NASSCOM INDUSTRYPARTNERSHIP PROGRAM

Corporate Konnect Sessions

JANUARY 2018 EDITION

FLASHBACK

IN THIS EDITIONNIPP Vision 1

Pitch Sessions and Discussions 1

Impact 2017-18 1

Partner Case-study (Wipro) 3

Cross-Pollination across Industries 4

Fostering Culture of Innovation 4

Start-up Warehouse in Gurgaon is now operational 5

Our Warehouses – hub of activity in the start-up ecosystem

NIPP VisionAccelerating Innovative Technology Start-ups

NASSCOM Industry Partner Program (NIPP) is India’s largest industry-backed corporate innovation program. We worked with 30 large corporate companies to support their open innovation initiatives. The goal of the program is four-fold:

- To provide a platform for sustained engagement between corporates and enterprise-ready start-ups- To help foster a culture of innovation within organisations- To facilitate thought leadership and open innovation- To facilitate cross-pollination among industries

Impact 2017-18

Pitch Sessions and Discussions 1. NIPP Konnect session at NASSCOM BPM Summit (Bangalore) was held on October 13th, where 7 start-ups participated in the pitch session. It was attended by corporates like Alight Solutions, Diageo, Concentrix, RRD Global and Aegis Global.

BREWING PASSIONFOR INNOVATION

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2. NIPP Corporate Konnect session at NASSCOM Product Conclave was held on November 3rd, where 33 start-ups interacted with corporates in a speed-dating format. The session was attended by corporates like Amazon, Amdocs, Axis Bank, Gartner, Banca Sella - SellaLab, Credit Suisse Services India, DBOI Global Services Private Limited, Wipro Limited, IBM, Kotak, Amex, Yamaha, All State Solution, Coca Cola, Atkins Global, Ernst & Young, PayU, Philips, SAP India Private Limited, Societe Generale Global Solution Centre Pvt. Ltd., Sony India Software Centre Private Limited, Target and Tata Communications

3. Kim Hammonds (Group Chief Operating Officer at Deutsche Bank) visited the Bangalore warehouse with her team and Tarun Sareen (MD, India) on October 3rd, and met with Sangeeta Gupta (Sr VP, NASSCOM) and Ravi Gururaj (Executive Council member, NASSCOM) to understand more about the Indian start-up landscape. She also participated in a roundtable discussion on open innovation with Bala Girisaballa from Microsoft Accelerator and Ravi Gururaj which was moderated by Tarun Sareen (MD, India for Deutsche Bank). 2 Reg-tech start-ups participated in the pitch session.

4. Pepsi’s Harsh K (Director – AMENA IT Strategy, Portfolio and Governance) visited the Bangalore warehouse on October 10th for a pitch session with 6 start-ups. Sri D, AMENA CIO and Saravan C (Delivery Sr. Director IT) also joined in over the call.

5. Banca Sella Delegation, led by Ms. Giada Bono (Director at Banca Sella, Chennai) and Mr. Giovanni Andolfi (CRM and Analytics for Banca Sella), visited the Bangalore warehouse on November 9th and interacted with innovation leads of Goldman Sachs, Wells Fargo, Axis Bank, Kotak Bank and Societe Generale Bank over a roundtable discussion on the journey of banking innovation and how the perspectives differ (and synergies exist) in Indian, European, and American contexts. They also discussed how AI, analytics, and agility are becoming crucial elements in digitally disrupting the traditional banking business and how innovation labs/accelerator programs are supporting the open innovation goals of large banks. Banca Sella team also interacted with 6 start-ups working in the analytics space.

6. A delegation of 23 global functional heads of Thales visited the Bangalore warehouse on 16th November with an objective of understanding the themes of ‘capturing innovation in India’ and ‘working together with SMEs’, and learning how Indian companies could partner with foreign companies like Thales. Delegates interacted with 3 start-ups working in Defence, Aerospace and Cybersecurity - Tonbo Imaging, Tuebora and Aadyah Aerospace.

7. Soren Skou, CEO of A.P. Moller-Maersk, along with his team, visited the Bangalore warehouse on 23rd November and interacted with 3 start-ups in the logistics and supply chain space - Linked Dots, Insight Jedi and KrypC.

8. Biju K, Senior Director, Brokerage Research and Innovation Centre & Fidelity Centre for Applied Technology (FMR), along with his team, visited the Bangalore warehouse on 24th November with an objective to understand the open innovation landscape in India and interacted with 4 start-ups in the wealth management and capital markets space - Hexagon Global, Valuefy, Monk.ai and Tauro Wealth.

