Tuesday, November 17, 2020
Wednesday, August 26, 2020
Python for Data Science - Machine Learning Module
Registration Link: https://forms.gle/ovQ3F1uDShDyoDhT6
Please Share with your colleagues, friends, and other interested participants.
Thanks
Rajesh Prabhakar Kaila
Mobile - 90009 61141
Email - krpresearch@gmail.com
Thursday, July 9, 2020
Sunday, June 21, 2020
Thursday, March 5, 2020
Monday, February 24, 2020
R Shiny Application for Forecasting Share Prices using ARIMA
The Application downloads share price data from Yahoo Finance and uses the data to plot a Candle stick chart with Relative Strength Index (RSI) Indicator.
Interpretation of RSI:
a) RSI falls into Oversold Category if it falls below 30%
b) RSI falls into Overbought Category if it raises above 70%
c) The RSI calculates average price gains and losses over a given period of time; the default time period is 14 periods with values bounded from 0 to 100.
Just Copy & Paste the code in R Shiny App in R Studio as App.R or separately ui in ui.R and server in server.R
Please be careful in regards to indentation.
R Shiny Application Link: https://krpresearch.shinyapps.io/stockprediction/
R Shiny App Code:
Interpretation of RSI:
a) RSI falls into Oversold Category if it falls below 30%
b) RSI falls into Overbought Category if it raises above 70%
c) The RSI calculates average price gains and losses over a given period of time; the default time period is 14 periods with values bounded from 0 to 100.
Just Copy & Paste the code in R Shiny App in R Studio as App.R or separately ui in ui.R and server in server.R
Please be careful in regards to indentation.
R Shiny Application Link: https://krpresearch.shinyapps.io/stockprediction/
R Shiny App Code:
library(shiny)
library(quantmod)
library(fpp)
ui=fluidPage(
titlePanel("StockPrediction"),
sidebarLayout(
sidebarPanel(
helpText("Select Ticker Yahoo Finance"),
textInput("symb","Symbol","GOOG"),
dateRangeInput("dates",
"Date Range",
start="2007-01-01",
end=as.character(Sys.Date())),
br(),
br()
),
mainPanel(plotOutput("technical"),plotOutput("summary"))
)
)
server=function(input,output){
dataInput=reactive({
getSymbols(input$symb,from=input$dates[1],
to=input$dates[2],auto.assign = F)
})
output$technical=renderPlot({
data=dataInput()
chartSeries(data,type="candlesticks")
addBBands()
addRSI()
})
output$summary=renderPlot({
datadf=as.data.frame(dataInput())
dataclose=datadf[,4]
dataclose=na.omit(dataclose)
fit=auto.arima(ts(dataclose,frequency = 7),D=1)
summary(fit)
plot(forecast(fit,h=50))
})
}
shinyApp(ui=ui,server=server)
Tuesday, April 16, 2019
Non-Linear Revenue Strategy for Indian IT industry Key to Survival
Gone are the days of double-digit revenue growth for the Indian
IT industry as companies have focused on the digital transition and
cloud-led disruption that impacted revenue growth negatively. Digital
businesses currently 20% -30% of Indian IT firms revenue, will continue to
drive future growth and contribute 50% of revenue by 2021.
Digital is different from offshoring which is nonlinear revenue
model compared to off shore’s linear revenue model as the number of employees
increase the revenues will also increase. In the nonlinear model, a smaller number
of employees more revenues or revenue per employee much higher. How Indian IT
Industry adjusts to nonlinear revenue model, reducing dependence on large
clients and adopting latest technologies is key to success of large and medium companies.
Margins also improve if a company has a
non-linear revenue model such as revenue based on outcome-based work. Indian tech players have been very proactively
responding to customer and market demands for reskilling and non-linear
approach of growth.
There had been 30% to 40% fall in net headcount addition in Indian IT
services firms over the past few quarters indicate a positive trend of
non-linear growth. Net employee addition by the top four Indian information
technology (IT) services companies in 2017-18 dropped
by more than three-fourths. Despite this companies showed good revenue, as the non-linear revenues drove the
industry that also led to margin increase and profitability. Even though
non-linearity strategy is being aggressively adopted, companies still hire the
required number of people when there is a client demand for certain
technologies or skill sets.
Non-linear disruptive revenue per employee growth
will increase in coming years for Indian IT services as there will be higher
Billing Rates for IoT services, Digital Transformation Deals and companies will
keep up the growth at steady pace. Company officials and industry experts are of the opinion that factors
like automation, rise of fixed price contracts and emergence of new levers of
revenue flows are aiding the nonlinear drive. Indian IT firms are focusing
their efforts towards non-linear growth, including
investments in technology platforms, steps taken to consolidate, and automating
of processes.
