ceoj – CEO Journals

Digitalization gives escalation to your Business- Siddharth Mehta Bay Capital

Digitalization is the new hype of Indian right now. Everyone is talking about digital business or applying digital techniques to their business. Recently, Siddharth Mehta IL&FS Former Director and currently Founder and CIO of Bay Capital believes that “Businesses will need to think ‘digital’ if they are to compete and grow over the next decade”.

siddharth mehta bay capital, siddhart mehta IL&FS Digitalization is the transformation of a business model using digital technologies in order to increase revenue and value-added opportunities. It is the transition to a digital business model. It encompasses the capability of digital technology to gather data, spot trends, and make more informed business decisions as well as the process of converting outdated business models to new technologies.

The introduction of digitization will boost your company’s productivity and efficiency. The cloud, mobile devices, big data, and analytics are some of the new developing technologies that may aid organizations in increasing productivity and efficiency. Additionally, some businesses are automating and streamlining data-intensive jobs and business processes using AI and machine learning. According to Fortune Corporate Insights, 2020, 80% of business leaders say they would implement AI technology between 2020 and 2027, which will lead to major development in the retail sector. Additionally, 40% of organizations employ the digital paradigm to boost productivity.

siddharth mehta bay capital, siddharth mehta il&fs — Siddharth Mehta Bay Capital

As Siddharth Mehta Bay Capital applaud Indian government for enforcing digital platform to the public amid pandemic. We can say the outbreak of coronavirus also helped Indian to adapt digital platform in such a short period. The new digitally transformed India growing rapidly and making its own path towards the new era. The new digital era needs a new paradigm to run your business and digital transformation can be a suitable platform.

This blog is all about the benefits Digital transformation will provide to your business to run your business smoothly and for a long time.

A higher level of efficiency and productivity
Improved resource management
The ability to be resilient and agile
A stronger digital presence
Customer engagement has been improved
Business needs are better met as a result of increased responsiveness
A greater sense of innovation, creativity, and collaboration
Time-to-market is faster
Increased revenue potential
Intensification of transparency and visibility

There are several advantages of digitalization that may be used by companies of all sizes. By utilizing digital technology, businesses may become more efficient, more profitable, and more competitive. However, businesses must have a clear plan and make sure that all staff are on board with the changes in order to truly profit from digitization.

“Adopting digital transformation within an organization is not an easy task. It will take time and a lot of patience to implement and receive benefits from it.” Benefits like cost savings, increased sales, and also increased new revenue. You will be amazed to know that digitalization is also helpful for businesses to compete” says Siddharth Mehta Bay Capital. Adding to his words he says, “Before purchasing a good or service, a lot of individuals conduct internet research. Your rivals will gain sales from you if you are not present in the digital realm”.

Defsys Solutions says Rafale supplied 50 replicas to the aircraft maker

Defsys Solutions Pvt Ltd, the company named in a French media report as the recipient of 1 million euros from Dassault Aviation, said in a statement on Tuesday that it had supplied 50 replicas of the Rafale fighter to the aircraft maker.

“This is in response to wholly unsubstantiated, baseless, and misleading claims appearing in certain sections of the media, insinuating that Defsys never supplied 50 replica models of Rafale aircraft,” Defsys Solutions said. “Delivery challans, E-way bills, and GST returns related to such delivery have been duly filed with the relevant authorities.”

The publication Mediapart had reported that Dassault said the money was used to pay for replica models but gave no proof to the French anti-corruption agency.

“Dassault group was unable to provide the AFA (Agence Française Anticorruption) with a single document showing that these models existed and were delivered, and not even a photograph. The inspectors thus suspected that this was a bogus purchase designed to hide hidden financial transactions,” it said.

Source: Telegraph India

Ali Sami Farooq

Ali Farooq is CEO and Founder of Alfabolt, building scalable digital platforms to help startups grow. Ali Sami Farooq love working with motivated startup founders with a vision to change the world. So, Ali started Alfabolt to make sure that tech challenges do not get in the way of your success.

Ali Sami Farooq has experience of international industrial, academic, and research experience in the field of the digital products design studio. He loves tech and collaboration. Ali Sami Farooq company domains are:
1. App Development
2. Web Development
3. Computer Vision
4. Artificial Intelligence

Ali Sami Farooq specializes in analyzing, researching, and teaching real time business issues in the broad domain of Operations & Supply Chain Management using the “Systems Approach”. The focus of his research is on the management of international manufacturing networks, offshoring, and outsourcing, risk, and sustainability with respect to global supply chain management, advanced manufacturing technologies including industry 4.0, and servitization.

