CXO TechBOT September second edition 2023

Foreword: Embracing the Transformative Forces of the Tech Era

In this era, we find ourselves at the precipice of unparalleled change, as the surging currents of the tech age reshape our world on multiple fronts, with digital transformation leading the vanguard.

Digital transformation transcends the mere adoption of new tools; it calls for a fundamental reimagining of business processes and customer experiences. The concept of Corporate Social Responsibility (CSR) has evolved far beyond mere tokenism. In the digital age we inhabit today, businesses carry a profound responsibility to harness their capabilities for societal betterment.

Learning and Development (L&D) is likewise undergoing a paradigm shift. As jobs evolve in response to automation, lifelong learning becomes essential. The tech age demands adaptable, upskilled workforces. Sustainability, both a moral imperative and an economic necessity, takes center stage. As digital innovation accelerates, it must harmonize with eco-friendly practices to reduce its carbon footprint. Businesses are increasingly expected to wield their technological prowess to address societal concerns, nurturing sustainability, and inclusivity.

Generative AI and Industry 5.0 are driving the next industrial revolution, emphasizing collaboration between humans and machines. A Global IT Strategy emerges as an imperative for nations to harness these transformative shifts. As we navigate the turbulent currents of this tech-centric age, our ability to do so effectively will undoubtedly shape our future.

It is our sincere hope that the insights shared in this edition empower you not only to embrace but to thrive within the transformative forces of the tech era.

Swati Gupta CEO & Editor-In-Chief

Within the realms of digital transformation, CSR, L&D, sustainability, Generative AI, Industry 5.0, and a Global IT Strategy, we discover our guiding compass— that points us toward a future marked by greater equity, innovation, and sustainability.

Our Contributors

Visionary leader driving digital ventures and social inclusion, with a distinguished corporate and social sector impact

Highly regarded technology and sustainability leader with three decades of experience spanning manufacturing, consulting, and IT Recognized for transformative practices and impactful sustainability projects

HR expert with 14+ years of experience, specializing in Performance Management, Sales Training, and Leadership

Seasoned Global IT Expert with 29+ years of experience, tech visionary, STANFORD SEED Consultant, and mentor for startups in India and Africa

Accomplished leader specializing in Speech AI and cloud-native SaaS, driving innovation and sales growth across diverse industries

Dynamic technology professional, specialised in crafting Enterprise IT Solutions with a sharp focus on Systems Architecture and Design

Tech industry leader with a rich background in IT and telecom, Accomplished in business development, operations, and entrepreneurship, with a focus on societal impact through startups

CSR head in Asia Pacific, shaping transformative initiatives for Synopsys Inc , with expertise across diverse industries.

Experienced CIO with decades of experience driving innovation in manufacturing sectors, specializing in SAP, RPA, IoT, and IT strategy

Dynamic entrepreneur and Founder & CEO of MeatByte com and PaperBolt in, specializing in agtech, FMCG, and recycling, with a rich background in food production

Dr. Ganesh Natarajan

Dr. Yogita Patra

Bijay Chowdhary

Vijay Sethi

Puneesh Lamba

Naveen Kumar

Rajeev Khera

Vivek Goyal

Biren Parikh

Kshitij Mishra

Engineers' Day:

CraftingaSustainableWorld foraGreenerTomorrow

ALegacyofInnovation

Engineers' Day in India has a rich history dating back to 1968 It is celebrated on September 15th each year to commemorate the birth anniversary of Sir Mokshagundam Visvesvaraya, a legendary engineer, scholar, and statesman. Sir MV, as he is affectionately known, was a pioneer in civil engineering and infrastructure development. He oversaw the construction of the Krishna Raja Sagara Dam, which was Asia's largest reservoir during its time.

His contributions extended far beyond engineering; he played a pivotal role in education, agriculture, and public works reforms In recognition of his outstanding service, he was awarded the Bharat Ratna, India's highest civilian honor, in 1955 Sir MV's remarkable legacy continues to inspire engineers and shape India's engineering landscape

EngineeringforSustainability

The theme "Engineering for a Sustainable Future" is a testament to the changing landscape of engineering

It reflects the increasing focus on sustainability as engineers grapple with environmental challenges, climate change, resource depletion, and the need for equitable socio-economic development. Engineers are not merely problem solvers; they are the architects of a more sustainable world

AddressingContemporaryChallenges

Withinthistheme,engineersarecalledupontoaddresspressingglobalissues

EnvironmentalPreservation:Engineersdesignandimplementsolutionsfor safeguardingournaturalenvironment,frompollutioncontroltoconservation efforts

ClimateChangeMitigation:Engineersleadthewayinreducinggreenhouse gasemissions,developingrenewableenergysources,andenhancingclimate resilience.

ResourceStewardship:Theyfindinnovativewaystomanagefiniteresources sustainably,ensuringaccessforfuturegenerations

HealthcareInnovation:Inthecontextofthepandemic,engineershavebeen instrumentalindevelopinghealthcaretechnologiesandinfrastructureto improveaccesstomedicalcare

AnEthicalImperative

Crucially, the theme highlights the ethical dimension of engineering It underscores the responsibility of engineers to create solutions that are not only technically sound but also ethically responsible, benefiting society while upholding the highest ethical standards

ACalltoAction

Engineering for a Sustainable Future" is not just a theme; it's a call to action Engineers are challenged to harness their expertise and creativity to tackle the world's most pressing issues Engineers' Day 2023 serves as a platform for engineers to demonstrate their commitment to sustainability, share knowledge, and inspire future generations of engineers It is a celebration of engineers who tirelessly work to craft a brighter and more sustainable future for all.

TECHNOLOGY: Redefining Work and Learning In Our World

Over the past two decades, technology has played a pivotal role in reshaping the business world and society. Its impact has never been more significant than it is today. With the rise of digital advancements like Cloud computing, Mixed Reality, and Artificial Intelligence, we've seen a transformation across all sectors.

Indian society has also seen a remarkable shift thanks to initiatives like the India Stack and impressive Unified Payments Interface (UPI) applications. For instance, Indians are significantly gravitating away from transacting with paper currency. Instead, society has turned to the more efficient Indian Stack-backed and UPI-dependent digital payment options. According to the IMF,

Dr. Ganesh Natarajan

Chairman -5F World, Honeywell Automation India, Lighthouse Communities, Boards - Hinduja Global Solutions, GTT Group, SBI Payments, AVPN, 1 Crowd, AVPN Singapore.

through the National Payments Corporation of India, there was an exponential increase in digital retail payments from less than 1 billion to over 4 billion in 5 years.

On the boards where I serve – Honeywell Automation, Hinduja Global Solutions, SBI Payments, Educate Girls, and the Lighthouse Communities Foundation – technology is a recurring topic in discussions about future strategies. At 5F World, we're always looking for exciting new technologies to invest in and support on their journey to success.

In India's technology and services sector, a prevailing concern lingers – the potential job displacement driven by the unwavering progress of automation, robotics, and artificial intelligence. This concern is valid, as we can see that routine clerical work in financial institutions and IT infrastructure management lend themselves well to automation. Additionally, the rise of artificial intelligence and intelligent bots is quite evident, with their capacity to recognise patterns, extract insights, and even pose a challenge to roles previously considered complex.

However, a reassuring constant emerges amid this era of transformative technological progress. Throughout history, new technological frontiers have consistently ushered in opportunities that outshine the roles they may render obsolete.

Enter the realm of artificial intelligence – a domain characterised by enhanced efficiency and empowerment. Within this dynamic landscape, as millennials continue to ascend and excel within our organisations, a surge in capability and a marked uptick in job satisfaction become increasingly apparent. Indeed, Microsoft’s 2023 Work Trend Index shows that 83 percent of Indian employees are willing to delegate a significant portion of their work to AI tools.

Within our diverse portfolio of discerningly selected investments, Skills Alpha is an impressive standout – an AI-powered learning platform that commands attention. This innovative solution confronts a pressing issue in India – how to invigorate and engage the multitude of young learners in both academia and the corporate arena who often grapple with disengagement and unfulfilled potential.

Skills Alpha stands out by providing a vibrant, adaptive learning ecosystem tailored to each individual. From the moment a learner accesses the platform, a personalised 'bot’ welcomes them. This AI companion serves as their trusty chaperone, facilitating the crystal-clear definition of aspirations, exploring alternative learning avenues, and embarking on an exhilarating journey of ceaseless discovery and profound growth throughout their tenure within the organisation.

The value of platforms like Skills Alpha resides in their three-tiered impact. Firstly, they transform the discourse on learning and development from mundane training and content consumption to an enthralling journey of motivated learning and context creation. Here, while operational and HR leaders chart career and skills trajectories, the platform propels Aditi onto a self-directed path of exploration, allowing her to define her aspirations and seamlessly align them with the organisation's overarching plan.

Second, these platforms leverage cutting-edge technologies like interactive video, augmented and virtual reality, customising the learning experience to fit Aditi's unique style and making it an enjoyable, hands-on journey. For instance, she could learn more effectively through video content than structured presentations.

Furthermore, in the era of dynamic corporate spaces, the strategic use of cognitive tools, led by our trusted 'bot' and an array of innovative solutions tailored for the corporate world, ignites a transformation in learning efficiency and organisational development. This enhanced efficiency is achieved alongside substantial cost savings, a pivotal outcome, as it often enables us to replace costly human interventions with technology-driven empowerment. A McKinsey study revealed that AI improves efficiency by 40 percent and cuts costs by 30 percent.

Envision the seamless agility of manufacturing workers effortlessly transitioning between workstations, empowered by the assistance of adept robotic aides, executing intricate machining operations with finesse. Consider the remarkable multitasking capabilities that professionals in the services industry can achieve with the support of intelligent

revolutionizes work and learning, with automation, AI, and cognitive tools reshaping jobs and enhancing tasks across industries. Striking the right balance in harnessing these advancements is pivotal for an improved quality of life and work.

Dr. Ganesh Natarajan

processes—ranging from insurance claim validation to creditworthiness assessment and beyond.

Moreover, medical diagnosis and patient treatment exemplify the boundless potential. Pioneering institutions like the renowned Memorial Sloan Kettering Cancer Center have already harnessed IBM's Watson and other AI tools. These innovations empower highly skilled physician-scientists to optimise their valuable time and share their ample expertise with cancer specialists worldwide, elevating the standard of care.

The future holds tremendous promise, as these transformative technologies are poised to elevate life and work significantly.

Dr. Ganesh Natarajan is a revered figure in the Indian corporate landscape, known for visionary leadership and dedication to social inclusion since 2005. At the helm of 5F World, he drives digital startups, skills, and social ventures nationwide. He co-founded and leads the Global Talent Track, Skills Alpha, and Lighthouse Communities Foundation.

In the corporate arena, Dr. Natarajan chairs Honeywell Automation India Limited and sits on the boards of SBI Payments Ltd. and Hinduja Global Solutions Ltd. In the social sector, he serves on the boards of the Asian Venture Philanthropy Network and the Foundation to Educate Girls.

Globally, he's a Global Board member and Chairman in Pune and India for Social Venture Partners International. He advises the Swades Foundation and Digital Empowerment Foundation. His academic journey includes degrees in Mechanical Engineering, Industrial Engineering, a PhD, and Harvard Business School's Advanced Management program. He led as CEO at APTECH (1991-2001) and Zensar Technologies (2001-2016).

Recognized for pioneering work, Dr. Natarajan received Distinguished Alumnus Awards from BIT Mesra, NITIE, and IIT Bombay, and accolades from EY and Asia Pacific Forums. He held leadership roles in NASSCOM, NASSCOM Foundation, Harvard Business School Club of India, and TiE. With thirteen books and speaking engagements, he shapes a brighter future with a focus on digital success and inclusivity.

HARNESSING AI FOR EMPLOYEE DEVELOPMENT:Crafting Tailored Learning Paths

In this rapidly evolving digital landscape, organizations face a two-pronged challenge – navigating the mercurial nature of industry demands and addressing an increasingly discerning workforce's expectations for tailored professional development. As the inertia of conventional training systems becomes more pronounced, integrating cutting-edge technologies, specifically Artificial Intelligence (AI), is no longer a mere luxury but an operational imperative.

The Imperative of Personalized Learning in the Contemporary Landscape

Evolving Industry Mandates: With a significant portion of the skill set integral to many roles expected to change in the coming years, there is a pressing need for learning mechanisms that can adapt swiftly and seamlessly in response to industry innovations.

Shifts in Employee Expectations: Employee autonomy in professional development is gaining prominence. Recent studies indicate that a large proportion of the youth show a strong preference for self-directed and self-paced learning. This trend is not just a passing observation; it underscores the critical need to transition from a one-size-fits-all methodology to a more personalized, individual-centric approach in learning and development.

AI as the Vanguard in Shaping Learning Trajectories

The intersection of AI and professional development has birthed a plethora of benefits:

Strategic Business Alignment: AI fortifies the symbiotic nexus between individual’s personal development and organizational competitive advantage by harmonizing pedagogical vectors with corporate stratagems. AI enables enterprises to pinpoint latent competencies and skill lacunae through its clear insights, catalyzing targeted developmental initiatives.

Precision in Recommendations: Utilizing sophisticated predictive algorithms, AI delves into the nuanced intricacies of an individual's academic trajectories and cognitive gaps, offering a bespoke learning paradigm. The dynamic adaptability of AI cultivates an evolving pedagogical architecture, ensuring that learners are consistently aligned with their aspirational benchmarks and scholarly objectives.

Relevance

in Content

and Further Augmentation:

AI's prowess can recommend relevant content / modules / resources based on the past search history, skill gap, role of individual. This not only makes the individual interested in the content but ensures effective absorption making them consistently abreast with contemporary insights. AI can augment existing content by adding additional resources fostering an application-centric academic milieu.

Personalized Assessments and Learning:

Based on the employees’ job roles AI can tailor assessments to gauge specific skill gaps. AI can amalgamate insights from a vast corpus of scholarly repositories, ensuring content genesis that is not merely accurate for that learner but also matches industry context.

While AI charts the learning odyssey, metrics anchor its purpose – ensuring individual growth harmonizes with organizational ascendancy.

DR. YOGITA PATRA

DGM, Corporate HR,DS Group

Enhanced

Engagement via Simulations

and

AI-orchestrated simulations o er learners to re ne competencies within a sanctum without real-world repercussions. The gami ed constructs serve as a catalyst for an immersive and invigorating learning journey.

Gamification:

Learner Data Analysis: The learner data analysis can provide patterns of strength and weakness of individuals to curate personalized content and further suggestions of improvement. AI can predict future learning needs and provide recommendations.

Multimodal Learning: AI can cater to diverse preferences like some individuals may prefer videos, while others might prefer reading or hands-on activities. Disparate formats can be created based on the learner preference.

Unprecedented Scalability: With its cloud-centric infrastructures, AI guarantees that irrespective of the learner volume, AI can create a dynamic, personalized, and engaging learning environment. Employing AI, institutions can seamlessly disseminate updates or novel modules, ensuring a homogeneous and synchronized academic experience across disparate geographies.

AI's Role in E ectuating Tangible Learning Outcomes

The genuine mettle of a training initiative is not just in its dissemination but in its tangible outcomes —

Enhanced Retention: AI-powered learning can close skill gaps e ectively fastening the individual career growth in the organization. This facilitates employee loyalty and thus higher retention.

Optimized Return on Investment: The precise and strategic nature of AI-enabled training enhances the qualitative and quantitative returns on training investments. By aligning training more closely with individual needs and organizational objectives, rms can witness increased revenue, cost savings, high retention, error free tasks, and higher productivity.

Metrics – The Lighthouse in the AI-Powered Learning Voyage

As the corporate world increasingly imbibes AI in its learning and development endeavors, the narrative's success will inevitably hinge on meticulously chosen, astute metrics. While the allure of technology is undeniable, it is pivotal for organizations to ground their AI-driven initiatives in measurable outcomes.

Whether it's gauging skill acquisition, assessing behavioral changes in real-world scenarios, or quantifying the impact on organizational KPIs, these metrics will serve as the compass, ensuring that the voyage of AI-powered learning is not just technologically advanced but profoundly impactful. In essence, while AI sets the course, metrics ensure the journey remains purposeful, yielding dividends both for the individual and the collective organizational fabric.

Dr. Yogita Patra is a Ph.D. in Human Resource Management from Amity University.With an illustrious career spanning 14+ years,Dr Patra has contributed her expertise to renowned organizations such as HCL Infosystems & Pearson and premier management institutes.She is an accomplished professional who holds the position of Deputy General Manager at DS Group. With a strong background in management and a proven track record of leadership, she plays a crucial role in the company's success. Her dedication, strategic thinking, and innovative approach has contributed signi cantly to DS Group's growth and market prominence. Yogita's commitment to excellence and her ability to drive results make her an invaluable asset to the organization, and she continues to inspire and lead the Learning & Development department towards continued success at DS Group.

DR. YOGITA PATRA

CSR AT SYNOPSYS: Architecting a Vision for Sustainable Evolution

Corporate Social Responsibility (CSR) often gets relegated to mere window-dressing in the corporate world's vast expanse. Contrasting this norm, Synopsys stands as a pinnacle, architecting impactful CSR strategies that translate into palpable change.

1. STEM Education: Illuminating Minds

A recent report projects that by 2030, over 30% of global GDP will be digitized. Recognizing this pivotal shift, Synopsys has prioritized STEM education, particularly in underserved sectors. According to UNESCO, students in remote and semi-urban areas often lag 2-3 years behind their urban peers in scholastic achievements.

Synopsys aims to reduce this divide through its targeted educational programs, empowering the next wave of digital frontrunners. Furthermore, as industries increasingly gravitate towards automation and data-driven strategies, Synopsys's commitment ensures a workforce ready to meet tomorrow's challenges. This proactive approach not only strengthens the technological fabric of the nation but also equips its youth with tools for the global arena.

2. Infrastructure and Scholarships: Constructing Futures

Research by the World Bank underscores that every additional year of schooling can amplify an individual's future earnings by

approximately 10%. Synopsys's significant infrastructure investments and robust scholarship programs don't merely offer financial relief. They sculpt pathways to prosperity, ensuring economic constraints don't stifle dreams.

Such investments resonate with a long-term vision, where fostering talent at the grassroots level leads to collective societal advancement. Synopsys promotes individual success and catalyzes community growth and national progress by levelling the educational playing field.

BIJAY CHOWDHURY

- CSR and Philanthropy (Asia Pacific) | Synopsys Inc.

In this age of societal flux, thoughtful CSR endeavours are not a sideline anymore. It lies at the very core of our identity. Through every initiative, we aim to architect a vision for a global community where progress, inclusivity and sustainability coalesce.

Head

3. Environment: Commitment Beyond Rhetoric

Research indicates that India lost an alarming 1.6M hectares of tree cover between 2001 and 2020. Given this scenario, proactive environmental endeavours have become more critical than ever.

Synopsys's commendable tree-planting initiatives, notably in Bangalore and Hyderabad, highlight the company's dedication to ecological restitution. Beyond token gestures, these initiatives foster biodiversity, improve air quality, and contribute to green and sustainable urban landscapes. Through these efforts, Synopsys sets a compelling precedent for corporates to transition from passive acknowledgement to active conservation.

4. The Northeast Initiative: Bridging the Gap

Despite its rich cultural contributions, India's Northeastern region has often been spotlighted for its developmental disparities. Synopsys's dedicated efforts here, especially in the educational sphere, resonate with the intent to harmonize growth across India's diverse topography.

These endeavours address the pressing need to integrate marginalized regions into the nation's mainstream developmental narrative. By catalyzing infrastructural and educational advancements in the Northeast, Synopsys is uplifting a region and contributing to the holistic progress of the nation.

5. Diversity and Inclusion: Enacting Change

Data reflects a burgeoning emphasis on diversity and inclusion, with companies that foster inclusivity reporting 19% higher innovation revenues. Synopsys doesn't merely echo global sentiments but

actionably integrates them.

The "Hope in a Cup'' initiative in Hyderabad exemplifies this ethos, offering a tangible platform for the LGBTQ+ community, underscoring a broader narrative of inclusivity. This initiative highlights the company's belief that diverse perspectives fuel creativity and drive innovation. In doing so, Synopsys advocates for social justice and strengthens its organizational fabric by embracing varied voices and experiences.

6. Healthcare and Inclusive Development: The Synopsys Endeavor

According to the World Health Organization, nearly half of the world's population cannot access essential health services. Addressing this, Synopsys has pioneered projects ensuring healthcare accessibility, exemplified by the diagnostic centre in Sitaram Bagh, Hyderabad. Their commitment extends further to children with disabilities, showcasing an encompassing CSR blueprint.

Such focused interventions speak to a broader goal of creating equitable healthcare landscapes where the vulnerable aren't left behind. Synopsys is charting a path for others to follow in global health engagement by converging technology, philanthropy, and a vision for comprehensive well-being.

Synopsys: Leading the Way in Genuine CSR Commitment

Synopsys's foray into CSR isn't an adjunct to its corporate portfolio; it's emblematic of its ethos. With a discerning eye on creating sustainable, measurable impact, the organization has seamlessly woven societal betterment into its operational fabric. As Synopsys continues its journey, its strategy is a lodestar for corporations worldwide, advocating impactful,

discerning, and genuine CSR initiatives. In an era where corporate responsibility often risks becoming mere rhetoric, Synopsys is a compelling illustration of actionable commitment. Its holistic approach to CSR reaffirms the belief that businesses can, and should, be formidable catalysts for societal transformation.

Bijay heads Corporate Social Responsibility (CSR) across the expansive Asia Pacific region for Synopsys Inc., where his leadership shapes transformative initiatives. His illustrious career path has seen him contribute his expertise to renowned organizations including KPMG, Deloitte, Hewlett Packard, and Jubilant, all within the CSR domain.

Bijay's distinctive focus lies in the meticulous management of the 'Social' facet within the broader framework of ESG (Environmental, Social, and Governance). With a rich tapestry of experience woven across diverse industries such as pharmaceuticals, IT, and management consulting, he has honed his skills to perfection.

His specialization extends from the inception of CSR projects, where he plays an instrumental role in their design and formulation, to their ultimate culmination in comprehensive reporting. Throughout this journey, Bijay remains unwaveringly committed to upholding the highest standards of compliance. His unwavering dedication ensures that Synopsys Inc. is not merely a technology leader, but also a responsible corporate citizen deeply engaged in enhancing societal well-being.

BEYOND THE BUZZ: Decoding the Real Power of Digital Transformation

Amidst the ceaseless evolution of technology, the resounding chant of "Digital Transformation" reverberates through industries, spoken by IT experts and corporate leaders alike, all in agreement. Yet, within the folds of this widely echoed phrase resides a critical demarcation—one that separates genuine revolutionaries from those who merely graze the surface.

As the Digital Transformation bandwagon gains momentum, its imperative to discern between mere automation and the profound paradigm shift characterizing authentic transformation. It's emphatically underscored that "Digital Transformation is not about digitization or even automation." It embodies strategically leveraging digital technologies to metamorphose processes, interactions, and business outcomes.

Delineating Digitization and Automation

Delving deeper reveals the nuances distinguishing digitization and automation from genuine transformation. Digitization, a

process of converting paper-based records into digital formats, enhances accessibility. However, it often clings to traditional processes. Conversely, automation optimizes processes and efficiency through technology.

Yet, true Digital Transformation surpasses these enhancements, aiming to overhaul processes, reshape business models, and redefine user experiences. Visualize banks employing video-based KYC or enterprises revolutionizing customer engagement through AI-driven chatbots.

Navigating Transformation: The Future of Leadership

In the intricate landscape of Digital Transformation, leadership plays a pivotal role. Leaders must grasp organizational strategy, culture, and customer dynamics. They must exhibit agility, embracing risk, fostering collaboration, and commanding the trust of stakeholders.

The Challenge of Transformation: A Gritty Reality Check

Amidst the allure, triumphs often remain confined to specific functions, failing to permeate the entire organization. Shockingly, merely 20-25% of enterprise-wide Digital Transformation initiatives meet their objectives. Key factors contributing to this low success rate encompass a lack of clear vision, neglect of process overhaul, customer exclusion, and the absence of a digital mindset.

“Digital Transformation stands as the compass guiding businesses from the known to the uncharted, from the ordinary to the extraordinary.”

VIJAY SETHI

Chairman Mentorkart and Crafsol Technology

In Conversation with Vijay Sethi, Chairman Of Mentorkart & Crafsol Technology

Q Amid the buzz, every IT professional claims involvement in Digital Transformation. Can we truly say that every IT department across Indian organizations is genuinely focused on DT?

From my perspective, it has become somewhat fashionable, even mandatory, to assert engagement in Digital Transformation. Many justify their involvement, even if it's confined to automation or IT upgrades. Let us not forget that Digital Transformation is not confined to digitization or automation alone. It's about leveraging Digital Technologies to revolutionize processes, customer experiences, and business outcomes. While many organizations have initiated endeavours such as conversational BOTs, RPA implementations, or IoT sensor utilization, the question remains—do these initiatives exist in isolation or are they integral threads of a comprehensive transformation strategy?

Q Could you elaborate on the distinction between Digitization, Automation, and digital transformation?

Digitization involves the conversion of paper-based records to digital formats. It streamlines information access but often clings to traditional practices. For instance, utilizing Excel for performance reporting still hinges on digitized, manual methods.

