07 Oct. 2022 | Innovation | Web3.0
Innovation is vital as it provides the ability to stand out in the ecosystem. Today’s world heavily relies on Innovation, as older solutions cannot solve the new age problem statement.
A McKinsey study finds that 84% of executives say their future success depends on Innovation. Although Innovation is not buzzword anymore, there are many reasons why successful startups focus on this.
Innovation allows companies to stay relevant in the competitive market The ability to resolve critical problems depends on innovations; we need it more than ever.
Pivot and Innovation go together, and pivot is essential to make us stand out. We at TRST01 started our journey focusing on use cases in Agriculture, Food and providing Blockchain solutions on end-to-end traceability. The natural pivot of adding climate change. Climate cannot be exclusive. Climate, Agriculture and Food are the most significant problem for Humanity in Today’s world. Climate change threatens our ability to ensure global food security, eradicate poverty and achieve sustainable development, and Innovation is the key to addressing these challenges.
Innovation is no more just a Buzzword, and often It takes time to translate Innovation into an organisation’s growth. What started as an Idea in the year 2019, creating a tech platform to address the critical challenges of traceability, pivoted to the creation of three interdependent tech stacks in dMRV(Digital Measurement, Reporting, Verification) web2 (applications) and web3 (on-chain)capabilities, creating discoverable opportunities for Climate Actions. Addressing the more significant global challenges.
Creativity is one of the critical components of Innovation. Creativity and Innovation may sound synonymous, but both are not the same. Creativity fosters unique Ideas. Innovation serves multiple purposes; it combats stagnation and facilitates growth and Innovation.
Innovation can be a product, a business process, a new service line, a redesigned business flow, strategies or a combination of these. Moreover, we need to innovate our thought processes.
Innovation is the key to TRST01 and has helped us mitigate unforeseen and invertible business and accelerate our business growth. Innovation has enabled us adaption and evolution and separated us from others.
At TRST01, Innovation is the key to our success; we focus on innovating agile methodologies and creating values for Global challenges on climate adaptation and resilience initiatives, addressing challenges of agriculture and food. We innovate towards creating resilience by advancing critical adaptation initiatives through digital transformation and making them available for Global consumption.
TRST01 Business Philosophy and Innovation
As the technology ecosystem is evolving fast, specifically in the emerging technology, implementing a proper Technology Innovation Strategy is our critical aspect. New-age emerging technology must proactively provide digitally permanence and auditability those address stakeholders value-addition in each step. TRST01 specialises in helping companies develop robust new-age emerging technology-enabled solutions best suited for organisations’ specific business needs. TRST01 acknowledge the philosophy of Technology and Innovation should reach the commoner, and technology should benefit ordinary people. Trust, Transparency and Traceability are not exclusive to a few.
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Sailaja is a successful entrepreneur who believes in her passion and dedication. She has a master in business management from Herriot Watt University. She worked as a CEO for a Pharma chain in Hyderabad, and years later, she pursued her dream for pastry and got a degree in pastry from Le Cordon Bleu College, London. She started and established her patisserie in Hyderabad, getting the tastes from Global travel, infused her finesse to products taking her brand a notch higher.
Krishna Vallapu is a technology evangelist and Entrepreneur, graduated from Nagarujuna University and trained in IIM, Ahmedabad. Proven track record in building futuristic products, surpassing goals, and expectations for quality. Superior expertise with developer supervision and client relations. Out of box thinker who thrives in collaborative environments, working across business and technical teams.
Inder has an MBA in Finance in India. Utilizing his Finance background he rose through the ranks in the banking sector in the US and then after receiving his MS in Healthcare Services Administration he started his career in healthcare at the Tufts Medical Center, Boston.
Inder’s growing understanding of the expanding role of technology in healthcare caught the attention of the bureacracy and was invited to work on the Patient Privacy and Electronic Records Committee for the State of Massachusetts and later on at the State of Georgia Department of Health and Human Services. These were in the years immediately preceding the development and roll-out of Health Insurance Portability and Accountability Act (HIPAA).
Sensing a rise in ERP movement, Inder joined a software company and worked on managing ERP solutions projects in the manufacturing sector where his clients included the Coca Cola Company, Sara Lee, International Paper, Siemens (Canada) etc .
In 2008 he came to India with the aim of realizing his cherished dream of working in India. He served as the CEO of a EMR software company, and later on led the Digital Transformation at several hospital groups as a group CIO and Vice President. Inder has to his credit, several published articles in national and international healthcare technology management and as an invited speaker at various private and government conferences. He has also been cited in several articles and studies including one at the National Library of Medicine in the USA.
In his spare time Inder indulges in travel and reading.
A versatile and passionate leader with 20+ years of expertise in IT Business & Product Strategy, Market Access & Distribution models and Talent Acquisition. Seasoned Investor. Founded multiple successful businesses & Angel Networks.
An IIM – K alumnus, before embarking on his successful multi sector entrepreneurship journey, Puru served various Fortune 500 companies in Senior Leadership roles. His last corporate stint was with Bank of America.
Suraj is an entrepreneur, with more than 2 decades of experience in creating various successful enterprises, a seasoned investor funded multiple startups, specialize in creating healthcare delivery infrastructure, board member and strategic advisor, skilled in Healthcare, Telecom, IT Strategy and Market outreach.
A Technology Leader and Entrepreneur with a proven track record of building and managing innovative solutions in digital content delivery. Demonstrated history of delivering strategic solutions in Cable, Media & Entertainment industries. Expertise in building interactive ad solutions, advertising platforms, Live Streaming(QAM, OTT, PPV), subscription-based Video (SVOD, AVOD, TVOD) services, Cloud DVR, and Broadband/WiFi services at scale across a multitude of infrastructure options(On-Prem, Hybrid Cloud, Cloud Native, Cloud Agnostic). A strong business development professional and an entrepreneur at heart with a Master of Technology focused in Computer Science from Birla Institute of Technology.
An Investment Banker, Startup coach, Mentor, Strategic planner. Sector expertise Social, Agritech, Edutech, Healthcare, eGov Strategic Planner, M&A, Transaction Structuring, negotiations and valuation, An IIM-A Alumni with more than two decades of experience.