nasscom ai

🎉 The 𝐧𝐚𝐬𝐬𝐜𝐨𝐦 𝐀𝐈 𝐂𝐨𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐞 held on July 24, 2024, was an incredible success, with a houseful, vibrant atmosphere! 🎉 With parallel sessions covering various aspects of #artificialintelligence, the event truly celebrated AI excellence in India! The event highlighted India's phenomenal AI advancements and was packed with unparalleled opportunities for knowledge-sharing and networking, including: 🔹 Keynotes from industry leaders 🔹 Showcase of our GenAI Foundry startups 🔹 Panel discussions on cutting-edge topics 🔹 Lightning talks that sparked innovation 🔹 Masterclasses from AI experts 🔹 Roundtables for in-depth discussions 🎊 And, of course, the grand finale of the 3rd edition of the nasscom AI Gamechangers 2023-24 awards, celebrating the trailblazers in the AI landscape. 🙏 We extend our heartfelt thanks to everyone who joined us on this journey for the #nasscomAIGC2023 awards and #nasscomAIConfluence2024. 📸 To download your photos, click here 👇 https://lnkd.in/g8ibAyfj ✴ Don't forget to tag us while sharing these memories! 📃 We would love to hear from you. Do share your feedback here: 👇 🔗: https://lnkd.in/g4HnFFsd See you in our next event!

✍ Fundraising is crucial for startups as it provides the necessary capital to fuel innovation, accelerate growth, and gain a competitive edge in the market. ➡ The masterclass on 'Fundraising' by Venkat Raju of YourNest Venture Capital and Mayuresh Raut of seafund at #nasscomAIConfluence2024 shed light on effective fundraising strategies, the importance of building investor relationships, and how to present a compelling pitch to secure investment. Some of the key learning from this interesting session are: 🎯 Strategic Fundraising Approaches: Learn the best practices for identifying and approaching potential investors, including how to tailor your pitch to different types of investors. 🎯 Building Strong Investor Relationships: Understand the importance of nurturing long-term relationships with investors and how to communicate effectively to maintain their confidence and support. 🎯 Crafting a Compelling Pitch: Gain insights on how to structure and deliver a persuasive pitch that highlights your startup's unique value proposition, market potential, and growth strategy. 📸 Check out the photo collage capturing the essence of the masterclass. Stay tuned for more exciting updates from nasscom AI Confluence. #nasscomai #nasscomAIGC2023 With nasscom, Sangeeta Gupta, Ankit Bose, Madhav Bissa, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Shivnath Thukral, Sunil Abraham, Prachi Bhatia, Abhishek Jain, Meta, Ritika Jharia, Sujay Bhattacharya, Dhurai Ganesan, NTT DATA India, Cigniti Technologies, Seshasai Parisaboina, Sairam Vedam, Ankur Dasgupta, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, MeitY- nasscom Center of Excellence, E2E Networks Limited

✍ Successful and widespread FM adoption requires enterprises to think holistically across multiple dimensions, including data, training, infrastructure, talent, operations, governance, and maintenance. 🚀 The roundtable discussion on Foundation Model (FM) adoption at #nasscomAIConfluence2024 brought together diverse stakeholders and experts to discuss strategies for accelerating FM adoption in enterprises and to develop actionable insights and principles that will benefit the entire community. Here are the key takeaways: 🎯Opportunities Provided by Foundation Models for Enterprises: FM offers immense potential for enterprises to drive innovation, enhance efficiency, and deliver personalized experiences at scale. 🎯Challenges in Widespread Adoption: Enterprises face significant hurdles in adopting FM broadly, including high costs, complexity, and integration issues. 🎯Training Data: Accessing high-quality training data that reflects enterprise-level complexity is crucial for developing robust and effective models. 🎯 Model Quality Factors: Developing good models requires a deep understanding of data, algorithms, and the specific needs of the enterprise, ensuring they are accurate and reliable. 🎯Responsible Models: Ensuring that models are fair, auditable, and transparent is essential for building trust and complying with regulatory standards. 🎯Talent Shortage: Addressing the talent shortage holistically involves training, upskilling existing employees, and fostering a culture of continuous learning and innovation. 🎯Infrastructure Costs: Finding ways to manage and optimize the high costs of infrastructure is critical for making FM adoption feasible for enterprises. 📸 Here's a snippet of this engaging session. Stay tuned for more insights and updates from #nasscomAIConfluence2024. #nasscomai #AI #TechnologyConference #FoundationModels With Sangeeta Gupta, Ankit Bose, Madhav Bissa, Sameep Mehta, Aruna C., Suparna Bhattacharya, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Shivnath Thukral, Sunil Abraham, Prachi Bhatia, Abhishek Jain, Meta, Ritika Jharia, Sujay Bhattacharya, Dhurai Ganesan, NTT DATA India, Cigniti Technologies, Seshasai Parisaboina, Sairam Vedam, Ankur Dasgupta, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, Sukanya Roy ( She/Her/Hers), E2E Networks Limited, Simrandeep Singh

