| Mumbai |
Updated: February 24, 2020 1:09:19 pm
Microsoft CEO Satya Nadella on Monday exhorted Indian CEOs to build their own tech capability and that will be one of the most defining aspects of the coming decade. He was speaking at Microsoft’s Future Decoded event in Mumbai, attended by top CEOs from across the country.
“I always say you will never be cool by association… you have to build your own technology business,” he said addressing a hall full of CEOs and business leaders. But he underlined that companies also need to see “how inclusive is the growth” in terms of trust in technology, right and in privacy and ethics around AI.
Nadella also gave examples of driving coach Project HAMS and Apollo Hospitals’ heart ailment predicting models where AI is being used to change lives of regular people. But he classified this by saying trust will be core to everything technology will bring in, especially around privacy and ethical use of AI. Highlighting the need for comprehensive cyber secure, he said in North India also there was an attempt to target 11,000 users of bitcoins.
He said 72 per cent of the jobs for software engineers are outside the tech industry. “The question is how productive are these developers when they are employed by you,” he said, adding how Microsoft was focused on bringing toolchains for these developers.
In a conversation with Nadella, Reliance Industries chairman Mukesh Ambani he said every entrepreneur in India has the potential to become a Dhirubhai Ambani, and reminisced how Reliance too was set up with just a simple table five decades ago. “The opportunity we have for India is the opportunity to become the premier digital society in the world. With all the components coming in place, I have no doubt that we will be among the top three economies of the world. When that happens, our opportunity will be will we be the most technically enabled and a pace setter for using technology,” Ambani added.
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Earlier, Microsoft India president Anand Maheshwari said that India was leading in digital because of a range of unique features: a $180 billion IT industry, the third largest startup ecosystem, 650 million people under the age of 25 and 4.5 million pro developer community. “This will affect the world as we go forward.”
It is no longer a decision if you get on to the public cloud, Maheshwari said, adding how over 70 per cent of enterprises in the country are already using cloud with a similar rate of AI adoption among SMBs. “This is creating a competitive advantage,” he underlined.
Speaking to Microsoft EVP Jean Philippe Courtois, TCS CEO Rajesh Gopinathan said the millennials come with a lot of knowledge and technology just needs to leverage this to offer an incremental technology skills. At TCS, he said, they had reimagined their learning modules to make content available for the young employees in easily consumable formats.
In a bid to accelerate the startup ecosystem in India, Microsoft has announced the launch of the 100X100X100 programme which will bring together 100 companies and 100 startups with enterprise-ready solutions to offer with each participating company committing a spend of $100K over the next 18 months on solutions provided by the SaaS startups. The programme has kicked off with 50 startups enlisted.
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