Indian industries have become data base, says Jain
India is a “very strong player” in the digital space and the entire ecosystem of enterprises today has become data based in a period of six years, starting with the launch of Digital India on 1 July 2015 by Prime Minister Narendra Modi, according to senior Government officials.
Further, IOT device market has a very high future potential and its growth pace is promising, according to Dr. A. K. Garg, Senior Director, Ministry of Electronics & Information Technology (MeitY).
“IOT devices are now easily accessible at extremely cheap prices,” Garg said at the E-Conclave-webinar On Intelligent Connectivity For Business Growth on 2nd September 2021 focusing on “Advanced Digital Networks for Data-Oriented Businesses”.
Anil Kumar Jain, CEO, NIXI, Ministry of Electronics & Information Technology (MeitY), elaborated that the timely launch of digital India scheme on 1 July 2015 is boosting the digital infrastructure, digital governance and digital access to everyone. “The entire ecosystems of our industries today have become data based.”
The E-Conclave was organised by PHD Chamber of Commerce and Industry (PHDCCI) on 2 Sept 2021. Participants at the event discussed the future potential and growth trajectory of data driven intelligent connectivity as well as the impact of breakthrough technologies on business operations and their growth
The collection of high quality data is the building block of intelligent connectivity. In today’s digital and data driven era, private business entities are ready to spend enormous amounts of money on data management and government bodies are focused on data collection as well data protection, according to observation by Deepak Pahwa, Chair, Innovation Committee, PHDCCI.
Providing an intuitive industry perspective, V.K. Mishra, Co-Chair, Innovation Committee, PHDCCI, highlighted that intelligent connectivity is a combination of high speed network, artificial intelligence and the linkage of devices through integrated network. “These technologies are a game changer for businesses in terms of growth and future survival.”
The scope of Intelligent Connectivity in business growth is evident across various sectors like advertising, tourism, healthcare, drone operations and many others, he pointed out.
While moderating the webinar, Dr. Jatinder Singh – Director, PHDCCI, provided an overview of intelligent connectivity as well as business growth, emphasising on the importance of embracing the new technologies and its integration across various businesses.
The webinar received participation from senior government officials, digital service providers, professionals and academia.
The webinar was supported by Annual Sponsors – DLF India; Multani Pharmaceuticals; UFLEX; JK Tyre & Industries; Marble City; Paramount Cables; SMC Investments and Advisors; Blossom Kochhar Aroma Magic; Comtech Interio; DCM Shriram Industries; Radico Khaitan; R.E. Rogers India; Ajit Industries; Synergy Environics; Continental Carriers; Timberworkz; Jindal Stainless; Modern Automobiles; P S Bedi & Co; IFFCO and Hindware. #technologies #digital #investment #economy /fiinews.com
