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Orientation and Induction Program at Jaipuria Institute of Management, Jaipur

Orientation and Induction Program (Batch 2021 – 23) at Jaipuria Institute of Management, Jaipur

Orientation and Induction Program at Jaipuria Institute of Management, Jaipur

The induction program for the PGDM batch 2021-23 started on 26th July 2021. The first day of the induction program started with “Hawan & Pooja”, Saraswati Vandana, and a welcome invocation song by faculty & staff. Shri Rajeev Dubey, Chairman of Mahindra Insurance Brokers Ltd, Mahindra Steel Service Centre Ltd, and Mahindra First Choice Wheels Ltd; Member, Governing Body of the International Labour Organization (ILO), Geneva; Board Member, International Organization of Employers (IOE), Geneva, was the Chief Guest for the Inaugural session. The Guest of honor was our own alumni (from PGDM Batch 2008- 10), Kamna Mishra, AVP- Credit, Bank of America.

Orientation and Induction Program at Jaipuria Institute of Management, Jaipur

On Day 2 of the Induction Program for batch 2021-23, Jaipuria Institute of Management, Jaipur conducted its first Life & Learning Session. The esteemed speaker for the session was Dr. Sanjay Kumar, Country Director – India, Lakshmi Mittal South Asia Institute, Harvard University, USA, and President, Harvard Club of India. He talked on a pertinent theme ‘In Pursuit of Augmenting Individual Social Responsibility. The session also witnessed the launch of the ‘Human Library’ concept. The next session scheduled in the day was an introductory and very interactive session of Jaipuria Student Council 2021 with the new batch of PGDM 2021-23.

On day 3 of the induction program for batch 2021-2023, Jaipuria Institute of Management, Jaipur conducted its session on Winter Internship for Societal Happiness (WISH) program. The second session of Day 3 of Induction Program 2021 was a discussion on a Book ‘MBA is not about Money, Blazer, and Arrogance’ by Krishna Kranti.

Day 4 of the Induction Program started with the second Life and Learning session. The esteemed speaker for the session was Dr. Beena Pinto, advisor VAST TEC, Bengaluru. She discussed the theme” Train your brain to increase efficiency and effectiveness”. The 2nd session of the day was delivered by Dr. Anita Sharma, CEO of Inkpot Hub who spoke on the topic “Why is Research Important for Students?”  Orientation and Induction Program (Batch 2021–23) at Jaipuria Institute of Management, Jaipur

On day 5 there will be a session on “Professionalism & Officers like Quality (OLQ)” by Dr. Anurag Singh (Dean-Academics). The 2nd session for the day will be the third Life & Learning Session on the theme “Deciphering D2B” where the distinguished speaker will be General Rajesh Sahai. The 3rd session will be an Interaction with Parents of the batch 2021-23.

On day 6, an Alumni Talk shall be organized which will be graced by Tejveer Kaur, HR Executive, Stratogent Technology Services, Bangalore Sristhi Paliwal, MT, Spectrum, Bangalore Surbhi Baj, Assistant Manager at Careers360, New Delhi Lavesh Sharma, Regional Manager, L&T Financial Services, Rajasthan Tuhina Rani, India Head, Talent Acquisition, HR, Itiviti Mumbai.

Orientation and Induction Program - Jaipuria Institute of Management, Jaipur

On day 7, Life & Learning Session – IV will be organized on the theme “Career and Personal Vision” which shall be delivered by Dr. Dieu Hack-Polay, International Academic Professor, Canada & UK. The 2nd session for the day will be on the topic “Laugh it Loud”, in Conversation with Tapas Mohapatra, Co-Founder, Possiblers.

The rest of the induction days are packed with meaningful and instructive seminars like Placements at Jaipuria by Career Management Center (CMC), Student-Driven/ Engagement Activities, Round Table on “Starting Your Career with Start-ups”, “International Exchange and Opportunities” Session, Session on Centers of Excellence at Jaipuria Jaipur, etc. Finally, we shall have the Induction Valedictory on 7th August 2021. The Director’s Address and BOP presentations are also scheduled for the last day of the induction program.

