|
When the winds of change blow, some people build walls and others build windmills.
In Italy, a start-up built emergency ventilators out of diving masks by fitting them with 3D-printed respirator valves for a hospital in Lombardy. These ventilators were in the critical path for the hospital to save lives, and this start-up designed, and 3D printed them in just 6 hours. There are several such uplifting stories where ingenuity and disruptive innovation have been instrumental in changing outcomes for people, communities and even businesses.
At our recent Zinnov Confluence 2020 – US edition, Harmeet Chauhan, SVP & Global Head, Wipro, and Pari Natarajan, CEO & Co-founder, Zinnov discussed at length on how an organization’s ability to innovate at scale will be critical in creating phenomenal value for their customers globally, especially now. They also discuss the Next or NXT in Engineering and how it requires not only technological prowess but also transformation in leadership, talent, skills, and business models. Here’s an excerpt from this conversation:
The previous decade was dominated by “Digital.” Everything moved towards a screen and became central to our lives, so much so that Silicon Valley and Seattle firms in this decade have become the world’s most valuable companies. In this decade, I think the scale and the speed at which disruptive innovation is happening will continue. I believe that it is going to be all about Data, Artificial Intelligence (AI), and 5G and how these technologies will take customer experience to a whole new level.
Now, the Engineering view from a Service Provider like us was traditionally about capability and capacity augmentation. However, with EngineeringNXT, we add three very critical aspects to drive value for our customers:
Yes. Of course. One example is that of a leading Middle East Energy and Utility customer. We set up a Women’s business park for this client, where we hired from the local top-ranking University and trained & deployed engineers to support their engineering design programs. It currently has a workforce of a few hundred and is set up to scale 2x/3x. This has had a huge social impact since it’s a one-of-a-kind and first-ever program for knowledge-based employment for women in the Middle East.
Another great example that I would like to cite for innovation at scale is that of a large online/New media/Digital company. We opened a center in Taipei in 2019 and hired skilled local talent that formed the entire workforce. Even the account team comprised of local talent. Today, for the operations in Taipei, Wipro does significant work in testing the handheld devices for major consumer electronics companies.
The key challenges that customers face today are:
For e.g., Customers today, not only expect the implementation of 5G but also expect us as partners to validate business decisions and bring a definitive shape to their digital transformation journeys.
The COVID-19 virus has emerged as one of the greatest threats to the health of people across the world today. It has the unequivocal potential to seriously disrupt the global economy and industrial capacity.
This has led to both demand and supply shocks, affecting the production of both goods and services. At the sectoral level, tourism and travel-related industries will take the hardest hit as authorities push for social distancing measures, consumers are encouraged to stay indoors, and countries go into lock-downs.
Companies need to find innovative ways to increase efficiency and enhance the ability to survive the current crisis and prepare for similar future scenarios. In my view, there are a few areas that will be different on the other side:
All in all, it is going to be about how we all come together and continue to innovate (albeit in different capacities) and create solutions that take the world forward.
*About PoD – Wipro’s Product POD based accelerated software product engineering model provides on-demand seasoned agile product engineering capability at scale to enable delivering software quickly, reliably, and safely. A POD is a 6-8 members independent, cross-functional team with niche skills, product mindset, and start-up culture.
Are you evaluating whether to build, buy, or borrow as you drive innovation outcomes? Connect with us at info@zinnov.com to be able to drive disruptive innovation at scale.