• About
  • Advertise
  • Privacy & Policy
  • Contact Us
Wednesday, October 4, 2023
DATAQUEST
  • Home
  • News
    Meta layoffs

    Meta Layoffs Employees in its Metaverse Silicon Unit

    IIT Guwahati course

    IIT Guwahati and AlmaBetter Partners to provide Certification in Full Stack Data Science and AI

    Skills

    Top Trending Skills to Build Promising Career in the World of AI

    Coding

    Coding Vs Programming: Which is the Better Career?

    IIIT-B & SAP Labs India

    IIIT Banglore (IIIT-B) Signs A MoU with SAP Labs India

    Google earthquake alert

    Google Introduces Android Earthquake Alert System in India

    Trending Tags

    • election update
    • trump news
    • United Nations
    • whitelisting
  • Business Technologies
    pg8 cover story pix

    Integration of tech into traditional businesses

    5G Ericsson

    5G users in India outpacing global counterparts in daily engagement with apps on mobile phones: Ericsson

    TSMC

    Siemens and TSMC collaborate to help mutual customers optimize designs using foundry’s newest advancements

    Rural broadband in Idukki

    Breaching digital divide: Impact of SD-WAN connectivity on rural and remote connectivity in India

    Jio and NVIDIA

    Jio Platforms partners with NVIDIA to Accelerate AI Cloud Infrastructure In India

    HCLTech

    HCLTech Secures Siemens Contract to Accelerate Cloud-Led Digital Transformation

    Trending Tags

    • Nintendo Switch Pro
    • ClickShare CSE-800
    • Mark Zuckerberg
    • Silicon Valley
    • internet
  • DQDeepTech
    ChatGPT

    Epiphenomenal Scare: The Rise of ChatGPT and the Imperatives for DevOps (Software) Engineers

    Generative AI

    Role of Generative AI in the Modernization of Software Development Process

    ORACLE (7)

    Oracle Unveils New Generative AI Features for Enhancing Customer Service

    Manodayam

    Through AI, we are offering mental health solutions at Rs 1 per day: Sanjay Bhardwaj, founder, Manodayam

    Conversational AI

    Transforming customer experience with conversational AI and language neutralization

    Google

    Google Introduces Generative AI Search Experience in India

  • Leadership Insights
    • Interview
    • Opinion
    • Editors Blog
    • Features
  • Annuals
    Sandeep Dutta and Ajay Vij

    DQ Top 20 Rank 7- Rank 7 – Accenture India, Concerns over revised guidance

    Google

    DQ Top 20 Rank 20 – Google India Driving Growth through Advertising Space Reselling 

    Genpact

    DQ Top 20 Rank 19 – Genpact Transformation Happening Here? 

    Oracle

    DQ Top 20 Rank 17 – Oracle India Business Surges, spearheading Cloud Revolution across Sectors 

    Microsoft

    DQ Top 20 Rank 16 – Microsoft India Robust Outlook Amid Driven by Hybrid Work and Cloud Adoption 

    Mphasis

    DQ Top 20 Rank 15 – Mphasis Mphasizing on AI and quantum 

    Trending Tags

    • Data Loss Prevention 2.0
    • Technology product Development
    • Internet access in developing countries
    • Unilever Ventures
  • DQ40Years
  • Events
    cloud computing

    Cloud Computing and Data Management Reshape Industries: Future-Proofing Organizations

    Oracle Cloud World 2023 Keynote

    Larry Ellison’s Oracle Cloud World 2023 Keynote Highlights: Pivotal Innovations and Industry Insights

    Smart city

    Smart and sustainable city solutions deliver on sustainability and resilience goals

    Forge

    Sustainable building an integrated approach to support customers’ goals

    Buildings

    Honeywell helps building owners drive critical performance

    Gigafactory

    Gigafactories fueling renewable energy transition through automation control technologies

    Trending Tags

    • Revenue Analytics
    • fraud prevention
    • Seven Pillars of Digital India
  • Business Solutions
    cloud computing

    Cloud Computing and Data Management Reshape Industries: Future-Proofing Organizations

    data center

    Navigating the Decision of Opting the Build vs Buy in Data Center

    Schneider

    Schneider Electric showcases innovative, sustainable, and transformative digital solutions at Automation Expo 2023

