Changing The World With Deep Tech Innovation
- May 25, 2022
- 3 min read
Written by: Sandy Hardikar, Executive Contributor
Executive Contributors at Brainz Magazine are handpicked and invited to contribute because of their knowledge and valuable insight within their area of expertise.
Human beings have been heading towards a collision course with nature for quite a while now. But, in present day, our world is changing for the worse. Climate change, societal challenges, protectionism, geopolitical conflicts and many such issues plague us. All of this can change by leveraging Deep Tech (technological solutions like Artificial Intelligence, Machine Learning, Augmented Reality, Virtual Reality, Blockchain, Robotics).
Before we look at how Deep Tech can help us in bringing the change through innovation, I would like to direct your attention toward 3 areas we need to focus on:
1. “Change The Society” - Today’s world needs more social, education and financial inclusion. We should help business enterprises and governments around the world to bring about this social change.
2. “Fight Climate Change” - Beating climate change will demand a wide variety of innovations. The majority of society has to play a part in it. When each one of us strives to play a vital role in finding, funding, and growing companies, that create innovative solutions to otherwise unmanageable problems.
3. "Change the Business” - 95% of business enterprises focus on ‘Run the business’ i.e., “keeping the lights on” kind of model. Traditional automation results in efficiency benefits of 5% and, maybe, 2% of productivity gains. But, big and fast change needs deeper ‘Innovation.’ Sadly, only a handful of firms across the globe have their focus on innovation at a deeper level.
So, where does Deep Tech come into this picture and how can it help bring in the required change? Deep Tech has the ability to solve big societal, industrial and environmental challenges, and potentially impact everyday life. Essentially, it harnesses state-of-the-art technologies to create tangible shifts in society
Some examples of Deep Tech innovations that I have personally witnessed are:
Predicting the “Ability to Pay” of borrowers for a Vehicle Finance Company leading to empathy during debt collection process.
Providing real-time visibility for Scope 1, 2 and 3 for EU’s largest 3PL company – helping measure and control Carbon Emissions.
Providing remote assistance for windmill maintenance staff using Augmented Reality for Asia’s largest Renewable Energy Company.
Identifying Digital Assets exposed on Dark Web in real-time for social media firm – helping the company reduce damage to their reputation and data.
Implementing a Zero-Trust Architecture for user & device access for aircraft manufacturers leveraging Blockchain – helping the company to reduce unauthorised access.
This, however, is just the tip of the iceberg. The wheels of change are already in motion. And I would like to take this opportunity to call upon everyone to participate in this change with all their heart. At Network Science, we shall be happy to collaborate with anyone who believes in this purpose and is ready to contribute toward meaningful change.
Sandy Hardikar, Executive Contributor Brainz Magazine
Not afraid of change, Sandy believes in what Ram Charan said “World belongs to those who create change”. He has always pushed himself out of the ordinary & is happy in the courage zone. A strong believer in Deep Tech & Commercial Innovation, Sandy has 20+ years of x–functional experience with specialisation in Business & Geo expansion. With focus on Outcomes for clients, he has always strived to connect the dots, assemble seemingly disparate facts into a cohesive & long term business case. As the CEO & co-Founder of Network Science, he is collaborating with Global Enterprises in "Changing the World with Deep Tech Innovation"
