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Paul Daugherty, Group Chief Executive – Technology & Chief Technology Officer, Accenture highlight the trends, challenges and opportunities that lie ahead

NTLF 2022: Reimagining the art of possible with Accenture 

Experts say the combination of physical and digital lives will continue to expand people’s boundaries and opportunities in the coming decade. Are humans ready to embrace these tech innovations? Day 3 of Nasscom Tech and Leadership Forum puts the focus on reimagining the art of possible. During this session Paul Daugherty, Group Chief Executive – Technology & Chief Technology Officer, Accenture highlight the trends, challenges and opportunities that lie ahead, and how a human-centric approach will allow us to apply tech for the better

From Web3.0, Space Internet,&nbsp;Metaverse&nbsp;to&nbsp;Innovation Superclusters&nbsp;NTLF&nbsp;2022 Day 3 puts the focus on the art of the possible

NTLF&nbsp;2022: Experts say the combination of physical and digital lives will continue to expand people&rsquo;s boundaries and opportunities in the coming decade. Are humans ready to embrace these tech innovations?
Day 3 of <a href="https://www.editorji.com/business-news/redefining-ceos-priorities-tech-sustainability-inclusion-ntlf-2022-1645100579069" target="_blank">Nasscom&nbsp;Tech and Leadership Forum(NTLF)</a>&nbsp;puts the focus on reimagining the art of possible. During this session Paul Daugherty, Group Chief Executive &ndash; Technology &amp; Chief Technology Officer, <a href="https://www.editorji.com/story/accenture-raises-guidance-and-dividend-payout-hands-out-bonus-to-employees-1616143247290" target="_blank">Accenture </a>highlight the trends, challenges and opportunities that lie ahead, and how a human-centric approach will allow us to apply tech for the better.
Also Watch:&nbsp;
<a href="https://www.editorji.com/business-news/redefining-ceos-priorities-tech-sustainability-inclusion-ntlf-2022-1645100579069" target="_blank">&bull; Redefining CEOs Priorities - Tech, Sustainability, Inclusion: NTLF 2022</a>
&bull;&nbsp;<a href="https://www.editorji.com/business-news/ntlf-2022-is-your-management-model-eating-ecosystems-for-breakfast-1645096865511" target="_blank">NTLF 2022: Is your Management Model Eating Ecosystems for Breakfast?&nbsp;</a>
&bull;&nbsp;<a href="https://www.editorji.com/business-news/ntlf-2022-how-talent-and-sustainability-will-drive-innovation-in-the-techade-1645082067596" target="_blank">NTLF 2022: How talent and sustainability will drive innovation in the techade</a>
&bull;&nbsp;<a href="https://www.editorji.com/business-news/compounding-the-impact-of-technology-with-krishnan-ramanujam-ntlf-2022-1645076805019" target="_blank">Compounding the Impact of Technology with Krishnan Ramanujam @ NTLF 2022</a>

Rekha Menon speaks to  Alison Rose CEO, NatWest Group on how Tech, Sustainability, Inclusion are finding a seat in the boardrooms. 

Redefining CEOs Priorities - Tech, Sustainability, Inclusion: NTLF 2022

The session highlights the need for&nbsp;CEOs&nbsp;to&nbsp;reimagine their strategies for long-term value creation

The 30th edition o<a href="https://www.editorji.com/business-news/intel-s-view-on-the-future-of-the-connected-world-at-ntlf-2022-1645000195082" target="_blank">f Nasscom's&nbsp;Tech and Leadership forum(NTLF 2022)</a> brainstorms with industry stalwarts on how CEOs&nbsp;should reimagine&nbsp;and restrategise&nbsp;their priorities.
<a href="https://www.editorji.com/business-news/ntlf-2022-puts-the-focus-on-building-a-i-models-responsibly-1644999960124" target="_blank">Rekha&nbsp;Menon</a>&nbsp;speaks to&nbsp;&nbsp;Alison Rose&nbsp;CEO, NatWest Group on how&nbsp;Tech, Sustainability, Inclusion are finding a seat in the boardrooms.
Also Watch:
&bull;&nbsp;<a href="https://www.editorji.com/business-news/ntlf-2022-reimagining-the-art-of-possible-with-accenture-1645161065921" target="_blank">NTLF 2022: Reimagining the art of possible with Accenture</a>
&bull;&nbsp;<a href="https://www.editorji.com/business-news/nasscom-tech-leadership-forum-the-saas-focus-with-freshworks-and-sequoia-1644998571509" target="_blank">Nasscom Tech &amp; Leadership Forum 2022: The SAAS focus with Freshworks and Sequoia</a>

Raymond Hoffman  addresses the NTLF audience and helps answer how to make business models work with relationships that are effective and scaleable. 

