Technology - ARUN JAIN'S DIARY

Jul 23, 2024

Blogs Thought Articles

Exclusive AI Boot Camp to explore the power of Purple Fabric in financial institutions

During the last 90 days since we launched the very unique AI to Enterprise Connected Intelligence Technology – Purple Fabric, we have been getting validation of the white space in the Industry.

Palantir Technologies as an AI for ops has built a good enterprise platform for imagining and using Gen AI and ML by enterprise users themselves. As Financial Institutions explore how best to adopt AI, they are best served by enterprise-grade AI platforms specifically designed for financial services. That’s where Purple Fabric comes in, leveraging three decades of Intellect Design Arena Ltd’s deep domain specialisation across the world.

Purple Fabric launched by Intellect after 7 years of contextual research helps business managers and product managers imagine possible safe use cases for designing future products by themselves. The product PF Imagine helps Product Managers design and embed Gen AI use cases using the LLM of their choice – without the interface of Data Scientists. They can individually imagine the power of Expert Agents in the product design life cycle, after 2 days of boot camp.

In the last 90 days, Purple Fabric has gone live with 5 clients and we have conducted over 20 boot camps and generated over 50 leads from various enterprises.

I am extending a special invite to SMEs, Heads of Departments and Product Managers to our exclusive AI Boot Camp on August 29 and 30 in Chennai. You can explore how AI can simplify operations across specified functions and discussions within a financial institution through this Boot Camp.

Link to register

July 23, 2024

Banking Fintech Technology Workplace

Apr 30, 2024

Articles Blogs

9 Day Long Emach.ai Summit With 325 Senior Intellect Leaders And Advisors

We just finished the 9 day long eMACH.ai Summit with 325 Senior Intellect leaders and Advisors at our corporate headquarters. The eMACH Summit 2024 was beautifully designed with three blocks of learning, collaborating, and alignment on the exciting journey of Intellect 3.0. 92 delegates from 25 countries participated in two boot camps and the final summit.

We had two Bootcamps – Composable Technologies for Finance Platform of eMACH using Turmeric and Contextual Technologies using holistic Enterprise Business impact Purple Fabric Platform.

In Turmeric Bootcamp, all 300 delegates composed a full loan repayment user journey from Data design, Process design, Ruled design, Event design, API design and interaction design on their own laptop simultaneously. These include global Sales heads to corporate management heads who had not touched or experienced programming in their life. This Bootcamp tested the power of Simplicity of Turmeric where UX, API, and Orchestration can be imagined, coded and tested on a True composable platform.

In Purple Fabric Platform Bootcamp, the 300 senior leaders understand the 9 technologies of AI under one roof, from ingestion and extraction to Gen AI. By 3rd day, they built their own Expert Agents in the area of their choice. The winners of the innovation challenge are not AI architects but the Regional Sales team and Business teams. The First principle thinking applied in designing designing full scale Business Impact AI platform was just magical. The true excitement of using AI for Enterprise Operations simplicity is still palpable.

April 30, 2024

Design Thinking Technology Workplace

Apr 5, 2024

Blogs Thought Articles

Celebrating the 11th Anniversary of Transformation Design Center for Digital and Cognitive Enterprises – 8012 Fintech Design Center

This week, we are celebrating the 11th Anniversary of Transformation Design Center for Digital and Cognitive Enterprises-8012FT, Holistic Design Thinking Space.

We started the Transformative journey of designing a Product and Technology Institution from the service company Polaris since 2009.

During 2009 and 2011, I designed the first Design the Thinking program Unmukt, focused on understanding the art and Science of Human Thinking and trained 1100+ associates at Polaris. We wanted to change the culture of the company from Order Takers to Problem Solvers to Agenda Setters. The initial impact was there but not long-lasting. Then we decided to create an ‘Inspirational Space’ to drive understanding true Customer Desirability by designing Personna Maps and Empathy Maps, observing Patterns and Anti-patterns and then Connecting the dots. 8012 FT, Transformation Design Center for Digital and Cognitive Enterprise, spread over a big expanse of 30,000 Sqft, took 15 months to design on paper by 10 cross-functional designers and 9 months to construct and finish. During 15 months of the Design phase, the team discarded 3 fully designed architecture drawings, including models, before agreeing on the 4th design. It required extreme patience from the design team.

