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Design & Engineering Summit 2018

Strategize. Digitize. Implement. Repeat

This article is a perspective on the importance of digital transformation for businesses and its continual nature.It is authored by By Dr Keshab Panda, CEO & MD, L&T Technology Services Ltd The last few years reflect two distinct trends- one being that the business environment has become highly competitive and the other being rapid adoption of digital transformation. A closer look reveals that both the trends are in fact interrelated and digital transformation has rather assumed the role of a saviour. Thus, the scope of relevance of digital transformation only widens with each passing day. Research shows that close to a third of the global CEOs and Senior Executives already regard digital transformation as among their top three priorities. It is Engineering, Research & Developm...

Digital journey of GIC: A companionship makes the journey fun filled than going solo!    

Authors: Sukumar Bargale: Head Strategic Initiatives & GIC business transformation @ IES, Tech Mahindra. Kamakshya Prasad Prusti: Practice Head, Digital @ IES, Tech Mahindra In today’s era, the magic term or   phrase used is called digital transformation”, but overuse of this term does not make it any less relevant. There is unanimity among experts that general interest on digital business models would only expand from here on. Some experts even suggest that the current business model of unidirectional value chain, that serves as a bedrock of modern day commerce is incapable to support the requirement of an increasingly digital age.  The reality of digital disruption cannot be ignored nor it would be sudden or catastrophic –this is the time for business leaders to critically examine th...

Changing Gears – the Impact of Digital ER&D on the Automobile Sector in India

This article is authored by K S Viswanathan, Vice President, Industry Initiatives, NASSCOM Digital disruption has impacted the automobile industry in no small measure. They be, electric vehicles adoption, shared mobility gaining ground, greatly increased connectivity and autonomous driving. Electrification Particularly because of environmental concerns, Electric Vehicles or EVs can be a viable alternative. Transitioning to EV may happen by 2030 but admittedly, the uptake hasn’t been as promising as environmentalists would have liked and a mix of pull-push strategy may be required. Environmental regulations – a call for reduction of carbon emission & dependency on crude oil is much required. The drive has to be strong, even punitive measures for off-limits emission may be required. High...

The Indian engineer in an era of impact innovation

By Samir Yajnik Executive Director, Electra EV An exciting new phase in design & engineering is about to begin and, this time, India may lead the world. The Indian engineer has contributed massively to many global product success stories but these efforts are from “inside’’. The Engineering & Design Council of NASSCOM has been analysing and meticulously working on the factors needed to scale our engineering –  by working on being ahead of the curve on technology disruption, establishing foundational skill-readiness in colleges and in industries and by building a start-up ecosystem.    Yet, when we compare what’s going well for our engineers in the current scenario with what needs to be done, there are a couple of vectors which I believe are provide fillip to our differentiati...

design & engineering

By Samir Yajnik Executive Director, Electra EV An exciting new phase in design & engineering is about to begin and, this time, India may lead the world. The Indian engineer has contributed massively to many global product success stories but these efforts are from “inside’’. The Engineering & Design Council of NASSCOM has been analysing and meticulously working on the factors needed to scale our engineering –  by working on being ahead of the curve on technology disruption, establishing foundational skill-readiness in colleges and in industries and by building a start-up ecosystem.    Yet, when we compare what’s going well for our engineers in the current scenario with what needs to be done, there are a couple of vectors which I believe are provide fillip to our differentiati...

Future of Automobile in Shared Mobility Space

This article is authored by Greg Moran – Co-Founder & CEO – Zoomcar  For many, the term shared mobility first came into being with the emergence of ride hailing companies like Uber, Lyft, Didi, and ultimately Ola.   Unknown to some, it was actually the car sharing companies such as Zipcar and Car2go that really blazed the trail within shared mobility in the 2000s.  As such, it’s quite clear that the automobile has a long and involved history within shared mobility.  As technology continues to expand at a breakneck pace, it’s quite likely that the next iteration of car-based shared mobility will look very different than the earlier forms.    The two major trends that are set to transform shared mobility are the rise of electrification and the rise of autonomous vehicles.  At...

Ratan Tata On NASSCOM Design and Engineering Summit 2018

Ratan Tata On NASSCOM Design and Engineering Summit 2018 “Design and Engineering in India has for much of the past focused around engineering services to make products better for mostly western companies. The needs of India are centered around significant issues that directly improve human lives, such as to provide them sustainable and green energy, clean water, enhanced infrastructure and shared mobility. I believe that the designers and engineers from India can collaborate with existing and new technology companies from around the world to create relevant products and services that can creatively solve current problems we face in India at scale. Hopefully, we will see products and technologies from India being relevant not only for indigenous markets but reaching the many people of the w...

Innovate, Create & Scale: Making Digital Real

Digital transformation is increasingly presenting businesses with new value creation opportunities across revenue growth, cost efficiency, and enhanced customer experience. Mastering digital transformation requires not just a deep understanding of collaboration, integrated processes, and a clear strategy but, also a shift in people’s mindset. This is a far-reaching task and requires companies to act now by undertaking short-term initiatives while preparing for medium and long-term initiatives at the same time. Embracing digital is increasingly not just a question of competitive advantage, it is essential for the very survival of the business. Organizations are shifting from talking digital to make it real. Some leaders are redesigning their customer offerings, capabilities and operating mo...

Engineering the Future: Fostering innovation

This article is authored by BVR Mohan Reddy, Founder & Executive Chairman-Cyient Since the industrial revolution, technology brought about tremendous changes in our lives. Successive industrial revolutions have increased the per capita income of individuals and improved the quality of life. In the past decade, technology changes have accelerated exponentially like never before. These changes are disrupting the existing players but providing opportunities for them to participate in new technologies and to new companies to engineer novel products and services. The disruption in technology is making innovation an imperative and a new normal for organizations to keep themselves competitive, successful and sustainable.    Innovation is not a one-time or a periodic activity. It can no longer...