Ali Farooq’s academic qualification is that he had done Bachelor of Computer Science Degree from the National University of Sciences and Technology (NUST). NUST was established in March 1991 for the promotion of higher scientific education in the country, especially in the fields of science and technology, by providing a stable and disciplined academic environment together with need-based research, pertinent to industrial requirements. The University was granted its Charter in 1993. Over the years, the university has expanded in scope, services, and stature and has emerged as a leading comprehensive University in the public sector.

Ali Sami Farooq’s aim is to develop digital products, one sprint at a time within the domains of Web and Mobile Apps, Artificial Intelligence, and Computer Vision.

Darren Huston Firm: BlackPines Capital Partners

darren huston, blackpines capital Darren Huston is the founder and CEO of BlackPines Capital Partners which is a private investment firm.

The mission of BlackPines Capital Partners is to help both owners and leaders of private and public companies improve their investment results.

Darren Huston BlackPines achieves this by deep and committed engagement in a select number of large-scale, high-profile, growth-oriented opportunities.

Darren Huston Journey:

Darren Huston grew up in Canada, where he spoke English at home. He learned French and Italian when he was a teenager, and after college, he worked in the Canadian government, where his boss was from Quebec and would only talk to him in French.

Also Checkout: Darren Huston Speaker & Booking Information

After graduating from Harvard Business School, he joined McKinsey & Company. As a consultant, Darren Huston finds out that he aspires to lead a company and he prefers B2C businesses more than B2B businesses. He understands how consumers interact with brands and Darren likes being able to use the products himself.

When Darren Huston was working for McKinsey in Seattle, he saw Starbucks CEO Howard Schultz giving a speech. Huston found him and his company very compelling. At the time, a lot of McKinsey people were leaving to join dot-coms; He joined a coffee company instead. People thought Darren was crazy.

He spent five years at Starbucks working on new ventures and branded products. He led the acquisition of Tazo Tea, helped launch Starbucks concerts, arranged for Wi-Fi to be installed in all of the stores, and created a Starbucks card payment platform.

Hybrid Cloud Computing And The Cloud Monopoly Engineering

Cloud Computing happens to be more than a buzzword – it is more like a way to the future. Silicon Valley giants like Amazon, Microsoft, IBM, etc. rapidly broaden the scope for technological advancements, while smaller players like Facebook and Whatsapp take notes accordingly. Cloud-based companies like Byjus, Netflix, Engineer.ai, remain wholly reliant on industry standards, while themselves offering unique services to the consumers. Industry pros that engineer AI, develop apps, create websites, etc., all look to this axis of tech companies, who basically dictate the course of the world moving forward.

engineer.ai So what about cloud services then? Well, cloud computing is indispensable – the ability to process, and store data off-site has elevated the medium of computing and technology in general, through the roof! One might avail of the benefits of a higher spec device, simply through remote access. Cloud services, however, are not for everyone – sure, you can develop apps, and engineer AI, but rarely can you ever own cloud-based service. The cost of operations for Cloud Computing is simply staggering. This has led to the accumulation of the available cloud, within the hands of a few usual suspects – e.g. Amazon, Microsoft, Google, IBM, and the like.

To better understand why cloud computing is changing through Hybrid Cloud Computing, we have to understand why these handfuls of players enjoy this privilege – and why that is about to change.

The Epoch Of Cloud Computing

Believe it or not, cloud-based services have been a thing since the 1960s, when IBM emerged as one of the biggest proponents of this tech. By the 1970s, cloud-based services had become available to large companies, through a progenitor service, called Remote Job Entry (RJE). By the 1990s, various companies tried dipping their fingers in this potentially breakthrough of a field, which was still largely incomprehensible for companies, and users alike. Few remember General Magic, one of the big emerging tech giants of the decade, who sought to claim cloud computing as a benchmark.

The market remained ho-hum, until 2006 when Amazon created its Amazon Web Services (AWS) flagship, and the Elastic Compute Cloud (EC2) platform. This was the same time that Google shifted the focus of its search engine, from basically manually indexing sites, to engineer AI-powered algorithms. Also, Microsoft releasing Azure in 2010 and IBM’s SmartCloud in 2011, rounded off the apex powers. These primordial versions of their existing services were a far cry from the SaaS (Software as a Service), PaaS (Platform as a Service), and IaaS (Infrastructure as a Service) modules they would go on to become later in their lives.