NTLF 2022: Is your Management Model Eating Ecosystems for Breakfast?

Nasscom Tech and Leadership Forum 2022 brings to the stage Raymond Hoffman a management designer and advisorAll of Raymond’s work focuses on his mission to make management simpler, more human and above all more effective. Raymond addresses the NTLF audience and helps answer how to make business models work with relationships that are effective and scaleable. 

Raymond Hoffman on business models in the new techade

Catch this insightful keynote by Raymond Hoffman on Day 2 of Nasscom&nbsp;Technology and Leadership Forum 2022

<a href="https://www.editorji.com/business-news/ntlf-2022-reimagining-the-art-of-possible-with-accenture-1645161065921" target="_blank">Nasscom&nbsp;Tech and Leadership Forum 2022(NTLF&nbsp;2022)</a> brings to the stage Raymond Hoffman&nbsp;a management designer and&nbsp;advisorAll of Raymond&rsquo;s work focuses on his mission to make management simpler, more human and above all more effective.
Raymond&nbsp;Hoffman&nbsp; addresses the <a href="https://www.editorji.com/business-news/nasscom-tech-leadership-forum-2022-digitizing-pharma-1645088944540" target="_blank">NTLF&nbsp;</a>audience and helps answer how to make business models work with relationships that are effective and scaleable.
Also Watch:&nbsp;
&nbsp;&bull;&nbsp;&nbsp;<a href="https://www.editorji.com/business-news/leaders-discussion-microsofit-tech-mahindra-talk-about-india-s-digital-roadmap-1645020132321" target="_blank">Nasscom Tech and Leadership Forum 2022: Microsoft &amp; Tech Mahindra talk about India's digital roadmap</a>
&nbsp;&bull;&nbsp;<a href="https://www.editorji.com/business-news/nasscom-tech-and-leadership-forum-puts-the-focus-on-the-young-stars-of-the-techade-1645077719698" target="_blank">Nasscom Tech and Leadership Forum puts the focus on the 'Young Stars of the Techade'</a>

Aiman Ezzat, Group CEO, Capgemini talks about the key drivers and what solutions one can find to have the trifecta of innovation, talent and sustainability.

NTLF 2022: How talent and sustainability will drive innovation in the techade

The next decade of innovation will be fueled by innovation that brings with it talent and sustainability as well. In this digital age, organizations must view these as a competitive asset. Aiman Ezzat, Group CEO, Capgemini talks about the key drivers and what solutions one can find to have the trifecta of innovation, talent and sustainability.

NTLF 2022: Driving ahead with sustainability and talent

Focus on how organisations&nbsp;must view talent and sustainability as competitive assets in the next wave of tech growth

NTLF&nbsp;2022: The next decade of innovation will be fueled by innovation that brings with it talent and sustainability as well. In this <a href="https://www.editorji.com/editorji-specials/how-india-leapfrogged-other-nation-winning-the-digital-age-author-in-conversation-with-vikram-chandra-1644487547734" target="_blank">digital age</a>, organizations must view these as a competitive asset.
Aiman Ezzat,&nbsp;Group CEO, Capgemini&nbsp;talks about the key drivers&nbsp;and what solutions one can find to have the trifecta of innovation, talent and sustainability.
Also Watch:&nbsp;
&bull;&nbsp;<a href="https://www.editorji.com/business-news/ntlf-2022-is-your-management-model-eating-ecosystems-for-breakfast-1645096865511" target="_blank">NTLF 2022: Is your Management Model Eating Ecosystems for Breakfast?</a>
&bull;&nbsp;<a href="https://www.editorji.com/business-news/redefining-ceos-priorities-tech-sustainability-inclusion-ntlf-2022-1645100579069" target="_blank">Redefining CEOs Priorities - Tech, Sustainability, Inclusion: NTLF 2022</a>