    Electronics

    Booming Indian consumer market comes with opportunities and challenges for e-commerce brands

    Predictive analytics

    Role of predictive analytics: Unleashing business growth and efficiency

    health tech

    Asia Business Case Centre, NTU Singapore released case study on health tech HealthPlix

    Trending Tags

    • More
      • Tech4Growth
      • DQConclave Event Site
      • TechSchools Event Site
    No Result
    View All Result
    • Home
    • News
      Meta layoffs

      Meta Layoffs Employees in its Metaverse Silicon Unit

      IIT Guwahati course

      IIT Guwahati and AlmaBetter Partners to provide Certification in Full Stack Data Science and AI

      Skills

      Top Trending Skills to Build Promising Career in the World of AI

      Coding

      Coding Vs Programming: Which is the Better Career?

      IIIT-B & SAP Labs India

      IIIT Banglore (IIIT-B) Signs A MoU with SAP Labs India

      Google earthquake alert

      Google Introduces Android Earthquake Alert System in India

      Trending Tags

      • election update
      • trump news
      • United Nations
      • whitelisting
    • Business Technologies
      pg8 cover story pix

      Integration of tech into traditional businesses

      5G Ericsson

      5G users in India outpacing global counterparts in daily engagement with apps on mobile phones: Ericsson

      TSMC

      Siemens and TSMC collaborate to help mutual customers optimize designs using foundry’s newest advancements

      Rural broadband in Idukki

      Breaching digital divide: Impact of SD-WAN connectivity on rural and remote connectivity in India

      Jio and NVIDIA

      Jio Platforms partners with NVIDIA to Accelerate AI Cloud Infrastructure In India

      HCLTech

      HCLTech Secures Siemens Contract to Accelerate Cloud-Led Digital Transformation

      Trending Tags

      • Nintendo Switch Pro
      • ClickShare CSE-800
      • Mark Zuckerberg
      • Silicon Valley
      • internet
    • DQDeepTech
      ChatGPT

      Epiphenomenal Scare: The Rise of ChatGPT and the Imperatives for DevOps (Software) Engineers

      Generative AI

      Role of Generative AI in the Modernization of Software Development Process

      ORACLE (7)

      Oracle Unveils New Generative AI Features for Enhancing Customer Service

      Manodayam

      Through AI, we are offering mental health solutions at Rs 1 per day: Sanjay Bhardwaj, founder, Manodayam

      Conversational AI

      Transforming customer experience with conversational AI and language neutralization

      Google

      Google Introduces Generative AI Search Experience in India

    • Leadership Insights
      • Interview
      • Opinion
      • Editors Blog
      • Features
    • Annuals
      Sandeep Dutta and Ajay Vij

      DQ Top 20 Rank 7- Rank 7 – Accenture India, Concerns over revised guidance

      Google

      DQ Top 20 Rank 20 – Google India Driving Growth through Advertising Space Reselling 

      Genpact

      DQ Top 20 Rank 19 – Genpact Transformation Happening Here? 

      Oracle

      DQ Top 20 Rank 17 – Oracle India Business Surges, spearheading Cloud Revolution across Sectors 

      Microsoft

      DQ Top 20 Rank 16 – Microsoft India Robust Outlook Amid Driven by Hybrid Work and Cloud Adoption 

      Mphasis

      DQ Top 20 Rank 15 – Mphasis Mphasizing on AI and quantum 

      Trending Tags

      • Data Loss Prevention 2.0
      • Technology product Development
      • Internet access in developing countries
      • Unilever Ventures
    • DQ40Years
    • Events
      cloud computing

      Cloud Computing and Data Management Reshape Industries: Future-Proofing Organizations

      Oracle Cloud World 2023 Keynote

      Larry Ellison’s Oracle Cloud World 2023 Keynote Highlights: Pivotal Innovations and Industry Insights

      Smart city

      Smart and sustainable city solutions deliver on sustainability and resilience goals

      Forge

      Sustainable building an integrated approach to support customers’ goals

      Buildings

      Honeywell helps building owners drive critical performance

      Gigafactory

      Gigafactories fueling renewable energy transition through automation control technologies

      Trending Tags

      • Revenue Analytics
      • fraud prevention
      • Seven Pillars of Digital India
    • Business Solutions
      cloud computing

