PUNE: TiE Pune, a non-profit global network that fosters entrepreneurship organized a live session recently on“Future Trends in Technology”. Aman Gupta, Co-founder, MarketsandMarkets Research Pvt Ltd. was the speaker for this session. Sudhanshu Srivastav, Charter Member at TiE Pune was the moderator for this session.
Aman Gupta’s inaugural remarks touched upon the disruption in businesses all over the world. The world has recently witnessed a state of flux which according to him has had a detrimental effect on businesses. The key factors responsible he said, were the current Covid-19 pandemic, the increase in oil and gold prices, and closer to home – the trade tensions between India-China. The technology was cited to have a major role in keeping businesses functioning well. One of the major reasons for the failure of businesses was their inability to keep pace with the rapid changes in technology.
He added that in the earlier days, an adequate knowledge of their own company’s ecosystem was adequate. In the modern-day, however, B2B companies need to go beyond their ecosystems and focus on acquiring a wider knowledge base. An understanding of the factors affecting the client’s business was also crucial.
Smart manufacturing, the Internet of things, Robotics, Artificial Intelligence, 3D Printing, and Blockchain according to him were the top six technology trends that have a significant impact on industries. These are instrumental in creating a revenue shift. These technologies while growing at a rapid pace are opening up global opportunities too.
Shekeb Naim from MarketsandMarkets explained the top technology trends, their applications, and opportunities both in India and globally.
Aman Gupta elucidated the impact of these technology trends on India. Commenting specifically on Pune, he mentioned that since Pune is currently the automotive hub of the country, opportunities for this city would increase with the adoption of smart manufacturing in the automotive and robotics sector. In his opinion, the Indian horizon looked bright with almost the entire world having a trust deficit in China. With countries contemplating shifting their supply chain and manufacturing to other countries, this move could open up doors for India. He was optimistic that in the coming years, the Indian Government would incentivize more and more manufacturers.
The hour-long seminar concluded with active participation in a Q&A session.
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2014 The Global Indian New Network (TGINN)