Pathlock | Business Magazine in india | business connect

Our Technology
Whom do we serve?
We work for diverse businesses of all sizes right from
Startups to Fortune companies across all domains and
deliver bespoke and next-gen IT services and
solutions to help their businesses thrive in this highly
competitive digital world.
✔ Technology Offshore partnership
✔ Center of Excellence (CoE) for comprehensive IT
service requirements
✔ Committed team/ IT staff augmentation/ Resource
offerings for the existing technology base.
Our Services
Our Specialty
What we do
▣ Blockchain Technology
▣ Data Engineering
▣ Generative AI
▣ Robotic Process Automation
▣ Product Engineering
▣ Bespoke Mobile/Web solution
Who we are?
Techmango is a prominent IT services, consulting,
technology services, and digital transformation
services provider serving the world’s leading brands
with its holistic portfolio of services in consulting,
engineering, design, and operations.
400+
Experts
20+
Industries
150+
Global Brands
10+
Countries
Upraise your business with
bespoke digital business solutions
Hungry for digital success?
Scan to know more
www.techmango.net business@techmango.net +1 (678) 459 2330 +91 99940 23236
Why Techmango is formed?
Started as a small IT service-providing company of just 30 professionals
in 2014 in Madurai, with a strong vision of making a massive difference in
the IT service sector by empowering businesses with top-notch IT
services, Techmango has now emerged as a leading, community-based
IT service-providing organization serving millions of brands across the
globe.
Primarily located in the tier 2 city, Madurai with Offshore Development
Centers (ODCs) in Chennai and Trichy, we also have Overseas offices in
Dubai (UAE), USA - Atlanta (Georgia), and Unionville (Connecticut).

Entertainment
Real estate
Social Networking
E-commerce
Healthcare
Education
Logistics
Manufacturing

Kajal Dobhal
Kajal@businessconnectindia.in
Business Connect has come up with a neoteric edition where there is a profound
emphasis on organizational culture and business performance. Shining the spotlight
on this edition, we happen to bring forth a myriad of values that are indispensable in
today’s interconnected world. We have brought to you business leaders from diverse
backgrounds. In view of this, they bring thought provoking perspectives, ideas, and
solutions to the table. What sparks creativity and fuels innovation that leads to the
development of groundbreaking products, services, and strategies that cater to a diverse
global audience.
Studies have showcased that by embracing diversity the brand strengthens employee
engagement and retention. When employees feel included, respected, and valued for
who they are, better engagement of their work and commitment to any organization’s
mission. This sense of belonging fosters loyalty and increases turnover that eventually
cuts the costs related with recruitment and training of new talent.
Wearehighlyappreciativeofculturalcompetenceandglobalawarenessofthecompanies
featured in this edition. Understanding and appreciating different cultures, customs, and
perspectives is crucial for them. Hence, their diverse teams bring a wealth of cultural
knowledgeandinsights.Ithasbeenenablingcompaniestonavigateinternationalmarkets
more effectively and build meaningful relationships with clients and partners worldwide.
On top of this, the businesses are now highly into driving social responsibility and
ethical leadership. This not only enhances their reputation but also contributes to a
more equitable and inclusive society, where individuals from all backgrounds have equal
opportunities to succeed and thrive.
This edition entails stories of teams comprising individuals with diverse experiences,
skills, and viewpoints. They are better equipped to analyze complex issues from multiple
angles and arrive at well-rounded, informed decisions. This diversity of perspectives
mitigates groupthink and ensures more robust, effective solutions to challenges faced
by the organization.
Gracing our cover page is Pathlock that grabbed our attention for stimulating waves
by securing their data inside out. Owing to Pradeep Pandey’s thought leadership, the
company has been applauded at global level. Dive deep into this success story and get
better insights into industrial norms.
This seems to be the perfect place to sign off and we hope our engaging content would
help you get better insights into the business landscape.
Where creativity, engagement, cultural
competence and social responsibility
are the key drivers
Publisher Editor : Abhishek Kumar Dubey
Vol - 6| Special Edition|March 2024
We are also available on:
Printed and Published By Abhishek Kumar Dubey on Behalf of FanzineIndia and Printed at Tanuj Process, A 21/27 Naraina Industrial Area, Phase-II, New
Delhi - 110028 and Published at RZC 4, A/2, Street No. 21B, Sadh Nagar - II, Palam Colony, New Delhi-110045
Publisher Editor : Abhishek Kumar Dubey
RNI No.: DELENG/2018/76695
Copyright © 2018 FanzineIndia, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission
from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations, Views and opinions
expressed in this publication are not necessarily those of the magazine and according no liability is assumed by the publisher.
Corporate Office
701, Vishwasadan Tower, District Centre,
Janakpuri, New Delhi- 110058
Ph. 011-41065208
Email: corporate@businessconnectindia.in
Registered Office
RZC 4, A/2, Street No. 21B, Sadh Nagar - II,
Palam Colony, New Delhi-110045
Ph. 011-42636209
Email: info@businessconnectindia.in
Editorial Team
Kajal Dobhal | Sugandh Bahl | Dr. Amit Mishra | Avishek Singh | Kriti Anand | Sanjay Maurya
Business Head
ASHISH KUMAR
Senior Marketing Manager
Sonia Tiwari
Senior Relationship Manager
Reshmi Mishra
Corporate Team
Satyam Singh | Sunny Pathak | Asha Dudeja | Pradeep Pandey | Naina Sharma | Komal Verma
Sudha Gupta | Vikash Kumar | Kazim Barati | Rahul Kumar | Abhishek Mishra | Vijender Saroj |
Kavita Tiwari | Sanyam Bhayana | Deepali Kalra
Co-ordinator (Business Connect-Clients)
Priyanka Gupta
Data Research Analysis
Mukul Kumar | Gunjan Chaurasiya | Hitesh Kumar | Adarsh Pathak |Prince Banga |
Diksha Singhal | Aditya Thakur | Nupur Sharma | Divya | MD Salman
Raj Sharma | Akansha Kumari | Roma | Sakshi | Aman
Finance Team
Gaurav Singhal | Jyoti
Creative Director
ASHUTOSH OJHA
Creative Team
Pawan Yadav | Vishant Saroj | Vandana Gusain
Legal Affairs
Mukesh Kumar
Human Resources
Nivedita Basu
Digital Marketing Manager
Anurag Tiwari | Simran
Follow us on:
4
www.businessconnectindia.in | Vol. 6 | Special Edition March 2024 INDIA www.businessconnectindia.in | Vol. 6 | Special Edition March 2024 INDIA
5

6
7
TECHNOLOGY
ODOO
ACCION LABS
LIFE AFTER HATE
3D Printing
Technologies To Create A Better
Tomorrow
Leading The Era’s Digital
Transformation
“We are thinkers”, “We
are designers” and
“We are builders”
Transforming lives and battling
extremism…
32
26
36
42
EMPOWERING
Speckyfox
Technologies
A Glance Into The
Empowering Innovations Of
GenAI tools
44
20
INNOVATION
UP TO DATE
SUCCESS STORY
Htc’s Resurgence In The Tech
Landscape
Iris Is All Set To Revolutionise
Education As India’s First Ai
Teacher!
Ashneer Grover
38
16
22
10
YOUR TRUSTED PARTNER
IN THE JOURNEY TO ZERO
RISK MANAGEMENT
CONTENTS
Table of
6
7

8
www.businessconnectindia.in | Vol. 6 | Special Edition March 2024 INDIA
SUQUINO
STARTUP
FIMER
A Reknowned Name Offering
Sterling Services In The Iot
Healthcare Domain
How does workplace
diversity scale business
productivity?
Where Knowledge, Integrity,
And Commitment
Make a Difference
48
50
56
EUPRAXIA TELECOME
LEADERSHIP
Revolutionizing Telephony
Experience
10 Ways To Ensure Long-Term
Customer Commitment
54
60

10
11
Piyush Pandey
CEO
YOUR TRUSTED PARTNER IN THE JOURNEY
TO ZERO RISK MANAGEMENT
Cover Story
T
he modern digital world asserts that safeguarding sensitive data is paramount.
And in this world, compliance management is becoming a critical necessity across
the business world. In this spirit, one organization stands out for its exceptional
performance in assisting large enterprises in fortifying their data security measures.
Pathlock’s expertise in SAP environments is globally acclaimed. Its true strength
lies in its adaptability where it excels in supporting a wide array of Line of Business (LoB)
applications, effectively catering to the diverse needs of its customers. In contrast to
conventional identity vendors, Pathlock has developed solutions with a deep knowledge of
controls management, audit compliance, continuous controls monitoring, risk quantification,
and vulnerability management.
In talks with Piyush Pandey, the CEO of the company, we had a valuable conversation where he
answered various questions sharing the details of their exclusive product portfolio. We bagged
food for thought via this chat and hope our global aficionado would find the valuable insights
shared here beneficial for their entrepreneurial fervour. On behalf of the founding team, Piyush
shared his vision for the company and lots of unrevealed details.
THE MAN DIRECTING THE COURSE
Piyush Pandey is an inspiring leader who brings a wealth of experience to the growth of Pathlock. At
present, he boasts of an impressive two and a half decade long career in the enterprise security software
space. He has a penchant for automating audit and business controls for business applications. So
far, he is assisting the world’s largest organizations in the above mentioned processes. His profound
understanding of the intricacies within this domain is invaluable in steering Pathlock towards innovation
and efficiency. His pledge to automating audit processes aligns seamlessly with the evolving needs of
modern day enterprises. It solidifies Pathlock’s reputation as the frontrunner in providing robust solutions
for business applications.
On the top of his technical acumen, he is driven by a passion to build profitability for the brands with
sound fundamentals. This alignment underscores his visionary approach to Pathlock’s growth and
success. His extensive knowledge of enterprise security software with an in depth business acumen plays
a pivotal role in guiding Pathlock to new heights.
Piyush’s sheer adherence to excellence and his ability to fuse technical innovation with business
fundamentals make him a remarkable leader in Pathlock’s journey towards continued success.

