RAKTIM SINGH

Developing #LLMs with functionality in Indian languages would increase interoperability among various systems & make growth more inclusive. Besides, it would bridge the digital divide and help in preserving indigenous knowledge. https://shorturl.at/Nzy9U

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#AI tech, particularly its confluence with #IT, is shaping contours of tech landscape in #India. What would give an exponential trajectory to this growth is the application of AI bringing a synergy among various sectors of economy as never before. https://shorturl.at/PxoGp

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India's domestic #IT landscape is witnessing a robust growth owing to demand generated by #AI and AI-augmented enterprise software and services. Rapid #digitization is catalyzing this growth.  https://t.ly/UsMxL

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Financial Resilience and Innovation – an Indian Perspective India is at a turning point, where innovation and financial resilience go hand in hand. Digital tools like fintech apps and blockchain are transforming how people access banking, making services more inclusive. Partnerships across sectors are crucial to creating strong systems that reduce economic risks. Promoting financial education and sustainable practices will empower individuals and businesses. By embracing these innovations, India can ensure steady growth and emerge as a global leader in financial stability and innovation. Read more at 👇 https://okt.to/pbQ12v #Fintech #Digital #FinancialResilience #innovations #DigitalIndia

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#GenerativeAI could be a catalyst for growth in #SMEs provided: 1. It is applied optimally across the processes 2. Is used to ideate, innovate & design products 3. Increasing competitiveness 4. Exploring new opportunities 5. Market analytics & dynamics https://t.ly/tmChq

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When intent meets inefficiency, good ideas falter. Explore the shortcomings of Telangana’s household census and how better planning, transparency, and execution can bridge the gap between ambition and reality. #Governance #DataCollection #PolicyMaking #Telangana #RevanthReddy #KTR #Congress #BRS #BJP

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Inspiring Perspectives: Reflections on #AWSSummitBengaluru2024 Summits and conferences serve as catalysts for groundbreaking ideas. The AWS Summit Bengaluru 2024 epitomized vibrancy and dynamism, brimming with many innovative concepts spanning retail, manufacturing, government, finance, and more. Amidst this vibrant atmosphere, the emergence of Generative AI marked a pivotal turning point, poised to revolutionize businesses across industries. The essence of success lies in embracing challenges as opportunities, igniting a transformative journey toward excellence. Innomantra I The Conference Board I The Conference Board of Asia I Institution of Engineering and Technology (IET) I Indian Society for Quality I nasscom member connect I BCIC Karnataka I CII Technology

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In this week's issue of ‘Accenture Business Journal for India - Industry Insights' newsletter: 📜 Union Bank of India's collaboration with Accenture to enable data-driven reinvention. 📜 How can banks reinvent in the age of Gen AI? 📜 Top 10 banking trends of 2024 🏦 and more... #Reinvention #Banking #GenAI https://accntu.re/3Uoedbe

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In this week's issue of ‘Accenture Business Journal for India - Industry Insights' newsletter: 📜 Union Bank of India's collaboration with Accenture to enable data-driven reinvention. 📜 How can banks reinvent in the age of Gen AI? 📜 Top 10 banking trends of 2024 🏦 and more... #Reinvention #Banking #GenAI https://accntu.re/3Uoedbe

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At the inaugural Hyderabad Executive Alumni Meet of IIM Kozhikode, I had the privilege of engaging with Prof. Debashis Chatterjee, who shared many valuable insights for leaders -below i share my three key take aways : 1. Economy of Attention: Prof. Chatterjee emphasized that in today’s distraction-filled world, focusing on "one rabbit at a time" is crucial for success. Attention, he noted, is our most valuable currency, and managing it well allows leaders to make better decisions and drive impactful outcomes. 2. Ecology of Competence: He highlighted the importance of creating environments that foster competence, stressing that it’s not just an individual trait but one shaped by a supportive ecosystem. Collaboration, networking, and talent nurturing are essential to maintaining and enhancing competence. 3. Excellence as a Way of Life: Prof. Chatterjee concluded with the idea that excellence is a continuous journey rather than a destination. Adopting a mindset of relentless self-improvement and quality is what sets true leaders apart. The meet was also a wonderful opportunity to reconnect with alumni from various industries, strengthen ties with my alma mater. I also got my hands on “Leadership Chronicles” by Prof. Chatterjee, which I am excited to explore.

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How Tata Consultancy Services succeeds in places where the present constrains the future Tata Consultancy Services has built a formidable presence in the global securities services industry over the 35 years that have elapsed since it signed a contract to build a computer system for the Swiss central securities depository (CSD) back in 1989. Today, TCS owns a dominant share of the CSD technology market, and its TCS Bancs system is widely used by the custodian banks that are the gatekeepers to the CSDs as well. But the company has now moved far beyond the sale of software licences to provide both IT and full operational outsourcing services. Diligenta, its life and pensions outsourcing service in the United Kingdom, now looks after two in five British holders of pension plans and life assurance policies. A business which provides software products, Cloud-based technology and data hosting and processing and end-to-end operational support is not well-described as either a software vendor or a technology consultant, and certainly not as a data vendor, but its combination of businesses does look well-designed to exploit the age of blockchain. Blockchain, after all, is an Internet computing technology that can in theory digitise anything and everything into an executable data object. Accordingly, it can provide a solid foundation for financial markets as well as payments, supply chains, corporate networks, social networks, digital identities, artificial intelligence (AI) and the virtual realities of the Metaverse. Which is why TCS has also developed blockchain capabilities that enable companies to issue, trade, safekeep and service tokenised assets, and move those assets on and off and between blockchain networks. Future of Finance (FOF) Co-founder Dominic Hobson asked Vivekanand Ramgopal, President, BFSI Products & Platforms, how TCS helps its clients maintain the balance between the need to service existing business, the urge to innovate and the fear of transformation. Watch, Listen and Read the interview here:

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IT major Accenture has acquired Bengaluru-based chip design startup Excelmax Technologies for an undisclosed amount. In a statement, Accenture said that the acquisition will enable it to further enhance its semiconductor design and engineering capabilities. The transaction will also allow the company to accelerate the adoption of edge computing solutions among its clients. The deal will also see Excelmax’s nearly 450 employees spanning areas such as emulation, automotive, physical design, analog, logic design and verification join Accenture. On the other hand, the deal is expected to enable Excelmax to leverage the IT services giant’s customer base to fuel its growth amid rapid adoption of GenAI by IT services companies. It was not clear whether the current top leadership will continue to be at the helm of affairs of Excelamax post the transaction. “Our acquisition of Excelmax enhances our expertise across every aspect of silicon design and development—from concept to production—so we can help our clients fuel innovation and drive growth”, said group CEO of technology at Accenture, Karthik Narain. Commenting on the acquisition, Excelmax cofounder and CEO Shekhar Patil said, “Our focus has always been on developing the best talent to deliver tailor-made solutions …

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10 trends will change banking in 2024: 1. The rise of gen AI 2. Capturing the digital dividend 3. All the risk we cannot see 4. A whole new way of working 5. The power of pricing 6. Time to think cloud first 7. Regulation recalibrated 8. From technology to engineering 9. The key to the core 10. Beyond Six Sigma Accenture to substantiate these trends for Union Bank of India. 📜 Union Bank of India's collaboration with Accenture to enable data-driven reinvention. 📜 How can banks reinvent in the age of Gen AI? 📜 Top 10 banking trends of 2024 🏦 and more... #Reinvention #Banking #GenAI #business

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As financial institutions worldwide are facing a pivotal point, there is a growing need in financial institutions to streamline, integrate and scale digital solutions. Emerging technologies have shifted from being a long-term goal to an urgent and strategic priority to remain competitive. As a visionary in the field, Arun Jain, our Chairman and Managing Director, addressed a plenary session on “Simplify Banking using Composable eMACH.ai”, highlighting how it can enhance the overall banking experience for their clients in a rapidly evolving financial landscape where customers expectations are continuously rising. #Intellect #FirstPrinciplesThinking #eMACHai #ComposableBanking #ContextualBanking #SimplifyingBanking #InnovationInBanking #BIANBankingSummit #designthinking #OpenFinancePlatform #Fintech #EnterpriseGradeTechnology #BankTechwave5

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Mastercard Opens New Tech Hub In Pune Read More- https://lnkd.in/gshzvucn #MastercardTechHub #PuneInnovation #DigitalTransformation #ViksitBharat #TechForGood #FinancialInclusion #SecurePayments #GlobalTech #PuneTechEcosystem #EmpoweringIndia

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𝗞𝗼𝘀 𝗸𝗼𝘀 𝗽𝗲 𝗽𝗮𝗻𝗶 𝗯𝗮𝗱𝗹𝗲, 𝗰𝗵𝗮𝗮𝗿 𝗸𝗼𝘀 𝗽𝗲 𝗯𝗮𝗮𝗻𝗶 (taste of water changes every 2 miles, language/dialect changes every 4 miles) - A testament to our country's immense diversity. In such a varied landscape, how can financial products that often require assistance and guidance for the “𝗜𝗻𝗱𝗶𝗮” customer be effectively tailored to meet the needs of a “𝗕𝗵𝗮𝗿𝗮𝘁” customer? #AI will help creating solutions and provide lot of data to be reused as input to train models. The discussion was highly insightful, with numerous relevant and thought-provoking questions raised by the audience. A key recommendation for teams is to conduct field visits to understand the real pain points of customers. Often, customers themselves provide valuable insights that can be refined and aligned to develop effective solutions. Despite Mohit's best efforts to uncover any differences of opinion between Vivekanand and me, there were none. 😊 Would love to have your reactions and comments, here is the link to recording https://lnkd.in/gt6_U33P #financialinclusion #DigitalPublicInfrastrcutre AIM #ArtificialIntelligence https://lnkd.in/g-UNM7KR Here is the website asked by audience on data points of 100 smart cities of India. Browse over 3000+ data catalogues.

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To ensure technology-oriented growth and resilience, Non-Banking Financial Companies (NBFCs) need to adopt strategic partnerships and robust regulatory compliance measures. Mr Rajdeep Saha, Partner – Financial Services, PwC India , shares his insights on these aspects with ET BFSI. Read the full article here: https://bit.ly/3XPDtKK   #PwCIndiaSquad #TogetherWeFuture #TogetherWeGrow #NBFC #ET #ETBFSI

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