In the new digital normal, organizations are getting tech intense and leveraging technology as a key catalyst for growth. Across industries and business, growth and strategy is being re-defined with technology adding the multiplier effect. Speaking on Day 1 of Future Ready – Microsoft’s flagship event, Dr. BS Ajai Kumar, Executive Chairman, Healthcare Global Enterprises, Bharat Puri, Managing Director, Pidilite Industries and Dr. Hasit Joshipura, Senior Vice President & Head of Corporate Centre, Larsen & Toubro Limited came together to discuss what this implies for the Indian manufacturing and healthcare sector.
Here are some key takeaways and excerpts from the session “An innovation DNA to succeed in a modern world”.
- Disruptive tech-led start-ups emerge as viable business models.
- “Mixed-Reality Solutions” making its mark in healthcare, to problems of safety and training in a hybrid workspace.
- Data holds potential to catapult India on the global map of leaders across industries.
Dr. Hasit Joshipura, Senior Vice President & Head of Corporate Centre, Larsen & Toubro Limited said “The problem with disruptive technologies is that adoption takes a lot of time. So, unless there is a compulsion to adopt quickly, adoption does not happen. But I think the last 2 years have done two things — One is there has been a compulsion on the demand side for accelerated adoption, and second, because of the acceleration of adoption, the comfort of technology, and the obvious evidence that this is here to stay, there are business models which are getting the kind of valuation that they are getting…suddenly tech is become a very viable business proposition”.
Dr. BS Ajai Kumar, Executive Chairman, and Healthcare Global Enterprises “We are now working with Microsoft, which is a great game changer of this mixed reality. For example, for an operation, normally the patient would have to come to Bangalore from say two tier cities away say 5 hours away, 6 hours away need not be, distance doesn’t matter. Our expert surgeon in Bangalore, his avatar was there in this town where he helped the doctor to remove a major tumor, which was attached to the carotid blood vessels — normally in a smaller town they don’t do that”.
Bharat Puri, Managing Director, Pidilite Industries, said “message for healthcare in India, we lack R&D, research and development. And I think, technology can be used to leapfrog, where we can collect and proper curate data, which we have been lacking. And this can lead to lot of research and work where we can actually be leaders with the immense data we have in this country”
As India steps into a digital-first world, individuals, communities, organizations, and governments are partnering with the tech ecosystem. Microsoft is working closely with the government, industry, and civil society partners on several initiatives to empower Indians to achieve more.