Artificial intelligence (AI) and machine learning (ML) are catching up in a big way, particularly in the space of banking and finance. In fact, they are being seen as cornerstones of a digital India vision. AI tools can provide the flexibility and scalability needed for enabling digital transformation for enterprises in the banking, finance, and fintech space. No wonder, the banking and financial sector is leveraging digital to improve customer experience as well as bottom lines. The best part is that this wave is favorable for startups and those wanting to start out afresh as they are not burdened with legacy systems and infrastructure. There are a lot of use cases of such technologies that the industry can take advantage of.

What is digital?

As the technology landscape evolves fast, enterprises are increasingly moving to the cloud. The new technology presents one of the biggest industry disruptions in years. And CIOs need to get their heads in the cloud in order to help their company safely and successfully navigate their digital journey. Batlivala & Karani Securities, a leading financial research and advisory firm, migrated its traditional IT to hyper converged infrastructure. Muqbil Ahmar, Executive Editor, DynamicCIO speaks with Mukesh Mehta, CTO, Batlivala & Karani Securities on the latter’s disruptive digital journey and the migration of legacy IT to converged infrastructure.

Digital Transformation in Action

India’s water sources are dwindling. The depletion has caused droughts and worsened the agrarian situation in Maharashtra and Northern Karnataka, the two worst parts hit by the water crisis. Large parts of Karnataka, Gujarat, Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh are ranked over withdrawal areas. The demand exceeds 100 percent of availability.

India must continue to focus on developing and enhancing clean technology and renewable sources of energy as well as commit to measures to encourage its use, if it has to meet its obligations under the Paris Climate Accord on emission cuts. Moreover, the Union Budget 2018 is the appropriate time if India plans to realize its commitment to install 175 GW of renewable energy of which there should be 100 GW of solar power.

India’s water sources are dwindling and there is a water crisis. The depletion causes droughts and worsens agrarian situation in Maharashtra and Northern Karnataka, which are the two worst hit parts. Large parts of Karnataka, Gujarat, Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh are ranked over withdrawal areas. Demand exceeds 100 percent of availability.

A couple of weeks ago, climate change was placed at the centre of global diplomacy as ministers and countries' representatives from all around the world gathered in Bonn, Germany, for the latest annual round of the United Nations climate talks (COP23). While technical negotiations to carry out the Paris Agreement didn’t produce many fireworks as expected, the meeting saw some important announcements on coal and a new coalition of U.S. climate leaders filling the diplomatic space abdicated under President Trump.

Meet Anny Divya, from Vijayawada (Andhra Pradesh), the 30-year-old Indian woman pilot who has become the world's youngest woman to command a Boeing 777 aircraft. Breaking all stereotypes and societal norms, Anny made history with Air India, the carrier which created a record after it flew across the globe, led by an all-female crew on the occasion of last year's International Women’s Day.

Bollywood actor Deepika Padukone recently opened up about being depressed. Other actors such as Pratyusha Banerjee or Jiah Khan committed suicide. Mental health disorders are common these days. In fact, Deepika Padukone has gone ahead and founded an NGO called Live Laugh Love in order to fight depression.