Digital Transformation

Deep Tech Opportunities – Kris Gopalakrishnan, Co-founder, Infosys


      photo credit: IndiaDiasporaForum NPC finally becomes a teenager! The thirteenth edition started off on a very different note (as one would expect from a teenager), and for the first time we had five “Summits” in parallel before the main sessions. I was there at the Deep Tech Summit, and it was a hard choice to give the other four a miss – Design, Fintech, Product Management and Sales & Marketing. What tilted my choice was obviously the fact that an industry doyen would be sharing his thoughts about opportunities that lay ahead. Kris Gopalakrishnan, one of the founders of Infosys, and he needs no further introduction. An unalloyed joy for us, to be able to stand on the shoulder of a giant, and see the future unfold. At the very outsets, he set the tone and tenor, and spelt out cle...

Digitizing Transaction Banking: NASSCOM report with Yes Bank


The recent issue with debit cards has been termed as India’s largest data breach. Card data of 3.2 million customers was stolen between 25 May and 10 July, customers of  banks including State Bank of India (SBI), ICICI Bank Ltd, HDFC Bank Ltd and Yes Bank were affected. SBI has decided to reissue 625,000 cards. ICICI Bank and HDFC Bank asked some customers to change their passwords. Of the 3.2 million cards, over 2.6 million belonged to Mastercard and Visa networks, and the remaining were from the RuPay network. By any standards, this is a massive breach. The most important question is what can we do to prevent this happening again? See the attached report for a detailed study.

eGovernance case studies from India


Punjab Punjab Bureau of Investment Promotion (Bureau) has been set up by the Government of Punjab as the single point of contact for regulatory clearances and fiscal incentives approvals for investors who are looking to set up a business in Punjab. 33 departments coordinate at a single physical location in Invest Punjab programme to provide regulatory clearances and fiscal incentives approvals with in 3 – 4 weeks. As the nodal agency, the bureau has been entrusted the responsibility to ensure a smooth transition of the project from the proposal stage up to the implementation stage. Maharashtra Delhi See more in our report here​

Mobile enablement in Digital age


Gone are the days when we used to carry big fat wallet filled with cash, coins, multiple credit cards, business cards, travel tickets, movie tickets, personal notes, papers with names, numbers and the list can go on. Mobile technologies have transformed the way we live, work, learn, travel, shop, and stay connected. More than 80% of time is spent on non-voice activities. The rapid growth in Mobility, Big data, IoT and Cloud computing technologies has changed market dynamics in every industry and is changing customer behavior. Digital Transformation has become the norm. Mobile is spearheading this transformation by putting businesses on the move and by connecting the enterprises with customers, partners, employees and machines. Businesses are fast realizing that they need to offer their cus...

A to Z of Digital Transformation


Today every part of the business is subject to new expectations, competitors, channels, threats and opportunities. Every business has the potential to be a digital business.  Businesses that digitally transform will be able to connect more closely with customers, speed up the pace of innovation and, as a result, claim a greater share of profit in their sectors. Today digitally transformed companies have an edge; tomorrow, only digital businesses will succeed. Here is my version of A-Z of Digital Transformation. Artificial Intelligence: AI is the capability of a machine to imitate intelligent human behavior. BMW, Tesla, Google are using AI for self-driving cars. AI should be used to solve real world tough problems like climate modeling to disease analysis and betterment of humanity Big Data...

Getting Rural Indian Women Online


The most interesting stories in digital innovation have come from India. Given the diversity of potential customers in India, companies have really gone out of their comfort zones in pushing internet adoption in India. Wall Street Journal has a report on Google is sending out internet guides on bicycles to train rural women on benefits of internet. Since the program’s launch last year, about 9,000 guides have helped reached 1 million women, Google said, noting that the program fits its mission of helping expand internet access globally. The numbers are impressive and can serve as a guide for other technologies looking to penetrate the rural market. You can see the news report here. Any other interesting stories that can share?

Connected Cars


  Over the past centuries the car transportation has been significantly revolutionized. Undeniably accepted by the history of human kind, Cars had its place in the automotive industry. As decades passed, features and controls were added, such as, in-car entertainment, navigation systems, safety, air conditioning and cameras for rear reversing, making them more and more complex and increasingly popular. Now, they’re getting smarter through on-board technology and remote connectivity. Today we connect everything, not only the car and the driver, but the entire ecosystem of transportation around them.  Apparently, an app would connect you virtually to your car from your smart phone or a smart device and establish something more than a connection, an approach to actually communicate...

Distributed Ledger technology and the ripples it creates in various domains

We live in the times when transformation is too slow and old fashioned while disruption is the new buzzword. Among the various upcoming trends is that of Blockchain and distributed ledger technology.Let us understand what it is and what and how it could be beneficial to various domains.

FinTech – The Next Big Revolution


  Being a HealthIT evangelist, when someone chooses to write on Financial Technology, it is indicative that FinTech is the talk of the town. And why shouldn’t it be? Fintech as a sector is bullish in India. Today, fintech is disrupting financial services just like e-commerce changed the face of retail, and is likely to have far more widespread impact on society and the Indian economy, both directly and indirectly. The total Fintech software and services market is valued at ~USD 8 billion, and is expected to grow at a CAGR of ~15 percent 2016-2020 (3X the global average growth). Driven by mobile proliferation, increasing emphasis on financial inclusion, and digital savvy consumers, financial technologies are here to stay. Given below are some of the key highlights of the sector: Role o...

ARC’s 14th India Forum: The Innovation Imperative in a Connected World – Part 2


By G. Ganapathiraman​ The second day of ARC Advisory Group’s 14th India Forum for the process and discrete industries, Industry in Transition: Navigating the New Age of Innovation, continued on the same enthusiastic note as on the first day. Please read aboutthe Day1 Key Note speeches here. Market volatility and increased competition make it imperative to automate and streamline industrial processes. The very nomenclature has changed; “legacy system migration” no longer refers to just equipment upgrade – today it involves being more adaptable and transparent, collaborating across geographies, implementing the most result-giving solutions, and being innovative. As industries transition through this phase it becomes clear that new trends, such as the Industrial Internet of Things (IIoT), clo...