Automation, or Digitalization, employs technology to streamline processes. This could involve deploying ERP systems or workflow automation. It aims to enhance efficiency, collaboration, revenue, or cost-effectiveness.

Digital Transformation, however, transcends these advancements. It aims to revolutionize processes or business models, elevating performance and user experiences. An example would be banks adopting video-based KYC for account opening or businesses deploying AI-driven chatbots for enriched customer interactions.

Q Who should spearhead Digital Transformation within a Company?"

While the CIO is often the apparent leader of Digital Transformation, leadership extends beyond titles. It can emerge from the CIO or any CXO. However, the designated leader must meet specific criteria.

An effective DT leader should possess technical acumen while understanding business strategy, culture, and customer dynamics. They must exhibit agility, navigate evolving technology and shifting priorities. Effective collaboration, risk-taking, and the trust of business leaders are equally vital.

Q "Do All Digital Transformation Initiatives Succeed?"

While there are instances showcasing transformation's transformative effects, such successes often remain confined to specific functions. Statistics indicate that a mere 20 to 25% of enterprise-wide Digital Transformation efforts accomplish their goals.

Q Given the low success rate, What are the primary reasons for the failure of Digital Transformation Initiatives?

From my standpoint, four primary reasons stand out:

- Lack of a clear vision or roadmap, leading to disillusionment after promising proof of concepts.

- Neglect of process reengineering, hindering potential gains due to outdated backend processes.

- Neglecting the actual "customer" –internal and external – resulting in low adoption rates.

- Insufficient focus on cultivating a "digital culture," underscoring that Digital Transformation is largely about people, not just technology.

The Imperative of Transformation: A Compelling Necessity

Amidst these challenges, a pivotal question emerges—why persist in the face of adversity? The resounding answer echoes necessity. In a rapidly evolving business landscape, the question isn't whether to embark on Digital Transformation, but how to navigate it successfully.

In this realm of uncertainty, those with well-defined objectives, robust roadmaps, and a people-centric approach are poised to transform challenges into opportunities.

In conclusion, as organizations navigate this transformative terrain, they must answer the call to nurture a digital culture, bridge the technology-humanity gap, and unleash Digital Transformation's boundless potential. The road ahead is intricate, but those embracing it with vision, adaptability, and empathy will unearth a future brimming with revolutionary possibilities.

Vijay Sethi, a distinguished technology and sustainability evangelist, boasts a remarkable three-decade journey across manufacturing, consulting, and IT leadership. His illustrious career includes pivotal roles at Hero MotoCorp, Ranbaxy, and Tata Consultancy Services. Recognized as one of India's foremost IT leaders, he has earned prestigious awards such as Lifetime Achievement and CIO of the Year, multiple times.

Vijay's expertise spans digital strategy, cyber security, and organizational growth. His advisory prowess extends to guiding corporate management and mentoring startups on transformative IT practices. He has been a driving force behind IT integration during global M&As and the architect of industry-wide digital transformation roadmaps.

A fervent sustainability advocate, Vijay orchestrates impactful projects in tree plantation, water conservation, education, and women's empowerment. His influential roles include Chairman of SAP India User Group and Chairmanship of IT and CSR Committee of SIAM. Serving on customer advisory boards, he champions technology and social initiatives alike.

As a devoted educator, Vijay is a regular speaker at conferences and imparts knowledge at renowned business schools. Notably, he currently serves as the Chairman of MentorKart & Crafsol Technology, a role that complements his lifelong dedication to shaping the realms of IT leadership, digital transformation, and sustainability.

INNOVATION WITH INTEGRITY: Driving Tech Ethics and Sustainability Evolution

"The mark of a visionary VP is not just in driving profits, but in steering the ship of innovation towards a course that benefits both the company and the world."

KSHITIJ MISHRA Vice President- Solution Sales, Skit.ai

Technology is changing all the time, and Vice Presidents (VPs) have a very important job in shaping how it affects businesses and society as a whole. Issues like climate change, inequality, and ethics are becoming more and more important, and VPs have the power to make sure that technology is used in a way that is good for everyone.

As captains of innovation, they're set to steer the course toward responsible tech solutions that make a positive mark on society.I tried to share my thoughts about this topic in an organized way to explain what leaders, like VPs and SVPs, can do about it.

The Strategic Imperative

Vice Presidents have a lot of power in critical decision making that affects many parts of the company. This means they can make sure that the technology is used in a way that's good for the environment and people adopting it. By bringing these important ideas together with the company's vision & goals, VPs can make their companies remarkably successful in responsible innovation and industry leadership.

Creating Rules for Doing the Right Thing

To have technology that's ethical, you need clear rules for making decisions. Vice Presidents (VPs) can be the ones to make these rules, covering important things like keeping data safe, being honest, and treating everyone fairly & removing biases specially from the systems & tools that use AI. When VPs do this, it sets a strong example for the company, and these rules become really important. This helps make sure that technology is used in a way that respects people's rights and makes society better."

Leading the Way in Green Technology

In the world of technology, they can lead the charge in making things more sustainable. They can support the use of environmentally friendly solutions and energy-saving technology. By doing this, they help reduce the pollution caused by tech work. This isn't just good for the environment; it also makes the company look good because it's known for doing the right thing."

Creating Positive Change Through Innovation

Innovation isn't just about making money and becoming famous. When companies use technology to make the world better, it shows they genuinely want to make a positive impact and improve life for everyone. VPs are crucial in inspiring their teams to come up with ideas that solve significant problems with the well-being of society in mind. It's about ensuring that more lives are positively affected on the path to business success. When companies use technology to make the world better, it demonstrates their sincere commitment to making a difference and enhancing the lives of everyone.

Collaborating for a Better World

To make sure we're doing good and ethical things, it's really important for VPs to team up with other groups like outside partners, non-profit organizations, and government agencies and sometimes fellow competitors if it doesn’t fall in conflict of interest of their own organization. They have a big job in making sure these partnerships grow and that we share important ideas and resources. When we work together like this, it makes our projects have a bigger effect, helps us come up with new ideas, and makes positive changes on a bigger scale.

Helping Employees Make a Difference

Leaders have the ability to build a workplace where employees feel a strong sense of responsibility. They can inspire employees to engage in activities like being environmentally friendly and making ethical choices. Leaders can also provide rewards or assistance for projects that benefit the environment or include volunteering. This boosts employees' motivation and enthusiasm.

When leaders and their teams collaborate in this way, it produces excellent outcomes and encourages everyone to be more committed to making the world a better place through responsible and ethical actions.

Open and Honest Talk

Ensuring everyone knows about the good things our organization does for the environment and for doing the right thing is really important. We should tell people about what's going well, what problems we're dealing with, and what we've accomplished. This kind of sharing helps people trust and believe in what our organization is doing. When leaders communicate openly and honestly with their teams, it makes everyone feel good and encourages employees to see that our organization really cares about doing good and being responsible.

Leading the Way for the Whole Industry

Leaders in companies can lead by example, demonstrating how positive outcomes can result from using technology in a responsible and ethical manner. When they share the benefits of responsible tech use, it can motivate other companies to follow suit. This collaborative effort can have a significant impact on the entire industry, promoting greater responsibility and ethics in technology. In summary, these leaders play a pivotal role in ensuring technology is used for the greater good.

The Vision

At the heart of my vision as a Vice President is the commitment to lead by example, championing responsible and ethical technology that leaves a positive mark on our company and and the world. I believe that as leaders in innovation, we have a pivotal role in shaping a future where sustainability and ethics are at the forefront of technological advancements.

By

prioritizing long-term benefits over short-term gains, we can create a technological landscape that not only serves our immediate needs but also contributes to the well-being of society and the planet.

I see my role as a guardian of ethical standards, ensuring that our innovations not only benefit us today but also pave the way for a future where technology is harnessed for the greater good.

With an extensive background spanning various sectors such as fintech, banking, debt collection, aviation, telecom, and retail, Kshitij Mishra is a highly accomplished leader driving impactful growth in presales and solution sales. Currently holding the position of Vice President - Solution Sales at Skit.ai since August 2021, Kshitij leads the Solutions Consulting and Value Engineering teams, strategically shaping the company's operations across India, Southeast Asia, and the USA.

Kshitij's expertise lies in Speech AI and cloud-native SaaS solutions for the US market. Their proficiency in building and guiding cross-industry teams has resulted in innovative solutions that exceed client expectations. They excel in comprehensive sales enablement, ensuring value-based approaches align with crucial business objectives. Collaborating closely with product, marketing, engineering, and external partners, Kshitij plays a vital role in directing Skit.ai's course and developing AI-first SaaS offerings.

