Data is oxygen of digital life: Mukesh Ambani

We are just at the doorstep of fourth industrial revolution, which is convergence of physical, digital and biological sciences, said Ambani

GN Bureau | February 16, 2017


#Reliance   #Digital India   #Mukesh Ambani   #Jio  


Every Indian has a right to live life to his full potential and digital will be a part of that in the coming years, said Reliance Industries chairman Mukesh Ambani.

 
Data is the oxygen of digital life and no Indian should have this oxygen in scarcity, quantity or not have the right quality or affordability, he added.
 
“We are just at the doorstep of fourth industrial revolution, which is convergence of physical, digital and biological sciences so when you have everything converging…. we have the opportunity to solve big problems in a short time and that is why I say that in the next 20 years human kind can achieve much more  than what we have achieved in the last 300 years,” said Ambani.
 
 
The business honcho said that it’s a very exciting time. 
 
“The convergence of all sciences has been brought about by connectivity and data. To my mind data is the new natural resource and fundamentally you have to have a lot of people to generate and use data and in that sense, India is naturally blessed with its 1.3 billion people. We are at the beginning of that era where ‘data is the new oil’ and when we bring all these converging technologies, the benefit that it brings to society is immense,” Ambani said at the Nasscom India Leadership Forum, 2017, in Mumbai.
 
Emphasizing that it is very important to be open, to have partnerships and no to be closed, he said: “That is the strength  of India. We should build on this strength and continue to be open. The world might want to build walls around, it is very important for us not to be influenced by that,  but to make sure we are always open  and connected. There will be issues with  security  and privacy ....if we are clear  of our end objective and  focus on  our goal of development and  improving  lives our  people….this  is the opportunity that we have…  we will overcome the issues of security which are always important.”
 
“Actually (US president Donald) Trump might be a blessing in disguise” Ambani said, adding that it will bring the focus on Indian talent.
 
Ambani said that  Jio stands for affordability, quality and quantity  for all Indians at all times. “With the response we got from Indians, we are overwhelmed. The concurrent action of the industry as a whole spurred by Jio, India can easily be among the top 10 countries in the world in broadband access.  With Jio we now have the world’s first network of all IP platform that covers over 95% Indians. The next  step is partnership. This has been a great journey for $260 billion.” 
 
 “The domestic market is huge and within that what the  Jio platform  offers and  what we expect to partner with the next generation is  to solve  problems for India , to improve life of our people. We have the opportunity to really make sure that we adapt the artificial intelligence, natural language processing and drones in terms of our own logistics .The opportunities are immense and we to have the infrastructure to do it in our own market and make India one of the biggest markets in the world.”
 
 
 

Comments

 

Other News

Fighting Covid-19, India has realized its collective strength: PM

In the face of the Covid-19 pandemic, people of India have realized their collective strength, prime minister Narendra Modi said in a short video message Friday morning. He also urged people to light lamps Sunday night as a gesture of this collectivity. “Today marks nine days of the na

COVID-19 demobilisation: Lessons for public governance

Demobilization, like its predecessor – demonetization, is another decision gone bad in implementation.  In both instances a careful public administrative action through its governance systems could have saved the magnitude of impact particularly on the most vulnerable sections of the society. Th

Don’t fear Corona, fight it

In a bid to break the “chain of transmission” of the deadly Covid-19, India, a country with more than 1.3 billion population, observed a voluntary ‘Janata Curfew’ on March 22. This has been followed by a 21-day, nationwide lockdown from March 24. Prime minister Narendra Modi also re

Sci-Tech Empowered Committee set up for COVID-19

To take speedy decisions on research and development for Sars-Cov-2 virus and COVID-19, the government has constituted a Science and Technology Empowered Committee. The committee, set up on March 29 and chaired by Niti Aayog member, professor Vinod Paul and professor K Vijay Raghavan, princi

Covid-19 and real estate: This could be last straw that broke camel’s back

Covid-19 may turn out to be the last straw that broke the camel’s back so far as the real estate sector is concerned. It broke out at a time when pundits were estimating the GDP to be hovering around 2.5% with unprecedent levels of unemployment. This itself was a good indicator that the real estate s

India ramps efforts as COVID-19 cases rise

As COVID -19 cases continue to rise amid a 21-day lockdown, the centre and the states are proactively taking measures to provide aid to the underprivileged and the needy during this unprecedented situation.         By Sunday morning, India had registered 27



Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter