Technology and BFSI Sector

8/12/2019 Technology and BFSI Sector

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Ashok jhunjhunwala, IIT Madras, India

Technology and BFSI Sector

an emerging market view

1 3i Infotech Global Strategy Meet 200


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Phases of Learning

3i Infotech Global Strategy Meet 2002

!ow does one learn " understand a conce#t$

%hen a teacher &or so'e e(#erienced #erson " elder) tells you

and you *+I+-+

Mathe'atical " Theoretical learning. understood in ter's ofjargon" bu// words

!ighest for' of learning. when you can go back and e(#lain theconce#t to your grand'other


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Outline

Introduction +'erging Market

Technology

*SI going forward ront end

1etwork

*ackend Security and Authentication



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!merging "arket India 4hina

-ery arge #o#ulation

-ery arge Market

but at right #rice #oint as affordability is low Teleco' syste's ten years back broke e5en at 627 A5erage re5enue

#er 'onth &A89:). about ten 'illion #hones in India Today;s teleco' syste' designed to break e5en at 6 7 A89:. India

adds


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$hanging Indian %fforda&ility'()" ur&an homes

21.2

15.8

12.8

5.8

3.22

0.8 0.9

0

5

10

15

20

25

100 180 260 360 520 840 1300 3500

Monthly House hold incom e in $

NumberofHH

inmillion

200 2 #er transaction An ATM transaction costs 6 0D27 An Internet transaction costs the bank nil and a 'obile transaction costs the bank nil

+lectronic transaction reduces the costs drastically and enables +(#ansion of custo'er base 4a#turing 'ore and 'ore transaction &s'allest #urchases) by the

bank


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Front/end


%atch out for.

Mobile based transaction

1atural 5oice based transaction using s#eaker recognition in

'ulti#le languages and I-8 +s#ecially as large sections of #eo#le in e'erging 'arkets are far 'ore

co'fortable with 5oice

%e should take leadershi# in e'bedding these technologies

in each of our #roducts


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0etwork


*eco'ing o'ni#resent, highca#acity, secure, redundant andreliable ast 'ile on broadband wireless in co'ing years would close

the ga#

ibre can carry astrono'ical bandwidth o5er long distances %ith %a5elength >i5ision 'ulti#le(ing, it carries about a tera

bit #er second A 'illion full screen M9+GB 5ideo carrying ca#acity

4o##er with >S can carry


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ireless' Beware of hye

3i Infotech Global Strategy Meet 2001#

Through#ut de#ends on distances, nu'ber of users, #eak toa5erage reCuire'ent, s#ectru' a5ailable, reuse of s#ectru'

Today;s terrestrial wireless &3GE, %iMa().


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Tomorrow3s 0etwork

3i Infotech Global Strategy Meet 2001)

M9S or Metro+thernet -91 network using fibre, co##er and wireless Satellite in real re'ote areas

4usto'er configurable datarates

1etwork Manage'ent to 'anage traffic, security, network ele'ents,ser5ers, endde5ices including custo'er deskto#s and 'obiles

4an we design these networks$ 4an we de#loy these networks$

4an we 'anage these networks$

2 B

o we design #roducts to be network aware$ +nduser deskto#s 'ay 5ary. not necessarily to# of line

>o we design #roducts kee#ing for deskto# 5ariations$ >eli5er the functionality in 5arying conditions to enable large

5ariety of custo'ers Capture leadership

1osof!!inM

India Monthly !! Inco'e in 6


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Finally

3i Infotech Global Strategy Meet 2002*

My #erce#tion 3i has e(celled in distributed syste's and distributed

'anage'ent !as so'e great #roducts

%ill continue to be the growth engine in years to co'e

In co'ing years Should stri5e to beco'e the technology leader in a few areas

%ould gi5e a distincti5e co'#etiti5e ad5antage

Technology and BFSI Sector

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