Andhra inching towards fourth industrial revolution: CM

  • | Friday | 10th March, 2017

"To meet this demand, we will need support from Fintech and cyber security companies. Special chief secretary and IT advisor to the Government of AP, JA Chowdary said Indian IT 1.0 is facing difficulties and steps towards IT 2.0 will be backed by Fintech. VISAKHAPATNAM: The Fintech Valley Spring Conference is the state's progress towards the fourth industrial revolution which is a spectacular combination of technology and Internet of Things (IoT), said chief minister N Chandrababu Naidu Addressing the gathering at the inauguration of the two-day event through video conferencing , the CM said the demand for Fintech is growing each day. He also offered full support to organisations, incubators, facilitators and start-ups, besides inviting everyone with out-of-the-box ideas to be a part of Fintech Valley.More than 150 start-up companies competed in four Fintech challenges and over 30 international delegates participated in the conference. We also need academic institutions to adopt a curriculum that trains individuals to contribute to the Fintech sector," he added.Naidu hoped that this conference would provide multiple opportunities to meet the technological requirements of the country and the global economy at large.

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