Saturday, October 25, 2014
Global Legal Process Outsourcing Market 2014 -2010 – India Dominates as Europe Opens up
According
to a NASSCOM-CRISIL study, India is a dominant player in the Global Legal
Process Outsourcing industry and is expected to continue its growth at an average
rate of 25%-30% annually. NASSCOM highlights that the Indian LPO sector has
engaged more than 18,000 professionals currently with annual revenue of USD 960
million and is expected to grow to USD 1.3 billion by 2015. The global market is expected to grow to $8.56 billion in
2020, from $1.39 billion at the end of 2013, according to estimates from Grand
View Research. The market is growing at over 25% on a consolidated annual
growth rate basis. The US is the dominant market for the legal process outsourcing
industry and Indian LPO players are seeing opportunities in Europe as financial
services firms and companies on the continent look to cut costs. "Europe
is opening up to legal process outsourcing and we see a lot of interest from
India-based LPOs. Within a year or two we will start to see definite momentum
in them setting up delivery locations on the continent," Andrew Burgess,
director at UK-based outsourcing advisory Source said in an interview to
Economic Times. "We have just seen demand from European banks which are
facing regulatory pressures. We already have one European bank as a customer,
another deal is just in closing and more deals are in the pipeline," Mohan
Ayyangar, chief operating officer of LPO firm Pangea3, told Economic Times.
Indian LPOs
have significantly moved up the value chain wherein initially legal research
assignments related to finding case laws, statutes, rules and regulations were
outsourced but more work is now being
outsourced related to preparing preliminary drafts of legal documents for use
in foreign courts. Further tasks such as contract management, patent drafting,
prior-art searches, due diligence and even litigation support, in the form of
document review, are also being outsourced to Indian LPOs. Most of the LPO work
done in India is outsourced by financial Services firms but other industry
segments are also looking to outsource legal work to India particularly MNCs
that operates in many countries need to maintain different legal documents and
requirements as per the local jurisdiction requirements. "We are seeing an increased demand from Europe from
global Fortune 500 companies that have operations in Europe and from the ones
that are headquartered there. It's a very important market for us and we are
expanding our existing operations," Pavan Vaish, global chief operating
officer for UnitedLex Corp told Economic Times.
Europe
presents a big challenge for Indian LPO players both in terms of Language and
legal systems. “LPO services
started in document review and the discovery space and the main pick up was
seen in common law countries. We will have to look at LPO in Europe differently
and look at more process-oriented services like intellectual properly,
compliance and contract management," Kunal Purohit, country head for
private equity-backed Integreon, told to Economic Times. Indian LPO is smaller
in size but gradually increasing its size and is expected to continue its
growth in the near future. Competition from countries
like Vietnam, China, Hungary, Czech Republic and the Philippines is increasing
but Indian companies will continue to dominate due to the quality of work and
talent Indian LPOs offer, rather than their lower costs.
Global Procurement Outsourcing Market 2014 – Expected to continue growth
According to Everest
group Research, the procurement outsourcing
market grew by 12 % (YoY) in 2013, and is expected to grow by 10-12 per cent in
2014. Everest Group further forecasts
the market will expand to between $270 billion (£158 billion) and $275 billion
(£161 billion) in spend, and reach $2.2 billion (£1.3 billion) in annualized
contract value in 2014 compared to managed spend of $254 billion (£149 billion)
and $2 billion (£1.2 billion) in annualized contract value in 2013.
TechNavio's analysts
forecast the Global Procurement Outsourcing Market to grow at a CAGR of 22.48
percent over the period 2013-2018. According to research from Information Services
Group (ISG), the first half of 2014 has seen a decrease in the number of
companies outsourcing procurement work and the outsourcing market as a whole
achieved a record-high annual contract value during the second quarter,
reaching $6.4 billion (£3.7 billion). Based on the performance seen during the
first half of the year, ISG expects annual outsourcing contract value to grow
25 per cent over the year as a whole.
Everest Group also
highlighted emerging markets of Asia Pacific, Middle East and Africa, and Latin
America are driving the procurement outsourcing market growth and more end to
end procurement process outsourcing deals also tripled in the past three years.
Everest Group said: “The market is currently in a
state of flux, with record new deal signings and a record number of
terminations, simultaneously. Such volatility, attributed to switching of
service providers, is an indication of reducing stickiness”.
The prime value
proposition for procurement outsourcing still remains cost and spending cuts
but other functions like category expertise, technology related and governance
and compliance related is also on rise. Collaboration between procurement and
other enterprise functions like Finance & Accounting, Human Resource,
Supply Chain and Manufacturing. Accenture, IBM followed by Indian vendors
dominate the market and India dominates the delivery location as most of the PO
work is done from India based on the location of the number of Full Time
Equivalent employees. Manufacturing segment followed by Financial Services, CPG
& Retail, Energy & Utilities are the verticals that are outsourcing the
procurement activities.
Procurement outsourcing is subcontracting of key procurement requirements
of an organization to a third-party vendor who has expertise in the required
domains which helps businesses to focus on their core business activities and
benefit from reduced costs and spending generated by PO vendors. But businesses
have to be careful in PO as they have to clearly define the performance
criteria and SLAs so that the process moves in line with the business
objectives. According to Abhishek Menon, practice director at
Everest Group, “Procurement outsourcing makes an attractive business case for
both buyers and service providers who have remained disciplined, vigilant and progressive.”
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