Indian business leaders reflect on the future of Technology on National Technology Day 2023
Dr. Mukesh Gandhi, founder and CEO, Creative Synergies Group
Dr. Mukesh Gandhi, Founder and CEO, Creative Synergies Group: “India is poised for a digital revolution, but to excel in digital innovation, we need to promote a research-oriented approach to technology. Initiatives focused on establishing centers of excellence to train the youth in emerging tech and incentives for start-ups and new businesses can only work if the knowledge-base aggressively enables the economy to become self-reliant. A research-oriented approach can clearly unleash the untapped potential of EVs and robotics in emerging markets like India.
At Creative Synergies Group, our proven track record in digital engineering innovations with 40+ Fortune 500 companies worldwide enables us to empower large and mid-size businesses in India. On this National Technology Day and beyond, we are committed to supporting brands to define and realize their vision for the digital future. We are very bullish about India’s economic growth projections and look forward to playing a meaningful role in driving innovation.”
Mr. Nitish Rai, Co-Founder and CEO, FreightFox
Mr. Nitish Rai, Co-Founder, and CEO, FreightFox: “Manufacturing logistics is a complex and multi-echelon ecosystem that poses a range of obstacles for companies in freight movement. From fragmented information systems to unpredictable shipping costs, these challenges can make it difficult to operate efficiently and effectively. However, over the years, India has developed an innovation-driven community who are using cutting-edge technology to solve complex challenges in the manufacturing logistics industry. At FreightFox, we are proud to be part of this community that employs state-of-the-art technology to address intricate obstacles in the manufacturing logistics sector.
On this National Technology Day, we are committed to improving the freight ecosystem by providing credible freight market intelligence and granular visibility into routes and expenditures. With our integration and data-driven solution development on top of ULIP (Unified Logistics Interface Platform) developed by NLDSL, FreightFox along with the manufacturing organisations are taking decisive control of their logistics value chains. This enables more informed decisions and a streamlined supply chain. We want to leverage technology in a truly meaningful way to create business value for the manufacturing logistics fraternity and we are dedicated to collaborating with our partners and clients to bring this vision into reality.”
Mr. Krishna Rangasayee, Founder and CEO, SiMa.ai
Mr. Krishna Rangasayee, Founder and CEO, SiMa.ai: “Over the years with an abundance of talent and innovation, India has witnessed tremendous growth in the advanced technology sector. However, to date, the industry is burdened with numerous challenges pertaining to high power consumption, complex cooling mechanisms, and latency, which is of utmost importance in applications like automotive, drones, and robotics as they require immediate decision-making capabilities. At SiMa.ai, we understand these challenges and have worked tirelessly to develop a solution that overcomes them. Our AI-based chip startup has developed the industry’s first software-centric purpose-built MLSoC™ platform, which is a game-changer in the field of artificial intelligence.
With our purpose-designed architecture in hardware and software, SiMa.ai has now opened the door to the use of AI in edge devices. We bring down a significant hurdle that used to require hiring a massive army of AI specialists before any company could get started. Our software eliminates this requirement, making “Effortless Machine Learning” possible for all. This MLSoC Platform can be deployed in “any” smart/computer vision application regardless of the image sensor type, resolution, AI model, network or framework, with a “10x” better performance than most other providers and a seamless “push button” software integration for an effortless ML experience in the embedded edge market. By optimizing power and performance, we can enable true disruptor technology for real-life applications, including smart vision, robotics & Industry 4.0, ADAS, healthcare, drones, and smart agriculture to name a few, where quick decision-making is critical.
On this National Technology Day, we are proud to be part of the vibrant and dynamic ecosystem. As we look into the future, we are thrilled about the possibilities of AI and Machine Learning to revolutionize the industry and enhance the quality of our daily lives. By making AI more accessible, we believe that we can help catalyze the growth of the technology sector in India and beyond.”
Mr. Karan Rai, Chief Product and Technology Officer, Ennoventure Inc.