Krishnan Ramanujam, President and Head of Business and Technology Services, TCS and Vice Chairman of Nasdaq puts the spotlight on compounding the tech impact on business

Compounding the Impact of Technology with Krishnan Ramanujam @ NTLF 2022

Data and demographic dividend will make this decade the country's “Techade" so how does one maximize tech impact and not just focus on tech adoption?  Krishnan Ramanujam, President and Head of Business and Technology Services, TCS and Vice Chairman of Nasdaq puts the spotlight on compounding the tech impact on businesses and growth as he sets the stage for Day 2 of the flagship event Nasscom Technology and Leadership Forum 2022. 

The Vice Chairman of Nasscom&nbsp;shares his views on how can we maximize tech impact.&nbsp;

NTLF 2022: Data and demographic dividend will make this decade the country's &ldquo;Techade" so how does one maximize tech impact and not just focus on tech adoption?
Krishnan Ramanujam,&nbsp;President and Head of Business and Technology Services, TCS&nbsp;and Vice Chairman of Nasdaq&nbsp;puts the spotlight on compounding the tech impact on businesses and growth as he sets the stage for&nbsp;Day 2 of the flagship event <a href="https://www.editorji.com/tech-news/india-s-techade-aspirations-and-actions-with-rajeev-chandrasekhar-1645012663575" target="_blank">Nasscom&nbsp;Technology and Leadership Forum 2022(NTLF&nbsp;2022)</a>.&nbsp;
Also Watch:&nbsp;
&bull;&nbsp;<a href="https://www.editorji.com/tech-news/india-s-techade-aspirations-and-actions-with-rajeev-chandrasekhar-1645012663575" target="_blank">India's Techade: Aspirations and actions with Rajeev Chandrasekhar at NTLF 2022</a>
&bull;&nbsp;<a href="https://www.editorji.com/business-news/nasscom-tech-leadership-forum-the-saas-focus-with-freshworks-and-sequoia-1644998571509" target="_blank">Nasscom Tech &amp; Leadership Forum 2022: The SAAS focus with Freshworks and Sequoia</a>

Nasscom Tech and Leadership Forum 2022  highlights the "The Power of Transformation" in conversation with Rajeev Chandrasekhar, Minister of State for Skill Development and Entrepreneurship of India. Speaking to the Union Minister, Debjani Ghosh, President of Nasscom talks about India's Techade: Aspirations and Actions as we stride ahead to become a trillion dollar digital economy. 
The three-day flagship tech forum will have stalwarts from the Indian and global technology industry, C-level executives, and expert analysts and is expected to see participation from over 2,000 delegates, 80 global thought leaders. 

India's Techade: Aspirations and Actions with Rajeev Chandrasekhar

What are India's Aspirations and Actions for this Techade? Debjani Ghosh of Nasscom puts the focus on the power of transformation with Union Minister Rajeev Chandrasekhar at NTLF 2022