✍ A go-to-market strategy is a comprehensive plan outlining how a company will launch and promote its product or service to reach target customers effectively and achieve competitive advantage. ➡The masterclass by Prasanna Krishnamoorthy of Upekkha and Anshu Sharma of Skyflow at #nasscomAIConfluence2024 shed light on practical approaches for identifying target markets, creating value propositions, and leveraging partnerships to maximize market penetration and growth. Some of the key learning from this session are: 🎯Target Market Identification: Understanding and defining specific target customer segments is crucial for crafting tailored marketing and sales strategies that resonate with the audience. 🎯Value Proposition Creation: Developing compelling value propositions that clearly articulate the unique benefits and solutions offered by the product or service helps differentiate it from competitors and attract potential customers. 🎯Leveraging Partnerships: Building strategic partnerships can enhance market reach, provide additional resources, and create synergies that contribute to faster and more effective market penetration and business growth. 🎯Scaling to $10M ARR: This involves strategic growth initiatives to increase revenue through customer acquisition, retention, and expansion while optimizing operational efficiencies. 📸 Embark on a visual journey with our photo collage, encapsulating the essence of this insightful discussion. Stay tuned for more updates from #nasscomAIConfluence2024, where technological innovation meets the future of the industry. #nasscomai #nasscomAIGC2023 #AIStartups #GenAI #TechnologyConference With Sangeeta Gupta, Ankit Bose, Madhav Bissa, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Shivnath Thukral, Sunil Abraham, Prachi Bhatia, Abhishek Jain, Meta, Ritika Jharia, Sujay Bhattacharya, Dhurai Ganesan, NTT DATA India, Cigniti Technologies, Seshasai Parisaboina, Sairam Vedam, Ankur Dasgupta, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, Sukanya Roy ( She/Her/Hers), E2E Networks Limited, Kriti Lachhiramka, NSRCEL

✍ Patient capital strategies are crucial for AI/GenAI startups because they provide the long-term funding and support needed to navigate the extended development cycles, high research and development costs, and market uncertainties inherent in advanced technology ventures. ➡ The invite-only #roundtable session on 'Patient Capital Strategies for AI/GenAI Startups' highlighted the importance of aligning with investors who understand the unique challenges of AI development, fostering sustained innovation without the pressure of immediate returns, and ensuring that startups can achieve their full potential through strategic, long-term growth. The discussion revolved around the following topics: 🎯 Long-Term Value Creation: Balancing the pursuit of immediate returns with the potential for transformative breakthroughs in AI technologies is imperative. 🎯 Metrics and Milestones: Defining success in AI/GenAI investments through innovative metrics that go beyond traditional growth and revenue measurements is the need of the hour. 🎯 Risk Management in Rapidly Evolving Markets: Implementing strategies to mitigate uncertainties while fostering innovation in AI and GenAI startups becomes vital. 🎯 Collaborative Funding Models: Exploring partnerships between venture capitalists, corporations, and public sector entities to ensure sustained support for AI development paves the right path. 🎯 Investor Alignment: Emphasizing the necessity of partnering with investors who comprehend the unique challenges of AI development, ensuring support for long-term innovation without the pressure of quick returns is helpful. 🎯 Sustained Innovation: Highlighting the importance of fostering an environment where startups can focus on sustained innovation, leveraging patient capital to navigate extended development cycles and high R&D costs is crucial. 🎯 Strategic Long-Term Growth: Stressing the need for strategic, long-term growth plans that allow AI/GenAI startups to reach their full potential, ensuring they are well-equipped to handle market uncertainties and capitalize on emerging opportunities is the way to go. 📸 Check out the photo collage capturing the essence of roundtable. Stay tuned for more exciting updates from nasscom AI Confluence. #nasscomai #nasscomAIGC2023 #AIStartups With Sangeeta Gupta, Rama Devi Lanka, Ankit Bose, Madhav Bissa, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Shivnath Thukral, Sunil Abraham, Prachi Bhatia, Abhishek Jain, Meta, Ritika Jharia, Sujay Bhattacharya, Dhurai Ganesan, NTT DATA India, Cigniti Technologies, Seshasai Parisaboina, Sairam Vedam, Ankur Dasgupta, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, Sukanya Roy ( She/Her/Hers), E2E Networks Limited, Simrandeep Singh