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Jaipuria Jaipur Jaipuria Jaipur Home STUDENT Speaks

Making it to Deloitte- How did the B.Tech. + PGDM with dual specialisation combination act as the perfect fit?

Kushagra Saxena was the first person called inside the interview room when interviewers from Deloitte had arrived on the Jaipuria Institute of Management’s Jaipur campus. He sailed through the Technical Round and was made to wait for 6 long hours till his turn came for the second interview round. Every bit of his body was hurting from fatigue and immense anxiety but he knew, his patience will take him to the organization he has been preparing for, since so many years of his academic life.
This Jaipur boy had once read the American Charismatic- Joyce Meyer’s quote that stressed- “Patience is not simply the ability to wait – it’s how we behave while we’re waiting,” and that day, during the interview, he just could not shrug Joyce Meyer from his mind. He felt his interviewers are observing him and he needs to keep his calm and poise, no matter the circumstances. And Kushagra waited patiently.
Finally, his name got announced and he was the second last person to enter the interview room. “Even though I expected they might be exhausted by then, but it was completely on the contrary. My interviewers had multiple questions coming my way but the trickiest of them was- ‘What do you think makes you fit for the position of Associate Solution Advisor because you had also chosen marketing as one of your specializations?’ I knew this particular answer would decide the outcome of this interview and will make or break my dream.“

Kushagra had picked his specialisations very carefully. He opted for IT as one of the area and Operations & Marketing as another. And he used his foresight to even do a very strategic internship with Mahindra Special Services Group (SSG), New Delhi. Mahindra SSG is a corporate security risk consulting firm that helps organizations reduce risks and enhance competitive advantages and our boy from Jaipuria Institute of Management, Jaipur completed his summer internship project on- “Analysis of Risks and Risk Consulting Firms of India”. While Deloitte came in search of its Associate Solution Advisor – Financial and Risk Advisory, Kushagra’s summer internship experience seemed like an obvious fit to the position on offer. But what did Kushagra exactly answer to make his specialization in Marketing seem like an instant hit to the Deloitte interviewers? He said in simple words- “Knowledge in Marketing is a value add for all profiles, across all organizations. Plus, my internship being highly relevant to the job on offer and my specialization bringing the Midas touch, I believe I am fitter for this job than any other applicant present here today.”
On 5th September, (yes, Teachers Day!) the results were finally announced. A lot of students had sat for the process and 35 were selected for the first interview round. The numbers went on decreasing one round after the other and till the ultimate round- Kushagra survived. “Deloitte is almost every Management students’ dream company. When I had first joined Jaipuria, I did not know my PGDM would help me to reach this far. And the good part is, I will be utilizing both my qualifications- B.Tech. and PGDM at this profile offered by Deloitte.”
Kushagra’s profile will demand him to have sound knowledge of different computer languages alongside various Management skills to execute his daily tasks around identifying and evaluating complex business risks, testing and analysing emerging IT areas and much more!

“But having all said and done, I will miss my B-school for billion reasons. The fest, the conclaves, my responsibilities as the SPOC of MRC, pulling all-nighters to complete assignments, the Singapore trip, bunking class for Nahargarh fort, the silly conversations with friends, being awed by teachers and lecturers, Jaipuria, Jaipur has been everything for the last 2 years of my life,” says Kushagra nostalgically. The boy is now all set to become the new Associate Solution Advisor – Financial and Risk Advisory of Deloitte- the largest professional services network of the world.

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Jaipuria Jaipur Whats New

ABHUDAYA 2018

The word “Abhyudaya” signifies rising and when one rises, one outshines others. Our Inter-college Annual Fest, Abhyudaya ’18 is the kaleidoscope of creative and managerial skills of the young and enthusiastic managers of tomorrow, out to demonstrate their professional competence as budding managers. It has been planned as a two days mega event full of fun and frolic and a showcase of the very best in the world of Schools & Colleges.

