Recent cyber security meltdowns in some of the leading sectors of the world have led to a higher demand for security requirements. It has become more expensive and resource intensive to protect financial assets like payment card data and personal health information. This scenario has therefore developed an innate need for a higher level of risk management.

1. A S S U R A N C E
P L A T F O R M
Lead Feature
The Severity Of The VUCA
World On The Corporates.
What It Demands From
Their Leaders?

4. Mayur Shewale
Assistant Editor
EDITOR’S LETTER
Happy Reading!
I hope you will enjoy reading this magazine issue.
Finally, in the article section, we are privileged to present you two
of the most comprehensive articles on the “VUCA World” and
“Modern Technologies that are Altering Human lives.”
Considering the current market swings, we always strive to gain
insights from industry experts and bring their views to our
prestigious leaders. This time, we have Biraja Prasad Nath, the
Founder and CMD of Nirmalya Labs, stating his experienced
thoughts on the utilization of “Analytics for Power Transmission
and Distribution.”
Looking at the inside pages, you will be introduced to rousing
stories of handpicked risk and compliance tech solution providers
who are contributing to various leading sectors with their
extraordinary solutions and services.
Seeing the essentiality of risk and compliance in various verticals
across the world, the team of Mirror Review is proud to present our
latest magazine issue of “The 10 Most Reliable Risk and
Compliance Tech Solution Providers, 2019”, featuring Ignyte
Assurance Platform™ as the cover story. The CEO, Maz Aulakh
built Ignyte with a mission to assist clients in managing complex
compliance standards, thereby making their businesses “future
proof”.
Global cyber regulations are increasing, and its forcing boards of
directors to take an active role in all matters of the company’s
business, especially in the areas of compliance with the local
government laws and industry regulations. Likewise, investors are
more inclined to invest their money in companies with a strong
reputation for regulatory compliance. Large scale developments in
compliance regulations and increasing competition among
companies to uplift their reputation by complying with maximum
regulations are further amplifying the significance of risk and
compliance.
A S S U R A N C E
P L A T F O R M
The increasing
importance of Risk
and Compliance
among businesses

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Mirror Review Magazine has made every effort to ensure the accuracy of
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F O L L O W U S
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Publisher :
Editor-in-Chief :
Archana Ghule
Vikram Suryawanshi
Managing Editor :
Assistant Editor :
Contributory Writers :
Anuja Mulmule
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Bansidhar Tigga
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Business Development
Manager :
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Graphic Designers :
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Head of Distribution
& Production : Aakash Mahajan
Head of Operations : Robert Smith
Research Analysts : James Adams
Maria Smith
David Thomas
Advertising : Jacob Eddy

6. Bridging Cyber Assurance Gap With
Transformative Risk Management Engine
COVER
STORY
The Evolving Enterprise Internet Leveraging Analytics For Power
Transmission And Distribution
E x p e r t s ’ V i e w s
2034Nick Treasure
three6five
Biraja Prasad Nath
Nirmalya Labs Private Limited
Ignyte:
10

7. A r t i c l e s
Allgress, Inc.
Helping Organizations Reduce Their
Business Risk With Less Complexity
And Cost By Delivering Integrated
Risk And Compliance
Management Solutions
Aparajitha Software Services:
MAKING CORPORATE
INDIA COMPLY
Corlytics:
Helping Companies Drive
Successful Regtech Adoption
Automating And Simplifying Complex
Cybersecurity Compliance Guidelines
inCyber Compliance:
Enabling Risk Management
Throughout Life Cycle With
iRISK™ Platform
4Tune Engineering:
The Severity Of The Vuca World
On The Corporates. What It
Demands From Their Leaders?
Lead Feature
6 Modern Technologies That
Are Altering The Human Lives
Mega Trends
18 24
30
3832
26 40

10. CEO
Max Aulakh
COVERSTORY

11. Bridging Cyber Assurance Gap
With Transformative Risk
Management Engine
A S S U R A N C E
P L A T F O R M
Tech Solution Providers, 2019
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12. The partnership with defense agencies enabled MAFAZO to
largely focus on defense. And as the company grew, it felt
the need for a system to enable its clients to become more
Transformation from MAFAZO to Ignyte
Currently, as daily threats are drastically increasing, cyber
regulations are also becoming more complex. In addition to
this situation, there is a scarcity of security teams who have
the experience to combat advanced cyber-attacks. And the
regulatory compliance has also become an essential aspect
in the risk management process. The Ignyte Assurance
Platform™ was built to manage such complex compliance
standards like PCI-DSS. It was started in 2012 as a services
firm named “MAFAZO” to address the increasing flaws in
cybersecurity. From its very early stage of foundation,
MAFAZO established strategic relationships with the U.S
Department of Defense Agencies. Similarly, it has partnered
with companies across the US in the commercial sector to
help them develop and implement best practices related to
security, data governance, risk, and compliance.
Recent cyber security meltdowns in some of the
leading sectors of the world have led to a higher
demand for security requirements. It has become
more expensive and resource intensive to protect financial
assets like payment card data and personal health
information. This scenario has therefore developed an
innate need for a higher level of risk management. In terms
of regulatory compliance, the New York Department of
Financial Services (NYDFS) has placed new cybersecurity
requirements on all covered financial institutions and
Europe’s legislation for General Data Protection Regulation
(GDPR) has increased data governance regulation on a
global level.
Ignyte helps clients in adopting the Ignyte platform to
provide ongoing assurance to their organizational
management. Presently, its clients are shifting from manual
processes, legacy technology, and systems designed for
general compliance to internet scale cyber security issues.
To match their changing inclination in risk management,
Ignyte’s unique datamodel offers up to 10M datapoints.
Moreover, it has integrated this datamodel with natural
language processes for a much faster regulatory analysis
and intent mapping between several regulations. Similarly,
Ignyte uses the same technology to map intent down to
potential exposures and risks for organizations. The
company is significantly doing these tasks at a very large
scale with more speeds as compared to age-old legacy
platforms.
Benefiting Clients with the Provision of Ongoing
Assurance to their Management
self-sufficient in gathering and managing their security
environment. Therefore, MAFAZO rocketed ahead to create
a platform to assist with data collection, analysis, and
streamlining processes across multiple security at once and
TM
changed its name as Ignyte Assurance Platform . Today, it
is also working closely with several prestigious healthcare
institutions such as Cincinnati Children’s Hospital Medical
Center, Allina Health Network, Premier Health and many
others in the sector. It is enabling them to effectively
manage and protect patient health records and comply with
HIPAA standards. In April 2018, Ignyte started providing
its risk management solutions and integrated risk
management solutions which simplify compliance across
regulations, standards, and guidelines across organizations.
Currently, large numbers of clients are adopting the Ignyte
platform due its comprehensive benefits.
COVER
STORY
Our Ignyte platform, Ignyte is the ultimate
translation engine for simplifying Compliance
across regulations, standards, and
guidelines.

13. Ignyte’s GRC and integrated risk management automation
specially developed for up and coming auditors, legal
officers, and security officers helps them to set standards on
usability and remove barriers to adopt enterprise wide
business process automation risk and compliance software.
Today’s organizations are relying on legacy platforms with
hidden software development costs. Ignyte helps such
organizations to see value fast, improve their GRC
experience, and make smarter business decisions. It simply
serves the Chief Security Officers, Legal Officers and Risk
Officers by leveraging its expertise and service enabled
platform. Additionally, the team of Ignyte and its CEO
works closely with regulatory bodies and auditors to help
their clients effectively manage risks.
Max Aulakh, the CEO of Ignyte Assurance Platform
strives to develop a good company culture at Ignyte and
focuses on building strong industry partnerships externally.
While sharing his thoughts about his current work and
responsibilities, Max says, “I love what I do, but I do miss
getting my hands dirty and doing actual risk management
work. It is why I started this company.” He says that
because he actually trained and excelled in the United
States Air Force. Thereafter, he drove the Information
Assurance (IA) programs for US department of Defense
(DoD). As the Senior Consultant for a major Defense
contracting firm, Max lead a team of consultants that helped
datacenters successfully pass Air Force Level Security
audits for HIPAA, SOX & FISMA Regulatory
requirements. Today, Max leads Ignyte, with his world-class
team of cyber assurance and software professionals.
CEO, Developing Strategy and Directing the Company
towards Success
IRM Improves Effectiveness & Cuts Costs - IRM identifies
redundancies and inefficiencies in organizational GRC and
cyber security, allowing organizations to eliminate
processes that add no value, allocate funds and human
resources more effectively, improve GRC and cyber
security functions on all levels, and free up employees to
work on projects that further the organization’s goals.
IRM Eliminates Silos & Promotes a Security-Focused
Culture - In a digital world where every employee operates
a computer, cyber security and compliance are now
everyone’s responsibility, from the C-suite down to the
reception desk, and even extending to third-party vendors.
IRM fosters a top-down, security-focused and risk
management-based culture throughout the organization,
eliminating silos and enabling organizations to identify
situations where a risk factor in one area affects other areas.
IRM Uncovers Opportunities - Risk isn’t always negative;
businesses need to take risks to grow. By integrating risk
management into overall organizational strategy, IRM treats
risk management as a business driver, not a business cost. It
allows organizations to see how risk management,
Ignyte’s Differentiator: Integrated Risk Management vs
GRC
Making the shift from Governance, Risk and Compliance
(GRC) to Integrated Risk Management (IRM). Just one
more way that Ignyte can helps their client’s “future proof”
their businesses is it’s thought leadership and best practice
guidance in the industry regarding IRM adoption. IRM
goes beyond the traditional, compliance-driven GRC
technology solutions to provide actionable insights that are
aligned with business strategies, not just regulatory
mandates.
We are the leader in collaborative
security and integrated GRC solutions
for global corporations.
Tech Solution Providers, 2019
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14. Ignyte’s customers use the platform to automate the
workflow across the multiple frameworks they were once
attempting to manually manage. Ignyte also provides the
automated control mappings they need to stay current on
critical, new regulatory requirements. In just a few months,
Security governance teams in the healthcare sector are
continually challenged to find creative ways to improve the
overall security posture without disrupting the culture of
learning and discovery.
compliance, and data security can further their business
goals and uncovers opportunities to take calculated risks.
Part of ensuring this security posture are regular audits
mandated by NIH and other regulatory bodies. These
hospitals and healthcare systems have regulatory
compliance requirements that are manually tracked and
stored in disparate locations. Companies end up building
custom labor-intensive audits from scratch or cut and pasted
content from previous versions. Additionally, with the
regulations continually being updated, they need a reliable
method to keep current on the changes and adjust policies
and processes to meet new requirements.
The Ignyte Assurance Platform enables Healthcare systems
to more easily and efficiently manage the growing amount
of regulatory compliance requirements they are mandated
with each year.
Healthcare Case Study: The Ignyte Assurance Platform
Transforms the Compliance Management Process
COVER
STORY
Max believes that employees are the lifeblood of a
company. He adds that his R&D team has worked tirelessly
for the last two years to build out Ignyte platform which
will serve next-generation leaders of modern organizations.
Meanwhile, their sales and marketing teams have been
continuously strategizing on refining Ignyte key message to
the market and value delivery to the clients. According to
Max, the biggest challenge for Ignyte is to enable its
channel partners to succeed in their GRC and Integrated
Risk Management. Sharing his upcoming plans, Max said,
“GRC and Intergrated Risk Management is a complex
space and requires many different types of expertise. We
plan on hiring more folks this year to help overcome some
of these challenges.” Similarly, the CEO plans to hire
anyone who has a passion to work within integrated risk
management regardless of their age and generation as it’s
the outdated factor in the cyber risk management industry.
client’s will begin to streamline their internal processes,
map critical applications, and manage the integration of
controls across multiple security frameworks. They now
have a central repository for storing evidence. Each piece of
evidence is now tied to a control and could be easily
produced for auditors on demand.
The platform allows you to create a high-level system that
encompasses your entire environment. It can connect to any
environment that embraces that.”, says Max.
Gearing up with Continuous and Dedicated Teamwork
We partner with the leading content
providers, domain experts, and risk
management professionals in our industry.

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17. Company InfoCompany Name
4Tune Engineering
Jose C Menezes
Founder & CEO
www.4tuneengineering.com
Established in 2004, 4TE develops state-of-the-art IT solutions focusing on
operational excellence. It facilitates companies to decisively improve the entire life
cycle of their products and processes with intelligent and industry-proven
solutions.
www.allgress.com
Allgress is a global provider of automated next-generation integrated IT Security,
Compliance and Risk Management Solutions for organizations and their business
partners to meet business risk objectives.
Aparajitha Corporate Services Private Limited, is a leading Knowledge process
outsourcing company offering HR Compliance Services.
www.aparajitha.com
Corlytics Ltd. is one regtech leader which recognises the importance of being focused
on successful adoption. The company, which works with banks and regulators across
the globe to examine regulation as a risk, believes this is when customers will be able
to experience the full power of advanced new technologies.
www.corlytics.com
www.datagrail.io
In an industry inundated with companies claiming to provide web and IT
services, DataGrill is one of the few that simplifies the process by bringing a
comprehensive list of skills and on-demand services to one place.
www.ignyteplatform.com
Ignyte helps clients in adopting the Ignyte platform to provide ongoing
assurance to their organizational management.
www.incybercompliance.com
Chicago-based inCyber Compliance is dedicated to simplify and automate the
overly complex cybersecurity compliance guidelines set by regulators using its
advanced solution—inCyberDashTM.
At SecureLink offers a software platform to provide secure, accountable, and
auditable third-party remote access.
www.securelink.com
www.trulioo.com
Trulioo is dedicated to building a framework of trust online, developing best
privacy practices, and advancing financial inclusion.
www.crigroup.com
Corporate Research and Investigations Private Limited, hereinafter called “CRI Group”
has safeguarded businesses from fraud and corruption, providing integrity due diligence,
employment background screening, third-party risk management and compliance and
other professional investigative research services.
DataGrail
Daniel Barber
CEO & Co-founder
Trulioo
Stephen Ufford &
Tanis Jorge
Co-founders
Aparajitha Software
Services
Nagaraj Krishnan
Managing Director
Corlytics
John Byrne
Founder & CEO
Corporate Research &
Investigations Private
Limited
Zafar I. Anjum
Group CEO
Ignyte Assurance
Platform
Max Aulakh
CEO
inCyber Compliance
Erik Kellogg
Founder & CEO
SecureLink
Joe Devine
CEO
Allgress, Inc.
Jeff Kushner
Chief Marketing Officer
Tech Solution Providers, 2019
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18. 18
Allgress, Inc.
Along with deep domain knowledge and experience of over
10 years, Allgress chooses the customer-oriented approach
for winning clients and maintaining long-term relations with
Allgress’ Founders and management team dedicate their
efforts towards providing CISOs and other stakeholders
with the ability to make effective investment decisions that
align risk and compliance programs with their top business
priorities. Moreover, their offerings allow clients to
communicate the true value of those decisions so that senior
executives can manage risk, fines, brand damage and meet
risk objectives. Further, the cutting-edge, cost-effective, and
less complex solutions also help users to move from a
passive to a proactive approach to Governance, Risk and
Compliance (GRC) with quicker-time-to-value and ease.
Additionally, Allgress delivers its solutions to each client so
it can be deployed in a modular way with a standardized
look and feel, producing sensible and meaningful outcomes.
Solutions Allowing Businesses to Easily Interpret their
Risk and Compliance Posture
Attributes that Make Allgress a Market Leader
Based in Livermore, California, Allgress is a global
provider of automated next-generation integrated IT
Security, Compliance and Risk Management Solutions for
organizations and their business partners to meet business
risk objectives. Allgress’ solutions enable organizations to
automate and streamline processes for assessment,
monitoring, reporting and remediation of business risks
with less complexity and reduced costs. Unlike other
solutions, Allgress award-winning technology allows
customers to derive quicker-time-to-value without an army
of consultants.
The evolution of change in every aspect of business
has made conventional and time-consuming risk
and compliance management no longer effective
without automation. Staying in-sync with these changing
trends, continues to evolve its award-winningAllgress Inc.
Integrated Risk and Compliance Management Solutions to
further streamline and simplify complexity in all aspects of
risk and compliance management regardless of the use case.
Product Features Empowering Users
them. The company’s mission of providing customers quick-
time-to-value through automation that is intuitive to use has
not changed since its inception. The other aspect that has not
changed is the company’s sole focus on providing an
integrated platform to monitor and enforce rules and
procedures to manage risk, compliance and security.
In addition to such beneficial solutions, the team at Allgress
promises to save time, provide an easy to navigate interface,
and rapid implementation allowing an organization to
operationalize existing workflows, demonstrate compliance,
and gain a holistic view of impending risk and remediate
them if necessary in a matter of days. Furthermore, unlike
other solutions, its offerings are available for every size of
organization, right from the SMEs to the Fortune 500
Enterprises. Allgress eliminates the need for a large
dedicated team by streamlining GRC processes in a single,
intuitive platform.
Allgress’ modular approach allows its clients to manage one
or multiple disciplines of risk by utilizing the same easy-to-
use functions independent of an organization’s size and
maturity. Functions including data collection, analysis,
policy and procedures, workflow, reporting and incident
management throughout the application are implemented to
receive a holistic, meaningful overview of clients’ risk
posture over a business unit or an entire organization. Its
product modules significantly help in managing audit,
compliance oversight, IT security operations, enterprise risk,
and vendor risk. For example, the policy & procedure
module features support consistent central management so
businesses can meet their business risk objectives.
Risk and compliance platforms are typically complex,
involving several consultants to coordinate implementation,
customization, and usage of platforms within months or
longer. Allgress has made these functions consistent and
easy-to-use so organizations can better manage their
business risk with less complexity by leveraging the same
data and management functions across audit, IT security,
compliance, and risk and vendor management use cases.
Helping Organizations Reduce Their Business Risk
With Less Complexity And Cost By Delivering Integrated
Risk And Compliance Management Solutions