✍ AI is transforming media from creation to consumption. AI helps generate content by analyzing data for audience preferences, tailoring recommendations, and even writing scripts. Production efficiency is boosted by automating tasks like video editing and captioning. For smarter distribution, AI personalizes user experiences with targeted marketing and content suggestions. This AI-powered media landscape delivers a more engaging and relevant experience for audiences. 💡 The last series of our lightning talks at #nasscomAIConfluence2024 brought together two inspiring speakers, Shirsha Ray Chaudhuri of Thomson Reuters and Shaurya Rao Nigam of Justbaat.AI, to discuss "From Content Creation to Intelligent Distribution: AI in Media." The session's highlights included: ⚡ Data-Driven Content Creation: AI enhances content creation by analyzing audience data to tailor content to preferences, generating scripts, and creating more engaging and relevant media experiences. ⚡ Automated Production Efficiency: AI automates routine production tasks such as video editing and captioning, significantly increasing efficiency and allowing creators to focus on higher-level creative processes. ⚡ Personalized User Experience: AI algorithms personalize content distribution through targeted marketing and custom recommendations, improving user engagement by delivering content that aligns with individual preferences. ⚡ Enhanced Content Distribution: AI optimizes content distribution strategies by analyzing viewing patterns and audience behavior, ensuring that media reaches the right audience with increased accuracy and effectiveness. 📸 Here's a snippet from this exciting session. Stay tuned to learn more about what's happening at the event. #nasscomai #nasscomAIGC2023 #AIinMedia #ContentCreation #TechnologyConference With Sangeeta Gupta, Ankit Bose, Madhav Bissa, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Shivnath Thukral, Sunil Abraham, Prachi Bhatia, Abhishek Jain, Meta, Ritika Jharia, Sujay Bhattacharya, Dhurai Ganesan, NTT DATA India, Cigniti Technologies, Seshasai Parisaboina, Sairam Vedam, Ankur Dasgupta, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, Sukanya Roy ( She/Her/Hers), E2E Networks Limited, Simrandeep Singh, E2E Networks Limited

