Hardik Parekh

Rishad Premji, Wipro Digital Operations and Platforms's chairman, states FY24 was one of the most challenging years in the company's history with reported revenue of $10.8 billion. Read all about it only in my new article at Entrepreneur India. . . . Follow and connect for more industry news and updates . . . #News #Updates #Digital #Announcement #Wipro #RishadPremji #EntrepreneurIndia #AdityaPranMahanta https://lnkd.in/gps4P97W

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Based on some of the good and bad decisions we have made in the last 22 years, what Vinod Khosla says here is worth listening to. Of course, there are many angles to the question of how equity should be shared, this is one of them. In the early days of Sun Microsystems, Vinod Khosla recruited elite talent, hiring people like Andy Bechtolsheim, Bill Joy, and Eric Schmidt. Many people from Sun went on to start or run billion-dollar companies. Vinod explains his reasoning: “Even though they’re coming in later and they didn’t come up with the idea, they will be incredible resources, especially as magnets to attract other people. If you believe a company becomes the people it hires, then your task becomes attracting the best people, and selling depends on magnets.” This what Vinod did with Bill Joy. Vinod gave Bill half his equity even though Bill joined later: “Bill Joy was an incredible magnet. People wanted to work with Bill and Andy. And even if Bill didn’t do a day of work, he was more than worth it because he helped attract Eric Schmidt. I don’t think Eric would have come work for me as a 25 year old.” https://lnkd.in/dz7MiYBQ

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The most common mistake startups make. Not understanding the power of incumbents. Merely offering a superior product or technology is not enough. - At its peak, Koo saw 2.1 million daily active users and about 10 million monthly active users. Firstly, Koo underestimated the power of incumbency, said Singh. “Twitter might have ‘wild’ user-generated content, but it also has a critical mass of users and established network effects. To be honest, people go where the people are. - Focusing solely on tech edge wasn’t enough to lure users away,” she said. Secondly, Koo’s “build it and they will come” strategy proved naive. Thirdly, their funding woes highlight the double-edged sword that VC funding is all about. Every startup has to solve a genuine problem that no incumbent is solving and ensure a UNIQUE product market fit. I feel sorry a genuine Indian initiative like Koo has been unsuccessful. But if other startups and even investors can draw learning from their efforts, it will help the ecosystem tremendously. Wish the Koo team all the best in their next adventure. https://lnkd.in/gE8CDK34

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"The team you build is the company you build." - Abhishek Sharma (Executive, ZestMoney) 👇 Highlights of my chit-chat with Abhishek on building high-performing teams, entrepreneurship, and incubating trust. We discussed a few other topics in greater detail such as # The trust equation (How to build trust with colleagues, customers, and partners? # Investing early (friendships, finance and experiences) # Surrounding yourself with people who make you better every day # and a lot more... The full episode will come out shortly. Stay tuned ⌚ #leadership #professionaldevelopment #consultingvibes #bettertogether Horizontal Digital #lifeAtHorizontal

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Whenever a new technology comes along, large companies think you need to appoint a designated senior leader — a “czar,” in popular parlance with the office of excellence— and it will naturally happen across the enterprise. This, however, is a mistake, according to Sowmyanarayan Sampath. Moving away from a centralized top-down structure, AI implementation now sees ownership distributed among teams closely connected to the work at hand. This shift entails a diverse array of stakeholders providing real-time feedback, fostering a more agile and collaborative approach to AI integration. By involving teams at the frontline of operations, organizations tap into invaluable insights and expertise, ensuring that AI solutions are not only technically robust but also practical and relevant to the specific needs of users. This decentralized model allows for quicker iterations and adjustments, as feedback from end-users informs ongoing development and refinement. Learn more here from Harvard Business Review: https://lnkd.in/evHh8rUu #Leadership #AI #Innovation #Healthcare #Technology #Decentralization

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Interesting and relatable piece by Nutgraf / The Ken Praveen Gopal Krishnan in my inbox today. Few VCs balance this line well, even fewer can project an authentic narrative of what they actually do. In my observation of actions, a VC is a financier first and last, and anything else is marketing until proven otherwise. #vc #startups #india #founder