Committed to delivering measurable outcomes, Kshitij's dedication to shaping AI and SaaS success is evident in their unwavering focus on value-driven solutions that span industries and technology landscapes. With a track record of fostering innovation, collaboration, and tangible growth, Kshitij is dedicated to advancing both the company's and clients' objectives in the rapidly evolving technology space.

Together, we can inspire others in our industry to follow suit, fostering a culture of responsibility and making a lasting impact on our organization and the broader tech community.

Transformative Potential of Generative AI for Enterprise Innovation

In today's fast-paced business landscape, innovation is the lifeblood of enterprise success To thrive, companies must continuously explore new ideas, enhance productivity, reduce costs, and bring groundbreaking solutions to market swiftly. In this pursuit, the transformative potential of Generative Artificial Intelligence (Generative AI) is increasingly becoming a driving force behind enterprise innovation

ProductivityEnhancementsAcross Sectors

One of the most immediate and tangible benefits of Generative AI is its capacity to boost productivity across various sectors By automating time-consuming and repetitive tasks, employees can focus on more value-added activities For instance, Generative AI can create inspirations for new designs Reports suggest that businesses using Generative AI tools can improve productivity by up to 14%

Furthermore, Generative AI implementations have led to a decrease in project turnaround times, enabling faster market responses. This technological leverage translates into a competitive edge, allowing businesses to stay ahead in today's dynamic market landscape

ManufacturingandSupply ChainOptimization

In manufacturing, Generative AI can optimize production processes. It can analyze vast datasets to identify inefficiencies, recommend process improvements, and predict maintenance needs Reports state that AIdriven improvements in production had reportedly reduced downtime in manufacturing plants by 20% Generative AI can also streamline supply chain management by optimizing inventory levels, transportation routes, and demand forecasting. The precision and adaptability of Generative AI have led to enhanced quality control, ensuring products meet the highest standards. Additionally, with real-time monitoring capabilities, companies are better positioned to respond to supply chain disruptions, ensuring uninterrupted service to their customers

CostManagementThrough GenerativeAI

Cost reduction is another perennial goal for enterprises

Ihavewrittenmanypracticalusecasesandhow companiesinthewesthaveadoptedthistosolve businessproblemsinmybest-sellingbook “DisruptiveSiege:AGuidetoUsingDigitalTechfor DisruptingBusinessModels.”Thebookalso highlightsthechallengesandtheirpossible mitigationssothatGenerativeAIdeploymentis smoothandwithdefinitiveROI.

PuneeshLamba

Forexample,businessesdeployingAI-poweredchatbotshaveseenuptoa30%decreaseincustomerservice operationalcosts Moreover,insectorslikefinance,AI-poweredalgorithmscananalyzevastdatasetsfor anomalies,withthepotentialtodecreasefrauddetectioncostsby25%

Beyondthesesectors,GenerativeAIcanalsooptimizemarketingspendingbytargetingadsmoreefficiently, resultinginbetterROI.Additionally,predictiveanalyticspoweredbyAIcanaidinstrategicdecision-making, ensuringresourcesareutilizedoptimally,furtherdrivingdownoperationalcosts.

ResourceOptimizationand ProcurementBenefits

GenerativeAIcanoptimizeresourceallocation ReportsindicatethatbusinessesusingAI-driven energymanagementsaveupto40%ontheir energycosts ProcurementbecomesmorecosteffectivewithAIidentifyingpotentialsuppliers andnegotiatingbetterterms Intheworldof humanresources,GenerativeAIcanforecast staffingneedsbasedonbusinesstrends,ensuring thatteamsareadequatelystaffedand understaffed

Additionally,AI-enhancedlogisticscanpredict optimalstoragesolutionsanddistribution channels,reducingoverheadsandwastage Moreover,byanalyzingconsumerbehaviourand marketdemands,businessescanallocate resourcesmoreeffectivelytohigh-potential areas,maximizingbothrevenueandcustomer satisfaction

AcceleratingResearchand Development

Generative AI's role in research and development is pivotal. In drug discovery, Generative AI can reportedly reduce the time and resources needed to identify potential drug candidates by up to 50%, bringing life-saving medications to market faster Beyond the pharmaceutical space, Generative AI aids in material science, assisting researchers in identifying novel materials with desired properties, potentially revolutionizing industries from construction to electronics.

Automation through Generative AI can reduce labour costs associated with routine tasks.

In the environmental sector, AI-driven analysis can help pinpoint areas for sustainable advancements, catalyzing the development of eco-friendly innovations Furthermore, Generative AI can automate the analysis of vast academic databases, highlighting connections between disparate studies and fostering interdisciplinary breakthroughs.

FacilitatingCreativityandMarket Insights

Inproductdesignandmarketing,GenerativeAI offersaplethoraofadvantages Companies usingAIintheirmarketingstrategieshave witnesseda20%improvementinROI,thanksto insightsgeneratedbyAI

Additionally,GenerativeAIassistsintailoring productdesignsbasedonconsumer preferences,ensuringahigherdegreeof product-marketfit.Italsoenablesreal-time adaptationofmarketingcampaigns,allowing businessestoresonatebetterwithdynamic consumersentimentsandcaptureemerging markettrends.

ChallengesandEthical Considerations

While the potential of Generative AI for enterprise innovation is immense, challenges persist Ensuring data privacy, training employees, and addressing ethical considerations are crucial It's estimated that businesses might spend up to 15% more on AI training and ethics management by 2025. Balancing the rapid integration of AI with responsible and transparent deployment is critical to fostering trust among stakeholders. Moreover, as AI systems become more complex, continuous monitoring and refinement become essential to prevent unforeseen consequences and ensure alignment with organizational goals

TheParadigmShiftandtheFuture

In a nutshell, Generative AI not only propels businesses into the forefront of technological advancements but also reshapes the very fabric of organizational strategies and operations By synergizing human creativity with AI's computational prowess, companies can unlock unprecedented opportunities and navigate the complexities of the modern market with agility and insight. By doing so, they position themselves not just as industry survivors but as trailblazers, setting benchmarks for innovation and efficiency This transformative journey with Generative AI promises enhanced profitability and a sustainable approach to the evolving global business landscape

Puneesh Lamba

Puneesh Lamba is a senior IT Leader who has worked across the globe, primarily in India, USA, and Europe in diverse industries He is an engineer with Advanced Strategy and Information Technology courses from Kellogg School of Management and IIM-Ahmedabad With more than 29 years of experience and a pioneering spirit in disruptive technologies, Puneesh is a global thought leader, a STANFORD SEED Consultant, and an active mentor for many technology start-ups in India and Africa

From Industry 1.0

to 5.0:

A Transformational Journey Through Technological Revolutions

Amidst the ever-shifting tides of the modern business world, where the pursuit of innovation and sustainable growth is paramount, companies across all industry verticals invest significantly in optimizing their processes Balancing social responsibility with financial viability while striving for long-term sustainability is the ultimate goal for every business Small-scale operations, initially thriving within niche ecosystems, often face barriers to substantial success due to limited technical knowledge of machinery, products, and processes

Moreover, conventional manufacturing processes tend to impose limitations on exponential growth Organizations frequently encounter challenges when introducing new products Resource constraints, limited competitive insights, and a lack of comprehensive data hinder their efforts Modern customers, on the other hand, demand variety, costeffectiveness, quality, and agility in products and services Technology plays a pivotal role in enhancing efficiency, safety, and productivity, ultimately driving extensive automation and connectivity

In this era, instant access to information is crucial for efficient work processes Whether it's providing timely updates to clients, keeping the shop floor team informed about raw material statuses, offering realtime insights to dispatch teams, granting management a clear overview of the entire business, or facilitating client payment tracking, technology has become indispensable

Background

The world has witnessed diverse business models across various industries for generations These models continually evolve to expand businesses, reach wider audiences, and increase revenues This progression aligns with the various Industrial Revolutions:

Industry1.0:HarnessingthePowerof Water,Coal,andSteamforMechanical ManufacturingFacilities.

Industry2.0:MassProductionandDivision ofLaborPoweredbyElectricity.

Industry3.0:AutomationofManufacturing throughElectronicsandIT

Industry4.0:SmartAutomationLeveraging IoT,IIoT,AI,ML,Robotics,andMore.

Industry5.0:TheimpendingIndustry5.0 focusesonCustomization,Innovation,and Humanization.