✍ #Manufacturing is shifting from assembly lines to AI-powered operations. Smart machines guided by AI analyze data to optimize production, predict maintenance needs, and ensure quality control. This leads to increased efficiency, reduced waste, and improved product quality. While AI won't replace human workers, it will allow them to focus on higher-level tasks, ushering in a new era of intelligent manufacturing. ➡ The first series of our lightning talks at #nasscomAIConfluence2024 brought together two inspiring speakers, Dr. G. V. V. Ravi Kumar of Infosys and Debarshi Banerjee of CamCom, to discuss "From Assembly Line to AI-Driven Operations: The Future of Manufacturing." The session's highlights included: ⚡ AI-Powered Optimization: AI technologies enable smart machines to analyze production data in real-time, optimizing manufacturing processes for efficiency and precision, thereby reducing operational costs and enhancing productivity. ⚡Predictive Maintenance: AI-driven systems predict maintenance needs before they become critical issues, minimizing downtime and extending the lifespan of equipment, which leads to smoother and more reliable manufacturing operations. ⚡Enhanced Quality Control: Through advanced data analysis and machine learning, AI ensures higher standards of quality control by identifying defects and anomalies early in the production process, resulting in better product consistency and fewer returns. ⚡Human-AI Collaboration: While AI automates routine tasks and handles complex data analysis, it empowers human workers to focus on strategic decision-making and innovative tasks, fostering a collaborative environment that enhances overall manufacturing capabilities. 📸 Here's a snippet from this exciting session. Stay tuned to learn more about what's happening at the event. With Sangeeta Gupta, Ankit Bose, Madhav Bissa, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Shivnath Thukral, Sunil Abraham, Prachi Bhatia, Abhishek Jain, Meta, Ritika Jharia, Sujay Bhattacharya, Dhurai Ganesan, NTT DATA India, Cigniti Technologies, Seshasai Parisaboina, Sairam Vedam, Ankur Dasgupta, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, Sukanya Roy ( She/Her/Hers), E2E Networks Limited, Simrandeep Singh, E2E Networks Limited

✍ GenAI promises to revolutionize how we access information and services by providing more intuitive, efficient, and personalized interactions, streamlining knowledge processes, and significantly enhancing the overall customer experience, thereby transforming the landscape of various industries. 🚀 We explored the pivotal topic titled 'GenAI: Enhancing Services, Knowledge Processes and Customer Experience' in the panel discussion moderated by Nithya Subramanian of Kellanova. Our distinguished panelists, Mukesh Chaudhary of Accenture, S. Anjani Kumar of Deloitte, Rajat Mathur of Boston Consulting Group (BCG), and Abhinav Johri of EY, discussed the transformative potential of GenAI in revolutionizing service delivery, streamlining knowledge processes, and elevating customer experience to new heights. They shared insights on practical implementation strategies, the impact of GenAI on various industries, and the future for enterprises leveraging this technology. The key takeaways from the session are: 🎯 Empowering Users: GenAI tools have the potential to transform user experiences by offering personalized interactions, automating repetitive tasks, and providing real-time access to relevant knowledge, thus enhancing overall user satisfaction and engagement. 🎯 Boosting Service Efficiency: Businesses can utilize GenAI to achieve faster response times, deliver superior customer service, and optimize internal workflows, resulting in increased operational efficiency and customer loyalty. 🎯 Democratizing Knowledge: GenAI has the capability to bridge information gaps by summarizing complex topics, offering tailored learning experiences, and making advanced knowledge accessible to a broader audience, thereby democratizing information dissemination. 🎯 Ethical Considerations: While the benefits of GenAI are significant, ethical concerns such as bias in AI models and data privacy need to be meticulously addressed to ensure the responsible deployment of GenAI technologies. 🎯 Harnessing GenAI Responsibly: By adopting GenAI responsibly, enterprises can unlock a future where services are enhanced, knowledge exploration is empowered, and innovation is driven forward in a sustainable and ethical manner. 📸 Here's the photo collage capturing the essence of the discussion. Stay tuned for more exciting updates from #nasscomAIConfluence. #nasscomai #AI #TechnologyConference With Sangeeta Gupta, Ankit Bose, Madhav Bissa, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Shivnath Thukral, Sunil Abraham, Prachi Bhatia, Abhishek Jain, Meta, Ritika Jharia, Sujay Bhattacharya, Dhurai Ganesan, NTT DATA India, Cigniti Technologies, Seshasai Parisaboina, Sairam Vedam, Ankur Dasgupta, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, Sukanya Roy ( She/Her/Hers), E2E Networks Limited, Simrandeep Singh