ABHYUDAYA team promises you two challenging days, testing your business acumen, creativity, drama, dancing tunes & gala time on both the days with loads of Bang-Wang, music, and unimaginable fun. We assure of the best of the experiences and hospitality.

Visit Website Download Brochure

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Jaipuria Lucknow Whats New

Eduroomz – A Story of Startup by 5 Jaipurians

Among the myriad tales of start-ups in India is a tale worth telling. This is a story of innovation, dream, tenacity and above all, of relentless motivation. This is the tale of Eduroomz.

“The greatest achievement was, at first, and for a time, but a dream.”
Napoleon Hill (from Think and grow rich)

Eduroomz was the dreamchild of Akshay, one of the 5 Jaipurians from the Lucknow campus who introduced the novel concept of providing classrooms to teachers. The journey of Eduroomz started as Akshay ramped up his team and implemented his idea on small- scale. While Akshay’s dream Start-up was just budding, Jaipuria’s MiDCOM BUSINESS CHALLENGE came as a boon to his team as they were given an opportunity to present their business plan. How could their dreams fail them? They won the title and were awarded a cash prize of Rs. 5 lakhs!

“If you have zeal to succeed, you have all you need to succeed”- is what Eduroomz believe in. Eduroomz provide rooms on rent to teachers who wish to impart knowledge but lack space to make their visions a reality. So if you are a teacher and have students with the desire to teach, Eduroomz has a room for you! The best part is the nominal cost, which is as low as Rs. 49 per hour. As a token to contribute to the society and not hinder the stream of knowledge from flowing, even in absence of monetary benefits Eduroomz is determined to provide rooms of knowledge to the weaker sections of society. So if you see an air conditioned classroom at Rs. 49 per hour (irrespective of the strength of the class), flexibility in terms of timings and independent work space to teachers, you are looking at an Eduroomz!

The Eduroomz team comprises of 5 members. Since it’s a startup by students, role switching is common and in a way this strengthens the team to explore all operational perspectives.

Right from the very beginning, Jaipuria Institute of Management, Lucknow has provided an uninterrupted support to Eduroomz. Because the expert team could recognise potential in budding enterpreneurs, be it providing various platforms to showcase a plan, mentorship and guidance, or networking, Jaipuria has been a pillar of support to Eduroomz. Jaipuria has also been working upon the team’s request to incorporate an incubation centre collaborated with the U.P. government.

It’s not that there have not been obstacles in the journey of Eduroomz. When it comes to education, ideas and results often do not coincide. Eduroomz has endured the obstacles and has built up a robust client network. Eduroomz is Lucknow’s well- knit network with well-equipped classrooms, conference halls, computer labs and study lounges. Eduroomz own 50+ properties with more than five thousand teaching slots in a month, where the priority is to provide teaching by experts at affordable prices.

Eduroomz is still experimenting to include other services, planning to expand its horizons over the next decade and create a niche where online teaching is taking over offline classrooms.

The most unanimous message that these young entrepreneurs wish to convey to those who aspire to have a start- up of their own someday is to be assured that no matter how meticulously they plan, their plans will fail, but the key is to plot a new scheme every time the old one is reduced to ashes. They also suggest stepping out and analysing the needs of target customers instead of planning in isolation because the key to a successful start- up is knowing the demands of target population and targeting them. Jaipuria is glad it could provide aid to these young minds and is committed to their success throughout their journey.

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Jaipuria Lucknow STUDENT Speaks

Good attitude, coupled with hardwork helped PGDM’s Sulaxmi of Jaipuria Institute of Management, Lucknow come a long way

“There is a thing about trust. It helps you achieve great many things,” believes Sulaxmi, the PGDM graduate of Class 2018 of Jaipuria Institute of Management, Lucknow. Sulaxmi just bagged herself a placement with Capital First and she couldn’t thank her faculty and mentors enough. For her, “had it not been for their unwavering support and the trust of my mother, the journey would have been incomplete.”