12
13
CREATING A TRAJECTORY OF SUSTAINED GROWTH
The prominence in the enterprise security software industry Pathlock has witnessed under Piyush’s leadership is truly
commendable. When talking of his professional trajectory, he explains that it was significantly influenced by a keen interest
in understanding global processes and operations, particularly within the realm of product development. This curiosity
drove him to seek opportunities abroad, where he gained invaluable insights into various markets and industries. Over
the years working in France, notably in Paris, provided him with firsthand exposure to diverse working cultures and
methodologies. Subsequently, he sought to further expand his knowledge by immersing himself in the dynamic business
landscape of the United States, widely regarded as the epicenter of entrepreneurial activity. Over a span of nine years on
Wall Street, Piyush delved deep into the intricacies of business operations across multiple sectors, with a particular focus
on the tech industry spanning software, Internet, and semiconductor domains. This extensive experience not only equipped
him with a comprehensive understanding of how businesses are conceptualized, valued, and funded but also instilled in
him a fervent desire to embark on his own entrepreneurial journey. Prior to joining Pathlock, Piyush’s professional journey
traversed continents and markets, enriching his understanding of diverse business dynamics and operational philosophies.
It was a journey characterized not only by professional growth but also by a deeper appreciation for the multifaceted nature
of intellectual satisfaction in the realm of work. As he transitioned into his role at Pathlock, Piyush brought with him a
wealth of experiential knowledge, garnered from years of immersion in global business environments, which continues to
inform and shape the company’s growth trajectory.
Later on, Piyush’s journey with Pathlock kicked off with a keen focus on problem-solving, a core objective of the founding
team. As the business expanded, Piyush recognized the potential to address a wide range of challenges. He envisioned
their tech solutions as comprehensive tools capable of tackling various issues and driving innovation. Embracing a growth
mindset, Piyush remains committed to consistently assisting customers in the most effective manner possible, thereby
contributing significantly to the company’s growth trajectory. Gradually, they kept investing in tech solutions and catering
to their 1300 global customers.
COMPANY OVERVIEW
Pathlock is a leading enterprise software company operating with a B2B business model, specializing in providing
comprehensive data security and audit compliance automation solutions. With a clientele that includes industry giants
such as Microsoft and Apple, Pathlock caters to companies with stringent data security compliance requirements, offering
robust protection for sensitive financial and customer information. By automating critical processes, Pathlock addresses the
global need for enhanced data security, enabling organizations to effectively filter access to confidential data. Founded over
a decade ago, Pathlock initially focused on stock compliance within the finance industry, GDPR compliance in Europe, and
privacy regulations. Recognizing the pressing need to automate manual security procedures for large public companies,
Pathlock developed solutions that quickly gained traction in the market. Today, Pathlock is the preferred choice for top
players in the industry seeking advanced security solutions to safeguard their valuable data assets.
WHAT DO THEY STRIVE TO ACHIEVE?
Piyush elucidated that their endeavors to establish themselves as the premier platform for organizations seeking a
comprehensive solution to manage the risks associated with their business applications. In the current scenario, many
prominent brands rely on disparate platforms to address various needs. However, Piyush articulated that his vision is to
offer a holistic approach to risk management, encompassing functions across IT, HR, Finance, and other industry domains.
The aim is to fill the existing gap in risk management by providing a single, integrated portfolio that can effectively monitor
and mitigate risks associated with core business applications. By consolidating these functions into one platform, Piyush
and his team seeks to streamline and optimize the risk management process that would enhance organizational resilience
and security.
RELYING ON WORD OF MOUTH STRATEGIES
Piyush underscores the significance of Pathlock’s marketing strategy which is crucial for business expansion. He has been
emphasizing on its multifaceted approach for the past few months. In delving into direct marketing and SEO strategies,
the company strategically navigates key areas. However, Piyush highlights the pivotal role customers play in their success.
By cultivating customer referrals and evangelism, Pathlock engages in dynamic marketing practices. This is evident in
their active participation at conferences and webinars, providing a platform for customers to articulate the impact of
Pathlock’s solutions. Piyush accentuates the customer-centric approach through case studies, podcast collaborations, and
the establishment of user groups, solidifying the central position customers occupy in Pathlock’s comprehensive marketing
framework.
THE LEADERSHIP PHILOSOPHY
Piyush Pandey’s leadership philosophy is an eloquent blend of customer-centricity and empowerment. At the core of his
approach lies an unwavering commitment to the company’s raison d’être – the customers. Understanding that the company
thrives because of its customers, Piyush orchestrates a harmonious symphony where every member resonates with this
fundamental goal. His leadership mantra takes form in the meticulous selection of talented individuals across every
department, fostering an environment where their expressions flourish.
12
13

14
15
As CEO, Piyush views his role not as a
directive force but as a facilitator of success.
His emphasis is on hiring the best, aligning
their aspirations with the company’s objectives,
and granting them the autonomy to execute.
This approach crystallizes into a mantra of
hiring the right people, empowering them to
express themselves, and orchestrating success
by aligning individual and company goals. In
doing so, he crafts a leadership narrative that
seamlessly integrates corporate objectives with
individual aspirations, creating a symphony of
success.
THE CULTURAL PRINCIPLES
DRIVING THE SUCCESS
Piyush Pandey is deeply committed to fostering
a work culture that mirrors his passion for a flat
organization. In his view, “flat organisation”
doesn’t denote an absence of hierarchy but
rather signifies the importance assigned to
every role within the company. Every role is
valued equally under Piyush’s leadership,
emphasizing the collective significance of
individual contributions.
Piyush’s approach extends beyond hierarchy
to instill a sense of pride in each team member
for their respective roles. This collective pride
forms the cornerstone of an approachable and
open work culture. Piyush proudly champions
a policy where anyone within the company,
irrespective of their role, can reach out with
questions or concerns. This inclusive ethos
reinforces a culture where communication
flows seamlessly, promoting an environment
where career development and concerns are
openly discussed and addressed.
THE FUTURISTIC VISION
As per Piyush, the senior leadership has
formulated a forward-looking vision involving
establishing a global footprint in terms of both
product infrastructure and comprehensive
support services. In today’s scenario, their
customer base spans North America, Europe,
India, Israel, and Australia. Executing a strategic
three-pronged approach, they prioritize
continual investment in product development
with dedicated teams across India, Israel,
Europe, and the US. Simultaneously, they are
crafting a 24/7 sales and support infrastructure
to cater to a diverse global clientele. This
involves tailoring their tool for distinct markets,
recognizing the unique relevance of solutions
in North America, Europe, India, and beyond.
Ultimately, their ambitious vision revolves
around emerging as the undisputed standard
for risk management in large enterprises
worldwide.

