Tuesday, February 7, 2023

XLRI Jamshedpur to host conclave on ‘The Digital First Mindset’


Jamshedpur, Aug 17: XLRI PGDM(GM) batch of 2022-23 will organise one of its kind – a digital transformation edition of ReENVISION –  The Digital First Mindset, to be held on 21 August. The pandemic has taken us one step ahead in terms of connecting with each other online. ReENVISION is going to be a virtual event as well and the theme for the conclave is “The Digital First Mindset”.  The importance of the theme can be felt when BCG in its latest report has stressed that “Digital transformation always needs a digital mindset”.

The event will be facilitated by Dr. Kushal Saha, Dr.Pratik Tarafdar and XLRI PGDM (GM) Student Conclave Committee.

Digital Transformation has progressed from a boardroom buzzword to a critical strategic priority, but the industry is still in its infancy. According to IDC, global investment in digital transformation will grow at a compound annual rate of 17.1 percent, reaching a staggering $2.3 trillion (53 percent of all ICT spending) by 2023.

 Digital transformation, in its most basic form, defines how a company utilizes technology, people and processes to provide value to its customers. In doing so, businesses aim to come up with business models that will last longer and bring in the most revenue. It all comes down to a technological rethinking. It is expected that digital platforms and data and digital intelligence will drive about 70 percent of new value creation happening in the digital economy over the next decade, paving the way for automation, artificial intelligence and machine learning to help businesses expand their reach, customer base and impact.

The conclave starts with the Inaugural Address by   Sam Pitroda, Chairman, The Pitroda Group LLC followed by the Chief Guest address by  Sindhu Gangadharan, MD, SAP Labs India. Then,  Rohan Sachdev, Managing Partner-India Consulting, EY will deliver his speech.

As Bill Gates said, “Banking is necessary, banks are not.” We have our first panel explaining “How Fintech is disrupting the BFSI Industry and the Digital World” and discussed by  Varun Sridhar, CEO, Paytm Money ,  Arundhoti Banerjee, COO, Zaggle,  Sridhar Iyer, Executive VP & Head, Mashreq Neo- Mashreq Bank, UAE and  Prashanth Narayan, CTO, Zype and moderated by Prof. Kusha Saha, Faculty, Information Systems Area at XLRI Jamshedpur.

The second panel will be on the topic “Leveraging Digital Transformation through AI and ML”. Machine learning and Artificial Intelligence by virtue of its ability encourage innovation, creativity and focus on empowering employees and business leaders, which are also the basics for a successful digital transformation. This will be discussed by   Nitin Sethi, Chief Digital Officer, Adani Digital Labs,  Jayant Prabhu MD, Applied Intelligence, Accenture,  Naveen Athresh, Head and Vice President, Product Management and Design, MatchMove India,   Sandesh Goel, MD, Eightfol.AI,  Kashyap Kompella, CEO, RPA2AI Research and moderated by Dr. Pratik Tarafdar, Faculty, Information Systems Area at XLRI Delhi NCR campus.

 Devie Mohan, Co-Founder and CEO, Burnmark & Turya, UK, Prof. Dr. Marc K Peter, Head of Competence Centre Digital Transformation, FHNW School of Business, Switzerland,  Siddharth Nambiar, Head- International Healthcare, Amazon US,   Pradeep Gulipalli, Co-Founder, Tiger Analytics will give their inspiring speeches in the conclave.

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