecostspercontactsby 30-50%,reducecostforagent training.Increasethefirst contactresolutionrate.

FrequentlyAskedQuestions:

HowisCCTbetterthanother solutions?

CCTensuresmulti-experience customerengagementsolutions. Thesoftwareadaptseasilytothe changingcustomerexpectations, thusdecreasingcontactcentercosts andprovidingefficientrelationships withtheircustomers.

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HowdoCCTSolutionsoperate?

CCTSolutionsoperatein4basic steps-

1.Purchaseorrent–Weadapttothe financingpossibilitiesofyour company

2.Subscriptionsmodels–Usage-based subscriptionmodelssupportcloudbaseddeployment.

3.ManagedService–SimplyletCCT operatethesysteminacomputer centerwiththehighestsecurityand availabilitystandards.

4.LifeCycleManagement–CCT managesyourcontactcenter,agent productivityimprovementsandthe ongoingoptimizationofthecustomer experienceinallprojectphases.

Categories:

ACD/Omnichannel/UnifiedDesktop /IVR/ERMSSelf-Service/ KnowledgeManagement

WorkforceManagement/Dialer/ Outbound/ConversationalAI(Chatbot, Voicebot)Reporting/

CustomerAnalytics/KPI´s/Robotic

ProcessAutomation/Distance Learning/WebBasedTraining

InstantMessengerCRM/Customer ServiceSoftware/Chat/Videochat/ Co-Browsing/Remote

VisualQuality-Management

Costing:

SubscriptionPricingbetweenBasic Package40–PremiumPackage80 USDperconcurrentAgentpermonth

*TermsandConditionsApply

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