Microsoft Chairman and CEO, Satya Nadella has started his India visit by addressing a gathering of India’s esteemed CEOs at the Microsoft Future Ready Leadership Summit in Mumbai.
Welcoming Satya Nadella, Microsoft India President, Anant Maheshwari tweeted, “No better way to dive right in than an immersive technology showcase that demonstrates how our customers are innovating and building on Microsoft’s tech and driving the India growth story.”
Welcome to India, @satyanadella! No better way to dive right in than an immersive technology showcase that demonstrates how our customers are innovating and building on Microsoft’s tech and driving the India growth story. pic.twitter.com/jEP269HtXX
— Anant Maheshwari (@_MAnant) January 3, 2023
He expressed his conviction that digital technological progress is an essential factor for any organization to succeed and emphasized how Microsoft Cloud can create economic development and boost Indian businesses. Additionally, he highlighted how cloud technology will be paramount to propelling India’s digitization initiatives while illustrating the advances made by Microsoft across its tech stack which aims at bolstering developers, startups, and companies throughout all sectors.
“Our mission is to empower every person and every organization on the planet to achieve more, and ultimately, we have to measure our success by achieving that mission,” said Satya Nadella, Chairman and CEO, Microsoft. “In simple terms, I say, we should do well only when the world around us is doing well. One of the most fantastic things even in this trip into India that I’m learning about, is not just what’s happening in the top cities of the country, but what’s happening across all the cities in the country and how digital is playing a role.”
Artificial intelligence (AI) will reshape how work is done in the future as the technology will be able to replace some of the tasks typically performed by humans and change how everyday decisions are made. AI techniques can enable IT leaders and data analysts to solve an array of business problems and generate a considerable return on investment (ROI).
Talking about AI, Nadella commented, “Let’s think about how it can augment every one of us in whatever it is that we are doing. Every knowledge worker is going to be more creative, more expressive, more productive. Every frontline worker will be able to do more knowledge work than they ever did. Every design task, whether it’s software engineering, mechanical design, architecture, is going to be that much more productive going forward. So, it’s ultimately, in my opinion, going to accelerate human creativity, human ingenuity and human productivity across a range of tasks.”
Organizations of all sizes across India are transforming with the power of Microsoft
In his address to CEOs, Nadella also highlighted how big and small organizations across India are leveraging Microsoft’s tech stack and solutions for transformation.
- State Bank of India (SBI) – SBI harnesses the power of Power Apps to become a leader in innovation and impactful change. With this initiative, they seek solutions for issues ranging from capturing marketing leads with efficiency to guaranteeing ATMs are readily accessible for people living with disabilities.
- Ministry of Electronics and IT – The Government of India’s Ministry of Electronics and IT leverages Azure AI to remove language barriers through its Bhashini initiative, which makes different Indian languages accessible via translation.
- Larsen & Toubro (L&T) – L&T is using Azure IoT and AI to build a connected equipment platform for gaining real-time visibility across project sites.
- Senco Gold & Diamonds – Senco deploys Microsoft Dynamics 365 to store customer data from all contact points and securely manage both Enterprise Resource Planning and Customer Relationship Management.
- Air India – It uses Microsoft 365 tools and security solutions for enabling world-class productivity, collaboration, and security for Air India employees.
HDFC Bank partners with Microsoft
In a recent development, HDFC Bank, India’s largest private sector bank, has partnered with Microsoft for its digital transformation journey that will unlock business value by modernizing application portfolios and data landscapes on Microsoft Cloud while ensuring enterprise security at every level.
As part of its Future Ready strategy, HDFC Bank plans to foster collaboration between its IPs as well as other external entities such as FinTech firms so they can co-create innovative technological solutions together. Moreover, it intends to make use of Azure services like Federated Data Lake to help scale its information management across various domains through AI-supported analytics technologies.
Built on the Microsoft Azure stack, the solution will help the bank to democratize and monetize its data landscape. Powered by a unified architecture, collaborative engineering environment, and industry-leading security, the solution also includes an ecosystem of AI/ML-based deep learning capabilities.
“Our partnership with Microsoft is a part of our technology transformation agenda by investing in running the bank as well as building the bank of the future. At the heart of this is the ability to offer a neo banking experience to our customers that is second to none. We are doing this by investing in proprietary IP as well through tie-ups like these,” said Ramesh Lakshminarayanan, Group Head – Information Technology, and Chief Information Officer, HDFC Bank.
Featured image credits: Microsoft