ISB Updates

Newer ways to do business evolve out of SRITNE's Digital Transformations workshop

Emerging technologies are fast transforming a business-as-usual mindset. These are throwing up new advantages and challenges every day. To help businesses and managers navigate in this environment, the Srini Raju Centre for IT and Network Economy (SRITNE) hosted its two-day annual workshop on Digital Transformation.

The event was kicked off by Professor Rajendra Srivastava, Dean ISB, who, in his welcome speech, said, "Data is the new lubricant." Professor Deepa Mani, Executive Director, SRITNE, welcomed the delegates and panellists. She expounded on the varied dimensions--societal, regulatory and competition-- triggered by technology-driven changes in today's business environment.
In his Keynote address, Abhay Jere, Chief Innovation Officer (CIO), union ministry of HRD, talked on initiating the Smart India Hackathon in 2015 and making it the world's largest open innovation model. The Hackathon programme, he said, engaged more than 80 lakh students across India, to solve 600 problem statements received from 28 union ministries and departments.

Anand Nandkumar, Associate Professor-Strategy, ISB, presented his study on 'AI and Future of Work' at the workshop. His studies conclude that AI, the most important general-purpose technology of our era, can take over more cognitive and non-manual job roles as well.

Four-panel discussions were held during the workshop around the themes of:
  •  AI and the Future of Work, Products, and Services
  •  Designing a Digital Blueprint for the Industrial Economy
  •  Regulating the Gig Economy
  •  Leveraging Startup Ecosystem to Beat the Competency Trap

Top management leaders and economists from Microsoft India, Honeywell, Deloitte (Office of the US), UBS, DBS, Competition Commission of India (CCI), Wipro Ltd, and Talent Sprint attended these panels

Day two of the conference started with an engaging Data Visualisation Workshop, conducted by Rasagy Sharma, principal designer, Gramener. Participants engaged in many data visualisation exercises with him. They also explored different aspects of drawing a critical analysis of their businesses using data visualisation tools.

Photo Caption: As part of his final exercise Rasagy Sharma of Gramener (in grey jacket, centre) asks  participants to stand statewise from closest to Hyderabad (extreme left) to those furthest from Hyderabad (to his right)

In the second half, blockchain technology demos were showcased by startups and technology leaders for fields like education, citizen's service, health service, recruitment solution, and banking operation. This session was moderated by Profesor Bhagwan Chowdhry, Executive Director, Digital Identity Research Initiative (DIRI), ISB.

The two-day workshop came to a close with Jayesh Ranjan, Principal Secretary, IT, Govt. of Telangana announcing the launch of a Blockchain district in the state. He said that the state government would soon come out with a Blockchain policy and guidelines for the Blockchain District.

Held on October 11 and 12 2019, the workshop received an overwhelming response, with more than 100 participants signing up to attend. Besides, it was attended by interested professionals from diverse industries, as well as ISB alumni.