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R&D: The critical component of business growth


By MYBRANDBOOK


R&D: The critical component of business growth

Virendra Bansal, Group CIO - SAR GROUP

 


Key Priorities of 2020
In IT, COVID-19 has brought a complete new way of working. We are completely geared up for working from home and all employees contributed from home. The IT team is able to deliver more than 100% during COVID-19. The only setback is new investment. We have to extract more from the existing and that is what we are doing at the moment.

 

Combining Breakthrough & Fusion approach
AThe fusion of technologies goes beyond mere combination. Fusion is more than complementary, because it creates a new market and growth opportunities for each participant in the innovation. It blends incremental improvements from several (often previously separate) fields to create a product..

 

Cyber Security  
Cyber Security has always been a challenge. Cyber threats are increasing day by day and hackers are very active. As the time goes during and even after lockdown the swift is going to be work from home. In this scenario cyber-attacks are more frequent and will remain a challenge.

 

Achieving Digitalization  
Research and development (R&D) has always been on top in maintaining the growth of any organisation.  There are many examples in the past who have closed their operations as they did not focus more on R&D.


                                 
“The entire technology and business swift is towards customer experience. So far it was product sale and service but now it is going to be customer delight. Many CRM applications have been upgraded to get customer connect and its experience. This will be a completely new way of doing business.”


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