While industrial revolutions have driven growth, they have also contributed to environmental concerns, such as increased carbon emissions and waste Despite these challenges, each generation has embraced change, innovation, and agility to deliver novel products and services for a better quality of life

Digitaltransformationpropels businessestowardsafutureof efficiency,costsavings,andsuperior quality.LeveragingAI,IoT,ML,AR/VR, Robotics,andAnalyticsensureslongtermsustainability." BirenV.Parikh

TheWayForward

Technology Everywhere: Businesses now leverage technology to automate tasks, enhance decisionmaking, improve product quality and services, and optimize customer experiences This trend increases efficiency, reduces costs, and empowers employees to focus on value-added tasks

Industry Automation: Industry automation encompasses smart and connected production systems designed to capture, analyze, predict, and interact with the physical world. Key technologies for industry automation include Big Data and analytics, Smart Factory/Robots, AR/VR (Augmented/Virtual Reality), Internet of Things (IoT/IIoT), Artificial Intelligence (AI), the Cloud, Cybersecurity, and Machine Learning (ML).

Automation offers several benefits, including increased productivity, accuracy, safety, quality, smart factories, and repeatability. It involves creating software and systems to replace repetitive tasks, accelerating IT infrastructure and application delivery while reducing manual intervention.

MajorTechnologiesforIndustry Automation

BigData&Analytics:Enhancedecisionmakingandprocessimprovement.

SmartFactory/Robots:Improve manufacturingefficiency.

AR/VR(Augmented/VirtualReality): Enhanceproductdesignandcustomer experiences.

IoT(InternetofThings)/IIoT(Industrial InternetofThings):Enablereal-timedata captureandanalysis

AI(ArtificialIntelligence):Automate complextasksandprocesses.

TheCloud:Facilitatedatastorage,access, andscalability.

Cybersecurity:Ensuredataprotectionand systemintegrity.

ML(MachineLearning):Enablepredictive maintenanceanddata-driveninsights.

UseCasesofIndustry Automation

Manufacturing:Sensorsoptimize materialandmanpowermovement, improvingcommunicationwith customersandvendors

Automotive:AIandIoTenhancematerial forecastingandrobot-assistedpainting. RealEstate:AR/VRaidsinproperty visualizationbeforeinvestment.

Courier:IoTallowsreal-timetrackingof deliveries.

Banking:AutomationsimplifiesEKYC, loanprocesses,frauddetection,and statements.

TransportandLogistics:Automation improvesrouteoptimizationandGPS tracking

Medical:Remoteoperations,data analytics,androboticsurgeryadvance healthcare. Conclusion

In Conclusion, to achieve enhanced production and operational performance while reducing costs, businesses must adopt innovative technologies Digital transformation creates efficient ecosystems, connecting digital enterprises, customers, and suppliers

Organizations must become datarich to sustain growth, leveraging technologies like AI, IoT/IIoT, ML, AR/VR, Robotics, and Analytics to succeed The effective use of these technologies offers a competitive advantage, propelling businesses to new heights.

Biren Parikh

Biren Parikh is an accomplished Chief Information Officer (CIO) with a distinguished track record of driving innovation and excellence in various manufacturing sectors, including Building Materials, Pipe & Fitting, and Auto Ancillary With a career spanning decades, Biren has become a revered figure in the realm of Information Technology.

His proficiency encompasses a spectrum of technologies and methodologies, from SAP to Business Process Automation. Biren's prowess extends to SAP Implementation, Customer Relationship Management (CRM), Robotic Process Automation (RPA), Internet of Things (IoT), IT Strategy formulation, and Service & Policy Management

His holistic approach to IT leadership has consistently delivered results, elevating organizations to new heights.

His commitment to innovation and his ability to align IT strategies with business goals make him an invaluable asset, propelling companies toward sustainable growth and competitive advantage in the ever-evolving technological landscape.

In his current role as a Virtual CIO, Biren harnesses technology as a strategic enabler for organizations, transcending geographical boundaries. Under his guidance, businesses have thrived, adapting to the digital age with resilience and agility

Biren is also a visionary leader, leveraging his extensive experience to shape the future of manufacturing industries.

The Data-Driven Plate:

How AI and Apps are Revolutionizing Nutritional Tracking

Amidstanagecharacterizedbyincessant technologicaladvancements,thediscipline ofnutritionpresentsitselfasanarena poisedforsignificanttransformation Historically,the determinantsofdietarydecisionswererootedin traditions,familialpractices,andingrainedpersonal predilections Contemporarytimes,however, spotlightasalientshift:thesedecisionsnowbear thehallmarkofintricatedata,cutting-edge analytics,andartificialintelligenceprowess Arecentreportshowedthat64%ofhealthconsciousindividualsreliedonAI-basedplatforms toinformtheirdietarydecisions Thistransitionfrom broad-spectrum,generalizednutritionalguidelines tometiculouslycalibrated,individualized recommendationssignifiesanewfoundpinnaclein dietarycomprehension OrganizationslikeChakki Peesing,withtheirinnovativeapproach,aredriving thisevolutionforward

ChakkiPeesing:BridgingTradition withTechnologicalAdvancements

Chakki Peesing, with its acute understanding of dietary bedrock, particularly staples, is not merely navigating but pioneering advancements in this domain

A study elucidated that 47% of Indian households rely on staples as their primary nutritional source Chakki Peesing's avant-garde systems rigorously parse individual propensities, allergies, and nuanced requirements by focusing intently on such foundational dietary components. The resultant output is nothing short of revolutionary a dietary blueprint that echoes the distinctiveness of the individual

Accordingtoa2022report,integratingAIin nutritionalplatformsincreaseduser engagementby38%

Moreover,theconfluenceofAIwithwearables anddiversehealth-centricapparatus accentuatesthecomprehensivenessof insights.Arecentsurveyrevealsthatover58% ofusersfoundinsightsfromAI-powered wearablesbeneficialfortheirnutritional choices.ChakkiPeesing,withitssynthesisof traditionandmodernity,seamlesslydovetails intothisdigitalfabric,promulgatingan unparalleledconfluenceofage-oldwisdom andstate-of-the-arttechnology.

TheAscendancyofDigitalNutritionalParadigms

Today's nutritional foray is intricately interwoven with platforms that represent advanced digital sophistication Their arsenal, comprising voluminous databases of dietary items and algorithms that are the zenith of advancement, presents a panoramic vista into dietary inclinations and habits.

TheZenithofPersonalizationwithAI

ThemeldingofAIintothenutritionalambithas unfurledalandscapewherepersonalizationisa non-negotiableimperative A2023report emphasizedthatpersonalizeddietary recommendationsledtoa45%greater adherencerateamongindividuals Chakki Peesing'smeticulouslycuratedandoptimized offeringsechothissentiment,ensuringthat consumersexperienceadietaryregimentailored withunparalleledprecision

HumanExpertise:AnIndispensablePillar

While digital apparatus and AI are unequivocally potent, their capabilities are accentuated when juxtaposed with the acumen and sagacity of human professionals. A survey revealed that 81% of respondents valued the blend of AI data with human expertise in their nutritional journey This intricate balance, an amalgam of machine precision and human dexterity, is a philosophy Chakki Peesing ardently advocates for Its methodology harmoniously integrates AI-driven elucidations with the sagacious counsel of seasoned dietitians.

PeeringintotheHorizon

The trajectories that the future promises, particularly in this domain, are bound to be characterized by deeper integrations, greater precision, and a heightened emphasis on individuality

With genomic dietary customization on the horizon, a 2022 prediction anticipated that by 2030, over 50% of nutritional recommendations will factor in genetic data

With pioneers like Chakki Peesing illuminating the path, the future seems poised for an era where proactive, personalized nutritional interventions become the norm.

SculptingANewEraof ConsciousNutrient-RichFood

The integration of nutrition and technology today forecasts a future where dietary decisions are anchored in a complex matrix of data, individuality, and precision Chakki Peesing with its consistent dedication to innovation and deep respect for tradition, stands as a prime example of this partnership's vast potential.

As society approaches this new horizon, informed dietary choices are set to become the norm, determining the health paths of subsequent generations With trailblazers like Chakki Peesing, the conversation moves from mere sustenance to a holistic approach where each meal is a conscious selection, ensuring optimal health in our interconnected global community.

Embracingthesynergyofnutritionand technology,we'recraftingthefutureof consciousconsumption.AtChakki Peesing,everymealbecomesa deliberatesteptowardglobalhealth betterment.