19. 19
Jeff Kushner | Chief Marketing Officer
Allgress' Risk Management
Solutions are customer driven
to help clients proactively
reduce Business Risk with
less complexity.
marketing strategy, branding, positioning, and market
communications. The enthusiastic leader brings over 30
years of experience in a variety of leadership roles in
technology marketing and business development. Before
Allgress, he has held several prestigious positions in
various organizations and increased their revenue and
market penetration. Notably, his efforts have been
instrumental in advancing the development and adoption
of application, compliance and risk management.
“Allgress continues to lead the market with simplicity
and time-to-value,” says Jeff Kushner, Allgress’ Chief
Marketing Officer.
An Adept Workforce behind the Perfection
Employees are the bricks of an organization without
whom the company is incomplete. Each brick of Allgress
has been supporting it since its inception, and its
workforce is the one that truly makes a difference to
customers. Allgress’ employees come with years of
domain knowledge and expertise. Be it a member of the
management team or even a sales team member; it’s
every employee from every department brings years of
experience in risk, compliance, IT, security, and the GRC
space. Moreover, every Allgress’ team member brings
their unique experience and acumen to the table, which
helps Allgress to deliver solutions that meet customer
challenges of managing business risk. Apart from that,
Allgress follows the culture of continuous learning and
sharing knowledge. As a result, each member is always in
the learning and contribution phase and keeps up with the
continuous changes and advancements in the industry.
Standing Toe-to-Toe with Industry Related
Challenges
Technological shifts are highly challenging for most
industries. Allgress works hand-in-hand with
organizations they serve to match their solutions with the
evolving changes in technologies, regulations, and
organizational requirements. Having already delivered an
extensive range of solutions, its team continuously
evoloves them and actively engages with clients for
further expansion. Meeting requirements in businesses
are uncontrollable at the same time unavoidable. Allgress
works with customers and industry to reduce the burden
of such challenges, it doesn’t hinder its path of
continuous solution updates; in fact, its team strives to
perform with the greatest degree of excellence.
Moreover, the survey and risk register modules support the
process of identifying and tracking risks.
Partnering with the Customers to Deliver Solutions that
address Pervasive Challenges
Allgress’ client base is composed of customers across many
industries. While dealing with such diverse clients, the team at
Allgress not only delivers productive solutions but also partners
with them regularly. Further, they start by understanding clients’
needs and requirements and then strive to produce solutions that
match their expectations and solve pervasive risk management
challenges. Moreover, collaborating with clients, Allgress
consistently collects information about their use cases by
conducting focus groups, regular customer calls, meetings, and
continuously soliciting input on its customer’s portal.
A Seasoned Professional Elevating the Game for Allgress
Jeff Kushner, the Chief Marketing Officer of Allgress leads
marketing for the company. He is responsible for the global
Tech Solution Providers, 2019
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20. The Power Transmission and Distribution industry is
experiencing major changes from its historical
business structure of a vertically integrated utility
to a combination of several different models. However, the
basic function of the industry, to produce and to deliver
power, safely and reliably, has not changed. The
restructuring of the industry has created uncertainty that has
contributed to limited investment. Improvements in
technology and improvements in the infrastructure.
Moreover, pressures continue to reduce the cost of the
electricity. Increasing reliability demands, aging
infrastructure, increasing loading of components, and
Increasing availability of operational data are the main
challenges today.
Managing a reliable grid cost-effectively, is a growing
challenge for Power Transmission and Distribution industry,
particularly when viewed in the larger context of system
complexity, aging assets, and increased customer
expectations. Improving assets performance is a pressing
issue in ensuring reliability for the utilities. Capturing data
and record keeping are at the heart of asset management.
This data can come from multiple sources throughout the
organization. Existing methods comprise of multiple
independent tele-supervisory subsystems, with a
decentralized configuration, designed to measure and
monitor individual or a group of assets. Existing
monitoring, control, and protection systems are driven by
established practices that have been proven in the utility
market. However, opportunities to evaluate new control or
protection systems exist that leverage the availability of
more information and new devices.
Ÿ There is an enormous potential that predictive analytics
offers us for Improving Power Generation Efficiency,
optimizing Power Consumption, and Reducing T&D
Losses.
Ÿ To ensure reliability and to gain additional value, the
assets must be managed in new ways using available
data as well as expanded data sets. Opportunities exist to
capture and better utilize presently available data from
relays, DFRs, and other IEDs, to better monitor assets,
locate faults, and perform new functions. Additional
opportunities exist to improve sensors, communications,
capture new information and present information in new
ways to enhance performance. One of the key
challenges faced by power generation units is tackling
downtime due to equipment failure. The ideal way to
optimize power generation efficiency would be to devise
a way in which operators can anticipate equipment
failures with a fair degree of accuracy and accordingly
schedule maintenance. During maintenance, staging
equipment can be used to minimize, or even eliminate,
downtime. Real-time waveform monitoring and other
predictive analytics methods can be used to generate
timely insights on equipment performance and help
avoid downtime occurring due to overloading, voltage
fluctuations, and damages to ancillary equipment.
Ÿ The challenges faced by the power generation sector are
not just limited to minimizing consumption and
reducing losses. The problem is much more
fundamental, with the imminent depletion of resources
used for power generation, be it water or fossil fuels,
and the risks and high costs associated with alternative
sources such as nuclear energy, wind, solar energy etc.
Hence, more and more emphasis is being placed on
efficient energy management by power producers,
distributors, and consumers. The establishment of a
smart grid is a key initiative to improve efficiency,
maintenance and planning. The smart grid is essentially
an automated system that connects all entities in the
power sector, allowing them to interact with each other
in real-time. Using historical data, future consumption
DISTRIBUTION
POWER TRANSMISSION
&
Leveraging Analytics for
Experts' Views
20

