Start-ups have huge potential,say speakers
All speakers at the two-day IT Conclave Destination IT @ North agreed that,start-ups have huge potential and a bright future with so much of innovation happening. Industry experts,including NASSCOM president Som Mittal,highlighted the increasing participation and importance of young entrepreneurs in the IT industry. Many such entrepreneurs with innovative ideas participated in the conclave.
Sunali Aggarwal,a post-graduate in New Media from National Institute of Design who went on to study at New York Film Academy,established BEON Systems in 2012,which she prefers to call a creative outlet. It provides simple and effective Front End Design solutions that make it easy for users to interact with product and services.
According to Aggarwal,BEON Systems steps in at the conceptualisation stage and stays with the user till the development phase. They claim to specialise in creating user-centered interfaces that deliver a superlative user experience.
Talking to the Newsline,Aggarwal said,The Indian IT sector is at an interesting point. While India has proved its capability in the field of IT and Technology,its capabilities in delivering world-class designs is still being questioned. We see a lot of companies here that work as only development partners for business associates abroad. We need to change this approach and create products which delight our users rather than just solving a mathematical problem for them.
Another start-up much appreciated by visitors was AgentsBids. Launched by 13 young innovators from the city and region in August,2013,it is a portal which provides Local Services Bidding Platform.
It links people using it with valid and trusted agents who live in the neighbourhood or town to help them get best deals for services like insurance,real estate,travel and loans.
All one need to do is log-in and post the requirement,which could be a holiday package,medical insurance,car loan,personal loan or a house. It claims that within a few minutes,the person who has logged in would receive multiple bids from AgentsBids verified agents.
After this,one needs to browse and assess all bids following which he can accept the one that suits the requirement. The person will get a response only from the accepted bid,as personal details are kept confidential.
Those who hunt rabbits are rarely able to rope in elephants
The concluding note at the two-day IT Conclave Destination IT @ North was full of wise words from Subroto Bagchi,founder chairman of Mindtree Limited,a global information technology solutions company and author of books including The Elephant Catchers,speaking on the occasion.
Bagchi spoke on issues like leadership and role of young entrepreneurs in providing quality service. Those who hunt rabbits are rarely able to rope in elephants, he said using the analogy that forms the basis of his recently published book too.
Stressing on the role of young entrepreneurs Bagchi said, A large segment of our population is aging and will require services for their safety,comfort,security and entertainment. Young entrepreneurs can solve this by adopting innovations in using information technology.
Speaking on leadership,Bagchi said,What differentiates a leader from a follower is that a leader wants to leave a legacy behind and hence strives to scale adversities and emotional intellect. It is imperative for a leader to scale up his team and build more leaders. Before scaling up businesses,the young entrepreneurs must scale their minds and intellect as also of their teams. He added,A leader builds intellectual infrastructure to create real differences,but it can sustain only if the third dimension of emotional infrastructure is also created around it.
He also called for entrepreneurs to create a dynamic digital strategy to carry their content and be keen to learn from little known sources.
Referring to infrastructure as the most critical factor,he said,In most of our cities unfortunately,physical infrastructure leaves a lot to be desired. However,as I have been travelling across 16 cities of India,four in each region,I find Chandigarh is the best. Bagchi also told IT entrepreneurs that though IT offers immense opportunities,yet every youngster should be ready to diversify.
Citing examples of some small entrepreneurs,who scaled up operations elsewhere in the country and touched thousands of lives,like Suguna Chicken of Coimbatore and Seematti,a young widows saree brand from Cochin,Bagchi stressed on the importance of scalingup.