BILATERAL HAND TRANSPLANT MAKES
HISTORY IN THE FIELD OF MEDICAL SCIENCES
IRIS IS ALL SET TO
REVOLUTIONISE EDUCATION AS
INDIA’S FIRST AI TEACHER!
INDIA’S FIRST UNDERWATER METRO DELIGHTS PASSENGERS WITH
AQUATIC ARTISTRY
INDIA’S FIRST UNDERWATER METRO DELIGHTS
PASSENGERS WITH AQUATIC ARTISTRY
The world witnessed an incredible
milestone in the field of medical
innovation, as a painter from Delhi
endured a transformative bilateral hand
transplant. The surgery was conducted
at Sir Ganga Ram Hospital, New Delhi.
The patient lost both of his hands by a
tragic train accident resulting in the
drastic shift in his life. Dr. Mahesh
Mangal and Dr. Nikhil Jhunjhunwala
have successfully led a skilled team,
comprising over 20 surgeons, where the
complex 12-hour surgery was conducted
in which the team connected arteries,
muscles, tendons, and nerves with the
help of a donor’s hands to the Painter’s
arms. This radical technique
marks an important breakthrough
in the Medical space in India. As
for the painter, now he will be on
the journey of regaining therapy
after being discharged from
observation for significant days.
The current status
Worth noting, this is a great
reminder of the Organ donation
need in India where there is a
great conquest depending on the
same. Although when we talk about
Delhi’s count on observing 11 cadaver
donations in 2022, which resulted in the
salvage of 30 organs, the country is in
dearth of the donors.
This is also a matter of cultural beliefs
and perception of the masses that
defines the number as only 0.1% of
the population opting for posthumous
organ donation, whereas compared to
the Western countries it amounts to 70%.
This contrast in organ donations when
compared requires great attention and
need to inform the masses about the
importance of Organ donations.
THE THOUGHT INITIATIVE
As we talk about the Painter named
Rajkumar who is a 45-year-old recipient,
he went through a life-changing organ
donation procedure and medical
progress. He survived through these
years with artificial arms since the traffic
train accident in 2020 until this miracle
happened. Behind the paving, the way
for Rajkumar’s life-changing surgery
is the compassionate step by Meena
Mehta’s family to donate her organs,
including her hands, whose other
donated organs have saved the lives of
three other people in the past. Rajkumar
is being observed in the hospital for
six weeks, now he is on the verge of
starting a new chapter of his life ahead,
which also offers courage and hope to
numerous people who thought of organ
transplants to lead a good life.
Indeed, his story demonstrates the
importance of Organ donation in India,
which has the ability to put light into
other’s life misfortune to a new chapter
with purpose.
In view of AI penetrating various industries and taking
over job roles, India welcomed its first AI teacher - IRIS, at a
school in Kerala’s Thiruvananthapuram. This occurrence has
seized global attention into the futuristic education system.
Iris represents a revolutionary innovation, as Maker Labs
integrated Artificial Intelligence into education, with an aim
to redefine the old times Education System.
THE USE OF GEN AI
IRIS is a robot that is powered by generative AI. For now, it
is all poised to break boundaries and revolutionize the way
students interact with the learning programs. With a focus on
enhancing the students’ learning via breaking the traditional
methods of teaching, Iris has the ability to understand
each student’s unique needs and preferences. It is capable
of offering a tailored learning experience that engages
and empowers learners like never before. This innovative
approach aims to enhance the effectiveness of education
delivery and foster greater student engagement.
WHAT MAKES IT UNIQUE?
The launch of Iris at Kerala’s KTCT Higher Secondary School
was met with great excitement and anticipation. In a video
shared on Instagram, the robot was introduced by Dr. K
Rajeev, Director of the Space Physics Laboratory (SPL) of
VSSC, on the platform of the premises, highlighting its skills
and interactions with students, and faculties of the Institution.
During the demonstration, It was noticed that Iris can
move, interact, and answer students’ queries, which proves to be
important in the classroom. With zero absenteeism by the students
in the classes, there has been a remarkable increase in attendance,
conducted by Iris. Iris is provisioned to teach a variety of subjects,
according to the educational needs of students, from nursery to
Class 12th.
THE CAPABILITIES
Iris is currently proficient in English, Hindi, and Malayalam,
with an aim to increase its language capabilities to over 20
languages. More to add, to safeguard the students from exposure
to detrimental matters such as drugs and violence, Iris is equipped
with an inappropriate content blocker.
To enhance the significance and approachability of education in
India, with the help of AI technology, the launch of Iris signifies
a crucial step. Iris proclaims a new era of education that is
transformative with its capability to engage with students and
adjust to their individual requirements.
A new wave of excitement for passengers traversing across
Hoogly River in Kolkata was seen after PM Modi inaugurated
Esplanade-Howrah and enticing images of fish have
transformed the inaugural ride of India’s first underwater
metro into a surreal experience for passengers traversing
beneath the Hooghly River in Kolkata. The unveiling of
this unique metro route in Kolkata is a perfect blend of
technological marvel and artistic finesse.
The train delved into the river through a tunnel. During
its pilot departure, passengers eagerly peered through the
windows, hoping to catch a glimpse of real aquatic life.
However, what greeted them was a spectacle of beautifully
crafted paintings depicting vibrant marine life illuminated by
aquatic blue lights. All the riders were in awe where many
expressed their amazement to see a realistic portrayal of the
underwater world.
A student from Alipore Kendriya Vidyalaya, Piyush, shared
his experience, “The paintings of fishes and the lights have
been done so beautifully that for a moment I thought it was
real. It was just awesome.” Supreet Kaur, a teacher who
accompanied the students on this historic ride stated the
cultural significance of the trip. Well, the students showcased
their love for Kolkata through artistic expressions.
Prime Minister Modi also reflected on his experience
where he emphasised the significance of the project in
enhancing connectivity and alleviating traffic congestion. He
commended the collective effort of the youth and workers
involved in the project. He added that it underscored the
pivotal role of ‘Jan Shakti’ in driving progress.
The East-West Metro Corridor project spans from Sector V in Salt
Lake to Howrah Maidan, covering a distance of 16.6 km, with 10.8
km underground. While operational in segments, its completion
promises to streamline mass transportation in Kolkata, benefiting
commuters and easing urban mobility challenges.
Kausik Mitra, the Chief Public Relation Officer of Kolkata Metro
Railways, highlighted the corridor’s potential in enhancing
connectivity between Howrah and Sealdah railway stations, two
bustling hubs. He emphasised the role of the metro in alleviating
traffic congestion, improving air quality, and transforming the
city’s mass transport landscape.
The inauguration of India’s first underwater metro heralds a new
era of transportation infrastructure, blending innovation with
aesthetic appeal, and poised to redefine Kolkata’s urban commute
experience for generations to come.
The world is commemorating International women’s day and
PM Modi has announced a big gift to the housemakers out
there. This deeply resonates with both economic relief and
gender-centric policies as mentioned by the honourable Prime
Minister Narendra. On 8th March, he announced a substantial
reduction in the prices of domestic gas cylinders which was a big
decision aimed at easing the financial burdens faced by people
living below the poverty line. So far, a notable ₹100 reduction
in the costs of these essential commodities would make a huge
difference to the budget of a common man.
Many people who advocate the pivotal role of women in
households and society, said that this move would particularly
benefit millions of households. This move signifies the
government’s consideration to support the economic and
overall well-being of families amid the increasing inflation.
While putting emphasis on empowering the homemakers
in India, PM Modi underscored the broader implications of
making cooking gas more affordable. The very important one
asserting its contribution to creating a healthier environment.
This remarkable step aligns with the government’s commitment
to fostering an environment conducive to the ‘Ease of Living’
for civilians.
With the reduction in gas cylinder prices coming into effect,
the announcement showcases not only a pragmatic economic
measure but also a symbolic gesture to acknowledging the vital
contributions of women in India on the International Women’s
Day. The move aligns with the government’s ongoing efforts
to prioritise affordability, sustainability, and the welfare of
citizens in its policy initiatives. The national populace has
applauded this step and welcomed the government’s outlook
for a better future.
16
17

OUR
UPCOMING
EDITIONS
www.businessconnectindia.in
NEVER MISS OUR
EDITION
I would like to subscribe* Business Connect for one year at Rs.1000 (12 issues)
I am enclosing the Cheque/DD no. _________________________ dated ___________________ of Rs. ________________
of bank __________________________________________ Branch ______________________________________________
drawn in favour of FANZINEINDIA.
My Personal mailing details (IN BLOCK LETTERS): NAME _____________________________________________________
CompanyName_____________________________________________Designation_____________________________________
Address _________________________________________________________________________________________________
_________________________ City _________________________ State ______________________ PIN ____________________
Telephone_______________________________ Email(Required*)__________________________________________________
Age in years _______________ Experience _______________ Industry ___________________ Education __________________
Your feedback about the magazine ___________________________________________________________________________
How did you come to know about Business Connect? ______________________________________________________________
Now you can also subscribe through credit card: visit - http://www.businessconnectindia.in
All the payments are accepted in Cheque/DD favouring: FANZINEINDIA, 701, Vishwasadan Tower, District Centre, Janakpuri, New Delhi- 110058
*This offer is valid in India only. Please mention your name and address on the back side of your Cheque/DD. Cancellation and refunds are not allowed.
If you have any query, please send us the email to corporate@businessconnectindia.in or call to 011-41065208.
Business Connect offers you amazing business stories along with
multiple interesting and motivational stories written by our expe-
rienced editors. You may grab an opportunity through our special
offer : Get 12 Issues by paying just Rs. 1000.
BUY NOW
FOLLOW NOW
SUBCRIBE NOW
BUSINESS
MAGAZINE
INDIA’S FASTEST
GROWING
Follow us on
19

