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On the Occasion of National Technology Day 2022, Industry Leaders Talk About the Pertinence of Digitisation

National Technology Day 2022 is being celebrated today, and industry leaders highlight how vital technology has become in the current age

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National Technology Day 2022

National Technology Day 2022 is being celebrated today, and industry leaders highlight how vital technology has become in the current age

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National Technology Day 2022 is being celebrated today, and the day is commemorated to pay an ode to India's technological prowess. Atal Bihari Vajpayee, former prime minister of India declared on 11 May 1998 after the country successfully tested nuclear weapons in Pokhran, Rajasthan that the day would be celebrated as National Technology Day. The technology industry is an extremely dynamic field that is in a state of constant evolution. Therefore, industry leaders from across different verticals are on this day talking about how technology has changed over the years, and has become all the more pertinent especially after the pandemic.

The theme for this year's National Technology day 2022 is “Integrated Approach in science and technology for a sustainable future”.

Kunal Purohit, Chief Digital Services Officer, Tech Mahindra

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Today, technology has become all pervasive  and helps create needle moving outcomes across all industries and governments as well. The development and adoption of solutions through advanced technologies, including intelligent automation, artificial intelligence, Metaverse, Blockchain, 5G, and Quantum Computing can impact one or more of the following: a) significant reduction in the cost of doing business b) increase in revenues through increased differentiation and c) higher customer delight. 

Sachin Alug, CEO, NLB Services

Navigating the post-covid world requires a certain level of digital literacy both in and outside of work. Speaking of work, remote and hybrid models have compelled employees to have at least an intermediate understanding of tech for their daily tasks. From tracking attendance to managing projects and frequent coordination with fellow teammates, a 2022 employee needs digital skills to get by on a daily basis.

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Anku Jain, MD, at MediaTek

Post pandemic, technology has become a mainstay for every sector and company. With deep tech innovations such as AI, IoT, ML and cloud computing becoming the norm, and technology being leveraged for even the most basic requirements, people lacking digital literacy will find it difficult to prosper in the new normal. Organisations need to focus on imbibing digital literacy and upskilling employees to participate in the tremendous growth opportunities available across sectors.

Rushi Bhatt, Senior Director and Head of AI at Compass IDC

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“India is a hotbed of technology and as Compass’ overseas development centres in Hyderabad and Bengaluru, we are leveraging the top tech talent available here to make cutting-edge solutions across Data, AI, and ML. India's top tech talent combined with the power of innovation and entrepreneurial thinking has played a leading role in transforming every industry globally.

Sarvagya Mishra, Co-Founder, SuperBot - An AI SaaS Startup.

In the current era, technology has become something to cherish about. Be it the advances in medical sciences where once impossible treatments are now done in just a few hours, or people working together while sitting in different parts of the world. Technology has touched every aspect of our lives, while helping us to lead our daily lives with much ease, allowing us to invest our time in doing the smart work instead of mundane tasks. And it’s enthralling to see the entire nation celebrating this wave of technology together with more tech-based companies getting launched, creating more jobs and contributing to the economy.

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RK Shenoy, Senior VP — Mobility Engineering, Bosch Global Software Technologies

The world has witnessed tremendous technological improvement in the last decade. The technology available today is powerful and increasingly transformative with substantial impact in sectors such as Mobility, healthcare, manufacturing, oil and gas, agriculture, etc. Majority of businesses are amid navigating their digital transformation journey and are investing in Innovation and R&D to deliver effective products and services, keeping the User-Experience in mind. With emerging technologies like Artificial Intelligence, Digitization and Software defined products combined with Electronification, every domain is helping in improving the quality of life of people across the world, creating newer business models to generate recurring revenue and strive for better operational efficiencies.

Satish Pala, CTO, Indium Software

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Manufacturing Industry has been in constant lookout for technology advancements that would eventually help increase operational efficiency, better quality control, lower production costs, lower maintenance costs, increase revenue, etc,. With adoption of Industry 4.0 principles, the industry has been addressing challenges like having to deal with complex processes, high costs due to legacy tools and technologies. 

Some of the key assessments required to be done before the tech shift include 1) the equipment readiness to be connected to a central data system, 2) Software and Hardware required for addressing loads of data being generated 3) Capacity of the IT systems like storage, processing, etc, 3) Readiness for Smart Operations and 4) Change Resistance in People

One of the key technology shifts in the manufacturing space is deploying technology solutions driven by Artificial Intelligence. Some of these AI driven use cases include: 1) Detection of anomalies and perform predictive maintenance to save huge repair costs. IIOT devices help with collection of relevant data sets 2) Improve quality control by statistical process control 3) Inspection of products/components using AI based visual tech and thereby reduce human errors.