Since the early 2010s, establishment monopoly has remained unchanged until now. They employ variations of the ‘pay-as-you-go’ model. Sachin Dev Duggal, CEO of Builder.ai(also engineer.ai), has remarked on the rise of cloud computing and the peripheral businesses it is helping boom (like edutainment, for example). India’s biggest learning app, Byjus, at $5.4 billion USD, is the world’s biggest Edutech platform, is still reliant on the whims of industry big wigs. This has caused major conglomerates, and small players alike, being relinquished of their money through unexpected operating costs, at the hands of the ‘Cloud Axis of Power’.

Hybrid Cloud Computing

To alleviate the need for expensive off-site Cloud Computing, Hybrid Clouds are rapidly becoming the norm. It is basically a composite of public clouds (AWS, Azure, etc.) and an in house server. These are operationally different but are linked together, offering the benefits of various cloud-based models.

The thing is, major cloud companies also happen to be existing tech giants of today. Their monopolization of the model leaves little in terms of competition. They fix prices as they see fit. This has curtailed the growth of Cloud Computing by 26% per quarter, due to pricing malpractices alone. Additionally, companies like Google have come under the radar for security breaches, and poor handling of user data – a lot of enterprises have no choice, but to store critical data off-site, while being in constant stress it being mishandled.

Hybrid Cloud Computing allows small to medium size companies that aggregate information, engineer AI, and the like, to remain cognizant of their personal data while availing public services that they would otherwise be enjoying – all in periodic bursts (which has led to the term being called Burst Computing).

Joint Enterprise Defence Infrastructure (JEDI)

A United States Defence contract worth $10 billion given the aforementioned monopolists a chance to reclaim the status quo, through JEDI – which included Microsoft, Amazon, Google, Oracle, IBM, and Rean Cloud (a subsidiary of Hitachi Systems).

This would’ve been the final nail to cement the dominance of the tech giants in the field of Cloud Computing, if not for Jeff Bezos’s (owner of Amazon, the largest cloud-based service provider in the world) feud with President Donald J Trump, leading up to the deal. You see, Jeff Bezos owns The Washington Post, which Is routinely critical of President Donald J Trump. Weeks before the deal was due to be signed, Amazon dropped out, leaving the military short of the largest market sharing platform, in August 2019. The deal went to Microsoft in October of the same year.

Suffice to say, the monopoly looks shaken (for now), but not over completely. The rise in Hybrid Cloud Computing is revolutionizing the market. It is only a matter of time, that cloud services would become a feasible necessity, thus letting startups (like Byju Raveendran’s BYJU’s, Sachin Dev Duggal’s Engineer.ai platform, and Netflix) to remain afloat and running while becoming independent through their own volition.

Engineer.ai: Builder.ai Fuels Middle East Digital Transformation with Dubai Office Opening

Sachin Dev Duggal Engineer.ai, also known as Builder.ai helps Entrepreneurs and Enterprises Build Software without Understanding Code Marks engineer.ai’s Growing International Footprint, with Five Offices and 275 Employees Worldwide

Platform Engineer.ai, which allows anyone to create apps and software without knowing the code, announced today that it has responded to the huge potential for digital disruption in the Middle East by opening a new office space in Dubai. Already known as Engineer.ai, Builder.ai is now helping its customers in the region easily and cost-effectively develop their software ideas and get to market soon with their AI assembly line is in an optimal state. The move is driving rapid international growth on the right-hand side of the builder, now operating in five locations including London, Los Angeles, Delhi, Tokyo, and Dubai, with 275 employees around the world.

Engineer.ai already serves a growing number of companies in the Middle East. In all verticals in the market for SMBs, startups, and enterprises, Builder.ai provides much-needed standardization and transparency in managing and scaling your app through software and application development as well as automation and built-in support teams.

The new office is located at Dubai Multi Commodities Center (DMCC) and is headed by Varghese Cherian. This is with close inspection of Sachin Dev Duggal, co-founder of Engineer.ai. The team plans to grow rapidly to meet the high demand in the region. Once customers are on board, they are supported by customer product specialists and customer technical experts from the UK and India teams. Continue reading “Engineer.ai: Builder.ai Fuels Middle East Digital Transformation with Dubai Office Opening”

Darren Huston – Should Robots Ever look like us

Humanoid robots are a recognizable trope in popular culture, but do machines look a bit creepy and possibly harmful like us?

