As we commemorate World Technology Day, we look into a future brimming with innovation. Today we reflect on how far we have come and look ahead at the developments awaiting us. Technology has always been a catalyst for easing processes, expanding boundaries, and revolutionising concepts. With more innovations awaited, let’s dive into thoughts from some industry leaders, celebrating this day:
“On this World Technology Day, we celebrate the constant influx of new technologies and harness the transformative potential of innovation to elevate the supply chain industry. With India’s internet economy poised to surge sixfold to $1 trillion and B2B e-commerce ranking second among the fastest-growing segments, we anticipate a remarkable future for the supply chain sector,” said Mr Santhosh Reddy, CTO and Co-Founder of ShakeDeal.
Mr Reddy added “Technology not only empowers us but also equips us to address minute-scale challenges. Our commitment to progress fuels us to leverage digital solutions, promote sustainability, and boost efficiency throughout the supply chain ecosystem, embracing advanced solutions with enthusiasm.”
‘’Investing in climate-tech today means embracing a spectrum of advanced technologies, from high-efficiency solar panels and wind turbines to innovative energy storage and carbon capture solutions. The sector’s growth, driven by developments in smart grids, electric vehicles, and precision agriculture, highlights the essential role of interdisciplinary collaboration in tackling the intricate challenges of climate change,’’ said Mr Sandiip Bhammer, Founder & Co-Managing Partner of Green Frontier Capital.
Mr Jonathan Sumner, Chief Strategy Officer of JetSetGo said, ‘’The on-demand private aviation industry has benefited greatly from the application of digital technologies that create online marketplaces matching available aircraft with demand. This has made matching demand to supply much more efficient, as charter sellers and brokers can see and book available aircraft more efficiently, delivering a better service to customers and often achieving a better price. For operators this also means that higher utilisation rates can be achieved on their aircraft, and more quickly identifying customers looking for an available aircraft. This benefit extends to the sale of empty legs – positioning flights that would otherwise fly empty and not generating revenue – as a match can be found with a customer looking to fly that route on that day. The use of mobile phone apps, such as JetSetGo’s JetSteals app, enables customers to quickly access these available flights and book it from the app to get the best deal.”
He added, “This is just one of the benefits of digitisation in the private jet sector, that is increasing value for customers whilst at the same time driving up utilisation rates and better sales results for operators and brokers.”
Delving further into thoughts on the day, Mr Jaideep Kewalrmani, COO & Head of Employability Business of TeamLease Edtech, said, “Excelling in the EdTech industry one must be adept with 4 key technology stacks – Metaverse (a collection of 12 underlying technologies like AR and VR), Generative AI, Database Tools and Design Management Tools. A combination of these technologies will enable the right skill set to be successful in different EdTech career streams areas like – Academics, Student Counseling, Digital Marketing, Content Development, Assessments and Student Support.’’
‘’Sportstech revolutionises performance analysis by placing data at its core. With advanced analytics algorithms, it dissects every movement, unveiling unprecedented insights. Biomechanical assessments and predictive modelling are just a glimpse of the cutting-edge technology that equips coaches and athletes with the competitive edge to outsmart opponents and shatter records. Sportstech is not only about enhancing performance but also about making sports accessible to everyone. Virtual coaching platforms connect aspiring athletes with world-class trainers, regardless of geographic barriers. Interactive training apps empower enthusiasts of all levels to hone their skills anytime, anywhere. Through technology, we’re levelling the playing field and fostering a global community bound by a shared love for the sport. Outside the arena, Sportstech is revolutionising the fan experience. Augmented reality overlays breathe life into stadiums, offering spectators immersive insights and interactive content. Social media platforms serve as virtual bleachers, uniting fans from all corners of the world and amplifying the thrill of the game. As pioneers in Sportstech, we’re at the forefront of athleticism and innovation, driven by a collective desire to push the boundaries of what’s possible. Together, we’re not just shaping the future of sport but redefining the essence of competition, championing a spirit of collaboration and shared success,” said Mr Sudeep Kulkarni, Founder & CEO of Game Theory.
The day marks as a benchmark of technologies adopted and foreseen in the Indian entrepreneurial landscape and we are bound to keep innovating and making the best out of these developments!