—RajeevKhera

Rajeev Khera

Meet

A seasoned sales professional with a rich background in the IT and telecom sectors Rajeev brings a wealth of experience to the tech industry, having successfully led diverse teams and orchestrated cross-functional operations His impressive track record includes securing substantial multi-million USD deals, a testament to his prowess in business development, operations management, channels/alliance management, and revenue ownership

Hailing from a business-savvy family in Madhya Pradesh, Rajeev is not only a sales professional but also an entrepreneur driven by a strong passion for making a profound societal impact through his startup With a remarkable journey of building this venture from the ground up, Rajeev is now focused on assembling a dynamic team poised to elevate the company to unprecedented heights. His core strengths encompass strategic business planning, adept people management, and sharp analytical reasoning a perfect blend of skills for navigating the ever-evolving tech landscape Join us as we explore Rajeev Khera's insights and expertise in the world of technology and entrepreneurship

Rajeev Khera, affectionately known as the "Flour Man"

Industrial Edge: The Pioneering Role of

As we navigate the nuances of Industry 4 0, computer vision combined with AI emerges as a foundational pillar, effectively acting as the manufacturing process ' s discerning ' eyes ' The democratization of these technologies is visible as cameras and vision sensors evolve both in size and affordability fueling their growing presence in IoT projects

Computer Vision Intelligence

AutomobileandManufacturing: AnAI-poweredCollaboration

In the automobile world, a harmonious integration of bots and computer vision systems presents a robust defense against human errors, especially when repetitive assembly tasks are in the spotlight These AI-integrated vision systems optimize and fortify operational control, offering the agility to preempt and address manufacturing discrepancies that could spell business interruptions

Computervision(CV)systemsintheautomobile/manufacturing industryhelptoimproveoperationalcontrol.ConnectedAI visionsystemsprovidetheinfrastructuretodetectandreactto manufacturingissuesthatwouldleadtocostlybusiness interruptions.

Illustratively, the task of meticulously checking filling levels and ensuring precise capping in bottling plants? Entrusted to computer vision intelligence In the realm of autonomous vehicles, the reliance on computer vision computation becomes paramount for object detection and real-time decision-making, producing terabytes of image/video data in fleeting moments

Checking filling levels and caps in a bottling plant is being taken care of by computer vision intelligence

Harnessingthesynergyofcomputervision andAIisallaboutre-envisioningand revolutionizingourmanufacturingprocesses forthefuture.

-VivekGoyal

SmartCities: VisioningaSafer,EfficientTomorrow

Governments globally are anchoring their aspirations on the smart city model Enhanced law enforcement, civilian safety, and streamlined city operations form the crux of this investment. These future cities envisage an ecosystem peppered with low-power sensors, cameras, and AI algorithms, fostering continuous, real-time urban monitoring. A practical case in point?

Computer vision pinpointing a construction site worker bypassing safety protocol, thereby amplifying site safety standards

Governments globally are anchoring their aspirations on the smart city model Enhanced law enforcement, civilian safety, and streamlined city operations form the crux of this investment These future cities envisage an ecosystem peppered with low-power sensors, cameras, and AI algorithms, fostering continuous, real-time urban monitoring A practical case in point?

Computer vision pinpointing a construction site worker bypassing safety protocol, thereby amplifying site safety standards

ScalingChallenges

ComputationalRequirements:

High-performancecomputervisionAI/MLapplications necessitatesignificantcomputationalprowessfor real-timeresponsiveness.Furthermore,asthese applicationsevolveincomplexity,thedemandfor computationalcapacityescalates,underscoringthe needforstate-of-the-artinfrastructureand optimizationtechniques

DataManagement:

Craftingarobustblueprintfordataingestion,storage, safeguarding,andinfrastructuralcoherenceremains pivotal Withoutameticulouslydesignedframework, eventhemostadvancedcomputervisionmodelsrisk inefficiencies,potentiallycompromisingthedesired outcomesandoperationalintegrity

TheNVIDIADeepStreamParadigm

NVIDIA's DeepStream makes the path from pixel data to profound insights lucid. Anchored in the robust GStreamer a dynamic open-source multimedia framework DeepStream offers a palette of capabilities for profound video analytics. Whether orchestrating traffic dynamics in a smart city or monitoring health metrics in hospitals, DeepStream emerges as a trusted ally

DataQuality:

Thequestforcopious,high-caliberdataremains achallengeforexpansivecomputervisionAI/ML applications.Suchdataservesasthebedrock forrefiningalgorithms,ensuringthattheyare preciseandconsistentlyreliableinvariedrealworldscenarios

ModelPerformance:

Calibratingexecutiveanticipationswithtangible AImodeloutcomescanbeanuancedendeavor. Strikingabalancebetweenvisionaryaspirations andon-groundtechnicalrealitiesoftenrequires adeptcommunicationandathorough understandingofthetechnology'scapabilities andlimitations

In the world of enterprise CV applications, IP cameras remain instrumental Two distinct topologies often come into play:

Integrated Cameras mated to an onboard computer equipped with GPU firepower (like Nvidia Jetson) IP Cameras tethered to an edge server, armed with one or multiple GPUs (akin to Nvidia Tesla T4)

CV identifying a worker without a safety helmet on a construction site

ModelTraining:

TheCruxofEnterpriseCV

Training is intrinsic to an enterprise CV application's DNA This meticulous process demands a clear problem statement, identification of target object classes, gathering tailored data, and judiciously cherry-picking the most efficient post-training model. Once armed with trained models, these are deftly deployed in containers, ingesting real-time video feeds, culminating in object detection The resulting insights? Channeled into a queue (like Kafka) for intuitive interpretation and dashboard representation

Embracing large GPU workloads, especially closer to the data's genesis be it on the edge of a proprietary data center ensures a medley of benefits This spans security, cost-effectiveness, and operational proficiency For extensive workloads, the proposition of deploying an NVIDIA V-100 within a private infrastructure often overshadows the allure of public cloud platforms

Fortrainingamodel: First,weassesstheproblem statementanddeterminethe targetclassesofobjects.Next, wecollectdataspecifictothe targetsiteswherecamerasare deployed.Thisdatais annotatedandverifiedtobe usedfortraining.Basedonthe enterprise'srequirementto havebetterprecisionorrecall, wepickasuitablemodelfor training.Aftertrainingafew modelsweassesstheir efficiencyandaccuracybefore finalizingthebestonetobe deployed.

TheDeepStreamPipelineisbasedonGStreamer. GStreamerisapowerfulopen-sourcemultimedia frameworkthathelpsyoubuildaudioandvideo processingpipelines.

A typical CV application working in real-time

VisioningtheFuture

From surveillance intricacies to ensuring assembly line quality, from the training rigors of autonomous vehicles to parsing drone feeds, computer vision emerges as a linchpin in Edge Computing and Industry 4.0. Sectors like airports, government, and defense, where image sensitivity is paramount, will find the aforementioned approach optimal It guarantees scalability, performance, and innovation, all cocooned within the safety of their data centers

An example on the horizon? Applications like DigiYatra are already operational at Delhi Airport. This pivot towards computer vision AI in smart governance promises not just operational enhancement but also a visionary approach to policy-making, service delivery, and urban safety

Vivek Goyal

Vivek Goyal is a dynamic technology professional, specialised in crafting Enterprise IT Solutions with a sharp focus on Systems Architecture and Design His extensive expertise spans from the realms of Cloud computing and DevOps to the intricacies of complex Application Development and cuttingedge Product Engineering.

With a rich and extensive three-decade-long career, Vivek has led organisations to reach new heights of excellence imparting insights on Architecture, Application Development/Modernization, and deployments both in the Cloud and On-premise His counsel encompasses best practices in product development, software quality, change management, AI/ML, security, and performance engineering

Having worn the hat of a Pre-Sales specialist for myriad software products, Vivek possesses a nuanced understanding of the market's pulse His leadership has seen high-calibre developer teams flourish, turning vision into tangible products and executing sophisticated software service projects.

Vivek is passionate about building Cloud Native Product Architectures. Every business challenge excites him as it presents an opportunity to leverage the best of technology and innovation, ensuring that solutions are not just effective but also ahead of the curve

DigiYatra is expanding its capabilities at four new airports

Sr.EnterpriseSolutionArchitect,RedHat

Theagriculturalecosystemisa dynamiclandscapethat,through anage-oldsystemofsupplyand demand,producesanddeliversfood However, challengeslikealackoftransparency,traceability, andtrustabilitythwarttheconceptofapictureperfectlivestockproductionsystem Farmers’ businessesandtherelationshipbetweenfarmers andbuyersaremarredbyinadequateinformation regardingfoodqualityandsustainability,concerns aboutethicalfarming,livestockhygiene,material handling,temperature,andfinancialclarity

Whiletechnologicaladvancementshavetakenthe agrariansectortounprecedentedheights,this discussionventuresintoanewdirection.Itopens thedoortoarevampedecosystemwhere technologymeticulouslydesignsaworldwherethe ‘farm-to-table’culturereignssupreme.