India's Techade: Aspirations and Actions with Rajeev Chandrasekhar at NTLF 2022

&nbsp;
Data protection is a discourse that is some years old. You know, as a as a member of Parliament, I was one of the few that actually approached the Supreme Court on this issue. We have our draught legislation that then went to Parliament, and now the parliament has given it back to government over the Commons on it. And but the origins of that bill are about three the the the provenance of the bill are about three years old and a significant amount of changes have happened since that. So there is a natural number of people who are commenting on and writing to me, talking to me about whether the bill is needs to be further improved, further discussed whether the bill meets the full spectrum of the need to be a and flexible given the changes in the future. So those that discussion is on. Give me my own view on this is and I say this and I've said this in the past that it is important to get the next bit of legislation very right. And I don't mean very right in terms of the details of the right. As much as the ability for it to be flexible and evolutionary, I think we would be making a big mistake if we are moving to legislation that is very hard coded, very embedded in terms of principles that may not be necessarily evaluable and are very, let us say, cutting. And so and for all of those reasons, I think the fact that we need a new digital law because our current legislation is 20 years old, the idea that we and we need a more of a law for the internet and that we have this data protection law that addresses the issues of the citizen's right to privacy and lays out the rules for all of the internet. It is. But you know, the flipside of that is we want to make sure that the the momentum of our Start-Up ecosystem is not blunted by even one percentage if if the regime hints at a higher degree of compliance costs and higher degree of compliance bureaucracy. So these are all issues that you know, frankly, the prime minister has always said in these areas, you must have as much public consultation as possible. And you know, we are talking to people. The bill has been referred back to the ministry as you know, and I have been flooded with letters from all kinds of industry associations, critique, you know, critical of it, supporting it and so on and so forth. So we will continue this conversation for a little bit longer, in my opinion, because I mean, I would not want to just rushing into something, and I have to, in a sense, then go back with more amendments and correct things and so on and so forth. You're absolutely right. The goal needs to be needs to get a signal that the Indian cyberspace to safe, trusted. It's open, it's accountable and most importantly, very predictable in terms of what the jurisprudence around it is. And I think that is our mission and that is our goal and we will work at it
The three-day flagship tech forum will have stalwarts from the Indian and global technology industry, C-level executives, and expert analysts and is expected to see participation from over 2,000 delegates, 80 global thought leaders.&nbsp;

Rajeev&nbsp;Chandrasekhar, Minister of State for Skill Development and Entrepreneurship of India, Government of India addresses the Nasscom&nbsp;Tech and Leadership Forum 2022