21. Ÿ patterns can be predicted. Any abnormal change in
consumption can be tracked and the cause of such
changes can be detected, thereby ensuring that
usage of power-inefficient equipment can be
minimized. With concrete data available at hand,
consumers can be convinced of the need to replace
or repair energy-inefficient devices by providing
them details on long-term cost implications using
predictive analytics. Many enterprises are using
cloud-based analytics to generate actionable
insights. For example, some organizations use
business intelligence software and data from sensors
to detect occupancy rates in buildings at different
time intervals. Automated systems can then use this
data to control consumption in real-time and
eventually reduce energy costs.
Ÿ Technology improvements and increasing need to
better manage assets have facilitated the
implementation of substation automation. The use
of automation increases the availability of
information and the ability to improve control over
the system. However, more work is required to
better manage the information and develop methods
and algorithms to automate systems to improve
system performance and reliability. Transmission
and distribution losses are still more than a
staggering percentage, which is ironical for a
country that is facing a significant power deficit.
However, the potential for reducing T&D losses
with the implementation of a nation-wide smart grid
is enormous. With rapid technological advances and
the emergence of IoT, it is becoming easier to track
and monitor disruptions in supply. Analytical tools
can derive relevant and real-time data from
equipment such as sensors, smart meters, and other
communications devices and generate actionable
insights for T&D companies. This approach, also
referred to as asset analytics, helps T&D companies
improve productivity based on measures such as
asset health, criticality, and maintenance scheduling.
By using machine learning and IoT, the asset health can
be monitored using algorithms that can track variables
such as the condition of the asset, weather, failure
frequency etc. These algorithms can be based on
analytical techniques such as logistic regression, neural
networks etc. Nirmalya’s Asset Management System
(nPravaahAMS) developed on an Internet of Things
(IoT) platform, resides on top of all disparate utility
systems and provides a consolidated view of the assets from
a central location. This system integrates information from
various existing systems such as Supervisory Control and
Data Acquisition (SCADA), Substation Automation System
(SAS), Distribution Automation System (DAS), Advanced
Meter Infrastructure (AMI) etc. as well communicate with
intelligent and communicable devices like energy meters,
remote terminal unit (RTU), remote monitoring unit
(RMU), and other equipment. The collated data is analyzed
using intelligent algorithms and helps in real time decision
support to the utility managers by giving them a complete
overview of asset performance across the utility. This also
helps in proactive asset maintenance deferring large capex
requirements due to system breakdown.
There is an enormous potential that big data analytics offers
us to ensure optimal utilization of power. Quite evidently,
we no longer have many other options remaining with
rapidly depleting resources. Opportunities exist to study the
increasing amounts of available data and identify new
phenomena that can lead to the development of new devices
and operating practices. The Power Transmission and
Distribution industry also needs to build robust system to
overcome the challenges and become smarter with not just
the way we consume power, also transmit and distribute
with the help of disruptive technologies.
Biraja Prasad Nath
Founder & CMD | Nirmalya Labs Private Limited
21
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24. As the business landscape is moving from a people
driven economy to a platform economy, the
Managing Director of Aparajitha Group of
Companies, Nagaraj Krishnan, says, “Indian businesses
need to make the transition from throwing people at
problems and leveraging arbitrage to designing innovative
solutions and solving problems.” By means of Aparajitha,
he is not only finding ways to make this shift, but also
spearheading this transition. Based in Madurai, Tamilnadu,
having Pan India operations and establishing foot prints in
APAC region, Aparajitha Corporate Services is India’s No 1
GRC Solution Provider specializing in Employment &
Industrial compliance service. Its self-powered coherent
solution— , has broken the grounds withCompfie
capabilities in monitoring compliance status of an
organization seamlessly while adapting the changing
environments. Compfie is one of the few strategic
initiatives of Aparajitha to evolve as a dominant global
Governance, Risk and Compliance (GRC) player.
Compfie, Simplifying Compliance Control by Utilizing
Technology
Powered by India’s leading compliance solution provider,
Compfie is a cloud-based compliance tracking system that
enables continuous monitoring of compliance status
irrespective of the location of the corporate entity. This tool
has enabled Aparajitha to change the paradigm of
compliance management, by truly leveraging technology.
Moreover, backed by decades of serious work in
compliance management, Compfie comes with a lean
design and promises the simplest installation process even
in the cases of the organizations with most complex data. In
addition, it seamlessly adapts itself to changes in business,
technology, and regulations, resulting in boosting user’s
business output.
Nagaraj, who is leading Aparajitha since its inception,
considers it as his key responsibility to bring forward all the
expertise and decades of experience in compliance
management to the new economy. At the same time, he
wants to make Compfie an organization staying agile and
nibble like a startup. Moreover, while acquainting on how
he wishes to take Compfie ahead, Nagaraj states, “It is
imperative that Compfie stays a learning organization as
we push boundaries and expand rapidly to newer markets.”
Catering a Huge Client Base with Innovative Offerings
The renowned Compliance service provider has its
operations in Nepal, Bhutan, Bangladesh, and Srilanka.
Currently, it delivers services across industries such as
Automobile, Retail, FMCG, Chemical, Iron & Steel,
Garment & Textiles, BFSI, Construction & Infrastructure,
and Hospitality. With more than 1200 core employees, it is
serving over 1000 clients all over India. Moreover, its client
base consists of most of the leading entities in respective
industries; some of them are IKEA, Cigna, Bosch, TATA
Communications, ICICI Venture, Bata, ITC, Birla Sun Life
Mutual Fund, Shell, Cadbury, Godrej Properties, Goldman
Sachs, YARA Fertilizers, Walmart India, Pepsico, Ford,
Airtel, Reliance Communications, FedEx, SoftBank,
Microsoft, and Oracle.
With empowerment and accountability across their
operations, Aparajitha’s team ensures that their services
exceed customer expectations every time, resulting in
customer delight and long-term associations. Moreover,
continual innovation has always empowered its team to
deliver customized and client aligned best practices.
Emphasizing Employee Growth to Elevate the Business
Employees are the building blocks of an organization, and
24
Aparajitha Software Services:
MAKING CORPORATE
INDIA COMPLY

