Anushruti Singh
India’s Technology Day is a celebration of innovation, cutting-edge technology, and disruption that has helped shape the nation’s growth story. With technology becoming an integral part of every industry and sector, India has emerged as a hub of technological excellence, producing some of the world’s most ground-breaking ideas and solutions for the world to replicate.
From the development of indigenous missile technology to the establishment of world-class research institution, every sector today is heavily dependent on technology to drive growth and development, making it a top priority for business across industries to adopt and adapt to it.
Building the future of India together, here what India’s top tech leaders have to say about the role of technology in building a robust infrastructure to strategise the future-forward approach:
Govind Soni, Co-founder and CTO, CoinSwitch
On National Technology Day, we are reminded of the transformative power of innovation and its ability to shape our lives meaningfully. Technology at its best is a high-impact growth accelerator. It increases efficiency, creates new possibilities, and makes our world better. In terms of crypto and its underlying blockchain technology, we are already seeing this play out via the ongoing Web3 pivot.
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Today, companies and governments are harnessing the power of blockchain to create secure and transparent systems across various industries. Blockchain technology can potentially revolutionise how we conduct business, store data, and even vote. In the coming years, we can expect to see a boom in the real-world utility of this technology and yield its benefits.
Even at CoinSwitch, we are constantly innovating and exploring new ways to leverage technology at large to better serve our customers. As we celebrate National Technology Day, we look forward to the many possibilities the future holds.
Vikram Ahuja, MD ANSR and CEO and Co-Founder Talent500
“The National Technology Day is an occasion to acknowledge the tremendous contributions of our tech community in the nation’s progress. As the world grapples with recessionary pressures and economic uncertainty, India’s tech industry continues to display remarkable resilience.
The strong and sustained growth and innovation in the technology space presents a unique opportunity for India to position itself as the world’s technological powerhouse. India’s Global Capability Center (GCC) sector will continue its contribution to the ecosystem, further strengthening India’s leadership position in the world map for technology and innovation.”
Kapil Kapoor, Chief Product and Technology officer at CredAble
“Technology continuously drives change, with developments in the Metaverse and generative AI leading the way. These new technologies have enabled businesses to create and improve offerings, enhance productivity, and contribute to the well-being of humanity. The cloud and 5G have boosted computing power and network connectivity, defining the digital era’s scale and speed.
Advanced technologies, such as artificial intelligence, machine learning, cloud computing, and biometrics, are transforming the financial services industry, allowing FinTechs to drive greater efficiency and create more value. By adopting digital operating models, FinTechs can achieve greater agility and precision in risk assessment, overcome implementation hurdles, and build solutions that offer last-mile delivery, fraud detection, and regulatory compliance. FinTech start-ups and financial institutions are investing heavily in technology, particularly in customer onboarding, underwriting, credit scoring, and loan disbursements.
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As AI technology advances, business leaders should consider how their models can benefit from decentralised AI capabilities beyond 2023. Along with optimising efficiency, it’s important to establish reliable cloud infrastructure and integrate intelligence into technology stacks.”
Milind Borgikar, Chief Technology Officer at Ayekart
“National Technology Day serves as a reminder of how technology has the power to impact and transform lives and livelihoods.
The agri-value chain is undergoing a significant transformation due to the emergence of cutting-edge technologies like Artificial Intelligence (AI) and Machine Learning (ML). The implementation of these advanced technologies has the potential to effectively tackle crucial issues, including food security, sustainable business practices, and the empowerment of MSMEs, Farmers/ Farmer Producer Organizations (FPOs).
At Ayekart, we remain committed to pushing the limits of technology in order to create a sustainable and efficient ecosystem for our partners. Our vision for the future is one where the agri-value chain is smart, efficient, and sustainable, and we strive towards this goal by developing and implementing new technologies.”
Ankur Singh, CEO and Founder, Witzeal Technologies
“At Witzeal Technologies, we believe that national technology is fundamental for the growth of our nation and understand its potential for the gaming industry. The emergence of AI, MI, and AR/VR have enabled game developers to craft immersive and engaging gaming experiences leading to a 360-degree growth of the industry thereby generating revenue and employment opportunities in the nation.
By utilising AI and machine learning, personalised gaming experiences can be provided to players, including tailored gameplay and rewards based on their performances. This has a my created riad of opportunities for the industry, and at Witzeal Technologies, we are leading the way in this technology-driven revolution, looking for new ways to utilise cutting-edge technology to innovate and upgrade the gaming experience.
We are devoted to keeping ethical standards and ensuring the safety of our users, and have been providing a digitally secured platform for our users on our multi-gaming platform, Big Cash. By doing so, we hope to motivate other industry players to pursue responsible gaming and benefit the nation.”
Pranav Bagai, CEO, and Founder, Poker Sports League
“On National Technology Day, we celebrate the transformative power of technology in shaping the online gaming industry, particularly in the realm of online poker. Technology has revolutionised the way we play, bringing the excitement and skill of poker to players across the globe, anytime and anywhere. From advanced platforms and seamless user experiences to sophisticated algorithms ensuring fair play, technology has elevated online poker to new heights.
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Through cutting-edge innovations, we have witnessed the convergence of technology and poker, creating a dynamic and immersive gaming experience. AI-powered algorithms have enhanced gameplay, providing players with intelligent insights and analysis. Virtual reality and augmented reality have brought the thrill of live poker to the digital realm, fostering a sense of community and interaction among players.
At Poker Sports League, we are partnering with tech companies to provide our players with a unique and immersive gaming experience. The same has also enabled us to create a more engaging and entertaining poker experience, with innovative features, contests and tournaments. Also, tech-based features have helped us bring the world of poker closer together, and we look forward to continuing to use technology to make poker an even more enjoyable experience for everyone. On this National Technology Day, we celebrate the power of technology to transform industries and improve the lives of people around the world.”
India’s tech revolution stands as a global model, showcasing the transformative power of innovation and technology in driving economic growth, social development, and global competitiveness. It has helped transform the country’s economy, society and culture making it the powerhouse of innovation. With its thriving start-up ecosystem, world-class research institutions, and talented workforce, India’s indigenous systems are a powerful statement bringing about the future, today.
