National
Artificial intelligence to amplify digital transformation: Sikka
San Francisco: The digital transformation can best be achieved by adopting automation and artificial intelligence (AI) and the growing symbiosis between Infosys and Oracle is going to help achieve this goal faster than ever, said Infosys CEO Vishal Sikka.
Addressing a gathering of top innovators at Oracle’s OpenWorld 2015 conference here on October 27, Sikka emphasised on how AI can be a great amplifier to simplify and enable existing landscapes as well as build intelligent systems that help us solve our most complex emerging problems.
“The world is looking at providing services in a better way. I observe three major shifts – focus on experience among consumers, emergence of AI and the ultimate cloud phenomenon,” he added.
Sikka also announced that the Infosys Finacle’s core banking solution – running on new and secure Oracle SuperCluster M7 microprocessor – has set a new record for the number of banking transactions processed.
“The solution supported more than two billion bank accounts with near linear scalability. The results showcase Finacle’s capabilities to manage extraordinarily large transaction volumes to help banks cater to their growing business demands at reduced costs,” he said.
The tests were conducted across a mix of delivery channel transactions that could originate from branches, ATMs, online and mobile channels.
According to Ganesh Ramamurthy, senior vice president (product development) at Oracle, the SuperCluster M7 microprocessor and SPARC T7 and M7 systems offer breakthrough technology for memory intrusion protection and encryption.
“Infosys’ latest Finacle results on SuperCluster M7 demonstrate the superior performance, efficiency and security capabilities of SPARC M7 with Oracle Database 12c and WebLogic Server 12c for critical banking functions,” he explained.
According to Sikka, their future strategy will not be completed without the help from Oracle and its diverse portfolio.
“We together are creating a sort of symbiosis. Infosys is emerging as a great change agent and we are collaborating with Oracle in innovations in java,” he said.
He also spoke about AiKiDo – a new offering that comprise three enhanced service offerings in knowledge-based IT (KBIT), platforms and design thinking.
Infosys has deployed a number of systems that replicate human decision-making in areas such as financial service regulation and ticketing of IT issues, thus enabling productivity improvements by up to 40 percent and saving customers millions of dollars annually.
In addition to this, Infosys is working with global clients to use artificial intelligence to address business challenges.
Infosys is utilising artificial intelligence techniques to solve complex engineering problems in design, testing, and certification of complex engineering products.
“I am optimistic that artificial intelligence techniques will help us solve next-generation problems, and that humans will play the most important part in this process,” Dr Sikka added.
Infosys has delivered nearly 30 projects for clients using artificial intelligence. Many of these first projects have been in manufacturing and financial services.
Infosys is currently developing solutions based on artificial intelligence to solve complex problems in the engineering space.
National
Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.