Akhilesh Srivastava's innovative ideas for installing AI technology in the Business world

Future appears now linked withthe word artificial intelligence. The mimicking of human-like intellectual processes by machines, particularly computer systems, is known as artificial intelligence. AI systems typically operate by gathering an enormous amount of labelled training data. The outcome is then predicted using the data's correlations and patterns, which are evaluated afterwards. Sub-domains of AI include machine learning, deep learning, neural networks, natural language processing, computer vision, and cognitive computing. Different uses of these sub-domains are made depending on the circumstances. While humanoid robots taking over the world is how science fiction books and Hollywood films depict AI, the current progress of AI technology, called Narrow AI, is neither terrifying nor particularly intelligent. Instead, AI has evolved to provide various technical advantages across all industries.

 

For instance, AI performs repetitive activities and professions requiring attention to detail much better than human labour. Thanks to it, large data jobs take much less time to complete, and the results are reliable. The efficiency of AI has already increased in every industry in which it has been used, demonstrating its value. In the case of this highly digitalised system, there is no going back.In all industries, AI has left its imprint. The same applies to business. There are innumerable commercial uses for AI. We'll see how AI will affect business intelligence in the future. Data has been the foundation of contemporary business for many years. Businessmen and entrepreneurs have used it to guide their judgments. AI-powered robots or software agents are going through a similar change in several sectors. 

 

Akhilesh Srivastava is aglobally reputed Digital and Innovative Technology leader. He is the IT advisor to the government of Uttrakhand and the former chief general manager (commercial operations & IT) of NHAI.

 

As an IT advisor,he implements AI technologies to improve administrative efficiency and promptly deliver citizen services. When fully operational, the Big Data Platform Uttarakhand Data Lake will transform the state government administration to the next generation.  It will not only improve transparency and reduce the time taken in decision-making but will also support the administrators in policymaking and taking decisions based on real-time data analytics and simulation of data by the Uttarakhand Data Lake AI engine. It will improve the public delivery system and citizen services efficiently beyond comprehension. Uttarakhand is the first state in the country which is implementing so many web-3 applications simultaneously.

 

Covid-19 vaccine development was accelerated using AI; instead of taking years, the first batch of vaccines was tested three months after the virus was identified. Automation in contact centres, factories, and warehouses all employ AI. Additionally, it allowed them to understand their clientele fully. The human brain cannot digest all of the info; hence there is a cost associated with it. Artificial intelligence (AI) and its role in business intelligence decision-making are helpful in this situation. 

 

As a digital and innovative technology leader, Akhilesh Srivastava has talked at several conferences on AI technology over the last few months, each of which was eye-opening in its way and highly energising in terms of new technology and AI. He spoke extensively on using AI in new areas in global enterprises.

 

Akhilesh Srivastava discusses creating new business practices by building new technologies and AI. Akhilesh Srivastava is a digital and innovative technology leader currently leading Road Safety 2.0 initiative. Road Safety 2.0 is shaping the future of Road Safety in India with AI technology-driven approach to create a human-centric road ecosystem where AI technology compensates for human limitations to improve road safety. 

The field of artificial intelligence has grown over time thanks to technological breakthroughs. As a result, three recognised levels of AI can now be encountered.

 

• Assisted intelligence, which emphasises automating routine activities. Such as the equipment used in assembly lines.
• Augmented intelligence: Symmetry is a byproduct of augmented intelligence. It involves both parties. The goal is to teach robots from human input. Humans, in turn, rely on the wisdom of their decisions on knowledge.
• Automation intelligence: Simply put, this refers to machines' automation of the entire process, cutting humans from the equation. Taking self-driving automobiles and autonomous robotics as examples.

 

It is crucial to discuss deep learning. Inventors and scientists in recent years widely used artificial intelligence. Technology has finally caught up with the advent of faster and more powerful GPUs. In 2015, industry analysts noticed a revival when speedy and strong parallel computing became more affordable. 

 Conclusions 

AI has made its mark across all industries. Similar rules apply to business and government administration. AI will not only improve transparency and reduce the time taken in decision-making in a government organisation but will also support the administrators in policymaking and taking decisions based on real-time data analytics and simulation of data; an example is the Uttarakhand Data Lake.AI has countless business applications. In the future, we'll witness how AI will impact business intelligence. For many years, data has been the cornerstone of modern business. Entrepreneurs and businessmen have utilised it to inform their decisions. Similar changes are occurring across other industries regarding software or robot agents driven by AI. It is essential to talk about deep learning. Up until recently, scientists and innovators have yet to employ artificial intelligence. Akhilesh Srivastava discusses creating new business practices by building new technologies and AI. The development of faster and more powerful GPUs/IPUs has allowed technology to catch up. 

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Advancing Road Construction & Safety 2.0: Mr. Akhilesh Srivastava Led a Global Conference in 2022

 

India is building highways more quickly than ever. By setting a goal of building 100 km of roads each day over the next two years and taking actions to put road safety measures into place, the Government of India has given the highest priority to safe and sustainable infrastructure development with scale and speed.