Nasscom&nbsp;Tech and Leadership Forum 2022&nbsp; highlights the "The Power of Transformation" in conversation with&nbsp;Rajeev&nbsp;Chandrasekhar, Minister of State for Skill Development and Entrepreneurship of India. Speaking to the Union Minister, Debjani&nbsp;Ghosh, President of Nasscom&nbsp;talks about India's Techade: Aspirations and Actions as we stride ahead to become a trillion dollar digital economy. Here is an excerpt of that conversation-:
Minister Rajeev&nbsp;Chandrasekhar: Data protection is a discourse that is some years old. You &nbsp;know, as a as a member of Parliament, I was one of the few that &nbsp;actually approached the Supreme Court on this issue. We have our &nbsp;draught legislation that then went to Parliament, and now the &nbsp;parliament has given it back to government over the Commons on it. And&nbsp;but the origins of that bill are about three the the the provenance ofthe bill are about three years old and a significant amount of changes&nbsp;have happened since that. So there is a natural number of people who are commenting on and writing to me, talking to me about whether the bill is needs to be further improved, further discussed whether the bill meets the full spectrum of the need to be a and flexible given the changes in the future. So those that discussion is on. Give me my own view on this is and I say this and I've said this in the past that it is important to get the next bit of legislation very right. And I don't mean very right in terms of the details of the right. As much as the ability for it to be flexible and evolutionary, I think we would be making a big mistake if we are moving to legislation that is very hard coded, very embedded in terms of principles that may not be necessarily evaluable and are very, let us say, cutting. And so and for all of those reasons, I think the fact that we need a new digital law because our current legislation is 20 years old, the idea that we and we need a more of a law for the internet and that we have this &nbsp;data protection law that addresses the issues of the citizen's right to privacy and lays out the rules for all of the internet. It is. But you know, the flipside of that is we want to make sure that the the &nbsp;momentum of our Start-Up ecosystem is not blunted by even one percentage if if the regime hints at a higher degree of compliance costs and higher degree of compliance bureaucracy. So these are all issues that you know, frankly, the prime minister has always said in these areas, you must have as much public consultation as possible. And you know, we are talking to people. The bill has been referred back to the ministry as you know, and I have been flooded with letters from all kinds of industry associations, critique, you know, critical of it, supporting it and so on and so forth. So we will continue this conversation for a little bit longer, in my opinion, because I mean, I would not want to just rushing into something, and I have to, in a sense, then go back with more amendments and correct things and so on and so forth. You're absolutely right. The goal needs to be needs to get a signal that the Indian cyberspace to safe, trusted. It's open, it's accountable and most importantly, very predictable in terms of &nbsp;what the jurisprudence around it is. And I think that is our mission and that is our goal and we will work at it
Debjani&nbsp;Ghosh:&nbsp;Now lets switch tracks a bit to talk about talent, which is also another big charter that you hold. You know, the prime minister rightly said that in coming years, India will be the biggest supplier of workforce to the world. Completely agree with that. In fact, in the in the report that we just launched, It was interesting to see that over five million workforce that the tech industry employs nearly around 1.6 million digital. That means one out of three are digitally skilled and the number is just growing every day. It was also interesting to see that, given that globally there's a gap between demand and supply in digital talent, India actually has the shortest or has the lowest score of twenty one point one percent gap between demand and supply, whereas countries like US UK are in the high 27 to 30 percent. So we actually have a huge advantage there. But today the needs are changing, especially for our industry. What we are seeing is people want companies are hiring more for your, you know, the way you think, how fast you can learn and the skills can be taught. You know, it's more for your attitude than your aptitude and your aptitudes with what we have, we are training them on. So question to you is, is what you thought and how we can change the education, the core education system to focus on growing this, the cultural for a generation of learners curiosity, you know, people who collaborate, people who ask questions, sort of how do we instil that curiosity and love for learning versus just embodying knowledge? Is that is that a goal and how do we enable it?
&nbsp;
Minister Rajeev&nbsp;Chandrasekhar: Well, I think that is a very good question, and it is a very relevant question, more relevant, more than more relevant even now. Even so, in the post COVID, you know that we are living in bed and there was a demand for a new renewal of skills. There is a demand for more and more digital skills, and there is a demand for more and more people to skill themselves digitally. So, you know, there is a completely, in my opinion, a new paradigm to learning that is evolving post-COVID during COVID and post-COVID. And there is a new part of what people want to learn. So both these things are happening almost simultaneously. Look, as far as if you just step back a minute to look at where India is today on the education, learning and skilling space we have now in 2020. So let me give you a little backstory in the five years since the prime minister launched the Skill India mission. I don't know if you have it, but this is a good number for your audience to know. The government skilling programmes skilling alone, not education, by the way, has killed all 50 million Indians, five crore Indians. And of course, these are all primarily blue collar, with some small percentage of the white collar space in the tech space. But I'm putting the number out there not to show the efficacy of our schooling system, but to show you the numbers that are in the skilling network at any given point in time. Now, fast forward to 2020. The government has created, in my opinion or enacted the the biggest reform in education since independence, which is a new education policy which in a sense converges vocational training and education. The conventional education in old people, the new model for children where they can choose higher education when they get out of school, they can choose skilling and vocations when they get out of school and go. They're can to sports. And all three are essentially independent career tracks that are available to them that they can start thinking about wandering about experiencing whilst in school. So it is not that you end up with the standard and suddenly are left with either an option of dropping out of school or going into a bachelor's programme in that you get admission. So I think there is that fundamental reform that has happened. The second thing is on the 15th of July, about eight days after I was given this responsibility, the prime minister told us passed us with a reimagining skilling in this new post-COVID world. So we are doing a lot of things on skilling that go to the heart of your question, which is how do we take those who are skilled who need to be? How do we take people who are skilled, who need to be upskill? And how do we take people who have absolutely no skill and make them skilled? And this could be a graduate becoming a tech tech, getting into the tech workforce? It could be a tech workforce who is going up the value chain and learning and other forms of. What and it could be somebody who is completely outside the system who has never been in the tech space and wants to be part of the digital space and gets in there through a series of skilling skills and programming and coding and then getting into the into the workforce. One thing is sure the amongst the young Indian today, whether he's in Lucknow, he's in kahoma, he's in he or she is in Zinogre or in Bengaluru or uni or Jubilee or Dawa. The appetite for all our young Indians to get on this education, skilling, micro entrepreneurship, you know, workforce of sort of the runway is tremendous. And I think, if anything, I'm excited about his responsibility and excited by what we are doing. But sometimes always overawed by the the sense of expectation and the the the the the audience that we are addressing. Because India is such a huge country and one of the things that the prime minister has done is, in a sense, unlock and unleash ambitions and aspirations of every Indian across India. And so that can be a little more inspiring sometimes and breathtaking in terms of I just finished the programme today. It was a political programme and a party programme. And on this all the questions that I had to take what to do with skilling. So and I think that there's a lot of good and other people are aware of that. They are very aspirational, but it puts a lot of pressure on us to deliver exactly what they want. And you know, we are working with future scares prime with people such as yourself on the higher end of the skill matrix on how to address the white-collar demands of the world. And I was recently in Dubai and I was at a meeting breakfast meeting with a large number of traditional labour, let's say, labour companies or workforce outsourcing companies. And they were all now interested in rejigging and reimagining their engagement with India from being purely blue collar to now blue collar and white collar. Because every economy is digitising businesses as far away as Africa digitising, and they all want the white collar capabilities as much as they want our blue collar. So I think it's a good opportunity for India, and we are we are very engaged on it and I hope we will deliver.

