Colloquia

Embracing Blockchain: Financial Inclusion, Transactions and Development in the 21st Century : Scaling these benefits to every town and every village through Financial Inclusion powered by the Blockchain has the potential to elevate the quality of life of billions of people around the world. We are at an inflection point in our development where sustainability, movement and access to information are critical. It is important to understand the underlying technology and unearth the possibilities in order to make the best use of this tremendous opportunity that lies ahead of us. The future is digital, and the pay-offs of making the right moves through the Blockchain can be enormous.

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A Brave new Digital World for HR : A look at what’s happening in the industry shows us that the scenario outlined at the beginning of this article is not that far off. If Microsoft’s acquisition of LinkedIn was the opening gambit, the recent announcement of a global strategic partnership between Microsoft and Workday is the next move in this game. Integrating Microsoft’s Office365 platform with Workday’s finance and HR applications and then enabling LinkedIn’s networking piece on top of that will create a powerful platform that will, in their words, “enable customers to simplify day-to-day tasks, foster collaboration and increase productivity”. Welcome to the brave new world.

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Research in Focus : Title - The Role of Big Data and Predictive Analytics in Retailing. The paper examines the opportunities in and possibilities arising from big data in retailing, particularly along five major data dimensions—data pertaining to customers, products, time, (geo-spatial) location and channel. Much of the increase in data quality and application possibilities comes from a mix of new data sources, a smart application of statistical tools and domain knowledge combined with theoretical insights. 

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Case Study in Focus : Title - Modak Analytics: Shaping the Future in Digital India? In 2008, Aarti Joshi, founder and CEO of Modak Analytics, returned to India after working in the data analytics space in the US for seven years. At that time, India's SMEs were unaware of the benefits of using their POS data to differentiate themselves from competition. Hence, Modak Analytics was incorporated to serve these SMEs. However, soon the CEO realized the diminished potential of this target market, which was plagued by wafer thin profit margins, lack of long term strategy for their companies, and lack of awareness towards the benefits of big data analytics.

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Digital Transformation of the Public Distribution System: Need for impact evaluation using a Supply Chain Perspective : The public distribution system (PDS) in India is the largest food security system of its kind in the world. It is the primary delivery vehicle to fulfil the mandate of the National Food Security Act (NFSA) 2013 of providing subsidised food grains to up to 75% of the rural and 50% of the urban population. At present, commodities worth 150 billion are distributed annually to around INR 150 billion families through more than half a million fair price shops (FPSs) in the PDS.

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An Insight into Robo-advising: Technology is disrupting existing business models and creating new opportunities in the financial services industry. Focusing on one particular aspect of fin-tech, Krishnak Parekh and Nandini Basu of PGP Co2017 put together a report to understand the evolution of the robo-advising industry. Here are some key insights from the report.

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