From the moment you start speaking to Sulaxmi, you realize, the humility and simplicity with which the girl approaches life. Thankful to circumstances, friends and kins at every step, Sulaxmi happily sidesteps all the personal effort and hard work she has put in her 2 years of PGDM. When asked, what is it that she wants to do with her first salary that she would be drawing from Capital First as a Associate Credit Manager, she remarks “Family first! I want to send them gifts as token of my appreciation. They need to know how important they have been throughout, for me.”

The Kanpur girl wishes to bring to her organization her undying spirit. “I want to stabilize relationships and enhance the levels of cooperation, collaboration, and trust that exist between people by interacting with others personally, competently, and effectively,” she elaborates. But just what kind of training does she have in order to achieve any of it? The classroom pedagogy at Jaipuria Institute of Management, Lucknow consists of unique mentorship programme, diversified peer group, highly experienced faculty, strong industry exposure, and individual development programs. These couples with a state-of-the-art campus have helped Sulaxmi rise above her dreams.

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FACULTY Speaks Jaipuria Jaipur

How Social Media & Google Search Can help (or Hurt) you in Job Hunt

Are you out of work? You have to hunt out for job now/ Have to change your job. The first thing that comes to mind when you are looking for a new job is putting together a good CV. Yes, you are thinking absolutely right. But this has today become little old-fashioned. Today internet is quite popular with job seekers. In the earlier days, an only way to know about the candidate for interviewer was to read the piece of paper written by the candidate himself called CV aka Resume aka Curriculum Vitae.

A CV used to be a piece of paper- essentially but played a very vital role in deciding a candidate’s destiny. This paper acted as a guessing piece for prospective employers to know your past, present and identify how as an employee you would turn out in future.

It has been quite some time that the new CV is in the town called – Google. All one needs to do is type your name into search engine of Google, and alas what you see if you are anywhere closer to internet which is likely to be… be it FB, Twitter, LinkedIn, your past and present employers sites or any other world of online media much about this can be visible (based on your privacy controls) and they know about your virtual life in and out. Ironically statistics proves that across the globe 35 % to 66 % people are rejected by employers based on findings through Google about them. The causes of rejection can be anything from bad grammar to spell errors, obscene language to bad words for previous employer, or it can be any incongruous content. At the same time your Google presence creatively; impressive network and demonstrated professionalism ay help you to fetch the job very easily.

Are you zapped? So was I. when I thought about it. Today we just cannot imagine our life without Google. Here’s a small piece of advice for all young aspirants to manage their Google CV well. You can oversee your Google search, Fill in your details completely wherever possible, and magnify your online presence.

1. Oversee

Sketch your own personality. The one you would like to be drawn to your prospective employer. The list of adjectives that add acclaim to yourself needs to be identified. It can vary from being professional to disciplined and hardworking; confident to well connected; trustworthy to cheerful disposition just to name a few. Once you have made up your mind, Go and Google yourself. Go to all the possible pages that are visible on first 50 or 100 searches and edit / delete anything that you may feel contradicts the image you wish to carry out. If you find something contradictory, and you don’t know how to remove the same, use again Google for it. Google definitely had answers for your complicated queries and step by step instructions to follow. Be 100 percent assured that you are the only one who needed this, there are many more earlier than you have already had similar doubts. Pick the latest ones from the search options and follow the same.

2. Fill In

For this piece of portion I advise fill the fill in the blanks wherever possible, even the bullet points, sub points. I mean to say, fill in every minute details possible, until and unless you got solid reason to leave them blank. On sites like LinkedIn, Twitter definitely ensure that you fill it completely and keep it updated, since an outdated profile will only make you unprofessional.

3. Magnify it

How one can increase his virtual aura is important to note. There are several ways to do it.

Blogs: Today people right about themselves, their own thoughts, comments about the world’s latest happenings. If you don’t have one, its ok, start one today based on the expertise you carry and keep updating it on regular basis. Still don’t know how to go about it – again guru mantra is go Google it. There are over 200 million blogs in the world; all one needs to do is to find out how to avoid the identity crisis. Employers generally prefer to see concrete and expert opinions on your blogs rather than philosophical writings.

