To give Social Innovation Business a new dimension through utilization of digital technologies and foster new partnerships, Hitachi, in association with Business Today, orchestrated Hitachi Social Innovation Forum 2018 DELHI. The event exhibited lengthy discussions on Social Innovation and the role of Collaborative Creation with customers in the digital transformation journey of India. The participants included top senior executives of prospective companies, government authorities and market influencers like Mr. Amitabh Kant, CEO, NITI Aayog, and several others.
Recently brought into limelight by Hon’ble Prime Minister of India Shri. Narendra Modi as ‘ease of living’, Hitachi has been a vital part of this ‘Transformation’ by involving its stakeholders through Collaborative Creation. Carrying forward the torch of digital transformation, Hitachi gave the delegates a chance to witness Social Innovation in action. During several engaging discussions, the delegates outlined various strategies through which technology pioneers can collaborate with the government to overcome the different challenges. Currently, Indian society is facing several hurdles across different industry verticals such as energy, manufacturing, banking and urban development. The panelists discussed about the possible combination of IT (Information Technology) and OT (Operational Technology) as the ideal solution for such challenges.
Here is a brief synopsis of the sessions and business seminars convened during the event:
Mr. Bharat Kaushal, MD, Hitachi India.
Mr. Manoj Kohli, Executive Chairman, Soft Bank Energy.
Mr. Alistair Dormer, Senior Vice President and Executive Officer, CEO of Railway Systems Business Unit, Hitachi, Ltd.
Mr. Hicham Abdessamad, Deputy General Manager, Social Innovation Business Division, Hitachi, Ltd.
Hitachi Social Innovation Forum 2018 was initiated with an interactive session on the role of Social Innovation in the transformation of the Indian society. The panelists discussed how Digital Transformation is going to steer the technological wave in India. Furthermore, the experts also talked about the challenges that the Indian society is facing and their plausible solutions. The solutions proposed by Hitachi commit to take the position of Thought Leader in the transformation journey of Indian society.
Mr. Vivekanand Venugopal, VP & GM, Hitachi Vantara India.
According to the panel experts, there will be more than 40ZB (ZettaByte) of data by 2020, but only a fraction of it will be of any use. Data alone is nothing; gaining insight from data is what makes it worth. With this fact, the discussion was directed towards “The Power of Hitachi Vantara” and how it is assisting the organizations to achieve the real value of the data through its multi-aspected data management services. What came through this discussion was a strong nod to technologies such as Big Data Analytics, AI and ICT in the journey of the Digital Transformation of India.
Mr. Dev Ramchandani, Director, India Management Consulting, Hitachi Consulting Software Services India Pvt. Ltd.
If the Internet is one of the most amazing human invention, IoT is ready to change everything, even we humans. With major implications on all the industry verticals, IoT or Internet of Things was the crux of the discussion. Certain key elements of the IoT ecosystem including augmented reality, fully automated value chain, 3D printing, industrial robots and several others along with their respective benefits were elaborated. Most participants voted world class quality, reduction in operating costs and improved operating efficiencies as the biggest benefits. A demonstration was held on the deliverance of scalable digital solutions through IoT for substantial transformation.
Ms. Shweta Punj
Mr. Shakeel Ahmed, Advisor – Consulting, Deloitte Touche Tohmatsu India Pvt. Ltd.
Mr. Arun Saxena, Advisor- RailTel Corporation of India
Mr. Narendra Ashar, Director Consulting Services, Hitachi Consulting Software Services India Pvt. Ltd.
Mr. Mangal Dev, Director and Head, Rail Systems BU, Hitachi India Pvt. Ltd.
The speedy expansion in the Indian rail transportation regularly tosses numerous challenges at the workers and commuters alike. Keeping this fact in mind, most participants agreed to the fact that Indian Railways is on the right track by leveraging Big Data Analytics and Artificial Intelligence for remote condition monitoring and prediction of failures. The panel also discussed the prerequisites of predict-and-prevent approach in the form of continuous online monitoring with non-intrusive sensors.
Ms. Shweta Punj
Mr. Prashant Rao, ED – S&T, DMRC Ltd.
Mr. Sharat Sharma, Ex-Director Operations DMRC Ltd.
Mr. Praveen Kumar, Director – O&M, ILF&S Rail (Rapid Metro Gurgaon)
Mr. Andy Barr, CEO, Ansaldo STS
Mr. Mangal Dev, Director and Head, Rail Systems BU, Hitachi India Pvt. Ltd.
With smart cities becoming the core of several research paradigms, the concept of Smart Urban Navigation can’t be missed. Hitachi brought the concept into limelight and highlighted the utilization of data in the overall improvement of the Indian transportation system. Emphasis was laid to probe the Big Data to get an understanding on how to optimize the crowd and passenger flow management at stations, surveillance system, etc. Inter-modality that includes the interconnectivity of different modes of transport was an important part of the discussion. Such viable solutions backed with data analytics would result in an efficient Indian Transportation System and a great travel experience for the commuters.
Mr. Atul Gupta, Partner & Head, Cyber Security, KPMG Cyber Security Practice
Ms. Priya Dhar, CIO & Head of Digital Practice, Godfrey Phillips
Mr. Kapil Mahajan, CIO, Safexpress
Mr. Rajan Bhandari, COO & Regional Director North & East, Hitachi Systems Micro Clinic
The latest cloud buzz has practically restructured the entire IT industry and has become the push behind IT automation. With more and more organizations opting cloud computing for data storage, the complexities pertaining to cloud computation orchestration have become a massive hurdle. The need of the hour is to discover and implement efficient resources in cloud ecosystem by automating the complete workflow. Hitachi recommended the utilization of cloud automation platform to tackle the complexities as automation can help in the better understanding of the given application.
Mr. Atul Gupta, Partner & Head, Cyber Security, KPMG Cyber Security Practice
Ms. Priya Dhar, CIO & Head of Digital Practice, Godfrey Phillips
Ms. Rama Vedashree, CEO, Data Security Council of India
Mr. Rajan Bhandari, COO & Regional Director North & East, Hitachi Systems Micro Clinic
The massive digitalization of businesses during the past few years has made constant threat from cybercrime a ground and terrifying reality. Analyzing the latest data pertaining to hacking, the panel unanimously concluded that currently automated bots and cybercrime are the major threat to digitalization. Additionally, the experts suggested deployment of AI and enhanced automation response system to augment the current cyber defense set-up.