Explore the dynamic landscape of technological innovation as we commemorate National Technology Day 2024. From groundbreaking advancements to transformative solutions, join us in celebrating the power of technology to shape our future and drive progress across industries.

Mr. Gaurav Singh, CEO, Vector

“National Technology Day is a fantastic opportunity to celebrate the relentless curiosity and innovation that drives progress. This year’s theme, ‘From Schools to Startups: Igniting Young Minds to Innovate,’ really resonates with me. At Vector, we see the spark of genius in young minds daily and are passionate about nurturing that potential. Innovation is what keeps us moving forward, and one of our strongest allies is artificial intelligence ( AI) for IT operations (AIOPS). It’s not just a fancy term; it’s a powerful tool that can revolutionize how we manage complex IT systems. IT teams are often overwhelmed by the explosion of data from containers, microservices, and multi-cloud environments. This is where Vector steps in by harnessing the power of big data analytics and AIOPS; it sifts through mountains of log and performance data to provide a comprehensive view of assets and dependencies. Imagine being able to see everything happening in your systems, all in one place – that’s the power of Vector Platform. National Technology Day is a day to look towards the future, and at Vector, we believe the future is bright. By fostering a culture of innovation and empowering young minds, we can create a world where technology solves problems and improves our lives. And that’s something worth celebrating!”

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“Happy National Technology Day 2024! At IceWarp India, we honor the spirit of innovation that drives India’s technological evolution. As pioneers in communication and collaboration solutions, we are committed to empowering businesses with cutting-edge technology that transcends boundaries and fosters seamless connectivity. On this occasion, we salute the ingenuity of Indian tech talent and reiterate our dedication to shaping a future where every interaction is enhanced by technology. Together, let’s harness the power of innovation to propel India towards new heights of success in the digital age. Cheers to a future fueled by collaboration, communication, and endless possibilities!”

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Dilip Modi, Founder, Spice Money

“National Technology Day serves as a reminder of how technology has transformed various sectors, especially in finance. The financial services industry has undergone a significant transformation, with technology playing a pivotal role in making services more accessible and efficient.  

The J.A.M trinity, comprising of Jan Dhan, Aadhaar, and Mobile, epitomizes innovation. These pillars have created an ecosystem that fosters fintech advancement, enabling Indian companies to develop a wide range of products and services, including digital payments and lending, among others. Furthermore, the Digital Public Infrastructure has been crucial in driving innovation and growth in the fintech sector, significantly contributing to financial inclusion and economic progress across the nation. AePS and UPI are shining examples of how innovation has revolutionized financial transactions. AePS, often referred to as the UPI of rural India, recorded 470.12 million approved transactions in April 2024, while UPI witnessed 13.30 billion transactions during the same period. These figures highlight how technology has made financial transactions more accessible and convenient, improving lives across the country.

At Spice Money, we’re building on the incredible foundation of India’s Digital Public Infrastructure (DPI). By combining the power of technology with our extensive network of 1.3 million nanopreneurs, we provide financial services in even the most remote villages, going beyond traditional banking to foster financial inclusion and promote entrepreneurship in Emerging India. We firmly believe that technology is the key to unlocking financial inclusion.”

Anuj Garg, VP-Blockchain, ZebPay

“As we celebrate National Technology Day, it is crucial to give credit to the key factors that have exponentially contributed to India’s instrumental journey in the technology landscape in the last few years. Initiatives like Startup India and Digital India, along with public-private partnerships, have fueled a technology revolution. A recent survey by Nasscom-Zinnov suggested that over 950 tech startups were founded in 2023 alone. This showcases the potential of India’s promising tech industry.

At the forefront of this transformation stands blockchain technology, which has massive potential to revolutionize the way we conduct business. According to a report by Hashed Emergent, India has one of the largest Web3 ecosystems in the world, with over 1,000 startups and 12% of all Web3 developers worldwide. With a booming startup ecosystem and established players actively integrating the technology, we’re witnessing a transformation across industries.

Companies operating across diverse sectors like finance, healthcare, and many other fields are actively integrating blockchain to streamline processes and enhance security. The technology’s ability to create a secure, transparent, and widely accessible record-keeping system can help address major roadblocks faced by business leaders. For instance, in healthcare, decentralized storage gives patients the power to control their medical records securely. Blockchain technology also enables secure microtransactions and financial services, which can benefit people who don’t have access to traditional banking. Unlocking this potential requires a collaborative effort with the government, industry leaders, and academic institutions. By fostering a constructive dialogue, we can create a regulatory environment that encourages responsible innovation and empowers the ethical use of digital assets, thereby paving the way for India’s thriving tech ecosystem. ZebPay is proud to be at the forefront of this digital revolution. As one of the oldest blockchain asset service providers in the country, we are continuously innovating to provide the best in class services to our customers in a hyper-secure way. We are excited about what the future holds, and we are looking forward to achieving greater heights.”Read more at: https://cxotoday.com/cxo-bytes/driving-innovation-forward-celebrating-national-technology-day-2024/#