#Innovative

  • Expert talk on corporate innovation through finance partnerships

    The role of finance is evolving to enable corporate innovation. Shobana Rajagopal drew from her experience as the revenue controller in Microsoft India and shared her understanding of digital transformation in finance partnerships. Speaking about how COVID has affected industries and its core operations around the world, she observed that acceleration of technology that should have happened in a time span of ten years happened in one year. This probably happened due to the unavoidable circumstances which pushed industries to work on technology and digital transformation as soon as possible. In the context of industrial revolution 4.0, the transformation process involved engagement of customers through products and services with great customer experience, empowering employees by up-skilling them with the newest technologies, optimising operations by segregating repetitive tasks to automated systems and finally transforming products to become more digitally equipped. The process of growth involves hyper scale, hyper flexibility and hyper security. Innovation includes augmented and mixed reality where the objects residing in the real world are enhanced by computer generated perceptual information, machine learning which consists of computer algorithms that can improve experience automatically through the use of data. In the area of finance, statistical models are used to make predictions, detect frauds and provide financial advisory services to the stakeholders. As a result, intelligent products and services have evolved. The technology imperatives in the field of finance include: automation and robotics, data visualisation, advanced analytics and perspective analytics. An example of real time financial info is using MS excel where emphasis is on consumption of data and the best way to deliver insights. Advanced analytics for finance operations is about the optimisation of algorithms and knowledge of tools. Perspective analytics for business and sales operations focuses on the organisational health and the move from telling stakeholders from what happened to what will happen. As stakeholders are resistant to change – the best way to deal with change is to deal with it. In the past financial functions included: book-keeping, payables and receivable, reporting and controls and tax and compliance. In the present situation, it has evolved to be more of strategic planning, treasury and working capital management, capital budgeting, risk management and corporate strategy. Given the example of Amazon, they are doing well in terms of R&D, strategies and business development act as key contributors. Digitalization, adoption of new technology, bots and algorithms are important to stay competitive. Equally important are building a digital financial function with clear vision of expected targets, link to overarching business strategy, bridging skill gaps which is current capability versus modern finance, refining competency models and finally adhering to companies’ securities standards. Reimagining the finance work force in an agile operating model where finance teams can quickly share expertise when needed most is critical to the organization's success. The diverse set of views might deviate a bit but new ideas might spark which would help in the long term. Ms. Shobana Rajagopal, qualified Chartered Accountant and experienced corporate executive delivered the expert talk hosted by department of management studies on February 22, 2022.

  • PES University (PESU) signs off a MoU with NEUBERG ANAND ACADEMY OF LABORATORY MEDICINE (NAALM)

    PES University signed off a MoU with Neuberg Anand Academy of Laboratory medicine (NAALM) a sister concern of Anand Diagnostic Laboratory located at Shivajinagar, Bangaluru PES University Vice Chancellor, Dr. Surya Prasad J and Director of NAALM, Dr. Sujay Prasad signed off the MoU and exchanged the documents.

    Purpose and Aim of the MoU:

    The MoU is for PES to build automation solutions for the specific use case around registration and segregation of patient samples in close cooperation and inputs from NAALM. This MoU is a good first step in strengthening the bilateral co-operation and mutual understanding for the field of automation appropriate for diagnostic centres. Such automation can be applicable to tasks involving robots and processes, data science and analytics, image processing, machine learning and many more.

    Nearly all the processes and procedures in the laboratory are automated and done with minimal human intervention. The current project is focussed on automating Registration, Segregation and Archiving of human samples collected in standard test tubes.

    Dr. Sujay Prasad and experts at NAALM are well versed in the workflow, system requirements and project details that must be met. NAALM has kindly chosen PES University and given this amazing opportunity to learn and grow with the project. This is the first of a kind opportunity for faculty and students to develop and deploy the solution from scratch. PESU will make attempts to produce innovative ideas and get started with the protyping along with improved details. With inputs from NAALM, the automation solution will be built based on:

    1. Armed Robot with desired DOF (Degrees of Freedom)

    2. Conveyor Belt

    Duration:

    The duration of the project is tentatively about 1 year that includes a prototype development with deployment initially the centre for testing.

    Team:

    The team in action will comprise students and faculty members from Electrical and Electronics Department and Mechanical Engineering Department at PES University collaboratively and the project will be guided through CRAIS (Center of Robot Automation and Intelligent Systems).

    Funding:

    NAALM will provide a funding of about Rs. 5 lakhs to support the project that will be paid in phases as project execution progresses.

    Thanks to NAALM for providing a fantastic opportunity for PES University to support the project. 


  • Talk on entrepreneurial mindset in the age of Industry 4.0

    Entrepreneurship continues to attract the best talent with rapid change to technology, industries, and societal patterns and processes powered by increasing interconnectivity and smart automation. The session conducted by Mr. Sathya Prasad focused on Seeds of Entrepreneurship. The discussion on innovative competencies for commerce, key elements required for entering the market and tech-based entrepreneurship demystified the term start-up. He outlined the changes in technology and innovation during a pandemic highlighting the facts that customer digital interaction has increased during the pandemic, and the growth of about 38% in 3 years indicates a rapid shift in digital. He observed that E-commerce has grown in eight weeks during the pandemic which is equal to the growth in the past ten years and remote learning has seen an increase of 250 million in two weeks. Mr.Prasad spoke about the global rise of start-ups, the flow from the capital economy to the knowledge economy to the entrepreneurial economy today mainly due to disruptive changes. He touched upon the paradigm of innovation driven entrepreneurship and combination of technology, innovation, and entrepreneurship, and illustrated how they are co-related, with the essence of entrepreneurship at the center of all three. Mr. Sathya Prasad, Director of Centre for Innovation & Excellence, PES University delivered the insightful talk on entrepreneurial mindset in the age of Industry 4.0 at RR campus on December 7, 2021.


  • Mixology competition

    Students got an opportunity to learn styles and techniques to curate classic and innovative on the spot cocktails. The Mix-it-to-fix-it competition for testing impromptu mixology skills was judged by Mr. Pradhyumna celebrated bartender and PES alumni, Mr. Sikdar, mixologist and Ms. AR Lakshmi Raju owner of Sherlock Taproom. The jury shared practical insights about mixology in the event organized on RR campus on October, 28, 2021.

  • Short film making competition

    The competition titled, Chase to the cut brought forth the benefits of sketching by way of enhancing creativity and strategic thinking. Team Vismaya emerged winners followed by team Swara in the competition organized by the Abhinayaveethii Club of HN Campus on September 13, 2021.

  • Digital India: The Way Ahead

    The online symposium highlighted the efforts and success of the Indian entrepreneurs in using digital technology to overcome problems unique to our country with innovative solutions. Dr. Mohandas Pai spoke on India as a nation of start-ups and painted the picture of the large canvas of opportunities that await entrepreneurial minds due to the rapid evolution of technology and the thriving start-up ecosystem that is being built in India for which Bangalore is the hub of activity. Aprameya Radhakrishna, spoke about Koo’s launch and its growth amidst the pandemic and the importance of the role that Indian regional languages have to play in the penetration of digital technologies. Vivekananda Hallekere, talked about how Bounce a dockless self-drive scooter service uses a patented keyless technology that lets a user pick up the nearest Bounce scooter and drop it off at any legal parking zone near their destination. Dr. M R Doreswamy, chancellor, PES University stressed that students must be encouraged to go beyond academics and explore the depth, dimension and opportunities that future technologies hold for their career advancement. The on-line symposium was organized as a part of the course on Digital Transformation by the students of the Department of Management Studies, MBA Program on Aug 14, 2021.

  • Bin less, Recycle more! Event

    The event presented a challenge before the participants to come up with innovative ways of recycling that reduces waste. Participants came up with ideas about putting together waste materials into something new and useful. Shrathmika S, Sonal Agarwal, Sriraksha S Bhat, Ghanashyam Bhat, Suraj S emerged as the winners in the contest. The event conducted through submissions on Google Forms was organised by CSR Club of RR Campus from June 14-17, 2021.

  • Celebrating World Environment Day

    Widespread awareness about the issues facing the environment among the students came to the fore with their enthusiastic participation in contests with the theme of Care Nature - Nature Cares. The contests in painting, photography, sketching, poetry also covered singing, slogan writing and poster making. The Department of MCA organised the contests to celebrate the World Environment Day on June 5, 2021.

  • Spellbinding adaptation of popular game show

    Adapting Family Feud, the popular game show, student club Equinox mixed the easy format with the competitive spirit to make answering correctly in the heat of the moment a tough challenge. The preliminary round with 43 teams led to face-offs in subsequent rounds between teams as in the original game. The final round with some of the more technical questions caught the participants off guard. After a close battle the team Kadlekai with their crisp and perfect answers emerged as conquerors. Club Equinox created a website to simulate the game show right from the stage setting to the framing of the questions. The team of Sowmyaa Shridhar, Shashank H S, Akash Mahdev, Anirudh Rowjee, Lakshmi Narayana, Prajakta Santosh, Raghvendra Agrawal, Siri and Aditi Adhikary organised the game show on May 27-28, 2021.

  • Capturing food in pictures

    The food photography competition saw students capture the beauty of food with creative angles, lighting and presentation. Kiran S of Sheshadripuram College and Jahnavi A, student of Biotechnology at PES University bagged the first and second prizes. The on-line contest was organised by Chitraka, photography club of PES HN campus on April 23, 2021.

  • Engorgio food festival

    The food festival inspired by story of Harry Potter featured food presentation influenced by the props in the movie and the ambience that was closer to that of Hogwarts castle. The photo-booth, Harry Potter family tree, book of spells, mock-tails and games added to the excitement of enjoying great food. The food festival inaugurated by Sagarika and Rahul Somshekar was graced by Dr V Krishna, Dean ,Student affairs on March 24, 2021 in the PES University RR campus.

  • Commemorating Indian independence struggle

    Commemorating 75 years of Indian independence, and as part of the Government of India’s Azadi ka Amrut Mahotsav, Write Angle conducted an essay-writing competition. Contestants chose to write on one of two topics: “The Butterfly Effect: Dandi March”, and “Blood in the Place of Ink: Literature, Independence, and the Vernacular”. The topics allowed participants to delve deeper into the history of Indian independence and the struggle for independence. Smrithi Shree won first place for her essay on the Dandi March and Abhishek Kallolikar and SV Aditya were declared joint runners-up. The submissions were open from April 1 to 9, 2021. The Quotient Quiz Club supported the Azadi ka Amrut Mahotsav conducted by UGC by hosting British Raj Quiz. The quiz that created 540 social media impressions reaching out to 537 social media accounts was held on April 3, 2021. In commemoration of 75 years of Indian independence, Chitranamana event featured traditional and digital artwork inspired by freedom struggle submitted on-line. Harish Raya emerged as the winner and Sanjana Sharma, Abishek Dinesh and Varsha S were declared joint runners-up. Collegiate Social Responsibility (CSR) Club of PES University organised Chitranamana during April 5-11, 2021.