Mr. Karan Rai, Chief Product and Technology Officer, Ennoventure Inc. “In an ever-evolving landscape, the technology industry continues to redefine how we live, work, and interact. From artificial intelligence to biotechnology, breakthroughs across diverse sectors are reshaping industries across and propelling humanity forward.
Today, on National Technology Day, Ennoventure proudly celebrates the transformative power of innovation and the limitless possibilities it holds for a brighter future. This day serves as a reminder of the indomitable spirit that drives us to push boundaries and harness the potential of technology to shape the world we live in.
At Ennoventure, we recognize the profound impact of technological advancements on various sectors. Drawing upon our industry insights across sectors such as FMCG, automotive spare parts, and agrochemicals, Ennoventure is empowered to develop cutting-edge solutions that address complex challenges in the counterfeiting industry and further drive growth. Our comprehensive suite of anti-counterfeit solutions revolutionize the way we combat counterfeiting, offering solutions that instill trust, protect consumers, and promote a thriving ecosystem. We aim at paving the way for a future where authenticity and integrity are the cornerstones of every transaction, fostering a marketplace that benefits all stakeholders.
We are committed to fostering innovation, driving digital transformation, and nurturing talent for the next generation. Together, we can harness the power of technology to create a prosperous and sustainable future for all.’’
Ankit Wadhwa, Co-Founder & CEO, Rario
“National Technology Day celebrates the incredible power of technology, and its impact on collectibles is nothing short of revolutionary. Blockchain technology has transformed the digital collectibles industry, offering fans unprecedented security and interactive experiences. This technological breakthrough has created a global marketplace by enabling collectors to purchase, sell, and trade items from anywhere and fostering connections between fans previously impossible. Rario is proud to lead the charge in this digital revolution, offering collectors seamless and secure access to unprecedented experiences. The Rario Inner Circle offers fans an exclusive experience to connect with their favourite players and teams.
Our gratitude goes out to India’s scientific and technological community for their outstanding contributions to the industry on this special occasion. We look forward to a future where technology drives innovation and pushes growth boundaries”
Rahul Pagidipati, CEO, ZebPay
“India has emerged as a leading player in the adoption of emerging technologies, with numerous start-ups and established companies leveraging new-age technologies like blockchain to address challenges and gaps in the system. According to a report by Grand View Research, the global market for blockchain technology, which was valued at $5.92 billion in 2021, is projected to expand at a CAGR of 85.9% from 2022 to 2030. With blockchain, industries in India can develop new solutions to tackle issues such as supply chain inefficiencies and data security while simultaneously creating opportunities for economic growth and financial inclusion.
However, the successful implementation of new technologies requires taking initial steps, including collaboration between the government and industry players. This collaborative effort can create a regulatory environment that fosters innovation and responsible usage of digital assets. At ZebPay, we are committed to supporting this collaboration and providing a secure and transparent platform for our users to trade digital assets. We believe that by working together, we can unlock the full potential of blockchain technology and drive the growth of India’s economy to new heights.”
Pratik Gauri, Co-Founder & CEO, 5ire
“Although we celebrate the 11th May as the day of the successful Pokhran-II tests, I think of this day as one where we refused to compromise on our strong educational foundation that rendered the advancements India has made in technology. We’re the envy of the world and when it comes to blockchain technology. We are not only implementing this technology, but are a major provider of Web3 talents across the globe.
Although people like Prof. Prasanta Chandra Mahalanobis were considered statisticians, but their thorough skill and education is helping in producing master AI programmers for India, since statistics is a foundational element in AI.
May we continue to invest heavily in blockchain and Web3 education, like the NITI AYOG initiative started by the Indian government that will net us millions of new talent in Web3 and other emerging technologies.”
Navdeep Sharma, Co-Founder, ReelStar
“In recent years, we have seen a surge of emerging technologies that are transforming the world as we know it. Among these technologies, NFTs are playing a major role in revolutionizing the media and entertainment industry. According to VMR (Verified Market Research)’s report, the NFT market could be worth $231 billion worldwide by 2030. This technology has the potential to transform the way we create, distribute, and consume digital content, providing new opportunities for artists, musicians, filmmakers, and other creators to monetize their work and connect with fans in new ways.
In India, the rise of NFTs has already begun to transform the media and entertainment industry. NFTs are enabling new forms of digital art creation and providing ways for fans to support their favorite creators. Young creators can monetize their efforts by selling or trading NFTs, further democratizing access for content creators, content consumers, and enhancers. As India continues to embrace this exciting new frontier, we can look forward to a future where art, culture, and innovation converge in unprecedented ways. New age technologies have the potential to empower creators and transform the industry, creating new opportunities and unlocking new possibilities.”
Girish Hirde, Global Practice Head, InfoVision
The year 2023 is a crucial time for technological advancements, as various breakthroughs are occurring in fields such as IoT, AI, ML, big data analytics, blockchain, and robotics. Due to the rapid pace of technological development, companies need to be nimble and adaptable. Those who fail to keep up risk falling behind while their competitors seize opportunities offered by emerging technologies.
Cutting-edge technologies such as AI/ML, blockchain, data analytics and engineering, IoT and metaverse are transforming industries and societies at an unprecedented scale. These technologies are breaking barriers and revolutionizing business practices, driving innovation, and accelerating digital growth. At InfoVision, we believe technology is a powerful tool that unlocks new opportunities for growth and innovation. Thus, we have developed industry-specific innovative solutions in these technology domains, committed to helping our clients accomplish their vision and maintain competitive edge in their respective industries.
National Technology Day serves as a reminder of technology’s potential to transform our world for the better. As part of this industry, InfoVision is proud to drive innovation and redefine the world by perpetually innovating and assimilating emerging technologies. Our aim is to create a more accessible, equitable, and sustainable world.
Mr. Harshit Mittal, Co-founder & CTO of SupplyNote- SaaS based Food Startup
“National Technology Day is a reminder of technology’s immense potential in shaping a sustainable future. At SupplyNote, we are working to reduce food waste in the F&B industry by empowering restaurants with innovative solutions. We aim to create a more sustainable and efficient food supply chain, starting with India and expanding to other geographies. We appreciate the contributions of fellow startups and government initiatives towards fostering a culture of innovation and finding solutions for a better future.” — said Mr Harshit Mittal, Co-Founder & CTO of SupplyNote
Mr. Ankit Ruia, Co-founder & CTO of SuperBot- SaaS based AI powered Voice Agent Startup
On the occasion of National Technology Day, we at PinnacleWorks are thrilled to celebrate the transformative impact that technology has had on the way we communicate with one another. As the creators of SuperBot, an intelligent, AI-powered voice agent, we recognize the critical role that technology plays in enhancing human experience and driving progress. As we observe National Technology Day, we are proud of our achievements, but we also understand that the journey towards technological excellence is an ongoing one. At PinnacleWorks, we remain committed to pushing the boundaries of what is possible and to always evolve with our customers’ communicating needs, providing them with the most innovative and transformative solutions. — said Mr. Ankit Ruia, Co-founder & CTO at SuperBot
Dr. Vishnu Ramachandran, Co-Founder & Chief Technology and Product Officer, Rubix Data Sciences
“Technology in the Information gathering, and dissemination domain has evolved from people using standalone tools such as the computer for information creation to the internet where information is widely shared to the era of mobiles and 5G where information is available and consumed in real time to the new AI generation of assisted intelligence assimilating all information available.”
Mr Ahuja, MD ANSR and CEO and Co-Founder Talent500
“The National Technology Day is an occasion to acknowledge the tremendous contributions of our tech community in the nation’s progress. As the world grapples with recessionary pressures and economic uncertainty, India’s tech industry continues to display remarkable resilience. The strong and sustained growth and innovation in the technology space presents a unique opportunity for India to position itself as the world’s technological powerhouse. India’s Global Capability Center (GCC) sector will continue its contribution to the ecosystem, further strengthening India’s leadership position in the world map for technology and innovation.”