20
21
TECHNOLOGIES
Helping clients to transform their vision
into reality with the help of strong
Software Development and Testing/Quality
Assurance services.
You know that Businesses are constantly in search of highly
reliable software development and testing companies to fulfill
their product development and testing needs effectively.
SpeckyFox Technologies excels in providing tailored software
development, testing services, and customized solutions to
meet the unique requirements of the clients with precision and
expertise.
It is the most effective way to mitigate the risk related to
software failures. As much as competency in software
development is important, software testing is equally crucial
to avoid any sort of functional, performance, or security issues
that could lead to issues, bugs, downtime or security breaches.
Here, emerges an organization that offers clients with the
best of both worlds!! SpeckyFox is a venture that specializes
in software development as well as testing. Owing to their
unique service portfolio and customer-centric approach, they
have become a globally acclaimed player in the industry.
The guiding force of the company is the trio of founders who
are tech enthusiasts with a myriad of skill-sets. Avneesh
Kumar Agarwal, Akshay Chouhan and Abhishek Aggarwal
join hands to set up SpeckyFox Technologies as an outstanding
company in the IT industry resonating with a unique set of
core values.
We got a chance to sit down with Abhishek Aggarwal to
cover the entire gamut of the company’s portfolio. And the
discussion was absolutely enlightening one where we bagged
valuable insights and food for thought to be shared with our
global readership.
Abhishek initiated the dialogue with, “SpeckyFox was
established with the concept of developing state-of-the-art
software that could be accompanied with the best practices of
software testing as well. All the co-founders have different
skill-sets and contribute to various aspects of our business
model. The founding team has years of experience and
specialization in tech-inclusive solutions. Our vision is to
emerge as the leading player in the software/IT industry to
help the tech suites create the best-in-class solutions.”
COMPANY OVERVIEW
Emerging as a leading provider of Software Development and
QA/Testing services, SpeckyFox has got the specialization in
turning clients’ visions into reality through innovative technology
solutions. The group began its phenomenal journey in 2018.
At present, it has become synonymous with a venture that is
offering a comprehensive portfolio of Software Development,
QA/Testing, and Strategic Consulting services. Be it startups,
SMBs, mid-size enterprises, and large conglomerates across
various continents, their clientele has expanded since inception.
The team is leveraging cutting-edge technologies like Java,
Angular, React, Node, C#, Flutter, JMeter, LoadRunner,UFT,
Selenium, Playwright, Appium, MySQL, MongoDB, AWS cloud,
and Azure cloud etc. The company has been pledged to develop
bespoke and scalable solutions that could meet the unique
business requirements of each client. The company is in ceaseless
pursuit of excellence and never fails to adopt a customer-centric
approach to keep up with its reputation. No doubt, they are
solidifying themselves as a reliable tech partner in terms of
transforming dreams into success stories.
Today, SpeckyFox is a globally acclaimed organization with an
effective reach across continents with diverse clientele. And
they have cultivated lucrative collaborations with big MNCs
as well as well-funded startups. In view of expansion, they
are currently hiring highly talented individuals to fill various
vacant positions in the space of Software Development and
QA/Testing.
WHAT IS THE MISSION BEHIND SPECKYFOX?
Our mission is to be the enabler of innovation, guardians of
quality, and passionate collaborators to create a future where
technology is a force for good, empowering businesses and
individuals to thrive in a rapidly evolving digital landscape.
SpeckyFox empowers innovation by embracing emerging
technologies, fostering a culture of creativity, and continuous
improvement.
Delivering high quality product through rigorous testing and
cutting-edge development, the company ensures that clients’
software aspirations materialize into reality. It’s not merely
about building code; it’s about fostering confidence. The
comprehensive testing services provided by SpeckyFox identify
and eliminate bugs before they transform into nightmares,
safeguarding clients’ reputations and ensuring unparalleled
user experiences. The belief is that software shouldn’t just
work; it should thrive. The development teams at SpeckyFox
meticulously craft beautiful, efficient, and secure code with
scalability and sustainability at the forefront. The company
doesn’t settle for “good enough”; it relentlessly strives for
exceptional quality in every line of code.
The mission of SpeckyFox expands beyond technology. The
company seamlessly integrates as partners with its clients as an
extension of their teams. SpeckyFox listens, collaborates, and
comprehends the unique needs and challenges of its clients.
THE CORE VALUES
Abhishek happened to walk us through the core values that
drive every aspect of the company’s operations. For them,
keeping up with client’s trust stands paramount, and utilizing
optimal solutions that fuel their business growth. For them, the
work culture is brimming with dedicated efforts. They have
also kept a great focus on resolving every issue occurring at the
workplace. Every employee at the company has great respect for
work, clients, and colleagues cultivates sincerity and enduring
relationships, facilitating the delivery of superior quality.
Moreover, there is a great passion infused in every interaction,
elevating client service to perform a justice profession. Every
member of the SpeckyFox team is unwavering in their pursuit
of excellence, fostering a culture where collaboration thrives
and hierarchies dissolve. Growing and evolving at a collective
pace, shared learning and laughter could be found at every
corner of the workplace.
Their core values are their greatest strengths - They mainly
focus on infusing the values in their system by focusing on these
four core values.
People empowerment - They advocate people empowerment to
success. The employees have all the tools and freedom to make
decisions in their span of capacity.
Passion - Employees are forever keen to learn whatever they do
with immense energy.
Respect - It’s significant that one should be treated with dignity
irrespective of the role or designation.
Trust - SpeckyFox is a trustworthy team that nurtures the faith
of its people and clients under any situation.
HOW ARE THEY MAKING A DIFFERENCE?
On behalf of the other two co-founders, Abhishek shared that
SpeckyFox emphasizes on three aspects.
People empowerment:
• Investing in talent by offering training programs,
mentorship opportunities, and access to new-age
technologies. They empower the team members on the
professional as well as personal side.
• Creating a collaborative environment to foster a culture of
innovation where every individual’s ideas are valued and
respected. With open communication and teamwork, they
harness the collective intelligence of the workforce to solve
complex problems and deliver exceptional results for the
clients.
Leveraging Latest Tools:
Leverage tools to seamlessly manage processes and deliveries.
This is their foremost important aspect to ensure the delivery
of top-quality products. Their approach entails the reliance
on an array of diverse tools. And for this, they have both:
proprietary in-house solutions and externally adopted ones,
to streamline operations and enhance product quality. This
holistic toolset allows them to maintain rigorous standards
within the development lifecycle. And the end result generates
consistently high-quality outcomes in favor of their clients.
Improving Processes:
• Streamlining Development and Testing to refine the
software development and testing processes to enhance
efficiency and quality. Facilitating agile methodologies,
automation tools, and best practices, they optimize the
whole lifecycle of software delivery, from ideation to
deployment.
• Driving Continuous Improvement, they ensure continuous
improvement to drive excellence in everything they do.
Through regular feedback mechanisms, performance
evaluations, and post-project reviews, they implement
corrective actions to raise the bar of the service delivery.
THE LEADERSHIP PHILOSOPHY
We request Abhishek to shine some light on the leadership that
exists in the establishment and their mantra that could inspire
our global aficionado. To this, Abhishek responded that their
leadership style sprouts from a profound understanding of
the market challenges that are being tackled by the team. To
keep up the spirit, the three founders regularly interact with
employees to cultivate an environment where team members
feel empowered to express their ideas. This heavily contributes
to inspire employees toward shared goals. Also, revolving
around this leadership philosophy, they are highly aligned
with the practice of empathy. Each individual at the leadership
position strives to understand and relate to the experiences of
their team members. And they claim that empathetic approach
ensures that the process of decision making is quite considerate
when it comes to the employee’s perspectives. They know how
to value the needs of each employee and ensure a culture that
speaks of mutual respect.
Abhishek Aggarwal
Chief Marketing Officer
Kajal | Business Connect

Ashneer Grover
An evolution from financial innovations
to entrepreneurial triumphs
The origin story
Ashneer was born on June 14, 1982, in Delhi. He hails from a family where his father served as a Chartered Accountant,
and his mother worked as a teacher. Needless to say, with both parents in reputable professions, the family thrived
that allowed Ashneer to pursue his education at institutions like IIT and IIM.
Ashneer’s wife, Madhuri Jain Grover, is a successful entrepreneur who owns Mauve and Brown. The brand is a
resounding success in the furnishing business based in New Delhi. Apart from Ashneer and Shashvat, Madhuri
played a crucial role in the success of BharatPe. She supervised HR, finance, and internal operations until her
involvement in alleged financial fraud led to her termination by the Board. But these complexities didn’t stop the
couple from thriving and they were blessed with two children.
Despite a robust educational and career foundation, Ashneer Grover came across a myriad of challenges along
the way. But navigating through the rough waters, he appeared as a judge on the Shark Tank India reality show.
Here, people applauded him for his entrepreneurial acumen and transparency in vision. Today, his net worth is
approximately INR 700 crore, and no amount of challenges and controversies could alter this fact.
The course of career
During his initial career stages, Ashneer Grover worked at Kotak Financing Bank as a vice president from May
2006 to May 2013. After that, he joined American Express in May 2013 as the Director of Corporate Development
until March 2015 as he was offered the role of Chief Financial Officer at Grofers(now known as blinkit). Before
commencing Bharat Pe, he served as the “Head Of New Business” at PC Jeweller Limited from November 2017 to
October 2018.
The serial entrepreneurship
After facilitating the striking success of Indian unicorns, Bhartpe and Grofers, Ashneer intends to establish his third
business venture i.e. Third Unicorn Private Limited. Although the specific industry or sector for his new venture
is still not revealed, he expressed plans to re-enter the business world and create another “unicorn” on his 40th
birthday as per Tofler’s data.
Ashneer Grover is a highly acclaimed name in the Indian entrepreneurial
ecosystem and his success story marks the power of ambition, challenges
and reinvention. He is co-founder of BharatPe that was established in
2018. He commenced the operations of this payment gateway alongside
Shashvat Nakrani who served as the Managing Director until February
28, 2022. In the span of four years, their efforts brought BharatPe in the
limelight making it one of India’s most widely used payment apps.
Investing in the SMEs
As one of the most sought after investors in Shark Tank India, Ashneer Grover became everyone’s fav Shark.
Throughout the show, the ventures he chose to invest in are as following:
• BluePine Foods(momos)
• Booz(Electric scooters)
• Tagz Foods(popped chips)
• Skippi Ice Pops(popsicles)
• Raising Superstars(Kids Tutorials)
• Beyond Snacks(Banana Chips)
• Motion Breeze(EV Bike)
• Event Beep(Student Community)
22
23

Leading The Era’s Digital
Transformation
E
ven the most complicated businesses need fluidity and
complete integration in order to function effectively. And
a user interface that is simple to traverse, user-friendly,
and designed to enable the user’s smooth adoption of the
system has the potential to completely revolutionize any
organization.
Odoo is an enterprise resource platform that aims to change the way businesses function by centralizing
administrative tasks such as supply chain and project management, accounting and human resources,
communications, sales customer relationship management, and reporting modules. This can be accomplished
through a number of different modules.
They believe that business software should meet complex requirements while maintaining an easy-to-use interface.
This belief has helped them become a prominent suite of open-source business applications. The company’s
software is designed to be user-friendly, feature-rich, closely integrated, and straightforward to upgrade in order
to facilitate the creation of a simplified experience for all of the company’s clients. In addition to enterprise resource
planning and customer relationship management, they provide a variety of additional cutting-edge technologies
in a single package geared to tackle any and all problems that a company might ever encounter.
Kriti | Business Connect
Fabien Pinckaers
Founder
26
27

