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Experience the New Wave of Digital

unwiredcp2021-08-26T04:58:54+00:00

Overview

“By failing to prepare, you are preparing to fail.” ― Benjamin Franklin, Founding Father of the United States, had once said.

His words probably make more sense to all businesses and business leaders today, especially because of the volatile, uncertain and ambiguous circumstances that humankind is experiencing and is changing the way we think and live forever.

Strategic planning and execution are critical to a company’s success as they help in improving the overall results, generating more revenue, anticipating market trends, and meeting the ever-changing needs of customers.

There is enough evidence that most companies have been planning or implementing modules to harness data to generate more insights from different sections of the business driven by growth opportunities, followed by increased competitive pressure and new regulatory standards.

Companies such as Uber, Netflix and Apple have showed us how dynamic business models combined with digital offerings have let them stay ahead of the rivals.

But what do you do as a business or a leader when you are faced with evolving challenges?

The old slow-changing modules might not just be enough. Speed combined with the next wave of frontier and digital technologies has to be integrated with your business model and processes to ensure that you can plummet to the top in your sector not just taking over the market but the customer’s mindshare. In simple terms – organisations and businesses have to undertake the journey of unifying business processes across the entire organisation while allowing themselves to accelerate business value by breaking down information silos and eliminating inefficiencies.

Join us at The Economic Times & NTT Data presents TRANSFORM 2021 – Experience the new wave of digital to arrive at a one-stop destination for understanding the importance of business intelligence and solving all the challenges pertaining to unifying business processes for future resilience. The one-day virtual summit will showcase how new technologies combined with business intelligence and data analytics can transform businesses and industry sectors.

Why attend?

In a world of flux, chaos and information overdose, the Economic Times TRANSFORM 2021 Summit is an effort to filter noise and guide you to a platform that will discuss the absolute cutting edge in AI and IoT. The discussions will not just stop there but will look at providing a roadmap or a guide of sorts to take your company through its new digital journey. How much to invest? Where to invest? When will you get return? – these are some of the questions that the sessions will try to answer.

If you are looking to glean knowledge and take the next steps in your digital journey in order to survive this black swan event, then this platform is your dream destination. We will not only engage solution providers but also decision makers in firms so that they can bridge the gap between ideas and implementation.

Key Highlights and Statistics:

Since the early 90s, the IT and ITeS services sector in India has been of tremendous importance to its economy eventually growing to account for 7.7% of India’s GDP in 2016. In an attempt to capitalize on this foundation, the current Indian administration announced in February 2018 that the government think-tank, National Institution for Transforming India (NITI) Aayog (Hindi for Policy Commission), will spearhead a national programme on AI focusing on research.

This development comes on the heels of the launch of a Task Force on Artificial Intelligence for India’s Economic Transformation by the Commerce and Industry Department of the Government of India in 2017.

According to an Accenture report, AI has the potential to add US$957 billion, or 15 percent of India’s current gross value in 2035. The combination of the technology, data and talent that make intelligent systems possible has reached critical mass, driving extraordinary growth in AI investment, the report read.

For this, universities, companies and other organisations need to push education to where the demand is. In 2016, India produced 2.6 million students with STEM specalisation.

Also, interestingly, India ranked third among G20 countries in 2016 measured by the number of AI startups, which have increased since 2011 at a compound annual growth rate of 86 percent—higher than the global average. However, the funding is lesser compared to developed countries such as the US and China. India has the opportunity to change this in sync with the Prime Minister’s vision of a self-reliant India.

Digital Transformation- a necessity

1) According to IDC, 40% of all technology spending will go toward digital transformation.

