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Innovsol is an idea that represents a new age of innovators. We intend to effectively integrate automation, analytics, and AI strategies across industries such as Banking and Finance, Insurance, Retail, and Manufacturing to steer the enterprises through their digital journey – Ashok Pandey, Innovsol, Full Interview

Ashok Pandey, Innovsol
Ashok Pandey, Founder & CEO of Innovsol
Innovsol is a new age consulting and services firm that leverages digital technologies to create innovative and curated solutions for the businesses. The company combines tech expertise and business intelligence to catalyze change and deliver results towards enabling the enterprise goals by harnessing the power of emerging technologies. Below is a snippet from a recent interaction between team IT-Voice and Ashok Pandey, Founder & CEO at Innovsol:

Prateek: What is the vision behind Innovsol?

Ashok Pandey: Innovsol is an idea that represents a new age of innovators. Our vision at Innovsol is simple, an automated future of operations for organizations of all shapes and sizes! With our services, we intend to effectively integrate automation, analytics, and AI strategies across industries such as Banking and Finance, Insurance, Retail, and Manufacturing to steer the enterprises through their digital journey.

Being a startup that is primarily into consulting and services, our primary work is to reduce human errors by letting programmed robots take over a complex extent of work efficiently, enabling the enterprise goals by harnessing the power of emerging technologies.

Our firm leverages digital technologies to innovate the curated solutions sector for businesses of all shapes and sizes.

Prateek: What is the concept behind ‘Chatur’?

Ashok Pandey: ‘Chatur,’ denting four in Sanskrit is our new logo! The logo is a visual representation of the principles that drive our operations. They are Innovation, Integrity, Excellence, and Passion. Our newly launched logo is our journey, from being a sole RPA provider to becoming a frontrunner in Intelligent Automation, Data & Analytics, Cloud Technologies, and Artificial Intelligence.

Prateek: What are some of the services that Innovsol offers in the Automation segment?

Ashok Pandey: With our operations, we tend to leverage the data and provide in-depth research-based offerings for potential differentiated outcomes in the universe of business.

Talking of our range of services, they primarily revolve around automating web-based applications, automating overall internal, and providing unmatched answers for Citrix, SAP, Telecom, and BPO robotization.

Prateek: What technologies will be in trend in the coming years?

Ashok Pandey: The world is changing at an abrupt pace, with so many technologies coming up almost every other day, it’s really hard to keep a count of a few. However, here are some of the technologies that I look forward to in the coming years: 

  1. Hyper Automation – Increased focus on growth, digitalization, and operational excellence

have highlighted a need for better, more widespread automation. Hyper Automation is a

business-driven approach to identify, vet and automate as many businesses and IT

processes as possible. It requires the orchestrated use of multiple technologies tools and

platforms, including RPA, low-code platforms, and process mining tools.

  1. Smart Supply chain solutions – The pandemic has exposed global supply chain weaknesses

and vulnerabilities. Many companies cannot fulfill orders due to the disruption of supplies,

with Chips being one of the recent, e.g., impacting Automobile sales. Companies realize a

real need to shift to more flexible and smart supply chain tools that are fully digitally enabled.

  1. AIoT – Artificial Internet of Things – The Internet of Things (IoT) can collect massive quantities of

data regularly and make these datasets accessible across the organization for decision-

making. Today, companies are looking to use better-collected data to help people make

better decisions that improve business performance. Innovsol sees this dynamic across all

aspects of manufacturing, from design engineering to operations and maintenance to supply

chain and human resources.

  1. 5G Technology – 5G technology, when compared to 4G (the technology in use right now), it

can increase speeds tenfold. 5G will redefine entire industries by improving connection

speeds and data transfers. Some of the things that will benefit from 5G will be connecting

autonomous vehicles to the internet, improving virtual

Prateek: What are your views on RPA and how the technology could help enterprises?

Ashok Pandey: Automation has become a common technological idea in businesses. With operations becoming vast and costs recurring, RPA is your way to go for improved efficiency, while saving you time and money. 

Robotics, artificial intelligence, and other new technologies that can carry out human operations and operate autonomously by making judgments or interpreting data without direct human intervention add the intelligent feature.

As a result, Intelligent Automation is the fusion of these & smart technologies with automated processes. in order to improve business process automation. In my opinion, enterprises using chatbots and smart replying machines over their platforms are the start of this journey.

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