Bank.net Elicits Mixed Response From Audience

by Julia Fernandes & Amit Tripathi    Oct 28, 2004

Too many vendor pitches, low CIO turnout, but nevertheless informative, is the conclusion that many present at the sixth bank.net exhibition cum conference, held in Mumbai, drew.

With the event concluding today, several delegates who attended the conferences unanimously agreed that the summit was informative, but a formidable section felt otherwise.

Commenting on the first day of the session, a senior manager from a leading telecom company (who did not wish to be named) rued the fact that there were many vendor pitches, and that the speakers ended up speaking more about their solutions rather than discuss the core issues at hand.

However, Prem Behl, managing director, Exhibitions India Pvt Ltd., co-host of the event defended this by saying, “The core idea of the summit is education of the banking user community to new solutions available in the market today, and so it’s but natural that vendors would be speaking about their solutions.”

But Rajendra Kulkarni, deputy general manager-information technology, Bank of Maharashtra who was one of the attendees, felt that there should have been more representation from the user community.

Meanwhile, the CXOtoday reporting team also caught up with some of the exhibitors to obtain their feedback. While Wang Bin, manager, Anshan Macrowell Banking Equipment Co., Ltd., one of the exhibitors, complained about lack of space, Advait Chitalia, business development manager, self-service products, Forbes Gokak Ltd., shared some very interesting observations.

Says Chitalia, “The CIO turnout this year is far less as compared to last year. In fact, 75% of the audience comprised of vendors. Even in terms of the presentations, better moderation and direction of presentation was needed.”

Citing the reasons for the low turnout, Chitalia reasoned that it could be due to too many events taking place, and observed that had the exhibition been held over the weekends, the turnout could have been much higher.

However, Behl felt that qualitative input of the crowd has improved. Explaining his stand he continued, “Last year the crowd consisted of IT managers and mid-level personnel visiting the exhibition. But, this year has brought more decision and policy makers to the conference. So while the numbers may have declined the quality has definitely improved.”

“Even if a vendor gets one customer he will be happy, rather than have 100 visitors and no sales”, concluded Behl.

Tags: events, people