IT industry body Nasscom kickstarted the 30th edition of its flagship Nasscom Technology and Leadership Forum (NTLF) which will span over February 16-18, 2022. 

Nasscom Tech and Leadership Forum 2022: Charting the giant leap of the next tech

Nasscom said while technology innovation has a role to play in every aspect of life, it is time for leaders to rethink their strategies to shape a better future

The Giant Leap of the Next Tech: Rekha Menon kicks off NTLF 2022

The&nbsp;summit underlines that while technology innovation has a role to play in every aspect of life, it is time for leaders to rethink their strategies to shape a better future.

IT industry body Nasscom&nbsp;kickstarted&nbsp;the&nbsp;30th edition of its flagship Nasscom Technology and Leadership Forum (NTLF) which will span over February 16-18, 2022. Themed 'Shaping the Techade: The New Now', NTLF 2022 will delve deeper into three focus areas - the new wave of growth and the changing transformation of every business as a tech business; leading in the new and reimagining models to maximise the impact of tech; and the role of future technologies in shaping a better future.&nbsp;
Inaugurating the session, <a href="https://www.editorji.com/business-news/ntlf-2022-puts-the-focus-on-building-a-i-models-responsibly-1644999960124" target="_blank">Rekha&nbsp;Menon</a>, Chairperson of <a href="https://www.editorji.com/business-news/nasscom-tech-and-leadership-forum-wipro-ceo-talks-about-taking-bold-steps-in-the-techade-1645017989705" target="_blank">Nasscom&nbsp;</a>spoke about "The Giant Leap of the Next Tech". Here is an excerpt-: It's also clear that there can be no leadership without technology leadership. As we look ahead into FY'23 and beyond, we see three trends that will power our growth and shape the decade. The first is that every business is now a technology business. We've entered a new era of exponential transformation where technology is reshaping industries and human experiences and doing it at a pace and scale that was previously impossible. This translates into wider adoption of technology, whether it's cloud, AI, automation, and others to equip businesses with intelligence, insight and trust to reimagine and stayresilient.
Also Watch:<a href="https://www.editorji.com/business-news/nasscom-tech-leadership-forum-the-saas-focus-with-freshworks-and-sequoia-1644998571509" target="_blank">&nbsp;Nasscom Tech &amp; Leadership Forum 2022: The SAAS focus with Freshworks and Sequoia</a> The second is a broad consensus that businesses need to be purpose run. In an era of stakeholder capitalism, CEOs are being asked to redefine their priorities with inclusion and sustainability at the top of the growth agenda and those who do balance purposes profit are already reaping financial rewards. We&nbsp;know that technology can play a pivotal role in driving sustainability agendas. And while we use it responsibly, we also need to ensure that we make technology itself more sustainable. And third, the blending of physical and virtual environments is providing new ways for people to work, consume, socialize, and therefore creating new opportunities for us new products, services and experiences, or even new realities like <a href="https://www.editorji.com/world-news/uk-woman-says-she-was-virtually-gangraped-in-facebook-s-metaverse-1643862913004" target="_blank">Metaverse</a>.
As more organizations blend virtual and physical worlds, they need to adapt their people, processes, technology and operations and look at collaboration with a wider set of partners to push the boundaries of what is possible.
Also Watch:&nbsp;<a href="https://www.editorji.com/business-news/nasscom-tech-leadership-forum-2022-digitizing-pharma-1645088944540" target="_blank">Nasscom Tech &amp; Leadership Forum 2022: Digitizing Pharma</a> They say the best way to predict the future is to invent it and to invent our future. In this exciting newphase, we need to double down on existing priorities and create new ones.