      Cloud Computing and Data Management Reshape Industries: Future-Proofing Organizations

      data center

      Navigating the Decision of Opting the Build vs Buy in Data Center

      Schneider

      Schneider Electric showcases innovative, sustainable, and transformative digital solutions at Automation Expo 2023

      Electronics

      Booming Indian consumer market comes with opportunities and challenges for e-commerce brands

      Predictive analytics

      Role of predictive analytics: Unleashing business growth and efficiency

      health tech

      Asia Business Case Centre, NTU Singapore released case study on health tech HealthPlix

      Trending Tags

      • More
        • Tech4Growth
        • DQConclave Event Site
        • TechSchools Event Site
      No Result
      View All Result
      DATAQUEST
      No Result
      View All Result
      Home Interview

      Only with R&D can you escape the trap and go to the next level: Sridhar Vembu, Cofounder and CEO, Zoho

      Sunil RajgurubySunil Rajguru
      August 25, 2023
      in Interview
      0
      Sridhar Vembu

      Sridhar Vembu

      The world has got into the twin problems of debt and demographics. We have 20 years of runway, but we have to capitalize on it for India2047 to succeed. For that R&D will play a key role. On the sidelines of a ManageEngine CIO meet in Chennai, we caught up with Zoho Co-founder & CEO Sridhar Vembu and got him to gaze into the future to check out India’s chances. 

      Can we do a Make in India for the world? Can we make world-champion companies and products? 

      It ultimately comes down to investing in R&D. We’re investing just 0.7% of our GDP. We have to invest a lot more. It’s as basic as that. It’s about the private sector because this cannot be done by the government. It’s not like a policy that can be formed tomorrow to spend the money. It has to be every company. Why are Chinese companies spending on R&D and Indian companies not? The government’s role is just to be a catalyst, to keep on prodding companies to invest in R&D. 

      We have to have a national catch-up phase. Japan, (South) Korea, Taiwan and China all had that catch-up phase. China said: We must master every technology. I think most business leaders recognize it, but we have to build an R&D culture. 

      Back in the 1980s, we were producing PCs. Those of us who are old enough remember that we were producing hardware in India. By the 1990s, it all went away. Why did they go? Because we lost critical talent. We lost talent because we don’t have an R&D commitment to retain that talent. In fact, in 1990, India was way ahead of China in terms of PC hardware. It is very sad to realize now that even in networking hardware India was ahead. Now look at Huawei which as a company is larger than Cisco. 

      In 1990 there were companies in India that could have been competitive with Cisco. Today we have no company in India that can do so. In every sector, you can find examples like that. India produced a Unix operating system in the late 1980s, almost on par with Solaris and Sun. But all of that R&D, or essentially the people, left India. It was a whole layer of talent we exported. Those people today will be found in companies like Microsoft or Google. We cannot afford to keep doing this. Our organizations have to first build up R&D, retain the talent and nurture them for the long term. 

      What about the future and our Mission India2047? 

      When you are at the first stage of GDP, you can reach the middle level by improving production standards and setting up more factories. But there is a well-known thing called the middle-income trap. I talked about it in the context of a region like Coimbatore. If you look at the Coimbatore-Tiruppur region, it’s actually richer than Chennai in terms of per capita GDP. Visibly, you can see that prosperity is there in that region. 

      They are already at a level where they’ll say: We can’t compete with Bangladesh on labour costs. Bangladeshi labour will be much cheaper than Tiruppur labour. You’re talking about ₹20,000 versus ₹5000 rupees. That’s a stark difference: 4x. I tell them: You are in the classic middle-income scenario. If you look at the Coimbatore-Tiruppur economy in isolation, it’s like a middle-income nation. To go to the next step, they have to invest in R&D. 

      For India, the middle-income trap may be roughly $7-8,000 per capita GDP, or less than $10,000. We are at about $2500-$3,000 now. To get to $8-10,000, it could be done by purely focusing on production, investment infrastructure, etc. But there’s a trap if we don’t invest in R&D. 

      Unit labour costs in Malaysia 25 years ago were much higher than in China. Today, Chinese labour costs are much higher than in Malaysia. What is the difference? Malaysia could not invest in R&D, while China did. China is caught up in critical technology. Critical technology does not come from Malaysia. A product or factory might be in Malaysia, but the technology is owned by somebody else. 

