Interview

Aviskaran Technologies: At the Forefront, Presenting the Business Ecosystem in a New Light with Digital Solutions

Written By : Market Trends

Aviskaran Technologies was founded in 2018 with the mission of 'bringing simplicity through technology.' The company specializes in cloud, data, digital assurance, and AI consulting services and helps clients solve their business challenges through innovative technology services. The team brings forth a wide range of digital transformation solutions such as custom software development, IoT, big data, machine learning, analytics, continuous testing, maintenance, and support. Aviskaran partners and collaborates to develop customized solutions for various industries such as life sciences, healthcare, HR, insurance, and financial services. 

The company's primary vision is to make digital solutions available in the best possible way by leveraging its resources in the most creative and innovative manner to develop a better world. The technology services that Aviskaran offers include staff augmentation, cloud and analytics, validation and quality engineering, software product implementation, data insights, AI solutions, and cloud and data consulting. Besides, the company serves as a service implementation partner for SaaS companies.  

Today, businesses are transitioning from the traditional to the digital realm of operations, and Aviskaran enables them to adopt digitalization to work effectively and seamlessly from their existing systems in a much-improved manner. 

The company helps businesses provide services in staffing solutions, cloud migration, cloud modernization, application development, mobile development, and AI modelling, as well as work on maturing data systems and building models to improve their journeys by utilizing data in the decision-making process. It also offers service implementation partnerships for SaaS companies and technology product development. 

Its staffing solutions empower everyone by bringing digitalization to life while delivering immersive, compelling experiences to businesses. Aviskaran's innovations help global industries choose precise platforms and assist them in putting their best foot forward through cloud technology. The company develops products for more resource-efficient firms that form the backbone of billions of people globally.

Denting the Business Ecosystem with Tech-enabled Solutions 

Aviskaran had its humble beginnings in Chicago, Illinois. Ram Konduru founded the company in March 2018 with the vision of becoming a market leader in delivering technology-enabled solutions to businesses. Its initial footprint was focused on building a people-centric organization and bridging the gap between technology and businesses. Now, the company has successfully expanded its operations with offices in Hyderabad- India, and Boston- USA. 

Aviskaran's mission is to help the clients realize higher business value by opening up doors to cost rationalization and productivity management with the best customer experience. 

Technology is evolving rapidly and so are businesses, and it is essential that the operations are conducted in close proximity, hand-in-hand. As a well-known fact, the biggest challenge faced by any business leader in their technology projects is not the implementation, but rather its adoption. So, the significant value-add and key differentiator is to help businesses realize the true potential of their technology projects by not just implementing it, but helping them to successfully adopt the technology and realize the value to see an ROI in the project. 

A Go-to Techno Geek at the Forefront of Transformation

Ram Konduru is the proactive Founder and CEO of Aviskaran Technologies. He is an executive leader, serving as a trusted advisor and confidante to executives, board members, management teams, and staff. In collaboration with enterprise business process owners to establish policies, governance procedures, management, and standards, he has managed technology and business process delivery teams to develop modern scalable enterprise architecture, implement digital strategy and roadmaps, and enable competitive enterprises to use their data as a strategic asset.

Ram has built a Technology Center of Excellence and Competencies for organizations in his executive role to create training requirements and promote data-driven culture. As a solutions-focused leader, he has helped multi-billion-dollar businesses become data-driven by increasing their agility, enhancing operational efficiency and effectiveness, and improving their innovation to unlock new revenue streams through digital transformation initiatives. His strategic initiative for a Fortune 500 company resulted in an increase in improved operational efficiencies by over 75% and the facilitation of more than 60% data availability for global business users. His advanced analytics and data science initiative at an auction company resulted in an additional US$50 million in revenue as a result of fixing revenue leakages and quicker inventory turnover. 

According to Ram, there are several leadership competencies that emerging leaders should possess. It includes: 

  • Digital Strategy and Roadmaps Advisor
  • Analytics and Technology Program Leader
  • Data Management and Governance Senior Executive
  • Business Process Improvement Specialist
  • Enterprise Reporting Solution Architect
  • Collaborative Business and Technology Partner
  • Transformation Strategist
  • Trusted Coach
  • Skilled Communicator
  • AI or ML Technology Enthusiast

Ram is a thoroughly determined and multi-faceted personality, immensely inspired by the teachings of his great grandfather, a businessman, who strongly believes in driving change and creating absolute value for the customer. This motto has remained the foundation of the company. Ram has completed his Executive MBA from Massachusetts Institute of Technology, USA, and is a Stanford Alumnus, specializing in the corporate innovation program. In India, he graduated from NIT in chemical engineering and joined Oracle as a product developer before moving to the USA.

Leading Towards an AI Future with Next-gen Products 

Artificial intelligence has a wide range of uses in businesses including streamlining job processes and aggregating business data. Aviskaran has a subsidiary company called ideafuse.ai, which is an AI arm of Aviskaran Technologies. Ram claims that here, the team is building the first product in the AI portfolio called ARKA, which brings the first step to digitization for any small and medium-sized businesses and eliminate the need for paper. According to a study, about 95% of businesses still use paper. The AI product ARKA extracts the data from hard copies into a digital form and can read handwriting and tabular data, and easily translate unstructured and semi-structured data into a digital form.