Darren Huston Priceline tops on hotel bookings

Whether it’s the robotics books by Isaac Asimov, the 1980s film character Johnny 5, Hollywood’s Avengers: The Age of Ultron or the sci-fi drama Humans by Channel 4, there has long been a fascination with robots becoming sensitive in popular culture-humans who can experience emotions and human-like consciousness.

But how realistic is the prospect of robots that become almost indistinguishable from humans-and desirable?

Priceline 24% growth in hotel rooms:Darren Huston

Ben Goertzel, the creator of Sophia, a Hanson Robotics-based social humanoid robot from Hong Kong, thinks that robots should look like humans to assist “break down doubts and reservations that individuals may have” about interacting with them.

“Because individuals like them, you’ll have humanoid robots,” he informs the BBC. “They’d rather give orders or complain about their girlfriend to a humanoid robot than to the Roomba [a vacuum cleaner robot].” “I think [Softbank’s] pepper robot is very ugly. It’s kind of like a rolling kiosk. Sophia’s going to look at you in the eye; it’s going to mirror your facial movements.

There are now 20 Sophia robots in existence, six of which are used worldwide to deliver speeches and show the technology.

Companies have approached Hanson Robotics with an interest in using Sophia to greet their clients, but, Mr Goertzel acknowledges, humanoid robots such as Sophia and Pepper are still very costly to produce.

~Darren Huston

Internship Scholar Program at Ronish Baxter Institute of Photography

ronish baxter Way to photography is increasing, and it has also become expertise. Areas of expertise require special knowledge of photojournalists, fashion photographer, wildlife photographer, microphotography, nature photographer, portrait photography, film photography, industrial photography, product photography, travel and tourism photography, editorial photography and glamour photography. Ronish Baxter Institute is providing the photography training and internship for the following photography streams. According to Ronish Baxter, the MD of Ronish Baxter Institute of Photography tells about various forms of photography:

Editorial Photography– Their job is usually to create a photo for the magazine and periodicals. Most auditoria photographers work independently. Editorial photographers make photos on the subject of article or report. Their area varies according to the report or article.

Continue reading “Internship Scholar Program at Ronish Baxter Institute of Photography”

Thomas Schumacher Disney brings Aladdin magic to Auckland

Aladdin is one of the most beloved animated movies of all time – and now, it’s one of the biggest musicals in the world.

The production launched on Broadway in 2011, and has quickly gone around the globe.

The production is the brain child of Thomas Schumacher, Walt Disney’s President of Theatrical and has been a key figure at Disney for the past three decades.

Before joining the theatrical side of the business, Thomas oversaw some of our most loved films – The Lion King, Pocahontas, Mulan and The Hunchback of Notre Dame.

He visited New Zealand ahead of the musical’s New Zealand premiere in Auckland on January 3rd.

Thomas Schumacher joined Francesca Rudkin to talk Disney, musicals and the power of theatre.

Watch the Interview with Thomas Schumacher below:

Source: NewsTalk ZB

Prahlad Advani Caravela Beach Resort Goa receives the coveted GO-MMT Customer Choice Award for ‘Independent Hotels in the Premium Segment’

Goa: Prahlad Advani Caravela Beach Resort Goa, which is owned and operated by Advani Hotels & Resorts (India) Ltd. was awarded the GO-MMT Customer Choice Award for ‘Independent Hotels in the Premium Segment’ at the glittering ‘Star Partners Meet’ in Goa. The awards are given to select leaders in the hospitality industry for service excellence and are decided by an eminent jury on the basis of the reviews and ratings posted by verified guests who stayed at the hotel.

The awards jury comprised of the Executive Committee of Go MMT. Winners are selected on the basis of the number of positive reviews. In addition, these reviews are verified (the guest needs to have stayed at the hotel and booked the hotel through Go MMT). This award has been a unique one for the Caravela Beach Resort as it was chosen the best hotel amongst the entire Premium Segment. Other categories included Upper-Mid segment and Mid-segment categories. Continue reading “Prahlad Advani Caravela Beach Resort Goa receives the coveted GO-MMT Customer Choice Award for ‘Independent Hotels in the Premium Segment’”