Ms. Neeta Nagar spoke on how innovation is driving the future of IT across the world. Ms Nagar emphasized how CEOs and business leaders around the world see increased competitiveness and need to realign business model going forward. The leaders see many things being commoditized and they realize that all roads lead to innovation. With the advent of Internet and the proliferation of semiconductors, trillions of things will end up connected; not just individuals but cars, roads, homes, appliances, health-care data, and pacemakers.
Ms. Neeta Nagar reflected that innovation is becoming the strategy in an era where cost cutting and consolidation had previously dominated for increasing returns. It is much harder, however to innovate than to reduce costs but there seems no choice but to innovate and transform the way business is conducted. Hence one sees a movement to a more grassroots approach to drive growth, and many major companies are adopting systems and process to facilitate this new growth model. Ms. Neeta gave live examples from the industry to elaborate on her point. The lecture was followed by question and answer session.
Participants of EXPGP, PGP, staffs and faculty members attended this enthralling and informative presentation.