2) Despite pandemic, IDC expects global spending on digital transformation technologies and services to have grown 10% in 2020. (IDC)

3)As of 2019, direct digital transformation investment was expected to grow at a compound annual growth rate (CAGR) of 18% from 2020 to 2023. By 2023, it was expected to approach $7 trillion as companies build on existing strategies and investments, becoming digital-at-scale future enterprises. (IDC)

4) While 52% of companies plan to cut or defer investments because of COVID-19, just 9% will make those cuts in digital transformation. (PwC)

5) Digital transformation is expected to add $100 trillion to the world economy by 2025. Platform-driven interactions are expected to enable approximately two-thirds of the $100 trillion value at stake from digitalization by 2025. (World Economic Forum)

6) The digital transformation market is expected to grow at a CAGR (compound annual growth rate) of 23% from 2019 to $3.3 trillion by 2025. (Research and Markets)

Digital Transformation Benefits

1) Executives say the top benefits of digital transformation are improved operational efficiency (40%), faster time to market (36%) and the ability to meet customer expectations (35%). (PTC) (can be divided into three parts)

2) 56% of CEOs say digital improvements have led to increased revenue. (Gartner)

3) Digitally mature companies are 23% more profitable than their less mature peers. (MIT)

4) High-tech B2B companies have reported a 10% to 20% cost reduction and revenue growth of 10% to 15% from transforming their customer experience processes. (McKinsey)

5) Employees at companies with less than 100 employees are nearly three times more likely to say their digital transformation was a success than employees at companies with more than 50,000 employees. (Mckinsey) (can omit if the line is too long)

Key Takeaways:

  • Hear about the new digital technologies that can transform our business
  • Brainstorm and listen to solutions
  • Figure out what not to do when trying to digitally transform
  • Access to senior professionals from Fortune 500 companies
  • Tap primary market with decision makers at the fore
  • Automation to the end user
  • Dive into bigger customer pool with virtual product pitch & proposal sharing

Who should attend:

Business leaders, founders, entrepreneurs, chief executive officers, chief financial officer, chief operating officer, chief human resources officer, chief technology officer, chief digital officer, chief information officer, chief information security officer, academicians, researchers, scientists, experts, consultants


Agenda

  • Proposed Plenary
  • Pharma & Lifesciences
  • Manufacturing
  • CPG

Proposed Plenary

10:15 – 10:30

Registration | Networking

10:30 –10:35

Welcome Address by ET EDGE/Host followed by Welcome video

10:35 – 10:50

Keynote Session: “Aurora Digitalis” – The new wave of digital transformation
For the uninitiated, digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers. It’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure. This session is going to be led by a business leader who is going to apprise attendees of the possible challenges and how to go about tackling them, in turn unveiling Digital Transformation 2.0.

10:50 – 11:05

Keynote Session 2: Achieving Escape Velocity – Leaving the competition behind
This session will explore the digital transformation narrative from the customer organisation’s perspective and explain how businesses can make it to the top of their industry segments. The spokesperson will share how these can tackle the pandemic-related using technology and surge towards growth.

11:05 – 11:20

Customer Success Story

11:20 – 11:30

Games/Videos

11:45-11:50

Closing note by ET EDGE

Pharma & Lifesciences

11:50-12:00

Experience Zone | Polls

12:00-12:05

Welcome remarks by ET Edge

12:05 – 12:20

Keynote Session: Pharma 4.0 to Pharma 5.0 – Unlocking the disruptive potential of transformation

Pharmaceutical companies are trying very hard to keep up with the revolution brought about by digital technology. Mobile communications, the cloud, advanced analytics, Digital Marketing, and the Internet of Things are among the innovations that are beginning to transform the healthcare industry. Pharma C-Suite executives are well aware of the disruptive potential of digital transformations and are experimenting with a wide range of digital initiatives. Many find it challenging to decide what actions to scale up and how, as they are still unclear what digital success will look like in the future. This keynote address will draw an outline of the best practices and targets in terms of unlocking the full potential of ­your business.

12:20 – 12:35

NDBS – RISE With SAP

12:35 – 1:15

Panel Discussion: Scaling Digital – the new throes for modern enterprises
Healthcare and pharmaceutical organizations must ensure flawless application delivery and scalability of operations, supporting a highly diverse audience and wide range of endpoint devices. They must protect patient records, maintain regulatory compliance and security. To stay competitive and relevant and be considered for stimulus and grants, the networks must be able to quickly evolve. And all of this must be achieved while also controlling costs. This session will look to understand how businesses in the subcontinent can implement strategies to unlock more innovation via switching to adaptive and intelligent networks.

