CHANNEL CHIEF
SUCHIT KUMAR , CEO , TEXUB , tells us how TEXUB provides the platform for channel partners to digitally trade and have global reach both in buying and selling . He says : “ TEXUB supports and empowers channel partners in growing their business revenue by shifting from traditional systems to digital systems .”
dDescribe your current job role and a summary of the business model of your organisation ? As the CEO of TEXUB and also one of the founder members my role is to demonstrate my knowledge and experience in driving the unique concept of B2B Marketplace trade in IT , CE and mobility . I hold the responsibility to stakeholders , partners and employees equally in driving the success and growth of the company . TEXUB is a one-stop data-driven and technology-based Global B2B marketplace , offering a safe , stable and seamless trade ecosystem to businesses for end-to-end trade in IT , CE and mobility by connecting verified sellers and buyers . Our platform provides high security , privacy , scalability and reach for improved and immersive buyer and seller experience .
What are your strengths and abilities that you bring to the above role ?
My strength is the comprehensive understanding of the business and international trade . With more than 30 years of experience in the industry , I have been able to drive sustained revenue and profit gains within highly competitive markets . With my knowledge , I was able to plan the concept of this business , ensure its viability for successful operation and inspire trust . Our business model has been based on a distinct vison and a daring action making it unique and futuristic .
Please describe the opportunities and challenges that exist for channel partners in your market ?
The future trend of business adapting connected hybrid experience will fuel digital trade . TEXUB provides the platform for channel partners to digitally trade and have global reach both in buying and selling . Through TEXUB , the partner could expand business with lower cost and enhanced profit . TEXUB has been able to eliminate the concerns of limited reach , variable price and high cost which were the major challenges faced by partners .
Which technologies and innovations can make a difference to the channel market dynamics in the near future ?
Some of the major tech innovations that can make a difference to the channel market dynamics are :
AI – The broad application of AI technologies for everything starting from customer experience , studying consumer behaviour , planning and procurement , to health sciences and from farming to space exploration , is rapidly changing our world in incredibly positive ways that most of us fail to notice .
The Metaverse – This is a fusion of physical , digital and biological worlds , a new concept of ‘ reality ’, and we would be able to experience this reality with all five human senses involved . There will be more progress in this area , but realising this grand vision will take more time .
Smart devices – We hope to see an evolution in smart glasses and lenses as going forward , the Metaverse will be experienced as an overlay of reality , rather than via visiting a gaming platform on our laptops or phones . The hardware is slowly getting there but it might take a company like Apple to launch their Apple Glasses to force a breakthrough in this hardware segment . More smart devices in healthcare and wellness would get introduced .
Suchit Kumar , CEO , TEXUB
INTELLIGENT TECH CHANNELS 63