Another unique feature incorporated in ARKA is that it can select KPI data extraction. Selected KPI data extraction is a self-service system where a user can train the model themselves to extract specific elements from the paper.

ARKA is also useful in the life sciences and healthcare industry to realize the value of their data and to make better decisions using their past data. The team is also focused on building a couple of new products in AI for the hiring industry called Workenz. Workenz disrupts the way hiring is being done for the last 100 years to bring more transparency and efficiency to the overall hiring process and minimize the hiring time from months to minutes. 

A String of Invaluable Innovations 

Ram asserts that Aviskaran is derived from an ancient language Sanskrit, meaning 'invention' or 'innovation'. "We humans are what we repeatedly think and act. Quite similarly, the team believes in continuous innovation and after its repetition, it becomes 'excellence'," Ram adds. He accepts the fact that Aviskaran is thoroughly driven by innovation and supported by excellence.

Innovation isn't something that happens only in the board room or an engineering department. Great ideas can come from employees at all levels and areas of an organization. Ram states that Aviskaran recognizes this and fosters a culture that invites and rewards innovation. He continues that it's essential to look at a problem from different perspectives, especially from an outsider's perspective because being within the system compromises the vision. So, innovation is all about taking a step back and holistically contemplating a particular problem. Ram claims that all the company's products, work, and philosophy are based on this idea. It's the same philosophy Ram applies at the core of the company.

'Strong Partnership' as a Ladder to Success

Aviskaran shares a strong partnership with Smarteeva, which is specialized in complaint handling and adverse event reporting in the healthcare industry. Ram and his team are grateful to Smarteeva for believing in them and partnering with them to create a strong partnership. Aviskaran was established with the key foundation of MIT. It helped in building the ecosystem at Aviskaran by applying the learnings to drive innovation. 

Disruptive Technologies as a Benefactor 

As rapid advancements in technology continue to transform how businesses are developed in the modern world, entrepreneurs are actively exploring smarter ways to operate more efficiently and eliminate issues that have traditionally plagued progress and performance, insists Ram. Leaders are looking for a smarter and more innovative approach to solving business problems. AI-driven technology today is an enabler to solving those critical challenges and problems. Earlier, businesses lacked access to the latest technologies or infrastructure to solve it, but today, the cloud infrastructure has enabled small companies and startups like Aviskaran to be innovative and also make their mark by creating disruptive technologies. The company leverages cloud infrastructure to build its products and services. Today, most of the companies use cloud to create their innovative products. So, a lot of evolution is coming through technologies in the ecosystems and they are allowing tremendous innovations to happen. 

Adapting to the Changing Norms 

Ram reflects that Covid has been the biggest challenge for the company as the team had just begun its full-fledged business operations in 2020. As soon as COVID hit in March 2020, he realized that businesses wouldn't function the same way in the post-covid era and wanted to be part of this change. Industry professionals kept insinuating remote work, the hybrid model, and also about mental stress. And it has also become quite difficult to separate personal and professional lives right now. So, being in the US and starting an offshore entity in India during Covid has not been easy for the company. The team is still facing challenges in figuring out how to attract, empower and give them a holistic view of life, not just work, but to have fulfilment in life. Here, Ram believes that the employer plays a vital role in it. Leaders should try to find out how they can contribute to the betterment of the employees.

Hallmark of Excellence 

Ram mentions that Aviskaran Technologies started operating during his MIT executive MBA journey. MIT is based on the philosophy of action learning and the company has evolved by applying the various learnings in the program. Ram gladly attributes the accomplishments of Aviskaran to MIT. 

Within the company's short journey, it has successfully partnered and delivered its services to the clients and companies such as Capgemini, Dexcom, Smarteeva, Roche Diagnostics, Orion Innovation, Bristol Myers Squibb, Metropolitan commercial bank, ACI Worldwide, Allurion Technologies and Brokers International. Ram and his team are absolutely grateful to all the clients for believing in the company's mission and offerings, and for recognizing its work.

Ram claims that Aviskaran's notable accomplishment is its partnership with Smarteeva. The company has had the privilege to learn about the life sciences and healthcare industry and to be its strategic implementation partner.

To a Prosperous Future with AI 

Many midsize or large companies lack internal technology staffers who can build AI-powered applications, remarks Ram. This gives information technology services firms an opening as companies look to develop custom AI apps. Aviskaran wishes to be a significant contributor to it. The major challenge faced by businesses about AI is its adoption. Most companies are still hesitant to adopt AI and machine learning because of the fear of displacement of jobs. But as a matter of fact, AI is here to supplement and ease the workload so that humans can do what they do the best. AI can help in amplifying the efficiencies and cover the gaps in existing processes. Ram predicts that the technology will play a major role in the next decade as people are still figuring out what is the best use cases that can be utilized for business improvement. He denotes that AI is rapidly evolving from the past decade till today and will unquestionably evolve even further. 

Quote: "Our mission is to help the clients realize higher business value by opening up doors to cost rationalization and productivity management with the best customer experience."

– Ram Konduru, Founder and CEO, Aviskaran Technologies

Management: Ram Konduru, Founder and CEO, Aviskaran Technologies

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