Suresh spincon chennai 2019 saa s nation - india's trillion dollar opportunity
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- India's software-as-a-service (SaaS) industry has the potential to become a $1 trillion opportunity by focusing on growing the number of $1 billion revenue SaaS companies to 66. - Chennai has emerged as the SaaS capital of India, with the local SaaS ecosystem generating approximately $1 billion in annual revenue and $500 million in funding. It is home to over 15,000 SaaS talent. - For India to truly become a global SaaS hub, it needs to focus on funding more startups and helping them scale organically to achieve unicorn and babycorn status, while also ensuring adequate talent is available.
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The document discusses what agile means for service organizations. It means having the ability to rapidly experiment and create value, being a partner in value creation, and dealing with ambiguous requirements. For service organizations, it's not just about understanding requirements but understanding the customer's business through deep collaboration with customers. It also requires technical and process excellence to support fast delivery and frequent iterations, as well as reworking business models to support the new agile paradigm.
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IT past present and promosed land
This document provides an overview of the history and evolution of information technology (IT) in three eras:
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2) 1995-present: The Internet, disruptive technologies, e-commerce, social media, and big data led to a "big switch". Infrastructure shifted from electronic to digital. Platformization and two-speed IT models emerged.
3) The "promised land": Digital technologies are touching the bottom of the pyramid through initiatives like ePDS in India. The role of IT and analytics in organizations and society will continue to evolve.
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Mahesh Ramachandran gave a presentation on trends and innovations in financial technology (FinTech) that will change customer expectations and experiences. He discussed how demonetization, mobile payments, peer-to-peer lending, robo-advisors, blockchain technology, and other trends will impact customers. A key innovation he highlighted was the Unified Payments Interface, which allows simple and effective money transfers between bank accounts using just a smartphone and virtual payment addresses instead of account numbers. The presentation explained how this new payment system will benefit customers, banks, merchants and the broader financial ecosystem through features like one-click authentication and universal access across interfaces.
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The document discusses the role of the CIO in automation at AGSHEALTH, a revenue cycle management company. It notes that increasing costs and a preference for contingency-based billing are driving factors for automation. Routine tasks involving multiple keystrokes take significant time across employees. The company developed a platform for non-technical staff to create "software bots" that automate routine work through a web interface, using a client/server architecture built with ASP.NET, C#, and SQL Server.
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This document provides an overview of machine learning and predictive analytics. It begins with definitions of machine learning, describing it as using data to learn unknown parameters that allow predicting outcomes. Supervised and unsupervised learning are discussed. The machine learning process involves using optimization techniques like gradient descent to learn parameters that minimize error. Examples of machine learning applications in areas like facial recognition and recommendations are provided. The document also describes Quadrant 4's machine learning process and a case study on using machine learning to predict battery failures.
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- 3. Disclaimer: Everything I say here, may have a counter argument and there may be specific cases to support that counter argument. “
- 4. 66
- 5. Indian IT Industry Source: NASSCOM Growing at ~8% $167 Billion FY2018
- 6. @8% YoY Growth, it is going to take 25 years to get to $1T
- 7. Value / Revenue arbitrage 1.5x to 2x Best 2-3x
- 8. Revenue : $100M Value : $1.5B Value / Revenue - 15x Source: Public (all over the internet)
- 9. That’s Order of Magnitude 1.5x vs 15x
- 10. $1T / 15 = 66 . 66 - $1B Revenue Companies!
- 11. 100,000 Small companies doing $1m revenue 1000 mid sized companies doing $10M+ 66 Unicorns
- 12. An ecosystem should focus on a startup sector most closely related to its strongest traditional strengths relative to global competition “ Source: Startup Genome Project Report - 2018
- 13. US India China Israel US India China Israel
- 17. Next best girl “The best result comes when everyone in the group does what is best for themselves and the group” - Nash
- 18. Chennai SaaS Capital of India
- 23. Can India be a Global SaaS Hub?
- 24. Funding Organic BabyCornsUnicorns Funding is non consequential $250M $25M $1M $0M
- 27. Inbound = Global Reach KiSSFLOW in 160 Countries
- 28. Global Enterprise Customers Media and High Tech BFSI Health and Utilities Manufacturing Consumer Media and High Tech BFSI
- 29. Indian Customers
- 30. SMBEnterprise India/Asia Global SaaS Opportunity Segments & Players
- 31. Are you up for the Trillion Dollar game?