Feb 252018
 

Atul Marathe introduces us to blockchain technology, crypto currencies and their business applications.

A Crptocurrency like Bitcoin was in the news these days, for different reasons. Some look at it as a fantastic speculative opportunity while others wish it away as something to do with money laundering and diverting black money across borders. Many are too confused with a lot of jargon around it like crypto currencies, hashing algorithms, public and private keys etc. Most of us are curious about what  impact this technology will have in our life, if any.

So this session will address why this disruptive technology – Block Chain is seen as the next big thing after the internet. It is also called the ‘Money of the internet’ world, and how netizens will adopt to it compared to our existing currencies. We will also discuss new business models that will emerge on the internet  Token based remuneration may catch up soon.

It is interesting to see its big impact on under privileged countries with weak banking networks and / or doubtful or corrupt governments with hyperinflation trying to keep tight control on their currency and its exchange. For others its more of an alternate offering. This session will not be a technical session about block chain technology.

Nov 182017
 

In our endeavour to get interesting speakers, the IITBAA Pune Chapter has invited Tomio Isogai to talk about how to do business with Japan.

Tomio is Japanese & is now based in Pune. He has spent his working career with Sharp Corporation last as MD of Sharp India. He was the in 5 foreign countries for more than 20 years mainly in the emerging regions, including his last 6 years in India (New Delhi and Pune).
He has decided to become a bridge person connecting India and Japan with his mission as.
1. Contribute to the bilateral relations in between India and Japan (in commercial, academic, and cultural aspects)
2. Transfer his knowledge, skill, and knowhow to the next generation. (in global marketing, cross-cultural management, human resource development)
3. Promote Indian Yoga and Ayurveda into the fast aging Japanese society.(for healthier, self-dependent and longer life for all)

The title of his talk was ” Look East, Act Global – Cross Cultural Perspectives .” He talked about the history of Indo Japanese relations, how the combined skill of the two countries can lead to India becoming a manufacturing powerhouse. He also is available for helping Indian companies to do business with Japanese companies.

Oct 072017
 

The IITBAA Pune Chapter had invited Vinayak Joglekar (Class of 1977- IITB; Class of 1981- IIM Calcutta) Founder & CTO, Synerzip to talk on “The Future of Work”.

His talk covered 3 areas:

1) The future of jobs- how automation will impact jobs, moving from full-time employee to freelance consultant; shorter, flexible associations; smart contracts and blockchain
2) The future of organizations- Moving from hierarchical spider corporates to star-shaped communities; more agile and lean teams.
3) The future of hiring- using NLP and ML, Maybe DNA analysis for candidate evaluation, lean hiring.
The talk lasted 1.5 hours & was followed by Q & A.

About 60 people attended, mainly IITB alumni. However, there were also alumni from other IIT’s & some from IIM’s. in Pune

vinayak

Sep 292017
 

The IITBAA Pune Chapter had invited Ramesh Adavi to share his knowledge about Data Science with us on the 9th Sept. 2017 Ramesh Adavi did his BTech in Mech in 1979 & an MBA from IIM-Bangalore in 1984.

His interests are:

  • To enhance employability skills of college students, with a particular focus on “Critical Thinking”
  • To provide Business Intelligence and Optimization solutions assisted by Data Science technologies In his words-Data Science, Analytics, Machine Learning, …. are red hot subjects.

At the “basics” level, these subjects are very similar. Essentially, there are NINE techniques that are “foundational”. If these techniques are understood conceptually, a person new to the field will know “what these subjects are all about”. Armed with a high-level understanding, he/she will be able to get into an in-depth study (and discussion) of these subjects, with confidence. These NINE techniques are Classification, Regression, Similarity Matching, Clustering, Co-occurrence grouping, Profiling, Link Prediction, Data Reduction & Causal Modeling.

Ramesh presented this. His talk was well received. The talk lasted about 2 hours & was followed by a Q&A. There were about 70 attendees mainly IITB alumni but also alumni from other IIT’s & from IIM’s.

Jul 292017
 

The Pune Chapter had a Networking function on 29th July 2017 from 5pm-8pm at Persistent Auditorium. The purpose was to foster interactions between alumni of IITB & also amongst other IIT’s & IIM’s in Pune auditorium. The purpose was to foster interactions between alumni of IITB & also amongst other IIT’s & IIM’s in Pune.Persistent auditorium. The purpose was to foster interactions between alumni of IITB & also amongst other IIT’s & IIM’s in Pune.

1) There was a discussion with Radha Shelat & Raghu Iyer (C’81) from Nevis Networks about the company conducted by Nandkumar Kulkarni (C’74). Nevis Networks is the only Indian player in the NAC (network access control) space – competing with Cisco, HP (Aruba), Forescout, Pulse Secure (Juniper).

nevis

Nevis was founded in 2002 to revolutionise network security by offering security for free with every switch port. It focused on insider threats and internal LAN security. It was among the earliest adopters of the model where fundraising and business development were in the Silicon Valley and Engineering was located in Pune. Ajit Shelat (C 1977, IITB) was the founder from Pune. The company accomplished quite a few technological feats. It built its own Network Processor ASIC, motherboards, and embedded switching and security software together with large management software. The company changed its product definition after Cisco coined the term NAC – Network Access Control – with its acquisition of Perfigo. NAC personified LAN security albeit in a limited sense. Nevis had NAC+.

The company went thru a turbulent phase when the US operations were shut down in 2008-09 and the VCs did not fund $10M more, after funding $75M. Nevis focused on enhancing, promoting and selling its NAC products to large enterprises in APAC/MEA. The company managed to secure marquee customers from the largest private sector banks and financial and education institutes – purely on the founder’s charisma and the merits of the product. The company had a major setback when Ajit Shelat passed away in 2010. With a large staff of highly skilled engineers on its rolls and sales yet to pick up, the pressure was extremely high to get the company funded and keep cash-flows positive and employee morale high. Running a product company in India with Hi-tech products targeted at large enterprises costing big bucks, fighting Indian mindsets and prejudices and keeping employee and investor morale high is what the story was all about.

2) There was an introduction to the Venture Center by Dr. Premnath The venture center is India’s leading science business incubator.

There were about 80 attendees consisting of alumni from IIT’s & IIM’s.