Unlocking the Power of Innovation: Exclusive Interview with Ripu Bajwa, Director and GM, Dell Technologies India on the 2023 Innovation Index Report
- How does the Innovation Index report focus on the dynamics of innovation across levels of enterprises technology?
Recently Dell Technologies released the Dell Technologies 2023 Innovation Index report, which is a global benchmark assessing organizations’ innovation maturity across the globe. The report is a powerful, point-in-time snapshot of how businesses are innovating despite unprecedented uncertainty after a global pandemic and amidst rampant inflation across 14 countries and 45 locations. The focus of the report is on the innovation aspects of each in every technology segment as the people want to be a part of an organization which is innovative.
According to the report, 85% of Indian respondents describe their organization as innovative or extremely innovative and 96% of Indian businesses actively seek out technologies that realize their innovation goals. The need of the hour is to accelerate innovation across industries in the country with the digital capabilities, AI and machine learning, and frontier technologies.
- What are the challenges which the workforce and business leadership face?
The major challenge for employees at the workforce today is the fear that their organisation is not innovative enough. Dell Technologies 2023 Innovation Index report highlights how the Indian businesses find innovation an important aspect. The report states that 64% of Indian respondents agree that people leave their company because they can’t innovate as much as they hoped they would and 60% of Indian respondents fear their organization will be irrelevant in the next 3-5 years based on their innovation culture/innovation pipeline. Additionally, 50% of Indian respondents believe recession/inflation/economic uncertainty would prevent or slow their organization’s ability to innovate. It is important for the leadership to make their employees feel sure of the digital progress and the innovations, which transfers the confidence in.
- How prepared are the enterprises technology for emerging tech and the outlook on sustainable IT?
All innovation must be sustainable. Not just because it’s the right thing to do, but also because sustainable innovation creates long-term value. Currently, climate change is seen as an innovation accelerator by more than 1 in 3 companies. There is a constant need for enterprises to deploy innovations in power management, thermals and processor upgrades to increase the energy efficiency while reducing their energy intensity, making considerable amount of innovation when it comes to infrastructure solutions too. At Dell, we recycle product packaging and use renewable & recycled materials in the products. Our latest innovation index report highlights how 52% of ITDMs say they’re reducing their overall IT carbon footprint, and 39% are turning to technology to gain greater visibility of their carbon impacts while 57% of Indian businesses have been able to reduce their overall IT carbon footprint, highest in APJ region.
- What is the new age tech and innovation to look for?
The immediate future is all about leveraging the power of advanced technologies such as AI, AuT, IoT, AR to revolutionize industries like financial, logistics, education, etc. Cloud Computing 2.0 is expanding across multiple technologies and domains with varied implementations. It plays a crucial role in accelerating digital transformation efforts. Regardless of their size or industry, companies can leverage cloud computing to bring new capabilities to market faster, improve product efficiency, and drive growth and efficiency. It offers scalability, agility, and data adjacency, enabling organizations to scale IT resources efficiently while maintaining control and reducing risk. Indian businesses are exploring the feasibility of investing in AI, ML and advance innovation. The recent Dell Technologies 2023 Innovation Index report states that 34% of Indian businesses are currently investing or exploring the feasibility of investing in Industrial robotics. Indian businesses are also investing in AI, Machine Learning and advanced analytics to advance innovation.