 

The conference's goal was to identify and encourage new technologies that will hasten social and economic growth under the theme "Building Sustainable Infrastructure with New Age Technologies and Road Safety 2.0." At the Global Road Building & Safety Conference 2022 (GRC - 2022), which took place on November 30, the Taj Palace in New Delhi, Delhi, experienced the warmth of engaging discussions on breakthrough technologies that can alter the future of road safety, road construction, and financing in India and globally too.

As Chairman of the organising committee, Shri  Akhilesh Srivastava, a Global Technology leader, emphasised that modern technology is essential to enhancing road safety. The fact that fatalities on roads increased by 16% in 2021 compared to 2020 is evidence that the traditional approaches to road safety are not working as intended. This is true despite all efforts by MoRTH's and NHAI. With the use of AI, Telematics, and Data Analysis, the session discussed safety precautions. In addition to the sophisticated traffic management system on the highways for improved enforcement, Mr Akhilesh emphasises that we need technology to help drivers to keep them alert and make them safer. Similarly we need technology in vehicles like ADAS to make it intelligent to avoid collisions and accidents.

Sustainable Infrastructure & Building Green with Road Safety 2.0 and New Age Technologies was the conference's theme, which CRRI organized with assistance from Ease of Doing Business (EODB). As the chairman of the organizing committee for the "Road Construction & Safety Conference (GRC - 2022)," he started fascinating discussions on cutting-edge technology in the construction sector through a rare convergence of government, Business, and academia. As a result, how roads are built, financed, and safely maintained in India may be redefined.

More than 50 speakers from Government, IITs, Industry and Experts from various organisations participated in the GRC-2022 conference, which was spread over 11 sessions of talks and presentations over a long day without a tea or coffee break and a jam-packed agenda up till 9 PM. Over 400 participants from India and beyond attended the conference, including representatives from the equipment business, IoT experts, and drone operators. More than ten senior government officials from Niti Aayog, CPWD, MoRTH, NHAI, CRRI, RITES, and IRCON were among the speakers. There were also more than 20 speakers from leading companies in the industry, including Ashoka Buildcon, L&T, 3M, G R Infraprojects Ltd, Cube Highways, OSE, Keltron, Park+, Humasafer App, BITCOL, HP, Indian Oil, and more.

These five main themes were the subject of the stimulating discussions:

1. Innovative technologies for building roads that reduce costs and save time.

2. New environmentally friendly and sustainable building materials with the least amount of carbon emissions.

3. Modern technology for reducing traffic deaths.

4. New financial developments in the transportation sector, and

5. A step toward achieving Net Zero in road construction and lowering carbon emissions.

The budgetary allotment has grown from INR 33,414 crores (Financial Year 2015) to INR 1 83,101 crores (Financial Year 2022). But to create and maintain better and safer roads, we must develop new financial strategies since we can only rely on government assistance for a while. The government initiatives for new finance models through InvIT, TOT (Toll Operate & Transfer), and SPVs were highlighted by Mr Sajany Varma, General Manager (Fin) NHAI. The speaker emphasised that InvITs would soon be listed on the stock market so that retail investors could trade units, giving the average person a chance to invest in infrastructure projects.

Mr Akhilesh Srivastava launched an innovative "School Zone Road Safety Portal" created by IRF in partnership with 3M and Proactive Foundation. The portal is going to be a real game changer to road safety around schools In India. One out of every ten RTI-related fatalities of children between 0 and 14 occurred. Only 17% of schools had speed limits posted on the road, and only 11.5% had school zone signage. How safe are our schools if kids are the most susceptible to road accidents near schools? The portal will record and highlight the discrepancy between road safety features required per the IRC and the road safety features available in the school by displaying it on a single dashboard. This will allow everyone to see the road safety vulnerability near the schools where their children are studying and to exert pressure on schools and the administrative and engineering authorities to make school zones safer for the children and address the shortcomings.

The portal's primary characteristics will be:

1. Schools are ranked according to ratings determined based on the presence of road safety features in the vicinity of the schools and presented on the IRF website.

2. Parents and residents can view information about school traffic safety.

3. For schools, road safety auditors, and engineering authorities & district administration, there are unique role-based login options.

4. Road safety features are scored and submitted quickly, making it simple for regular people to grasp.

5. If any action is not taken promptly, an escalation matrix will be used to scale the issues with the relevant top administrative authorities.

 

Dr Ambika Behl, who presided over the most critical session on How to minimise carbon emission in building a road- a step towards Net Zero emission in road construction, emphasised the necessity of using greener building materials and methods. However, because of the more significant expenses, Ms Atasi Das, Asst. The Vice President of G R Infra project Ltd. emphasised the industry's reservations about using these technologies. However, she emphasised that projects should be encouraged to adopt these by providing enough incentives and subsidies. In response, Senior Environmental Specialist of World Bank, Ms Neha Vyas, described the numerous programmes encouraging eco-friendly products and technology.

Conclusions

Shri Akhilesh Srivastava announced that the GRC-2022's crucial recommendations would be forwarded to the Ease of Doing Business for consideration by various Ministries to obtain policies that could help the construction industry and that the IITs and academia would be given the industry's needs to carry out research that is in line with the needs of the sector to realise the Prime Minister of Atma-Nirbhar Bharat's vision. But to create and maintain better and safer roads, we must develop new financial strategies too.

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