National Technology Day 2024 Live Updates: From Schools to Startups: Igniting Young Minds to Innovate
Pratham Barot, CEO & Co-Founder, Zell Education
In the dynamic landscape of education, AI stands as a pioneering force, reshaping the traditional roadmap with unprecedented innovation and efficiency. At Zell Education, we embrace this transformative power, recognizing AI as a catalyst for personalized learning experiences and enhanced educational outcomes. With AI, the boundaries of traditional classrooms dissolve, paving the way for a new era of adaptive learning.
Through intelligent algorithms and data-driven insights, we empower learners to progress at their own pace, unlocking their full potential with tailored guidance and support. From predictive analytics to virtual tutoring, AI technologies revolutionize the educational journey, making it more accessible, engaging, and effective than ever before.
Rohit Gupta, COO, College Vidya
National Technology Day is a poignant reminder of the transformative power of innovation, and nowhere is this more evident than in India's online education ecosystem. At College Vidya, we are witnessing firsthand how technology is disrupting traditional boundaries, empowering students to access a world of knowledge at their fingertips.
From AI-driven personalized learning to immersive virtual classrooms, technology is not just changing the way we teach & learn but democratizing education itself, making it accessible to every learner across the nation.
Beas Dev Ralhan, CEO, Next Education
National Technology Day serves as a powerful reminder that India's future success hinges on nurturing young minds. I strongly feel that we must go beyond traditional education and instill a true passion for innovation. By fostering 21st-century skills like problem-solving, critical thinking, and digital literacy, we can empower students to become the inventors, entrepreneurs, and change makers of tomorrow.
It is the need of the hour to possess classrooms where young minds spark curiosity, encourage collaboration, and have at their disposal, a platform where they can experiment with emerging technologies like AI and robotics. This vision, where schools transform into launchpads for innovation, will ensure India remains at the forefront of the global technological revolution.
Aparna Acharekar, Co-founder of coto
In today’s rapidly evolving business landscape, technological advancements have made businesses more effective and easier to flourish. Furthermore, women have benefited greatly from digital innovation as it has empowered them to pursue digital entrepreneurship and helped them expand their expertise globally. Technology is helping budding women entrepreneurs and also women users looking for answers around taboo topics like mental health, and menstrual health, amongst others and ultimately seeking to improve their quality of life.
With the same mission, we have used AI-based tools to recently launch ‘live consultation’ on coto, providing women experts a space to set up their businesses on coto and reach lakhs of customers globally by hosting live sessions. At the same time, it allows women users to seek 24*7 instant emotional relief from the experts present on coto. We believe that now is a great time for the tech-savvy youth, particularly women, to venture into traditionally male-dominated spaces like entrepreneurship and STEM fields and explore opportunities ultimately leading to their financial inclusion.
Gaurav Singh, CEO, Vector
National Technology Day is a fantastic opportunity to celebrate the relentless curiosity and innovation that drives progress. This year's theme, 'From Schools to Startups: Igniting Young Minds to Innovate,' really resonates with me. At Vector, we see the spark of genius in young minds daily and are passionate about nurturing that potential.
Innovation is what keeps us moving forward, and one of our strongest allies is artificial intelligence (AI) for IT operations (AIOPS). It's not just a fancy term; it's a powerful tool that can revolutionize how we manage complex IT systems. IT teams are often overwhelmed by the explosion of data from containers, microservices, and multi-cloud environments. This is where Vector steps in by harnessing the power of big data analytics and AIOPS; it sifts through mountains of log and performance data to provide a comprehensive view of assets and dependencies. Imagine being able to see everything happening in your systems, all in one place – that's the power of Vector Platform.
National Technology Day is a day to look towards the future, and at Vector, we believe the future is bright. By fostering a culture of innovation and empowering young minds, we can create a world where technology solves problems and improves our lives. And that's something worth celebrating!
Kapil Mehta, Sr. Director, Technology Solutions, Visionet
The impact of AI is quietly reshaping lives in India. Over 74% of Indian enterprises are already working with AI. A recent report released by NetApp, states that India is among the leading countries for AI innovation. In addition to providing unique opportunities, India provides a perfect “playground” for enterprises and institutions globally to develop scalable solutions.
The adoption of AI across the retail, banking and healthcare sectors is expected to result in annual cost savings of $11 billion, up from a projected $6 billion in 2018. With AI integration across sectors, aspects such as customer experience, data security and data analytics are set to improve in the coming years. This widespread integration sets a robust foundation for further advancements and sector-specific innovations.
In the retail sector, AI-enhanced engines analyze customer data to provide personalized products or services thereby boosting sales and satisfaction among customers. The market for artificial intelligence in retail is expected to reach $51.94 billion by 2028 from $4.84 billion in 2021. In the banking domain, fraudulent activities can be reduced through real-time analysis of transaction patterns using AI-enabled systems, which also safeguards the financial assets belonging to clients. Healthcare providers can accurately diagnose diseases and plan for treatment methods that are specific to each patient by using AI-powered diagnostic tools that analyze medical images, patient data, and genetic information.
On this National Technology Day and beyond, we are committed to expanding the use of AI in India and helping businesses across industries leverage this cutting-edge technology to achieve their goals. Through our expertise and experience across the sectors we service, Visionet is looking forward to driving impactful change in India’s rapidly changing digital landscape with AI, thus driving startups and large businesses alike in their quest to lead with innovation.
Raj K Gopalakrishnan, CEO, KOGO
In the 1990s India’s IT and ITeS sectors were valued at $100 million. Thirty-four years down the line, India’s tech industry is a $254 billion market, with the spirit of innovation and scientific progress driving the ecosystem. From the Y2K moment to artificial intelligence becoming a part of daily work lives, India’s made significant strides in technological advancement. The country’s engineering prowess is widely acknowledged the world over, with homegrown brands being at the forefront of India’s success story.
This National Technology Day, it is important to understand how Indian startups are at the forefront of innovation, with many of them creating innovative technologies that were once considered impossible. As an Indian startup, KOGO’s goals align with the National Technology Day theme for 2024 — from schools to startups: igniting young minds to innovate. KOGO is among the very few Indian startups that’s leading innovation in emerging technologies in the market. With a team of ambitious engineers, KOGO’s AI innovations are disrupting the AI sphere with its AI OS that can perform real-world actions. We see immense innovation brewing within India’s tech sector and we’re glad that KOGO is a part of an industry that has massive growth in its future.
Rohit Ramanand, Group Vice President, Engineering, New Relic, India
From being an IT service stop to becoming a global hub for technological innovation, India has witnessed many milestones in its journey so far. What began as a cost arbitrage for technology companies in the late 1990s, has now become a key source of high-quality talent and cutting-edge innovation. The Indian government’s Startup India and ‘Make AI in India’ initiatives are unlocking the adoption of emerging technologies in the country. With such a massive impetus to thrive, India is an attractive technology market for businesses across the world and also a major incubator of AI startups.
Global corporations have set up over 1,500 GCCs in India. As India’s technology sector grows, its share of transformational and expertise-based services will spearhead the Indian IT sector towards greater growth. This National Technology Day, New Relic shares in the spirit of ‘igniting young minds to innovate’ with its plans to expand its workforce in India, which will be at the forefront of AI innovation.
As a pioneer and leader in the observability market, we believe in empowering early-stage startups and engineering teams across the world. Launched in 2021, New Relic for Startups aims to give every engineer at startups the tools to deliver software with confidence without compromising vendor choices due to cost or engineering constraints. This program has rapidly grown to include hundreds of early-stage startups across every industry, from finance and media to gaming and retail.
Nishith Rastogi, Founder & CEO, Locus.sh-
National Technology Day is an important reminder of the power of technology and innovation in enabling meaningful progress. At Locus, delivering real-world growth with technological innovation is central to our operating culture. For close to a decade, our cutting-edge solutions, powered by Artificial Intelligence, Machine Learning, Data Analytics, among others, have automated decision-making for global enterprises to reduce logistics costs, improve efficiencies, elevate customer experiences, and make operations more sustainable.
As we continue to innovate and push the boundaries of logistics technology, we are most excited about the possibilities of AI in unlocking new levels of excellence across the entire fulfillment chain.
Tanay Kediyal, Managing Director, Allstate India
National Technology Day prompts us to marvel at India's phenomenal journey in the tech landscape. From nascent beginnings to global eminence, we've propelled ourselves as a beacon of innovation. The emergence of Generative AI -- fluent in the language of algorithms and automation, is poised to redefine the way we work, live, and interact with technology. Moreover, the advent of Software as a Service (SaaS) has democratized access to cutting-edge technology, enabling businesses of all sizes to create enterprise-grade solutions without hefty infrastructure investments.
In the insurance industry, technology is proving to be a game-changer, revolutionizing traditional business models and enhancing customer experiences. AI-powered technology is enabling insurers to mitigate risks, enhance operational efficiency, and personalize offerings to meet evolving customer needs. As we commemorate this day, let us reiterate our dedication to innovation and collaboration.