Mr. Sanjeev Chabbra, Managing Director & CEO at Beetel Teletech Ltd
“India’s technology landscape has evolved significantly over the past few years, and this trend is set to continue in the future. One of the most significant changes is the rise of cloud computing, which has transformed the way businesses manage and store data.
The adoption of cloud computing has led to the emergence of several other technologies, such as serverless computing, which has further reduced the cost and complexity of building and deploying applications. Additionally, advances in machine learning and artificial intelligence have allowed organizations to gain deeper insights into their data and make more informed decisions.
Another trend that has emerged in recent years is the rise of the Internet of Things (IoT), which has led to the proliferation of connected devices and the collection of vast amounts of data. This data can be used to improve operational efficiency, optimize business processes, and even create new revenue streams”
Amit Gupta, Founder and CEO, Rapyder Cloud Solutions
Businesses are witnessing fast and lots of changes in recent years, especially in the way they function. Organizations are looking at challenges as well as new ideas and want technology to solve them. For such quick ideation and scaling, it is cloud technology that provides the most effective solution. At Rapyder, we continue to invest in technology, solutions, and people to help many more organizations globally in their journeys of digital transformation at scale, by leveraging new-age technologies that are best suitable for them. Our able and expert team works seamlessly to make the cloud a business benefit for customers.
Rahul S Kurkure, Founder and Director, Cloud.in
Adopting a hybrid and multi-cloud approach is becoming a highly sought-after strategy as it offers organizations numerous benefits, including increased security and flexibility. AI and ML are today part of Cloud Services as it has become increasingly challenging for companies to build their own AI infrastructure. Additionally, containerized applications are gaining traction, which is further driving transformational technology trends in cloud computing.
At Cloud.in, our team of experts possesses deep technological expertise and empowers organizations with a broad range of cloud solutions, making us a game-changer in the cloud offerings space. We believe that in the near future, cloud services will continue to be leveraged to access more innovative technologies, further enhancing the efficiency of business operations and customer experience. As a result, we strive to stay ahead of the curve by providing cutting-edge solutions to our clients.
Rajarshi Bhattacharyya, Co-Founder, Chairman and Managing Director, ProcessIT Global
In the current business context, Digital Transformation journeys are being accelerated by organizations so that they become future-ready. But this has unfortunately given rise to cyber-attacks, which is a serious concern for countries as well as organizations across the globe. On this National Technology Day, India, as the emerging leader in the digital world should take proactive steps to strengthen cyber security defenses with a focus on Zero Trust Security Model. Solutions such as Identity and Access Management, Governance, Risk and compliance, End-Point, Data and App security should be leveraged extensively in every cybersecurity strategy across organizations.
Harkunwar Singh, Co-founder & CEO, Novatr.
“Technology is a powerful instrument with the potential to upskill billions of people across the globe. India produces close to 2 million IT graduates every year, but a whopping 97% of them are not employable. Traditional education is clearly running behind in this fast-paced ecosystem, failing to catch up with technological innovations, creating a bottleneck for the entire education system. In the face of India’s techade, it has become imperative to facilitate the right education at scale. This will further empower the next generation of tech leaders and innovators. I believe that the rise of tech platforms will enable this widespread facilitation and bolster the Indian technology sector toward $245 billion in FY 23”
Mr. Atul Rai, CEO & Co-Founder of Staqu Technologies
On the occasion of Technology Day, Staqu Technologies, express their profound admiration for the incredible potential of the Indian youth to emerge as frontrunners in the technology industry. Recognizing the significance of this day, Staqu Technologies emphasizes the need to inspire and motivate young minds to harness the power of emerging technologies for innovation and progress. The company’s vision is to establish India as a global hub for AI research and development by nurturing a culture of creativity, problem-solving, and entrepreneurial spirit among the youth.
Atul, emphasises the enormous potential of the Indian youth to become leaders in the technology industry on the occasion of Technology Day. “I believe that in order to make India a centre for AI research, the industry must inspire and motivate young people to use emerging technologies for innovation and advancement. We can raise a generation of businesspeople and leaders who will influence the course of the world by encouraging a culture of creativity and problem-solving.”