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Geetika Goel, Head of Technology, Hero Vired

As a woman in the technology industry for the past two decades, I have encountered a variety of challenges and opportunities to create a niche for myself. It's encouraging to see a surge in female talent and a growing interest in upskilling. It is unquestionably a sign of India's bright future in the technology industry. This, combined with the government's laser-like focus on digitising the country, has boosted the industry and created an inclusive environment for all genders to thrive on a national and international scale.

Another key AI use case is Digital Twin technology where in a physical object, process or a whole factory for example is represented digitally.  Some industry examples include engines, wind farms, buildings, cities, etc,. The digital twin technology can be used to collect data, create simulations that can predict how a product or process will perform.

Mike Muralidharan, Chief Operating Officer, Bahwan CyberTek

 India’s thrust on Digitalisation continues to be the springboard in our race against global manufacturing superpowers. Our IT competency is powering the shift towards a multipolar world, helping Asia become one of the power centers of globalization. India is in a sweet spot with a thriving knowledge capital, political neutrality, a government intent to deploy Indian goods and services globally, and the opportunity to deliver cost effective, high-value added services, with improved wifi connectivity even in remote  tier 2/tier 3 towns. For a country like India with 100 unicorns, and more in the offing, I’m confident the technology sector will play a crucial role in our nation’s pursuit of the $5 trillion economy target.

Krishna Kumar, Founder and CEO, Simplilearn

The significance of technology in our lives has increased monumentally over the past years. The contribution of technology is visible in all spheres of our lives, and especially its role in educational transformation. It has successfully broken down the walls of geographic and demographic divide enabling college graduates and young professionals from any locus to upskill in the most relevant, industry skills and be future-ready. The 2022 theme for National Technology Day could not be more relevant to us. The knowledge of new-age digital economy skills will be the torch-bearer in driving an integrated approach in science and technology for a sustainable future.

 Vishwastam Shukla, CTO, HackerEarth

21st century technologies and the Industrial Revolution have long been blamed for the climate issues we see today. With the advent of digital and data technology, the tech sector can play a huge role in building sustainable and eco-friendly systems for the future. Companies need to start working with a 'technology ecoadvantage" and build sustainability goals into their processes. A combination of process automation, carbon data transparency, and clever product design can help companies achieve profitability with an eye on net-zero and other ESG goals. By rethinking the traditional, companies can affect major changes in the areas of digitized operations; product and service design; cloud computing; and data sharing and ecosystem building and management.

Harshit Mittal, Co-founder and CTO, SupplyNote

While the pandemic has been extraordinarily disruptive to food businesses, there are some silver linings that have emerged from the chaos. Food and beverage companies re-evaluated their supply chains and business strategies to become more resilient as the outbreak expanded. They have understood the importance of technology and automation more than ever. With the increasing demand for delivery meals, concepts like ghost kitchens are helping operators scale the business without the overhead costs of dining space or front-of-house staff. In casual dining and QSR, contactless and QR ordering have become ubiquitous. Another trend catching up is the need for Automated Inventory management which refers to tracking food and beverage inventory stock, anticipating quantities, and scheduling orders. With automation, it no longer has to be a time-consuming and tedious process.

Khadim Batti, Co-founder and CEO, Whatfix 

This year's theme for National Technology Day  – Rebooting the Economy via Science, Technology, and Research Translations – is deep-rooted into the start-up diaspora in India. It truly resonates with Whatfix, as remote or hybrid work becomes the norm, Whatfix’s game-changing Digital Adoption Platform has been enabling organizations to drive speed and efficiency in their adoption of new technology offerings. Whatfix simplifies enterprise software adoption, improving the ROI of the organisation’s technology stack. We accelerate the user’s time to learn a new software application. With step-by-step walkthroughs on how to use a feature, users get an interactive way to learn on the job. This helps users interact with an application, identify areas of friction and improve their experience. Whatfix understands users’ pain points by tracking actions and completion rates to see how they can improve feature adoption. These solutions have helped us envisage our future, make it more technology-friendly, and make business transformation easy with in-app pop-ups that highlight and explain new processes and application changes.

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