Sphot’23 Concludes with Exciting Possibilities for Real-World AI Applications

The successful conclusion of Saarthi.ai’s AI-BizTech Conference, SPHOT, was held on February 1st, 2023. The one-day event spotlighted the theme of “Powering the Bharat Revolution with AI”, bringing together top researchers from prestigious institutions such as IIT Patna and IIT Kharagpur, along with distinguished CXOs and business leaders. At the conference, the highly-anticipated launch of Pravid, Saarthi’s cutting-edge Communication AI platform, took place, poised to revolutionize the way enterprises communicate with their users.

Mumbai, 2nd  February 2023: The SPHOT conference, organized by the Communication AI leader Saarthi.ai, successfully concluded on February 1st, 2023. The name of the conference, “SPHOT”, is derived from the Sanskrit word meaning “to burst” and it lived up to its name by providing an explosive array of innovative ideas and showcasing novel research and meaningful real-world AI applications in Indian languages and the Communication technology ecosystem.

The conference was inaugurated by Shri Mano Thangaraj, the IT Minister of the Government of Tamil Nadu, who delivered the opening keynote about the benefits of incorporating cutting-edge technologies in e-governance. The academic keynote on “Sphota and the Process of Cognition & Communication: A Cognitive Holistic Approach” was presented by Prof. D.N. Tiwari, Senior Fellow at ICCR.

The conference was attended by over 300 individuals from various backgrounds, including senior executives, heads of data science and analytics, VCs, AI and software developers, students, and more. The participants also included leading researchers from institutions such as IIT Patna and IIT Kharagpur, as well as well-known CXOs and business leaders from enterprises like Fullerton and KreditBee, and budding entrepreneurs.

The theme of SPHOT ’23 was “Powering the Bharat Revolution with AI” and it was evident in the insightful sessions that took place. The audience was especially interested in the business keynote on the role of Communication AI in improving the speed and accuracy of lending decisions, delivered by Ajeet Kumar, COO of KreditBee. Other noteworthy sessions included “Voice AI in BFSI: Past, Present & Future”, “Brain Inspired Energy Efficient ANN Architectures for AI/ML Applications” by Prof. Jawar Singh from IIT Patna, and “Tribal Languages: documentation, language endangerment issue, and language rights, policy & planning” by Mr. Sujoy Sarkar, Officer-in-Charge of the Scheme for Protection & Preservation of Endangered Languages at CIIL in Mysuru.

While speaking in a panel discussion on Languages, Diversity, and AI, Ms Bornini Lahiri, Assistant Professor, IIT Kharagpur, said, “We think languages are different and they are from different families, but there are aspects which are universal. These common, universal aspects are very interesting and a topic of interest for many researchers.”

The annual AI-BizTech Conference witnessed eminent speakers such as Nitin Agarwal (Fullerton), Bornini Lahiri (IIT Kharagpur), Sivakumar Nandipati (Fedfina), Jawar Singh (IIT Patna), Shikhar Dev Gupta (MindKosh.AI), Ajeet Kumar (KreditBee), among others.

One of the highlights of the event was an exclusive product launch of Pravid – Saarthi’s flagship Communication AI platform that will disrupt how enterprises communicate with their users.

Commenting on the great success of Sphot’23, Mr. Vishwa Nath Jha, Founder and CEO of Saarthi.ai., said, “Through Sphot – our flagship AI thought leadership conclave, we are happy that we could bring together delegates from the fields of philosophy, artificial intelligence, linguistics, computer science engineering and financial enterprises, on one platform. In line with the theme of the second edition of Sphot- ‘Powering Bharat revolution with AI’ – I’m really excited how the conclave brought together multifaceted perspectives of language and speech technologies pertaining to technological challenges and growth areas in conversational AI, its incredibly diverse impacts on financial enterprises and national financial literacy awareness. Sphot also presented us with an opportunity to showcase our enterprise suite of products and share with the world how Saarthi.ai has quietly revolutionised the growth of lending businesses and helped enterprises effectively manage the notorious collections and recovery operations.”

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