Transforming Businesses and Ensuring Security With AI | Pankit Desai, Sequretek

Jun 15, 2023

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In this episode, we sit with Pankit Desai, a seasoned corporate leader with nearly three decades of experience in the tech industry. Pankit shares his insights into the ever-evolving world of technology and its profound impact on businesses and society. He also takes us on a journey through the waves of technological advancements he has witnessed throughout his career, from crowdsourcing to digital transformation. We explore the advantages these waves have brought, including labor arbitrage, price advantage, and time-to-market advantage, allowing companies to stay competitive in the ever-changing market landscape and we discover how technology has become an integral part of our daily lives, driven by the internet and the proliferation of mobile devices.

The conversation then turns to the integration of artificial intelligence (AI) into businesses and organizations. Pankit highlights the prerequisites for AI success: data, compute capacity, and connectivity. They explore how these prerequisites have made AI more accessible, paving the way for its positive impact on various aspects of life.

With a focus on security, Pankit shares his expertise in applying AI to tackle the challenges of a rapidly evolving threat landscape. He emphasizes the limitations of siloed security solutions and reveals how AI can provide real-time threat identification and response without additional manpower. He then recounts his own journey of founding Secure Tech eight years ago, where he leveraged AI to address the critical cybersecurity problem.

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Founder Bio:

Pankit Desai is an Indian entrepreneur and the co-founder and CEO of Sequretek, a cybersecurity, cloud security products, and services company. He co-founded Sequretek in 2013, along with Anand Naik, and has been instrumental in growing the company into a leading provider of cybersecurity and cloud security solutions. Before starting Sequretek, Pankit held various technology leadership and management roles in the IT industry across companies such as across companies such as NTT Data, Intelligroup, and Wipro Technologies. He holds a degree in computer engineering and has a strong background in technology and entrepreneurship. At Sequretek, he is proud of the growth that this team has been able to achieve within a short duration. With product offerings that have found resonance with over 120 customers across industry segments, it has been able to grow at phenomenal growth rates and has ambitions to create India’s first truly global security product and solutions company. Under Pankit's leadership, Sequretek has won several awards and recognition for its innovative solutions and commitment to the cybersecurity industry.

Time Stamps:

01:56 Pankit’s background on AI and the impact of technology on everyday life

06:07 Impact of AI on businesses and organizations

09:35 Exploring the power of AI in cybersecurity

12:39 Possibility of AI-driven security solutions for data consumption and threat response

14:23 Zero-day threats and data acquisition strategies

19:27 AI product differentiation and competitive advantage

21:32 Benefits of AI for security challenges

25:30 Building trust and acquiring customers in the cybersecurity space

27:59 Closing deals and raising capital

30:05 Leveraging AI and security to run a capital efficient business

32:46 Using offshore talent for capital efficiency in the product build lifecycle