25. Procreating Global Knowledge Hubs to Conquer the
Growth Challenges
Aparajitha with its best-in-class solution Compfie is
striving to enhance its global footprint and rapidly
expand in new markets. The global expansion comes
with a challenge ofdealing with both national and
international laws and regulations. While a general
startup’s growth determinants would be its technological
and marketing capabilities, Aparajitha knows that in case
of Compfie, its growth variables would be slightly
different. At one end, while it rapidly expands to newer
markets, in parallel it would also need to establish
Domain Authority in each of those geographies. As a
result, the company predicts to face an obstacle in
achieving “Authority at scale.” To deal with this
challenge, Aparajitha is creating Global knowledge hubs
with teams from Compfie and the specific geographic
location integrating regulatory and technical frameworks
thereby building authority.
A Focus on Millennial to keep up with the State-of-
the-Art
As technological advancements are altering the business
world, workplaces are becoming more tech-oriented. As
a result, the demand for a technology-friendly workforce
is arising, while millennials being digital native are
culturally the best fit for a platform driven economy.
Currently, running with around 60% of the millennial
workforce, Aparajitha plans to attract more millennials
into its field. Aparajitha’s team believes that Compfie’s
value system would further help them to attract more
millennials. Because, contrary to their earlier
generations—the millennials today look for purpose and
meaning at work and strive to create an impact.
Similarly, Aparajitha’s people-oriented agenda and
corporate ethical imperatives are tuned to create
environments encouraging people to experiment, thrive,
and create a meaningful impact on business and society
at large.
in many cases, they are even the face of it. Considering its team
as the most important asset, Aparajitha highly believes in its
team and focuses on employee growth, which ultimately helps
the business prosper. Moreover, the people focused organization
tries to maintain an environment where people can thrive and
that resulted in low attrition rates and a domain expert
workforce. In addition, Aparajitha credits its team for supporting
in achieving an excellent Compound Annual Growth Rate
(CAGR). Furthermore, the illustrious organization’s employees
are also the reason behind its most popular offering—Compfie;
they have built it ground up by bringing their operational and
technical expertise to fore.
The Leadership team of Aparajitha strongly trusts that “people
make a company.” Nagaraj wants to instill this “people-
focused” approach in his colleagues so that everyone will
contribute their best and proud to be the part of Compfie’s
growth trajectory.
25
With deep domain expertise,
we, the team of Aparajitha,
delivers 360 degree compliance
solutions that help organizations
manage risk and improve
productivity at every stage.
Nagaraj Krishnan|Managing Director
Tech Solution Providers, 2019
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26. VUCA: The Origins
VUCA—the term first produced and implemented by
The U.S. Army War College to train their officers in the
response of collapse of the USSR in the early 1990s.
VUCA describes the volatility, uncertainty, complexity,
and ambiguity of the world after the Cold War.
Therefore, it was specifically a lesson learned from the
conditions arose due to the Cold War between the US
and USSR.
VUCA, which was once a military training term has
become trendy managerial acronym today. But what
made corporates to follow this acronym? One of the
reason is the Global Financial Crisis (GFC) of 2008—a
once-in–a-century financial crash. Nearly a decade later
we are still dealing with its fallout, and thinking of
another, even larger, debt-caused crisis. Presently, VUCA
is best acronym that encapsulates the impact of such
thunderstorms which are just begun to unleash upon the
globe.
VUCA: Actual world scenario
Therefore, VUCA designates unpredictable events in the
world, whether in case of a country like Afghanistan or
the case of an organization like Nokia. Afghanistan was
once known as a fast developing country with a healthy
economy. Similarly, Nokia was a leader in phone
manufacturing and was selling the most number of
phones across the world. In both cases, these two
elements have suffered a drastic fall from prosperity to a
great depreciation in their value.
These downfalls are the recent examples of
ineffectiveness in tackling rapid changes in defense and
in technological world respectively. Thus, neither
countries nor organizations and their leadership
strategies are spared in the today’s fluctuating world. Just
turning on 5 min news can show you the live volatility
and uncertainty in the world. One can see the end of
relative stability in the business, politics, or science
which ultimately forcing humans to be more dynamic,
aggressive, and prepared for upcoming disasters. This
world on the corporates.
What it demands from their leaders?
The severity of the
Lead Feature
26

27. VUCA: Leaders and their strategies—Now and then
The leaders in every business, public administration,
education, science, culture, entertainment etc. are dealing
with VUCA atmosphere on a daily basis. They form
various strategies according to their industry or locality.
However, ill-prepared plans worsen the existing
situation. Similarly, leaders who started in stable times
find it difficult to match with the present highly turbulent
digital age.
This is because, most of the old heroes are comfortable
with a gradual changes and stick to industry boundaries.
Rather than launching working on breakthrough
advancements, they prefer analyzing rivals’ strategies
and scaling end-products slightly more efficient than the
previous ones. This standard planning system is radically
affected by the current global market and most of the
leading companies have failed to match the speed of the
proves that the present world is unlike anything people
have ever seen.
market. Remember Kodak? —the pioneer in
cameras—now struggling with keeping its name in the
industry.
VUCA: the Fighting Species
The question is who are suitable for thriving in the
VUCA world? And the answer is—there are too many
elements that are beyond the control but those who are
flexible as well as open to change and dare for new
experience can hope for a success. This can be referred
as acrobatic learning, investing continual efforts day and
night to achieve anything more than competitors, moving
forward to new ideas and preparing to fight in the
tomorrow’s world.
About twenty years ago, no one would have believed
that space rockets would be recycled, sent and received
safely like an email. This unthinkable milestone is
achieved by a private spaceflight company, SpaceX. One
rocket with minimal mileage, moderate lift capacity, can
used for delivery of goods to Earth-orbit, and 100%
27

28. Volatility
Uncertainty
Complexity
Ambiguity
success rate in flying back to earth!
VUCA: Benefits of Learning Agility
The evolutionary example of SpaceX clearly states the
need of the present uncertain world. Leaders don’t need
to work towards making detailed plans but testing
various hypotheses about emerging technologies and
quickly recognizing ways to get things accomplished.
However, the higher leaders go—the more volatile
uncertain, complex and ambiguous the job becomes and
it challenges them to create their own way.
Dr. W. Burke, Thorndike Professor of Psychology at
Teachers College, Columbia University, has been able to
measure learning agility based on 4 years of initial
research. He determined that people who are more
learning agile demonstrate that agility in 9 different
ways—Flexibility, Speed, Experimenting, Performance
Risk Taking, Interpersonal Risk Taking, Collaborating,
Information Gathering, Feedback Seeking, and
Reflecting. According to the test consisting 38
questions, the research finds the learning agility in
a leader. A leader with higher learning agility
tends to have a successful future.
This is because agility comes from
the motivation to think out of the
box, try new things and learn
with them. Additionally,
probing deeply into views
and asking counter
questions on them can clear
the clouds in a strategy and
helps to focus on consistent
application of effective decision
making.
VUCA: Disruptive strategies—Matching
the change
Old and successful companies had a humble
beginning. However, they matched with the changing
wave. The wave that demands more—different and
useful or simple, reliable, and productive—anything,
which very few can predict, very few can dream
of—but one can strive towards becoming those very
few people with disruptive strategies.
Initially, walked as an online bookseller to a flying
retailer of nearly every product, Amazon has recently
achieved a trillion dollar valuation with its disruptive
strategies.
Similarly, the leading payment service provider,
MasterCard jumped to a different path than its rivals. It
approached remote countries which were ignored by
other payment giants. MasterCard found out the need for
mobile payment options and excelled in that arena with
solutions, bringing easy-to-use mobile payment features.
VUCA: the Breakthrough innovation approach
In the case of startups, most of them are born out of an
idea which identifies a need that other, more established
organizations have ignored. But to consume work ahead
with the VUCA change, startup leaders must produce
game-changing, innovative products and services that
can fundamentally change the way people live or
work. This is helpful in making a distinct and
unique business that can beat its competition
with its end products.
In conclusion, VUCA environment
calls for different kinds of leaders
who are highly focused on
existing solutions or the ones
with the ability to turn
vision into reality, catching
the fast pace tech realm.
One can say VUCA typically
require a fusion form of leaders
and machines who can work
continually, creating innovative
offerings and streamline business process
to keep running with the change. Similarly, to
fortify the efforts, a brief understanding of
VUCA can always give a reminder of the external
environment to change the game with ground-
breaking products, strategies, models, and self-built
capabilities.
28
Lead Feature

