11 May 2007   Vol 1 - Issue 3

 
Article on Research: IT Kidz


IT Kidz is a study conducted by Kaybase among IT/ITES professionals in 6 cities.
We present some tidbits from the study:

  • The segment has few loan commitments and more investment plans
    A majority of individuals in this segment do not have any loan commitment and are looking to make huge investments within a year's time in real estate and durables. 1/5th of the segment have some loan commitment and a small percentage has more than one loan to repay.
  • There is enormous potential for vehicle loan providers.
    At present, 4 out of 10 individuals own a two-wheeler. 1 out of 10 individuals in this segment is currently repaying a vehicle loan. Over half of two wheeler owners plan to purchase a car within a year's time.
  • There is high penetration of personal computers and laptops.
    Close to 3/4th of the segment own either a desktop or a laptop with close to 1/3rd planning to buy a laptop within a year's time. What laptop are they looking to buy? We do not know now; an ongoing study on laptops will answer this question!
  • This is a well insured segment.
    A majority of this segment has bought Life Insurance. Life insurance to Medical insurance ratio is around 3.6:1.
  • This segment is betting on Art as one of the investment options.
    Amongst investment options mentioned by this segment featured Paintings / Art. Close to 1/5th of IT Kidz have invested in Paintings and other Art pieces.



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  NEWS AND EVENTS
 

Kaybase 2nd Anniversary

Kaybase recently celebrated its 2nd anniversary. The company has made great strides in the last 2 years, progressing from a modest 2-person operation to a dynamic team comprising 12 individuals – a sign of the clients' trust.

These 2 years have seen Kaybase diversify into the field of e-publishing with the launch of their children’s e-zine Fun & Focus. They have also ventured with equal success into the area dealing with Mobile Business Solutions.

  FROM FUN & FOCUS
  India's first online children's magazine

 

WEEKLY SPECIAL:
Unusual Sculptures

Take a look at some fascinating sculptures from around the world...

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Book Review:
IMPLEMENTATION

Reviewer: S. Lalitha Priya

To succeed, every organization has to do two things right – formulate right strategies and implement them effectively. This book is all about the latter: it thoroughly delves into the new mantra of a CEO’s ‘Implementation of Strategy’...
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Incentive-based recycling
 

Going green has gotten a lot more enticing to consumers in communities served by Philadelphia-based RecycleBank...
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