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#mustread this insightful interview with Ayon Banerjee , our Chief Strategy and Growth Officer, showcasing how Persistent Systems is driving innovation in the tech industry! I am publishing this post from Canada while celebrating Canada Day! 🇨🇦 Today, we joined our Canadian colleagues, partners, and customers in celebrating the vibrant spirit & rich diversity of Canada. On this special day, we extend our warmest wishes to all Canadians. Your unique perspectives & contributions enrich our global community & drive us forward. Clayton Christensen, author of "The Innovator's Dilemma," once said: "Disruptive innovation can hurt if you're not the one doing the disrupting." At Persistent, we've taken this to heart, constantly pushing boundaries in tech innovation. I had the good luck to meet Prof. Christensen in person at World Economic Forum Davos about 8 years ago- thanks to the forum for creating the amazing platform for growth, innovation & social good At Persistent, we're not just adapting to change - we're leading it. Ayon's journey exemplifies our commitment to fostering leaders who shape the dynamic tech landscape. Our approach to disruption aligns with Persistent's core values: 1. Engineering Excellence: Staying true to our roots while embracing modernization 2. Strategic Focus: Concentrating on areas where we truly excel 3. Partnership Ecosystem: Collaborating to augment our capabilities 4. Continuous Improvement: Constantly refining our processes and offerings 5. Client-Centricity: Anticipating and exceeding client expectations Ayon's insights reflect how we're leveraging emerging technologies like GenAI, both for clients and internal operations, keeping us at the forefront of innovation. What sets Persistent apart is our blend of technological prowess and a culture valuing both individual growth and collective success. As we progress as a company, it's our leaders and our dedicated teams that drive us forward. Proud to be part of a company making waves in healthcare accessibility, environmental sustainability, and education - aligning business growth with meaningful global impact. A big thank you to Cynthia Corsetti and Authority Magazine for this excellent piece. Her expertise in executive coaching and leadership shines through, offering valuable insights into disruptive leadership. Read full interview to discover how Persistent is redefining the future of tech https://lnkd.in/e93F2wSH #PersistentInnovation #TechLeadership #FutureOfTech #AIInnovation #ResponsibleLeadership #CanadaDay2024 #GlobalCommunity​​​​​​​​​​​​​​​​ Gartner HFS Research ISG (Information Services Group) Constellation Research, Inc. Avasant Whitelane Research Everest Group Medium Emma Handler Aarti Somaiya Yogesh Patgaonkar, MCC Dhanashree Bhat

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Did you know? India’s Public Cloud Services Market is expected to Reach US$17.8 Billion by 2027 that is 14,86,22,96,90,000.00 in INR.. #indianpubliccloud #publiccloud #digitaladoption

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I'm always excited to see startups do well. It's tough starting a business, so every win – big or small – is worth celebrating. This is why I was so happy to hear that two APAC startups, one from Korea and one from India, have become partners, combining their AI expertise to build something even better! Coxwave, which attended the Google for Startups Accelerator: AI First program in Korea, has created a product analytics and evaluation solution tool named Align AI. It helps businesses understand how well their LLM chatbots are working. Fundamento, based in India and a recipient of Google’s 2023 Women Founders Fund, is a company that makes AI-powered voice bots for enterprise contact centers. They met through the Google for Startups alumni network, and together, they're building a new product that helps businesses use chatbots to answer customer service calls, see how well their chatbots are doing, and make them even better over time! This new product will potentially help many enterprises save money, get more sales, and handle customer calls much more efficiently. It's wonderful to see how innovation can bring people together from different parts of the world. I'm proud that our programs can help make partnerships like this happen. Speaking of programs, we recently held ChangGoo Alumni Day in Korea. ChangGoo is a Google Play program that mentors Korean developers and helps bring their innovative apps to a global audience. An example is groo Inc., an AI-powered plant care app that was part of ChangGoo’s fifth cohort. If you like plants and gardening, I encourage you to read their inspiring startup story here: https://lnkd.in/g4UHnB6h #startups #collaboration #artificialintelligence #ai #smb #developers

