India's Digital Revolution: Innovative Technologies Driving Rapid Transformation
India's rapid digital transformation is gaining momentum, as a range of innovative technologies emerge to address population-scale challenges.
India's rapid digital transformation is gaining momentum, as a range of innovative technologies emerge to address population-scale challenges. While tech giants are contributing to this trend, the broader technological ecosystem is driving the country's transformation.
In a recent interaction with Indiatimes, Santhosh Viswanathan, Managing Director & Vice President, Sales, Marketing & Communications Group at Intel India, shared his thoughts on how technologies are addressing concerns that affect people on the ground, and the scope of India¡¯s ongoing digital revolution.
India's ongoing digital transformation
¡°Today, India stands at the threshold of rapid digital transformation,¡± Viswanathan said. A lot of collaboration at the intersection of the government, industry players, and academia is brewing to make India a truly digitally-forward country. For example, CoWin, India¡¯s vaccination platform, which, ¡°at its peak scaled to more than 3.2 billion hits a day,¡± came to fruition only due to tech solutions like Amazon Web Services (AWS) Cloud and Intel¡¯s Xeon processors.
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Such smart solutions are pushing the limits everyday. For instance, researchers from Cochin University of Science and Technology (CUSAT) and Union Christian College developed an AI-powered solution in partnership with Intel that detects and classifies breast cancer tumours. Similarly, Aster DM Healthcare and CARPL (an analytics platform) launched India¡¯s first secure federated learning-based health data platform. ¡°This aims to boost innovation in areas such as drug discovery, diagnosis, genomics, and predictive healthcare, and also allows clinical trials to access relevant data sets securely,¡± Viswanathan explained.
Is India truly harnessing the potential of technology?
¡°The presumed ¡®developing¡¯ regions are actually the ones leapfrogging by harnessing the power of technology,¡± Intel¡¯s Viswanathan said. For example, road safety, which has been a population-scale challenge in our country, is being addressed by innovations in artificial intelligence. ¡°India sees 17 deaths due to road accidents every hour.¡± Through Intel Onboard Fleet Services, an AI-powered fleet safety solution for commercial vehicles exclusively designed for Indian roads, loss of life could be prevented.
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¡°Technology has the power to bridge the gaps and [the role of tech giants in India] is to fuel this by working across the ecosystem,¡± Viswanathan said, while adding that ¡°in the last few years, India has made remarkable strides in the digital payment ecosystem, which I believe is an excellent example of our country¡¯s journey from being a cash-driven economy to a cashless economy.¡±
Viswanathan was referring to the Unified Payments Interface (UPI), what he called ¡°a game-changer in India¡¯s digital payment landscape,¡± recording over 7.82 billion transactions a month in December 2022. He highlighted that India generated 20% of world¡¯s data, but still hosts less than 2% of it. ¡°Data is the new oil and data centres are the refineries,¡± he said. By receiving adequate support from within the ecosystem, India could soon realise its potential in the digital economy.
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