Discussion Points:

  1. Understanding adaptive, intelligent solutions for better CX and innovation
  2. Moving from legacy to paperless systems
  3. Attaining agility, flexibility and scalability through cloud adoption
  4. Process excellence with cloud for critical applications and data
  5. Accelerating innovation while reducing data footprint
  6. End-to-end support for sustainability
  7. Use of AI/ML to improve efficiency in drug discovery procedures

01:15-01:25

Q&A

01:25-01:30

Closing note by ET EDGE

Manufacturing

11:50-12:00

Experience Zone | Polls

12:00-12:05

Welcome remarks by ET Edge

12:05 – 12:20

Keynote Session: The Man & Machine – Towards Industry 5.0

Manufacturing companies are trying very hard to keep up with the revolution brought about by digital technology. Mobile communications, the cloud, advanced analytics, Digital Marketing, and the Internet of Things are among the innovations that are beginning to transform the manufacturing industry. The C-Suite executives are well aware of the disruptive potential of digital transformations and are experimenting with a wide range of digital initiatives. Many find it challenging to decide what actions to scale up and how, as they are still unclear what digital success will look like in the future. This keynote address will draw an outline of the best practices and targets in terms of unlocking the full potential of your business.

12:20 – 12:35

NDBS – RISE With SAP

12:35 – 13:15

Panel Discussion: Scaling Digital – the new throes for modern enterprises
Manufacturing organizations today must ensure flawless application delivery and scalability of operations, supporting a highly diverse audience, both internal and external. They must ensure productivity of man and machine to generate products that appeal to a wide range of users. To stay competitive and relevant, these organisations must be able to quickly evolve their IT and OT. And all of this must be achieved while also controlling costs. This session will look to understand how businesses in the subcontinent can implement strategies to unlock more innovation by switching to adaptive and intelligent networks.

Discussion Points:

  1. Understanding adaptive, intelligent solutions for better CX and innovation
  2. Achieve reduction in maintenance and operating costs with process excellence
  3. Have better visibility from raw materials to finished product and beyond
  4. Financial and operational efficiency while reducing data footprint
  5. Understand how to reduce total cost of ownership
  6. Managing multigenerational environments
  7. Positioning the organization for Industry 4.0 and beyond

13:15-13:25

Q&A

13:25-13:30

Closing note by ET EDGE

CPG

11:50-12:00

Experience Zone | Polls

12:00-12:05

Welcome remarks by ET Edge

12:00 – 12:15

Keynote Session:  Agility – The Name of the Game

With consumers changing their behaviour more incessantly, the CPG industry needs to increase its speed of adaption and that essentially means being agile. This session will explore how the C-Suite can reconfigure their thought process towards building more agility by leveraging technology and young talent.

12:15 – 12:30

PARTNER SESSION

12:30 – 1:10

Panel Discussion: Scaling Digital – the new throes for modern enterprises
CPG businesses today must ensure flawless execution, delivery and scalability of operations, supporting a highly diverse audience, both internal and external. They must ensure productivity of man and machine to generate products that appeal to a wide range of users. To stay competitive and relevant, these organisations must be able to quickly evolve their IT and OT. And all of this must be achieved while also controlling costs. This session will look to understand how businesses in the subcontinent can implement strategies to unlock more innovation via switching to adaptive and intelligent networks.

Discussion Points:

  1. Understanding adaptive, intelligent solutions for better CX and innovation
  2. Close sales cycles faster with reduction in inventory cost and stock
  3. Understand how to achieve operational resilience
  4. Accelerate innovation while reducing data footprint
  5. Simplify the “as-a-service” experience with a predictable and lower TCO
  6. End-to-end support for sustainability

13:15-13:25

Q&A

13:25-13:30

Closing note by ET EDGE

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Register Now

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Contact Us

  • Address: Lotus Corporate Park, 19th floor – 1902 and 1901, G – Wing, Off Western Express Highway, Geetanjali Railway Colony, Laxmi Nagar, Goregaon (East), Mumbai – 400063
  • Email: etunwired@et-edge.com

Recent Webinar

Assuring network resiliency with AI
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DevSecOps: The Key to Securing Your Software Supply Chain Security