Nandan Nilekani, Non-Executive Chairman, Infosys and the chief architect of Aadhaar shares how India is going digital and transforming into a Post Paid Economy using Data at AIMA’s 62nd Foundation Day 2018. Excerpts –
Today I’ll speak about ‘Disrupting the Disruptor: Finding the next Big Idea’ and I’ll try to give you an idea of what’s happening in India in the world of digital technology, and why is it so special and so unique and why it has such a big impact on our business.
I will talk about three fundamental trends and I would put the facts and figures at your disposal on how India is becoming digital, which means it is becoming paperless and cashless; how is GST becoming business compliant and why is it so strategic for the economy, what’s the impact of that; and what is the role of data in India’s future because data is the most strategic asset of the 21st century. Today, huge battles are being fought all over the world for data. The big issue is the rise of the internet Giants who have huge amounts of data and on that data, they are able to apply AI and keep getting better. So fundamentally what is India’s strategy in terms of data to be a powerful country in the age of data and AI and machine learning?