Over the past few decades, India has emerged as a leading tech hub. The country’s rapid digitalisation is transforming various sectors, from education to healthcare, and is opening up new opportunities for businesses and individuals. With a young, tech-savvy population and a thriving digital ecosystem, the nation is ready to become a key player in the global tech landscape. As the world becomes increasingly digital, India’s tech industry is poised to play a vital role in shaping the future of technology and business.
Let’s check out what industry experts have to say on National Technology Day-
Stating on the technological advancement in the education sector, Mr. Anil Somani, the Chairman of FOSTIIMA Business School, Delhi, said, “The development of Artificial Intelligence (AI) has prompted significant changes in a wide range of sectors, and the digitalization in general has had an enormous effect on numerous areas of our life, notably in the sector of education. Young people expect their learning to be equally technologically proficient as the rest of their lives since they are habituated to technology. Learning has become interactive and engaging thanks to the introduction of AI platforms like “ChatGPT” and “Metaverse.” Additionally, AI-based proctoring has improved the way online exams are administered, ensuring real-time surveillance, preventing students from using unfair means by disabling opening any other tabs on the device for a completely cheat-proof exam.
The advancement in tech has percolated in the education- entrepreneur sector, Institutions are incubating tech-based start-ups & in turn these startups provide valuable knowledge to the students.
Moreover, as technology advances more quickly, digitalization will play an ever-larger role in education. With the advent of AR and VR, students will be able to learn about subjects in an interesting, interactive, and immersive way. Further, Tech has enabled remote delivery of learning material across multiple channels simultaneously, thus democratizing education for all sections of the society. We can conclude that, with the right tools and strategies, digitalization will help to reduce barriers to education and increase its accessibility and inclusivity”, Mr. Somani further stated.
Addressing the robotics systems to perform surgeries, Dr. Himanshu Gupta MS.Orth. MCh Orth Specialized in Joint Replacement, Arthroscopy and Sports Injury, AmiCare Hospital, said, “India is becoming more popular as a destination for medical treatment, and technological improvements are one of the prime elements of this transition. Modern technology has improved the precision and accuracy of treatment processes for a variety of diseases, lowering the possible danger of operations and treatments. Furthermore, artificial implants have been a game changer in the sector, thanks to modern technology patients are now able to receive treatment for various chronic and life threatening diseases and ailments. Moreover, implementing robotics in operations has reduced the likelihood of problems associated with therapy. In the country, there’s a big problem with medical infrastructure, which impacts patient treatment. Highly advanced robotics treatment is beneficial in providing more accurate and defined results while reducing the risk of excess blood loss and swelling. The treatment also takes less time, so patients do not have to stay in hospitals as long, which is beneficial in opening up more chances for other patients. Advancement in technology has been beneficial in reducing the cost of the treatment.”
“Similarly, as the sector incorporates AI and ML into its procedures, the development will undoubtedly accelerate. Furthermore, personalised data-driven operations will aid in determining the fundamental cause of the diseases. There are endless possibilities that healthcare will experience as the advancements in technology will occur in the sector.” Doctor further added.
According to Mr. Rahul Misra, Founder, Vesta Elder Care, “Digitization is rapidly transforming the home healthcare service sector, with technological advancements enabling more efficient and effective patient care. Prior to the COVID-19 outbreak, eldercare facilities were scarce. Technology has permitted a personalized healthcare department for every individual, even newborns or the old. The home has turned into the new hospital, and technology is facilitating this transition. Patients can now receive home health care that was previously only available in a hospital or clinic, making it not only more convenient for patients but also possibly contributing to better outcomes. Digitalisation enables remote patient monitoring, telehealth consultations, and the use of wearables to collect and manage health data. This enables more personalized care while also empowering people to play a more active part in their healthcare.
He further said, “Overall, digitization is changing the healthcare industry and enabling patients to receive more accessible, customised, and efficient care at their comfort. We have only begun to scratch the surface of the huge possibilities for technology to improve healthcare. Additionally, the use of digital solutions to encourage cooperation and communication between healthcare practitioners and patients may help the home healthcare sector provide more smooth and coordinated treatment.
In the approaching years, we will see that storing health data on applications or keeping records of every health condition updated would help doctors handle patients better in circumstances of unforeseen health threats.”
