The NASSCOM 2019 CEO Survey: Growth Drivers and Risks

.@NasscomR 2019 CEO Survey 1)Key Growth Drivers: 36% of CEOs surveyed thought Large Deals for Digitalization was the No1 Growth Driver, while over a quarter (28%) thought it was Increased IT Spending on Digitalization #NTLF via @debjani_ghosh_ https://t.co/G0IKtUyN3t pic.twitter.com/C7bAW1WRKZ

— Satyen Baindur (@Satyen_Baindur) February 25, 2019

.@NasscomR  2019 CEO Survey - 2) Key Growth Risks: Two-fifths of CEOs thought Increased Protectionist Policies against India was the No1 Risk to Growth, while over a quarter (28%) thought it was Lack of Digital Skills in the Indian IT Workforce. pic.twitter.com/le1XjC6IqI

— Satyen Baindur (@Satyen_Baindur) February 25, 2019

India's Trillion Dollar Digital Opportunity

.@GoI_MeitY's 'India's Trillion Dollar Digital Opportunity' strategy, w @McKinsey;  develops a Country Digital Adoption Index CDAI on 30 metrics across 3  categories: Digital: 1)Foundation (availability/affordability]; 2)Reach[penetration] 3) Value (adoption of digital use cases) pic.twitter.com/zvYaqrjy05

— Satyen Baindur (@Satyen_Baindur) February 25, 2019

Finds growth in India's CDAI over 2014-17 is 90% (cf Indonesia 99%). Economic value added projected at upto $1T across 30 Digital Themes; the greatest $205-250 B to emerge from the ‘Vibrant Digital-BPM’ theme, with Business Digitization/IoT Analytics projected to add $105-120B pic.twitter.com/bUqFfZtWUD

— Satyen Baindur (@Satyen_Baindur) February 25, 2019

Projections to year 2025; link via @debjani_ghosh_https://t.co/MHrkzcw58j

— Satyen Baindur (@Satyen_Baindur) February 25, 2019

Nasscom NTLF 2019 - The Agile Enterprise: How to Make Elephants Dance

.@nasscom #NTLF #Agile Enterprise 'How to make Elephants Dance': Panel Discussion. David Knott, Chief Architect @HSBC closing advice 'Go back to Basics in both methods & tech. Don't get Bamboozled by BuzzPhrases & Brands. No substitute for understanding.'

What Works in Corporate Venturing?

Data on what works in #CorporateVenturing (large established companies collaborating w/ innovative startups) is hard to come by. Julia Prats & @josemariasiota @iesebschool @BeRepublic interviewed >120 #ChiefInnovationOfficers & diagrammed [Time to Integrate ]vs [Venturing Mode] pic.twitter.com/WIyFcdsDeI

— Satyen Baindur (@Satyen_Baindur) February 22, 2019

Except for the Strategic Partnership (presumably forged w the 2 companies as equals) all other modes take less than a year to reach integration stage! Also, find that the 'hares' began by sharing costs across all three levels in the company: #JointThreePockets rule! @ForbesIndia

— Satyen Baindur (@Satyen_Baindur) February 22, 2019

.@forbesindia on #Onboarding a #Startup: https://t.co/GAgPFBrf37

— Satyen Baindur (@Satyen_Baindur) February 22, 2019

India's 'AI for All' Strategy: Challenges and Opportunities

Dr Urvashi Aneja (@urvashi_aneja) writes for Chatham House (@ChathamHouse) on the challenges ahead of India's #AIForAll Strategy: despite great promise, the strategy cannot be a panacea for all of India's social and economic needs; it will be constrained, for example, by India's existing data systems – which could be outdated, fragmented, or unrepresentative of the population at large. More than just that, the existence of #DigitalDivides across gender, region, age, class and language means that even existing data, when cleaned, up to date, verified or integrated to the extent possible could contain severe biases in the best of circumstances. But some data challenges may remain even if internet penetration increases, alleviating the #DigitalDivides. For example, one might need new means of #DataCapture and verification. #DataPrivacy will remain a challenge despite a consent-based disclosure regime because *informed* consent needs both IT and basic literacy, and thus practice of ethical AI could conflict with obtaining unbiased or complete data. 

