TCG Newsletter July 2015

TCG Newsletter Issue July 2015TCG June Highlights Techies, Let's Architect Intelligence The conference provided software architects with insight into how software design and architecture will evolve in Trainings Allianz Risk Barometer 2015: Envestnet India in association with the National the near term, and how they can take advantage of deep o Oracle form 11g Association of Software and Services Companies learning algorithms, Big Data analytics, and cloud o Enterprise Business Intelligence Businesses face new challenges (Nasscom) hosted a conference on ‘Architecting computing to provide AI-as-a-Service. This phenomenon from a rise of disruptive scenarios Intelligence’ in the city on June 20 as part of the envisions a cloud-based AI system which enables advisors Formal Reviews Completed for in an increasingly interconnected Nasscom tech series. About 200 software architects from to find the client-specific data they require in seconds, and o BACS Project corporate environment, according across the State participated in this technology report that information in context to clients—and do so to the fourth Allianz Risk conference, and many Allianz architects also attended on-demand from anywhere in the world. Multiskilling Barometer 2015. In addition, the same. o eAlert – Disaster contact application. traditional industrial risks such as Lincoln Ross, Executive Vice President- Envestnet Advisory business interruption and supply The conference provided software architects an insight Services, said that the conference theme was in line with Reusable Library: Hours saved till date in this year is chain risk (46% of responses), into how software design and architecture will evolve Envestnet’s strategy to innovate with intelligence. 4018 Hrs. natural catastrophes (30%), and fire and how they can take advantage of deep learning ‘Envestnet Intelligence’ enables financial advisors to stress and explosion (27%) continue to algorithms, Big Data analytics and cloud computing to test portfolios and provides analytics for practice insights. concern risk experts, heading this provide AI-as-a-service. It is poised to augment financial advisor capabilities with year’s rankings. Cyber (17%) and digital advice to serve tech savvy millennials. political risks (11%) are the most “The possibility of infusing intelligence into systems has significant movers. always been exciting for software developers. The Prateek Kapadia, CTO, Flytxt held a session on Big Data concept of AI as a service is going to transform the way Analytics and Adarsh Singh, VP (Cloud and Managed Further Reading they design and architect software,” said Anilal Ravi, Services), Sify Tech Ltd spoke on Cloud Computing and its executive vice president and senior managing director role in AI. of Engineering, Envestnet India. Did You Know? “The rapid rise of AI in a variety of industries presents many opportunities for IT professionals in India and other The keynote speaker at the conference was Gerd countries,” said Rajiv Vaishnav, Vice President, NASSCOM. Leonhard, CEO of The Futures Agency. He discussed “As a technology leader, you need to be cognizant of, and ‘AI as a Utility’ looking into the scope of AI-as-a-service adapt to the need for, ‘architecting intelligence’ to position in the future, how it would influence software yourself and the products you design squarely at the development in general and business opportunities, and crossroads of this paradigm shift. other related topics. The rapid rise of AI in different industries presents many opportunities for IT Further Reading - AI PPT professionals in India and abroad, pointed out Rajiv Vaishnav, vice president, Nasscom. For more details on the conference Contact Us Artificial Intelligence should not be used to replace humans but to augment their capabilities and empower* Internal circulation only. them. Therefore it is important to maintain a human imperative in embracing Artificial Intelligence as a technology enabler.” Said Gerd Leonhard, CEO, Futures Agency and a noted futurist in his keynote address.