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.

Jul 012017
 

A Student Alumni Meet was organised by the Pune Chapter of Alumni Association and Student Alumni Relations Cell (SARC) under the guidance of the Dean ACR Office, IIT Bombay on 1st of July at Revolution Mall, Kothrud followed by open networking over high tea.

1

The event started off with IITBAA COO Ms. Namita Lobo giving the students an insight into the work done by the alumni association.

The alumni representative Mr. Shekhar and student representative Karan Mantri shared their views about the life in IITs.

2

Mr. Dulal Panda, who is a faculty at IIT Bombay , shared his insight on how to maintain a good academic record alongside the various activities that students can pursue during their stay in college.

Mr. Suneet Chitale from Pune Chapter also informed the students about the happenings of Pune Chapter. This was followed by an open Q&A session where the incoming freshmen and their parents cleared their various doubts publicly. The event concluded with a networking session over high tea.

3

The main motive of the event was to form stronger student alumni relations and clear away the various doubts that the incoming freshmen had.

We saw more than 15 alumni and above 45 students (both current and the to be freshmen) and parents.

4

Mar 252017
 

Arvind talks about new research findings about Lifestyle diseases such as Diabetes, Obesity, Lipid Disorder, Cardio Vascular Disease where Insulin Resistance is possibly the root cause for all of them.

Lifestyle diseases have become biggest threat to health. Understanding science behind these disorders in an unbiased manner can remove many misconceptions and give leads on what to do, especially how to prevent these disorders. He tries to explain generally unknown but very important scientific facts about these disorders with an underlying theme that it is the insulin resistance (IR), which is the root cause for all these diseases, which are all clubbed under what is called metabolic syndrome.

He talks about Diabetes 2 in detail and explain how our body gives us a warning about possible diabetes nearly 15 years BEFORE we actually become diabetic. He discusses how diabetes 2 develops and how its origin is in excess and not deficit in Insulin production.