Agile Network India | Systems of Intelligence | Jibendu
- 2. Agenda “Systems of Intelligence” – What are they? Applications across Industry Verticals “Systems of Intelligence” in the Healthcare Industry History of Technology Disruption “Systems of Intelligence” in the Retail Industry The Indian Context
- 3. History of Technology Disruption GDP IMPACT TIME LOOM AND TEXTILES STEAM AND RAIL OIL AND MASS PRODUCTION COMPUTING AND DIGITAL WE ARE HERE Technology Disruption is not new Each Industrial Revolution has been created due to one or more technology disruptors and when fully adopted yielded massive GDP growth and overall value A New machine called “Systems of Intelligence” that combines software, hardware, data and human input in a way that significantly changes existing business models, reduces cost and creates value heralding disruptive changes 1750 1800 1900 1980
- 4. Software Hardware Human Input Data AI Everywhere Immersive Experience Digital Platforms “Systems of Intelligence” – What are they? KEY ELEMENTS OF SYSTEMS OF INTELLIGENCE Software Hardware Human Input Data GDP IMPACT TIME COMPUTING AND DIGITAL 1977 Mobile phone was invented 1990 Internet was invented 1995 ecommerce was introduced by ebay 1997 Google Search Engine was launched 2001 1st version of iPOD was released 2008 Apple app store opens 2008 Bitcoin is conceptualized 2011 Twitter goes mainstream 2014 Amazon Echo brings iOT home 1999 WiFi technology was used 2012 Google glass influences wearables technology 2016 ICCI bank executes India’s 1st Banking transaction on Blockchain 2020 First publicly unveiled working prototype of an AR contact lens by Mojo Vision 2017 DFC Bank deploys a robot for customer service purpose Distributed Ledger Tech.- Sensors Networking Moore’s Law Interconnectivity Machine Learning Deep Learning AI Robots Edge Computing Storage Network Platform Non-structured data Metcalf’s Law Ubiquitous (tactical -> tactical/visual/aural) Data Science Paper documents Free/open source sw Containers Open API Virtual Reality Optical Projection Sys 3D Modeling Video Gaming Blockchain Cloud-Edge Computing Big Data Cognitive Computing Internet of Things Microservices- OpenAPI AR
- 5. Applications across Industry Verticals Blockchain Trade Finance Land Registration Patient Record Management Cloud-Edge Computing File Storage Email Dev & Testing Internet of Things Connected Health Self Driven Cars Supply Chain Management Big Data Customer Understanding OpenBanking Project Microservices & API Cognitive Computing Virtual Assistants BOTS in Banks AR Surgical Procedures Flight Simulation
- 6. “Systems of Intelligence” in the Healthcare Industry Wearable health monitor technologies are helping monitoring and treating patients remotely Huge data generated from IOTs need cloud storage IOT devices are plug and play enabled through open API Edge Computing allows devices to call emergency healthcare Big Data is equipped to manage the volume, velocity and variety of huge amount sensor data Historical patient records stored on Blockchain can be leveraged to check patient history Cognitive computing enables research to uncover new insights and provide personalized healthcare Gartner predicts there will be more than 30B connected devices in IOT by 2025 AR can help physicians perform surgery remotely
- 7. “Systems of Intelligence” in the Retail Industry Smart devices can make purchase requests and provide feedback in social media based on user authorization Smart devices integrate seamlessly because of open API concept Data stored on cloud Big Data is equipped to manage the volume, velocity and variety of huge amount sensor data Cognitive Computing and Analytics will help in optimal inventory management and customized advertisement campaigns for end users RFID sensors attached to shipments can help in tracking Blockchain can enable seller, manufacturer and consumer to trace the product jurney Suppliers Inventory Own Products eCommerce Portal With AR customers can visualize products easily and make purchase decision
- 8. The Indian Context SBI and 26 other banks came together forming a consortium called BankChain to explore and implement a blockchain platform in banking Andhra government to adopt blockchain tech to end land record tampering According to IDC cloud computing will create ~1M new direct/indirect jobs in India by 2022 Cloud service providers setting up their data centers in Indian cities ~1M jobs The IoT market in India is expected to reach 9.28B$ by 2025 (ET) Big data analysis was tried out in General Election 2014/2019 UPI payments have ticked over 3.65 B transactions in volume YES BANK is the first Indian Bank to digitize the B2B supply chain with the launch of 'Application Programming Interface' (API) banking services HDFC Bank has developed an AI-based chatbot, “Eva”, built by Bengaluru-based Senseforth AI Research Blockchain Cloud-Edge Computing Internet of Things Cognitive Computing Microservices & OpenAPI Big Data The Indian Augmented Reality and Virtual Reality Market stood at USD1. 83 billion in FY2020 and is forecast to grow at a CAGR of 38.29% until FY2027 AR