Microsoft’s Satya Nadella Says India Inc. Needs To Develop Its Tech Capabilities
Indian companies need to build indigenous technological solutions to drive inclusive growth, trust and sustainability, said Microsoft Corp.’s Chief Executive Officer Satya Nadella.
“You (are) going to have an experience that spans devices and senses, and to me, it comes down to how every organisation can ride this wave,” Nadella said at Microsoft's Future Decoded summit in Mumbai on Monday—Day 1 of his India visit. “Indian firms have to build their own tech capability. That’s going to be one of the most defining things in the next decade.”
Nadella said that business models need to use digital technology to broaden their productivity and the cross-sectoral impact in the current decade from being merely marketplaces or aggregators.
Powering Up Azure
Microsoft predicts that by 2030, 50 billion devices will go online globally and over 175 zettabytes of digital data will be generated over the next five years. That comes as devices—ranging from cars to refrigerators—are embedded with digital technologies such as Internet of Things.
The technology giant is building Azure data centres, which at present span 57 regions globally, to help navigate “real-world” needs in a digitally-dependent future, Nadella said. Piramal Glass had used Microsoft’s “IoT fabric” to get real-time manufacturing insights on quality control in its production line, he said.
Skilling India’s Engineers
Nadella said one of India Inc.’s most important investments in the current decade would be on skilling software engineers. “Around 72 percent of new jobs for software engineers are outside the tech industry as the crossover happened in 2017 and forever it’s going to be true,” he said.
- Microsoft’s mission is to empower every person and organisation to achieve more.
- Startups Myntra, InMobi, Udaan are scaling fast on Microsoft’s cloud ecosystem.
- Microsoft is working on driver and road safety with Ola using Artificial Intelligence.
- Cybercrimes cost global businesses $1 trillion in 2019.
- 54 percent of today’s employees will need to go through re-skilling. As we have more computing in our lives, what’s scarce is human.
Watch | CEO Satya Nadella at Microsoft's Future Decoded Summit in Mumbai