Owing to its natively integrated applications, Odoo has successfully established a new
market. It’s possible that today’s businesses will face complex issues. However, Odoo
identifies its problems and finds solutions by utilizing apps that work seamlessly with
the platform.
Hosting for their suite of open-source business applications is offered on three separate
systems, allowing it to be customized to meet the requirements of any particular customer.
You can quickly set up a cloud instance that is completely operational in a matter of
minutes by using the software as a service platform Odoo Online, all it takes is a few
clicks. Both On-Premise and Odoo SH are built for bespoke Odoo configurations. This
allows for the simple installation of our certified apps as well as any third-party apps that
are available through the Odoo apps store.
With a lot of hard work and
determination, Fabien was able to
grow the one-man hand of the company
(he was the only employee), into a
multinational company with offices on
three continents and more than 100
employees. Fabien achieved this in
eight short years and before the age of
31! “I needed to change the world. I
wanted to…. You know how it is when
you are young and you have big dreams,
a lot of energy, and naive stupidity.
My dream was to lead the enterprise
management market with fully open-
source software”, states Fabien.
Started as a one-man firm in Belgium,
today Odoo has over 3500+ partners
and 2500+ employees globally. Odoo
has moved far beyond the boundaries
of traditional ERP players across the
globe. The executive team consists 4 key
persons: 1) Fabien Pinckares (CEO) 2)
Antony Lesuisse (CTO) 3) Alessandro
Mazzocchetti (CFO) 4) Sebastian Bruyr
(CCO)
In the coming years, the company’s goal
is to increase the number of employees
in order to broaden its customer base
and serve more businesses in different
parts of the world.
Tackling the Pandemic
During the Covid-19 pandemic, when it was difficult to recruit employees or workers, Odoo presented its finest answer to solve the
business difficulty. Odoo, with its superior artificial intelligence-based business intelligence, assisted businesses in lowering their
personnel requirements while simultaneously increasing their output.
In the course of the pandemic, online retail platforms all around the world have reported a rise in sales of drugs, groceries, and other
commonly used items that ranges from approximately 70% to 190%. Because of the lockdown and the quarantine, some businesses
had fully stocked warehouses and retail shops, but they were unable to sell any of their inventory. Odoo provided instant assistance
to them in this predicament by establishing a new eCommerce website in order to maintain the flow of sales.
Company
Overview
Fabien Pinckaers
began combining his
love for business and
technology from an
early age - by 13, he
had already created
and sold his first
piece of business
management software
for a company called
“Les Transports
Verts”.
During his time at
the University of
Louvain-la-Neuve
(where he majored
in computer science),
Fabien worked on a
number of projects
utilizing various
software systems,
such as Auction-in-
Europe, Openstuff,
and TinyERP (later
known as OpenERP,
then Odoo).
In just two years,
Auction-in-Europe
surpassed eBay in
monthly art sales
volume, moving 15,000
lots per month, and
establishing itself as
the industry leader
in Belgium. TinyERP
has been the most
successful of them,
expanding becoming
OpenERP and then
becoming Odoo as it
expanded beyond ERP
to encompass other
types of software.
Company’s Response to the Technical Advancements in the Market
Odoo delivers a one-stop solution for everything a company could need to thrive in its industry. They
provided a full suite of solutions, including customer relationship management, sales management, and
accounting. Odoo’s app store has everything to meet every possible requirement. Because of this, you won’t
have to waste time switching between programs that accomplish similar things, only to end up with more
work because of the intricate integration required to bring the data together.
Odoo Studio’s features make it possible for businesses to create their own unique apps without the need for in-house programmers.
People with little to no experience with coding can greatly benefit from this function. Odoo Studio is a developer- and non-developer-
friendly app builder that utilizes drag-and-drop blocks for the creation of apps. With Chatter, businesses can have the internal
communication they need in minutes rather than weeks, and they can also develop the apps their employees need in a streamlined
and transparent manner. Odoo is a cloud-based business management solution, so you can manage your company from anywhere
with just your phone.
28
29

Adapting to the screen layouts is a breeze thanks to the
uniformity and completeness of the UI. Odoo is an open
source project that uses the programming languages Python,
JavaScript, and XML. To connect to databases, Odoo uses
PostgreSQL, an open-source RDBMS.
The Clientele of the Company
Everyone from sole proprietors to giant corporations can
benefit from using Odoo. Odoo is a free and open-source
alternative to proprietary retail management software. Its POS
(Point of Sale) and CMS (Content Management System) can
be integrated with an E-Commerce app to facilitate online
shopping on any website. Odoo is a free and open-source
enterprise resource planning (ERP) system that can replace
more well-known systems.
Odoo is generic and may be used by businesses of all sizes and
from all industries. The main problem for Odoo is “managing
the massive scope and scalability of the software while staying
as simple as possible in usage,” which is why the company
provides solutions for businesses of all sizes and in all
industries.
Every company has its own procedures, and it’s logical for
them to look for ways to streamline those processes. When
it comes to solutions, Odoo is where they should look. We
have the ability to provide a fully tailored, industry-specific,
open-source Business Management Software Solution for any
business you can think of.
What Sets the Company Apart
Odoo, a provider of business software solutions, has quickly
become one of the world’s leading digital transformation
partners. Their platform streamlines operations by connecting
all departments in an organization to one another. This
eliminates the need for employees to switch between different
business applications, which in turn provides owners with
a number of advantages, such as faster turnaround times,
reduced costs associated with application upgrades and
maintenance, and enhanced ability to track and audit processes.
It seems that solutions that are efficient at solving the problem
are also difficult to use, and vice versa for systems that are
simple to use. Odoo is revolutionary because it is so simple to
use and because it has so many cutting-edge capabilities that
can address any issue a business might have. The company’s
framework is one of a kind due to its cutting-edge technical
architecture. The Odoo suite of apps is designed to function
in tandem, streamlining and centralizing the automation and
tracking of an organization’s operations so that they can be
accessed from any location and on any device.
As the way in which various
departments of an organization
contribute to its expansion has
evolved over time, so too have
the difficulties faced by those
departments. Integration of
sales, purchasing, inventories,
and production helps modern
businesses expand, but it goes
further than that. Now more
than ever, businesses need
to connect not just their core
processes, but also things like
marketing campaigns, consumer
data, and interactions. Their
suite of apps is designed to
function together in harmony, so
you can streamline and monitor
your operations from a single,
cloud-based location. Odoo’s easy, feature-rich, closely integrated, and painless update software helps businesses of all
sizes and types meet their goals in a way that doesn’t disrupt daily operations or user productivity.
By utilizing the thousands of developers and business experts who have contributed to the Odoo open-source development
methodology, they have created the greatest ecosystem of fully connected business apps in the world.
Odoo’s framework is one of a kind thanks to its cutting-edge technical architecture. To put it another way, it enables them
and their community of developers to offer scalable, high-quality usability for all of our products. Usability improvements
made to Odoo will be automatically applied to all of our integrated apps. Finally, with regular annual releases, Odoo
evolves much faster than any other solution.
Achievements and Accolades Received
Odoo has won numerous awards in recent years, including the INSEAD Innovator Award in 2011, the highest
ranking among Belgian companies in Deloitte’s Technology Fast 50 Benelux in 2012 (with a five-year revenue
growth rate of 1,549%), the Bossie Award for the Best Open Source Solution in 2012 and 2013, the Trend
Gazelles Award in 2013, and the Linux New Media Award for the Best Open Source solution compatible with
the European Accounting System in 2013. Odoo has been ranked number two in the world by Gartner in their
study on GetApp’s ranking of ERP software.
Talking further about Odoo India, it was just awarded the ‘ET B2B Awards 2022’ by one of the leading
newspapers, the Economic Times. Additionally, Mr. Mantvya, director of Odoo India, was recently recognized
as
“one of the top B2B Entrepreneurs” by the Economic Times.
Conclusion
Odoo was designed from the ground up to prioritize the success of its users
while also addressing the most pressing problems faced by their respective
companies. The company was once a one-man enterprise based in Belgium;
nevertheless, the company now boasts over 1250 partners, 2500+ staff, and 4
millionusersacrosstheglobe.Odoohassurpassedthecapabilitiesoftraditional
ERP players all across the world in a significant way. The company’s long-
term goal is to pursue innovative approaches that will make consumers’ lives
easier while also enhancing the company’s operational effectiveness.
30
31

3D
3D
Printing
Technologies To
Create A Better
Tomorrow
Wearelivinginanerawiththeadventofinnovation
andtechnology.Afewadvancementshavecaptured
theimaginationandpotentialjustlike3Dprinting.
Who might have thought that something we all
witnessed in science fiction movies only would
becomeatangiblerealityinthecurrentworld.Now,
3Dprintingisrevampingindustriesandcallingfor
skilled professionals to take it higher aloft. The
impact of 3D printing is particularly being seen
in the biomedical and industrial sectors, where
this technology has opened new horizons for
prototypingandproductdevelopment.Thisarticle
brings light on its implications of this new-age
technologyinourlives.
The emergence
3D dimensional objects were quite an unimaginable concept a few years back. But no, it has become instrumental
in supporting the innovation ecosystem. 3D printing aka additive manufacturing, facilitates the development
of physical objects layer by layer that are based on digital models. Posing as a game-changer in numerous
industries, 3D Printing would introduce endless possibilities to facilitate better customization, efficiency, and
cost effectiveness in favour of businesses.
32
International job
offerings
3D printing is seeping into various parts of
the business world and continues to grow at
a rapid pace. Hence, the demand of skilled
professionals who are proficient in this
technology is increasing day by day. For
companies operating in data and healthcare
sectors, where 3D printing is a cornerstone of
product development, various high-paying
and international job opportunities await. The
key to entering this exciting field is a strong
knowledge base in artificial intelligence (AI),
machine learning, 3D modelling, and, of course,
3D printing.
Roles and responsibilities
Responsibilities in this domain are all about
overseeing the customer experience (CX) aspects
of 3D printing projects. Here, the core focus is
on a unique combination of tech efficacy, project
management skills, and customer centricity. It
exudes the design, testing, and maintenance of
3D printers, requiring expertise in engineering,
materials science, and a comprehensive
understanding of 3D printing technologies.
The focus of the professionals in this field shifts
to developing virtual prototypes with the help
of emulation software. This would require skills
in software development, system architecture,
and the ability to simulate real-world scenarios.
On top of that, the responsibilities have been
extended to training and programming robots
integral to the 3D printing processes. Those
who wish to penetrate this field need to have
a background in robotics, programming
languages, and a keen understanding of
automation.
The takea
w
ay
The rise of 3D printing has
opened exciting avenues for
those skilled in AI, machine
learning, modelling, and 3D
printing technologies. With a
global demand for expertise in
this dynamic field, professionals
can explore international job
opportunities, positioning
themselves at the forefront
of innovation. As industries
increasingly adopt additive
manufacturing, the ongoing
growth in demand for specialised
skills makes 3D printing a not
only impactful but enduring
career choice.
What are its
applications?
The power of
3D Printing is
prominently about
to revolutionise
the biomedical and
industrial sectors
where it will be
at the forefront of
innovations. In the
healthcare sector,
this technology
would be utilised to
create personalised
prosthetics, organ
models for surgical
planning, and even
intricate bio-printed
tissues. Whereas in
the industrial realm,
3D printing would
drive a wave of
rapid prototyping to
allow companies to
iterate designs and
launch products in
the market at faster
pace.
33
Technology

