Online election campaigns: An untapped business opportunity in India
By the day, technology companies in
As all these parties, apart from doing political campaignsto preach their ideals during elections, always swing to actions in response todifferent political issues that erupt sporadically in
For IT companies in the country, there is huge businessscope lying beneath the elections. It is estimated that in the generalelections of 2004 in India, the total money spent in campaigning wasapproximately $2.6 billion, while $1.6 billion was spent for the primary andgeneral campaigns in U.S. presidential election in 2008 (as per reported byFederal Election Commission (FEC)). Raising this fund itself is the biggestchallenge in elections and in the
However, one may doubt the viability of such a businessoptions since elections in the country are purely seasonal affairs. But thefact is that there are elections taking place in the country each year, thanksto different institutions ranging from Lok Sabha to corporation banks to whichperiodic elections are mandatory. General elections are not the only scope thatIT firms could focus on, but there are elections to the state assemblies,municipal bodies, panchayats, and other institutes. There are occasions of by-electionstoo, contributing towards bridging the time gap between two proceduralelections. And if a company with global footprint ventures into this space,they may see elections happening across the world every week, if not daily. So,those firms looking to try a hand at technologies that facilitate elections candraw their business models in accord with the election timings.
U.S. based ElectionMall Technologies, which provides toolsand services to campaigns, is one of the IT firms that see a big fortune inIndian elections. The company founder Ravi Singh has now set up an Indiansubsidiary called eSolutions, with VC funding. Singh aims to empowerpoliticians by effectively planning campaigns using software technology.
"Yes, this is an interesting time to be in India,"Singh was quoted as saying by Business Standard daily. This ‘campaign guru’ -so is he called in the U.S.- is planning to make his company a ‘democracylaboratory’, which aims at effectively planning the election campaigns by usingsoftware technology. "We do see some technology adoption by politicalparties in
There are also huge possibilities to explore. During the
A concern that this space will offer only seasonal businessfor companies is seemingly unnecessary. No doubt that the election periods willbring windfalls for the companies specializing in what can be called as onlinedemocratic affairs. But once the campaigning in cyber space is well on track,it will take the netizens to the next stage of communication where they willactively discuss and share their views on different political issues that takeplace every day in the country, thus the sites will see everyday business. Ifone explores further, there are much more possibilities where even internalelections in political parties could be made public through online. It may seemto be a utopian idea given the fact that a large number of people in India are computerilliterates. But remember, youth constitutes 50 percent of voters and they areonline too. And hopefully the future generation will not find any computerilliterate among them.
On the democratic side, the technological initiatives bypolitical parties augur well for Indian Democracy. We had been witnessingrigged elections and booth capturing by extremist elements in the country.Technology could be a solution to these malignancies. The voting evolution hasalready in place with the introduction of electronic voting machine that helpedavert ballot manipulations to a great extent. In the long run there will be atime when people can sit at home and cast their vote through error-proof onlinesolutions that will possess a high identification capacity thereby filteringduplicate votes. It’s not just a dream. We have already started full fledged e-commerce,and hence unnecessary concerns are totally irrelevant.
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