 We're here at ITU Telecom World 2016 in Bangkok, Thailand. I'm very pleased to be joining the studio today with Mr. Sarj Kumar, who is Vice President for Digital Transformation and the Internet of Things, but for SAPHR. Mr. Kumar, thank you very much for being with us in the studio today. Thank you, my pleasure. Now, I'd like to start off by talking about a session I know you've just literally come out of about Industry 4.0. Perhaps you could explain what that means and what that'll mean to us. 4.0 came out of Germany through a collaboration between the government, academia, and industry. And it was looking at the German industry and how do you transform manufacturing from what it was for 70, 80 years. And when they looked at manufacturing, they said the big shift in manufacturing today is the ability to connect machines to computers, what they call in German cyber-physical systems. And when you talk about cyber-physical systems, it's essentially collecting all the data from these machines and also from robots and from humans and trying to convert that data into something that makes manufacturing, makes production more automated, much more efficient than it is today. And that's the key driver and that's what's driven many programs towards Industry 4.0 to as what we call the fourth industrial revolution. And what's that going to mean for us? It's going to mean more efficiency in production. It's going to mean new business models for customers. So the ability to actually, instead of selling a piece of equipment to a customer, you actually tell the customer that they can use it as a service, which means that I could put sensors in that machine which track the consumption. So if it's a compressor, for instance, the customer does not need to buy the compressor. He just needs to pay for the compressed air that he's using on a monthly basis. So instead of selling equipment, you know, selling a service. And that can only be possible through putting sensors, through making the having the ability to connect to these things and collecting data in real time from these machines. And what single factor do you think could accelerate the growth of the digital economy? Definitely it's connectivity. And being in ITU connectivity is the theme and the digital economy is driven by connectivity. So as long as you have connectivity, not just a human connectivity, but it's also, I know, and there's lots of areas where people are not connected. It's ability to connect to the machines and the things that are going to come about. And if you talk about six billion people in the world today, machines are going to be on an order of magnitude about 50 to 60 billion things as we know and probably more. So how do you scale connectivity to these 50, 60 billion things when we haven't even connected all the populations? So I think that's the big challenge that we have today. And what questions do you think that's going to raise? That's going to raise a lot of questions. So number one, of course, privacy questions have been raised for individuals with many countries including these person data protection acts, data security. But with the machines and things, I think we got also worried about security. We've been hearing stories about vehicles being hacked into. So how do you make sure that the data that's coming in from a thing out in the field, maybe thousands of kilometers away, is actually the thing that it says it has sent. It's not something else. So that's the authentication, identification, making sure that the data that's coming in this is real data. That is going to be one of the challenges. And the second challenge, I think, is the ability to scale. So how do you get all this data that's coming in, probably petabytes of data? And how do you make sense out of it? How do you do real-time intelligence? And that's where SAP comes in because we have a real-time data platform that can take this large amounts of data, can analyze this data in real-time and give you meaningful interpretation results in real-time. What about collaboration? It's a big buzzword here at ITO Telecom. Well, how important is that to you? I think in this world of the digital economy and also with industry 4.0.2, we're looking at many different players coming together. It's no longer the domain of a software vendor or a hardware vendor. So you have the sensor vendors who are providing the edge connectivity. Then you have the telecom vendors who are coming in with the connectivity to all these different things. And that's the key part. And many of the telecom vendors are now transforming themselves from a people connectivity to a machine connectivity or M2M as they call it. And then from there, moving the data into the cloud. And that's the only way you can scale by moving this data. So many cloud platforms come into play, including SAP. And then moving the data into eventually the customer's enterprise. So these are all the different pieces of the puzzle that need to work together. And that's where the ecosystem needs to come in and collaboration needs to increase. What are the key takeaways that you think you'll be going home with from ITO Telecom from the conversations that you've been having here? One of the takeaways is definitely the government perspective in terms of what the ministers are talking about. And many refreshing ideas that I've heard from many governments in terms of how they want to digitally empower citizens and how they want to progress in terms of connectivity. The second I've heard is from the regulators like ITU and other UN bodies in terms of how can they start providing this connectivity, how do players, how do corporates like us participate in the United Nations, the SDGs for instance, right? So how do we participate? How do we contribute towards achieving those SDGs? I think that's a big takeaway for me, the SDGs. And finally, what's the value for SAP being here? It's definitely the networking, the ability to connect to so many different entities in one location. The government bodies, the regulators, plus the other industries and trying to understand different perspectives in under one roof, even though it is traditionally a telecom forum, but we've seen telecom now expand into ICT, into Internet of Things, into Industry 4.0, so it's no longer just communications, it's going beyond that and that really helps us in terms of making these connections with all the different players. Mr. Kumar, thank you very much indeed for being with us today and we wish you all the best in the future. Thank you, Max. Pleasure. Cheers.