06 February 2018 | News
IHC Annual Lecture by Kiran Mazumdar-Shaw delivered to a packed audience.
Kiran Mazumdar-Shaw, CMD Biocon Limited and Chairperson, Association of Biotechnology Led Enterprises, delivered the IHC Annual Lecture 2018. A widely anticipated annual event in New Delhi’s cultural calendar, the IHC Annual Lectures in the past has featured leading voices from public life on a wide range of compelling topics. Welcoming the gathering, Mr. Rakesh Kacker, IHC Director, said - “Having addressed areas such as Value-based Nation Building with Dr. A. P. J. Abdul Kalam, Global Economic Governance with Dr. Raghuram Rajan, and Sustainable & Compassionate Innovation with Mr. Sonam Wangchuk in the previous annual lectures, it was a privilege listening to Ms. Kiran Mazumdar-Shaw on the transformative potential in Data Sciences and how technology really pushes the envelope.”
Speaking on the topic “Strategic Importance of Data Sciences in Research and Innovation” to a packed and diverse audience comprising of IHC members, entrepreneurs, diplomats, policy experts, researchers, students and the civil society at large, Ms. Mazumdar-Shaw spoke at length in her characteristic lucid style and with deep insight. She underlined that “Data Science can unleash breakthrough innovation and be the most potent instrument for transformative social change the world has ever seen.” The programme was chaired by Mr. Kiran Karnik, President, India Habitat Centre.
She spoke of data as the lifeblood of our rapidly expanding digital existence and its emergence as the new raw material of business. “The International Data Corporation (IDC) projects the global datasphere to grow to 163 zettabytes by 2025. This unimaginably vast amount of digital information can enable humanity to do many of the things that were previously considered impossible. This would transform the information ecosystem, and data will not remain as historical artefacts anymore. And humanity now can make sense of this data and generate new insights, create new knowledge and enable breakthrough innovation by finding relationships between distinct kinds of information”, said Ms Mazumdar-Shaw.
In her lecture, she looked at the various ways in which data science is opening new doors to the future by spurring research and innovation.