14TH INDIA INNOVATION SUMMIT
India Innovation Summit 2018
India.AI – Driving the future of the world
12-13 July 2018: Hotel Lalit Ashok, Bengaluru
The 14th India Innovation Summit organized by CII Karnataka was inaugurated by Mr. K J George, Minister for Large & Medium Industries and IT & BT, Government of Karnataka along with key industrialists from the sphere of Artificial Intelligence and allied sectors. The two-day conference, with the theme, ‘India.AI – Driving the Future for the World’, focused on the spirit of India, to build an ecosystem that fosters and propels Innovation through New Age Technologies such as Artificial Intelligence, Machine Learning, Augmented Reality (AR) & Virtual Reality (VR) as the foremost pillar of global growth. The summit this year deliberated on topics such as, ‘Myths and Truths of Augmented Reality and Virtual Reality’, ‘Impact of Artificial Intelligence on Smart Farming, Healthcare’, ‘Learning, Automobiles (Driverless Vehicles)’ among others.
Delivering the Inaugural address on behalf of the Chief Minister of Karnataka, Mr. K J George, Minister for Large & Medium Industries and IT & BT, Government of Karnataka, said that innovation has become a buzz word and Government is committed to make Karnataka India’s the innovation hub of the world. Karnataka is the leader in knowledge intensive industries in India, and Bengaluru is listed among the top 25 tech cities by the World Economic Forum. While we continue to maintain our leadership position, the Government of Karnataka endeavors to promote the state as a global technology hub and a leader in new and emerging technologies.
AI would be good for the world provided the technology is used appropriately and this is where the government will have a role. The Government must allow the industry to try out AI based applications in an environment that is safe and secure. We need to create a sand box for the introduction of AI so that we don’t slow down progress, we must create the right regulations to retrain and educate our workforce. India has the opportunity as well as the responsibility to lead the world in AI. India is the third largest ecosystem for startups and it’s the startups that bring out new applications of technology in various industries.
To complement and enrich the conference themes, the 14th India Innovation Summit also featured an exhibition arena to provide experiential understanding of the real-world products of the new human/machine intelligence paradigm. The pavilions covered the diverse sectors of the industry that represented the macro and micro level of the India’s AI landscape and the potential for the global business growth.
This year, the conference also witnessed hands on experience on AI and Design Thinking. Domain experts from these spheres conducted workshops for the target audience and ensured an exposure to these technologies.
Another attraction of this year’s summit was the “Pitch Perfect” which saw CII Innovation Summit’s very own version of the popular reality show Shark Tank. In this, three startups were given an opportunity to pitch their innovations to a panel of three investors, providing them an opportunity to pitch for funding. After the discussions, the judges awarded them a grant to continue their production, with an option for investment after their initial launch.
The two-day event was a platform for like-minded innovation enthusiasts from diverse sectors with a unique mix of corporate leaders, entrepreneurs, Govt. representatives, academia also, one of the best networking platforms as well as a learning experience both for the machines and humans.
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