Twitter: for some writing in 25 words is in thing. Blogs have become outdated for them. Texting and tweeting have become so popular that if you go for it, brevity becomes your identified skill.

YouTube Videos: Many prospective employers wish to see your presentation videos. Use your smartphone to get some videos clicked for you and create your repository on YouTube. You may use various other options available on the internet, but YouTube is the best one that can be utilized.

Forums: the organized groups on the subject matter are formed on the internet and are available on various social networks are the right places to be in. Join the one that fits you apply and where you can speak up on regular basis and demonstrate that you are an expert in the subject/ area.it is a wise decision to get noticed as a specialist through these forums.

After this one can really feel that he/she already had a resume which is just a click away and Googling really going to be an important decision-making attribute.

Dr. Sheenu Jain – She is Assistant Professor, Marketing & Entrepreneurship at Jaipuria Institute of Management, Jaipur. She can be reached at sheenu.jain@jaipuria.ac.in

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Jaipuria Jaipur Whats New

Learning “Business Strategy” with Bela Badhalia- the CEO of Adbhut Jewellery, a day at Jaipuria Institute of Management, Jaipur

Over the last decade, women entrepreneurs have long broken the glass ceiling and have been critical drivers of the economy in India. At a latest industry interaction, Jaipuria Institute of Management, Jaipur had the opportunity to hear from the dazzling and dynamic Ms. BelaBadhalia, the CEO of Adbhut Jewels who has been the recipient of multiple awards and accolades in the field of Jewellery design, business and execution.

“In order to fulfill your dreams, you need to dream first. And oh, make friends with the failures,” quipped the speaker while sharing her life experiences to the students. Her speech revolved around the importance of effective strategy to run successful business ventures. “Strategy is an action plan and should be drawn keeping long term perspective in mind,” remarked Bela Badhalia.

Enumerating the challenges poised by the latest economic changes in India, she insisted students to stay in touch with the strategy of the company or the organization they are working with. “I had to change my plans and strategies during the time of demonetization. The sudden government policy introduced limit on monetary value for purchasing jewellery, therefore, I had to almost change the product portfolio within the wink of an eye and it would not have been possible had I not stayed in close touch with the Strategy of my business. You need to align your business goals with the vision you had started the business with, in the very first place.”

She further shed light on various aspects of strategic management by stating importance of setting vision and mission for the organization, choosing a product/service depending upon the market, making detailed analysis of external environment and organizational strengths, and to formulate strategies to meet the desired objectives. She advocated setting SMART goals and to break the long-term goals into annual goals to achieve them.

Bela Badhalia is also known for Dyuti- a start up initiative for generating employment for women in the jewellery industry. Passionately fighting for women rights and fetching means to bring women empowerment, Bela Badhalia’s Dyuti served as a complete inspiration for the PGDM students of Jaipuria Institute of Management, Jaipur.

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Jaipuria Indore Whats New

111 PGDM students conferred diplomas on the 6th Annual Convocation Ceremony of Jaipuria Indore

Convocation days stay forever in the heart of graduates and April 22, 2018 was one such for Jaipuria Institute of Management, Indore students. It was an affair of elegance, poise and absolute motivation- one that saw 111 PGDM graduates taking their diplomas and walking down the aisle- proud and beaming with joy. 2 years passed within the wink of an eye and there was a sense of absolute mirth everywhere. After all, the big day had arrived!

Soft music filled the air. As the clock stroke 1pm, friends and families of the graduates started arriving in the auditorium. The stage looked grander than ever. The hall glimmered with an overwhelming spirit of celebration. The red carpet was spread. There was magnolia and orchids everywhere. Shri Deepak Joshi, Hon’ble Minister of State (Independent Charge), Technical Education and Skill Development, Government of Madhya Pradesh was the Chief Guest for the 6th Convocation ceremony.

The clock stroke 1.30pm and the convocation procession entered the auditorium. Shri. Sharad Jaipuria, Chairman, Board of Governors, Jaipuria Group lead the gathering with Chief Guest Shri Deepak Joshi and Guest of Honour- Shri. Satish Borwankar, Chief Operating Officer & Executive Director, Tata Motors Ltd walking beside him. Following the dignitaries were proudly robed faculty and the graduates.

