12 mins
Jan 08, 2024
The summit was an exclusive experience.
From thought-provoking seminars to interactive exhibitions, it served as a melting pot of ideas and opportunities.
Our team engaged with thought leaders, government officials, and fellow entrepreneurs to gain invaluable insights into the future of tech, innovation, and global business trends.
Here is a quick recap of it.
The seminar highlighted the synergistic collaboration between Singapore and India, showcasing the mutually beneficial efforts that capitalize on each other’s strengths.
One of the core themes revolved around green initiatives and sustainability.
During the fireside chat, business leaders from both countries discussed their strategies for reducing carbon footprint, promoting renewable energy, and implementing eco-friendly practices.
To achieve that, advanced technologies such as AI, IoT (Internet of Things), and Data Engineering are crucial.
Sustainability has become a central concern for businesses worldwide.
During the seminar, speakers from both countries addressed the critical issues and opportunities related to creating environmentally and socially responsible supply chains.
It majorly focused on how technology and innovation can play a pivotal role in creating efficient and sustainable supply chain systems.
One such example is – Cloud engineering!
Cloud engineering helps drive sustainability across the value chain by reducing the supply network’s environmental footprints.
In fact, it enables the collection and analysis of vast amounts of data from various points in the supply.
This helps in optimizing routes, reducing energy consumption, and minimizing waste.
Building workforces for the future goes beyond individual company efforts.
And the summit emphasized the power of collaboration and innovation ecosystems to achieve that.
The Fourth Industrial Revolution brings forth disruptive technologies such as AI, Automation, and Data Analytics.
Our team actively participated in discussions about the need for a workforce capable of embracing and leveraging these technologies to stay competitive.
And here we want to mention the importance of the GCC (Global Capability Center) Model.
GCC entity functions as an extended arm of a parent organization.
Hence, it takes care of the learning and development of the workforce.
This approach frees up the organization to focus more on core product engineering and less on the skill development of the workforce.
A skilled and adaptable workforce is essential to drive innovation, enhance productivity, and foster sustainable development.
The seminar mainly focused on the critical importance of skill development.
Participants engaged in discussions about the rapidly changing tech world and its impact on workforce requirements.
Key points discussed included the idea that skills development should transcend geographical boundaries, and collaborative efforts are essential for knowledge exchange and the sharing of best practices.
AR, VR, Gamification, AI-driven personalized learning, and Cloud-based skill labs can be integrated into a comprehensive strategy for global skill development.
Norway has been a global leader in adopting eco-friendly policies and practices.
From renewable energy sources to waste management strategies, the country has set a remarkable example for other nations.
One key area during the seminar was – Digitalization and Smart Solutions!
Because it has played a significant role in Norway’s sustainability efforts.
Discussions revolved around the development of smart cities, intelligent transportation systems, and digital platforms that empower citizens to make environmentally conscious choices.