Nivruti Rai of Intel on the sidelines of the 30th edition of the flagship tech event Vikram Chandra of Editorji puts the focus on the Future of the Connected World.

Intel's view on the 'Future of the Connected World' at NTLF 2022

Spurred by continued technological advancement, the world today is more connected than ever. As societies emerge from the COVID-19 crisis, a unique window of opportunity has opened to reimagine our relationship with IoT, realize new opportunities for growth and unlock a safer and more inclusive use of the technology. The Future of the new connected world will be built on the building blocks of Trust, Resilience, Equity, Sustainability and Collaboration

Nivruti Rai, Country Head, Intel India and VP, Intel Foundry Services at Intel Corporation speaks to Vikram&nbsp;Chandra on the sidelines of the Nasscom&nbsp;Tech and Leadership Forum

<a href="https://www.editorji.com/tech-news/india-s-techade-aspirations-and-actions-with-rajeev-chandrasekhar-1645012663575" target="_blank">Nasscom&nbsp;Tech and Leadership Forum 2022(NTLF&nbsp;2022)</a> makes the connection for the new techade. Speaking to Nivruti&nbsp;Rai&nbsp;of Intel on the sidelines of the 30th edition of the flagship tech event Vikram&nbsp;Chandra of Editorji&nbsp;puts the focus on the Future of the Connected World. Spurred by continued technological advancement, the world today is more connected than ever. As societies emerge from the <a href="https://www.editorji.com/coronavirus" target="_blank">COVID-19</a> crisis, a unique window of opportunity has opened to reimagine our relationship with <a href="https://www.editorji.com/story/hyd-airport-becomes-india-s-first-to-get-iot-enabled-smart-trolleys-1606565465949" target="_blank">IoT</a>, realize new opportunities for growth and unlock a safer and more inclusive use of the technology. The Future of the new connected world will be built on the building blocks of Trust, Resilience, Equity, Sustainability and Collaboration.&nbsp;
Also Watch:&nbsp;
&bull;&nbsp;<a href="https://www.editorji.com/business-news/ntlf-2022-is-your-management-model-eating-ecosystems-for-breakfast-1645096865511" target="_blank">NTLF 2022: Is your Management Model Eating Ecosystems for Breakfast?</a>
&bull;&nbsp;<a href="https://www.editorji.com/business-news/redefining-ceos-priorities-tech-sustainability-inclusion-ntlf-2022-1645100579069" target="_blank">Redefining CEOs Priorities - Tech, Sustainability, Inclusion: NTLF 2022</a>

Nasscom Tech & Leadership Forum 2022 puts the spotlight on startups and founders that setting out to redefine the techade.

Nasscom Tech & Leadership Forum: The SAAS focus with Freshworks and Sequoia

Nasscom Tech & Leadership Forum 2022 puts the spotlight on startups and founders that setting out to redefine the techade. Rajan Anandan, Managing Director, Sequoia Capital speaks to  Girish Mathrubootham of Freshworks about the startup journey and the role of India in redefining itself as a product nation in the next techade. 