      We have to plan to avoid that trap. Already our regions like Tirrupur-Coimbatore, Gujarat, the Pune belt, Bangalore, the Chennai corridor… are all richer than average. But to reach the next level we have to invest in R&D. So that’s a critical observation. 

      Recently India became the world’s most populous nation. Can we make good on our demographic dividend? 

      The world, particularly the developed world, has the twin problems of debt and demographics. That is, declining demographics (birth rate) combined with heavy debt. If you look at it by GDP, it’s probably 70% of the world, whether it’s Europe, Japan and even China. This problem is not easily solvable. The US is kind of bucking the trend with extensive immigration. But whether they will integrate all of them into the society remains to be seen, just look at France. 

      India is seeing a major growth. We are in a relatively favourable demographic. We will hit these problems only 20 years later. So have 20 years of runway. But we have to capitalize it for India2047. We cannot waste our youth and our demographic dividend.  

      Tags: #DQ40Years
      Previous Post

      Digital Data Protection Bill 2023 and AI are Not at Cross Purposes: Arundhati Bhattacharya, Chairperson and CEO, Salesforce

      Next Post

      Business Bread and Butter and IT Breakfast 

      Related Posts

      Sanjay Deshmukh
      Interview

      “AI is capable of the most dominant outcome, humanizing the interaction between users and computer systems”

      October 4, 2023
      Chris Wolf
      Interview

      Unlocking the potential of generative AI: Insights from Chris Wolf, vice president, VMware AI Labs

      October 4, 2023
      Ajay Vernekar
      Interview

      How to be a critical influencer and change champion

      October 4, 2023
      Manish Patel
      Interview

      A car that Dominic Toretto would love, but maybe won’t need to drive

      October 4, 2023
      Nikhil Barshikar
      Interview

      Online learning a game changer in bridging skill gap

      October 3, 2023
      K Sridhar
      Interview

      Tech making education effective, flexible and engaging

      October 3, 2023
      Next Post
      Business

      Business Bread and Butter and IT Breakfast 

      Amit Malik

      Translating Customer Needs into Network Innovations Instrumental in 5G Success: Amit Malik, VP & Sales Leader, Ciena India

      Schwing internship

      Schwing Stetter India Joins Forces with SRM Easwari Engineering College to Offer One-Year Internship for Students

      • Trending
      • Comments
      • Latest
      Hybrid Cloud

      Run complex workloads with ease: Switch to Lenovo Hybrid Cloud solutions

      August 18, 2023
      IIT Madras

      IIT Madras Invites Applications for Two Year Artificial Intelligence Fellowship with Stipend of Rs 40,000

      August 18, 2023
      WhatsApp no valid QR code

      Here’s How to Activate a Banned WhatsApp Number

      January 14, 2020
      IIT Kharagpur

      IIT Kharagpur Announces Free Online Course on Google Cloud Computing

      August 16, 2023
      WhatsApp no valid QR code

      Here’s How to Activate a Banned WhatsApp Number

      1652
      Exams in India

      CBSE Board Exams 2021: Students Request Indian Government to Cancel Board Exams Due to Rising COVID-19 Cases

      893
      Delhi Schools

      CBSE Board Exams 2021: Do Not Postpone or Cancel Board Exams, Say Section of Students

      577
      Online courses

      AWS Announces Free 12-week Course on Cloud Computing for Unemployed People Interested in Cloud Careers

      510
      Meta layoffs

      Meta Layoffs Employees in its Metaverse Silicon Unit

      October 4, 2023
      Sanjay Deshmukh

      “AI is capable of the most dominant outcome, humanizing the interaction between users and computer systems”

      October 4, 2023
      data poisoning

      The poison is not in a dart. It’s in the AC duct.

      October 4, 2023
      cloud computing

      Cloud Computing and Data Management Reshape Industries: Future-Proofing Organizations

      October 4, 2023
      Meta layoffs
      News

      Meta Layoffs Employees in its Metaverse Silicon Unit

      Meta the parent company of Instagram and WhatsApp plans to lay off its employees from the Reality Labs division. This ...

      October 4, 2023
      Sanjay Deshmukh
      Interview

      “AI is capable of the most dominant outcome, humanizing the interaction between users and computer systems”

      According to forecasts, the market for generative AI would grow from USD 11.3 billion in 2023 to USD 51.8 billion ...

