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Ashok jhunjhunwala, IIT Madras, India
Technology and BFSI Sector
an emerging market view
1 3i Infotech Global Strategy Meet 200
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Phases of Learning
3i Infotech Global Strategy Meet 2002
!ow does one learn " understand a conce#t$
%hen a teacher &or so'e e(#erienced #erson " elder) tells you
and you *+I+-+
Mathe'atical " Theoretical learning. understood in ter's ofjargon" bu// words
!ighest for' of learning. when you can go back and e(#lain theconce#t to your grand'other
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Outline
Introduction +'erging Market
Technology
*SI going forward ront end
1etwork
*ackend Security and Authentication
3i Infotech Global Strategy Meet 200
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!merging "arket India 4hina
-ery arge #o#ulation
-ery arge Market
but at right #rice #oint as affordability is low Teleco' syste's ten years back broke e5en at 627 A5erage re5enue
#er 'onth &A89:). about ten 'illion #hones in India Today;s teleco' syste' designed to break e5en at 6 7 A89:. India
adds
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$hanging Indian %fforda&ility'()" ur&an homes
21.2
15.8
12.8
5.8
3.22
0.8 0.9
0
5
10
15
20
25
100 180 260 360 520 840 1300 3500
Monthly House hold incom e in $
NumberofHH
inmillion
200 2 #er transaction An ATM transaction costs 6 0D27 An Internet transaction costs the bank nil and a 'obile transaction costs the bank nil
+lectronic transaction reduces the costs drastically and enables +(#ansion of custo'er base 4a#turing 'ore and 'ore transaction &s'allest #urchases) by the
bank
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Front/end
3i Infotech Global Strategy Meet 20012
%atch out for.
Mobile based transaction
1atural 5oice based transaction using s#eaker recognition in
'ulti#le languages and I-8 +s#ecially as large sections of #eo#le in e'erging 'arkets are far 'ore
co'fortable with 5oice
%e should take leadershi# in e'bedding these technologies
in each of our #roducts
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0etwork
3i Infotech Global Strategy Meet 2001
*eco'ing o'ni#resent, highca#acity, secure, redundant andreliable ast 'ile on broadband wireless in co'ing years would close
the ga#
ibre can carry astrono'ical bandwidth o5er long distances %ith %a5elength >i5ision 'ulti#le(ing, it carries about a tera
bit #er second A 'illion full screen M9+GB 5ideo carrying ca#acity
4o##er with >S can carry
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ireless' Beware of hye
3i Infotech Global Strategy Meet 2001#
Through#ut de#ends on distances, nu'ber of users, #eak toa5erage reCuire'ent, s#ectru' a5ailable, reuse of s#ectru'
Today;s terrestrial wireless &3GE, %iMa().
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Tomorrow3s 0etwork
3i Infotech Global Strategy Meet 2001)
M9S or Metro+thernet -91 network using fibre, co##er and wireless Satellite in real re'ote areas
4usto'er configurable datarates
1etwork Manage'ent to 'anage traffic, security, network ele'ents,ser5ers, endde5ices including custo'er deskto#s and 'obiles
4an we design these networks$ 4an we de#loy these networks$
4an we 'anage these networks$
2 B
o we design #roducts to be network aware$ +nduser deskto#s 'ay 5ary. not necessarily to# of line
>o we design #roducts kee#ing for deskto# 5ariations$ >eli5er the functionality in 5arying conditions to enable large
5ariety of custo'ers Capture leadership
1osof!!inM
India Monthly !! Inco'e in 6
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Finally
3i Infotech Global Strategy Meet 2002*
My #erce#tion 3i has e(celled in distributed syste's and distributed
'anage'ent !as so'e great #roducts
%ill continue to be the growth engine in years to co'e
In co'ing years Should stri5e to beco'e the technology leader in a few areas
%ould gi5e a distincti5e co'#etiti5e ad5antage