Tech for Good: Building an Ecosphere for Innovators

Bengaluru: 23rd September 2022: Global change and economic growth are driven by technology and innovation. Technology enables organisations in the private, public, and non-profit sectors with opportunities to increase productivity, develop new products or services, and inevitably improve lives.

Although we are still uncovering ways to forecast the range of possibilities from technology, there have been business leaders who have managed to garner a competitive edge. The 3rd Edition of The Economic Times Best Tech Brands 2022 held at the Vivanta Bengaluru, honoured businesses that overcame all obstacles and advanced through their vision, tenacity, bravery, and market insights. Apart from a convene of tech-influenced firms, the summit featured leading industry experts delivering their views and perspectives on the far-reaching impact of technology across sectors.

To give an overview of the roadmap to reaching a Trillion Dollar Digital Economy, a panel of experts discussed glocalizing emerging technologies. “DRDO is doing its bit to contribute towards the Trillion Dollar Economy that India has been vying for. The country has been stepping up its Indian defence production through Atmanirbhar Bharat. The Indian industry has matured enough to take up large scale defence R&D and manufacturing,” said Y Sreenivas Rao, Director, Naval Science & Technological Laboratory (NSTL), Defense Research and Development Organization (DRDO). Adding to this, Dattatri Salagame, CEO, President & Managing Director, Bosch Global Software Technologies (BGSW) took us through evolving consumer space, “The motivation for Bosch is a new consumer space. We are now looking at how we can create an unmatched experience for our consumers.”

The Cyclone Man of India, Mrutyunjay Mohapatra, Director General, India Meteorological Department delivered the keynote address. He gave a new perspective on tackling natural calamities through Precise Projections, “With the growth of the economy, there are lots of chances to adopt technological sensors for weather forecasting and radars. We aim to provide an early warning along with accurate & real-time data to each household by 2025, so that there is no loss of life or property.”

This was followed by a brief robotics presentation by ‘Nina’ and ‘Nino’ that represented and exemplified the Indian scientific and the Atmanirbhar spirit in its true sense. A quick interactive session ensued where the audience asked a few questions about the AI-enabled robots.

To give Karnataka’s overview on becoming a technology decade or Techade, Sanjeev Kumar Gupta, Chief Executive Officer, Karnataka Digital Economy Mission (KDEM) shared how the state intends to become a global innovation powerhouse by 2047. “The Karnataka state economy is driven by the digital economy. We are on to becoming a leader in R&D and a patent hub here in Karnataka. 40% of India’s unicorns are from Karnataka, and its ranking in the global start-up ecosystem is 10th in the world!”

A panel discussion ensued, delving into the speed with which technology is advancing and its impending influence on the evolution of the economy. Vedanarayanan Vedantham, India Marketing Leader, Microsoft India took a deep dive into the extensive impact of cloud computing, “We, as a company, began by launching operating systems that bridged the gap between hardware and software, till the era of Cloud Computing. We are not only focussed on customer centricity but on stakeholder centricity.”

“The power of content is in the hands of the customer. The brands must understand the problems of a customer. Brands are built by creating shared value,” said Prashant Jain, Chief Marketing Officer, HP India sharing the far-reaching impact of expanding content on customers.

Dr Saurabh Gaur, Secretary, IT, Electronics & Communications, Skill Development & Training and CEO APCFSS, Government of Andhra Pradesh on India’s Tech Awakening- Paperless Governance and Data Empowerment gave the Guest of Honor Address. “The digital adoption in the government is phenomenal. We, as a government, wish to serve our citizens with the best of services.”

The event also included the launch of the Coffee Table Book titled, ‘The Economic Times Best Tech Brands 2022.’

Following a thorough research process, 200 brands were identified that met the knowledge partner’s criteria of the Best Tech Brands, and these firms were asked to share their inspiring stories. The brands that agreed to participate were honoured during the event.

  • 3i Infotech, Adobe India, Aurionpro Solutions, BetterPlace, Bosch Global Software Technologies, and Brillio Technologies
  • Capgemini Technology Services India, Cisco, CitiusTech, Coforge, Consilio, Dell Technologies, and Euronet
  • Exotel Techcom, FIS Global, GS Lab | GAVS, Hexaware Technologies, Honeywell, HP, IBM India, and Icertis
  • IDBI Intech, Infogain, Infosys, Intel India, Karnataka Digital Economy Mission, Kyndryl, and Lenovo India
  • Microsoft India, Mphasis, NTT Ltd., Nvidia, OneSpan India, Open Weaver, Oracle India, and Qualcomm India
  • Seshaasai Business Forms, Tech Mahindra, TP-Link India, Velocis Systems, and Western Digital

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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