We are living in a globally connected world, fuelled by the growth in connected-devices and advances in communication technologies. The digital age and the inherent connectivity of people, devices and organizations is rapidly providing opportunities for innovation, and businesses have turned their attention to significant benefits such as creation of new products/markets and better understanding of the consumers.
The Government of India aims to transform the country into an ‘India of Tomorrow’, one that is both socially and economically empowered. To enable such transformation, factors such as (i) a sharp focus on sustainable and inclusive growth to drive job creation and enhance economic activity, (ii) social safety nets to protect the socio-economically marginalised, and (iii) social inclusion to ensure equal access for all to education, health, employment and other services are rudimentary imperatives.
The smartness quotient of a city must revolve around the needs and challenges of the three key stakeholders of the city: government, businesses and citizens.
Digital is fundamentally changing how companies do business. Enabled by data and technology, digital is a continuous form of disruption to business models, products, services and experiences. It has radically changed the way people consume content, communicate, and access products and services.
“Everything is connected to everything else — if only indirectly — and this is reflected in data.” – Eric Siegel, Writer
Have you wondered how the super cyclone that wrought havoc in Orissa in 1999 was different from HudHud, which recently hit coastal Andhra Pradesh? Officially recorded casualties caused by HudHud were 100, compared to 10,000 in areas devastated by the super cyclone. Total destruction was averted due to the timely and accurate predictions of the Weather Department, based on the analysis of past data.
Robotic process automation can reduce the need for people to perform high-volume IT support, remote infrastructure and back-office processes
The manufacturing and automotive industries were the pioneers of process automation. In these sectors, automation has transformed the shop floor and assembly line. Now automation is transforming the outsourcing sector and creating new business models. Robotic process automation (RPA) also referred to as rapid automation (RA) has gradually been gaining momentum in the market since 2012. Historically, players in the outsourcing market built a multi-billion industry by relying on cost and labour arbitrage to capture work. However, this is about to change with the emergence of RPA.
There has been a lot of buzz around smart cities in India ever since the Narendra Modi Government announced an investment of $1.2 billion to create 100 of them. For the common man, a smart city is a settlement which overcomes day-to-day challenges, bridges the gaps between people’s needs and civic realities and enhances the overall quality of life; such as providing clean water, managing the growing mountains of garbage, treating sewage, building a robust public transport system, managing traffic jams and providing a safe and secure environment for women and senior citizens. Other significant elements to this model include citizen-centric administration, education, health care, public-private partnership, and regulations for commerce and utility services, etc. — all essential to the delivery of innovative smart cities of the future.