A business owner’s personal journey | Madhan Srinivasan | TEDxVITAP
27 Jul 2024 (5 months ago)
Madhan Srinivasan's Early Life and Education
- Madhan Srinivasan shared a personal story about his father, a rice retailer, who faced financial hardship.
- His father, unable to collect payments from customers, burned his business ledgers in frustration.
- This event deeply impacted Madhan, who was eight years old at the time, and made him realize the importance of education and a stable career.
- Madhan's own childhood was marked by financial struggles, including having to drop out of an English medium school due to his father's inability to pay fees.
- His family later faced a devastating flood, forcing them to relocate to his mother's hometown.
- Madhan's early experiences taught him valuable lessons about resilience, the importance of education, and the need to overcome adversity.
- Madhan faced challenges during his engineering degree due to his background in Tamil medium education.
- He developed a passion for chip programming after attending an embedded systems training.
- Madhan started his first company while still in college, demonstrating his entrepreneurial spirit.
- He faced rejection during a campus interview due to his poor communication skills.
- The HR manager encouraged Madhan to improve his communication skills and offered him a job after he did so.
- Madhan Srinivasan pursued higher education, earning an MTech and PhD in cloud and analytics, mentored by Dr. K. Sarui.
- He also completed a management program in Kolkata to gain business and management knowledge.
Madhan Srinivasan's Career Journey
- Madhan started two companies during his college years, but felt limited by their regional scope and sought to build global companies.
- He joined Infosys for 4.5 years, where he built India's first private cloud with 22 interns and received recognition for his work, including the Infosys Cloud Tech Guru award.
- His LinkedIn profile was among the top 10% most viewed in India, and he was recognized as a top 100 scientist by IBC Cambridge.
- He accepted a job offer in Singapore and worked for GSTF, a niche consulting firm, for over 8 years.
- He was promoted to Assistant Director and played a key role in expanding the company's business to the Philippines, Oman, and Jordan.
- He introduced technologies like AI, IoT, and big data to Singapore for the first time during his tenure at GSTF.
- He joined Accenture in 2015 and created a new business unit called Cloud Analytics or Cloud EII.
- This unit developed over 50 products, serving hundreds of Accenture customers and generating over $100 million in annual revenue savings.
- He holds over 100 patents related to these products and led the patent effort for Accenture in India.
- He filed his first patent on April 14, 2017, and within a year, had filed 14 patents in the US, UK, Europe, Australia, and India.
- Madhan Srinivasan holds 104 patents, with 65 granted, and received recognition from Accenture for his innovation and patent efforts, including the prestigious "Accenture Prolific Inventor" award.
Madhan Srinivasan's Entrepreneurial Ventures
- Despite a successful career at Accenture, Madhan felt a calling to empower humanity through innovation and technology, leading him to start three companies: WIS work, H learn, and DNA I world.
- WIS work focuses on developing futuristic innovation products using human-centered AI to solve complex human problems.
- H learn aims to revolutionize education by integrating cognitive pedagogy with metaverse and eii technologies.
- DNA I world combines genomics and AI to address human health issues, starting with cancer.
Madhan Srinivasan's Beliefs and Values
- Madhan Srinivasan believes in the power of education and its role in achieving success.
- He emphasizes the importance of impact and scalability in his approach to business.
- Madhan emphasizes the importance of embracing failure and bouncing back, using his "FBQ principle" to remind himself that failing is not a sin, but not bouncing back is.
- He believes that failures are stepping stones to success and encourages everyone to celebrate each other's failures and work together to empower humanity.