But the challenges facing an all-India AI strategy will not stop at Data issues. Implementation of AI in industry could result in labour disruptions, for example if Western economies were to use the potential of AI for intelligent automation in manufacturing, business processes or services, one could have the phenomenon of '#Reshoring' or '#RightShoring' the thematic opposite of 'Offshoring'. This might impact the economic rationale for #MakeInIndia, or indeed, also the BPO/IT industry. Simple BPO work could be automated altogether. At the same time, AI-enabled #Globotics, a possibility in which work could be done remotely (internationally), during a transitional phase (or even longer) present a possible opportunity. Thus the 'AI for All' strategy needs to navigate a tricky future trajectory. via @samirsaran  https://t.co/v4rBl05yxE

Chinese Science Under Xi Jinping

.@theChinaDude writes in @factordaily that Chinese science under Xi Jinping retains the historical narrative of the Four Great Inventions (Compass, Gunpowder, Paper, Printing) & blends Deng's (Four Modernizations:agri, industry, defence, S&T)) w Mao's (red, mass science) approach https://t.co/s0KTpqDFX3

— Satyen Baindur (@Satyen_Baindur) February 19, 2019

There is also talk in Chinese media of Jinping having lauded 'The Four Great New Inventions' 1) Dockless shared bicycles (which combine GPS, smartphones, mobile payment & IoT) 2) high-speed rail 3) Alipay and 4) Online Shopping! https://t.co/hIoDVqQSwN

— Satyen Baindur (@Satyen_Baindur) February 19, 2019

How Bias Creeps into Deep Learning AI Models

.@_KarenHao in @techreview: A #WhirlwindTour of #Bias in #DeepLearning apps. Creeps in while 1)Framing the Problem 2) Collecting & Preparing the Data. It is #HardToFix because 1) Downstream impacts not visible till much later https://t.co/5WYqqlCKwH

— Satyen Baindur (@Satyen_Baindur) February 18, 2019

...2) Standard Training/Testing protocols draw data from same distribution, thus even a 'tested' model retains bias from training data 3) #Portability trap elides #SocialContext 4) Eliminating #StatisticalBias rarely, if ever, explicitly considers ethical issues.

— Satyen Baindur (@Satyen_Baindur) February 18, 2019

Nasscom President Debjani Ghosh Speaks at TieEcon Mumbai 2019

Great Speech by @debjani_ghosh_ @TiEMumbai #TiEConMumbai India's #Startups must aim 2 b the best (The #SecretSauce of Israel's startups is the #PassionForExcellence the #JewishMother inculcates!!). Need #TASTE ie #Trust #Agility #Scale #Talent #Experience https://t.co/kuiZ2pPt2l

— Satyen Baindur (@Satyen_Baindur) February 18, 2019

Many excellent points in speech; #Excellence the norm @isro, but not everywhere in India, need #Focus!!  Need 2 go #Exponential, not merely #Incremental; #Voice possibly the #NextBigThing; Need #Bilingual Talent (i.e. both #Tech and #Domain skills & expertise); #Trust is critical

— Satyen Baindur (@Satyen_Baindur) February 18, 2019

Is Banking Experiencing a Strategic Inflection Point?

.@MaxfieldOnBanks asks: A Strategic Inflection Point in Banking? #Digital changes the #RulesOfTheGame ('fundamental competitive dynamics') Why did satisfaction w digitally delivered financial advice grow most over prev yr, & most in consumers <40 y old? https://t.co/XhIKy8EGfv

— Satyen Baindur (@Satyen_Baindur) February 16, 2019

Customer Experience in Business to Business Transactions

.@mitsmr As customer expectations evolve w technological advances, a responsive, personalized CX in B2B must take shape. Like B2C, B2B companies will need 2 shift 2 a human-centered design model, using AI, analytics, & other tools 2 discern customer needs; predict buying behavior https://t.co/zFnNuNcfkY

— Satyen Baindur (@Satyen_Baindur) February 3, 2019

What is Technology Business Reimagination?

#TBR Technology Business Reimagination uses tech to reimagine a business process.  E.g. #Taxibots - unlike in a tractor-towed aircraft, the taxibot, powered by a hybrid-electric engine, is controlled by the airplane pilot, w plane's engines off during both taxi-in and taxi-out. https://t.co/86uqJALY9Z

— Satyen Baindur (@Satyen_Baindur) February 3, 2019

The #Taxibot saves airline fuel, reducing the most important business cost, while also being an innovative application of hybrid-electric & advanced control technologies. Only companies w both deep tech & deep business process expertise can provide such Industry4.0 breakthroughs.

— Satyen Baindur (@Satyen_Baindur) February 3, 2019

The Changing Role of the CIO Post-Digital Transformatin

.@bendor_samuel @EverestGroup in @forbes  on the Changing Role of the CIO. From: Mostly plumbing (maintaining infrastructure & apps, ensuring IT function compliance). To: All that,  plus building out & operating new #Digital platforms & operating models. https://t.co/u88gpekGJ3

— Satyen Baindur (@Satyen_Baindur) February 1, 2019