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I was watching the movie Ghajini, and it hit me that Sanjay Singhania is the poster boy for how micromanagement can wreck both your life and your business. If you're the CEO of a telecom giant, maybe don't hustle down to finalize ad hoardings yourself. Delegate, or you might just end up with a faulty memory and a scar on your head! What do you guys think? #micromanagement #delegate #movies

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I am looking forward to moderating this panel on how to harness #artificialintelligence for #excellence and #innovation Thank you Shri Nitin Sethi - Adani Group Shri Arup Banerjee - Spectragaze Systems #KrisumiCorporation #Haldirams #Networking #Startups #Investors #RegisterNow #JITO #JITOJIIF #JIIFFoundationDay

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This guy is delivering at a pace unheard of. Cloud migration in a week is a new benchmark. And most importantly, he has set a precedent for all Indian companies to move to cloud by Indian cos. In just a few crores cost of migration https://lnkd.in/dJPZx4ZW *A quick snapshot of Cloud market* Cloud computing has $300bn annual revenues. Globally, the top 3 players capture 2/3 of the market. 2023 revenues below: Amazon AWS - $90bn Microsoft Azure (Intelligent Cloud) - $88bn Google GCP - $33bn The top revenue drivers for these companies are not AI/ML but Computing & Storage - which is purely infra and commoditized i.e your traditional hard disk. Let's appreciate a startup founder who has the guts to stand against these global giants. Krutrim Ola #Cloud #India #BhavishAggarwal

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Q-commerce could eventually replace a portion of traditional grocery store purchases, and the data in this article is undeniable! Two years ago, this concept was scoffed at, but now millennials and Gen Z are embracing the convenience of getting groceries and more delivered in under 15 minutes! The impact isn't limited to groceries. Platforms are expanding into beauty, electronics, and even toys, potentially taking a bite out of traditional e-commerce giants like Amazon and Flipkart. Consumers are clearly voting with their wallets, choosing the instant gratification of Q-commerce over waiting for standard deliveries. This is a game-changer for the e-commerce landscape, and if you're interested in learning more, join me for a LinkedIn Live on 15th May at 4 pm IST where we'll be diving deep into the future of Quick Commerce and its impact on consumer behavior and brand strategy. We'll be discussing the data, the opportunities, and the challenges facing this rapidly growing industry. Don't miss out – register for the LinkedIn Live (link in bio)! https://lnkd.in/dHKf6vnj #quickcommerce #qcom #linkedinlive #firesidechat #quickcom #nuvoretail

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"𝐌𝐔𝐂𝐇 𝐁𝐄𝐓𝐓𝐄𝐑 𝐓𝐎𝐎𝐋 𝐓𝐇𝐀𝐍 𝐂𝐀𝐍𝐕𝐀" 𝐟𝐞𝐞𝐝𝐛𝐚𝐜𝐤: Hey everyone, Check out this sneak peek from one of our first Krut AI customer reviews! 🙌 I recently had a great chat with Ravi Bora from EV Booth, and they shared how Krut AI is blowing them away. They were especially impressed with how Krut AI helps them overcome creative blocks, generate stunning images in minutes, and streamline their entire content creation process. This is just a taste of the incredible feedback we're getting! Stay tuned for more customer stories and demos showcasing how Krut AI is changing the game for brands and creators. #KrutAI #GenAI #CustomerTestimonial #AICreativeGeneration #SaaS #Innovation #Marketing #Advertising #Ecommerce #Canva

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The total number of NRIs and PIOs stands at about ~3.3 crores, possibly the best Indians to sell any homogenous Indian product. Just the top 6 countries account for ~1.9 Crores. The minimum income/month would be around 1-1.5 Lakhs, and net-worth easily 30 Lakhs+ Should Finsire map their net worth across geographies?

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Great insights Sachin Kulkarni !! ‘Be Fearless but not Reckless’ is a great thought & true guiding principle for responsible use of AI. The pivots around #augmentation #automation and #acceleration would lead the future way for GCCs to grow and transform into Global transformation centres, well said!!

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