“The logistics and supply chain industry is evolving at a phenomenal speed, and we believe that data and technology will be the driving force behind this transformation. Thanks to developments in IoT, AI, Machine Learning, and Data Analytics, and with our modern and scalable proprietary technology stack, mobile-first applications, cloud based, connected and secured order fulfilment platforms, we are able to enhance our processes in logistics and supply chain, from warehousing to last-mile delivery.
At Ecom Express, we recognize that technology and data are key drivers of growth and innovation. As a business, we are dedicated to staying abreast with these changes and utilizing the most recent innovations in data and technology to provide excellent service to our clients. Looking ahead, we are enthusiastic about the potential of cutting-edge technologies to further alter the logistics and supply chain sector.
We believe, the use of data and technology in logistics has the potential to make the sector environmentally friendly and sustainable. We can minimize carbon emissions by using data to optimize delivery routes and streamline our operations in fulfilment centers. This is idle for our customers, who equally demand sustainable and eco-friendly solutions. In conclusion, National Technology Day in India serves as a reminder of the industry’s great potential for transformation by data and technology.” – Amit Choudhary, Chief Product & Technology Officer, Ecom Express
Quote from Girish Hirde, Global Practice Head, InfoVision
The year 2023 is a crucial time for technological advancements, as various breakthroughs are occurring in fields such as IoT, AI, ML, big data analytics, blockchain, and robotics. Due to the rapid pace of technological development, companies need to be nimble and adaptable. Those who fail to keep up risk falling behind while their competitors seize opportunities offered by emerging technologies.
Cutting-edge technologies such as AI/ML, blockchain, data analytics and engineering, IoT and metaverse are transforming industries and societies at an unprecedented scale. These technologies are breaking barriers and revolutionizing business practices, driving innovation, and accelerating digital growth. At InfoVision, we believe technology is a powerful tool that unlocks new opportunities for growth and innovation. Thus, we have developed industry-specific innovative solutions in these technology domains, committed to helping our clients accomplish their vision and maintain competitive edge in their respective industries.National Technology Day serves as a reminder of technology’s potential to transform our world for the better. As part of this industry, InfoVision is proud to drive innovation and redefine the world by perpetually innovating and assimilating emerging technologies. Our aim is to create a more accessible, equitable, and sustainable world.
“National Technology Day is a reminder of technology’s immense potential in shaping a sustainable future. At SupplyNote, we are working to reduce food waste in the F&B industry by empowering restaurants with innovative solutions. We aim to create a more sustainable and efficient food supply chain, starting with India and expanding to other geographies. We appreciate the contributions of fellow startups and government initiatives towards fostering a culture of innovation and finding solutions for a better future.” — said Mr Harshit Mittal, Co-Founder & CTO of SupplyNote
Quote from Girish Hirde, Global Practice Head, InfoVision
The year 2023 is a crucial time for technological advancements, as various breakthroughs are occurring in fields such as IoT, AI, ML, big data analytics, blockchain, and robotics. Due to the rapid pace of technological development, companies need to be nimble and adaptable. Those who fail to keep up risk falling behind while their competitors seize opportunities offered by emerging technologies.
Cutting-edge technologies such as AI/ML, blockchain, data analytics and engineering, IoT and metaverse are transforming industries and societies at an unprecedented scale. These technologies are breaking barriers and revolutionizing business practices, driving innovation, and accelerating digital growth. At InfoVision, we believe technology is a powerful tool that unlocks new opportunities for growth and innovation. Thus, we have developed industry-specific innovative solutions in these technology domains, committed to helping our clients accomplish their vision and maintain competitive edge in their respective industries.National Technology Day serves as a reminder of technology’s potential to transform our world for the better. As part of this industry, InfoVision is proud to drive innovation and redefine the world by perpetually innovating and assimilating emerging technologies. Our aim is to create a more accessible, equitable, and sustainable world.
Quote by Mr. Vinay Singh, Co-Founder, BeatRoute
On National Technology Day, we honor the remarkable potential of innovation to reshape industries and drive progress. As an enterprise tech platform originating in India and garnering admiration from top retail brands across the globe, BeatRoute epitomizes this transformative power. We are revolutionizing the way retail brands plan and execute their Route-to-Market. By bringing sales teams, channel partners, and customers together on a collaborative platform, BeatRoute is driving holistic sales transformation for brands and creating a culture of high performance and goal-oriented success. Let’s continue to embrace technology to drive positive change and achieve our end business goals.