PREFACE
Recognized by Smart 50 Magazine for its efforts in innovation
for multiple years, Accion Labs is a global innovation
engineering company that uses emerging technologies, a
range of accelerators, and a field-tested gated innovation
delivery process to build transformational software. As Accion
simply puts it, “We are thinkers, we are designers, and we are
builders.”
Post earning a good name for itself, Accion is now being
honored by our esteemed magazine ‘Business Connect’ as
‘Company of the year 2021.’
Accion
Labs
ASHUTOSH BIJOOR
CTO
“We are thinkers”, “We are designers” and
“We are builders”
ACCION OVERVIEW
Accion strongly believes that today’s innovation is rooted in a deep understanding of technology levers. This is evidenced by the
fact that disruptions in most industries were caused by innovations that were created by outsiders rather than incumbents from the
industry and by leveraging technology as the primary disruptive factor. A phenomenon referred to as “Inversion of Innovation’’-
where technology Innovation steers business Innovation.
With a belief in this, Accion has strategically organized its many capabilities into distinct Centers of Excellence (COE). Each COE
plays an important role during various phases of the product engineering journey and collaborates to solve business and technology
challenges to maximize value for clients. The ability to admix various COE capabilities in fresh and inventive ways solves unique
challenges, uncovers new opportunities, and unlocks hidden value.
Accion’s cornerstones of expertise include Architecture and Technology Platforms, Cloud Infrastructure, Data Analytics and
Insights, DevOps and Automation, Human-Computer Interface, IT and Operations Management, and Product and Innovation
Design. Employing these cornerstones, Accion builds new and leading-edge software or re-engineers and modernizes existing
software. Sometimes, this existing software is simply maintained and enhanced, to prepare for future-forward developments.
WHERE IT ALL BEGAN
Traditionally, during the first wave of e-innovation technology firms practiced a “waterfall” type model. Firms would raise a large
amount of capital and then proceed to complete a number of long sequential tasks; such as hiring an RD team, defining product
requirements, defining the development and production architectures, and then finally engineering and deploying the product.
Such a process was slow, cumbersome, and fraught with many risks.
As a result of these challenges, many failed to deliver value back to their investors. A trio of experienced technologists started
reimagining the supply chain of software innovation, and on the heels of the early 2000’s, soon after the internet bubble burst,
Accion was born.
Founded in 2011 in the beautiful city of Pittsburgh, Accion
Labs envisioned a better way of building commercial/scalable
products in which the “innovators” used the “building blocks”
of software and focused on assembling solutions versus
building from scratch. Similarly, many hardware centric
companies were already operating in this manner. Accion
knew to assemble quality solutions (using software building
blocks), a unique skill set was required.
Giving this vision life, a model was created which through
engagement with Accion, software companies could rapidly
build their products free of all logistics; hiring, facility set
up, product testing, etc. Such a model enabled companies to
deliver products early and avoid making early-stage fixed-cost
commitments.
HOW ITS GOING
Since its original founding Accion has expanded its innovation
engineering capabilities. Through organic growth and
strategic acquisitions, 22 locations (and counting) are serviced
worldwide and 4500+ engineers work to bring visions to life.
Presently,withthisglobalinfrastructure,Accionishelping100+
clients reimagine their business ecosystem while making social
impacts and increasing stakeholder engagement, happiness,
and value. Such clients include enterprise organizations, tech
startups, SaaS, and platform firms. Industry experience ranges
across e-commerce, fintech, healthcare, hospitality, insurance,
non-profit, retail /supply chain, telecom, to utilities and many
more.
Accion attributes its decade growth to word-of-mouth
referrals; a direct outcome of consistently exceeding delivery
expectations for its clients. To ensure and uphold excellent
service, Accion’s approach focuses on quality engineering,
inherently assuring that the best practices are implemented
and adhered to.
THE DNA OF ACCION
Accion’s motto is “Driving Outcomes Through Actions.”
Through a collaborative environment, solutions are sought for
tomorrow and built today. An expansive and global network
of various career backgrounds, cultures, and experiences,
assimilate to produce world class outcomes.
Accion treats its employees as its clients. Known among the
Accion family as the “Employee=Customer” philosophy. It
is only through the creativity, intelligence, and strong work
ethics of its employees that Accion is fortunate to call some of
the world’s leading technology companies their clients.
Beyond the office, Accion encourages a strong work / life
harmony. Enjoying family and personal time, celebrating
cultural holidays, household milestones, and Friday team
luncheons are essential to connect and elevate employees and
in turn induce quality productivity.
Standing with Ashutosh, and two founders, CEO, Kinesh
Doshi and VP of Sales , Tony Kernan, a dynamic leadership
team drives the success of the company.
COVID -19
As most can relate, the coronavirus pandemic greatly impacted
how Accion operated and continues to operate business. For
Accion,collaborationisanessentialpillarfordrivinginnovation
and the company had to adapt to drive opportunities virtually
following the sudden shift to remove work. The company
continues to overcome this challenge by implementing safe
and creative engagement opportunities through personal
enrichment and education sessions, virtual celebrations, and
volunteer opportunities. As always, the company endeavors to
keep its employees involved and motivated.
Currently and with proper safety protocols, Accion is slowly
opening its office doors and encouraging employees to
come together in person once again.
ACHIEVEMENTS
• Stratus Award for Cloud Computing - IoT (2021)
• Smart Business Magazine - 2018, 2019, 2020, 2021 Smart 50
Honoree Kinesh Doshi (Top 50 CEO’s in Pittsburgh)
• Smart Business Magazine - 2018, 2019 Innovation category
award winner
• Pittsburgh Business Times Fastest Growing Companies in
2014, 2015, 2016, 2017, 2018, 2019
• 2019 Pittsburgh Business Choice Awards “Software
Development”
• Kinesh Doshi was named Entrepreneur of the Year for
Western Pennsylvania and West Virginia Region in 2015
by EY
• 2019 Pittsburgh Business Choice Awards “Software
Development
PLANNING TO…
“Accion plans to continue to expand operations in Mexico and
Romania, and strengthen its existing global locations.”
KINESH DOSHI
CEO
36
37

HTC’S RESURGENCE IN
THE TECH LANDSCAPE
VIA HTC VIVE LINE
HEADSETS
Apple’s recently
launched Vision
Pro has taken the
market with a new
wave of excitement.
In response to its
recent foray, one of
the leading consumer
electronics firms,
HTC expressed its
enthusiasm and
cited its potential to
propel the technology
into mainstream
acceptance. The
market launch of
Apple’s Vision Pro
which is a virtual
and augmented
reality headset on
February 2 marked
a significant change
in the world of tech
giants and pitted it
against competitors
like HTC. To make a
major comeback in
the tech space, HTC
strategizes its focus
on the convergence
of virtual and physical
realities with its HTC
Vive line of headsets.
Cher Wang’s insights
In view of the competitive
spirit Apple has fuelled after
the launch of Vision Pro,
HTC’s CEO and co-founder,
Cher Wang, welcomed the
brand’s latest innovation and
acknowledged the influence
of Apple’s brand reputation
at the global scale. Also, she
mentioned that the high price
of Apple’s offering would be
the pain point they wish to
target. Wang emphasized that it
serves as a catalyst for people to
explore the capabilities of this
evolving technology.
The fast integration of AR and
VR mainstream adoption would
chart a course to major product
development in the future. And
after researching the arena,
Wang pointed to the lowering
of price points and continuous
technological advancements
as catalysts for the worldwide
adoption of this revolutionary
technology.
38
The practical applications
Though the current reservations and limited adoption poses a halt in inclusion, the AR
and VR headsets do have practical applications. In this reference, Wang mentioned an
increasing use in professional settings, such as healthcare, where they simulate work
experiences, aid surgical training, and assist law enforcement to combat the challenging
backdrops.
Beyond terrestrial applications, Wang shared that HTC’s Vive Focus 3 headsets are even
making their way to the International Space Station. There, they serve a dual purpose
– helping astronauts stay physically active and providing visual stimuli, like images of
Earth, to alleviate the psychological challenges of extended space missions.
“Astronauts talk about how they really miss greenery, the air, butterflies,” Wang
explained. “It calms down their anxiety because it is such an enclosed space for many,
many months.” According to Wang, it has the potential to revolutionize entertainment
and gaming space, becoming an integral part of diverse sectors and even contributing to
the well-being of those in extraordinary environments like space.
What could be anticipated
for the future?
As per the report shared by IDC
consultancy, the worldwide
shipments of AR VR headsets
underwent an approximately 8.3
percent downfall last year, reaching
8.1 million units. This downturn
has emerged due to dampened
household consumption and slowed
business spending due to rising
inflation. However, IDC anticipates
a 46.4 percent rise in shipments for
the current year. This optimistic
outlook is fueled by factors such as
the full year’s availability of Apple’s
Vision Pro that would garner big
attention. Moreover, the availability
of Meta’s Quest 3, which hit the
market in October 2023 would make
the technology more affordable to be
used by commoners.
39
Innovation