✍ #ResponsibleAI underscores the critical need for robust risk management and ethical practices as enterprises navigate the complex landscape of advanced AI model deployment amidst growing regulatory scrutiny and potential legal challenges. 🚀 We explored the pivotal topic titled 'Responsible AI: A High-Stakes Issue for the Enterprise' in the panel discussion moderated by Nehaa Chaudhari of Ikigai Law. Our distinguished panelists, Sunil Abraham of Meta, Tanusree De of EY, Tirthankar Choudhuri of American Express, and Syed Quiser Ahmed of Infosys, examined the current state of enterprise adoption of responsible AI practices and strategies to mitigate regulatory, reputational, and financial risks associated with advanced AI model deployment. The key takeaways from the session are: 🎯 Current Risks and Challenges: AI enterprises are recognizing risks such as disinformation, intellectual property (IP) infringement, privacy violations, and cybersecurity vulnerabilities amidst heightened regulatory scrutiny and ongoing lawsuits. 🎯 Efforts and Measures: Despite efforts to enhance AI transparency, commit to safety practices, and advocate for responsible AI development, substantial work remains to ensure the safe and responsible adoption of AI at scale. 🎯 Strategies and Solutions: Industry leaders discussed strategies to address regulatory, reputational, and financial risks associated with the large-scale deployment of advanced AI models, emphasizing the need for robust responsible AI practices. 📸 Here's the photo collage capturing the essence of the discussion. Stay tuned for more exciting updates from #nasscomAIConfluence. #nasscomai #AI #TechnologyConference #Enterprises #AIEthics #AIGovernance With Sangeeta Gupta, Ankit Bose, Madhav Bissa, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Shivnath Thukral, Sunil Abraham, Prachi Bhatia, Abhishek Jain, Meta, Ritika Jharia, Sujay Bhattacharya, Dhurai Ganesan, NTT DATA India, Cigniti Technologies, Seshasai Parisaboina, Sairam Vedam, Ankur Dasgupta, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, Sukanya Roy ( She/Her/Hers), E2E Networks Limited, Simrandeep Singh

✍ nasscom, in association with Dell Technologies and Intel Corporation®, hosted an insightful masterclass on "Optimizing Cost of Compute for AI Startups" at #nasscomAIConfluence2024. This session was curated to help AI startups and tech SMEs maximize their compute resources while minimizing costs, and it proved to be a tremendous success! ➡The masterclass provided invaluable insights and practical strategies to AI startup founders, CTOs, tech SME leaders, data scientists, engineers, and anyone involved in managing or optimizing compute resources for AI projects. Our industry experts shared their knowledge on cost optimization, ensuring that participants walked away with actionable strategies to implement in their own organizations. Some of the key takeaways of the session are: 🎯Assessing Compute Demands: Participants learned how to evaluate compute needs based on various problem domains, ensuring that resources are allocated efficiently. 🎯Architectural Considerations: The session covered architectural considerations and latency requirements crucial for AI model training and deployment. 🎯Cost Analysis: An in-depth analysis of CPU vs GPU costs for model training was provided, helping attendees make informed decisions on their infrastructure investments. 🎯Inference Cost Evaluation: Techniques to evaluate and optimize inference costs were discussed, allowing startups to manage operational expenses better. 🎯Cost Optimization Techniques: Experts shared various cost optimization techniques, empowering startups to reduce their cloud bills and make the most of their compute resources. 💡 Further, the event was a fantastic opportunity to connect, learn, and grow with fellow innovators in the AI and tech communities. We are thrilled with the positive feedback from the participants and the productive discussions that took place during the event. This masterclass was an excellent platform for AI startups and tech SMEs to equip themselves with the knowledge and tools needed to thrive in a competitive market. 📸 Check out the photo collage capturing the essence of the masterclass. Stay tuned for more exciting updates from nasscom AI Confluence. #nasscomAI #AIStartups #TechSMEs #CostOptimization #AI #TechnologyConference #Innovation With nasscom, Sangeeta Gupta, Ankit Bose, Madhav Bissa, Sudeep Kumar Das, Aditya Yeluru, Praveen Mokkapati, Saikat Saha, PhD, Mekala V Reddy, Raj Shekhar, Megha Talwar, Amrita Pahi, Ramakanth K., Chida Chidambar MP, nasscom deeptech, nasscom insights, nasscom startups, nasscom member connect, nasscom SME Connect, MeitY- nasscom Center of Excellence, E2E Networks Limited