This led to the demerging of Polaris into Polaris as a Software services company and Intellect Design as a Product and technology company in 2014. Here, the journey of ‘Intellect Design’ begins to lead BankTech Wave 5 based on Cloud technology and AI. We launched the First Principle-based Financial Tech Stack, eMACH.ai, the most Comprehensive, Composable & Contextual, last year. eMACH.ai Financial Tech Stack has over 329 Microservices, 535 events and 1757 curated assets for Core Banking, Lending, Wealth, Transaction Banking, Insurance for banks & financial institutions. We take pride that Intellect technology has been adopted by over 300+ global customers across 57 countries.

Today, when we are celebrating our 11th Anniversary, we are satisfied that this centre has contributed to conducting around 500+ DT workshops for Intellect Customers, Corporations, Management and Engineering Faculties, and Government bodies like AICTE, FinBlue, @NIC, NITTTR, DIET, Startup TN, Tamilnadu Industries etc., Academic institutions like Indian Institute of Management, Calcutta, Anna University, IIIT Ranchi, IIITDM, Krea University, BIM, SOIL, SRM University, NIET, Madras School of Social Work (MSSW), RMK College and Corporates like Confederation of Indian Industry, IDP, Cavincare, Maverick Systems, Indian Oil Corporation & more.

The center helped in designing holistic Rural development under Mission Samriddhi by conducting over 150 design Thinking sesions on Leadership, Social, Economic, Ecological, Institutional development. It also hosted more than 25000 Transformative Experience Walks.

Very satisfying 11 years of Self-transformation, Intellect transformation, Technology transformation and ecosystem design.

April 5, 2024

Banking Fintech Technology Workplace

Mar 11, 2024

Articles Blogs

Intellect Launches First Principles Technology Suite eMACH.ai for Middle East and Africa

Last week, I travelled to Dubai for the launch of Intellect’s ‘First Principles’ Technology suite, eMACH.ai, for Technology-suave Bankers in the Middle East and Africa. The trip was a truly holistic experience, allowing me to not only present eMACH.ai, but also gain valuable insights into the region’s financial landscape and culture, which has substantially changed in last 10 years.

My interactions proved to be incredibly enriching. I had the privilege of meeting the COOs and CIOs of three major banks in the UAE, gaining first-hand knowledge about their current strategies. I was particularly impressed by their operational efficiency, evident in their high net margins (around 60%) and low cost-to-income ratios (between 25 and 32%).

Beyond business, I was captivated by the speed of change of the region. The drive from Dubai to Abu Dhabi, a mere 1 hour 10 minutes at 140 km/hour (87 mph) much higher than speed limit of 65 mph in US. I like the way the green trees are planted along the highway with drip irrigation in complete desert.

In Abu Dhabi, the “richer and older brother” of Dubai, I met with a customer of ADIB and engaged in a stimulating discussion about applying first principles thinking.
I could able to visit few Tourist structures built in Abu Dhabi : the Louvre Museum, Qasr-a-watan and the Grand Mosque. All 3 structures are big in size as well with great craftsmanship.

What I liked about the trip that Human can reverse the direction of desertification if they want. I noticed vegetables and fruits from local farms that too in the Desert of the UAE and they were using all bio fertilisers.

Rajesh Saxena Rajeev Kakar Sandeep Chouhan Banesh Prabhu Manish Maakan

March 11, 2024

Technology

Jan 1, 2024

Articles Blogs

Congratulations ISRO for the monumental success of Aditya-L1

In celebrating the triumph of intellect, I extend my warmest congratulations to the brilliant minds at ISRO for the monumental success of Aditya-L1, India’s inaugural solar observatory. This achievement is a shining example of the exceptional intellect and innovative prowess of our scientists, who navigated the complexities of space exploration with unparalleled skill.

Their intellectual brilliance has not only marked a historic moment for India but has also propelled us towards new frontiers of scientific excellence. Hats off to the incredible achievement of the ISRO team!