Transforming lives and battling extremism…
T
his narrative appreciates the thoughtful approach to social
entrepreneurship. At present, it is of utmost importance as it
contributes significantly to the betterment of society. Life After
Hate is a venture that has transformed lives at the ground level with
a sheer commitment to social entrepreneurship. By helping individuals
transition away from violence and extremism, Life After Hate promotes the
values of inclusivity, empathy, and social cohesion. This not only aids in
rehabilitating those involved in extremist activities but also contributes to
the overall well-being and safety of communities. Such initiatives exemplify
the transformative potential of social entrepreneurship in addressing critical
issues and fostering a more harmonious society. Under the stewardship of
its CEO, Patrick Riccards, the company constantly strives to make a mark in
the world by giving hope to people for a brighter future ahead. As a social
entrepreneur, the understanding is clear that success is fleeting, necessitating
perpetual effort, innovation, enhancement, assessment, and iteration to
maintain it. At Life After Hate, success is rooted in a commitment to uphold
and build upon their mission and prior achievements, with a relentless focus
on improvement to meet evolving future demands. The dynamic nature of
violent extremist groups, their recruitment tactics, deployment strategies,
and methods of targeting adversaries continually adapt to align with the
ever-changing landscape of politics, technology, and civic responsibilities
within our nation. Let’s explore various aspects of this venture:
THE PORTFOLIO
Life After Hate, as the nation’s leading
nonprofit organization dedicated to violence
intervention, plays a vital role in fostering
social entrepreneurship. Their mission revolves
around assisting individuals in disengaging from
violent extremist groups and online hate spaces,
facilitatingtheirderadicalizationprocess.LifeAfter
Hate is instrumental in encouraging individuals,
particularly violent white supremacists and
extremists, to confront and acknowledge their
violent histories filled with hate.
Life After Hate began as a peer organization,
founded by former extremists who had taken
responsibility for their actions and aimed
to support those seeking to leave extremist
movements. Over time, recognizing the
complexity of the exit process, the organization
professionalized its approach, setting industry
standards in the process. Today, they provide
peer advisors along with case managers and
recommendations to mental health professionals
to guide clients through their journey.
Moreover, Life After Hate prioritizes its
clients’ well-being above all else. While there is
substantial interest in their stories from various
quarters, the organization encourages clients to
share their experiences only after completing the
exit process, ensuring they are fully disengaged
and deradicalized. This approach grants clients
more control over their narratives and offers the
public a more profound understanding of the
transformation from turmoil to redemption.
Storytelling has become integral to Life After Hate’s
mission. In an era where violent extremism poses a
significant and escalating threat, their stories serve
as essential tools to comprehend this peril and
underscore the effectiveness of solutions to combat it.
RD SIGNIFICANCE
Life After Hate has evolved into a data-driven
organization, recognizing the paramount
importance of research, data analysis, and their
application in shaping their initiatives. In 2022,
they embarked on a comprehensive review of
client records, gaining profound insights into
the demographics they serve. A significant
revelation was that over 80% of their clients
initially approached them with thoughts of self-
harm or harming others. Consequently, Life After
Hate places great emphasis on complementing
their services with the support of psychologists
and mental health professionals to address these
genuine challenges.
Patrick Riccards
CEO Executive Director
Kajal | Business Connect
Moreover, their dedication to research extends to understanding
the impact of counternarrative stories, prompting an expansion
of their storytelling and public education endeavors.
Initiating with a video campaign sharing the personal stories
of those who successfully left lives of violent extremism,
they have now launched The Daily Former. This innovative
media platform utilizes biweekly podcasts, blog essays, and
videos to humanize the issues surrounding extremism and
deradicalization, establishing itself as a premier online resource
for comprehending disengagement and deradicalization from
violent far-right extremism.
A LEADER STANDING OUT IN THE CROWD
Patrick distinguishes himself as a leader with a unique approach
in his role as CEO of Life After Hate. His foremost focus centers
on providing unwavering support to his dedicated team,
who confront the formidable challenge of assisting violent
extremists in their transformative journey. Patrick recognizes
the mental and physical strains his staff encounters, committing
to stand by them at every juncture. This entails facilitating their
professional growth, enhancing their compensation and benefits
to reflect the intricacies of their work, and empathetically
acknowledging their experiences. He sees himself as the coach
of this team, ensuring that each member performs at their best.
On a daily basis, Patrick undertakes the critical task of raising
awareness about Life After Hate and its vital mission. He
understands that this work may be perceived as hazardous or
uncomfortable by some, and it is his responsibility as the leader
to convey the message that violent extremism is a genuine issue
in his country. He strives to highlight the available solutions to
address this growing problem and emphasizes that Life After
Hate stands as a leading force in combating violent extremism.
Having been entrusted with an organization bearing an
extraordinary mission, Patrick is committed to upholding that
mission daily. In this regard, he states,
“It is insufficient for any organization working in this
space to just mean well. Life After Hate is the industry
leader because of three commitments we have recently
made, commitments that are now part of our DNA. First,
we believe in data. Second, we believe in transparency,
knowing that we must share that data – good, bad, or
ugly – with the field to improve the entire industry.
Third, and most important, we believe that licensed
mental health professionals and social workers must be
part of the process and must be trained both in how to
identify and address risks, working in tandem with peers
who have literally walked in the same boots as current
violent extremists.”
THE FUTURISTIC ROADMAP
For the upcoming years, the organization is embarking on
several new public engagement initiatives, aiming to empower
loved ones in their interactions with extremists, enhance law
enforcement’s understanding of engaging with such individuals
to reduce domestic terrorism, and ensure that the latest research
on violent extremism benefits the medical profession, particularly
mental health professionals. A notable achievement is The Daily
Former, a transformative podcast and educational endeavor
offering support to those seeking to leave extremism behind and
embark on a fresh path. This initiative delves into the motivations
behind joining extremist groups, personal experiences within
hate organizations, and the journey to disengagement, serving as
an invaluable tool for education, motivation, and inspiration
while embodying a philosophy of compassion paired with
accountability. Patrick’s daily dedication revolves around
identifying ways to better serve clients and the broader
community, igniting innovation and new opportunities for
Life After Hate’s impactful mission.
MOTIVATING WORDS FROM THE DYNAMO
A mentor once offered me an essential life lesson –
“If you can dream it, then you can do.”
My portfolio is focused on purpose-driven work, doing
what is necessary to change hearts and minds and ultimately
improve society as we know it. Purpose-driven work can be
frustrating and messy, but it is necessary. It requires one
to see the world not as it is, but what it can be and what it
needs to be. As a CEO, I see myself as a coach, an innovator,
and an agitator. Each of those three hats is necessary to lead
that work.
Purpose-driven work isn’t easy. We persevere and we
succeed when we know what we believe in, when we are
clear on our personal North Star, and when we learn to focus
on that work which has the most meaning to us. It is ok to
say no sometimes, as long as we are clear on why we say yes.
So for those looking to get into this sort of work, develop
a strong toolbox of knowledge and skills. Know your
strengths and constantly address your shortcomings.
Constantly seek others in the field to mentor, advise, and
guide you. Learn from your setbacks and mistakes, trying
to not repeat them. If you keep working, and keep learning,
the success will come.
42
43

A GLANCE INTO THE
EMPOWERING INNOVATIONS OF
GenAI tools
Empowering
44
Generating images, texts and videos, just to a set of prompts. Generative AI is taking over the world at a rapid pace. To those who
are not aware of the concept of Gen AI: it is a tool that typically refers to the next generation of artificial intelligence (AI) systems
expected to possess more advanced capabilities and characteristics than current AI technologies. Indeed, there is no agreed upon
definition of “Gen AI” but it usually encompasses AI systems that comprises matchless adaptability, learning capabilities, and
comprehension of the subject matter when compared to the predecessors. For the future of business, AI systems would become
more versatile to process and execute tasks and scenarios. It has been leading to more human-like interactions and decision-mak-
ing processes day by day. Gen AI encapsulates upgrades in machine learning, natural language processing, computer vision, and
other AI-related fields which would shape the future of the business world.
The incessant implementation of GenAI tools by C-suites executives within
their teams and businesses is a sheer result of enthusiasm, flowing with
the trend and an immense FOMO. The drive to include GenAI is in the air.
And as per the Gartner 2023 Hype Cycle for Emerging Technologies, the
surge of GenAI has peaked due to inflated expectations, signifying a peri-
od where excitement and anticipation for its potential have reached their
zenith. Therefore, this exclusive report puts forth the potential benefits of
GenAI that is poised to revolutionize the “trough of disillusionment” phase
in the upcoming future. Well, as per our conviction, this phase typically
spans two to five years and showcases a period where the technology fails
to meet the lofty expectations. With time the nascent excitement may fall
off as reality sets in, GenAI is set to face challenges that disrupt the zeal
of the enthusiasts.
But this does not infer that GenAI is not fit to provide imperative benefits or solve business challenges. What is worth mentioning
is that ventures will need a strategic way to manage expectations, alongside the risks mitigation referring to the implementation.
Delving more into the topic, GenAI tools are all set to be deployed with the focus on incomparable work efficiency that could be
utilized by the organizations by applying them to their internal data and documents. Also, some of the most neglected aspects,
access and file classification policies have long been minimally observed at most organizations.
45
Inadditiontogovernance,theresults
we’ve been getting from GenAI are
not infallible. It’s about developing
a strong foothold for quality control
and good employee judgment. But
in contrast to this, the risks can’t
veil the potential benefits of GenAI.
The only catch is that businesses
need to ceaselessly train employees
to evoke judgment around informa-
tion validity. Also, the discerning
capabilities of how and when to use
this new technology would create a
difference too.

46
www.businessconnectindia.in | Vol. 6 | Special Edition December 2023 INDIA
Call: (+91) 1800-258-7747
E-mail: Inquiry@MatrixComSec.com
Website: www.MatrixComSec.com

T
he Healthcare industry is assisting society with its
standardized products and services by rescuing
people from adversities put forth by the global pan-
demic. Creating harmony in the processes with the
latest trends of the market, many players have pioneered in
the relevant field providing exemplary services to their cli-
ents. Aiming to revolutionize the healthcare industry with
its uniquely ubiquitous offerings, Suquino, Inc. is transform-
ing telehealth with ‘Saffron’, which is a Machine Learning/
AI driven PaaS platform. The Company offers this exclusive
platform, that integrates with the third-party medical devic-
es, systems and software, to enable holistic and remote care
in real-time within a connected care ecosystem.
EXCLUSIVE OFFERINGS- PROBLEMS THEY ARE SOLVING
There are many disparate systems of patient care-provider,
caretaker, specialist, payor and many more, that can slow
down the process of diagnosis and caretaking, impacting the
understanding and treatment of patients. Alongside this, a
fragmented ecosystem emerged from the outdated legacy
systems and silos of data from multiple devices, failing to of-
fer a solution for the holistic needs of people, including access
to physicians and caretakers and more personalized medical
care. The rising healthcare costs have impacted the health and
productivity of the workforce and population adversely. Saf-
fron helps to enhance patient’s health, diagnosis speed and
accuracy, and recovery. This unique platform is ven-
dor-neutral, HIPAA compliant, and secure as well.
Providing a suite of biometric measurements(basic
vitals, waveform, and imaging measurements) with
real-time consultation, it is assisting the physicians to
employ the right support to patients.
ABOUT THE KEY OFFICIALS AND THE INSPIRATION BEHIND
THIS VENTURE
Being an accomplished business technologist and
entrepreneur, the Founder and CEO, Ravi Amble ac-
quired more than 15 years of experience in building
telehealth networks in the IT industry. He has been
well-recognized as a pioneer-entrepreneur in Tele-
health domain springboarded by NASA, by build-
ing one of the the largest telemedicine networks in
the world with the opportunity provided by the In-
dian government and ISRO. The success of this led
to building the Pan-African telemedicine network as
well. The ubiquitous, diagnostic-level PaaS platform
constructed by him- Saffron, represents a next-gen-
eration telehealth system that brings interoperability
among legacy systems and third-party medical de-
vices to global healthcare networks.
Global VP of Business Development, Meredith Soss-
man has more than 20 years of experience in health
care device legal defence, FDA regulatory consult-
ing for early-stage medical device and pharmaceu-
tical companies, and international legal experience
in health-related risk management. Meredith holds
a telehealth facilitator certification from Sidney Kim-
mel Medical College of Thomas Jefferson University.
Her strategic planning in execution has been praised
by client organizations as “authentic, results-driven,
and insightful.”
After experiencing struggles in personal healthcare
and family losses, the adept team of Suquino became
focused on making a platform that is durable and can
A REKNOWNED NAME OFFERING
STERLING SERVICES IN THE IOT
HEALTHCARE DOMAIN
Ravi Amble | CEO Founder
Avishek Singh | Business Connect
serve the chronic care to the ageing population. Their ef-
forts were converged on to render care with dignity and
offer a better quality of life. The unique architecture of
this platform allows it to fit seamlessly into any health-
care ecosystem and bring together, not only the software
and medical devices, but it also allows doctors and care-
takers to connect with patients anywhere in real-time to
deliver diagnostic level of care. This platform can utilize
biometrics and its evolving AI/ML engine, Ginger, pro-
vides physicians and healthcare professionals with im-
mediate data processing at the time of treatment to assist
in diagnostic and care plan decision support for better.
ENSURING COMPREHENSIVE MEDICAL FACILITIES
The whole world has been hit adversely by the COVID-
19 pandemic and amid this alarming situation, it is the
need of the hour to come up with some exclusive health-
care solutions.
The ace Founder of the Organization says, “The COVID-19
crisis has forced the world to witness a global expansion
of telemedicine, but Saffron is a unique solution that al-
lows patients to remain safe at home and still receive a
holistic and personalized diagnostic level medical exam-
ination from the relevant physicians. Patients, who other-
wise would have been forced to go to hospitals and risk
exposure to COVID-19, are prominently using the Saffron
system to remain safe at home, and receive full medical
examination and treatment without any risk involved. It is a
ubiquitous, diagnostic-level platform that can interact and
bring together the myriad of medical software, third party
devices, mHealth wearables and put that data in one place
for seamless, secure sharing and transfer of information
about a patient. Doctors can now stop performing data en-
try in multiple areas and have one place to bring together
the holistic view of their patients to drive better diagnosis
and care options for their patients using Saffron.”
Ravi Amble, Founder CEO
INTENDING TO SERVE MANKIND
With a team that has more than 150 years of experience
in healthcare and technology, the Firm has professionally
and personally invested in helping everyone to have ac-
cess to on-demand, affordable healthcare.
The Founder says, “We believe that there is no better call-
ing for us than to provide this service to the healthcare
global community to serve humankind.”
The intelligent platform- Saffron can converge disparate
medical data stored in systems that do not, or cannot
easily communicate. Saffron’s ability to act as a medical
data information system allows physicians, researchers,
pharmaceutical trials and other healthcare professionals
to bring collective learning together to serve patients and
our community to improve outcomes and share import-
ant health insights.
ACKNOWLEDGING THE NEED OF RD
The Founder understands the significance of Research
and Development that can efficiently help the organiza-
tion in scaling the heights of success. AI/ML is an evolv-
ing arena and the Firm has recently learned a great deal
about the ethical use of machine learning, especially in
medicine. The team is committed to offering a world-
class diagnostic support engine, but knows that no com-
puter will or should replace the judgement of a doctor.
AI/ML could serve as the decision supporters but not as
the decision-makers.
ACCOMPLISHMENTS TO BOAST OF
Suquino has efficiently expanded its dimensions by earn-
ing global co-creation partnerships with Microsoft Cor-
poration and has also been featured at their ‘Inspire 2019
Conference’. The team of the Firm is privileged to see the
Saffron system that is displayed at the headquarters of
Microsoft in its Customer Experiences Center. Along with
this, Suquino has also earned global partnership with
Advantech and also provided an RRK ready solution for
Intel. In March 2020, ‘Saffron’ won the ‘Peer-Reviewed
Health Value Award’ from the Validation Institute.
WORDS TO CONVEY
“Nothing compares to the value of your team, their dedi-
cation and willingness to turn the impossible into possible.
The dedicated team of Suquino knows that vision, hard
work and perseverance will ensure our mission of providing
affordable, on-demand, outstanding healthcare for every-
one, everywhere comes to fruition.”
Meredith Sossman, Global VP of Business Development
Meredith Sossman | Global VP of Business Development
48
49

This question has always raised debates across the business world: Does workplace
diversity play an important role in productivity? We all are surviving through a
hypercompetitive landscape, where organizations are constantly searching for
ways to gain an edge. And workplace diversity is a highly discussed factor, but
does it truly translate to a boost in productivity? In response to this, like most
aspects in companies, boosting productivity is complex that comes from potential
pros and cons to consider. We wanted to be the proponents of diverse workplaces
to highlight several potential benefits via this exclusive article:
1. Escalated Creativity and Innovation: Teammates hailing from diverse backgrounds bring together a wider
range of experiences and perspectives to the table. It is said to be leading out-of-the-box thinking and novel
solutions. It is truly amazing that in 2019 one of McKinsey’s studies found that companies with the highest
levels of ethnic and cultural diversity on their executive teams were 36% more likely to outperform the less
diverse teams on profitability.
2. Improved Problem-Solving: It is well elucidated by business leaders that when diverse viewpoints are
represented, blind spots are less likely to be missed. In a collaborative way, it can lead to more comprehensive
and effective solutions to complex challenges.
3. Better Employee Engagement: It goes without saying that if employees feel valued and included regardless
of their background, they tend to be more motivated, engaged, and invested in their work. And better
employee engagement could directly translate to increased productivity and loyalty. Integration and inclusion
are crucial for unlocking the full potential of diversity.
Well, we talked about the pros of having workplace diversity and now we need to talk of the cons. Here are
some potential roadblocks that could cause ruckus too in a work environment of which the management needs
to be in the know:
How does workplace
diversity scale business productivity?
Startup
50
1. Communication and Collaboration Challenges: Impactful communication and collaboration skills are
essential for diverse teams to thrive along the business trajectory. Training and support can be necessary to
ensure everyone feels heard and understood.
2. Bullying and biasness: Even in diverse workplaces at big establishments, bullying and biased behavior
can rear its head. And this could directly hinder inclusivity and collaboration. Well, if management keeps
addressing and combating bias, it could maximize the benefits of diversity.
3. Measuring the Impact: Quantifying the precise impact of diversity on productivity remains a complex
challenge. Factors like company culture, industry, and leadership styles all play a role.
The takeaways
It is a direct cause-and-effect relationship between diversity and productivity.
And it is difficult to pinpoint with evidence that increasingly supports the notion
that diversity, coupled with effective inclusion practice. Workplace diversity is a
great driver of innovation, problem-solving, and eventually brings business success.
Companies that create diverse and inclusive environments are not only doing the
right thing for their employees but also building a strong foundation for themselves
in this competitive world in the long run. Remember, creating a truly diverse and
inclusive workplace is an ongoing journey, not a destination. By fostering a culture
of mutual respect, open communication, and continuous learning, organizations can
harness the immense power of diversity and unlock their full productive potential.
51

Pathlock | Business Magazine in india | business connect

Pathlock | Business Magazine in india | business connect

Recommended

Recommended

More Related Content

Similar to Pathlock | Business Magazine in india | business connect

Similar to Pathlock | Business Magazine in india | business connect (20)

More from Business Connect india Printers and Publishers

More from Business Connect india Printers and Publishers (15)

Recently uploaded

Recently uploaded (20)

Pathlock | Business Magazine in india | business connect