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9. Ravi Shankavaram, the Global CIO of New Balance, visited the Bangalore warehouse on 24th November with an objective to explore opportunities for working with Indian start-ups. Ravi met with warehouse start-ups for a discussion regarding their solutions.

10. Aditya Khetarpal, Technical Specialist (Machine Learning) Innovation Lab at Fidelity International, visited the Bangalore warehouse on 29th November for a pitch session. 4 start-ups in the satellite imaging and NLP space participated.

11. Mr. Mario Pieper, CDO of Bosch Household Appliances, visited Bangalore Warehouse on 30th November to interact with 4 start-ups in the home automation space.

12. Dr. Luca Marighetti, Group Head Tech Transformation at Swiss Re, visited the Bangalore warehouse on 30th November and met with ecosystem enablers, investors, corporates and start-ups to explore open innovation opportunities in the Indian start-up ecosystem.

13. Mr. Chaitanya (Open Innovation at Wipro) addressed a new batch of start-ups at NASSCOM 10K Induction Program. He talked about opportunities with corporates for B2B start-ups and Wipro’s joint go-to-market initiatives to support start-ups.

Partner Case Study (Wipro) An Indian private sector bank operating in treasury, corporate/wholesale banking and retail was faced with a problem – random transaction failures in ATMs. The customers were, obviously, dissatisfied and many were switching to other banks. The bank wanted to overcome this hurdle quickly, and while doing so, also wanted to improve customer satisfaction, loyalty and bottom-line performance. Wipro was approached for a solution.

Wipro’s Application Management and Infrastructure Services Management began by analysing the problem, and threw it open to their start-up partner, Vunet, taking into consideration their infrastructure and application monitoring correlation capabilities. Vunet, from its arsenal, took out VuSmartMaps – a big-data-based analytics solution that proactively detects and finds solutions. It gathered machine data across ATM networks and got it under a single dashboard. Correlations were drawn, gathering deep insights into the problem.

The platform’s capabilities such as anomaly detection, machine learning and intuitive visualisation enabled the analysts to zero down on the problem. It was found that the problem was at the queuing system of the core banking application and a solution was built. With the implementation of the solution, the bank witnessed a decline in failed ATM transactions and an improvement in customer experience.

Wipro, by placing its trust on a start-up, had expedited problem solving and managed to add new capabilities for service delivery to complement its existing strengths.

Testimonial by Ashwin Ramachandran, co-founder & CEO of Vunet: “Our relationship with Wipro started through the Open Innovation program of the CTO office. In a short period, the Open Innovation team navigated through the large Wipro Org and helped us penetrate multiple groups of Wipro and its clients. They have acted as a real catalyst in identifying the right business unit connects, giving us the right exposure, mentoring us at multiple stages.

In the last one year, we have signed-up multiple customers of Wipro across verticals and across continents and have been elevated to Gold Partner status. We are also strategically engaged in many transformation opportunities for Wipro’s clients. The pivotal role played by the Open Innovation team in this journey of ours with Wipro cannot be overstated.

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Cross-Pollination across Industries

Philips HealthWorks invited the Amdocs Open Innovation leads to give a talk to their employees. Anup K. and Leo Paulose addressed an audience of about 60-70 people in the People Leadership forum at the Philips Innovation Campus, Bangalore. It was an inspiring talk about how digital technology is disrupting various industries including healthcare (talk by Leo), innovation practices, methodologies, ecosystem engagement models, and how Amdocs creates and sustains innovation & IP machinery internally (talk by Anup). The talk was well received by the audience and there was a follow-up conversation with their head of IP&S on possible collaborations.

Fostering Culture of Innovation

Amdocs Innovation Week is an annual global event targeted at exploring new ways of thinking and celebrating innovation throughout Amdocs. This year’s focus is consumerism and design-led, customer-centric innovation. A 24-hour hackathon was conducted in which more than 1,200 Amdocs employees across 15 countries and 5 continents were challenged to create consumer apps reaching one million users.

The video summary can be viewed at: https://www.youtube.com/watch?v=cweykLNCt9A

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Start-up Warehouse in Gurgaon is now Operational

The latest start-up warehouse is now operational in Udyog Vihar Phase-1 in Gurgaon. It has 70+ seats and 3 meeting rooms (each having a seating capacity of 6), and one 12-seater board room with LED screen for presentation purposes. Also, there is an event room equipped with an AV system that can accommodate up to 80 people. Currently, there are 4 start-ups incubated there, and 6 more will pitch to the steering committee in the 2nd week of February.

Partners & Collaborators

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