30. Banks and financial services firms are grappling
with an overwhelming volume of complex
regulatory change. With the cost of
compliance to the banking industry estimated to be
$270 billion each year, firms need help getting to the
root causes of regulatory risk as efficiently as possible.
Many companies are looking to regulatory technology
to overcome this challenge. However, in a rapidly
expanding industry, the plethora of new tools and
technologies has become difficult to navigate. The
danger is that they become more disruptive than
productive.
Fortunately, there are many innovative regtech
solutions which efficiently integrate into existing
business workflows and deliver results. This avoids
the need for companies to take any risky or drastic
actions.
Dublin-based is one regtech leaderCorlytics Ltd.
which recognises the importance of being focused on
successful adoption. The company, which works with
banks and regulators across the globe to examine
regulation as a risk, believes this is when customers
will be able to experience the full power of advanced
new technologies.
To deliver this, Corlytics focuses on bringing together
individuals with diverse backgrounds and building a
collaborative company culture.
CEO leading expansion across the globe
The Founder and CEO, John Byrne, is the man
behind Corlytics’ success. John is a serial entrepreneur
in the financial technology sector and has built
numerous global technology-based enterprises. In
1985, he co-founded one of the first energy
technology campus companies in Ireland. In 1997, he
built Information Mosaic, a global player in the
securities software industry which was sold to Markit
in 2015.
At that time of the financial crisis, John realized that
there was no combined intelligence and predictive
analytics system or platform to aid the banks,
regulators, and their advisors to make informed
decisions. This encouraged him to establish Corlytics,
a fast-moving business which is expanding
internationally. It now has seven offices around the
world.
As the CEO of the business, John is responsible for
setting the company’s vision and strategy. He also
empowers his team to deliver their best work. At all
levels, from interns to the board, professional
development and continuous learning are encouraged.
Furthermore, John focuses on team management to
ensure individuals with diverse backgrounds and
capabilities work seamlessly together.
John is a frequent speaker at industry events and has
spoken at various events such as SIBOS, NEMA and
many other conferences and advisory events on
operational and systemic risk in financial services.
Gathering and implementing new ideas to solve
clients’ business issues
Since its foundation in 2013, Corlytics has been
restoring trust and building transparency in the global
30
Corlytics:
Helping Companies Drive
Successful Regtech Adoption

31. key to power and deliver new ideas. At Corlytics’
Dublin headquarters, there is a 50/50 gender split
and eleven native languages spoken.
John and his talented team approach regulatory
issues with diverse and fresh perspectives. He
believes that creativity does not come from ‘great
thinkers’ alone, but from cohesive teams. It is when
these skills are cross-pollinated that the real
innovation happens.
Enhancing growth for young individuals
This is a dynamic time for the regtech market, and
there is still huge potential for new and innovative
solutions to tackle complex compliance challenges.
It is an industry where people are always learning
and solving real-world problems, which makes it an
attractive prospect for young individuals.
The business brings many talented people in
through its internship program. The program allows
young individuals to learn and develop skills to
solve the real-time issue. This is not just aimed at
those on a specific career trajectory, but at
determined individuals from a variety of
backgrounds. The only requirement is for people to
be up for the challenge and to have an enthusiasm
to learn.
Corlytics is firmly focused on the needs of the
customer, and not just building technology for the
sake of it. John knows that getting this right always
comes back to attracting and nurturing a high-
performance team.
financial system. The company helps organizations
overwhelmed with regulatory notices to understand what
information is actually relevant to their business.
Whenever a client turns to Corlytics for support in better
planning their compliance program, the team listens to
their unique challenges. It then builds a bespoke team
consisting of legal and regulatory analysts, data scientists
and risk practitioners to help regulated firms protect
themselves from unexpected exposures and fines.
The multidisciplinary team behind Corlytics’ success
In John’s firm, everyone from the newest intern to the
most seasoned industry veteran has a say in the direction
of the company. John firmly believes that diversity is the
31
Our intelligence is used by
regulators, financial
institutions and their
advisors on a global basis.
John Byrne | Founder & CEO
Tech Solution Providers, 2019
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32. Every day, every week, there is a new revelation of a
massive cyber breach somewhere in the world. As
these cybersecurity threats rise, the number and
extent of the cybersecurity regulations get strict and highly
complex. These regulations are created to establish a set of
strong cybersecurity practices to protect consumers and
support the stability of the global economy. Today, most
businesses struggle to manage these complex cybersecurity
compliance requirements across multiple regulations,
standards, and frameworks. Oftentimes, they exert a
significant burden on the company’s resources which
results in inefficiencies, time consumption, and
substantially impact the overall productivity of an
organization.
Similarly, current solutions for compliance and risk
management allow more time to concentrate on business
workflow by allowing dedicated staff to understand the
impacts of specific cybersecurity and cyber compliance
risks. Comprehensive compliance technology architecture
is used by several organizations to make compliance an
active and living part of the organization. But, effective
compliance requires technology that has a solid system of
record—demonstrating a state of compliance, documenting
any changes made, while also providing a complete audit
trail.
The inCyber Approach to Simplify Compliance
Guidelines
Over the last few years, increasing attention has been paid
to compliance and risk management. It has become an
integral part in managing a company’s corporate structure.
In addition, a company’s internal regulations and regulatory
framework are important considerations, placing
significance on how rules and regulations are controlled
internally. Therefore, there is a need for advanced
technologies that simplify the time consuming and complex
cybersecurity compliance guidelines, which further enable
the companies to focus on other business priorities.
Chicago-based is dedicated toinCyber Compliance
simplify and automate the overly complex cybersecurity
compliance guidelines set by regulators using its advanced
TM
solution—inCyberDash . The company was established by
Erik Kellogg to ensure that the clients’ organizations
comply with the latest regulations and internal standards.
TM
inCyberDash solution developed by Erik and his
dedicated team members enable non-technical executives
and board members to take part in cyber risk decisions. It
also empowers compliance and technology professionals to
take control of their firm’s adherence to complex
cybersecurity regulations and best practices.
Unique Features of inCyberDash™ Platform with AI
Engine
To offer the best service to clients, the expert team of
inCyber Compliance identifies the key cyber compliance
requirements and utilize them for very specific technology
settings. The team works with pivotal technology, security,
compliance, and regulatory professionals to maintain and
create a comprehensive database of cyber regulations.
Further, the inCyber’s highly automated system
continuously audits those settings within the clients’
infrastructure and clearly states if they are within regulatory
cybersecurity guidelines. If a client’s system doesn’t fall
within the guidelines, the intuitive dashboard then clearly
indicates the proper settings or policies that should be
updated.
Moreover, the dedicated employees of inCyber constantly
keep the pace with the dynamic regulatory environment and
provide responsive and consultative service to its clients.
This superior quality service is highly recognized by its
32
Automating And Simplifying Complex
Cybersecurity Compliance Guidelines
inCyber Compliance:

33. from cyber threats and adhere to industry regulations.
Erik’s experience and expertise include; System Admin,
Professional Trader, Director of Information Security,
Network Engineer, Chief Technology Officer (CTO), and
Chief Information Security Officer (CISO).
Today, at inCyber, Erik focuses on overall product
strategy to ensure that the suitable cyber compliance
expertise is made available to the client via in
CyberDash™ platform. Virtually, every state in the US
has its own cybersecurity regulations for data security
standards. Likewise, a host of federal agencies have their
own regulations protecting consumers’ financial data,
health records, data collection, and other important
records. Each guideline and regulation come up with
own disclosure requirements. Hence, the CEO is always
looking for ways to enhance inCyberDash™ platform
based on the feedback received from the clients who are
spread across the nation. In addition, Eric strives to build
and maintain relationships with security and compliance
teams across all industries so that the team can utilize the
views of dynamic and experienced cyber compliance
experts to upgrade the platform on a global level.
Moving forward and aiming to expand inCyber service
area, the CEO and his expert team are currently working
to explore various verticals.
“Millennials prefer innovative, progressive
companies,” says Erik
Erik finally explains how the millennial workforce will
be attracted towards the cybersecurity compliance and
regulatory industry. He predicts, “I think this will
happen naturally as millennials enter the Regtech
workforce. Millennials are looking for entrepreneurial,
innovative, and progressive software companies.
inCyber Compliance is strong in all these areas as well
as offering flexible work arrangements.” These thoughts
clearly uncover the current wants of millennials from the
organizations and Erik has already been offering such
environment at inCyber which is practically healthy for
such individuals.
clients, which helps the company to strengthen the trust within
the existing client base and gain new customers within similar
peer groups.
Additionally, the inCyberDash™ proprietary AI engine works in
conjunction with SMEs to constantly expand and shape the
compliance algorithm. The engine also provides regulatory
updates regarding the formation of new trends and priorities in
cybersecurity and compliance. The intelligent engine continually
updates clients’ dashboards to align them with the latest
regulatory cyber guidelines.
A Leader with Enormous Experience and Enthusiasm
Erik Kellogg, the Founder & CEO of inCyber Compliance is
leading the company with his extensive industry experience
totalling 20 plus years. He is a cybersecurity expert with a
proven track record of helping businesses protect themselves
33
We, at inCyber Compliance,
offer a unique platform
that empowers our
clients to take control of
complex cybersecurity
regulations.
Erik Kellogg | Founder & CEO
Tech Solution Providers, 2019
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34. volving
nterprise internet
The evolution of enterprise internet connectivity
has been an interesting topic since the early
nineties in South Africa. Back then the main
focus for internet connectivity was for email, hosting
your corporate website and ensuring employees could
access basic online resources (specifically for
research). Africa also had the highest cost of internet
connectivity in the world. South Africa was no
exception and there were a few reasons for this.
Firstly, Africa as a continent had the smallest footprint
of undersea cabling to the rest of the world making it a
hot commodity that came with a considerable
premium. Secondly, connectivity nationally was
controlled by a single entity allowing for no
competition. Lastly, South Africa had stringent
electronic communication laws that prohibited
growth.
Connectivity started getting better in the late 2000s
with multiple undersea cables landing between 2009
to 2012. Laws also started relaxing around electronic
communications. The first carrier neutral data centers
were built across the country giving enterprises the
choice of where to host internal and external services
without being tied into an internet service provider.
These were the main drivers for competition and cost
reduction which were realized at enterprise and
consumer level.
Enterprises now had higher demand for internet
services as more and more business-critical functions
became electronic. There was also a requirement for
these services to be available anywhere. Enter Cloud
instances and hybrid architectures which were already
being widely adopted across the rest of the world. Our
problem was still internet connectivity as these
architectures required larger internet throughput and
we were still playing catch up in this space. We had
better connectivity to the rest of the world but our
national infrastructure was still outdated while we
raced to catch up with national fiber rollouts.
Fast forward to today and we now have a strong
national fiber footprint and internet pricing continues
to drop. This is good news for many services’
dependent on internet connectivity as well as the
Enterprises who want to use them. We also have
additional undersea cables landing in the next two
years which hopefully keeps driving the pricing down.
So where is the internet going next? The fiber is in the
ground and the international connectivity to the world
is ramping up with requirement. Surely, we are
comfortable? In this area I am never comfortable as
requirements change and we should be ready. Here are
some of the things that I think will affect South
Africa’s internet in the next 5 years.
SD-WAN will be heavily adopted for its flexibility
and cost savings. MPLS is a great way to connect your
Enterprise sites. SD-WAN does it better and gives you
more control. Research this as not all SD-WANs are
equal and it should never be bought from an ISP. It
would be no different to MPLS as the enterprise
doesn’t have control. SD-WAN should be run over the
internet for best cost savings.
Faster adoption of IPv6. The Internet of Things is
talked about constantly and it really does sound great
that my fridge will tell me I need milk. I do see it from
another angle however. Consider the impact of ten
E
Experts' Views
34

35. Nick Treasure decided to step
out of a Law degree to pursue
his passion in IT. His parents
didn't approve. He has since
worked around the world
building Internet service
provider networks and assisting
large enterprises realise their
key business drivers by
architecting connectivity
solutions that maximise their
potential. One thing is for
certain, he is very happy with
his choice to move to IT.
times more IP addresses being used to cater for IoT.
This is practically forcing an IPv6 rollout in the next 5
years as Enterprises won’t want security devices
having to translate IPv4 and lose performance.
Decisions on Internet will have an eco-friendly
element. It is predicted that the largest growth of the
internet will be in developing countries and I believe
this to be true. Vendors hardware will need to be
energy efficient and renewable energy sources will
become a more prevalent way of powering Datacenter
hardware. This is especially important in a country
with unstable electrical supply.
The Emergence of Augmented Reality for business.
While Augmented reality is currently more of an
entertainment gimmick, Enterprise internet will need
to cater for a new world of working with augmented
reality integrated into business drivers and processes.
Collaboration and Marketing will be at the forefront
of developing AR applications for Enterprises.
Elon Musk also plans to have the Internet on Mars by
2030 but it will take around 24 minutes to start
loading a website. That’s one small step for man, one
giant leap backwards in internet connectivity!
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38. O
ver the recent years, the pharmaceutical industry
has seen changes in terms of business as well as
regulatory directions. Therefore, the development
of risk management and lifecycle approaches to new and
existing products has helped in bringing faster delivery and
higher quality of therapeutics to the market. Moreover, they
are assisting businesses to take advantages of more flexible
regulatory frameworks, improve productivity and achieve
an overall better quality control.
However, to accomplish these tasks, enterprises (especially
large ones with complex supply chains and long
development cycles) require advanced collaborative
technologies that enable experts to collaborate in risk
management using prescribed workflows. This in turn,
allows fast and reliable comparison of risks and a
continuous flow of risk communication among the relevant
stakeholders. To simplify collaboration and complete these
tasks seamlessly, (4TE) developed4Tune Engineering
TM
iRISK as a Cloud-based platform to bring easy
knowledge sharing while maintaining a structured and
consistent risk approach across the company.
Improving the Entire Product Life Cycle with
Comprehensive IT Solutions
Established in 2004, 4TE develops state-of-the-art IT
solutions focusing on operational excellence. It facilitates
companies to decisively improve the entire life cycle of
their products and processes with intelligent and industry-
proven solutions. Moreover, 4TE offers valuable
performance improvements to clients over their entire
process-product lifecycles, using innovative
Manufacturing-Sciences & Technologies (MSAT) services
and products. Also, its proprietary platform iRISK—an
excellent outcome of its expertise with Quality Risk
Management - is the winner of an international award in
2017.
TM
Refining Clients’ Risk-based Decisions with the iRISK
platform
The accomplished risk management solution provider’s
primary target are clients from the pharmaceutical industry,
as well as other manufacturing industries such as fine
chemicals and petrochemicals. Using iRISK, 4TE enables
its clients to quickly analyze, visualize, query, and compare
risk projects for different products, processes, production
sites, etc. Based on such information, iRISK leverages risk
management to the point where risk-based decisions can be
made in an effective way. Along with these decisions,
iRISK guarantees its consistency too through its proprietary
Workflow Designer.
A Pacesetter Persona Leading 4Tune Engineering
The Founder and CEO, of 4Tune Engineering, Jose C
Menezes, is a seasoned professional with an experience of
about 30 years in different fields. At 4Tune Engineering, his
major role is to strategize innovative offerings that align
with the upcoming changes in its clients’ industry.
Likewise, Jose understands and foresees the pressure that
markets and regulators would make to the industry’s
operational focus on quality, productivity, time-to-market,
and continuous improvement. He believes that the industry
requires end-to-end strategies for commercial processes and
a robust foundation for lifecycle management from early-
stage product/process development all the way through
manufacturing operations and clinical performance.
Enabling Risk Management Throughout
Life Cycle With iRISK™ Platform
4Tune Engineering:
38