“National Technology Day is a reminder of technology’s immense potential in shaping a sustainable future. At SupplyNote, we are working to reduce food waste in the F&B industry by empowering restaurants with innovative solutions. We aim to create a more sustainable and efficient food supply chain, starting with India and expanding to other geographies. We appreciate the contributions of fellow startups and government initiatives towards fostering a culture of innovation and finding solutions for a better future.” — said Mr Harshit Mittal, Co-Founder & CTO of SupplyNote
On the occasion of National Technology Day, we at PinnacleWorks are thrilled to celebrate the transformative impact that technology has had on the way we communicate with one another. As the creators of SuperBot, an intelligent, AI-powered voice agent, we recognize the critical role that technology plays in enhancing human experience and driving progress. As we observe National Technology Day, we are proud of our achievements, but we also understand that the journey towards technological excellence is an ongoing one. At PinnacleWorks, we remain committed to pushing the boundaries of what is possible and to always evolve with our customers’ communicating needs, providing them with the most innovative and transformative solutions. — said Mr. Ankit Ruia, Co-founder & CTO at SuperBot
“At SingleDebt, we understand the importance of technology in the world of debt management. Our in-house developed snowball effect calculator is a perfect example of how technology is helping us cater to our clients in a more efficient and effective way. By using various algorithms such as total outstanding, loan tenure, missed monthly payment numbers, and loan stage, we ensure that our clients’ disposable income is distributed to their creditors in the most strategic way possible. Our snowball effect calculator helps us prioritize paying off loans based on these criteria, enabling us to clear outstanding debts from small to large amounts while keeping a close eye on the parameters that matter most. Through our technological advancements, we are able to offer our clients the best possible solutions for their debt management needs, ensuring they can achieve their financial goals and live a debt-free life.” — SingleDebt – By Harish Parmar , Founder
BankSathi – By Jitendra Dhaka , Founder –
“As the world of finance continues to evolve, technology plays a pivotal role in helping us provide better services to our customers. At BankSathi, we are leveraging the latest technologies to offer innovative solutions that cater to the diverse financial needs of our clients. With the use of artificial intelligence, machine learning, and predictive analytics, we are able to provide personalized suggestions and create awareness for financial products in banking products. This not only simplifies the investment process for our customers but also helps them make informed decisions. Additionally, the use of advanced technology has allowed us to reach out to a wider audience, enabling us to cater to more customers all over. In a rapidly changing world, staying relevant and adapting to new technologies is imperative, and we are committed to continuously improving our services through the use of cutting-edge technology.”
FidyPay- Fintech API , Manan Dixit , Founder
“At FidyPay, we believe that technology is a powerful enabler of financial inclusion and economic growth. By leveraging the latest advancements in digital payments technology, we are able to create new opportunities for individuals, businesses, and entire economies to thrive. Our API empowers businesses to easily integrate digital payments into their existing systems, making transactions more secure, convenient, and efficient. By staying at the forefront of technological innovation, we are not only driving business growth, but also making a positive impact on society by providing access to financial services for those who have been historically underserved. We understand that staying relevant in the digital age means continually adapting to new technologies and user behaviors, which is why we remain committed to advancing our platform and offering our clients the most cutting-edge solutions. At FidyPay, we’re not just a technology company, we’re a partner in driving economic progress and financial empowerment for all.”
By – Mr. Lalit Arora, Co-Founder, VingaJoy, consumer electronic brand.
On National Technology Day, we celebrate the power of technology to enhance our lives and transform our experiences. Innovation can bring us closer to our passions, through developed technology. Technological advancements have revolutionized every sector, be it finance, education and consumer durable. The consumer electronic market is widely contributing to this innovative world and this quality-proven innovation makes our lives easier through wireless consumer durable electronic products. Let’s continue to embrace technology to enhance our lifestyles and find prolonged joy in the things we love.
By – Mr. Parry Singh, Founder & CEO, Red Fort Capital, an NBFC with RBI registration.
As the world continues to evolve, so too does the financial services industry. Non-banking financial companies (NBFCs) have been essential in addressing the financial requirements of people and businesses that banks have historically underserved.
Traditional business models have been disrupted by technology, prompting businesses to change in order to survive. The digital revolution has brought a paradigm shift in the way NBFCs and MSMEs operate. The traditional brick-and-mortar model has been replaced by digital platforms that offer innovative solutions and faster turnaround times.
