New Delhi (NVI): Digital technology is being adopted at scale for core resilience, not only for future transformation but for business continuity, despite the constraint caused by the pandemic, Microsoft Chief Executive Officer, Satya Nadella said today.
In a fireside chat with Sangita Reddy, President, FICCI, at 93rd FICCI Annual General Meeting (AGM) Nadella said, “The ability to use the digital tools and our built-in infrastructure and capability around the digital track is going to create resilience and transformation.”
Speaking further on the future the Microsoft CEO said that the broad paradigms are re-shaping the expectations especially the exponential changes and the exponential change is technology, the Federation of Indian Chambers of Commerce and Industry (FICCI) statement read.
“The innovation in India around digital infrastructure in every field, from financial services, healthcare to retail is tremendous due to the ubiquity of computing fabric that is available through every Indian business and every Indian citizen,” he said.
In addition to this, Nadella explained, “Computation and computing fabric is now embedded in the real world and the layer of Artificial Intelligence (AI) and data capability is getting embedded in every consumer and business application is tremendous.”
According to the Microsoft CEO, the public sector is being supported in their modernization. “To develop the economy, a catch-up growth is possible when both the public institution and public sector can move rapidly,” he said.
Asserting on the necessary conditions to be able to deal with complexities, Nadella informed that, there must be a sense of purpose that drives and gives meaning to the organization and the culture that exists in the organization, which are the core of the foundation.
“We must create technology which will enable other people to create technology,” he noted. While speaking on his leadership mantra, he said, creating clarity, energy, and the ability to drive success are the core qualities of a leader. “We can’t wait for the perfect pitch but we have to keep working despite what the world throws on us,” Nadella added.
In the meeting, Eric Schmidt, ex-Chairman Alphabet and Chairman of National Security Commission on AI (NSCAI) said, “AI is a game-changer and the most powerful tool in generations for expanding knowledge, freedom, and increasing knowledge. “Science and engineering will leverage Artificial Intelligence,” said Schmidt.
He further mentioned that strong AI partnerships will be important to renew and protect individual rights, restricting commercial competition based on fair rules, and strengthening defence ties.
“India is a natural central piece of a collation of democracy and strong bilateral partner which possess a thriving economy, shares economic value and a common interest against authoritarianism in Indo Pacific area,” Schmidt added.
-RJV
