The Bengaluru Tech Summit (BTS) is India’s largest and most prestigious technology conclave, annually drawing in tens of thousands of innovators, decision-makers, and attendees. Organized by the state government of Karnataka, BTS hosts conferences, expos, networking events, and workshops to advance interaction and collaboration in the tech world. GrydSense recently attended BTS 2024 held from 19th - 21st November.


BTS 2024: A Confluence of Minds

BTS 2024 was a confluence of over 36,000 attendees, including global technology leaders, innovators, and policymakers. Themed “Unbound,” the summit showcased transformative technologies and emerging trends across industries. It emphasized key areas such as artificial intelligence (AI), space technology, biotech, and clean-tech, all while fostering meaningful partnerships through its Global Innovation Alliance and initiatives like the Hypergrowth Karnataka program.



For GrydSense - a company developing cutting-edge proptech and clean-tech – BTS 2024 represented an unmissable opportunity to learn and share insights. The summit underscored the potential of technology in shaping sustainable and equitable futures.


BTS 2024: Highlights

1. Future-Ready Skilling: The summit began with the launch of the Nipuna Karnataka skilling initiative, which aims to train 100,000 individuals in emerging technologies like AI, DeepTech, Cybersecurity, and Quantum Computing. MoUs were signed with global tech leaders like Microsoft, Intel, Accenture, and IBM to help create a future-ready workforce. Chip giant Nvidia pledged to foster local innovation by establishing an AI Data Centre in Karnataka.

2. Global Innovation Alliance: Representatives and delegations from 17 countries participated in the Global Innovation Alliance, exploring new avenues for tech partnerships and global collaboration. Partnerships for startup market access were signed with countries like Finland and Switzerland.



3. Groundbreaking Products: Over 50 startups launched groundbreaking products in DeepTech, AI, Clean-Tech, IoT, and MedTech. These products included AI and IoT devices, blockchain-based fraud prevention tools, and smart warehousing solutions.

5. Sustainability Initiative: BTS 2024 set a new standard for sustainable and responsible events. The summit achieved “Zero Waste to Landfill” by recycling 98% of its waste. The event also featured electric vehicle shuttle services, reducing carbon emissions by 9%, and contributed to the summit’s goal of achieving a 10% reduction in carbon footprint year-on-year.

GrydSense Synergies with BTS 2024

GrydSense is a leading innovator in AI-based proptech platforms for commercial real estate. At BTS 2024 the company was happy to discover many synergies and validations for its approach within the broader tech world.



Innovation and DeepTech: GrydSense uses AI-enabled IoT devices and an AI-powered platform to transform legacy real estate into smart autonomous spaces. While smart solutions entered real estate a long time ago, the company’s unique device set (designed in-house) and platform integrate modules like never before to create a holistic transformative platform. Technology innovation was a major theme at BTS 2024, and it has long been the mainstay of the GrydSense approach.



Focus on Emerging Technologies: GrydSense places paramount importance on cutting-edge technologies like AI and Generative AI to make full use of the data revolution unleashed by the proliferation of ‘smart’ IoT devices. The company depends on an accomplished team with decades of technology experience. Skilling initiatives like Nipuna Karnataka ensure a growing talent pool for companies like GrydSense, setting the foundation for future innovations.

Global Partnerships: Developing fruitful partnerships with world-leading companies is an important part of GrydSense’s market strategy. These partnerships serve as a springboard to enter lucrative foreign geographies. This approach was mirrored at BTS 2024 with events like the Global Innovation Alliance.



Sustainability and Clean-Tech: De-carbonization of real estate is one of the driving motors for GrydSense innovation. The company has helped commercial premises save up to 40% of lighting energy consumption, and up to 10% in HVAC energy. GrydSense also helps businesses make judicious use of their space, driving up utilization efficiency by 30%. Sustainable clean-tech for the built environment can make a very significant dent on global carbon emissions.

Conclusion

BTS 2024 reaffirmed the GrydSense approach of focusing on high-end technology and innovation to address real-world imperatives in real estate such as de-carbonization, efficient space use, and occupant well-being. The company’s emphasis on AI / Gen AI, data privacy and security, sustainability, and developing high-value global partnerships all found an echo at the 3-day summit.



With the new connections and collaborations, far-sighted state initiatives, and comprehensive global participation incubated by BTS 2024, Bengaluru-based companies like GrydSense can enjoy rosy prospects for future growth and innovation.