      October 4, 2023
      data poisoning
      Features

      The poison is not in a dart. It’s in the AC duct.

      Data Poisoning, the sly and silent monster, is already around. If we are not worried already by the glimpse that ...

      October 4, 2023
      cloud computing
      Business Solutions

      Cloud Computing and Data Management Reshape Industries: Future-Proofing Organizations

      Mastering cloud and data management strategies isn't merely an option; it's a mandate for any organization aspiring to flourish. During ...

      October 4, 2023
      data center
      Business Solutions

      Navigating the Decision of Opting the Build vs Buy in Data Center

      Recent reports suggest that India is on its way to become a USD 1 trillion digital economy by 2030, fuelled ...

      October 4, 2023

      Industry Insights

      data poisoning

      The poison is not in a dart. It’s in the AC duct.

      October 4, 2023
      digital asset management platform

      Exploring Digital Asset Management platform Digiboxx

      September 27, 2023
      Digital transformation

      Digital transformation in trading: Navigating the future of investments

      September 26, 2023
      Machine Unlearning

      Eternal Sunshine of the Spotless Model – Hello, Machine Unlearning!

      September 26, 2023
      Load More

      DQ 40 Years

      Sridhar Vembu
      Interview

      Only with R&D can you escape the trap and go to the next level: Sridhar Vembu, Cofounder and CEO, Zoho

      August 25, 2023
      The many specials of CyberMedia 1
      Business Technologies

      The many specials of CyberMedia

      July 22, 2023
      Rajendra S Pawar
      Business Technologies

      From 1980 to 2047—Time Lapse from NIIT’s lens

      July 22, 2023
      Shiv Nadar
      Business Technologies

      Indian IT: Re-inventing itself for the next 25 years

      July 22, 2023

      Editors Blog

      Ed Nair
      Editors Blog

      “ED” as we called him

      October 4, 2023
      pg7 cartoon
      Editors Blog

      Demographic dividends, skills & tech

      October 3, 2023

      Recommended

      VMware Explore 2023 Singapore

      Anup Purohit, CIO, Wipro Charts Course for Cloud Excellence at VMware Explore 2023 Singapore

      September 27, 2023
      pg8 cover story pix

      Integration of tech into traditional businesses

      October 3, 2023
      Load More

      Most Popular

      Hybrid Cloud
      Business Technologies

      Run complex workloads with ease: Switch to Lenovo Hybrid Cloud solutions

      August 18, 2023
      WhatsApp no valid QR code
      News

      Here’s How to Activate a Banned WhatsApp Number

      January 14, 2020
      Big Tech Firms
      News

      Beware of China Domain Name Registration Scam, Ignore Mails from .cn Mentioning Domain Conflict

      June 2, 2021
      Load More
      DATAQUEST

      Launched in 1982 as India’s first IT print publication, Dataquest is known as the “Bible of Indian IT.”
      Features business technologies, enterprise tech, cloud, hybrid multi-cloud, data management, security, IT Infrastructure, emerging technologies, analysis of market trends, a new development in the IT industry and needs of corporate users, Jobs, Deep Tech, interviews of CEOs / CIO's / MDs, and Annual surveys.

      Category Links

      • Annuals
      • Business Solutions
      • Business Technologies
      • DQDeepTech
      • Editors Blog
      • Events
      • Features
      • Interview
      • Module
      • News
      • Opinion

      Newsletter

      Subscribe to our mailing list to receives daily updates direct to your inbox!

      *Invalid email address.
      • About
      • Advertise
      • Privacy & Policy
      • Contact Us
      • PCQuest
      • DataQuest
      • Voice&Data
      • CIOL
      • DQ Channels

      © Copyright © 2023 Cyber Media (India) Ltd. All rights reserved.
      Reproduction in whole or in part in any form or medium without written permission is prohibited.

      No Result
      View All Result
      • Home
      • News
      • Business Technologies
      • DQDeepTech
      • Leadership Insights
        • Interview
        • Opinion
        • Editors Blog
        • Features
      • Annuals
      • DQ40Years
      • Events
      • Business Solutions
      • More
        • Tech4Growth
        • DQConclave Event Site
        • TechSchools Event Site

      © Copyright © 2023 Cyber Media (India) Ltd. All rights reserved.
      Reproduction in whole or in part in any form or medium without written permission is prohibited.