LivestockFarming: TrialsandTribulations

Livestockproductionhasanunparalleleddemand It constitutes22%ofthefoodexpensesinruralareas and25%inurbanareas Inthecurrentagrariancycle, business-to-consumerbrandsgivefarmers specificationsofthestocktheyrequire,putting strainonlivestockproducerstoreapandyieldcrops thatmeetthepreciserequirements,failureofwhich resultsinmassiveamountsofproducegetting rejectedandwasted one-thirdofcropsgetwasted orspoiltbeforeconsumption andfarmersincurring heavylosses

Today’slandscapeisarevolvingdoorofbetter conditionsandcompliancewithstringentstandards Merelykeepingcountofthenumberofbirds,pigs, andcowsisnotenough;whatmakesallthe differenceisquality,traceability,andsafety

Technological advancements, such as blockchain, smart contracts, and precision livestock farming, categorise meat and fowl based on material handling, temperature checks, packaging, and hygiene The advent of emerging technology in the livestock sector will minimise the wastage of products and maximise value, allowing farmers to grow produce that meets the stipulated provisions

Technologyisthenewreality.Itisthekeytoa digitallyequipped,empowered,transformed livestockfuture.Technologicalprowesscan turnaroundthetidesoflivestockproduction, illuminatingthelandscapewithtransparency, trustability,andtraceability.”

NaveenKumar

Just knowing the number of cows, goats and sheep available in a country is not enough: it is important to have all the data variables and metrics of the owners and the animals

TrailblazingTechnologies: UnlockingaFlourishingLivestockFuture EnvironmentalConditions

Eachanimalreactsdifferentlytoitsenvironment; somereactionsareextreme,somearedisplayed individuallyorinpacks,andsomearetimesensitive,requiringtechnologytomonitoranimal welfare PrecisionLivestockFarming(PLF)orDigital LivestockFarming(DLF)isrevolutionisingthe livestockspherebyleveragingsensorsanddata analytictoolstooptimiselivestockhealth,boost efficiency,andskyrocketproductivity

Thistechnology-driventechniquemonitors livestockinrealtimetodigintothecondition’sroot causeandtakeappropriatemeasures.Metrics,such aslivestockpatterns,weight,nutrientconsumption, andgrowingandrearingtemperatureandclimate, craftamethodologythatallowsfarmerstoproduce thequalityandamountofmeatthatmeetsthe environmentaldemands.

Furthermore,consumerchoicesarebeginningto steertowardssustainabilityandethicalagriculture, wheretheenvironmentalfactorsatthetimeof farmingplayacriticalroleinshapingtheir experience.Inanerawherefoodproduction systemscontributeapproximatelyone-thirdto globalgreenhouseemissions,IoTanddata analytics-drivenprecisionfarmingtechniquesmake productionsystemsandfarmingpractices transparent,helpingconsumerssupportfarmers whoseenvironmentalconsciousnessalignswith theirown.

Traceability and Sustainable Livestock Production

Technologies like blockchain, IoT devices, and Radio Frequency Identification (RFID) forge the path to immutable farm operations, traceability, improved supply chain management, and sustainable livestock production.

As animals and birds undergo individual production cycles, these blockchain solutions monitor the entire cycle and supply chain, empowering farmers to make informed feeding decisions and ensure livestock welfare

Moreover, they document and store vital data regarding animal health, feed sources, transportation routes, and processing techniques, giving consumers complete transparency about the quality and safety of the meat they consume

The first step towards dynamic livestock production is being in the vanguard of digital literacy. Only when farmers, buyers, and the pioneers of change are guided in the direction of skill development, literacy, and awareness can the livestock landscape reform and flourish.”

—NaveenKumar

Barcodes and QR codes open a gateway for customers to learn about the ingredients they consume, their type, history, temperature and humidity during sourcing and the entire supply chain, from the first farming step to the food on their table Additionally, this interconnection system builds a centralised platform for farmers, traders, and buyers to gain end-to-end supply chain clarity and remain in the loop with product tracking

Fair Trading

The agricultural ecosystem will only attain supremacy when farmers are equipped with digital literacy regarding emerging technologies and the knowledge of livestock. A well-structured livestock landscape also supports small farmers, helps them build and expand their businesses, and ensures they receive proper acknowledgement and credits for their quality produce smart contracts facilitate fair trade Blockchain-enabled smart contracts delegate farmers by guaranteeing they receive complete and timely payments by connecting directly with consumers and automating payment transfers from the customer’s account, resolving payment issues.

Additionally, farmers can receive payments according to the agreed-upon stipulations, preventing exploitation, removing the need for intermediaries, controlling disputes, and ensuring transparency across contract clauses, terms, and conditions

Looking Ahead

AgriTech is rapidly crossing milestones, and with the incorporation of technology, it can embark on a journey brimming with immense potential to transform livestock production Technologies like blockchain, smart contracts, precision livestock farming, and IoT devices in the livestock landscape effuse a revolutionised future that catapults agriculture to the sky by ensuring optimum food security and quality, fostering trust between farmers and buyers, enabling fair trade, and monitoring animal welfare

Naveen Kumar

Founder&CEOofMeatByte.com

Armed with a B Tech in Engineering from the prestigious National Institute of Technology Kurukshetra, Naveen masterfully combines technical prowess with business acumen, consistently delivering quality and value to businesses of all sizes. His relentless pursuit of innovation reshapes these industries with each endeavor.

Naveen Kumar, a dynamic entrepreneur, serves as the Founder & CEO of MeatByte.com and as the visionary mind behind PaperBolt.in. He is an agile professional dedicated to elevating the ag-tech, FMCG, and recycling industries. With a rich history in food production, spanning from farm to factory, Naveen excels in project implementation, agriculture farm setup, aquaculture, production management, and startup endeavors.

THE RISE OF DEEPFAKES:

Implications for Cybersecurity

and Authenticity

AI has changed the trajectory of the current and future eras forever. However, it is in a constant game of tug-of-war with cybersecurity over its technologies' use—or misuse—and the recent round of push-and-pull features deepfakes. Even though deepfake technology is not a new contender, it is rapidly garnering both attention and notoriety. While deepfakes exude limitless potential in entertainment and enterprise applications, this AI-powered tool also leaves cybersecurity vulnerable to unauthorized audio, image, and video alteration.

Deepfakes: Rise and Technology

The rise of deepfakes can be traced back to generative AI. This technology operates on two algorithms—one generates datasets based on the result to create fake content, and the other gauges the similarities between the original and its clone. When the two algorithms merge, they make a Generative Adversarial Network (GAN) that leverages deep learning tools to identify the features and patterns of real content and uses them to manipulate it. GAN analyzes images from various angles to capture every perspective and replicate speech patterns, facial expressions, and movements.

How Deepfake Technology Threatens Cybersecurity and Authenticity

Business Fraud

Deepfake technology has joined the ranks of AI tools that can cause significant damage upon falling into the wrong hands. Scammers use deepfakes to create synthetic clones of existing team members or employees to replicate their voice and pose as an office superior, causing deception. It leads to data breaches, leakage of secrets, and unauthorized access to stock information and personal data of employees and clients, disrupting the organizational supply chain.

Phishing

Phishing is one of the most common cyber threats. However, with deepfake technology gaining negative press, businesses are on the lookout for deepfake scams. When disinformation meets phishing, deepfake tools deceive employees into voluntarily making unauthorized monetary exchanges or divulging sensitive information.

Taking phishing a step further, scammers impersonated Patrick Hillmann, Binance’s chief communications officer at Binance, using deepfake technology to create his AI hologram and trick people into joining meetings under pretenses.

Shallowfakes

Shallowflakes are a subset of deepfakes. While the latter uses deep neural networks to pose cybersecurity threats, shallowflakes doctor existing media using editing tools, such as voice editors or photo filters. Often used during political campaigns to spread misinformation, shallowflakes have also begun infiltrating the business landscape.

In July 2023, financial expert and influencer Martin Lewis fell victim to a deepfake scam. Scammers fooled cryptocurrency figures to obtain details of Lewis’ face and voice, altering them in a viral video in which he was encouraging people to use an Elon

Wrapping Up

AI and deepfakes have set a wrong precedent for scammers, hackers, and fraudsters to commit identity thefts, business fraud, and phishing scams. These risks pose cybersecurity threats and require organizations and security heads to remain vigilant.

Deepfake threats can be mitigated by increasing awareness, implementing tighter authentication and identity verification methods, employing deepfake and fraud detection technologies, and training employees to remain alert. Dispelling misinformation and staying proactive is the key to strengthening cybersecurity and preventing deepfake technology misuse.