Shri Sharad Jaipuria declared open the Convocation ceremony. Chief Guest, Shri. Deepak Joshi along with the Guest of Honour- Shri. Satish Borwankar unveiled the annual magazine of Jaipuria, Indore- Srijan. The ceremony proceeded with Dr. Harshavardhan Halve, Director, Jaipuria, Indore reading the report for the academic sessions 2017 – 2018.

The report gave an account of all the milestones achieved during the last academic year. The report highlighted the initiatives taken in the area of academic excellence, research projects, management development, faculty development and consultancy projects. “More than 60% students achieved paid internships, a big leap from the figure of 30% last year,” elaborated Dr. Halve. Among top companies which have been repeatedly recruiting from Jaipuria Indore such as Deloitte, ITC, Euromoniter International, Pepsico, Various Banks and Microfinance companies for final placements, 27 new recruiters have been added to the list.

The ceremony progressed by conferring Post Graduation Diplomas in Management to 111 students of PGDM batch 2016-18. Ms. Divya Sethia was awarded the Chairman’s Gold, Solanki Khushal Chaturbhai with the Vice-Chairperson’s Silver and Insiya Ali with Director’s Bronze Medals.

Shri. Deepak Joshi was invited on the podium to deliver the Convocation address. “I congratulate each one of you for being where you are today,” remarked the Chief Guest. He shared his views on leadership and enlightened students about the various skills one must acquire in their journey called Life. He talked of the importance of professional knowledge and competence, vision, courage, integrity, humility and strategic planning which a person should develop in order to become a successful leader. He ended on a note that, “A good leader is the one who takes a little more of blame and a little less of credit.”

The event came to an end with the vote of thanks delivered by Shri. Shreevats Jaipuria, Vice Chairman, Jaipuria Institute of Management, to the dignitaries. He also thanked Dr. Harshavardhan Halve, Director, Jaipuria Indore, for being a constant motivation to the students and wished the graduating class- “a glorious future ahead!”

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Blog Jaipuria Jaipur

“Challenge the status quo,” says the dynamic Guest of Honour Shri Sanjay Aggarwal at the 11th Convocation Ceremony of Jaipuria Jaipur

May 10, 2018, Jaipur: The auditorium at Jaipuria Institute of Management, Jaipur stood decked up with red carpets spread across the floor. Amidst lights, flowers, laughter and music, there was excitement and vivacity at every single corner of the campus. After all, 118 PGDM students of Class 2018 were all set to receive their diplomas and step out in the professional world.
Jaipuria Institute of management, Jaipur looked ever more beautiful on 28th April, 2018- it was time for the 11th Convocation of the B-school.
With 10 more classes having graduated from the institute ever since its inception, Convocation has always been a regal affair. Students’ parents and families fly down from all across the country with Chief Guest and Guests of Honour making the occasion, even more special.
Leading the student procession was Shri Sharad Jaipuria, Chairman, Board of Governors, Jaipuria Group. Walking beside him was the young and dynamic Chief Guest- Shri Sanjay Agarwal, Managing Director AU Small Finance Bank Ltd. Following them were the faculty of the B-school. The clock stroke 11.10 am and the Stars of the Ceremony appeared, robed and in their graduating caps- walking down the aisle for one of the very special days of their lives. It was a spectacle to behold!
Dr. Prabhat Pankaj, Director, Jaipuria Institute of Management, Jaipur presented the academic report for the year 2017-2018. Placements, industry interfaces, experiential learning opportunities, paper submissions, thesis work, workshops, researches, industry visits, etc. ear marked the academic year of 2017-2018. Class 2018’s placements saw students being picked by some of the marquee brands of the country and many of them successfully complete paid industry internships during their PGDM. The Convocation Ceremony also awarded the Best Faculty and Best Alumni of the year!
Shri Sanjay Agarwal, Managing Director AU Small Finance Bank Ltd. conferred the Diplomas to the graduates. He took the podium amidst thundering applause and started at a heart-warming note, establishing instant connections with the students. “You are all ready with presentation and speaking skills, after all your 2 years of PGDM journey has prepared you for it however, I have been away from this for a while, 25+ years you see,” exclaimed the dynamic speaker on the stage. His speech became even more endearing when he mentioned- “Whatever we are, we are product of our choices. Make yourself competitive. Challenge the status quo and remember, there is no perfect world. You make your world perfect.” By the time, Shri Sanjay Aggarwal concluded his Convocation address, there was an absolute sense of thrill in the eyes of the young graduates- their eyes shone with the hopes that the future upholds.
The Ceremony came to a successful completion with Shri Shreevats Jaipuria, Vice Chairman, Jaipuria Institute of Management delivering the Vote of Thanks. Flashes from camera, hugs, compliments, food and merriment took over the noon thereafter.

