Emerging Technologies For Digital Transformation

Covering observation, evaluation, and recommendation for emerging technologies for digital transformation to be more impactful in context of land-locked developing country (LLDC) like Nepal.

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Pramod Parajuli

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Emerging Technologies For Digital Transformation

Covering observation, evaluation, and recommendation for emerging technologies for digital transformation to be more impactful in context of land-locked developing country (LLDC) like Nepal.

Uploaded by

Pramod Parajuli

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as PDF, TXT or read online on Scribd

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Emerging Technologies for

Digital Transformation

A Program on Knowledge Exchange on Digital Transformation

September 24, 2021
CAN Federation Nepal

Presenter: Pramod Parajuli

Founder, Puryani Ventures
Chief Innovation Officer, Nepal Payment Solution
Mobile Banking App ‘Mero Sathi’ of Nepal SBI Bank Ltd.
Robotic Process AI in Cyber Risk Data Analytics for
Automation in Security Management in Service Hubs Business
Banks SOC/SIEM Credit Allocation

Regulatory/
Supervisory Electronic AI for Effective Kishan App for
Information Medical Records Learning in FinTech & Trading Solutions
Systems (EMR) Academics Compliance

Internet of
Things, Chatbots in
Payment and Service Robotics Intelligent API
Lending Services Native Language Management
Automation (Romanized)
Blockchain for
Financial Open Banking, More Service Service Mesh for 5G!
DeFi Robotics Mobile Apps
Transaction

Predictive AI for Fraud

Sensor Networks Analytics/ Conversational AI GDPR adoption
Maintenance Detection

Dynamic Hyper Conversed AR/VR in Medical Everything-as-

Infrastructure Edge Computing Practice, Tourism,
Workflows (HCI) Education etc. a-Service

Automated Risk Automated AI Assisted Personal & Social Cognitive

Medicine Computing for
Rating Underwriting Discovery Robotics Business
The age of
“disruptive technologies”

Ride sharing, crypto currencies, NFTs,

reusable rockets, ...
Expected benefits

Transaction cost theory Agency cost theory

An observation
Many digitalized B2C services are still powered by intermediaries in
traditional fashion due to

- consumer’s lack of know-how on consuming the services

- professional service providers already have consumer-base

- service providers feel it too risky to introduce dis-intermediation in

their value chain

- some specialty services do require intermediary

Another observation
Use of digital wallets that provide more features and services thank
mobile banking is still limited to an estimated 9 million users while
the population of the country is estimated to be 30 million! The no. of
active users can be expected to be even lesser.

- Are citizens reluctant to use digital financial services?

- Are suitable services provided by the digital finance platforms?

- Is digital literacy and financial inclusion lacking in the context of

Nepal?
Worldwide IT spending forecast (Millions of U.S. Dollars)
2020 2020 2021 2021 2022 2022
Spending Growth (%) Spending Growth (%) Spending Growth (%)

Data Center Systems 178,466 2.5 191,648 7.4 201,659 5.2

Enterprise Software 529,028 9.1 598,957 13.2 669,114 11.7

Devices 696,990 -1.5 793,973 13.9 800,172 0.8

IT Services 1,071,281 1.7 1,176,676 9.8 1,277,228 8.5

Communications Services 1,396,287 -1.4 1,444,980 3.5 1,481,878 2.6

Overall IT 3,872,052 0.9 4,206,234 8.6 4,430,051 5.3

Gartner (July 2021)

The role of ‘first-principles’ and ‘design-
thinking’ to fill the gap!
A wish / मे रो इच्छा
A farmer be able to converse over a phone call/mobile app to check
balance of her/his bank account, transfer money, and trade
agriculture products just by speaking in their localized voice!