On the onset of transformation lies the story where India has been a beneficiary of technological adoption, and the IT boom played a significant part in it.&nbsp;

Nasscom Tech &amp; Leadership Forum 2022 puts the spotlight on startups and founders that setting out to redefine the techade.&nbsp;Rajan Anandan,&nbsp;Managing Director, Sequoia Capital speaks to&nbsp;&nbsp;Girish&nbsp;Mathrubootham&nbsp;of&nbsp;Freshworks&nbsp;about the startup&nbsp;journey and the role of India in redefining itself as a product nation in the next techade.&nbsp;
<h3>Here is an excerpt of the conversation-:</h3>
Girish Mathrubhootam:: I think what excites me is the long term story for India&nbsp;SAAS, is a very durable one. We have been, let's say optimists or early believers in 2014- 15, hoping that we will have a lot of Indian companies that are going to go public and build long lasting companies and so on.
But but I think it's time that our dream is actually starting to shape up and I can't be more excited about that. And I think the McKinsey&nbsp;report that was probably published maybe a year ago, I think was a fantastic one on showcasing how many Indian startups we can expect to make the identification of 450 different categories in which we can expect such companies to come in. And I think it's all&nbsp;playing out now over the next few years.&nbsp;
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So what we are seeing is new categories emerge like revenue, exhibition place, new verticals focused on big companies like CRM for product LED growth companies and so on and so forth. We&nbsp;are also seeing very interesting place in developer tools like India seeing an explosion of notable tools coming from Indian startups.&nbsp; So I think it's fair to say that this is going to be our decade for India as a product nation that there are challenges like in any other industry. I would say in 2010, my challenge when I was starting Freshworks in Chennai was, we didn't have a good office space for India. I think we have come a long way.
Also Watch :&nbsp;<a href="https://www.editorji.com/business-news/the-giant-leap-of-the-next-tech-nasscom-tech-and-leadership-forum-2022-1645004751413" target="_blank">Nasscom Tech and Leadership Forum 2022: Charting the giant leap of the next tech</a> &nbsp; Today, the challenges are more along, I would say the number one challenge for us is, for all startups and for us as an ecosystem is, Hey, do we have enough experienced talent&nbsp;that all of our startups can quickly ramp up and scale? Right? So we we all know that India has a lot of youngsters and qualified engineers, but are they ready and will we have enough on time? I think that is the biggest challenge, but that's a growth problem. Like we always used to say, a growth problem is always a good problem to have, and I'm an optimist. There will be two or so super excited for this long term story that's playing out for India SAAS. Rajan Anandan:&nbsp;No, can't agree with you more that SAS is really broad based. I want to now move to the journey of Freshworks. You know, you led the company through this meteoric growth phase from founding to IPO. In many ways, you and your team. Girish have had textbook execution in so many areas, right? I wanted to, you know, get your thoughts on two specific questions.
The first one is, look you big red oceans to compete in, right? You know you went after to let's see helpdesk to start with with fresh desk. That was a very competitive space. Then you went after all the other spaces you won after it had been red oceans, you know, as opposed to blue oceans where you have many competitors, which is counter intuitive, right? And still, you were, you know, you guys have been wildly&nbsp;successful. You don't tell us how you thought about this particular strategy of going after sort of red ocean segments. Girish Mathrubhootam:&nbsp;Yeah. Before I talk about decided you, I think let me comment on the textbook execution front because I'm sure there are many founders watching. So from the outside, it may look like textbook execution, but all founders does need to&nbsp;know that from the inside, the kitchen is always messy. So. So it's fine. It's OK, so you don't.
Nobody has textbook execution from the inside, so we make our share of mistakes&nbsp;and you just have to have enough calls made to be able to live to tell the story on the right.So that's something I wanted to tell all the founders that don't get fooled by the execution outside. So but on the strategy, on the red ocean strategy, you are right. See our red ocean strategy was a conscious one. And before your current role, you were head of Google India, so you know what we did exactly well. So when we are targeting global&nbsp;markets, we picked...and we're sitting in India, right? And we are not hiding sales teams around the world in early days. So we needed to compete in established mature markets as a conscious strategy because of the search volumes.
So we were completely relying on online acquisition of customers, making sure the products were super easy to try and buy with credit card monthly payments like we because we were going on, we saw an opening&nbsp;in the market. So and what we used to say is most companies enterprise software companies build for the Fortune 500, we build for the Fortune 5 million, right?
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So that is the opening that we saw that is it long tail of the global SMB and we saw a fresh approach like how can we have product line growth, low cost, low touch sales model and building on Google and other online acquisition channels to bring customers to the website and then&nbsp;letting them try and making sure the products are simple, easy to understand and use.&nbsp;

ntlf 2022

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