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Whats New

How Artificial Intelligence Will Impact Businesses In 2018

The 20s classic German movie, Metropolis brought the concept of Artificial Intelligence and robots to the silver screen. Since then Star Wars, Blade Runner to Autobots in Transformers, and the stunning Ava of Ex-Machina, AI characters have caught our imagination. But what was once in the realm of make-believe has become our reality. Art only imitates life, after all, and now futuristic technology is already a part of our everyday existence.

A few years ago, the supercomputers that made the right moves on the chessboard were our only reference to AI. But now these instances are coming in varied forms, fast and thick. Recently, an AI completed a University level Math exam 12 times faster than humans. Facebook chatbots went on to create their own language. Machine learning AI is getting smarter, quicker, and more innovative by the day, and their impact is felt taking the business world by tremors.

A recent study predicted that the machine learning market, which stood at $1.41 billion in 2017 will grow to $8.81 billion in just five years. Can you even imagine? Technology is the way forward for service businesses and the good news is that it is becoming accessible to all. Even small and medium-sized businesses can use AI and related technologies to good effect. So the impact of AI on business is going to be widespread and here are some of the trends we will see this year.

AI leads to smarter marketing

Point 1 (2)2018 will see a growth in AI being leveraged to offer consumers a more personal experience. Dynamic landing pages, programmatic advertising will become a norm. But an even greater influence will be seen in the world of social media marketing. AI is already being used to understand consumer patterns. This year you will see posts that are targeted at a certain time with a specific message to hit the spot with the consumer; all thanks to AI.

 

Taking eCommerce to greater heights

point 2If you have recently browsed for a pair of jeans on an eCommerce platform, you might have noticed your social media page is filled with ads for similar products. Your online behavior and purchase history are being analyzed, and the strategy will be more pronounced from this year. AI will analyze the times when you are most likely to be online, the posts you are likely to click on, and offer you an experience that you practically cannot resist.

 

Chatbots getting savvier

Point 3Chatbots are gaining in prominence because they offer 24×7 customer support, faster resolution, and also keep track of consumer history. They are your virtual assistants, who are impeccable at analyzing consumer data to offer you a personal experience. Business gurus around the world have put their money on chatbots getting smarter. Businesses, big and small, will be seen leveraging the tool to their advantage.

 

Better, smoother Automation for organizations

Point 4 (1)While many processes in organizations have already been automated, the scale will grow further and across different functions. AI-led automation will be seen in Accounting, operations, HR through cutting-edge software. Visitor Management systems in offices will not only be used to make guests feel welcome but for brand advertising as well. Managers will have to come up with smart ways to make the most of these innovations.

 

If we are looking at the golden age for AI in business, then 2018 is probably going to be seen as the year when the revolution started.

At Jaipuria Institute of Management, the pedagogy has been designed in a way where PGDM students get to stand upbeat and updated with the revolutionary changes in the world of technology. From attending workshops in AI to being exposed to extensive lectures around the subject, Jaipuria Institute of Management PGDM graduates and faculty are currently conducting compelling research in this domain to interfuse Artificial Intelligence with sound Management.

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