39. customers who are sizable companies working in one of
the most regulated industries in the world.
Conquering the Challenges of Fast-Moving World
like a Pro
In the modern business world, technologies have been a
major factor for altering the way things happen and
transfigured every industry for the better. Having major
clients from the pharmaceutical industry, which is not
only the most regulated but also a rapidly evolving
sector, 4Tune Engineering faces continuous variations in
clients’ requirements. It is a fact that making use of
traditional tools, such as spreadsheets, to manage risks
on a global level is just impossible and companies need
solutions coming from a technological platform, aligned
with their business process, and complying with the very
specific regulatory framework they operate in.
In such a transforming environment, to rise to the
occasion, 4Tune Engineering keeps developing its prime
solution iRISK with a dedicated focus on the
pharmaceutical industry. In addition, to spread
awareness of its market-proven out-of-the-box solution,
4Tune Engineering plans to increase its investment in
marketing & communication efforts. Moreover, the
company’s growing client portfolio (which includes
giant organizations like Merck and Boehringer-
Ingelheim) enhances its profile.
The Need for Young Talent for a Newfangled
Perspective
Having seen several technological developments
throughout his journey, Jose discovers the need for
young generation to support the growth of iRISK. As the
millennials’ choices of fields have become fancier by
time, it is a bit of knotty task to get young developers.
“In order to attract them, providing them with a good
work environment in a great location is not sufficient,
but making them realize the importance of the outcome
of the work they will perform is fundamental” says Jose.
By connecting their job to the direct result of making
better and cheaper lifesaving pharmaceutical products to
the population, he believes that he can create a driving
force necessary to maintain the growth of his team with
the younger demographics.
Galvanizing the Workforce to Meet Plethora of Needs
Employees are the most important asset of a company; an
organization becomes what its parts make it. The team of 4Tune
Engineering is composed of a highly qualified, experienced,
flexible, and dedicated team. The versatile and capable team of
4TE has already built up a reputation among its multinational
clients.
As an innovative market leader, 4TE believes and relies on its
team to constantly strive for new ways to solve its clients’
problems. Moreover, to align the company’s mission with team
members, 4TE is open to their ideas and empowers them to lead
their innovation projects until fruition. Additionally, with more
than 10 years developing IT solutions, 4TE prescribes its
employees to work in multidisciplinary teams towards well-
defined goals under pressure. This leads to meet the desires of its
Jose C Menezes | Founder & CEO
39
At 4Tune Engineering, we provide
sophisticated engineering solutions
and manufacturing-science
innovations to enhance our client's
business performance and support
Business Process Excellence over
the entire process/product life-cycle.
Tech Solution Providers, 2019
Most Reliable
The
R sk
i

40. Modern
Technologies
That Are Altering the
Human Lives
In the last few decades, many technologies have
emerged and transformed human life. These
technologies integrated with the devices make any task
easier to do. Smartphones, cloud computing, multi-touch
tablets, these are all innovations that revolutionized the way
we live and work. From the invention of the internet to the
cutting-edge technologies like Cloud Computing, Artificial
Intelligence (AI), Machine Learning (ML), Internet of
Things (IoT), Virtual Reality (VR), etc. are constantly
changing and showing no sign of slowing down.
Moreover, technology has helped today’s employees to
work faster, smarter as well as enabled them to
communicate with each other more efficiently. Many
organizations started developing their own technology and
enhancing their existing technology system to become more
productive in their workflow. Technology has become a
significant part of our daily life and we simply can’t live
without it. Hence, these are some of the technologies that
are changing human lives.
Ÿ Virtual reality (VR)
Virtual reality has been around since the 1950s and until
recently the technology wasn’t able to deliver the fully
fascinating digital experience that consumers have been
craving for. These days virtual reality has been used in
numerous movies, games, serials. Some of the best
examples of VR are Game of Thrones (GOT), Avatar and
First Man. With the recent improvements in hardware and
programming, the borderline between real and the virtual
world is shrinking. Many organizations are adopting this
technology to help them understand customers more
effectively and optimize their sales and marketing efforts.
Similarly, this technology can be used in other industries
and in the advancement of their workflow. For example, in
the healthcare industry, the VR can be used for in surgical
operations. Instead of, directly operating on patients the
doctors can use VR technology. It will help doctors to
simulate the operation in a virtual world and under the
supervision of expert doctors, the trainee doctors can
perform the surgical operation correctly.
Ÿ 5G Network
Nowadays, 4G network is used by numerous smartphones.
The 4G technology boosts the phones by offering internet
speeds that will let people download entire movies within
seconds and most likely bring big changes to video games,
sports and shopping. But, as smartphones come with new
amenities, it requires a new network that would keep it up
with the latest developments. Therefore, to bring huge
change to both smartphone and fixed wireless data networks
5G is introduced. Users are excited about the launch of the
5G because it offers more benefits as compared with 3G
and 4G. 5G technology comes with a high data rate,
reduction in latency, energy saving, cost reduction, higher
system capacity, and massive device connectivity.
Furthermore, it will also affect many other kinds of devices,
including industrial robots, security cameras, drones and
cars that exchange data to one another.
Ÿ Virtual assistant
Virtual assistants are part of our daily lives. These assistants
offer entertainment, information, assist in various chores
and has become our life’s personal manager. From shopping
and booking to playing games, they manage all the tasks.
6
Mega Trends
40
Modern
Technologies
That Are Altering The Human Lives

41. Furthermore, many small startup companies are also
working on introducing their own virtual voice assistants
which are AI-powered. Besides that, technology giants like
Google, Microsoft, and Apple are teaming up with other
companies to build products that can truly connect with
each other and work on their command. These assistants
would enhance the customer’s experience and offer their
aids in many tasks which need to be performed by a human.
Ÿ Leap motion technology
Many companies introduced TV and laptops with multi-
touch display. However, the display constantly needs
human aids to perform the tasks. Due to this, the user’s
hands could get very tired with prolonged use. To resolve
this issue, Leap Motion technology can be used to work on
devices. The leap motion tracks both hands and all 10
fingers as they move through the open space between user
and its device. In addition to this, special software is used to
detect hand gestures and translates the data into information
for the device. As a result, leap motion allows users to use
his/her hands and make a gesture to perform any task. For
example, scrolling the web page, zoom in the map and
photos, sign documents and even play a first person shooter
game with only hand and finger movements. In this way, a
human doesn’t need to touch the device to complete any
chore.
Ÿ Autonomous vehicles
The innovative technology is transforming the automotive
industry in every way. Moreover, today’s semi-autonomous
vehicles and the fully autonomous vehicles of the future
will rely heavily on AI systems. Furthermore, the self-
driving car comes with sensors that gather data from the car
surrounding and help the vehicle to drive properly. The
latest technologies such as hand gesture reading, 360-
degree camera system, voice command feature, and
adaptive cruise control technology can transform the self-
driving cars. In this way, the autonomous vehicle would
reduce the traffic, follow proper traffic rules, and decrease
the accidents to save human life.
Ÿ Blockchain technology
The blockchain technology, due to its reliability in handling
information, becomes an obvious choice for improving data
handling in the various industries. Blockchain technology is
used by companies to transform time-consuming,
centralized, and less reliable and less secure systems.
However, blockchain technology is not used by the
industries much. It will take several years for this
technology to become a major component for developing a
new system. For now, the technology professionals are
working to integrate the blockchain technology with others
for implementing a new system.
Conclusion:
Even as new technologies are developed, innovation around
the application of existing technology is rapidly changing.
However, humans are becoming more attached to these
technologies. As technology grows, it will change human
lives as well. With all those technologies constantly
evolving, we can hope that they do not enslave us but make
our lives easier.
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