Hyderabad

India can lead in emerging tech areas: speakers

Ch. S. Durga Prasad, Director, VJIM, P. Nitesh Reddy, Founder, ACADS360, M. Somasekhar, chief of Bureau, Business Line, and M. Suresh Reddy, Chairman and CEO, Brightcom group, at the launch of “Table Talk” book in Hyderabad on Friday.

Ch. S. Durga Prasad, Director, VJIM, P. Nitesh Reddy, Founder, ACADS360, M. Somasekhar, chief of Bureau, Business Line, and M. Suresh Reddy, Chairman and CEO, Brightcom group, at the launch of “Table Talk” book in Hyderabad on Friday.   | Photo Credit: G_RAMAKRISHNA

Youth potential discussed at The Hindu Business Line event

From a back end services provider for the global corporations over the past two-three decades, India has the potential to transform itself and lead by innovations in emerging areas such as artificial intelligence, machine learning and Internet of Things.

During an interactive session on ‘Emerging technologies, jobs and management’, hosted at Vignana Jyothi Institute of Management (VJIM) here, speakers highlighted how the country’s youth have potential to play a key role in the next wave of innovation.

At the event, coinciding with the silver jubilee of financial daily The Hindu Business Line, M. Suresh Reddy, president of The Indus Entrepreneurs (TiE), released ‘Table Talk’, a compilation of conversations with corporate honchos.

Dr Ch. S. Durga Prasad, director of VJIM, and P. Nitesh Reddy, founder CEO of ACADS 360, participated in the event.

Mr. Suresh Reddy, who is also the founder and CEO of Brightcom Group, called upon management students to explore various options to innovate.

You are at a stage now when you have the capability to take risks, he told them.

Stating that artificial intelligence poses both challenges and opportunities, he said they need to look at the latter to come out with innovative ideas. Mentioning Google and Facebook, he said everyone who works there is “not a technology guy” and a number of innovations that these companies have come up with have been by non-technology innovators.

Mr. Nitesh Reddy said, “Entrepreneurship is all about ideas and it does not mean re-invention of the wheel.

And its purpose is to come out with solutions that add convenience and address basic problems people face.”

He said the world is disruptive and best ideas could suddenly hit a roadblock as external environment could impact the very idea one is working on. This calls for people to be nimble and adjust to the surroundings and get over the hurdles.

M. Somasekhar, chief of bureau, The Hindu Business Line, said, “As the only white paper in the financial sector in the country, we have come a long way and established ourselves.”

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Printable version | May 31, 2020 6:00:41 PM | https://www.thehindu.com/news/cities/Hyderabad/india-can-lead-in-emerging-tech-areas-speakers/article26163666.ece

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